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Third Quarter GDP Growth Revised Upward – 3.3% Highest Growth in Three Years…

I’m getting really sick and tired of economic analysts talking down the U.S. economy even when they are surrounded with resoundingly good news.  These economic control agents are furious that President Trump is deconstructing their decades-long lies; and showing just how manipulated the U.S. economy has been – by elites, to the detriment of the middle-class…. I digress:
Despite the devastating hurricanes in August and September the Third-Quarter GDP grew at a revised upward rate of 3.3%. Third quarter growth was initially reported at 3%.

BLOOMBERG – The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.

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Secretary of State Rex Tillerson Indicates Upcoming U.S. Naval Blockade of North Korea…

During several months of discussions deep in the weeds of President Trump’s geopolitical strategy toward the North Korean nuclear missile crisis, CTH extensively outlined a particular economic approach that would likely surface ONLY AFTER President Trump, Secretary of State Rex Tillerson and U.N. Ambassador Nikki Haley walked methodically through the sequential elements needed.
The most important part of that sequence involved getting China and Russia to accept the cornerstone of a denuclearized DPRK.  They did.  The “Unanimous” U.N. Security Council resolution against the DPRK was passed.

The next phase was to get the international community to agree to the strongest ever massive economic sanctions. They also did.  As this was occurring, Defense Secretary James Mattis positioned U.S. Navy assets forward into the region, and close-quarter drills began in South-East Asia ocean trade routes near merchant vessels.
Evolutionary talks between President Trump and the newly empowered Chinese Chairman Xi Jinping established the framework for President Trump’s zero-sum economic position; both President Trump and Chairman Xi were clear on the possibility.  Following their meeting, China sent an emissary to the DPRK and the U.S. State Dept. labeled North Korea a state sponsor of terrorism.
As anticipated, in the State Department response to the latest ICBM test, we now see the elements of a pending U.S. naval blockade.   [Paragraph #2, Sentence #3]

[…]  In addition to implementing all existing UN sanctions, the international community must take additional measures to enhance maritime security, including the right to interdict maritime traffic transporting goods to and from the D.P.R.K.

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Ivanka Trump Attends Global Entrepreneurship Summit in India…

President Trump’s geopolitical economic strategy is most often talked about regarding trade, China and resetting a massive U.S. trade deficit therein.  However, a critical part of that strategy, generally overlooked by U.S. media, is the relationship President Trump is building with India.
Expanded economic engagement with India creates more than just bilateral trade opportunities. A strengthened relationship, and possibility of moving India to the top of the trade priority list, also creates leverage toward China and ASEAN partner nations.
While most were paying attention to Thanksgiving’s ‘Black Friday‘ shopping; China quietly, lowered U.S. import tariffs.  BIGLY.  See Here [ <– That’s a big ‘effen deal]
Chinese media watch President Trump’s ongoing engagement with India far more closely than U.S. media watch it.  Chairman Xi Jinping and his economic advisers know the scale of risk inherent to their economy with a growing U.S./India trade relationship.

NEW DELHI, Nov. 28 (Xinhua) — Ivanka Trump, the daughter and adviser of U.S. President Donald Trump, has arrived in India for the annual global entrepreneurship summit, foreign ministry officials said Tuesday.
The summit scheduled to held in the southern city of Hyderabad Tuesday is being co-hosted by India and the United States.

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Sunday Talks: Maria Bartiromo Interviews Gordon Chang, Subject: China and North Korea…

CTH has been looking, unsuccessfully, for China SME’s who have insight on the DC lobbying angle by Chinese foreign nationals and the hidden story of how the Trump administration might be confronting that aspect.
Gordon Chang briefly touches on that note during a discussion segment on the overall outcome of President Trump’s 12-day visit to Asia.
Apparently, if Chang’s sources are accurate (likely they are), the notification by POTUS Trump toward Chairman Xi Jinping, of the lobbyist warning did take place [Video 02:25].


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The foreign influence lobbying is a critical element for us domestically in the larger geopolitical strategy.  Chinese nationals pay our congressional representatives millions of dollars to purchase U.S. foreign policy.  CTH is cautiously optimistic this is a key element of Robert Mueller.
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Elizabeth Warren Goes Bananas Over CFPB Director Change…

The Consumer Financial Protection Bureau (CFPB) was the brainchild of Senator Elizabeth Warren as an outcome of the Dodd-Frank legislation. With the CFPB Pocahontas tried to set up the head of the agency, the Director, in a manner that that he/she would operate without oversight. Unfortunately, her dictatorial-fiat-design collapsed when challenged in court.  Backstory #1Backstory #2
A federal court found the CFPB Director position held too much power and deemed it unconstitutional. The court decision noted that giving the President power to fire the Director would fix the constitutional problem.
However, with the prior court ruling as a backdrop, a second issue for Warren surfaces as an outcome of the current CFPB Director, Richard Cordray, resigning and President Trump appointing an ‘interim’ head for the agency.
Senator Warren, apoplectic at the thought of CFPB critic Mick Mulvaney acting as head of the agency, wants the Deputy Director,  Leandra English, to become Acting Director and points to Warren’s legislative outline as evidence to support her demand. Except it doesn’t…. not even a little bit.

