U.S. Commerce Secretary Wilbur Ross gives an interview to Fox Business Maria Bartiromo and discusses the United States-Mexico-Canada Agreement (USMCA). Secretary Ross notes the gains in e-commerce and the dairy industry. Also worth noting, the Steel and Aluminum tariffs remain in place.
CTH will have much more when USTR releases the details. An initial review of framework suggests the important economic aspects will be in SIDE LETTERS.
“Today, Canada and the United States reached an agreement, alongside Mexico, on a new, modernized trade agreement for the 21st Century: the United States-Mexico-Canada Agreement (USMCA). USMCA will give our workers, farmers, ranchers and businesses a high-standard trade agreement that will result in freer markets, fairer trade and robust economic growth in our region. It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home.
“We look forward to further deepening our close economic ties when this new agreement enters into force. (LINK)
Published on Sep 28, 2018
The big hoopla is that the divorce rate has declined among Millennials. University of Maryland professor Philip Cohen found that from 2008 to 2016, the U.S. divorce rate dropped by 18%. Around the globe, the number of unmarried women has been rising The numbers seem to point to women and men are not simply postponing marriage, but forgoing it altogether. Indeed, in the USA, the trend is moving to just live together. Many are saying it is just cheap to live that way these days.
Among women in their late 30s or early 40s, 29% are unmarried in Denmark. In Italy where the family has been more of a tradition, still, 18% remain unmarried in the same group. Cross over the Mediterranean to Lebanon and the number is 22% and move to Libya and it jumps to 32%. In the United States, one in six women remains unmarried in her early forties or almost 17% which is a record high with the same level in Japan.
What is happening is the age difference is rising to return more to the historical norm. Boys just mature slower than girls and as the younger girls give up on the same age boys, the marriages are lasting longer as they did before Holywood turned lust into love at first sight. Curious to watch how the trends are changing back to historical norms. Prior to the Industrial Revolution and socialism, the boy first had to get the house, farm, and the chickens and they approach a girls father. There was none of this stuff oh we just love each other and that’s enough. Socialism seems to have enabled the age gap to collapse on the assumption that the state was there so you did not have to prove you could support a family.
Some birds seem to practice the same trend. The male has to build a next and make it look attractive to attract a female.
President Trump heads to Wheeling, West Virginia for a MAGA campaign rally ahead of the 2018 mid-term election. The venue is the Wesbanco Arena, in Wheeling.
A recent poll of West Virginia voters shows 58 percent think Brett Kavanaugh should be confirmed to the Supreme Court following his testimony to the Senate Judiciary Committee last Thursday. This puts massive pressure on Democrat Senator Joe Manchin. The same poll shows that 33 percent of Virginia voters are looking at Manchin’s vote on Kavanaugh as a key factor on whether or not they would re-elect him. Manchin is currently in a competitive race against Republican candidate Patrick Morrisey,
Anticipated start time for President Trump is 7:00pm Eastern.
RSBN Livestream Link – Fox News Livestream Link – Alternate Livestream Link
Someone tipped-off Trudeau. An emergency series of last-minute phone calls surrounding the U.S-Mexico trade agreement has temporarily postponed releasing key details of the Mexico-U.S. trade agreement. Within the granules of this most important economic negotiation, we’ll likely find out exactly why POTUS was highly preoccupied Friday.
According to Reuters reporting Justin from Canada called Mexico’s President-elect Andres Manuel Lopez Obrador Thursday and asked him to use his influence to call the U.S. government requesting a delay so the Canadians could put a last-minute proposal into the mix.
Apparently someone finally informed Justin from Canada a bilateral trade strategy was hours away from being deployed. Important Note: Justin did not call current Mexican President Peña Niéto, the call was made to President-Elect Lopez Obrador.
(Via Reuters) […] Lopez Obrador told reporters in Mexico City that Trudeau asked him during a Thursday phone call “to intervene and call on the U.S. government to reach an agreement” with Canada. “We agreed to that.”
He said that regardless of the outcome with Canada the language of the agreement between Washington and Mexico City was now final. “We are not going to re-open the negotiation. That you can be sure of,” Lopez Obrador said. (read more)
As with all financial media reporting on trade you have to read “through” the pro-globalist, pro-Wall Street, spin to see the more important background picture. Wall Street, the U.S. Chamber of Commerce and the multinationals -together with Justin- are going bananas trying to retain maximum pressure against the White House in this U.S-Mexico deal.
