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.
Nikki Willoughby is social media manager at Common Cause. She oversees community action and serves as editor of the CommonBlog. Find her on Twitter @Nikki4CC or email her at firstname.lastname@example.org.