Much misplaced anger is visible. President Trump wants the southern border wall; he is being opposed by every interest who doesn’t want it. The people in DC who are opposed to border security, are the people who write the laws. I’m not talking about congress; I’m talking about the real people who actually write the laws, the lobbyists
Right now Majority Leader Mitch McConnell and Minority Leader Chuck Schumer are writing a short-term continuing resolution to fund government and avoid a shutdown.
They know President Trump is quite comfy with a shutdown.
Why would republican Mitch McConnell take such an action that puts the republican President in a position of opposition and compromise?
Because he wants to, that’s why.
President Trump said he wouldn’t sign another CR that didn’t fund the border wall. Right now Mitch and Chuck are writing a CR that doesn’t fully fund the border wall. Why would Mitch McConnell do that? Because he want’s to that’s why. UniParty !
Mitch McConnell, Chuck Schumer, Nancy Pelosi and Paul Ryan are working to put a take it or leave it bill in front of the President and force him to accept it. Republicans currently control the House and Senate. Why would McConnell and Ryan put President Trump into that position? Because they want to, that’s why.
That’s who you should be mad at, not President Trump.
You see, it’s not President Trump who is the issue here; it’s the people who oppose him. Anger toward President Trump is misplaced; but directing all fire against their enemy is what these Machiavellian sorts are professionals at doing. That’s exactly what this plan is designed to do. This is politics.
Who opposes Trump? The people who write the laws. Mitch, Paul, Nancy and Chuck are the professional political team who do the bidding of the lobbyists and special interests. It’s a big club, and we, along with President Trump, ain’t in it. Getting you mad at President Trump is in the DC interests. The UniParty knows how to play you.
President Trump represents a second party in Washington DC. The people who write the laws (lobbyists), and the people who sell the laws (politicians), cannot allow that. They need to get back to UniParty political business. They need to get rid of Trump.
Think about it as you direct your fire.
Your enemy is not President Trump.
Simultaneously President Trump is deconstructing decades of economic manipulation and control over our lives by multinational banks and multinational corporations (same lobbyists). There are trillions at stake. That is an even bigger and more consequential fight. –SEE HERE
In essence Wall Street (multinationals and DC) is fighting Main Street (Trump). This is a battle of extreme consequence:
Full Spectrum: “The Main Street-Wall Street demarcation has been fortuitously blurred, all to Wall Street’s benefit. Recall the mass migration over the last few decades from defined pension plans to self-directed IRAs and 401ks. This was Wall Street impregnating Main Street with Wall Street’s sweatless ethics. Main Street is very much ‘in the market’. Trumponomics desperately needs a tutorial to the American people explaining the rockiness of the transition and all that’s at stake.”…
The Federal Reserve will make an interest rate hike decision today.
President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence
Reuters had an article last week
highlighting inflationary data as released by the Bureau of Labor Statistics (BLS) [DATA HERE
]. The overall summary is the Consumer Price Index is stable or flat reflecting low inflation on all measured goods; however, that’s not the part that bears emphasis. Instead I would direct attention to this
The Fed’s preferred inflation measure, the core PCE price index excluding food and energy, increased 1.8 percent year-on-year in October, the smallest gain since February, after rising 1.9 percent the prior month. It hit the U.S. central bank’s 2 percent target in March for the first time since April 2012.
At the heart of the controlled monetary system; at the epicenter of the multinational global control mechanisms; inside the offices of the global economic elites; there is a system of financial manipulation with tentacles that reach into your pocket. This system seems hard to understand, but it is critical to do so… so we need to try and understand it.
Background: If you go back to when CTH first began discussing Trump’s MAGAnomic outlook and actual plans for policy, you might remember our discussion about the New Dimension inside our American economy [SEE HERE
]. Specifically, one of the key indicators in the disconnect of Main Street and Wall Street is “inflation
Inflation has been used by the Federal Reserve as the primary trigger for their monetary control policy; but it is important to understand this is by specific design.
If “monetary policy
“, specifically interest rates
, are primarily driven by inflationary measures
; and if global financial elites need to use U.S. monetary policy to finance their endeavors (they do); then those same officials need to control what goes into the measures for inflation. This is a critical aspect to economic control.
Wall Street, writ large, supports corporate global expansion without appropriate regard to the downstream consequences to U.S. workers and Americans. Low interest rates are a critical component of global financial expansion undertaken by these massive multinational corporations. In essence, globalists need cheap money to spend on creating controlled markets for cheap durable goods.
Higher interest rates means savers benefit and borrowers do not. Low interest rates means borrowers benefit and savers do not. This is a simple truism. However, there’s another dynamic.
Higher interest rates means less capacity for multinational corporations to utilize cheap money to expand their global enterprises. Low interest rates means more easily attainable money; and that finances larger corporate expansion.
