We all know the story by now: the repeal of Glass-Steagall in 1999 led to the housing bubble, the subprime meltdown and the global financial crisis…right? What do we really know about Glass-Steagall and how do we know it? Today James peels the layers off another long-standing alt media myth and discovers a surprising and cautionary tale about how the banksters can manipulate us into doing our dirty work for them.

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SHOW NOTES

The Fall of Lehman Brothers Time Reference: 04:24

Fall of the Republic Time Reference: 06:22

Carter Glass biography from the Federal Reserve Bank of Richmond Time Reference: 19:16

Banking Act of 1933 Time Reference: 21:48

Filed in: Podcasts

