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Fed Chair Yellen's First Congressional Testimony - Live Feed

Tyler Durden's picture




 

We've seen the prepared remarks for both panels:

So this morning's "Monetary Policy and the State of the Economy" (Humphrey-Hawkins) hearing should be a somewhat contentious baptism of fire for Janet as the Q&A starts.

 

 

 

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Tue, 02/11/2014 - 12:56 | 4424073 Dr. Destructo
Dr. Destructo's picture

10 minutes and 1 cat frightened by Yellen's voice later, I had about as much as I can take.

To hell with Yellen, and Congress.

Tue, 02/11/2014 - 12:58 | 4424078 Antifederalist
Antifederalist's picture

she had no clue what that guy was just talking about.  Deer in the headlights.

Tue, 02/11/2014 - 13:00 | 4424080 yogibear
yogibear's picture

It ain't over until the fat lady sings.

Yellen is singing.

Tue, 02/11/2014 - 12:59 | 4424081 bnbdnb
bnbdnb's picture

LOL. We have to allow our banks to make risky loans to other failing countries and their banks, duh!

Tue, 02/11/2014 - 13:01 | 4424082 Dimons jock
Dimons jock's picture

 She seems very unprepared ...

Tue, 02/11/2014 - 13:04 | 4424093 dexter_morgan
dexter_morgan's picture

She's a female, what other qualification does she need? hell, we have a president whose only 2 qualifications were a)he wasn't Bush, and b) he was black/

 

Tue, 02/11/2014 - 13:10 | 4424109 Toolshed
Toolshed's picture

Except that he turned out to be Bush.

Tue, 02/11/2014 - 13:13 | 4424124 NotApplicable
NotApplicable's picture

And he's hardly even half-black, FWIW.

Tue, 02/11/2014 - 14:08 | 4424340 Dr. Destructo
Dr. Destructo's picture

That's what Gregory Meeks praised Yellen for -she was a woman and apparently a member of an 'oppressed minority'.

He even stated that he wants his daughters to grow up to be like her, and then he backtracked by suggesting that's not why he thinks she was the 'right woman for the job' and praised her 'expertise'.

 

It was one of those moments where you hear something so incredibly stupid that you cannot possibly have any response harsh enough to match the degree of reprimanding it deserves.

Tue, 02/11/2014 - 13:17 | 4424099 El Hosel
El Hosel's picture

"The Market Reaction" is well prepared, MOAR of the same. Another all time high is so close, at least on the Nasdaq. When they "ring the bell" this afternoon, it could be a significant failure...Volume is a joke so far, good day for an afternoon plunge.

Tue, 02/11/2014 - 13:01 | 4424087 Inthemix96
Inthemix96's picture

Damn thats one fugly woman, sounds retarded to top it off.

You couldnt bray sand to look like that wedger now could you?

Christ almighty, 310 million folk to pick from, and they chose this monster?

;-

Tue, 02/11/2014 - 13:39 | 4424239 akak
akak's picture

I suspect she frequently snacked on paint chips as a child.

Although most of the retarded people I have known have been good souls nevertheless, not psychopathic monsters like every central banker who has ever stalked the earth.

Tue, 02/11/2014 - 13:09 | 4424106 Australian Economist
Australian Economist's picture

She seems to be saying a lot without saying anything at all.

Tue, 02/11/2014 - 13:17 | 4424140 Blano
Blano's picture

She's in good company then.

Tue, 02/11/2014 - 13:12 | 4424114 monad
monad's picture

Time to end the fed bitchez

Tue, 02/11/2014 - 13:15 | 4424122 Dimons jock
Dimons jock's picture

This guy is reading off a sheet of paper??? LOL ... The font was huge ..

And he also said what can we do for the young people in Europe? Does he mean the ones that "go on holiday" often & even take an entire month off? Book me on the next ship to Mars - fuck this!

Tue, 02/11/2014 - 13:17 | 4424126 bnbdnb
bnbdnb's picture

Yellen, if you can't determine the cause of the wealth inequality, how about you tell us what you would need to figure that out?

Tue, 02/11/2014 - 13:19 | 4424139 Blano
Blano's picture

Some guy with a funny accent asked how to reduce unemployment for 18-29 year olds in the US AND Europe.  Who gives a flying fuck about European unemployment????  Why is that her problem?????

