Glass-Steagall was repealed by Bill Clinton. Which is the problem since it was regulations on banks which may have prevented the 2008 financial crisis had it been strengthened rather than repealed.
The reason why a new version of Glass-Steagall can’t be passed is because the GOP can fillibuster it in the Senate. And right now the GOP holds a slim majority in the House so it wouldn’t even be brought up for a vote, let alone get enough GOP votes to pass.
Same goes for Citizens United, and that one probably would need a majority in the Supreme Court as well. Maybe even a constitutional ammmendment. To get a majority in the Supreme Court they need to hold the Whitehouse and a majority of the Senate for long enough that the GOP Justices retire. To make a constitutional amendment they’d need to hold the Whitehouse, Congress, and a majority of the State Legislatures.
The fact that the GOP is leading the US towards fascism and you still can’t get off your high horse to vote against them makes you complicit in their fascism.
Glass-Steagall was repealed by Bill Clinton. Which is the problem since it was regulations on banks which may have prevented the 2008 financial crisis had it been strengthened rather than repealed.
The reason why a new version of Glass-Steagall can’t be passed is because the GOP can fillibuster it in the Senate. And right now the GOP holds a slim majority in the House so it wouldn’t even be brought up for a vote, let alone get enough GOP votes to pass.
Same goes for Citizens United, and that one probably would need a majority in the Supreme Court as well. Maybe even a constitutional ammmendment. To get a majority in the Supreme Court they need to hold the Whitehouse and a majority of the Senate for long enough that the GOP Justices retire. To make a constitutional amendment they’d need to hold the Whitehouse, Congress, and a majority of the State Legislatures.
The fact that the GOP is leading the US towards fascism and you still can’t get off your high horse to vote against them makes you complicit in their fascism.