REAL CONSERVATIVES

NEVER TOLERATE TYRANNY!....Conservative voices from the GRASSROOTS.

`

SHE must BE IMPORTANT, she's on the cover of TIME magazine . . . . or is that rag irrelevant?

Janet Yellen: The Sixteen Trillion Dollar Woman

`

In her first and only interview as Fed chief, the economist says why she thinks the housing market is back on track, companies will invest, and more new jobs are on the way this year. She now has the world's largest economy in her hands

n her first and only interview since being confirmed as Federal Reserve Chair, Janet Yellen speaks in-depth to TIME about her outlook on the U.S. economy, the future of the Fed's controversial Quantitative Easing program, as well as what role she thinks the Fed should take in oversight, inequality and unemployment in America.

Yellen on the American economy: "I think we'll see stronger growth this year. Most of my colleagues on the Fed's policymaking committee and I are hopeful that the first digit [of GDP growth] could be 3 rather than 2... The recovery has been frustratingly slow, but were making progress in getting people back to work, and I anticipate that inflation will move back toward our longer-run goal of 2 percent." On the housing market, which had a brief lull this fall: "I expect it to pick back up and I do expect a further recovery."

On the Fed's QE program: "You know, a lot of people say, this [asset buying] is just helping rich people. But it's not true. Our policy is aimed at holding down long-term interest rates, which supports the recovery by encouraging spending. And part of the [economic stimulus] comes through higher house and stock prices, which causes people with homes and stocks to spend more, which causes jobs to be created throughout the economy and income to go up throughout the economy."

On banking reform: "I think Dodd-Frank is good roadmap and lays out most of the steps that are necessary. But we may also need to take some further steps that have not been taken yet."

`

Without adding any further boring media blather, let's just say Janet Yellen will be to the Fed what the other Janet was to the Department of Homeland Security ie:
a political conduit making the Fed available for all the liberal progressive democrat machine operations including elections.
`
142144 600 FED begins tapering QE cartoons

Views: 55

Comment

You need to be a member of REAL CONSERVATIVES to add comments!

Join REAL CONSERVATIVES

BOOK STORE

.

opencomments316

SUPPORT

REAL CONSERVATIVES 

Order our book!

$ 9.95

INSTANT DOWNLOAD

TO ORDER

CLICK HERE:

http://www.lulu.com/shop/raymond-athens/right-side-up/ebook/product-17358205.html

TO ORDER

CLICK HERE:

http://www.lulu.com/shop/raymond-athens/right-side-up/ebook/product-17358205.html

 

The book RIGHT SIDE UP is a compilation of choice content from this web site...reflecting sometimes forgotten, purely Traditional American Values...

*********************

The Unborn

...let them BE !

Image result for BABY BLUE EYES

TO ORDER

CLICK HERE:

http://tpartyus2010.ning.com/forum/topics/save-a-life-and-maybe-a-soul

 

*****************

.

.

RICHARD

ALLAN

JENNI'S

THE

DANNY MALONE TRILOGY

CLICK HERE:

http://www.amazon.com/Danny-Malone-Trilogy-Mohammeds-Daughter/dp/1432724932

"The Fox, Golden Gate and Mohammed's Daughter"

Paperback

*************************

© 2024   Created by Your Uncle Sam.   Powered by

Badges  |  Report an Issue  |  Terms of Service