LOL, an interesting albeit typically lighthearted discussion with CEA Chairman Kevin Hassett on the budget proposal and status of U.S.T.R trade talks with China.
Calling attention to the brutally obvious is a key element to President Trump’s use of Twitter. In this example President Trump (the business executive) highlights how GM is shutting an Ohio auto-plant at the same time multiple auto manufacturers are expanding operations in the U.S.
President Trump is 100% correct. In just the past few months, specifically as an outcome of the USMCA, six auto companies have decided to massively expand U.S. operations and spend over $20 billion on auto-manufacturing investments in the U.S.
It makes no sense for an existing auto plant to sit idle. Come to terms with the UAW; make a good deal that helps membership and incentivizes ownership; sell the facility to a new group expanding U.S. investment; retool, and get people back to work. Consider:
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Wisconsin Senator Ron Johnson (U-DC) was one of the Tea Party backed senators who came in during the 2010 election and later aligned with the UniParty Decepticon caucus funded by the Chamber of Commerce and Tom Donohue.
Senator Johnson wants to reform the National Emergencies Act to remove executive branch power and avoid the pesky problem when a President subverts the will of Wall Street and those who actually write legislation, The U.S. CoC and Business Roundtable.
On matters where the Multinationals, “world economy”, can benefit from MAGA policy, Johnson is a supporter of the President. On matters where the Multinationals do not benefit from MAGA policy, Johnson is not a supporter of the President.
While the MSM financial/wage reporting is two days apart from the BLS “JOLTS” release on job openings, the relationship is direct and connected.
CNBC is noticing the upward wage pressure is focused heavily on the middle-class workers and lower end of the labor market; another KPI (Key Performance Indicator) the economy is stronger than most financial pundits are admitting:
CNBC – The recent jump in paychecks has come with an unusual characteristic, as workers at the lower end of the pay scale are getting the greater benefit.
Average hourly earnings rose 3.4 percent in February from the same period a year ago, according to a Bureau of Labor Statistics report last week. That’s the biggest gain since April 2009 and seventh month in a row that compensation has been 3 percent or better.
China has no cultural or political space between peace and war; they are a historic nation based on two points of polarity. They see peace and war as coexisting with each other.
China accepts and believes opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and they may give rise to each other as they interrelate to one another. Flowing between these polar states is a natural dynamic to be used -with serious contemplation- in advancing objectives as needed.
Peace or war. Yin and Yang. Panda or Dragon. Culturally there is no middle position in dealings with communist China; they are not capable of understanding or valuing the western philosophy of mutual benefit where concession of terms gains a larger outcome. If it does not benefit China, it is not done. The outlook is simply, a polarity of peace or war. In politics or economics the same perspective is true. It is a zero-sum outlook.
Acting Secretary of Defense Patrick Shanahan and Chairman of the Joint Chiefs of Staff General Joseph Dunford confirm to the Senate Armed Services Committee that Google’s work in China is directly benefiting the government and Chinese military.
When Senator Chuck Schumer said the “intelligence community has six ways to Sunday to get back at you“, few realized he meant the IC were treasonous spies and the “you” was our country. An official within the DIA from 2014 to 2018 was selling U.S. intelligence secrets to China and he plead guilty today (full pdf below).
(Justice Department) Ron Rockwell Hansen, 58, a resident of Syracuse, Utah, and a former Defense Intelligence Agency (DIA) officer, pleaded guilty today in the District of Utah in connection with his attempted transmission of national defense information to the People’s Republic of China. Sentencing is set for Sept. 24, 2019.
Assistant Attorney General for National Security John C. Demers, U.S. Attorney John Huber for the District of Utah and Special Agent in Charge Paul Haertel of the FBI’s Salt Lake City Field Office announced the charges.
Hansen retired from the U.S. Army as a Warrant Officer with a background in signals intelligence and human intelligence. He speaks fluent Mandarin-Chinese and Russian. DIA hired Hansen as a civilian intelligence case officer in 2006. Hansen held a Top Secret clearance for many years, and signed several non-disclosure agreements during his tenure at DIA and as a government contractor.
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The Toyota announcement is a total of $13 billion investment and includes expanded component part production in: Alabama ($288 million), Kentucky ($238 million), Missouri ($62 million), Tennessee ($50 million) and West Virginia ($111 million). Additionally, Toyota will open a new assembly plant in Huntsville, Alabama ($1.5 billion) and serious investments in several other areas. [Details Here]
The guiding decision here relates specifically to the construct of the USMCA (NAFTA replacement). Toyota was previously focused on multi-billion-dollar investments in Canada as they exploited the NAFTA loophole and procured component parts from Asia for North American assembly and shipment into the U.S. Market. However, when they renegotiated NAFTA and created the USMCA President Trump and USTR Lighthizer closed closed the loophole.
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Delivering a targeted message from U.S. Chamber of Commerce President Tom Dohonue, Senate Majority Leader Mitch McConnell unleashed twelve members of his Decepticon caucus to rebuke the border security efforts of President Donald Trump.
Doing what he does best, Leader McConnell held back (protected): John Thune, John Cornyn, John Barasso, Mike Crapo, Ben Sasse, Thom Tillis & Cory Gardner. However, the remaining dozen (see below) were permitted to vote against the President for Joint Resolution (H.J. Res. 46 ):
The support for the U.S. Chamber’s open-border initiative is McConnell’s strongest showing yet that he controls almost enough votes to support impeachment; if the President continues to advance policy initiatives not supported by The Chamber and Business Roundtable.
Despite McConnell’s effort/threat President Trump has vowed to veto the resolution.
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The Epoch Times, via Jeff Carlson, has apparently gained access to the transcript of testimony from Nellie Ohr. Most of the back-story of Nellie Ohr working for the CIA as an Open Source Works contractor was previously discovered by CTH during earlier research; and again the transcript is not provided by Epoch.
However, while the transcript is not provided, there is a very intriguing implication within their description/interpretation of the testimony (emphasis mine):
[…] Beginning in September 2015, Ohr began working for Fusion GPS. Ohr told investigators that she “read an article in the paper that mentioned Glenn Simpson. And I remembered because he had been a Wall Street Journal reporter working on things like Russian crime and corruption, so I recognized the name. I was underemployed at that time and I was looking for opportunities.”
When later questioned as to her previous knowledge of Simpson, Ohr stated, “I had been at a conference that he was at. I don’t recall directly talking with him at that conference, and I don’t know whether he knew who, you know, who I was other than the fact that I attended that conference.”
Ohr acknowledged to congressional investigators that Simpson was acquainted with her husband, Bruce Ohr. (read more)
The implication here is that Nellie Ohr approached Fusion-GPS owner Glenn Simpson for a job; essentially to work on political opposition research files Fusion-GPS was assembling in 2015. This is distinctly different from Glenn Simpson seeking out Nellie Ohr, and opens the entire background to larger ramifications.
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National Security Adviser John Bolton appears with Maria Bartiromo to discuss recent reports that Kim Jong-un is moving toward more nuclear testing.
Obviously that discussion moves quickly into the influence of China and Chairman Xi Jinping.
The frustrating question no-one ever seems to ask is not “if” China controls the DPRK government, but rather “to what extent”?
It has become more obvious in the past few years that North Korea’s Chairman Kim Jong-un has much less control over officials and military leadership within his own government than previously thought.
Does Chairman Xi and Beijing structurally control everything around Kim? Is Kim a hostage; forced to ride a dragon he doesn’t control? I think the answer is yes.