theconservativetreehouse--2020-03-17--President Trump Conference Call – Restaurant Executives…

Earlier today President Trump held a conference call with a who ’ s-who of executives in the restaurant industry .
One of the key aspects to the call was President Trump asking the CEO ’ s to continue food service operations despite the dine-in closures .
The reason is simple : the alternative , the retail supermarket industry nationwide , can not compensate for the closure of restaurants in the total food production supply chain .
[ Ground Reports ] ( WHITE HOUSE ) – Today , President Donald J. Trump spoke by telephone with restaurant executives representing hundreds of @ @ @ @ @ @ @ to COVID-19 .
The executives thanked President Trump and his Administration for the whole-of-government response and for his efforts to ensure the public has the most accurate and up-to-date information .
The President reminded the restaurants that they can help flatten the curve and slow the spread of this virus in communities across the country by encouraging their customers to use drive-thru , pickup , or delivery options .
All of the executives committed their restaurants to this critical guideline and assured the President they fully intend to continue feeding their communities through @ @ @ @ @ @ @ thanked the participants for moving quickly to implement this change and agreed to stay in close communication on this public-private partnership to protect our businesses and the public .

Earlier today President Trump held a conference call with a who’s-who of executives in the restaurant industry. One of the key aspects to the call was President Trump asking the CEO’s to continue food service operations despite the dine-in closures. The reason is simple: the alternative, the retail supermarket industry nationwide, cannot compensate for the closure of restaurants in the total food production supply chain. [Ground Reports]
(WHITE HOUSE) – Today, President Donald J. Trump spoke by telephone with restaurant executives representing hundreds of thousands of hardworking Americans about the response to COVID-19. The executives thanked President Trump and his Administration for the whole-of-government response and for his efforts to ensure the public has the most accurate and up-to-date information.
The President reminded the restaurants that they can help flatten the curve and slow the spread of this virus in communities across the country by encouraging their customers to use drive-thru, pickup, or delivery options.
All of the executives committed their restaurants to this critical guideline and assured the President they fully intend to continue feeding their communities through these other innovative avenues. President Trump thanked the participants for moving quickly to implement this change and agreed to stay in close communication on this public-private partnership to protect our businesses and the public.
Executive Participants:


theconservativetreehouse--2020-03-18--March 18th – 2020 Presidential Politics – Trump Administration Day #1154

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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
Stephanie Grisham Twitter @StephGrisham45


theconservativetreehouse--2020-03-18--Wednesday March 18th – Open Thread

Wednesday March 18th – Open Thread

Our Father , who art in heaven , hallowed be thy Name .
Thy kingdom come .
THY WILL BE @ @ @ @ @ it is in heaven .
Give us this day our daily bread .
And forgive @ @ @ @ @ we forgive those who trespass against us .
And lead us not into temptation , @ @ @ @ @ .
For Thine is the kingdom and the power and the glory , forever and @ @ @ @

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 †


theconservativetreehouse--2020-03-18--White House Trade/Manufacturing Adviser Peter Navarro Discusses COVID-19 Supply Chain Initiatives….

White House trade adviser Peter Navarro outlines some of the ongoing supply chain initiatives to meet ongoing demands of the corovirus effort. Navarro highlights the cooperation between US government and private enterprise. WATCH:


theconservativetreehouse--2020-03-18--Thunderdome 2020 Begins – Philadelphia Police Will Not Arrest for Burglary or Theft Due to Coronavir

Thunderdome 2020 Begins – Philadelphia Police Will Not Arrest for Burglary or Theft Due to Coronavirus…

