[goldstategop]

Banks are privately chartered or used to be but its more far reaching than just Uncle Sam taking over mortgages in default. We'll have a government run banking system for the first time since the United States Bank in the 19th Century.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[WOSG]

“We’ll have a government run banking system for the first time since the United States Bank in the 19th Century. “

We’ve had that since 1913. The Federal Reserve.