patrick.net

Firing her is entirely appropriate.

Questioning why we even have a private central bank would be better though.

Because JP Morgan didn't want to risk his and his crony's own money like he had to do in the previous Bank Panics to prevent a total collapse of the industry.

Back when the Media did it's job, he couldn't risk meeting up with bigwigs without it being widely reported, so sent Lieutenants to work out the course of the Fed Reserve and assign the risk of bank panics to the Public.

Then it was voted into law suddenly just before the December Christmas Congressional Recess (If I remember right)

Trump vs. the Fed. He's bating them. I think he is trying, like this Cook, to make them expose themselves that they are not part of the Republic, but a parasitic foreign entity.

https://t.me/CIG_telegram/62843

Good, fire her fat ass.

If she wants to fight it, she's gonna go broke paying shyster lawyers in a pointless exercise.

Oh boy, if they lower interest rates, my stock mutual funds will pop up a bit more; "Stocks up, cocks up!"

"How sweet it is!" Jackie Gleason

All the concern, hand wringing, and Pearl clutching going on seems rooted in unmeasured and unquantifiable “what ifs”.

I’m getting pretty damn sick of this bullshit. If you want to get my attention, talk numbers and real consequences. Don’t give me “oh this is unprecedented and might do this or that”. Honestly just wanna slug someone like that right in their punchable face. The mealy mouthed ness needs to end.

Now if only they can Cook Kentanji.

Al_Sharpton_for_President says

Now if only they can Cook Kentanji.

Unfortunately I heard that Kentanji tastes gamey.

https://x.com/RogerJStoneJr/status/1960087967214829689

Federal Reserve Governor Lisa Cook is cooked. Said her home in Ann Arbor, Mich. was her principal legal residence getting a state tax break and a lower mortgage and insurance rate. Two weeks later, she said her home outside of Atlanta was her principal legal residence getting a state tax break and a lower mortgage and insurance rate. This is mortgage fraud.

Patrick says

https://x.com/RogerJStoneJr/status/1960087967214829689

Federal Reserve Governor Lisa Cook is cooked. Said her home in Ann Arbor, Mich. was her principal legal residence getting a state tax break and a lower mortgage and insurance rate. Two weeks later, she said her home outside of Atlanta was her principal legal residence getting a state tax break and a lower mortgage and insurance rate. This is mortgage fraud.

It's fraud on her property taxes and that's it. Even then it's probably trivial. Could be grounds to boot her job, but it's not some massive deal. The mortgage company had her credit history. They made a business decision. Insurance is a nothing burger whether primary or not.

She was trying to save on property taxes at both properties claiming primary. Illegal. But unless these homes are $3-5M a pop, this is kind of stupid. One county got the taxes to be paid and were whole and the other was short with an illegal homeowners exemption. Which likely is 1-2 weeks of work if that.

Roger is being a bit hyperbolic on this. It is very common for owners of two homes to do this. Once caught they pick the lower taxed home and just make up the back taxes. Really not a big deal. I'd rather we hunt down illegals and murders and clean up our streets. Not my streets. Mine are good. Basically this is a nothing burger and she got caught. She's not going to jail or anything. Just gonna have to pay the taxes.

https://www.coffeeandcovid.com/p/causation-tuesday-august-26-2025

Cue the classic line from Trump’s reality TV show, with a twist. Yesterday, Axios ran the widely covered story under the headline, “Fed governor Cook responds to Trump firing: "I will not resign.”” Now, cue up another historic showdown.

Since the Federal Reserve Act first passed in 1913, no president has ever formally removed one of the Federal Reserve’s governors. The Act expressly permits removal “for cause,” but nobody’s ever tried it, and the Supreme Court has never weighed in on what those two words mean. ...

Yesterday, President Trump quietly notified Fed Governor Lisa Cook of the bad news— via Truth Social. The public termination letter explained that Cook is subject to an ongoing mortgage fraud investigation, that the allegations are credible, and that fed governors must stand above reproach. So: bye, Felicia.

Like everyone else caught in Trump’s crosshairs since he resumed office —USAID, Harvard, and the “Institute for Peace,” for three examples— Ms. Cook knee-jerked by promptly denying that Trump is allowed to fire her. Resist!

