Monthly Archives: May 2019

May 21 2019

White House Responds to Nadler Subpoena for Counsel Don McGahn…


Re-Posted from The Conservative Tree House on May 20, 2019 by 

Most media have avoided highlighting how Jerry Nadler has not demanded testimony from presumed author of the special counsel report, Robert Mueller.  It is likely the Judiciary Committee’s lack of interest surrounds the fact they know Mueller was a figurehead with no substantive control over the small group led by Andrew Weissmann.  The special counsel probe, with sunlight upon Mueller, would be a risk to Nadler.

AG Bill Barr has no issue with Mueller testifying; likely because he too knows Mueller appearing for testimony without his “small group” handlers could lead to a full collapse of the special counsel/media narrative. Meanwhile, the White House delivers a response to House Judiciary Committee Chairman Jerry Nadler following his subpoena for former White House Counsel Don McGahn:

WHITE HOUSE – At the President’s direction, the White House has been completely transparent with the Special Counsel’s investigation. The Special Counsel received more than 1.4 million documents and hours and hours of interviews from White House officials, including more than 30 hours from former Counsel to the President, Don McGahn. The Democrats do not like the conclusion of the Mueller investigation – no collusion, no conspiracy, and no obstruction – and want a wasteful and unnecessary do-over.

The House Judiciary Committee has issued a subpoena to try and force Mr. McGahn to testify again. The Department of Justice has provided a legal opinion stating that, based on long-standing, bipartisan, and Constitutional precedent, the former Counsel to the President cannot be forced to give such testimony, and Mr. McGahn has been directed to act accordingly. This action has been taken in order to ensure that future Presidents can effectively execute the responsibilities of the Office of the Presidency. (link)

Formal notification letter (source pdf available here):

(source pdf)

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Legal guidance from the U.S. Department of Justice, Office of Legal Counsel, below:

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May 21 2019

U.S.T.R Lighthizer Traveling to Japan for Trade Discussions….


Re-Posted from The Conservative Tree House on May 20, 2019 by 

Last month President Trump accepted an invitation from Prime Minister Shinzo Abe for a state visit to Japan May 25th through 28th. The Japanese government is honoring President Trump as the first state guest of the Reiwa Era, introduced with the coronation of Emperor Naruhito.

The official visit itinerary will include the first formal state banquet hosted by the Emperor Naruhito and Empress Masako.  The visit is a big honor intended to convey the importance of the relationship between the U.S. and Japan.

Today Reuters is reporting that U.S. Trade Ambassador Robert Lighthizer will be heading to Japan (in advance of President Trump), to meet with Economy Minister Toshimitsu Motegi.  It seems there’s a possibility Trump and Abe have something planned….

(Reuters) – U.S. Trade Representative Robert Lighthizer will visit Japan on May 24 to meet Economy Minister Toshimitsu Motegi to accelerate trade talks ahead of a leaders’ summit a few days later, two sources with direct knowledge of the plan said on Monday.

After a late-April meeting between President Donald Trump and Prime Minister Shinzo Abe, Trump had said it was possible for the two allies to reach a new bilateral trade deal by the time he visits Tokyo in late May.

Kenji Wakamiya, chairman of the lower house of parliament’s foreign affairs committee, said he expected the United States would not be as tough on Japan as it had been on China, though adding it was not certain a deal could be reached this month. (read more)

“Possible”…

… as if, it wasn’t, um, planned.

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{{{*ahem*… nudge-nudge… wink-wink… say-no-more…. say-no-more}}}

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[::: walking away whistling now :::]

 

May 21 2019

Mark Meadows Discusses Covert FBI Recording and Transcripts of George Papadopoulos….


Re-Posted from The Conservative Tree House on May 20, 2019 by 

Mark Meadows is John Solomon’s primary source.  During this interview Mark Meadows discusses transcripts and recordings of George Papadopoulos which were part of the ‘SpyGate’ operation.  The transcripts were first revealed by former congressman Trey Gowdy yesterday.

May 20 2019

Property Rights in the 21st Century


Published on Aug 25, 2011

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Timothy Sandefur, Principal Attorney at the Pacific Legal Foundation, discusses how the evolution of law in the United States has affected our property rights. Beginning with discussions of the founding fathers, Timothy describes how our rights, especially property rights, have eroded as a consequence of progressive ideas and judges. To reverse this cycle, Timothy states that we must strengthen the philosophical arguments of private property rights.

 

 

May 20 2019

Sweatshop Wages and Third-World Workers: Are the Wages Worth the Sweat?


