Stop the Swindles Run by the Fed and the "Too Big to Fail Banks" -- Restore Glass Steagall Bank Regulation!

As we enter into a period of hyperinflation, which will steal the life's work of middle-class families, while shutting down more industries and businesses than a year of lock-downs has, why not learn from the past?  The 1933 Glass Steagall bill reined in bank and financial speculation, by defending commercial banks and their depositors, while forcing the speculators in investment banks to eat their own losses.  Today's varieties of speculative bubbles have created debt many times larger than world GDP -- these debts can never be paid off, but the central banks continue to pump liquidity into the bubbles, while cutting off credit to good producers, dooming the manufacturing, agriculture and trade sectors, all to be enforced by a global central banker's dictatorship.  Learn how restoring Glass Steagall can put an end to the bubble economy, and send the swindlers in the banks and shadow banking system, who keep producing new, bigger bubbles for their personal profit, to jail. 

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  • Stephen P Kaylor
    commented 2021-06-10 16:06:13 -0400
    The Reenactment of Glass-Steagall must be global – since $5 trillion changes hands everyday via speculative instruments like Derivatives. The Act would then freeze $2 thousand trillion of gambled-up claims – which would ruin the Davos billionaires, while constituting Due Process against them. / The leaders of the P-5 nations + other concordant leaders must also be constructing a New Bretton Woods credit architecture. This would subsume Glass-Steagall, and make credit available for the construction of hospitals + great infrastructure projects here & abroad. We could employ millions in constructing works – that would bring vast amounts of water from western Canada into the SW + CA. There would then be water for new farms, and 100 nuplex cities, interconnected by MagLev High Speed Rail. NASA modeled science drivers would fund the invention of Fusion Power & industrialization of the moon, while training scientific cadre for an Economic and Cultural Paradigm Shift !
  • Malene Robinson
    published this page in Harley Updates 2021-06-10 14:39:35 -0400