As an outcome of short-sighted coronavirus issues , the Philadelphia police department has announced they will no longer be arresting suspects for retail theft , auto theft , burglary , narcotics or other “ non violent ” offenses .
Instead they will write tickets , release the suspects and address the criminality later on .
Now watch what happens .
CTH saw the instructions earlier today ( see below ) but we did not want to immediately distribute the information .
It should be remembered the current Philadelphia police commissioner , Danielle Outlaw ( pictured left ) , is a @ @ @ @ @ @ @ .
Unfortunately , there is a predictive element to this .
Perhaps some are familiar with the post Hurricane Andrew experience in Homestead and Miami-Dade .
The only thing standing between law-abiding citizens and those who would take their possessions is an ability to defend your own property .
This is now the Philadelphia reality .
In response to the COVID-19 outbreak , Philadelphia police officers have been instructed to stop making arrests for certain non-violent crimes .
The department said individuals who would normally be arrested and processed at a detective division @ @ @ @ @ @ @ identification and complete necessary paperwork .
The individual will then be a arrested at a later date on an arrest warrant .
( read more ) Here ’ s the leaked guidance .
You can easily predict the problem with this policy : From the instructions above… .
Non-violent offenses include : All narcotics offenses .
Theft from persons .
Retail theft .
Theft from auto .
Burglary .
Vandalism .
All bench warrants .
Stolen auto .
“ Economic crimes ” ( ie .
looting , bad checks , fraud ) and @ @ @ @ @ @ @ immediately released after documentation .
This is the exact issue that drives the need for law-abiding citizens to the second amendment for protection when the police openly admit they will not protect people or property .

As an outcome of short-sighted coronavirus issues, the Philadelphia police department has announced they will no longer be arresting suspects for retail theft, auto theft, burglary, narcotics or other “non violent” offenses. Instead they will write tickets, release the suspects and address the criminality later on. Now watch what happens.
CTH saw the instructions earlier today (see below) but we did not want to immediately distribute the information. It should be remembered the current Philadelphia police commissioner, Danielle Outlaw (pictured left), is a social justice activist from Portland, Oregon.
Unfortunately, there is a predictive element to this. Perhaps some are familiar with the post Hurricane Andrew experience in Homestead and Miami-Dade.
The only thing standing between law-abiding citizens and those who would take their possessions is an ability to defend your own property. This is now the Philadelphia reality.
In response to the COVID-19 outbreak, Philadelphia police officers have been instructed to stop making arrests for certain non-violent crimes. The department said individuals who would normally be arrested and processed at a detective division, will be temporarily detained to confirm identification and complete necessary paperwork. The individual will then be a arrested at a later date on an arrest warrant. (read more)
Beware, the law of unintended consequences.
Here’s the leaked guidance. You can easily predict the problem with this policy:
From the instructions above…. Non-violent offenses include: All narcotics offenses. Theft from persons. Retail theft. Theft from auto. Burglary. Vandalism. All bench warrants. Stolen auto. “Economic crimes” (ie. looting, bad checks, fraud) and finally Prostitution.
Those offenders will be immediately released after documentation.
This is the exact issue that drives the need for law-abiding citizens to the second amendment for protection when the police openly admit they will not protect people or property.


theconservativetreehouse--2020-03-17--Tuesday Night Election Results – Florida, Illinois, Arizona (Ohio Cancelled) – Open Discussion…

Tonight Florida , Illinois and Arizona are holding their 2020 democrat presidential primary .
Ohio Governor Mike DeWine cancelled/postponed the @ @ @ @ @ virus fears .
The polls began to close in Florida at 7pm ET/ panhandle polls @ @ @ @ @ at 8pm ET .
Polls also close in in Illinois at 8pm ET , and @ @ @ @ @ .
Bernie Sanders is expected to get crushed in Florida as a result of his @ @ @ @ @ and Cuba , the only question will be the size of the Biden win .
@ @ @ @ @ might fare better for Bernie depending on turnout .

Tonight Florida, Illinois and Arizona are holding their 2020 democrat presidential primary. Ohio Governor Mike DeWine cancelled/postponed the Ohio primary due to Wuhan virus fears.
The polls began to close in Florida at 7pm ET/ panhandle polls will be closed in FL at 8pm ET.
Polls also close in in Illinois at 8pm ET, and in Arizona at 10pm ET.
Bernie Sanders is expected to get crushed in Florida as a result of his supportive politics toward Fidel Castro and Cuba, the only question will be the size of the Biden win. However, Illinois and Arizona might fare better for Bernie depending on turnout.
New York Times Election Results Here
CNN Election Results Here
Politico Election Results Here


theconservativetreehouse--2020-03-18--(Part I) – Coronavirus as a Global Economic Reset…

