President Trump and First Lady Melania U.K. State Visit – Arrival Ceremony, Westminster Abbey, Royal U.S-U.K Collection…


President Trump and First Lady Melania arrived to Buckingham Palace for the official state visit reception and ceremony with HRH Queen Elizabeth II, Prince Charles and Lady Parker Bowles.  (Video and pictorial below)

President Donald Trump and the First Lady Melania view a special exhibition in the Picture Gallery of items of historical significance to the U.S. from the Royal Collection:

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President Donald Trump and First Lady Melania Trump arrive at Westminster Abbey to lay a wreath at the Grave of the Unknown Warrior and then take a tour:

Day #1 Schedule – President Trump U.K. State Visit…


The U.K. is five hours ahead of New York EDT.  The President and First Lady are traveling overnight and will arrive in London at 4:00am U.S. EDT / 9:00am U.K. BST.  The first family will be staying at the the official residence of U.S. Ambassador Woody Johnson, Winfield House estate.

The first day schedule is packed with a state welcome at Buckingham Palace by host Queen Elizabeth II; a state visit to Westminister Abbey (tomb of unknown, Prince Andrew); High Tea at Clarence House (Prince Charles, Duchess Camilla); and a lavish State Dinner at Buckingham Palace (full royal family, sans HRH ‘Nasty’).

4:00am EDT / 9:00am BST THE PRESIDENT and THE FIRST LADY arrive at London Stansted Airport, Stansted, United Kingdom

4:10am EDT / 9:10am BST THE PRESIDENT and THE FIRST LADY depart London Stansted Airport en route to Winfield House Landing Zone, London, United Kingdom, Stansted, United Kingdom

4:40am EDT / 9:40am BST THE PRESIDENT and THE FIRST LADY arrive at Winfield House [U.S. Ambassador Woody Johnson] Landing Zone, London, United Kingdom

7:00am EDT / 12:00pm BST THE PRESIDENT and THE FIRST LADY depart Winfield House Landing Zone en route to Buckingham Palace Landing Zone, London, United Kingdom

7:10am EDT / 12:10pm BST THE PRESIDENT and THE FIRST LADY arrive at Buckingham Palace Landing Zone, London, United Kingdom

7:20am EDT / 12:20pm BST THE PRESIDENT and THE FIRST LADY are introduced to the Members of the Royal Household and British Suite with Her Majesty the Queen, London, United Kingdom

7:35am EDT / 12:35pm BST THE PRESIDENT and THE FIRST LADY participate in official welcome ceremony with Her Majesty the Queen, London, United Kingdom

8:00am EDT / 1:00pm BST THE PRESIDENT and THE FIRST LADY introduce the American Suite to Her Majesty the Queen, London, United Kingdom

8:15am EDT / 1:15pm BST THE PRESIDENT and THE FIRST LADY participate in a private luncheon with Her Majesty the Queen, London, United Kingdom

9:00am EDT / 2:00pm BST THE PRESIDENT and THE FIRST LADY participate in royal collection gift review with Her Majesty the Queen, London, United Kingdom

10:00am EDT / 3:00pm BST THE PRESIDENT and THE FIRST LADY depart Buckingham Palace en route to Westminster Abbey, London, United Kingdom

10:10am EDT / 3:10pm BST THE PRESIDENT and THE FIRST LADY arrive at Westminster Abbey, London, United Kingdom

10:15am EDT / 3:15pm BST THE PRESIDENT and THE FIRST LADY lay a wreath at the Tomb of the Unknown Warrior, London, United Kingdom

10:20am EDT / 3:20pm BST THE PRESIDENT and THE FIRST LADY tour Westminster Abbey and sign the guestbook, London, United Kingdom

10:50am EDT / 3:50pm BST THE PRESIDENT and THE FIRST LADY depart Westminster Abbey en route to Clarence House, London, United Kingdom

11:00am EDT / 4:00pm BST THE PRESIDENT and THE FIRST LADY arrive at Clarence House, London, United Kingdom

11:05am EDT / 4:05pm BST THE PRESIDENT and THE FIRST LADY participate in a photo opportunity with His Royal Highness the Prince of Wales and Her Royal Highness the Duchess of Cornwall, London, United Kingdom

