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Yellen says economy still needs Fed support
Yahoo News ^ | 07/15/2014 | By MARTIN CRUTSINGER

Posted on 07/15/2014 8:14:23 AM PDT by Carbonsteel

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS:
What a bunch of BS. All this serves is the boost the numbers on Wall-Street, which then of course the Media will use as platform to tell us how great the Obama economy is.

The Politicians like Elizabeth Warren will demonize, corporate American, the free market and Republicans for allowing the wealth of the nation to concentrate in the hands of the evil 1%.

Never does she acknowledge the administration's tactics of using the Fed to prop up Wall-street in an effort to make themselves look good and advocate for policies that will in fact harm the economy while at the same time turning our money into trash.

1 posted on 07/15/2014 8:14:23 AM PDT by Carbonsteel
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To: Carbonsteel
This is what we'll look like when "the economic recovery is complete"...


2 posted on 07/15/2014 8:17:54 AM PDT by carriage_hill (Some days you're the windshield, and some days you're the bug.)
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To: carriage_hill

92 million out of work, 29 hour per weeks jobs, $3.65 gas, 1 in 5 on govt assistance. Yeh Janet its not looking too great.


3 posted on 07/15/2014 8:19:43 AM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Carbonsteel

I’m going to quit any day now. I just need one more shot for now.


4 posted on 07/15/2014 8:20:58 AM PDT by Junk Silver
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Click The Pic To Donate

Support FR, Donate Monthly If You Can

5 posted on 07/15/2014 8:23:08 AM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: Carbonsteel

Another couple of trillion in asset purchases and everything will turn out swell. /sarc


6 posted on 07/15/2014 8:23:17 AM PDT by Starboard
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To: Carbonsteel

it need support because the fed is its only life support. Without it, the phony recover is exposed


7 posted on 07/15/2014 8:26:25 AM PDT by 4rcane
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To: Carbonsteel

“Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete”

Where do they get such morons.


8 posted on 07/15/2014 8:29:02 AM PDT by headstamp 2
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To: All

They can’t convince anybody to buy their bonds, not even the Chinese anymore, so they just print more money and hand it to the banks. Someday the excess liquidity will go into meltdown mode, probably sooner rather than later.


9 posted on 07/15/2014 8:35:48 AM PDT by Gunpowder green
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To: Georgia Girl 2

And it’s going to get worse; he’s got 2+ years to do that to us.


10 posted on 07/15/2014 8:41:17 AM PDT by carriage_hill (Some days you're the windshield, and some days you're the bug.)
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To: Carbonsteel

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete

NOT COMPLETE? Lady you need to get outside of the Capitol! I was on 3 job search sites this past week and of the 200-250 jobs I looked at 99% were part time no benefits (thanks Obamacare). There were even some jobs listed requiring a college degree that were part time. How the hell can someone do that? No lady you can cook the books and play numbers games all you want. For most of the country the economy still sucks and until Obama and you and the rest are gone it will keep on suking........


11 posted on 07/15/2014 8:44:41 AM PDT by SECURE AMERICA (I am an American Not a Republican or a Democrat.)
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To: Carbonsteel

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete

NOT COMPLETE? Lady you need to get outside of the Capitol! I was on 3 job search sites this past week and of the 200-250 jobs I looked at 99% were part time no benefits (thanks Obamacare). There were even some jobs listed requiring a college degree that were part time. How the hell can someone do that? No lady you can cook the books and play numbers games all you want. For most of the country the economy still sucks and until Obama and you and the rest are gone it will keep on suking........


12 posted on 07/15/2014 8:45:46 AM PDT by SECURE AMERICA (I am an American Not a Republican or a Democrat.)
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To: Carbonsteel

I think everyone here is missing the point she is trying to make::
We must (The Fed) continue to DEVALUE our currency to completely Destroy the Middle Class, It is the only way we can achieve Utopian Equality and make the serfs dependent on government.


13 posted on 07/15/2014 8:48:09 AM PDT by eyeamok
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To: carriage_hill

Yep.


14 posted on 07/15/2014 9:28:42 AM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Carbonsteel

Bubble, bubble, bubble ...


15 posted on 07/15/2014 9:28:47 AM PDT by VRWC For Truth (Roberts has perverted the Constitution)
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To: VRWC For Truth

POP! (Sept 13, 2015)


16 posted on 07/15/2014 9:29:29 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Carbonsteel

The Fed is now cooking the books much like the VA. What counts in D.C. is that the reports look good. Who cares that retirees are having their savings wiped out thru a combination of zero interest rates and high inflation for necessities like food and fuel. You know; those things that don’t count with the official Fed definition of inflation. These pinheads at the Fed can pat themselves on the back and show off their phony recovery statistics. They don’t have to live in the real world.


17 posted on 07/15/2014 9:34:23 AM PDT by Flick Lives ("I can't believe it's not Fascism!")
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To: headstamp 2
Where do they get such morons.

Ivy League schools
Banksters
DC Bubble
Communist enclaves

18 posted on 07/15/2014 11:41:08 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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