Strong Economic Fundamentals: U.S. Wage Growth, Incomes, Savings and Spending….

Economic Nationalism -vs- Economic Globalism

Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal.  We create and consume eighty percent of our own production.

The U.S. economy is unique in the amount of balance within it as compared to other industrial economies.  We are not dependent on exports to sustain our economy; and we are not dependent on any imports at the macro level.  Unlike China, Asia and Europe, and despite decades of efforts by globalists and multinationals, the U.S. generates and sustains a tremendous amount of our own economic prosperity.  First the January data:
The Bureau of Economic Analysis (BEA) reveals data today showing January wage growth .5%, personal income increases .6%, consumer spending at .2%; overall U.S. savings at $1.33 trillion, and low inflation at 1.7 percent year-over-year.  Solid and stable.
Both consumer spending (+.2 Jan) and inflation (1.6% Jan) were impacted by lower energy prices (-.7%) & mild weather in January.  Reuters spins the lower rate of spending growth to imply a contracting U.S. consumer; there is no data to support that narrative.
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Tim Cook Discusses Apple, China, Coronavirus, Supply Chains and Working With President Trump…

Apple CEO Tim Cook discusses the coronavirus impacts on his specific business and his view on the short-term impacts from disruptions in China.  While retail stores and some manufacturing are closed in the short-term, overall Cook sees very little change in the outlook for Apple business once the short-term impacts are removed.
Tim Cook also discusses his relationship with President Trump working together on jobs and education programs. Cook notes President Trump was able to influence Prime Minister Modi of India to allow Apple to enter the Indian market.


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PS. if you are following the tiered and strategic deployment of COVID-19 hype, you’ll note the next round of heavy artillery (the WHO/CDC have been saving) is the announcement of an official global “pandemic status” being reached.  That will be worth a week of panic media and perhaps another thousand point drop for U.S. stock market.
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NEC Director Larry Kudlow Holds Press Conference….

The media is initiating panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
Everything about Coronavirus is hyped with purpose. The CDC official who lit the fuse to create the panic was Dr. Nancy Messonnier who read a script handed to her by resistance operatives inside government.  Dr. Messonnier is Rod Rosenstein’s sister.
National Economic Council Director Larry Kudlow appears in the Brady briefing room of the White House to answer media questions about the economic impact of Coronavirus and a declining stock market.  WATCH:


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Tom Fitton on FISA: "The Key to Reform is Jail"…

Completely agree with Judicial Watch President Tom Fitton here. During a discussion of congress trying to pass a clean FISA reauthorization or a reform version, Tom Fitton says the only way to really reform the process is to arrest, prosecute & jail those who abused it.
Fitton’s point is similar to the CTH argument surrounding SSCI leaker James Wolfe.  If the DOJ had prosecuted Wolfe for the criminal leaks of classified intelligence, the landscape of an adversarial intelligence apparatus over the past two years would be completely different.   The same general perspective applies to the FISA abuse issue.


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President Trump Considering "Defense Production Act" to Expand Domestic Production of U.S. Medical Needs…

The media is attempting to initiate panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
First things first.  Earlier today Vice-President Pence announced Dr. Debbie Birx will serve as the White House Coronavirus Response Coordinator. [CDC COVID-19 Resource HERE]
Dr./Ambassador Birx is about as bureaucratically deep state as you can get.
Coming from the State Department Dr. Birx has led the U.S. effort to eradicate HIV/AIDS effort and has a strong pedigree as a 30-year global health official, scientist and physician:

[…] Ambassador Birx is a scientist, physician, and mom, with three decades of public health expertise, including virulent diseases, their vaccines, and interagency coordination. She has been utilizing the best science to change the course of the HIV pandemic and bring the pandemic under control, community by community and country by country.
Her focus over three decades has been on HIV/AIDS immunology, vaccine research, and global health. She has developed and patented vaccines, including leading one of the most influential HIV vaccine trials in history. Three different Administrations across both political parties have relied on her knowledge and judgement. (link)

Additionally Vice President Pence added Steven Mnuchin, Secretary of the Treasury; Dr. Jerome Adams, Surgeon General of the United States; and Larry Kudlow, Director of the National Economic Council to the Coronavirus Task Force.
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Rand Paul: President Trump Does Not Support Clean FISA renewal – McConnell Meets With President Trump to Discuss…

In November of 2019 buried deep in the congressional budget Continuing Resolution (CR) was a short-term extension to reauthorize the FISA “business records provision”, the “roving wiretap” provision, the “lone wolf” provision, and the more controversial bulk metadata provisions [Call Detail Records (CDR)], all parts of the Patriot Act.  As a result of the FISA CR inclusion the terminal deadline was pushed to March 15, 2020.
AG Bill Barr is requesting a clean FISA renewal with no reforms or revisions. Senate Leader Mitch McConnell and Judiciary Chairman Lindsey Graham support the AG request.  The American people want it scrapped, or, at a minimum strongly revised. Congress is trying to hide the FISA renewal within the Coronavirus appropriations bill.

