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Yellen Shocked After Fisher Again Reveals Fed Is Source Of Record Inequality
As Janet Yellen prepares to meet with President Obama this morning for the first time, it appears The Dallas Fed's Richard Fisher has planted a rather uncomfortable tape bomb for her to explain:
- FISHER: QE3 WAS A GIFT TO THE RICH
So right before the Midterm elections, a week after Janet Yellen discussed inequality, she is summoned to meet with The 'fair' President to explain how her policy is keeping Obama's dream alive?
* * *
Janet Yellen becomes aware of the inequality "problem"...
And maybe understands why...
* * *
To those that suggest QE was a victory, we have words and pictures...
If it was so successful, why did they stop?
and does this look like the chart of a successful monetary policy action?
Well, yes, if one believes the lies:
- Bernanke 4/22/14: FED ACTIONS DIDN'T FAVOR WALL STREET OVER MAIN STREET
Q.E. er D.
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Is Fisher fishing for the top post at the Federal Reserve sometime in the near future???
Rather he will be "fishing" in a hot tub?
YEAHHHHH ... Let's Keep Voting For This Shit...
Strange how the Ebolas disappear right before the midterm elections huh? I think it makes a resurgence on Wednesday... What a great Psy-Op.
you go tooth, I agree 100%
Israeli Jewish American Dual Citizens are SOOOOOOOO underrepresented in this country.
BANKING
Who Controls the Economy?
Summary:
Of the sixty(60) senior officials of the U.S. Government economic, financial, and monetary institutions, thirty-nine(39) are Jews or have Jewish spouses. This is a numerical representation of 65%. Jews are approximately 2% of the U.S. population.* Therefore Jews and spouses of Jews are over-represented among the senior officials of the U.S. Government economic, financial, and monetary institutions by a factor of 32.5 times(3,250 percent).
Who Controls Wall Street? (Part 1)
Summary:
Of the fifty-one(51) senior executives of the major Wall Street banks, trade exchanges, and regulatory agencies, thirty-seven(37) are Jews or have Jewish spouses. This is a numerical representation of 72%. Jews are approximately 2% of the U.S. population.* Therefore Jews and spouses of Jews are over-represented among the senior executives of the major Wall Street banks, trade exchanges, and regulatory agencies by a factor of 36 times(3,600 percent).
Who Controls Wall Street? (Part 2)
Summary:
Of the forty(40) senior executives of the major Wall Street mutual funds, private equity funds, hedge funds, and brokerages, twenty-six(26) are Jews or have Jewish spouses. This is a numerical representation of 65%. Jews are approximately 2% of the U.S. population.* Therefore Jews and spouses of Jews are over-represented among the senior executives of the major Wall Street mutual funds, private equity funds, hedge funds, and brokerages by a factor of 32.5 times(3,250 percent).
Who Controls Goldman Sachs?
Summary:
Of the nine(9) Goldman Sachs executives, seven(7) are Jews. This is a numerical representation of 78%. Of the twelve(12) Goldman Sachs directors, six(6) are Jews or have Jewish spouses. This is a numerical representation of 50%. Of the thirty-three(33) Goldman Sachs management committee members, twenty(20) are Jews or have Jewish spouses. This is a numerical representation of 61%. Jews are approximately 2% of the U.S. population.* Therefore Jews and spouses of Jews are over-represented among the Goldman Sachs executives by a factor of 39 times(3,900 percent), over-represented among the Goldman Sachs directors by a factor of 25 times(2,500 percent), and over-represented on the Goldman Sachs management committee by a factor of 30.5 times(3,050 percent).
Who Controls JPMorgan Chase?
Summary:
Of the ten(10) JPMorgan Chase Operating Committee members, nine are Jews or have Jewish spouses. This is a numerical representation of 90%. Of the eleven(11) JPMorgan Chase directors, six(6) are Jews or have Jewish spouses. This is a numerical representation of 45%. Jews are approximately 2% of the U.S. population.* Therefore Jews and spouses of Jews are over-represented among the JPMorgan Chase Operating Committee members by a factor of 45 times(4,500 percent) and over-represented among the JPMorgan Chase directors by a factor of 22.5 times(2,250 percent).
Who Controls American International Group?
