Forum Post: Glass Steagall Act
Posted 12 years ago on Oct. 7, 2011, 3:22 p.m. EST by ashley520
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This content is user submitted and not an official statement
The main problem with Wall Street is that Congress repealed the Glass Steagall Act, which kept banking and investing separate. Because we no longer have a separation between banking and investing we have financial chaos. America must reinstate the Glass Steagall Act.
GS is one more thing to add to the list of goals. That said, I think it would be very telling to see which members voted for the repeal, and if they are still in Congress.
This has to be a goal if we really want to make a change.
Add this to the "official demand" list, take out silly things like "free education" and "guaranteed income."
Let's get real here.
Seconded.