Sunday Talks: IMF’s Christine Lagarde Discusses Global Economy in Era of Trump…

I hope y’all are hanging in there with me today because each of these Sunday posts is essentially an audio-video chapter in one singular book.  A stunningly deep book that explains the entire purpose of Trump from his/our perspective.

Here is an absolutely perfect, and in many ways jaw-dropping, interview with the head of the International Monetary Fund Christine Legarde.   It would be easy to write 10,000 background words on this singular interview alone. Decades of advanced globalist monetary/trade policy -vs- the recent uprising in economic nationalism.  THAT is the significant backstory at work here.

As her homeland France erupts in turmoil, elitist Legarde represents the personification of why those flames are present.  Freedom -v- Serfdom, with messaging from a control agent of the cloistered class.  However, here’s the stunner… pay real close attention at 04:34 of this interview where Legarde outlines the analysis (IMF economic model) where the IMF is forecasting U.S. GDP growth….  what number does she share?  WATCH:


Did you hear that?

3.7% GDP growth for the U.S. is projected by the international financial community [global bankers].   This is the head financial liberal for the global elitist class admitting Trump has more than doubled the growth rate of the U.S. economy in two years.   Remember, simultaneous to this, when adjusted for inflation, the rest of the world is stagnant to shrinking in the same measure.

How is it possible that Trump is doubling the U.S. economic growth rate, and the rest of the planet is stagnant or shrinking?

3.7% GDP growth on an economy of $22 trillion is more than $700 billion.

President Trump is growing the U.S. economy at a rate greater than $700 billion per year.

Think about that.

Think about the scale of that.

Think about the scale of that in relation to the scale of all nation’s GDP.

President Trump is expanding the U.S. economy, each year, by an amount larger than the entire economy of Saudi Arabia.

Put another way – U.S. President Trump’s MAGAnomic policies are enlarging the U.S. economy, every year, at a rate that compares to approximately half of Canada’s entire economy and two-thirds of Mexico.

How is this possible in an era when all other developed countries show signs of stagnation and lack of growth?

The simple answer cuts to the core of why those nations, and the multinational benefactors within them, are aligned against Donald Trump….

…He is stopping the export of American wealth.

President Trump is the first U.S. president in history, to start dismantling the process that exports U.S. wealth to the benefit of all other nations.

After World War II, the U.S. allowed our economic trade models to be used to help rebuild Europe and Japan.  The tariffs put on U.S. goods helped both rebuild their economies; however, once rebuilt – the tariffs never came off.

Our politicians allowed the one-way economic benefit to remain in place even after our “allies” got back on their feet.   Those nations then started bribing (lobbying) our politicians to retain that process indefinitely.

President Donald Trump, through the execution of his policies and the global trade reset, is saying: “No More“!!

He is confronting them head-on, and they are going bananas.

Cue the visual…

The biggest flaw that people make is thinking POTUS Trump cares about the DC swamp enough to confront it, or expend energy on it….. in my humble opinion, he doesn’t.

He’s working on generational issues that are much bigger and consequential than the administrative state. The DC deep state is downstream from where POTUS is working.

Donald Trump is, well, essentially, John Galt.

Dutchman: […] “ALL this attack on DJT, the man, candidate and President, is NOT because of his demeanor, etc. It is BECAUSE he is taking on China, Globalists and D.C. swamp.

POTUS is largely focusing on China and trade, because if successful, the d.c. swamp becomes irrelevant.

As the economic engine switches from Wall st. to Main street, the swamp will realign its priorities.

On the other hand, putting a bunch of swamp creatures in jail, while leaving China and the globalist system in place, wouldn’t really accomplish anything of substance.

A new generation of swamp creatures would move up, and the behavior would continue.”

Sunday Talks: USTR Robert Lighthizer -vs- Margaret Brennan…

President Trump is the first U.S. President to confront Beijing directly -head on- and the Chinese respect him immensely for it. It is an inherently adversarial relationship; but it is also a conflict where opponents respect their enemy because the outcome is victory or death. Ultimately, this, from the perspective of China, is a zero-sum contest.

President Trump is also the first U.S. President to: (1) understand how the red dragon hides behind the panda mask; and (2) be willing to directly confront that dynamic. That’s where U.S. Trade Representative Robert Lighthizer comes in.


