09/03/2025
87 Taco Tuesdays
Somewhere, in the back of my mind, while I listen to what’s going on around the country, I wonder if the people smarter than me are all taking notes.
If the lack of push back is somehow because the academics, the economists, the political scientists, sociologists, and historians aren’t all thinking “we’ll never have another chance to see how “this” works out again….
“This” being a “president” who wants to intentionally weakening the dollar. Or who openly defies court orders. Or completely disregards human rights, civil liberties, and long standing laws….
Last week’s article on restructuring the Fed is a case in point (one of many I could have chosen):
https://www.politico.com/news/2025/08/29/trump-fed-shake-up-stephen-miran-00534615
It’s terrifying, and at the same time fascinating. We have an uneducated and easily distracted population being governed by thugs. You couldn’t design (or afford), a study of cultural and societal impacts as broad-reaching and significant as what is playing out in America today.
There are still people alive who lived through the 1930’s and 40’s. What they are seeing sickens them. There is one significant difference with what’s happening today. These atrocities are being broadcast in real time. TicToc, Facebook, X (formerly known as Twitter), Instagram, everyone with a phone is streaming video.
Nothing is hidden.
The division today is not drawn along political ideology, religion, or cultural lines, it is drawn along lines of human morality. It’s the line that separates those who think harming others is a solution, and those who think harming others is abhorrent.
“The rest is commentary.”
If Miran joins the board, his extensive critiques of the central bank would make him a rare iconoclast within an institution that strives for consensus.