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Reply #10: So you're OK with Glas-Steagal not being reinstated? [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

MadHound

(1000+ posts) Send PM | Profile | Ignore

Sun Apr-25-10 10:43 AM
Response to Reply #6

10. So you're OK with Glas-Steagal not being reinstated?

You're OK with a financial structure that led to this collapse essentially being left in place so Wall St. can cause more devastation in the future?

There is broad public support for serious financial regulation being passed. There are large Democratic majorities in both houses of Congress. There is a Democrat in the WH. Such serious financial regulation reform could be made into law, Glas-Steagal could be reinstated.

So why aren't our so called leaders pushing such strict regulation?

Oh, yeah, they have to answer to somebody else, and that is not we the people.

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