ECONOMY | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

ECONOMY

Mar 21 03:34

After Trading Limit-Up Overnight, Nasdaq Has Crashed Into The Red

Despite The Fed's biggest asset-purchase week ever, US equity markets refuse to hold a bid.

After trading limit-up overnight )on what we have no idea), Nasdaq is now down almost 1% on the day...

Mar 21 03:29

From Quarantine To Tyranny To Rebellion: Where Is The Line In The Sand?

Authored by Brandon Smith via Alt-Market.com,

America is in a haze right now. It seems like half the country is in denial of the danger while the other half is awaking from apathy and frantically trying to prepare. This is creating a fog of confusion as one side screams “it's nothing but the flu, stop buying up the grocery store...!”, and the other side just keeps stocking goods, though in an inexperienced way that prioritizes comfort over practicality.

Mar 21 03:20

Before Economy Totally Disintegrates – Will Anyone Else Notice WHO Director Made BASIC MATH ERROR in Causing Global Coronavirus Panic?

Before Economy Totally Disintegrates – Will Anyone Else Notice WHO Director Made BASIC MATH ERROR in Causing Global Coronavirus Panic?

Mar 21 03:18

Boeing Suspends Buybacks And Dividends; CEO Will Work For Free Until End Of The Year

Boeing thought it could be tricky - again - and after it repurchased tens of billions in stock in the past 7 years...

Mar 21 03:03

Defense Contractors Can Go To Work Amid State & Local Lockdowns, Pentagon Says

The U.S. government declared defense companies and their suppliers part of the country’s “critical infrastructure sector,” a designation that will allow employees to continue reporting to work even if local and state governments order citizens to stay home amid the COVID-19 outbreak.

The decision, which defense executives and trade association officials have argued for over the past week, allows assembly line workers, engineers, mechanics, security personnel and others to maintain normal work schedules.

“We need your support and dedication in these trying times to ensure the security of this nation,” Ellen Lord, the defense undersecretary of acquisition and sustainment, wrote in a Friday memo. “I understand that this national emergency presents a challenge and we are dedicated to working closely with you to ensure the safety of the workforce and accomplishments of the national security mission.”

Webmaster's Commentary: 

Imagine my (complete absence of surprise) at this development.

Mar 21 02:22

U.S. to Iran: Coronavirus won't save you from sanctions

WASHINGTON/DUBAI (Reuters) - The United States sent Iran a blunt message this week: the spread of the coronavirus will not save it from U.S. sanctions that are choking off its oil revenues and isolating its economy.

Iran is the Middle Eastern nation worst hit by coronavirus, with its death toll climbing to 1,284 and one person dying from it every 10 minutes and 50 becoming infected every hour, the health ministry said.

The United States, which argues that its “maximum pressure” campaign to curb Iran’s nuclear, missile and regional activities does not stop the flow of humanitarian goods, imposed new sanctions this week.

The Trump administration blacklisted five companies based in the United Arab Emirates, three in mainland China, three in Hong Kong and one in South Africa for trade in Iran’s petrochemicals.

Webmaster's Commentary: 

These US economic sanctions are deliberately being engineered, designed, and executed in order to wreak the maximum amount of havoc on innocent Iranians.

Mar 21 02:15

BAILOUT NATION: US MOVIE THEATERS JOIN AIRLINES, HOTELS AND RESTAURANTS IN DEMANDING A TAXPAYER BAILOUT

SOURCE: ZERO HEDGE
Back in 2008, when the US government bailed out the US banking sector, it became clear that virtually any industry in America's $18 trillion economy could pass off for "too big to fail." So fast forward to today when the longest expansion in history has mutated in under a month into the biggest market crash since the Great Depression, and sure enough, virtually any industry is trying to get bailed out.

Consider this - until today, the US government and by implication US taxpayers, had received bailout requests both direct or indirect from:

The Airline Industry
The Public transportation industry
The Hotel and lodging industry
The Restaurant Industry
And, of course, Boeing.
And now, demonstrating just how fucked up everything has become once the government has opened the Pandora's Box of government bailouts, US movie theaters are also demanding a bailout.

