A petition to the White House calling for an investigation into Bill & Melinda Gate Foundation is absolutely NECESSARY!!!! Gates has taken a high profile on this demanding we remain locked down until everyone is vaccinated as he said on German TV. Even the CDC admits that the flu vaccine is at best 60% effective. Clearly, what Gates has been pushing would not be 100% guarantee either and then the flu vaccine has to be changed every year because viruses mutate.
Everyone whose business has been harmed by this lockdown should sign this petition. Perhaps if enough people do so, Trump will see that this can even become a campaign issue and that alone would give any politicians ammunition for the political battle.
QUESTION #1: Dear Mr. Armstrong,
I’ve been following your blog for quite a while, and have a Basic subscription to Socrates. Wish I could have been able to attend a WEC, but so far that’s not been possible. Also wish I understood everything in Socrates so much better, but my old brain isn’t what it used to be, even tho’ I’ve learned a great deal.
I’m 72, retired, with a small pension, SocSec, and interest/dividends from the stock market. My home is free and clear. Investments are mostly Corporate Fixed Income and Municipal Bonds (for tax advantages), and a few stocks. I’m not an active trader, and have taken about a 16% hit so far.
Given that what I have is all I’ll have for the future, what is the best I (and other seniors essentially on fixed incomes) can do to protect ourselves for these next few years? Wish I could just pull it all out in cash and bury it in the backyard, but that isn’t a rational strategy, and likely not even do-able with the limits on cash withdrawals. I do have a fair amount of cash for “emergencies”, but certainly not enough for the next 10 years. It seems like I need to do something, but what?
Many thanks for all you do,
SH
ANSWER: Probably your greatest risk will be the Municipal Bonds. I know they love to say no munis defaulted during the Great Depression. The city of Detroit “suspended” all payments in 1937 and eventually repaid in 1963. This lockdown has been either the most stupid decision ever made by any politician, or they have been the puppets of the Climate Change Socialists whose dream it has been to shut down the economy, nationalize industry, to reduce CO2. Even Bill Gates TED Talk was all about how do we get to ZERO CO2.
Because of this unbelievable wholesale destruction of the world economy, state, provincial, and local governments are going to be in major trouble. They cannot print money as can the Federal governments. They rely on taxes and these morons have shut down their local economies without even comprehending what they were doing to their local tax base. They cannot pay pensions without current revenue. They will try to raise taxes and will find revolts and people who will be unable to pay because they lost their job, probably healthcare insurance that went with that, and all their various loans from cars and mortgages, etc.
As far as corporate debt, stay away from consumer-oriented companies such as retail sales with brick & motor establishments. Take Neiman Marcus, for example, their biggest shareholder in the Canadian pension system CPPIB.
Keeping gold in safe deposit boxes will be risky. We have already witnessed some European banks using the virus as a justification to deny access. You then must provide the reason for your access and what you intend to take out. Remember that when gold was confiscated, it was whatever was on deposit in banks. They did not go door to door.
QUESTION #2: Marty I’m based in UK and have been reading your posts for a while about Central banks and the collapse of Europe. I have recently retired and am holding funds in cash in Banks and also have a deposit box with a bit of gold. I have 2 investment properties with mortgages. Would you recommend that I use my cash and repay the mortgages and withdraw the box as u were talking about banks confiscating gold. Very worried about the future.
Thank you
K
ANSWER: Do not pay off the mortgages. Keep the cash. Be very careful about leaving gold or cash in a bank safe deposit box. Banks will not be trustworthy at this point. The governments can decree to seal all such boxes and they will do that in a split second.
COMMENT #3: Marty, Good morning. Been keeping an eye on things and also making analyses and forecasts. If this was a casino with sports betting odds, the Dark Age would be seeing better odds daily at a rapidly increasing rate and would soon be among the favorites, if not the odds on favorite.
Hope all is well in your area.
Best,
E
ANSWER: I am always amazed when Socrates makes such a bold forecast and I personally cannot find the words to articulate it. I wrote the report How Empires Nations & City-States Fall? The Dark Age Cycle and priced that at $29.50 for the average person because it was important to understand what makes such events unfold. I would have to confess, I underestimated the Climate Change contingent. They have persuaded many at the upper echelon of power and flipped even the wealthy into feeling guilty that they have so much to support this all-out assault on shutting down the world economy. I have inside knowledge that members were told to sell all stocks and bonds in January. They picked their favorites to protect.
