Posted on 04 April 2018. Tags: Colorado, Elections 2018, Federal Reserve Bank, Josh Bevins, Levi Tilleman, Oklahoma, Teachers, Unemployment
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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Posted in Audio, Economy, Labor, Podcast, Politics
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 June 2011. Tags: Ben Bernanke, Federal Reserve Bank, Financial Crisis, Financial Times, Global Finance, Jobs, Quantitative Easing, Stimulus
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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Posted in General Interest
Posted on 29 December 2010. Tags: Banks, Ben Bernanke, Bernie Sanders, Federal Reserve Bank, Financial Crisis, Global Finance, Jobs, Stimulus
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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Posted in General Interest