Sean Hannity and John Solomon have apparently ejected Sara Carter for “Tick Tock Term-2”, seemingly replacing her with James (‘sounds like Gopher from Winnie the Pooh‘) Comer.

In the latest iteration of the tick-tock walls closing in, at least according to Solomon, the FBI is currently doing a “grand conspiracy” investigation of Barack Obama, James Comey, John Brennan and James Clapper.

Solomon says below, “This is a criminal conspiracy. And by treating it as a conspiracy, you eliminate the five-year statutes on individual crimes. So if something happened in 2016, but it was part of an ongoing conspiracy that continued with Jack Smith raiding Donald Trump’s home at Mar-a-Lago, it can be charged in the larger conspiracy. Even though, if you tried to charge it as an individual case, you wouldn’t get it.”  WATCH:

According to Solomon, even Lee Zeldin is a potential candidate to lead a special prosecution team against the former conspirators, and the evidence is so overwhelming … “a special prosecutor would have a jumpstart. This could be wrapped up in a couple of years.”…

I can’t even begin to wrap my head around how ridiculous this claim by Hannity, Solomon and Representative ‘Gopher‘ Comer actually is.  Who believes this nonsense?  We are years beyond believing the FBI is structurally doing anything to return fire against the Obama administration; yet here is Fox News selling bulk hopium to their viewers.

Ridiculous.  All of it.

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Senator Lindsey Graham and Senator Richard Blumental appear on CBS with the always dramatic Margaret Brennan to discuss what President Trump is going to do against Russia and President Vladimir Putin tomorrow.  Senator Lindsey Graham is very happy with the plans President Trump will outline tomorrow; very happy.

The action appears to center around the confiscation of Russian assets, Russian central bank reserves held in European bonds. The money belongs to the people of Russia in the form of bonds previously purchased by Russia using a system that many nations follow, including all those nations who buy U.S. treasuries.

If the USA or Europe end up confiscating those funds, the only thing this action would prove is that the western financial system cannot be trusted. Many Nations are already reluctant, some fleeing from EU/U.S treasuries as a result of this threat, and we are seeing changes in the bond rates as a result.  Senator Graham doesn’t care about the strategic financial interests of the USA, he’s more concerned about fighting Russia regardless of long-term ramifications.  WATCH:

[TRANSCRIPT] – MARGARET BRENNAN: Good morning, and welcome to Face the Nation. We have a lot to get to this morning. So, let’s begin with Senator Lindsey Graham in Clemson, South Carolina, and Senator Richard Blumenthal in Bridgeport, Connecticut. They both just returned from Europe, where they met with Ukrainian President Zelensky. Good morning to you both, Senators.

SENATOR RICHARD BLUMENTHAL: Good morning.

SENATOR LINDSEY GRAHAM: Good Morning.

MARGARET BRENNAN: Senator Graham, I want to start with you. Russia is escalating. They’re not ending this war in Ukraine. NATO’s Secretary General is going to be here, in Washington, this week and will be meeting with President Trump, who is, according to our reporting, considering fresh funding for Ukraine. That would be the first time since he’s taken office. What do you know about what is coming?

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Appearing on CNBC to explain the big picture economics, Treasury Secretary Scott Bessent outlines how debt and deficit hawks are seemingly blind to the need for GDP growth to deal with federal spending.

From the outset of President Trump’s MAGAnomic policies in his T-1 and T-2 platform, growing the U.S. economy, expanding the size of the GDP is a key facet to dealing with debt and deficits.  President Trump has always promoted economic policy that expands the size of the pie rather than focus on making smaller portions of each spending slice.

Secretary Bessent also explains the current status of the tariffs as delivered by the Trump administration.  The next few days are exceptionally busy with incoming requests to renegotiate trade terms, and avoid countervailing duties.  WATCH:

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Big picture:  Trump, Lutnick and Greer are now transmitting 1. Baseline tariffs (10-20%), 2. Reciprocity tariffs (trade imbalance) and 3. Section 232 tariffs (ex. Steel and Aluminum).  Countries are notified and their tariff rate begins on August 1st.

