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Janet Yellen Now Advises Democrats What The Fed's Monetary Policy Plans Are

Tyler Durden's picture




 

The WTF moment has arrived: the moment when the Chair of the "independent" Fed tells an audience of Democrats, away from the public, just what her plans for monetary policy are in private:

  • YELLEN TOLD DEMOCRATS NO RATE INCREASE `IMMEDIATELY': SCHUMER

We knew some Fed member would speak today to boost stocks but had no idea it would be Yellen herself.

 

We are confident the SEC will go after all the democrats who bought stocks when this Yellen statement was made in confidence, prior to Schumer making it part of the public domain.

And a follow up question: what time did Senator Schumer advise his campaign donors, shown below, first of what he had just learned from the Fed Chairmanwoman?

 

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Thu, 01/29/2015 - 16:26 | 5721706 Bay Area Guy
Bay Area Guy's picture

Can't go after the politicians.  Remember, there's no insider trading limitations on them.  Just the rabble.

Thu, 01/29/2015 - 16:27 | 5721717 max2205
max2205's picture

Mr Yelling tear down that wall......for the rest of us.

fucking bitch 

Thu, 01/29/2015 - 16:35 | 5721754 Uinta
Uinta's picture

Get to work Janet...

Thu, 01/29/2015 - 16:39 | 5721765 SickDollar
SickDollar's picture

keep up the comedy Yellen you BITCH

Thu, 01/29/2015 - 16:38 | 5721784 JungleCat
JungleCat's picture

It would have to be funny to be a comedy. It ain't.

Has anybody else had the though that Bernanke bailed and the powers that be stuck a woman in there before the shit hits the fan? 

Thu, 01/29/2015 - 16:40 | 5721793 NoDebt
NoDebt's picture

Makes you wonder what she told Republicans.

 

Thu, 01/29/2015 - 16:42 | 5721815 Bay of Pigs
Bay of Pigs's picture

Go short and get cornholed?

Thu, 01/29/2015 - 16:48 | 5721856 Soul Glow
Soul Glow's picture

Get to cornholin', Ms. Yellen.

Thu, 01/29/2015 - 17:00 | 5721923 McMolotov
McMolotov's picture

Mr. Yellen is the Great Cornholio! He needs ZIRP for his bunghole!

(This is now the third time I've made this reference in the last day. Probably time for me to give it a rest...)

Thu, 01/29/2015 - 17:09 | 5721966 pods
pods's picture

Are you threatening me?!

 

Thu, 01/29/2015 - 17:30 | 5722080 ml8ml8
ml8ml8's picture

At least she didn't whisper it into Maria Bartiromo's ear for yet another "money honey" market-rocking exclusive from a Fed Chair.

In between meetings, Fed Chair's should be required to lock themselves in a room and read twitter and ZeroHedge.

Thu, 01/29/2015 - 17:14 | 5721998 PiratePiggy
PiratePiggy's picture

Someone may get a little priz there.   (zirp spelled backwards)

Thu, 01/29/2015 - 16:54 | 5721878 FL_Conservative
FL_Conservative's picture

Go SHORT.....do Yellin!

 

(Bags are mandatory.)

Thu, 01/29/2015 - 16:44 | 5721824 pods
pods's picture

Do NOT get between Chuck and a TV camera. Dangerous.

Cheesepopes FTW!

pods

Thu, 01/29/2015 - 17:24 | 5722051 Bay of Pigs
Bay of Pigs's picture

Easy pods.....Thisson will be in here jumping up and down, screaming and flapping his arms and calling you a racist and bigot.

Thu, 01/29/2015 - 17:29 | 5722070 pods
pods's picture

Well it's a good thing that I don't give a fuck.  :)

pods

Thu, 01/29/2015 - 16:46 | 5721832 Harbanger
Harbanger's picture

She told them, If you don't go along with our global communism you're getting the nailgun.

Thu, 01/29/2015 - 16:49 | 5721850 PartysOver
PartysOver's picture

Go figure.   The thieves be thieve'n.  Never know what will cause the BTFD to occur only that eventually it will occur.

 

Thu, 01/29/2015 - 16:52 | 5721881 new game
new game's picture

the queen of monetary plutocracy has spoken...

Thu, 01/29/2015 - 16:45 | 5721834 ebworthen
ebworthen's picture

Demicans and Republicrats can do insider trading "legally".

What a country!  Amurika!

Thu, 01/29/2015 - 16:50 | 5721857 Yen Cross
Yen Cross's picture

   N/D, Yellen probably gave the Republicans the "Greek Mansion" treatment.

