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Janet Yellen Spent More Time Meeting With Foreign Officials Than Members Of The White House

Tyler Durden's picture




 

Back in January, the FOMC surprised many when in its statement is noted that in addition to financial it was also keeping tabs on "international developments" making many wonder just whose central bank the Fed is.

This was compounded yesterday following the release of the FOMC minutes, in which the Fed said that "Many participants continued to judge that a deterioration in the foreign economic situation could pose downside risks to the outlook for U.S. economic growth" adding that "China was noted as a factor restraining economic expansion in a number of countries, and several continuing risks to the international economic outlook were cited, including global disinflationary pressure, tensions in the Middle East and Ukraine, and financial uncertainty in Greece."

Why Yellen's obsession with all things international? The answer may lie in Yellen's 2014 calendar, which the WSJ has parsed and found that of her 950 meetings from February to December (one wonders just when does the Fed chair actually do work outside of meeting rooms of course), the Fed chair spent more time conversing with foreign officials (68 meetings) than with members of the White House (51 meetings).

The chart below breaks down the total number and the running average of meeting held by Yellen in the past year. Of these the most important without doubt are her 19 meetings with various bankers including Blankfein and Dimon. The only silver lining: the academic wasted only 5 meetings on other academics. Far more important was the media, which saw Yellen dedicate some 30 meetings of her time. Because in the end it is all about the "narrative."

 

Finally, here is the full breakdown by day:

 

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Thu, 02/19/2015 - 12:37 | 5803795 maskone909
maskone909's picture

how many meetings did they spend with the guy whose 401K was crushed, house repo'd, family destroyed, and savings stolen?

Thu, 02/19/2015 - 12:41 | 5803819 Colonel Klink
Colonel Klink's picture

Oooo....oooo....I know that one.....ZERO!

Thu, 02/19/2015 - 12:43 | 5803826 J S Bach
J S Bach's picture

" ...making many wonder just whose central bank the Fed is."

 

I think those with a brain know whose bank "The Fed" is... and who the "foreign officials" are.

Thu, 02/19/2015 - 12:47 | 5803845 Dr. Richard Head
Dr. Richard Head's picture

But it is important that the Fed acts independently....independent of logic, that is.  FUCK THE FED and Grandpa Yellen.

Thu, 02/19/2015 - 12:53 | 5803853 nope-1004
nope-1004's picture

END THE FED.  Geithner, Rubin, Summers, Greenspan, Bernanke, Yellen, Bush, Clinton, Obama.... need to go to prison for treasonous acts against US citizens.

How a private firm can have so much power over ALL nations and peoples proves that elections mean NOTHING.

 

Thu, 02/19/2015 - 13:11 | 5803956 Mountainview
Mountainview's picture

Given the formal independence of the FED consider this a s good news.

Thu, 02/19/2015 - 13:25 | 5804013 mvsjcl
mvsjcl's picture

Plotting treason, no doubt.

Thu, 02/19/2015 - 17:51 | 5805366 NidStyles
NidStyles's picture

Don't have to plot something that is the stated activity of her position.

 

I bet most of those people are UN Bankers. For the IMF and World Bank that is. The UN is systematically taking over everything without consent.

 

 

 

 

Thu, 02/19/2015 - 13:47 | 5804116 KnuckleDragger-X
KnuckleDragger-X's picture

Not "end the Fed' but destroy the Fed...with extreme prejudice...

Thu, 02/19/2015 - 12:51 | 5803860 Calmyourself
Calmyourself's picture

Why would she spend time with the narcissistic nincompoop, he does what he is told by his handlers quite well..

Thu, 02/19/2015 - 13:03 | 5803912 rccalhoun
rccalhoun's picture

why the fuck is she meeting with anyone?    the fed is supposed to be neutral and not available for lobbying and coaxing.  fucking bull shit.

Thu, 02/19/2015 - 13:04 | 5803921 Colonel Klink
Colonel Klink's picture

Hahaha, I wanted to do an edit but it was too late.  Ozero hasn't been harmed by the Fed's actions as he's been able to accumulate/steal/accept bribery faster than it's being devalued.

