Steve Bannon Responds To China Labeling Him “Demon”, Arch-Nemesis of Beijing…


Steve Bannon appears on Fox Business news to discuss his new label as global “demon” to Beijing for Bannon’s strategic opposition to the rise of Chinese dragonomics.

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Mr. Bannon is correct in outlining President Trump’s long term strategy to break the global supply chain and reset structural trade priorities.  There’s a reason why President Trump pours vociferous praise on Xi Jinping while simultaneously executing the most brilliant geopolitical economic reset in history.  President Trump is mirroring Beijing’s approach, a panda mask that hides the dragon…

President Trump has been brutally consistent for more than three decades on his intent and purpose with the Chinese.  President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask.

Additionally, while carrying out the objectives of the confrontation, Secretary Mnuchin, Secretary Ross, Ambassador Lighthizer and adviser Navarro are well aware of Beijing’s panda mask; POTUS Trump will never let them forget about it.

Some call it ‘Globalism vs Nationalism’, at other times it is best described as “Wall Street -vs- Main Street”; however, the overarching bigger picture is a battle over economics and the financial power structures that oppose President Trump.

CTH has often said ‘everything is about the economics’, because it is. Ask the ‘why’ question five times to any issue and you will find the root issue is money.  Power, greed and control, it is all about the money and the economics.

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Opposition to President Trump’s singularly unique and transformational reset of the U.S. economic system boils down to a battle against the ‘Big Club’.

Every political confrontation is a move within this dynamic. The structural battle is not based on party affiliation, it is based on control and ownership of economics. This confrontation represents the biggest challenge; a brief example:

Hundreds of millions were spent on the 2018 election by owners within the ‘Big Club’; at a surface level those expenditures are discussed by punditry thus: “we were outspent” (insert Kevin McCarthy and/or Ronnda McDaniel here). But if you have followed the challenge more closely, over the course of years/decades, you have a more substantive understanding of the dynamic.

Billionaires on one side of the UniParty spend hundreds-of-millions in opposition to the MAGA agenda. That agenda, that economic agenda, is the existential threat to the Big Club’s grip on power.

Here’s the critical aspect: When it comes to the economics, there are no big spending billionaires on the nationalist side of the equation. The interests of Wall Street Democrats and Wall Street Republicans are based on globalism; Wall Street not Main Street.

In the ‘globalist’ multinational, Wall Street dynamic, the Big Club DNC donor base and the Big Club RNC donor base have mutual self interests.  Within this interest, President Trump is their unified opposition.

The only defeating mechanism that can structurally override this dynamic is an independent Billionaire and a massive amount of tax-paying small donors, ordinary middle-Americans, who can supplement the financial arsenal.   Think back to 2015/2016, and you will see the single-successful-reference for this reality at work.

Everything is about the economics.

The Big Club opposition to President Trump is based on financial best-interest.  That opposition is not bound to a political party ideology.  It is an ideology based on economics.  In essence, this is a structural economic battle that is being waged politically.

Decades of financial policy were intentionally structured to the benefit of the BIG CLUB and the multinational Wall Street alliance represented by U.S. Chamber of Commerce President Tom Donohue.  This is not a Republican -vs- Democrat issue; this is a larger confrontation between those who hold financial power and a singular person, President Donald Trump, who is determined to remove that grip.

In headlines: Big Club board member Alan Greenspan declares that President Trump’s tariff policies are “insane” [link].  This expression by Greenspan is directly representative everything noted above.

However, conversely, the outcome of those MAGA tariff policies are EXACTLY what we said they would be.  The BLS released information quantifying inflation across all sectors (emphasis mine).

Food – The food index declined 0.1 percent in October as the index for food at home fell 0.2 percent and the index for food away from home rose 0.1 percent. Three of the six major grocery store food group indexes declined in October. The fruits and vegetables index fell 0.7 percent in October, its third consecutive decline.

The index for fresh fruits fell 1.8 percent, while the fresh vegetables index increased 0.3 percent. The index for cereals and bakery products fell 0.6 percent, and the index for dairy and related products declined 0.4 percent. (link)

Notice how the prices for domestic food products are dropping as the MAGAnomic trade policies of President Trump are being carried out.  Notice how the timing of the decline is directly related to the tariff actions, and the counter-actions, by the targeted countries.

President Trump is fracturing the multinational corporate ‘controlled market’, and his trade policies are beginning to reconstitute supply and demand pricing in a nationalist market.

This inflation data, specifically within the fastest sector to show indicators (most perishable = fastest turnover) highlights what we have been explaining for years:

[…] The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of national economics. (cont.)

The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Oil Producing Economic Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, it’s almost everything, including food.

Yes, President Trump, the man and his policy team, is an existential threat to the elitist hierarchy of things well beyond the borders of the DC Swamp. In the era of explaining the complex it’s a planetary economic reset almost too massive and consequential to encapsulate in words.

There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

Watch Japan.

Watch Shinzo Abe.

Remember, W. Edwards Demming.

Abe knows the key to the golden ticket.

At the apex of the highest levels of finance and business; in a process that extends within both private business and the geopolitical realm of government; a part of every long-term strategic reset requires an alliance.

President Trump Impromptu Presser Departing White House – (Video and Transcript)…


Chopper pressers are the best pressers.  President Trump delivers remarks to media and holds an impromptu presser prior to departing the White House for a campaign rally in Pennsylvania. [Video and Transcript]

[Transcript] 5:51 P.M. EDT – THE PRESIDENT: Okay, so I’m heading to the great state of Pennsylvania, and we’re going to have a rally. A lot of people are outside, as you probably know. Many, many people. And it’s going to be a packed house, as it always is. I don’t know if you’ve ever seen a vacancy for Trump, but I don’t think so. We’re going to have a good time. I don’t know who’s coming, but I hope you come. It’ll be a lot of fun.

Q Why are you asking Don McGahn to defy a Congressional subpoena?

THE PRESIDENT: Well, as I understand it, they’re doing that for the Office of the Presidency, for future Presidents. I think it’s a very important precedent. And the attorneys say that they’re not doing that for me; they’re doing that for the Office of the President. So we’re talking about the future.

Yes, go ahead.

Q What’s your feeling on Judge Mehta’s ruling about your financial records? And do you plan to appeal?

THE PRESIDENT: Well, we disagree with that ruling. It’s crazy — because you look at it; this never happened to any other President. They’re trying to get a redo. They’re trying to get what we used to call in school: a deal — a “do-over.” And if you look, you know, we had no collusion, we had no obstruction. We had no nothing.

The Democrats were very upset with the Mueller report, as perhaps they should be. But, I mean, the country is very happy about it because there was never anything like that. And they’re trying to get a redo, or a do-over, and you can’t do that.

As far as the financials are concerned, we think it’s the wrong — it’s totally the wrong decision by, obviously, an Obama-appointed judge. He was a recent Obama-appointed judge.

Q Mr. President, your reaction to Justin Amash, who says you committed impeachable offenses?

THE PRESIDENT: Well, I’ve known him, and he’s been against Trump from the beginning. He probably wants to run for some other office. I don’t think he’ll do very well. He’s been a loser for a long time. Rarely votes for Republicans. And, you know, personally, I think he’s not much.

Q What do you have to say to Americans who feel that your administration is stonewalling all these investigations up on Capitol Hill? Why not let Don McGahn testify? Are you afraid of what —

THE PRESIDENT: I think we’ve been the most —

Q — he has to say?

THE PRESIDENT: Yeah, I think we’ve been the most transparent administration in the history of our country. We just went through two years of Bob Mueller, with 18 people that hated Donald Trump. They were “Angry Democrats,” as I called them. We’ve been through it for two years, and they spent almost $40 million on it. We had, I think, 500 people testified. We had 1.4 or 1.5 million documents.

At the end of all of that, he said there’s no collusion. Now what happens is the Democrats want a re-do, and we’ve had enough, and the country has had enough. There has never been, ever before, an administration that’s been so open and transparent.

So we want to get on. What we want to do is get on with running the country.

Q Can you clarify your position specifically on the Alabama abortion law? And do you think it goes too far?

THE PRESIDENT: Well, I put out my position on the — on abortion. You’ve known it for a long time. But I put it out the other day. You have it. I feel strongly about it. And all of that is working its way through court, along with the fact that the Democrats are talking about third term and they’re really talking about beyond third term, and that’s a terrible thing.

Q What’s going on with Iran? Are you worried about a war there? Or do you want negotiations or what?

THE PRESIDENT: So, with Iran, we’ll see what happens. But they’ve been very hostile. They’ve truly been the number-one provocateur of terror in this country and in the — you know, representing their country. But certainly, our country has been very much involved because we’re trying to help a lot of people out. And I don’t mind that at all.

We have no indication that anything has happened or will happen. But if it does, it will be met, obviously, with great force. We’ll have no choice.

Q (Inaudible) negotiations with them? Any talks with them?

THE PRESIDENT: Say it?

Q Any negotiations with Iran?

THE PRESIDENT: We have not — we’ve not talked about it. We’ll see what happens. If they called, we would certainly negotiate. But that’s going to be up to them. I’d only want them to call if they’re ready. If they’re not ready, they don’t have to bother.

Q Will you continue to apply economic sanctions to Iran? Or are you going to pause it to try and deescalate tensions right now?

THE PRESIDENT: Well, we’ll see what happens. But right now, we have very strong sanctions. We’ll see what happens.

Q The polls have you losing in Pennsylvania to several Democrats —

THE PRESIDENT: I don’t know. I think we’re doing very well in Pennsylvania. We won it last time. The polls had us losing Pennsylvania last time, and we won. And I expect we’ll win it this time because the coal industry, the steel industry, the car industry — they’re all doing incredibly well.

Pennsylvania now has the best employment they’ve ever had — the best employment record. More people working in Pennsylvania now than ever before, like, in our country. So I think we’ll do very well in Pennsylvania.

Q Will you appeal the judge’s ruling on the — on your financial —

THE PRESIDENT: Yeah. They’ll appeal it.

Q You will appeal it? You will —

THE PRESIDENT: They’ll appeal it. Sure, they’ll appeal it.

Q What about this — there’s another child who has died on the border. Another child migrant, now five.

THE PRESIDENT: Well, I know this: that if you look at the border, and if you look at the fact that the Democrats are really making it very, very dangerous for people by not approving simple, quick, 15-minute legislation, we could have it all worked out. It’d be great for people, great for lives, great for safety.

And the border is a dangerous place. It’s only made that way because the Democrats will not approve any legislation. I mean, they don’t want to approve anything. And it’s making the border very dangerous.

Q What’s being done to make sure these kids don’t die, though? What’s being done to make sure these kids don’t die?

THE PRESIDENT: Well, we’re working very hard. And I’ll tell you, the Border Patrol people and all of law enforcement is working very hard.

I mean, unfortunately, many of them have become doctors and nurses, and they’re taking people that are very, very sick from a long trek up — 2,000 miles — and they’re doing an incredible job.

Honestly, what should happen is the Democrats should sit down and make changes so that we can protect people on the border.

Q Do you mean there is no — you don’t see anything going on right now from the Iranian side? Is that what you just said?

THE PRESIDENT: Say it again?

Q Did you mean, right now, what you said that —

THE PRESIDENT: There are no talks going on with Iran.

Q What Iran might or might not be up to — do you see any threats right now? Do you see any threats?

THE PRESIDENT: I think Iran would be making a very big mistake if they did anything. If they do something, it’ll be met with great force. But we have no indication that they will. Okay?

Q Are you going to approve additional funding for Puerto Rico, for disaster funding, as part of this package?

THE PRESIDENT: So, I’ve given more money to Puerto Rico than, I believe, any President ever.

They’ve gotten $91 billion for the hurricane. Not only that; our military, our law enforcement, and FEMA has done a great job for Puerto Rico. And I think the people of Puerto Rico are very thankful.

We’ll see you in Pennsylvania.

[Transcript End]

President Trump MAGA Rally – Montoursville, Pennsylvania – 7:00pm EDT Livestream…


Tonight President Donald J. Trump will be holding a high-energy MAGA rally at the Energy Aviation Hangar in Montoursville, PA. (North-Central PA)  The President is expected to speak at 7:00pm EDT with pre-event speakers ongoing.

RSBN Livestream Link – GST Livestream Link – NBC Livestream Link

President Trump MAGA Rally – Montoursville, Pennsylvania – 7:00pm EDT Livestream…


Tonight President Donald J. Trump will be holding a high-energy MAGA rally at the Energy Aviation Hangar in Montoursville, PA. (North-Central PA)  The President is expected to speak at 7:00pm EDT with pre-event speakers ongoing.

