Glass-Steagall Reintroduced in Congress (Would Prevent a Mega Disaster Worse Than 2008)
On February 1, 2017, Representatives Marcy Kaptur (D-OH), Walter Jones (R-NC), Tulsi Gabbard (D-HI), and Tim Ryan (D-OH) introduced the “Return to Prudent Banking Act,” H.R. 790, calling for the reinstatement of FDR’s original Glass-Steagall Act, separating commercial banking activities from investment banking. The bill was introduced with 26 co-sponsors.read more
Glass-Steagall Prevents the Casino Gambling of the Banksters who are causing Recessions and Depressions. In the Movie The Big Short Brad Pitt shows how Wall Street caused the 2008 collapse and every 1% hike in unemployment led to 40,000 deaths! This is SHOCKING! Wall Street has no regard for human life. They must be firewalled away from our savings and bank accounts ASAP!