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Janet Yellen Is An Insult To Americans
By Raul Ilargi Meijer of The Automatic Earth
Janet Yellen Is An Insult To Americans
Dorothea Lange Siler City, North Carolina Jul 1939
If you’re a girl and you’re old and you’re grey and you’re the size of a hobbit, who’s going to get angry at you? If your predecessor had all the qualities anyone could look for in a garden gnome, and his predecessor was known mainly as a forward drooling incoherent oracle, how bad could it get? Think they select Fed heads them on purpose for how well they would fit into the Shire?
Janet Yellen has a serious problem: the story no longer fits. The Fed under Bernanke said in its forward guidance that it would taper if certain job market conditions were met. And now they have been, at least on paper, but Yellen knows only too well that those are not the real numbers [ZH: as we explicitly warned would happen in December 2012].
She’s acutely aware of how the BLS calculates US unemployment numbers. She knows about all the millions of people who are not counted as being in the labor force anymore, all the millions who are forced to work part time jobs, all those working more than one job just to make ends meet, and all of the above who simply don’t bring home enough money at the end of the month to pay the bills.
She knows it all, but she has to go by the official numbers, lest the US government looks like a bunch of manipulative inglourious lying bastards. So this afternoon she once again went off into that staple most boring and elaborate speech this side of your least favorite librarian. It’s a routine job for Janet.
But imagine, or maybe you don’t have to because you actively experience it on a daily basis, that you’re unemployed or you’re working 3 jobs or you’re simply just scraping by and still always falling behind, you got credit card debt, maybe a looming foreclosure. And then Janet Yellen speaks, at Jackson Hole, an event you will certainly never be invited to, but she talks about the policies she and her minions decide on that will greatly influence your life too.
How about this fine paragraph courtesy of her spin writers:
… wage developments reflect not only cyclical but also secular trends that have likely affected the evolution of labor’s share of income in recent years. As I noted, real wages have been rising less rapidly than productivity, implying that real unit labor costs have been declining, a pattern suggesting that there is scope for nominal wages to accelerate from their recent pace without creating meaningful inflationary pressure. However, research suggests that the decline in real unit labor costs may partly reflect secular factors that predate the recession, including changing patterns of production and international trade, as well as measurement issues. If so, productivity growth could continue to outpace real wage gains even when the economy is again operating at its potential.
If you’re an unemployed American, like millions of your fellow country(wo)men, what are you supposed to think about that, or do with it? If you’re busting your behind just to feed your kids, and perhaps provide a decent education for them, so they don’t end up in the streets in some gang or drug operation, what do those words mean?
Janet Yellen is not talking to you. But she IS talking about you. Just in a language you don’t understand. And that you’re not supposed to understand. Or she would choose to use different words. Yellen and her fellow ” the ring is mine” chasers won’t invite you to their meetings, and they won’t talk in a language that relates to you. They will, however, make decisions that affect your life, and often to a great extent.
What Yellen said in her speech today is that while she’s bound to go by the official numbers, she knows very well those numbers have very little to do with the reality Americans experience in their lives.
Which is why she says things like:
More jobs have now been created in the recovery than were lost in the downturn
And follows up with:
... it speaks to the depth of the damage that, five years after the end of the recession, the labor market has yet to fully recover.
More jobs created than lost, but the job market hasn’t recovered. Go figure. Yellen could tell the BLS to redo their numbers, but instead says “the labor market has yet to fully recover”, which is a polite way of saying it’s a mess out there (always note the choice of words). More Yellen:
I would like to provide some context concerning the role of the labor market in shaping monetary policy over the past several years. During that time, the FOMC has maintained a highly accommodative monetary policy in pursuit of its congressionally mandated goals of maximum employment and stable prices.
This in nonsense, and she knows it very well. The Fed’s ‘highly accommodative monetary policy’ was never aimed at the job market, and even if it were, it failed so badly, once you count part time and poorly paid and not in the labor force, that it should have been abandoned. Instead, the policy was – always – aimed at keeping banks standing up, zombified as they are, at the cost of the people scrambling for their share of the jobs market, and their children too.
As the recovery progresses, assessments of the degree of remaining slack in the labor market need to become more nuanced because of considerable uncertainty about the level of employment consistent with the Federal Reserve’s dual mandate
How empty can a speech be? What does this have to do with Americans who only seek to feed their kids? How is this not mere gobbledy gook designed to put the unemployed to sleep while their few remaining future resources are being looted?
As an accounting matter, the drop in the participation rate since 2008 can be attributed to increases in four factors: retirement, disability, school enrollment, and other reasons, including worker discouragement. Of these, greater worker discouragement is most directly the result of a weak labor market, so we could reasonably expect further increases in labor demand to pull a sizable share of discouraged workers back into the workforce.
Indeed, the flattening out of the labor force participation rate since late last year could partly reflect discouraged workers rejoining the labor force in response to the significant improvements that we have seen in labor market conditions. If so, the cyclical shortfall in labor force participation may have diminished.
I’m going to leave it at this as far as quotes are concerned. I’m bad at never ending empty. And that’s all Yellen has to offer.
Janet Yellen was brought up with the idea of economic cycles. The short term ones. She doesn’t look like a huge 70 year Kondratieff cycle afficionado.
The scary thing about these people is that they seem to believe in what they say. Which is based on some hodgepodge stew of Keynes and Milton Friedman, not exactly people with proven track records outside of college class rooms.
But wouldn’t you know, while Janet did her show and tell, the international financial press is overflowing with experts and analysts who insist Europe’s state is so bad that trillions of euros in not even yet existent taxpayer money must be thrown at whatever the problem is Europe have got.
The only counter voice is Germany, but Germany landed a negative GDP number. So the pressure on Draghi continues. From all the people who claim that QE has been such a great success in the US and UK. Which sounds cute as long as you don’t count all the debt added to get to what US and UK seem to be at now. Without adding that debt.
London and Washington look good for now, but then so does China, which has launched more debt into the new global stratosphere than anyone else. Will that end well? How about Japan, which has QE’d itself into a trough we will only see the true despair of as we go forward? How good do they make US and UK look? Beyond next week?
All these people who sing the praises of QE, and who say Europe should pour in a trillion or two, they live in their rear-view mirrors. Thay want to go back to what once was, and at all costs. But how realistic is that? And moreover, how wise is it? Do we really want to return, even if it were possible, to, let’s say, the situation of 10 years ago?
It may be tempting when you look at certain sets of numbers, like GDP growth and housing markets, but once you realize all that was achieved only through a huge accumulation of additional debt, is it still all that attractive? And do we really want to risk adding more debt, before the old piles are paid off or restructured, just to return there?
Europe’s problem is the entire western world’s problem: people don’t spend nearly enough to keep the economy growing. And it’s not as if nothing has been done to lure them into more spending. The thing is, you won’t get there by making them borrow. People will spend more only when they have more. But rapidly increasing numbers of them have precious little. And if they don’t spend, you’re not going to get more of the so-called inflation (which is defined as rising prices).
It’s a dead end street, the whole thing. There’s only one school left in economics, and it was never a serious field to start with, let alone a science. But the nincompoops who emanate from the various schools and universities end up having an enormous influence on government and central bank policies, all at the cost of you and me. All they have is theories about how things should go, but nothing for when they don’t.
Central banks exist to protect banks, and the banking system as a whole, from danger. They pretend that they protect the larger economy, and the people on Main Street, but that’s just a convenient little story. Enhanced by the idea that what is good for banks is also good for you. Which is absolute baloney, but it works like a charm.
More often than not, banks’ interests are 180º opposites of Main Street, they certainly demonstrably have been since 2007. But then, how would you ever know? The Fed and Wall Street and Washington and all the media that are supposed to inform you but in reality promote only their propaganda, have got an iron grip on how the picture is painted.
So what if the banks themselves are the danger, and not the real economy? Well, then you’re out of luck, because the first thing on the agenda is always to save the banks, no matter what its costs Main Street or the children of Main Street.
And that’s why Janet Yellen holds stupid and insulting speeches like the one today. To tell you that she knows, but she just doesn’t care.
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“A Mexican, a Jew and a colored guy walk into a bar.
The bartender says, ‘Get the fuck out.’”
the mexican, jew and black then proceed to tell the bartender
"Your right to throw us out of your bar is exactly what we fought for"
As they pull out ther Bitcoin receipts for campaign contribut… Wait, Bitcoin is untraceable. Never mind.
"Fought for"? In 1776? Those three fought for that Right in 1776? What history books do you read?
...And the bartender says, "Sorry fellas, we don't serve no coloreds in here."
Jefferson Davis: "In that case, I secede from this group. Give me a mint julep."
Abraham Lincoln: "By the power vested in me as the President of the United States, I proclaim that black man always and forever free. Now go get the drinks, Al. Make mine a double."
John Kerry: "I was for the coloreds before I was against them. No wait!...I meant...oh, shit...Is this mike still hot?"
Al Sharpton: "Watchoo think because I'm black I'ma automatically order collard greens? I suppose you don't serve no fried chicken and watermelon, neither. Ain't that right, massa?"
Laughing so hard, can barely breathe. Thank you for starting my day with humor.
Will she step down "to spend more time with her family" soon?
The Fed and the Banks don't work for you. You work for them. Once you understand that her pablum serves it's purpose.
Bingo!
who actually believes this ole babe is anything other than a figurehead mouthpiece?
Fine, agreed. But in that case, let's peel back the layers of the onion. Who's behind her?
"Top Shareholders of the Prime Dealers"? Is that gonna be your response? Names please.
Let's start making a List. We'll check it once, we'll check it twice. We'll see who's been naughty or nice.
Does this mean I can't get that brand new Escalade, no money down, zero interest for 5 years with a $16,00 rebate and a new golf cart, and a live time Handicap Parking License Plate?
Excuse me sir, but if you have evidence that you just illegally walked across the border, you can have all that plus, we'll even throw in free healthcare, an Obie phone, an unlimited supply of section 8 vouchers, welfare, disability and unlimited black EBT card!
Don't foget the goddamn floormats.
Why were her predecessors NOT "an insult to Americans"?
Because all the young males remember having Libertarian orgasms when Greenspan said the banks were self-regulating because the management was Randian virtuous.
And?
What IS all this hand-wringing about the Trash Class? When has the Trash Class mattered in the country? This great-n-glorious nation didn't get great-n-glorious worrying about about the LOSERS ! It got great-n-glorious by rewarding the winners, and providing OPPORTUNITY to WIN!
This is why all REAL Mericans have always wanted and supported a survival-of-the-fittest society; to determine who the winners are, and who the trash is, and to cull the trash from society.
Platitudes and cliches from the talking heads such as Yellen.
Their speeches are meaningless given the situation each country is in.
'The Wilson Administration was an insult to Democracy!' Yellen is just a lineage of incest,... aborted Shylock's placenta mutated over a century of satanic moneychangers. Period!
Listen up,... Big`Daddy Warburg: "The Federal Reserve Board Nominations" http://archive.org/stream/independen79v80newy#page/n89/mode/1up
http://www.federalreserve.gov/aboutthefed/bios/board/boardmembership.htm
Note: Delano's (Roosevelt's http://en.wikipedia.org/wiki/Delano_family ) term expires 7/2/18 and yours truly, Warburg's term expires 8/9/18, with WWI officially ending 11/11/18!!!
NICE!!!
Nevermind all this, I just want to know if Yellen is closely related to Newt Gingrich
Yellen and Butthead.
Kill the revolutionaries. Shoot them down like dogs!
http://sd.keepcalm-o-matic.co.uk/i/keep-calm-and-watch-the-world-burn-9.png
Yellen does look like a Hobbit, lol
Spot-on Tyler.
Hobbits are equally fake, but far more endearing.
Yes its a huge pile of shit, and it will stay that way. That's our life from here on out, unless enough people actually want to do something about it.
Naaa, nothing wrong yet. Trash Class has enough food and bling, the Elysium Class and Elysium Support Class are very happy.
Besides, who has time for a revolution when there's so much on TEE-VEE?
Janet Yellen has been head of the Federal Reserve bank long enough that we no longer need to speculate as to her job performance. As we begin to critique her ability to perform we must remember perception is often just as important as reality. Another issue that comes into play is how you stack up or compare to the person who held the position previously, this often extends to style as much as it does to substance.
As expected it appears Janet Yellen has chosen to take us down the same the rabbit hole as Bernanke on a journey to prove that if we just continue doing what is not working, all will turn out fine. Caution, this path leads down, and down, and down, farther and deeper then most can ever imagine. If asked to critique "Old Yellar" now playing in theaters everywhere I would by way of the reasoning above have to give her the maximum two solid thumbs down. More on this subject in the article below.
http://brucewilds.blogspot.com/2014/05/yellens-job-critique.html
Yellen was chosen for her very unique and special qualities.
She is a woman. She is basically a spokesperson. People tend to back off from levying harsh oral criticism toward a woman, as they would a guy.
She looks helpless and genetically challenged. You feel even worse going ballistic on her, no matter how idiotic and disingenuous her explanations are
She is obviously a tribe member. They will no longer entrust the most prestigious and influential financial position in the world to a mere goy.
Just looking at her is comic relief
What a no brainer. The broad was a shoe in!
