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  Govt- Politics

Should Citibank become the Nations first government owned bank?

By Kevin Anthony Stoda ()     Permalink
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Should Citibank become the Nations first government owned bank?

    

Should Citibank become the U.S. nation's first government owned bank?

In many countries, such as the economic powerhouse Germany, there are both national banks that the federal government maintains shares in and local state (Laender) partially owned banks.  These are called Sparkasse, etc.

Citibank owners have shown theirselves to be unfriendly to American and world savers and users.  If the U.S. government continues to prompt up Citibank and similar banks, the government should be prepared to permanently keep shares in the banks and to send any profit money back in to pay off American debt  and expenses.

I don't think it would help.
No way, this is a stupid idea.
Possibly, along with controlling interest rates in toxic banks, this needs to be done.
Yes, if Citibank is so big and powerful, It needs to be better controlled by Americans

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KEVIN STODA-has been blessed to have either traveled in or worked in nearly 100 countries on five continents over the past two and a half decades.--He sees himself as a peace educator and have been-- a promoter of good economic and social development--making-him an enemy of my homelands humongous DEFENSE SPENDING and its focus on using weapons to try and solve global (more...)
 

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