Sunday, April 30, 2017

You’re Never Going to Get $10,000 for Your United Airlines Seat

by Justin Bachman
April 28, 2017

The world was horrified to watch a bloodied United passenger dragged off a jet in Chicago earlier this month. While the assault by O’Hare security personnel had zero to do with an oversold flight, 1 linkage to that longstanding policy of putting profit over the occasional ticket-holder was swift. It’s been under attack ever since.

On Thursday, United and the victimized passenger, Dr. David Dao, settled their dispute out of court. But the repercussions have been much wider, triggering modified overbooking policies and even elimination of the practice altogether at some carriers. Now the bid by airlines to mollify an outraged flying public has culminated with promised, eye-popping payments for your seat when a flight is oversold—up to $10,000 at United Continental Holdings Inc. and Delta Air Lines Inc. 

But if you’re suddenly hatching a scheme to snare 10 large by purchasing a ticket on a peak Monday morning or Friday night flight, you may want to hold off. There is no “$10,000 jackpot” at the airport waiting to be hit. Not really.

Overbooking has become a fundamental component of how carriers manage revenue. It’s a rational way to fill every seat in the face of inevitable, everyday issues that cause passengers to miss or skip their flights. Historically, when it happens, volunteers are sought with the promise of a free hotel stay and travel vouchers. If no one pipes up, unlucky passengers are selected from among cattle class in back (the wealthy and business travelers up front rarely get bumped.) Those selected get the same hotel room, and maybe some money and other goodies, as the volunteers. 

But about that new, big payout: Neither Delta nor United is likely to dole out $10,000 to solve an oversold flight. For one thing, they won’t need to. Two people on the United Express flight to Louisville where Dao received his injuries got less than $1,000 for giving up their seats. A third offered to do so for $1,000. Thus, some amount greatly under $10,000 appears to be a suitable market price for an airline to free up whatever few odd seats it might need.

American Airlines, meanwhile, doesn’t disclose a maximum compensation but sets the amount “properly in order to obtain the correct number of volunteers,” spokesman Ross Feinstein said.

Secondly, in this casino, the house holds all the cards. The airlines decide which flights will be oversold and by how many seats, based on past data. They can curb, expand, or stop the practice as they see fit. United, for one, plans to reduce overbooking; currently only 4 percent of its flights have more ticketed customers ready to board than available seats, the airline said Thursday.

Besides, it’s a safe bet that the United incident has caused a thorough review of overselling protocols at every carrier that does it. None wants to create customer hostility at the gate, given all the smartphone video cameras, and none wants to write sizable future-travel vouchers. And no one wants the public relations disaster United brought on itself in Chicago, its hometown. Just ask Chief Executive Officer Oscar Munoz.

Sizable compensation almost always comes into play when a carrier is facing an “involuntary denied boarding” scenario. That means the volunteer supply has been exhausted and the gate agent is about to force people off a flight.

Scrutinize the government data on these two groups—volunteers vs. the involuntary—and the former group dwarfs the latter. Last year, this was about 434,400 and 40,600 people, respectively. At Delta, the world’s second-largest airline, only 1,238 of its 129.3 million passengers were bumped involuntarily last year.

These data mean that most bumped passengers took an airline’s initial offers, not a more lucrative one that likely came when the airline was confronted by an indignant passenger whose seat was nicked against her will at the last minute. These payments are typically in future travel vouchers, not cash, but it depends.

On Thursday, Southwest Airlines Co. announced it would stop overselling as part of its transition to a new reservation system. The Dallas-based carrier said the new information technology, from Amadeus IT Group SA, will make its seating forecast “dramatically” more accurate, largely obviating the need for overbooking.

Even with the shift, some denied boardings will still occur—at Southwest and elsewhere—for reasons as varied as swaps from larger to smaller aircraft to, as in the case of United and Dr. Dao, the need to accommodate flight crews.

“As time has gone by we have been fortunate to have fewer and fewer no-shows, so the gross amount of the problem is far less today than it was 20 years ago,” Southwest CEO Gary Kelly said on a quarterly conference call. He conceded that the United incident had moved the issue onto his spring agenda.

Overbooking is an airline tool to boost revenue, but it’s not a necessity; its costs will be very closed managed. That magical maximum payout? It’s more P.R. than promise—you have a better shot at picking up $10,000 in Vegas.










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If you are a union actor - you don't have to worry about.

First, you are paid for not working - for the job that you were employed to do.

Secondly, enjoy life by living high on your fellow coworkers money (dues).

