Leftists love to trot out Christine Lagarde as the pontificating elite to defend their multinational interests. Recently the former IMF leader was elected to take control of the European Central Bank. As a direct result, Ms. Lagarde is now taking an adverse position toward a strong U.S. economy and decrying the ‘America-First’ policies of President Trump that have removed the tentacles of global financial control.
If you follow trade, finance and the interests of the multinationals, this is actually quite funny. In this first brief interview segment Ms. Lagarde, has the elitist audacity to warn President Trump that lowering U.S. interest rates defeats the agenda of the EU. She doesn’t put it in those terms, but watch and we’ll explain:
.
Notice how Lagarde magnanimously claims that lowering interest rates when the U.S. economy is strong, and the U.S. unemployment rate is at historic lows, could lead to rising prices inside the U.S. Too damned funny; how very kind of the EU to be worried about U.S. consumers… (pro tip: they ain’t).
What she’s really worried about is the dynamic that President Trump has created that is crushing the globalists. Let’s expand.
♦ The EU economy writ large is contracting, shrinking, due to a lack of investment. The EU has dropped their interest rates in a futile effort to stimulate internal investment… but it ain’t happening. The consequence of the EU lowering rates into negative territory is a weakened EU currency. Two things are happening:
#1) The EU currency dropping means any exports from the EU are less expensive. This is part of the reason for lowering the value of their currency, to keep an export dependent economy alive. However….
#2) By dropping interest rates and driving down their own currency, the value of the dollar increases. This dynamic means EU banks actually purchase U.S. Treasuries for a return. [There is no return in the EU] And simultaneously this drives up the value of the dollar, making any U.S. imports of EU products cost less.
The combination of a weaker EU and a stronger dollar means the prices of the products we would import from the EU are lower. In essence, much like China, the U.S. is importing deflation from Europe.
Any U.S. import company that is not now renegotiating the prices of purchases is a fool. Now is the time for all U.S. companies to drive hard bargains from Asian and EU corporations who wish to sell goods into the U.S. From all current indicators these renegotiations for lower prices is happening both on the Chinese side and the European side.
Ms. Lagarde is not worried that lower U.S. interest rates will drive up U.S. prices, she is worried that lowered U.S. interest rates means greater internal investment in the U.S., while her EU is in direct competition for those investment dollars. Additionally, Lagarde knows that President Trump has boxed them into a trade spiral with no escape.
The lower price of EU products means President Trump can apply greater tariff pressure on the EU and still not create inflation within the U.S. on the imported categories. This is the same outcome Trump’s ‘America-First’ policy is doing to China.
♦ Secondly, it is President Trump’s confrontation with China that has caused Beijing to slow down, and in some cases stop, their industrial purchases. The EU economy, specifically Germany, Italy and France, are dependent on purchases from China. As China stops buying stuff, the EU economy contracts. This is what is happening right now.
If you elevate your perspective what you realize is that every dollar the U.S. does not give to China means one dollar less that China has to purchase from the EU. Yes, that is correct… the U.S. $500 billion annual deficit with China is what allows Beijing to purchase industrial goods from Europe.
As President Trump resets the U.S. trade imbalance with China, he simultaneously diminishes the EU economy. THIS dynamic is what Christine Lagarde is really upset about.
So now we look at the second Lagarde “citizen of this world” soundbite (embedded in tweet) listen carefully:
60 Minutes
✔@60Minutes
Christine Lagarde discusses the United States’ risk of losing leadership in the global economy https://cbsn.ws/2Bz2Tko
In that soundbite “U.S. losing leadership” really means the America-First policies of President Trump means the U.S. is no longer spreading American wealth to the rest of the world.
♦ For more than three decades global economies have grown by removing wealth from the United States. The U.S. multinationals (Wall Street Corporations and pundits) have countered the economic arguments by claiming those global economies have purchased U.S. treasuries; but that means we trade our current wealth for future debt.
President Trump has reversed this dynamic. We are repatriating our national wealth through new trade policies and will pay for any incurred foreign debt by expanding our own economy and controlling our own destiny.
