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I resent politicians, including our President, throwing out phony numbers to justify bad policy. 1. There are many credit unions in our country. The largest belongs to the Navy which has $82 Billion in assets with 7+ million members. Thousands of credit unions average $3 Billion in assets. 2. Most (1000’s) of … More Joyce America Speaks Periscope @11am Financial Instability. History Repeats.
Facts about inequality: paraphrased from Angus Deaton’s book,” The Great Escape” The Facts about inequality: Poor people do not choose to be poor The unemployed are miserable and demoralized without work The GDP is a well meaning statistic that doesn’t measure the 99% struggling at the bottom of income distribution Labor unions have declined in … More The Voice of Joyce: excerpts : ” The Great Escape”
Dear Followers: Last week Congress passed a $1.1 Trillion Budget which guts Regulation of Derivative trades. Many on both sides of the aisle protested to no avail. David Vitter and Sherrod Brown proposed legislation to make Derivative trades less risky. This was voted down to the Country’s detriment. However, I came up with a better … More PUBLIC ADVOCACY: Move forward with an extra $1.068 Trillion in revenue