Almost too much winning… almost, but I think we can take it. The New York federal reserve has raised their anticipated fourth quarter GDP growth forecast to 3.8%. That’s only a week after previously raising it to 3.2%.
The Stock Market closes again at yet another all time high today:
Yup, as widely anticipated, the impact from Trump’s MAGAnomic policies are creating a massive upward dynamic on the Main Street economy. The increase in consumer confidence; the recent increases in wages; the increase in disposable income as an outcome of lowered energy costs and downward prices on high consumables (fuel, food, etc.); the increases in housing starts; the reductions in imported durables; the expansion of exports in energy products and agriculture, and the expanding domestic investment, are all factors in expanding the GDP.
The NY Fed have revised their projection upward to 3.8%, and THAT’S BEFORE they get a first analysis on holiday spending (due out the end of the month); and well before they can quantify the November and December retail sales results which account for two-thirds of GDP math. So don’t be surprised, as we shared on their last revision, if you see that GDP growth number go much higher.
Oh, the winning…. squeeze the kids. REMEMBER:
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While the U.S. media loves to talk about President Trump’s approval rating when it’s bad news, what they fail to discuss is how President Trump has consistently higher approval ratings than: •President Macron, France; •Prime Minister May, Great Britain; or •Chancellor Merkel of Germany.
According to Zogby Analytics:
♦ President Trump approval 42 percent
♦ Chancellor Merkel approval 40 percent
♦ President Macron approval 28 percent
♦ Prime Minister May approval 28 percent
That means President Trump has the highest approval rating compared to the leaders of largest economic countries in Europe. However, this shouldn’t come as a surprise because it was evident in Germany’s recent election that Merkel -in victory- had less support in Germany than President Trump holds in the U.S. Go figure…
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Everyone is aware how apoplectic the Democrat loonery became when their best laid schemes to put Hillary in the White House ran into the reality of electoral Cold Anger carried by the deplorables. Lots has been written about the gobsmacked reaction to the election, yet few have outlined the underlying policy reasons for the scope of the panic.
The desperate need for post-election control showcased the lefts’ reaction to fear. However, it is only by looking at the policy groundwork they lost where a political observer can evaluate the scale of defeat. Democrats created a continuum pathway that is now entirely controlled by the very nemesis of their controlling belief system.
In a largely under-reported story last week, President Trump installed OMB Director Mick Mulvaney as interim head of the Consumer Financial Protection Bureau, the CFPB.
The CFPB was created to establish power and control over almost every financial transaction in the United States. But it is only when you review how Elizabeth Warren and the control agents structured the czar head of the CFPB that you recognize the scale of the intent carried within the construct.
When Senator Elizabeth Warren and crew set up the Director of the CFPB, in the aftermath of the Dodd-Frank Act, they made it so that the appointed director can only be fired for cause by the President.
This design was so the Director could operate outside the control of congress and outside the control of the White House. In essence the CFPB director position was created to work above the reach of any oversight; almost like a tenured position no-one could ever remove.
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Eric Trump appears on Sunday Morning Futures with Maria Bartiromo to review the first year of President Trump’s administration and discuss current events:
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UCLA basketball players LiAngelo Ball, Cody Riley and Jalen Hill were arrested in China for shoplifting while attending basketball tournament. UCLA athletic director Dan Guerrero said the players stole from three stores in China including sunglasses stolen by LiAngelo Ball from a Louis Vitton store.
During a state visit to China President Donald Trump requested leniency and consideration from President Xi Jinping. The players were released as President Trump returned from Asia.
Now, the ungrateful father of LiAngelo Ball, LeVar Ball, dismisses the efforts of President Trump:
“Who?” LaVar Ball told ESPN on Friday, when asked about Trump’s involvement in the matter. “What was he over there for? Don’t tell me nothing. Everybody wants to make it seem like he helped me out.”
It was massively unreported in 2014 when Egyptian President Abdel Fattah al-Sisi took control of the Gaza Sinai border and began removing the Hamas Terror tunnels. As we watched the local media reporting, it was almost unbelievable how western media were ignoring the events. (example)
A full one-third of all homes on the Gaza border with Egypt contained Hamas tunnels used to smuggle weapons. One of the discovered tunnels was 1.5 miles long (link). In order to deal with the scale of the issue, al-Sisi ordered the removal of houses to facilitate an almost mile-wide buffer zone. During the effort massive tunnels were discovered that the terrorist network Hamas was using to smuggle weapons.
