revolutionradio--2020-04-17--Government tyranny is FAR more dangerous than covid-19… we must not slide into socialism or communis

Government tyranny is FAR more dangerous than covid-19… we must not slide into socialism or communism as we attempt to survive the coronavirus

As much as the coronavirus is a very dangerous ( and very real ) bioweapon that was engineered to exterminate human life , there ’ s another danger in our world that has mass murdered over a quarter of a billion people in the 20th century alone .
That force of destruction and death is government tyranny .
In just the 20th century alone , socialist and communist regimes mass murdered 262 million people , according to a detailed analysis conducted at the University of Hawaii .
Spanning the 20th century , governments of China , Germany , Japan , @ @ @ @ @ @ @ , among others , carried out mass murder on a scale never before witnessed in human history .
China alone mass murdered over 76 million of their own people to consolidate power in the hands of communists .
Largely under Stalin , the former Soviet Union mass murdered nearly 62 million people .
Here ’ s the summary from the analysis : Democide has killed far more people than covid-19 , even if you follow the worse-case estimates over time How do such democide government murders compare to covid-19 deaths ?
According to @ @ @ @ @ @ @ Wuhan coronavirus has so far killed 150,000 people ( and growing ) .
Based on the snapshot from April 17th , 2020 , here ’ s how that looks compared to government democide of the 20th century .
( We understand government-run genocide isn ’ t an infectious disease , see below for further notes . )
Even if you take the worst-case projections of covid-19 deaths that might occur over the next two years , the fatalities might reach tens of millions in the extreme , which is still tiny compared to @ @ @ @ @ @ @ been slaughtered by socialist and communist governments in the 20th century alone .
The reason this comparison is valid is because America is rapidly sliding into socialism as the tyranny-minded overlords exploit the coronavirus to transform this nation into a quarantine slave camp .
If protecting ourselves from millions of covid-19 deaths means unleashing radical left-wing tyranny that ends up killing tens of millions of American due to democide , it ’ s hardly a bargain .
While we must take the Wuhan coronavirus seriously , we must not abandon our principles of @ @ @ @ @ @ @ The coronavirus must not be allowed to nullify the Constitution and obliterate our civil liberties .
Speaking of enemies of humanity , guess who ’ s the new communists who are quarantining human conversations , ideas and speech ?
Isn ’ t it interesting that we ’ ve been under a “ speech lockdown ” for four years , but almost nobody protested that .
Big Tech has already demonstrated the kind of prison camp the globalist controllers have in mind for humanity , and it isn ’ t pretty .
If you @ @ @ @ @ @ @ in the 20th century , just wait until Bill Gates teams up with the evil tech tyrants to mass-inoculate billions of people with a “ kill switch ” depopulation vaccine .
By the time the techno-fascists are done with their genocide mission , even the 262 million who were mass slaughtered by socialists and communists will look like a walk in the park .
This entry was posted on Friday , April 17th , 2020 at 3:01 pm and is filed under Government Evil , History .
You can follow any responses to @ @ @ @ @ @ @ .

by: Mike Adams
NaturalNews.com
Friday, April 17, 2020
As much as the coronavirus is a very dangerous (and very real) bioweapon that was engineered to exterminate human life, there’s another danger in our world that has mass murdered over a quarter of a billion people in the 20th century alone. That force of destruction and death is government tyranny.
In just the 20th century alone, socialist and communist regimes mass murdered 262 million people, according to a detailed analysis conducted at the University of Hawaii.
Spanning the 20th century, governments of China, Germany, Japan, Turkey, Vietnam and the Soviet Union, among others, carried out mass murder on a scale never before witnessed in human history. China alone mass murdered over 76 million of their own people to consolidate power in the hands of communists.
Largely under Stalin, the former Soviet Union mass murdered nearly 62 million people. Here’s the summary from the analysis:
Democide has killed far more people than covid-19, even if you follow the worse-case estimates over time
How do such democide government murders compare to covid-19 deaths? According to the nations of the world, the Wuhan coronavirus has so far killed 150,000 people (and growing). Based on the snapshot from April 17th, 2020, here’s how that looks compared to government democide of the 20th century. (We understand government-run genocide isn’t an infectious disease, see below for further notes.)
Even if you take the worst-case projections of covid-19 deaths that might occur over the next two years, the fatalities might reach tens of millions in the extreme, which is still tiny compared to the 262 million human beings who have been slaughtered by socialist and communist governments in the 20th century alone.
The reason this comparison is valid is because America is rapidly sliding into socialism as the tyranny-minded overlords exploit the coronavirus to transform this nation into a quarantine slave camp. If protecting ourselves from millions of covid-19 deaths means unleashing radical left-wing tyranny that ends up killing tens of millions of American due to democide, it’s hardly a bargain.
While we must take the Wuhan coronavirus seriously, we must not abandon our principles of self-governance and liberty in the process. The coronavirus must not be allowed to nullify the Constitution and obliterate our civil liberties.
Speaking of enemies of humanity, guess who’s the new communists who are quarantining human conversations, ideas and speech?
Isn’t it interesting that we’ve been under a “speech lockdown” for four years, but almost nobody protested that. Big Tech has already demonstrated the kind of prison camp the globalist controllers have in mind for humanity, and it isn’t pretty.
If you thought the communists slaughtered too many humans in the 20th century, just wait until Bill Gates teams up with the evil tech tyrants to mass-inoculate billions of people with a “kill switch” depopulation vaccine.
By the time the techno-fascists are done with their genocide mission, even the 262 million who were mass slaughtered by socialists and communists will look like a walk in the park.


revolutionradio--2020-04-17--Navy Reports Alarming ‘Stealth Transmission’ Rate: 60% Of Infected Carrier Crew Symptom-Free

In an extremely worrisome development signaling the coronavirus peak in the United States could last longer than expected , the US Navy has found that most COVID-19 cases aboard the virus-stricken aircraft carrier Theodore Roosevelt are among sailors who are asymptomatic .
“ Sweeping testing of the entire crew of the coronavirus-stricken U.S. aircraft carrier Theodore Roosevelt may have revealed a clue about the pandemic : The majority of the positive cases so far are among sailors who are asymptomatic , officials say , ” Reuters reports .
This suggests the virus could be spreading more frequently by stealth mode @ @ @ @ @ @ @ more people than is known walking around walking around with the disease unawares .
At least 655 Roosevelt sailors have now tested positive , including one death and multiple hospitalizations , out of a total crew of a about 4,800 .
It ’ s startling that the Navy has found that out of over 600 COVID-19 infected sailors , the majority have displayed no symptoms .
Testing is about 95 % complete on the entire crew since the ship was diverted to Guam last month amid a spiraling crisis on board .
“ @ @ @ @ @ @ @ re learning that stealth in the form of asymptomatic transmission is this adversary ’ s secret power , ” Rear Admiral Bruce Gillingham , surgeon general of the Navy , told reporters .
The Navy specified that 60 % of the Roosevelt ’ s positive cases “ so far have not shown symptoms ” .
Crucially , Reuters points out that the “ figure is higher than the 25 % to 50 % range offered on April 5 by Dr. Anthony Fauci ” .
This is likely due the fact that enlisted military @ @ @ @ @ @ @ individuals in their 20 ’ s and early 30 ’ s .
The carrier crew also provides a key active case study given the isolation of nearly 5,000 people apart from broader society , and the young , fit demographic .
Defense Secretary Mark Esper told NBC ’ s Today on Thursday that the conclusions regarding asymptomatic spread aboard the ship conclusions are “ disconcerting ” .
Esper said , “ It has revealed a new dynamic of this virus : that it can be carried by normal , healthy people who have @ @ @ @ @ @ @ it , ” Esper said .
While this is not a new revelation , the case of the Roosevelt carrier and its crew provides shocking and clear confirmation that this reality is likely playing out on a much broader scale than previously thought .
This entry was posted on Friday , April 17th , 2020 at 2:43 pm and is filed under BioWeapon , Health , Pandemic .
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by Tyler Durden
ZeroHedge.com
Fri, 04/17/2020
In an extremely worrisome development signaling the coronavirus peak in the United States could last longer than expected, the US Navy has found that most COVID-19 cases aboard the virus-stricken aircraft carrier Theodore Roosevelt are among sailors who are asymptomatic.
“Sweeping testing of the entire crew of the coronavirus-stricken U.S. aircraft carrier Theodore Roosevelt may have revealed a clue about the pandemic: The majority of the positive cases so far are among sailors who are asymptomatic, officials say,” Reuters reports.
This suggests the virus could be spreading more frequently by stealth mode in the broader population, with many more people than is known walking around walking around with the disease unawares.
At least 655 Roosevelt sailors have now tested positive, including one death and multiple hospitalizations, out of a total crew of a about 4,800. It’s startling that the Navy has found that out of over 600 COVID-19 infected sailors, the majority have displayed no symptoms. Testing is about 95% complete on the entire crew since the ship was diverted to Guam last month amid a spiraling crisis on board.
“With regard to COVID-19, we’re learning that stealth in the form of asymptomatic transmission is this adversary’s secret power,” Rear Admiral Bruce Gillingham, surgeon general of the Navy, told reporters.
The Navy specified that 60% of the Roosevelt’s positive cases “so far have not shown symptoms”. Crucially, Reuters points out that the “figure is higher than the 25% to 50% range offered on April 5 by Dr. Anthony Fauci”.
This is likely due the fact that enlisted military ranks tend to be already very healthy individuals in their 20’s and early 30’s. The carrier crew also provides a key active case study given the isolation of nearly 5,000 people apart from broader society, and the young, fit demographic.
Defense Secretary Mark Esper told NBC’s Today on Thursday that the conclusions regarding asymptomatic spread aboard the ship conclusions are “disconcerting”. Esper said, “It has revealed a new dynamic of this virus: that it can be carried by normal, healthy people who have no idea whatsoever that they are carrying it,” Esper said.
While this is not a new revelation, the case of the Roosevelt carrier and its crew provides shocking and clear confirmation that this reality is likely playing out on a much broader scale than previously thought.


revolutionradio--2020-04-17--Coronavirus is a dream come true for Bill Gates, who lives to vaccinate

