Sacrebleu !! Macron Shuts Down Paris in Attempt To Stop Protests, Deploys 89,000 Police Around France….


Yikes, and a simultaneous ‘Wow’.  French President Emmanuel Macron has officially shut down Paris this weekend in his attempt to stop the “Yellow Vest” populist uprising against current political policies.

The primary tourist venues are all closed; shops ordered to close; windows boarded up; 8,000 police units dispatched to Paris and 89,000 deployed throughout the country.

PARIS (Reuters) – Paris was in lockdown early on Saturday with thousands of French security forces braced to meet renewed rioting by “yellow vest” protesters in the capital and other cities in a fourth weekend of confrontation over living costs.

The Eiffel Tower and other tourist landmarks were shut, shops were boarded up to avoid looting and street furniture removed to avoid metal bars from being used as projectiles. About 89,000 police were deployed across the country.

Of these, about 8,000 were deployed in Paris to avoid a repeat of last Saturday’s mayhem when rioters torched cars and looted shops off the famed Champs Elysees boulevard, and defaced the Arc de Triomphe with graffiti directed at President Emmanuel Macron.

Protesters, using social media, have billed the weekend as “Act IV” in a dramatic challenge to Macron and his policies.

The protests, named after the high-visibility safety jackets French motorists have to keep in their cars, erupted in November over the squeeze on household budgets caused by fuel taxes.

Demonstrations have since swelled into a broad, sometimes-violent rebellion against Macron – a challenge made more difficult to handle since the movement has no formal leader. (read more)

If you don’t think these global elites take this stuff seriously, and are willing to go to any length to stop political nationalist uprisings, just take a look at how far they are willing to go with this one.

This isn’t Tehran or Beijing… this is Paris. Proving, once again, that globalism is really just the glove covering the hand of oppressive totalitarianism.

Next stop…. shut down the internet in France.

SDNY Releases Cohen Sentencing Memo – Apparently Media Reports of Cohen Cooperation Were Greatly Exaggerated…


Within a sentencing memo filed today (full pdf below) the US Attorney’s Office in the Southern District of New York recommends “a substantial term of imprisonment” for Michael Cohen, who has pleaded guilty to fraud and tax charges and campaign finance crimes, as well as lying to Congress.

Reading through the memo – the content of cooperation, and the details that surface as a result therein, are entirely different from all previous media claims:

Additionally, special counsel Robert Mueller filed a second memorandum, recommending no additional prison time for Cohen’s guilty plea for lying to Congress, saying it would be “appropriate” for Cohen to serve any sentence in that case concurrently with the sentence in the SDNY case.

https://www.scribd.com/embeds/395179908/content?start_page=1&view_mode=&access_key=key-Ql2pEmBayxy4iLz3hmR7

.

Notice anything missing here?:

Cohen cheated on his taxes and lied to a bank about same; he didn’t fill out a campaign distribution report that almost everyone argues was not a campaign expense; and he misled congress about the timing of his business contacts.

Where’s the Russia collusion?

Where’s the Russia conspiracy?

Now it’s clear why Mueller and SSCI Vice-Chairman Mark Warner needed to work together to get the “lying to congress charge”…. the other three accusations are almost nothing.

The entire narrative around this has been a bigly manufactured bucket of nothingness.

James Comey Refuses To Answer Most Critical Questions – Corrupt FBI Lawyers Block Disclosure…


Apparently the institutional protection system was in full force today as current FBI lawyers blocked any questions directed toward former FBI Director James Comey as they related to FBI investigations of Hillary Clinton; applications to the FISA court and the use of the Steele Dossier.  Darryl Issa explains a transcript will show the severity of shielding:

November Employment Report: 155,000 Jobs Added – Wage Growth 3.1%…


The Bureau of Labor Statistics (BLS) has released the latest jobs report for November.  The U.S. economy created an additional 155,000 jobs.  The unemployment rate remains 3.7%.  The annualized rate of wage growth is 3.1%.   All good MAGAnomic news.

It’s a little funny to see the pontificating naysayers worry over results that are structurally solid and fundamentally strong.  If you had told those same knuckleheads a year ago that wages would be growing 3.1% they would have been stunned at your audacious optimism.

