Maganomics – Pruitt at The Plate…

President Trump’s MAGAnomic Main Street policy initiatives surround a very basic set of principles.  To add wealth to the middle class you: A.) increase wages, and B.) lower the cost of living.
Increasing wages is the long-term economic outcome from America-First business and corporate manufacturing policies (Secretary Wilbur Ross), in combination with fiscal policies (Secretary Mnuchin).   Subsequently, within his economic agenda, President Trump visibly engages an extraordinary amount of effort on both Commerce and Treasury.
However, there’s a part of the plan for reestablishing middle-class wealth that also comes from lowering the cost of living (high consumables).  That’s where EPA Administrator Scott Pruitt intersects with Ross and Mnuchin as Pruitt works to lower energy costs.


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Lowering energy costs has an exponential benefit to the overall economy.  Not only does it drive down the cost of domestic highly consumable products, but it also binds the building blocks of the manufacturing and production sector.  Lower energy costs offset higher wages on products manufactured for export and helps keep the U.S. competitive.
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U.S. Chamber of Commerce President Tom Donohue Rages: President Trump is Existential Threat to NAFTA…

Here we go… buckle up, and grab the popcorn.  This is the part where the “trillions at stake” comes into play…

U.S. Chamber of Commerce President Tom Donohue is now engaged in a direct fight with U.S. President Donald Trump. As would be expected, and as we specifically predicted, Tom Donohue is now specifically aligning himself with Canada and Mexico against the interests of the United States economy.

Tom Donohue gives hundreds of millions to Mitch McConnell and the crony UniParty capitalist ilk that infect Washington DC. Donohue owns the vast majority of U.S. politicians. This battle is the epicenter of lobbying usurpation, and how multinational corporations own U.S. politicians. This battle will be epic.

MEXICO CITY/WASHINGTON (Reuters) – The most powerful U.S. business lobby accused the Trump administration on Tuesday of making “poison pill proposals” to sabotage talks aimed at modernizing NAFTA, as negotiators began gathering in Washington for fresh trade talks.
[…] Speaking in Mexico City, Thomas Donohue, the U.S. Chamber of Commerce’s president and chief executive, listed several U.S. proposals that he said would undermine $1 trillion in annual trilateral trade, including a “sunset clause” to force regular negotiations.

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TPP Decepticons Hold Tax Reform Announcement Press Conference…

We’ll dig through the tax reform details as they become available.  However, pragmatic #MAGA Trump supporters would be wise not to get too far out in advance of supporting this GOPe tax reform package yet.


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The reason for caution is quite simple.  Notice the players, the key constructionists. These are the exact same Decepticons who constructed the TPP (Trans Pacific Partnership) trade deal, and who operate in DC on behalf of their multinational corporate sponsors and benefactors. The representatives within this press conference are the EXACT SAME members who constructed TPP and pushed Trade Promotion Authority (TPA) to ensure its legislative passage.
On the broad overview so far – it would appear the Decepticons are following their traditional UniParty playbook.  Meaning they are following the road-map that continues the status quo by announcing a program not structurally established to meet the guidelines of the Trump MAGA agenda; at least as it was initially described.  Much like the ruse with Obamacare repeal and replacement efforts the GOPe often do this intentionally.
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MAGAnomics Winning – 2nd Quarter GDP Growth Revised Upward to 3%…

Despite the good news, the insufferable MSM are still trying to bury the cause and effect. In an effort to give a more precise picture I’m going to use a Reuters summary, and shift their text location to highlight what they bury and emphasize what they avoid:
WASHINGTON (Reuters) – The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter.
Gross domestic product increased at a 3.0 percent annual rate in the April-June period, the Commerce Department said in its second estimate on Wednesday. The upward revision from the 2.6 percent pace reported last month reflected robust consumer spending as well as strong business investment.
Growth last quarter was the strongest since the first quarter of 2015 and followed a 1.2 percent pace in the January-March period. Economists had expected that second-quarter GDP growth would be raised to a 2.7 percent rate.
♦[…] Businesses helped to carry the economy in the second quarter, with spending on equipment jumping at a rate of 8.8 percent. ♦[…] Trade added two-tenths of a percentage point to growth. ♦[…] Government spending contracted for a second straight quarter. ♦[…] Housing was a drag on growth in the last quarter, with investment on home building contracting at a 6.5 percent rate.
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Secretary Tillerson Proposes Elimination of DoS "Special Envoy" Positions – Senator Corker Fights Back…