This is really what’s happening within the global economy that is causing massive reactions by those who were dependent on the status quo. The ‘America-First’ agenda uses the size and scale of the U.S. market to drive up U.S. wealth, and then stops the export of the dollars generated by making the U.S. the best place to retain investment.
You might remember back in July the IMF, which is euro-centric, increased the projected U.S. economic growth for 2019 to 2.6 percent. They then warned 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 the IMF negative global forecast. Of course it’s horrible Trump and his strategic trade reset that’s to blame. Grumble, grumble, grumble.
♦ 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.
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).
President 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.
Commerce Secretary Wilbur Ross discusses the negotiations with China and the possibility of agreement on ‘Phase-1’ aspects prior to December. Secretary Ross is not necessarily optimistic the agreement will be made based on Beijing’s outlook toward the enforcement mechanisms and forced compliance. Ross also discusses Brexit from the position of mutual benefit.
On the subject of USMCA Secretary Ross outlines the only reason for Democrats to hold back ratification is Pelosi’s politics. [Only 20 legislative days left in 2019] Mr. Ross discusses the options if Pelosi refuses to take up ratification. On this subject the commerce secretary does not sound optimistic.
White House chief-of-staff Mick Mulvaney appears on Fox News Sunday with swamp gatekeeper Chris Wallace. As customary Wallace uses the Share Blue talking points, one example: Notice how Wallace says “a statement from a senior justice department official”, then puts up an “anonymous” quote. Official statements from the DOJ are not anonymous.
Trying to find the details within the U.K-EU Brexit deal is more difficult than finding evidence of a Yeti. The negotiating team secrecy is inherent to the way the elites within the European systems work. Essentially the “betters” rule the proles by hiding the details and relying upon the electorate to “trust” the outlined framework of their elected superiors.
Hiding details is a feature within the European system and the way the government looks at their role.
That said, tomorrow British members of parliament will begin debating the deal for the UK to exit the EU. The deal was modified by Boris Johnson. A backgrounder:
.
Farage is concerned, rightly, about how the framework of the EU customs union is constructed to influence the UK after Brexit. From what can be determined there’s a triggering mechanism where the UK and EU begin a lengthy process to construct a UK trade agreement with the EU after Brexit takes place.
Within that post-Brexit automatic trade-framework is where the European Union is seeking to retain their influence over the United Kingdom. However, it is not accurate to overlay EU influence too heavily, and here’s why….
Within the current framework there’s a customs union design similar to a Venn diagram, that consists of Northern Ireland remaining attached to EU tariff rules, and yet the UK is not subject to the same parameters. So there’s three different sets of trade rules in place.
One set between the EU and Northern Ireland; one set between Northern Ireland and the UK; and one set between the EU and the UK. All of this is designed to stop the UK from having independent trade wealth that is beyond the reach of the EU to control.
It’s complicated.
However, here’s the aspect you won’t find discussed.
Within the agreement as it appears the EU can, likely would, punish the UK for having more favorable trade agreements with other nations. Meaning if the UK gives better deals to others than it does the EU, the EU will increase tariffs against the UK intended to punish the UK by restricting access to the EU market for UK products. But that’s the limit of what the EU will be able to do….
Meaning, the EU cannot stop the UK from entering a trade deal with North America (think USMCA). And there’s every visible likelihood President Trump is constructing a U.S.-U.K trade agreement with that in mind…. Meaning the U.K. will have preferential access to North America, and the USMCA countries (Mexico, U.S. and Canada) will in turn have preferential treatment in trade with the U.K.
This is important. The EU will not be able to influence the U.S-U.K. trade agreement beyond imposing tariffs on Britain as punishment. This is where the importance of Donald Trump comes in…. Trump can, I would say: likely will, give preferential treatment to exports from the U.K., so long as PM Boris Johnson is reciprocal toward the U.S.
Simultaneously, President Trump can hit the EU much harder than the EU can hit Great Britain. If, say, the EU hits the UK with a 25% tariff as punishment for a better trade deal with the U.S. on any individual segment, Trump can hit the EU with a 25% tariff back on the EU.
