An “Increasingly Worried” Chinese President Tells Trump To “Exercise Restraint” Over N.Korea


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France, and the European “populist wave”, may be fixed for now, but geopolitical concerns remain as was made clear last night when during a phone call late on Sunday between Chinese President Xi Jinping and Donald Trump, the North Korean neighbor called for all sides to “exercise restraint” as Japan conducted exercises with a U.S. aircraft carrier strike group headed for Korean waters. China, which has repeatedly called for the de-nuclearization of the Korean peninsula, is “increasingly worried” the situation could spin out of control, leading to war and a chaotic collapse of North Korea, something we cautioned over two months ago.

Xi told Trump on the phone that China resolutely opposed any actions that ran counter to U.N. Security Council resolutions, the Chinese foreign ministry said quoted by Reuters. China “hopes that all relevant sides exercise restraint, and avoid doing anything to worsen the tense situation on the peninsula”, the ministry said in a statement, paraphrasing Xi. The nuclear issue could only be resolved quickly with all relevant countries pulling in the same direction, and China was willing to work with all parties, including the United States, to ensure peace, Xi said.

A potential risk catalyst is just hours away: North Korea prepares to celebrate the 85th anniversary of the foundation of its Korean People’s Army on Tuesday. It has marked similar events in the past with nuclear tests or missile launches.

That said, a Chinese foreign ministry spokesman said the call between the two presidents was the latest manifestation of their close communication, which was good for both of their countries and the world.

China urges calm as Trump holds calls on North Korea

On Sunday, Trump also spoke by telephone with Japanese Prime Minister Shinzo Abe, who later described the conversation as a “thorough exchange of views”.

“We agreed to strongly demand that North Korea, which is repeating its provocation, show restraint,” Abe told reporters. “We will maintain close contact with the United States, keep a high level of vigilance and respond firmly,” he said. Abe also said he and Trump agreed that China should play a large role in dealing with it.

According to Reuters, a Japanese official said the phone call between Trump and Abe was not prompted by any specific change in the situation. Envoys on the North Korean nuclear issue from the United States, South Korea and Japan are due to meet in Tokyo on Tuesday. The U.S. government has not specified where the carrier strike group is, but U.S. Vice President Mike Pence said on Saturday it would arrive “within days”.

Meanwhile, South Korean Defence Ministry spokesman Moon Sang-gyun gave no details about the South’s plan to join the approaching U.S. carrier group for exercises, apart from saying Seoul was holding discussions with the U.S. Navy. “I can say the South Korean and U.S. militaries are fully ready for North Korea’s nuclear test,” Moon said. South Korean and U.S. officials have feared for some time that North Korea could soon carry out its sixth nuclear test.

As reported on Friday, satellite imagery analyzed by 38 North, a Washington-based North Korea monitoring project, found some activity at North Korea’s Punggye-ri nuclear test site last week. However, the group said it was unclear whether the site was in a “tactical pause” before another test or was carrying out normal operations.

Adding to the already tense situation, North Korea detained a U.S. citizen on Saturday as he attempted to leave the country. The arrest will be a topic of discussion when Trump hold a top level briefing with Senators on April 26.

As a reminder, Trump sent a carrier group for exercises in waters off the Korean peninsula as a warning, amid growing fears North Korea could conduct another nuclear test in defiance of United Nations sanctions.

Angered by the approach of the USS Carl Vinson carrier group, a defiant North Korea said on Monday the deployment was “an extremely dangerous act by those who plan a nuclear war to invade”. “The United States should not run amok and should consider carefully any catastrophic consequence from its foolish military provocative act,” Rodong Sinmun, the official newspaper of the North’s ruling Workers’ Party, said in a commentary on Monday.

“What’s only laid for aggressors is dead bodies,” the newspaper said.

Two Japanese destroyers have joined the carrier group for exercises in the western Pacific, and South Korea said on Monday it was also in talks about holding joint naval exercises.

