President Trump attorney Rudy Giuliani appears on Fox News Sunday to talk about Donald Trump’s former legal counsel, Michael Cohen.

Interestingly Reuters uses the narrative from an anonymous Canadian “official” to frame an article about how global car manufacturers are coming together next week in Geneva to coordinate their strategy against the United States and President Trump.

Just let that part sink in for a moment…

Behind that context we can clearly see: 1) the economic importance of the Auto industry to the countries that are assembling; 2) their multinational corporate interest in retaining unlimited access to the U.S. market; and 3) the absolute need of all assembling corporations to find a way to keep their investments in NAFTA’s fatal flaw viable.

Who is gathering?  Canada, Mexico, the EU (ie. Germany), Japan and South Korea.

Where are they going?  To visit Geneva, Switzerland.  Why Geneva? Because that way China can attend (see Volvo/Sweden) without being on the official roster.  ::nudge, nudge:: ::wink, wink::  ::say-no-more Panda boy, say-no-more::  Additionally, Cecelia Malmström (EU Trade Minister), is the person Canada is relying upon to cover their anti-Trump position:

MEXICO CITY/OTTAWA (Reuters) – Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by U.S. President Donald Trump to impose tariffs on U.S. imports of autos and car parts, officials familiar with the talks said.

The Trump administration has come under heavy criticism from automakers, foreign governments and others as it considers tariffs of up to 25 percent, a levy critics warn will hike vehicle costs, hurting auto sales and global industry jobs.

Several auto manufacturing powers have been talking to each other in recent days about their fears and a possible coordinated response to Trump’s “Section 232” investigation, which he ordered on May 23, into whether auto imports are a threat to U.S. security, sources say.

The probe could be completed within weeks, although similar ones ordered last year that led to tariffs of 25 percent on steel and 10 percent on aluminum took about 10 months. The Commerce Department has 270 days to offer recommendations to the president after such a probe starts. He then has 90 days to act upon them.

It was not immediately clear what kind of response the countries could be looking at, although Canada, the EU and Mexico retaliated with their own tariffs after Trump imposed levies on steel and aluminum imports in March. Another option is to fight the United States at the World Trade Organization (WTO).

Deputy ministers will gather in Geneva on July 31 to hear each other’s views, a Canadian official and a Mexican official told Reuters, asking to not be named because they were not authorized to talk to the media.

“The meeting is meant to bring together major auto producing nations so we can discuss our concerns over the U.S. Department of Commerce’s Section 232 investigation of automobiles and parts,” said the Canadian government official. (read more)

Here’s where I will repeat the funniest aspect that seems continually missed by all of the international smart-set:

President Trump doesn’t care !

President Trump doesn’t care what the opinion of the Auto industry is.

President Trump is not beholden to the interests of the corporate auto industry.

President Trump doesn’t give a flip about what international leaders gather to discuss.

President Trump will do what is in the best interests of the United States and the workers within it. Period; end-of-story.  Done.

It is in the corporate and financial interests of the multinationals to retain their open-ended tariff-free access to the U.S. market by exploiting the back-door of NAFTA.  The multinational corporations have invested hundreds of billions on the supply chain and manufacturing system all using this NAFTA loophole. They have also paid hundreds-of-millions for the political policy of multiple world leaders, all to support and retain their interests therein.

Guess what?

President Trump doesn’t care.

If it is not in the best interests of the U.S., it simply will not be allowed.

The multinational corporate leaders can assemble and strategize until they are blue-in-the-face.  It matters not.

Seriously.  They might just as easily attend a Swiss pancake tossing contest.  POTUS Trump doesn’t care.  Eventually they are going to have to ask, beg, plead and grovel to retain their position.   When they accept the one constant in an ever changing universe, and finally realize the question is not “if” they will lose, but rather “how much”, then, and only then, will POTUS Trump enter the room with his golden tickets.

To get golden ticket access to the U.S. market, those multinationals are going to have to agree to President Trump’s terms.  Trump doesn’t care about their feelings; Trump doesn’t give a flip about their statements; Trump has one prism to consider any deal, negotiation or result: is it better for the United States of America?

If not, go spit.

That’s it.

Now, go make him a sandwich…

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The July 20th conversation with President Trump touched on the state of the U.S. economy; America’s trade reset; the timing of the trade reset juxtaposed against the current value of the U.S. stock market; the president’s news-making remarks about the Federal Reserve’s ongoing interest-rate hikes; and pragmatic insight behind the meeting with Vladimir Putin. Watch it, you’ll see:

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Wilbur Ross outlines the policy:

The head of the White House Council of Economic Advisers, Kevin Hassett shares his perspective on the 4.1 percent GDP growth, and the ongoing MAGAnomic America-First initiatives.   Hassett rightly points out that finished good domestic inventories dropped as an outcome of consumer purchasing outpacing manufacturing.  As more manufacturing comes on-line, the production capacity expansion leads to more GDP growth.

