Monday, September 30, 2019

September 30, 2019--Ukraine Fall Out

We should stay focused on the House of Representatives' move toward the impeachment of Donald Trump. That is obviously the most important and promising news of the last two, three years.

But also of consequence is the effect it will have on the 2020 election. Concern that it could tip things in Trump's direction was the primary reason Nancy Pelosi was so reluctant to proceed. She remembered how Bill Clinton's approval rating went up while his impeachment unfolded.

So what should we expect?

Unlike Trump, Clinton was in his second term and the economy was booming. Not as currently primarily for wealthy people. So, I am not expecting to see Trump's number rise. In fact, in just the one week since Ukraine Gate was exposed they appear to be plummeting.

Expect then to see Trump take a political hit. Enough, perhaps, to upend his reelection chances.

What then about the Democrats?

I am anticipating that as we get deeper into all that was going on between Ukrainian officials and oligarchs and Trump, his children Giuliani, Paul Manafort (remember him?), and many others there will be much more fall out. Ukraine, after all, is primarily a place known as a money laundry.

Fairly or not, therefore, expect to see Joe Biden driven from the race.

Again, fairly or not expect to see his son Hunter Biden dragged deeper into the mess. Does anyone believe that if his last name wasn't Biden he would have been invited to serve on the board of Burma Holdings, a Ukrainian natural gas producer?

He served on that board from 2014 to 2019, which happens to be among the same years that his father was Barack Obama's Vice President. That didn't hurt his employment prospects.

We know that Trump will hammer away at this. Who could expect him not too. It is teed up for him.

And so Joe Biden will have to leave the race because Democratic voters really do care about draining the swamp. And to make the case that Trump made the swap swampier, Biden needs to not be our nominee. He is already being characterized as part of the problem. By Democratic activists. And as a result he has little chance of being nominated. 

By remaining in the race he will only further sully his reputation.

The main political beneficiary? That's easy--Elizabeth Warren.


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