In case you haven ’ t noticed , Microsoft co-founder and billionaire “ philanthropist ” Bill Gates is champing at the bit to implement his long-awaited mandatory vaccination agenda .
And what better catalyst for making it happen than the Wuhan coronavirus ( COVID-19 ) crisis ?
Just months after his infamous Event 201 , which was all about a hypothetical pandemic scenario , out pops the Wuhan coronavirus ( COVID-19 ) right on schedule to bring to life Gates ’ fantasy dream of jabbing every person on the planet with one of his “ philanthropic ” vaccines .
And @ @ @ @ @ @ @ but Gates also recently stepped down from the board of Microsoft – just before the Wuhan coronavirus ( COVID-19 ) struck , it ’ s important to note – in order to focus more on his “ philanthropic ” endeavors , which we know from history actually center around his eugenics agenda .
With the Wuhan coronavirus ( COVID-19 ) being a ripe target for exploitation , Gates has already thrown billions of dollars into setting up multiple avenues for developing not just one , but seven , potential vaccines for it .
@ @ @ @ @ @ @ digital certificates ” to prove that a person has been vaccinated , allowing them reentry back into the world economy .
This is in addition to the $ 450 million that Gates contributed to the effort to “ eradicate polio , ” as well as numerous other endeavors he ’ s been a part of over the years that all have one thing in common : mandatory vaccination .
The guy lives to vaccinate , and it ’ s really the only thing he ever seems to talk about .
Sure , he @ @ @ @ @ @ @ – never nutrition , by the way – but vaccines are Gates ’ thing , for which he almost has a bizarre type of fetish .
Be sure to watch The Health Ranger Report below as Mike Adams , the Health Ranger , talks about how globalists like Bill Gates want to turn you and your family into vaccinated cattle who exist and live on a giant tax farm plantation : Bill Gates has killed THOUSANDS of children – why would we trust him with coronavirus ?
The mainstream media is having a @ @ @ @ @ @ @ kind of benevolent humanitarian who only wants to help protect people from deadly disease .
But all it takes is about five minutes of independent research , along with common sense , to realize that this is a farcical notion .
Gates has admitted on numerous occasions that he supports mass depopulation of the planet , and has even admitted that vaccines are part of what ’ s going to make that happen .
Why , then , are some people trusting him to bring to fruition a magical vaccine for the Wuhan @ @ @ @ @ @ @ save people rather than harming or killing them ?
Don ’ t forget that the Bill & Melinda Gates Foundation has spread deadly drugs and vaccines all around the world that , if you actually look at the data , have injured and killed tens of thousands of innocent children whose parents believed the lie that Gates and his cronies were there to help them .
More of the details about all this are available at Children ’ s Health Defense ( CHD ) .
Suffice it to say that Bill and Melinda @ @ @ @ @ @ @ they ’ re being presented as , nor do they have the best interests of you and your family at heart .
By their own admissions , they want to jab you with chemicals , tag you with tracking devices , and ultimately brand you with their mark of the beast , which appears to be the next “ solution ” to the Wuhan coronavirus ( COVID-19 ) .
“ … Gates appears confident that the Covid-19 crisis will now give him the opportunity to force his dictatorial vaccine programs on all American @ @ @ @ @ @ @ CHD .
This entry was posted on Friday , April 17th , 2020 at 2:09 pm and is filed under Communists , Health , New World Order .
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by: Ethan Huff
NaturalNews.com
Friday, April 17, 2020
In case you haven’t noticed, Microsoft co-founder and billionaire “philanthropist” Bill Gates is champing at the bit to implement his long-awaited mandatory vaccination agenda. And what better catalyst for making it happen than the Wuhan coronavirus (COVID-19) crisis?
Just months after his infamous Event 201, which was all about a hypothetical pandemic scenario, out pops the Wuhan coronavirus (COVID-19) right on schedule to bring to life Gates’ fantasy dream of jabbing every person on the planet with one of his “philanthropic” vaccines.
And wouldn’t you know it, but Gates also recently stepped down from the board of Microsoft – just before the Wuhan coronavirus (COVID-19) struck, it’s important to note – in order to focus more on his “philanthropic” endeavors, which we know from history actually center around his eugenics agenda.
With the Wuhan coronavirus (COVID-19) being a ripe target for exploitation, Gates has already thrown billions of dollars into setting up multiple avenues for developing not just one, but seven, potential vaccines for it. He’s also calling for “digital certificates” to prove that a person has been vaccinated, allowing them reentry back into the world economy.
This is in addition to the $450 million that Gates contributed to the effort to “eradicate polio,” as well as numerous other endeavors he’s been a part of over the years that all have one thing in common: mandatory vaccination.
The guy lives to vaccinate, and it’s really the only thing he ever seems to talk about. Sure, he’ll occasionally mention pharmaceuticals as well – never nutrition, by the way – but vaccines are Gates’ thing, for which he almost has a bizarre type of fetish.
Be sure to watch The Health Ranger Report below as Mike Adams, the Health Ranger, talks about how globalists like Bill Gates want to turn you and your family into vaccinated cattle who exist and live on a giant tax farm plantation:
Bill Gates has killed THOUSANDS of children – why would we trust him with coronavirus?
The mainstream media is having a heyday parading Bill Gates around as some kind of benevolent humanitarian who only wants to help protect people from deadly disease. But all it takes is about five minutes of independent research, along with common sense, to realize that this is a farcical notion.
Gates has admitted on numerous occasions that he supports mass depopulation of the planet, and has even admitted that vaccines are part of what’s going to make that happen. Why, then, are some people trusting him to bring to fruition a magical vaccine for the Wuhan coronavirus (COVID-19) that will somehow save people rather than harming or killing them?
Don’t forget that the Bill & Melinda Gates Foundation has spread deadly drugs and vaccines all around the world that, if you actually look at the data, have injured and killed tens of thousands of innocent children whose parents believed the lie that Gates and his cronies were there to help them.
More of the details about all this are available at Children’s Health Defense (CHD).
Suffice it to say that Bill and Melinda Gates aren’t the benevolent humanitarians they’re being presented as, nor do they have the best interests of you and your family at heart. By their own admissions, they want to jab you with chemicals, tag you with tracking devices, and ultimately brand you with their mark of the beast, which appears to be the next “solution” to the Wuhan coronavirus (COVID-19).
“… Gates appears confident that the Covid-19 crisis will now give him the opportunity to force his dictatorial vaccine programs on all American children – and adults,” warns CHD.


revolutionradio--2020-04-17--Facebook “fact checker” EXPOSED as communist liar who worked at Wuhan biolab where coronavirus may h

Facebook “fact checker” EXPOSED as communist liar who worked at Wuhan biolab where coronavirus may have escaped

A “ doctor ” who was hired on by Facebook to “ fact check ” content about the Wuhan coronavirus ( COVID-19 ) has been outed as a disinformation shill who used to work at the Wuhan Institute of Virology in communist China .
Danielle Anderson , who currently works at Duke University ‘ s NUS Medical School lab in Singapore , has already “ debunked ” numerous articles posted to Facebook that suggest the Wuhan coronavirus ( COVID-19 ) may have leaked from the Wuhan lab where we now know she used to test coronavirus on bats .
A @ @ @ @ @ @ @ Anderson ’ s job as a Facebook fact checker involves slapping “ false information ” designations on any and all content that links the Wuhan coronavirus ( COVID-19 ) to the Wuhan Institute of Virology .
Anderson has also been exposed for engaging in no fewer than nine collaborations with Dr. Peng Zhou , who ’ s also a fellow scientist from the Wuhan Institute of Virology and who also experimented with coronavirus and bats .
Though you ’ re not allowed to talk about any of this on social media – even @ @ @ @ @ @ @ to a suspension or ban – word is spreading throughout the independent media that Facebook is paying communist liars and Chinese sympathizers to censor truth and spread lies on social media .
“ If you follow the info , you will find the Facebook fake fact-checker on the China Wuhan lab is a scientist who works/worked at China ’ s Wuhan lab the past two years and says it is impossible that they would be sloppy because they are very careful !
” tweeted investigative reporter Sharyl Attkisson about Anderson ’ s deep @ @ @ @ @ @ @ below to The Health Ranger Report as Mike Adams , the Health Ranger , asks the question : Has President Trump secretly declared a state of war over the Wuhan coronavirus ( COVID-19 ) ?
Facebook “ fact checking ” simply means steering the narrative one direction or another Apparently the only requirement for being a “ fact checker ” at Facebook is to be willing to say and do whatever Facebook wants you to say and do .
In Anderson ’ s case , this means claiming that the Wuhan lab was @ @ @ @ @ @ @ without having to present a shred of evidence .
In response to an article published by the New York Post claiming that “ China [ is having ] a problem keeping dangerous pathogens in test tubes where they belong , ” Anderson wrote that because she worked at the Wuhan lab for two years , she ’ s somehow qualified to “ personally attest to the strict control and containment measures implemented while working there.
” Anderson also denies the claim that “ evidence points to SARS-CoV-2 ( COVID-19 ) research being carried @ @ @ @ @ @ @ ” Even though The Wall Street Journal , the Daily Mail , and Fox News are all now reporting that Wuhan coronavirus ( COVID-19 ) testing was , in fact , taking place at the Wuhan lab , Anderson says it wasn ’ t .
And this is apparently more than enough “ evidence ” for Facebook , which wants that narrative obliterated .
As it turns out , the Wuhan coronavirus ( COVID-19 ) is genetically identical to a coronavirus that was found in a horseshoe bat “ collected by hazmat-clad scientists @ @ @ @ @ @ @ , ” according to the Journal .
Fox also reported that “ patient zero ” in the current pandemic was an employee at the Wuhan lab who became infected and spread the virus throughout the local community .
“ Just when you think Facebook , Zuckerberg , etc .
couldn ’ t be any more bizarre or stupid they prove you wrong , ” wrote one Zero Hedge commenter .
“ They live in their own alternate reality .
Of course they could be just bought off by the Chinese – good old-fashioned @ @ @ @ @ @ @ Friday , April 17th , 2020 at 1:52 pm and is filed under BioWeapon , China , Communists , Conspiracy , Corruption , Media Lies , New World Order , Pandemic .
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by: Ethan Huff
NaturalNews.com
Friday, April 17, 2020
A “doctor” who was hired on by Facebook to “fact check” content about the Wuhan coronavirus (COVID-19) has been outed as a disinformation shill who used to work at the Wuhan Institute of Virology in communist China.
Danielle Anderson, who currently works at Duke University‘s NUS Medical School lab in Singapore, has already “debunked” numerous articles posted to Facebook that suggest the Wuhan coronavirus (COVID-19) may have leaked from the Wuhan lab where we now know she used to test coronavirus on bats.
A contributor to “Science Feedback,” Anderson’s job as a Facebook fact checker involves slapping “false information” designations on any and all content that links the Wuhan coronavirus (COVID-19) to the Wuhan Institute of Virology. Anderson has also been exposed for engaging in no fewer than nine collaborations with Dr. Peng Zhou, who’s also a fellow scientist from the Wuhan Institute of Virology and who also experimented with coronavirus and bats.
Though you’re not allowed to talk about any of this on social media – even mentioning Peng Zhou on Twitter could lead to a suspension or ban – word is spreading throughout the independent media that Facebook is paying communist liars and Chinese sympathizers to censor truth and spread lies on social media.
“If you follow the info, you will find the Facebook fake fact-checker on the China Wuhan lab is a scientist who works/worked at China’s Wuhan lab the past two years and says it is impossible that they would be sloppy because they are very careful!” tweeted investigative reporter Sharyl Attkisson about Anderson’s deep state connections.
Be sure to listen below to The Health Ranger Report as Mike Adams, the Health Ranger, asks the question: Has President Trump secretly declared a state of war over the Wuhan coronavirus (COVID-19)?
Facebook “fact checking” simply means steering the narrative one direction or another
Apparently the only requirement for being a “fact checker” at Facebook is to be willing to say and do whatever Facebook wants you to say and do. In Anderson’s case, this means claiming that the Wuhan lab was perfectly safe and 100 percent contained, without having to present a shred of evidence.
In response to an article published by the New York Post claiming that “China [is having] a problem keeping dangerous pathogens in test tubes where they belong,” Anderson wrote that because she worked at the Wuhan lab for two years, she’s somehow qualified to “personally attest to the strict control and containment measures implemented while working there.”
Anderson also denies the claim that “evidence points to SARS-CoV-2 (COVID-19) research being carried out at the Wuhan Institute of Virology.”
Even though The Wall Street Journal, the Daily Mail, and Fox News are all now reporting that Wuhan coronavirus (COVID-19) testing was, in fact, taking place at the Wuhan lab, Anderson says it wasn’t. And this is apparently more than enough “evidence” for Facebook, which wants that narrative obliterated.
As it turns out, the Wuhan coronavirus (COVID-19) is genetically identical to a coronavirus that was found in a horseshoe bat “collected by hazmat-clad scientists from the Institute of Virology in Wuhan,” according to the Journal. Fox also reported that “patient zero” in the current pandemic was an employee at the Wuhan lab who became infected and spread the virus throughout the local community.
“Just when you think Facebook, Zuckerberg, etc. couldn’t be any more bizarre or stupid they prove you wrong,” wrote one Zero Hedge commenter. “They live in their own alternate reality. Of course they could be just bought off by the Chinese – good old-fashioned greed.”