RSBN Livestream Link – GST Livestream Link – NBC Livestream Link

Steve Scalise Discusses China, USMCA, Trade and Possible Bid for Louisiana Governor…


Louisiana congressional representative and house minority whip Steve Scalise discusses current trade and economic initiatives from President Trump’s agenda.  Representative Scalise outlines the importance of the challenge to China and the benefits within the USMCA agreement.

Beyond the economics, Scalise notes the recent report about running for Louisiana governor stemmed from a short, off-the-cuff, conversation with President Trump and he dismisses the seriousness of the discussion.

U.S.T.R Lighthizer Traveling to Japan for Trade Discussions….


Last month President Trump accepted an invitation from Prime Minister Shinzo Abe for a state visit to Japan May 25th through 28th. The Japanese government is honoring President Trump as the first state guest of the Reiwa Era, introduced with the coronation of Emperor Naruhito.

The official visit itinerary will include the first formal state banquet hosted by the Emperor Naruhito and Empress Masako.  The visit is a big honor intended to convey the importance of the relationship between the U.S. and Japan.

Today Reuters is reporting that U.S. Trade Ambassador Robert Lighthizer will be heading to Japan (in advance of President Trump), to meet with Economy Minister Toshimitsu Motegi.  It seems there’s a possibility Trump and Abe have something planned….

(Reuters) – U.S. Trade Representative Robert Lighthizer will visit Japan on May 24 to meet Economy Minister Toshimitsu Motegi to accelerate trade talks ahead of a leaders’ summit a few days later, two sources with direct knowledge of the plan said on Monday.

After a late-April meeting between President Donald Trump and Prime Minister Shinzo Abe, Trump had said it was possible for the two allies to reach a new bilateral trade deal by the time he visits Tokyo in late May.

Kenji Wakamiya, chairman of the lower house of parliament’s foreign affairs committee, said he expected the United States would not be as tough on Japan as it had been on China, though adding it was not certain a deal could be reached this month. (read more)

“Possible”…

… as if, it wasn’t, um, planned.

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{{{*ahem*… nudge-nudge… wink-wink… say-no-more…. say-no-more}}}

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[::: walking away whistling now :::]

 

Steve Hilton Interviews President Trump…


President Trump gave a lengthy interview to Steve Hilton on a variety of topics.

Interview continues (just hit play):

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Google Suspends Business With Huawei After Trump/Ross Blacklist…


Commerce Secretary Wilbur Ross has to be the coolest cat in the crew. On May 15th at 6:00pm Ross blacklists Chinese Company Huawei, requiring Commerce Dept. licensing prior to any “American technology transferring to a company or person on the Entity List.” An hour later… Wilbur Ross is chillin’ in the East Room at a black tie dinner:

President Trump […] … And Wilbur had a very big day today. You probably have read about it. It came out at about 6 o’clock in the evening. So, we’re surprised to see you here, Wilbur. You should be working right now, Wilbur — (laughter) — wherever you are. (link)

The Chinese communists hate U.S.T.R. Lighthizer, but I bet they tremble more over Ross.

NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world.

The move could hobble Huawei’s smartphone business outside China as the tech giant will immediately lose access to updates to Google’s Android operating system. The next version of its Android smartphones will also lose access to popular services including the Google Play Store and Gmail and YouTube apps.

“Huawei will only be able to use the public version of Android and will not be able to get access to proprietary apps and services from Google,” the source said. (read more)

Sunday Talks: Pat Toomey and Chris Wallace Discuss GOP Position on Trade and Immigration…


Notice how Wallace never interrupts a Wall Street Decepticon?   Senator Pat Toomey (U-CoC) and swamp gatekeeper Chris Wallace discuss tariffs on China, the immigration crisis and a possible threat from Iran.

“Strategery” – President Trump Instructs Ross and Lighthizer to Focus on Auto Sector….


Further evidence there will be no further engagement with China surfaces in an announced specific shift in directive from President Trump today focusing Commerce Secretary Wilbur Ross and USTR Lighthizer on a sector, not a specific nation.

The auto industry is the key sector on two specific trade fronts: the EU trade reset and the ongoing negotiations with Japan.  Both trade agreements center heavily on the auto-sector; and both Japan and the EU have cemented intransigent trade positions.

