President Trump and Chancellor Merkel Press Conference – March 17th…

President Trump and German Chancellor Merkel hold a joint press conference Friday March 17th 2017.
Chancellor Merkel again presented her view that globalization was the future of the world economy, and continued advocating for a failing multi-culturalist approach toward blended societies and reductions in national identity.  Merkel, like most of the far-left EU ideologues view Russia as an existential threat to their political objectives.


(more…)

President Trump, VP Pence, Chancellor Merkel Attend Roundtable Business Discussion – Vocational Training…

President Trump has initiated a new administration protocol of greeting each foreign dignitary personally at the entrance to the White House upon each visit.

Today German Chancellor Angela Merkel visited the White House and attended a cabinet room roundtable discussion with U.S. and German business leaders on the topic of vocational training.  Anticipating a future trade negotiation President Trump also brought Commerce Secretary Wilburne (Ross) to engage:


.
12:58 P.M. EDT [Transcript] PRESIDENT TRUMP: Chancellor, thank you very much. Such a great honor to get to know you, to be with you. I want to thank all of the business leaders who have joined us to discuss a subject that’s very important to me — training our workforce for the 21st century, especially with respect to manufacturing jobs.
(more…)

Mick Mulvaney Segment During WH Press Briefing – Questions from Media…

OMB Director Mick Mulvaney attends the daily White House press briefing and fields questions about the President Trump ‘America-First’ budget.
Director Mulvaney does an exceptional job explaining the larger budgetary issues, priorities and squashing some of the more ridiculous media narratives du jour.


.
Regarding the non-discretionary side.  I would remind all:

Trump Economics – […] As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve.
More money into the U.S Treasury and less dependence on welfare programs has a combined exponential impact. You gain a dollar, and have no need to spend a dollar. That is how the SSI and safety net programs are saved under President Trump.
When you elevate your economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.
As the GDP of the U.S. expands, so too does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie, and begin thinking about how many more economic pies we can create. (link)

(more…)

Fed Raises Interest Rate a Quarter Point – Nothing Changes…

It’s really interesting to read the financial presentation of Reuters in their article outlining the Fed, Chair Janet Yellen, decision to raise interest rates a quarter point (.25).  Keep in mind that Reuters traditionally slants left (globally) on all economic presentations.
Those Treepers who have followed our economic analysis will note the disparity between Yellen’s justification and the inconsequential impact therein.   The Stock Market never even flinched today.  Part of the reason is the disconnected (traditional) view of economics within the current Yellen justifications.  It ain’t just us who sees this “new dimension“.

Emphasis in citations are all mine.

(Reuters) The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target.
The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent to 1.00 percent marked one of the Fed’s most convincing steps yet in the effort to return monetary policy to a more normal footing.

{define “normal”}
(more…)

President Trump Remarks During Visit to Detroit Michigan – Auto Industry Focus – 2:00pm Live Stream…


President Donald Trump delivers remarks today in Detroit Michigan. President Trump is holding an event at the American Center for Mobility, a testing center for self-driving vehicles in Ypsilanti Township.
Within the remarks it is anticipated that President Trump will announce the U.S. Environmental Protection agency will restart a review process for tougher fuel-economy standards, a move that has been applauded by U.S. automakers.

Video Added:


(more…)

LOL Actual CNN Budget Headline: "Trump's plan to dismember government"…

There are articles that are funny in their presentation, and then there are articles that are hilariously funny in their apoplectic protestations.  CNN writes a lengthy article about the upcoming President Trump budget.  The headline:

Trump’s plan to dismember government

Washington (CNN) – President Donald Trump plans to dismember government one dollar at a time.
His first budget — expected to be unveiled later this week — will mark Trump’s most significant attempt yet to remold national life and the relationship between federal and state power.
It would codify an assault on regulatory regimes over the environment, business and education bequeathed by former President Barack Obama, and attempt to halt decades of steadily growing government reach. (read more)

And, and… they say this like it’s a bad thing. (more…)

Wolverine In The Gate – Robert Lighthizer U.S. Trade Rep. Senate Hearing…

For those who are economic and trade policy junkies, President Trump’s key pick for U.S. Trade Representative, Robert Lighthizer, testified today at his Senate Confirmation Hearing.  To skip the legislative posturing {gag} forward the video to 33:00:


.
Mr. Lighthizer, 69, worked for decades as a trade lawyer, representing clients including U.S. Steel Corp.  Historically, he has been critical of U.S. officials who supported China’s entry into the World Trade Organization in 2001, and argued the move worsened America’s trade deficit and hollowed out our manufacturing sector.
Two decades of actual, and quantifiable, results later shows Lighthizer was absolutely 100% correct in his criticisms and predictions.  Ultimately this is why the Globalists within the Democrat machine want to keep Lighthizer out of office.  Mr. Lighthizer will forget more about trade deals than the next closest person could ever know. (more…)

President Trump Meets With Current Cabinet – Four Seats Remain Unfilled, Issues Executive Order…

Earlier today President Trump met with his cabinet members and outlined the administrations’ expectation they immediately conduct a wholesale review of each department in order to lower costs, shrink the size of their departments and utilize their leadership and executive skills to remove cost redundancy with extreme urgency.

To accomplish this goal, President Trump signed an Executive Order initiating an immediate reorganization of the executive branch –SEE HERE–   Including the elimination of “unnecessary agencies” as identified in the review.

Section 1.  Purpose.  This order is intended to improve the efficiency, effectiveness, and accountability of the executive branch by directing the Director of the Office of Management and Budget (Director) to propose a plan to reorganize governmental functions and eliminate unnecessary agencies (as defined in section 551(1) of title 5, United States Code), components of agencies, and agency programs.


.
[Transcript] 3:07 P.M. EDT – THE PRESIDENT:  Hello, everybody.  I’m proud to welcome everyone to our first official Cabinet meeting. (more…)