this post was submitted on 20 Sep 2024
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Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates

After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.

On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.


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[–] [email protected] 122 points 1 week ago (5 children)

What kind of weirdo gets mad when they get what they say they want?

[–] dhork 115 points 1 week ago (1 children)

A narcissist who wants to take the credit for it

[–] PP_BOY_ 79 points 1 week ago

Never forget that the border deal that Trump ordered senate Republicans to veto was one of the most comprehensive policy proposals in decades

[–] [email protected] 38 points 1 week ago (1 children)

The repubs complain about the border, a border bill comes up. Republicans refuse to pass it.

[–] NotMyOldRedditName 40 points 1 week ago (1 children)

Mitch McConnell tables a bill.

Dems support it

Mitch McConnel fillibusters own bill

[–] rayyy 5 points 1 week ago* (last edited 1 week ago)

Mitch McConnel fillibusters own bill

MAGAs would never work against their own country or be a shill for Putin, oh,,wait!

[–] Makeitstop 12 points 1 week ago* (last edited 1 week ago) (1 children)

I once worked for an idiot who was a little high strung, and who responded to anything unexpected by getting angry. This exchange actually happened:

Other employee: "Hey boss, the bank called, they made a mistake, you actually have $100 more than you thought you had."

Boss: "WHAT THE HELL AM I SUPPOSED TO DO WITH THAT?"

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[–] someguy3 9 points 1 week ago* (last edited 1 week ago)

Weirdo that wanted them to do it when he's president, so he can say he did it.

[–] cultsuperstar 6 points 1 week ago

They were supposed to wait until after he's elected to do it so he can take credit for it.

[–] [email protected] 92 points 1 week ago (1 children)

Even as cynical as I am, it astonishes me that the Republicans have become entirely up-front about the fact that they don't really give a shit about the American people and are only interested in how policy decisions affect them personally.

It's not just the case that they'll institute harmful policies if they can blame the Democrats for them or oppose beneficial policies that they can't claim credit for themselves, but that they do it openly and obviously.

And their wholly emotion-driven supporters remain completely oblivious...

[–] Gradually_Adjusting 12 points 1 week ago

It's really hard to make sense of their actions if you aren't thinking of them as literal enemies of the republic.

[–] [email protected] 90 points 1 week ago* (last edited 1 week ago) (2 children)

Cloud passes in front of the sun, Trump calls 'election interference'

Trump drops his hamburger on the floor, calls 'election interference'

It's Thursday, Trump calls 'election interference'

[–] grue 50 points 1 week ago (1 children)

He's trying to destroy the meaning of the term just before him and his MAGA flying monkeys commit massive actual election interference.

[–] InverseParallax 6 points 1 week ago (1 children)

He's panicking.

If the race is close, he can make a play to cause enough violence to reverse the result, like in 2000.

But if it's an embarrassing blowout? His fat ass is going to jail.

[–] grue 6 points 1 week ago* (last edited 1 week ago) (1 children)

This isn't panic. Stealing power through sabotage and violence has been the plan for over four years. It's what all of MAGA's efforts have been put towards (cultivating fascist paramilitaries, corrupting the judiciary, infiltrating the elections bureaucracy with zealots, etc.). Hell, just look at Trump's campaigning: he's spent absolutely fuck-all effort trying to broaden his appeal to win more votes, but lots of effort trying to radicalize his base to coup for him.

He will make a play to seize power through violence, regardless of what the poll results are. That is his primary, intended, planned path to victory.

[–] InverseParallax 4 points 1 week ago (1 children)

No, you're wrong.

He's a complete, delusional narcissist, he genuinely believes most of America loves him, it's just his enemies who cheat to win. This is true in every setting for him, business, legal, personal, everything.

He was sure he would win 2024 in a walk and blow Biden out of the water, and he's shocked a woman, a half n-word/half curry-head WOMAN of all people is threatening him!

You can't understand how he thinks, you have to have been raised by them, he is a devout follower of the religion of Donald J Trump.

[–] grue 3 points 1 week ago (1 children)

I'm not wrong; I'm just describing a different aspect of the situation than you are. I'm explaining what he's doing, while you're explaining how he deludes himself into thinking he's justified for doing it.

[–] InverseParallax 2 points 1 week ago

You said his original plan was to use violence.

I'm saying his original plan was to not need violence, obviously he would win legitimately, he's Donald J Trump.

And if there's any chance his enemies will try to steal what's rightfully his (ie America), he will use as much violence as he can to make them forever regret it.

[–] chiliedogg 10 points 1 week ago (12 children)

A violent mob invading the Capitol, committing murder in the process, specifically to interrupt the certification of the election?

Not election interference.

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[–] GoofSchmoofer 60 points 1 week ago

Remember when trump lashed out at FBI directory Comey when he produced a new piece of 'evidence' against Hilary in October of 2016, calling it 'election interference'?

... yeah me either.

[–] [email protected] 50 points 1 week ago (2 children)

and lets not forget trump harrassed the fed to drop them to zero before covid which is how we got the inflation at the end of his term.

[–] lemming741 23 points 1 week ago

Everyone overlooks that. It's the only knob we have and he abused it and we paid the price.

[–] [email protected] 3 points 1 week ago (2 children)

The whole world got hit by inflation

[–] LibreHans 5 points 1 week ago (1 children)

The whole word dropped their interest rates.

[–] [email protected] 5 points 1 week ago (1 children)

Interest rates didn't disrupt supply chains and lead to price gouging though

[–] [email protected] 3 points 1 week ago

price gouging was taking advantage of the intrinsic infaltion and supply chains were strained more by demand brought about by cheap money.

[–] [email protected] 4 points 1 week ago

yeah do to the dollar. “when America sneezes, the world catches a cold.”

[–] kinsnik 49 points 1 week ago

If he thinks that any positive change in an election year is election interference, then that would explain 2020. Maybe it is not that he wanted the pandemic or that he was too incompetent to just let experts help us. He was too concerned with election interference! /s

[–] CharlesDarwin 40 points 1 week ago (1 children)

Uh, weren't these dipshits pissing and moaning about the rates being high?

[–] Red_October 19 points 1 week ago (1 children)

Which they would blame on Democrats. Any improvement under their opponents tenure has to be framed as a bad thing, lest voters notice something good happened with a Democrat in office.

[–] Etterra 8 points 1 week ago (1 children)

Also it's something they can't promise to do because it was just done. Kinda like how the orange idiot had his Congressional bootlickers kill the immigration bill.

[–] [email protected] 2 points 1 week ago

Making that promise inherently violates the independence of the federal reserve but I'm guessing none of Trump's knuckle dragging supporters know or care.

[–] [email protected] 19 points 1 week ago* (last edited 1 week ago) (1 children)

Bitchboi who committed election interference calls everything election interference to try and deflect...

You know what this reminds me of? A fucking six year old.

[–] InverseParallax 3 points 1 week ago

Umm.

He also committed wire fraud to get lower interest rates on his loans by claiming false valuations.

Think he's awaiting sentencing for that.

[–] _bcron 15 points 1 week ago* (last edited 1 week ago) (1 children)

Dumbass complains that it is allegedly a political move but also wants Presidents to be able to dictate the Fed's decisions.

Everything that happens that isn't to his benefit is a conspiracy to make him look bad. Everything that happens to his benefit was hard-earned and well-deserved.

Fucking 80 year old baby wears diapers and people can attest to it. Smells like shit, cries, drools, no impulse control when it comes to random tits, can barely form a coherent sentence. No wonder his cabinet was a revolving door of blood relatives and his wife can't be bothered to leave NY to visit him. Sad sad guy

[–] [email protected] 5 points 1 week ago

Everything that happens to his benefit was hard-earned and well-deserved.

Said every billionaire ever.

[–] [email protected] 13 points 1 week ago (2 children)

Republicans getting Mad when Good Things happen to the Working Class is PROOF that DEMOCRATS Hate the Working Class!

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[–] [email protected] 12 points 1 week ago (2 children)

When half a percent is SLASHING!!!!!!!!

[–] [email protected] 21 points 1 week ago (1 children)

They usually only move the rate a quarter percent at a time, so technically this is a big drop

[–] [email protected] 11 points 1 week ago

They had a number of 0.5% or greater increases in 2022, two drops going into the pandemic, etc.

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[–] edgemaster72 9 points 1 week ago

It's the opposite side of the coin of them taking credit for infrastructure improvements in their districts when they voted against that bill

[–] [email protected] 7 points 1 week ago

They should've cut the rates six months ago :(

[–] Pantsofmagic 4 points 1 week ago

There's been a lot of discussion about an interest rate cut in September for the last 6 months.

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