NADER vs. FED
Quote from Ralph Nader (remember him), “We want to know why the Federal Reserve, funded and heavily run by the banks, is keeping interest rates so low that we receive virtually no income for our hard-earned savings while the Fed lets the big banks borrow money for virtually no interest. It doesn’t seem fair to put the burden of your Federal Reserve’s monetary policies on the backs of those Americans who are the least positioned to demand fair play.”
This is a radical left wing person, Ralph Nader (Green Party), an equivalent to Bernie Sanders. Aren’t Democrats supposed to work together? It doesn’t seem so in this case!
So now the question is, what are Yellens motives, with all the savings that Janet Yellen has created for millions of people? Doesn’t she want the regular American to gain some interest for their hard-earned savings after this 10 year 0% rate stimulus that she and Obama imposed? After all, the economy is stronger than ever and Americans have been saving lots of money. All she’s doing is helping the big corporations (which is a Republican strategy) by lending hundreds of millions of dollars for free, thus keeping their money abroad through tax inversions.
So what exactly is on her agenda? Nothing but to protect President Obama’s legacy, which is a contradiction to Democratic Policy.
An example of this diversion and protection is Hillary Clinton making an enormous ruckus over the $150,000,000,000 mega merger deal between Allergan and Pfizer. Hillary should be scrutinizing the Federal Reserve not the companies making the deal! Hillary: The worst presidential candidate that this country will ever have, but we’ll save that exposition for another day.
The only thing The Fed is doing by excessively suppressing interest rates is allowing big banks to fund $200,000,000,000 Merger & Acquisition deals, which is in essence contradictory to Democratic ways of prioritizing “for the people”.
Yellen knows very well that the little guy will never be able to pay his/her loan when rates will obviously have to go up aggressively once she leaves office. In the meantime through her actions, she advocates enormous mergers through cheap lending which leads to enormous companies that stash their cash in Ireland and other European nations using tax inversions instead of keeping the money in the USA. This limits the amount of cash brought to the US due to higher tax –rates. Again, defying what is in the best interest of the American people.
The conclusion is that the entire Obama administration and the Federal Reserve are all working together to protect their legacy, ultimately leaving this country in shambles following his exit from office.
Rather than worry about bringing that money back by reforming the corporate tax rate, which would promote jobs, Yellen is more focused on keeping rates at zero so that the little guy will eventually be forced to face havoc in their finances. A textbook democratic policy should be to keep all monies made in the United States as well as continue building savings accounts that Americans depend on and live by, rather than destroy them.
It drives me crazy that we the people are so ignorant when it comes to believing Hillary, Yellen and the Barack Hussein Obama’s of the world when in actuality, all they’re really doing is blowing smoke up we-the-people’s collective behinds.
Does any of this make sense to you? If not please let us know, we would love to hear you feedback! In our opinion there is nothing to refute and nobody out there that can refute this post. Challenge us!!