What happens in a Democratic-Republic when the most powerful person has an agenda which seems at odds with the legislative body?
We found out today when Janet Yellen, who is not at all orange, testified before the Senate Banking Committee for the first time since … well, really since all Hell broke loose. Financial issues have largely taken a back seat since the circus came to town and the opportunity to return to such a basic issue had the wonderful air or normality to it.
That didn’t stop anyone from trying to bring in the clowns, of course. But real leaders, like Yellen, know better than to take the bait. It was delightfully boring, as all banking should be. But it still had its moments.