Paul Craig Roberts on corporatism, Mosler on economy
A lawsuit challenging the US government’s 2012 decision to sweep nearly all of Fannie and Freddie’s profits to the US Treasury, rather than collect set dividend payments, was quashed this week. Erin weighs in. Paul Craig Roberts, chairman of the Institute for Political Economy and former assistant secretary to the Treasury in the Reagan Administration, to talk about Attorney General Eric Holder and his policy toward big banks. Warren Mosler, author and president of Valance Inc., discusses the global economy. And in the Big Deal, Erin and Edward Harrison talk about the European Central Bank’s decision to not cut interest rates.
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