A Very Giddy Carter Page Discusses Mueller Testimony…


An unusually giddy and excited Carter Page appears on Fox News with Martha MacCallum to discuss the information within today’s testimony of Robert Mueller.   Page notes the mention of Steven Schrage as the contact point from Cambridge University.

h/t Michael Sheridan for the video:

*UPDATE* President Trump Impromptu Presser Departing the White House – (Video and Transcript)


Chopper pressers are the best pressers. President Trump stopped to talk to the assembled media as he departed from the South Lawn. The majority of questions and comments surround the Mueller testimony.  [Video and Transcript Below]

UPDATE: Transcript Added

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[Transcript] – Q Mr. President, what’s your reaction to the testimony?

THE PRESIDENT: So we had a very good day today. The Republican Party, our country — there was no defense of what Robert Mueller was trying to defend, in all fairness to Robert Mueller. Whether his performance was a bad one or a good one, I think everybody understands that. I think everybody understands what’s going on.

There was no defense for this ridiculous hoax, this witch hunt that’s been going on for a long time — pretty much from the time I came down on the escalator with our First Lady. And it’s a disgrace what happened. But I think today proved a lot to everybody. In fact, some of my biggest opponents wrote things today that I wouldn’t have believed they would have written, and I appreciate that they did that.

This has been a very bad thing for our country. And despite everything we’ve been through, it’s been an incredible two and half years for our country. The administration, our President — me — we’ve done a great job. We’ve got the strongest stock market, the best unemployment numbers, the most number of people ever working in the history of our country right now — almost 160 million. Our military has been rebuilt and getting even stronger.

We’ve done a great job, and we’ve done it under this terrible, phony cloud. A phony cloud; that’s all it was. And they should be ashamed of themselves. Absolutely ashamed. And you know who knew it was a phony cloud more than anyone else? It was Schiff and Nadler and Schumer and Pelosi — every one of them. They all knew it was phony stuff.

And if you look at the polls, the polls are showing it maybe more than anybody else or anything else. And I’ve had my best polls, and I don’t say why. But people see what’s gone on in our country with this whole thing. I’ve been going through it for three years — for three years — all the nonsense.

So this was a very big day for our country. This was a very big day for the Republican Party. And you could say it was a great day for me, but I don’t even like to say that. It’s great.

I’ll tell you what: I very much appreciate those incredible warriors that you watched today on television — Republicans — that defended something, and defended something very powerful, very important. Because they were really defending our country. More than anything else, they were defending our country. But they were warriors, and they’ve been warriors for a long time.

And everybody knew it was a hoax, especially the Democrats. I wish we could be a fly on the wall in those rooms where the Democrats would go in and talk before and after meetings, and they’d be laughing and smiling and say, “Can you believe that we’re getting away with this?” But, in the end, they didn’t get away with it.

Yeah.

Q Mr. President, Robert Mueller specifically testified that he did not exonerate you. Why do you continue to say that he does?

THE PRESIDENT: So, there is no such a thing. He didn’t have the right to exonerate. And, you know, it’s very interesting: People mention exoneration. That was something where he totally folded because he never had the right to exonerate. And it was covered very well by Congressman Turner and put to a conclusion.

We were — if you take a look at not only the report, beyond the report, take a look at not what he said but what he was forced to say. And even your networks and your network and your network and your net- — every one of these networks, they put up their hands. You know, we had a couple of cases with — actually, we had about six cases where they asked our people, our representatives’ television networks, “Please, don’t come in tonight. We’re not going to be doing much on it.” And the reason they’re not: because it’s over.

Go ahead.

Q Mr. President, sir, do you regret, sir — two questions for you. Are you concerned you could be indicted out of office? And do you regret talking so much about WikiLeaks, given Robert Mueller called that problematic?

THE PRESIDENT: So, WikiLeaks is a hoax, just like everything else. And all of those problems having to do with crime were the biggest hoax of all. It was a witch hunt. A total witch hunt. And when you saw Robert Mueller’s statement, the earlier statement, and then he did a recap, he did a correction later on in the afternoon. And you know what that correction was, and you still asked the question. Do you know why? Because you’re fake news. And you’re one of the most.

