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Posts Tagged ‘Central Banking’

.Youre-FiredThe big story this past week? Pretty obviously it was Donald Trump’s decision to reprise his role on the Apprentice, issuing a “Comey, you’re fired” to the now former FBI Director.

As with any decision of this sort, the was a sharp divide along party lines. Some Republicans cheered the news. Democrats, on the other hand, railed against the decision.

Writing in The New Yorker, John Cassidy opined, “At a time like this, it is important to express things plainly. On Tuesday evening, Donald Trump acted like a despot.”

Oh, spare me. The republic will survive.

Generally speaking, the hiring and firing of federal bureaucrats is not a terribly interesting topic. But in Comey’s case, a few words are in order.

For my part, I lost all respect for the man last summer when he failed to recommend charges against a clearly guilty Hillary Clinton in the Servergate scandal.

Then, just a week before the November vote, Comey claimed he was reopening the investigation, only to shut it down just a few days later. This made Comey appear indecisive.

A third failure of judgment on Comey’s part was his decision to launch an investigation into Trump’s dealings with Russia, based, as it was, in part on the debunked “Golden Shower” dossier.

So we have an FBI Director who wouldn’t recommend charges against Hillary Clinton, against whom there was a mountain of evidence suggesting serious wrongdoing during her term as Secretary of State, but who continued to doggedly pursue the case against Donald Trump, a case notable for its complete lack of actual evidence.

So, should Comey have been fired? Yes.He failed the biggest test of his career when he refused to recommend charges against a clearly guilty Hillary Clinton. Thankfully, the American people showed better judgment than he did by refusing to put her in office.

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Obama_This is going to hurtI know. I know. I’m late with my Week In Review. I could tell you the dog ate my homework, but I don’t think that that would fly.

Actually, I blame it on the IRS.

You see, as is the case with most folks who work in finance and accounting, during the first quarter of every year I get monkey hammered at work all for the purpose of meeting some arbitrary government deadline. Oh well. At least the over time’s good money.

And not only am I late this week, but I’m also going be short owing to another government program, Daylight savings time. I have to admit I do like the late sunsets, but that whole spring forward thing? It just kills me.

So without further ado and so I can get to bed at a decent hour, let’s look at some of this week’s top stories.

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rinkeby-riots

A policeman inspects a burned out vehicle following the riots in Rinkeby, Stockholm.

Some things seem to naturally go together. Peanut butter and jelly come to mind as a natural pairing. Baseball and summertime? I’m in. Even the terms “blowhard” and “politician” evoke a certain warmth of familiarity within me.

 

But riots and Sweden??!! Surely, you jest! Nevertheless, as they say, truth is stranger than fiction…

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