Coronavirus As An Economic Contagion

Steve Bannon discusses the Chinese Coronavirus as an economic contagion and how the Trump economic security doctrine applies to the current downstream impacts.  Even before the Coronavirus surfaced in China there was lower manufacturing factory activity within the Chinese economy.  The necessary response within China to control the spread of the Coronavirus was to shut down most commerce.  Factories, schools &  businesses throughout China were impacted as various containment measures took hold.

Economic Nationalism -vs- Economic Globalism

Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal. We create and consume eighty percent of our own production.
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Secretary of State Mike Pompeo appears on Face The Nation with Margaret Brennan to discuss the negotiated peace agreement between the U.S. and Taliban in Afghanistan.

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The media is initiating panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
Everything about Coronavirus is hyped with purpose. The CDC official who lit the fuse to create the panic was Dr. Nancy Messonnier who read a script handed to her by resistance operatives inside government.  Dr. Messonnier is Rod Rosenstein’s sister.
Health and Human Services Secretary Alex Azar appears on Fox News to discuss Coronavirus (COVID-19) while a gleeful Chris Wallace excitedly questions Azar about “millions of people hoarding food”, and  how the virus will eliminate all life on planet Earth by Tuesday.

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The United States and the Islamic Republic of Afghanistan (Taliban) have signed a peace agreement to end the nineteen-year war in Afghanistan.  [Details Here]  During the signing ceremony Secretary of State Mike Pompeo delivered the following remarks.
[Video and Transcript]

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[Transcript] – SECRETARY POMPEO: Good afternoon. I want to start by thanking His Highness Sheikh Tamim for Qatar’s invaluable role as host of these historic talks. His unstinting support, and yours foreign minister, have supported both sides and allowed them to reach this momentous day.
The United States and the Taliban have endured decades of hostility and mistrust. Previous talks have faltered. This effort only became real for the United States when the Taliban signaled interest in pursuing peace and ending their relationship with al-Qaida and other foreign terrorist groups. They also recognized that military victory was impossible. I then asked Ambassador Khalilzad to serve as our lead negotiator to gauge the Taliban’s sincerity.
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Quite a bit to unpack here, and most of it is very good news.  First, this re-nomination was almost predictable when you look at the totality of the landscape:

President Trump needed to generate an official DNI nomination in order to retain the current acting DNI authorities for Richard “Ric” Grenell; so that’s one aspect.
However, beyond the procedural move there’s the larger background of the FISA reauthorization; and, in my opinion, that larger dynamic is the majority consideration.
The FISA reauthorization and the need for President Trump to support any type of reauthorization that eventually gets through the complex political dynamics within congress; and considering Senate Majority Leader Mitch McConnell traveled to the White House to discuss this issue yesterday; the outcome is considerable leverage for Trump.
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In the background of the impeachment effort the House Judiciary Committee (HJC) led by Chairman Jerry Nadler was seeking: (1) Mueller grand jury material; (2) a deposition by former White House counsel Don McGahn; and less importantly (3) Trump financial and tax records.  Each of these cases were then argued in federal court, appellate courts (6e and McGahn) and the supreme court (financials/taxes).
In November 2019 activist Federal District Court Judge Ketanji Brown Jackson ruled Don McGahn must appear before Congress; however, she also ruled McGahn retained the ability to “invoke executive privilege where appropriate” during his appearance.
The White House appealed the ruling to the DC appellate court on constitutional grounds.  Today a three judge panel from the DC circuit agreed with the White House position.

WASHINGTON – President Donald Trump scored a major legal victory on Friday when a federal appeals court panel ruled Democrats have no right to hear testimony from former White House counsel Don McGahn.

The U.S. Court of Appeals for the District of Columbia Circuit’s ruling overturned a lower court decision requiring McGahn’s testimony and told the judge presiding over the case to dismiss it outright. The ruling is a blow to House Democrats’ attempts to break the Trump administration’s intransigent stance that it can block Congress from talking to witnesses. (link)

This ruling also undermines the ridiculous “obstruction” article of impeachment because it shows the White House had a justifiable and constitutional argument to make against the House in the judicial branch.  The issue at stake was  whether the legislative branch can penetrate the constitutional firewall which exists within the separation of powers.
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Economic Nationalism -vs- Economic Globalism

Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal.  We create and consume eighty percent of our own production.

The U.S. economy is unique in the amount of balance within it as compared to other industrial economies.  We are not dependent on exports to sustain our economy; and we are not dependent on any imports at the macro level.  Unlike China, Asia and Europe, and despite decades of efforts by globalists and multinationals, the U.S. generates and sustains a tremendous amount of our own economic prosperity.  First the January data:
The Bureau of Economic Analysis (BEA) reveals data today showing January wage growth .5%, personal income increases .6%, consumer spending at .2%; overall U.S. savings at $1.33 trillion, and low inflation at 1.7 percent year-over-year.  Solid and stable.
Both consumer spending (+.2 Jan) and inflation (1.6% Jan) were impacted by lower energy prices (-.7%) & mild weather in January.  Reuters spins the lower rate of spending growth to imply a contracting U.S. consumer; there is no data to support that narrative.
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Apple CEO Tim Cook discusses the coronavirus impacts on his specific business and his view on the short-term impacts from disruptions in China.  While retail stores and some manufacturing are closed in the short-term, overall Cook sees very little change in the outlook for Apple business once the short-term impacts are removed.
Tim Cook also discusses his relationship with President Trump working together on jobs and education programs. Cook notes President Trump was able to influence Prime Minister Modi of India to allow Apple to enter the Indian market.

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PS. if you are following the tiered and strategic deployment of COVID-19 hype, you’ll note the next round of heavy artillery (the WHO/CDC have been saving) is the announcement of an official global “pandemic status” being reached.  That will be worth a week of panic media and perhaps another thousand point drop for U.S. stock market.
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The media is initiating panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
Everything about Coronavirus is hyped with purpose. The CDC official who lit the fuse to create the panic was Dr. Nancy Messonnier who read a script handed to her by resistance operatives inside government.  Dr. Messonnier is Rod Rosenstein’s sister.
National Economic Council Director Larry Kudlow appears in the Brady briefing room of the White House to answer media questions about the economic impact of Coronavirus and a declining stock market.  WATCH:

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Completely agree with Judicial Watch President Tom Fitton here. During a discussion of congress trying to pass a clean FISA reauthorization or a reform version, Tom Fitton says the only way to really reform the process is to arrest, prosecute & jail those who abused it.
Fitton’s point is similar to the CTH argument surrounding SSCI leaker James Wolfe.  If the DOJ had prosecuted Wolfe for the criminal leaks of classified intelligence, the landscape of an adversarial intelligence apparatus over the past two years would be completely different.   The same general perspective applies to the FISA abuse issue.

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