Ahead of a working lunch with Secretary of State Rex Tillerson and Defense Secretary James Mattis, President Trump holds a consultation meeting with former Secretary of State Henry Kissinger. Mr. Kissinger has been an arms-length foreign policy adviser since the campaign.
Undoubtedly the requested Kissinger insight would be regarding China, and more specifically regarding Beijing, and the old communist guard’s outlook toward the ongoing communist congress currently taking place in the deepest bamboo forest.
President Trump took the media opportunity to discuss a myriad of ongoing issues including the collapsing ObamaCare issues and the ongoing tax proposals.

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The meeting with Kissinger follows a familiar pattern for those who have watched the nuance of President Trump and how he advances his own ideological philosophy by listening to historic advocates with insight into what Trump considers “prior failed policy”.
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Office of Management and Budget Director Mick Mulvaney appears on Sunday Morning Futures with Maria Bartiromo to discuss the ongoing tax reform proposal and the status within congress:

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During a White House event earlier today President Donald Trump signed a Presidential proclamation designating October 6th as “National Manufacturing Day”.
One of President Trump’s top economic priorities, enmeshed in the America-First economic agenda, is to bring back U.S. manufacturing excellence as a priority to the foundation of a balanced American economy.

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REMARKS BY PRESIDENT TRUMP – AT SIGNING OF NATIONAL MANUFACTURING DAY PROCLAMATION – Oval Office – 2:05 P.M. EDT
THE PRESIDENT: Thank you very much. It’s an honor to be here with the great men and women of American manufacturing. In a few moments, I will sign a presidential proclamation declaring today National Manufacturing Day.
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CTH has called out the anti-American economic positions of the U.S. Chamber of Commerce for many years.  The U.S. CoC is the largest DC lobbying group for multinational corporations and multinational financial interests.  The CoC is at the very epicenter of the financial constructs that support the Washington DC UniParty.
When President Trump won the election in 2016 it was a thundershock to decades of work by the U.S. CoC to undermine economic nationalism in favor of global corporate interests. Within all of the economic, trade and policy discussion which subsequently flowed from the White House the CoC did not have a seat at the table.  Trump’s economic policy is adverse to the interests of The Big Club.
Today the CoC is taking a direct and adversarial position to oppose the White House and the intended framework (Trump, Ross, Lighthizer) for a renegotiated NAFTA deal.  The U.S. CoC is aligning with Canada and Mexico against the interests of the United States.
While predicted, it is a little surreal to see the U.S. CoC drop their mask so openly:

WASHINGTON DC – The Chamber of Commerce warned Friday that the Trump administration appears to be on the path to pulling out of the North American Free Trade Agreement, on the eve of the fourth round of talks to renegotiate that deal.

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President Trump tweeted this morning while Secretary Rex Tillerson is in China meeting with Xi Jinping about what to do with North Korea. ….or put another way: Tillerson chats about Rocket-boy consequences with big Panda while the sound of a lion roaring is heard over the background of the bamboo forest.
If you’ve been following along, Trump/Tillerson creating the need for ‘Magnanimous Panda’ is actually quite fun to watch unfold.

President Trump will never use the U.S. military to solve this regional issue.  The national security strategy is based entirely on economics (leverage) and diplomacy (ownership).  President Trump’s words and rhetoric against Kim Jong-un, and the response from Jong-un in kind toward President Trump, creates the foundation of a need for magnanimous panda to step in.
Remember, Beijing doesn’t want to take ownership of DPRK.  China prefers to retain influence over behavior, they are the enablers, but not be directly responsible for the enforcement of any agreement which comes with attached consequences (economic punishment) for DPRK violations.
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Ahead of an upcoming trip by President Donald Trump, and against the backdrop of economic sanctions by Trump/Mnuchin and the U.N. toward North Korea, Secretary of State Rex Tillerson works on the “Magnanimous Panda” strategy within the Trump Doctrine.
The ‘Big Picture’ goal is for China to accept responsibility, publicly, for spearheading the denuclearizing program within an established “six party talk” framework.  China ultimately becoming the guarantor of a denuclearized DPRK, and President Trump stroking the Panda Fur (praise) while simultaneously controlling the amount of bamboo in the Beijing forest.  So far, things are proceeding swimmingly.

