Elizabeth Warren for President! This is LONG OVERDUE!!! "The new - TopicsExpress



          

Elizabeth Warren for President! This is LONG OVERDUE!!! "The new Glass-Steagall Act will make it so banks cannot gamble with derivatives using depositor’s money, as they do today. Currently, depositors at banks like Chase, Bank of America, or Citi implicitly use their money to help these banks make amplified bets that have the potential to cause another global meltdown. Reintroducing Glass-Steagall will make it so depositor’s money cannot be used for the derivatives market. This would be a major step toward restoring sanity to Wall Street." For more on why it’s important to restore Glass-Steagall, see this compilation video that shows expert after expert calling to restore it:
Posted on: Fri, 12 Jul 2013 04:40:18 +0000

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