Here we go….  President Trump is laying the groundwork to ban telecommunication companies based on identified risk to national security (ie. Huawei).  Nations who engage in 5-G technology agreements are on notice they may be cut-off from communication partnerships with the U.S.A.

[I think Wall Street just pee’d their pants a little..]

[Executive Order] By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United States Code,
I, DONALD J. TRUMP, President of the United States of America, find that foreign adversaries are increasingly creating and exploiting vulnerabilities in information and communications technology and services, which store and communicate vast amounts of sensitive information, facilitate the digital economy, and support critical infrastructure and vital emergency services, in order to commit malicious cyber-enabled actions, including economic and industrial espionage against the United States and its people.
(more…)

Good discussion between Tom Friedman and Steve Bannon on the ‘big picture’ of the U.S. -vs- China geopolitical trade confrontation.   Friedman is an insufferable prog on methods, but he recognizes the President Trump approach is necessary.  Worth Watching:

.
Where academic Friedman is helplessly naive is on the key point of how a coalition approach toward China is a pipe-dream.  When it comes to economics each entity has unique self-interests.  Put fifty self-interested governments together (ie. TPP) and you end up with paralysis of analysis and no action; as each entity fights to hold their own interest over the group interest….. While China grows in the background.
(more…)

Trey Gowdy appears on Fox News to discuss the current ‘investigative’ status and reports of Brennan -vs- Comey on the use of the Steele Dossier within the 2017 Intelligence Community Assessment or ICA.
Gowdy is one of the few people, along with John Ratcliffe, who has seen the full and unredacted FISA application used against Carter Page.

.
Regarding the use of the Steele Dossier within the January 2017 Intelligence Community Assessment; as Gowdy notes there is a likelihood both Brennan and Comey are both correct. It goes back to a story from a couple of months ago [SEE HERE]
(more…)

The exit door begins to close.  According to the latest leak provided to John Solomon the State Department information -deconstructing Chris Steele- was presented to FBI Agent Peter Strzok a week before they used Steele’s sketchy dossier to prop up the FBI FISA application on Carter Page.

John Solomon – […] The officials declined to say what the FBI did with the information about Steele after it reached Strzok’s team, or what the email specifically revealed. A publicly disclosed version of the email has been heavily redacted in the name of national security.
While much remains to be answered, the email exchange means FBI supervisors knew Steele had contact with State and had reason to inquire what he was saying before they sought the warrant. If they had inquired, agents would have learned Steele had admitted to Kavalec he had been leaking to the news media, had a political deadline of Election Day to get his information public and had provided demonstrably false intelligence in one case, as I reported last week. (read more)

It’s almost guaranteed the reason Kavelec’s email to the FBI was redacted is specifically because Ms. Kavelec used her State Dept. portal to check on travel records and noted the “Michael Cohen in Prague” story was false.  Kavalec would have easy access to State Dept. travel records.
(more…)

Against the backdrop of media reports surrounding U.S. Attorney John Durham, and an investigation into potentially corrupt 2016 investigators, perhaps it’s worthwhile to pause, evaluate, reset the outlook and review the backstories.
There’s room for cautious optimism, but there’s also reason to temper expectations. First within the latest Fox News report, the following is noted:

Fox News – […] Durham, known as a “hard-charging, bulldog” prosecutor, according to a source, will focus on the period before Nov. 7, 2016—including the use and assignments of FBI informants, as well as alleged improper issuance of Foreign Intelligence Surveillance Act (FISA) warrants. Durham was asked to help Barr to “ensure that intelligence collection activities by the U.S. Government related to the Trump 2016 Presidential Campaign were lawful and appropriate.”

(more…)

Today President Trump will be touring a Liquid Natural Gas (LNG) export facility in Hackberry, Louisiana before he delivers a statement on energy sector infrastructure and the economy.  The president is expected to deliver remarks at 3:10pm EDT.
UPDATE: Video Added

(more…)

Curtis Ellis was special advisor to Secretary of Labor Acosta in the Trump administration. He is now an outside government advisor to America-First Policies, an unaffiliated economic advisory board and advocacy group. In this video Ellis walks through the big picture behind the U.S. -vs- China Trade confrontation.

(more…)

Once again the New York Times is getting out ahead of the story to reveal Attorney General Bill Barr has instructed U.S. Attorney John Durham to review the origins of the 2016 DOJ and FBI surveillance of the Trump campaign. [Durham Background Here]
The appointment looks like a way to keep the sensitive inquiry within Barr’s control as opposed to appointing a special counsel.  John H Durham, the U.S. attorney from Connecticut, has handled previous investigations into the intelligence community.

WASHINGTON — Attorney General William P. Barr has assigned the top federal prosecutor in Connecticut to examine the origins of the Russia investigation, according to two people familiar with the matter, a move that President Trump has long called for but that could anger law enforcement officials who insist that scrutiny of the Trump campaign was lawful.

John H. Durham, the United States attorney in Connecticut, has a history of serving as a special prosecutor investigating potential wrongdoing among national security officials, including the F.B.I.’s ties to a crime boss in Boston and accusations of C.I.A. abuses of detainees.

(more…)

Earlier this afternoon President Trump welcomes Hungarian Prime Minister Viktor Orbán to the White House for bilateral discussions.  During an oval office press availability both leaders answered questions from the media. [Video and Transcript]

.
[Transcript] Oval Office – 2:14pm EDT – PRESIDENT TRUMP: Thank you very much. It’s a great honor to have with us the Prime Minister of Hungary. And Viktor Orbán has done a tremendous job in so many different ways. Highly respected. Respected all over Europe. Probably, like me, a little bit controversial, but that’s okay. That’s okay. You’ve done a good job and you’ve kept your country safe.
(more…)

President Trump is executing one of the most brilliant geopolitical economic resets in the history of global trade. It really is stunningly remarkable how President Trump has controlled the entire landscape. The consequential phase now begins.
It is fascinating how the financial pundits didn’t see this coming. Perhaps one of the best indicators of where things are today comes from this quote within the South China Post:

“The Administration’s Section 301 tariffs and China’s retaliatory tariffs will now further disrupt – or even break – many thousands of supply chains in both countries.”
[Nelson Dong, a senior partner at Dorsey & Whitney]

The quote by Nelson Dong is stated *as if* shifting/breaking supply chains is a flaw in the approach. It’s not. Exactly the opposite is true; this is a feature of the strategic reset.  A specific and purposeful feature designed by President Trump.
What Dong is predicting is the deconstruction of “one-belt, one-road”.
(more…)