Ethics Rules Waivers for Trump's Team to Get Federal Scrutiny

by Bill Allison
April 29, 2017

The top federal ethics agency is conducting a review that will examine every waiver of conflict of interest rules President Donald Trump’s appointees have received.

The five-page memorandum from the U.S. Office of Government Ethics, posted online late Friday, seeks documentation of waivers granted to appointees ordinarily required to recuse themselves from matters in which they or family members have a financial interest.

Issued by the agency’s director, Walter Shaub, it specifies that all agencies and appointees, “including White House officials,” must comply with the notice, which covers appointees in the administrations of Trump and former President Barack Obama.

Trump issued an ethics order in January, days after being inaugurated, requiring his appointees to recuse themselves from matters involving former employers and clients for a period of two years. However, the White House and federal agencies can suspend that requirement for various reasons, including in cases where having an official’s expertise in a matter outweighs the potential for a conflict of interest. Such waivers aren’t required to be disclosed under federal law.

Seven Democratic senators, led by Sheldon Whitehouse of Rhode Island, wrote to Trump requesting that he make such waivers public following media accounts of former lobbyists and other officials in his administration receiving secret waivers.

Peacock Waiver

In the April 20 letter, the lawmakers wrote that Obama made such documents publicly available, adding, “You have not followed this precedent.”

The senators cited a waiver granted to Marcus Peacock, who briefly served in Trump’s Office of Management and Budget before leaving to join Business Roundtable, a conservative-leaning group of chief executive officers. The high-profile lobbying group said that the administration had granted Peacock a waiver of the five-year ban on former officials engaging in lobbying, trimming it to six months in his case. 

Shaub, a long-term OGE attorney who was appointed to a five-year term as its director by Obama in 2013, has been critical of the way the Trump administration grants waivers. He told the New York Times this month, “There’s no transparency, and I have no idea how many waivers have been issued.” Shaub added that granting them was now a “political decision.”

OGE and the White House didn’t immediately respond to requests for comment.

“Given the administration’s cavalier attitude towards ethics rules, it’s not surprising that OGE is seeking an accounting of the waivers that have been given by the White House and the agencies,” said Larry Noble, general counsel of the Campaign Legal Center, which advocates for stricter rules on money in politics. He said it was significant that the letter included the White House in its request. “It is within OGE’s authority, and I assume the administration will fully comply.”

Seeking Records

The Ethics in Government Act, the 1978 law that created the agency, gives OGE the power to conduct the review. Under the measure, agencies are required to provide the OGE with “all information, reports, and records” that its director determines are necessary to perform his duties. OGE set a June 1 deadline to receive the documents. The review will include waivers granted to officials during the last months of the Obama administration and the first months of Trump’s.

The White House has previously indicated it didn’t believe OGE’s authority extended to its appointees. In a Feb. 28 letter to Shaub indicating that senior counselor Kellyanne Conway would not be disciplined for promoting Ivanka Trump’s clothing line in an appearance on Fox News Channel in February, White House deputy counsel Stefan Passantino said that “many regulations promulgated by the Office of Government Ethics (“OGE”) do not apply to employees of the Executive Office of the President.”

In a response, Shaub wrote, “The assertion is incorrect, and the letter cites no legal basis for it.”

The OGE director has clashed with Trump and his team over ethics issues before, notably the president’s decision not to divest his assets.

Shaub took the unusual step in January of publicly criticizing Trump’s decision. “Officials in any administration need their president to show ethics matters, not only through words but also through deeds,” he said in an appearance at the Brookings Institution. “This is vitally important if we’re going to have any kind of ethics program.”

Long Island beer distributor Clare Rose threatens to replace striking delivery truck drivers

NEW YORK DAILY NEWS
April 30, 2017

Not long after they went on strike, Teamsters Local 812 workers at beer distributor Clare Rose got letters from their Long Island employer telling them they were going to be permanently replaced.

The letter, dated April 25, also included the phone number for the National Right to Work Defense Fund and instructions on how to quit the union, according to a copy obtained by the Daily News.

More than 100 Budweiser delivery truck drivers walked off the job April 24 to protest Clare Rose’s proposed pension and wage cuts.

“Striking employees who have been permanently replaced will not automatically have the right to displace permanent replacement workers,” the letter said.

Strikers who came back to work would only have a job if “a position is available,” the letter added.

Signed by company president Sean Rose and vice president Lisa Rose — the grandchildren of the Clare Rose founder — the letter also came with a step-by-step guide on how to leave Teamsters Local 812.

