Politics

(Washington)

In any interesting twist, President Trump has announced that he may personally testify in his impeachment probe. Trump has indicated he is interested in the idea of being able to set the record straight himself. He says “Even though I did nothing wrong, and don’t like giving credibility to this No Due Process Hoax, I like the idea & will, in order to get Congress focused again, strongly consider it!”. Trump’s comments came at the urging of House speaker Nancy Pelosi’s request for him to testify. The president could testify via writing or in-person.


FINSUM: We doubt this will happen (Trump’s lawyers would probably be remiss in letting him testify in person), but it is an interesting turn. Imagine the media frenzy!

(Hong Kong)

It might seem a bit of an over-exaggeration at this moment, but it is not too far-fetched. Hong Kong is continuing to devolve into ever more violent and disruptive protesting, and the pictures and developments seem to indicate that the situation might be devolving into a kind of disorganized civil war. Protesters have taken siege of the university in the city and the City’s security forces attempted unsuccessfully to forcefully take it back this morning.


FINSUM: What is the mainland going to do here? Things are getting worse and worse.

(Washington)

It has an air of inevitability now that it has happened. President Trump has requested the Supreme Court to block a subpoena that is seeking to obtain his tax returns. The effort is coming from New York, which previously scored a victory in New York courts. Trump’s argument, which he is seeking the Supreme Court to affirm, is that a sitting president is immune from all stages of prosecution. “If the president were prosecuted, the steward of all the people would be hijacked from his duties by an official of few (or none) of them … We are hopeful that the Supreme Court will grant review in this significant constitutional case and reverse the dangerous and damaging decision of the appeals court”, says an attorney for Trump.


FINSUM: Two angles occur here—either Trump does have something to hide, or he is an incredibly sharp political strategist. Consider the scenario of Trump battling to block the release, him ultimately losing, and then prosecutors finding nothing suspicious in his returns. Nothing would prove his witch hunt argument more strongly. It would be a brilliant strategy.

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