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Nationalizing banks

Nationalizing banks

Rob Archer's avatar
Rob Archer
Feb 15, 2009
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Nationalizing banks
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Some high-ranking Republicans are publicly saying we should consider nationalizing banks.

In a gloomy segment about the financial sector on ABC'S This Week, two self-avowed fiscal conservatives said that the U.S. Government should at least consider nationalizing the country's banking system as a means of moving beyond the current lending crisis.

"This ide…

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