President Trump Delivers Farewell Remarks to Sarah Huckabee Sanders During White House Event (Video and Transcript)…


During a White House event to announce the “Second Hiring” initiative, President Donald Trump took a moment to thank departing White House Press Secretary Sarah Huckabee Sanders [Video and Transcript]

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[Transcript] […] THE PRESIDENT: Thank you.

And I thought maybe I’d just a take moment. So, at the White House — and been with me now three and a half years, before I won, before the election — is a person, a friend, a woman — a great, great magnificent person, actually — named Sarah Huckabee Sanders. And she’s very popular. She’s very popular. (Applause.)

And — and she’s done an incredible job. We’ve been through a lot together, and she’s tough but she’s good. You know, you also have tough and bad, right? (Laughter.) She’s tough and she’s good. She’s great.

And she’s going to be leaving the service of her country, and she is going to be going — I guess you could say private sector, but I hope she’s going to — she comes from a great state, Arkansas. That was a state I won by a lot, so I like it, right? (Laughter.) But we love Arkansas, and she’s going to be going back to Arkansas with her great family — her husband, who’s a fantastic guy, and her family.

And I don’t know, Phil, and folks, if we can get her to run for the governor of Arkansas, I think she’ll do very well. And I’m trying to get her to do that. (Applause.)

But I just saw her in the room and I really wanted to call her up. She’s a special person, a very, very fine woman. She has been so great. She has such heart. She’s strong but with great, great heart. And I want to thank you for an outstanding job.

MS. SANDERS: Thank you, sir.

THE PRESIDENT: And — thank you. Come. Thank you, honey. Say a couple words. (Applause.)

MS. SANDERS: Thank you. Thank you so much. I’ll try not to get emotional because I know that crying can make us look weak sometimes, right? (Laughter.)

This has been the honor of a lifetime, the opportunity of a lifetime. I couldn’t be prouder to have had the opportunity to serve my country and particularly to work for this President. He has accomplished so much in these two and a half years, and it’s truly been something I will treasure forever. It’s one of the greatest jobs I could ever have. I’ve loved every minute. Even the hard minutes, I have loved it.

I love the President. I love the team that I’ve had the opportunity to work for. The President is surrounded by some of the most incredible and most talented people you could ever imagine. And it’s truly the most special experience.

The only one I can think of that might top it just a little bit is the fact that I’m a mom. I have three amazing kids, and I’m going to spend a little more time with them. (Applause.)

And, in the meantime, I’m going to continue to be one of the most outspoken and loyal supporters of the President and his agenda. And I know he’s going to have an incredible six more years and get a whole lot more done, like what we’re here to celebrate today.

And I don’t want to take away from that. So I certainly want to get back to the tremendous thing that the people behind me have done.

And thank you so much, Mr. President. It’s truly an honor. (Applause.)

THE PRESIDENT: Thank you, Sarah. Thank you very much. Great. Great person. Great person. Thank you, Sarah. Great.

She’s a warrior. You guys know what warriors are, right? Yeah? You’re warriors. Huh? We’re all warriors. We have no choice. (Laughter.) We have to be warriors in this world. But she is a warrior. Thank you, Sarah, very much.

[Transcript End]

Sarah Sanders Departing White House…


Not too many details yet, but White House Press Secretary Sarah Huckabee Sanders will be leaving her position at the end of the month.  POTUS Tweet:

Below is one of my favorite funny videos of Sarah Sanders:

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NEC Chairman Larry Kudlow Extensive Economic Policy Discussion (full video)…


If you’ve got the time this is well worth watching.  Larry Kudlow is Chairman of the National Economic Council and delivers a strong voice amid the economic team of assembled by President Trump.

Kudlow provides value because he comes from the Wall Street economic punditry networking group that just doesn’t understand MAGAnomics, or ‘America First’ Main Street policy.   President Trump has taught Kudlow a great deal.  So Kudlow’s value is heightened by his ability to explain Trump’s Main Street policy to his old Wall St. tribe; who genuinely have no concept of Main Street policy (hence, they’re always puzzled).