The EU needs access to the $20 Trillion U.S. market much more than the EU needs access to the newly freed U.K. market. Brexiteers should remember this. President Trump and PM Johnson can work together to leverage this trade situation to both of their benefits. The EU will want to keep selling their stuff into the U.K. (less important); but the EU *has to* keep selling their stuff into the U.S. (very important) in order to survive.
Trump and Johnson can work on a U.S-U.K. trade superhighway. Our research already sees this construct in the discussions. Simultaneously, Trump can pummel the EU with tariffs. [Keep in mind the U.S. just won a WTO ruling for $7.5 billion a year in countervailing duties the EU cannot legally try and counteract.]
Combine the $7.5 billion WTO ruling with the potential for President Trump to hammer additional duties against the EU for adverse trade action within the Brexit customs authority, and what you see is an EU that can threaten action, but has limited recourse (just like China).
President Trump is itching to trigger more tariffs against the EU and looking for any economic excuse to do so. Brexit provides just that excuse.
This is why, despite the flaws inherent within the UK-EU Brexit agreement, it would be in the best interests of the U.K. to vote in support of the current deal and get out.
Once out, President Trump can then provide trade incentives for EU products that come from the U.K. that do not come from the EU itself. No U.S. tariffs on Great Britain, while Trump puts heavy U.S. tariffs on the EU.
The result of this process would push EU manufacturers and suppliers into the U.K. as a trade hub for access to North America, specifically the United States. Simultaneously, EU companies wanting to avoid the U.S. tariffs against the EU could distribute their products through operations within the U.K.
As described this trade network provides PM Boris Johnson with the ability to pick and choose the EU entities that he would permit to operate in the U.K. In essence, this provides Prime Minister Boris Johnson with leverage against the EU for “other issues” of importance.
It’s all about the economics.
Without money to finance their ideology, everything stops.
All of the above stated, this is another reason why Nancy Pelosi and the ideological leftists are trying to stall the USMCA. The North American Trade agreement is the trade fulcrum for a massive global economic reset.
The corporate multinational profit schemes to use China/Asia, and the political ideology behind the socialists/leftists that align with the EU (ie. “share the wealth”), are both weakened by a North American trade alliance, USMCA, that relocates the best return on international investment.
At the center of this realignment is “America First“.
Office for Trade and Manufacturing Policy’s Peter Navarro discusses the China trade negotiations, the UAW General Motors strike, U.S. tariffs in European goods, and USMCA.
On the U.S-China ‘Phase-1’ construct the key issue is going to be the enforcement mechanism to ensure any agreement has strength. On U.S. placing tariffs on the EU due to the Airbus ruling Navarro reminds everyone the WTO ruling does not permit the EU to place tariffs on U.S. productions. On USMCA everyone avoids telling the truth; that is Nancy Pelosi is waiting to see what happens in the Canadian election in three days. If Trudeau wins re-election, the USMCA will likely be scrapped (tabled) by Pelosi.
.
{*Note* We are holding-back on BREXIT-EU deal outlines until we complete reading the majority of the 2,000+ pages of UK-EU legal agreement construct.}
From the White House – Today, President Donald J. Trump spoke to National Aeronautics and Space Administration (NASA) astronauts Christa Koch and Jessica Meir during the first all-woman spacewalk from the International Space Station (ISS). Both Koch and Meir were members of NASA’s 2013 astronaut class, half of whom were women. Koch is currently serving on an extended mission to the ISS and is scheduled to achieve the record for the longest stay in space by a woman. The President was joined on the call by Vice President Mike Pence, Advisor to the President Ivanka Trump, and NASA Administrator Jim Bridenstine. [Video Below]
.
[Transcript] THE PRESIDENT: Hello, everybody. Okay. Thank you very much. I think we’re getting ready to do something very exciting. Jim, do you want to take over?
ADMINISTRATOR BRIDENSTINE: Sure. So this is a —
OPERATOR: Christina and Jessica, please stand by for a call from the President of the United States.
THE PRESIDENT: Where’s my camera?
ADMINISTRATOR BRIDENSTINE: (Laughs.) I guess it’s over to you at this point.
Sir —
THE PRESIDENT: Where’s — where’s my camera? You tell me. (Laughter.) There are a lot of cameras.
