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Optimistic Recovery – Weekly Jobless Claims 860k, Lower Than Expected…

The U.S. Department of Labor has released weekly jobless claims totals showing an employment recovery effort still underway. While the initial claims are 860,000 they are lower than expectations, highlighting positive job gains in the overall economy.

(DOL) In the week ending September 12, the advance figure for seasonally adjusted initial claims was 860,000, a decrease of 33,000 from the previous week’s revised level. The previous week’s level was revised up by 9,000 from 884,000 to 893,000. The 4-week moving average was 912,000, a decrease of 61,000 from the previous week’s revised average. (link)

(CNBC) […] Another piece of good news was a decline in continuing claims, which fell 916,000 to 12.63 million, compared with the 13 million consensus from FactSet. The four-week moving average for continuing claims dropped by 532,750 to 13.5 million. Continuing claims peaked at 24.9 million in early May. (more)

The key for continued economic success is to get the blue regions and blue states to re-open their economies.  However, unfortunately that positive direction is against their political interests.  Democrats are willing to inflict economic pain for political benefit.

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President Trump Holds a Lengthy Press Conference – Video

Earlier today President Trump held a lengthy press conference from the Brady room of the White House.  [Video Below – Transcript Will Follow]

President Trump began his remarks noting the federal and local responses to hurricane Sally.  Following that update President Trump began expanding on the federal effort to attain a vaccine for the COVID-19 virus along with the latest infection statistics and ongoing mitigation efforts.

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Trump Administration Announces “Withhold Release Orders” Targeting China’s Use of Forced Labor in Xinjiang Region…

Those who have followed the Trump administration’s decoupling strategy will note the potential conflict from within this approach is a ‘nothing to lose’ proposition from Donald Trump’s perspective.

The Trump administration announced today the Department of Homeland Security, via U.S. Customs and Border Patrol, are about to start blocking the import of products from five specific entities in western China’s Xinjiang region.  The objective is to block products that come from forced Uighur labor in Xinjiang, China.

The authority comes from U.S. “Withhold Release Orders” (WRO’s) that allows U.S. Customs and Border Protection to detain shipments based on suspicion of forced-labor involvement under long-standing U.S. laws to combat human trafficking, child labor and other human rights abuses.  Ken Cuccinelli explains to Lou Dobbs.

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At first blush this might seem detrimental to the objectives of the U.S-China Phase-One trade deal. However, if you have followed the decoupling process closely; including the warnings given by Trump to U.S. multinationals; you will note there is no specific downside to this confrontation.

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Federal Judge Rules Pennsylvania “Lock-Down Rules”, and COVID Compliance Decrees, Unconstitutional…

A federal judge in the Western District of Pennsylvania had ruled that Governor Tom Wolfe’s dictates, decrees and rules were/are unconstitutional restrictions on liberty.

U.S. District Judge William Stickman IV concluded the governor’s stay at home orders, limits on gatherings and closure of “non life-sustaining” businesses violated citizens’ Constitutional rights. The judge was responding to a lawsuit brought by a group of Pennsylvania businesses.

“The Constitution cannot accept the concept of a ‘new normal’ where the basic liberties of the people can be subordinated to open-ended emergency mitigation measures. Rather, the Constitution sets certain lines that may not be crossed, even in an emergency.” ~ Judge Stickman [full pdf below]

The well-thought ruling, while accepting and appreciating the challenges presented to government, finds the arbitrary and capricious definitions/applications of rules amount to ever-changing dictates that infringed on basic constitutional rights without any due process in place.  Full ruling below.

One win for freedom.

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President Trump Participates in “Latinos for Trump” Roundtable – Video…

President Trump travels to Las Vegas, Nevada, for meetings with supporters and a roundtable discussion with the “Latinos for Trump” coalition.  [Video Below – Transcript Will Follow]

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Sunday Talks: Peter Navarro Discusses Economic Restart, COVID-19 Mitigation and Long-Term Recovery…

White House Senior Trade and Manufacturing Policy Advisor, Peter Navarro, appears with Maria Bartiromo to discuss the ongoing white house economic policy to continue recovering American jobs and manufacturing.  Additionally, Navarro discusses the China conflict of interest carried by the Biden campaign.

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Strategic Winning – Samsung and SK Hynix Stop Next-Gen Chip Sales to Huawei…

A few days ago Samsung announced they would stop production and manufacturing of Televisions in China by November.  Today they announce they will stop the sales of high-tech chips to Chinese owned Hauwei.

ANDROID HEADLINES – In the latest blow to Huawei, South Korean chip manufacturers Samsung and HK Hynix will reportedly cease all trades with the Chinese company beginning next week. This comes after the US Department of Commerce last month announced an amendment to the trade restrictions it imposed on Huawei back in May.

According to reports from various Korean news outlets, the companies will suspend trade on September 15th. That’s when the new set of rules come into effect. The rules bar any American or non-American company that uses a US-origin software or technology from selling components to Huawei. Any such trade would require the companies to obtain special approval from the American government.

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NEC Director Larry Kudlow Discusses Ongoing COVID-19 Economic Recovery…

Director of the National Economic Council, Larry Kudlow, appears on Fox News to discuss the current state of the economy and the administration efforts to support key businesses that are still suffering from the worst financial damage.

Additionally, Mr. Kudlow discusses the nomination of President Trump to receive the Nobel prize for peace.

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Jaw-Dropping Fraud: Beijing Biden Plans to Introduce “America First” Economic Plan in Michigan…

Despite the media providing manipulative cover (narrative engineering) for the sheer hypocrisy of this effort, Democrat presidential candidate Joe Biden is going to attempt to kick-off an “America First” economic plan in Michigan tomorrow.

First, accept the reality… Biden is choosing Michigan. If the media-claimed national Biden polling lead was legit, he would not be headed to Michigan to attempt this insufferable political scheme.

Second, in order for Beijing Biden to even attempt to pull this stunt off he has to rebuke his own decades long economic record of offshoring jobs to China and creating a U.S. service driven economy.

It was the Obama-Biden administration who said those manufacturing jobs were never coming back to the U.S. It was President Trump who reversed the Biden/Obama trade positions and factually started bringing manufacturing jobs back into the U.S.

Candidate Joe Biden supported the Trans-Pacific Partnership (TPP) the largest single scheme to maintain the U.S. as a service driven economy and push manufacturing into southeast Asia.  It was Joe Biden who supported the Trans-Atlantic Trade and Investment Partership (TTIP) a similar globalist construct toward Europe.

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President Trump Delivers Remarks Upon Departure – Video…

President Trump delivers remarks from joint base Andrews as he departs for a 3:00pm event in Florida to discuss environmental accomplishments by the administration. [Video Below, Transcript will Follow]

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