A generally good big-picture overview here from the folks at Promethean PAC.

“In this midweek update, Susan Kokinda argues that Kevin Warsh’s Senate Banking Committee testimony—calling for “regime change” at the Federal Reserve and blaming inflation on excessive money creation—signals a broader shift aligned with the Trump administration against what she describes as an Imperial, British-led free-trade order.

Kokinda highlights Warsh’s criticism of post-2008 quantitative easing as benefiting financial asset holders while many Americans own no assets, and contrasts this with Democrats’ focus on divestment issues. Kokinda ties Warsh’s stance to Treasury Secretary Scott Bessent’s emphasis on raising living standards over bailing out markets and to Trump’s comments on Fed independence. She then points to Trump’s April 20 Defense Production Act action citing market failures in energy infrastructure, including transformer shortages, as national-security threats, linking this to energy independence and Iran, and contrasts it with Mark Carney’s globalist posture and references to the War of 1812.”

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White House Press Secretary Karoline Leavitt held an impromptu press availability today at the White House.  The primary focus of the questioning relates to the status in Iran.

Mrs Leavitt notes there is an internal political fracture within Iran between hardline religious extremists and moderate religious extremists, and President Trump is giving those two factions space to come to a unified negotiation approach.  WATCH:

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Consider the amount of money involved in the trilateral USMCA trade agreement.  It’s not just about trade and commerce between the USA, Canada and Mexico; the totality of the equation is derived from all of the third-party nations who trade into the North American trade bloc.  There are tens-of-trillions at stake.

As we have outlined for several years the trilateral trade agreement has several material flaws.  With the U.S. economy as the primary consumption economy, both Mexico and Canada derive significant benefits within the USMCA.  Additionally, both Canada and Mexico leverage their unique positions to gain economic benefit from third parties who want to use either country as a backdoor into the U.S. market.

President Trump has long wanted to eliminate the trilateral trade deal in favor of two more controllable bilateral deals, one with Mexico and one with Canada.  In large measure this approach is specifically to end the exploitation by third parties.  President Trump also noted in his discussions with Canadian Prime Minister Mark Carney that the primary function of the USMCA was to eliminate NAFTA.

Keep this in mind.  The purpose of the USMCA was to eliminate NAFTA.

Now we enter the phase of the USMCA where President Trump can exit the agreement or modify the core foundation of the agreement.

For the past fourteen months Mexico has been modifying their trade and economic policy in anticipation of a USMCA change. However, for the past fourteen months Canada has been combative against President Trump, stoking anger toward Trump, and the government of Canada has been openly proclaiming their intention to economically and politically fight and defeat President Trump.

Again, remember the scale of the money involved here.  Additionally, Canada doesn’t have an organic economy if they cannot exploit their market access.  If Trump restricts third party exploitation, Canada loses massive amounts of money.  This is the baseline for Canada’s reluctance to open up the USMCA for renegotiation; they cannot lose their third-party loophole or else they are really in a bad place.

This sets the stage for trillion-dollar interests to frame opposition not only toward President Trump, but also toward any of his economic team who are in alignment with the renegotiation of the USMCA.  Commerce Secretary Howard Lutnick is chief among those targets along with U.S. Trade Representative Jamieson Greer.

Commerce Secretary Howard Lutnick outlines the issue in the first part of this recent discussion. WATCH:

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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.

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

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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 †

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The DOJ indictment of the Southern Poverty Law Center for wire fraud, money laundering and false statements [Indictment Here], confirms long-held suspicions that Democrat-aligned activist groups have been financing racism, hate mobs and political violence.

For all intents and purposes, the SPLC is a leftist/progressive activist organization who bills itself as anti-racism, yet this same SPLC organization was using cut outs to fund the Ku Klux Klan, the United Klans of America, Unite the Right, National Alliance, National Socialist Movement, Aryan Nations affiliated, Sadistic Souls Motorcycle Club, National Socialist Party of America (American Nazi Party) and American Front.

In essence, Democrats funding extremist groups, just so they can label them as right-wing.

