Posted on 08/23/2014 8:16:28 AM PDT by John S Mosby
".......Ms. Yellen broke little new ground in her speech. She reiterated the Fed’s basic guidance after its July meeting that holding short-term interest rates near zero remains necessary and useful to increase employment. She said the gap between current conditions and a return to full health was still “significant.”.....
.......... A small group of demonstrators made the trek to the remote resort hotel in the middle of Grand Teton National Park to urge Fed officials to continue the stimulus campaign. They formed a receiving line for policy makers in the lobby outside the conference, dressed in green T-shirts emblazoned: “What Recovery?”
“The Federal Reserve decides how many of us will remain unemployed and whether our wages will go up or stay low,” said Reuben Eckels, the pastor of a church in Wichita, Kan. “They need to hear voices from everyday people.”
The demonstration was organized by the Center for Popular Democracy, a nonprofit advocacy group that has generally focused its campaigns on microeconomic issues like the minimum wage and sick days. Ady Barkan, a lawyer with the group, said it had decided there was a need to focus on the big picture, too..........."
(Excerpt) Read more at nytimes.com ...
Leftie front appointee Yellen performs another show of the labor/economy recovery kabuki theater for obiwonobanga. The Soros-funded communist front organization, Center for Popular Democracy (who are proud of getting DeBlasio elected, organizing foreclosure squatters, occupy wallstreet and anywhere elsers, fast food workers, car wash workers and raising the NYC minimum wage and with a staff of 40 on a budget of 2 mil largely supported by "foundations") were there-- demonstrating!? How was this possible at the annual Fed event? Why it HAD to have been orchestrated by Yellen, who met with them for two hours (according to the CPD-- she "gets it"). Yellen's PR people published this drivel article along with a promo-photo for the CPD with one of their many lawyers with his hand on Yellen's back!
Want get ill?--look over the BOD and staff of the Center for Popular Democracy (dot org). This is the face of the left comintern, at work, paid for by the very banksters they rail against--who fund them. This is how it works, FReepers.
Lots of hands washing each other in Jackson Hole, WY with a private airstrip on US National Park land-the same parkland closed down by obamaomau during the "budget crisis". The gross hand of the currency manipulator soros, with a page from the rothschilds. Foment rebellion and rent-a-mobs, destablize currency, then make money when the blood runs in the streets. Do it with someone else's money:the sovereign debt created by politicians who take their cut and keep their office.
I expect the world bankers have designed the FED to maximize their profits and I suppose that Treasury pays what they would lose at low interest rates.
Interesting, I figured they weren’t exactly the little people showing up to protest. The idea of funneling tons of money into giant banks to spur the economy is not particularly new, but having support from astroturf groups is new to me.
If they raise rates the whole theater of the absurd will come crashing down.
But just the threat of raising the rates provides opportunities for the money manipulators like soros and others. So all this “protest” is actually PR to provide fodder for actions the tools at the Fed to be swayed.
The turmoil is continued to continue to provide this little group with percentages.
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