In the sort of classic psychological projection that is part and parcel of delusional leftist mentality, these people froth at the mouth while accusing the opposition of having exactly the same failings they exhibit.
Example: Leftists insist all Trump supporters are cult members blindly supporting Trump and incapable of rational thought that would allow disagreement. And the left didn’t neatly overlook the many foibles of Clueless Joe Biden, for example?
But many of the MAGA types I know do disagree at times with Trump. The ongoing flap over possibly charging Federal Reserve Chairman Jay Powell for allegedly fibbing to Congress is one of those times for me.
Powell put out a video over the weekend saying the justice department investigating him criminally for misstating aspects of the ongoing Fed building renovations while testifying to Congress was all political retribution because he hasn’t reduced interest rates as quickly as President Trump would have liked.
Yes, Jay, it sure does look political, just as your virtually unprecedented rate cut – and 50 basis points at that instead of the more common 25 basis points – just before the 2024 election looked like you were being political and trying to shepherd Cackling Kamala over the finish line in her race with Trump.
Trump holds a grudge. Consider many believe he decided to run for president in large part because Barry Obama chided him at a public event that he lacked credentials to serve in the office, as Barry did, for two terms.
Trump now has won two presidential elections, and many think a third, either matching or exceeding Barry’s total depending on your views regarding 2020, and either way has stripped Mr. Hope and Change of any more snippy one-liners.
You see, Barry holds grudges, too. Most politicians do.
But Trump is making a mistake in going after Powell. He’s rocking the boat unnecessarily since Powell’s term as Fed chairman is set to end in May, even though Powell could remain on the board of governors for two more years.
Perhaps Trump wants him gone totally, and has seen enough of a political bent in Powell that he knows the wizened guy will hang on as long as possible just to continue to play politics with the nation’s monetary policy.
Regardless, I think Trump should just let Powell’s chairmanship reach its expiration date, like a gallon of rancid milk, and move on with his agenda. Deal with Powell in a reduced role if needed down the line.
Investment markets were reacting to the Powell news early Monday. Gold was up more than $100 an ounce and silver was up more than $5. Stock market averages were down considerably.
Stock and bond markets want stability and everyone to get along. The precious metals markets tend to rise when people don’t get along.
I’m making money on the precious metals rise, but this is just one of Trump’s actions with which I disagree. It doesn’t mean, however, that I don’t support most of his acts and want more of the same.
This merely is a case of a MAGA type being a rational thinker, something those on the left might want to try for a change.
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