I mean, I understand and agree with his message and that sounds pretty catchy… but doesn’t he have those definitions switched around?

After all you don’t have “optimism” when all is lost lol.

Then as a stickler you should probably clarify that 20yrs isn’t the lifespan of a panel but the simply the end of most warranty periods.

The panel itself is (typically) fine, just less efficient after so long.

Link was dead for me as soon as I tried it.

Sure, officially. I recognize the hurdles a fascist takeover from the inside is presenting to the smooth operation of a judicial system lol but I’m talking about at a personal level for this one guy.

How does he go to work day in and day out and not hear about this fuckery going on in his own circles when I’m hearing about it constantly? Or maybe this is a new low even for them since the article mentions that they have a duty to inform the judge. In which case there shouldn’t be any words of admonition, just action and explanations after the fact imo.

I know judges are just people that go to work like the rest of us but I still can’t understand why they haven’t already noticed the same contemptible behavior that the rest of us have been seeing and dispensed with the leeway they always give the DOJ attorneys. I mean shouldn’t they, of all people, know how scummy the DOJ has been recently when it comes to getting what it wants?

The argument is:

In the past the Fed has cut rates and made credit easier to get “for everyone” in order to manipulate markets (as is its job), but that by doing so they’ve actually just made it easier for the people with access to the most capital to get access to even more capital and then spend more to get more capital. Rich get richer.

This accomplishes their stated goal of “growing the economy” because people with a lot of capital represent a lot of the economy so it looks like it grows. But they don’t represent a lot of the country so wealth inequality grows.

This article is a lot of words about how that is bad and a lot of examples on how other way are better with a couple parts at the beginning quoting other source’s postulations that the new Fed chair will want to “rebalance the Fed” and make credit more available for smaller banks rather than just larger ones. From what I can tell… entirely based on statements he’s made in the past on how messed up the Fed currently is. Considering he’s a Trump appointment, I doubt it though. Unless their plan is to start using it as a whitelist for bribes or something.