New Orleans Phil Gramm, the former Texas Senator and head of the Senate Banking Committee from 1995-2000, wrote a “pin the tail on the donkey” piece in the Wall Street Journal trying to find someone other than himself to blame for the Great Recession. The piece was almost unintelligible, though the headline and the first …
Month: August 2013
Dwolla, Lending Club, Housing, and Women Should Block Summers at the Fed
New Orleans It is hard to believe that there is really a campaign in earnest to push Larry Summers as the new Chairmen of the Federal Reserve, and that President Obama seems to be somewhat supporting his candidacy. Admittedly, the other front runner is a distinguished woman, the economist Janet Yellin, is also being targeted …
New Strategy at AFL-CIO or Same Ol’, Same Ol’?
New Orleans I watched a brief interview for USA Today with Richard Trumka, president of the AFL-CIO, on the eve of their coming convention, as he argued that with the diminishing numbers, there were changes coming at the federation. The changes he talked about mainly were some kind of broader affiliation program that was enrolling …