The U.S. Fourth Quarter GDP growth was reported two days ago at 2.6% and that stunned everyone who were expecting a much higher number. All U.S. economic indicators including U.S. Holiday consumer spending, which accounts for around two-thirds of total GDP, were off the charts in the fourth quarter growing +5.5% over the prior holiday.
The total growth in fourth quarter consumer spending was almost four percent (3.8%), that’s the highest rate of consumer spending in well over two years.  Q4 investment in new housing increased 11.6%, business spending on equipment surged 11.4% and outlays on structures edged up 1.4%.
Before the BEA (Bureau of Economic Analysis) announcement, everyone predicted 4th quarter GDP growth would easily be over 3%, and most likely in the 3.5 to 4.0% range.
So what gives.  Why did the Q4 GDP only grow at 2.6% ?

It seems a little funny to be griping about 2.6% growth because, well, that’s really good, Bigly even; so hopefully those within the Commerce Department don’t take this review personally.  But, c’mon, we expected more…  Well, the answer to the question is actually in the first few paragraphs of their release, and later in the deep weeds of the data.  I’ll explain.
First, the part of the announcement to note carefully:

[…] The Bureau emphasized that the fourth-quarter advance estimate released today is based on source data that are incomplete or subject to further revisionby the source agency (see “Source Data for the Advance Estimate” on page 3). The “second” estimate for the fourth quarter, based on more complete data, will be released on February 28, 2018.

The “source data for the advance estimate” is another set of separate analytical disclaimers (pdf here) which informs users there are economic data-sets that contain ‘less than‘ three months of information.  To see what data is missing, and what “assumptions” the BEA  recommends, you to travel to a third level of depth (LINK HERE), and then to the key source data and BEA assumptions (excel spreadsheet here).
Don’t try this at home without a pocket protector and guidebook to the fourth level of Dantes inferno. So let me try to make this easy.
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Since Thursday night we’ve been combing the FBI files to figure out exactly what FBI Agent Peter Strzok was referencing in one of the most recently released text messages.  We have discovered the context and the text is now damning.
House Judiciary Chairman Bob Goodlatte read this specific text message on Thursday night during an interview with Sean Hannity:

At first, the context behind the September 10th, 2016, message was elusive, however it is now clear.
On September 2nd, 2016, during the (pre-election) apex of the FBI providing the documents behind their investigation into Hillary Clinton’s use of her personal email, and the subsequent decision by FBI Director James Comey not to pursue criminal charges therein, the FBI released their investigative files:
September 2nd, 2016 FBI Press Release:

“Today the FBI is releasing a summary of former Secretary of State Hillary Clinton’s July 2, 2016 interview with the FBI concerning allegations that classified information was improperly stored or transmitted on a personal e-mail server she used during her tenure. We also are releasing a factual summary of the FBI’s investigation into this matter.
We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests. Appropriate redactions have been made for classified information or other material exempt from disclosure under FOIA. Additional information related to this investigation that the FBI releases in the future will be placed on The Vault, the FBI’s electronic FOIA library.” (link)

The FBI was under pressure to release their investigative documents.  On Sept 2nd, 2016 the release included the FBI investigative notes (FD-302’s) from the questions and answers during Hillary Clinton’s interview.  This investigative release was big news at the time.
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Well, well, well…. that’s a shift in language.  Congressional Rep Matt Gaetz: “I believe there’s been a criminal conspiracy”…  This specific language elevates the current political dynamic toward an exponential level of risk for those within the “conspiracy”.

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18 U.S. Code § 241 – Conspiracy against rights: If two or more persons conspire to injure, oppress, threaten, or intimidate any person in any State, Territory, Commonwealth, Possession, or District in the free exercise or enjoyment of any right or privilege secured to him by the Constitution or laws of the United States, or because of his having so exercised the same; or
If two or more persons go in disguise on the highway, or on the premises of another, with intent to prevent or hinder his free exercise or enjoyment of any right or privilege so secured — They shall be fined under this title or imprisoned not more than ten years, or both. (link)
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There has been a great deal of speculation about FBI Agent Peter Strzok and FBI Attorney Lisa Page leaking to media in their efforts to shape stories conducive to their pro-Clinton/anti-Trump efforts. Prior reporting showed the strong possibility Page and Strzok were leaking to the Wall Street Journal.

“Article is out, but hidden behind paywall so can’t read it,” Page texted Strzok on Oct. 24, 2016.
“Wsj? Boy that was fast,” Strzok texted back, using the initials of the famed financial newspaper. “Should I ‘find’ it and tell the team?” (link)

Some new information today, and some additional research, and we can not only confirm the prior suspicions outlined by John Solomon (The Hill) – but we also discover the actual Wall Street Journal reporter they were leaking to.
Yesterday Senator Chuck Grassley released a series of text messages between Page and Strzok (full pdf here). Within the release there is a portion of messaging where Lisa Page is identified on the phone with “Devlin” (see page #5 – screen grab below):

[Peter Strzok is ‘INBOX’ and Lisa Page is “OUTBOX’]

