Secretary of Treasury Steven Mnuchin appears on Sunday Morning Futures with Maria Bartiromo to discuss the ongoing tax reform initiative.

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Israel’s Prime Minister Benjamin Netanyahu appears with Mari Bartiromo to discuss the Iranian nuclear agreement and specifically President Trump’s call for revised security terms.
For those who travel through the deep geopolitical grass, this interview is particularly important as Netanyahu outlines the ‘why now’ aspect.  Note specifically how the Prime Minister frames the economic leverage strategy we have discussed –Backstory Here– and how the regional allies President Trump has assembled are all in concert with the larger objectives.  It’s actually a little surprising to see Netanyahu ‘out’ the Big picture.

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In the background, and as a direct counter to how President Trump is using the Trump Doctrine of economic leverage, you will note that China, Russia, Iran and other state adversaries are creating a financial network to avoid their exposure to U.S. trade currency leverage.  Their strategic action is what’s driving up the value of crypto-currencies like Bitcoin as tools to avoid Trump’s leverage and Secretary Mnuchin’s aligned economic policy influence.
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Secretary of State Rex Tillerson appears on CBS Face The Nation with John Dickerson to discuss the Iran Nuclear Deal (JCPOA).  The ideology of Dickerson puts him in a defensive posture on behalf of Iran.  Meanwhile T-Rex talks common sense.
The interview also encompasses the strategy to denuclearize North Korea and China’s role therein.  The value in this interview comes toward the latter half where the relationship of Secretary Tillerson and President Trump is discussed and how the interplay is part of the larger strategic objectives.  “It’s a strategy we’re not going to share with anyone, as the president has said”… etc.

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One of the more anticipated interviews this weekend is Secretary of State Rex Tillerson discussing the Iran Nuclear Agreement (JCPOA) with the insufferable Jake Tapper.
One of the things noted from both Trump’s national speech on Iran, and Tillerson’s statements this morning, is open and unusually visible public support for the “Green Movement” (political opposition) in Iran.

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Just because western media doesn’t understand how President Trump executes a geopolitical strategy based on economic leverage, that doesn’t mean adversaries are not fully aware of the effectiveness of the approach.
The Trump Doctrine has two avenues toward dealing with national security adversaries.
The first route is direct assignment of responsibility toward the enablers: see China for North Korea; The Gulf States for Qatar (Sunni extremism); Russia for Syrian terrorism (Assad); and Pakistan for Afghanistan (Taliban); as recent examples.

However, when the geopolitical threat stems directly from the enabler, and not the enabled, the Trump Doctrine has a distinctly different and far more encompassing, approach.  Route two goes through leveraging regional allies and partners: See ASEAN and India for ¹China; and France, Poland, Baltic States for ²Russia.  And now President Trump is beginning to shift toward ³Iran.
In each case: China, Russia and Iran, unlike Western media, these powers assemble volumes of research to assist them in understanding the most likely sequence of events President Trump will take.
When we say volumes of research, we indeed mean hundreds of people researching and drafting position documents based upon every scintilla of every deal Donald J Trump has engaged in.  No expenses are spared as these state actors assemble information toward their own strategy to counter the most unpredictable adversary they have faced.
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The governing board of the Academy of Motion Picture Arts and Sciences has decided to kick out recently exposed rapist and sexual deviant Harvey Weinstein.  All currently non-exposed sexual deviants and rapists remain protected in Hollywood. Announcement:
“The Academy of Motion Picture Arts and Sciences Board of Governors met today to discuss the allegations against Harvey Weinstein, and has voted well in excess of the required two-thirds majority to immediately expel him from the Academy.
We do so not simply to separate ourselves from someone who does not merit the respect of his colleagues but also to send a message that the era of willful ignorance and shameful complicity in sexually predatory behavior and workplace harassment in our industry is over.
What’s at issue here is a deeply troubling problem that has no place in our society. The Board continues to work to establish ethical standards of conduct that all Academy members will be expected to exemplify.”  ~ Hollywood

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Prior to the 2016 election (Oct ’16) consumer confidence measured by the University of Michigan was indexed at 87.2  Today that same confidence rating is 101.1  A stunning 15.9% increase.  Similarly, consumer expectations were indexing 76.8 in October 2016 and now stand at 91.3, an increase of 18.9%.

