Interbank Market News Scan: The real free market is the one between commodities owners, merchants, and traders.

You would swear that America has a labor centric economic policy especially when jobs day comes around. The labor centric sentiment is fleeting. The inordinate amount of attention that is given to the Federal Reserve and monetary policy tells me its more about the financial markets and a lot less about the labor markets.

Counsel on political leadership. The Democrats need a whole new slate.

Voters in general and Black voters in particular have allowed the Democratic leadership to get away with offering low hanging fruit disguised as something rare and valuable. In a political economy based on credit-capitalism where the government issues debt in order to raise capital for financing vote getting programs and wars, Democratic leadership should have as its primary focus strengthening the thread of the nation-state via its capital allocation (banking) system.