ADMINISTRATOR BRIDENSTINE: It is. It’s an exciting day.
THE PRESIDENT: It is.
ADMINISTRATOR BRIDENSTINE: The first all-women spacewalk underway right now. They’re doing very important work. Just so everybody knows, we’re — this is a short window for the downlink, and also they’ve got very busy work to do. They’re on the outside of the station. But what a big day. We’re thrilled to be here, Mr. President. It’s over to you for communicating with them.
THE PRESIDENT: Well, I’m thrilled also. And if they’re ready, I’m ready.
ADMINISTRATOR BRIDENSTINE: Okay.
MS. TRUMP: Can we confirm that the link is live?
ADMINISTRATOR BRIDENSTINE: Sir, the link is live.
AIDE: The link is live.
ADMINISTRATOR BRIDENSTINE: The link is live. They’re listening. They are on the outside of the Space Station.
THE PRESIDENT: Station, this is President Donald Trump. Do you hear me?
MS. KOCH: We can hear you.
THE PRESIDENT: That’s great. (Laughter.) (Applause.)
MS. TRUMP: Yes!
THE PRESIDENT: That’s great. I was starting to get worried about you. (Applause.) I was starting to get worried about you. (Laughter.) You’re in an interesting place.
I thought we may have to be — a little emergency work. I don’t think that will ever be necessary with you. The job that you do is incredible.
And I’m here with Vice President Mike Pence, NASA Administrator Jim Bridenstine, and my daughter, Ivanka. We’re thrilled to be speaking live with two brave American astronauts who are making history.
Joining us during their spacewalk outside the International Space Station — and this is the first time for a woman outside of the Space Station — are Flight Engineers Christina Koch and Flight Engineer Jessica Meir.
And I just want to congratulate you. What you do is incredible. It’s so — you’re very brave people. I don’t think I want to do it, I must tell you that. But you are amazing people.
They’re conducting the first-ever female spacewalk to replace an exterior part of the Space Station. They’re doing some work, and they’re doing it in a very high altitude — an altitude that very few people will ever see.
Congratulations, Christina and Jessica, on this historic event. This is truly historic. And you’re right now on television all over the world, so don’t get nervous. (Laughter.)
I’d like to ask you a question: What would you like to tell everyone listening and watching today, especially young women —
DR. MEIR: (Inaudible.)
THE PRESIDENT: — who are interested in space?
ADMINISTRATOR BRIDENSTINE: There’s about a four- or five-second delay.
THE PRESIDENT: Ah, okay.
DR. MEIR: Hello. Thank you. First — first of all, we don’t want to take too much credit, because there have been many other female spacewalkers before us. This is just the first time that there have been two women outside at the same time.
And it’s really interesting for us. We’ve talked a lot about it up here. You know, for us, this is really just us doing our job. It’s something we’ve been training for, for six years, and preparing for. And so, it didn’t really, you know — for us, it’s just coming out here and doing our job today. And we were the — we were the crew that was tasked with this assignment.
At the same time, we recognize that it is a historic achievement, and we do, of course, want to give credit to all of those that came before us. There has been a long line of female scientists, explorers, engineers, and astronauts, and we have followed in their footsteps to get us where we are today.
We hope that we can provide an inspiration to everybody, not only (inaudible), but to everybody that has a dream and has a big dream and that is willing to work hard to make that dream come true — something that all of us that have made our way up here have done all throughout our lives. And I can tell you, the hard work certainly did pay off.
I’ve only been up here a few weeks, actually — about three weeks I’ve been in space — and this is my first flight and my very first spacewalk. So it is a pretty incredible feeling. I’m sure you can all imagine. And it’s one that I will never forget.
I’m extremely fortunate to be sharing this moment with Christina Koch, who’s not only my colleague, but also a very, very close and dear friend.
So it’s really our honor to be out here working today and to be representing whatever it is that’s significant to whatever — whatever individuals’ desires and hearts.
Thank you.
THE PRESIDENT: Well, Christina and Jessica, I would like to, if I could, just thank you. Jessica, I know that you’ve been doing this and you’ve been working hard. And, Christina, I’ve studied your résumé. It’s really incredible what you’ve done, what you’ve both done. Your lives have been incredible. And now you’re in a place that, as I said, very few people will ever get that experience. You’re doing an incredible job.
