And what you think you know is crap. But it is common crap. The idea that banks should be able to do whatever they want because that is capitalism is pure bull. And for very good reason if you would just think about it. You are being raped every day by them and you don’t even know it. Do you know what inflation really is? There is just far too much for me to explain. I don’t have the faith in Humanity anymore to do it. But if people would just pay attention then they might have learned something.
Glass-steagall left investment bankers to play in their capitalist world with their casino money. While it put trusted and common sense restrictions on banks that hold your savings, and your mortgages. It totally separated the two types of banks. It did not allow people who could give a Shi* about you to rape and plunder you. But unfortunately most of you chose to be raped and plundered and then call it good old capitalism. Somehow you have been brainwashed into believing that capitalism needs no rules. In such a world. The only ones left standing are those with the most power and biggest guns.
Capitalism creates its own rules, and a pro-regulation attitude has no place in the small government spectrum. Go hang out somewhere that has tolerance for authoritarianism.
Oh, and the phrase “common sense restrictions” gives your authoritarian tendencies away.