Yeah,, the CPI numbers in a second. But I wanted to begin this morning by tossing out what I think is a pretty good idea.
Namely, that Donald Trump, should as I see it, ought to appoint Rudy Giuliani to head up the FBI where everyone knows there’s a job opening.
Why Rudy? Well, there are a ton of reasons….ready to copy?
For one, Giuliani has demonstrated an ability to “lead under fire” — and that seems to be one of the major job requirements. Like Sully and the Hudson landing, Rudy was the “right guy for the job” on 9/11.
Secondly, he knows how to handle democrats, since early in his career he was one, though he’s made a successful recovery. Still, according to sources, he still has a spot in his heart for the “little guy.” That’d be nice, too, having been MIA for a long time.
But it’s in Rudy’s legal qualifications that we find the main reason for Trump to nominate Giuliani. Did you know, for example, he invented the prosecutorial technique called The Perp Wak? Yes (sir, m’am or other) he did that this Rudy fellow.
Let me share the summary of his legal bona fides off Wikipedia:
“In 1981, Giuliani was named Associate Attorney General in the Reagan administration, the third-highest position in the Department of Justice. As Associate Attorney General, Giuliani supervised the U.S. Attorney Offices’ federal law enforcement agencies, the Department of Corrections, the Drug Enforcement Administration, and the United States Marshals Service. In a well-publicized 1982 case, Giuliani testified in defense of the federal government’s “detention posture” regarding the internment of over 2,000 Haitian asylum seekers who had entered the country illegally. The U.S. government disputed the assertion that most of the detainees had fled their country due to political persecution, alleging instead that they were “economic migrants”. In defense of the government’s position, Giuliani testified that “political repression, at least in general, does not exist” under President of Haiti Jean-Claude Duvalier‘s regime.
In 1983, Giuliani was appointed U.S. Attorney for the Southern District of New York, which was technically a demotion but was sought by Giuliani because of his desire to personally litigate cases. It was in this position that he first gained national prominence by prosecuting numerous high-profile cases, resulting in the convictions of Wall Street figures Ivan Boesky and Michael Milken. He also focused on prosecuting drug dealers, organized crime, and corruption in government. He amassed a record of 4,152 convictions and 25 reversals. As a federal prosecutor, Giuliani was credited with bringing the “perp walk“, parading of suspects in front of the previously alerted media, into common use as a prosecutorial tool. After Giuliani “patented the perp walk“, the tool was used by increasing numbers of prosecutors nationwide.
Giuliani’s critics claim he arranged public arrests of people, then dropped charges for lack of evidence on high-profile cases rather than going to trial. In a few cases, his public arrests of alleged white-collar criminals at their workplaces with charges later dropped or lessened, sparked controversy, and damaged the reputations of the alleged “perps”. He claimed that veteran stock trader Richard Wigton, of Kidder, Peabody & Co., was guilty of insider trading; in February 1987 he had officers handcuff Wigton and march him through the company’s trading floor, with Wigton in tears. Giuliani had his agents arrest Tim Tabor, a young arbitrageur and former colleague of Wigton, so late that he had to stay overnight in jail before posting bond. Within three months, charges were dropped against both Wigton and Tabor; Giuliani said, “We’re not going to go to trial. We’re just the tip of the iceberg”, but no further charges were forthcoming and the investigation did not end until Giuliani’s successor was in place. Giuliani’s high-profile raid of the Princeton/Newport firm ended with the defendants having their cases overturned on appeal on the grounds that what they had been convicted of were not crimes.”
I’ve played a fair amount of chess in my life, including games against Grand Masters like Yasser Seirawan. (*I got my ass kicked.)
Nevertheless, I can sense a winning move when I see one. And naming Rudy Giuliani his FBI Director would go a million miles toward restoring confidence in both the Trump administration and the Superfund site we call the District of Corruption.
There’s one more thing to know about Rudy…his experience in another key area:
“According to an FBI memo revealed about 20 years later, leaders of the five New York mob families voted in 1987 on whether to issue a contract for the death of U.S. attorney Rudolph Giuliani. Heads of the Lucchese, Bonanno, and Genovese families rejected the idea, though Gambino leader John Gotti encouraged assassination”
So Rudy has experience working with those plotting his downfall. Which ought to be at least one of the Trump HR filters in place right now, because that’s what democrats are. And if you doubt it, just ask Bernie how it worked out for him.
No, looks from the Outback like Comey was going after Russia allegations and that despite lefty media claims, his #2 at the FBI wasn’t aware of any money requests for a bigger probe… Still the left-leaning press simply has to keep up the pressure on (non-existent so far) Russia slurs because otherwise issues like cheating Bernie, uranium deal to Russia by HILLARY, email server, and the Prime Minister of Bangladesh alleging Clinton Foundation strong-arming…well, that might get back on center stage.
