investmentwatchblog--2020-06-13--This Reckless Mania Leads to Depression, Not Recession – Mike Maloney

Join Mike Maloney in this week ’ s wrap up of current events and discover why he believes we are @ @ @ @ @ and not just a recession .

Join Mike Maloney in this week’s wrap up of current events and discover why he believes we are headed towards a depression, and not just a recession.
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investmentwatchblog--2020-06-13--Texas hospitalizations are up 27% in the last three weeks. That is not because of more tests but bec

Texas hospitalizations are up 27% in the last three weeks. That is not because of more tests but because more people are sick. pic.twitter.com/riZ04weNi0 — Patrick W. Watson (@PatrickW) June 12, 2020
⚠AIRBORNE is the “dominant” route for the coronavirus transmission! New PNAS paper by a Nobel laureate’s group concludes this based on study of several studies and how transmission wasn’t truly slow until mask rules went into place. MASKS FOR ALL, please. t.co/nmergxbW20 — Eric Feigl-Ding (@DrEricDing) June 12, 2020
I do wish you were correct. Believe it or not, I follow these data quite closely as I live in Texas. As the state has risen from 12th nationwide in cases to 6th, our testing rate has done something remarkable – remained in 45th place in testing rate. Don’t test. Don’t tell. t.co/IFWLqzPchp — Danielle DiMartino Booth (@DiMartinoBooth) June 12, 2020


investmentwatchblog--2020-06-13--FED SAYS COLLAPSE IN DEMAND MAY ULTIMATELY BANKRUPT MANY BUSINESSES

The Fed ’ s Economic Forecasts Are All Over the Map , a Sign of How Uncertain These Times Are @ @ @ @ @ economic outlook isn ’ t so much pessimistic as it is uncertain .
…financial system @ @ @ @ @ associated with liquidity and maturity transformation in the nonbank financial sector — have amplified some @ @ @ @ @ the pandemic , ” the Fed said .
“ Accordingly , financial-sector vulnerabilities are expected @ @ @ @ @ near term .
”

FED SAYS COLLAPSE IN DEMAND MAY ULTIMATELY BANKRUPT MANY BUSINESSES — *Walter Bloomberg (@DeItaOne) June 12, 2020
The Fed said more businesses could fail if economic activity remained weak due to coronavirus-related disruptions, leading more temporary layoffs to become permanent t.co/myPIRo9vRN — Real Time Economics (@WSJecon) June 12, 2020
HOUSEHOLD NET WORTH DOESN'T LOOK LIKE A V pic.twitter.com/eBqAYO7sSr — Win Smart, CFA (@WinfieldSmart) June 12, 2020
NO INVESTMENT OR HIRING PLANS pic.twitter.com/ncUwEiJqOa — Win Smart, CFA (@WinfieldSmart) June 13, 2020
The Federal Reserve’s economic outlook isn’t so much pessimistic as it is uncertain.
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…financial system vulnerabilities — most notably those associated with liquidity and maturity transformation in the nonbank financial sector — have amplified some of the economic effects of the pandemic,” the Fed said. “Accordingly, financial-sector vulnerabilities are expected to be significant in the near term.”


investmentwatchblog--2020-06-13--European economies will be the worst hit in this crisis and the ones to see a weaker recovery.

European economies will be the worst hit in this crisis and the ones to see a weaker recovery .
The @ @ @ @ @ in 2019 .
Elevated government spending has proven to be ineffective in the worst-hit countries.t.co/qDqoiZVu1f @

European economies will be the worst hit in this crisis and the ones to see a weaker recovery.
The Eurozone was in a slowdown in 2019. Elevated government spending has proven to be ineffective in the worst-hit countries.t.co/qDqoiZVu1f pic.twitter.com/xt0ExCLDPq
— Daniel Lacalle (@dlacalle_IA) June 13, 2020


investmentwatchblog--2020-06-13--Life inside Seattle’s autonomous zone | Protesters demand police disband

Protesters in the newly formed autonomous zone in Seattle are considering their next move , having seized control of the @ @ @ @ @ by police .

Protesters in the newly formed autonomous zone in Seattle are considering their next move, having seized control of the area after it was abandoned by police.
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investmentwatchblog--2020-06-13--The Oil Price Rally May Have Gone Too Far