And let me just tell you, the fact that you even asked that question, you’re fake news. Because you know what? He totally corrected himself in the afternoon. And you know that just as well as anybody.

Kaitlan. Kaitlan.

Q He said your written answers were not “generally truthful.” What was not truthful in your written answers to the Special Counsel?

THE PRESIDENT: I don’t know whose answers weren’t. I guess his answers weren’t. Because if you look, the whole report — you take a look at what they did: Some of the things that he didn’t even know about; some of the things he didn’t even know what was going on.

But you know, in the end, what he did, he actually, probably, came through for himself. The performance was obviously not very good. He had a lot of problems. But what he showed more than anything else is that this whole thing has been three years of embarrassment and waste of time for our country. And you know what? The Democrats thought they could win an election like this. I think they hurt themselves very badly for 2020.

Q Did Donald Trump, Jr. — did your son, Donald Trump, Jr., speak with Robert Mueller?

THE PRESIDENT: Did I what?

Q Did your son, Donald Trump, Jr., speak with Robert Mueller?

THE PRESIDENT: I don’t know. I really don’t know.

Q How do you not know?

THE PRESIDENT: I never — I don’t know.

Yeah, go ahead.

Q Mr. President, are you concerned about what was said —

THE PRESIDENT: I mean, frankly, whether or not he did, it wouldn’t matter to me —

Q How would you not know?

THE PRESIDENT: — because he did nothing wrong. He did nothing wrong.

Q But how would you not know?

THE PRESIDENT: Because it’s so unimportant. It was always a very unimportant meeting. It was only important to the fake news.

Go ahead.

Q Mueller said you could be charged once you leave office.

THE PRESIDENT: No, he didn’t say that.

Q Yes, he did.

THE PRESIDENT: Again, you’re fake news. And you’re right at the top of the list, also.

Let me just tell you —

Q That is what he said, sir.

THE PRESIDENT: — go back to what — it’s not what he said. Read his correction.

Q That was not his correction. His correction was about exonerating you.

THE PRESIDENT: Read his correction.

Q It was about exonerating you. That was not about if you could be charged after you leave office.

THE PRESIDENT: If you read his correction, you’ll find out. That’s why people don’t deal with you because you’re not an honest reporter.

John.

Q Mr. President, do you believe that — there are some Democrats who are saying that Mueller’s testimony today could form the basis for an impeachment investigation? What do you say in response?

THE PRESIDENT: They are devastated. The Democrats lost so big today. Their party is in shambles right now. They’ve got the Squad leading their party. They are a mess — where even you take a look at scribe and you take a look at so many of the people that were the most outspoken, and they say this was a devastating day for the Democrats. And you know it, John, and everybody else knows it. This was devastating day for the Democrats.

Q Are you concerned, Mr. President, that after you leave office, you could be indicted?

THE PRESIDENT: No, no. A very dumb and very unfair question.

Q Why is that?

THE PRESIDENT: Because if you look at his correction, he took that totally out of play. He made his decision based on the facts, not based on some rule. So you shouldn’t even ask that question because you know it’s a phony.

Go ahead.

Q Do you think the Democrats are trying to (inaudible) and keep (inaudible)?

THE PRESIDENT: The Democrats had nothing, and now they have less than nothing. And I think they’re going to lose the 2020 election very big, including congressional seats, because of the path that they chose.

Now, who knows where it goes. From what I hear, they’re giving up. But I just say, I know them too well. They’ll never give up. They’ll go back into the room and they’ll try and figure something out. This whole thing has been — honestly, it’s been collusion. It’s been collusion with the media. It’s been collusion with other countries. This has been a disaster for the Democrats, and I think we’re going to win bigger than ever.

Now, I’m — I’m going to West Virginia, one of the great states. A state that’s doing — if you look at percentage up, I think it’s number one or number two in the country. And nobody would have believed that. West Virginia is doing great. So, I’m going to West Virginia.

We did have a big case today. You know, we won the asylum case in Washington which, frankly, you should be asking about that because that’s the real deal.