Thu, 02/19/2015 - 12:47 | 5803847 MarketAnarchist
MarketAnarchist's picture

Its pointless to think of this in terms of nationality.   There are simply global elites, who run the political theater from behind the scenes and are rob everyone blind in the process.

Thu, 02/19/2015 - 12:49 | 5803854 PartysOver
PartysOver's picture

What? Wait.   If the Fed is independent why would they be having so many minutes at the White House? 

Is there a 4th Branch of Gubbermint that I did not know about?

Thu, 02/19/2015 - 12:57 | 5803864 maskone909
maskone909's picture

great point.  why have any meetings with any officials for that matter?  the only thing they should be meeting with are graphs and pie charts. 

 

edit

 

typical meeting

old yeller:  hey just a heads up we are going to be implementing a new policy that will most likely crush XXX currency.  you should really consider hedging that position and nailgunning your FX manager.

 

forign bank official:  thanks bro.  thanks for the heads up bro.  boy am i glad we had this meeting.  your beard is really filling in btw bravo! 

 

seconds later  XXXX bank hedges position.  next day policy is written.  XXX bank makes a killing and FX manager is suicided.

Thu, 02/19/2015 - 13:43 | 5804103 Sanity Bear
Sanity Bear's picture

The Fed is independent of the US government, but the reverse is not true. Shows the actual pecking order of things, and further reveals that the US is not an independent nation but rather an economic colony of the money masters.

Thu, 02/19/2015 - 12:56 | 5803871 NoDebt
NoDebt's picture

Here's how the meetings with "foreign officials" go:

"So, Janet... may I call you Janet?... Janet, what you're saying is that you want to buy SPOOS but the Fed is legally prohibited from doing it themselves."

"Yes, that's correct."

"And so you want to give US Dollars to OUR central bank and have us buy SPOOS for you?"

"Exactly."

"You're back-stopping us against any losses on this, of course, right?"

"Of course."

"No legal entanglements?"

"No, not unless you consider getting called out on 'fringe' blog sites like Zero Hedge a problem."

<whole room erupts in raucous laughter>

"Ok, Janet.  No problem.  We're in,  We'll do it."

 

Thu, 02/19/2015 - 15:11 | 5804555 The.Harmless.Jew
The.Harmless.Jew's picture

 

 

Well, come on now...

 

To Yellen (Bernanke, Greenspan before her, and Fischer after her), Zionist entities are not "foreign" entities.  

 

So, just to be clear:  To the US citizen that is getting screwed by the Fed, sure the ol' bitch spends time with foreigners; but to Yellen herself, Zionist entities aren't foreign - that's practically home! 

 

Fuck Zionism

Thu, 02/19/2015 - 12:59 | 5803893 Stoploss
Stoploss's picture

maskone909

They don't say. But if his ass heals up and he can hold blood pressure, it's the first question..

Thu, 02/19/2015 - 13:04 | 5803924 maskone909
maskone909's picture

thats what the affordable healthcare act is for right? rectal bleed repair

Thu, 02/19/2015 - 13:26 | 5804019 glenlloyd
glenlloyd's picture

stolen? I think you must mean 'bailed-in?'

Thu, 02/19/2015 - 18:28 | 5805530 lester1
lester1's picture

The Fed does have about 10 "primary dealer" banks that are foreign..

Thu, 02/19/2015 - 12:38 | 5803799 mtndds
mtndds's picture

they control everything.

 

Thu, 02/19/2015 - 13:03 | 5803911 Usurious
Usurious's picture

 

 

what does Stan (fischer) think?

Thu, 02/19/2015 - 12:40 | 5803814 Colonel Klink
Colonel Klink's picture

Of course she did, the feral Federal reserve is controlled by non-US owners, AKA thieves, liars, and tribemasters.

Thu, 02/19/2015 - 12:41 | 5803818 yogibear
yogibear's picture

Maybe Yellen can print more and bailout the PIIGS.

Yellen, Dudley, Evans are not happy unless they can QE.

