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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...
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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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Yes Jews make up only 2% on the population here and .002 of the world's pouation, yet over the entire history of the Nobel prize in all countries of the world over 100 years Jews have earned 20% of all prizes given. How did that happen when Jews don't control the Nobel Prizes.? This year was no different with the Nobel for literature going to Patrick Modiani a Jew. Eistein, Salk almost the entire Manhattan project staff that saved 1 million American casualties by developing the Atomic bomb that was used to end WW2 and therefore kept American troops from having to invade Japan. Most likely every person here has a family member was saved by one of the thousands of medical advances discovered and developed by Jews. The very blog we are on right now is based largely on technology and internet advances invented in Israel. So how did this all happen? Perhaps if you knew of Rosalind Franklin a Jewish 1920's scientist who Crick and Watson said made it possible to unravel the DNA molecule and later the polio vaccine you would not ask about how Jews out compete, out think and out work the competitive world of finance.The Rothchild family after all invented international correspondent banking in Europe in 1760!!
As a result Jews have always been the subject of jealousy and rediculous conspiracy theories. Oh did I forget the Jew that changed the world? Forgive them Jesus they know not what they say. I'm sure he is not amused in heaven with his Jewish Mother Mary, to see such trash.
Infiltrating via bait and switch tactics a method that you find honorable and then cornering market by exclusion of others (except for politicians) is what drug cartels and mafiosa do. Blackballing other races from entering the high live is still racism. Insider trading is cheating, in case you did not know. And now the cheaters have all the wealth, and you want us to forgive them...okay...maybe in my next life. For now, I call it what it is, a criminal syndicate made up of Jewish people who weaseled their way to the top.
Thats MDB
Dumb bitch or feigned surprise?
These people must have to take heavy medication to sleep at night, seriously. No conscience and able lie with a straight face.
Bottom line is that monetary policy does not change the objectives of market participants. If a person needs income and rates are near zero, then that person is going to send their capital into risky developing markets in search of higher rates, and this does not help the poors here at home. Inflating the assets of firms that hide their profits offshore does not help the poors here at home.
To help the poors here at home, you have to get currency flowing at the bottom level here at home. That requires an increase in the labor force participation rate. To do that, you have to tax and spend or decrease taxes and relax labor regulations. The democrats could have done the former, but they chose instead to help their buddies at Goldman Sachs with QE and their buddies in the education system by pushing $1 trillion in student loans on kids with little opportunity to gain income to pay them off.
"I haven't gotten any dick in forever"
"Neither have I"
It was written decades ago that as production became increasingly automated there would be far less work around, and a mechanism required to redistribute wealth from those who did very well to those that didn't. I have no problem with a generous welfare state. It's a requirement.
But then why are we still being hammered to pay the taxes, dimwit?
How can we pay taxes without quickly disgorging all acquired lifetime savings? Corporations don't pay taxes, they raise prices so we can pay their taxes, too. You are the government, and the welfare state, and you already have nothing to give. So forget about any generous welfare state because Utopia is a magical place that does not exist.
Affirmative action: EBTs for blacks, QE for tribe members