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Analysis – President Trump and Vice Premier Liu He Announce "Phase One" Trade Agreement – Video

Lots of dragon-dancing with a very hungry panda.

President Trump, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Mnuchin gathered with their Chinese counterparts in the Oval Office for a lengthy  announcement of “phase-one” of a U.S-China trade agreement.  Vice-Premier Liu He leads the Chinese delegation.  [No point sheet on USTR website yet]  According to the presser:

Phase One has reached ‘agreement in principle‘, and includes: Intellectual Property issues; Banking and Financial Services to include currency devaluation; and major agricultural purchases ($50 billion +).  There will be several phases, and each phase will have an individually tailored enforcement mechanism. [Note: this approach sounds similar to the ‘six sectors and stages’ USTR Lighthizer discussed in March 2019.]
The Phase One agreement details still have to be put on paper over the next five to six weeks.  The U.S. and China are hopeful to have ‘phase one‘ complete by December. In exchange for current AG purchase commitments, and as an act of good faith while phase-one is finalized, the U.S. will suspend the tariff rate increases scheduled to take effect on October 15th. The tariff increase from 25% to 30% has been ‘suspended‘.
The scheduled U.S. tariff increases for December are still planned; however, they will be assessed as part of the ongoing negotiations.  Meanwhile, touchy issues like tech company Hauwei, 5G, telecom and the Chinese firms on the U.S. blocked “entity list” (ie. trade ‘blacklist’) are not part of the discussions.  Those issues fall under U.S. National Security and will not be part of any ongoing trade negotiations.
[Video Below]
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Shep Smith Resigns From Fox News Effective Immediately….

Fox News Anchor Shepard Smith resigns from Fox News effective immediately:


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No word yet on his replacement.
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Treasury Secretary Mnuchin Press Conference on Sanctions for Turkey and China Trade Discussions…

Earlier today Treasury Secretary Steven Mnuchin held a press conference at the White House to announce a new executive order constructed by the Trump administration that would deliver economic sanctions due to Turkish activity in Northern Syria.
“These are very powerful sanctions. We hope we don’t have to use them. But we can shut down the Turkish economy if we need to,” Treasury Secretary Mnuchin tells reporters.


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Additionally, Secretary Mnuchin notes there has been “significant progress” in the U.S-China trade discussions over the past two days. Vice-Premier Liu He is schedule to meet President Trump in the oval office at 2:45pm.
[Transcript] SECRETARY MNUCHIN: Hello everybody. So, I just met with President Trump, and he has authorized and will be signing a new executive order giving the Treasury Department, in consultation with himself and Secretary Pompeo, very significant new sanctions authorities that can be targeted at any person associated with the government of Turkey, any portion of the government. This will be both primary sanctions and secondary sanctions that will be applicable.
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If Accurate, The Impeachment Game is Over – Fake Whistleblower Lawyers Now Retreat From Testimonial Appearance…

A report from the Wall Street Journal outlines a request by lawyers for the fake CIA ‘whistleblower’ that ultimately spells doom for the entire phony construct of the impeachment construction by anonymous complaint.

The Wall Street Journal is reporting the anonymous gossipers’ lawyers are now requesting official impeachment testimony by letters not an in-person appearance.  If this is accurate such a request speaks directly to the abject stupidity of the claim:

WASHINGTON—Lawyers for the CIA officer whose whistleblower complaint helped ignite an impeachment inquiry into President Trump have asked Congress whether their client could submit testimony in writing instead of appearing in person, according to people familiar with the matter.
The request reflects concerns about whether the whistleblower could testify to Democrats and Republicans without revealing his identity, and fears that doing so would lead to it being publicly leaked, jeopardizing his personal safety. The intelligence committees haven’t yet responded to the inquiry about potential written testimony, the people said.

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President Trump Impromptu Remarks and Presser Departing White House – Video and Transcript…

Chopper pressers are the best pressers. As President Trump departed the White House he paused to take questions from the press pool. [Video and Transcript below]


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[Transcript] – THE PRESIDENT: So, we just completed a negotiation with China. We’re doing very well. We’re having another one tomorrow. I’m meeting with the Vice Premier over at the White House. And I think it’s going really well, I will say. I think it’s going really well.

So, we had a very, very good negotiation with China. They’ll be speaking a little bit later, but they’re basically wrapping it up, and we’re going to see them tomorrow, right here. And it’s going very well.

