The Rundown - Fri 12/8/17: Franken's gone, and Franks too; Brian Wesbury

Great guest today at 8:06 AM: Brian Wesbury, one of the best economists in America, joins us to answer a listener "I've been Wondering" question about money. Actually a few related questions. Like, what is money, really? Where does it come from? How does it get into the economy and who decides how much?

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Shortly after the unusual almost-resignation speech of Sen. Al Franken (D-MN) in which he said he would resign at some point soon over things he hasn't done, Rep. Trent Franks (R-AZ), one of the most outspokenly conservative members of the House of Representatives let it be known he would be resigning as well, just beating the news that he had been asking female members of his House office staff if any of them would be open to a being surrogate mother as Franks and his wife have found themselves unable to have children through the usual methods. It's a rather creepy and unsettling conversation even to imagine, though it's rather in a different category than the charges which have recently taken down or been leveled at other members of Congress.

Anyway, Franken first: He admitted nothing, apologized not at all, and was sort of sad and defiant at the same time. In a way, I don't blame him. In any other political environment, he would have survived this. But it's not any other political environment, and the Dems need to be ready to destroy Roy Moore and the GOP if Moore wins in Alabama next Tuesday; that's what the rush to banish Franken is about. Not that I'll miss the guy.

 

Rep. Franks' statement is, unsurprisingly, a bit odd:
https://www.cnn.com/2017/12/07/politics/trent-franks-leaving-congress-statement/index.html

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I'm really not a big fan of "use by" or "sell by" dates, and I like this story a lot:
http://www.bbc.com/news/business-42217026

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There was a wonderful moment at the White House yesterday as President Trump honored veterans of the attack on Pearl Harbor 76 years ago this Thursday:

 

And finally, his parents must be so proud:

 
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