Forum Post: Reinstate the act GLASS-STEAGALL....It makes the Wall Street games illegal. We should repeat this endlessly on signs, out loud and to the press

The most effective thing we could chant and display on signs and discuss with the press as a demand is "PASS HR 1489. REINSTATE GLASS-STEAGALL." "Pass the bill 1-4-8-9. If congress acts, our prez will sign." "Pass the bill 1-4-8-9. If congress acts, our prez will sign."

"Reinstate the act GLASS-STEAGALL." "It makes the Wall Street games illegal."

"Reinstate the act GLASS-STEAGALL." "It makes the Wall Street games illegal."

Here's why:

Most people are beginning to conclude that this is the A #1 thing we can do. I had this confirmed earlier when I received a message this evening from someone I know on the inside at one of the big investment banking firms we all know. Here's what he said:

"If you really want to drive the higher ups in my office and others absolutely nuts, start speaking relentlessly about reinstating Glass-Steagall and Congress passing H.R. 1489."

He said if we put this on a ton of signs, talk about it relentlessly to the press, chant it like a mantra, we'll "give the guys on the top floors in the corner offices of these giant investment banking firms a coronary."

http://en.wikipedia.org/wiki/Glass–Steagall_Act --- Wiki entry summary: The repeal of provisions of the Glass–Steagall Act of 1933 by the Gramm–Leach–Bliley Act effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks. Most economists believe this repeal directly contributed to the severity of the Financial crisis of 2007–2011 by allowing Wall Street investment banking firms to gamble with their depositors' money that was held in commercial banks owned or created by the investment firms.

http://www.govtrack.us/congress/bill.xpd?bill=h112-1489

For full list of suggested demands for DC, please click here: https://occupywallst.org/forum/specific-demand-and-action-list-for-washington-dc/