This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.
Janet Yellen
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A Year in the World-Traveling Life of U.S. Treasury Secretary Jack Lew
After reviewing Secretary Lew’s schedule of phone calls and meetings in 2014, it's easier to understand what it means to be one of the world’s most powerful financial diplomats.
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U.S. Incomes Fell Last Year - Except for the Rich, Of Course
In fresh data that adds fire to a growing debate over income inequality, the Labor Department says Americans on average saw income decline for the second straight year in the 12 months to June 2014.
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Elizabeth Warren Forces White House Climbdown on Treasury Appointment
The Massachusetts senator has torpedoed a second economic nominee by the Obama administration for being too close to Wall Street, forcing banker Antonio Weiss to pull out of the running for Treasure undersecretary.
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The Year in Inequality: Racial Disparity Can No Longer Be Ignored
There’s no way policymakers can adequately address inequality in the United States overall without recognizing the effects of the racial wealth gap.
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Do Democrats Want To Fix Inequality – Or Just Complain About It?
Inequality is all anybody can talk about, except Democrats on the campaign trail who desperately need to turn out the very people so disproportionately affected by it: young and minority voters.
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Federal Reserve Targets Asset Bubbles In Warning to Wall Street – But Is It Listening?
Recent statements by Fed Chairwoman Janet Yellen – who said that certain markets, like biotech and social media, are overvalued – mark a potential revolution in how central banks worldwide could act.
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Parasite #1: The Shadow Banking System
Despite the 828-page Dodd-Frank Act, the derivatives pyramid has continued to explode to a value now estimated to be as high as $2 quadrillion.
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When Fat Cats Meet In Munich: Welcoming the International Monetary Conference
This last installment in a series looks at what the IMC has done, ahead of this weekend's conference, to maintain power among the world's most influential bodies controlling economic, financial and monetary affairs.
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Momentum Is Growing to Occupy the Fed – By Nationalizing It
FedUp has a message for the new Federal Reserve chair Janet Yellen.
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100 Years of the Federal Reserve
“The United States Federal Reserve announced Wednesday that it will start drawing down (i.e. “tapering”) its multibillion-dollar quantitative easing policies in 2014. The Fed will begin tapering its $85 billion monthly purchases of Treasuries and Treasury mortgage-backed securities by $5 billion each starting in January.”