The stock market is not the U.S. economy ; the stock market is an investment instrument that determines valuations of economic activity company by company .
The valuation is considerably arbitrary , based on the determinations of the arbiters ( investors ) .
This is empirically true .
However , that said , how would the multinational underwriters , the multinational financial systems , reset all transactional tables ( the bookkeeping systems underneath the valuation ) …if the U.S. stock market was every forced to re-value economic nationalism over multinational globalism ?
Enter “ Coronavirus ” .
Four years ago @ @ @ @ @ @ @ look at the U.S. economic system and how Main Street was/is disconnected from Wall Street .
We presented a metaphor to explain .
Before going deeper into the discussion of tomorrow ; and at the request of several people who now accept the era of “ deglobalization ” is upon us , I first present that prior reference & then will use this as the baseline to describe what could come next .
There is a key phrase at the fulcrum of everything past : What we are going to outline in part @ @ @ @ @ @ @ this natural truism is reversed .
The objective is to answer : How , specifically would Wall Street reset it ’ s evaluatory systems if Main Street once again emerged as the priority ?
But first , a baseline revisit is needed .
2015/2016 – Traditional economic principles have revolved around the Macro and Micro with interventionist influences driven by GDP ( Gross Domestic Product , or total economic output ) , interest rates , inflation rates and federally controlled monetary policy designed to steer the broad economic outcomes .
Additionally , in @ @ @ @ @ @ @ which underline Macro principles are two dimensional .
As the X-Axis goes thus , the Y-Axis responds accordingly… and so it goes… .
and so it has historically gone .
Traditional monetary policy has centered upon a belief of cause and effect : ( ex.1 ) If inflation grows , it can be reduced by rising interest rates .
Or , ( ex.2 ) as GDP shrinks , it too can be affected by decreases in interest rates to stimulate investment/production etc .
However , against the backdrop of economic Globalism -vs- economic @ @ @ @ @ @ @ dimensional economic approach is no longer a relevant model .
There is another economic dimension , a third dimension .
An undiscovered depth or distance between the “ X ” and the “ Y ” .
I believe it is critical to understand this new dimension in order to understand Trump economic principles , and the subsequent “ America-First ” economy he ’ s building .
As the distance between the X and Y increases over time , the affect detaches – slowly and almost invisibly .
I believe understanding this hidden distance @ @ @ @ @ @ @ economic contractions .
I also predict this third dimension will soon be discovered and will be extremely consequential in the coming decade .
To understand the basic theory , allow me to introduce a visual image to assist comprehension .
Think about the two economies , Wall Street ( paper or false economy ) and Main Street ( real or traditional economy ) as two parallel roads or tracks .
Think of Wall Street as one train engine and Main Street as another .
The Metaphor – Several decades ago , 1980-ish , @ @ @ @ @ @ @ South Florida with the Wall Street economy on I-95 the East Coast , and the Main Street economy on I-75 the West Coast .
The distance between them less than 100 miles .
As each economy heads North , over time the distance between them grows .
As they cross the Florida State line Wall Street ’ s engine ( I-95 ) is now 200 miles from Main Street ’ s engine ( traveling I-75 ) .
As we have discussed – the legislative outcomes , along with the monetary policy therein , @ @ @ @ @ @ @ political influence .
Our historic result is monetary policy followed the Wall Street engine .
[ … ] there had to be a point where the value of the second economy ( Wall Street ) surpassed the value of the first economy ( Main Street ) .
Investments , and the bets therein , needed to expand outside of the USA .
hence , global ( ist ) investing .
However , a second more consequential aspect happened simultaneously .
The politicians became more valuable to the Wall Street team than the Main @ @ @ @ @ @ @ deeper pockets because their economy was now larger .
As a consequence Wall Street started funding political candidates and asking for legislation that benefited their interests .
When Main Street was purchasing the legislative influence the outcomes were beneficial to Main Street , and by direct attachment those outcomes also benefited the average American inside the real economy .
When Wall Street began purchasing the legislative influence , the outcomes therein became beneficial to Wall Street .
Those benefits are detached from improving the livelihoods of main street Americans because the benefits are @ @ @ @ @ @ @ interests , investment interests , are now the primary filter through which the DC legislative outcomes are considered .
Here is an example of the resulting impact as felt by consumers : ♦ TWO ECONOMIES – Time continues to pass as each economic engine heads North .
Economic Globalism expands .
Wall Street ’ s false ( paper ) economy becomes the far greater economy .
Federal monetary policy follows and fuels the larger economy .
( Note : size is determined by value , not by production . )
