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Old April 10, 2017, 16:37   #1
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Read between the lines

Yellen says Fed's independence under threat from Congress




http://www.reuters.com/article/us-us...-idUSKBN17C2EO






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Old April 10, 2017, 18:35   #2
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Congress was no threat to the healthcare lobby, doubtful they would be to the FED and banking lobby.




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Old April 10, 2017, 19:55   #3
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4.5% unemployment!

Coasting...yeah,my old truck coasts,too....when it runs out of fuel. Coasting means losing speed,unless its downhill,and although yes,this economy is going downhill along with the rest of society,its not the same analogy.
She looks like an albino deer-in-the-headlights.
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Old April 19, 2017, 17:54   #4
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I'm not seeing it
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Old April 20, 2017, 15:24   #5
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Maybe it's because "Federal" is in its name,that congress SHOULD control it...
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Old April 21, 2017, 15:10   #6
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Amazon and other online retailers are set to put 10,000 bricks and mortar
retailers out of business this year. Jeff Bezos the bald wonder of the world
is set to have the first trillion dollar company. The bad news is that when something that big fails it's going to leave a huge mark on the landscape when
it fails. Amazon charges around 17 percent of your sale price to retail your stuff for you.
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Old April 21, 2017, 18:31   #7
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Amazon and other online retailers are set to put 10,000 bricks and mortar
retailers out of business this year. Jeff Bezos the bald wonder of the world
is set to have the first trillion dollar company. The bad news is that when something that big fails it's going to leave a huge mark on the landscape when
it fails. Amazon charges around 17 percent of your sale price to retail your stuff for you.
And all it takes to kill Amazon is to kill the internet.
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Old April 21, 2017, 18:41   #8
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Quote:
Originally Posted by tdb59 View Post
Yellen says Fed's independence under threat from Congress




http://www.reuters.com/article/us-us...-idUSKBN17C2EO






.............
I'm left wondering if I'm the only one who sees the humor in this. The Fed is, after all an INVENTION of congress and anything they can invent they can put away, just like that. So to say their 'Independence is threatened' is kinda like a pampered child whining about how dad is gonna take their allowance away. Except in this case the child is damn near 100 years old.
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Old April 21, 2017, 18:49   #9
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I'm left wondering if I'm the only one who sees the humor in this. The Fed is, after all an INVENTION of congress and anything they can invent they can put away, just like that. So to say their 'Independence is threatened' is kinda like a pampered child whining about how dad is gonna take their allowance away. Except in this case the child is damn near 100 years old.
And the child keeps daddy in power.




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Old April 21, 2017, 19:15   #10
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And the child keeps daddy in power.




..................
Or???????????can ruin Daddy's day.
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Old April 21, 2017, 20:02   #11
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Or???????????can ruin Daddy's day.
On the merest whim, yes.








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Old April 21, 2017, 23:28   #12
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On the merest whim, yes.








.............
And yet, the word is that El Presidente Trump is beginning to think he might keep Professor Yellen in her post as Hed of the Fed. He likes easy money. Who'd a thunk it? This is going to be an interesting next few years.
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Old April 22, 2017, 07:13   #13
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Or???????????can ruin Daddy's day.
Hmmm...kinda like an incestuous relationship.
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Old April 22, 2017, 07:48   #14
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The fed is not an invention of congress!
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Old April 22, 2017, 08:21   #15
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The Fed was invented by Congress the same way The ACA was invented by Congress.


in·vent
[inˈvent]
VERB
create or design (something that has not existed before); be the originator of:
"he invented an improved form of the steam engine"
synonyms: originate · create · design · devise · contrive · develop · innovate · conceive · think up · dream up · come up with · pioneer · coin
make up (an idea, name, story, etc.), especially so as to deceive:
"I did not have to invent any tales about my past"
synonyms: make up · fabricate · concoct · hatch · dream up · conjure up · cook up
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Old April 22, 2017, 09:54   #16
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It was the 'inclusion' of an idea, laid out by others! The circumstances prior to the Act of 1913 was as much Gerrymandering of an Idea, as it was Lobbying and fiscal manipulation. Such, that it's passage by what 5 people, on the 23rd Dec., secured the future of an independent private central banking system !

https://bvawe.wordpress.com/monitary...etary-history/

That act of 1913, was the 3rd attempt at the co-option of the American economy - the prior two twenty year contracts, failed miserably - just as this one will/is!

Central banking 'owns' everything, the rest is just an illusion, brought about by ignorance!
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