Welcome to Saturday.
It’s freezing-ass cold.
“All the leaves are brown, and the sky is grey (and the sky is grey)…”
Another day in the bizzaro world. We’re living in a Salvador Dali painting. Watching the news is like looking into a funhouse mirror. Add “2017” to the Wikipedia page for “surrealism.” The “new normal” is decidedly “abnormal.”
We woke up to find Donald Trump in stream of consciousness mode (as usual). Here’s a sample:
It goes without saying at this point that virtually no one (Republicans or Democrats) agrees with Trump with regard to the hacking allegations.
For instance, although Paul Ryan tried his best not to delegitimize or in any way cast doubt upon Trump’s victory, the Speaker said on Friday that Russia “clearly tried to meddle in the US political system.” This is apparently “clear” to everyone on both sides of the aisle.
The only thing that isn’t clear is why the President-elect is so hell-bent on defending the Kremlin. This goes far beyond any story (real or make-believe) about cyber espionage. Trump’s obsession with Moscow has crossed the line from comical to downright bizarre.
Look at his ties to the alt-right media (the Breitbart connection) which is unabashedly pro-Russia. And then there’s the decision to make Rex Tillerson the nation’s top diplomat. And the constant pro-Kremlin Twitter harangues. It’s the weirdest damn thing I think I’ve ever seen from an incoming President.
Yet somehow, large swaths of the American electorate have decided they don’t even want to consider how strange this is. Here’s a guy whose campaign was built on a nationalist, protectionist, “America-first” agenda, and half his waking life seems to be tied up in defending Moscow (with the other half dedicated to deriding Mexico and China).
If it ever comes out that there’s more to this story than the public knows (and you can bet there is), there are going to be a whole lot of disillusioned people out there.
Bonus charts from Goldman: