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Rep. Sean Duffy Crushes Yellen: "If Anyone Is Trying To Sweep This Leak Under The Rug - It's The Fed"

Tyler Durden's picture




 

We said previously that today's "Humphrey-Hawkins" testimony Q&A would be punchy and sure enough while Chairman Hensarling took an early swing, Wisconsin Rep. Sean Duffy was the man to go toe-to-toe with Janet "I am the law" Yellen over the Fed's stunning ignorance of Congressional legal proceedings. "You did nothing," he begins, "you're so concerned about bringing the leaker to the forefront that what will you do? Nothing!" Yellen replies, reading from a seemingly prepared statement, The Fed has "clear rules" for leak investigations and Duffy cuts her off with a sharp upper cut, "That's true, you did not follow those rules.. if anyone is trying to sweep this under the rug, it is The Fed!" We suspect somewhere Pedro da Costa is smirking...

 

Enjoy...

* * *

Not quite what we expected (but close)...

 

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Wed, 07/15/2015 - 12:24 | 6315682 Occident Mortal
Occident Mortal's picture

I'm shocked, maybe congress actually has a purpose after all?

Wed, 07/15/2015 - 12:32 | 6315719 cowdiddly
cowdiddly's picture

What ever gave you that I idea, because he said I am the Law? ooooohhh tough guy

Did you hear him say "Bailiff please take this member into custody"? No?

That's the Circus part that goes with your bread. Now eat.

 

Wed, 07/15/2015 - 12:35 | 6315747 chunga
chunga's picture

The MF Global hearings were riveting too.

Where in the world is John Corzine?

Wed, 07/15/2015 - 12:46 | 6315786 cowdiddly
cowdiddly's picture

or Jamie Dimon, Eric Holders, The auto Execs. ask a few pre reheased tough guy questions while putting on your best menacing scowl face then adjorn and forget the whole thing. Congressional Hearing/ Take Three/Action.  CUUUT

Look Benarke you gotta look scared, make your lips quiver or something. Makeup, fix his executive hair.

Wed, 07/15/2015 - 12:47 | 6315810 Pure Evil
Pure Evil's picture

Really, who let the Republicans off the brown nose reservation?

Are they over compensating for their treacherous behavior over Obamacare and the TPP/TPA.

Methinks this all a lot of noise. Mere theater until the next crisis they can't let go to waste?

Maybe they're using this to distract from their obvious lack of action on Obama's Iran nuclear deal.

Wed, 07/15/2015 - 12:47 | 6315812 Son of Loki
Son of Loki's picture

Millions of America’s young people are really struggling financially. Around 30 percent are living with their parents, and many others are coping with stagnant wages, underemployment, and sky-high rent.

And then there are those who are doing just great—owning a house, buying a car, and consistently putting money away for retirement.

These, however, are not your run-of-the-mill Millennials. Nope. These Millennials have something very special: rich parents.

 

http://finance.yahoo.com/news/millennials-thriving-financially-one-thing...

Wed, 07/15/2015 - 13:26 | 6315987 madcows
madcows's picture

Fist things first. Don't link to Yahoo.  That's like linking to the NYT or the Huffington Post.

Second, why is having rich parents is a crime?  Don't you want to accumulate wealth?  Don't you want to take care of your family, financially.

Please separate earned wealth from stagnant wages, underemployment, high rent, etc...  Wages are stagnant b/c everyone is loaded with debt, the country is competing with slave labor, and government passed NAFTA.  Same for underemployment.  And rent is high b/c the FED made borrowing cheap.  Shitloads of people bought places at sky high prices.  Now, they need to rent them at sky high rates just to make the payments.  Hate the bankers, the politicians and the corporate elites that bought congress.  But, you dont' need to hate the successful business man.  that just shows your common core education.

Wed, 07/15/2015 - 15:58 | 6316716 Casey Stengel
Casey Stengel's picture

Yes, rich parents is one reason but there is another reason some millenials are doing OK. They had parents who were rich in knowledge of how to manage money and how the central bank warfare model works. When our kids were 10 years old they knew about budgeting. When they were 15 they learned about college as an investment and they had to choose something they liked that also had a future for success. At 29 they each bought a house they could afford and their wives had the freedom to continue working or they could stay at home with the baby. They learned some hard realities about money within the loving confines of our home so they could avoid the merciless rod of the financial taskmasters of the preditory system. It's not rocket science. It's very gratifying to hear your kids comment on other millenials who got stupid degrees and then made other stupid choices. One of my sons says "nobody made them make stupid decisions." I reminded him that perhaps no one ever told them not to make those stupid choices. 

