President Trump Announces OPEC+ Agreement to Limit Oil Production…


Though the U.S. and Canada are not part of the “OPEC Plus” group, President Trump has  been leading negotiations between Saudi Arabia and Russia to broker a deal and stop their price war.  Today President Trump announces an agreement between the major petroleum exporting countries to curb oil production by approximately 10 million barrels per day:

Additionally, there was a loggerhead within the negotiations as Mexico did not want to cut their production by the requested amount of 400,000 barrels daily.  Mexico relies on oil as a large part of their economy. AMLO stated his economy could not withstand such a significant drop in state revenue.  Economic security is, after all, national security.

President Trump broke the OPEC+ stalemate by agreeing to decrease U.S. production by 300k/barrels allowing Mexico to drop a more manageable 100k/barrels.  Trump and AMLO reached an undisclosed agreement where Mexico will reimburse the U.S. later on.

I suspect the “reimbursement” will be more, well, strategically geopolitical than financial.  [*nudge-nudge*, *wink-wink*, *say-no-more/say-no-more*]  President Trump has an uncanny knack of collecting leverage for later, more strategic, purposes.  Just sayin’.

(VIA CNBC) […] Sunday’s emergency meeting — the second in four days — came as oil-producing nations scrambled to reach an agreement in an effort to prop up falling prices as the coronavirus outbreak continues to hammer demand. The agreement also ends a price war that broke out between Saudi Arabia and Russia at the beginning of March, which further pressured oil prices as each sought to gain market share.

The group, known as OPEC+, initially proposed cutting production by 10 million barrels per day — amounting to some 10% of global oil supply — on Thursday, but Mexico opposed the amount it was being asked to cut, holding up the final deal.

Talks continued on Friday when energy ministers from the Group of 20 major economies met, and while all agreed that stabilization in the market is needed, the group stopped short of discussing specific production numbers.

Under OPEC+’s new agreement, Mexico will cut 100,000 barrels per day, instead of the 400,000 barrels per day it had initially been asked to cut.

The 9.7 million barrels per day cut will begin on May 1, and will extend through the end of June.  (read more)

With such a significant slow-down in global oil demand due to the coronavirus mitigation efforts, massive tanker ships have been loaded with oil and sit at sea awaiting the global economy to restart generating the need for their cargo.

Two Weeks Ago…. President Trump and Defense Secretary Esper announced a major deployment of U.S. military to interdict narcotics trafficking from Central America.

On the surface the effort to deploy naval assets to the Caribbean and southern pacific is justified based on intelligence drug cartels will exploit the coronavirus pandemic to ship more narcotics into the U.S.

However, in the bigger picture there’s also a likelihood the Chinese Communist Party would work with their geopolitical allies in Central American regimes to further weaken the U.S. during a time of increased vulnerability.

In times of war, or severe geopolitical confrontation, exploiting a vulnerability is a common strategy. Therefore it’s a smart and prudent geopolitical move for President Trump and U.S. military to take very aggressive action against the cartels and their communist sympathizers. There’s more going on here than appears on the surface.

Ergo, sometime in the future…

Barr: “The president is very thankful for your cooperation“…

AMLO: “So you’re saying this is an offer I cannot refuse?“..

Barr: “The President is very thankful for your cooperation“…

 

WHO Feeds the Dragon?


What do you think “folks”? Who feeds the dragon?

Joanna Rosamond image

By  —— Bio and ArchivesApril 8, 2020

WHO Feeds the Dragon?The number of dangerous “imports” from China has been growing steadily. For years reports on toxic food and products have been swept under the mainstream media’s magic carpet and global outbreak alerts have been normalized by “…in a land far, far away…” fairy tales.

The Virus

Yep, it originated in China. Right now the only legitimate complaint about the name of the virus could come from producers of Corona beer who have already lost more than $161 million in sales. While the leftist likes of an U.S Rep. with Chinese Facebook account flaunt their allergy to facts and lament “word xenophobia” , millions of people are paying the price for the newest “import”. The confined human “mass” doesn’t need to study Information Manipulation Theory (McCornack, 1992) to realize that “given information” provided them with a false perception of a deadly problem. Already in 2002 severe acute respiratory syndrome (SARS) spread “unverified” to 37 countries. Ever since 2001,  WHO’s disease outbreaks news from China  juggled influenza A (H5N1) virus and SARS reports, not to mention  alerts on “melamine-contaminated powdered infant formula”, streptococcus suis (a swine pathogen that causes meningitis, sepsis, pneumonia and endocarditis) and polio virus.

Toxic “Goods”

Affiliates of  Chinese business in the USA and Europe clearly do not worry about customer trust and believe in raiding retail spaces and bombarding shoppers with no matter how harmful (but cheap) products. It’s not only about imposition of weird Chinese sizes and silly “translation” from Amazon: you could be purchasing a radioactive drywall  or an “all-American” lead tainted toy for your kid. With lack of well-deserved penalty for false “Made in the USA” labels we can expect more than “Only American Hockey Puck” to show its true Chinese colors. To add insult to the long list of  “unfair and deceptive acts”  two California based manufacturers “forgot” to inform American soldiers and Veterans that funds from sales of deployment bags and other gear marketed for them (including American flag…) were feeding the dragon.

The ongoing coronavirus pandemic has already caused war-like civilian casualties and disruption to economic activity world-wide. Some will deliberate on “pardonable” negligence; those who run towards the danger long enough not to believe in coincidences will consider coercive diplomacy or a leak from Wuhan’s lab. We are entering an era not only of hardship, but also of a great responsibility. Honorable leaders will have a duty  of taking counsel from our best military erudites, we the people will have the task of supporting leaders who want to bring production of our meds, clothes and food back home; the leaders willing to make America, and the world—safe again. In his tweet from the 7th of April, 2020 President Trump rightly concluded “W.H.O really blew it”.

And yep, I do hope that “We will be giving that a good look”. And nope, I do not hate Chinese people; as a matter of fact I think that Dr. Li Wenliang deserves Nobel Prize more than a toxic politician.

What do you think “folks”? Who feeds the dragon?

Trump’s Main Street Marshall Plan


Some call small businesses the backbone of the American economy

Dr. Robert R. Owens image

Re-Posted from the Canada Free Press By  —— Bio and ArchivesApril 7, 2020

Trump's Main Street Marshall PlanHow it was:

Basking in the glow of renewed freedom birthed through the Trump era tax cuts and the President’s massive reversal of the regulation noose that’s strangled America for the past three years, small-business success has achieved record highs.  The best economy in half a century unleashed by the lower taxes and fewer regulations inspired small businesses to hire more employees, to pay higher wages, and then to reinvest its capital.

How it is:

This pandemic is what historians call a black swan event.  It came out of nowhere and changed our perceptions forever.  But having said that, the same conditions of lower taxes and less regulation still exist.  Though currently stifled by the stay-at-home orders and self-quarantees this period of confinement and artificial limits is building a tsunami of pent-up demand.

As one of America’s main employers, the Small Business Administration tells us Main Street is the engine of our economy.  Here are some facts about small businesses in America today:

  • There are almost 21.5 million (90%) small businesses in the United States
  • Small businesses are responsible for 39 percent of GNP.
  • Small businesses are responsible for 52 percent of  all U.S. sales and contribute about 21 percent of all manufactured U.S. exports.
  • Small businesses contribute 44 percent of all sales in the country.
  • Small businesses employ 54.4 million people, about 57.3 percent of the private workforce.

Some call these small businesses the backbone of the American economy.  In this time of national sacrifice and emergency they deserve a government that addresses their needs.

Paycheck Protection Program

What’s been done:

In response to this crisis Congress passed, and the President signed the largest direct assistance program in American history. This, the third major bill in a month includes a novel plan for small businesses.  Instead of just tax incentives or emergency loans hidden behind a hedge of bureaucracy it seeks to deliver right-now-relief through the Paycheck Protection Program.

One way to express this effort calls to mind one of the most successful government programs of all time.  This is Trump’s Main Street Marshall Plan.

Through the Paycheck Protection Program businesses with fewer than 500 employees (including startups, sole proprietors, and the self-employed) can receive 100% federally guaranteed loans for eight weeks.  Then if the loan is used to pay employees, rent, or utilities, or rehire employees who were laid off due to the virus, the loan is forgiven.  The loan term is from February 15 to June 30.

This revolutionary piece of legislation saves small businesses the endless hassle of navigating the bewildering maze of the government bureaucracy which normally stands between citizens and government emergency relief.  With this innovative plan small business owners can work with their local bank or any lender backed by the Federal Deposit Insurance Corporation.   This includes farmers.  Those who feed the world can work with the same farm credit institutions they’re familiar with, the ones they already know and trust.  All this without any bureaucrats in between the lenders and the borrowers.

The coronavirus pandemic is the greatest crisis as a nation we have faced in the lifetime of most Americans

American small businesses can take advantage of these loans right now, the sooner the better.  The applications for these loans are located on the  Treasury Department website.

The goal of the Paycheck Protection Program is to ensure small businesses are ready to relaunch as soon as America reopens for business.  This act seeks to keep Main Street afloat by providing direct relief for small businesses and keeping tens of millions of workers on the payroll.

The coronavirus pandemic is the greatest crisis as a nation we have faced in the lifetime of most Americans.  We have a great cheerleader in President Trump.  He strives day in and day out to raise our spirits and to lead us out of this dire scenario straight back to prosperity and peace.

