Agriculture Yield Elected Yearly Bearish Reversal


At the end of 2019, we obtained Yearly Bearish Reversals on crop production in many areas. This is lining up with the ECM and it is warning that weather is turning against us for food production. The market tends to focus only on year/year numbers and ignore the trend on a broader perspective.

The USDA 2019 corn harvest had a total production of 13.692 billion bushels, with average yields of 168.0 bushels per acre across 81.5 million acres. This was slightly higher than analysts expected which was about 13.513 billion bushels, based on average yields of 166.2 bushels per acre across 81.350 million harvested acres. USDA’s prior tally was for 13.661 billion bushels, based on yields of 167.0 billion bushels across 81.815 million acres. Nevertheless, the broader trend elected a Yearly Bearish Reversal warning that we may indeed see lower yielding crops as we head into this new Solar Cycle which begins here in 2020 and appears to be poised to be the lowest sun cycle in more than 200 years.

We never elected a Yearly Bearish Reversal in wheat prices. Nevertheless, from the 2016 low, we have elected two Yearly Bullish Reversals. This perspective combined with our models on weather are pointing to higher prices in the years ahead

Dangerous Communists Loud-Mouths!


The Democrat Party is A Clear and Present Danger to our Nation

I watched the latest Democratic debate with a bit of weariness. I knew what they were going to say in advance and they all said it. Each of them suffered from Trump Derangement Syndrome—even Amy Klobuchar, who is due back at the Senate for the impeachment trial—and her mind is already made up. They all think the president is a danger to the country. 

Democrat’s Always Project- James Carville appeared on MSNBC’s Hardball and stated:

“Trumpism is the greatest threat this country has faced since the fall of communism” and Republicans cannot ever be trusted to “save the United States.”

If you replace Trumpism with the Democrat party, Carville gets it right.

The 2020 Democrats all agree on the climate change narrative. Even the so-called ‘moderate,’ Joe Biden, favors the Green New Deal. Shutting down the fossil fuel industries would cost hundreds of thousands of blue collar jobs. The same blue collar workers that Joe claims love and support him. A total restructuring of the nation’s economy doesn’t sound moderate to me, but apparently the left is the new moderate in the Democrat Party.

On the far left we have the shrill Elizabeth Warren (aka Pocahontas) who wants free health care and higher wages for all, free college, free day care and prescription medicines and oh—she wants to lower our national debt while doing it.

The old communist Bernie Sanders brings up the far, far left. He might call what he’s pushing ‘Democratic Socialism,’ but his goal has always remained the same. Everything will be free and everything will belong to a gigantic government with a labyrinth of bureaus and ministries, which he and his comrades would control. This is of course a recipe for disaster. If people get free stuff regardless of how hard they might work, well, eventually they’ll stop working hard. To make people work harder, communist governments often resort to force. Stalin used fear, gulags, and executions. Regardless, in his quest for equality, Bernie would make sure everyone is equally poor.

The crazy commie admired the old Soviet Union, Castro, and supported the Sandinistas in Nicaragua. Some of his staffers even think gulags and reeducation camps will be good for Trump supporters. A failed carpenter in his younger days, Bernie worked hard only at running his mouth. Now he leads the field going into the Iowa caucuses early next month. The lure of free stuff remains strong among the ignorant. Someone needs to remind them that nothing is free and freedom must be fought for.

I will fight against Bernie with cartoons. He is a true danger to the country.

—Ben Garrison

On Same Night Iran Fires Missiles – Ukraine Passenger Flight Leaving Tehran Airport Crashes Killing 170….


Horrific coincidence that might not entirely be a coincidence.  A Ukraine 737 Airliner, Flight 752 from Tehran to Ukraine, is lost shortly after take-off.  The incident takes place only hours after Iran fires ballistic missiles into Iraq targeting U.S. bases.

Video of the plane crashing shows the airliner in flames as it nears the ground and explodes.  Some preliminary reporting indicated the flight might have been accidentally shot down by Iranian anti-aircraft defenses.  [Note: All early details are sketchy]

(Via Daily Mail) A Ukrainian passenger plane carrying 170 passengers and crew has crashed near Tehran just three minutes after takeoff.

The plane had taken off from Imam Khomeini International Airport when it suffered ‘technical problems’, Iranian State TV reported.

Unverified video footage tweeted by the BBC’s Iran correspondent, Ali Hashem, appeared to show the plane burning in the sky before crashing in a huge explosion.

