[Cause]

Trump is going to try dig his way out by painting the Fed chair as the enemy. Predictable.

Whats scary is he may be able to force him out and if the fed fails its duty as well the economic chaos will only get worse.

[Azath Vitr (D'ivers]

Lady Bliss, on 15 April 2025 - 01:28 PM, said:

We're scared.

Quote

Sen[ator] Lisa Murkowski (R[epublican]-Alaska) opened up about her concerns [...] "We are all afraid."

"It's quite a statement. But we are in a time and a place where I certainly have not been here before."

https://www.yahoo.co...-165942457.html

Cause, on 17 April 2025 - 02:11 PM, said:

Trump is going to try dig his way out by painting the Fed chair as the enemy. Predictable.

Whats scary is he may be able to force him out and if the fed fails its duty as well the economic chaos will only get worse.

Quote

"It would be a 'lunatics in charge of the asylum' moment," said Justin Wolfers, an economics professor at the University of Michigan, who predicted a shock to the system as big or even bigger than its reaction to Trump's massive new tariffs.

[...] "The Fed's credibility is the foundation of international faith in the dollar," said Douglas Holtz-Eakin, a conservative economist and former head of the Congressional Budget Office. "An attempt to fire Powell would make the financial market fallout of 'Liberation Day' looks like child's play."

https://www.huffpost...4b027910a15fd45

Let Free-Dumb CA-OS ring! (And gold...)

According to a recent survey most investment managers now expect gold to be the top-performing asset for the next year. Of course it would have been better to get in on that earlier, and as the saying goes (in investing), "when everyone thinks alike, everyone is likely to be wrong."

Quote

Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked about it with former Fed Governor Kevin Warsh, including the possibility of then selecting Warsh as Powell's replacement [...] Warsh has advised against trying to fire Powell, arguing that Trump should let the Fed chair complete his term without interference [...]Trump has not made a final decision about whether to try to fire Powell before his term ends, a matter that would likely be challenged all the way to the Supreme Court.

https://finance.yaho...-190734751.html

... and Powell would be expected to remain in office while the case is being litigated.

Or Trump could just have masked agents kidnap him at any time, take him out to the international waters in a helicopter, drop him, and say it was international relations.

Quote

Treasury Secretary Scott Bessent has repeatedly cautioned White House officials that any attempt to fire Federal Reserve Chair Jerome Powell would risk destabilizing financial markets [...] "I don't think he'll do it but frankly this is a grenade with the pin pulled," said one person familiar with the situation, who was granted anonymity to speak candidly, [...] "so there are no guarantees."

[...] Under federal law, [...] the president can remove them only "for cause" — a term generally understood to mean misconduct or malfeasance. That restriction is meant to shield the body from political interference. But the Trump administration is currently challenging the constitutionality of similar limits on the president's authority to fire the heads of other independent agencies.

https://www.huffpost...4b027910a15fd45

This post has been edited by Azath Vitr (D'ivers: Yesterday, 08:29 PM

[Lady Bliss]

Now I could be wrong here, but it’s my understanding that the treasury works for the government but the Fed actually doesn’t. I know in the workplace and the governors this is the case from my experience. I don’t think Trump can actually fire the fed chair.

[Tiste Simeon]

 Lady Bliss, on 17 April 2025 - 08:51 PM, said:

Now I could be wrong here, but it’s my understanding that the treasury works for the government but the Fed actually doesn’t. I know in the workplace and the governors this is the case from my experience. I don’t think Trump can actually fire the fed chair.

I'm not sure that matters anymore.

[Lady Bliss]

Well I looked up and unlike the board of governors the chair is nominated by the president and confirmed by the senate for a 14 year term

[Tsundoku]

14 years? That's a weird number for a job contract. Where does that come from?

[Lady Bliss]

Who knows? The U.S. government is odd with terms like giving life long terms to the Supreme Court.

[Whisperzzzzzzz]

 QuickTidal, on 17 April 2025 - 01:49 PM, said:

Yeah, there's another image nearby where trucks that have been parked at the prison are also parked at and it's a massive field that looks like ashes and detritus. A burn field?

Can you share this one? I'd seen the other image, which is from 2024 (prior to any US "shipments", so if it is bodies, it shows that the El Salvadorans have turned their purge into their own Holocaust), but not the one you describe.

Also, at least Kilmar has been shown alive and meeting with Van Hollen. I wonder how much they had to drug and threaten him to get him to toe the line.

This post has been edited by Whisperzzzzzzz: Today, 04:26 PM

[HoosierDaddy]

The sheer onslaught of negative things is just overwhelming.

I told my wife last night, who has owned a 22 pistol for as long as she's owned our home for self protection, that it's probably time I learn how to safely use that thing and she needs to take me to a range.

Not because I've become convinced its a needed thing for home safety, either.

I'm so vehemently anti-gun and yet.... I feel the need to learn how to use one has become more important than my desire and rationale for staying "pure" in my hatred for individual gun-ownership, especially pistols.

What a fucking shit-show this country is becoming.

I'm too old for this shit.