Thursday, October 29, 2015

Sanders get it, Clinton does not

See this Reich FB post for the video. He said:

"Wall Street's 5 biggest banks had 25 percent of America's bank assets before the "too-big-to-fail" bailout of 2008. Now they have 44 percent -- making them far, far too big to fail. What to do? (1) They need to be broken up. (2) The Glass-Steagall Act that used to separate investment from commercial banking (and which Bill Clinton and congressional Republicans repealed in 1999) must be resurrected. And (3) a small transaction tax should be placed on every financial deal. Bernie gets all this. Hillary doesn't (at least, not yet)."

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