Ambassador Lighthizer is willing to go to the mattresses because he knows that ultimately his kids future, and his bosses’ grand-kids future, are entirely dependent on victory.  Freedom or serfdom, those are the alternatives.  Yes, this is that big a deal.  The biggest of all big deals (pun intended) in the last century.

There is also no doubt in my mind that President Trump has a very well thought out long-term strategy regarding China.

President Trump takes strategic messaging toward the people of china very importantly. President Trump has, very publicly, complimented the friendship he feels toward President Xi Jinping; and praises Chairman Xi for his character, strength and purposeful leadership. President Trump knows how to play their panda/dragon games.

Nuance and subtlety is everything in China. Culturally harsh tones are seen as a sign of weakness and considered intensely impolite in public displays between officials; especially amid adversaries. Respect is earned through strength and cunning.

To build upon a projected and strategic message – President Trump seeded the background by appointing Ambassador Terry Branstad, a 30-year personal friend of President Xi Jinping.

To enhance and amplify the message – and broadcast cultural respect – U.S. President Trump used Mar-a-Lago as the venue for their visit, not the White House. And President Trump’s beautiful granddaughter, Arabella, sweetly serenaded the Chinese First Family twice in Mandarin Chinese song showing the utmost respect for the guests and later for the hosts.

Why the constant warm messaging?

What is the purpose?

What does all this have to do with a trade confrontation?


Historic Chinese geopolitical policy, vis-a-vis their totalitarian control over political sentiment (action) and diplomacy through silence, is evident in the strategic use of the space between carefully chosen words, not just the words themselves.

Each time China takes aggressive action (red dragon) China projects a panda face through silence and non-response to opinion of that action;…. and then the action continues.

The red dragon has a tendency to say one necessary thing publicly, while manipulating another necessary thing privately. The Art of War.

President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask.

It is specifically because he understands that Panda is a mask that President Trump messages warmth toward the Chinese people, and pours vociferous praise upon Xi Jinping, while simultaneously confronting the geopolitical doctrine of the Xi regime.

In essence Trump is mirroring the behavior of China while confronting their economic duplicity.

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.

China accepts and believes 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. Flowing between these polar states is a natural dynamic to be used -with serious contemplation- in advancing objectives as needed.

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.

If it does not benefit China, it is not done !

Therefore the economic battle must be carefully waged to deliver a series of alternative thoughts in the mind of Beijing.  They must view specific action as their best interest.  Any reversal in the current standard of benefit is viewed as a loss; the Chinese will not cede to any losses.

To challenge those who hold this zero-sum position, you must first change the standard.

This means China must lose first before the negotiations can begin.  The baseline within the negotiation must be reset.  Once the baseline position is reset, then negotiation can be viewed by the Chinese as a gain.  This is the only way to get the Chinese to agree to any terms.

If the baseline losses to China are not currently firmed, meaning Beijing and Xi Jinping see their current position as the standard, then President Trump and Bob Lighthizer need to wait longer before engaging.

Big Panda must see their diminished bamboo forest as the natural, current, and diminishing forecast status.  Only then will Panda engage in negotiations.  China must be in a seemingly perpetual stasis of losing before they will contemplate their need to achieve gains.

This is an economic and geopolitical battle that requires nerves of steel and an incredible amount of cunning and strategy.  As Trump resets the baseline, China will make multiple simultaneous moves to counter any potential losses.

President Trump, Secretary Ross and U.S.T.R. Lighthizer must think well ahead of China (they have); and make moves early in the conflict (they have); long before China realizes they are being confronted (they did).   {Go Deep}

As we saw with the DPRK showdown Trump was several moves ahead of Xi, and blocked the counter-offense position of the Red Dragon before it was deployed.

President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed. President Trump has waiting three decades for this moment. This President and his team are entirely prepared for this.

We are finally confronting the geopolitical Red Dragon, China!

The Olive branch and arrows denote the power of peace and war. The symbol in any figure’s right hand has more significance than one in its left hand. Also important is the direction faced by the symbols central figure. The emphasis on the eagles stare signifies the preferred disposition. An eagle holding an arrow also symbolizes the war for freedom, and its use is commonly referred to the liberation fight of righteous people from abusive influence. The eagle on the original seal created for the Office of the President showed the gaze upon the arrows.

The Eagle and the Arrow – An Aesop’s Fable

An Eagle was soaring through the air. Suddenly it heard the whizz of an Arrow, and felt the dart pierce its breast. Slowly it fluttered down to earth. Its lifeblood pouring out. Looking at the Arrow with which it had been shot, the Eagle realized that the deadly shaft had been feathered with one of its own plumes.