I can’t believe how nice you are today. Go ahead, give me a question.

Q Thank you. My question, Mr. President, is: Do you believe that even though he backed away from it, that you, after you leave office, could face indictment for obstruction?

THE PRESIDENT: No, because we did nothing wrong. The answer is very simple. Nothing was done wrong. This was all a big hoax. And if you look at it today, nothing was done wrong.

Now, I believe what you’re going to find — you’re going to find a lot of things that were done very wrong. But that’s going on now. That’s something you haven’t been writing about, and that has to do with the other side’s — that has to do with a thing called “investigate the investigators.” Let’s see what happens. That’s going to be very interesting.

Q Do you think Robert Mueller did a good job in this investigation? Where are you at on that now?

THE PRESIDENT: Look, I think Robert Mueller did a horrible job, both today and with respect to the investigation. But in all fairness to Robert Mueller, he had nothing to work with. You know, you can be a builder, but if they don’t give you the right materials, you’re not going to build a very good building.

Robert Mueller had no material. He had nothing to work with. So, obviously, he did very poorly today. I don’t think there’s anybody — even among the fakers, I don’t think there’s anybody who would say he did well. I looked at your people; they’re saying it was devastating for the Democrats.

And even, I will tell you, the two most nauseous and nauseating networks — whose ratings have both gone down, way down — even they said this was a really bad day for the Democrats.

So, Robert Mueller did a poor job. But in all fairness to him, he had nothing to work with.

David.

Q Mr. President, do you regret not talking to Mueller now that you’ve seen him in action?

THE PRESIDENT: Look, I saw what he did to people — how he ruined people’s lives because they didn’t remember a date or something very minor. He ruined people’s lives.

The Democrats, they took people and they destroyed their lives. They went bankrupt because they couldn’t afford the legal fees, and they were good people — many, many people.

So when you ask me that question, all they have to do is — see how nice this weather is? If I made a mistake and said I was talking to the media and it was a little bit rainy, a little bit overcast, they’d say, “Well, we have to do — he lied.”

Let me tell you, I’ve seen what they’ve done to people. I’ve seen how they’ve destroyed people like General Flynn and so many others — what they’ve done to people. No, I did the right thing.

Q You said Mueller did a “horrible job.” (Inaudible) about the report today. Why is that?

THE PRESIDENT: Well, Mueller had no material. Sure. Mueller had no material to work with, and he did a horrible job. Obviously, his presentation was way off. But that’s okay. It didn’t matter. He had no material. There was nothing done wrong. In fact, things were done right. There was nothing done wrong.

And certainly — I mean, look, I read the papers and I read the press and I read the Internet, and if you see what’s going on the Internet, if you listen to the Internet, this was one of the worst performances in the history of our country. So, you know that. You know that very well.

But I don’t think anybody could have done a good performance. He had no material. It was a fake set of facts that the Democrats used — and others — to try and do really an illegal overthrow. But we’re going to find out about that.

Q On the asylum ruling, what does this mean for your plans going forward?

THE PRESIDENT: Well, the asylum is a big —

Q And what are you going to do about Guatemala?

THE PRESIDENT: Say it?

Q What are you going to do about Guatemala?

THE PRESIDENT: So, the asylum is a very big ruling. That was a tremendous ruling today. We appreciate it. We respect the courts very much. That helps us very much at the border. The numbers are way down at the border, which is a good thing. Apprehensions are way down because Mexico has now 22,000 soldiers. And they’re — they mean business because they know what happens; the alternative is not good for them.

It’s also good for Mexico, what they’re doing, because the cartels have been running all of the border for years and years. And Mexico is saying — and the President is saying, “We got to clean it up.” So they’ve got 21,000 soldiers. They’ll probably put up more.

But this ruling today on asylum is a tremendous ruling.

Q What are you going to do about Guatemala? Guatemala. What are you going to do about Guatemala?

THE PRESIDENT: So, Guatemala gave us their word. We were going to sign a safe third agreement and then, all of a sudden, they backed up. They said it was their supreme court. I don’t believe that. But they use their supreme court as the reason they didn’t want to do it.

