Michigan (125 delegates), Idaho (20), Mississippi (36), Missouri (68), North Dakota (14), and Washington State (89) all vote today. If you are on the ground in one of these key states feel free to share your own ground report in the comments section.
How is turnout? What is the sense in your area, town, region or precinct?
Treeper ground reports have proven to be some of the most accurate real time analysis and much better than the MSM spin. So, what do you see going on?
When candidate Joe Biden was questioned by a Michigan auto worker today about his promise to take guns away and put Beto O’Rourke in charge of his gun confiscation program (both of which he did), Biden comes unglued and tells the Fiat Chrysler plant worker “you’re full of shit”. But it gets worse…
Joe Biden keeps poking his finger in the mans face, the auto worker tells Biden “this is not ok”, waving off the finger. Then Biden threatens to “take this outside”. Unreal, this candidate is very unstable. WATCH – (video might not last long):
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The campaign team immediately realized things were spiraling out of control and took up positions to remove the candidate, but in such close quarters things didn’t work out well. Joe Biden’s unstable anger was very visible.
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The Democrat-Socialist Party loves diversity, but their two front-runners for the nomination are very old white men.
One of them, Biden, has a history of plagiarism, corruption, and gaffes. Joe’s confused bumbling has worsened with age. He sounds like an old man suffering from the onset of dementia. Both candidates stand little chance against Trump.
This is according to plan. Hillary’s plan, that is.
Bernie and Biden will probably receive a similar amount of delegates, which will help bring about a brokered convention. If this doesn’t occur and either one obtains a large lead, look for a last minute health problem. Bernie may announce his heart problems have returned. He’ll drop out and enjoy a new beach house.
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If Biden is the front-runner he’ll announce he must drop out due to the beginning of Alzheimer’s disease. Either way, Hillary will be running again. She has avoided the rigors of debating and campaigning, but the Clintons still control the party and the party will do as it is told. Why else would Hillary remain in the public eye since Trump’s election? Her book tour, her documentary, her opinions on everything under the sun forced into the mass media. She’s running again and she’ll try to make sure her operatives do a better job at rigging the game this time. She doesn’t care how much she’s hated. She will force herself upon us once again and she will lose to Trump again. It will be glorious.
Meanwhile, one must wonder if Biden isn’t going along with her scheme by playing up his forgetfulness. His mumbling and fumbling may be on purpose. Such displays could then be offered up as proof as his mental incapacity, thus allowing him to avoid prosecution for his Ukraine graft.
Whatever the case may be, it has all been a stage play. Look for Hillary to end up taking a bow.
—Ben Garrison
QUESTION: Hi Martin, I have been reading your blog with interest for six years now and recently I subscribed to Socrates. Thanks for all the insights.
I have a question regarding the repo crisis and interest rates. Socrates correctly predicted the start of the repo crisis back in September. When will the Fed give up or scale back intervening in the repo market? When do you/Socrates expect rates to rise as you have been predicting?
Thanks. W
ANSWER: The Fed is trapped. It cannot exit the repo market or else short-term rates will rise sharply. By lowering rates when the credit risks are rising, we create a real nightmare for the Fed. Credit risks are rising as many fear that some will be unable to make debt payments and states/provinces will suffer sharp declines in tax revenues. All of this points to rising interest rates — not lower rates. We have a real paradox forming here which is a completely new nightmare scenario all because of the ECB and BOJ are trapped into negative interest rates which have undermined the entire Keynesian Model.
The Fed cut rates but the market6 still crashed. This is reflecting the underlying collapse of Keynesian Economics.
QUESTION: Why is the US Dollar tanking during this Coronavirus outbreak? Would have thought it was a safe haven. And why is the Japanese Yen increasing? Why is Japan considered a safe haven?
M
ANSWER: This has nothing to do with the Coronavirus. The capital flight began with the concern that Bernie was leading the pack and it appeared that he would be the candidate against Trump. That was the #1 concern of capital and this is why the Dow was the first to peak out reflecting the international political concerns and why we warned of a sharp rally in the Euro. The Coronavirus has been whipped up into a real panic to the point it has seriously impacted the global economy. Even we were forced to cancel our Shanghai WEC and we were holding a special training session in Berlin for Pro Subscribers which also had to be canceled. The jury is still out on the Frankfurt WEC.
This really seems to be something created by the press like the Spanish American War because of the fake news by Pulitzer and Hearst. They simply wanted to sell newspapers when the sinking of the US ship Maine was never an act of war by the Spanish but an accident. This is why Pulitzer tried to reshape his image after death taking his blood money and creating the Pulitzer Prize. It is ironic that the most prestigious prize in journalism is named by the father of Yellow Journalism.
We really do not have hard evidence to confirm that we are looking at such a major crisis or pandemic concerning the Coronavirus. This may simply subside in April with the normal flu season. We have to cross that bridge when we come to it. But the speculation is unbelievable and the press has scared the hell out of everyone that they are creating a global recession and forcing political change. I get a lot of emails that say I am wrong and 50% of the population will die. I hope I am one of them because I am sick and tired of losing more and more rights with each passing claimed crisis.
In Japan, the Prime Minister is seeking new power to declare the Coronavirus an emergency to give him more dictatorial power. In the US, Trump has asked Congress for emergency spending and seeking a payroll tax cut to help workers. In Italy, the entire country has been put on lockdown. We are looking at really pushing the envelope for governments under the banner of free societies.