Mar 20 23:00

Leaders Of Western Nations Misled Over Quarantine/Social Distancing

Death rates will predictably fall as temperatures and the solar UV index rise with the arrival of the Spring equinox (March 19).

Solar ultraviolet radiation produces vitamin D in exposed skin and is the overriding factor in infectious disease control.

Mar 20 17:52

President Trump Waives Interest On Federal Student Loans: “Good news for the students”

Better idea! Declare a Golden Jubilee and forgive ALL Debt.

President Trump’s administration is waiving interest on federal student loans for a period of at least 60 days, with President Trump saying that this is “good news for the students.”

Mar 20 17:47

The Metal Trump Wants More Than Gold

By Charles Kennedy

China has a monopoly on one of the most strategic metals on the planet, and Washington is anxious to change that.

Mar 20 17:43

U.S. Oil Industry Could End Up Losing More Than 200,000 Jobs

With West Texas Intermediate below $30 a barrel and Saudi Arabia’s plans to keep pumping as much as it can for as long as it can, the U.S. oil industry is bracing for job losses that could end up in five-figure territory. “A sustained drop in oil prices would cost the sector 50,000-75,000 jobs if employment returned to its low from a few years ago,” the chief economist of PGIM Fixed Income, Nathan Sheets, told CNBC this week.

Mar 20 13:40

What You Can and Cannot Do During a Stay-at-Home or Shelter-in-Place Order

As coronavirus cases continue to rise in the U.S., questions have been circling about shelter-in-place and stay-at-home orders.

California's governor on Thursday ordered the states 40 million residents to stay home indefinitely and venture outside only for essential jobs, errands and some exercise, warning that the coronavirus threatens to overwhelm the state's medical system. Illinois' governor is expected to announce a similar order Friday.

Mar 20 13:38

Gov. J.B. Pritzker to issue order requiring residents ‘shelter in place’ starting Saturday, sources say

Illinois Gov. J.B. Pritzker plans to issue a “shelter-in-place” order for the entire state starting Saturday, essentially commanding residents to stay in their homes as the officials take drastic measures to slow the spread of the coronavirus, sources told the Tribune.

Mar 20 13:35

Is it to be QE for everyone and everywhere?

Mar 20 13:18

Photos: New Orleans drive-thru coronavirus testing center opens for first responders, health care workers

The testing sites, in the parking lots of the Mahalia Jackson Theater and the University of New Orleans' Lakefront Arena, have the ability to do up to 100 tests per day each due to limits on the number of tests that can be processed, New Orleans Homeland Security and Emergency Preparedness Director Collin Arnold said at a press briefing Friday(March 20) morning.

Mar 20 10:30

'Flog your private island and pay your staff': Richard Branson among billionaire business owners and shareholders facing furious demand to open their OWN wallets to help staff survive as the coronavirus epidemic batters the economy

Huge firms including the likes of Virgin Atlantic, owned by Sir Richard Branson, and Stelios Haji-Ioannou's Easyjet have demanded staff take weeks of unpaid leave or asked for huge state aid to help avoid making hundreds of people redundant.

The economy is in free-fall in the face of the pandemic, with airlines, retail and the hospitality sectors among the worst affected as the globe grinds to a halt.

EasyJet this week begged its pilots and cabin crew to take three months of unpaid leave and said 3,000 faced losing their jobs.

But last night it confirmed plans for a £174million dividend payout to shareholders, including £60million for Mr Haji-Ioannou, the Times reported.

Enraged politicians and trade union leaderssuggested that people with billion-pound fortunes could and should be leading by example and stumping up cash they can afford in solidarity with their staff.

Mar 20 10:26

Coronavirus causes carnage on the High Street: London's iconic Harrods and Selfridges are forced to close due to coronavirus while Michael Kors, Reiss and IKEA shut all their UK shops

London's iconic Harrods has become the latest High Street victim of the coronavirus crisis as it will shut its doors to try to stem the outbreak.

