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The Line Holds – Speaker Pelosi Drops Plan For House FISA Reauthorization Vote…

After President Trump announced he would veto any FISA reauthorization bill, without a full investigative review of prior FISA abuse so that legislation could be created specifically to fix the severe flaws in the process, House Speaker Nancy Pelosi has dropped the vote for FISA reauthorization:

WASHINGTON (Reuters) – The House of Representatives on Thursday dropped consideration of legislation that would have extended U.S. surveillance tools, after President Donald Trump threatened a veto and his fellow Republicans withdrew their support.

“The two-thirds of the Republican Party that voted for this bill in March have indicated they are going to vote against it now,” Representative Steny Hoyer said in a statement on Thursday, after a vote on the measure was unexpectedly postponed late on Wednesday.

House Speaker Nancy Pelosi sent a letter to members of the Democratic caucus saying she intends to hold negotiations with the Senate on a possible compromise bill that could be passed and sent to Trump.  (read more)

A little background context is needed.  In November of 2019 buried deep in the congressional budget Continuing Resolution (CR) was a short-term extension to reauthorize the FISA “business records provision”, the “roving wiretap” provision, the “lone wolf” provision, and the more controversial bulk metadata provisions [Call Detail Records (CDR)], all parts of the Patriot Act.

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BREAKING: President Trump Vows to Veto FISA Reauthorization if Passed…

Moments ago President Trump tweeted he will veto the House FISA re-authorization if it is passed without first investigating and exposing prior FISA abuses committed against his prior election campaign and administration:

The House of Representatives is scheduled to vote by proxy on the FISA re-authorization previously passed by the Senate.  No-one has any idea if the FISA vote will actually pass the House and it appears most republicans are positioned to vote against it.

Lou Dobbs discusses the issues with Representative Jim Jordan shortly before President Trump tweeted his intent.  WATCH:

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These developments come on the heels of increased sunlight into the corrupt purposes and intents of Obama-era intelligence officials and how they weaponized their authorities to target the Trump administration starting with National Security Advisor Michael Flynn.

[…] It was the FBI, not the NSA, that wiretapped Kislyak’s calls and created the summary and transcript, the former officials said. (link)

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The Key Reason DC Hates President Trump – It’s a Big Club, and He Ain’t in It…

Something 99% of American voters do not understand.  Congress doesn’t actually write legislation. The last item of legislation written by congress was sometime around the mid 1990’s. Modern legislation is sub-contracted to a segment of operations in DC known as K-Street.  That’s where the lobbyists reside.

Lobbyists write the laws; congress sells the laws; lobbyists then pay congress commissions for passing their laws. That’s the modern legislative business in DC.

CTH often describes the system with the phrase: “There are Trillions at Stake.” The process of creating legislation is behind that phrase. DC politics is not quite based on the ideas that frame most voter’s reference points.

With people taking notice of DC politics for the first time; and with people not as familiar with the purpose of DC politics; perhaps it is valuable to provide clarity.

Most people think when they vote for a federal politician -a House or Senate representative- they are voting for a person who will go to Washington DC and write or enact legislation. This is the old-fashioned “schoolhouse rock” perspective based on decades past. There is not a single person in congress writing legislation or laws.

In modern politics not a single member of the House of Representatives or Senator writes a law, or puts pen to paper to write out a legislative construct. This simply doesn’t happen.

Over the past several decades a system of constructing legislation has taken over Washington DC that more resembles a business operation than a legislative body. Here’s how it works right now.

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Supreme Court Blocks House Democrats From Mueller Grand Jury Material – Pending DOJ Application for Writ…

For more than a year the House Judiciary Committee (HJC) led by Chairman Jerry Nadler has been seeking: (1) Mueller grand jury material; (2) a deposition by former White House counsel Don McGahn; and  (3) Trump financial/tax records.  Each of these issues have slowly worked their way to the Supreme Court.

Today, in the first step to take up the grand jury issue, the Supreme Court has placed a stay on a divided lower court ruling to grant the HJC access to Mueller’s grand jury material:

While the stay is only temporary, pending the DOJ requesting a writ of certiorari for the Supreme Court to take up the 6(e) grand jury issue, it is very likely the DOJ will make the request; and also likely the Supreme Court will take up the case.

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Nuts – Los Angeles Will Keep Stay-Home Order For Another Three Months…

This is nuts.  According to the Los Angeles Times city officials plan to keep the stay-at-home order in place for an additional three months.  However, this decision does provide further evidence the deep blue regions plan on maximizing economic damage.

The odd dynamic is…. without a massive local bailout, and funding for the citizens who are on lockdown, how could they possibly even attempt to pull this off?  Is this LA plan of action dependent on Pelosi’s brand new scheme for a $3 trillion spending package?

