Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
January 25, 2018
Trump Dumps First Woman Fed Chair For Investment Banker
It's a shame to see Janet Yellen, who did an "outstanding job" as chair of the Federal Reserve, get fired in favor of an investment banker who doesn't have a background in economics, says Dean Baker, co-director at CEPR