The glamorous department store in Knightsbridge will temporarily close from 7pm in a move which shadows Selfridges on Oxford Street.

Retail giant Ikea as well as designer chains Michael Kors, Reiss and Abercrombie & Fitch have also shut as UK deaths from the virus hit 144.

Mar 20 08:14

Margin Call: You Were Warned Of The Risk

Mar 20 07:34

Surveillance State Seizes Coronavirus Pandemic as Opportunity to Expand

Following the advice of Rahm Emanuel to “never let a serious crisis go to waste,” the Surveillance Hawks in both government and Big Tech are seizing the “opportunity” provided by the coronavirus pandemic to increase surveillance of citizens.

The Washington Post is reporting:

The U.S. government is in active talks with Facebook, Google and a wide array of tech companies and health experts about how they can use location data gleaned from Americans’ phones to combat the novel coronavirus, including tracking whether people are keeping one another at safe distances to stem the outbreak.

Mar 20 07:31

Will Coronavirus-Weary Americans Start to Rebel in ‘Wartime’ ?

How long will we suffer in social isolation, perhaps for months, while a state-induced Great Depression takes over?

A prediction: The longer the orders to shelter in place and self-isolate remain in force, the greater the probability they will begin to be ignored and people will take the risks to end their isolation and be with friends.

Will Americans suffer in social isolation, inside their own homes for months, while a state-induced Great Depression washes over the land?

My guess is that many will rebel.

Mar 20 07:26

The Coronavirus, Fear, and Elitist Driven Market Insanity

Fear is contagious: Fear is more contagious than any virus could ever be, and the media has really fed the fear factor when it comes to the coronavirus.

I am by no means playing down the deadly Covid-19 coronavirus. It is a killer. Depending on the reporting nation, it appears that on average 3.4 percent of every 100 who catch the coronavirus die. Those are not good odds.

Adding to the problem, the Center for Disease Control allowed the virus to spread in the United States out of an act of pure stupidity. The CDC refused to allow testing of those with coronavirus symptoms unless they had visited certain areas of China. And what about those who were exposed at airports, restaurants and stores? People died of the coronavirus in the United States before the CDC diagnosed a single case.

Mar 20 07:23

This Year’s Influenza-Pneumonia-Corona Virus Cocktail Hit No Worse Than Any Other Year

It’s safe to say these days the media wants your eyeballs on one thing and one thing only: the coronavirus numbers. But why? Why to the exclusion of everything else?

And I don’t mean just to the exclusion of everything else there is going on right now (bailouts, repression…), but even stripped of its proper context necessary to understand how much of a threat it is or isn’t.

We’re supposed to be acting as if SARS-CoV-2 dropped down from the sky yesterday and was totally new and isolatable, and not just one more virus in a virus cocktail that hits us every year.

That isn’t how it works:

Mar 20 07:19

Italy coronavirus: new explosive information

Bloomberg News has the story: 3/18, “99 percent of those whose died from virus had other illness, Italy says”:

“More than 99% [!] of Italy’s coronavirus fatalities were people who suffered from previous medical conditions, according to a study by the country’s national health authority.”

“The Rome-based institute has examined medical records of about 18% of the country’s coronavirus fatalities [so far, because it’s slow work], finding that just three victims [!!], or 0.8% of the total, had no previous pathology [disease]. Almost half of the victims suffered from at least three prior illnesses and about a fourth had either one or two previous conditions.”

“More than 75% had high blood pressure, about 35% had diabetes and a third suffered from heart disease.”

Mar 20 07:16

Stanford Professor: Data Indicates We’re Severely Overreacting To Coronavirus

In an analysis published Tuesday, Stanford’s John P.A. Ioannidis — co-director of the university’s Meta-Research Innovation Center and professor of medicine, biomedical data science, statistics, and epidemiology and population health — suggests that the response to the coronavirus pandemic may be “a fiasco in the making” because we are making seismic decisions based on “utterly unreliable” data. The data we do have, Ioannidis explains, indicates that we are likely severely overreacting.