U.S. Identifies Iran as Responsible for Two Tanker Ship Attacks in Gulf of Oman Today…


In the early hours of this morning, two vessels transiting through the Strait of Hormuz towards the Indian Ocean were attacked by unknown entities causing hull breach explosions that rendered the vessels inoperable.  The sailors were evacuated.

The Norwegian owned “Front Altair” (cargo: 75,000 tonnes of naphtha), and the Japanese owned “Kokuka Courageous” (cargo: 25,000 tonnes of methanol) were struck in the Gulf of Oman; the same strategic sea lane where four oil vessels were sabotaged last month.

Secretary of State Mike Pompeo has identified Iran as the government responsible for the attacks.  [Press Conference Video]

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No doubt Iran feels empowered to attack Western interests partly due to the support expressed by former Secretary of State Kerry and former President Obama.  Both have created an open window for Iran by undermining President Trump.

(Tweet Link)

(Via Daily Mail) […] The Altair had been loaded at a port in the Gulf with a petroleum product known as naphtha, and was on its way to the Far East.

The Altair’s cargo was worth more than $30million, according to estimates from trade sources.

Meanwhile, a shipping broker said the Kokuka, which flies under Panama’s flag, had suffered an explosion after an ‘outside attack’ which may have involved a magnetic mine.

The company operating the ship, which was heading to Singapore, said the attack had caused ‘damage to the ship’s hull starboard side.’

The Kokuka’s 21 crew were picked up by the nearby Vessel Coastal Ace, leaving the tanker adrift and empty after an engine room fire.

One of the crew members was slightly injured in the incident and received first aid on board the Coastal Ace, while the Kokuka’s methanol cargo is said to be intact. (read more)

The oil tanker attacks came as Japanese Prime Minister Shinzo Abe (left) met Iran’s supreme leader, Ayatollah Ali Khamenei in Tehran today

 

President Trump Uses Mark Warner and Adam Schiff Examples to Highlight Foreign Contacts….


Earlier today President Trump hit back against a ridiculous media and political narrative that in a series of tweets:

The example of Mark Warner is particularly poignant. In 2017 Senator Mark Warner was texting with lawyer/lobbyist Adam Waldman about setting up a covert meeting with British intelligence operative and dossier author Chris Steele.  Waldman is a lobbyist/lawyer with a $40,000 monthly retainer to represent the U.S. interests of Russian billionaire Oleg V. Deripaska.

Additionally, in 2018 the Vice Chairman of the Senate Intelligence Committee, Mark Warner, was demanding the FBI and DOJ keep records from congress.

(Source Link)

According to Mark Warner, it would be “irresponsible” and “potentially illegal” for congressional oversight to keep demanding records from the FBI and DOJ about their spying and surveillance activity against the campaign of Donald Trump… wait, what?

Hmm?… Methinks Senator Mark Warner has a conflict here.

You see, when Dianne Feinstein stepped down as Vice-Chair from the Senate Intel Committee after the 2016 election, it was Mark Warner who took her place.  This puts Warner on the Gang-of-Eight in January 2017.

Coincidentally, the Gang-of-Eight conduct all oversight over DOJ and FBI covert and counterintelligence operations…. including those covert actions that took place in 2015 and 2016.   But wait, it gets better….

Senator Mark Warner was also the guy caught text messaging with DC Lawyer Adam Waldman in the spring of 2017 (his first assignment).   Waldman was the lawyer for the interests of Christopher Steele – the author of the dossier.

While he was working as an intermediary putting Senator Warner and Christopher Steele in contact with each-other.  Simultaneously Adam Waldman was also representing the interests of… wait for it,…. Russian billionaire Oleg Deripaska.

Derispaska was the Russian person approached by Andrew McCabe and Peter Strzok and asked to assist in creating dirt on the Trump campaign, via Paul Manafort.

You see, Senator Mark Warner has a vested interest in making sure that no-one ever gets to the bottom of the 2016 political weaponization, spying and surveillance operation.

Senator Mark Warner was a participant in the execution of the “insurance policy” trying to remove President Trump via the Russian Collusion narrative.

