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Fed: "We don't have a really good understanding of why it's been so difficult to get inflation back up"…

A good day for a MAGAnomic pause and reminder…
In 2015 we discussed candidate Trump’s economic positions and how they would impact the economy.  CTH anticipated that MAGAnomics would be reversing three decades of federal reserve monetary policy. After about a year of analysis and discussion, in 2016 CTH presented a theory: “A new Dimension in Modern Economics“.

CTH shared a possibility of what could happen if Trump Economic Policy was shifted to favor Main St. over Wall St.  One aspect we presented was how Federal Reserve monetary policy would be oddly disconnected from its ability to influence inflation… Today:

SAN DIEGO (Reuters) – The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2% goal.
“We don’t have a really good understanding of why it’s been so difficult to get inflation back up,” Daly said at the annual American Economics Association meeting in San Diego.

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More Administration Leaks and Ongoing House Maneuvers Highlight Dem 2020 Strategy…

Yesterday CTH noted 2020 as the year when a variety of prior democrat operations will converge with a single goal in mind. We will see several years effort merging.  Today, more evidence toward that objective is visible.

The House Judiciary Committeee (HJC) argued in the DC court of appeals to obtain the Mueller grand jury information [6(e) material], and compel testimony of former White House counsel Don McGahn.  Also today, more leaks from the inside the administration.
The House has a group of dozens of various DOJ and former Obama officials working on their behalf. That House network also has several currently employed DOJ, FBI, State Department and Intelligence Community officials feeding them information on current real-time events. The HJC are currently arguing the Mueller material and the McGahn testimony are needed for the impeachment trial of President Trump.
First, if the HJC team wins the argument to the three member DC Appellate Court, the DOJ will likely file for a full ‘en banc’ review by the entire panel. If the HJC wins the ‘en banc’ argument the DOJ will likely appeal for an administrative stay by the Supreme Court.
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President Trump Speaks at Launch of "Evangelicals for Trump" – 5:00pm ET Livestream

Today President Trump is speaking at an “Evangelicals for Trump” coalition kick-off event in Miami, Florida.  Anticipated start time 5:00pm ET
Fox News Livestream – Fox Business Livestream – Alternate Livestream


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DC Circuit Appeals Panel Hear Oral Arguments from House Lawsuit for Mueller Evidence and McGahn Testimony…

This court case is the background to remove President Trump.  Everything else, including the impeachment effort, is chaff and countermeasures. Conservatives are oblivious.
Today the DC Circuit Court heard oral arguments from House legal subcontractors representing lawmakers, in their attempt to unseal grand jury testimony and documents from the Mueller investigation. [Remember, the subcontracted lawyers were part of Nancy Pelosi’s changed House rules in 2018… These moments were all pre-planned.]

To give further indications of the landscape, U.S. Attorney General Bill Barr sent his weakest constitutional lawyers, Mark Freeman, Justice Department Civil Division Appellate Staff Director, and Deputy Asst Attorney General Hashim Mooppan to face-off against Douglas Letter, U.S. House of Representatives General Counsel, and approximately two dozen House contracted lawyers.
The hearing lasted for an hour and thirty-seven minutes.  [Full Audio Here] The three panel judges are tackling the unprecedented attempt by House lawyers to gain access to the Mueller material.
During one segment of the hearing House Lawyer Douglas Letter discussed the serious possibility of sending armed House officers to the DOJ to engage in a gun battle with the Dept. of Justice if needed. Not joking – serious stuff:
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2020 Resistance – Dem Operatives Open New Leak Clearing House…

2020 is the year when a variety of prior democrat operations will converge with a single goal in mind.  Predictably we will see several years of prior effort beginning to merge, and it begins today.

NOTE: For interested readers it will be impossible for me to summarize the background for each step prior to putting the next puzzle piece into place.  Therefore I strongly suggest bookmarking posts for later reference because it would take tens of thousands of words to understand for anyone who steps into the light mid-way through. [Just an FYI]

Tomorrow, January 3rd, 2020, the House Judiciary Committeee (HJC) will be presenting oral arguments in the DC court of appeals for their effort to obtain the Mueller grand jury information [6(e) material], and also compel testimony of former White House counsel Don McGahn.
The House has a group of dozens of various DOJ and former Obama officials working on their behalf.  That House network also has several currently employed DOJ, FBI, State Department and Intelligence Community officials feeding them information on current real-time events.   The HJC are currently arguing the Mueller material and the McGahn testimony are needed for the impeachment trial of President Trump.
If the HJC team wins the argument to the three member DC Appellate Court, the DOJ will likely file for a full ‘en blanc’ review by the entire panel.  If the HJC wins the ‘en blanc’ argument the DOJ will likely appeal for an administrative stay by the Supreme Court.
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President Trump Re-election Campaign Raises $46 Million in Fourth Quarter….

