Money
Jerome Powell's Testimony at His Nomination Hearing for a Second Term as Chair of the Board of Governors of the Federal Reserve System; A Link to The Beige Book
"Congress provided by far the fastest and largest response to any postwar economic downturn. At the Federal Reserve, we used the full range of policy tools at our disposal. We moved quickly to restore vital flows of credit to households, communities, and businesses and to stabilize the financial system.
These collective policy actions, the development and availability of vaccines, and American resilience worked in concert, first to cushion the pandemic's economic blows and then to spark a historically strong recovery. Today the economy is expanding at its fastest pace in many years, and the labor market is strong." more »
Rose Madeline Mula Writes: I’ve Got A Secret – NOT!
"I always contended that if not revealing my age would actually make me younger, I would be as tight-lipped as the enigmatic Mona Lisa; but since nothing can actually erase the years, why not just accept and admit them?... Above all, almost all my friends would submit to waterboarding before revealing their age, blissfully unaware that these days that statistic is available to anyone who makes a simple Google query or two. They don’t realize that the mere fact that they don’t know that identifies them as ancient and that exactly how ancient is no longer a secret. They believe they can guard that number to the bitter end — and beyond. No exaggeration. One woman I knew made her son vow not to put her date of birth on her headstone when she died." more »
On A Chilly Saturday, Winter Graduates Turn to Their Future: “Some of (your) most important lessons came from a real-life curriculum no one ever anticipated”
The years Saturday’s graduates spent at Berkeley were marked by turmoil: days-long campus power outages, devastating wildfires that choked the air with smoke, free-speech demonstrations and national reckonings with economic inequality, police shootings, racism and anti-democratic violence. “Some of (your) most important lessons came from a real-life curriculum no one ever anticipated,” Chancellor Carol Christ told the graduates in her keynote speech. “We are living in a historic moment when everything is shifting about us in ways that will have a profound impact upon the future,” she added. “This may be a perilous time, but so, too, is it a time of creative ferment and possibility, and that is prime time for this public university and for you, our newest alumni.”
(UC Berkeley photo by Keegan Houser)
(UC Berkeley photo by Keegan Houser)
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Jo Freeman Reviews: Gendered Citizenship: The Original Conflict Over the Equal Rights Amendment, 1920 – 1963
Jo Freeman Reviews: “All citizens are created equal but some or more equal than others” is the message of this book. Women are not the only unequal citizens in this country, but they are the most numerous. The Equal Rights Amendment was an attempt to bring real equality to women’s legal status after the 19th Amendment gave women the right, but not always the reality, to the franchise. Focusing on the first 40 years of the struggle for the ERA, DeWolf divides proponents and opponents into emancipationists and protectionists... Although this book is on the ERA, it does go into other laws that affected women, especially their employment opportunities. Read it as a general review of public policy on women, especially at the federal level. Then imagine how different things would have been if the ERA had been ratified several decades ago." more »