Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
College Is for CooliesThe Fed board members are worried about inflation.
They have always been worried about inflation.
And they will always be worried about inflation.
Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.
Apparently you Geaux4it are NOT old enough.
What people should be demanding is, free college and abortions.
When folks say African nations are corrupt, or Latin American governments are corrupt, or Russia is corrupt, I laugh, they have no idea.Great column. Must read!!!
Corruption is rampant, but don't expect our corrupt government and MSM to fix or inform.
Audit the Drug War, not the Fed!Like all wars, the drug war is designed to enrich and empower government. It does not need auditing, it needs terminating...but alas, I know that won't ever happen.the drug war should be audited first.and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot
-Geaux
====================
Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response
Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.
Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge
When folks say African nations are corrupt, or Latin American governments are corrupt, or Russia is corrupt, I laugh, they have no idea.Great column. Must read!!!
Corruption is rampant, but don't expect our corrupt government and MSM to fix or inform.
In this category, we are certainly number one. We are so corrupt, we are the pros at this. Our corruption is so legendary, so professional, so vast, that regular folks are unaware of the magnitude of the corruption. The corruption is so endemic, it touches nearly everyone. They have regular people involved in the corruption, and they are unaware that they are participating in it, without even getting a cut of it other than living in the most cushy nation on Earth. Now THAT is some professional corruption.
When folks say African nations are corrupt, or Latin American governments are corrupt, or Russia is corrupt, I laugh, they have no idea.Great column. Must read!!!
Corruption is rampant, but don't expect our corrupt government and MSM to fix or inform.
In this category, we are certainly number one. We are so corrupt, we are the pros at this. Our corruption is so legendary, so professional, so vast, that regular folks are unaware of the magnitude of the corruption. The corruption is so endemic, it touches nearly everyone. They have regular people involved in the corruption, and they are unaware that they are participating in it, without even getting a cut of it other than living in the most cushy nation on Earth. Now THAT is some professional corruption.
The truly amazing thing is how easily the government and big media can dupe millions of Americans. I have learned to question everything the government and big media proclaim, because after all they have a very long history of lying.
People who expose the lies and corruption by government, as Gary Webb did, are denigrated and demonized by the media and government. It is all very disgusting...if America was really great, there would be a monument to Gary Webb and many others like him in DC.
Yep...like trying to fix Obamacare.The only to fix the FED, is to destroy it... fact
Yes, it does. It is a "profit" center, not a "cost" center, like good (central) Banks, should be.The Fed makes profit?The fed is a "profit center" not a cost center, like our wars on crime, drugs, poverty, and terror.
Yup; the Fed, "hard at work" generating "multibillion dollar bonuses for the People".The Fed makes profit?The fed is a "profit center" not a cost center, like our wars on crime, drugs, poverty, and terror.
About a $100 billion a year, lately.
and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot
-Geaux
====================
Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response
Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.
Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge
No, they are not. Central banking was found necessary and proper, since the Second Bank of the United States.Audit the Drug War, not the Fed!Like all wars, the drug war is designed to enrich and empower government. It does not need auditing, it needs terminating...but alas, I know that won't ever happen.the drug war should be audited first.and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot
-Geaux
====================
Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response
Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.
Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge
If you read that article I posted, you would see that they are one in the same.
Solving for simple poverty on an at-will basis through unemployment compensation, simply for being unemployed on an at-will basis in our at-will employment States; would solve the problem of dollars chasing education on an at-will basis, as well.College Is for CooliesThe Fed board members are worried about inflation.
They have always been worried about inflation.
And they will always be worried about inflation.
Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.
Apparently you Geaux4it are NOT old enough.
What people should be demanding is, free college and abortions.
With free tuition, the student still has to live like a teenager who is afraid to grow up. He has no pride because he has no talent to be proud of. All this class-biased indentured servitude system gets is the shallow end of the talent pool. But paying the students will get the most talented and motivate them to study. It will pay for itself many times over.
This is why nobody should take the right wing seriously about economics.The only to fix the FED, is to destroy it... fact
Oh, and how could I forget. . . . Aaron Russo! He probably paid with his life for his work too.
College Is for CooliesThe Fed board members are worried about inflation.
They have always been worried about inflation.
And they will always be worried about inflation.
Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.
Apparently you Geaux4it are NOT old enough.
What people should be demanding is, free college and abortions.
With free tuition, the student still has to live like a teenager who is afraid to grow up. He has no pride because he has no talent to be proud of. All this class-biased indentured servitude system gets is the shallow end of the talent pool. But paying the students will get the most talented and motivate them to study. It will pay for itself many times over.
Oh, and how could I forget. . . . Aaron Russo! He probably paid with his life for his work too.
we subscribe to capitalism.
Oh, and how could I forget. . . . Aaron Russo! He probably paid with his life for his work too.
we subscribe to capitalism.
. . . and yet none of the Banks in your town have competing interest rates for capital?
Hmm. . . sounds like socialism for the rich. . . .
Real free markets don't use the government to destroy and restrict capital for the interests of a tiny minority of the population.
What Will Trump Do About the Central-Bank Cartel?
Like I said.
Audit The Fed!
-Geaux
-----------
House Committee Passes Bill To "Audit The Fed"
The Republican-controlled Committee on Oversight and Government Reform approved a bill earlier today to allow for a congressional audit of the Federal Reserve's monetary policy, a proposal Fed policymakers have opposed and likely faces a difficult path to final approval in the Senate. Under the bill, the Fed’s monetary policy deliberations could be subject
to outside review by the Government Accountability Office.
While similar bills have garnered some support from Democrats in the past, they uniformly spoke against the current proposal during a meeting of the House of Representatives suggesting the current iteration would face stronger resistance from an increasingly polarized environment in Washington D.C..
The House previously passed similar versions of this legislation twice before in 2012 and 2014, with dozens of Democrats joining nearly unanimous Republican support. That said, those bills both died in the Senate and likely would have faced a Presidential veto from Obama had they survived anyway.
That said, Trump expressed interest in passing such legislation multiple times during the 2016 campaign cycle which means the 3rd time might just be the charm for Republicans.
House Committee Passes Bill To "Audit The Fed" | Zero Hedge
