Ohio Representative Jim Jordan discusses President Trump’s record with the insufferable Neil “eeyore” Cavuto.
Jim Jordan’s Ohio district is home to one of the largest U.S. manufacturing regions in the country. If there is any representative who understands how MAGAnomics is providing benefits to the heartland middle-class it’s Jim Jordan.
Well, there it is. Quietly within the deliberate words from Vice-President Mike Pence a revelation that explains the origination of the Central American invasion force. For those who are not deep in the geopolitical weeds, the subtlety can pass unnoticed; for those who travel within the deepest international conflicts, Pence’s words here are as subtle as a brick through a window:
[…] “Financed by Venezuela; and sent North to challenge our sovereignty and our border”…
[wpvideo tXWLlFMs]
Announcing the migrant caravan is “financed by Venezuela” is a direct notification the Central American invasion force is being funded by Russia and China. Venezuela doesn’t have any money to sustain its own operational government – let alone a 10,000 person convoy. Venezuela is entirely reliant upon massive investment from Russia and China.
In fact China owns 49% of Venezuela’s state run PDVSA energy production. A collateral system where Beijing takes oil as payment for prior loans the Maduro regime cannot pay back. With the crippling treasury department sanctions President Trump put on Venezuela last year, Trump has punched Maduro and Xi-Jinping hard. (more…)
As expected the government of Mexico put up token resistance at their southern border (video laughable) and allows thousands of economic migrants passage to the U.S. Mexico border.
Rebuking the strongly worded demands of President Trump and Secretary of State Mike Pompeo the insufferable Mexican Foreign Secretary Luis Videgaray tells media his country will now call on the United Nations to intervene. Yes, it’s up to the U.N. now….
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This is a transparently constructed political operation; with the migrant arrival timed to arrive at the U.S-Mexico border at the same time as the 2018 midterm election.
CTH has followed this for several years and below you will find a comprehensive time-line of the issue along with full historic citations and documents, and all the evidence of the financial motives behind much of the activity. (more…)
Very funny: “President Trump’s policies have re-jiggered the incentive system in the economy.” …Well, that’s a slightly different wording than CTH has used since 2016, but what Mr. Kudlow is highlighting is how POTUS has uncoupled the U.S. economic engine from Wall Street investment and re-coupled it to Main Street investment. [Go Deep]
Then comes the funniest pundit question ever…. “where is this disconnect coming from?”
Too funny. Long-term CTH readers likely joining me in laughing at the predictability of it all. [“Disconnect” January 2016] or [“Disconnect” July 2017]
National Economic Council Chairman Larry Kudlow appears on Sunday Morning to talk about the U.S.MCA agreement; the state of the economy; and the ongoing MAGAnomic efforts within restructured trade deals.
Ms. Maria Bartiromo knows the weeds, and is smart enough to see the new dimension within an economy as it moves away from Wall Street toward Main Street. Kudlow discusses the surfacing MAGAnomic evidence within wage growth and blue-collar benefits. The conversation then goes international. Good discussion.
The Koala even gets a little cross about China…
Hammer it home Pete, keep hammering it home. “U.S. Economic Security is U.S. National Security”; and by extension global security. Those words were first spoken by Commerce Secretary Wilbur Ross to an international audience at Davos in 2017.
In the almost two years since first proclaimed, President Trump and the economic team have been executing economic policy to hit on this key message. Trade deals, internal regulatory policy, tax policy, monetary policy, education policy and modern workforce initiatives are all inherently tied together to ensure U.S. National Security.
In the big picture President Trump is earnestly focused on rebuilding the American middle-class because the blue-collar and white-collar middle-class jobs are the heart of the American economic security. All of these policies are connected to the middle class because it is the middle class that strengthens America.
This is an important conversation. Learn it, teach it. Spread the importance of it:
U.S. Agriculture Secretary Sonny Perdue discusses the U.S. Mexico-Canada trade agreement and the positive impacts for U.S. farmers with increased open markets.
About two-thirds of the way through the interview the national FEMA alert message was tested. Secretary Perdue cracks me up: “I get those presidential alerts in a different way”…
Biggest U.S. Trade Win in the History of all U.S. Trade Constructs !
I’m still going through the USMCA text (even speed reading, it will likely take a while); here’s the link to the AGREEMENT DETAILS. However, many people have asked about how the NAFTA loophole was being closed.
Well, the answer is exactly what it had to be – there was really no option. The U.S. now has veto authority over any trade deal made by Canada and/or Mexico with third parties. This is what Ambassador Lighthizer described as the “Third pillar”.
Last year, despite the inevitability of it, we didn’t think Canada and Mexico would agree to it. The NAFTA loophole was/is a zero-sum issue: Either Can/Mex agree to give veto authority to the U.S. –OR– President Trump had no option to exit NAFTA completely.
Well, Canada and Mexico have agreed to the former, so there’s no need for the latter.
National Economic Council Director Larry Kudlow discusses administration’s new trade agreement with Canada and Mexico. Chairman Kudlow also discussed the trade negotiations between the U.S. and China.
U.S. Commerce Secretary Wilbur Ross gives an interview to Fox Business Maria Bartiromo and discusses the United States-Mexico-Canada Agreement (USMCA). Secretary Ross notes the gains in e-commerce and the dairy industry. Also worth noting, the Steel and Aluminum tariffs remain in place.
