An article from Reuters discussing the position of the International Monetary Fund (IMF) is interesting.   Essentially the IMF is warning that “global economies” will contract by $455 billion next year due to the ongoing trade conflict between the U.S., China, the EU and to a lesser extent, Japan.  Yes Alice, there are hundreds of billions at stake.
There’s really no reason to doubt the amount estimated, though I think it’s on the short side, but the yearly value seems in line.  I have no doubt President Trump will cost the “Global Economy” $455 billion…. because that money will be transferring back to the America First economy. That’s what happens as MAGAnomics reverses the IMF trade (wealth distribution) model.

The IMF is correct in part (the effect), incorrect in part (the cause), and mostly hypocritical.  The Euro-minded IMF rails against the high value of the U.S. dollar, but simultaneously ignores the motives behind the intentional devaluation of currencies that are pegged against the dollar.

WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, the Japanese yen and China’s yuan were seen as broadly in line with fundamentals.

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Mike Morell was the Deputy CIA Director when President Obama and Hillary Clinton botched the joint 2011 CIA and State Department operation “Zero Footprint” in Libya.
“Zero Footprint” was the covert operation initiated by Secretary of State Clinton and CIA Director Leon Panetta.  Director Panetta left the CIA just before the operation went sideways and resulted in the attack on the Benghazi State Dept./CIA annex September 11th, 2012.  General David Petraeus was the new CIA Director when the Benghazi attack happened.  Immediately, General Petraeus became a risk.  [Deep Background]

After the Benghazi attack, the relationship between journalist Paula Broadwell and General Petraeus was used by ODNI James Clapper to remove the CIA Director.
Immediately after the election of 2012 CIA Director David Petraeus resigned (Nov 9th) and interim CIA Director Morrel took over. This is why Petraeus never testified about CIA operations to the Senate panel investigating Benghazi, Mike Morrel took his place.
Morrel’s job was to provide cover for the background operation (2010, Zero Footprint) where Obama, Clinton and Panetta provided covert weapons, including shoulder fired missiles, to Libyan “rebels”, aka Libyan al-Qaeda.  AND Morrel’s second role was to cover for the extended CIA operation (2011-2012) where the CIA was buying back those missiles and shipping them into Syria for use overthrowing the Assad regime; the second operation was based out of the secret (at the time) State Dept/CIA facility in Benghazi.
Morrel was essentially the CIA narrative ‘fixer’.  He was up to his eyeballs in the cover-up behind Benghazi 2012 and 2013.  After Acting Deputy Morrel testified to congress about the CIA involvement around Benghazi, and the issues of terrorism vs. Islamic movie (happy squirrel chase) etc. Mike Morrel was replaced at the CIA by John Brennan.
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President Donald Trump will be delivering remarks to business leaders; then holding a bilateral meeting with President Moon Jae-in today in South Korea.  Following the bilat the two leaders will hold a joint press conference (12:05am EDT).
Then President Trump will travel to the demilitarized zone where the world waits to see if the U.S. President will meet North Korean Chairman Kim Jong-un, possibly making history. (1:30am EDT)

The DMZ schedule is tentative and might be subject to change; however, the world will be watching to see if the Trump-Kim meeting and handshake takes place (approximately 1:30am EDT). No sitting U.S. President has ever stepped foot in North Korea. If this was to happen it would be a historic moment.  Full Schedule Below:
10:00am ROK / 9:00pm EDT THE PRESIDENT delivers remarks to Korean business leaders, Seoul, Republic of Korea
10:50am ROK / 9:50pm EDT THE PRESIDENT departs the Hotel en route to Blue House, Seoul, Republic of Korea
11:00am ROK / 10:00pm EDT THE PRESIDENT arrives at Blue House, Seoul, Republic of Korea
11:10am ROK / 10:10pm EDT THE PRESIDENT participates in a restricted bilateral meeting with the President of the Republic of Korea, Moon Jae-in, Seoul, Republic of Korea
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The Blandensburg Cross, aka The Peace Cross, is a war memorial, located in the three-way junction of Bladensburg Road, Baltimore Avenue, and Annapolis Road in Bladensburg, Maryland.

