7 ms·

This is... just crazy. One of those mostly boring bits of plumbing that has been left to professionals throughout the entire 50 years of my life - and they're t

by davidw 9mo ago

This is... just crazy. One of those mostly boring bits of plumbing that has been left to professionals throughout the entire 50 years of my life - and they're trying to wreck it.

SanjayMehta 9mo ago
[flagged]
- spamizbad 9mo ago
  Jerome Powell is not a Democrat.
  - SanjayMehta 9mo ago
    [flagged]
    - antoniojtorres 9mo ago
      Powerful
      - SanjayMehta 9mo ago
        [flagged]
    - collinfunk 9mo ago
      Trump appointed him. Do you put not blame on him for choosing "uniparty birds" and "shades of grifters"? Or do you live in his colon.
    - mcphage 9mo ago
      [flagged]
      - SanjayMehta 9mo ago
        [flagged]
        jacquesm 9mo ago
        There is absolutely nothing here to be amused about. If you are amused that is only because you are not thinking things through.
        mcphage 9mo ago
        > I am not a USAian, thank goodness. I didn’t say that you were. I said that you were a fool, which you are.
    - JoeJonathan 9mo ago
      Powell is a grifter? The guy who held the US economy together through a pandemic and subsequent inflation?
    - plasticsoprano 9mo ago
      I always appreciate when people make comments like this. It helps identify the trolls or people so completely outside of reality you can mark them as untrustworthy and ignore whatever they say.
      - SanjayMehta 9mo ago
        [flagged]
  - joezydeco 9mo ago
    And he was appointed by Trump during his first term.
  - glenstein 9mo ago
    And it's pitiful that he has to be a Republican for people to credit him with sincerity. I think as much as partisanship itself, poisoning discourse by labeling appeals to evidence or procedural integrity as "partisan" proves too much and gets rid of objective reality entirely, creating space for bad faith actors.
- deleted 9mo ago
  [deleted]
- SpicyLemonZest 9mo ago
  Bootlicking won't save you when Trump decides it's you he'd like to imprison next.
  - SanjayMehta 9mo ago
    [flagged]
    - SpicyLemonZest 9mo ago
      I'm sure a lot of Indian exporters thought they were amused outsiders too, until he randomly applied a 50% tariff to their country. Nearly everyone who imagines that Trump is a sideshow who couldn't possibly affect them is wrong.
    - deleted 9mo ago
      [deleted]
- myko 9mo ago
  The career criminal and literal traitor donald trump deserved to be investigated and deserves to be imprisoned for his many, many crimes.
spamizbad 9mo ago
It's also for very stupid reasons: The fed dropping rates to the degree that would satisfy Donald Trump would greatly accelerate inflation which in turn would further upset voters, who would in turn blame Donald Trump (just like they did Biden before).
- Loughla 9mo ago
  Is it just a cynical view that enough voters can be convinced it's the other side at fault? Someone who supports trump, please let me know the logic on this. Genuinely. I'm trying to read other places about these charges but they're just so slanted that they're not really trustworthy. Is there anything to this, or is it really just to pressure the federal reserve?
  - SpicyLemonZest 9mo ago
    I implore you to stop being credulous before it's too late. Trump supporters deeply believe, and are not shy about saying, that anyone who stops Trump from achieving his political goals should be imprisoned or murdered.
    - pluralmonad 9mo ago
      Holy shit. If you believe even a small minority actually want that, please unplug and talk to real people in meat space.
      - collinfunk 9mo ago
        Even if one grants that it is a small minority, aren't they still voting for someone who advocates for jailing and killing political opponents?
        gruez 9mo ago
        >Even if one grants that it is a small minority It is. What's more, such support is roughly the same across both parties, but both parties vastly overestimate the other side's support. https://www.pnas.org/doi/10.1073/pnas.2116851119 https://www.pnas.org/doi/10.1073/pnas.2116851119 https://x.com/JustinGrimmer/status/1966997411060215960 https://x.com/JustinGrimmer/status/1966997411060215960
abrookewood 9mo ago
It's also completely in character with Trump's behaviour. He is a dictator who wants what he wants and can't abide anyone standing in his way. He wants absolute authority to do as he wishes. This extends to removing foreign heads of state so he can access their countries resources and also threatening 'allies' so he can take their territory. We're watching him systematically destroy any good will or moral authority that the USA held.
- jiggawatts 9mo ago
  He was the owner and CEO of a private company — essentially a dictator without even a board or the SEC keeping him in check. For decades he hasn’t had to tolerate “checks and balances”! Nobody could say “no” and retain their jobs under him. The American public decided to put this type of person in charge. The consequences were predicted.
  - callc 9mo ago
    It goes back before Donald was in charge of the Trump real estate business. It started with a really really shitty father who desired a “killer” business instinct in his children (read: cruelty) above all else. Reading some of Mary Trump’s books will give some insight on the family that Donald grew up in. No love, all cruelty. Donald is just a rich kid who inherited a big business and learned nothing but cruelty from his daddy.
    - senordevnyc 9mo ago
      I disagree, he’s more than that. Lots of people having shitty abusive parents, even lots of wealthy people. There’s something wrong with his brain.
  - mrtksn 9mo ago
    [flagged]
    - garyfirestorm 9mo ago
dboreham 9mo ago
This week's episode of "Not the Epstein Files".
- deleted 9mo ago
  [deleted]
throw0101c 9mo ago
> One of those mostly boring bits of plumbing that has been left to professionals throughout the entire 50 years of my life - and they're trying to wreck it. There is even a more boring and obscure bit of plumbing, the Treasury payment system, that they/DOGE went after last year: * https://arstechnica.com/tech-policy/2025/01/musks-doge-clashes-with-treasury-over-access-to-payment-system-report-says/ https://arstechnica.com/tech-policy/2025/01/musks-doge-clash... * https://news.ycombinator.com/item?id=42904200 https://news.ycombinator.com/item?id=42904200 * https://hn.algolia.com/?q=treasury+payment+system https://hn.algolia.com/?q=treasury+payment+system Every knee must (forced to) bend.
swagmoney1606 9mo ago
There hasn't been a single point in my shorter life so far where things have been this out of control. The fed is supposed to be as non-political as possible. I know politics and the economy are intertwined, but tell me how this won't end up a disaster please. How do we get back to the USA we had even 10 years ago?
- OutOfHere 9mo ago
  [flagged]
  - oenton 9mo ago
    This is the second or third comment I’ve seen online that says this. I’m curious how do you conclude the fed has “never been non-political?” Is this just a matter of using the right terminology? The term “non-political” (also “independent”) isn’t concerned with each board member’s individual party affiliation, or how they vote in elections. It just means that management of the fed and importantly its monetary policy I.e. the federal rate, be guided by data; not influenced by short term goals of politicians and especially not influenced by the President or his administration. (Edit) all that to say, maybe that’s what you meant by “never at an individual level”?
    - OutOfHere 9mo ago
      I have looked at individual votes for far too many years, and they often are politically aligned as per the respective state of the voter. This is not a coincidence, and it's not something to overlook. If the votes were guided by data alone, this pattern would not exist, but it does.
- baby_souffle 9mo ago
  > but tell me how this won't end up a disaster please. Unless you want to split hairs and argue that "disaster" is really only in the middle of the spectrum of plausible outcomes... then there is no outcome here that isn't a disaster. At *best* this only moderately raises inflation in the short-term and somehow the rest of the world isn't shaken too much and the USD somehow still remains a reserve currency. I'm in the "USD looses reserve currency status in 6-48 months" camp but there are some reasonable arguments against this.

