COMMENT: Dear Marty,
I’ve been following you for about 5 years and I, like many others, are grateful for all the objective advice, analysis and curious way of thinking you provide to all your readers.
After reading your open letter to President Trump, I couldn’t help but notice the following bit: ” You should now look at imposing a 9 month moratorium on mortgage and small business loan payments, and suspend all interest accrued during this period”.
I live in Hungary and the panic here is insane, but. If I’m not mistaken, your suggestion about imposing moratorium was implemented by the Hungarian government. Which makes me believe that you either advise the government (I really hope you do) or many politicians in the current party vigorously read and follow your blog.
Whichever it is, I’m very glad you’re around.
All the best,
RH
REPLY: I am not a liberty to say which governments are tuning in. Suffice it to say, we provide advice to many at no charge. The more governments we can help see the light that the postwar scheme of Keynesian Economics has completely failed and measures like QE do not reverse the economic contractions and they DO NOT create inflation as evidence since 2008. Those in other countries are encouraged to send the letter of Trump to your respective governments. Like a broken record, so many keep yelling inflation with every bailout attempt. You really have to wonder how many times they must be wrong before they review what they are saying.
Here is a video from a Japanese reporter in China. This city of 11 million when from 93 infections to zero. People still went to work provided they did not have a fever. People were tested quickly with their temperature before they were allowed to take a bus or enter a public place. Newcomers were quarantined for 2 weeks. They have ID cards, but not microchips implanted inside them as Bill Gates wants to do. Personally, I think too much money has gone to his head
I knew there was something sketchy about Dr. Anthony Fauci. Within the WikiLeaks HRC email files there’s a letter from Fauci to Hillary Clinton through her aid/lawyer Cheryl Mills: “Please tell her that we all love her and are very proud to know her.” LOOK:
The White House releases the following statement after a staffer for Vice-President Mike Pence tests positive for the Wuhan Virus:
“This evening we were notified that a member of the Office of the Vice President tested positive for the Coronavirus. Neither President Trump nor Vice President Pence had close contact with the individual. Further contact tracing is being conducted in accordance with CDC guidelines.”
First, regardless of what the poll numbers reflect, based on a three-year track record of doing whatever it takes, it is safe to say President Trump would do whatever was the best approach while considering polling of those hard decisions irrelevant.
Second, even with the constant back-biting, snark and transparent attacks from the mainstream media, President Trump’s strength as a leader and manager of crisis is well identified by the majority of Americans. The media hate us, he’s just in their way.
(Via ABC) As a deepening public health crisis rocks the nation, a new ABC News/Ipsos poll released Friday shows a far different portrait of a country than from only one week ago, as nearly three in four Americans now say their lives have been upended in some way by the novel coronavirus and President Donald Trump’s approval for his handling of the outbreak is on the rise.
In the new poll, 55% of Americans approve of the president’s management of the crisis, compared to 43% who disapprove. Trump’s approval on this issue is up from last week, when the numbers were nearly reversed. (read more)
Agriculture Secretary Sonny Perdue has an important message about the U.S. food sector. With shortages in the retail food (grocer) sector the last part is key…. “don’t take more than you would normally use in a week or two.” WATCH:
.
The aspect that most models are missing, is the pressure on the supply-chain will not soon end. The restaurant sector (‘food away from home’) appears to be operating at far less than half capacity (perhaps as low as 25%) due to coronavirus restrictions. As long as those food consumers remain shifted into the retail supply chain (food at home), there are going to be long-term shortages due to capacity constraints and distribution limits.
Processing/Manufacturing – – – Distribution – – – Retail Stores
To gain an idea of the scale of the challenge here’s some big picture analytics. There are approximately 50,000 retail outlets for grocery sales nationwide with about 250 large scale distribution centers (warehouses) regionally placed.
If you take an average across all grocers, a conservative estimate for one product category, hot dogs, each retail store would need roughly 20 cases for a resupply (all brands). That’s one million cases of hot dogs across all retail outlets. [50,000 stores at 20 cases each]
However, the distribution centers would also need 1 million cases, for a replenishment average of 2.5 to 3 days later. Additionally, within 7 days (from the original delivery date) another 1 million cases would have to arrive from the manufacturer(s) to resupply the distribution centers.
That’s a total production demand for ‘hot dogs‘ of 3 million cases per week across all brands. 240 to 360 individual packages selling (twice weekly) at the store level across all grocery outlets; throughout the country.
3 million cases of hot dogs equals 600 semi tractor-trailers with 5,000 cases each, nationwide in the logistical supply chain. [200 trailers per stage: retail (day 1), distribution (day 2.5/3.0), manufacturing (day 7)] That’s 600 tractor trailer loads, for one product category, nationwide. [Easter is April 12th, Memorial day May 25th]
That’s a very conservative supply chain demand on one product category.
