Menu
Sister Sites

  • Tone-Deaf Fed President Jokes About "Whopping" Golf Membership Fees

    From zerohedge.com

    An ominous sign about today's high inflation environment, and quite clearly the Federal Reserve is behind the hiking curve, is a contact close with the Fed complaining about out-of-control golf membership prices. Yes, you heard that correctly. Federal Reserve Bank of Philadelphia President Patrick Harker's speech cited "one of our contacts," presumably a Wall Street banker or corporate elite, complained about the "whopping membership fee increases at his golf club." Harker said the contact even "suggested it may be a good time to play at your local muni instead" of a private course. As Matt Taibbi of TK News notes, ... (full story)

Now that Wall Street is directly affected and upset, maybe the government will take inflation more seriously since they seem to care more about them than the rest of America. I'd like to see Powell's analysis behind his assertions last year that this would be transitory. A high school economics teacher could see the danger of long-term inflation on the horizon back in 2020 as a consequence of FED policy during that time.
I dont see the connection with inflation reports saying we have 3 or 4 or 5 percent inflation. Do these assholes in gove never go to the grocery store
Probably not, they are paid enough by big pharma, and the oil companies so they have someoine else do their shoopping for them
If you are an senior citizen living on a fixed income you learn how to live within your budget, Gov employees dont live like this
Quoting Bankpips
I don't see the connection with inflation reports saying we have 3 or 4 or 5 percent inflation. Do these assholes in gove never go to the grocery store
They probably own the store, my friend,
and take what they wont for free,
then pass the cost on to the rest of us.
  • New Comment
  •  Guest
  • | IP X.XXX.29.69
Join FF
    •   Newer Stories
    Williams: A Time of Uncertainty

    From newyorkfed.org|Apr 2, 2022

    Good afternoon, everyone. I'm so pleased to be here at Princeton University. It's great to be able to attend an event like this in person, and to see so many of my esteemed ...

    Ukrainian negotiator: Russia accepts Ukraine's position with the exception of Kyiv's stance on...

    From @Financialjuice1|Apr 2, 2022|51 comments

    tweet at 2:38pm: UKRAINIAN NEGOTIATOR: RUSSIA ACCEPTS UKRAINE'S POSITION WITH THE EXCEPTION OF KYIV'S STANCE ON CRIMEA - IFX UKRAINE. tweet at 2:43pm: UKRAINIAN NEGOTIATOR SAYS RUSSIA HAS INDICATED THAT PEACE TREATY DRAFTS ARE ADVANCED ENOUGH TO ALLOW FOR DIRECT CONSULTATIONS BETWEEN PUTIN AND ZELENSKIY - INTERFAX UKRAINE tweet at 2:54pm: April 2 (Reuters) - A Ukrainian negotiator said on Saturday Russia had indicated that draft peace treaty documents were at an advanced enough stage to allow for direct consultations between the two nations' leaders, Interfax Ukraine reported. tweet at 2:54pm: The agency quoted David Arakhamia as telling Ukrainian television that Russia accepted Ukraine's overall position with the exception of its stance on Crimea.

    Ukraine forces retake areas north of Kyiv as Russians look eastward

    From reuters.com|Apr 2, 2022|15 comments

    Ukrainian forces were advancing on Saturday into areas north of Kyiv littered with debris and destroyed Russian tanks as Ukrainian President Volodymyr Zelenskiy accused departing ...

  • Story Stats
  • Posted: Apr 2, 2022 11:54am
  • Submitted by:
     Newsstand
    Category: Entertainment News
    Comments: 5  /  Views: 1,739

  • Related Stories