Not sure whether to laugh or cry.......

 

In the meantime, Warsh, as official chairman, could try to speed Powell’s departure by making his life at the Fed uncomfortable: maybe take away his parking space and staff plus put his office in the basement.  But the decision to leave would still be Powell’s until January 2028.   

Based on Powell’s statements about trying to protect Fed “independence” from politics, preventing Trump from getting a board majority may be an ulterior motive for Powell to stay, which means the policy shifts supported by Warsh could be on the back burner for some time to come.

-Brian Wesbury, from here

effective spiritual aid...................

 

It has always been the prime function of mythology and rite to supply the symbols that carry the human spirit forward, in counteraction to those that tend to tie it back. In fact, it may well be that the very high incidence of neuroticism among ourselves follows the decline among us of such effective spiritual aid. We remain fixated to the unexercised images of our infancy, and hence disinclined to the necessary passages of our adulthood.

-Joseph Campbell, The Hero With A Thousand Faces

Adulting...........................

 

All of this has left them with an excessive need for control, which makes them unable to deal with scenarios where being out of control is the whole point.

-Suzy Weiss, as culled from here

uh-oh......................

 

The "adults" aren't going to save you they don't even exist.

-George Mack

Adulting.....................................

 

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a bracing concept................

 

. . . in Germany, where on certain roads you are free to drive as fast as you please.  But if you cause a serious accident, you are never allowed to drive again, essentially.  The law grants wide discretion and assigns total responsibility.  That is, it treats citizens as adults.  This is a bracing concept, maybe a little too radical for the United States.

-Matthew Crawford,  Why We Drive: On Freedom, Risk and Taking Back Control

please...........................

 

rites of passage.................

      The youth culture prides itself on its inclusiveness.  That is to say, it removes all barriers to membership—all obstacles in the form of learning, expertise, allusion, doctrine, or moral discipline. For these would be rites of passage, constituting a tacit admission that to be young is not enough, that the world expects something, and that there is a higher stage of existence to which we all must eventually proceed.  This very inclusiveness, however, deprives the youth culture of human purpose.  It remains locked in the present tense, looking for good causes, spiritual icons, ways of representing itself as legitimate, but without crossing the fatal barrier into responsible adulthood.

-Roger Scruton, An Intelligent Person's Guide to Modern Culture (1998)

A long time ago........................

 

Seems true...................

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Adulting.......................

 

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