Today, President Donald J. Trump and First Lady Melania Trump attended a Wreath Laying Ceremony at the Korean War Veterans Memorial in Washington, DC, to commemorate the 70th anniversary of the outbreak of the Korean War and remember the brave American soldiers who selflessly sacrificed their lives in the fight for peace.

Attending with the President and First Lady was Secretary David Bernhardt, Department of the Interior; Secretary Robert Wilkie, Department of Veteran Affairs; and Ambassador Lee Soo Hyuck, Ambassador of the Republic of Korea to the United States

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Korean War Veteran Participants Included:

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Earlier today President Trump attended a border security briefing in Arizona during an event to thank border enforcement and review the border wall.  [Video and Transcript]

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[Transcript] – THE PRESIDENT: Well, thank you very much. Great to be here. Beautiful runway. A little warmer than I’m used to, but that’s okay, Doug, right? We have a — I was just given a beautiful picture of the wall. That’s before and after. And that’s quite a difference: one area you walk over, you drive over, you do whatever you want, and other one you say, “Well, I guess we don’t get in.” Here’s another one — just given. That’s great. That’s a different section. Pretty amazing.

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Jumpin’ ju-ju bones… New home sales jumped a whopping 16.6% in May, blowing past the estimates of a 2.9% rise.  The May increase in sales is nearly 13 percent higher than the same month one year ago.

Home sales are a key indicator of economic health because purchases of homes requires (1) income, a stable job; and (2) an optimistic financial outlook from the buyer.

Sales of new single-family homes jumped 16.6% in May from April, to a seasonally adjusted annualized pace of 676,000, the Census Bureau reported Tuesday. The median economist estimate was for 640,000, according to Bloomberg data.

In addition to a larger-than-expected monthly surge, May sales were nearly 13% higher than a year ago. As the US economy reopens, people are flocking back to the housing market in droves — the rosy sales are a rebound from three months of declines ending in April. (LINK)

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In the economic balancing act toward China Larry Kudlow represents the good cop, Peter Navarro represents the bad cop and President Trump navigates the market responses.  Neither person is factually in conflict with the other; the nuance is in the expression and each person has a role to play.  Sometimes teeth, sometimes not. It depends on need.

Last night trade advisor Peter Navarro noted the U.S. position with China and trade is still in a state of serious conflict.  This is accurate, and a more confrontational posture has been expressed by President Trump.  Today Larry Kudlow moderates the Navarro position to lessen the Wall St. concern over a looming decoupling.  It’s all a dance.

The need for nuance becomes clear as we watch Stuart Varney pushing the Wall Street concern angle on behalf of U.S. multinationals. The administration does not want to spook the stock market while they deal with a China confrontation. WATCH:

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Kudlow represents the panda mask. Navarro represents the eagles claw. President Trump advances or retracts each position as he controls the market response.  The objective is a slow, steady, smiling decoupling that doesn’t unnerve anyone… but the direction is always toward the decoupling.

President Trump is delivering the proverbial economic death by a thousand paper cuts.

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Throughout the late evening and overnight hours we have been able to assemble definitive proof the NASCAR story of a noose hanging in the garage of drive Bubba Wallace is a hoax.  [Background Here]

When the race team of Bubba Wallace arrived at Talladega Speedway in Alabama, he was assigned to garage stall #4.  After reviewing prior 2019 video of that specific garage bay, at that specific speedway; and after reviewing a picture released yesterday showing the FBI investigators on the scene; it is clear the “rope noose” in question was nothing more than a manual garage door pull-down with a hand loop tied into it.

As you can see, the portion of the rope that shows the hand loop (aka “noose”) in 2019 was cut off in 2020.  The #4 garage door pull-down rope did not break, it was cut -the hand loop removed- and that’s why it is shorter.  The question then becomes was this a mistaken interpretation or an intentional effort to create the appearance of targeted hate?

The answer to that question becomes clear when you look at the same rope on the adjacent stall, #5.  A full picture (shown below) shows the pull-down rope on the stall next to Bubba Wallace also contained a hand loop tied into it.  However, it is clear from the kinks in the rope the hand loop was untied.  Likely by the same person who cut-off the “noose” on stall #4 being used by Bubba Wallace’s crew.

