Danielle DiMartino Booth talks Fed, coronavirus/Covid-19 crisis, the effect on the economy, the political landscape

Quoth the Raven, Released on 6/19/20

Danielle and I talk the Fed, the coronavirus/Covid-19 crisis, the effect on the economy, common sense, the political landscape heading into 2020 and learning to enjoy hugging each other once again.

Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

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shelly

Danielle is one of the most intelligent people out there right now. The vote for either party this election year -would be a double-edged sword. I believe in President Trump securing our borders, working to bring industry back to our country, his trade deals, and keeping us out of wars and closing down military bases — us not being the ‘overseerers’ of the world. And, I believe that the democrats would destroy our country as their behavior and actions/inactions have proven. But, I cannot justify in my mind how our president and the senate leader, Mitch McConnel, after locking down our economy unemploying the people of our country, them holding back … not immediately paying the people EVERY MONTH monies since the lockdownm to keep their lives going? $1,200 once? $1,200 even for one month when most rents are way above that? $1,200 once when such a large percentage of our citizens don’t even have $400 in emergency savings to keep going? Unemploy them and then not give them sufficient funds to survive — is the government trying to starve the people of this country? Mitch McConnel wants to “wait and see” the results of the $1,2000? Are not the food bank lines sufficient evidence for him to immediately send stimulus checks (better work “survival” checks) to the people? It is total insanity. The people did not ask to become unemployed. Meanwhile, you have congress spending three days a week in Washington (if they are even all there yet) and earning their six figure salaries … wasn’t a lockdown on their incomes was there.
I just may not vote for any of them and let things unfold as they inevitably will in response to their actions/inactions … and just pray for our country.
I apologize for not editing the above.

Daniel Sheehan

YOUNG BARBARIANS IN THE STREETS AND THE GUTTER LANGUAGE USED IN THIS VIDEO BY ” EDUCATED PEOPLE ” IS ALONE SUFFICIENT PROOF THAT THE END IS NEAR.