{"id":523008,"date":"2010-04-09T18:57:40","date_gmt":"2010-04-09T22:57:40","guid":{"rendered":"http:\/\/seattletimes.nwsource.com\/html\/northwestvoices\/2011570919_economystillfragilefederalreservechairmanclaims.html?syndication=rss"},"modified":"2010-04-09T18:57:40","modified_gmt":"2010-04-09T22:57:40","slug":"economy-still-fragile-federal-reserve-chairman-claims","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/523008","title":{"rendered":"Economy still fragile, Federal Reserve Chairman claims"},"content":{"rendered":"<p><strong>Pump from profits, not hardworking people<\/strong><\/p>\n<p>In the picture of U.S. financial problems that Federal Reserve Chairman Ben Bernanke described [\u201cBernanke says nation must face up to debt,\u201d Business, April 8], there is a figure he refuses to acknowledge. He painted a scene in which working people must accept higher taxes or further destruction of social services, education \u2014 our quality of life \u2014 because the U.S. economy is \u201cfragile.\u201d<\/p>\n<p>But Bernanke ignored the sacred cow of profits that actually takes up most of the picture.<\/p>\n<p>Working people are devastated by the greed and criminal actions of banks and other financial institutions. Nearly a million homes have reverted to bank ownership and countless foreclosures are still coming. Millions of jobs have disappeared and many will never reappear.<\/p>\n<p>It is time to dig into the massive profits of the banks and corporations. Milk that sacred cow of all its stolen wealth. Tax the rich and demand that they \u201cface up to the debt\u201d before they have the gall to expect more blood from us turnips.<\/p>\n<p><em>\u2014 Tamara Turner, Seattle<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pump from profits, not hardworking people In the picture of U.S. financial problems that Federal Reserve Chairman Ben Bernanke described [\u201cBernanke says nation must face up to debt,\u201d Business, April 8], there is a figure he refuses to acknowledge. He painted a scene in which working people must accept higher taxes or further destruction of [&hellip;]<\/p>\n","protected":false},"author":2861,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-523008","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/523008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2861"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=523008"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/523008\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=523008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=523008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=523008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}