U.S. President Donald Trump and French President Emmanuel Macron hold a joint news conference at the White House celebrating the historic U.S.-France relationship and discussing ongoing issues that are priorities for both countries.
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[*take note* The closing remark by President Trump at the end of this press conference is straight out of central casting for principle centered leadership; the art of the authentic close; Wharton School CEO leadership 401; ie. ‘How to expand your influence‘.]
On June 29th, 2017, CTH drew attention to the advanced U.S. energy policy as it was being announced, and the media avoided coverage. At the time our headline was: “Stratospheric in Consequence – Trump Policy: Unleashing American Energy Independence”.
The bottom-line was simple. It was clearly visible that POTUS Trump had a plan to unleash the U.S. energy sector as part a much larger larger economic and national security strategy. The concept was so radical, and the potential ramifications so consequential, it was stunning how no financial media were putting the dots together.
Trump’s geopolitical energy strategy actually underpinned the national security interests with Russia, China, Iran and North Korea. Additionally, the same energy policy was one of the four corners of the MAGAnomic trade policy; currently becoming more visible.
Check out today’s headline from Reuters, and think about how outside-the-box thinking has brought about these results:
From the article: MOSCOW/LONDON (Reuters) – As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a record amount of crude.
Russia paired with the Organization of the Petroleum Exporting Countries last year in cutting oil output jointly by 1.8 million barrels per day (bpd), a deal they say has largely rebalanced the market and one that has helped elevate benchmark Brent prices close to four-year highs.
Now, the relatively high prices brought about by that pact, coupled with surging U.S. output, are making it harder to sell Russian, Nigerian and other oil grades in Europe, traders said.
“U.S. oil is on offer everywhere,” said a trader with a Mediterranean refiner, who regularly buys Russian and Caspian Sea crude and has recently started purchasing U.S. oil. “It puts local grades under a lot of pressure.”
U.S. oil output is expected to hit 10.7 million bpd this year, rivaling that of top producers Russia and Saudi Arabia. (more)
Yes, that article is describing exactly what you think it does. U.S. oil exports are countering the coordinated activity of OPEC and Russia. This trade strategy greatly diminishes the geopolitical influence of Russia and Iran who are dependent on oil exports to leverage policy of dependent nations.
Because economies of Russia and Iran are so heavily dependent on oil revenue to subsidize military expansion, any alternative by the U.S. reduces the militaristic ability of our geopolitical adversaries.
We noted the possible consequences in in two prior articles June 28th and June 29th 2017, in the lead-up to the Baltic Summit attended by President Trump:
2017: “Let me be clear about one crucial point. The United States will never use energy to coerce your nations, and we cannot allow others to do so,” President Trump said at a press conference flanked by European leaders. “You don’t want to have a monopoly or a monopolistic situation.” (NBC article link)
President Trump and Energy Secretary Rick Perry, together with EPA Secretary Scott Pruitt and Interior Secretary Ryan Zinke, are doing something with energy independence that was long discussed but never acted upon. Forget the Paris Climate Treaty, this Trump action on energy development is in a stratosphere thought almost unimaginable.
Together the entire cabinet has studied, formulated and instituted an executive American energy policy platform to go beyond mere energy independence, and actually start using energy resources as an export commodity for economic growth.
Pause for a moment and consider just how monumental that approach actually is; and also overlay the independent national security ramifications therein. The intensely consequential outcome is a visible representation of ‘America-First’ principles applied to deliver MAGA level shifts in the future of our nation. Massive possibilities for wealth creation at local and state levels; and simultaneous national security interests. Win – Win – Win… And yet stunningly this result is only in one sector of national security and national economics.
Lastly, not only does the U.S. go beyond energy independent into being an energy export nation…. but, also remember how GDP growth is factored?
GDP is the combined value of all U.S. goods and services, minus our imports. The less we import the less is deducted from our GDP growth. The more we export, the more we add to the GDP growth and/or offset any imports. Beyond the consequential geopolitical value, exporting oil means we gain massive domestic economic value.
This is winning BIGLY.
President Trump 2017 Speech on Energy Independence.
President Trump 2017 Roundtable Discussion on Energy Development.
President Trump 2017 Energy Discussion during Three-Seas Summit.
Good honest explanation by Senator Rand Paul and why he changed his position on supporting Mike Pompeo for Secretary of State.