One Trader Is Surprised At Market Euphoria From A “Result That Was Everybody’s Base Case”


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The risk of a Eurozone breakdown now appears to be taken off the table after a French election that has led to a dramatic repricing in European risk assets. And yet the outcome – which was largely expected – has prompted Bloomberg’s Richard Bresow to muse just how much was truly priced in:

“I guess it shouldn’t come as a huge surprise. It truly unnerved the commentariat that the unpredictable seemed to be unpredictable. The second vote is apparently now knowable with certainty. Europe is saved. Populism is about to be vanquished. A strong euro is a good thing for the economy. And ECB President Draghi can begin normalizing rates. Presto chango. Not bad for a result that was everybody’s base case.”

And yet, as Breslow adds, the wholesale reaction leaves something to be desired:

Gold is interesting. I’d have expected it to leak more than it did. It may require Treasury yields to push higher. As we speak, they left a nasty gap and sit right where the bulls were hoping they wouldn’t have to see anytime soon. This may be the most interesting asset of all.

Equities are happy. Think of all that hard-earned wealth creation. And they get to ignore the Shanghai meltdown and potential U.S. government shutdown. Make tax cuts, not war. Another one-half percent higher in the E-mini and dreams of new all-time highs will be dancing in traders’ heads.

For now, however, it is “springtime in Paris”, and all other concerns can be put on the backburner, if only for the next few days.

The full note from Richard Breslow, a former FX trader and fund manager who writes for Bloomberg

* * *

It’s Morning Time for Springtime in Paris

And they get to ignore the Shanghai meltdown and potential U.S. government shutdown. Make tax cuts, not war. Another one-half percent higher in the E-mini and dreams of new all-time highs will be dancing in traders’ heads.

It’s Morning Time for Springtime in Paris

The pollsters won the first round of the French presidential election. In other news, Emmanuel Macron and Marine Le Pen have advanced to the next phase. There were times last night when there seemed to be as much relief from the forecasts being accurate as the diminished likelihood that one of the extremists will win the ultimate prize. Despite the far-right representative coming second and ahead of either of the main party candidates.

I guess it shouldn’t come as a huge surprise. It truly unnerved the commentariat that the unpredictable seemed to be unpredictable. The second vote is apparently now knowable with certainty. Europe is saved. Populism is about to be vanquished. A strong euro is a good thing for the economy. And ECB President Draghi can begin normalizing rates. Presto chango. Not bad for a result that was everybody’s base case.

Some of the other big winners include SNB President Thomas Jordan as EUR/CHF made a new high on the year. This is a good one to keep an eye on as 1.0850, where it peaked, is where heavy technical resistance begins. If the “everything is right with the world” meme is to hold, the cross needs to show it. Game theory would suggest it wouldn’t be a bad time for him to give it a little nudge.

The BOJ has to be feeling a bit better. And will feel a whole lot more sanguine if EUR/JPY can stick above the really pivotal 120 level. It was just last Monday that 115 was under threat. The U.S. can’t really fault the Japanese for this yen weakness, as they will be referred to the French ministry.

Gold is interesting. I’d have expected it to leak more than it did. It may require Treasury yields to push higher. As we speak, they left a nasty gap and sit right where the bulls were hoping they wouldn’t have to see anytime soon. This may be the most interesting asset of all.

Equities are happy. Think of all that hard-earned wealth creation. And they get to ignore the Shanghai meltdown and potential U.S. government shutdown. Make tax cuts, not war. Another one-half percent higher in the E-mini and dreams of new all-time highs will be dancing in traders’ heads.

Springtime in Paris can indeed be very enchanting.

T-Rex: No Further Questions Needed on Russia Sanctions Being Lifted,… EVER !


Funny call readout from Secretary Tillerson’s office today.  The last paragraph is extraordinarily blunt (emphasis mine):

[Dept. of State] Secretary Tillerson phoned Ukrainian President Petro Poroshenko today to discuss his recent trip to Moscow and his message to the Russian leadership that, although the United States is interested in improving relations with Russia, Russia’s actions in eastern Ukraine remain an obstacle. The Secretary emphasized the importance of Ukraine’s continued progress on reform and combating corruption.

