Predictable – Adam Schiff and Elijah Cummings Announce Next Set of Witnesses…


Following the transparently predictable, pre-planned and organized schedule toward Pelosi’s insufferable impeachment scheme, Chairmen Adam Schiff (HPSCI) and Elijah Cummings (WH Oversight) announce they will be calling additional Trump officials and family members for testimony.

Remember, the testimony of Michael Cohen is the cornerstone of the effort.  Cohen’s  testimony was organized immediately following the 2018 mid-term election.  This nonsense is all sequenced by design:

(The Hill) The House Intelligence Committee plans to question Felix Sater, the longtime business associate of President Trump involved in efforts to build a Trump property in Moscow, in a public hearing in March, committee Chairman Adam Schiff (D-Calif.) told reporters Thursday.

Schiff said the open hearing with Sater is scheduled for March 14 and would focus on the Trump Moscow discussions. (read more)

Additionally:

(Pelosi Rules)

(VIA CNN) House Oversight Chair Elijah Cummings on Thursday outlined plans for his committee to seek interviews with close Trump associates and family members following a blockbuster public hearing featuring President Donald Trump’s former attorney Michael Cohen.

Cummings told CNN that five or six House committees will investigate all the allegations that emerged from Cohen’s testimony.

Asked if his committee would focus on Trump’s role in the hush-money scandal, the Maryland Democrat said: “Probably.”

Cummings told reporters that his committee will reach out to individuals named repeatedly during Wednesday’s hearing for interviews, saying his panel will comb through the transcript of the hours-long hearing to “figure out who we want to talk to and we’ll bring them in.” (read more)

Remember also that Pelosi changed the rules and responsibilities of House committees specifically to target the White House.  The former “House Government Oversight and Reform Committee” was even structurally changed to narrow oversight. Now it ONLYlooks at the White House; the rest of government oversight has been entirely abandoned.

Obviously this approach is unprecedented. However, as with everything that has happened thus far, this level of resistance continues to raise political confrontation into uncharted territory.

(pdf source – Speaker Pelosi Rules)

Yes, you read that correctly… Chairman Elijah Cummings is now in charge of  ‘White House Oversight Committee’ with responsibility for: “Oversight Over the Executive Office of the President”.  This sets up the system for Cummings to target President Trump, his family, and all members of the executive branch as they relate to specific White House functions.

These people are bananas.

They are predictable, but they’re still bananas.

The way to defeat the Pelosi/Schumer impeachment scheme is to expose the cornerstone of the political fraud the scheme relies upon.

All of this is carefully designed.  None of this is organic.  All of the participants have networked contacts acting as intermediaries (like Lawfare) to provide arms-length plausible deniability to the larger political scheme.  These plans and schemes are all professional Democrats spend time thinking and talking about.  This is what they do. This is all they do.  This is their purpose in life; nothing else matters.

Additionally within the new House Rules Pelosi unveiled last December, HPSCI Chairman Adam Schiff has until April 15th, 2019, to organize his summer hearing schedule for attacks against the White House.  Speaker Pelosi hasn’t tried to hide the plan; heck, she’s published it for all to see.

The structural impeachment schedule will ultimately lead to House Judiciary Chairman Jerry Nadler.  Professional political Democrats would not be using “impeachment” in the constitutional sense of the process (high crimes and misdemeanors); but rather weaponizing the process –as a tool itself– to: •target the executive office; •diminish the presidency (“isolate”/”marginalize”, Alinsky rules); •and position themselves for 2020.

Chairman Nadler will begin specifically focused hearings sometime in late April or May 2019.  If they stay committed to the timeline, and so far they are right on cue, the House impeachment vote will be scheduled for sometime in the early/mid fall of this year.

Following their plan, this gives Democrats and the media around six months +/- to build an overwhelming political argument against President Trump; and, with the help of media, create such political controversy that Senate Republicans (Decepticon Caucus) will be showcasing pearl-clutching anxiety into the senate impeachment trial.

Fortunately there are signals beginning to surface that indicate at least some members of congress are aware of the insufferable scheme and beginning to get out in front of it.  Representative Jim Jordan leads the charge:

Embedded video

Rep. Jim Jordan

@Jim_Jordan

“What did you talk to Mr. Schiff about?”

Cohen: “I spoke to Mr. Schiff about topics that were going to be raised at the upcoming hearing.”

“Woah. Not just what time to show up? Actually what you’re going to talk about?”

