Good morning.
Regular readers know I avoid diversions into politics, unless they bear directly on business. But the flap over Michael Wolff’s inside-the-White-House book—Fire and Fury—deserves some attention, if only because of what it says about the state of our national discourse.
The book is filled with salacious details about the Trump White House, and prompted the President to lash out against former aide Steve Bannon for his derogatory quotes. It has given cable news outlets fodder for 24 straight hours of programming. It is being released today—four days earlier than originally planned.
But is it true? Conservative columnist John Podhoretz captured what most of us know about Wolff in his New York Post column yesterday:
“Wolff is a terrific writer who has a lifelong habit of weaving in solid reporting with arrant speculation, and hard-gotten facts with feverish fancies, in a manner that makes it impossible for a reader to separate what is true from what is too good to be true.”
As an example, Podhoretz cites Wolff quoting Trump as saying “who’s that?” when Roger Ailes suggests House Speaker John Boehner should be his chief of staff. It’s an absurd anecdote—Trump clearly knows who Boehner is, spoke and tweeted about him regularly, and even golfed with him. Politico’s Ben White similarly casts doubt on part of the book vaguely referencing an email “purporting to represent the views of Gary Cohn” that viciously attacked the President. White says Cohn didn’t write the email, is careful not to put stuff in email generally, and is considering taking legal action against Wolff. Fortune’s Shawn Tully finds a section suggesting Trump’s friend Tom Barrack said the President is “not only crazy, he’s stupid'” as similarly unconvincing. Barrack denies it, doesn’t speak that way generally, and says he never talked to Wolff.
The bottom line is that Wolff is cut from the same cloth as both Trump and Bannon. “We’re talking about three people,” Podhoretz says, “for whom the truth is fungible.” Facts have become the great casualty of 2017. Contrary to the late Senator Moynihan’s famous dictum, everyone now seems entitled to his or her own.
One final observation: given all we know about Wolff and his style of journalism, why would the White House cooperate with him? The answer appears to be that Wolff said and wrote a number of flattering things about the president. Which offers a lesson for all those seeking entrée to this White House.
News below.
Alan Murray
@alansmurray
alan.murray@fortune.com
Top News
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Coming soon: Apple's fix for flawed chips.
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Around the Water Cooler
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Sessions' marijuana moves threaten multi-billion-dollar industry.
Attorney General Jeff Sessions rescinded Obama Era policies that pushed federal non-interference with individual state laws legalizing marijuana. The move takes federal policy from a hands-off approach to one where federal prosecutors in each state can decide how to use government resources to crack down on marijuana sales, potentially becoming a looming threat to a burgeoning industry that already sees several billions of dollars of legal sales per year. Fortune
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Southwest to pay $15 million in airline antitrust suit.
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This edition of CEO Daily was edited by Tom Huddleston Jr. Find previous editions here, and sign up for other Fortune newsletters here.
