NEP’s Pavlina Tcherneva appears on The Real News on October 5, 2014. The topic of discussion is the slow recovery and why monetary policy that is directed at finance and not job creation has this effect.
The Wall Street Journal has published a disingenuous editorial that claims that it is we should not worry about anti-regulatory leaders who produce a self-fulfilling prophecy of regulatory failure because they are chosen on the basis of their ideological opposition to effective regulation.
Whatever else comes out of the release of the audio tapes by Carmen Segarra, they have harmed the reputation of Mike Silva, the long-term senior supervisor at the Federal Reserve Bank of New York (FRBNY).
I have written a series of columns describing the New York Times’ horrific coverage of austerity and the Great Recessions and Great Depressions that it has gratuitously inflicted on the people of the eurozone.
In another proof of our family rule that it is impossible to compete with unintentional self-parody, Roger Cohen has penned “The Great Unraveling.”
the City of London “won” the race to the bottom with Wall Street and became the most shameful and destructive fraud vector in the world.
In the day since I wrote my column three developments reflect the increasing desperation.
The bottom line is that Norris continues to be an apologist for the worst banksters,
Montebourg proved the truth of the proverb that warns that it is dangerous to be correct when those in power are desperately wrong.
…the real fraudsters were the elite bankers who looked the other way, even as borrowers falsified loan applications.
One of the great lies of the financial industry is that it is the engine of Main Street’s growth. Giving the finance industry an enormous share of total business profits was supposed to super charge Main Street’s growth. It has never delivered on this promise. The truth is the opposite.