investmentwatchblog--2020-05-14--Taibbi: How The COVID-19 Bailout Gave Wall Street A No-Lose Casino

In late April Marko Kolanovic , a financial analyst for JPMorgan Chase , wrote to clients with good news .
Pandemic aside , investors should expect stock prices in S & P 500 companies to return to record numbers some time early next year !
The key part of this phrase was the last bit , “ if the monetary measures are sustained.
” In countries that did not have a Federal Reserve Bank shooting a bazooka of cash daily at Wall Street , Kolanovic suggested the coronavirus would result in a 30 percent decline in the present value of @ @ @ @ @ @ @ intervention by the Federal Reserve , the United States in the coronavirus era would be looking at a Depression-level contraction .
Assuming the Fed bazooka keeps firing , however , a large portion of the investor class is already on a road leading back to champagne and confetti .
And that , as Robert Frost would say , has made all the difference .
On the road more traveled , on the real side of the coronavirus economy , the pain has been historic .
As of this writing , 30 million people @ @ @ @ @ @ @ crisis , and millions have lost their employer-based insurance .
At least one in three can ’ t make their rent , millions more can ’ t afford groceries , and workers in supermarkets , medical clinics , warehouses , and other professions are now in a macabre race to see if they ’ ll turn blue and die before corporate employers decide to slash their salaries or retirement benefits — which has already happened to front-line caregivers in some cities .
There are no projections of record earnings in the futures of @ @ @ @ @ @ @ survival , and the grim reality of diminished economic horizons .
Yet for the tiny sliver of people whose fortunes depend not on salaries , tips , and commissions , but upon the prices of financial products like stocks and bonds , the coronavirus response heralds a brave new world .
The $ 2.3 trillion CARES Act , the Donald Trump-led rescue package signed into law on March 27th , is a radical rethink of American capitalism .
It retains all the cruelties of the free market for those who live and work @ @ @ @ @ @ @ the paper economy into a state protectorate , surrounded by a kind of Trumpian Money Wall that is designed to keep the investor class safe from fear of loss .
This financial economy is a fantasy casino , where the winnings are real but free chips cover the losses .
For a rarefied segment of society , failure is being written out of the capitalist bargain .
This is a fresh take on a long-developing dynamic .
Dating to the late Eighties , when then-Fed-chief Alan Greenspan slashed interest rates after the 1987 @ @ @ @ @ @ @ an understanding that the government would be there to help Wall Street back on its feet in hard times .
That belief was so strong it had a name : the “ Greenspan put.
” Bloomberg ’ s Tim Duy defines the term as “ the implied promise that central bankers led by Fed Chairman Alan Greenspan would bail out market participants who indulged in risky behavior.
” The Fed stepped in to flood Wall Street with cash ( these are called “ liquidity injections ” ) after a series of messes in @ @ @ @ @ @ @ the Asian-currency debacle to the collapse of the Long-Term Capital Management hedge fund in the late Nineties to a deflation panic in 2002 .
A prolonged period of liquidity injection in the early 2000s prompted a now-familiar pattern of pushing investors out of traditional safe-haven investments ( the low interest rates punished savers ) and into ever-riskier gambles in commodities , stocks , and the housing markets .
All three arenas saw bubbles , but the one in the U.S. housing market burst after an orgy of Ponzi-style scheming sent mortgage prices shooting @ @ @ @ @ @ @ of a few months in 2008 , the pension funds and municipalities that had been urged by greed-sick bankers to invest in a “ real estate boom ” ( actually a fraud-driven speculative bubble ) lost fortunes .
Taxpayers and homeowners bore nearly 100 percent of the pain .
Nearly 3 million people filed for foreclosure in 2010 alone .
Back then , the notion of using state funds to rescue these folks was rejected as laughable , a dangerous “ moral hazard.
” As billionaire Charlie Munger put it in 2010 , @ @ @ @ @ @ @ and cope , ” and not wait for a handout .
Wall Street , though , got the mother of all rescues .
The response wasn ’ t limited to a traditional liquidity injection .
Banks were given trillions in bailouts and emergency loans , allowed to dump years of bad investment decisions into special garbage facilities set up by the Federal Reserve , and urged to “ drink themselves sober ” through years of free money from a zero-interest-rate policy .
The Fed , beginning in late 2008 , added a new @ @ @ @ @ @ @ ) , a fancy academic name for printing trillions of dollars and using it to buy everything from mortgages to government debt .
This was with the ostensible aim of increasing “ the availability of credit ” for things like home purchases , but also to “ foster improved conditions in financial markets more generally.
” The dubious underlying logic was that rescuing the economy and rescuing the financial markets were the same thing .
To save people , we had to save the economy in which they operate , which meant saving @ @ @ @ @ @ @ as much as they might suck .
What ’ s happening in the COVID-19 crisis is the next step : a financial bubble where the Fed isn ’ t the cleanup mechanism , but the source of the mania itself .
While the real economy is seeing record disruptions , Wall Street has seen prolonged rallies of “ rational exuberance ” over the Fed ’ s decision to usher in “ QE infinity ” and essentially ban losing in finance capitalism .
Though this is a Trump bill — El Pompadour is so @ @ @ @ @ @ @ as his work , he fought to get his signature on relief checks — it passed unanimously , by voice vote in the House , and 96-0 in the Senate .
Talk to Democrats on the Hill and they will tell you this is a bailout to be cheered and supported , nothing like the 2008 rescue .
This time is different , the argument goes : Three-quarters of the money goes to real people .
This is true , if one squints and uses a narrow definition of “ money.
” The @ @ @ @ @ @ @ for “ individuals ” ( including $ 300 billion in cash payments , much by way of the famed $ 1,200 “ Trump ” checks ) , plus $ 377 billion for small businesses , as well as $ 339 billion for state and local governments , and $ 100 billion for hospitals and other health care providers , plus some aid for students and children .
Technically , “ only ” about $ 500 billion of the congressionally passed rescue package goes to “ big business.
” Moreover , the big-business aid @ @ @ @ @ @ @ conditions barring greedy hijinks , meaning no layoffs , no stock buybacks , no big bonuses , etc.
, if companies want the handout .
The loophole comes via $ 454 billion created as part of that big-business package .
This “ emergency fund ” will be dumped into a “ special-purpose vehicle ” used to backstop further lending by the Federal Reserve .
That $ 454 billion is designed to grow by a factor of 10 or more .
“ We can lever up to $ 4 trillion , ” said Steve @ @ @ @ @ @ @ Sachs-trained Treasury secretary ” role that apparently is a prerequisite for financial-disaster narratives in modern America .
Democrats early on expressed concern about old-school Tammany Hall-style graft , i.e.
, that the fund would be used to invest in businesses with connections .
“ We ’ re not here to create a slush fund for Donald Trump and his family , ” is how Elizabeth Warren put it .
However , once Democrats won superficial oversight concessions ( including the creation of a Congressional Oversight Commission ) , Warren and everyone else in @ @ @ @ @ @ @ ” concept , despite the far more radical issues it poses than individual graft .
The CARES Act “ slush fund ” imagines a future in which markets for all financial products are stressed , perhaps permanently , by lockdowns .
In place of a heartless free market of panicked investors who might want to cut their losses and sell , the plan is to simulate real buying and selling of financial products like mortgages and bonds with directed deployments of the Fed ’ s endless trillions .
And they will be endless @ @ @ @ @ @ @ it , the Fed is “ not going to run out of ammunition ” in the war against the economic crisis .
Marcus Stanley of Americans for Financial Reform said , “ The Fed ’ s perspective on this is , they want to create normalcy.
” But what does “ normal ” mean in an economy that may be changed forever ?