11:15am EDT / 4:15pm BST THE PRESIDENT and THE FIRST LADY have tea (“high tea”) with His Royal Highness the Prince of Wales and Her Royal Highness the Duchess of Cornwall, London, United Kingdom

11:30am EDT / 4:30pm BST THE PRESIDENT and THE FIRST LADY depart Clarence House en route to Buckingham Palace Landing Zone,
London, United Kingdom

11:35am EDT / 4:35pm BST THE PRESIDENT and THE FIRST LADY arrive at Buckingham Palace Landing Zone, London, United Kingdom

11: 45am EDT / 4:45pm BST THE PRESIDENT and THE FIRST LADY depart Buckingham Palace Landing Zone en route to Winfield House Landing Zone, London, United Kingdom

11:55am EDT / 4:55pm BST THE PRESIDENT and THE FIRST LADY arrive at Winfield House Landing Zone, London, United Kingdom

2:30pm EDT / 7:30pm BST THE PRESIDENT and THE FIRST LADY depart Winfield House Landing Zone en route to Buckingham Palace Landing Zone, London, United Kingdom

2:40pm EDT / 7:40pm BST THE PRESIDENT and THE FIRST LADY arrive at Buckingham Palace Landing Zone, London, United Kingdom

3:10pm EDT / 8:10pm BST THE PRESIDENT and THE FIRST LADY participate in a presentation of guests with Her Majesty the Queen,
London, United Kingdom

3:30pm EDT / 8:30pm BST THE PRESIDENT and THE FIRST LADY participate in a royal procession with Her Majesty the Queen, London, United Kingdom

3:45pm EDT / 8:45pm BST THE PRESIDENT and THE FIRST LADY participate in a State Banquet with Her Majesty the Queen, London, United Kingdom

5:35pm EDT / 10:35pm BST THE PRESIDENT and THE FIRST LADY participate in a reception after the State Banquet with Her Majesty the Queen, London, United Kingdom

6:00pm EDT / 11:00pm BST THE PRESIDENT and THE FIRST LADY depart Buckingham Palace en route to Winfield House, London, United Kingdom

6:20pm EDT / 11:20pm BST THE PRESIDENT and THE FIRST LADY arrive at Winfield House, London, United Kingdom

Day One Concludes ~

Millennials Saddled with Student Loans that Prevents them from Becoming Homeowners


New findings are out from the New York Federal Reserve that reveal a troubling outlook for millennials who have now reached over US$1 trillion of debt, but the worst of it is student loans. This is a sharp rise of 22% over the past five years and is worse than any other generation in history. This debt crisis among millennials casts a dark cloud over the real estate market. With such high debt levels, this is a serious restraint upon obtaining home mortgages.

Ironically, millennials are much more conservative than the debt balances may indicate, but this could also be because of the student debt. In fact, in comparison to previous generations, this group is significantly more fiscally conservative with credit cards. Many into their 30’s are still living at home. With high student debt, many cannot afford a home, but another level cannot even afford an apartment. There is a new trend emerging whereby old motels are becoming housing. They lack the credit to rent an apartment with a security deposit. The new alternative is to rent per day in these old motels with rates of $50 to $80 per day.

This is not painting a very nice picture of the American Dream. To get the donations from the bankers, the Clintons served them up on a platter by making student loans non-dischargeable in bankruptcy. The Clintons signed into law economic fraud and slavery. These kids are paying for degrees and then cannot find a job in what degree they have studied.

Universities are notorious for handing out degrees for fields with no prospects of employment. So many went for degrees in Marine Biology wanting to help dolphins. The prospect of a job was never high on the list of probabilities. There are studies that show colleges are not providing jobs. They have turned higher education into just a business and buyer beware. In fact, the research has found that those jobs requiring a bachelor’s degree list more soft skills than technical skills among the set of requirements. On top of that, there is a trend of rising suicides due to student loans.

Student loan debt is now the second highest consumer debt category — second only to mortgages as a whole and higher than credit card debt. There are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt and growing. Even Zillow’s research, the big realtor, has reported that student debt has impacted the real estate market in many ways by reducing future buyers. The real shocking number is that 40% of millennials are still dependent on mom and dad. The excuses seem endless. Student loan debt can make buying a home IMPOSSIBLE! This is part of the reason real estate has been in a bear market since 2007 when we look at the average home.

Why Are Capital Controls Destructive?


QUESTION: Controls v Protectionism

If capital controls would be such destructive measure, then China already has in place what one would consider Capital Controls and if they were to lift their control a lot of money will leave China – why is that not destructive: as you mention that the centre of finance will move east to China.

BHL

ANSWER: Sorry, I suppose I was not detailed enough. Capital controls are destructive when they are imposed to prevent foreign capital from leaving. They are a red flag that warns nobody else will invest. In the case of China and Russia, when that airtight policy was imposed upon their own people, then it retarded economic growth.

The bulk of Bitcoin traffic was used to get capital out of China. We see a lot of Chinese buyers around the world, even in real estate.

China is trying to gradually move toward an open market. When capital is free to flow in and out, then China will be ready to displace the USA as the financial capital of the world. Had the United States imposed capital controls after the war, then both China and Europe would still be in an economic dark age.

President Trump Delivers Remarks at Ford Theatre Gala – (Video and Transcript)…


Earlier this evening President Trump delivered remarks during an annual gala at Ford’s Theater in Washington.  [Video and Transcript]

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[Transcript] THE PRESIDENT: Well, thank you very much. What a place. You look right there and that says it all. That’s history at its highest.

Thank you very much for what you’ve done. So many of you have been so helpful. And I see Congress, I see Senate, I see congressmen. They hate each other during the day, but tonight they love each other. (Laughter and applause.)

It’s my pleasure to be with you once again at Ford’s Theatre — the annual gala. Please join me in thanking all of the wonderful performers who have made this an unforgettable evening. Great talent. Thank you very much. (Applause.)

So tonight we come together to celebrate American life, history, culture, and the eternal legacy of President Abraham Lincoln.

I want to thank all of the chairs of the gala, including your honorary co-chair, America’s beloved First Lady. Oh, I’d love to have her poll numbers. (Applause.) How do I get her poll numbers, Kevin, John? (Applause.) And they do love you.

We’re honored to be joined by many members of my Cabinet — thank you very much; and members of Congress. Many friends and distinguished guests — very distinguished, as a matter of fact. A special thanks to our host and my good friend for a long time, Larry Gatlin, and his brothers, as well as the chair of Ford’s Theatre Board of Trustees, Phebe. Thank you very much. What a job. What a job. Thank you. (Applause.)

And finally to Paul Tetreault — and the way you ran those stairs, Paul. I was going to do it but I didn’t want to take a chance. (Laughter.) And the entire staff of Ford’s Theatre, thank you very much for everything you’ve done. This is an event that we hope to be here — what do you figure? — another six times, right? (Laughter.) Six times, at least. At least. (Applause.) Because we do want to preserve this heritage and this center’s treasured legacy.

I also want to congratulate tonight’s Lincoln Medal Recipients: a man I have a lot of respect for, General Colin Powell, and his wife Alma. And maybe even more respect for you, Alma. (Applause.) Great job. Great job. Thank you and thank you for your service to our nation. You have been outstanding. Two people to really look up to. Congratulations. Congratulations. (Applause.)

And congratulations as well to somebody I used to watch a lot, Mark Russell, who has been a devoted performer at Ford’s Theatre for many, many years. Mark, congratulations. Congratulations to him. (Applause.)

For decades, families from all around the world and all around the country have come to this very treasured place to gain a glimpse into President Lincoln’s life, and, in so doing, into one of the most vital chapters and probably one of the most interesting chapters in American history.

During our nation’s greatest trial, President Lincoln stood for truth and freedom and human equality. As President Lincoln’s friend, the renowned abolitionist Fredrick Douglass, said: “Abraham Lincoln was called upon to decide the fate of the Republic.” So true. “He did not hesitate, he did not doubt, he did not falter…his faith was strong” and his unwavering in patriotism, like nobody else. And he had great patriotism for this country and for countrymen. That’s a — was quite a legacy, and quite a statement from another great man.

