If Government Won't Break Up the Giant Banks, Let's Do It Ourselves

If the government isn't doing anything to fix this dangerous situation, we'll have to do it ourselves.

As a start, if Congress won't reimplement the Glass-Steagall Act (the Depression-era law which previously separated depository functions from speculative investing), let's manually separate these two types of businesses.

How?

Simple: let's pull our money out of the too big to fails and put it into small community banks and credit unions.

The giant banks may still make bucketloads of cash on their casino style speculative gambling (for now, at least), but after we've moved our deposits to more responsible, smaller banks which don't gamble as much, then we will have manually separated depository banking functions from the giant banks' speculative investing.'

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