Mar 20 07:15

Pandemic Masks Communist Power GRAB

POWER GRAB

A naked grab for more power would meet with resistance. That is why it is disguised as
a pandemic. But what is the difference between martial law and medical martial law based on a phoney pandemic? None.

gates-assembly.jpeg
Yet medical martial law closely mirrors Communist/Orwellian tyranny. People are confined to their homes. They cannot travel or assemble to discuss their predicament. Mass surveillance to enforce "social distancing." Drones ensure no one even goes for a walk. Outside in France? Show your papers!
Food becomes scarce. Empty shelves. Lineups at supermarkets. They snitch on each other if they hear coughing. They are carted away and confined. They lose their livelihood and depend on government handouts. Convicts are freed. Borders are sealed except to migrants.

Talk about total control. People can't even go to the cinema or sports events. They can't swim or play hockey because even recreation centers are closed.

Mar 20 05:30

The Dow is set to open 600 points higher, a second day of gains; Nasdaq futures hit ‘limit up’

U.S. stock futures jumped on Friday, pointing to a second day of gains. Nasdaq futures hit ‘limit up’ levels on exchanges.

As of 6:44 a.m. ET, Dow Jones Industrial Average futures were up about 700 points, implying a gain of more than 600 points at the open on Friday. S&P 500 futures were up about 3%.

Nasdaq-100 futures jumped nearly 5% and were “limit up,” meaning no trades could take place above those levels. CME Group halts futures at certain bands in overnight trading in order to curb panic trading. Futures have hit these extreme levels multiple times during this volatile month, mostly to the downside.

Mar 20 05:30

The Fed will be buying $75 billion in Treasurys Thursday and Friday as part of stimulus effort

The Federal Reserve will be buying $75 billion in Treasurys on Thursday and Friday as the central bank ramps up its efforts to keep markets flowing smoothly amid the coronavirus crisis.

In the latest in a frenzied series of developments, the New York Fed laid out a schedule for its purchases across a series of maturities.

In all, the purchases will total $75 billion, an acceleration from the $40 billion total the Fed had originally set when it announced its latest operations to expand its balance sheet.

The schedule looks like this:

Mar 20 05:29

For The First Time Since The 1970s, Texas Is Considering Curtailing Oil Production

Following the 2014 Thanksgiving massacre, Saudi Arabia effectively broke up OPEC to try to kill the US shale sector by overproducing oil and sending its price plunging. It failed largely thanks to the extreme generosity of "yield-starved" junk bond buyers.

Six years later, and another, far more harrowing price water later which dragged the price of oil to nearly two decade lows, Saudi Arabia appears to have finally won.

Mar 20 05:27

The Median US Stock Is Now Down 50% From Its Highs As World Loses $25 Trillion In A Month

Global stock and bond markets have seen $25 trillion of 'paper' wealth erased in the last month, wiping out all the gains from the Dec 2018 crash lows....

Mar 20 05:26

Trump To Intervene In Russia-Saudi Price War At "Appropriate Time" After Crude Hit $20

As Congressional voices and US oil companies have grown louder in urging President Trump to mount a muscular pushback against the Russians and Saudis flooding the market following their spat early this month that triggered an ongoing oil-price war — which lately witness crude falling to $20 yesterday — the administration has said it plans to get involved at "the appropriate time" and hopes to find a "middle ground". Trump said Thursday at a White House briefing: "They are in a fight on price, on output," and indicated that "At the appropriate time I will get involved."

Early this month the Saudis were caught completely off-guard when Putin said Russia would ignore Riyadh and OPEC+ plans to significantly cut production, effectively and dramatically overturning the balance of power in the oil world while declaring war on US shale, sending crude prices crashing and leaving dozens of American producers teetering on bankruptcy.