Senator Feinstein’s 2016 senior staffer (with Gang-of-Eight security clearance) was Dan Jones.  It was revealed that Dan Jones contracted with Christopher Steele to continue work on the Russia conspiracy narrative after the 2016 election, and raised over $50 million toward the ideological goals of removing President Trump. {See Here}

Staffer Dan Jones surfaces in the text messages from Feinstein’s replacement on the Gang-of-Eight, Senate Intelligence Committee Chairman, Mark Warner {See Here}

Senator Warner was texting with Adam Waldman about setting up a meeting with Chris Steele.  Waldman is a lobbyist/lawyer with a $40,000 monthly retainer to represent the U.S. interests of Russian billionaire Oleg V. Deripaska.

Senator Mark Warner was trying to set up a covert meeting.  In the text messages Adam Waldman is telling Senator Warner that Chris Steele will not meet with him without a written letter (request) from the Senate Intelligence Committee.  Senator Warner didn’t want the Republican members to know about the meeting.  Chris Steele knew this was a partisan political set-up and was refusing to meet unilaterally with Senator Warner.   His lawyer Adam Waldman was playing the go-between:

That “Dan Jones”, mentioned above, talking with Chris Steele and told to go to see Senator Warner, is the former senate staffer Dan Jones, who was previously attached to Dianne Feinstein.

Simultaneously, while working to connect Senator Warner to Christopher Steele, Adam Waldman is representing Oleg Deripaska:

(Source Link) 

Oleg Deripaska was a source of intelligence information within the John Brennan intelligence community efforts throughout 2016. This is the same intersection of  characters that circle around Stefan Halper.

John Solomon – […] Deripaska also appears to be one of the first Russians the FBI asked for help when it began investigating the now-infamous Fusion GPS “Steele Dossier.” Waldman, his American lawyer until the sanctions hit, gave me a detailed account, some of which U.S. officials confirmseparately.

Two months before Trump was elected president, Deripaska was in New York as part of Russia’s United Nations delegation when three FBI agents awakened him in his home; at least one agent had worked with Deripaska on the aborted effort to rescue Levinson. During an hour-long visit, the agents posited a theory that Trump’s campaign was secretly colluding with Russia to hijack the U.S. election. (more)

Several SSCI senators including Kamala Harris, Dianne Feinstein, Ron Wyden, and especially Mark Warner, made outlandishly false statements about the DOJ and FBI activity surrounding the Russia investigation during the time-frame when no-one even knew the SSCI had custody of -and reviewed- the Carter Page FISA application.

It is demonstrably true those committee senators were making false statements throughout 2017 into 2018 and they continue today; only no-one knows how purposefully false they are because no-one has yet to point out the SSCI had the FISA application used against Carter Page since March 17th, 2017.   It was a secret kept easily hidden by the nature of the classification.

Even through today, there’s never been a single MSM article written about the Senate having the Carter Page FISA application in 2017; and/or not a single confrontational question to any of the committee members about their statements.

Think about it.

#1) The DOJ and FBI have never officially said, or made a statement about, the FISA Court having sent a copy of the FISA application against Carter Page to the Senate Intelligence Committee on March 17, 2017.   That knowledge has come from our independent research and review of the released parts of the FISA application.

#2) The DOJ and FBI have never said, or made any statement toward, the FISC application being leaked by the Senate Intelligence Committee on March 17, 2017, by SSCI director of security James Wolfe.  That knowledge has come from our independent research and review of the: (a) Wolfe indictment; and (b) the released FISA application.

#3) The DOJ never indicted SSCI Security Director James Wolfe with leaking the FISA application.  Nor did the FBI or DOJ technically ever state within the indictment that Wolfe received, let alone leaked, the FISA application.

Within the Wolfe Indictment, the FBI did describe with some detail the type of document sent to the SSCI and the date therein (March 17, 2017).  It was later, when the FISA application was released (July, 2018), when we could compare the description within the indictment, align dates and pages with the FISA documents, and put those issues together.

