This afternoon President Trump announces the PREVENTS Task Force Roadmap which highlights the admin’s work to prevent veteran suicide and offer mental health resources to veterans. Anticipated Start Time 2:15pm ET  [Video Added]

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This hearing might be a little too wonky for some, but not too many other policy issues touch 100% of American lives.   U.S. Trade Representative Robert Lighthizer will be delivering testimony today outlining the 2020 trade policy agenda.

The testimony is before the House Ways and Means Committee, and will be livestreamed on the committee website [SEE HERE] and below at 10:00am ET from the Longworth House Office Building.  USTR Lighthizer is the sole witness.

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Lighthizer will also be testifying to the Senate Finance Committee at 3:00pm. [LINK]

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U.S. Senator Josh Hawley delivered a speech on the floor of the senate that deserves some attention.  The larger issue outlined by Senator Halwey surrounds the recent Supreme Court Bowstock decision authored by Justice Gorsuch.  However, in overlaying the judicial outcome, Hawley hits on the central issue he calls the “conservative bargain.”

The entire speech is worth listening to, as the senator encapsulates many of the frustrations within the recent decision; but the segment at 07:15 cuts to the heart of the distinction between MAGA-Trump republicanism and the pathetic GOPe wing of the Mitch McConnell UniParty. We have previously called this “The Decepticon”  WATCH:

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U.S. Trade Representative Robert Lighthizer is testifying tomorrow at 10:00am to the House Ways and Means committee; later in the afternoon Ambassador Lighthizer will testify before the Senate Finance Committee.

The New York Times has received an advance copy of USTR Lighthizer’s opening statement, and the liberal publication is apoplectic the Trump administration plans to outline an even more aggressive stance toward the World Trade Organization (WTO).

According to the pearl-clutching Wall St. class, Lighthizer is going to inform congress of Trump/USTR plans to demand tariff reciprocity; and Lighthizer will indeed raise tariffs against any nation that continues to attempt one-sided benefit. [EU will go bananas]

One method to approach tariff inequality would be for the U.S. to lower the import value threshold for non-tariff exemptions. Currently the U.S. does not apply import duties to any product valued under $800. This is a great benefit to China, southeast Asia, and U.S. on-line retailers such as ebay and Amazon; however, the zero tariff threshold hurts U.S. manufacturers because China and other nations do not reciprocate.

It is anticipated that USTR Lighthizer will inform congress the U.S. will lower that import threshold to match the same value level applied by other nations. Obviously the U.S. Chamber of Commerce and the Wall Street multinationals will not like this approach.

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In his opening monologue today Fox host Tucker Carlson took on the subject of Google and their control over 70% of all on-line advertising revenue.   Within the very accurate segment, Carlson noted that Utah Senator Mike Lee is in charge of the antitrust subcommittee and yet does nothing, absolutely nothing, to stop the authoritarian demonetization and deplatforming action carried out through the monopoly Google holds.

No single issue will do more damage to the reelection efforts of President Trump than allowing Google to carry out their political agenda. However, that accepted, that’s also the motive for the Senate and DOJ to do nothing. This is a good, honest and painful segment:

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Earlier today the DOJ filed a civil action [see pdf here] against former National Security Advisor John Bolton for refusing to comply with the classified intelligence review prior to publishing a book.  [DOJ FILING LINK]  Perpetual warmonger John Bolton worked as NSA to President Trump from April 2018 to September 2019.

Bolton was always an odd pick for National Security Advisor given his propensity to advance mid-east wars and advocacy for military strikes against North Korea.

…”On June 7, 2020, without Defendant giving any prior notice to the NSC, press reports revealed that Defendant and his publisher had resolved to release the book on June 23, without completing the pre-publication review process. Subsequent correspondence with Defendant’s attorney confirmed that public reporting.

Simply put, Defendant struck a bargain with the United States as a condition of his employment in one of the most sensitive and important national security positions in the United States Government and now wants to renege on that bargain by unilaterally deciding that the prepublication review process is complete and deciding for himself whether classified information should be made public.”… (pdf)

An embed of the lawsuit is below:

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NBC News is taking a victory lap after their successful efforts to target their competition, The Federalist website, results in GoogleAds demonetizing the outlet. However, within the article the NBC report also implicates Google in large-scale antitrust violations.

According to NBC the outlet asked Google to take action against the Federalist. Emphasis mine:

(Via NBC News) […] The two sites, ZeroHedge and The Federalist, will no longer be able to generate revenue from any advertisements served by Google Ads.

A Google spokesperson said in an email that it took action after determining the websites violated its policies on content related to race.

“We have strict publisher policies that govern the content ads can run on and explicitly prohibit derogatory content that promotes hatred, intolerance, violence or discrimination based on race from monetizing,” the spokesperson wrote. “When a page or site violates our policies, we take action. In this case, we’ve removed both sites’ ability to monetize with Google.”

[…] Google blocked The Federalist from its advertising platform after the NBC News Verification Unit brought the project to its attention. (link)

Apparently NBC has a self-admitted division within its news operation that is specifically focused on eliminating any competition.  To accomplish this objective NBC requests Google to target and remove revenue from their competition.  An alignment of self-serving interest based on ideology.  This is only one example of an unlawful antitrust violation.

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Data released by the Commerce Dept [pdf here] shows U.S. shoppers increased spending by a record 17.7% from April to May. The jump in spending was double the amount most economists and forecasters were predicting.

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(Reuters) Retail sales jumped 17.7% last month, the biggest advance since the government started tracking the series in 1992. Sales dropped a record 14.7% in April. Economists polled by Reuters had forecast retail sales would rise 8% in May. (link)

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According to the New York Police, three police officers were “intentionally poisoned by one or more workers at the Shake Shack at 200 Broadway in Manhattan. After tasting the milk shakes they purchased they became ill, making it necessary for them to go to an area hospital. Fortunately, our fellow officers were not seriously harmed.”  (LINK)

The Shake Shack corporation previously aligned themselves with the Black Lives Matter movement.  Specifically the corporation said they were we’re taking action “to become better allies, not only for our Black colleagues, but for the entire Black community.”

Thus current Shake Shack employees can argue their attacks against police was their collective expression of social justice in carrying out the interests of the organization.

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New coronavirus reports from Beijing are very sketchy. According to Chinese authorities they have identified a new strain of coronavirus at a massive wholesale food market in Beijing called the Xinfadi Market.  They are blaming “European Salmon”…

Beijing officials have reported 79 cases over the past four days, the biggest concentration of infections since February. The spate of new cases prompted officials in many parts of the city to swiftly bring back tough counter-epidemic measures, with at least three districts entering “war-time mode.”

Measures imposed included erecting round-the-clock security checkpoints, closing schools and sports venues, and reinstating temperature checks at malls, supermarkets and office buildings. CNBC REPORT:

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There have been several economic reports that China’s manufacturing economy is contracting. Considering a desperate dragon…. It would not be out of place to consider that Beijing would react to losing an economic war, or even economic position, by trying to unleash a globally mitigating virus intended to target their geopolitical adversaries [Hong Kong, Taiwan and the U.S.]

This zero-sum outlook is EXACTLY how the Chinese red dragon thinks!

We have been engaged in an undeclared economic war.  Perhaps it’s time we made an official and public declaration; and strategically, openly, aligned all U.S. interests toward economic combat.

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