In 2016 CTH first predicted the intellectual economic disconnect that would arise out of the paradigm shift in economic principles. Initially I called it “the economic third dimension” – SEE HERE.
As time progressed through the second fiscal quarter of 2017 (Jan-March) again, we noted how the Federal Reserve was exactly failing to understand this “third dimension”; the space between Wall Street and Main Street fiscal policy – SEE HERE.

Finally today, for the first time, we see a federal reserve voting official begin to question the underlying economic assumptions of the Fed. Federal Reserve Bank of Chicago President Charles Evans is the first federal official to identify the disconnect between federal economic policy and actual economic outcomes:

WASHINGTON – […] Inflation has run below the Fed’s 2 percent target over the past eight years, Federal Reserve Bank of Chicago President Charles Evans noted.
“This is a serious policy outcome miss,” he said in remarks prepared for a conference in Idaho.
[…] Even as inflation has tumbled this year, Fed officials have brushed it off, indicating that they believe that one-off factors are keeping prices low. Those include cellphone service prices cratering because of carriers bidding to offer unlimited data plans. Fed Chairwoman Janet Yellen and others have suggested that inflation is likely to head back up after those temporary price drops slow overall prices.

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White House Press Briefing – “We’ve received several inquiries on what the President — on his agenda for the past couple of days, so I’d like to read some of that out before I take your questions.”

“He’s had multiple meetings with key economic advisors, particularly on issues of trade, such as Ambassador Lighthizer, Treasury Secretary Mnuchin, Commerce Secretary Ross, NEC Director Gary Cohn, and Director of the Office of Trade and Manufacturing Policy, Peter Navarro.”

The only question is the timing. Now or after NAFTA?  It is better to have NAFTA finished prior to the confrontation? …if so, considering DPRK aspect, what is the better strategy in the space between now and the final conflict?
Remember, this battle is two decades past due and waged on behalf of the forgotten men and women of the middle-class. The purchased legislative body within Washington DC will attack our economic efforts with an intensity never before seen in this century or any century.  There are trillions of dollars at stake; this is the epic battle for middle America.
The administrative state will work earnestly to destroy these efforts on behalf of our enemy.  Along with Wall Street, every multinational corporation and multinational banking institution will be against us.
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Ralph ‘sticky lips‘ Peters is a dangerous person. His previous behavior and advocacy showcases his ideology as one which espouses American intervention and elevation of the war machine at any cost.
His history of advocacy for illegal weapons distribution to any foreign entity, regardless of their eventual and predictable disposition to the United States, is littered with outcomes supported by John McCain and Lindsey Graham.
Peters constantly pushes the memes of war, any war. He previously asserted that President Trump should appoint Lindsey Graham to be the Director of National Intelligence after General Mike Flynn was fired.
A few months ago Ralph Peters claimed Fox Business host Lou Dobbs was a Russian operative working on behalf of Vladimir Putin. His unstable mind previously caused him to be suspended from Fox News for using vulgarities to describe President Obama.
Ralph Peters is a seriously unstable and dangerous war-mongering person; and nothing triggers that mindset like a threat of demilitarization. Cue the audio visual demonstration.

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Those of you following along at home might be having a remarkable feeling of Deja-Vu with the similarity between Hillary Clinton’s approach to her emails containing classified information, and James Comey’s approach today to reports of his leaked memos containing “classified” intelligence.
The defensive narrative ‘fact pattern’ appears identical in sequencing:
Step 1 – The emails/memos were not classified. √
Step 2 – The emails/memos were not ‘marked’ classified. √
Step 3 – The emails/memos were ‘retroactively classified‘. √

(Politico Link – Lastest)

Next up in the logical sequence:

Step 4 –  Missing/deleted = Wiped Comey memos: “what, like with a cloth or something?”
Step 5 –  Robert Mueller (filling the role of Comey circa 2016) will hold a 2017 presser to say: James Comey didn’t intentionally violate the law with sharing classified information within his leaked memos in 2017.  Adding: “we could find no intent” by him to do so.
Step 6 – Mueller will conclude his presser by saying: “no reasonable special counsel would recommend charges“.
Bets?
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White House Press Secretary Sarah Sanders and White House Legislative Affairs Director Marc Short deliver information to the media during today’s press briefing:

[Transcript] 2:28 P.M. EDT – MS. SANDERS: Good afternoon. Before we get started, I’d like to bring up Marc Short, the Director of Legislative Affairs, to give an update on how we’re moving the President’s agenda through Congress, particularly on the historic obstruction from Senate Democrats on confirming the President’s incredibly qualified nominees to posts across the federal government.
After his statement, Marc will take a few of your questions on that topic; and after that, I will be back to answer your other questions.
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In addition to Hawaii being the origin of Barack Obama’s worldview and the epicenter of currently failing leftist judicial attempts to block President Trump from implementing a temporary travel ban from known terrorist and extremist nations, now Hawaii has the distinction of being home to an active duty soldier arrested while attempting join ISIS.

HONOLULU (HawaiiNewsNow) –  An active duty Hawaii soldier has been arrested for allegedly trying to provide material support and training to the Islamic State.
FBI special agents and SWAT arrested Ikaika Erik Kang, 34, on Saturday evening at his Waipahu apartment.
Authorities said they believe Kang was a “lone actor,” and “not associated with others who present a threat to Hawaii.”

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You just can’t make this stuff up.  Yesterday it was revealed that several of fired FBI Director James Comey memos contained classified information:
(Via The Hill) More than half of the memos former FBI Director James Comey wrote as personal recollections of his conversations with President Trump about the Russia investigation have been determined to contain classified information, according to interviews with officials familiar with the documents.
This revelation raises the possibility that Comey broke his own agency’s rules and ignored the same security protocol that he publicly criticized Hillary Clinton over in the waning days of the 2016 presidential election. (link)
This latest report is contrary to James Comey’s prior assertion that he specifically wrote the memos about his contact and communication with President Trump to avoid containing classified information.
Today, the recipient of at least one of the leaked memos, Daniel Richman, claims the memo leaked to him by FBI Director Comey, with the specific intention to leak to the New York Times, did not contain markings designating the memo as “classified”:
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Senior counselor to President Trump Kellyanne Conway talks with CNN’s Chris Cuomo about expanding the Vast Russian Conspiracy.  Russia, Russia, Russia and the Russia investigation. It was a hot mess for 35 minutes.

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However, there’s a brilliant 2 minute video that encapsulates the entire 35 minutes. If you are short on time or blood pressure meds you might prefer to watch that one below.
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President Trump is the first political entity in our lifetime that not only comprehends the faces of the false arguments (the fallacies of false choice), but more importantly sees the administrative architects behind the Potemkin villages represented by those faces. When it comes to domestic economic policies, the architects are the BIG CLUB.
So, what is “The Big Club“?

..What “Deep State” is to intelligence, military intervention and foreign policy – The “BIG CLUB” is to matters of domestic economics…

Politicians do not write laws. Paul Ryan, Nancy Pelosi, Mitch McConnell and Chuck Schumer do not sit in their offices writing out scripts of laws and legislation; no politician does.  Politicians are faces who sell legislation that unseen hands create. The Big Club are the administrators creating the legislation.
As such, it makes no sense to argue about the salesmanship of Mitch McConnell, Chuck Schumer, Ted Cruz or Elizabeth Warren when none are originating the legislative constructs they are selling and branding in the media.
It simply makes much more sense to focus attention on the unseen hands that are never discussed, the administrative state.   These are the roots of the issues, the politicians are merely the expendable and interchangeable sales force.
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Turkey’s President Recep Erdogan admits the only reason for being in the Paris Climate Treaty was to get money from the U.S. and other more wealthy nations.  Now that the U.S. has pulled out of the treaty, there’s no reason to expect the financial benefits.
Proving yet again, for the eleventyth time, that the entire construct of the Paris Climate Treaty had nothing to do with the actual climate (ie. weather), and everything to do with economic wealth distribution.

(Reuters)  The U.S. decision to pull out of the Paris climate agreement means Turkey is less inclined to ratify the deal because the U.S. move jeopardizes compensation promised to developing countries, President Tayyip Erdogan said on Saturday.

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