Foreign Interference

JM Ashby
Written by JM Ashby

(Cartoonist - Adam Zyglis)

In other news, American consumer spending was weaker than expected in August, increasing by just 0.1 percent. Business investment was also lower than forecast.

The disappointing data on consumer spending and business investment led many economists to slash their estimates for growth in the July-September quarter. Oxford Economics cut its forecast from an annual rate of 1.8% growth to just 1.3%. Economists at Morgan Stanley lowered theirs to 1.5% from 2.1%.

Meanwhile, Iranian President Hassan Rouhani says the U.S. will have to give up more than it did in 2015 to reenter the nuclear deal at this point. Understandable.

Finally, Vanity Fair reports that former GOP Speaker Paul Ryan has been lobbying Fox CEO Lachlan Murdoch to dump Trump.

And according to four sources, Fox Corp CEO Lachlan Murdoch is already thinking about how to position the network for a post-Trump future. A person close to Lachlan told me that Fox News has been the highest rated cable network for seventeen years, and “the success has never depended on any one administration.” (A Fox Corp spokesperson declined to comment.) [...]

In recent months, Rupert’s oldest son has been holding strategy conversations with Fox executives and anchors about how Fox News should prepare for life after Trump. Among the powerful voices advising Lachlan that Fox should decisively break with the president is former House speaker Paul Ryan, who joined the Fox board in March. “Paul is embarrassed about Trump and now he has the power to do something about it,” an executive who’s spoken with Ryan told me. (Ryan did not return a call seeking comment.) But a person more sympathetic to Trump has told Lachlan that Fox should remain loyal to Trump’s supporters, even if the network has to break from the man. “We need to represent our viewers,” the source said. “Fox is about defending our viewers from the people who hate them. That’s where our power comes from. It’s not about Trump.”

I feel like you need more than a pinch of salt with this. More like a wheelbarrow of salt. But I suppose this is how the sausage is made.

Have a good weekend, folks.

  • “Paul is embarrassed about Trump and now he has the power to do something about it,”

    As opposed to when he was, oh, I don’t know, SPEAKER OF THE HOUSE. Yes, he was totally powerless back then.

    I will say, if FOX News turned on Trump, that would be a huge deal. Even so, FOX News is evil and needs to die.

    • mnpollio

      Agreed. Nothing Ryan says should be taken seriously nor should he ever be allowed to make an appearance in polite society again (and if he takes Dick and Liz Cheney under each arm as he goes into exile, no one would complain). The “new face” of the Republican Party was just the same as the old two faces with a more youthful polished appearance. He spouted the same Ayn Rand BS that they had been having wet dreams over for decades – nothing new. The fact that the mainstream media fell for the fantasy that he was a “very serious policy wonk” was a complete dereliction of duty on their part. The man was a complete failure as a Speaker of the House and totally enabled the corrupt presidency we are witnessing. Any attempt to rehabilitate as something different should be immediately squashed.

      Fox News would only possibly turn on Trump if their bottom line was impacted, but even that is an if. Trump is forwarding the agenda that evil a-holes like Rupert Murdoch approve of, so they may eternally hold their noses and cover for him in return. Didn’t Murdoch continue to run Glenn Beck over in the UK for months without any substantial ad revenue coming in because Beck was forwarding the agenda Murdoch wanted? Apparently destroying reality and political norms is more important to the Viper from Down Under and his hatchlings than making a buck, which tells you how filthy and undeservedly rich the Murdoch clowns are. Plus I do not believe that even a dictate from on high would dissuade uber-douches Hannity and Carlson from continuing to kiss Trump’s ass.

  • Draxiar

    Ryan knew trump should have been dumped a damn long time ago and stuck with him for party over country. He’s a fucking coward as are the majority of Republicans. While it’s refreshing that he’s urging FOX to do this he’s doing it from a safe position and while he doesn’t have any influence over policy. He is part of the reason we are in this shit bucket right now. He should have spoken up years ago. Fuck Paul Ryan. He should go back to having goofy pictures taken of himself working out and disappear from the political arena.

  • Aynwrong

    I’m drained and all out of snark. Everyone enjoy the weekend.

  • muselet

    • The drops in consumer spending and business investment aren’t really a surprise. Uncertainty tends to make people and companies cautious.

    • “It’s not about Trump.” Sure. Whatever you say.

    • Again, Volbeat sounds like a second cousin to Boston, even though the band is Danish. Weird, but in a good way.

    Have a good weekend, all.