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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 11:34 am to
Posted by TigerDeBaiter
Member since Dec 2010
10351 posts
Posted on 2/10/16 at 11:34 am to
quote:

Now another question from a black congresswoman about 'subsidies' for "big banks" because the Fed is paying interest on bank reserves with the Fed while blacks can't find work. What is the Fed going to do about that?


This hearing, that's apparently turned into a witch-hunt, is going to only show just how incompetent some of these elected official are. It's humorous at this point. I'm sure even grandma is having to bite her tongue to not just destroy these people.

And exactly, they act as if Yellen is running for president with these questions: "what you gunna do for the black folk"

Seriously?

Posted by Bernie_Madoff
Jail
Member since Feb 2016
171 posts
Posted on 2/10/16 at 11:35 am to
This lady is asking her about loosening credit for subprime borrowers GTFO
Posted by TigerDeBaiter
Member since Dec 2010
10351 posts
Posted on 2/10/16 at 11:42 am to
"continue, continue, continue... to have an accomadative policy"




That's all we needed to hear. Rally commence.
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