“[Trump] would win right now because the Democrats have not succeeded in making this election a referendum on Trump,” longtime Republican and political strategist Rick Wilson told Cheddar on the eve of another sort of referendum — the president’s impeachment trial.
Wilson, who recently published a book “Running Against the Devil: A Plot to Save America From Trump — and Democrats From Themselves,” said voters “don’t care about a 600-page healthcare plan,” and need something like President Barack Obama’s campaign promise of “Hope” and “Change.”
He said he opposes Trump because Trump is not a conservative, an opinion he explicated in a New York Times article last month, along with three others who have worked for and supported Republicans, including White House Counselor Kellyanne Conway’s husband George Conway, the day before the president was impeached. The four men announced the “Lincoln Project,” which they explained will “highlight our country’s story and values, and its people’s sacrifices and obligations.”
Though Wilson said he is not “trying to pick the Democrat’s nominee” he thinks Joe Biden has the most viability “for all his flaws.”
As the Senate heads to trial this week, Wilson said the GOP remains allegiant to Trump because “they’re terrified of him.” “About a third of them are true believers,” he conjectures, while he said a third are “opportunists, hustlers, guys who are trying to build their email lists and become Fox News stars” and the final third “just live in absolute fear of [Trump’s] Twitter feed.”
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.