People tend to back off from levying harsh oral criticism toward a woman
Hillary Clinton says thank you !
NIMBY they don't ........... lying goblin bitch
Insult? If it were only so harmless.
the budget for "law enforcement" in the usa
has increased lately because, in the usa,
mental health services have been foisted on the
police force and, consequently, given their
expertise, training and particular circumstances
the solution to mental health problems has become
public execution in broad daylight of the mentally
disturbed. no one could see that coming and
there is no one to blame, victims all around, right?
.
poverty begs the same solution in the new world
disorder where the fed behaves as an international
5 star kitchen, serving up the "american" experience
as a buffet to the oligarchs of international gluttony
infamy. yellen works for the banks, correct. the banks
feed on the nation, correct. her job is to tenderize
the meat, spice the stew and serve the dish hot, correct.
the hobbit loves the pre-noon and post-noon meals and someone
mentioned that a society or culture glorifies it's chefs most
just before collapse. hmmm?
.
"no matter how cynical i get, i just can't keep up." l.t.
something like that.
.
guns and butter
Friday August 22 9:00am 1 hour
News
http://archive.wbai.org/#ankor8
.
short summary: the mob has and does run this show, all of it.
the media is there to tell you it is all for your own good.
most people behave, vote and believe accordingly and that is
why there is so much more doom to look forward to. good day.
Where did itgo wrong?
http://andreswhy.blogspot.com/2008/05/markets-money-and-lies.html
“In a hole in the ground there lived a hobbit.”
-Tolkien
I'm not sure why you are attacking Yellen, she is saying the right things even if the language is Ye Olde Hobbitonian. She didn't initiate QE and ZIRP, and has been (very) slowly curtailing it. Do any of us know what happens next when it is finally turned off? Hobbits don't like change, much less trouble.
So far I believe this zero-volatility is a new thing she is responsble for initiating even before she was the Thain. And as she does whatever she does about QE and ZIRP she will accumulate karma, or whatever the Middle Earth equivalent might be.
Did Bernanke give a rolling f' about jobs and labor? Sure doesn't seem so.
For millenium her anscestors were circus barkers and fortune tellers. But, the really sick part are the 2 million dead arabs that were killed by US dollars stolen by the FED to fund the destruction of the mid-east.
Just sayin. Could have been was/is other Central Bankster also. And, you better believe that they intend to do the same here if they feel it is necessary.
End the FED!
We need "Open Season" on all Rothschilds/Rockefellers!!!!!!!!!
Hey ZH writer dudes, stoping acting so naive.
Whether things got fucked in 1956 when M King Hubbert predicted the world was going to run out of crude oil or when Grover Norquist lingually polished Ronald Reagan's knob with the tongue with which he both manipulated his food and the leader of the free world.
By the time in early December 1996 when Greenspan famously referred to the tech market as being one of 'irrational exuberance," BUT DID NOT RAISE MARGIN REQUIREMENTS, I knew along with every other amature economist, that the game was up. That our collective ass was grass and the Fed was the lawn mower. (In vain I had doubled down on my gluteus maximus work at the gym and now knew I would never get on the cover of 'Men's Health'.)
Everything from that moment on had been one form of redistribution of wealth or another. From the busting of the NSDAQ bubble at 5000 in March 2000, to the halting of trading after 911, to the palmy days of selling tranches of sub-prime MBS round and round the world, to the recession of 2007, to the crash of 2008, to the DJIA bottom in march 2009 when every three-legged dog knew the Fed was printing both money and stock buy orders for 28 of the 30 Dow Industrials.
Since the end of 2008, the quick and dead have known that the Fed has been making up numbers to K-Y assist the slipping of America's throbbing, tumescent capital deep into the sphincter of Wall Street.
So what do the Zero Hedge Guys/smart alecs do? They mock Yellen's pee wee stature. And the grey hairs of her head that have been numbered by the Lord.
(I wonder if the number of hairs on her head are subject to revision?)
I did up arrow you but I don't agree that the critique was *really* about her hobbit size.
That midget talk is just anger but the message was that she fails to be concerned about the REAL economy...you know, people working and paying bills and trying to make ends meet?
It's Friday and if you can't kick an evil midget on Friday, then when can you?
I know it wasn't about her hobbit size. Yellen is a employee of the Fed who drank the kool-aid when she got the job. Just as most Treasury, Commerce and Labor hirees have so imbibed.
I find her less offensive than Greenspan who devised the fraud that began in 1990, and got out before the bubble burst. And less guilty than Bernanke who so skillfully got all the Fed's ducks lined up in a row and then got the hell out when the world still thought there was a recovery afoot.
Enter the poor nebish, Janet Yellen, the bag holder. Clearly, the obliteration will come during her watch.
Just as Fate deigned that the destruction of America should be under a black president (racist) it also deigned that the mighty US economy should irretrievably collapse under a Fed Chairwoman (sexist).
I warn you it is a fool's errand to try to figure out how Fate ticks.
"amature"
Wow! Another "Hooked on Phonics" graduate!!!!!!!
Tuco
This sort of malicious cluelessness is emblematic of the incompetency of the Obama Administration. You don't get this level of mindless wrong headed certitude without a strict adherence to ideology over all evidence. From Holder to Lew to Perez to Clinton/Kerry, from Hagen & Sotomayor to Mr. Yellen, to Clapper and Rice, you have a murderers' row of universe class self righteous misguidedness. We may not survive this...
Obama has lost control of whoever speaks for the Administration, be it some young thing at the State Department or, most recently, Rear Admiral John Kirby, the Pentagon press secretary, who told a briefing. "Russia must remove its vehicles and its personnel from the territory of Ukraine immediately. Failure to do so will result in additional costs and isolation."
i saw that and said to myself
"who the fuck does this shit head
think he is speaking for?"
just me wondering to myself.
And guess what folks? Mom and Pop, Grandma and the widows and the orphans haven’t all been lured back into the stock market. In January they had parked $10.8 trillion in deposits, cash, bank accounts and money-market funds compared to less than $8 trillion at the start of 2007.
Wrote Jim Quinn recently in This Is Your Recovery With and Without Drugs: “The entire stock market advance has been created on record low trading volumes and record high levels of monetary manipulation. Even though the Federal Reserve has driven senior citizens further into poverty with 0% interest rates, those with common sense have refused to be lured back into the lion’s den. They have parked record levels of fiat in no interest bank and money market accounts. They are tired of being muppets led to slaughter.
“Quantitative easing was supposed to force little old ladies into the stock market and consumers to spend their debased dollars before they lost more value. The spending would revive the dormant economy just as the Keynesian text books promised. It didn’t happen. The peasants haven’t cooperated. Quantitative easing and ZIRP sapped the life from the middle class as their wages have stagnated and their living expenses have skyrocketed. Mission Accomplished by the Fed. Of course, the CNBC bimbos and shills would declare this $10.8 trillion to be money on the sidelines ready to boost the stock market ever higher. I love that storyline. It never grows old.”
As for the stock market: “Let’s look at the amazing stock market recovery without Federal Reserve heroine pumped into the veins of Wall Street banker addicts. If you divide the S&P 500 Index by the size of the Federal Reserve balance sheet, you see the true purpose of QE1, QE2, and QE3. It wasn’t to save Main Street. It was to save Wall Street. Without the Federal Reserve funneling fiat to the .1% banking cabal and creating inflation in energy, food, and other basic necessities for the 99.9%, there is no stock market recovery. The recovery has occurred in Manhattan and the Hamptons. It’s been non-existent for the vast majority of people in this country."
Housing? “It’s been nothing but a confidence game based upon the Fed’s easy money and the Wall Street scheme to buy up foreclosed properties with the Fed’s money. The scheme was to artificially boost home prices by restricting home supply through foreclosure manipulation, in order to allow the insolvent Wall Street banks to get out from under their billions in toxic mortgage loans.
“Shockingly, the Case Shiller home price index has soared by 25% since 2012 despite first time home buyers being virtually non-existent and mortgage applications plunging to 14 year lows. How could that be? ... I wonder if the Federal Reserve balance sheet increase of 50% since 2012 has anything to do with the new housing bubble…
“The Fed/ Wall Street scheme has priced young people out of the market and has failed to ignite the desired Keynesian impact. Investors/flippers account for 34% of all home sales. Foreigners with no knowledge of value metrics account for 30% of all home sales…
“If ever you needed proof of the confidence game in its full glory, the chart below from Zero Hedge says it all. Mortgage rates have been falling for the past year, home builders have been reporting soaring confidence about the future, and the National Association of Realtors keeps predicting a surge in home buying any minute now. One small problem. Mortgage applications are in free fall, new home sales are at 1991 levels, and existing home sales are falling…
http://www.marketoracle.co.uk/Article46957.html
I can't read Quinn. He's too depressing.
I so totally agree with Quinn's assessment...except for the association of current policy with Keynes.
This is all just a big PONZI scheme cooked up to bloat the wealth of a select few at the expense of the rest of us. Yes, the propaganda is so patently ridiculous but we all individually are wondering who is falling for it and wondering if this fantasy is actually more important than reality when it comes to the housing market.
Flippers are still making money. But home builders have yet to really pursue building single family homes so they certainly know the long game here. Builders are building rental apartments as that seems to be the new American dream...rent for life/perpetual serfdom.
But back to Keynes, he would run in horror from this house of cards and would not recognize the total inability of Congress and the president to engage in Fiscal infrastructure spending to bring unemployment down to a healthy 3-3.5% rate.
And Keynes would be appalled that we can't seem to raise taxes on the wealthy to balance budgets for war and spending, that we are running perpetual trade deficits, that we are pursuing pure monetary policy with QE and ZIRP in a economy that does not need new production facilities but, rather, needs more wealthy consumers.
No, Keynes has nothing to do with our current policy choices. Look to Alan Greenspan, Ben Bernanke, Paul Geithner, Janet Yellen...not Keynes.
Those you are not allowed to criticize are the ones who control you.
The Tribe...... Shhhhhhhhh !!!
I protest. This is infringing on the civil rights of small inconsequential Hobbit-like people.
Raul, nice work.
If the financial media were to do simple translations of what she said and what the FED is actually doing, the public would take to the streets. We are being robbed; skinned alive.
Anyone who planned to earn modest interest on their retirement nest egg is hanging out to dry. The government gets to spend another half trillion that's not returned because of ZIRP.
The politicians are all (except a few such as the Pauls) hiding behind all this Fed BS. They and Barry are betraying America bigtime.
As a start, we ought to vote every incumbent out of office.
Every time I look at Yellen I see her with a bone through her nose, wearing a grass skirt and shaking a skull on a stick.
She is a very funny joke, just like Obama is a very funny joke (at least very funny to the people who put her and him there). No one ever said that the owners of this world don't have a sense of humor.
I bet she takes herself seriously ... more's the pity.
.......yeah I hold the same basic sentiment regarding the last several rounds of executive office holders at 1600 but wrt the FED why oh why that frickin gargoyle greensap was ever termed the maestro - implying some form of intelligence is beyond me - watching the lame street econotards drooling over his cryptic bullshit was fucking painful in the extreme and I know the motherfucker was laughing his ass off watching these same idiots trying to figure out his code speak - I could just imagine him in the green room laughing hysterically at thier inability to understand all his bullshit had the same core message - you are all so fucked - oddly enough Carlin, a comedian of all people, cracked the code decades ago; there's probably a message in that for all of us who lack a wide angle view of the world........
People here are too smart to see that. They talk of paradigms and hopelessness. Frustration seems to be centered on Joo hating at the present. We have a bunch of dumbass leftists running this country "folks"......Head Choomer is best afro-mative action can provide.
Amongst the hopelessness that abounds here I will predict reality meets Marxist at the Obamacare, free borders voting booth in November.
Your anger at "leftists" and "marxists" in the context of this article focused on a insular class of neoclassical banking/financial center operatives is WHACKO-STUPID.
I hope you take this seriously:
Play, you're not getting an education from whatever media source you are using.
These people are anything but Leftist or Marxist.
True, neither leftist nor marxist, but the word "evil" does have a ring to it.
they hate her 'cos she has tits.
Just like they hated Ben 'cos he has cojones.
What we really need at the head of the Fed is a species with no tits and no cojones; I think Lady Lagarde fits the bill by her own declarations when she discussed the shortcomings of her predecessor at the IMF.
E.T comes to mind, if only Spielberg will let him play the spiel (game).
The right vs left paradigm is as phony as William Jefferson Clinton's next sentence. Speaking of cokehead. I have a theory that the name "ISIS" came from Bill's deposition where he says, "well, it depends on what your definition of "is is".
Have you not noticed that it matters not if the right or left is in power in WDC. We lose our freedoms either way.
Tuco
"Janet Yellen is an insult to America"
America has become an insult to America.
Now that hit the nail on the head. Very surprising to see this on ZH.
(Truth Telling on this level is rare).
Yes: Yellen has a constituency but it is not the working people but is the financial class.
Yes: Yellen knows that Full Employment is legislatively mandated at 3% or less unemployment. It is law.
Yes: Yellen ignores this law and pretends that our real 15-20% unemployment rate is actually only 6.2%.
Yes: QE is a crazy bad idea except that it makes bankers very wealthy. Oh, right! That was the whole point.
YES: Yellen's speech is one long insult to our collective intelligence.