So we’ll either do tariffs or we’ll do something. We’re looking at something very severe with respect to Guatemala. I’ve already cut all payments; I did that a year ago. I cut all payments going to Honduras, El Salvador, and Guatemala. We used to send them $500 million for nothing. For nothing. They didn’t do anything except set up caravans.

So, Guatemala we’re going to take care of and it won’t even be tough. We’re going to do — we’re looking at a couple of different things. One of the things very heavy is, as you know, Mexico has put 6,000 people on that border.

Q Mr. President, what do you say at the — Robert Mueller, he said that he — that lying from your inves- —

THE PRESIDENT: Let me just tell you something.

Q — Mr. President, he says that lying —

THE PRESIDENT: I know, you’re always — you always have a question.

Q — he says that lying — he said that lying by White House aides and campaign aides —

THE PRESIDENT: You mean my White House aides lied?

Q They said that your White House —

THE PRESIDENT: What about his aides? What about — what about Mueller’s aides?

Q He said that White House aides and campaign aides lied and that your answers were generally untruthful. What do you say to that? He’s accusing you and your campaign of lying.

THE PRESIDENT: He didn’t say that at all. You’re untruthful when you ask —

Q He specifically said, “generally untruthful.”

THE PRESIDENT: You are untruthful. When you ask that question —

Q He completely said that.

THE PRESIDENT: When you ask that question, you’re untruthful. And you know who —

Q But quoting, “generally untruthful.”

THE PRESIDENT: — else is untruthful? You know who else is untruthful? His aides. And Weissmann was untruthful. And Weissmann got caught just like he did with Arthur Andersen, where he lost in the Supreme Court nine to nothing. His aides were very untruthful. And they put Mueller —

Q But were your aides lying and impeding the investigation, Mr. President?

THE PRESIDENT: — and they put Mueller — not at all. They put Mueller in a very bad positon. His aides put him in a very bad position.

And if you were ever truthful, you’d be able to write the truth.

Q Mr. President, have you called Boris Johnson? Have you called Boris Johnson?

THE PRESIDENT: No, I haven’t. No, but I’m very happy. I haven’t called Boris but I’m happy that he won. I’m very, very happy.

Q (Inaudible) indictment for Strzok and Page and the investigators that you are referring to?

THE PRESIDENT: So what happened with Strzok and Page, meaning the two lovers, it’s a disgrace because they had a lot of text messages, and Mueller illegally deleted those text messages. And they didn’t get too much into that because he forgo; he didn’t really know; he didn’t know too much. He didn’t know anything.

But Strzok and Page were texting. Don’t forget, they were the ones with the “just in case she should lose, we’re going to have an insurance policy.” This is the same Strzok and Page. So that was a very, very bad situation. What they did and what Mueller did — he deleted their text messages back and forth, probably thousands of them. That’s a serious problem. They shouldn’t have been allowed to do it.

Q How did Mueller affect the 2020 election? How did Mueller affect the 2020 election?

THE PRESIDENT: I think it’s going to help us because everyone sees now that this thing has been going on for so long. In all fairness to Mueller, this has gone on long before Mueller. This has gone on from sometime after we came down the escalator and I got great poll numbers. Because from the beginning, I was leading. And this really took place sometime right after we came down the escalator — the First Lady and myself. And I will tell you something: I think it’s going to have a huge negative impact on 2020 for the Democrats.

END TRANSCRIPT – 4:42 P.M EDT

Rep. Mike Turner: “Where’s the office of exoneration?”…


Representative Michael Turner, R-Ohio, questions former special counsel Robert Mueller about the location of the “DOJ Office of Exoneration”.  Apparently, it is two doors away from the DOJ Office of Figment, and across the hall from the Department of Wishes.

It’s almost like watching elder abuse; Mueller haz confused.

Afternoon Session: Robert Mueller Testifies to House Intelligence Committee – 1:00pm Livestream…


Re-Posted from The Conservative Tree House on  by 

Today at 1:00pm EST former Special Counsel Robert Mueller will continue his testimony before congress. After a morning of complete embarrassment, the House democrats are now desperate to save their plan.  It’s a hot mess, bigly.