The media are so predictable it becomes a little funny after a while.  CNN specializes in the State Department and sells their narratives. Washington Post specializes in the CIA and sells their narratives.  NYT focuses on DOJ, FBI and Intelligence Community overall.
Senator Bob Corker leaks a letter he received from Secretary of State Tillerson directly to CNN.  Secretary Tillerson is informing Senator Corker of State Department downsizing.  Republicans in congress have already threatened to sue Trump administration to force more spending on State Department.

(Via The Hill) Secretary of State Rex Tillerson is preparing to eliminate or downgrade special envoy positions at the State Department, CNN reported Monday.
The secretary, in a letter addressed to Senate Foreign Relations Chairman Bob Corker (R-Tenn.) obtained by CNN, proposed shaking up as many as three-dozen posts, by either letting go or transferring the envoys.

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Washington Times: Fed Policy Powerless to Influence Inflation…

In 2015 we discussed candidate Trump’s economic positions and how they would impact the economy.  CTH anticipated that MAGAnomics would be reversing three decades of federal reserve fiscal policy. After about a year of analysis and discussion, in 2016 CTH presented a theory: “A new Dimension in Modern Economics“.
CTH shared a possibility of what could happen if Trump Economic Policy was shifted to favor Main Street over Wall Street.  One aspect we presented was how Federal Reserve monetary policy would be oddly disconnected from its ability to influence inflation.
Washington Times today:

(Article Link)

While the issues inherent within economic influences can be riddled with complexity, we remain optimistic that MAGAnomics will be very very successful.
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President Trump Continues Strategic Trump Doctrine – Economic Leverage To Produce National Security Objectives…

It must be pointed out; it is up to us to do so.  The corporate media are hopelessly deficient in their coverage and explanations of how strategic objectives for national security are being delivered through a Trump Doctrine via economic leverage.  The results are stunningly effective, yet few have noticed, and even fewer seem willing to articulate.

The latest example of the geopolitical Trump Doctrine in action comes via Venezuela, and in the wake of a fraudulent Maduro election – the Trump administration’s economic and financial policy delivering sanctions against the rogue Maduro regime:

(Via LA Times) The Trump administration on Friday slapped sweeping financial sanctions on Venezuela, barring banks from any new financial deals with the government or state-run oil giant PDVSA.
The sanctions Trump signed by executive order are bound to dramatically escalate tensions between Venezuela and the U.S. and exacerbate the country’s economic crisis.

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Mitch and The Big Club Opposition – It's All About The Economics…

There are Trillions of Dollars at Stake. CTH has been highlighting the hidden motivation for years.  Opposition is all about the economics folks.
Against President Trump’s promise to renegotiate trade deals, withdraw from TPP and TTIP, walk away from the fraudulent economic scheme within the Paris Climate Treaty, and renegotiate or pull out of NAFTA.  Well,… it’s called a strategy session folks:

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President Trump Discusses NAFTA: "I think we'll end up, probably, terminating NAFTA at some point"…

At the end of the first round of NAFTA renegotiations, Sunday, I shared a confidence level of “3” on a 10 point scale; as to whether a deal was likely. [Explained Here]
On Monday Commerce Secretary Wilbur Ross and U.S Trade Representative Robert Lighthizer debriefed President Trump the on the results of the first round (5 days).   USTR Lighthizer and Secretary Ross were both at the White House during the eclipse viewing.
On Tuesday, following that briefing, President Trump shares his opinion on NAFTA. WATCH:


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Remember, this statement follows the discussions with Ross and Lighthizer a day earlier.  It would appear that President Trump did not like the information they shared.  Knowing that POTUS Trump isn’t going to accept or compromise on an economic deal that doesn’t fix the issues; and knowing he’s wanted to walk away from NAFTA in favor of bilateral trade deals from the outset; I might need to lower my confidence to a “1” or lower…
Super-Mega-MAGA-Winning! (more…)