Progressive Radio Network

Federal Reserve System

“Obama Administration’s economic policies were always meant to stabilize and enrich Wall Street at the expense of the working class and poor.” The 2008 economic…
Goldman Sachs will interminably,thanks to Matt Taibbi at Rolling Stone, conjure up images of “a great vampire squid wrapped around the face of humanity, relentlessly jamming…
.When Hillary Clinton’s son-in-law sought funding for his new hedge fund in 2011, he found financial backing from one of the biggest names on Wall Street:…
If you’re confused about why American economic growth has been so disappointing, consider this: US government investment in capital, research and development, and education and…
On Monday I gave what I think is a reasonable roadmap to the next recession.  I wanted to follow up a little. The post from…
Italy is running out of economic time.  Seven years into an ageing global expansion, the country is still stuck in debt-deflation and still grappling with…
You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown.  In the “real economy”, stuff…
“Some people think they can lie and get away with it,” said former Defense Secretary Donald Rumsfeld with feigned outrage. And, of course, he has never…
China is blowing an even bigger industrial-growth bubble, central banks are attempting to prevent a global shock, and, meanwhile, all eyes are on the US…
Comparing the growth in the number of full time jobs versus the growth in new home sales starkly illustrates both the horrible quality of the new jobs,…
If the rest of the world ate like Americans, the planet would have run out of freshwater 15 years ago, according to the world’s largest…
The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the…