Trump resumes attack on the Fed as markets sink again

[workinclasszero]

Yun Li, PUBLISHED 3 HOURS AGO | UPDATED AN HOUR AGO

President Donald Trump on Monday escalated his attacks on the Federal Reserve in a Christmas Eve tweet, claiming the central bank doesn’t “have a feel for the Market,” and “the only problem our economy has is the Fed.”

Link to tweet

Trump has been complaining for months about Fed monetary policy, claiming rising interest rates are putting a brake on his economic plans. The president has also reportedly discussed firing Fed Chair Jerome Powell because of his frustration with stock market losses in recent months, although in a tweet Saturday, Treasury Secretary Steven Mnuchin quoted Trump as saying “I never suggested firing Chairman Jay Powell, nor do I believe I have the right to do so.”

https://www.cnbc.com/2018/12/24/trump-resumes-attack-on-the-fed-as-markets-sink-again.html

[C_U_L8R]

1. The problem is you, Trump.

Just stop with the idiotic golf analogies and get the fuck out of the office that you are so ill-equipped to hold. Loser.

[bearsfootball516]

2. It has to be the most stupid attempt to stop the market slide imaginable.

With the market sinking rapidly, what's the worst thing you could do? Start attacking it.

It's like if a bear was pissed at you, so you decide to poke it a few times to see if that'll change its mood.

[workinclasszero]

6. Trump has the intellectual capacity of a spoiled two year old brat

Trump and his cabinet of grifters and criminals don't have a clue about shoring up the markets.

Trump's expertise is screwing gullible folks out of their money. At that he excels!

[SMC22307]

7. The really big money has already been moved.

Drumpf and his ilk couldn't care less about shoring up the markets. They're profiting from this.

[workinclasszero]

9. I have no doubt

But he has to put on a show for all the MAGA idiots in his cult.

This is where being a reality show pussy grabber pays off for him I suppose.

[SMC22307]

10. Yep. We're all just pawns in the 1%ers show.

My middle-of-the-road brother drank the Drumpf Kool-Aid, convinced he's good for the economy. I won't be seeing him at Christmas this year and I'm dying to let fly with some text messages, but I think I'll wait for him to come to me. Not sure how much longer I'm going to be able to hold out, though.

[beachbum bob]

3. his staff needs more crayons and paper so they can draw some simple stuff for his comprehension

level....

the realization is now happening that trump is an idiot and the market is in full panic as that comes across

[N_E_1 for Tennis]

4. STFU you blubbering idiot...

And Stop With the Random capitalism.

[dalton99a]

5. Duh. Fire them, dumbass

Just do it.

[GoCubsGo]

8. Who wants to tell this asshole that the market is tanking because of shit like this?

Does this imbecile not understand that his idiotic rant-tweets are part of the problem? Wall Street sees that he is obviously in a severe mental health crisis, and they are just as scared shitless as the rest of us. Every time he does something stupid in response to it, it just gets worse. That Congress is letting this lunacy go on is outright treason.

[John Fante]

11. A powerful golfer who can't score?

How the hell is he a powerful golfer then?

Dotard can't even do analogies right.