So when the government owns some of the banks, and the government sets the banking rules for all of the banks... are they going to play nice with those banks that didn’t drink the kool-aid?
I think there will be a few ‘fairness’ rules introduced into the banking rules that just happen to benefit government-owned banks.
The gubmint sets many of the rules now — for banks insured by the FDIC.
The gubmint also sets rules for food and drug safety, cars, toys, airplanes, broadcasting, etc. etc.