investmentwatchblog--2020-12-06--Everytime $DXY was this oversold and outside of the bollinger band it bounced violently. Take cover!

Everytime $ DXY was this oversold and outside of the bollinger band it bounced violently .
Take cover !
pic.twitter.com/etXmwj9lMu @ @ @ @ @ FED raised the rates to limit speculation in the markets and the economy ended up @ @ @ @ @ 2020 they lowered the rates and speculation went through the roof .
To limit this @ @ @ @ @ package until the markets corrects .
pic.twitter.com/mUTEN0oyvB The Dollar is Crashing !
And yes I @ @ @ @ @ t.co/A47ipqw9mX I really feel sorry for anyone short USD right now.t.co/6xL5Wz2t7L Read my weekly report @ @ @ @ @ Silver , Bitcoin and DXY .
pic.twitter.com/jvVMG5TG6G

Everytime $DXY was this oversold and outside of the bollinger band it bounced violently. Take cover! pic.twitter.com/etXmwj9lMu
Yikes for anyone short USD.
My thoughts: In 1929 FED raised the rates to limit speculation in the markets and the economy ended up in a depression. In 2020 they lowered the rates and speculation went through the roof. To limit this speculation they withhold the stimulus package until the markets corrects. pic.twitter.com/mUTEN0oyvB
The Dollar is Crashing! And yes I'm still #DollarBullish . t.co/A47ipqw9mX
I really feel sorry for anyone short USD right now.t.co/6xL5Wz2t7L
Read my weekly report where I cover Gold, Silver, Bitcoin and DXY. pic.twitter.com/jvVMG5TG6G
— Hoz ギンコ (@GinkoHoz) December 6, 2020


investmentwatchblog--2020-12-06--What country increased its debt by 170% in 12 years and expanded its money supply 4 fold in the same

What country increased its debt by 170% in 12 years and expanded its money supply 4 fold in the same time frame? No, it’s not Zimbabwe.

What country increased its debt by 170 % in 12 years and expanded its money supply 4 fold in the @ @ @ @ @ , it 's not Zimbabwe .
This is America : pic.twitter.com/DEp6h2sqPP

What country increased its debt by 170% in 12 years and expanded its money supply 4 fold in the same time frame?
No, it's not Zimbabwe.
This is America: pic.twitter.com/DEp6h2sqPP
— Sven Henrich (@NorthmanTrader) December 6, 2020


investmentwatchblog--2020-12-06--We’ve never had it so good: Stock markets have topped a MAGICAL mark! Is Tesla a sign of bubble-like

We’ve never had it so good: Stock markets have topped a MAGICAL mark! Is Tesla a sign of bubble-like tendencies in “growth” US equities, or the start of a new era,?

More than $ 7 billion was pulled from the $ 172 billion Vanguard S & P 500 ETF ( VOO @ @ @ @ @ this week , according to data compiled by Bloomberg , about 4 % of the @ @ @ @ @ But trading volumes were below the one-year average and there were no obvious outsized transactions @ @ @ @ @ benchmark rose on the day — making a mass exodus less appealing .

YEAH! We've never had it so good: Stock markets have topped a MAGICAL mark! Global equities now worth $100TRILLION – and so we -, highest value in human history, and equal to 115% of global GDP. pic.twitter.com/4JTknFUWNj — Holger Zschaepitz (@Schuldensuehner) December 6, 2020
Is Tesla a sign of bubble-like tendencies in “growth” US equities, or the start of a new era,? DB asks. Tesla is now among the top 10 biggest companies in the world and over half the size of the ENTIRE US, EU and Japanese Auto markets. pic.twitter.com/U8Qgvdxib8 — Holger Zschaepitz (@Schuldensuehner) December 6, 2020
Total option volume and equity spec futures positioning. Charts suggesting we are in uncharted waters. t.co/C1kpxPQYND pic.twitter.com/OQofjmb6DF — Chris Carolan $=1/∞ (@spiralcal) December 5, 2020
DOW is also up against the monthly line rail off the 1929 high. I believe this rail is why there is a pattern building here. Big inflection point. $DJI $SPX t.co/aeMAjHDF8J pic.twitter.com/Yl6ZdwqQWW — Schism (@jatkinson33) December 5, 2020
Last week, U.S. options traders opened 94.8 million new equity and ETF contracts. Speculators, the small ones buying 20.5 million At 21.6% of total volume, that's a record high.
h/t @sentimentrader pic.twitter.com/ubRrTPtu4O — Gianluca De Stefano (@Theimmigrant84) December 6, 2020
Mystery Surrounds $7 Billion Outflow From Vanguard S&P 500 Fund
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More than $7 billion was pulled from the $172 billion Vanguard S&P 500 ETF (VOO) on a single day this week, according to data compiled by Bloomberg, about 4% of the fund’s assets. But trading volumes were below the one-year average and there were no obvious outsized transactions, while the U.S. equity benchmark rose on the day — making a mass exodus less appealing.


investmentwatchblog--2020-12-06--Robot now making smoothies in WALMART in less than 3 mins

• Jamba has teamed up with Blendid , a robot smoothie maker , to unveil a Jamba by Blendid kiosk @ @ @ @ @ , California .
• The menu includes Blendid smoothies , smoothies developed by the partnering @ @ @ @ @ ” by Jamba flavors , and Jamba Boosts .
• The Blendid kiosk uses an @ @ @ @ @ system with a robotic arm , blenders , a refrigerator , and ingredient dispensers .
@ @ @ @ @ Blendid , a robot smoothie maker , to unveil the first Jamba by Blendid kiosk @ @ @ @ @ service and retail trends , especially during COVID-19 times , the kiosk is contactless and @ @ @ @ @ Jamba by Blendid opportunity speaks to both brands ’ strengths and adaptabilities during unprecedented times @ @ @ @ @ dining option leveraging the latest digital and consumer robotics technology , ” according to the @ @ @ @ @ co-partnered kiosk .

Jamba has teamed up with Blendid, a robot smoothie maker, to unveil a Jamba by Blendid kiosk at a Walmart in Dixon, California.
The menu includes Blendid smoothies, smoothies developed by the partnering companies that were “inspired” by Jamba flavors, and Jamba Boosts.
The Blendid kiosk uses an artificial intelligence and machine learning-powered system with a robotic arm, blenders, a refrigerator, and ingredient dispensers.
Jamba has teamed up with Blendid, a robot smoothie maker, to unveil the first Jamba by Blendid kiosk.
In line with food service and retail trends, especially during COVID-19 times, the kiosk is contactless and operates autonomously.
We are primarily funded by readers. Please subscribe and donate to support us!
“The Jamba by Blendid opportunity speaks to both brands’ strengths and adaptabilities during unprecedented times, while introducing a contactless dining option leveraging the latest digital and consumer robotics technology,” according to the news release announcing the new co-partnered kiosk.
www.businessinsider.com/jamba-using-robot-arm-smoothies-blendid-walmart-2020-12


investmentwatchblog--2020-12-06--Pfizer former V.P. tells E.U. to immediately halt covid vaccine due to female infertility .

Former Pfizer vice president and scientific director Dr. Michael Yeadon and German lung specialist and parliamentarian Dr. Wolfgang Wodarg have filed an urgent application with the European Medicine Agency calling for the immediate suspension of all SARS-CoV-2 vaccine studies – particularly the BioNtech/Pfizer study on BNT162b ( EudraCT number 2020-002641-42 ) .
Yeadon and Wodarg say the studies should be halted until a design study is available which addresses a host of serious safety concerns expressed by a growing body of renowned scientists who are skeptical of how quickly the vaccines are being developed , according to Germany ’ s @ @ @ @ @ @ @ , the petitioners demand that , due to the known lack of accuracy of the PCR test in a serious study , a so-called Sanger sequencing must be used .
This is the only way to make reliable statements on the effectiveness of a vaccine against Covid-19 .
On the basis of the many different PCR tests of highly varying quality , neither the risk of disease nor a possible vaccine benefit can be determined with the necessary certainty , which is why testing the vaccine on humans is unethical per se .
@ @

Former Pfizer vice president and scientific director Dr. Michael Yeadon and German lung specialist and parliamentarian Dr. Wolfgang Wodarg have filed an urgent application with the European Medicine Agency calling for the immediate suspension of all SARS-CoV-2 vaccine studies – particularly the BioNtech/Pfizer study on BNT162b (EudraCT number 2020-002641-42).
Yeadon and Wodarg say the studies should be halted until a design study is available which addresses a host of serious safety concerns expressed by a growing body of renowned scientists who are skeptical of how quickly the vaccines are being developed, according to Germany’s 2020 News.
We are primarily funded by readers. Please subscribe and donate to support us!
On the one hand, the petitioners demand that, due to the known lack of accuracy of the PCR test in a serious study, a so-called Sanger sequencing must be used. This is the only way to make reliable statements on the effectiveness of a vaccine against Covid-19. On the basis of the many different PCR tests of highly varying quality, neither the risk of disease nor a possible vaccine benefit can be determined with the necessary certainty, which is why testing the vaccine on humans is unethical per se. –2020 News
www.zerohedge.com/medical/ex-pfizer-exec-demands-eu-halt-covid-19-vaccine-studies-over-indefinite-infertility-and


investmentwatchblog--2020-12-06--China fired up its Hl-2M Tokamak nuclear fusion reactor for the first time. It is also called “artif

China fired up its Hl-2M Tokamak nuclear fusion reactor for the first time. It is also called “artificial sun” 150 million degrees Celsius

NEW – # China fired up its Hl-2M Tokamak nuclear fusion reactor for the first time .
It is also @ @ @ @ @ '' because of the temperatures it generates : 150 million degrees Celsius .
This makes @ @ @ @ @ the sun 's core .
pic.twitter.com/7fWKIcBkyJ

NEW – #China fired up its Hl-2M Tokamak nuclear fusion reactor for the first time. It is also called the "artificial sun" because of the temperatures it generates: 150 million degrees Celsius. This makes it ten times hotter than the sun's core. pic.twitter.com/7fWKIcBkyJ
— Disclose.tv 🚨 (@disclosetv) December 6, 2020


investmentwatchblog--2020-12-06--More then half of first responders will not get the covid19 vaccine! and it will NOT be mandatory in

More then half of first responders will not get the covid19 vaccine! and it will NOT be mandatory in NY State!

