Quantcast

Transition Leader Howard Lutnick Explains President Trump Economic Policy, Tariffs and Energy Inflation

Jumpin’ ju-ju bones, I think we may have found Wilbur Ross’s replacement.  In this segment on CNBC Trump transition team leader Howard Lutnick, explains simple MAGAnomics to the panel.  Make this guy both Commerce Secretary and Chairman of the National Economic Council in 2025!

Starting with an explanation of his role within the Trump 2025 transition team, Lutnick then walks through the MAGAnomic principles enmeshed in President Trump’s economic policies.  Mr. Lutnick begins the policy part by outlining how energy restrictions are driving inflation through higher costs of goods. Yes. Yes and Yes.

Then Lutnick shifts to talking about tariffs and is one of the only advisors outside the 2017 team (Robert Lighthizer, Wilbur Ross) who factually references ending the insufferable “Marshal Plan.”  Again, yes, yes and YES.

Howard Lutnick gets it. The essential core of MAGAnomics.  Drive down the cost of goods through expanded energy development, then leverage reciprocity in tariffs to end the exfiltration of wealth.  Then cut out regulation and unleash American enterprise. This is the way to reverse this insufferable economic trajectory that creates a “service driven economy.”   The entire interview is well worth watching:

.

A bonus video below.

(more…)

Compare and Contrast – Trump and Harris Both Asked the Exact Same Question

President Trump and his opponent Kamala Harris were both asked the exact same question about what they could immediately do with policy to improve the economic status of Americans.

This provides a very specific compare and contrast opportunity.   Kamala Harris delivers a strange, disconnected and unintelligible word salad in her response, never answering the question.  President Trump gives three specific and immediate tax policy changes to benefit three specific groups of working Americans.  WATCH the first question and answer of both videos:

.

Watch the first answer from Kamala Harris below.

(more…)

Sunday Talks: JD Vance -vs- NBC on Trump Tax Policy

Vice Presidential nominee Senator JD Vance, appears on Meet the Press for an argumentative debate on Trump policy.  On the issue of tariffs, this might have been JD Vance’s first opportunity to set the record straight about what tariffs did in the first Trump administration.

Unfortunately, because JD Vance did not have the data to refute the NBC talking points, he missed an opportunity to set the record straight.  Tariffs did not raise prices and consumers did not pay tariff rates in the first Trump administration.  Factually, the exact opposite happened.  Prices dropped when Trump tariffs were put into place, the reasons are explained after the interview. WATCH:  

Our own analysis of U.S. consumer prices in 2019 showed that prices of imported goods actually declined despite the tariffs. A recent report from CPA takes a look at the impact to Chinese exports to the U.S.  [SEE DATA HERE] Bottom line, the tariffs worked to reduce Chinese imports.

CPA – […] Since the Section 301 tariffs were imposed, the share of imports from China has steadily declined from 21.6% in 2017 the year prior to the tariffs to 16.5%, a decline of 5.1%. No other country has lost as much share of total U.S. import penetration over the past five years.

In terms of total import value, Mexico gained the most from the tariffs, adding $110.8 billion. Vietnam gained the second most in import value by $78.4 billion and by far gained the most of total share of U.S. imports. In 2017, Vietnam accounted for about 2% of U.S. imports at $46.5 billion. In 2022, the U.S. imported $127.5 billion in goods from Vietnam, and the share of the total nearly doubled to 3.9%. Other countries in Southeast Asia such as Thailand, Cambodia, and Indonesia all saw significant increases in their value of imports by the U.S. (read more)

With the 2024 election here, it is worth revisiting the actual tariff outcome to American consumers in order to dispel the popular myths about tariffs raising prices here at home.  This might be the cited data you want to bookmark for later reference.

It was the Fourth Quarter of 2019…..

(more…)

Congressman Jamie Raskin Seriously and Strategically Promises to Incite “A Civil War” by Blocking Trump from Office if President Trump Wins in November

Putting some context data together before a video that should concern everyone.