Remember, one of the unique attributes of the U.S. economy, thanks to the foresight of industrial titans who built it, is our internal consumption.  We are not only the worlds’ largest economy, we are the biggest self-sustaining economy in the history of the world; a massively consequential strategic advantage. Our leverage comes from nations needing access to our market; the U.S. does not necessarily need access to theirs. Therefore POTUS Trump can dictate the terms.

Last week President Trump went to Granite City, Illinois, to celebrate the re-opening of a U.S. Steelworks manufacturing facility.

If you ever had any question about how important President Trump’s Main Street economic and manufacturing policies are to U.S. workers, well, just watch this interview with a formerly laid-off Granite City steelworker.  [Dusty Keyboard Alert]:

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“We’re back”

That’s the heartbeat of America right there!

President Trump delivers a weekly address for W/E July 27th, 2018. The primary topic of immigration enforcement and support for Immigration and Customs Enforcement (ICE) is the message:

Ohio Representative Jim Jordan appears on Sean Hannity to discuss the reason he is running for Speaker of The House.

Make SoH Great Again

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Representative Jordan was also on Fox News Morning show for an expanded discussion. See below:

Against the backdrop of MAGAnomic success, many people (some young some old) are beginning to engage in questions of decades-old economic assumptions.  Consider me thrilled at the possibility of a generational economic awakening.

Toward that end, here’s another repost from 2016 to gain understanding of the fundamentals behind President Trump’s MAGAnomic policies.  God Bless Main Street!

NOVEMBER 2016 – As we all begin to filter the impact of a historic Donald Trump victory, perhaps it is important to remind ourselves what should be the primary filter for perspective..

…the economics.

For the first time in many decades the chief executive of the United States will walk into office concerned about the long-term financial stability of the United States.  For the first time ever, a titan of American Main Street is going to be in the oval office. Do not downplay the significance of this aspect. Money makes the world go ’round.

Every single global leader and politician is reviewing the U.S. election through their own domestic financial prisms. Rule #1 – Everything is about the money. Rule #2 – Everything is about the money. Rule #3 – when pondering any information broadcast by corporate media about a global Trump effect, refer back to the prior two rules.

Donald Trump is 100% pure MAIN STREET, never doubt that. Trump’s macro economic DNA outlook is compromised of American business interests at a micro-cellular level. Senate Leader Mitch McConnell et al will be dispatched immediately if he attempts to bring his big Wall Street/K-Street lobbying friends into the Trump economic equation.

For the sake of brevity, we’re going to accept that most readers here are familiar with who funds and directs Mitt Romney, Paul Ryan, Jeb Bush, John McCain, Mitch McConnell, and in larger more consequential measures – the DC UniParty legislative team in charge of U.S. Policy, ie. Wall street.

During the January 2016 South Carolina debate, and in response to Trump pointing out a necessary shift in trade position (a shift to put American interests first – a shift to stop the dependency on cheap import goods – a shift to use China’s dependency on access to our market to OUR advantage), Jeb Bush came back with an example of Boeing manufacturing.

Donald Trump, responded to Jeb’s Boeing example, and pointed out China is forcing Boeing to open a manufacturing plant in China. As would be typical from a candidate who is unfamiliar and poorly briefed on the issue, Jeb Bush looked back incredulously and said:

“C’mon man”…

There we saw it.

Right there was the disconnect.

However, almost everyone missed it.

There, in that exact moment, was the spotlight upon all that is wrong with a professional political class; globalists dependent on Wall Street best interest for their talking points.

Donald Trump was 100% correct.

But the issue is bigger.

Not only is China demanding Boeing open a plant in China, the intent of such a plant provides an opportunity to explain why Trump, and his approach, is vitally important – and time is wasting.

China is refusing to trade with (buy) Boeing products if the company does not move. Why? It’s not about putting Chinese people to work, it’s about China importing their research and development, Boeing’s production secrets, into their country so they can learn, steal and begin to manufacture their own airliners.

This is just how China works.

In time, Comac, a state-owned, Shanghai-based aerospace company will then use the production secrets they have stolen, produce their own airliners, kick out Boeing, undercut the market, and sell cheaper manufactured airplanes to the global economy.

Boeing, the great American company that Jeb Bush thinks they are, becomes yet another notch on the Asian market belt.

All of those Boeing workers, those high-wage industrial skill jobs that support the American middle class, yeah – those jobs lost. And the cycle continues.

Of course Wall Street will be invested in the cheaper Chinese aerospace manufacturing company Comac, as it emerges as a manufacturing power.