revolutionradio--2020-04-17--Trump Tweets “Liberate Michigan” As Gov Says Reopening Could Start May 1

Update ( 1125ET ) : President Trump was so excited about Gov Whitmer ’ s order , you ’ d think the White House was in Detroit .
He also tweeted ‘ Liberate Minnesota ’ as the state ’ s low numbers have made its reopening the subject of a national conversation .
After pulling off a political miracle in handing responsibility for the reopening over to the governors – making them responsible for any failings while still allowing Trump to take credit for any wins – Trump is now sabotaging himself by appearing to meddle once again in the @ @ @ @ @ @ @ has passed since President Trump officially delegated responsibility for reopening their economies to the states , and to our surprise , it appears the first governor to start pushing for a May 1 target to begin reopening is Michigan ’ s Gretchen Whitmer .
Michigan has reported a sudden acceleration in deaths in recent days partially thanks to a wave of outbreaks at nursing homes in the state .
Michigan also joined a group of 7 Midwestern states which announced yesterday a plan to start a coordinated reopening on May 15 .
Earlier @ @ @ @ @ @ @ swarmed the Michigan capital in Lansing , demanding that Whitmer , who has clashed with Trump earlier in the US outbreak , move to reopen the state ASAP .
Here ’ s what the state ’ s “ curve ” currently looks like : Whitmer ’ s decision is such a surprise , that this Democratic pollster tweeted data purporting to show that the state ’ s residents “ agreed ” with Whitmer ’ s decision to hold off on reopening .
But it looks like people who actually live in the state @ @ @ @ @ @ @ stay at home order being eased in 13 days .
And instead of announcing this new plan in an official release , she said it during an interview on ABC ’ s “ Good Morning America.
” Michigan Gov .
Gretchen Whitmer said Friday that she hopes to be in a position to ease her state ’ s strict stay-at-home order by May 1 , although she warned that it must be a decision based on scientific data to prevent a second wave of the coronavirus .
“ I do hope to have @ @ @ @ @ @ @ it ’ s two weeks away and the information and the data and our ability to test is changing so rapidly , it ’ s hard to tell you precisely where we ’ ll be in a week from now , much less two , ” Whitmer said in an interview on ABC ’ s “ Good Morning America.
” No matter what happens , Whitmer said the social distancing guidelines will be with us for the foreseeable future , and people need to remember : “ It ’ s better to be @ @ @ @ @ @ @ ” And while she is the first governor to talk dates since Trump released his guidelines last night , as we noted yesterday , a handful of governors have already discussed plans that would use May 1 as the start date , including the governors of Ohio and North Dakota .
This entry was posted on Friday , April 17th , 2020 at 1:38 pm and is filed under BioWeapon , For Freedom , Health , Pandemic .
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by Tyler Durden
ZeroHedge.com
Fri, 04/17/2020
Update (1125ET): President Trump was so excited about Gov Whitmer’s order, you’d think the White House was in Detroit.
LIBERATE MICHIGAN! — Donald J. Trump (@realDonaldTrump) April 17, 2020
He also tweeted ‘Liberate Minnesota’ as the state’s low numbers have made its reopening the subject of a national conversation.
LIBERATE MINNESOTA! — Donald J. Trump (@realDonaldTrump) April 17, 2020
After pulling off a political miracle in handing responsibility for the reopening over to the governors – making them responsible for any failings while still allowing Trump to take credit for any wins – Trump is now sabotaging himself by appearing to meddle once again in the process.
* * *
Less than one full day has passed since President Trump officially delegated responsibility for reopening their economies to the states, and to our surprise, it appears the first governor to start pushing for a May 1 target to begin reopening is Michigan’s Gretchen Whitmer.
Michigan has reported a sudden acceleration in deaths in recent days partially thanks to a wave of outbreaks at nursing homes in the state. Michigan also joined a group of 7 Midwestern states which announced yesterday a plan to start a coordinated reopening on May 15.
Earlier this week, a group of protesters swarmed the Michigan capital in Lansing, demanding that Whitmer, who has clashed with Trump earlier in the US outbreak, move to reopen the state ASAP.
Here’s what the state’s “curve” currently looks like:
Whitmer’s decision is such a surprise, that this Democratic pollster tweeted data purporting to show that the state’s residents “agreed” with Whitmer’s decision to hold off on reopening.
I think what the media is missing here is MI residents are with @govwhitmer here. She not only has a 71% job rating but over 60% of voters feel the worse is yet to come and a majority worry that social distancing will end too soon. Real people get it https://t.co/xi199BJIfs — John Anzalone (@JohnAnzo) April 17, 2020
But it looks like people who actually live in the state are just excited by prospect of the stay at home order being eased in 13 days.
GOOD NEWS: Gov. Whitmer is hoping to start relaxing #coronavirus restrictions in 13 day! https://t.co/NMT1myQV4j — ABC12WJRT (@ABC12WJRT) April 17, 2020
And instead of announcing this new plan in an official release, she said it during an interview on ABC’s “Good Morning America.”
Michigan Gov. Gretchen Whitmer said Friday that she hopes to be in a position to ease her state’s strict stay-at-home order by May 1, although she warned that it must be a decision based on scientific data to prevent a second wave of the coronavirus. “I do hope to have some relaxing come May 1, but it’s two weeks away and the information and the data and our ability to test is changing so rapidly, it’s hard to tell you precisely where we’ll be in a week from now, much less two,” Whitmer said in an interview on ABC’s “Good Morning America.”
Watch the clip below:
No matter what happens, Whitmer said the social distancing guidelines will be with us for the foreseeable future, and people need to remember: “It’s better to be six feet apart than six feet under.”
And while she is the first governor to talk dates since Trump released his guidelines last night, as we noted yesterday, a handful of governors have already discussed plans that would use May 1 as the start date, including the governors of Ohio and North Dakota.
I am an optimist and am confident that Ohioans will also live up to the challenge of doing things differently as we open back up beginning on May 1st. — Governor Mike DeWine (@GovMikeDeWine) April 16, 2020


revolutionradio--2020-04-17--EXPOSED: LIES, CORRUPTION, & PAY TO KEEP THE PUBLIC IN A FEAR-INDUCED PANIC FOR ULTIMATE CONTROL

