US FEDERAL RESERVE : Chairperson Dr Janet Yellen : Oval Office Relationship : SECURING THE NATION

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
JUN 9TH    SINCE TIME BEGAN : salus populi suprema est lex - the right of the people is the supreme law : IN TRUTH WE TRUST    2017 ADE
CONSIDERING THE FIRST 150 DAYS OF POLITICAL THEATRE - ARE THINGS SO BAD ?
TOTAL $19 TRILLION NATIONAL DEBT : US DEBT CLOCK - CURRENT TIME : TOTAL $ 69 TRILLION US DEBT
JUNE 2017 MONETARY POLICY REPORT
HOW THE OVAL OFFICE EVENTS AFFECT THE MARKETPLACE
"Profits from current production decreased $40.3 billion, or 1.9 percent (quarterly rate), in the first quarter. Domestic profits of financial corporations decreased $28.4 billion; domestic profits of nonfinancial corporations decreased $18.4 billion; and rest-of-the-world profits increased $6.5 billion. Estimates of corporate profits were affected by legal settlements in the first quarter. The national income and product accounts (NIPA) record these settlements on an accrual basis in the quarter when the settlement is finalized, regardless of when recorded on a company's own financial statements. The estimate of financial corporate profits was reduced by $5.6 billion ($22.3 billion at an annual rate) reflecting two separate legal settlements related to the sale of residential mortgage-backed securities. The federal government imposed a $3.1 billion penalty on a U.S. subsidiary of Deutsche Bank and a $2.48 billion penalty on a U.S. subsidiary of Credit Suisse.."
OLIVER WENDELL HOLMES OPINIONS ON THE MATTER OF PAYING TAXES : IRS TAX QUOTES
"“I like to pay taxes. With them, I buy civilization.”

"A tax loophole is "something that benefits the other guy. If it benefits you, it is tax reform.'' 
— Russell B. Long, U.S. Senator"


POLITICAL COMMENTARIES PUBLISHED BY
Shqwi'qwal   RALPH CHARLES GOODWIN   Yuxwuletun
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