Investors were fleeing stocks , bonds , money-market funds , etc.
, in the first weeks of March for the perfectly logical reason that most businesses suddenly looked like dicey @ @ @ @ @ @ @ announced its new purchasing programs , most of these markets bounced back nearly all the way up .
Major bond funds that were on the brink of failure on March 23rd — like BlackRock ’ s $ 30 billion LQD fund — rebounded and recovered nearly all of their value in the next days .
The S & P 500 sank 34 percent in 23 trading sessions at the beginning of the crisis , then after the Fed ’ s announcement on March 23rd , rose 27 percent in its next 16 sessions @ @ @ @ @ @ @ of 8,777 on March 23rd , then started a long march back up over 10,000 and then 11,000 from that day forward .
Investors have begun following the Fed .
Analysts are encouraging clients to “ buy what the Fed is buying , ” because “ the stimulus seems to be endless.
” The boom isn ’ t in any particular kind of company or product , but in the Fed itself .
This plan is getting support from both the right and the left .
Wall Street analysts are cheering Fed chief @ @ @ @ @ @ @ forcefully , proactively , and aggressively ” to forestall financial collapse , while liberal economists seem to cheer the spectacle of the government abandoning harrumphing conservative rhetoric about fiscal restraint to invest massively in the economy .
“ I ’ m more sympathetic than I might otherwise have been , ” says noted progressive economist Dean Baker , adding that the extraordinary crisis has created real trouble for a lot of good companies that the Fed ’ s actions will address .
Decades ago , America started down the road of creating two @ @ @ @ @ @ @ went into decline and began to be exported overseas , to cheap labor zones and countries with less-stringent environmental laws — places that , as economist Larry Summers infamously put it , were “ vastly underpolluted.
” That American factory workers would be left behind by this process was just their bad luck , another thing requiring a “ suck it in and cope ” attitude .
Not so for their bosses , though , who were rescued from the decline by transitioning to even-more-profitable work in a new , “ financialized ” @ @ @ @ @ @ @ by moving it around in the capital markets — prioritizing fees , interest , capital gains , etc .
A generation of minds that were trained in the logic of “ financialization , ” and its underlying principles — which include the idea that workers are fungible , parasitic drains on the more crucial “ wealth creators ” above — accelerated the aggressive tilt to the political right by America ’ s wealthy in recent decades .
Even the experts at the Federal Reserve , whose official mandate includes attaining “ maximum sustainable @ @ @ @ @ @ @ removed from their real-world purpose over the years , devoted instead to tending to the needs of this second , sandcastle economy over the problems of disenfranchised working people , whose fates mostly couldn ’ t be helped .
And why not ?
What Fed official ever interacts with anyone not employed in the financial sector ?
How could the real world ever seep in ?
The coronavirus bailout could end up being the last chapter in this hideous story .
Although we ’ re seeing a graphic demonstration of how “ unskilled @ @ @ @ @ @ @ delivery people and grocery clerks are actually the vitally important people in our society , they ’ re not getting the radical rescue .
There ’ s no sudden universal health care , no guaranteed sick leave , no massive jobs plan , just Band-Aids .
They will die in massive numbers and emerge from this crisis , if and when it ends , poorer and more vulnerable than before .
But the financial markets are getting the World War II-style “ whatever it takes ” financial commitment , based upon the continuing @ @ @ @ @ @ @ be the first in line for rescue in any crisis .
This was a wrong assumption on the decks of the Titanic , a wrong assumption after 2008 , and a criminally wrong assumption now .
Continuing belief in the trickle-down myth that has been destroying and dividing this country for decades will kill us faster than any pandemic .
If we ’ re going to spend in “ unlimited ” amounts , let ’ s for once do it in the real world and for the people who need it most .

