President Trump Steps In To Stop Treasury Sanctions Against China During Trade Negotiations…


Yesterday the U.S. Treasury announced sanctions against two Chinese shipping firms for violating ongoing sanctions against North Korea [TREASURY HERE].

With USTR Robert Lighthizer and Secretary Mnuchin set to travel this weekend to Beijing for ongoing trade discussion, the sanction timing complicates the dance with the dragon. Subsequently President Trump sends the following tweet:

Slamming China with sanctions (over DPRK dragon activity) while Beijing is showing the Panda mask (during Beijing trade negotiations) is not wise. If the Panda mask drops during trade negotiations to reveal the Dragon face, then ok. However, the majority of the West, driven by a misunderstanding of the China-DPRK relationship, does not know how directly a manipulative Beijing controls Pyongyang.

Taking aggressive sanction action against China could backfire with Beijing ordering those around Chairman Kim to test a missile.

President Trump and USTR Lighthizer know the nuance and subtlety needed in the dance with the dragon.  The larger issue of DPRK denuclearization, the bottom-line reason for the North Korea sanctions, will be solved within the U.S.-China trade discussion.

Of course the media, who have no concept of the dance with the dragon/panda; and no concept of Chairman Xi’s control over Chairman Kim; will jump in to say President Trump is only exhibiting short sighted egoism toward a relationship with Chinese Chairman Xi Jinping.  President Trump is doing exactly the opposite of being short-sighted; in fact he’s looking at the much larger picture.

The White House puts out a statement: “President Trump likes Chairman Kim and he doesn’t think these sanctions will be necessary.”  Again, President Trump is playing to the current Panda mask position of Chairman Xi, and positioning U.S.T.R Lighthizer’s upcoming trip to China without the controversy of recent sanctions looming over the negotiations.

In the dance with the dragon, all action must take place toward the face that is currently visible.  Beijing is currently showing the Panda face.  The U.S. Team know the Panda mask is just that, a mask.  This is one of the nuances in dealing with China.

It would be poor form, and ultimately result in little progress, to approach the Panda mask using dragon hostility.  This is not how successful outcomes against the Chinese are reached.

The dragon weapons, in this case brutal sanctions, are saved for when the Panda mask is visibly removed; and/or when the Chinese opponent knows you are aware of their duplicity.  Deploy countermeasures too early, and your give an excuse for the Panda to drop the mask.

When dealing with China all negotiations must come from a place where China gains something.  From the Chinese position if it does not benefit China; if it does not gain them value; it is not done.  If there is nothing positive to gain from negotiations, then no action is taken.

The outcome of negotiating to ‘lose less’ is not a position that China accepts.

President Trump already has the Chinese government controlled economy in a state of worry.  That worry keeps companies away from engaging with China.  That worry is a negative position for Beijing.  The elimination of that worry is a positive outcome.  China will negotiate terms if they can gain the value of eliminating economic worry.

Thus, the dance with the dragon.

President Trump Impromptu Presser Departing White House…


Earlier this morning President Trump delivered remarks to the White House press pool as he departed for Mar-a-lago.   [Video and Transcript below]

[Transcript] – South Lawn – 9:45 A.M. EDT

Q Mr. President, do you expect the Mueller report to be submitted today?

THE PRESIDENT: I have no idea about the Mueller report.

I’m going to Florida. We have meetings with the five Caribbean leaders. That’ll be at Mar-a-Lago. We have a lot of other meetings set up for this weekend on trade. We have a lot of talks with China. And a lot of things are happening. We’ll be doing it from Florida. And a lot of very important things are happening.

Q You said the Democrats are anti-Israel —

THE PRESIDENT: Yeah.

Q You said the Democrats are anti-Israel and that they are anti-Jewish. They’re all skipping the AIPAC conference next week, but you’re not going as well.

THE PRESIDENT: The Democrats have very much proven to be anti-Israel. There’s no question about that. And it’s a disgrace. I mean, I don’t know what’s happened to them. But they are totally anti-Israel. Frankly, I think they’re anti-Jewish.

Q (Inaudible) reports that there were 100,000 illegal (inaudible) border (inaudible) —

THE PRESIDENT: Yeah, we’re being very, very strong on the border. The number is enormous of people that we’ve captured, people that we’ve apprehended, but we’re going to take care of it. We are being very, very tough at the border.

Q Congressional investigations, Mr. President — are you telling your staff not to comply?

THE PRESIDENT: It’s just a continuation of the same witch hunt. They know it. And behind closed doors, they laugh at it. It’s just a continuation of the same nonsense. Everybody knows.
They ought to go to work, get infrastructure done, and get a lot of other things done instead of wasting everybody’s time.

Q Mr. President, what’s your reaction to the reports that —

THE PRESIDENT: I can’t hear you.

Q What’s your reaction to the reports that Jared Kushner used an encrypted app to communicate with foreign officials?

THE PRESIDENT: I know nothing about it. I’ve never heard that. I’ve never heard about it.

Q Mr. President, if Robert Mueller is presiding over a hoax, do you think Robert Mueller is personally dishonest in this whole thing?

THE PRESIDENT: Well, we’re going to see what happens. It’s going to be very interesting. But we’ll see what happens. There was no collusion. There was no obstruction. Everybody knows it. It’s all a big hoax. It’s — I call it the witch hunt. It’s all a big hoax.

So we’ll see what happens. I know that the Attorney General, highly respected, ultimately will make a decision.

Q Mr. President, is there (inaudible) process (inaudible) —

THE PRESIDENT: There won’t be. And if there is, it’ll only play to our advantage.

END 9:48 A.M. EDT

Maria Bartiromo Interviews President Donald Trump…


Shortly before the president signed an executive order on affirming first amendment rights on college campuses yesterday, President Trump sat down for an extensive interview with Maria Bartiromo.