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President Trump MASSIVE MAGA Rally – Minneapolis, Minnesota – 8:00pm ET Livestream…

This rally could be the most epic rally so far this year.  The far-left Mayor of Minneapolis has done everything possible to block President Trump from rallying his supporters in Minnesota.  However, President Trump is undeterred, resolute, and there are tens of thousands of supporters ‘standing‘ to support the peoples’ president.
President Donald Trump will be holding the Keep America Great Rally at the Target Center.  The president is expected to speak at 7:00pm CDT / 8:00pm EDT:
Video Added:


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Another Day, Another Phony "Subpoena" Impeachment Narrative – Rick Perry Edition…

The House democrats will keep doing this until someone in the media begins to hit them with hard questions that expose the nonsense.

Today Chairman Adam Schiff (House Permanent Select Committee on Intelligence); Chairman Elijah E. Cummings (Committee on White House Oversight; and Chairman Eliot L. Engel (House Committee on Foreign Affairs) continue sending carefully worded letters under the guise of ‘subpoenas’. [Main Link Here]

Again, just like all prior examples, this is not a “subpoena”, it is a letter calling itself a “subpoena” and carries NO legal penalty for non-compliance. A legislative “letter” needs to carry judicial enforcement authority –A PENALTY– in order to be a “subpoena”.
There is no penalty that can be associated with these demands because the Legislative Branch has not established compulsion authority (aka judicial enforcement authority), as they attempt to work through their non-constitutional “impeachment inquiry” process.
It has long been well established by SCOTUS that Congress has lawful (judicial authority) subpoena powers pursuant to its implied responsibility of legislative oversight.  However, that only applies to the powers enumerated in A1§8. Neither foreign policy (Ukraine) nor impeachment have any nexus to A1§8.  The customary Legislative Branch subpoena power is limited to their legislative purpose. 
There is an elevated level of subpoena, made power possible by SCOTUS precedent, that carries inherent penalties for non-compliance, and is specifically allowed for impeachment investigations.  That level of elevated House authority requires a full House authorization vote.
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Devin Nunes Discusses Partisan Impeachment, Ukraine and State Dept Involvement….

Devin Nunes appears on Fox News with Sean Hannity to discuss the manipulated one party procedures within Pelosi’s impeachment program.


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Speaker Pelosi cannot engage the courts for support against the Executive Branch because the House has not created their judicial authority.  As a result of their lack of a vote to initiate the House “impeachment inquiry” there is no penalty for non-compliance behind any committee subpoena.
Attempting to compel testimony that crosses through the separation of powers; and goes even further in an attempt to penetrate the firewall around executive privilege; requires the House -or a committee therein- to carry “Judicial Authority“.
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President Trump Executive Order Announcement and Press Conference – Video and Transcript…

Earlier today President Trump held a White House event to sign an executive order on Transparency in Federal Guidance and Enforcement. [Details Here and Here]
In addition, President Trump took numerous questions from the media during a lengthy press conference [Video and Transcript below].


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[Transcript] – THE PRESIDENT: Well, thank you very much. I’ll start by saying I just spoke with Boris Johnson, and we had a good talk about a number of subjects, and we’ll maybe talk about it a little bit later. But we had an extended conversation and some pretty good ideas, I think. They want to see if we can do a couple of things, and they’ll be doing certain things for us.
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U.S-China Trade Discussions Going No-where by Design – Expect More Trump Tariffs and More Beijing-DPRK Missile Tests…

Despite Wall Street headline writers trying to frame an opposite reality, President Trump has no disposition toward making a trade deal with China.  Conversely, China has no intention of changing the closed and state-controlled structure of their economy.  That’s the reality amid a trade dance that is going absolutely no-where.
This quote is priceless: “We can add the Diplomatic war to the Financial war, Currency war and Technology war, that we already have,” John Browning, managing director at brokerage BANDS Financial in Shanghai, said in a note to investors.

The Chinese position is thus:

REUTERS […] The U.S. demand that the Chinese Communist Party fundamentally change how it directs China’s massive economy to shift to a more Western model of free-market capitalism is irrational and misguided, a Chinese diplomat in the United States said.
“What we achieved during the past few decades shows that our system is good for development in China,” the official said, speaking on condition of anonymity.

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