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Published 8 years ago by spaceghoti with 3 Comments

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  • idlethreat
    +7

    Bernie Sanders says break them up and resurrect the Glass-Steagall Act that once separated investment from commercial banking.

    Amen. The blanks are far too big and powerful to allow them to exist in their current state. It just takes one to trip up and the economy will shatter again just like it did in 2008. We damn near went into a economic Depression. Hell, the Federal interest rates are still shit today.

    Bring back Glass-Steagall, Bernie.

    • Appaloosa
      +3

      It won't be long before you'll have to pay the banks to hold your money. Its already happening in Europe for certain kinds of accounts, and there is a growing under current by certain groups to ban cash...then control is complete. Break them up, break them up, break them up.

      • idlethreat
        +4

        After the 2008 debacle, me and the wife move all of our accounts to a local Credit Union. It was a pain in the ass to move (juggling accounts for a month or two), but it ended up being the right decision. Still is.

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