Retired Union Workers of America
  • Who We Are
  • Glass-Steagall 2020?
  • 113TH CONGRESS vs RETIRED UNION MEMBERS
  • Kelly's Websites for News
  • Trustees / Fiduciary
  • Pension Smoothig / INFRASTRUCTURE JOBS ??
  • US Gov. Resources for Retirements
  • Pension Resources
  • USDOL - Union Disclosure - NEW
  • SUMMER 2021 Pension News
  • BUTCH LEWIS ACT OF 2021
  • New Page
  • New Page
  • New Page 1

What is Glass Steagall?

AMERICA FOR SALE
It's the law that FDR put in place in 1935 that was the backbone of the New Deal. It stopped the Bankers and Wall Street from robbing the country. The law created a stable financial system so we could have a middle class. NO GLASS-STEAGALL, NO MIDDLE CLASS, NO AMERICA. Citigroup spent over 100 million dollars lobbying the criminals in our government alone, plus who knows what from other banks and financial firms to do away with the Glass - Steagall law, Bill Clinton signed the Gramm-Leach-Bliley act in 1999 to undo Glass - Steagall act. Please check out page 2 of our Glass - Steagall stuff, watch the short movies and learn about why we are in a Great Depression now.
 
 For every job created in the U.S. this decade, companies spent $296,000 buying back stock (2010).  Here's how much QE helped Wall Street steamroll Main Street  How? No Glass - Steagall
If American's want a middle class meaning good jobs for everybody, not part time service jobs with no benefits. We need to fix the financial system first , by reinstating the Glass - Steagall law and putting the BAD GUYS in JAIL. Without a law that's says everybody has to follow the rules, their can be no confidence in the system , who would want to invest in a system that's rigged. That is were we are today and that's why we have no jobs today in our country. If you read the story below on the BRICS Paradigm you will find nobody wants to play with us any more. Without a fair system we will never get good jobs again.
Today March 2020 10 years later the number is way beyond $29 Trillion dollars, after the Coronavirus it well be TRILLIONS more,
today March 2022 say $50 trillion plus. 



MARCH 2018   NO MORE RULES ON WALL STREET or BIG BANKS NOW
NOTHING with the passage of Senate Bill 2155
March 2020 going forward $$$TRILLIONS more
Now in April 2020 the following website is what I think is the most important site to be watching now
Wall Street On Parade
 


LIBOR : HISTORY'S LARGEST FINANCIAL CRIME THAT THE WSJ AND NY TIMES WOULD LIKE YOU TO FORGET / WILLIAM BLACK
4- 24 - 2020  Libor Replacement grinds forward after Virus spotlights flaws
Inverted Totalitarianism America 2015 ? 
3 - 17 -2017
How Bankers became the top Exploiters of the Economy / Michael Hudson
4 - 11 - 2017
Secret recording implicates Bank of England in LIBOR rigging

6 - 8 - 2017
HSBC faces fresh suit alleging FOREX manipulation

Oppose H.R. 10 / freedom for Wall Street - prison for Main Street
Bill to Erase some Dodd - Frank Banking rules passes the US House
6 - 14 - 2017
Without Glass - Steagall America will Fail / Paul Craig Roberts
Breaking up the big Banks might be easier than you think
7 - 11 - 2017
Wall Street and Washington's : A new  Love affair
8 - 4 - 2017
Bank Deregulation Back again (  thanks Trump and Friends )
Republicans move to Repeal Financial rule opposed by Banks / Newsmax
Risk has been Abolished / Covenant - Lite Loans
8 - 27 - 2017
Wells Fargo troubles shift from phony bank accounts to real ones 
9 - 24 - 2017
 GOVERNMENT BY GOLDMAN SACHS            
1 - 21 - 2018
HSBC agrees to pay 4100 million to settle US probe into currency rigging
2 - 22 - 2018
Below Netflix movie trailer called " DIRTY MONEY "  about HSBC and DOPE
Netflix documentary re-examines HSBC's $881 million money laundering scandal
4 - 10 - 2018
THE ECONOMIC IMPACT OF THE BIPARTISAN BANK DEREGULATION BILL

August 2018 :  IS THE LIBERAL ORDER DOOMED BY THE GENERAL WILL ?         super read 
5-18-2020
Let LIBOR survive the virus to die another day

$29,000,000,000,000 Trillion bailout for 2008 to 2010
How much is the bailout going to cost now in 2020?  Anybody know what the next number is past Trillion ?