Wed, 07/15/2015 - 12:49 | 6315816 Winston Churchill
Winston Churchill's picture

Unless she/he was perp walked/frogmarched out by the Master at Arms, its just more Kabuki.

Wed, 07/15/2015 - 13:32 | 6316027 disabledvet
disabledvet's picture

Yeah, pretty much. The insinuation alone that she herself is the leaker should force her to resign.

"What else are you lying about?"

Wed, 07/15/2015 - 12:31 | 6315724 ParkAveFlasher
ParkAveFlasher's picture

This is an attempt to change the discourse / narrative from "why isn't our money sound money?" to "why aren't TPTB secrets being kept tight?"

This attempt is veiled as partisan swiping or grandstanding. 

Fiat currency fuels only war, expands only war, and needs war propaganda.  True growth is based on equity, indicating fiscal health, transmitted by sound money free of counterparty risk or wealth confiscation by centralized powers.

 

 

Wed, 07/15/2015 - 12:33 | 6315736 Pheonyte
Pheonyte's picture

Am I the only one who wants to shove an ice pick through my ear when I hear her talk? It's unfuckingbearable.

Wed, 07/15/2015 - 12:37 | 6315759 i_call_you_my_base
i_call_you_my_base's picture

No, her voice is the worst. I think they chose her because no one can stand listening to her.

Wed, 07/15/2015 - 13:14 | 6315926 NotApplicable
NotApplicable's picture

Ranks right up there with Bogon poetry, I imagine*.

*As I've never heard the sound of her voice.

Wed, 07/15/2015 - 12:41 | 6315782 LoneStarHog
LoneStarHog's picture

She looks like Charlie Brown's much, much older sister...Surely, they are siblings?

Wed, 07/15/2015 - 13:04 | 6315875 XitSam
XitSam's picture

Your ear? What about her ear?

Note to the AG SDNY: this is only internet bluster and should not be considered a "true threat".

Wed, 07/15/2015 - 12:43 | 6315796 LoneStarHog
LoneStarHog's picture

Oh Pahleeze!...This is the pot calling the kettle "black", but the pot keeps using the kettle...No!...For all you Libtards, this is NOT raycesssssss.....

Wed, 07/15/2015 - 12:46 | 6315806 jcaz
jcaz's picture

It's worth it to expose how slow Mrs Doubtfire really is on her feet-   way to counter,  Ms Master of the World.......

Wed, 07/15/2015 - 12:51 | 6315825 drendebe10
drendebe10's picture

"There ain't nuthin uglier than an old white woman."  Fred Sanford, Sanford & Son

Wed, 07/15/2015 - 13:11 | 6315907 LoneStarHog
LoneStarHog's picture

Michael Obozo?...Do trannys count?

Wed, 07/15/2015 - 12:52 | 6315827 booboo
booboo's picture

The Banking Mafia knows full well that as the system deteriorates congress would lash out and that is why the put Grandma Corleone up front to garner sympathy from Fembot nation.

 

Wed, 07/15/2015 - 13:19 | 6315951 BlueStreet
BlueStreet's picture

That's the guy who was on MTV Real World, the Boston edition.  Reality star turned politician. Married to another reality star. He's an idiot. We went to college together. The country is doomed as long as we keep electing these types. 

Wed, 07/15/2015 - 13:22 | 6315963 kchrisc
kchrisc's picture

LOL.

Not Shakespeare, but most certainly theater.

Liberty is a demand. Tyranny is submission..

 

Pols and crats have no personal belief system, other than money and power.

Wed, 07/15/2015 - 13:24 | 6315976 sgt_doom
sgt_doom's picture

Talk is cheap (although appreciated), until that time they throw Yellen's low class ass in jail, the law is NOT being upheld!

(Everytime I hear her talk, I believe she correctly represents that low-class criminal act called the Fed with her decidedly low class NY accent!)

Wed, 07/15/2015 - 12:24 | 6315685 CunnyFunt
CunnyFunt's picture

Stay away from tall buildings, Mr. Duffy.