The interview covers a wide range of topics with a primary focus on the U.S. economy, ongoing trade discussions and issues that impact the U.S. workforce. One of the granular issues that surfaces is a subject we discuss frequently, the value of the ‘chicken tax‘; the 25% tariff on imported trucks and SUV’s.   WATCH:

The Business Cycle


Armstrong Economics Models

Defining the Business Cycle

BusinessCycle-Waves of Creative Destruction

By Martin Armstrong

There are those that adamantly deny the existence of a Business Cycle for one simple reason; if a regular Business Cycle exists, then man and his government, driven by special interests, are incapable of manipulating its outcome. The entire foundation of Marxism was the recognition of the Business Cycle and the idea that it could be eliminated by confiscating all the wealth of the people. Even John Maynard Keynes(1883–1946) followed this basic tenet of Karl Marx (1818–1883) and assumed that government had a role it could play in preventing the Business Cycle from rising and falling. Yet in the midst of such adversity, what these ideas ignored is that man learns from his mistakes as an individual as well as a group. It has been through the Business Cycle that all advancement and thus economic evolution emerges. Joseph Schumpeter (1883–1950) called these Business Cycle events – Waves of Creative Destruction. Unless oil rises in price to excessively high price levels, alternative fuels will never be developed. There must be a viable economic foundation to open the door to whatever new alternative might exist. This becomes the economic evolution within society.

 

This assumption that man is even capable of altering the Business Cycle at will is the delusion of demigods. Paul Volcker, former Chairman of the Federal Reserve, expressed in his 1979 Rediscovery of the Business Cycle:

“Not much more than a decade ago, in what now seems a more innocent age, the ‘New Economics’ had become orthodoxy. Its basic tenet, repeated in similar words in speech after speech, in article after article, was described by one of its leaders as ‘the conviction that business cycles were not inevitable, that government policy could and should keep the economy close to a path of steady real growth at a constant target rate of unemployment. … By the early 1970s, the persistence of inflationary pressures, even in the face of mild recession, began to flash some danger signals; the responses of the economy to the twisting of the dials of monetary and fiscal policy no longer seemed quite so predictable. But it was not until the events of 1974 and 1975, when a recession sprung on an unsuspecting world with an intensity unmatched in the post-World War II period, that the lessons of the ‘New Economics’ were seriously challenged.”

Burns Arthur

Keynes-5Even the previous Chairman of the Federal Reserve Arthur Burns (1904-1987) shared the same view. Government with all its power and endorsement of John Maynard Keynes (1883-1946) who argued that the economy can be managed to eliminate the Business Cycle, has been unable to prevent recessions and economic booms.

AmBusCycle-1

Indeed, the Business Cycle is as regular as the four seasons for even weather is incorporated within it. As weather has fluctuated according to a 300-year cycle in the energy output of the sun, mankind has been driven hither and yon in search of better weather and food supply. Thus, migration throughout the world has also been a byproduct of the Business Cycle. Even if we look at the economic composition of society since the late 1700s, we can see how nothing remains stagnant but is always captured within the fluctuations of the Business Cycle.

CW-FORCETo a large extent, society was still 70% agrarian in major countries during the mid-19th century. By 1900, still about 41% of the civil work force was employed in agriculture, which fell to 3% finally by 1980. Consequently, one can neither manipulate the weather nor dictate to God what he prefers to see economically. Simply put, you cannot pass a law to prevent droughts or make it rain.

Bus-Cyc1795-1945

During the 19th century, there were great waves of innovation that certainly helped to bring about recoveries within the U.S. economy. Nonetheless, while these stages of the Industrial Revolution were unfolding to propel the economy out of the depths of recession or depression, money supply was also unpredictable. Because the monetary standard was gold at the time, this cause havoc with the economy for great waves of inflation were unleashed upon the population purely as a factor of new discovery. There was the 1849 Gold Rush is California. This was followed by the Australian Gold Rush where between 1851 and 1861, Australia produced one third of the world’s new gold supply. The silver discoveries in Colorado took place in 1864 and this eventually fueled the huge inflationary boom flooding the economy with silver dollars after 1878 that led to the Panic of 1893. Then in Alaska gold was discovered in large quantities in the Klondike on August 16, 1896. This created another great expansion of money supply. These were similar devastating economic booms and busts  to the great import of precious metals from the New World by Spain that sparked massive inflation for Europe during the 16th and 17th Centuries that resulted in the bankruptcy of Spain.

ECO-1895-MA

The Economic Confidence Model (ECM) is a refined theory of the Business Cycle by Martin Armstrong. The Business Cycle has been observed by many over the centuries and the driving mechanism is indeed complex, but it certainly incorporates many aspects from the repetitive forces of nature as in the changing seasons to the human passions of man that to a large extent result in the repetitive forces driven by the passions of man.

PRESELEC-3

Everything is incorporated within the Business Cycle from weather to politics. Nothing moves in a straight line. Even your heart beats in a cycle. Nothing is free of a cycle as long as it lives.

Dec&Fall-Silver

If we look at the Roman Empire, we see the same cyclical forces at work. There is in fact no Empire, Nation, or City-State that has survived the ravages of time and circumstance for all societies are buried within a common grave

Understanding the ECM


From Armstrong Economics Models

Martin Armstrong We are Now Alone

The key to comprehending the Global Economy lies in the realization that we are not alone. Everything is connected in an intricate dynamic nonlinear network where the slightest change in one region can set in motion a ripple effect of dramatic proportions around the world. Understanding this dynamic nonlinear global network is the first step in restructuring government and our idea of managing our political-social-economy.

The primary mistake many make with the Economic Confidence Model (ECM) is assuming it should be a perfect model for the stock market, gold, or some other market. It is a global model and does not track any individual market. It is tracking the phenomenon of international capital flows. There is a shift back and forth between PUBLIC and PRIVATE investment trends. For example, the wave that peaked in 1929 was a PRIVATE wave where people had great confidence in the private sector. When the crash came, we turned toward the government creating a more conservative wave of PUBLIC investment where bonds do better than stocks.

