So, Trump’s trying to fire a governor of the Federal Reserve.
The Federal Reserve is America’s central bank. The president appoints the chair, the vice chair, and the seven member board of governors, the Senate confirms them, and then the Fed decides what to do based on economic data — not politics, not MAGA, not what Trump wants.
But Trump wants to pack the Fed with sycophants, so he’s breaking the law. Says he’s firing a governor when he hasn’t proven she’s done anything illegal, hasn’t even charged her with a crime.
Trump’s doing this because he wants personal control over every single thing that happens in this country. This felon who’s gone bankrupt multiple times wants the government taking direct ownership of businesses. He wants to control US monetary policy. He wants to raise and lower tariffs however he wants.
Just so we’re clear — that is legit socialism. I’m a Democrat, the GOP have been baselessly calling us socialists and communists and marxists for decades. This, right here, is what they accuse us of.
So, why would any business, any nation, want to invest in the United States if our financial system is under siege by this political menace?
The short answer is, they don’t. The dollar’s value has tanked this year, and treasury bonds are selling off like crazy. Countries are beginning to stop shipping their goods to us. American businesses are going to start closing. Your 401ks, your groceries, your jobs, your homes, your kids' future — all that is on the line. We’ll all suffer because of Trump, and he’ll just keep getting richer.
Congress is the only thing that can stop him. So far, Republicans in Congress seem all too happy to light our democracy and our economy on fire because they’re scared of Trump. That has to stop.
We have to step up, here and now. I’m screaming at my colleagues to wake the hell up before this gets any worse, but we’ve got to make a lot more noise before they’re going to listen.
Thanks,
Ruben
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