But what happens if the assets are sold to one or more of the regional Fed Banks. These are agents of the Federal Government, but they privately owned.
|By: letsgetitdone Sunday October 13, 2013 1:00 pm|
|By: letsgetitdone Saturday January 5, 2013 6:40 pm|
Enthusiasm for using Platinum Coin Seigniorage (PCS) to produce a Trillion Dollar Coin, or coins totaling a few trillion dollars continues to increase. The twitterverse went mad two nights ago around #mintthecoin, a hashtag originated by MMT’s Stephanie Kelton, which by yesterday morning had become the 5th most highly trending topic on twitter.
Meanwhile, the blogosphere continued to produce more points of view on the Platinum Coin.
|By: Kevin Gosztola Tuesday October 9, 2012 1:10 pm|
Mother Jones’ Kevin Drum thinks a problem for liberals is that they need hacks.
|By: Jon Walker Monday March 12, 2012 11:10 am|
The one defense of President Obama I’ve found most annoying is the argument that Obama “only” had the largest Democratic majority in Congress in a generation for a short period, so it would be unreasonable to expect too much from him given Republican opposition. The argument ignores reconciliation, which previous administrations had relied on to get legislation through the Senate despite strong opposition from the other party.
|By: Jon Walker Thursday August 11, 2011 6:35 pm|
The Obama Administration has finally started to do something relatively serious about the housing crisis by using the tool of executive authority it has over Fannie Mae and Freddie Mac. Unfortunately, the plan seems to depend heavily on enriching large corporate middlemen.
|By: Blue Texan Thursday August 4, 2011 11:00 am|
The question isn’t how many “wins” you get or how much stuff you “get done” — the question is, are you making good policy? And the answer with Obama is clearly is no.
|By: Jon Walker Wednesday March 9, 2011 4:07 pm|
Some of my darkest predictions about the new health care law are coming true. With businesses again clamoring for corporate tax reduction, the go-to in Pay-Go-obsessed Washington are the affordability subsidies for people who will be using the new health care exchanges.
|By: Jon Walker Tuesday September 7, 2010 11:55 am|
The latest ABC News/Washington Post poll (PDF) is really, really bad news for Democrats less than two months out from the election. While Democrats trail Republicans by only two percentage points among registered voters, 45-47, they are losing by 13 points among likely voters.
|By: Jon Walker Sunday November 15, 2009 5:00 pm|
The fight for the public option is inseparable from the fight for better subsidies and affordability. The weaker public option selected by the House saves the government $25 billion. If the House had been able to pass the public option tied to Medicare rates it would have saved $110 billion.
|By: Jon Walker Saturday November 14, 2009 11:21 am|
Mother Jones magazine’s Kevin Drum doesn’t seem to understand the reason progressives are fighting hard for the public option; the fight for the public option is inseparable from the fight for better subsidies and affordability.