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Statement from Jerome Powell

federalreserve.gov

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Re: Statement from Jerome Powell

#751

Post by marcusverus »

throwaway902984 wrote: post #740
marcusverus wrote: post #697

Earlier quoted context omitted.

He's clearly alluding the fact that the Biden admin did far worse. The great sin of Trump's FCC was a single ill-advised tweet by FCC chair Brendan Carr... in which he threatened to enforce the law as written. For comparison, the Biden admin's FBI actively engaged in purely political media manipulation in service of the sitting president's campaign, such as when they lied to Facebook (and presumably others) to "prebu…

He wrote that the FCC wasn't a government agency. Hard to argue that is correct, or that their political pursuit of one of trump's "enemies" isn't actually political. It was more that a tweet no, but an interview with Benny johnson, an avowed political figure paid by Russians at one point?

> He wrote that the FCC wasn't a government agency. Hard to argue that is correct

You're harping on a detail that hardly matters in order to avoid the broader point, which is rather silly. The FCC is a government agency. Brendan Carr made an ill-advised tweet, which doesn't hold a candle to Biden's use of the FBI to spread misinformation and induce censorship for political purposes.

> or that their political pursuit of one of trump's "enemies" isn't actually political.

Of course it's political. It's political when both sides do it.

> ...paid by Russians at one point

Ah, I see that I'm wasting my time here.

Re: Statement from Jerome Powell

#752

Post by aisengard »

beepbooptheory wrote: post #729
Aurornis wrote: post #435

Earlier quoted context omitted.

> * 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…

Maybe ask the young people if they actually wanted to vote for the options they had, before jumping to them being apathetic or hypocritical. And yes, I know the adult-in-the-rooms will be quick to point out that its simply rational and responsible to hold your nose and vote for the lesser evil, and the kids should know that, etc etc. But while it may be a good prescription to people, it doesn't actually address the p…

I mean, they tried that in the primaries and young people still stayed home. If they actually came out in force for Bernie like you said they would, he would have won every primary. Young people simply don't vote because of a lot of different reasons. Probably some of the reasons are immaturity and a lack of belief that they have agency, which is understandable given how society works in the US. You have basically zero rights until you turn 18, at which point you are magically able to vote! Do you believe you have the ability to affect the world at that point? Of course not.

"Put up candidates that don't suck" in this context is basically "put up candidates who will cater to young voters at the expense of literally every other constituency", which is exactly the reason Bernie lost in 2016, and lost even harder in 2020. You can't focus only on one group of people, even if that's the only way to drive their turnout. It's just a losing game, clearly not one worth playing with a group of people who don't yet understand that other people exist, with other priorities.

Re: Statement from Jerome Powell

#753

Post by bluGill »

exe34 wrote: post #719
bluGill wrote: post #691

Earlier quoted context omitted.

That was the point. democrats often point out those rare cases where the womens life is in danger and then use that as the absolute we must allow all abotions. Nobody will argue for the compromise and so you lose a lot who won't acpept the absolute.

any bill to ban abortions (because "muh sacred life") should include funding for childcare, medical coverage, and school lunches. Pro-lifers are unfortunately only pro births when it comes to voting.

That does not follow. That you think it does shows how little you understand the complexity of what people think.

Re: Statement from Jerome Powell

#754

Post by aisengard »

quinndexter wrote: post #529
Aurornis wrote: post #188

Earlier quoted context omitted.

> One day, maybe we will rebuild from scratch The current situation is bad, but this is just doomerism. The current administration will end. Trump can't live forever. His approval rating is already low and falling. We're in for a bumpy ride, but then it's going to start reverting toward the mean. Not necessarily back to the way things were, but periods of extreme like this are followed by a reversion to the mean more…

Five people are voting on what to have for dinner. Three people vote for pizza. Two people vote for "You three." Pizza has won, but there is still a massive problem in that room.

Gonna have to force-feed them enough pizza, maybe tricking them that it's causing the other three great pains to give it to them. Fortunately, it's been shown that these people are very easily tricked.

Re: Statement from Jerome Powell

#755

Post by cycomanic »

marcusverus wrote: post #697
Avshalom wrote: post #662

Earlier quoted context omitted.

>>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?

He's clearly alluding the fact that the Biden admin did far worse. The great sin of Trump's FCC was a single ill-advised tweet by FCC chair Brendan Carr... in which he threatened to enforce the law as written. For comparison, the Biden admin's FBI actively engaged in purely political media manipulation in service of the sitting president's campaign, such as when they lied to Facebook (and presumably others) to "prebu…

You're joking right? People got arrested and jailed for posting a Kirk meme https://edition.cnn.com/2025/12/17/politics/retired-cop-jail...

