There is a lot of banter amid the punditry class of trade and finance watchers surrounding a statement from Chinese Commerce spokesman Gao Feng claiming that U.S. and China negotiators were discussing a ‘phased’ roll-back of U.S. tariffs as part of a trade deal. However, a note of very strong caution should be applied.

On its face the Beijing-central claim is essentially an accurate portrayal of a dynamic long discussed. The tariffs were initially imposed to reset the outlook of China. In any negotiation with China a concession of current status is a non-starter. By natural disposition Beijing refuses to cede already won ground. This is their historic approach.
Therefore when engaging in any negotiations with China it is necessary to reset the baseline. China has to naturally feel losses; the economic landscape must be changed around them without their participation; in order for for them to consider negotiation.
The punishing U.S. tariffs accomplished this objective; the Beijing baseline status has been changed. The bamboo forest is significantly less than it was two years ago, and now China wants to recapture lost position. Their current status indicates exactly that dynamic.
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Unemployment claims dropped by 8,000 last week showcasing a very strong job market for all sectors of employment. The U.S. Dept of Labor Report shows continued strong jobs growth surprising most economic pundits.

(Reuters) – The number of Americans filing applications for unemployment benefits fell more than expected last week, consistent with strong labor market conditions and continued job growth.
Tonight President Trump heads to Monroe, Louisiana for a Keep America Great Rally at the Monroe Civic Center to support gubernatorial candidate Eddie Rispone. The anticipated start time for President Trump remarks 8:00pm ET / 7:00pm CT.
RSBN Livestream Link – GST livestream Link – Global News Livestream Link
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According to recent reports U.S. Attorney John Durham and U.S. Attorney General Bill Barr are spending time on a narrowed focus looking carefully at CIA activity in the 2016 presidential election. One recent quote from a media-voice increasingly sympathetic to a political deep-state notes:
“One British official with knowledge of Barr’s wish list presented to London commented that “it is like nothing we have come across before, they are basically asking, in quite robust terms, for help in doing a hatchet job on their own intelligence services””. (Link)
It is interesting that quote comes from a British intelligence official, as there appears to be mounting evidence of an extensive CIA operation that likely involved U.K. intelligence services. In addition, and as a direct outcome, there is an aspect to the CIA operation that overlaps with both a U.S. and U.K. need to keep Wikileaks founder Julian Assange under tight control. In this outline we will explain where corrupt U.S. and U.K. interests merge.

To understand the risk that Julian Assange represented to CIA interests, it is important to understand just how extensive the operations of the CIA were in 2016. It is within this network of foreign and domestic operations where FBI Agent Peter Strzok is clearly working as a bridge between the CIA and FBI operations.
By now people are familiar with the construct of CIA operations involving Joseph Mifsud, the Maltese professor now generally admitted/identified as a western intelligence operative who was tasked by the CIA (John Brennan) to run an operation against Trump campaign official George Papadopoulos in both Italy (Rome) and London. {Go Deep}
In a similar fashion the CIA tasked U.S. intelligence asset Stefan Halper to target another Trump campaign official, Carter Page. Under the auspices of being a Cambridge Professor Stefan Halper also targeted General Michael Flynn. Additionally, using assistance from a female FBI agent under the false name Azra Turk, Halper also targeted Papadopoulos.
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Steve Bannon appears on Fox News to discuss the ongoing impeachment issues with Maria Bartiromo. Within the discussion Bannon highlights the larger position about how Trump’ America-First foreign policy is antithetical to the one-way interventionist model that ultimately provides U.S. politicians with a process to sell their office to the benefit of foreign governments. The Biden-Ukraine issue is a direct example of that process.
Everything about POTUS Trump’s policy is against the business model that allows DC politicians to trade U.S. foreign policy for their own financial benefit. Trillions at stake.
Bannon correctly points out that only public pressure is going to force change upon the swamp. President Trump is a vessel for a process to stop DC corruption; but the DC politicians themselves will never vote to diminish their own interests. That’s the issue with the republicans in the Senate during an impeachment trial.
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On the Democrat race I agree with Bannon on 90% of his presentation, except I would replace “centrist” with Wall St (multinationals) and Hollywood. The Dem party is fueled by multinational interests and Hollywood support that is aligned with China and multinationals et al. With Biden falling they are trying Buttigieg; if that doesn’t work, they’ll need someone to hold/protect their interests.
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With all of the DC ankle-biters constantly nipping at his heels and opposing President Trump simply because he’s disrupting their indulgences, let’s hope the great people of Mississippi provide an energetic welcome…
Today President Donald Trump exits the swamp and heads to Tupelo, Mississippi, for a Keep America Great Rally at Bancorp-South Arena. President Trump is expected to speak at 7:00pm CDT / 8:00pm EDT with pre-speech rally events and speakers starting earlier.
UPDATE: Video Added (just hit play)
National Economic Council Chairman Larry Kudlow appears on Fox Business to discuss the latest excellent jobs report and the overall strength of the U.S. economy.
Additional points of interest discussed are the U.S-China trade negotiations, the status of the internal Beijing communist control over their economy and the ongoing issues with the EU. Lots of good MAGAnomic news.
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Jumpin’ ju-ju bones, the October jobs report has blown away all expectations in every possible metric. It’s not just the top-line job gains, the two month revisions are huge.
The Bureau of Labor Statistics (BLS) report for October shows 128,000 job gains; and that number includes absorption for negative impacts due to -20,000 census workers coming off federal payrolls, and -42,000 striking auto-workers. Far better employment numbers than all projections and estimations.
Additionally, the prior two months had massive upward revisions. August was revised up by 51,000 (from +168,000 to +219,000), and the change for September was revised up by 44,000 (from +136,000 to +180,000). With these revisions, employment gains in August and September combined were 95,000 more than previously reported (BLS Link).