Summary:
Of the sixteen(16) directors and trustees of American International Group, twelve(12) are Jews. This is a numerical representation of 75%. Jews are approximately 2% of the U.S. population.* Therefore Jews are over-represented among the directors and trustees of American International Group by a factor of 37.5 times(3,750 percent).
Who Controls the Treasury Department?
Summary:
Of the twenty-six(26) U.S. Treasury Department senior officials, eighteen(18) are Jews or have Jewish spouses. This is a numerical representation of 69%. Jews are approximately 2% of the U.S. population.* Therefore Jews and spouses of Jews are over-represented among the U.S. Treasury Department senior officials by a factor of 34.5 times times(3,450 percent).
Who Controls the Federal Reserve System?
Summary:
Of the seven(7) Federal Reserve Board governors, four(4) are Jews. This is a numerical representation of 57%. Of the twelve(12) Federal Reserve District Bank presidents, four(4) are Jews. This is a numerical representation of 33%. Jews are approximately 2% of the U.S. population.* Therefore Jews are over-represented on the Federal Reserve Board of Governors by a factor of 28.5 times (2,850 percent), and over-represented among the Federal Reserve District Bank presidents by a factor of 16.5 times(1,650 percent).
http://thezog.info/list-summaries/
Very informative post and it just illustrates the overwhelming control that these insidious parasites have. There is a reason these people have been kicked out of almost every country they have ever inhabited. As horrible as it sounds (to some people, not me), an extermination program will likely develop in the near future.
Perhaps, but not of the innocent Jewish population. The Zionist Purge must occur.
Government is forced on us, it's the bankers by the Bankers for the Bankers instead of "we the people by the people for the people"...
The parasitic Bankers have no right to print themselves money for nothing...
We the people have the right to control our money printing press, but our corrupt to the core parasitic Military is protecting it so that we can't take it back...
There is no justification whatsoever for the parasites to profit from "we the people" by charging any amount of interest...
There is no need what so ever to pay back the money we print ourselves...
All newly printed money should not go to the parasites then trickle down, it should go to the bottom of the economic pyramid first, through wages and grants, to those who are less fortunate...
There is no need for the parasites to tax us on our property or anything else, ever, because we can print our own money and finance "debt-free" any endeavor we choose...
We the people should own all media outlets...
We the people should control our public schools...
We do not need a parasite pay rolled "police state" to keep us under constant surveillance...
He'll be fishing for a claw hammer to pull the nailgun nails out of his head...
You sound like you're looking forward to it.
Chupacabra, your comment above was mentioned in the comment section of Veterans Today.
http://www.veteranstoday.com/2014/11/03/vote-out-all-republican-they-are...
"she is summoned to meet with The 'fair' President"
Rayciss! /jk
Not to mention +300 on the SP in the past 2.5 weeks...right on cue..
Even the Liberians have a hard time believing in Ebola. Then everyone started vomitting and shitting everywhere.
Pass the bat jerky.
http://youtu.be/XasTcDsDfMg
Only if the Repubs get the Senate.
what is interesting about Fisher
back in the 90s ran for US Senate (TX)
as a DEMOCRAT
You mean the FED "hawk"? Trololololo....
Fisher is a lying, thieving POS.
I heard that in the before time there was a difference between R and D.
Back in the 60s MLK was an R.
Being a D then did not mean you were insane.
If he keeps this shit up, Fisher will be swimming with the fishes...
Nah, they always have one loyal opposition viewpoint to give people hope that the parasites have some degree of humanity.
... fraid not. It is all a scam.
Normally I would agree, but given he is a member of the parasitic tribe, he will be fine. They only kill the goyim who refuse to assist in their nefarious plans. Fuck them all.
Indeed. Running up a flag the Republicans can see, just before the election. But wait! I thought Goldman Sachs appointed the fed chairman, not the president.
"Look folks, the economy is like, fixed and stuff. Look at the Dow. Look at the NASDAQ - both higher now. We did have to underemploy/disemploy 92 million working age folks. But hey, at least gas is under $3 for a little bit. Vote Democrat."
---Barry Sotero, Hope & Change
+1
pure gold TIS
Vote for more burrito coverin's!
Fair and Blanched
We need QE more. Now!
Come on people.....If you are on the lower end of these charts...it is sooooo simple. Get yourself some fucking assets.