Authored by Matt Taibbi via RollingStone.com,
In late April Marko Kolanovic, a financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic aside, investors should expect stock prices in S&P 500 companies to return to record numbers some time early next year!
“The S&P 500 should attain previous all-time highs,” Kolanovic wrote, “if the monetary measures are sustained.”
The key part of this phrase was the last bit, “if the monetary measures are sustained.” In countries that did not have a Federal Reserve Bank shooting a bazooka of cash daily at Wall Street, Kolanovic suggested the coronavirus would result in a 30 percent decline in the present value of earnings.
In other words, without intervention by the Federal Reserve, the United States in the coronavirus era would be looking at a Depression-level contraction.
Assuming the Fed bazooka keeps firing, however, a large portion of the investor class is already on a road leading back to champagne and confetti. And that, as Robert Frost would say, has made all the difference.
On the road more traveled, on the real side of the coronavirus economy, the pain has been historic. As of this writing, 30 million people have filed jobless claims during the COVID-19 crisis, and millions have lost their employer-based insurance.
At least one in three can’t make their rent, millions more can’t afford groceries, and workers in supermarkets, medical clinics, warehouses, and other professions are now in a macabre race to see if they’ll turn blue and die before corporate employers decide to slash their salaries or retirement benefits — which has already happened to front-line caregivers in some cities.
There are no projections of record earnings in the futures of such people. The best case is survival, and the grim reality of diminished economic horizons. Yet for the tiny sliver of people whose fortunes depend not on salaries, tips, and commissions, but upon the prices of financial products like stocks and bonds, the coronavirus response heralds a brave new world.
The $2.3 trillion CARES Act, the Donald Trump-led rescue package signed into law on March 27th, is a radical rethink of American capitalism. It retains all the cruelties of the free market for those who live and work in the real world, but turns the paper economy into a state protectorate, surrounded by a kind of Trumpian Money Wall that is designed to keep the investor class safe from fear of loss.
This financial economy is a fantasy casino, where the winnings are real but free chips cover the losses. For a rarefied segment of society, failure is being written out of the capitalist bargain.
This is a fresh take on a long-developing dynamic. Dating to the late Eighties, when then-Fed-chief Alan Greenspan slashed interest rates after the 1987 stock-market crash, there’s been an understanding that the government would be there to help Wall Street back on its feet in hard times.
That belief was so strong it had a name: the “Greenspan put.” Bloomberg’s Tim Duy defines the term as “the implied promise that central bankers led by Fed Chairman Alan Greenspan would bail out market participants who indulged in risky behavior.”
The Fed stepped in to flood Wall Street with cash (these are called “liquidity injections”) after a series of messes in the Clinton and Bush years, from the Asian-currency debacle to the collapse of the Long-Term Capital Management hedge fund in the late Nineties to a deflation panic in 2002.
A prolonged period of liquidity injection in the early 2000s prompted a now-familiar pattern of pushing investors out of traditional safe-haven investments (the low interest rates punished savers) and into ever-riskier gambles in commodities, stocks, and the housing markets.
All three arenas saw bubbles, but the one in the U.S. housing market burst after an orgy of Ponzi-style scheming sent mortgage prices shooting through the roof. In the space of a few months in 2008, the pension funds and municipalities that had been urged by greed-sick bankers to invest in a “real estate boom” (actually a fraud-driven speculative bubble) lost fortunes.
Taxpayers and homeowners bore nearly 100 percent of the pain. Nearly 3 million people filed for foreclosure in 2010 alone. Back then, the notion of using state funds to rescue these folks was rejected as laughable, a dangerous “moral hazard.” As billionaire Charlie Munger put it in 2010, homeowners needed to “suck it in and cope,” and not wait for a handout.
Wall Street, though, got the mother of all rescues. The response wasn’t limited to a traditional liquidity injection. Banks were given trillions in bailouts and emergency loans, allowed to dump years of bad investment decisions into special garbage facilities set up by the Federal Reserve, and urged to “drink themselves sober” through years of free money from a zero-interest-rate policy.
The Fed, beginning in late 2008, added a new crisis-response tool called quantitative easing (QE), a fancy academic name for printing trillions of dollars and using it to buy everything from mortgages to government debt. This was with the ostensible aim of increasing “the availability of credit” for things like home purchases, but also to “foster improved conditions in financial markets more generally.”
The dubious underlying logic was that rescuing the economy and rescuing the financial markets were the same thing. To save people, we had to save the economy in which they operate, which meant saving the high-risk investments of Wall Streeters, as much as they might suck.
What’s happening in the COVID-19 crisis is the next step: a financial bubble where the Fed isn’t the cleanup mechanism, but the source of the mania itself. While the real economy is seeing record disruptions, Wall Street has seen prolonged rallies of “rational exuberance” over the Fed’s decision to usher in “QE infinity” and essentially ban losing in finance capitalism.
Though this is a Trump bill — El Pompadour is so determined that the CARES Act be remembered as his work, he fought to get his signature on relief checks — it passed unanimously, by voice vote in the House, and 96-0 in the Senate.
We are primarily funded by readers. Please subscribe and donate to support us!
Talk to Democrats on the Hill and they will tell you this is a bailout to be cheered and supported, nothing like the 2008 rescue. This time is different, the argument goes: Three-quarters of the money goes to real people.
This is true, if one squints and uses a narrow definition of “money.” The $2.3 trillion imagines $560 billion for “individuals” (including $300 billion in cash payments, much by way of the famed $1,200 “Trump” checks), plus $377 billion for small businesses, as well as $339 billion for state and local governments, and $100 billion for hospitals and other health care providers, plus some aid for students and children.
