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Nationalize the banks.

1,814 Views / Posted by Patrick McCarthy

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Breaking up the big banks into a greater number of smaller, local banks would inevitably lead to the most successful of these banks purchasing and consolidating their weaker competitors again into fewer, larger entities. I propose consolidating the current big banks into a single entity and nationalizing it, creating a nonprofit, credit union type National Bank of the United States, in which every citizen would be a "shareholder," without any priority shares, and receive a dividend at the end of each fiscal year.
Supporters: Patrick McCarthy, Reddit User Person
Opponents: Patrick Warner, Matteo Kausch
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    Matteo Kausch

    Matteo Kausch / October 31, 2011 at 6:05 PM DT

    Not phrased as a problem.


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