Bring back the Glass-Steagall Act and move your money

[merrill]

During the 20th century, there were several periods lasting more than ten years when the return on stocks was negative.

After the Dow Jones stock index went down by over 75% between 1929 and 1933, the Dow did not return to its 1929 level until 1953.

Social Security Q&A | Dollars & Sense

there were not long periods where the Markets went down. When they crash it happens fast, and then those left with any money can take advantage of the Crash and get very low prices on stocks.

can you prove dollars and sense wrong?

 

[snjmom]

The meltdown was caused by the Fed's too-low rate policy that made it very profitable to make mortgages, package them, and sell the packages to investors, especially the Chinese.

Holy cheese-sticks, I agree with the Rabbi! Glad we won't see any of that blame it on the CRA loans crapola from ya.

And Glass-Steagall is moot since the traditional investment banks committed suicide in 2008 and accepted commercial bank regulatory measures. Investment Banks, R.I.P.