I don't know if this is just me but I find it a bit scary that if the government owns the banks then whoever gets elected owns the banks and then we have a whole new level of fear..."If the Republicans run the banks the X is going to happen"...."If the Democrats run the banks then Y willl happen" etc etc etc.

The idea behind our economy is that eventually we have to pay for goods and services and the faster we just let things be the faster we get back to people getting back to normal which means spending like normal and maybe we have to wait a while before the lending comes back to normal but I would rather the economic environment adapt than the government just go in and start running things.