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
It is completely unacceptable that virtually no other american politician (except perhaps Kucinich?) has yet called for Glass Steagall to be reinstated, unbelievable and unacceptable. The MSM is utterly useless for not reporting on the GS Act and on why FDR contemporaries had enacted it in the first place.
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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
US Gov are the Thugs on this planet
ha38bb1 10 months ago
people better wake the fuck up and over throw the US Gov!
ha38bb1 10 months ago
come on derivatives exotic investments MBS and CDO carbon swaps
so wrong
someone needs to regulate the federal reserve! Audit them
fiat curency always fails
cantfindtime 1 year ago
It is completely unacceptable that virtually no other american politician (except perhaps Kucinich?) has yet called for Glass Steagall to be reinstated, unbelievable and unacceptable. The MSM is utterly useless for not reporting on the GS Act and on why FDR contemporaries had enacted it in the first place.
Rickdeckard2020 3 years ago