Connect with us

Economics

Vladimir Putin hardly needs to interfere in American democracy

Published

on

Listen to this story.
Enjoy more audio and podcasts on iOS or Android.

Your browser does not support the <audio> element.

President Vladimir Putin of Russia must get a kick out of spreading disinformation to Americans for its own sake. Otherwise it is hard to see why he would bother. As has episodically been the case for eight years, Washington is abuzz over allegations of Russian manipulation. The special counsel investigating President Joe Biden’s son, Hunter, has charged an FBI informant with telling lies about the president that have been central to Republican efforts to impeach him; the indictment links the informant to Russian intelligence.

You might expect such a dramatic development to derail the impeachment. That would betray a touching faith that the truth mattered in the first place. Republicans who once trumpeted the informant’s claims are shrugging them away and insisting that impeachment will move ahead based on other suspicions and suppositions, though the Republicans’ two-seat majority in the House of Representatives is all but certain to doom any vote, given the misgivings of some members.

This is not to minimise Russian efforts to undermine democracy. Robert Mueller, the special counsel who investigated Russian interference in the 2016 election, found it “sweeping and systematic”. But politicians of both parties have shown that when it comes to spinning conspiracies and spreading dysfunction they can manage on their own. Republican members of the House are the best at this. The most shocking facts are not emerging from the shadows thanks to congressional investigations but are being paraded in the open thanks to congressional inanity, from the refusal of House Republicans even to vote on the Senate’s bipartisan agreement to tighten border security and help Ukraine and Israel, to their inability to agree among themselves on budget priorities with a government shutdown looming, tiresomely, yet again.

The story of the informant, or misinformant, has the familiar, miasmic qualities of other scandals in the Trump era. No one is said to have peed on anyone, but the tale does involve vivid characters, duplicitous dealings in European capitals, affectionate texts with FBI agents, investigations of investigations, ties to Ukraine and, in the end, benefits to Russia.

Before he was arrested in mid-February Alexander Smirnov, a dual citizen of America and Israel, had been slipping the FBI information for 13 years. The agency trusted him enough to authorise him to commit crimes as part of investigations, though it warned him not to lie, at least not to the FBI, according to the indictment. Mr Smirnov, now 43, was in contact with his handler almost daily; he called the agent “bro”.

In 2013 Mr Smirnov was struggling with credit-card debt of $125,000, according to the Los Angeles Times, but prosecutors say he now has access to $6m, though he does not own a house or have a job, at least in America. He does have nine guns at home, prosecutors say. He has pleaded not guilty.

Here comes the complicated bit. You recall Burisma, the Ukrainian gas firm of which Mr Biden’s son, Hunter, became a member of the board while his father was vice-president? In 2017 Mr Smirnov mentioned to his handler that Hunter Biden was on the board, as was known. Then, in 2020, as Mr Biden was running against Donald Trump for president, Mr Smirnov sent his handler texts “expressing bias” against Mr Biden, according to the indictment. When he promised information incriminating the Bidens, the handler replied, “that would be a game changer.”

Meanwhile, in early 2020, the attorney-general under Mr Trump had directed Scott Brady, a US attorney, to investigate the suspicions of Biden family corruption about which Mr Trump had previously demanded that Ukraine launch an investigation, triggering Mr Trump’s first impeachment. After Mr Brady tasked the FBI with searching its files for “Burisma”, the mention from 2017 popped up, and the handler contacted Mr Smirnov. This time Mr Smirnov said Burisma’s chief executive told him as far back as 2015 that the company paid bribes of $5m apiece to the Biden men. The FBI recorded the new accusations on a “Form 1023”.

In 2023 Republican congressmen got wind of the form and demanded it, extracting it and publicising it after threatening the FBI director with contempt. Although the information was uncorroborated, Nancy Mace, a South Carolina congresswoman, declared at the first impeachment hearing in September that “we already know the president took bribes from Burisma.” Jim Jordan of Ohio called the FBI document “the most corroborating evidence we have”, while Elise Stefanik of New York saw “the biggest political corruption scandal” of “the past 100 years”.