Thu, 01/29/2015 - 16:41 | 5721798 SickDollar
SickDollar's picture

I did and maybe first president of the US  is coming in 2016 hmmmm

 

Thu, 01/29/2015 - 16:44 | 5721813 Karlus
Karlus's picture

Ho-Hum, it would have been news if she told them she was getting ready to jack the rate.

 

No one thinks she will raise the rates.....now or in July.

Thu, 01/29/2015 - 16:57 | 5721898 new game
new game's picture

just a bluff and wish think when cornered. just know you are the mark at the table and you can't leave. bend the fuck over and git to work and pay your fair share....

Thu, 01/29/2015 - 16:45 | 5721819 Stoploss
Stoploss's picture

Any near term rate increase kills their spending plans dead in the water.

The Dems want the ability to spend, so no rate increase " we have to know " was probably thrown around.

Remember when our share of the national debt was 34K for every person in the US? 

Now 160K, and after today is going up.

Thu, 01/29/2015 - 16:49 | 5721846 Philo Beddoe
Philo Beddoe's picture

Obama needs to spend more, That is the problem. Fuck that free 2 year JuCo bullshit.....free 4 year....graduate...post Doc.  Everybody go to fucking school and learn fuck all and fuck your brains out and we will pick up the tab. 

Thu, 01/29/2015 - 16:56 | 5721908 new game
new game's picture

couldn't benifit me - i know evvvvveeeerything, ha...

Thu, 01/29/2015 - 16:57 | 5721899 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

RAISE THE FUCKING RATES BITCH. EVERYTHING IS FIXED AND DOING GREAT, YOU SAID SO YOURSELF. DO IT BEFORE YOU LOSE EVERY OUNCE OF CREDIBILITY. BITCH

Thu, 01/29/2015 - 17:58 | 5722229 Blano
Blano's picture

Before? 

Thu, 01/29/2015 - 17:58 | 5722210 DavidC
DavidC's picture

They and the Fed deserve everything that is coming their way with crap like this going on. Disgusting.

DavidC

Thu, 01/29/2015 - 16:31 | 5721708 knukles
knukles's picture

Neo-Feudal Medieval Fiefdom.
Not a God damned thing different.
There are the law givers to whom the rich tithe for privileges and dispensation of indulgences, the pool of wealth for which is controlled by the same, at the expense of the enslaved peasantry.

 

That shit, Mrs Yellen, is without a doubt dissemination of confidential material privileged inside information

Thu, 01/29/2015 - 16:35 | 5721763 Romney Wordsworth
Romney Wordsworth's picture

Well we can thank our lucky 6 pointed stars that she's not a Yenta

Thu, 01/29/2015 - 16:37 | 5721767 knukles
knukles's picture

Was she at UC Davis?

http://news.yahoo.com/suspected-ebola-patient-admitted-california-hospital-194609183.html

Thu, 01/29/2015 - 16:48 | 5721853 Romney Wordsworth
Romney Wordsworth's picture

Ebola: The most deadly viral outbreak in HIST[rionics]!

Thu, 01/29/2015 - 17:01 | 5721925 pods
pods's picture

Get your flu shot, cause eventhough it won't help with the flu, it might not help for Ebola too!

pods

Thu, 01/29/2015 - 16:27 | 5721709 jubber
jubber's picture

Dax 40 points from record high LOL

Thu, 01/29/2015 - 16:39 | 5721800 Id fight Gandhi
Id fight Gandhi's picture

The reasons for the market down this morning are the same reasons its up according the the shit financial media sources.

Can't even keep a cogent narrative anymore for the sheeple.

Thu, 01/29/2015 - 20:16 | 5722807 MeelionDollerBogus
MeelionDollerBogus's picture

It's the polar fortex!

Thu, 01/29/2015 - 16:27 | 5721712 ekm1
ekm1's picture

Independent Fed, my ass

Fed has never been independent for one second of its life.

Thu, 01/29/2015 - 16:39 | 5721780 Alea Iactaest
Alea Iactaest's picture

"You know the score, pal. If you're not Fed, you're little people!"

 

With apologies to Ridley Scott.

Thu, 01/29/2015 - 16:39 | 5721787 Philo Beddoe
Philo Beddoe's picture

Somehow that received a downvote. Flat earth fuckers. 

Thu, 01/29/2015 - 16:27 | 5721714 101 years and c...
101 years and counting's picture

this is a great shorting opportunity.  stocks are headed much lower.  under 1900 next week.

Thu, 01/29/2015 - 16:42 | 5721807 Id fight Gandhi
Id fight Gandhi's picture

Definitely yes, no maybe. Definitely!

