The Michael Cohen plea agreement (full pdf here) is a total of eight counts claimed by the SDNY as unlawful activity.  However, one count is entirely political and not supported by the Federal Election Commission.  Guess which one the media focus on?
Yeah, let’s review.
Within the plea agreement the first five charges relate to tax avoidance, or tax evasion.  Each count relates to a specific tax year: 2012, 2013, 2014, 2015, 2016.  The sixth charge, a bank fraud charge, relates to lying on a credit application.  These six charges appear valid, documented and agreed in the plea. The seventh charge, relates to structuring financial transactions through the use of a corporation. This charge is tenuous, but arguable.
However, the eighth charge is the one the media are focused on.  The charge of an illegal campaign contribution:

This Count Eight transaction surrounds a payment to Stephanie Clifford (Stormy Daniels) of $130,000 for a nuisance claim.  Who says it is a campaign contribution?  The SDNY does, no-one else.  Not even the FEC considers this a campaign contribution.
Count eight is a political charge/plea specifically included for the purpose of pulling Donald Trump into the SDNY Cohen case. There is no FEC violation here.  *Note it is not the Federal Election Commission making the claim, only the SDNY prosecutors.
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Tonight President Donald Trump heads to the Charleston Civic Center in Charleston, WV, for a business round table and MAGA campaign rally.  Pre-rally speakers begin at approximately 6:00pm and President Trump is scheduled to speak at 7:00pm.
UPDATE: Video Added

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UPDATE: Since initially posting the set-up for the July, 2017, FBI sting operation against George Papadopoulos a few more important research details have surfaced.  Charles Tawil, the guy who reached out to Papadopoulos in Greece; and who ultimately gave Papadopoulos $10,000 in cash; was a previous intelligence asset of the CIA and FBI.  SEE WIKILEAKS Cables (circa 2006): Paragraph #8, note:

“These undisclosed sources told Zuma that American citizens (not connected with the U.S. Government) were involved. This in part, coincides with another Embassy contact, Charles Tawil (protect), who told our Economic Counselor on November 29 that Zuma had received information from the mother of the King of Swaziland about CIA attempts to kill Zuma using poisoned clothes from the FBI” (link)

Who was the FBI Director in 2006?  Why, Robert Mueller of course.
On page #9 of the recent Sentencing Memo from Special Counsel Robert Mueller there’s an interesting paragraph about a $10,000 payment made to George Papadopoulos.

(pdf link)

The Daily Caller, via Chuck Ross, dug into that payment and outlined the specifics today:

[…] The Daily Caller News Foundation has learned that a man named Charles Tawil gave Papadopoulos $10,000 during a meeting in an Israeli hotel room in July 2017.
Sources familiar with the matter told TheDCNF Tawil flew to the Greek island of Mykonos to meet Papadopoulos and his now-wife, Simona Mangiante Papadopoulos. Tawil invited the pair to Israel, but Mangiante Papadopoulos stayed behind.

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Representative John Ratcliffe (R-TX) is a member of the House Judiciary Committee and likely will be selected by Chairman Bob Goodlatte as one of the team, from a joint committee assembly, to question Bruce Ohr at the upcoming August 28th testimony.

@02:09

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Bottom line: At the 30,000/ft level the control agents of the Democrat political apparatus are seeing how the RNC, White House and political opposition are aligning the dates to use the manufactured Russia narrative and corrupt Mueller investigation against them. The control agents are the upper-level Democrat donors and political influencers; not the fringe moonbats.
The potential of a crushing political defeat, further destroying the Democrat party for years, is a real and increasingly likely possibility.  The professional political class need to keep the morale up amid the resistance crowd.  The NYT article on Don McGahn, along with a host of other over-the-top fake news claims is part of the morale strategy.

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Personifying what happens when the financial value of a national security clearance is threatened; and highlighting how clearance is traded as currency within the permanent administrative/consulting state; ex CIA official Philip Mudd goes into a rage during a CNN discussion where his personal value would be diminished by losing a security clearance.
If this is the mental stability of people within the intelligence community, who are supposed to be professional consultants available for ongoing advice, well, there’s the problem.  WATCH:

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In direct contradiction to the statements made in the segment; it should be noted (likely to be soon taken down) on the personal website of Philip Mudd he highlights his financial interest, which is the exact point of Paris Dennard:

“Mr. Mudd is the President of Mudd Management, a company specializing in security consulting; analytic training; and public speaking about security issues.  He is a senior fellow at the New America Foundation and The George Washington University’s Homeland Security Policy Institute.  He now serves as Senior Global Adviser to Oxford Analytica, a British-based firm specializing in advising multinational companies.   He sits  on the advisory board for the National Counterterrorism Center and for the Director of National Intelligence, and he serves on the Aspen Institute’s Homeland Security Group.”  (link)

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Sad Panda increasingly frustrated as disruptor Trump heaps vociferous praise on Chairman Xi, while simultaneously out maneuvering Beijing’s geopolitical economic strategy.
China expert Michael Pillsbury discusses the current environment around the Beijing leadership with Fox host Tucker Carlson.  This is really important. WATCH:

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What Pillsbury outlines is exactly what CTH predicted last year when we shared how the Red Dragon would be caught entirely off-guard.  They’ve never seen this approach before.
NOTE: The upcoming Chinese trade delegation is not showing up at the end of this month as a matter of scheduling happenstance.  What no-one in the financial/trade/economic media is connecting is the timing of their visit with USTR Lighthizers’ Section 301 Tariff hearings –SEE HERE.  August 20th through August 27th, you can guarantee the Chinese delegations will be all over those hearings; including dispatching their paid lobbyists to provide input on their behalf.
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Freight hauling trucks are like the lymphatic system within a healthy economy.  As the economy writ large needs to move stuff around, it’s the truckers who git-r-done; and no time in U.S. economic history has there been such a demand for haulers.
In a stunning Wall Street Journal Report they note Analyst group ACT Research says manufacturers are on track for 450,000 orders for heavy-duty trucks this year, easily breaking a 14-year-old record. In July alone, North American fleets ordered more than 52,000 trucks, the largest order in history.   Whoot, Whoot !!

(Via WSJ) An unprecedented run of orders for big rigs has pushed the backlog at truck factories to nine months, according to industry analysts, the largest since early 2006, when truckers stocked up to get vehicles in place before tougher environmental restrictions would take effect. Typically the backlog is about five months for the truck industry’s manufacturers, analysts said.

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Economic analysis can get weedy…. so a simple way to look at productivity is to think about baking bread in your kitchen.
If you were going to bake 4 loaves of bread it might take you 2 hrs start to finish. However, if you were going to bake 8 loaves of bread it would not take you twice as long because most of the tasks can be accomplished with simple increases in batch size, and only minor increases in labor time.  Your productivity measured in the last four loaves is higher.
Economic Productivity is measured much the same way, within what’s called a production probability equation.  Additionally, if two hours of your time are worth $40, each of four loaves of bread costs $10; but if you make 8 loaves in the same amount of time the labor cost is only $5/per loaf.
From 2007 through 2017 the average rate of productivity increase was 1.3%.  However, in the second quarter of 2018 productivity jumped to 2.9%.  That means total business output increased significantly as more product was demanded from within the business operation.  Throughout the economy people just wanted more stuff.
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The future’s so bright…

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