Kathy Griffin Gets Axed From Every Scheduled Performance Venue…


After appearing with high profile attorney Lisa Bloom to claim her victimhood status the last remaining venue, Uptown Theatre in Napa California, has now cancelled Kathy Griffin’s show.

According to TMZ: Kathy Griffin’s offensive against Donald Trump Friday apparently fell on deaf ears … because the only remaining venue that would allow her to perform has just pulled the plug.

(FULL STORY HERE)

Politics might be downstream from pop culture; but pop culture is downstream from economics.   By stating her intention to target the 11-year-old son of President Donald Trump for her attacks, Kathy Griffin has made herself a dangerously toxic financial risk.

Unanimous Agreement – UN Security Council Expands Sanctions on North Korea…


Showcasing a unique aspect of the President Trump common sense approach toward coalition building, today the United Nations security council voted unanimously, in public, to increase sanctions against North Korea.   Yes, ‘unanimously’.

China and Russia voted in alliance with the permanent security council members the U.S., France and the United Kingdom to support increased sanctions.  They voted in alignment publicly.  Don’t look for the anti-Trump media to make note of this critical point.

(Via Reuters) […] Adding names to the U.N. blacklist – a global travel ban and asset freeze – was the minimum sanctions measures the Security Council could have taken and comes after five weeks of negotiations between Washington and Beijing.

“The Security Council is sending a clear message to North Korea today – stop firing ballistic missiles or face the consequences,” Haley said.

The resolution, adopted unanimously by the 15-member council, sanctions four entities, including the Koryo Bank and Strategic Rocket Force of the Korean People’s Army, and 14 people, including the head of Pyongyang’s overseas spying operations.

North Korea’s Koryo Bank handles overseas transactions for Office 38, a shadowy body that manages the private slush funds of the North Korean leadership, according to a South Korean government database.

‘CRITICAL WINDOW’ – The measures adopted on Friday could have been agreed by the council’s North Korea sanctions committee behind closed doors, but Washington convinced China to back a public vote on the blacklist, amplifying the council’s unhappiness with Pyongyang’s defiance of a U.N. ban on ballistic missile launches.

The U.N. Security Council first imposed sanctions on Pyongyang in 2006 over its ballistic missile and nuclear programs and has ratcheted up the measures in response to five nuclear tests and two long-range missile launches. North Korea is threatening a sixth nuclear test.

“There is a critical window of opportunity for the nuclear issue of the peninsula to come back to the right track of seeking a settlement through dialogue and negotiations,” Chinese U.N. Ambassador Liu Jieyi told the council. “It is incumbent on all parties concerned to exercise restraint and to do more to help ease the tension and build mutual trust.”

He again proposed a simultaneous freeze of North Korea’s nuclear and missile programs and South Korea and the United States’ joint military exercises. Russia said the suggestion merits “serious consideration.”

Haley said: “We want a negotiated solution, but North Korea must fulfill its basic obligations by first stopping all ballistic missile launches and nuclear weapons testing and taking concrete steps towards getting rid of its nuclear weapons program.”

U.S. Secretary of State Rex Tillerson told the Security Council on April 28 that it needed to act before North Korea does. Just hours after the meeting – chaired by Tillerson during his first visit to the United Nations as the top U.S. diplomat – Pyongyang launched yet another ballistic missile.  (read more)

CNN Refuses to Confess Its Bias


It is very interesting that CNN has fallen from the number one news station to dead last. Their bias is so outrageous and they have ceased being a valid news provider crossing over into yellow journalism to the point they are now desperately trying to take down trump perhaps just to get their ratings back.

According to the ratings, CNN has basically committed suicide. They have lost credibility and indeed become fake news.

A NAFTA Conversation With Commerce Secretary Wilbur Ross…


Commerce Secretary Wilbur “Wilburine” Ross sits down for a big picture conversation to discuss the upcoming NAFTA (North American Free Trade Agreement) trade renegotiation.

This interview is well worth the time to understand the dynamics and objectives of the Trump administration.

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We are incredibly blessed to have Wilbur Ross, Steven Mnuchin (Treasury) and Robert Lighthizer (U.S. Trade Rep.) as the leading edge of the new America-First economic revitalization.

These U.S. policy titans of trade, finance and commerce are the most comprehensively well-skilled people we have had assembled in our lifetime.

Also, semi related, there’s some confusion about the leading economic indicators, specifically the messaging, coming from the Bureau of Labor and Statistics.

We repeat a familiar refrain for emphasis: This new economic dimension is uncharted territory. The BLS and the larger FED policy groups have no accurate way to present economic data that runs in conflict to their reference points.

