Donald Trump has evidently decided that the Wall Street Journal is wrong about everything they write. He hates them, in any event. There’s a mundane piece in the Journal about a conversation that Trump had with Scott Bessent about whether Jerome Powell should leave, or should finish out the ten months remaining in his term of office. This is the kind of piece that the Journal is famous for, because it tells the tale of the inside financial track in Washington. No other president would have reacted to this mild piece as Trump did. The word “explained” is what stuck in his craw. And so the stable genius blew up because nobody explains anything to El Genius.
Trump, “People don’t explain to me, I explain to them.”
Ok then, explain why you’re in the Epstein Files more than anyone else and had to get 1000 FBI personnel assigned to flag all your mentions.
— Bill Johnson (@Bill43111) July 20, 2025
The market is not at record highs right now, any more than Trump’s approval ratings are at record highs, which he also claims. Today is his anniverary of six months in office and everything is in turmoil. The war in Ukraine is escalating, the Epstein files issue is escalating, the country just went $5 trillion deeper in debt. Everything is headed the wrong direction but not according to Trump. He’s got it wired, totally. Nobody needs to explain a thing.
The Wall Street Journal reported in April that Bessent and Commerce Secretary Howard Lutnick advised Trump against attempting to oust Powell when the president publicly mused about the Fed leader’s “termination.”
In this latest episode, Bessent told Trump that if he fired Powell before the conclusion of his term, the Fed chair could sue and that lawsuit might drag into the spring—coinciding with the end of Powell’s term anyway.
On his Truth Social platform Sunday, Trump wrote that he didn’t need Bessent to explain to him that firing Powell would be bad for the market. “Nobody had to explain that to me. I know better than anybody what’s good for the Market, and what’s good for the U.S.A,” Trump wrote. “People don’t explain to me, I explain to them!”
Some advisers in the president’s orbit have acknowledged that even without a probable court challenge from Powell, any attempted removal could create a prolonged leadership vacuum—because there is no guarantee the Senate, typically away from Washington in August, would quickly confirm a replacement. Firing Powell over the objections of several GOP senators could frustrate the confirmation process for any successor.
Under current law, the Fed’s vice chair serves in the chair’s absence. Vice Chair Philip Jefferson is a Biden appointee and Powell ally.
These advisers have conceded that financial-market and practical obstacles to pushing out Powell risk a lose-lose scenario for Trump: The administration owns the cost of adverse market reactions without the benefit of gaining immediate influence over monetary policy.
Beyond the immediate obstacles, Bessent also told the president he is already well on his way to putting his stamp on the Fed. Fed governor Adriana Kugler’s term ends in January. Powell’s term as chair ends in May. That will give Trump one or two vacancies to fill early next year.
And that means that 2026 could be the year that America goes into a Second Great Depression. Who knows who Trump will put in power or what he will ask them to do to manipulate things? We’ll have to jump off that bridge when we come to it. Meanwhile, as predicted previously and for the reasons explained above, Powell isn’t going anywhere.
But when Trump does get hold of appointing somebody to oversee monetary policy, just bear in mind that Trump managed to bankrupt a casino, which is a place where people come in and give you their money and then leave. Bankruping a business model like that is not something you see every day. But Trump managed it. And now he’s going to bring that same “mind” to the Central Bank.
Some of Trump’s alleged targets and victims voluntarily do a “… polygraph … [and engage in] truth telling …“ Some do interviews, whilst others document in the various media vectors. All these come with great knock on effect: it fans the fire of truth. The consequence for the insecure Trump is his reptilian knee jerk reactions and toxic blowback. Ultimately his deeply hidden faults maybe further confirmed to exist – just maybe over and above what is already known. This could trigger his suspected malignant narcissistic tendencies, at an even greater desperate level. To compensate he could go on employ others to do his revengeful payback dirty work. He could also threaten and seek retribution by doing the opposite: raise levels of antisocial behaviour; show paranoia; lack empathy; be sadistic; project grandiosity; crave admiration. He’ll manipulate, control and exploit others, to their detriment and loss. His ultimate aim is stifle the avenues and vectors of truth; avoid accountability and its consequences; and preserve his current traitorous, ill gotten and grifting orbit. Lastly, these words are simply armchair conjecture, but he continues to create a lot of smoke for reasons known to himself, and that others understandably want to know why and have addressed.
Further to this, are the following armchair plausibilities: Trump cant escape his ties and attendant consequences, with Epstein. It’s posible he initially thought he could and would be able to keep all this hidden under wraps; and also whip up hysteria and manipulate MAGA. This would help sustain his cultish popularity so as to potentially secure another term as POTUS – through unconstitutional methods.
Then, he can pursue this Epstein issue further, and remove it from history. Add to this the possibility to also blackmail his detractors and enemies within the various worlds and circles he orbits and exists in. He’ll not stop until he’s secured himself total immunity and also reestablish the total loyalty of MAGA. This will allow him to eventually withdraw from front line POTUS politics and become the GOP MAGA political godfather and puppet master, all from a desk in Mar a Lago.
So far, he’s failed to see what Epstein is, being ‘the swamp and its creatures’ – the one’s he’s supposed to be exposing, getting rid of, and draining that swamp, and crushing the ‘deep state’ – all of which he is supposedly not part of. The irony is, he hitched his carriage to all of this, years ago. He has also failed to recognise the Caesar and Brutus beast, with their knives and machiavellian mentality, that exists in his GOP MAGA underlings in the House of Reps – along with their high grade conniving incompetence, compounded by Trump’s own blind arrogance and A grade incompetence and ignorance. He’s now reaping what he sowed from within the GOP MAGA movement. He is now shi**ing himself and scrambling; has no forward plan; is fast running out of allies; and is blindly lashing out because he’s retreated back into his base characteristics: a reptile with malignant narcissistic traits.
Again, this is all armchair conjecture, but it’s plausible.
Maybe Donald will appoint that idiot from “Mad Money”
It’s bound to be somebody he saw on the Tee Vee