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The Fed's hubris has led it to the Dark Side.
It's not just a movie, it's real life: the Fed-Farce awakens.  Now that the Federal Reserve has finally voted to "restore order to the galaxy" with a tiny .25% rate increase, the true measure of our  travesty of a mockery of a sham  economy--in a phrase, The Fed-Farce--has been revealed....
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Governor reveals he has 'much more to do' at the central bank...
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An Excerpt from Real Fiscal Responsibility, Vol I: the Progressive Give-up Formula

Below is an excerpt from my most recent e-book:Real Fiscal Responsibility, Vol. I: The Progressive Give-up Formula. The book is volume I of II critiquing austerity politics at the Federal level in the United States. It exposes its fallacies, its closed-mindedness and...

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The Federal Reserve as we know it today is the product of more than a century of evolving economic theory and political and social compromise. The monetary, regulatory, and supervisory policy choices of the Fed shape macroeconomic and financial conditions in the U.S. and abroad and have long-term impacts on economic inequality. By reforming...

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Russia's central bank fights back against the domination of Standard & Poor's, Moody's and Fitch...
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“Watch what we do, not what we say” was the infamous comment by Richard Nixon’s Attorney General John Mitchell. There’s no better example today than the red-carpet reception Pennsylvania Republicans are giving Donald Trump at the Plaza Hotel in New York tomorrow.

While the other Republican candidates for president are now saying that Trump has gone...

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Statement of Roosevelt Institute Board Chair Anna Eleanor Roosevelt, granddaughter of Franklin and Eleanor Roosevelt, on Donald Trump’s use of internment during World War II to defend his plan to ban Muslims from entry into the U.S. The Roosevelt Institute also signed on to the We Are Better Than This call today.

“For Donald Trump to cite my g...

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If the American Dream depends on skyrocketing debt built on a weakening foundation of stagnant productivity and income, then it is indeed over.
Despite a ceaseless propaganda campaign declaring all is well with the U.S. economy, the Status Quo is fragile--and voters know it.  Not only do they know the economy--and their financial security--is...
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Exports drop and imports fall as China's economy continues to show signs of weakness...
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Bank of England Governor says sharp increase in commercial property values raises concerns about financial stability...

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