Tag Archives: Fed

The Plutocracy Runs Even Deeper in America than Many Realize

plutocracy

Senators Elizabeth Warren (D-MA) and Sherrod Brown (D-OH) want to investigate the Federal Reserve’s actions  in overseeing the nation’s largest banks after the release of taped conversations between managers and a former bank examiner at the Fed.

The Wageless Recovery

The following originally appeared on RobertReich.org.

Fed Policy Provides Stimulus for Companies to Invest Outside the United States

The Federal Reserve decision to buy over $500 billion in U.S. Treasury notes is stimulating investment, but not in the United States.

Is The Recovery Real?

Happy news! The government has come up with a 5.9 percent GDP growth rate in the fourth quarter of 2009. The recession is over.

Bernanke Says Interest Rates May Rise

Federal Reserve Chairman Ben Bernanke on Wednesday outlined the central bank’s plan to disentangle itself from the financial markets after a period of unprecedented intervention, telling lawmakers that the Fed would likely raise interest rates in the near future to begin that process.

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