Con man and multi-bankrupted grifter Donald "Rump" Trump has a reputation in the construction trades for stiffing his contractors for payment, in addition to his reputation as a bad lending risk. So perhaps it should surprise no one that his proposed nominee for the Federal Reserve's Board of Governors would be a deadbeat, too. In a typical demonstration of the Rump crowd's due diligence, non-economist and buffoonish fixture on wingnut media Stephen "No" Moore is reported to have been cited for contempt of court in 2012 for failing to pay his alimony and child support debts, among other obligations. That's on top of the disclosure that Moore owes $75,000 in Federal taxes, interest and penalties.
It's evident that Rump had been watching Moore obsequiously and hypocritically defend his trade, tariff and tax policies on TV, and that was enough vetting for Rump. He sure wasn't listening to economists and experts who think Moore's unqualified for the Fed.
(photo: via Financial Times)
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