Earlier today President Trump met with survivors of the attack on Pearl Harbor and the sinking of the U.S.S. Arizona.

[Transcript] 2:51 P.M. EDT – THE PRESIDENT: Thank you very much. Today it’s my distinct privilege to welcome to the White House three of the five living survivors of the USS Arizona. This is their first time to our nation’s capital — Ken, Lauren, and Don. I hope this trip does honor to you and your truly heroic service and we wanted to thank you all. That is so good. Thank you very much. Thank you for giving me the nicest hardware, plus a beautiful patch. Thank you.
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White House Press Briefing – “We’ve received several inquiries on what the President — on his agenda for the past couple of days, so I’d like to read some of that out before I take your questions.”

“He’s had multiple meetings with key economic advisors, particularly on issues of trade, such as Ambassador Lighthizer, Treasury Secretary Mnuchin, Commerce Secretary Ross, NEC Director Gary Cohn, and Director of the Office of Trade and Manufacturing Policy, Peter Navarro.”

The only question is the timing. Now or after NAFTA?  It is better to have NAFTA finished prior to the confrontation? …if so, considering DPRK aspect, what is the better strategy in the space between now and the final conflict?
Remember, this battle is two decades past due and waged on behalf of the forgotten men and women of the middle-class. The purchased legislative body within Washington DC will attack our economic efforts with an intensity never before seen in this century or any century.  There are trillions of dollars at stake; this is the epic battle for middle America.
The administrative state will work earnestly to destroy these efforts on behalf of our enemy.  Along with Wall Street, every multinational corporation and multinational banking institution will be against us.
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The colonies had been in conflict with England for over a year in June of 1776. A Continental Congress convened in Philadelphia on June 7 of that year. Richard Henry Lee from Virginia offered up a resolution with these now famous words:

“Resolved: That these United Colonies are, and of right ought to be, free and independent States, that they are absolved from all allegiance to the British Crown, and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved.”

Lee’s words spurred the drafting of the Declaration of Independence. A committee of five was appointed to draft a statement making the case for the colonies, a statement to the world of the intent and the reason behind that intent.

Members of the Committee were John Adams of Massachusetts, Roger Sherman of Connecticut, Benjamin Franklin of Pennsylvania, Robert R. Livingston of New York and Thomas Jefferson of Virginia. Jefferson took on the task of actually drafting the document as we know it today.

The Continental Congress reconvened on July 1, 1776, and on the following day, the resolution for independence by Lee was adopted by 12 of the 13 colonies, with  New York not voting. Minor changes were made to the Jefferson document.

Work on the document continued through July 3 and into the afternoon of July 4, when the Declaration was officially adopted by the Congress. Of the 13 colonies, nine voted in favor of the Declaration, two — Pennsylvania and South Carolina — voted No, Delaware was undecided and New York again abstained.

As we all know, John Hancock, President of the Congress made his signature large enough for King George to read “without his spectacles.” (more…)

“The core allies were certainly encouraged by the clear narrative by President Trump in Riyadh, and thus decided to address the Qatar-Ikhwan [Muslim Brotherhood] problem. The speech changed the narrative.” ~ Walid Phares

According to a Fox News Exclusive report, the President Trump administration is considering a Camp-David style Arab peace summit.   Those who have followed the administration’s structural activity all year will see this as a natural progression of events within the alliance formed by President Trump and the Mid-East coalition.

The four major allies within the growing alliance, Egypt, Saudi, UAE and Bahrain, as well as other moderates supportive of the larger objectives to restore stability, are currently engaged in a campaign to change the outlook of Qatar and stop their support for the Muslim Brotherhood.  A peace summit around their united efforts, with the support of President Trump, would follow a logical path.

The media will go bananas at the thought of such a consequential accomplishment.

(Via Fox News) President Trump is considering calling a Camp David-style summit to address growing tensions among long-established U.S. allies in the Arab world and renew his call for those nations to confront the “crisis of Islamic extremism,” Fox News has learned.

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Jordan’s King Abdullah III becomes the latest Arab leader to denounce Qatar and join the growing diplomatic boycott of the Islamic extremist sympathizers.

Jordan will downgrade its diplomatic representation with Qatar, it said on Tuesday, standing with several Arab powers that have cut ties with the tiny Gulf state.

The decision was made after Amman examined the “cause of the crisis” between Doha and the other Arab states, government spokesman Mohammed al Momani said.

He added that Jordan also revoked the TV license for Al Jazeera, Qatar’s influential state-owned satellite channel.  (link)

What we are seeing unfold is a seismic shift in Arab sentiment away from the extremist Muslim Brotherhood.  This action is 100% the result of months of careful diplomacy between the Trump Administration and members of the Gulf Cooperation Council in a modern coalition to confront political Islam and the extremist messaging that results in terrorism.

