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Financial world stunned as Trump offers Fed job to an ‘idiot’ who called for him to be awarded the Nobel Prize

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‘Good Lord Terrible Idea’ Says a Dartmouth Economics Professor

President Donald Trump has awarded Stephen Moore with the offer of a seat on the Federal Reserve’s Board of Governors. Moore, best known as a cable news “economic analyst” last year called for Trump to be awarded the Nobel prize for economics. He served as a top Trump campaign economic advisor.

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Moore once was the chief economist for The Heritage Foundation, a far right wing think tank that is closely intertwined with the Trump administration. For unknown reasons that title was changed. He is now a “distinguished visiting fellow.”

The Wall Street Journal Friday morning reported that “Mr. Trump spoke to Mr. Moore to compliment the economic commentator on an opinion article he co-authored last week calling the Fed Chairman Jerome Powell’s policy moves a threat to the U.S. economy. The article was published in The Wall Street Journal, where Mr. Moore previously worked as an editorial-page writer.”

Also unclear are Moore’s qualifications.

He was the Founding President of the union-busting Club for Growth, which reportedly has received funding from the Koch Brothers. And he is listed as “the senior economic contributor for FreedomWorks,” which, in its original form was a Koch Brothers project.

“Under its original name, Citizens for a Sound Economy, FreedomWorks received $12 million of its own from Koch family foundations,” The New York Times reported in 2010.

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But at least one actual economist has accused Moore (along with all of Trump’s economic advisors) of not being an actual economist.

Public reception of Moore is not always the best.

Dartmouth economics professor Danny (David) Branchflower weighed in on the news:

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University of Oregon Economic Professor Mark Thoma in 2007 wrote an article titled, “Is Stephen Moore ‘That Stupid’?

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The Daily Banter in 2016 published a piece titled, “Donald Trump’s Senior Economic Adviser is a F*cking Idiot.”

A not insignificant number of people on Twitter apparently have called him a “crackpot.” Among them, the editor-in-chief of the Danish financial news website EuroInvestor:

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This article has been updated to explain to readers the Koch Brothers’ relationship to FreedomWorks.


Report typos and corrections to: [email protected].
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‘Why do we need camo in space’: Trump’s Space Force ridiculed for woodland camouflage uniforms

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On Friday, the United States Space Force released an image of their new uniforms on Twitter.

The image shows a Battle Dress Uniform (BDU) for a four-star general in a woodland camouflage pattern, with a matching camo nametape.

https://twitter.com/SpaceForceDoD/status/1218335200964464650

However, many people were confused as to why the Space Force would use uniforms designed to blend in on earth.

Here's some of what people were saying:

https://twitter.com/PostCultRev/status/1218351691021484032

Sorry for the question but why do we need camo in space?

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BUSTED: National Archives caught doctoring exhibit to remove criticism of President Trump from women

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The National Archives were caught editing an artifact from the Trump administration to remove criticism of the president, according to a bombshell new report in The Washington Post.

The newspaper reported on a "large color photograph" at the National Archives exhibit marking the centennial of women's suffrage.

"The 49-by-69-inch photograph is a powerful display. Viewed from one perspective, it shows the 2017 march. Viewed from another angle, it shifts to show a 1913 black-and-white image of a women’s suffrage march also on Pennsylvania Avenue. The display links momentous demonstrations for women’s rights more than a century apart on the same stretch of pavement. But a closer look reveals a different story," the newspaper noted.

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Dershowitz is running a ‘bizarro defense’ of Trump: Harvard Law colleague says ‘Alan is just completely wacko’

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Two of the most famous names associated with Harvard Law School had competing appearances on MSNBC on Friday.

It began when Alan Dershowitz, a professor emeritus, was interviewed MSNBC chief legal correspondent Ari Melber about his new role officially representing President Donald Trump during the Senate impeachment trial.

Dershowitz claimed that neither abuse of power nor obstruction of Congress count as "high crimes" under the constitution.

Professor Alan Dershowitz, who has also been associated with Harvard Law for five decades, was asked about Dershowitz's argument during an interview with Chris Hayes.

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