From Operation 147 <[email protected]>
Subject The Third Coup
Date February 18, 2022 4:58 PM
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Friend,

In the last decade, our nation has suffered two constitutional crises that continue to jeopardize our Constitution, and our democracy itself. You know all about the second, The 147’s challenge to Biden’s victory certification and the insurrection that followed.

And you’re probably familiar with the first, the judicial coup that Mitch McConnell executed by inventing norms out of thin air, and then breaking them, in order to install three Justices to the Supreme Court enshrining a conservative majority for a generation. With Alabama’s racially gerrymandered congressional district map being upheld, and Roe v. Wade no longer applying to Texans, the onslaught on our constitutional rights at the hands of McConnell’s court has already begun.

Today, the third coup began, and it will affect your wallet as much as it affects your rights and your vote.

Our nation is undergoing a complex and unprecedented period of inflation. Driven by a web of factors on both the supply and the demand side we need economic experts to get to the bottom of the cause and chart a new path forward towards monetary stability. Luckily, we have an institution to do just that: The Federal Reserve.

Today The 147 and their allies decided not to show up to work in order to prevent a vote on FIVE of President Biden’s nominees to the Federal Reserve Board.

Current Senate rules state that a majority of committee members need to be present in order to vote on nominations, which is why The 147 and their allies have taken their obstruction to new heights. They claim to oppose a single nominee, but that doesn’t explain why they’re holding the entire board hostage, including chair Jay Powell, a Republican.

Simply put, by refusing to show up for their committee assignments, the obstructionists have generated a new constitutional crisis that ensures we can only have half a Federal Reserve to address inflation with. If this impasse is not resolved quickly, they will bear partial, but direct, responsibility for our monetary instability. It’s hard to believe this attack isn’t specifically designed to deliberately undermine our economy going into the 2022 elections.

ADD YOUR NAME IF YOU AGREE: Now is NOT THE TIME to be playing partisan games with the Federal Reserve Board. We need the full might of our economic institutions to put this period of inflation to bed. Hold a vote on Biden’s nominees NOW. [[link removed]]

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Is a functional government so much to ask?

-Operation 147
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