Wed, 07/15/2015 - 12:28 | 6315716 Crazy Canuck
Crazy Canuck's picture

and rabid grandmas with nail guns

Wed, 07/15/2015 - 12:29 | 6315717 Crazy Canuck
Crazy Canuck's picture

bulgarians with umbrellas - stay away from them too

Wed, 07/15/2015 - 13:05 | 6315881 XitSam
XitSam's picture

"Beware of the Dwarf"

Wed, 07/15/2015 - 12:41 | 6315691 hedgeless_horseman
hedgeless_horseman's picture

 

 

I have made a small edit to my post from 2010:

09/03/2010

 

Fundamental analysis?  Earnings?  Technical analysis?  Charts?  We don't have a prayer when Ben Janet has his finger on the button under the [roulette] table.

 

You can take the ghosts of Graham, Dodd, Edwards, and McGee, as well as every CFA on the planet to manage a portfolio.  I'll take one insider at 33 Liberty and my performance will wipe the men's room floor with yours.

 

http://www.zerohedge.com/article/ecri-declines-passes-below-double-dip-1...

If you don't think the trading desks of the very same banks that own The Fed don't know exactly what Fed policy is going to be, then I have some interest rate swaps to sell you.

If you think that The Fed, which has regulatory oversight of the very same banks that own it, is going to do something about this conflict of interest, then I have some US Treasury futures to sell you.

Wed, 07/15/2015 - 12:26 | 6315696 Bill of Rights
Bill of Rights's picture

If the dumbed down public only knew what the fuck was going on...But hey the MSM just told me what color dress to buy for wedding season so all is well...this is what they consider news folks...

Wed, 07/15/2015 - 12:31 | 6315733 KnuckleDragger-X
KnuckleDragger-X's picture

Ask any member of the free shit army what the FED is and you'll get a blank stare, because they rely on Comedy Central and MTV to tell them what to think. Sigh... it's too early to start drinking.....

Wed, 07/15/2015 - 14:06 | 6316224 laser
laser's picture

Most people would have to be straight jacketed and diapered if they figured out what is going on.

Wed, 07/15/2015 - 12:26 | 6315697 aliki
aliki's picture

jeff gundlach now mentioning the term "negative rates"

thats twice in 1 day (first was a republican memeber of congress who probed the idea of it against yellens skin like smelting-hot branding iron)

Wed, 07/15/2015 - 12:26 | 6315698 Bush Baby
Bush Baby's picture

Audit the Fed already!

Wed, 07/15/2015 - 12:33 | 6315737 nope-1004
nope-1004's picture

END THE FED
END THE FED

END THE FED
END THE FED

END THE FED
END THE FED

END THE FED
END THE FED

END THE FED
END THE FED

END THE FED
END THE FED

Wed, 07/15/2015 - 12:57 | 6315848 European American
European American's picture

Arrest the FED

Wed, 07/15/2015 - 13:16 | 6315937 NotApplicable
NotApplicable's picture

I take it that you're unaware that there's not a single jurisdiction on the planet that has the authority to arrest her, as BIS members have FULL IMMUNITY.

Wed, 07/15/2015 - 13:32 | 6316026 European American
European American's picture

Perjury?

Wed, 07/15/2015 - 13:34 | 6316037 kchrisc
kchrisc's picture

The FedRes is an Unconstitutional fifth-column cabal plundering the American country and people. As such it is a criminal institution, and all of its executives and employees, including the janitors, are in violation of Article 3, Section 3 of the Constitution.

Beyond the Constitution, the FedRes is a perpetrator of, at a minimum, theft and murder.

Therefore, any, and all Americans have the authority to arrest all of those working for or associated with the FedRes.

The FedRes is not above the Constitution or the people.

Liberty is a demand. Tyranny is submission..

 

There shall be Retribution.

Wed, 07/15/2015 - 12:27 | 6315700 Dixie Flatline
Dixie Flatline's picture

Modern day Sodom.  If they were all struck blind, they would still be fighting to destroy us.

Wed, 07/15/2015 - 12:27 | 6315707 Hondo
Hondo's picture

We need more of him in congress!!

