America Saves The World.

America Saves The World & Can Save Itself IF The Glass Steagall Bill Is Re-Enacted Now Wars Could End Bad Debts Created By The Banks Will Be Returned To THEM Bringing Freedom From The Fraudulent Bankers An End To Austerity Measures & Peace in The World With Waring Countries Working Together to Bring A More Harmonius Life To The Peoples Of The Earth.
About The Glass Steagall Bill:
In 1933, in the wake of the 1929 stock market crash and during a nationwide commercial bank failure and the Great Depression, two members of Congress put their names on what is known today as the Glass-Steagall Act (GSA). This act separated investment and commercial banking activities. At the time, "improper banking activity", or what was considered overzealous commercial bank involvement in stock market investment, was deemed the main culprit of the financial crash. According to that reasoning, commercial banks took on too much risk with depositors' money. Additional and sometimes non-related explanations for the Great Depression evolved over the years, and many questioned whether the GSA hindered the establishment of financial services firms that can equally compete against each other. We will take a look at why the GSA was established and what led to its final repeal in 1999.
Reasons for the Act - Commercial Speculation
Commercial banks were accused of being too speculative in the pre-Depression era, not only because they were investing their assets but also because they were buying new issues for resale to the public. Thus, banks became greedy, taking on huge risks in the hope of even bigger rewards. Banking itself became sloppy and objectives became blurred. Unsound loans were issued to companies in which the bank had invested, and clients would be encouraged to invest in those same stocks.

http://www.investopedia.com/articles/03/071603.asp

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[texme]

Ask not what Hackers/Anonymous can do for you, ask what you can do for Hackers/Anonymous. Now we have a real choice Democrat, Republican, independent or Hackers/Anonymous. Its time to Reverse Engineer $ociety.

[netlethe]

Word.

Peace for all.

[bradq]

the larouchies should get behind Ron Paul.

[MyTube22T]

Well done.

[Spud4X]

We're in a lot of trouble.

[mgtosman]

July 4TH American Revolution