Quantcast

Council Director Gary Cohn Discusses the Economy…

There’s a lot of people who don’t have a comprehensive understanding of what it takes to battle the multinationals in economic warfare.  Those same people don’t like Gary Cohn.
CTH recognizes the inherent value in Mr. Cohn as director of President Trump’s national economic council.  The guy knows the economic schemes better than almost all of the globalist adversaries.  Like Wilbur Ross, the former executive of U.S. Steel, Gary Cohn is one of the well dressed “killers”; an apex financial predator who’s eyes will contract while he shakes your hand just before he rips your throat out during negotiations.  Departing he’ll wink at your carcass, and still make your team pay for the clean up.
In this interview segment Director Gary Cohn discusses the Republicans’ tax reform plan, infrastructure initiatives and laughs out loud at President Barack Obama taking credit for the economy.  Director Cohn is a bad, bad man; perhaps the best of the bad men.


(more…)

President Trump Leads American Family Taxes and Business Discussion…

Earlier today President Trump hosted American families for a discussion about taxes, small business growth and challenges.


[Transcript] – 2:12 P.M. EST – THE PRESIDENT: Well, thank you very much. We have four great families — middle class. I guess at a certain point, you’re going to be making so much money you don’t really — not going to know what to do with it, perhaps — I hope — Brian.
But we have four terrific families. Some of them have had difficulty. Taxes are too high. Frankly, their healthcare is terrible. The healthcare plan is terrible — Obamacare. And that will be next. We’re a long way toward getting rid of that and getting something very good and very much more affordable — very big problem.
(more…)

Sunday Talks: Maria Bartiromo Interviews Senator Perdue…

Looking at the upcoming week on the tax reform legislation, Maria Bartiromo interviews Senator David Perdue. Mrs. Bartiromo cuts through the generally irrelevant talking points and gets directly to the heart of the important issues.
Senator Perdue expresses confidence the committee will be able to move quickly to reconcile differences between the House and Senate bill, and optimistically says the bill could reach the president’s desk in 10 days.


(more…)

New York Fed Now Projects 3.9% GDP Growth in Fourth Quarter…

Another week – another set of weekly economic data – another upward forecast of anticipated 4th Quarter GDP growth.  Two weeks ago the Fed raised the 4th quarter growth projection to 3.2%. Last Week they revised that up to 3.8%. This week they have revised it upward again to 3.93%

Oh, the winning…. squeeze the kids.  REMEMBER:

…”Hold on to your economic britches peeps – throw dem ju-ju bones out the windows – grab hold of the young-un’s, squeeze em tight and introduce them to ‘capitalism unchained’. We are in uncharted MAGA territory now. Q4 will be well beyond 3.2% 3.8%  3.9%… Well Beyond.”…

MAGAnomics is a generally common sense approach toward achieving dynamic growth in the U.S. economy. Left-leaning U.S. economic experts (most of them) are gnashing their teeth as the America-First MAGAnomic principles are paying YUGE initial dividends.
(more…)

President Trump Press Remarks Departing White House – Senate Tax Vote, Michael Flynn…

Earlier this morning, while departing the White House for a fundraiser in New York, President Trump delivered remarks on last night’s historic senate tax vote.  Additionally, the President answered a question about Michael Flynn’s plea deal:


.
WHITE HOUSE STATEMENT: President Donald J. Trump applauds the Senate for passing the Tax Cuts and Jobs Act. The Senators who voted for these historic tax cuts did a great service to their constituents as they supported putting America first, growing the economy, and rebuilding our great country.
The policies in this bill will cut taxes for hardworking families and put our economy on a path of sustainable economic prosperity and job creation. We have a once-in-a-lifetime opportunity to reclaim Americas great destiny. The Administration looks forward to working with Congress to fulfill the promise we made to deliver historic tax cuts for the American people by the end of the year. (link)
(more…)

Tax Bill Vote – Late Night Senate Livestream – *Update* Final Bill Passes 51-49…

UPDATE: 1:49am EST The final Senate Tax Reform Bill Passes 51-49.  Senator Bob Corker was the lone republican voting against the bill.

(more…)

WARNING: Laura Ingraham Interviews Marco Rubio…

There’s a big con job just over the horizon.  All of the elements are there.  The timing, the platform, the personalities, the discussion topics, etc., it’s a familiar script.  CTH would like to direct attention to this interview which took place last night on Laura Ingraham’s new Fox News show.  Listen carefully to three elements:
♦On Tax Reform – on one side of Rubio’s ‘full-throated‘ mouth he wants higher taxes on corporations 22% -vs- 20%. In the almost the same breath, inside the same argument, he says “it’s not their (the government’s) money”.   Try to reconcile that.
♦On DACA – [Remember, three months ago President Trump gave congress six months to fix DACA]  Rubio says the “Deferred Action for Childhood Arrivals” (DACA) program is not the “Dreamers”.  What? Yes it is. The childhood arrivals ARE the so-called ‘dreamers’.
♦However, much more importantly, listen to what is said on “chain migration“.  Ingraham asks if Rubio supports “chain migration”.   Rubio says no, then immediately says: “I’ve always agreed to limiting chain migration to immediate family members”. WHAT? That is chain migration.


(more…)

President Trump Missouri Speech on Tax Reform – 3:00pm Livestream…

President Donald J. Trump will give a speech in St. Charles, MO on tax reform. The event will take place at the St. Charles Convention Center.  Anticipated start time 3:00-3:30pm
UPDATE: Video Added


(more…)

Sunday Talks: OMB Director Mick Mulvaney -vs- Jake Tapper

Office of Management and Budget Director Mick Mulvaney appears on CNN today with Jake Tapper to discuss the Tax Reform Bill and the current Senate version.
Tapper has the ‘Media Matters’ talking points cued up; however, unfortunately for Tapper, Mulvaney knows the intricacies and swats the annoying gnatter chat. Actually, in the $30k example provided by Tapper – Mulvaney went easy on him.


.
Interestingly, Mick Mulvaney was also appointed to be the interim head of the CFPB this week; which has ramifications for left-wing economic control loons far greater than the tax reform package.  [More on that later.]  OMB Director Mick Mulvaney also appeared on CBS with John Dickerson (below):
(more…)

U.S. Housing Starts Increase 13.7% In October – September Figures Adjusted Higher…

There is a notable intent to talk down the economy amid almost all financial news providers.  However, despite their negative tone the economic reality continues to surpass their Eeyore disposition.
October’s U.S. housing starts jumped +13.7% to 1.29 million units and now begins to catch up with the underlying economic data.
You’ll note CTH discussed how housing would be regionally specific as the larger Main Street MAGAnomic policies were implemented.
Capital expenditures by home builders and home purchasers are the biggest financial decisions for most American workers.
Due to the deliberate factors involved, home purchasing is the largest railroad car in the economic train; it is also positioned in the rear of the economic sequencing.  However, when home building takes off the entire economic train gains momentum.

(Via Reuters) […] The sharp rebound in home construction reported by the Commerce Department on Friday was also driven by robust gains in the Northeast and Midwest regions.
The broad recovery could ease concerns about the housing market, which has been a drag on economic growth since the second quarter. The report added to labor market, manufacturing and retail sales data that have pointed to strong economic momentum as the year winds down.

(more…)