Liberal media biases ignoring Trump wins at their own peril

Many of the latest drops that came Sunday point to a media bias facing the Trump administration from general journalistic coverage to a specific reporter at the New York Times.

In the general sense the posts point out that the President cannot get coverage of his many successes such as: Demilitarizing North Korea, the economic agenda, which had stock market at all-time highs and lowest unemployment levels in more than 30 years and Trump’s ability to grow an economy that was languishing for eight years by in some quarters doubling output of “The New Normal” of 2% Gross Domestic Product.

On the specific side, the Sunday drops point to a reporter named Maggie Haberman.

Their father, Clyde Haberman, worked at The Post and then was a long-time columnist for the NY Times picking up a Pulitzer Prize for Breaking News with a team investigating then-NY Governor Elliot Spitzer’s prostitution scandal, which led to his resignation.

The drop brings up Maggie’s infamous mention in the Hillary Clinton’s 2016 Campaign Director John Podesta email that was published by Wikileaks. These drops come after ex-Editor of the NY Times Jill Abramson last week cited Maggie’s reporting as being biased against the Trump White House in her new book.

This from Podesta to top campaign staff and Hillary, and was prior to Maggie joining the Times:

“We have has a very good relationship with Maggie Haberman of Politico over the last year. We have had her tee up stories for us before and have never been disappointed. While we should have a larger conversation in the near future about a broader strategy for reengaging the beat press that covers HRC, for this we think we can achieve our objective and do the most shaping by going to Maggie.”

Sunday’s drop infers that Maggie has had plenty of recent Tweets citing trains and that she may be dropping coded messages for the liberal Democrats since the language is sometimes odd.

Let’s just say none of these revelations surprise me in the least, since Maggie’s liberal leanings have been well-known for years. My hope is that she is not in over her head as the drops suggest and that there is time for her to get out of any trouble she may be in.

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Jobs number shows America First trumps China tariff fears

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The 312,000 new jobs reported for December is a huge green flag for the Trump administration.

To reach that level — almost double the Wall Street estimates — this late in the economic cycle is off the charts. Firms added 2.64 million employees in 2018 with wages climbing 3.2% for the year.

Fed chair Jay Powell blinked yesterday in a speech in Atlanta by making a more dovish statement on 2019 rate rise. As well he should. Powell should take a look at the carnage his December rate rise caused in the stock market.

His talking about the hike in the fall and his press conference comments after the rise took markets took the Dow Jones index the woodshed during the last quarter of 2018.

I have often said that Powell is tilting to windmills searching for inflation in this economy, which at 1.8% is below the Fed’s 2% target. He has pricked the asset bubble of stocks to take away the middle class wealth effect and also hurt them with cheapening home values as mortgage rates rise.

The Fed needs to understand that most of the wage increases in 2018 — while healthy — are more a mechanism of raising minimum wage in many states than overall salary increases for the US workers.

So the inflationary value of the 3.2% is muted at best due to the expendable income these households have.

While the naysayers on Wall Street are still predicting an economic slowdown here in 2019 due to tariff tiffs, Trump’s nationalistic agenda of bringing jobs back to the US is resonating with US companies.

Certainly the employment gains are testament that US companies don’t see China and a trade war as a detriment, in fact it may be creating a boost as more manufacturing jobs are being created here.

I’m sure Powell took notice of the stock market’s explosion higher on his more dovish stance. The 747-point rise erased all of the bad Apple news on Thursday and perhaps set up a new takeoff for shares to soar.

Listen we need to go back to the days when three percent of the US population knew who the Fed chairman was and take ego and hubris out of the monetary equation.

Lt. Gen. Flynn is the ‘keystone’ to FISA and Russian collusion plan

Lt. General Michael Flynn was the driving force behind the Russian collusion plan to undermine the Trump administration from the beginning.

Flynn was the Director of the Defense Intelligence Agency in the Obama administration from 2012-2014. He was a critic of the administration’s dealings with┬áradical Islamists. Flynn lost a battle to CIA Director John Brennan — a Muslim by faith — and the White House of his assessment of the US involvement in Syria.

Flynn was feared and despised by the Obama White House for his views on radical Islamist and his deep knowledge of State Department and CIA involvement with Islamist extremists in Iran and Syria.

After leaving the Obama White House, Flynn traveled to Russia and meets with Russia government officials as a civilian. He is attends a dinner with Russian leader Vladimir Putin.