More than half of New York City firefighters say they won ’ t be vaccinated for COVID-19 when the potentially life-saving shot becomes available to first responders in a matter of weeks , according to a new internal survey .
About 55 percent of 2,053 smoke-eaters polled in the last three days by their union , the Uniformed Firefighters Association , answered “ No ” when asked , “ Will you get the COVID-19 Vaccine from Pfizer when the Department makes it available ?
” UFA President Andy Ansbro told The Post .
The responses account for about 25 percent @ @ @ @ @ @ @ members .
The stunning anti-vax response follows an August survey of MTA workers that showed only 30 percent of 645 respondents were definitely willing to be vaccinated .
Thirty-eight percent were unsure and 32 percent said they would not take the vaccine , according to the poll of Transport Workers Union members conducted by the NYU School of Global Public Health .
If the survey results become the reality , it would mean thousands of NYC ’ s first responders and other essential frontline workers would continue to be vulnerable to the virus @ @ @ @ @ @ @ announced last week it would not make the vaccine mandatory for its members , a policy expected to be followed by all city agencies and even hospitals .

More than half of New York City firefighters say they won’t be vaccinated for COVID-19 when the potentially life-saving shot becomes available to first responders in a matter of weeks, according to a new internal survey.
About 55 percent of 2,053 smoke-eaters polled in the last three days by their union, the Uniformed Firefighters Association, answered “No” when asked, “Will you get the COVID-19 Vaccine from Pfizer when the Department makes it available?” UFA President Andy Ansbro told The Post. The responses account for about 25 percent of the UFA’s 8,200 active members.
The stunning anti-vax response follows an August survey of MTA workers that showed only 30 percent of 645 respondents were definitely willing to be vaccinated. Thirty-eight percent were unsure and 32 percent said they would not take the vaccine, according to the poll of Transport Workers Union members conducted by the NYU School of Global Public Health.
If the survey results become the reality, it would mean thousands of NYC’s first responders and other essential frontline workers would continue to be vulnerable to the virus and remain potential spreaders.
The FDNY announced last week it would not make the vaccine mandatory for its members, a policy expected to be followed by all city agencies and even hospitals.
We are primarily funded by readers. Please subscribe and donate to support us!
nypost.com/2020/12/05/these-nyc-first-responders-fear-covid-19-vaccine-side-effects/


investmentwatchblog--2020-12-06--U.K. announces that passports will soon include vaccine stamps

( Natural News ) By the time 2021 rolls around , Brits who wish to travel by air will have to show that they have been vaccinated for the Wuhan coronavirus ( Covid-19 ) .
This was the announcement that came from the Department for Transport , a U.K. agency that has decided to require that travelers show “ vaccine stamps ” in their passports before being allowed to travel .
Conservative M.P .
James Sunderland , a vehement supporter of mandatory WuFlu vaccination , told the media that because pets already require a vaccination passport in order to travel @ @ @ @ @ @ @ next step is for humans to have the same .
“ We must do everything possible to boost the economy by reopening our travel , hospitality , leisure , and business sectors , and how fantastic would it be to have our planes , trains , and boats full again , ” Sunderland stated , adding that mandatory vaccination for the Chinese Virus is “ a fantastic way of ensuring freedom of movement for people.
” “ A vaccination stamp is simple , would save all the hassle at either end , and @ @ @ @ @ @ @ Courts is likewise said to be “ upbeat and supportive ” of the idea , as is Prime Minister Boris Johnson , who stated earlier this month that his transport secretary , Grant Shapps , is in the process of “ looking at all such schemes ” that involve forcing people to get jabbed in order to resume traveling post-Covid .
To keep up with the latest news about the Communist Chinese Virus , be sure to check out Pandemic.news .
U.K. also considering “ freedom passes ” as condition of ending lockdowns @ @ @ @ @ @ @ , Korean Air and New Zealand Air have indicated strong support for the plan , as they say their respective governments are already considering making Wuhan influenza vaccines mandatory for their populations .
Ryanair , however , has said that vaccine stamps will likely not be required because mandating Covid-19 vaccines in Europe as a condition of travel is unfeasible and would probably never be accepted or supported by Europeans and their respective governments .
“ With short-haul and freedom of movement of people in Europe … I think we ’ ll see @ @ @ @ @ @ @ early summer , not really relevant for short-haul and European travel , ” stated Eddie Wilson , head of the Ireland-based airline .
“ In Paris , if you were to choose no vaccination … you ’ d just get a train instead , ” he added .
Back in the U.K. , the vaccine stamp idea is apparently not draconian enough as the country is also considering the implementation of so-called “ freedom passes , ” which are being dangled like carrots in front of Brits who are anxious to escape lockdown @ @ @ @ @ @ @ freedom passes ” would be given to people who test negative for the Chinese Virus twice in a week , allowing them to see their families and travel throughout the country without a mask just so long as they can show the appropriate “ certificate ” on their smartphones .
News about the vaccine stamps and “ freedom passes ” riled up a massive protest in London , where Londoners and those who traveled there from other areas to participate were heard and seen chanting things like shove your new world order up @ @ @ @ @ @ @ developing into a tyrannical controlling state , ” wrote one Breitbart News commenter , apparently late to the party as the U.K. has long been one of the most tyrannical countries on the planet .
“ The commies would be proud of it.
” “ Every western nation is going to suffer this fate unless the people resist , ” warned another .
“ Marching won ’ t stop this , protests won ’ t stop this , resistance will.
” Yet another asked the very pertinent question as to when the implantable @ @ @ @ @ @ @ would be the “ next step for control ” over the people of the U.K. and beyond .

by: Ethan Huff
(Natural News) By the time 2021 rolls around, Brits who wish to travel by air will have to show that they have been vaccinated for the Wuhan coronavirus (Covid-19).
This was the announcement that came from the Department for Transport, a U.K. agency that has decided to require that travelers show “vaccine stamps” in their passports before being allowed to travel.
Conservative M.P. James Sunderland, a vehement supporter of mandatory WuFlu vaccination, told the media that because pets already require a vaccination passport in order to travel between the U.K. and Europe that the next step is for humans to have the same.
“We must do everything possible to boost the economy by reopening our travel, hospitality, leisure, and business sectors, and how fantastic would it be to have our planes, trains, and boats full again,” Sunderland stated, adding that mandatory vaccination for the Chinese Virus is “a fantastic way of ensuring freedom of movement for people.”
“A vaccination stamp is simple, would save all the hassle at either end, and really boost confidence.”
Aviation Minister Robert Courts is likewise said to be “upbeat and supportive” of the idea, as is Prime Minister Boris Johnson, who stated earlier this month that his transport secretary, Grant Shapps, is in the process of “looking at all such schemes” that involve forcing people to get jabbed in order to resume traveling post-Covid.
To keep up with the latest news about the Communist Chinese Virus, be sure to check out Pandemic.news.
U.K. also considering “freedom passes” as condition of ending lockdowns
Some airlines like Qantas (Australia), Korean Air and New Zealand Air have indicated strong support for the plan, as they say their respective governments are already considering making Wuhan influenza vaccines mandatory for their populations.
Ryanair, however, has said that vaccine stamps will likely not be required because mandating Covid-19 vaccines in Europe as a condition of travel is unfeasible and would probably never be accepted or supported by Europeans and their respective governments.
“With short-haul and freedom of movement of people in Europe … I think we’ll see an entirely different landscape come spring and early summer, not really relevant for short-haul and European travel,” stated Eddie Wilson, head of the Ireland-based airline.
We are primarily funded by readers. Please subscribe and donate to support us!
“In Paris, if you were to choose no vaccination … you’d just get a train instead,” he added.
Back in the U.K., the vaccine stamp idea is apparently not draconian enough as the country is also considering the implementation of so-called “freedom passes,” which are being dangled like carrots in front of Brits who are anxious to escape lockdown imprisonment.
According to reports, “freedom passes” would be given to people who test negative for the Chinese Virus twice in a week, allowing them to see their families and travel throughout the country without a mask just so long as they can show the appropriate “certificate” on their smartphones.
News about the vaccine stamps and “freedom passes” riled up a massive protest in London, where Londoners and those who traveled there from other areas to participate were heard and seen chanting things like shove your new world order up your a**.
“The U.K. is developing into a tyrannical controlling state,” wrote one Breitbart News commenter, apparently late to the party as the U.K. has long been one of the most tyrannical countries on the planet. “The commies would be proud of it.”
“Every western nation is going to suffer this fate unless the people resist,” warned another. “Marching won’t stop this, protests won’t stop this, resistance will.”
Yet another asked the very pertinent question as to when the implantable chips are coming, and whether that would be the “next step for control” over the people of the U.K. and beyond.
Sources for this article include:
Breitbart.com
NaturalNews.com


DURHAM REPORT RELEASED

Trump campaign aide had NOT been a source for CIA , “ defendant 's offense was a very serious one @ @ @ @ @ reflects political or personal bias may have motivated or contributed to his offense conduct '' @ @ @

Trump campaign aide had NOT been a source for CIA, “defendant's offense was a very serious one with significant repercussions..public record also reflects political or personal bias may have motivated or contributed to his offense conduct" @ClareHymes22 t.co/vbnoWEESK9
— Catherine Herridge (@CBS_Herridge) December 4, 2020


investmentwatchblog--2020-12-06--Ruby Freeman in Georgia “I need an attorney, this is bigger than me” (Regarding Georgia suitcases fi

Ruby Freeman in Georgia “I need an attorney, this is bigger than me” (Regarding Georgia suitcases filled with ballots video)

VIDEO : Asked if he still had confidence in Attorney General Bill Barr , Pres .
Trump says , `` @ @ @ @ @ number of weeks from now . ''

Timestamp: 4:50
WATCH: Video footage from Georgia shows suitcases filled with ballots pulled from under a table AFTER supervisors told poll workers to leave room and 4 people stayed behind to keep counting votes pic.twitter.com/AcbTI1pxn4
— Team Trump (Text TRUMP to 88022) (@TeamTrump) December 3, 2020


investmentwatchblog--2020-12-06--Owner of macs bar that declared itself autonomous zone in NYC has been arrested for attempted murder

Owner of macs bar that declared itself autonomous zone in NYC has been arrested for attempted murder of a cop!

