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

Interbank Market News Scan: Betting markets see the effective federal funds rate dropping and that the Fed will not hike rates.

Over the next twelve months, as rates fall any cheerleading about an economic upturn should be tempered by a narrative that a close eye is being kept on the economy and that disciplined expenditures are being made to keep moderate winds blowing into the economy’s sails. Continue reading Interbank Market News Scan: Betting markets see the effective federal funds rate dropping and that the Fed will not hike rates.

Interbank Market News Scan: No political rhetoric today that impacts the overnight markets in the U.S.

I would think that given the U.S. economy runs on a fractional reserve platform that the Administration and the Congress would politely opine more on monetary policy. The Administration and the Congress appear to prefer the “kick the can across Pennsylvania Avenue and down Constitution Avenue” approach to monetary policy, mentioning it only when it is time to deflect criticisms on his handling of the economy. Continue reading Interbank Market News Scan: No political rhetoric today that impacts the overnight markets in the U.S.

Interbank market news scan: The jobs report wraps up the Holy Week.

Mr Biden may have missed an opportunity to craft a narrative that emphasizes the importance of getting ahead of the inflationary impact of blocks of emerging economies threatening to transition from the US dollar to resource-backed currencies. These threats have yet to materialize into something definitive and until then the inflationary impact of dumping the US dollar or at least complementing it with other currencies is a way off. Continue reading Interbank market news scan: The jobs report wraps up the Holy Week.

Georgia Power still looks like a proxy for bonds.

Ratepayer advocates in particular should keep in mind that ratemaking occurs in an environment outside of a public utility hearing room; that the rates used by a utility to attract investors and determine the rate of return on the assets used to generate energy are impacted by what happens in the banking environment. How you structure your strategy on rates should take this environment into consideration. Continue reading Georgia Power still looks like a proxy for bonds.

Being a political leader calls for empathy.

Can empathy be taught? Yes, it can be taught, but there is a risk that, depending on where the politician is during their growth cycle, signs of empathy may come off more forced than organic.

The journey should start early. An elected or appointed official should not want to risk putting off later in their career the ability to empathize. The voter may not provide her with a long or linear learning curve. Continue reading Being a political leader calls for empathy.

Using the Constitution to determine what your relationship with government is

The main body of the Constitution is where the political factions and their representatives play; where they determine the structure of and constraints on the government. There is little to nothing that you can do about the structure and constraints of the government. There is nary a mention in the seven articles of the Constitution of the citizen or the rights the citizen may have.

Your attention should remain on making sure that the promises contained in the amendments are kept. Continue reading Using the Constitution to determine what your relationship with government is

Why you should get to know your government representatives.

, you are capable of being an advocate for your community needs. There are steps that you can take to ensure that your elected official’s campaigns and decision-making take into account your narrative. Getting to know your representatives is an important approach to expanding your influence on the political process. Continue reading Why you should get to know your government representatives.