Pelosi and Schumer Block $1.6 Trillion Emergency Economic Bill – DOW Futures Collapse…


Over the past three days a bipartisan group of senators, not leadership, constructed a $1.6 Trillion emergency aid package to rescue the U.S. economy and American workers.  The package had the support of Mitch McConnell. It is called The Coronavirus Aid, Relief, and Economic Security Act, or “CARE Act“. [READ BILL S.548 HERE]

However, at the last minute House Speaker Nancy Pelosi, having returned from her House recess vacation sipping cocktails poolside, instructed Senate Minority Leader Chuck Schumer to crush the senate effort.

Power hungry Pelosi sees an opportunity to use the looming economic crisis as leverage for selecting winners & losers amid the K-Street lobbying community.  Donors for Democrats will be rewarded; supporters of Republicans, not-so-much.  This is DC at it’s worst and Pelosi isn’t going to lose another opportunity.  It’s the same process she used in ’08/’09.

“Twice in one lifetime… How blessed am I?”

Senator Schumer did as he was instructed.  The relief bill did not pass cloture (60 votes needed), and the three-day effort collapsed.  Immediately the DOW futures dropped 5%.

WASHINGTON DC – “I want everybody to fully understand if we aren’t able to act tomorrow, it will be because of our colleagues on the other side continuing to dicker when the country expects us to come together and address the problem,” McConnell said on the floor. He added that over the last 48 hours there were bipartisan discussions among “regular members of the Senate, not in the Leadership office, not in the speaker’s office for goodness sakes.”

“She’s the Speaker of the House, not the Speaker of the Senate,” McConnell added. “We were doing just fine until that intervention.”  (more)

There are two main points Pelosi is targeting.  First, because COVID-19 creates a MASSIVE SPENDING opportunity, Speaker Nancy Pelosi wants to include the elimination of college debt, literally wipe out student loans – which ironically and intentionally were created under Obamacare, in the coronavirus bill.

This move has nothing to do with the economic impacts of coronavirus, but it allows: (a) a political win to get the Bernie AOC crowd behind the Democrat candidate; and (b) will allow more government funding to ideological college interests by wiping out the debt problem.

Secondly, Speaker Pelosi wants unilateral control over which companies will receive any financial assistance or loans to survive the crisis.

As was the case with the 2008 Bank Bailouts, 2009 ARRA (stimulus plan) and Auto-Bailout, Pelosi wants control to select companies for assistance that are owned and operated by Democrat donors; and to scuttle any businesses or corporations who are led by republican donors.   This was a big part of Obama’s stimulus program and GM bailout scheme.  You might remember the dealerships helped were based on party registration.

WASHINGTON DC – Two ugly truths about any epic economic crisis are that not all businesses will survive, and government interventions help determine which businesses will survive.

As coronavirus crushes the economy, Washington policymakers are scrambling to figure out who to bail out, a responsibility that one veteran of the 2008 financial rescue morbidly but accurately compared to the frantic triage work that doctors are currently doing in overcrowded Italian hospitals.

[…] As Congress rushes to assemble an enormous stimulus package to try to slow the freefall or at least pad the landing, it’s becoming clear that a lot of federal dollars will be sent straight to American taxpayers, but also that a lot of federal dollars will go straight to the companies that employ them. Washington’s last epic bailout, the $700 billion Wall Street rescue of 2008, was wildly unpopular but ultimately quite successful—and while a financial panic is a different kind of crisis than a viral pandemic, it has some lessons for today about when companies should get help and how that help should be delivered. (read more)

The difference between Nancy’s prior exploits (in 2008 /2009) and today is that previously she had President Obama to support all of her political schemes.  Now she could be up against President Trump who might use his considerable platform to call attention to the partisan spending….  Key words “could” and “might”.

However, don’t hold your breath; I doubt President Trump will take on Pelosi.  He’ll more than likely sign anything she gives him because she controls the media, and the media is fueling the direction of the panic narrative and blame-casting.  Together with corporate lobbyists, the reality is, corporate media controls congress.

Yup.  We’re going back to the future and it’s politics.

Democrats don’t give a damn about what happens with the economy because Donald Trump is George Bush and will be forced to own the economic collapse he self-created.   So there’s no pressure based on the severity of the collapse… Also given the political damage being inflicted on the White House, there’s no urgency for Nancy…   There is only upside for Pelosi in choosing the winners while she knows the media will never call her out on it.

If all this seems painfully familiar to you…. yes, we’ve been here and done all this a little more than a decade ago.  Here we go again….  Again, here’s the BILL

Eight States Now – Ohio, Delaware and Louisiana Become Latest States With Mandatory “Stay At Home” Orders…


Today Ohio, Delaware and Louisiana joined California, New York, Connecticut, New Jersey and Illinois by issuing mandatory stay at home orders for their citizens.  A total of eight states now have total coronavirus compliance orders restricting movement.

(Via Reuters) […] “Every piece of evidence that I can lay my hands on indicates that we’re at an absolutely crucial time in this war and what we do now will make all the difference in the world,” said Ohio Governor Mike DeWine. “What we do now will slow this invader. It will slow this invader so our health care system … will have time to treat casualties.”

Ohio has 351 cases and three deaths while Louisiana has 837 cases and 20 deaths, several in a senior care facility. Louisiana has the third highest number of cases per capita and saw a 10-fold increase in cases in the past week, Governor John Bel Edwards said.

Ohio’s order will go into effect at midnight on Monday and stay in effect until April 6. Louisiana’s order goes into effect 5 p.m. CT Monday (2000 GMT) and lasts through April 12. Delaware’s order starts 8 a.m. Tuesday.

The lockdown affecting large segments of the American public is likely to last 10 to 12 weeks, or until early June, U.S. Treasury Secretary Steven Mnuchin said on Sunday.  (read more)

Protect your community comrades.  Report any non-compliant citizen behavior to the Directorate of Coronavirus Compliance.

 

Angela Merkel Now Quarantined After Doctor Tests Positive for Chinese Coronavirus….


The leader of the most powerful nation in the EU, German Chancellor Angela Merkel, is now in quarantine after her personal physician tests positive for the Wuhan Virus.

BERLIN (AP) — German Chancellor Angela Merkel has gone into quarantine after being informed that a doctor who administered a vaccine to her has tested positive for the new coronavirus.

Merkel, 65, was informed about the doctor’s test shortly after holding a news conference Sunday announcing new measures to curb the spread of the virus, her spokesman Steffen Seibert said.  He said that Merkel had received a precautionary vaccine Friday against pneumococcal infection.

[…] Merkel on Sunday thanked “the overwhelming majority” of Germans who were following rules on social distancing to help prevent the spread of the coronavirus.

“I know that it means sacrifice,” she said, citing the economic and social costs that the lockdown is having. “I’m moved by the fact that so many are abiding by these rules. This way we show care for older and sick people, because the virus is most dangerous to them. In short: we are saving lives with this.”

Merkel said the lockdown had already affected her profoudly, too.

“My life has also fundamentally changed and now consists largely of phone calls and video conferences,” she said.  (read more)

Sunday Talks: Peter Navarro Discusses Tactical Coronavirus Response and Supply Chain Shifts…


White House Trade and Manufacturing Policy Advisor Peter Navarro discusses some of the more granular details behind the COVID-19 mitigation strategy.   The policies are designed to counter the economic impacts, and then use a tactical approach toward the challenges in the supply chain for medical supply needs.

Navarro discusses some of the private sector shifts in production and manufacturing to generate medical supply needs as an outcome of the defense production act.

White House Coronavirus Task Force Press Briefing – 5:00pm Livestream….


President Trump and the coronavirus task force will be updating the public and answering questions from the Brady press room at the White House today at 5:00pm ET.

There may be questions about the DOJ requests for increased authorities to arrest and detain non-compliant citizens without judges/lawyers – Livestreams Below:

WH Livestream Link – Fox News Livestream Link – State Dept. Livestream Link

.

.

