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Paul Craig Roberts Warns "Without Glass-Steagall, America Will Fail"

Authored by Paul Craig Roberts,

For 66 years the Glass-Steagall act reduced the risks in the banking system. Eight years after the act was repealed, the banking system blew up threatening the international economy. US taxpayers were forced to come up with $750 billion dollars, a sum much larger than the Pentagon’s budget, in order to bail out the banks. This huge sum was insufficient to do the job. The Federal Reserve had to step in and expand its balance sheet by $4 trillion in order to protect the solvency of banks declared “too big to fail.”

Report: Russia Hacked 39 States During Election; Zero Evidence Provided

This is wonderful. We're moving past the stage of Russian hacking into John Podesta's email account, since it has garnered very little traction. Plus, no one can actually prove that the Wikileaks changed votes, just innuendo. All of the 'collusion' the deep state and the left have been trying to pin on Trump just got blown up during Comey's testimony, most likely thanks to Trump's mention of the possibility of tapes. Had Trump not done that, there is a very good chance that Comey would've went all the way with his lies.

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