That’s just hot dogs.
Now, take the same baselines and consider the logistics of 100 cases of paper goods at the current level of need (retail all outlets), resupply (all distribution), and manufacturing:
100 cases needed per retail outlet (50,000) equals a 5 million case fill on day one. An additional five million cases on day 3 (from distribution), and an additional five million within seven days from manufacturing. That’s 15 million cases needed.
LOGISTICS: At 800 cases per trailer, 15 million cases of paper goods means 6,250 semi-trailers (retail), 6,250 trailers all distribution within three days, and 6,250 semi-trailers from manufacturing to distribution within seven days. A total of 18,750 trailer loads of paper goods (towels and toilet tissue) within one week; nationwide.
♦ It is impossible for the current manufacturing supply chain (all outlets) to start from a ZERO baseline in stores and generate 3,000,000 cases of hot dogs, delivered by 600 tractor trailers, in a week.
♦ It is impossible for the current manufacturing supply chain (all outlets) to start from ZERO baseline in all stores and generate 15,000,000 cases of paper goods, delivered by 18,750 tractor trailers, in a week.
• CEREAL – It also seems impossible for the current retail supply chain (all outlets) to start from ZERO and generate 12,000,000 cases of cereal (all brands), delivered by 6,000 tractor trailers in a week. (80 cases per store, equals 2,000 trailers/2k per – total supply chain)
• SOUP – It seems impossible for the current retail supply chain (all outlets) to start from ZERO and generate 6,000,000 cases of soup (all brands), delivered by 2,400 tractor trailers in two weeks 14 days. (40 cases per store, equals 800 trailers – total supply chain)
[Note for distribution of non perishable “pasta” and “rice” the sector mirrors soup.]
Bottom Line – There are going to be long term retail supermarket shortages until restaurants re-open. Yes, the total food supply chain is ok, but the retail sector of the supply chain is grossly overwhelmed. Math is math and no-one is doing it.
People are not being honest about the extent of the disruptions.
Easter is April 12th and Memorial Day is May 25th.
Earlier today President Trump announced the closing of the southern border (Mexico) and northern border (Canada) to non essential travel. Entry/Exit for trade and business travel will continue to operate with additional screening.
PROTECTING PUBLIC HEALTH: President Trump is taking action at our northern and southern borders to prevent further spread of the coronavirus in the United States.
♦ The United States has reached mutual agreements with Canada and Mexico to restrict non-essential travel across our northern and southern borders.
♦ The United States will expeditiously return aliens who cross between ports of entry or are otherwise not allowed to enter the country, as the facilities in which these aliens would normally be held cannot support quarantine for the time needed to assess potential cases.
These aliens are processed in stations designed for short-term processing, where distancing is not a viable option, creating a serious danger of an outbreak.
The Centers for Disease Control and Prevention (CDC) has determined that these conditions present a serious infection control challenge and are a risk to public health.
Should an outbreak occur at these facilities, local medical facilities would be forced to devote extensive resources and may become overwhelmed.
This action will also protect the health of our country’s dedicated border agents and other law enforcement personnel, who are vital to the security of our Nation.
♦ Trade and business travel will continue to operate across our borders, ensuring workers and goods are not impeded.
American citizens, lawful permanent residents, and individuals with valid travel documents will be exempted.
CBP will continue to process cargo, as there has been no identified health threat related to cargo shipments.
Entry for trade and business travel will continue to operate with additional screening.
SAFETY MEASURES AT THE BORDER: Numerous countries around the world have taken safety measures at their borders to stem the spread of the virus.
♦ The President, like dozens of other leaders across the world, is taking action to protect the health and wellbeing of our citizens during this public health crisis.
♦ Similar measures have been taken by numerous countries.
A number of countries have closed or restricted their borders to neighboring countries or the international community together.
STEMMING THE SPREAD OF THE CORONAVIRUS: President Trump acted early and decisively to restrict travel from impacted areas and continues to do so.
♦ President Trump took action early to restrict travel from China and stem the spread of coronavirus to the United States.
♦ The President took further action to restrict travel from additional impacted areas, including Iran, Europe, the United Kingdom, and Ireland.
American citizens are exempt from the travel restrictions and are being routed to select airports, where they can be properly screened.
♦ The State Department has issued a global level 4 travel advisory, informing Americans that they should avoid all international travel.
Treasury Secretary Steven Mnuchin announces via Twitter the IRS has delayed the deadline for tax filing to July 15th. However, anyone expecting a refund should file asap for obvious reasons.
