Wednesday, December 26, 2018

CNBC: A potential Trump impeachment is a 'huge risk' for 2019, expert says


Mod: Businesses are just now beginning to bake impeachment into their 2019 plans. Personally I don't think the Democrats will make the big move until it appears that they don't have any other choice and are being forced by events to do so. Which will likely occur sometime around April. The full article is available at the link.

A potential Trump impeachment is a 'huge risk' for 2019, expert says (CNBC link): Investors and businesses may have overlooked one big risk that could come out of Washington next year: The possible impeachment of U.S. President Donald Trump.

Markets are bracing for a more difficult 2019, with risks such as interest rate hikes from the Federal Reserve and an escalation in U.S.-China trade tensions at the top of many people's minds. But the possible impeachment of Trump has rarely been discussed, partly because it still isn't clear whether Democrats will go down that route when they take control of the House in 2019.

Being impeached doesn't mean being kicked out of office. On the U.S. federal level, it's a process whereby a simple majority vote in the House can accuse a civil official, including the president, of an "impeachable" offense. That accusation would then move to the Senate, which would decide whether to convict the official.

Whether or not the impeachment process gets underway, it's likely to feature highly in U.S. political discussions and cripple Washington's ability to get things done — that in itself is a big risk for businesses, said Steve Okun, senior advisor at U.S.-based geopolitical consulting firm McLarty Associates.

"Democrats will do something on impeachment next year," he told CNBC's Nancy Hungerford on Wednesday.

Okun noted comments by Jerry Nadler, the expected chairman of the House Judiciary Committee, that Trump may have committed "impeachable offenses" if he's found to have a hand in paying hush money to several women.

"Whether the Democrats will impeach Trump, he didn't say, but he said he committed impeachable offenses and that came with the hush money cover up and certainly can come with the obstruction of justice with the Mueller report comes out," said Okun.

Justice Department special counsel Robert Mueller is reportedly nearing the end of his investigation into whether Russia interfered with the 2016 presidential elections. He's expected to submit a report to the attorney general as early as mid-February, NBC News reported.

"Washington is going to shut down, literally ... because the president is not going to be able to focus on anything but that. I think that is a huge risk going into 2019," he added.

sierramadretattler.blogspot.com

48 comments:

  1. Hopefully that poor excuse of a human is on his way out so America can be great again. Trump has ruined more lives than any president that comes to mind. He did drain the swamp, his own swamp.

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    1. He didn't drain nothin'. He clogged the drain. Added more scum, they floated over the top all by themselves.

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    2. Trump is the swamp. Corruption that stinks to high heavens.

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  2. It is noteworthy that during the Clinton impeachment the markets gained and Clintons admin wasnt as destructive to the economy (although his tampering with Glass Steagol was a contributory factor to the great recession of 2008).

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  3. Facts will make impeachment inevitable. They cannot let Trump walk away based on what the markets "might" do.

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  4. Keeping that random infant in power is a much bigger risk

    How could anyone think our country is better off with that clown in power? That is complete stupidity.

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  5. A democratic president who committed even a fraction of these crimes would have been impeached last year. The gop supports this incompetent toddler president. They are afraid their own crimes will be exposed, since they took Russian money. Too bad, their crimes WILL be exposed sooner than they expected. Once the Mueller report is published, we will find out that our suspicions are correct. McConnell is the ringleader, the one with both hands out taking foreign money. He is so corrupt is oozes out of him.

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    1. McConnel is the worst

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    2. Follow the Russian NRA money.

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    3. Well, Trump is the worst, but, McConnel is right there with 'em. Both scum.

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    4. I will never understand the hypocrisy of the evangelical christian (lower case on purpose) in their support of this heathen. Their shame will follow them to the pearly gates and they will stand there twiddling their thumbs and himmin' and hawin' and trying their dardest to find their reason.

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    5. It's easy to understand 6:37. "Evangelical" "leaders" don't give a damn about anything other than money. They don't believe their own BS. They only spout it to get mythology believing rubes to give them cash.

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  6. As with Watergate Democrats can not impeach (and remove from office) the president. It is up to Republicans to make that happen. So far, they have been united in resisting. I suspect that when the facts and evidence of the Mueller probe are finally released, they will start to peel off. That will be the moment of truth regarding "Country vs Party".

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  7. We need to put impeachment into the public discourse as much as possible. The more people talk about it, the more it turns up in the news, the more likely and sooner it's going to happen. It's either that, or we continue to witness our country going down the toilet.

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    1. Agree. Even if impeachment doesn't occur, we need to shine the light on and embarrass as much as possible every single rich-ass so-called "American" politician who thinks their sh*t don't stink because they "run" and "own" America. Each and every single person whose greed overtook their "desire" to serve our country outta be shipped out or at last publicly mocked; refused service, laughed at, etc. This is the least they deserve. In other countries they'd already be laying in a ditch.

