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The Big Picture: Tame Wall Street with Robert Reich

This is the 4th installment of ‘The Big Picture: 10 Ideas to Save the Economy’ with Robert Reich:

Tame Wall Street

The only sure way to stop excessive risk on Wall Street, so you don’t risk losing your job or your savings or your home, is to put an end to the excessive economic and political power of Wall Street – by busting up the big banks.

— Robert Reich

How to Tame Wall Street

Wall Street devoured you once (2008). Don’t let it happen again.

  • Resurrect the Glass-Steagall Act (it separated investment banks from commercial banks)
  • Put a small federal tax on every Wall Street trade
  • Bust up the big banks!

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‘The Big Picture: 10 Ideas to Save the Economy’ is a collaborative project between Robert Reich and MoveOn.Org.

About the author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She sometimes writes fiction about Chester (the Alpha Bichon) and his friends -- with a dash of humor and dab of Poli-Sci. JoAnn's views and insights are tinted by her past profession in Counseling, Christian theological studies, and Library and Information Science training. Retired now, JoAnn enjoys the creative life.

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