Purely semantics.
Mark Fox
1

Glass-Steagall prevented a banking collapse from 1932 to 1999 (67 years!)

The repeal of Glass-Steagall (1999) by the Clinton Administration is the primary cause of the 2008 banking collapse and subsequent bailouts.

Capitalism does not endorse this view that 5 large banks should control more than half of the banking industry. I do not support this.

Democrats and Republicans support this because the banking industry pays $300,000 speaking fees. Capitalism is not the problem. America has a political problem.

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