Earlier today President Trump delivered a speech to the Latino business coalition legislative summit. President “Patrone’” Trump noted ongoing economic growth, employment success, and the unfortunate intransigence of the Democrat opposition in Washington DC.

[Transcript] 12:03 P.M. EST – THE PRESIDENT: Thank you very much. Thank you. And thank you, Hector. I’m thrilled to be here with so many of our incredible leaders in the Latino business community. And you folks are good business people. I know that. I know that for a fact. I’ve had to compete against you for a long time. (Laughter.) In fact, I said, I want to get out of that; I want to be President. It’s easier. (Laughter.)

But I especially want to thank Chairman Hector Barreto for the invitation and for the many years of his leadership on behalf of America’s small businesses. I also want to recognize Secretary Chao who’s joining us today. Elaine? Hi, Elaine. (Applause.) You’re doing a fantastic job, by the way. Thank you very much, Elaine.

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Sarah Huckabee Sanders delivers the White House press briefing for Wednesday March 7th, 2018.  Anticipated start time 2:00pm EST:

UPDATE: Video Added

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Attorney General Jeff Sessions and the U.S. Department of Justice is filing an injunction to block enforcement of three California immigration laws, each enacted within the past year.

Summary of California Laws Being Challenged:

(Encapsulated from Fox News coverage)  ♦ One law offers additional worker protections against federal immigration enforcement actions. Senior Justice Department officials have said it’s prevented companies from voluntarily cooperating with Immigration and Customs Enforcement (ICE) officials.

Employers are mandated under the law to demand ICE agents present a warrant or subpoena before entering certain areas of the premises, or when accessing some employee records. Some companies have complained they’ve felt torn between trying to comply with seemingly contradictory state and federal statutes, since penalties for non-compliance can be steep from both entities.

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Maria Bartiromo interviews Treasury Secretary Mnuchin to discuss Gary Cohn’s departure from President Trump’s National Economic Council (NEC).  {Deep Dive Here}  Secretary Mnuchin talks about the larger MAGAnomic objectives, and the transition of the administration into ‘policy phase-2’ with all attention now focused on Main Street.

Great Interview:

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♦Economic Patriotism – ‘America First’:
√ Unleash energy development. Drive down energy costs. Lower cost-of-living.
√ Eliminate regulatory stranglehold. Unleash free market entrepreneurial expansion.
√ Lower corporate tax burden. Position business investment ‘best bet’ domestically.
√ Generate investment expansion. Create: jobs, jobs, jobs.
√ Generate higher labor demand. Jobs, Jobs, Jobs = Higher wages, wages, wages.
√ Lower middle-class tax burden. Combine higher wages with lower taxes. 2x benefits.
==> WE ARE HERE <==
• Structure trade deals to benefit workers/companies inside the U.S.
• Leverage access to U.S. market as incitement for domestic investment.
• Economic Growth + Domestic Manufacturing Expansion =  GDP increases.
• Increased overall tax revenues from expanding economy stabilizes debt and entitlements.

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*ahem* As if on cue…

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DEEP-DIVE FULL BACKSTORY

The Eagle, The Panda and The Red Dragon

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MRC News has just released a study of ABC, CBS and NBC broadcast news coverage for the first two months of 2018.  The results are almost identical to the results from 2017, and highlight the extreme media bias against a republican president.

(Via NewsBusters) So far, 2018 looks an awful lot like 2017 — at least when it comes to the broadcast networks’ hostile approach to Donald Trump. A Media Research Center analysis of the ABC, CBS and NBC evening newscasts in January and February found ten times more negative comments about the President than positive statements, and found the ongoing Russia investigation once again swamped all other topics.

For this study, MRC analysts looked at all 505 evening news stories that mentioned President Trump or his administration in January and February. Out of 851 total minutes of airtime devoted to the administration, the networks spent almost one-fourth of it (204 minutes, or 24%) on the Russia investigation, eclipsing other major topics such as the economy, immigration reform, and even the gun debate. (read more)

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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

Sarah H Sanders Twitter @SHSanders45

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 †

Very cautious optimism because Red Dragon has history of using the Panda Mask to cloud intents as a strategy.   North Korea is a proxy state to their enabler, China.  DPRK Kim Jong-un is little stompy-feet panda to the big panda/red dragon, Chairman Xi Jinping.

The one constant in an ever-changing universe is the gravity of China; it only goes one-way.  China allows and directs what is in China’s best interests.  Period.

Chinese Chairman-for-life Xi Jinping (all he represents) view smiling panda economics as modern intercontinental nuclear weapons.

Chairman Xi and President Trump have been deep inside a geopolitical smiling contest for over a year.  Xi and Trump are playing grandmaster level geopolitical economics.  Their most consequential moves are well beyond the horizon; far away from the gaze of the crowd; the media is oblivious to them.

•Japan (Shinzo Abe) has stated they have “great confidence” in President Trump’s Asian national security approach. •South Korea (President Moon Jae-in) stated they are “confident there will not be war again on the Korean peninsula“; •and they are willing to send a special envoy to North Korea to begin talks. •In addition, China quietly removed the 71-year-old veteran diplomat, Wu Dawei, from the position of negotiator toward the DPRK, and replaced him with 58-year-old Kong Xuanyou. Kong is a long time Chinese diplomat in charge of Asian affairs and he speaks Korean.

All of this was generally under-reported and took place months before President Trump arrived in Asia last year.  The U.S. media was busy pushing racism and Charlottesville narratives.  More importantly this quiet activity took place while President Trump directed US Trade Rep Robert Lighthizer to begin a section 301 trade investigation (Intellectual Property theft) into China.

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There will obviously be another media cycle decrying crisis at the White House with the announcement that National Economic Council Director Gary Cohn is departing.

However, for those who follow the administration closely, this was a foregone conclusion; the MAGAnomic “America First” policy has a specifically timed exit ramp for just this purpose.

We have previously outlined the relationship between President Trump and Gary Cohn HERE – Along with what each of them brings to the perspectives of the other.  In addition, the larger Trump economic policy always held two distinct aspects:

1. The financial aspects – taxes and monetary policy stability; or perhaps more succinctly the Wall Street aspect.
2. The trade, jobs and manufacturing aspects – trade policy; or perhaps more succinctly the Main Street aspect.

The implementation of Trump’s economic policy involves those two elements: Taxes and Trade. Inside the Trump administration there are economic policy advocates who agree on the tax element, but disagree on the trade element. Economic adviser Gary Cohn is an example.

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