OH, I WAS LOOKING: Andrew McCarthy: While You Weren’t Looking, the Democrat–Media Election-Hacking Narrative Just Collapsed.

But still, the media and Democrats have always had a serious vulnerability here — one they’ve never acknowledged because they’ve been too swept away by the political success of the fantasy narrative. It is this: At a certain point, if compelling evidence of collusion between the Trump campaign and Russia to steal the election did not materialize, the much more interesting question becomes “How did the government obtain all this information that has been leaked to the media to prop up the story?”

The most plausible answer to that question: The Obama administration, through the Justice Department and the FBI, was investigating the associates of the opposition party’s presidential nominee, and perhaps even the nominee himself, during the campaign. Otherwise, what explanation can there be for all of the investigative information — much of it classified, and thus illegal to disclose — that has been funneled to the press?

In short, the media and Democrats have been playing with fire for months. The use of law-enforcement and national-security assets to investigate one’s political opponents during a heated election campaign has always been a potentially explosive story. Let’s not kid ourselves: If the roles were reversed, and a Republican administration had investigated officials tied to the campaign of the Democrats’ nominee, we would be drowning in a sea of Watergate 2.0 coverage.

Well, this weekend, the potentially explosive story detonated. It happened in the now familiar way: jaw-dropping tweets by President Trump.

Every time this happens, the reaction is “Trump’s crazy tweets will sink him this time!” And yet, somehow. . . .

Plus:

Here’s the most interesting part: Now that they’ve been called on it, the media and Democrats are gradually retreating from the investigation they’ve been touting for months as the glue for their conspiracy theory. It’s actually quite amusing to watch: How dare you suggest President Obama would ever order surveillance! Who said anything about FISA orders? What evidence do you lunatic conservatives have — uh, other than what we media professionals been reporting — that there was any investigation of the Trump campaign? . . .

But have you noticed? While all this head-spinning legal jibber-jabber goes back and forth, the foundation of the false narrative we’ve been hearing since November 8 has vanished. Now that we’re supposed to believe there was no real investigation of Trump and his campaign, what else can we conclude but that there was no real evidence of collusion between the campaign and Russia . . . which makes sense, since Russia did not actually hack the election, so the purported objective of the collusion never existed. Trick or tweet?

Alternatively, the spying on Trump was real and wholly political, and the Russians-under-my-bed thing was a cover story hatched after Hillary unexpectedly lost, when it became apparent that Trump, and America, would find out sooner or later what had been done.