The Bureau of Economic Analysis (BEA) has released Q4 (November) import/export data showing a considerable drop in the U.S. trade deficit. [Release Here]  Exports increased approximately .7 percent ($208.6 billion) while imports dropped one percent ($251.7 billion.  Lowering the overall trade deficit to $43.1 billion.

While the pundits are surprised at the strong result, it should not come as a surprise to many CTH readers.  During Q2 (June) and Q3 (July, Aug, Sept) the rate of GDP growth was impacted -in part- by inflated U.S. purchases as companies bought holiday merchandise earlier than normal.  This was an effort to avoid looming tariffs, and as a result companies increased their overall inventory.  We predicted Q4 purchases (Oct, Nov, Dec) would be lower specifically because of this backlog of retail inventory.
With the massively successful holiday season now over, those inventories have sold.  Specifically because the value of imports are deducted from the GDP calculations, there will likely be a much stronger Q4 GDP growth resulting from less import activity.
The Wall Street financial pundits are too focused on the multinational side of the ledger; and they simultaneously don’t review data from a Main Street perspective; therefore they don’t see -or pretend not to see- the common sense equation staring them in the face.
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Senate Finance Committee Chairman Chuck Grassley held a mark-up hearing today to review the USMCA and vote the agreement out of committee.  After debate the agreement passed with a 25-3 vote.  Pat Toomey (R-PA), Sheldon Whitehouse (D-RI), and Bill Cassidy (R-LA) voted against the agreement (full hearing video below)

The USMCA is now sent to the full Senate for a vote this month; however, it is interesting to hear the reasons why Toomey, Cassidy and Whitehouse oppose it.
Senator Whitehouse (D) opposes USMCA because it doesn’t address climate change and have the provisions within it to support the Paris Climate Treaty.  Senators Toomey (R) and Cassidy oppose USMCA because it is not friendly to the Wall Street multinationals.
Senator Toomey doesn’t like that the Senate cannot change the USMCA to make it more favorable to the Wall Street multinationals who are invested heavily in China.  Toomey, speaking on behalf of several, noted the Trans-Pacific-Partnership (TPP) is a better trade construct.  Quite a remarkable mask-dropping was visible during the hearing.
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Unfortunately we anticipated the DOJ reversing their prior sentencing recommendations for Michael Flynn and that’s exactly what has happened.
In the 2018 sentencing recommendations prosecutors recommended probation. However following Flynn’s unsuccessful effort to access material evidence favorable to his defense, federal prosecutors under U.S. Attorney General Bill Barr are now requesting Michael Flynn be sent to prison for a sentence of up to six months.

(pdf Link – full DOJ sentencing recommendation)

Flynn is scheduled to be sentenced by Judge Emmet Sullivan on Jan. 28, 2020.
The irony here is the DOJ used the threat of FARA charges to compel the guilty plea.  The DOJ then went after Flynn’s former partner Bijan Rafiekian on those exact FARA charges Flynn plead guilty to avoid.  Mr. Rafiekian’s sketchy DOJ conviction was overturned and the indictment against him dismissed in September by a federal judge who said there was insufficient evidence to sustain the case.
The case against Rafiekian was dismissed. However, the case against Flynn, which was based on Flynn’s effort to avoid the case against Rafiekian, will likely see Flynn serving prison time.  No prison for Rafiekian, and prison for Flynn.  Go figure.
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Earlier today Secretary of State Mike Pompeo held a press briefing to discuss the ongoing issues with Iran and Iraq.

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

President Trump Twitter @POTUS / Vice President Pence Twitter @VP

Stephanie Grisham Twitter @StephGrisham45

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †

CNNi  (CNN international) via Becky Anderson, based out of Abu Dhabi, attempts to push a false propaganda narrative against State Dept Spokesperson Morgan Ortagus.   Things didn’t work out as planned.  The pontificating Anderson was left speechless.  Funny.

Ms. Anderson intentionally ignored the E-3 Statement of support from earlier today and attempted to push a narrative of the U.S. being isolated within the international community.  Mrs. Morgan Ortagus shredded the CNNi narrative engineer.  WATCH:

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Representative Jim Jordan discusses the ongoing impeachment fiasco and Pelosi still withholding the articles from the Senate; and contrasts the DC nonsense against the foreign policy accomplishments of President Trump.

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Sara Carter held a pod-cast interview with HPSCI ranking member Devin Nunes.  At approximately 36:25 of the interview congressman Nunes discusses the testimony of Intelligence Community Inspector General Michael Atkinson.

The transcript from Atkinson’s House testimony has never been released.  Rep. Nunes states the reason HPSCI Chairman Schiff has kept the transcript hidden and classified is because the content is extremely damaging to the origin of the impeachment fraud.  Additionally, the testimony from Atkinson conflicted with evidence which surfaced later:

“[Atkinson] is under active investigation. I’m not gonna go any farther than that because you know obviously he has a chance to come in and prove his innocence, but my guess is Schiff, Atkinson they don’t want that transcript out because it’s very damaging”… (Link)

CTH has previously outlined ICIG Michael Atkinson as a dirty player amid a network of very corrupt officials who hold self-interests from participating in unlawful abuses of government surveillance including the DOJ and FBI activity during the 2016 election.
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Earlier today Senate Majority Leader Mitch McConnell delivered remarks about the U.S. strike in Iraq that killed terrorist Qassem Soleimani:

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[Transcript] “As the Senate convenes this afternoon, we find our nation facing two grave and serious choices. One concerns our unity at home and the future of our Constitution; the other involves our strength abroad and the security of our homeland.
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