For those following along over the past two years this will not come as a surprise. European manufacturers understand the entire foundation for the Paris Treaty was about economics, economic advantages and the transfer of economic strength away from the U.S., not climate.  Specifically for Germany the outlook is especially troubling.

First, Germany will be the primary EU country to fill the financial void from the U.K. leaving the EU (Brexit); that financial hole is approximately €15 billion per year.  Secondly, Germany will be faced with having to renegotiate trade deals with the U.S. while they remain encumbered with the regulatory burden of the Paris treaty, while the U.S. negotiators are not.  This is a large advantage for Team America.

As such, today we see and immediate reaction. German auto manufacturers announce they are faced with losing a competitive advantage over the U.S. in the global market, and will now need to reassess their domestic production and manufacturing standards:

REUTERS – Germany’s powerful car industry said Europe would need to reassess its environmental standards to remain competitive after the United States said it would withdraw from the Paris climate pact.

President Donald Trump said on Thursday he would withdraw the United States from the landmark 2015 global agreement to fight climate change, drawing anger and condemnation from world leaders and heads of industry.

“The regrettable announcement by the USA makes it inevitable that Europe must facilitate a cost efficient and economically feasible climate policy to remain internationally competitive,” Matthias Wissmann, president of the German auto industry lobby group VDA, said in a statement on Friday.

(more…)

Earlier today Secretary of Commerce Wilbur “Wilburine” Ross was interviewed by Today host Matt Lauer. Wilburine doesn’t suffer fools especially when they are quoting from oppositional talking points disconnected from facts.

Lauer throws the progressive talking points and Wilburine simply chews through them while reminding Lauer the Paris Treaty was about economics not climate.

.

The underlying principle of the Trump Economic Team’s policy is how they plan to effectively grow the economy beyond the current 1-1.5%. Without the insufferable regulation, and with renegotiated trade deals, the baseline for economic growth jumps enormously.

This is the fundamental disconnect most financial and economic followers are missing. All current assumptions for growth are predicated on the burdensome status quo; remove those blocks and the national GDP has no upper limit. Three to four percent (or higher) growth becomes the reality.

(more…)

Press Secretary Sean Spicer and EPA Administrator Scott Pruitt deliver the press beating live from the White House – Start Time 1:30pm EDT (estimated):

UPDATE: Video Added

(more…)

Germany’s Chancellor Angela Merkel is at the root of the European Union’s most terrible policies, both financial and social.  However, her life-skills within EU politics have refined her instincts at playing the wounded indian routine to avoid responsibility in the aftermath of the consequences.

In addition Merkel points the finger at others never taking ownership of the catastrophic outcomes from her expressed socialist and left-wing multicultural policies.  The economic migrants from the Mid-East and North Africa flooding the EU are the most visible example.

The conversations at the most recent G7 summit displayed an intensely smart and strategic approach by U.S. President Donald Trump in that he accepted the EU positions that enhanced their vulnerability (collective trade) and yet refused to accept EU positions that would have weakened U.S. economic outcomes (ie. climate agreements).

(more…)

Leaders of the G7, a finance-centric geopolitical group of international leaders, issued their joint summit statement on Saturday.  U.S. President Donald Trump refused to align the United States with the joint declaration pledging commitment to the Paris accord on climate change.

[Page 6 pdf below] …”The United States of America is in the process of reviewing its policies on climate change and on the Paris Agreement and thus is not in a position to join the consensus on these topics.  Understanding this process, the Heads of State and of Government of Canada, France, Germany, Italy, Japan, and the United Kingdom and the Presidents of the European Council and of the European Commission reaffirm their strong commitment to swiftly implement the Paris Agreement, as previously stated at the Ise-Shima Summit.”

President Trump tweeted at the conclusion of the G7 Summit:

The full summit agreement is below:

(more…)

Behind the social justice interventionism of the Birkenstock wearing Brangelina Peacenik useful-idiot-crowd, there’s the group of multinational financial interests who play the strings on the idiots.

Multinational corporations and billionaire financiers use climate change as a tool toward furtherance of collected global wealth.  Their strategy is quite simple, and has been played out for several cycles.  Create an institutional trade instrument (housing financial bubble example), control it, drive the pricing to an apex and reap the financial rewards.

Their expressed holy grail for human control is a global tax on all people more commonly known as a “carbon-trading tax”.  A planetary tax on personage.  Various religious groups have a financial method to purchase entry to heaven called ‘indulgences’.  Hence the comparison of Climate Change to a religion is exponentially accurate.

