Claims And Issues

"Socialism for Investors, Capitalism for Everyone Else."

Steven Pearlstein of the Washington Post writes a very informed column about the world of finance.  He knows more about finances and the people who live in the U.S. financial system than most people alive.  

    So it's worth listening when he says that it's time for the Federal Reserve to "fix" the financial system.  Fixing it, Pearlstein writes, is something that "surely the overpaid lawyers and investment bankers who created the shadow banking system are clever enough to figure it out."  

    See Mr. Pearlstein's proposed solutions here in his recent article, Socialism For Investors, Capitalism For Everyone Else in THE WASHINGTON POST.

Please read the disclaimer. ©2020 Dennis J. Wall.  All rights reserved.

POSTSCRIPT: FEDERAL GOVERNMENT TELLING US A JOB IS A JOB.

This is a postscript to an article posted here on Thursday, December 20, 2018, "LET THEM EAT CAKE STATISTICS":  THE PROPOSED RE-INVENTION OF FOOD STAMPS, available at https://claimsissues.typepad.com/insurance_claims_and_issu/2018/12/let-them-eat-cake-statistics-the-proposed-re-invention-of-food-stamps-reportedly-the-current-federal-government-wants-to.html.

Illuminating the same theme, that the current Federal Government is telling us that a job is a job is a job for things like unemployment and food stamps, see this well-sourced, well-written article by Jon Talton, Behind The Low Unemployment Rate, Too Many Americans Are Stuck in Rotten Jobs, Seattle Times Online December 21, 2018, at https://www.seattletimes.com/business/economy/behind-the-low-unemployment-rate-too-many-americans-are-stuck-in-rotten-jobs/.

Things will get better.  Believe.

MERRY CHRISTMAS AND HAPPY HOLIDAYS TO ALL, AND TO ALL A HAPPY NEW YEAR!

Please Read The Disclaimer.  ©2018 Dennis J. Wall.  All Rights Reserved.