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.

* THIS PAGE IS STILL UNDER CONSTRUCTION *

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."