Yes: Yellen is a evil little hobbit of a human being who so insulated in her Shire from real people's plight that she probably has never heard of the Ferguson riots or of people so poor that they prostitute themselves to make ends meet.
So what now?
We no longer have a democracy that works for the people who work for a living so I guess we need to fix our campaign finance system first, right?
Yellen is no less a prostitute ... just of a different variety. I have more respect for those who sell their body. At least they have an honest profession.
Why am I thinking of cottage cheese?
You are being too easy on her. She is only "prostituting herself" if she actually has a conscience and is ignoring it.
If, however, her total insulation from the trials and needs of real people has, as I suspect, left her a functional sociopath, as one who objectifies working people as just chattel, then Yellen is NOT really prostituting herself.
No, no. Yellen is farming us all like barn yard animals for the needs of her-people, those who SHE thinks are worthy of real consideration and compassion.
Rather than prostitute, in this sense she is just a happy nasty hobbit joyfully cutting the throats of us all to make blood pudding. Yummy!
Nov, I hear ya. The only time Yellen sees the people is when she looks down to see what she is scraping off her shoe.
and gollum is never shy to impress with
"my precious" congress that has embraced
the monopoly that represents the fed and
its control of the debt money supply. i guess
the monopoly consists in controlling the debt
demand and the "script" supply simultaneously,
and on a psychological plane.
.
somehow, turning fertile land into
wastelands, a sort of reverse miracle.
mal-investment much?
Good one blindman.
They who borrow for free enjoy the arrangement..
But ZIRP is the biggest drag on the economy.....despite the geniuses opinons
A middle class rife with disposable and discretionary income is the biggest economic engine there is...
and the FED has taken that away as they removed any fair return on savings....
Japan is five years ahead of us on this...and look how it worked out, will work out
"A middle class rife with disposable and discretionary income is the biggest economic engine there is..."
Wrong! A middle class that "produces"goods and services is the biggest economic engine there is...
Tuco
She's a Matzo Ball with a brain arms and legs. Like one of those bad 1950's B movies.
Can you imagine the nightmare of waking up next to her in bed? Serious coyote case.
To summarize.. Your Fahked
Janet Yellen...along with the rest of the unseen cunts in the Federal Reserve, need to be taken out and slapped silly, stabbed, shot, drowned, poisoned...then shot again.....beaten with bats..lead pipes...
THEN RUN OVER BY A TRAIN OF TRUCKS....
then burned....
Words typed here cannot fully express my utter disgust at their lies, manipulation, arrogance, greed and in-humanity that these bankster elitist pricks and pussies have done to this once fine nation....
SOLD DOWN THE RIVER were we by the last 8 Presidents and the Congress of bought off corporate dicksuckers.
MAY THEY ALL BURN AT THE FUCKING STAKE!
And the doors and computers of their institutions closed forever, survivors are hunted down like NAZIs, so the entire system is destroyed and creative growth can begin anew.
Beetle, you summed it up nicely. Kudos!
As a private bank, Yellen's top priority is to protect the owners and provide free cash whenever she is told to. She probably knows with our trade deals and current competition for what few low paying jobs are out there, she can't do much anyway without Congress acting, and there's a snowball's chance on hell of that happening. It's public knowledge they could care less about inflation, so why would they care about jobs?
Until someone has the mindset to drag these people out of their comfortable limos nothing is going to change and of course good luck with not being executed on site for trying to do that act of courage.
Doesn't all Zerohedge member just want to run their fingers through her grey hair. She is so darling.
/i know that was a sick joke. I have a demented sense of humor. Carry on ZH Members.
Minus one for putting that picture in my head ...
I love how they hold these self-congratulatory cermonies in pure fantasy settings like Jackson Hole and Davos. That's a big "tell" right there.
Let them announce their next meeting will be held in Ferguson, then see how many invitees cancel a year in advance.
Babylon shitstem is the vampire.
She is not American. She is a treasonous DC US and Israeli dual-citizen. I am American; I am not a dual-citizen and cannot "return" when things get tough.
I am not insulted by her and her criminality, but I am making a list.
An American, not a US subject.
Every American should be compiling a list of known pol, crat, functionaries
(funcs), bankster criminals and gun and badge thugs, cops, in their sphere of influence--The Crimes Against the American People Database list (CAAP-DB)
Oath violating and treasonous gun and badge thugs, corrupt pols and crats, thieving banksters, etc. should be placed on it. Their names, crimes and positions should be, at a minimum, kept for future reference and trial.
When the DC US finally collapses, these lists can then be used to root out the known
criminals that will think that they can hide among their victims--no "Truth and Reconciliation" here.
if you have some proof of her dual citizenship present it.........
They ALL have the right of "return." Even more so those that have done Israel's bidding.
They are ALL dual-citizens.
An American, not US subject.
' You start a conversation and you can't even finish it '
'you are talking a lot but you're not saying anything '
( Psycho Killer )
All you need to know is that:
J Yell is a Jew.
Bernanke is a Jew.
Greenspan is a Jew.
Geithner is a Jew.
Lew is a Jew.
Orszag is a Jew.
Rubin is a Jew.
Summers is a Jew.
Blankfein is a Jew.
Fuld is a Jew.
Madoff is a Jew.
Soros is a Jew.
Cayne is a Jew.
Gensler is a Jew.
Fink is a Jew.
Strauss Kahn is a Jew.
Now,
Substitute any other ethnic group for those Jews. and what do you think the Jewish controlled media would be saying about them all being, say, Sicilians?
It is what makes polgrams so popular. It is just a matter of time. I would like to see the "necklace" back on vogue. Now that is real, spontaneous justice.
Kissinger is a zionist commie
Hillarious Clinton is a zionist commie
Myr Lansky was a zionist commie
Armand Hammer was a zionist commie
Al Gore is a zionist commie
FR
Congress
What they did to Germany 1918
LEARN NOW OR DIE, SLAVES
Central planners know what's best. They may talk over our heads, but they have it all figured out. Just think of how bad things would be without them. It's all for our own good.
To all the Jew hating commenters: This is about Class, not about race or religion.
Yellen is looking out for the people she rubs shoulders with and those who create the Financial-Guru-echo-chambers. She is insulated from the rest of us...that is NOT a conspiracy.
I truly do not think the little shit-bitch is trying to enrich folks just because of their ethnic identity. I get that the shortcut to Jew-bashing is irresistable to many of you but we won't find any truth or corrective changes with this attitude.
Jew-hating ? Get real the past three Fed chairmen have been Jewish - it is a statistical absurdity for such a sequence and the policies have been bizarre
“It might have something to do with the fact that the Federal Reserve Bank is a consortium of nine Zionist, Jewish-owned and associated banks with the Rothschilds at the head. By some accounts, the Rothschilds of London hold 57% of the Fed’s stock, which is not available for public trading."