Moral: We often give our enemies the means for our own destruction.

Sunday Talks: Peter Navarro -vs- Wall Street Sales Lead…

President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each geopolitical policy objective; however, many have been visible for a long time – some even before the election victory in November ’16.

Maria Bartiromo has a view that stems from 30-years of Wall Street economic advocacy. Bartiromo reflects the most common frame of reference for almost all financial punditry. [Orange-Man-Bad-Tariffs] This perspective stems from the era when Wall Street’s economy was sold as the only model possible for the future of the U.S.  In short they were taught that a U.S. manufacturing and production economy was gone, and the only viable economic model was the “service driven economy”.  Bullshit!

In this interview U.S. Trade Council Director Peter Navarro is affirming policy to the benefit of Main Street not Wall Street. There is an inherent disconnect and conflict.


The words from Peter Navarro will come as no surprise to any CTH reader who is fully engaged and reviewing the multi-trillion stakes, within the Globalist (Wall St.) -vs- Nationalist (Main Street) confrontation.

For several decades Wall Street, through lobbying arms such as the U.S. Chamber of Commerce (Tom Donohue), has structurally opposed Main Street economic policy in order to inflate value and hold power – “The Big Club”. This manipulative intent is really the epicenter of the corruption within the DC swamp.

U.S. National Trade Council Director Peter Navarro discusses how Wall Street bankers and hedge-fund managers are attempting to influence U.S.-China trade talks. He speaks at the Center for Strategic and International Studies in Washington, D.C.  WATCH: outlined a year ago. At the heart of the professional/political opposition the issue is money; there are trillions at stake.

President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; however, many have been visible for a long time – some even before the election victory in November ’16.

If we get too far in the weeds the larger picture is lost. CTH objective is to continue pointing focus toward the larger horizon, and then at specific inflection points to dive into the topic and explain how each moment is connected to the larger strategy.

If you understand the basic elements behind the new dimension in American economics, you already understand how three decades of DC legislative, monetary and regulatory policy was structured to benefit Wall Street and not Main Street. The intentional shift in monetary policy is what created the distance between two entirely divergent economic engines.

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 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)

As an outcome of national financial policy blending commercial banking with institutional investment banking something happened on Wall Street that few understand. If we take the time to understand what happened we can understand why the Stock Market grew and what risks exist today as the monetary policy is reversed to benefit Main Street.

President Trump and Treasury Secretary Mnuchin have already begun assembling and delivering a new banking system.

Instead of attempting to put Glass-Stegal regulations back into massive banking systems, the Trump administration is creating a parallel financial system of less-regulated small commercial banks, credit unions and traditional lenders who can operate to the benefit of Main Street without the burdensome regulation of the mega-banks and multinationals. This really is one of the more brilliant solutions to work around a uniquely American economic problem.

♦ When U.S. banks were allowed to merge their investment divisions with their commercial banking operations (the removal of Glass Stegal) something changed on Wall Street.

Companies who are evaluated based on their financial results, profits and losses, remained in their traditional role as traded stocks on the U.S. Stock Market and were evaluated accordingly. However, over time investment instruments -which are secondary to actual company results- created a sub-set within Wall Street that detached from actual bottom line company results.

The resulting secondary financial market system was essentially ‘investment markets’. Both ordinary company stocks and the investment market stocks operate on the same stock exchanges. But the underlying valuation is tied to entirely different metrics.

Financial products were developed (as investment instruments) that are essentially wagers or bets on the outcomes of actual companies traded on Wall Street. Those bets/wagers form the hedge markets and are [essentially] people trading on expectations of performance. The “derivatives market” is the ‘betting system’.

♦Ford Motor Company (only chosen as a commonly known entity) has a stock valuation based on their actual company performance in the market of manufacturing and consumer purchasing of their product. However, there can be thousands of financial instruments wagering on the actual outcome of their performance.

There are two initial bets on these outcomes that form the basis for Hedge-fund activity. Bet ‘A’ that Ford hits a profit number, or bet ‘B’ that they don’t. There are financial instruments created to place each wager. [The wagers form the derivatives] But it doesn’t stop there.

Additionally, more financial products are created that bet on the outcomes of the A/B bets. A secondary financial product might find two sides betting on both A outcome and B outcome.

