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Yet Another Wingnut Blogosphere Fail: No Connection Between White House Shooter and OWS

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Gus11/17/2011 7:00:28 am PST

Laurence Meyer - Macroeconomic Advisers Co-Founder

He was nominated to the Fed by President Bill Clinton along with Alice Rivlin in 1996. At the Fed, Meyer was one of the Governors most ready to raise interest rates, because he believed that the economy was operating near full capacity, and especially that employment was near the non-accelerating inflation rate of unemployment, or the rate that would cause inflation. Alan Greenspan, the Chairman at that time, was one of the leaders of the idea that improved productivity would allow the Fed to keep interest rates low without causing inflation.

After leaving the Fed, Meyer became a Distinguished Scholar at the Center for Strategic and International Studies*. He also resumed working with Macroeconomic Advisers.

*The current president of the Center for Strategic and International Studies is John Hamre. A Republican.

This is not about good policy or policy for the people. It’s a power play. It’s good cops vs. bad cops while the elite keep swilling on their champagne in DC.

Like I said. The revolving door. Sorry but in keeping with my current state of radicalization but these people are part of the problem.