Additionally, there’s a political angle within the federal bureaucracy that is partisan and inherently predisposed to undermining the policy outcomes of the Trump administration.

You will notice several incongruities in most of the BLS financial reports.  Cue today’s audio/visual demonstration within a single article:

  • …”Roughly 180,000 new jobs each month are needed to keep up with demand in the labor force.”
  • …”U.S. employers added 138,000 net new jobs to the rolls last month.”
  • …”the jobless rate, also declined to 4.3% from 4.4%, hitting the lowest level since 2001.”
  • (link)

See the incongruity?

If it takes 180,000 jobs each month to retain stasis, and the economy only added 138,000 jobs, then how does the unemployment rate decrease from 4.4 to 4.3%?

The FED and BLS are unable to reconcile what is happening within the economy because they have no reference point for what happens within the time and space between the two economic engines (Wall Street and Main Street).

Just like their “rate of inflation” measures do not include high consumables (food, fuel and energy prices), so too does their employment measure miss any jobs disconnected from actual GDP outputs.

The ADP payroll stats (actual payrolls spent), do a better job accounting for those who are involved in the pre-economy manufacturing work force.  Think of it like a house being built.

During the construction period of a home all of the workers are being paid but there is no end product to provide a valuation.  After the home is built it has an immediate value that becomes part of the GDP.

President Trump’s economic policies (and the investments therein) are in the building stage, currently not part of the larger economic valuation.

…”Average hourly earnings, a closely-watched metric, rose 0.2% during the month, as expected, putting year-over-year wage gains at 2.5%. The figures help reinforce the idea consumer spending, and therefore overall economic growth, will see a bounce.”…

According to BLS stats, wages increased May ’16 -vs- May ’17 by 2.5%.  In my opinion this is significantly underestimated.  Wage rate growth is much higher on ADP payrolls, but yet unrecorded because the end product created by the worker is not yet recorded in the economy.

Last point, and I mean this will all sincerity… THANK YOU for voting for President Donald Trump. No-one else understood; no-one else was even close to understanding what was needed; and no-one else could have, or would have, assembled the economic team we have leading our national economy.

Every single positive economic outcome for you, your family, your children and your grandchildren is directly and specifically due to your vote for President Trump.

Thank You just doesn’t seem to convey the scope of appreciation.

Truly.

It Begins – German Auto Makers Fear Losing Competitive Advantage Over U.S…


For those following along over the past two years this will not come as a surprise. European manufacturers understand the entire foundation for the Paris Treaty was about economics, economic advantages and the transfer of economic strength away from the U.S., not climate.  Specifically for Germany the outlook is especially troubling.

First, Germany will be the primary EU country to fill the financial void from the U.K. leaving the EU (Brexit); that financial hole is approximately €15 billion per year.  Secondly, Germany will be faced with having to renegotiate trade deals with the U.S. while they remain encumbered with the regulatory burden of the Paris treaty, while the U.S. negotiators are not.  This is a large advantage for Team America.

As such, today we see and immediate reaction. German auto manufacturers announce they are faced with losing a competitive advantage over the U.S. in the global market, and will now need to reassess their domestic production and manufacturing standards:

REUTERS – Germany’s powerful car industry said Europe would need to reassess its environmental standards to remain competitive after the United States said it would withdraw from the Paris climate pact.

President Donald Trump said on Thursday he would withdraw the United States from the landmark 2015 global agreement to fight climate change, drawing anger and condemnation from world leaders and heads of industry.

“The regrettable announcement by the USA makes it inevitable that Europe must facilitate a cost efficient and economically feasible climate policy to remain internationally competitive,” Matthias Wissmann, president of the German auto industry lobby group VDA, said in a statement on Friday.

“The preservation of our competitive position is the precondition for successful climate protection. This correlation is often underestimated,” Wissmann said, adding that the decision by the Unites States was disappointing.

The VDA said electricity and energy prices are already higher in Germany than in the United States, putting Germany at a disadvantage. (link)

Think about the underlying argument here.

Funny that.  Apparently, when push comes to economic shove the German sensibilities are connected more to their economics than to any do-gooder need to save the planet.

It won’t stop with Germany either.  Specifically by design of their negotiating teams, China and South-East Asia writ large are inoculated from the economic damage of the Paris Treaty.   The EU and the U.S. were set-up by the global financial systems to fall hardest on the economic sword of redistribution.   Other massive manufacturing growth economies did not have to meet the same level of intentional economic infliction.

Germany is merely responding to the predictable future.

