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Notorious right-wing economist claims Obama caused the financial crisis — two years before he was elected

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On Monday, right-wing economist Arthur Laffer went on Fox News and warned that if Bernie Sanders is elected president, he would cause a financial crash just like the one Barack Obama caused in 2007 — two years before he took office.

“By giving to those who have a little bit less, you provide them with an alternative source of income, other than working, and they too will produce a little bit less,” said Laffer, who is best known for his belief that tax revenues will go up the more you cut taxes for the rich, and who helped design the package of tax cuts that wrecked the state of Kansas. “Now this is math. It’s not left-wing, right-wing, Republican, Democrat, it’s not liberal or conservative. It’s just plain economics.”

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“Whenever you redistribute income, you reduce total income, and that is what [Sanders is] doing, and I’m very afraid that if he were elected, we would have an enormous crash in the market,” said Laffer. “Now that crash would come in anticipation of his election, but it’s much like Obama, who I believe was the reason we had the Great Recession. As he got closer and closer to winning, the markets collapsed.”

The actual cause of the 2007 financial crisis and ensuing recession was a runaway mortgage market that bundled together bad loans to sell as high-yield investments on Wall Street. This problem started years before Obama was even conceived of as a presidential candidate. Moreover, the economy rebounded and then some once Obama’s policies were actually implemented.

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Donald Trump whines ‘it’s not fair I’m being impeached’

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President Donald Trump said Friday that he was fine with a "longer" impeachment trial in the U.S. Senate because he wanted to call his own witnesses to appear, despite Senate Majority Leader Mitch McConnell's resistance.

Yet, when he returned to Twitter Friday night, Trump lamented that it wasn't fair he was being impeached.

"It’s not fair that I’m being Impeached when I’ve done absolutely nothing wrong! The Radical Left, Do Nothing Democrats have become the Party of Hate. They are so bad for our Country!" he tweeted.

https://twitter.com/realDonaldTrump/status/1205648124989100033

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‘Moscow Mitch’ blunder means Donald Trump can never be vindicated: Harvard Law’s Laurence Tribe

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Constitutional law expert Laurence Tribe blasted Senate Majority Leader Mitch McConnell (R-KY) for violating a legal principle that has existed for over 1,000 -- and his move means that President Donald Trump can never be vindicated during impeachment.

Tribe, who has taught at Harvard Law School for 50 years and argued 36 cases before the United States Supreme Court, has been advising Speaker Nancy Pelosi and House Democrats during the impeachment inquiry. He was interviewed on Friday by MSNBC chief legal correspondent Ari Melber.

Tribe said, "what it looks like is that the majority leader is going to conduct this trial as though he's a member of the defense team," Tribe said. "You know, it's an ancient principle, centuries-old -- actually over a millennium old -- that you can't be a judge on your own case and effectively, to allow Donald Trump to call the shots, violates that principle."

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Democrats ‘are being more republican than Republicans’ in Judiciary Committee memo: Post columnist

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A Washington Post editorial is singing the praises of the Judiciary Committee's memo about the impeachment charges President Donald Trump is facing. The memo, titled “Constitutional Grounds for Presidential Impeachment” details the fundamental principles of the Constitution the founders outlined to guarantee the country wouldn't fall at the hands of corruption.

"The memo is remarkably originalist. Regardless of what happens with the impeachment, we are getting a much-needed civics lesson," The Post explained.

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