they are going to make an example out of this guy… .
The co-owner of a Staten Island bar that has kept serving customers in violation of COVID-19 restrictions was arrested again late Saturday — this time for allegedly ramming his car into a Sheriff ’ s deputy , according to law enforcement sources .
Danny Presti , co-owner of Mac ’ s Public House in Grant City , was being held early Sunday at the borough ’ s 122nd Precinct , police said .
A Sheriff ’ s deputy who Presti allegedly drove into remained at Staten Island University @ @ @ @ @ @ @ thrown onto the hood of the bar owner ’ s car , a law enforcement source alleged to The Post .
The deputy ’ s condition was not clear early Sunday .
The incident happened shortly after Mac ’ s closed for the night at 10 p.m. on Saturday , the source said .
The bar has continued to serve customers food and drink indoors throughout the week despite strict COVID-19 restrictions limiting them to take-out only , and on Saturday night , patrons were being being let inside through an adjacent address @ @ @ @ @ @ @ ’ s deputy who posed as a customer was able to get inside , and established that alcohol was being sold in violation of strict state “ orange zone ” restrictions and despite Mac ’ s liquor license having been revoked , the source alleged .
When the bar closed at 10 p.m. , surveilling Sheriff ’ s deputies waited until the crowd of customers dispersed , then moved to issue Presti another summons some distance from the bar , the source said .
But Presti jumped into his car and drove into @ @ @ @ @ @ @ officer flying onto the hood — an assault that has been captured on video , the source alleged .
Charges against Presti were still pending early Sunday ; his attorney could not immediately be reached for comment .
The pub has been a flashpoint for frustration over strict COVID-19 restrictions by business owners since Gov .
Cuomo cracked down on the southern part of the borough on Nov. 23 , acting on a spike that had tripled hospitalizations borough wide .
Mac ’ s declared itself an “ autonomous zone , ” and @ @ @ @ @ @ @ , a shut-down order by the state Health Department and the revocation of its liquor license .

charges are pending….
they are going to make an example out of this guy….
nypost.com/2020/12/06/autonomous-zone-bar-owner-jailed-after-driving-car-into-cop/
We are primarily funded by readers. Please subscribe and donate to support us!
The co-owner of a Staten Island bar that has kept serving customers in violation of COVID-19 restrictions was arrested again late Saturday — this time for allegedly ramming his car into a Sheriff’s deputy, according to law enforcement sources.
Danny Presti, co-owner of Mac’s Public House in Grant City, was being held early Sunday at the borough’s 122nd Precinct, police said.
A Sheriff’s deputy who Presti allegedly drove into remained at Staten Island University Hospital for injuries sustained when he was thrown onto the hood of the bar owner’s car, a law enforcement source alleged to The Post.
The deputy’s condition was not clear early Sunday.
The incident happened shortly after Mac’s closed for the night at 10 p.m. on Saturday, the source said.
The bar has continued to serve customers food and drink indoors throughout the week despite strict COVID-19 restrictions limiting them to take-out only, and on Saturday night, patrons were being being let inside through an adjacent address, the source alleged.
A Sheriff’s deputy who posed as a customer was able to get inside, and established that alcohol was being sold in violation of strict state “orange zone” restrictions and despite Mac’s liquor license having been revoked, the source alleged.
When the bar closed at 10 p.m., surveilling Sheriff’s deputies waited until the crowd of customers dispersed, then moved to issue Presti another summons some distance from the bar, the source said.
But Presti jumped into his car and drove into one of the deputies, sending the officer flying onto the hood — an assault that has been captured on video, the source alleged.
Charges against Presti were still pending early Sunday; his attorney could not immediately be reached for comment.
The pub has been a flashpoint for frustration over strict COVID-19 restrictions by business owners since Gov. Cuomo cracked down on the southern part of the borough on Nov. 23, acting on a spike that had tripled hospitalizations borough wide.
Mac’s declared itself an “autonomous zone,” and remained open despite a stack of fines, a shut-down order by the state Health Department and the revocation of its liquor license.
AC


investmentwatchblog--2020-12-06--Trump team to conduct forensic audit on 22 voting machines.

.
@ JennaEllisEsq on the Antrim County , Michigan judge that gave Team Trump access to 22 Dominion voting machines @ @ @ @ @ TODAY !
pic.twitter.com/SbzGSIuKQx

.@JennaEllisEsq on the Antrim County, Michigan judge that gave Team Trump access to 22 Dominion voting machines to conduct a forensic audit TODAY! pic.twitter.com/SbzGSIuKQx
— Team Trump (Text TRUMP to 88022) (@TeamTrump) December 6, 2020


investmentwatchblog--2020-12-06--According to the CDC, there is no flu season

Week 48 ( ending 11/28/2020 ) No .
of specimens tested 17,104 No .
of positive specimens ( % ) @ @ @ @ @ Positive specimens by type Influenza A 10 ( 58.8 % ) Influenza B 7 ( @ @ @ @ @ of specimens tested 195,300 No .
of positive specimens ( % ) 429 ( 0.2 @ @ @ @ @ type Influenza A 214 ( 49.9 % ) Influenza B 215 ( 50.1 % ) @ @ @ @ @ fascist overlords are still pushing a vaccine that causes more deaths and injuries than the @ @ @ @ @ unusually low at this time but may increase in the coming months .
An annual @ @ @ @ @ way to protect against flu and its potentially serious complications .
If you haven ’ @ @ @ @ @ yet , get vaccinated now .
There are also flu antiviral drugs that can be @ @ @ @ @ .

From the CDC Weekly Influenza Survey:
Week 48 (ending 11/28/2020)
No. of specimens tested 17,104
No. of positive specimens (%) 17 (0.1%)
Positive specimens by type
Influenza A 10 (58.8%)
Influenza B 7 (41.2%)
Data Cumulative as of 9/27/2020
No. of specimens tested 195,300
No. of positive specimens (%) 429 (0.2%)
Positive specimens by type
Influenza A 214 (49.9%)
Influenza B 215 (50.1%)
No flu, but the fascist overlords are still pushing a vaccine that causes more deaths and injuries than the flu:
Flu activity is unusually low at this time but may increase in the coming months.
We are primarily funded by readers. Please subscribe and donate to support us!
An annual flu vaccine is the best way to protect against flu and its potentially serious complications.
If you haven’t gotten your flu vaccine yet, get vaccinated now.
There are also flu antiviral drugs that can be used to treat flu illness.
www.cdc.gov/flu/weekly/index.htm
h/t Happy in Nature


investmentwatchblog--2020-12-06--Update on US Treasury Debt, Demographic Causation, & Ongoing Federal Reserve Yield Curve Control

2020 has been quite a ride and although we ’ ve still a month to go , lets review US debt and interest rates .
US marketable Treasury debt has increased by $ 4.2 trillion dollars thus far in 2020 .
This has driven US Treasury debt to $ 27.4 trillion .
But nearly all the growth is coming among the marketable Treasury debt…while the demographically driven Intragovernmental ( IG ) debt ( SS holdings , etc . )
are in the process of rolling over .
Looking at annual change in marketable and IG debt ( below ) , @ @ @ @ @ @ @ clear .
It is an explosion of federal marketable debt but concurrently , it is an unexpected and unplanned collapse in under 60 year old population that is coinciding with ZIRP , and an orgy of debt .
While population growth in 2019 fell to just 1.55 million , 2020 will likely see less than total population growth of 1 million .
All the net growth will be among 60+ year olds ( +1.9 million ? )
while the under 60 year old population will decline by 800,000…or perhaps a decline as in @ @ @ @ @ @ @ demographic pyramid , countered by the Federal Reserves ZIRP , QE , and federal government deficit spending is a bridge to nowhere ( oh , where could I have heard this before ?
?
? )
.
The only duration of US Treasury debt which the Federal Reserve has not yet broken new high ground during the latest round of QE is the 5 to 10 year duration ( below ) …but that is only a month or two away at the current pace .
Federal Reserve held less than one year Treasury @ @ @ @ @ @ @ interest rate .
The short rates continues to be pegged to the floor while Fed net purchasing continues .
Mid duration Fed holdings have nearly made it back to the peak QE holdings , and although the 10yr is lurking at 2020 highs , rates continue to be lower than any previous time in history .
The 10 year is the foundation upon which the 30 year mortgage is based , and between the Fed ’ s T purchases and MBS buying , the Fed is dead set on pushing mortgage rates ever @ @ @ @ @ @ @ in the refi and housing bubbles .
As for the long bond , Fed holdings continue skyrocketing and funny enough , rates just haven ’ t been able to return to any of the previous range that rates inhabited prior to the Fed ’ s Yield Curve Control .
Any breakout from here will almost surely be countered by a quickening of Federal Reserve purchasing .
It ’ s that serious and that important that the Fed not allow “ free markets ” to determine the true rates of US debt .

by C Hamilton
2020 has been quite a ride and although we’ve still a month to go, lets review US debt and interest rates.
US marketable Treasury debt has increased by $4.2 trillion dollars thus far in 2020. This has driven US Treasury debt to $27.4 trillion. But nearly all the growth is coming among the marketable Treasury debt…while the demographically driven Intragovernmental (IG) debt (SS holdings, etc.) are in the process of rolling over.
Looking at annual change in marketable and IG debt (below), the aberration that is 2020 should be clear. It is an explosion of federal marketable debt but concurrently, it is an unexpected and unplanned collapse in under 60 year old population that is coinciding with ZIRP, and an orgy of debt. While population growth in 2019 fell to just 1.55 million, 2020 will likely see less than total population growth of 1 million. All the net growth will be among 60+ year olds (+1.9 million?) while the under 60 year old population will decline by 800,000…or perhaps a decline as in excess of 1 million. This inverting demographic pyramid, countered by the Federal Reserves ZIRP, QE, and federal government deficit spending is a bridge to nowhere (oh, where could I have heard this before???).
As for who is buying all this Treasury debt, it isn’t foreigners, and it isn’t banks, insurers, or the general US public looking for 1% yields. It is the Federal Reserve that is maintaining a bid at anything near these rates.
Below, reviewing the Federal Reserves balance sheet, split between holdings of collective Treasury debt and MBS (Mortgage backed securities) vs dollar swap lines, repo’s, etc. “Markets” have become dependent on the Federal Reserves consistent and reliable purchasing of US debt to maintain “confidence” in what is otherwise a broken market.
The only duration of US Treasury debt which the Federal Reserve has not yet broken new high ground during the latest round of QE is the 5 to 10 year duration (below)…but that is only a month or two away at the current pace. We are primarily funded by readers. Please subscribe and donate to support us!
To understand the impact that the Fed’s purchasing has had to distort and avoid free market pricing, consider the following charts showing the Fed’s holdings and the impact on relevant interest rates.
Federal Reserve held less than one year Treasury debt and the resultant 3 month Treasury interest rate. The short rates continues to be pegged to the floor while Fed net purchasing continues.
Like the three month Treasury, the three 3 year continues to lurk near the lowest rates in US history…as long as the Fed continues to remain a net purchaser.
Mid duration Fed holdings have nearly made it back to the peak QE holdings, and although the 10yr is lurking at 2020 highs, rates continue to be lower than any previous time in history. The 10 year is the foundation upon which the 30 year mortgage is based, and between the Fed’s T purchases and MBS buying, the Fed is dead set on pushing mortgage rates ever lower…to maintain the last of the air in the refi and housing bubbles.
As for the long bond, Fed holdings continue skyrocketing and funny enough, rates just haven’t been able to return to any of the previous range that rates inhabited prior to the Fed’s Yield Curve Control. Any breakout from here will almost surely be countered by a quickening of Federal Reserve purchasing. It’s that serious and that important that the Fed not allow “free markets” to determine the true rates of US debt.
No time for further thoughts tonight…big day of late season hiking tomorrow…and not really sure what I’d say, anyway, beyond the fact that the Fed will control rates, even if they have to print unlimited money to do so. You could probably (almost) take that one to the bank.


