All financial institutions to be run by the federal government.

[RockSmith372]

highwaystar101 said:

...Doesn't seem as bad  when you read the whole article.

It's not like the idea is to have a socialised banking industry where what Obama says goes and he has 100% power over everything. He just wants a bit more control over the financial sector during the economic crisis. It wont destroy the country and it wont take away all your rights overnight.

If he was to set up a national bank and dissolve all the others, then that would be going too far.

I was thinking that too!