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Third Quarter GDP +1.9%, Main Street Consumer Spending Way Up, Goods: +$64B, Services +$36B, Disposable Income +4.5%…

Wait,… what? Who cancelled the recession?

Remember when the financial media and democrats were assuring everyone the U.S. economy was g.u.a.r.a.n.t.e.e.d to enter a recessionary phase? Well, apparently MAGA Trump cancelled it… with the help of millions of U.S. middle-class workers who are spending their wage increases, bigly.
The Bureau of Economic Analysis releases the third quarter (Q3) GDP growth estimate today, and the overall Q3 GDP growth is +1.9 percent. However, behind the economic growth stats the scale of U.S. Main Street strength is the real story.

[BEA pdf link – table 3]

Main Street consumer spending was up $64 billion on goods and $36 billion on services. As those who follow MAGAnomics closely will remember, the Main Street economy is founded upon middle-class spending. Strong jobs, wage growth, low taxes, low inflation, and low energy costs, means more disposable income.  Disposable income grew 4.5% in the third quarter.
The U.S. economy is strong because approximately 80% of everything produced inside our economy is consumed inside our economy. As long as the underlying jobs market stays strong, consumer spending leads to self-fulfilling economic expansion. Main Street is doing very well.
The weakness is Wall Street investment into expanded production of goods in the U.S.
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October 30th – 2019 Presidential Politics – Trump Administration Day #1014

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

trump-president-3

This thread will refresh daily and appear above the Open Discussion Thread.

President Trump Twitter @POTUS / Vice President Pence Twitter @VP

Stephanie Grisham Twitter @StephGrisham45

Wednesday October 30th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †

Devin Nunes Interview on "Spygate" and "Objective Medusa"…

HPSCI Ranking Member Devin Nunes sits down for a lengthy interview with Jan Jekielek to discuss Spygate and the House investigation of the 2016 election known as “Objective Medusa”, the committee investigation that yielded the Nunes memo.


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Doug Collins Reacts to Pelosi/Lawfare House Impeachment Inquiry Resolution…

Ranking member of the Judiciary Committee, Doug Collins, appears on Fox News with Laura Hannity to discuss the politically constructed House impeachment resolution.


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Unfortunately Fox News Continues Deliberate Misinformation…

Moments ago Fox News host Shannon Bream promoted a segment on her news program outlining the pending House ‘Impeachment Inquiry’ resolution scheduled for tomorrow.
During the broadcast segment Bream stated, falsely, that President Trump would be granted the following participatory measures as an outcome of the resolution:

(Screengrab Fox News 11:03pm EST)

This is deliberately false information.  The resolution does not convey any of the outlined measures to the Executive Branch.  Rather, as previously outlined, the resolution provides the possibility for executive branch participation -AFTER- the intelligence committee sends their report to the Judiciary Committee at some unknown future date.

You can read the resolution and truthful explanation here.

Seditious Conspiracy / Sketchy Witness – Schiff Blocks Questioning of NSC Staffer Alexander Vindman to Protect Him from Legal Exposure…

Holy smokes, this Alexander Vindman witness is very sketchy. Generally suspected of being “whistle-blower #2”, records show Vindman had numerous contacts with registered foreign agents, while a member of the National Security Council.  [FARA link – pg 4]
Additionally, it is highly likely Vindman leaked the content of presidential phone calls illegally while he was a member of the National Security Council; which explains why Adam Schiff would not permit Vindman to answer questions about who he talked to.


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The New York Times is reporting that sketchy Vindman attempted to manipulate the CIA transcripts of President Trump’s call with Ukraine President Zelenskyy to meet Vindman’s ideological interpretations. [Vindman had a hidden agenda “spying” while inside the NSC]
In an effort to bolster his very sketchy credibility; and likely in an effort to avoid the appearance of sedition; Schiff’s Lawfare staff recommended Vindman wear his military uniform to the hearing today, though Vindman never wore the uniform for his NSC job.
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Flynn Update – Judge Grants Complaining DOJ Lawyers an Opportunity to File a Reply…

Yesterday, after an extensive defense motion, Judge Emmet Sullivan canceled the November 7th hearing in the Flynn case to resolve defense issues outlining how the DOJ was willfully not producing Brady evidence that would show Flynn’s innocence.
Against a strong possibility the evidence Sidney Powell provided might result in Judge Sullivan dismissing the case, the DOJ filed a notice today requesting an opportunity to reply before Judge Sullivan deliberates on the Brady motion.  The DOJ notice (see here) is essentially the DOJ complaining about the new and overwhelming submission of evidence.
To avoid the appearance of judicial impropriety, Judge Sullivan has instructed the DOJ to file a surreply by November 1st outlining their complaints; and then gives the Flynn defense the opportunity to refute with a sur-surreply by November 4th. (video below)
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DC Court of Appeals Issues Emergency Stay Blocking Release of Grand Jury Material to HJC…

It’s a good thing the DOJ did not wait for a ruling from Judge Howell.  Instead, a three-judge panel of the DC Circuit Court of Appeals has issued an emergency administrative stay; blocking the release of the Mueller grand jury materials to the House Judiciary Committee pending the court review of the appeal from the DOJ.

The ‘stay’ suspends implementation of Judge Howell’s ruling last week until the court has the opportunity for review, and further formal motions are filed to appeal the decision.
In my humble opinion, activist judge Howell was going to wait to rule on the stay motion until after the House voted on their resolution creating the framework for their ‘impeachment inquiry. With that vote, Howell would likely have ruled against the ‘stay’ motion.   The direct move to the appeals court impedes Howell’s judicial agenda.
The appellate court ruling avoids Howell’s outcome.  Additionally, the undisclosed motive behind the House vote; to conjoin the HJC’s newly gained judicial enforcement authority, and judicial recognition of an official impeachment investigation; is somewhat softened.

Scalise and Jordan React to House Resolution Rules for Impeachment – Schiff Instructs Witnesses Not to Answer Questions…

The Pelosi, Schiff, Nadler and Lawfare impeachment scheme was further evidenced today with Lawfare lawyers Barry Berke and Norm Eisen participating in the construction of one-sided and heavily scripted rules for an ongoing ‘impeachment inquiry’.
After Jim Jordan and Steve Scalise had their first opportunity to review the rules, they held a brief presser outlining some of the ongoing manipulation by Chairman Schiff.  Jordan notes that Schiff is instructing witnesses not to answer questions put forth by minority members of the inquisition.


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