In France, journalists are no longer allowed to go out and cover stories. They need permission from the government and must explain what the story is about. Then their editors must also approve before they even seek permission from the government. There are reliable leads that this is a manufactured crisis coming from people seeking to further the global socialist agenda out of the United Nations. I have confirmation that the central banks have NOT been apart of this and they are being pushed into the corner. Hedge funds are being wiped out and the losses are staggering. The main reason seems to be that the bulk of the industry relies on fundamental analysis. This has proven that they were caught completely off guard because this virus does not warrant shutting down the entire world economy. Now, journalists who are skeptical are being sequestered to prevent exposing what is going on.
Those touting the virus is being understated may love their own conspiracy world, but they are being used for a much more serious agenda.
It seems that it does not matter if a rumor is true or false. What seems to matter is how it can be whipped up into creating some response just as the coronavirus is causing a global economic collapse. There is probably a no better example of a rumor that led to murder and a scandal that was on the front pages of newspapers around the country and even in Europe back in 1906 which involved the golden nude statue of Diana on display now in the New York Metropolitan Museum of Art.
Diana was commissioned by architect Stanford White as a weather vane for the tower of the former Madison Square Garden. It would eventually cost him his life. Diana was the goddess of the hunt. The daughter of the Roman god JUPITER and his mistress, Latona, Diana was born on the island of Delos with her twin brother, APOLLO, the god of light. She was celebrated on August 13th.
For some strange reason, as society moves into interesting turning points there is always some rumor that turns out to be false, but it still captures the attention of society. The supermodel of the day back at the turn of the century was Evelyn Nesbit (1884 or 1885 – 1967). She was in a love triangle and the two men hated each other. She married the mentally unstable multimillionaire Harry Kendall Thaw, who shot and killed the prominent architect Stanford White in front of hundreds of witnesses at the rooftop theater of Madison Square Garden on the evening of June 25, 1906, below this statue of Diana. This became what the press would call the “Trial of the Century,” which they whipped up into a real frenzy.
There are cycles within society that oscillate between openness and modesty. From the 1890s on, there was not just the rise of the Progressive Movement built on the back of Marxism, but along with this trend, there were major changes in society. We know generally about the rise of the Free Love Movement of the hippies during the 1960s, but what most people do not know is that there has been a cycle to change in social etiquette as well between openness and modesty.
Teddy Roosevelt was an ancient coin collector. When Teddy Roosevelt (1858-1919) became president on September 14, 1901 – March 4, 1909, he commissioned Augustus Saint-Gaudens (1848 –1907) to redesign the $20 gold coin and made it high relief as the ancient coins had been struck. The machines could not handle the high relief and so the coins had to be reduced in their relief. But Augustus Saint-Gaudens was at the center of a curious rumor that was not true and yet it led to the murder under a statue he also was commissioned to make — the famous golden statue of Diana.
Evelyn Nesbit lost her virginity to Stanford White at the age of 14 which was not illegal back in the day. While the general ages of consent are now set between 16 and 18 in all U.S. states, the age of consent has widely varied throughout the country over time. Back in 1880, the ages of consent were set generally at 10 or 12 in most states, with the exception of Delaware where it was 7-years-old. The ages of consent were raised across the U.S. starting in the post-World War I era which seems to be a clash between the conservatives v the rising progressive of the Roaring ’20s. For the most part, by 1920 ages of consent generally rose to 16–18. The last state to raise its age of general consent was Hawaii which finally increased it to 16 from 14 in 2001.
While sexually, this applied to only girls, the US government decided to enlist 18-year-old boys during WW2 and the Korean war for the first time. There was an outcry in US that 18-year-olds can serve the army and die, but they can’t vote nor have a drink. Hence, the 26th amendment was passed on 1st July 1971 which lowered the age of voting from 21 to 18.
The Diana statue was unveiled atop Madison Square Garden’s tower on September 29th, 1891. The 304-foot (92.66 m) building had been completed a year earlier and was the second-tallest in New York City just in time for the Panic of 1893 as the Empire State Building was for the Great Depression. But the addition of the statue made it the city’s tallest, by 13 feet (3.96 m). The rumor was that Evelyn Nesbit was the nude model. That was simply not true for she was at best just 7 years 0ld. Nevertheless, that popular rumor had become assumed fact.
The hatred of her husband, Thaw, toward White, had become a major public contest. Thaw shot and killed White under the statue which was never his wife Evelyn Nesbit. BTW, there tends to be a 43-year cycle between social perspectives that oscillate between openness and modesty. While naked statues are everywhere in Europe, in America, this has been a battle back and forth within society.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 