Talk that some banks might have to be taken over by the government neglects one fact: there is no government in America.
There is a business enterprise called the United States Government that began operation when George Washington became President of the United States by accepting at will employment by agreeing to do his best to “preserve, protect and defend” the assets belonging to the United States of America.
Dissection and examination of the business plan that is the Constitution of the United States does not reveal a government of three branches. At best there is a much despised lawmaking body of old men and some women, who claim to have been elected by persons who are not technically qualified to represent themselves.
If the United States Government is going to start taking over banks, it will first have to come up with a word to properly describe the process.
Dr. Eduardo M. Rivera