UniParty – Oh, About That “New” Healthcare Plan Push…

There are many people rightly concerned about legislative issues seemingly stuck in the mud.   However, what many of those same people seem to forget is the basic reality of President Trump’s America-First agenda being opposed by professional republicans even more than it is opposed by professional Democrats.  DC is a UniParty.

Republican and Democrat political leadership, the UniParty writ large, have been paid to protect the legislative priorities of the multi-billion lobbying group known as K-Street.

The fallacy of false choice lies behind the concept of controlled opposition.

Prior to Donald Trump there was only one political party in DC, the Uniparty. President Trump represents the alternative; the second party.

For almost five years we have been pointing out the construct.  The UniParty have three unwavering primary objectives as purchased by the lobbying groups: 1) Retention of Obamacare; 2) Budgetary spending to retain growth of government; and 3) comprehensive immigration reform to include amnesty.

These three primary legislative issues are not up for debate, modification or discussion.  The legislative outcomes have been purchased, multi-million-dollar investments made, and the interests behind the legislative constructs will not allow any elimination or concession.

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Day #3 – “The Closer” Vice President Mike Pence Visits Japan…

Noting President Trump’s Asian Strategy. [High Profile, but Under-reported] •A firm open hand •leveraging new policy •structured around personal trust •building modern alliances:

♦February 10th – President Trump hosted Japanese Prime Minister Abe at the White House and at Mar-a-Lago, w/both spouses, to discuss regional issues (including N-Korea).

February 27th – President Trump and Chinese State Councilor Yang Jiechi meet in the White House Oval Office to discuss regional issues (including N-Korea).

March 15th – Secretary of State Rex Tillerson visits Japan, South Korea and China to follow up on February’s conversations and discuss the forward path (including N-Korea).

April 6th and 7th – President Trump hosts Chinese President Xi Jinping in Mar-a-Lago where they discussed all of the critical bilateral and regional issues (including N-Korea).

April 15th – Vice President Pence arrives in Asia for a ten day visit; positioned as the steady, stable and reliable administration policy closer (including N-Korea).

The White House (Trump) approach and results so far have been stunningly effective.

There have been more consequential Asia-Pacific/U.S. results (trade, economics and security) in the past two months than in the prior ten years. The stunningly successful and deliberate strategy continues today with Vice President Mike Pence in Japan.

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President Trump Realigning Geo-Political Alliances, and Few Paying Attention…

Perhaps it’s because the complexity is difficult to distill; maybe it’s because some just can’t give President Trump any credit; or perhaps it’s because the scope is too challenging to comprehend against the constant belittlement meme du jour.  Regardless of reason, President Trump is fundamentally realigning international geo-political alliances and almost no-one is connecting the dots.

President Trump obviously held a long-ball strategy with the Chinese; he’s described the approach in his books and lived the approach in his business life:

At the outset, position yourself at the furthest oppositional point when it costs you nothing; then leverage inward toward your opponent as they expend their resources to meet your stance.

Almost no-one is noting the scope of what President Trump has accomplished simply by positioning himself at the furthest extreme from the best interests of China, and then working his leverage back toward dual-interests as the Chinese expend capital to meet the point of mutual benefit.

President Trump has expended nothing other than his sheer will, and yet he has leveraged gains that are jaw-droppingly consequential.

♦ What’s the goal of identifying China as a currency manipulator?  To stop China from manipulating currency, right?  Well, arm-chair opposition says President Trump has reversed his position simply by ‘not doing something’.   However, that opposition doesn’t seem to acknowledge the end-goal of the labeling has been achieved without expending an effort.   The doing is unnecessary when merely the threat of the doing changes the behavior of the doer.

In two days, April 6th and April 7th, President Trump met with Chinese President Xi Jinping.  What actions has President Trump taken, other than ‘not’ doing something, and what actions has President Xi Jinping taken? (more…)

Secretary Wilbur Ross Delivers A Message – The “UniParty” Congress is Put On Notice…

To say we consider Commerce Secretary Wilbur Ross a man with a unique skill-set for this defined moment in U.S. economic history would be an understatement of epic proportions. Ross is one of the most consequential and dynamic forces within the President Trump administration.

That said, Secretary Ross also knows the real economic adversary is not necessarily external to our border. The bought-and-paid-for UniParty congress has been under the influence of the globalist-minded U.S. Chamber of Commerce, and the myriad of K-Street lobbyists, for almost two decades.

Today, Wilbur “Wilburine” Ross fires a shot across the bow of the U.S. Economic Swamp Defenders:

Our message is simple – the games are over, and improper treatment of the United States will no longer be tolerated. We will approach future negotiations and actions with a clarity of purpose guiding us as we work to establish both free and fair trade.

Unfortunately, NAFTA negotiations cannot begin until Congress accepts our 90-day notification letter in compliance with the Trade Promotion Act. But, under President Trump’s leadership, I have no doubt that we will be successful in rebalancing American trade in favor of American workers and businesses.

There are, as you know, trillions of dollars at stake. The American electorate have no reference points for the battles that lie ahead within budgets and trade principals.  The Trump administration will necessarily direct attention to the real source of political power and influence, the DC financial system. (more…)

Modern Economics: Trumponomics, Politics and The Import Export Bank…

President Trump has expressed support for the continuation of the Import/Export bank. This has seemingly shocked a few people from conservative circles because the modern conservative doctrine has been to oppose the I/E bank.

However, Trump’s position hopefully does not come as a surprise to CTH readers because we identified a year ago how President Trump’s economic policies would seek to refocus the original intent of the Import Export Bank.