In exchange for @ @ @ @ @ @ @ the politicians .
Economic Nationalism shrinks .
Main Street ’ s real ( traditional ) economy shrinks .
Domestic manufacturing drops .
Jobs are off-shored .
Main Street companies try to offset the shrinking economy with increased productivity ( their limited fuel ) .
Wages stagnate .
Now it ’ s 1990 – The Wall Street economic engine ( traveling I-95 ) reaches Northern North Carolina .
However , it ’ s now 500 miles away from Main Street ’ s engine ( traveling I-75 ) .
The Appalachian range is the geographic @ @ @ @ @ @ @ metaphor for ‘ trickle down ’ ) .
By the time the decade of 2000 arrives – Wall Street ’ s well fueled engine , and the accompanying DC legislative attention , influence and monetary policy , has reached Philadelphia .
However , Main Street ’ s engine is in Ohio ( they ’ re now 700 miles apart ) and almost out of fuel ; there simply is no more productivity to squeeze .
Technological gains , used as fuel for productivity , start to level-off .
The engine starts to slow @ @ @ @ @ @ @ and from that geographic location , all forward travel is now only going to push the two economies further apart .
I-95 now heads North East , and I-75 heads due North through Michigan .
The distance between these engines is going to grow much more significantly now with each passing mile/month… .
However , and this is a key reference point , if you are judging their advancing progress from a globalist vessel ( filled with traditional academic economists ) in the mid-Atlantic , both economies ( both engines ) would seem @ @ @ @ @ @ @ based on their latitude .
From a two-dimensional linear perspective you can not tell the distance between them .
It is within this distance between the two economies , which grew over time , where a new economic dimension has been created and is not getting attention .
It is critical to understand the detachment .
Within this three dimensional detachment you understand why Near-Zero interest rates no longer drive an expansion of the GDP .
The Main Street economic engine is just too far away to gain any substantive benefit .
Despite @ @ @ @ @ @ @ fiscal policies ( over time ) have focused exclusively on the Wall Street , Globalist economy .
The Wall Street Economic engine was simply seen as the only economy that would survive .
The Main Street engine was viewed by DC , and those who assemble the legislative priorities therein , as a dying engine , lacking fuel , and destined to be service driven only… .
Within the new 3rd economic dimension , the distance between Wall Street and Main Street economic engines , you will find the data to reconcile years @ @ @ @ @ @ @ s where it gets really interesting .
Understanding the distance between the real Main Street economic engine and the false Wall Street economic engine will help all of us to understand the scope of an upcoming economic lag ; which , rather remarkably I would add , is a very interesting dynamic .
Think about these engines doing a turn about and beginning a rapid reverse .
GDP can , and in my opinion , will , expand quickly .
However , any interest rate hikes ( fiscal policy ) intended to cool @ @ @ @ @ @ @ take a long time to traverse the divide .
Additionally , inflation on durable goods will be insignificant – even as international trade agreements are renegotiated , and/or as tariffs are applied .
Why ?
Simply because the originating nations of those products are going to go through the same type of economic detachment described above .
Those global manufacturing economies will first respond to any increases in export costs ( tariffs etc . )
, by driving their own productivity higher as an initial offset , in the same manner American workers @ @ @ @ @ @ @ .
The manufacturing enterprise and the financial sector remain focused on the pricing because the consumer is the most important variable .
Ultimately prices are determined by wages .
♦ Inflation on imported durable goods sold in America , while necessary , will ultimately be minimal during this initial period ; and expand more significantly as time progresses and off-shored manufacturing finds less and less ways to be productive .
Over time , durable good prices will increase – but it will come much later .
♦ Inflation on domestic consumable goods ‘ @ @ @ @ @ @ @ pace .
However , it can be expected that U.S. wage rates will respond faster , naturally faster , than any fiscal policy because inflation on fast-turn consumable goods become re-coupled to the ability of wage rates to afford them .
The fiscal policy impact lag , caused by the distance between federal fiscal action and the domestic Main Street economy , will now work in our favor .
That is , in favor of the middle-class .
Within the aforementioned distance between “ X ” and “ Y ” , a result @ @ @ @ @ @ @ economic engines , is our new economic dimension… .
Notice how each of the most critical parts of that predictive outline from four years ago essentially became our reality as President Trump applied his ‘ America-First ’ agenda .
Now , here ’ s where it is going to get interesting again as we look forward another four years .
In part II we will answer : How , specifically would Wall Street reset it ’ s evaluatory systems if Main Street once again emerged as the priority ?
… and I will @ @ @ @ @ @ @ to resets that evaluation system .

