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Fed's Yellen: Rate Hike 'Soon,' Will Serve Full Term
Investors Business Daily ^ | November 17, 2016, 4:37 PM ET | ED CARSON

Posted on 11/18/2016 2:57:09 AM PST by expat_panama

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To: citizen
Trump simply announcing an interest in auditing the Fed will get an instant change of heart from ole Janet.

Why not just read the annual audit reports done by the external auditors? All twelve banks will have one.

41 posted on 11/18/2016 6:10:44 AM PST by DoodleDawg
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To: Bshaw

Make that two-thirds of what they plan on moving. They’ll still have about twelve hundred tons of gold in New York when they are done.


42 posted on 11/18/2016 6:29:48 AM PST by DoodleDawg
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To: Candor7

Well said


43 posted on 11/18/2016 7:03:44 AM PST by NonValueAdded (#DeplorableMe #BitterClinger #HillNO! #MyPresident)
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To: TheNext

Maybe Trump should make a preemptive speech, “I have been warned that Janet Yellen is planning to raise rates when I take office in order to undercut the reforms I plan to make for businesses and working and unemployed Americans. She is doing this as a part of the Hillary/Soros/Obama purple revolution currently being waged in our cities. We will resist her meddling and are sure the House of Representatives looks into impeachment and a special prosecutor. I plan to audit the FED, and have the Justice Department look into those funding this purple revolution street violence.”


44 posted on 11/18/2016 7:47:11 AM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: OrioleFan

But hasn’t Trump said the Fed should have raised interest rates? How can he condemn them for doing so now?


45 posted on 11/18/2016 8:31:42 AM PST by DoodleDawg
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To: expat_panama

Still time to consolidate and lock into a fixed loan. Although the process of doing so is a lot more cumbersome than it was eight years ago.


46 posted on 11/18/2016 8:39:21 AM PST by TBall
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To: expat_panama

Janet’s comment was utterly obnoxious. I have her ass out of there come January 20.


47 posted on 11/18/2016 8:39:58 AM PST by WashingtonSource
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To: DoodleDawg
I'm of the opinion the auditors are using the in-house 'books' prepared for public consumption. Imo, Ron Paul would not have been asking for an audit for decades if the information was right at his fingertips.

If there is anything needing to be outed I hope Pres. Trump will do so. Though I'm sure he will be advised by the powers-that-be not to break the system - for the good of all, of course.

48 posted on 11/18/2016 8:42:01 AM PST by citizen (Sanctuary cities: Illegals move in for free stuff, residents move out b/c they can't pay the taxes.)
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To: citizen
I'm of the opinion the auditors are using the in-house 'books' prepared for public consumption. Imo, Ron Paul would not have been asking for an audit for decades if the information was right at his fingertips.

So you're saying Price Waterhouse Cooper and KPMG and companies like that are either cooking the books for the Fed or are too incompetent to tell when they're being fed phony financial information?

49 posted on 11/18/2016 8:48:14 AM PST by DoodleDawg
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To: Bshaw

Paul has a bill to audit it. It should be ended and we should be back on the Gold Standard.


50 posted on 11/18/2016 11:24:28 AM PST by cowboyusa
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To: DoodleDawg

It’s the timing of the rate increase. The FED held off on a rate increase because it was bad for Hillary. If the FED chair is going to play politics with rates, they should be removed.


51 posted on 11/18/2016 1:08:38 PM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: OrioleFan
If the FED chair is going to play politics with rates, they should be removed.

Decisions on interest rates are not made by the Fed chair. They are made by the Fed Open Market Committee, of which Yellen is only a single vote of the ten members. Are you going to impeach and remove the entire Fed Board of Governors? Or just the ones who don't vote as you want them to?

52 posted on 11/18/2016 2:17:50 PM PST by DoodleDawg
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To: DoodleDawg

I thought she made the decision. My bad. I shouldn’t be commenting on something I don’t understand. Thanks.


53 posted on 11/18/2016 2:43:33 PM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: trebb

You’re right, but Trump wasn’t elected by Americans looking for a higher return on their savings. He was elected by people who found themselves crushed by debt in an attempt to maintain some semblance of life in the “before-times”.

The Obamunists really tried to drive the middle class into financial ruin/government dependence (with a lot of success); the accumulated debt of decades past is a reflection of how far our standard of living has fallen.


54 posted on 11/20/2016 5:35:02 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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