The latest betrayal of liberals and the public by Obama - Glass-Steagall

[Vic]

That is one of the dumbest f'n posts I have ever read.

Too bad for you then that it was pretty much spot-on.

 

[Vic]

Except that the modern United States liberals have almost nothing in common with classical liberalism.

Nonsense. Liberalism is alive and well in America, and the prominent political movement still. There's just liberal progressives (aka 'liburals') and liberal conservatives. And more besides. Even the 'betrayal of liberals' the OP is complaining about is just another variant of liberalism, neoliberalism.

 

[Tab]

That is one of the dumbest f'n posts I have ever read.

And you're on the dumbest posters of all AT P&N, who could have guess you would have reached such a conclusion?

 

[Zebo]

Glass-Steagall has got to be the most overblown piece of legislation in history.

Thought provoking!

And wrong. Having no GS is like giving crack addicts and welfare queens control of our economy, literally. Investment banks speculate vs. commercial banks must invest in reasonably proven productive capacity. The later is being eliminated and/or enveloped into the former.

 

[Robor]

Welcome to the club
I, too, would like to see the reinstatement of GS.

At this point who doesn't? The only people who don't want it are those profiting (exploiting?) from it not being there.