During the great depression in the 1930's, a law was created to separate regular banks and investment banks. The law was called Glass/Steagall Act.
Regular Bank exists for the lower and middle class to have savings accounts and checking accounts and to create pure safety of societal economics.
Investment Banks exist for pure speculation and gambling on a massive large scale. You can go to vegas and bet on a football game. You can go to investment banks and bet on a company. Its the exact same.
In the 1930's, banks were taking people's savings, and investing in companies and real estate with pure greed in mind. It created a Bubble, where investments were being taken because an underlying assumption that they were safe. In reality they weren't and we got the great depression. So Glass-Steagall Act forced investment banks to be separate from regular banks.
In 1999 Glass-Steagall act was removed because of Greed. Why do Cars have brakes? You might say "to stop" but really its to slow down. With Capitalism we get innovation which is good for society, but we also have greed, which is very dangerous. Brakes are there to allow cars to slow down, and keep us in a
If you're too big to fail, you're too fucking big. You're fat and bloated like a 1200-pound American gorging himself on hamburgers and pizza. You don't need plastic surgery(legislation) you need education.
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