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frankkarl
Member since May 2012
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Andy, regarding Glass Stegall, the Schmellnick Banksters are repenting of late. Seems they may be changing their minds. But don`t be fooled. They would gladly have their casinos dismantled ( under the guise of law ) so as to separate the old Glass Stegall banks from their post GS derivative pits. They want a new law giving them their failed banks back. Opps, a do over. Then they will take credit for saving the banking system through their schmedia. They won`t care what happens with the derivatives pit but rest assured the counter party risk will be left in some shell somewhere. They will figure out how to send us the bill later. Glass Stegall should only be invoked to apply to new banks or banks without casino risk. The others should all be left with the bed they made. So keep in mind, any version of Glass Stegall causing the casinos to dismantle is nothing more than another bankster bailout.

Commented 4277 days ago

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