Wall Street Protests

[TheMercenary]

"They're having an impact on what the American people think of capitalism."

You really believe that? You really think the nation is beginning to rethink the role of capitalism in our society?

Describe what specific changes you could see that would come directly from the protests.

[Lamplighter]

Originally Posted by TheMercenary

"They're having an impact on what the American people think of capitalism."
You really believe that? You really think the nation is beginning to rethink the role of capitalism in our society?

Yes

Describe what specific changes you could see that would come directly from the protests.

Reinstatement of the Glass-Steagall Act

Bloomberg

Byron L. Dorgan, a former Democratic senator from North Dakota,
says the knowledge might have helped pass legislation to reinstate the Glass-Steagall Act,
which for most of the last century separated customer deposits
from the riskier practices of investment banking.

“Had people known about the hundreds of billions in loans to the biggest financial institutions,
they would have demanded Congress take much more courageous actions
to stop the practices that caused this near financial collapse,” says Dorgan, who retired in January.