by davidw 9mo ago

This is... just crazy. One of those mostly boring bits of plumbing that has been left to professionals throughout the entire 50 years of my life - and they're trying to wreck it.

SanjayMehta 9mo ago

[flagged]

spamizbad 9mo ago
Jerome Powell is not a Democrat.
- SanjayMehta 9mo ago
  [flagged]
  - antoniojtorres 9mo ago
    Powerful
    - SanjayMehta 9mo ago
      [flagged]
  - collinfunk 9mo ago
    Trump appointed him. Do you put not blame on him for choosing "uniparty birds" and "shades of grifters"? Or do you live in his colon.
  - mcphage 9mo ago
    [flagged]
    - SanjayMehta 9mo ago
      [flagged]
      - jacquesm 9mo ago
        There is absolutely nothing here to be amused about. If you are amused that is only because you are not thinking things through.
      - mcphage 9mo ago
        > I am not a USAian, thank goodness. I didn’t say that you were. I said that you were a fool, which you are.
  - JoeJonathan 9mo ago
    Powell is a grifter? The guy who held the US economy together through a pandemic and subsequent inflation?
  - plasticsoprano 9mo ago
    I always appreciate when people make comments like this. It helps identify the trolls or people so completely outside of reality you can mark them as untrustworthy and ignore whatever they say.
    - SanjayMehta 9mo ago
      [flagged]
- joezydeco 9mo ago
  And he was appointed by Trump during his first term.
- glenstein 9mo ago
  And it's pitiful that he has to be a Republican for people to credit him with sincerity. I think as much as partisanship itself, poisoning discourse by labeling appeals to evidence or procedural integrity as "partisan" proves too much and gets rid of objective reality entirely, creating space for bad faith actors.
deleted 9mo ago
[deleted]
SpicyLemonZest 9mo ago
Bootlicking won't save you when Trump decides it's you he'd like to imprison next.
- SanjayMehta 9mo ago
  [flagged]
  - SpicyLemonZest 9mo ago
    I'm sure a lot of Indian exporters thought they were amused outsiders too, until he randomly applied a 50% tariff to their country. Nearly everyone who imagines that Trump is a sideshow who couldn't possibly affect them is wrong.
  - deleted 9mo ago
    [deleted]
myko 9mo ago
The career criminal and literal traitor donald trump deserved to be investigated and deserves to be imprisoned for his many, many crimes.

spamizbad 9mo ago

It's also for very stupid reasons: The fed dropping rates to the degree that would satisfy Donald Trump would greatly accelerate inflation which in turn would further upset voters, who would in turn blame Donald Trump (just like they did Biden before).