- See more at: http://americanfreepress.net/?p=12120#sthash.KneE81pQ.dpuf
National Alliance wrote on 29-Mar-2010 that a calculator can show that, in fact, there is Jewish control of the Federal Reserve, that Jews have “been the Chairman of the Federal Reserve for 46% of the 96 years of the existence of the Federal Reserve, and a staggering 96% of the time during the last 40 years.”
Add an additional four years of Jewish control since 2010 and that brings Jewish chair control to 48 years out of the past 100 years; and virtually total control the past 44 years.
http://archive.org/stream/JewishControlOfFederalReserveBank/JewishControlFedFlyerSacramento_versionB_djvu.t
The Alliance’s 2010 List of the Jewish Chairmen of the Federal Reserve includes C.Hamlin, 10-Aug-1914 - 10-Aug-1916 (731 days); E. Meyer, 16-Sep-1930 - 10-May-1933 (967); E. Black, 19-May-1933 - 15-Aug-1934 (453); A. Burns, l-Feb-1970 - 31-Jan-1978 (2921); P. Volcker, 6-Aug-1979 - ll-Aug-1987 (2927); A.Greenspan, ll-Aug-1987 - 31-Jan-2006 (6748); B. Bernanke, l-Feb-2006 - 29-Mar-2010 (1517-).To complete the list Bernanke’s chairmanship lasted a total of 3287 days; Janet Yellen has served since Feb 03, 2014 or 201 days.NOTE:
It also must be remembered that it is the New York Federal Reserve Bank which rapidly assumed dominance over the System of which Benjamin Strong was head until his sudden death in 1928. He was one of the seven participants at the secret meeting on Jekyll Island. He became Governor of the Federal Bank of New York as the joint nominee of the Morgan bank (Rothschild) and Kuhn, Loeb and Company. He had a close working alliance with Montagu Norman – also Jewish - who was made Governor of the Bank of England in 1920.
From 1923 forward, the Fed’s open-market operations have been carried out by the NY Fed: as G. Edward Griffin says, “the money trust has always been in control."
Montagu Norman was NOT Jewish
A very bad mistake, thanks for catching it. A long-held misapprehension, I’m afraid, perhaps an assumption developed because Strong and Norman were devoted colleagues, both using the financial control of their central banks to establish a plan for controlling the world economy through central banks free from all political control – their meetings and communiqués always kept in strict secrecy - all their combined money machinations at the Fed and the Bank of England in the 1920s resulting in the Crash of 1929 and the Great Depression.
It’s telling that our business depressions are artificially precipitated, that the occurrence of the Panic of 1907, the Agricultural Depression of 1920, and the Great Depression of 1929 were during three good crop years and in periods of national prosperity.
Montagu Norman – also Jewish
Quote:
All things considered, however, it seems to me that Douglas's circumstantial case is one-sided and that the policy of which German-Jewish banking was the vehicle never had a specifically Jewish character. The researches of Carroll Quigley and Anthony Sutton (not, of course, available to Douglas) suggest this. Only one member of the Round Table, Alfred Beit, was Jewish. Montagu Norman was not Jewish, nor was Hjalmar Schacht; nor, of course, were Morgan or Rockefeller.13
Therefore, Douglas's circumstantial case regarding the German-Jewish elite in the century 1850-1950 may be valid as far as it goes, but it is only part of a bigger case. Just as a conflicted Christian church and "Sunday School" morality is the most obvious route of the Myth of External Authority into Europe, so in the century 1850-1950 and beyond, the financial policy carrying that myth was conducted by men of Christian culture like Morgan, Rockefeller, Norman, and Schacht. If men of German-Jewish culture had similar policies, it is not surprising, for in the history of ideas they were ideological cousins. Unquote http://www.alor.org/Triumph%20of%20The%20Past/DouglasandtheJews.htm
The writings of Douglas aside, it is impossible to trace the development of central banking in Europe without the influence of the Rothschilds. And to say that Rothschild agents, Morgan and Schacht opposed Jewish influence in central banking because they were not Jewish is nonsense. And as the eventual transportation of central banking to America on Jekyll Island shows the Rockefeller banking interests were very anxious to join with the Rothschilds and Paul Warburg’s Jewish banking model that he brought from Europe.
Here’s more about Schacht from the book Wall Street and the Rise of Hitler by Anthony C. Sutto:
p166
“We find persistent recurrence of the same names Owen Young, Gerard Swope, Hjalmar Schacht, Bernard Baruch, etc.; the same international banks: J. P. Morgan, Guaranty Trust, Chase Bank...
“This group of international bankers backed the Bolshevik Revolution and subsequently profited from the establishment of a Soviet Russia. This group backed Roosevelt and profited from New Deal socialism. This group also backed Hitler and certainly profited from German armament in the 1930s.”
Concludes Sutton: “In brief, we now have to consider and debate whether this New York-based elitist Establishment is a subversive force operating with deliberation and knowledge to suppress the Constitution and a free society.”
Schacht, Morgan and Norman are dead but Janet lives.
Jewish society is very heirarchical. According to Jewish law, in order to be a Jew, a person's mother must have been Jewish. If a person's father is Jewish and his or her mother was a Gentile, they are not and can never be Jewish. However, they can be and usually are members of Jewish society. Therefore, many of the people who are not Jewish are in fact members of the Jewish community.
Funny hoew it went from Patriarchy under Abraham to matrilinear in Israel
Volcker was not a Jew--he was raised Lutheran. Also the statistics are skewed by the fact that Greenspan served 19 years. But I know that racist, conspiratorial ZHers don't give a shit. Just like in Hitler's day, the Jews are the cause of all our problems. I like the source of your information--it's called: "Classic Jewish Lies #1." Hitler would've loved it.
Roni Sofer in November of 2008 in an “Israel Business” article on Ynetnews.com: Israel at Your Fingertips – entitled “Obama mulls naming Jewish economist secretary of treasury” – wrote:
“Former Federal Reserve Chairman Paul Volcker is on the shortlist for the US secretary of the treasury position in the Obama administration, Ynet has learned…? And went on to say...
"’The five years Volcker spent working with an Israeli team have made him well versed in Israeli matters. Should he be named secretary of the treasury or head of the Financial Council, Israel will have a friend there,’ he added. …
“Born to a Jewish family in New Jersey in 1927, Volcker attended Princeton University, Harvard and the London School of Economics. In January of 2008, he endorsed Barack Obama's presidency bid and was his closest financial adviser.”
http://www.ynetnews.com/articles/0,7340,L-3619625,00.html
“After leaving the Federal Reserve in 1987, he became chairman of the prominent New York investment banking firm, Wolfensohn & Co., a corporate advisory and investment firm run by James D. Wolfensohn (who later became president of the World Bank).
