Glass-Steagall Act & Sovereign National Banking Must Be Restored

Glass-Steagall protected us from economic disaster for 50-odd years, allowing banks to either invest or save, but not both. In less than a decade after its repeal, wild speculation and outright scamming had created another bubble, the one that burst in 2007. Financial institutions hold and, in too steep a degree, control the wealth, savings, retirement and dreams of American citizens. They cannot be trusted to simply do as they flippantly see fit with your money or mine. Regulate the hell out of 'em. Glass-Steagall should be restored.

Lyndon LaRouche ~ Glass-Steagall Act Constitutional Battle

Lyndon LaRouche's August 23. 2013 Webcast



 Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act

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