White House Trade and Manufacturing Advisor Peter Navarro appears on CBS ‘Face the Nation’ and ABC ‘This Week’ to outline the strength of the U.S. economy, and the current U.S-China trade reset, including tariffs.
There are trillions at stake.
Food for thought – contemplate how Sunday media bookings take place.  The ‘subject‘ for  Sunday interview discussions, and who they need for their narrative engineering sessions (ie. interview schedules), are made by MSM *corporate media early in each week.  [*U.S. Media are owned by Wall Street multinational conglomerates]
Obviously, as noted in the WH scheduling requests, the corporate MSM was planning to follow up and exploit their 48 hour engineered narrative (Tue/Wed) surrounding a false recession.  Unfortunately the excellent Commerce Dept. economic data released Thursday crushed their objectives… Thus, the corporate media were tripped up mid-plan.

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White House Trade and Manufacturing Policy Advisor Peter Navarro appears on CNN to debate economic policy with Jake Tapper. As customary Tapper attempts to use the Multinational Big AG talking points to identify farmers as victims.
♦The yield on the benchmark 10-year Treasury note dropped to 1.623% Wednesday for less than one hour; momentarily below the 2-year bond rate of 1.634%. The cause was a rapid influx of foreign capital, mostly from the EU (due to negative interest rates), into the U.S. to secure a return. This is not comparable to the historic ‘bond rate inversion’.
♦The biggest fallacy pushed in this interview, YET AGAIN, surrounds price impacts on Chinese imports. Tapper takes the talking points of the Wall Street multinationals, and their paid think-tanks, to push an empirically false assertion of the U.S. consumer paying for tariffs on China. Here’s the easiest refutation of that nonsense:

• The Steel (25%) and Aluminum (10%) tariffs have been in place for two years.
• The 25% tariff on $250 billion Chinese goods have been in place over a full year.
• The current inflation rate (Consumer Price Index) is only 1.4%.

(Bureau of Economic Analysis – Personal Income and Consumer Price Index)

If the tariffs on China were impacting consumers, inflation would be much higher. In fact the exact opposite is happening. Because the protectionist Chinese and EU currency manipulation hits *ALL* imports, including non-tariff products, we are actually importing deflation.

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Delivering a statement directly from the files of ‘captain obvious‘ former AAG Matt Whitaker notes that everything about Bruce and Nellie Ohr was sketchy.

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Political opposition research was paid for by Hillary Clinton and created by Fusion-GPS (Glenn Simpson and Nellie Ohr).  That oppo-research was then sent to Chrisopher Steele in the U.K. so he could launder the information and return it to the DOJ and FBI, through Bruce Ohr, as a semi-official “intelligence” product.
Within the released documents provided to Judicial Watch the last FBI interview of Bruce Ohr (May 15th, 2017) took place two days prior to the appointment of special counsel Robert Mueller; and one day before Rod Rosenstein took Mueller to the White House.
Throughout the interviews (full pdf below) Bruce Ohr was acting as the go-between delivering information from his wife Nellie Ohr at Fusion GPS and one of Fusion’s contract investigators, Christopher Steele.
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Citing the continued effort of Rashida Tlaib (D-MI) and Ilhan Omar (D-MN) to advocate for the anti-Israel Boycott, Divestment and Sanctions (BDS) movement, the government of Israel notified Representatives Omar and Tlaib Wednesday night they would not be granted entry visas this weekend.

Not long before the news was public, President Donald Trump tweeted his support for the decision by the Israeli government:

Immediately the political media went bananas with proclamations that President Trump was the cause of the denied entry.  According to many DC politicians demanding the elimination of the state of Israel does not warrant a denial of entry.  The Democrats -and some Republicans- say Israel should respect the voices of American politicians who want to see their nation eliminated.  Apparently Israel disagrees with this position.

WASHINGTON – Israel on Thursday barred Reps. Ilhan Omar and Rashida Tlaib from entering the Jewish state, citing their support for a Palestinian-led boycott movement — a decision that unleashed a torrent of condemnation by Democratic congressional lawmakers.

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If you needed any empirical evidence to prove the doomsday proclamations by the financial pundits are false claims, just look at the July consumer spending results. July spending more than doubled expectations.
July results were +0.7 percent, against the economic forecast of +.03 percent.   Consumer spending makes up over two-thirds of the U.S. GDP and overall economy. Doesn’t exactly sound like Main Street is on the precipice of a recession. Oh my.

Average wage growth remains +3.5% year-over-year.  The growth of overall income for American workers exceeds +5.4 percent year-over-year.  Unemployment is a low 3.6% and U.S. consumer inflation remains low at 1.4 percent.  Meaning: the middle-class has more disposable income to save or SPEND; and that’s what is happening….