Thu, 01/29/2015 - 21:47 | 5723130 nightshiftsucks
nightshiftsucks's picture

Yeah until they squeeze your pimpley ass and you have to cover.Don't be a dumb fuck,don't short.

Thu, 01/29/2015 - 17:51 | 5721716 Jugdish787
Jugdish787's picture

.

Thu, 01/29/2015 - 16:30 | 5721728 IronShield
IronShield's picture

Or, tomorrow's numbers (GDP, Michigan, etc...) will be THAT bad.  ;-)

Thu, 01/29/2015 - 16:34 | 5721729 Yen Cross
Yen Cross's picture

 She's fucking TOAST in '16.

 I realize both parties form a "double helix"... The  shitstorm will be in full bloom by then, and heads will be sacrificed.

 As LOP says... Roll the Motherfucking Guillotines/ Bitchez

Thu, 01/29/2015 - 16:38 | 5721772 NotApplicable
NotApplicable's picture

You really think they'll throw Mama from the train?

Thu, 01/29/2015 - 16:47 | 5721790 Yen Cross
Yen Cross's picture

 Yep...She's no Greenspam(sp) .  That's NOT a complement BTW.

Thu, 01/29/2015 - 16:31 | 5721732 Jack of All Trades
Jack of All Trades's picture

The comical farce continues . . .

Thu, 01/29/2015 - 16:31 | 5721734 kowalli
kowalli's picture

Feodalism back Hooray oh,wait.

Thu, 01/29/2015 - 16:30 | 5721735 jpc578
jpc578's picture

Is this why the markets are rallying?

Thu, 01/29/2015 - 16:31 | 5721737 disabledvet
disabledvet's picture

Thanx  for all those orders for Boeing!

 

Now hurry about with the ex-im Bank renewal!  Got some "small businesses" to save!

Thu, 01/29/2015 - 16:33 | 5721751 madbraz
madbraz's picture

shouldn't yellen go to jail for providing inside information?  duh

Thu, 01/29/2015 - 16:35 | 5721757 FreeShitter
FreeShitter's picture

Like i said before, have no fear old yeller is here...the bitch and her pals will not let this market correct. The beatings will continue for what's left of the middle class.

Thu, 01/29/2015 - 16:36 | 5721760 replaceme
replaceme's picture

Say what you want about her, I'd still hit it.  Rat a tat tat.

Thu, 01/29/2015 - 16:43 | 5721811 SickDollar
SickDollar's picture

damn I just lost all the wieght I needed from puking dude

Thu, 01/29/2015 - 16:35 | 5721766 nosoeawe
nosoeawe's picture

I can't wait until this worthless bitch dies. She's a fucking plague. The counterfeiting cunt from berkely. 

Thu, 01/29/2015 - 16:37 | 5721775 Eternal Complainer
Eternal Complainer's picture

Now that gold was knocked down $50 and silver by $2 for op-ex
its time for the scum-fuckers to renew their spew..
Bankster positions were saved..

Thu, 01/29/2015 - 16:39 | 5721792 FreeShitter
FreeShitter's picture

PM's are always on sale after FOMC. Buy the FOMC shellacking.

Thu, 01/29/2015 - 16:47 | 5721836 AC_Doctor
AC_Doctor's picture

Gold CRIMEX open interest is still shit-fuck huge...

Thu, 01/29/2015 - 16:43 | 5721776 Yen Cross
Yen Cross's picture

  Jon E. Hilsenpuke, isn't going to be happy about these revelations.

 He's #1 GoTo Fed. propaganda boy. It's time to stock-up on lip balm and antibiotics Hilsenrath.

 You're waxing Chucky Schumers pole, from here on out...

Thu, 01/29/2015 - 16:41 | 5721802 cocoablini
cocoablini's picture

That's because the FED is a tool for politicans and politicans are a tool for Plutocrats. The FED uses finance and monetary policy to keep the political system in power. It used to be(if ever) that the mandate was to manage monetary policy. Then it branched into things it has no control over like the fiscal cycle, political election cycle, employment and foreign policy.

Such a dumb invention

Thu, 01/29/2015 - 16:42 | 5721805 XRAYD
XRAYD's picture

It time to do away with the Fed's "communication" startegy to guide monetary policy  - useful for the elites only.

Put a tape on their mouths!

Thu, 01/29/2015 - 16:43 | 5721817 Itchy and Scratchy
Itchy and Scratchy's picture

The FED political?????   Nahhhh......say it ain't so!!!!

