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Super-MAGA-nomics: American Economic Optimism Soars, Main Street is Back…

Last Friday the New York Federal Reserve raised its estimate of U.S. GDP growth for the fourth quarter of 2017 to four percent.  That’s officially the unattainable, impossible magic-wand-level of GDP growth all the ‘experts’ said was impossible.  Why did they make that ‘unexpected upward’ re-re-re-revision?  Because the underlying economic activity represents facts that cannot be denied. The economy is on-the-move.

…”Hold on to your economic britches peeps – throw dem ju-ju bones out the windows – grab hold of the young-un’s, squeeze em tight and introduce them to ‘capitalism unchained’. We are in uncharted MAGA territory now. Q4 will be well beyond 3.2% 3.8%  3.9% 4.0%… Well Beyond.”…

The actual economic activity noted in virtually every region in the U.S. is so strong the polling measures of economic optimism are reaching new records.  Today, as an example, for the first time in their 11 year CNBC All-American Economic Survey  more than half of all Americans responding to the questions rate the economy as good or excellent.  Additionally, nearly 41 percent of Americans say they expect the economy to be better a year from now. These represent the most optimistic results CNBC has ever recorded.
We would be remiss if we didn’t note a specific choice of words used to describe the economic conditions being measured:

…”We’re not measuring a marginal change in the economy, we’re measuring a different economy.”…

Sound familiar?
It should….
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President Trump Weekly Address – December 16, 2017

President Trump delivers a weekly address to the nation focusing on the topic of immigration, and specifically the need to eliminate chain migration and lotteries.


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[Transcript]  My Fellow Americans,
This week I signed the National Defense Authorization Act – a historic step forward to rebuild our military. Now, it is critical for Congress to pass the Clean Government Appropriations Bill that fully funds our Military Needs. We must not play politics with our troops – we should pass a clean funding bill and leave the politics aside. We must protect our nation.
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President Trump Impromptu Presser En Route To Camp David…

Earlier this morning President Trump stopped on the South Lawn prior to getting on Marine-One headed to Camp David.
President Trump is completely on stride now.  The final tax reform product is not quite as good as he originally hoped, but the underlying business side has all the essential elements needed to fuel GDP well beyond 4%.   Titan POTUS is deep in his comfort zone right now, and has gamed out his targeted economic objectives.  Bigly.


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If congress screws this vote up now, you can easily expect President Trump to tear the dome of the Capitol Building, personally.  1.) Pass the tax bill. 2.) Exit nafta  3.) Leverage more manufacturing company returns.  4.) Investment chases opportunity.
Lastly, watch the stock market continue increasing because actual profits, not paper shuffling, will reflect the stunning engine of U.S.A Main Street roaring back to life.
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Oh, Here We Go…

…Giddy up!  Democrats just realized the years-long DOJ Office of Inspector General (OIG) investigation is about to bite them, hard.  We are now entering the political combat zone where congressional democrats will attack the IG, in advance of the pending report.
Ironically, the Inspector General investigation led by Michael Horowitz was originally a lame-duck request (January 12, 2017) by Democrats prior to President Obama leaving office. [OIG Origination pdf HERE] That’s one of the more brilliant aspects towards its value.  The resulting investigation into the politicization of the FBI and DOJ is revealing details of how both departments were corrupted by political operatives friendly to Democrats.  Consequently, their own demanded investigation now becomes a risk.

(OIG Horowitz, AG Jeff Sessions, FBI Director Chris Wray)

As described by Politico: “Judiciary Committee ranking member Jerrold Nadler of New York and two other panel Democrats asked for a full review of DOJ’s decision making that led to Tuesday night’s release of about 375 texts that the FBI officials — Peter Strzok and Lisa Page — sent over a 15-month period during the 2016 presidential campaign.
Democrats are furious the Strzok/Page text messages were released by DOJ Inspector General Horowitz to the House Committee.  They’re mad because the releases provide evidence of the corruption Jerold Nadler and Democrat leadership want to keep hidden.  However, as we have shared, the Inspector General is releasing some of the evidence collected so that the Intelligence and Judiciary Committees can question FBI and DOJ leadership about the content – and this approach rolls out the much bigger story.
In essence, Inspector General Horowitz is providing the American people with information the Democrats want to keep hidden.  Institutionally, the black hat usurpers, mostly mid-level management and staff within the DOJ and FBI, have been stalling and blocking congressional inquiry into their nefarious, and politically motivated schemes.
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T-Rex Goes To U.N. To Confront North Korean Nuclear Weapons…

Today Secretary of State Rex Tillerson went to the United Nations to deliver a strong diplomatic message to the North Korean regime about their ongoing nuclear ambitions.
President Trump and Secretary of State Tillerson are asking Chinese Chairman/President Xi Jinping to cut off the oil supply to the DPRK.
If you have not watched the prior ‘deep weeds discussion‘ by T-Rex on the specific reason why the U.S. cannot, ever, accept a DPRK with nuclear weapons, you should.  Two very specific reasons why also explain why traditional state adversaries China and Russia are willing to put aside their differences with the U.S. and work to denuclearize N-Korea:

  • #1) The DPRK have stated, through actions and words, they intend to use nuclear weapons as a larger strategy, a shield per se’, toward advanced conventional military action in the region.  And more importantly…
  • #2) The DPRK have stated, through actions and words, they intend to commercialize nuclear weapon manufacturing and distribution, thereby selling completed nuclear weaponry on the global market.