Flight information shows Ukrainian International Airlines flight PS752 – a Boeing 737-800 – taking off at 2.44am UTC (6.14am local time) and reaching a height of 7,925ft before the data abruptly ends.

An investigation team was at the site of the crash in southwestern outskirts of Tehran, Iran’s civil aviation spokesman Reza Jafarzadeh told the Associated Press. (read more)

Global Times

@globaltimesnews

Iran plane crash: Video captures Boeing 737 plane on fire before crashing near Shahriar.

Embedded video

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Kassy Dillon

@KassyDillon

Nothing is confirmed yet. https://twitter.com/alhadath/status/1214758196511985664 

الحدث

@AlHadath

#إيران — أنباء عن سقوط الطائرة الأوكرانية نتيجة إصابتها بصاروخ إيراني عن طريق الخطأ

296 people are talking about this

TheLastRefuge@TheLastRefuge2

Crazy coincidences… https://twitter.com/Breaking911/status/1214756628588834821 

Breaking911@Breaking911

BREAKING: 2 Strong ‘Earthquakes’ Have Struck Iran In The Past 2 Hours; The First a Preliminary Magnitude 5.5 & The Second a 4.9 – USGS

339 people are talking about this

The Washington Post

@washingtonpost

Ukraine-bound Boeing passenger plane with at least 170 people onboard crashes in Iran https://www.washingtonpost.com/world/ukrainian-passenger-plane-with-180-crashes-in-iran/2020/01/07/7e214eb4-31cc-11ea-91fd-82d4e04a3fac_story.html 

Ukrainian passenger plane with 180 crashes in Iran

The Boeing 737 suffered technical difficulties soon after takeoff, according to media reports.

washingtonpost.com

377 people are talking about this

*Update* REPORTS: Iran Launches Short-Range Missiles into U.S. Bases in Iraq…


UPDATE: Response from President Trump

There is a big difference between “rockets” being fired, and ground based “missiles” being launched from inside Iran.  Stay aware initial reports are often wrong or misleading.

Breaking Reports are confirming that several “short range” and/or “cruise” missiles are being fired into “multiple” U.S. bases in Iraq.  U.S. officials are confirming missiles from Iran have targeted Al Asad Air Base in western Iraq (Western Anbar Desert), and U.S. forces in Erbil – northern Iraq.

CNN is reporting President Trump was briefed on the “rocket” attacks, according to White House press secretary Stephanie Grisham. “We are aware of the reports of attacks on US facilities in Iraq. The President has been briefed and is monitoring the situation closely and consulting with his national security team,” Grisham said.

(VIA ABC) – Multiple missiles have been launched into Iraq from Iran targeting American bases.

“This morning, courageous fighters of the IRGC’s Air Force launched a successful operation called Operation Martyr Soleimani, with the code ‘Oh Zahra’ by firing tens of ground-to-ground missiles at the base of the terrorist and invasive US forces,” the country’s state-run news outlet ISNA reported.

A U.S. official confirms to ABC News that ballistic missiles have been fired from inside Iran at multiple U.S. military facilities inside Iraq on Wednesday morning local time. The facilities include Erbil in northern Iraq and Al Asad Air Base in western Iraq, the official said. (link)

Stephanie Grisham

@PressSec

We are aware of the reports of attacks on US facilities in Iraq. The President has been briefed and is monitoring the situation closely and consulting with his national security team.

13.2K people are talking about this

POLITICO

@politico

Iran state TV says Tehran has launched “tens” of surface-to-surface missiles at Iraq’s Ain Assad air base housing U.S. troopshttps://www.politico.com/news/2020/01/07/tehran-fired-iraqi-base-us-troops-095815 

Iran fires at Iraqi base housing U.S. troops, warns U.S. not to retaliate

State TV described it as Tehran’s revenge operation over the killing of Qassem Soleimani.

politico.com

249 people are talking about this

Jennifer Griffin

@JenGriffinFNC

I am told from US official these are short range ballistic or cruise missiles being fired from Iranian territory at multiple US bases and targets inside Iraq. https://twitter.com/jengriffinfnc/status/1214687328515624962 

Jennifer Griffin

@JenGriffinFNC

From senior US military source in Iraq:
“Under missile attack from Iran. These are either cruise missiles or short range ballistic missiles. All over the country.”

2,092 people are talking about this

( VIA CNN ) At least 10 rockets hit al-Asad airbase in Iraq, which houses US forces, a Sunni commander of the paramilitary forces in a nearby town told CNN.

