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You searched for: label/Glass Steagall

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…

Never let an Economist use "Unintended Consequences" Again

…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…

Crunch time ahead?

…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…

What’s old is New Again

…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…

There’s a Palpable Fear Amongst Kansans, All Across That State, That the Farm Subsidy Levels They Love, and Cherish, and Honor, Will Be Reduced or that the Program Will Be Eliminated. (Or, in light of their senior senator’s comments earlier this week, there should be.)

…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…

Jeb Bush discovers a hypothetical he’s willing to address—and assures us that he, unlike Obama, would have ensured a second Great Depression. Jeb for President!

…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…