Party C bets the “A” bet is accurate, and party D bets against the A bet. Party E bets the “B” bet is accurate, and party F bets against the B. If it stopped there we would only have six total participants. But it doesn’t stop there, it goes on and on and on…

The outcome of the bets forms the basis for the tenuous investment markets. The important part to understand is that the investment funds are not necessarily attached to the original company stock, they are now attached to the outcome of bet(s). Hence an inherent disconnect is created.

Subsequently, if the actual stock doesn’t meet it’s expected P-n-L outcome (if the company actually doesn’t do well), and if the financial investment was betting against the outcome, the value of the investment actually goes up. The company performance and the investment bets on the outcome of that performance are two entirely different aspects of the stock market. [Hence two metrics.]

♦Understanding the disconnect between an actual company on the stock market, and the bets for and against that company stock, helps to understand what can happen when fiscal policy is geared toward the underlying company (Main Street MAGAnomics), and not toward the bets therein (Investment Class).

The U.S. stock markets’ overall value can increase with Main Street policy, and yet the investment class can simultaneously decrease in value even though the company(ies) in the stock market is/are doing better. This detachment is critical to understand because the ‘real economy’ is based on the company, the ‘paper economy’ is based on the financial investment instruments betting on the company.

Trillions can be lost in investment instruments, and yet the overall stock market -as valued by company operations/profits- can increase.

Conversely, there are now classes of companies on the U.S. stock exchange that never make a dime in profit, yet the value of the company increases. This dynamic is possible because the financial investment bets are not connected to the bottom line profit. (Examples include Tesla Motors, Amazon and a host of internet stocks like Facebook and Twitter.) It is this investment group of companies that stands to lose the most if/when the underlying system of betting on them stops or slows.

Specifically due to most recent U.S. monetary policy, modern multinational banks, including all of the investment products therein, are more closely attached to this investment system on Wall Street. It stands to reason they are at greater risk of financial losses overall with a shift in monetary/fiscal policy.

That financial and economic risk is the basic reason behind Trump and Mnuchin putting a protective, secondary and parallel, banking system in place for Main Street.

Big multinational banks can suffer big losses from their investments, and yet the Main Street economy can continue growing, and have access to capital, uninterrupted.

Bottom Line: U.S. companies who have actual connection to a growing U.S. economy can succeed; based on the advantages of the new economic environment and MAGA policy, specifically in the areas of manufacturing, trade and the ancillary benefactors.

Meanwhile U.S. investment assets (multinational investment portfolios) that are disconnected from the actual results of those benefiting U.S. companies, and as a consequence also disconnected from the U.S. economic expansion, can simultaneously drop in value even though the U.S. economy is thriving.

President Trump Attends 2018 Army -vs- Navy Football Game…

President Donald Trump attends the 2018 Army -vs- Navy football game in Philadelphia, Pennsylvania. The president participated in the coin toss.

President Trump Impromptu Press Remarks Departing White House…

President Donald Trump delivers remarks to the media as he departs the White House traveling to the Army Navy football game in Philadelphia, Pennsylvania.

President Trump Chief of Staff John Kelly to Leave End of Year…

President Trump informed the media today that his chief of staff John Kelly will leave the White House by the end of the year, and there will likely be an interim replacement. UPDATE: Video Added

President Trump Chief of Staff John Kelly to Leave End of Year…

President Trump informed the media today that his chief of staff John Kelly will leave the White House by the end of the year, and there will likely be an interim replacement. UPDATE: Video Added

Jeff Mason

Jennifer Jacobs

Replying to @JenniferJJacobs Trump plans to do part of the Army-Navy game in the box of West Point grad David Urban, one of his 2016 campaign aides. He will switch sides at halftime, as is tradition for the commander in chief.

Jennifer Jacobs

This move also makes space for the possibility that President Trump might replace Kirstjen Neilsen as DHS Secretary. Generally speaking it appeared Kelly was protecting Neilsen (previously colleagues). Although, Neilsen has been doing a much better job on border security ever since her demise was previously rumored.

President Trump Remarks to National Law Enforcement – Safe Neighborhoods National Conference…

President Trump delivers remarks to a national audience of law enforcement during the 2018 Safe Neighborhoods National Conference in Kansas City, Missouri. Interesting nuance within the off-script moments.


[Transcript] The Westin Kansas City at Crown Center – Kansas City, Missouri – 12:17 P.M. CST – THE PRESIDENT: Thank you very much. (Applause.) Thank you. I appreciate it very much.

