Posted on 22 September 2011. Tags: Credit, Federal Reserve Bank, Long Term Interest Rates, Republicans, Stimulus
I don’t know–does every day that passes seem to you to bring even more bizarre behavior? Republicans write to the Federal Reserve Board and say, don’t you dare do shit to help the people. Ok, not quite in those words: “We have serious concerns that further intervention by the Federal Reserve could exacerbate current […]
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Posted in General Interest
Posted on 07 January 2009. Tags: Credit, Debt, Financial Crisis, Minimum Wage, Productivity, Unions, Wages
Every day, there is another example of the conspiracy of silence that pervades the traditional media’s description of the current economic crisis. Sure, de-regulation, greed and pure stupidity has a lot to do with it. But, in truth, the underlying reason for the collapse has been a persistent war on the wages of American workers. […]
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Posted in General Interest