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Another really good column by Patrick
Posted: Jun 15, 2017
Buchanan! http://buchanan.org/blog/nearing-civil-war-127177;
It might even begin with the economy. Yellen raised interest - rates again, something she didn't do
[ In Reply To ..]during the Obama administration. Of course, this was predicted.
That's incorrect. She has previously raised them twice - hawkmt
[ In Reply To ..]in 2015 and in 2016.
Read this regarding interest rates! - Interesting!
[ In Reply To ..]After Raising Rates Once During The Obama Years, The Fed Promises Constant Rate Hikes During The Trump Era
By Michael Snyder, on December 14th, 2016
Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past several decades, the U.S. economy has always slowed down whenever interest rates have been raised significantly, and on Wednesday the Federal Open Market Committee unanimously voted to raise rates by a quarter point. Stocks immediately started falling, and by the end of the session it was their worst day since October 11th.
The funny thing is that the Federal Reserve could have been raising rates all throughout 2016, but they held off because they didn’t want to hurt Hillary Clinton’s chances of winning the election.
And during Barack Obama’s eight years, there has only been one rate increase the entire time up until this point.
But now that Donald Trump is headed for the White House, the Federal Reserve has decided that now would be a wonderful time to raise interest rates. In addition to the rate hike on Wednesday, the Fed also announced that it is anticipating that rates will be raised three more times each year through the end of 2019…
Did you expect the Fed to - never raise them
[ In Reply To ..]again? Of course they eventually needed to raise them. After the horrific mess in 2008 and all of the bailouts of the banks with the mortgage crises, they had to stimulate the economy so that our whole system did not crash. As far as not raising rate during an election year, that is normal. Trump can always get rid of Yellen if he thinks she is out to get him! He said he wanted her to stay because he knows she knows what the heck she is doing!
The fed chairman is elected for a certain term. - nm
[ In Reply To ..]xx
As is the FBI director! - Right?
[ In Reply To ..]Trump specifically said he wanted her to stay - if he doesn't he can find a way to get rid of her!
The FBI is part of the executive branch and works for the President. - The federal chairman serves a 4 year term.
[ In Reply To ..]Her current term ends in 2018.
Glad I paid off my credit card. Now, about the national debt... - let's say $20 trillion, a quarter percent
[ In Reply To ..]more interest would cost $50 billion more per year. Thanks Obama.
The media is trying to bring Trump down. They don't have the - power they used to. This isn't going
[ In Reply To ..]to get any better, so hang on. hey are creating lies and deceptions, and they know it. They will be responsible for fueling this CWII.
Seriously, it sounds like Buchanon is the - one stirring the pot. nm
[ In Reply To ..].
CNN is major player in this. - sm
[ In Reply To ..]More proof of their fake news. Acosta tweeted last night that Trump did not visit Scalise in the hospital. What a freaking liar. I guess he then deleted his tweet, but never apologized.
I doubt this incident is going to be the catalyst for unity - in this country. We are WAY too
[ In Reply To ..]far apart on core beliefs & never the twain shall meet.
Be careful what you wish for CNN.
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