Wed, 07/15/2015 - 14:21 | 6316294 Berspankme
Berspankme's picture

Why? Does nothing, just words. Until that ugly fucking bitch and bernanke are in chains it's just a show. Lots of congress talk big, seen any action on fast and furious, benghazi, syria, ukraine, Hilary's server, illegal immigration, et al ?  Nada, nothing

 

Fuck everyone of you congressmen. Hope you all die in a fire. Treasonous pigs

Wed, 07/15/2015 - 12:27 | 6315708 williambanzai7
williambanzai7's picture

Nail Gun Nelly...

Wed, 07/15/2015 - 12:29 | 6315712 Oldwood
Oldwood's picture

Justice is BLIND!

Hear no evil, see no evil, speak no evil (about ourselves)

Wed, 07/15/2015 - 12:28 | 6315714 Shizzmoney
Shizzmoney's picture

After seeing this today...she is nothing more than a well paid puppet.  She controls nothing.  Deer in the headlights, "I have no fucking clue what I am doing", look.  

At least I hope so.  Otherwise she's another sweet looking small Jewish woman who will cut your balls off when your back is turned.

Wed, 07/15/2015 - 13:47 | 6316107 Blankenstein
Blankenstein's picture

Sweet looking?

Wed, 07/15/2015 - 13:49 | 6316119 damicol
damicol's picture

Well for sure that would be true  of the fucking Kenyan faggot with a penchant for a shitty cock as is bound to be found with his balls hanging from some fuckers arsehole.

I keep my balls where I can see them.

Wed, 07/15/2015 - 12:28 | 6315715 Able Ape
Able Ape's picture

Remember folks, it was none other than former Federal Reserve Vice Chairman Alan Blinder – while appearing on the Nightly Business Report back in 1994 – issued these prescient words,

“the last duty of a central banker is to tell the public the truth”.....

Wed, 07/15/2015 - 12:29 | 6315718 EverythingEviL
EverythingEviL's picture

I've never heard her speak before, GOD SHE SOUNDS LIKE A RETARD!

Wed, 07/15/2015 - 12:31 | 6315730 Bill of Rights
Bill of Rights's picture

Shes just a mouth piece for the big fish, nothing more. They know shes an idiot, but like all tyrannies and corruption they need a fall guy/gal.

Wed, 07/15/2015 - 12:31 | 6315734 Oldwood
Oldwood's picture

What we may have overlooked is that Skynet may have already become self aware. These are automatons reading their texts on que.

Wed, 07/15/2015 - 13:02 | 6315867 European American
European American's picture

"I've never heard her speak before, GOD SHE SOUNDS LIKE A RETARD!"

No, she sounds like the ideal spokesperson. Like a little old lady librarian with her mop white haircut that you want to feel sorry for. They knew exactly what they were doing when they brought her on board. 

Wed, 07/15/2015 - 13:44 | 6316084 sgt_doom
sgt_doom's picture

Negative!

She definitely sounds like a RETARD!

Wed, 07/15/2015 - 13:37 | 6316048 Ballin D
Ballin D's picture

the funny thing is, shes usually a lot worse. She kept the stutter down this time.

Wed, 07/15/2015 - 12:30 | 6315727 Joebloinvestor
Joebloinvestor's picture

The FED doing her version of FUCK YOU.

Wed, 07/15/2015 - 12:35 | 6315742 B2u
B2u's picture

I am shocked, shocked....here is your money Chairman Yellen...

https://www.youtube.com/watch?v=SjbPi00k_ME

Wed, 07/15/2015 - 12:36 | 6315750 ThisIsBob
ThisIsBob's picture

Nobody (present company excepted) gives a shit.

Wed, 07/15/2015 - 12:37 | 6315760 Seasmoke
Seasmoke's picture

Arrest her for TREASON right there right now, right on the spot ......if NOT, fuck everyone .......i dont want to hear words any more.....no actions, means no results

Wed, 07/15/2015 - 12:42 | 6315791 Bastiat
Bastiat's picture

 You are under arrest for contempt of Congress.  Clap that woman in irons! 

What should have happened when Hank Paulson presented his 3 page coup termsheet.

Wed, 07/15/2015 - 12:37 | 6315761 the grateful un...
the grateful unemployed's picture

planet janet

Wed, 07/15/2015 - 12:39 | 6315770 Consuelo
Consuelo's picture

It must be insulting to have a couple of hayseed Goy tell a senior member of the moneychangers what time it is.   They'll likely be given an IRS tune-up at some point...

