Robert Reich: Hillary, Bernie, and the Banks

[portlander23]

Robert Reich: Hillary, Bernie, and the Banks

Giant Wall Street banks continue to threaten the wellbeing of millions of Americans, but what to do?

Bernie Sanders says break them up and resurrect the Glass-Steagall Act that once separated investment from commercial banking.

Hillary Clinton says charge them a bit more and oversee them more carefully.

Wall Street is on the road to another crisis.

But rather than prevent this by breaking up the big banks and resurrecting Glass-Steagall, Hillary Clinton is taking a more cautious approach.

The only way to contain the Street’s excesses is with reforms so big, bold, and public they can’t be watered down – busting up the biggest banks and resurrecting Glass-Steagall.

Related:

Paula Dwyer: Clinton's plan on Wall Street protects husband's legacy

Sirota and Perez: Hillary Clinton's Wall Street Policy Being Shaped By Two Bankers

Yahoo Politics: Hillary Clinton doesn’t support revival of Glass-Steagall Act

Democracy Now!: Robert Reich on Glass-Steagall and Bernie Sanders

Clinton: Cooperation, not speeches, is needed to regulate Wall Street

[hifiguy]

1. Reich is not alone in his analysis.

http://www.theatlantic.com/business/archive/2015/10/hillary-clintons-wall-street-plan/409873/

[Motown_Johnny]

2. But the Banks donate to Hillary so that she can buy the election,

or at least try to buy the election.


The system is rigged and Hillary is part of the problem. She will never be part of the solution.

[MrMickeysMom]

3. We are about to find out for real that money does not = power...

I welcome Wall Street's hate!

I'll accept that RIGHT ALONG with the new paradigm as to why it's important to behave like a REAL human being.