An interview with EIR Economics Chief, John Hoefle, reveals the obvious point: we don't need Wall Street, never did, never will. In fact, if we don't reinstate FDR's 1933 Glass Steagall, shutting down Wall Street in the process, we'll lose the United States. Here is a look at the crisis the 50 states are facing and what the implications are of reinstating the 1933 banking regulation once again.

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