Paul Krugman: The Fed is not a rogue trader and historical norms for interest rates aren't relevant in a persistently depressed, deleveraging economy. But traders continue to lash out and claim, "It's all fake!"
The citizens' ballot initiative or referendum, created in the first Gilded Age to counter plutocratic governance, is overmatched in new Gilded Age.
Dr. Wilmer Leon is the producer and host of the Sirius/XM Satellite radio Channel 110 call-in talk radio program "Inside the Issues with Wilmer Leon." Go to www.wilmerleon.com, or email email@example.com. www.twitter.com/drwleon and Dr. Leon's Prescription at Facebook.com