“The October jobs report is unambiguously positive for the US economic outlook,” said Citigroup economist Andrew Hollenhorst. “Above-consensus hiring in October, together with upward revisions to prior months, is consistent with our view that job growth will maintain a pace of 130-150K per month. Wage growth remaining at 3.0% should further support incomes and consumption-led growth.” (link)
The strong employment results are so strong the results now have all of the financial pundits reassessing their prior perspectives on the state of the U.S. economy.
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I’m going to attempt to remove the legal linguistics and explain what appears to be a highly predictable process most are ignoring.
BASELINE – After the 2018 mid-terms, and in preparation for the “impeachment” strategy, House Intelligence Committee Chairman Adam Schiff and House Judiciary Committee Chairman Jerry Nadler hired Lawfare group members to become House committee staff…. Chairman Schiff hired former SDNY U.S. Attorney Daniel Goldman (link), and Chairman Nadler hired Obama Administration lawyer Norm Eisen and criminal defense attorney Barry Berke (link). House Speaker Nancy Pelosi then hired Douglas Letter as House General Counsel – all are within the Lawfare network.
♦On October 25th DC Judge Beryl Howell granted the House Judiciary Committee (HJC) request for legal authority to receive 6e grand jury material underlying the Mueller report.
Additionally, within the Howell decision she officially recognized the HJC effort was predicated on a constitutional impeachment process.
In essence Howell’s opinion granted the HJC with “judicial enforcement authority.”
♦The DOJ moved to appeal the decision and requested a “stay” pending appeal. Judge Howell rejected the “stay” motion.
The DOJ appealed to the DC Court of Appeals. A panel of three judges issued an “administrative stay”, blocking enforcement of the Howell ruling while the appeal was reviewed.
The temporary administrative stay was granted to freeze the status quo while the court considers whether to grant a longer stay that would remain in effect until the DOJ appeal is argued or decided (deadline tomorrow). The outcome is pending. Judge Merrick Garland is the Chief Judge of the DC Appeals court.
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Repost by Request – with intro: After the 2018 mid-terms, and in preparation for the “impeachment” strategy, House Intelligence Committee Chairman Adam Schiff and House Judiciary Committee Chairman Jerry Nadler hired Lawfare group members to become House committee staff.
Chairman Schiff hired former SDNY U.S. Attorney Daniel Goldman (link), and Chairman Nadler hired Obama Administration lawyer Norm Eisen and criminal defense attorney Barry Berke (link). House Speaker Nancy Pelosi then hired Douglas Letter as House General Counsel – all are within the Lawfare network.
[Barry Berke, left and Norm Eisen, right – pictured exiting the HSCI scif with Jerry Nadler on the same day Pelosi’s “Impeachment Inquiry” Resolution was released, 10/29/19]
After Goldman, Eisen, Berke and Letter were hired in late 2018, Pelosi then went about changing the Rules of the House in January ’19. Few were paying attention until recently.
In the last month many people have surmised that Pelosi and Schiff moved to utilize the Ukraine/NSC impeachment angle *after* the Mueller angle for impeachment ran into trouble. However, CTH research (widely criticized in 2018) doesn’t reflect the Whistle-blower impeachment plan as an ‘add-on’. Instead, what we see is the use of the HPSCI; and the use of embeds within National Security Council staff; by design. The Schiff events of today were always part of a prior planned design.
Only two committees hired Lawfare staff in 2018: Judiciary (Eisen & Berke) and HPSCI (Goldman). This evidences a 2018 plan to use the Judiciary and HPSCI for the impeachment process as designed by the Lawfare contractors. This design is also outlined in the year of public advice from the mother-ship, Lawfare.
They impeachment crew always planned to use the House Intelligence Committee; and they always planned to use activated sleeper cells within the National Security Staff. None of this is organic; none of this current action was contingent upon a Trump phone call. The whistle-blower approach was always going to be used; the only issue was: ‘how’?
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