I want to also thank Matt for the introduction. He’s doing an excellent job — really, a leader. Strong leader.

I was also thrilled to announce earlier today that I am nominating, as Matt said, William Barr to take the helm as our new Attorney General. He’s an outstanding man.

Bill previously led the Justice Department with distinction as Attorney General under George H.W. Bush, following his unanimous confirmation by the United States Senate. During his tenure, he demonstrated an unwavering adherence to the rule of law, which the people in this room like to hear. There is no one more capable or more qualified for this role. He deserves overwhelming bipartisan support. I suspect he’ll probably get it.

I’m honored to be in Kansas City with the incredible men and women of law enforcement — I’ve been here a lot over the last couple of months — the U.S. attorneys, state and local prosecutors, police officers, sheriffs, deputies, and federal agents who keep our country safe. You keep America safe.

And you maybe don’t hear it enough, or sometimes don’t feel it enough: You do an incredible job. The people in this country know it and they love you. Just remember that. (Applause.) So true.

On behalf of a grateful nation, I just want to say that we thank you, we salute you, and we stand with you 100 percent. All of us. Me and all of us.

We’re here today to restore one of the most effective crime prevention strategies in America: Project Safe Neighborhoods. This initiative brings law enforcement, community groups, and local leaders together to get the most violent criminals in the most dangerous areas off the streets and behind bars. After many years of neglect, we are bringing back this lifesaving program stronger than ever before.

Today is the first nationwide meeting of Project Safe Neighborhoods in eight years. And here with us is the man who started this visionary project all the way back in 2001, former Attorney General John Ashcroft. (Applause.) Where is John? Where is John?

I’ve been here a lot lately, John. Huh?

MR. ASHCROFT: Thank you.

THE PRESIDENT: I’ve been here a lot. That’s good. Thank you. Thank you for a great job.

I also want to thank two members of my administration who are doing tremendous work: the head of ATF Thomas Brandon and the Acting DEA Administrator Uttam Dhillon. (Applause.) Please. Thank you, fellas.

We are also joined by a great representative of the state, Congresswoman Vicky Hartzler — helps me a lot. Thank you, Vicky. Thank you, Vicky. (Applause.)

And we are especially excited to have with us the man who is your state’s current attorney general and newly-elected United States senator — that’s why I’ve been here so much lately — Josh Hawley. Josh. Thank you, Josh. (Applause.)

And I will tell you, Josh really stepped up to the plate. You know, in life, you never know. You pick somebody — looks good, sounds good, think he’s smart — and then they choke. (Laughter.) They choke like dogs. (Laughter.) And you say, “What did I do? I picked the wrong person.”

Well, we saw a lot about Josh and we thought he’d be great. And I’ll tell you, he had a tough race against a very tough competitor. You know that. And he was absolutely fantastic. So I just want to congratulate you.

And, you know, I keep listening to the fake news that, “They won the House — House, House, House.” Nobody ever talks about the Senate. We won the Senate easily. In fact, we picked up two. And that hasn’t been done in a long time. For a person is President, you just — for whatever reason that doesn’t happen very often.

And we have the Senate, now, 53 to 47. And we’re very proud of that. But you never hear that. You only hear, “The House, House, House…” And the nice part about having the Senate is, when you have the Senate, your judges — you know, we’ve appointed many, many judges. We’re just about at a record clip — ever.

And by the time I finish, we should have the all-time record, except, of course — from the percentage basis, you know who the best of all was, right? George Washington. 100 percent. (Laughter.) He picked 100 percent of the judges. That’s the only one that I won’t be beating. (Laughter.) I can never beat George. He’s tough. (Laughter.) 100 percent. I asked that question. I say, “Who had the greatest percentage of judge picks?” And so far, I haven’t had too many people guess it. But as soon as soon as I say it, they say, “I can’t believe I didn’t think of that.”

Finally we are grateful to the U.S. Attorney for the Western District of Missouri, Timothy Garrison. Where is Timothy? (Applause.) Timothy. Thank you, Timothy. Great job, Tim. Along with a very well-known person, Kansas City Police Chief Rick Smith, for hosting today’s event. Thank you very much, fellas. Thank you, Rick. Thank you. (Applause.)

Everyone here today is committed to the same vital goal: liberating our communities from crime and securing the right of all citizens to live in safety and to live in peace.

