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Issues-Advocacy 5/9/2012 at 12:21 PM EDT

Reinstating the Glass-Steagall

By Kevin Anthony Stoda 6 comments

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Reinstating the Glass-Steagall

Robert Reich has stated, "[O]nce...Glass-Steagall was repealed, it allowed investment banks, the casino of Wall Street, to invade commercial banks and commercial deposits, and it allowed investment bankers to utilize commercial deposits for, essentially, gambling... And that, combined with these investment banks going public, becoming publicly held companies, really opened the floodgates to an era of even greater casino capitalism than we had before.

We've got to resurrect Glass-Steagall."

Do you agree that this is an essential and necessary step for America now?

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KEVIN STODA-has been blessed to have either traveled in or worked in nearly 100 countries on five continents over the past two and a half decades.--He sees himself as a peace educator and have been-- a promoter of good economic and social development--making-him an enemy of my homelands humongous DEFENSE SPENDING and its focus on using weapons to try and solve global (more...)

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