This is a first step — because we’re going to the Moon, and then we’re going to Mars. We’re launching from the Moon most likely. They seem to think that’s the best way of doing it, Jim. So we’re launching from the Moon.
And I just want to congratulate you both. You’re very brave, brilliant women, and you represent this country so well. And our country is very proud of you, and we are very proud of you. Millions and millions of people are watching you right now. But I will tell you: What you do is really something very special.
So, first the Moon, and then we go to Mars. Thank you both very much. Have a good time.
ADMINISTRATOR BRIDENSTINE: I’m wondering if we might have lost the link at this time.
THE PRESIDENT: I don’t know. Maybe they didn’t like my message. (Laughter.) Could be.
Anyway, two great women. Two great people. And, you know, it’s a big danger. Not easy. It’s not an easy thing to do. A lot of people would take a pass on that one. But they’re great women.
OPERATOR: Back to the scoop.
THE PRESIDENT: I think I heard that.
THE VICE PRESIDENT: There’s the link.
THE PRESIDENT: That’s the link.
ADMINISTRATOR BRIDENSTINE: Oh, that’s the link.
THE PRESIDENT: That’s the end of the link. So they heard my message and they tried to respond and — (laughter) —
ADMINISTRATOR BRIDENSTINE: It’s space.
MS. TRUMP: Not the easiest of phone calls. (Laughs.)
THE PRESIDENT: I assume they’re okay. I assume they’re okay. Anyway, they’re actually outside of the ship. So that’s something. Right? That’s the first time it’s —
MS. TRUMP: The first time since 1969 that a President has spoken to astronauts outside of the spaceship. So, it’s incredible.
THE PRESIDENT: That was a great — that was a great — it’s a great thing. And when are they coming back? What’s the timing?
ADMINISTRATOR BRIDENSTINE: So each one is different. Christina Koch is actually going to be — have the longest single endurance mission. So she’s going to be on the Space Station for, I think, it’s a little — about 10 months, which the longest
THE PRESIDENT: Wow.
ADMINISTRATOR BRIDENSTINE: — we’ve ever had a woman on the Space Station ever.
THE PRESIDENT: What’s the longest for a man?
ADMINISTRATOR BRIDENSTINE: Three hundred and forty five days. So —
THE PRESIDENT: So why don’t you have the woman break the record?
ADMINISTRATOR BRIDENSTINE: Well, we have a very tight schedule when it comes to windows to get back and forth to the International Space Station. But that’s within the realm of what is possible. We’re working on schedules, sir.
MS. TRUMP: And next, a woman on the Moon, right?
ADMINISTRATOR BRIDENSTINE: That’s right. The — by direction of the President, we will have the first man — or, I should say, the first woman and next man on the south pole of the Moon will be Americans. (Applause.)
THE PRESIDENT: And what’s your timing on that?
THE PRESIDENT: Well, we better not say it too fast. Get it done before you talk about it. (Laughter.)
ADMINISTRATOR BRIDENSTINE: Okay. Yes, sir.
THE PRESIDENT: Okay. Go ahead.
ADMINISTRATOR BRIDENSTINE: The goal is 2024, sir. We’re at — if all things go according to plan, 2024 is within the realm of what is possible. And we’re working hard to make that a reality.
THE PRESIDENT: And because of the fact that we’ve been there, as I have said to you many times — we’ve been there, a long time ago — it’s really being done as a launch for Mars. Is that correct?
ADMINISTRATOR BRIDENSTINE: That’s right. We’re building a habitat in orbit around the Moon — a space station, in orbit around the Moon. And that will be launching in 2022.
And once that is deployed, that will be modified into a Mars ship that will take us all the way to Mars. And between now and then, we want to build a sustainable architecture at the Moon. We need to learn how to live and work on another world for long periods of time. And then, we go to Mars. Because when you go to Mars — Earth and Mars, we’re only aligned on the same side of the Sun once every 24 months — or 26 months. What that means is we have to be willing to stay.
THE PRESIDENT: Right.
