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Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.
H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act
tepstolog 9 months ago
@tepstolog great post man, keep on the good work ....
tepstolog 9 months ago
Thank you for sharing your knowledge ...based on results, you are typical of the good solid people who are WAKING UP TO THE BIG PICTURE BY LOOKING AT THE RESULTS of The Government's actions & non-actions I myself have just woken up to 'The Fraction Reserve' Poncy scheme, & that the charge & very high interest we pay ...JUST to use Federal notes ('Dollars'), is what WE know as 'INCOME TAX' ...!!!
The Founding Fathers would be 'arranging otherwise' if they new what happened to their dream. .
PETEtheTRAINER 10 months ago