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Richard Stallman's Political Notes

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Federal Reserve raising interest rates too fast

mercredi 28 septembre 2022 à 04:17

The Federal Reserve is raising interest rates too fast -- not waiting to see the full effects of previous increases before moving on to another increase. This creates a risk of overshoot -- of raising interest rates so much that it producing a result bigger than the organisation wants. If you keep increasing a signal again and again, faster than results can possibly come back to you, you will overcontrol and cause a crisis.

The governors of the Fed ought to know this, since it is basic business economics.

Tories borrowing big

mercredi 28 septembre 2022 à 04:17

*[The Tories] are borrowing big to fund tax cuts for the rich.*

80% of US voters want National Paid Family Leave

mercredi 28 septembre 2022 à 04:17

*80% of US Voters Want Congress to Enact National Paid Family Leave: Poll.*

Politicians that call themselves "centrists" are opposed to this, but they are nowhere near the political center of Americans.

Big businesses openly and shamelessly hires Congressional staff

mercredi 28 septembre 2022 à 04:17

Big businesses openly and shamelessly hire Congressional staff to lobby their former coworkers.

They hire former Congressional representatives, too, but they disguise that behind polite veils.

Attempted delays by the wrecker have been largely thwarted

mercredi 28 septembre 2022 à 04:17

*Attempts by [the wrecker] to delay the criminal investigation into his unlawful retention of government secrets have been largely thwarted after the Department of Justice regained access to about 100 documents with classified markings that the FBI seized from the former US president's Mar-a-Lago resort in Florida.*