You had to wonder why it took Nancy Pelosi so
long to figure out that maybe impeachment was not the big rock-candy mountain
that, for “the resistance,” marked the gateway to a Trump-free nirvana. It
became obvious this week, through the release of the Bruce Ohr and Lisa Page
transcripts, that RussiaGate was birthed entirely by persons in the employ of
Hillary Clintion, with then CIA Director John Brennan as midwife, and the DOJ /
FBI avidly assisting — all of them fully aware that the predicate was false.
What’s more, the evidence timeline makes it clear that Democratic Party
leadership, including Nancy Pelosi, knew it was false. Hence, the pained smile
she’s been wearing these many months.
In
the event of an impeachment proceeding in the House, all that would be
revealed, especially if it got as far as a trial in the US Senate, where the
defense is allowed to mount a case under rules of evidence. Imagine the howls
of embarrassment on late-night TV when even ex-comedian Stephen Colbert would
have to admit that he was gulled into acting as a shill for a seditious con.
I
suppose Ms. Pelosi also made the calculation that any impeachment ginned up by
the likes of Jerrold Nadler and Maxine Waters would be superseded by a slew of
actual indictments among the above-mentioned former law enforcement
officialdom, including perhaps former Attorney General Loretta Lynch and
persons in the Obama White House. You might even include the enigmatic Robert
Mueller, who appears to be liable for the destruction of evidence in his own
inquiry, as well as malicious prosecution.
All
the actual evidence in the public arena indicates that any “collusion” to
interfere with the 2016 election involved agents of the Clinton campaign and US
government employees, not Russians. Of course, it will not be so easy for Mr.
Nadler and Ms. Waters to call off the committee exercises they’ve been
rehearsing, but it will be fun to watch them pissing into the wind as the
indictments roll out.
In
his new book, Peak Trump, David
Stockman called the RussiaGate affair “a Democratic Party Bereavement Ritual,”
an excellent diagnosis. The breast-beating and garment-rending has gone on for
more than two years, inducing a generalized hysteria that has made it impossible
for this country to govern itself, and opening the door to some really serious
mischief as the party’s new Jacobin wing sets up for the advent of an American
failed state.
All
of this is a prelude to equally serious tribulation roaring down the two-lane
pike of finance and economy that will combine with the engineered destruction
of institutional authority from RussiaGate to bring on the greatest crisis
since the Civil War. The money is not there to perform any of the miracles of
redistribution promised by AOC and Bernie Sanders — unless the Federal Reserve
is coerced into printing a whole lot more money out of thin air, in which case
the consequence will be that everybody gets to have a lot of worthless money
that has lost its value.
If
congress wants to play committee games, it might want to investigate how the
USA is going to rack up another $2 trillion in debt to finance its operations
before the 2020 election. They’re the ones who will have to vote to allow that
to happen. The disorders of money coming down in the months ahead, RussiaGate
aside, are sure to discredit both political parties. I doubt that Mr. Trump
will survive it politically and the revenant Republican Party behind him is so
devoid of credible leadership that it could dissolve altogether like an evening
mist preceding the cold darkness of night. By then, the whole American
political establishment will be, as Mencken quipped, like a blind man stumbling around a dark cellar
looking for a black cat that isn’t there.
Hysterias
don’t last forever, but the economic depression ahead will last a long, long
time, and the nation will have to find some way to adjust to a lower standard
of living. None of the nostrums currently in the air — the guaranteed basic
income, Medicare for all, the Green New Deal — will avail to alter that fate.
The big question is just how disorderly and violent the journey through that
will have to be.