Mar 20 05:25

Senator Calls On Trump To Embargo Russia, OPEC Crude

“We will not be bullied” is the message Senator Kevin Cramer would like President Donald Trump to send to Saudi Arabia and Russia about the unsettled oil markets that the two nations, along with the UAE are presently flooding.

Mar 20 04:44

The Pandemic Will Cause A Global Depression - We Need Demand Side Measures To Counter It

Last week's post on Boeing ended with this line:

The pandemic, and the global depression it will cause, now make it certain that Boeing will have to ask for a gigantic government bailout or go into bankruptcy.
With most flights grounded due to the pandemic Boeing is now thinking about cutting its production and laying off workers.

In the quoted sentence I used the words "the global depression it will cause" with care. I do indeed believe that a sustained, long-term downturn in economic activity in many countries will be one of the results of this pandemic.

Mar 20 04:17

What an Incredibly Useful Little Virus This Has Been for the Power Elite

Instead of taking the blame for the global economic crash they get to play martial law

Mar 19 21:59

Chart: The Downward Spiral in Interest Rates

Mar 19 21:24

A Contagion Of Fear

Tens of thousands of people die from the flu every year, and no one panics. Over 60,000 Americans died of the flu in the 2019 flu season and over 80,000 Americans died of the flu during the 2018 flu season. That computes to more people dying from the flu—just in America in one month alone—than have died from corona in the entire world to date.

Think of it another way: Every year, as many or more Americans die of the flu than were killed in all of the Vietnam War. And no panic! No closed restaurants. No empty shelves in stores. No presidential plea to stay home. No closed churches. No businesses shutting down. No panic!

Mar 19 21:15

Ducey calls out National Guard, halts surgeries, closes some businesses

Facing increased pressure, Gov. Doug Ducey activated the National Guard to restock grocery store shelves, halted all elective surgeries and closed all bars, gyms and movie theaters in any county with confirmed cases of COVID-19.

The order issued late Thursday also bars dine-in service in restaurants in the same counties by close of business on Friday, March 20. But Ducey said restaurants will be able to deliver alcoholic drinks to patrons who get food to go.

Mar 19 21:11

Gov. Gavin Newsom orders all Californians to stay at home

By Taryn LunaStaff Writer
March 19, 2020
6:49 PM
SACRAMENTO —

Gov. Gavin Newsom on Thursday ordered all Californians to stay at home, marking the first mandatory restrictions placed on the lives of all 40 million residents in the state’s fight against the novel coronavirus.

The governor’s order comes at a critical time in California, where 19 people have died and an additional 958 have tested positive for the disease.

Mar 19 21:06

Flagstaff restricts restaurants, closes other businesses

FLAGSTAFF, Ariz. (AP) — Flagstaff restaurants will be to-go service only, and bars, theaters, fitness centers and indoor recreation facilities will be closed starting Tuesday night, the city's mayor ordered in a bid to stop the spread of the coronavirus.

Mar 19 19:31

Keep Calm, Bear Markets Are Temporary

Mar 19 15:32

This is not a black swan...

Mar 19 14:30

Markets Trying to Find a Near-Term Bottom

Mar 19 12:50

Italy’s Embrace of China’s ‘Belt and Road’ Is a Snub to Washington

Anybody wonder why Italy has been hit so hard by the virus?

More than seven centuries after a 17-year-old Marco Polo set off from Venice on a voyage that would culminate at the court of Kublai Khan, the Italian city continues to tout itself as the westernmost point of the ancient Silk Road, China’s gateway into Europe. Now it faces some competition from Trieste, an increasingly busy port city on the northeastern edge of Italy, whose contributions to commerce and culture included popularizing coffee by importing, roasting, and shipping the beans northward, to Vienna’s cafes and beyond.

Mar 19 12:28

How the Kushner Family Is Cashing In on COVID-19

Sarah Okeson

The Kushner family is trying to cash in on the pandemic that could kill millions of us.

Oscar Health, the health insurance company co-founded by Jared Kushner’s younger brother, announced Friday it has launched a testing center locator for COVID-19. It shows where more than 100 centers are in the United States. The company is also offering a risk assessment survey and means to talk to a doctor online.

