Fed Grinch Steals Trump Christmas

fed grinch
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You’re a Mean One, Chairman Powell

President Trump overheated his Twitter account trying to pressure the fed chairman. But it didn’t work. Jerome Powell was more than ready to to stand up to Trump by playing the Grinch and raising rates. Not only that he said he’d do the same thing two more times next year.

Fed Grinch

The Dow swooned and the president sputtered. But Bloomberg says the Fed did the right thing. Vox, however, not so much. 

Meanwhile the stock market crater continues.

White House Safe House

White House, safe house
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Accidental President

I got the idea of a the White House as a safe house from a Holman Jenkins column in the WSJ. He doesn’t think Trump expected to win.

Winning was his colossal if propitious miscalculation. Nobody would care about Stormy Daniels if he weren’t president. His decades-long pursuit of a Trump Tower in Moscow would be a non-story…

Unfortunately, it will also occur to Mr. Trump now that his best move is to cling to the White House at all costs. That’s because under Justice Department guidelines he can expect not to be indicted as long as he remains in office.

Michael Flynn’s Downfall

flynn
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And Comey’s Ascension

In the early days of the Trump administration FBI Directer Comey did an end run around protocol and sent two agents to the White House to interview National Security Advisor Michael Flynn. No attorney needed.  “It’s hard to imagine two FBI agents ending up in the State Room. How did that happen?” “I sent them…,” Comey bragged.

George Washington University law professor Jonathan Turley thinks that line sums up Comey pretty well: 

Just send a couple of guys over. One line could not more aptly capture Comey and his own professed view of “ethical leadership.” The interview confirmed what some of us have written about Comey for more than two years. The media consistently reinforced his image as a rules driven and principled public servant, often referring to him as an almost naive Eagle Scout. The Washington Post even ran the headline, “Boy Scout James Comey is no match for Donald Trump.” Yet, the history of Comey shows both an overriding interest in his own actions as well as a willingness to violate rules to achieve that interest. But his comments, including a call to the public to defeat Trump in a “landslide” in the next election, have stripped away any remaining pretense. The fact is, there often was more pretense than principle in his final years as director.

Why Did He Lie?

But the feds did catch Flynn in a lie, they just didn’t know it at the time.

Why Did He Plead Guilty?

Harvard Law professor Alan Dershowitz says the FBI knew the answers to questions they asked him. So why’d they ask? 

The FBI knew the truth. They had recordings of the conversations. Then why did they ask him whether he had those conversations? Obviously, not to learn whether he had them but, rather, to give him the opportunity to lie to federal agents so that they could squeeze him to provide damaging information against President Trump. 


Not Comey’s First Rodeo

Comey also asked questions he knew the answers to in 2003. When he was a deputy attorney general he appointed a special prosecutor to find out who blew Valerie Plame’s CIA cover. Except he already knew who. Deputy Secretary of State Richard Armitage had already admitted he was the accidental leaker. In that case Scooter Libby was convicted of lying.

Professor Turley called the Flynn conviction a “canned hunt.” “They put him in cage and shot him.”

Eli Lake at Bloomberg says Flynn is owed an apology.

Meanwhile, federal Judge Emmet Sullivan delayed Flynn’s sentencing again.

Sports Illustrated Too

Christine Blasey Ford Presents Award
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Christine Blasey Ford Presents Award

The publisher of the popular Sports Illustrated Swimsuit Issue gave its Inspiration of the Year award to Rachael Denhollander. Rachel was the first to accuse Dr. Larry Nasser of sexually abusing her as a young gymnast under his care. And over 150 other other victims came forward to corroborate her story.

Here testimony put Dr. Nasser in prison for 175 years. And his employer, Michigan State University, paid $500 million in settlements to 332 victims. Vox has has an in depth story of what happened here.

Christine Blasey Ford Presents Award

Christine Blasey Ford made a video presentation of the award. She claims to be a victim too. She accused Judge Brett Kavanaugh of molesting her at a high school party. But no one corroborated her story. Nor could she remember when or where the alleged assault happened or how she got there or got home.

Judge Kavanaugh was put on the U.S. Supreme Court.

Real Oval Office Guests

Public political bickering, mexican wall, oval office, pelosi, Trump, Schumer
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Public Political Bickering

Pelosi and Schumer visited Trump and Pence in the Oval Office. At least I think Pence was visiting. He was plastered silent and motionless into a chair.

After the photo-op no one shooed the press away. So they stayed. This was more transparency than Nancy could bear and she kept asking them to leave. But they stayed anyway and recorded the four – okay, three – of them bickering about five billion dollars for the Mexican wall.

No one asked the Mexicans to cough up the cash, but the president said he would be proud to shut down the government until he gets the money from Congress.

Republican Senators later did some public political bickering of their own and backed away from Trump’s threat, but The Donald got the last word.