“In 1996, he took up the chair of the Independent Committee of Eminent Persons (Volcker Commission) to look into the dormant accounts of Jewish victims of the Holocaust lying in Swiss banks. This included a “massive accounting of Swiss bank records.” In the midst of a contentious process (the committee was formed by three Jewish representatives and three representatives of Swiss banks), he was able to bring about an agreement among the parties for a settlement of $1.25 billion.[19]”
Read more: http://www.answers.com/topic/paul-volcker#ixzz2PtP7zDEK
Educated at Princeton , Harvard and the London School of Economics, Mr. Volcker is Professor Emeritus of International Economic Policy at Princeton University and was the first Henry Kaufman Visiting Professor at the Stern School of Business at NYU.
http://www.un.org/News/dh/iraq/paul_volcker.htm
P.S. Volcker wrote the forward to Abe Foxman’s book, “Jews and Money” that looks at “some of the modern day purveyors of anti-Semitic stereotypes…”
Writes Volcker: “Foxman is forceful and convincing in setting the record straight, reaching back in history to identify the sources of anti-Semitic instincts, the twisting and manipulation of Jewish history and traditions.”
Volker understood the game perfectly. He knew that rewards could be rich for token goys who played that game. Thus his Faustian Pact with the race hustler Foxman.
Henry Ford 1st said that if the NYSE left in a single Jew that within a couple of decades it would be controlled by Jews, This on the basis that Jews would sell their seats only to their own while goys would, in the absence of any measures to the contrary, would sell to anyone. He was totally correct, and the same thing happened, and continues to happen, in other arenas.
And it's a statistcal absurdity that Jews have won 40% of the Nobel Prizes in Economics. I want a recount.
aw, fuck you. When 3% is wildly over-represented, for years, in media, banking, politics, and stories about the 'Jewish vote' it is worth discussing the facts of that over-representation and how it steals political and media power from others.
"Hate" may, but does not at all necessarily enter into it - only honesty.
Cut the bullshit with this "oh you just hate Jews" shit. Makes people ignore you, man.
Ok. I raise you Hitler and the Holocau$t.
Could it be that Jews are over-represented in banking, economics, etc because they are just better? Could it be that they have led the Fed more often because they are leaders in Economics? No, that would go against the conspiratorial ideas of ZH. From Wikipedia:
Nobel Prizes have been awarded to over 850 individuals,[2] of whom at least 20% were Jews or of Jewish descent, although Jews comprise less than 0.2% of the world's population,[3] (or 1 in every 500 people). Overall, Jews have won a total of 41% of all the Nobel Prizes in economics, 28% of medicine, 26% of Physics, 19% of Chemistry, 13% of Literature and 9% of all peace awards.[4]
(I know what you're saying, the Jewish banking cartel must have paid off the Nobel committee).
You have your cause and effect backwards. Because of an ascendent race, the problem looks like one of class. It is not. It is intentional.
This article sort of works, but is drowned out by a giant sucking sound which the author doesn't comment on. Also no comments on things like the incentive not to work vs working in places like USA...which is beyond the Fed's mandate. ....What is the biggest insult to America is the fixation of everyone on the Fed, and not structural issues and solutions in the real economy. ...a fixation which this article is aomewhat a part of.
<<a giant sucking sound which the author doesn't comment on. Also no comments on things like the incentive not to work vs working in places like USA...which is beyond the Fed's mandate. ....What is the biggest insult to America is the fixation of everyone on the Fed, and not structural issues and solutions in the real economy. ...a fixation which this article is aomewhat a part of.>>
Most insightful comment on the thread. It is a shame so many experienced readers here didn't catch it. The "giant sucking sound" is exactly correct. (Anyone too young to remember this phrase, do yourself a favour and look it up.)
You're damn straight about the sad fixation on Fed/bankster propaganda, here and on other financial sites. They can't help it - so far, bankster and govvy 'figures' are the only ones they got. Their 'market' rises and falls on this propaganda, and most (even here) are still in the 'investing' game, so they still watch it closely.
That will change. I think the Hedge will be able to shift its reporting to the real (productive) economy over time, but it will take time. Until then, we have to put up with continual bankster speeches from FOMC/Jackass's Hole/IMF etc. and fabricated "charts" from various banks and governments, who all lie. People are used to listening to these idiots and thinking about their 'figures'. It will take some time to focus our attention back to those areas where it belongs (i.e., the PRODUCTIVE sectors). Part of the problem is that the productive economy is largely retreating into unrecorded business.
Until then, I wish I had 12 up-arrows to give you. We need Diebold and the Dems on our arrow-voting system! I'd come back from the dead to give you a few more ups. ;-)
ABOLISH THE FERAL RESERVE SYSTEM!
Captain Kangaroo
And Mr. Moose.
An utter insult to troglodytes everywhere!
Let me see. Janet Reno, Janet Napolitano, Janet Yellen. Geeez. Never, never, never name your child "Janet"!
Tuco
"As an accounting matter, the drop in the participation rate since 2008 can be attributed to increases in four factors: retirement, disability, school enrollment, and other reasons, including worker discouragement. Of these, greater worker discouragement is most directly the result of a weak labor market, so we could reasonably expect further increases in labor demand to pull a sizable share of discouraged workers back into the workforce.
Indeed, the flattening out of the labor force participation rate since late last year could partly reflect discouraged workers rejoining the labor force in response to the significant improvements that we have seen in labor market conditions. If so, the cyclical shortfall in labor force participation may have diminished."
True interpretation:
"Yes, we fucked over millions of workers throughout the US and the world in order preserve the sanctity of our stratospheric debt ponzi schemes. By gutting the US manufacturing sector through our clever strategies of globalization, we want to continue to fake everyone out as much as possible about any possible labor market improvements while we continue the same insane monetary games till its inevitable conclusion. The nut under the shell game was always fun when we were kids. As long as most believe the nut under the shell is just a nut and not a systemic monetary collapse, we're good to go on as we have.
Indeed, the flattening out of the labor force participation rate has a direct and irrefutable correlation to the rise of tent cities across the US and the inability of young people to move out of their parents' homes. By having police forces move tent cities, and other obvious signs of societal decay, out of sight of the working population, we can effectively deceive most as to an improvement in the job market in the country."
@Vendetta +1000 bravo!
Stardate History, year 2050:
And when the Kardons arrived from planet Jamwa for the first time in 2015 they asked the people of Earth to speak with the most important and powerful person on their planet.
And they met her, and they contemplated her, and they said to the people of Earth….
“You’ve got to be fucking kidding us.”
