The Wall Street pundits are having a harder time pushing their recessionary economic narrative while the results from Main Street continue to beat expectations.  Two data points continue to highlight the strength of Main Street: Home Sales and Wage Gains.

President Trump’s MAGAnomic policies are focused on delivering results to the middle-class worker and family.  The middle-class American is the engine for a Main Street economy.  Growing the middle-class is the key to strengthening the U.S. economy and blocking negative global economic influence.  Growing the middle-class is how the U.S. economy continues to be self-sustaining. [We buy/use 80% of our own production.]
Today The National Association of Realtors released data showing existing home sales rose 2.5% to a seasonally adjusted annual rate of 5.42 million units in July.  Forecasters only expected 5.39 million units.  The U.S. Main Street housing market is very strong.

Because the results defy pundit expectation, Reuters has to ignore the strength of Main Street and put the Wall Street spin on the results.  The efforts to keep pushing a negative economic narrative are intense [Trillions At Stake]:

WASHINGTON (Reuters) – U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift toward lower interest rates was supporting the economy.

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The latest CNN tracking poll shows the top five haven’t changed. However, Joe Biden increased by 7 percent from the previous poll (was 22%, now 29%); and the biggest loser is Senator Kamala Harris who dropped a whopping 12 percent (was 17%, now 5%).
Sleepy Mumbles is leading the pack nationally with 29% support.  The communist Sanders is barely holding on to second place with 15%; and is being challenged by socialist Warren with 14%.  Pete Buttigieg and Kamala Harris round out the top five with 5 percent each.

[Poll Data pdf Here]

The next round of democrat primary debates will take place in Houston, Texas, over two days on September 12-13, 2019. The debate is limited to 20 candidates with 10 candidates participating each night. As of August 20, 2019, 10 candidates had qualified for the debate: Biden, Buttigeg, Booker, Castro, Harris, Klobuchar, O’Rourke, Sanders, Warren and Yang.
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During an oval office press conference today, President Trump took several questions about China and the U.S. trade confrontation.  After receiving the third question, on the same subject, President Trump paused and then went deep into the heart of the issue.
The question was: ” Mr. President, you keep insisting that your trade war with China — the trade war with China is not affecting the U.S. economy. But a lot of economists disagree with that. And they worry that if China goes into a recession, they’ll pull us down with it.”
Here is President Trump’s response:

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[Transcript] … PRESIDENT TRUMP: Well — well, okay. Let me — let me tell you something. Number one, we’re doing very well as an economy. But somebody had to take China on. You know, I read and I see so much and I read so much, and I’ll see these economists saying, “Oh, give up. Give up on China. Give up.”
China has been ripping this country off for 25 years — for longer than that. And it’s about time, whether it’s good for our country or bad for our country short term. Long term, it’s imperative that somebody does this because our country cannot continue to pay China $500 billion a year because stupid people are running it.
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Earlier today President Donald Trump welcomed President Klaus Iohannis of Romania to the White House.  During the Oval Office media availability by both leaders President Trump took multiple questions from U.S. media. [Video and Transcript Below]

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[Transcript] – PRESIDENT TRUMP: Well, thank you very much, everybody. It’s an honor to be with the President of Romania, who’s highly respected and done a great job. And I hear there’s a little political season going on in Romania, but I would imagine you’re going to do very well because you’re very talented, you love the people.
And we’ve had a great relationship with Romania. The United States and Romania have gotten along better than ever before. So, I want to thank you for that.
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Facebook has banned any ads from the Women For Trump movement because they target support from “Women” for Trump.

Facebook has removed President Trump’s pro-women re-election advertisements, according to reports from tech site Gizmodo, as well as the left-wing Popular Information blog that reported a “violation” of Facebook’s terms and conditions.
Facebook policy states advertisers may not have “direct or indirect assertions or implications” about race, ethnicity, gender and sexual identity, religion, or financial standing. So the Women For Trump advert was banned… for referring to women.  (read more)

Italy is one of the key economies within the EU. In the past several years, driven by both economic challenges and unfettered immigration challenges, the populist revolt has gained ground. Interior Minister Matteo Salvini, a nationalist-minded politician, has won the hearts of Italian voters.  Matteo Salvini is a proud Italian populist.
Several months ago Matteo Salvini challenged current Prime Minister Giuseppe Conte to hold a snap election; and followed-up with continued pressure on the Italian government by advancing populist positions of economic patriotism, sovereignty and tougher immigration rules.

