Glass-Steagall: War On Wall Street

This is a must watch!

UNDER CLINTON, they destroyed the GLASS STEGALL Act which was installed after WWII. What is the GLASS STEGALL act…it said that BANKS could NOT USE DEPOSITIORS money to invest…that deposited money had to be safe…the banks could use the money they EARNED on deposits. They could use their money to invest but could not use their customers money to invest. It had to be protected. Clinton and Summers ( head of the US Treasury at the time) reversed GLASS STEGALL and said that banks could use depositors money to gamble with. As soon as the law was dismantled, Summers runs over and starts CITIBANK where the big derivative market started courtesy of you know who! This was a calculated theft of good hard working Americans money! Summers should be in jail with CLINTON…

Summers is rumored to be replacing BERNANKE! This is NOT GOOD!

Do we need to talk about MF GLOBAL and Corzine? Absolutely NO ACCOUNTABLITY! They STOLE MILLIONS of dollars from private individuals and used it to invest without the permission of those clients! THIS IS ONE OF THE BIGGEST THEFTS EVER IN WALLSTREET

And it is being ignored!!!

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