Things are going swimmingly. Exactly as predicted.  Wall Street (paper economy) is reacting based on an entirely new economic landscape.  Main Street USA (read economy), the Blue/White collar middle-class, is dancing and singing carols en-route to buy the fancier set of Christmas decor this year… Who’s better than our economy?  Nobody, baby, no-body…  Throw them ju-ju bones out the windows.  Here’s the data:

BLS Report: Total nonfarm payroll employment increased by 155,000 in November, compared with an average monthly gain of 209,000 over the prior 12 months. In November, job gains occurred in health care, in manufacturing, and in transportation and warehousing. (See table B-1.)

• Health care employment rose by 32,000 in November. Over the year, health care has added 328,000 jobs.

• Manufacturing added 27,000 jobs. Magic Wand manufacturing employment has increased by 288,000 over the year, largely in durable goods industries.

• Employment in transportation and warehousing rose by 25,000 in November. Over the year, transportation and warehousing has added 192,000 jobs.

• In November, employment in professional and business services continued on an upward trend (+32,000). The industry has added 561,000 jobs over the year.

[…] In November, average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to $27.35. Over the year, average hourly earnings have increased by 81 cents, or 3.1 percent. ¹Average hourly earnings of private-sector production and non-supervisory employees increased by 7 cents to $22.95 in November. (See tables B-3 and B-8.)

¹ Wait, that means blue-collar line-level workers have wage growth exceeding the rate of their bosses.  Isn’t that the redistribution goal of Elizabeth Warren, Bernie Sanders and the worker-wing of the Democrats?  Yet it’s happening organically, a result of MAGAnomics. Yup, affirmative and…. yes.  Funny that. {{WhaShuFu}}

Yep, the upward value of labor flows naturally along the path of greatest labor need.

Making Main Street economic common-sense great again.

You see, quite simply, MAGAnomics reverses the thirty year dynamic previously described:

REMEMBER […] there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street).

Investments, and the bets therein, needed to expand outside of the USA. hence, globalist investing.

However, a second more consequential aspect happened simultaneously. The politicians became more valuable to the Wall Street team than the Main Street team; and Wall Street had deeper pockets because their economy was now larger.

As a consequence Wall Street started funding political candidates and asking for legislation that benefited their multinational interests.

When Main Street was purchasing the legislative influence the outcomes were -generally speaking- beneficial to Main Street, and by direct attachment those outcomes also benefited the average American inside the real economy.

When Wall Street began purchasing the legislative influence, the outcomes therein became beneficial to Wall Street. Those benefits are detached from improving the livelihoods of main street Americans because the benefits are “global”. Global financial interests, multinational investment interests -and corporations therein- became the primary filter through which the DC legislative outcomes were considered.

There is a natural disconnect. (more)

If you understand those basic concepts and tenets; and you apply what POTUS Trump is doing to reverse that hollowing out of Main Street; then you can clearly understand what is going on in the Wall Street stock market, right now.

CTH has been discussing this since candidate Trump came down the escalator in 2015 and explained his priorities.   In essence, Trump threw a wrench into the multinational machine that was exporting U.S. wealth.  It is simple common sense to know the direct result of that action would be a massive gut-punch to the financial benefits of the multinationals.  That’s what’s happening.

Main Street is booming; and Wall Street is suffering.

Wall Street is suffering because their investment model was built upon exploiting an international trade and economic system that was based on exporting U.S. wealth.

President Trump is stopping this global export of U.S. wealth.

It really is that simple.

We Remember


Today, we honor those who perished 77 years ago at Pearl Harbor, and we salute every veteran who served in World War II over the 4 years that followed that horrific attack.

On December 7, 1941, America was attacked without warning at Pearl Harbor, Hawaii, by the air and naval forces of Imperial Japan.  Just before 8:00 a.m., Japanese aircraft ripped through the sky, dropping bombs on ships of the United States Pacific Fleet and on nearby airfields and bases.  The attack took the lives of more than 2,400 American service members and wounded another 1,100 American citizens.  The brutal surprise attack halted only after nearly two hours of chaos, death, and destruction.

Despite the shock and confusion of the moment, American service members and first responders on the island of Oahu mounted an incredibly brave defense against insurmountable odds.  American pilots took to the air to engage enemy aircraft, sailors took their battle stations, and medical personnel cared for the wounded.  Many witnesses to the events of that day perished in the attacks, leaving countless acts of valor unrecorded.  Nevertheless, 15 Medals of Honor were awarded — 10 of them posthumously — to United States Navy personnel for acts of valor above and beyond the call of duty.