33.5K people are talking about this

The best defense is a good offense.

The republicans might be in the minority position but they have a distinct advantage.  We have the opposition’s playbook in front of us…. we know what they are going to do; we know what the sequence of plays is; and we know generally the timeline they will be using…  That’s valuable information.  So use it !

Reference Information:

 

President Trump Surprises Troops During Stop at Elmendorf AFB, Alaska…


En route to the White House from Hanoi, Vietnam, Air-Force One stopped in Alaska for refueling.  During the stopover President Trump delivered remarks to U.S. troops stationed at Elmendorf AFB.

President Trump was greeted by Alaska Governor Mike Dunleavy who accompanied the president to a base hangar where U.S. troops were gathered.

CEA Chairman Kevin Hassett Discusses GDP Growth…


White House Council of Economic Advisers Chair Kevin Hassett discusses the U.S. economy’s 2.6 percent growth in the fourth quarter, and the outlook for the U.S. economy through the rest of 2019.

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Notice how most of the financial pundits are focusing on what the “global economy” needs; specifically what the EU and China need to do to gain economic growth.  From that position, the U.S. trade reset is adverse to their financial interest; those financial interests are driven by Wall Street not Main Street.

Economic nationalists who understand the concept of ‘America First’ focus on what the USA economy needs, and do not accept a position that the U.S. should acquiesce our position to benefit the economic needs of other nations.  That’s the primary difference.

Few understand the MAGAnomic reset and what was predicted to happen in the space between disconnecting a Wall Street economic engine (globalism and multinationals) and restarting a Main Street economic engine (nationalism/America-First).  In 2016 CTH explained where we would be today.

President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; however, many have been visible for a long time – some even before the election victory in November ’16.

♦ When U.S. banks were allowed to merge their investment divisions with their commercial banking operations (the removal of Glass Stegal) something changed on Wall Street.

Companies who are evaluated based on their financial results, profits and losses, remained in their traditional role as traded stocks on the U.S. Stock Market and were evaluated accordingly. However, over time investment instruments -which are secondary to actual company results- created a sub-set within Wall Street that detached from actual bottom line company results.

The resulting secondary financial market system was essentially ‘investment markets’. Both ordinary company stocks and the investment market stocks operate on the same stock exchanges. But the underlying valuation is tied to entirely different metrics.

Financial products were developed (as investment instruments) that are essentially wagers or bets on the outcomes of actual companies traded on Wall Street. Those bets/wagers form the hedge markets and are [essentially] people trading on expectations of performance. The “derivatives market” is the ‘betting system’.

♦Ford Motor Company (only chosen as a commonly known entity) has a stock valuation based on their actual company performance in the market of manufacturing and consumer purchasing of their product. However, there can be thousands of financial instruments wagering on the actual outcome of their performance.

There are two initial bets on these outcomes that form the basis for Hedge-fund activity. Bet ‘A’ that Ford hits a profit number, or bet ‘B’ that they don’t. There are financial instruments created to place each wager. [The wagers form the derivatives] But it doesn’t stop there.

Additionally, more financial products are created that bet on the outcomes of the A/B bets. A secondary financial product might find two sides betting on both A outcome and B outcome.

Party C bets the “A” bet is accurate, and party D bets against the A bet. Party E bets the “B” bet is accurate, and party F bets against the B. If it stopped there we would only have six total participants. But it doesn’t stop there, it goes on and on and on…

The outcome of the bets forms the basis for the tenuous investment markets. The important part to understand is that the investment funds are not necessarily attached to the original company stock, they are now attached to the outcome of bet(s). Hence an inherent disconnect is created.

Subsequently, if the actual stock doesn’t meet it’s expected P-n-L outcome (if the company actually doesn’t do well), and if the financial investment was betting against the outcome, the value of the investment actually goes up. The company performance and the investment bets on the outcome of that performance are two entirely different aspects of the stock market. [Hence two metrics.]

♦Understanding the disconnect between an actual company on the stock market, and the bets for and against that company stock, helps to understand what can happen when fiscal policy is geared toward the underlying company (Main Street MAGAnomics), and not toward the bets therein (Investment Class).

The U.S. stock markets’ overall value can increase with Main Street policy, and yet the investment class can simultaneously decrease in value even though the company(ies) in the stock market is/are doing better. This detachment is critical to understand because the ‘real economy’ is based on the company, the ‘paper economy’ is based on the financial investment instruments betting on the company.

