you may recall a worldwide depression in the 1930s. congress passed the Glass-Steagall Act in 1933 to prevent the shady practices that led to that financial crisis.
action 1024 news opinion minute
you may not recall that the Gramm-Leach-Bliley Act of 1999 demolished the protections of the 1933 law. this in turn led to the recent collapse of major investment firms and the current mortgage crisis.
action 1024 news opinion minute
one of the sponsors of the 1999 bill (and a mccain advisor) noted more than once that, if we don't like the results of it, we are "whiners".
thanks, phil.
next time we
need wise and
compassionate
financial advice,
we'll call you
first.
action 1024 news opinion minute
Post this bitstrip:
(close)
You must publish your strip before embedding/posting it
Flag this Strip:
(close)
Please sign up to flag this comic.
|
|
|
|
Put this Bitstrip on a product:
 Shirts
|
Mugs
|
Coasters
|
Playing Cards
|
Prints
|
|
|
|
|
|
|
2 comments
Add a comment
Good stuff.
Sep 15, '08
Love your stuff Vi!
Sep 14, '08