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Wage Growth for Low Income Workers Doubles Wage Growth for High Income Workers…

An interesting article within The Atlantic draws attention to one of the more intended consequences of Maganomics: wages for the middle-class Americans are rising twice as fast as wages for high-income earners.

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Yes, President Trump is closing the wealth gap.
This dynamic is directly attached to President Trump’s MAGAnomic policy that focuses wage and income benefit directly to Main Street, “production economy”; and reverses the process that was driving benefit to U.S. multinationals on Wall Street, the “service-driven” economy.   As noted in The Atlantic:

[…]  According to analysis by Nick Bunker, an economist with the jobs site Indeed, wage growth is currently strongest for workers in low-wage industries, such as clothing stores, supermarkets, amusement parks, and casinos. And earnings are growing most slowly in higher-wage industries, such as medical labs, law firms, and broadcasting and telecom companies. (more)

While there are not technically going to be direct losers in a Main Street economy, there will undoubtedly be some amid the investment class who will be lesser-winners.
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Secretary Wilbur Ross Discusses Potential Trade-Deal with India…

In the bigger picture… Within the trade team, Commerce Secretary Wilbur Ross is positioned with primary responsibility toward the EU and India. Ross clear-cuts through the politics, explains Trump’s objectives amid the trade proposals, and paves a path for U.S. Trade Rep Bob Lighthizer to engage his counterparts.
India has always been a key strategic nation within the global trade-realignment taking place by the Trump administration.  Under all of the banter, the “Indo-Pacific” strategy is structurally the decoupling of the U.S. from China. As a part of the strategy President Trump has positioned the ASEAN (Association of Southeast Asian Nations) as benefactors in manufacturing & trade as an outcome of the U.S. decoupling from China.

However, India has genuine concerns about the global dynamic. Specifically, India is worried about allowing the multinationals to have influence over their economy and social structure. In this regard India is not wrong; their concerns are not unfounded.
We can all see, heck we’ve lived through, massive multinational corporations quickly gaining too much influence; including -eventually- corporate influence over the politics of a nation. That inherently leads to corruption.
When Americans see it in other nations we call it “bribery and corruption”, but when it happens in Washington, DC, we call it “lobbying”; the process is exactly the same.
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President Trump Has Had Enough of Mittens….

Senator Mitt Romney (U-Self), the former presidential candidate of ‘lightly held stances’, while holding a personal financial interest in status-quo China, once again puts himself on the outside of the electorate.  Apparently President Trump has had enough:

Mitt “pompous ass” Romney, is exactly correct.
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Rudy Giuliani: "The Democrats are Covering Up Corruption, Massive Corruption"…

Rudy Giuliani appears on Fox News to discuss the overall Ukraine issue.  Giuliani emphasizes that his investigation was directed toward conduct in 2016, *not* directed toward anything related to the 2020 election.  Mr. Giuliani is a man on a mission.


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Bernie Sanders Campaign Admits 78-Year-Old Suffered Heart Attack – Released From Hospital Today…

The campaign of Bernie Sanders has admitted their 78-year-old candidate suffered a myocardial infarction, another term for a heart attack, three days ago.  Bernie Sanders was released from the hospital earlier today.

Sanders’ doctors, Arturo Marchand Jr. and Arjun Gururaj, said the two stents “were placed in a blocked coronary artery in a timely fashion” and that “all other arteries were normal.” (link)

There is no word on when the candidate may return to the campaign trail, and no explanation as to why the campaign kept the severity of the initial health issue hidden for three days. Mr. Sanders released a video via twitter thanking everyone for their support and warm wishes.
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President Trump Delivers Remarks at Young Black Leadership Summit – Video and Transcript….

Earlier today President Trump delivered remarks at a White House Young Black Leadership Summit.  [Video and Transcript below]


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[Transcript] – THE PRESIDENT: Boy, oh boy. This is a group. So — (applause). So, I’ve been doing this for a long time. That is the loudest I’ve ever heard anything in this room. (Applause.) You just broke the record. Unbelievable.
Well, I want to thank you all. And I have a lot of friends, but — (applause) — and this is a place. 1799 it was built. 1799. Started off with number six — John Adams, President. And so, it’s a long time. It’s the White House, and we love it, and it’s an honor to have you.
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John Ratcliffe: Adam Schiff and HPSCI Committee Majority Must be Disqualified from Investigation…

House Judiciary Rep. John Ratcliffe rightly calls-out the unprecedented sketchy nature of a unilateral impeachment process.  The CIA ‘whistle-blower’ is a material witness in the intelligence committee investigation.  The witness had undisclosed contact with the House intelligence committee prior to filing a complaint.  The Intelligence Community Inspector General did not know about the whistle-blower contact with the committee.
This sketchy assembly of activity makes the HPSCI a fact-witness to their impeachment investigation; a constructed conflict that cannot be allowed. Ratcliffe is correct here:


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Sketchy Inspector General Michael Atkinson Admits 'Whistle-blower' Never Informed Him of Contact With Schiff Committee…

The inspector general for the Intelligence Community is Michael Atkinson. He is very sketchy.  Atkinson was previously legal counsel for the DOJ-NSD during the ‘stop-Trump’ tenure of John Carlin and Mary McCord. As a result, Atkinson was a participant in the weaponizing of the DOJ-NSD via FISA abuse, along with NSA database exploitation and tenuous FARA legal theories used to target political opposition.
In short, Atkinson seems dirty.  At the very least he hangs around dirty characters.
Today, according to Fox News reporter Catherine Herridge, ICIG Michael Atkinson testified the anti-Trump CIA ‘whistle-blower’, likely to be Michael Barry, did not inform Atkinson that Barry and his legal team already contacted staff working for HPSCI Chairman Adam Schiff when he submitted his complaint.  More sketchy.

After he took the complaint, ICIG Michael Atkinson then changed the rules for the ICIG office allowing a second-hand hearsay complaint to be processed.  Again, sketchy.
According to New York Times reporting earlier this week, the ‘whistle-blower’ (likely CIA operative Michael Barry) first tried to push the hearsay claims to CIA management through a colleague.  Fearing CIA management would not take the gossip seriously “the officer then approached a democrat House Intelligence Committee aide, alerting him to the accusation against Mr. Trump.”  Chairman Schiff never told anyone.
Buckets of sketchy.
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Kurt Volker Statement Supports Giuliani – Contradicts Adam Schiff and Impeachment Narrative…

The Federalist was able to gain a copy of the opening statement delivered to congress by Ambassador Kurt Volker.  The statements made by Volker support the outline put forth by Trump lawyer Rudy Giuliani surrounding the initial contact and purposes.
The statement by Volker directly undercuts the narrative spun by HPSCI Chairman Adam Schiff and his attempt to create an impeachment narrative.  Here’s the statement:
[scribd id=428765582 key=key-qZmOFCD6kgjIcMuJBR94 mode=scroll]
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The outline by Volker supports the original story as told by Rudy Giuliani.
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NEC Director Larry Kudlow Discusses September Jobs Report…

National Economic Council Director Larry Kudlow discusses the Sept. Jobs report, the ISM manufacturing and non-manufacturing reports and the next stages of U.S.-China trade negotiations.
Kudlow notes job growth in the Household survey was a stunning 391,000 in September.


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Kudlow also appeared on Bloomberg to discuss similar aspects of the latest reports (below).
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