The six step process after Glass-Steagall is re-enacted

[GlassSteagallfan]

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Reenacting Glass-Steagall will mean orchestrating the largest market crash in human history. We present six detailed steps that describe how we will clean up our banking system. Glass-Steagall is not the full recovery, it does not guarantee economic growth, but it is the first step forward--and it will ruin Wall Street.




http://www.youtube.com/watch?v=hOJLWtSfKks


1) Prosecute Wall Street and Eurozone banks' crimes of looting the public

2) End the bank holding company status of Goldman Sachs and Morgan Stanley

3) Enforce ban on banks putting non-qualified securites on their books

4) Enforce prohibition of banks from owning commodities

5) Enforce closure of banks whose parent banks are outside U.S. banking law

6) Break up the largest U.S.-based bank holding companies

six steps drafted by EIR economist Paul Gallagher

Source: Larouchepac.com

[gripreaper]

1) Prosecute Wall Street and Eurozone banks' crimes of looting the public

2) End the bank holding company status of Goldman Sachs and Morgan Stanley

3) Enforce ban on banks putting non-qualified securites on their books

4) Enforce prohibition of banks from owning commodities

5) Enforce closure of banks whose parent banks are outside U.S. banking law

6) Break up the largest U.S.-based bank holding companies

six steps drafted by EIR economist Paul Gallagher

Source: Larouchepac.com

Until currency is returned to an asset based currency indexed to GDP, and circulated without interest to the private Federal Reserve Cartel, sound money cannot be restored.

Until the US emerges from bankruptcy and all assets are released from collateralization, including the hypothication of all of the energy of all of the people and their production, no revamping of a fiat based system will work.

Until governments are no longer paid mercenaries for the private banking cartel, outside the jurisdiction of the organic united states, they cannot be responsible for implementing anything of value.

Until it is okay for people to take allodial title to assets, and retain those assets, then no incentive to revamp a corrupt system exists.