If It’s Not One Thing, It’s Another


If it’s not one thing, it’s another with this administration.

We’ve been saying since the very beginning that although you are of course free to go down with the ship, you should not delude yourself into thinking this ship isn’t sinking.

We’d give you the usual caveat that everyone rolls out when attempting to inoculate themselves against incorrect political predictions (i.e. “we’re no political scientists, but“…) except that it doesn’t apply to us. Because there are some Poli Sci. degrees hanging on the walls over here. And what we’re telling you is that this administration is the political equivalent of the Titanic. It’s doomed. Star-crossed from the word “go.”

The truly amusing part of this whole saga is that it’s no longer clear if Trump will still be President by the time the multiple investigations into his ties to the Kremlin are completed. He may have to be indicted as a civilian.

Just look at Wednesday afternoon. No sooner had he caved to Democrats in order to avert a potentially catastrophic U.S. default than WSJ reported that he’ll now likely skip over Gary Cohn for Fed Chair in retaliation for Cohn’s perceived disloyalty in the aftermath of Charlottesville.

Irrespective of what you think about Gary Cohn, the idea that someone would be eliminated from consideration for a job at the Fed because they suggested the White House should be tougher on Nazis is such an outlandish proposition that it’s difficult to conceive of it.

Trump created a crisis with his bungled response to the violence in Virginia, and now, he’s going to end up creating another mini-crisis by throwing the future of the Fed in question just for the sake of punishing Cohn for reacting the way anyone with any sense would react to the first crisis.

To be sure, there are plenty of capable people that Trump could choose for the Fed job, so we’re not saying it’s the end of the world if Gary is no longer in the running. Rather, the point here is that this is all of Trump’s own making. He himself fueled speculation that Cohn would likely get the job. Then, he himself pissed Gary off. Now, he’s pissed at Gary for being pissed at him.

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