Wall Street thrives on low interest rates. The global economic system, which included the International Monetary Fund (IMF) and World Bank, is a benefactor of Wall Street. As a consequence, the global economic system is also dependent on low interest rates.
Remember, there had to be a point where the influence of Wall Street exceeded the influence of Main Street. The U.S. federal reserve could not justify lower interest rates (punishing savers) if inflation and U.S. economic growth was stable. If price inflation is low, the Fed could not justify raising interest rates. So the measures of inflation were adjusted to remove the highly consumable sector (food, fuel, energy).
As an intended consequence food, fuel and energy prices could skyrocket and the inflation index would *appear* artificially low because those sectors were no longer part of the equation. This false inflation index permits low interest rates that benefit Wall Street.
With the lower interest rates (Wall Street supported), the multinationals could then begin the process of using cheap-to-borrow money, investing overseas in the process of cheap durable goods. This became a self-fulfilling prophecy.
Outsourcing American jobs meant cheaper goods; those cheaper durable goods were quantified in the feds measure of inflation; the prices of those goods were deflationary (getting cheaper); the U.S. economy was shrinking but the justification for lower interest rates (cheap money that benefited the global expansion) remained.
Conversely those same Wall Street multinationals expanded their control market influence into highly consumable goods (U.S. food) and began merging. No longer only influenced by domestic supply and demand, the prices of U.S. food, along with fuel and energy, skyrocketed…. but remember, the fed no longer used those prices in their monetary policy decision-making.
This was how the system was rigged.
Inside this rigged system we all lived through the results: U.S. workers were being screwed; manufacturing of durable goods was shipped off-shore; jobs were lost; wages were held down by low job growth; and to make matters worse – the prices for food, fuel, and energy were skyrocketing.
The U.S. middle class was essentially squeezed by the cheap money policy that was benefiting the multinationals. Can you see what was happening? This was all by design. It wasn’t necessarily purposefully intended to hurt you, me, us, per se; we are the proles. The goal was to gain money and power… we, you, me, us, were just collateral damage.
Now, here comes Trump.
Trump walks in with a plan to reverse that process through MAGAnomic policy. Wall Street is no longer driving the political policy of the President; Main Street is.
But here’s where the rigged system is stealthy and sneaky.
After a year of Trump putting pressure on the multinational control mechanisms through U.S. regulatory, economic and trade policy, ie. his leverage; the prices for highly consumable goods begins falling. Domestic supply and demand becomes a bigger influence; food, fuel and energy prices start slowly dropping; but remember, those sectors are not being quantified for inflation measures as used by the Fed via monetary policy. This is by design.
Conversely, and absolutely intentionally, there is slight upward price pressure on durable goods because Trump is confronting the controlled global system of cheap-good manufacturing.
As we navigate in the space between a de-emphasized Wall Street economy and a re-emphasized -and more balanced- Main Street economy, the prices on durable manufactured goods will slowly begin to rise; and over-time the domestic production of those goods will return as the total cost of production (including shipping costs) are re-estimated and equalized.
The sneaky Fed, those financial agents who set up the rigged system, are no longer measuring the prices of stuff going down; they are only measuring the prices of the stuff that will naturally go up. Durable goods prices rise, the fed quantifies increased inflation, and the Fed raises interest rates – this can stall domestic growth.
The rigging is designed that way.
This is what’s happening now.
Now you might say that Wall Street doesn’t like that…. and in part you are correct… check the markets… however, there’s a bigger aspect that Wall Street dislikes more… the elimination of their rigged global system
is a bigger threat. So in the long-term Wall Street is betting against the U.S. Main Street economy in an effort to go back to their preferred multinational system. [ie. cheap money, cheap goods, U.S. service-driven economy]
The system is currently rigged with a favorable lean toward the multinationals.
This is structurally Wall Street -vs- Main Street and President Trump constantly telling the Fed to stop messing with the economy. MAGAnomics is the reestablishment of an economic system that naturally balances itself over time; it does not need intervention.
The Hedge-fund market, the investment market, is losing ground because it is not based on actual performance. The multinational corps are being broken up by new trade agreements that allow local industry to compete on its own.
Under the Trump economy an apple grower in Washington state can sell his apples to the highest bidder. Under the multinational system he is required to sell to a single buyer who sets the price for his apples in each market.
The Multinationals control whole industries globally. His apples may sell for $1 in the US market and only $.10 in an African market. The farmer is getting $.05 for his apples because he has no other market to sell to. He is obligated to sell to the single buyer because there is no other market open to him.
The multinationals have a vertical monopoly on apples from the grower to the broker to the wholesaler to the retailer. They have been working on the final step, the consumer. Under cover of law the multinationals control legislation in each country that determines what the consumer can buy. ~Louis Foxwell
This ‘controlled market’ is what President Trump is deconstructing.