For years we have suspected that financing for civic unrest and racist endeavors was coming from the far-left, today’s indictment proves that very point. Democrats fuel chaos and finance the organizations they label as Facist or racist. Democrats funding the Unite the Right chaos in Charlottesville, then Democrats construct a false narrative about Unite the Right supporting republicans.  Antifa, Occupy Wall Street, Anarchists, Black Lives Matter, Dream Defenders, etc. etc.

The DOJ indictment identifies the SPLC as one organization doing this: but really, it’s an entire network.  Keep digging into this issue, specifically this type of approach, and we will likely find the financial mechanism of most toxic American division – Democrats.

(VIA DOJ) – A Grand Jury in Montgomery, Alabama, today returned an indictment charging the Southern Poverty Law Center (SPLC) with 11 counts of wire fraud, false statements to a federally insured bank, and conspiracy to commit concealment money laundering.  The United States Attorney’s Office for the Middle District of Alabama Northern Division filed two forfeiture actions to recover alleged proceeds of the organization’s fraud scheme. The Federal Bureau of Investigation (FBI) investigated this case with assistance from the Internal Revenue Service Criminal Investigation (IRS-CI).

“The SPLC is manufacturing racism to justify its existence,” said Acting Attorney General Todd Blanche. “Using donor money to allegedly profit off Klansmen cannot go unchecked. This Department of Justice will hold the SPLC and every other fraudulent organization operating with the same deceptive playbook accountable. No entity is above the law.”

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The issue inside Iran is essentially: 50,000 extremist clerics and IRGC members are holding 90 million people as hostages to a fanatical religious regime.  Hopefully the economic oil embargo will eventually begin to fray this Gordian Knot.

In the last two weeks, President Trump has forcefully and publicly been pushing back against the aggressive posture of Israel.  While the Arab partners in the region are aligned with Trump on the issue of “extremism” and radicalism, thereby supporting the confrontation with Iranian religious extremists – those same regional partners also consider Israeli conduct in Gaza and Lebanon as religious “extremism.”

STATEMENT OF PRESIDENT DONALD J. TRUMP:

“Based on the fact that the Government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan, we have been asked to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal. I have therefore directed our Military to continue the Blockade and, in all other respects, remain ready and able, and will therefore extend the Ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other.” ~ President DONALD J. TRUMP

The totality of the intelligence chatter must be overwhelming.

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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.

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

(more…)

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 †

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Promethean Action – Barbara Boyd previews renewed Iran peace negotiations in Islamabad ahead of a ceasefire deadline, as Iran allegedly challenged a U.S. naval blockade, lost a ship, and again closed the Strait of Hormuz, with Trump warning “No More Mr. Nice guy” if peace fails and arguing Iran is bleeding $500 million a day. She shows a City of London–linked propaganda network is working to prolong the war and damage Trump before the midterms by targeting Vice President JD Vance, citing a Financial Times column by Edward Luce and post–Munich Security Conference smears portraying Vance as pro-Putin.

Boyd outlines three layers of Iran-linked messaging—Press TV in London, NIAC in Washington, and the “Iran Experts Initiative” infiltration of U.S. think tanks—and says justice is coming via prosecutions led by Joseph DiGenova, with Kash Patel promising arrests, while Vance leads talks and a National Fraud Task Force.

PRESIDENT TRUMP – “I’m winning a War, BY A LOT, things are going very well, our Military has been amazing and, if you read the Fake News, like The Failing New York Times, the absolutely horrendous and disgusting Wall Street Journal, or the now almost defunct, fortunately, Washington Post, you would actually think we are losing the War.

The enemy is confused, because they get these same Media “reports,” and yet they realize their Navy has been completely wiped out, their Air Force has gone onto darker runways, they have no Anti Missile or Anti Airplane Equipment, their former leaders are mostly gone (This has been, in addition to everything else, Regime Change!), and perhaps, most important of all, THE BLOCKADE, which we will not take off until there is a “DEAL,” is absolutely destroying Iran. They are losing $500 Million Dollars a day, an unsustainable number, even in the short run. The Anti-America Fake News Media is rooting for Iran to win, but it’s not going to happen, because I’m in charge! Just like these unpatriotic people used every ounce of their limited strength to fight me in the Election, they continue to do so with Iran. The result will be the same — It already is!” ~ President DONALD J. TRUMP

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