It is almost guaranteed that someone in Canada realized a Mexican NAFTA withdrawal was only hours away.
The Mexico-first approach crushes the political strategy of Justin and Chrystia Freeland to blame President Trump for the trade collapse. Hence, the desperate call to AMLO to gauge strategic risk, and request time for Justin to reformulate plans.
The resulting postponement, a similar strategic approach evident within the Kavanaugh delay, gives the progressive Canadians 48 hours to formulate a counter-attack.
Stay tuned…
[…] Canada’s Liberal government says it does not feel bound by the latest NAFTA deadline, and it repeated on Friday that it would not bow to U.S. pressure to sign a quick deal.
“We are in a very tough negotiation with the United States over NAFTA … there is no deadline on this. As far as we are concerned we want a deal that is good for Canadians and that’s the bottom line,” Transport Minister Marc Garneau told reporters in Ottawa. (read full article)
The New York Times has a similar ‘resistance’ spin on the events as presented; with their customary opposition to horrible President Trump, and a disingenuous value afforded toward U.S. CoC President Tom Donohue and the Wall Street position.
(Via New York Times) […] Mexico’s economy minister, Ildefonso Guajardo, said late Friday that Canada and the United States would be involved in an intense effort over the weekend to reach an agreement over the remaining issues dividing them.
“For the first time there is real effort” on both sides, he said. “In the next 48 hours, we will know whether we will have a trilateral text or whether we will have to release the text of a bilateral understanding” which could then be adapted to incorporate Canada.
It is unclear whether the United States and Canada can bridge the differences that have so far stymied an agreement. And Mr. López Obrador said he had no plans to reopen the trade pact that Mexico, under the leadership of Enrique Peña Nieto, had reached last month. (read NYT full article)
President Donald Trump meets with Chilean President Piera in the oval office. In addition to bilateral questions, President Trump gave some remarks about supreme court nominee Brett Kavanaugh.
.
[Transcript] – 2:00 P.M. EDT – PRESIDENT PIERA: How many times this house has been burned?
PRESIDENT TRUMP: One time.
PRESIDENT PIERA: Only one?
PRESIDENT TRUMP: A long time ago. A long, long time ago.
Well, thank you very much. We are with the very distinguished President of Chile. And he and I are going to be discussing a lot of things, including trade, and military, and military protection, and purchases. We’re — we have a lot of things on our plate.
It’s one of the most beautiful countries in the world. It’s also got one of the great coastlines in the world. No — there’s no lacking of coast. There’s no lacking of ocean.
So it’s an honor to be with the President, and thank you very much for being at the Oval Office with us.
PRESIDENT PIERA: Thank you, President Trump.
PRESIDENT TRUMP: Thank you. Please.
PRESIDENT PIERA: Well, I’m very pleased to lead this great country with President Trump. There are so many issues that we have to discuss because Chile and the United States are likeminded countries. We share the most important things, which are values — democracy, human rights, freedom.
And, for me, it’s a great opportunity to talk to President Trump about important issues for the world, for the U.S., and for Chile.
PRESIDENT TRUMP: Show them your flag that you showed.
PRESIDENT PIERA: And, by the way, Chile is at the heart of the United States. (Laughter.) And the best proof of this: This is the American flag, and there is a Chilean flag right at the very heart of the U.S. flag. (Laughter.)
PRESIDENT TRUMP: That’s great.
Q Mr. President, any comment on the request for a delay from Senator Flake? He wants a one-week delay so the FBI can investigate further.
PRESIDENT TRUMP: Well, I’m going to let the Senate handle that. They’ll make their decisions, and they’ve been doing a good job, and very professional.
I’m just hearing a little bit about it because I’ve been with the President of Chile, and we’re talking about some very important subjects. But I’m sure it will all be very good.
I guess the vote was a positive vote, but there seems to be a delay. I’ll learn more about it as the day goes on. And I just heard about it, because we were together.
Q And what did you think of Dr. Ford’s testimony when you heard that?
PRESIDENT TRUMP: I thought her testimony was very compelling, and she looks like a very fine woman to me. A very fine woman.
