For the millionth time, ppwell is NOT getting fired or replaced. His term is up in May, once again everything about powell getting fired and replaced is just dribble out of his mouth. I will repeat once again instead of yapping about it do it....
Still not going to happen. By then powell will have started cutting rates and thats all trump wants from him. By may according to all the rate cut cheerleaders out there the fed funds rate should be below 3.5%
This is a weather balloon. See if the SC gives the green light, then fire Powell for going over budget with the Fed's building. The crash is going to beat GFC and Covid. The million dollar question is *when* ***exactly***. Best trading to all.
The liberals are absolutely hilarious. Trump tells a common little white lie on a financial application and they celebrate their brethren convicting him of 34 felonies. A black woman tells a little white lie on a financial application and they scream racism when she loses her job for it. You don't like Trump being President again? It's your own fault. But you still haven't learned.
Difference is she didn’t commit any crime. Trump did. This is all made up. Which is why there’s no real analysis on what she actually did. No one is citing an actual law or showing her actual mortgage application. Trump makes up these claims to make it look like he’s moral but really this is about taking over the government. we’ve seen this playbook before. What will you tell your kids when they ask you what the Constitution was?
The accusations is twofold: 1) she claimed two houses as her primary residence at the same time (a little white lie, not exemplary conduct, but come on...), this one is true. 2) she placed an ad trying to rent an apartment, but later did not declare rent income (so far true, facts); it has not been either proved or disproved that she actually rented it or *collected* any rent money (this one, not paying her taxes, if true, would be serious enough to demand her dismissal, imho). If she gets fired for 1), ok. If she gets fired for 2), ok. Now apply the same standard to all, including Trump, the VP, every member of the Cabinet, Congress, the Supreme Court, etc.
No one is sure what happend with #1. Apparently, there is precedence that this is okay (confusion in filing the mortgage, intent to live there truly was there, etc). What i read on Foxnews this morning doesn't even mention #2 Obviously we don't apply the standard to all. Republicans and Whites get a pass on breaking the laws. Blacks can if they are part of the Supreme Court and Republican.
While I agree with most your points, her resume and qualifications for a Fed post are at best mediocre. Does not matter anymore but she was imo absolutely a DEI hire.