Re: [Pen-l] the irresistible rise of the Fed?

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] the irresistible rise of the Fed?
From: Jim Devine <jdevine03@xxxxxxxxx>
Date: Wed, 28 Jan 2009 14:43:39 -0800
Dkim-signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:mime-version:received:in-reply-to:references :date:message-id:subject:from:to:content-type :content-transfer-encoding; bh=QPAxBAyvNi+5sajH9wtm7qXN7Ky/GqDJloTJRkNh7a8=; b=FbVXsrP+rOu76rIfkOhNZf4CqmYhl8QOuXIgDjWc82f19Y6po7k6qvfrJ+TRPZrnvL Jg9Nd0DCmLB4y2l5woF92k8EGT3nrtNSr0ZQ0aIVF42R0ajSSp1OwnNiMeBFQFeY9469 ds+3YWevbcYzYUw/kgnvhKLPmfW6Et8lOZcUg=
Domainkey-signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :content-type:content-transfer-encoding; b=ouJZd1duexmXPphJDepENud8BhK8O2xqlVw+LZZH+9AsfIkqi2BoP1ECRM+c5QxC4k NKtUm/tPqZJyvabYfAvo3Ch9rSewgicro1N2MCMEd0mQQaZtqFbR+a4N6Yoh6XiaGiZs wPPeNZapSgkPTxqcJAkpnAE03uUo5B0A9v7F0=

me:
>> Congress is moving to create strong new oversight of the financial
>> sector that would likely give the Federal Reserve [which is just
>> barely held accountable to democratically-elected representatives]

Doug:
> Yeah, and Congress itself is such a model of representative democracy too!

at least there is some countervailing power from Congress, so that it
does not represent banking & finance interests alone the way the Fed
does. The Fed is also much more secretive.
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l

Follow-Ups:
- Re: [Pen-l] the irresistible rise of the Fed?
  - From: Carrol Cox

References:
- [Pen-l] the irresistible rise of the Fed?
  - From: Jim Devine
- Re: [Pen-l] the irresistible rise of the Fed?
  - From: Doug Henwood

Prev by Date: Re: [Pen-l] Obama Bombs, Women and Children Die
Next by Date: Re: [Pen-l] the irresistible rise of the Fed?
Previous by thread: Re: [Pen-l] the irresistible rise of the Fed?
Next by thread: Re: [Pen-l] the irresistible rise of the Fed?
Index(es):
- Date
- Thread

Thread context:
- Re: [Pen-l] What cooked the world's economy?, (continued)
  - Re: [Pen-l] What cooked the world's economy?, raghu Wed 28 Jan 2009, 21:47 GMT
  - [Pen-l] What cooked the world's economy?, John Gulick Thu 29 Jan 2009, 00:55 GMT
- [Pen-l] the irresistible rise of the Fed?, Jim Devine Wed 28 Jan 2009, 20:17 GMT
  - Re: [Pen-l] the irresistible rise of the Fed?, Doug Henwood Wed 28 Jan 2009, 20:22 GMT
    - Re: [Pen-l] the irresistible rise of the Fed?, Jim Devine Wed 28 Jan 2009, 22:16 GMT
      
      Re: [Pen-l] the irresistible rise of the Fed?, Carrol Cox Wed 28 Jan 2009, 23:29 GMT
      
      Re: [Pen-l] the irresistible rise of the Fed?, Doug Henwood Wed 28 Jan 2009, 23:38 GMT
      
      Re: [Pen-l] the irresistible rise of the Fed?, Jim Devine Thu 29 Jan 2009, 01:23 GMT
- [Pen-l] John Updike, Louis Proyect Wed 28 Jan 2009, 17:21 GMT

[ Other Periods | Other mailing lists | Search ]