Sunday Talks: Bob Goodlatte Discusses Turning Over DOJ/FBI Probe to Senate….


Outgoing and retiring Chairman of the House Judiciary Committee, Bob Goodlatte, appears on Fox and Friends weekend to discuss the status of investigations into the DOJ and FBI corruption.

Goodlatte notes the reason for former FBI Director James Comey to refuse to testify to a closed session, and also outlines how the joint House Oversight and Judicary committee will turn over their investigative material to the Senate Oversight (Ron Johnson) and Senate Judiciary (likely Lindsey Graham) committees.

Sunday Talks: Decepticon Roy Blunt Discusses *NEW* Senate Priorities…


Famous for his GOPe role within the “shameful seven” Senator Roy Blunt (U-DC) appears on Fox News to discuss the action priorities of a new senate.  Blunt has been rewarded and advanced by the Decepticon leadership to new power within the chamber.

Similar to the conversation with Liz Cheney, Roy Blunt speaks to the importance of military spending.  [*Important National Security notation*: To the Decepticons, the use of military deployed leverage is viewed as a better option than using U.S. economic leverage (Trump approach); because when President Trump deploys U.S. economic leverage it can impact the Decepticon’s Wall Street donors and K-Street lobbyists.]

Sunday Talks: Liz Cheney Discusses GOPe Priorities…


Newly installed Republican Conference Chairwoman Liz Cheney (U-DC) appears on Fox News with Maria Bartiromo to discuss how the GOPe can best infiltrate the MAGA agenda.

Ms. Cheney outlines how the ‘Prescott-Bush-Stapleton’ Wall Street coalition will openly embrace all of the Trump agenda initiatives because the GOPe are able to hide behind the minority shield once again. [Thus, the dance of the decepticons]

The professionally republican no longer have the power to promote the MAGA agenda, thus the GOPe evolve back into fully embracing border security etc.  It is predictable, albeit eye-opening for some, to watch them morph in real time.

President Trump Interview With Chris Wallace…


President Trump sits down with swamp gatekeeper Chris Wallace for an extensive interview over multiple events. Fox News posts the interview in three segments. Part I:

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Part II:

Part III:

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Howie Kurtz interviews Chris Wallace:

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Democrat Andrew Gillum Re-Concedes Florida Election…


Democrat Andrew Gillum conceded defeat to Republican Ron DeSantis in the Florida Governors race on election night; then the national democrats got hold of him, and Gillum withdrew his concession.  Today, following a recount, he re-conceded the race.

TAMPA, Fla. (Reuters) – Democrat Andrew Gillum … conceded on Saturday, after a recount showed he had no way of catching his Republican rival Ron DeSantis, an ally of President Donald Trump.

Gillum, the 39-year-old liberal mayor of Tallahassee, had initially conceded the race on the night of the Nov. 6 election to DeSantis, a conservative former congressman. But Gillum later withdrew that concession when the results showed the two were close enough to trigger an automatic recount.

“This has been the journey of our lives. We’ve been so honored by the support that we’ve received,” Gillum said in a video statement. “Stay tuned, there will be more to come. This fight for Florida continues.”

DeSantis, 40, said on Saturday on Twitter, “This was a hard-fought campaign. Now it’s time to bring Florida together.”  (read more)

Andrew Gillum

President Trump Receives Briefing From California Wildfire Response Officials….


Boy, is this video ever interesting.  In the first several minutes of the video (briefing) Governor Brown and Governor-elect Newsom are absent.  Likely both are receiving massive inbound communication from their political teams and national democrats who are watching every granular moment/optic for political damage and giving advice.

After Brown and Newsom finally show up, their lack of actual connection to the crisis being explained in front of them is jaw-dropping. Watch their body language, they are oblivious to the actual issues at hand and have no questions for the SME’s. Stunning.  Absolutely stunning.

As a comparative mental exercise in competence.  Compare two states, of similar size, similar populations, amid similar crises.

