Golden Idol? No Golden Jackass...
By Jim Willie CB http://news.goldseek.com/GoldenJackass/1384549200.php
"Janet Yellen appeared before the Senate Banking Committee on the approval process, more a production than a process...Expect continuity in monetary policy and the march toward a fascist state led by the financial elite helm, the criminal banker syndicate."
"Before the august body of mostly compromised and bribed senators, Yellen stated her position. It toes the line obediently. It tows the elite carriage also, complete with banker parasites as cargo. It assures continuation of the present destructive policy. It promises no change, no reform, no solution, only a path toward the cliff and into the abyss."
"They are therefore on a collision course with systemic failure, economic breakdown, and USGovt debt default. They will perpetuate their destructive monetary policy, because they have no choice. They will perpetuate their destructive monetary policy until the systemic breakdown and debt default occur, which they will blame on the Chinese and Saudis for their USDollar abandonment. Yellen will preside over systemic failure."
Not the most complete or micro-analytical report of the Fed. and it's lunacy. But quite concise, acidic, and reality based.