Winfree’s contribution to the “Project 2025” policy book set out potential reforms that go beyond Warsh’s calls for “regime change” at the Fed.
Winfree worked on the Domestic Policy Council in the first Trump administration and more recently founded the Economic Policy Innovation Center, a pro-Trump think tank.
His chapter in “Project 2025” canvassed a range of conservative ideas to reform the Fed, some of which go beyond what Warsh has discussed. Among the ideas Winfree considered were to end the Fed’s so-called dual mandate, its directive from Congress to set interest rates with respect to maximizing employment and stabilizing prices. The Fed should instead focus on “protecting the dollar and restraining inflation,” Winfree wrote.
It sounds to me as if Congress would have to be heavily involved in any big structural changes. That gives me a slight bit of hope. Ain't gonna happen between now and election day. Won't be possible if the Democrats control even one house of Congress after January.
Yeah, I mean US systems are far from having completely collapsed. Although, every year that corrupt Republicans have control over the presidency and/or congress things deteriorate.
Watch out for "Conservative" Democrats.... That is how you avoid that. "Conservative" is actually code word for "zionist evangelical" anymore and not for classical Conservatism as understood by the mainstream media. The Republican and Democrat "Conservatives" have consistantly pushed the Isreal First agenda while working together my entire life even though they claim otherwise. It is just now getting to be nationally destructive...
Is there some kind of additional dog-whistling going on when people spell it "Isreal"? Or is it just illiteracy? I'm pretty on board with what you're getting at otherwise but consistently misspelling the country you're complaining about just raises eyebrows.
Being that one democratic senator that always gets in the way of a potential win must make whatever Senator that plays the role a highly sought after lobbyist.
It probably makes you friendly to Republicans and Democrats that's need a connected lobbyist.
Unless they just do this to preserve the status quo. I imagine there might be some reward for the effort.
The fact that you still forgive them while everything crumbles is why I wish you were in a different party than me. I wish you many more toxic establishment candidates and strongly worded letters before it all implodes.
I don’t forgive “them” because there is no “them”. It’s the hallmark the thinking of a stupid person to reduce topics like this to “they” and “them”. You sound like every conspiracy theorist ever. Rambling.
My point was that legislation would be required to change the core mission of the Fed. Bills proposed in both houses, debated, amended, voted on, reconciled between the houses, voted on again, then sent for presidential signature. I have a hard time believing that there are enough Republicans to achieve this, despite their control of both houses.
We have clearly been living in different countries for the last 6 months. I am happy that your country has checks and balances, mine did too last year. I didn't say anything about republicans, I said CONGRESS doesn't care. I hope they prove me wrong
Attempting to make my point for the fifth or sixth time: the Fed is not like other federal agencies. The chairman can't just wave a wand and change the core functions of the organization. He can't even change interest rates by himself.
Congress (that is, the Republican Party) will have no choice but to pay attention if this nut job tries to make big changes in the short term. The entire banking industry will be flashing red, for example. You better believe that every member of Congress will pay attention if local/regional bank presidents from their states start calling.
If the GOP was troubled enough by the $1.776B slush fund to say no, then they will definitely respond to an attempted restructuring of the central banking system and a potential economic collapse.
I don't support any action of the current administration. Not a one. But I think there are limits, even for the supine 119th Congress.
I wouldn’t take much solace in that line of thought. Congress has shown to be fully subservient to the whims of the executive, such as passing funding bills expressly rejecting agency re-orgs or explicitly pushing for legislative priorities, only for said executive agencies to go against those policy wishes.
This Congress has shown everyone that unless there’s action from lawmakers, text in a bill is just that, text in a bill, and text by itself carries no weight in reality.
That’s a weird one because it’s debatably legally sound (tho the amount is an amount that is unprecedented) but it’s politically unpopular.
That’s different that Congress saying “We authorize you to spend money for XYZ, not ABC” where the executive responds with “I’m gonna do ABC anyway” and then Congress responds with cricket noises.
It is not legally sound, in the slightest! Why represent it that way?
Shitler sued the IRS. During his first term, someone who worked for the IRS (directly or indirectly) released a few breadcrumbs about how little Shitler paid in taxes.
So, recently, Shitler sued the federal government/IRS. His former personal attorney, who conveniently now serves as Acting AG, decided to "settle" the case. Statements were made to a federal judge. Said statements may or may not have constituted fraud as the judge wasn't involved in the "settlement." It was all according to assertions made by the Acting AG.
A group of retired federal judges submitted a complaint to the judge, claiming that Shitler and the Acting AG committed fraud. The judge responded by opening an investigation into said claims.
I know what shitler did. I’m not talking about his fund specifically. His $1.776B fund is drawn from the congressionally created “Treasury Judgement Fund.” That fund is based fully in reality, and has been continuously used since the 1950s.
“The U.S. Treasury Judgment Fund is a permanent, indefinite appropriation created by Congress to pay court judgments, administrative claim awards, and compromise settlements against the federal government.” The fund is just govt weaponized against itself. I’m a firm believer that a man can’t be his own judge but I’m not sure where in the constitution it says Trump can’t do that. I’m a similar vein, it’s currently an open question if the president can pardon himself.
Uh. Neither Trump nor his cronies care about law. Nor does SCOTUS.
We should all be more than a little concerned given how far into the ground they have already pushed everything. We can go from where we are now to depression in just a few shadow docket rulings.
I get your point. But the new chairman of the Fed has no authority to change the core functions of the Fed. Nor can he change interest rates, other than representing one vote on the FOMC. Regional Fed presidents have quite a bit of autonomy. And they are serious people.
Congress long ago ceded that power to the president via the War Powers Act. It was a Cold War reaction to the idea that WW3 would be over in a few minutes or hours, therefore the president should have the power to order our forces into action if necessary.
As a result, the president has free rein for the first 60 days of any armed conflict.
The midterms will be rigged and Dems won't play any role going forward. It's time to detach ourselves from this system and work locally to build communes.
i would bet every penny i own that americans will just stand there and film the whole thing and do absolutely nothing. the people that will fix this bullshit probably arent even born yet.
And red states are gerrymandered while blue states stand on principle. Meanwhile, voting machines have been compromised as have judges. They already stole 2024, idk why the midterm would be any different
No, my point is stop relying on the system to fix the system. We need to operate outside of it. Strike, live in communes, stop paying debt to banks, crash the economy, obstruct
Just saying "gotta vote them out" is the message from 10 years ago. We're well past that
The reason I'm willing to believe it, is that just about 100% of the other stuff the GOP accused the Democrats of doing, they were actually doing themselves or planned to do and have now done. Why would this one thing be any different?
The fault here is listening to what they say, whether about themselves or others. Instead just focus on what there is evidence of and reasonable conclusions based on the world before us.
We don't need to helplessly wonder about whether elections are being tampered with when we have statistically robust audits in enough places to more that sufficently prove the validity of their results. For example, look at Wisconsin where they regularly audit by hand counting entire randomly selected wards that sum to more than 10% of all ballots cast in the state and find nothing. For another, you can look at other cases like when Georgia hand counted every single vote for President and found nothing remotely close to exceeding expected tolerances.
If they simply do these things and they are not stopped then whether or not it is legal is purely academic. In practice it becomes the de facto government.
If they can functionally opt-out of representative democracy then there is no solution within the law or within governance.
> It sounds to me as if Congress would have to be heavily involved in any big structural changes.
What makes you think this? Congress has chosen to not function anymore out of deference to Trump. It hasn't been involved at all in all the other structural changes we have had, changes which it should have been involved with.
Trump has figured out that he can do anything he wants as long as 60 people in the Senate don't oppose him. A Democratic congress and Democratic sentate would not be able to pass any legislation saying to Trump, "no, don't do that, that is our job". The filibuster prevents the restraint of the president.
>He's responsible, personally, for 1/3 of the national debt.
So then, a conservative? This is what every conservative I have ever known has always done, its mind boggling people associate conservatives with financial responsibility. The only party to balance government spending in my lifetime was literally the Clinton administration.
How would that disqualify him from being a conservative? Because if that's part of your definition only 1 US president in the past few decades could qualify as conservative.
Conservatives don't get to "No True Scotsman" their way out of their support for Trump.
This is conservatism. Always has been, always will be. They pay lip service to their supposed "values," but in the end, they just line up behind whatever populist fascist they can find no matter how many of their supposed "values" it violates.
The essence of conservatism is a lack of principle in their supposed beliefs. They'll do and support whatever gains them power over their perceived enemies, that's it.
They have no guiding principles or values. This is why pointing out their hypocrisy does nothing. It's not hypocrisy for them because they never actually believed in anything besides "winning" or, more accurately, the "other side" losing.
> The Fed should instead focus on “protecting the dollar and restraining inflation,” Winfree wrote.
Then the Fed should mandate that a Republican can never be president again - bunch of dumbfucks.
>GOP Presidents Have Been the Worst Contributors to the Federal Debt
>In terms of total increase in "federal debt to GDP" under U.S. presidents in the post-World War II era, Republican presidents during their terms have contributed far more to the debt load of the nation than Democrats.
full article: https://archive.md/OSxg9#selection-547.0-547.67
>The unemployment rate has risen on average under Republican presidents, while it has fallen on average under Democratic presidents. Budget deficits relative to the size of the economy were lower on average for Democratic presidents.[1][2] Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.[3]
>Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents.
This one is nonsensical. The dollar's value doesn't need protecting.
You protect the dollar by restraining inflation. All I am hearing is some populist, nationalist idea that the USD deserves to have an inherent high valuation, which would put America in the same economic/financial trap as the UK.
In theory, I've always believed this would be a healthier way to handle employment. The problem is that it requires a functioning legislative branch that is able to enact fiscal policy to take up the function of maximizing employment, which we don't have.
Have you ever heard of the term "design by committee"? It frequently leads to "death by committee". Putting a couple of delegates in a room that represent all interested parties solely focused on an issue is far more efficient than trying to get the entire legislative body of congress aligned.
Everything Trump an co are doing is in some way meant to centralize their power to aid in profiteering. thats it.
Thats why every federal department was gutted without any approval or authorization. They all had some form of mandate to operate apolitically. Cant have that. It affects profits. Dept Education, SEC, FCC, FDA, all of it has to go because it was apolitical and obstructing their profits.
So we need to ask ourselves how does this affect that goal?
They will move to remove any restrictions imposed by congress that obstruct that balance of power. I don't, for a second, think they give af about inflation. They will make whatever policy choice they want that increases their own profit to the detriment of anyone else not them.
In allllll of modern history, whenever a political party or politically motivated government apparatus takes over control of the national currency, it results in economic disaster. Like every single fucking time. Because you know who you want making monetary policy? No, not economists, auditors, regulators, and experts. No, no, we want the people with a high school diploma who won their Indiana election by attacking gays and immigrants to be in control of interest rates and and monetary policy. We want to rely on guys like that to stand up and say "No, mister Fuhrer, I don't think your political agenda should supersede what the economic data says." riiiiiiight.
This is a big signal Warsh has no interesting in an independent Federal Reserve. He will not make data driven decisions in support of the Feds mandate.
„Protecting the dollar“ in this case means to protect people who control most of the dollars out there. Billionaires, the government and other entities.