I never imaged that the could shut down the world economy like this so fast. They have openly destroyed Capital Formation and have hurled society toward war and that certainly now raises the stake for a Dark Age coming post-2032. They have won. They are destroying civilization to save the planet. Nobody will bother to investigate – the question is WHY?
I have never seen such absolute rhetoric coming out of any organization that is supposed to be impartial as that from the World Health Organization. All of their predictions have been dead WRONG. It is curious how they support Bill Gates and we should remain locked-down until we are all vaccinated and tested. The tests to see if you have COVID-19 have at least a false positive result of 5% if not higher. The CDC admits that the flu vaccine is only 60% effective. So why are we locked-down until vaccinated when that is not a 100% preventive measure? This is a false narrative.
Now the WHO has the audacity to come out and say that Britain should keep its people in prison and destroy its economy because the test to see if the people are immune is not reliable?
This is not a virus that is any more lethal than the flu. We do not lock down the world economy every flu season. What is their real agenda here? The Gates proposal that everything in the world must be vaccinated before the world economy can return to normal? Who make him the world emperor? Why is the New York Times, Washington Post supporting Gates against the people? WHY?
The economic damage has destroyed people’s lives and that increases the chances of war. I find this extremely arrogant for most countries do not have unemployment benefits. Many countries are highly dependent upon tourism like many islands, Thailand, and South Pacific not to mention Greece, Italy, and Spain. Those people are going to be waiting in lines for soup kitchens in third world countries and starvation is already rising.
There should be a major class-action lawsuit brought against the WHO which can expand thereafter with subpoena power to see who they have been conspiring with. It is time to do something that politicians are unwilling to do because perhaps it might involve them as well. The United Nations is not a sovereign government and should have no immunity.
PS – do not sue them in New York City. That is probably the most corrupt federal court.
QUESTION: Mr. Armstrong; Do you disagree with Trump blaming China for this virus leaking from their lab?
HB
ANSWER: I do not care if it was a mistaken leak from China’s lab or it was sent here by aliens intending to invade the planet. The source is irrelevant. There are also conspiracy theories that it was created and planted by Bill Gates since he has been the one person to gain so much from this fiasco. Since the World population is estimated to reach 7.58 billion and Gates’ companies got $10 per vaccine that would be twice his fortune. But in fact, they usually get $50 or more per flu shot. That would mean vaccines would cost almost $400 billion for just one. Why stop there. There are numerous viruses.
The blame belongs in the West and how did we allow the WHO and Imperial College’s Neil Fergusonto put out false information that there would not be enough bed space to warrant locking down the entire world economy destroying people’s livelihoods and pushing people in many areas toward starvation. They filled stadiums with beds that were never used.
This has been INTENTIONALLY exaggerated and used as a power-play in a far too well-organized manner. This attempt to blame some lab in China for the actions that have taken place in the political circles in the West is not justified. The West has jumped on the push for digital currencies using the virus as the excuse is just way too convenient. Blaming China’s lab is a distraction so we do not look at what has been done politically at by the people who are supposed to be representing the people but never do.
I do NOT support Trump with the blame game shifting this to China. We should have a public investigation of all the players from Bill Gates, the WHO, which elites sold all stocks and bonds and where did those tips come from. How about we start there. This coronavirus scare has been deliberately exploited as a power grab and NO lab in China would be responsible for the political actions right in our backyard. At the 2012 British Olympics, the opening skit was all about a pandemic with hospital beds. Was that a political attempt at pre-conditioning the public for a power-grab?
I have a cousin who is in the hospital with it. So some claims it’s fake or 5G really does not matter! Stop looking at the claimed cause. Look at the exploitation that has been carried out for political objectives. Forget the virus. Remember our Liberty!
Shortfalls in the illicit drug trade could be very problematic for the DNC who receive funding through Mexican drug cartels. Apparently, according to the cartels, the coronavirus is having an impact. Will Speaker Pelosi look for bailout options?
Additionally the U.S. military operation to target illicit drugs is entering its fourth week creating even more havoc in the system.
NEW YORK (AP) — Coronavirus is dealing a gut punch to the illegal drug trade, paralyzing economies, closing borders and severing supply chains in China that traffickers rely on for the chemicals to make such profitable drugs as methamphetamine and fentanyl.
[…] – Along the 2,000-mile U.S.-Mexico border through which the vast majority of illegal drugs cross, the normally bustling vehicle traffic that smugglers use for cover has slowed to a trickle. Bars, nightclubs and motels across the country that are ordinarily fertile marketplaces for drug dealers have shuttered. And prices for drugs in short supply have soared to gouging levels.
