Stunning Day of Economic Gaslighting – Despite All Positive Data, Corporate Media Cheering For Recession…

A “negative yield curve“;  a pending “economic recession“.  These are the obtuse and ridiculous proclamations of the Mainstream Corporate Media today.  So let’s take a moment to discuss how stunningly -intentionally- disconnected they are.
Always remember, there are trillions of dollars at stake; and these media entities have a vested interest in maintaining the Wall Street position, adverse to Main Street USA.
First the “negative yield curve” aspect; where long-term bond rates (returns on investment) are lower than short-term rates (returns).  As Reuters proclaims:

“A key bond market metric turned negative for the first time since 2007 on Wednesday, sending stocks tumbling”…

I must admit, I actually started laughing out loud when I first read that proclamation. Allow me to introduce a radical concept in economics: “supply and demand” !
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Comey Memo FOIA Update: CNN Files Motion Demanding Immediate Production – DOJ Says 60 Days…

Just a quick update in the ongoing court battle for the Comey Memos and Archey Declarations.  [Background Here]  CNN has filed a motion for immediate production (full pdf below)

Two days ago Judge James Boasberg ruled the DOJ and FBI must turn over the mostly unredacted Comey Memos and fully unredacted Archey Declarations to CNN and the media groups represented within the FOIA lawsuit.
However, in a response to CNN dated yesterday, August 13th, the DOJ stated they intend to utilize the full 60-day appellate window before producing the memos and declarations:

(Source – Exhibit inside motion)

It looks to me like the DOJ/FBI is implying they will produce the material in 60 days, and not sooner.  In response to that email today CNN has filed a motion requesting intervention by Judge Boasberg, and demanding immediate production:
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Six Police Officers Shot in Philadelphia – Standoff With Suspects Ongoing..

Troubling. Pray for the police.  ♦Over 100 gunshots were reported heard by witnesses as Philadelphia police responded to an initial drug related incident.  ♦According to authorities six police officers were shot; non life-threatening. ♦One suspect is in custody; ♦however, apparently another suspect is firing on officers who are pinned down inside a building as the shooter fires through walls and ceiling.

(Via Fox News) At least six Philadelphia police officers were wounded, at least one reportedly grazed in the head, in an ongoing shootout in the city’s Nicetown neighborhood on Wednesday afternoon that has been unfolding for almost two hours.
Three officers were rushed to Temple University Hospital, officials told Fox 29.

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Google Whistleblower Provides Documents Showing Systems and Processes Used to Create Biased Outcomes…

Anyone who has spent time on the internet already knows Google manipulates the internet based on their self-defined ideology.  However, a Google employee and whistleblower has come forward with the documentary evidence explaining how they do it.
Zachary Vorhies has now gone public with the information in order to help people better understand the scope and scale of Google’s manipulative intent.  [Link to Documents]


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Among those documents is a file called “news black list site for google now.” The document is a “black list,” which restricts certain websites from appearing on an Android Google product.  Not surprisingly CTH is listed on the black list.
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Trade and Manufacturing Advisor Peter Navarro Discusses "Next Step" Chinese Trade Tariffs…

White House trade and manufacturing policy advisor Peter Navarro appears on Fox News to discuss the status of the U.S-China trade negotiations and the reason for a USTR delay on some product tariffs.
Peter Navarro confirms what we noted from the office of USTR Robert Lighthizer yesterday.  On December 15th “the tariffs will go on.”   While the statement flies over the head of Stuart Varney, Navarro confirms the “next step” process that Lighthizer implied.


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More below
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U.S. Delays and Modifies "Next Step" Tariffs on Chinese Products…

Early on Tuesday United States Trade Representative Robert Lighthizer announced the modification of “next step” tariffs on Chinese products.  [See Here] “Products in this group include, for example, cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing.”

President Trump responded to the delay/modification when questioned in New Jersey.  President Trump noted a “very productive” phone call between Lighthizer and Vice-Premier Liu He of China:

[Transcript Segment] – […] Q Why did you make the decision on the tariffs, to delay the implementation of the tariffs?
THE PRESIDENT: Only to help, I think, a lot of different groups of people. And we had a very good talk yesterday with China — a very, very productive call. I think they want to do something. I think they’d like to do something dramatic. I was not sure whether or not they wanted to wait until a Democrat has a chance to get in. Hopefully that’s not going to happen because the economy would go to hell in a handbasket very fast.

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August 14th – 2019 Presidential Politics – Trump Administration Day #937

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.

trump-president-3

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

Wednesday August 14th – Open 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 †

Rudy Giuliani Gives His Perspective of "Fishy" Custodial Death of Jeffrey Epstein…

Former New York Mayor Rudy Giuliani combines his first-hand-knowledge of the Metropolitian Correctional Center (MCC), along with his perspective of what processes and systems are in place, to give his perspective about the suspicious custodial death of Jeffrey Epstein.

“There is no excuse for this”…


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Brilliant – President Trump and PM Johnson Structuring Trade Deal to Commence November 1st…

Those who could not see this coming are those who just don’t pay attention to how President Trump operates the geopolitical influence of economics.  This is Trumpian.
U.S. President Donald Trump and British Prime Minister Boris Johnson are walking their respective trade teams through a process to deliver a U.S-U.K trade deal on the day after a no-deal Brexit is scheduled to happen October 31st.  An interim trade agreement that goes into effect November 1st 2019 is pure Donald Trump win/win deal-making.

President Trump supports the nationalistic position, purposes and intents of Brexit. PM Johnson has promised to deliver Brexit by the mandatory date of October 31st.  One of the benefits, and also concerns amid the political left in the U.K, surrounds the economic impacts.  President Trump and PM Johnson would counter all those concerns with the announcement of an agreement for an interim bilateral trade deal ahead of Brexit.
This strategic approach, a deal that delivers both the Brexit result and the economic stability to offset any Brexit downside concerns, was the original idea that President Trump proposed to Theresa May two years ago.

LONDON (Reuters) – Britain and the United States are discussing a partial trade accord that could take effect on Nov. 1, the day after Britain is due to leave the European Union, a senior Trump administration official said on Tuesday.

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