What to do:

Having said all this, I have to share my belief that government, even one that is being led by the greatest crisis manager of modern times, is not the answer to America’s problems.  Only God can bring salvation whether we’re talking about an individual or a nation.

He once told us, “if My people who are called by My name will humble themselves, and pray and seek My face, and turn from their wicked ways, then I will hear from heaven, and will forgive their sin and heal their land.”  And since God is the same yesterday, today, and forever,  we can still claim that promise.  Besides He also told us, “And we know that all things work together for good to those who love God, to those who are the called according to  His  purpose.”

Trust God and He’ll bring us through.  Some may say, “What if we follow that advice and we catch the virus and die anyway?”  All I can say is if we die trusting God, no matter what the reason, we sure will be healed then.

Kayleigh McEnany Replaces Stephanie Grisham As Press Secretary…


It appears new White House chief of staff Mark Meadows is making a few communications changes. White House Press Secretary Stephanie Grisham will be returning to the East Wing as First Lady Melania Trump’s chief-of-staff.  Kayleigh McEnany will be replacing Grisham as Press Secretary.

[Politico] […] Alyssa Farah, a top Defense Department spokeswoman and former press secretary for Vice President Mike Pence, will also come aboard as the White House’s director of strategic communications.

Ben Williamson, Meadows’ former chief of staff and communications director, who will be Trump’s senior communications adviser. Farah also has a Meadows connection, previously serving as the communications director for the conservative House Freedom Caucus when Meadows, a former North Carolina lawmaker, was the caucus’s chairman. (link)

Keep in mind that Hope Hicks returned in February as Senior advisor to President Trump on communications.  Ms. Hicks is the primary Trump-whisperer on media strategy.

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Are Far-Left Democrats Anti-Religion?


QUESTION: Do these Democrats who are in league with those trying to undermine our economy and future for their personal power have any conscience whatsoever? Do they even believe in God or just money?

HJ

ANSWER: They are true Marxists who will NEVER publicly admit their beliefs. The only way to determine that is to judge them by their actions. The House Democrats changed the oath someone must swear and removed the words, “So Help Me God.” (See New York Times: May 11, 2019) They rebuffed objections from the Republicans that those words have been in there since the nation was formed.

The leading Democratic Senator from California, Dianne Feinstein has discriminated against Catholic judges being appointed. She has been against religion for decades.

You cannot be a Socialist and religious at the same time. I personally do not understand this but the far-left Democrats are also the most anti-religious people you will ever meet. They are in full agreement with Marx that it is just the opium for the masses.

“Restoring Jewish sovereignty” is not “West Bank annexation”


Reclaiming patrimony in the ancient Jewish homeland after 3,000 years

David Singer image

Re-Posted from the Canada Free Press By  —— Bio and ArchivesApril 6, 2020

Restoring Jewish sovereignty is not West Bank annexationBenjamin Netanyahu and Benny Gantz have reached a critical point in their negotiations to form a Government of National Unity: whether to seize the opportunity presented by President Trump to restore Jewish sovereignty in Judea and Samaria—the heartland of the ancient and biblical Jewish National Home—after an absence of 3000 years.

Netanyahu wants to do so in tandem with President Trump—immediately a Government of at least 61 members headed by him as Prime Minister is formed. Gantz is not prepared to do so unless the Arab States —notably Jordan— and the international community agree – virtually guaranteeing it will never happen.

The Jewish media do not seem to have grasped this unique opportunity given to the Jewish People to turn a 3,000 year old dream into a miraculous reality.

The correct name of the “West Bank” is “Judea and Samaria”

Using what can only be described as the language of the enemies of the Jewish people – the mainstream Jewish media in Israel and elsewhere have been headlining their reports of the ongoing struggle between Netanyahu and Gantz with very similar headlines:

These Jewish media reports are doing the Jewish People a great disservice.

The correct name of the “West Bank” is “Judea and Samaria”—the geographic place name used for 3,000 years until 1950—when its name was changed by Transjordan following its illegal occupation of Judea and Samaria and the ethnic cleansing of all Jews living there in the 1948 War of Independence. Transjordan and Judea and Samaria were unified into one territorial entity and renamed Jordan. The West Bank was the area of Jordan on the West Bank of the River Jordan. The area on the East Bank of the Jordan River comprised what was formerly Transjordan.

The term “Judea and Samaria” had been recently used in Part II A of the 1947 UN Partition Resolution.

The 1950 change of name to “West Bank” has since been used to mask any Jewish claims or connection to the land. To rub salt into the wound the United Nations now calls it the “Occupied Palestinian Territories”

The term “annexation” connotes taking something to which you have no claim. Yet the 1922 League of Nations Mandate for Palestine included Judea and Samaria as areas in which the Jewish National Home could be “reconstituted”.  This right to do so is preserved today by article 80 of the United Nations Charter.

Language is important.

