Today more and more people believes that a condition of the cash advance loans from President Obama to the troubled companies should be that the large banks that have absorbed toxic assets accept a period of nationalization. Nationalized banking has been tried before in the U.S., but it never lasts and it usually doesn't work too well. Freedom of choice is what America is all about. One would just worry that if it were to happen, banks would dominate all aspects of credit, and then there would be no choice where to get Cash Advance if we needed them.


