Fed Governor Waller says central bank could cut rates as early as July

[EndlessWire]

1. The optics are very bad here.

Trump wants to control the banking system (despite his frighteningly obvious lack of expertise), and when Jerome Powell did not cave in to his bullying, he's now calling Powell names, declaring him incompetent, and harassing him to resign. This is trump's standard MO, something you'd have to be blind to not see coming.

But who is this asshole who is speaking out hinting that the Federal Reserve Board, an independent governing body by design, will do what Trump demands? Trump either thinks it will somehow save the country from the upcoming, soon-to-visit-your-neighborhood recession, which HE has caused by his own "doing a bad job" performance, or he is getting himself an economic deal for him and his buddies. In any event, it is distressing to hear a member of the Board speaking out about cutting rates over the judgment of Jerome Powell. You may disagree with Powell, but you don't undercut him in order to appease Trump. Trump will just smell blood in the water.

Trump is busy destroying our country, turning it into a broken, fascist-ridden morass of lies and bullying that is what trump does best. He wanted to nominate himelf as head of the Federal Reserve. Well, it worked for the Kennedy Center, why not go for the Central Bank? We can all then work for the Trump Crime Family, and truly be peasants together.

Just wait, a characteristic of immature assholes is not being able to delay gratification. Look for the Executive Order that Jerome Powell is fired, and Trump is now the head of the Federal Reserve Board.

Bury your money in an old mason jar. It'll be good until trump changes the money system to bitcoin, or whatever HIS money is called. That's coming, too.