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Re: wamuvoodoo post# 340131

Saturday, 10/15/2011 2:02:17 PM

Saturday, October 15, 2011 2:02:17 PM

Post# of 734224
thanks be to you and the others here who speak plainly and do not mislead people. much respect over the last three years to you and other stalwarts here. my eternal thanks.

that said, i will spread the word on WAMU to my fellow citizens. i will also spread the word about the money supply, fiat currencies, social imbalances, and importantly, regulation of hedge funds and a reinstatement of the Glass-Steagall Act

"The repeal of provisions of the Glass–Steagall Act of 1933 by the Gramm–Leach–Bliley Act effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks. This repeal directly contributed to the severity of the Financial crisis of 2007–2011 by allowing Wall Street investment banking firms to gamble with their depositors' money that was held in commercial banks owned or created by the investment firms."

http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act

i will report back re: occupie, thx
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