Tag Archives: Brotherhood of Darkness

Op-Ed Columnist – This Is Not a Recovery – NYTimes.com

What will Ben Bernanke, the Fed chairman, say in his big speech Friday in Jackson Hole, Wyo.? Will he hint at new steps to boost the economy? Stay tuned.
But we can safely predict what he and other officials will say about where we are right now: that the economy is continuing to recover, albeit more [...]

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The billionaire Koch brothers : The New Yorker

The Kochs are longtime libertarians who believe in drastically lower personal and corporate taxes, minimal social services for the needy, and much less oversight of industry—especially environmental regulation. These views dovetail with the brothers’ corporate interests. In a study released this spring, the University of Massachusetts at Amherst’s Political Economy Research Institute named Koch Industries [...]

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Subtle Shift Within Fed Toward Deflation Concerns – NYTimes.com

Starting in 2007, the Fed lowered the benchmark short-term interest rate all the way to zero and pumped some $2 trillion into the economy with an array of emergency loans and purchases of government debts and mortgage bonds.
Those purchases were phased out in March, but there is now talk within the Fed of resuming them. [...]

Posted in Aimlow, Business, Collapse, Politics, economy, unemployment | Also tagged , , , , 4 Comments

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