In the two years before I took office, the violent crime rate increased by 7 percent and murders were up by over 20 percent. But we’re turning it around very quickly, much quicker than anyone thought possible.

At the core of our strategy is restoring respect for law enforcement. And there is nobody that deserves respect more than you people, that I can tell you. For too long, many politicians and radical activists have been smearing and slandering our police, making life easier for criminals and harder for law-abiding Americans. We will not tolerate attacks on the heroes who protect our streets and defend our communities. We will not allow it to happen. (Applause.)

My administration has also made officer safety a top priority. We will protect those who protect us. And we will believe the right punishment — and we all do — for cop-killers is called the death penalty. (Applause.)

And you know, in some circles, that’s very controversial to say that. You have all of the television cameras rolling back there. For me, it’s not even a little bit controversial. You kill a cop and it’s called the death penalty, okay?

At the same time, we are ensuring you have the resources you need to do your jobs properly. We have added nearly 200 new violent crime prosecutors across the country.

We have made more than 600 million dollars’ worth of surplus military equipment available to law enforcement that, as you know, the previous administration would not allow you to have. It was sitting in storage houses and warehouses all over the country getting old and gaining dust — beautiful stuff. And they didn’t like it because it made you look too strong. And I liked it because it made you safe. And now it’s been distributed all over the country to the police and you’re using it very well and very judiciously and we appreciate it.

We increased funding for Project Safe Neighborhoods to $50 million dollars this year and we’re asking Congress to add an additional increase for next year. That will happen.

We secured $6 billion in new funding to combat opioids — the most in history. And speaking of that, Kellyanne Conway is here. A very special person. Where is Kellyanne? Is she around here someplace? Stand up, Kellyanne. (Applause.) She’s worked so hard with Melania, the First Lady, and they’re working very hard. And thank you, Kellyanne. Great job.

We’ve increased the average sentence for drug trafficking to its highest level since 2013.

I signed landmark anti-drug legislation that included the STOP Act to help prevent fentanyl from entering our country through the mail service.

And at my recent meeting that you all read about three days ago with President Xi of China — this took place in Argentina at the G20 — President Xi agreed to criminalize and make all fentanyl in China controlled, meaning it’s a controlled substance. Such a big event. (Applause.)

And it was really considered an industrial agent; it was not criminal at all. He’s agreed to make it a controlled substance and the highest criminality. And that would bring into play, again, the words “death penalty.” Death penalty. From no penalty to death penalty. And that’s the way our meeting went.

And I appreciate President Xi doing that very much because we lose about 80,000 people a year to fentanyl. So now they can send it but, if they get caught, they’re going to get the death penalty. I have a feeling you’re going to see it go down very rapidly. Very, very rapidly. It’s a terrible thing

This year, thanks to the efforts of everyone in this room, I am proud to report a new all-time record for the prosecution of violent crime. You also prosecuted 15,300 defendants for federal gun crimes, almost 20 percent more than the previous record.

In partnership with the federal government, local law enforcement is also making tremendous, historic strides. Here today is Wilmington Police Chief Bob Tracy. Where’s Bob? Hi, Bob. Thank you. (Applause.) Thank you, Bob.

When a vicious gang member shot and killed two people in Wilmington last February, investigators used the ATF’s ballistic database to match the shell casings to another shooting and bring the killer to justice. Amazing job. Thank you. Thank you, Bob.

Over the past year, shootings in Wilmington are down nearly 60 percent and firearm murders are down over 35 percent. Thank you, Chief Tracy, for your unbelievable work. We’re reading about it, we’re seeing it, and it really is exceptional. Thank you very much. Thank you. (Applause.)

An important milestone in our campaign to make America safe again is the reduction in the murder rate. Murders in America’s largest cities are projected to drop by more than 8 percent compared to 2016 — a remarkable turnaround in just two short years. And you are the ones who have really made it possible. We’ve given you certain advantages that you didn’t have before this administration, but you have made it possible.

With us today is U.S. Attorney Maria Chapa Lopez. Maria? Where is Maria? Thank you, Maria. (Applause.) Great. Maria assembled a team from the IRS, the FBI, and Tampa Police to take down a violent street gang in Tampa, Florida. Thanks to this collaborative effort, 11 gang members are now facing hard time in prison. Maria, great job. We’ve all been reading about it. Very, very exceptional. Thank you. Thank you very much. (Applause.)

