Council of Economic Advisers Chairman Kevin Hassett appears on Fox Business news to discuss the impact of the Federal Reserve’s interest rate hikes on the Main Street economy and the state of the Wall Street stocks.
The key metric is to accept what’s happening around us. Fed rate hikes are hurting Wall Street (investment class). However, Fed activity is not yet impacting Main Street. This is because the two economic engines (Wall St. -vs- Main St.) are so far apart.
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Part Two of this interview (and expanded review) is below: (more…)
Speculation of President Trump heading to visit troops began early this morning as an overnight takeoff for Air Force-One was strongly rumored. Additionally the White House press room has been silent and POTUS Trump has been unusually quiet on his social media.
In a statement posted on Twitter, White House Press Secretary Sarah Sanders confirmed the visit in a tweet shortly after Reuters shared the photos of the president in Iraq.
President Trump and the First Lady traveled to Iraq late on Christmas night to visit with our troops and Senior Military leadership to thank them for their service, their success, and their sacrifice and to wish them a Merry Christmas. (Link)
Arguably the biggest story of 2018 is how much we have learned about institutional political corruption within the U.S. Department of Justice (DOJ) and Federal Bureau of Investigation (FBI). With that level of new knowledge in mind, some earlier stories about the DOJ and FBI take on an entirely different light.
Here’s one from late 2016 – You might not know the name Marc Turi but if you are familiar with the Benghazi Brief, or more specifically with Operation Zero Footprint, you’ll likely know the issues.
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Marc Turi was the guy who constructed the covert weapons shipments into Libya to overthrown Mouamar Gaddaffi (2011) and send weapons to the Libyan Transitional National Government supported by Secretary of State Hillary Clinton. During the original phase of the Libyan uprising, early February 2011, the first defector from the official Gaddaffi regime was a foreign justice minister named Mustafa Abdel Jalil.
Jalil became the international face of the anti-Gaddaffi elements within the Libyan government. However, Jalil was an extremist Brotherhood member and somewhat of a patsy. When we were outlining his ideology, and the extremists who were behind him, almost no-one was paying attention.
Following Jalil’s moves was ultimately what enabled CTH to construct the Benghazi Brief so accurately – because during the shell game Mustafa Jalil was the pea. (more…)
The announcement of The United States drawing down troop deployment from Northern Syria – with the United Arab Emirates, and Saudi Arabia sending in replacements to bolster the region, highlights a much larger backstory.
President Obama’s February ’09 Cairo speech began a sequence of events that led to what was called the “Arab Spring“; factually an extremist uprising. Bolstered by the resulting chaos the Muslim Brotherhood rose to power in Egypt behind Mohammed Morsi.
However, a majority of the Egyptian people rejected President Morsi’s sharia governance, and asked a well respected General Fattah al-Sisi to step in. Accepting the request of a desperate people Sisi removed Morsi, disbanded the Muslim Brotherhood and went on to win a landslide election in 2014. The leadership of the Brotherhood fled to Qatar.
President Obama and his policy team was not happy with this outcome. Obama supported Morsi, not al-Sisi. Another person who was not happy, was Turkish President Recep Erdogan, who also supported Morsi and the Muslim Brotherhood.
Undeterred, and understanding the need for urgency, Egyptian President al-Sisi then began a long process of confronting extremism. Sisi destroyed the Hamas terror tunnels on the border between Egypt and Israel; and, despite the anxiety expressed by U.S. Secretary of State John Kerry, Sisi brokered an interim peace agreement between the Palestinian Authority and Israelis. (more…)
Defense Secretary James Mattis wanted us to stay in Paris accord. Trump said no. Mattis wanted us to stay in the Iran deal. Trump said no. Mattis wanted less pressure on NATO. Trump said no. Mattis wanted to keep soldiers in Syria. Trump said no. Mattis wanted to hang around until February… Trump said no.
…President Donald Trump on Sunday pushed the Pentagon chief out the door two months earlier than planned (read more)
Representative John Ratcliffe discusses ongoing congressional appropriations battle and his interview last week of James Comey.
Mr. Ratcliffe points out that congressional investigators have taken the inquiry into the DOJ and FBI corruption as far as possible; it is now up to the DOJ to hold those corrupt officials accountable for weaponizing their offices.
Representative Mark Meadows (R-NC) appears with Maria Bartiromo to discuss the ongoing appropriations battle between President Trump and open-border democrats.
OMB Director and incoming White House Chief-of-Staff Mick Mulvaney appears on Fox News Sunday to debate the insufferable gatekeeper for the swamp, Chris Wallace. Topics include: border security and the government non-shutdown; exiting Defense Secretary James Mattis and the end of U.S. combat presence in Syria; and the economy.
Against the backdrop of a partial government shutdown (not really) Representative Mark Meadows (NC), Jim Jordan (OH) and Matt Gaetz (FL) discuss the ongoing budget appropriations standoff over border security and their meeting with President Trump.
Paul Sperry has an interesting report posted at RCP-Investigations outlining numerous interviews with DC politicians and would-be witnesses, if any actual DOJ investigation of the FBI and DOJ misconduct was taking place. What Sperry discovers is the year-long narrative around John Huber and Michael Horowitz is factually false. [SEE HERE]
Just like the false framework surrounding the long-forgotten U.S. Attorney John Lausch; the guy who was supposedly hired to facilitate DOJ record production but actually did nothing of the sort; Sperry discovers the framework around U.S. Attorney John Huber was manufactured by career officials inside the DOJ to tamp down problematic demands for a second special counsel.
Worse still, and absolutely confirming information from our own contacts within the OIG, Paul Sperry outlines how Michael Horowitz has not interviewed key people who would be part of any authentic FISA abuse inquiry. [READ HERE]
Unfortunately, this information is directly in-line with information received by CTH in September of 2018. According to people with knowledge of DOJ-OIG operations, and restrictions upon the IG imposed by chain-of-command authority, Horowitz’s investigation has been limited by Mueller’s team. (more…)
