September 15, 2008

Subject: File No. S7-08-09

The Repeal of the Glass-Steagall Act

The Glass-Steagall Act of 1933 was repealed in 1999 during the Clinton administration. This act must be reinstated. We need to increase the M1 and M2 money supply like Chairman Greenspan did before Y2K. The SEC needs to ban naked shorts and reinstate the short uptick rule.