US US Politics General - Discussion of President Biden and other politicians

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Finally, this was very interesting!!!

President Biden chimed in on Fed policy...

“Well, I do stand by my prediction that, before the year is out, there’ll be a rate cut,” Biden said Wednesday at a White House press conference alongside Japanese Prime Minister Fumio Kishida, adding that today's CPI report could delay a rate cut by at least a month...
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So much for 'Fed independence' that Powell was spouting on about in his speech last week.

The Fed has been assigned two goals for monetary policy - maximum employment and stable prices.
Our success in delivering on these goals matters a great deal to all Americans. To support our pursuit of those goals, Congress granted the Fed a substantial degree of independence in our conduct of monetary policy. Fed policymakers serve long terms that are not synchronized with election cycles.
Our decisions are not subject to reversal by other parts of the government, other than through legislation.
This independence both enables and requires us to make our monetary policy decisions without consideration of short-term political matters.
Such independence for a federal agency is and should be rare. In the case of the Fed, independence is essential to our ability to serve the public.
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Just a reminder...


(1) TeneX Trades on X zerohedge Interesting httpst.codSq89Qd2JM X.png


https://twitter.com/TeneXTrades/status/1778118594972336131

And finally...

“One of Chair Powell’s responsibilities is to protect the public standing of the Fed,” said Vincent Reinhart, chief economist at Dreyfus and Mellon.
“The closer the FOMC acts to the election, the more likely it is that the public will question the Fed’s intent.”
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Orange Man in Atlanta, making a stop at Chik Fil A, ya hurrrr? Look at that rizz, all those cashiers want to trap Barron with a baby.

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He also said the obvious about the AZ abortion ruling, typical Meatball eaters are saying this is the worst thing he's ever done, purity spiral into having no power ever, faggots.
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Hitlary has a musical out there, @The Last Stand. So diverse!

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mandatorylurk said:
Orange Man in Atlanta, making a stop at Chik Fil A, ya hurrrr? Look at that rizz, all those cashiers want to trap Barron with a baby.

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He also said the obvious about the AZ abortion ruling, typical Meatball eaters are saying this is the worst thing he's ever done, purity spiral into having no power ever, faggots.
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Hitlary has a musical out there, @The Last Stand. So diverse!

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I like how only women have to sing about doing their job as if it's a brag or something
 
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mandatorylurk said:
He also said the obvious about the AZ abortion ruling, typical Meatball eaters are saying this is the worst thing he's ever done, purity spiral into having no power ever, faggots.
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Trump has done well to blunt the abortion issue over the last couple days, I still think Arizona is very much in play.
Now Lake might be fucked in the Senate, it already was looking poor before this development.
 
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NyQuilninja said:
I like how only women have to sing about doing their job as if it's a brag or something
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When you spend your entire life being told that just breathing is a noble accomplishment that people cheer you on for, that you deserve a trophy just for existing, that you literally can do no wrong and it's only society and biology and reality itself keeping you down, then yeah, I'm sure at some point you'd come to think "doing what you're supposed to as a functional adult" is worthy of literlaly a disney musical number about how awesome you are.

Females. Life on easy mode, except for that massive int and wis debuff.

XYZpdq Jr. said:
https://justthenews.com/government/congress/house-blocks-fisa-reauthorization-bill
to the shock of the nation, some GOPs did something for freedom
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Some.

"I look forward to talking with him about it. Here's the thing about FISA, he's not wrong, of course, they abused FISA," Johnson said, referring to the launch of the Russia collusion probe. "These reforms would actually kill the abuses that allowed President Trump's campaign to be spied on."
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"Yes it was abused and yes they'll continue to do so, but we papered over the really sharp edges so we should totally give the unelected government slimeballs back the knife they keep using to stab us in the kidneys." - Cuck Johnson
 
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tehpope said:
shot:

chaser:
today's CRI numbers.

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Like many keynsian faggatitos, Yellen associates inflation with wage growth instead of scarcity. Inflation is going up because wages are up. They want inflation to go down, so their solution is to force wages down. One of the easiest ways to do that is with an open border.

Drop another quarter in the "I'm sorry, Ron Paul" jar.
he delivered over 6 million babies
 
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HTTP Error 404 said:
Some.


"Yes it was abused and yes they'll continue to do so, but we papered over the really sharp edges so we should totally give the unelected government slimeballs back the knife they keep using to stab us in the kidneys." - Cuck Johnson
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I made sure I didn't say "the"
 
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ForTheHoard said:
Like many keynsian faggatitos, Yellen associates inflation with wage growth instead of scarcity. Inflation is going up because wages are up. They want inflation to go down, so their solution is to force wages down. One of the easiest ways to do that is with an open border.

Drop another quarter in the "I'm sorry, Ron Paul" jar.
he delivered over 6 million babies
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BREAKING, INSIDE THE FEDERAL RESERVE: Hidden Camera captures Principal Economist @federalreserve talking about Jerome Powell’s legacy as “somebody who held the line against like, Trump.”

The influential agency responsible for maintaining a stable monetary system appears to not just be establishing interest rates, but to be setting policies for desired social outcomes. “Under Powell, the Fed has changed to think about equity issues, like racial issues, think about wealth inequality as part of the mandate, as part of the things we are following. Think about climate change.”

Aurel Hizmo, Principal Economist at the Federal Reserve, who prior to working at the Fed was an Assistant Professor @NYUStern and received his PhD in Economics from @DukeU, helps write speeches for Federal Reserve Board Chair Jerome Powell for the Federal Open Market Committee.

Hizmo says “Trump is just a crazy person” and conservatives are “dumb” as he describes to OMG’s American Swiper Citizen Journalist a politicized Federal Reserve Board where Powell has promoted ESG issues like climate change and “wants to be remembered in history” “as a savior.” But shhh…don’t tell anyone because Hizmo says: “I’m just really worried that I’m saying stuff that’s classified…It’s all classified.” @RonPaul @RandPaul
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Speaking of the Fed.
 
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