Mar 19 12:11

Coronavirus will bankrupt more people than it kills — and that's the real global emergency

Coronavirus’s economic danger is exponentially greater than its health risks to the public. If the virus does directly affect your life, it is most likely to be through stopping you going to work, forcing your employer to make you redundant, or bankrupting your business.

The trillions of dollars wiped from financial markets this week will be just the beginning, if our governments do not step in. And if President Trump continues to stumble in his handling of the situation, it may well affect his chances of re-election. Joe Biden in particular has identified Covid-19 as a weakness for Trump, promising “steady, reassuring” leadership during America’s hour of need.

Mar 19 11:41

Coronavirus is US psychological warfare operation: Ex-US military officer

Former US military psychological warfare officer Scott Bennett

A former US military psychological warfare officer has said that the coronavirus is probably a fabricated psychological warfare operation launched by the United States to spread fear, panic and intimidation in the Chinese economic markets.

Mar 19 10:54

Trump Regime COVID-19 Guidelines Exclude Equitable Fiscal Measures for Ordinary Americans

In times of economic duress like now, US policymakers and the Wall Street owned and operated Fed throw hundreds of billions or trillions of dollars at business and investors to aid them and financial markets — crumbs at most for cash-strapped households hard-pressed to get by.

For weeks, Trump failed to acknowledge the risk of a growing public health crisis, admitting it belatedly on Monday with guidelines that exclude financial help for ordinary people in need.

It calls for “15 days to slow (COVID-19’s) spread” that could take months or longer to control and eliminate nationwide.

Mar 19 10:40

Pakistan, China and Russia decide to conduct trade in local currencies skip dollars

When it rains, it pours!

A road map will be finalized and signed at SCO's Finance Ministers' meeting in Moscow on March 18th.

Representatives from the finance ministries and central banks of China, India, Russia, Pakistan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan will attend the SCO conference in Moscow.

Mar 19 10:34

Event 201

Practice! Practice! Practice!

The Johns Hopkins Center for Health Security in partnership with the World Economic Forum and the Bill and Melinda Gates Foundation hosted Event 201, a high-level pandemic exercise on October 18, 2019, in New York, NY. The exercise illustrated areas where public/private partnerships will be necessary during the response to a severe pandemic in order to diminish large-scale economic and societal consequences.

Statement about nCoV and our pandemic exercise

Mar 19 09:20

Workers At These Companies Say They Can’t Get Sick Leave

Many of the country’s largest retailers and fast-food chains don’t pay employees when they’re sick ? a policy that could put those workers, their families and the public at risk as the coronavirus sweeps through the U.S.

Workers at Target, Walmart, Kroger, Taco Bell, Subway, Burger King and a slew of other well-known businesses say they don’t get paid sick leave, according to a survey of workers from The Shift Project, a joint research effort from two sociologists at the University of California, Berkeley, and the University of California, San Francisco. The survey was first published in The New York Times editorial pages.

Mar 19 09:19

It's Still Not Enough

Mar 19 08:37

David Crosby on Being a Musician in the Age of Coronavirus

Th intent is to destroy the economy. This is the NWO's big push!

“If I lose the tours, I probably will lose my home.

”GQ: How are you doing?

David Crosby: Not too good. I'm sitting here waiting for them to cancel all my tours this summer and put me in deep financial trouble.

That sounds incredibly stressful.

Yeah, it is. Because, you know they don't pay us for records anymore, right? So touring is all we got. That's really the only thing that we can do to make any money. And to lose it is just awful. I may—honest to God—I may lose my home. I don't know what to do about it, except just try to roll with the punches and keep going. Truthfully, if I lose the tours, I probably will lose my home.

Mar 19 07:49

Anthony Migchels -- "We Face the Mother of all Depressions"

Make no mistake whatsoever: this is the New World Order's long awaited Big Push.

A magician does something with his left hand, as he signals his audience to look at his right hand.