Thu, 02/19/2015 - 12:43 | 5803823 Bill of Rights
Thu, 02/19/2015 - 12:43 | 5803825 The Duke of New...
The Duke of New York A No.1's picture

Gotta spread the money love around.

Thu, 02/19/2015 - 12:44 | 5803829 Kaiser Sousa
Kaiser Sousa's picture

thats why the Fraud markets levitate away all losses in the last hour of trading in London every fucking day...

ok, now i got it.

 

FUCKING MONEYCHANGER WHORE.

Thu, 02/19/2015 - 12:47 | 5803830 George Soros
George Soros's picture

How dares she! She does not love merica!

 

Bullish though!

Thu, 02/19/2015 - 12:47 | 5803844 barry2001
barry2001's picture

If you are into drones check out this site http://pickyourdrone.com/

Thu, 02/19/2015 - 12:47 | 5803846 George Soros
George Soros's picture

In all fairness we met a couple of times too and I am not a foreign official so...

Thu, 02/19/2015 - 18:04 | 5805421 Fukushima Fricassee
Fukushima Fricassee's picture

Fuck you George, Fuck you very much.

Thu, 02/19/2015 - 12:49 | 5803851 Keltner Channel Surf
Keltner Channel Surf's picture

Like Alexander the Great, this is her push toward Yellenization, spreading QE like uninoculated measles.

Thu, 02/19/2015 - 12:50 | 5803856 Son of Captain Nemo
Son of Captain Nemo's picture
Janet Yellen Spent More Time Meeting With Foreign Officials Than Members Of The White House

As she patted "Curious Barrry" on the top of his little coconut head and said run along now and shoot some hoop or wing the clubs while we do the "banks" business of running the World!

Thu, 02/19/2015 - 12:52 | 5803863 Seasmoke
Seasmoke's picture

Bernanke did the same fucking thing. Did we learn nothing from 2008 ????

Thu, 02/19/2015 - 12:52 | 5803867 Falconsixone
Falconsixone's picture

Funny she never meets with me?

Thu, 02/19/2015 - 12:58 | 5803888 FieldingMellish
FieldingMellish's picture

Sex parties?

Thu, 02/19/2015 - 13:16 | 5803976 cornfritter
cornfritter's picture

tupperware

Thu, 02/19/2015 - 13:05 | 5803895 nakki
nakki's picture

Let me reiterate, there is only ONE CENTRAL BANK. Janet does not make policy, she just does as she's told. Does anyone really think that some academic figurehead would be allowed to run THE WORLDS monetary policies. If you believe that you probably believe that Obama stayed up many late nights writing the ACA, and that congress actually writes legislation.

Thu, 02/19/2015 - 13:00 | 5803896 Dr. Engali
Dr. Engali's picture

 "making many wonder just whose central bank the Fed is."

 

I can tell you that it doesn't belong to any sovereign nation. Might want to ask Lord Rothschild that question.

Thu, 02/19/2015 - 13:01 | 5803905 gcjohns1971
gcjohns1971's picture

Duh...

The Federal Reserve Banks are majority owned by European banks.  Why did you think the European banks were present on Jekyll Island when the Fed was created?  They were representing the Rothschilds' interests.

Thu, 02/19/2015 - 13:18 | 5803985 Falconsixone
Falconsixone's picture

Duh....lol

It's just a game. Keep playing as long as you can.

Thu, 02/19/2015 - 13:04 | 5803922 whatthecurtains
whatthecurtains's picture

She needed to talk to people who understand economics and they sure ain't at the fricking WH.

Thu, 02/19/2015 - 13:11 | 5803954 NihilistZero
NihilistZero's picture

The White House understands our form of eCONomics very well. Rob from the poor and give to the rich. Same as it ever was whether Team Red or Team Blue "controls" the building...

Thu, 02/19/2015 - 13:09 | 5803945 Doubleguns
Doubleguns's picture

Collapse of fiat comes to mind. Hence the meeting with all the fiat masters (printers). 

