Do You Trust Scott Bessent?

[struth]

I love how you and a few others completely skipped over the fact that he was a Soros colleague, for years. His gayness is not really the issue.

I’m sure a lot of people in the fin business knew or know Soros

Not sure your point?

I’m sure glad he doesn’t think like Soros

 

[John Edgar Slow Horses]

Scott was very close with Soros.

 

[struth]

Scott was very close with Soros.

Haha ok? So? I was close to a lot of people in 1992 that I’m not now, learned a lot

Let’s face it, you Demafasict hate him cause he’s gay

 

[buttercup]

I’m sure a lot of people in the fin business knew or know Soros

Not sure your point?

I’m sure glad he doesn’t think like Soros

Um, he didn't just "know" Soros. He held a top post at the Soros' London office and personally worked with Soros.

 

[struth]

Um, he didn't just "know" Soros. He held a top post at the Soros' London office and personally worked with Soros.

Cool. I learned a lot from the people I worked with and was close with in 1992 as well

I’m just glad I’m not the same person I was in 1992 and learned from the folks I was around and with then

Your post highlights to me the mind of a dembot, you show no ability to learn

 

[buttercup]

Cool. I learned a lot from the people I worked with and was close with in 1992 as well

I’m just glad I’m not the same person I was in 1992 and learned from the folks I was around and with then

Keep believing that Trump is "draining the swamp" when once again he has surrounded himself with the swampiest swamp creatures.

Keep trusting the plan!

 

[struth]

Keep believing that Trump is "draining the swamp" when once again he has surrounded himself with the swampiest swamp creatures.

Keep trusting the plan!

Has Scott worked in Govt before?

Or what is your definition of swamp?

I don’t see some one in private sector, in Scott’s case actually making millions against the swamp, as a swamp creature

You forget he made his billions by betting against the Govt of UK

 

[Billiejeens]

Um, he didn't just "know" Soros. He held a top post at the Soros' London office and personally worked with Soros.

Do you love him?

 

[whitehall]

You can tell that the left is out of ideas when they dwell on the trustworthiness of a potential fed chairman.

 

[Rogue AI]

I trust the guy confirmed by the Senate more than some random internet loon suffering severe TDS.

 

[John Edgar Slow Horses]

You can tell that the left is out of ideas when they dwell on the trustworthiness of a potential fed chairman.

Why? That could be a very bad thing. Powell should be appointed for another ten-year term.

 

[John Edgar Slow Horses]

I trust the guy confirmed by the Senate more than some random internet loon suffering severe TDS.

Rogue AI has it bad: Trump Devotional Syndrome!

 

[Rambunctious]

g5000 Did you trust Biden?...

 

[Thinker101]

The leading contender to replace Fed Chairman Jay Powell is Scott Bessent, the current Secretary of the Treasury.

Like Trump, Pam Bondi, and others, Bessent is a former Democrat. The far left takeover is nearly complete, and capturing the Fed chair would be the capstone.

Scotty is openly gay, which is a hard stop for most MAGAs.

But things are much worse then his penchant for smoking poles.

Bessent (are you ready for this media?) was George Soros's hedge fund manager, and thus part and parcel of the funding of all those violent leftist protests the MAGA media is constantly claiming.

In 1992, George Soros became "The Man Who Broke The Bankd Of England" by betting against the pound sterling. He made $1 billion off that trade alone.

And the guy at the helm of that disaster for England was none other than Scott Bessent.

Ladies and gentlemen, we have a mole.

He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.​

​

Then 29 years old, Mr. Bessent, working for the financier George Soros, helped “break” the Bank of England with crushing trades against the British pound. He was on a small team at Mr. Soros’s investment firm that, in 1992, amassed a $10 billion bet that the pound was overvalued.

Though the British government tried to support the currency, it wasn’t able to withstand the pressure, and the pound plunged in value. Mr. Soros’s fund earned more than $1 billion, along with credit (and infamy) for orchestrating one of Wall Street’s most audacious trades.

When President-elect Donald J. Trump announced his selection of Mr. Bessent as Treasury secretary last week, there was no mention of the connection to Mr. Soros. But it was Mr. Bessent’s experience at Mr. Soros’s fund — including another high-profile bet, against the Japanese yen — that helped define his career, and that his former colleagues and other associates see as a crucial credential.



Soros's boy broke two significant world currencies for big leftist profits. As Fed Chair, he would be perfectly positioned to destroy ours for fun and profit.

Do you trust this guy?

.

Really!? You fricken clowns have been lying to the country for at least 4 damn years. Now you start a thread about trusting someone. Your damn credibility is right there at ZERO.

 

[John Edgar Slow Horses]

I don't know if all that is so about Bessent, but if Trump wants him, it will not be good for America.

 

[John Edgar Slow Horses]

Biden got us out of Trump's economic wreck of 2020, so, yeah, he was the right vote in that fall.

A mindless Biden is safer than a Trump in any shape.

 

[my2¢]

No opinion. As the saying goes, I wouldn't know him from Adam. His name isn't even familiar to me. If he does get appointed then I'll be curious enough to check out his thoughts on interest rates. I've been satisfied with how they've been handled by the fed currently and don't see any need for any drastic cuts in the interest rate.

 

[John Edgar Slow Horses]

No opinion. As the saying goes, I wouldn't know him from Adam. His name isn't even familiar to me. If he does get appointed then I'll be curious enough to check out his thoughts on interest rates. I've been satisfied with how they've been handled by the fed currently and don't see any need for any drastic cuts in the interest rate.

He won't be appointed if he does not promise Trump he will cut rates.

 

[AntonToo]

Trump knows math

No he doesn't.

“This is something that nobody else can do,” Trump said during a reception with members of Congress Tuesday night. “We’re gonna get the drug prices down. Not 30 or 40 percent, which would be great, not 50 or 60, no. We’re gonna get ’em down 1,000 percent, 600 percent, 500 percent, 1,500 percent.”

Trump Fails Basic Math Problem Trying to Brag About Drug Prices

According to Donald Trump, prescription drugs will now cost negative money.

newrepublic.com

....even if one were to take the Trump Administration’s tariff formula seriously, it makes an error that inflates the tariffs assumed to be levied by foreign countries four-fold

President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.

President Donald Trump announced tariffs on practically every foreign country (and some non-countries), ranging from a 10 percent minimum all the way up to 50 percent. He described the tariffs as reciprocal; however, they are nothing of the sort.

www.aei.org

 

[my2¢]

He won't be appointed if he does not promise Trump he will cut rates.

Sure enough, but I see it a matter of whether the cut is moderate or drastic. There's cutting rates and then there is annihilating them, as witnessed after the 2008 financial crisis. I see anywhere between 4% and 4.5% as normal and although I'm pretty satisfied with how things are now, there is probably some wiggle room for adjustment.