Meanwhile, we have others claiming paper money should be terminated because it can spread the Coronavirus. This is becoming reminiscent of the 911 crisis which they used to justify Homeland Security and we all now have TSA inspecting what we have and confiscating cash if you have over $10,000 even on domestic flights. The conspiracy theories can be made up almost on an endless cycle in and of themselves.
Now the market is crashing based on the impact of the Coronavirus insofar as its economic impact. We do expect that the 1st quarter numbers will reflect a recession in may areas. Capital is being pulled back because there is a major liquidity crisis unfolding which has forced the Fed to now expand the availability of money to support the overnight Repo market.
We have a perfect storm of events unfolding which is the prelude to the entire Monetary Crisis and the Mother of All Financial Crises coming directly at us. This is going to be a major financial upheaval that will separate the men from the boys. Those who trade emotionally will not survive. We are looking at major confusion and swings that will get the best of most people.
We ourselves are looking into doing a webinar as an alternative to training sessions we have been doing for pro clients in various places around the world.
QUESTION: First, Thank You for sharing your knowledge about the way the Planetary Economy really works without all the BS. Please do not get discouraged and keep up the outstanding work.
My question is, since the world economy already had serious problems BEFORE the Corona Virus, are the “Powers That Be” going to use this pandemic as a reason the world economy is tanking and attempt to hide their past economic sins and incompetence under the diseases skirts?
Best Regards,
LAM
ANSWER: My observations of working with governments since the early 1980s boils down to one simple truth — they love crises. A politician cannot run for office saying vote for me because I prevented you from losing your job. Nobody will believe them. It is far better if you lose your job and then a politician can scream, “Vote for me and I will get the guy that cost you your job!”
Similarly, Ben Franklin observed a derivative of what I am saying. You cannot secure liberty by surrendering it because of some urgent crisis. We are already hearing rumblings about how paper money is now suddenly dangerous for it can spread the coronavirus. This virus offers an excuse for regulations, changes to the economy, and of course more reasons to raise taxes.
The problems that were already in motion can simply be used by blaming it on the virus
We have been in contact with very high-level people and the expectation is that the coronavirus (COVID-19) will subside in April with the normal flu season. This may be more in line with our model which is pointing to 2022 as the worst in such disease periods. Diseases of this nature love cold weather. They do not thrive in warming periods. This is why the flu season comes at the end of the summer.
However, one of the surprising features of the coronavirus was how few children seemed to have been identified as infected. This is very unusual compared to influenza which children normally contract. While both the flu and COVID-19 may be transmitted in similar ways, there is also a possible difference: COVID-19 might be spread through the airborne route, meaning that tiny droplets remaining in the air could cause disease in others even after the ill person is no longer near.
As it stands now, the COVID-19 has been approximately 107,644 cases worldwide with 437 cases in the U.S. as of Mar. 8, 2020. The flu, on the other hand, is estimated to have reached 1 billion cases worldwide with 9.3 million to 45 million cases in the U.S. per year.
While the market crash has been blamed on the COVID-19, this is really just an excuse for a market that was ripe for a correction anyway.
Most intellectually honest people have noted the leading Democrat front-runner for the DNC presidential nomination, 77-year-old Joe Biden, is slowly losing mental acuity. He might not have lost all his marbles, but there’s definitely a worsening hole in the bag.
As a direct result when Biden gives speeches he ends up speaking in what can best be described as jibberish.
Media covering for the loss of mental acuity have taken to calling the bouts of extreme jibberish “gaffes”; however, the scale and scope of the awkward word-salads has started to outpace the ability of the media to cover for them.
A plan of action, something more substantial, is going to be needed if the Democrats and their aligned media are going to successfully nominate a cognitively challenged candidate.
The Washington Post outlines the latest campaign strategy, which, one might think doesn’t exactly inspire a great deal of confidence. The Club solution: limit Biden’s visibility and stop him from talking.
KANSAS CITY, Mo. — As Joe Biden cradles a delegate lead through the handful of primary states that will vote Tuesday, he has unleashed a rarely used weapon in what has become a two-man battle for the Democratic presidential nomination:
Brevity.
Biden’s event in St. Louis, framed by the Gateway Arch, clocked in at around seven minutes Saturday. A short time later, at a windswept event in Kansas City, people were streaming for their cars after Biden wrapped up in 12 minutes.
[…] Most voters who hear Biden’s stump speech are experiencing it for the first time and are thus unaware of the newly abbreviated nature of his remarks. (read more)
In November of 2019 buried deep in the congressional budget Continuing Resolution (CR) was a short-term extension to reauthorize the FISA “business records provision”, the “roving wiretap” provision, the “lone wolf” provision, and the more controversial bulk metadata provisions [Call Detail Records (CDR)], all parts of the Patriot Act. As a result of the FISA CR inclusion the terminal deadline was pushed to March 15, 2020.
AG Bill Barr traveled to Capitol Hill today for meetings with House and Senate leadership. However, Tom Fitton is correct in this interview. Nothing currently being called “reform” is going to address abuse when those who abused the system are not held accountable.
As noted during the press conference today the Coronavirus (COVID-19) task force is providing some common sense handouts to help people understand what simple precautions we can take to mitigate any exposure:
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