Or get some rich parents
Thats how old money does it.
Better yet, just stahp being not rich!
Yep, while all that paper still buys them...
I recommend investing in the base metals. Lead and Antimony encased within copper full metal jackets, pressed and sealed into brass cases.
How odd is it that president Obama and chairman Yellen are the last to find this out? What a great group of leaders we have.
Isn't going to happen, Fisher retires in April...http://www.nytimes.com/2014/09/23/business/fed-official-crtical-of-polic...
Correct, if the Fed wanted to see some real inflation, they would bypass all the useless paper-pushing financiers and simply handed that 4+ trillion dollars to all the taxpayers to spend how they saw fit.
< yawn > we all know that QE and ZIRP are doing exactly what they are designed to do, transfer ownership of real assets.
KILL THEM ALL.
The trick Kaiser, is getting the diverse group of people collectively known as 'mericans' to stop fighting with one another long enough to focus on the real enemy. Preferrably before those criminals disappear with all the real loot to their private, self-sustaining, plantations around the world. Two problems actually...
1) There is plenty of evidence that the real power brokers names never get mentioned as well. Start with the Bilderbergs and go from there I guess...
2) Many very "educated" sheep are on plantations already. Take that new Apple campus for example, or the Google Campus, or the Microsoft campus, or the Amgen or Genetech campuses...
so very true...
dumb as mother fuckers ready to fight in a minute over football games and TV's on sale at "SERFMART" but wont lift a finger against those who they slave for and have usurped their bought and paid for government...
im gonna keep calling for their swift execution no matter though...
Very well put! The phony red/blue divide supplemented by endless domestic and foreign distractions...Fast & Furious,Iraq, VA Hospitals, Syria, ISIS, Ebola, Illegals, etc...
Fairy President.
Lemme guess, this will be used as the battle cry for QE4-6 in order to "make it fair" for the average guy?
Obama: So....Janet, for QE4 could we instead print money and buy...consumer debt?
Yellen Vows To Attack Mean Net Worth: "We Need Moar Niceness"
If just 1/100th of the population of the US understood this shit and actually cared, we would have a different country. Fuck these retarded sheep we call our fellow citizens. I can't wait to see them all suffer.
Heyyyyy..... that's not very nice.
Arrow up.
the sheep are sqeamish on blood; they'll take cake instead.
at least that puts you in the top 1% of something...
For in much wisdom is much grief:and he that increaseth knowledge increaseth sorrow. Or today they call it the Red Pill. Nothing new under the sun.
So often, the ills of this country are blamed on the FSA. In fact, I was just having a conversation with the President of a very well-to-do company just past Friday. We were talking taxes and I said to him that I was happy that I could finally pay off the last of my $48K in taxes from 2012 and that I finally figured out how to balance the amount withheld so that what I owe them and they owe me end up being equal when it comes time to file.
He said to me, "Welp! You have to be a good American and pay for those lazy welfare queens to sit at home."
I responded to him that corporate welfare is way higher than "social" welfare es in the form of QE, POMO, subsidies, and the sort. He asked what I meant and I pointed out the $17 trillion or so that went out to banksters from 2008 till now and how the primary dearler netoworks function. He is an intelligent guy with millions in liquid savings, paid off houses, and plenty of guns and bullion.
He just looked at me and said, "It's those welfare bums."
Sigh...
I am very surprised he did not laugh at you for paying that amount in taxes...
Well, he knows my total compensation and the "effective" tax rate I end up paying. He is the one who taught me how to, according to the code, get the rate down as low as I did. I would like to see it at 0 though.
Well, Yes, Especially since by the FED's actions, it is now obvious to all of us Austrians that Taxes are no longer needed. All the monies required by the government functions can just be printed up
Those Who Are No Longer Our Countrymen. [ TWANLOC ]
FED FATALE
Here she comes, you better watch your shorts
She's going to break your account in two, it's true
Little bear, she's from the street
Before you start, you're already beat
You know she smiles every time you frown, what a clown
'Cause everybody knows:
She's a Fed fatale
You're not Top-of-the-Book
You're Number 37, have a look . . .
Officially verified:
"Banksters: ... if more money were going to the market, then they would lose much of their value and we would lose profits because we are the ones who print money! That's why we invented inflation, to keep governments in fear and directing money back to us through the so-called Quantitative Easing Policies."
http://failedevolution.blogspot.gr/2013/12/an-imaginary-dialogue-between...
