Wow, The Economy is Hot – U.S. Housing Starts Jump 16.9% in December, 1.608 Million Units…

Jumpin’ ju-ju bones this is the best recession ever!  The Commerce Department announces U.S. housing starts in December jumped a whopping 16.9 percent in December with 1.608 million units.  Blowing away forecast expectation of 1.375 million units; with the largest gain since 2006.
Cross referencing the latest median wage report from the Bureau of Labor Statistics [Table 4] shows that average wages in the construction sector in the fourth quarter increased 9.3%.  There’s obviously a lot of demand for workers in the construction industry.

WASHINGTON (Reuters) – U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.
There was also some encouraging news on manufacturing, with other data on Friday showing production at factories increasing for a second straight month in December.

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Trey Gowdy Discusses Impeachment Trial – President Trump Adds Ken Starr and Alan Dershowitz to Defense Team…

Trey Gowdy appears on Fox to discuss the anticipated points and counterpoints, accusations and defenses, and strategy within the upcoming impeachment trial.
Today it was also announced that President Trump’s defense team added Ken Starr, Alan Dershowitz, Robert Ray, Pam Bondi and Jane Raskin.  Those five will join Pat Cipollone and Jay Sekulow who are the primary defense lawyers.


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The IG Report Documentary: "FISA and Spying on Team Trump" – OAN Broadcast 7:00pm ET Tonight….

Few people have read the entire inspector general report on the FBI’s FISA misconduct, and fewer still have an understanding of the depth of troubling findings within it.  In an effort to provide information about the content, John Spiropoulos has produced a documentary going over many of the reports’ more important findings.
The exceptionally well produced documentary called “FISA, Spying on Team Trump” is an hour long broadcast created by John Spiropoulos, a former MSM journalist and producer for Channel 7 in Washington DC (1979 – 1989).  John spent a month going through every page of the report, pulling out some of the key details and overlaying information from IG Michael Horowitz congressional testimony.
The investigative report will premier tonight at 7:00pm EST / 4:00pm PST on One America News (OAN).  Here’s an exclusive preview:


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There are new revelations within the documentary, and the report will rebroadcast on Saturday January 18th, and Sunday January 19th at 11am Eastern / 8am Pacific time.
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Commerce Secretary Wilbur Ross Discusses MAGAnomics, China Trade and USMCA…

Commerce Secretary Wilbur Ross, the coolest cat in the crew, appeared tonight for a discussion on economics and trade with Lou Dobbs.  Secretary Ross discusses the current status of the economy and how the two trade agreements have established the foundation for a completely restructured U.S. trade relationship for years to come.
Wilburine notes the Europeans are nervous thinking about the wolverine teeth that will soon be heading in their direction.  Good Stuff.  WATCH:


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What makes the Trump economic team so effective is their independence from any influence outside of the America-First agenda.  President Trump, Secretary Wilbur Ross, and Secretary Steven Mnuchin were already independent billionaires -with wealth gained from private industry- before they entered office.  There is no financial influence upon them except to see Main Street USA thrive….
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President Trump Delivers Remarks on Constitutional Prayer in School (W/ Presser) – Video and Transcript…

Earlier today President Trump held an oval office event focused on protecting every student’s constitutional right to pray in school. The president is updating Federal guidance regarding protected prayer and religious expression in public schools (not updated since 2003).  The new guidance makes clear that students can read religious texts or pray during recess and other non-instructional periods, organize prayer groups, and express their religious beliefs in their assignments.  [Video and Transcript Below]
The president also answered questions from the attending press pool:


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[Transcript] – THE PRESIDENT: Well, thank you very much. A couple of things happened today that are very exciting. The USMCA passed the Senate. It’s one of the biggest trade bills ever made.
And then, yesterday, as you know, China passed, and that’s something that is extraordinary. And it’s going to have tremendous far-reaching effects, including our relationship, long term, with China, our farmers and manufacturers and bankers, and everybody. It’s jobs. It’s jobs like we’ve never seen before, and that’s going to be something very special. And USMCA today, which just passed by a very comfortable vote — a very high vote — we are very proud to have that.
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Impeachment Trial Next Steps – Senate Leader McConnell Establishes Briefing Schedule…


Adopted today by unanimous consent:

  • A Summons to the White House notifying them of the impeachment trial will be issued by the Senate and delivered by Saturday January 18th, 2020, 6:00pm,
  • The House of Representatives (impeachment managers) have a deadline of 5:00pm Saturday, January 18th, 2020, for the filing of their impeachment brief to the Senate.
  • The White House (defense lawyers) have a response deadline of 5:00pm Monday, January 20th, for their response to the House impeachment brief.
  • The House of Representatives (impeachment managers) have a deadline of Noon Tuesday, January 21st, for their rebuttal brief to the White House defense brief.
  • The Senate Trial begins at 1:00pm Eastern, Tuesday January 21st, 2020.

Senators will not be allowed to bring their cell phones or any electronic device into the Senate chamber while the trial is underway.
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Peter Navarro: "The Two Greatest Days in U.S. Trade Policy History"…

White House Manufacturing Policy Advisor, Peter Navarro, appears on Fox Business with Charles Payne to discuss the ramification of China ‘phase-one’ and the USMCA for the middle-class blue-collar economy.  Excellent interview, WATCH:


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MAGAnomics – Commerce Dept: December Retail Sales Jumped +5.8% vs Last Year…

Excellent sales report from the Dept. of Commerce reflects a 5.8 percent increase year-over year for December 2019.  U.S. consumer sales drive two-thirds of GDP; the December result is another indicator the GDP growth in the fourth quarter will likely be much higher than expected.

(Via CNBC) […] The Commerce Department said on Thursday retail sales increased 0.3% last month. Data for November was revised up to show retail sales gaining 0.3% instead of rising 0.2% as previously reported. Economists polled by Reuters had forecast retail sales would gain 0.3% in December. Compared to December last year, retail sales accelerated 5.8%.

It is weird to see how CNBC takes the good news, cites the factual impact of retail sales on GDP, and then proclaims the economy is likely faltering.  What the heck?
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Senate Ratifies USMCA Trade Agreement with 89-10 Vote…

In advance of the Senate beginning the impeachment trial of President Trump, the upper chamber ratified the USMCA trade agreement with an 89-10 vote.  The agreement now moves to the White House where President Trump will sign it.

The final ratification is the result of two-years worth of renegotiated trade reform, and the outcome gained bipartisan support in both the House and Senate.  The only republican senator who voted against the deal was Pat Toomey of Pennsylvania who is concerned the USMCA will weaken the position of Wall Street multinationals.
Nine democrat senators did not support the agreement because there wasn’t enough verbiage to support their climate change priorities, and the USMCA does not align with the Paris Climate Accord.  [Vote Tally Here]

USMCA gives American producers better access to Canadian dairy markets, and creates a cornerstone for a revitalized U.S. manufacturing base.  The deal has much more strict rules of origination for the auto-sector with 75% of parts and materials must be made in north America.  Combined with the requirement that 40% of those industrial parts must come from plants where workers make a minimum of $16/hr, the U.S. auto-industry will gain significant benefits.
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It Begins – Senate Leader Mitch McConnell Receives Articles of Impeachment and Structures Schedule…

Sickening.  Earlier today Speaker Nancy Pelosi held a media event signing ceremony complete with commemorative pens for dozens of her Democrat colleagues, and initiated the parade ceremony for the march across the Capitol with the articles.  Upon arrival at the upper chamber of congress, Senate Leader Mitch McConnell accepted delivery and began the process of organizing the procedure through a series of rules by unanimous consent.

[McConnell] “A few minutes ago, the Senate was notified the House of Representatives is finally ready to proceed with their articles of impeachment. So, by unanimous consent, we’ve just laid some of the groundwork that will structure the next several days.”

  • We have officially invited the House managers to come to the Senate tomorrow at noon to exhibit their articles of impeachment.
  • Then, later tomorrow afternoon at 2:00pm, the Chief Justice of the United States will arrive here in the Senate. He will be sworn in by the President Pro Tem, Senator Grassley.
  • Then the Chief Justice will swear in all of us senators. We will pledge to rise above petty factionalism and do justice for our institutions, for our states, and for the nation.
  • And then we will formally notify the White House of our pending trial and summon the President to answer the articles and send his counsel.

‘So the trial will commence in earnest on Tuesday.

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