The U.S. economic numbers continue to gain strength. Ahead of his departure to China for ongoing trade negotiations, Treasury Secretary Steven Mnuchin discusses the current state of the economy with Maria Bartiromo.
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Secretary Mnuchin and USTR Lighthizer arrive in China tomorrow. This meeting will determine their recommendations to President Trump as to whether a deal can be reached. If no, the potential to re-institute delayed round-two tariffs is possible. (more…)
Deputy Attorney General Rod Rosenstein has written his resignation letter to President Trump (link to pdf). His resignation is effective May 11th, 2019:
National Economic Council Chairman Larry Kudlow appears on Fox Business to discuss the latest strong economic numbers including GDP growth, rising wages, low inflation, and strong capital investment. Additionally, Kudlow discusses current status of U.S. trade negotiations with China and a looming battle against the Decpeticons for USMCA.
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On the latest Op-ed by Iowa Decepticon Senator Chuck Grassley. As I mentioned last week, the Grassley/Johnson letter to AG Bill Barr is exhibit “A” in how DC attempts to leverage their own financial interests against the outsider that is Donald Trump.
Senate Finance Chairman Grassley’s move last week was a shot across the bow, but generally only noticed by those who travel the deep weeds of corrupt DC leverage strategy. Essentially, Grassley saying he won’t allow Trump to expose the deep state corruption unless Trump concedes to Wall Street’s demands on trade deals.
It only took a few days for the evidence of this leverage move to surface as Grassley, acting on behalf of his K-Street donors, writes an Op-ed stating if Trump doesn’t drop the Steel and Aluminum tariffs, then he can consider the USMCA “dead”. An absolutely typical Decepticon move. (more…)
The professional financial punditry can’t explain it. Flummoxed academics run around bumping into walls amid economic numbers that continue to defy expectations. All caused by a simple return to common sense ‘America First’ MAGAnomics. Low unemployment (3.8%); wages growing (+3.2%); inflation stable (1.6%). These measures all have a cumulative impact on paycheck-to-paycheck Americans. Prices for durable goods are stable and wage growth is exceeding inflation. That means more disposable income in the middle-class…DUH. Which, when combined with the increased pay from lower middle-class tax rates, is exactly the intended outcome of MAGAnomics.
Today the BEA is out with consumer spending results for the first quarter that defy expectations. Consumer spending on goods increases 1.7%. Overall spending +.09 in March, reaches highest gain in ten years. The deplorables are spending their higher wages. Go figure. Meanwhile core inflation drops to 1.6%. The pundits are shocked.
(Reuters Headline) “U.S. consumer spending roars back, but inflation tame” – WASHINGTON (Reuters) – U.S. consumer spending increased by the most in more than 9-1/2 years in March as households stepped up purchases of motor vehicles, but price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months.
♦ President Trump can prove the July 31st, 2016, Crossfire Hurricane counterintelligence operation originated from a scheme within the intelligence apparatus by exposing the preceding CIA operation that created the originating “Electronic Communication” memo. Declassify that two-page “EC” document that Brennan gave to Comey. [The trail is found within the Weissmann report and the use of Alexander Downer – SEE HERE]
♦ Release and declassify all of the Comey memos that document the investigative steps taken by the FBI as an outcome of the operation coordinated by CIA Director John Brennan in early 2016. [The trail was memorialized by James Comey – SEE HERE]
♦ Reveal the November 2015 through April 2016 FISA-702 search query abuse by declassifying the April 2017 court opinion written by FISC Presiding Judge Rosemary Collyer. Show the FBI contractors behind the 85% fraudulent search queries. [Crowdstrike? Fusion-GPS? Nellie Ohr? Daniel Richman?] This was a weaponized surveillance and domestic political spying operation. [The trail was laid down in specific detail by Judge Collyer – SEE HERE] (more…)
Prior to March 9th, 2016, the political surveillance and spy operations of the Obama administration were using the FBI and NSA database to track/monitor their opposition. However, once the NSA compliance officer began initiating an internal review of who was accessing the system, the CIA and FBI moved to create ex post facto justification for their endeavors. [Full Backstory]
After the November 8th, 2016, election everyone within the Obama network associated with the Trump surveillance operation was at risk. This is the impetus for the “Muh Russia” collusion- conspiracy narrative that was used as a mitigating shield. Within a few days after the election ODNI James Clapper and CIA Director John Brennan began pushing the Russia election interference narrative in the media.
Without notifying anyone, NSA Director Mike Rogers went to Trump tower on November 18th, 2016. Despite his compartmentalization it appears Rogers identified the NSA database abuse as the likely underpinning for some form of political surveillance.
By mid-December 2016 the Obama administration was deploying a full-court-press using their media allies to promote the Russia conspiracy. However, despite their public proclamations Clapper and Brennan were refusing to give any specifics to congress.
The hard narrative was that Russia interfered. That was the specific push from within the Obama intelligence apparatus writ large. All IC officials, sans Mike Rogers (NSA), had a self-interest in pushing this narrative; after all, it was the defensive mechanism to justify their illegal spying operation throughout 2016. This was their insurance policy.
The media was doing their part; and using the information leaked to them by those who were part of the 2016 operation(s) began battering the Trump transition team every hour of every day with questions about the Russia hacking narrative; thereby fertilizing the seeds of a collusion conspiracy. (more…)
Those who participated in the 2015/2016 surveillance and spy operations, which evolved into the 2017 (through today) soft-coup effort, are relying on a defense that Russia ‘hacked’ the 2016 election. This false narrative is how the corrupt administrative state will defend themselves.
Pay close attention to this interview and note how Senator Graham supports that narrative saying: “the Russians hacked into John Podesta’s e-mails, the campaign manager for the Democratic candidate for President. The Russians hacked into Hillary Clinton’s e-mails, the candidate for the Democratic Party.”
This ‘Russia-hacking narrative’ is the DC ‘chaff and countermeasures‘; when combined with their ‘by-the-book‘ justifications, it becomes their unified defense. Once you accept their baseline, it becomes much more difficult to expose their unlawful conduct.
[Transcript] MARGARET BRENNAN: We just heard about this tragic shooting. It was an AR-15-style semi-automatic weapon. Hate crimes seem to be on the rise–
SENATOR LINDSEY GRAHAM: Right.
MARGARET BRENNAN: –in this country. What do we need to do to combat this, prevent it? (more…)
President Trump calls-in to Sunday Morning Futures for an early interview with Maria Bartiromo from the border. [Unrelated, POTUS sounds like he’s in his pajamas, while Bartiromo looks like she’s in her pajamas] The topic is the crisis at the border.
The president answer questions about background of the problem; and then starts to discuss what Lindsey Graham is putting together. Additionally, the president discusses the Democrat 2020 candidates.
President Trump notes the ongoing ‘outsider‘ dynamic likely to eliminate Crazy Bernie from the DNC Club primary.
This is a pretty strategic tweet. It puts the DNC in a tough spot and simultaneously sends a positive message to Bernie supporters – who might need a home if the club is successful, again. (more…)