Qatri al-Obeidi, a commander in the nearby town of al-Baghdadi, said that the shelling has stopped for now. President Donald Trump visited the base in December 2018 to visit troops after Christmas. Vice President Mike Pence also visited the base in November 2019. The attack follows last week’s deadly US drone strike that Trump ordered to kill key Iranian General Qasem Soleimani.

Iranian state TV reported that the Iran’s Islamic Revolutionary Guard Corps, or IRGC, “has hit U.S. Ain al-Asad airbase in Iraq with tens of missiles.” The IRGC warned the US of of more “crushing responses in case of new aggression,” according to state TV. The IRGC said it will target any regional state that becomes a platform for US aggression, a second banner on state TV read. (LINK)

Obviously the Iranian government is taking their lead from favorable U.S. media and Democrats in congress who will come to their defense.   If Iran has launched ground-based missiles from inside their country, it would be a major escalation.

Stay frosty…. wait to see exactly what Iran has done.   If they kill Americans, there will be a massive U.S. response that will likely be far more overwhelming than Iran would predict.

Defense Secretary Mark Esper Holds a Press Briefing….


Earlier today U.S. Defense Secretary Mark Esper held a press briefing. Video below. When the transcript is available it will be posted HERE.

MAGAnomics – U.S. Trade Deficit Drops 8.2% in November to $43.09 Billion…


The Bureau of Economic Analysis (BEA) has released Q4 (November) import/export data showing a considerable drop in the U.S. trade deficit. [Release Here]  Exports increased approximately .7 percent ($208.6 billion) while imports dropped one percent ($251.7 billion.  Lowering the overall trade deficit to $43.1 billion.

While the pundits are surprised at the strong result, it should not come as a surprise to many CTH readers.  During Q2 (June) and Q3 (July, Aug, Sept) the rate of GDP growth was impacted -in part- by inflated U.S. purchases as companies bought holiday merchandise earlier than normal.  This was an effort to avoid looming tariffs, and as a result companies increased their overall inventory.  We predicted Q4 purchases (Oct, Nov, Dec) would be lower specifically because of this backlog of retail inventory.

With the massively successful holiday season now over, those inventories have sold.  Specifically because the value of imports are deducted from the GDP calculations, there will likely be a much stronger Q4 GDP growth resulting from less import activity.

The Wall Street financial pundits are too focused on the multinational side of the ledger; and they simultaneously don’t review data from a Main Street perspective; therefore they don’t see -or pretend not to see- the common sense equation staring them in the face.

(VIA CNBC) The U.S. trade deficit fell more than expected in November ahead of negotiations with China that cooled the simmering tariff battle between the two sides.

The shortfall in goods and services declined to $43.09 billion for the month, below the $43.6 estimate from economists surveyed by Dow Jones. That represented the lowest deficit since October 2016. That was down sharply from $46.9 billion in October, which was revised lower from an initially reported $47.2 billion.

President Donald Trump has made reducing the trade deficit a major priority of his administration, and November marks the first month that it actually happened. The gap had continued to grow despite the White House’s intense pressuring of Beijing to loosen its trade barriers and to stop appropriating U.S. technology.  (read more)

The U.S. economy is very strong.  Strong U.S. consumer sales drives GDP growth.  Combine consumer spending with with lower imports, meaning less deductions from overall economic activity, and the rate of GDP growth will expand in Q4 much more than anticipated.

The long-term trade situation continues to reflect the seismic shift away from Chinese manufacturing.   This trend began exactly after President Trump visited the ASEAN partners back in November 2017:

U.S. multinational investment in China is continuing to shrink.  This outcome is exactly what the America First policies are designed to create.  The purpose of redesigning the USMCA was to make investment in North America the better choice.  With the passage of the USMCA we will see the results rather quickly (all things considered).

Wall Street banks and international investment groups have been waiting to calculate the location for the best return.  The better returns on capital investment will come from North America.  The USMCA is designed to enhance manufacturing in the U.S, Mexico and Canada.

Several aspects of the total cost of production (TCP) are now better in North America: (1) abundant raw materials; (2) lower energy costs; (3) lower shipping/transport costs; (4) decreased regulatory costs; (5) the absence of import tariffs; and finally, (6) competitive corporate tax rates.

Combine all of those production measures/costs, and any lower labor costs in Asia are more than offset in the total cost of producing goods in North America.  Additionally, regional economic stability is a big factor (compare to ongoing EU fluctuations and uncertainty).  And don’t forget the USA is the market they need.

