Posted on 12/24/2018 11:28:26 AM PST by E. Pluribus Unum
If divided government is hurting the economy, why is Trumps federal reserve chairman tightening the money supply?
That’s a rather puerile position.
There are no good people in Washington. Or at least very few.
I don’t think this guy advertised that he would do what the Fed always does when it wants a recession.
Well Mr President, you can do like JFK did and issue a EO requiring the treasury to print money backed by gold and silver. The only thing is Mr President. After you issue that order, you had better go into hiding because they will do what they did to JFK.
Well, they are printing money as long as I remember. The Fed play the largest role to ensure the US economy going to the right direction. Greenspan helped Bush’s economy numerous times if not all the time. This Fed chairman though came out to say US economy is going down in recession. Then hiked interest rate 3 times.????!! I only see Greenspan cut the interest rate to encourage the investors when the stock market falling. And this FED guy did the opposite especially at the end of the year. Why?? Because it will stick and people will only look at Year-ended report. Besides Powell talked about his willingness to follow congress’ direction (not the President) which soon to be Democrat controlled. What?? FED is an independent sector and why he has to follow Congress? This is wrong and imo he needs to be gone.
I’m trying to be fair to the FED chairman, but this smelled very bad and made me sick. On the other hand, I think Trump needs to stop calling out people who don’t agree with him or trying to back stab on him. He shouldn’t play their game. It’s better to stop bleeding first by just explain why we have to increase the interest rate and what is the optimistic about US economy. Fed Chairman should do this but he didn’t. So Trump has to do it.
Drive for show.
Putt for dough!
Starting to worry about his welfare. In one week he takes on the powers that be, the open border globalists, the MIC, and the world banking cabal. I like to see it and it needs to be done, but he is going where few have dared to go before all at one time like this.
Don’t whine and complain, do.
Skull and Bones swamp guy Mnuchin highly recommended Powell..swamp is gonna swamp
That's not accurate.
The biggest problem facing the U.S. economy is the possible recession in the rest of the world...and the Democrats in the House run a close second.
Trump had to appoint one of the current Fed board members to chairman, there were only two seated, Powell and some democrat chick, both Obama appointees. He picked Powell. He’s filling the rest of the open seats.
The rest of the world can go into recession and it will not hurt the US economy substantially. The “world” is connected to us but we are not connected to them. We run an $850/yr trade deficit with them( the world) so they need us but we don’t need them. Many, many times in the past the US economy had been humming along while the rest of the world tanked.
Read post 32
Trump’s choice for chairman was legally limited to those currently on the board.
Swamp is swampy.
“Abolish the Fed.”
If we tried that the bodies would be piled up worse than any case of Arkancide you’ve ever seen.
Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
Trump is from the private sector where your “word is your bond.” You don’t last long if you lie, cheat or steal. My guess many of these Deep State goons lied to get appointed and pretended they were on his side, while all the time they were seeking to undermine him. This is SOP in politics. I have seen it happen to my friends in politics who were stabbed in the back by some of their “trusted appointees.”
Powell is worth 112 million and was an Obama appointee and an Ivy League elitest. My guess is that he gave Trump lip service like David Souter gave GHWB. When you discover their treachery as an appointee, fire them! Let the chips fall where they may.
Ben Bernanke was appointed to the board and chairman at the same time in 2006. Or I should say reappointed since he'd been on the Fed board from 2002 to 2005 and resigned to become head of Bush's Council of Economic Advisers. Alan Greenspan was appointed directly to the Fed chairmanship by Reagan. Paul Volker was appointed Fed Chair from his position as President of the New York Fed. Trump could have appointed anyone he wanted to, on the board or off.
He’s exactly right. No rate hikes at all during the Obama years, and now we get one every quarter. This is a political effort to destroy Trump by the Federal Reserve, which is owned and controlled by ...(secret)
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