Oil prices are set for their first weekly loss in over a month as a jump in COVID-19 cases threaten the economic recovery while oil supply continues to come back online .
For Global Energy Alert members there are now two new free reports available in your dashboard .
The first of these reports is on how to interpret stock charts and the second outlines the three biggest mistakes made by traders today .
Make sure you become a member to read these reports and many more .
Oil is set for the first weekly decline in over a month @ @ @ @ @ @ @ on Thursday .
The jump in coronavirus cases in the U.S. sparked renewed concerns about the economic recovery .
The Federal Reserve warned of long-term scars on the economy .
At the same time , oil analysts have warned that the crude oil rally may have gone too far .
U.S. gasoline demand picks up .
U.S. gasoline demand ticked up to 7.9 mb/d in the first week of June , up about 350,000 bpd from a week earlier .
Jet fuel demand is still a shadow of its former self , stuck @ @ @ @ @ @ @ pre-pandemic levels .
Goldman : 20 percent oil price correction .
Goldman Sachs said that an oil price correction of about 20 percent may already be underway .
“ Despite the rally , we have been hesitant to recommend a long position this early in the cycle for several reasons , ” Goldman Sachs commodities analysts wrote in a note .
Inventories are too high and the price rally has gone too far , the bank said .
Trump ’ s offshore drilling plan .
The Trump administration is planning to push for @ @ @ @ @ @ @ , but the proposal will wait until after the November election in order to avoid political blowback , according to Politico .
Drilling in Florida faces bipartisan opposition .
The eastern Gulf of Mexico has long been off limits to the industry .
Permian to return to growth in 2021 .
U.S. shale will concentrate on the Permian basin , where growth returns in 2021 and continues through 2030 , according to Wood Mackenzie .
Meanwhile , the Eagle Ford won ’ t return to its 2019 average until 2024 , but will @ @ @ @ @ @ @ the comeback is widely expected to be slow.Related : API Shocks Market With Large Crude Oil Build More oil execs see rewards before bankruptcy .
Around 35 oil executives at Whiting Petroleum ( NYSE : WLL ) , Chesapeake Energy ( NYSE : CHK ) and Diamond Offshore Drilling ( OTCMKTS : DOFSQ ) are set to enjoy $ 50 million in payouts even as their companies head into bankruptcy , according to Bloomberg .
The list of companies engaging in this practice is rising , with California Resources Corp. ( NYSE : @ @ @ @ @ @ @ On Thursday , Extraction Oil & Gas ( NYSE : XOG ) disclosed $ 6.7 million in payments to 16 executives ahead of a possible default on bond payments .
EIA : U.S. production bottoms out at 10.6 mb/d .
The EIA says that U.S. oil production will drop to 10.6 mb/d by March 2021 , a decline of 2.2 mb/d from a recent peak in November 2019 .
The agency sees U.S. production averaging 11.56 mb/d in 2020 , a 130,000-bpd downward revision from last month ’ s forecast .
ExxonMobil to @ @ @ @ @ @ @ : XOM ) said it would delay the startup of its Beaumont refinery expansion on the Texas Gulf Coast by a year due to the downturn in demand .
When the expansion is complete in 2023 , the refinery will be the largest in the U.S. Exxon to revive North Sea asset sales .
After putting proposed asset sales on ice during the pandemic , ExxonMobil ( NYSE : XOM ) is once again pushing to dispose of its unwanted assets .
Exxon had wanted to raise $ 2 billion , but now @ @ @ @ @ @ @ Guinea passed legislation affecting Exxon .
Papua New Guinea passed legislation to increase benefits to the country from oil and gas operations .
Exxon operates a massive natural gas drilling and export project in the country and is considering a $ 13 billion doubling of that project ’ s capacity .
Trafigura sees windfall profit .
Oil trader Trafigura posted its largest profit in the first two quarters since 2016 , with year-on-year earnings up 27 percent .
Trafigura benefited from oil storage and volatility Emerging markets cut fuel subsidies .
A sharp @ @ @ @ @ @ @ prices , has led to a number of emerging market countries to cut fuel subsidies .
Nigeria and Tunisia trimmed subsidies , while India hiked gasoline and diesel taxes .
Tellurian ’ s LNG buildout struggles .
Tellurian ’ s ( NASDAQ : TELL ) LNG project remains unbuilt after years of construction .
The company ’ s market cap has plunged below $ 400 million , down from over $ 4 billion from a few years ago .
The FT looks at the company ’ s decline.Related : Will Canadian Oil See @ @ @ @ @ @ @ depress investment .
The fall of lithium prices could deter new investment , impacting the proliferation of electric vehicles .
Natural gas demand to fall by 4 percent .
Global natural gas demand could slump by as much as 4 percent in 2020 , according to a new report from the IEA .
That would be double the percentage decline seen during the 2008-2009 financial crisis .
Weatherford CEO resigns , second bankruptcy possible .
The CEO of Weatherford International ( OTCMKTS : WFTLF ) stepped down , and analysts say that the @ @ @ @ @ @ @ the second time in less than a year .
Once one of the top four oilfield service companies in the world , Weatherford ’ s demise illustrates the deep pain for drilling servicers .
Venezuela down to 1 rig .
Venezuela has 1 rig drilling for oil in the country , and 1 for gas .
As recently as March , there were 25 operational rigs .
Upstream investment hits 15-year low .
Global spending on upstream oil and gas could fall to $ 383 billion in 2020 , the lowest level in @ @ @ @ @ @ @ percent from 2019 levels .