And I thought that Brett’s testimony, likewise, was really something that I haven’t seen before. It was incredible. It was an incredible moment, I think, in the history of our country.
But certainly she was a very credible witness. She was very good in many respects.
And I think that — I don’t know if this is going to continue onward or are we going to get a vote. But again, I’m here, so I’m not out there watching because I can’t be, out of great respect — although maybe we’ll go watch together. Okay? We’ll watch together.
But I think it will work out very well for the country. I just want it to work out well for the country. If that happens, I’m happy.
Q Have you thought at all about a replacement for Judge Kavanaugh?
PRESIDENT TRUMP: Not even a little bit. Not even a little bit.
Q What your message to Murkowski and Collins — the holdouts right now?
PRESIDENT TRUMP: I have no message. I mean, they have to do what they think is right. There’s no message whatsoever. They have to do what they think is right. They have to be comfortable with themselves, and I’m sure that’s what they are.
Q Would you be willing to reopen the background investigation into Kavanaugh?
PRESIDENT TRUMP: I’m going to rely on all of the people, including Senator Grassley, who is doing a very good job. And that’ll be a decision that they’re going to make. And I suspect they’ll be making some decision soon, whether to take a vote or to do whatever else they want to do.
I will be totally reliant on what Senator Grassley and the group decides to do. Okay?
Q Are you going to talk about Venezuela today?
PRESIDENT TRUMP: We’re going to talk about Venezuela, absolutely. I was waiting for that question. (Laughter.) We will be discussing Venezuela, among many other things. A lot of interesting things going on in that part of the world.
But Chile is really something special. If you look at what they’ve done, how far they’ve come. You look at how well run the country is. So I just want to say it’s an honor to be with you. A great honor. Thank you very much.
Thank you very much everybody. Thank you. Thank you.
Q If they delay, will — a delay is okay?
PRESIDENT TRUMP: Whatever they think is necessary is okay. Yeah.
Q Are you still willing to meet with President Maduro? Still willing to meet with President Maduro?
PRESIDENT TRUMP: We’ll see what happens. I know he wants to meet with us. We’ll see what happens. Venezuela is a mess, and it’s got to be cleaned up. And people have to be taken care of.
Thank you very much.
Q Anything on Rosenstein, sir?
PRESIDENT TRUMP: No. No.
I am bringing this back for a third time, due to what I consider to be an assault on men in America today. How is this relevant?
Your sons are obviously going to have to be well prepared young men to deal with the increased threat from lunatic feminists who think destroying men is how you handle your objections to the politics of the day. I may later write an update, specifically addressing today’s problems. I hope this helps and encourages some of you.
Originally published in 2014. I thought it worth a re-do, in honor of more grandsons being born and joining the family. This comment was from the last update.
Lately on Facebook, several versions of what it means to be a little boy’s mama have been circulating. They are touching, and bring a smile to your face, a touch of nostalgia, and perhaps even a tear to your eye. You are exhorted to have lots of energy, be ready to put up with bloody noses and reptiles in the house, see movies you don’t like, and various other true things.
We mamas of little boys have a tough job. We deserve a little smile as we ponder our muddy offspring. As I type this, my just recently de-mudded grandson is graciously allowing me a few minutes to recoup from a busy day of swimming, mud bogging, dump trucking, and hugging stinky dogs. His sister hung right in there with him. So, yes, we even need these moments that tell our hearts that our efforts are special moments that will unfold in a story book life for our beloved sons.
However, we also need some harder truths, and now is a good time to take a look at that. So, here’s my version, for what it’s worth.
You might think, because I write this, that I am an expert and my sons are jet setting billionaires who are in a third world country fixing the unfixable problems. Nope, they are just normal guys, who have normal lives with some really wonderful successes like those grandkids temporarily being angels, and great jobs, fun hobbies, or devotion to family and friends. Being there when family needs help, rooting for the right football team (Go Irish!), sitting by hospital beds, listening to troubles. They have tried and failed, tried and succeeded, fallen and got back up too many times to count.
I’d like to begin by looking at where I want to end up. Since this is my post, I am of course going to give you my opinion of what a man should be, without a single apology or whimper of remorse.
