I am of the view that nationalism of banks is the perfect solution to prevent another global financial crisis. One of the main reasons for the collapse of various banks during global financial crisis was the government’s lack of control over them. The directors of these banks are only interested in their salary and perks. They don’t have any sort of social commitment or responsibility. India is one of the very few countries unaffected by the global financial crisis. The main reason for this is that in India banks are under the control of the central government. So I think bank nationalism goes a long way in making the banks secure. Stereolithography

In the eloquent words of William J.H. Boetcker:

* You cannot bring about prosperity by discouraging thrift.
* You cannot strengthen the weak by weakening the strong.
* You cannot help little men by tearing down big men.
* You cannot lift the wage earner by pulling down the wage payer.
* You cannot help the poor by destroying the rich.
* You cannot establish sound security on borrowed money.
* You cannot further the brotherhood of man by inciting class hatred.
* You cannot keep out of trouble by spending more than you earn.
* You cannot build character and courage by destroying men's initiative and independence.
* And you cannot help men permanently by doing for them what they can and should do for themselves.