THE HILL
 
comment
Print

Ron Paul should hold landmark hearings about reinstating Glass-Steagall

By Brent Budowsky - 05/16/12 04:37 PM ET

I predict there will be another banking crash sooner or later unless there is dramatic financial reform (which will not happen anytime soon).

Ron Paul right now could use his subcommittee chairmanship to begin the most far-reaching hearings ever conducted on the whole issue of "too big to fail" and why the system must be changed to avoid bailouts forever.

Paul could campaign through the convention or not, as he decides. He has a profound opportunity as a subcommittee chairman to initiate a genuinely historic discussion of the financial system, day after day, that would win support from different parts of the political spectrum after the JPMorgan affair (which, sadly, is far from over).



Source:
http://thehill.com/blogs/pundits-blog/economy-a-budget/227859-ron-paul-should-hold-landmark-hearings-about-reinstating-glass-steagall

More Videos »

Pundits Blog Twitter - Click to follow
More From The Web
bloglogo

More Briefing Room »

More Congress Blog »

More Pundits Blog »

More Twitter Room »

More Hillicon Valley »

More E2-Wire (Energy) »

More Ballot Box »

More On The Money »

More Healthwatch »

More Floor Action »

More Transportation »

More DEFCON Hill »

More Global Affairs »

More In The Know »

More RegWatch »

Get latest news from The Hill direct to your inbox, RSS reader and mobile devices.