2 Out Of 3 People Mentioned In Yellen's "Not Enough Jobs" Speech Have Criminal Records

Tyler Durden's picture

First we had Jeab-Claude Juncker saying it's ok to lie to the people, then President Obama's poster-child for Obamacare who later discovered she was unable to get the healthcare she expected and now following Janet Yellen's apparently 'uber-dovish' "jobs are not plentful" sob story spech yesterday we have more governmental factual inaccuracies. As Bloomberg reports, in her first speech as Federal Reserve chair, Janet Yellen told the stories of three people who had trouble finding work to illustrate her concern about the unemployed -- omitting the fact that two had criminal records that might have influenced employers’ decisions on whether to hire them.


Oddly the "Jobs Plentiful" index has been nothing but positive throughout all of this... but as is clear below, remain a very long way from the 'plentiful-ness' of the '90s (and appear to have hit resistance)...



As Bloomberg reports, the first of the three people mentioned by Yellen was Dorine Poole, who lost her job processing medical insurance claims when the recession hit.

“When employers started hiring again, two years of unemployment became a disqualification,” Yellen said in her speech yesterday to a community development conference in Chicago. “Even those needing her skills and employment preferred less-qualified workers without a long spell of unemployment.”


Poole was convicted of felony theft 20 years ago after she fell in with a “bad circle,” she said in a telephone interview. She was 18 at the time and served two years of probation.

The second persion Yelle noted was Jermaine Brownlee, a skilled construction worker and apprentice plumber, “saw his wages drop sharply as he scrambled for odd jobs and temporary work,” Yellen said.

Brownlee said in a telephone interview that he was convicted of possession of heroin last year and currently is on parole.

The story beats the facts...

Yellen met personally with both people and knew about their records before the speech, according to a Fed spokeswoman who requested anonymity and declined to comment further.


Politicians commonly tell real-life stories to connect with voters and illustrate policy proposals. While the images can be powerful, there are risks.

But why would she need to do this? To ensure we all graciously accept money printing for the good of the rest of the people (convicted or not?)

The fact that Yellen omitted critical details about Poole and Brownlee shows “poor staff work or poor judgment,” said Republican strategist Stuart Roy, founder of Strategic Action Public Affairs in Alexandria, Virginia.


Real-people examples are very powerful and they’re very dangerous at the same time,” Roy said. “When you’re talking about the Fed, people have no idea what the Fed does. If you can relate it to Main Street and real people it can be very powerful.”

Powerful indeed... or just more smoke and mirrors... As we noted yesterday...

But there is something about the aftermath of the Great Recession, a something that is augmented by Big Data technology, that has made it okay to embrace public misdirection and miscommunication as an acceptable policy “tool”. It’s telling when Jon Stewart, a comedian, is the most authentic public figure I know.


It’s troubling when I have to assume that everything I hear from any politician or any central banker is being said for effect, not for the straightforward expression of an honest opinion.

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medium giraffe's picture

The people in charge are fucking incompetent liars?  I'm amazed, frankly.

Headbanger's picture

This has to get the "WHAT THE FUCK AWARD OF THE YEAR" !

Looney's picture

Bernanke-bitch was a bit more subtle about the Fed’s questionable role in “job creation”, but this Yellen-bitch does truly believe that the Fed CREATES JOBS… Could somebody please BTFD (beat the fucking dumbness) outta her?  ;-)


eclectic syncretist's picture

For fucks sake people, Tylers, ect...... The Feds main job or purpose, with regards to the populace, is to hide the truth.  When they say that one of their primary roles is to maintain confidence in the monetary system what they mean is lying is a matter of policy.  What the hell do you think they're going to say, "we just make this employment and price stability mouthpiece bullshit up as we go along, because it provides cover for what we really do, which is enrich the banksters at the expense of the populace"?  Now that would be telling the truth.

Oracle of Kypseli's picture

I am wodering if they should make them swear to tell the truth when testifying, It is a crime to lie to Congress anyway. Why do they let them get away with it?


Richard Chesler's picture

Perhaps she just can't tell the difference between common criminals and her circle of bankster/politician friends.

nickels's picture

When you start to bolster your narrative with toxic anecdotes it's time to get new writers.

TheRedScourge's picture

"It’s telling when Jon Stewart, a comedian, is the most authentic public figure I know."


mfw Jon Stewart heavily edits his non-live interviews to make non-socialists look out of touch and heartless, and fights for a higher minimum wage while using unpaid interns almost exclusively, and then people say he's the most authentic public figure they know.

fonestar's picture

Why should some conviction from years before hinder a person from working who wants to work?  Can a person without a record bang nails or use a drill any better than someone without?  More moralist-government meddling in the free economy causing distortions and unemployment.

And being in possession of heroin is a medical issue, not a criminal issue.

medium giraffe's picture

Inclined to agree foney.  Once the punishment has been completed to the satisfaction of the legal system, on what basis should there be further punishment (i.e discrimination)?  Are we to believe that time spent in prison is an inadequate punishment that warrants further discrimination after release?  Are we in fact saying that punishment as decreed by the judiciary system is not fit for purpose?


Herd Redirection Committee's picture

Prisons lost sight of their role in 'rehabilitation' a long, long time ago...

SandiaMan's picture

Lets start calling what it is




This is not a government

Anusocracy's picture

The consideration is not so much what they did, but what kind of person they are.

