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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Goofyhoofy 🐝 HONORARY
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Number: of 4460 
Subject: Re: Kevin Warsh nominated as Fed Chair
Date: 01/31/26 6:54 AM
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He needs expertise. Trump may have woken up to that fact.

Trump has never woken up to any fact - unless it involves his survival or profit in his pocket.

The appointment of Warsh is neither of those; he had to pick somebody , and it had to be someone reasonably competent in order to get confirmed in the Senate. (This one would be more closely scrutinized, even by Republicans, than his so-called “cabinet” picks.) He had several to choose from, and was probably influenced by the drumbeat of criticism Warsh has given over the past few years, not unlike googly-eyes Patel threatening to burn down the FBI headquarters or Kristi shooting her dog.

He could have done worse, of course, and I expected him to, so in the scheme of things this is a win in the end “not as bad as it might have been” camp.
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