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[Former Fed Reserve Member] Dudley encourages the Fed to help sway the 2020 election against Trump
CNBC ^ | 08/27/2019 | Jeff Cox

Posted on 08/27/2019 9:41:45 AM PDT by rumrunner

Dudley went so far as to suggest the Fed could — and should — try to influence the next election against Trump.

“After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives,” he wrote.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events; Political Humor/Cartoons; Politics/Elections
KEYWORDS: dudley; federalreserve; thefed; trump
Unbelievable. The Fed is tasked with maintaining full employment and price stability.

Now this bozo, who was the New York Federal Reserve Member under Obama, which is the permanent voting member of the Fed Board of Governors, wants have the Fed actively work against the President.

1 posted on 08/27/2019 9:41:45 AM PDT by rumrunner
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To: rumrunner

The tried that in 2008.
It didn’t go well


2 posted on 08/27/2019 9:42:33 AM PDT by Zathras
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To: rumrunner

Seems everyone in Washington was on the take and had ‘insurance policies’ to protect their graft.

Guess they want that back...


3 posted on 08/27/2019 9:47:33 AM PDT by GOPJ (Epstein provided white liberal 'elites' with children to rape. The white liberal press ignores ...)
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To: rumrunner

END THE FED....

Audit the Fed...


4 posted on 08/27/2019 9:49:45 AM PDT by ptsal
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To: rumrunner

Trump has a knack for getting leftists and globalists to drop their masks. If the Fed doesn’t immediately repudiate Bozo’s comments here, Trump should declare holy war on them. They are not supposed to be a political body, nor is it in the national interest for them to be one.


5 posted on 08/27/2019 9:49:55 AM PDT by rightwingcrazy (;-)
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To: rumrunner
The Fed is tasked with maintaining full employment and price stability.

And they actively and publicly violate their own mandate every year by having a Target of 2%-3% DEVALUATION(inflation) Annually. For this alone the 3rd central bank should be abolished and all the participants asset stripped and imprisoned for LIFE!!!
6 posted on 08/27/2019 9:55:48 AM PDT by eyeamok
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To: rumrunner
“After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives,” he wrote.

Let's see, currently:
- Unemployment rate is very low
- Inflation is very low

So how exactly is Trump's reelection a threat to the economy?

7 posted on 08/27/2019 9:59:45 AM PDT by vrwc1
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To: rumrunner

Just more proof of how disruptive and destructive the Obama administration was.


8 posted on 08/27/2019 10:05:58 AM PDT by neverevergiveup
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To: vrwc1
...and global economy...

It isn't our economy they are concerned with, by their own words. Their high morale will continue until the hangings begin.

9 posted on 08/27/2019 10:15:39 AM PDT by BlackbirdSST (Is it time Claire?)
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To: rumrunner
Translation:

"Let the Trump-supporters, who have all the guns, know that their government is illegitimate"

10 posted on 08/27/2019 10:17:21 AM PDT by kiryandil (The Media & the DNC tells you who you're gonna vote for. We CHOSE Trump.)
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To: rumrunner

The more and more the swamp tries to defeat Trump the more his Victory in 20202 will be. The swamp will die hard.
.


11 posted on 08/27/2019 10:25:38 AM PDT by guardian_of_liberty (We must bind the Government with the Chains of the Constitution...GOD, FAMILY, COUNTRY)
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To: rumrunner

What were Dudley’s wages when he worked for the Fed? How many bonuses did he receive while working for the Fed? How much money did he receive from the Fed when he left? It’s all about money and power.
Come on Conservative Deplorable, let’s keep our President through another administration to make our country greater.


12 posted on 08/27/2019 10:56:40 AM PDT by tillacum (I am a conservative deplorable and doggone proud of it. I back President Trump, I voted for him.)
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To: rumrunner

The fundamental justification for the structure of the Fed is that it insulates monetary decisions from politics. Dudley just confirmed that the Fed is built on a lie. I was a career bank examiner, now on the banking side for 15 years. I am convinced the Fed does not pursue its stated mission, but takes orders from elites. Burn the Fed down.


13 posted on 08/27/2019 11:09:52 AM PDT by RatRipper
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To: rumrunner

The Fed left interest rates alone from 2008 until 2015.

They raised rates in early 2015, and again after Trump won the election.

Since Trump winning the election in 2016, the Fed has raised rates 8 times. They lowered them once.

Sorry, but nobody can really make a sound case to me that the Fed hasn’t already been trying to drive Trump from office.


14 posted on 08/27/2019 12:37:15 PM PDT by DoughtyOne (This space for rent.)
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To: rumrunner
“...Trump’s reelection arguably presents a threat to the U.S. and global economy”

Fixed it.

Another NWO traitor.

15 posted on 08/27/2019 12:39:14 PM PDT by polymuser (It's discouraging to think how many people are shocked by honesty and how few by deceit. Noel Coward)
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To: rumrunner

The whole point about the Fed is that they must NOT get into politics, need to stay neutral.

If they try to manipulate things to influence an election, they need to be disbanded right now.


16 posted on 08/27/2019 12:50:56 PM PDT by Innovative
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To: Innovative

Methinks the storied notion of apoliticism amongst the Federal Reservists, especially the unscrupulous liberals among them, is long since been put to the lie.


17 posted on 08/27/2019 12:58:42 PM PDT by Flaming Conservative ((Pray without ceasing))
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To: vrwc1

Trump’s reelection is a threat to the Fed’s INDEPENDENCE.....so the Fed should work hard to thwart Trump’s reelection to show how INDEPENDENT they are??

HUH???


18 posted on 08/27/2019 1:51:12 PM PDT by originalbuckeye ('In a time of universal deceit, telling the truth is a revolutionary act'- George Orwell..?)
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