Category Archives: Main Page

First we had 30 years of slashing policy interest rates and lending requirements every time consumer spending slowed (1980-2010). When low rates stopped driving spending at the targeted rate, policy makers led 7 years of holding rates near zero (ZIRP) … Continue reading →

Interesting discussion on The Current this morning…can anyone represent ‘the people’ in a two party system dominated by corporations and banks? Bernie Sanders’ bid for the Democratic presidential nomination is peppered with the unapologetic declaration that he a socialist. It … Continue reading →