“The choice ... is yours alone to make and the company is not encouraging or suggesting that you do so,” the letter stressed in an underlined sentence.

Clare Rose also began bringing in out of state drivers to fill delivery orders.

None of the Local 812 workers crossed the picket line — but they did have a chance to quiz some of the replacement workers brought in, one of them from Florida.

“It’s all about money. I got kids to feed too,” the worker said in a video posted on Facebook.

“In Florida, we don’t believe in pickets,” he added, when the Local 812 strikers pressured him about crossing the line.

Clare Rose worker Billy Schildt started at the beer wholesaler when he was 13 years old, sweeping floors.

“It’s sickening to me to watch this company that I gave my heart and soul to let other workers from out of state take our jobs,” Schildt, 54, said.

As a boy, Schildt worked alongside the company founder Clare Rose and his wife Mildred — and in later years he worked with their sons Mark and Rick Rose.

“Clare Rose was a great guy, he taught me a lot and he gave me a lot of courage as a young man,” said Schildt. “His sons are gentlemen, very nice to work for, very family-oriented. Such nice people.”

Mark and Rick Rose retired years ago — but Rick Rose visited the company Thursday to try and talk to the workers, said Schildt.

“He shook all our hands and I know Rick Rose a long time and it was a genuine handshake,” said Schildt.

Rose and some of the older workers had a brief meeting at a nearby hotel, Schildt said. But no progress was made, he added.

“We returned to our posts, and kept picketing,” Schildt said.

Saturday, April 29, 2017

MTA employee cuffed for sexually assaulting woman inside Brooklyn subway station 


NEW YORK DAILY NEWS
April 28, 2017

Cops arrested an MTA employee they say sexually abused a 19-year-old woman twice while working at a Brooklyn subway station, officials said Friday.

Cops said on Wednesday 63-year-old Mohammad Talukder groped the woman, who is an Orthodox Jew, at the 18th Ave. F train stop in Borough Park.

His victim claimed that every time she passed through the station on her way home from work, Talukder would harass her — offering her gifts, cigarettes and money to go on a date with him.

After being repeatedly rebuffed, Talukder allegedly grabbed the woman when she exited the train about 7:30 p.m. April 18 and forced her to a section of the platform under construction. Once he had her alone, he lifted up her shirt and molested her, according to cops.

The woman later told cops she didn’t use the station for a week after that but returned on Wednesday. Once again Talukder grabbed her, this time groping her and kissing her neck, according to police.

The woman ran home and told her boyfriend, who called police.

Responding officers found Talukder still in the station and arrested him for sex abuse.

His arraignment was pending Friday.

The MTA did not immediately return a request for comment Friday.

Greenspan Says Trump Has a Math Problem With His Budget

by Rich Miller
April 28, 2017

President Donald Trump’s budget numbers don’t add up and his tax and spending plans are likely to lead to bigger deficits and higher interest rates, said former Federal Reserve Chairman Alan Greenspan.

“His arithmetic is the problem,” Greenspan said in a Bloomberg Television interview with David Westin aired on Friday.

Trump has said he intends to slash corporate and individual taxes in an effort to make the U.S. more competitive and boost economic growth. The president has also pledged to ramp up military outlays.

The trouble, Greenspan said, is that Trump doesn’t seem willing to make the commensurate cuts in federal spending to offset his tax and defense plans. In particular, he said, what’s needed is a reduction in so-called entitlement expenditures on pensions and health care for the elderly.

“You’re going to get a very large budget deficit” otherwise, said Greenspan, who now heads his own Washington-based consulting firm. That, in turn, will lead to higher long-term interest rates as investors react to rising inflation, he added.

Greenspan did have kind words for Trump’s steps to reduce and remove regulations throughout the economy. That “has been very valuable” and has contributed to the strength of the stock market, he said.

What Trump Has Done for (and to) Your Finances

by Suzanne Woolley
April 28, 2017

From financial regulation to student loans to taxes, here’s what just happened to you, good and bad, and what to watch in the days to come.

The long-term impact of a new presidential administration's early acts is almost impossible to assess. That hasn't stopped some from making weighty pronouncements on Donald Trump's first 100 days, including Donald Trump. And it won't stop us.

With that, Personal Finance offers these thoughts on the Trump team's words and deeds so far and their implications for investors and consumers, with more definitive reports to come. 

