Dudley wrote that the Fed should refrain from bailing out Trump on the economy and the trade war with China. Otherwise, he warns, the country risks re-electing the president in 2020. [We agree that the Fed should not bail out the Trump administration – but that’s because we don’t think it should bail out any administration. When we approve of the Fed doing this because we like or dislike the current President, we endorse the idea that the Fed has and should exercise such power. In other words, we validate the power. A very bad idea.] GEG
Imagine an organization that can grow an economy as fast it can destroy it. This institution can make presidents kings and then transform them into court jesters. The smartest men in a room situated on 2051 Constitution Ave can choose to increase the value of money in your wallet or make it worth less than single-ply generic brand toilet paper.
Well, this is not a fictitious body found in a dystopian novel. It is right here in the real world. It is the Federal Reserve System. Cue The Twilight Zonetheme song.
Burning Down Trump White House
Former New York Fed Bank President William Dudley recently penned a scathing op-ed on Bloomberg News titled “The Fed Shouldn’t Enable Donald Trump.” Dudley wrote that the central bank should refrain from bailing out Trump on the economy. He believes that the Eccles Building must cease enabling the administration by accommodating policy to Trump’s whims, otherwise, he warns, the country risks re-electing the president next year.
Dudley, who served as NYFRB head from 2009 to 2018, stated that his former employer needs to avoid coming to the president’s aid in his trade war with China. The tit-for-tat dispute has escalated over the last month, though both sides are ostensibly returning to the negotiating table. He explained that the Fed needs to send a clear message that it is Trump, not the Fed, bearing the risks and responsibility of the prolonged trade spat.
But the biggest revelation in Dudley’s piece is how far some people would go to stop Trump earning a second term.
“After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives. If the goal of monetary policy is to achieve the best long-term economic outcome, then Fed officials should consider how their decisions will affect the political outcome in 2020.”
This essentially hints that Fed monetary policy can pick US presidents.
The Department of Health and Human Services pursued faith leaders who were paid off in the spring of 2021 to push COVID-19 ‘vaccines’ on their trusting congregants. Over 20 million deaths have been linked to dangerous COVID injections worldwide.
The Tavistock NHS trust benefited financially from its children’s gender clinic and it had become a major revenue stream by 2020. LGBT groups wielded tremendous power within the NHS, the political system and the media, which frightened people to challenge the orthodoxy.
Ervin Jeovany Alfaro-Lopez of El Salvador was working as a teacher in a church in Maryland when he allegedly raped four children. Police believe more victims may come forward. The victims’ ages ranged from 6-12 at the time of their abuse.
Haitian gangs organized under Jimmy ‘Barbecue’ Cherizier oppose rule by leaders who do not represent the people. Cherizier says that the foreign forces [including the US] aim to consolidate the power of the oligarchs who are only 5% of the population but own 85% of the wealth. He is fighting against foreign forces.
Denmark plans to increase the number of young people doing military service by extending conscription to women and increasing the time of service from 4 months to 11 months for both genders. The government wants ”full equality between the sexes.”
G. Edward Griffin interviewed Yuri Bezmanov, a Soviet KGB operative who defected to the United States. Bezmanov listed the four stages of “ideological subversion” created by radical Marxists to indoctrinate and weaken nations from within.
Owens explained that the CIA and the Military Industrial Complex are behind the ban of TikTok because Gen Z has shown disregard for supporting never-ending wars in the Middle East. The Jewish Federations and the ADL called on Congress to shut down TikTok, accusing the platform of allowing antisemitism to “run rampant.”
John Barnett, 62, reportedly shot himself in the head in his truck just as he was set to give a third day of testimony in a deposition in his whistleblower retaliation case against Boeing. He worked for Boeing as a quality control manager and went public about his concerns over serious safety issues.
Maurnice DeClue, 15, was arrested and charged with assault following a fight that caused a severe head injury to 15-year old Kailee Gain near the campus of Hazelwood East High School on March 8, 2024. A video that went viral appears to show an attacker repeatedly smash Kaylee’s skull on the pavement
Lord Balfour was foreign secretary in 1917 when a declaration was made pledging Britain’s support for the establishment “a national home for the Jewish people” in Palestine and has been seen by some historians as a starting point for the Arab-Israeli conflict.
Sweden, a historically neutral country, became a member of NATO, extending Western bloc territory amid propaganda that Russia’s invasion of Ukraine could spill into eastern Europe. Recently, a Swedish official warned that “there could be war in Sweden”.
A new bill is set to pass into law that would pay up to $2000 to people who call a government hotline to report hate crimes and “bias incidents”. A “bias incident” is speech that is an “expression of animus” where criminal investigation and prosecution are deemed “impossible or inappropriate”.
The IHRA violates free speech as it forbids criticizing Jewish power in the media, economy and banking. Disagreement of facts about the Holocaust is banned. Accusing Jews of being more loyal to Israel rather than the country where they live is condemned.
A former covert CIA intelligence officer, explains that people are motivated by ideology, ego, reward and coercion. He reveals how you can avoid media manipulation by learning about advertising that uses emotion to craft messages followed by a logical narrative.
Sam Melia was sentenced to 2 years in prison after being found guilty of inciting racial hatred for an online collection of about 200 downloadable stickers that contained anti-immigration messages for activists. Melia claimed the stickers were intended to “start a conversation”.
Dr. Eric Berg explains the importance of dental health as it affects heart health and he recommends K2, which can be obtained from diet and supplements, to reduce plaque in arteries.
Judge William Hayes ruled that California’s law forbidding a citizen from purchasing more than one firearm, or a “precursor” such as a receiver, per month, is unconstitutional.
Glenn Greenwald said that Nuland’s career illustrative of the fact that US foreign policy doesn’t change, as both parties have the same foreign policy, no matter who you vote for. She worked under Republican Bush and Democrats Obama and Biden.
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For Sale
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
The Fed loaned $162.9 billion with 72% going to just six mutual fund families: Federated, JPMorgan, Morgan Stanley, UBS, Wells Fargo, and BlackRock. The Fed is supposed to be the lender of last resort to commercial banks in the US – not the lender of last resort to the trading houses on Wall Street.
G. Edward Griffin explains how he began his career and a short explanation of the Federal Reserve System that is allowed to exist because people don;t understand what it is: legalized plunder. Mr. Griffin also comments on inflation, digital currency, real estate and the free market.
G. Edward Griffin gives an extensive and in-depth interview on topics ranging from the philosophical to health to the structure of power. He said that the three most profitable industries, healthcare, munitions and banking, are dominated by the same dynasties who are dominating the majority of the human race.
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Ed LaPinskas
4 years ago
Best bet: End the Fed and end Dudley.
Both are a detriment.
gourdhead
4 years ago
This disgusting nongovernment agency needs to be permanently banished from our country.
Former New York Federal Reserve President William Dudley Wants the Fed to Sabotage Trump’s Re-election in 2020 | WeAreChangeTV.US
4 years ago
[…] 2, 2019 ZeroHedge No Comments This post was originally published on this […]
Best bet: End the Fed and end Dudley.
Both are a detriment.
This disgusting nongovernment agency needs to be permanently banished from our country.
[…] 2, 2019 ZeroHedge No Comments This post was originally published on this […]