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Monday, December 03, 2018

Another Turbulent Week with Some Big Mysteries

Still Winning

This week the President signed a new trade deal with Mexico, Canada, and Argentina, a deal far more favorable to our interests than the now discarded NAFTA deal.

In the same time frame, our master negotiator hosted the first trilateral meeting with Japan and India, which should also boost the economy and which includes defense and military purchases. Merry Christmas, Xi.

Comey: Still a Loser

On the home front, Mueller and Comey keep looking worse and worse. Previously, former FBI Director James Comey refused to answer 100 questions when he testified before Congress because the hearings were public. Now, the House Judiciary Committee subpoenaed him to take his deposition, allowing him to testify in a closed setting. He ran to the U.S. District Court for the District of Columbia seeking to quash the subpoena because he claimed his testimony might be selectively leaked. Judge Magistrate Trevor McFadden drew Comey’s counsel’s admission that there was no case law supporting his position. The government noted that Comey was free to publicly disclose his testimony after the deposition, and that, moreover, a transcript would be provided him 24 hours after his testimony which he was free to release in whole. Comey’s counsel told Judge McFadden “Here’s your opportunity, judge to make some law.” The judge said he would decide the case Monday at 10 a.m. I wouldn’t bet that he’ll make new law. The deposition, in the meantime, is now scheduled for this Tuesday. Doubtless, Comey is playing for time and the installation of a Democratic majority in the House and we can expect more shenanigans from the former FBI head.

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