Wall Street Journal Drops Bombshell Impeachment Report – Trump Just Sealed His Fate

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On Thursday, Mr. Trump made sure he covered all his bases on Twitter, this time by attacking the giant retail company Amazon.com. Trump may have made a huge mistake slamming CEO Jeff Bezos and his company, which had $136 billion in sales for 2017. Trump tweeted:

After Trump’s tweet went up, Amazon’s stock prices began to go up. According to The Wall Street Journal:

‘Maybe investors are figuring out that deploying federal power against the online retailing behemoth isn’t as easy as pressing “Tweet”—for which Americans should be grateful no matter what they think of Amazon.’

What may have been behind Trump’s tweet is the fact that Jeff Bezos owns The Washington Post, which has been very critical of Trump and his administration. The Journal reported that Trump got his facts all wrong saying:

‘Mr. Trump’s other big gripe is that taxpayers are on the losing end of Amazon’s deal with the U.S. Postal Service. But that story is also more complicated. The Post Office has often operated at a net loss, but package volumes grew in fiscal 2017 by more than 11%, making it a rare growth market. Many of the additional 589 million boxes delivered last year came from Amazon.’

The Journal continues saying:

‘Though imperfect, the deal is mutually beneficial. The Post Office arguably needs Amazon more than Amazon needs the Post Office. The Post Office could drop Amazon as a delivery partner, but it would likely have to raise prices elsewhere or endure higher losses. Would Mr. Trump take credit for that?’

In addition, what is of higher concern is that The Journal warns Trump that his tampering with the retail giant could actually lead to his impeachment. The Journal wrote:

‘Mr. Trump could try to unleash the Internal Revenue Service, though that would be a scandal that could be an impeachable offense. The press and prosecutors would not give the Trump IRS the pass they gave Lois Lerner during the Obama years for targeting conservative nonprofits with extra scrutiny.

‘Mr. Trump can rail against anyone he wants, but America is still a nation of laws, as Mr. Obama also discovered. This is a lesson Mr. Trump’s critics forgot as they cried wolf over a fascist takeover. The political reality is that the more Mr. Trump publicly assails Amazon, the harder it will be to take regulatory action, deserved or not.’

Featured image by MANDEL NGAN/AFP/Getty Images