Glass-Steagall Revisited

Our current financial problems can be traced in part to the repeal of this important New Deal banking law.

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News & Politics

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• Banking
• FDR
• Eisenhower
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[clublodi]

Try to Cover up the fact the repeal was written by three republicans and voted on almost completely along party lines Republicans for and Democrat against. Also remember what was going on with Kenneth Star and the White water investigation at the time how do you think Clinton stayed in office after he was Impeached.

[ScottPearceEsq]

You appear to think it's OK for Clinton to have signed the repeal of Glass-Steagall because it helped him stay in office. If Bill Clinton had cared about anything other than himself, he would have resigned and allowed Al Gore to run as an incumbent.

It's important for Democratic voters to understand that the Democrats are as owned by corporate interests as are the Republicans. "US politics is nothing more than a TV reality show put on by Wall Street."

Vote for ANY non-corporate party!

[chbs4122]

Doesn't the president have the ultimate power to veto if he doesn't agree? Democrats and Republicans are in bed together. Think and stop acting like your rooting for a football team. How about being an American instead. If you take off you democrate/republican blinders you may be able to see the truth before its to late to save what is left of this country. Political parties are just a distraction to passify the masses into rooting for their team while being robbed by both!

[medartist01]

What kind of drug are you on?

I suppose you think that the FDA should do away with whatever regulations are remaining on our food industry, you moron. So, the salmonella in the peanuts that killed so many is OK for you, you quack? "Regulations ONLY harm the innocent?"

Are you that dense? You can't be THAT stupid. You must be a GOP businessman, who could care less about product safety or efficacy. Would you knowingly send products to consumers that could hurt/kill them.

What a sicko.

[LuthielV]

Please help to hold the big banks accountable by signing this petition to reinstate Glass Steagall. Go to Change dot org and search Reinstate Glass Steagall.

[JackofOneTrade567]

@medartist01 You're an idiot if you think govt regulations are necessary or even effective. Let me ask you, would eat something that you knew would kill you? No, so why then would a company sell it? It's bad for business for a company to physically harm their customers. Grow a brain cell, will ya.

[JackofOneTrade567]

Glass steagall created monopolies. It was good that we repealed it. However, the bailouts during the financial crisis kept those monopolies from going out of business.

As usual, the free market tries to fix an issue, and the govt steps in and bails out corrupt corporations, perpetuating the fascist state we live in.

[Skilbeard]

@clublodi Fancy U advising Democrats. The Republicants don't like regulations, blame them for sending that Bill to Prez. Clinton. Also, ask them to stop trying to fight against Frank-Dodd.

[BoudiccaBlanc]

@Adnihilo I hear you! All of them should be arrested for Sedition!

[Adnihilo]

@sniper6081

According to Ron Paul Peter Schiff is an economic 'god' but for everyone else he's just another failed investor.

[Adnihilo]

@clublodi

Clinton had to sign the GLB Bill passed because it was passed in the final conference vote with a veto proof majority

[Adnihilo]

@BoudiccaBlanc

There would be no 'TARP' or corporate bailouts if 54 republicans had not voted 'yea' joining the 44 democrats [all but Hollings in SC] voting 'nay' on the GLB Bill written and sponsored by Republicans bribed and bought by $300 million in banking industry money from lobbyists.

[Adnihilo]

@pharesc8019

Clinton couldn't of 'been reelected' in 1999 because his 8 years were up. Clinton also couldn't veto the GLB Bill because it passed in the final 'conference vote' with a veto proof majority, but the initial vote on this republican authored and sponsored bill all bribed and bought by $300 million in banking industry money from lobbyists. with all 54 republicans voting 'yea' with 1 dem, Hollings [SC] voting for it, and all 44 Dems voting against it.

[Adnihilo]

like the GLB bill was passed with in a veto proof majority..