According to media reporting, Rand Paul said he talked to President Trump yesterday, and President Trump does not support a “clean renewal” of the FISA authorities that were used against him and his campaign:

WASHINGTON – President Donald Trump told Sen. Rand Paul that he does not support a clean extension of expiring surveillance authorities, throwing the future of the program into doubt ahead of a fast-approaching March 15 deadline to re-up key features of the Patriot Act.
The Kentucky Republican told reporters that Trump made the comments to him on Wednesday, just a day after Attorney General William Barr told GOP senators that Congress should extend the expiring provisions regarding roving wire taps, lone wolf actors and the most controversial provision: call data collection.

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Baltimore Mayor Catherine Pugh Sentenced to Three Years in Federal Prison for Corruption and Fraud…

Political leaders, specifically mayors in Baltimore Maryland, are predisposed toward corrupt behavior.  Remember Sheila Dixon in ’08, or Stephanie Rawlings Blake in ’15… It’s a perpetual cycle. I digress…
Into the corrupt landscape comes Baltimore Mayor Catherine Pugh, who was arrested in 2019 for taking bribes and payoffs through a pay-to-play bribery scandal for books she “authored” called “Healthy Holly”.   Want a city contract?…. buy her books, easy peasy.

BALTIMORE – Former Baltimore Mayor Catherine Pugh, who held elected offices in Baltimore for two decades and was elevated by voters to lead the city following the upheaval of 2015, was sentenced to three years in federal prison Thursday for a fraud scheme involving a children’s book series.
Pugh, 69, asked U.S. District Judge Deborah K. Chasanow for mercy and apologized in court “to anyone I have offended or hurt through my actions.”

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Senate Judiciary Calendar Empty as FISA Reauthorization Deadline Approaches…

Previously Chairman Lindsey Graham promised to hold public hearings on reforms needed to the FISA process prior to any reauthorization vote.  However, with two weeks remaining until current FISA authorization expires the Senate Judiciary Committee has yet to hold a single hearing, and the senate calendar is empty.

In November of 2019 buried deep in the congressional budget Continuing Resolution (CR) was a short-term extension to reauthorize the FISA “business records provision”, the “roving wiretap” provision, the “lone wolf” provision, and the more controversial bulk metadata provisions [Call Detail Records (CDR)], all parts of the Patriot Act.  As a result of the FISA CR inclusion the terminal deadline was pushed to March 15, 2020.
The Senate is scheduled to go back into recess on March 13th.  Additionally, the DOJ/FBI response to the FISA court order (due February 5th) has still not been made public.  At a minimum the DOJ/FBI response to the FISA court needs to be made public prior to any reauthorization by congress; and to better understand the scale of the issue, an explanation of the the DOJ/FBI sequestered evidence needs to be made public.
Representatives requesting FISA reform prior to renewal include: Mark Meadows, Jim Jordan, Doug Collins, Jody Rice, Devin Nunes and Steve Scalise.  Additionally, Senator Mike Lee and Senator Rand Paul are trying to force reform or let the current version expire.  However, Lindsey Graham and Mitch McConnell, along with AG Bill Barr, want a clean FISA renewal without public hearings….
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Speaker Pelosi Says She Would be Comfortable With Fidel Sanders at Top of 2020 Ticket…

It’s a great time to be watching Democrat politics and the unending efforts of the national media to protect them from themselves.
The leading candidate for the Democrat party is an avowed socialist, Fidel Sanders.
Meanwhile, the strongest fall-back candidate for the party that rails against the rich; the only candidate likely to save them from Fidel; is a former republican billionaire, mini-mike Bloomberg.  The former New York City mayor Bloomberg made himself famous by railing against guns, soda, Slurpees, salt, and hot-dogs at baseball games.  You couldn’t make this stuff up if you tried.

WASHINGTON – House Speaker Nancy Pelosi (D-Calif.) on Wednesday said she would be comfortable with Sen. Bernie Sanders (I-Vt.) as the Democratic presidential nominee in November.
The congresswoman was asked the question as she was leaving a closed-door meeting in the House basement Wednesday morning.  She replied with one word: “Yes.” (link)