Wikipedia Error: Claims 'Senator' Barney Frank REPEALED Glass-Steagall

I eased dropped on a committee meeting at Occupy LA last night. One guy announced to the group, "Okay, homework tonight is to find out about Glass-Steagall." It's important to the conversation to know what it is. Glass-Steagall for those who may

I eavesdropped on a committee meeting at Occupy LA last night. One guy announced to the group, "Okay, homework tonight is to find out about Glass-Steagall." It's important to the conversation to know what it is.

Glass-Steagall for those who may not know, is essentially the bank regulations signed by FDR in 1933 in the wake of the crash of 1929. In 1999 the Republican-controlled Congress repealed most of the law and let banksters do what should be considered legal crimes against their country. Anyway, Rep. Barney Frank voted against Gramm-Leach-Bliley Act also called Financial Services Modernization Act, the law that deregulated everything. He's been one of its most vocal critics. Also he's a Congressman.

Look what the Glass-Steagall Wikipedia page said before I fixed it yesterday:

Barney Frank.jpg

We should probably be reading Wikipedia for these type of errors. "Those who control the past, control the future."

About Tina Dupuy

Tina Dupuy's picture
I write for Fast Company, The Atlantic, Mother Jones and LA Weekly among many (many) others. My weekly column is syndicated in these things called "newspapers," which are analog blogs 80-year-olds seem to enjoy.

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