Although the United States Pacific Fleet at Pearl Harbor was badly impaired, America did not falter.  One day after the attacks, President Franklin Delano Roosevelt declared to the Congress:  “No matter how long it may take us to overcome this premeditated invasion, the American people in their righteous might will win through to absolute victory.”  And, in the weeks, months, and years that followed the brutal attack at Pearl Harbor, Americans united with a steadfast resolve to defend the freedoms upon which our great Nation was founded.  Millions of brave men and women answered their country’s call to service with unquestionable courage.  These incredible patriots fought, bled, sacrificed, and ultimately triumphed for the cause of freedom.

We are blessed as a Nation to have as examples the incredible heroes of World War II, who fought so valiantly to preserve all that we hold dear.  Earlier this year, I had the tremendous honor of meeting Mr. Ray Chavez, who was the oldest living Pearl Harbor veteran.  Ray passed away only a few weeks ago at the incredible age of 106.  But his legacy is forever etched into our country’s rich history, along with the legacies of all our brave veterans.  They tell of the mettle of the American spirit under fire and of the will of our people to stand up to any threat.  The selfless bravery and dedication of these extraordinary Americans will never be forgotten.

Today, we remember all those killed on the island of Oahu on that fateful Sunday morning in 1941, and we honor the American patriots of the Greatest Generation who laid down their lives in the battles of World War II.  America is forever blessed to have strong men and women with exceptional courage who are willing and able to step forward to defend our homeland and our liberty.

The Congress, by Public Law 103-308, as amended, has designated December 7 of each year as “National Pearl Harbor Remembrance Day.”

NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, do hereby proclaim December 7, 2018, as National Pearl Harbor Remembrance Day.  I encourage all Americans to observe this solemn day of remembrance and to honor our military, past and present, with appropriate ceremonies and activities.  I urge all Federal agencies and interested organizations, groups, and individuals to fly the flag of the United States at half-staff in honor of those American patriots who died as a result of their service at Pearl Harbor.

IN WITNESS WHEREOF, I have hereunto set my hand this sixth day of December, in the year of our Lord two thousand eighteen, and of the Independence of the United States of America the two hundred and forty-third.

DONALD J. TRUMP

Merkel Says Goodbye as Leader of CDU


Merkel said goodbye at the CDU meeting today. She intends to remain as Chancellor until 2021. However, the victor will be positioned to succeed Merkel as chancellor and influence whether she stays or bows out before her term ends in 2021. Although Merkel is widely known for her caution and changing positions with her internal poll team, she has been a shrewd disrupter of the German party system and has moved the CDU to the middle of the political spectrum. Her downfall has been her opening up Europe to all the pretend “refugees” that poured in from everywhere but Syria. The rushed into Europe for the welfare system with no requirement for skills or language. About 70% were just young males, not families with children as the press only photographed. That single decision has been the most destructive for the European project.

The frontrunners in this election today are Annegret Kramp-Karrenbauer, who is a Merkel protege and is seen as the continuity candidate who will change nothing, so the CDU would change the face but nothing else. Then there is Friedrich Merz, who has been a Merkel rival questioning the constitutional guarantee of asylum to all “politically persecuted” and believes Germany, Europe’s biggest economy, should contribute more to the European Union. These are very stake differences in policy but this is NOT a public election but politicians who decide. Party leadership is typically the springboard to the chancellorship so this is really a critical decision for the CDU

The Media are Just as Complicit in DOJ, FBI, Corruption and FISA Abuse…


We shared a discussion thread several months ago about how the media are enmeshed within the story of the DOJ and FBI corruption. The media engagements with the parties swirling around the FBI, DOJ and Clinton-Steele Dossier are so pervasive they cannot reasonably report on any aspect of the story without exposing their own duplicity.

As more and more information surfaces about corrupt DOJ and FBI activity, it’s worth remembering the media’s complicit role.  Here’s an updated review for context:

Michael Isikoff highlighted that level of how enmeshed media is with the story in February when he admitted his reporting was being used by the DOJ and FBI to advance the political objectives of the intelligence community. Additionally, FBI investigator Peter Strzok and FBI attorney Lisa Page were shown in their text messages to be leaking stories from the Clinton Investigation, the Trump investigation and the Mueller investigation to journalists at Politico, The Wall Street Journal and Washington Post. –SEE HERE

FBI Deputy Director Andrew McCabe was busted by the Inspector General leaking stories to the media and then lying about it to INSD and IG investigators. FBI Director James Comey admitted to leaking stories to the New York Times, and even hired his friend Andrew Richman (off-the-books), gave him access to FBI and NSA databases, and then leaked information to Richman along with another friend Benjamin Wittes at Lawfare blog.