A very big picture discussion requires a considerable baseline.
The stock market is not the U.S. economy; the stock market is an investment instrument that determines valuations of economic activity company by company. The valuation is considerably arbitrary, based on the determinations of the arbiters (investors). This is empirically true.
However, that said, how would the multinational underwriters, the multinational financial systems, reset all transactional tables (the bookkeeping systems underneath the valuation) …if the U.S. stock market was every forced to re-value economic nationalism over multinational globalism? Enter “Coronavirus”.
Four years ago CTH first explained a new way to look at the U.S. economic system and how Main Street was/is disconnected from Wall Street. We presented a metaphor to explain. Before going deeper into the discussion of tomorrow; and at the request of several people who now accept the era of “deglobalization” is upon us, I first present that prior reference & then will use this as the baseline to describe what could come next.
There is a key phrase at the fulcrum of everything past:
…there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street).
What we are going to outline in part II is the possibility what happens when this natural truism is reversed. The objective is to answer: How, specifically would Wall Street reset its evaluative systems if Main Street once again emerged as the priority?
But first, a baseline revisit is needed.
2015/2016 – Traditional economic principles have revolved around the Macro and Micro with interventionist influences driven by GDP (Gross Domestic Product, or total economic output), interest rates, inflation rates and federally controlled monetary policy designed to steer the broad economic outcomes.
Additionally, in large measure, the various data points which underline Macro principles are two dimensional. As the X-Axis goes thus, the Y-Axis responds accordingly… and so it goes…. and so it has historically gone.
Traditional monetary policy has centered upon a belief of cause and effect: (ex.1) If inflation grows, it can be reduced by rising interest rates. Or, (ex.2) as GDP shrinks, it too can be affected by decreases in interest rates to stimulate investment/production etc.
In short, FEDeral intervention.
However, against the backdrop of economic Globalism -vs- economic Americanism, CTH is noting the two dimensional economic approach is no longer a relevant model. There is another economic dimension, a third dimension. An undiscovered depth or distance between the “X” and the “Y”.
I believe it is critical to understand this new dimension in order to understand Trump economic principles, and the subsequent “America-First” economy he’s building.
As the distance between the X and Y increases over time, the affect detaches – slowly and almost invisibly. I believe understanding this hidden distance perspective will reconcile many of the current economic contractions. I also predict this third dimension will soon be discovered and will be extremely consequential in the coming decade.
To understand the basic theory, allow me to introduce a visual image to assist comprehension. Think about the two economies, Wall Street (paper or false economy) and Main Street (real or traditional economy) as two parallel roads or tracks. Think of Wall Street as one train engine and Main Street as another.
The Metaphor – Several decades ago, 1980-ish, our two economic engines started out in South Florida with the Wall Street economy on I-95 the East Coast, and the Main Street economy on I-75 the West Coast. The distance between them less than 100 miles.
As each economy heads North, over time the distance between them grows. As they cross the Florida State line Wall Street’s engine (I-95) is now 200 miles from Main Street’s engine (traveling I-75).
As we have discussed – the legislative outcomes, along with the monetary policy therein, follows the economic engine carrying the greatest political influence. Our historic result is monetary policy followed the Wall Street engine.
[…] there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street).
Investments, and the bets therein, needed to expand outside of the USA. hence, global(ist) investing.
However, a second more consequential aspect happened simultaneously. The politicians became more valuable to the Wall Street team than the Main Street team; and Wall Street had deeper pockets because their economy was now larger.
As a consequence Wall Street started funding political candidates and asking for legislation that benefited their interests.
When Main Street was purchasing the legislative influence the outcomes were beneficial to Main Street, and by direct attachment those outcomes also benefited the average American inside the real economy.
When Wall Street began purchasing the legislative influence, the outcomes therein became beneficial to Wall Street. Those benefits are detached from improving the livelihoods of main street Americans because the benefits are “global” needs. Global financial interests, investment interests, are now the primary filter through which the DC legislative outcomes are considered.
There is a natural disconnect. (more)
Here is an example of the resulting impact as felt by consumers:
♦ TWO ECONOMIES – Time continues to pass as each economic engine heads North.
Economic Globalism expands. Wall Street’s false (paper) economy becomes the far greater economy. Federal monetary policy follows and fuels the larger economy. (Note: size is determined by value, not by production.) In exchange for policy the Wall Street benefactors pay back the politicians.
