NATO-Linked Think Tank Proposes Biden Adopt Venezuela-Style ‘Regime Change’ Policies Towards Belarus
Tag: Goldman Sachs
If ‘Facebook is Private’ Why are They Feeding Private Messages of Its Users Directly to the FBI?
[11-2020] These Are the Banks that Own the New York Fed and Its Money Button
Wall Street’s Felon Banks Take a Short Holiday from Financing Political Campaigns
Congress Passed Legislation Making the Treasury Secretary the Boss of the Federal Reserve During a Financial Crisis: That’s Creating Its Own Crisis
Monopoly Board Game Updated For Our Times
It’s His Land. Now a Canadian Company Gets to Take It.
‘A win for the establishment and a loss for progressives’ — analysts react to Yellen as Biden’s Treasury secretary
— “Janet Yellen’s nomination to be Treasury Secretary is a win for the establishment and a loss for progressives and modern monetary theory proponents. So far, the Biden team is mostly establishment types, which should ease the concerns of investors who feared a more leftward tilt. Although we were skeptical that Mr. Biden was going to pick Sen. Elizabeth Warren for the Treasury job, that risk has been completely removed for now.” — Brian Gardner, chief Washington policy strategist at Stifel.
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— “She is well within the orthodoxy of the economics community, and I suspect that fact along with her familiarity will lead to a largely positive response from financial markets. More broadly, from what we have seen so far, Biden appears to be mainly choosing old Democratic hands to fill his most vital Cabinet and White House posts, people from the Obama (and in some cases, even the Clinton) years. Progressives had hoped to wield major influence in the next administration, but if Biden’s personnel choices so far are any indication, he intends to govern more from what constitutes the middle of the Democratic Party today than to push the envelope far to the left.” — Stephen Stanley, chief economist at Amherst Pierpont.
Related:
The Wall Street Journal Nominates Janet Yellen as Treasury Secretary
Federal Regulators Have Gutted Safety and Soundness Rules for the Biggest Wall Street Banks
Federal Regulators Have Gutted Safety and Soundness Rules for the Biggest Wall Street Banks
Bottom line: federal regulators are as clueless today as they were in 2008 when it comes to the level of systemic risk these banks pose to the financial system of the United States. The only way to rein in that risk is to break up these banks and restore the Glass-Steagall Act. That would separate these casinos from the federally-insured, deposit-taking banks.
Related:
Defense Sectary Visits Hawkish Atlantic Council to Announce US Troop Buildup on Russia Border
Defense Sectary Visits Hawkish Atlantic Council to Announce US Troop Buildup on Russia Border
US Defense Secretary Mark Esper visited the notorious Atlantic Council, funded by a who’s who of weapons makers and despotic regimes, to announce that the US would not, indeed, be withdrawing troops from Germany but sending them to Russia’s border instead.
Ms. Cat’s Chronicles 
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