2020-07-10 12:54:06
Was Democracy just sold to Wall street? Richard Wolff joins Thom Hartmann to explain how federal regulators are "mortgaging the country to wall street." He explains the wall that was created as a result of the Great Depression to separate investment banks and consumer banks. This was known as Glass-Steagall. After that was repealed in the 1990s, it lead to the crash of 2008. As a result of that crash, Dodd Frank was instituted. Now, that has been weakened enough to threaten our economy and democracy.
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