Thu, 02/19/2015 - 13:12 | 5803959 youngman
youngman's picture

I bet they were all at lunchtime so she could write that off too,,,,or maybe even dinner meetings.....all cental banks are best buddies...you buy my crap and I will buy your crap...its all good...

Thu, 02/19/2015 - 13:16 | 5803979 overmedicatedun...
overmedicatedundersexed's picture

tylers here is a nice corruption tid bit:

'The staff of the Senate Judiciary Committee focused Wednesday on Cruz’s allegations, first reported by WND Feb. 6, that Lynch, acting then in her capacity as the U.S. attorney for the Eastern District of New York, engaged in a Department of Justice cover-up. Obama’s attorney general nominee allowed HSBC to enter into a “deferred prosecution” settlement in which the bank agreed to pay a $1.9 billion fine and admit “willful criminal conduct” in exchange for dropping criminal investigations and prosecutions of HSBC directors or employees.
Read more at http://www.wnd.com/2015/02/hsbc-whistleblower-spills-lynch-evidence-to-s..."
Thu, 02/19/2015 - 13:25 | 5804011 Colonel Klink
Colonel Klink's picture

Corruption doesn't exist if the corrupt government says it doesn't.

Thu, 02/19/2015 - 13:24 | 5804006 FreeShitter
FreeShitter's picture

Im bullish till WWIII, that being said she works for the global satanic new world order, thats why.

Thu, 02/19/2015 - 13:37 | 5804075 Eyeroller
Eyeroller's picture

Why SHOULD the Ponzi Munchkin meet with Ovomit?

They know what the plan is:  Keep the Dow above 18.000 so they can brag that this is proof the economy is awesome.

Who needs more than one meeting to remember that?

Thu, 02/19/2015 - 13:44 | 5804108 SheepDog-One
SheepDog-One's picture

Well of course, planning the 1 world bank and currency.

Thu, 02/19/2015 - 14:23 | 5804197 Chuck Knoblauch
Chuck Knoblauch's picture

Janet eats more tuna salad than any of the people she meets.

So, that tells me Americans don't like tuna salad?

And that tells me that Janet aint kosher.

Thu, 02/19/2015 - 14:32 | 5804321 Bastiat
Bastiat's picture

They have to keep meeting to see who coughs up gold to make the next delivery.

Thu, 02/19/2015 - 14:40 | 5804365 CitizenPete
CitizenPete's picture

Only answer:

Audit-The-FED.blogspot.com

Thu, 02/19/2015 - 14:47 | 5804413 pragmatic hobo
pragmatic hobo's picture

you know things are desperate when markets *must* get ramped higher on daily basis ...

Thu, 02/19/2015 - 15:02 | 5804503 bobbydelgreco
bobbydelgreco's picture

i'll explain it to you morons the fed has 1 agenda & 1 agenda only devalue the dollar at which they are failing & will continue to fail get rid of your pm's idiots

Thu, 02/19/2015 - 15:13 | 5804567 dot_bust
dot_bust's picture

Why would Janet Yellen meet with Obama? He's her employee.

This is yet more evidence that the bankers control everything. Abolish the banks.

Thu, 02/19/2015 - 15:47 | 5804779 the grateful un...
the grateful unemployed's picture

only 19 meetings with bankers other than fed banks? makes me think there might be a breakup here between central banking and other than central banking

Thu, 02/19/2015 - 15:51 | 5804801 mastersnark
mastersnark's picture

Because there is no international cabal that actually runs things, you kooky conspiracy theorist.

Thu, 02/19/2015 - 19:42 | 5805852 WhackoWarner
WhackoWarner's picture

When exactly; and I want a confirmed an commited time/date.  Kinda like a ceasefire,

When EXACTLY is the US going to start minding it's own business.  Due to the fact that this is where the effort should be. The US should be minding it's OWN business. Not as if there was no need.

 

When the frig are they going to quit trying to take over the world?  My handle here is WhackoWarner; related to Pinky and the Brain, 2 lab rats who try to take over the world every night with various schemes.  Now The Brain actually begins to look like a super genius when compared to the existing bankers/politico/psycho clans.

 

 

 

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