When a woman marries her uncle: (1) her husband is her grandmothers son; (2) her daughter is her first cousin; and (3) her mother-in-law is also her “grandmother.”

Keep this in mind as you review:

President Trump is having dinner tonight with Tim Cook, aka “Tim Apple.”  This dinner comes on the heels of USTR Lighthizer announcing a postponement of “next step” 10 percent tariffs against Chinese manufactured products…  Interestingly, the one of the product groups within the delay is personal computers…. Interestingly, Tim Apple was going to launch production assembly of the Macintosh personal computer in China.

To say that Tim Cook has been attempting to define and quantify the strength of President Trump’s tariff position against China would be an understatement.  Even before president-elect Trump took office, Tim Cook was engaged on this specific aspect.

As a responsible steward for the brand, the engagement by “Tim Apple” makes lots of sense. The engaged approach by CEO Cook is what all multinationals should do.  Advocate for their interests; keep an open mind to aspects that are larger than self-interest; keep a respectful seat at the table; and be a responsible steward for his American shareholders.

Ultimately Tim Cook is recognizing President Trump will advance those policies that benefit Main Street and he will avoid policies that do not benefit Main Street. Trump’s Main Street economic patriotism is likely a paradigm shift for Cook; amid a career experience of politicians advancing Wall Street interests.  Hence, the constant evaluation.

Meanwhile, the strength of Main Street employment continues to show up in the data.  Jobs, jobs, jobs drives the Main Street economy.  The BLS data release today shows just how many jobs are being created by the ongoing policy of MAGAnomics.

(BLS) Unemployment rates were lower in July in 6 states, higher in 2 states, and stable in 42 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today.

[…] Nonfarm payroll employment increased in 5 states in July 2019 and was essentially unchanged in 45 states and the District of Columbia.

[…] Nonfarm payroll employment increased in five states in July 2019. The largest job gains occurred in Texas (+35,200), Florida (+22,900), and Washington (+13,400). The largest percentage gains occurred in Utah (+0.7 percent), Idaho (+0.5 percent), and Washington (+0.4 percent).

(Source Data)

President Trump said the MAGA rally at the SNHU Arena in Manchester, New Hampshire, beat all venue records for crowd attendance.

The anti-Trump media nuts immediately went bananas trying to disprove it.  The funny things is, not only was President Trump correct – he underestimated the crowd.

According to the Manchester Fire Marshal there were over 11,500 people inside the arena (pictured above), and around 8,000 to 9,000 outside watching jumbo screens (pic below).  The total exceeds 20,000. The previous record was 11,300 for an Elton John concert.

‘The Trump people wanted the fire marshal to let more people in, and at some point they say no,’ the official said. But there were tons and tons more outside. It’s not like they couldn’t fill the place.’  (via Daily Mail)

On Thursday June 20, 2019, Canadian Prime Minister Justin Trudeau traveled to Washington DC for a meeting with Speaker Nancy Pelosi and democrat leadership.  After the political ideologues held the meeting, Trudeau and Canadian Foreign Affairs Minister Chrystia Freeland tabled the Canadian ratification on the USMCA trade agreement.

It was obvious both groups of avowed leftists agreed to stall the USMCA for politics.

On August 13th White House emissary National Security Advisor John Bolton met with Britian’s Chancellor of Exchequer Sajid Javid, and the public became aware of efforts toward a six month post Brexit U.S-U.K trade agreement that would become effective on November 1st, 2019; immediately the day after Brexit was official.

On August 14th Speaker Nancy Pelosi quickly rushed a press release saying the House would never support that interim U.S-U.K trade agreement, using cover story of worry about Ireland/Northern Ireland peace accord.  Beyond all the talking points the baseline reason for Pelosi’s opposition is Democrats do not support Brexit.  Both the immediacy and the construct of the counter-maneuver by Pelosi were noted. [House in recess].

Immediately after the deal between President Trump and Prime Minister Boris Johnson became public; an intense international media effort began to push a narrative of the “U.S. heading to a recession”.  The group of corporate financial media interests; those who advance the interests of Wall Street and are adamantly adverse to a global trade reset; and the political opposition to Donald Trump, began using a recession talking point in unison.

There is a clear, albeit complex, timeline of Trump’s trade strategy that is evident to those who are following closely.

The confrontation with China is one part; the removal of the back-doors into the US economy (NAFTA) is another part; a looming confrontation with the EU over their protectionist exploitation of one-way tariffs is yet another part.

The strategy to deal with each of the three primary negative trade elements (China, NAFTA, EU) is clear within President Trump’s trade reset.

• Bilateral deals with ASEAN partner nations and simultaneous crushing tariffs on China deals with one problem.  China’s removal of U.S. wealth and jobs is halted.
• The construct of the USMCA, and country of origin for source material and strict enforcement mechanisms, deals with the second problem: NAFTA’s fatal flaw.
• An reciprocal and barrier removing agreement between the U.S. and U.K; which can open a tariff free trade highway between North America and Europe; creates the leverage for Trump (benefit for Johnson) that begins to deal with the EU problem.

In the big picture President Donald Trump has purposefully stalled the process of supply chain globalization and cheap labor evaluation.  Trump is resetting global manufacturing supply chains, with U.S. incentives for relocation.   This is bringing wealth and jobs back into the United States (and North America).

In essence Titan Trump is engaged in a process of: (a) repatriating wealth (trade policy); (b) blocking exfiltration of wealth (main street policy); (c) creating new and modern economic alliances based on reciprocity (bilateral deals); and (d) dismantling the post WWII Marshall plan of global trade and one-way tariffs (de-globalization).

In all of these efforts U.S. multinational corporations, big companies on Wall St, are heavily opposed to President Trump because they have invested in those overseas operations.  Those companies facilitated the loss of U.S. manufacturing jobs.

There is also now a clear alignment between those Wall Street multinationals, and democrats like Nancy Pelosi.   Wall Street’s ability to pay Pelosi and political leadership to protect their multinational interests; in combination with corporate promises of funding to Pelosi’s party; has created the unholy alliance of united interests.

That’s why Nancy Pelosi instructed Justin Trudeau to stall the Canadian ratification of the USMCA.  That’s the motive behind why Pelosi is working to stall, perhaps even eliminate, the USMCA ratification in the House.  This is also why Pelosi reacted so quickly to the framework of a deal between President Trump and British Prime Minister Boris Johnson.

It is a political strategy and calculation for Speaker Nancy Pelosi, and Minority Leader Chuck Schumer to attempt to sink the U.S. Main Street economy.  Weakening Trump’s China confrontation; blocking the USMCA; and impeding a trade agreement between the U.S. and U.K. are part of that calculation.

Prior to this week Hollywood was openly praying for a recession to weaken President Trump’s reelection efforts. However, this week we are now seeing Wall Street, and the media pundits therein, openly cheering for an economic recession for exactly the same purpose.

The aligned interests of Wall Street, media pundits and Democrats are all contingent upon harming the U.S. economy.  That is how severely ideological modern democrats are.

The democrats are willing to destroy Main Street in order to retain power.

There are trillions at stake.

Sunlight is the best disinfectant.