Technically, “only” about $500 billion of the congressionally passed rescue package goes to “big business.” Moreover, the big-business aid ostensibly comes with a range of draconian-sounding conditions barring greedy hijinks, meaning no layoffs, no stock buybacks, no big bonuses, etc., if companies want the handout.
The loophole comes via $454 billion created as part of that big-business package. This “emergency fund” will be dumped into a “special-purpose vehicle” used to backstop further lending by the Federal Reserve.
That $454 billion is designed to grow by a factor of 10 or more. “We can lever up to $4 trillion,” said Steve Mnuchin, playing the “free-spending Goldman Sachs-trained Treasury secretary” role that apparently is a prerequisite for financial-disaster narratives in modern America.
Democrats early on expressed concern about old-school Tammany Hall-style graft, i.e., that the fund would be used to invest in businesses with connections. “We’re not here to create a slush fund for Donald Trump and his family,” is how Elizabeth Warren put it.
However, once Democrats won superficial oversight concessions (including the creation of a Congressional Oversight Commission), Warren and everyone else in the caucus approved the “slush fund” concept, despite the far more radical issues it poses than individual graft.
The CARES Act “slush fund” imagines a future in which markets for all financial products are stressed, perhaps permanently, by lockdowns. In place of a heartless free market of panicked investors who might want to cut their losses and sell, the plan is to simulate real buying and selling of financial products like mortgages and bonds with directed deployments of the Fed’s endless trillions.
And they will be endless. As Fed chief Jerome Powell put it, the Fed is “not going to run out of ammunition” in the war against the economic crisis. Marcus Stanley of Americans for Financial Reform said, “The Fed’s perspective on this is, they want to create normalcy.” But what does “normal” mean in an economy that may be changed forever?
Investors were fleeing stocks, bonds, money-market funds, etc., in the first weeks of March for the perfectly logical reason that most businesses suddenly looked like dicey investments. But the instant the Fed announced its new purchasing programs, most of these markets bounced back nearly all the way up.
Major bond funds that were on the brink of failure on March 23rd — like BlackRock’s $30 billion LQD fund — rebounded and recovered nearly all of their value in the next days. The S&P 500 sank 34 percent in 23 trading sessions at the beginning of the crisis, then after the Fed’s announcement on March 23rd, rose 27 percent in its next 16 sessions. The NYSE Composite hit a low of 8,777 on March 23rd, then started a long march back up over 10,000 and then 11,000 from that day forward.
Investors have begun following the Fed. Analysts are encouraging clients to “buy what the Fed is buying,” because “the stimulus seems to be endless.” The boom isn’t in any particular kind of company or product, but in the Fed itself.
“The Fed is the market, and all the big players know it, while the real economy will stagger far behind,” is how Nomi Prins, author of Collusion and an expert on central-banking policy, puts it.
This plan is getting support from both the right and the left. Wall Street analysts are cheering Fed chief Powell’s decision to act “forcefully, proactively, and aggressively” to forestall financial collapse, while liberal economists seem to cheer the spectacle of the government abandoning harrumphing conservative rhetoric about fiscal restraint to invest massively in the economy.
“I’m more sympathetic than I might otherwise have been,” says noted progressive economist Dean Baker, adding that the extraordinary crisis has created real trouble for a lot of good companies that the Fed’s actions will address.
Decades ago, America started down the road of creating two economic worlds. Our once-mighty brick-and-mortar economy went into decline and began to be exported overseas, to cheap labor zones and countries with less-stringent environmental laws — places that, as economist Larry Summers infamously put it, were “vastly underpolluted.” That American factory workers would be left behind by this process was just their bad luck, another thing requiring a “suck it in and cope” attitude.
Not so for their bosses, though, who were rescued from the decline by transitioning to even-more-profitable work in a new, “financialized” economy. This world emphasized making money by moving it around in the capital markets — prioritizing fees, interest, capital gains, etc. A generation of minds that were trained in the logic of “financialization,” and its underlying principles — which include the idea that workers are fungible, parasitic drains on the more crucial “wealth creators” above — accelerated the aggressive tilt to the political right by America’s wealthy in recent decades.
Even the experts at the Federal Reserve, whose official mandate includes attaining “maximum sustainable employment,” became more and more removed from their real-world purpose over the years, devoted instead to tending to the needs of this second, sandcastle economy over the problems of disenfranchised working people, whose fates mostly couldn’t be helped. And why not? What Fed official ever interacts with anyone not employed in the financial sector? How could the real world ever seep in?
The coronavirus bailout could end up being the last chapter in this hideous story. Although we’re seeing a graphic demonstration of how “unskilled” workers like home health aides and delivery people and grocery clerks are actually the vitally important people in our society, they’re not getting the radical rescue. There’s no sudden universal health care, no guaranteed sick leave, no massive jobs plan, just Band-Aids. They will die in massive numbers and emerge from this crisis, if and when it ends, poorer and more vulnerable than before.
But the financial markets are getting the World War II-style “whatever it takes” financial commitment, based upon the continuing fallacy that “wealth creators” must be the first in line for rescue in any crisis. This was a wrong assumption on the decks of the Titanic, a wrong assumption after 2008, and a criminally wrong assumption now.
Continuing belief in the trickle-down myth that has been destroying and dividing this country for decades will kill us faster than any pandemic. If we’re going to spend in “unlimited” amounts, let’s for once do it in the real world and for the people who need it most.