In other words, and ironically, Ms. Cook now insists that the Federal Reserve is her primary residence. ...

So, I don’t know what Ms. Cook could be thinking, if she is thinking. If she fights this in court, she has two bad options. She could dispute the charges, which means Trump’s lawyers get to have a field day proving her mortgage fraud in court. Or, she could admit she lied, but attempt to argue that it doesn’t affect her job.

She’s ‘cooked’ either way. Chance she files suit: 50/50.

Yesterday, and even worse for Ms. Cook, her list of lies lengthened. Conservative education activist Chris Rufo (former multiplier recipient), accused Cook of stealing other people’s work in her handful of published works as a U. Mich. professor— nearly all of which were race-hustling nonsense. (Ignore my shocked face.)

Christopher F. Rufo X 4 @realchrisrufo • Apr 10, 2024
We have found that, in a series of academic papers spanning more than a
decade, Cook appears to have copied language from other scholars
without proper quotation and duplicated her own work and that of
coauthors in multiple academic journals, without proper attribution.

In "The Antebellum Roots of Distinctively Black Names," Cook copied-and-
pasted verbatim language from Calomiris and Pritchett, without using
quotation marks when describing their findings, as required by her own
university's written policy.

How could this happen? Rufo risks a ripe defamation lawsuit if he’s wrong. He wasn't wrong about former Harvard president Claudia Gay.

Now, I realize this new academic dishonesty makes Ms. Cook look like the latest Biden DEI hire, someone having zero business infesting one of the most politically powerful appointed offices in the world, but don’t jump to conclusions. It could be worse. It’s not like she wrote “attorney expenses” on a check stub or anything.

At her appointment, Lisa Cook was trumpeted as the first black woman on the Fed board. (Cue claims of racism.) But as far as I can tell, that’s where her accomplishments end. Cook’s sparse academic record has produced no widely cited papers. She’s written no economic books. She never worked in finance. She never won any significant awards that weren’t based on race hustling.

Now she’s saddled with serious credibility problems: alleged mortgage misstatements and new plagiarism claims. For a Fed governor, whose currency is integrity, that’s a devastating liability.

In other words, Trump picked the perfect governor to fry first. Keep cooking.

WookieMan says

It's fraud on her property taxes and that's it.

Nope. Claiming a primary residence is not about getting a break on local taxes. it is about getting a better rate on GOVERNMENT BACKED home mortgages. This kind of fraud can lead to jail time.

HeadSet says

WookieMan says

It's fraud on her property taxes and that's it.

Nope. Claiming a primary residence is not about getting a break on local taxes. it is about getting a better rate on GOVERNMENT BACKED home mortgages. This kind of fraud can lead to jail time.

Our r/e expert doesn't even know what mortgage fraud is!

If one lies on a mortgage application, that's committing mortgage fraud. Duh!

And mortgage fraud is a serious offense, potentially resulting in criminal charges, fines, and imprisonment for up to 30 years.

The 'everybody does it' refrain doesn't change that one iota.

But I am 90% sure I am about to be told I don't know what I am talking about in 5..4..3..2..

The most damning issue is this fat cunt is keeping interest rates high for Americans while lying on mortgage applications so she can pay a lower rate than the average person.

MolotovCocktail says

HeadSet says

WookieMan says

It's fraud on her property taxes and that's it.

Nope. Claiming a primary residence is not about getting a break on local taxes. it is about getting a better rate on GOVERNMENT BACKED home mortgages. This kind of fraud can lead to jail time.

Our r/e expert doesn't even know what mortgage fraud is!

If one lies on a mortgage application, that's committing mortgage fraud. Duh!

And mortgage fraud is a serious offense, potentially resulting in criminal charges, fines, and imprisonment for up to 30

And it gets worse!

(But Wookie Who Doesn't Understand What Mortgage Fraud Is will spin things to cover his fuck up, I am sure. It's his MO.)

There are severe restrictions to renting out an FHA financed home.

HeadSet says

There are severe restrictions to renting out an FHA financed home.

Not if you are a Biden DEI hire, apparently.