The ruling class and elitists of the planet are lying to our faces !
Even by their own numbers , this COVID-19 pandemic doesn ’ t qualify for the massive response .
Hospitals have now exposed that the government is paying them more to put patients on ventilators , whether they need it or not .
This has become a controlling scam-demic .
Anyone with the smallest ability to read even mainstream media ’ s reports of the statistics should have known that the powers that shouldn ’ t be are trying their hardest to induce fear to take ultimate @ @ @ @ @ @ @ have spoken up about how the government demanded they bump up the number of deaths by mislabeling death certificates , and more continue to speak out .
Dr. Scott Jensen was one of the first to speak out .
In addition to saying the government is encouraging hospitals to record all deaths as COVID-19 deaths , he says they are also paying hospitals to overexaggerate the entire outbreak .
“ Right now Medicare is determining that if you have a COVID-19 admission to the hospital you get $ 13,000 .
If that COVID-19 @ @ @ @ @ @ @ $ 39,000 , three times as much .
Nobody can tell me after 35 years in the world of medicine that sometimes those kinds of things impact on what we do.
” This entry was posted on Friday , April 17th , 2020 at 1:29 pm and is filed under BioWeapon , Government Evil , Media Lies , New World Order .
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Mac Slavo
April 16th, 2020
SHTFplan.com
The ruling class and elitists of the planet are lying to our faces! Even by their own numbers, this COVID-19 pandemic doesn’t qualify for the massive response. Hospitals have now exposed that the government is paying them more to put patients on ventilators, whether they need it or not.
This has become a controlling scam-demic. Anyone with the smallest ability to read even mainstream media’s reports of the statistics should have known that the powers that shouldn’t be are trying their hardest to induce fear to take ultimate control over our lives. Several doctors have spoken up about how the government demanded they bump up the number of deaths by mislabeling death certificates, and more continue to speak out.
Dr. Scott Jensen was one of the first to speak out. In addition to saying the government is encouraging hospitals to record all deaths as COVID-19 deaths, he says they are also paying hospitals to overexaggerate the entire outbreak.
“Right now Medicare is determining that if you have a COVID-19 admission to the hospital you get $13,000. If that COVID-19 patient goes on a ventilator you get $39,000, three times as much. Nobody can tell me after 35 years in the world of medicine that sometimes those kinds of things impact on what we do.”
This is absolutely bone-chilling.
The Rest…HERE


revolutionradio--2020-04-17--Dr. Phil joins stampede of morons on Fox News who spew misleading nonsense about the coronavirus pan

Dr. Phil joins stampede of morons on Fox News who spew misleading nonsense about the coronavirus pandemic, essentially claiming it’s all a hoax

With hosts like Laura Ingraham and Sean Hannity — neither of whom seems to have a clue about infectious disease — Fox News has become a stampede of morons who embarrass themselves almost daily with Idiocracy-class nonsense that tries to claim the coronavirus is no big deal .
The latest idiot to join the stampede is Dr. Phil McGraw .
He joined Laura Ingraham on Fox News last night , unleashing what Mediaite called , “ a wild ride of illogic , misinformation , and just plain stupidity.
” We hereby declare Dr. Phil is inducted into the “ stupid-19 @ @ @ @ @ @ @ illiteracy and horrible misinformation .
During the segment , Dr. Phil claimed no coronavirus lockdown was necessary , claiming that 360,000 Americans die every year in “ swimming pool deaths.
” According to the CDC , around 3,500 people die from accidental drowning in the United States each year .
That ’ s about 10 deaths per day .
Just three days ago in America , the coronavirus killed over 2,400 people , or more than 20 times the number who died from accidental drowning .
See this chart for clarity : Dr. @ @ @ @ @ @ @ t shut the country down ” for drowning deaths .
Somebody please tell Dr. Phil that drowning to death is not an infectious disease .
Scientifically illiterate people keep comparing covid-19 deaths to things that aren ’ t infectious disease in order to claim the covid-19 deaths aren ’ t that large This has been a point that seemingly no conservatives are able to understand , as they keep comparing covid-19 with abortions , obesity , heart attacks , car crashes and other causes of deaths that aren ’ t transmitted from one @ @ @ @ @ @ @ and myself have been the two most prominent voices calling out the scientific illiteracy of conservative talking heads who seem to be suffering from some kind of shared brain-eating amoeba that has consumed the number-crunching circuits inside their skulls .
“ Two hundred and fifty people a year die from poverty , ” Dr. Phil ( McGraw ) told Ingraham , raising eyebrows about where he ’ s getting such numbers , given that poverty is actually associated with hundreds of thousands of deaths per year , yet isn ’ t a transmissible @ @ @ @ @ @ @ on both the numbers and the category of the condition .
Dr. Phil went on to claim that automobile accidents kill 45,000 people a year in the United States , once again failing to understand why lockdowns help control an infectious disease but aren ’ t a necessary strategy for non-infectious accidents and other causes of accidental death .
It was like a scene ripped right out of Idiocracy .
This entry was posted on Friday , April 17th , 2020 at 1:22 pm and is filed under BioWeapon , Health , Media @ @ @ @ @ @ @ .
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by: Mike Adams
NaturalNews.com
Friday, April 17, 2020
With hosts like Laura Ingraham and Sean Hannity — neither of whom seems to have a clue about infectious disease — Fox News has become a stampede of morons who embarrass themselves almost daily with Idiocracy-class nonsense that tries to claim the coronavirus is no big deal. The latest idiot to join the stampede is Dr. Phil McGraw. He joined Laura Ingraham on Fox News last night, unleashing what Mediaite called, “a wild ride of illogic, misinformation, and just plain stupidity.”
We hereby declare Dr. Phil is inducted into the “stupid-19” Hall of Shame for his science illiteracy and horrible misinformation.
During the segment, Dr. Phil claimed no coronavirus lockdown was necessary, claiming that 360,000 Americans die every year in “swimming pool deaths.”
According to the CDC, around 3,500 people die from accidental drowning in the United States each year. That’s about 10 deaths per day.
Just three days ago in America, the coronavirus killed over 2,400 people, or more than 20 times the number who died from accidental drowning. See this chart for clarity:
Dr. Phil then declared “we don’t shut the country down” for drowning deaths.
Somebody please tell Dr. Phil that drowning to death is not an infectious disease.
Scientifically illiterate people keep comparing covid-19 deaths to things that aren’t infectious disease in order to claim the covid-19 deaths aren’t that large
This has been a point that seemingly no conservatives are able to understand, as they keep comparing covid-19 with abortions, obesity, heart attacks, car crashes and other causes of deaths that aren’t transmitted from one person to another. Both Michael Savage and myself have been the two most prominent voices calling out the scientific illiteracy of conservative talking heads who seem to be suffering from some kind of shared brain-eating amoeba that has consumed the number-crunching circuits inside their skulls.
“Two hundred and fifty people a year die from poverty,” Dr. Phil (McGraw) told Ingraham, raising eyebrows about where he’s getting such numbers, given that poverty is actually associated with hundreds of thousands of deaths per year, yet isn’t a transmissible disease. So Dr. Phil is wrong on both the numbers and the category of the condition.
Dr. Phil went on to claim that automobile accidents kill 45,000 people a year in the United States, once again failing to understand why lockdowns help control an infectious disease but aren’t a necessary strategy for non-infectious accidents and other causes of accidental death.
It was like a scene ripped right out of Idiocracy.
The Rest…HERE


revolutionradio--2020-04-17--California continues to reward lawlessness with taxpayer-funded coronavirus gift of $125 million to

California continues to reward lawlessness with taxpayer-funded coronavirus gift of $125 million to illegal immigrants

Democrats in California continue to flout laws making it illegal to sneak into the United States by rewarding such lawlessness with benefits paid for by citizens .
The latest gift to illegal immigrants is a $ 125 million Wuhan coronavirus ‘ bonus , ’ most of which will be paid for by the state ’ s taxpayers .
On Wednesday , Gov .
Gavin Newsom announced the program , stating that $ 75 million would come from state funds while the other $ 50 million would be donated by corporations and philanthropists .
In all , about 150,000 illegal aliens @ @ @ @ @ @ @ 500 each .
Fox News reported : California has had an estimated 2 million immigrants living in the country illegally .
They have not been eligible for the $ 2.2 trillion stimulus package approved by Congress last month , which pledged cash payments to most Americans while boosting unemployment benefits by $ 600 per week .
“ We feel a deep sense of gratitude for people that are in fear of deportations that are still addressing essential needs of tens of millions of Californians , ” Newsom said , noting that at least @ @ @ @ @ @ @ consists of people who are in America illegally .
And while he also said they pay some $ 2.5 billion a year in state and local taxes , that ’ s the least they can do given that they didn ’ t have to go through any process to come into the country legally , like hundreds of thousands of other immigrants do every year .
The network reported that a group of charities has only coughed up about $ 5.5 million of the $ 50 million that is supposed to come from @ @ @ @ @ @ @ Emerson Collective , Blue Shield of California Foundation , the California Endowment , the James Irvine Foundation , the Chan Zuckerberg Initiative and an anonymous donor.
” Why do Democrats in California pander to and attract homeless and illegal aliens ?
This entry was posted on Friday , April 17th , 2020 at 1:11 pm and is filed under Communists , Conspiracy , Corruption , Economics , Government Evil , New World Order , North American Union .
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by: JD Heyes
NaturalNews.com
Friday, April 17, 2020
Democrats in California continue to flout laws making it illegal to sneak into the United States by rewarding such lawlessness with benefits paid for by citizens.
The latest gift to illegal immigrants is a $125 million Wuhan coronavirus ‘bonus,’ most of which will be paid for by the state’s taxpayers.
On Wednesday, Gov. Gavin Newsom announced the program, stating that $75 million would come from state funds while the other $50 million would be donated by corporations and philanthropists. In all, about 150,000 illegal aliens living in the state will receive $500 each.
Fox News reported:
California has had an estimated 2 million immigrants living in the country illegally. They have not been eligible for the $2.2 trillion stimulus package approved by Congress last month, which pledged cash payments to most Americans while boosting unemployment benefits by $600 per week.
“We feel a deep sense of gratitude for people that are in fear of deportations that are still addressing essential needs of tens of millions of Californians,” Newsom said, noting that at least 10 percent of California’s workforce consists of people who are in America illegally.
And while he also said they pay some $2.5 billion a year in state and local taxes, that’s the least they can do given that they didn’t have to go through any process to come into the country legally, like hundreds of thousands of other immigrants do every year.
The network reported that a group of charities has only coughed up about $5.5 million of the $50 million that is supposed to come from people other than taxpayers “including the Emerson Collective, Blue Shield of California Foundation, the California Endowment, the James Irvine Foundation, the Chan Zuckerberg Initiative and an anonymous donor.”
Why do Democrats in California pander to and attract homeless and illegal aliens?
The Rest…HERE


revolutionradio--2020-04-17--President Trump Slams Nancy Pelosi After She Delays Critical Relief to Small Business Owners and Ame

