Free Republic

Nothing sums up the Biden administration better than the video of Treasury Secretary Janet Yellen prostrating herself before the Chinese Communist Party (CCP) Sunday. The sight of one of America’s most powerful Cabinet members groveling before her counterpart in one of the world’s most evil empires was enough to sicken anyone. The moment was so appalling that even the media’s backlash was swift.

Earlier this month, Treasury Secretary Janet Yellen warned the U.S. could run out of money to pay its bills by June 1 if Congress does…

When the Japanese bombed Pearl Harbor on Dec. 7, 1941, plunging the United States into World War II, Jerry Yellin was a teenager living with his family in Hillside, N.J. Having been intrigued by flight since he was a youngster — he constructed planes modeled on World War I aircraft — he joined the Army Air Corps in February 1942, on his 18th birthday, and became a fighter pilot.

The next Federal Reserve Open Market Committee meeting in on October 30th, a preview of Halloween. Despite the lack of evidence of positive growth in the economy, The Fed will likely keep on printing. fedbalshet102613 Two of The Fed’s tools in its arsenal are the Fed Funds rate and longer-term asset purchases (aka, quantitative easing). So, what is the record on the employment front with regard to Fed policies? Let’s take a look. Here is a chart of the unemployment rate (white line) compared to the Fed Funds Target rate (gold) and The Fed’s Balance Sheet (longer-term asset purchases). u3fedpol2...

“You know, it made it sound almost like working women are some mail-order product you can order out of colored binders...."

Inflation fears 'overdone,' with greater risks of disinflation, deflation WASHINGTON (MarketWatch) -- The Federal Reserve won't retreat from its innovative policy tools until the downturn is over, and fears that they will spark runaway inflation are overdone, Janet Yellen, the president of the San Francisco Fed, said Wednesday. "I understand these concerns, but I don't believe they warrant a retreat from our current broad approach," Yellen said in a speech to an economist group in New York. With its benchmark interest rate at zero, the Fed has been purchasing and lending against a wide array of financial products in order...

New York (AP) -- CNN correspondent Jessica Yellin said Thursday she was referring to her time spent at MSNBC when she said she felt pressure not to report stories critical of the Bush administration during the time leading up to the Iraq war. Yellin's initial comments, made during a discussion with Anderson Cooper on CNN Wednesday, shifted attention to the news media's performance following release of a critical assessment of the Bush administration by former White House Press Secretary Scott McClellan. He wrote that Bush's strategy for selling the war was less than candid and honest. During her CNN appearance,...