Taking Over the World  |
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They say that banks rule the world. Is that why Obama wants to take over the banks?
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1. fwidman (5389) | 7 months ago | I don't think Obama wants to take over the banks, I do think he wants the government to make every effort to keep the banks running and open. Remember that the funds in most banks are federally insured, meaning that if the banks close, the government has to pay the people that had money in those banks. Our government is broke enough without that extra monetary burden.
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2. oudine2 (139) | 7 months ago | Banks are not the only ones that rule the world. There are also some very big corporations and powerful people all around the world. But the people also has a power, and the real power is in the people´s hands. Despite this, Obama is not taking over any bank, the banks are in bankrupcy, that´s all, Obama is giving them money to stay alive, but he is not personally doing anything against banks. Personally I would nationalize all the banks that enter into bankruptcy.
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3. foursox212 (175) | 7 months ago | No, but I do believe that there are a couple billionairs behind the scenes running the world bank and our Presidents Bush included do the bidding for them. It just doesn't make sense the crap both parties don't do to get us back on track.
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4. heathcliff (791) | 7 months ago | Collectively, banks are an extremely important cog in the world's gears, but they do not rule, nor does President Obama have any plan in place to "take over" any banks. If someone wants that kind of power they generally do not go into politics in America. The answers you've received so far seem to have spelled out what is really occuring.
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5. xfahctor (5597) | 6 months ago | The thoughts run the entire spectrum. I am of the suspician...mind you, I siad suspician that there are forces behind the scenes at work. The federal reserve is one key player, a private institution that runs with no over sight, no control from the people and in ties with the IMF and other international banking institutions, ties that at least to me, seem a little too tight for comfort.
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