Thu, 01/29/2015 - 16:45 | 5721820 More_sellers_th...
More_sellers_than_buyers's picture

Paging Martha Stewart

Thu, 01/29/2015 - 16:45 | 5721830 NoWayJose
NoWayJose's picture

Three words from Yellen are enough to offset any crisis or bad earnings or technicals or fundamentals...

And remember -- the Fed is NOT done with QE -- they are in fact using the 'paper interest' that they receive on THREE TRILLION DOLLARS of US Debt to --- what else -- BUY MOAR US DEBT!  QE continues still with several billion a month!

Thu, 01/29/2015 - 16:46 | 5721839 Bill of Rights
Bill of Rights's picture

Do Not Believe Everything You Read About Flu Deaths

http://www.asrn.org/journal-advanced-practice-nursing/1212-do-not-believ...

Thu, 01/29/2015 - 16:47 | 5721840 kaa1016
kaa1016's picture

You have got to be fucking kidding me. I had a feeling one of these Fed assholes was going to come out and stick save this market, and like clockwork, it's the Fed head herself.

Thu, 01/29/2015 - 16:58 | 5721904 Yen Cross
Yen Cross's picture

  The fed. is so far down the "Rabbit Hole" nothing is going to save it.

  We'll be old crusty bastards talking about this central banking experiment to our great grand children, like it was the Great War of the early 20th century.

Thu, 01/29/2015 - 16:56 | 5721841 AC_Doctor
AC_Doctor's picture

Audit the she-male dwarf!  Her granny-undies are stuffed with gold Eagles!!!

Thu, 01/29/2015 - 16:49 | 5721848 carbonmutant
carbonmutant's picture

Still time to have another drink before last call...

Thu, 01/29/2015 - 16:48 | 5721852 Soul Glow
Soul Glow's picture

Ain't ol' Chuckie happy.

Thu, 01/29/2015 - 16:56 | 5721909 the not so migh...
the not so mighty maximiza's picture

most telling is she did it herself,  this year will be interesting

Thu, 01/29/2015 - 17:01 | 5721911 Meatballs
Meatballs's picture

Immediately? Tell it like it is douchebag- NEVER!

 

In other news, it appears that the rabble got under McCranky's skin today- “Get out of here, you low-life scum,” the Arizona Republican said Thursday to members of Code Pink, the anti-war group.

 

Nice. Someone please pitchfork this fuck.

Thu, 01/29/2015 - 17:04 | 5721937 Chuck Knoblauch
Chuck Knoblauch's picture

Is McCrazy going to the game Sunday?

Thu, 01/29/2015 - 17:01 | 5721931 Chuck Knoblauch
Chuck Knoblauch's picture

Yellen told me she wears wool socks and a garter belt to each Fed meeting.

Thu, 01/29/2015 - 17:01 | 5721933 aztrader
aztrader's picture

I wished I lived in a third world banana republic so that I could expect such BS from the govt.   These people have no shame.  Watching the DOW up at 85 points and then out of nowhere rally another 120 plus points.  How many of her gubberment cronies got a play on that move before anyone else knew Schumer was going to spill the beans publicly?

Pure market manipulation at its best.  They don't even try to hide it.

Thu, 01/29/2015 - 17:25 | 5722052 ForWhomTheTollBuilds
ForWhomTheTollBuilds's picture

"They don't even try to hide it."

 

It has occured to me that the elites are now breaking the law in full public view in order to demonstrate to us their power to do so.  I think it may be part of a conditioning process.

They are (in their minds) giving us a chance to surrender to them quietly now rather than put up some kind of fight where they could hurt us with the power they are currently demonstrating.

Thu, 01/29/2015 - 17:32 | 5722086 Wait What
Wait What's picture

you didn't know they were going to do this?

the last arrow in the Fed policy quivver is 'the leak'

to keep inflation going higher, assets have to keep going higher. anything else is 'deflationary' hence not acceptable.

never mind that if stocks drop to pre-QE3 levels, all hell is goin to break loose in derivatives land.

everyone got long the reflation trade and won't capitulate so easily, least of all the Fed.

not until they actually lose control (oil) will they accept the inevitability of the deflationary vortex... then markets will finally realize the jig is up. by then some other 'external' shock will likely take the attention off the Fed's failure.

capitulation will happen, just not yet.

Thu, 01/29/2015 - 17:52 | 5722190 The Fonz...befo...
The Fonz...before shark jump's picture

Disgorgement!!!!

Thu, 01/29/2015 - 17:02 | 5721935 The worst trader
The worst trader's picture

It seems that things must be much worse than the sheeples have been told or why else would the Fed do this?

