Trump Says Yellen Is Keeping Interest Rates Low So President Obama Can Play Golf

christiefan915 said:
Trump is so ignorant that he's oblivious to the fact that the White House isn’t responsible for interest rates, the Federal Reserve is.
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Why IS she keeping rates so low? Just yesterday, wasn't obama crowing about how great the economy was chugging along? And if everything's all lollipops and unicorns with the economy, why won't she raise the rates so people can make some money? Yeah, there's gonna be some inflation, but a healthy economy should be able to deal with it. And if you don't think obama has her ear, you are supremely naive. He appointed her, for Pete's sake!
 
callinectes said:
Why IS she keeping rates so low? Just yesterday, wasn't obama crowing about how great the economy was chugging along? And if everything's all lollipops and unicorns with the economy, why won't she raise the rates so people can make some money? Yeah, there's gonna be some inflation, but a healthy economy should be able to deal with it. And if you don't think obama has her ear, you are supremely naive. He appointed her, for Pete's sake!
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Do you believe Greenspan collaborated with bush to let the economy collapse in 2008?
 
GDP is still around 1.8% per annum (?)..if you want to squeeze out inflationary pressures -you risk slowing it down.
 
christiefan915 said:
Good to know we can blame Greenspan for letting that bumbling idiot bush preside over the economic collapse in 2008.
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Whilst Bush undoubtedly had a part to play. Please do not forget how Bill Clinton signed away Glass-Steagall and set in train the events leading up to 2008 with the Financial Services Modernisation Act.

Sent from my Lenovo K50-t5 using Tapatalk
 
Milagro said:
Whilst Bush undoubtedly had a part to play. Please do not forget how Bill Clinton signed away Glass-Steagall and set in train the events leading up to 2008 with the Financial Services Modernisation Act.
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It's a long article so I'll just link to it but fact-checkers say Clinton's comment was Mostly True.



"There's not a single, solitary example that" signing the bill to end Glass-Steagall "had anything to do with the financial crash."
— Bill Clinton on Tuesday, August 11th, 2015 in an interview with Inc. magazine

http://www.politifact.com/truth-o-m...linton-glass-steagall-had-nothing-do-financi/
 
christiefan915 said:
It's a long article so I'll just link to it but fact-checkers say Clinton's comment was Mostly True.



"There's not a single, solitary example that" signing the bill to end Glass-Steagall "had anything to do with the financial crash."
— Bill Clinton on Tuesday, August 11th, 2015 in an interview with Inc. magazine

http://www.politifact.com/truth-o-m...linton-glass-steagall-had-nothing-do-financi/
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Didn't PolitiFact also convince you that Illary is a proven liar?
 
Bill said:
The ppl.......... Maybe ppl like you?? SOme other posters here?? You want them running the system?? I sure as hell don't...

Self regulation.:rofl2: You remember the one about the two wolves & the lamb discussing dinner??
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You don't want THE PEOPLE running their own affairs? Tis the difference between communists and proponents of freedom. You want the state to tell you were to defecate....while constitutional conservatives demand the RULE of LAW be followed regardless of the "wink, wink" good intent of ALL THE SMART assed elitists who self profess to being superior than THE PEOPLE to whom this nation actually belongs. As history demonstrates the problem with all socialist types of government....its very easily corrupted at the top...as the elitist figure out they can create lifetime jobs for themselves to rule over the peons.

The People have the authority and right to representation of their choosing.....while the central government has no authority to usurp that constitutionally guaranteed right to REPUBLICAN REPRESENTATION at all levels of government nor does it possess the authority of delegating to non-elected crony capitalist like the Federal Reserve. FYI: In a 'real' free market....the people regulate the market by choosing what to purchase and defining the price they are willing to pay based upon supply and demand.

But...its certainly somewhat comforting to get an admission of guilt from an actual social communist....that's what the States Bill of Rights is all about. Even stupid individuals have the right to speak an opinion even its demonstrably in error to history and facts. I'd wager that you promote yourself as some kind of LIBERAL or LIBERTARIAN....but your own words reveal the truth....you're among the sheep that don't mind getting sheered until its time for you to become dinner...then you bitch and cry like hell looking for anyone but SELF to blame when your number comes up.
 
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christiefan915 said:
Good to know we can blame Greenspan for letting that bumbling idiot bush preside over the economic collapse in 2008.
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Good to know Frank said there were no issues two weeks before Wall Street imploded.

Greenspan had been warning Wall Street for some time. He didn't control them nor did bush. Frank Raines sure did though.
 
Celticguy said:
Good to know Frank said there were no issues two weeks before Wall Street imploded.

Greenspan had been warning Wall Street for some time. He didn't control them nor did bush. Frank Raines sure did though.
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I guess you forgot Greenspan's public admission that he was wrong and his thinking was flawed.

 
christiefan915 said:
It's a long article so I'll just link to it but fact-checkers say Clinton's comment was Mostly True.



"There's not a single, solitary example that" signing the bill to end Glass-Steagall "had anything to do with the financial crash."
— Bill Clinton on Tuesday, August 11th, 2015 in an interview with Inc. magazine

http://www.politifact.com/truth-o-m...linton-glass-steagall-had-nothing-do-financi/
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Uh-oh, you're about to have all kinds of liberals jumping down your throat. Removal of Glass-Steagal is celeb cause numbero uno for many liberals as to the cause of the Great Recession.
 
Celticguy said:
Good to know Frank said there were no issues two weeks before Wall Street imploded.

Greenspan had been warning Wall Street for some time. He didn't control them nor did bush. Frank Raines sure did though.
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He controlled rates which he kept too low in the run up. We're seeing it done now on steroids.
 
christiefan915 said:
Do you believe Greenspan collaborated with bush to let the economy collapse in 2008?
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You libs have to make up your minds. Was Bush a happy idiot, as you usually describe him, or was he some Machiavellian evil genius whose mission was to topple the economy of the U.S.? I'm sure they talked, and Greenspan admitted he made mistakes. Just like I'm sure yellen and obama talk, and obama makes mistakes(but doesn't admit it). Yellin is probably just doing her job, which I believe is making monetary policy in reaction to the economy, and keeping interest rates low is something you do when the economy sucks.
 
christiefan915 said:
It's a long article so I'll just link to it but fact-checkers say Clinton's comment was Mostly True.



"There's not a single, solitary example that" signing the bill to end Glass-Steagall "had anything to do with the financial crash."
— Bill Clinton on Tuesday, August 11th, 2015 in an interview with Inc. magazine

http://www.politifact.com/truth-o-m...linton-glass-steagall-had-nothing-do-financi/
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Mott, you came after me hard for this. You going to give Christi a pass for this "right wing" position?
 
callinectes said:
You libs have to make up your minds. Was Bush a happy idiot, as you usually describe him, or was he some Machiavellian evil genius whose mission was to topple the economy of the U.S.? I'm sure they talked, and Greenspan admitted he made mistakes. Just like I'm sure yellen and obama talk, and obama makes mistakes(but doesn't admit it). Yellin is probably just doing her job, which I believe is making monetary policy in reaction to the economy, and keeping interest rates low is something you do when the economy sucks.
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Bro, how long should we have been doing QE and keeping rates at this level? You think they'll be no repercussions down the road?
 
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