It is quite remarkable that President Trump has been able to produce these results in less than one full term in office.  Factually, and specifically on the economic outcomes, we are starting to see the difference between having a businessman running the executive branch as opposed to decades of professional politicians.  The results simply speak for themselves.

Looking forward…. Beyond the USMCA, the China ‘phase-one’ deal is more focused on enhanced exports; that too will drive economic growth.  With the Hong Kong crisis visible, the future of Wall Street now looking unfavorably upon the communist regime shows no signs of changing.

There is just too much risk associated with China now; no-one really expects Beijing to change their ways; and the USMCA provides a structurally solid and stable alternative.

That puts the EU into the mix as the next area of focus.  Because the constructs of all current trade agreements with the EU are so one-sided (Marshal Plan), any renegotiated trade agreement based on reciprocity is a loss for the EU and a gain for the U.S.

Sec. Wilbur Ross

@SecretaryRoss

Today’s @BEA_News data shows the U.S. trade deficit declined 8.2% in Nov from the previous month to its lowest level since 2016 w/ continued growth in good & services exports. More great news for American biz & the @realDonaldTrump economy! https://www.nytimes.com/reuters/2020/01/07/business/07reuters-usa-economy-trade.html 

U.S. Trade Deficit Drops to More Than Three-Year Low

The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade war with China, and exports rebounded,…

nytimes.com

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Rush Limbaugh Interviews President Donald Trump – Transcript and Audio/Video


Earlier today President Trump called in to the Rush Limbaugh show for an interview about current political events.  [Transcript Below]

RUSH: Welcome back the EIB Network, and Rush Limbaugh back at it after a couple of weeks off for Christmas. Not much happening. We are happy to have here with us the president of the United States, Donald Trump. It’s so great to have you back here, sir. Thank you for joining us.

THE PRESIDENT: Well, thank you, Rush, very much.

RUSH: Okay. I have had a lot of people say to me — they’re reacting to the media reaction of the action we took, that you took against the Quds Force commander in Iran. Mr. President, people are being scared to death, their kids are being scared to death out of their minds that somehow this is gonna start World War III, that we are now more unsafe than we have ever been. Could you explain to people why what you’ve done here makes us safer, why it was necessary, and why what we did was right.

THE PRESIDENT: Well, this should have been done for the last 15 to 20 years, him in particular. He was their real military leader. He’s a terrorist. He was designated a terrorist by President Obama, and then Obama did nothing about it except give them $150 billion and — even more incredibly — $1.8 billion in cash. You hear me talking about that all the time, and you talk about it all the time. He gave them all this money. He never wanted to do anything about it. President Bush should have taken him out. He’s responsible for the IEDs.

Those are the roadside bombs and the bombs that blow up all over the place — and then the sister, which is the big one, the big version, that actually knocks out tanks and kills everybody within earshot. A really horrible weapon. He’s responsible for all those incredible young people over at Walter Reed — where they do such a great job, by the way — where they lose their arms and their legs and all. He gave so much of that technology. Much of that stuff was made in Iran. And he should have been taken out a long time ago. And we had a shot at it, and we took him out. And we’re a lot safer now because of it. We’ll see what happens. We’ll see what the response is, if any. But you’ve seen what I said our response will be.

RUSH: Well, yeah.

THE PRESIDENT: Our country is a lot safer, Rush.

RUSH: They said they’ve got 21 targets they’re looking at, and you came back and said, “Fine. I’ve got 52 of yours.” I don’t think that they are accustomed to a president like you, sir. I mean, you just mentioned it. Obama basically appeased them. Obama worked with this guy on the Iranian nuclear deal. What…? A lot of things had to surprise you when you assumed office and found out some things that had been done previously in policy. What was the purpose of American policy with Iran prior to your presidency?

THE PRESIDENT: I don’t think they had a purpose. I don’t think they knew what was happening. Why did he give them $150 billion, much of it going back into terror? If you look at what’s happening…

When I first came into office, I went to the Pentagon, and they showed me 18 “sites of confliction,” meaning conflict, over there. And every one of them was started by Iran, either their soldiers or they paid for soldiers, soldiers for hire. I have no idea what they tried to do with appeasement.

And I can tell you, the Logan Act… If there was ever an act that should have been used, they should look at the Obama administration and John Kerry, the Logan Act, because what he was doing with Iran and the relationship that they built up and the things that he said, I would certainly love to see that be looked at because I think John Kerry was… Personally, I think he was advising them. I think that the Obama administration was just letting them get away with murder — in the true sense murder.

