I have WHAT in my yard? :
FourPawz
We have a recent history of governmental takeover of business. The interference in the banking system, General Motors and in the Chrysler corporation are the most glaring examples. General Electric, a multi-billion dollar corporation, pays zero taxes while supplying huge sums of money to political interests.
To specifically address this I would say that I reframe these. This was by far not the government taking over these businesses so much as it was these businesses using the government to scrape off their bad debt and to socialize their losses to you and me while retaining their profits for themselves. The government didn't take over these businesses, it got taken by them.
Believe me when I say I am NOT anti-business! I am anti multinational corporations who are so far reaching they are not beholden to any government whatsoever in any country. They have no loyalty to anything other than quarterly profit reports. They are not even loyal to shareholders which are now usually individuals pensions and retirement plans as oppose to people who ca afford to lose what is invested.
I agree with many of your suggestions with this caveat. For years, the federal reserve, beginning with Alan Greenspan, has artificially kept interest rates low to prop up the economy. In the case of the banking crisis, had government not insisted banks scrap the rule of only lending to those with the ability to put 20% down on the purchase of a home, with a high credit rating, your suggestion that government has been "used by business" might be plausible. However, do we not all agree that, beginning with the Bush administration, there has been a radical change in how real estate has been approached? I have vivid memories of George W Bush telling the country that "everyone deserves to own their own home". No, Mr Bush, they do not. Recent events have proven how wrong you were.
Congress passed bills that forced financial institutions to make "no money down" loans to people who could not pay them back, specifically a bill brought to congress by Barney Frank and Chris Dodd. The first government bailout forced Bank of America to take over Countrywide and its worthless mortgages. No bank would have touched Countrywide on its own. Our government insisted the banks take actions that no business person in his right mind would make.
Reality has shown that selling homes to unqualified buyers has brought our economy nothing but catastrophe.