This reality within this story is a peek into the future of the fundamental disconnect between Wall Street (grows again) and Main Street (lost jobs/wages). The reality within this example is exactly what has taken place over the past three decades.

Wall Street entities like Goldman Sachs will be fine. Ted and Heidi Cruz will be fine; Jeb Bush, Marco Rubio, Nikki Haley, Carly Fiorina, Mitt Romney, John Kasich will also be fine – it’s middle America who suffers.

The economic consequence, yet again, creates disparity between those insulated by Wall Street and the rest of the U.S. This is how our current oligarchy is growing out of control.

And so they, as professional politicians, will propose solutions – their solutions. However, their solutions are actually the preferred solutions of their campaign contributors, ie. Wall Street. The same Wall Street that funds lobbyists, like the U.S. Chamber of Commerce, to set the economic legislative priorities of congress.

Meanwhile the non-import market, your visit to the grocery store, food, energy etc. sees prices increasing. This is what happens when a production economy becomes a service economy.

In 1984 a name brand polo shirt would cost around $45, a really good 26″ TV around $600 to $1,000, a decent couch $1500, and a pair of name brand sneakers around $100. However, eggs (.49), milk ($1.79 gal), and store bread (2 loaves for $1).

Electric bill $100, water bill $20, phone bill $50.

In 2016 an imported name brand polo costs around $20, a really good 42″ TV $300 to $400, a couch for $500 and a pair of sneakers $50 – All imported, all Asian, all about half of of what they cost in 1984.

However, eggs ($1.99), Milk ($4.50+), and store bread ($2+ each). All domestic products and all double or triple 1984. Electric bill $250, Water bill $100, phone bill $100+. Again domestic consumables, again double, triple or even more.

We consume and spend more on domestic goods such as food, energy, fuel, than we do purchasing imported durable goods. As a consequence, depending on lifestyle, the net out-of-pocket is essentially the same to a little more.

However, the income opportunity, the jobs, the good paying jobs, well, those are gone because the durables are no longer part of the domestic production.

To keep the unemployed pitchforks at bay, government policy (now directed by Wall Street globalists and multinational corporations) subsidize the income gap. Ergo EBT, WIC and food stamp assistance necessarily increasing.

The pitchforks are dropped, but economic independence turns to dependence. With government policy adjusted accordingly – deficits necessarily explode. Stopping those deficits would require an actual budget. There hasn’t been a federal budget since ’07…. “Omnibus”,… Sound familiar?

Yes, under Donald Trump’s proposal the cost of “durable” goods -at least those we import- will increase. Your iPhone might cost $800 instead of $600. However, the North Carolina apparel, clothing and furniture manufacturing market will have an opportunity to revitalize – and with it, jobs, people as the tailors and the custom wood furniture makers would have opportunity to thrive again with their creations.

There’s going to be a period of pain as U.S. manufacturing finds it’s footing and begins to restart. However, in the longer term, it’s a shift from “dependency” to “independence”.

Those who were fully matriculated independent adults prior to 1984 know exactly what needs to be done.

Freedom is dependent upon it.

Meanwhile, Ben Shapiro was born in 1984 and necessarily views the world through the cost of his next iPhone. Another Wall Street supporter, Ted Cruz, was thirteen.

♦ On Social Security – Unlike many candidates Donald Trump is NOT calling for rapid or wholesale changes to the current Social Security program; and there’s a very good reason why he’s the only candidate not proposing wholesale changes.

With the single caveat of “high income retirees” (over $250k annually), which Trump is open to negotiating on, candidate Trump does not consider these programs as “entitlements”. The American people pay into them, and the federal government has an obligation to fulfill the promises made upon collection.

To fully understand how Donald Trump views the solvency of Social Security, you must again understand his economic model and how it outlines growth.

The issue with Social Security, as viewed by Trump, is more of an issue with receipts and expenditures. If the aggregate U.S. economy is growing by a factor larger than the distribution needed to fulfill its entitlement obligations then no wholesale change on expenditure is needed. The focus needs to be on continued and successful economic growth.

What you will find in all of Donald Trump’s positions, is a paradigm shift he necessarily understands must take place in order to accomplish the long-term goals for the U.S. citizen as it relates to “entitlements” or “structural benefits”.

All other candidates are beginning their policy proposals with a fundamentally divergent perception of the U.S. economy. They are working with, and retaining the outlook of, a U.S. economy based on “services”; a service-based economic model.

While this economic path has been created by decades old U.S. policy, and is ultimately the only historical economic path now taught in school, Trump intends to change the course entirely.

Because so many shifts -policy nudges- have taken place in the past several decades, few academics and even fewer MSM observers, are able to understand how to get off this path and chart a better course.