Enter President Trump to cut the Gordian knot.

It’s a small but important note that President Trump had previously assigned geographic trade responsibilities.  Wilbur Ross has the EU as his primary focus and Robert Lighthizer has authority over Asia.  Today the White House connects the objective of both Ross and Lighthizer as President Trump instructs the U.S. Trade Representative to engage in discussions around the specifics of the auto-sector:

White House – […] Following an extensive review of the Department of Commerce’s Section 232 automobile report, President Trump today issued a proclamation directing the United States Trade Representative to negotiate agreements to address the national security threat, which is causing harm to the American automobile industry. (more)

The President has designated the auto industry as a critical component of national security [More Here].  With Ross’s report in hand, the possibility of increasing tariffs on foreign automobiles is the leverage POTUS gives to Lighthizer along with the mandate to engage.

This sector-specific approach makes buckets of sense when we consider the intransigence of both Japan and the EU on the larger trade issues. [Note: in this example the EU is controlled almost exclusively by Germany and Angela Markel.]  Interestingly, Japanese Prime Minister Shinzo Abe knows President Trump as a friend, and they both respect each other immensely as trade and economic strategists.  Merkel, not-so-much.

Prime Minister Abe is a tough adversary for President Trump because it’s like having to negotiate with a brother/competitor who really understands your strategies.

Like Chairman Xi and China, Angela Merkel and the EU is an easier challenge for President Trump.

Trump knows the EU pressure points and he’s pre-constructed the Section 232 review for just this purpose.  Quite simply wherever the German auto-industry goes, so too goes the fortunes of German political leadership.

As a result, unless the EU is going to align with communist China, the EU cannot lose U.S. market access.

Now…

There is a possibility that Germany will force the EU to economically align with China; that is part of the current geopolitical dynamic taking place over the tech industry.  However, PM Shinzo Abe, will never allow the Japanese economy to be held captive to the influence of China.  So each trade partner involved in the auto-sector may diverge on that key issue.

Merkel and the EU may decide manufacturing exports to China are worth more to them than manufacturing exports to the United States.  However, as Trump pummels the Chinese economy, he is also changing the dynamic of possible future benefit within the mind of those constructing the EU economic plan.

A weakened (more poor) China presents a less valuable economy for exported consumer goods.  As China devalues their money to retain export leverage, they simultaneously drive up import costs.  Those German cars become much more expensive and the Chinese consumer won’t be able to afford them.  It’s an interesting dynamic.

There’s always been a good chance that President Trump would apply auto tariffs on the EU in order to leverage trade reciprocity, eliminate non-tariff barriers and protectionism, and simultaneously force Germany to pay for their own NATO defenses.

However, the potential for auto tariffs on Japan has been more singular in focus. Trump wants fair and open access for U.S. agriculture goods as a hedge against China refusing to purchase.  President Trump was always positioning Japanese auto sector tariffs as straight one-for-one leverage toward more exports.  Trump doesn’t look at Abe’s cars as anything other than ordinary leverage toward a traditional trade deal.

Guess what?  Shinzo Abe knows this…

Like I said, it’s like negotiating a better position with your brother as your competitor… he knows your objectives.   Cue the audio visual:

Japan has agreed to lift longstanding restrictions on American beef exports, clearing the way for U.S. products to enter the market regardless of age, the U.S. Department of Agriculture announced Friday.

The news comes on the heels of other important trade developments on Friday, including the Trump administration’s plans to delay auto tariffs on the EU and Japan and lift steel tariffs on Canada and Mexico.

In 2005, Japan imposed restrictions on cattle over 30 months old for U.S. beef imports in response to the outbreak of bovine spongiform encephalopathy, sometimes known as mad cow disease.

According to the USDA announcement, Japan agreed to remove that age limit for U.S. beef imports. The new terms, which take effect immediately, allow U.S. products from all cattle, regardless of age, to enter Japan for the first time since 2003, the government said.

“This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious U.S. beef,” Agriculture Secretary Sonny Perdue said in a statement. “We are hopeful that Japan’s decision will help lead other markets around the world toward science-based policies.”

American beef sales to Japan topped $2 billion last year, representing approximately one-fourth of all U.S. beef exports. (read more)

Trust me… Grab a Snickers with these two challenging each-other…. it’s gonna be a while.

…Brothers