Representative Jamie Raskin’s (U-MD) son, Tommy Raskin killed himself right after the 2020 election at the age of 25.  Congressman Raskin was diagnosed with cancer in 2022, diffuse large B-cell lymphoma.

Raskin is an angry bitter man of intemperate disposition, the archetype nihilist.  As hate consumes him, his physical persona changes with the manifestation of evil enterprise.  While his cancer is in reported remission, I would anticipate it to resurface in early 2025, after Baal has finished using him.

All of that said, Raskin is pledging to purposefully trigger a civil war within the United States if Donald Trump wins the 2024 presidential election.  {Direct Rumble Link Here} Raskin is prepared to work with Democrats and block any certification of any vote that has President Trump declared the winner.

(more…)

Carl Higbie Exposes the DNC’s “Smurfing” Scandal – $200 Million in Irregular Donations, Disguised to Appear Like Small Donors

Newsmax Carl Higbie has done a deep dive on FEC reports using the “number of donations” as the datapoint to track.  What he discovered about donations to Act Blue might surprise the people assigned to the contributions. {Direct Rumble LinkWATCH BELOW

“This is verifiable data. Whoever is choreographing this volume is doing it in such small donations because they thought those wouldn’t get flagged by watchdogs and FEC officials. The way this is brought to our attention was not by the dollar amount, but rather by the number of donations per person. That’s where they messed up. But my question is, if these people whose names are on the FEC report are not making these donations, who is? Where’s the money coming from?”

“We can have all the voter ID laws we want, but if hundreds of millions of dollars are flowing in to influence our elections and we don’t know from whom, not only is it a gross violation of election laws, it’s a huge national security risk. When I tell you Democrats are a machine, this is the kind of stuff I’m talking about.”

Carl Higbie has the receipts.  WATCH:

.

(more…)

FLASHBACK – The Hedge

You don’t have to always agree with the datapoints, but don’t discount them either. As I wrote at the time.

The JP Morgan 5 Year Strategic Plan 2024 – Considering that CEO Jamie Dimon would review this type of document and give direct approval, and considering the recent statements of political strategic advocacy by the CEO of JPMorgan {SEE HERE and SEE HERE}, this 2024 -albeit familiar sounding- prediction, was, well, rather curious:

[SOURCE, pdf – page 39]

Subtle… like a brick through a window. 

Who are the MAGA Technocrats recommending for Treasury Secretary again?

(more…)

A Massive Wave of IT Outages Created by Microsoft System Failures is Traced to Technical Issues With Crowdstrike

A wave of IT outages created massive problems around the world today hitting several industries hard.  Airlines seeing thousands of flight cancellations, internal and external tech systems affecting hospital banks, stock exchanges and other institutions have also been affected.  Within many operational systems, Microsoft-based computers ceased to work.

The issue was traced to Crowdstrike, a familiar tech industry name for those who remember the DNC “data breech” and the subsequent Russian conspiracy theories / accusations it spawned {GO DEEP}.

ABC NEWS – […] CrowdStrike — an American cybersecurity technology firm that provides cloud workload protection, threat intelligence and cyberattack response services — said the outage is not a due to a cyber attack; it was caused by a software issue that has been identified and a fix had been deployed.

Some systems can be fixed and back up and running immediately — but for others it “could be hours, could be a bit longer” before everything is back up and running, CrowdStrike CEO George Kurtz told CNBC in an on-air interview. For some customers, it will take more than rebooting systems to work through fixes.

“CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. Mac and Linux hosts are not impacted,” Kurtz said earlier Friday.

(more…)

Hungarian Prime Minster Viktor Orban Visits Donald Trump in Mar-a-Lago, DC Deep State, Biden and McConnell Not Happy

During the NATO summit in DC Hungarian Prime Minister Viktor Orban said, “at today’s NATO Summit, I will reaffirm that Hungary will not participate in the NATO-Ukraine mission, but we will continue to meet our objectives in the development of Hungarian defense capabilities, thus strengthening our Alliance.”

