Poof! Before you noticed it, the Federal Reserve Board raised interest rates and, then, no one much talked about it, even though the Fed probably has more power over your job prospects than any politician. So, we talk about The Fed at length with long-time Fed watcher Dean Baker, co-director of the Center for Economic and Policy Research.
I was the keynote speaker a few days ago at the Larimer (Colorado) Democratic County Committee annual dinner—as you can hear in the audio, I took on the Democratic Party’s promotion of myths and “American Exceptionalism”, and asked whether the party is really able or interested in leading the rebellion against a corrupt system.
Wrapping it all up: our Robber Baron of the week is the CEO of Peabody Coal.