The patriotism of President Lincoln has lived on in every subsequent generation that has risen to the call of destiny and the demands of duty. This week, we are commemorating another moment when our nation and the entire world was tested at the highest level: the 75th anniversary of D-Day.

Right after this event, Melania and I will board Air Force One and travel to the United Kingdom, and then to Normandy, France. On that precious soil, we will honor the more than 150,000 Allied troops who landed on D-Day, and the millions more who fought in the Second World War.

As one people, America came together to pledge our resolve to protect the sacred rights and freedoms that these immortal patriots gave their very lives to secure. We will never forget America’s heroes — never, ever, ever.

Our duty, and the duty of every patriot, is to pass on the inheritance of liberty and justice that is the cherished birthright of all Americans.

Thank you again to Ford’s Theatre and everyone here tonight. God bless you. And God bless America. Thank you very much for being here. Thank you. (Applause.) Thank you. Thank you.

Thank you.

END 7:01 P.M. EDT

President Trump Attends McLean Bible Church During Services…


Earlier today President Donald Trump attended McLean Bible Church in Virginia after a round of golf.  Pastor David Platt introduced the president at the church service where a musical performance was taking place. While he did not talk during the service, President Trump stood behind pastor David Platt as he offered a prayer for the 12 killed in Friday’s mass shooting.

Additionally, Pastor Platt noted there had been calls to pray for the president on this day and offered a prayer.  [Video and brief transcript]

“Many of you may have seen that there was calls to, particularly on this Sunday, pray for our president. We don’t want to do that just on this Sunday. We want to do that continually, day in and day out. So I want to ask us to bow our heads together now and pray for our president.”

“We know we need your mercy. We need your grace. We need your help. We need your wisdom in our country. And so we stand right now on behalf of our president, and we pray for your grace and your mercy and your wisdom upon him.”

“So we pray that he would look to you. That he would trust in you, he would lean on you. That he would govern and make decisions in ways that are good for justice, and good for righteousness and good for equity, every good path.”

“Please, oh God, give him wisdom and help him to lead our country alongside other leaders. We pray today for leaders in Congress. We pray for leaders in courts. We pray for leaders in national and state levels.”

Sunday Talks: Mick Mulvaney -vs- Chris Wallace…


Acting chief-of-staff Mick Mulvaney appears on Fox News to answer Chris Wallace question about whether President Trump is serious about punishing Mexico with tariffs for their lack of action on illegal central American migrants.

Mulvaney skewers Wallace and predicts the tariffs will hit. Additionally Mulvaney sets the record straight on the impact of tariffs on consumers.

Generally, watching a Chris Wallace segment is worthless; however, Mulvaney’s linguistic Ginsu delivery is so good, this one is worth watching:

How to Improve Work Ethic


Valuetainment

Published on Nov 10, 2016
For detailed notes and links to resources mentioned in this video, visit http://www.patrickbetdavid.com/improv… Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ If you don’t have a strong work ethic, I can’t work with you. Here’s why. If you don’t have a strong work ethic, you’re not going to give the highest return possible on the knowledge and skill passed on to you. Why should I put time into you if the duplication part is not going to return? So in this video I get into 15 ways to improve your work ethic. #1: Be Predictable – 8:14 #2: Consistency – 10:24 #3: Prepare the Night Before – 10:53 #4: Do More – 12:06 #5: Subscribe to the “Now” Mentality – 14:10 #6: Find Running Mates – 15:56 #7: Don’t Fall for the “Work Smart Only” Concept – 16:43 #8: Cut Distractions – 18:25 #9: Absolute Focus – 18:58 #10: Have a To-Do List – 19:35 #11: Eat Right – 20:01 #12: Plug the Leaks – 20:16 #13: Cut the Fat – 12:12 #14: Drop Perfection – 22:13 #15: To Avoid Burnout, Have Your Own Escape – 23:22

 

 

