Opinions are one thing, but keep the facts straight

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Kindly allow me space in your paper to correct two flagrant fictions contained in Dan Dennis’s opinion piece of Aug. 1 (“The stakes are too high”).

click to enlarge

President Franklin Roosevelt’s Glass-Steagall law was passed in 1933; the Great Depression had been already raging since the collapse of the stock market in October 1929, four years earlier.

Glass-Steagall was repealed with the passage of the Gramm-Leach-Bliley Act by President Bill Clinton in 1999; President Reagan left office in January 1989.

These are very important historical facts that must not be spun to sustain any narrative, as happens so often in our modern times.

Mr. Dennis is entitled to his opinion, but historical facts are immutable.

L. Platt
Alhambra