Tuesday, January 17, 2012

Call Your Congressman!   A new bill in the House, HR 1489, would restore the Glass-Steagall Act that mandated the separation of deposit banks from investment houses.  For decades it kept banksters from using piles of deposits to gamble on stocks.  Repealed in the Clinton years, many think its absence was a major cause of the unpleasantness of 2008.  Call your congressman and tell him you want him to cosponsor HR 1489.  The capitol switchboard is at 202-224-3121.

No comments:

Post a Comment