Is a government takeover of the banking system good for the American people?

or is it just a way for the government to take over the people since they do not really like the words "we the people".

As much as I hate the idea, we evidently have little choice. Its either save the banks or kill our economy. McCain and his clueless Party obviously have little clue about what needs to be done. If anyone has read the counter-proposal (I have...it was one page outline. Funny on how I could read their plan but McCain couldn't read Paulson's 3-Page Plan yet had the audacity to argue against it?)

They want the government to create an Insurance-type of entity that insures the bad debt. What the clueless bunch fails to realize that the problem is liquidity. Under their proposal, the banks still have the bad debt on their books and no money to pay for the insurance or to continue the economy. In a nut-shell, its like being in a sinking boat and saying, "let's drill a hole here so the water can drain out". THAT'S just proves the economic mentality of the Republican Party.)

this bailout goes through prepare to be a tax slave for the rest of your life. This bailout will only prolong the inevitable and saves the rich once again while the rest of us pay for their greed.If this isnt socialism, then what would you call it?

Make no mistake, the End Game is almost complete.

First they planned and drew up plans to invade Iraq and Afghanistan

Second they let happen/created a terrorist attack to get special powers over the Constitution and people by the formation of a World monitoring structure while attached to the Military Industrial Complex

Third - they planned and executed this entire collapse of the American loan and banking debt system for the purpose of handing the entire monetary and loan system of our Nation over to the privately owned Federal Reserve.

The fourth step is coming - Food control and rationing along with free trips to the FEMA camps for dissenters in time of declared Martial Law.

The goal of all of this is to get one step closer to a one World currency by using a bailout system with Canada and Mexico in the so-called conspiracy called "The North American Union". They created the collapse and now act and look like our saviors.

From there you have the Amero - and the Euro!

All national leaders involved will then agree that it is in the best interest of all World citizens to join those two currencies together creating one currency.

Its all about the wealth and power and nothing about our security from terror or financial collapse!

We patriots have been warning about this for 7 years and it was denied - but - here it is and in your face.

Sorry but being controlled and regulated by the government is not the answer. If you think it is, perhaps you would like to live in a communist country. Cause that's where its leading. You don't have to believe me, just do some research.

So maybe they just ought to let the country go to hell. Maybe that will make you happy. *rolling eyes*