Trump removes Fed Governor Lisa Cook

[Anonymous]

Anonymous wrote:Why is Trump doing everything possible to cause even more inflation?

Because he was lying for years saying he would get costs down and he doesn’t know how anything works.

[Anonymous]

Anonymous wrote:I don’t think Powell will bend on this one. She will be back at her office at the Fed Board tomorrow.

This goes to the Supreme Court.

+1

[Anonymous]

Dumpus is Stephen Miller and Russell Vought. Dumpy is not calling the shots -- he's reacting to them. He didn't fire Cook -- Vought told him to fire Cook, and then he fired Cook.
Watch Trump on TV if you don't believe me. Watch his presser on last Friday. He cannot string a coherent thought together. He lies incessantly because he knows nothing and can't remember anything, so he just makes up stuff that he thinks will flatter himself.
Vought and Miller are pulling all the strings, and they are a pair of psychopaths. It gets darker every day.

[Anonymous]

[Anonymous]

Anonymous wrote:Why is Trump doing everything possible to cause even more inflation?

Because he was installed to destroy us.

[Anonymous]

Anonymous wrote:Lisa should have been gone a long time ago.

Like you knew who saw was yesterday

[Anonymous]

Anonymous wrote:

Anonymous wrote:Between this and militarizing the country..plus tariffs and AI... yikes!!

I really did not think it could be so bad given that we actually made it through first term. I also didn't think fundamentally our system was so weak any one person like T could impact so heavily at least in such a short amount if time! It's pretty shocking and makes me believe that this country was due for a radical change. The worst is still to come unfortunately - it'll be quite a change until we see stability again.

Epstein files. As awful as this is, and with the awfulnesses expanding exponentially, we still need to ensure that we don’t completely lose our focus on the Epstein files.


As to the rest, it’s not really just “one person”. It’s one person plus the Heritage foundation and a good chunk of the Supreme Court, and most Republican politicians— who have been working very hard for several decades to get Trump and this country where we are now. Trump just got lucky — at a point when millions of people found his deficiencies to be genuinely charismatic. Right now, too, it’s possible that MAGA doesn’t even value stability. The point might be simply to break things.

We are way beyond MAGA caring about the Epstein files. They’ve all gone quiet. Trump could shoot someone on fifth Avenue and he can rape teenagers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between this and militarizing the country..plus tariffs and AI... yikes!!

I really did not think it could be so bad given that we actually made it through first term. I also didn't think fundamentally our system was so weak any one person like T could impact so heavily at least in such a short amount if time! It's pretty shocking and makes me believe that this country was due for a radical change. The worst is still to come unfortunately - it'll be quite a change until we see stability again.

Epstein files. As awful as this is, and with the awfulnesses expanding exponentially, we still need to ensure that we don’t completely lose our focus on the Epstein files.


As to the rest, it’s not really just “one person”. It’s one person plus the Heritage foundation and a good chunk of the Supreme Court, and most Republican politicians— who have been working very hard for several decades to get Trump and this country where we are now. Trump just got lucky — at a point when millions of people found his deficiencies to be genuinely charismatic. Right now, too, it’s possible that MAGA doesn’t even value stability. The point might be simply to break things.

We are way beyond MAGA caring about the Epstein files. They’ve all gone quiet. Trump could shoot someone on fifth Avenue and he can rape teenagers.

But there’s a chance that he’s done — and been filmed doing — something even worse than his supporters can imagine.
I think there are some Trump voters that need a reason to quit him — that won’t make them feel inadequate for having voted for him in the first place. Epstein files. They could well be one of the critical elements in his eventual destruction.

[Anonymous]

Trump is hellbent on destroying our economy. The man cannot die soon enough.

[Anonymous]

# Paul Krugman, Nobel Prize winning economist
Yesterday Donald Trump said that he had fired Lisa Cook, a member of the Federal Reserve Board of Governors. My wording is advisable: He “said” that he had fired her. I’m not a lawyer, but it seems clear that he does not have the right to summarily fire Fed officials, certainly on tissue-thin allegations of mortgage fraud before she even went to the Fed.

Cook has said that she will not resign. So at this point the immediate onus is on Jerome Powell, the Fed chairman. He has the right — I would say the obligation — to say, “Show me the legal basis for this action.” If Trump’s officials can’t provide that basis, he should declare that as far as he is concerned, Cook is still a Fed governor.

If Powell caves, or the Supreme Court acts supine again and validates Trump’s illegal declaration, the implications will be profound and disastrous. The United States will be well on its way to becoming Turkey, where an authoritarian ruler imposed his crackpot economics on the central bank, sending inflation soaring to 80 percent:

[Anonymous]

Anonymous wrote:I don’t think Powell will bend on this one. She will be back at her office at the Fed Board tomorrow.

This goes to the Supreme Court.

As if they GAF. The majority are in his pocket. Puppets on short strings.

[Anonymous]

Anonymous wrote:Lisa should have been gone a long time ago.

Why?

[Anonymous]

He is firing a lot of black people. He's racist.

[Anonymous]

If she actually engaged in mortgage fraud she should be removed for cause. They cannot release the fraudulent documents because of banking privacy act. She is not denying she lied.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between this and militarizing the country..plus tariffs and AI... yikes!!

I really did not think it could be so bad given that we actually made it through first term. I also didn't think fundamentally our system was so weak any one person like T could impact so heavily at least in such a short amount if time! It's pretty shocking and makes me believe that this country was due for a radical change. The worst is still to come unfortunately - it'll be quite a change until we see stability again.

Epstein files. As awful as this is, and with the awfulnesses expanding exponentially, we still need to ensure that we don’t completely lose our focus on the Epstein files.


As to the rest, it’s not really just “one person”. It’s one person plus the Heritage foundation and a good chunk of the Supreme Court, and most Republican politicians— who have been working very hard for several decades to get Trump and this country where we are now. Trump just got lucky — at a point when millions of people found his deficiencies to be genuinely charismatic. Right now, too, it’s possible that MAGA doesn’t even value stability. The point might be simply to break things.

We are way beyond MAGA caring about the Epstein files. They’ve all gone quiet. Trump could shoot someone on fifth Avenue and he can rape teenagers.

But there’s a chance that he’s done — and been filmed doing — something even worse than his supporters can imagine.
I think there are some Trump voters that need a reason to quit him — that won’t make them feel inadequate for having voted for him in the first place. Epstein files. They could well be one of the critical elements in his eventual destruction.

His supporters don’t matter to him. I think he’d lose support from enough of the Republican Congress and enough of the conservative justices from whatever is in the Epstein files. Those are the only two groups that could end this. Those are the people they are worried about if the evidence was released.

Agree with prior poster. This is all Miller and Vought. Neither of them would ever be elected to anything in their own, but they have seized control.