“They are facing a supply problem and a demand problem,” said Alejandro Hope, a security analyst and former official with CISEN, the Mexican intelligence agency. “Once you get them to the market, who are you going to sell to?”
Virtually every illicit drug has been impacted, with supply chain disruptions at both the wholesale and retail level. Traffickers are stockpiling narcotics and cash along the border, and the U.S. Drug Enforcement Administration even reports a decrease in money laundering and online drug sales on the so-called dark web. (read more)
President Trump broke the OPEC+ stalemate by agreeing to decrease U.S. production by 300k/barrels allowing Mexico to drop a more manageable 100k/barrels. Trump and AMLO reached an undisclosed agreement where Mexico will reimburse the U.S. later on.
♦As we shared last week… CTH suspects the “reimbursement” will be more, well, strategically geopolitical than financial. [*nudge-nudge*, *wink-wink*, *say-no-more/say-no-more*] President Trump has an uncanny knack of collecting leverage for later, more strategic, purposes. Just sayin’.
♦Three Weeks Ago…. President Trump and Defense Secretary Esper announced a major deployment of U.S. military to interdict narcotics trafficking from Central America.
On the surface the effort to deploy naval assets to the Caribbean and southern pacific is justified based on intelligence drug cartels will exploit the coronavirus pandemic to ship more narcotics into the U.S.
However, in the bigger picture there’s also a likelihood the Chinese Communist Party would work with their geopolitical allies in Central American regimes to further weaken the U.S. during a time of increased vulnerability.
In times of war, or severe geopolitical confrontation, exploiting a vulnerability is a common strategy. Therefore it’s a smart and prudent geopolitical move for President Trump and U.S. military to take very aggressive action against the cartels and their communist sympathizers. There’s more going on here than appears on the surface.
Barr: “The president is very thankful for your cooperation“…
AMLO: “So you’re saying this is an offer I cannot refuse?“..
Barr: “The President is very thankful for your cooperation“…
Unfortunately, with President Trump effectively communicating the latest information on the federal efforts to mitigate COVID-19, more corporate U.S. resistance media have decided not to carry the live broadcasts from the White House task force briefings.
Today at 5:45pm ET the White House will hold a briefing for the public and media on the latest mitigation efforts against the coronavirus. [Livestream Links Below]
Treasury Secretary Steven Mnuchin appears on CNN to discuss the ongoing congressional funding issues around the Paycheck Protection Program. Mnuchin notes the effectiveness of the Trump/Mnuchin community banks responding to their small business customers on Main Street. This success was specifically by design and foresight two years ago.
It is important to remember the modernized community and credit union banking system was specifically created by the Trump administration in 2017 and 2018 to be the direct conduit to main street. It is likely the effectiveness of that agile financial system has actually stunned the institutional banks and their UniParty big club politicians. The Big Club didn’t realize how nimble the banking system was that Trump/Mnuchin created.
In my opinion, the effectiveness of the community and credit union banking system has turned the eye of Sauron onto them. Thus the Wall St. multinational banks are attempting to punish the White House by activating their paid footsoldiers in congress to impede it.
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Congress (both sides) are not blocking the PPP funding program (via SBA for Main Street) for the reasons most people think. Pelosi and McConnell are both trying to help their Big Bank/Big Club, Wall Street, benefactors by punishing customers of the Main St banking system Trump/Mnuchin put into place two years ago….
It’s a much bigger battle than most understand.
In late October 2017 the Senate voted, narrowly, to strike down a CFPB banking rule that was set to begin in 2019. The CFPB (Consumer Financial Protection Bureau), is the watchdog financial agency created by Congress in the aftermath of the mortgage mess.
The CFPB rule, five years in the making, would have allowed individual and class action lawsuits against financial institutions by consumers and lawyers instead of arbitration to settle disputes. The Democrats and those who supported the rule framed the arguments around protecting consumers from predatory banks. However, those against the rule pointed out the cost to smaller banks, community banks and credit unions.
Big banks and multinational financial enterprises (ie. The Big Club) can afford massive groups of lawyers to defend their interests; smaller community banks and credit unions cannot afford such litigious costs. The K-Street lobbyists were against the regulatory rule as a natural outcome of their general disposition toward regulation. However, K-Street was specifically ambivalent to the final senate vote because increased systemic regulation supports their competitive ability to dominate the U.S. financial system.