Your little boy should grow into this wonderful creature called a man, and to express that manhood as God meant it to be, indeed, as God wrote it into the very cells of his creation, he is called to reflect the image of his Creator, to walk to paths directed and laid out for him by that Creator, to reach down inside himself to bring forth the manly strength written in those muscles made to be so much bigger and stronger than yours, his mother, to rise to the challenges and overcome the trials that life will throw his way, and in the doing, he is going to get banged up and bloody, discouraged and tired.
If he’s going to make that long hard journey, he needs to be training for it, and that starts with you, from the moment you fall in love with his unfocused but intent gaze, swaddled in his first blanket.
Now that we know where we want to go, how do we get there? Listen closely, this first part matters more than anything else. Your little boy needs this more than anything else you can ever in his whole life give him.
Choose his father well.
Choose. Choose. Don’t let your little boy be a biological accident whose sperm donor is on the street dealing drugs. Pick a man, a man who can guide that little guy down life’s rocky road.
Pick a man who will be just as likely to spend the night in the emergency room with him as he would to play catch. Pick a man who will lead that little boy in righteous ways, and teach him the values of a man, the strength of a man, the love and compassion of a man.
Fatherhood needs participation, not just chromosomes. There are some truly wonderful single mothers out there, and God has given them the grace to overcome and to do what it takes to raise good and decent young men, but a boy really needs a father to teach him to be a man.
Before we get off the subject of dads, if you did your job and picked a man, a real man, he’s going to teach your son some things that you don’t like. Some things that really make you uncomfortable and hurt. No, I’m not talking about how to belch on demand and the fart jokes. I’m talking about how to be strong, how to get up when you fall, how to be disciplined and tough, how to be a winner.
He isn’t going to be a participation ribbon guy. He’s going to push your son to excel. He’s going to lean on him when he’s lazy. He’s going to give him really tough goals. He’s going to look him in the eye and ask him if he wants to stick with that story. He’s going to teach him things you think might be dangerous, like how to ride a bike sooner than you think he’s ready, climb a tree, how to use the lawnmower before you think he’s big enough, how to use power tools, how to run a race, 
fix a car, answer for his mistakes. Maybe even how to be a soldier or a sailor, how to go off to war.
His punishments are going to be tough, his standards high. It will take a lot more to impress him, really impress him, than it will you.
He won’t worry so much about your son’s fragile feelings, because he knows that true worth comes from that confident manliness that cannot come from participation medals and common core teaching, or lots of mom’s hugs.
Get out of his way. Let him teach your son the tough, shoe leather side of being a man. He will do it with his example, but he has to do it with his standards, his discipline, his tough, tough love, his demands, and yes, even his punishments.
Help him. Work with him. Unite with him. The little boy God gave you both needs both of you to make him whole. Each assume your role, and the battles you face will be faced with the unstoppable power of a family, a home, stability and strength. Give him those most priceless gifts, and you will give the world a man to be reckoned with.
Now that the foundation is out of the way, there isn’t a lot to add. Just the common sense stuff.
Your overwhelming instinct is to love and protect, and fortunately for us mamas, little boys really need that. But we need to learn when they don’t need it too. They need to learn to be independent. They need to learn by doing, they have lots of curiosity. Let them use it.
They also have lots of natural aggression. Part of growing into manhood is learning to control it. The world has too many bullies. One thing I learned from my husband and father in law, two world-class dads, is that an aggressive boy needs physical activity and demanding work, not just play. He needs responsibility from a pretty early age. He needs accountability.
As he grows, teach him to work, teach him the value of a job well done. Don’t do it for him, and for his sake, make him do it over when he’s shoddy. Teach him by example that there is no substitute for a good job.
Don’t be the mama who always says “My son wouldn’t do that.” Yes, he will. He will do some really rotten things, and you are not going to want to believe it. Dad will usually be way ahead of you in knowing that yes, he deliberately spray painted Mr. Young’s new shed, or broke Sarah’s new doll. Or snuck out the window, wrecked the car because he was speeding, or was drinking at a party when you thought he was at a friend’s house.
Look with your eyes and not your preconceived ideas, because, yes, he will do that. Now, make him pay the piper. Never ever stand between him and the repercussions of his actions.
