In the White House the wagons are circling. The Mueller investigation is closing in. Time to continue the attack on "Fake News" and the assault on the FBI. "The reputation of the FBI is in tatters" claimed the President this week in a sort of "Come and get me, you know where I live" attitude. Challenging the FBI cannot really be a smart move ... there is historical precedent after all.
Huge upset in Alabama. Trump had won the state by 28 points in his election. It should have been a Republican shoe in. Bannon and Trump had supported Mr Moore the Republican candidate. The GOP machine had been more wary. Several women had accused Moore of offences ranging from sexual misconduct to assault. Most were teenagers at the time of the alleged incidents. Richard Shelby, Alabama’s senior senator was unrelenting. Two days before the election he went on a prominent talk show just to say, “I wouldn’t vote for Roy Moore…The state of Alabama deserves better."
Black voters turned out in droves. According to the Economist, they usually comprise around one-quarter of Alabama’s electorate, on Tuesday they made up 28%. Jones the Democratic candidate won 96% of their votes and 49.9% of the vote overall to Mr Moore’s 48.4%. It was a narrow victory. Trump shrugged his shoulders. "I said Roy Moore will not be able to win the election and I was right" he tweeted. It was all the fault of Moore and the Republican party. "If last night's election proved anything, it proved that we need to put up GREAT candidates to increased margins in the House and the Senate." Yep I told you so and it was nothing to do with me! The President moved on to an assault on red tape and Senator Gillibrand.
"Lightweight Senator Kirsten Gillibrand, a total flunky for Chuck Schumer and someone who would come to my office 'begging' for campaign contributions not so long ago (and would do anything for them), is now in the ring fighting against me" he tweeted, there was more.
Time to put the record straight " Another false story, this time in the Failing @nytimes, that I watch 4-8 hours of television a day - Wrong! Also, I seldom, if ever, watch CNN or MSNBC, both of which I consider Fake News. I never watch Don Lemon, who I once called the “dumbest man on television!” Bad Reporting."
Claims of Russian collusion or sexual harassment? "Despite thousands of hours wasted and many millions of dollars spent, the Democrats have been unable to show any collusion with Russia - so now they are moving on to the false accusations and fabricated stories of women who I don't know and/or have never met. FAKE NEWS!" ... yep fake news, fake recordings and fake videos. Trump has never been guilty of any form of inappropriate behaviour! TRUE but did you know ...
"Wow, more than 90% of Fake News Media coverage of me is negative, with numerous forced retractions of untrue stories. Hence my use of Social Media, the only way to get the truth out. Much of Mainstream Media has become a joke!" Unlike my presidency, he could have added ...
That's all from the West Wing WTF this week. Much more to follow, let's face it, there is so much material to work on ... Have a great week-end, .
© 2017 John Ashcroft, Economics, Strategy and Social Media, experience worth sharing.
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In the US strong growth continues. U.S. total non farm payroll jobs increased by 228,000 in November. The unemployment rate was unchanged at 4.1 percent. Employment continued to trend up in professional and business services, manufacturing and health care.
The Fed is expected to hike rates again this month, Supporting the dollar against Sterling and the Euro. This despite the modest rise in inflation. Consumer prices in the United States rose 2 percent year-on-year in October down from 2.2 percent in September.
Mixed week for Trump? Trump announced the recognition of Jerusalem as the capital of Israel and the plans to move the US embassy from Tel Aviv. "I've judged this course of action to be in the best interests of the
United States of America and the pursuit of peace between Israel and the Palestinians. This is a long-overdue step to advance the peace process and to work towards a lasting agreement." Yes advancing the peace process. That's just what the Trump administration is all about. At least the Arab world is more likely to unite in denouncing the White House move.
Trump seemed to stumble with his words during the statement. Fears of a health scare prompted the White House press secretary Sarah Huckabee Sanders to announce a scheduled physical in January. For Trevor Noah of The Daily Show, the President was just having trouble with his dentures. His grandfather used to have the same problem. #DentureDonald was soon trending nationwide for much of Thursday at the behest of the Daily Show host.
