A major win for the Trump administration as the Supreme Court has just ruled to stay a lower court ruling that blocked the President from using $2.5 billion in defense funds to build border security wall.   This means the Department of Homeland Security can now use $2.5 billion in defense appropriations to build the border wall.  A massive win!

The ruling was 5-4 with the liberal justices in the minority.

WASHINGTON — The Supreme Court on Friday allowed the Trump administration to move forward with plans to build a wall along parts of the Mexican border while litigation over paying for it proceeds.

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The Bureau of Economic Analysis (BEA) has released the data for the second quarter of 2019.  The Q2 GDP growth rate of 2.1 percent beat all economic expectations, and highlights strong consumer spending throughout the U.S. economy.

The two primary drags on the Q2 release are also the most volatile: Export/Import contributions (-.65%), and Inventory contributions (-.86%) [table 2]. However, consumer spending was much stronger than anticipated (+4.3%) showing the internal strength of the U.S. labor market and the impact of wage growth which still exceeds 3.6 percent.
The inflation index is still low at 1.5 percent year-over-year, and highlights a point all economic pundits overlook.  With countries attempting to stop the impact of tariffs on their exports they are devaluing their currency (EU and China) and subsidizing their export industries (China).  This has the cumulative effect of lowering their price. As a consequence, and with a strong dollar, the U.S. is importing deflation.
The Fed can do nothing of substance to impact low price inflation because the causes are external to the U.S. economy.  CTH predicted this in 2016, and we stand by that assertion today because we now have almost three years of empirical data to prove it.
Wall Street wants bad news because Wall Street wants a lower fed rate.  As a direct consequence Wall Street’s multinational corporate media bias over the GDP data release is hilarious. The headline from NBC is typical: “Economic Growth Slows Less Than Expected in Second Quarter”….    Sometimes you just have to laugh.
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President Trump called-in to Sean Hannity’s TV show tonight to discuss his perspective on the Robert Mueller testimony and current DC events.

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Judiciary Committee Ranking Member Doug Collins and Intel Committee Ranking Member Devin Nunes appear on Fox News to discuss their perspective on Robert Mueller, the issues revealed by the testimony, and the behind-the-schemes maneuvers of the democrats on both committees.  It’s an interesting dual-interview.

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President Trump has tweeted support for an American artist A$AP Rocky after Swedish authorities file formal charges which may result in a two-year prison term.
It seems remarkable that a street fight, which did appear to be validly self defense, could result in such a serious situation for this young American musician. President Trump has attempted to help the artist who remains in detention, and expresses disappointment in the status.

ABC News – Rapper A$AP Rocky was charged with assault in Sweden on Thursday over a brawl in the streets of Stockholm on June 30, according to prosecutors.
“I have today commenced criminal proceedings against the three individuals suspected of assault causing actual bodily harm, having come to the conclusion that the events in question constitute a crime and despite claims of self-defence and provocation,” said public prosecutor Daniel Suneson, of the City Public Prosecution Office in Stockholm.

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In our opinion the content of the diary by former FBI Director James Comey, as outlined in what has formally been called “The Comey Memos”, is devastating to the U.S. Department of Justice and FBI.   How do we know? Because the FBI is fighting like hell to keep even descriptions of the memo(s) content from becoming public.
Here’s something you don’t see CTH say every day…. We’re on the side of CNN !

Rather complex backstory with citations HERE and HERE and HERE and HERE.

In the background of what was The Mueller Investigation, there was a FOIA case where the FBI was fighting to stop the release of the Comey memos.
Within that courtroom fight Mueller’s lead FBI agent David Archey wrote a series of declarations to the court describing the content of the memos and arguing why they should be kept classified.
The FOIA fight shifted.
The plaintiff, CNN, argued for public release of the content of the FBI agent’s descriptions, now known as the “Archey Declarations”.
Hat Tip Techno Fog for the latest court filing update.  As you can see from the filing graphic, the DOJ is requesting more time to file a response to a motion that would force them to release the “Archey Declarations” [detailed explanations of what’s inside the Comey Memos].
After a lengthy back-and-forth legal contest, on June 7th Judge James E Boasberg agreed to allow the FBI to keep the Comey memo content hidden, but instructed the DOJ/FBI to release the content of the Archey Declarations.
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Beautiful weather today in Virginia as President Trump and Vice President Pence participate in a military honors welcoming ceremony at the Pentagon to celebrate America’s new Secretary of Defense, Mark T. Esper.  [Video and Transcript Below]

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[Transcript] – THE PRESIDENT: Well, thank you very much to our great Vice President, and thank you to all of the extraordinary patriots here at the United States Department of Defense, the world’s largest building. I’ve heard for many years, the world’s largest building. And it’s under great leadership.
Your devotion, strength, and courage keep America safe, strong, and free. It’s because of you that the United States military is the most powerful fighting force on the face of the Earth.
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What happened yesterday with Robert Mueller’s testimony was a public fiasco. However, for those who have followed the construct of the scheme team assembly from the outset, it was not surprising.

After watching how the special counsel couldn’t respond to appropriate questioning, I sat down to summarize three years of review against the backdrop of Mueller’s appearance and realized everything I was writing was previously written.  Almost word for word.
Then I became angry.  Not angry in the outrage sense of the word, but angry at the obvious construct to the fraud.  A frustrating sense of anger; because if we could see all of this back in early 2018 it must be obvious to those much closer to the epicenter in DC, and yet this fraud just continues.
Responding to reader questions in March 2018 I wrote an article specifically about Robert Mueller and why he was essentially irrelevant in the larger picture.  I don’t often request a review of prior research, but this time it’s important.  Please read what was written on March 31st, 2018, [SEE HERE]
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Appearing this morning to give their perspective on the testimony of special counsel Robert Mueller, Jim Jordan discusses:

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Trey Gowdy is below:
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An unusually giddy and excited Carter Page appears on Fox News with Martha MacCallum to discuss the information within today’s testimony of Robert Mueller.   Page notes the mention of Steven Schrage as the contact point from Cambridge University.
h/t Michael Sheridan for the video:

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