Does the DNC have full control over the Fed?

@whodey said
He also appointed Jeff Sessions who stabbed him in the back by recusing himself so that Mueller could be appointed for the witch hunt.

And if they don't turn on Trump, the Swamp will take them down like they do everyone else around Trump.

A tear for poor persecuted Donald Trump. 😢

For Jeff Sessions to have not recused himself from an investigation of Trump campaign contacts with Russians WHEN he was in the Trump campaign and was in contact with Russians would have been an incredibly blatant and egregious ethical violation.

@no1marauder said
A tear for poor persecuted Donald Trump. 😢

For Jeff Sessions to have not recused himself from an investigation of Trump campaign contacts with Russians WHEN he was in the Trump campaign and was in contact with Russians would have been an incredibly blatant and egregious ethical violation.

Big woo!

Eric Holder was held in criminal contempt from Congress but just flipped them the bird.

Fed seems to be trying to create a recession:

Given that prices are rising only marginally, and that there is no evidence yet that wages are going to push inflation up much further, one might wonder why the Federal Reserve is so committed to raising interest rates this year. After all, the economy was doing fine back in 2012, and the Federal Reserve failed to take any action back then.

What’s the rush? Is there some politics at play?

Inflation According to Obama and Trump

With the Federal Reserve being a complete cheerleader for almost the entire length of the Obama presidency makes one wonder whether the Federal Reserve only thought the Obama administration was merely a poor choice for the economy.

Interestingly, through 15 months of the Obama administration, inflation was up about 2.6%. Over the same amount of time, inflation is up only 2.2% during the Trump administration.

In looking at Federal Reserve actions on its federal funds target rate over the Obama and Trump administrations, it appears quite clear that something is going on there at the Federal Reserve when it comes to politics. What is going on is the question.

https://www.valuewalk.com/2018/05/federal-funds-target-rate/

@whodey said
Fed seems to be trying to create a recession:

Given that prices are rising only marginally, and that there is no evidence yet that wages are going to push inflation up much further, one might wonder why the Federal Reserve is so committed to raising interest rates this year. After all, the economy was doing fine back in 2012, and the Federal Reserve failed to take any acti ...[text shortened]... s. What is going on is the question.

https://www.valuewalk.com/2018/05/federal-funds-target-rate/

Only an economic dunce could write such an article. The economy in 2012 was still recovering from the Great Recession that Obama inherited; unemployment was still over 8%. http://www.ncsl.org/research/labor-and-employment/national-employment-monthly-update.aspx

And inflation, disregarding the volatile food and fuel categories, is worse under Trump:

The Core CPI, which excludes food and energy, increased from 2.3% year over year for June to 2.4% in July. This is the highest Core CPI in over 10 years.

https://www.forbes.com/sites/chuckjones/2018/08/11/trumps-economic-scorecard-higher-inflation-flat-wages-and-a-ballooning-federal-deficit/#6ff80b4022fa

The idea that a bunch of bankers are conspiring to cause a recession because they are a bunch of liberal Democrats out to sabotage Donald Trump is tinfoil hat madness.

@philokalia said
Is it a conspiracy to believe that various institutions in Washington DC operate autonomously?

"Autonomous" is exactly te opposite of what whodey claimed.