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Statement from Jerome Powell

federalreserve.gov

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Re: Statement from Jerome Powell

#661

Post by pjc50 »

eudamoniac wrote: post #651
fyredge wrote: post #445

Earlier quoted context omitted.

This is not a fallacy, simply an opinion you disagree with. But one which I strongly agree with. I'm not American, and though I may not agree completely with the politicians I voted for, I have not been blindsided yet. The second election of Trump is a symptom of Americans either unable or unwilling to look beyond single issues or sports team politics. To then turn around and act surprised is just a way to convenient…

I'm convinced that abortion is the worst thing the Democratic party could have ever taken up. You simply cannot sway a vote of a person who believes you support murdering babies. (I am pro abortion, but a substantial amount of people think it is morally murder.) Those people have to vote R their whole life no matter what. Nothing is worse than murdering babies. Democrats would probably never lose again if they public…

Throwing an awful lot of maternal lives away for that one.

Similar story for lots of other unpopular issues, like the Civil Rights act.

Re: Statement from Jerome Powell

#662

Post by Avshalom »

0ckpuppet wrote: post #588
fyredge wrote: post #445

Earlier quoted context omitted.

This is not a fallacy, simply an opinion you disagree with. But one which I strongly agree with. I'm not American, and though I may not agree completely with the politicians I voted for, I have not been blindsided yet. The second election of Trump is a symptom of Americans either unable or unwilling to look beyond single issues or sports team politics. To then turn around and act surprised is just a way to convenient…

You're missing some history that pushed former Democratic vorers to vote Trump. Taxpayer funding of NGOs that were writing grants to organizations that were effectively censoring onlinespeech. This and the Disinformation Board, and the direct phone calls from US senators and Congressmen to takedown opposition ideas n social media was a direct attack on the First Amendment by the Democrats. Yes Trump's FCC threats ove…

>>Yes Trump's FCC threats over Jimmy Kimmel were also wrong, but he didn't have a government agency doing it to citizens.

so in this sentence do you think the FCC isn't a government agency or that Jimmy Kimmel isn't a citizen?

Re: Statement from Jerome Powell

#663

Post by eudamoniac »

mapontosevenths wrote: post #600
mlrtime wrote: post #570

Earlier quoted context omitted.

I've been reading this topic for years. It is very common with a certain party that the other side votes against their interest, or is too dumb to vote (literacy). You can also see it in race voting, where people will say a certain race is voting against their interest just to vote for someone with the same skin color. It's actually a talking point that actively pushes people away from their cause. Does this type of…

datsci_est_2015 explains it better than I would just a few comments down, but this isn't what I mean. I mean that people who are semi-literate or illiterate are terrible thinkers. They are, in fact, fundamentally incapable of understanding the modern world they find themselves in and are CONSTANTLY taken advantage of. Bad thinkers make bad decisions, and are vulnerable to being manipulated in ways that good thinkers…

> people who are semi-literate or illiterate are terrible thinkers. They are, in fact, fundamentally incapable of understanding the modern world they find themselves in

It is always funny to me that the people making this argument are usually also the people who would view a voting literacy test as abhorrent (not you, necessarily). To me, if we're assuming a large amount of people are too stupid to understand information or know what is good, then it follows that we oughtn't let them decide the direction of the country.

I am genuinely in favor of a brief standardized test in the voting booth, but I think most aren't, especially those who are the most vocal about voter illiteracy/ignorance/stupidity. Follow through with your beliefs, readers. Pick one: are they too stupid to vote, or aren't they? If they are, support a literacy test. If they aren't, stop the ugly rhetoric.

Re: Statement from Jerome Powell

#664

Post by troyvit »

Aurornis wrote: post #429
JeremyNT wrote: post #375

Earlier quoted context omitted.

> There is ample ability to change events, but people must believe they can act and act together, as they have for centuries of democracy and for all human history. This is the political will of a plurality of American voters. They certainly can't claim they didn't know what they would get, and they seem unconcerned by any of these actions that many of us find terrifying. It is difficult to see how we can democracy o…

> This is the political will of a plurality of American voters. This fallacy gets repeated over and over, but it's obviously false. Have you really never voted for a candidate who went on to do things you didn't agree with? It's a quintessential fact of politics that voting for a candidate is not equivalent to an endorsement of everything that candidate does in the future. It's a premise that is obviously false when…

If it's obviously false, can you show research that proves it?

Because from what I see most of this was part and parcel of a published plan. [1] People on both sides either bragged about executing Project 2025 or tried to warn their base about it. People still voted for this, and those who didn't vote at all, by staying home, also voted for it.

This move slots in well with the overall exploration of eliminating the fed completely. [2]

[1] https://en.wikipedia.org/wiki/Project_2025

[2] https://blog.uwsp.edu/cps/2024/09/12/the-project-2025-moneta...

Re: Statement from Jerome Powell

#665

Post by eudamoniac »

pjc50 wrote: post #661
eudamoniac wrote: post #651

Earlier quoted context omitted.