Keeping inflation in check can basically be translated to „we need to make sure the plebs don’t get too angry while we screw them hard“
So they want volatile prices with no inflation? So instead of a $5 item someone might be paying $7 and another person might be paying $3 the next day? Or maybe surveilance pricing is more like it.
lol the section in project 2025 about the federal reserve explicitly calls for the fed to lose its independence and limit its scope of authority lmao. We are COOKED.
The banking section of Project 2025 is nightmare fuel. Free banking. Let banks create their own currencies and let the market decide money supply and interest rates.
Man. We have the most powerful currency in the history of humanity in the form of USD. And yet, there are idiots that want to run their own currencies. Probably just to do the same scams as the crypto rug pulls.
Future generations will look back at this time period as the US just self destructing for literally no reason except trying to make the rich, richer.
When project 2025 was made, it was way before thee 2024 elections. The thoughts that went into it were meant to work then. Just a few years later and implementing most of p2025 has has had terrible consequences but the playbook is written and so these fools will continue to use it.
Basing your own currencies on crypto which in turn could have no base at all seems a bit like basing shit on more shit. It will still smell of shit. A bit like derivatives of mortgage backed securities and we know what happened there.
The courts, supreme among them, seems inclined to not let P2025 mess with the US dollar. They've struck down Trump each time he's unlawfully messed with the Federal Reserve.
A cynic would say this is for self serving reasons, I'm sure. I'll ask my totally real cynic friend tomorrow.
Sometimes I wonder if Trump's policies (in this case, a pro-Trump writers policy ideas) are just made to simply appeal to every sphere of right wing twitter. He pardoned Ross Ulbrict, as part of his Right-Libertarian/ancap/crypto bro policy, hes deporting migrants to appeal to nationalists etc etc
This is just another appeal to the libertarian sphere
The whole thing is 920 pages, there's absolutely zero chance Trump ever read something this long. I can't even imagine him reading more than like 2 pages.
Trump is a puppet it doesn't matter what he does thinks or says. The people around him are well aware of the contents of project 2025 and how to implement it.
I think more people need the reminder that he’s just the puppet that will take the blame for everything implemented by the Republican Party. Once he’s dead there’s no one to blame and we’re just stuck like this
I don't recall that, but I do remember him vehemently being against Net Neutrality while at the same time saying he doesn't even understand what Net Neutrality means, so it tracks.
I believe Trump hasn't read it. Even if he has I don't think he cares about it. That's not why I think he was running for office. I suspect he wanted immunity from prosecution, bragging rights and further brand value, and to profit. He cut a deal to push whatever they wanted, doesn't give a shit about the fallout unless it affects his handlers.
He said this off the cuff during a DEBATE in 2024. It’s 2026. This is why you have a COS and advisors. Did you even read the article? So you don’t like Biden and Trump. Let’s hear who you do support. It sounds like you just want to complain.
Re-read what I wrote. You are a strange person. You have this need to be “right” even when you weren’t. This is the Economics sub. I was ready to debate Econ with you but you bailed out to the Trump Derangement nonsense. Later, half wit.
It can and it will. It’s a bummer, isn’t it? Oh well, time to mow my personal lawn and throw some shrimpies on my personal baabie. Everyone for themselves!
It's frightening and we're all powerless to stop it. I don't understand why the GOP doesn't care more, this goes against fiscal conservatism. We can only hope November brings a stop to this madness.
“If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you.”
― Lyndon B. Johnson
Whenever they get upset with the current admin; Trump does something stupid which makes everyone start yelling and then they feel right again. I don't get it either, but it's what happens. As long as liberals are yelling they thing everything is fine.
It's like breathing a sigh of relief when the fire turns into a flood because the heat is gone.
Yeah just look at a graph of the deficit. SHot up under Reagan, stayed flat under Bush Sr, came dow nto no0thing under Clinton, shot up under Bush, came down by then end of Obama, immediately shot up under trump, came down in the last couple years of Biden, then shot up immediately under Trump.
It's empirical fact that Ds are better on debt than Rs are. Not even arguable
They are getting rich regardless so why would they care? They no longer give a Sh!t about their base if they ever cared about them at all. All the big GOP players had been against Trump ahead of his first term, now they get paid to lick those boots.
Fiscal conservatism is a joke if you look at what exactly was conserved. Here’s a hint, nothing was conserved. Republicans spend money faster than a chimp in a beat off contest
>I don't understand why the GOP doesn't care more, this goes against fiscal conservatism.
That's easy. They never actually cared about "fiscal conservativism". That was always a smokescreen to avoid criticism whenever they'd cut funding for a social program and immiserate a bunch of working people, or a cudgle to weild anytime a Dem wanted to fund something remotely progressive.
Fiscal responsibility is an admirable policy position, held by people who actually think about the countries' long term health.
Decades of Fox and R politicians screaming that "democrats hate our country"/"Obama wants to DESTROY America!"/"Liberals are turning your kids trans"/"Illegals are eating your pets"/"Trans bathroom rights = you daughter gets raped"/"the election was stolen!" = the right feels they are in an immediate war for survival; all long term thinking or moral principles get tossed when they believe they must defeat all their enemies NOW before they themselves get wiped out.
They simply don't care about debt, don't care about corruption, don't care about the constitution, so long as Trump and co are oppressing minorities and making the future less liberal they'll support him. Notice I said "less liberal". I did not say "implement conservative policies" because that can be undone if a future election goes D. No, they are quite happy to "make the future less liberal" via undemocratic and unconstitutional rigging, such as gerrymandering, court packing, only nominating Heritage Foundation approved radical right wing judges etc. They do not trust future voters to make the "right" decisions, therefore they are happy happy to support Trump as he takes democracy away.
Again, right wing propaganda has them convinced democrats want to ban church, take their money, trans their kids, and -worst of all- empower minorities to where they can do to whites what whites did to them. It's existential to them that they win at politics, fiscal responsibility hasn't been a concern of theirs for 10 years
I'd encourage everybody to read the source material. We are cooked, but not in the way that is implied by your comment or the popular narrative, which is that Donald Trump is going to make the Fed an arm of the executive branch to finance excessive deficit spending and inflate the currency. Rather, it's the opposite:
> Public control of money creation through the Federal Reserve System has another major problem: Government can abuse this authority for its own advantage by printing money to finance its operations.
> A far less harmful alternative is to focus the Federal Reserve on protecting the dollar and restraining inflation.
> To protect the Federal Reserve’s independence and
to improve monetary policy outcomes, Congress should limit its mandate to the sole objective of stable money
> A core problem with government control of monetary policy is its exposure to two unavoidable political pressures: pressure to print money to subsidize government deficits and pressure to print money to boost the economy artificially until the next election. Because both will always exist with self-interested politicians, the only permanent remedy is to take the monetary steering wheel out of the Federal Reserve’s hands and return it to the people.
The specific policy prescriptions here are all extremely deflationary. It's a Fed along the thought lines of Austrian Economics and the Mises Institute, one which stays out of day-to-day fluctuations and focuses only on restricting the money supply. He actually recommends a return to the gold standard, where every dollar must be physically backed by gold or other hard commodities:
> Eliminate the “dual mandate.” A far less harmful alternative is to focus the Federal Reserve on protecting the dollar and restraining inflation.
> Limit the Federal Reserve’s lender-of-last-resort function.
> Free Banking. In free banking, neither interest rates nor the supply of money is controlled by the government. The Federal Reserve is e!ectively abolished, and the Department of the Treasury largely limits itself to handling the government’s money
> Commodity-Backed Money. The process of commodity backing is very straightforward: Treasury could
set the price of a dollar at today’s market price of $2,000 per ounce of gold. This means that each Federal Reserve note could be redeemed at the Federal Reserve and exchanged for 1/2000 ounce of gold—about $80, for example, for a gold coin the
weight of a dime.
> K-Percent Rule. Under this rule, proposed by Milton Friedman in 1960,31 the Federal Reserve would create money at a fixed rate—say 3 percent per year
The takeaway for investors is that if the economy and stock market crashes, this Fed is not going to rescue you. The crash is the point, so that capital can be freed up for people using it for productive purposes rather than financial shenanigans.
I sincerely find it concerning that the top comment of this post only contains the negative outlook.
> We are COOKED.
Maybe, obviously there are no guarantees right now. But it is important for people to remember that neither Trump nor his appointees are all-powerful. I don’t know how much you know about the Fed’s inner workings itself, but for anyone who isn’t informed, here is a great article: https://www.npr.org/sections/planet-money/2026/02/10/g-s1-109375/how-much-power-does-the-fed-chair-really-have. It is long, so if lacking in time, perhaps AI could summarize it.
In short, the chair is not all-powerful either. They have never been voted against, but historical evidence suggests that this is mostly a norm and tradition. In an existential crisis for the institution, the nerdy economists on the Board of Governors could indeed vote against the chair’s wishes. The Chair relies on being respected to maintain influence, and apparently Warsh does not have a history of being particularly disrespectful. He has also already pivoted his rhetoric somewhat, and paid tribute to the dual mandate.
My prediction is that the Fed will have to face waves and stress tests like the rest of our institutions, but will likely come out in tact.
Maybe I am wrong, but the idea of proselytizing the dumbed-down adage of “We are COOKED,” is frankly irresponsible in my view.
Yeah, I find those negative outlooks are the lowest-effort form of karma farming. People see the ship going down and are terrified of taking personal responsibility for helping correct it.
All of this works only on consensus. Enough people get pissed off enough, and change happens. But saying "nothing will change," or "we are COOKED," or "it's hopeless," is just a stupid self-fulfilling prophecy. We're not cooked, we're barely out of the freezer.
What personal responsibility should I be taking here to help fix the continual appointment of project 2025 fascists within this administration? Lol what?
Look around at this country and what’s going on. It’s not just this topic that’s concerning, but as a whole the US, is in fact, cooked.
Right? I am as pissed off as the next guy, and i still have no idea what to do about it. I cant vote any harder or boycott any harder. I built a life that revolves around trusting elected officials and the rule of law. When those contracts are broken what am I supposed to do?
Start by running for office and/or supporting those who run for office locally. Develop a thicker skin to work with those who aren't extremists and have at least some common goals but otherwise you fundamentally disagree with.
And most of all, never stop being rationally optimistic. People like you enjoy pessimism because they like being right, and pessimistic attitudes are often self-fulfilling prophecies. The less negative you are, the less chance there is for people to bounce off the real issues.
You don’t even know me though. How do you know what where or how I participate in politics?
We have a president who says they knew absolutely nothing about project 2025, and all of a sudden not only has his administration carried out a good amount of what is in project 2025, the administration is also closely working with them throughout many areas of the government. How am I being a doomer if I’m simply stating what is factual and easily verifiable?
We have a lot of economic data and signs that things are cracking, it’s not doomerist to point them out.
We are in capitalism's final stage, where global capital can't expand or sustain past profits. It now consumes public institutions and key systems, sacrificing democracy, welfare, infrastructure, education, healthcare, and ecosystems for short-term gain.
Because, for whatever material purpose they serve, institutions are built on faith of the idea. It reminds me in college when "nihilism" was popular among my friends. I mean, yea, everything is made up and stupid but that "made up" shit is what gives us agreed upon meaning and creates the world. So do you want to be right or have culture?