Trillions can be lost in investment instruments, and yet the overall stock market -as valued by company operations/profits- can increase.

Here’s the critical part – Conversely, there are now classes of companies on the U.S. stock exchange that never make a dime in profit, yet the value of the company increases.

This dynamic is possible because the financial investment bets are not connected to the bottom line profit. (Examples include Tesla Motors, Amazon and a host of internet stocks like Facebook and Twitter.) It is this investment group of companies that stands to lose the most if/when the underlying system of betting on them stops or slows.

Specifically due to most recent U.S. fiscal policy, modern multinational banks, including all of the investment products therein, are more closely attached to this investment system on Wall Street. It stands to reason they are at greater risk of financial losses overall with a shift in economic policy.

That financial and economic risk is the basic reason behind Trump and Mnuchin putting a protective, secondary and parallel, banking system in place for Main Street.

Big multinational banks can suffer big losses from their investments, and yet the Main Street economy can continue growing, and have access to capital, uninterrupted.

Bottom Line: U.S. companies who have actual connection to a growing U.S. economy can succeed; based on the advantages of the new economic environment and MAGA policy, specifically in the areas of manufacturing, trade and the ancillary benefactors.

Meanwhile U.S. investment assets (multinational investment portfolios) that are disconnected from the actual results of those benefiting U.S. companies, and as a consequence also disconnected from the U.S. economic expansion, can simultaneously drop in value even though the U.S. economy is thriving.

NEC Chairman Larry Kudlow Discusses Status of Economy, 4th Quarter GDP Result, China Trade…


National Economic Council Director Larry Kudlow appears on CNBC to discuss the latest releases of economic stats and the on-going trade talks between the U.S. and China.  Kudlow notes the U.S. and China are making progress specifically due to USTR Robert Lighthizer.  Interesting interview.

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Nuance and team subtlety are important here. Larry Kudlow is a loyal soldier, no question, but his economic leaning is toward trade outcomes that benefit Wall Street… Robert Lighthizer is a fierce battle-hardened trade expert, with an outlook that is multi-generational toward Main Street.

Listen to Lighthizer talk about the economic future for his grandkids in his congressional testimony yesterday and you’ll see what I mean. NO COMPROMISE with China.  Lighthizer is prepared to fight all of Main Street’s enemies, including congress.

Big GOP Donors Say 2020 Trump Campaign Has No Plan to Win…Them


Published on Feb 27, 2019

SUBSCRIBED 121K

Politico reports that big GOP donors complain the 2020 Trump reelection campaign has no plan to win them, or for that matter, to win several Rust Belt states. Can the President really “soar to reelection” on the strength of his record without the major establishment givers and bundlers? Bill Whittle Now is a production of the Members at http://BillWhittle.com

Cohen & His Allegations Against Trump


While historically there have been three major events that altered political history, everyone on the left are cheering Cohen for what they hope will be the fourth. The first was the Supreme Court decision in the “Dred Scott v. Sandford ” case which led to the founding of the Republican Party and ultimately to the American Civil War holding that blacks were effectively property. Then there were the “Army McCarthy Hearings,” which contributed to the downfall of Communist-hunter Joe McCarthy showing he just made up stuff. Then the final event was the Watergate hearing before the US Senate – the beginning of the end of the Nixon era.

Cohen testified that he had been in the room when Donald Trump telephoned during the election campaign Roger Stone who then told Trump that Julian Assange of Wikileaks had told him that he would soon publish emails that would harm Hillary Clinton. Cohen stated that Trump’s reaction was: “Would not that be great.” But the allegations that these were obtained came after that fact and was asserted by Democrats who merely said that it appeared to be Russians who hacked the emails. That is really nothing explosive.

The next bombshell was when Cohen testified that on behalf of Donald Trump, he had paid hush money to porn actress Stormy Daniels and a Playboy model so that the American public would not learn about the affairs that Trump had entertained with these two women. Under US law, such payments are considered illegal campaign contributions which is really a stretch and appears to be manufactured by prosecutors for political purposes. Cohen stated that Trump paid back the hush money in installments when he was president – not before so that cannot be construed as a campaign contribution after the fact.

Nevertheless, to pay a bribe to someone to keep quiet that comes from their personal account and not campaign funds raised from the public hardly seems to be a crime. This is a completely new theory of law and if I were Trump I would file for a Declaratory Judgment. Merely that Cohen pleads guilty to this theory and personal tax evasion does not make it a crime. Since Cohen has pleaded guilty and is sentenced to 3 years in prison, he should not be walking around free. Anyone else would have been taken into custody at sentencing. Clearly, there is a backdoor deal going on here in New York.