All eyes are on DC as Democrats and Republicans are expected to grill Mueller on connections between Trump, Russia and the DOJ officials who initiated the probe.

The event is being broadcast live via satellite around the world and there are hundreds of options to watch on network, cable TV and Livestream broadcast:

Fox Business Livestream – Fox News Livestream – CSPAN Livestream Link – Global News Livestream Link – PBS Livestream Link – CNBC Livestream Link – CBSN Livestream

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Rep. John Ratcliffe Exposes Weissmann and Mueller’s Twisted Interpretation of DOJ Rules….


Representative John Ratcliffe questions how Robert Mueller presented an investigative finding with no evidence of guilt, yet simultaneously states the investigation “would not exonerate” the President.  Ratcliffe crushed the construct of Mueller and left the biased special counsel speechless and jaw-agape.  WATCH:

“Donald Trump is not above the law, but he damned sure also shouldn’t be below the law”…

Representative Steube Masterfully Exposes Mueller’s Bias Intent Through What He Would NOT Discuss…


Rep. W. Steube, R-Fla., did a masterful job of exposing Mueller’s intentional bias and political scheme through a series of questions that former special counsel Robert Mueller refused to answer.  WATCH:

Gohmert Questioning: Mueller Says He Was “Not A Candidate” For FBI Director During Oval Office Meeting May 16, 2017….


After a few rounds of questioning it is now clear that Robert Mueller was selected by a pre-existing group of DOJ and FBI officials.

Mueller didn’t pick his team; the DOJ/FBI team that was already carrying out the “insurance policy” against Trump, selected him.

During questioning from Representative Louie Gohmert, special counsel Robert Mueller said he was not in the Oval Office May 16th, 2017, for a meeting with President Trump as “a candidate” to be the FBI Director.   And thus a picture gains clarity…

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Unfortunately Louie Gohmert did not follow up with questions about why Robert Mueller was in the Oval Office on May 16, 2017, or whose idea it was for the meeting. However, putting together the information previously provided by Andrew McCabe it’s now likely DAG Rod Rosenstein guided Mueller to the meeting – by telling President Trump one reason; and telling Robert Mueller something completely different.

Mueller implies in his testimony his appearance was to discuss the general qualifications of an FBI Director. Mueller specifically says he was not there as “a candidate” for the position. However, President Trump and Vice-President Pence were advised that Robert Mueller was applying for the job of FBI Director.

Why would there be such a distinct difference?

Answer: Rod Rosenstein.

There is simply no-one else who could create two distinct reasons; other than the man who brought Mueller to the meeting.

It seems clear now that Deputy FBI Director Andrew McCabe and Deputy Attorney General Rod Rosenstein created a fictitious explanation for Mueller’s meeting with President Trump.

Rod Rosenstein told the White House Mueller was coming for a candidate interview. Meanwhile Rosenstein told Mueller he was going to the White House to discuss general qualifications.

Rosenstein and McCabe were essentially carrying out a sting.

FBI Director James Comey was fired on Tuesday May 9th, 2017. According to his own admissions (NBC and CBS), Deputy FBI Director Andrew McCabe immediately began a criminal ‘obstruction’ investigation the next day, Wednesday May 10th; and he immediately enlisted Deputy Attorney General Rod Rosenstein.

These McCabe statements line up with with text message conversations between FBI lawyer Lisa Page and FBI agent Peter Strzok – (same dates 5/9 and 5/10):

(text message link)

It now appears that important redaction is “FLYNN”, “POTUS” or “TRUMP”.  [Yes, this is evidence that some unknown DOJ officials redacted information from these texts that would have pointed directly to the intents of the DOJ and FBI. [WARNINGDon’t get hung on it.]

The next day, Thursday May 11th, 2017, Andrew McCabe testifies to congress. With the Comey firing fresh in the headlines, Senator Marco Rubio asked McCabe: “has the dismissal of Mr. Comey in any way impeded, interrupted, stopped, or negatively impacted any of the work, any investigation, or any ongoing projects at the Federal Bureau of Investigation?”

