Obama's nominees to the Federal Reserve board ALL JEWISH

Started by MikeWB, August 08, 2010, 03:49:05 AM

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MikeWB

Here are their names:

Peter Diamond - jewish - http://en.wikipedia.org/wiki/Peter_A._Diamond
Janet Yeller - jewish - http://en.wikipedia.org/wiki/Janet_Yellen
Sarah Bloom Raskin - jewish  - http://en.wikipedia.org/wiki/Sarah_Bloom_Raskin

Notice how this article states that Obama has "taken command" of Fed.  :lol:

QuoteObamacon Doves vs. Hard-Money Heartland Hawks
By Larry Kudlow

President Obama has appointed three new doves to the Federal Reserve Board, thereby taking command of the nation's central bank. But there's a split developing inside the Federal Reserve System: The Reserve Bank presidents, appointed by their own district boards of directors, are increasingly likely to wage a battle royale against the central-bank headquarters in Washington and its free-money, ultra-easy policies.

The new Obama appointees include Janet Yellen, president of the San Francisco Fed, Peter Diamond of MIT and Sarah Bloom Raskin, the top Maryland state banking supervisor -- who blames Wall Street greed for much of the financial crisis.

Now, Yellen is a highly credentialed and respected former Clinton administration economist. But the new Fed vice chair is also a devotee of targeting the unemployment rate as a key monetary-policy gauge. The Keynesian idea here is that too many people working cause inflation. So with a 9.7 percent unemployment rate, she can be expected to back Fed head Ben Bernanke in his quest for continued free money, with the other new doves following suit.

Make no mistake about it. These appointees (along with Daniel Tarullo, an earlier Obama appointee and another dove) make for an easy-money, pro-regulation Fed. As for monetary soundness, price stability and a reliable King Dollar, these highly credentialed academics won't pilot us there.

California economist Scott Grannis recently blogged about "easy Fed, strong gold." The yellow metal, which has proven to be the best indicator of currency confidence, continues its upward trend against the dollar, and for that matter against the euro and Japanese yen. Grannis also has been writing about the surge in commodity prices, which are marching onward and upward in a V-shaped recovery. Grannis, in other words, is tracking the appropriate indicators.

Many supply-siders, including myself, believe that commodity prices in the open market are the best measures of whether money is too tight or too loose. But no one on this new Obama monetary team will be paying much attention to gold and commodities. They believe in the so-called Phillips Curve tradeoff between inflation and unemployment, despite the breakdown of that model back in the 1970s, when both measures rose together, and for most of the 1980s and 1990s, when both measures (SET ITAL) fell (END ITAL) together.

Indeed, more people working more productively will create more economic growth to absorb the money supply and maintain very low inflation. On the other hand, the $2 trillion Fed balance sheet -- which embodies the creation of a massive new volume of the high-powered monetary base, to draw on Milton Friedman's analysis -- sets the stage for too much money chasing too few goods and a steady depreciation of the dollar.

In this scenario, enter one Thomas Hoenig, head of the Kansas City Fed.

Hoenig is a rising monetary superstar who has dissented at each of the last three Fed open-market meetings. He believes money is too loose, and says that if this continues, we risk a new financial bubble that ultimately will come to no good end. I believe Hoenig's warnings are right on target.

At its meeting this week, the Fed chose to ignore clear signs of a stronger-than-expected V-shaped recovery, along with the bubbling-up of commodity prices and double-digit gains in the producer price index. This is a high-risk strategy. It points to no plan for exiting the zero-interest-rate policy that continues to govern long after the financial and economic emergency has passed.

My own view is that we need a dose of what I call cowboy monetarism. By that, I mean the Fed should surprise  Wall Street traders with unexpected policy restraint in order to keep them from taking excessive risks in their financial dealings. Like the cowboys of the Old West, who would act in their own defense at a moment's notice, the Fed should not be afraid to pull the trigger on some small restraining moves now to prevent new financial bubbles and an outbreak of inflation down the road.

Wall Street economist Mike O'Rourke criticizes the Fed for cutting and pasting the same predictable phrases from the same predictable policy at each successive Fed meeting. The Fed basically did it again this week. And this is exactly the same mistake it made during the 2002-05 period, when the last bubble was born.

Some small restraining signals now might save us a lot of aggravation later. But the Obama doves are going to resist this approach.