The Secretary accepted condolences from President Poroshenko on the death today of a U.S. member of the Organization for Security and Cooperation in Europe (OSCE) Special Monitoring Mission (SMM). The leaders agreed that the OSCE SMM has played a vital role in its role of monitoring the Minsk agreements designed to bring peace to eastern Ukraine, and that this tragic incident makes clear the need for all sides- and particularly the Russian-led separatist forces-to implement their commitments under the Minsk Agreements immediately.

Secretary Tillerson reiterated the United States’ firm commitment to Ukraine’s sovereignty and territorial integrity and confirmed that sanctions will remain in place until Russia returns control of the Crimean peninsula to Ukraine and fully implements its commitments in the Minsk agreements. (link)

Oh well, I guess that’s that then.

No need to ever wonder about those pesky sanctions ever being lifted.

Ever.

Horse = Dead.

Moving on…

 

French Election – No Surprise – Or Is There?


2017 Election

Our computer had correctly projected that Le Pen would defeat the mainstream party Socialists. Indeed, Hollende did not even run he was so unpopular. The result of this election is really now a wildcard. For the most important aspect worth underlining in BOLD is the striking fact that this is the first time in modern French history all the mainstream centre-right or centre-left parties of government that have ruled France since the World War II will not make it to stand for the second round of a presidential election.

Macron & WifeWe can now safely count that Le Pen’s base is very solid. Those who support her will be out in sheer force to take their country back – FRANCE FIRST as they are saying. The wildcard is now Macron, who just started his party last August. All the mainstream media and mainstream politicians will be throwing their support now to Macron. Mainstream press is already estimating Macron took 24% of the vote, with Le Pen close behind with 21.8%. The question is clear that his base is nowhere near as firm as that of Le Pen.

Macron is the mirror image of Trump. Just a bureaucrat, but his wife is 24 years older than him compared to Trump who is 25 years older than his wife. Macron lacks any real experience to speak of outside of government and the joke is that since men mature slower than women, he is just a boy toy who is not ready for prime time who needs his hand held when crossing streets. The two studies bantered about are curious indeed. If a man marries and older woman, she dies sooner whereas a man who marries a younger woman increases his life expectancy by at least 11%. Guess the younger girl keeps him in better shape whereas the boy toy wears out his spouse so they say. Well we have had just about every other scenario arise in politics. Guess its time to change up.

Macron’s platform is typical for a bureaucrat – something for everybody. He claims he wants to cut costs and bureaucracy to boost hiring, while promoting investment in what he called the economy of the future. These are nice vague objectives for which has has come under fire. He then came up with six main priorities: education, work, economic modernization, security, democratic renewal and international engagement.

Mean while, the ECB has firmed up plans to help bailout French banks in the middle of pending uncertainty. May is looking more and more interesting. A Le Pen victory will actually provide a soft-landing for the EU and force it to begin to look at what it is doing so terribly wrong. A Macron victory will doom the EU to a complete collapse and a hard landing in 2018. Why? Brussels will wipe their brow and cheer the end of “populism” and that means they will continue down the same road without any reform. BREXIT should have sparked some internal review. Instead, they just blame the Brits and move on.

50,000 Police Monitor As 47 Million French Voters Decide The Fate Of Europe


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After months of anticipatory build up, voting is underway in France on Sunday in the first round of a bitterly fought presidential election that is seen as crucial to the future of the Eurozone, and a closely-watched test of voters’ anger with the political establishment.

Local polling stations opened at 0600 GMT and will close at 1800 GMT, with about 47 million voters expected to cast their ballots in around 67,000 polling stations amid a high terror alert.

Voters, on edge after Thursday’s latest ISIS terrorist attack, will be monitored by more than 50,000 police officers backed by elite units of the French security services patrolled the streets less than three days after a suspected Islamist gunman shot dead a policeman and wounded two others on the central Champs Elysees avenue.

Related Video
Candidates vote in French election

By noon (6.00 a.m. ET), turnout amid perfect weather conditions across much of France was 28.54%, according to official figures, roughly the same as in the 2012 first round, in which almost 80% eventually took part.

 

Some polls had been predicting a much lower turnout, closer to the 70% that took the then National Front leader Jean-Marie Le Pen into the second round in 2002. Pollsters are unclear about what a low or high turnout could mean in 2017.