• Reminder #1: Consumer spending is two-thirds of the U.S. economy.
• Reminder #2: We consume more than 80 percent of our own production (products created in USA).  We do not rely on exports.
• Reminder #3: Because of #1 and #2, the “Main Street” U.S. economy is self sustaining -much stronger- and more protected from the negative impacts on the global economy.
• Reminder #4: Who/What is at risk from global contraction? The Wall Street economy (compromised primarily of multinationals).  What is not at risk, the Main St economy.
• Reminder #5:  Because of #3 and #4, Wall Street can drop while Main Street thrives.

This is the fundamental disconnect. These Main Street results, this dynamic, is the space between two economic engines that CTH has been describing for three years.  The investment class on Wall Street can go through pain, while the middle-class on Main Street thrive.  We are in the space between.
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Early on Tuesday United States Trade Representative Robert Lighthizer announced the modification of “next step” tariffs on Chinese products.  [See Here] “Products in this group include, for example, cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing.”

President Trump responded to the delay/modification when questioned in New Jersey.  President Trump noted a “very productive” phone call between Lighthizer and Vice-Premier Liu He of China:

[Transcript Segment] – […] Q Why did you make the decision on the tariffs, to delay the implementation of the tariffs?
THE PRESIDENT: Only to help, I think, a lot of different groups of people. And we had a very good talk yesterday with China — a very, very productive call. I think they want to do something. I think they’d like to do something dramatic. I was not sure whether or not they wanted to wait until a Democrat has a chance to get in. Hopefully that’s not going to happen because the economy would go to hell in a handbasket very fast.

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The situation in Hong Kong is a geopolitical dynamic that will likely become much more volatile in the next few weeks, months and/or years.  One constant in an ever-changing universe is how the UniParty in DC will attempt to drag the U.S. into the issues.

First, Hong Kong is China.  Whether a generation of people look back with regret to the time when Great Britain ceded the territory to Beijing is irrelevant.  China has, and will have, full control over Hong Kong; and that’s the way it is.  This will not be reversed.
Any effort for the people within Hong Kong to reverse the situation and escape the clutches of oppressive communism while retaining their liberty will only lead to massive bloodshed.
Unfortunately for Hong Kong, as President Trump decouples the U.S. economy from the duplicitous communist Chinese enterprise, Beijing will grasp more control over the heavily Western-influenced economic strata in/around Hong Kong.
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Former Acting Attorney General Matt Whitaker appears on Fox News with Lou Dobbs to discuss immigration judges and a unionization ruling.  However, when the discussion turned to Jeffrey Epstein, even AAG Whitaker said common sense tells us something about this is “fishy”.

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Apparently the Bureau of prisons moved Epstein from suicide watch to a room with bunk beds and sheets. Then his cellmate was removed. Then the guards stopped watching him. Then he hung himself with the bed sheets… Alone in the room with the bunk beds… when no-one was watching, and no-one noticed.
Oh yeah, and the FBI went to search his rapey island today.  35 days AFTER he was arrested. Three days AFTER the sealed records of his activity was unsealed; and two days AFTER his suicide.  What were they waiting for?…
Yeah.  “Fishy”!
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First rule in geopolitics, it’s always about the economics.  Second rule in geopolitics: refer to rule #1.    Understanding this basic truism is the key to understand how President Trump is able to be so effective.  There are trillions at stake, and infinite interests.

“Economic security is national security.” ~President Trump

All politics circles back to the underlying economics; whether it is an individual financial self-interest for a specific politician, or whether it is a larger financial interest for a group or even a nation.  Everything is always about the money, and that essential truth is why Donald Trump is so uniquely qualified, influential and stunningly effective. Today:

(VIA CBC) The United States would “enthusiastically” support a no-deal Brexit if that is what the British government decided to do, U.S. national security adviser John Bolton told reporters on Monday.
[…]  As the United Kingdom prepares to leave the European Union on Oct. 31, its biggest geopolitical shift since the Second World War, many diplomats expect London to become increasingly reliant on the United States.
“If that’s the decision of the British government we will support it enthusiastically, and that’s what I’m trying to convey. We’re with you, we’re with you,” said Bolton, in London for two days of talks with British officials. The U.S. administration is seeking an improved U.S.-British relationship with Prime Minister Boris Johnson after sometimes tense ties between Donald Trump and Johnson’s predecessor, Theresa May.

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United States Attorney General William Barr delivered remarks this morning to the Fraternal Order of Police’s National Biennial Conference when he spoke about the custodial death of high-profile sex trafficking ringleader Jeffrey Epstein.

“We are now learning of serious irregularities at this facility that are deeply concerning”..

[Transcript] […] “Before I begin, I would like to briefly address the news from the Manhattan Correctional Center over the weekend regarding Jeffrey Epstein. This case was very important to the Department. It was important to the dedicated prosecutors and agents who investigated the case and were preparing it for trial. Most importantly, this case was important to the victims who had the courage to come forward and deserved the opportunity to confront the accused in court.
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