Today there was a much hyped congressional hearing, spearheaded by sub-committee chairman Mark Meadows, into issues surrounding the Clinton Foundation and the possibility of IRS tax avoidance schemes. The backstory is of particular importance because the hearing is being framed by the ‘tick-tock-boom club‘ as something it was not.

There is a policy within the IRS that any person can report fraudulent tax filings, or the lack thereof, by any American taxpayer – toward any individual or group that is avoiding the payment of taxes. The IRS has a process to receive “tips” and claims from anyone to their investigative unit.  If the tip ends up in the IRS being able to secure missing tax payments, the tipster can get a percentage reward based on the amount of the taxes the IRS can recover.  The reward percentage is from 10% to 30% of the recovered amount.
Mr. Lawrence W. Doyle and Mr. John Moynihan, are the proprietors of a firm called MDA Analytics.  They are two ‘tipsters’, financial bounty hunters, calling themselves ‘whistle-blowers’, who have researched the Clinton Foundation and informed the IRS that based on their research the foundation owes back taxes.  They duo are hopeful to receive an IRS award based on their estimation of missing tax payments of between $400 million and $2.5 billion. In addition to their patriotic duty, this is the financial motivation behind Mr. Doyle and Mr. Moynihan.
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President Donald Trump goes on offense with a video message on border security.  President Trump highlights the past statements by democrat leaders Hillary Clinton and Barack Obama for a border security wall.
President Trump knows his position on the border security wall is the majority view within the American electorate.  He is coaxing his political opposition into a corner.  Additionally, in an effort to prop-up their ideological allies, the corporate media will avoid this.

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Another Inspector General Michael Horowitz report; ..another exercise in futility.

The DOJ Office of Inspector General has filed a 35-page report (full pdf below) outlining the issues with recovery of text messages from devices belonging to FBI attorney Lisa Page and FBI agent Peter Strzok.
Page and Strzok transferred to the special counsel team when Robert Mueller took over the counterintelligence investigation, ie. “muh Russia”.  Within the report the IG notes that after the special counsels office was notified of the biased text messaging identified by Strzok and Page; and after Mueller removed them from the investigative team; the phones issued to Ms. Page and Mr. Strzok were reset removing any communication during their time on the special counsel team from discovery.  Here’s the pertinent part:
The full IG report is below.
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According to DOJ filings: “Tallahassee, Florida City Commissioner Scott Charles Maddox, 50, and Tallahassee political consultant Janice Paige Carter-Smith, 53, both of Tallahassee, have been indicted in a 44-count indictment for conspiring to operate a racketeering enterprise that engaged in acts of bank fraud, extortion, honest services fraud and bribery.”  Both were arrested yesterday.

The issues around the three-year investigation surfaced in the Florida Governors race when Tallahassee Mayor Andrew Gillum was running for governor.  Part of the sting operation discovered Mayor Gillum taking trips with lobbyists and accepting perks from undercover FBI agents.  Outgoing governor Rick Scott has suspended Maddox.

Scott Maddox and Paige Carter-Smith, once power players in Tallahassee’s political scene, shuffled into a federal courtroom on Wednesday, their legs in shackles, to answer charges they shook down city vendors for bribes and pocketed hundreds of thousands of dollars.  – Read More

[DOJ Press Announcement Here] – [Story Via Orlando Sentinel Here]

Earlier today President Trump signed an executive order establishing the White House Opportunity and Revitalization Council. The Council will be chaired by the Secretary of Housing and Urban Development, Ben Carson, and comprised of 13 Federal agencies.
The goal of the council will be to stop the redundancy and duplication within the federal bureaucracy, and focus on actual delivery of results to specific economic empowerment zones.

[Transcript] 2:37 P.M. EST – THE PRESIDENT: Hello everybody. Good, Tim. It’s a big day.
SENATOR SCOTT: Yes, sir.
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Interesting, very interesting.  As noted in the Flynn sentencing memo last night there were some curiously framed explanations of events surrounding his FBI inquisition.
Now Judge Emmet Sullivan wants expanded information, and wishes to see the actual notes (FD-302) that were mentioned by Flynn; and Judge Sullivan is directing the special counsel to provide all documents created by the FBI surrounding the Flynn interview:

(Source Link)

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I apologize in advance for my shortcomings in trying to de-wonk multinational economics and the financial constructs that impact, at the core, the U.S. worker and consumer.  It’s a big issue to tackle in digestible portions.  However, that said some inflationary statistics are presenting an opportunity for expanded discussion.
Reuters has an article out today highlighting inflationary data as released by the Bureau of Labor Statistics (BLS) [DATA HERE]. The overall summary is the Consumer Price Index is stable or flat reflecting low inflation on measured goods; however, that’s not the part that bears emphasis.   Instead I would direct attention to this:

The Fed’s preferred inflation measure, the core PCE price index excluding food and energy, increased 1.8 percent year-on-year in October, the smallest gain since February, after rising 1.9 percent the prior month. It hit the U.S. central bank’s 2 percent target in March for the first time since April 2012.

At the heart of the controlled monetary system; at the epicenter of the multinational global control mechanisms; inside the offices of the global economic elites; there is a system of financial manipulation with tentacles that reach into your pocket.  This system seems hard to understand, but it is critical to do so… so we need to try and understand it.
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Did you get your yellow vest yet?  The recently elected New York Attorney General, Letitia James, makes a public declaration that she intends to fully weaponize her office to target the Trump family.
On the bright side, democrats can no longer claim their preferred approach of weaponizing their offices for direct targeting of their political opposition as a “right-wing conspiracy theory”; they are specifically outlining their intent to do exactly that.

New York – New York Attorney Gen.-elect Letitia James says she plans to launch sweeping investigations into President Donald Trump, his family and “anyone” in his circle who may have violated the law once she settles into her new job next month.

“We will use every area of the law to investigate President Trump and his business transactions and that of his family as well,” James, a Democrat, told NBC News in her first extensive interview since she was elected last month.

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The defense team for Michael Flynn presents their sentencing memo [see here] to support the special counsel recommendation.  However, within the memo the Flynn team smartly uses pre-approved (by Special Counsel) language to highlight how the FBI structured the set up  Yes, Flynn’s lawyers had to get permission to write this:

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The U.S. Department of Justice has filed a 35-page sentencing memo (full pdf below) recommending a two-year prison term for busted Senate Intelligence Committee Director of Security, James Wolfe.   The DOJ is seeking a term of imprisonment above the guidelines for the plea of lying to federal investigators.

The DOJ sentencing recommendation outlines the events surrounding the FBI investigation of Wolfe, and provides a more fulsome picture of the issues faced when a top-tier staff member of the legislative branch is suspected of leaking classified intelligence.
The DOJ notes the challenge presented when the executive branch is investigating a critical internal office of the legislative branch.   While James Wolfe was never actually charged with leaking classified documents, the type of leaks he participated in and the resulting media reports which drew from his information network – certainly implies there was classified documentary evidence leaked; the DOJ claims they cannot prove it.
Given the direct evidence of corrupt and politically motivated conduct by officials within the DOJ and FBI the sentencing memo is an interesting read with multiple facets for consideration.
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