Just a short post to reflect upon. We have consistently stated the #1 reason for opposition to President Trump is financial (ie. economic); “There are Trillions at stake“. Everyone admits the past 40+ years of U.S. trade deals have resulted in the massive export of U.S. wealth via jobs and manufacturing gains within other nations. […]
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Republic Steel Announces Recommission of Lorain Ohio Steelworks – Hundreds of Jobs Scheduled to Return….
Excellent news for the community of Lorain, Ohio, where it was announced today that Republic Steel has plans to recommission at least one blast furnace by the end of this year. They are also estimating the possibility of putting a second blast furnace back on-line due to production forecasts as a result of President Trump’s […]
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Here’s Who Hired the 313k Employees…
While February was expected to match the January payrolls number at best, the February payrolls print was a blockbuster, blowing expectations out of the water with 313K jobs added, over 785K according to the Household Survey, and a record 1 million full and part-time jobs. So which sectors were responsible for the surge in February […]
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Defying Expectations, American Businesses Added 235,000 Jobs in February…
The jobs market is red hot right now. American businesses added 235,000 jobs in February, ADP and Moody’s Analytics said Wednesday. January’s private sector payroll number was revised upward to 244,000 from the initial report of 234,000. That was far more than the 195,000 expected by economists. “The job market is red hot and threatens […]
Federal Government Gives $2 Billion if Businesses Hire Aliens over Americans…
The Federal government is still incentivizing businesses to favor immigrants over Americans, to the tune of $2 billion in subsidies across the country, according to the Center for Immigration Studies. They do this via the Optional Practical Training (OPT) program. This program by the Federal government provides money to businesses that discriminate against American citizens […]
Europe Preparing to Retaliate Against U.S. Steel Tariffs by Hitting U.S. Jeans, Bourbon, Harley’s…
The European Union said Tuesday it was preparing to hit a range of well-known U.S. goods with a steep 25 percent tariff, to retaliate for the 25 percent steel tariffs the U.S. plans to impose on steel imports. The EU is getting ready to hit goods like jeans, bourbon, motorcycles, and a range of agricultural […]
Will Gary Cohn’s Departure Lead Trump to the Full Koch Agenda?…
Wall Street is losing its bedtime snuggly and comfort blanket in the White House. After a tortuous 14 months replete with crazy tweets from the President, Russia-probe indictments and guilty pleas, failure to talk Trump out of withdrawing from the Paris climate accord, revelations of hush money paid to a porn star by Trump’s personal […]
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NAFTA Round Seven Ends in Mexico City With Negligible Progress – USTR Lighthizer Remarks (Transcript)…
Dear Ambassador Lighthizer, love ya’ but enough already. After eight months, and seven rounds of negotiations, only six trade chapter agreements -out of 30- have been closed. It’s an election year in Mexico (July), Canada and the U.S. (November). Time to cut bait; call the baby ugly; end the nonsense; stop the backslapping; put everyone […]
U.S. Chamber of Commerce Unleashes Their Politicos: Steel Tariff Sparks GOP Talk about Stripping Trump’s Trade Powers…
President Trump’s threat to impose steel and aluminum tariffs has some Republicans so worried that they’re considering legislation to curtail the power of the president to control trade policy. Trump has said he would impose 25 percent tariffs on all steel imports and a 10 percent tariff on aluminum, both in the name of national […]
We’re Not Starting a ‘Trade War’ – We’re Revoking Prior Agreements of Preordained Surrender…
When it comes to business there’s one group that believes they, above all else, know how business should be conducted at all levels. The problem is most, if not all, have never run a business in their careers. If they have, it’s quite common that it never rose beyond the equivalent of a lemonade stand. […]
Luxurious Newly Renovated Consumer Financial Protection Bureau’s Headquarters Is Infested by Rats…
Rats — actual rodents — are infesting the newly renovated Consumer Financial Protection Bureau’s headquarters, The Daily Caller News Foundation has learned. Hundreds of the agency’s employees moved into their beautiful $124 million headquarters across the street from the White House in October as construction was still underway. Upon entering, they discovered rats also were […]
U.S. Marshals Service to Sell Nearly $25M Worth of Seized Bitcoin at Auction…
The US Marshals Service has announced that it will be auctioning off approximately 2,170 Bitcoins seized in the course of various federal criminal, civil, and administrative cases, a press release stated March 5. The auction will take place on March 19, 2018 from 8 a.m. to 2 p.m. EDT. Bidders who wish to participate must […]
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The Myth of Global Markets Explains Why the DC UniParty View POTUS Trump As a Risk to Their World Order…
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 […]
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Peter Navarro Pushes Back Against False Narrative from GOPe and Wall Street Financial Class – America First Economic Policy…
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 […]
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6 Reasons Why the Stock Market Will Likely Retest Its February Lows…
The early February stock market correction wiped $6 trillion off the global market capitalization before equities reclaimed a chunk of lost ground. But there are at least six reasons why markets may test those recent lows, according to analysts at Bank of America Merrill Lynch. A $6 trillion drop in global market cap would imply […]
Prepare – MAGAnomics Is the Battle – The Restoration of a Balanced Economy is the Goal…
For those who follow closely the strongest argument against the U.S. trade and economic policies of the past 30 years has been the outcome. We don’t need to guess what the pro’s and con’s of the U.S. Chamber of Commerce position is, we are living them. We don’t need to guess what the Wall Street […]
Dow Drops 420 Points after Trump Announces Steel Tariffs…
Stocks plunged Thursday after President Trump announced plans to slap tariffs on steel and aluminum imports. The Dow closed more than 420 points down after the announcement. Trump said the tariffs will level the playing field for American companies and help them expand after plant closings in recent years. Trump made the dramatic announcement after […]
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After Being Told He’s ‘Full of Sh*t’ at School Event, Mnuchin Demands UCLA Suppress Video…
Trump Treasury Secretary and former Goldman Sachs banker Steve Mnuchin isn’t accustomed to facing direct challenges to his wild economic claims or protests over the GOP tax plan he helped craft, and after experiencing both during an event at UCLA’s Burkle Center on Monday, Mnuchin demanded that video of his appearance be suppressed. According to […]
Rothschild Scion Takes Banking Dynasty Crown…
David de Rothschild, the 75-year-old head of the legendary banking empire, will step down and hand over the reins to his son, Alexandre, 37, as early as this summer, reports FT. Alexandre de Rothschild will become the seventh generation of the dynasty to take charge of the Franco-British investment bank, which was founded in 1838. […]
Stockman: $1.8 Trillion in New Treasury Debt Will Hit Bond Pits “Like a Tornado”…
Investors have been whiplashed so far this week and it’s only Wednesday morning. On Monday, the Dow rocketed ahead by 399 points. On Tuesday, it plunged by 299 points. What changed investor sentiment so dramatically in 24 hours? David Stockman, the former Director of the Office of Management and Budget under President Ronald Reagan who […]
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