Daniel Hannan: Globalists Within U.K. Parliament Have Never Accepted Brexit…

EU Parliament member Daniel Hannan discusses the background of Prime Minister May’s inept approach toward exiting the EU; her future, and the future of the Brexit process, and President Trump calling out NATO allies.


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Methinks this NATO summit will be very interesting…
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EU President Donald Tusk Threatens U.S. President Trump: "appreciate your allies, after all you don't have that many"…

Stunningly confrontational remarks today from EU President Donald Tusk as U.S. President Trump and First Lady Melania arrive in Brussels for a NATO summit.
After destroying nationalistic Brexit plans for the U.K. to exit the European Union, the insufferable arrogance of the EU surfaces with pontificating snark.
The EU might feel emboldened right now, but this approach will not end well; believe me.

Brussels – Speaking on the eve of the NATO summit here in Brussels, I would like to address President Trump directly, who for a long time now has been criticising Europe almost daily for, in his view, insufficient contributions to the common defence capabilities, and for living off the US.
Dear President Trump: America does not have, and will not have a better ally than Europe. Today Europeans spend on defence many times more than Russia, and as much as China. And I think you can have no doubt, Mr President, that this is an investment in common American and European defence and security. Which can’t be said with confidence about Russian or Chinese spending.
I would therefore have two remarks here. First of all, dear America, appreciate your allies, after all you don’t have that many. And, dear Europe, spend more on your defence, because everyone respects an ally that is well-prepared and equipped.

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*Update* President Trump Announces His Supreme Court Nominee – Brett Kavanaugh

You gotta give President Trump credit for controlling the media cycle.  Tonight at 9:00pm President Donald Trump will announce his Supreme Court pick in a prime-time address.
It has been reported that four candidates remain in the running: Amy Coney Barrett, Thomas Hardiman, Brett Kavanaugh, and Raymond Kethledge.


UPDATE: President Trump nominates Brett Kavanaugh !!
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German Auto Companies Sign Manufacturing Deal With China…

It is more than likely President Trump and Commerce Secretary Wilbur Ross knew this was in the making several months ago.  In hindsight it now appears Germany presented a false proposal to U.S. Ambassador Richard Grenell intentionally to poke him in the eye.
Germany has sealed the fate of their auto-industry with a multi-company agreement to manufacture vehicles in China and share all their intellectual processes therein.

FRANKFURT (Reuters) – German companies signed a series of agreements with Chinese partners at a meeting of Chancellor Angela Merkel and Prime Minister Li Keqiang in Berlin on Monday, according to a document seen by Reuters. Following are details of them:
♦BASF signed a Memorandum of Understanding (MoU) with China’s Guangdong Province to look at building a highly-integrated chemical production site there, BASF said.

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Secretary Pompeo, Foreign Minister Taro Kono and Foreign Minister Kang Kyung-wha Hold Joint Press Conference…

Secretary of State Mike Pompeo, Japanese Foreign Minister Taro Kono, and South Korean Foreign Minister Kang Kyung-wha hold a joint press conference following a trilateral debriefing of ongoing negotiations with the U.S. and North Korea.


[Transcript] FOREIGN MINISTER KONO: Thank you. It is my glad pleasure to welcome Secretary Mike Pompeo and Minister Kang Kyung-wha to Tokyo for this trilateral foreign ministers’ meeting. The last time we gathered in Seoul was less than a month ago, immediately after U.S.-North Korea summit in Singapore. The timing and the frequency of the meeting have enabled smooth and effective trilateral coordination; its outcome could then be fed into the process between the U.S. and North Korea.
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Nigel Farage Discusses Upcoming Visit to U.K. by President Trump…

British officials are desperate to keep Nigel Farage and President Trump separate during the state visit next Thursday and Friday.  [::snicker::… you know what that means… nudge, nudge… wink, wink… say-no-more, say no more]  Mr. Nigel Farage discusses the current U.K. climate that awaits President Trump.


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Sunday Talks: Senator Lindsey Graham Discusses North Korea, NATO and SCOTUS…

With McCain dying, and Corker and Flake retiring, the Decepticon side of the deep swamp is being purged.  President Trump’s direct America-First policies and pragmatic common sense has severed one head from Cerberus, the three headed hound protecting Hades, DC.
In the geopolitical realm President Trump is using the U.S. atomic sledgehammer to reset decades of insufferable economic policy constructed specifically to the financial benefit of ideological ‘allies’; who have elevated their financial standing on the backs of U.S. deficits.
With Decepticons weakened, and many in DC realizing President Trump isn’t going to stop swinging the battle axe until the last one is crushed, politicians like Lindsey Graham have begun talking more truthfully about issues.  Watch in this interview as Graham is questioned about North Korea, and he immediately -and somewhat surprisingly- accurately identifies the core issue…. it ain’t North Korea.


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White House Trade and Manufacturing Director Peter Navarro Discusses Ongoing U.S. China Trade Reset…

White House Office of Trade and Manufacturing Policy Director Peter Navarro appeared on Fox Business last night to outline the U.S. position in the ongoing trade reset against communist China.  Almost all of the financial media and economic punditry are intentionally obfuscating the underlying nature of China’s economic model.
China is a communist central government controlled economic system.  Free-market principles do not apply when dealing with China; therefore trade strategies based on ‘free markets’ cannot succeed against the centralized planning of a communist regime.


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Red Dragon Counters Secretary Pompeo Visit To North Korea…

Secretary of State Mike Pompeo visited North Korea amid the backdrop of the U.S. -vs- China trade confrontation.  The geopolitical economic issues form the structural disconnect between the ongoing U.S. negotiations and the responses from China through their proxy province in North Korea.
Secretary Pompeo debriefs the media shortly before departing the DPRK; and expresses a generally positive disposition about the ongoing talks:


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However, unnamed officials, likely elements within the central North Korean government who are control agents for Beijing, send a more confrontational message at the conclusion of the meetings:

(AP) North Korea says high-level talks with a U.S. delegation led by Secretary of State Mike Pompeo were “regrettable” and has accused Washington of trying to unilaterally pressure the country into abandoning its nukes.

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June Jobs Report: 213,000 Jobs Added, Economy Expanding, Blue Collar Gains Most Substantive…

The Bureau of Labor Statistics presents the latest snapshot of jobs and employment.  According to the BLS data, behind the 213,000 jobs added, the most significant gains all center around growth in durable goods, manufacturing, transportation/distribution and the ancillary business services directly connected to the blue collar sector.
In addition, April was revised up from +159,000 to +175,000, and the change for May was revised up from +223,000 to +244,000. With these revisions, employment gains in April and May combined were 37,000 more than previously reported.

In the macro-review things are looking great; however, when you go into the micro-review you discover things are even better, they are MAGAnificent.
To understand what is happening we must all remember the Trump MAGAnomic policies are geared toward enhancing the creation of “goods”; the production of physical “stuff”; the manufacturing and durable good sector; or put another way: Main Street/Blue Collar work.   MAGAnomic policy is geared toward expanding the production base of the U.S. economy.  Therefore all majority benefit will be necessarily attached to those workers and industries that are part of the expanding production base.
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