I thought I would try to make this as simple as possible: Here is my take on understanding the current financial crisis. All you need to understand is the history (and eventual repeal) of the Glass-Steagall and Bank Holding Company Acts.
Following the 1929 stock market crash, historic legislation called the Glass-Steagall Act was signed […]
Entries from December 2008
What caused the financial crisis? Repealing the Glass Steagall and the Bank Holding Company Acts
December 11th, 2008 · 2 Comments
R.I.P. Posse Comitatus - 3rd Infantry Division Deployed Domestically
December 2nd, 2008 · No Comments
This is something I thought you should be aware of…
The Posse Comitatus Act is intended to prevent the government from being able to use the federal army for domestic security. The Posse Comitatus Act is why you don’t see tanks rolling down Main Street.
Constitutionally, and through legislation, state and local governments are responsible […]