By Tom Kool
Oil prices are set for their first weekly loss in over a month as a jump in COVID-19 cases threaten the economic recovery while oil supply continues to come back online.
For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how to interpret stock charts and the second outlines the three biggest mistakes made by traders today. Make sure you become a member to read these reports and many more.
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Friday, June 12th, 2020
Oil is set for the first weekly decline in over a month, dragged down by the broader selloff on Thursday. The jump in coronavirus cases in the U.S. sparked renewed concerns about the economic recovery. The Federal Reserve warned of long-term scars on the economy. At the same time, oil analysts have warned that the crude oil rally may have gone too far.
U.S. gasoline demand picks up. U.S. gasoline demand ticked up to 7.9 mb/d in the first week of June, up about 350,000 bpd from a week earlier. Jet fuel demand is still a shadow of its former self, stuck at 30 to 40 percent of its pre-pandemic levels.
Goldman: 20 percent oil price correction. Goldman Sachs said that an oil price correction of about 20 percent may already be underway. “Despite the rally, we have been hesitant to recommend a long position this early in the cycle for several reasons,” Goldman Sachs commodities analysts wrote in a note. Inventories are too high and the price rally has gone too far, the bank said.
Trump’s offshore drilling plan. The Trump administration is planning to push for opening up Florida for offshore oil drilling, but the proposal will wait until after the November election in order to avoid political blowback, according to Politico. Drilling in Florida faces bipartisan opposition. The eastern Gulf of Mexico has long been off limits to the industry.
We are primarily funded by readers. Please subscribe and donate to support us!
Permian to return to growth in 2021. U.S. shale will concentrate on the Permian basin, where growth returns in 2021 and continues through 2030, according to Wood Mackenzie. Meanwhile, the Eagle Ford won’t return to its 2019 average until 2024, but will then decline. Projections vary, but the comeback is widely expected to be slow.Related: API Shocks Market With Large Crude Oil Build
More oil execs see rewards before bankruptcy. Around 35 oil executives at Whiting Petroleum (NYSE: WLL), Chesapeake Energy (NYSE: CHK) and Diamond Offshore Drilling (OTCMKTS: DOFSQ) are set to enjoy $50 million in payouts even as their companies head into bankruptcy, according to Bloomberg. The list of companies engaging in this practice is rising, with California Resources Corp. (NYSE: CRC) recently guaranteeing executive bonuses. On Thursday, Extraction Oil & Gas (NYSE: XOG) disclosed $6.7 million in payments to 16 executives ahead of a possible default on bond payments.
EIA: U.S. production bottoms out at 10.6 mb/d. The EIA says that U.S. oil production will drop to 10.6 mb/d by March 2021, a decline of 2.2 mb/d from a recent peak in November 2019. The agency sees U.S. production averaging 11.56 mb/d in 2020, a 130,000-bpd downward revision from last month’s forecast.
ExxonMobil to delay refinery expansion. ExxonMobil (NYSE: XOM) said it would delay the startup of its Beaumont refinery expansion on the Texas Gulf Coast by a year due to the downturn in demand. When the expansion is complete in 2023, the refinery will be the largest in the U.S.
Exxon to revive North Sea asset sales. After putting proposed asset sales on ice during the pandemic, ExxonMobil (NYSE: XOM) is once again pushing to dispose of its unwanted assets. Exxon had wanted to raise $2 billion, but now expects to generate less.
Papua New Guinea passed legislation affecting Exxon. Papua New Guinea passed legislation to increase benefits to the country from oil and gas operations. Exxon operates a massive natural gas drilling and export project in the country and is considering a $13 billion doubling of that project’s capacity.
Trafigura sees windfall profit. Oil trader Trafigura posted its largest profit in the first two quarters since 2016, with year-on-year earnings up 27 percent. Trafigura benefited from oil storage and volatility
Emerging markets cut fuel subsidies. A sharp economic downturn, combined with lower fuel prices, has led to a number of emerging market countries to cut fuel subsidies. Nigeria and Tunisia trimmed subsidies, while India hiked gasoline and diesel taxes.
Tellurian’s LNG buildout struggles. Tellurian’s (NASDAQ: TELL) LNG project remains unbuilt after years of construction. The company’s market cap has plunged below $400 million, down from over $4 billion from a few years ago. The FT looks at the company’s decline.Related: Will Canadian Oil See Any Federal Help?
Low lithium prices depress investment. The fall of lithium prices could deter new investment, impacting the proliferation of electric vehicles.
Natural gas demand to fall by 4 percent. Global natural gas demand could slump by as much as 4 percent in 2020, according to a new report from the IEA. That would be double the percentage decline seen during the 2008-2009 financial crisis.
Weatherford CEO resigns, second bankruptcy possible. The CEO of Weatherford International (OTCMKTS: WFTLF) stepped down, and analysts say that the company could be forced into bankruptcy for the second time in less than a year. Once one of the top four oilfield service companies in the world, Weatherford’s demise illustrates the deep pain for drilling servicers.
Venezuela down to 1 rig. Venezuela has 1 rig drilling for oil in the country, and 1 for gas. As recently as March, there were 25 operational rigs.
Upstream investment hits 15-year low. Global spending on upstream oil and gas could fall to $383 billion in 2020, the lowest level in 15 years and a drop of 29 percent from 2019 levels.
By Tom Kool for Oilprice.com


investmentwatchblog--2020-06-13--China Continued Buying Venezuelan Oil Despite U.S. Sanctions

Oil shipments from Venezuela to China continued even after the United States tightened the screws on Venezuelan oil exports last August , threatening sanctions on all companies doing business with Nicolas Maduro ’ s government , Reuters says in a special report , quoting ship-tracking data , PDVSA documents , and oil analysts .
According to Reuters ’ findings , even after the U.S. increased the sanctions pressure on Venezuela , crude oil from the Latin American country continued to flow into China via the Switzerland-based unit of Russian oil giant Rosneft and after ship-to-ship transfers of the crude to @ @ @ @ @ @ @ Venezuela , Reuters has found .
Between July and December , 18 tankers carried a total of 19.7 million barrels of rebranded Venezuelan crude oil to Chinese ports , Reuters found .
After the new U.S. sanctions in August , China National Petroleum Corporation ( CNPC ) – one of PDVSA ’ s top buyers of crude oil even after the initial rounds of sanctions on Venezuela took hold — canceled loading plans for Venezuelan oil , after the Trump Administration targeted companies – even foreign ones – doing business with PDVSA , @ @ @ @ @ @ @ United States if they have any .
Shipments of oil from Venezuela to China have continued into this year , too , according to Reuters ’ findings .
Earlier this year , the United States slapped sanctions on Rosneft ’ s Switzerland-based trading arm as part of its attempts to cut off all revenue streams to Nicolas Maduro ’ s government in Caracas .
The U.S. has signaled that it is ready to tighten even more the noose around the Venezuelan government .
Responding to a Reuters request to comment on the findings @ @ @ @ @ @ @ Rosneft said it had done business in compliance with international legislation .
The U.S. State Department ’ s Special Representative for Venezuela , Elliott Abrams , told Reuters that the Trump Administration would be taking individual actions with respect to ship-to-ship transfers and that sanctions against Chinese buyers of Venezuelan crude after transshipment were “ on the table .
”

