There is a lot of talk about the way which we need to go in order to fix our current very serious problems in the financial sector and the economy in general. There can be very little doubt one of the major causes of our crisis is the repeal of the Glass-Steagall Act in 1999. Now the Dog knows that some of his reader’s eyes are going to glaze over when the old hound starts to talk about economic policy, but he promises not to make it too dry and boring. Besides, none of us can really have an informed opinion if we don’t wade through this stuff.