I wouldn't fuck Yellen if I borrowed Harry Reid's dick. She indeed does look like a troll and she speaks with the cadence of a stroke victim. She is the head of all things evil and is distorting the entire world economy so Americans can spend each prozac fueled day and zanax filled night dreaming of how to buy what the Kardashians have. The sooner this bullshit goes supernova, the better for the whole world.
You're stupid. Go back to stupid. When the fur flies you're feinstien.
Ok here's my two cents: Give me pr0n that will take my mind off of Yellen, Yeti or what-ever that thing at the Fed is called these days. Like Huey Lewis said, I want a new Drug, one that won't make me feel three fee thick! Get my mind off of the crap that is on TV and on to something better. Thank you.
americans are too stupid to be insulted.
americans are an insult.
The truth is Americans have been programmed. Repeat After Me. Nonstop onslaught of propaganda. Shop. Watch Sports. Be Cool. The fact their puppet masters have been manipulating via the evening news and programs in education, churches, and social activities is clear to see. Methodically and systematically, the Americans have been taken down and anyone who got in the way was murdered. What can a country do when the people in charge haven't the pscyhopathic tendencies required to anticipate and match their opponent's? This is the work of obsessive compulsive anal retentive maniacs long lost to learning how to live and live well. What you have they want and until they have it, they think of nothing else.
https://www.youtube.com/watch?v=6UsepDe9TbA&list=LLhf6BW0qOnbQKegU5atxbk... Closer 9 inch Nails
I don't see the keyword DEBT in your rant. It's the most important part of the algorithm.
The garotte is in the shape of debt. Predatory lending may have been extended even to the fat cats, the movers and the fakers. It is a scam however. 911 would blow the cover off the whole scheme, used to set in motion a military force on US oil whick will fight the citizens as the bankers, et all try to take possession of their newly acquired property, purchased on the court steps of every small town in America.
It is still fashionable to be the good guy, lucky for us. Solve 911. Open that door and the truth will set you free. They are outnumbered and popular opinion rules.
Any scenario that involves theft falls into item stolen, you try to get it back. Steal it back if not through a court of law. If they got away with it, you will to. Trouble is, the apparatus usually in place to protect the citizens is now chaired with the bad guys. So, arrangements will have to be made. You work with what you have. There must be briliant minds already addressing this. Covertly, some strategy is being attempted to detour the road to Elimination of the Middle Class and conquest of the young country, US of America. Its really rape and pillage any way you look at it and seeing the peerps crawl on their bleeding knees, begging for forgiveness before the mobs are let loose on local football fields could be part two.
"Solve 911. Open that door and the truth will set you free."
Bingo and Amen! The truth is already well known to anyone who cares to look behind the carefully constructed veil of lies. 9/11 truth becoming known to the general public is the key to bringing the whole rotten system down. And WTC 7 (and Larry 'Pull It' Silverstein) is the key to that truth emerging
Lil Yell simply needs to print more, it will trickle down to Americans, that is, what isn't parked abroad in foreign bonds.
Don't be angry, because US was short-saled to big banks in 1913.
Held at gun point.
I keep waiting for her to swallow the marbles. Her voice and accent are wretched.
Geitner ain' t a Yid
His daddy worked for the Ford Foundation. Daddy employed Obama's mama in Indonesia, doling out loans. A bankster by any other race is still a bankster.
This post is a real master piece. Bookmarked the author'r url. Thanks!
FILTHY WHITEY GOYIM FED MOST POWRFUL ENTITY ON THE PLANET, THE ONLY ENTITY MORE POWERFUL IS WHOEVER OWNS IT...
Rothschild?
Yellen knows full well the recovery is propagandized bullshit. To slow printing now means all the central bankers will have to somehow make a real living instead of buying and trading US debt for a profit. There is no way captured economy jobs, all low paying, will ever be the basis of a recovery when hidden inflation is so rampant. Its a fairytale.
Exactly. The 'service-based economy' meme that was touted around like it made sense was always insane propaganda. The entire scheme of a massive military apparatus and 30 year mortgage (or 15 even 10 year mortgage) 'business' model utterly fails in such an economic scheme. We will see it all unfold and proven as self-evident. What country needs a powerful external enemy when its most significant enemies reside behind the levers of monetary and trade policy
How in Middle Earth can this guy compare Yellen and Greenspan to Frodo & Bilbo? That's just plain insulting. The Baggins's have honor, which Fed Heads do not. Compare them to Saruman instead. It's a much better comparison, for he was duped by the all seeing eye himself.
Just hilarious. Must be a really impressive argument when you need to criticize someone's appearance. Is the author of this article still in junior high school?
You wouldn't hit a woman, would you? If you did, you're a racist for disliking BHO's 'choice'.
I would like to address the jews who post here, or who read ZH: why do you sit by while those of your faith are enriched by crime? if you read ZH you know the crimes of bailouts, qe adnauseum..(the fed cannot even be audited by our congress. why?)
why do you sit by while jew run MSM and entertainment produce lies to confuse and control the people?
I deal with individuals day to day, not races not religions not groups..your character to me is what your works produce..it is clear from threads like this one that there is great anger towards those jews who rule in so many areas of our economy and .gov..
I think it is far past the time that righteous people of the jewish faith speak out, for as a fellow human I fear for what can come from your silence.
You're so full of shit. The real power in this country is still held by Christians despite the laughable (Fox News created) so-called war on Christianity. The President is Christian, the majority of the Supreme Court and all the judiciary, and most of Congress are all Christians. Christians are in charge of the police forces, the military, the FBI, the NSA, etc. Good Christians, why do you let them do what they do?
Definition of "Christian" being ? I think more members of the US Government are Pontius Pilate than are Jesus Christ
Definition of "Christian" being ? I think more members of the US Government are Pontius Pilate than are Jesus Christ
Well said actually and so true...
You can castigate the leaders for how vile and cruel they may be but at the end of the day if you accept the paycheck that goes along with the 'orders" you're in on it, and you've made your contribution to it -like it or not!
Just remember...
You don't have to be a Jew to be a Zionist. Just ask these guys as the ultimate proof!
Oh, but all Jews are Zionists...
They sell to the highest bidder, who just happens to be a banker with a fist full of dollars. At the same time, Southern Christians are totally brainwashed that Israel is on our side, not the plantation master.
Christains who sell to the highest bidder? You mean they're acting like money-loving Jews?
Even a bad Christian is still a Christian. As for Pontius Pilate, I think he was the guy who had the Jew killed.
Somebody done drunk a whole bottle of Wild Turkey for breakfast.
By the way, you may want to check out that ring that Ebola wears. Something about his swearing his allegiance to allah or something like that. It's on da net. Check it out. He's about as christian as Netendafeckingyahoo is.