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The Real Deal

By       Message Domp Filanowski       (Page 1 of 3 pages)     Permalink    (# of views)   2 comments

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opednews.com H3'ed 10/10/16

Author 506833
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The Real Deal

Following the precedent set by the Square Deal and the New Deal, the Real Deal consists of the 3 B's.

BREAK UP * BRING BACK * BUILD UP

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*BREAK UP the monopolies, Big Banks, and Wall Street sovereignty...

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...by restoring government regulations on Big Business, removing tax loopholes that benefit only the wealthiest of Americans, and restoring a more progressive federal tax code.

...by reinstating Glass-Steagall, a regulatory firewall between investment and commercial banking. Passed in the wake of the Great Depression, much of Glass-Steagall was repealed in 1999 (GLBA), which significantly contributed to the severity of the 2008 financial crisis.

...by taxing Wall Street speculation to discourage short-term gambling and promote long-term investing.

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*BRING BACK the middle class, social justice, and a sense of global stability...

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