14% increase on my healthcare premium this year. Fuck You Zero!
"Hope and Change" left out "Less" at the beginning...
mine stayed the same zero/year...
wait until the IRS starts tapping your accounts with 'tax' fines
worked three months and "qualified" for healthcare. quit. think i'm ok for 14. but irregadrless, i will be ignorant to what you just said. gee i did my own taxes and it sure was confusing :), plus didn't make shit, like less than 12k by the year closes. proud to say i didn't pay my fair share,ha...
Wait until 2015 and 2016 - the rest of the healthcare mandates kick in and will kick your health care cost sky high.
The leftists have been prolonging the real costs in a hope to get by this election cycle.
My agent just informed to to expect it to double at minmum. And I'm a healthy non-smoker who works out daily and have never been to a doctor other than for a daily physical. Fucking pathetic.
Why not start drinking heavily and smoking? That'll teach 'em!
"Medicinal purposes only." ;-)
dr, hear you. even alternatives, like all organic food, essential oils, and exercise(calorie burn), went up bout the same. since i could get on my wifes healthcare for 500/month(and i don't), i bank that for future hc expenses. when the need arrises, which it did last year, one can negotiate a cash payment in advance(1/2 down) and pay about 60 percent of billed to insurance cost. no matter how you splice it or dice it is a total rip-the-fuck-off. that alone tells me the cost is inflated 40 percent and even at that they are making money. it was a hernia operation. paid cash out of pocket 6500, otherwise 11,500 aprox with hospital cost vs cash 2.5 x. fucking nuts bull-fucking-shit on a stick obolla-fascism-care...
Ask your agent why the insurance firm's profits and stock price went up so much last year?
My policy on my wife and son in college went from $ 204 to $ 750 per month - this was a $ 10,000 deductible plan which under the new plan would have a $ 6,500 deductible - One of my clients went from $ 750 to 1,750 per month - But the good news is my 60 year old wife now has maternity - Now that is change you can believe in
Hey wait till 2015 - oh you can keep your Health Care Plan too - it might cost 800% more.
Obumerang is shovel ready.
(Daffy Duck singing)
OHHHHHH....JOIN UP WITH ME SO JOYOUS AND FREE!
Fischer has shown a penchant for not following the rest of the Fed members and has been very outspoken about it from time to time. No way in hell he'll ever be the chair but maybe he survives the inevitable purge.
Fisher is president of the Dallas Federal Reserve ... and they are elected by their board of directors (federal reserve governors are appointed by POTUS)
a few years, Barney Frank went apesh!t when a few dissented from Bernanke ... made a stink about making presidents subject to DC appointment
I know someone is already... but.... fuck Barney Frank ..
Many men and boys already have.
semantics...
Richard W. Fisher assumed the office of president and CEO of the Federal Reserve Bank of Dallas on April 4, 2005. In this role, Fisher serves as a member of the Federal Open Market Committee, the Federal Reserves principal monetary policymaking group.
The Federal Reserve Bank of Dallas is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.
The entire fucking government and everything it does is a gift to the rich. Burning DC to the ground would be a good start.
I've said it before....and I'm saying it again.
GOP = DEM = INC
Bush = Clinton = Obama
Nothing changes until K Street burns.
I find it odd that it took this long for main stream thinkers to realize that all the Fed Policies and QE and Money Printing has been nothing but a wealth transfer to the rich. The richer you were in 2008, when your business models and stock positions collapsed in a giant shit storm, the ever more rich you are in 2014 due to Fed actions!
Lesson, "America rewards failure". This is a fact nobody can successfully debate against! By all the laws of free markets, 2008 should have wiped out a large share of what we call the rich! But did they pay for their stupidity and bad investments? I ask you, DID THEY? Where was this so called free market, where the smart are rewarded and the dumb punished by the Unseen hand?
Face it, the 1% and the Banks own congress and the president. So when they suffered a total meltdown of their business models and investments, they turned to government to make them whole. That was done. But MORE THAN THAT, government set loose a series of Fed policies designed to turn failure into the greatest wealth accumulation machine of all time. And so we have it now, The Fed has made the 1% so fabulously wealthy that money has almost become meaningless to them, as they now have it all. And the mainstreet economy sucks worse than it did in 2008 and it all crashed down for the 99%.