By Tsvetana Paraskova
Oil shipments from Venezuela to China continued even after the United States tightened the screws on Venezuelan oil exports last August, threatening sanctions on all companies doing business with Nicolas Maduro’s government, Reuters says in a special report, quoting ship-tracking data, PDVSA documents, and oil analysts.
According to Reuters’ findings, even after the U.S. increased the sanctions pressure on Venezuela, crude oil from the Latin American country continued to flow into China via the Switzerland-based unit of Russian oil giant Rosneft and after ship-to-ship transfers of the crude to conceal that its place of origin was Venezuela, Reuters has found.
Between July and December, 18 tankers carried a total of 19.7 million barrels of rebranded Venezuelan crude oil to Chinese ports, Reuters found.
After the new U.S. sanctions in August, China National Petroleum Corporation (CNPC) – one of PDVSA’s top buyers of crude oil even after the initial rounds of sanctions on Venezuela took hold — canceled loading plans for Venezuelan oil, after the Trump Administration targeted companies – even foreign ones – doing business with PDVSA, threatening to seize their assets in the United States if they have any.
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Shipments of oil from Venezuela to China have continued into this year, too, according to Reuters’ findings.
Earlier this year, the United States slapped sanctions on Rosneft’s Switzerland-based trading arm as part of its attempts to cut off all revenue streams to Nicolas Maduro’s government in Caracas. The U.S. has signaled that it is ready to tighten even more the noose around the Venezuelan government.
Responding to a Reuters request to comment on the findings about Chinese imports of Venezuelan oil, Rosneft said it had done business in compliance with international legislation.
The U.S. State Department’s Special Representative for Venezuela, Elliott Abrams, told Reuters that the Trump Administration would be taking individual actions with respect to ship-to-ship transfers and that sanctions against Chinese buyers of Venezuelan crude after transshipment were “on the table.”
By Tsvetana Paraskova for Oilprice.com


investmentwatchblog--2020-06-13--Good vs Evil, All Lives Matter, And A Crashing Stock Market

Greg Hunter gives The Weekly News Wrap-Up for Friday , June 12th , 2020 This is a classic battle of Good vs Evil .
This is nothing short of a takeover attempt by Marxist communist forces using tactics not seen since pre WWII Germany .
This is not about reform , but total takeover , and no one should contradict the narrative .
Just saying “ All Lives Matter ” is considered a repugnant statement that should be punished .
No other opinion is wanted or allowed with this political maneuver that hides behind a veil of social justice and @ @ @ @ @ @ @ such as Antifa , and other groups supporting them , have taken over the City Hall of Seattle .
This outrageous action has the total support of the Mayor and the Governor .
This is how takeovers start .
This takeover of 6 city blocks in the center of the city is tolerated and accepted by people in power , and that includes top brass of the Democrat Party .
I view this as a trial balloon .
Evil wants to take on the road across America in an election year .
The @ @ @ @ @ @ @ this Thursday .
Is this an omen of things to come , or is the market simply telling us the economy is really not too good ?
A new survey says about a third of all renters are afraid of not being able to pay the next rent payment .
Does that sound healthy to you ?
Join Greg Hunter of USAWatchdog.com as he talks about these stories and more in the Weekly News Wrap-Up .
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Greg Hunter gives The Weekly News Wrap-Up for Friday, June 12th, 2020
This is a classic battle of Good vs Evil. This is nothing short of a takeover attempt by Marxist communist forces using tactics not seen since pre WWII Germany. This is not about reform, but total takeover, and no one should contradict the narrative. Just saying “All Lives Matter” is considered a repugnant statement that should be punished. No other opinion is wanted or allowed with this political maneuver that hides behind a veil of social justice and anti-racism.
Violent and heavily armed anarchists such as Antifa, and other groups supporting them, have taken over the City Hall of Seattle. This outrageous action has the total support of the Mayor and the Governor. This is how takeovers start. This takeover of 6 city blocks in the center of the city is tolerated and accepted by people in power, and that includes top brass of the Democrat Party. I view this as a trial balloon. Evil wants to take on the road across America in an election year.
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The DOW crashed 2000 points before recovering slightly this Thursday. Is this an omen of things to come, or is the market simply telling us the economy is really not too good? A new survey says about a third of all renters are afraid of not being able to pay the next rent payment. Does that sound healthy to you?
Join Greg Hunter of USAWatchdog.com as he talks about these stories and more in the Weekly News Wrap-Up.
To Donate to USAWatchdog.com Click Here: usawatchdog.com/donations/


investmentwatchblog--2020-06-13--2017: 50 senators who voted to violate your privacy.

It ’ s from 2017 , they are trying to renew it though and would you look at that , @ @ @ @ @ 14 Dems and 2 Rep votes against it , so it passed with bipartisan support @ @ @ @ @ sent back to the house with amendments , now waiting resolution .
Plus the provision @ @ @ @ @ your web browsing history failed by just one vote .
So yeah during this 2017 @ @ @ @ @ t have any Dem support but now it does , what good does taking control @ @ @ @ @ Dems and speaker will just pass this stuff anyway lmao .

by i-like-glitter-a-lot
It’s from 2017, they are trying to renew it though and would you look at that, it passed 80-16, iirc 14 Dems and 2 Rep votes against it, so it passed with bipartisan support in the senate and was sent back to the house with amendments, now waiting resolution. Plus the provision to ban warrantless spying on your web browsing history failed by just one vote. So yeah during this 2017 bill it really didn’t have any Dem support but now it does, what good does taking control of the house if the Dems and speaker will just pass this stuff anyway lmao.
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www.congress.gov/bill/116th-congress/house-bill/6172


Do you remember?

