Yellen calls House bill to reform central bank 'a grave mistake'

http://www.marketwatch.com/story/ye...eform-central-bank-a-grave-mistake-2015-11-17

 

"How dare they!"

 

yelling

 

If Yellen considers it a grave mistake, it's probably one of the best pieces of legislation to come out of the House in decades.

 

agree

 

Yellen is right of course. Fortunately there is no chance of this Bill becoming law.

 

Probably not. But the one thing I can rest assured in is that, eventually, the Fed is gone. It's just a matter of time. They'll continue to create more of a mess, and the political landscape will get more and more hostile towards the Fed until eventually it will collapse under the pressure. You're a member of the old guard, Piezoe. The stubborn, old, never change old guys will be forced out, as their solutions benefit the elites and not the people. Your time is ending.

 

House passes Fed oversight bill opposed by Yellen, Obama

http://www.marketwatch.com/story/house-passes-fed-oversight-bill-opposed-by-yellen-obama-2015-11-19

 

And Obama will veto it, unfortunately. The elite have to keep their gravy train running.

 

Just another boomer a-hole that has embraced the "inflate or die" mantra to save his assets at the expense of everything else...