Trump and Mnuchin viewed the entire U.S. banking system as too monolithic and generally positioned to the benefit of Wall Street and not Main Street. As such their approach toward regulation was to split the regulatory financial system into two segments according to the size of the bank (or financial entity). Big institutional banks (more than $10 billion) retained comprehensive regulation over their practices; however, smaller banks do not have the same level of regulatory and compliance mandates. This approach is the modern era financial outlook that, like MAGAnomics, is entirely new and bold.
“we do not support a separation of banks from investment banks, we think that would have a very significant problem on the financial markets, on the economy, on liquidity; and we think that there is proper things that potentially we could look at around regulation, but we do not support a separation of banks and investment banks.”
~ Treasury Secretary Steven Mnuchin testifying to the Senate Banking Committee, May 18th 2017
At first blush that statement from Secretary Mnuchin might seem to run counter to the Trump administration’s prior policy statements outlining a preference for a reinstatement of some form of “Glass-Steagall” regulatory separation between commercial banking and investment banking. However, it doesn’t.
When combined with the totality of Mnuchin’s testimony before the Senate Finance Committee, Mnuchin is saying the current “too big to fail” (‘too big to succeed’) issue had created a problem for lending liquidity. Specifically, if divisional separation is required – the banks’ best interests would naturally put the investment division ahead of commercial lending and the liquid capital within the overall U.S. economy would shrink.
After watching hours of interviews and presentations, and after looking at the policy briefs from within the Mnuchin led Treasury, CTH understood what the administration was doing based on the executive orders signed earlier in the year….
Back in July 2010 when Dodd-Frank banking regulation was passed into law, there were approximately 12 to 17 banks who fell under the definition of “too big to fail”.
Meaning 12 to 17 financial institutions could individually negatively impact the economy, and were going to force another TARP-type bailout if they failed in the future. Dodd-Frank regulations were supposed to ensure financial security, and the elimination of risk via taxpayer bailouts, by placing mandatory minimums on how much secure capital was required to be held in order to operate “a bank”.
One large downside to Dodd-Frank was that in order to hold the required capital, all banks decreased lending to shore-up their liquid holdings and meet the regulatory minimums.
Without the ability to borrow funds, small businesses have a hard time raising money to modernize or create new business. In the big picture growth in the larger economy is hampered by the absence of capital.
Another downstream effect of banks needing to increase their liquid holdings was exponentially worse. Less liquid large banks needed to purchase and absorb the financial assets of more liquid large banks in order to meet the regulatory requirements. Indeed this is exactly what happened.
In 2010 there were approximately twelve “too big to fail banks”, and that was seen as a risk within the economy, and more broad-based banking competition was needed to be more secure.
Unfortunately, because of Dodd-Frank, by 2016 those twelve banks had merged into only four even bigger banks that were now even bigger risks; albeit supposedly more financially secure in their liquid holdings. This ‘less banks’ reality was opposite of the desired effect.
The four to six big banks (JP Morgan-Chase, Bank of America, Citigroup, Wells Fargo, US BanCorp and Mellon) now control $9+ trillion (that’s “TRILLION). Their size is so enormous that small number of banks now control most of the U.S. financial market.
Because they control so much of the financial market, instituting a Glass-Steagall firewall between commercial and investment divisions (in addition to the Dodd-Frank liquid holding requirements), would mean the capability of small and mid-size businesses to get the loans needed to expand or even keep their operations running would stop.
2010’s “Too few, too big to fail” became 2016’s “EVEN FEWER, EVEN BIGGER to fail”.
That’s the underlying problem for a Glass-Steagall type of regulation now. The Democrats created Dodd-Frank which:
•#1 generated constraints on the economy (less lending),
•#2 made fewer banking options available (banks merged),
•#3 made top banks even bigger.
This problem is why President Trump and Secretary Mnuchin created a parallel banking system of smaller community and credit union banks that are external to Dodd Frank regulations and can act as the primary commercial banks for small to mid-sized businesses.
This intended banking design of smaller, more connected to Main Street lending, is why President Trump and Secretary Mnuchin did not support the CFPB banking rule that allowed lawsuits against all financial entities.
The goal of “Glass Steagall”, ie. Commercial division -vs- Investment division, was actually achieved by generating an entirely new system of banks under different regulation. The currently remaining ten U.S. “big banks” operate as “investment division banks” per se’, and are subject to larger regulatory requirements. However, the lesser regulated community banks/credit unions operate as the “Commercial Side” benefiting Main Street.