And, you know, right after they made the deal, it wasn’t like they were respected. They treated the United States worse than ever before. In fact, I said, “At least give him a little respect,” because they treated… They got worse. They actually got more hostile. They took the $150 billion and they took the $1.8 billion in cash, and they got worse. And if you remember, right before the payment was made, they took 10 sailors.

And they humiliated those sailors, and they humiliated our country with the sailors down on their knees. And the only reason they released them was they wanted their first payment. It was just before the payment. If they had taken them after they got the money, they would have never released them. They’d be there now. Well, they would be there now with me. But they would be there for a long period of time. But you remember the 10 sailors that were —

RUSH: Yeah.

THE PRESIDENT: — 15 feet across the line, probably they weren’t. They don’t even know if they were in Iranian waters. But they said they were slightly in Iranian waters. So they humiliated them. But they released them because the money was due the following day, and they said, “Oh, we don’t want to…” Hey, why should they turn down $150 billion over the 10 sailors? But they humiliated those sailors and our country.

RUSH: Well, he also lifted sanctions on Soleimani as part of the Iran deal. And it looks like, to me, anyway, that Obama looked and that administration looked at building Iran up as some way stabilizing the region. As though Israel’s not the good guys, as though we’re not the good guys, that Iran needs to be made stronger — this is what they believed — otherwise that whole region is kind of a tinderbox. But the thing that really is true about this is the Middle East has changed in priority. Because of the massive improvements made in domestic energy in the United States, we’re no longer dependent on that region.

THE PRESIDENT: Right. Right. Well, it’s right, and one of the things that changed… I know you talk about it. If you go back 10 years or eight years or maybe even five years, Israel was the king of the Congress, right? Our Congress protected Israel and fought for Israel. Now you look at the way the Democrats in Congress are treating them, where you have AOC and you have Tlaib and you have Omar, and they are actually, you know, anti-Semitic. They are totally against Israel. The things that they’ve said…

You go back to the past and you look at the things that they’ve said about Israel and Jewish people, it’s incredible. Ten years ago, that would have been unacceptable. It would have been… It would have been… Nobody could have even believed it. I still can’t believe it! You know, I’m a little bit old-fashioned, right, in that sense, ’cause I’ve grown up and there was always great protection and reverence for Israel, and now it’s the opposite. In the Democrats, it’s almost… It’s almost a negative. They’re going out and what they do for Tlaib and what they do for Omar — Representative Omar, Minnesota — and AOC, I think it’s incredible the way they talk about Israel. It just was unthinkable to do that 10 years ago and sooner.

RUSH: I actually think that you’ve had a role in driving them even more insane than they were. Let me give you some evidence. Let’s go back to the day you came down the escalator and announced your candidacy. You announced the slogan Make America Great Again, and all of a sudden, Make America Great Again becomes some wildly controversial prospect. And I’m asking myself, “What in the world is controversial at all? How can anybody disagree with America being great, becoming great, remaining great?” and yet it was. How do you explain that?

THE PRESIDENT: Well, you know, politics has changed a lot over the last couple of years. For instance, I want low taxes. They want to raise your taxes. How do you think that works? I couldn’t win as a politician. I don’t think Abe Lincoln could win as a politician. Borders. They want open borders. When you see the people that we’re sending back and we’re capturing now at record levels, in many cases they’re murderers and they’re people, they’re drug dealers, and it’s incredible. They want open borders. That means all of these people are gonna be pouring in.

And, of course, good ones will come in too. But you have tremendous numbers of really bad people, including murderers and rapists and others. They want open borders. They want sanctuary cities. They don’t want a strong military based on everything — I mean, we have to fight like crazy to get the strong military, and we have to give up things that we wouldn’t give up if we had the House, as an example, if we were able to have enough. You know, we’ve always needed their vote because it was always very close.

In fact, the first two years we had a very, you know, tiny majority, so we always needed their votes. But when you see they want higher taxes, right? They want much more regulation. You know, I cut regulations more than any president in history by far, even though they were there for four and eight years and in one case more than that, we’ve got the all-time record, that was probably as important or more important as the tax cuts, the biggest — including Ronald Reagan, the biggest tax cut we’ve ever had.

And we’re actually taking in more revenue now than we did when we had the higher taxes because the economy’s doing so well. But, you know, when you see them with open borders, Rush, you say — and sanctuary cities and all of these other things, you say, “Where are they coming from?” Well, Israel is sort of the same. I put that in that same category. As far as I’m concerned, they’re anti-Israel, totally anti-Israel.

