Money is very easy to borrow these days since the interest rates are very low. But the economy has not been responding as quickly as it should be.
--- In [email protected], Emily Reyn <emilymae.reyn@...> wrote: > > The Book of Jobs article by Joseph Stiglitz in January's Vanity Fair. > Â Interesting article - in terms of how our monetary policy might support our > transition to a different economy instead of what is actually happening. > Â Creating new jobs going to take the kind of cooperation between private and > government interests, and change in policy, and leadership, that we aren't > getting. Â > > I've read most of these things before in bits and pieces, but I liked the way > the article brought a lot of the pieces together - very readable. Â My > daughter bought this magazine because it had Lady Gaga on the cover; I've > never actually read a Vanity Fair before :) > > http://www.vanityfair.com/politics/2012/01/stiglitz-depression-201201 > > > > > > ________________________________ > From: John <jr_esq@...> > To: [email protected] > Sent: Saturday, January 21, 2012 2:44 PM > Subject: [FairfieldLife] Re: Moyers and Company > > > Â > Emily, > > Money talks especially in Washington DC. > > --- In [email protected], Emily Reyn <emilymae.reyn@> wrote: > > > > I watched the episode on Crony Capitalism last night - Â interviews with > > David Stockman, who was the budget director under Reagan and Gretchen > > Morgenson. Â The key issues are well-discussed for the layman - it's > > disturbing to say the least, particularly in terms of who Obama's put in > > charge, but it confirms what many already know - the "banks" are running > > the show and real capitalism is dead in the financial services sector. > > Â The link includes a transcript option for those who don't want or have > > time to watch the hour long show. > > > > http://billmoyers.com/series/moyers-and-company/ > > >
