The NRA buys off Congress. No action on guns.
The oil industry buys off Congress. No action on climate.
Insurance companies buy off Congress. No action on health care.
The list goes on...
Money in politics is the root of our dysfunction.
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Cycling, Bicycle Touring, Amateur Astronomy, free heel skier, kite flyer, dancer, extreme handyman.
"If I can't fix it, it ain't broke"
The NRA buys off Congress. No action on guns.
The oil industry buys off Congress. No action on climate.
Insurance companies buy off Congress. No action on health care.
The list goes on...
Money in politics is the root of our dysfunction.
Wealth inequality is eating this country alive. Concentrated wealth is already endangering our democracy. Wealth doesn’t just beget more wealth — it begets more power.
It’s a vicious cycle that destroys our economy and democracy at the same time.
It’s time to admit that banks that take in deposits are public institutions that shouldn’t gamble with those deposits.
The goal of maximizing shareholder returns is fundamentally at odds with the goal of protecting depositors.
How to fix this? Bring back Glass-Steagall.
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RT @rbreich
Robert Reich: How to stop playing whack-a-mole with the banks https://robertreich.substack.com/p/how-to-stop-playing-whack-a-mole?utm_source=twitter&utm_c…
https://twitter.com/RBReich/status/1635554429360373762
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