Soft-spoken Yellen wields outsize influence as Fed's No. 2

Aug 5, 2012 | Posted by: roboblogger | Full story: Reuters

Janet L. Yellen, then president and chief operating officer of the Federal Reserve Bank of San Francisco, answers a reporter's question at the Town Hall Los Angeles forum in Los Angeles, in this March 23, 2010 file photo.

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1 - 18 of 18 Comments Last updated Aug 6, 2012

Since: Nov 08

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#1
Aug 5, 2012
 

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Federal Reserve = Pure Filth
Gary

Bellingham, WA

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Aug 5, 2012
 

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Eighthman wrote:
Federal Reserve = Pure Filth
Invented by a Republican from Rhode Island in 1912.

“Truth to Power!”

Since: Apr 07

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#3
Aug 5, 2012
 

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Eighthman wrote:
Federal Reserve = Pure Filth



Agree!


The Jackal Obama and his stooge Bernacke are Printing Money creating another bubble. It's just a matter of time before the excess liquidity in the system bursts sending prices even Higher than they are now. Just look what Obama and Bernacke have done to Food Prices!



Obama & Yellen.
Dumber & Dumber.

“Truth to Power!”

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Richmond, VA

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#4
Aug 5, 2012
 

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Gary wrote:
<quoted text>
Invented by a Republican from Rhode Island in 1912.




Why Lie?



The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is an Act of Congress that created and set up the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue Federal Reserve Notes (now commonly known as the U.S. Dollar) and Federal Reserve Bank Notes as legal tender.


The Act was signed into law by Democrat President Woodrow Wilson.






- OUCH!-





You're such a putz.

“Truth to Power!”

Since: Apr 07

Richmond, VA

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#5
Aug 5, 2012
 

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Obama's real inflation rate has moved above 8%

March 11, 2012
It was three years ago this week that Federal Reserve Chairman Ben Bernanke became the first US central banker to sit down for a vanity interview with “60 Minutes,” an interview in which he heralded the “green shoots” that he was seeing in the economy.

The only problem with his claim was the Joblessness in American is still high. The U-6 Unemployment rate just hit 15% in July.

Remember the Misery Index? Veteran Democrats do, and so do the president’s re-election operatives in Chicago. The Misery Index is the sum of the unemployment and inflation rates, and it’s what did in Jimmy Carter in 1980 as runaway inflation compounded an already bleak economic picture.

On the face of it, the government measure of consumer prices, the CPI, is just mildly alarming — with the government estimating prices to be rising at a 3.1 percent annual rate.

But as anyone who pays the bills or does the household grocery shopping knows, a government-reported 3.1 percent inflation rate is laughably low. Bought cereal or mac and cheese for the kids lately? If so, you’re aware of the near double-digit increase in prices in the supermarket aisles.

So what is the true inflation rate?

Fortunately, the folks at the American Institute of Economic Research have resurrected the idea. Their Everyday Price Index (EPI) strips away the cost of big-ticket items, like homes and cars, and looks at the cost of things that consumers encounter on a daily or monthly basis, such as groceries, prescription medicine, and telephone and cable bills. By that measure, the Everyday Price Index shows inflation galloping ahead at an 8.1 percent annual rate, a reading that would put the current Misery Index at a Carter-like 16.4 percent — not a good recipe for re-election.

Read more: http://www.nypost.com/p/news/national/price_c...


Curtis Lowe

Cibolo, TX

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#6
Aug 5, 2012
 
The Federal Reserve is illegal and unConstitutional. They print our currency but cannot be audited by Congress? How are The People forced to use their currency when we have no representation on the Federal Reserve board?

Since: Nov 08

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Aug 6, 2012
 

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The laughing liberal wrote:
<quoted text>
Why Lie?
The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is an Act of Congress that created and set up the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue Federal Reserve Notes (now commonly known as the U.S. Dollar) and Federal Reserve Bank Notes as legal tender.
The Act was signed into law by Democrat President Woodrow Wilson.
- OUCH!-
You're such a putz.
They won't even let him on the short bus anymore. He keeps dumbing down the other children.

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Aug 6, 2012
 

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Gary wrote:
<quoted text>
Invented by a Republican from Rhode Island in 1912.
Obama moves to block military vote………..again in Battle Ground states since the Military Vote is primarily to the right. Probably due to Obama’s moronic rules of engagement that has gotten many killed or wounded.

Top Obama campaign adviser David Axelrod on Sunday defended Democrats’ lawsuit challenging an Ohio law on early voting for U.S. service members and called Mitt Romney’s portrayal of the case “shameful.”
The Obama campaign and the Democratic National Committee filed the suit to block a new state law allowing men and women in uniform to vote up until the Monday right before an election, while the cutoff on early voting for the rest of the public is three days earlier.

Read more: http://www.foxnews.com/politics/2012/08/05/ax...

