Trump (47th President) - Cabinet

[shock]

Maybe Elon Musk? Who would want this job, but there is no doubt that the Department of Education wastes as much money as any other agency, and many agencies rival them with money waste. Also no states waste as much education money as California, New York, and Chicago.

Congress would have to be involved in totally dismantling or dissolving an Executive Department. Would the courts allow Title IX to be dissolved? The answer is No, so where would those policies move to if dissolved?

I think that they would see more success to have a person who agrees with Betsy DeVos run the agency, transferring power away from certain groups (and the agency generally), shrinking federal monies given to states for education, shrink the numbers of education bureaucrats within the department, giving incentives to states who grow Charter schools, and allow school choice in Charter, Public, and Private schools.

All the while, getting the feds out of trans-gender policies, policies that allow the feds the power to test kids (the states should do that), and taking away the powers of school teaching unions. Additionally too much federal money is given to school districts to build new facilities, which include athletic facilities (football and basketball, etc).

No, Elon is supposed to chair a task force to dismantle the bureaucracy. I would think the Dept of Ed dismantling will be headed up by someone in the trump family or close to the trump family.

[SubGod22]

Can we dismantle the Fed while we're at it?

[WuDrWu]

Where shall we build the first internment camp?

Three Mile Island?

[shock]

Where shall we build the first internment camp?

Re-education camps. Where you get sent to learn how to argue with logic instead of feelings.

[Atxshoxfan]

Where shall we build the first internment camp?

I vote to put it in the middle of USMC base in 29 palms ca. Put them in tents, no AC and feed them mri's. What's good for our military people, is plenty good for criminals.

No place to hide if they escape either.

[ShockerPrez]

These are all fine suggestions. I think instead of internment camps, they will be called 'common sense' camps. They will be forced to watch comedy movies from the 70s and 80s, and possibly 90s Tarantino movies for a month as an orientation. With a steady diet of BBQ.

As much as you and I would love this, you may not attend. We have to break these people down and start showing them how great America is. It's not going to be pretty. You all already enjoy these things.

More to come.

[C0|dB|00ded]

CB for Secretary of Dumb****ery?

[C0|dB|00ded]

Donald Trump picks Susie Wiles to be chief of staff., the first female to ever hold the position. She is also the daughter of the late NFL broadcaster Pat Summerall

I like the look of this pick. Far from "Central Casting". Perhaps Don is adopting a substance before fealty approach this time? Don't hold your breath lol...

[shock]

Can we dismantle the Fed while we're at it?

Insert Ron Paul gif here. Get us back on the gold standard.

[1972Shocker]

https://x.com/bonchieredstate/status...71140432253356

I second that emotion.

[pinstripers]

If it was my cabinet, I would think of a position for Tulsi Gabbard . In fact, I'm thinking of one right now............

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[Kung Wu]

[C0|dB|00ded]

Insert Ron Paul gif here. Get us back on the gold standard.

Thank goodness you have no economic authority beyond the perimeter of your armchair. You would sink the United States before noon.

[shock]

Thank goodness you have no economic authority beyond the perimeter of your armchair. You would sink the United States before noon.

I would hope not. I’ve got about as much credibility as anyone here… which is none.

[C0|dB|00ded]

I would hope not. I’ve got about as much credibility as anyone here… which is none.

Well read the following Investopedia article and become knowledgeable on the issue! Then once you are, whenever you hear someone say, "We should go back to the gold standard.", consider them immediately ignorant and be suspect of anything else they have to say.

https://www.investopedia.com/ask/answers/09/gold-standard.asp

What Are the Advantages and Disadvantages of the Gold Standard?

Proponents of the gold standard argue that it prevents inflation, as governments and banks are unable to manipulate the money supply, such as by overissuing money. The gold standard also stabilizes prices and foreign exchange rates.

On the other hand, under the gold standard, the supply of gold cannot keep pace with its demand, and it is not flexible under trying economic times. Also, mining gold is costly and creates negative environmental externalities.


Why Did the U.S. Abandon the Gold Standard?


The U.S. abandoned the gold standard in 1971 to curb inflation and prevent foreign nations from overburdening the system by redeeming their dollars for gold.19


What Would Happen If We Returned to the Gold Standard?


Though it is highly unlikely for the U.S. to return to the gold standard, the idea has drawn some attention and popularity. Most notably, Judy Shelton, an economic advisor to former President Donald Trump, is known for her support for a return to the gold standard. (In 2019, Trump nominated Shelton to the Fed, but she ultimately did not retain enough support.)

A return to the gold standard would limit the Federal Reserve's ability to print money and constrain its ability to enact monetary policy during critical economic events, such as recessions. Economists have also posited that a return to the gold standard would result in an economy that is more volatile, due to vulnerability to shocks in supply and demand for gold. Central bankers and economists are largely unanimous against the idea of returning to a gold standard.20


Did the Gold Standard Cause the Great Depression?


The Great Depression—the longest and most severe economic recession in modern history—was caused by a confluence of factors, with the gold standard being but one contributing element. Economists do not agree on a single explanation for the catastrophe but have noted that its key causes include the stock market crash of 1929 and protectionist trade policies. The gold standard also played a role in the Great Depression, as it limited the ability of monetary policy to stabilize the economy.20


The Bottom Line


While gold has fascinated humankind for 5,000 years, it hasn't always been the basis of the monetary system. A true international gold standard existed for less than 50 years—from 1871 to 1914.12

Though a lesser form of the gold standard continued until 1971, its death had started centuries before with the introduction of paper money—a more flexible instrument for our complex financial world.

Today, the price of gold is determined by the demand for the metal, and although it is no longer used as a standard, it still serves an important function. Gold is a major financial asset for countries and central banks.

It is also used by the banks as a way to hedge against loans made to their government and as an indicator of economic health. Some also see gold as a potential investment vehicle that can help diversify their portfolio.

Gold has a long-standing relationship with the U.S. dollar, and, over the long term, gold will generally have an inverse relationship. With instability in the market, it is common to hear talk of creating another gold standard, but it is not a flawless system.