Andrew Cuomo: “I Will Lead The Way”…


Notice the DNC Club is keeping Joe Biden tucked away while the pantomime is presented.  In the latest production, and do not doubt – this is a full-on created production, New York Governor Andrew Cuomo presents: “I will lead the way’….

This is NOT organic.  WATCH  – This is from today:

.

Notice how the graphics appearing on the screen are timed to prompt the oration; and all of it is targeting heart message, emotion over logic.  There is a teleprompter directly in front of and below Cuomo so he can reference the graphics as he gives his press remarks.  You can see him checking the monitor for the next prompt. This is all rehearsed. Everything about this is a production.

A prepared script, graphics with points of emphasis, along with national media interrupting all broadcasts to run these messages, this draft nomination effort is brilliantly designed. People in Ohio, Florida, Arizona and Michigan are wondering why they are watching a New York governor presser every day on their televisions.

You have to admit these are brilliant political operations.

Steve Bannon: “If We’re Gonna Go Through Hell, Let’s Go Through It Quickly”….


Steve Bannon appears on Fox News with Maria Bartiromo to discuss the U.S. response to the coronavirus.   Bannon advocates for a military style shut-down of the U.S. to shut down everything now and get through the crisis as quickly as possible.

The woman pictured below is an Evil Witch!


Nancy (The Witch) Pelosi  will by blocking The Coronavirus Aid, Relief, and Economic Security Act, or “CARE Act“ single handily collapse the US Stock market and put the US into a Deep Depression.  The only solution to the “evil” this bitch is doing is to remove the 15 Day stay at Home program either right now or at the end of the 15 Day. America needs to get back to work or there will be hell to pay.

Grin and Bear It


Can You Spare A Square?

Who knew bathroom tissue would be so coveted today?  Will people judge each other by how many “rolls” they have?

In these crazy times we have to stop and laugh a little.  We know the Charmin bears are laughing at us poor humans packing their squeezable soft products to the garage rafters!

So, take a deep breathe and hug your roll of Charmin, we will get though this and have plenty of TP for the next three years!

Also think of the bright side of this situation.

Families are spending more time with each other.

We are learning to slow down and appreciate the little things in life.

California FINALLY closed its borders!

You are encouraged to work from home.

Your mother in law can’t come to dinner on Sunday..

Remember Patriots take care of patriots when they are hurting.

Stay safe.

Stay Strong.

Tina

Is the Arrogance Over Quarantine Leading to Social Unrest?


QUESTION: Mr. Armstrong, in previous months you made mention that Socrates was pointing to June/July as a time of civil unrest in the states, do you think these recent events are what will be the ultimate trigger here? the initial speculation that the conventions would be taking place around the time of the unrest made sense at the time but I’m beginning to fear we are going to be in a police state slowly being stripped of more and more until the masses say enough is enough, 3 months time seems about right to me. thanks for all that you provide.

JF

ANSWER: Riots are beginning in different places and are being reported by clients, not the press. The youth is protesting against the virus restrictions that the medical industry only looks at from their perspective without considering the social or economic consequences. Sure, if we all distance ourselves, stay home, and shut down the world economy, we can beat the common cold. But how will people eat? Who grows the food? Who distributes it? I find it very arrogant for claimed medical professionals and organizations to argue for the world to be quarantined. What happens when they get their statement on their pension fund and see how much they have lost because of this position?

The riots that are being reported are accompanied by the view that “this is an old people’s disease”not impacting the youth. The Spring Breakers are not staying home, even in the USA. It is hard to say what impact this has on civil unrest. In Florida, they have closed the beaches as of 12 tonight. Civil unrest is rising because of discontent to start with. There are factions already forming, suggesting they write in Bernie’s name in the November election. They are starting “never Biden” (#NeverBiden) movements. We may see the split in the Democratic Party because of the discontent that began BEFORE the virus scare. The computer forecasts the trend, not the fundamentals.

Even Italy, which has an aging population, has confirmed that 99% of those who have died from the virus had other illnesses. Unbiased medical professionals make it clear that the actual cause of death is not the virus alone – it is complications