The Fundamentals of MAGAnomics….

Against the backdrop of MAGAnomic success, many people (some young some old) are beginning to engage in questions of decades-old economic assumptions.  Consider me thrilled at the possibility of a generational economic awakening.
Toward that end, here’s another repost from 2016 to gain understanding of the fundamentals behind President Trump’s MAGAnomic policies.  God Bless Main Street!
NOVEMBER 2016 – As we all begin to filter the impact of a historic Donald Trump victory, perhaps it is important to remind ourselves what should be the primary filter for perspective..

…the economics.

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For the first time in many decades the chief executive of the United States will walk into office concerned about the long-term financial stability of the United States.  For the first time ever, a titan of American Main Street is going to be in the oval office. Do not downplay the significance of this aspect. Money makes the world go ’round.
Every single global leader and politician is reviewing the U.S. election through their own domestic financial prisms. Rule #1 – Everything is about the money. Rule #2 – Everything is about the money. Rule #3 – when pondering any information broadcast by corporate media about a global Trump effect, refer back to the prior two rules.
Donald Trump is 100% pure MAIN STREET, never doubt that. Trump’s macro economic DNA outlook is compromised of American business interests at a micro-cellular level. Senate Leader Mitch McConnell et al will be dispatched immediately if he attempts to bring his big Wall Street/K-Street lobbying friends into the Trump economic equation.
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Impromptu Presser With Wilbur Ross Aboard Air Force One…

No reports from the press pool on this, and there is some important granular information, so here’s the transcript:
[Transcript] Aboard Air Force One – En Route Dubuque, Iowa – 11:27 A.M. EDT
GIDLEY: I know we’re about to land. We wanted to bring Secretary Ross back to have conversation about just what happened yesterday with the agreement with the European Union and steps moving forward, and what the President was able to do in that agreement.
So with that, I’ll turn it over to Secretary Ross, and he’ll take questions after. And if we could, let’s keep it to topic.
SECRETARY ROSS: Okay, thank you very much. I think you’ve heard the general outline of what was done yesterday, namely a commitment to move toward three zeros: zero tariffs, zero non-tariff trade barriers, and zero subsidies.
Basically, the idea that — is to level the playing field. Europe right now has much higher tariffs and much higher trade barriers than we do. Their trade barriers are both in the form of regulations that are not science-based, and standards that also are not science-based. So they have the practical net effect of keeping products out, even if they had no tariff at all.
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Commerce Secretary Wilbur Ross Discusses Objectives of New EU Trade Deal…

Commerce Secretary Wilbur Ross appears on Mornings with Maria to discuss the objectives of the new trade negotiations between the U.S. and the European Union.
Yesterday, President Trump and EU President Jean Claude Juncker announced the parameters of the agreement and the intent to reach a comprehensive agreement between the U.S. and the EU.  Secretary Wilbur Ross fills in some of the details:


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The U.S. trade team has assigned geographic responsibilities. There is overlap, and a great deal of synergy depending on the deal being negotiated; however, each member has a specific region of SME responsibility: ♦U.S.T.R Ambassador Robert Lighthizer has NAFTA; ♦National Economic Council Chairman Larry Kudlow and White House Manufacturing Policy Director Peter Navarro have China; ♦Commerce Secretary Wilbur Ross has the EU (and all others). As a consequence it makes sense that Secretary Ross would be the point-person discussing the outlines of the U.S./E.U. trade agreement.
An agreement with the EU puts pressure on Mexico to quickly participate in a similar agreement. This domino effect puts significant pressure on the Chinese to agree to terms of free, fair, open and reciprocal trade. Last night Secretary Ross appeared on Lou Dobbs for discussion. That interview is below:
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President Trump Participates in Iowa Workforce Development Initiative Roundtable – Livestream…

President Trump headed to Iowa today for a MAGAnomic business review and workforce development and policy discussion for U.S. workers.  President Trump and Commerce Secretary Wilbur Ross participate in a workforce development roundtable:
UPDATE: Video Added


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House Republicans Introduce Articles of Impeachment Against Deputy AG Rod Rosenstein…