Given the unconscionable risk of having terror state actors gaining nuclear weapons for use against any nation, the threat of such a stunning and dangerous possibility can never be accepted.  Which leads to three important videos from today:

(TRANSCRIPT AVAILABLE HERE)

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Stunning MAGAnomics – Holiday Sales Nearly Tripling Previous Forecasts…

On the same day that DoLS reports unemployment claims are at their lowest level in 45 years; and on the same day when Reuters economist panel admits that wages are indeed going up quickly now; well, the November holiday sales results are being reviewed and the results are stunning.

(Reuters) U.S. retail sales increased more than expected in November as the holiday shopping season got off to a brisk start, pointing to sustained strength in the economy.
[…]  The Commerce Department said retail sales rose 0.8 percent last month, with households buying a range of goods even as they cut back on purchases of motor vehicles. Data for October was revised to show sales gaining 0.5 percent instead of the previously reported 0.2 percent increase.
Retail sales accelerated 5.8 percent on an annual basis. Economists polled by Reuters had forecast retail sales increasing only 0.3 percent in November. (link)

5.8% growth over last year is BIGLY yuge.  We’re talking about massive numbers. To move them almost 6% is bigly. Remember, retail sales account for approximately two-thirds of all U.S. economic activity within our GDP valuation.  We are the world’s largest market economy.
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Lou Dobbs Interviews Representative Jim Jordan – FBI and DOJ Leadership Conspiring Against Donald Trump…

After the House Judiciary hearing today, Lou Dobbs debriefs Jim Jordan on the current status of recent revelations.  The current Office of Inspector General is providing daily information surrounding their years-long investigation into politicization of the FBI and DOJ by senior levels of Obama leadership withing the organization.
The bigger issue now surfacing is how Obama Administration officials within the Federal Bureau of Investigation and Dept of Justice have been caught using their investigative and legal authority to target the political campaign of Donald Trump.   Essentially the government was weaponized against a political opponent.
What is being brought to the surface is treasonous in its unlawfulness.
Because the larger ramifications are so consequential, it is now increasingly obvious the OIG is carefully providing sequenced information to the larger public, in small portions, enabling the public to digest the severity and scope.


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Over the past two weeks we have seen releases from the IG that are building toward a much more consequential outcome.  The corruption is jaw-dropping. The very heart of the U.S. system of Law (DOJ) and Order (FBI) is now at risk.  The IG obviously understands the need for caution within these discoveries.
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European Leaders Claim U.S. Corporate Tax Reform Presents Unfair Global Trade Advantage…

If there is anyone who didn’t quite understand the quote: “there are trillions of dollars at stake”, in the context of the 2016 election, well, a letter today from the biggest EU economic nations will provide greater context.
Additionally, as you absorb the position behind their claims, never forget how much foreign governments spend in lobbying the U.S. congress for legislation adverse to the interests of U.S. workers.
Britain, France, Germany, Italy and Spain are claiming the U.S. congress has no right to reform the U.S. tax code because the reforms undercut their ability to hold an advantage over the U.S. in multinational trade deals.
This quote is particularly enlightening:

[…]  The letter argues that proposed changes to the U.S. tax code could give American companies an advantage over foreign rivals.

The Globalist Position: ‘All your tax code are belong to us.’  Yes Alice, the election of President Trump, and the specific economic and trade policies within his platform, are an existential threat to decades long multinational schemes.

CNN MONEY – Germany, France, Britain, Spain and Italy have written to Treasury Sec. Steven Mnuchin, arguing that tax bills passed by the House and Senate run afoul of treaties and could distort international trade.

“It is important that the U.S. government’s rights over domestic tax policy be exercised in a way that adheres with international obligations to which it has signed-up,” the letter states. It was signed by the countries’ finance ministers.

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President Trump Signs FY18 National Defense Authorization Act…

Earlier today President Donald Trump and Vice-President Mike Pence participate in a White House signing for HR2810 the National Defense Authorization Act for fiscal year 2018.  This spending authorization represents the first time the defense budget has increased in many years.


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[Transcript] 12:03 P.M. EST – THE PRESIDENT: Thank you very much. Mr. Vice President, Secretary Mattis, General Dunford, senior military leaders, and distinguished guests, thank you all for being here as we prepare to sign something that is extremely important: the National Defense Authorization Act. We’re signing it into law.
This historic legislation demonstrates our unwavering commitment to our men and women in uniform — the greatest fighting force in the history of the world. And we’re making it a lot better than even that.
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U.S. Trade Ambassador Robert Lighthizer Tells World Trade Organization They are More Focused on Litigation than Trade…

USTR Robert Lighthizer is attending the World Trade Organization (WTO) summit in Argentina.

[…] Ahead of the meeting, the United States blocked efforts to draft a joint statement emphasizing the “centrality” of the global trade system and the need to aid development. Its opposition has raised concerns that the WTO will not be able to accomplish even modest goals, such as addressing fishing and agricultural subsidies, at the conference. (Reuters)

The Ambassador’s opening remarks to the conference are below and include Lighthizer rightly informing the WTO that the Trump administration believes they have strayed far away from trade issues and are now, essentially, uni-focused on litigation.  He’s right.

[Transcript] “I would like to start by thanking the government of Argentina for hosting MC11, and Minister Malcorra, Director General Azevedo, and their staffs for their excellent work. We appreciate all the effort over many months that go into creating a conference of this magnitude.
In the brief time I have, I would like to make a few basic points.
First, the WTO is obviously an important institution. It does an enormous amount of good, and provides a helpful negotiating forum for Contracting Parties.  But, in our opinion, serious challenges exist.
Second, many are concerned that the WTO is losing its essential focus on negotiation and becoming a litigation-centered organization. Too often members seem to believe they can gain concessions through lawsuits that they could never get at the negotiating table. We have to ask ourselves whether this is good for the institution and whether the current litigation structure makes sense.
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