Wed, 07/15/2015 - 12:40 | 6315780 Jack Daniels Esq
Jack Daniels Esq's picture

Hang bitchez Yellen & Clinton before the fuck America totally

Wed, 07/15/2015 - 12:42 | 6315795 starman
starman's picture

Is this sound like the Roman Senate or what? 

Wed, 07/15/2015 - 12:46 | 6315808 q99x2
q99x2's picture

In a civilized world she would wear a pillory and decent people would throw shit at her.

Wed, 07/15/2015 - 12:48 | 6315814 elegance
elegance's picture

She is fucking retarded. 

Wed, 07/15/2015 - 13:01 | 6315856 ChargingHandle
ChargingHandle's picture

It so evident now. Yellen is a puppet and her strings are controlled by Goldman Sachs, JP Morgan, and other elitist controllers. She might as well had said What is thy bidding, my masters.

Wed, 07/15/2015 - 13:05 | 6315877 Chuck Knoblauch
Chuck Knoblauch's picture

Goldman and JP are controlled by the Trusts.

Money so old, it's mummified and fossilized.

Wed, 07/15/2015 - 13:06 | 6315868 Chuck Knoblauch
Chuck Knoblauch's picture

Who is Duffy?

Where's Turkey neck and the Tan Drunk?

Vagina's are durable.

Wed, 07/15/2015 - 13:12 | 6315914 kchrisc
kchrisc's picture

Guillotine the Fed. Audit the heads.

Liberty is a demand. Tyranny is submission..

Wed, 07/15/2015 - 13:19 | 6315939 exartizo
exartizo's picture

LIGHT INTRODUCTIONS PRESENTS

Fly On The Wall Productions

A Moment of Clarity With The Bankster Representative and Mr. Yellen

 

Subordinate Oligarch Bankster Representative:

 

Are you ready to take a little heat Janet?

 

Mr. Yellen:

 

Do I really have to go through this formality?

 

Subordinate Oligarch Bankster Representative:

 

Don’t worry it’s all Blustery Bloviating Pontificating Pre Election Posturing. This will go away soon. But you know we have to “honor” what looks like due process on this, so yes, you do have to show up and let them grill you a little. But stay cool and it will all go away when the media eye moves elsewhere.

 

Mr. Yellen:

 

So Jeb and his bunch get to use and abuse me a little bit, make me look either stupid, incompetent, inept, or outright lying?

 

Subordinate Oligarch Bankster Representative:

 

Yes, I’m afraid so. But don’t worry your legacy at the Fed will remain intact and this will blow over.

 

Mr. Yellen:

 

Just don’t let them call me an idiot.

Wed, 07/15/2015 - 13:56 | 6316152 detached.amusement
detached.amusement's picture

Funny how the words with the most truth to them cut them the most.

 

Kinda like a couple exes of mine - one absolutely abhorred the word cunt (which she was, through and through) and the other would practically get stabbey if you called her a bitch (unless you were plowing her, then oddly enough it was the biggest turnon ever, go figure!)

Wed, 07/15/2015 - 13:32 | 6316029 orangegeek
orangegeek's picture

It would have been of far greater value if Duffy would have jumped over the desk and punched the fucking shit out of Yellen.

 

 

Wed, 07/15/2015 - 13:37 | 6316047 rosiescenario
rosiescenario's picture

Anyone think that our political elite in D.C. might actually do something to this puppet whose strings run to GS???

 

So long as GS keeps donating the "elected" will not do anything that might hurt their patron.

Wed, 07/15/2015 - 13:46 | 6316100 stock market loser
stock market loser's picture

She looks like an old dead bird.

Wed, 07/15/2015 - 15:03 | 6316476 PleasedToMeatYou
PleasedToMeatYou's picture

He firmly requests the documents, on camera, and that's nice. 

Why isn't she help in contempt of Congress!?!  'Cause there isn't enough spine on the Hill to make it happen.  Just pose for the cameras and make the old bitch look bad. 

Wed, 07/15/2015 - 16:21 | 6316817 bluskyes
bluskyes's picture

At least she hasn't pulled out the crying card yet.

Wed, 07/15/2015 - 16:31 | 6316846 Raul44
Raul44's picture

Duffy was always great and of the least stupid in the congress, love that guy:

https://www.youtube.com/watch?v=F7cHuA-7Y6I

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