French President Emmanuel Macron arrives in the United States tomorrow for the first official State Visit and State Dinner of the President Trump Administration.
In advance of the visit, the pontificating media ambassador to the DC swamp, foie gras Wallace, briefs President Macron on what horrible vulgarian affronts he may encounter:
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A bit of background color – As noted in the interview, President Macron will bring with him a gift, offering to President Donald Trump and the American people, an oak sapling taken from Bellau Wood, about 60 miles northeast of Paris in the Champagne region. The site is where a famous World War One battle took place, where the U.S. Marine Corps repelled a German offensive in the final year of the conflict almost exactly a century ago.
The sapling grew close to the so-called “Devil Dog” fountain, a spot that has become legendary within Marines ranks. It is where U.S. soldiers are said to have gathered after the battle. The “dog” in the fountain’s name refers to its spout, which resembles the head of a bull mastiff. But the nickname also stems from the German moniker “Teufelhunden”, or “devil dogs”. That term is said to have been used by the Germans to describe the U.S. Marines due to the ferocity with which the Americans fought.
As a consequence, “Devil Dog” soon became a common nickname for U.S. Marines.
Part II:
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QUESTION: At first, I thought you were just pro-Trump. But I have seen you criticize him on a number of things from trade to Syria. Do you think Trump has poisoned the well with regard to politics? What comes after him?
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ANSWER: Actually, your question is constructed upon a political fallacy. You assume that ANY politician can really change the game. Many conservatives credit Reagan for bringing down Communism. True, he talked hard and confronted Russia and applied pressure militarily. However, communism was failing. True, he yelled to tear down the Berlin Wall. But proof that this was just coincidence was the fact that China collapsed FIRST – then the Berlin Wall. Economically, you need free markets to further society. It is human ingenuity that creates progress allowing individuals to have ideas and act on them like Facebook. Centralize control by government fails in the creativity department and this is also why big corporations buy startups to get creativity they lost.
To say that Trump has poisoned the nation is a similar fallacy. The nation is HIGHLY divided and it did not matter who stood up against the career politicians – the economy is pushing the change. To blame Trump for the chaos in politics and the nation is the same mistake of attributing the fall of Communism to Reagan.
Socialism is collapsing because the system was never designed properly and politicians will always pursue their own self-interest. As pensions collapse so will socialism.
To blame Trump for the discontent is rather strange. This has been building up for decades. He is the symptom, not the cause. Reagan was also the symptom and not the cause. We have to stop throwing all the blame or credit to a head of state. Nobody can change the global trend. They are simply going to be driven by it. Merkel let the refugees in because she was criticized over her hardline position on Greece. She acted in her own self-interest to try to improve her image. She responded to the failure of the Eurozone by adding to it with the refugee crisis and then tried to force all other members to take their share of her mistake. Merkel responded simply because of the failed design of the Eurozone.
The real crisis is that people think that if they can just get rid of Trump, somehow everything will go back to the way it was. THAT will never happen. We are in a trend that will not conclude under 2032. Trump is a reaction to people getting fed-up with the endless lies of career politicians. This is by no means just in America. I am in Europe and it is getting really bad here as well. The Democrats have embattled Trump over a failed theory that Hillary lost because Putin released emails from a hack that revealed the dishonesty within the party. Nobody ever said that the emails were fake
U.S. Trade Representative Robert Lighthizer and the trade ministers from Canada and Mexico are not in Washington DC this weekend; however the trade staff from all three nations stayed in DC working to finalize agreement on NAFTA with increased urgency.
The nation pushing hardest to complete an agreement quickly is Mexico. The Mexican national election is July 1st and the soft-Marxist Andres Manuel Lopez Obrador (AM LO) has increased his lead. AM LO is now 22 points ahead of his next closest competitor. Lopez Obrador, a self-described Hugo Chavez ideologue, is guaranteed to win – and Mexico will become Venezuela 2.0 within five years.
The looming Mexican election, and the radical political departure therein, means if a deal is not made soon, there will be no deal.