Thu, 01/29/2015 - 17:04 | 5721941 Its_the_economy...
Its_the_economy_stupid's picture

"What ever it takes"-part deux

Thu, 01/29/2015 - 17:09 | 5721957 Dr. Engali
Dr. Engali's picture

She should have told the truth..... No rate increase ever.

Thu, 01/29/2015 - 17:10 | 5721971 czarangelus
czarangelus's picture

They're not even pretending not to be robbing us anymore.

Thu, 01/29/2015 - 17:14 | 5722002 Chuck Knoblauch
Chuck Knoblauch's picture

E&Y and Deloitte are supposed to be independent in fact and appearance?

Shameful!

Thu, 01/29/2015 - 17:30 | 5722077 Clowns on Acid
Clowns on Acid's picture

Can we audit Chuckie's E Trade account ?

Thu, 01/29/2015 - 17:45 | 5722141 nakki
nakki's picture

Is anybody really surprised by this. In 2010 I thought by the end of 2011 rates would be 1-1.5%. I was wrong. Rates might hit 1-1.5% in 2018. By that time QE6 will be underway. How in this world of negative rates can the FED move rates higher? 4 years and I'm still waiting.

Thu, 01/29/2015 - 17:52 | 5722189 Chuck Knoblauch
Chuck Knoblauch's picture

You assume the Federal Reserve Note will exist in 4 years?

Thu, 01/29/2015 - 17:45 | 5722150 Chuck Knoblauch
Chuck Knoblauch's picture

The new Treasury Reserve Note is going to shave profits across the board when issued. They will tell you it's a 1:1 conversion, and you can believe that if you wish. Old Chuckie is buying Silver if he's smart.

Thu, 01/29/2015 - 17:49 | 5722164 BeerMe
BeerMe's picture

Instead of innuendo the Fed now blatantly tells you they run the market and are helping those in the know frontrun the thing.

Thu, 01/29/2015 - 17:53 | 5722197 SheepDog-One
SheepDog-One's picture

'No rate increase 4eva'....been fucking sayin that ever since they first started spewing that BS....ok so now what?

Thu, 01/29/2015 - 18:09 | 5722279 DrNybble
DrNybble's picture

Democrats don't even CARE if the public knows the Fed is working hand in hand with them.

Because the Fed is working WITH a specific political party, you can presume they are working AGAINST the other.

Fri, 01/30/2015 - 13:47 | 5722725 MeelionDollerBogus
MeelionDollerBogus's picture

As soon as the other party's in power that's the one they'll work with.

The tribe has loyalty only to its dual citizens with influence.

Thu, 01/29/2015 - 18:25 | 5722377 Bopper09
Bopper09's picture

How does this bitch not get shot?  And all the rest of the Fed of course.  Seriously, if someone walked into your house and started stealing all your shit, Boom.  But when the Fed's steal all your shit, nothing.  This is so fucking obvious as to what's happening they don't even hide it anymore.  How long until a public revolution?  I hate to say it, but a civil war against government and fed is what is needed to fix this, and get back to a free market.

Thu, 01/29/2015 - 18:32 | 5722412 dexter_morgan
dexter_morgan's picture

So..... where was presidential hopeful Fauxcohantas in all this? She is no doubt screaming foul and calling on the SEC to procecute her fellow democrats?

.......didn't think so.

No grandstanding moment photo op to be had.

 

 

Thu, 01/29/2015 - 18:37 | 5722427 numapepi
numapepi's picture

If there was any justice... anyone trading on that info would go to jail ala Martha Stewart.

But sadly, there is no justice when some are above the law, and others are below it.

Boy is it past time to police the elite!!

https://www.smashwords.com/books/view/277193

Thu, 01/29/2015 - 18:47 | 5722456 KittyStix
KittyStix's picture

This is crazy. Fracking eliteist crap that is bound to break the working stiffs back as they step on us filling their pockets.

Pop already...

Thu, 01/29/2015 - 18:49 | 5722466 orangegeek
orangegeek's picture

yellen was appointed by barry the communist pig - no surprises here

 

conflict of interest?  never heard of it.

 

insider information?  wassat?

 

unethical piece of shit - now we're talking - FUCK YOU YELLEN

 

Thu, 01/29/2015 - 19:38 | 5722649 the grateful un...
the grateful unemployed's picture

wow that seems vaguely unethical.

Thu, 01/29/2015 - 19:54 | 5722727 reTARD
reTARD's picture

<--- LOL. LOL. Truly, LOL.

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