Obama really is worse than Bush, I think that marks him out as nothing but an evil hack and tool for the 1%. Next up will be Bush 3.0 or Clinton 2.0. Our elites are going to let us vote for one or the other, and call it democracy! Ha! Ha! Jokes on you!
All they did was print a bigger pie and take 3/4 of it.
Actually...they took 5/4 of it. ;-)
Spot on. The last few years are akin to a person walking into a casino, dropping thousands on a slot machine, losing everything, and having the house pay them back in full, plus interest, fees, and bonuses... this market/eCONomy is nuttier than squirrel shit.
www.gunsgrubandgold.com
Exactly
and no surprise billionaire gross made no mention ... and saw no alternative to printing
jerk
I don;t think Obama gives a crap. He is getting paid from it.
A meeting to discuss QE4..........
So my stepfather passed
I have 42k coming to me that was in a IRA so I have to pay tax
I am unemployed now for 3 months I owe 220k on house that we started to remodel and have since stopped work
Should I wait out another few months and live off this money and file 7 in the spring and plan it so when my daughter gets out of school and take the majority of money out now and if asked in court I blew it at the casino so I have $$ to live
I know short sale is going to destroy my fuco score anyway so do I go all in and take 30k and start over
Overwhelmed at this time and plenty smart zero hedges
If you plan on going the "casino" route, make sure you keep receipts from your time at the casino. At a minimum, documented evidence that you went there.
keep working on the house. One needs to have hope in their future. Doing something "worthwhile" - like making the house salable will do that. Good luck.
That so blows. I don't know what to say except make sure you put aside as much of that as you can in case you can't straighten things out.
I hope somebody chimes in with some ideas that help you. Stay close to your family and good luck.
I would not try to screw the IRS out of their cut if that is what you had in mind. They will get their share the easy way or the hard way.
If you are considering bankruptcy -- talk to a bankruptcy attorney first so you can plan appropriately. you dont actually have to file just because you met with one. There are countless pitfalls in what you are proposing that cannot adequately be explained in a public forum and would depend on your state (homestead exemption, blanket non-homestead exemption) and basically every financial detail of your life. A competent Chapter 7 Trustee will not just accept as fact that you blew your money in a casino and despite the unfairness of the "system" lying to the Trustee or the Bankruptcy Court is never a good idea.
I am not a tax or trust guy so take everything I say with a large grain of salt.
Create a trust for your child and have the inheritance go directly to that, not anything associated with you personally. Have it controlled by you until she turns 28 or something. It doesn't matter if you eat out of garbage cans, you will stand up straighter because of what you are doing for your child. Hopefully she will recognise that and respect you more for that as well.
Then declare bankruptcy and research who you owe the most money to and take a big shi! on his front lawn. "A man has got to do what a man has got to do".
All the stuff you read about gold and boating accidents will not really work if/when TSHTF
not a bad idea but I think this would run afoul of a few sections of the Bankruptcy Code. There are plenty of things one can do -- you would be surprised at the number of people that buy cars prior to filing for bankruptcy if the state law is pro-debtor enough to allow a vehicle exemption. For example - I think Delaware has a $25k blanket exemption on personal property, including cash (the math can be confusing on what qualifies under all of the various exemptions). There is no need to reinvent the wheel, a decent consumer bankruptcy attorney does this for hundreds of people per month.
The Bankruptcy Code can be byzantine thus the only appropriate recommendation should be to seek consumer bankruptcy counsel.
Edit -- "hundreds of people per month" might be a bit much for a single attorney. dozens? more than 2?
Yep, much better advice than mine. I told him about the grain of salt. I forgot about how each state is different.
I stand by my bodily function comment. Early morning. Sometimes the small victories are all one can accomplish....
agreed. I regularly employ that method with the bulk of my adversaries.
Find a good lawyer. Don't fuck with the IRS on your own.
Remodeling during the winter often leads to fire hazards....while family on holiday and such....
Keep your head up....Don't be overwhelmed.
Eat right. Get regular exercise. Don't fall into booze/drugs hole.
Consider all your options. The black market is an option.
