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Rhiannon12866

(242,021 posts) Fri Aug 29, 2025, 01:21 AM Friday

Fed Chair Jerome Powell has 'failed': Nobel Laureate economist slams attempted ouster of Lisa Cook - The Weeknight MSNBC

Nobel Laureate economist and distinguished professor of economics at the City of New York Paul Krugman joins The Weeknight to discuss Trump’s repeated attempts to remove Federal Reserve Governor Lisa Cook. - Aired on 08/28/2025.

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Fed Chair Jerome Powell has 'failed': Nobel Laureate economist slams attempted ouster of Lisa Cook - The Weeknight MSNBC (Original Post) Rhiannon12866 Friday OP

The real blame goes to the supreme court who have made unitary executive theory the law of the land. lostincalifornia Friday #1

Thanks! I agree completely! Rhiannon12866 Friday #2

Yes. They are giving unchecked, unprecedented power to the executive branch, and that is unforgivable. Of course I lostincalifornia Friday #4

I'd have to say that Jerome Powell is deserving of enormous credit stopdiggin Friday #3

The credit I would give Powell is his efforts to maintain the independence of that Fed, no matter who was in lostincalifornia Friday #5

lostincalifornia

(4,338 posts)

1. The real blame goes to the supreme court who have made unitary executive theory the law of the land.

Reply to Rhiannon12866 (Original post)

Fri Aug 29, 2025, 01:46 AM

Friday

Last edited Fri Aug 29, 2025, 10:08 AM - Edit history (1)

Unitary Executive Theory says that the president of the US possesses sole unchecked authority, and completely undermines the checks and balances that the founders of the country intended.

Rhiannon12866

(242,021 posts)

2. Thanks! I agree completely!

Reply to lostincalifornia (Reply #1)

Fri Aug 29, 2025, 01:50 AM

Friday

lostincalifornia

(4,338 posts)

4. Yes. They are giving unchecked, unprecedented power to the executive branch, and that is unforgivable. Of course I

Reply to Rhiannon12866 (Reply #2)

Fri Aug 29, 2025, 10:13 AM

Friday

am not referring to what the "media" refers to as the "liberal" judges, which is actually an oxymoron. The media's so-called "liberal judges", are actually upholding the principles built into the Constitution, while the so-called "conservatives" are ripping it up.

stopdiggin

(14,334 posts)

3. I'd have to say that Jerome Powell is deserving of enormous credit

Reply to Rhiannon12866 (Original post)

Fri Aug 29, 2025, 02:43 AM

Friday

BOTH for the way he has handled Trump - and a relatively tricky economic situation. ('soft landing' anyone?) Mostly new ground on both fronts aforementioned - and overall, I'd like to know who would have done better.

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lostincalifornia

(4,338 posts)

5. The credit I would give Powell is his efforts to maintain the independence of that Fed, no matter who was in

Reply to stopdiggin (Reply #3)

Fri Aug 29, 2025, 10:18 AM

Friday

charge.

Unfortunately, that is about to be completely dismantled by the miscreant in the white house, with the help of the congressional republicans.

History will not not represent this period in our country in a favorable light I suspect.

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