One Reader Tried to Get a Transcript of What Obama Said to Yellen; This Is What the Fed Replied
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / by Tyler Durden on 04/23/2016 – 19:13
One month ago we showed something curious: literally, the very hour the market was hitting its February lows, Janet Yellen was on the phone with Bank of England governor (and former Goldman Sachs employee) Marc Carney, followed the very next day by a conversation with ECB president (and former Goldman Sachs employee) Mario Draghi.
One reader tried to get to the bottom of the content of these phone calls and sent a FOIA to the Fed in which he requested the audio file or any documentation of the nature of the telephone call between Yellen and Carney and, subsequently, Draghi.
The Fed’s response: a resounding “no”, for the following reason: “the responsive document contains nonpublic commercial or financial information” and while “the document containing the exempt information was reviewed… no reasonably segregable nonexempt information was found.” Case closed.
This came from the “most transparent Fed ever.”
A few days later, another very important and once again “behind closed doors” event took place: Yellen met with both Obama in the afternoon of April 10, just hours after the Fed held an emergency meeting under expedited procedures to discuss “rates.” That meeting too was confidential.
While clearly the detailed contents of the meeting would not be revealed, the White House was kind enough to issue the following three sentence summary:
The President and Chair Yellen met this afternoon in the Oval Office as part of an ongoing dialogue on the state of the economy. They discussed both the near and long-term growth outlook, the state of the labor market, inequality, and potential risks to the economy, both in the United States and globally. They also discussed the significant progress that has been made through the continued implementation of Wall Street Reform to strengthen our financial system and protect consumers.
This in turn came from the “most transparent administration ever.” Sarcasm aside, the above was far more “transparent” than what the Fed provided following Yellen’s meeting, which was nothing.
Which is why one reader decided to once again give it a try, and get to the bottom of what was said during the Yellen-Obama meeting asking for the minutes from said meeting.
The Fed’s response: “we don’t keep those.”
The post One Reader Tried To Get A Transcript Of What Obama Said To Yellen; This Is What The Fed Replied appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/04/23/one-reader-tried-to-get-a-transcript-of-what-obama-said-to-yellen-this-is-what-the-fed-replied-2/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).