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Consumer confidence is at the highest level since 2004 and Americans have the brightest outlook for their economic future in decades.  The MAGAnomic data is clear. Yet even those who assemble the data interpret MAGAnomics with some false assumptions.

Nonetheless, consumers anticipate low unemployment, low inflation, small increases in interest rates, and most importantly, modest income gains in the year ahead. [True]
It is this acceptance of lackluster growth rates in personal income and in the overall economy that signifies that consumers have accepted, however reluctantly, limits on the pace of improving prospects for living standards.  [False interpretation]

With lowered costs associated with highly-consumable, albeit non Fed measured products (fuel, food, energy), average living standards actually increase.  It is a false interpretation of data to say consumer confidence/expectations are at the highest levels in fifteen years, and simultaneously say people have resigned themselves to stagnant living standards.
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This is a great interview from the perspective of seeing first hand how the disconnect between historic economic theory (Kudlow) runs into the reality of a person (Ross) who completely understands how Trade and Finance are enmeshed in a completely new economic paradigm. [The Myth of Modern Free Markets]
If you have read “The New Economic Dimension” you’ll note that Kudlow represents the economist sitting in the Atlantic, only able to see the Wall Street economy; while Wilbur Ross has a satellite perspective on both the Main Street and Wall Street economic engines.
Kudlow’s financial perspective runs into Ross’s reality about two-thirds of the way through the interview when Secretary Ross asks the question: “I bet you can’t give me an example of an economically sound investment that hasn’t found capital”.  It’s just a splendid thing to watch.

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Despite his financial-centric economic focus Kudlow is a good MAGA ally.  However, Wilbur Ross understands every single pixel of the larger economic picture, and how trade interacts with the larger U.S. economy within the Main Street -vs- Wall Street dynamic.
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On August 22nd, 2017, President Trump began a very familiar process toward Pakistan within the foreign policy approach known as the “Trump Doctine”: the accurate ownership of responsibility by honestly calling out the historic nature of the relationship.
The approach toward the Taliban through the enablers in Pakistan followed an identical pattern: ♦noted in the Muslim Brotherhood’s enabling via Qatar; ♦noted in Assad’s enabling via Russia; ♦noted in North Korea’s enabling via China.
In each example President Trump positions his chosen policy leverage toward the enabler, toward the root cause, and not direct confrontation with the symptom.  The results from this approach are quite remarkable.
Well, today:

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After reviewing the latest press conference by Las Vegas Sheriff Joseph Lombardo a few issues rise to the surface.   America doesn’t need tears – America needs answers.
First, on the matter of Lombardo’s defensive act, and anger toward people creating alternate theories to reconcile their official contradictions. It is ridiculous for law enforcement (2 weeks post shooting) to claim they want the public’s help, and yet simultaneously hold press briefings where they refuse to answer questions.

If they want the “alternate theories” to stop – then simply deliver honest and accurate information.  It has been two weeks.  For the FBI and LVMPD to claim they cannot yet present a valid and reasonable sequence of events in the worst mass shooting in U.S. history is abjectly indefensible.  Apparently the internal definition of “public servant” has been lost.
If there are, as continually claimed, NO ADDITIONAL “subjects of interest”, or “additional actors”, in the crime – there is no reasonable excuse for not providing information.
It then becomes further ridiculous for the same sheriff to direct his ire against those who seek information from law enforcement, yet simultaneously claim a desire for transparency and refuse to answer reasonable questions.   These mutually exclusive statements and behaviors do not reconcile.
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