 

While we have previewed today‘s event extensively (most recently here), Reuters summarized it best: today “voters will decide whether to back a pro-EU centrist newcomer [and a former Rothschild banker], a scandal-ridden veteran conservative who wants to slash public spending, a far-left eurosceptic admirer of Fidel Castro or to appoint France’s first woman president who would shut borders and ditch the euro.”

The outcome of today’s election will show whether the populist tide that led to Brexit and Donald Trump’s victory is still rising, or starting to ebb.

The biggest wildcard ahead of today’s outcome is the high level of indecision among the population, with nearly a third of potential voters undecided until the last minute. Hanan Fanidi, a 33-year-old financial project manager, was still unsure as she arrived at a polling station in Paris’ 18th arrondissement.

“I don’t believe in anyone, actually. I haven’t arrived at a candidate in particular who could advance things. I’m very, very pessimistic,” she said.

Looking at the outcome of today’s vote, while the possibility of a Le Pen-Melenchon run-off is not the most likely scenario, it is the one which alarms bankers and investors.

Putting the performance of Marin Le Pen – as well as that of her father Jean-Marie – in election context:

  • Jean-Marie Le Pen, 2002: 16.8%
  • Jean-Marie Le Pen, 2007: 10.4%
  • Marine Le Pen, 2012: 17.9%

Le Pen has told supporters “the EU will die”, while Macron, 39, a former Rothschild banker wants to further beef up the euro zone. Le Pen further wants to return to the Franc, re-denominate the country’s debt stock, tax imports and reject international treaties. Melenchon also wants to radically overhaul the European Union and hold a referendum on whether to leave the bloc.

Le Pen or Melenchon would struggle, in parliamentary elections in June, to win a majority to carry out such radical moves, but their growing popularity also worries France’s EU partners.

Germany’s position on today’s election is hardly a surprise: “It is no secret that we will not be cheering madly should Sunday’s result produce a second round between Le Pen and Melenchon,” German Finance Minister Wolfgang Schaeuble said. If either Macron or Fillon were victorious, each would face challenges. For Macron, a big question would be whether he could win a majority in parliament in June. Fillon, though likely to struggle less to get a majority, would likely be dogged by an embezzlement scandal, in which he denies wrongdoing.

Meanwhile, polls opened on Saturday in France’s overseas territories, allowing citizens to cast their ballots a day ahead of voters on the French mainland. According to unconfirmed twitter reports, based on preliminary offshore results, support for Melenchon is far greater than for any of his competitors.

 

 

There Will Be Blood: Left Prepares For War After Berkeley Beat Down With “Combat Training, Better Equipment, Guns…”


 

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Authored by Mac Slavo via SHTFplan.com,

Last week Trump supporters and leftist social justice warriors met on the political field of battle in Berkeley, California. Words were exchanged, as were punches. And while an alt-right leader was punched in the face, by all accounts even the social justice warriors admit that they got a major beat-down.

This prompted a reddit discussion among the left’s tolerant resistance movement, with many asking how they can more effectively go to war against anyone who disagrees with their social, political, and economic views.

The anti-Trump protesters at the rally were ill-prepared for what they came to Berkeley to confront and now they are trying to figure out ways to ensure it doesn’t happen again.

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In short, as predicted, they are turning to militancy and mob action by mobilizing individuals and groups to attend combat training seminars, acquiring better equipment like baseball bats and helmets, and of course, if things really go bad… guns.

Yes, we seemed to have lost today. The alt-right held their ground. If we wanna take action against them, we need to be better organized and better trained. It doesn’t help that it’s only the far left opposing them, any trump supporter can be radicalized far easier than any liberal.
I hope we learn from today
A shocking number of our comrades went in there with absolute no combat training. We need to set up seminars or something of the sort.
We also need better equipment, I know the bandanna and hoodie look is our trade mark, but I saw the right wearing motorcycle helmets, and baseball helmets. A dude wearing a helmet is going to keep going if he get punched, our guys are going down.

antifa-protests1

And though they are, always have been and always will be “tolerant” and “peaceful protesters,” many are now discussing arming themselves so they can go head to head with the “fascist” and “racist” alt-right.

