Bernie Sanders does what others should have done: Sen. Bernie Sanders Wednesday placed a hold on the nomination of Ben Bernanke for a second term as chairman of the Federal Reserve. “The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the […]
More bad economic news for the real people of America – the workers: The unemployment rate in the U.S. soared to a 26-year high of 10.2 percent in October and employers cut more jobs than forecast, underscoring why Federal Reserve policy makers say interest rates will remain low until the labor market recovers. Payrolls fell […]
Really – He don’t understand interest rates and he thinks they should be 0%? This isn’t from years ago – these videos are from the first of the year and was used to help promote Romney. Instead Republicans chose a candidate that knows nothing about the economy when the nation was facing this crisis.
That is the approach the fed seems to be taking towards the economy: Federal Reserve Chairman Ben Bernanke, warning Congress of a period of sluggish business growth, sent a fresh signal Wednesday that the central bank will again lower interest rates to steady the teetering economy. “The economic situation has become distinctly less favorable” since […]
And already down 340 points. Another interesting side note. The cut of the interest rate this morning is the largest cut since 1988. Must be something to do with Republican Presidents and having to cut interest rates so much.
9:15 15 minutes in and everything is about race. I thought we had more issues than just this one. Of course the media is trying to spark another news cycle. 9:20 Hard to make it out but someone was yelling something from the audience about race based questions. It will be nice if someone can […]