Instead of fire-walling an individual bank internally within its organization, the Trump/Mnuchin plan fire-walled the banking ‘system’ within the U.S. internally.
White House manufacturing and trade adviser Peter Navarro appears on ‘Sunday Morning Futures’ with Maria Bartiromo to discuss the activity of China during the Wuhan Virus. Navarro brings up a good point that prior to the pandemic outbreak Beijing purchased all of the global PPE, gained control of the global supply, and is now profiteering from the problem they created.
Navarro and Pompeo (audio clip) point out that China’s 5G Hauwei endeavor is now likely to collapse as people around the world realize rebuke the dangerous and manipulative Chinese communists.
Additionally, Navarro gives examples of how the Defense Production Act (DPA) is being used to make rapid changes to manufacturing processes and generate industrial health products in record time.
The above picture of the Wuhan Institute of Virology (WIV) in Wuhan China shows what appears to be the place where this Pandemic started. We know this from information that has come out about lax procedures in China’s first biosafety level 4 laboratory established in 2015 with funding from the US to study coronavirus in bats . Documentation of these poor procedures in the Department of State indicated that the institute was operations at only a level 2 not a level 4. If true that would mean there is credible evidence that that WIV was the source of the Pandemic that has raged across the planet.
The other theory is that the Wuhan virus came from a wet market in Wuhan which is, by the way, only about 4 miles from the WIV. Wet markets are where live exotic animals are killed and sold for local food; these markets are common in China. The logic against this view is that specific bat where the virus came from is not located near Wuhan. While the WIV was actually doing research on that very bat.
To be honest, which is true doesn’t really matter what does matter is what happened after the Wuhan Pandemic started in Wuhan China a major international city.
Wuhan is capital city of Hubei province in the People’s Republic of China. It is the largest city in Hubei and the most populous city in Central China, with a population of over 11 million, the ninth most populous Chinese city, and one of the nine National Central Cities of China. While Wuhan has been a traditional manufacturing hub for decades, it is also one of the areas promoting modern industrial changes in China. Wuhan consists of three national development zones, four scientific and technological development parks, over 350 research institutes, 1,656 high tech enterprises, numerous enterprise incubators, and investments from 230 Fortune Global 500 firms. It produced GDP of US$22.4 billion in 2018. The Dongfeng Motor Corporation, an automobile manufacturer, is headquartered in Wuhan. The city is home to multiple notable institutes of higher education, including Wuhan University, which was ranked third nationwide in 2017 and the Huazhong University of Science and Technology. In 2017, Wuhan was designated as a Creative City by UNESCO, in the field of design. Wuhan is classified as a Beta world city by the Globalization and World Cities Research Network. (information from Wikipedia)
Because of the importance of this city millions of travelers from the entire world pass though there every year, especially from northern Italy. And this is what makes what happened in Wuhan in November 2019 so important.
Sometime in November 2019 the virus that was to decimate the entire world 4 months later jumped from a bat to a human. The lab or the market or even someplace else is only technically important. What we do know is that the Chinese Communist Party (CCP) and the World Health Organization (WHO) hid that Wuhan had a major problem developing for at least two months. During those two months two things happened one Wuhan was isolated from the rest of China internally to prevent spread. And two Wuhan was kept open internationally to tens of thousands of people that came into the city and left the city in essence business as normal. That had the effect of spreading the Wuhan Virus into mostly the EU and some also into America before President Trump recognized what was happening and closed travel to and from China to the US on January 31, 2020.
Then to make maters worse, if that were even possible, during the period from early December 2019 to at least January if not February 2020 China must have known what they had let lose on the world because they were buying up all the Personal Protective Equipment (PPE) in the world to protect the rest of China while they locked down the city of Wuhan. That was a criminal act for it meant the rest of the world was now defenseless against the hidden enemy from Wuhan China. Estimates today are that possibly 90% of the deaths that have and are still accruing could have been prevented if China had told the rest of the world what happened when they knew in early December.
I would classify this as a act of war by China on the rest of the world.
After several months of non-stop media hysteria, a growing number of Americans are finally getting sick and tired of hearing about the dangers of COVID-19 and reminded about the precautions they must take. It is getting nauseating for every news program and a growing number of commercials to obsess about the coronavirus.
Of course, Americans are concerned about the disease and want to be safe, but full safety can never be guaranteed. There will always be killer diseases that can impact Americans. This has been the case since our country was founded 244 years ago.
The job loss has been horrific as over 22 million Americans have been forced out of work
What is particularly devastating in this case is that the economy was shut down. This has never happened before, even though America has faced pandemics in 1918, 1957, 1968 and 2009.
