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Como sempre a ESQUERDA (Democrats nos States) dá a sua gigantesca contribuição para nos jogar no buraco. Vejam só o que o Democrata Bill Clinton revogou em um de seus mandatos:

Glass–Steagall Act
This article is about the 1933 Act establishing the Federal Deposit Insurance Corporation. For the 1932 Act by the same sponsors, see Glass–Steagall Act of 1932.

Glass–Steagall Act


Full title
An act to provide for the safer and more effective use of the assets of banks, to regulate interbank control, to prevent the undue diversion of funds into speculative operations, and for other purposes.

Colloquial name(s)
Banking Act of 1933
Glass–Steagall Act

Enacted by the
73rd United States Congress

Effective
June 16, 1933

Citations
Pub.L. 73-66

Stat. 48 Stat. 162

Codification
Legislative history

• Introduced in the House of Representatives as H.R. 5661 by Rep. Henry B. Steagall (D-Ala.) on
• Committee consideration by: U.S. House Committee on Banking and Currency
• Signed into law by President Franklin D. Roosevelt on June 16, 1933

Major amendments

Gramm–Leach–Bliley Act
Depository Institutions Deregulation and Monetary Control Act

The Banking Act of 1933, Pub.L. 73-66, 48 Stat. 162, enacted June 16, 1933, was a law that established the Federal Deposit Insurance Corporation (FDIC) in the United States and introduced banking reforms, some of which were designed to control speculation. It is most commonly known as the Glass–Steagall Act, after its legislative sponsors, Senator Carter Glass (D–Va.) and Representative Henry B. Steagall (D–Ala.-3). Some provisions of the Act, such as Regulation Q, which allowed the Federal Reserve to regulate interest rates in savings accounts, were repealed by the Depository Institutions Deregulation and Monetary Control Act of 1980. Provisions that prohibit a bank holding company from owning other financial companies were repealed on November 12, 1999, by the Gramm–Leach–Bliley Act, named after its co-sponsors Phil Gramm (R, Texas), Rep. Jim Leach (R, Iowa), and Rep. Thomas J. Bliley, Jr. (R, Virginia).

The repeal of provisions of the Glass–Steagall Act by the Gramm–Leach–Bliley Act in 1999 effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks. This repeal directly contributed to the severity of the Financial crisis of 2007–2011 by allowing Wall Street investment banking firms to use their depositors' money that was held in the commercial banks.

Source: Wikipedia.

Justiça seja feita: foi um Democrata, Franklin Delano Roosevelt, que sancionou a lei que Bill Clinton deu um jeito de derrubar mais de 60 anos depois de sua aprovação.

Dá para entender a razão do Rio Grande do Sul se dirigir a passos rápidos para o passado? O RS é um antro de esquerdistas.
Viram quem está nos visitando, em Porto Alegre? O protegé de nosso governador: o terrorista italiano. Parece que perdemos totalmente o senso de ridículo. E, para completar, na semana que vem a turminha da tia Di vai a Cuba. Pode???

STOP THE WORLD. I WANT TO GET OFF.

Dixi.

 

Roberto Henry Ebelt é professor, escritor, produz uma coluna semanal para o Jornal do Comércio de Porto Alegre deste 2001 e é diretor do curso HENRY'S BUSINESS ENGLISH desde 1971.

Seu mais recente livro, O QUE VOCÊ DEVE SABER ANTES DE ESTUDAR INGLÊS, pode ser encontrado nas livrarias Disal, Cultura e SBS ou à rua Hoffmann, 728 em Porto Alegre.

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