FLASH BACK: 2008 ELECTION

Democrats Refused to Ensure Overseas Military Have Their Votes ...
www.house.gov/apps/list/press/az02_franks/mil...
Democrats Refused to Ensure Overseas Military Have Their Votes Counted in the November 2008 Election : October 8, 2008 – Last week Congressman Trent Franks …
conservative crapola

Allentown, PA

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Why The Presidential Election May Not Be As Close As You Think

There’s a secret lurking behind everything you’re reading about the upcoming election, a secret that all political insiders know—or should—but few are talking about, most likely because it takes the drama out of the whole business. The secret is the electoral college, and the fact is that the more you look at it, the more you come to conclude that Mitt Romney has to draw an inside straight like you’ve never ever seen in a movie to win this thing. This is especially true now that it seems as if Pennsylvania isn’t really up for grabs. Romney’s paths to 270 are few.

electoral vote

Obama 332

rugby 205

hahahahahahahahahahahaha

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Aug 6, 2012
 

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conservative crapola wrote:
Why The Presidential Election May Not Be As Close As You Think
There’s a secret lurking behind everything you’re reading about the upcoming election, a secret that all political insiders know—or should—but few are talking about, most likely because it takes the drama out of the whole business. The secret is the electoral college, and the fact is that the more you look at it, the more you come to conclude that Mitt Romney has to draw an inside straight like you’ve never ever seen in a movie to win this thing. This is especially true now that it seems as if Pennsylvania isn’t really up for grabs. Romney’s paths to 270 are few.
electoral vote
Obama 332
rugby 205
hahahahahahahahahahahaha
yawn
conservative crapola

Quakertown, PA

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#12
Aug 6, 2012
 
Le Jimbo wrote:
<quoted text>yawn
Poor wittle okie.....And those lonely 7 electoral votes....

hahahahahahahahaha
Wall Street Government

Sebastian, FL

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#13
Aug 6, 2012
 
The laughing liberal wrote:
<quoted text>
Why Lie?
The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is an Act of Congress that created and set up the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue Federal Reserve Notes (now commonly known as the U.S. Dollar) and Federal Reserve Bank Notes as legal tender.
The Act was signed into law by Democrat President Woodrow Wilson.
- OUCH!-
You're such a putz.
Poor teabagger,

He said "invented" not the act itself.

The act and the monetary system was based on Germany's.

The head of the bipartisan National Monetary Commission was financial expert and Senate Republican leader Nelson Aldrich. Aldrich set up two commissions—one to study the American monetary system in depth and the other, headed by Aldrich himself, to study the European central banking systems and report on them.
In early November 1910, Aldrich met with five well known members of the New York banking community to devise a central banking bill.
After ten days of deliberation, the bill, which would later be referred to as the "Aldrich Plan", was agreed upon. It had several key components, including a central bank with a Washington-based headquarters and fifteen branches located throughout the U.S. in geographically strategic locations.

Aldrich's bill met much opposition from politicians. Critics charged Aldrich of being biased due to his close ties to wealthy bankers such as J. P. Morgan and John D. Rockefeller, Jr., Aldrich's son-in-law. Most Republicans favored the Aldrich Plan.
Nonetheless, President Woodrow Wilson believed that the Aldrich plan would suffice with a few modifications. The plan became the basis for the Federal Reserve Act.

You're such a putz.

Will the Laughing Limbaughtomy respond with spam?
Wall Street Government

Sebastian, FL

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#14
Aug 6, 2012
 
Le Jimbo wrote:
<quoted text>They won't even let him on the short bus anymore. He keeps dumbing down the other children.
Of Le Dimbulb had to chime in, seems all teabaggers have a selective comprehension disorder.

Have the kids on the "short" bus 'splain it to you.

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Aug 6, 2012
 

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conservative crapola wrote:
<quoted text>
Poor wittle okie.....And those lonely 7 electoral votes....
hahahahahahahahaha
Yep, and 4.3% unemployment.........hahahahah maggot land is going under.....I would love to visit John Murtha's grave........to piss on it.....the scum bag traitor.

Our military members are dying and these liberal scum are trying to stop them from voting while trying to help illegal’s vote through back door amnesty.

Treason: Section 3 defines treason and its punishment.
Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort. No Person shall be convicted of Treason unless on the Testimony of two Witnesses to the same overt Act, or on Confession in open Court. The Congress shall have Power to declare the Punishment of Treason, but no Attainder of Treason shall work Corruption of Blood, or Forfeiture except during the Life of the Person attainted.

The Constitution defines treason as specific acts, namely "levying War against [the United States], or in adhering to their Enemies, giving them Aid and Comfort."

The tearing down of the constitution, Harry Reids aid and comfort to the enemy, along with Pelosi’s, Kerry’s, Fonda’s and Murtha’s aid in comfort to the enemy does constitute treason.

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Cash pours in to Romney campaign; another $100 million month...

Obama:$75 million...
----------
Obama stops taking questions from press...

Desperate for cash, turns to star of 'Dark Knight Rises'...

State park, public beach shut down for fundraiser...

Biden Takes Another Week Off...
conservative crapola

Quakertown, PA

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Aug 6, 2012
 

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Le Jimbo wrote:
You teaboogers think money is going to buy it? Think again....electoral vote:

Obama 332

rugby 206

hahahahahahahahaha

Since: Nov 08

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#18
Aug 6, 2012
 
conservative crapola wrote:
<quoted text>
You teaboogers think money is going to buy it? Think again....electoral vote:
Obama 332
rugby 206
hahahahahahahahaha
call is when you know something for sure......like after the election.
conservative crapola

Bath, PA

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Aug 6, 2012
 

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Le Jimbo wrote:
<quoted text>I would love to visit John Murtha's grave........to piss on it.
Are you off the catheter?

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