There are 12 Federal Reserve Banks

and the heads of them vote on financial policy for the country. For quite a while there has been one dissenting vote, against the 11 person majority, and it is always 'Dick' Fischer of the Dallas Fed. Another 'dick', Rick Santelli, who would have a hard time squeezing his swollen head into a phone booth, loves his 15 minutes of fame on CNBC, cuz he gets airtime for his loud, outrageous rants against Obama and the Dems, as he has claimed for several years, that Fed policy, and QE3 is gonna cause runaway inflation, BUT, year after year, he is proven wrong. SO, to buttress his weak arguement, Rick interviewed the (one of twelve) member of the Fed who agrees with him, and congratulated himself for being so smart. Wow! Good job! Now how about interviewing one of the 11, in the vast majority, who say you're full of shit? Didn't think so...

Comments

Post a Comment

Popular posts from this blog

Guest columnist

Because I'm sorta stuck in an Anti-Bush rant.. http://www.youtube.com/watch?v=D99NHb6B03s Can you imagine all those rapper stars with these things? Of course, they'd have to have theirs with 'da bling! Can't be standard, gawd no! And of course, Britney's gotta have one in her car. Paris with her pooch totin' one on the red carpet at some fete. The boys in 'da hood will have a field day on their daily drive bys. P Diddy will wear his on a chain around his neck. You suppose there will be special pockets made in jeans for these things? Trailer trash folks will have 'em camouflaged. Jeff Foxworthy will have to come up with some fresh Redneck stuff. Think George W. will get one, each for the twins? Don't forget Dickie boy for those spur of the moment huntin' trips. Of course Ma Babs will have hers with pearls. Think it will affect the Royals? I can imagine Charles and Camilia on their fox hunt...........ah yes, and Prince Philip, too, must include the...
Read more

You think the Repub brand is tarnished now?

Image
Just wait 'til Bonehead leads us all over the cliff, to save his 2% buddies having to pay a little higher tax. The Pubs keep thinking the American public is stupid, and they can get away with their phony political crap. They keep forgetting we're not all a bunch of FOXNews sheep, who'll swallow whatever swill is shoveled to them. A once proud party, like a beast in it's death throes, striking out to harm whatever's close, threatening to shut the gov't down, (again), over the debt limit, which is just paying the bills they already ran up. Political hacks, pretending to be patriots. So sad...
Read more

Great 'bargains' at the local Sprouts store

where we picked up asparagus and baby back ribs. Carol and I went for the same stuff (serarately, today), cuz it is so good, AND a great price. Had it for dinner tonight. WOW. One of my fav dinners, as the ribs start out in the crock pot, then finish on the grill, with fresh asparagus. (and bread pudding for dessert) I LOVE this time of year...
Read more