The peak of that PUBLIC wave was marketed by the peak in interest rates during March 1981. Confidence shifted back to the PRIVATE sector and the Dow Jones finally broke through the 1,000 barrier. The takeover boom began as stocks had been ignored during the PUBLIC wave and actually bottomed in 1977 from a book value perspective. The takeover boom was caused by the realization that you could buy companies, sell there assets, and double your money. Stocks were seriously undervalued.

Capital concentrates into a single region and then into a single market. There is a cycle to this as well from within a region such as the hot market will be real estate, bonds, stocks, commodities, and then back to real estate. What makes a bubble is this concentration of capital. However, every market retains its own cycle and it is when that cycle lines up with the ECM that we get the big booms and busts. Gold has a 8 year cycle that is fractal building into a 64 year cycle. It peaked in 1980 and declined for 19 years until its model turned in 1998. Because gold has been used as money periodically, you must understand that in a gold standard, inflation means gold declines, whereas it is the opposite during a free market. Therefore, while the 64 year model shows an idealized peak for 1998, it is a turning point rather than a particular high of low. The low in gold at that time sets it up for its ultimate high against government 64 years later.

The key to understanding the ECM is this global capital concentration. Hence, 1929 was a concentration of capital in the USA as money fled Europe and correctly so since they by and large defaulted on their national debts in 1931. This drove the dollar to historic highs, confused politicians who then adopted protectionism, all because capital was fleeing. Today, capital is fleeing Europe in fear of defaults once again.

Its proper use of the ECM is to understand that it is NOT a model based upon a single market and it should not be attempted to force fit this model to any individual market. The key is to watch the individual market that is lining up with the ECM and that is where the most intense capital flow will be moving.

This is why there was a bubble top in US in 1929 and 1989 in Japan. It is global capital flows. Each market has its own cycle that is separate and unique. It is when that individual market lines up with the ECM that you get the big moves.


The 2007.15 turning point picked precisely to the day the peak in the real estate indexes. That was the real turning point. The pressed called it Armstrong’s Revenge. But this is simply how these function. Capital concentrates into a single sector within a single region. It is that concentration of capital that makes that market explode.

The 8.6 year frequency is fractal in nature and it may indeed work from different dates other than the formal dates we show on the ECM. This is a frequency that is inherent in everything and is fractal in nature. Its proper use is determining the shifts in capital flows to yield the boom bust cycle in the economy (global investment). It is by no means a universal model for every market. Cycle duration in Agriculture tend to be shorter and more volatile because they are also lined up with weather. The markets in financials (stocks & bonds) tend to be the longer than commodities, with the longest cycle duration being real estate.

This cycle has been present even in ancient data. So it is by no means geared to a single market nor should it be presumed to be a perfect model for an individual market. Each market has its own cycle. These are what we show in the Forecast Arrays which are not based on the ECM. It is the correlation of the individual market cycles to the ECM that we discovery where capital will flow to next.

By no means try to use this for a individual market unless that market lines up with the ECM. As you can see, all the things that turn with the ECM over years is based upon capital concentration. It is inherent within the economic structure that we live

The Economic Confidence Model


From Armstrong Economics Models

ECM-Wave-2011-2020The business Cycle is something everyone admits exists, yet they refuse to accept that it can be defined and forecast with accuracy.  The future to most seems to be an intangible part of time itself.  It has no shape, no definition, no substance, yet politicians claim vote for them and they will force the future to comply with your desires. Nonetheless, simultaneously they argue that the future cannot be measured for we do not know its limitations or its boundaries. The future is very much an intangible, yet not when it comes to soliciting votes.

Fortuna-2Yet is it true that we do not know whether there lies ahead thousands of years or if tomorrow may exhaust the supply of time held within future’s grasp. The Roman goddess Fortuna was pictured holding a cornucopia in one arm with the other on the rudder of ship symbolizing she could change the course of your future any time she so pleased. Only the past and the present are tangible. They can be measured, studied, written about, philosophized about or even ignored for that matter. Yet the past and present remain the quantified tangible part of time itself for they are the only surviving evidence that time even exists.

Burns Arthur

Nevertheless, there were two former Federal Reserve Chairmen Arthur Burns and Paul Volcker have concede that the business has defeated all attempt to manipulate society. Paul Volcker even called it the Rediscovery of the Business Cycle The entire theory that government can steer the economy has been proven to be so wrong it is no longer funny.

Throughout recorded time, man has pursued an unrelenting search of some method, some scheme that would steal the very secrets held captive by the future. Mankind’s pursuit of the future has not only caused him to search the far corners of the world, but that of the universe as well.

Delphi-5
In ancient times, men of celebrated wisdom and stature would go to great lengths to travel from the remotest parts of the Hellenistic world to listen to the riddles spoken by a virgin in the lofty mountain tops at Delphi. The tradition of consulting the oracle at Delphi persisted throughout the centuries. The oracle of Delphi compelled even the emperors of Rome hundreds of years later to embark on that very same pilgrimage in search of the answers to the future.

Within every society, man has sought after the illusive secrets that he has envisioned being held captive in a golden cage by the future. Human kind has sought not merely oracles, but fortune tellers, sibyls, soothsayers, seers, mystics, and some noted charlatans and has listened to the interpretations of everything from tarot cards, the entrails of animals they kill, the flight of an owl, to the path of a comet in the night sky. The secrets of the future have forged the human soul into the supernatural.

From a purely objective viewpoint, humankind has stumbled upon curious means that have had some success. Astrology has divided man and his very personality into twelve sun signs. Upon close inspection, although this science is far from being completely accurate, one will notice a sense of striking reality. Parts of this are amazingly accurate in assigning traits and even predicting the future in regards to an individual’s emotions.

Too often we are compelled to make fun of or shun new concepts. Many people believe completely in the occult and will testify to the accuracy of tarot cards and astrological charts. It is said that Napoleon and Hitler both directed their many battles in coordination with the readings and predictions derived from the stars. Such methods obviously are not completely accurate or today we would have been ruled by Adolph Hitler, Jr. or Napoleon X.