Candidate Trump is proposing less dependence on foreign companies for cheap goods, (the cornerstone of a service economy) and a return to a more balanced U.S. larger economic model where the manufacturing and production base can be re-established and competitive based on American entrepreneurship and innovation.

The key words in the prior statement are “dependence” and “balanced”. When a nation has an industrial manufacturing balance within the GDP there is far less dependence on the economic activity in global markets. In essence the U.S. can sustain itself, absorb global economic fluctuations and expand itself or contract itself depending on the free market.

When there is no balance, there is no longer a free market. The free market is sacrificed in favor of dependency, whether it’s foreign oil or foreign manufacturing, the dependency outcome is essentially the same. Without balance there is an inherent loss of economic independence, and a consequential increase in economic risk.

No other economy in the world innovates like the U.S.A. Donald Trump sees this as a key advantage across all industry – including manufacturing and technology.

The benefit of cheap overseas labor, which is considered a global market disadvantage for the U.S., is offset by utilizing innovation and energy independence.

The third highest variable cost of goods beyond raw materials first, labor second, is energy. If the U.S. energy sector is unleashed -and fully developed- the manufacturing price of any given product will allow for global trade competition even with higher U.S. wage prices.

In addition the U.S. has a key strategic advantage with raw manufacturing materials such as: iron ore, coal, steel, precious metals and vast mineral assets which are needed in most new modern era manufacturing. Trump proposes we stop selling these valuable national assets to countries we compete against – they belong to the American people, they should be used for the benefit of American citizens. Period.

EXAMPLE: Currently China buys and recycles our heavy (steel) and light (aluminum) metal products (for pennies on the original manufacturing dollar) and then uses those metals to reproduce manufactured goods for sale back to the U.S. – Donald Trump is proposing we do the manufacturing ourselves with the utilization of our own resources; and we use the leverage from any sales of these raw materials in our international trade agreements.

When you combine FULL resource development (in a modern era) with with the removal of over-burdensome regulatory and compliance systems, necessarily filled with enormous bureaucratic costs, Donald Trump proposes we can lower the cost of production and be globally competitive. In essence, Trump changes the economic paradigm, and we no longer become a dependent nation relying on a service driven economy.

The cornerstone to the success of this economic turnaround is the keen capability of the U.S. worker to innovate on their own platforms. Americans, more than any country in the world, just know how to get things accomplished. Independence and self-sufficiency is part of the DNA of the larger American workforce.

In addition, an unquantifiable benefit comes from investment, where the smart money play -to get increased return on investment- becomes putting capital INTO the U.S. economy, instead of purchasing foreign stocks.

With all of the above opportunities in mind, this is how we get on the pathway to rebuilding our national infrastructure. The demand for labor increases, and as a consequence so too does the U.S. wage rate which has been stagnant (or non-existent) for the past three decades.

As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve.

More money into the U.S Treasury and less dependence on welfare/social service programs have a combined exponential impact. You gain a dollar, and have no need to spend a dollar – the saved sum is doubled. That is how the SSI and safety net programs are saved under President Trump.

When you elevate your economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.

As the GDP of the U.S. expands, so does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie, and begin thinking about how many more economic pies we can create.

Simply put, we begin to….

…..Make America Great Again !

• Donald Trump American Solutions Part I
• Donald Trump American Solutions Part II
• Donald Trump “America First” Conservative Solutions Part III
• Donald Trump “America First” Conservative Solutions Part IV

Authors note as shared in 2016: If I absolutely did not believe this economic model was doable, I would never expand the concept and place advocacy upon it. I am an absolute believer that we can, as a nation, reignite a solid manufacturing base and generate an expanding middle class.

Yes, in the short term durable goods may cost more, that’s to be expected. However, these are durable goods, not disposable goods. As consumers we may have to spend a little more on maintenance and repair to offset an increase in durable goods, but that’s a small price to pay to make the U.S. manufacturing base great again.

~ Sundance

National Economic Council Chairman Larry Kudlow appeared on Fox News to discuss the latest GDP figures from the Bureau of Economic Analysis (BEA).

Keep in mind when contemplating ‘sustainable growth’, all of the current underlying economic activity is during the phase of transition between Wall Street policy (last 30 years) and Main Street policy (Trump).  We are in the space between the two economic approaches; two engines – SEE HERE.

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How will we know when the two economic engines have crossed paths?  There is an easy answer:  Under MAGAnomic Main Street policies inflation is disconnected from FED monetary policy.  In the real economy inflation is connected to wage rates.  When inflation and wage rates reach growth equity (over two quarters), that’s when the Main Street economic engine will have caught and passed Wall Street. We’re close.  Watch.