Interest Rates

Fritz Milas

I so agree with what Al Jacobs has to say about everything. In regard to the banking picture [July 7 column], Dodd-Frank is a Frankenstein monster. My comment then is: Why don’t they reinstate the Glass-Stegal Act which was a banking foundation for over 60 years and simplified things?

It seems that everything today is manipulated, regulated, and controlled by the big boys. Whatever happened to the “free market”? Today, no one knows what is honest, real, fake; I think you know what I’m talking about. Just to let you know, I turn 70 in a few months so we have seen and experienced a lot of the same.

So, keep up the good fight and stay healthy. I look forward to more Al Jacobs’ articles in the Beachcomber.

 

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