The Truth About Glass-Steagall

in economy •  8 years ago 

James Corbett again doing another brilliant piece, this time focusing his energies on how much we all know, OR THINK WE KNOW about Glass-Steagall. Even for those who may have not heard of this, James's outline is very worthwhile listening to. There has been a LOT of talk about reintroducing the Glass-Steagall Act to separate the commercial banks from the investment banks so that if another crisis such as 2008 were to (WHEN) happen, the banks would be found accountable and we "little people" wouldn't be affected. BUT REALLY, the reintroducing of Glass-Steagall wouldn't do anything of the sort!! The left have all got you THINKING that Glass-Steagall WILL HELP...whereas the REAL reason for the crisis in 2008 was the GOVERNMENT and the Housing Department. It's all smoke and mirrors, folks.
This is lengthy, but it makes you think about those "narratives" you "hear" in the so-called MSM and what the politicians say....ALWAYS do your own fact checking.

IF YOU ARE A REAL TRUTH SEEKER, THAN SEEK THE TRUTH YOURSELF!

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