Your money

Financial regulation is under the new administration's microscope, and consumers will see some restrictions lifted from their financial services providers. President Trump has called the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, enacted in the wake of the 2008 financial crisis to strengthen oversight, "a disaster" and suggested that it restricted lending to small businesses, among other things. An easing of restraints could free up some capital for banks and other lenders, though it isn't clear how much of that would flow to borrowers. 

On May 4, Treasury Secretary Steven Mnuchin is due to report back to the president on a broad review of financial regulations. That report will likely contain some choice words, and curbs to come, on the Consumer Financial Protection Bureau, an independent agency created by the Dodd-Frank Act. The CFPB has been a strong consumer champion or an overreaching blunt instrument in need of congressional oversight, depending on your politics. It certainly has had an impact. From 2011 to this Feb. 28, the agency says, it has collected $11.8 billion in restitution for more than 29 million consumers, handled more than 1.1 million complaints, and imposed about $600 million in civil penalties. 

The fiduciary rule, another protection for consumers, is also under review. The rule requires financial advisers handling a client's retirement assets to act in that clients's best interests, and not, say, recommend a mutual fund or annuity because of the big commission they would earn. The White House Council of Economic Advisers under President Barack Obama estimated that retirement savers have been losing $17 billion a year as a result of conflicted advice; opponents of the fiduciary rule dispute the figure. Implementation of the rule, scheduled for April 10, was delayed by 6o days so the Secretary of Labor could examine it. Important parts of the rule will go into effect on June 9.

For the millions of private-sector workers who don't have access to employer-sponsored plans, Obama had issued rules to encourage cities and counties to create automatic Individual Retirement Account programs. On April 13, Trump issued a resolution nullifying those rules. Republican lawmakers and financial industry lobbyists oppose similar state-run auto-IRA programs, saying they are a drag on employers and evade strict rules on retirement plans. 

Your education

Obama-era policy moves on student loan fees and service were rolled back. Those had added protections for student loan borrowers who were delinquent on privately held, government-backed loans and also aimed to streamline service for borrowers. There was a public outcry after Secretary of Education Betsy DeVos eliminated an Obama mandate for a grace period before lenders could assess fees on delinquent borrowers. The private student loan companies then said they wouldn't automatically charge the fee, which could be equivalent to 16 percent of the loan, if debtors made good in two months or less. 

Your tax bill

The one-page tax reform plan released on April 26 would cut the number of personal income tax rates from seven to three, at 10, 25, and 35 percent. That sounds good to a lot of taxpayers, but it isn't clear yet what the income thresholds for those rates would be.

Also appealing is a proposed doubling of the standard deduction, which would translate into more than $24,000 of a married couple's earnings going untaxed if they file jointly. For wealthier Americans, the plan would eliminate the alternative minimum tax, a parallel tax system that generally applies to taxpayers making more than $200,000 a year who claim a lot of deductions, as well as the estate tax and the Medicare surtax affecting higher-earning individuals.

Alarmingly to some, the tax proposal would end the deductibility of state and local income taxes on federal returns. The mortgage interest deduction, a longtime sacred cow, would remain, as would deductions for charitable contributions. 

Your health

In the wake of a bill to repeal and replace Obamacare, pulled for lack of support in late March, a revised proposal is in the works. With high health-care costs one of the biggest concerns for workers of all ages and incomes, the outcome of that debate could wind up having the most profound impact on consumer finances. 

Your portfolio

There's one possible impact of the president's first 100 days that's a clear plus for investors. Since Inauguration Day, Jan. 20, the Standard & Poor's 500-stock index is up 5.1 percent, and the Dow Jones Industrial Average is up 5.8 percent.

After first 100 days, a President Trump impeachment seems like a safe bet 


NEW YORK DAILY NEWS
April 29, 2017

President Trump has courted so much Constitutional disaster in his first 100 days that an impeachment now seems like a safe bet, government ethics experts say.

"He does not seem to show any interest in not violating the Constitution," said Jordan Libowitz, communications director at the ethics watchdog Citizens for Responsibility and Ethics (CREW) in Washington, D.C.

CREW has filed nearly 100 ethics complaints — including lawsuits, FOIA requests and demands for investigations — within the first 100 days of Trump's presidency.

"The number of issues we've seen this early in this administration is unlike any other," Libowitz said.

In January, the Daily News spoke with four experts ahead of Trump's inauguration about how he had set himself for potential impeachment from the moment he took the Oath of Office. The experts highlighted Trump's financial conflicts of interest, his hints at obstruction of justice and his potential for perjury in dozens of open lawsuits. No other President, they argued, had ever taken the job with so many causes to lose it.