Loughla 9mo ago
Is it just a cynical view that enough voters can be convinced it's the other side at fault? Someone who supports trump, please let me know the logic on this. Genuinely. I'm trying to read other places about these charges but they're just so slanted that they're not really trustworthy. Is there anything to this, or is it really just to pressure the federal reserve?
- SpicyLemonZest 9mo ago
  I implore you to stop being credulous before it's too late. Trump supporters deeply believe, and are not shy about saying, that anyone who stops Trump from achieving his political goals should be imprisoned or murdered.
  - pluralmonad 9mo ago
    Holy shit. If you believe even a small minority actually want that, please unplug and talk to real people in meat space.
    - collinfunk 9mo ago
      Even if one grants that it is a small minority, aren't they still voting for someone who advocates for jailing and killing political opponents?
      - gruez 9mo ago
        >Even if one grants that it is a small minority It is. What's more, such support is roughly the same across both parties, but both parties vastly overestimate the other side's support. https://www.pnas.org/doi/10.1073/pnas.2116851119 https://www.pnas.org/doi/10.1073/pnas.2116851119 https://x.com/JustinGrimmer/status/1966997411060215960 https://x.com/JustinGrimmer/status/1966997411060215960

abrookewood 9mo ago

It's also completely in character with Trump's behaviour. He is a dictator who wants what he wants and can't abide anyone standing in his way. He wants absolute authority to do as he wishes. This extends to removing foreign heads of state so he can access their countries resources and also threatening 'allies' so he can take their territory. We're watching him systematically destroy any good will or moral authority that the USA held.

jiggawatts 9mo ago
He was the owner and CEO of a private company — essentially a dictator without even a board or the SEC keeping him in check. For decades he hasn’t had to tolerate “checks and balances”! Nobody could say “no” and retain their jobs under him. The American public decided to put this type of person in charge. The consequences were predicted.
- callc 9mo ago
  It goes back before Donald was in charge of the Trump real estate business. It started with a really really shitty father who desired a “killer” business instinct in his children (read: cruelty) above all else. Reading some of Mary Trump’s books will give some insight on the family that Donald grew up in. No love, all cruelty. Donald is just a rich kid who inherited a big business and learned nothing but cruelty from his daddy.
  - senordevnyc 9mo ago
    I disagree, he’s more than that. Lots of people having shitty abusive parents, even lots of wealthy people. There’s something wrong with his brain.
- mrtksn 9mo ago
  [flagged]
  - garyfirestorm 9mo ago

dboreham 9mo ago

This week's episode of "Not the Epstein Files".

deleted 9mo ago
[deleted]

throw0101c 9mo ago

> One of those mostly boring bits of plumbing that has been left to professionals throughout the entire 50 years of my life - and they're trying to wreck it. There is even a more boring and obscure bit of plumbing, the Treasury payment system, that they/DOGE went after last year: * https://arstechnica.com/tech-policy/2025/01/musks-doge-clashes-with-treasury-over-access-to-payment-system-report-says/ https://arstechnica.com/tech-policy/2025/01/musks-doge-clash... * https://news.ycombinator.com/item?id=42904200 https://news.ycombinator.com/item?id=42904200 * https://hn.algolia.com/?q=treasury+payment+system https://hn.algolia.com/?q=treasury+payment+system Every knee must (forced to) bend.

swagmoney1606 9mo ago

There hasn't been a single point in my shorter life so far where things have been this out of control. The fed is supposed to be as non-political as possible. I know politics and the economy are intertwined, but tell me how this won't end up a disaster please. How do we get back to the USA we had even 10 years ago?

OutOfHere 9mo ago
[flagged]
- oenton 9mo ago
  This is the second or third comment I’ve seen online that says this. I’m curious how do you conclude the fed has “never been non-political?” Is this just a matter of using the right terminology? The term “non-political” (also “independent”) isn’t concerned with each board member’s individual party affiliation, or how they vote in elections. It just means that management of the fed and importantly its monetary policy I.e. the federal rate, be guided by data; not influenced by short term goals of politicians and especially not influenced by the President or his administration. (Edit) all that to say, maybe that’s what you meant by “never at an individual level”?
  - OutOfHere 9mo ago
    I have looked at individual votes for far too many years, and they often are politically aligned as per the respective state of the voter. This is not a coincidence, and it's not something to overlook. If the votes were guided by data alone, this pattern would not exist, but it does.
baby_souffle 9mo ago
> but tell me how this won't end up a disaster please. Unless you want to split hairs and argue that "disaster" is really only in the middle of the spectrum of plausible outcomes... then there is no outcome here that isn't a disaster. At *best* this only moderately raises inflation in the short-term and somehow the rest of the world isn't shaken too much and the USD somehow still remains a reserve currency. I'm in the "USD looses reserve currency status in 6-48 months" camp but there are some reasonable arguments against this.