sparkie8.bsky.social
@sparkie8.bsky.social
Constitution admirer.
Reposted
Current interest rate projections at the Fed suggest that Hassett might promise the President lower rates, but -- unless something dramatic happens -- he won't be able to deliver.
December 10, 2025 at 7:17 PM
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Fun thing about the December FOMC meeting is that forecasts for 2025 effectively reveal where each participant wants the fund rate to be.

This says 1 wanted a bigger cut, 12 wanted a quarter point cut, and 6 wanted no change.

For the Fed, that's what passes as a starkly divided board.
December 10, 2025 at 7:16 PM
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A revealing set of Fed projections:
1. Inflation is expected to be above target for years.
2. Unemployment is above long-term rate and will be for a while.
3. Surprisingly large uptick in expected growth for 2026.
4. We may get one or two more interest rate cuts, but don't hold your breath.
December 10, 2025 at 7:16 PM
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Lauren Boebert also billed her campaign for falsified "travel reimbursements" and used the money to pay off liens on her soon-to-fail saloon.
December 10, 2025 at 7:18 PM
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Added bonus that Venezuela can only ever be a victim and not actually threaten the United States in a meaningful way - the perfect target for a bully
December 10, 2025 at 7:01 PM
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Trump wants a war so he can declare martial law and end elections. How hard is this to understand?
December 10, 2025 at 7:08 PM
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It'd also be a great place to throw all the "unwanted" people. Why bother with international diplomacy when you can have a pocket-gulag state that will happily accept all your exiles as slave labor?

Slap a few RFKJR autism-reeducation camps and baby, you got a stew going.
December 10, 2025 at 6:58 PM
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Venezuela's just the first of many, and they're hoping other places will just fold instead of getting into a protracted air and ground war after this one.

And I know what you're thinking: Didn't the creation of Dubai require slaves? Yes! Good point! Noodle on that for a minute.
December 10, 2025 at 7:00 PM
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Scooter Bessant- toast?

Ok.

I’m good with that.

He can go back to being a soybean farmer.

“Green Acres is the place for me…
Farm livin’ is the life for me…
Land spreadin’ so far and wide…
Keep Manhattan, just give me the countryside…”
December 10, 2025 at 2:00 AM
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Talking about Somalis like the Nazis talked about Jews.
December 10, 2025 at 1:38 AM
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Trump just pardoned a white guy convicted of stealing 1.4 billion from investors.

That was 2 weeks ago.
December 10, 2025 at 1:37 AM
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His racist rhetoric is going to get someone killed.
December 10, 2025 at 1:36 AM