Economic Nationalism shrinks. Main Street’s real (traditional) economy shrinks. Domestic manufacturing drops. Jobs are off-shored. Main Street companies try to offset the shrinking economy with increased productivity (their limited fuel). Wages stagnate.
Now it’s 1990 – The Wall Street economic engine (traveling I-95) reaches Northern North Carolina. However, it’s now 500 miles away from Main Street’s engine (traveling I-75). The Appalachian range is the geographic wedge creating the natural divide (a metaphor for ‘trickle down’).
By the time the decade of 2000 arrives – Wall Street’s well fueled engine, and the accompanying DC legislative attention, influence and monetary policy, has reached Philadelphia.
However, Main Street’s engine is in Ohio (they’re now 700 miles apart) and almost out of fuel; there simply is no more productivity to squeeze. Technological gains, used as fuel for productivity, start to level-off. The engine starts to slow.
From that moment in time, and from that geographic location, all forward travel is now only going to push the two economies further apart. I-95 now heads North East, and I-75 heads due North through Michigan. The distance between these engines is going to grow much more significantly now with each passing mile/month….
However, and this is a key reference point, if you are judging their advancing progress from a globalist vessel (filled with traditional academic economists) in the mid-Atlantic, both economies (both engines) would seem to be essentially in the same place based on their latitude.
From a two-dimensional linear perspective you cannot tell the distance between them.
It is within this distance between the two economies, which grew over time, where a new economic dimension has been created and is not getting attention. It is critical to understand the detachment.
Within this three dimensional detachment you understand why Near-Zero interest rates no longer drive an expansion of the GDP. The Main Street economic engine is just too far away to gain any substantive benefit.
Despite their domestic origin in NY/DC, traditional monetary policies (over time) have focused exclusively on the Wall Street, Globalist economy. The Wall Street Economic engine was simply seen as the only economy that would survive. The Main Street engine was viewed by DC, and those who assemble the legislative priorities therein, as a dying engine, lacking fuel, and destined to be service driven only….
Within the new 3rd economic dimension, the distance between Wall Street and Main Street economic engines, you will find the data to reconcile years of odd economic detachment.
Here’s where it gets really interesting. Understanding the distance between the real Main Street economic engine and the false Wall Street economic engine will help all of us to understand the scope of an upcoming economic lag; which, rather remarkably I would add, is a very interesting dynamic.
Think about these engines doing a turn about and beginning a rapid reverse. GDP can, and in my opinion, will, expand quickly. However, any interest rate hikes (monetary policy) intended to cool down that expansion -fearful of inflation- will take a long time to traverse the divide.
Additionally, inflation on durable goods will be insignificant – even as international trade agreements are renegotiated, and/or as tariffs are applied. Why? Simply because the originating nations of those products are going to go through the same type of economic detachment described above.
Those global manufacturing economies will first respond to any increases in export costs (tariffs etc.), by driving their own productivity higher as an initial offset, in the same manner American workers went through in the past three decades. The manufacturing enterprise and the financial sector remain focused on the pricing because the consumer is the most important variable. Ultimately prices are determined by wages.
♦ Inflation on imported durable goods sold in America, while necessary, will ultimately be minimal during this initial period; and expand more significantly as time progresses and off-shored manufacturing finds less and less ways to be productive. Over time, durable good prices will increase – but it will come much later.
♦ Inflation on domestic consumable goods ‘may‘ indeed rise at a faster pace. However, it can be expected that U.S. wage rates will respond faster, naturally faster, than any monetary policy because inflation on fast-turn consumable goods become re-coupled to the ability of wage rates to afford them.
The monetary and fiscal policy impact lag, caused by the distance between federal monetary action and the domestic Main Street economy, will now work in our favor. That is, in favor of the middle-class.
Within the aforementioned distance between “X” and “Y”, a result of three decades traveled by two divergent economic engines, is our new economic dimension….
“We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investment,” said the platform released by the Republican National Committee. (link)
/snip/
Notice how each of the most critical parts of that predictive outline from four years ago essentially became our reality as President Trump applied his ‘America-First’ agenda.
Now, here’s where it is going to get interesting again as we look forward another four years.
In part II we will answer: How, specifically would Wall Street reset it’s evaluatory systems if Main Street once again emerged as the priority?… and I will outline how COVID-19 can be the spark to reset that evaluation system.


