Watergate Wednesday – Trump Fires The Guy Investigating Him

Well this is interesting.

The markets are down a bit this morning as news came out last night that Trump has fired FBI director, James Comey, who was heading up the investigation into the administration's coercion with the Russians in stealing the election from Hillary Clinton.  Although Attorney General, Jeff Sessions, was forced to recuse himself from the investigation due to his own Russian ties, he "recommended" that Trump fire Comey, who was being more aggressive than the White House wanted digging into Trump's ties with Russia.  

The Republicans were quick to point out the Bill Clinton also fired an FBI director but he fired William Sessons for eithical violations (padding expense reports, etc) and Bill Clinton was NOT being investigated at the time.  Trump already fired the previous Attorney General, Sally Yates, along with nearly all the US Attorneys – leaving only Trump appointees to oversee the investigation of Donald Trump and his staff.  

I would say this is a crisis but the Trump's GOP controlls both Houses of Congress and the Courts, giving them absolute, unchallenged power to do anything they want, with only the criticism of the press to put any restraints on them at all and, 

, Trump's administration is already pulling strings to mop up all media opposition and put it in the hands of his Billionaire buddies – who see, speak and hear no evil when it comes from the White House.  

Even this article, like last Tuesday's, will not by published by most of my syndicators, who more and more hide behind the "controversial" excuse.  After publishing 8 years of anti-Obama articles, suddenly they don't want to upset the readers by discussing politics in investment posts.  They are hippocrites and cowards but, sadly, it doesn't take a journalism degree to run a media outlet these days – it's all about being a good web portal and maximizing your click rates and, if you stroke a Conservative's ego, you open their wallets as well – that's an Internet tenet!  

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Disclosure: Our teaching theme at Phil's Stock World is "Be the House, NOT the Gambler."  Please see " more

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