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Yavin4

(36,664 posts) Thu Nov 7, 2024, 11:32 AM Nov 7

Trump's first 100 days will be marred by infighting among various factions within his administration. [View all]

I don't see either Musk or RFK Jr staying for very long as the competition for Trump's favor will be intense. There will be gross mis-management from the start. Already Bannon and Lewandoski are jockeying for position. (https://thehill.com/homenews/campaign/4978201-lewandowski-bannon-doesnt-speak-for-trump/). Expect more of this.

The American people have no idea of how important various factions of the federal govt are to their every day lives. For example, financial markets depend heavily on honest reporting out of the Bureau of Labor Statistics (BLS) for employment information and the Bureau of Economic Analysis (BEA) for GDP data. Data out of these two agencies are important for the setting of interest rates by the Federal Reserve. Compromise reporting out of these agencies and no one will trust the markets. Speaking of the Fed, if they lose their independence, that's truly the ball game folks.

Think I'm wrong? This was Trump's last nominee for the Fed, Judy Shelton:

Shelton's confirmation was expected to be contentious among the GOP because of her unconventional economic views that place her well outside the mainstream. In the past, she questioned the mission of the central bank. She has also expressed support for the gold standard, which would tie the dollar to physical gold — a move that would sharply limit the amount of money in circulation.

https://www.npr.org/2020/11/17/935934885/senate-blocks-president-trumps-controversial-nominee-to-the-federal-reserve-boar

Chaos is incoming. Prepare yourselves.

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Highlight:

Trump's first 100 days will be marred by infighting among various factions within his administration. [View all] Yavin4 Nov 7 OP

I got SO TIRED of the scandal fatigue the last time Freddie Nov 7 #1

I wonder if they'll settle their internal scores via defenestration like their allies the Russians? FSogol Nov 7 #2

What else can one expect when a demented man-baby is running a shitshow? Blue Owl Nov 7 #3

Totally disagree orangecrush Nov 7 #4

Plans are one thing. Implementation is another thing entirely. Yavin4 Nov 7 #6

First 100 days? More like Retrograde Nov 7 #5