theconservativetreehouse--2020-03-18--A Message From President Donald Trump…

A Message From President Donald Trump…

Say Hello:
“Strong and united, we will prevail”…
Insert
You are going to send email to


theconservativetreehouse--2020-03-18--President Trump Invokes Defense Production Act – Initiates Executive Order For Health And Medical Re

President Trump Invokes Defense Production Act – Initiates Executive Order For Health And Medical Resources…

Earlier today President Trump announced he was invoking sections of the Defense Product Act to help mitigate COVID-19 ( Chinese Coronavirus ) in the U.S .
The act empowers the government with greater authority to control specific sectors of the U.S. economy , and specific industries , needed to respond to national emergency needs .
The three main components of the Defense Production Act include : ♦ Companies are required to accept and prioritize contracts from the government and to prioritize “ materials , services , and facilities to promote the national defense or to maximize domestic energy supplies.
” @ @ @ @ @ @ @ to ramp up military production , in the midst of the COVID19 pandemic the act will be used for medical supplies .
♦ The second provision in the act provides financial measures , such as loans , loan guarantees , purchases , and purchase commitments , to speed up the production of materials “ needed to support national defense and homeland security procurement requirements.
” ♦ The act also addresses voluntary agreements – or what the government says is “ an association of private interests , approved by the Government to plan and @ @ @ @ @ @ @ defense.
” The proviso permits business competitors to work together to plan and coordinate measures to increase the supply of materials as directed by the U.S. government .
Immediately after invoking the act , President Trump signed an executive order to prioritize Health and Medical resources ( masks , respirators , medical equipment ) .
By the authority vested in me as President by the Constitution and the laws of the United States of America , including the Defense Production Act of 1950 , as amended ( 50 U.S.C .
4501 et seq @ @ @ @ @ @ @ ) , and section 301 of title 3 , United States Code , it is hereby ordered as follows : Section 1 .
Policy and Findings .
On March 13 , 2020 , I declared a national emergency recognizing the threat that the novel ( new ) coronavirus known as SARS-CoV-2 poses to our national security .
In recognizing the public health risk , I noted that on March 11 , 2020 , the World Health Organization announced that the outbreak of COVID-19 ( the disease caused by SARS-CoV-2 ) can be characterized @ @ @ @ @ @ @ that while the Federal Government , along with State and local governments , have taken preventive and proactive measures to slow the spread of the virus and to treat those affected , the spread of COVID-19 within our Nation ’ s communities threatens to strain our Nation ’ s healthcare system .
To ensure that our healthcare system is able to surge capacity and capability to respond to the spread of COVID-19 , it is critical that all health and medical resources needed to respond to the spread of COVID-19 are properly distributed @ @ @ @ @ @ @ and others that need them most at this time .
Accordingly , I find that health and medical resources needed to respond to the spread of COVID-19 , including personal protective equipment and ventilators , meet the criteria specified in section 101 ( b ) of the Act ( 50 U.S.C .
4511 ( b ) ) .
Under the delegation of authority provided in this order , the Secretary of Health and Human Services may identify additional specific health and medical resources that meet the criteria of section 101 ( b ) @ @ @ @ @ @ @ 13603 of March 16 , 2012 ( National Defense Resource Preparedness ) , the authority of the President conferred by section 101 of the Act to require performance of contracts or orders ( other than contracts of employment ) to promote the national defense over performance of any other contracts or orders , to allocate materials , services , and facilities as deemed necessary or appropriate to promote the national defense , and to implement the Act in subchapter III of chapter 55 of title 50 , United States Code , is delegated @ @ @ @ @ @ @ Services with respect to all health and medical resources needed to respond to the spread of COVID-19 within the United States .
( b ) The Secretary of Health and Human Services may use the authority under section 101 of the Act to determine , in consultation with the Secretary of Commerce and the heads of other executive departments and agencies as appropriate , the proper nationwide priorities and allocation of all health and medical resources , including controlling the distribution of such materials ( including applicable services ) in the civilian market @ @ @ @ @ @ @ COVID-19 within the United States .
( c ) The Secretary of Health and Human Services shall issue such orders and adopt and revise appropriate rules and regulations as may be necessary to implement this order .
Sec .
3 .
General Provisions .
( a ) Nothing in this order shall be construed to impair or otherwise affect : ( i ) the authority granted by law to an executive department or agency , or the head thereof ; or ( ii ) the functions of the Director of the Office of @ @ @ @ @ @ @ administrative , or legislative proposals .
( b ) This order shall be implemented consistent with applicable law and subject to the availability of appropriations .
( c ) This order is not intended to , and does not , create any right or benefit , substantive or procedural , enforceable at law or in equity by any party against the United States , its departments , agencies , or entities , its officers , employees , or agents , or any other person .

