James Galbraith remarks
…distinguished former Senator Phil Gramm. I’d cite specifically the repeal of the Glass-Steagall Act—the Gramm-Leach-Bliley Act—in 1999, after which it took less than a decade to reproduce all the pathologies…
…distinguished former Senator Phil Gramm. I’d cite specifically the repeal of the Glass-Steagall Act—the Gramm-Leach-Bliley Act—in 1999, after which it took less than a decade to reproduce all the pathologies…
…the 1990’s, removed the Glass-Steagall Act’s restrictions on mixing commercial and investment banking. In the days of fixed commissions, investment banks could make a comfortable living booking stock trades. Deregulation…
…this practice, and the ensuing collapse when so much of the paper went bad, that led Congress to enact the Glass-Steagall Act, requiring bankers to decide either to be commercial…
…considered a charitable thing to do. I have posted that things have changed. We make money differently today. The article notes: The Glass-Steagall Act of 1933 outlawed the mix, blaming…
…and therefore, necessarily, both are extremists. And equally so, since they both rose dramatically in their party’s polls during the same short period of time. Yup, reinstituting the Glass-Steagall Act…
…to dabble in the market place. If you have forgotten here is a refresher; 4um: “Glass-Steagall Act creates new banking landscape” (freedom4um.com) and here: “What Barack Obama Needs to Know…
…failure to construct needed additions to existing infrastructure. Some of them should have feared the repeal of the Depression-era banking-regulation laws, such as the Glass-Steagall act, when it might have…
…federal deregulation—of the banking system. Specifically, the disastrous repeal of the Glass-Steagall Act. And mention the incessant Republican push to repeal the Dodd-Frank bank-regulation law, and their fight against instituting…
Would you believe one fourth full ? No how about one tenth full ? How about not as dry as the Sahara desert ? Recently I asked the question. Keynes…
…physicians what they already k new, Depakote was a very valuable medication for “off-label” (unapproved uses). In the irony department, prescribing and administering Depakote for off-label uses is legal, and…