NY Times Blames Whittle, Crowder, Shapiro, Molyneux, YouTube, for Making Alt-Right Radical


Published on Jun 11, 2019

 

 

Public v Private Interest Rates & Sovereign Debt Crisis


QUESTION: Dear Martin I have a question for the blog. There has been forecasts for a sovereign debt crisis but recently you have discussed how various governments may manipulate govt bond interest rates down as has happened in Europe and Japan. If Europe and Japan are anything to go by then this could go on for some time. If govts are successful in this, does this mean that there may not be a sovereign debt crisis?

ANSWER: The Sovereign Debt Crisis involves crossing the line where the private sector no longer trusts government debt. We have begun to cross that lines in Europe and Japan where the central banks are buying the debt in bulk. There have even been German auctions of bonds where there was no big.

Yes, the central banks can artificially keep government interest rates low, but that is only possible when they are the buyers.

We are experiencing already interest rates rising in the peripheral governments where their central banks do not engage in QE – namely emerging markets. We will witness private rates rise for that is a free market. However, from the government side of the table, the Sovereign Debt Crisis among the developed countries engaging in QE has unfolded as NO BID. They can artificially keep rates low ONLY because the central banks buy the debt – nobody in the private sector would buy 10 years paper at 1% to 3% when they need 8% to break even in pension funds.

Also, pay attention to the state/provincial debt where they do not have the ability to buy their own nonsense. The manipulation of rates will be at the federal level, not in the state/provincial and municipal levels of government.

So, pay attention to the bifurcation in rates that is unfolding between PUBIC v PRIVATE.

 

The Fed is Between a Rock & a Hard Place


QUESTION: Dear Mr Armstrong,
Not sure if I am understanding it correctly. Is the FED currently between a rock and a hard place? The FED is not able to cut rates (implement QE) due to the current pending/ongoing crisis of the US pensions, and they cannot raise interest rates as it’s going to cause more USD liquidity stress. However, rates are still going to rise as they have lost control of the interest rates. May I know is it possible for them to change the rules and allow pension funds to invest in the equity markets like how the Japanese are doing it so that they can achieve the higher returns for the pensions as well as hoping to keep interest rates as low as possible? Then this will be part of the energy (funds) pushing US equity markets to all-time highs?

Appreciate the daily education.

Warmest Regards,
MC

ANSWER: The Fed realizes that QE has been a complete failure. What they are looking at is the 1942-1951 period when the Treasury ordered the Fed to create a peg and support the bond market at benchmark rates of interest thereby installing caps. This is slightly different than QE which buys in debt on a wholesale basis. The Fed may try the peg and this will result in a bifurcation of interest rates where private sector rates will rise and public rates will become fixed even on the 2 to 10-year paper. I believe they will come under pressure to try to prevent the national debts from exploding, which will introduce yet another crisis of inflation. By trying to peg the rates, when the market smells a rat, they will end up in a position of having to monetize the entire debt. We have some very interesting times ahead.

Greenland Glacier is Growing, Not Melting


Greenland glacier reverses stunned scientists, according to the Weather Channel. This is illustrating that everything is subject to a cycle. Many argue it is only temporary. But the winters have been getting colder for the past three years. As I have stated previously, this could be just a reaction of up to three years. If we see another cold winter next year, then we should expect this colder climate change into 2024/2025.

Devin Nunes and Mark Meadows Discuss Corruption Within FBI/DOJ and “New Whistle-blowers” Coming Forward……


HPSCI ranking member Devin Nunes appears with judiciary committee member Mark Meadows to discuss today’s HPSCI hearing, corruption within the DOJ/FBI, and the current NYT story about AG Bill Barr questioning the CIA construct of the 2017 Intelligence Community Assessment.

Notice in Mr. Nunes statements: “corrupt rank and file“? {CURIOUS}; also Fusion GPS and the FBI operating on “parallel tracks“? {CURIOUS x 2}  Additionally, from Rep. Mark Meadows we hear this:

“We are now getting a lot of whistle-blowers” … “people who knew this was wrong are coming forward now” …

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Also from Nunes, confirmation that Rosenstein’s original scope memo was based on empowering/authorizing Weissmann and Mueller to investigate (ie. ‘utilize’) the dossier manufactured by Fusion GPS, Glenn Simpson, Nellie Ohr and Christopher Steele.