Tag: glass steagall

Sen. Byron Dorgan, D-N.D., got on the floor of the Senate this week and stated what has, after a decade-plus of Wall Street national governance, become obvious: "We should separate banking from risk." Yet the most basic true words, spoken plainly by a gray-faced senator with a comb-over and a bad tie, seems just right now when news of one economic shock after another rolls in at increasing intervals. Especially when presented in the bland manner embraced by the makers of the Democratic Policy Committee's daily videos.