While Flynn did all the appropriate actions for the Russian trip — he met with DIA staff before leaving to let them know of the trip, he was briefed before on how to deal with the Russian questions and he was debriefed on what he discovered afterward. All above-board and reportedly helpful to the intelligence community.

So in 2015 Flynn begins speaking with the Trump campaign. Obama’s staff is furious and knows it needs to silence Flynn because he knows too much.

In late 2015 enter Stefan Halper, a career CIA asset working then as a Senior Fellow at Cambridge University. I believe Halper was brought in by Brennan to set up Flynn as colluding with the Russians. That’s where the whole Russian plan was hatched.

Halper was key to bringing in Fusion/GPS and Christopher Steele to produce the dossier with its first target being Flynn.

Flynn was most likely the subject of the first FISA application in the late spring of 2016 for his trip to Russia. However, the FISA court turned down the application because it did not show Flynn broke any laws.

In order to get the FISA court to approve spying on American citizens you need to show: a) The citizen was working with a foreign government, which in and of itself is not unlawful and b) broke the law like fraud or providing classified information.

The original application had no law broken, so it was denied. The Halper and Co. then went after Carter Page in the FISA court later in 2016 to spy on the Trump administration.

This is why Flynn remains free even after admitting guilt to minor charges brought by the DOJ/FBI for speaking with Russians after Trump’s election, but before he took office. Ironically FBI’s Peter Strzok was the agent that interviewed Flynn at the White House without a lawyer and brought these charges.

Obama administration still needed to silence Flynn from joining the Trump team as the National Security Advisor since he knew where all the Obama bodies are buried.

One last “indictment” on Flynn. When Trump meets with Obama after the election the only name brought up by Obama is Flynn telling Trump not to trust him.

This is why I say Lt. General Michael Flynn is the keystone to the whole Russian dossier.

Chinese Apple news is hard to digest

So as I wrote yesterday about the Trump Administration’s hard-line on tariffs with China and its muted effect on US firms.

Well Apple CEO Tim Cook gave the company’s first earnings warnings for the this quarter. Cook cited the slowing Chinese economy, the strong dollar and other economic headwinds. Cook neglected to mention directly that the company is having big troubles trying to sell iPhone models retailing for more than $1,400.

Apple makes good products, but the product line is limited. If you keep bolting new gear onto an older product and jacking up the price, then you will see consumers uninterested in these upgrades.

As my son — soon to be a finance graduate — cited Wednesday night when we were discussing this said: “Apple walks the fine line between utility and luxury,

Well clearly the luxury aspect is suffering since the high-end models are not selling and consumers are keeping their older phones much longer — cracked screens or not.

As the Chinese economy repositions itself an equal trading partner without all the beneficial pricing power it enjoyed from lopsided trade agreements over the last 30 years there will be some pain. But that certainly is better — in the long run — than continuing the status quo.

Maybe the Chinese economy has taken a step back in its progress and many can’t afford $1,400 iPhones or even a $1,000 model. That’s on Apple to come up with a different plan or product for the market.

While I see this as an Apple problem, the stock market will sell off roughly 300 Dow points again on the open Thursday morning on the earnings warning.

I recall something about a butterfly flapping its wings over the Yangtze River and Wall Street feels the storm. It should be short-lived however.

US market’s Chinese take out fueled by globalists

US stock futures are suffering a continuing hangover after Monday’s 265 Dow point rise. Dow futures are looking at a 300-point decline at the open.

Pundits cite China’s slowing economy. How can these analysts not understand that China’s economy is slowing because of the Trump’s Administration’s tough stance on trade.

The Chinese have for decades relied on such favorable pricing on goods sold in the US there was never a reason to employ proper business processes. Merely loading a ship with iPhones or steel guaranteed big profits. This is the new normal when it comes to Chinese economic growth.

So the tariff crackdown to level the trade playing field will have to run through a few quarters to get year-over-year numbers showing slowing growth to get Wall Street’s attention. The Street is not looking at US firms, which are benefiting from the more balanced trade situation.

The globalists are also playing up a slowing China as being catastrophic for the US economy to get Trump to back off from punishing their investments in Chinese firms.

Playing hardball with China on trade, on stealing technology, on Taiwan are all good tactics to benefit US firms and Americans in general. Don’t tell me China’s economy is more important than the US for world economic growth.

The US drives the world economy and the sooner Wall Street eschews the globalist’s sky is falling narrative, the better for all Americans and US stocks.