The Treasury Department informed congress Monday it will not release President Trump’s tax returns. This follows a politically motivated request from House Democrats, and potentially sets-up a legal battle to be resolved by the Supreme Court.
Letter from Treasury Secretary Steven Mnuchin:
President Trump is hosting an award ceremony today at the White House to deliver the Presidential Medal of Freedom to U.S. golfer Tiger Woods. Anticipated Start Tim 6:00pm EDT
WH Livestream Link – Fox10 Livestream Link – Global News Livestream Link
CTH shared last week the visibility of a cross-party political and economic horse-trade {Go Deep}. It would appear some evidence toward that likelihood is gathering:
Speaker Nancy Pelosi and Minority Leader Chuck Schumer want their infrastructure proposal. President Trump wants a fundamentally realigned geopolitical trade reset. No doubt Pelosi/Schumer will attempt to get their political win and simultaneously eliminate any Trump win. However, until the weeds are reached they are each playing their role.
One of the aspects to President Trump that bears a continual reminder is the importance of actual economic victory over optical political victory. President Trump is primarily focused on the former, and only concerned about the latter as it relates to his goal:
That’s what President Trump cares about. President Trump’s outlook on economic security is only superseded by one measure: his willingness to use the U.S. military to protect U.S. persons from physical threats of harm.
Withdrawing the tentacles of global exfiltration of American wealth; vis-a-vis the structural reset of the U.S. economy and how it engages with the global trade systems; is the pinnacle focus of President Trump. All other issues are ‘less than’; and the internal politics within Washington DC is far, far, less than in this set of priorities.
It may be uncomfortable for many to see and/or admit, but all other priorities held by supporters of President Trump fall below his primary economic objective. American economic priority is the stuff Donald Trump has discussed, shared, considered and sought counsel on for over 30 years.
Any ancillary policy or issue that intersects with Trump’s focus on the U.S. economy gets priority [See: Trans-Pacific Partnership (TPP); Transatlantic Trade and Investment Partnership (TTIP); and Paris Climate Treaty as examples]. However, all issues which fall farther away from the economy are downstream priorities.
Within the small dot, disproportionately emphasized by pundits, lays the internal politics of DC. President Trump has spooky good political instincts, yet his valuation of politics is proportional to the necessity of politics in achieving the economic transformation.
Everything else is less-than.
Everything.
Trump may cede ground on specific issues that make his supporters angry; but he will never cede ground on an issue that intersects with his global economic realignment.
It’s worth keeping that in mind.
Earlier today President Trump presented the commander-in-chief trophy to the U.S. Army team during a Rose Garden event.
House Judiciary Committee Ranking Member Doug Collins appears on Fox News to respond to the latest political ploy by Speaker Pelosi and Chairman Nadler to hold Attorney General William Barr in contempt of congress.
.
(Link to statement from Doug Collins)
House Judiciary Chairman Jerry Nadler has scheduled a markup vote for contempt proceedings for Wednesday May 8th at 10:00am. The markup vote begins the process for debating the democrat-claimed violations by the Attorney General, and the creation of a report (a contempt resolution) outlining the issues therein.
A full contempt vote normally follows the creation of the contempt resolution; which is an outcome of the debate. However, to showcase just how ridiculous and political the agenda of Nadler has become, the actual contempt resolution is already written – SEE HERE.
Chairman Nadler and House Democrats are framing the contempt accusations around AG William Barr not publicly releasing a fully unredacted version of the Weissmann-Mueller report, and the underlying evidence. AG Barr has made the unredacted version available to congressional leadership; however, Barr cannot release the unredacted version publicly because the Mueller-Weissmann report contains grand jury information, and such a release is unlawful.
Democrats are exploiting Barr’s lawful inability to release the report unredacted as a way to charge him with contempt of congress. Statement from Nadler:
“Even in redacted form, the Special Counsel’s report offers disturbing evidence and analysis that President Trump engaged in obstruction of justice at the highest levels. Congress must see the full report and underlying evidence to determine how to best move forward with oversight, legislation, and other constitutional responsibilities.
The Attorney General’s failure to comply with our subpoena, after extensive accommodation efforts, leaves us no choice but to initiate contempt proceedings in order to enforce the subpoena and access the full, unredacted report. If the Department presents us with a good faith offer for access to the full report and the underlying evidence, I reserve the right to postpone these proceedings.” (link)
The DOJ responded today. Letter below:
Macrone just signed a law where Italian will no longer be taught in France. The idea that Europe is one big happy family is so far from the reality that this is part of the backdrop behind the bearishness of the Euro. The old resentments remain. There has always been a strong resentment between the Italians and the French and this latest change by Macrone only fuels these old resentments that prevail within the Eurozone. What should have remained as a simple trade union has attempted to federalize Europe which is only increasing the tensions throughout the continent
QUESTION: How were ancient coins placed into circulation?
DR JB
ANSWER: That is actually a very interesting question. As the legend goes, the Gauls (French) attempted to invade the city of Rome quietly, but had frightened the sacred flock of geese that made a lot of noise. This alerted the Romans to the surprise attack giving us the word “monere” meaning in Latin to warn. The Temple of Juno then became popularly known as the Temple of Juno Moneta. Since this is where the coins were minted, we now arrive at the word “money” that springs from the origin of this legend and place that was an ancient mint.
Our term such as capital flow is also derived from the Latin word “currere” meaning “to run” or “to flow” and this is where the money flowed from giving us the word “currency” meaning the flow of money. This is why Juno Moneta is pictured on Roman coins as holding the balance scales in one hand and a cornucopia in the other symbolizing endless bounty or wealth. This is the birth of the term money and currency.
Now, since Rome had no national debt and no central bank, we immediately wonder how on earth did this function? The government-owned the mines and thus they coined money to meet their expenses. Unlike our modern governments, they did not have a huge welfare state. They did subsidize food. But the coinage was used to pay the troops and government expenses and thus this is how the money was put into circulation. They would increase the output in times of war and decreased it in times of peace for the most part.
Published on May 1, 2019
Published on May 1, 2019
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