Washington artful dodgers postpone responsibility

Don’t believe the hype: Ted Cruz and Tea Partiers weren’t big losers. Most other people were. The recent partial shut-down and near default of the US government led by rogue  deficit hawks cost American taxpayers at least $24 billion (according to Standard & Poor's), paid furloughed workers not to work,  cut economic growth and, as …

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Larry Summers for the Fed? Spare us.

The Federal Reserve may not be the center of the solar system, but it is a key inflection point in American politics and, through its interest rate policies, can have a profound impact on the nation's economy. The Fed chairman's pronouncements, for better or worse, affect the stock market and, quickly thereafter, the value of our …

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