- Is THIS the Reason Why Yellen & President Obama Are Having So Many Secret Meetings?
Secret Meetings Galore!
Things are now deteriorating in the global economy so quickly, that it cannot be hidden from the public any longer. Just yesterday, the world sat tight as the Federal Reserve and the President had a secret meeting.
However, it was the advanced nature of the meeting that turned the most heads. Just look at tone of the announcement, via the Federal Reserve’s own website:
Advanced Notice of a Meeting under Expedited Procedures
It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 2:00 PM on Tuesday, April 12, 2016, will be held under expedited procedures, as set forth in section 26lb.7 of the Board’s Rules Regarding Public Observation of Meetings, at the Board’s offices at 20th Street and C Streets, N.W., Washington, D.C. The following items of official Board business are tentatively scheduled to be considered at that meeting.
Meeting Date: Tuesday, April 12, 2016
Bank Supervisory Matter
Uh oh. In the past these “expedited procedure” meetings were rather rare, yet now they’re getting more commonplace!
“Watchman, what are you fear-mongering about now? It’s just one meeting? Who cares?”
Uh, if you just said that…then you won’t wanna look at this next picture from the Fed website… As you can see..it wasn’t “just one meeting”….it was the 3rd such meeting in one week, with ANOTHER such meeting happening today!
4 expedited meetings in one week, and Mike Maloney says, that there will be 8 such meetings just this month, total!