RUSH: Well, it’s always perplexed me that you have drawn them out. They have now — with Twitter in the past two or three days since the attack on Soleimani, you literally have the Democrat Party and elements of that party openly supporting Iran, an enemy of the United States, openly supporting the terrorist actions of that country, and this is a country that beheads homosexuals and transgenders –

THE PRESIDENT: Yeah.

RUSH: — and has no human rights for the very constituency the Democrat Party claims to represent. Yet here they are tweeting their support for these people –

THE PRESIDENT: Right.

RUSH: — simply in opposition to you.

THE PRESIDENT: That’s amazing. Like, as an example, take the wall. They were always for the wall. And then I wanted it, and they went against it. In fact, I said if I had it to do again, I would have come out totally against the wall and I would have gotten their votes. Okay? All I had to do was come out against the wall. “I am opposed to building the wall.” And we would have gotten all the votes we needed.

No, it’s almost like they’ll try and do whatever is the opposite. I think they’ve lost their minds, you want to know the truth. I really do. It’s a terrible thing to say. Nobody’s ever seen anything like it. Like even impeachment hoax, you take a look at that, and they have nothing, they have nothing. With one of the biggest investigations in history, they found nothing, the Mueller report, they found absolutely — think of it — they spent $45 million, two years, it’s a hoax.

They spent all of that time, all of that money, had brilliant people that happened to be, you know, very, very — they were crazed — they were crazed. I mean, these people were dying to find something on Trump. They found nothing. I think there’s very few people that you’ve ever met who could have had that. They had so many investigators, they were calling people that I haven’t seen in years, and they got nothing.

Think of that, nothing. Very few people — and, by the way, I’m sure they looked at my taxes, they looked at everything you had to look at, they looked at everything. And $45 million, and much more than that in the true sense, you know, the real sense, it was much more than that. And they had 18 — I used to call them 13 angry Democrats, but they increased it to 18 angry Democrats –

RUSH: Full party.

THE PRESIDENT: — and very smart. Many were tied up with Clinton. They were involved with Clinton. But these people couldn’t find anything on Trump. They would have loved — if I had a parking ticket, it would have been a major story. They found nothing. Even I was very impressed with how clean I am, Rush.

RUSH: You ought to be. You may be cleaner than any previous president that we could think of. Anyway, I gotta take a quick time-out. We have President Trump with us for the remaining part of the program, the last of the half hour, and we’ll continue with him right after this.

BREAK TRANSCRIPT

RUSH: And we are back with President Trump. You mentioned the impeachment hoax. Nancy Pelosi has not delivered these two articles of impeachment that are, frankly, both of them are jokes. What do you suspect is happening here with this? What is the politics of this? What are they trying to achieve here? I mean, I know throw you out of office and all, but what’s the point here, not sending these articles over?

THE PRESIDENT: Well, I think what they’re trying to do is affect the election illegally. That’s what they’re trying to do. But the reason that they’re not sending it because they’re — they are a joke. They are not crimes. There is nothing there. They found nothing. We went through two years of a Mueller report, you know that better than anybody, nobody covered it better. And we went through two years —

RUSH: I think I’m more frustrated by it than you are. You’ve had to deal with it. But it makes a lot of us livid —

THE PRESIDENT: Yeah.

RUSH: — because there’s nothing, everything to this has been made up. It’s worse than a hoax, the first part of it was a coup, and this is just the continuation of it.

THE PRESIDENT: Yeah, it’s so sad for our country. I mean, think of it. We’re fighting with Iran, we’re fighting with all of these different places, and in many cases doing great, making trade deals, doing so good, our country is doing so good, but I have to spend and my team has to spend time on this stuff. They found nothing. Just think of that. For two years an unlimited budget, unlimited talent and they found nothing, and they came up with two articles that aren’t even a crime.

RUSH: Well, there was nothing to find. It was all made up. I mean, that’s the frustrating thing here. It was all made up. There was nothing to find. There was nothing to investigate.

THE PRESIDENT: They created a situation that was false, that was fraudulent, and then they investigated the false, fraudulent situation, and they found nothing. It’s hard to believe. The whole thing’s hard to believe. And now on top of it, they come up with two articles and they put it before — now, what happened is she doesn’t want to get a vote because how can anybody possibly — it’s totally partisan. You know, this is not what they had in mind as they call them the founders, right, they keep saying the founders, founders, but the founders didn’t have this in mind. You understand, it’s like I’ve never heard the word “founders” so much in my life.

RUSH: They don’t have anything in common with the founders anyway.