Andres Manuel Lopez Obrador will likely nationalize large segments of the Mexican economy for more progressive wealth distribution…. Enter, quickly, and with a transparency in their desperation, the multinational corporations who have already invested hundreds of billions into Mexican ports, transportation infrastructure, raw material procurement contracts, manufacturing/processing and assembly facilities, and all around exploitation of NAFTA as a tariff-free, profit-driven, back-door to the U.S market…
Yes, as oft repeated, there are trillions at stake.
Despite the framing of the media, it is the multinational corporations driving the Mexican time-line now, not the current Mexican government or Mexican Economy Minister Ildefonso Guajardo.
The current heads of Mexican government are fully immersed in their overseas contingency operations; ie. finding safe homes and schools for their families -and their wealth- where stability can be more assured. It is the multinational corporations who cannot move their assets out of Mexico so easily – they are the ones driving the urgency behind the NAFTA talks.
MEXICO – The chief negotiators are scheduled to meet again Tuesday.
Ruiz said the three countries have agreed that the so-called sunset clause — proposed and pushed by the United States — will not automatically lead to the termination of NAFTA if it is not renegotiated every five years.
Instead, it will act as a review mechanism that allows a country to leave the agreement if it is not happy with the results, he said.
With respect to rules of origin as they apply to the automotive industry, probably the most important — and contentious — issue in the negotiations, analysts expect that the three countries will agree to set regional content levels between 70 and 75%.
That range is higher than the current 62.5% content level in order for a vehicle to qualify for tariff-free status but lower than the 85% the United States wanted.
“It’s not that Mexico has given in; what it has done in the face of the United States’ interests is to look for a formula that brings us closer to them,” Ruiz said.
The three countries have previously pledged to speed up the negotiations as much as possible to avoid clashing with domestic political processes.
However, the official campaign period for Mexico’s presidential election has already started and voters will go to the polls in 10 weeks.
On his way into a meeting yesterday, Guajardo told reporters “we are basically working very hard, but I think there’s still a lot of work to do.”
After the meeting, he said that the three countries will need to be flexible to get a new deal quickly, adding that it was unlikely an agreement that only focused on the auto industry would be announced because the aim of the talks is a wide-ranging agreement.
[…] a large business delegation will be present in the U.S. capital this weekend to support Mexico’s negotiating team.
“The whole team is flying . . . to be in Washington, we expect at least 150 to 200 business chamber representatives [to be there],” he said. (read more)
Mr. Rogers has solved the gun violence issue: let’s take away everyone’s guns! It’s only fair, right? WRONG. In his latest FIREWALL, host Bill Whittle takes down the childish naivete behind the gun control movement. Want even more Bill Whittle each week? Become a member at BillWhittle.com! https://www.billwhittle.com/subscribe
Multiple media outlets are now confirming the DOJ Office of Inspector General, Michael Horowitz has sent the U.S. Attorney a criminal referral over the unlawful issues which led to the firing of FBI Asst. Director Andrew McCabe.
(Via CNN) The Justice Department’s inspector general has sent a criminal referral regarding former FBI Deputy Director Andrew McCabe to the US attorney’s office in Washington, according to a source familiar with the matter. A McCabe spokesperson, the Justice Department and US attorney’s office all declined to comment. (link)
In other words, Horowitz looked across the table and said: “start here John“. The Washington Post provides more background on the referral, noting the actual submission happened “some time ago” (hint – HUBER).
(Via WaPo) The Justice Department inspector general referred its finding that former FBI Deputy Director Andrew McCabe repeatedly misled investigators who were examining a media disclosure to the top federal prosecutor in D.C. to determine whether McCabe should be charged with a crime, according to people familiar with the matter.
The referral to the D.C. U.S. Attorney’s Office occurred some time ago, after the inspector general concluded McCabe had lied to investigators or his own boss, then-FBI Director James B. Comey, on four occasions, three of them under oath. (link)
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The Trump campaign has announced a MAGA rally for Saturday April 28th in Washington, MI, the same night and time as the White House Correspondent’s Dinner 07:00 pm (EST). The rally venue is Total Sports Park, and doors open at 4pm EST.
Total Sports Park – 65665 Powell Road, Washington, MI 48095 Doors open 4:00pm and rally start time 7:00pm.
After a round of golf together earlier today President Trump joins with Vice President Mike Pence to host Prime Minister Shinzo Abe and his delegation for a working lunch between close allies. Japan is well positioned for a golden-trade-ticket. A joint press conference will follow later in the day.
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