Thursday, April 21, 2011

Glass-Steagall Reintroduced (Basically) - HR.1489

The Market Ticker
Posted 2011-04-14
by Karl Denninger

Time to hold people's feet to the fire - especially Tea Party claimants.

To repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called ‘‘Glass-Steagall Act’’, and for other purposes.

EXXXXCELLENT.

CALL YOUR CRITTERS AND DEMAND A PUBLIC POSITION STATEMENT ON THIS BILL. IF THEY WON'T CO-SPONSOR AND PUSH IT, USE THE WORDS: "YOU'RE FIRED!"

H.R. 1489 - Introduced-in-House - United States Congress via MyGov365.com

H.R. 1489 - Introduced-in-House - United States Congress via MyGov365.com

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