Published on Jun 7, 2011

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Prof. Ben Powell discusses the economics of sweatshops. He begins with a few photos and personal travel stories to demonstrate typical working conditions in third world countries. He then discusses the economic forces that determine working conditions and wages. Looking at empirical data, he finds that sweatshop workers earn higher wages than non-sweatshop workers in their respective third world country. He concludes with recommendations to activists who want to actually help sweatshop workers. Credits: This lecture was delivered in 2009 at the Metropolitan State College of Denver School of Business, as part of the Exploring Economic Freedom Lecture Series, directed by Prof. Alexandre Padilla. This video was produced and directed by Scott Houck, and edited by Adrienne Christy. Video production provided by the Educational Technology Center at Metropolitan State College of Denver. Video used by LearnLiberty.org with permission.
May 20 2019

Failure to Plant Crops


Armstrong Economics Blog/Climate

Posted May 20, 2019 by Martin Armstrong

COMMENT: Good day from Chatham, Ontario Canada (50 miles east of Detroit 42.4048° N, 82.1910° W);
Interesting your models are warning of the next year’s results in climate change.

Our location is always the first to plant in Canada as it is the same latitude as northern California.
A few climate tidbits;

– As of today, May 18th, 2019, no farmers (zero) have started planting.
– In 3 years the percentage of April planting starts has decreased to 0% from 70% just 4 years ago. Typically planting was completed by mid to end of May.
– Flooding this year from Ottawa to Detroit along with cooler temperatures can wreak havoc on winter wheat crops which are planted in the fall and has germinated. But if the heat doesn’t come to dry up the land then the wheat crop is susceptible to rot.
– soil temperatures are below the 25-year average by 23 degrees.
– more rain means less sunshine.
– Songbirds in our area are unusual for May. Makes for a very noisy morning coffee.

Bird watchers reporting many species have not finished their normal migration north. Somehow they have stalled in lower latitudes knowing the northern food sources are not ready.
The birds singing is nice, but I would like to eat.
Best to you;

RH

REPLY: Others are reporting the same general trends. Some people write in and try to disagree with the forecasts. What they fail to understand is this is BY NO MEANS my “opinion” or what “I think” for I do not see myself as qualified on such a personal level to forecast such events since I am not a farmer and have never been. My grandfather had maybe an acre where he grew grapes, fruit trees, and some other things like tomatoes. He was not a professional farmer.

All I can do is report what the computer is projecting and I believe it does a far better job than human forecasting simply because it just goes by the data and extracts the patterns upon cycles. I take no pleasure in warning that we could be headed into a very rough patch for food production into 2024/2025 if we see a colder and longer winter again next year.

May 20 2019

Trading Against the Reversals


Armstrong Economics Blog/Training Tools

Re-Posted May 20, 2019 by Martin Armstrong

COMMENT: So guess what. I’ve always played the gaps when one elects and it’s a decent size and it lines up with the arrays and technicals I’ll get in and sell at the touch of the next reversal after the gap. Easy. But last month for the first time I tried trading against the reversal and it worked out amazingly. There was a quadruple bullish reversal in Cisco and a direction change the week and month after and I shorted it a few cents away from that reversal and basically got the high in a very strong uptrend. AM even thought I was crazy shorting it. The very next day it started falling and fell straight to the last major weekly yesterday.

Maybe not “Marty” type amazing trade, but I saw it unfolding the way Socrates said and I thought Damn haha

First time against a reversal!!! And a quadruple at that. Wanted to share that with you.

REPLY: Excellent. That was a good trade. Notice the energy. It peaked well before, so as the market is making new highs and failing to get through the reversals, look at the energy. If you see divergence and the stochastic, the odds are in your favor.

The divergences in those two indicators with the Array and the Reversal System allows for low-risk trades. Always know where you are wrong on a trade. In that case, the other side of the Reversals you are selling against. The declining energy with a rising market warns that the rally is not sustainable.

 

May 20 2019

Australian Conservatives Win by Thin Margin


Armstrong Economics Blog/Australia & Oceania

Re-Posted May 20, 2019 by Martin Armstrong

Australia’s center-right government won a surprise victory over the left. Voters backed the center-right government in a slowing economy for another three years and rejecting the opposition’s progressive agenda which has been really pretty out there at times. Despite trailing in most opinion polls for years, Scott Morrison’s Liberal-National coalition won attacking Labor’s pledge to take tougher action on climate change and strip tax perks from wealthy Australians. Many are calling Labour’s loss for its leader Bill Shorten, the shock of all time up there with the loss of Hillary Clinton because the polls just got it wrong again.

May 20 2019

The Winter that Will Not End


Armstrong Economics Blog/Climate

Re-Posted May 20, 2019 by Martin Armstrong

This is the winter that does not want to leave. It is still raining and snowing in California, even in May, as reported by the LA Times. We are experiencing a long protracted winter in many areas. This does not bode well for the summer, which also appears to be shorter. If this unfolds and we see yet another long and cold winter next year, it appears this trend will continue into 2025.

May 20 2019

Steve Hilton Interviews President Trump…


Re-Posted from The Conservative Tree House on May 19, 2019 by 

President Trump gave a lengthy interview to Steve Hilton on a variety of topics.

Interview continues (just hit play):

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