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re: UPDATE: Fed Chair Yellen is testifying live on CNBC now. (9:34 am, 2/11/16)

Posted on 2/10/16 at 11:00 am to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/10/16 at 11:00 am to
Another speech by a black congressman complaining about unemployment among blacks. He wants the Fed to do something about that?!

"The Fed has consistently downplayed African American unemployment because the Fed has never had an African American president of one of its district banks."

ETA: DJ up 13 points.
This post was edited on 2/10/16 at 11:02 am
Posted by Bernie_Madoff
Jail
Member since Feb 2016
171 posts
Posted on 2/10/16 at 11:03 am to
BREAKING: YELLEN RAISES RATES FOR WHITE OWNED BUSINESSES ONLY
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/10/16 at 11:04 am to
The same congressman wants Yellen to "work with him" to get an AA as a president of a district bank. He keeps referring to the district banks as "regional fed banks." He doesn't even know how the Fed is structured but he wants to have a say-so over who would be a president? Very sad. He's from Georgia.
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