Amid a revolt against globalism writ large, it was not accidental that Nancy Pelosi traveled to Italy recently with a coalition of U.S. leftist politicians to organize a strategy to fend-off Salvini and assist Prime Minister Conte. Pelosi is an opportunist. Part of the plan for Conte to hold power was a shift within his party (Five Star Movement or 5sM) to form an alliance with the Italian left-wing Democratic Party (Pelosi’s ideological allies).
To pull off their plan, Conte and the Democratic Party would align; Conte would then resign and hold the snap election where 5sM and the far-left Democratic party would re-elect him. This approach would strategically counter the 36 percent of support currently held by Matteo Salvini (the League). Today Giuseppe Conte resigned.

(Wall Street Journal) […] Prime Minister Giuseppe Conte announced his resignation in a speech to the Senate on Tuesday, blaming far-right Interior Minister Matteo Salvini for causing a political crisis as Italy looks to draw up a challenging budget to keep its parlous finances on track.

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According to the White House:

President Donald J. Trump spoke by telephone with Prime Minister Boris Johnson of the United Kingdom earlier today to discuss a wide range of trade and economic issues. Prime Minister Johnson also provided the President with an update on Brexit. The President expressed great enthusiasm for his upcoming meeting with the Prime Minister at the G7 Summit in Biarritz, France. (link)

The G7 is being held August 24th – 26th.  The word of a tentative post-Brexit U.S-U.K trade agreement was first released last week. The potential construct has the assembly of mutual benefit and follows a plan previously recommended by President Trump to Prime Minister Theresa May.
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CTH suspected this was going to happen. This was predictable if you have followed the fracture between Main Street (Trump) and Wall Street (multinationals).  Remember, there are trillions at stake.  This news today is part of the battle.
Here’s the cut through the BS motive behind the multinational association of Business Roundtable CEO’s (these are all pure Wall St.) suddenly saying “social responsibility should be put above profit“…

NEW YORK (Reuters) – Top CEOs say companies should put social responsibility above profit.  Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday.
The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.S. companies, including the CEOs of Amazon.com Inc (AMZN.O), American Airlines (AAL.O), the largest airline in the world; and JPMorgan Chase & Co (JPM.N), the biggest American bank.

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“Operation Fear” is the globalist, multicultural, left-wing operation aimed at trying to stop Brexit by any means necessary.   The promoters of Operation Fear include almost all EU and British media along with U.S. political EU allies such as Nancy Pelosi, the Big Club Republicans, Wall Street multinationals and the U.S. Chamber of Commerce.
We are moments away from watching all of the U.S. Democrat presidential candidates deliver their narrative enhancement aimed at supporting the collectivist argument.  No  threat is as significant to their ideological interests as deglobalization, nationalism and the sovereign respect for self-determination.  [See: U.S. Rivkin Project roadmap]

Against the October 31st Brexit deadline, Operation Fear is about to go into fully weaponized narrative distribution.  Predictably the deployment will likely be the largest psychological war carried out in the modern era.
Understanding how Operation Fear is carried out in Sept/Oct will prepare U.S. voters for a similar deployment in the 2020 presidential race.  As a consequence what is about to happen in Great Britain is well worth paying close attention to.

LONDON (Reuters) – British Prime Minister Boris Johnson will deliver his message on Brexit to French President Emmanuel Macron and German Chancellor Angela Merkel during visits this week, a government spokeswoman said on Monday.

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Link to Graphic with Explanation HERE

When we see that justice is measured, not by due process, but by compulsion (Mike Flynn); when we see that in order to invoke our sixth amendment right to due process, we need to obtain permission from men who rebuke the constitution (FISA Court); when we see that justice is determined by those who leverage, not in law, but in politics (James Comey); when we see that men get power over individual liberty by graft and by scheme (Robert Mueller), and our representatives don’t protect us against them, but protect them against us (SSCI); when we see corruption holding influence and individual liberty so easily dispatched and nullified (Eric Holder); we may well know that our freedom too is soon to perish…

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