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Walid Phares was the fifth [redacted] target of Robert Mueller’s expanded investigation as authorized by former Deputy AG Rod Rosenstein on August 2nd, 2017.

As Mr. Phares notes, the Mueller investigation was used by Obama-era politicians and officials as a mechanism to block President Trump from executing a divergent foreign policy.  The primary policy to protect was the Iran deal.

There is increased speculation, based on a pattern in other international activities and U.S. participants, the Iranian deal included return payments to U.S. officials for the release of billions in funds and the loosening of sanctions.  It is possible the return payments to the Obama team held a timing mechanism and the payments were stopped after President Trump withdrew from the deal and re-instituted sanctions.  Thus the severity of opposition from western politicians who were scheduled to remain wealthy via Iran.

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U.S. senators write foreign aid policy, rules and regulations thereby creating the financing mechanisms to transmit U.S. funds.  Those same senators then received a portion of the laundered funds back through their various “institutes” and business connections to the foreign government offices. Example Ukraine [Burisma to Biden]

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Socialism destroyed NASCAR, now the corporation is marketing racism for a new audience. Here is how and why from a simple observer perspective.

Auto racing is exciting.  Auto racing racing is also dangerous; and became very expensive. Years of NASCAR success put them into the spotlight of big business; then another thing happened… A decision was made to make the racing “more competitive” through a series of rules and regulations that essentially made every car different but equal.  NASCAR followed the socialist corporate model.

NASCAR intentionally tried -and succeeded- to slow the cars down.

‘It’s too dangerous‘ the corporation said.  So restrictor plates, and rules, and regulations, and more rules, and even more regulations, until every minute detail of the car was governed.  If all cars are equal, the emphasis will be on driver skill the corporation said.

Race teams focused on an increasingly diminishing set of variables that could make a difference.   Pit crews were one example of emphasis…. until after a few seasons all pit crews essentially became equal.   And so it went, and so it went…

Throughout the process of extra safety, speed-limiting regulation and corporate-driven equality, guess what else happened… yup, NASCAR races became vanilla.  All drivers were created equal by corporate decree; audience share started dropping along with speedway attendance.  The racetracks saw more and more empty seats because corporate socialism was sucking the vibrancy out of an exciting and competitive sport.

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Shaun King is a well known Black Lives Matter con artist who has grifted on racial grievance for a decade even lying about his own family and race.  Shaun King is white, provably white, and he found his professional & financial niche by conning black people, including Oprah Winfrey, into believing he is black.  [Shaun King]

After spending several years drumming up racial division King attached himself to the very first well publicized BLM effort in Ferguson Missouri. There was a lot of money to be made selling the completely false Mike Brown story; so Shaun King hooked up with DeRay McKesson to create the new financial conduit known as Black Lives Matter. His scams and cons are very well known to long-term CTH readers.

Together McKesson and King sell a toxic stew of Marxism, racism, and hatred; and as a consequence their business model intersects with Islamic extremism.  As we noted earlier there is a lot of similarity between 2010’s Islamist Spring and 2020’s BLM protests.  Here’s the latest example courtesy of the lying, liar who lies for a living:

Under the ideology of Black Lives Matter Islam is the dominant and preferred religion; Christianity is viewed as against their interests. The reason is simple, the doctrines of Islam are political, the doctrines of the BLM movement are identically political.

Within the overall U.S. movement Antifa is essentially white ISIS and the Black Lives Matter crowd are racial grievance activists funded by coastal liberals and Marxists.

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The DOJ in Boston have announced the arrest of a Winchester resident, Elijah Majak Buoi, 38, for seeking more than $13 million in PPP loans from the COVID rescue package.

BOSTON – A Winchester man was arrested today and charged with allegedly filing fraudulent loan applications seeking more than $13 million in forgivable loans guaranteed by the Small Business Administration (SBA) for COVID-19 relief through the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act.

Elijah Majak Buoi, 38, was charged in a criminal complaint with wire fraud, and will appear in federal court in Boston this afternoon.

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U.S. Dept of Justice Attorney General Bill Barr appeared on Fox News with Maria Bartiromo for an extensive interview on current events. [Two part video below]

Part 1 – Racism, policing and police reform:

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