The Need for Glass-Steagall
source: http://www.politicsplus.org/blog/2012/01/30/the-need-for-glass-steagall/
-
-
- TomCat1948
- added this
I remember saying, over and over again, during the Bush Regime, that we had such fond memories of Bill Clinton,k only because he benefited from comparison to his successor, the worst President in US history. If fact, Clinton was the most conservative Democratic president in my lifetime, that goes back to Harry Truman. In my opinion, his worst policy was to support the removal of Glass-Steagall, the law that separated commercial banks and investment banks. One Democrat led the unsuccessful fight to prevent that and continues to lead the fight to restore it. He talked to Bill Moyers.