MAGA is so ironic. They claim all this America First bullshit but don't believe in a single thing that actually makes America great.
He’ll implement as much as he can that Trump tells him to and be the useful, sycophant scapegoat. I hope it’s worth it for him, cause it’s not for the average American.
This is the part that confuses me. Wouldn't it be bad for everyone? The value of the dollar would plummet against global currencies, and the rich become less rich. What's to gain?
You and I get poor. They have money and assets parked all over the world, especially pedo in chief. On the way down, a lot of people will get more power and more wealthy, again, just not you and I.
if the Fed raises rates and keeps them high despite unemployment, which is what this droid suggests, the value of dollar will stay high, but regular people will suffer. I think that is the point of it.
These guys don't have a Scrooge McDuck vault or anything, all their wealth is in assets. If the dollar tanks, they still have all the land, housing, factories, office buildings, ect.
bankrupt everything, devalue everything, buy it all for pennies on the dollar - then have a market rebuild while ballooning profits on the way back up.... Oh AND leveraging options and other predictive profitability scopes on the pre planned downturn while everything tanks.
trump and his family have already been doing this for years, all of his children own equities or entire companies that bet and prey on falling businesses, then move in and buy the business out for cheap once it burns out. then incorporate it into larger financial clusters to revive it. essentially profiting on the way down and on the way back up for a nice little double dip.
Quite often you will find that the billionaire class (or their equivalent in various contexts) are happy to diminish the entire system, if it leaves them relatively richer than others.
If you cut rich people's income in half, and cut poor people's income down to 25%, the rich people will be thrilled.
What they care about is that other people are suffering and they are not. Without that gap in suffering they cannot evaluate their own self-worth, and the greater the gap, the better they feel about themselves.
fascist regimes thrive on chaos & poor economic conditions. it's the perfect excuse to implement more authoriarian measures when people go to the streets.
In 2029 there’s going to need to be purge of Nazis from this federal government. All positions hired between 2025 and 2029 must be removed. People can re-apply, demonstrating loyalty to only the US Constitution.
Fuck re-apply. Ban them from ever working for the government again. In any capacity. They've already demonstrated their loyalty is NOT to the Constitution.
Fully expect the ole Democrat reasoning of "let's not dwell on the past but move forward into our bright future (of pleasing the same donors they did but with bigger smiles)."
Democrats try to help people with stuff like “Medicare” and “Social Security” and stuff like that. Republicans look at this as something to cut to pay for the next billionaire tax break. That’s reality.
You think the MAGA are going to allow another party to win?!
Not a chance, they've gone too far and they'd all wind up in jail. This is a revolution and those on the side of Democracy have already lost. Some don't seem to realise it yet as the other side are still doing pantomime about following it.. from time to time when it suits them.
Nah get this defeatist attitude out of here. You’re playing into their hands. There’s always a tomorrow, and their shitty reign will end at some point. Who knows what that looks like, but people are fighting back TODAY to make sure defeatist posts like this don’t come to pass.
Laughing at the idea that what happens in the states doesn't impact the rest of the world and that what that other person said is just defeatist. Wowsers.
Maybe sitting on the other side of the Atlantic is allowing us to see how deep in the hole you already are as a nation.
Like, let's say the best case scenario comes to pass and you end up with president vance, then what? And let's say you do have elections and vote the republicans out of the house, Senate and White House, who is going to and how do they start to unpick the incredible stitch up the heritage foundation and the ghouls that cooked up P2025 have done already?
How do you get Flock out of your police service? How do you get Palantir out of your military? How do you get the stolen data back from elon? How do you get rid of citizens united? How do you clean up the judiciary? How do you even out the supreme court? How do you deal with ICE and it's monstrous budget? How do you rein in the 24/7 propaganda machine in a country that cares more about the notion of free speech than its effect? How do you keep the most leveraged economy in human history afloat when the world no longer trusts you enough to go on a vacation there never mind do business with you?
It's not being defeatist. It's just being honest. You're on a path you can't turn from now. And we're all going to suffer.
Personally i see that as angry regarding today and the meekness of the past that allowed this to happen. Not so much defeatist about the future, just over the possibility a peaceful solution will be allowed.
I think he'll crash the economy soo hard that there's no-one supporting him except the hard-core MAGA, and then either he and his cronies run to Russia, or use the Police, ICE and military to try and suppress the population, which will turn even more people against him. Probably lead to some states going rouge in both directions.
Trump has no stomach for a fight, so he'll probably run shortly after beginning the latter option.
I also believed this delusion. But then Trump won re-election. This is just what 55% of the country wants. There will be no Nazi-esque purge because there will be no war they loose. We will have to live along side them forever. They have won.
No, it’s not. 190 million people live in states won by Harris. Trump successfully blamed Biden’s for covid and Trump-induced inflation, and with a ton of money deceived enough people to win by 2%. He’d lose today by a mile.
Love your optimism. But Trump successfully blaming Biden only proves the fact that the GOP is as bitter, hateful, brainless and moralless as I believe them to be. I’d love to be wrong.
Who actually care anymore? There is no healing from this, there is no more reaching across from the right, there is no more care for the future or people from the right. They are completely lost and making them more angry isn't going to do shit at this point. What are they gonna do? Elect a fascist who is trying to destroy the entire country for his own gain?
I would rather have a functional country than keep cow towing to fucking morons.
Yes? It's just going to reinforce everyone on the right's beliefs that it's purely political gesturing. It'll only solidify their current opinions and increase the existing divide.
Like, they're not just going to suddenly go "Oh, President XYZ is right, all of those people WERE undeserving of their positions! Things are better now!"
Maybe I’m too far gone then, because I see zero percent of the GOP as trustable, believable, rational, reasonable or ethical. They have, however, won. Now it’s just a fight for survival for anyone with a soul, morals, or functioning educated brain.
This is the obvious outcome of a malaportionment system where rural citizens are considered elite citizens whose votes count more than everyone else. People in suburbs and cities are counted as fractions of a person in the electoral college and Senate representation. The Presidency and the Senate get to appoint all the judges, agency heads, military promotions, and government officers. The House has no say.
And now the House is massively going to be Gerrymandered thanks to Republicans on the Supreme Court who ruled there is no right to fair elections and election rigging is allowed (political gerrymandering). Every political scientists has said for decades that in an all out Gerrymandering war Republicans will win and lock out Democrats from nearly ever being able to control the House.
The entire US election system is a Democratic farce.
Know where we rate on Democracy indexes now? We're between Latvia and Botswana and we're no longer listed as a full democracy. Look it up.
Republicans continue to undermine the US economy via corruption and failure, while defending the Trump-Epstein child sex trafficking ring and committing constant crime.
We all know how this is going to play out. There will be loose money when Warsh party is in office. There will be tightening when the other party is in. That simple.
Will we be putting all the heritage foundation p25 people in prison later bec their ideas are all unconstitutional and illegal for the most part but their delusions of grandeur and greed have them blind to their criminality and lust for unfettered power.
This is important but irrelevant. He hired 2 researchers to help do assessments. Issue is, the 12 person board have been members for a while and don't require this information as they do their own studies. They don't have the votes to implement almost anything, according to how they've voted for the last 6 years. The question will be, if the new researchers provide fake info will the board fact check (we know Powell will) or roll over. Powell won't let the members roll over.
Agreed but their voting record currently disagrees. The Feds board could have been just voting with Trump these last 2 years and they haven't for a reason. They've consistently disregarded what trump has said and wanted.
Jpow was actually quite a good pick by Trump. Dude dealt with an absolute firestorm and nearly managed an actual soft landing had it not been for tariffs/Iran.
I like him more than Yellen that's for sure. He's gotten a lot better at his job, and his policy has become better overtime. His spine has stiffened up significantly as well - if you read some of his writings during/post GFC, 2018/2019 Powell seems out of step with both 2010 Powell and 2026 Powell. More or less, policy could have been so much worse it's hard to be upset with him.
No one involved with p2025 or the heritage foundation should be in any government position. Least of all part of the board that determines practically the entire economic path for everyone in this country. It's such a damn shame so many willful idiots said project 2025 was a hoax.
Project 2025 or whatever they call it, is just a failure. It destroyed american economy, didnt own the libs, didnt punish black people, it didny bring back jobs to America.
Heritage is just rednecks who wear suits.
Yep they goal is and always will be minority rule. They dont want democracy becuuase they know they will never have a majority. Thats why everything they do is about tearing down institutions, community, knowledge, culture. Anything that brings people together is a target of project 2025.
Better watch it America...you are getting close to losing your democracy. Its already fallen down the ranks of democratic rankings in recent year...further erosion and you wont actually get to choose anymore. Youll be fed what to choose and if you dont, there will be consequences. Make a stand now to protect democracy.
Their plan to actually get representation in the government? The one they need because the right is actively trying to destroy left wing representation?
GOLD STANDARD ANYONE? Project 2025 advocates for studying the feasibility of returning the United States to the gold standard. The conservative policy platform proposes linking the U.S. dollar to a fixed quantity of gold to restrict monetary expansion, control inflation, and limit the Federal Reserve's traditional lender-of-last-resort capabilities.
It won’t work. You can’t suddenly go from fiat currency to gold standard. It took decades to go from gold standard to fiat. By the time we ended the gold standard in 1976, it was practically already done by that point. And because of how currency foreign exchanges occur in microseconds, you wouldn’t be able to keep up with a gold standard. We would have to essentially disable all electronic and digital banking systems to return to the gold standard.
That’s still fiat money. Gold standard means currency is tied to physical amounts of gold held in reserve as other countries do the same. Hence the gold part of gold standard. The problem with that is if countries don’t hold any gold in their reserves. Most do have gold reserves of some kind but the vast majority of countries use fiat money. With crypto, your money is even more phony than before and more volatile than precious medal standards combined. Plus it also requires digital accounts of some form to run.
How can we return to the gold standard and still allow banks and credit unions to do fractional lending? It makes no sense. the economy wouls stop dead in its tracks. these people are either enemies of the state or stupid as fuck or both.
This is actually kind of interesting. Warsh was previously very hawkish and a focus on fighting inflation instead of the dual mandate would line up with that. But it’s also the exact opposite of what Trump wants him to do. “Fighting Inflation” is code for raising rates and he’s screaming at the top of his lungs to lower them. How long till he’s blaming others for hiring his longtime family friend?
artificialdawnmusic | a day ago
From the article.
Winfree’s contribution to the “Project 2025” policy book set out potential reforms that go beyond Warsh’s calls for “regime change” at the Fed.
Winfree worked on the Domestic Policy Council in the first Trump administration and more recently founded the Economic Policy Innovation Center, a pro-Trump think tank.
His chapter in “Project 2025” canvassed a range of conservative ideas to reform the Fed, some of which go beyond what Warsh has discussed. Among the ideas Winfree considered were to end the Fed’s so-called dual mandate, its directive from Congress to set interest rates with respect to maximizing employment and stabilizing prices. The Fed should instead focus on “protecting the dollar and restraining inflation,” Winfree wrote.
Nigel_99 | a day ago
It sounds to me as if Congress would have to be heavily involved in any big structural changes. That gives me a slight bit of hope. Ain't gonna happen between now and election day. Won't be possible if the Democrats control even one house of Congress after January.
kittenTakeover | a day ago
Yeah, I mean US systems are far from having completely collapsed. Although, every year that corrupt Republicans have control over the presidency and/or congress things deteriorate.
