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Statement from Jerome Powell

federalreserve.gov

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Re: Statement from Jerome Powell

#191

Post by zamadatix »

toomuchtodo wrote: post #174
zamadatix wrote: post #162

Earlier quoted context omitted.

This is every part I agree with, with none of falling for the trap of looking bad for doing so. They've already edited the comment and posted a new one. Now the insults stand rather than just what you've said here, which was perfectly even keeled and factual. If you're going to put the energy into refuting something, why bother wasting it by using personal insults to kick it off instead? Uneducated is at least border…

I don’t believe asserting that someone is uneducated or unsophisticated is an insult (if true); it is simply a fact and description, and stands regardless of the content of the post. Where you see malice, I see honesty and truth. “If this, then that.” There are educated people, uneducated people, sophisticated people, and unsophisticated people (and overlap amongst). You will need to tailor your approach accordingly…

Hmm, I suppose people can see words in very different ways. If you're mother asked why the printer never works for her would you tell her she's uneducated and unsophisticated for not knowing before sending a link to the manual? It sounds like perhaps you would, but I wonder how many would really agree that's a neutrally worded approach.

Not for me to decide alone any more than anyone else alone I suppose. Thanks for sharing your perspective on it.

Re: Statement from Jerome Powell

#192

Post by galleywest200 »

colejhudson wrote: post #178
jayd16 wrote: post #169

Earlier quoted context omitted.

He was rewarded with full control of every branch of government. What did we expect?

Through what mechanism is he controlling the other branches of government?

The GOP in Congress abdicating its role and deferring to the executive, as well as SCOTUS continually using the “shadow docket” to rule in his favor with little to no explanation provided.

Re: Statement from Jerome Powell

#193

Post by SpicyLemonZest »

gruez wrote: post #156
collinfunk wrote: post #66

Earlier quoted context omitted.

Even if one grants that it is a small minority, aren't they still voting for someone who advocates for jailing and killing political opponents?

>Even if one grants that it is a small minority It is. What's more, such support is roughly the same across both parties, but both parties vastly overestimate the other side's support. https://www.pnas.org/doi/10.1073/pnas.2116851119 https://x.com/JustinGrimmer/status/1966997411060215960

I consider January 6 to have falsified all research along these grounds. I acknowledge, sure, that virtually nobody wants to see gun battles in the street. But if you can talk yourself into believing that a mob sent to overturn the election and install the loser doesn't count as partisan violence, you can talk yourself into believing all kinds of catastrophes don't count.

Re: Statement from Jerome Powell

#194

Post by toomuchtodo »

zamadatix wrote: post #191
toomuchtodo wrote: post #174

Earlier quoted context omitted.

I don’t believe asserting that someone is uneducated or unsophisticated is an insult (if true); it is simply a fact and description, and stands regardless of the content of the post. Where you see malice, I see honesty and truth. “If this, then that.” There are educated people, uneducated people, sophisticated people, and unsophisticated people (and overlap amongst). You will need to tailor your approach accordingly…

Hmm, I suppose people can see words in very different ways. If you're mother asked why the printer never works for her would you tell her she's uneducated and unsophisticated for not knowing before sending a link to the manual? It sounds like perhaps you would, but I wonder how many would really agree that's a neutrally worded approach. Not for me to decide alone any more than anyone else alone I suppose. Thanks for…

Yes, and she would understand why, but that is certainly different than a throwaway account making antagonistic, inflammatory political statements without citations and ignoring facts, no? Context, intent, and nuance, like facts, matter (imho).

Re: Statement from Jerome Powell

#195

Post by m0llusk »

tds_is_real wrote: post #179

[flagged]

Building is much cheaper than renovation which is much cheaper than preservation. Ambitious project goals preserving unique historical assets make this project inherently expensive.

From https://www.federalreserve.gov/faqs/building-project-faqs.ht... which includes much more detail.

> ... complete overhaul and modernization that preserves two historic buildings that have not been comprehensively renovated since their construction in the 1930s ...

Re: Statement from Jerome Powell

#196

Post by davidw »

gruez wrote: post #177
ceejayoz wrote: post #82

Earlier quoted context omitted.

They chanted “lock her up” en masse as a campaign slogan. The desire to imprison is quite evident.

If citing the behavior of the most rabbid supporters is allowed (because that's who shows up to campaign rallies), then it's not hard to find an equivalent on the left. /r/all is full of people wanting various people in the epstein files, including trump, to be locked up on spurious associations.

Locking people up for crimes is different from locking them up because they are your political opponents. I don't think I've seen people on the left yelling about locking Mitch McConnell up, for instance, even if he bears much responsibility for all of this.

Re: Statement from Jerome Powell

#197

Post by kettlecorn »

jordanscales wrote: post #119

Threats like the ones Powell's receiving would be the end of any other presidency. Why tech elites continue to align themselves with this clownshow will be a source of incredible shame that I'll hold onto forever.

I think a lot of largest tech companies feel that they'll face retribution from the current administration for not being supportive enough but would not from future admins.

For many of the smaller players I think there's unfortunately a lot of people who realized there's significant money to be made in grifting. Many of the largest crypto proponents have pivoted into endeavors, whether crypto or otherwise, that profit off of being rewarded for being part of the 'correct' tribe.

Re: Statement from Jerome Powell

#199

Post by layer8 »

tds_is_real wrote: post #175

[flagged]

Trump has partly himself to blame here. From https://fortune.com/2025/07/23/federal-reserve-renovation-co...:

“Trump appointees to the US Commission of Fine Arts, however, required the project use more white marble to align with a proposed presidential mandate from the president that all new federal buildings be neoclassical in style. This luxury white marble comes from Georgia and has been used extensively in the construction of national landmarks including the U.S. Capitol. Aside from Georgia marble, the materials used throughout the Fed’s renovation are required to be sourced domestically.

“And to match the original marble facades and detailed interiors, the Fed is required to use specialized processes more costly than those allowed in Washington buildings without historical significance or not on the National Mall.”

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