investmentwatchblog--2020-12-06--Feds Admit $2.3 Trillion In Improper Payments…

1 .
Total Mistakes : $ 175 billion in estimated improper payments reported by the 20 largest federal agencies , averaging $ 14.6 billion per month – Total ( FY2004-FY2019 ) : $ 2.25 trillion .
2 .
Worst Programs – $ 121 billion ( approximately 69 percent ) in improper payments occurred within three program areas – Medicaid , Medicare , and Earned Income Tax Credit .
3 .
Claw Back – only $ 21.1 billion of the $ 175 billion improper payments during 2019 was recaptured — that ’ s only 14 cents on every dollar misspent .
@ @ @ @ @ @ @ $ 747.7 billion improperly spent 5 .
Dead people : $ 871.9 million in mistaken payments were made to dead people .
Medicaid , social security payments , federal retirement annuity payouts ( pensions ) , and even farm subsidies were sent to dead recipients .
Root cause : failure to verify death .
Four-year total : $ 2.8 billion 6 .
Ancient Americans : Six million Social Security numbers are active for people aged 112+ ; however , only 40 people in the world are known to be older than 112 years @ @ @ @ @ @ @ Trend : Medicaid and Medicare improper payments soared from $ 64 billion ( 2012 ) to $ 88.6 billion ( 2017 ) , and , in 2019 , to $ 103.6 billion .
Five-year total : $ 456 billion 8 .
Best Turnaround : In 2018 , the Education Department overpaid $ 6 billion to college students receiving PELL grants and student loans .
In 2019 , improper payments were reduced to $ 1.1 billion – an 85-percent reduction .
9 .
Improper Income Redistribution : $ 17.4 billion in improper payments by @ @ @ @ @ @ @ within the Earned Income Tax Credit program .
25-percent of all payments were improper .
Five-year total : $ 84.35 billion 10 .
Purchasing Power : What can $ 175 billion buy ?
Last year , the federal government wasted the equivalent of a full year of all federal salaries , perks , and pension benefits for every employee of the federal executive agencies .
A stunning example of institutionalized incompetence .

Top ten improper payments…
1. Total Mistakes: $175 billion in estimated improper payments reported by the 20 largest federal agencies, averaging $14.6 billion per month – Total (FY2004-FY2019): $2.25 trillion.
2. Worst Programs – $121 billion (approximately 69 percent) in improper payments occurred within three program areas – Medicaid, Medicare, and Earned Income Tax Credit.
3. Claw Back – only $21.1 billion of the $175 billion improper payments during 2019 was recaptured — that’s only 14 cents on every dollar misspent. Five-year total: $103.6 billion recaptured/ $747.7 billion improperly spent
5. Dead people: $871.9 million in mistaken payments were made to dead people. Medicaid, social security payments, federal retirement annuity payouts (pensions), and even farm subsidies were sent to dead recipients. Root cause: failure to verify death. Four-year total: $2.8 billion
6. Ancient Americans: Six million Social Security numbers are active for people aged 112+; however, only 40 people in the world are known to be older than 112 years of age.
7. Worst Upward Trend: Medicaid and Medicare improper payments soared from $64 billion (2012) to $88.6 billion (2017), and, in 2019, to $103.6 billion. Five-year total: $456 billion
8. Best Turnaround: In 2018, the Education Department overpaid $6 billion to college students receiving PELL grants and student loans. In 2019, improper payments were reduced to $1.1 billion – an 85-percent reduction.
9. Improper Income Redistribution: $17.4 billion in improper payments by the Internal Revenue Service (IRS) within the Earned Income Tax Credit program. 25-percent of all payments were improper. Five-year total: $84.35 billion
10. Purchasing Power: What can $175 billion buy? Last year, the federal government wasted the equivalent of a full year of all federal salaries, perks, and pension benefits for every employee of the federal executive agencies. A stunning example of institutionalized incompetence.


investmentwatchblog--2020-12-06--49 minute Project Veritas CNN call – This is proof that they are manufacturing the news, manufacturi

49 minute Project Veritas CNN call – This is proof that they are manufacturing the news, manufacturing consent and gaging whether their propaganda is having their desired effect.

This may be explosive .
Currently listening

This may be explosive.
Currently listening
We are primarily funded by readers. Please subscribe and donate to support us!
h/t Oak


investmentwatchblog--2020-12-06--NEW Flynn interview – “will need help from digital soldiers soon”

Short interview with General Flynn .
Something is coming soon and the fightback will step up ( talking about truths @ @ @ @ @ ) .
2:30 min – show starts 3 min – thanks the digital soldiers “ @ @ @ @ @ overcome anything ” 4:35 min – “ the gross abuse of power…is grotesque ” 6 @ @ @ @ @ from the cliff or the abyss and fight back ” 7:45 – “ we got @ @ @ @ @ – “ in the coming days we will need help from digital soldiers ” – @ @ @ @ @ truth ” 10 min – “ we will win but have to go through this @ @ @ @ @ be demanding on your local politicians ” 12 min – “ I ’ ll be @ @ @ @ @ this digital soldier effort we have underway ”

Short interview with General Flynn. Something is coming soon and the fightback will step up (talking about truths coming out, not violence).
2:30 min – show starts
3 min – thanks the digital soldiers “when we fight we will overcome anything”
4:35 min – “the gross abuse of power…is grotesque”
6 min – “step back from the cliff or the abyss and fight back”
7:45 – “we got alot going on”
9:00 – “in the coming days we will need help from digital soldiers” – “a new platform for truth”
10 min – “we will win but have to go through this”
11 min – “be demanding on your local politicians”
12 min – “I’ll be back and talk more about this digital soldier effort we have underway”
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h/t Endless Speck


investmentwatchblog--2020-12-06--Well….Daaaaamn! I GOTS da COVID

Well….Daaaaamn! I GOTS da COVID

Both myself and my wife .
I ’ ve been sick since a few days before Thanksgiving .
Had a horrendous cough ( violent attacks ) usually when laying down .
My throat tickled and then the coughing attacks would start .
Kept both myself and wife from getting much sleep for several days .
With the cough not getting any better I had a video visit with my doc .
When describing my symptoms he suspected a sinus infection or severe post nasal drip .
I wasn ’ t running a fever but was completely lethargic and big time @ @ @ @ @ @ @ few days after I started with the symptoms my wife followed me .
She never got as bad as I did but we are both doing much better now on the coughing , etc BUT ( and I had heard about this ) the LETHARGY….the pure exhaustion is beyond ridiculous .
It was because of this I went and got tested last week and just the results back…big ol bold red POSITIVE !
Just be careful out there folks…I really think it ’ s just a crap shoot whether you get it or @ @ @ @ @ @ @ and I have been mega dosing on Vitamin D3 since Covid first hit and I highly suspect that is why we got through ( hopefully ) this as easy as we have .

by FeedYourHead
Both myself and my wife.
I’ve been sick since a few days before Thanksgiving.
Had a horrendous cough (violent attacks) usually when laying down. My throat tickled and then the coughing attacks would start. Kept both myself and wife from getting much sleep for several days.
We are primarily funded by readers. Please subscribe and donate to support us!
With the cough not getting any better I had a video visit with my doc. When describing my symptoms he suspected a sinus infection or severe post nasal drip. I wasn’t running a fever but was completely lethargic and big time body aches, etc.
So a few days after I started with the symptoms my wife followed me. She never got as bad as I did but we are both doing much better now on the coughing, etc BUT (and I had heard about this) the LETHARGY….the pure exhaustion is beyond ridiculous.
It was because of this I went and got tested last week and just the results back…big ol bold red POSITIVE!
Just be careful out there folks…I really think it’s just a crap shoot whether you get it or not. I will tell you she and I have been mega dosing on Vitamin D3 since Covid first hit and I highly suspect that is why we got through (hopefully)this as easy as we have.


investmentwatchblog--2020-12-06--Fiscal Stimulus To Pivot Gold And Silver Prices

We are joined on Metal Money by Gary Wagner , CEO of TheGoldForecast.com .
Find out how gold and silver @ @ @ @ @ release news and eventual announcements of fiscal stimulus .

Gary Wagner interviewed by Patrick V. via SBTV
We are primarily funded by readers. Please subscribe and donate to support us!
We are joined on Metal Money by Gary Wagner, CEO of TheGoldForecast.com. Find out how gold and silver prices are affected by vaccine release news and eventual announcements of fiscal stimulus.


investmentwatchblog--2020-12-06--Two-Thirds Of Americans Living Paycheck To Paycheck…  Bleak outlook for millions facing cutoff of jo

Two-Thirds Of Americans Living Paycheck To Paycheck…  Bleak outlook for millions facing cutoff of jobless aid…  Stock market soaring to new heights. But most aren’t along for ride

CHICAGO , Ill. — Money is not something anyone wants to worry about during the holidays .
In a year still ravaged by the coronavirus pandemic and its economic fallout however , it appears many will be struggling through the most festive part of 2020 .
A survey finds over 60 percent of Americans say they ’ re now living paycheck-to-paycheck as the year draws to a close .
The poll of over 2,000 Americans , commissioned by Highland Solutions , wanted to see how spending habits and personal finances in the U.S. are holding up during the pandemic .
@ @ @ @ @ @ @ have cut back on their spending due to COVID .
Six in 10 say they ’ re doing it to be more cautious , but 49 percent add it ’ s because of losing income at work .
INDIANAPOLIS ( AP ) — Tina Morton recently faced a choice : Pay bills — or buy a birthday gift for a child ?
Derrisa Green is falling further behind on rent .
Sylvia Soliz has had her electricity cut off .
Unemployment has forced aching decisions on millions of Americans and their families in @ @ @ @ @ @ @ that has closed shops and restaurants , paralyzed travel and left millions jobless for months .
Now , their predicaments stand to grow bleaker yet if Congress fails to extend two unemployment programs that are set to expire the day after Christmas .
Stock market soaring to new heights .
But most aren ’ t along for ride There are times when numbers tell a story , and this is one of them .
And sometimes , as in this case , those numbers can have both social and investment significance .
Let @ @ @ @ @ @ @ $ 4.3 trillion and $ 908 billion .
The first represents how much the stock market rose in November , according to Wilshire Associates , an investment management firm whose Wilshire 5000 Total Market index measures the value of the entire U.S. stock market in dollars , not in points like the Dow industrials or S & P 500 .
The second is the size of a proposed economic stimulus package to help the needy that was floated by a bipartisan group of senators and is being negotiated in Congress .

