Tag Archive | "Federal Reserve Bank"

Episode 76: Oklahoma Uprising, Secrets of the NY Fed, Colorado Progressive On the March

Now it’s the turn of teachers in Oklahoma to rise up. I chat with Alicia Priest, the president of the Oklahoma Education Association, and Jennifer Thornton, a third-grade teacher in Tulsa, after the state’s teachers walked off the job to push for higher pay so they don’t have to go to a food pantry to feed their […]

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GOP Strategy: Screw The Economy

   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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The Fed Is All There Is?

   If you agree with this, from a Financial Times columnist, we are in a bad place: The Fed is divided on how far the risk of higher inflation argues for caution in maintaining, let alone increasing, the monetary stimulus provided by very low short-term interest rates and quantitative easing. Markets had come to assume […]

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Global Banks Took Our Money, Even When They Didn’t Need It

Putting aside the larger argument for the moment about whether we–the taxpayers–should have stepped into to save failing institutions, it is pretty clear now that what we also did was just give a nice new revenue stream for banks that did not need the money but figured, heck, why not get our taste from the […]

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