When the US senate was deliberating on coronavirus in the early days of the pandemic many of them sold shares @ @ @ @ @ haven ’ t heard any news of this recently .
Rep. susan davis sold shares @ @ @ @ @ the day the US reported it ’ s 10th case , a full 2 weeks @ @ @ @ @ , before trump even made his “ we only have 15 cases and it ’ @ @ @ @ @ to zero ” comment .
Even the diamond princess had only recorded it ’ s @ @ @ @ @ her shares .
They sold shares in airlines before trump even announced the travel ban @ @ @ @ @ VERY early into the crisis and didn ’ t even ban european travel until a @ @ @ @ @ shares off .

by CatherineAcevedo
When the US senate was deliberating on coronavirus in the early days of the pandemic many of them sold shares which later tanked. I haven’t heard any news of this recently.
Rep. susan davis sold shares in airlines and cruise ships the day the US reported it’s 10th case, a full 2 weeks before the first crash happened, before trump even made his “we only have 15 cases and it’s going to go down to zero” comment.
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Even the diamond princess had only recorded it’s first case when she sold her shares.
They sold shares in airlines before trump even announced the travel ban to china which he did VERY early into the crisis and didn’t even ban european travel until a month after they sold their shares off.


investmentwatchblog--2020-06-13--Racism is now a public health emergency in Boston

Today I am declaring racism a public health crisis in the @ CityofBoston .
The health impacts of historic and @ @ @ @ @ our # COVID19 case numbers , and the impacts go far beyond the current crisis @ @

Today I am declaring racism a public health crisis in the @CityofBoston. The health impacts of historic and systemic racism are clear in our #COVID19 case numbers, and the impacts go far beyond the current crisis. pic.twitter.com/KO18NKMnjC
— Mayor Marty Walsh (@marty_walsh) June 12, 2020


investmentwatchblog--2020-06-13--The credibility ship has sailed….

The credibility ship has sailed….

EVEN GLENN GREENWALD IS POINTING THIS OUT : The Abrupt , Radical Reversal in How Public Health Experts Now Speak About the Coronavirus and Mass Gatherings .
What has changed — dramatically , radically and abruptly — is the messaging from public health experts and even public officials about the virus .
Beginning roughly two weeks ago , we all watched as mass stay-at-home orders and self-isolation gave way to massive street protests , where tens or hundreds of thousands of people gathered together in the U.S. and around the world , often one on top of the other , @ @ @ @ @ @ @ virtual laboratory for what we had spent four months hearing was exactly what one must not do in the middle of this pandemic .
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Examples of this are too abundant to list here ( today ’ s SYSTEM UPDATE episode covers many of them ) .
New Jersey ’ s Gov .
Phil Murphy condemned anti-lockdown protests just last month , righteously announcing that public health rather than protests will guide the state ’ s quarantine policies ; then last week , after George Floyd ’ s killing , Murphy @ @ @ @ @ @ @ state without even attempting to reconcile that with his prior stay-at-home messaging ; then , last week while he praised these protests , he extended his “ public health emergency ” order for 30 more days out of fear of what he called “ a new outbreak of # COVID19″ — and he did all of this while maintaining his “ STAY AT HOME ” banner on the top of his Twitter page where he issued all of these conflicting directives .
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’ ve been a vocal supporter of these @ @ @ @ @ @ @ occasional use of civil disobedience and targeted property damage .
My views of the protests ( as distinct from the some of the repressive debate-denying tactics that have sprouted up around them ) have not changed ; I remain an enthusiastic supporter on the ground that we simply can not tolerate any longer an unaccountable , paramilitarized police force that kills with impunity , especially when aimed disproportionately at African Americans and Latinos .
But what we should not tolerate , and what the scientific community can not permit if it is to @ @ @ @ @ @ @ and manipulation of health expertise for political ends .
One of two things is true ; either 1 ) these protests will lead to a significant spike in coronavirus infections and deaths , in which case public health experts should reconcile that outcome with how they could have encouraged and endorsed them ; or 2 ) it will not lead to such a spike , in which case it will appear that the months of extreme , draconian lockdowns — which caused great suffering and deprivation around the world — were excessive , @ @ @ @

EVEN GLENN GREENWALD IS POINTING THIS OUT: The Abrupt, Radical Reversal in How Public Health Experts Now Speak About the Coronavirus and Mass Gatherings.
What has changed — dramatically, radically and abruptly — is the messaging from public health experts and even public officials about the virus. Beginning roughly two weeks ago, we all watched as mass stay-at-home orders and self-isolation gave way to massive street protests, where tens or hundreds of thousands of people gathered together in the U.S. and around the world, often one on top of the other, chanting, yelling and singing: a virtual laboratory for what we had spent four months hearing was exactly what one must not do in the middle of this pandemic. . . .
Examples of this are too abundant to list here (today’s SYSTEM UPDATE episode covers many of them). New Jersey’s Gov. Phil Murphy condemned anti-lockdown protests just last month, righteously announcing that public health rather than protests will guide the state’s quarantine policies; then last week, after George Floyd’s killing, Murphy praised the massive anti-police-brutality protests in his state without even attempting to reconcile that with his prior stay-at-home messaging; then, last week while he praised these protests, he extended his “public health emergency” order for 30 more days out of fear of what he called “a new outbreak of #COVID19″ — and he did all of this while maintaining his “STAY AT HOME” banner on the top of his Twitter page where he issued all of these conflicting directives. . . .
’ve been a vocal supporter of these protests from their start, including their occasional use of civil disobedience and targeted property damage. My views of the protests (as distinct from the some of the repressive debate-denying tactics that have sprouted up around them) have not changed; I remain an enthusiastic supporter on the ground that we simply cannot tolerate any longer an unaccountable, paramilitarized police force that kills with impunity, especially when aimed disproportionately at African Americans and Latinos.
But what we should not tolerate, and what the scientific community cannot permit if it is to retain its credibility, is the abuse and manipulation of health expertise for political ends. One of two things is true; either 1) these protests will lead to a significant spike in coronavirus infections and deaths, in which case public health experts should reconcile that outcome with how they could have encouraged and endorsed them; or 2) it will not lead to such a spike, in which case it will appear that the months of extreme, draconian lockdowns — which caused great suffering and deprivation around the world — were excessive, misguided and unwarranted.


