Monday , November 18 2019
Home / S. Sumner: Money Illusion / More babysitters are desperately needed

More babysitters are desperately needed

Summary:
The Great Left Wing Conspiracy Against Trump continues: Mr. Bolton got into a sharp exchange on July 10 with Gordon D. Sondland, the Trump donor turned ambassador to the European Union, who was working with Rudolph W. Giuliani, the president’s personal lawyer, to press Ukraine to investigate Democrats, according to testimony provided to the investigators. Mr. Bolton instructed Fiona Hill, the senior director for Russian and Eurasian affairs, to notify the chief lawyer for the National Security Council that Mr. Giuliani was working with Mick Mulvaney, the acting White House chief of staff, on a rogue operation with legal implications, “I am not part of whatever drug deal Rudy and Mulvaney are cooking up,” Mr. Bolton, a Yale-trained lawyer, told Ms. Hill to tell White House

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The Great Left Wing Conspiracy Against Trump continues:

Mr. Bolton got into a sharp exchange on July 10 with Gordon D. Sondland, the Trump donor turned ambassador to the European Union, who was working with Rudolph W. Giuliani, the president’s personal lawyer, to press Ukraine to investigate Democrats, according to testimony provided to the investigators.

Mr. Bolton instructed Fiona Hill, the senior director for Russian and Eurasian affairs, to notify the chief lawyer for the National Security Council that Mr. Giuliani was working with Mick Mulvaney, the acting White House chief of staff, on a rogue operation with legal implications,

“I am not part of whatever drug deal Rudy and Mulvaney are cooking up,” Mr. Bolton, a Yale-trained lawyer, told Ms. Hill to tell White House lawyers, according to the testimony.

Nothing to investigate here; it’s just Nancy Pelosi picking on poor Donald Trump.

Seriously, Bolton is an radical hawk, but at least he’s not personally corrupt.  He got out at the right time.  Is Steve Mnuchin the only grown-up left in the Trump administration?  Mnuchin is not available 24/7; they desperately need more babysitters.

Update:  Headline of the day:

I Knew John Bolton Liked Regime Change, I Just Assumed He Meant Overseas


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Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

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