Leftists reveal their biases once they're out of office: Bill Dudely edition

The former head of the New York Federal Reserve, Bill Dudley, is calling on the Fed to tank get political and tank the economy to ensure that Trump won't be elected.

"U.S. President Donald Trump’s trade war with China keeps undermining the confidence of businesses and consumers, worsening the economic outlook. This manufactured disaster-in-the-making presents the Federal Reserve with a dilemma: Should it mitigate the damage by providing offsetting stimulus, or refuse to play along?

…I understand and support Fed officials’ desire to remain apolitical. But Trump’s ongoing attacks on Powell and on the institution have made that untenable. Central bank officials face a choice: enable the Trump administration to continue down a disastrous path of trade war escalation, or send a clear signal that if the administration does so, the president, not the Fed, will bear the risks — including the risk of losing the next election.

There’s even an argument that the election itself falls within the Fed’s purview. After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives. If the goal of monetary policy is to achieve the best long-term economic outcome, then Fed officials should consider how their decisions will affect the political outcome in 2020."

This is an amazing admission that a former senior government official is calling for an unelected group of rich folks to wreck the financial situation of millions of Americans in order to further their own personal political agenda.

Of course rich people like the members of the Fed and this guy won't be hurt if we enter a recession and neither do they have to worry about losing their jobs due to unfair Chinese trade practices. Given the leftist mind set that they are better than us and are our rulers they don't mind if we suffer in order to achieve their goals.

Keep this in mind when you hear all the scare stories about a recession.  People like this guy and Bill Maher have let the cat out of the bag; Democrats will work with China to do everything they can to drop the US into a recession so that a Democrat can win in 2020. China is all in because they know that Democrats are fully supportive of China's predatory trade practices that help rich Americans but steal jobs from millions of hard working Americans.

The reality is we're not looking at a recession but if the lies of the #FakeNews media and dishonest actions by the Fed scare enough people the left might be able to manufacture a tragedy for the hard working men and women of America.