The Democratic Party Platform Drafting Meeting concluded on Saturday. Looks like the banksters are facing some problems if the democrats get in now. They seem to have adopted a change of attitude on banks. Looks like Glass-Steagall could make some form of come back. Thank God. That's if another banking crisis doesn't hit before they can break them apart. Eshmun
Wall Street Reform: The Democratic Platform will make clear that Wall Street cannot be an island unto itself, gambling trillions in risky financial instruments and making huge profits, all the while thinking that taxpayers will be there to bail them out again. The draft calls for defending and expanding Dodd-Frank. The Clinton and Sanders teams brought forward an amendment for an updated and modernized version of Glass-Steagall and breaking up too big to fail financial institutions that pose a systemic risk to the stability of our economy, which the Committee unanimously adopted.
