Do you have a question about how the Federal Reserve System affects you? Wondering about economic disparities, regulating big banks, or the Fed’s recent interest rate decisions? Curious about how the Federal Reserve Bank of Minneapolis gathers data and informs its work within the Federal Reserve System?
Join us for a conversation with Minneapolis Fed President Neel Kashkarion these topics and more in Aberdeen, S.D., on July 11 at 4:00 p.m. Kashkari is a member of the Federal Open Market Committee, the body of the Federal Reserve System that sets national monetary policy. Since taking over as president of the Minneapolis Fed in January 2016, he has spearheaded several initiatives, including releasing a plan to end the too big to fail problem and launching the Federal Reserve’s Opportunity & Inclusive Growth Institute, housed at the Minneapolis Fed.
Kashkari will give brief remarks, followed by a Q&A with the audience [Federal Reserve Bank of Minnesota, public notice, retrieved 2019.06.14].
The event is free, and Kashkari is bringing snacks!
This shows perfectly clear the koch bros can’t afford taxes. Is it any coincidence National debt is around 21 trillion bucks?
Porter Lansing
2019-06-15 12:43
MFI … Trumpelstiltskin said the National debt is gone … and he never lies.
Debbo
2019-06-15 13:20
Wilted Weenie gets crazier every day.
jerry
2019-06-15 14:30
It would be nice to have clarification on big business paying even less Federal tax than less can possibly be and its falling further. How can we dig out of this in September when the bottom falls out? trump and the republicans will shut down the government once again because they are taking it so seriously now. What crap storm lies ahead?
“Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases.
The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.”https://www.politico.com/story/2019/06/13/big-businesses-pay-less-tax-law-1364591
chris
2019-06-15 16:21
Is there a way for russian oligarchs to quietly move their looted monies into south dakota trusts? …Asking for a friend.
mike from iowa
2019-06-15 18:03
Maybe you should ask why your gubmint isn’t making some money off tax havens for the filthy rich.
Jerry, Drumpf said inside 8 years the debt and deficits would be wiped out. So far he has managed to run the deficit up over a trillion dollars a couple years earlier than predicted, with no end in sight.
mike from iowa
2019-06-15 18:05
Also heard he is campaigning on lowering corporate tax rate to 15% because his laST taxcut did so much for the coffers……of the koch bros. The US treasury didn’t fare as well.
jerry
2019-06-15 18:38
trump now says that if anyone but him wins the presidency, the stock market will crash. Here is news for trump. The market will drop 34% in a correction that should not shock anyone. Powell may drop the FED to zero, but the market will still need to contract, it is that bloated.
jerry
2019-06-15 20:56
Meanwhile, Colorado hits a BILLION DOLLARS in marijuana sales.
“Colorado revenue from marijuana sales experienced its two highest-grossing months in April and May, with roughly $24 million in total state revenue from cannabis each month.
It took the state roughly three and a half years to reach the $500 million mark in total state revenue from marijuana sales, and just under two years to double the revenue source.
Cannabis sales contribute to the state’s general reserve fund, as well as education and health care, including mental health services, and youth drug-prevention programs.”https://www.cnbc.com/2019/06/12/colorado-passes-1-billion-in-marijuana-state-revenue.html
Meanwhile, here in South Dakota, we hope FEMA will give out some loans from the SBA to help folks out.
Porter Lansing
2019-06-15 21:08
Pretty impressive, huh Jerry. You’ll see the Governor responsible in the debates. He’s the one with the message that Democrats aren’t socialists and we damn well refuse to be tarred with that brush by anyone. Especially when Republicans are spending money and creating debt like no Congress ever has. Democrats have pragmatic answers to America’s problems. Huge new programs that remove millions from health insurance they might like aren’t the way.
Porter Lansing
2019-06-15 21:15
Not only aren’t Democrats socialists but Democrats love capitalism. We’re responsible for almost all of the treasure Republicans are squandering. The difference is Democrats demand sensible regulations on business.
jerry
2019-06-15 22:01
Yup, that means lower state income tax and lower property tax. Medicaid Expansion so nursing homes don’t close. What’s not to like about the whole concept of freedom to farm and freedom of choice?
It’s impressive that Kashkari is coming to Aberdeen. I hope the turnout is good.
I hope I can boost that turnout by one… although it’s tough for us 8-to-5 working people to make a 4 p.m. show.
Speaking of the Fed- https://www.rawstory.com/2019/06/eye-popping-analysis-shows-top-one-percent-gained-21-trillion-in-wealth-since-1989-while-bottom-half-lost-900-billion/
This shows perfectly clear the koch bros can’t afford taxes. Is it any coincidence National debt is around 21 trillion bucks?
MFI … Trumpelstiltskin said the National debt is gone … and he never lies.
Wilted Weenie gets crazier every day.
It would be nice to have clarification on big business paying even less Federal tax than less can possibly be and its falling further. How can we dig out of this in September when the bottom falls out? trump and the republicans will shut down the government once again because they are taking it so seriously now. What crap storm lies ahead?
“Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases.
The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.”https://www.politico.com/story/2019/06/13/big-businesses-pay-less-tax-law-1364591
Is there a way for russian oligarchs to quietly move their looted monies into south dakota trusts? …Asking for a friend.
Maybe you should ask why your gubmint isn’t making some money off tax havens for the filthy rich.
Jerry, Drumpf said inside 8 years the debt and deficits would be wiped out. So far he has managed to run the deficit up over a trillion dollars a couple years earlier than predicted, with no end in sight.
Also heard he is campaigning on lowering corporate tax rate to 15% because his laST taxcut did so much for the coffers……of the koch bros. The US treasury didn’t fare as well.
trump now says that if anyone but him wins the presidency, the stock market will crash. Here is news for trump. The market will drop 34% in a correction that should not shock anyone. Powell may drop the FED to zero, but the market will still need to contract, it is that bloated.
Meanwhile, Colorado hits a BILLION DOLLARS in marijuana sales.
“Colorado revenue from marijuana sales experienced its two highest-grossing months in April and May, with roughly $24 million in total state revenue from cannabis each month.
It took the state roughly three and a half years to reach the $500 million mark in total state revenue from marijuana sales, and just under two years to double the revenue source.
Cannabis sales contribute to the state’s general reserve fund, as well as education and health care, including mental health services, and youth drug-prevention programs.”https://www.cnbc.com/2019/06/12/colorado-passes-1-billion-in-marijuana-state-revenue.html
Meanwhile, here in South Dakota, we hope FEMA will give out some loans from the SBA to help folks out.
Pretty impressive, huh Jerry. You’ll see the Governor responsible in the debates. He’s the one with the message that Democrats aren’t socialists and we damn well refuse to be tarred with that brush by anyone. Especially when Republicans are spending money and creating debt like no Congress ever has. Democrats have pragmatic answers to America’s problems. Huge new programs that remove millions from health insurance they might like aren’t the way.
Not only aren’t Democrats socialists but Democrats love capitalism. We’re responsible for almost all of the treasure Republicans are squandering. The difference is Democrats demand sensible regulations on business.
Yup, that means lower state income tax and lower property tax. Medicaid Expansion so nursing homes don’t close. What’s not to like about the whole concept of freedom to farm and freedom of choice?