The News checked back with those same four experts about Trump's first 100 days, and they saw only more reasons to anticipate an ouster. The trouble Trump took to the White House has only deepened or expanded in his short tenure, they said.

One expert, American University Professor Allan Lichtman, famously predicted before Election Day that Trump would win, but would also be impeached.
Lichtman has now bet his prophetic reputation on an impeachment, publishing a book this month, "The Case For Impeachment," that argues a Trump removal is inevitable.

"Everything I predicted before he became President has already come to pass," Lichtman told The News.

"It took more than five years (after inauguration) to impeach Bill Clinton, it took more than five years for Richard Nixon to resign. But time has accelerated under Trump," he said, adding that he doubts Trump will make it to 2020.

After Trump's first 100 days, here's the way his leadership now seems destined for an early end.

Russia-Gate

Trump took power with a mysterious affection for Russian President Vladimir Putin and a series of strange apparent political ties to the Kremlin.

Since then, answers have still not come about Trump's possible Russian relationship — but the questions and consequences have only intensified.

To recap: The FBI admitted it is investigating alleged ties between the Trump campaign and Russia. National security adviser Michael Flynn resigned after lying about a conversation with a Russian ambassador. U.S. Attorney General Jeff Sessions withheld revealing his own conversation the same ambassador and resisted calls to step down. Even parts of the infamous dossier about Russia allegedly blackmailing Trump - something Trump waved off as "fake news" — have gained more credibility through new revelations.

Even though all the pieces don't yet fit together, all signs point to a problem of Watergate proportions, the experts said.

"Every signal (the administration) is giving is like they've got a serious problems that they don't want people to know about," said John Dean, a former White House Counsel to President Richard Nixon who helped expose Watergate.

"If Trump could clean this up, if there was nothing there, he would do it," Dean said.

"He'd be absolutely insane not to do that. But the reason Watergate was not disposed of was because there were indeed connections to the White House."

Dean said the enigmatic expansion of Trump's possible Russian entanglement reminds him all too much of Watergate. He especially sees it in what he calls the "drip, drip, drip" — a slow trickle of leaks that gradually unravel a nebulous racket.

"That drip, drip, drip is what keeps scandals alive," Dean said.

"If a full Russia thing surfaces, it will be the end of his presidency."

It took two years — filled with press leaks, White House denials and cover-ups upon cover-ups — for Watergate to bring down Nixon.

Those keeping a close eye on the Russian affair seem to see the same gears grinding, slowly but surely.

"We still don't know how much fire there is behind all this smoke," Lichtman said.

Business conflicts have grown bigly

Trump's most glaring problem before becoming President was his sordid business history — and his refusal to cut ties with it.

He claimed right before his inauguration that he was divesting his Trump Organization empire, but instead he simply let his sons run the daily operations, while still remaining in charge and even changing his trust documents to let himself secretly dip into profits.

That means Trump has not taken the necessary steps to avoid his most patently impeachable offense: Violating the emoluments clause, an anti-bribery provision in the Constitution.

"The failure to divest, I think, almost fatally subjects him to conflicts of interest that are impeachable," Lichtman said.

Government watchdogs took immediate notice: CREW filed its first lawsuit against President Trump, accusing him of violating the emoluments clause, just three days after his inauguration.

"When he got into office, it was a more nebulous worry," Libowitz, of CREW, said about Trump's conflicts of interest.

By now, he said, it appears clear that Trump is treating his public service as "some kind of side gig."

"He's never been in a position where the benefits have to be anywhere but his bottom line," Libowitz said.

The emoluments clause specifically prohibits the President and other officials in the federal government from accepting gifts from foreign leaders and diplomats — something Trump seems to have made no effort to avoid.

Within his first 100 days, China and Mexico rapidly granted dozens of trademarks for Trump and his daughter Ivanka. The approvals from China even came the same day that Ivanka dined with its president, Xi Jinping. His children have been allowed to sit in on several other meetings with foreign leaders.

Meanwhile, Trump has inexplicably exempted countries where he has businesses, such as Saudi Arabia, from controversial foreign policy orders like his travel ban.

This is all to say nothing of Trump's domestic business conflicts, like supporting the White House's illegal endorsement of his daughter's clothing line.

"All kinds of conflicts seem to be triggered here and it's disturbing that there's not more widespread concerns about that in the government," said Michael Gerhardt, a University of North Carolina at Chapel Hill law professor who testified at President Bill Clinton's impeachment hearings.

