The prospect of nationalizing banks, particularly BofA and Citi, has been popping up everywhere recently. In his latest column, Paul Krugman argues in favor of nationalization on the premise that it is not only the only remaining option, but the natural course of action in a case like this. Rick Newman, however, wants everyone to take a deep breath for at least enough time to realize just how "scary" the prospect of nationalization is. With the Dow still on the slide, many are still wondering what the right thing to do is.