[OP] One-Emu-1103 | a day ago
Unless other Mancian, Fedderman or Sinema types show themselves of course.
iampachyderm | a day ago
I find it funny that the name you spelled right was Sinema. That’s the most confusing one!
GODDAMNFOOL | a day ago
absolute sinema
Ok_Construction5119 | a day ago
spanish is phonetic
TankorSmash | 23 hours ago
spanish is a language actually
Ok_Construction5119 | 13 hours ago
nuh uh
No-Profession5134 | a day ago
Watch out for "Conservative" Democrats.... That is how you avoid that. "Conservative" is actually code word for "zionist evangelical" anymore and not for classical Conservatism as understood by the mainstream media. The Republican and Democrat "Conservatives" have consistantly pushed the Isreal First agenda while working together my entire life even though they claim otherwise. It is just now getting to be nationally destructive...
beets_or_turnips | 20 hours ago
Is there some kind of additional dog-whistling going on when people spell it "Isreal"? Or is it just illiteracy? I'm pretty on board with what you're getting at otherwise but consistently misspelling the country you're complaining about just raises eyebrows.
gratefulkittiesilove | 18 hours ago
^ This this this
a_library_socialist | a day ago
I'm sure they'll be able to cast the rotating villain. If they could replace Liebermann, they can replace anyone
Nom_de_guerre_25 | 20 hours ago
Being that one democratic senator that always gets in the way of a potential win must make whatever Senator that plays the role a highly sought after lobbyist.
It probably makes you friendly to Republicans and Democrats that's need a connected lobbyist.
Unless they just do this to preserve the status quo. I imagine there might be some reward for the effort.
HillBillyHilly | 22 hours ago
The giant sasquatch's name should be Feederman because that's all he's doing. He's getting paid to disrupt DC.
throwaway00119 | a day ago
Ya'll are crazy if you think 100% of Republicans would rubberstamp a change like this to the dual mandate.
che-che-chester | a day ago
Unlikely, yes. But I don’t know that we can say anything is impossible with this GOP.
RandomTunes | a day ago
They will rubber stamp whatever fox news tells them to.
Gamplato | a day ago
I don’t think you have a good understanding of “those types”.
Freud-Network | a day ago
They're all potentially "those types" when it comes to ensuring that Democrats remain do-nothings.
Gamplato | a day ago
This thought process is one of the many why I wish you were in a different party than me
Freud-Network | a day ago
The fact that you still forgive them while everything crumbles is why I wish you were in a different party than me. I wish you many more toxic establishment candidates and strongly worded letters before it all implodes.
Gamplato | 23 hours ago
I don’t forgive “them” because there is no “them”. It’s the hallmark the thinking of a stupid person to reduce topics like this to “they” and “them”. You sound like every conspiracy theorist ever. Rambling.
WakaFlakaFlavorTown | a day ago
Hahahahahahahahahaha. The idea that Congress would have to be heavily involved in anything these days is hilarious. Congress is busy getting rich.
not_thecookiemonster | a day ago
Our federal politics has become tragicomic theatrical performance. It only gets worse from here
Nigel_99 | a day ago
My point was that legislation would be required to change the core mission of the Fed. Bills proposed in both houses, debated, amended, voted on, reconciled between the houses, voted on again, then sent for presidential signature. I have a hard time believing that there are enough Republicans to achieve this, despite their control of both houses.
WakaFlakaFlavorTown | a day ago
We have clearly been living in different countries for the last 6 months. I am happy that your country has checks and balances, mine did too last year. I didn't say anything about republicans, I said CONGRESS doesn't care. I hope they prove me wrong
Nigel_99 | a day ago
Attempting to make my point for the fifth or sixth time: the Fed is not like other federal agencies. The chairman can't just wave a wand and change the core functions of the organization. He can't even change interest rates by himself.
Congress (that is, the Republican Party) will have no choice but to pay attention if this nut job tries to make big changes in the short term. The entire banking industry will be flashing red, for example. You better believe that every member of Congress will pay attention if local/regional bank presidents from their states start calling.
If the GOP was troubled enough by the $1.776B slush fund to say no, then they will definitely respond to an attempted restructuring of the central banking system and a potential economic collapse.
I don't support any action of the current administration. Not a one. But I think there are limits, even for the supine 119th Congress.
AzarathineMonk | a day ago
I wouldn’t take much solace in that line of thought. Congress has shown to be fully subservient to the whims of the executive, such as passing funding bills expressly rejecting agency re-orgs or explicitly pushing for legislative priorities, only for said executive agencies to go against those policy wishes.
This Congress has shown everyone that unless there’s action from lawmakers, text in a bill is just that, text in a bill, and text by itself carries no weight in reality.
Nigel_99 | a day ago
Well, they flatly rejected the $1.776 billion slush fund.
AzarathineMonk | a day ago
That’s a weird one because it’s debatably legally sound (tho the amount is an amount that is unprecedented) but it’s politically unpopular.
That’s different that Congress saying “We authorize you to spend money for XYZ, not ABC” where the executive responds with “I’m gonna do ABC anyway” and then Congress responds with cricket noises.
Nigel_99 | 19 hours ago
It is not legally sound, in the slightest! Why represent it that way?
Shitler sued the IRS. During his first term, someone who worked for the IRS (directly or indirectly) released a few breadcrumbs about how little Shitler paid in taxes.
So, recently, Shitler sued the federal government/IRS. His former personal attorney, who conveniently now serves as Acting AG, decided to "settle" the case. Statements were made to a federal judge. Said statements may or may not have constituted fraud as the judge wasn't involved in the "settlement." It was all according to assertions made by the Acting AG.
A group of retired federal judges submitted a complaint to the judge, claiming that Shitler and the Acting AG committed fraud. The judge responded by opening an investigation into said claims.
AzarathineMonk | 11 hours ago
I know what shitler did. I’m not talking about his fund specifically. His $1.776B fund is drawn from the congressionally created “Treasury Judgement Fund.” That fund is based fully in reality, and has been continuously used since the 1950s.
“The U.S. Treasury Judgment Fund is a permanent, indefinite appropriation created by Congress to pay court judgments, administrative claim awards, and compromise settlements against the federal government.” The fund is just govt weaponized against itself. I’m a firm believer that a man can’t be his own judge but I’m not sure where in the constitution it says Trump can’t do that. I’m a similar vein, it’s currently an open question if the president can pardon himself.
DryPersonality | a day ago
You act as if the midterms will be fair.
oregon_coastal | a day ago
Uh. Neither Trump nor his cronies care about law. Nor does SCOTUS.
We should all be more than a little concerned given how far into the ground they have already pushed everything. We can go from where we are now to depression in just a few shadow docket rulings.
Nigel_99 | a day ago
I get your point. But the new chairman of the Fed has no authority to change the core functions of the Fed. Nor can he change interest rates, other than representing one vote on the FOMC. Regional Fed presidents have quite a bit of autonomy. And they are serious people.
oregon_coastal | a day ago
I think you have a failure of imagination of how much insane shit these guys will try.
Nigel_99 | a day ago
Yes, try they will.
Counterpoint-4 | 9 hours ago
Scotus seems to be in Alice in Wonderland territory - up is down and vice versa! Maybe it's George Orwell's double speak?
ana_log_ue | a day ago
Like how they’re supposed to be heavily involved in deciding whether the US starts any wars…
Nigel_99 | a day ago
Congress long ago ceded that power to the president via the War Powers Act. It was a Cold War reaction to the idea that WW3 would be over in a few minutes or hours, therefore the president should have the power to order our forces into action if necessary.
As a result, the president has free rein for the first 60 days of any armed conflict.
happycat47 | a day ago
The midterms will be rigged and Dems won't play any role going forward. It's time to detach ourselves from this system and work locally to build communes.
Zepcleanerfan | a day ago
Nope. Elections are run by the states.
trump will try some kind of Jan 6 type maneuver but the only way he undoes our elections is if we let him.
214ObstructedReverie | a day ago
Control of congress is via a relatively small number of purple seats.
Just send ICE in to "monitor" those elections in the bluer parts of the districts, and create enough chaos to tip the scales.
Zepcleanerfan | a day ago
Right. He will try that. Will we allow this pedo traitor to end 250 years of democracy?
Thats the question.
Daxx22 | a day ago
> Thats the question.
What does the past 10+ years tell you?
EnigmaticQuote | a day ago
Lets not fall to doomer bullshit is what we need to be doing.
Zepcleanerfan | a day ago
I agree. That's the best predictor of the future, but it's not determinative
HillBillyHilly | 21 hours ago
That too many listened to this type of reasoning which got us nowhere. We need to unite to defeat these trash bucket politicians.
hw999 | 21 hours ago
i would bet every penny i own that americans will just stand there and film the whole thing and do absolutely nothing. the people that will fix this bullshit probably arent even born yet.
happycat47 | a day ago
>Elections are run by the states
And red states are gerrymandered while blue states stand on principle. Meanwhile, voting machines have been compromised as have judges. They already stole 2024, idk why the midterm would be any different
3cansammy | a day ago
“There’s no hope so don’t even bother showing up to vote” is that your point?
I wonder who benefits from this propaganda
happycat47 | a day ago
No, my point is stop relying on the system to fix the system. We need to operate outside of it. Strike, live in communes, stop paying debt to banks, crash the economy, obstruct
Just saying "gotta vote them out" is the message from 10 years ago. We're well past that
Zepcleanerfan | a day ago
Please stop. Theres zero proof of that.
crackanape | a day ago
The reason I'm willing to believe it, is that just about 100% of the other stuff the GOP accused the Democrats of doing, they were actually doing themselves or planned to do and have now done. Why would this one thing be any different?
FreeDarkChocolate | 16 hours ago
The fault here is listening to what they say, whether about themselves or others. Instead just focus on what there is evidence of and reasonable conclusions based on the world before us.
We don't need to helplessly wonder about whether elections are being tampered with when we have statistically robust audits in enough places to more that sufficently prove the validity of their results. For example, look at Wisconsin where they regularly audit by hand counting entire randomly selected wards that sum to more than 10% of all ballots cast in the state and find nothing. For another, you can look at other cases like when Georgia hand counted every single vote for President and found nothing remotely close to exceeding expected tolerances.
quoala678 | 17 hours ago
The country is huge and there are thousands of voting sites don’t think they have the number to pull of a stunt like that with poorly trained idiots.
HillBillyHilly | 21 hours ago
No. Work together and stop separating which is what got Dump elected.
happycat47 | 21 hours ago
In what way is building communes and detaching from a broke, hostile system considered not working together and separating?
GrokMonkey | a day ago
If they simply do these things and they are not stopped then whether or not it is legal is purely academic. In practice it becomes the de facto government.
If they can functionally opt-out of representative democracy then there is no solution within the law or within governance.
Richandler | a day ago
Probably not really. That dual mandate is super handwavy with how one goes about doing that.
MoonBatsRule | a day ago
> It sounds to me as if Congress would have to be heavily involved in any big structural changes.
What makes you think this? Congress has chosen to not function anymore out of deference to Trump. It hasn't been involved at all in all the other structural changes we have had, changes which it should have been involved with.
