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Thread: trumps most ironic comment this year-fed to pround TO ADMIT MISTAKES

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    Werewolf trumps most ironic comment this year-fed to proud TO ADMIT MISTAKES

    All the stupid, mean, spitful etc comments & attacks & he has never, ever admited one of them-even when TOTALLY WRONG, W/O A DOUBT!!

    He admited that Obama was born in the USA, never apologized or admitted he was wrong-that is the closest I can recall......



    WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday the U.S. Federal Reserve must cut rates “bigger and faster” for the United States to be competitive against other countries.

    “Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW,” Trump said in a series of Twitter posts.

    The Republican president has for months been calling on the Fed to lower interest rates to support the U.S. economy.

    His surprise move last week to impose new tariffs here on Chinese imports has thrown the Federal Reserve another curveball that may force it to cut rates more than the central bank had hoped was necessary to protect the economy from trade-policy risks.

    White House trade adviser Peter Navarro on Monday urged the Fed to cut key rates by another three-quarters of a point to a full point by the end of the year to bring U.S. rates in line with rates elsewhere.
    Last edited by Bill; 08-07-2019 at 01:38 PM.
    "There is no question former President Trump bears moral responsibility. His supporters stormed the Capitol because of the unhinged falsehoods he shouted into the world’s largest megaphone," McConnell wrote. "His behavior during and after the chaos was also unconscionable, from attacking Vice President Mike Pence during the riot to praising the criminals after it ended."



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    Werewolf

    His threatening the fed is wrong, you think the child would admit it?? The world knows so do past Fed chairs.


    The past 4 Fed chairs teamed up for an op-ed warning against political meddling amid pressure from Trump to cut rates further
    "There is no question former President Trump bears moral responsibility. His supporters stormed the Capitol because of the unhinged falsehoods he shouted into the world’s largest megaphone," McConnell wrote. "His behavior during and after the chaos was also unconscionable, from attacking Vice President Mike Pence during the riot to praising the criminals after it ended."



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    Trump sure knows how to corrupt people.

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    The Federal Reserve Bank is not actually a Federal Bank- It is a private enterprise business that is contracted by our Treasury for many financial services.

    The Fed rate only applies to the funds Member Banks borrow from the Federal Reserve bank!

    Commercial Banks can charge whatever rate they want for their loans! In fact no Bank in America even has to be a Member of the Federal Reserve Bank!

    But, if you are a Commercial Bank, and you want to borrow money from the Federal Reserve Bank- you have to be a Federal Reserve Member Bank!

    Donnie should spend 10 minutes and learn what the Federal Reserve Bank is and it's role with our Treasury department.

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    He thinks they should be working for him & following orders.

    Many wonder if the current chair is doing exactly that...........
    "There is no question former President Trump bears moral responsibility. His supporters stormed the Capitol because of the unhinged falsehoods he shouted into the world’s largest megaphone," McConnell wrote. "His behavior during and after the chaos was also unconscionable, from attacking Vice President Mike Pence during the riot to praising the criminals after it ended."



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    Quote Originally Posted by Bill View Post
    His threatening the fed is wrong, you think the child would admit it?? The world knows so do past Fed chairs.

    there is no "threat" Trump is allowed to speak his mind -same as you or me

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    Quote Originally Posted by dukkha View Post
    there is no "threat" Trump is allowed to speak his mind -same as you or me

    I will take the word of the four Fed chair, thank you..
    ........
    "There is no question former President Trump bears moral responsibility. His supporters stormed the Capitol because of the unhinged falsehoods he shouted into the world’s largest megaphone," McConnell wrote. "His behavior during and after the chaos was also unconscionable, from attacking Vice President Mike Pence during the riot to praising the criminals after it ended."



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