It now appears the “Devlin” in question is former Wall Street Journal National Security reporter Devlin Barrett, currently with The Washington Post.
Here’s why? On October 28th, 2016 (as above), at the exact time the re-opening of the Clinton investigation hit the media news-cycle, Page and Strzok were texting.  From the released messaging we see at 5:19pm Lisa Page is on the phone with “Devlin”:
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House Judiciary Chairman Bob Goodlatte is a key figure in the overall investigation and reform effort needed within the U.S. Justice System because the House Judicial Committee holds primary oversight over the U.S. Department of Justice.
By statutory construct the DOJ and FBI are directly and primarily accountable to Chairman Bob Goodlatte and the House Judicial Committee, on all matters.  This primary oversight structure is why Chairman Goodlatte and DOJ Inspector General Michael Horowitz are working so closely during the ongoing justice department investigation.
Chairman Goodlatte appears on Sean Hannity television show to discuss one of the more concerning and troubling recent revelations about the FBI; and their investigative bias within the Hillary Clinton investigation and subsequent surveillance on her political opponent Donald trump.

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Always remember the batting order: Intelligence Committee Chairman Devin Nunes was first up; closely coordinating with Senate Judiciary Chairman Chuck Grassley (2nd up); closely coordinating with House Judiciary Chairman Bob Goodlatte (3rd up); all of them coordinating with the DOJ Office of Inspector General Michael Horowitz (clean up).  This is a long developed plan.
In order to carry out the entire reform operation, communication is made through public letters. Sunlight is part of the strategy.  Questioning each other publicly and answering each other publicly is part of the strategy… the media is not used to this. Deception needs whispers. Deception doesn’t like transparency.
IG Michael Horowitz shares his responsive letter to Grassley, Nunes and Goodlatte (pdf link here).  Pay attention to Page#1 second paragraph, and the last paragraph on page two:

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U.S. President Trump and U.K. Prime Minister Theresa May hold a bilateral meeting on the sidelines of the World Economic Forum in Davos, Switzerland.
Against the backdrop of increasing discoveries surrounding the U.K. involvement in undermining the candidacy of Donald Trump; and against the left-wing U.K. political forces consistently highlighting criticism of President Trump; the reality is the U.K. is now in a position of economic vulnerability and needs favorable financial outcomes from President Trump.
As such, Prime Minister May is in a tenuous position and hoping the U.S. President will be magnanimous in his forgiveness of the past two years of scheming, ankle-biting and very public criticism. The scale of President Trump’s leverage over Prime Minister May is very visible in their dialogue and body language.

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Right now the U.K. needs American economic help and POTUS Trump. Almost nothing has worked in their economic benefit since they made the conscious decision to take a position of adversarialism. If the U.K. doesn’t knock off the nonsense President Trump will stand aside and watch them suffer. Theresa May knows this is her reality.
T-Rex is enjoying the art of the deal, having flashbacks to corporate life, remembering the power of holding all the leverage while witnessing an apex predator circling his prey. Cohn and McMaster well understand the play…
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Stunning development.

But Things Are Not What They Seem !

You’ve likely begun to hear about this letter from DOJ to Devin Nunes.  Please read it and evaluate.  Important Tip:  Notice the DOJ/FBI are referencing the Nunes Memo from a perspective of they know what the underlying documents are:
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Prior to President Trump delivering remarks to a group of mayors from around the country, Attorney General Jeff Sessions announced the possible subpoenas for officials amid Sanctuary Cities. In response, several Mayors boycotted the White House meeting.
The jurisdictions that received DOJ notification letters on Wednesday included: Chicago; Cook County, Ill; New York City; the state of California; Albany, N.Y.; Berkeley, Calif.; Bernalillo County, N.M.; Burlington, Vt.; the city and county of Denver, Colo.; Fremont, Calif.; Jackson, Miss.; King County, Wash.; Lawrence, Mass.; City of Los Angeles, Calif.; Louisville, Ky.; Monterey County, Calif.; Sacramento County, Calif.; the city and county of San Francisco; Sonoma County, Calif.; Watsonville, Calif.; West Palm Beach, Fla.; the state of Illinois and the state of Oregon.
All 23 of these jurisdictions were previously contacted by the Justice Department, which raised concerns about its laws, policies and practices.

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[Transcript] 3:37 P.M. EST – THE PRESIDENT: Well, thank you very much. What a group. Some great friends, great mayors. Please sit down.
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Commerce Secretary Wilbur Ross at the World Economic Forum in Davos (President Trump departs the U.S. tonight to attend). The attendance by Secretary Ross provides an opportunity to further enforce the position of the Trump administration regarding free, fair and reciprocal trade deals.
Believe me, the economic globalist attendees were/are entirely freaking out.  There’s a panel discussion video at the bottom which will highlight the tenuous position of the multinational corporations, banks and the economic interests of the globalists.  Prior to the panel Secretary Ross gave an interview to CNBC. WATCH:

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As mentioned Secretary Ross also outlined how the ‘America First’ economic policy and platform engages with the global community during a panel discussion at the World Economic Forum.  Generally the attendees have been historic champions of multinational corporations and multinational financial interests, ie. fans of “economic globalization”.
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