Two-Thirds Of Americans Living Paycheck To Paycheck…
CHICAGO, Ill. — Money is not something anyone wants to worry about during the holidays. In a year still ravaged by the coronavirus pandemic and its economic fallout however, it appears many will be struggling through the most festive part of 2020. A survey finds over 60 percent of Americans say they’re now living paycheck-to-paycheck as the year draws to a close.
The poll of over 2,000 Americans, commissioned by Highland Solutions, wanted to see how spending habits and personal finances in the U.S. are holding up during the pandemic. Their results find 63 percent of respondents have cut back on their spending due to COVID. Six in 10 say they’re doing it to be more cautious, but 49 percent add it’s because of losing income at work.
Bleak outlook for millions facing cutoff of jobless aid…
INDIANAPOLIS (AP) — Tina Morton recently faced a choice: Pay bills — or buy a birthday gift for a child? Derrisa Green is falling further behind on rent. Sylvia Soliz has had her electricity cut off.
We are primarily funded by readers. Please subscribe and donate to support us!
Unemployment has forced aching decisions on millions of Americans and their families in the face of a rampaging viral pandemic that has closed shops and restaurants, paralyzed travel and left millions jobless for months. Now, their predicaments stand to grow bleaker yet if Congress fails to extend two unemployment programs that are set to expire the day after Christmas.
Stock market soaring to new heights. But most aren’t along for ride
There are times when numbers tell a story, and this is one of them. And sometimes, as in this case, those numbers can have both social and investment significance.
Let’s start with two numbers: $4.3 trillion and $908 billion. The first represents how much the stock market rose in November, according to Wilshire Associates, an investment management firm whose Wilshire 5000 Total Market index measures the value of the entire U.S. stock market in dollars, not in points like the Dow industrials or S&P 500.
The second is the size of a proposed economic stimulus package to help the needy that was floated by a bipartisan group of senators and is being negotiated in Congress.


investmentwatchblog--2020-12-06--Gerald Celente – Top 2021 Trend – Greatest Depression. Trump Will Win in Supreme Court.

The Trends Journal is giving its annual top trends for 2021 soon .
Gerald Celente , the publisher and a top trends researcher , has one very ominous trend coming for the global economy .
Celente predicts , “ One of our top trends is the ‘ Greatest Depression.
’ Lives have been destroyed around the world .
This is unprecedented .
There is something bigger than politics about what is going on .
.
.
.
To me , this is satanic .
What they are doing to people ’ s lives and destroying their businesses is unprecedented in @ @ @ @ @ @ @ not only in the United States , it ’ s worldwide , except China where the virus allegedly began .
They are wide open.
” So , are the dark powers wanting to destroy the global economy on purpose ?
Celente says , “ We are living in hell on earth .
This is the ‘ Great Reset.
’ It ’ s in black and white .
The guy who wrote the book , that Davos creep , it ’ s there .
The multi-nationals are taking over .
.
.
.They want @ @ @ @ @ @ @ the corporations .

The Trends Journal is giving its annual top trends for 2021 soon. Gerald Celente, the publisher and a top trends researcher, has one very ominous trend coming for the global economy. Celente predicts, “One of our top trends is the ‘Greatest Depression.’ Lives have been destroyed around the world. This is unprecedented. There is something bigger than politics about what is going on. . . . To me, this is satanic. What they are doing to people’s lives and destroying their businesses is unprecedented in world history, and it’s not only in the United States, it’s worldwide, except China where the virus allegedly began. They are wide open.”
We are primarily funded by readers. Please subscribe and donate to support us!
So, are the dark powers wanting to destroy the global economy on purpose? Celente says, “We are living in hell on earth. This is the ‘Great Reset.’ It’s in black and white. The guy who wrote the book, that Davos creep, it’s there. The multi-nationals are taking over. . . .They want to destroy small business and raise up the corporations.


investmentwatchblog--2020-12-06--Thanks to Lockdowns, American Big Cities May Not Be Worth the Trouble Anymore

All due deference to Jerry Seinfeld , the man who is one of the geniuses behind the greatest American sitcom about nothing , but in the recent war/argument/discussion/exchange over the status and future of New York City , it is hard to award dear Jerry with a win.Seinfeld took to the New York Times ( only the sophistication of the old Gray Lady would do ) to upbraid former Manhattan comedy club owner and entrepreneur James Altucher for declaring the New York as they once knew it , well , dead .
Frankly , Altucher makes a compelling case for @ @ @ @ @ @ @ existential threats of the past that might have appeared to compel the city that never sleeps to do just that—for good .
For Altucher , the heavy , onerous arm and boot of government have become too much for New Yorkers—residents and businesses alike—to bear .
The covid hysteria , inept lockdowns , and mismanagement by the likes of DeBlasio , Cuomo , and their sycophant ninnies have all led to , not only the snuffing out of the entrepreneurial spirit but very much destroyed , in the most direct means imaginable , @ @ @ @ @ @ @ with the New York police being ordered to stand down in front of BLM and Antifa rioters ( and asinine Ruth Bader Ginsberg riots ?
! )
looting stores and burning down their fronts , and the civil authorities have not held up their end of even the corrupt Rousseauan social contract .
Altucher is not the only sensible one to leave New York for greener and warmer pastures—many have , are , and will be doing so in the future .
Thus , what New York and other massive cities in the @ @ @ @ @ @ @ Chicago now face is a retraction of what had characterized the past few decades of people of means moving back into the inner cities .
Cities gentrified .
Formerly unattractive and even dangerous neighborhoods received an injection of interest and capital , and of course , the requisite Starbucks .
Hipster artist types faux lamented the increase of “ balconization ” as ever-increasing lofts and condos with balconies dotted the new façades of old buildings .
To be sure , they did not seem to recognize that loss of traditional , cultural neighborhood @ @ @ @ @ @ @ friends moving into the place as they sipped their chais and waxed unpoetic about how horrible all of the capitalism was from their iPhones .
Hypocrites and the genuine alike enjoyed and even relished the comforts of urban living .
The museums and parks were within walking distance .
Amazing restaurants .
Easy Uber to sporting events .
A new local favorite pub .
Now , pandemic hysteria and race riots have exposed the latent sore .
Without the culture , the life , the hum , and the energy of the city @ @ @ @ @ @ @ the theater or a ball game , city life now has all of the dangers and inconveniences and none of the comforts .
High taxes , potholed roads , homeless encampments , no parking , and violent crime have rendered city life rather unlivable .
And to the politicians who have long contributed to cities ’ deterioration and the squandering of those previous local tax windfalls , shame on you—but the problem lies with the voters who put them into power .
Will these same citizens be able to muster enough intestinal fortitude @ @ @ @ @ @ @ and sacrifice ?
Will the Phoenix City ( Chicago ’ s actual nickname ) rise again ?
I don ’ t think so .
We are witnessing the effects of a long and sustained decline .
Contrast the culture of the city of Chicago today ( or insert your city name here ) with that of the founders of the city back in 1837 .
Here ’ s the history lesson : Chicago was one of scores of cow towns turned trading posts in the West whose fortunes rested with their leaders ’ @ @ @ @ @ @ @ ; namely , from New York , Boston , and Philadelphia banks .
A founder and the first mayor of the city , William Butler Ogden , an Easterner himself , knew that if Chicago was to be great ( that means rich ) , it could not default on loans provided to the city ’ s enterprises and entrepreneurs during the epic Panic of 1837 .
In other words , Ogden tasked himself with making sure that Chicago did not become the equivalent of a third-world , capital-starved nation among many other @ @ @ @ @ @ @ next top metropolis .
He had some convincing to do .
The easy road would have been default and run .
Ogden advocated for the opposite as a public gathering convened intent on debt relief .
From historian Donald Miller : The crisis peaked when large numbers of the city ’ s frightened debtors organized a mass movement for relief from their financial obligations .
A public meeting was called to have “ stay laws ” passed for the suspension of court action on the collection of debts .
“ Inflammatory speeches greatly @ @ @ @ @ @ @ crowd , and everything looked as if dishonor would crown the city ’ s brow , ” said an early city historian .
At that point , Ogden stepped forward to address the crowd , his first and only public talk as mayor .
Speaking in cool , reasoned tones , he urged his fellow citizens to have the “ courage of men ” and to remember “ that no misfortune [ is ] so great as one ’ s own personal dishonor….Above all things…do not tarnish the honor of our infant city.
@ @ @ @ @ @ @ the meeting .
Efforts to repudiate debts were voted down , and Chicago emerged with its credit image intact .
Later , this allowed Ogden to help put together a bond and loan package with Arthur Bronson and other outside investors that allowed the state to resume canal construction in 1845 .
Our contemporary urbanites do not—as a habit—display anything remotely akin to personal responsibility or the “ courage of men.
” That would require some tough love about lowering collective time preference and ending the expectation that government can and will save @ @ @ @ @ @ @ blue state governors instead have their hands out to Congress and the Fed , begging them to bail them out of decades of disastrous , self-inflicted policies .
As a libertarian an-cap , I have no team in the fight , red or blue .
However , I do hope that the red state politicos have enough gumption and sense to understand that no promises , no kickbacks are worth bailing out the criminal blue politicians and their constituents .
Those are very , very bad loans that no bankers in 1837 or @ @ @ @ @ @ @ issue .
And , who cares about L.A. ?
!
As a comely and insightful British lass exclaimed to me in Nice , France , in 1998 : “ Californians couldn ’ t grow culture in a Petri dish !
” As true then as it is now .

