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!

– – – – – – – – – –

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

%d bloggers like this: