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Powell testimony today ...

NewYorkBuck

All-conference
Aug 11, 2015
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I watched in almost disbelief. Here you have in front of you the second most powerful man in the country, who's clear and widely known binary directives are full employment and price stabilization, and these are the questions/topics I see being asked:

"How is the Fed going to assist CRA loans." (Read the directive Maxine. That she's Chair of Financial Services is the biggest joke )

"Why isn't the Fed directly lending money to poor communities." (Directive, directive, directive.)

"Why isn't the Fed targeting raising low wages?" (Directive, directive, directive)

"Why were you at a party with Jeff Bezos?" (Wish I were kidding. This dipshit actually had the gall to ask the Chair of the Federal Reserve such a question during formal testimony.)

Rashida Tlaib was so clueless she didn't even know who TF Ben Bernanke was as she couldn't even pronounce his name.

These people know absolutely nothing past how they can get money for their own cause. Its beyond disgusting.
 
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