Posted on 03/15/2017 2:57:09 PM PDT by HomerBohn
I once stood in line at the Pentagon to have McCain sign a book (I was assigned there at the time). He came across as aloof and creepy when I met him in person. There is something incredibly "off" about the guy.
I agree. The Feds actions yesterday confirm it. Growth was 0.9% or something, yet they raised rates. They would have never, ever done that under Obama.
And without the money supply, Trump's agenda is sunk. If the Fed and the globalists have to burn the place down, they will. Anything to stop Trump and his agenda.
The Federal Reserve is yet another enemy of this republic. Most of our enemies are within our government. The rest are ensconced in board rooms of our largest companies.
Yellen has a fixed six year term and can’t be fired by Trump.
In any case the Board of Governors sets monetary policies, Yellen is just the point woman and spokesman for them.
There is something about the deficits, and national debt which is never spoken of. There is no valuation to the things that the government owns, real estate, timber, mining rights, leasing rights to all it has, buildings built, roads built.
What is the Pentagon building worth or all its weaponry and equipment, how much would the Statue of Liberty bring if on the market, what is the huge tracts of land in the West worth, bridges, what are the interstate highways worth, how about the Hoover dam? I could go on and on.
No doubt they will try. Fortunately we have put holes in their propaganda arm, so it won’t work.
When should they have raised rates to "take the fuel off the fire"?
Chairman of the Fed has a 4 year term. Her term ends in Feb, 2018.
Correct. Actually, a lib economist named Robert Eisner had a paper published in the REAGAN years where he made exactly that point-—and by law, all valuations are made in the dollars of the year in which these things are PURCHASED/BUILT/ACQUIRED!!!!
So, take the Presidio, in SF, which was sold off in the 1990s. It was bought, and valued at a fraction of what the land actually brought on the market.
2003-4 at the latest, I think, but I could be off.
Read the book “Fed Up” by Danielle DiMartino Booth.
https://www.amazon.com/Fed-Up-Insiders-Federal-Reserve/dp/0735211655
Yes Eisner was the source of my comment from an article he wrote years ago. I hated to admit that a lib could be right but the logic was unassailable so I had to concede the point.
Thanks for the correction.
The Board of Governors have 14yr appointments staggered through the years. And it is from these that the President selects the Chairman.
Yes. If she is not reappointed as Chair, she could remain on the Board until 2024.
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