 

But nevertheless, there is some sense of truth that lies hidden within the stars. Is it possible that man did indeed stumble gracefully upon some mystical force? The universe itself was, after all, conceived upon a pattern of cycle. If it were not for this cyclical pattern, we would be unable to predict such common place events as winter, summer, spring and fall. Even everyday events such as watching the weather on television comes from a a study of its past or cyclical movements. With the study of the past, man has attained some success in forecasting the future.

The key to comprehending the Global Economy lies in the realization that we are not alone. Everything is connected in an intricate dynamic nonlinear network where the slightest change in one region can set in motion a ripple effect of dramatic proportions around the world. Understanding this dynamic nonlinear global network is the first step in restructuring government and our idea of managing our political-social-economy.

The primary mistake many make with the Economic Confidence Model (ECM) is assuming it should be a perfect model for the stock market, gold, or some other market. It is a global model and does not track any individual market. It is tracking the phenomenon of international capital flows. There is a shift back and forth between PUBLIC and PRIVATE investment trends. For example, the wave that peaked in 1929 was a PRIVATE wave where people had great confidence in the private sector. When the crash came, we turned toward the government creating a more conservative wave of PUBLIC investment where bonds do better than stocks.

The peak of that PUBLIC wave was marketed by the peak in interest rates during March 1981. Confidence shifted back to the PRIVATE sector and the Dow Jones finally broke through the 1,000 barrier. The takeover boom began as stocks had been ignored during the PUBLIC wave and actually bottomed in 1977 from a book value perspective. The takeover boom was caused by the realization that you could buy companies, sell there assets, and double your money. Stocks were seriously undervalued.

Capital concentrates into a single region and then into a single market. There is a cycle to this as well from within a region such as the hot market will be real estate, bonds, stocks, commodities, and then back to real estate. What makes a bubble is this concentration of capital. However, every market retains its own cycle and it is when that cycle lines up with the ECM that we get the big booms and busts. Gold has a 8 year cycle that is fractal building into a 64 year cycle. It peaked in 1980 and declined for 19 years until its model turned in 1998. Because gold has been used as money periodically, you must understand that in a gold standard, inflation means gold declines, whereas it is the opposite during a free market. Therefore, while the 64 year model shows an idealized peak for 1998, it is a turning point rather than a particular high of low. The low in gold at that time sets it up for its ultimate high against government 64 years later.

The key to understanding the ECM is this global capital concentration. Hence, 1929 was a concentration of capital in the USA as money fled Europe and correctly so since they by and large defaulted on their national debts in 1931. This drove the dollar to historic highs, confused politicians who then adopted protectionism, all because capital was fleeing. Today, capital is fleeing Europe in fear of defaults once again.

Its proper use of the ECM is to understand that it is NOT a model based upon a single market and it should not be attempted to force fit this model to any individual market. The key is to watch the individual market that is lining up with the ECM and that is where the most intense capital flow will be moving.

This is why there was a bubble top in US in 1929 and 1989 in Japan. It is global capital flows. Each market has its own cycle that is separate and unique. It is when that individual market lines up with the ECM that you get the big moves.


The 2007.15 turning point picked precisely to the day the peak in the real estate indexes. That was the real turning point. The pressed called it Armstrong’s Revenge. But this is simply how these function. Capital concentrates into a single sector within a single region. It is that concentration of capital that makes that market explode.

The 8.6 year frequency is fractal in nature and it may indeed work from different dates other than the formal dates we show on the ECM. This is a frequency that is inherent in everything and is fractal in nature. Its proper use is determining the shifts in capital flows to yield the boom bust cycle in the economy (global investment). It is by no means a universal model for every market. Cycle duration in Agriculture tend to be shorter and more volatile because they are also lined up with weather. The markets in financials (stocks & bonds) tend to be the longer than commodities, with the longest cycle duration being real estate.

This cycle has been present even in ancient data. So it is by no means geared to a single market nor should it be presumed to be a perfect model for an individual market. Each market has its own cycle. These are what we show in the Forecast Arrays which are not based on the ECM. It is the correlation of the individual market cycles to the ECM that we discovery where capital will flow to next.

By no means try to use this for a individual market unless that market lines up with the ECM. As you can see, all the things that turn with the ECM over years is based upon capital concentration. It is inherent within the economic structure that we live.

Bitcoin v Gold


QUESTION: Do you think that Bitcoin will replace gold as some people claim it is some new reserve asset?

Thank you for being the voice of reason in the middle of all these people p[reaching their own position.

GD

ANSWER: That is really a bizarre question. I do not see how that is possible. As far as it becoming a reserve asset that surpasses everything else, I would have to say that is not plausible. These are proposals propagated clearly by retail people involved in the conspiracy world. Even if we look at the German hyperinflation, the PRIMARY assets to survive was real estate. That became the backing of the replacement currency.

 

Money itself is NEVER a store of wealth. It rises and falls against tangible assets. I have stated plenty of times that Bitcoin is a trading vehicle — nothing more. Just look at the chart. This fluctuates like everything else. That alone proves it will never be some mythical store of value or reserve assets. Our Energy Models have turned negative so it has squeezed out most of the excess which would allow it to make a rally if it exceeds the Weekly Bullish Reversals (see Socrates report for further details — available to subscribers only).

It does not matter what you are talking about. ABSOLUTELY NO instrument will ever be the main “reserve asset” for people will always disagree. There will be people who cling to gold, others to stocks or real estate, and then we have the sublime fools who will hold government debt. You will never convince everyone to create a single reserve asset.

These are usually the rantings of people unfamiliar with how the world economy really functions. Even central banks hold dollars but in bonds to earn interest. They do not hold physical paper dollars. When they were leasing out gold to earn some income, these same people accused them of suppressing the market in a conspiracy.

Institutions need to earn some income. This is why they do not hold gold. Gold shares they can’t hold but bullion must be lent out to earn income. How are they going to hold Bitcoin that pays no interest and fluctuates like any other commodity?