CALIFORNIA – Los Angeles County’s stay-at-home orders will “with all certainty” be extended for the next three months, county Public Health Director Barbara Ferrer acknowledged during a Board of Supervisors meeting on Tuesday.

Ferrer, though she didn’t issue an official order, said that timeline would only change if there was a “dramatic change to the virus and tools at hand.”

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Wall Street Multinationals Exploit Coronavirus Pandemic To Demand Tariff Removal…

Wall Street’s U.S. multinationals moved the majority of U.S. apparel manufacturing to southeast Asia for the past several decades; as a result they virtually wiped out major apparel hubs in the United States.  Now those same multinationals are claiming their production shift to making masks and PPE in China means the tariffs on imports should be lifted; and they are sending their corporate lobbyists into DC to pitch that message.

Nonsense.

There are no tariffs on U.S. healthcare products made in the USA.  If the apparel industry wants to avoid tariffs, then bring the manufacturing back home.  Critical manufacturing in the United States is what U.S. consumers of those and other goods want.

President Trump should not lower tariffs on imported PPE, he should actually raise those tariffs as high as needed to shift that manufacturing back to the U.S.

The time is now to wage battle against the Wall Street manufacturers & K-St lobbyists.

WASHINGTON (Reuters) – The Trump administration is “turbocharging” an initiative to remove global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak, according to officials familiar with U.S. planning.

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NEC Director Larry Kudlow Discusses Reports About White House Punishing China…

National Economic Council Director Larry Kudlow appears on CNBC to answer growing questions about whether there is a White House plan to punish China.  Kudlow is careful to tamp down any specific reports, while affirming there will be retaliatory measures.

Additionally, Director Kudlow discusses the status of the economy, the current claims under the Payroll Protection Program, and what efforts might yet come.

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Oh Dear, Kentucky Representative Thomas Massie Touches the Third Rail – Reveals DC’s Biggest Secret…

With congress saying they will not be returning to work next week, it appears Kentucky representative Thomas Massie has decided to use the opportunity to expose Washington DC’s biggest secret.  Something 99% of American voters do not understand:

Oh dear, he’s telling secrets.  You see, congress doesn’t actually write legislation.  The last item of legislation written by congress was sometime around the mid 1990’s.  Modern legislation is sub-contracted to K-Street.  Lobbyists write the laws; congress sells the laws; lobbyists then pay congress commissions for passing their laws.  That’s the modern legislative business in DC.

CTH often describes the background DC motives with the phrase: “There are Trillions at Stake.” The process of creating legislation is behind that phrase.  DC politics is not quite based on the ideas that frame most voter’s reference points.

With people taking notice of DC politics for the first time; and with people not as familiar with the purpose of DC politics; perhaps it is valuable to provide clarity.

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Here We Go – San Francisco Bay Area Extends Lock-Down Order Throughout May…

It is being reported the San Francisco Bay area will remain in a state of forced lock-down with an extension of the stay-at-home orders throughout May.  Considering this is the home of Speaker Nancy Pelosi,… this decision highlights an expectation that the federal government will bail out local and state governments.

We anticipated this type of approach where Blue states & Blue regions will keep their economies closed as long as possible to inflict maximum political damage.  Simply, if San Francisco were not confident they will gain a federal bailout they would not be keeping their economic system closed for another entire month.

CALIFORNIA – Public health officials in Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties say they will extend the shelter-in-place orders through May.

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Andrew Cuomo Dares Mitch McConnell Not to Bail-Out CA, IL, CT, NJ and New York….

The biggest of all the bigger financial issues around the economic shut-down will ultimately come down to a battle this spring/summer over a massive bailout for state governments to replace their missing revenue.  States like California, New Jersey, Illinois, Connecticut & New York have been struggling with financial issues for years.

“You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before.”  ~ Rahm Emanuel

Long before the Wuhan Virus those states were near financial collapse.  The only thing keeping them afloat was as expanding economy, and new revenue as a result of President Trump’s economic policies (making bigger pies).

The economic shut-down in those specific states makes their preexisting financial trouble exponentially worse.

Not only will CA, NJ, IL, CT and New York demand a bailout, a very massive bailout to cover their revenue shortfall, but they will almost certainly use the wuhan virus as an excuse to cover and bail-out preexisting budget deficits.  Governor Andrew Cuomo hinted toward his intention weeks ago.  He sees this as an opportunity to get federal money.

So when Senate Majority Leader Mitch McConnell throws a bucket of ice water in the face of blue state governors who were anticipating to “make money” by forcing the country to subsidize their overindulgent spending habits, obviously Cuomo is apoplectic.  WATCH:

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