It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
When a Federal Reserve Governor speaks, Bloomberg listens. Shame that's what it takes for the financial press to cover the middle class implosion that is going on in this country.
Federal Reserve Governor Sarah Bloom Raskin said the financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1 percent is hindering the U.S. economic recovery.
The above talk by Raskin was part of a seminar at New America Foundation, rebuilding the road to financial stability.