investmentwatchblog--2020-06-13--Five days apart, spot the difference

Five days apart, spot the difference

I ’ ve been saying this pivot was on the horizon .
Protests like this typically have a lifespan of @ @ @ @ @ so they knew they would need something for the next news cycle .
They sent @ @ @ @ @ to congregate as a way to get this whole thing going again to stop Trump @ @ @ @

ibb.co/2vhGNsw
Five days apart. Spot the difference. pic.twitter.com/TbOHRsInPD — Daily Caller (@DailyCaller) June 11, 2020
I’ve been saying this pivot was on the horizon.
Protests like this typically have a lifespan of about 2 weeks, historically… so they knew they would need something for the next news cycle.
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They sent people out in the millions to congregate as a way to get this whole thing going again to stop Trump rallies from happening.
h/t BFD


investmentwatchblog--2020-06-13--If dems win congress and white house, it is the end of free America

If the Democrats win the White House , and Congress ( House and Senate ) , it will be the @ @ @ @ @ .
Just like the Affordable Health Care Act , they will pass : they will @ @ @ @ @ bankrupt the country .
in order to prevent the wealthy from leaving the country , @ @ @ @ @ leaving .
and then your freedom will be gone along with your country , and @ @ @ @ @ facto communist .

by alien123
If the Democrats win the White House, and Congress (House and Senate), it will be the end of a free USA.
Just like the Affordable Health Care Act, they will pass:
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free university education for all
forgiving all existing college loans
forgiving all credit card debt
universal basic income
free health care for all
free child care
the Green New Deal
expanding Welfare & Social Security
personal income limits
open borders
100% taxes
100% death taxes (can’t inherit from your parents)
they will spend all the money and bankrupt the country.
in order to prevent the wealthy from leaving the country, they will restrict people from leaving. and then your freedom will be gone along with your country, and the country will be de facto communist.
DemocratsNeverAgain


investmentwatchblog--2020-06-13--Prof. Jacobson is probably going to lose his job for telling the truth, so we may as well watch this

Prof. Jacobson is probably going to lose his job for telling the truth, so we may as well watch this – “It’s What Happened in the Cultural Revolution in China”

Yes , the left is a totalitarian , anti-first amendment mob .
Now , somebody come up with a solution @ @ @ @ @ blanche to fire who they want , even on political grounds , and liberals are @ @ @ @ @ speech , only those on the right ( or now , in the middle ) @ @ @ @ @ have thousands of examples already .

by Venus230
Yes, the left is a totalitarian, anti-first amendment mob.
Now, somebody come up with a solution.
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These colleges have carte blanche to fire who they want, even on political grounds, and liberals are NEVER censored or fired for speech, only those on the right (or now, in the middle).
Solutions needed, we have thousands of examples already.


investmentwatchblog--2020-06-13--Comedy Gold: TARGET Commercial: F#ck this Bullsh#T

After being called to task by Black Lives Matter protestors , Target has stepped up to become an ally .
@ @ @

After being called to task by Black Lives Matter protestors, Target has stepped up to become an ally. Wishful thinking.
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investmentwatchblog--2020-06-13--Beijing in ‘wartime emergency’ after virus cluster at food market…  Brazil now second in deaths…  Ca

Beijing in ‘wartime emergency’ after virus cluster at food market…  Brazil now second in deaths…  California, Florida, Texas ALL report highest daily infections

Beijing in ‘ wartime emergency ’ after virus cluster at food market… BEIJING ( Reuters ) – A Beijing district put itself on a “ wartime ” footing and the capital banned tourism and sports events on Saturday after a cluster of novel coronavirus infections centred around a major wholesale market sparked fears of a new wave of COVID-19 .
Forty-five people out of 517 tested with throat swabs at the Xinfadi market in the city ’ s southwestern Fengtai district had tested positive for the coronavirus , Chu Junwei , a district official , told a briefing .
None @ @ @ @ @ @ @ said , but added that 11 neighbourhoods in the vicinity of the market , which claims to be the largest agricultural wholesale market in Asia , had been locked down with 24-hour guards put in place .
“ In accordance with the principle of putting the safety of the masses and health first , we have adopted lockdown measures for the Xinfadi market and surrounding neighbourhoods , ” Chu said .
The district is in a “ wartime emergency mode , ” he added .
Brazil now second in deaths… Lockdowns were imposed @ @ @ @ @ @ @ try and prevent the spread of a new coronavirus cluster , highlighting the challenges that lie ahead even for places where outbreaks are under control .
It came as Brazil claimed the unenviable position of having the second-highest virus death toll worldwide behind the United States , with no sign the infection rate is slowing in Latin America .
Some of Europe ’ s hardest hit countries meanwhile are further emerging from lockdown , even as fingers are being pointed at who is to blame for the health and economic crisis .
CORONAVIRUS @ @ @ @ @ @ @ in Texas , Florida and California as many parts of the country continue to reopen for business .
Texas and Florida reported their high daily COVID-19 totals this week , according to The New York Times , and California hit a new standard last week and has nearly matched it .