THE PRESIDENT: Yeah. We got I guess 196 or 197 to nothing with the Republican Party, plus we had three Democrat votes, and one person actually left the Democratic — the Democrat Party over it and joined the Republican Party, as you know.

RUSH: Speaking of which, the Republican Party hasn’t been this unified in I don’t know how long.

THE PRESIDENT: Never. It’s never — they say maybe never. And one thing I gave the Democrats credit for, they’ve always been very vicious, and they — and that’s not necessarily a good thing, but what is a good thing is they always stuck together. And here the Republicans stuck together even better than the Democrats. So we had, like, 196 or 197 to nothing. It’s unheard of. You know that because they’re always breaking off and — I don’t know — and this is really for 70 years, 80 years, you know, for some reason it’s in the DNA, they just don’t seem — and in this case they have been so good. And I think the Senate will be the same way ’cause the Senate knows it’s a hoax. Everybody knows it’s a hoax.

RUSH: The Republican Party’s now the party of Trump, I mean, there’s no question about it.

THE PRESIDENT: Well, I just think it’s the party of common sense. You know, I view it — somebody said, “Are you conservative?” Well, I’m conservative, but I think it’s common sense. It was — like what we did two days ago with this horrible terrorist. He was a terrorist, you know, they don’t want to call him a terrorist. Now the Democrats are trying to make him sound like he was this wonderful human being.

RUSH: He was a poet. Yeah, he was a poet.

THE PRESIDENT: Yeah, he’s a poet.

RUSH: He’s reading poetry out there.

THE PRESIDENT: Well, when you read the New York Times and you read the Washington Post, that are totally fake newspapers, by the way, that would have both been out of business except I won, I wonder what happens in — hopefully in five years, right? Hopefully in five years. But I wonder what happens to those newspapers. Who knows. But they do well now, although if you look at the unfunded liability probably they don’t do so well.

But you look at what they write, it’s so fake, it’s so phony, and now they’re trying to build him just like they did al-Baghdadi. Al-Baghdadi was the number one terrorist in the world. We got him. They wrote very little about it, relatively speaking. That story disappeared very quickly, as you know. But they tried to build him up into a relatively wonderful man. He was a total bad guy –

RUSH: Yeah.

THE PRESIDENT: He founded ISIS. He was doing it again. He was trying to do it again. You know, I wiped out ISIS. During our administration, we wiped out the entire caliphate — a hundred percent of the caliphate — and we wiped him out and, you know, got little credit. But our people know that we did it, Rush, because of people like you and Sean Hannity and Mark Levin and so many others. Your friends at Fox & Friends in the morning are so good. You know, people are getting it. They really get it. And because of social media and my Twitter. Without Twitter, I think we’d be lost. We wouldn’t be able to get the truth out.

RUSH: Yeah, that’s a good point. People still say to me, “You need to ask him to stop tweeting so much.” I tell ’em, “Look, it’s the only way he can get his message out, and it’s not a negative at all.” People say, “He needs to dial back the drama, needs to dial back the chaos.” I disagree with that talk.

THE PRESIDENT: Yeah.

RUSH: I think you’re doing exactly what you have to do, given the circumstances presented to you.

THE PRESIDENT: Well, I wish I didn’t have to do it. I wish we had legitimate newspapers and legitimate media. We don’t. I mean, it’s… Much of it is really… I call it corrupt. It’s the corrupt media. It’s — and, you know, it’s very interesting. You understand this better than anybody. If they do a story on me, I immediately know if it’s false or not false — and I don’t mind a bad story if it’s right. But I know. A person reading the story doesn’t know that it’s false, so I’m able to tell ’em through social media.

RUSH: Right.

THE PRESIDENT: I don’t even call it Twitter. I call it social media, ’cause it goes to everything. You know, it goes to Facebook, it goes to Instagram, and we have hundreds of millions of people. You know, we have a tremendous amount of people. Just on one site I’m up to, I guess, close to 70 million people.

RUSH: Yeah, they’re jealous as they can be of that too.

THE PRESIDENT: Now, for Facebook, I had dinner —

RUSH: Of course they want you to stop.

THE PRESIDENT: I had dinner with Mark Zuckerberg the other day, and he said, “I’d like to congratulate you,” in front of a large group of people. So I’m not… (chuckles) But he said, “I’d like to congratulate you, you’re number one on Facebook,” and, you know, it’s incredible, and that’s —

RUSH: Wait a minute! Wait a minute. You had dinner with Zuckerberg?

