Category: Politics, Religion & Money

Paul Krugman is more direct than David Wessel in his criticism of Kevin Warsh, Trump’s “sock puppet” nominee for Fed chairman.

Another nominee on Capitol Hill, playing to an audience of one, named Donald. This time it was Kevin Warsh, sitting in front of the Senate Banking Committee.

Warsh thinks the Federal Reserve Bank needs reform, and not in returning to tighter banking regulation, as Elizabeth Warren rightly wants. His idea of reform will likely be whatever Donald wants.

Was Minneapolis happening just this past January? Trump keeps dragging us from one manufactured crisis to another.

I was outraged when home heating oil jumped from $4/gal. to $5. Now it’s up to $6. A 50% increase since Trump’s War of Choice with Iran. Fortunately, this is the last delivery I’ll need until Autumn arrives.

I’ll repeat an earlier prediction. Trump will order ground forces into Iran. That’s assuming he isn’t truly mad and threatens to drop a nuke on Tehran.

War for fun and profit. The one positive result of all this is that no Republican politician or voter can ever again point to any Democratic candidate and get away with accusing them of being immoral or corrupt.

Treasury Secretary Scott Bessent told reporters at a White House briefing Wednesday that the U.S. plans to ramp up economic pain on Iran, and said the new moves will be the “financial equivalent” of a bombing campaign.

https://apnews.com/article/trump-treasury-bessent-iran-sanctions-f45619d7ea3050bd4b1cdd9c3881ca2b

Why wasn’t this done first, before initiating military action? Oh, right. Bibi talked Donald into going to war.