Federal Reserve governor Lisa Cook urged the Supreme Court Thursday to reject President Trump’s effort to fire her, arguing it would harm central bank independence and disrupt financial markets.Really? Pres. Biden appointed Cook because she is a Black woman. She wrote some dopey academic on African colonialism, or some such nonsense, and had no banking expertise. Maybe Biden somehow confirmed that she would do what the Jews want.“Granting the President’s request for immediate relief to alter the status quo would sound the death knell for the central-bank independence that has helped make the United States’ economy the strongest in the world,” Cook’s lawyers argued in a new filing. ...
Cook's lawyers also make the argument that if the Supreme Court sides with Trump, it could have “dire repercussions” for financial markets while risking "chaos and disruption."
The idea that our economy depends on the employment stability of an appointed Black woman banker is absurd.
The Federal Reserve Bank as a whole has been a big failure for a century. Academic research indicate the USA would have been better off without it.
The argument is often made that these bankers should be sheltered from public accountability. The best evidence for this is that Latin American dictators have sometimes used central banks to manipulate the money supply unfavorably. Yes, that's right, but I think the USA is better than that.
The other argument is that Jews have controlled the Federal Reserve Bank for the last few decades, and Jews are good with money if we do not watch them too closely. Jews have a reputation for moneylending that goes back centuries. Okay, I am sure Jews do make better bankers than Black women.
Trump's Secretary of the Treasury is not Jewish but he is gay. Maybe that is just as good.
It is funny to see Kamala Harris say in her book that she did not pick the previous gay cabinet secretary because he is gay, and then try to deny it:
Buttigieg “would have been an ideal partner — if I were a straight white man,” but he was “too big of a risk,” Harris continued.The real problem with Buttigieg is not that he is gay, but that Blacks hate him.Maddow, who is gay, pushed Harris to “elaborate,” adding: “To say that he couldn’t be on the ticket effectively because he was gay, it’s hard to hear.”
Harris quickly jumped in.
“No, no, no, that’s not what I said, that he couldn’t be on the ticket because he is gay,” the former vice president said as she shook her head.
“My point is, as I write in the book, is that I was clear that in 107 days, in one of the most hotly contested elections for president of the United States against someone like Donald Trump, who knows no floor — to be a black woman running for president of United States and as a vice presidential running mate a gay man, with the stakes being so high — it made me very sad. But I also realized it would be a real risk,” she continued.
3 comments:
She's an economist and thus qualified.
Why are "Black" and "Latin American" (adjectives) spelt with a capital?
I think the press started capitalizing Black with the death of George Floyd.
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