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Posts By LSURussian
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
"It's congress' job to address fiscal policy, infrastructure and trade issues, not the Fed." - Yellen :bow:...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
This congressman from Colorado is making me regret I pulled for the Broncos to win..... ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote]This lady is asking her about loosening credit for subprime borrowers GTFO[/quote]Another damn incoming phone call and I missed that. :banghead: Someone wrote above it's humorous how ignorant these politician clowns are. It definitely is but at the same time, it always makes me angry and ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote]That lady's knowledge is uncanny[/quote]Agreed. It's a shame that her verbal communication skills are so lacking but when she talks it's a consistent economic lesson to anyone who is interested in learning something. Unfortunately none of the congresshumans who are there appear to fit tha...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote]Did she try and call the bottom of oil again? [/quote]Nope but she was asked about her forecast on oil prices that she made months ago. She probably learned her lesson. __________________________ Now another question from a black congresswoman about 'subsidies' for "big banks" because th...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote] Question: "Does the Federal Reserve have the legal authority to implement negative interest rates?" Her answer: "Our legal advisers say it is an open question at this point." Question: "Does the Fed need a bill to authorize negative rates?" Answer: "We don't know at t...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
Asking her opinion about the deficits and level of the national debt. "It's unsustainable." - Yellen...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote]BREAKING: YELLEN RAISES RATES FOR WHITE OWNED BUSINESSES ONLY[/quote] :lol:...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
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 Georg...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
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: ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote]Damn what a turnaround for the Dow in less than 2 hours[/quote]WTI was up over a dollar and turned around. It's now down about $.40. Probably what hit the market. I'm not sure if Yellen has said anything to affect either. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
I had to take a phone call so I missed what he was complaining about. He was definitely irate. DJ now up 6 points. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote]It would be a mess and would be a tool to screw over the other party. A democratic congress projecting a republican takeover could raise rates and then 2 years later shout "look the economy tanked! UE is up and credit is tight! No growth!" [/quote] :bow: DJ down 11 points. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
Dow Jones just went negative, down 12 points. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
You can post whatever index you like. That's okay with me. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
A black congressman asking how the Fed can pressure banks more to lend to minority businesses and to more aggressively implement the CRA. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
Can you imagine the cluster frick if congress gives itself authority to review and approve monetary policy decisions?...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
He won't let her answer his question. Why does she even bother to appear? It's not required that she do so any longer since Humphrey-Hawkins sunset. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
[quote]A congressman just called out Yellen for not listening to the people you can't make this stuff up[/quote]He's a Democrat from California. Typical. ...
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Money Talk
re: Fed Chair Yellen is testifying live on CNBC now. (9:19 am, 2/10/16) - LSURussian
A question about the Fed's regulations to fully implement Dodd-Franks. Yellen went into some detail about the progress of implementing D-F. :snoozer: DJ up 54 points....
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Posts By LSURussian
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