Saturday, April 4, 2009

Crony Capitalism

I'm really tired of only hearing about price stability regarding the markets, our economy, and the Fed. The Fed has dual purposes; the other is full employment. Making sure those whom want to work are able to, is just as important, if not more, as monitoring the economy for possible price increases.

Thomas Palley expands on the Fed's brand of crony capitalism here.

This is an excellent piece by Robert Kuttner about Robert Rubin's involvement in the Wall Street takeover of our government.

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