They have been at it since late September. Remember that 'impeachment'? Everybody was just wondering: 'what's it all about?' Well, it was about distracting people from the financial implosion that had begun.

Soleimani? He got blown away on the day that..........the Federal Reserve reported they had already doled out $6 TRILLION short term loans on the repo market. They have been at it ever since, and it would be interesting to know what they have already given out. At this rate, they must be well in to 12, 15 Trillion territory, which is 2008 all over again, with the Fed doling out 16 TRILLION in loans to its Bankster buddies, $9 Trillion of which they admitted 'they cannot account for.'

2008 all over again? Well, this is only the beginning, 2008 was just a prelude, a walk in the park.

Mar 19 07:46

Obeisance to the “Greater Good”

We can look upon otherwise-advanced cultures such as the Egyptians, the Romans, the Aztecs, etc., and shake our heads at their naivete. All of them created great ceremonies that involved blood sacrifices, in order to appease the deities.

So, how are we doing? Have we banished paganism from the modern world?

Well, unfortunately, no. We may live in a more technological age, yet human nature remains the same. Those who are not highly focused within themselves have the perennial tendency to want to put their faith in some magical entity out there who will smile upon them and make all the bad things go away.

Mar 19 07:43

The Biggest Thing Since 1776 is Happening NOW… How the Coronavirus Will Spark the Greater Depression

International Man: Panicked people are emptying supermarket shelves and stockpiling toilet paper. Hand sanitizer is impossible to find anywhere.

Is the impact of the fear and hysteria greater than the risk of the virus itself?

Doug Casey: Yes, very much so. The virus itself is what we can call a first-order effect. I don’t want to spend much time talking about the flu itself because, even though worst-case numbers like a million deaths in the US are tossed around, it’s not the biggest problem.

The second-order effects—like the economy shutting down from hysteria—are actually much more serious.

The third-order effects—new laws and state action—will have the longest-lasting consequences. We can talk about them in a minute.

Mar 19 07:41

The Only Pandemic in America Is That of Unbridled Fear and a Total Lack of Intelligent Thought

“I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.” ~ Frank Herbert,

Can the common flu cause people in America and worldwide to lose their minds, and lose all ability to think? Apparently, that is the case, as Americans have gone insane over a new monster created out of thin air called coronavirus. I have anticipated a scenario such as this, and written about it for the past decade or more, but the response by the people of this country is more ridiculous than even I could have imagined. It is the most pathetic sight I have seen in my life.

Mar 19 07:39

Quarantines May Backfire

A couple of decades ago it was epidemiologist Edgar Hope Simpson who asked some questions about the incongruities between published dogma about the spread of flu viruses and current epidemics that caused him to ask these questions:

Mar 19 07:37

Judge Andrew Napolitano: Coronavirus fear lets government assault our freedom in violation of Constitution

He was wrong on the impeachment,but he is right on this. These shutdown orders are unconstitutional. Mayors and governors are issuing a boiler plate order that seems to always contain the phrase no gatherings more than 10 people. This is martial law under false pretenses.

“The Constitution of the United States is a law for rulers and people, equally in war and in peace, and covers with the shield of its protection all classes of men, at all times and under all circumstances." – Ex parte Milligan, U.S. Supreme Court (1866)

During the Civil War, when President Abraham Lincoln thought it expedient to silence those in the Northern states who challenged his wartime decisions by incarcerating them in military prisons in the name of public safety, he was rebuked by a unanimous Supreme Court.

Mar 19 07:32

This Glorified Bug Absolutely Warrants Whatever “Emergency Measures” Our Regimes Want to Impose on Us. OBEY Or you're selfish!!

Let’s try a little thought experiment. Just for fun. To pass the time while we’re indefinitely locked down inside our homes, compulsively checking the Covid-19 “active cases” and “total death” count, washing our hands every twenty minutes, and attempting not to touch our faces.

