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Old 10-09-2013, 07:13 PM   #21
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This broad is going to finish the job Bernankenstein set out to do in the first place; destroy America as we know it and usher in a fascist police state to control our every move and milk us for every nickel they can get.
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Old 10-10-2013, 08:43 AM   #22
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We will probably beg Benny boy to return after we discover Yelling-Yellen's super-easing techniques...

Those rough women can do a lot of bad to the economy... Remember Margaret Thatcher...
Women can be very rough in just about anything, surpassing men even.

I wonder what kind of a person Yellen really is? An "iron lady"-type?

Bernanke was "quite a nice guy", to be honest

I'm saying this because we were all criticizing Benny boy, not knowing "there's worse". By watching interviews and reading articles, Yelleny-Yellen could do a lot more easing-diarrhea to the dollar.
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Old 10-10-2013, 09:50 AM   #23
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She's in favor of negative interest rates which means if you've got any savings you might as well just hand it over to the government. I'm already missing Ben.
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Old 10-15-2013, 12:02 PM   #24
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Originally Posted by Aubuy View Post:
She's in favor of negative interest rates ...
And she might just have the economic reason to implement them... The velocity of money is falling:

http://traderdannorcini.blogspot.com...y-falling.html
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Old 10-29-2013, 10:18 PM   #25
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Oh my!

Quote :
October 29, 2013

Dear Senate Majority Leader Reid,

I am writing to convey my objection to floor consideration of the nomination of Dr. Janet Yellen to Chair the Board of Governors of the Federal Reserve without also considering legislation to bring much-needed transparency to the Fed.

As the Senate debates the nomination of the next head of the Federal Reserve, there is no more appropriate time to provide Congress with additional oversight and scrutiny of the actions and decisions of the central bank. Therefore, I request that my bipartisan legislation, S. 209, the Federal Reserve Transparency Act, be scheduled for an up or down vote concurrently with the Yellen nomination. Similar legislation passed 327-98, with bipartisan support, in the House of Representatives on July 25, 2012. This same bill has been stalled in the Senate for nearly three years.

Accordingly, I will object to any unanimous consent agreement or the waiver of any rule with respect to the nomination of Dr. Yellen without a vote on S. 209. I know you have been a supporter of similar legislation in the past, and I hope that we can work together to pass this important legislation.

Sincerely,

Rand Paul, M.D.
http://www.paul.senate.gov/files/doc...llenletter.pdf
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Old 11-03-2013, 08:31 AM   #26
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Quote :
...
Paul has said he will block Yellen unless the Senate takes up his legislation to audit the Federal Reserve. But he said he will likely fail to stop her.

“In all likelihood, yes," Paul said in an interview on Bloomberg's "Political Capital with Al Hunt," which will air Friday night. "But I want to draw attention to the fact that Audit the Fed has been held hostage by [Senate Majority Leader Harry] Reid for three years. And once upon a time, he was for Audit the Fed. We had floor speeches all through the '90s, he would come down here with Sen. [Byron] Dorgan, and they were for auditing the Fed. My question is, let us have at least a vote on this.”
...
http://www.washingtonpost.com/blogs/...-be-confirmed/
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Old 11-03-2013, 09:54 AM   #27
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Something obviously happened to Harry Reid and the other Senate democrats once Obama was elected.
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Old 11-14-2013, 11:33 AM   #28
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Janet Yellen said today during her confirmation hearing:

"The benefits of the bond buying program were greater than the costs"

For a minute there I was worried we might get a Fed chairperson who cared about the dollar. Whew!
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Old 11-14-2013, 11:49 AM   #29
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The benefits for whom?

lol... Devil is in the details...
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Old 11-14-2013, 04:39 PM   #30
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Originally Posted by PMBug View Post:
The benefits for whom?

lol... Devil is in the details...
Yellen on gold: “People want to hold (it) when they’re very fearful”

Yellen on stocks: "US stock markets not in bubble territory"

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