An imperfect spy

Mr Smirnov’s claims did not withstand the slightest scrutiny, according to the indictment. He did not meet any Burisma executives before 2017, and meetings and calls that he described never took place, the indictment says. When agents met with him in September, according to the indictment, Mr Smirnov changed his story and told new lies. He said that when Hunter Biden stayed in Kyiv’s Premier Palace hotel his calls may have been recorded by Russian intelligence. Yet Mr Biden has never even been to Ukraine. Mr Smirnov, prosecutors warned, “is actively peddling new lies that could impact US elections after meeting with Russian intelligence officials in November”. They have successfully argued that he is a flight risk who should be detained pending trial.

No Republican who hyped Mr Smirnov’s accusations has expressed regret, and the leader of the committee pursuing impeachment, James Comer, insists his inquiry, which has yet to produce evidence of a crime by the president, “is not reliant” on them. It would be reassuring to discover that, at bottom, Mr Putin is responsible for all this nonsense. What seems more probable is that he offered an assist to politicians already more than capable of wasting their chance to do some good while in office. 

Read more from Lexington, our columnist on American politics:
The flaws that China’s chief ideologue found in America (Feb 22nd)
Donald Trump’s tremendous love (Feb 16th)
This is not a story about Taylor Swift and the Super Bowl (Feb 8th)

Also: How the Lexington column got its name

Economics

What would Robert F. Kennedy junior mean for American health?

Published

on

AS IN MOST marriages of convenience, Donald Trump and Robert F. Kennedy junior make unusual bedfellows. One enjoys junk food, hates exercise and loves oil. The other talks of clean food, getting America moving again and wants to eliminate oils of all sorts (from seed oil to Mr Trump’s beloved “liquid gold”). One has called the covid-19 vaccine a “miracle”, the other is a long-term vaccine sceptic. Yet on November 14th Mr Trump announced that Mr Kennedy was his pick for secretary of health and human services (HHS).

Continue Reading

Economics

What would Robert Kennedy junior mean for American health?

Published

on

AS IN MOST marriages of convenience, Donald Trump and Robert F. Kennedy junior make unusual bedfellows. One enjoys junk food, hates exercise and loves oil. The other talks of clean food, getting America moving again and wants to eliminate oils of all sorts (from seed oil to Mr Trump’s beloved “liquid gold”). One has called the covid-19 vaccine a “miracle”, the other is a long-term vaccine sceptic. Yet on November 14th Mr Trump announced that Mr Kennedy was his pick for secretary of health and human services (HHS).

Continue Reading

Economics

UK economy ekes out 0.1% growth, below expectations

Published

on

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. (photo by Mike Kemp/In Pictures via Getty Images)

Mike Kemp | In Pictures | Getty Images

The U.K. economy expanded by 0.1% in the third quarter of the year, the Office for National Statistics said Friday.

That was below the expectations of economists polled by Reuters who forecast 0.2% gross domestic product growth on the previous three months of the year.

It comes after inflation in the U.K. fell sharply to 1.7% in September, dipping below the Bank of England’s 2% target for the first time since April 2021. The fall in inflation helped pave the way for the central bank to cut rates by 25 basis points on Nov. 7, bringing its key rate to 4.75%.

The Bank of England said last week it expects the Labour Government’s tax-raising budget to boost GDP by 0.75 percentage points in a year’s time. Policymakers also noted that the government’s fiscal plan had led to an increase in their inflation forecasts.

The outcome of the recent U.S. election has fostered much uncertainty about the global economic impact of another term from President-elect Donald Trump. While Trump’s proposed tariffs are expected to be widely inflationary and hit the European economy hard, some analysts have said such measures could provide opportunities for the British economy.

Bank of England Governor Andrew Bailey gave little away last week on the bank’s views of Trump’s tariff agenda, but he did reference risks around global fragmentation.

“Let’s wait and see where things get to. I’m not going to prejudge what might happen, what might not happen,” he told reporters during a press briefing.

This is a breaking news story. Please refresh for updates.

Continue Reading

Trending