Before we do, though, I want to make it clear that I believe this Covid-19 thing is real, and is probably the deadliest threat to humanity in the history of deadly threats to humanity. According to the data I’ve been seeing, it’s only a matter of days, or hours, until nearly everyone on earth is infected and is either dying in agony and alone or suffering mild, common cold-like symptoms, or absolutely no symptoms whatsoever.

Mar 19 04:28

Big Bond Bubble Begins to Blow!

Mar 19 03:52

Watch: Lockheed Martin Uses Computer Graphics to Destroy Russia’s S-400s in New Promo

The clip, which heaps praise on the secretive Skunk Works division, notably features mostly computer-generated prototypes of aircraft, with the problematic F-35 fighter jet being the only already-existing model.

Lockheed Martin Corp has released a promotional video that appears to show a simulated airstrike on Russian weaponry.

More than halfway into the promo, CGI footage shows strikes by Lockheed’s planes on Russia’s trademark S-400 anti-air systems and a road-mobile Topol-M intercontinental ballistic missile system, as the voice-over narrates about the “ever-evolving threats” to US security.

Webmaster's Commentary: 

The problem with the way in which the US military buys weapons from its suppliers, is rife with corruption and controversy, and must change immediately, if the US is ever going to gain, and maintain, weapons superiority against Russia and China.

It is no secret that the companies creating hardware and software for America's weaponry, donate to both sides of the aisle, so that at the end of the day, no matter which candidates or parties dominate the White House, their products will still be chosen.

And unless these products are designed intelligently, brilliantly well, and honor the American people, by also being brilliantly cost-effective, they will have failed this country miserably.

What our military needs, but is terrified to ask for, are weapons which get delivered timely; doing what they are advertised to do, and with no huge cost over-runs. Russia and China have those kinds of relationships with their suppliers; this country does not.

And THIS has cost us, and will cost us, big-time in terms of defensive and offensive weapons which really work, unless and until that changes.

And I will assure you, that US weapons manufacturers very much like the situation just as it is, with their ability to deliver so late, as to render them obsolete in the field; create products which ultimately never work as originally advertised, and have cost-overruns from here to, literally, eternity.

Mar 19 03:34

Israeli MP presents bills to annex Jordan Valley, impose death penalty on Palestinians

A right-wing Israeli parliamentarian submitted two bills to the Knesset on Wednesday seeking to permanently annex the Jordan Valley, the northern Dead Sea and the Hebron desert in the occupied West Bank to Israel, as well as impose the death penalty on Palestinian political prisoners.

Miki Zohar, the head of the Likud faction in the Knesset, said that the two bills he submitted would “embarrass” former army general Benny Gantz of the Blue and White party and Avigdor Lieberman of Yisrael Beitenu.

Gantz is currently speaking with Israeli parties to form a coalition government after receiving a thin majority last week from Israeli Knesset members.

Prime Minister Benjamin Netanyahu, the leader of Likud party, is maintaining contact with Gantz in a bid to form a national unity government, though the chances are slim that the two rivals will find common ground.

Webmaster's Commentary: 

Hey, Zohar, let the Israeli people and the Knesset know how you REALLY FEEL about the Palestinians!!!

Apparently, irony is completely lost on this guy, who has utterly zero idea of just how horrific these suggestions are to rational people, even to some of the most hard-core Zionists in both this country, and in Israel.

What's next, if you have your way, forced Palestinian infanticide, Zohar?!?

And why am I having this deadening "thud", right across my solar plexus, as though he has already thought about this?!?

Mar 19 03:27

General Motors, Ford and Fiat Chrysler to temporarily close all US factories due to the coronavirus

Detroit’s Big Three automakers plan to temporarily close all U.S. factories as the coronavirus sweeps across the country.

The companies bowed to pressure from union leaders and employees who called for protection from the pandemic that’s spread to more than 212,000 people in nearly every country across the globe.

Ford said it plans to close its factories in the U.S., Canada and Mexico after Thursday evening and through March 30. The company said it would work closely with the United Auto Workers union in the coming weeks to restart plants and explore additional protocols and procedures to help prevent the spread of the virus.

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