The U.S. and Western Media never reported on the frequency of high diplomatic engagement by President Trump in the lead-up to his historic visit to Saudi Arabia.  It is specifically because of this willfully blind and intentional void in prior diplomatic understanding that most media are missing how this approach was constructed.

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At The Israel Museum, accompanied by his wife, Melania, and daughter and son-in-law Ivanka Trump and Jared Kushner, President Donald Trump laid a wreath of remembrance to honor the memories of those lost during the holocaust.

Together with Prime Minister Benjamin Netanyahu, President Trump and our First Lady were accompanied by two United States Marines in formal dress in honor of the dead.  A very moving ceremony:

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President Donald Trump Participates in Arrival Ceremony with Palestinian Authority President Mahmoud Abbas in Bethlehem.

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The Saudi people and the Kingdom of Saudi Arabia are very proud of what they were able to accomplish during this historic visit by President Donald Trump to the summit of a united Arab coalition. (Summit Production Video):

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The entire region should be proud.

Despite the popular western dismissive media narrative, the summit was a resounding success. Beyond the royal pageantry, we can only imagine the internal anxiety if our beloved America was defined by the abhorrent behavior of the Westboro Baptist Church.

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In January of 2015 Egyptian President Abdel Fattah al-Sisi began a journey of peace by asking the holiest and most influential Islamic Scholars in the Arab world to join him in stepping away from the noise of extremist voices and engaging in long-term introspective review of their Islamic faith.  President al-Sisi called for a religious revolution to focus Islam toward a future of peace.  The engaged Dar al-Iftaa scholarly audience erupted in applause.

President al-Sisi stood up, resolute, spoke of large truths with bold leadership, and took great risk upon himself.  After the speech a coalition of like-minded voices began to grow in number and consequence.   That moment became the pebble dropped in the shoe of the Arab leadership of consequence – the emphasis shifted toward peace.

That influential speech, and more importantly the leadership of all joining member states, including the praise of King Abdullah of Saudi Arabia before his untimely death, paved the way forward toward this upcoming weekend.   King Abdullah’s successor, his brother King Salman, is now positioned to put his own footprint in history.

All of the necessary elements, many of them taking years to organize, are aligned in common purpose for this specific moment in time.

More than a dozen heads of state from Arab and Islamic nations have been invited by Saudi Arabia’s King Salman to attend the conference with President Trump including: Abdel Fattah al-Sisi (Egypt), King Abdullah III (Jordan), Muhammad Fuad Masum (Iraq), Mamnoon Hussain (Pakistan) and all six members of the Gulf Cooperation Council (Bahrain, Oman, Kuwait, Qatar and the UAE).  All are expected to be in attendance.

We are living in one of those rare moments when we are fortunate enough to see the building blocks of historic enterprise being erected while we watch.  The results of these next several days will shape how our children view the landscape of the middle east in all the years to come.

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One of the reasons CTH writes about economic matters because constructing economic prediction theories based around political policy is a hobby of mine.  Within obscure data, raw and unfiltered up-stream activity, it is entirely possible to see over the horizon.

But newly engaged people also think I’m nuts; so therefore it is also fun conversation at parties to stand above the esoteric academic fray, smile and outline actual forecasts –very specific forecasts– that most would never consider possible from a linear perspective.

People pay a boat-load of money for proprietary ownership of very accurate forecasts.  However, CTH would rather do it open source and break the historic grip of the financial control class.

If you’ll permit me a little Funday indulgence; the other reason to share predictable consequences is so patriotic readers can take a pro-active and empowering position in their own decision-making.  That motive was one of the reasons for previously sharing:

[…]  Until the two economies gain parity – any fed activity, taken as a consequence to their familiar traditional measurements (interest rates etc.), will have minimal to negligible impact on Main Street.

• Regional areas which benefited from high yield and high rates of return from Wall Street, ie. investment benefactors, will begin economic contraction. The downstream effect on state finances, and the retail and high-end service industry will also be negatively impacted.

• However, industrial areas/middle-class areas, with affordable housing and reasonable infrastructure, which have suffered in the past 20+ years, will see home values increasing as the local economy expands.

National policy (Trump Policy) which benefits Main Street also benefits local economics which are founded in manufacturing, production, and ancillary services.  In essence, the Middle-Class.

Those who benefited from high-yield international investment income will see less income.  Those who live on savings will see a moderate benefit.  However, those living day-to-day and week-to-week on their paychecks will see much more income.  Believe it. (link)

Now check out this headline from AP today discussing Connecticut:

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