investmentwatchblog--2020-05-14--As Americans Face Record Unemployment, Democrats Don’t Forget Immigrants

U.S. Tech Workers founder Kevin Lynn and attorney John Miano , an expert on the impact of foreign labor on @ @ @ @ @ the key clauses in the $ 3 trillion HEROES Act for the good , the @ @ @ @ @ In another reaction to the Wuhan virus , the stimulus proposal from Democrats in the @ @ @ @ @ immigration provisions that would impact American workers , including health care workers .
The focus @ @ @ @ @ workers as U.S. medical professionals are being furloughed and as Congress has ignored U.S. doctors @ @ @ @ @ to work is , at best , puzzling , but perhaps is an illustration of @ @ @ @ @ go to waste .

U.S. Tech Workers founder Kevin Lynn and attorney John Miano, an expert on the impact of foreign labor on U.S. tech workers, examine the key clauses in the $3 trillion HEROES Act for the good, the bad and the ugly. In another reaction to the Wuhan virus, the stimulus proposal from Democrats in the House of Representatives includes several immigration provisions that would impact American workers, including health care workers. The focus on visas for foreign medical workers as U.S. medical professionals are being furloughed and as Congress has ignored U.S. doctors who have not been allowed to work is, at best, puzzling, but perhaps is an illustration of Democrats never letting a crisis go to waste.
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investmentwatchblog--2020-05-14--Is the Market Stalling Out? with Chris Vermeulen

Chris Vermeulen says that the recent increase in the stock markets is normal behavior after a crash .
The majority of stocks are lagging at the same time the small caps are under performing .
Many are hitting new lows and are rolling over and heading south .
You ’ re paying more for shares than before the crash .
The fundamentals are worse than ever .
If you ’ re a long term investor this is when you need to step up to the plate and learn how to profit from bear market .
You need to be on @ @ @ @ @ @ @ Bonds and cash .
If you play it correctly , retirement becomes a possibility .
Any type of retirement account can really pay off .
Another March type crash is in the offing .
March was pure panic , the big funds dumped share on bad fundamentals and then people panicked while rushing into cash .
The fear of death is over and people will look to gold .
Gold is the most stable place to put money .
Silver and the gold juniors are not yet in a bull market , but @ @ @ @ @ @ @ ’ re going to get close to negative rates .
That ’ s when precious metals will begin to shine .
Tech has been on fire but the laggards such as airline stocks are close to hitting new lows .
Financials heading for a major decline .
Click Here to Listen to the Audio

from Financial Survival Network
Chris Vermeulen says that the recent increase in the stock markets is normal behavior after a crash. The majority of stocks are lagging at the same time the small caps are under performing. Many are hitting new lows and are rolling over and heading south. You’re paying more for shares than before the crash. The fundamentals are worse than ever. If you’re a long term investor this is when you need to step up to the plate and learn how to profit from bear market. You need to be on the right side of the market. Bonds and cash. If you play it correctly, retirement becomes a possibility. Any type of retirement account can really pay off. Another March type crash is in the offing. March was pure panic, the big funds dumped share on bad fundamentals and then people panicked while rushing into cash. The fear of death is over and people will look to gold. Gold is the most stable place to put money. Silver and the gold juniors are not yet in a bull market, but that’s coming soon. We’re going to get close to negative rates. That’s when precious metals will begin to shine. Tech has been on fire but the laggards such as airline stocks are close to hitting new lows. Financials heading for a major decline.
We are primarily funded by readers. Please subscribe and donate to support us!
Click Here to Listen to the Audio


investmentwatchblog--2020-05-14--The Inevitable Financial Pandemic with Michael Pento

