Ok, my other fave nerdy civil servant is the Senate Parliamentarian - who decides (among other things) whether or not legislation is budgetary or not, and therefore, if subject to a filibuster vote or a simple majority. (I think, but correct me if I’m wrong). So far, it’s still non-partisan, but that’s what we used to say about the OMB (pre Russell Vought). PS: Will Saletan gets the win with “Tacometer” - he always finds the pony in this ever-growing pile of crap!
Times are strange. In an era where one party is failing down, we have two members there who stand tall. One living, one dead. Jerome Powell, who actively upholds his constitutional oath to the American people, and Robert Mueller. Whose acts and contributions on behalf of us seem almost unquantifiable, when we consider them as a totality and in their context.
Trump never met a government agency that he didn’t try to control or intimidate. I think he may be the only person in the government that is dumber than Tommy Tuberville RFK Jr and Pete Hegseth are in the race to the bottom.Trump’s favorite phrase may be, “You’re fired.” Trump thinks his gut is smarter than anyone. The man who bankrupted several businesses thinks he can give financial advice.
"When the index gets higher, a TACO is supposed to be more likely to happen."
Trump has TACO'd twice on U.S. military strikes against Iran energy sites in the last week! At this rate I'm going to be sick of TACOs before Cinco de Mayo even gets here. 🌮
Open Question: some think all the public Fed “communication” that Jerome Powell has brought to the markets has been unhelpful or even negative. Should Kevin Warsh put an end to some of it?
Powell is like many in government. They are experts but channel their experience in managing something important but also difficult. These folks work in a non partisan manner and rarely get all that much attention. The DOJ was full of them. So is the EPA. But they have no value to Trump and his lackeys
If I wrote that, it would be past tense. DOGE & tRump lackies continue to hollow out the experience & expertise so necessary to good, fair governance. And if the tRump era does end, it will take years to fix. I hope we have Rampell for many years to help us understand the multitude of economic issues ahead.
Ever since I was a little kid I was fascinated by government and knew that's what I wanted to do when I grew up. I fantasized about all the jobs: diplomat at State, elected; congressional staffer; apparatchik at the bureau of land management. You name it my nerdy ass considered it for a career.
Except for working at the Federal Reserve. I figured that was too wonky even for me; and I love a good debate about R*
Ordinarily I'd agree with your contention that the Chairman of the Federal Reserve is not an appropriate recipient of an award such as the Profile In Courage Award.
If only we were living in ordinary times when 95 of the 100 people you stopped on the street would reply with "Jerome who?" if asked if they knew who Jerome Powell was.
I don't view him as a leader of the resistance, but sincerely appreciate his character and yes, his "courage" in standing up for the institution he holds so dear. If only there were more people like him in Washington.
Ok, my other fave nerdy civil servant is the Senate Parliamentarian - who decides (among other things) whether or not legislation is budgetary or not, and therefore, if subject to a filibuster vote or a simple majority. (I think, but correct me if I’m wrong). So far, it’s still non-partisan, but that’s what we used to say about the OMB (pre Russell Vought). PS: Will Saletan gets the win with “Tacometer” - he always finds the pony in this ever-growing pile of crap!
Times are strange. In an era where one party is failing down, we have two members there who stand tall. One living, one dead. Jerome Powell, who actively upholds his constitutional oath to the American people, and Robert Mueller. Whose acts and contributions on behalf of us seem almost unquantifiable, when we consider them as a totality and in their context.
Trump never met a government agency that he didn’t try to control or intimidate. I think he may be the only person in the government that is dumber than Tommy Tuberville RFK Jr and Pete Hegseth are in the race to the bottom.Trump’s favorite phrase may be, “You’re fired.” Trump thinks his gut is smarter than anyone. The man who bankrupted several businesses thinks he can give financial advice.
Very well written and entertaining! Thanks for such an enjoyable read, and on economics no less!
"He wants to be seen, rightly, as a nothing to Trump."
Perfect Catherine. And that really should go for his entire cabinet especially the Attorney General and the Treasury Secretary.
Instead, we have 15 bootlickers trying to shine his shoes better than the next, er, POS.
tacometer- love that.
"When the index gets higher, a TACO is supposed to be more likely to happen."
Trump has TACO'd twice on U.S. military strikes against Iran energy sites in the last week! At this rate I'm going to be sick of TACOs before Cinco de Mayo even gets here. 🌮
Open Question: some think all the public Fed “communication” that Jerome Powell has brought to the markets has been unhelpful or even negative. Should Kevin Warsh put an end to some of it?
Since it appears Warsh is an idiot ,based on what thus non economist reads about him , I dont want to hear much if anything from him
Ramp'll Explain
Powell is like many in government. They are experts but channel their experience in managing something important but also difficult. These folks work in a non partisan manner and rarely get all that much attention. The DOJ was full of them. So is the EPA. But they have no value to Trump and his lackeys
If I wrote that, it would be past tense. DOGE & tRump lackies continue to hollow out the experience & expertise so necessary to good, fair governance. And if the tRump era does end, it will take years to fix. I hope we have Rampell for many years to help us understand the multitude of economic issues ahead.
I did use past tense in the examples. A friend of mine was dogged out of the epaa
Ever since I was a little kid I was fascinated by government and knew that's what I wanted to do when I grew up. I fantasized about all the jobs: diplomat at State, elected; congressional staffer; apparatchik at the bureau of land management. You name it my nerdy ass considered it for a career.
Except for working at the Federal Reserve. I figured that was too wonky even for me; and I love a good debate about R*
Powell is playing the long game at least to the end using Charlie's saying clowns with flame throwers is who he is against
And now Trump has given himself 1.25 BILLION of taxpayer dollars without the consent of Congress. Who will be pursuing charges against him?
What’s this about? I must have missed it.
This is actually fascinating, but I especially like that it explains to me why I admire the man.
Ordinarily I'd agree with your contention that the Chairman of the Federal Reserve is not an appropriate recipient of an award such as the Profile In Courage Award.
If only we were living in ordinary times when 95 of the 100 people you stopped on the street would reply with "Jerome who?" if asked if they knew who Jerome Powell was.
I don't view him as a leader of the resistance, but sincerely appreciate his character and yes, his "courage" in standing up for the institution he holds so dear. If only there were more people like him in Washington.
Pressure index! Well, at least you gave us an LOL by the end.