It is amazing to watch how desperate some of the so-called “deficit hawks” are to cut Social Security and Medicare. Peter Diamond wants to see these programs cut so badly that he is effectively advocating we sacrifice the core principles of democracy just to make it happen. In his New York Times Op-Ed, Diamond says [...]

What is the only thing worse than having monetary policy in America run indirectly mostly by the banksters and large financial institutions? The banksters having total control of monetary policy.