That noise you hear is the ghost of Richard Nixon whirring in his grave. The question is whether this story can have the same ending that one did.
To not get ahead of ourselves, it is important to note that the letter in question only says that Sessions is considering the right course to take and that appointing a special counsel is just one option. But make no mistake: this is as bad as it looks. A President is demanding that federal law enforcement go after his political enemies. And federal law enforcement appears ready to comply.