An emoluments clause breach would require solid proof of Trump knowingly accepting a bribe.

That has not emerged, but the opportunities for it have continued without end.

There is one way, though, that a quid-pro-quo could be unearthed — and it could also bring an impeachment.

There's something in those tax returns

Trump waited until he got into office to declare for good that he will never release his tax returns — breaking years of promises to do so, and becoming the first President since Richard Nixon to keep them hidden.

There is no mechanism in place now to force Trump to release them, and the IRS cannot legally confirm or deny if it is actually doing the indefinite "audit" Trump uses as his excuse.

But the pressure for their release has been renewed.

With Trump claiming that tax reform will be his next big priority, Democrats have made clear they won't get behind any of his plans until he shows his papers. Opinion polls have shown the vast majority of American voters want to see them, despite Trump's insistence that his victory proved otherwise.

In lieu of a federal law about tax returns, legislators in more than half of the United States are pushing state laws that would require candidates to release their tax returns to appear on a ballot. That would mean Trump's reelection campaign (which he has already formally begun) could not even be put to a vote without his returns coming out.

Trump's tax returns are a potential Rosetta stone of corruption, giving answers to long-running anxieties about his conflicts, foreign ties and sources of wealth.

The ongoing outrage over his secrecy might make it unlikely the returns will remain hidden for the next four years.

"He promised to release them and it's what we expect," Gerhardt said.

Gerhardt argued that, at the very least, a Democrat-controlled Congress would not keep letting Trump get away with it.

Trump was in power for less than two months before one of his old returns leaked for the second time in six months.

When journalist David Cay Johnston appeared on "The Rachel Maddow Show" in March to discuss Trump's leaked 2005 returns, he said his journalism career taught him one thing about secrecy: "Every time some high-level politician wants to hide something, it always turns out there`s a reason."

"I have lots of things we can think of that Donald Trump has to hide," Johnston said.

"And Donald Trump really is desperate that we don`t see where his money comes from."

More potential for perjury

Trump's presidency began with about 60 lawsuits against him still open, leaving many opportunities for perjury, which is what led to President Bill Clinton's impeachment proceedings.

Well, the lawsuits are still coming.

The latest legal dramas including six lawsuits from CREW; a civil lawsuit from Gloria Allred, alleging that Trump defamed former "Apprentice" contestant Summer Zervos; and a suit accusing Trump of personally inciting violence at one of his campaign rallies.

As the court papers pile on, the presidency has — surprise — had zero impact on curbing Trump's penchant for "alternative facts." 

If any of these lawsuits require Trump's testimony, a single lie under oath would be enough for Trump to follow Clinton's path to impeachment.

So, how would this impeachment really go down?

Those who hate Trump surely salivate at the idea of removing him for any reason.

But impeachment is never as simple as saying "You're fired." The process is slow and severe by design, and it is more likely to be instigated for political purposes rather than legal ones.

That leaves the question of how exactly Trump, who creates a new scandal as often as he tweets, would cross a presidential point of no return.

The most obvious answers are if Trump is indisputably proven to have ties to a major crime, or if the Democrats roar back to Congress in 2018 and start plotting payback for the past two years.

But Lichtman has spent months arguing an alternative theory: Republicans are just as likely to turn against Trump if he proves to be a threat to their agenda.

Lichtman says he saw that schism forming within the first 100 days.

Trump has failed to act on most of his GOP platform pledges and in some cases — such as the disastrous death of the Obamacare replacement plan — he seemingly let them fall by the wayside. Trump's record-low approval ratings and the special congressional elections in Kansas and Georgia also indicate the GOP and its unlikely leader are already losing luster with voters.

Trump himself still has no known deep ties to his party or its leaders, unlike Vice President Pence, who Lichtman calls an "ideal conservative" waiting in the wings.

"Trump is a liability," Lichtman said.

He pointed out that it wouldn't take a majority of Republicans to impeach Trump — only about two dozen would have to side with Democrats in an ouster effort.

Lichtman also suggested yet another way out: Trump might pull a Nixon and resign if a legitimate scandal begins blowing up in his face. That is, after all, the only way Nixon avoided impeachment.

Noting Trump's history of corporate bankruptcies, court settlements and failed business whims, Lichtman suggested it's within Trump's character to simply step aside rather than admit to failure. 

"He likes to present himself as a fighter, not a quitter," Lichtman said.

"But he has the history of a guy who walks away when things get tough."