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National Economic Council Director Kevin Hassett Discusses August “Blockbuster” Jobs Report

National Economic Council (NEC) Director Kevin Hassett appears on CNBC to discuss the exceptionally good August jobs report from the Bureau of Labor and Statistics.  Hassett notes that capital expenditures and investments into U.S. manufacturing industries and companies building for growth has begun to show up in the jobs numbers.

Companies are building out infrastructure and plants.  Those plants under construction will continue to lead a jobs boom.  The growth in jobs is in the private sector, while the Trump administration continues to downsize the federal workforce.  MAGAnomics at work strengthening our American economy, while the onshoring of industry and reindustrialization efforts continues.  WATCH:

While our U.S. economy is growing, the European economy is shrinking.  When you think about Canada, the U.K and EU-NATO allies all positioning themselves for expanded war against Russia, the strength of the U.S. economy becomes even more important.

Canada, the U.K and the EU-NATO alliance all want war against Russia.  President Trump does not.  Many voices inside Washington DC, stand with the Canadian/U.K./EU-NATO mindset and also want that conflict.  President Trump does not.

If you have reviewed my prior research on the banking side of this looming war dynamic, almost entirely driven by politics, then you can appreciate just how tenuous this moment in our history is.  There are trillions at stake, and some are willing to do anything in order to retain control.

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USA Foreign Born Population Declines by 3 Million in Measured January 2025 to July 2026

As President Trump, DHS and ICE continue the border enforcement and deportation effort there are some statistics now worth reviewing.

The U.S. Center for Immigration Studies (CIS) is reporting a population decline of 3 million foreign born persons in the USA as a result of the ongoing Trump administration effort to locate, capture and remove illegal aliens.  Obviously, it has taken time to get up to speed on the overall deportation side of the issue; however, Trump has effectively removed a year of open border entrants.

The current number of foreign-born persons is now at the Jan 2024 level and declining as the four years of the Biden surge are being removed.

[CHART SOURCE]

There is still a long way to go, and against the Lawfare opposition it has been a tough slog.  It also took a long time for DHS, CBP and ICE to retool and get up to speed.  That said, the pace of exfiltration is now faster than before.  More illegals are being identified and removed at a faster pace.

Additionally, as word spreads about the consequences of not self-deporting, more unlawful migrants are now reevaluating their risk.  While it is still early, the pace is rapid enough to completely eliminate the Biden surge.  There is more optimism for that outcome than before.  The issue now is one of political resolve against a hardened, leftist, communist, internal enemy who support open-borders.

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Secretary Rubio and Vice-President Vance Speak at Launch Ceremony for The Foundry School

This morning the Trump administration launched the Foundry School, a national program to train the entrepreneurs, engineers, technicians, and industrial leaders needed to rebuild American manufacturing. [Press Release Here]

“President Trump’s reindustrialization agenda has already brought trillions of dollars in industrial investment to American soil. Foundry School will focus on turning that investment into jobs. American manufacturers will need an estimated 3.8 million skilled workers by 2033 in semiconductors, defense, energy, and beyond, and Foundry School exists to make sure Americans fill those jobs. The program will put American workers first by equipping them with the skills needed to bring manufacturing jobs home and build careers in industries critical to our nation’s economic security.”

This critically important initiative launched today with the full support of the administration including remarks by both Vice-President JD Vance and Secretary of State Marco Rubio. ‘Industrial Security Is National Security’, noted Vance. ‘We Lost Our Ability to Make Things’ Rubio warned as both explain the importance of the objective.  WATCH:

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President Trump Takes Media Questions in Oval Office

After meeting with travel executives in the oval office, President Trump took questions from the assembled press pool.  The media questions begin at 21:00 of the video below.  A question about Canada trade negotiations is at 24:00 of the video. WATCH:

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Commerce Secretary Howard Lutnick Quotes Canadian Officials Who Said They Purposefully Fractured the Trade Deal for Domestic Political Value

A rather remarkable statement from Commerce Secretary Howard Lutnick puts the Canadian government on notice.  If Lutnick is accurately outlining what took place, there’s no way Trump is going to give them a trade deal.

When he is questioned about the U.S-Canada trade agreement collapse, Secretary Lutnick quotes the Canadian govt officials.  “I said to him, are you trying to blow this up? and he said, and I quote, “I’m not allowed to say that.“” Lutnick then encapsulates what that response meant.

“They decided for political reasons, domestically, domestic Canada, they’d rather fight with Donald Trump; even if it’s bad for the economy of Canada, for their political ambition to get a certain election,” Lutnick noted.  He continued, “now remember, Quebec has the sovereign party was in the lead, so that’s why they came up with this French nonsense. You think the American side talked about how people speak in Quebec? We have a deal with France, we have a deal with Italy, we have a deal with Germany, we don’t care about their language; none of that was true.”   WATCH (prompted):

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Canada Is Drowning in the Sea of China

Canada is drowning in the Sea of China. The USA is the rescue swimmer.  When we reach the victim they thrash, try to climb on our back and pull us under. Survival for both now requires us to punch them in the face, back away and ask them if they prefer to drown. If not, listen to instructions.

The USMCA or CUSMA needs to be terminated!  That’s the punch in the nose.