James Clark with the Better Family Life initiative is here as well. James? Thank you very much, James. (Applause.) James works with schools, churches, family members, and friends to deescalate conflicts and stop violence before it happens. A very dangerous thing he does, but he’s not afraid. You’re not afraid, are you, James? It’s just a day in the office, right? Stand up again, James. That’s pretty — that’s not easy. (Applause.) That’s not easy.

And James and his team have successfully ended more than 50 ongoing, escalating gun battles between rival gangs right here in the St. Louis. James, great job. It’s really incredible, what you do, and everybody in this room appreciates it. Thank you very much. And all over the country, they appreciate it, James.

As part of our comprehensive crime reduction strategy, we are reforming the prison system to help more former inmates get on the right track. We all benefit when those who have served their time can find a job, support their families, and stay the hell out of jail. Right? That’s what we want. Stay out of jail. That’s why I have called on Congress to pass the First Step Act, so that more inmates gain the skills they need to become productive, law-abiding citizens.

And we’ve helped them a lot by creating one of the greatest economies — maybe the best economy this country has ever had. Our jobless rate is now down to 3.7 percent. And, by the way, in Missouri, I was just told by Josh, it’s at 3.2 percent, which is the lowest in the history of the state.

So now, when people get out of prison, rather than not being able to find a job, some employers, frankly, are forced to hire people that maybe they wouldn’t normally do. And the reports coming back are incredible. I have one particular person that says it’s hired seven people, and he just is thrilled. He can’t even believe it. We’re giving them a chance. And the economy is maybe — it’s a beneficiary, but it’s also one of the reasons that it’s working so well.

So we’re very proud. It’s — a lot of good reasons to have an economy that’s so good, but that’s maybe toward the top of the list, as far as I’m concerned.

We know it’s possible for former prisoners to turn their lives around because their Safe Neighborhood partners really make it happen every single day. Deborah Daniels is the co-founder of Offender Alumni Association in the great state of Georgia. Hi, Deborah. (Applause.) Through peer-to-peer networking, coaching, and support, Deborah and her team have helped more than 650 former offenders start new lives as law-abiding members of society. It’s an incredible story. I’ve read the story. I’ve seen it. Many of you have seen it. Thank you, Deborah, for giving these Americans a true second chance — and, in some cases, you could say a third chance — at a good life. Thank you, Deborah, very much. Thank you. (Applause.)

The amazing results of Project Safe Neighborhoods prove just how critical it is to foster cooperation among law enforcement at every single level of government.

Nowhere is this cooperation more important than when it comes to enforcing our nation’s immigration laws. You’ve been reading a lot about immigration, haven’t you, folks? But we’re getting it. We’re really getting it. We’re being strong on the border. We could use a little help, but we’re being strong on the border. A lot of brave people are working with us on the border.

Every day, our brave ICE officers are working with the state and local partners to get some of the world’s most violent criminals off our streets, and we get them the hell out of our country. We get them out.

Since I took office, ICE agents have arrested over 235,000 aliens with criminal records. Think of that: Two hundred and thirty-five thousand. And then you have a lot on the Democrat side — they’re saying, “We don’t want to respect ICE. We want to get rid of ICE.” We’re not getting rid of ICE. They’re going to be with us. They’re heroes. They’re heroes. (Applause.)

Think of that, though: Two hundred and thirty-five thousand. And that includes those charged and convicted of more than 100,000 assaults and over 4,000 murders.

Last year alone, ICE and Border Patrol seized more than 2.8 million pounds of illicit narcotics, and we have quadrupled the seizures of fentanyl. And now, with our new deal with President Xi of China, maybe we won’t even have to worry about that so much. I think you’re going to see that coming down at numbers that are pretty unbelievable.

Removing these deadly poisons and vicious predators from our neighborhoods depends upon partnerships with local communities and their elected leaders and officials.

Unfortunately, there are extreme politicians in cities and states around America — I’m sure you haven’t heard about this — who have issued policies to forbid their police departments from working with federal immigration authorities. Hard to believe, isn’t it? These outrageous sanctuary cities are grave threats to public safety and national security. Each year, sanctuary cities release thousands of known criminal aliens from their custody and right back into the community. So they put them in, and they have them, and they let them go, and it drives you people a little bit crazy, doesn’t it, huh? But it’s changing. It’s all changing.

You look at what’s going on in California; many people are demanding that they not be part of a sanctuary city. They don’t want sanctuary cities. It’s happening by its own.

