Obama wants unlimited credit? Sounds crazy-

[Kasz216]

Aielyn said:

Kasz216 said:
Actually no, no they can't.

If you can't exercise ownership rights, you don't own anything.

The whole point of ownership is that you either alone, or in concert with other owners have control over what you own.

Ever heard of a contract?

Putting it another way, it's kind of like how the managers of a publicly-traded company are legally obliged to make every effort to make profits for their investors. The investors are the ones who own the company, but they don't have a direct say in its operation.

And as I understand it, while the board is chosen by the president and confirmed by the senate, they have an advisory council from the banks. If I were to describe the system as it stands, I would describe it as "public-private". It's majority public-owned, but with private ownership as well. So it's not quite so easily put in black-and-white terms that you Americans seem to love so much.

I have heard of a contract.   They can be terminated by the owner.  The managers of a publicaly traded company can be fired by any time at the behest of its investors.

Hence the difference.