Throwback: November 4th, 1999, Every C-Span Caller Is Against The Glass-Steagal Act, Yet Most of Congress Expresses Support

During the passing of the Glass-Steagal Act, C-SPAN allowed their viewers to call in and share their thoughts about this historic legislation, and the general consensus was crystal clear: almost every single caller was opposed to the bill!

Some of the callers even showed tremendous foresight, predicting the very financial cataclysm that would eventually come to ensue only 10 years later with the collapse of the financial markets in 2008.

Strangely though, almost every member of congress expressed support for the bill! This disconnect was so glaringly obvious that one of the callers even took note of the irony of this, saying it revealed how little politicians cared about the general population!

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