For Trump his hold on sanity is shaking, White House insiders told Vanity Fair that Trump is “unraveling” mentally. One of the president’s regular early-morning reads, the New York Daily News, suggested last week “the President of the United States is profoundly unstable. He is mad. He is, by any honest layman’s definition, mentally unwell and viciously lashing out.”
The New York Times’s Maggie Haberman, described Trump’s recent behavior as “unmoored.” She told CNN, “Something is unleashed with him lately. I don’t know what is causing it. I don’t know how to describe it.”
Trump took time out to denounce the FBI this week , tweeting "After years of Comey, with the phony and dishonest Clinton investigation (and more), running the FBI, its reputation is in Tatters - worst in History!"
He is also in denial in the face of a potential obstruction of justice claim, "I never asked Comey to stop investigating Flynn. Just more Fake News covering another Comey lie!" Neither was Trump involved in any sexual harassment in the past. The infamous "locker room" video was just more "Fake News" ... and nothing to do with him!
This morning Trump attacked CNN again. "Their slogan should be CNN, the least trusted name in news" he tweeted. Despots around the world, are adopting the "Fake News" mantra. A great way to deal with dissent and dissenters. A great way to attack freedom of speech. Why not. The leader of the free world has set the precedent after all ...
That's all from the West Wing WTF this week. Much more to follow, let's face it, there is so much material to work on ... Have a great week-end,
Mixed week for Trump? Do they know it's Christmas? They do now, especially at the FBI. Trump explained ... "The Christmas Story begins 2,000 years ago with a mother, a father, their baby son and the most extraordinary gift of all—the gift of God’s love for all of humanity."
Excellent, the President has a grasp of history after all. Adding "Whatever our beliefs, we know that the birth of Jesus Christ and the story of his life..." then stopped short. Day care staff grabbed the hand set just in time. No reference to LGBTQI, same sex marriage or those of other faiths ...
The President did find time to chastise The Prime Minister this week. "@Theresa_May, don’t focus on me, focus on the destructive Radical Islamic Terrorism that is taking place within the United Kingdom. We are doing just fine!" Trump had RT'd some right wing video material from Britain First. The Government had made formal complaint. Trump reacted as he does. The state visit to the UK is under review ...
Speculation about Rex Tillerson's tenure this week. "The media has been speculating that I fired Rex Tillerson or that he would be leaving soon - FAKE NEWS! He’s not leaving and while we disagree on certain subjects, (I call the final shots) we work well together and America is highly respected again!" Yes we know who fires the final shots. North Korea's final shot can now reach Washington and the White House.
Big story of the week, the tax cuts that will add over $1 trillion to government debt and the trade deficit made it through Senate. "I call the final shots and the Big Bucks accumulate here" the revised door stop in the Oval Office should read. No the really big story ...
Former National Security Adviser Mike Flynn pled guilty to lying to the FBI about contact with the Russians. It's a first step. Criminal investigators don’t go for the biggest target first. They work slowly and methodically, like peeling away layers from an onion, to build the dish. Smaller fish are caught first to turn and provide evidence about the bigger fish. Mike Flynn is no small catch in the Mueller net. Bigger sharks will follow. Jered Kushner is next on the list. The investigation moves into the White House and will soon be knocking on the door of the Oval Office. Ironic that Mike Flynn was prone to chant "Lock Her Up" during the election. The plea bargain may just be enough for Flynn to escape a custodial sentence ... "Lock Him Up" is now heard on the streets of Washington ... who will be next ... to face the call ...
That's all from the West Wing WTF this week. Much more to follow,
West Wing Whisky, Tango, Foxtrot
Dr John Ashcroft PhD BSc(Econ) FRSA CBIM
A weekly update on life in the White House from the author of The Saturday Economist ...
The material is based upon information which we consider to be reliable but we do not represent that it is accurate or complete and it should not be relied upon as such. We accept no liability for errors, or omissions of opinion or fact. In particular, no reliance should be placed on the comments on trends in financial markets. The presentation should not be construed as the giving of investment advice.