Janet Yellen is now the most powerful women in the world without an army. She heads the under defined “shadow” branch of the United States government.  Under her control is the cost of money and thus the valuation of assets.  From stocks and gold to real estate and currency, her control and power sets the mark. She possesses the ability to take from some at the expense of others, yet such robbery never seems to make the rap sheets. Disguised as a free market “finger” on the tiller, her predecessor placed both hands on the wheel, white knuckled at the 10 and 2 positions, to save the system from the excesses of irresponsible over leveraging from her constituents. Too big to fail and too big to jail.  Books have been written (The Creature From Jekyll Island) about this “shadow” branch detailing the history of bailouts and special treatments for some.  The regional boards are a collection of banking and brokerage insiders...(Read Full Post)