Beijing in ‘wartime emergency’ after virus cluster at food market…
BEIJING (Reuters) – A Beijing district put itself on a “wartime” footing and the capital banned tourism and sports events on Saturday after a cluster of novel coronavirus infections centred around a major wholesale market sparked fears of a new wave of COVID-19.
Forty-five people out of 517 tested with throat swabs at the Xinfadi market in the city’s southwestern Fengtai district had tested positive for the coronavirus, Chu Junwei, a district official, told a briefing.
None were showing symptoms of COVID-19, he said, but added that 11 neighbourhoods in the vicinity of the market, which claims to be the largest agricultural wholesale market in Asia, had been locked down with 24-hour guards put in place.
“In accordance with the principle of putting the safety of the masses and health first, we have adopted lockdown measures for the Xinfadi market and surrounding neighbourhoods,” Chu said.
The district is in a “wartime emergency mode,” he added.
Brazil now second in deaths…
Lockdowns were imposed in parts of Beijing on Saturday to try and prevent the spread of a new coronavirus cluster, highlighting the challenges that lie ahead even for places where outbreaks are under control.
It came as Brazil claimed the unenviable position of having the second-highest virus death toll worldwide behind the United States, with no sign the infection rate is slowing in Latin America.
Some of Europe’s hardest hit countries meanwhile are further emerging from lockdown, even as fingers are being pointed at who is to blame for the health and economic crisis.
We are primarily funded by readers. Please subscribe and donate to support us!
California, Florida, Texas ALL report highest daily infections…
CORONAVIRUS infection rates are soaring to alarming levels in Texas, Florida and California as many parts of the country continue to reopen for business.
Texas and Florida reported their high daily COVID-19 totals this week, according to The New York Times, and California hit a new standard last week and has nearly matched it.
Hawaii grapples with Great Depression-level unemployment…
HOUSTON RELOCK?
‘COVID EXORCIST’ DIES…
Drones to monitor social distancing, mask wearing…
U.S. DEATHS: 114,669…
AMERICA SICK MAP…
WORLD SICK MAP…


investmentwatchblog--2020-06-13--A very good summary of the hypocrisy of the media…

Only a profoundly sick society would allow so many lies to be pushed upon them and “ believe ” them @ @ @ @ @ lies , but continue to pretend to believe because they are afraid to speak up @

by Venus230
Only a profoundly sick society would allow so many lies to be pushed upon them and “believe” them.
We are primarily funded by readers. Please subscribe and donate to support us!
Most individuals recognize these lies, but continue to pretend to believe because they are afraid to speak up.


investmentwatchblog--2020-06-13--And Why Doesn’t The Media Hold Them Accountable?

Why Can ’ t Big-City Democrats Reform the Police ?
Accusations of police brutality have persisted in our bluest cities for decades .
But when a cop does does something wrong , it gets blamed on the Republican in the White House .
The death of George Floyd , an African-American , at the hands of a white Minneapolis police officer has sparked weeks of urban protests—some marked by looting and violence—across the United States .
It has also brought fierce condemnations of President Donald Trump .
New York City mayor Bill de Blasio partly blamed the president for the @ @ @ @ @ @ @ been an uptick in tension and hatred and division since he came along , ” while Chicago mayor Lori Lightfoot said that she had a message for the president : “ It ’ s two words .
It begins with F and it ends with U.
” The New York Times , meantime , excoriated Trump for what the paper described as a “ violent ultimatum ” issued to unruly protestors , and former vice president Joe Biden charged Trump with “ calling for violence against American citizens during a moment of pain.
@ @ @ @ @ @ @ directed at Minneapolis ’ s political establishment .
The Democratic-Farmer-Labor Party ( a merger of Minnesota ’ s Democrats and the state ’ s Farmer-Labor Party ) has run the city since 1975 .
Instead , the New York Times ran a mild piece observing that , for Democratic leaders of Minneapolis and other cities , the violent events were “ testing their campaign promises and principles.
” The protests , the paper opined judiciously , necessitated “ careful calibration of liberal leaders , between projecting empathy for the protesters and denouncing property @ @ @ @ @ @ @ did acknowledge that the Minneapolis police department , currently run by a black police chief , has a “ long history of accusations of abuse.
” ) Floyd ’ s death was only the latest in a series of disturbing incidents that have fed a growing belief among African-Americans that they ’ re a target of abusive cops .
For many , today ’ s tragic events evoke the experiences of the 1960s , when blacks who had moved into northern cities clashed with hostile police departments , setting off similar destructive riots @ @ @ @ @ @ @ come to symbolize white power , white racism and white repression , ” the Kerner Commission ’ s 1968 report on the upheavals of that era declared .
Nearly 50 years later , the Justice Department , in a report on the Baltimore Police Department in the aftermath of Freddie Gray ’ s death in police custody in 2015 , concluded that “ the relationship between the Baltimore Police Department and many of the communities it serves is broken .
”