DNA of an Entrepreneur


Valuetainment

Published on Nov 3, 2015
DNA of an Entrepreneur- Patrick shares eye opening facts about entrepreneurs in a live setting that will disrupt your existing perception about entrepreneurship. Do you have the DNA of an Entrepreneur? Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ The Startup Entrepreneur Tour http://www.patrickbetdavid.com About the tour: Patrick Bet-David and his production team took off on a 30 day, 10,000 mile trip across the U.S. The reason? Inspire more people to become entrepreneurs. Official Startup Entrepreneur Tour Highlights Video: https://www.youtube.com/watch?v=qjcho… Connect with Patrick on twitter: http://www.twitter.com/patrickbetdavid Article on Entrepreneur: http://www.entrepreneur.com/article/2… To see more videos from Entrepreneur Network partner, Patrick Bet-David check out VALUETAINMENT https://www.youtube.com/user/patrickb…

Beijing Begins Predictable Totalitarian Response…


All your interests are belong to us…. There was previous discussion of how Beijing would respond if/when their economic interests were challenged. In essence, the prediction was that China would drop the panda mask and revert back to their oppressive totalitarian tendencies.

It is an interesting dynamic because the more the communist state moves to punish and control western business interests, the less likely any western investment flows into China. It’s a simple question: Why would anyone want to engage a business relationship inside a totalitarian system that could move at any moment to control your business?

(South China Post) China will publish a list of “unreliable” foreign entities deemed to have damaged the interests of Chinese firms – a move set to ratchet up tensions in its escalating conflict with Washington, after the US government blacklisted Chinese telecoms giant Huawei.

The Ministry of Commerce said on Friday that it would blacklist foreign businesses or individuals that violated market rules and contractual obligations, or took “discriminatory measures” to hurt Chinese business rights and interests, as well as national security and interests.

Specific measures for those on the list would be revealed “in the near future”, said ministry spokesman Gao Feng.

Gao said the “unreliable” blacklist would be based on China’s foreign trade, anti-monopoly and national security laws, and it would target entities that had blocked Chinese businesses out of non-commercial concerns. (read more)

The Red Dragon is going to do what the Red Dragon does.  Thus begins the phase when corporate interests, particularly multinationals, recognize at its core China is a communist state-run, controlled-market, system.

The reaction from China is immensely predictable; and creates a downward spiral.  If any corporation is perceived as working against the interests of the state; the state will take control of the corporate interest.   What western business interest would want to do business within China when that reality is the landscape of every economic decision?

The willingness of China to self-immolate is the golden arrow in President Trump’s economic quiver.  The inability of China to modify itself based on downstream economic outcomes is the inherent weakness… Overlay that weakness with the zero-sum outlook and you get this quote from Chinese State-Run broadcast:

…“If the US wants to negotiate, our door is open. If you want to fight, we will fight to the end.”…

Think about the logical reality of this statement as expressed.  Put another way: ‘if you agree to our terms we will work with you; however, if you don’t agree to our terms, we will self destruct.’  That’s the economic reality of the zero-sum dragon mindset.  This inevitable position is what CTH has been outlining for several years.

China has no cultural or political space between peace and war; they are a historic nation based on two points of polarity.  They see peace and war as coexisting with each other.

Chinese engagement stems from a belief that opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and they may give rise to each other as they interrelate to one another.  However, it must benefit China. 

Peace or war. Win or lose. Yin and Yang. Culturally there is no middle position in dealings with China; they are not constitutionally capable of understanding or valuing the western philosophy of mutual benefit where concession of terms gains a larger outcome.  If it does not benefit China, it is not done. The outlook is simply, a polarity of peace or war.  In politics or economics the same perspective is true.  It is a zero-sum outlook.

As soon as an internal business interest, or an affiliated business relationship, is considered to be a compromise or loss to Beijing, the enterprise is destroyed.

Who decides? The communist regime.

Thus President Trump only has to position U.S. policy to benefit non-engagement with China (see Huawei); and China will respond by destroying any affiliated business they view as participating in, or supporting, the adverse policy. Beijing cannot help itself. The dragon will act as a dragon will act.

President Trump has positioned this geopolitical trade reset perfectly.  Trump is applying Chairman Xi’s own “us -vs them approach” toward confronting China. The supply chain investment Beijing needs to sustain itself is now being controlled by elements outside China.  Beijing responds by attacking those in the international community who control the investment.

This will not end well for China.

Watch as time goes along and more companies, and nations, slowly walk toward the exits with China.  There is just too much inherent financial risk.