Just as the machinations of Comey show the dangers of “the deep state,” so do the candid remarks of another powerful, unelected wannabe kingmaker: William Dudley, the former president of the Federal Reserve Bank of New York. In an amazingly brazen opinion column on Bloomberg.com on Aug. 27, Dudley floated the notion that the Fed might be justified in adopting policies designed to prevent the reelection of President Donald Trump.Share
The chairman of the Federal Reserve system is already regarded in many circles as the second-most powerful person in the country. That’s already a troubling anomaly in a country based on a democratically accountable representative government. To suggest that the Fed act to tilt the election of the most powerful person in the country—the president—toward the candidate of its preference is an egregious affront to our system of government.
All Americans need to be alert to what is going on around us, even though much of the actual plotting is taking place behind closed doors. Partisan and ideological zealots seek to ride roughshod over the constitution and laws that have kept Americans free for over 200 years. I’m not asserting that these are evil people. They simply are in the thrall of the three meta-errors that pervade progressivism: an unjustified faith in government competence, an exaggerated confidence in what human willpower can accomplish, and the self-delusions of good intentions. (Read more.)
The Mystical Doctor
1 week ago
No comments:
Post a Comment