by Gary Richied via Mises
All due deference to Jerry Seinfeld, the man who is one of the geniuses behind the greatest American sitcom about nothing, but in the recent war/argument/discussion/exchange over the status and future of New York City, it is hard to award dear Jerry with a win.Seinfeld took to the New York Times (only the sophistication of the old Gray Lady would do) to upbraid former Manhattan comedy club owner and entrepreneur James Altucher for declaring the New York as they once knew it, well, dead.
Frankly, Altucher makes a compelling case for this time being different than other seemingly existential threats of the past that might have appeared to compel the city that never sleeps to do just that—for good. For Altucher, the heavy, onerous arm and boot of government have become too much for New Yorkers—residents and businesses alike—to bear. The covid hysteria, inept lockdowns, and mismanagement by the likes of DeBlasio, Cuomo, and their sycophant ninnies have all led to, not only the snuffing out of the entrepreneurial spirit but very much destroyed, in the most direct means imaginable, the enterprises themselves. Back that up with the New York police being ordered to stand down in front of BLM and Antifa rioters (and asinine Ruth Bader Ginsberg riots?!) looting stores and burning down their fronts, and the civil authorities have not held up their end of even the corrupt Rousseauan social contract.
Altucher is not the only sensible one to leave New York for greener and warmer pastures—many have, are, and will be doing so in the future. Thus, what New York and other massive cities in the United States like my own formerly fair Chicago now face is a retraction of what had characterized the past few decades of people of means moving back into the inner cities. Cities gentrified. Formerly unattractive and even dangerous neighborhoods received an injection of interest and capital, and of course, the requisite Starbucks. Hipster artist types faux lamented the increase of “balconization” as ever-increasing lofts and condos with balconies dotted the new façades of old buildings. To be sure, they did not seem to recognize that loss of traditional, cultural neighborhood identification came with all of their suburban friends moving into the place as they sipped their chais and waxed unpoetic about how horrible all of the capitalism was from their iPhones.
Hypocrites and the genuine alike enjoyed and even relished the comforts of urban living. The museums and parks were within walking distance. Amazing restaurants. Easy Uber to sporting events. A new local favorite pub.
Now, pandemic hysteria and race riots have exposed the latent sore. Without the culture, the life, the hum, and the energy of the city, without the shopping and walks, the theater or a ball game, city life now has all of the dangers and inconveniences and none of the comforts. High taxes, potholed roads, homeless encampments, no parking, and violent crime have rendered city life rather unlivable. And to the politicians who have long contributed to cities’ deterioration and the squandering of those previous local tax windfalls, shame on you—but the problem lies with the voters who put them into power.
We are primarily funded by readers. Please subscribe and donate to support us!
Will these same citizens be able to muster enough intestinal fortitude to resurrect these cities with much-needed integrity and sacrifice? Will the Phoenix City (Chicago’s actual nickname) rise again? I don’t think so. We are witnessing the effects of a long and sustained decline. Contrast the culture of the city of Chicago today (or insert your city name here) with that of the founders of the city back in 1837. Here’s the history lesson: Chicago was one of scores of cow towns turned trading posts in the West whose fortunes rested with their leaders’ ability to attract capital from the East; namely, from New York, Boston, and Philadelphia banks. A founder and the first mayor of the city, William Butler Ogden, an Easterner himself, knew that if Chicago was to be great (that means rich), it could not default on loans provided to the city’s enterprises and entrepreneurs during the epic Panic of 1837. In other words, Ogden tasked himself with making sure that Chicago did not become the equivalent of a third-world, capital-starved nation among many other cities vying to become America’s next top metropolis. He had some convincing to do. The easy road would have been default and run.
Ogden advocated for the opposite as a public gathering convened intent on debt relief. From historian Donald Miller:
The crisis peaked when large numbers of the city’s frightened debtors organized a mass movement for relief from their financial obligations. A public meeting was called to have “stay laws” passed for the suspension of court action on the collection of debts. “Inflammatory speeches greatly excited and made desperate many of the crowd, and everything looked as if dishonor would crown the city’s brow,” said an early city historian. At that point, Ogden stepped forward to address the crowd, his first and only public talk as mayor. Speaking in cool, reasoned tones, he urged his fellow citizens to have the “courage of men” and to remember “that no misfortune [is] so great as one’s own personal dishonor….Above all things…do not tarnish the honor of our infant city.” Ogden’s measured eloquence carried the meeting. Efforts to repudiate debts were voted down, and Chicago emerged with its credit image intact. Later, this allowed Ogden to help put together a bond and loan package with Arthur Bronson and other outside investors that allowed the state to resume canal construction in 1845.
Our contemporary urbanites do not—as a habit—display anything remotely akin to personal responsibility or the “courage of men.” That would require some tough love about lowering collective time preference and ending the expectation that government can and will save the day. Blue city mayors and blue state governors instead have their hands out to Congress and the Fed, begging them to bail them out of decades of disastrous, self-inflicted policies.
As a libertarian an-cap, I have no team in the fight, red or blue. However, I do hope that the red state politicos have enough gumption and sense to understand that no promises, no kickbacks are worth bailing out the criminal blue politicians and their constituents. Those are very, very bad loans that no bankers in 1837 or 2020, for that matter, would issue.
And, who cares about L.A.?! As a comely and insightful British lass exclaimed to me in Nice, France, in 1998: “Californians couldn’t grow culture in a Petri dish!”
As true then as it is now.


Arizona BUSTED Fraud!

A court ordered statistically significant sample of Arizona 's mail in ballots found 11 % of the accepted ballots did @ @ @ @ @ Democrats ' own expert .
That is thirty times more illegal ballots than the margin @ @ @ @ @ Pennsylvania & Nevada likely worse .

A court ordered statistically significant sample of Arizona's mail in ballots found 11% of the accepted ballots did NOT match according to the Democrats' own expert. That is thirty times more illegal ballots than the margin of victory. Georgia, Pennsylvania & Nevada likely worse.
— Robert Barnes (@Barnes_Law) December 5, 2020


investmentwatchblog--2020-12-06--‘Stay home for Christmas’. Wear masks for the ‘first 100 days’ of the Biden Administration. Everyone

‘Stay home for Christmas’. Wear masks for the ‘first 100 days’ of the Biden Administration. Everyone to be issued vaccination cards and tracked in…

‘ Stay home for Christmas ’ .
Wear masks for the ‘ first 100 days ’ of the Biden Administration @ @ @ @ @ vaccination cards and tracked in a CDC database .
But , even with vaccines , @ @ @ @ @ will have to be worn “ for years.
” Authoritarianism is travelling at full-speed .
@ @ @ @ @ are more important now than ever .

by Ron Paul of Ron Paul Liberty Report
We are primarily funded by readers. Please subscribe and donate to support us!
‘Stay home for Christmas’. Wear masks for the ‘first 100 days’ of the Biden Administration. Everyone to be issued vaccination cards and tracked in a CDC database. But, even with vaccines, UK medical officer says masks will have to be worn “for years.” Authoritarianism is travelling at full-speed. The ideas of individual liberty are more important now than ever.


investmentwatchblog--2020-12-06--LIN WOOD — “To Those Of You Threatening Me, Stop WASTING Your Time. I’M FEARLESS”

Remember names .
They are ALL going to jail .
They are complicit in foreign interference with national election .
@ @ @ @ @ many others .
To those threatening me , stop wasting your time .
I am @ @

Brian Kemp, Brad Raffensperger, Geoffrey Duncan, Gabriel Sterling.
Remember names. They are ALL going to jail. They are complicit in foreign interference with national election.
They will be joined by many others.
To those threatening me, stop wasting your time. I am fearless.
— Lin Wood (@LLinWood) December 5, 2020


investmentwatchblog--2020-12-06--1 million new covid cases in USA — in only 5 days… Top killer this week; Overtakes heart disease…

1 million new covid cases in USA — in only 5 days… After the first cases of Covid-19 were confirmed in the United States on January 20 , it took almost 100 days to reach 1 million infections .
Now , the country has added more than 1 million cases to its grim total in just five days .
The month of November registered frightening peaks in the daily number of new coronavirus cases — reaching 100,000 for the first time , as well as spikes in hospitalizations and deaths .
On the second day of December , more than @ @ @ @ @ @ @ previous 24 hours .
CORONAVIRUS became the number one killer in the US this week – overtaking heart disease for the first time – as a record 2,879 people died from the virus in a single day on Thursday .
The harrowing death toll comes as 30million in California are heading into lockdown as the state faces dwindling ICU bed capacities .
States defer to health providers on who gets first vaccines… States struggling to prioritize who should receive the initial coronavirus shots are handing off those critical decisions to health care providers @ @ @ @ @ @ @ to decide how to ration the scarce doses among their own employees .
An expert panel advising the Centers for Disease Control and Prevention on Tuesday overwhelmingly recommended that the first doses go to health care workers and residents of long-term care facilities , given their heightened risk for contracting the deadly virus .
However , those recommendations aren ’ t binding , with the Trump administration giving states leeway to divide up the initial batches of life-saving shots .

1 million new covid cases in USA — in only 5 days…
(CNN) After the first cases of Covid-19 were confirmed in the United States on January 20, it took almost 100 days to reach 1 million infections. Now, the country has added more than 1 million cases to its grim total in just five days.
The month of November registered frightening peaks in the daily number of new coronavirus cases — reaching 100,000 for the first time, as well as spikes in hospitalizations and deaths. On the second day of December, more than 200,000 new cases were reported for the previous 24 hours.
Top killer this week; Overtakes heart disease…
CORONAVIRUS became the number one killer in the US this week – overtaking heart disease for the first time – as a record 2,879 people died from the virus in a single day on Thursday.
The harrowing death toll comes as 30million in California are heading into lockdown as the state faces dwindling ICU bed capacities.
We are primarily funded by readers. Please subscribe and donate to support us!
States defer to health providers on who gets first vaccines…
States struggling to prioritize who should receive the initial coronavirus shots are handing off those critical decisions to health care providers, giving them less than two weeks to decide how to ration the scarce doses among their own employees.
An expert panel advising the Centers for Disease Control and Prevention on Tuesday overwhelmingly recommended that the first doses go to health care workers and residents of long-term care facilities, given their heightened risk for contracting the deadly virus. However, those recommendations aren’t binding, with the Trump administration giving states leeway to divide up the initial batches of life-saving shots.
Rollout relies heavily on CVS and WALGREENS…


investmentwatchblog--2020-12-07--Coronavirus Lessons that Vietnam Could Teach Americans and the World