Let's not even talk about all the other rhetoric of arresting and even killing people who voiced different opinions coming from the current regime.

Re: Statement from Jerome Powell

#756

Post by _DeadFred_ »

gruez wrote: post #408
_DeadFred_ wrote: post #327

Earlier quoted context omitted.

Fucking wild. You can't get more mainstream opinion than this guy. Trump regularly has phone calls on air with this person, he's isn't a random someone on TV. He is one of the administrations goto mouthpieces for communicating this administration's policy on the largest news station. They are workshoping/normalizing MURDERING UNDESIRABLES on their MAINSTREAM MEDIA by hosts that the president ROUTINELY USE TO BROADCAS…

>He is one of the administrations goto mouthpieces for communicating this administration's policy on the largest news station. Source? Maybe you should update his wikipedia page because it doesn't even mention his involvement with the second Trump administration. https://en.wikipedia.org/wiki/Brian_Kilmeade

[flagged]

Re: Statement from Jerome Powell

#757

Post by eudamoniac »

murph-almighty wrote: post #735
eudamoniac wrote: post #663

Earlier quoted context omitted.

> 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 informa…

https://en.wikipedia.org/wiki/Literacy_test The problem (like with voter ID laws in the US) is that it's a very slippery slope to voter suppression, and in the US we have a very creative history when it comes to voter suppression. You'd have poll workers who would present incredibly hard passages to read to voters based on a personal judgement call (read: black voters). I (not OP) agree that dumb people voting is a p…

I don't know why objections to voting tests usually pretend we're in 1850. We have standardized tests, already, nationwide. It's a solvable problem. We wouldn't contingent a vote on a random poll worker's choice of passage to read.

Re: Statement from Jerome Powell

#758

Post by LastTrain »

bpt3 wrote: post #712
LastTrain wrote: post #610

Earlier quoted context omitted.

He is the most popular Republican president, among other Republicans, we have had in our lifetime. Anecdotal: I live in a red state with red friends and red family. They might not like this or that but they are unwavering in their support for Trump the man. It is still very uncomfortable to say even the most superficially negative thing about him or his policies. So, maybe there is some internal dialog going on there…

When you say "our lifetime" you must be talking about people who were born after 2004? Reagan was certainly more popular among Republicans, and I think W was at the end of his first term (he definitely was right after 9/11 when approval ratings for anything American were approximately 100% within America).

Your intuition about this is wrong. Reagan's approval among Republicans averaged about 83%, Trump's numbers are typically over 90%, although currently he's down to an all-time low of around 85%.

You are quite wrong about GW as well. While he had a mandate, at first, for Iraq, he was deeply polarizing in pretty much every other regard.

Re: Statement from Jerome Powell

#759

Post by immibis »

paulryanrogers wrote: post #578
immibis wrote: post #530

Earlier quoted context omitted.

That's half the problem. Democrats aren't offering much.

What do you think would be "much"? Because even just the boring sanity of Biden Harris was leagues better than what we all saw coming in 2024. (Putting aside that whole constitutional amendment about insurrections.)

Maybe they could promise to make the rent lower. Or to make abortion legal. Or to stop bombing 2 million brown children in the Middle East. Or literally anything people actually want, instead of running on the singular platform or "obviously they'll vote for us because we're not the Republicans". People are getting really tired of the latter. Notice every time a candidate comes out who actually promises things people want he wins by a landslide?

Re: Statement from Jerome Powell

#760

Post by AnimalMuppet »

eudamoniac wrote: post #757
murph-almighty wrote: post #735

Earlier quoted context omitted.

https://en.wikipedia.org/wiki/Literacy_test The problem (like with voter ID laws in the US) is that it's a very slippery slope to voter suppression, and in the US we have a very creative history when it comes to voter suppression. You'd have poll workers who would present incredibly hard passages to read to voters based on a personal judgement call (read: black voters). I (not OP) agree that dumb people voting is a p…

I don't know why objections to voting tests usually pretend we're in 1850. We have standardized tests, already, nationwide. It's a solvable problem. We wouldn't contingent a vote on a random poll worker's choice of passage to read.

A solvable problem, but someone chooses and implements the solution. Now imagine that person is from a party that you disagree with, and is highly motivated to find a way to tilt the playing field.
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