BEIJING (Reuters) – Chinese President Xi Jinping offered warm words for U.S. President Donald Trump on Saturday, calling him a friend and saying he expected Trump’s visit to China in November would be “wonderful”.

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President Donald Trump discusses the short-term (relief) and long-term (recovery) efforts for Puerto Rico.    As everyone is aware, even before the storm the island territory was under financial collapse as a result of Democrat mismanagement and generational political agendas’ creating a culture of dependency.
Hurricane Maria has exacerbated Puerto Rico’s problems and is showcasing a governmental structure incapable of governing during crisis.  The media hypes the suffering, yet omits the Island’s inept systems of governance and the culture of dependency.  The only way the U.S. federal government can assist effectively is by taking over almost every aspect of state and local government.
As President Trump points out in this impromptu press conference, congress has some decisions to make on the long-term future of Puerto Rico.  Throwing money at the problem is futile when the recipient systems are fraught with ineptitude and corruption.

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After several conversations with dozens of relief and recovery workers the message to CTH from boots-on-the-ground is the same: the culture of dependency is jaw-dropping. Watch the raw background footage from Western media on the island and see if you can spot any native Puerto Rican residents doing much, if anything, to help themselves.
FUBAR
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President Donald Trump delivers a speech outlining the latest tax reform plan to an audience at the National Association of Manufacturers in Washington, D.C.

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[Transcript – 11:41 A.M. EDT] THE PRESIDENT: Thank you very much. (Applause.) Thank you very much. Taking up a lot of television time, but that’s okay. (Laughter.) Thank you all very much. It’s great to be here with the National Association of Manufacturers. And I especially want to thank your president, Jay Timmons, and your chairman, David Farr, along with all of the members of Congress that are here today. And they’re working hard, I will tell you that.
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Before getting to the heart of the latest announcement it is important to note there is a great deal of rapid economic action taking shape in China ahead of Secretary Rex Tillerson’s arrival.   ¹China has stopped the import of recyclables.  ²Chinese manufacturing is slowing.  ³Comac (chinese aerospace) has successfully tested their latest airliner.
#1 is important because it reflects the opinion of the central economic planners in Beijing that #2 is more severe than currently publicized. #3 is important because Canada’s plan in the Boeing -vs- Bombardier trade dispute was to look toward China to purchase Canadian subsidized aerospace products. Purchases won’t happen because China is creating it’s own airline manufacturing industry with Comac (a Beijing subsidized industry). However, China is more than willing to give the illusion of trade in order to steal Bombardier technology.
Those are all subtle signals of economic activity within China.
However, today the bigger economic story is an outcome of President Trump and Treasury Mnuchin outlining specific sanctions against any entity that engages in economic activity with North Korea.
Beijing understands the consequences to the Trump/Mnuchin sanctions and finds themselves in a tight position where allowing DPRK business interests to operate within China violates the intended purpose to cut off North Korea from it’s economic enablers.

(Via Daily Mail) China has ordered North Korean companies in the country to shut down by January as it applies UN sanctions imposed following Pyongyang’s sixth nuclear test.
The commerce ministry in Beijing said today the companies, including joint ventures with Chinese firms, have 120 days to close from the date the United Nations resolution was adopted on September 12.

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OMB Director Mick Mulvaney appeared on Tucker Carlson show tonight to discuss the proposed tax reform plan.  One of the biggest hits to Blue Cities in Blue States would be the elimination of state income tax deductions.  Mulvaney discusses this aspect along with the multitude of downstream consequences within the proposal.

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The MAGAnomic agenda for 4%+ GDP growth consisted of three basic fundamental legislative needs from congress:

• 1.) The approval of the Trump budget reducing year-over-year spending.
• 2.) The repeal and replacement of ObamaCare.
• 3.) Tax reform to include lowered rates on “middle class” and ¹corporations.

All three principles for strong national economic growth are opposed by multinational corporations and multinational banking interests along with the DC UniParty.  The legislative results so far are clear evidence of this opposition.  There are trillions of dollars at stake.

¹The multinational corporations (tax/policy lobbyists) don’t care about lowered rates because they have gone through corporate financial inversion and established their company headquarters overseas.  The lowered corporate rates only benefit domestic U.S. companies.

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