Categories
Government

Elizabeth Warren Scolds NY Fed President

MUNCIE, Indiana NEWS – For all the long articles we share on Muncie Voice, this one will please those who like it short and sweet. This is an article about public servant leadership. A real public servant holding the people accountable. It’s a video of Senator Elizabeth Warren (D) questioning NY Federal Reserve President William […]

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Business

Income Inequality: A Free Market Economists Blind-Spot

MUNCIE, Indiana – The late economist Edgar Fiedler had a way of poking fun at economists and it’s always funnier when a professional is the one cracking jokes about his own profession. Two of my favorite quotes are: “He who lives by the crystal ball soon learns to eat ground glass.”; and “Ask five economists […]

Categories
Government

Federal Reserve Experimenting With US Economy

(Illustration by Victor Juhasz) Federal Reserve Couldn’t Wait for Washington to Reach a Consensus Last year I listened to two very intelligent people being interviewed on Bill Moyers program. One of the guests was Yves Smith, a brilliant economist with an incredibly keen financial mind. She writes for her own blog called Naked Capitalism. It […]

Categories
Government

How Bad Is Our Debt Problem?

How Bad Is Our Debt Problem, Anyway? And Will a Deal Fix It? by Theodoric Meyer, ProPublica President Obama met with congressional leaders in another attempt to avert the fiscal cliff — the automatic tax increases and spending cuts set to take effect Jan. 1 unless Congress can strike a deal. The cuts and tax […]

Categories
Government

Banksters say, “Trust Us, It Won’t Happen Again.”

It’s really hard to grasp the size and scope of the global financial crisis we faced just four years ago. Some have estimated the impact as high as $11 trillion. Pension funds were wiped out. Home values devastated. The taxpayer bailout to the financial industry was $700 billion. During three presidential debates, how many questions […]