The downside of this stubborn adherence to failed monetary theory may not only put the soft-money Obamacon doves at war with the hard-money Reserve Bank hawks, it could do great damage to hopes for a recovery in American prosperity in the years ahead

http://www.realclearpolitics.com/articl ... 05394.html

Also,



OBAMA'S JEWISH 'CZARS'
- Economic Czar – Larry Summers
- Regulatory Czar – Cass Sunstein
- Pay Czar – Kenneth Feinberg
- Manufacturing & Auto Czar – Ron Bloom
- Guantanamo/Military Jails Czar – Daniel Fried
- Border Czar – Alan Bersin
- Climate Czar – Todd Stern
- Global Warming Czar – Carol Browner
- Domestic Violence Czar – Lynn Rosenthal
- Govt. Performance Czar – Jeffrey Zients

BOARD OF GOVERNORS OF AMERICAN FEDERAL RESERVE (minus the gentiles)
- Ben Shalom Bernanke – Chairman
- Donald L. Kohn – Vice Chairman
- Kevin M. Warsh
- Note: Frederic Mishkin recently left the Board of Governors

Jewish Federal Reserve District Bank Presidents:
- Eric S. Rosengren – President, Federal Reserve Bank of Boston
- Charles I. Plosser – President, Federal Reserve Bank of Philadelphia
- Jeffrey M. Lacker – President, Federal Reserve Bank of Richmond
- James B. Bullard – President, Federal Reserve Bank of St. Louis
- Gary H. Stern– President, Federal Reserve Bank of Minneapolis
- Thomas M. Hoenig – President, Federal Reserve Bank of Kansas City
- Richard W. Fisher– President, Federal Reserve Bank of Dallas
- Janet L. Yellen – President, Federal Reserve Bank of San Francisco

JEWS ON OBAMA'S ECONOMIC TEAM:
- Ben Bernanke: Chairman, Federal Reserve System
- Neal Wolin: Deputy Secretary, U.S. Treasury Department
- Lael Brainard: Under Secretary, U.S. Treasury Department

JEWS IN INTERNATIONAL AFFAIRS
- Richard Holbrooke:Special Envoy to Pakistan/Afghanistan
- Stuart Levey: Under Secretary for Terrorism and Financial Intelligence
- Lawrence Summers: Chairman, National Economic Council
- Paul Volcker: Chairman, Economic Recovery Advisory Board
- Jared Bernstein: Chief Economist and Economic Adviser,
- Peter Orszag: Director, Office of Management and Budget
- Jason Furman: Deputy Director, Office of Management and Budget
- Jeffrey Zeints: Chief Performance Officer to streamline government and cut costs as well as Deputy Director for Management at the Office of Management and Budget
- Gary Gensler: Chairman, Commodity Futures Trading Commission
- Mary Schapiro: Chairwoman, Securities and Exchange Commission
- Sheila Bair: Chairman, Federal Deposit Insurance Corporation
- Karen Mills: Administrator, Small Business Administration
- Jon Leibowitz: Chairman, Federal Trade Commission
- Douglas Shulman: Commissioner, Internal Revenue Service
- Neil M. Barofsky: Office of the Special Inspector General for the Troubled Asset Relief Program ("SIGTARP")

JEWS ON FOREIGN POLICY TEAM:
- James B. Steinberg: Deputy Secretary of State
- Jacob Lew: Deputy Secretary of State for Management and Resources
- Jeffrey D. Assistant Secretary, Bureau of Near Eastern Affairs (Includes Mideast)
- Lee Feinstein: Foreign Policy Advisor
- Eric Lynn: Middle East Policy Advisor
- Dennis Ross: Special Advisor for the Gulf (Iran) and Southwest Asia to the Secretary of State
- Mara Rudman: Foreign Policy Advisor
- Dan Shapiro: Head of Middle East desk at the National Security Council

OTHER JEWISH NOMINEES/APPOINTEES
- Rahm Emmanuel: Whitehouse Chief of Staff
- Julius Genachowski: Chair, Federal Communications Commission
- Elena Kagan: Solicitor General of the U.S., Department of Justice
- Dr. Margaret Hamburg:Commissioner, of the Food and Drug Administration
- Dr. Joshua Sharfstein:Deputy Commissioner, Food and Drug Administration
- Susan Sher:Chief of Staff for First Lady Michelle Obama
- Dr. Thomas R. Frieden:Director, Centers for Disease Control and Prevention
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Ognir

Most zionists don't believe that God exists, but they do believe he promised them Palestine

- Ilan Pappe

MikeWB

Do you guys realize how dumb and brainwashed US population has become that they don't even question things like this anymore?! Sometimes I lose hope that they'll ever wake up  :(

Imagine if all these people were Chinese or Asian looking (and there's about twice as many asians in US as Jews)... would people act differently?
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abduLMaria

Planet of the SWEJ - It's a Horror Movie.

http://www.PalestineRemembered.com/!

MikeWB

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Whaler