Opinion First Thing: Trump says he is firing Fed governor Lisa Cook in escalating attack on bank’s independence

[Rod1]

This is just another story you will run away from when it doesn't go your way.

Ill tell you what will happen

SCOTUS will make a BS ruling where Trump is allowed to fire her in order to get a political victory BUT the SCOTUS will establish a rule that only the SCOTUS can decide who the president can fire.

Federal Reserve is too important for them to give Trump a free pass on it

 

[Rod1]

Daddy Trump can't do no wrong, bro!

I used to joke that Trump could establish a communist State and its followers would cheer.

Im not joking anymore, all fucking socialists first step is to take control of the creation of money because its the easiest way to expropiate assets via inflation.

 

[Limbo Pete]

Ill tell you what will happen

SCOTUS will make a BS ruling where Trump is allowed to fire her in order to get a political victory BUT the SCOTUS will establish a rule that only the SCOTUS can decide who the president can fire.

Federal Reserve is too important for them to give Trump a free pass on it

And the power concentration continues

 

[Confucamus]

Because the law establishes so.

Do you guys really look up to Turkey or Argentina or just simply love Trump so much that will go along with any retarded stuff that crosses his mind?

So you don't actually have an answer, as I figured. Absolutely useless.

 

[Rod1]

So you don't actually have an answer, as I figured. Absolutely useless.

Its not useless there is a reason why even third world shitholes have independent central banks, central bank independence is like what separates a failed state from a non failed one.

 

[Unknown Pleasures]

What a painfully shameless thread.

My two cents: it seems the most ignorant and spineless people really love to post low value crap from twitter.

Also amusing that people that feel the need to call Cook a DEI Hire don't feel the need to call Trump a White Privilege President.

I mean, we all know a black man or other minority of Trump's intellect and criminality would never have a chance of occupying the White House once, let alone twice.

 

[Limbo Pete]

What a painfully shameless thread.

My two cents: it seems the most ignorant and spineless people really love to post low value crap from twitter.

Also amusing that people that feel the need to call Cook a DEI Hire don't feel the need to call Trump a White Privilege President.

I mean, we all know a black man or other minority of Trump's intellect and criminality would never have a chance of occupying the White House once, let alone twice.

Trump's entire administration is filled with bumbling incompetent morons with little to no experience regarding the super important job they've been given. But reactionary folk love them a good double standard.

 

[MacGregor]

 

[cottagecheesefan]

cottage cheese for brains becoming an AI bot, how mind numbingly predictable.

AI answer or not, she is still committing fraud

 

[cincymma79]

If there are 1,000 houses and 2,000 people want to buy a house, there is no magical monetary, fiscal or anything policy that would make 2,000 people be "able to afford a house" until more house units have been built.

Be it either Dems giving away tax money or Reps going full socialists and printing money.

A house at 5% interest is the same price as 7 or 8. Got it

 

[cincymma79]

Ill tell you what will happen

SCOTUS will make a BS ruling where Trump is allowed to fire her in order to get a political victory BUT the SCOTUS will establish a rule that only the SCOTUS can decide who the president can fire.

Federal Reserve is too important for them to give Trump a free pass on it

Did she do this while at her job or 26 years ago and nobody cares until right now

 

[ermac88]

Nice when a DEI appointment commits mortgage fraud for herself while trying to keep interest rates too high for everyone else to buy a home.

"da dei"

Living up to his moniker as always, DUMBASS

 

[Islam Imamate]

AI answer or not, she is still committing fraud

You have no idea what you're taking about which is why you outsource your thinking to AI.

Zero evidence she had committed fraud here.

 

[cottagecheesefan]

You have no idea what you're taking about which is why you outsource your thinking to AI.

Zero evidence she had committed fraud here.

I only used AI in this thread because the lib poster said we should, which I did, and proved their point wrong

Zero evidence? Outside of the two mortgages for primary residences and a rental one listed as a secondary residence

You even tried to justify it as “well she lives in both areas, so makes sense both are primary”. But that is against the law…. Unless you disagree with that AI answer or can refute it.

Or was I misunderstanding your post here?

Further one was in Georgia, where she's from, and the other in Michigan, where she worked, so in all likelihood she got two mortgages for properties in her home state and in her place of work and as far as I know there's no evidence she rented either of these residences out.

 

[SandisLL]

Did she do this while at her job or 26 years ago and nobody cares until right now

I think if she will tell that y otp trailing rate should be reduced by 0.5 % today, then Witkopff and Trump will tell that she is beautiful.

 

[sickc0d3r]

There is evidence. It was presented to you. You're dismissing it because you lack the ability to think past your partisan mindset. Try to be more than just some anti-Republican minion and think for yourself. All mod a sudden you don't think someone did something wrong unless they've been charged and convicted? Interesting, since you don't show that restraint anywhere else. What does that say about you?