The key aspect is to return the IE to its “original intent“; not the bastardized Wall Street construct that exists today as a result of corrupt DC economic policies driven by the Wall Street’s legislative priorities purchased by multinational banks and corporations.

For more than three decades Wall Street has corrupted the economic policies emanating from DC.  The corrupted economic policy created the two economies previously discussed and the disconnected the engine of Main Street from Wall Street.  Yes, we originally shared this discussion in April of 2016, a year ago:

In 2009 the popular conservative opinion was to declare the Supreme Court’s Citizens United decision a win for “our side“. Of course, the decision ultimately opened the floodgates for unlimited corporate spending in elections via the new Super-PAC approach.

In 2016 90% of all American’s polled believe there is too much special interest money in politics, and both political parties no longer need the financial support of the electorate. Corporate lobbyists were always problematic, but now in a post CU world they control almost every aspect of electoral politics – including who wins elections. Citizens United wasn’t a win, its consequence was a major fail.

Within that reality you find one of the synergies between candidate Donald Trump and former candidate Bernie Sanders. The popular insurgencies supporting each candidate rail against the corrupting corporate financial influence. Party leadership? Meh, not-so-much.

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Economic Diplomacy Continues – President Trump Softens Tone Toward China Currency Manipulation…

President Trump gave an interview to the Wall Street Journal where he changed a prior position on declaring China a “currency manipulator”:

(Via ABC) According to the Wall Street Journal, the president said the decision came in consideration of talks with China over its role in countering North Korean weapons testing. Trump said that any move to attach the designation could hamper China-U.S. relations. He claimed that, in recent months, China’s currency manipulation has halted. (link)

Is this a change in position? Yes.

It is an arbitrary change, or even an unexpected shift? Hell no.

As we have pointed out since the February 2016 GOP debate, the Trump approach toward North Korean hostilities is to leverage China to get control over N-Korea. –Expanded Backstory

President Trump is realigning U.S. geopolitical relationships based on America-First interests.   President Trump is using economic leverage to provide security and global stability. President Trump knows how to stroke the panda fur.

Last night President Trump and Chinese President Xi Jinping held another consultation call.  (more…)

President Trump Leads Cabinet and CEO Forum Discussion on Economic Growth…

Earlier today President Trump lead a discussion forum at the State Department library with cabinet members and corporate CEO’s to discuss ongoing economic policy and hear about the challenges.

One of the main challenges communicated by the business group was… wait for it.., yep, ObamaCare.  This concern is directly connected to any tax reform plans, and cuts to the heart of President Trump’s earlier economic strategy.

ObamaCare is, at the core, a massive tax program; and it becomes more difficult to navigate tax reform, with the anchor of ObamaCare dragging down opportunity for economic growth and the revenue growth that accompanies expansion.

[Transcript] 10:55 A.M. EDT – THE PRESIDENT:  Thank you all for being here.  Very much appreciate it.  I want to thank Steve Schwarzman for putting together this very incredible group of world-class business leaders.  That’s what you are.

Also, joining us are Secretary Betsy DeVos, Secretary Wilbur Ross, Secretary Elaine Chao, EPA Administrator Scott Pruitt, and my budget director, Mick Mulvaney.  That’s an easy job.  Where’s Mick?  (Laughter.)  Such an easy job.  It’s the easiest job of anybody in the government — right, Mick?

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Economic Diplomacy – China Refuses a Dozen Cargo Ships of North Korean Coal…

During the February 2016 GOP primary debate candidate Trump told the world what he would do in response to continued North Korean missile aggression –SEE HERE–  In January of 2017 President Trump repeated the message –SEE HERE

On April 6th and 7th, last week, President Trump and Chinese President Xi Jinping held a two day summit discussing trade and North Korea.   The United States and China are the two largest economies in the world.  Now see this:

A fleet of North Korean cargo ships is heading home to the port of Nampo, the majority of it fully laden, after China ordered its trading companies to return coal from the isolated country, shipping data shows.

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Tillerson, Mnuchin and Ross Debrief on China Summit…

As President Donald Trump and President Xi Jinping wrapped up the summit in Mar-a-lago, overshadowed in media reports by U.S. missile strikes in Syria, President Xi joined with President Trump and focused on stressing the positive mood of the meetings between the world’s two biggest economies.

Team U.S.A insisted both President Trump and their delegation had made good on the pledge to raise concerns about China’s trade practices and said there was some headway. Team China and President Xi agreed to a 100-day plan for trade talks aimed at boosting U.S. exports and reducing China’s trade surplus with the United States.

Secretaries Tillerson (State), Mnuchin (Treasury) and Ross (Commerce) held a debriefing session with the media at the end of the summit.  What a stunning difference in the approach and level of direct and concise communication.  (Oh, and side note – Wilburne continues to crack me up, even in the reading of his responses.)  Here’s the transcript:

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President Trump and President Xi Hold Talks in Mar-a-lago…

Today President Trump and President Xi JinPing of China conducted bi-lateral meetings to discuss ongoing concerns surrounding trade, finance, military engagement, and the need for China to assist in leverage over North Korea’s hostilities.

[Transcript] 11:22 A.M. EDT – PRESIDENT TRUMP:  I just want to say that President Xi and all of his representatives have been really interesting to be with.  I think we have made tremendous progress in our relationship with China.  My representatives have been meeting one-on-one with their counterparts from China.  And I think, truly, progress has been made.  We’ll be making a lot of additional progress.

The relationship developed by President Xi and myself I think is outstanding.  We look forward to being together many times in the future.  And I believe lots of very potentially bad problems will be going away.

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