Remember...vengeance only destroys you....The best revenge is a good life.
My thoughts are with you. You are not alone.
See the "QE Trip"
http://www.showrealhist.com
"her policy is keeping Obama's dream alive?"
Obama's dream is to be rich, he just uses poorer people as the vehicle.
Expect some novel ways to destroy money .
See
https://www.academia.edu/9031355/The_Were-Sheeples_Almanac
I like the inverse lottery . A weekly lottery that renders notes with certain numbers(say 69) non-currency .
A percentage can be then added to some small number of lucky winner's accounts .
You can't win
You can't break even
You can't leave the game .
Banksters heaven .
Oil thy Guillotines !
What does FOMC Mr Yellen, Mr. Moose, Captain Kangaroo, and Quantitative Easing ping pong balls have in common?
Answer later. Look forward to your comments.
;>]
"As Janet Yellen prepares to meet with President Obama this morning for the first time,"
Wtf? For the first time? How long has she been there? How could Obama have not even MET her yet?
If that was ME, the bitch would be handcuffed to a radiator in the Oval Office so I could grill her daily. We'd have met a long time ago, and would be REAL good friends by now.
Sometimes I wonder if Obama has just given up altogether...all the abuse, over all the years...he finally decides one day, "Fuck THIS! I'm going to go play golf. And before I tee off, I'm gonna make Soros the 'Economy Czar'...One MORE thing I don't have to fuck around with anymore...FOUR!"..swings...
"Two more years, bitchez! Gonna cost you...imma make SURE of that..."
Well, when you think about it, the Presidency itself is a ridiculous job. Really nothing more than an expensive figurehead. The damned job is just too big...no one person could possibly do it all, or even do enough. And it ends up becoming a focus for polarization-you're either 'fer 'im or agin 'im!"
A LOT of things are "too big" in today's world...too damned big to manage effectively. We have GOT to start going the other way, and downsizing.
It's not the president so much as the gang of thieves that comes with him (any of them).
He's too busy playing golf to concern himself with reports from the Fed.
Some damn fine infighting at the Fed - this happens all the time.
yellen, appointed by barry, did a fine job keeping markets up so barry call tell all that he saved the economy
Fisher, appointed by Dallas Fed banks, just did what he's good at - called "bullshit" on yellen/barry.
Good timing on Fisher's part too.
Eat shit barry. Rot in hell yellen.
Fisher is positioned to know precisely when the equity market will top. A nod and a wink will alert his 'people' when to short the farm and the house.
Commence Operation Mayhem
Richard Fisher is from Oil Lobby, hence a Pentagon extension.
He has done anything he can to sabotage bank lobby and he will continue to do so, in my view.
Oil Lobby are his masters.
http://www.econtalk.org/archives/2013/12/richard_fisher.html
Here is Richard Fisher mentioning Warren Buffett by name as bailed out by Quantitative Easing.
Obvious Fisher's masters are ultra billionaires also and have Pentagon backing
So why are all the energy stocks getting crushed then, and no bankers are dying?
I did not junk you, but this is inconsistent with your hypothesis.
They don't care about their stock price right now.
They want to harm bank lobby.
We are at the revenge stage
I don't want anybody to die. I want them to surrender, Lehman style.
I never said they will die.
I said they will die, if they do not surrender.
Very consistent
Moreover, top level banker suicided last week, deutschebank one.
People are getting scared.
The problem of course being that nothing will change unless the current bankers in power are actually removed. Only one thing is very clear, they are simply not going to indict themselves or give up the reigns of power willingly. History is very clear on this and this is precisely why they must die.
All compassion aside, there simply is no other way at this point as the moral hazard "genie" cannot be put back in the bottle and the laws of Nature and physics will take it from here.
Lol.... consistency is not a strong point with this one.
My consistency is impeccable
If by that statement you mean that you are consistently inconsistent then you would be accurate.
ok, doc, let's leave it there
Sorry, just yanking your chain.
Please, Fisher is just a puppet who pretends to give an opposing view in order to lend the fed some credibility. It's the old good cop/bad cop routine. The moment the chips are down he quickly falls in line as we saw in 2011.
Fisher is a puppet of oil lobby
Gotta serve somebody ;-)
http://www.godtube.com/watch/?v=6P6ZGNNX
Good thing all that money went to rich people. Otherwise we'd have a bunch of people complaining about socialism. It's just considered business as usual in 'Merca when it goes to the rich.
