There is a remarkable confluence of data-points surrounding a second amendment rally in Virginia this holiday weekend that bear a strong note of caution.  Something akin to an astroturf event appears in the background.  ♦ Data-points:
♦ Billionaire Michael Bloomberg is running for President.  Bloomberg has funded the majority of Virginia anti-gun legislators who are now proposing considerable restrictions on lawful gun ownership in the commonwealth.
♦ It is also worth noting in the wake of the astro-turfed Charlottesville narrative, the professional political messaging of the Democrat apparatus, via Joe Biden, proclaimed in April 2019 that Charlottesville represented “the battle for the soul of this nation.”
If there is one consistent aspect to DNC activists (Occupy Wall Street, Antifa etc.), it’s that they use the same playbook.
♦ Provoking civil unrest to achieve political objectives is a well known strategy of the Alinsky wing of the apparatus.  ie. “never let a crisis go to waste”; and they are very good at creating the appearance of an organic crisis.  It’s usually in hindsight when the astroturf originating the crisis is identified.
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White House manufacturing policy advisor Peter Navarro has an interview today to discuss the enforcement mechanisms behind the U.S-China trade agreement.
One of the interesting points Navarro raises is how the intellectual property provisions align with the newly initiated Customs and Border Protection “operation megaflex” where thousands of packages from China are opened looking for counterfeit goods.
According to Navarro the operation has identified a counterfeit rate of ten percent; fake goods and contraband narcotics.  China prosecuting these identified companies becomes part of the compliance system to see if China is adhering to the agreement.

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Senator Ted Cruz appears for a discussion on the Senate impeachment trial.  Cruz walks through the most likely scenario of 24 hours prosecution case (two or three days), then 24 hours of defense case (two or three days); then the individual Senators submitting questions to the Chief Justice, John Roberts, to ask both sides.   This phase of the process should take two to three weeks total.  Then the issue of “witnesses” will be debated.

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While the first week is unfolding in the Senate, President Trump will be attending the World Economic Forum in Davos, Switzerland, and negotiating more economic benefits for the U.S.  Quite a remarkable contrast.
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Remarkable interview between the attorney for Michael Flynn, Sidney Powell, on WMAL radio with Larry O’Conner.  Ms. Powell describes the current status of the case and the filings to withdraw the guilty plea.  Additionally, Ms. Powell drops a bombshell in that they have a witness to the original Flynn-302 the government says doesn’t exist.
O’Conner does a great interview because he understands the background and details to the case.  His probing questions allow Ms. Powell to share valuable insight.
The original FBI report is reported to have statements to the effect that Michael Flynn was not lying.  The prosecution says no such FBI FD-302 report exists; however, Ms. Powell now shares that they have a witness to it.   [Audio Below]  Just hit play on toolbar:

MAGAnomics – National Association of Manufacturers (NAM) President and CEO Jay Timmons describes how President Donald Trump has “delivered” for manufacturers, noting that “promises are being kept” on tax reform, regulation, and trade.

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The passage of USMCA in combination with incentives for domestic manufacturing investment in the U.S.; and overlayed with the framework of the China ‘phase-one’ agreement, has set the foundation for a competitive North American manufacturing alternative to southeast Asia.  The capital investment will follow.  America First!
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Jumpin’ ju-ju bones this is the best recession ever!  The Commerce Department announces U.S. housing starts in December jumped a whopping 16.9 percent in December with 1.608 million units.  Blowing away forecast expectation of 1.375 million units; with the largest gain since 2006.
Cross referencing the latest median wage report from the Bureau of Labor Statistics [Table 4] shows that average wages in the construction sector in the fourth quarter increased 9.3%.  There’s obviously a lot of demand for workers in the construction industry.

WASHINGTON (Reuters) – U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.
There was also some encouraging news on manufacturing, with other data on Friday showing production at factories increasing for a second straight month in December.

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Commerce Secretary Wilbur Ross, the coolest cat in the crew, appeared tonight for a discussion on economics and trade with Lou Dobbs.  Secretary Ross discusses the current status of the economy and how the two trade agreements have established the foundation for a completely restructured U.S. trade relationship for years to come.
Wilburine notes the Europeans are nervous thinking about the wolverine teeth that will soon be heading in their direction.  Good Stuff.  WATCH:

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What makes the Trump economic team so effective is their independence from any influence outside of the America-First agenda.  President Trump, Secretary Wilbur Ross, and Secretary Steven Mnuchin were already independent billionaires -with wealth gained from private industry- before they entered office.  There is no financial influence upon them except to see Main Street USA thrive….
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White House Manufacturing Policy Advisor, Peter Navarro, appears on Fox Business with Charles Payne to discuss the ramification of China ‘phase-one’ and the USMCA for the middle-class blue-collar economy.  Excellent interview, WATCH:

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Excellent sales report from the Dept. of Commerce reflects a 5.8 percent increase year-over year for December 2019.  U.S. consumer sales drive two-thirds of GDP; the December result is another indicator the GDP growth in the fourth quarter will likely be much higher than expected.

(Via CNBC) […] The Commerce Department said on Thursday retail sales increased 0.3% last month. Data for November was revised up to show retail sales gaining 0.3% instead of rising 0.2% as previously reported. Economists polled by Reuters had forecast retail sales would gain 0.3% in December. Compared to December last year, retail sales accelerated 5.8%.

It is weird to see how CNBC takes the good news, cites the factual impact of retail sales on GDP, and then proclaims the economy is likely faltering.  What the heck?
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In advance of the Senate beginning the impeachment trial of President Trump, the upper chamber ratified the USMCA trade agreement with an 89-10 vote.  The agreement now moves to the White House where President Trump will sign it.

The final ratification is the result of two-years worth of renegotiated trade reform, and the outcome gained bipartisan support in both the House and Senate.  The only republican senator who voted against the deal was Pat Toomey of Pennsylvania who is concerned the USMCA will weaken the position of Wall Street multinationals.
Nine democrat senators did not support the agreement because there wasn’t enough verbiage to support their climate change priorities, and the USMCA does not align with the Paris Climate Accord.  [Vote Tally Here]

USMCA gives American producers better access to Canadian dairy markets, and creates a cornerstone for a revitalized U.S. manufacturing base.  The deal has much more strict rules of origination for the auto-sector with 75% of parts and materials must be made in north America.  Combined with the requirement that 40% of those industrial parts must come from plants where workers make a minimum of $16/hr, the U.S. auto-industry will gain significant benefits.
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