The “Carbon Trading” fundamental financial instrument is the foundational block of the financial interests behind modern climate change.  The latest exhibition of a decades long series of international construct was the Paris Climate Change agreement.

REUTERS – Investors with more than $15 trillion of assets under management urged governments led by the United States to implement the Paris climate accord to fight climate change despite U.S. President Donald Trump’s threats to pull out.

(more…)

If you didn’t read the Part-V explainer of how we got to this point in congressional history stop and go read it.  This stuff is all connected and cannot be absorbed without a thorough understanding of motives behind the advancing agenda-writers.

Make Sure You Watch The Embed Video (below) from Wilbur Ross.

The interim Continuing Resolution (CR) is fraught with demands of the “Big Club”.  That is: Wall Street, their lobbyists, and those who have created the UniParty for over three decades.   The “Big Club” is fighting back against the insurgent presidency of Donald Trump and is using the Republican wing of the UniParty to do it.

It is Republicans, not just Democrats, in congress who are putting the most toxic spending priorities within the $1+ trillion spending bill and forcing a spending bill onto President Trump’s desk which factilitates the needs of the lobbying class and undermines parts of the structural agenda of President Trump.

The outrage should be rightly focused on the UniParty in congress, and more specifically the Republicans therein, not President Trump.

What would the ankle-biters and antagonists (gnats) have President Trump do?  Veto a bill constructed by bipartisan legislation in congress?   Shut down government?  That’s exactly the dynamic the “Big Club” has set up through their paid opposition represented by Paul Ryan and Mitch McConnell.

(more…)

How do you get congress to accept the NAFTA notification of intent letter? Why, you backstop the Canadian decision to undermine U.S. dairy farm exports by applying equity import tariffs and offsetting losses to U.S. manufacturers.

First stop, lumber mills. ie U.S. regional impacts, not coincidentally, represented by key Democrat constituents.

The congressional delegations from Washington State and Oregon happen to be mostly elected Democrats; and they happen to applaud the efforts; which means they are not able to criticize the approach. Hmm, it’s almost as if Wilburine and POTUS had a strategy or something.   Nah, couldn’t be.

(Via CNN) These are the first tariffs imposed by President Trump, who during his election campaign threatened to use them on imports from both China and Mexico. The decision on Monday is bound to lead to a standoff and could stoke fears of a trade war between the US and Canada, two of the world’s largest trade powers.

Commerce Secretary Wilbur Ross said the tariffs, or taxes, announced Monday evening were being imposed after trade talks on dairy products fell through.

(more…)

You might have noticed that China halted coal imports from North Korea, specifically the type of coal used for making steel known as coking coal.   The Chinese decision was made following a meeting between President Trump and President Xi Jingping in Florida.

[…] To make up for the shortfall from North Korea, China has ramped up imports from the United States in an unexpected boon for U.S. President Donald Trump, who has declared he wants to revive his country’s struggling coal sector. (link)

That’s the backdrop for a visit today by EPA Administrator Scott Pruitt to Western Pennsylvania coal country.  Subtle, like a brick through a window, but still the media won’t discuss it.

SYCAMORE, Pa. – U.S. Environmental Protection Agency Administrator Scott Pruitt visited the Harvey Mine in Sycamore, Pa., today, to meet with coal miners and announce EPA’s Back-to-Basics agenda. The agenda reinforces Administrator Pruitt’s commitment to refocusing EPA on its intended mission, returning power to the states, and creating an environment where jobs can grow.

“What better way to launch EPA’s Back-to-Basics agenda than visiting the hard-working coal miners who help power America. The coal industry was nearly devastated by years of regulatory overreach, but with new direction from President Trump, we are helping to turn things around for these miners and for many other hard working Americans,” said Administrator Pruitt. “Back-to-Basics means returning EPA to its core mission: protecting the environment by engaging with state, local, and tribal partners to create sensible regulations that enhance economic growth.”

(more…)

This morning President Trump and Vice-President Pence hosted a town hall on American Business.  The town hall consisted of CEOs and business leaders gathered to discuss infrastructure and the need to reduce regulations in order to help alleviate the restrictions that have plagued businesses.

[TRANSCRIPT] 10:41 A.M. EDT – THE VICE PRESIDENT:  It’s a great privilege to be able to welcome you to the White House.  Thank you so much.  I want to thank everyone involved in the Partnership for New York City — Michael Corbat, Stephen Schwarzman.

It’s an honor to have the leaders that are gathered in the room here with us today.  I know the President is on his way over, and it’s my great privilege this morning to share a few thoughts, in the midst of this important conversation on the topics that you’re covering before I introduce my friend and the 45th President of the United States.

(more…)