What these people preach sounds great to the retail market who is just looking to make capital gains. But institutions cannot function that way. Pension funds need income to make payments. They can no more hold Bitcoin than gold bullion in a vault without income.

 

Despite Massive Media Effort Justin Trudeau’s Judicial Corruption Scandal Won’t Go Away…


The left-wing media in Canada is doing everything possible to shape, defend and protect Canadian Prime Minister Justin Trudeau from a corruption scandal created by his pressure to stop a criminal case against SNC-Lavalin. {Background Here} and {Update Here}.

The depth of the corruption is evidenced by the level of manipulation deployed by the Canadian state-run media, and yet they are still unable to bury the issue for him.

In the latest development….

OTTAWA (Reuters) – A Canadian cabinet minister, who had quit in protest over the government’s handling of a corruption scandal, said she and others had more to say about the matter, indicating more pain to come for embattled Prime Minister Justin Trudeau.

Trudeau has been on the defensive since Feb. 7 over allegations that top officials working for him leaned on former Justice Minister Jody Wilson-Raybould last year to ensure that construction company SNC-Lavalin Group Inc avoided a corruption trial.

“There’s much more to the story that should be told,” former Treasury Board President Jane Philpott told Macleans’ magazine in an interview released on Thursday. (link)

The interview with liberal Jane Philpott outlines how the far-left within her party are furious that she dare expose criminal conduct by Justin Trudeau.  The once lauded and praised Ms. Philpott is now the subject of targeted attacks against her simply because she refused to participate in the cover-up.

The interview is very telling [READ HERE] There’s a full transcript of the interview.

Here’s a broadcast interview with reporter Paul Wells of Maclean’s magazine (the journalist who conducted the recent interview of Ms. Philpott).  CBC attempts to water-down the political damage and yet retain the appearance of journalism:

.

Trudeau will not allow Jane Philpott or Jody Wilson-Raybould to give any details on the issues, citing Parliamentary Privilege.  As former cabinet members neither lady are permitted to discuss the internal deliberations that would outline the scandal unless they are allowed to do so by Trudeau.  Obviously the prime minister’s political interests are best served by keeping them silent.  Justin is not going to allow them to talk.

Along with Trudeau’s heavy-handed tactics to silence the former cabinet officials, the liberal party, in majority control of government, have done everything possible to provide cover for Trudeau; including the House of Commons justice committee shutting down its inquiry on Tuesday, saying no more action was needed.

The problem for Trudeau is the pesky truth doesn’t hide easily.  The conservative party in Canada is rightly pointing out that if there is nothing to fear, then Trudeau should allow his former officials to testify as to what specifically happened.

The Canadian media are so far out of the mainstream defending their liberal lightbringer, the end political result might be the exact opposite of their desired intent. Quite simply, the Canadian electorate seem to be seeing right through the media and parliamentary manipulation.

With an election in October; and with Justin refusing to allow sunlight to the entirety of what took place; there’s a growing possibility the lack of fulsome inquiry might just backfire politically.

In an effort to keep hiding from the truth, unbelievably Justin Trudeau is now refusing to speak English. The French speaking Canadian’s are more left-leaning; he needs to keep that base of support in order to avoid even worsening political fallout. So Trudeau is now only speaking French to avoid being spotlighted, in social media video captures, as he attempts to cloud, obfuscate and manipulate his way out of the scandal.

I’ve never seen anything quite like it.  The level of manipulative intent is jaw-dropping.

It really is quite stunning to watch. SEE:

Embedded video

Ezra Levant 🍁

@ezralevant

He panicked, and answered in French for some reason.

His first language is English, so is hers, so is the former attorney general.

The question was in English.

But he panicked and reached for some line he had memorized.

He panicked.

404 people are talking about this

The left-wing media in Canada is doing everything possible to shape, defend and protect Canadian Prime Minister Justin Trudeau from a corruption scandal created by his pressure to stop a criminal case against SNC-Lavalin. {Background Here} and {Update Here}.

The depth of the corruption is evidenced by the level of manipulation deployed by the Canadian state-run media, and yet they are still unable to bury the issue for him.

In the latest development….

OTTAWA (Reuters) – A Canadian cabinet minister, who had quit in protest over the government’s handling of a corruption scandal, said she and others had more to say about the matter, indicating more pain to come for embattled Prime Minister Justin Trudeau.

Trudeau has been on the defensive since Feb. 7 over allegations that top officials working for him leaned on former Justice Minister Jody Wilson-Raybould last year to ensure that construction company SNC-Lavalin Group Inc avoided a corruption trial.

“There’s much more to the story that should be told,” former Treasury Board President Jane Philpott told Macleans’ magazine in an interview released on Thursday. (link)

The interview with liberal Jane Philpott outlines how the far-left within her party are furious that she dare expose criminal conduct by Justin Trudeau.  The once lauded and praised Ms. Philpott is now the subject of targeted attacks against her simply because she refused to participate in the cover-up.

The interview is very telling [READ HERE] There’s a full transcript of the interview.

Here’s a broadcast interview with reporter Paul Wells of Maclean’s magazine (the journalist who conducted the recent interview of Ms. Philpott).  CBC attempts to water-down the political damage and yet retain the appearance of journalism:

.

Trudeau will not allow Jane Philpott or Jody Wilson-Raybould to give any details on the issues, citing Parliamentary Privilege.  As former cabinet members neither lady are permitted to discuss the internal deliberations that would outline the scandal unless they are allowed to do so by Trudeau.  Obviously the prime minister’s political interests are best served by keeping them silent.  Justin is not going to allow them to talk.

Along with Trudeau’s heavy-handed tactics to silence the former cabinet officials, the liberal party, in majority control of government, have done everything possible to provide cover for Trudeau; including the House of Commons justice committee shutting down its inquiry on Tuesday, saying no more action was needed.

The problem for Trudeau is the pesky truth doesn’t hide easily.  The conservative party in Canada is rightly pointing out that if there is nothing to fear, then Trudeau should allow his former officials to testify as to what specifically happened.