McCabe responded“So there has been no effort to impede our investigation to date. Quite simply put, sir, you cannot stop the men and women of the FBI from doing the right thing, protecting the American people and upholding the Constitution.”

However, again referencing his own admissions, on Friday May 12th McCabe met with DAG Rod Rosenstein to discuss the issues, referencing the criminal ‘obstruction’ case McCabe had opened just two days before.  According to McCabe:

… “[Rosenstein] asked for my thoughts about whether we needed a special counsel to oversee the Russia case. I said I thought it would help the investigation’s credibility. Later that day, I went to see Rosenstein again. This is the gist of what I said: I feel strongly that the investigation would be best served by having a special counsel.” (link)

Recap: Tuesday-Comey Fired; Wednesday-McCabe starts criminal ‘obstruction’ case; Thursday-McCabe testifies to congress “no effort to impede”; Friday-McCabe and Rosenstein discuss Special Counsel.

After the weekend, Monday May 15th, McCabe states he and Rosenstein conferred again about the Special Counsel approach. McCabe: “I brought the matter up with him again after the weekend.”

Now, overlaying what we know now that we did not know in 2018, to include the John Dowd interview and McCabe admissions, a very clear picture emerges.

On Tuesday May 16th, Rod Rosenstein takes Robert Mueller to the White House to talk with the target of the ‘obstruction’ criminal investigation, Donald Trump, under the ruse of bringing Mueller in for a meeting about becoming FBI Director.

Knowing McCabe launched a criminal obstruction investigation six days earlier (May 10th); and knowing Mueller was ineligible for the position of FBI Director; this “meeting” looks entirely different.  This meeting looks like an opportunity to gather evidence for the obstruction case.

The next day, Wednesday May 17th, 2017, Rod Rosenstein and Andrew McCabe go to brief the congressional “Gang-of-Eight”: Paul Ryan, Nancy Pelosi, ¹Devin Nunes, Adam Schiff, Mitch McConnell, Chuck Schumer, Richard Burr and Mark Warner.

… […] “On the afternoon of May 17, Rosenstein and I sat at the end of a long conference table in a secure room in the basement of the Capitol. We were there to brief the so-called Gang of Eight—the majority and minority leaders of the House and Senate and the chairs and ranking members of the House and Senate Intelligence Committees. Rosenstein had, I knew, made a decision to appoint a special counsel in the Russia case.”

[…] “After reminding the committee of how the investigation began, I told them of additional steps we had taken. Then Rod took over and announced that he had appointed a special counsel to pursue the Russia investigation, and that the special counsel was Robert Mueller.” (link)

Immediately following this May 17, 2017, Go8 briefing, Deputy AG Rod Rosenstein notified the public of the special counsel appointment.

According to President Trump’s Attorney John Dowd, the White House was stunned by the decision. [Link] Coincidentally, AG Jeff Sessions was in the oval office for unrelated business when White House counsel Don McGahn came in and informed the group.  Jeff Sessions immediately offered his resignation, and Sessions’ chief-of-staff Jody Hunt went back to the Main Justice office to ask Rosenstein “what the hell was going on?”….

What was “going on” was a sting.

Robert Mueller Testimony to Congress – 8:30am EST Livestream…


Today at 8:30am EST former Special Counsel Robert Mueller will begin his testimony before congress.  For the first time the former investigator will answer questions about his findings from the 22-month-long investigation into Russian interference in the 2016 election.  All eyes are on DC as Democrats and Republicans are expected to grill Mueller on connections between Trump, Russia and the DOJ officials who initiated the probe.

The event is being broadcast live via satellite around the world and there are hundreds of options to watch on network, cable TV and Livestream broadcast:

Fox Business Livestream – Fox News Livestream – RSBN Livestream Link – Global News Livestream Link – CBC Livestream Link – CNBC Livestream Link – CBSN Livestream

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MAGAnomics – IMF Increases Forecast of U.S. Economic Growth, Simultaneously Downgrades Global Growth Prediction….