Earlier today President Trump announced he was invoking sections of the Defense Product Act to help mitigate COVID-19 (Chinese Coronavirus) in the U.S. The act empowers the government with greater authority to control specific sectors of the U.S. economy, and specific industries, needed to respond to national emergency needs.
The three main components of the Defense Production Act include:
♦ Companies are required to accept and prioritize contracts from the government and to prioritize “materials, services, and facilities to promote the national defense or to maximize domestic energy supplies.” While this provision has historically been used to ramp up military production, in the midst of the COVID19 pandemic the act will be used for medical supplies.
♦ The second provision in the act provides financial measures, such as loans, loan guarantees, purchases, and purchase commitments, to speed up the production of materials “needed to support national defense and homeland security procurement requirements.”
♦ The act also addresses voluntary agreements – or what the government says is “an association of private interests, approved by the Government to plan and coordinate actions in support of the national defense.” The proviso permits business competitors to work together to plan and coordinate measures to increase the supply of materials as directed by the U.S. government.
Immediately after invoking the act, President Trump signed an executive order to prioritize Health and Medical resources (masks, respirators, medical equipment).
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Defense Production Act of 1950, as amended (50 U.S.C. 4501 et seq.) (the “Act”), and section 301 of title 3, United States Code, it is hereby ordered as follows:
Section 1. Policy and Findings. On March 13, 2020, I declared a national emergency recognizing the threat that the novel (new) coronavirus known as SARS-CoV-2 poses to our national security. In recognizing the public health risk, I noted that on March 11, 2020, the World Health Organization announced that the outbreak of COVID-19 (the disease caused by SARS-CoV-2) can be characterized as a pandemic. I also noted that while the Federal Government, along with State and local governments, have taken preventive and proactive measures to slow the spread of the virus and to treat those affected, the spread of COVID-19 within our Nation’s communities threatens to strain our Nation’s healthcare system.
To ensure that our healthcare system is able to surge capacity and capability to respond to the spread of COVID-19, it is critical that all health and medical resources needed to respond to the spread of COVID-19 are properly distributed to the Nation’s healthcare system and others that need them most at this time.
Accordingly, I find that health and medical resources needed to respond to the spread of COVID-19, including personal protective equipment and ventilators, meet the criteria specified in section 101(b) of the Act (50 U.S.C. 4511(b)). Under the delegation of authority provided in this order, the Secretary of Health and Human Services may identify additional specific health and medical resources that meet the criteria of section 101(b).
Sec. 2. Priorities and Allocation of Medical Resources.
(a) Notwithstanding Executive Order 13603 of March 16, 2012 (National Defense Resource Preparedness), the authority of the President conferred by section 101 of the Act to require performance of contracts or orders (other than contracts of employment) to promote the national defense over performance of any other contracts or orders, to allocate materials, services, and facilities as deemed necessary or appropriate to promote the national defense, and to implement the Act in subchapter III of chapter 55 of title 50, United States Code, is delegated to the Secretary of Health and Human Services with respect to all health and medical resources needed to respond to the spread of COVID-19 within the United States.
(b) The Secretary of Health and Human Services may use the authority under section 101 of the Act to determine, in consultation with the Secretary of Commerce and the heads of other executive departments and agencies as appropriate, the proper nationwide priorities and allocation of all health and medical resources, including controlling the distribution of such materials (including applicable services) in the civilian market, for responding to the spread of COVID-19 within the United States.
(c) The Secretary of Health and Human Services shall issue such orders and adopt and revise appropriate rules and regulations as may be necessary to implement this order.
Sec. 3. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:
(i) the authority granted by law to an executive department or agency, or the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
DONALD J. TRUMP
THE WHITE HOUSE,
March 18, 2020.