Read time: 1 minute

Stephen Moore: Capitalism Is More Important Than Democracy

Donald Trump's nominee to the Federal Reserve tells us exactly the kind of values we should expect from him.

Stephen Moore, Donald Trump's economic advisor, has been nominated for a seat on the Federal Reserve since mid-March. However, given how quickly the similar nomination of Herman Cain tanked, it appears that the Trump administration is willing to slow walk Moore to test for reluctance by Senate Republicans.

Hopefully, we can flood the national dialog with little gems like this to make Moore--who is curiously well-respected within conservative circles despite not being terribly smart , a deadbeat dad and tax scofflaw--as toxic to support for Republicans worried about re-election as Cain.

In the past, Moore, a former Trump campaign adviser and economic commentator, has said he believes capitalism is more important than democracy, and criticized the Fed board. “Capitalism is a lot more important than democracy,” Moore said. “I’m not even a big believer in democracy.” “There’s no bigger swamp in Washington than the Federal Reserve Board,” Moore said in a February interview posted on Vimeo. “It’s filled with hundreds of economists who are worthless... They should all be... fired.”

It's pretty simple: when people tell you who they are, BELIEVE THEM.

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

More C&L Coverage


New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team