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Why Is the Fed Paying So Much Interest to Banks?

Why Is the Fed Paying So Much Interest to Banks?

    By Ellen Brown, http://EllenBrown.com   “If you invest your tuppence wisely in the bank, safe and sound, Soon that tuppence safely invested in the bank will compound, And you’ll achieve that sense of conquest as your affluence expands In the hands of the directors who invest as propriety demands.” — “Mary Poppins,” 1964 When “Mary […]

Fighting for energy and human rights equality in Africa

Fighting for energy and human rights equality in Africa

  By Paul Driessen “She has gone to the Lord,” her sister Diana told me a few days ago. And with Fiona Kobusingye’s passing, after a courageous battle with cancer, the Congress of Racial Equality Uganda lost another leader. However, their legacy remains, the battles they began rage on – and Uganda and Africa are clearly […]

The Fed’s Dramatic About-Face

The Fed’s Dramatic About-Face

    By Ellen Brown, http://EllenBrown.com “Quantitative easing” was supposed to be an emergency measure, but the Federal Reserve is now taking a surprising new approach toward the policy. The Fed “eased” shrinkage in the money supply due to the 2008-09 credit crisis by pumping out trillions of dollars in new bank reserves. After the crisis, the presumption was the […]

The Venezuela Myth Keeping Us From Transforming Our Economy

The Venezuela Myth Keeping Us From Transforming Our Economy

    By Ellen Brown, http://EllenBrown.com Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT, the government can spend what it needs without worrying about deficits. MMT expert […]

US Economy Adds More than 300,000 Jobs During Shutdown

US Economy Adds More than 300,000 Jobs During Shutdown

Tim Pearce | Energy Reporter . The U.S. economy added 304,000 jobs while the unemployment rate rose slightly to 4 percent in the first month of 2019, according to Department of Labor (DOL) data released Friday. January marks the 100th straight month of job growth in the U.S., a record more than twice as long […]

October Showed Huge Economic Gains. Here’s How Congress Can Keep It Going.

October Showed Huge Economic Gains. Here’s How Congress Can Keep It Going.

By Timothy Doescher The Bureau of Labor Statistics shattered expert predictions on Friday, reporting that the economy added 250,000 new jobs in the month of October. The labor force participation rate also climbed, unemployment stayed at a record low, and the number of employed Americans stands at a record high. The economy saw gains in crucial sectors […]

Hurricane Donald Approaching

Hurricane Donald Approaching

  By Wayne Root | Originally published at Root For America Everyone knows midterms historically belong to the party out of power. Not this year. Anyone who has read my columns for the past few months knows there is no blue wave, or blue trickle, or even a blue puddle. There is however a Red […]

World Economic Forum Confirms the US is Great Again Under Trump

World Economic Forum Confirms the US is Great Again Under Trump

  by Victor Davis Hanson  Please read this piece by my colleague Paul Roderick Gregory in The Hill The World Economic Forum’s (WEF) 2018 World Competitiveness Report ranks the United States No. 1 in global competitiveness, up from No. 3 in the past few years and its first top ranking in a decade. A high ranking matters. […]

As the World and Climate Change Yet Again

As the World and Climate Change Yet Again

  By John Shanahan Who is helping to create a better world? Who is determined to hold everyone back? The world has changed tremendously since the early 1800s, as the growing use of fossil fuels made life on Earth increasingly better for most of us. People have far better, longer lives. Economies are better, stronger, more […]

US Economy Adds 201,000 Jobs in August | Outpaces Expectations

US Economy Adds 201,000 Jobs in August | Outpaces Expectations

Tim Pearce | Energy Reporter The U.S. economy added 201,000 jobs in August, outpacing experts expectations by 9,000, according to Friday’s jobs numbers from the Bureau of Labor Statistics. The unemployment rate remained stable at 3.9 percent. Experts expected the rate to drop to 3.8 percent or farther. July’s jobs numbers were revised downward from 157,000 to 147,000. “What’s […]

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