7:30pm – THE PRESIDENT participates in a working dinner with the President of the Federative Republic of Brazil

White House – President Donald J. Trump will meet President Jair Bolsonaro of Brazil at Mar-a-Lago on Saturday, March 7, 2020. President Trump and President Bolsonaro will discuss opportunities to build a more prosperous, secure, and democratic world.

As leaders of the Hemisphere’s two largest economies, they will also discuss opportunities for restoring democracy in Venezuela, bringing peace to the Middle East, implementing pro-growth trade policies, and investing in infrastructure. The President will use this meeting as an opportunity to thank Brazil for its strong alliance with the United States. (link)

This afternoon National Economic Council Director Larry Kudlow discusses the jobs report, coronavirus fears, the Federal Reserve, and the steps the Trump administration is taking to address the illness.  Two background issues should be noted:
First, the Wall Street multinationals are starting to propose that the federal government should be considering ‘bailing them out’. The Coronavirus is hurting business operations overseas, and the corporations who left the U.S. to exploit overseas profits are now asking for a “bailout”. No way, no how, it should never be considered.
Secondly, there are politically manipulative localized regions, under the control of Democrats, that are cancelling public events under the auspices of Coronavirus containment. In many cases these control agents appear to be making efforts to disrupt localized economies; and create a wider, weaponized, economic impact. Watch which areas cancel which events and you will see a pattern of left-wing control of the area (ex. Miami-Dade FL, Austin TX, Chicago IL, Seattle WA, etc.)
The administration needs to be smart and wise to the underlying efforts. Shut up and listen to Trump; he’s got this. Here’s Kudlow:

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Jumpin’ ju-ju bones.  The Bureau of Labor Statistics highlights an excellent jobs report for February with 273,000 new jobs added; and an upward revision of 85,000 job gains in December and January.  Total new jobs with revisions 358,000; that’s exceptional.
Main Street USA is very strong, exceptionally strong; and the fundamentals of the U.S. economy show balance and overall strength.  Keep in mind, while all of this growth is happening the full impacts of the renegotiated trade deals have yet to kick in.

Highlighting the strength in the overall economy the construction sector added 42,000 jobs in February, following a similar gain in January (+49,000). In 2019, construction job gains averaged 13,000 per month. In February, employment gains occurred in specialty trade contractors (+26,000) and residential building (+10,000). This specific metric is important because it highlights economic expansion from U.S. workers and households having financial strength for home purchasing.

(BLS DATA) Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate remains at 3.5 percent. Over the past 12 months, average hourly earnings have increased by 3.0 percent.
The change in total nonfarm payroll employment for December was revised up by 37,000 from +147,000 to +184,000, and the change for January was revised up by 48,000 from +225,000 to +273,000. With these revisions, employment gains in December and January combined were 85,000 higher than previously reported. (link)

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Earlier today New York State Governor Andrew Cuomo complains to the media about only getting $35 million in initial emergency funding for Coronavirus impacts.  WATCH:

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Last night CTH did our first review of the $8.3 billion COVID-19 appropriation as it passed through congress.  It is loaded with pork spending and foreign aid.  The bill was $7.8 billion at the beginning of the day and ended with $8.3 billion on final passage.
The emergency Coronavirus appropriation passed 96-1 in the Senate. The Senator voting against the bill was Rand Paul of Kentucky.
The foreign aid section is roughly $3 billion of the spending.  Senator Rand Paul proposed an amendment to rescind unobligated balances of current foreign aid appropriations because so much new money is being spent on this bill.  His amendment was defeated.
Here’s the breakdown:
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Earlier today Senate Minority Leader Chuck Schumer threatened supreme court justices Brett Kavanaugh and Neil Gorsuch today during a rally in support of abortion.

“I want to tell you Gorsuch, I want to tell you Kavanaugh: You have released the whirlwind, and you will pay the price.” “You won’t know what hit you if you go forward with these awful decisions.”

The leading democrat Senator Schumer accused the supreme court justices of taking away peoples’ “fundamental rights” to kill babies, as the Supreme Court is currently hearing a case about a Louisiana law that regulates abortion providers.
Alarmed by the radical threats against the court, U.S. Supreme Court Chief Justice Roberts released the following statement:
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Earlier today President Trump delivered remarks to Hispanic American business leaders and small business owners along with members of the Latino Coalition attending the Annual Latino Coalition Legislative Summit. [Video and Transcript Below]

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[Transcript] – THE PRESIDENT: Thank you very much. And thank you, Hector. Please. Let’s have some fun, right? (Laughter.) But thank you very much for that beautiful introduction, Hector. And I appreciate it. It’s been a great friendship and it’s a terrific thing to honor all of these incredible people, the Latino Coalition. Latino Coalition. You’re having the best year you’ve ever had, I have to say that. Last year was your best and we’re beating it this year.
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Earlier today President Trump joined Vice President Pence’s coronavirus task force meeting with airline CEOs in the Roosevelt Room.  There was a separate task force business meeting at the conclusion of President Trump’s participation.
At approximately 23:04 of the video the attending press pool asked President Trump for his opinion on the Super Tuesday election.  Interesting remarks.
[Video Below – Transcript will Follow]

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Senator Rand Paul reported earlier this evening that he met with President Trump in the White House to discuss the pending FISA reauthorization.  According to Senator Paul President Trump will not support reauthorization without “significant FISA reform”.
Senator Paul appears with Lou Dobbs to discuss the latest developments.  The position being put forth by Rand Paul is exactly correct.  Change the law so that FISA can only be used against foreign actors, and force the DOJ or intelligence apparatus to go to a normal Title-3 court for a search/surveillance warrant against any American. WATCH:

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It should not be a 5-4 split and majority decision, but that just goes to reflect how radical and structurally political the Supreme Court has become.  In an important ruling today the Supreme Court ruled 5 to 4 that illegal aliens can be prosecuted by the states for stealing the identity of U.S. persons on employment eligibility paperwork.  [Direct pdf link]

Stunningly four justices (BREYER, GINSBURG, SOTOMAYOR, and KAGAN) dissented from the majority decision; and instead gave their minority opinion that federally mandated I-9 employment eligibility certifications should not be permitted for use as evidence in cases surrounding identity theft.
According to the dissenting opinion, if your identity or social security number was stolen by an illegal alien; and used to falsify employment eligibility documents; that illegal action is not itself criminal conduct because the documents are not permissible as evidence to show the alien falsified information. An absolutely bizarre position in a nation of laws.
The primary issue surrounds federal laws that state employment affidavits, like an I-9 eligibility declaration, cannot be used to prosecute illegal aliens, unlawfully residing in the U.S.  However, it is simultaneously unlawful under federal law to provide false information on those employment eligibility documents.
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Earlier this morning the Federal Reserve (Fed) announced a .50 drop in their lending rate in response to the potential for economic impacts from the coronavirus.  Following the rate cut Federal Reserve Chair Jerome Powell delivered a statement and held a press conference.  [Video Below]

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