After America hit a world-record high of 204,163 new covid-19 cases on November 20th , that number declined down to 145,576 new daily cases a week later , on November 26th , which was , of course , very welcomed news .
Meanwhile , Vietnam , with a population of 97,693,204 as compared to America ’ s 331,790,984 , had only 1 new case on November 20th , and 10 new cases on November 26th .
Proportionally , that 10 daily new cases would have been equivalent to 34 daily new cases in the U.S .
But , U.S. instead @ @ @ @ @ @ @ date : That ’ s 4,282 time higher than the proportionally adjusted 34 new cases that a Vietnam with 331,790,984 population would have had .
And , yet , America is so haughty as not even to be discussing whether or how it could learn from Vietnam ’ s experience .
( Everyone in America should be discussing it , but the country ’ s ‘ news ’ -media don ’ t even report the matter ; so , they don ’ t . )
The next day , on November 27th , @ @ @ @ @ @ @ Vietnam had 8 .
On November 28th , U.S. was down to 143,373 , and Vietnam was down to 2 .
By December 4th , U.S. hit an all-time record of 237,372 , and by December 6th it was down again to 173,861 .
Vietnam was 0 on December 4th and 1 on December 6th .
America is in its second wave , which started rising from a low on September 7th of 25,906 , to that high of 204,163 on November 20th , and then 237,372 on December 4th .
Meanwhile .
@ @ @ @ @ @ @ new daily cases on both October 3rd and 4th , to a high of 26 new daily cases on November 11th , and then down to 12 new daily cases on November 18th , and not higher than that number since .
Vietnam ’ s highest-ever number of new daily cases was on July 30th : 50 .
That was the peak of Vietnam ’ s second wave , and the 26 new cases on November 11th was the peak of their third wave , which seems now to be subsiding .
Beyond @ @ @ @ @ @ @ good at dealing with the pandemic ?
The central reason is perhaps the way the government has depoliticised the pandemic , treating it purely as a health crisis , allowing for effective governance .
There was no political motive for government officials to hide information , as they don ’ t face being reprimanded if there are positive cases in their authority area that are not due to their mistakes .
I haven ’ t heard about any religious opposition to the government ’ s strategy either .
With the head of the @ @ @ @ @ @ @ for suspected corruption in relation to the purchase of testing kits , and small traders getting fines for price-gouging face-masks , the government has also been clear that public health can not be entangled with commercial interests .
… In January , when Wuhan announced the first death , Vietnam tightened its border and airport control of Chinese visitors .
This wasn ’ t an easy decision , given that cross-border trade with China accounts for a significant part of the Vietnamese economy .
… It took precautionary measures above and beyond World @ @ @ @ @ @ @ a pandemic were implemented a week before the outbreak was officially a public health emergency of international concern , and more than a month before WHO declared Covid-19 a pandemic .
The government also decided to embrace freedom of information on Covid-related matters .
… The motto for the first phase was that if we stay alive , the question of wealth and the economy can come later .
… But now the government has shifted its anti-Covid strategy towards the economy .
… Lockdown and isolation are more selective .
… For @ @ @ @ @ @ @ off the threat of a second wave .
… Given that Vietnam is one of the few countries in the world currently experiencing positive GDP growth , the supposed trade-off between the economy and public health , which countries around the world are negotiating , looks to be something of a false choice .
Vietnam ’ s experience is just an extreme example of correct decisions in the face of a crisis — an epidemic .
So , it has been extremely successful .
Similarly , America is an example of incorrect decisions @ @ @ @ @ @ @ and , so , America has been extremely unsuccessful .
On November 24th , Statistica headlined “ Has Europe Broken the Second Wave ?
” and reported that , “ A couple of weeks after several European countries went on ( at least partial ) lockdown once again in the face of surging COVID-19 cases , the tightening of restrictions appears to be paying off.
” This was shown there in a graph , which displayed especially that whereas the EU was now declining markedly in those numbers , the U.S. was continuing @ @ @ @ @ @ @ to surpass the EU ’ s daily coronavirus-intensity , yet again , as it hadn ’ t been doing ever since September .
That same article was republished on November 28th at the popular American Zero Hedge news site , with reader-comments , which were overwhelmingly hostile to this information , such as this string there : Cardiovascular diseases kill 10x as many people , 16 million/year , than this dud fomented into a mass hysteria .
And ironically since it almost exclusively kills off the elderly and the already sick ( comorbidities @ @ @ @ @ @ @ term net benefit to the economy if people ignored it and didn ’ t freak out or shut down .
2nd wave broken , it appears the lockdowns worked ?
Are freaking kidding me , you know what happened , they ran out of Karen ’ s running to get a test that gives over 50 % false positives .
Another interesting comparison is between Vietnam and the world ’ s most coronavirus-ravaged country , tiny Andorra , a statelet within Italy .
Andorra has been doing everything possible to downplay the severity @ @ @ @ @ @ @ half of that country ’ s economy is tourism .
As of November 29th , Andorra had 85,403 cases per million .
That is more than twice America ’ s 41,024 , and is 6,100 times Vietnam ’ s 14 .
Whereas Andorra has a coronavirus death-rate of 983 per million ( nearly one person per thousand ) , America ’ s is 821 , and Vietnam ’ s is 0.4 .
( America ’ s is nearly as high as Andorra ’ s because Andorra has a superior healthcare system , and @ @ @ @ @ @ @ , whereas America has cured 96.7 % .
Vietnam has cured 97.0 % . )
The international , and even the state-by-state , data , have lessons to teach , all of which lessons turn out to be remarkably consistent with one-another , but lots of people , in some countries ( such as in the United States ) , are simply refusing to learn them .
Perhaps those lessons don ’ t happen to fit those persons ’ ideology .

Eric Zuesse, originally posted at Strategic Culture
All of the data here can easily be found at the world’s best website for tracking each day’s national and international coronavirus (or covid) cases and deaths: www.worldometers.info/ coronavirus.
——
After America hit a world-record high of 204,163 new covid-19 cases on November 20th, that number declined down to 145,576 new daily cases a week later, on November 26th, which was, of course, very welcomed news. Meanwhile, Vietnam, with a population of 97,693,204 as compared to America’s 331,790,984, had only 1 new case on November 20th, and 10 new cases on November 26th. Proportionally, that 10 daily new cases would have been equivalent to 34 daily new cases in the U.S. But, U.S. instead had 145,576 daily new cases on that date: That’s 4,282 time higher than the proportionally adjusted 34 new cases that a Vietnam with 331,790,984 population would have had. And, yet, America is so haughty as not even to be discussing whether or how it could learn from Vietnam’s experience. (Everyone in America should be discussing it, but the country’s ‘news’-media don’t even report the matter; so, they don’t.)
The next day, on November 27th, U.S. had 164,103 new cases, and Vietnam had 8. On November 28th, U.S. was down to 143,373, and Vietnam was down to 2. By December 4th, U.S. hit an all-time record of 237,372, and by December 6th it was down again to 173,861. Vietnam was 0 on December 4th and 1 on December 6th.
America is in its second wave, which started rising from a low on September 7th of 25,906, to that high of 204,163 on November 20th, and then 237,372 on December 4th. Meanwhile. Vietnam rose from a low of 0 new daily cases on both October 3rd and 4th, to a high of 26 new daily cases on November 11th, and then down to 12 new daily cases on November 18th, and not higher than that number since. Vietnam’s highest-ever number of new daily cases was on July 30th: 50. That was the peak of Vietnam’s second wave, and the 26 new cases on November 11th was the peak of their third wave, which seems now to be subsiding.
How does Vietnam manage to be thousands of times as effective at controlling this disease than America is? Does Vietnam crush its economy by being so uncompromising to reduce the illnesses and deaths from this disease to as low as they can go, and keeping them there? The exact opposite is true. Here are highlights from an article which appeared in the October 20th issue of Britain’s Guardian about Vietnam’s coronavirus experience, written by Tran Le Thuy, the director of the Centre for Media and Development Initiatives in Hanoi, titled “Vietnam is fighting Covid without pitting economic growth against public health”
Beyond contact-tracing, why has Vietnam been so good at dealing with the pandemic?
The central reason is perhaps the way the government has depoliticised the pandemic, treating it purely as a health crisis, allowing for effective governance. There was no political motive for government officials to hide information, as they don’t face being reprimanded if there are positive cases in their authority area that are not due to their mistakes. I haven’t heard about any religious opposition to the government’s strategy either. With the head of the Hanoi centre for disease control being arrested for suspected corruption in relation to the purchase of testing kits, and small traders getting fines for price-gouging face-masks, the government has also been clear that public health cannot be entangled with commercial interests. …
In January, when Wuhan announced the first death, Vietnam tightened its border and airport control of Chinese visitors. This wasn’t an easy decision, given that cross-border trade with China accounts for a significant part of the Vietnamese economy. … It took precautionary measures above and beyond World Health Organization recommendations. … Preparations for a pandemic were implemented a week before the outbreak was officially a public health emergency of international concern, and more than a month before WHO declared Covid-19 a pandemic.
The government also decided to embrace freedom of information on Covid-related matters. … The motto for the first phase was that if we stay alive, the question of wealth and the economy can come later. …
But now the government has shifted its anti-Covid strategy towards the economy. … Lockdown and isolation are more selective. …
For now it looks like Vietnam has seen off the threat of a second wave. … Given that Vietnam is one of the few countries in the world currently experiencing positive GDP growth, the supposed trade-off between the economy and public health, which countries around the world are negotiating, looks to be something of a false choice.
Vietnam’s experience is just an extreme example of correct decisions in the face of a crisis — an epidemic. So, it has been extremely successful. Similarly, America is an example of incorrect decisions in the face of an epidemic; and, so, America has been extremely unsuccessful.
On November 22nd, I wrote at greater length about “Which Coronavirus Policies Succeed, And Which Fail: N.Y. Times Analysis Confirms Mine” , which discussed not only the comparisons of the 200+ nations but of the 50 U.S. states; and the experiences and results in Vietnam and in the U.S. are in line with those of the world’s other countries. Bad polices everywhere produce bad results; good policies everywhere produce good results.
On November 24th, Statistica headlined “Has Europe Broken the Second Wave?” and reported that, “A couple of weeks after several European countries went on (at least partial) lockdown once again in the face of surging COVID-19 cases, the tightening of restrictions appears to be paying off.” This was shown there in a graph, which displayed especially that whereas the EU was now declining markedly in those numbers, the U.S. was continuing to soar and was now clearly heading to surpass the EU’s daily coronavirus-intensity, yet again, as it hadn’t been doing ever since September. That same article was republished on November 28th at the popular American Zero Hedge news site, with reader-comments , which were overwhelmingly hostile to this information, such as this string there:
Crazed Smoker
Cardiovascular diseases kill 10x as many people, 16 million/year, than this dud fomented into a mass hysteria.
marketvviz
And ironically since it almost exclusively kills off the elderly and the already sick (comorbidities) it could actually be a long term net benefit to the economy if people ignored it and didn’t freak out or shut down.
JimmyJones
2nd wave broken, it appears the lockdowns worked? Are freaking kidding me, you know what happened, they ran out of Karen’s running to get a test that gives over 50% false positives.
Another interesting comparison is between Vietnam and the world’s most coronavirus-ravaged country, tiny Andorra, a statelet within Italy. Andorra has been doing everything possible to downplay the severity of its infestation, partly because around half of that country’s economy is tourism. As of November 29th, Andorra had 85,403 cases per million. That is more than twice America’s 41,024, and is 6,100 times Vietnam’s 14. Whereas Andorra has a coronavirus death-rate of 983 per million (nearly one person per thousand), America’s is 821, and Vietnam’s is 0.4. (America’s is nearly as high as Andorra’s because Andorra has a superior healthcare system, and has cured 98.7% of its cases, whereas America has cured 96.7%. Vietnam has cured 97.0%.)
The international, and even the state-by-state, data, have lessons to teach, all of which lessons turn out to be remarkably consistent with one-another, but lots of people, in some countries (such as in the United States), are simply refusing to learn them. Perhaps those lessons don’t happen to fit those persons’ ideology.