This is funny.  No, really, it is actually funny.  Yesterday the International Monetary Fund (IMF) revised its outlook of the global economy.  If you read the IMF prior “dire forecast” from July 17th –yes, only a week ago– you’ll discover the humor aspect.

The IMF is now upgrading their forecast of U.S. economic growth; and admitting -in essence- that President Trump’s America-First agenda is relocating global wealth back to the primary host nation known as the U.S.A.   The increase in their forecast isn’t a small increase, it is essentially adding .3 percent (from 2.3% to 2.6%) or $60 billion more.

However, you’d have to go through two-thirds of the Reuters press coverage of the IMF release; and plow through a littany of doom and gloom; before you found this obscure reference: “The IMF raised its forecast for U.S. economic growth to 2.6% in 2019, but left its 2020 forecast for 1.9% growth unchanged.”   Apparently the economic team at Reuters has a sad… harrumph!

Even the Washington Post, despite their earnest efforts, couldn’t actually put a negative spin on the new IMF projection:

(WaPo) The U.S. economy is growing even more rapidly than initially thought, the International Monetary Fund said Thursday, though it warned that President Trump’s trade war could slow momentum.

The U.S. economy is on track to expand by 2.6 percent this year, the IMF predicted, up from its April forecast of 2.3 percent growth. The increase is largely the result of a better-than-expected start to the year and the Federal Reserve signaling it is likely to lower interest rates.

“The revision to 2019 growth reflects stronger-than-anticipated first quarter performance,” the IMF wrote in its World Economic Outlook, adding that the Fed’s “dovish tilt” has “helped markets regain their poise.”

Last year, the U.S. economy grew at nearly 3 percent. The White House forecasts the nation will hit that level again, but the vast majority of independent economists predicts that growth will cool as the stimulus from the tax cuts begin to wear off. If the IMF projection is correct, it would still be a strong year. (read more)

OK…. So the IMF, which is euro-centric, increases the projected U.S. economic growth for 2019 to 2.6 percent.  They then go on to warn everyone else, that globally the world economy is in a position of weakening, or shrinking etc; and you won’t be surprised at the reason for their negative global forecast.  Of course it’s horrible Trump and his strategic trade reset that’s to blame.   Grumble, grumble, grumble.

However, let me just remain focused on the U.S. growth projection for a moment….  We already know the 2018 U.S. GDP result was +3.1 percent.  So it is worth looking back to 2017 and see what the IMF was projecting for the U.S. in 2018 to see their rate of accuracy:

July 24, 2017 – “The IMF now projects the U.S. economy will grow at a rate of 2.1 percent in both 2017 and 2018, it said in its July update to the World Economic Outlook. In its previous estimate issued in April, the organization predicted the U.S. economy would grow at 2.3 percent in 2017 and 2.5 percent in 2018.

“Over the next two years, U.S. growth should remain above its longer-run potential growth rate. But we have reduced our forecasts for both 2017 and 2018 to 2.1 percent because near-term U.S. fiscal policy looks less likely to be expansionary than we believed in April,” wrote Maurice Obstfeld, the IMF’s chief economist.” (link)

Whoopsie!

The IMF projected 2018 U.S. growth at 2.1% and the actual result was U.S. growth at 3.1%.

Not only did the IMF miss that projection ball-park, they missed the city and state where the ball-park was located.  Missing a forecast for the worlds largest economy ($20 Trillion) by a full percentage point is like a geography expert standing on the equator and pointing North to identify the location of the South Pole.  Yes, it is that ridiculous.

All of that said, the strength of the U.S. economy, and specifically the focused growth that is happening ONLY because U.S. President Donald Trump is directing our economy, is entirely an outcome of Trump policy that reverses decades of neglectful stewardship by  prior politicians who controlled trade and economic policy.

What they did was purposeful.

Indeed, these MAGAnomic results are a big part of the reason why the globalists hate him.