THE PRESIDENT: I did. I did. I had dinner with him.

RUSH: Oh-ho! Wait ’til the world finds out about that.

THE PRESDIENT: Oh, I know.

RUSH: I guess they just did.

THE PRESIDENT: You have semi-breaking news. I guess a couple of people might have reported it but they’re not like you. So I just got a list, the TSL Power 50. The number one show on radio has a guy named Rush Limbaugh. Did you ever hear of him, Rush Limbaugh?

RUSH: (laughing)

THE PRESIDENT: Number 1. Have you? This is the 50 “most influential and listened to streaming talk show[s] in the country,” Rush Limbaugh number 1. So I hope you saw that. But now we’ve just made your interview.

RUSH: (laughing)

THE PRESIDENT: But your viewers have to know that. Your listeners have to know that. Number 1. Great job.

RUSH: Thank you, sir. You know, your timing is impeccable. You’re a broadcast specialist from The Apprentice and so forth, and you’ve gotten right up to the break here. I can’t thank you enough for this. I wish we had even more time. People love you, sir —

THE PRESIDENT: Well —

RUSH: — and they are grateful, and they know that you still are focused on them —

THE PRESIDENT: I love ’em.

RUSH: — that you’re still implementing the agenda that you ran on.

THE PRESIDENT: I love ’em. I love ’em, Rush.

RUSH: They know that too. Thank you so much for your time and have a great, great rest of this day and year.

THE PRESIDENT: Well, thank you. Thank you.

RUSH: I hope it’s the greatest year of your life, sir.

THE PRESIDENT: Well, thank you very much, Rush, and thank you for everything, and congratulations on your incredible success. I really… It’s so important for this country what you do. Thank you very much, Rush.

RUSH: Thank you, sir.

THE PRESIDENT: Thanks. Bye.

Nuts – McCabe Brief Against 2018 Firing Claims Trump Calling Him “Dirty Cop” December 2019 is Proof of Bias…


Nuttery.  Abject Lawfare nuttery.  Former FBI Deputy Director Andrew McCabe lied four times to internal FBI investigators, three times under oath, in 2017.  This led to his firing in March 2018.

(Source)

In a remarkable act of hubris, in late 2018 Andrew McCabe sued the DOJ for wrongful termination through Lawfare lawyer Michael Bromwich.  The legal argument was/is essentially that McCabe was allowed to lie to FBI investigators because he was the head of the FBI (an employee of the agency).

In response to the McCabe lawsuit the DOJ filed a motion for summary dismissal due to McCabe’s lying, and an Office of Professional Responsibility (OPR) affirmation, saying the termination was valid.

In today’s response motion opposing the summary judgement [cloud pdf here], using a new batch of lawyers, McCabe’s legal team argues President Trump called McCabe a “dirty cop” last month, and that proves McCabe’s firing in March 2018  was wrongful.

Yes, that is their argument.

Here’s the embed pdf of the filing:

.

 

Hillary Clinton Tops Biden in New Poll: In Frozen Field Democrats Can’t Let It Go


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Visit The Patriot Post: America’s News Digest http://bit.ly/34IlCHt —– A new Harvard Harris poll shows Hillary Clinton tops Joe Biden in a theoretical race — a theory which the former FLOTUS is doing everything she can to nudge toward reality. Will her personal grassroots Draft Hillary movement break up the frozen field of Democrat presidential contenders. After years of disappointment, crowned by the 2016 #HillaryFAIL , why can’t Democrats let it go? Right Angle is a production of the paying Members who want to see these ideas spread. They also enjoy Members-only content and features at our website. – Become a Member and find your people at https://BillWhittle.com/register/ – Support us on Patreon: https://www.patreon.com/billwhittle – Listen to our shows on the go with your podcast app: http://bit.ly/BWN-Podcasts – Watch us now on Amazon’s Fire TV by downloading the Bill Whittle Network app. http://bit.ly/BWN-FireTV – Ask your Amazon smart device, “Alexa, play Bill Whittle Network on TuneIn radio.” – We’re on Bitchute too: http://bit.ly/BWN-Bitchute

 

NEC Chairman Larry Kudlow Discusses U.S. Economy and Trade Agreements…


National Economic Council Chairman Larry Kudlow appears on Fox News for a discussion of the status of the U.S. economy, the USMCA and the U.S-China trade agreement.

The Wall Street GOPe, positioned primarily in the senate, are preparing to punish the administration for their restructuring of global trade against the backdrop of the senate influence over impeachment.