4TR Trump whistleblower fuels political divide


JIM: DEMOCRATS ON CAPITOL HILL BEGIN THEIR IMPEACHMENT INVESTIGATION. TOUGH TALK DIRECTED AT IRAN RAISES THE THREAT OF MILITARY ACTION. AND…THE FEDERAL RESERVE COMES TO THE RESCUE OF BANKS THAT IN SOME WAYS FELT EERILY SIMILAR TO THE FINANCIAL COLLAPSE MORE THAN A A DECADE AGO. ALL THINGS TO TALK ABOUT THIS MORNING WITH GREGG JOHNSON… FORMER PRESIDENT OF AFSCME LOCAL 46. AND…ROCK ISLAND COUNTY REPUBLICAN PARTY CHAIR DRUE MIELKE. IT’S GOOD TO SEE YOU BOTH. 3 WE’RE GOING TO START WITH THE BANKS. THIS IS A STORY THAT DIDN’T GET A LOT OF ATTENTION THIS WEEK. A BIG PART OF BANKING ACTIVITY INVOLVES OVERNIGHT LOANS. BANKS BASICALLY MAKE VERY SHORT-TERM LOANS TO EACH OTHER TO MAKE SURE THEY HAVE ENOUGH IN RESERVES. THERE’S A LOT OF BACK AND FORTH. IT CAN GET STICKY IF THE FEDERAL RESERVE HAS TO STEP IN AND DELIVER A CASH INFUSION BECAUSE THE BANKS DON’T HAVE ENOUGH MONEY TO MEET THEIR RESERVES. WELL…THAT HAPPENED TWICE THIS WEEK TO THE TOTAL OF 128-BILLION DOLLARS. WE HAVEN’T SEEN THE FED DO ANYTHING LIKE THIS SINCE 20-08. WE ALL REMEMBER HOW WELL THAT TURNED OUT. THE FED ALSO CUT INTEREST RATES THIS WEEK. RIGHT NOW ANALYSTS DON’T EXPECT A REPEAT BECAUSE BANKS ARE MAKING HUGE PROFITS. WHAT IS THE POTENTIAL THIS BECOMES A BIGGER ISSUE IN NEXT YEAR’S ELECTION? WHO WINS THE ECONOMIC ARGUMENT? [JOHNSON/MIELKE ANSWER] 3 JIM: 3 LAST WEEKEND’S AIR ATTACKS ON SAUDI ARABIAN OIL FACILITIES QUICKLY PROMPTED THE UNITED STATES TO POINT THE FINGER AT IRAN. THE PRESIDENT IMPOSED MORE SANCTIONS AGAINST IRAN THAT’S GETTING CLOSE TO BRINGING ITS ECONOMY TO A HALT. PRESIDENT TRUMP ALSO INDICATES HE WILL CONSIDER EVERY OPTION TO DEAL WITH IRAN. IRAN’S FOREIGN MINISTER THREATEND AN ALL OUT WAR IF HIS COUNTRY IS ATTACKED. MEMBERS OF CONGRESS ARE TALKING MORE SERIOUSLY ABOUT IT. I BROUGHT UP THE PROSPECT OF WAR A FEW WEEKS AGO AND IT DIDN’T GET MUCH CONSIDERATION. IS IT MORE LIKELY NOW? DO YOU THINK THE COUNTRY IS READY FOR IT? WHAT ARE THE POLITICAL RAMIFICATIONS THAT WOULD GO ALONG WITH IT? [JOHNSON/MIELKE ANSWER] 3 JIM: 3 DEMOCRATS ARE LEADING THE CHARGE ON AN IMPEACHMENT INVESTIGATION IN CONGRESS. THE HOUSE JUDICIARY COMMITTEE HELD ITS FIRST HEARING THIS WEEK. FORMER TRUMP CAMPAIGN MANAGER COREY LEWANDOWSKI’S APPEARANCE QUICKLY BECAME A COMBATIVE POLITICAL SPECTACLE. EVERYBODY KNOWS THAT THERE’S NO CHANCE THE PRESIDENT WILL BE IMPEACHED. WHY ARE DEMOCRATS PURSUING IT? ISN’T THIS A WASTE OF TIME? HOW RISKY IS IT FOR THE DEMOCRATS POLITICALLY? [JOHNSON/MIELKE ANSWER] 3 JIM: 3 A STORY BROKEN BY THE WASHINGTON POST THIS WEEK PUT THE PRESIDENT ON THE DEFENSIVE. IT REPORTS A WHISTLEBLOWER IN THE AMERICAN INTELLIGENCE COMMUNITY FILED A COMPLAINT AGAINST THE PRESIDENT ABOUT A CONCERNING PROMISE HE MADE TO A FOREIGN LEADER. THE POST UPDATED ITS REPORTING TO INDICATE IT INVOLVES THE UKRAINE. THE DIRECTOR OF NATIONAL INTELLIGENCE WON’T LET CONGRESS SEE THE COMPLAINT SO THE DETAILS ARE HIDDEN. I BROUGHT UP THE RISKS DEMOCRATS ARE TAKING BY PURSUING IMPEACHMENT. HOW CONCERNED SHOULD THE AMERICAN PUBLIC BE ABOUT THIS? ARE REPUBLICANS AT THE POINT WHERE THEY’LL DEFEND THE PRESIDENT AT ALL COSTS?[JOHNSON/MIELKE ANSWER] 3 JIM: 3 DRUE MIELKE… GREGG JOHNSON… THANKS FOR THE DISCUSSION. IT’S NEVER BORING. STRAIGHT AHEAD… LATIN DANCE… WHAT UNEXPECTED POLITICAL MOVE THE PRESIDENT IS MAKING HE THINKS WILL BRING SUCCESS AT THE




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