A quick read: JPM Agrees With Trump That Fed Is Political, Accuses Yellen Of "Distorting Asset Markets, Blowing Bubbles"
Bought and Paid
Presenting Ground Zero Of Global Wealth Inequality
And if you know folks drawn to the area, you know the breed of parasitic subspecies...not people most wish to associate with.
STOP THE MADNESS!!!
At this point, it is foolish for the citizens of the world to act complacently as central bankers enrich their friends and the benefactors of their political allies. We are going to pay the price for these policies, as the very few who have caused the coming financial calamity will sit in comfort, wealthy and unaffected.
Conflict of interest disclosure reports filed by top federal officials were removed from public view by the Obama administration in recent months, a move that government transparency and accountability advocates condemn as a major setback. [Read]
And this from the president who said he was all about making this the most transparent administration in history. This is not okay...none of it is.
Income Inequality Inspires
Go read the article. It is fascinating that this has happened under a (D)emocratic Party administration, but not a surprise if you observe their consistent actions. The (D) proclaim themselves helpers of the poor while greatly serving the rich. The fiscal and monetary policies of recent years have helped to accumulate an ever greater amount of wealth in fewer hands.
Remember during the Reagan and Bush administrations how the left railed against the idea of trickle down economics, the policy where successful were enriched so some of their resources would trickle down to the less fortunate? We misunderstood the left's railings.
Apparently when the left was railing against helping businesses and people of means succeed, we did not understand that they wanted these policies pushed further, harder, so greater wealth accumulated in fewer hands, and without the dated need of business creation and expansion. In retrospect, it makes sense, because greater wealth in fewer hands means those hands can be more generous to the politicians who helped them accumulate that wealth. Of course, the rest of the citizenry will figure this out, but what is to fear?
This will not end well, it never does. And whom to blame? Politicians. Parties are labels to mislead the fools, unfortunately. Politicians are punishing us for our foolish loyalty.
As we here at clearpolitics.com see the politics in everything, we have questioned many things, too many things, and ignored our obligation here. Perhaps what we need is a little confession time, but it may be too depressing. Still, truth is truth.
Should You Expect Truth from Government?
Make of it what you will.
Critic of Polygraph Tests Accused of Teaching People to Lie to Government
A polygraph is
One thing you know about people with this kind of character is that you cannot associate with them if you are one of good character. One might wonder if he is a sociopath or political operative or just a liar...wait, are there differences there?
PS: Interested in economics? Maybe MIT has confused political expediency with the dismal science...
Don't Watch Too Closely
Listen: 536: The Secret Recordings of Carmen Segarra
Michael Lewis' take: The Secret Goldman Sachs Tapes (And we suggest you read his Flash Boys)
Government's desire for power is so it can be selectively applied.
Obama Admin Woarking Around Legislative Process...Again
Obama Pursuing Climate Accord in Lieu of Treaty
The Obama administration has managed to convince half of the people who vote that he is a man of the people, that his government is pro-people, not pro-business first. Yet his actions make it clear he is a good ole crony-capitalist enabler.
White House poised to name patent reform opponent as new head of Patent Office
The Obama Administration’s expected choice to lead the Patent Office is a Johnson & Johnson lawyer who has been a key figure in blocking attempts to reform the patent system. [Read]
And who did he put in charge of the FCC?
Gosh, Perhaps Next Time Don't Appoint a Lobbyist to Run the FCC?
While that's no surprise, people who should have opposed appointing a former cable and wireless lobbyist to lead the agency instead supported Wheeler's nomination... [Read]
(If you would like to laugh about the subject, watch John Oliver Suggests Renaming “Net Neutrality” To “Cable Company F*ckery”)
And yet, somehow people think this administration is a people first administration. Whether it is stupidity or gullibility, it is impressive and so unfortunate. Simple clear politics, where the only party are the parties to power.