I honestly think we need a campaign to get more antifa armed. It seems that seems to be the biggest problem with our resistance. They’re mostly armed, why aren’t we?

Not getting disarmed is a big part of the problem, yes, but we need more than flags and bats. We need to take notes from the John Brown Gun Club and get firearms and training. I know getting firearms in states and cities we have a presence in is usually a hassle, but even handguns would help. It would certainly put a psychological element in while holding fash back. Who do you think a fascist is more afraid of? People with only flags and bats, or people with flags, bats, and guns?

antifa-protests2

Video report:

The “comrades” organizing against “fascists,” which basically means anyone and everyone who voted for President Trump, are quickly coming to the conclusion that to win this conflict they will need to be armed with more than just flags, banners, chants and pepper spray.

And all this time we thought hugging it out would be the solution…

Apparently, there is a realization among the left that whatever it is they are trying to accomplish will not come with peaceful assembly, but rather, with blood in the streets.

As we and others like Brandon Smith of Alt-Market previously warned, the Left WILL Resort To Large Scale Violence… To Stop Fascism:

I believed at that time that the social-justice cult would lose mainstream influence but that the existing minority would resort to even more insidious tactics and greater violence to get what they want; and, the so-called “moderate left” would cheer them on.  As it turns out, I have been proven right so far.

Not that extreme Leftists have been averse to violence over the past year, but I think it is safe to say that the volume on the cultural Marxist machine has been turned up a notch.

The social justice mantra is changing. At first, it was predominately about forming mobs to “shame” target political opponents into silence. Now, it is about forming mobs to do what they call “punching Nazis.” Leftists are now often seen regurgitating the claim — “This is only the beginning…”

Indeed, this is only the beginning.

Ladies and Gentlemen, if you have a Trump bumper sticker, an American flag or a Gadsden decal on your vehicle, prepare to defend yourselves.

There will be war.

End of Socialism will Be A Tumultuous Hard Landing


Socialism Marxism

QUESTION: Hi Martin:

I’d love to believe that the collapse of this dead-end ideology is imminent, but when one looks at just the media situation in the entire Western world, and sets aside the political landscape, it is hard to fathom. With O’Reilly’s departure from FOX, and Murdoch’s sons taking over (who are both reportedly very progressive liberals), it seems that Socialism is on the grow. Care to comment and enlighten us some more? It would be vastly appreciated, thanks.

DA

 

ANSWER: The economics of the situation is what rules. That is why Communism failed. But keep in mind that this is the civil unrest. Socialism will not simply die and move into the light. It will rage, kick, scream, and try to take down everyone in the process. You can see it in these anti-Trump demonstrations. They claim to be for peace and against Trump because he is some sort of racist etc. etc etc. etc…..

2017 Cycle of War

Yet these are historically ALWAYS the most violent people. This is the subject of the next 2017 Cycle of War Report. The system is collapsing and all the taxes and fines the dream up in their minds cannot save the system. It will go bust. That is the end of Socialism the same as it was the end for Communism. Both are against human nature.

 

atlasshruggedThey say it is wrong to discriminate for race, religion, sex, or sexual orientation. But it’s OK to discriminate against anyone who disagrees with those in power or if they have material wealth above average. This type of discrimination is perfectly fine because it suits their agenda. What happens when the productive class refuses to produce? When Atlas Shrugged, it all comes crashing down.

 

Do you know that when Ayn Rand published that book, she received the worst reviews ever. The press was socialistic agreeing with FDR. Despite having the press trying to prevent people from reading it fearing the book would be against their socialistic philosophy, Atlas Shrugged has been ranked as #2 in the most influential books just behind the Bible ever written.

Here is the survey’s list of the most influential books:

1. The Bible.

2. “Atlas Shrugged,” by Ayn Rand.

3. “The Road Less Traveled,” by M. Scott Peck.

4. “To Kill a Mockingbird,” by Harper Lee.

