Quantcast

BREAKING: CFPB Legal Counsel Agrees With President Trump on Appointment Authority…

What’s this? …MORE winning?  …Sheesh.  Well, just add it to the pile in the corner over there, along with all the other winning we haven’t got around to yet.
The internal legal counsel for the Consumer Financial Protection Bureau (CFPB) has just agreed with the White House Office of Legal Counsel that President Trump has full authority to appoint OMB Director Mick Mulvaney as the acting head of the agency.
Oh noes, Princess Moonbat Feathers is gonna have a ‘splodey head in 3…. 2…. 1…

WASHINGTON (Reuters) – The top lawyer for the U.S. Consumer Financial Protection Bureau (CFPB) has concluded that President Donald Trump has the authority to name its acting director, three sources familiar with the matter said on Sunday, rejecting an effort by her former boss at the agency to name his immediate successor.
The office of CFPB General Counsel Mary McLeod has prepared a memo concurring with the opinion of the U.S. Justice Department that Trump has the power to appoint his budget chief, Mick Mulvaney, as temporary leader of the federal watchdog agency, according to the sources, who spoke on condition of anonymity.
One source said the memo would be sent to CFPB staff on Monday.

(more…)

Koch Financed Company Purchases Time Magazine…

Earlier today Murdoch activated his Decepticon control agent Carly Fiorina to appear on Fox News Sunday, utilize a familiar passive-aggressive technique, and help shape the official Wall Street/K-Street sexism narrative via Chris Wallace. You can watch HERE.
A few hours later the second set of Decepticon billionaires surface; the Koch Brothers, who financed a $1.8 billion deal including the purchase of Time Magazine.

NEW YORK (AP) — Meredith Corp. announced Sunday that it is buying Time Inc. for about $1.8 billion, a deal CEO Stephen Lacy called “a transformative and financially compelling growth opportunity” that joins two giant magazine companies.
Meredith brings with it a magazine portfolio that includes Better Homes & Gardens, Family Circle, allrecipes and Shape, while Time Inc. owns properties including Time, Sports Illustrated, People, Fortune and Entertainment Weekly.

(more…)

MAGAsnaps – First Key Holiday Shopping Data Shows Almost 18% Increase…

Oh boy,  there’s a particular joy when all the lead-up economic data, that naysayer’s claim is simply outliers, leads to predictions that become reality.  Remember when we shared:

…”Hold on to your economic britches peeps – throw dem ju-ju bones out the windows – grab hold of the young-un’s, squeeze em tight and introduce them to their first opportunity to see capitalism unchained; we are in uncharted MAGA territory now. Q4 will be well beyond 3.2% 3.8%… Well Beyond.”…

Allow me the indulgence of setting the stage.  Last week the New York Fed increased the fourth quarter GDP growth estimates to 3.8%. This followed a prior week when they raised that same estimate to 3.2%.   Obviously, much to their chagrin, the underlying economic data was far surpassing the earlier forecasts of the doom club.  {{{CTH snickered}}}
Now, wait for it,… as we review the preliminary results it is important to remember that Consumer Spending represents two-thirds of U.S. GDP.
OK, you ready?….  You sure?….  Well:
(more…)

Oh Yeah…. Time To Kick Off The Christmas Season….

The day after Thanksgiving kicks off the official start to the bigly celebration… and oh, how this one is going to be the best Christmas yet. The best.  Believe me.


(more…)

"Interim" -vs- "Acting": White House Officially Announces Mulvaney to Head-Up CFPB…

The White House releases the official announcement that OMB Director Mick Mulvaney will head up the Consumer Financial Protection Board until a replacement is confirmed.  As previously discussed – notice the verbiage:


WHITE HOUSE – Today, the President announced that he is designating Director of the Office of Management and Budget (OMB) Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau (CFPB). The President looks forward to seeing Director Mulvaney take a common sense approach to leading the CFPB’s dedicated staff, an approach that will empower consumers to make their own financial decisions and facilitate investment in our communities. Director Mulvaney will serve as Acting Director until a permanent director is nominated and confirmed.  (link)

(more…)

Thanks, But No Thanks: Trump Triggers Spontaneous TDS With Time Man-of-Year Tweet…

Too funny.  President Trump tweets about declining Time Magazine ‘Man-of-Year’ request and the derangement hive goes bananas:

(LINK)

(more…)

Flynn Legal Team No Longer Communicating With White House Legal Team…

The New York Times reporters are outlining another silly story to squeeze out the final drips of usefulness within the vast Russian conspiracy narrative.   Comey’s leak recipient Michael Schmidt, and the narrative engineer with a Phd in passive aggressive writing, Maggie Haberman, collaborate.
The outline is that lawyers for Michael Flynn are no longer sharing information with lawyers from the Trump team.  Obviously the intended premise of this engineering feat is infer that Flynn is cooperating with special counsel Robert Mueller to the detriment of President Trump.  Key word for narrative building here is: ‘infer’.  The years’-long media Russian conspiracy script relies heavily on ‘inference’.

WASHINGTON — Lawyers for Michael T. Flynn, President Trump’s former national security adviser, notified the president’s legal team in recent days that they could no longer discuss the special counsel’s investigation, according to four people involved in the case — an indication that Mr. Flynn is cooperating with prosecutors or negotiating a deal.

Mr. Flynn’s lawyers had been sharing information with Mr. Trump’s lawyers about the investigation by the special counsel, Robert S. Mueller III, who is examining whether anyone around Mr. Trump was involved in Russian efforts to undermine Hillary Clinton’s presidential campaign.

(more…)

President Donald Trump Thanksgiving Message…

President Donald Trump delivers his Thanksgiving message to the nation:



(more…)

More MAGAnomic Winning – NY Fed Raises GDP Forecast, DOW Closes New Record…

Almost too much winning… almost, but I think we can take it.  The New York federal reserve has raised their anticipated fourth quarter GDP growth forecast to 3.8%.  That’s only a week after previously raising it to 3.2%.
The Stock Market closes again at yet another all time high today:

Yup, as widely anticipated, the impact from Trump’s MAGAnomic policies are creating a massive upward dynamic on the Main Street economy.  The increase in consumer confidence; the recent increases in wages; the increase in disposable income as an outcome of lowered energy costs and downward prices on high consumables (fuel, food, etc.); the increases in housing starts; the reductions in imported durables; the expansion of exports in energy products and agriculture, and the expanding domestic investment, are all factors in expanding the GDP.
The NY Fed have revised their projection upward to 3.8%, and THAT’S BEFORE they get a first analysis on holiday spending (due out the end of the month); and well before they can quantify the November and December retail sales results which account for two-thirds of GDP math.   So don’t be surprised, as we shared on their last revision, if you see that GDP growth number go much higher.
Oh, the winning…. squeeze the kids.  REMEMBER:
(more…)

President Trump Holds Higher Approval Rating Than: Macron (France), May (Great Britain), Merkel (Germany)…

While the U.S. media loves to talk about President Trump’s approval rating when it’s bad news, what they fail to discuss is how President Trump has consistently higher approval ratings than: •President Macron, France; •Prime Minister May, Great Britain; or •Chancellor Merkel of Germany.
According to Zogby Analytics:

♦ President Trump approval 42 percent
♦ Chancellor Merkel approval 40 percent
♦ President Macron approval 28 percent
♦ Prime Minister May approval 28 percent

That means President Trump has the highest approval rating compared to the leaders of largest economic countries in Europe.  However, this shouldn’t come as a surprise because it was evident in Germany’s recent election that Merkel -in victory- had less support in Germany than President Trump holds in the U.S.  Go figure…
(more…)