McPhearson and Hamm Part 3: Surplus assets and my rant about patriotism
– August 18, 2011Posted in: News, Politics, War and Peace
I talked to Larry Hamm about a comment made by Alan Greenspan. The beginning is the same as part 2, but the segment after the clip is further into the conversation where I go on a little rant about patriotism.
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Good discussion about an important topic that ahrdly anyone talks about. One economist said that the Fed could play a role in pushing for all these billions to be invested,by charging banks a fee for holding the money. Right now, they get a small interest payment, so the incentive is not strong. Is it also a chance to sabotage the economy to get rid of Obama? to reduce the wages and rights of workers even more? other similar motives?/