5. “The Lord of the Rings,” by J. R. R. Tolkien

Dear French People | French Presidential Election 2017


OMB Director Mick Mulvaney Discusses The Pending Economic Policy Confrontation…


Office of Management and Budget Director Mick Mulvaney appears on Bloomberg News to discuss the seismic, epic, thundershock confrontational clash that is about to take place between the Trump administration and the DC UniParty.

There are no adjectives capable of describing the scope and immeasurable scale of the battle that is about to transpire between the White House and the Democrat/Republican UniParty.

MONEY is where every entity within the full-swamp goes nuclear against President Trump and the administration.  Despite all prior discussions toward this end, it is doubtful that more than one-in-a-million people can fully grasp the dynamic at play.

Because the procedural wonk is so inherently riddled with ten thousand tentacles of political schematics, I will defray the wonk-speak until after the video.

.

If you are interested in deep political weeds, keep reading. However, if you have blood pressure issues or are concerned about your physical or mental health, STOP HERE and go enjoy life. Believe me.

From a political perspective the outline of the assembled enemy forces are evident.  Next week former President Obama is scheduled to reappear in Chicago.  This is not coincidental.  There are trillions of dollars at stake.

Every vested financial interest has been, and is now, prepared to do battle against President Trump.  All of the body blows from the media, including their professional gaslighting efforts, was merely to soften Trump up for the pending attacks.

All of the previous accusations, ridicule, marginalization, probes and diminishment efforts by the media and their multinational corporate entities will pale in comparison to what lies ahead.

If you listen to Mulvaney carefully, and accept that the UniParty apparatus is real and purposeful, then you can see the scope of the financial strategy coming from DC.  Remember, the BIG CLUB has paid for legislative policy.  They will not allow those payments to be non-reciprocated, all of the DC politicians are now commissioned to fight without limits or rules on their behalf.

BIG CLUB: ♦Retention of ObamaCare. ♦Deep Federal Spending. ♦NO border wall. ♦Open-ended immigration until congress delivers comprehensive immigration reform to include amnesty. ♦Tax Cuts (corporate revenue enhancements).

♦House Speaker Paul Ryan will use the budgetary rules process, as a backdoor, to leverage the U.S. CoC Lobbyists construct of the Border Adjustment Tax (BAT).

♦No-one paid by the Big Club in Washington DC will willingly support the Border Wall.

Think about what Director Mulvaney is saying in the video above.   Mulvaney is highlighting the point that tax/budget will either use the reconciliation process, or not – depending on the opposition and depending on the support.

Any budget can pass the house with a simple majority, the Republicans have full control.

However, when the budget reaches the Senate if they are going to use “reconciliation” (simple majority/republicans only) the budget must be revenue neutral beyond 10 years – if the tax plan/budget is going to be permanent.

If the Tax-Plan/Budget delivered to the Senate is not deemed revenue neutral (scored by CBO) beyond 10 years, it cannot be permanent and use the reconciliation process (simple majority).   Such a plan must contain a sunset provision or an expiration date.

A permanent tax plan/budget that is: not deficit neutral, and beyond the 10 year scope, will require support from more than just 52 republican senators to pass; because it will mean long-term deficit spending.

Here’s where the FUBAR of the UniParty comes into play.  This is not a Democrat -vs- White House issue.

President Trump cannot present a balanced budget with drastic cuts to government, because UniParty republicans will not support it.  They, along with Democrats, will demand more spending.

Most of those same UniParty republicans are already opposed to the border wall.  They view funding for the border wall as a negotiation tool to keep the federal government spending on other facets.   President Trump cannot fund the wall, and simultaneously fund their big government spending indulgences without deficit spending.

Enter Paul Ryan.

Ryan will propose this Border Adjustment Tax, a program Trump hates, as the revenue tool to provide the funding for the tax/budget that contains the border wall funding.

See how that works?

[U.S. CoC and Ryan ] – The U.S. CoC get their B.A.T, which is essentially a tax against consumers allowing big corporations to fatten their bottom line, by forcing Trump to give up his border wall or go along with their proposal.

Wait, you ask: …what about renegotiated trade deals with (Mexico) via NAFTA that will, essentially, provide the revenue that more than pays for the wall?

Great question.  Yes, the renegotiated NAFTA deals would easily provide the treasury revenue that will offset any wall expenditures.

