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2016 Postmortem

rhett o rick

(55,981 posts)

2. This issue isn't real complicated as the Clinton supporters would like us to believe.

Reply to KamaAina (Original post)

Wed Apr 6, 2016, 12:03 AM

Apr 2016

Glass-Steagall was passed for a good reason. Those that like to gamble with investments shouldn't be allowed to gamble with people's deposits unless they so choose. The banks wanted to repeal Glass-Steagall for a reason. Why? Because they knew that they could gamble with depositors money and if they failed, the would get us to bail them out. Clinton would have us believe that the repeal didn't cause any harm, that it is a coincidence that the banks gambled more than they had and we, not Clinton, were forced to bail them out. The banks made trillions from their failures. So why wont they do it all again?

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Why Bernie’s Right About Glass-Steagall [View all] KamaAina Apr 2016 OP

K&R..... daleanime Apr 2016 #1

This issue isn't real complicated as the Clinton supporters would like us to believe. rhett o rick Apr 2016 #2