That’s what CBS President Les Moonves told a group of University of Texas students yesterday regarding the massive paycheck he gave to the Evening News anchor to lure her away from the Today show. “Those days are over, because the news no longer generates the kind of revenue or success that’s worth doing,” he added. “We thought [the money] would make a difference. It didn’t.” [MarkCoddington via Romenesko]
It was inevitable that Trump would refuse to be stymied by Congress, and that he would take a victory lap regardless of what happened in the real world. In that context, his border-wall machinations are only partially about appeasing conservative pundits or his political base; for the most part, they’re about appeasing his sense of himself. He’s been doing this sort of thing his entire life: Spinning victory yarns from incontrovertible losses was a hallmark of his troubled business career.