Why Can’t Big-City Democrats Reform the Police? Accusations of police brutality have persisted in our bluest cities for decades. But when a cop does does something wrong, it gets blamed on the Republican in the White House.
The death of George Floyd, an African-American, at the hands of a white Minneapolis police officer has sparked weeks of urban protests—some marked by looting and violence—across the United States. It has also brought fierce condemnations of President Donald Trump. New York City mayor Bill de Blasio partly blamed the president for the unrest, noting “there’s been an uptick in tension and hatred and division since he came along,” while Chicago mayor Lori Lightfoot said that she had a message for the president: “It’s two words. It begins with F and it ends with U.” The New York Times, meantime, excoriated Trump for what the paper described as a “violent ultimatum” issued to unruly protestors, and former vice president Joe Biden charged Trump with “calling for violence against American citizens during a moment of pain.”
Less anger, though, was directed at Minneapolis’s political establishment. The Democratic-Farmer-Labor Party (a merger of Minnesota’s Democrats and the state’s Farmer-Labor Party) has run the city since 1975. Instead, the New York Times ran a mild piece observing that, for Democratic leaders of Minneapolis and other cities, the violent events were “testing their campaign promises and principles.” The protests, the paper opined judiciously, necessitated “careful calibration of liberal leaders, between projecting empathy for the protesters and denouncing property destruction and theft.” (The Times did acknowledge that the Minneapolis police department, currently run by a black police chief, has a “long history of accusations of abuse.”)
Floyd’s death was only the latest in a series of disturbing incidents that have fed a growing belief among African-Americans that they’re a target of abusive cops. For many, today’s tragic events evoke the experiences of the 1960s, when blacks who had moved into northern cities clashed with hostile police departments, setting off similar destructive riots. “To some Negroes police have come to symbolize white power, white racism and white repression,” the Kerner Commission’s 1968 report on the upheavals of that era declared. Nearly 50 years later, the Justice Department, in a report on the Baltimore Police Department in the aftermath of Freddie Gray’s death in police custody in 2015, concluded that “the relationship between the Baltimore Police Department and many of the communities it serves is broken.”


investmentwatchblog--2020-06-13--CA court suspends Governor Gavin Newsom’s cheat-by-mail voting order as unconstitutional, bars him f

CA court suspends Governor Gavin Newsom’s cheat-by-mail voting order as unconstitutional, bars him from making any new orders on voting

YUBA CITY – Today a State Superior Court judge granted Assemblymembers James Gallagher ( R-Yuba City ) and Kevin Kiley @ @ @ @ @ request for a Temporary Restraining Order against Governor Gavin Newsom .
The restraining order suspends @ @ @ @ @ Executive Order N-67-20regarding the conduct of elections , and further restrains him from “ exercising @ @ @ @ @ violation of the California Constitution and applicable statute , specifically from unilaterally amending , altering @ @ @ @ @ law or making new statutory law.
” The Governor ’ s Executive Order changed a @ @ @ @ @ , including the elimination of public meetings with protected groups such as Californians with disabilities @ @ @ @ @ Click here to read the entire order issued today in Sutter County Superior Court .

YUBA CITY – Today a State Superior Court judge granted Assemblymembers James Gallagher (R-Yuba City) and Kevin Kiley’s (R-Rocklin) request for a Temporary Restraining Order against Governor Gavin Newsom. The restraining order suspends the Governor’s recent Executive Order N-67-20regarding the conduct of elections, and further restrains him from “exercising any further legislative powers in violation of the California Constitution and applicable statute, specifically from unilaterally amending, altering, or changing existing statutory law or making new statutory law.”
The Governor’s Executive Order changed a variety of state election laws, including the elimination of public meetings with protected groups such as Californians with disabilities and limited English proficiency.
Click here to read the entire order issued today in Sutter County Superior Court.


investmentwatchblog--2020-06-13--Brad Parscale: Trump #MAGA Rally in Tulsa: Over a Quarter of a Million Tickets Already

Correction now 300,000 !
Going to be epic !
t.co/36wBjA7duT Trump # MAGA Rally in Tulsa is hottest ticket ever @ @ @ @ @ & it ’ s not even political season .
Looking at a 2nd event in @ @ @ @ @ to be w/ @ realDonaldTrump .
Gon na be GREAT in the most open state @ @ @

Correction now 300,000! Going to be epic! t.co/36wBjA7duT
Trump #MAGA Rally in Tulsa is hottest ticket ever!
Over 200K tickets already & it’s not even political season.
Looking at a 2nd event in town to get more people to be w/@realDonaldTrump.
Gonna be GREAT in the most open state in nation!
Register 👇t.co/5op5tdMXfc
— Brad Parscale (@parscale) June 12, 2020


investmentwatchblog--2020-06-13--NBC/MSNBC News Contributor Hugh Hewitt: “I doubt @realDonaldTrump has been briefed in detail, but th

NBC/MSNBC News Contributor Hugh Hewitt: “I doubt @realDonaldTrump has been briefed in detail, but the AG is signaling a kaboom is coming”

I doubt @ realDonaldTrump has been briefed in detail , but the AG is signaling a kaboom is coming , @ @ @ @ @ Elites continue to mostly ignore biggest political scandal in our history : the attempt to @ @ @ @ @ enforcement ( and intel community ? )
senior officials .

Hugh Hewitt
@hughhewitt
NBC/MSNBC News Contributor
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I doubt @realDonaldTrump has been briefed in detail, but the
AG is signaling a kaboom is coming, and I hope soon. Elites
continue to mostly ignore biggest political scandal in our
history: the attempt to unseat @POTUS by law enforcement
(and intel community?) senior officials.
I doubt @realDonaldTrump has been briefed in detail, but the AG is signaling a kaboom is coming, and I hope soon. Elites continue to mostly ignore biggest political scandal in our history: the attempt to unseat @POTUS by law enforcement (and intel community?) senior officials. t.co/20UzLwje6q — Hugh Hewitt (@hughhewitt) June 11, 2020


investmentwatchblog--2020-06-13--To Beat Biden, Trump Needs Only To Post This Video On Twitter In October

Paul Joseph Watson posted this in November 2017 .
It isn ’ t new , but America needs to be @ @ @ @ @ repugnant perv Biden really is :

Paul Joseph Watson posted this in November 2017. It isn’t new, but America needs to be reminded of just what a repugnant perv Biden really is:
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h/t DS