Will USA nationalize banks?

Banks will be taken over, many will fail. There is talk that Citigroup and Bank of American will be nationalized. It is doubtful that the catastrophic collapse of the banking system will not impact the economy. This terrible event will send shock waves around the world and force USA to nationalize banks.

My prediction is that we are looking at a financial meltdown similar to the 1930's Great Depression. That is why I am telling people to buy bullion. Things on the financial front are so bad that the gov may be forced to confiscate gold people own, like they did in the 1930's. In the 1930's Great Depression USA made gold ownership illegal and confiscated it.