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    Economics / bank reform, banking, Citibank, JP Morgan Chase /

    Bank Reform Fades Away … With a Thud

    April 18, 2011

    There it is. Sitting on my computer desktop, pristine and unopened. The vast 650 odd page Levin report on Wall Street and The Financial Crisis. OK I had to open it to see how many pages it was, but that’s it. At this point we can all throw our hands up in despair and move […]

    Economics / Bush, health care, Medicare, Reagan /

    Republicans Abolish Medicare

    April 15, 2011

    Well nearly anyway. The only purpose of the vote in the House today was to pass the much hyped Ryan plan to “save” Medicare. For save read abolish. The vote was along purely party lines as we would expect. Or almost: four GOP members bravely voted against, two abstained. So now the Republicans are on […]

    Economics / creditors, deflation, Federal Reserve Board, fiscal policy, GDP, inflation, interest rates, monetary policy, wages /

    Watch Out For Hawks

    April 15, 2011

    Todays’ release of the March inflation figures is sure to get the hawks out in force. So duck for cover. What one media outlet refers to as ‘red hot’ inflation is rising up to the top of the hawk list of reasons to hammer at the average family. After all we have to protect, at […]

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