Tue, 02/11/2014 - 13:27 | 4424183 Tinky
Tinky's picture

 

 

a) you are apparently unaware of the Fed's direct involvement in propping up European banks

b) you apparently haven't a clue about how crises in Europe can impact the U.S. economy

Tue, 02/11/2014 - 13:59 | 4424307 Blano
Blano's picture

I'm aware of both, neither of which has anything to do with my question.

Thanks for playing though.

Tue, 02/11/2014 - 14:14 | 4424369 Dimons jock
Dimons jock's picture

I see Tinky's point about US being affected but wtf when they take a shitload more time off than we do, lol ... fucking comical

 

Tue, 02/11/2014 - 13:20 | 4424145 Tinky
Tinky's picture

"I understand that it's difficult for you to be clear because sometimes that clarity can be misinterpreted by the markets."

LOL

Tue, 02/11/2014 - 13:23 | 4424147 youngman
youngman's picture

She does not sound that intelligent...but that is probably why she is there....to take it down....but its going to be hard to listen to that voice for the next few years....if I was SNL ...I would be all over it...but then agian..most of the sheeple have no idea who she is so the joke would be missed....but what a comedic charactor.....easy hits....and that Three Stooges hair...hey MO..Hey MO

Tue, 02/11/2014 - 13:24 | 4424166 Global Hunter
Global Hunter's picture

I just tuned in at 12:21pm EST...she is a retarded bobble head.  I would have thunk they'd have hired somebody who could speak without drooling into post of head of Fed even if they are just puppets.

Tue, 02/11/2014 - 13:26 | 4424182 ebworthen
ebworthen's picture

When are they going to replace the FED Chair with Geoff Peterson the Gay robot skeleton?

http://i1.ytimg.com/vi/SIJRqyxxnSk/maxresdefault.jpg

Tue, 02/11/2014 - 13:29 | 4424185 optimator
optimator's picture

Everyone reading from the sript provided by the Federal Reserve, eh!

Tue, 02/11/2014 - 13:27 | 4424190 Gordon_Gekko
Gordon_Gekko's picture

Nobody gives a flying fuck anymore about what the fuck the fucking federal reserve "chair" has to "say". She's just a puppet mouthing the LIES and BULLSHIT ordered by her master banksters.

Tue, 02/11/2014 - 13:35 | 4424219 akak
akak's picture

And here I thought that NOBODY could have as annoying a manner of speach as lispy and mealy-mouthed Bernanke.

I was wrong.

Tue, 02/11/2014 - 13:28 | 4424195 optimator
optimator's picture

That nose looks awfully familiar.

Tue, 02/11/2014 - 13:33 | 4424216 optimator
optimator's picture

Wish I had an advanced copy of the script to trade on today

Tue, 02/11/2014 - 13:33 | 4424218 Blano
Blano's picture

At least there's a moderately attractive gal over Mr. Yellen's right shoulder.

Tue, 02/11/2014 - 13:45 | 4424263 optimator
optimator's picture

Canya guess which ones the Billy?

Tue, 02/11/2014 - 15:15 | 4424630 Dimons jock
Dimons jock's picture

:) I see that!

Tue, 02/11/2014 - 13:52 | 4424281 1000924014093
1000924014093's picture

And the ZH Bears take another hit . . . not such a good year after all, eh?

Tue, 02/11/2014 - 13:56 | 4424302 bnbdnb
bnbdnb's picture

I have no debt, I own everything I have. I make six figures now. I am in the best physical shape of my life. So, yes, its a good year, thank you.

Tue, 02/11/2014 - 13:59 | 4424314 Blano
Blano's picture

Good for you.

Tue, 02/11/2014 - 14:04 | 4424331 bnbdnb
bnbdnb's picture

Thanks. It feels good to be a gangsta.

Tue, 02/11/2014 - 16:07 | 4424868 pherron2
pherron2's picture

she, or it if you prefer, seems to be channeling Jamie Dimon, are they related by blood (and by blood, I don't mean the blood they feed on)?

Tue, 02/11/2014 - 21:13 | 4426154 goldenbuddha454
goldenbuddha454's picture

Bob Keeshan=Janet Yellen, no?

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