We can anticipate many more industrialized nations accepting the looming financial burden and positioning themselves for the exits.  Anticipate treaty exits coming faster than a fat kid playing dodge ball.

Bottom Line:

We are no longer an American economy being led by “stupid people”…

Commerce Secretary Wilbur Ross Deconstructs Matt Lauer’s Talking Points…


Earlier today Secretary of Commerce Wilbur “Wilburine” Ross was interviewed by Today host Matt Lauer. Wilburine doesn’t suffer fools especially when they are quoting from oppositional talking points disconnected from facts.

Lauer throws the progressive talking points and Wilburine simply chews through them while reminding Lauer the Paris Treaty was about economics not climate.

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The underlying principle of the Trump Economic Team’s policy is how they plan to effectively grow the economy beyond the current 1-1.5%. Without the insufferable regulation, and with renegotiated trade deals, the baseline for economic growth jumps enormously.

This is the fundamental disconnect most financial and economic followers are missing. All current assumptions for growth are predicated on the burdensome status quo; remove those blocks and the national GDP has no upper limit. Three to four percent (or higher) growth becomes the reality.

Kathy Griffin Press Conference with Attorney Lisa Bloom…


Kathy Griffin holds a press conference in California to claim she has been horribly victimized by President Trump and the first family.  Additionally Griffin is claiming a group of “old white men” are trying to destroy her career and she is enduring bullying.

There are several emotional moments where Ms. Griffin breaks down crying as she recounts the strong possibility that her career is financially ruined, and claims 11-year-old Barron Trump is being used as a weapon against her.

There are also snippets of the press conference below.

(December Article Link)

 

Corruption was Crazy during 19th Century


QUESTION: Marty, is this perhaps the most corrupt period in political history? I find Hillary’s comments outright offensive that she counts on the press to make the people as stupid as possible. Is this the worst of the worst?

Thanks

RG

ANSWER: Hillary is really detestable. But politics was exceptionally corrupt after the Civil War because there was no real effective opposition. The political scandals were just one after the other.

The scandals were so numerous that Puck Magazine ran this cartoon picturing the Grant Administration as just a circus.

The Whiskey Ring was diverting tax money on whiskey to private accounts shared by government officials. Can you imaging you owe $100,000 in taxes and the IRS Agent says here, wire the money to my account and we will call it just $50,000.

There were too many scandals all involving corruption that was off the charts. It was literally one scandal after another. Mark Twain’s book, The Gilded Age, was  a satire of greed and political corruption in post-Civil War era in America history.

I have given up any hope on career politicians. They cannot possibly represent the people for their votes are always for sale. Republics never last because they have always turned into Oligarchies. Hillary is filthy rich, yet she has worked only for government. Nobody asks how!

Sweden Begins Drafting for its Military


The Swedish government has declared that they will begin drafting those born in 1999 for military service. This reintroduction of military conscription is being blamed on Russia’s invasion of Eastern Ukraine. In fact, it also has a lot to do with the Refugee Crisis. The draft will being as of January 1st, 2018. Sweden had military conscription until 2010, but previously only men were drafted. I know of a number of young women in the United States who were against Hillary because she demanded equal rights for women and thus she supported drafting women into the military.

Most of the 28 EU member states have abolished military conscription and that included France and Britain. Germany suspended conscription in 2011, but interestingly enough, Greece has mandatory military service for all of the age of 19 who must serve for 9 months.

New Idea for Political Reform


The Belgian Historian and author David Van Reybrouck in his book latest book, “Counter-elections”, has made a very interesting suggestion. He too has concluded that career politicians are just hopeless. It is so nice to see I am not alone. Van Reybrouck has proposed that politicians to really cannot represent the people and perhaps the solution is to draft people to be in politics by lottery. This is an interesting proposition. I would ad that anyone who takes up a position should be at the END of their career, not at the beginning or middle. In this way they bring the wisdom of experience with them and to be the Secretary of the Treasury that had to be an international fund manager rather than a domestic banker. The Secretary of War should be only someone who military service. In other words, you have to be qualified for the job.

Our greatest problem is are just lawyers from Obama and Clinton to Nixon and Kennedy. Even Franklin Roosevelt went to Columbia University Law School. He was never a good student with just average grades. He dropped out after two years. Being a lawyer does not qualify you to fill every position in government. Van Reybrouck’s idea of a lottery is very interesting. If we merge that with one-time-in-and-out, all money to run is provided by government and ABSOLUTELY no private donations along with having to have worked in that field, they we just might have a blueprint for after the Crash and Burn.