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Clinton Defends Big Banks & Repeal of Glass Steagall
Posted on January 6, 2016 by Martin Armstrong
Hillary’s big money comes from NY bankers. Guess what; Hillary is defending the bankers as sis her husband. Hillary claims she would endorse an approach that would break up large banks if they take excessive risks. That is very vague. However, Hillary has also stated bluntly that reinstating Glass-Steagall would not address the types of institutions that have risen since the law was written in the 1930s. It was Goldman Sachs and the birth of Transactional Banking that the Clinton’s championed not to mention she and Bill made student loans non-dischargeable in bankruptcy. It was the Clintons who also opened the door which led to the housing bubble in 2007 wiping out the middle class. Nobody calls her out on this shit showing how biased the press really is these days (not the journalists as much as the editors)..
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