It would be interesting to see how the employed population of the US changes over time when government jobs (including the military) are subtracted.
They should measure the productive workforce against the parasitic workforce and the ratio would be an indication of health of this nation or any nation.
Yellen = parasite
Good idea, but the vast majority of the US work force is parasitic. Most of the financial sector, the insurance sector, large swaths of the bloated law enforcement and criminal justice sector,legal profession, etc, etc, etc... So many good paying jobs that really do little to anything to make this a better place.
What? No mention of the Military Industrial Complex? Disingenuous fuck.
The original poster mentioned them. I didn't want to be too redundant.
What? No mention of the Military Industrial Complex? Disingenuous fuck.
3.5 of assets growing to 7 over 20yrs is not really a great return - 3.5% -
barely keeping up with inflation really - so not a lot of winners anywhere...
If Yellen wants to keep her job, she'll have Fisher killed immediately. Let's hope that doesn't happen. Even if he's doing this for political gain, I'm glad someone is saying it.
Politicos lining up their targets for the upcoming turkey shoot. Fire away boys, fire away.
When I see Yellen I see a fat little mental patient reminding me of 'One Flew Over the Cuckoo's Nest'.
Fisher just pushed a pillow on her head.
Wait a minute!
Where do these numbers come from?
Are you trying to tell me that the mean net worth of the top 5 percentile is almost 7 million dollars?Seriously?i have never seen estimates nearly that high.Where do you get these numbers?
Lets say you own a house today worth 1.5 Million.
In 2007 it was worth say 850,000$
It all matters how close you live to the banksters.
So if you live close to a banksters your house will be worth 5 million in 4 years, so that means its worth 5 million NOW, which means its worth 10 in 4 years.
Thats pretty much how we look at it.
Mean is average (so billionaires have greater weight on the average) not median, which would be middle.
Come on baby boomers, cut the bullshit. Quit voting for a politician just because they are going to pad your retirement or not hurt you in any way, while at the same time they are gang raping your grandchildren. Think outside yourself for once when you vote tomorrow. The Fed has got to go or has to be severely limited in its abilities and audits by independent third parties should be standard practice.
Yeah, make sure you "vote" tomorrow...LOL...
"Vote"...... lol. Yeah that'll change things.
Great that's the spirit! Other suggestions fellas?!?
Maybe if a simple message were to spread about how the Fed hurts the regular person, something so simple and emotional anyone could see it and say "yeah I understand that, that's not good for me and that makes me angry" This could bring pressure on the fed indirectly. So many have created elaborate videos and detailed explanations, but regular people don't want to take the time away from their TV shows to understand it. Has to be simple and to the point emotional. A picture of Bernanke cutting someones head off? Maybe that would miss the point.
We all appreciate the sentiments, and when you come up with a way of getting that message across, let us know.
We are about to wrap up the most expensive mid-term elections in history. Between the House & Senate, these pols have already raised over $1,500,000,000 and spent over $1.3 billion of that.
I have yet to hear one word in any of this advertising even mention the Fed. Anybody else? The silence is deafening.
Try shouting over that kind of total control of the message.
We've been voting since 1776 and here we are.
None of my choices has even mentioned the Fed.
Has anybody seen Janet's nailgun?
Captain Renault: I'm shocked, shocked to find that gambling is going on in here!
[a croupier hands Renault a pile of money]
Croupier: Your winnings, sir.
Captain Renault: [sotto voce] Oh, thank you very much.
I want to live in a country where advertising doesn't work
the evil hobbit meets gollum
Looks primed for another drop in employment.
i hope that dirty, old bag gets rectal cancer and dies an agonizing death. And, I despise bernanke worse than her.
More evidence of how unqualified this woman is for this job......or pretty much any other.
If voting could change things, would it still be legal? Or do they just 'calibrate' machines to get the 'correct' results now days?
Perhaps we should ask our friends with Anonymous! Do they have a "requests" or "suggestions" area on their website where we could make a suggestion that they hack the federal reserve and find out what they have going on over there. Dump their findings on the publics lap and let the truth be free. Anonymous did good work during the North Korean nuclear threats and the Furgeson issue.