MAGAnomics – U.S. GDP Growth Doubles in Second Quarter 2017….

The U.S. Gross Domestic Product (GDP) is the value of all goods and services generated within the U.S. economy over a designated period of time. In the second quarter (April, May, June) the GDP grew at a rate of 2.6%. That’s more than double the first quarters 1.2% growth rate.

President Trump set a goal of 3% GDP growth for the first year of his administration. Reaching 2.6% in the second quarter is significant progress toward the attainment of a goal all economists said was unattainable. Those same nay-sayers are also focused on wage rate growth which they claim is not moving with the economy. They are disconnected.
Again, CTH draws attention to the new modern era in economics. Most analysts and punditry have no historic reference points for a new dimension in U.S. economics; where 30 years of fiscal policy to the benefit of Wall Street has how shifted to the benefit of Main Street. We are now in the space between these two economic engines. Traditional economic review no longer applies.
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U.S. Coal Exports Soar – Over 60 Percent Increase in 2017….

Interestingly at the same time as a massive natural gas investment by Petronas collapses in Canada due to energy policy and economic conditions surrounding weak LNG prices, the U.S. Energy Information Administration highlights that U.S. coal exports are roaring back.  Yes, elections have real economic consequences.
U.S. EIA data shows a gain of 60.3% so far this year in exports of both steam coal (used to generate electricity) and coking coal (metallurgical coal used for steel manufacturing) as a direct consequence of President Trump’s common sense energy policy.

Interestingly, the largest destinations for the growth in American coal export are the U.K. (+175%) and a doubling of tonnage to both France (+100%), and Asia (+100%).  High transport costs to ship coal to the EU are being offset by U.S. coal manufacturing efficiencies and improvements in mining productivity.
Additionally, while the actual end user for coal shipments to the EU are difficult to track, it is reasonably anticipated that some European countries are preparing to offset their reliance on Russian energy with storage of steam coal for next winters high demand season.
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John McCain Casts Legacy Vote Against American People – Votes To Continue ObamaCare…


At 1:45am on July 28th 2017, Republican Senator John McCain together with Lisa Murkowski and Susan Collins voted against the ObamaCare repeal in the Senate; ensuring the failing ObamaCare health care takeover and economic drag continues.
This should not come as a surprise.  McCain has a legacy of voting against the American people to the benefit of his corrupt legislative corporate handlers.  Yet, the vote was still blood-boiling in ramification and consequence.
Additionally, it should be noted for an accurate record that Nevada Republican Senator Dean Heller delayed his own roll call vote, skipped his name when called, until he was able to see that McCain cast the vote against America.
When Heller was safe – as in: able to hide his malicious intent and vote “aye” at the conclusion of the roll- he gave the appearance of support.  A very typical albeit Machiavellian maneuver, customarily subtle and historically utilized by Senator Ted Cruz with few paying attention.
Senator McCain’s vote holds much larger ramifications than just the continuance of ObamaCare.  Inherent within the retention is a reality that any tax reform, tax cuts to benefit the middle-class, will also necessarily be diminished.
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Overnight Livestream – Senate Healthcare Debate and Upcoming "Skinny Repeal" Vote…

The Senate is Debating the “Skinny Repeal” (full pdf below) bill to reform ObamaCare.  A vote is anticipated around 12:00am EDT to 1:00am EDT.  The bill is below so you can review the language.
The “skinny repeal” plan would eliminate the individual mandate (requiring nearly all Americans to obtain health insurance or pay a penalty), and repeals the employer mandate (which obligates larger companies to provide affordable coverage to their full-time workers).  The plan would also get rid of the Obamacare tax on medical device makers.  The senate debate is ongoing.
Livestream Link #1Fox10 Livestream #2


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Congressional Testimony: The Russians Paid Fusion GPS to Generate the Golden Shower Trump Dossier…

In congressional testimony today William Browder, CEO of Hermitage Capital, was testifying about the “Foreign Agents Registration Act” (FARA).
During Mr. Browder’s testimony the origin of the Fusion GPS ‘Russian Dossier’ was discussed.  Browder stated the Russian government actually paid Fusion GPS to create the Steele propaganda dossier on candidate Donald Trump.  That same dossier was used by the FBI in June/July 2016 to generate the FISA surveillance warrants against the Trump campaign. WATCH:


Yes, that actually means FBI Director James Comey was using propaganda commissioned by Russia to attack Trump, as the framework to launch his FBI investigation into candidate Donald Trump and Russian collusion.
Expanding the reality.  This means the Russian collusion narrative the U.S. media has been running with for a year to attack Trump, was actually factual collusion between Russia and the the U.S. FBI, via James Comey.
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Couched Conversation – Attorney General Jeff Sessions Discusses His Feelings With Tucker Carlson…

Tucker Carlson dispatched by Murdoch boys to defend the honor of the Attorney General from the deplorable swamp-drainer bully President.
General Sessions explains to Tucker Carlson that President Trump’s comments are “kind of hurtful”.


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It’s a little ironic that General Sessions goes on to talk about his understanding of President Trump’s frustration with him not paying attention to domestic corruption issues surrounding Washington DC…. WHILE THE Attorney General IS IN EL SALVADOR !! 
Hello?
Anyone ever wonder if people in Session’s inner DOJ policy office are not intentionally keeping their bosses schedule busy with busybody work outside DC in an outcome of their own self-preservation efforts?   Or is the AG deciding this far-away policy direction and emphasis of his office all on his own?
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REPORT: FBI General Counsel James A Baker Under DOJ Investigation for Leaking…

Consider this report with a measured amount of cynicism.  Based on all historic references this could easily be just another example of well presented flak and countermeasures meant to protect the swamp, protect the Deep State, and feed a **distracting narrative.

WASHINGTON – FBI General Counsel James A. Baker is purportedly under a Department of Justice criminal investigation for allegedly leaking classified national security information to the media, according to multiple government officials close to the probe who spoke with Circa on the condition of anonymity.
[…] Three sources, with knowledge of the apparent investigation, told Circa that Baker is the top suspect in an ongoing leak investigation, but Circa has not been able to confirm the details of what national security information or material was allegedly leaked.

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President Trump Recognizes Responding Heroes Who Thwarted GOP Assassination Attempt…

Earlier today President Trump recognized the hero first responders who thwarted the GOP assassination attempt at the congressional baseball practice. Video and Transcript below:


[Transcript] 3:25 P.M. EDT – THE PRESIDENT: Please sit down. Thank you. And thank you to Vice President for doing a fantastic job and for the introduction. We welcome you all, members of Congress and distinguished guests. We are gathered here today for a very, very special occasion, as we pay tribute to real heroes whose courageous actions under fire saved so many lives in Alexandria, Virginia just six weeks ago.
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Paul Ryan, Big GOPe, and U.S. CoC Concede – "Border Adjustment Tax" Dropped From Tax Reform Plan…

Finally today we see a significant loss for the “Big Club”. Speaker Paul Ryan, the GOPe professional business class, Wall Street and the U.S. CoC accept the Border Adjustment Tax is not going to be a part of any larger tax reform agenda under the Trump administration.

Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and President Trump win the policy argument with the removal of the B.A.T.
In a joint statement outlining the forward plans for tax reform the “Big Six” tax negotiators (Speaker Paul Ryan, Senate Majority Leader Mitch McConnell, Treasury Secretary Steve Mnuchin, National Economic Council Director Gary Cohn, Senate Finance Committee Chairman Orrin Hatch, House Ways and Means Committee Chairman Kevin Brady), announce the consumer punishing BAT will not be included.

[…] “While we have debated the pro-growth benefits of border adjustability, we appreciate that there are many unknowns associated with it and have decided to set this policy aside in order to advance tax reform.” (more)

The B.A.T was to revenue collection on imported products and impact on consumers – what the Obamacare mandate was to revenue collection on healthcare and impact on consumers.
The B.A.T  was simply a scheme to embed the cost of renegotiated trade import tariffs, directly onto the consumer, isolated away from any responsibility on the corporation to reduce their own internal efficiencies as a method to keep the price down. It was a dubious and manipulative effort.
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