President Trump Slams Nancy Pelosi After She Delays Critical Relief to Small Business Owners and American Workers — FOR THE SECOND TIME

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke .
As of Thursday Speaker Pelosi would not approve more funding for small business .
Last week , Democrats blocked the $ 250 billion replenishment of the Paycheck Protection Program prompting Pelosi to partake in a parade praising partisan Democrats for blocking the program .
And today the Small Business Association announced they officially ran out of money for their loan program to America ’ s small businesses .
On @ @ @ @ @ @ @ went unprocessed because Democrats Pelosi and Senator Chuck Schumer would not approve more funding .
Rep. Jim Jordan announced on Thursday that Democrats will not pass legislation to save small businesses until they get their legislation that would give money to states that let criminals out of prison .
This is the second time in a month that Speaker Pelosi has delayed assistance to American workers and business owners .
In March House Speaker Nancy Pelosi ( D-CA ) delayed the vote on the Senate ’ s Coronavirus stimulus package hoping that Democrats @ @ @ @ @ @ @ with their pet projects .
On Friday President Trump slammed Democrat Nancy Pelosi for delaying critical relief to American workers and small business owners .
This entry was posted on Friday , April 17th , 2020 at 1:02 pm and is filed under Communists , Conspiracy , Corruption , Economics , Government Evil .
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By Jim Hoft
TheGatewayPundit.com
April 17, 2020
Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke.
As of Thursday Speaker Pelosi would not approve more funding for small business.
Last week, Democrats blocked the $250 billion replenishment of the Paycheck Protection Program prompting Pelosi to partake in a parade praising partisan Democrats for blocking the program.
And today the Small Business Association announced they officially ran out of money for their loan program to America’s small businesses.
On Thursday at least 20,000 small business loans went unprocessed because Democrats Pelosi and Senator Chuck Schumer would not approve more funding.
In the last 4 hours, over 20,000 #PPPloans went unprocessed because @SpeakerPelosi & @SenSchumer are blocking more funding. We are fighting to save jobs & small businesses. What have they fought for? … Prohibiting states from requiring an ID to vote. https://t.co/jWyJCpqry0 — Rep. Mike Johnson (@RepMikeJohnson) April 16, 2020
Rep. Jim Jordan announced on Thursday that Democrats will not pass legislation to save small businesses until they get their legislation that would give money to states that let criminals out of prison.
Rep. Jim Jordan (@Jim_Jordan) announced that Democrats are considering coronavirus legislation that would give money to states that let criminals out of prison. Read more here:https://t.co/WpzWiKEysx — Henry Rodgers (@henryrodgersdc) April 16, 2020
This is the second time in a month that Speaker Pelosi has delayed assistance to American workers and business owners.
In March House Speaker Nancy Pelosi (D-CA) delayed the vote on the Senate’s Coronavirus stimulus package hoping that Democrats were able to to load the bill with their pet projects.
On Friday President Trump slammed Democrat Nancy Pelosi for delaying critical relief to American workers and small business owners.
Today people started losing their jobs because of Crazy Nancy Pelosi, Cryin’ Chuck Schumer, and the Radical Left, Do Nothing Democrats, who should immediately come back to Washington and approve legislation to help families in America. End your ENDLESS VACATION! — Donald J. Trump (@realDonaldTrump) April 17, 2020


revolutionradio--2020-04-17--DISASTER: 2.9 Million Americans Already Delinquent on Home Loans Thanks to Fauci Lockdown – Open The

DISASTER: 2.9 Million Americans Already Delinquent on Home Loans Thanks to Fauci Lockdown – Open The Economy!

You can ’ t shut down the world ’ s largest economy for a month and not expect repercussions .
On March 15 , 2020 , Dr Anthony Fauci told Jon Karl on ABC that the US could expect up to 21 million coronavirus hospitalizations and up to 1.7 million coronavirus deaths in the US .
That was ONE MONTH AGO !
And Dr. Fauci admitted this week that he and Dr. Birx sat with President Trump last month and urged him to lockdown and crush the US economy based on their flawed predictions .
At that time NOT A @ @ @ @ @ @ @ yet they were pushing the wildly outlandish claim that the US could expect 1.7 million deaths !
Of course , they were using the garbage models from the IHME .
Now a month later the US reached its peak in coronavirus deaths and the total so far is 34,700 deaths in the US or less deaths than a typical seasonal flu virus .
In the meantime the economic shutdown has already shattered the economy .
2.9 million Americans are already delinquet on their home loans .
This number will continue to climb .
@ @ @ @ @ @ @ by doctors and so-called experts pushing ridiculous numbers to the public .
J. P. Morgan already increased its standards for new home loans by implementing credit scores above 700 and 20 % down payment to purchase a home !
This entry was posted on Friday , April 17th , 2020 at 12:56 pm and is filed under BioWeapon , Communists , Conspiracy , Corruption , Economics , God Help Us , Government Evil , Health , Pandemic .
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By Jim Hoft
TheGatewayPundit.com
April 17, 2020
You can’t shut down the world’s largest economy for a month and not expect repercussions.
On March 15, 2020, Dr Anthony Fauci told Jon Karl on ABC that the US could expect up to 21 million coronavirus hospitalizations and up to 1.7 million coronavirus deaths in the US.
That was ONE MONTH AGO!
Dr. Anthony Fauci tells @jonkarl that although the “worst case scenario” of death estimates in the U.S. due to coronavirus is “possible,” it is “unlikely if we do the kinds of things that we’re essentially outlining right now.” https://t.co/YJ2h02tqtA pic.twitter.com/ucwexdMfDj — This Week (@ThisWeekABC) March 15, 2020
And Dr. Fauci admitted this week that he and Dr. Birx sat with President Trump last month and urged him to lockdown and crush the US economy based on their flawed predictions.
At that time NOT A SINGLE COUNTRY had coronavirus deaths over 10,000 yet they were pushing the wildly outlandish claim that the US could expect 1.7 million deaths!
Of course, they were using the garbage models from the IHME.
Now a month later the US reached its peak in coronavirus deaths and the total so far is 34,700 deaths in the US or less deaths than a typical seasonal flu virus.
In the meantime the economic shutdown has already shattered the economy.
2.9 million Americans are already delinquet on their home loans.
This number will continue to climb.
This is a national disaster created entirely by doctors and so-called experts pushing ridiculous numbers to the public.
GOD HELP US: More Than 2.9 Million Homeowners Already in COVID-19-Related Forbearance Plans According to Black Knight’s McDash Flash Data Set, Represents 5.5% of All Mortgages https://t.co/fSJwwXNvsH — Jim Hoft (@gatewaypundit) April 17, 2020
J. P. Morgan already increased its standards for new home loans by implementing credit scores above 700 and 20% down payment to purchase a home!
.@jpmorgan tightened up its borrowing standards for mortgages as the housing market faces as many as 2 million new #mortgage delinquencies, according to @Black_KnightInc's Andy Walden. He digs into the mortgage mess with @KellyCNBC on @CNBC. pic.twitter.com/RWYU83sjwX — The Exchange (@CNBCTheExchange) April 14, 2020


revolutionradio--2020-04-19--Los Angeles County Suffers Deadliest Day Yet As COVID-19 Kills 81: Live Updates

