President Trump introduces First Lady Melania Trump to Russian President Vladimir Putin. (Melania Trump is fluent in Russian). Following the brief introduction Finland’s President Sauli Niinistö and first lady Jenni Haukio join together for a brief photo session to document the historic meeting.
President Trump begins the day with a breakfast with the President of the host nation Finland.
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[Transcript] – Mntyniemi Residence – Helsinki, Finland – 9:54 A.M. EST
PRESIDENT NIINIST: Mr. President, ladies, gentlemen, it’s great to have you here.
PRESIDENT TRUMP: Thank you.
PRESIDENT NIINIST: — you are most welcome. We have done our utmost so that your visit and your negotiations here would be successful. And, like we see, even the sun is with us, although it begins to be far too warm, even here in the North.
But, once again, warm welcome. And we wish all the success in your meetings and negotiations with President Putin.
PRESIDENT TRUMP: Thank you very much. And we very much appreciate Finland. We very highly respect your country, our relationship has been a very good one, and our personal relationship has been very good.
And I enjoyed being with you a couple of days ago. NATO has, I think, never been stronger. And it was really — it was a little bit tough at the beginning, and it turned out to be love. It really was a great meeting that we had and brought everybody together, and, I think, very worthwhile.
But I appreciated your support and your help. And I will say, again, you’ve treated us beautifully. Thank you very much. Thank you.
Q Mr. President, what’s your message to President Putin today?
PRESIDENT TRUMP: I’m going to be seeing him in a little while.
Q But what are you going to say to him?
PRESIDENT TRUMP: We’ll do just fine. Thank you.
Q Mr. President, I’m from Finnish press. What was the (inaudible) choice to (inaudible) Finland as a meeting?
PRESIDENT TRUMP: Well, we think Finland is a great country. We had a fantastic meeting a few days ago; some of you were there. It was a very successful meeting. I think NATO has never been more together. People are now agreeing to pay, and we were having a lot of problem with a lot of people not paying, as the President will tell you. And they’re paying, and they’re paying more rapidly. And I think NATO has probably never been stronger than it is today.
So we had a fantastic meeting, and now we’re capping it with being in Finland. And the hospitality has been fantastic. Thank you.
Thank you very much everybody.
COMMENT: This character who pretended to be a journalist was only an op-ed contributor. It is amazing how so many journalists are using this against Trump. They truly are distorting this event and are fake news.
PP
REPLY: Yes it is really a sad day. I have written OP-ED pieces for the Wall Street Journal. That does NOT make me a journalist for the Wall Street Journal. You would think the press would be upset with someone getting access pretending to be a journalist. This will probably lead to more security that the press will have to submit to. Just totally stunning that so many in the media do not report the truth. Everything has to be slanted. So now we have fake news and fake journalists. That matches the fake politicians who pretend to actually care about the people more than their own pockets and perks.
Some have used the opportunity writing: “Putin … has cracked down on the media in Russia. A number of journalists who have written pieces critical of the Kremlin have been jailed, attacked or killed in the country.” They seem to just want to pretend they are the good guys and have a right to influence people to push their own political agenda. Using this incident with a guy pretending to be a journalist to support themselves is pathetic. Just report the facts without the political bias – that’s the job of a journalist. Ever since the FCC repealed the Fairness Doctrine, we have biased news on both sides which has become so bad it is indeed fake and that becomes propaganda. Trump should direct the FCC to restore the Fairness Doctrine and force the media to be unbiased and always present both sides.
COMMENT: Mr. Armstrong; there are just people who refuse to believe that global warming is wrong. When there are cold spells like that here in Australia, they argue there are equally a number of warm spots. They are leading us down the tubes. They will not yield and even consider that they are wrong and if so, what is the consequence of such a mistake.
PG
ANSWER: Yes, when something is against Global Warming that rebuts saying cold spots are not science. Some of these cold snaps have been very strange indeed. Yet when it is warm, suddenly it is science. It even got warm in Siberia. There are placed that are normally a dessert that has suddenly burst with life. They refuse to consider the historical evidence that there have even been ice ages which implies that had to have also been warming periods way before the Industrial Age. The completely ignore the science of how ice ages are even created which takes place WHEN the ice at the North Pole melts and that allows water to evaporate and return as snow. They portray that when the ice melts, the oceans will rise and New York and Miami will be under water. They spin that as science which is just sophistry. In essence, they refuse to believe in the cyclical nature of everything. I suppose they also assume they will live forever since their denial of cycles must mean they too will never die.
The Poles flip. Ask anyone in geology and they will tell you that rocks are magnetized in the direction of the North Pole when they are formed from an erupting volcano. We are watching a number of volcanos erupting not just in the Pacific, but also in Siberia. We know that the North Pole has been all over the place and it is moving more rapidly today than ever before in recent years when we have tracked it. The last time it flipped was over 700,000 years ago so we do not have recorded history to understand what actually happens. The poles flip about every 11 years on the Sun. But nobody lives there so they can’s tell us what to expect.
I have written about the suddenly frozen animal in Siberia. Effectively, there have been two schools of thought – (1) Chaotic and (2) Linear Progression. We do NOT want to believe you can just wake up one day and freeze to death at the kitchen table. Hence, we do not WANT to believe in abrupt change even being possible. This is also why you will find that people prefer to believe in gradual global warming and will immediately call pointing out any cold spell is not science – only global warming is science. They PREFER to believe that humans can alter the entire cyclical nature of the earth just as they prefer to believe in Keynesianism and government will smooth out the business cycle and make life perfect for you just in case you live forever.
