To understand why this is not happening look to the Federal reserve and the entire banking system.
The Fed is a half private/public institution. It is the source of power for all the banking clans and why they have a chokehold on America.
The fractional reserve banking system allows them to create credit ex nihilo and all banks and government borrow this imaginary money from the Fed when they need some more juice, but have to repay it with interest.
Because of the way the economy is established and the massive amount of debt the country is in, it is no longer possible to end the fed. This would destroy the American dollar, reignite the great depression and destroy the lives of regular working class people.
The only reasonable way out of the chokehold is for the government to end the private ownership of the fed and take full control. They then can use the fractional reserve banking system to to create this imaginary money to pay off the national debt, but over the course of 10-20 years so as to keep inflation to a mininum.
If you want to take power back and truly return it to the people, you're going to need a new economic system, one that doesn't rely on a debt based economy.
There is a way, but American conservatives seem to be thoroughly indoctrinated into the Austrian school of economics, which makes true reform extremely difficult.
That style of economics is what the bankers use to their advantage, and unless Americans come up with a new school of economics to revise capitalism and fix the brokeness, America will always be on the path to serfdom.
Many find this hard to accept, but capitalism is a broken system. The closest thing to free market capitalism existed before WWII, and the economy was in recession 40% of the time.
After WWII the government got way more involved in the free market and switched to Keynesian economics and that's what caused the boom. Crony capitalism as many call it, is what many conservatives say the don't want. But keynesianism is crony by nature and most conservatives say you still need some regulation, thus they wish for the crony aspect to help the little guy, but in reality the regulation will always help out the highest bidder.
This is not an advocacy for socialism, as that system is even worse. But there needs to be new theories that are well thought out, and are not set up to the advantage of the banking clans.
This seems like a good start honestly, however the problem is congress. They are forcing government spending to unprecedented levels.
Hopefully this helps put the brakes on the private sector banking system to stop giving out bad credit, but if they are intentionally doing it, this merger wont change that.
You should consider following X22 Report at X22report.com...Dave archives his shows there....go back about 6months and start there he breaks his programs up into two parts watch the "A" reports which is more of a financial news update...Dave was a financial market report pundit before Q even came along...the short story of his take on the FED, It's broken, we live in a financial illusion and for the time being the FED is being pumped to keep the system stable at the expense of Charter Banks whom are owned by people like the Rothchild's. The idea being in the end to collapse the fiat federal dollar and replace it with a gold backed one. As for the private banks and credit...when you consider that Banks derive their power and control over the people whom are indebted to them. Then you understand why they have no problem issuing bad debt... after all we the people bailed them out the last time they messed up, right? Except for a few most of those banks still operate today. Putin just paid off his country's world bank loans and kicked the "Dollar" out of Russia as reported just yesterday, so I think he's aware of what is to come as well. There will be no saving the banking system as we know it in the end.