Contrast Governor Brown in these moments against Florida Governor Rick Scott following the hurricanes.  Brown appears detached, lost, and incapable (perhaps unwilling) to understand the details of the challenge (past and present); whereas Florida Governor Rick Scott was/is entirely engaged, entirely absorbed in the details of rescue and recovery, and entirely understanding of the challenges in each event.

What a contrast.

Commerce Secretary Wilbur Ross Discusses Big Picture Issues…


If you want a prelude to how the democrat/globalist/left-wing political machine is gearing up to disrupt any U.S. economic success, here it is.   With the opportunity to discuss important and consequential economic initiative with Commerce Secretary Wilbur Ross, Yahoo Chief Narrative Engineer, Andy Serwer, runs through a litany of political talking points.

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There has been some banter about the possibility of Wilbur Ross being replaced next year, possibly by Mick Mulvaney.  While all such media speculation should be taken with a grain of salt, this interview highlights the foreseeable landscape of confrontation.

Broadly speaking, the trade-reset initiatives (negotiations) were broken down amid the team of Ross, Lighthizer, Navarro, Kudlow and Mnuchin with Ross in charge of the E.U (East), and Lighthizer covering southeast Asia/China (West); with additional support from the internal teams as needed.

Secretary Ross ran into the quagmire between the U.K. and European Union over Brexit which structurally, and strategically, forbid any substantive negotiations with the U.S. until the Brexit issues were resolved.

The only time the EU cracked the door to discuss trade was when their pre-planned investments in Mexico were put at risk during the USMCA negotiations.   Of course Mr. Serwer never even thought to address these important aspects; preferring instead to focus on the ‘resistance‘ engineer narrative.  A very annoying interview.

Sec. Wilbur Ross

@SecretaryRoss

U.S. Commerce Dept.

@CommerceGov

ICYMI: @SecretaryRoss spoke with @YahooFinance on the state of the U.S. economy, financial markets and infrastructure investment. https://finance.yahoo.com/video/wilbur-ross-more-workforce-participation-142918593.html 

President Trump Impromptu Remarks Departing White House….


While departing the White House for a trip to California, President Trump stops to talk to the media about current issues and answer questions:

AP Calls Georgia Governor Race for Republican Brian Kemp After Democrat Delivers Speech Complaining…


Democrat candidate Stacey Abrams ‘conceded-not-conceded’ the Georgia governor’s race in Georgia after more than a week of vote counting and party anxiety about her inability to generate the needed post-election day ballots to overcome the voter deficit.  Republican Brian Kemp is now the Georgia Governor-elect.

In her nationally televised concession-not-concession remarks, Abrams make it clear that campaign assistance from President Obama and Oprah Winfrey should have entitled her victory.  Alas, now she threatens to sue the State of Georgia for not supporting her.

ATLANTA (AP) — Democrat Stacey Abrams ended her challenge to Republican Brian Kemp in the Georgia governor’s race on Friday, but pledged to fight the former secretary of state’s “gross mismanagement” of the elections with a federal lawsuit.

Speaking defiantly to a news conference, Abrams said her actions did not constitute a concession, but she acknowledged that she had no further recourse under the law and that Kemp would be certified the winner.

“Let’s be clear: This is not a speech of concession,” she said. “Because concession means to acknowledge an action is right, true or proper. As a woman of conscience and faith I cannot concede that.”

Officials from Abrams’ campaign had told The Associated Press on Thursday that the candidate was considering the unprecedented move of invoking a state law that would let her challenge the results based on “misconduct, fraud or irregularities … sufficient to change or place in doubt the results.”  (read more)

The Modern Myth of “Global Markets”…


Reposted by request – There are massive multinational interests inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

When we understand how trade works in the modern era we also understand why the multinational control agents within the current system are so adamantly opposed to U.S. President Trump.  In essence, this is a structural economic battle that is being waged politically.

The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics; for brevity these are called ‘globalists’.