However, now you understand why congress is refusing to accept the NAFTA “letter of intent” from Commerce Secretary Ross.  The republican UniParty congress is blocking, well, actually they are ‘strategically delaying‘, Wilbur Ross from renegotiating the trade deal with Mexico – and by doing so they are blocking the revenue that would undermine their tax/budget scheme and argument in favor of the B.A.T.

Remember, accepting the letter of intent triggers the start of a 90-day waiting period before Ross can open NAFTA.   Congress is waiting to accept, until the end of the 90-day period falls AFTER October 1st 2017, the beginning of Fiscal Year 2018.

This UniParty approach robs the White House from using the anticipated Mexican money as a point of reference (political talking point) for the current tax and budget proposals which begin October 1st for fiscal year 2018.  (The B.A.T also impacts the possibility of a greater economic trade deal with Mexico from the tax side.)

See how that works?

[Hence, the blood pressure warnings]

This is not a Democrat party working against the White House.  This is a republican UniParty working against the White House.

Speaker Ryan is positioning funding for the border wall contingent upon Trump accepting the blanket B.A.T as revenue to pay for it.  This is the position of the Lobbyists within the U.S. CoC. If Ryan wins we are all screwed because essentially the tax revenue will be on our backs for every product imported and exported.   But the big corporations love the enhancements to their bottom lines.

OMB Director Mick Mulvaney is trying to position and protect President Trump from having to accept the B.A.T. because the BAT is antithetical to the economic trade policy, targeted tariff approach, President Trump wants to take.

Simultaneously, Mulvaney is trying to get President Trump the initial start up money for the Border Wall so he doesn’t have to accept Ryan’s BAT.

Ergo Mick Mulvaney is trying to draw in Democrat votes to offset the scheme of Ryan which is relying only upon Republican votes.  If Mulvaney can get Democrats to vote for funding the border wall by giving them funding to continue ObamaCare, Mulvaney won’t need Ryan’s BAT revenue because he’ll have votes to support a deficit bill.

However, Democrats don’t want the border wall either; but they also don’t want ObamaCare to collapse earlier due to funding shortages within the insurance reimbursement program (cost share programs).

FUBAR.

When challenged about the UniParty, it always helps to remind and re-emphasize to people that Republicans in congress (House and Senate – ’10 through ’16) fully funded all of Obama’s policies and programs.

President Trump: “I do not see a role in Libya”…


During a press conference yesterday with Italian President Gentiloni, President Trump was asked about the future U.S. role Libya.

QUESTION:  President Trump, do you see a role for your administration in helping stabilizing Libya?  And do you agree that stabilizing Libya means combating terrorism and ISIS?

PRESIDENT TRUMP:  “I do not see a role in Libya.  I think the United States has right now enough roles.  We’re in a role everywhere.  So I do not see that.  I do see a role in getting rid of ISIS.  We’re being very effective in that regard.  We are doing a job, with respect to ISIS, that has not been done anywhere near the numbers that we’re producing right now.  It’s a very effective force we have.  We have no choice.  It’s a horrible thing to say, but we have no choice.  And we are effectively ridding the world of ISIS.  I see that as a primary role, and that’s what we’re going to do, whether it’s in Iraq or in Libya or anywhere else.  And that role will come to an end at a certain point, and we’ll be able to go back home and rebuild our country, which is what I want to do.”

[Transcript]

President Trump is taking the smart and strategic approach toward Libya having previously discussed the North African country extensively with President al-Sisi of neighboring Egypt.

The smart play is for the U.S. to maintain diplomatic relationships with Libya, while supporting Egypt and al-Sisi’s position of influence.  Libya’s factional and tribal government is still missing the core elements needed for success – a stable central figure with broad moderate following.

History has shown that injecting U.S. opinion toward a centralized government that exists without leadership only brings a worse outcome.

Like Syria, Libya is a tribal nation with diverse ideological and regional perspectives.  If there isn’t an existing structure of regional representation when the dictator is removed chaos is the outcome.   However, once regional representative leaders are established, the bottom up approach can work better to find a unifying central figure.

That’s also the goal in Syria.

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