(WARREN LINK)

The language Pocahontas points to in the CFPB construct, points to the Deputy Director filling in during the “absence” or “unavailability” of the Director. The statute clearly does not provide a mechanism when the Director position is “Vacant”.
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MAGA Brilliant – Multidimensional Economic Policy – Trade Shift to Durables…

Go through the archives and you’ll note a strategy unfolding that few, including us, could fully conceptualize when it first appeared.  Way back when candidate Trump first began to put his economic plans into platform outlines the subtle signature was there, but few were paying attention.
In order to reverse three decades of middle-class economic erosion, there were indicators that Trump’s strategy was a radical change in approach.  In essence the strategy was to split the economic policy into two areas and sequence the policy: highly-consumable goods (first) and durable goods (second).
Both product sectors have historically been viewed and approached by economic policy makers using a single financial strategy.  That singular approach gave rise to Wall Street benefiting and Main Street suffering.  Investment-class gained; middle-class suffered.
Trump outlined an approach –albeit vaguely– that was multidimensional.
His policy would first target multinational corporations, using the U.S. Treasury (Mnuchin) to weaken their grip and influence; simultaneously, he would use energy policy to drive down domestic prices in highly-consumable products (fuel, food, energy sector).  These sectors are not measured in fed inflation indexes; however, if lowered, these facets of consumer spending can also increase the amount of disposable income available for workers.
In essence, expand the economy by lowering the aggregate cost of living for the middle-class who live paycheck-to-paycheck.  Use monetary policy, fiscal policy and trade policy), to entice domestic investment and create jobs; and ultimately put upward pressure on wages.
That’s where we are now.
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Pocahontas Financial Control Scheme Returns To Bite Its Creator…

Everyone is aware how apoplectic the Democrat loonery became when their best laid schemes to put Hillary in the White House ran into the reality of electoral Cold Anger carried by the deplorables.  Lots has been written about the gobsmacked reaction to the election, yet few have outlined the underlying policy reasons for the scope of the panic.
The desperate need for post-election control showcased the lefts’ reaction to fear.  However, it is only by looking at the policy groundwork they lost where a political observer can evaluate the scale of defeat.  Democrats created a continuum pathway that is now entirely controlled by the very nemesis of their controlling belief system.

In a largely under-reported story last week, President Trump installed OMB Director Mick Mulvaney as interim head of the Consumer Financial Protection Bureau, the CFPB.
The CFPB was created to establish power and control over almost every financial transaction in the United States.  But it is only when you review how Elizabeth Warren and the control agents structured the czar head of the CFPB that you recognize the scale of the intent carried within the construct.
When Senator Elizabeth Warren and crew set up the Director of the CFPB, in the aftermath of the Dodd-Frank Act, they made it so that the appointed director can only be fired for cause by the President.
This design was so the Director could operate outside the control of congress and outside the control of the White House.  In essence the CFPB director position was created to work above the reach of any oversight; almost like a tenured position no-one could ever remove.
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Report: King Salman Expected To Hand Power To Crown Prince Next Week…

Given the speed of events in Saudi Arabia this year a stunning report surfaces stating that King Salman is anticipated to hand over ruling authority to Crown Prince Mohammed bin Salman next week.
According to The Daily Mail King Salman will retain the title of guardian of the holy mosques but otherwise hand over all ruling authority to the crown prince.

The King of Saudi Arabia plans to step down and announce his son as his successor next week, a source close to the country’s royal family has exclusively told DailyMail.com.

The move is seen as the final step in 32-year-old Prince Mohammed bin Salman’s power grab, which began earlier this month with the arrests of more than 40 princes and government ministers in a corruption probe.

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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.

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Purchased Politicians, Mostly Republicans in House and Senate, Write Letters Opposing Trump on NAFTA…

Multinational corporations and foreign governments spend hundreds of millions in Washington DC lobbying House and Senate politicians to retain trade positions.  It’s generally a legal bribery business where congressional representatives get rich by selling their votes to corporations and foreign governments.
Most of you already know the game: It’s a big club, and we -the working class- ain’t in it.
Fortunately for us, President Trump won the election without funding from the big corporations and lobbyists within the U.S. political system.  As such they cannot influence Trump’s decisions on economic policy matters and trade; and President Trump rarely invites them into the White House for policy meetings.
Specifically because the lobbyists don’t have access to the White House they rely on their purchased politicians in the House and Senate to influence the administration.

The multinational corporations and multinational banks are against the U.S. removing ourselves from multilateral trade agreements.  Those institutions rely on being able to manipulate the U.S. consumer market – EXPLAINED HERE.  The biggest influence agent, and by far the biggest lobbyist spender, is Tom Donohue, President of the U.S. Chamber of Commerce, who represents the interests of the multinational corporations and Wall St.
So when you see these letters, knowing they are written by K-Street and transcribed onto legislative letterhead by political staffers, all you need to do is look at the signatures of the politicians and you can quickly identify who has been purchased by Tom Donohue:
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