We can thank the neoliberal policies of Bill Clinton for the repeal of important consumer protections like Glass-Steagall. #Bernie2020
Glass-Steagall separates commercial and investment banking, protecting consumers from risky Wall Street investments. It should be restored.
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Even many libertarians want to re-enact Glass Steagal. Shame on the Clintons! Shame!
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It is time to
#DraftTulsiThanks. Twitter will use this to make your timeline better. UndoUndo
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It does nothing but add regulations... take some time and understand the real reason for the crash in 08
@BobMurphyEcon@ThomasEWoods -
It does nothing but protect consumers from money-hungry Wall Street investors. How terrible.
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Restore it & make it tougher
@SenSanders@POTUS@SpeakerRyan w/ prison sentences for banks & Wall St firms that commit crimes @NancyPelosiThanks. Twitter will use this to make your timeline better. UndoUndo
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Remember it was taken away by Clinton 1 of the reasons ppl don't trust we've been screwed 2 many X's by both parties
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Wall Street is a big part of the problem in PR!https://twitter.com/leecamp/status/914307126184390656 …
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It should NEVER have been repealed to begin with.
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IIRC, there're no investment banks left standing anymore. They all changed status to merchant banks after the 2008 crash.
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They changed their status not their banking practices
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It should be, which is why it won't be, sadly.
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Not just restored, but strengthened in light of what we've been through.
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What is risky about Wall Street investments? If they go belly up, our congressmen & senators come to their rescue and bail them out.
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It’s unfortunate that you are one of few leaders talking about this.
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Bank deregulation was started by Reagan. Continued by Bush 41. Glass-Steagall finally killed by Bill Clinton in 1999.
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That's a start. Then nationalize the banks and spin them off as democratically controlled credit unions.
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