Today’s paragraphs come to us from Steven Hayward’s article at powerlineblog.com. As you will see below, they talk about what media, somehow, forgot to mention this week – and what it might say about prospects for removing Donald Trump from the presidency:
So, President Trump had a terrible week. CNN, and the rest of the prestige press, told us so. It’s only a matter of time before Trump is brought down. A crisis of the regime is imminent. You can tell things are serious because the stock market . . . hit a record high! Strange how, aside from the Cheerleaders of the Tape at CNBC, we heard so little about this during the Week of Trump’s Doom. What does the market know that the media don’t? Well, of course the answer to that “well, duh” question is—a lot.
But markets should be heeded, and the strength of the market is perhaps a leading indicator of why the Trump Impeachment Processional is unlikely to succeed. As I said yesterday, it seems like we’re doing a re-enactment of the Clinton scandals of the 1990s, which also had its high quotient of bimbos, perjury, and media frenzy. And I can clearly recall that with every new revelation of Clinton perfidy—Whitewater, travelgate, Vince Foster, Rose Law Firm billing records, Kathleen Willey, the MacDougals, Juanita Brodderick, Paula Jones, ad nauseum, ad infinitum—we Clinton haters on the right were sure that this is it!—surely this scandal will prove the tipping point that will get him at last. But by the time Monica Lewinski flashed her thong, Clinton scandal fatigue had set in with the American people. Oh, and don’t forget: the economy was ripping along with robust growth and record highs in the stock market. Sort of like today. Hmmm. I wonder if any Democrats have pondered this. Historical literacy is not their strong suit.
Does Mr. Hayward make sense?
Are media avoiding mention that the NASDAQ and S&P indexes hit all-time highs this week (with the Dow not far behind) because they do not want voters to know about good news that might be attributable to President Trump?
Is he right about the parallel with Bill Clinton?
If the answer to all three is “yes”, Mr. Hayward richly earns Paragraphs Of The Day honors.
And since, in my view, the answer to all three is “yes”, that is what I am awarding him.