Earlier today key congressional leadership met with top DOJ officials to reconcile the lack of compliance from the DOJ in document production for oversight.  Judiciary Chairman Bob Goodlatte, Oversight Chairman Trey Gowdy, Representative Mark Meadows and Representative Jim Jordan met with Deputy Attorney General Rod Rosenstein and DOJ staff including U.S. Attorney John Lausch.
In the past several weeks Deputy Attorney General Rosenstein has been blocking production of records; refusing to answer questions about his participation in the fraudulent FISA renewal, and protecting the interests of Special Counsel Robert Mueller from inquiry.  Articles of Impeachment:


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Commerce Secretary Wilbur Ross Discusses Principles of U.S. / EU Trade Agreement…

Commerce Secretary Wilbur Ross appears on Fox News with Barf Baier to discuss the outlines of the trade agreement between the U.S. and E.U.
While there is overlap and a great deal of synergy depending on the deal being negotiated, within the central U.S. trade team each member has a specific region of responsibility to focus upon: ♦U.S.T.R Ambassador Robert Lighthizer has NAFTA; ♦National Economic Council Chairman Larry Kudlow and White House Manufacturing Policy Director Peter Navarro have China; ♦Commerce Secretary Wilbur Ross has the EU.
So it makes sense that Secretary Ross would be the point-person discussing the outlines of the U.S./E.U. trade agreement.


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Unscheduled: President Trump and EU President Juncker Joint Press Statement – 4:00pm EST…

The White House has announced an unanticipated joint press statement/availability between President Trump and EU President Jean Claude Juncker to be held at approximately 4:00pm EST in the Rose Garden.
Apparently the EU has agreed to President Trump’s terms on lowering industrial tariffs to enhance U.S. trade opportunities; lower non-tariff barriers to increase agricultural trade, and committed to increased import of LNG (liquid natural gas) to offset Russian energy dependence.  THIS is a developing story….
UPDATE: Video Added


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President Trump Meets With President Of EU Commission Jean Claude Juncker…

EU President Jean Claude Juncker arrives sober at the White House to discuss the ongoing negotiations between the EU position(s) on multiple issues and U.S. interests and concerns as outlined by President Trump.
There are a few primary issues: An ongoing trade reset, and the pending U.S. sanctions against Iran.  Both issues hold significant financial and economic ramifications for the European Union.  Additionally, the construct of Brexit (the U.K. exit from the EU) will determine how the structure of any bilateral trade deal will be made with Britain.  All three issues are enmeshed as President Trump leverages U.S. economic power and access to the U.S. market.


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Agriculture Secretary Sonny Perdue Outlines Trade Reset and Farm Bridge-Subsidy…

Agriculture Secretary Sonny Perdue appears on Mornings With Maria to discuss the $12 billion bridge-aid for farmers during the ongoing trade negotiations; and concerns over the impact of tariffs.  [Expanded Backstory Here]


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Not surprisingly Secretary Perdue notes the U.S. and Mexico are close to a deal within the agriculture sector. Mexican President-elect Lopez Obrador (AMLO) campaigned heavily on correcting the same BIG-AG multinational trade issues that President Trump is confronting.
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Corrupt Republican Senate Intelligence Committee Chairman Richard Burr Defending FISA Application, Trying to Hide SSCI Involvement in FISA "Spygate"…

The Senate Select Committee on Intelligence (SSCI) is the same committee that Michael Caputo told: “God damn you to hell“, and for a very good reason.  The entire committee is corrupt from top to bottom; especially Chairman Richard Burr and member Marco Rubio.

The latest evidence therein comes from Chairman Burr defending the insufferably corrupt FISA application that was used against U.S. person Carter Page:

(Via CNN) […] “I don’t think I ever expressed that I thought the FISA application came up short,” Burr said when asked about House Republican memo alleging FBI and Justice Department abuses of the FISA process. “There (were) sound reasons as to why judges issued the FISA.”
Burr’s comments once again put him at odds with House Intelligence Committee Chairman Devin Nunes, who spearheaded the memo on FISA abuses. (read more)

The motives for Burr’s duplicity here are obvious. The entire apparatus of the media has avoided the explosive revelation of the unredacted FISA application being delivered to the committee on March 17, 2017, because the consequences from admitting the truth are catastrophic to the ongoing narrative.
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