re: Happy 4th anniversary to those who celebrate “two weeks to stop the spread”

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Repealing glass stegal and other banking regulations, etc

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When I worked at a large bank used by hundreds of thousands, if not millions of vets, Glass Steagal was being repealed. And yet the legal department kept hard copies of banking regulations at the front of their office. Tens of thousands of pages, stacked in multiple piles of 5' or more. So, yeah, de-regulated.

But ask thyself, did this impact the County Credit Union, or did it impact Goldman, Citi, Chase, and other major (D) donors? It surely didn't *prevent* 2008, so...?

I am of the belief that any law that was passed more than 10 years ago should have to be explicitly re-authorized. What a law passed in 1933 should have bearing on in the 21st century should be close to zero. You love Dodd-Frank? Who wrote that bill?

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By June 16, 1933, President Franklin D. Roosevelt signed the Glass-Steagall Act into law as part of a series of measures adopted during his first 100 days to restore the country’s economy and trust in its banking systems.

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Ok, awesome, the Great Depression only lasted how many more years? Mission accomplished?