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timlot

(456 posts)
Fri Aug 5, 2016, 04:01 PM Aug 2016

Trump may call for re-instituting Glass Steagall (Breaking up the Banks)

Just herd on Fox Business that Trump will give an economic speech Monday. One of the interesting things he's reported to call for is the re-institution of the Glass Steagall act. Which was a something Bernie Sanders talked about a lot involving separating commercial banking from investment banking. I'm expecting Trump to adopt many "progressive like" positions to blur the policy differences between him and Hillary.

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Trump may call for re-instituting Glass Steagall (Breaking up the Banks) (Original Post) timlot Aug 2016 OP
Trump is going to say a lot of things that he would never follow through with. tonyt53 Aug 2016 #1
Like he'll actually do it sakabatou Aug 2016 #2
Not just Bernie or his supporters. MOST Democrats agree with reinstituting Glass-Steagall. Liberal_Stalwart71 Aug 2016 #3
I agree we should reinstate Glass-Steagall but not break up any banks. nt. Demsrule86 Aug 2016 #16
If it wasn't for the repub congress Glass-Steagall Act would have already happened... asiliveandbreathe Aug 2016 #4
I think this is a pure lie. lark Aug 2016 #5
Of course he's never do it. But that's irrelevant. Chemisse Aug 2016 #6
check out her website sometime. She's not 'weak' on it, Sen Warren doesn't think so either emulatorloo Aug 2016 #9
Breaking up the banks is nonsense and would cause a depression. Demsrule86 Aug 2016 #15
Okay,remember this is a hot button Wellstone ruled Aug 2016 #7
Someone should point out that he's reading a speech he doesn't understand Renew Deal Aug 2016 #8
Trump is a liar Angry Dragon Aug 2016 #10
Maybe he is thinking he is not getting the support of Republicans then Thinkingabout Aug 2016 #11
Trump pivoting to substance BeyondGeography Aug 2016 #12
Trump is taking a tactic out of Bernie's playbook... cynatnite Aug 2016 #13
Right because he snaps his fingers and it is done. Demsrule86 Aug 2016 #14
Yes hes desperate now workinclasszero Aug 2016 #17
He'll be a stiff again. Adrahil Aug 2016 #18
 

Liberal_Stalwart71

(20,450 posts)
3. Not just Bernie or his supporters. MOST Democrats agree with reinstituting Glass-Steagall.
Fri Aug 5, 2016, 04:04 PM
Aug 2016

Trump is full of shit. He's trying to use this issue to drive a wedge between Sanders and Clinton supporters.

It's up to us not to fall for it.

asiliveandbreathe

(8,203 posts)
4. If it wasn't for the repub congress Glass-Steagall Act would have already happened...
Fri Aug 5, 2016, 04:05 PM
Aug 2016

So we have Dodd Frank - oh and Eliz. Warren - words - just words...

lark

(23,102 posts)
5. I think this is a pure lie.
Fri Aug 5, 2016, 04:05 PM
Aug 2016

If it were true, why are 20% of his so called economic council bankers. This is on par with his talk about wages. First he says we have to pay our workers like the folks in China get paid, bring down our costs and everyone can work! Then a little later, he talked about increasing minimum wage and stopping the outsourcing of American jobs. Of course, all of Trumps products are made in other countries besides ours. Everything he does/says is a total contradiction of the thing he said previously. I've never seen anyone lie as much as this jerk does.

Chemisse

(30,813 posts)
6. Of course he's never do it. But that's irrelevant.
Fri Aug 5, 2016, 04:05 PM
Aug 2016

It's something Clinton is weak on.

They must have done that intervention, because he is being a good boy today. He's probably going down the list they gave him.

emulatorloo

(44,130 posts)
9. check out her website sometime. She's not 'weak' on it, Sen Warren doesn't think so either
Fri Aug 5, 2016, 04:17 PM
Aug 2016

Who should I believe? Warren or the bullshit Trump people and/or ill informed BOBs?

Demsrule86

(68,582 posts)
15. Breaking up the banks is nonsense and would cause a depression.
Fri Aug 5, 2016, 04:34 PM
Aug 2016

Millions have their life savings invested or a pension dependent on Wall Street. Clinton would not sign on to a plan that would surely hurt our economy. She is not weak. We should support Democrats by the way.

 

Wellstone ruled

(34,661 posts)
7. Okay,remember this is a hot button
Fri Aug 5, 2016, 04:06 PM
Aug 2016

item with most working Dems. There are millions who still remember the New Years Surprise of 2000. So let's see were this goes. Not going to happen anyway.

Thinkingabout

(30,058 posts)
11. Maybe he is thinking he is not getting the support of Republicans then
Fri Aug 5, 2016, 04:22 PM
Aug 2016

Maybe he will target Sanders supporters. He says he will reinstate Glass Stegall and still asking why he can't use nuclear weapons,
Just like a school yard bully.

cynatnite

(31,011 posts)
13. Trump is taking a tactic out of Bernie's playbook...
Fri Aug 5, 2016, 04:23 PM
Aug 2016

He'll use it to attack Hillary and hopes to lure Bernie supporters. It's nothing but a ploy. Bernie supporters are too smart to fall for it.

Demsrule86

(68,582 posts)
14. Right because he snaps his fingers and it is done.
Fri Aug 5, 2016, 04:31 PM
Aug 2016

What he would do would be to cause a depression and bankrupt the pensions of the middle class.

 

workinclasszero

(28,270 posts)
17. Yes hes desperate now
Fri Aug 5, 2016, 04:35 PM
Aug 2016

He is going to make himself out as FDR and Jesus combined.

With so much compassion for the working man and the poor.

Is anyone really going to buy that shit from hustler Don the con?

 

Adrahil

(13,340 posts)
18. He'll be a stiff again.
Fri Aug 5, 2016, 05:50 PM
Aug 2016

He'll sound stuff and awkward and will fold the first time anyone challenges him. He'll go right back to insults.

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