Trump has figured out that he can do anything he wants as long as 60 people in the Senate don't oppose him. A Democratic congress and Democratic sentate would not be able to pass any legislation saying to Trump, "no, don't do that, that is our job". The filibuster prevents the restraint of the president.
Endless_Chaos_ | 21 hours ago
Sense when has anyone in this administration listened to any other branch of government? Buckle up.
ImperiumRome | a day ago
There are liberal think tanks, conservative think tanks, and now ... a pro-Trump think tank ? What a world to live in !
Simple_Purple_4600 | a day ago
more tanking than thinking
RedParaglider | a day ago
Project 2025 was just a far right radical right wing think tank, not a trump think tank, it surpasses him.
shakeitsugaree_ | a day ago
Anyone thinking does
Ancient_Weakness699 | a day ago
Trump is definitely not a conservative. He's responsible, personally, for 1/3 of the national debt.
amendment64 | a day ago
>He's responsible, personally, for 1/3 of the national debt.
So then, a conservative? This is what every conservative I have ever known has always done, its mind boggling people associate conservatives with financial responsibility. The only party to balance government spending in my lifetime was literally the Clinton administration.
Paradoxjjw | a day ago
How would that disqualify him from being a conservative? Because if that's part of your definition only 1 US president in the past few decades could qualify as conservative.
hutacars | a day ago
Clinton?
Paradoxjjw | 23 hours ago
Yeah, he's the only one I can think of in the past 50 years that had a positive budget
Crackertron | a day ago
You just haven't figured out that conservatives don't have any real positions or values, other than stomping on those less fortunate.
Biggie62 | a day ago
conservatives are responsible for like 85% of the national debt since the 60s.
KarmaticArmageddon | a day ago
Conservatives don't get to "No True Scotsman" their way out of their support for Trump.
This is conservatism. Always has been, always will be. They pay lip service to their supposed "values," but in the end, they just line up behind whatever populist fascist they can find no matter how many of their supposed "values" it violates.
The essence of conservatism is a lack of principle in their supposed beliefs. They'll do and support whatever gains them power over their perceived enemies, that's it.
They have no guiding principles or values. This is why pointing out their hypocrisy does nothing. It's not hypocrisy for them because they never actually believed in anything besides "winning" or, more accurately, the "other side" losing.
pixelprophet | a day ago
> The Fed should instead focus on “protecting the dollar and restraining inflation,” Winfree wrote.
Then the Fed should mandate that a Republican can never be president again - bunch of dumbfucks.
>GOP Presidents Have Been the Worst Contributors to the Federal Debt
>In terms of total increase in "federal debt to GDP" under U.S. presidents in the post-World War II era, Republican presidents during their terms have contributed far more to the debt load of the nation than Democrats.
https://www.theatlantic.com/politics/archive/2012/10/gop-presidents-have-been-the-worst-contributors-to-the-federal-debt/264193/
full article: https://archive.md/OSxg9#selection-547.0-547.67
>The unemployment rate has risen on average under Republican presidents, while it has fallen on average under Democratic presidents. Budget deficits relative to the size of the economy were lower on average for Democratic presidents.[1][2] Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.[3]
>Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents.
musical8thnotes | a day ago
>protecting the dollar
This one is nonsensical. The dollar's value doesn't need protecting.
You protect the dollar by restraining inflation. All I am hearing is some populist, nationalist idea that the USD deserves to have an inherent high valuation, which would put America in the same economic/financial trap as the UK.
oldsmoBuick67 | a day ago
I agree in principle, but a a carry trade unwind would have disastrous consequences. It should never have gotten to this, yet here we are.
Calavar | 17 hours ago
MAGA really is sticking as tightly as possible to the script for the UK's century of decline
skurvecchio | a day ago
In theory, I've always believed this would be a healthier way to handle employment. The problem is that it requires a functioning legislative branch that is able to enact fiscal policy to take up the function of maximizing employment, which we don't have.
superxpro12 | a day ago
Have you ever heard of the term "design by committee"? It frequently leads to "death by committee". Putting a couple of delegates in a room that represent all interested parties solely focused on an issue is far more efficient than trying to get the entire legislative body of congress aligned.
Everything Trump an co are doing is in some way meant to centralize their power to aid in profiteering. thats it.
Thats why every federal department was gutted without any approval or authorization. They all had some form of mandate to operate apolitically. Cant have that. It affects profits. Dept Education, SEC, FCC, FDA, all of it has to go because it was apolitical and obstructing their profits.
So we need to ask ourselves how does this affect that goal?
They will move to remove any restrictions imposed by congress that obstruct that balance of power. I don't, for a second, think they give af about inflation. They will make whatever policy choice they want that increases their own profit to the detriment of anyone else not them.
Numeno230n | a day ago
In allllll of modern history, whenever a political party or politically motivated government apparatus takes over control of the national currency, it results in economic disaster. Like every single fucking time. Because you know who you want making monetary policy? No, not economists, auditors, regulators, and experts. No, no, we want the people with a high school diploma who won their Indiana election by attacking gays and immigrants to be in control of interest rates and and monetary policy. We want to rely on guys like that to stand up and say "No, mister Fuhrer, I don't think your political agenda should supersede what the economic data says." riiiiiiight.
chasingjulian | a day ago
This is a big signal Warsh has no interesting in an independent Federal Reserve. He will not make data driven decisions in support of the Feds mandate.
throwaway00119 | a day ago
Warsh doesn't make the decisions that matter alone.
Super901 | a day ago
Yet amazingly, all of his policy proposals will do the exact opposite.
All_Work_All_Play | a day ago
The GFC would have lasted 10 years had these chucklefucks been in charge during that time.
I hate this shit.
Richelieu1624 | a day ago
The irony is that this inflation hawk will now have to pretend that inflation doesn't matter, unless he wants to piss off Trump.
HillBillyHilly | 22 hours ago
The Fox Is In The Henhouse. We are cooked.
KlingelbeuteI | 15 hours ago
„Protecting the dollar“ in this case means to protect people who control most of the dollars out there. Billionaires, the government and other entities.
Keeping inflation in check can basically be translated to „we need to make sure the plebs don’t get too angry while we screw them hard“
0202_tihssitidder | a day ago
The financial pain will increase exponentially.
Richandler | a day ago
So they want volatile prices with no inflation? So instead of a $5 item someone might be paying $7 and another person might be paying $3 the next day? Or maybe surveilance pricing is more like it.
Gogs85 | a day ago
Restraining inflation? That puts him at odds with Trump.
DFWPunk | 23 hours ago
The protecting the dollar piece is interesting given the fact Donald wants a weaker dollar to help with exports.
Nomadic_Yak | 21 hours ago
And another guy just straight up named "Heil"
The writers are getting lazy
AffectionateKey7126 | a day ago
Is this where we pretend that removing the dual mandate is unthinkable even though it's been suggested for years without much fanfare?
Lost-Elephant-6628 | a day ago
lol the section in project 2025 about the federal reserve explicitly calls for the fed to lose its independence and limit its scope of authority lmao. We are COOKED.
OrneryZombie1983 | a day ago
The banking section of Project 2025 is nightmare fuel. Free banking. Let banks create their own currencies and let the market decide money supply and interest rates.
BlubberyBlue | a day ago
Man. We have the most powerful currency in the history of humanity in the form of USD. And yet, there are idiots that want to run their own currencies. Probably just to do the same scams as the crypto rug pulls.
Future generations will look back at this time period as the US just self destructing for literally no reason except trying to make the rich, richer.
CorporateCuster | a day ago
When project 2025 was made, it was way before thee 2024 elections. The thoughts that went into it were meant to work then. Just a few years later and implementing most of p2025 has has had terrible consequences but the playbook is written and so these fools will continue to use it.
OrneryZombie1983 | a day ago
I think it says these private currencies could be backed by gold or "other" which I take be oil or crypto.
hughk | a day ago
Basing your own currencies on crypto which in turn could have no base at all seems a bit like basing shit on more shit. It will still smell of shit. A bit like derivatives of mortgage backed securities and we know what happened there.
nerdy_donkey | 18 hours ago
Congratulations to you all for voting for this (or not voting at all).
throwaway00119 | a day ago
If you believe the elite/Wall Street would let this happen, I have a large bridge in a beautiful desert to sell you.
Mist_Rising | a day ago
The courts, supreme among them, seems inclined to not let P2025 mess with the US dollar. They've struck down Trump each time he's unlawfully messed with the Federal Reserve.
A cynic would say this is for self serving reasons, I'm sure. I'll ask my totally real cynic friend tomorrow.
Cabenshire | 10 hours ago
Sometimes I wonder if Trump's policies (in this case, a pro-Trump writers policy ideas) are just made to simply appeal to every sphere of right wing twitter. He pardoned Ross Ulbrict, as part of his Right-Libertarian/ancap/crypto bro policy, hes deporting migrants to appeal to nationalists etc etc
This is just another appeal to the libertarian sphere
nostrademons | a day ago
It's not that insane. Markets are generally smarter than individual people are, because they aggregate the judgment of many individual people.
Takemyfishplease | a day ago
I was told project 2025 was a hoax tho, so this can’t be it.
jimtow28 | a day ago
Donald Trump says he hasn't even read it. That should make you feel better about it being implemented!
menagerath | a day ago
Tbf I do believe that he did not read it.
MiniTab | a day ago
Agreed. The only thing that imbecile has read in the last 25 years is the McDonald’s menu.
spaceporter | a day ago
Naah. He just orders the filet-o-fish
crackanape | a day ago
It has pictures
slowporc | a day ago
Not only did he not read it, he doesn't care at all.
Momoselfie | a day ago
"whatever makes me the most money and keeps me out of prison"
Taranfeeto36 | a day ago
The whole thing is 920 pages, there's absolutely zero chance Trump ever read something this long. I can't even imagine him reading more than like 2 pages.
StolenCandi | a day ago
Yeah, it doesn't have pictures so Trump didn't get through the first page.
writewithparagraphs4 | a day ago
probably in a learn to read book format with lots of illustrations
4Yk9gop | a day ago
Monkey, Bear!, Shark.
DonkeyLightning | a day ago
Person. Woman. Man. Camera. TV
Realshotgg | a day ago
Trump is a puppet it doesn't matter what he does thinks or says. The people around him are well aware of the contents of project 2025 and how to implement it.
Stang1776 | a day ago
They said that with sarcasm but you are correct.
Dank_Turtle | a day ago
I think more people need the reminder that he’s just the puppet that will take the blame for everything implemented by the Republican Party. Once he’s dead there’s no one to blame and we’re just stuck like this
clickityclack55 | a day ago
Rump kept saying Biden was the Manchurian Candidate...
Every accusation is a confession.
OrangeJr36 | a day ago
To be honest, he hates reading. That was probably completely true from the start.
Black_Daimyo10 | a day ago
That MF can't read so that tracks
Sea_One_6500 | a day ago
Let's start the rumor that he can't read.
writewithparagraphs4 | a day ago
next cognitive test is to have him recite the jabberwocky poem on live television from memory
Freud-Network | a day ago
That dumb fuck can't read the Fox News ticker without falling asleep twice in two minutes.
NovelWord1982 | a day ago
I completely believe he didn’t read it. He didn’t need to. He just had to hire/appoint folks who wrote it.
