Yeah, no reason to look, be, or act competant at your job, now is there?
Our economy has to undergo a fundamental change for it to function again. Our economy was blown apart in 2007 and all we’ve done since was to try and put Humpty Dumpty back together again. It can’t be done. The first ‘new’ thing we need to do is to nationalize the Federal Reserve Bank. We need to take our monetary policy out of the hands of for-profit private Capitalists and put it back in the Treasury Department where it belongs. Then we need to set-up 49 state owned national banks patterned after the state owned National Bank of North Dakota which has existed for decades. The National Bank of North Dakota is the people’s bank and it competes directly with the for-profit Capitalist banks. Check that bank out and see what you think.
Yglesias has his good moments, but he’s wrong about the Fed.
There’s nothing the Fed can do to make things better, though some of the things the Fed does makes things worse.
Yeah, no reason to look, be, or act competant at your job, now is there?
Our economy has to undergo a fundamental change for it to function again. Our economy was blown apart in 2007 and all we’ve done since was to try and put Humpty Dumpty back together again. It can’t be done. The first ‘new’ thing we need to do is to nationalize the Federal Reserve Bank. We need to take our monetary policy out of the hands of for-profit private Capitalists and put it back in the Treasury Department where it belongs. Then we need to set-up 49 state owned national banks patterned after the state owned National Bank of North Dakota which has existed for decades. The National Bank of North Dakota is the people’s bank and it competes directly with the for-profit Capitalist banks. Check that bank out and see what you think.
Yglesias has his good moments, but he’s wrong about the Fed.
There’s nothing the Fed can do to make things better, though some of the things the Fed does makes things worse.