Politics

As the song in “Li’l Abner” said, “The Country’s in the Very Best of Hands.”   I wonder if Joe Biden knows the tune?   The treasury says the national debtIs climbing to the skyAnd government expendituresHave never been so highIt makes a fellow get aGleam of pride within his eye,To see how our economy expandsThe country’s in the very best of hands Please note that Joe’s got plenty of help. There are lots of hands building up that debt, opening up our southern border, proselytizing for the girls who think they are boys and vice versa.

TikTok’s terrible, no good, very bad day TikTok CEO Shou Zi Chew arrived for a hearing on Capitol Hill yesterday with his company facing a forced sale or a ban in the US. In other words, it was an important day for Chew and his company: a chance to put the best case forward for TikTok’s continued existence in America. Chew assembled a formidable force for his Congressional D-Day. TikTok has paid for the best in the business if that business is getting Democratic administrations to do what you want: retaining SKDK, the lobbying firm founded by top Biden advisor Anita Dunn. They also have progressive lawmaker Jamaal Bowman on their side.

Justice for Gwyneth Paltrow! The former Avengers and Shakespeare in Love star is one nepo baby that Cockburn has no trouble defending. Paltrow has had a tough PR week. First, she was vilified for her rather meager diet. Paltrow said on a podcast that she skips breakfast, sips coffee and bone broth in the afternoon, and eats a paleo meal with "lots of vegetables" for dinner. Yes, our Goop queen is looking a bit frail these days, but can we blame a gal who rose to prominence during the Kate-Moss-heroin-chic era? Even Jessica Simpson is still recovering from being called "Jumbo Jessica" in 2009 when she appeared on stage with a slight muffin top. Paltrow also finds her skinny self in court this week over a near-decade old skiing accident at the Deer Valley resort in Utah.

Well, no indictment, but there were developments! Vocabulary word of the week: “exculpatory.” “Something that shows that someone is not guilty of wrongdoing.” Now, use it in a sentence: “Soros-funded Manhattan DA Alvin Bragg neglected to reveal hundreds of pages of exculpatory evidence to the Grand Jury pondering whether to indict Donald Trump.” What does it mean? It means that the orange suit that Bragg was hoping to order up for Trump may have to be retailored in a larger size, one big enough to fit him. Some context: when a prosecutor conceals exculpatory evidence from a Grand Jury or defense attorneys he is guilty of prosecutorial abuse.

For being what Politico describes as a “politics-averse prosecutor,” the Democratic Manhattan district attorney Alvin Bragg, reportedly set to indict Donald Trump any moment now, has certainly spent a fair bit of time targeting the former president and pondering his indictment. Bragg is purportedly on the verge of ordering Trump’s arrest over so-called “hush money” that Trump allegedly had his former attorney Michael Cohen (who served time in prison) pay to porn star Stormy Daniels during his 2016 presidential campaign to keep her quiet about an affair they are said to have had. If he does so, Bragg will become the first prosecutor to bring criminal charges against a former president.

Powell pays for past mistakes In the summer of 2020, Fed chair Jerome Powell could not have been clearer. “We’re not thinking about raising rates,” said Powell, before doubling down: “We’re not even thinking about thinking about raising rates.”   Things, as we now know, turned out a little differently. The months marched on, and with the Biden administration determined to spend, spend, spend, inflation went from “high class problem” to “transitory” to the biggest problem facing the US economy. Powell and his Fed colleagues went from not thinking about thinking about raising rates to, well, raising rates. From virtually zero around this time last year to 4.75 percent as of January.

Here are six things to think about ahead of any indictment and arrest of Donald Trump: 1. What is Trump going to be indicted for? Trump may soon be indicted on a campaign finance law violation. This means Manhattan district attorney Alvin Bragg has convinced a grand jury there is enough evidence to charge Trump with the crime (federal prosecutors seem to have long abandoned the cheesy political revenge fantasy). 2. But I thought this was all about Trump having an affair with some porn star? Stormy Daniels allegedly had sex with Trump in 2006, which he denies, and which she and Michael Cohen also once denied. She then took money in 2016 to sign a nondisclosure agreement, or NDA, to keep silent.