The Canadian media are so far out of the mainstream defending their liberal lightbringer, the end political result might be the exact opposite of their desired intent. Quite simply, the Canadian electorate seem to be seeing right through the media and parliamentary manipulation.

With an election in October; and with Justin refusing to allow sunlight to the entirety of what took place; there’s a growing possibility the lack of fulsome inquiry might just backfire politically.

In an effort to keep hiding from the truth, unbelievably Justin Trudeau is now refusing to speak English. The French speaking Canadian’s are more left-leaning; he needs to keep that base of support in order to avoid even worsening political fallout. So Trudeau is now only speaking French to avoid being spotlighted, in social media video captures, as he attempts to cloud, obfuscate and manipulate his way out of the scandal.

I’ve never seen anything quite like it.  The level of manipulative intent is jaw-dropping.

It really is quite stunning to watch. SEE:

Embedded video

Ezra Levant 🍁

@ezralevant

He panicked, and answered in French for some reason.

His first language is English, so is hers, so is the former attorney general.

The question was in English.

But he panicked and reached for some line he had memorized.

He panicked.

404 people are talking about this

President Trump Delivers Remarks During Free Speech Event at White House – 3:30pm Livestream…


President Trump participates in an Executive Order signing and delivers remarks on “improving free inquiry, transparency, and accountability on campus.”  Anticipated start time 3:20pm EST

UPDATE: Video and Transcript Added Today, President Donald J. Trump will deliver remarks on promoting and protecting free speech on college campuses and sign an Executive Order on “Improving Free Inquiry, Transparency, and Accountability at Colleges and Universities.”

The order instructs Federal agencies to ensure public and private institutions of higher education are upholding the First Amendment or their stated policies on free speech. Free inquiry and free speech are essential features of our Nation’s democracy. This order is part of the Trump Administration’s administrative and legislative efforts to support a focus on student outcomes and improve transparency, accountability, and affordability in post secondary education. (White House)

[Transcript] – East Room -3:43 P.M. EDT – THE PRESIDENT: Thank you very much. Please be seated. I am truly delighted to welcome so many impressive young Americans to the White House. This is a very exciting day. What we’re doing is very important. And we’re here to take historic action to defend American students and American values. They’ve been under siege.

In a few moments, I will be signing an executive order to protect free speech on college campuses. Just the thought of it sounds good. We’re grateful — (applause). It’s true.

We’re very grateful to be joined today by Secretary of Education Betsy DeVos. Betsy? Where are you, Betsy? Hi, Betsy. (Laughter.) And Secretary of Health and Human Services, who has done a really great job — we have prescription drug prices coming down — first time in 51 years, so — Alex Azar. Thank you very much, Alex. (Applause.)

Most importantly, let me thank all of the college students and recent graduates here with me on stage. Incredible young people. These courageous Americans have stood up [DEL: for :DEL] [to] the forces of political indoctrinations — and they really stood up to it, too, like very few people have been able to; censorship; and coercion.

You refused to be silenced by powerful institutions and closed-minded critics, of which there are many. You faced down intimidation, pressure and abuse. You did it because you love your country and you believe in truth, justice, and freedom. And I want to thank you all, everybody in the room, including a lot of folks in the audience. Charlie. A lot of folks,

You’ve fought bravely for your rights and now you have a President who is also fighting for you. I’m with you all the way. Okay? All right? (Applause.)

In America, the very heart of the university’s mission is preparing students for life as citizens in a free society. But even as universities have received billions and billions of dollars from taxpayers, many have become increasingly hostile to free speech and to the First Amendment. You see it all the time.

You turn on the news and you see things that are horrible. You see people being punched hard in the face. But he didn’t go down. He didn’t go down. (Applause.) I said, “You have a better chin than Muhammad Ali, and he had a great chin.” (Laughter.) And you see the cowbell scene. You saw that horrible scene. That was a disgraceful thing at a school, at a university.

Under the guise of “speech codes” and “safe spaces” and “trigger warnings,” these universities have tried to restrict free thought, impose total conformity, and shut down the voices of great young Americans like those here today. These are great people.

All of that changes starting right now. We’re dealing with billions and billions and billions of dollars. (Applause.) Taxpayer dollars should not subsidize anti-First Amendment institutions. And that’s exactly what they are: anti-First Amendment. Universities that want taxpayer dollars should promote free speech, not silence free speech. (Applause.)

Today’s groundbreaking action is the first in a series of steps we will take to defend students’ rights. We are proudly joined by several young Americans who can speak directly about ideological intolerance on campus.

Here with us is Ellen Wittman, a junior at Miami University in Ohio. A great school. Ellen is the President of Students for Life.

In 2017, Ellen planned an annual event to display small wooden crosses representing the lives of the unborn. School officials informed Ellen that she would be required to post signs all over campus providing a “trigger warning” to other students regarding her display.

Ellen, please come up. Say a few words. Tell us your story, please. (Applause.) Thank you.

MS. WITTMAN: Well, thank you, Mr. President. This is a truly historic day in our country’s history. And I am so grateful that we have a President who recognizes that the First Amendment is under attack on our college campuses.

My story is so important because I have seen lives saved through my Students for Life efforts on campus. But I never imagined the hostility I would face when trying to express my beliefs. It’s ridiculous that it has gotten to this point.

Universities are supposed to be marketplaces of ideas. They should be encouraging free speech, not shutting it down. And speech is not free when university officials put conditions on student speech. The only permit we need to speak on campus is the First Amendment. Thank you, Mr. President. (Applause.)

THE PRESIDENT: You watch, we will be witnessing today some great future political leaders. There’s plenty of them in the room. Not just up here, right? Out there too. We really appreciate it. That was beautiful. Thank you very much.

We’re also joined by Kaitlyn Mullen, a student at the University of Nebraska in Lincoln. While simply standing at a table to represent a conservative group on campus, Turning Point USA — which does such incredible work. And thank you very much, Charlie. It’s true. Come on. We can give him a hand. (Applause.) Thank you.

