Going Long on Fig Newton Futures

It appears that Trump has issued an order ending the crackdown on marijuana in states where it is legal.

Of note is that he made this decision without consulting Jefferson Beauregard Sessions, his Attorney General.

I think that Trump knows that so long as Sessions is given a free hand at restoring Jim Crow throughout the nation, something that Trump agrees with, there is no limit to the amount of crap that Sessions will swallow:

The Trump administration is abandoning a Justice Department threat to crack down on recreational marijuana in states where it is legal, a move that could enable cannabis businesses in California and other states that have legalized pot to operate without fear of federal raids and prosecution.

President Trump personally directed the abrupt retreat, which came at the behest of Republican Sen. Cory Gardner of Colorado. White House officials confirmed the policy shift Friday. Trump did not inform Atty. Gen. Jeff Sessions in advance of the change in policy, an almost unheard of undermining of a Cabinet official.

Gardner was incensed in January when the Justice Department announced that it was rescinding an Obama-era policy that directed federal prosecutors not to target marijuana businesses that operate legally under state law. The senator had blocked Justice Department nominees in retaliation.

In conversation with Trump this week, Gardner said he was assured that the federal government would not interfere with his state’s marijuana industry and that Trump would champion a new law that gives states the authority to set their own pot policies. In response, he lifted his remaining holds on nominees.

(emphasis mine)

I am beginning to think that Trump is trying to see how much he can humiliate Sessions before he ups and leaves.

I am not sure if I am more heartened by the shift in policy, or by the degree to which Sessions has been publicly humiliated.

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