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Forget Clinton’s and Trump’s Plans for the Economy: It’s Time to Erase Debt and Create Jobs
So far, neither Donald Trump nor Hillary Clinton has offered a credible plan to restart the long-stalled U.S. economy. Trump favors lowering taxes to spur demand, a reduction in the supply of illegal foreign labor to boost wages, and modifying trade policy to...Minneapolis Fed chief Neel Kashkari calls some racial disparity ‘a crisis’
He met with Twin Cities activists on Wednesday. Community organizer Wintana Melekin was grabbing a soda in late June at a coffee shop near her office when she heard Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, had just been in. Seeing her...Maine Voices: State at a disadvantage by banking on private, out-of-state institutions.
Maine should have a state-owned bank; it’s working well enough for North Dakota. APPLETON — If you’ve ever written a check to the Maine State Treasurer’s Office, you may be surprised to learn that it was deposited in a privately owned bank. In the state treasurer’s...Kashkari Bucks Fed Norms Adding Emojis to Public Debate on Rates
Since the financial crisis, Federal Reserve officials have tried to communicate their policies to a wider constituency. With Neel Kashkari, the boundaries are being tested. “.@Six1FourCapital 4 me it’s a q of r we hitting dual mandate? Is there still labor slack? R we...Broad new fed rule could impact NM credit unions and small banks
Winona Nava, president and CEO of Santa Fe-based Guadalupe Credit Union, says that proposed Consumer Financial Protection Bureau rules should help protect against payday lenders who charge 300 to 500 percent annual interest rates for short-term loans, instead of less...
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Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
Retake Our Democracy