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HS 369 - FBF - Why We Need Glass-Steagell Again with Michael Kirsch

HS 369 - FBF - Why We Need Glass-Steagell Again with Michael Kirsch

FromHolistic Survival Show - Economic Crisis


HS 369 - FBF - Why We Need Glass-Steagell Again with Michael Kirsch

FromHolistic Survival Show - Economic Crisis

ratings:
Length:
37 minutes
Released:
Dec 8, 2017
Format:
Podcast episode

Description

Today's Flash Back Friday comes from Episode 144, from May 2013. Eleven out of 50 states have now introduced resolutions into their state legislatures calling on Congress to pass Marcy Kaptur's H.R. 129 to re-instate Glass-Steagall, and South Dakota has become the first state to pass the resolution through both houses. Jason interviews Michael Kirsch of LaRouche PAC about the efforts to reinstate the act. These resolutions have broad bi-partisan support, as the matter or bankruptcy reorganization of the banking system is a matter of national prosperity.  Here is a state by state breakdown of co-sponsors for state resolutions, and national co-sponsors of Kaptur's bill. These were inspired by normal citizens contact their elected representatives with the great need for action, and the more state legislators which can be inspired to put pressure in this way on Congress, the better.  Glass-Steagall will enable the commercial banking system, though with a shrunken but purified capital, to become an agency of a national credit system guided by a chief lending institution for national infrastructure projects and associated industries. Listen for more information at: www.HolisticSurvival.com. Michael has written for a new credit Bank of the United States to lend for national industry and agriculture, modeled on the system of public credit of Alexander Hamilton, Mathew Carey, and John Quincy Adams, and Roosevelt's Reconstruction Finance Corporation's industrial loans. A video presentation of the history is available. It would broaden and define the guiding boundaries of the economy as a permanent coordinating agency for credit agreements, rather than serve as a special emergency institution.
Released:
Dec 8, 2017
Format:
Podcast episode

Titles in the series (100)

Holistic Survival is about being prepared for modern survival with simple, realistic steps everyone can take to make the world a better place. It's about turning problems into possibilities. It's about stability and community and equipping, fortifying, perfecting, providing, and securing peace of mind. It's about self-reliance and personal responsibility. Who is behind The Holistic Survival Show? The name Jason Hartman has become synonymous with exposing the rigged game on Wall Street and guiding thousands of grateful investors to create wealth that lasts with income producing property investments in diverse geographical markets. More than two decades of phenomenon ally successful personal real estate success went into The Complete Solution For Real Estate Investors™, the blueprint Jason created to help people make the transition from the losing stocks, bonds, and mutual funds game to the winning property ownership game. You can learn more about Jason's company, Platinum Properties Investor Network, and his method at http://www.JasonHartman.com.