EXPERT: TRUMP POISED TO TAKE CONTROL OF THE FEDERAL RESERVE

CNBC
July 22, 2018

The Fed doesn’t stabilize markets and money — it does the opposite

President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve.

He will do so both because he can and because his broader policies argue that he should do so. The president is anti-overregulating American industry.

The Fed is a leader in pushing stringent regulation on the nation. By raising interest rates and stopping the growth in the money supply it stands in the way of further growth in the American economy.

First, He Can

The Board of Governors of the Federal Reserve is required to have seven members. It has three. Two of the current governors were put into their position by President Trump. Two more have been nominated by the president and are awaiting confirmation by the Senate.

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Gallup Shows How Much Americans Really Care About The “Situation With Russia”

Zero Hedge
July 22, 2018

While ever-hope-filled expectations among the left are for a ‘blue wave’ in the Mid-term elections, we suspect things may not turn out quite as planned given the last week’s “crisis”.

Even before President Trump had set foot in Helsinki, the left and the media were banging the drums of war against “the thug” Putin and how he would trump Trump, and once the press conference furore was over, all hell broke loose as the left-leaning world attempted to out-signal one another’s virtue as to the “treasonous”, “surrender” that had occurred.

So much so – in fact – that the internet became ‘full’ of “Trump” and “Treason” chatter – more so even than when he joked in July 2016 about Russia having Hillary’s missing 30,000 emails.

Once again – the “Russia, Russia, Russia” cries drowned out any sane discussion of the end of cold war 2.0.

There’s just one problem with the Democrats’ unending focus on Russia and the media’s constant collusion chatter: few Americans care, because – drumroll – they have real lives in the real economy to worry about.

As the latest survey from Gallup shows: when asked what the most important problem facing the nation is, Russia did not even warrant a 1% – and worse still, it is declining in importance from there.

Source: Gallup

As David Sirota noted, “Gallup recently did a poll of what Americans say is the most important problem facing the country. One finding: the percentage of Americans saying “Situation with Russia” is the most important problem is literally too small to represent with a number. “

So with all that energy expended on pinning the Russia collusion tail on Trump’s campaign donkey, let alone former FBI Director Comey’s insistence that ‘anyone voting Republican is anti-American’, we are reminded of the blinkered view of the world so many suffer from and what Steve Bannon said yesterday at CNBC’s “Delivering Alpha” conference: The Democrats abandoned the American worker.

The meddling was on the margin, and the Democrats need to accept this. The collusion – they haven’t found one shred of evidence.

The Democrats have yet to embrace why they lost…[they] have wanted a do-over since 2:30 am on Nov. 9 – and they’ve lied and they’ve bitched and in November they’ll get their do-over…but on November 6, the deplorables will be plenty jacked up.

But in November, voters will render their decision, and whatever they decide it’ll be on Trump’s platform of economic nationalism, which has boosted economic growth and created jobs.

“It’s an up or down vote, the economy, the tax cuts the whole package. I think the Fed’s going to say in the second quarter it’s at 4%…because of economic nationalism.”

So, will The Left find policies to run on that are not “socialism”? and are not “not Trump”?

In private, Trump vents his frustration over lack of progress on North Korea

Chicago Tribune
July 22, 2018

When he emerged from his summit with Kim Jong Un last month, President Donald Trump triumphantly declared that North Korea no longer posed a nuclear threat and that one of the world's most intractable geopolitical crises had been "largely solved."

But in the days and weeks since then, U.S. negotiators have faced stiff resistance from a North Korean team practiced in the art of delay and obfuscation.

Diplomats say the North Koreans have canceled follow-up meetings, demanded more money and failed to maintain basic communications, even as the once-isolated regime's engagements with China and South Korea flourish.

Meanwhile, a missile-engine testing facility that Trump said would be destroyed remains intact, and U.S. intelligence officials say Pyongyang is working to conceal key aspects of its nuclear program.

The lack of immediate progress, though predicted by many analysts, has frustrated the president, who has fumed at his aides in private even as he publicly hails the success of the negotiations.

"Discussions are ongoing and they're going very well," Trump told reporters Tuesday.

The accounts of internal administration dynamics come from conversations with a half-dozen White House aides, State Department officials and diplomats, who spoke on the condition of anonymity to discuss the sensitive negotiations.

Officials say Trump has been captivated by the nuclear talks, asking staffers for daily updates on the status of the negotiations. His frustration with the lack of progress has been coupled with irritation about the media coverage of the joint statement he signed on June 12 in Singapore, a document that contains no timeline or specifics on denuclearization but has reduced tensions between the two countries.

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