Reinstate Glass Steagall...and more

 A White Paper was produced during the Lyndon Johnson years that outlined the need for a secure nation.  An important component was a strong national economy.

 What do we have now? Wreckage. Absolute economic wreckage.

 This morning on Bloomberg TV a banker with Jefferies & Co. said there is a strong need to reinstate the Glass Steagall Act. Whenever banks are allowed to be stock tradings the result is disaster. He said the 37 page Glass Steagall Act blocked Wall Street from wrecking America.  But Congress cancelled Glass-Steagall and the result was disaster once more.   The Jefferies banker said Glass Steagall should be restored - but he predicted it would not.

 On the media we are seeing that Congress won't stand up to Jamie Dimon.  The problem is that Congress has taken bribes from the banksters in the form of the contributions they must have to run these obscenely expensive campaigns.

 Why is Goldman Sachs allowed to place a black box that monitors all incoming orders and allows it proprietary trading rights? Why are Goldman Sachs agents  moving back and forth through the revolving door of government when they can't even run their own company successfully - other than taking 90 percent of the profits off the table each year for themselves?

 I have a benchmark stock, Norfolk Southern Railroad.
 In the past ten years the value of Norfolk Southern has risen from $21 a share to $69.
  Goldman Sachs has risen from $69 to a measly $94.

  Anyone with common sense can see that the managers of a clunky railroad know how to service stockholders, customers and the wider economy far better than the rapacious thieves at Goldman Sachs.
 It is common sense to reinstate Glass Steagall at once.

  Yesterday an older woman who is not a political activist at all said she is dismayed at how badly our country is being run. She said both political parties are inept.   She does not even know how bad it really is, but she has a sense, along with most of America, that our nation is being run by buffoons.
  These buffons have allowed a foreign nation to infiltrate its military and intel, terrorize senators and representatives into cowering subservients, allowed its money grubbing ex homeland leader to irradiate and manhandle citizens at our own airports, disrupt our traditional freedoms,  bankrupt our national treasury through several misguided wars.
 In fact,  how did the Clinton surpluses turn into economic austerity disaster just from fighting two Third World countries that could not build an aircraft carrier or put a satellite into low orbit?

 We need some real laws. We need to ban Goldman Sachs and all investment and community bankers from government. They could not run their own businesses without bailouts.
 We need to reinstate Glass Steagall.
 We need to purge the government of those foreign agents and dual loyalists who know have you by the throat.

 Any country that attacks our battle ship USS Liberty  and kills 31 of our sailors is not an ally in any way shape or form.
 We need to block the Council on Foreign Relations from supply government leadership and bureaucrats because two thirds of its membership represents only 2 percent of our national makeup.  Again, we are drawing too much leadership from much too narrow a base.

  That is why that older lady can sense something is wrong.
  America is no longer America.
  Get back to America. Purge the foreign contamination, re-regulate with Glass - Steagall, replace those obnoxious radiation death machines with trained explosives sniffing dogs, practice real diversity and stop handing the top jobs to just one narrow minded, egocentric tribe with a dangerously psychotic superiority complex.

 And yes, bust up the too big banks. Just the other day Wells Fargo called me and an agressive lady tried to sell me insurance. We saved the banks so they could sell insurance? We already had insurance companies galore.

  Stop glorifying these pscyhopathic egos on Wall Street and turn to the railroads and any other industry that is building wealth despite the efforts of the banks to destroy it.

  This is all a matter of national security. The Johnson era White Paper had it right. A strong, functioning, productive fully employed economy is where it all starts.

  We won't have much moral authority in telling the Muslim world what to do if we are creating Third World poverty within our own borders - and importing it from Mexico.

  A report today says some railroads may have been fixing prices. That was caught and can be fixed.
  What the combined Wall Street - Main Street banks have done was far worse - and won't be repaired.
  But can be stopped from being repeated.
  Common Sense.  Common sense.  What is that so hard?