Trump and Nixon

Parallels [The Daily Reckoning] May 29, 2024 [WEBSITE]( | [UNSUBSCRIBE]( Trump and Nixon Portsmouth, New Hampshire [Jim Rickards] JIM RICKARDS Dear Reader, We all know about the non-stop lawfare attacks on Donald Trump. You might like Trump or hate him, but it shouldn’t matter. Every American who cares about justice and the rule of law should be concerned about them. It corrodes the system of justice that’s long been a source of national pride. Besides being a financial analyst, I’m also an attorney with a deep understanding of constitutional law. And what they’re trying to do to Trump is unconstitutional in many cases, and in some instances egregiously so. I’m not a fan of Joe Biden to put it mildly. But I’d be equally appalled if Republicans used the same type of lawfare against him based on specious legal grounds. It shouldn’t happen in the United States, period, regardless of political orientation. It shouldn’t be a partisan issue. But unfortunately, Democrats have chosen to open Pandora’s box. Beyond the current lawfare, Democrats moved against Trump from the very beginning, in cooperation with the deep state. Get Trump at Any Cost It began with the Russian collusion hoax orchestrated by Hillary Clinton in 2016 followed by Operation Crossfire Hurricane run by the FBI and CIA that tied the Trump administration in knots (as intended) from 2017–2019. This was followed by two impeachments (2019 and 2021) on bogus charges, then the Jan. 6 setup where Trump urged a peaceful demonstration at the Capitol, but Nancy Pelosi refused to deploy the National Guard (as Trump requested) or to notify the Capitol Police (standard operating procedure) in order to precipitate the riot helped along by lots of undercover FBI agents egging the protesters on. Once Trump decided to enter the 2024 presidential race, he was hit with an “insurrectionist” label to kick him off state ballots in Maine and Colorado, then with the Jan. 6 case in Washington; the classified documents case in Palm Beach; the RICO conspiracy charge in Fulton County, Georgia; and most ridiculous of all, the loan application and “hush money” cases in New York City that threaten to bankrupt Trump or put him in jail. That’s quite a list but the lawfare freaks have a few more tricks up their sleeves between now and the next election. [ALERT: Billionaires Dumping]( Zuckerberg sold $1.2 billion of META…Bezos sold $8.5 billion of AMZN…Jamie Dimon sold $150 million of JPM…The Walton family of Walmart sold $1.5 billion of WMT…Which begs the question… [Why is the “smart money” pulling out of the market right as retail investors are piling in?]( Well, that’s why Jim Rickards—former advisor to the Pentagon, The White House, and the CIA—has uploaded a new urgent warning for you. In it, he reveals a way to “opt-out” of this crazy market panic with an entirely different strategy that no one is talking about… And help you get in position for what’s coming next. [Click Here To Learn How To “Opt Out” Now]( Serve Trump, Pay the Price What’s not as well-known are the other targets of Democratic lawfare, including Trump-affiliated lawyers and advisers. These include the 73-year-old Harvard-trained economist Peter Navarro, who is now in federal prison; former Trump campaign manager and adviser Steve Bannon, who is now awaiting imprisonment on federal charges; former New York City Mayor Rudy Giuliani, who was hit with a summons at his 80th birthday party; and John Eastman, a prominent lawyer and constitutional scholar who was arrested in Arizona on 2020 election charges despite having had no involvement in contesting the Arizona election results. Lawfare is being used against candidates, advisers, members of Congress, judges and others who in any way support Trump or his policies The purpose of this is clear. Lawfare fanatics not only want to disable Trump, but they also want to disable his advisers and intimidate any other qualified professionals from helping Trump. This is not just lawfare; it’s warfare. Even if the charges are completely bogus, which is almost always the case, you have to hire attorneys to defend you in court. That could potentially cost hundreds of thousands of dollars — or more in Trump’s case. Donald Trump might be able to afford to hire all these expensive lawyers to defend him. But most others can’t. So lawfare is designed to ruin them financially. And that’s the point. Even if you win in court, you still lose because you’ve been ruined financially, or at least badly damaged. Anyone on Team Trump who doesn't understand the stakes will get run over or worse. But is it really new? Nixon and Watergate Lawfare is a good way to understand what happened to Richard Nixon during the Watergate scandal in 1972–1974 that resulted in his being driven from office. First, some context is required. Nixon was elected in a close election in 1968 and then reelected in one of the greatest landslides in U.S. history in 1972. (Nixon carried 49 of the 50 states. Nixon’s opponent George McGovern carried only Massachusetts and Washington, D.C.). It should be noted that Nixon had an impactful presidency. He opened relations with China after a 25-year freeze, ended the Vietnam War (started by John F. Kennedy and escalated by Lyndon Johnson) after 10 years of combat and over 50,000 Americans killed, created the Environmental Protection Agency (for better or worse) and was president when the first men landed on the moon. Nixon also negotiated the first nuclear arms limitation treaty with the Soviet Union. To this day, there is no evidence that Nixon knew about the Watergate break-in in advance or had any hand in authorizing it. But as is often said, the cover-up is worse than the crime. [Urgent Publisher Warning]( Hi, I’m Matt Insley. I’m the Publisher at Paradigm Press. Today, I have [bad news to share]( regarding the future of Jim Rickards’ newsletter. [Click Here Now For My Announcement]( The Long Knives Were out for Nixon Once the break-in participants were arrested, the White House went into damage-control mode. There’s no doubt Nixon broke the law by authorizing payments to the burglars and their families. He was also aware of perjury by some of his aides. Still, these were not momentous crimes relative to what almost all of his predecessors had done. Nixon’s acts could arguably be viewed as in the national interest to preserve what had been a successful administration in both domestic and foreign policy. The scandal could have ended with some criminal trials of both campaign officials and some White House officials involved in the cover-up. But the FBI, liberal media and Democrats were out for blood. Using leaks from Mark Felt (deputy director of the FBI also known as Deep Throat), friendly media outlets like The New York Times and The Washington Post and hearings in the Democrat-controlled Senate (summer of 1973) and House (summer of 1974), Nixon’s enemies raised the temperature and, in the end, made Nixon’s resignation almost inevitable due to the threat of impeachment. Donald Trump has been through this and more; he’s been impeached twice. The point is Trump should study the Watergate playbook to avoid some of Nixon’s mistakes and for guidance on how to stand up to the wolf pack behavior of the progressive media. He’s going to need all the help he can get. Regards, Jim Rickards for The Daily Reckoning [feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) P.S. I call this book [“the most dangerous book in America.”]( And I want as many Americans as possible to get a copy. But with fewer than 500 copies left, my publisher may run out of stock soon. I don’t know if or when more copies will be printed. So you should get your copy today. So here’s how to claim yours: - [Click this link to watch my short message.]( - Review your account information. - Confirm you’d like to accept my offer. And I’ll get your copy of the most dangerous book in the mail right away. Remember → there are under 500 in stock. So to claim your book… [Simply click here and I’ll explain what you need to do.]( Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) [Jim Rickards] [James G. Rickards]( is the editor of Strategic Intelligence. He is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. He is the author of The New York Times bestsellers Currency Wars and The Death of Money. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your The Daily Reckoning e-mail subscription and associated external offers sent from The Daily Reckoning, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@dailyreckoning.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. 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