Teach him honesty, and realize he’s learning it by your example and not your words. When you give a cashier back the five too much she gave you, he’s learning. When you call in sick to work, then go shopping, he’s learning. Don’t wonder why he lies to you tomorrow.
In all things, homework, chores, sports, trouble with bullies, help him, but don’t do it for him. Stand beside him, not in front of him. Your job is to always remember that one day, you won’t be there, and that is as it should be.
Teach him to respect women by being a respectable woman. Boy, is this your job. First of all, way back in step one, picking his dad, you gave him a big jump on this because you picked a man who admires and respects women, and is teaching your son to do the same. But you are teaching him the why and the how. You are teaching him the worth of a good woman, and to look beneath the cheerleader outfit to see the cruelty or the compassion. He might not be the best at that at fourteen, but keep the faith. The essence of the man you and his dad are forming will whip those hormones. Most of the time.
Teach him that life is hard, and sometimes bad things happen, even when you do the right thing. Teach him to be ready for the bad, and just deal with it. Teach him to face adversity with confidence and yes, cheer.
Teach him to keep going, even when he wants to give up. You do this by steps. Finish the task you started. No, I won’t come pick you up on Mount Rainy because it’s raining. Start baseball season with the Bruisers and find out you don’t like it or they lose a lot? Tough, you gotta finish it. He wrecked his car and wants yours? Is that best, or should you teach him that there are repercussions, and he might have to take a bus, or be without a car for a date?
Finally, lead him to faith. Be a Godly example, give him the opportunity to know the wonder of God’s love for him, ground his world in the strength that only comes from his Creator, and you have given him every gift you want for him as a parent. Without this, he has no chance. With it, he cannot be defeated. It will be a gift he must accept or reject, as they all are, but without your example to follow, your belief to ground himself in, he will flounder and search for value and good. Give him a moral conscience, and an unending source of strength and love, and then watch him become the man he was meant to be, reflecting the perfect love from which he came.
If he sees you in prayer when times are tough, and also when things are well, he sees the source of your strength, and the foundation of your joy. If your answers come from your faith, your belief system instead of just your desires, he learns to look for truth and rightness. If you lead him into church on Sundays, he will find answers that exist no other place on Earth. He will find Heaven above.
Then one day, when the time comes, he will come home to you, holding the hand of a beautiful young lady and speak the best words in the world.
“We’re going to have a baby.” This, ladies, is the best reward in the whole wide world for being a mother.
Every quarter, CNBC surveys its Global CFO Council to gain insight into the status of the current global economy. The CFO council is comprised of Chief Financial Officers of the world’s largest 113 companies that combined are worth nearly $5 trillion. Interestingly the council is comprised almost exclusively of multinational corporations who are generally opposed to President Trump’s MAGAnomic trade reset.
However, in the third quarter survey the CFO’s note that only one economy in the world is currently improving, the United States.
The multinational CFO’s (Wall Street) generally rail against President Trump’s trade and tariff proposals in almost all financial media. These are the same multinationals who decry President Trump’s deployment of tariffs as a trade negotiation strategy. However, when it comes to actually quantifying the growth rate of the global regions covered, they admit the U.S. is where the current and future growth is most expansive.
As Investors Business Daily notes:
[…] The fact that the U.S. appears to be pulling away from the rest of the world hasn’t gone unnoticed, at least not in the White House. At a speech last week at the Economic Club of New York, Trump’s top economic adviser, Larry Kudlow, said “the U.S. is the hottest economy in the world today. We’re crushing it.”
But wait a minute.
For some time now, the “experts” have been telling us that the U.S. was just riding a global growth wave. The improved economy here had nothing to do with Trump’s deregulatory efforts, or his pro-growth tax cuts, or the sharp uptick in optimism once he got elected.
[…] Now it appears that the U.S. economy is accelerating, while the rest of the world is in neutral. (read more)
Not only is the U.S economy the place to be for investment opportunity and the highest rates of return; but all sectors of the economic base are expanding and generating overall GDP growth.
Orders for durable goods reflect the underlying businesses are predicting future growth, long-term growth. Trucks and heavy transportation equipment orders continue growing by double-digits (currently 13%). That is a massive investment internal to the underlying U.S. economic expansion.
Moments ago, at the conclusion of the nomination hearing of Judge Brett Kavanaugh, President Trump shares his perspective via twitter:
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