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  8. Trump's 'bone spurs' are a lie: Daughter of podiatrist who helped get president out of Vietnam service

    The daughters of the late Dr. Larry Braunstein, a one-time podiatrist based in Queens, have told the New York Times that their father helped President Donald Trump escape getting drafted during the Vietnam War by fabricating a diagnosis of bone spurs in his feet.

    56-year-old Dr. Elysa Braunstein tells the Times that her late father implied that Trump did not suffer from a debilitating foot ailment, and that he offered the bogus diagnosis as a favor to Trump patriarch Fred Trump.

    “I know it was a favor,” explains Elysa Braunstein, whose account was also corroborated by her sister, Sharon Kessel. “What he got was access to Fred Trump. If there was anything wrong in the building, my dad would call and Trump would take care of it immediately. That was the small favor that he got.”

    The daughters also believe their father was assisted by Dr. Manny Weinstein, a podiatrist who first moved into a Trump-owned apartment in the same year that the future president got his exemption from the military draft. The daughters aren’t certain that Weinstein, who passed away in 1995, helped their father concoct Trump’s foot ailment, but they said their father “often mentioned” Weinstein when discussing the Trump deferment scheme.

    https://www.rawstory.com/2018/12/trumps-bone-spurs-lie-daughter-podiatrist-helped-get-president-vietnam-service

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    1. I guess that makes him Cadet Fake Bonespurs.

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  9. Very good write-up. I certainly appreciate this website. Stick
    with it!

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  10. Whoa, too much Christmas cheer and hangover speech coming from the Dims this morning, whats wrong nothing seemly going your way?
    The economy is doing fantastic, Muller and team are lining their pockets with cash as a typical Dem would do with fake news to make money off of.
    The war fir our US soldiers has ended but the Dims still wanna fight! Fight not only abroad but back home also by not protecting our countrues borders.
    Lives have not been "ruined" but have finally been saved from drowning in regulations.
    It is time for the juvinal liberal crybabies to be put in time out, this is what politics is about right? "Your turn" "our turn" egads time to grow up, we suffered with "your" guy and what changed? Now it's your turn! Ps "we" love the changes.

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    1. The stock market went up when Clinton was impeached. Hopefully the same happens this time.

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    2. Do you think 8:26 drools on his keyboard?

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    3. I love being accused as ‘juvinal’.

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    4. I’ve traveled much, but never to any countrues, where is that 8:26?

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    5. Same old tired fact free run on sentences, "juvinal," "Muller," we in quotes, etc.

      We may have to suffer through the abomination of a pr*sident the Russians gave us, but can't the St Petersburg troll masters show some mercy and assign someone other than the Dim Russian Troll to cover this blog? There must be at least one semi-intelligent troll they can spare every once in a while.

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  11. The 2019 wish list: impeach mike pence 1st. impeach 'djt' second and then we have the first female president.

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  12. Markets back up and gaining today. Happy New Year.

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    1. West December since the Great Depression

      Troll got trumped!!

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  13. Prepare for 2019 Year of everything Fake from the Progressives.

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    1. Translation: Get ready for impeachment.

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    2. Me I'm already stocked up and ready for the impeachment party. Can't friggin' wait

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  14. Cadet Bogus Bone Spurs:

    https://talkingpointsmemo.com/muckraker/nyt-the-bone-spurs-diagnosis-that-let-trump-dodge-vietnam-may-have-been-bogus

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  15. Suprise - Surprise, President Trump and the First Lady flew on Christmas night to arrive in Iraq so that they could spend time visiting with the troops.
    Happy Holidays*

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    1. I hear the Iraqis have mistaken him for Saddam.

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    2. Too late to save face. They missed the holiday.

      But did she wear her pith helmet?

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    3. Too late to save face. They missed the holiday.

      But did she wear her pith helmet?

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    4. Just a test run to see how close he can get to Russia for when that real state prison time is imminent and he needs to request asylum from his partner, Putin.

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    5. Since when did our troops become so needy like snowflakes

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  16. When ever the 'political truth' starts to get louder old 'bone spur' takes off, to hide out and give more of his worthless self political chest pounding on his own behalf.

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  17. In 2019 President Trump will fight back and destroy the Neo Liberal and Neo Conservative Corrupt Establishments and destroy the corrupt lying deep state rats like Comey and Clapper and Mueller.

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    1. OK, baby fuhrer

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    2. Um, excerpt mueller was appointed by the guy trump appointed...

      Fail!

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    3. Trump is a pussy and the only thing he is capable of destroying is the furniture in the Oval Office.

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  18. What is the time differance in the middle east 3:15pm? You are aware of the sun rising and setting in your part of the world, yes?

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    Replies
    1. Why not respond directly
      You’ll appreciate the ‘differance‘!

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    2. 4:47 was dropped on his head as an infant.

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  19. A second mad dash for the first ladies semi nude photos (the first being by the Saudi men before the dTurmpf's visit there last year).

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  20. All those pinched logs of stinking Republican politicians in 2018 are here at this link.https://www.sfgate.com/technology/businessinsider/article/Deportation-bus-politician-jailed-after-being-13492558.php

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