Skip to main content
A total pillock. A berk. Someone who is being particularly annoying.
'Shut up Kitty. Stop being such a stegga'
Stegga by Twisted06 December 8, 2024

Glass-Steagall 

Act passed in 1933 which regulated banking. Named for Sen. Carter Glass (D-VA) and Rep. Henry Steagall (D-AL 3rd). Also known as the Banking Act of 1933. Motivated by the Great Depression and one of the pillars of the New Deal.

Glass-Steagall prohibited commercial banks from engaging in underwriting securities, i.e., banks that accepted deposits and loaned money at interest were not allowed to issue bonds or new public offerings of stocks. The Act also authorized the creation of deposit insurance.

The Banking Act of '33 was strengthened in 1956 when bank holding companies were barred from the insurance business.

Between 1982 and 1999, banks were deregulated until the same corporation could take deposits, create credit, borrow from the Federal Reserve, underwrite stocks and bonds, operate a hedge fund, and sell insurance.
Glass-Steagall was repealed in stages between 1982 and 1999.

In 1990, the largest bank in the USA--CitiBank--held assets of $369.1 (2009 dollars); by 2009, it held over 5x that. Bank of America is now 13.24 times its size in 1990. The repeal of Glass-Steagall undeniably worsened our problem with banks that were too big to fail.
Glass-Steagall by Abu Yahya April 5, 2010
A British drink made from a half measure of whisky and soda water.

It is also the title of the first track on Meshuggahs album Nothing.
Let me buy you a Stengah, old friend.

Listen to Stengah, it's heavier than fat kids driving tanks.
Stengah by bicklenack May 22, 2011

The Stegall Disclaimer

Clause.

Codicil used by males prior to engaging in vaginal/anal intercourse with sorostitutes. This clause is directly used to relieve any and/or all future hopes of aforementioned guttersluts from pressuring said individual into relationships. Further, the male in said situation is absolved from all guilt stemming from palpation of the vaginal canal and/or anus on any given sexual encounter. Upon acceptance of the agreement, the sorostitute has no grounds to bitch or carp about the male’s absence of interest in her personally as well as sexually post copulation. The function of the agreement replaces the antiquated phrase “sex does not constitute a relationship” that is typically used in one’s defense after coitus. It is important to note that most experts agree that had the Stegall Disclaimer been instituted in our fathers’ time most bullshit that almost all of us have had to deal with at one time or another could have been avoided.

NOTE: The most integral and ingenuous part of the disclaimer is that it dispels the myth that the vast majority of women believe that they are “special” and “different” from all other “pieces of ass.” In addition, the application of this verbal contract vindicates a fundamental part of the male’s relationship slant – women are stupid and think that they can change men, but they are incorrect. It is important to remember that the use of the disclaimer MUST be clearly in place before the first penetrating act. Serious consequences will result if the methodology is applied AFTER “rearranging her guts.”

The Disclaimer was first implanted in the fall of 2003 and has since achieved overwhelmingly positive results. To the knowledge of all pundits of the clause, the disclaimer’s veil has not been pierced since inception.

*The Stegall Disclaimer does not protect against HIV or other sexually transmitted diseases.
Amy: “He’s such a fucking dick for screwing me and not calling this week.”
Pam: “But you said that he gave you the Stegall Disclaimer.”
Amy: “I know but…well…fuck.”

Zach: “You can’t just raw-dog your soldier through some chick and not take her out later.”
Ryan: “You are uninformed, my friend. I gave her the ‘ol Stegall Disclaimer.”
Zach: “You are a goddamned genius.”
The fine particles of shit that come out of your ass when you fart.
All I can taste is your smeggans
Steak+Eggs

The manliest dish served during breakfast hours.
Friend 1: I think I'm going to have a veggie omelet.

Friend 2: Are you kidding me? Steggs is the only choice.
steggs by TastesLikeLemons57 March 4, 2012