Lest we forget, the IG report on how the FBI handled the Clinton investigation revealed that dozens of FBI officials were actually taking bribes from the media for information:

IG REPORT – We identified numerous FBI employees, at all levels of the organization and with no official reason to be in contact with the media, who were nevertheless in frequent contact with reporters. Attached to this report as Attachments E and F are two link charts that reflect the volume of communications that we identified between FBI employees and media representatives in April/May and October 2016. We have profound concerns about the volume and extent of unauthorized media contacts by FBI personnel that we have uncovered during our review.

 

[…] We do not believe the problem is with the FBI’s policy, which we found to be clear and unambiguous. Rather, we concluded that these leaks highlight the need to change what appears to be a cultural attitude among many in the organization. (link to pdf – page Xii of executive summary)

Madness.

This is an IG fact-based criticism of the institution of the FBI, not simply a few rogue officials within it.

But wait…. Perspective:

Later it was revealed that Andrew Weissman, Robert Mueller’s #1 special counsel prosecutor, was coordinating investigative efforts with the full support of four AP reporters who were giving Weissman tips.  That’s information from journalists to use in his court filings and submitted search warrants.  Make sure you grasp this: The AP journalists were feeding information to their ideological allies within the special counsel.

Nuts; simply, well, nuts.

And then there’s Devlin Barrett, Lisa Page and Peter Strzok:

(Source Link – pdf Page #5)

Additionally, Christopher Steele has stated in U.K. court records the person in charge of the Clinton Campaign’s opposition research firm, Glenn Simpson from Fusion GPS, arranged and coordinated for Mr. Steele to talk to several journalists (CNN, The New York Times, The Washington Post, Yahoo News and Mother Jones) while Mr. Steele was also the primary source of information for the FBI investigators (including Strzok and Page):

(Source – page #8)

Make sure you read that full response from Christopher Steele above to see the scope of the media engagements he was conducting.

As more evidence surfaces the relationship between journalists, Fusion-GPS, Chris Steele and the media’s DOJ/FBI sources begins blending together. The FBI was using media reports, which were based on Fusion-GPS pitches, to bolster its investigative documents to the FISA court. It is an intelligence laundry operation:

According to the U.K records, Christopher Steele reports this September 2016 meeting with Isikoff was arranged by Glenn Simpson. According to Michael Isikoff on his February podcast, he met Christopher Steele at a Washington, D.C. hotel in Sept. 2016. They were joined by his “old friend” Glenn Simpson, the founder of opposition research firm Fusion GPS, who Isikoff now defines as a “private investigator.”

So Christopher Steele was meeting with journalists, the journalists were writing articles; the FBI was leaking to media and simultaneously citing those same articles as underlying evidence to support their counterintelligence investigations; and all of this was used to validate the investigative documents the FBI was receiving from Christopher Steele; who, along with the leaking FBI officials, was also the source of the media articles.

FUBAR! This is exponentially bonkers.

This is a circle of information, all coming from Glenn Simpson at Fusion GPS, who was the opposition research firm being financed by Hillary Clinton, along with FBI officials who were using their own strategic leaks to validate their own investigation.

Think about the scale of the reporting, and reporting on reporting, of anonymous leaks, false leaks, lies from “people with knowledge of the matter”, “government officials involved in the matter”, “people familiar with the matter”, “government sources” etc. all going in one unified and semi-coordinated direction – against the aggregate Trump administration.

Now, it actually gets even more convoluted.

Christopher Steele has sworn under oath that he met with multiple journalists (at least eight organizations) in September, mid-October, and late-October 2016: “at Fusion’s instruction“. (pdf page #7)

Overlay upon that sworn admission with what Glenn Simpson (Fusion-GPS) told the House Intelligence Committee while also under oath about his involvement in sharing information derived from Christopher Steele:

(Testimony – pdf link, page #147)

…”without my knowledge and against my wishes”?

Huh?

FBI Director James Comey admits to leaking his ‘memos’ to the New York Times. FBI Deputy Director Andrew McCabe was busted for leaking and lying about it. FBI #2 Counterintelligence Agent Peter Strzok and FBI Attorney Lisa Page are caught in their text messages leaking to Politico, The Wall Street Journal and The Washington Post.

