Bail out the oil industry! Bail out the airlines! Bail out Boeing! Bail out the auto industry! Bail out the cruise ship companies! Bail out the restaurants! Bail out the casinos! Bail out businesses large and small!
Bail out the stock market! The Federal Reserve is being asked to prop up everything including the faltering stock market with never-ending QEs. Will the central bankers end up owning everything simply because they have a monopoly on currency creation? The strange thing is the taxpayers pay for it all—including interest on the debt resulting from that currency being created. What happens when the debt reaches $30 trillion? $100 trillion? Americans will have to work harder just to pay the interest in the form of taxes. It means people will be laboring more and more for the central bankers. We will have truly become slaves on the land our forefathers conquered.
Why not give some bailout money to the taxpayers who are doing the bailing out? Trump suggests giving each American $2,000, and that’s only a pittance of what taxpayers really deserve. What we deserve is getting it ALL back. That’s right—pay Americans what the IRS and the Federal Reserve have ripped off from them for over 100 years. Congress turned over their mandate of currency creation and regulation over to private, globalist central bankers. They did not have a Constitutional right to do this. The IRS has no right to steal money earned by our labor. There is no ‘windfall profit.’ When one works, it involves an even trade of work for money. There is no ‘profit.’
Shut down the Federal Reserve and get rid of the IRS. Return all the money stolen over the years back to the taxpayers. Have a debt jubilee and reset of our money system. Remove the power from private, Illuminati bankers. Get rid of fractional reserve and their derivative banking.
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:
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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.
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
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