30 Minutes before President Trump began to outline his compromise proposal (4:00pm, from the White House), Speaker Nancy Pelosi auto-published the response position of Democrats, NO DEAL:
(From The Speaker) “Democrats were hopeful that the President was finally willing to re-open government and proceed with a much-needed discussion to protect the border.
“Unfortunately, initial reports make clear that his proposal is a compilation of several previously rejected initiatives, each of which is unacceptable and in total, do not represent a good faith effort to restore certainty to people’s lives. It is unlikely that any one of these provisions alone would pass the House, and taken together, they are a non-starter. For one thing, this proposal does not include the permanent solution for the Dreamers and TPS recipients that our country needs and supports. (read more)
President Trump outlined a common-sense bipartisan solution to reopen government. Nancy Pelosi took a zero-sum position and rejected the proposal. Without pressure from ‘moderate’ democrats (if any exist), the impasse continues.
Speaker Nancy Pelosi, House Leader Steny Hoyer and Senate Minority Leader Chuck Schumer are on pre-scheduled vacation until January 25th.
President Donald Trump will be making a widely anticipated announcement on the government shutdown and border crisis from the White House today. The speech will likely outline a proposal to end the partial government shutdown.
The president is anticipated to outline a proposal for $5.7 billion for physical border security in exchange for “The Bridge Act” which would extend protections for Deferred Action for Childhood Arrivals (DACA), and legislation to extend the legal status of Temporary Protected Status (TPS) holders. Anticipated start time 4:00pm EST.
UPDATE: Video Added
Earlier today President Donald Trump and Secretary of State Mike Pompeo traveled to Dover Air Force Base to participate in a solemn tribute to fallen Americans. President Trump saluted the casket carrying civilian contractor Scott A. Wirtz of St. Louis, Missouri, as his body was carried from a C-17 military aircraft into a waiting van.
Scott Wirtz and three other Americans were killed in a suicide bombing Wednesday in the northern Syrian town of Manbij. He was assigned to the Defense Intelligence Agency as an operations support specialist.
The bombing in Syria was the deadliest attack on U.S. troops since American forces moved into the country in 2015. President Trump also met with the families of three additional Americans who were killed in the attack including: Army Chief Warrant Officer 2 Jonathan R. Farmer, 37, of Boynton Beach, Florida, (based at Fort Campbell, Kentucky); Navy Chief Cryptologic Technician (Interpretive) Shannon M. Kent, 35, of Pine Plains, New York, (based at Fort Meade, Maryland); and an unknown civilian contractor. The transfer services for those heroes were held in private with the President observing.
Last week, late Wednesday night, President Trump reinforced his Syrian withdrawal decision during a meeting with about a half-dozen GOP senators at the White House.
Senator Rand Paul (KY) told reporters on a conference call the president remained “steadfast” in his decision not to stay in Syria, or Afghanistan, “forever.” The senator did not disclose the latest thinking on the withdrawal timeline. Senator Paul said President Trump told the group: “we’re not going to continue the way we’ve done it.”…
Earlier today President Donald Trump left the White House for an unannounced trip to Dover Air Force Base where he met with the families of four Americans killed in a suicide bombing in Syria last week.
President Trump described this trip to the Delaware base as the most difficult task of a commander in chief. “When I’m going to meet relatives of some of our great great heroes that have fallen, I think it might be the toughest thing I have to do as president,” he said. “We’ve been hitting ISIS very hard over the last three weeks, in particular over the last three weeks, and it’s moving along very well. But when I took over it was a total mess,” President Trump added. “You do have to ask yourself — we’re killing ISIS for Russia, for Iran, for Syria, for Iraq, for a lot of other places. At some point, we want to bring our people back home.”
Re-Posted Jan 20, 2019 by Martin Armstrong
QUESTION: Hi Martin,
My girlfriend brought up a point about your work during coffee this morning. Basically, she’s confused about the two dates you often mention, 2020 and 2032. She wants to know which date (2020, 2032) you expect the markets move into crises mode due to the lack of confidence in government. I tried to explain but my insight wasn’t good enough.
Could you explain in a future blog the difference between these dates and what you (Socrates) expect to happen during these points in time?
ANSWER: The 2032 date is the conclusion of this Private Wave. That is when the power of the West will begin to shift to China for the next cycle that begins thereafter. The 2020 date is when the confidence begins to noticeably begin to turn down for the AVERAGE person. You can “feel” it in the air already. What the Democrats have done is simply unbelievable. Sure the people who hate Trump cheer. But they fail to understand the system. Whatever they do to the Republicans sets the stage for what will be considered “normal” for the Republicans to do to the Democrats if power shifts.
I have explained that the Democratic victory in the House was really a disaster for this has allowed nothing but the next two years to be confrontation as we are witnessing on the funding of the wall which is only $5.7 billion. In Fiscal Year 2019, the federal budget will be $4.407 trillion. The U.S. government estimates it will receive $3.422 trillion in revenue. That creates a $985 billion deficit for October 1st, 2018 through September 30, 2019. Not only is this less than a single week’s interest payment of $6.7 billion, it is .001% of the annual budget. It is so meaningless it illustrates my point. The Democrats think all they have to do is demonize Trump and OPPOSE absolutely everything he proposes to win the White House in 2020.
We will be running the computer models on the 2020 election. But preliminary indications show that we will see a sharp rise in violence. Neither side will accept the results.
Armstrong Economics Blog/Civil Unrest
RE-Posted Jan 20, 2019 by Martin Armstrong
Gun sales in Germany have soared because of what they call the “Rapeugees.” Three years ago, more than 2,000 German girls were raped/sexually assaulted on New Year’s Eve in several German cities. Then a leaked document surfaced reporting that 2,000 men assaulted and raped 1,200 girls across Germany on New Year’s Eve in 2015/2016.
Initially, there was dead silence from officials and the press was not reporting the truth after joining the cover-up conspiracy. Only after reports hit the internet (we even had clients contacting us) did the truth begin to surface. The government then told the police to remove the word “rape” from official reports to allow politicians to deny what took place. The police were even told to remove the word “RAPE” from all reports on the Cologne attacks. Police Chief Wolfgang Albers, age 60, was fired after criticizing the police’s lack of involvement during the incident.
Merkel responded by introducing classes to teach them not to touch women. Well, when a politician refuses to admit a mistake, what do you do? You go all the way. Believe it or not, Germany is creating flirting courses to help refugee men get lucky. Yes, taxpayer money is now being used to get the refugees lucky with German girls. So if you thought you have seen it all, well, the insanity never ends. There is always room for more when politicians are involved.
That simply did not go over well. Most German girls did not wish to get involved with refugees who have no real respect for women or women rights. So it should come as no surprise that there has been a surge in gun sales, and girls in their 20s have been one of the major buyers of guns.