Opinion of the Glass-Steagall Act (user search)
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  Opinion of the Glass-Steagall Act (search mode)
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Freedom Legislation
 
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Horrible Legislation
 
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Total Voters: 40

Author Topic: Opinion of the Glass-Steagall Act  (Read 1719 times)
Insula Dei
belgiansocialist
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Posts: 4,326
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« on: June 11, 2012, 01:01:26 PM »

It's easy to say FL in hindsight, but we shouldn't pretend it was obviously a bad idea to repeal it.  There were real economic growth arguments there - it's just the downside was greater than most expected.

Anyone who paid attention to what Senator Dorgan said didn't need hindsight.
Must be nice to be sure you know which prediction to listen to.
I guess all those people who voted for it did so without any thought for its possible effects?

Probably, yeah.
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