Coronavirus As An Economic Contagion

Steve Bannon discusses the Chinese Coronavirus as an economic contagion and how the Trump economic security doctrine applies to the current downstream impacts.  Even before the Coronavirus surfaced in China there was lower manufacturing factory activity within the Chinese economy.  The necessary response within China to control the spread of the Coronavirus was to shut down most commerce.  Factories, schools &  businesses throughout China were impacted as various containment measures took hold.

Economic Nationalism -vs- Economic Globalism

Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal. We create and consume eighty percent of our own production.
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HHS Secretary Alex Azar appears on Face The Nation with professional drama queen Margaret Brennan to discuss ongoing Coronavirus mitigation efforts.  Ms. Brennan uses her best dramatic voice, and a recently attained expertise in virology, to advance her network’s emotional hunches that all hope is lost.  Ms. Brennan is verklempt.
The drama and anxiety riddled questioning is so stunningly over-the-top, mid-way through the segment the interview becomes a parody unto itself.  WATCH:

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CTH is more confident than ever about POTUS having a comprehensive understanding of the bigger picture around COVID-19 and China’s Coronavirus outbreak.  In this interview Senator Marco Rubio discusses the risks that China now represents on a myriad of levels.
The Coronavirus issue hits on three main points of policy outlined by President Trump since his initial announcement of candidacy in 2015:  (1) The need for secure borders and strong immigration controls. (2) The need to stop reliance on Chinese manufacturing; and (3) The need for the U.S. to have independent control over key sectors of manufacturing; including healthcare products and pharmaceuticals, as a matter of national security.

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Stay big picture. Think about what you know of the aggressive Communist and strategic disposition of China. In addition to the risks within technology development (well discussed), allowing China to have a heavy influence over critical healthcare supply chains is too dangerous.
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The United States and the Islamic Republic of Afghanistan (Taliban) have signed a peace agreement to end the nineteen-year war in Afghanistan.  [Details Here]  During the signing ceremony Secretary of State Mike Pompeo delivered the following remarks.
[Video and Transcript]

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[Transcript] – SECRETARY POMPEO: Good afternoon. I want to start by thanking His Highness Sheikh Tamim for Qatar’s invaluable role as host of these historic talks. His unstinting support, and yours foreign minister, have supported both sides and allowed them to reach this momentous day.
The United States and the Taliban have endured decades of hostility and mistrust. Previous talks have faltered. This effort only became real for the United States when the Taliban signaled interest in pursuing peace and ending their relationship with al-Qaida and other foreign terrorist groups. They also recognized that military victory was impossible. I then asked Ambassador Khalilzad to serve as our lead negotiator to gauge the Taliban’s sincerity.
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Quite a bit to unpack here, and most of it is very good news.  First, this re-nomination was almost predictable when you look at the totality of the landscape:

President Trump needed to generate an official DNI nomination in order to retain the current acting DNI authorities for Richard “Ric” Grenell; so that’s one aspect.
However, beyond the procedural move there’s the larger background of the FISA reauthorization; and, in my opinion, that larger dynamic is the majority consideration.
The FISA reauthorization and the need for President Trump to support any type of reauthorization that eventually gets through the complex political dynamics within congress; and considering Senate Majority Leader Mitch McConnell traveled to the White House to discuss this issue yesterday; the outcome is considerable leverage for Trump.
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In the background of the impeachment effort the House Judiciary Committee (HJC) led by Chairman Jerry Nadler was seeking: (1) Mueller grand jury material; (2) a deposition by former White House counsel Don McGahn; and less importantly (3) Trump financial and tax records.  Each of these cases were then argued in federal court, appellate courts (6e and McGahn) and the supreme court (financials/taxes).
In November 2019 activist Federal District Court Judge Ketanji Brown Jackson ruled Don McGahn must appear before Congress; however, she also ruled McGahn retained the ability to “invoke executive privilege where appropriate” during his appearance.
The White House appealed the ruling to the DC appellate court on constitutional grounds.  Today a three judge panel from the DC circuit agreed with the White House position.

WASHINGTON – President Donald Trump scored a major legal victory on Friday when a federal appeals court panel ruled Democrats have no right to hear testimony from former White House counsel Don McGahn.

The U.S. Court of Appeals for the District of Columbia Circuit’s ruling overturned a lower court decision requiring McGahn’s testimony and told the judge presiding over the case to dismiss it outright. The ruling is a blow to House Democrats’ attempts to break the Trump administration’s intransigent stance that it can block Congress from talking to witnesses. (link)

This ruling also undermines the ridiculous “obstruction” article of impeachment because it shows the White House had a justifiable and constitutional argument to make against the House in the judicial branch.  The issue at stake was  whether the legislative branch can penetrate the constitutional firewall which exists within the separation of powers.
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Economic Nationalism -vs- Economic Globalism

Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal.  We create and consume eighty percent of our own production.

The U.S. economy is unique in the amount of balance within it as compared to other industrial economies.  We are not dependent on exports to sustain our economy; and we are not dependent on any imports at the macro level.  Unlike China, Asia and Europe, and despite decades of efforts by globalists and multinationals, the U.S. generates and sustains a tremendous amount of our own economic prosperity.  First the January data:
The Bureau of Economic Analysis (BEA) reveals data today showing January wage growth .5%, personal income increases .6%, consumer spending at .2%; overall U.S. savings at $1.33 trillion, and low inflation at 1.7 percent year-over-year.  Solid and stable.
Both consumer spending (+.2 Jan) and inflation (1.6% Jan) were impacted by lower energy prices (-.7%) & mild weather in January.  Reuters spins the lower rate of spending growth to imply a contracting U.S. consumer; there is no data to support that narrative.
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The media is attempting to initiate panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
Earlier today Vice President Mike Pence led a meeting of members of the COVID-19 taskforce.   The segment with Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health, is interesting.
Dr. Fauci discusses the evolution of novel-coronavirus’ from SARS to MERS to the latest version in COVID-19.  Fauci’s remarks begin at 01:06 of the video below:

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Today, President Donald J. Trump will discuss his Administration’s success in empowering members of the African-American community.
UPDATE: Video Added

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Starts airing tomorrow in local TV markets in Denver and Colorado Springs:

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