Politics

Authored by Patrick Buchanan via Buchanan.org,

On Aug. 9, 1974, Richard Nixon bowed to the inevitability of impeachment and conviction by a Democratic Senate and resigned.

The prospect of such an end for Donald Trump has this city drooling. Yet, comparing Russiagate and Watergate, history is not likely to repeat itself.

First, the underlying crime in Watergate, a break-in to wiretap offices of the DNC, had been traced, within 48 hours, to the Committee to Re-Elect the President.

Shortly before delivering a speech at the FBI National Academy Graduation Ceremony, President Trump on Friday refused to rule out a pardon for former national security adviser Michael Flynn, who has already pleaded guilty to one count of lying to the bureau and has offered to cooperate with Special Counsel Robert Mueller's probe.

http://launch.newsinc.com/

"I don’t want to talk about pardons for Michael Flynn yet,” Trump told reporters at the White House. "We'll see what happens. Let's see."

And just like that, stocks priced in tax reform for the nth consecutive day, because one day after speculation that Marco Rubio would be a hurdle to the passage of tax reform, which pushed stocks modestly lower, moments ago Fox - or is that Disney - reported that Marcio Rubio is a "yes" on the tax bill, sending risk assets soaring in the latest "buy-everything" euphoria.

Source to FBN: Sen. @marcorubio will be a 'yes' on tax bill. pic.twitter.com/qd4OXaUawR

— FOX Business (@FoxBusiness) December 15, 2017

Well, this should be sufficiently awkward.  Amid an ongoing feud with the "tainted (no, very dishonest?) FBI"...

Tainted (no, very dishonest?) FBI “agent’s role in Clinton probe under review.” Led Clinton Email probe. @foxandfriends Clinton money going to wife of another FBI agent in charge.

— Donald J. Trump (@realDonaldTrump) December 3, 2017

Earlier this week, Seoul asked the US to delay joint military exercises with Japan until after the Winter Olympics, ostensibly to avoid provoking North Korea ahead of the 2018 Winter Games.