TJames6210 | a day ago
It makes me feel worse. Because it means it will be implemented well.
WanderingDude182 | a day ago
Donald Trump can’t read
carthaginian84 | a day ago
What a wild coincidence!
Sailor_Propane | a day ago
Didn't he say something like "I didn't read it but I think it has wonderful ideas"?
jimtow28 | a day ago
I don't recall that, but I do remember him vehemently being against Net Neutrality while at the same time saying he doesn't even understand what Net Neutrality means, so it tracks.
Clean_Brilliant_8586 | a day ago
I believe Trump hasn't read it. Even if he has I don't think he cares about it. That's not why I think he was running for office. I suspect he wanted immunity from prosecution, bragging rights and further brand value, and to profit. He cut a deal to push whatever they wanted, doesn't give a shit about the fallout unless it affects his handlers.
SerialStrategist | a day ago
Lucky for us, Tramp can't read.
TheDayman_240 | a day ago
Trump can't read, so that was one of the rare times he wasn't lying. Now, whether or not they did a visual presentation using puppets, we don't know.
guyzieman | a day ago
He hasn't read it because he can't read, but I'm sure he's been told everything he needs to know
RealPureLeaf | a day ago
That’s just because he can’t read.
MrZwink | 15 hours ago
Its not a lie, he doesnt read.
sioomagate | 21 hours ago
That’s because Trump can’t read.
SkyNet_Admin_1 | a day ago
What was your favorite policy that was implemented by Joe Biden?
jimtow28 | a day ago
Why is that relevant? I didn't even like Biden lmao.
Why don't we just skip ahead to the part where you yell "GOTCHA!" and then disappear?
SkyNet_Admin_1 | a day ago
Sounds like you have some trauma. You clearly don’t like Trump and you said you don’t like Biden, so who do you like? Whose policies do you support?
jimtow28 | a day ago
Why is any of that relevant to Trump claiming he didn't read Project 2025?
Be careful, I'm very close to muting you if you once again fail to address my question. I'm not interested in playing Whatabout Biden.
jimtow28 | a day ago
> Link your source to where Trump said he didn't read Project 2025.
Here you go. Now, please apologize for being wrong before we continue.
OG_simple_rhyme_time | a day ago
He edited his comment what a 🤡
jimtow28 | a day ago
They also lied and told me that he said it "off the cuff during a DEBATE", when the article I provided says something completely different.
I'm not sure how the discussion they thought they were having went, but the one they actually did have went incredibly poorly.
SkyNet_Admin_1 | a day ago
He said this off the cuff during a DEBATE in 2024. It’s 2026. This is why you have a COS and advisors. Did you even read the article? So you don’t like Biden and Trump. Let’s hear who you do support. It sounds like you just want to complain.
jimtow28 | a day ago
Ah, but he did say it. Even though you just told me he didn't (before I assume realizing your mistake and deleting the post?)
See ya never, friend.
SkyNet_Admin_1 | a day ago
Re-read what I wrote. You are a strange person. You have this need to be “right” even when you weren’t. This is the Economics sub. I was ready to debate Econ with you but you bailed out to the Trump Derangement nonsense. Later, half wit.
SuccessfulWar3830 | a day ago
The only thing about project 2025 that's a hoax.
Is that's it's a new idea. The republicans entire mo has been to enact endless power and control for decades.
a_library_socialist | a day ago
And Obama failed to dismantle the imperial presidency in 2009.
SuccessfulWar3830 | a day ago
Yeah because Obama is a neo lib. He went back on so much he campaigned on. Even having a majority in house and senate he didn't use it
dinosaurkiller | a day ago
You will still be told it’s a hoax, as it continues to destroy the US.
coconutpiecrust | a day ago
It can and it will. It’s a bummer, isn’t it? Oh well, time to mow my personal lawn and throw some shrimpies on my personal baabie. Everyone for themselves!
ceNco21 | a day ago
A hoax that has spread like a cancer.
ExpiredPilot | a day ago
50% completed
MicroSofty88 | a day ago
Interesting how all these authors of Project 2025 keep getting hired by the administration even though the president has never heard of it
Lost-Elephant-6628 | a day ago
Extremely interesting 🤔
YourVoicesOfReason | a day ago
It's frightening and we're all powerless to stop it. I don't understand why the GOP doesn't care more, this goes against fiscal conservatism. We can only hope November brings a stop to this madness.
coconutpiecrust | a day ago
The GOP base is either too stupid or believes themselves insulated from any negative consequences.
zzzongdude | a day ago
“If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you.”
― Lyndon B. Johnson
LionGuy190 | a day ago
They just need to fill up the tank to realize the negative consequences…. Oh who are we kidding, they’d vote for him in 2028 if they could!
coconutpiecrust | a day ago
They can and they will. And he will bring more “Project 202x” people along.
TheTexasHammer | a day ago
Whenever they get upset with the current admin; Trump does something stupid which makes everyone start yelling and then they feel right again. I don't get it either, but it's what happens. As long as liberals are yelling they thing everything is fine.
It's like breathing a sigh of relief when the fire turns into a flood because the heat is gone.
MickKeithCharlieRon | a day ago
Fiscal conservatism went out the window years ago. It is a cult now.
NonReality | a day ago
There never was any fiscal conservatism lol it was always an oxymoron
the_real_MSU_is_us | a day ago
Yeah just look at a graph of the deficit. SHot up under Reagan, stayed flat under Bush Sr, came dow nto no0thing under Clinton, shot up under Bush, came down by then end of Obama, immediately shot up under trump, came down in the last couple years of Biden, then shot up immediately under Trump.
It's empirical fact that Ds are better on debt than Rs are. Not even arguable
throwaway00119 | a day ago
Fiscal conservatism was a fancy way to say "lower taxes."
Duke_of_Moral_Hazard | a day ago
And "don't help minorities."
Lost-B4-Translation | a day ago
They are getting rich regardless so why would they care? They no longer give a Sh!t about their base if they ever cared about them at all. All the big GOP players had been against Trump ahead of his first term, now they get paid to lick those boots.
NaBrO-Barium | a day ago
Fiscal conservatism is a joke if you look at what exactly was conserved. Here’s a hint, nothing was conserved. Republicans spend money faster than a chimp in a beat off contest
Ancient_Weakness699 | a day ago
Modern Democrats are more fiscally conservative than modern Republicans.
So_HauserAspen | a day ago
Fiscal conservative just means using money to hurt minorities and marginalized communities or transfer to the overlords
ThatCakeIsDone | a day ago
> spend money faster than a chimp in a beat off contest
🤔
Freud-Network | a day ago
How people keep failing to understand that the GOP is full of liars who have no moral values is beyond me.
Are you really that shocked they lack honor and integrity? After all this?
So_HauserAspen | a day ago
The GOP is a confidence scheme
The GOP is a confidence scheme
The GOP is a confidence scheme
The GOP is a confidence scheme
The GOP is a confidence scheme
That is why they don't care. They are told not to by the people they have entrusted. History shows the madness will not stop on it own accord.
FireFiendMarilith | a day ago
>I don't understand why the GOP doesn't care more, this goes against fiscal conservatism.
That's easy. They never actually cared about "fiscal conservativism". That was always a smokescreen to avoid criticism whenever they'd cut funding for a social program and immiserate a bunch of working people, or a cudgle to weild anytime a Dem wanted to fund something remotely progressive.
creampop_ | a day ago
fiscal conservative = NON-WHITES GET BENEFITS TOO??? FUUUUUUCK THAT CANCEL IT ALL
that is republican "fiscal conservatism," it was never anything else.
gluedtothefloor | a day ago
Its easy, they never cared about fiscal conservatism.
dur23 | a day ago
Héritage foundation has a physical address and those dorks do also.
wholetyouinhere | a day ago
Americans are absolutely not powerless to stop it. There are remedies described hundreds of years ago, which cannot be repeated in polite company.
But more realistically, people can refuse to allow this. They can get in the way. Physically block the flow of capital. Refuse to play along.
the_real_MSU_is_us | a day ago
> fiscal conservatism
Fiscal responsibility is an admirable policy position, held by people who actually think about the countries' long term health.
Decades of Fox and R politicians screaming that "democrats hate our country"/"Obama wants to DESTROY America!"/"Liberals are turning your kids trans"/"Illegals are eating your pets"/"Trans bathroom rights = you daughter gets raped"/"the election was stolen!" = the right feels they are in an immediate war for survival; all long term thinking or moral principles get tossed when they believe they must defeat all their enemies NOW before they themselves get wiped out.
They simply don't care about debt, don't care about corruption, don't care about the constitution, so long as Trump and co are oppressing minorities and making the future less liberal they'll support him. Notice I said "less liberal". I did not say "implement conservative policies" because that can be undone if a future election goes D. No, they are quite happy to "make the future less liberal" via undemocratic and unconstitutional rigging, such as gerrymandering, court packing, only nominating Heritage Foundation approved radical right wing judges etc. They do not trust future voters to make the "right" decisions, therefore they are happy happy to support Trump as he takes democracy away.
Again, right wing propaganda has them convinced democrats want to ban church, take their money, trans their kids, and -worst of all- empower minorities to where they can do to whites what whites did to them. It's existential to them that they win at politics, fiscal responsibility hasn't been a concern of theirs for 10 years
crackanape | a day ago
> It's frightening and we're all powerless to stop it.
General strike
nerdy_donkey | 18 hours ago
You have all the power to stop it. It’s just a question of how much you’re willing to do and how much discomfort you can tolerate.
shakeitsugaree_ | a day ago
Cannot believe this idea is still pervasive. Conservatives have NEVER actually cared about fiscal conservatism.
nostrademons | a day ago
For reference, here is the section of Project 2025 on the Federal Reserve.
I'd encourage everybody to read the source material. We are cooked, but not in the way that is implied by your comment or the popular narrative, which is that Donald Trump is going to make the Fed an arm of the executive branch to finance excessive deficit spending and inflate the currency. Rather, it's the opposite:
> Public control of money creation through the Federal Reserve System has another major problem: Government can abuse this authority for its own advantage by printing money to finance its operations.
> A far less harmful alternative is to focus the Federal Reserve on protecting the dollar and restraining inflation.
> To protect the Federal Reserve’s independence and to improve monetary policy outcomes, Congress should limit its mandate to the sole objective of stable money
> A core problem with government control of monetary policy is its exposure to two unavoidable political pressures: pressure to print money to subsidize government deficits and pressure to print money to boost the economy artificially until the next election. Because both will always exist with self-interested politicians, the only permanent remedy is to take the monetary steering wheel out of the Federal Reserve’s hands and return it to the people.
The specific policy prescriptions here are all extremely deflationary. It's a Fed along the thought lines of Austrian Economics and the Mises Institute, one which stays out of day-to-day fluctuations and focuses only on restricting the money supply. He actually recommends a return to the gold standard, where every dollar must be physically backed by gold or other hard commodities:
> Eliminate the “dual mandate.” A far less harmful alternative is to focus the Federal Reserve on protecting the dollar and restraining inflation.
> Limit the Federal Reserve’s lender-of-last-resort function.
> Free Banking. In free banking, neither interest rates nor the supply of money is controlled by the government. The Federal Reserve is e!ectively abolished, and the Department of the Treasury largely limits itself to handling the government’s money
> Commodity-Backed Money. The process of commodity backing is very straightforward: Treasury could set the price of a dollar at today’s market price of $2,000 per ounce of gold. This means that each Federal Reserve note could be redeemed at the Federal Reserve and exchanged for 1/2000 ounce of gold—about $80, for example, for a gold coin the weight of a dime.
> K-Percent Rule. Under this rule, proposed by Milton Friedman in 1960,31 the Federal Reserve would create money at a fixed rate—say 3 percent per year
The takeaway for investors is that if the economy and stock market crashes, this Fed is not going to rescue you. The crash is the point, so that capital can be freed up for people using it for productive purposes rather than financial shenanigans.
bedrooms-ds | a day ago
Either the American democracy already died or is dying inch by inch. It's a matter of semantics.
jpdoctor | a day ago
>We are COOKED.
Well, we're not cooked, but the dollar will be.
linkolphd | a day ago
I sincerely find it concerning that the top comment of this post only contains the negative outlook.
> We are COOKED.
Maybe, obviously there are no guarantees right now. But it is important for people to remember that neither Trump nor his appointees are all-powerful. I don’t know how much you know about the Fed’s inner workings itself, but for anyone who isn’t informed, here is a great article: https://www.npr.org/sections/planet-money/2026/02/10/g-s1-109375/how-much-power-does-the-fed-chair-really-have. It is long, so if lacking in time, perhaps AI could summarize it.
In short, the chair is not all-powerful either. They have never been voted against, but historical evidence suggests that this is mostly a norm and tradition. In an existential crisis for the institution, the nerdy economists on the Board of Governors could indeed vote against the chair’s wishes. The Chair relies on being respected to maintain influence, and apparently Warsh does not have a history of being particularly disrespectful. He has also already pivoted his rhetoric somewhat, and paid tribute to the dual mandate.
My prediction is that the Fed will have to face waves and stress tests like the rest of our institutions, but will likely come out in tact.
Maybe I am wrong, but the idea of proselytizing the dumbed-down adage of “We are COOKED,” is frankly irresponsible in my view.
hai-sea-ewe | a day ago
Yeah, I find those negative outlooks are the lowest-effort form of karma farming. People see the ship going down and are terrified of taking personal responsibility for helping correct it.
All of this works only on consensus. Enough people get pissed off enough, and change happens. But saying "nothing will change," or "we are COOKED," or "it's hopeless," is just a stupid self-fulfilling prophecy. We're not cooked, we're barely out of the freezer.
Lost-Elephant-6628 | a day ago
What personal responsibility should I be taking here to help fix the continual appointment of project 2025 fascists within this administration? Lol what?
Look around at this country and what’s going on. It’s not just this topic that’s concerning, but as a whole the US, is in fact, cooked.
hw999 | 21 hours ago
Right? I am as pissed off as the next guy, and i still have no idea what to do about it. I cant vote any harder or boycott any harder. I built a life that revolves around trusting elected officials and the rule of law. When those contracts are broken what am I supposed to do?
hai-sea-ewe | a day ago
>What personal responsibility should I be taking
Start by running for office and/or supporting those who run for office locally. Develop a thicker skin to work with those who aren't extremists and have at least some common goals but otherwise you fundamentally disagree with.
And most of all, never stop being rationally optimistic. People like you enjoy pessimism because they like being right, and pessimistic attitudes are often self-fulfilling prophecies. The less negative you are, the less chance there is for people to bounce off the real issues.
Lost-Elephant-6628 | a day ago
You don’t even know me though. How do you know what where or how I participate in politics?
We have a president who says they knew absolutely nothing about project 2025, and all of a sudden not only has his administration carried out a good amount of what is in project 2025, the administration is also closely working with them throughout many areas of the government. How am I being a doomer if I’m simply stating what is factual and easily verifiable?
We have a lot of economic data and signs that things are cracking, it’s not doomerist to point them out.
hai-sea-ewe | a day ago
Oh, so you've been active in politics locally?
Geekfest | a day ago
We are in capitalism's final stage, where global capital can't expand or sustain past profits. It now consumes public institutions and key systems, sacrificing democracy, welfare, infrastructure, education, healthcare, and ecosystems for short-term gain.
mld321 | a day ago
Yet some people in this sub insist they don't see any signs of fascism in the USA.
hw999 | 21 hours ago
we call them regaurds.
FnB | a day ago
This is so scary
llell | a day ago
💯
Richandler | a day ago
The fed has never been independent. People keep acting like this. It's partisan and always has been. It's also a product of congress, literally.
Lefties_TheWorst7331 | a day ago
Abolish the fed
Lost-Elephant-6628 | a day ago
Username checks out
windemotions | a day ago
Powell quotes Burke to describe this:
Democratic institutions "take much time, effort, and patience to build but can be torn down all too quickly"
Economy_Zombie_3026 | a day ago
Because, for whatever material purpose they serve, institutions are built on faith of the idea. It reminds me in college when "nihilism" was popular among my friends. I mean, yea, everything is made up and stupid but that "made up" shit is what gives us agreed upon meaning and creates the world. So do you want to be right or have culture?
MAGA is so ironic. They claim all this America First bullshit but don't believe in a single thing that actually makes America great.
BigBootyBardot | a day ago
He’ll implement as much as he can that Trump tells him to and be the useful, sycophant scapegoat. I hope it’s worth it for him, cause it’s not for the average American.
bean930 | a day ago
This is the part that confuses me. Wouldn't it be bad for everyone? The value of the dollar would plummet against global currencies, and the rich become less rich. What's to gain?
DrowningKrown | a day ago
You and I get poor. They have money and assets parked all over the world, especially pedo in chief. On the way down, a lot of people will get more power and more wealthy, again, just not you and I.
DrXaos | a day ago
if the Fed raises rates and keeps them high despite unemployment, which is what this droid suggests, the value of dollar will stay high, but regular people will suffer. I think that is the point of it.
FireFiendMarilith | a day ago
These guys don't have a Scrooge McDuck vault or anything, all their wealth is in assets. If the dollar tanks, they still have all the land, housing, factories, office buildings, ect.
zakkwaldo | a day ago
bankrupt everything, devalue everything, buy it all for pennies on the dollar - then have a market rebuild while ballooning profits on the way back up.... Oh AND leveraging options and other predictive profitability scopes on the pre planned downturn while everything tanks.
trump and his family have already been doing this for years, all of his children own equities or entire companies that bet and prey on falling businesses, then move in and buy the business out for cheap once it burns out. then incorporate it into larger financial clusters to revive it. essentially profiting on the way down and on the way back up for a nice little double dip.
crackanape | a day ago
Quite often you will find that the billionaire class (or their equivalent in various contexts) are happy to diminish the entire system, if it leaves them relatively richer than others.
If you cut rich people's income in half, and cut poor people's income down to 25%, the rich people will be thrilled.
What they care about is that other people are suffering and they are not. Without that gap in suffering they cannot evaluate their own self-worth, and the greater the gap, the better they feel about themselves.
Bucser | a day ago
It is not Trump. He is just the corrupt figure head.
These people are controlled by a group of billionaires who also fund the conservative think tanks
cv_consal | 18 hours ago
fascist regimes thrive on chaos & poor economic conditions. it's the perfect excuse to implement more authoriarian measures when people go to the streets.
Leather-Map-8138 | a day ago
In 2029 there’s going to need to be purge of Nazis from this federal government. All positions hired between 2025 and 2029 must be removed. People can re-apply, demonstrating loyalty to only the US Constitution.
Randomcommenter550 | a day ago
Fuck re-apply. Ban them from ever working for the government again. In any capacity. They've already demonstrated their loyalty is NOT to the Constitution.
[OP] One-Emu-1103 | a day ago
I hope so but I am not holding my breath
ttiredbored | a day ago
I agree I wish it were that easy
hoppinjohncandy | a day ago
Fully expect the ole Democrat reasoning of "let's not dwell on the past but move forward into our bright future (of pleasing the same donors they did but with bigger smiles)."
Leather-Map-8138 | a day ago
Democrats try to help people with stuff like “Medicare” and “Social Security” and stuff like that. Republicans look at this as something to cut to pay for the next billionaire tax break. That’s reality.
Porn0323 | a day ago
[ Removed by Reddit ]
Myusername1- | 22 hours ago
Peretty sure it’s getting set up Where that can’t happen.
roamingandy | a day ago
You think the MAGA are going to allow another party to win?!
Not a chance, they've gone too far and they'd all wind up in jail. This is a revolution and those on the side of Democracy have already lost. Some don't seem to realise it yet as the other side are still doing pantomime about following it.. from time to time when it suits them.
TraditionalHousing65 | a day ago
Nah get this defeatist attitude out of here. You’re playing into their hands. There’s always a tomorrow, and their shitty reign will end at some point. Who knows what that looks like, but people are fighting back TODAY to make sure defeatist posts like this don’t come to pass.
EmphasisBeginning559 | a day ago
This dude isn't even from the U.S., so anything he says about it being over has no real consequences for him.
Just disregard his words as he sits across the pond sipping his tea watching us like a movie
JDVANCEKILLEDTHEPOPE | a day ago
Laughing at the idea that what happens in the states doesn't impact the rest of the world and that what that other person said is just defeatist. Wowsers.
Maybe sitting on the other side of the Atlantic is allowing us to see how deep in the hole you already are as a nation.
Like, let's say the best case scenario comes to pass and you end up with president vance, then what? And let's say you do have elections and vote the republicans out of the house, Senate and White House, who is going to and how do they start to unpick the incredible stitch up the heritage foundation and the ghouls that cooked up P2025 have done already?
How do you get Flock out of your police service? How do you get Palantir out of your military? How do you get the stolen data back from elon? How do you get rid of citizens united? How do you clean up the judiciary? How do you even out the supreme court? How do you deal with ICE and it's monstrous budget? How do you rein in the 24/7 propaganda machine in a country that cares more about the notion of free speech than its effect? How do you keep the most leveraged economy in human history afloat when the world no longer trusts you enough to go on a vacation there never mind do business with you?
It's not being defeatist. It's just being honest. You're on a path you can't turn from now. And we're all going to suffer.
TraditionalHousing65 | a day ago
Wrong. Everything is correctable. Stop doom posting and touch grass
JDVANCEKILLEDTHEPOPE | a day ago
Cope
EmphasisBeginning559 | 15 hours ago
shut up
roamingandy | a day ago
Democratically, its over.
Personally i see that as angry regarding today and the meekness of the past that allowed this to happen. Not so much defeatist about the future, just over the possibility a peaceful solution will be allowed.
I think he'll crash the economy soo hard that there's no-one supporting him except the hard-core MAGA, and then either he and his cronies run to Russia, or use the Police, ICE and military to try and suppress the population, which will turn even more people against him. Probably lead to some states going rouge in both directions.
Trump has no stomach for a fight, so he'll probably run shortly after beginning the latter option.
YoBeNice | a day ago
I also believed this delusion. But then Trump won re-election. This is just what 55% of the country wants. There will be no Nazi-esque purge because there will be no war they loose. We will have to live along side them forever. They have won.
zendogsit | a day ago
Privet comrade hows the troll farm ac today
YoBeNice | a day ago
Comrade, it is HOT. The fan is broken.
