Robert Reich on Clinton's Errors of Crippling Welfare to Repealing Glass Steagall. 2 of 2

Democracy Now.org - Former Secretary of Labor, Robert Reich, critiques President Obama's handling of the economic crisis and the Clinton administration's repeal of the Glass-Steagall Act, a key deregulatory move that ended the separation of commercial and investment banking and is widely seen as helping lead to the financial collapse. The Clinton administration also presided over a drastic transformation of U.S. welfare laws, throwing millions off of welfare rolls. Reich is professor of public policy at the University of California at Berkeley. He has written 13 books, including "Aftershock: The Next Economy and America's Future." His latest is an e-book is just out, "Beyond Outrage: What has gone wrong with our economy and our democracy, and how to fix it." For additional reports on this case, or to watch the complete independent, weekday news hour, please visit http://www.democracynow.org. FOLLOW DEMOCRACY NOW! ONLINE: Facebook:   / democracynow   Twitter: @democracynow Subscribe on YouTube:    / democracynow   Listen on SoundCloud:   / democracy-now   Daily Email News Digest: http://www.democracynow.org/subscribe Please consider supporting independent media by making a donation to Democracy Now! today, visit http://www.democracynow.org/donate/YT TAGS: Democracy now, Amy goodman, DN, news, 2012, politics, Robert Reich, Beyond Outrage, Occupy Wall Street, OWS, Economy, Obama, GLASS STEAGALL, Obama, Clinton