Biden Treasury Secretary Janet Yellen: "Under Biden's plan, we will “rid ourselves” of oil and gas."
https://twitter.com/William39009143/sta ... 2162568193
Yellen END Fossil Fuel Dependency
Re: Yellen END Fossil Fuel Dependency
She can and will say anything she is told to say, because she will be dead for decades before renewables are even 50% of U.S. energy supply. See my note about Copper in the Other Topics section.
The idea that the U.S. can end fossil fuel dependency is an outright lie and they know it, or they are all just a bunch of idiots. Probably the latter.
The idea that the U.S. can end fossil fuel dependency is an outright lie and they know it, or they are all just a bunch of idiots. Probably the latter.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
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SergioSays
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Re: Yellen END Fossil Fuel Dependency
It's disgusting how she has been bought off.
Re: Yellen END Fossil Fuel Dependency
Maybe there is a tiny chance that the whole Biden Team believes in the Green New Deal Lie, but surely they must at least have some doubt after seeing what is happening in Europe.
I think the Democrats have overplayed the FEAR of Climate Change card. A high percentage of our population is being controlled by FEAR of Covid, FEAR of Trump, FEAR of a recession and FEAR of Global Warming. Politician do it because it works.
I think the Democrats have overplayed the FEAR of Climate Change card. A high percentage of our population is being controlled by FEAR of Covid, FEAR of Trump, FEAR of a recession and FEAR of Global Warming. Politician do it because it works.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Yellen END Fossil Fuel Dependency
we know Yellen is repeating White House talking points
that are B.S.
but we all probably know Democrats in our lives that drink the DNC kool-aid, watch MSNBC, believe all the spin & B.S. from this White House
and it's utterly useless to try to talk sense to them
when I ask them why they haven't bought an EV yet, the response is a puzzled look and blank stare
that are B.S.
but we all probably know Democrats in our lives that drink the DNC kool-aid, watch MSNBC, believe all the spin & B.S. from this White House
and it's utterly useless to try to talk sense to them
when I ask them why they haven't bought an EV yet, the response is a puzzled look and blank stare
Re: Yellen END Fossil Fuel Dependency
Yellen carries huge responsibility in my view for the inflation debacle the US has faced. While J.Powell deserves some responsibility for the transitory call, the reality is that Yellen was at the helm from 2014 until 2018 when the Fed did not reverse and pull back the QE from the GFC. Rates were close to 0 for way too long. Messages like the one in this video and the G7 oil price caps are just further examples of inept leadership /policies. When one looks at her Bio, I guess we are getting what we should expect - theoretical policies with no real world logic/experience.
Yellen's Bio:
Yellen graduated summa cum laude in economics from Brown University (1967) and received a Ph.D. in economics from Yale University (1971). She then served as an assistant professor of economics at Harvard University until 1976. In 1977–78 she worked as an economist for the Federal Reserve Board of Governors, and in 1978–80 she served as a lecturer at the London School of Economics and Political Science. In 1980 Yellen joined the faculty of the Haas School of Business at the University of California, Berkeley, where she conducted research and taught macroeconomics at all levels, receiving numerous teaching awards. She was appointed Bernard T. Rocca, Jr. Professor of International Business and Trade in 1992 and Eugene E. and Catherine M. Trefethen Professor of Business Administration and Professor of Economics in 1999. She subsequently became professor emeritus at the Haas School of Business.
In 1994 Yellen took a leave of absence from Berkeley to serve as a member of the Board of Governors of the Federal Reserve System, a post she held until 1997. She then left the Fed to become head of Pres. Bill Clinton’s Council of Economic Advisers until 1999. She concurrently chaired the Economic Policy Committee of the Organisation for Economic Co-operation and Development (OECD).
Yellen returned to Berkeley in 1999 and taught there until 2004, when she was appointed president of the Federal Reserve Bank of San Francisco. She was appointed vice chair of the Board of Governors of the Fed in 2010. Three years later Pres. Barack Obama nominated her as the next head of the Federal Reserve System. There was some controversy surrounding her nomination, mainly because many Republicans believed that she would place too much emphasis on reducing unemployment and not enough on controlling inflation. Nevertheless, in January 2014 she was confirmed by the U.S. Senate by a vote of 56 to 26, the smallest confirmation margin of a head of the Federal Reserve System in history. Her four-year term began on February 3, 2014.
Yellen's Bio:
Yellen graduated summa cum laude in economics from Brown University (1967) and received a Ph.D. in economics from Yale University (1971). She then served as an assistant professor of economics at Harvard University until 1976. In 1977–78 she worked as an economist for the Federal Reserve Board of Governors, and in 1978–80 she served as a lecturer at the London School of Economics and Political Science. In 1980 Yellen joined the faculty of the Haas School of Business at the University of California, Berkeley, where she conducted research and taught macroeconomics at all levels, receiving numerous teaching awards. She was appointed Bernard T. Rocca, Jr. Professor of International Business and Trade in 1992 and Eugene E. and Catherine M. Trefethen Professor of Business Administration and Professor of Economics in 1999. She subsequently became professor emeritus at the Haas School of Business.
In 1994 Yellen took a leave of absence from Berkeley to serve as a member of the Board of Governors of the Federal Reserve System, a post she held until 1997. She then left the Fed to become head of Pres. Bill Clinton’s Council of Economic Advisers until 1999. She concurrently chaired the Economic Policy Committee of the Organisation for Economic Co-operation and Development (OECD).
Yellen returned to Berkeley in 1999 and taught there until 2004, when she was appointed president of the Federal Reserve Bank of San Francisco. She was appointed vice chair of the Board of Governors of the Fed in 2010. Three years later Pres. Barack Obama nominated her as the next head of the Federal Reserve System. There was some controversy surrounding her nomination, mainly because many Republicans believed that she would place too much emphasis on reducing unemployment and not enough on controlling inflation. Nevertheless, in January 2014 she was confirmed by the U.S. Senate by a vote of 56 to 26, the smallest confirmation margin of a head of the Federal Reserve System in history. Her four-year term began on February 3, 2014.