…. AND the FBI is caught, in at least one FISA application, using Yahoo media reports provided by them AND their investigative source Christopher Steele to establish a basis for FISA “Title I” surveillance; the most intrusive and wide-open search and surveillance authority possible.

The Clinton Campaign is paying Fusion GPS to conduct opposition research against Donald Trump. In addition to Glenn Simpson pushing that opposition research into the media, Fusion GPS is also providing that opposition research –including information from contacts with media– directly to the FBI:

(pdf link – page #4)

… In addition to using the Fusion-GPS opposition research to underpin their counterintelligence investigation, the FBI then turn around and leak the same opposition research information to the media to create secondary support for their counterintelligence investigation.

Tell me again how the media can possibly write about this now?

The problem is not just corruption with the U.S. Justice System, the DOJ and the FBI; the problem is corruption within the media.

We’re talking about thousands of hours of media TV pundits, thousands more columns written, and almost every scintilla of it based on originating intelligence sources -from the larger intelligence system- that are now being exposed as duplicitous and conspiratorial in the scale of their malicious intent.

This larger story-line has traveled in one direction. The narrative has only traveled in one direction. Each thread converging on codependent trails for collective stories all going in one direction. One big engineered narrative endlessly pushed. Think about how far the collective media have traveled with this story over the past eighteen months?

Hell, twenty-something-year-old “journalists” were so committed to the resistance narrative they were even sleeping with their sources to get any little engineering angle possible.

Now, over a period of several months, it has become increasingly obvious the collective journey, using all that expended effort, was going in the wrong direction.

The media have fully invested themselves in eighteen months of narrative distribution in only one direction. Not a single MSM entity has questioned their travel as a result of false leaks or false sources in the totality of time they have covered the DOJ and FBI story.

Nothing within their collective need to will-an-outcome will change the media’s proximity to facts when the truthful story behind the DOJ and FBI corruption is finally exposed. The media are so far away from the place where this story ends, they have no inherent capability to even begin to travel in the opposite direction, toward the truth.

The only way they could align with the truth is to admit that virtually every scintilla of their reportage over the past 18 months was inherently false or manipulated by the “sources” distributing the material for their reporting.

There’s not a single media outlet capable of doing that.

Think about a New York Times, CNN, New Yorker, Wall Street Journal, Mother Jones, Yahoo News or Washington Post journalist now having to write an article deconstructing a foundation of two-years worth of lies they participated in creating.

Do we really think such a catastrophic level of corrupted journalism could reconstitute into genuine reporting of fact-based information?

EVER?

Impossible.

 

Report: President Trump Likely To Nominate Heather Nauert as U.N. Ambassador…


Bloomberg news is asserting that President Donald Trump will soon announce his selection for U.S. Ambassador to the U.N. is Heather Nauert.

(Via Bloomberg) President Donald Trump has decided to nominate State Department spokeswoman Heather Nauert to replace departing United Nations Ambassador Nikki Haley, according to three people familiar with the decision.

Nauert, 48, is an unorthodox choice for the UN role given that she had little experience in government or foreign policy before joining the administration in April 2017 after several years as an anchor and correspondent for Fox News, including on the “Fox and Friends” show watched by Trump. Haley also didn’t have foreign policy experience when she took the UN posting, but she had twice been elected governor of South Carolina.

Nevertheless, Nauert has gained Secretary of State Michael Pompeo’s trust after being excluded from the inner circle of his predecessor, Rex Tillerson. She is also closely aligned with Trump’s daughter, Ivanka Trump, and her husband Jared Kushner.

One senior administration official, who discussed the move on condition of anonymity, said that Nauert would make a great UN ambassador because she is a great communicator. (read more)

All The Right Moves – Fiat Chrysler Opening Jeep SUV Plan in Detroit…


Background first:  There’s a massive shifting of manufacturing in the auto-industry and President Donald Trump is at the center of it.  The USMCA trade agreement is the newly constructed Trump fulcrum underneath the structure of all auto manufacturing.  POTUS Trump has shifted the location of this fulcrum through auto-tariffs; and the final determinations therein are still ongoing.

On Tuesday, POTUS invited the EU auto executives to the White House.  No doubt Trump, the executive businessman, was seeking to understand their position on how the EU crew will comply with a 75% USMCA rule of origin…. and feel-them-out over what leverage he could apply (tariff threshold) to enhance their manufacturing relocation decision.

