Incredible. President Trump has once again showed incredible political instincts as he defines his opposition. Watch this, stay with it, and it all comes together:
An article from Reuters discussing the position of the International Monetary Fund (IMF) is interesting. Essentially the IMF is warning that “global economies” will contract by $455 billion next year due to the ongoing trade conflict between the U.S., China, the EU and to a lesser extent, Japan. Yes Alice, there are hundreds of billions at stake.
There’s really no reason to doubt the amount estimated, though I think it’s on the short side, but the yearly value seems in line. I have no doubt President Trump will cost the “Global Economy” $455 billion…. because that money will be transferring back to the America First economy. That’s what happens as MAGAnomics reverses the IMF trade (wealth distribution) model.
The IMF is correct in part (the effect), incorrect in part (the cause), and mostly hypocritical. The Euro-minded IMF rails against the high value of the U.S. dollar, but simultaneously ignores the motives behind the intentional devaluation of currencies that are pegged against the dollar.
WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, the Japanese yen and China’s yuan were seen as broadly in line with fundamentals.
RNC ad highlights the intense calls to violence from the congressional anarchy caucus.
The Commerce Department has released the first advanced estimate of retail sales and consumer spending for June. Core retail sales increased 0.7 percent last month (very strong), and 3.8 percent year-over-year; very strong retail sales.
Retail sales is an important component to the U.S. economy as more than two-thirds of our GDP is based from retail sales. In essence, one of the unique attributes to the U.S. economy is that we buy lots of stuff. Actually, the U.S. consumer buys almost three-quarters of everything produced. We are -for the most part- self-sustaining; we do not necessarily need to depend on exports. When the U.S. consumer is buying stuff the internal economy is strong.
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment.
[…] Economists polled by Reuters had forecast retail sales edging up 0.1% in June. Compared to June last year, retail sales advanced 3.4%.
The motives for Pelosi, Nadler and Schiff to call-up former special counsel Robert Mueller are transparently obvious. The committees are hoping to weaponize Mueller’s appearance to attain a political edge; and that’s why committee staff have spent weeks in detailed coaching and strategy sessions with Robert Mueller and his Lawfare team members.
House Judiciary Committee ranking member Doug Collins discusses the political collusion between Mueller, the DOJ/FBI “small group” and the House committee chairmen.
Pelosi, Nadler and Schiff have constructed the rules so there’s only one hour of open hearing, and one hour of closed-door testimony, per committee? C’mon man !! Their purpose to protect Mueller from questions about the corrupt investigation is stupidly visible.
In a stunning press conference today U.S. House Speaker Nancy Pelosi explains why she she has taken no action to curb the illegal immigration influx into the U.S.
While explaining why she will not allow congress to debate, change or modify U.S. immigration laws, Pelosi outlines how the United States is part of a global society, without borders and without any sovereign right to impede the “human society” from entering our nation. Therefore, according to her outlook and worldview, U.S. politicians have no right to stop any migration movement.
The next round of Democrat primary debates are scheduled for July 30th and 31st, hosted by fake news CNN. Narrative engineers Dana Bash, Don Lemon and Jake Tapper will hold DNC responsibility for elevating candidate Kamala Harris, and once again undermining Crazy Bernie; sans Donna Brazille and those “damn emails” 2019.
(Via CNN) The window to determine debate eligibility closes on July 16, and candidates will be informed the next day if they will be invited to participate in Detroit. On July 18, CNN will air a live draw to determine the specific candidate lineups for each debate night.
The campaign representatives also learned on Tuesday that candidates will be given 60 seconds to respond to a moderator-directed question, and 30 seconds for responses and rebuttals. In addition, the campaign representatives were told:
(more…)
President Trump attorney Rudy Giuliani appears on Fox News with Laura Ingraham to discuss the 2020 democrat candidates; the upcoming appearance by Robert Mueller; the recent arrest of Jeffrey Epstein and the race-baiting of Nancy Pelosi:
Attorney General William Barr discusses the shift in DOJ approach to support President Trump’s request to put the citizenship question on the 2020 census; also his support for Robert Mueller if the special counsel should change his mind and not testify on July 17th to the House Intelligence and Judiciary committees.
One of the more unique aspects of having a genuine “people’s president”, are the unscripted moments when a generally invisible ordinary American is provided the opportunity to share their perspective. Mr. Bruce Hrobak from Billy Bones Bait and Tackle of Port St. Lucie, did exactly that today in the White House. [Watch]