Kaitlyn was approached by staff and a graduate instructor, and was berated and cursed at. School officials tried to bully Kaitlyn into leaving, but she bravely stood her ground. Kaitlyn, please come up and say a few words. Okay, Kaitlyn? Thank you. (Applause.)

MS. MULLEN: Thank you, Mr. President. What happened to me is common on universities today and students are getting shut down and silenced on campus. So I’m really thankful that President Trump is addressing this issue because, as the future of America, it’s important that our universities are a place where we could speak freely and have healthy, respectful dialogue on campus.

So thank you so much, President Trump, for doing this. No other student should have to go through what I’ve gone through on campus. So thank you. (Applause.)

THE PRESIDENT: Thank you very much. Thank you, Kaitlyn. Beautiful.

And I have to say that, you know, we have — in my opinion, we have more than they have. People don’t realize that. You see what’s going on.

I just came back from Ohio. The streets were lined with people. I came back recently from Alabama, where they had that horrible tornado. It was terrible. But the people were lined as far as the eye could see — lined up with people. And we’re here. This is the White House. I’m the President. And we’re together.

And hopefully, we can bring everybody together. That’s really what we want to do. And they can have different views. And if they do have different views, we encourage that. But they have to let you speak. They have to let you speak.

Also here with us today is Polly Olson, a student at Northeast Wisconsin Technical College. Last year, Polly was handing out homemade Valentine’s Day cards with messages such as “You are special” and “Jesus loves you.”

College officials stopped her and told her that she would be restricted to so-called “free speech zone” because some people might find her cards offensive. I don’t. (Laughter.) I love that card. (Applause.) In fact, Polly, give me some. I’ll send them around to my friends. (Laughter.)

Polly, please say a few words. Polly. Polly, thank you. (Applause.)

MS. OLSON: So freedom of speech is near and dear to my heart. My mother told me while she was homeschooling me that I would need to know what my First Amendment rights were because someday they would be violated and I would have to stand up for them.

So I’m carrying on her legacy of handing out these little valentines encouraging people to know that they are loved and cared for. And within 15 minutes of setting foot on my campus this past year, I was told that I was soliciting and disrupting the learning environment and that it would not be tolerated and that I would have to stop handing out my valentines.

And I contacted some friends of mine and they sent me to WILL to have legal counsel because this wasn’t the first time the school had done it to me. They had stopped me a year — well, a few months after my mom died — and told me that I was not allowed to do it then. So I went through months of trying to get them to change this policy that they were enforcing, and they told me that they would do it. Well, that was five years ago.

So now it was time to take action and make them follow through with what they were telling me that they were going to do — trying to shut me up. I’m just one of many students that are out there that universities and schools are trying to shut down, sweep it under the rug, and make them be quiet.

And I told them I’m not going to be quiet this time. I’m going to talk to anyone and everyone I can about our freedom of speech in this country because it’s really the core of America’s freedom. And without freedom of speech, we don’t have America anymore.

And so I challenge America to learn to love one another as Christ did on the cross for each one of us. And that — speak your differences. It’s okay. We are in a country of freedom. And, really, that’s what’s important — is to embrace the diversity that we have here because that’s made America great in the first place.

And we need to carry on that legacy of protecting freedom of speech on campuses and in our workplaces. People at work should not be afraid to express their beliefs. It’s our right. It’s our freedom. Thank you. (Applause.)

THE PRESIDENT: So thank you all for your courage.

Today, we are delivering a clear message to the professors and power structures trying to suppress dissent and keep young Americans — and all Americans, not just young Americans like Ellen and Kaitlyn and Polly — from challenging rigid, far-left ideology. People who are confident in their beliefs do not censor others — we don’t want to censor others — they welcome free, fair and open debate. And that’s what we’re demanding.

Under the policy I am announcing today, federal agencies will use their authority under various grant-making programs to ensure that public universities protect, cherish — protect the First Amendment and First Amendment rights of their students, or risk losing billions and billions of dollars of federal taxpayer dollars. (Applause.)

Every year, the federal government provides educational institutions with more than $35 billion in research funding. All of that money is now at stake. That’s a lot of money. (Laughter.) They are going to not have to like your views a lot, right? (Laughter.)

We will not stand idly by and allow public institutions to violate their students’ constitutional rights. If a college or university doesn’t allow you to speak, we will not give them money. It’s very simple. (Applause.)

At the same time, private universities should be held to their own policies on free speech. So, from now on, federal agencies will also use their grant-making authority to promote transparency for students at private schools. These colleges should not be able to promise free speech in theory, and then impose restrictive speech codes in practice, which is what many of them do.

Today’s action is just the beginning of our efforts to protect free speech and advance our students’ rights agenda. What I’ve been witnessing over the last long period of time, long before I became President — what I’ve been witnessing is outrageous.

This order will also empower students with vital information about the value of the programs they take on and — having to do with debt. Student loan debt. I’m going to work to fix it because it’s outrageous what’s happening. You’re not given that fair start. You’re too far down. It’s not right. And we’re going to work very, very hard to get it fixed.

But we’re going to start with 43 million people in the United States who are currently working to pay off student loans. And we’ll be talking about that very soon. We’re going to work on that very soon. I’ve always been very good with loans and — (laughter) — I love loans. (Laughter.) I love other people’s money. (Laughter and applause.) And we’re going to work on it. (Applause.) I made a lot of money with those loans, and you’re going to, too. You’re going to do something that’s going to be fair and good. But we’re going to work with you very closely.

The average student loan borrower owes roughly $35,000 dollars — that’s a lot — and, in many cases, much more than that. I’ve seen numbers that go over $200,000. You’re behind the eight ball before you start.

And yet, typically, students who take loans do not have access to critical information about what career outcomes they can expect from their programs, majors, or fields of study. They borrow more money than they can ever expect to pay off or pay back.