Spain death toll tops 20k , joining US & Italy Report claims 7,500 died uncounted in UK nursing homes US total cases passes 700k , deaths near 40k NYPost claims nursing home deaths in NY went uncounted South Africa reports largest daily increase so far LA reports record jump in deaths Spain extends lockdown by 2 weeks Saudi Arabia reports record new cases for 4th day in a row Cali releases data on nursing home outbreaks NJ Gov : “ we ’ re flattening the curve ” Sweden reports 606 new cases Belgium reports 1,000+ cases Cali reports latest update @ @ @ @ @ @ @ NYS Japan case total passes 10k Italy reports drop in new cases , deaths , hospitalizations Phoenix TV station warns of undercounting of deaths Dr. Fauci says tests ‘ aren ’ t everything ’ when reopening states Iran death toll crosses 5k as country ’ s reopening begins UK reports another ~900 deaths * * * Update ( 1910ET ) : No sooner did we highlight the rash of new deaths and cases reported in California nursing homes than LA County revealed that it suffered its deadliest streak yet during the last 24 @ @ @ @ @ @ @ with a huge jump in cases ( 642 ) .
That brings the total to 576 deaths and 12,021 cases .
In a statement , Dr. Barbara Ferrer , the director of the Department of Public Health , specifically cited nursing homes as a source of particular concern for county health officials .
“ Today marks a very sad milestone for our county , we are reporting the highest number of COVID-19 deaths for any one day since the beginning of the pandemic , and our deepest condolences go out to each and @ @ @ @ @ @ @ loved ones , ” she said in a statement .
She also pointed out that the number of deaths in the county have doubled in a week , a trend that has been seen in other hot spots around the country .
“ In this last week we have doubled the number of deaths that occurred among L.A. County residents , ” she said .
“ We are especially concerned about the overwhelming number of residents residing in our nursing homes who have passed away.
” Ferrer noted that she ’ s requested @ @ @ @ @ @ @ governments to ensure that nursing homes are as safe as possible for residents and employees .
“ This includes asking for supplementary staffing and PPE , increased ability to test residents and employees , and improvements in infection control capacity at nursing homes , ” she explained .
Of the total 576 deaths , 89 % had underlying health conditions , Ferrer said .
Information about race and ethnicity was available for 498 victims or about 93 % .
Of the deceased , 36 % were Latinx residents , 29 % were white @ @ @ @ @ @ @ % were African American , and 3 % identified as other races .
Outside of the US and Europe , South Africa reported 251 new COVID-19 infections , its largest single-day jump yet , bringing its total to 3,034 cases .
Slowly but surely , the virus is spreading across Africa .
Update ( 1600ET ) : California reported 87 new deaths , bringing its statewide total to 1,072 .
California has confirmed 28,963 cases of COVID-19 , Newsom said .
Of those , 3,221 of those cases are in our hospitals , @ @ @ @ @ @ @ .
Meanwhile , as the issue of outbreaks in nursing homes and the lack of transparency and accountability becomes an international issue , the LAT reported earlier on Saturday that the Department of Health for the state of California has released new numbers on nursing home outbreaks , mirroring a move earlier by the State of New York .
More than 30 % of patients who died in LA County were residents of assisted-care facilities , while more than 70 % of deaths in Long Beach were nursing home residents .
The California @ @ @ @ @ @ @ skilled-nursing facilities across the state with more than 3,000 positive cases among residents and staff .
However , the “ snapshot ” only included 86 % of the state ’ s 1,224 skilled-nursing facilities that have reported data within the last 24 hours .
One of the worst-hit homes was Brier Oak on Sunset in LA , where 80 residents and 62 staff members have tested positive .
The Country Villa South Convalescent Center in Palms has had 58 patients and 15 staff infected , while the Garden Crest Rehabilitation Center in Silver @ @ @ @ @ @ @ and staff .
Earlier , we noted today ’ s giant jump in Singapore ’ s case total illustrating how ridiculous the idea of reopening the economy seems right now .
This entry was posted on Saturday , April 18th , 2020 at 8:39 pm and is filed under BioWeapon , God Help Us , Health , Pandemic , World Politics .
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by Tyler Durden
ZeroHedge.com
Sat, 04/18/2020
Summary:
Spain death toll tops 20k, joining US & Italy
Report claims 7,500 died uncounted in UK nursing homes
US total cases passes 700k, deaths near 40k
NYPost claims nursing home deaths in NY went uncounted
South Africa reports largest daily increase so far
LA reports record jump in deaths
Spain extends lockdown by 2 weeks
Saudi Arabia reports record new cases for 4th day in a row
Cali releases data on nursing home outbreaks
NJ Gov: “we’re flattening the curve”
Sweden reports 606 new cases
Belgium reports 1,000+ cases
Cali reports latest update
Cuomo reports fewer than 500 deaths in NYS
Japan case total passes 10k
Italy reports drop in new cases, deaths, hospitalizations
Phoenix TV station warns of undercounting of deaths
Dr. Fauci says tests ‘aren’t everything’ when reopening states
Iran death toll crosses 5k as country’s reopening begins
UK reports another ~900 deaths
* * *
Update (1910ET): No sooner did we highlight the rash of new deaths and cases reported in California nursing homes than LA County revealed that it suffered its deadliest streak yet during the last 24 hours, reporting 81 deaths, along with a huge jump in cases (642).
That brings the total to 576 deaths and 12,021 cases.
In a statement, Dr. Barbara Ferrer, the director of the Department of Public Health, specifically cited nursing homes as a source of particular concern for county health officials.
“Today marks a very sad milestone for our county, we are reporting the highest number of COVID-19 deaths for any one day since the beginning of the pandemic, and our deepest condolences go out to each and every person grieving the loss of their loved ones,” she said in a statement.
She also pointed out that the number of deaths in the county have doubled in a week, a trend that has been seen in other hot spots around the country.
“In this last week we have doubled the number of deaths that occurred among L.A. County residents,” she said. “We are especially concerned about the overwhelming number of residents residing in our nursing homes who have passed away.”
Ferrer noted that she’s requested additional support from the state and federal governments to ensure that nursing homes are as safe as possible for residents and employees.
“This includes asking for supplementary staffing and PPE, increased ability to test residents and employees, and improvements in infection control capacity at nursing homes,” she explained.
Of the total 576 deaths, 89% had underlying health conditions, Ferrer said. Information about race and ethnicity was available for 498 victims or about 93%. Of the deceased, 36% were Latinx residents, 29% were white, 17% were Asian, 16% were African American, and 3% identified as other races.
Outside of the US and Europe, South Africa reported 251 new COVID-19 infections, its largest single-day jump yet, bringing its total to 3,034 cases.
Coronavirus update, Africa: – South Africa: 251 new cases
– Ghana: 193 new cases
– Egypt: 188 new cases
– Morocco: 121 new cases
– Algeria: 116 new cases
– Ivory Coast: 113 new cases
– Nigeria: 49 new cases
– Mali: 45 new cases
– Sudan: 33 new cases
– Kenya: 16 new cases — Norbert Elekes (@NorbertElekes) April 18, 2020
Slowly but surely, the virus is spreading across Africa.
* * *
Update (1600ET): California reported 87 new deaths, bringing its statewide total to 1,072.
Watch Gov Newsom’s press briefing below:
California has confirmed 28,963 cases of COVID-19, Newsom said. Of those, 3,221 of those cases are in our hospitals, with 1,173 of those in the ICU.
Meanwhile, as the issue of outbreaks in nursing homes and the lack of transparency and accountability becomes an international issue, the LAT reported earlier on Saturday that the Department of Health for the state of California has released new numbers on nursing home outbreaks, mirroring a move earlier by the State of New York.
More than 30% of patients who died in LA County were residents of assisted-care facilities, while more than 70% of deaths in Long Beach were nursing home residents. The California Health Department listed the names of 261 skilled-nursing facilities across the state with more than 3,000 positive cases among residents and staff. However, the “snapshot” only included 86% of the state’s 1,224 skilled-nursing facilities that have reported data within the last 24 hours.
One of the worst-hit homes was Brier Oak on Sunset in LA, where 80 residents and 62 staff members have tested positive. The Country Villa South Convalescent Center in Palms has had 58 patients and 15 staff infected, while the Garden Crest Rehabilitation Center in Silver Lake has had 35 each of patients and staff.
Earlier, we noted today’s giant jump in Singapore’s case total illustrating how ridiculous the idea of reopening the economy seems right now.
* * *


revolutionradio--2020-04-19--Von Greyerz: A Hyperinflationary Depression Has Always Been The Inevitable Endgame

A Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history .
And this time it will be global .
Hyperinflation will spread from country to country like Coronavirus .
It could start anywhere but the most likely first countries are the US and the EU or ED ( European Disunion ) .
They will quickly be followed by many more like Japan and most developing countries .
Like CV it will quickly jump from country to country with very few being spared .
CURRENT INTEREST RATES ARE A FALSE INDICATOR Ever since the last @ @ @ @ @ @ @ has been a 39 year downtrend in US and global rates from almost 20 % to 0 % .
Since in a free market interest rates are a function of the demand for credit , this long downtrend points to a severe recession in the US and the rest of the world .
The simple rules of supply and demand tell us that when the price of money is zero , nobody wants it .
But instead debt has grown exponentially without putting any upside pressure on rates .
The reason is simple @ @ @ @ @ @ @ limitless amounts of credit out of thin air .
In a fractional banking system banks can lend the same money 10 to 50 times .
And central banks can just print infinite amounts .
Global debt in 1981 was $ 14 trillion .
One would have assumed that with interest rates crashing there would not have been a major demand for debt .
High demand would have led to high interest rates .
But if we look at global debt in 2020 it is a staggering $ 265 trillion .
So debt has @ @ @ @ @ @ @ years and cost of debt has gone from 20 % to 0 % – Hmmm !
CORONAVIRUS IS THE CATALYST BUT NOT THE CAUSE The crisis that the world is now encountering has not been caused by the Coronavirus .
As I have stressed in many articles recently , CV is just the catalyst , albeit the most vicious one which could have hit the world .
The real cause of the Greatest Financial Crisis in history is the Central Banks .
They have been pouring fuel on the fire for 50 years @ @ @ @ @ @ @ until it became free in 2008 when rates were reduced to ZERO .
Since then we have also seen negative rates around the world .
Negative rates are not just a total paradox but also absolute lunacy .
Bankrupt sovereign nations around the world have been issuing debt at no cost or have even been paid for it .
The whole purpose of interest is to be paid for the risk of lending money .
As governments around the world have issued virtually unlimited debt which will never be repaid , the risk @ @ @ @ @ @ @ .
But instead of much higher rates , to reflect the massive increase in debt plus severely elevated risk , central banks have got away with defying the laws of nature buy falsely manipulating rates.. Money is a commodity and the price should be a direct function of risk plus supply and demand .
But since we currently have a false financial system with fake money and false markets , there are no real prices .
So through constant manipulation and intervention central banks together with a few accomplices can totally rig most @ @ @ @ @ @ @ cost of money today neither reflects the risk nor the demand .
All it represents is malicious manipulation to serve governments and their masters the central bankers .
But like all fake markets , also this one will end , not just badly but catastrophically .
THE SITUATION IS DESPERATE FOR BUSINESSES AND INDIVIDUALS As I discussed in last week ’ s article , we now have the perfect storm .
Virtually every government in the world is now committing billions and trillions of dollars , euros etc in fruitless attempts to save @ @ @ @ @ @ @ countries , 50 % or more of industry is shut .
Most service industries are in a total lockdown and so is aviation , transport and most small businesses .
Unemployment is approaching rates not seen since the 1930s depression .
All businesses need assistance , from major corporations to small firms .
The majority of individuals haven ’ t got savings for more than a couple of weeks living and for the ones who are now becoming unemployed , the situation is desperate .
Many major US corporations need assistance from the @ @ @ @ @ @ @ put aside profits to reserves for a rainy day .
Instead management has been too generously rewarded as well as the shareholders .
Since 2009 , S & P 500 companies have spent $ 5.4 trillion in share buybacks .
Instead of asking government for assistance , management should pay back their bonuses and shareholders who have received major payouts should recapitalise the companies .
But this will obviously not happen .
Just like in 2006-9 , profits are privatised and losses are socialised .
Businesses are haemorrhaging cash and so are individuals @ @ @ @ @ @ @ with bills not being paid including rents , mortgages and taxes .
Estimates predict a 40-50 % fall in Q2 2020 GDP in the US .
The problem is that this is not a temporary crisis .
This means that GDP will see permanent erosion of a major magnitude in most countries .
SECULAR DOWNTURN LEADING TO HYPERINFLATIONARY DEPRESSION So what we are experiencing is the start of a secular downturn which soon will become a hyperinflationary depression .
This was always the inevitable end to this cycle as I have discussed in @ @ @ @ @ @ @ A crisis of this magnitude is always a debt crisis .
Very soon we will see debt around the world come under enormous pressure as borrowers start defaulting .
This will lead to bonds crashing and rates surging .
Central banks will then lose control of interest rates as long rates first go up and soon also pulling the shorter rates up .
Rates can easily go to 15-20 % .
Many bonds will go to zero and rates to infinity .
I have previously talked about paying 21 % on my first @ @ @ @ @ @ @ So I have personal experience of high inflation but never hyperinflation .
Since the majority of the $ 1.5 quadrillion derivatives market is interest related , this market will also blow up .
All this will lead to unlimited money printing and currencies crashing fast to their intrinsic value of ZERO .
At that point the entire financial system will be unrecognisable and parts of it nonexistent .
All of this could happen very quickly , possibly within the next 6 -18 months .
2006-9 WAS A REHEARSAL Could my Cassandra forecast be @ @ @ @ @ @ @ could .
But let ’ s be clear that the rehearsal of what I am predicting took place in 2006-9 .
Nothing was resolved at that point , just temporarily deferred .
This is now the real thing and whatever money central banks print this time will have no effect .
So I doubt very much that our banker “ friends ” can pull another trick out of the hat again .
Because the only trick they know , to print more money , can never solve a debt problem .
MARKETS Stock @ @ @ @ @ @ @ of the new secular bear market , reached a 40 % loss in most countries and that in less than 4 weeks .
We are now seeing a typical correction that can go a bit higher .
But when that is finished which could take 1-3 weeks , the next devastating downleg will start .
Anyone trying to catch this falling knife will be slaughtered .
Bond markets might hold up for a bit longer with massive central bank manipulation and money printing .
Junk bonds will first start crashing and constant downgrades @ @ @ @ @ @ @ junk .
Much of corporate debt will go the same way and within 6-12 months also sovereign debt will come under attack .
Property markets are a major bubble and are already starting to disintegrate .
Industrial , commercial , retail and residential , no sector will be spared .
There will be no buyers , no financing and many forced sellers .
A perfect recipe for a collapse .
Before the secular bear market has bottomed in these three markets , prices will be down 90-100 % in real terms .
And @ @ @ @ @ @ @ like gold .
We must remember that markets will bottom long before the economy .
The likely development is first a hyperinflationary depression that could come and go very quickly within the next couple of years .
Thereafter we will most probably see a deflationary implosion of all assets and a collapse of most of the financial system .
But we mustn ’ t believe that this is the end .
It is just another phase in the world economy to correct excesses of the 100 or 300 years or even 2000 years @ @ @ @ @ @ @ asset prices have come down from current fantasy valuations , a new system will emerge built on sound values and principles .
And then the cycle starts all over again .
GOLD There are currently severe pressures in both the paper gold market and the physical market .
The Comex and LBMA are making noises that everything is under control .
LBMA is giving the illusion that they have plenty of gold in their vaults .
But virtually all of that gold is already committed .
Comex , the gold futures exchange is @ @ @ @ @ @ @ t deliver more than a small fraction in physical when paper holders of gold demand delivery .
And that day is not far away .
The 3 biggest refiners in the world based in Ticino , Switzerland have been closed for 2 1/2 weeks , representing at least 50 % of world production .
The refiners have just opened this week but at a very reduced capacity of 25-33 % .
If we just take the Gold ETFs as an example , they increased their holdings by 93 tonnes in the last 4 @ @ @ @ @ @ @ of $ 5 billion It is today virtually impossible to get hold of physical gold so you wonder where the ETFs have bought their gold .
The answer is of course simple .
It was lent to them by LBMA banks which are custodians for the biggest gold ETF GLD .
These banks also hold central bank gold and all they need to do is to lend the same gold yet one more time to the ETFs .
So if you hold a gold ETF , which you mustn ’ t , you @ @ @ @ @ @ @ backed by gold for more than a small portion of the fund total .
In a world where prices of most assets are about to implode , gold is life insurance and virtually the only asset that will maintain its value in real terms .
Silver is also likely to do very well and will most probably outperform gold .
But gold is safer and much less volatile .
As the 20 year gold chart shows above , gold is in an extremely strong uptrend .
In all currencies but US dollars , @ @ @ @ @ @ @ The gold price in dollars has just broken out and is now likely to go to $ 1,700 on its way to the old high of $ 1,920 and thereafter much , much higher .
As I have expressed before , I have been standing on a soap box for 20 years in my attempt to inform investors of the critical importance of gold for wealth preservation purposes .
Fortunately many investors have listened but they still represent less than 0.5 % of world financial assets .
Since we started 18 years ago @ @ @ @ @ @ @ the currency .
That rise is insignificant compared to what is coming next .
But remember you are not holding gold to measure the gains in debased paper money .
Instead you are holding physical gold as insurance against a broken financial system that is unlikely to be repaired for a very long time .
This entry was posted on Saturday , April 18th , 2020 at 8:32 pm and is filed under Conspiracy , Corruption , Economics , God Help Us , Government Evil , New World Order .
You can follow @ @ @ @ @ @ @ RSS 2.0 feed .

by Egon von Greyerz via GoldSwitzerland.com,
ZeroHedge.com
Sat, 04/18/2020
A Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus. It could start anywhere but the most likely first countries are the US and the EU or ED (European Disunion). They will quickly be followed by many more like Japan and most developing countries. Like CV it will quickly jump from country to country with very few being spared.
CURRENT INTEREST RATES ARE A FALSE INDICATOR
Ever since the last interest cycle peaked in 1981, there has been a 39 year downtrend in US and global rates from almost 20% to 0%. Since in a free market interest rates are a function of the demand for credit, this long downtrend points to a severe recession in the US and the rest of the world. The simple rules of supply and demand tell us that when the price of money is zero, nobody wants it. But instead debt has grown exponentially without putting any upside pressure on rates. The reason is simple. Central and commercial banks have created limitless amounts of credit out of thin air. In a fractional banking system banks can lend the same money 10 to 50 times. And central banks can just print infinite amounts.
Global debt in 1981 was $14 trillion. One would have assumed that with interest rates crashing there would not have been a major demand for debt. High demand would have led to high interest rates. But if we look at global debt in 2020 it is a staggering $265 trillion. So debt has gone up 19X in the last 39 years and cost of debt has gone from 20% to 0% – Hmmm!
CORONAVIRUS IS THE CATALYST BUT NOT THE CAUSE
The crisis that the world is now encountering has not been caused by the Coronavirus. As I have stressed in many articles recently, CV is just the catalyst, albeit the most vicious one which could have hit the world. The real cause of the Greatest Financial Crisis in history is the Central Banks. They have been pouring fuel on the fire for 50 years by continuously reducing the cost of money until it became free in 2008 when rates were reduced to ZERO. Since then we have also seen negative rates around the world.
Negative rates are not just a total paradox but also absolute lunacy. Bankrupt sovereign nations around the world have been issuing debt at no cost or have even been paid for it. The whole purpose of interest is to be paid for the risk of lending money. As governments around the world have issued virtually unlimited debt which will never be repaid, the risk of lending to them has increased exponentially. But instead of much higher rates, to reflect the massive increase in debt plus severely elevated risk, central banks have got away with defying the laws of nature buy falsely manipulating rates..
FALSE MARKETS WITH NO REAL PRICES
Money is a commodity and the price should be a direct function of risk plus supply and demand. But since we currently have a false financial system with fake money and false markets, there are no real prices. So through constant manipulation and intervention central banks together with a few accomplices can totally rig most markets and prices.
Therefore, the cost of money today neither reflects the risk nor the demand. All it represents is malicious manipulation to serve governments and their masters the central bankers. But like all fake markets, also this one will end, not just badly but catastrophically.
THE SITUATION IS DESPERATE FOR BUSINESSES AND INDIVIDUALS
As I discussed in last week’s article, we now have the perfect storm. Virtually every government in the world is now committing billions and trillions of dollars, euros etc in fruitless attempts to save a collapsing world economy. In many countries, 50% or more of industry is shut. Most service industries are in a total lockdown and so is aviation, transport and most small businesses. Unemployment is approaching rates not seen since the 1930s depression. All businesses need assistance, from major corporations to small firms. The majority of individuals haven’t got savings for more than a couple of weeks living and for the ones who are now becoming unemployed, the situation is desperate.
Many major US corporations need assistance from the government. Very few of these have put aside profits to reserves for a rainy day. Instead management has been too generously rewarded as well as the shareholders. Since 2009, S&P 500 companies have spent $5.4 trillion in share buybacks. Instead of asking government for assistance, management should pay back their bonuses and shareholders who have received major payouts should recapitalise the companies. But this will obviously not happen. Just like in 2006-9, profits are privatised and losses are socialised.
Businesses are haemorrhaging cash and so are individuals. All that becomes a vicious circle with bills not being paid including rents, mortgages and taxes. Estimates predict a 40-50% fall in Q2 2020 GDP in the US. The problem is that this is not a temporary crisis. This means that GDP will see permanent erosion of a major magnitude in most countries.
SECULAR DOWNTURN LEADING TO HYPERINFLATIONARY DEPRESSION
So what we are experiencing is the start of a secular downturn which soon will become a hyperinflationary depression. This was always the inevitable end to this cycle as I have discussed in many articles for over 20 years.
A crisis of this magnitude is always a debt crisis. Very soon we will see debt around the world come under enormous pressure as borrowers start defaulting. This will lead to bonds crashing and rates surging. Central banks will then lose control of interest rates as long rates first go up and soon also pulling the shorter rates up. Rates can easily go to 15-20%. Many bonds will go to zero and rates to infinity. I have previously talked about paying 21% on my first mortgage in the UK in 1974. So I have personal experience of high inflation but never hyperinflation.
Since the majority of the $1.5 quadrillion derivatives market is interest related, this market will also blow up. All this will lead to unlimited money printing and currencies crashing fast to their intrinsic value of ZERO. At that point the entire financial system will be unrecognisable and parts of it nonexistent. All of this could happen very quickly, possibly within the next 6 -18 months.
2006-9 WAS A REHEARSAL
Could my Cassandra forecast be wrong. Yes, of course it could. But let’s be clear that the rehearsal of what I am predicting took place in 2006-9. Nothing was resolved at that point, just temporarily deferred. This is now the real thing and whatever money central banks print this time will have no effect. So I doubt very much that our banker “friends” can pull another trick out of the hat again. Because the only trick they know, to print more money, can never solve a debt problem.
MARKETS
Stock markets, in their first leg down of the new secular bear market, reached a 40% loss in most countries and that in less than 4 weeks. We are now seeing a typical correction that can go a bit higher. But when that is finished which could take 1-3 weeks, the next devastating downleg will start. Anyone trying to catch this falling knife will be slaughtered.
Bond markets might hold up for a bit longer with massive central bank manipulation and money printing. Junk bonds will first start crashing and constant downgrades will turn a lot of debt to junk. Much of corporate debt will go the same way and within 6-12 months also sovereign debt will come under attack.
Property markets are a major bubble and are already starting to disintegrate. Industrial, commercial, retail and residential, no sector will be spared. There will be no buyers, no financing and many forced sellers. A perfect recipe for a collapse.
Before the secular bear market has bottomed in these three markets, prices will be down 90-100% in real terms. And real terms means in constant purchasing power like gold.
We must remember that markets will bottom long before the economy. The likely development is first a hyperinflationary depression that could come and go very quickly within the next couple of years. Thereafter we will most probably see a deflationary implosion of all assets and a collapse of most of the financial system.
But we mustn’t believe that this is the end. It is just another phase in the world economy to correct excesses of the 100 or 300 years or even 2000 years. Once debt has imploded and all asset prices have come down from current fantasy valuations, a new system will emerge built on sound values and principles. And then the cycle starts all over again.
GOLD
There are currently severe pressures in both the paper gold market and the physical market. The Comex and LBMA are making noises that everything is under control. LBMA is giving the illusion that they have plenty of gold in their vaults. But virtually all of that gold is already committed. Comex, the gold futures exchange is under tremendous pressure since they can’t deliver more than a small fraction in physical when paper holders of gold demand delivery. And that day is not far away.
The 3 biggest refiners in the world based in Ticino, Switzerland have been closed for 2 1/2 weeks, representing at least 50% of world production. The refiners have just opened this week but at a very reduced capacity of 25-33%.
If we just take the Gold ETFs as an example, they increased their holdings by 93 tonnes in the last 4 weeks. That represents a total value of $5 billion
It is today virtually impossible to get hold of physical gold so you wonder where the ETFs have bought their gold.
The answer is of course simple. It was lent to them by LBMA banks which are custodians for the biggest gold ETF GLD. These banks also hold central bank gold and all they need to do is to lend the same gold yet one more time to the ETFs. So if you hold a gold ETF, which you mustn’t, you know that it is unlikely to be backed by gold for more than a small portion of the fund total.
In a world where prices of most assets are about to implode, gold is life insurance and virtually the only asset that will maintain its value in real terms. Silver is also likely to do very well and will most probably outperform gold. But gold is safer and much less volatile.
As the 20 year gold chart shows above, gold is in an extremely strong uptrend. In all currencies but US dollars, gold has surpassed the 2011 highs. The gold price in dollars has just broken out and is now likely to go to $1,700 on its way to the old high of $1,920 and thereafter much, much higher.
As I have expressed before, I have been standing on a soap box for 20 years in my attempt to inform investors of the critical importance of gold for wealth preservation purposes. Fortunately many investors have listened but they still represent less than 0.5% of world financial assets. Since we started 18 years ago, gold is up 6-7X depending on the currency. That rise is insignificant compared to what is coming next.
But remember you are not holding gold to measure the gains in debased paper money. Instead you are holding physical gold as insurance against a broken financial system that is unlikely to be repaired for a very long time.


