Commerce Secretary Wilbur Ross appears with Maria Bartiromo to discuss the security concerns around Chinese company Huawei and technology products designed to extract intelligence and data. [Details of Commerce Announcement Follow Video]
Secretary Ross explains the Commerce Department decision to add 46 new Huawei subsidiaries to the restricted entity list requiring U.S. companies to apply for temporary licenses for Huawei purchases. Due to the potential security ramifications the Commerce Dept. is giving U.S. companies 90-days (under Temporary General Licenses) to find alternate suppliers before all commercial engagement is halted.
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.
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 †
According to an interview granted by the lawyer for intelligence asset Joseph Mifsud to journalist John Solomon, professor Mifsud admitted to being a western intelligence asset who was part of a CIA intelligence “operation” against candidate Donald Trump in March 2016.
Yes, stop and read that introductory paragraph again….
Solomon notes that an audio-taped deposition exists from Joseph Mifsud prior to going into hiding after the 2016 Presidential election. From the description it sounds like Mifsud anticipated his assisted suicide and recorded a deposition as leverage against his unwanted demise. WATCH:
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What Solomon describes would align with the CIA purposefully leaking the details about Mifsud to the Washington Post on July 1st, 2019.
In the synergy between the U.S. intelligence apparatus and their media agents, the CIA, DOJ and State Department have specific outlets assigned to public relations. (more…)
Earlier today President Trump, Melania Trump and Barron Trump arrived in Morristown, NJ, airport en route back to Washington DC. Prior to boarding Air-Force-One the President delivered brief remarks and answered media questions for 36 minutes.
[Note: longer version of video provided to see young 13-year-old (very tall) Barron Trump as he arrives with Mom and Dad. (Full Video (begin 6:45) and Transcript below)]
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[Transcript] – THE PRESIDENT: So, we had a lot of meetings yesterday on Afghanistan, on the economy — which is doing very well. We have the strongest economy, by far, in the world. The tariffs have cost nothing, in my opinion, or certainly very little. We have import prices from, and through, July — all the way through July. And they’re down 1.8 percent so that the import prices have actually gone down.
China is eating the tariffs because of monetary manipulation. And also, they’re pouring a lot of money into their country because they don’t want to lose jobs. They’re losing, as you probably know, because you reported it, but they lost over 2 million jobs in a short period of time. And they want to make a deal; we’ll see what happens. But they definitely want to make a deal. (more…)
Among all media personalities Maria Bartiromo easily has the most comprehensive grasp of the 2016 operation against President Trump. During two interviews today Bartiromo outlines the evidence that leads directly to the person at the origination point, former CIA Director John Brennan.
First, here’s a mash-up of the two interviews (Senator Graham and John Solomon) where Bartiromo asks the same question. [hat tipMichael Sheridan for the video]
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Former CIA Director John Brennan lies at the heart of the intelligence community decision to weaponize against Donald Trump. In this outline I will provide supporting evidence for Bartiromo’s assertion, which I suspect has already led to a criminal referral to U.S. Attorney John Durham by HPSCI Ranking Member Devin Nunes. (more…)
Last Friday President Trump had dinner with Tim Cook, aka “Tim Apple.”
The dinner came on the heels of USTR Lighthizer announcing a postponement of “next step” 10 percent tariffs against Chinese manufactured products… Interestingly, the one of the product groups within the delay is personal computers…. Interestingly, Tim Apple was going to launch production assembly of the Macintosh personal computer in China.
Now, consider this:
CHINA – When ground was broken in March 2017 for a new US$9 billion factory owned by a subsidiary of Foxconn Group, the event was witnessed by then Guangdong party secretary Hu Chunhua and Terry Gou Tai-ming, the Taiwanese billionaire who created Foxconn, the world’s largest assembler of Apple’s iPhones and tablets.
White House Trade and Manufacturing Advisor Peter Navarro appears on CBS ‘Face the Nation’ and ABC ‘This Week’ to outline the strength of the U.S. economy, and the current U.S-China trade reset, including tariffs.
There are trillions at stake. Food for thought – contemplate how Sunday media bookings take place. The ‘subject‘ for Sunday interview discussions, and who they need for their narrative engineering sessions (ie. interview schedules), are made by MSM *corporate media early in each week. [*U.S. Media are owned by Wall Street multinational conglomerates]
Obviously, as noted in the WH scheduling requests, the corporate MSM was planning to follow up and exploit their 48 hour engineered narrative (Tue/Wed) surrounding a false recession. Unfortunately the excellent Commerce Dept. economic data released Thursday crushed their objectives… Thus, the corporate media were tripped up mid-plan.
White House Trade and Manufacturing Policy Advisor Peter Navarro appears on CNN to debate economic policy with Jake Tapper. As customary Tapper attempts to use the Multinational Big AG talking points to identify farmers as victims.
♦The yield on the benchmark 10-year Treasury note dropped to 1.623% Wednesday for less than one hour; momentarily below the 2-year bond rate of 1.634%. The cause was a rapid influx of foreign capital, mostly from the EU (due to negative interest rates), into the U.S. to secure a return. This is not comparable to the historic ‘bond rate inversion’.
♦The biggest fallacy pushed in this interview, YET AGAIN, surrounds price impacts on Chinese imports. Tapper takes the talking points of the Wall Street multinationals, and their paid think-tanks, to push an empirically false assertion of the U.S. consumer paying for tariffs on China. Here’s the easiest refutation of that nonsense:
The Steel (25%) and Aluminum (10%) tariffs have been in place for two years.
The 25% tariff on $250 billion Chinese goods have been in place over a full year.
If the tariffs on China were impacting consumers, inflation would be much higher. In fact the exact opposite is happening. Because the protectionist Chinese and EU currency manipulation hits *ALL* imports, including non-tariff products, we are actually importing deflation.
National Economic Council Chairman Larry Kudlow appears on NBC with Chuck Todd to debate the issues surrounding current trade and economic policy. While Todd is obviously annoying, Kudlow makes two important points:
The Q3 CapEx (capital expenditure) spending reflects a domestic energy sector investment pause related to the dropped cost of oil. A fluctuation related to extraction costs and projected finished product price. [Energy companies pause on low price.]
The Sept. “Next Step” tariff delay relates to pre-contracted prices of holiday goods with the import price attached to lower dollar value at the time of contract. The delay allows the arrival of product without price impact. If products were determined with current valuations the current arrival price would have been lower (offsetting tariffs).