Leather-Map-8138 | a day ago
No, it’s not. 190 million people live in states won by Harris. Trump successfully blamed Biden’s for covid and Trump-induced inflation, and with a ton of money deceived enough people to win by 2%. He’d lose today by a mile.
YoBeNice | a day ago
Love your optimism. But Trump successfully blaming Biden only proves the fact that the GOP is as bitter, hateful, brainless and moralless as I believe them to be. I’d love to be wrong.
stakoverflo | a day ago
I don't disagree, but doing such is simply gonna fan the flames of the partisan shit even further unfortunately.
TheTexasHammer | a day ago
Who actually care anymore? There is no healing from this, there is no more reaching across from the right, there is no more care for the future or people from the right. They are completely lost and making them more angry isn't going to do shit at this point. What are they gonna do? Elect a fascist who is trying to destroy the entire country for his own gain?
I would rather have a functional country than keep cow towing to fucking morons.
a_library_socialist | a day ago
Better get guns then
YoBeNice | a day ago
Unfortunately?
stakoverflo | a day ago
Yes? It's just going to reinforce everyone on the right's beliefs that it's purely political gesturing. It'll only solidify their current opinions and increase the existing divide.
Like, they're not just going to suddenly go "Oh, President XYZ is right, all of those people WERE undeserving of their positions! Things are better now!"
YoBeNice | a day ago
Maybe I’m too far gone then, because I see zero percent of the GOP as trustable, believable, rational, reasonable or ethical. They have, however, won. Now it’s just a fight for survival for anyone with a soul, morals, or functioning educated brain.
a_library_socialist | a day ago
The constitution was designed to prevent democracy. Pick a better north star.
NakedPatrick | a day ago
Jesus Christ we’re in trouble, and by we I mean the US, which isn’t me because I’m based elsewhere.
… except the US being in trouble fucks oh, everyone.
[OP] One-Emu-1103 | a day ago
I wish that I were based somewhere else not including somewhere like Siberia, Guantanamo Bay or a prison in El Salvador of course
ScottsTot2023 | a day ago
This right here everyone. If America falls ish gets squirrelly real fast
Tadaaaaaaaaaaaaa | a day ago
I think you mean when.
a_library_socialist | a day ago
Best bet for the rest of us is to detangle from America ASAP
AGreasyPorkSandwich | a day ago
Yes they told us they were going to do this, they wrote this down, and they are doing what they said they will do.
I dont think people understand just how bad this will get. Look at the last few times the executive branch was manipulating the Fed.
AddyTurbo | a day ago
And to round out the staff, why not hire some J6 insurrectionists? If they're good enough for the Pentagon, they've gotta be good enough for The Fed.
DjScenester | a day ago
Well the takeover is almost complete.
The Republicans have nearly taken over the entire country. Would be great if I was a Republican and didn’t follow the constitution or laws.
Sigh
Illustrious-Lime-878 | a day ago
Great if you were a crony insider or donor, otherwise you're in the same boat as everyone else.
landothedead | a day ago
They're only insiders until it becomes useful to throw them under the bus.
WingerRules | a day ago
This is the obvious outcome of a malaportionment system where rural citizens are considered elite citizens whose votes count more than everyone else. People in suburbs and cities are counted as fractions of a person in the electoral college and Senate representation. The Presidency and the Senate get to appoint all the judges, agency heads, military promotions, and government officers. The House has no say.
And now the House is massively going to be Gerrymandered thanks to Republicans on the Supreme Court who ruled there is no right to fair elections and election rigging is allowed (political gerrymandering). Every political scientists has said for decades that in an all out Gerrymandering war Republicans will win and lock out Democrats from nearly ever being able to control the House.
The entire US election system is a Democratic farce.
Know where we rate on Democracy indexes now? We're between Latvia and Botswana and we're no longer listed as a full democracy. Look it up.
dontrackonme | a day ago
constitution says gold and silver are money
Memitim | a day ago
Republicans continue to undermine the US economy via corruption and failure, while defending the Trump-Epstein child sex trafficking ring and committing constant crime.
charlesleestewart | a day ago
We all know how this is going to play out. There will be loose money when Warsh party is in office. There will be tightening when the other party is in. That simple.
United-Vermicelli-92 | a day ago
Will we be putting all the heritage foundation p25 people in prison later bec their ideas are all unconstitutional and illegal for the most part but their delusions of grandeur and greed have them blind to their criminality and lust for unfettered power.
oakfan05 | a day ago
This is important but irrelevant. He hired 2 researchers to help do assessments. Issue is, the 12 person board have been members for a while and don't require this information as they do their own studies. They don't have the votes to implement almost anything, according to how they've voted for the last 6 years. The question will be, if the new researchers provide fake info will the board fact check (we know Powell will) or roll over. Powell won't let the members roll over.
[OP] One-Emu-1103 | a day ago
The Supreme Court used to uphold precedent too
oakfan05 | a day ago
Agreed but their voting record currently disagrees. The Feds board could have been just voting with Trump these last 2 years and they haven't for a reason. They've consistently disregarded what trump has said and wanted.
ktaktb | a day ago
Hiring a proj 2025 author or being connected w proj 2025 in any way should be and would be disqualifying in any serious country.
All_Work_All_Play | a day ago
Powell as ShadowChair being the least bad scenario isn't something I like, but there's a lot of things I don't like about this timeline.
imMatt19 | a day ago
Jpow was actually quite a good pick by Trump. Dude dealt with an absolute firestorm and nearly managed an actual soft landing had it not been for tariffs/Iran.
All_Work_All_Play | a day ago
I like him more than Yellen that's for sure. He's gotten a lot better at his job, and his policy has become better overtime. His spine has stiffened up significantly as well - if you read some of his writings during/post GFC, 2018/2019 Powell seems out of step with both 2010 Powell and 2026 Powell. More or less, policy could have been so much worse it's hard to be upset with him.
Sturdily5092 | a day ago
No matter how much politicians lie and gaslight us, we should never take them at their word.
Just before the presidential elections Republicans dismissed Project 2025 as rumors and even after the book came out that it was just theoretical.
They know what they were doing and that people are basically gullible, all they had to do was deny deny deny... It worked.
UserWithno-Name | 21 hours ago
No one involved with p2025 or the heritage foundation should be in any government position. Least of all part of the board that determines practically the entire economic path for everyone in this country. It's such a damn shame so many willful idiots said project 2025 was a hoax.
A_lonely_impulse | a day ago
Project 2025 or whatever they call it, is just a failure. It destroyed american economy, didnt own the libs, didnt punish black people, it didny bring back jobs to America. Heritage is just rednecks who wear suits.
Zetesofos | a day ago
It's actually a success. The goal WAS to destroy america - so its working as intended.
They want to destroy the country as we know it, and create a techno feudal distopia in its place. Working as intended.
hw999 | 21 hours ago
Yep they goal is and always will be minority rule. They dont want democracy becuuase they know they will never have a majority. Thats why everything they do is about tearing down institutions, community, knowledge, culture. Anything that brings people together is a target of project 2025.
A_lonely_impulse | a day ago
I dont think that was the idea. It was to create a white supremacist state with authoritarian rule. At least that's what maggots voted for
newgrounds | a day ago
If only, amiright
Anonymous_Jr | a day ago
/u/Zetesofos is 100% right, this was always the intent.
Psyclist80 | a day ago
Better watch it America...you are getting close to losing your democracy. Its already fallen down the ranks of democratic rankings in recent year...further erosion and you wont actually get to choose anymore. Youll be fed what to choose and if you dont, there will be consequences. Make a stand now to protect democracy.
SuchDogeHodler | a day ago
Yes, we already know about the Democrats and their plans...
https://www.nbcnews.com/politics/politics-news/playing-waiting-game-california-primary-politics-desk-rcna348143
TheTexasHammer | a day ago
Their plan to actually get representation in the government? The one they need because the right is actively trying to destroy left wing representation?
Sounds like a fucking win to me honestly.
_pul | a day ago
Did you just learn about mail in voting like last week?
Lol-throwaway-WSB | a day ago
And suddenly we know why the "audit Fort Knox" shit appears again.
The amount that the economy would have to contract to return to the gold standard will be absolutely devastating.
The destruction of the petrodollar was also very much planned.
I'm all for a hawkish fed to tame inflation, but the stuff that he wrote is extreme even for my standards.
[OP] One-Emu-1103 | a day ago
GOLD STANDARD ANYONE? Project 2025 advocates for studying the feasibility of returning the United States to the gold standard. The conservative policy platform proposes linking the U.S. dollar to a fixed quantity of gold to restrict monetary expansion, control inflation, and limit the Federal Reserve's traditional lender-of-last-resort capabilities.
Dfiggsmeister | a day ago
It won’t work. You can’t suddenly go from fiat currency to gold standard. It took decades to go from gold standard to fiat. By the time we ended the gold standard in 1976, it was practically already done by that point. And because of how currency foreign exchanges occur in microseconds, you wouldn’t be able to keep up with a gold standard. We would have to essentially disable all electronic and digital banking systems to return to the gold standard.
crusoe | a day ago
People forget private ownership of gold was curtailed while on the gold standard to avoid currency manipulation.
There isn't enough gold in the world to back the US economy / money supply.
[OP] One-Emu-1103 | a day ago
There's this thing called crypto
Dfiggsmeister | a day ago
That’s still fiat money. Gold standard means currency is tied to physical amounts of gold held in reserve as other countries do the same. Hence the gold part of gold standard. The problem with that is if countries don’t hold any gold in their reserves. Most do have gold reserves of some kind but the vast majority of countries use fiat money. With crypto, your money is even more phony than before and more volatile than precious medal standards combined. Plus it also requires digital accounts of some form to run.
nifty-necromancer | a day ago
There’s this thing called bullshit
Littleringtrue | a day ago
But, does USA have the gold any longer in Fort Knox?
crusoe | a day ago
It was moved to the NY Fed Reserve decades ago. Knox hasn't held any gold since the 80s or so.
Littleringtrue | a day ago
Do you think they actually have the gold?
[OP] One-Emu-1103 | a day ago
I can see them doing crypto so they can track everyone's spending
Ghost-of-W_Y_B | a day ago
Yes, Central bank digital currency. CBDC. The government will have unfettered power to control when and where you spend money. It's pretty gross.
hw999 | 21 hours ago
How can we return to the gold standard and still allow banks and credit unions to do fractional lending? It makes no sense. the economy wouls stop dead in its tracks. these people are either enemies of the state or stupid as fuck or both.
Tasty_Trouble6430 | a day ago
This is actually kind of interesting. Warsh was previously very hawkish and a focus on fighting inflation instead of the dual mandate would line up with that. But it’s also the exact opposite of what Trump wants him to do. “Fighting Inflation” is code for raising rates and he’s screaming at the top of his lungs to lower them. How long till he’s blaming others for hiring his longtime family friend?
Rattus_NorvegicUwUs | a day ago
P2025 was no different from them just declaring themselves enemies of this nation. And they have proven that assertion correctly.
If they were brown and Muslim we would have atomized them for putting that shit in writing.
kyledreamboat | a day ago
What do Christians know about in the banking world? The banking world lends out money at a rate that would send Christians to hell if they did it.