Donald Trump just needs the ego fed all the time.
When I was first writing about Japan, it was at the peak of the Bubble. Bubble popped, but they kept on going. Japanese street style feeds American iconics back into America in somewhat the way English rock once fed American blues back into America.
I'm not comparing myself with Donald Trump or anybody else - but the people are fed up with the politicians ignoring the problem. The people are fed up by if they say something about the influx of the mass immigration from mostly Islamic countries, what they really feel is the threat for the safety of their daughters who go to school or their parents who walk in the park or themselves going shopping on a Thursday evening in Holland - they are being called racist if they make a remark about, 'hey this is not our country anymore.'
You look across this country people are fed up with Washington. This [2016] election was the American people saying, enough already with the corruption in Washington and it's both parties.
The final thing the Tea Party had was, they fed into the philosophy that Donald Trump now embodies. So they had a different view of how the world should be governed. And so they had a lot of things that we didn't appreciate going for them as time went by.
I have had to fight every single style coming up on my way to get here I wasn't fed anyone in any point of my career. I fought every style you could think of - righty, lefty, tall, short, power-puncher, fast guys, counter guys, so for me it is the norm - training for guys with different styles.
I have not been one of those champions that have been fed perfect guys to make me look great.
People are just fed up with these politicians that get up there, promise something, don't commit to their promises after they get elected. And it's all about - you know what it's all about? Filling their buddies' pockets full of money, sole-sourced deals, giving contracts. It's all about the money.
If Chicago doesn't fix the horrible carnage going on I will send in the feds.
People go to the big urban centres because they have a quality of life, a quality of intellectual inquiry in the big urban centres that you don't necessarily have in smaller, rural communities. I've got loads of friends and relatives that live there. People like living there, bringing up their kids there and all that stuff, but it'd be the death of me. I couldn't be in a small town, ten minutes I'd enjoy it, and then I'd get fed up because you're so constrained and constricted by it.
There are lots of grounds for hope in Israeli society. We are seeing Israelis getting fed up with war, looking for solutions. The youngest soldiers are refusing to serve in the Occupied Territories. Some are volunteering for army combat units but are refusing to serve in the Occupied Territories. We have the elite of the Israeli army, the air force pilots, some of them refusing orders which they consider illegal.
If we are going to have a Fed, it should not fall into the tyranny of experts with the a fatal conceit that a few wise people can determine interest rates. Interest rates should be driven by the market, and people's time preference, and we see these boom-bust cycles.
Let's say I am a chocoholic and I eat tons of chocolate a day. A hundred thousands of tons a day. I have this craving, but I can't afford it, so I get a printing press, and I start printing money, and I print billions and billions to buy chocolate. So I create this boom in the chocolate industry, so stores are running out of chocolate. So they have demand, so chocolate makers expand. Cocoa growers expand. You create this great boom. But now the feds arrest me and shut me down. And now there is a depression in the chocolate industry. That's what happens with the monetary policy.
I think it was 50 million people across the world who marched against the war in Iraq. It was perhaps the biggest display of public morality in the world - you know, I mean, before the war happened. Before the war happened, everybody knew that they were being fed lies.
Don't sit around waiting for the two corrupted established parties to restore the Constitution or the Republic. The founding generation was birthed by the rabble of all walks of life that got fed up and did risky things because they were captivated by the breath of liberty. There is a looming oligarchy and it is up to the people to organize a grassroots movement and push back.
Our male-dominated culture tends to define success in terms of wealth, fame, power, the reaction of others. Women are fed a version that includes personal fulfilment through marriage and motherhood in addition to professional acclaim and of course we must look sexy but not too sexy and then graciously disappear when we hit middle age.
People in America get really angry at the Federal Reserve and at the "money system" in general during economic crises. The Fed draws hostility because of its power, its insulation from democratic accountability, its lack of transparency, and because of its historical and structural connections to finance.
The Fed has a lot of power in the economy because it has a big impact on the supply and cost of credit, that is, interest rates. It also plays a key role in supervising banks and historically has seemed to take it easy on the banks when it shouldn't have, such as in the lead up to the financial crisis.
Bankers themselves govern the Fed to some extent, and then there's the classic revolving door where Fed officials come from and then go back to the financial sector. Fed officials tend to believe that the institution should have a large measure of independence from democratic control, even though in law it is under the ostensible control of Congress.
Critics, often for good reason, are concerned that the Fed is wielding its vast powers in the interests of the banks and not in the interests of the people. After the financial crisis, Americans have perceived that the banks have been bailed out, but a significant proportion of the population is still in serious economic trouble.
Many of those on the right distrust the Fed and want to eliminate its power in the belief that the private economy, including the private banks, will be much more efficient, productive and even democratic if they are left to themselves: in other words, the criticism of the Fed really reflects a desire to cripple the government in the service of increasing the power and authority of the market.
Most progressive critics don't want to destroy the power of the Fed to regulate the macroeconomy and finance. They want to regain control over it so that it better serves the interests of the whole population.
The right wants to destroy the power of the Fed to increase the power of finance; and the progressives want to reorient the Fed so that it will stop protecting the interests of finance and protect the interests of the broader population instead.
There is no doubt that the Fed's large-scale asset purchases have caused major increases in a number of asset prices in the economy. This is especially true of mortgage backed securities and corporate bonds, and quite possibly of equities as well. For those people and institutions holding those things, the run up in prices has been a wealth bonanza.
QE and other aspects of Fed policy increased inequality pretty significantly. This is reinforced if you take into account all the other non-standard measures the Fed used to bail out the banks early on in the [2008] crisis.
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