revolutionradio--2020-04-19--Retail Sales Were Bad; The Reality Is Catastrophic

Last week ’ s retail sales print was – just like the rest of recent economic data – dismal , with the year-over-year drop of 6.2 % the largest since September 2009 .
Alas , it appears that the government data may have dramatically underrepresented the full severity of the recent plunge .
As a reminder , the Census Bureau takes unadjusted numbers and smooths them through the X-14-Arima goalseekarator , which however has never before had to apply a Fourier transformation to an economy which overnight entered a hard stop .
That ’ s why the unadjusted data is @ @ @ @ @ @ @ sense of the severity of the current plunge .
And since consumer spending accounts for 70 % of US GDP , having an accurate read of just how far it has fallen is critical not only to gauge the change in GDP , but corporate profitability which as JPMorgan calculated previously , has a 7x beta to changes in GDP .
To do that , we used Bank of America ’ s credit and debit card data for the month of March .
What it showed is that while the standard measure of @ @ @ @ @ @ @ down just 1.6 % month-over-month ( mom ) seasonally adjusted , total card spending was down a severe 11.5 % mom SA .
The difference speaks to the composition of each measure as retail sales ex-autos exclude the hardest hit sectors from COVID-19 such as travel and other types of services .
And since the year over year drop was also greater than the depths of the 2008 financial crisis , expect not only March data to be far worse than initially reported , but April – when the entire economy was shut @ @ @ @ @ @ @ be absolutely abysmal .
Looking ahead , BofA expects the weakness “ to persist through April and become more apparent in the narrow measures as well.
” And indeed , when examining the latest daily debit and credit card spending in the first week of April 10th , BofA finds that total card spending was down an average of 30 % yoy .
The continued drop took place despite a “ meaningful improvement in online retail card spending , which was up 50 % yoy in the 7-day period ending April 10th.
” @ @ @ @ @ @ @ ordering for food with online grocery store spending up 162 % yoy and restaurant orders placed online up 85 % yoy over the same 7-day period .
Some more good news : online discretionary spending also improved , with further gains in online electronics as well as modest improvement in online clothing and department stores .
On the other side , a number of categories continue to show virtually no spending , including airlines , lodging and entertainment services .
Restaurants and clothing stores have stabilized , with % yoy down around 50 @ @ @ @ @ @ @ Even spending at grocery stores has cooled from a very strong March as people shelter at home .
There was a paradoxical silver lining in that if looking at just the GDP-defining control group ( retail ex-autos , building materials , restaurants and gasoline ) , the aggregate actually increased in the month .
This reflects the fact that core control nets out restaurants and gasoline which were both down sharply , and leaves a more narrow measure of spending where grocery store spending – which was up 31 % mom SA – @ @ @ @ @ @ @ of paradoxical , the breakdown of spending by income group shows something even more strange : spending slowed down the most for the highest income group , to just 0.3 % in March from 2.7 % in February .
This could reflect the fact that higher income households have a larger share in discretionary spending which saw the biggest drop .
It would also mean that the economy could be hit even more severely than some of the latest fire GDP forecasts which expect as much as a 50 % drop in GDP @ @ @ @ @ @ @ charts to show the dramatic transformation to consumer spending which the covidepression has triggered within the US economy , first for just the month of March… … and then also for the first ten days of April .
This entry was posted on Saturday , April 18th , 2020 at 8:21 pm and is filed under Economics , God Help Us , Health , Pandemic .
You can follow any responses to this entry through the RSS 2.0 feed .

by Tyler Durden
ZeroHedge.com
Sat, 04/18/2020
Last week’s retail sales print was – just like the rest of recent economic data – dismal, with the year-over-year drop of 6.2% the largest since September 2009.
Alas, it appears that the government data may have dramatically underrepresented the full severity of the recent plunge. As a reminder, the Census Bureau takes unadjusted numbers and smooths them through the X-14-Arima goalseekarator, which however has never before had to apply a Fourier transformation to an economy which overnight entered a hard stop. That’s why the unadjusted data is far more important to get a true sense of the severity of the current plunge. And since consumer spending accounts for 70% of US GDP, having an accurate read of just how far it has fallen is critical not only to gauge the change in GDP, but corporate profitability which as JPMorgan calculated previously, has a 7x beta to changes in GDP.
To do that, we used Bank of America’s credit and debit card data for the month of March. What it showed is that while the standard measure of spending – retail sales ex-autos – was down just 1.6% month-over-month (mom) seasonally adjusted, total card spending was down a severe 11.5% mom SA. The difference speaks to the composition of each measure as retail sales ex-autos exclude the hardest hit sectors from COVID-19 such as travel and other types of services.
And since the year over year drop was also greater than the depths of the 2008 financial crisis, expect not only March data to be far worse than initially reported, but April – when the entire economy was shut down for the full month – to be absolutely abysmal.
Looking ahead, BofA expects the weakness “to persist through April and become more apparent in the narrow measures as well.” And indeed, when examining the latest daily debit and credit card spending in the first week of April 10th, BofA finds that total card spending was down an average of 30% yoy.
The continued drop took place despite a “meaningful improvement in online retail card spending, which was up 50% yoy in the 7-day period ending April 10th.” This partly reflects a shift to online ordering for food with online grocery store spending up 162% yoy and restaurant orders placed online up 85% yoy over the same 7-day period. Some more good news: online discretionary spending also improved, with further gains in online electronics as well as modest improvement in online clothing and department stores.
On the other side, a number of categories continue to show virtually no spending, including airlines, lodging and entertainment services.
Restaurants and clothing stores have stabilized, with % yoy down around 50% and 60%, respectively. Even spending at grocery stores has cooled from a very strong March as people shelter at home.
There was a paradoxical silver lining in that if looking at just the GDP-defining control group (retail ex-autos, building materials, restaurants and gasoline), the aggregate actually increased in the month. This reflects the fact that core control nets out restaurants and gasoline which were both down sharply, and leaves a more narrow measure of spending where grocery store spending – which was up 31% mom SA – has a larger weight.
And speaking of paradoxical, the breakdown of spending by income group shows something even more strange: spending slowed down the most for the highest income group, to just 0.3% in March from 2.7% in February. This could reflect the fact that higher income households have a larger share in discretionary spending which saw the biggest drop. It would also mean that the economy could be hit even more severely than some of the latest fire GDP forecasts which expect as much as a 50% drop in GDP growth.
Below we present some more charts to show the dramatic transformation to consumer spending which the covidepression has triggered within the US economy, first for just the month of March…
… and then also for the first ten days of April.