Andy

October 20, 2011

Re-establish and maintain the separation between investment banks and commercial banks.

After the Great Depression every said 'Well that sure sucked-' and they passed the Glass-Steagall Act separating investment banking (aka gambling) from commercial banking (consumers- real people) to reduce the exposure of speculation to consumers. It was repealed during the Clinton era. Maybe after Great Recession we need to put these protections back in place. Sign the petition at WhiteHouse.gov if you agree:

Re-establish and maintain the separation between investment banks and commercial banks.

The Glass-Steagall Act kept our country depression free for over 70 years. By maintaining a separation between investment and banking- it allowed banks to effectively serve their clients needs-…