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Things are getting very interesting as the clock ticks toward the end of the USMCA trade agreement.

Almost no one is watching the USMCA element because it quietly exists only in the background of events. However, pay close attention to the ancillary stories because they will eventually merge with the end of the USMCA and two bilateral trade agreements between the U.S-Canada and the U.S. and Mexico later this year.

NATO funding and Canadian economic independence, and by extension the EU and China, comes into the northern agreement.  Border security and Mexican economic independence, and by extension immigration and China, comes into the southern agreement.  The strength of MAGAnomic policy flows directly through both.

In the quiet sphere, a few days ago Treasury Secretary Scott Bessent, a key player in the trade program, announced sanctions against three Mexican financial organizations that underline the influence of the Mexican cartels and the Mexican government. [Treasury Announcement Here]

“The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued orders identifying three Mexico-based financial institutions—CIBanco S.A., Institution de Banca Multiple (CIBanco) [ORDER HERE], Intercam Banco S.A., Institución de Banca Multiple (Intercam) [ORDER HERE], and Vector Casa de Bolsa, S.A. de C.V. (Vector) [ORDER HERE]—as being of primary money laundering concern in connection with illicit opioid trafficking, and prohibit, respectively, certain transmittals of funds involving CIBanco, Intercam, and Vector.  These orders are the first actions by FinCEN pursuant to the Fentanyl Sanctions Act and the FEND Off Fentanyl Act, which provide Treasury with additional authorities to target money laundering associated with the trafficking of fentanyl and other synthetic opioids, including by cartels”. (more)

Mexican President Claudia Sheinbaum is furious. “The Treasury Department hasn’t provided a single piece of evidence to show that any money laundering was taking place,” she said. “We aren’t going to cover for anyone, there isn’t impunity here. They have to be able to demonstrate that there was actually money laundering, not with words, but with strong evidence.”

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U.S. President Trump and U.K Prime Minister Starmer finished signing the details of the U.S-U.K trade agreement on heavy industry, aerospace, car tariffs and automobile trade.   Both Trump and Starmer delivered remarks to the assembled press pool prior to answering questions.

The media were full of questions for President Trump about the latest developments in the Israel-Iran conflict.  President Trump noted he needs to conclude the commitments on his schedule before he can engage in Iranian negotiations.

The British media, maintaining their longstanding history against the Russian Federation, are worried that President Trump might like Russia and or even agree with Russian perspectives.  To the British press this possibility gives them the vapors.  President Trump tries to intercept the U.K fainting by reminding the Brits the goal is to “stop death” at a rate of 5,000 young lives per week.  WATCH:

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The headline is written to draw the contrast from what the professional economic pundits previously -and continuously- proclaim.

Two charts tell the story.  The first is “Tariff Revenues”:

[SOURCE]

The Second Chart is USA Inflation:

[SOURCE]

Apparently, despite all the wailing, pearl-clutching and teeth gnashing from the multinationals, their economic punditry conscripts and the professional political apparatus, tariffs are not raising prices.  Go figure.

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This is actually a very surprising development.  The World Bank (WB) is a heavily controlled multinational exploit of the World Trade Organization (WTO) and World Economic Forum assembly (WEF).  This could be looked upon as the WTO/WEF taking a knee as they finally accept Godzilla Trump is not going to relent.  Remember, the Build Back Better agenda was a construct from the WEF/WTO.

Looking a little more deeply at the people behind the latest shift in tone and paying close attention to the wording they are using, there’s an inference the World Bank is telling Europe to stop being intransigent or they will lose U.S. military support.  A very unusual shift in WB tone.

