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© 2019 AFPTrump calls Fed members 'boneheads'
By Nicholas Kamm WASHINGTON©2024 GPlusMedia Inc.
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© 2019 AFP
24 Comments
Chip Star
Hmmm . . . Let's take the side of a guy that bankrupted a casino over members of the Fed. Only absolute morons would so do.
Pukey2
This man child is such a........ what did Chrissy Teigen call him again?
Chip Star
Why?
Just like he made Mexico pay for his wall? Just like he released his tax returns? Just like he took care of the North Korean issue? Just like he replaced Obamacare with something better? Just like he replaced the Iran deal with something better?
Supporters of Donny are well into deluding themselves.
Laguna
Trump exasperated America's debt problem with his reckless tax cuts for the 1%, and as usual, he now wants to evade responsibility by cutting the record-breaking amounts required to service the debt. Of course, he cares nothing for the millions of American retirees who depend on a positive interest rate. Nor does he heed the experiences of such countries such as Japan who clearly demonstrate that negative interest rates are very damaging to the economy. Might as well stash your savings under your mattress.
As icing on the cake, he does so in insulting terms.
SuperLib
Trump is asking for rates lower than Obama got during the Great Recession. What a wuss.
Expect Trump to offer up the farm since the economy is the only thing he has to run on. More tax cuts for me?
CrazyJoe
The little kernel of truth is hidden here; Trump wants to lower interest on his debts. "The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt." Trump has massive debts with Deutsche Bank & wants to refinance.
Have you ever noticed how often Trump's insulting descriptions of others are really descriptions of himself?
Boneheaded?
Fits with "very rude," "low IQ," "crooked," ... we should make a list.
Strangerland
It’s really easy to ramp an economy up. It’s really hard to do that in a manner that doesn’t result in a crash. Ask Bush, he’ll tell you.
This is a dangerous time, as trump is going to do whatever he can to ramp up the economy so he can get re-elected. The question is what the longer term effects of his actions will be.
lincolnman
Bonehead? Yea, that's a pretty apt description of someone who gives billion dollar tax breaks to the Top 1% that blows up our deficit to the highest in history....
Republican fiscal conservative - the modern day Neanderthal....
ulysses
We could call Trump a 'Bonehead', but it difficult to find bones under those jowls of fat.
So I'll call him fathead
lincolnman
Oh, I see you've saw Donne's tax return also - I saw one today too....
It had the total income figure of $1 million crossed out and $100 billion written in black Sharpie....
It also had "No oligarch loans" written in Sharpie also...
In the occupation category "Genius" was written in....
Chip Star
You know Donny would be far richer today had he simply sat in the land he inherited from his daddy instead of trying to play businessperson, correct? You have a very odd definition of "successful businesses."
Chip Star
Its hilarious that POTUS acts like a child.
PTownsend
The amount of money Trump's made in the US and around the globe, and the amount he owes 'international financiers' has long been in question. If he'd show his most current tax info, the American public - excluding the minority who still back him - could find out. And maybe learn how much he and his family have profited from his time in the White House.
ulysses
A few corrections here, we do not know he made billions of dollars, however we do know that he lost almost a billion dollars.
Succesful businesses???
You mean the ones where he declared bankruptcy? He lost money on a casino !!!!! It takes a special kind of loser to lose money on a casino.
Toasted Heretic
I can't wait for him to be arrested. For financial reasons or whatever other crimes.
He'll be asking for a plea deal, no doubt. But the US doesn't negotiate with terrorists, right?
PTownsend
Trump and the GOP are up against come re-election it if the economy weakens.
But I think what happens to the country is less important to Trump, McConnell and the others getting richer in their political positions than what happens to their personal wealth.
Trump knows the rate cuts would benefit him. His highest priority is getting richer while in office, and paying off his debts to 'international financiers'
stormcrow
Trump is just looking for someone to blame for his poor economic judgments, policies and trillion dollar tax cuts for the upper 1%.
It looks like he's running out of road to run on and 2020 is right around the corner. It's going to be fun to watch him lose control, but it's too bad he's the president of the U.S. This could get more dangerous than it already is.
RichardPearce
Has Japan, like so many other countries, been dumping as much of its exposure to the inevitable crash of the American dollar as it can without triggering that crash?
If not, I pity the Japanese public.
Norman Goodman
Does it help any of us to focus on Trump's insults? Should the Fed lower interests rates or not? Either he is right or he is wrong about this and that's all that matters. And if people cannot figure that out they deserve to be ruled by boneheads.
Concerned Citizen
What most Americans don't know is that a 1913 act of Congress created the Federal Reserve Bank and tasked this private company with overseeing the people's money! The Federal Reserve Bank has often been at odds with the incumbent administration. It's a scam set up that does not reflect the will of people. President Trump, if he can, should abolish the Federal Reserve Bank system and put U.S. monetary policy control back into the hands of the people via Congress.
Serrano
Let's take the side of a guy that bankrupted a casino over members of the Fed. Only absolute morons would so do.
Let's not admit that the guy who overall made billions of dollars from successful businesses is right about the Fed. There's nothing federal about the Fed.