Thursday, June 30, 2011

UH OH, THERE'S A MARXIST AT THE FED! :-)

This is something that conservatives simple refuse to acknowledge.
Raskin Says Income Inequality Among Americans Undermining Economic Growth
By Jeannine Aversa and Joshua Zumbrun - Jun 29, 2011 10:00 AM MT
BLOOMBERG

Federal Reserve Governor Sarah Bloom Raskin said the financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1 percent is hindering the U.S. economic recovery.

“This inequality is destabilizing and undermines the ability of the economy to grow sustainably and efficiently,” Raskin said today to a forum in Washington sponsored by the New America Foundation. The disparities help “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth,” she said.
Her official biography doesn't reveal any Saul Alinksy connections but you never know.

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