Representative Jim Jordan appears on Fox Business with Lou Dobbs to discuss Trump Removal 4.0.  As Jordan outlines there are already eight different oversight teams looking over the Wuhan Virus spending. The Clyburn committee was exclusively created to target President Trump.

Additionally, Jordan goes to the big picture and discusses the latest revelations about the DOJ and FBI; while holding cautious optimism toward Bill Barr and John Durham.

.

Man, if only the House would have made Jordan the Speaker in January 2017.

::heavy sigh::

(more…)

A highly effective ad noting how Speaker Nancy Pelosi chose to hold-up $250 billion in funds for the American worker Paycheck Protection Program (small business) while sitting in her multi-million home bragging about her supply of gourmet ice-cream.

(more…)

Republicans and Democrats finally agreed on a supplemental spending bill that will bolster the paycheck protection program with an additional $321 billion in relief funds.

[WASHINGTON] – […] The deal also includes $60 billion in loans and grants for economic disaster assistance, $75 billion for hospitals and $25 billion for coronavirus testing. Of that testing money, $11 billion will go to states and some will also go to the federal government.

Democrats admitted defeat on their demands for $150 billion for states and local governments after McConnell and Mnuchin took a hard line against including that money. (read more)

Likely President Trump and Secretary Mnuchin will discuss during today’s briefing. The bill should pass later this week.

National Economic Council Director Larry Kudlow shows a bit of frustration in this interview as he discusses the Small Business relief package and the paycheck protection program (ppp) that has been allowed to exhaust all funding.

After the original small business allocation of $350 billion was exhausted Treasury Secretary Mnuchin asked for an additional $250 billion to resupply funding for the program congress has already initiated.  House Speaker Nancy Pelosi is refusing to fund PPP until she can get “something out of it”.  Congress doesn’t return until May 4th.

(more…)

The last time the Supreme Court ruled on an issue related to congress not formally adjourning session they left open the door to support Executive Branch invocation of Article II, Section 3, during an “unusual circumstance” or “national catastrophe.”

Today President Trump warned congress he may invoke Article II, sec 3, due to the COVID-19 crisis and his need for administration positions that have been delayed by democrats in the Senate for more than two years.

.

The coronavirus pandemic would seem to qualify as an “unusual circumstance” where recess appointments would be needed, valid and justified. However, senate democrats would likely fight any attempt in court.  The Senate has refused to adjourn session since President Trump was inaugurated, and multiple cabinet officials have been blocked from confirmation.

(more…)

National Economic Council Director Larry Kudlow appears on Fox Business to discuss the administration plans to re-open the U.S. economy.  Something is going to need to happen prior to May 1st, or the long-term economic challenge is going to be much more difficult.

Kudlow again notes a ‘bring back manufacturing’ proposal with 100% tax deduction (expensing) for U.S. manufacturers to relocate their manufacturing supply chains out of China and back to the U.S.  The Beijing lobbyists would go bananas.

(more…)

The initial coronavirus relief funding package (CARES Act) included $380 billion targeted to small businesses as part of the larger congressional relief package.  Within the SBA section small and medium businesses can apply for loans to cover payroll (75%), called payroll protection plan (ppp); and expenses (25%).  If the PPP funding is used to keep employees on payroll the loan is forgiven.   Thousands of businesses have applied.

Due to the success of the SBA targeted funding, the $380 billion may run out before all of the applications are covered.  Treasury Secretary Mnuchin asked Speaker Pelosi and Senate Leader McConnell for an additional $250 billion infusion into the program.

Senator McConnell framed a bill to provide the additional funds and asked for unanimous consent to advance the legislation.  However, speaker Pelosi doesn’t want to miss an opportunity to add pet project (constituent funding) to the bill.  Speaker Pelosi instructed Senator Ben Cardin to object to the unanimous consent request and block the funds.

WASHINGTON – Senate Democrats on Thursday blocked a Republican push to unanimously pass a bill to put $250 billion more into a loan program for small businesses devastated by the coronavirus pandemic.

(more…)

Earlier this evening on Fox News, Tucker Carlson outlined a disconnect between dire national health models that predicted mass deaths and a reality not close to predictions.

[Review IHME Coronavirus Model HERE]

As Carlson notes there are few professionals explaining why there is such a significant difference. Additionally, if we have shut down our economy based on models that were incorrect, well, when are we going to re-open our economy? Lots of questions… and unfortunately no-one seems to be allowed to ask them.

.

In the final analysis this crisis is going to come down to a very tribal set of decisions about when to re-engage the operations of U.S. society. Additionally, what changes and rules will be instituted as a result of some areas wanting to re-open, while others demand the continuance of an extended shut-down.

(more…)

I think almost everyone knows the intent and purpose behind this effort…

WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said Wednesday she hopes “vote by mail” provisions can be part of the next coronavirus response plan being put together by House Democrats.

Speaking in a conference call, Pelosi said at least $2 billion was needed to enable voting by mail, in order to give citizens a safe way to vote during the coronavirus pandemic. She said Democrats had gotten just $400 million for that purpose in a recent bill. (Link)

(more…)

Earlier today President Trump re-emphasized a point he has made previously; with near-zero interest rates, now is the time to consider a $2 trillion direct infrastructure program to rebuild U.S. roads, highways, airports, bridges, tunnels and technology networks.

The U.S. dollar is in high demand as countries and international investors seek the security of U.S. bonds.  As a result, the value of the dollar is high – which has the negative impact of making our exported products more expensive.

However, this investment demand scenario provides an opportunity to sell bonds, take investment dollars with near-zero interest, and then use the funding to work on internal economic expansion offsetting the challenges of a high dollar value on exports.

President Trump clarified at his press conference today the objective of an infrastructure bill would be based on real, substantive improvements; and he would not support any investment toward the ridiculous schemes within the green new deal.

America First !

(more…)