August 22, 2012
If elected, Mitt Romney’s team will make sure the Federal Reserve and Ben Bernanke finish the job of destroying the economy.
Glenn Hubbard, Romney’s economic adviser, told Reuters he would advise the Republican presidential candidate that Bernanke should “get every consideration” and stay at the helm of the private bankster owned Federal Reserve.
“Ben is a model technocrat. He gets paid nothing for getting kicked around all the time. I think [...]
From Economic Policy Journal:
In a remarkable op-ed in WSJ, Alan Blinder, professor of economics and public affairs at Princeton University, previously head of President Bill Clinton’s Council of Economic Advisors (January 1993 – June 1994), and Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 to January 1996, is calling for the Federal Reserve to charge banks if they continue to hold their funds as [...]
The Seattle Times: Nation & World: Bush report: Sending jobs overseas helps U.S.
“WASHINGTON — The movement of American factory jobs and white-collar work to other countries is part of a positive transformation that will enrich the U.S. economy over time, even if it causes short-term pain and dislocation, the Bush administration said yesterday.
The embrace of foreign “outsourcing,” an accelerating trend that has contributed to U.S. job losses in recent years [...]
Visit msnbc.com for breaking news, world news, and news about the economy
By Inisde Job Director Charles Ferguson
Why economists are part of the problem
Both Glenn Hubbard and Laura Tyson have played major roles in American economic policy, and both also, unfortunately, exemplify the disturbing, opaque conflicts of interest that pervade the economics discipline.
Over the last thirty [...]