White House Office of Trade and Manufacturing Policy Director Peter Navarro appeared on Fox Business last night to outline the U.S. position in the ongoing trade reset against communist China.  Almost all of the financial media and economic punditry are intentionally obfuscating the underlying nature of China’s economic model.
China is a communist central government controlled economic system.  Free-market principles do not apply when dealing with China; therefore trade strategies based on ‘free markets’ cannot succeed against the centralized planning of a communist regime.

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Secretary of State Mike Pompeo visited North Korea amid the backdrop of the U.S. -vs- China trade confrontation.  The geopolitical economic issues form the structural disconnect between the ongoing U.S. negotiations and the responses from China through their proxy province in North Korea.
Secretary Pompeo debriefs the media shortly before departing the DPRK; and expresses a generally positive disposition about the ongoing talks:

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However, unnamed officials, likely elements within the central North Korean government who are control agents for Beijing, send a more confrontational message at the conclusion of the meetings:

(AP) North Korea says high-level talks with a U.S. delegation led by Secretary of State Mike Pompeo were “regrettable” and has accused Washington of trying to unilaterally pressure the country into abandoning its nukes.

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I have been asked about this repeatedly:

Validating Paul Sperry’s tweet.  Yes, FBI Agent Peter Strzok failed his polygraph and his supervisors were notified on January 16th, 2016, his results were “out of scope“. Meaning he failed his polygraph test.  Yet he was never removed from any responsibilities; and against dept policy, he did not have his clearance revoked until he could clear.
This was discussed during the Rosenstein testimony and overlooked by most.  WATCH:

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Well, this is interesting.  The substance of the latest information is better read by reviewing the presentation of John Solomon [SEE HERE].

The dynamic that catches my interest is how some unknown and unnamed officials inside the FBI apparently kept memos and emails between Lisa Page and Peter Strzok hidden while Inspector General Michael Horowitz was conducting his prior investigation into their conduct during the Clinton email investigation:

[…]  Memos the FBI is now producing to the Department of Justice (DOJ) inspector general and multiple Senate and House committees offer what sources involved in the production, review or investigation describe to me as “damning” or “troubling” evidence.

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The Bureau of Labor Statistics presents the latest snapshot of jobs and employment.  According to the BLS data, behind the 213,000 jobs added, the most significant gains all center around growth in durable goods, manufacturing, transportation/distribution and the ancillary business services directly connected to the blue collar sector.
In addition, April was revised up from +159,000 to +175,000, and the change for May was revised up from +223,000 to +244,000. With these revisions, employment gains in April and May combined were 37,000 more than previously reported.

In the macro-review things are looking great; however, when you go into the micro-review you discover things are even better, they are MAGAnificent.
To understand what is happening we must all remember the Trump MAGAnomic policies are geared toward enhancing the creation of “goods”; the production of physical “stuff”; the manufacturing and durable good sector; or put another way: Main Street/Blue Collar work.   MAGAnomic policy is geared toward expanding the production base of the U.S. economy.  Therefore all majority benefit will be necessarily attached to those workers and industries that are part of the expanding production base.
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For more than three decades all U.S. economic policy has been elevating Wall Street and diminishing Main Street. As a result blue-collar workers have not had wage gains keeping up with inflation for over 30 years…. Then came the era of Trump.

– “Walking in a Winner Wonderland” –

More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) Trump won the election, and B.) Trump began instituting Main Street economic policy ahead of Wall Street policy (the past 30+ years).
We discussed the new dimension that would occur between two economic engines (Main Street -vs- Wall Street) as three decades of policy shifted. CTH outlined statistical and measurable KPI’s that would become visible in the space between the policy shifts.
Part of those discussions focused on energy costs, product costs (we explained how inflation would be weird), and importantly, wage rates. It takes several months of policy emphasis (actual outcomes), before the labor market wage rates would grow. We anticipated seeing that impact in Q2 of 2018, which is April-June 2018.  Well:

(Via CNBC) […] The Bureau of Labor Statistics reported that April closed with 6.7 million job openings. May ended with just over 6 million people the BLS classifies as unemployed, continuing a trend this year that has seen openings eclipse the labor pool for the first time. At some point that gap will have to close. Economists expect that employers are going to have to start doing more to entice workers, likely through pay raises, training and other incentives.

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Today President Donald Trump holds a MAGA rally at the Four Seasons Arena in Great Falls, Montana.  Part of the rally objective is to boost Republican Montana Auditor Matt Rosendale in November’s election for the Senate seat currently held by Democratic incumbent Senator Jon Tester.   Tester led a ridiculous smear campaign against the former White House doctor and Veterans Affairs nominee, Ronny Jackson.

Topics during the rally will likely cover: the upcoming Supreme Court nomination; the ongoing trade initiatives of the administration; the continued benefits from the tax cut and reform program; as well as other key MAGA initiatives.  Anticipated speech time 6:00pm EDT with pre-rally speakers earlier in the program.

UPDATE: Video Added

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There are those who refuse to accept how deviant and perverse the underlying progressive ideology of Democrats really is; however, that tribe is shrinking. More and more Americans are waking up to understand and accept the commonality.  The latest example from San Antonio, Texas, is not an exception; this is who Democrats are.  Do not look away.
When a Democrat, an anti-social deviant, displays their true identity, it is in our nation’s best interests to accept it for what it is.  Do not look away:
“Donald Trump’s supporters are angry“, or “uneducated”, or “unenlightened”, or (Fill_In_The_Blank).  This outlook was also clear in the latest round of sunlight upon how officials within the United States Department of Justice and FBI leadership feel about a nation of citizens beneath their authority.
This outlook is the same as expressed by Representative Maxine Waters.  Don’t diminish it, accept it; their hatred is very real. The corporate media narrative controllers are fully engaged; the 2018 mid-term election is soon to come.  Desperation is nearing apex.
The gaslighting is extreme as the same entities utilize their microphones in a brutal attempt to create a self fulfilling prophecy.  In essence, what they are really trying to save is themselves.  However, the reality disconnect only solidifies their irrelevance.
At this point, anyone still trying to convince us this entire assembly of our union is headed in the right direction, well, they might want to revisit their proximity to the 2018 election ballpark. Because they’re not just out of the city – they’re also out of the same state the election ballpark is located in….. But then again, the media know that.

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Last month the White House presented a 36-page outline of the U.S. position toward trade with China (full pdf below).  White House National Trade Council and Office of Trade and Manufacturing Policy Director Peter Navarro delivers a presentation to discuss that report.  Very well worth watching:

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Report below:
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President Donald J Trump, First Lady Melania Trump, Vice President Mike Pence and Second Lady Karen Pence host an independence day picnic at the White House for administration officials and military families.

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