TV Ambush
goes sideways for Coyote Don
One of my favorite cartoons when I was a kid was the Roadrunner and Coyote. There was no dialog…you didn’t need any. The Coyote was forever setting up some kind of ambush with his Acme rockets, bombs and other devices….and they NEVER got the job done. The “preparation” was just never quite right.
The Road Runner was always faster, smarter, more adept….and lived to keep taunting the not so wiley Coyote for another episode of Ambush TV.
Well Donald Trump set up a live TV ambush for Fed Chair Jerome Powell with all of the glee of the Coyote when he would light the fuse of his new Acme rocket
….and Trump’s ambush worked just as poorly…as “Road Runner” Powell took the bait offered by Coyote Don and dismantled his letter bomb, item by item…lobbing his own much more effective device…the facts back at him as the cameras rolled. Don went over the cliff and down in a puff of smoke.
That’s good reality TV. Great ratings. Lots of shares and likes. The best & biggest.
Jerome Powell is one of those Civil Servants who does his job pretty quietly. There’s no midnight texting, no YouTube videos. No Tic Tok influencing. About the only time you see him is when he announces the new interest rate.
Coyote Don doesn’t like JP’s interest rates and wanted to bomb him with a gotcha on live TV. So instead of being the hero of his plan, he became the victim/villain, to the one who was much better prepared with the facts.
So Don, I hope you are a slow learner like the Coyote and you keep trying this ambush technique with other “road runners” making them social media rockstars on live TV too.
Beep beep.
Love the analogy. Powells term ends in May. I don't know if he will last that long. But whoever is chair in a few months will be in the Clowns crosshairs and...be facing significant inflation caused by the clown. Dropping short term interest rates while long term rates are rising is like jumping into boiling water during a heat wave. Economic chaos and the loss of credibility for the dollar.
There is a reason the Clown has had so many bankruptcies. He is mathematically ignorant. Doesn't read. Doesn't care what happens to anyone but himself. A middle school kid from our neighborhood would govern more intelligently.
Let's hope he lasts until the end of his term. The white guy (and it will be a white guy) that the Felon-in-Chief picks will do whatever his majesty wants - and destroy what is left of the economy, just in time for the Democrats to take the blame. Sigh.