In my first review opinion, as the legal arbitration system for trade complaints, the WB are trying to mitigate President Trump’s full-frontal assault on the global trade imbalance that brings the global trade wealth back to the USA.

NEW YORK POST […] – Top economists at the international institution, which helps finance low and middle-income countries, acknowledged that many nations do not provide reciprocal trade access to the US.

“This [situation] could not be sustained indefinitely,” the World Bank’s chief economist, Indermit Gill, said during a news briefing, the Washington Post reported.

[Gill] contended that Trump’s actions were merely a response to uneven trade access between other countries and the US.

Other experts at the World Bank concurred with that assessment and indicated that Europe, Japan and China should all take steps to reduce trade barriers on the US, while calling for an across-the-board rollback on tariffs on all sides. (more)

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Treasury Secretary Scott Bessent will be departing London, leaving Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer to finalize the details with the Chinese trade delegation.

Apparently, the talks have been very productive according to Bessent and extended well beyond the previously scheduled timeline as they get very specific with the expectations and terms of compliance.

LONDON – U.S. Treasury Secretary Scott Bessent said Tuesday he is departing ongoing trade talks with China because he has to travel to Washington, D.C., to testify before Congress the next day.

Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer will remain in London to continue the negotiations with Beijing, which are still underway after two lengthy days of talks, Bessent said.

Lutnick said earlier that the parties were “trying to finish” by Tuesday evening.

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CONTEXT for Los Angeles Riots:  Approximately 12.3 million Mexicans live abroad, both legally and illegally, with 97% of them living and working in the United States, according to BBVA Research.  Last year Mexicans living abroad sent $64.75 billion back home in remittances, largely from Texas and California to states in central and western Mexico.

According to data recently released, in April of this year remittances back to Mexico dropped 12.1%.  The Mexico central bank said April saw 8.1% fewer transactions than a year earlier, that’s down to 12.4 million transactions. For Mexico this is a devastating outcome.

How dependent is the Mexican Govt on these remittances?  Remittances sent home by Mexicans working outside the country surpassed petroleum revenues in 2015. {link} Oil Revenue in 2015 was 23.4 billion; remittances were $24.8 billion.  Last year in 2024 remittances were $64.75 billion…. and in April of this year the remittances dropped by 12.1%.

If you don’t think there is a critical financial motive in this, think again.

CALIFORNIA – About 700 U.S. Marines were mobilized Monday to support the California National Guard to protect federal personnel and property in Los Angeles during protests there, officials said.

The mobilization of the Marines from their base in Twentynine Palms, California, is temporary, to give time for additional National Guard troops to arrive.

Earlier Monday, President Donald Trump said he would support arresting California Gov. Gavin Newsom for purportedly obstructing federal immigration enforcement actions in Los Angeles.

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The blood slowly drains from the face of Margaret Brennan as she faces the indefatigable smiling truth that Kevin Hassett represents. The furrowed brows deepen, the lips pulsate to a purple posture, the accusatory sanctimony drips from her squints and failed constructs until ultimately, she is reduced to a sneering inflection of autonomous twitching.

Kevin Hassett smiles, thanks Ms. Brennan for her endeavors, outlines the White House position on the BBB and China trade negotiations, then happily orders an ice-cream cone for his walk back to the office on a bright sunny day.

[TRANSCRIPT] – MARGARET BRENNAN: We’re joined now by the Director of the National Economic Council, Kevin Hassett. He joins us from the White House. Good morning to you.

KEVIN HASSETT, DIRECTOR, NATIONAL ECONOMIC COUNCIL: Hey Margaret, good morning.

MARGARET BRENNAN: So I do want to allow you to respond to some of the very specific criticisms that Senator Klobuchar made. One of the things she brought up was something that, frankly, the Senate Majority Leader seemed to acknowledge was under discussion, and that was touching Medicare, making some kind of adjustment. He said anything we can do that’s waste, fraud, and abuse is open to discussion. Is the White House open to any discussion around Medicare?

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