Mega Bank Monopolies Crashed our economy. Let's not let them crash it again!
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In 1933, FDR Progressive Democrats passed the Glass Steagall Banking Act to prevent bankers from turning our economy into a giant gambling casino. For over 60 years, Glass Steagall protected us from economic disaster. Sadly, in 1999, under pressure from Wall Street bankers who financed their re-election campaigns, Congress repealed Glass Steagall and deregulated banks. It took less than 9 years for casino capitalism to crash our economy and toss more than 10 million families out of their jobs.
realwashingtonstatebudget.info.
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