Where was Comey on this obvious crap? Damn right he got fired.
We Pester Lester so Holt On….
But I’ve never seen such a pant-load as was foisted last night.
Wife Elaine has an amazing “artists eye.” She spied it in an instant: “Look! Trumps chair looks shorter than Lester’s!” she exclaimed on first viewing.
We then looked up the height of both men. They are both 6’2″ BTW.
But you wouldn’t know that from how the shots were staged. Lester looks much bigger (thanks to what looks like a taller chair) and in addition, the shoulder shots where Trump is in focus and Holt is visible to the right – make it look like Holt is “looking down” on Trump.
In media studies this is how positional power is communicated to your subconscious without you being aware you’re being programmed anti- Trump. The “who’s in charge” person always is dominant – just like in the animal kingdom (and in Animal Farm, too, come to think of it) and gets to “look down on the sub.”
Lester’s “looking down on Trump” was further evidenced, it seems by interrupting the president nine times in 3-minutes.
Remember I stopped watching Bill O’Reilly the first time I saw him interrupting people whose COMPLETE answers I wanted to hear. I don’t suffer fools.
I’ll save the obvious dot connector.
I’d have to look through the full transcript, but didn’t hear Holt ask about ( in the partial transcripts or during the “big exclusive” interview) I saw, anything that pinged my keywords “uranium,” “foundation,” or “server.”
As I viewer this gets me to wondering: Does NBC play slow-pitch with democrats and save the 100 MPH fastballs (and interruptions) for republicans? Compare what I’d characterize as the slow-pitch Andrea Mitchell interview with Susan Rice with Thursday’s interruption festival with Holt.
If we’re going fishing, let’s plumb all the potential lakes, shall we? Toss even pitches. Ure ump has spoken.
But hey! No facts needed. Let’s just poll things to death, shall we? Sheep can’t question stats…
I’ll say it again: I think the inventor of the “perp walk” would be the guy to root out the media ties to the former administration and the PowersThatBe. The sneakers, leakers, and cross-aisle peekers, too.
But if you have someone more qualified than Giuliani in mind, go ahead and post a comment. Name names. Just remember, you’re revealing a lot about who you are by the choices you’d make… Public creds, track record, honesty and candor. Law degree and meaningful prosecutorial experience, too. Experience under stress. Anyone else in view – really?
On to the CPI Figures
The market has been selling off this week ahead of these. Will it be a “sell the rumor, buy the news day?
Press release, por favor…
“The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.2 percent before seasonal adjustment.
Increases in indexes for shelter, energy, tobacco, and food all contributed to the monthly increase in the all items index. The energy index rose 1.1 percent, with all 3 of its major component indexes rising. The food index rose 0.2 percent, mostly due to a sharp increase in the index for fresh vegetables.
The index for all items less food and energy rose 0.1 percent in April after declining in March. The shelter index increased 0.3 percent, and the tobacco index increased sharply over the month. However, many indexes declined in April, including those for wireless phone services, medical care, motor vehicle insurance, apparel, used cars and trucks, recreation, and new vehicles.
The all items index rose 2.2 percent for the 12 months ending April. While a smaller increase than the 2.4 percent rise for the 12 months ending March, this
is still a larger rise than the 1.7 percent average annual increase over the past 10 years. The index for all items less food and energy rose 1.9 percent over the last 12 months; this compares to a 1.8 percent average annual increase over the past decade. The energy index rose 9.3 percent over the last year, while the food
index increased 0.5 percent.
Credit where due to the Trump administration on something: Last year, the April CPI came out on May 17th. Here we are on the 12th of May this year and we’ve got data. In May 2015 the data came out on May 22nd!
Gee, think someone’s had a fire lit under ’em?
After the data came out, market was showing -25 on the Dow futures, but we expect more like a 30 point rally for the day which would put us about in line with last week’s Friday close. The rationale is simple: The world hasn’t gone to hell in a handbasket this week anymore than it was tracking last week that-a-way.
So why would the market end much different than last week?
We look for a beat down early so the Big Boyz can load up and then a rally next week so the Big Boyz can have Wave 3 of V into the “Sell in May and Go Away” ending…
Tell you what, I don’t understand the NK’s. Why, I send letters and emails to my congressoid all the time with zero, zip, bupkis results, save a form letter. Just because they may have some nukes, why can Kid Korea get in the line with the rest of us?
Send ‘;em a form letter like the rest of us get (“The congressoid sees this as a very important issue to act indecisively on, so while we do furth3er study, blah, blah, blah...”).
Wait! Congress has no stones. Silly me forgetting…
Trade Wars on Horizon
Yeah, we hear how the U.S. has gotten bum trade deals the dems come out and say ain’t true. But even our favorite pack of megalomaniacs – the Brussels Sprouts – are now ramping up trade pressure over Chinese dumping of cheap steel.