Guilty plea by Trump’s former national security adviser Flynn intensifies US political crisis
Bill Van Auken
2 December 2017
The guilty plea Friday by Michael Flynn, President Donald Trump’s former national security advisor, marks a major escalation in the unprecedented political crisis in the United States. The bitter conflicts within the ruling class, centered on issues of foreign policy, are entering a new and explosive stage.
Flynn pleaded guilty to lying about his conversations with Russia’s ambassador to the US, Sergei Kislyak, in the run-up to Trump’s inauguration. However, the real significance lies less in the content of the charges than the implications of the plea deal. It is an unmistakable indication that the retired general has agreed to provide evidence against more important targets, including both Jared Kushner, Trump’s son-in-law and adviser, and the president himself.
There are powerful sections of the ruling class that want to push Trump out, and with Flynn they appear to have obtained plenty of ammunition. At the very least, the investigations into allegations of collusion with Russia, headed by former FBI chief Robert Mueller, are now targeting Trump’s family and inner circle.
In an indication of the nervousness within the financial aristocracy over the implications of political instability in the US, the Dow Jones Industrial Average plunged 350 points following news of the guilty plea, before regaining much of what it lost on anticipation of the Senate’s passage of a tax handout to the rich. The sharp financial fluctuations reflect growing concerns within the ruling oligarchy that the bitter internecine conflict in Washington, and increasing signs of instability in the Trump White House, could spin out of control.