Sen. Byron Dorgan (prophet), upon repeal of Glass-Steagall in 1999 :

As such, it's filled with a lot of human-interest anecdotes and folksy humor. However, he makes some pretty interesting points and I learned a few things. For starters, he claims that most of the problems with trade pact enforcement can be laid right at the feet of the State Department. I was surprised to learn that. Sen. Dorgan claims that because the State Department's main job is to maintain good relations with other states, rather than to advocate for the American worker, they resist efforts to bring our trade partners into compliance with agreements because the powers that be feel that even broaching the subject of noncompliance will humiliate other countries and undermine positive relations. I've got no way to determine if he's right or not, but that sounds like quite the conundrum.

I have watched him over the years on CSPAN, and have always admired him and his opinions.

Cause the GOP/corporate party has been trying to knock out the New Deal and

any regulations on capitalism from day one!!

"Congress seems determined to unlearn the lessons from our past mistakes. Scores of banks failed in the Great Depression as a result of unsound banking practices, and their failure only deepened the crisis. Glass-Steagall was intended to protect our financial system by insulating commercial banking from other forms of risk. It was one of several stabilizers designed to keep a similar tragedy from recurring. Now Congress is about to repeal that economic stabilizer without putting any comparable safeguard in its place.''