American politicians should protect American citizens, not criminal aliens. Not one more American life should be stolen because of radical politicians pursuing their open borders agenda.

Nearly 100 percent of the heroin in our country comes across the southern border, killing 300 Americans, at least, a week. A week. According to the Council of Economic Advisers, this illegal heroin cost our country $238 billion dollars in 2016 alone. Think of that.

And we’re talking about a wall for $20 billion, $15 billion. I could even do it cheaper if I have to, and it’ll be better than anybody has ever seen a wall. (Laughter.) Think of that. You’re talking about hundreds of billions of dollars and you’re talking about a fraction. You would make it up in a month — a month — by having a proper wall.

You see what’s happening. You see where they’re surging and our great people are able to easily handle it. Without the wall, it gets tougher. But you know what? They still handle it.

Illegal immigration is a threat to the well-being of every American community, threatening innocent families, overwhelming public resources, and draining the federal treasury.

Congress must fully fund border security in the year-ending funding bill. We have to — we have to get this done. They’re playing games. They’re playing political games. I actually think the politics of what they’re doing is very bad for them, but we’re going to very soon find out. Maybe I’m not right, but usually I’m right. Like I said, “I’m going to win for President.” (Laughter.) And some people said, “That won’t happen.” And guess what? Look who’s up here now, folks. (Laughter and applause.)

But this includes fully funding our great ICE officers, ICE attorneys, border agents, detention beds, equipment, technology, and lifesaving border wall, which we need more than ever. We need it more than ever.

When you see these caravans of thousands and thousands of people — they like to minimize it on the fake news, but, you know, you have tremendous amounts of people coming up and it’s incredible.

And oftentimes, they’ll keep the cameras low. I know every trick. They’ve taught me. I know every trick. (Laughter.) They’ll put women and children in the front row and they’ll have those cameras nice and low. So number one, it doesn’t look like a big crowd. Number two, all you see is women and children. And they say, “You’re such bad people.” I’m “such a bad person.” But behind that front couple of rows, you got some tough, tough people.

You saw the mayor or Tijuana. He said, “These are tough people. You talk to them and we end up in fights. These are tough people.” We don’t want them coming into our country. We want great people coming in. Some of them would be great people. We need people because we have too many companies coming into our country. Car companies are pouring in. They’re all coming in.

A big announcement by Fiat Chrysler the other day: They’re going to move into Michigan with a massive new plant. A lot of things are happening. We need people at 3.7 percent unemployment, but they have to be brought in the legal way. And they have to be — we talk merit. We want to bring them in through merit. We want people that can love our country and people that can help our country. It’s all very simple. To me, it’s very simple.

Every American citizen is entitled to a safe community and a secure border. Here in the audience today are three trailblazing leaders — they truly are — who are working to dismantle MS-13 over the past two years. They’ve helped so much. They’ve done such an incredible job. Twenty-nine MS-13 members have been charged and convicted just recently, despite being targeted for retaliation.

These three patriots are U.S. Attorney Zach Terwilliger — where is Zach? Hello, Zach. (Applause.) Heard great things about you. Herndon Police Sergeant Claudio Saa. (Applause.) Thank you, Claudio. Thank you very much. And Fairfax County Police Detective Ray Betts. (Applause.) Thank you. Thank you. All three, thank you very much.

As President, nothing is more important than protecting the security of our nation and its citizens. So to every federal law enforcement officer who is on the frontlines of that mission; to the U.S. Marshals; ATF agents; immigration officers; FBI; DEA; and all state and local authorities who proudly wear this incredible uniform — it’s really the uniform of our country — I say, “Keep up the great work.” You know that my administration will always have your back. We will never ever let you down.

In the most hazardous moments, in the high-speed chases and the high-stakes courtrooms, in darkened alleys and late-night stakeouts, you are always there and always keeping watch over us. Our people love you. They love you. You don’t hear it, but they love you. (Applause.)

You never let us down and we will never let you down. You bring criminals to justice and peace to our streets. You are the reason Americans sleep soundly in their beds at night. And you are the ones making America stronger and prouder and safer and greater than ever before. We are making America greater than ever before. We are respected again as a nation. We love our law enforcement.

I just want to thank you all for being here. It’s my great honor to be before you. And God bless the United States of America. God bless you all. Thank you very much. Thank you. (Applause.)

END – 12:43 P.M. CST

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.


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)


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