It was al-Sisi’s efforts on that border that eventually forced the terms of a 2014 ceasefire between Hamas/Palestinian Authority and Israel. By forcing Hamas and the Palestinian Authority to speak with one voice President al-Sisi changed the paradigm of willful blindness supporting terrorism.
Since 2014/2015 the border area has been secured by Egypt and no weapons have been able to flow into Gaza. The inability of the Muslim Brotherhood and Hamas to fuel further terror created the space for the Palestinian Authority to extend it’s influence.
Eventually, absent their ability to fuel terrorist activity, Hamas and the Muslim Brotherhood diminished in influence; later granting the PA with unified governing authority. The “big squeeze” paid off.
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Multinational corporations and foreign governments spend hundreds of millions in Washington DC lobbying House and Senate politicians to retain trade positions. It’s generally a legal bribery business where congressional representatives get rich by selling their votes to corporations and foreign governments.
Most of you already know the game: It’s a big club, and we -the working class- ain’t in it.
Fortunately for us, President Trump won the election without funding from the big corporations and lobbyists within the U.S. political system. As such they cannot influence Trump’s decisions on economic policy matters and trade; and President Trump rarely invites them into the White House for policy meetings.
Specifically because the lobbyists don’t have access to the White House they rely on their purchased politicians in the House and Senate to influence the administration.
The multinational corporations and multinational banks are against the U.S. removing ourselves from multilateral trade agreements. Those institutions rely on being able to manipulate the U.S. consumer market – EXPLAINED HERE. The biggest influence agent, and by far the biggest lobbyist spender, is Tom Donohue, President of the U.S. Chamber of Commerce, who represents the interests of the multinational corporations and Wall St.
So when you see these letters, knowing they are written by K-Street and transcribed onto legislative letterhead by political staffers, all you need to do is look at the signatures of the politicians and you can quickly identify who has been purchased by Tom Donohue:
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Almost everyone understands the term “re branding”. Don’t laugh when you consider the possibility of re-branding Kim Jong-un; and more importantly, as an outcome, the entire geopolitical architecture of North Korea. Rebranding takes time. This type of re branding takes silent and subtle persuasion.
It’s not a short term process, but look for indicators like this to ever-so-slowly morph. China’s Xi Jinping seeding ploughshares over missiles needs careful and controlled fertilization.
Business suits replacing General’s uniforms would be very good for the people of North Korea. Ultimately that’s an honorable goal.
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Representative Jim Jordan (R-OH) frustratingly questions his good friend Attorney General Jeff Sessions about the standard for the DOJ to appoint a special counsel and/or investigate the brutally obvious legal issues/implications surrounding the “Steele Dossier”, the Clinton campaign and the weaponization of the intelligence community (FBI) to undermine political opposition (Trump).
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As you can see above, Attorney General Jeff Sessions is reluctant to investigate based on appearances. The end result of Sessions’ position is to extend the investigative responsibility to congress. The end result of congress conducting investigations is the road to nowhere, See: Fast and Furious, Benghazi, IRS, VA Scandal etc….
Sessions is advocating for the familiar; for the swamp retainment system, or as I prefer to call it: Flak and Countermeasures.
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LiAngelo Ball, Cody Riley and Jalem Hill have embarrassed our country, our president, their school and their families. A day prior to President Trump’s arrival in China the three UCLA Bruin freshman basketball players were arrested in Shanghai, China for stealing sunglasses from a Louis Vuitton store near the team hotel.
In addition to being a national embarrassment, they were facing harsh legal consequences in China that would forever destroy their lives. However, during President Trump’s meeting with Communist Chinese President Xi Jinping, he asked for leniency.
While President Trump is en route back to the U.S. from the 12 day Asia trip, Chairman Xi Jinping has released the three thieves:
LOS ANGELES (AP) — Three UCLA basketball players detained in China on suspicion of shoplifting are on a plane back to Los Angeles.
Pac-12 Commissioner Larry Scott said Tuesday the matter “has been resolved to the satisfaction of the Chinese authorities.”