This shutdown has lasted over 30 days, and it shows signs of continuing for a much longer period, at least in some states. The job loss has been horrific as over 22 million Americans have been forced out of work. Sadly, the nation’s unemployment rate will continue to skyrocket in the weeks ahead
The negative economic impact has spurred protests in a growing number of states. Even in liberal California, several hundred protesters descended on Huntington Beach to complain about the state’s “stay at home” orders. In the past few days, protests have been launched in Michigan, Ohio, Kentucky, Oklahoma, Texas, Idaho, Minnesota, North Carolina, Louisiana, Michigan, Virginia, and Maryland.
In New Jersey, the protest leader, Kim Pagan, was charged with violating the Governor’s “stay at home orders.” She was issued a summons to appear in court and could receive a sentence of six months in jail as well as a fine of $1,000. Thus, a protest leader advocating for constitutionally mandated rights may be imprisoned while dangerous criminals are being released all over the country due to fears of the coronavirus spreading in prison. This is the kind of “bizarro world” that our country has become in 2020.
Democratic Party Governors have gone too far in pushing their mandates on their citizens
In many states, Democratic Party Governors have gone too far in pushing their mandates on their citizens. For example, the Michigan Governor, Gretchen Whitmer told residents they could not visit friends, travel to a second home or shop for items such as gardening supplies or paint. Other Governors have shut down religious services and even arrested individuals for practicing their faith.
In the view of many legal scholars, including Judge Andrew Napolitano of Fox News, none of these executive actions are legal and all of them are in direct opposition to the U.S. Constitution. No Governor has the right to abridge 1st Amendment rights to assemble or exercise religious beliefs. Unfortunately, these directives are continuing with increased frequency.
As the country starts to show some signs of improvement, the governmental decrees are becoming more draconian. New York Governor Andrew Cuomo ordered that all residents of his states must wear a mask unless they are practicing “social distancing.” Cuomo, along with New Orleans Mayor LaToya Cantrell and other political leaders, have extended the shutdown until at least May 16.
Mayor Cantrell has also recommended that all 2020 events be cancelled. Consequently, it was no surprise that the Essence Festival and the Jazz and Heritage Festival have abandoned plans for an event in 2020.
The real goal of this hype is to frighten Americans into accepting extreme measures
Sadly, life in our country may never be the same. Some health experts like Dr. Anthony Fauci, who is the Director of the National Institute of Allergy and Infectious Diseases, want to end customary greetings like handshakes. They also claim that it is too dangerous for fans to attend sporting events. So, these events may only be played in front of empty stadiums for the foreseeable future.
It is amazing that Americans have accepted these types of measures and this severe economic shutdown for the 30+ days. In fact, it may last much longer. The damage from all these actions are incalculable. The economy is in a free fall and may not recover for years, if at all.
Unfortunately, as the country may have finally reached the peak of coronavirus victims and there are promising signs of this pandemic starting to subside somewhat, Democratic politicians, the media and health officials are warning of a “second wave.” This is now the new buzz phrase to distract and worry Americans.
The real goal of this hype is to frighten Americans into accepting extreme measures that include “social distancing,” staying at home, wearing masks, and abandoning their jobs. Too many in government and the media seem to want the shutdown to continue indefinitely.
Such a prolonged shutdown will create more problems than the coronavirus. There will be an untold number of suicides, mental health problems, domestic violence episodes, and serious health complications caused by stress, anxiety, and sleep disorders impacting millions of Americans worried about the future. So, for a multitude of reasons, it is imperative that the economy be reopened as soon as possible.
The more protracted this tragedy becomes, the more advantageous it becomes for Democrats
The real culprit for this disaster is the communist government of China. They obviously lied about the origins, spread and severity of the disease. Instead of focusing on the real cause, Democrats and their friends in the media want to target President Donald Trump. Their goal is to create a poor economy that will last through the election and lead to the President’s defeat.
Consequently, the motivation is obvious for why Democrats refuse to replenish funds for a program to lend money to small businesses in need. The program has already been depleted and small businesses are in desperate need of help.
The more protracted this tragedy becomes, the more advantageous it becomes for Democrats. In the short run, the economy will sour, and the blame will be placed on the President. In the long run, Americans will become more dependent on the federal government, the private sector will contract, and the public sector will become even more important.
The stakes for our nation are incredibly high. Unless we revive our economy soon, socialism will prevail, and this country may never recover.
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 