No, there’s an allegation of fraud from prior to her service in the fed that hasn’t even been investigated, let alone presented as actual evidence to anyone. Trump firing her “for cause” without any due process, specifically considering she’s a member of the fed, which has always been insulated from political whims, is the issue.

The one being partisan here is you. You’re ignoring the unprecedented nature of this firing, the very real questions of executive authority, what constitutes cause as it relates to the fed specifically, the lack of due process, the a-political nature of the fed, and the fact that the potus has been openly pressuring them to lower interest rates by threatening jobs, only because Trump, the felon, himself convicted of fraud, suddenly cares about how an unsubstantiated allegation of mortgage fraud might damage the nation’s confidence in our beloved institutions. Give me a break. If she’s guilty, prove it in court, or at least get enough evidence to charge her and then remove her. These continuous, blatant power grabs by the executive branch represent a consolidation of power that will never be relinquished, by Trump or any future president. This is concerning stuff to anyone who’s not wearing partisan blinders.

 

[SandisLL]

opt trailing rate is interest % FRS are asking for loans isued by FRS from commercial banks borrowing money from..yeah.
It is 12 month base key interest rate commercial banks are paying for loans from FRS as minimal possible stuff.

 

[Confucamus]

No, there’s an allegation of fraud from prior to her service in the fed that hasn’t even been investigated, let alone presented as actual evidence to anyone. Trump firing her “for cause” without any due process, specifically considering she’s a member of the fed, which has always been insulated from political whims, is the issue.

The one being partisan here is you. You’re ignoring the unprecedented nature of this firing, the very real questions of executive authority, what constitutes cause as it relates to the fed specifically, the lack of due process, the a-political nature of the fed, and the fact that the potus has been openly pressuring them to lower interest rates by threatening jobs, only because Trump, the felon, himself convicted of fraud, suddenly cares about how an unsubstantiated allegation of mortgage fraud might damage the nation’s confidence in our beloved institutions. Give me a break. If she’s guilty, prove it in court, or at least get enough evidence to charge her and then remove her. These continuous, blatant power grabs by the executive branch represent a consolidation of power that will never be relinquished, by Trump or any future president. This is concerning stuff to anyone who’s not wearing partisan blinders.

Interesting, considering the unprecedented way Trump was charged and convicted of those 34 "felonies" as a form of political retribution and with the goal of stopping him from running for President. You didn't have a problem with that at all, you just believed whatever you were told to believe. Call this a power grab all you want, nobody forced her to commit mortgage fraud. You guys just loved spouting that "no one is above the law" line, until it started applying to people you like. Also funny that you don't worry about how Cook committing mortgage fraud is damaging the nation's confidence in our beloved institutions. But her being held accountable is? Talk about partisan blinders...

 

[Darkballs]

Interesting, considering the unprecedented way Trump was charged and convicted of those 34 "felonies" as a form of political retribution and with the goal of stopping him from running for President. You didn't have a problem with that at all, you just believed whatever you were told to believe. Call this a power grab all you want, nobody forced her to commit mortgage fraud. You guys just loved spouting that "no one is above the law" line, until it started applying to people you like. Also funny that you don't worry about how Cook committing mortgage fraud is damaging the nation's confidence in our beloved institutions. But her being held accountable is? Talk about partisan blinders...

No idiot.

People have been very clear that your whataboutism isn't the point. Trump was guilty of his felonies. He was the fucking president, so his very clumsy fraud was out in the open. The NYTimes already had his taxes and could show him undervaluing assets. What you had were state officials left with the option of: Do we treat everyone equally under the law and charge this guy, or do we let him walk because he's the president? You screamed for the later, but never made, and still haven't made, any attempt to defend his actual crimes. Crimes, lets remember, that were so dumb and blatant, you had trump literally just trippling the size of one of his properties who's dimensions were in the public record. You've never made a case that trump didn't do these things. You just cried that he was charged.

Now if you want to say that this demands revenge against all others, go nuts. But be honest about it. This isn't about mortgage fraud. It's about firing a member of the fed so you can keep leaning on them to lower interest rates to juice the economy you've already fucked. Everyone knows it. So drop the act that this is either about some noble form of revenge, when the whataboutism doesn't even track. Nor is about your sudden appeal to no mercy under the law, when, everyone can see, that you've been actively celebrating a convicted pdfile getting her sentenced in another thread for the past two weeks.

Christ. What dipshit decided to appoint a straight up liar as a mod?

 

[Rod1]

A house at 5% interest is the same price as 7 or 8. Got it

"Lets print 1 million dollars per citizen, so every citizen can afford a 1 million dollar house"

Boy you are beyond retarded here


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