I remember the sort of, hostage video he put out earlier this year. No one really seemed to care. A few years ago, everyone claimed the fed was untouchable. The slow and steady of march of criticism, insults, allegations of political bias, then allegations about the building, allegations against other board members, and now holding the thread of personal criminal indictments against board members. Not much was done at each line was crossed. Not clear if there is any limit at least until something actually breaks and snaps people to attention.
Relative to other stuff happening, I agree: no one seemed to care. But I'll push back on the idea that no one cares. The issue is that we're being attacked from so many directions, and there's literally not enough time in the day to make enough noise about all the things we should care about.
FTA:
> Powell said in a speech on Sunday night that the institution was in the midst of a “stress test”.
The Fed is in the midst of a stress test? Our whole democracy is in the midst of a stress test! And the Fed is much more insulated/protected than other areas of our democracy and has at least the appearance of less of an impact on people's day-to-day lives.
Compared to an illegal and idiotic war in Iran? I'm not going to appear to care about Trump's attacks on Fed independence.
Compared to ICE terrorizing our communities and kidnapping and murdering with apparent impunity? I'm not going to appear to care about Trump's attacks on Fed independence.
Compared to DOGE gutting so many important (in both day-to-day as well as long term effects) of our institutions and throwing our public servants under the bus? I'm not going to appear to care about Trump's attacks on Fed independence.
Epstein? Women's rights? LGBT rights? Voting rights? This list could be an order of magnitude longer. There are so many avenues in which our democracy and short-term and long-term well-being are under attack, and many of those avenues are much less protected from autocratic/fascist attacks than the Fed.
Is this important? Yes, 100% it's important. Is it the most important? It probably doesn't make the top 10 for me. If it's the most important for you, bring your sign and I'll see you at the protest. If it's the most important for you, reach out to your rep to encourage them to start/continue fighting. If it's the most important for you, vote and rally those around you to vote.
> The issue is that we're being attacked from so many directions, and there's literally not enough time in the day to make enough noise about all the things we should care about
> impose this overwhelming level of Shock and Awe against an adversary on an immediate or sufficiently timely basis to paralyze its will to carry on ... [to] seize control of the environment and paralyze or so overload an adversary's perceptions and understanding of events that the enemy would be incapable of resistance at the tactical and strategic levels
Illustrious-Lime-878 | 15 days ago
I remember the sort of, hostage video he put out earlier this year. No one really seemed to care. A few years ago, everyone claimed the fed was untouchable. The slow and steady of march of criticism, insults, allegations of political bias, then allegations about the building, allegations against other board members, and now holding the thread of personal criminal indictments against board members. Not much was done at each line was crossed. Not clear if there is any limit at least until something actually breaks and snaps people to attention.
WindexChugger | 15 days ago
Relative to other stuff happening, I agree: no one seemed to care. But I'll push back on the idea that no one cares. The issue is that we're being attacked from so many directions, and there's literally not enough time in the day to make enough noise about all the things we should care about.
FTA:
> Powell said in a speech on Sunday night that the institution was in the midst of a “stress test”.
The Fed is in the midst of a stress test? Our whole democracy is in the midst of a stress test! And the Fed is much more insulated/protected than other areas of our democracy and has at least the appearance of less of an impact on people's day-to-day lives.
Compared to an illegal and idiotic war in Iran? I'm not going to appear to care about Trump's attacks on Fed independence.
Compared to ICE terrorizing our communities and kidnapping and murdering with apparent impunity? I'm not going to appear to care about Trump's attacks on Fed independence.
Compared to DOGE gutting so many important (in both day-to-day as well as long term effects) of our institutions and throwing our public servants under the bus? I'm not going to appear to care about Trump's attacks on Fed independence.
Epstein? Women's rights? LGBT rights? Voting rights? This list could be an order of magnitude longer. There are so many avenues in which our democracy and short-term and long-term well-being are under attack, and many of those avenues are much less protected from autocratic/fascist attacks than the Fed.
Is this important? Yes, 100% it's important. Is it the most important? It probably doesn't make the top 10 for me. If it's the most important for you, bring your sign and I'll see you at the protest. If it's the most important for you, reach out to your rep to encourage them to start/continue fighting. If it's the most important for you, vote and rally those around you to vote.
dust4ngel | 15 days ago
> The issue is that we're being attacked from so many directions, and there's literally not enough time in the day to make enough noise about all the things we should care about
shock and awe aka doctrine of rapid dominance:
> impose this overwhelming level of Shock and Awe against an adversary on an immediate or sufficiently timely basis to paralyze its will to carry on ... [to] seize control of the environment and paralyze or so overload an adversary's perceptions and understanding of events that the enemy would be incapable of resistance at the tactical and strategic levels