The American Humanist Association had sued the American Legion to have the cross removed, arguing the memorial represented a Christian symbol on public land and violated the establishment clause.
Lower courts had agreed with the plaintiff, against the American Legion, and the memorial was to be removed.  The American Legion appealed the ruling all the way to the Supreme Court.
Today the Supreme Court reversed the lower court rulings (full pdf below).  In a 7-2 decision authored by Justice Alito, the court acknowledged the Bladensburg Cross -as a memorial- represents more than religion and does not violate the establishment clause.
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~ Dance With The Dragon ~

Amid the furor from hundreds-of-thousands -perhaps millions- of protestors, Hong Kong leader Carrie Lam announces a ‘suspension‘ of the proposed extradition law that would have permitted extradition of Hong Kong residents to Chinese law enforcement.

Lam apologized on Sunday, for the way the Hong Kong government handled the proposal but she did not fully take the controversial law off the table.  The ripple effect of the proposal itself now calls into question the autonomy of Hong Kong, and many observers foresee it is now only a matter of time before China takes a tighter grip.
Currently Hong Kong is not subject to the same economic consequences within the U.S-China confrontation.  As long as Hong Kong is considered ‘autonomous’ they remain detached from U.S. tariffs and other measures targeted to China.  However, if China breeches the increasingly unclear barriers, judicial and legal systems intended to provide that autonomy – well, then the situation could change.  Hong Kong is tenuous at best.
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Earlier today President Donald Trump delivered remarks to an international audience gathered to commemorate the 75th anniversary of D-Day, the beginning of the allied liberation of Europe (Video, Transcript and Pictorial):

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[Transcript]  THE PRESIDENT: President Macron, Mrs. Macron, and the people of France; to the First Lady of the United States and members of the United States Congress; to distinguished guests, veterans, and my fellow Americans:
We are gathered here on Freedom’s Altar. On these shores, on these bluffs, on this day 75 years ago, 10,000 men shed their blood, and thousands sacrificed their lives, for their brothers, for their countries, and for the survival of liberty.
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Most of the events commemorating the 75th Anniversary of D-Day will take place in the very early morning hours today.
President Donald Trump and First Lady Melania Trump will attend the 75th anniversary of D-Day at the Normandy American Cemetery in France. President Trump, along with French President Macron and other world leaders, will honor the Allied troops’ maneuver that led to the turning point of World War II.
UPDATE: Full Video Added

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Citing the ongoing internal investigation of FBI leaks to media, from the 2018 OIG report on FBI conduct, today the Office of Inspector General outlined a preponderance of evidence against a corrupt FBI Deputy Asst. Director.  However, the DOJ is refusing to prosecute:

(Source)

The most alarming aspect is the OIG finding of the Deputy Asst. Director leaking grand jury information to the media, and yet the DOJ is declining to prosecute.
Incredibly, the inspector general (IG) indicated, without explanation, that “prosecution of the DAD [deputy assistant director] was declined.”  Instead, the investigation’s findings will be referred to the FBI for “appropriate action”.   What the hell is going on?
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President Trump and First Lady Melania Trump made an unscheduled visit to Arlington National Cemetery ahead of Memorial Day.  As more than 260,000 flags were being placed at the graves of U.S. service members, the president and first lady visited with U.S. Army personnel who participate in the annual remembrance and solemn event.

The President and First Lady placed flags at headstone of Frank Buckles who was the last surviving World War I veteran before his passing.  President Trump will not be in the U.S. to observe the Memorial Day holiday, as both he and Melania head to Japan for an official state visit on Friday.
While in Japan President Trump and the first lady will be participating in a Memorial Day event at Yokosuka U.S. Naval Base where they will honor our fallen soldiers.
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This evening President Trump and First Lady Melania Trump host the 2019 White House Historical Society Association Dinner.

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[Transcript] East Room – THE FIRST LADY: Good evening. Please, sit down. The President and I are delighted to be with you, all of you, this evening as we celebrate the incredible work of the White House Historical Association over this past year and prepare for our continued work to preserve and restore the People’s House in the years to come.
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