The Jewish media is letting the Jewish People down at this critical moment in Jewish History. In seeking to underplay the Netanyahu-Gantz divide—the Jewish media is giving ammunition to our enemies to use “West Bank annexation” at every opportunity.

“West Bank annexation” is a distinctly anti-Jewish phrase

“West Bank annexation” is a distinctly anti-Jewish phrase. “Restoring Jewish sovereignty in Judea and Samaria” states the Jewish case. Four more words for media to include in their headlines and reports that create a very different perception and understanding of what is at stake.

As Jews recount the miracle of the Exodus from Egypt at their Seders this week—think of the miracle Jews may be soon blessed to witness with their own eyes—reclaiming patrimony in the ancient Jewish homeland after 3,000 years.

Author’s note: The cartoon – commissioned exclusively for this article—is by Yaakov Kirschen aka “Dry Bones”- one of Israel’s foremost political and social commentators –  whose cartoons have graced the columns of Israeli and international media publications for decades. His cartoons can be viewed at Drybonesblog

What is the Fairness Doctrine


QUESTION: My concern about the “Fairness” doctrine is who decides what is fair and if it is a time thing, is time at midnight on Sunday or 0400 on Saturday morning given to answer prime time actually fair. But the television market is quite fragmented already.

PP

ANSWER: The Fairness Doctrine did not require preapproval from a central place to decide if it was fair. It simply required that they present both sides. Therefore, they would have to have an opposing view to say why the other side is wrong. They do that when the President makes that State of the Union Address. The opposition party gets the same amount of time to say he was wrong and why.

It is about presenting both sides – not that someone approves it is fair or not.

The mainstream media is just no longer trustworthy. I KNOW some good journalists who cannot write about what they think is the truth. The editor upstairs won’t let it be published.

FT On the Grab for Power


I strongly urge everyone to report this everywhere you can. What Izabella Kaminska has written about here is very important. It is about the rush to change our monetary system without any consideration. They are using the virus to propose drastic changes to the economy without any testing or analysis. There are very FEW Journalists worth reading these days. She has integrity and tries to report the truth – a very major breath of fresh air.

This is your future and that of your family.

Please post this everywhere you can. It is vital to our economic survival.

This has been the plan proposed since 2018 by Legarde when she was the head of the IMF. Now she heads the ECB.

Proposal for New Internet with Kill Switch


COMMENT: As an Englishman qualified to practice law in Virginia and Federal Courts, and very interested in your criticisms of injustices in the American litigation system, I have a suggestion which may seem trivial at first glance but would have an important impact.

My suggestion is that you promote a simple but very beneficial change in the American Rule of Costs, under which each side in litigation pays its own legal costs (subject only to certain statutory exceptions). In most of the rest of the world, the loser in litigation pays most or all of the costs. At present a potential litigant with a just case is discouraged from proceeding in an American court by the prospect that, even if he wins, his gain would be less than his legal costs. This obviously tends to deny to the poor and middle-classes their right of access to the courts. For civil defendants, the American Rule encourages frivolous cases, and promotes corrupt and uneconomical settlements, including those otherwise unjustifiable by, for example, insurance companies. In criminal cases the present American Rule obviously militates against the innocent, and promotes the corrupt practice of plea-bargaining.

A change in the American Rule to that of the rest of the world is clearly desirable from the point of view of individual rights, and the interests of the US economy, where the total cost of unproductive litigation must be huge. Together with that change, it would also be desirable to impose the Common Law prohibitions of Barratry and Champerty to prevent lawyers from taking financial interests in their clients’ gains from civil cases, which encourage ambulance chasing.

Lawyers have a productive part to play in the Economy, essentially aiding commerce and industry. There should be more to American legal practice than endless politicking and unproductive litigation!

KG

REPLY: That is a very good suggestion.

Vertical Farming & Political Change


QUESTION: Hello Martin,

Thank you for your articles; they are really valuable especially at this time. There’s a lot of ‘noise’ out there, so your information and clarity is vitally important.
Well it’s clear that international supply chains have pretty much broken down. Going local seems to be the trend for the future. So that being said, what are your thoughts around innovative technologies such as vertical farming to increase the quantity and quality of food supplies for the future and hopefully prevent mass starvation.

Many thanks

ST

ANSWER: I believe vertical farming is something we can all do in the garage or basement, depending on where you live in this climate. Those who are older looking for retirement, you should move south. This virus, like all others, thrives in colder climates. It is less as you get closer to the equator. Global warming is good!

What these people have done over this virus is seriously disrupting the world economy. People have lost their jobs. In some states, there have been more suicides than deaths by this virus. This will lead to rising violence as people who have lost everything seek retribution. This game to create political change by the left has led to some profound changes within the global economy which is fueling the war cycle as we move forward.

The left has bit off more than they can chew.