CNBC

@CNBC

Stocks jumped today on news that trade talks between U.S. and Chinese trade negotiators will resume next week. Stronger-than-expected earnings reports also gave the market a boost. The S&P climbed 0.69%, the Dow rose 0.66% and the Nasdaq, 0.58%. https://cnb.cx/2Y9edNi 

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In the bigger picture this is why President Trump is the most transformative economic President in the last 75 years.   The post-WWII Marshall Plan was set up to allow Europe and Asia to place tariffs on exported American industrial products.  Those tariffs were used by the EU and Japan to rebuild their infrastructure after a devastating war.  However, there was never a built in mechanism to end the tariffs…. until President Trump came along and said: “it’s over”!

After about 20 years (+/-), say 1970 to be fair, the EU and Japan received enough money to rebuild.  But instead of ending the one-way payment system, Asia and the EU sought to keep going and build their economies larger than the U.S.  Additionally, the U.S. was carrying the cost of protecting the EU (via NATO) and Japan with our military.   The EU and Japan didn’t need to spend a dime on defense because the U.S. essentially took over that role.   But that military role, just like the tariffs, never ended.  Again, until Trump.

The U.S. economy was the host for around 50 years of parasitic wealth exfiltration, or as most would say “distribution”.  [Note I use the term *exfiltration* because it better highlights that American citizens paid higher prices for stuff, and paid higher taxes within the overall economic scheme, than was needed.]

President Trump is the first and only president who said: “enough”, and prior politicians who didn’t stop the process were “stupid” etc. etc.  Obviously, he is 100% correct.

For the past 30 years the U.S. was a sucker to keep letting the process remain in place while we lost our manufacturing base to overseas incentives.  The investment process from Wall Street (removal of Glass-Stegal) only made the process much more severe and faster.  Wall Street was now investing in companies whose best bet (higher profit return) was to pour money overseas.  This process created the “Rust Belt”, and damn near destroyed the aggregate manufacturing industry.

Fast forward to 2017 through today, and President Trump is now engaged in a massive and multidimensional effort to re-balance the entire global wealth dynamic.  By putting tariffs on foreign imports he has counterbalanced the never-ending Marshal Plan trade program and demanded renegotiation(s).  Trump’s goal is reciprocity; however, the EU and Asia, specifically China, don’t want to give up a decades-long multi-generational advantage.  This is part of the fight.

One could argue that China’s rise happened inside this period, and as a consequence they have no comprehension of an economic history without the institutional advantages.  They’ve never competed with the U.S. under any terms of equivelence or fairness; they’ve only ever known the advantages.  Combine that with the Chinese communist mindset and you get the extreme severity of their position.

So yeah, there’s going to be pain – for them; massive economic pain – as the process of reestablishing a fair trading system is rebuilt.  This dynamic is the essence of reciprocity that benefits Main Street USA.  Unfortunately, putting ‘America First’ is now also against the interests of the multinationals on Wall Street; so President Trump has to fight adverse economic opponents on multiple fronts…. and their purchased mercenary army we know as DC politicians.

No-one, ever, could take on all these interests.  Think about it…  The EU, Asia, World Bank, International Monetary Fund, China, Russia, U.S. Chamber of Commerce, Iran, U.S. Congress, Democrats, U.S. Senate, Wall Street, the Big Club, Lobbyists, Hollywood, Corporate Media (foreign and domestic), and the ankle-biters in Never Trump…. All of these financial interests are aligned against Main Street USA and against President Trump.

Name one individual who could take them on simultaneously and still be winning, bigly.

They say he’s one man.  They say they have him outnumbered.  Yet somehow, as unreal as it seems, he’s the one who appears to have them surrounded.

Incredible.

Lord knows we can’t spare this man.

He fights!

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…. And why we will keep on winning.

McCarthy, Collins, Nunes and Jordan Hold Post Mueller Presser…


House Minority Leader Kevin McCarthy, Judiciary Committee Ranking Member Doug Collins, Intelligence Committee Ranking Member Devin Nunes and Oversight Committee Ranking Member Jim Jordan hold a joint press conference following the testimony of special counsel Robert Mueller.

Credit where due, these guys -together with the entire GOP committee caucus from Judiciary and Intel- were well prepared, on point and sharp today.  Great Job.