American voters responded to the fraudulent impeachment effort in a big financial way for President Trump in the fourth quarter.  The campaign announced a massive $46 million influx which doesn’t count the amount raised by the RNC.

WASHINGTON (Reuters) – President Donald Trump’s re-election campaign raised $46 million in the fourth quarter of 2019, a major haul that was boosted by a surge of donations in the wake of the Democrats’ impeachment bid, a senior campaign official said on Thursday.
[…] The Trump campaign begins the 2020 re-election year with cash on hand of $102.7 million, the official told Reuters, an amount that will help his bid to compete in more states beyond those that carried him to his improbable victory in 2016.

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Julian Castro Drops Presidential Bid…

After failing to qualify for the last two presidential debates, former Obama HUD Secretary Julian Castro announces (via twitter) he is dropping out of the race.

(source)

Castro told his supporters: “I have determined that it simply isn’t our time. To all who have been inspired by our campaign, especially our young people, keep reaching for your dreams — and keep fighting for what you believe in.” All eight supporters are sad.
Additionally, with the Iowa caucuses on February 3rd, the news from Team Castro comes on the same day that another low-polling democrat candidate, Marianne Williamson, lays-off her entire campaign staff.
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President Trump Announces Delegation for Davos Worldwide Economic Forum Conference…

The 2020 Davos economic conference will be a little more important to watch this year (as it was in 2017) due to the completed U.S. Trade Agreements (S Korea, Japan, Mexico, Canada, and China) and the predicted focus for the Trump administration to pivot from Asia to the EU and U.K. for the next critical phase of the ‘America-First’ global trade reset.

As a result of the recent U.K. election, pending Brexit, a favorable $7.5 billion WTO ruling and USTR Lighthizer’s new $2.4 billion EU targeted tariff program, the administration has significant advantages going into a trade discussion with the EU in 2020.
Team USA has the world’s strongest economy, the largest market, legally bolstered tariff authority and a quiver full of powerful economic arrows.
Meanwhile Team EU has: (1) the UK leaving; (2) severe drops in German industrial manufacturing; (3) a shrinking French economy; (4) yellow-vests in the streets; and (5) demands for greater economic autonomy from many key member states.
Overlay Germany, France and Italy large economy challenges such as: their promise to meet NATO obligations – and their attachment to the strangling Paris Climate Treaty, and the EU’s collective economic position is precarious at best.

WHITE HOUSE – Today, President Donald J. Trump announced the Presidential Delegation that will attend the World Economic Forum in Davos-Klosters, Switzerland, from January 20 to January 24, 2020.

The Honorable Steven Mnuchin, Secretary of the Treasury, will lead the delegation.

Members of the Presidential Delegation:

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Following Through – National Security Advisor Robert O'Brien Culling National Security Council…

In the aftermath of National Security Council usurper Lt. Col. Vindman helping to orchestrate a joint DoD, CIA and State Dept soft-coup against President Trump, several pointed questions were asked about why the NSC was allowed to undermine the office they were created to support.
In response to those questions, newly appointed National Security Advisor Robert O’Brien announce the White House was in an ongoing process to reduce the size of the NSC.
A follow-up article within the Washington Times highlights the downsizing so far.

WASHINGTON DC – The White House National Security Council staff is being downsized sharply in a bid to improve efficiency within the policy coordinating body by consolidating positions and cutting staff.
A second, unspoken thrust of the overhaul is a hoped-for end to what many critics see as a string of politically damaging, unauthorized disclosures of sensitive information. Leaks of President Trump’s conversations with foreign leaders and other damaging disclosures likely originated with anti-Trump officials in the White House who stayed over from the Obama administration, according to several current and former White House officials.

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ABC News Fears American People Might Interfere in 2020 U.S. Election…

Despite the initial reaction a stable-minded person would likely take away from the headline, it is a good thing that ABC News and other MSM have dropped their pretense and shallow-efforts to retain their open secrets.
In this example while lamenting the outcome of the recent U.K. election that saw the socialists and leftists crushed by conservative and pragmatic voters, ABC is concerned the American people may end up similarly interfering in media objectives for the 2020 U.S. presidential election.  The problem they discover is this pesky concept called “freedom”.

(Source)

Consider this argument from the article: “One of the things that we’re always very cautious about is everyone looking at Russia. But actually, we should be looking at the party and political dynamics closer to home and how domestic actors are using the platforms and manipulating the systems to spread information or misinformation that’s favorable to their political stance.” 
I mean seriously.  Can you imagine a world where U.S. politicians easily spread information favorable to their political stance.  Oh.My.God… The outcome is almost unimaginable…. People, allowed to think for themselves.  Yikes, the horror of it.
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