Glass Steagall vs religions' right to do evil in good consciconsciencness
It's easter and I had to get something in about evil religions that
evil us to so call good us.
If a god can't make us good, it could have as as a second best gift,
created a good reality to punish us in, with a love organ, not a sex
organ. But what fun would goodness be to a god then. Not much!
Hmmm, what does that say about a god????
Also this way, my posts weed out the useless investors who think
currency is money and not whatever in the universe is using to create
everything around us, to I guess evil us in order to good us. Meaning
getting back to where we should have been in the first place. A good
reality god punishes us in, with a love organ not a sex organ.
Perhaps we can subpoena god to bring it to trial, once we develop
or allow post planck (quantum) and post einstein (relativity), science,
ie tesla's. And contact all earth type and other exotic aliens, planets,
in the 2 trillion and counting galaxies in the universe. Then create a
class action lawsuit against god. Where hopefully all together, we are
now strong enough to enforce the subpoena.
Simple eh????
Something to do with - god is one and the many, and the many just got
strong enough to bring god devil $$$$hole being to justice.
So far 113 currency investors have me on ignore, and the last thing I
want to do is interfere with their currency greed fest and understanding
of existence. Nor interfere with their DUPING jesus and religious
understanding about everything.
The glass steagall act was enacted before FDR got into power. Maybe
if he had concentrated on that, (more or less like he said he would),
instead of back tracking to Hoover's socialism position. And slowly
enacted the new deal policies, instead of saying they were the answer
to the 1929 and other crashes, (when it was really the 1932/33 glass
steagall act), there wouldn't have been the mess, wars and continual
financial volatility that followed.
That's asking alot when god wants to evil us in order to good us. I
guess.
From
'Ex-Goldman Trump Advisor Drops Glass-Steagall Bombshell'
by Wolf Richter
https://wolfstreet.com/2017/04/06/chances-of-new-glass-steagall-act/ "After the Glass-Steagall Act was repealed in 1999, it took only eight
years of banking-free-for-all, huge mergers, and all kinds of risk-taking
for these banks to grow from regional banks to global government-
backed hedge funds and collapse under their own recklessness. The
subsequent bailouts from the Fed of the banking system and of the
biggest owners of financial and other assets have ruined the functioning
of the US economy.
A new version of Glass-Steagall would likely separate in some manner
commercial banking – taking deposits and making loans – from
investment banking and hedge fund activities. It would remove much of
the risk from today’s government-backed banks, such as derivatives and
other instruments that were heavily involved in the Financial Crisis.
Without these hedge-fund and investment-banking activities, even large
banks would be much smaller, much less interconnected, and could be
allowed to fail without bailouts and without risking the entire global
financial system."
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(This is comical from the same artical, considering the that
two parties in 1999 endorsed repealing the glass-steagall
act. Proving both parties are bought and paid for by currency,
the wrong currency type.)
"Cohn’s comments parallel language in the official party platforms of
both Republicans and Democrats during the campaign. The Republican
Platform 2016 said tersely:
We support reinstating the Glass-Steagall Act of 1933 which prohibits
commercial banks from engaging in high-risk investment.
“Sensible regulations can be compatible with a vibrant economy….”
The Democratic Platform was more detailed. After claiming Democrats
“will not hesitate” to “downsize or break apart financial institutions,” it
added:
Banks should not be able to gamble with taxpayers’ deposits or pose
an undue risk to Main Street. Democrats support a variety of ways to stop
this from happening, including an updated and modernized version of
Glass-Steagall and breaking up too-big-to-fail financial institutions that
pose a systemic risk to the stability of our economy."