There are 7+ billion people on the face of the earth and absolutely no reason to promote the wellbeing and reproductive success of the low-lifes.

The benefits of civilization should be shared only by the civilized. Fuck the rest.

silverserfer's picture

fonestar thinks beating off on the street corner in urine soaked clothing is a good thing to put on a resume. refrences also include: a purple dragon named Tabatha who is always trying to talk him into taking off his clothes for a dollar.

fonestar's picture

fonestar had nothing to do with Kony 2012.

silverserfer's picture

only beacuse he diddnt accept bitcoin for his campaign contributions. 

detached.amusement's picture

be sure to skip the felony theft one, you get convicted of that and you deserve to be jobless.

Squid Viscous's picture

is that a picture of her at the eternal flame of the holohoax?

drendebe10's picture

"There ain't nuthin uglier than an old white woman."  Frrd Sanford

BurningFuld's picture

This is caus' two out of three people in the US have criminal records. So this was an accurate population sample.

Sorry USA people but you have more people per capita in prison than anyone else on earth.

john39's picture

that's because, in the land of the free, simply living day to day violates dozens of federal and state laws...

StychoKiller's picture

"Your fate is dictated by your convictions (said the Warden to the inmate)."

mr1963's picture

You guys are not thinking, this is all part of the scheme. Holder giving felons back their right to vote, coupled with this Yellen speech, is creating a new protected class. Add on top of it you can no longer NOT hire someone becuase of their criminal background, and you have the next wave of democrat voters. Sorry, they're all (obalmer, holder, yellen, pelosi, reid) complicit in one scheme, keep themselves in power, and they need votes to do it..

Raisuli's picture

The Right judged them, so the Left reaps the reward. Yup.

Meremortal's picture

Speaking of criminals:


The paper (PDF), by Christian Decker and Roger Wattenhofer of ETH Zurich University in Switzerland, describes a close examination of all bitcoin transactions from January of 2013 to February of this year. Their findings are essentially that Mt. Gox's claims that over 850,000 bitcoins — worth hundreds of millions of dollars — were lost to the bug simply can't be true.

Meremortal's picture

Since we are talking about criminals, this just in:


Former Bitcoin Foundation vice chairman Charlie Shrem in plea talks, prosecutors say; accused of conspiring to launder currency tied to Silk Road - @BloombergNews

Meremortal's picture

"Former Bitcoin Foundation vice chair Charlie Shrem in plea talks, accused of conspiring to launder currrency..."                                              

daveO's picture

I'd love to see Yellin accompany a guy named Jermaine to the local Bank branch of JPM. Then, give them that hard luck story while Jermaine robs them at gunpoint.

Bearwagon's picture

We could have known. After all - aren't there some similarities between heroin and hopium?

Silversinner's picture

In a police state almost evereybody has a criminal reccord.

Think of prisoners as revenue and cheap labor.


tarsubil's picture

In soviet Amerika, living is crime.

Blano's picture

In Soviet America, crime convict you.

tarsubil's picture

That's it. I knew there was a Yackoff Schmirnoff joke here. I just couldn't find. Thanks.

Cacete de Ouro's picture

Yellen should have used Jon Corzine as her example. No fear of him ever becoming a convicted felon.

machineh's picture

And Jonathan Pollard, the convicted Israeli spy that Obama's scheming to release, also has a criminal record.

Squid Viscous's picture

Have to throw Bibi a bone - so he will halt "settlement" work for a few weeks- so we can pretend to have "peace talks" which will fail miserably as intended - wash rinse repeat...

Herd Redirection Committee's picture

I have to say, my jaw dropped when I saw the US would release a spy, and in exchange, Israel will TEMPORARILY HALT SOME CONSTRUCTION occuring in Palestine/aka not in Israel/aka 'in occupied territory'.

Really?  So they aren't even willing to halt construction OUTSIDE ISRAEL completely?  Good luck w/ those peace talks!

101 years and counting's picture

if the incompetent monkeys runnning the fed let the economy "reset" in 09, we would have bottomed out in 2011-2012 and we'd be in a much better position right now. as it is, we still have to bottom out, which will be 2-3X more painful and long than we would have faced.  thanks, you fucking criminals running the printer.  may you all face an eternity being tortured in hell.

Squid Viscous's picture

Felony theft, sounds familiar...

Seasmoke's picture

Never stopped public unions from hiring them, they love thugs 

TideFighter's picture

After considering the crimes she has committed and will continue to commit, heroin is barely a misdemeanor.


Steaming_Wookie_Doo's picture

Yeah, she's like the next "christian" bombing large swaths of civilians in a "just war"...but I have to say it's a reach for the 1st example, where the action was 20 yrs ago (long past any required disclosures, statute of limitations). And she was only on probation. As for the 2nd guy, construction's always a bitch, and I can't imagine someone on smack would be especially vigorous in executing their duties...

Confused's picture

Doesn't change the fact that there are not enough jobs. But thats ok. The corporations will continue chasing cost cutting measures to boost bottoms lines. Got to make sure that year end bonus comes in. 


Side note: A representative from the state speaks, assume its a lie. 

adr's picture

Plus ship more of our beef, milk, cheese, etc to China making it even harder for Americans to make ends meet.

daveO's picture

Don't worry. Yellin will print more money to fund those Food Stamps regardless of price.