I saw the other day that the Feds (The Federal Reserve Board) which is made up of our brightest economists (3) and lawyers (2) and vacancies (2) have decided not to raise the federal interest rate. Now, I was quite surprised in December, after not raising the rate during the financial crisis, they decided to raise the rate by a quarter of a percent. Now, they say nope, we were wrong, the Ouija Board,Tea leaves and Crystal Ball we were using developed a bad case of the Zika Virus. We have now returned to throwing darts at the dart board, in hopes that we can get this thing right at least 50% of the time instead of missing the target entirely.
What the Fed said:
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. In light of the current shortfall of inflation from 2 percent, the Committee will carefully monitor actual and expected progress toward its inflation goal.
What the Fed meant:
We’re not just making this up as we go along. There are numbers — so many numbers — and we’re watching them all to decide when to raise rates. Want labor numbers? We got ’em. Inflation expectations data? We’ve got you covered.
Alan Graf/Cultura/Getty Images
These are the files they use as a backdrop for their dartboard.
I am pretty sure that Meterologists would score higher on Advanced Placement tests than Federal Reserve Board members. When is the last time you listened to your weather person with any degree of reliance? So, Economist’s and Government officials, with whopping degrees are no smarter than the average American citizen. Only thieves have a better success rate because they have found a way to bilk the system and make money by taking from others.
What does this have to do with a political campaign? Well, the President appoints the Chairman and the Vice Chairman of the Federal Reserve board. My appointees for both positions would be ONE Fortune Teller and ONE Las Vegas Roulette Dealer. Watch this economy soar!
The banter between candidates keeps rising. It’s reaching a boiling point.
All of the remaining candidates sound a bit like this to those who now have to choose a candidate for America.
Just remember, “You can’t fatten up the hog on the day of the fair!
Vote The “REAL Donald” 
