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 †
According to a Fox News release, FBI Director Kash Patel and Deputy FBI Director Dan Bongino found multiple files related to the FBI activity in the Trump-Russia collusion hoax, which included the classified annex to the John Durham investigation, inside burn bags in a secret room at the FBI building in Washington, DC.
The discovered Durham annex is now being declassified by the CIA and others and transferred to Senator Chuck Grassley’s staff who will release it to the public momentarily. WATCH the Senate Select Committee on Intelligence (SSCI) response to these revelations, Chairman Tom Cotton, the guardian of the Intelligence Community, will likely demand special counsels be triggered in order to create the “ongoing investigation” defensive shield needed for his benefactors.
That’s how the silo system in DC rolls.
DC EXCLUSIVE: FBI Director Kash Patel found a trove of sensitive documents related to the origins of the Trump–Russia probe buried in multiple “burn bags” in a secret room inside the bureau, sources told Fox News Digital.
Sources told Fox News Digital that the “burn bag” system is used to destroy documents designated as classified or higher. Sources told Fox News Digital that multiple burn bags were found and filled with thousands of documents.
Sources told Fox News Digital that one of the documents FBI officials found in a burn bag was the classified annex to former special counsel John Durham’s final report, which includes the underlying intelligence he reviewed.
President Trump recaps the latest strong economic numbers and launches the CMS Digital Health Tech Ecosystem during an event at the White House today. WATCH:
FED Chairman Jerome Powell announced today the FED Board of Governors is keeping the interest rate at 4.25 to 4.5 percent. The Central Bank of the United States is trying to create an unsustainable debt spiral.
The goal of the FED (Central Bank) is to create a debt spiral that leads to a crisis. This is the way the Central Bank controls the activity of the smaller banks. This is the way the Central Bank keeps control over the people in America. WATCH:
Don’t pretend. Stop being a battered victim to an abusive relationship with government.
President Trump is pumping money into the USA economy through economic growth, tariff revenue, federal govt downsizing, expanded private sector employment and wage growth.
The Central Bankers are trying to drain money from the USA economy through monetary policy and control over the behavior of the smaller regional banks and credit unions.
Too funny. The economic pretending is so strong almost every outlet leads the Gross Domestic Product news release by saying “better than expected.” Duh! The Bureau of Economic Analysis (BEA) releases the GDP date for the second quarter (Q2) and shows a 3.0% jump in economic growth.
We say “duh”, because it was an entirely predictable result. Why, because imports are a deduction to the GDP equation and imports dropped 30.3% in the second quarter (Table 1, line 19). We said this was going to happen because there was a surge of imported goods in the first quarter as companies tried to be proactive with orders in advance of tariffs.
That massive influx of imports made the Q1 GDP weak (-0.5%). Conversely, with all those goods delivered in the first quarter, the products were not imported in Q2 and the GDP rebounded. The lack of imports, ultimately the lack of deduction, resulted in a 5.18% positive change to the second quarter GDP (Table 2, line 47).
But wait, the winning doesn’t stop there. Remember, the Big Beautiful Bill just passed in July. That means fixed asset investment is likely to expand in Q3 because 100% expensing on capital investment was part of the BBB.
But wait, there’s more. Annual wages spiked 4.4% — double the rate of inflation (2.1%). That means people are growing their wage incomes twice as fast as prices are rising. Real wage growth is back again! Yes, REAL WAGE GROWTH.
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.
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 †
This is one of those interviews that simply must be watched in its entirety. It’s long, almost 3 hours, but take the quiet time to watch and absorb the information provided by economist Professor Richard Werner.
Werner discusses something absolutely vital to understand about the nature of economics and the banking system that underpins it. You have often heard me say “there are trillions at stake” when describing the elements aligned against President Trump. Well, Werner gives context to what lies behind those trillions.
Nine years ago, as President Elect Trump won his first election, I wrote about the future of economics and the potential if a Main Street monetary and banking system was created. {GO DEEP} Richard Werner discusses the specific issue of how credit creation by regular banks actually creates money. He’s the first person I have seen speak who really gets it.
There are distinct differences between banks creating money for asset purchases (inflation), consumer purchases (inflation) and GDP growth (Main Street expansion). He simply nails it, and that is why he was put on the CIA radar.
When Werner speaks of the need for two distinct banking systems as a solution to the “inflationary” impact of money created for asset purchases vs GDP growth, he is specifically highlighting the difference between Wall Street money and Main Street money. This, in the largest measure, is exactly why President Trump and Secretary Mnuchin created the dual banking system. This is what led to the global pandemic as a tool to stop President Trump.
I cannot recommend this interview enough. However, don’t sell yourself short. Find a quiet place, quiet time, and take notes as you listen to Richard Werner outline the true and unspoken nature of how money is created.
When you understand what Werner is saying, everything the FED and Central Banks do starts to make sense. WATCH:
Behind what Werner is explaining you will find the motives to oppose President Trump. Werner doesn’t draw the connection to Trump’s policies, but when you hear him outline the history and the problem you will get it.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer hold a joint press conference in Stockholm after concluding the third-round of trade talks with Chinese officials.
The discussion and press availability covered U.S-China trade negotiations, economic cooperation and whether President Trump will meet Xi Jinping. Key moments include questions on tariffs, supply chains, and Beijing diplomacy. WATCH:
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Treasury Secretary Bessent notes as the U.S. economy continues strengthening, and as each trade deal with the U.K, Japan, ASEAN nations and Europe have cemented, the talks between the U.S. and China become more substantive.
With each global trade partner agreeing to terms of access to the USA market more pressure is naturally created on China to complete negotiations and affirm their position as supplier to the world’s largest market.
Following the breaking news of the U.S-EU trade deal with Commissioner Ursula von der Leyen, President Trump sits down for an extensive interview with Miranda Devine.
President Trump talks about the trade agreement with the EU in addition to overall perspectives on trade, tariffs and the goals of the America-first economy. Additionally, President Trump talks about immigration challenges, current events and the intelligence documents declassified by Director of National Intelligence Tulsi Gabbard. WATCH: