Jill Stein: Instead of Bailing out the Banks, We Can Nationalize the Banks

‘We need to correct the problem and not just go back to the same problem of banks that are too big to the fail’

STEIN: "So let me say there are more options than just bailing out the bank. The bank can be, for example, nationalized and turned into a public bank or broken up into smaller banks. We need to correct the problem and not just go back to the same problem of banks that are too big to fail. Because that’s where we are. This failure of Deutsche Bank has been in the works for a while, and our own banks are more consolidated than ever, more risky than ever. What a President Stein would do upon taking office is insist that we use what are called minimum capital requirements so that the banks are not taking really dangerous risks with taxpayer money. And if they do fail, we need to insure that taxpayers’ interests are insured going forward and in the process of that bailout."

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