Glass-Steagell was repealed in 1999 with Sen. Orrin Hatch's "yea" vote. Because of this vote we had not only 2007-2008 hit us, but now we see JP Morgan Chase lose over $2 billion because they have become both a commercial and investment bank. This should never have been allowed.
TARP was implemented because these same banks are too big to fail and their mistakes made them, and our economy, vulnerable to collapse.
Hatch wants another term to change things. We need a fresh perspective.
Paul J. Chappell
- In our opinion: Perry indictment a concern
- Mary Barker: The real 'Hunger Games' —...
- Carmen Rasmusen Herbert: Families battling...
- Scandals hiding in plain sight
- Jay Evensen: Marijuana acceptance will lead...
- Charles Krauthammer: The role of a great...
- Letter: Irreparable damage
- Join the discussion: Is bipartisanship making...
- Mary Barker: The real 'Hunger Games'... 79
- Robert Bennett: Contrary to Krugman,... 61
- Letter: Utah's birthright 46
- In our opinion: Avoid blurring the line... 46
- Join the discussion: Why is young adult... 42
- Letter: Irreparable damage 42
- In our opinion: Perry indictment a concern 38
- Michael Gerson: Rand Paul's bogus outreach 37