ADMINISTRATOR BRIDENSTINE: We need to learn how to live and work on another world.
THE PRESIDENT: Oh, I see. Yeah. Right.
ADMINISTRATOR BRIDENSTINE: So that’s what the Moon is all about.
THE PRESIDENT: That’s going to be very interesting. Well, it’s very exciting. Exciting times. And that whole program was dead when I took it over, when we came into office. And something that Mike liked very much and I liked very much. And you’re both doing a fantastic job. And everybody is doing a fantastic job. It’s been totally reinvigorated, I think, to a level that it’s never been at.
And we’re also thinking in terms of defense. We have the Space Force happening. That’s going along very nicely, as you know. We’re creating a new force, and it’s called the “Space Force.” And that’s a big thing. And that’ll be working along very closely with you. So that’s beyond going to the Moon and Mars. That’s also defense of our nation, which is very important.
ADMINISTRATOR BRIDENSTINE: That’s right. Anywhere there’s commerce, it needs to be defended. And we are industrializing space. It’s going to be an export for the United States. And that’s going to be very positive. In fact, it already is. We need to grow it. And so we’re working very hard to commercialize it, make it an export. And, of course, that requires it to be defended just like the high seas for trade.
THE PRESIDENT: That’s fantastic. Thank you very much. Great job.
ADMINISTRATOR BRIDENSTINE: Thank you, sir.
THE PRESIDENT: Well, thank you very much, everybody. That was very exciting. And these are two great people. And they put themselves at risk for our nation and because they love doing it. And there are few people that have the ability to something like that, I will say that. It takes a great ability.
So thank you all for being here. It’s very nice. Thank you.
Q Mr. President, do you mind clarifying what Mick Mulvaney said yesterday? Was the aid —
THE PRESIDENT: I think he — I think he clarified it.
Q — to Ukraine contingent upon investigating the Democrats?
THE PRESIDENT: And I do have to say this: We, yesterday, had a tremendous day in Texas. We opened a Louis Vuitton plant. One of the great brands of the world. And they opened it right in the heart of Texas. Lone Star State. And then, we went over to Dallas and had an event like few people have ever seen. We had a packed arena with thousands and thousands of people outside. It was an incredible evening. Got back very, very late.
I did actually get to hear about Ambassador Kent. This is the witch hunt, you know. Their — their Crooked Schiff is coming after the Republican Party. He’s coming after the Republican Party as hard as he can, considering he’s really — he’s been compromised very sadly and badly because of the fact, as you know — I think, as the press knows — he made a statement and he made a virtual speech about what I said, and then it turned out that I didn’t say any of it because he fraudulently made this statement to Congress.
I thought what he did was one of the worst things. I understand he has immunity, but he doesn’t have immunity when he puts it on his Twitter, which he did. And he doesn’t have immunity when he speaks to press, which he did. And he certainly won’t have immunity if we ever get him into Congress and can swear him under oath. Because what he did was a very bad thing.
But what just happened is, Ambassador Kent — who I have never had the privilege, I don’t believe, of meeting; I don’t know him — and they brought him in as a witness against me, even though I don’t know him. And he excoriated, from what they reported on the news — and, of course, maybe, in this case, it won’t be fake news — but he excoriated the Obama administration and Joe Biden and Joe Biden’s son, saying that he has tremendous problems — tremendous problems with Joe Biden’s son and the Ukraine.
So he’s got tremendous problems with Biden’s son and Ukraine. And it’s inappropriate. And all of the horrible things — I mean, you could get it; you could see it. It’s been a big deal. And I heard Schiff is going, “No, no. We don’t want to talk about that. We don’t want to talk about that.” But he talked about it. And it’s one of those things. So, this is a terrible witch hunt. This is so bad for our country.
I just spoke to President Erdoğan of Turkey. We’re doing very, very well with Turkey. There’s a ceasefire, or a pause, or whatever you want to call it. There was some sniper fire this morning. There was mortar fire this morning that was eliminated quickly. And they’re back to the full pause.
