General Discussion
In reply to the discussion: Glass-Steagall had NOTHING to do with the 2007-08 financial meltdown [View all]KoKo
(84,711 posts)Either.
This is such a PIECE OF CRAP. I'm hoping that the good folks from DU Group SMW will come up here and singe your ears off for this POS post.
Now...I could give you links to articles, books and whole Blogs devoted to talking about what Repeal of Glass-Steagall did in setting up the downfall of our Banks and repercussions that stretched all the way to the Euro-Zone. But, it would take too much time for you to read.
And...since yu give NO Link..to your article ...I will not unleash my treasure trove because it's not worth my time...or probably even the time of the "SMWatchers" here on DU-3 back to DU-2 who have reams and whol libraries full of info about this.
I do think this is some resurrection of thought we hoped had passed on ...given this is a Democratic Website and Dems are supposed to be "For the People" as opposed to the WALL STREET REPUG...MONEY BAGS...