Orban has been traveling the globe, establishing a coalition of partners and setting up the baseline for a peace agreement between Russia and Ukraine.  However, the U.S. Intelligence Community and all those downstream politicians who work at the behest of the global crisis agents, are not happy about the peace strategy at all.

PM Orban went to Ukraine to speak to President Zelenskyy, then went to Russia to speak to President Putin, then went to China to speak to Chairman Xi, then headed to Washington DC to meet with President Biden, then last night went to see the key that would bring it all together, President Donald Trump.

Orban then Tweeted a video saying, “We continued the peace mission in Mar-a-Lago. President @realDonaldTrump has proved during his presidency that he is a man of peace. He will do it again!”  The collective UniParty inside Washington DC is having absolute fits about it.

It’s not just Joe Biden and the current administration who are apoplectic about Prime Minister Orban’s peace effort.  Senate Minority Leader Mitch McConnell is furious and vowing to stamp out the ideology of the Republican network who dare challenge the current geopolitical efforts.

The republican senator from Kentucky said defending the blood-soaked efforts of the New World Order is his priority. This is going to be my top priority. No question about it,” McConnell said in an interview this week. McConnell added that he might even start to hold court with reporters in the halls of the Senate. “This is the most important thing going on in the world right now,” the Kentucky Republican said.” [LINK]

Mitch McConnell is furious about the efforts to bring about a peace agreement between Russia and Ukraine and he is vowing to confront any Republican who doesn’t acquiesce to the foreign policy program of the UniParty.  McConnell’s intents are in full support of the U.S. Intelligence Community and the Biden administration.  However, McConnell has an ally in Republican House Speaker Mike Johnson.

As noted, “Speaker Mike Johnson, who held up Ukraine aid for months despite public pressure from McConnell, is now starting to sound a lot like the Kentucky Republican when talking about national security, especially Ukraine.”  For Speaker Johnson, Zelenskyy’s ability to maintain access to the U.S. treasury is a top priority.  The money must keep flowing in order to keep the conflict alive.

(more…)

Based Orange – President Trump Will Speak at Bitcoin 2024 Conference

President Trump will speak at the Bitcoin 2024 conference in Nashville, Tennessee.

[SOURCE]

I never expected to travel the world of a dollar-based central bank digital currency implementation.  Two years ago, I was surprised by the construct of the Western sanctions against Russia; however, my curiosity was driven more by the outcome of the intended economic isolation, and not necessarily about the granular construct of the sanctions themselves.

What surprised me initially, was the conversation that never took place in the financial sector.  For the first time in history the U.S Dollar was being used as a weapon, not only against Russia, but against any Western corporation who did not comply with the demands of the U.S government.  I began highlighting the issue MARCH 5, 2022.

(more…)

Ukraine: NYT Outlines American-Led Mercenary Group Killing Russian POWs, Zelenskyy Outlines Russian Troop Advancements

It’s odd how no one in the American media seems to ask how Obama and Biden went from a friendly “reset” with Russia in 2009 to full geopolitical antagonism in 2011.

♦ What exactly led to the complete reversal of intent?

I digress…. However, having some deeper understanding of the current status of the conflict, I also find it curious how the New York Tims can just seemingly bury the lead in their story about how U.S-led military “mercenary” soldiers are on the ground fighting, while seemingly forgetting their prior outline about how the CIA was conducting all the military operations in the same area. Not funny, that.

In Ukraine, Killings of Surrendering Russians Divide an American-Led Unit” – […] Hours after a battle in eastern Ukraine in August, a wounded and unarmed Russian soldier crawled through a nearly destroyed trench, seeking help from his captors, a unit of international volunteers led by an American.

Caspar Grosse, a German medic in that unit, said he saw the soldier plead for medical attention in a mix of broken English and Russian. It was dusk. A team member looked for bandages.

That is when, Mr. Grosse said, a fellow soldier hobbled over and fired his weapon into the Russian soldier’s torso. He slumped, still breathing. Another soldier fired — “just shot him in the head,” Mr. Grosse recalled in an interview.

(more…)