We have ISIS totally under guard. Turkey is also guarding, separately. They’re watching over everything. So you have the Kurds, who we’re dealing with and are very happy about the way things are going, I must say. The Kurds. And you also have the Turks watching, just secondarily watching. So we have ISIS under control.
We’ve taken control of the oil in the Middle East, the oil that we’re talking about; the oil that everybody was worried about. We have — the U.S. has control of that. And there are no shots being fired. And a lot of people are doing a lot of things.
This is a deal that should have been made 15 years ago, 10 years ago, over the last number of years, under the Obama administration. The real number is over a million people were killed. We have lost no — not a drop of blood since we’ve started what I’ve started. And it was — so far, it’s working out.
Look, it’s a complicated region. Many, many people have gone down. I have to watch in great interest as I see people talking about what we should be doing. And these are the same people that have been failing for the last 20 years, didn’t know what they were doing, especially when they went in and did what they did. They shouldn’t have been there.
But we’re doing a very, very significant amount of great work. We’ll see if it works. It’s very fragile. It’s been fragile for years. They’ve been fighting each other for centuries. Literally, for centuries, they’ve been fighting each other. And years ago, we injected ourselves right into the middle of it. And we won’t go into whether or not that was a good thing or a bad thing. You know how I feel about it.
But we’ve had tremendous success, I think, over the last couple of days. A little bit unconventional, a little bit of hard love. I told you that. A little — there was a lot — a lot of pain for a couple of days. And sometimes you have to go through some pain before you can get a good solution. But the Kurds are very happy about it. President Erdoğan and Turkey is satisfied with it. And we are in a very strong position.
We are also in a position where we can put tremendous, powerful sanctions on Turkey or whoever else we want to. Our country is a financially much stronger country than when I took it over. China would have been, right now, the strongest economy in the world, the number-one economy in the world. And right now, China is way behind us. We picked up trillions of dollars in value, in worth. And they’ve lost trillions and trillions of dollars. And they’re having the worst year they’ve had in 57 years.
With that being said, we’re working with China very well. We’ve done, subject to getting it signed — and I think it will get signed quite easily, hopefully by the summit in Chile, where President Xi and I will both be.
But a lot of good things are happening. Our farmers are taken care of. Our bankers and financial services are going to have access, the likes of which they’ve never had to — the largest or second largest, depending on your definitions. About 1.4 billion people, population, whether it’s India or China. They’re pretty close. And we’ve done some great things.
So, we had — but, I just want to say, I want to thank the people of Dallas and the people of Fort Worth and the people of Texas, because yesterday was incredible.
I want to thank Bernard Arnault, one of the great businessmen of the world, for agreeing to do something that was a first. He’s built this incredible plant right in our great state of Texas. And they’re going to make super luxury and super product. They have already started. It’s opened. A big investment. And we’re very proud of it.
That was done with me and with the election with — even prior to the election, I said, “You have to open up a plant someplace in the United States.” He said, “What do you think about Texas?” I said, “I love Texas. That would be good.” And I said, “If you do it, I’ll be there.” And so I fulfilled that commitment. But he opened up a beautiful plant. We think over 1,000 people will soon be working there.
So, thank you all very much. Yesterday was a big day. We had a great talk with President Erdoğan, and it’s going very well. Thank you very much.
“With today’s first all-woman spacewalk on the International Space Station led by NASA astronauts Christina Koch and Jessica Meir, America once again sets a precedent for women to lead in human space exploration. Today’s historic effort continues to lay the foundation for our Artemis program when the first woman and next man walk on the surface of the Moon in preparation for the next giant leap – sending astronauts to Mars.” – NASA Administrator Jim Bridenstine
Energy Secretary Rick Perry appears on Fox News to discuss his departure as Secretary of Energy from the administration.
Additionally, Secretary Perry shoots down the talking points about Ukraine outlining how the administration was working throughout 2017, 2018 and 2019 to ensure corruption was addressed in order to advance the U.S. and Ukraine relationship.
Today President Trump will be delivering remarks and participating in a ribbon cutting ceremony at a new Louis Vuitton luxury goods manufacturer in Alvorado, Texas. The facility is expected to create 1,000 new jobs. Anticipated start time 5:40pm ET.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
60 Minutes
Centinel2012 