{"id":184590,"date":"2010-01-14T05:49:18","date_gmt":"2010-01-14T10:49:18","guid":{"rendered":"http:\/\/nw0.eu\/2010\/01\/14\/if-government-wont-break-up-the-giant-banks-lets-do-it-ourselves.html"},"modified":"2010-01-14T05:49:18","modified_gmt":"2010-01-14T10:49:18","slug":"if-government-won%e2%80%99t-break-up-the-giant-banks-let%e2%80%99s-do-it-ourselves","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/184590","title":{"rendered":"If Government Won\u2019t Break Up the Giant Banks, Let\u2019s Do It Ourselves"},"content":{"rendered":"

‘If the government isn’t doing anything to fix this dangerous situation, we’ll have to do it ourselves. <\/font>As
\na start, if Congress won’t reimplement the Glass-Steagall Act (the
\nDepression-era law which previously separated depository functions from
\nspeculative investing), let’s manually separate these two types of
\nbusinesses. <\/font>How?<\/font><\/p>\n

\n<\/div>\n

Simple: let’s pull our money out of the too big to fails and put it into small community banks and credit unions. <\/font>The
\ngiant banks may still make bucketloads of cash on their casino style
\nspeculative gambling (for now, at least), but after we’ve moved our
\ndeposits to more responsible, smaller banks which don’t gamble as much,
\nthen we will have manually separated depository banking functions from
\nthe giant banks’ speculative investing.’<\/font><\/p>\n

\n<\/div>\n

Read more…<\/a><\/font><\/p>\n

<\/div>\n

Book Mark it-><\/b> del.icio.us<\/a> | Reddit<\/a> | Slashdot<\/a> | Digg<\/a> | Facebook<\/a> | Technorati<\/a> | Google<\/a> | StumbleUpon<\/a> | Window Live<\/a> | Tailrank<\/a> | Furl<\/a> | Netscape<\/a> | Yahoo<\/a> | BlinkList<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

‘If the government isn’t doing anything to fix this dangerous situation, we’ll have to do it ourselves. As a start, if Congress won’t reimplement the Glass-Steagall Act (the Depression-era law which previously separated depository functions from speculative investing), let’s manually separate these two types of businesses. How? Simple: let’s pull our money out of the […]<\/p>\n","protected":false},"author":2604,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-184590","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/184590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2604"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=184590"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/184590\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=184590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=184590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=184590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}