Thursday, October 24, 2013

Janet Yellen on The Glass--Steagall Act

Does Deregulation Cause Global Financial Crises? Janet Yellen on Economic Growth (1998)





The financial sector in the U.S. has evolved a great deal in recent decades, during which there have been some regulatory changes and the creation of new financial products such as the securitization of loan obligations of various sorts and credit default swaps. Among the most important of the regulatory changes was the Gramm-Leach-Bliley Act in 1999, which repealed the parts of the Glass--Steagall Act which had not already been repealed. This 1999 Act took down barriers to competition between traditional banks, investment banks, and insurance companies, in some cases allowing firms to participate in all three markets thus making distinctions between these categories less clear.
Some believe that this deregulation contributed to the U.S. financial crisis of 2007-2009 and the Global financial crisis of 2008-2009. However, others dispute this assertion, and a lively debate on the causes of financial crisis is still under way.

Related legislation
1976 - Hart-Scott-Rodino Antitrust Improvements Act PL 94-435
1977 - Emergency Natural Gas Act PL 95-2
1978 - Airline Deregulation Act PL 95-50
1978 - National Gas Policy Act PL 95-621
1980 - Depository Institutions Deregulation and Monetary Control Act PL 96-221
1980 - Motor Carrier Act PL 96-296
1980 - Regulatory Flexibility Act PL 96-354
1980 - Staggers Rail Act PL 96-448
1982 - Garn--St. Germain Depository Institutions Act PL 97-320
1982 - Bus Regulatory Reform Act PL 97-261
1989 - Natural Gas Wellhead Decontrol Act PL 101-60
1992 - National Energy Policy Act PL 102-486
1996 - Telecommunications Act PL 104-104
1999 - Gramm-Leach-Bliley Act PL 106-102

http://en.wikipedia.org/wiki/Deregula...

Dr. Norman Shealy ~ USA Prepares Radio Show (Commercial Free AUDIO) Wednesday October 23 2013

Guest: Dr. Norman Shealy
- Norm Shealy, MD and Vincent will be talking about Pets Dying from Pet Treats From China, bypass surgery concerns, and TV's foul language spreading to the viewer.
Date: 10/23/2013
Host: Vincent Finelli http://www.usaprepares.com/
"Everyone all set? Cocked and locked? Here we go..." That is how Vincent starts every broadcast and the same energy is applied to the entire hour of his show. "USA Prepares" aims to: dispel incorrect information about eating habits, dangers of food additives, fluoride, chlorine, and fast food joints, medical prevention and cures, survival economics, preparedness and exposing the lies that keep us form being able to prepare, and much, much more. Common guests include: Frank Underhill Dr. Norman Shealy, Jim Marrs, James Wesley Rawles, Larry Pratt, Dr, Shayne, Dr. Richard Alan Miller, Mike Parsons, Roy Birdsong and Maggie Craddock. If you want to know how to buy a farm, raise farm animals, store food, learn the importance of precious metals, or even survive a gunfight, tune into "USA Prepares."


Why Are People Protesting GMOs and Monsanto




In this video Luke Rudkowski interview people at a recent Monsanto protest in NYC. He asks the attendee why they are there, one fact about Monsanto and what they hope happens.
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