Sunday, August 4, 2013

Bill Black: The Right Should Support the Return of Glass-Steagall

Bill Black: Glass-Steagall prevented a classic conflict of interest that any side of the aisle can blatantly see , Why the Right Should Support the Return of Glass-Steagall




The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of how exporting the manufacturing industry to poor countries like bangladesh actually costs more and not less , and how Obama is leading us to more austerity and that austerity is a disaster , Bill Black is the author of "The Best Way To Rob a Bank is to Own One"


2 comments:

  1. If you get inside some of these govorations,you'll find they are penny smart and dollar dumb - especially when innovating hastily for their own greed. Any member with skills or vision loses touch and begins to make his imagination his reality. The rest depend on superior talent at low pay rates. We have an unsubstantiated primal instinct what looks like us will help us survive. What does not is against us. So what you said about multiculturalism being a stressor to some is probably true. But it is mainly because we have neglected to look at ourselves as a species. It gets overlooked in the dichotomy of gods and subjects - which due to repetition we begin applying to ourselves. But at the end of the day if we cannot organize this 9 billion person family into a 160 sq ft apt as a functioning unit we only have ourselves and each other to blame. I think if we solve every little issue with the most efficient solution we will be further advanced for having done so.

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  2. If McCain is behind this, it can only mean that the Global Elite wants this to happen. Given that, I have full expectation that this will pass and this is the smoking gun that will implode the Derivative Market. I am so glad I'm buying silver!

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