Julius Caesar said it best. People just will believe what they WANT to believe. The people who call Global Warming science and everything else is not-science, there is no point in trying to argue. It is like investments. There has to be someone who buys the high when it is time to sell. You cannot change the mind of those who believe in Global Warming because it is their religion. Al Gore will die frozen and be blaming the cold on CO2. This is a question of the cyclical nature of the universe and stops trying to blame someone for there just may be something bigger to take notice of.
President Trump and First Lady Melania arrive in Helsinki, Finland ahead of a summit between the U.S. and Russia scheduled for tomorrow.
In an interview with CBS News’ Jeff Glor, President Trump made several ‘splodey heads when he was asked: who are our foes? President Trump responded to the question by sharing the names of key nations who take advantage of the U.S.
The usual suspects, the fabian socialists in media, go bananas when President Trump points out the European Union also takes advantage of the U.S.
Representative John Ratcliffe appears on Sunday Morning with Maria Bartiromo to discuss the Thursday testimony of FBI Agent Peter Strzok and the Friday testimony of DOJ/FBI Attorney Lisa Page (she is also returning Monday).
Interestingly, Rep Ratcliffe notes that he and Trey Gowdy questioned Lisa Page for two of the five hours during her Friday deposition.
House Permanent Select Committee on Intelligence (HPSCI) Chairman Devin Nunes appears on Sunday Morning with Maria Bartiromo to discuss ongoing aspects of ‘Spygate’, ‘FISAgate’, and the Mueller maneuvers to protect the DOJ and FBI institutions.
Bartiromo asks Nunes if he thinks Mueller will ever wrap-up; Nunes responds no. CTH agrees. The Mueller investigation could likely continue for at least four years, perhaps eight years; because only while the political investigation exists can all of the corrupt political entities hide behind it.
As soon as Mueller finishes, all of the corrupt DOJ, FBI, IC and Obama administration officials lose their ability to hide behind ‘an ongoing investigation‘. WATCH:
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There are three basic purposes for the Mueller Special Counsel probe:
The winter Downunder has already been the coldest in 26 years. Temperatures plummeted on the East Coast at Marangaroo to a low of -11.1C. It is amazing that the amount of money on the table to justify global warming which is all about raising taxes for carbon emissions is placing us at a greater risk for it is distracting everyone from the real threat – global cooling. Meanwhile, ski fans are rejoicing calling it an Epic Winter in New Zealand.
Meanwhile, between volcanoes erupting in the Pacific, extreme cold in the southern hemisphere, we also have Typhoon Prapiroon which has devasted Japan, which is more prepared for earthquakes than typhoons. Most people do not know in the West why they even call pilots during World War II a Kamikaze pilot. The word “Kamikaze” really means “Divine Wind” and it was the attempt by the Mongold to invaded Japan TWICE when a typhoon destroyed their fleets. It was then said that Japan was protected by the “Divine Wind” and that is why the pilots were named Kamikaze. Right now, the typhoons are hitting Japan killing at what may be more than 200 people while forcing millions to evacuate. This has been the WORST disaster from a typhoon is 36 years.
Meanwhile, there has been ZERO evidence put forth that atmospheric CO2 levels actually will warm anything. In fact, it has been pointed out that the analysis that has been used for the entire theory of Global Warming makes no sense whatsoever. The basis for this entire theory claims that somehow nature treats human CO2 emissions differently than it treats nature’s CO2 emissions. Besides that, CO2 levels have been historically much higher in the past long before humans began the Industrial Revolution.
During the 1980s, I was called in to create a hedge for a bank against the Turkish lira which nobody made a market on. I had to create a synthetic hedge for the currency was moving into what became hyperinflation. The Turkish lira has begun to fall ever since Recep Tayyip Erdoğan became the 12th president of Turkey on August 28th, 2014. We can see from the chart that the last 4 years has produced nothing but a US dollar rally. The lira really began to break down in 2015 following his election. While his vision was to make Turkey a more important country with a vision of the former glory of the Ottoman Empire, we can see in this chart that 2016 the dollar broke out of the channel technically and has begun the steady rally that can make Turkey the poster-child of the emerging market crisis.
The Turkish financial market has come under heavy selling pressure last week. Turkey could be at the center of a new world financial crisis which is unfolding at first in the emerging markets followed by Europe. The price of the lira fell sharply last Thursday making this the largest price decline for one week in the past 10 years. The Lira continues the immediate downward trend which has been ongoing since Erdoğan came to power.
Turning to the Istanbul Stock Exchange, here too we also saw falling prices. The price of the leading index ISE National 100 plummeted during the week from about 100,000 points to only 90,000 points. At the end of January, the price was around 120,000 points. The relationship between price and expected equity returns dropped to the lowest level in the past nine years.
Looking at the bond market, the 10-year government bond yields rose by about 100 basis points on Thursday in a single day reflecting the collapse in public confidence. The 10-year bond now stands at an almost 18% rate, which is up significantly from 10% a little more than one year ago. Inflation is now running at 15% level and during the hyperinflation period, it reach just about 15% per month.
Erdogan continues to try to consolidate power into a virtual dictatorship. He made his son-in-law Minister of Finance after the election and curtailed the independence of the central bank. He thinks he can simply manipulate the interest rates down, which is just going to blow up in his face. Erdogan has simply increased global investors’ fears with his attempt to control the central bank and interest rates. Erdogan has circumvented all democratic procedures and can appoint the president and vice president of the central bank without any other approval. We are looking at a politician who has become a dictator and we must question even the validity of any election in Turkey. Of even more concern, however, is that history warns this type of behavior typically is characterized by someone who will begin wars to distract the people and retain power at all costs.
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