Many middle-class American families are getting ripped off, while tax-exempt colleges and large institutions, frankly — they take these tremendous endowments. You look at the money that they have. They’re making a fortune.

For that reason, I am directing the Department of Education and the Department of Treasury to publish detailed information on future earnings and loan repayment rates for every major and every program at every single school. It’s very important. (Applause.)

Today’s order also directs the Department of Education to propose a plan that will require colleges and universities to have skin in the game by sharing a portion of the financial risk of the student loan debt. I believe — (applause).

I believe that colleges and universities, their costs have gone up more than anything I can think of. I’ve watched this. And you watch companies, and they’ll keep it the same for years and years. And you watch these colleges and universities and certain institutions, where it just goes right through the roof.

And the reason — there’s no incentive to them to watch costs. You see people at the heads of the institutions being paid a fortune. They don’t care because the government loans the student the money, they pay the money to the college, and then the student graduates from college — maybe a very good college, but they graduate — or university — and they’re stuck with $200,000 in loans that they won’t be able to pay off for a long time.

So we’re going to make them have an incentive to keep their costs down. Right now, they have no incentive whatsoever. I watched this over a period of time, I figured it out very, very quickly. I’m good at that stuff, believe me. (Laughter.) And I just see their numbers go up so rapidly because they just don’t have the burden on them. And we’re going to put burden on the institutions.

We want them to get the best peop- — teachers and the professors and the administrators and the heads, but the numbers are out of reality. And certainly, they make it out of reality for students when you have to pay back those loans someday.

With today’s action and every action to come, the Trump administration will fight for America’s students. We’re fighting very hard.

And remember what I said: We’re going to give the student loans — where you have way, way over a trillion dollars in student loans — we’re going to start looking at that very seriously and help some of those students that are just mired in debt.

We know that freedom must prevail on college campuses if freedom is to prosper in America. It’s so important. And we believe that greatness must be practiced in our halls of learning if greatness is to thrive in our halls of government and our corridors of commerce.

You’re going to have great lives. But I want you to get off to a great start, not a start where you’re behind a barricade that just doesn’t let you succeed. And we’re going to make it much easier for you — this administration — and we’ve worked very hard on it already.

We’ll be having some meetings. And we’ll be having some very major discussions with some of the biggest colleges and universities. And we’re going to have them shoulder some of the responsibility and some of the money that’s necessary for you to use in order to get your education.

To every student and young American here today: Don’t let anyone stop you from doing what you know is right, from asking questions, from challenging the powerful, or from speaking your mind. And that’s the primary reason we’re here right now. You’re going to speak your mind. You’re going to be fair. You’re going to reasonable. You’re going to do it well. And you’re going to speak your mind.

Never ever quit, never give in, and never back down. Keep standing up for your values, for your classmates, and for your country. And you can be certain that, every day of my presidency, we will always support your rights, and your freedoms, and your future.

Thank you all for being here. This is a great honor for me. I’ve been watching this for too long. I’ve been watching things that are unwatchable and I don’t like it. But we’re going to do something about it. See? We like to act, as opposed to just watching and saying, “Oh, isn’t that a shame?” We don’t say that. (Laughter.) We don’t say that. (Applause.)

And I want to congratulate everybody — everybody — for being here. You have just a tremendous future ahead of you and this will make it a lot easier. And you get that point of view across.

And listen to the other point of view. Maybe you can changed and maybe not. I doubt it. (Laughter.) But maybe. You never know. And you what? If you can, that’s okay. And you’ll change them, too. You’re going to change them, too. But, ultimately, it brings people together.

So congratulations. I’ll sign right now. Thank you all for being here. (Applause.)

(The executive order is signed.)

Thank you very much. (Applause.)

END 4:06 P.M. EDT

WH Livestream Link – Fox News Livestream – Fox Business Livestream

.

ISIS Geographic Caliphate Officially Ends – Insurgent ISIS Ideology Remains…


As of today the geographical ISIS caliphate, the open control over territory, has ended.  There is no longer a geographic land mass under the control and ownership of the extremist ISIS group known as ISIS.  All their territory has been removed.

An review of multiple DoD, State and Media reports essentially boils down to ISIS returning to an insurgency, a loosely connected ideological terror group without control over any specific area.

Interestingly, the foreign fighters who traveled to Syria to fight for ISIS were reported as the last ones to give up the caliphate fight.  Presumably because they would be unable to assimilate into the local communities, those foreign fighters were the last to be eliminated.

BAGHOUZ, Syria — The caliphate has crumbled, and the final offensive is over. While the official announcement hasn’t yet been made – Fox News has been told that this village, the last ISIS stronghold, is liberated.

It’s the first time since we’ve been here in Syria for five days that the bombs have stopped dropping and the gunfire has disappeared. We have witnessed the end of the caliphate – the brutal empire that once ruled over 8 million people – is gone

The last five days, Fox News has witnessed the last major offensive up close -– with U.S.-backed SDF forces attacking ISIS from three sides, pushing the fighters back, house to house, then tent to tent, against the Euphrates River.

Inside Baghouz, it’s easy to see how they hid for so long – not just in tunnels but trenches and hundreds of cubby holes covered by tarpaulins, which blend in perfectly to the dirt.

In the end, the majority surrendered. In fact, since the start of the year about 60,000 have dripped into the desert, and most are now held in camps.

There is a major concern about what to do with the camps though. The SDF has asked for U.S. support in setting up a tribunal here to prosecute them. (read more)

President Trump took office with specific instructions to the U.S. military to use all options to eliminate the ISIS caliphate.

For four-and-a-half years, ISIS held this territory, ruling over it with an iron fist. It was the terrorist group’s heartland – and they were so dug in that the only way to push them back was to flatten whole villages. The devastation here goes on for miles – and craters like this are a reminder of the critical role played by U.S. airpower. Military jets still fly overhead.

SDF fighters are all so grateful to the U.S., not just for their help in the battle, but now for its decision to leave troops here when it’s done. (link)

.