The modern financial constructs of these entities have been established over the course of the past three decades. When we understand how they manipulate the economic system of individual nations we begin to understand why they are so fundamentally opposed to President Trump and their execution of a business plan to influence U.S. politics.

In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar.

Global markets have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.

The same is true for “Commodities Markets”. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.

U.S. President Trump smartly understands what has taken place. Additionally he uses economic leverage as part of a broader national security policy; and to understand who opposes President Trump specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.

Understanding how trillions of trade dollars influence geopolitical policy we begin to understand the three-decade global financial construct they seek to protect.

That is, global financial exploitation of national markets.

FOUR BASIC ELEMENTS:

♦Multinational corporations purchase controlling interests in various national outputs and industries of developed industrial western nations.

♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.

♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA renegotiated; and against the necessary need to support the key U.S. steel industry; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

There are a myriad of interests within each trade sector that make specific explanation very challenging; however, here’s the basic outline.

For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?

Influential people with vested financial interests in the process have sold a narrative that global manufacturing, global sourcing, and global production was the inherent way of the future. The same voices claimed the American economy was consigned to become a “service-driven economy.”

What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.

It’s not.

The process is not natural at all.  It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive financial corporations.

Again, I’ll try to retain the larger altitude perspective without falling into the traps of the esoteric weeds. I freely admit this is tough to explain and I may not be successful.

Bulletpoint #1: ♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.

This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.). This is the basic underpinning of national companies becoming multinational corporations.

Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.

A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)

However, in the modern global world, it’s not just oil; the resource and product procurement extends to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).

Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.

During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.

…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.

National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.

Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

In underdeveloped countries the process of buying political outcome is called bribery. Within the United States we call it lobbying.

With control of the majority of actual lemons the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead. In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.

Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.

Back to the lemons. A corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.

If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.

The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.

The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.

A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.

The production efficiency, the quality and capability of each nation, to produce the  product is independent and proprietary to the businesses within the nation.  In the natural course of national production, not all products are therefore identical; there are variances.

Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.

The outputs are now almost identical regardless of the producing nation.  The processes used for a specific manufacturing sector output in the U.S. are now the same processes used for production in Mexico, or South Korea, or China etc.  Any technological efficiency gains are quickly purchased by the multinational and distributed internationally.

[Edwards Demming was a U.S. industrial expert who went to Japan following WWII and taught them the best processes for industrial manufacturing.  Japan embraced the teaching and instituted an improvement process called “Kaizen“.]

Back to lemons – EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC these multinational corporations get congress and policy-makers to expand the basis of who can use EBT and SNAP benefits (state reimbursement rates).

Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.

With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.

In highly developed nations this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time. These are specialized lobbyists.

EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)

CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.

CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721) and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.

The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)

Bulletpoint #4With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catch-phrase ‘globalism’.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Oil Producing Economic Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.

Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the corporations can charge U.S. consumers more. Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.

Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system)

Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product. Downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation; not your farm.

The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.

Within the agriculture community the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased republicans not supporting border wall etc.).

This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.

The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic. Team Trump focus exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).

‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.

Under President Trump’s Trade positions, balanced, fair and reciprocal trade with firm regulatory control over proprietary national assets, exfiltration of U.S. national wealth is significantly stalled.

This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit (exfiltrate).

For durable goods: If the corporation wants the benefit of access to the U.S. market, President Trump applies price pressure (tariffs) which changes the ‘total cost of goods‘ dynamic and leverages the company interest to produce inside the United States.

Perhaps now we understand better how and why massive multi-billion multinational corporations and Wall Street institutions are aligned against President Trump.

 

RELATED:

♦The Modern Third Dimension in American Economics – HERE

♦The “Fed” Can’t Figure out the New Economics – HERE

♦Proof “America-First” has disconnected Main Street from Wall Street – HERE

♦Treasury Secretary Mnuchin begins creating a Parallel Banking System – HERE

♦How Trump Economic Policy is Interacting With The Stock Market – HERE

♦How Multinationals have Exported U.S. Wealth – HERE