The Glass-Steagall Act was an effort to reign in banking & financial institutions.


The  bill was sponsored by Senator Carter Glass and Representative Henry B. Steagall

Carter Glass (D) VA and Henry B. Steagall (D) AL

FDR signs the Glass-Steagall Act, June 16, 1933. This was a protection for the country.


Bill Clinton signs Gramm-Leach-Bliley Act, November 12, 1999, killing the Glass-Steagall Act


You have to wonder about the impetus for destroying FDR's protective act on banking. ($$$)


The economic collapse of 2007-2008 was influenced by the destruction of Glass-Steagall.


Like the national fleecing in 1929, the uber-wealthy became much richer because of the crash.





Just Like the Ruby Red Slippers, Ending the Fed is the Only Way to Get Back Home Again


Two quotes stand out from these pictures:  "Like father like son,"  and  "The apple doesn't fall far from the tree."



The Morgan's - JP Sr. & Jr.

The Rockefeller's - JD Sr. & Jr.