If the U.S. were to exit NAFTA (North American Free Trade Agreement), the price you pay for most foodstuff at the grocery store would drop 10% in the first quarter and likely drop 20% or more by the end of the first year. Here’s why:

Approximately a decade ago the U.S. Dept of Agriculture stopped using U.S. consumer food prices within the reported measures of inflation. The food sector joined the ranks of fuel and energy prices in no longer being measured to track core inflation and backdrop Fed monetary policy. Not coincidentally this was simultaneous to U.S. consumers seeing massive inflation in the same highly consumable sector.

There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

When you understand how trade works in the modern era you will understand why the agents within the system are so adamantly opposed to U.S. President Trump.

The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

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U.S. Steel and Aluminum tariffs are just one component of a larger economic issue. Bringing back U.S. production on those sectors is vital to the infrastructure of a manufacturing and production economy. Modern Wall Street is centered on multinational interests within economic globalism. Weaken the trade grip of the multinational corporations and their financial manipulation upon the U.S. economy, and Wall Street will drop… this is not difficult to predict.  This is also necessary.

Last week President Trump spoke candidly with the White House assembly of U.S. Governors about the critical need to re-evaluate their position(s) on trade.  President Trump’s remarks were direct, but also nuanced toward the audience.  A few hours later the White House announced President Trump had promoted his economic guru, Peter Navarro to be Assistant to The President.

Mr. Navarro’s job is to counter the false narrative from the GOPe, U.S. Chamber of Commerce and Wall Street crowd. Cue the audio visual demonstration (two video segments):

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Segment #2 below:

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The professional financial class are going bananas at the steel and aluminum tariffs being implemented by the Trump administration.  As expected, most of the apoplectic drum-beating is coming from the Wall Street crowd.  This same Wall Street crowd conveniently overlooks that last year the EU imposed even HIGHER tariffs on steel and aluminum than the Trump administration is proposing now.

Laughably this group of talking heads is pitching the trade and economic position of Canada and the EU in their talking points. However, the hypocrisy is off the charts.

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If you think the professional financial class are over-the-top now, just wait until the administration pulls out of NAFTA. These are the battles that matter. The administration is directly over the target. The multinational corporate crowd, including their corporately owned media, are pushing a fundamentally false set of talking points; their economic dishonesty reflects their desperation.

When Main Street economic principles are applied Wall Street will initially lose. There’s no way for this not to happen. Most of Wall Street is built on the Multinational platform of economic globalism. Weaken the grip of the multinational corporations and financial interests on the U.S. economy and Wall Street will drop… this is not difficult to predict. This is also necessary.

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The New York Times (Matt Appuzzo & Adam Goldman) published an article yesterday citing a pending DOJ Inspector General Horowitz report that points the finger at former Asst. FBI Director Andrew McCabe for leaking information to the media.

Citing four people familiar with the IG inquiry, the motive for the New York Times is transparent. The “small group” of DOJ/FBI officials are trying to head-off the disturbing aspect to the IG outline and spin a false narrative.   However, our earlier research into the text messaging of Lisa Page and Peter Strzok, in combination with the leak in question to former Wall Street Journal reporter Devlin Barrett, allows us to see through the narrative.

The unnamed officials within the back-story, clouded by the verbiage in both the New York Times recent article and the Washington Post follow-up, are all ‘small group’ members: FBI Asst Director Andrew McCabe, FBI Agent Peter Strzok, FBI Attorney Lisa Page, FBI Chief of Staff Jim Rybicki and FBI Public Relations Director Mike Kortan.

Prior reporting showed Asst. FBI Director Andrew McCabe -along with the entire small group- became aware of the Clinton emails on the Huma Abedin/Anthony Weiner laptop on September 28th, 2016.  Attempting to protect Hillary Clinton, text messages showed McCabe and crew withheld that information for several weeks until October 28, 2016, when congress was notified and a public statement was made by Mike Kortan and FBI Director James Comey.

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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 †

White House Director of the Trade Counsel and Economic Policy Adviser, Peter Navarro, appears on Fox News with Tucker Carlson to discuss likely import tariffs on Steel and Aluminum.

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This evening House Intelligence Chairman Devin Nunes sends a letter to Attorney General Jeff Sessions questioning the protocol and legality of a fraudulent FISA application submitted by the FBI.   This approach sets up AG Sessions to defer the legal framework to OIG Michael Horowitz, and establishes the public basis for parallel prosecutors within the DOJ.

However, keep in mind, it’s extremely likely, almost certain, these prosecutors already exist – they are already working with Horowitz.  Evidence of this is found in the memo quotes from Bill Priestap, but those not following the granular details are unaware.

In the letter to AG Jeff Sessions (full pdf below), Nunes is requesting the DOJ provide answers to what his committee calls “clear violations of FBI protocols” in obtaining the FISA Title-1 warrant against Carter Page on October 26th, 2016.

Chairman Nunes also wants to know whether guidelines embodied in the latest 2011 version of the bureau’s Domestic Investigations and Operations Guide (DIOG), outlining what the FBI must do when submitting an application for a FISA warrant, was changed to allow the bureau to obtain a warrant with less evidence. “If not, what steps has the DOJ/ and FBI taken to hold accountable those officials who violated those protocols,” Nunes asks Sessions:

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MAGAnomics baby!!  Throw dem ju-ju bones out the windows and hold on to your britches…  The U.S. Dept of Labor is reporting unemployment claims have dropped to 210,000.  That’s the lowest jobless number since December 6th, 1969.

You know what this means right?

…wait for it.

…wait for it.

That’s right. We better grab chin straps for the hard hats, because pay raises and wage rate increases are thundering toward the middle-class like an unstoppable herd of buffalo. Exactly on schedule.  Cha-ching & Ka-pow.

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Earlier today First Lady Melania Trump and Senior Policy Adviser Kellyanne Conway held a summit on the opioid epidemic at the White House (videos below).  At the conclusion of the meeting, President Trump delivered closing remarks:

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Full video of the summit is below:

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