The final political statement was Michael Cohen lied to Congress that Donald Trump had business with Russia. In fact, Trump, while conducting his election campaign was busy executing a lucrative real estate deal in Moscow. Nonetheless,  that deal turned out to be nothing. Cohen then claimed that Trump knew he was lying to Congress, by concedes he did not order him to lie.

Michael Cohen calls President Trump a racist, con man, and cheat during his opening statement before the House Oversight Committee. Throwing in the term “racist” is clearly a word selected for political purposes. Cohen says Trump overstates his worth for loans and understands it for taxes. There is not a single public company that I know of who does not practice those allegations. Even HR Block promises to make sure you pay the least tax. That is the role of an accountant. This too seems crafted to create headlines for 2020.

Therefore, nothing that Cohen actually testified to is a crime and it is more designed to try to ensure Trump does not win in 2020. Cohen should be in jail right now. He is walking around like a dog on a leash for prosecutors trying to take down a seating president.

The time line is seriously flawed. For Stone to even say that Wikileaks is about to publish emails on Hillary is not a crime and there are many people who knew what was coming. That does not link Trump to Putin or shows that Trump directed Putin to get Hillary’s emails.

This appears to be more of the Deep State hard at work but in the process, they are undermining the entire confidence in government. The mere statement that Trump is a racist who thinks blacks are stupid is clearly made for political reaction to harm Trump in 2020. This man was his attorney and his testimony demonstrates that the oath of lawyers and the Attorney client-privilege has been seriously broken. Anyone would never hire him in such a role. He just committed career-suicide.

No Deal – President Trump Holds a Press Conference Prior to Departing Hanoi, Vietnam…


Despite several positive and remarkable comments from Kim Jong-un, President Donald Trump and the North Korean Chairman could not come to a substantive agreement after two days of negotiations on the process to denuclearize the Korean peninsula.

During a press conference prior to departing Hanoi, Vietnam, President Trump cited two issues: (1) A North Korean demand for the immediate removal of all multinational economic sanctions; and (2) The unwillingness of North Korea to be fulsome about their missile and nuclear locations. WATCH:

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Additional Thoughts:

In the backdrop of the Hanoi summit, and as U.S-China trade negotiations continue, the Trump administration suspended the implementation of the March 1st tariff increase on Chinese goods.  Unfortunately, attaining this goal may have empowered a cunning Chairman Xi Jinping to influence the demands of DPRK Chairman Kim.

A covert influence connection will become clear if President Trump now takes an even more firm trade and tariff position toward China. We’ll keep watching closely.

Chairman Xi may have won this round, but we can expect an angered and strategic President Trump to hit back twice as hard.

In this dance with the dragon President Trump cannot simply reverse the tariff suspension, that approach would be too obvious.  Instead my suggestion would be to look for signs of the U.S. reviewing Chinese violations of the North Korea sanctions.

A key indicator will be if over the next several weeks, we see the U.S. Treasury and/or Commerce Department beginning to point out those who are violating the sanctions against North Korea.

It’s an open secret that China is the largest violator; but President Trump has been giving everyone a pass due to progress on both the China trade and DPRK nuclear talks.

With a set-back in the overall process, and with China playing games, we might just see a renewed focus on U.S. sanction enforcement, specifically targeting China.

What we will not see is President Trump acquiescing to China on trade and economics simply to get Kim Jong-un away from Beijing’s clutches.  That massive ransom payment falls too heavily, and too exclusively, on the United States – while regional allies gain the benefits of peace on the back of a lessened U.S. economy.

That sh!t deal wouldn’t pass the MAGAnomic ‘America First’ test; not even close.

That exact conversation is what President Trump likely will be explaining to South Korean President Moon Jae-in (the Asian Obama), and Japanese Prime Minister Shinzo Abe on the flight home.  THAT EXACT CONVERSATION!

*UPDATE* Talks End With No Deal – Second Half / Day Two: Trump-Kim Summit, Hanoi Vietnam…


Update from the White House:

Statement from the Press Secretary Regarding the Hanoi Summit:

“President Donald J. Trump of the United States and Chairman Kim Jong Un of the State Affairs Commission of the Democratic People’s Republic of Korea had very good and constructive meetings in Hanoi, Vietnam, on February 27-28, 2019. The two leaders discussed various ways to advance denuclearization and economic driven concepts. No agreement was reached at this time, but their respective teams look forward to meeting in the future.”

As the Summit concludes with no agreement, President Trump will be holding a press conference shortly.

WH Livestream Link – Alternate Livestream Link – Alternate Livestream Link

President Donald Trump and Chairman Kim Jong-un held extended one-on-one and small group meetings on day two of their Hanoi summit.  The schedule below may no longer be accurate (but the sequence should be roughly correct, maybe).

Vietnam is 12 hours ahead of U.S. Eastern Time. Most of the substantive public activities,  including a joint signing ceremony and POTUS Trump press conference, will take place early Thursday morning U.S. time.   Again, due to extended substantive Trump-Kim discussions, the schedule is now fluid… adjust expectations accordingly.

ABC Livestream Link – ARIRANG News Livestream

*Tentative* Schedule and Livestream(s) Below:

Sarah Sanders informs media the negotiations are ongoing but will wrap up at Metropole in next 30 to 45 minutes and Potus will return to Marriott. Press conference moved up from 4 p.m. to start at 2 p.m. She declined to say whether there would still be a joint signing ceremony but appears unlikely.

  • 2:40am EST / 2:40pm (local) – President Trump departs Sofitel Legend Metropole Hanoi en route to the JW Marriott Hotel Hanoi. Hanoi, Vietnam
  • 3:00am EST / 3:00pm (local) – President Trump arrives at the JW Marriott Hotel Hanoi. Hanoi, Vietnam
  • 3:50am EST / 3:50 pm (local) – President Trump participates in a press conference. Hanoi, Vietnam
  • 5:15am EST / 5:15 pm (local) – President Trump departs JW Marriott Hotel Hanoi en route to Noi Bai International Airport. Hanoi, Vietnam
  • 5:55am EST / 5:55pm (local) – President Trump arrives at Noi Bai International Airport Hanoi, Vietnam
  • 6:05am EST / 6:05pm (local) – President Trump departs Hanoi, Vietnam, en route to Joint Base Andrews, Noi Bai International Airport

Livestream:

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  • 1:10am EST Friday Morning – President Donald Trump arrives at Joint Base Andrews
  • 1:20am EST Friday Morning – President Donald Trump departs Joint Base Andrews en route to The White House, Joint Base Andrews
  • 1:30am EST Friday Morning – President Trump arrives at The White House

 

Epic Bilat Moment During Hanoi Summit – Kim: “If I’m not willing to denuclearize I won’t be here right now”….


We can somewhat throw out the schedule; President Trump and Chairman Kim held a much longer one-on-one, and informal small group discussion….. Culminating in this historic moment with the media present and the formal bilat about to begin.

First, watch Chairman Kim Jong-un take questions from U.S. media.  That’s historic. Second, and more importantly, listen carefully to the answers: MUST WATCH

U.S. Journalist: “Chairman Kim are you willing to denuclearize?”

Chairman Kim Jong-un: “If I’m not willing to do that, I won’t be here right now.”

POTUS Trump injected: “That might be the best answer you’ve ever heard.”

Rough translations of exchanges:

Another U.S. reporter asked if Chairman Kim was willing to take concrete steps to denuclearize?  Chairman Kim replied: “That’s what we are discussing right now.”

President Trump was asked if there would be a political statement to end the war?

Trump response: “No matter what happens we’ll ultimately have a deal that’s really good for Chairman Kim and his country. That’s where it’s all leading. It doesn’t mean we’re doing it in one day, in one meeting. I really believe with this great leadership North Korea, I really believe it’s going to be very successful.”

Chairman Kim was asked if he was ready for the US to have a liaison office in Pyongyang. A north Korean aide appeared to attempt to cut off questions but POTUS Trump interjected: “that’s actually an interesting question. I would like to actually like to hear that answer. “

Chairman Kim replied: “That is something that is welcomeable.”

President Trump said the idea was a “great thing.”

Chairman Kim then seemed to be done with questions: “If you’ll kindly give us more time, one minute.”

 

Senator Lindsey Graham Discusses President Trump and Chairman Kim Hanoi Summit..


Senator Lindsey Graham discusses his recent conversation with President Trump surrounding the Hanoi summit with DPRK Chairman Kim Jong-un; and the political schemes of Democrats to undercut the peace objectives of the administration.