Sure it does. When the bank lent me money to buy my house, they control how I behave. They mandate that I purchase insurance to protect their investment in me. They mandate that I pay them on certain dates, and pay them extra for their trouble.
If you borrow money from someone, they will mandate that you protect their investment in you. If you borrow money from the government, they will do the same, and they have the power to change the rules in midstream via legislation.
You agreed to live up to certain terms when you took the loan, such as maintaining insurance and paying the loan back according to an agreed upon schedule. The bank has no power to enforce
anything at all except what you willingly agreed to upfront.
Your mortgage bank can't come in and tell you what color to paint the walls of your house, or how often you must mow your lawn, or whatever else. You car loan lender can' tell you how to drive your car, or how to maintain it, or hwo can borrow it, or anything else. Your credit card company can't tell you what to do with any of the stuff you charge onto your card.
All the lender can do is enforce the terms of the loan. They have no other rights or powers whatsoever. None!
The loans to the big banks are no different. FedGov has no more right to run the big banks because they gave 'em a loan than your mortgage bank has a right to make you hire the bank CEO's brother-in-law Joe Bob to replace your furnace.
FedGov has no right to do anything except enforce the ortiginal terms of the loans they made to the banks. Those terms
cannot be changed on the fly. Those terms did not include any provisions that the government would get run the bank.
Get a clue, people. You're falling for a red herring. Obama knows the big bank execs are unpopular right now. He knows he can get away with abusing them. This has nothing to do with loans or bailouts or the economy, and everything to do with power. Obama sees a chance to steal a huge chunk power for himself, so he's doing it. He's going to get away with it because the country is cheering on the abuse of hated executives, and nobody is bothering to stop and think about what's happening here.
What happens when FedGov decides to tell
you how to run
your household the same way they've told the banks how to run their businesses? Do you think they can't? Do you think they won't? Do you think they're only going to abuse other people and never abuse you? They own your mortgage, you know, either through Freddie/Fannie or through the banks they've taken over. By your reasoning the fact that you owe them money for your house grants them the authority to control everything that goes on in, around, and relating to, your home.
Right?
They also now own the car business, the student loan business, the credit card businesses, and the investment brokerages. By your reasoning they can control most every aspect of your life, everything from where you can travel, to what you can learn and what careers you can pursue, to what you can spend your money on and how you can use the things you've spent your money on, and whether or not you're allowed to build up any savings or personal wealth.
Wake up, people!