I'm convinced that abortion is the worst thing the Democratic party could have ever taken up. You simply cannot sway a vote of a person who believes you support murdering babies. (I am pro abortion, but a substantial amount of people think it is morally murder.) Those people have to vote R their whole life no matter what. Nothing is worse than murdering babies. Democrats would probably never lose again if they public…

Throwing an awful lot of maternal lives away for that one. Similar story for lots of other unpopular issues, like the Civil Rights act.

Well you can be right, or you can win. This thread is a consequence of being right.

Re: Statement from Jerome Powell

#666

Post by loeg »

naijaboiler wrote: post #627
Tanoc wrote: post #467

Earlier quoted context omitted.

I have a family member like this who I interact with almost every day. When Renee Good was fatally shot in the face three times this family member said that she deserved it for "getting in the way" and that if she just ignored them she wouldn't have been murdered. With all of the video recordings that have come out and been extensively disseminated, pretty much everyone knows that she moved out of the way and stopped…

Conservatives all over have 1 disease. They are incapable of abstract empathy. Until it personally happens to them, or someone very very close to them, they are incapable of noticing injustices or hurts.

That isn't true -- they just prioritize a different set of hurts. To be similarly reductive, leftists seem to only be able to sympathize with criminals and poor decision makers -- not crime victims, or hard workers. The leftist perspective just ignores individual agency.

Re: Statement from Jerome Powell

#667

Post by SpicyLemonZest »

SanjayMehta wrote: post #508
SpicyLemonZest wrote: post #18

Earlier quoted context omitted.

Bootlicking won't save you when Trump decides it's you he'd like to imprison next.

[flagged]

I'm sure a lot of Indian exporters thought they were amused outsiders too, until he randomly applied a 50% tariff to their country. Nearly everyone who imagines that Trump is a sideshow who couldn't possibly affect them is wrong.

Re: Statement from Jerome Powell

#668

Post by SideburnsOfDoom »

kasey_junk wrote: post #561
jacquesm wrote: post #557

Earlier quoted context omitted.

It's nothing. In a sane country Trump would have been impeached many months (or even years) ago and would have never managed to get a second chance at this. If the continuation of the USA hinges on Powell the man should be given a spot on mt. Rushmore, but I don't think that it is going to happen. Congress and the senate are for the most part filled with people that are too afraid to act. And in the meantime a lot of…

He was impeached years ago…

> He was impeached years ago…

"was impeached" means different things in context.

Sometimes it means "articles of impeachment were brought against an official". (1) i.e. that the process starts.

Sometimes it means a later stage in the process, such as those article not being voted down, and a trial proceeding.

In the strictest sense, it means that the process completes - "the official is found guilty, removed from office, and may never hold office again".

Parent comment seems to be using the strictest sense, due to "and would have never managed to get a second chance". You're not helping by using a confusing different meaning.

https://www.usa.gov/impeachment

Re: Statement from Jerome Powell

#669

Post by acoustics »

rsynnott wrote: post #552
nabbed wrote: post #251

Earlier quoted context omitted.

>Of course I would strongly prefer to not be a presidential system at all. Having grown up in the US and having blinders on, I always thought all those parliamentary systems seemed unstable and sometimes comical. But now I see the value in it. Once a leader has demonstrated he is not up to the task, has grown out-of-touch, or has descended into madness, he can be replaced by his party, and if that didn't happen, a no…

Also, the ‘leader’ in a parliamentary system is simply a lot less powerful. The executive is the cabinet, not the PM. The PM usually appoints it, but the ministers don’t get to fall back on ‘just following orders’; they are very much using their own authority. And again there’s always the threat of replacement of PM and re-alignment. Realistically, the threat is more important than the thing itself.

I'm not sure if it's true that the leader is less powerful.

In many countries, it seems that the leader has near total control over candidate selection, and dissent is punished ruthlessly.

In the US, it's easier for a member of Congress to openly dissent against the President's agenda. This was a major thorn in the side for e.g. Joe Biden.

Some Republicans today fear dissenting (though of course, most are enthusiastically on board), but I'm not sure that it would be any different in a place like Canada or the UK.

Re: Statement from Jerome Powell

#670

Post by malshe »

Aurornis wrote: post #435
mapontosevenths wrote: post #120

Earlier quoted context omitted.

> I wonder where you guys are headed. You need to know only two facts about America to guess that: * Fifty three percent of Americans now read below the sixth grade level. * As (ostensibly) a representative Democracy America's fate is dictated by the majority of it's citizens. Our future is to become a broken nation governed by middle-school student level thinking. The only way to build a better America is to build a…

> * As (ostensibly) a representative Democracy America's fate is dictated by the majority of it's citizens. No, it's determined by the people who actually go out and vote. Bizarrely, voter turnout among younger people remains low. It's beyond frustrating to work with large groups of young people who are seemingly always talking politics and angry about something political, then to watch as half of them either forget…

I remember watching a clip from Jimmy Kimmel on YouTube where they asked people on the street in LA whether they planned to vote in the 2024 presidential election. The twist was that they were doing this one day AFTER the election. It was so disappointing to see that many young people had no idea that the election was over and yet they said they planned to vote. One guy even asked who was running.
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