investmentwatchblog--2020-12-07--This Is Going To Be The Worst Winter For The U.S. Economy In Modern Times

We already knew that this was going to be the worst winter for the U.S. economy since the Great Depression of the 1930s , but now a new round of lockdowns threatens to rip the guts out of hundreds of thousands of small businesses all around the country .
As I write this article , 33 million people are under “ stay-at-home orders ” in California alone .
With each passing day , state governments are implementing even more new restrictions , and those new restrictions are going to increasingly choke the life out of economic activity in this nation @ @ @ @ @ @ @ of the corporate giants have enough resources to weather another round of lockdowns , but countless small businesses do not .
In San Francisco , some small businesses that have served the city for generations now find themselves on the edge of extinction… “ I ’ ve been walking around the city nonstop talking to small businesses owners and every story is sadder than the next , ” said Rory Cox , the founder of the newly-formed San Francisco Small Business Alliance .
“ Everyone is like , ‘ I wake up every @ @ @ @ @ @ @ how much longer I can do this .
I had 60 employees but now all I have is six , or now it ’ s only me.
’ These are family businesses , these are moms and dads , brothers and sisters .
I feel firmly we ’ re the backbone of the city .
And they ’ re destroying us , they ’ re ripping us apart , they ’ re tearing out the heart and soul of the city.
” Traditionally , small businesses have been the primary engine of job @ @ @ @ @ @ @ now they are laying off workers in droves once again .
So far this year , more than 70 million Americans have filed new claims for unemployment benefits , and this unprecedented tsunami of job losses was caused by the original round of lockdowns .
Now a new wave of lockdowns is upon us , and there is going to be extreme economic pain all over America .
Sometimes it can be mind numbing to talk about the millions upon millions of Americans that are now in horrifying financial distress , but each @ @ @ @ @ @ @ As I discussed the other day , the Aspen Institute is estimating that up to 40 million Americans could be facing eviction in 2021 because they have gotten behind on rent or mortgage payments .
We have never seen anything like this before in all of American history .
We are literally murdering the economy , and most of the politicians that are doing this don ’ t seem to care .
Perhaps their jobs are secure , but there are millions of others that haven ’ t been able to find a @ @ @ @ @ @ @ ago .
In fact , the percentage of “ long-term unemployed workers ” as a share of all those that are unemployed is now the highest it has been during this entire pandemic… And of course most of those that are still working are just barely scraping by from month to month .
According to a survey that was just released , nearly tw0-thirds of Americans say that they are living paycheck to paycheck at this point… In a year still ravaged by the coronavirus pandemic and its economic fallout however , it @ @ @ @ @ @ @ most festive part of 2020 .
A survey finds over 60 percent of Americans say they ’ re now living paycheck-to-paycheck as the year draws to a close .
The poll of over 2,000 Americans , commissioned by Highland Solutions , wanted to see how spending habits and personal finances in the U.S. are holding up during the pandemic .
Their results find 63 percent of respondents have cut back on their spending due to COVID .
Six in 10 say they ’ re doing it to be more cautious , but 49 @ @ @ @ @ @ @ losing income at work .
Now this new wave of lockdowns is going to push millions more struggling Americans into poverty once they lose their jobs .
I feel especially bad for those that have pouring blood , sweat and tears into their small businesses for years only to have them utterly destroyed by politicians like California Governor Gavin Newsom .
What one small business owner named Robert Carroll had to say about the new lockdowns in California will stay with me for a very long time… “ We have basically been left @ @ @ @ @ @ @ for the future , ” wrote Robert Carroll , the owner of the bar Sodini ’ s in Redwood City .
“ We understand COVID-19 is serious , and dangerous , however in this scenario it ’ s not only dangerous to our health , but our financial and mental wellbeing as well .
People need to decide for themselves what risks to take , we don ’ t take risks at Sodini ’ s , we insist on masks and distancing , all we want is a CHANCE to maintain our business @ @ @ @ @ @ @ a dream taken away and there ’ s nothing you can do about it , it ’ s the worst feeling in the world.
” Even in the most wildly optimistic scenario that any economist is currently envisioning , this is going to be the most painful winter for the U.S. economy since the Great Depression of the 1930s .
Perhaps that is why corporate insiders are now selling stocks at the fastest pace that we have seen in almost four years .
Corporate insiders absolutely nailed the two short-term peaks in the @ @ @ @ @ @ @ , and now they seem to think that an even larger move down is coming .
But ultimately what we are heading into is not just another temporary economic setback .
Sadly , the truth is that our entire system has started the process of completely melting down .
The COVID pandemic has greatly accelerated matters , but we were going to get to this point one way or another eventually .
Now a day of reckoning is upon us , and this winter is going to be very dark , very cold @ @ @ @ @ @

by Michael Snyder
We already knew that this was going to be the worst winter for the U.S. economy since the Great Depression of the 1930s, but now a new round of lockdowns threatens to rip the guts out of hundreds of thousands of small businesses all around the country. As I write this article, 33 million people are under “stay-at-home orders” in California alone. With each passing day, state governments are implementing even more new restrictions, and those new restrictions are going to increasingly choke the life out of economic activity in this nation.
The good news is that most of the corporate giants have enough resources to weather another round of lockdowns, but countless small businesses do not.
In San Francisco, some small businesses that have served the city for generations now find themselves on the edge of extinction…
“I’ve been walking around the city nonstop talking to small businesses owners and every story is sadder than the next,” said Rory Cox, the founder of the newly-formed San Francisco Small Business Alliance. “Everyone is like, ‘I wake up every day and I don’t know how much longer I can do this. I had 60 employees but now all I have is six, or now it’s only me.’ These are family businesses, these are moms and dads, brothers and sisters. I feel firmly we’re the backbone of the city. And they’re destroying us, they’re ripping us apart, they’re tearing out the heart and soul of the city.”
Traditionally, small businesses have been the primary engine of job growth in the United States, but now they are laying off workers in droves once again.
So far this year, more than 70 million Americans have filed new claims for unemployment benefits, and this unprecedented tsunami of job losses was caused by the original round of lockdowns.
Now a new wave of lockdowns is upon us, and there is going to be extreme economic pain all over America.
Sometimes it can be mind numbing to talk about the millions upon millions of Americans that are now in horrifying financial distress, but each one of those individuals has a name…
Tina Morton recently faced a choice: Pay bills — or buy a birthday gift for a child? Derrisa Green is falling further behind on rent. Sylvia Soliz has had her electricity cut off. Unemployment has forced aching decisions on millions of Americans and their families in the face of a rampaging viral pandemic that has closed shops and restaurants, paralyzed travel and left millions jobless for months.
As I discussed the other day, the Aspen Institute is estimating that up to 40 million Americans could be facing eviction in 2021 because they have gotten behind on rent or mortgage payments.
We have never seen anything like this before in all of American history. We are literally murdering the economy, and most of the politicians that are doing this don’t seem to care. Perhaps their jobs are secure, but there are millions of others that haven’t been able to find a new job after being laid off months ago. In fact, the percentage of “long-term unemployed workers” as a share of all those that are unemployed is now the highest it has been during this entire pandemic…
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In November, the number of workers jobless for at least 27 weeks — economists’ barometer for “long-term” unemployment — grew by 385,000 to 3.9 million. That accounts for 37% of all unemployed workers — up from a third in October and 19% in September.
And of course most of those that are still working are just barely scraping by from month to month.
According to a survey that was just released, nearly tw0-thirds of Americans say that they are living paycheck to paycheck at this point…
In a year still ravaged by the coronavirus pandemic and its economic fallout however, it appears many will be struggling through the most festive part of 2020. A survey finds over 60 percent of Americans say they’re now living paycheck-to-paycheck as the year draws to a close. The poll of over 2,000 Americans, commissioned by Highland Solutions, wanted to see how spending habits and personal finances in the U.S. are holding up during the pandemic. Their results find 63 percent of respondents have cut back on their spending due to COVID. Six in 10 say they’re doing it to be more cautious, but 49 percent add it’s because of losing income at work.
Now this new wave of lockdowns is going to push millions more struggling Americans into poverty once they lose their jobs.
I feel especially bad for those that have pouring blood, sweat and tears into their small businesses for years only to have them utterly destroyed by politicians like California Governor Gavin Newsom. What one small business owner named Robert Carroll had to say about the new lockdowns in California will stay with me for a very long time…
“We have basically been left with no options and essentially no hope for the future,” wrote Robert Carroll, the owner of the bar Sodini’s in Redwood City. “We understand COVID-19 is serious, and dangerous, however in this scenario it’s not only dangerous to our health, but our financial and mental wellbeing as well. People need to decide for themselves what risks to take, we don’t take risks at Sodini’s, we insist on masks and distancing, all we want is a CHANCE to maintain our business. If you’ve never had a dream taken away and there’s nothing you can do about it, it’s the worst feeling in the world.”
Even in the most wildly optimistic scenario that any economist is currently envisioning, this is going to be the most painful winter for the U.S. economy since the Great Depression of the 1930s.
Perhaps that is why corporate insiders are now selling stocks at the fastest pace that we have seen in almost four years.
Corporate insiders absolutely nailed the two short-term peaks in the market that we witnessed earlier this year, and now they seem to think that an even larger move down is coming.
But ultimately what we are heading into is not just another temporary economic setback. Sadly, the truth is that our entire system has started the process of completely melting down.
The COVID pandemic has greatly accelerated matters, but we were going to get to this point one way or another eventually.
Now a day of reckoning is upon us, and this winter is going to be very dark, very cold and very, very bitter.