Example: With tariff at 2.5% they won’t move anything just pay the duty; however at 10% or higher they might move engine building or transmission building to North America etc to get inside the rules of origin threshold.  Trump was likely exploring the Mercedes, VW and BMW perspectives while Angela Merkel was gnashing her teeth… “curse you villian”.

President/Businessman Trump is setting up a future for high-wage U.S. manufacturing workers.  POTUS is in apex predator mode… the combination of USMCA and tariff possibilities are like blood in the water surrounding: Dr. Dieter Zetsche (Mercedes), Dr. Herbert Diess (VW), and Dr. Nicholas Peter (BMW); while Trump asks questions.

Mike Manley the new CEO of Fiat Chrysler wants nothing to do with that scenario.  He ain’t about to get in the water.  Swimming with Trump? Oh, hell to the no:

(CnBC) Fiat Chrysler, riding a wave of strong truck and SUV sales, is planning to build a new final assembly plant in Detroit even as other American automakers scale back operations in the U.S., according to people familiar with the plan.

The assembly plant, an old Mack II Engine Plant that closed in 2012, will build a new three-row, Jeep Grand Cherokee SUV starting in 2020 as the automaker moves to keep up with strong demand for utility vehicles, the people said. A spokesperson for Fiat Chrysler would not comment on the report, nor confirm the automaker’s plans.

The move comes as the industry faces pressure from President Donald Trump to keep manufacturing jobs in the U.S. and stands in stark contrast to the recent decision by General Motors to stop production and idle five plants in North America including four in the United States. (read more)

Fiat Chrysler’s Mike Manley watched legendary CEO Sergio Marchionne dealing with President Trump in 2017 during two sets of meetings with key auto leaders [Marchionne seated at Trump’s immediate left above].  POTUS and titan Marchionne got along great; both old school deal-makers.  Lots of respect between the two leaders.

No doubt Mike Manley took heed of Sergio Marchionne’s approach when he took over as CEO of Fiat Chrysler earlier this year due to Marchionne’s untimely death.

Meanwhile the German crew have Angela Merkel to deal with.  Not so good.  Trump is really close to leveraging massive tariffs on Fraulein Merkel’s primary industry. Oh yeah, this stuff is buckets of fun.

Geopolitical-strategy-Trump doesn’t care about delicate sensibilities, and Merkel is trying to have her cake and eat it too with NATO defense (U.S. pays) and self-serving energy contracts with Russia (Germany saves).  Chancellor Merkel’s economic slip is showing and she is totally exposed to the massive leverage President Trump holds.

I can only imagine Merkel sitting in her office wondering: “how exactly did we get ourselves into this position, and never notice while we were traveling here”?

Methinks we might just see more Audi, VW, BMW and Mercedes auto plants. And I guarantee you we will see more Audi, Volvo, VW, BMW, Mercedes, Toyota (Lexus), Honda (Acura) and Nissan (Infinity) SUV component plants…. [Just like the Fiat Chrysler announcement today.]

Audi (Q7, Q5), Volvo (XC-90) and additional Mercedes (SUV) component production and manufacturing assembly plants will likely be crunching the numbers based on their Tuesday meeting.

Oh, this stuff is buckets of fun.

Senate Confirms CFPB Director Kathy Kraninger…


OMB Director Mick Mulvaney has been wearing two hats as both head of the Office of Management and Budgets and head of the Consumer Financial Protection Bureau (CFPB).

Democrats went bananas in 2017 when Mulvaney took over the source of their financial black-mail and fundraising scheme constructed by Elizabeth Warren.

Today the senate voted to confirm Mulvaney’s protege’ Kathy Kraninger to replace him.

Democrats are still going bananas.

WASHINGTON (Reuters) – The U.S. Senate voted 50-49 on Thursday to confirm President Donald Trump’s nominee to lead the U.S. consumer watchdog despite opposition from Democrats and consumer groups who say she is unqualified.

Kathy Kraninger will serve as director of the Consumer Financial Protection Bureau (CFPB), replacing acting chief Mick Mulvaney, after Trump signs a declaration approving her five-year term.

The banking industry and consumer groups will be watching to see whether Kraninger, who is currently a senior official at the White House budget office, will take on Mulvaney’s mantle and continue to aggressively curtail the CFPB’s enforcement and rule-writing agenda.  (read more)