Pass the Glass!

---------- Forwarded message ----------
From: "Dennis Anderson" <info@dennisforcongress.com>
Date: Jul 31, 2012 9:03 AM
Subject: Pass the Glass!
To: "Friend" <aquarianm@gmail.com>

There is a growing, bipartisan movement to reform banking through reinstating Glass-Steagall. Is this email not displaying correctly? View it in your browser. Dear Friend,   Thirty-seven pages. Thirty-seven pages were all it took to fix all the problems that led up to the Stock Market Crash of 1929.  Thirty-seven pages created the longest period of financial stability in the United States.  When Glass-Steagall was repealed, banks returned to the same pre-Depression speculative practices and eventually brought about the crash.  Dodd-Frank was passed with the intention of ending the most egregious of practices, including using escrow accounts as financial pools for high-risk investments.  However, it failed to address the most critical problem, that banks are simply so big that their failure will threaten the stability of the entire economy. As I've traveled the 14th Congressional District, I've heard from both Republicans and Democrats, bankers and voters, that the repeal of Glass-Steagall was the worst thing to happen to our financial sector in decades.  Now, the chief architect of its repeal, former Citigroup Chairman Sanford Wiell, is calling for a return to Glass-Steagall. It's time to Pass the Glass!    Sincerely,   Dennis Anderson Democratic Candidate 14th Congressional District Like Us on Facebook Follow on Twitter Forward to a Friend  follow on Twitter | Like Us on Facebook | forward to a friend  Copyright © 2012 Dennis Anderson for Congress, All rights reserved. You are receiving this email because you have expressed interest in the Dennis Anderson for Congress campaign. Our mailing address is: Dennis Anderson for Congress P.O. Box 8587 Gurnee, IL 60031 Add us to your address book  unsubscribe from this list | update subscription preferences