President Trump has announced the raising of tariffs on China effective Sept 1st and October 1st, 2019.  This is one arrow in a quiver filled with economic consequences:

• The preexisting 25 percent tariff on $250 billion in Chinese goods will increase to 30 percent effective October 1st, 2019.
• The pre-planned 10 percent tariff on $300 billion worth of Chinese goods will increase to 15 percent, effective September 1st, 2019.

This targeted tariff approach is only a small sample of the economic action that is available to President Trump.  There are a host of tools and targeted economic weapons available to President Trump that are far more damaging to Beijing.
This announcement also sends a clear message to the members of the G7 as they prepare for their meetings in France.
(more…)

Within the dynamic of the U.S -vs- China trade confrontation, CTH has long noted the Wall Street (globalist) multinationals would always go bananas.  There are trillions at stake and President Trump is confronting three decades of financial influence from Wall Street’s multinational corporate lobbyists.
To the angst of Wall Street, POTUS Trump tweets the dynamic.
President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed.  President Trump has waited three decades for this moment.  Main Street U.S.A has waited for this moment.  This President and his team are entirely prepared for this battle…. Now we fight!

We are finally confronting the geopolitical Red Dragon, China!
President Trump has been brutally consistent for more than three decades on his intent and purpose with the Chinese.  President Trump is the first U.S. President to understand how the red dragon hides nefarious motives behind the panda mask.
Additionally, while carrying out the objectives of the confrontation, Secretary Mnuchin, Secretary Ross, Ambassador Lighthizer and adviser Peter Navarro are well aware of Beijing’s duplicitous panda mask; POTUS Trump will never let them forget about it.
(more…)

After railing against Fox News for hiring former Trump White House press secretary Sarah Huckabee Sanders, CNN announced a corporate decision to hire former FBI deputy director Andrew McCabe as a contributor.  McCabe becomes the tenth FBI and/or CIA official hired by CNN.
McCabe was fired from the FBI for lying to investigators. [IG report on McCabe]

McCabe was also identified as the primary architect of the corrupt DOJ/FBI effort to impeach/remove President Trump.  No doubt CNN and McCabe will use this platform as a way to defend the corrupt Obama DOJ and FBI officials from any damaging releases within the pending Inspector General report on FISA abuse.
(more…)

Well, they cannot later claim they were not warned.  In a series of stunning tweets today, President Trump directly tells U.S. companies manufacturing goods in China, they need to make rapid plans for exit.

Earlier today China’s commerce ministry said it will impose additional tariffs on thousands of U.S. products, including agricultural products, crude oil, small aircraft and cars. Tariffs on some products would take effect on Sept. 1 and others on Dec. 15.
The Wall Street multinationals are exposed to significant losses because of their investments in China.  White House trade and manufacturing policy advisor Peter Navarro appeared on Fox Business with Maria Bartiromo to discuss the dynamic.

(more…)

Former CEO Patrick Byrne has given four primary interviews where he outlines his knowledge of a 2015 and 2016 political espionage operation being run by the FBI.

Fox News, MacCallum – Fox Business #1 – Fox Business #2 – CNN, Cuomo

After a review of the interviews, and extracting specific points therein, here’s an overview.
The substance of Mr. Byrne claims does seem to align with what we already know about the DOJ and FBI activity during the 2016 election cycle, including the FBI operations.

First, Patrick Byrne claims he has spoken to the DOJ on April 5th, 2019, and again on April 30th, 2019.  Mr. Byrne states he told the DOJ all of the information he was aware of during those two interviews covering approximately seven hours of questioning.
The current public statements Mr. Byrne is making are not with the approval of the DOJ or any investigators therein.  His decision to go public with this information comes as a result of conversations with a life-long mentor and confidant, Warren Buffett.  Mr. Byrne states he has known Warren Buffett since Byrne was a teenager and Mr. Buffett was in his mid-forties.
According to his CNN interview Byrne talked to Buffett in June of 2019 about how he could be a witness in the DOJ investigation authorized by Attorney General Bill Barr and being conducted by U.S. Attorney John Durham.  After listening to the details, Buffett recommended Mr. Byrne go public with the story.
However, in order to go public Byrne would need to separate himself from his role as CEO of Overstock, the company Byrne founded.  Mr. Byrne resigned yesterday, August 22nd.
(more…)

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

President Trump Twitter @POTUS / Vice President Pence Twitter @VP

Stephanie Grisham Twitter @StephGrisham45

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL. For Thine is the kingdom and the power and the glory, forever and ever. Amen †

After appearing on Fox Business, former Overstock CEO Patrick Byrne appeared on Fox TV with Martha MacCallum.  In this interview Byrne explained his impetus for contacting the FBI in 2015, about Russian national Maria Butina, surrounded a low-level security clearance he held and a responsibility to report suspicious contacts.
Mr. Byrne then names Peter Strzok, Bill Priestap, Andrew McCabe and James Comey as the top of an operation where Byrne was instructed to guide Butina into the contact circle of republican presidential candidates in 2015, and then back away.
Curiously, if you get beyond the confusing mess of communication, what Byrne is describing does factually align with what is already known. However, Byrne is describing an aspect to the DOJ/FBI operation that has not been discussed very much.
Byrne is describing the DOJ-NSD and FBI using Russian national Maria Butina as an unwitting, walking, FISA surveillance virus.

.
In addition to Strzok, Priestap, McCabe and Comey, Patrick Byrne cites “Carlin” as one of the “suits” involved.  Carlin is likely a reference to John Carlin who was head of the DOJ-National Security Division until October 2016.
(more…)

Jumpin’ ju-ju beans this is interesting.  During a live broadcast on Fox Business the CEO of Overstock Inc, Patrick Byrne, explained the earlier announcement of why he was resigning as CEO from the company he created.
According to Patrick Byrne, due to an earlier relationship relating to Wall Street and assisting federal officials with an investigation therein, he was approached in/around 2015 to assist the FBI with another operation.  *UPDATE* Video added:

.
♦Byrne now says in 2015 and 2016 the FBI operation was part of a network of political surveillance being conducted by the FBI on presidential candidates.
♦Byrne names FBI Agent Peter Strzok as the person giving the instructions.
♦Byrne names: Hillary Clinton, Marco Rubio, Ted Cruz and Donald Trump as the four candidates under FBI surveillance, and/or inside an operation consisting of political espionage.
♦Byrne claims he was offered a $1 billion bribe to keep his mouth shut.
♦Byrne claims there are additional witnesses.
♦Byrne states he went to the DOJ in April 2019 (3rd – 10th), after Bill Barr was Attorney General, because he was informed that Barr was trustworthy and going to support.  Byrne told the DOJ everything that was happening.
(more…)