Then a bilateral trade agreement can be negotiated.  That’s the swimmer giving the victim instructions.

If Canada chooses to drown in the Sea of China, so be it.

Then we build a regulatory wall against all Canadian products, banning the entry of Chinese component parts in EVERYTHING!

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From His Own Lips Canadian PM Mark Carney Explains the Four Issues He Used to Break a U.S-Canada Trade Discussion

Within 12 hours of the Friday announcement that Canada had walked away from trade discussions with the U.S, we were able to piece together what the four points were.  Several people disagreed and claimed something else was involved.  Today, Prime Minister Mark Carney affirmed specifically the accuracy of those four points.

While Prime Minister Carney used his verbose gaslighting to describe them, you can listen for yourself.  It boiled down to four issues: [1] U.S. streaming services writing code for “search engines” in the French language (cultural issue). [2] The U.S. having a right to reject a trade deal made by Canada with a non-market economy, ie. CHINA. [3] Removal of tariffs on Canadian assembled heavy trucks, semi-trucks and industrial trucks (not in the auto sector). [4] Canada demanding 5% of gross revenues from U.S. tech platforms, with an attitude that U.S. controls North American trade.

You can listen to his own words describing these issues.  WATCH:

The United States must, as a matter of U.S. national security and survival, immediately cut all trade ties with Canada completely.  I’ll explain why this is so critical and important.

The most appropriate metaphor is the drowning victim (Canada) with an intentionally placed anchor on its foot (China), now becoming a threat to the rescue swimmer (USA).   If we don’t cut ties, we risk our own livelihood.

Here’s the four counterpoints:

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Treasury Secretary Scott Bessent Holds a Fireside Chat During G20 Finance Assembly

On the sidelines of the Asheville, North Carolina, G20 meeting of global finance ministers, U.S. Treasury Secretary Scott Bessent holds a fireside chat to discuss current geopolitical events and economic conditions.

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Germany Says, “We are at war with Russia” – Zelenskyy Threatens Russian Civilian Air Travel – Will Canada Join the EU-NATO Alliance and Go to War?

There was a reason why CTH focused on the Leipzig-Halle Airport “drone attack” in Germany on August 5th. {GO DEEP}  There have been numerous indications the EU-NATO members, driven by Germany, France and the U.K. have been increasingly trying to expand the Ukraine war effort and pull in direct military engagement against Russia.

The Leipzig-Halle airport drone held all of the conspicuous indications of a false flag attack that did not stem from Russia.  The quadcopter drone was a limited range battery powered small drone carrying a rudimentary IED type explosive.  It needed to be operated and controlled by someone very close to the area, and the cargo area of the airport is a closed-loop security zone.

Nothing about the method, timing or location of the “drone attack” spoke to any value or importance for Russian interests in the Ukraine conflict. However, for expanding the war propaganda purposes the created narrative holds value.  The Leipzig-Halle drone operation was more than likely carried out by the same country who bombed the Nordstream pipeline. That was Ukraine.

Today, using the airport “drone attack” as a justification, Germany is accusing Russia of expanding a hybrid war against NATO and Germany is testing whether the full NATO alliance is willing to join them in military combat operations against Russia.  “German defense entrepreneur Stefan Thumann argued sabotage operations carried out by Moscow against his country are an “act of war … controlled and coordinated here by the Russian armed forces.” {source}

European NATO allies were quick to pick up the catchphrase “hybrid war” with statements from NATO General Secretary Mark Rutte, EU Commissioner Ursula von der Leyen, Finland President Alexander Stubb, Italian President Giorgia Meloni and many more.  Coordinated and timed to happen in unison, the EU-NATO nations now align to expand their war footing against Russia.  All of this was/is easily predictable.  This is by design.

Simultaneous with this announcement and statements from within Germany, Ukraine President Volodymyr Zelenskyy now threatens all airline travel in Russia, in an obvious attempt to influence airline insurance carriers and shut down Russian civilian airspace.  However, if you have followed the pattern with us over the past several years, what should be expected next is alarming.

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Supreme Court Rule 5-4 to Eliminate Lawsuit Against White House Ballroom and National Defense Complex – Chief Justice Roberts Joined the Minority

Somehow Chief Justice John Roberts found that a single person who walks past the White House every month and doesn’t like the proposed appearance of the ballroom has some standing to sue and block construction. Go figure. Roberts also decided that the Obamacare mandate wasn’t a tax.

Roberts joined with the minority DEI judges in his position [RULING HERE]. However, the majority decision was against the woman having standing to sue. Therefore, the lawsuit was dispatched and the building can continue.

SCOTUS BLOG – […] On Monday, a divided court granted the government’s request for a stay, permitting construction to move forward while the litigation continues in the lower court. The majority’s opinion focused primarily on its conclusion that the National Trust likely does not have standing to challenge the project. The trust had submitted a declaration from Alison Hoagland, a member who lives in Washington, D.C., and said that she visits the area where the White House is located approximately once per month. Hoagland, who has “expertise in historic architecture,” claimed that the project caused “‘injuries’ to her ‘aesthetic, cultural, and historical interests’ because she finds the ‘scale,’ ‘height,’ and ‘massing’ of the government’s design distasteful.” But those are not the kind of “concrete” and specific injuries required to bring a lawsuit, the majority explained.

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