Michael Pento says that there ’ s a huge gap between asset valuations and the economy .
Just look to the Fed .
Many times we were assured there would never be debt monetization .
Now , they ’ re not just buying corporate debt but also buying junk bonds as well .
The Fed is actually making loans directly to businesses and passing out stimulus to anyone with a pulse .
The Fed has truly gone rogue .
And yet , inflation stays down .
Q2 is going to see $ 3 trillion deficit and a $ 4 trillion @ @ @ @ @ @ @ s no productivity associated with this stimulus .
According to Michael Pinto this will result massive stagflation due to massive money printing .
This is unique .
In 2018 stocks took a hit , even though profits were up .
Why ?
It was because the Fed was tightening .
And then the reverse happened in 2019 .
Where do you to find a free market indicator ?
Michael and I have been warning about this for years .
We ’ re heading for the most negative rates in history .
With negative @ @ @ @ @ @ @ spending , which can only result in Stagflation .
Is hyper-inflation a possibility ?
Not likely because it ’ s inconceivable that the US Dollar will collapse against it ’ s trading partners .
But inflation will run into double digits , kicking off the greater depression .
The implosion of the bond market is sure to happen .
Insolvent debt on the corporate and sovereigh realms .
It ’ s a surefire way for a debt collapse .
Click Here to Listen to the Audio

from Financial Survival Network
Michael Pento says that there’s a huge gap between asset valuations and the economy. Just look to the Fed. Many times we were assured there would never be debt monetization. Now, they’re not just buying corporate debt but also buying junk bonds as well. The Fed is actually making loans directly to businesses and passing out stimulus to anyone with a pulse. The Fed has truly gone rogue. And yet, inflation stays down. Q2 is going to see $3 trillion deficit and a $4 trillion deficit for the year. There’s no productivity associated with this stimulus. According to Michael Pinto this will result massive stagflation due to massive money printing. This is unique. In 2018 stocks took a hit, even though profits were up. Why? It was because the Fed was tightening. And then the reverse happened in 2019. Where do you to find a free market indicator? Michael and I have been warning about this for years. We’re heading for the most negative rates in history. With negative rates, we’re increasing current spending, which can only result in Stagflation. Is hyper-inflation a possibility? Not likely because it’s inconceivable that the US Dollar will collapse against it’s trading partners. But inflation will run into double digits, kicking off the greater depression. The implosion of the bond market is sure to happen. Insolvent debt on the corporate and sovereigh realms. It’s a surefire way for a debt collapse.
We are primarily funded by readers. Please subscribe and donate to support us!
Click Here to Listen to the Audio


investmentwatchblog--2020-05-14--Jobless Claims Total 36.5 Million… 40% Of Low-income Workers Fired In March… Wave Of Bankruptcies Po

Jobless Claims Total 36.5 Million… 40% Of Low-income Workers Fired In March… Wave Of Bankruptcies Poses Next Threat

Nearly 40 % of low-income workers lost their jobs in March The Federal Reserve Bank on Thursday reported just how unequally the coronavirus-induced economic downturn is hitting Americans .
At the same time , for the majority of adults , their income and ability to pay current bills appeared to remain generally stable during the initial weeks of the coronavirus pandemic .
Also essentially unchanged was the percentage of people who reported they could pay off an unexpected $ 400 emergency expense entirely using cash , savings , or a credit card at the next statement .
Wave of COVID-19 @ @ @ @ @ @ @ New York ( AFP ) – Larger companies have generally survived the initial blow from the coronavirus crisis , but still face existential challenges to get through what will probably be a long and grinding recovery .
Since COVID-19 shuttered much of the global economy , airlines , major retail chains , oil companies and other hard-hit businesses have been able to tap bank facilities and public debt markets for the funds they need to keep paying the bills and stay afloat .
But many firms now bleeding cash are in for a @ @ @ @ @ @ @ , which likely will come only after a vaccine is developed and broadly employed .
That has raised worries about a much bigger wave of bankruptcies beyond the handful of retailers that have sought to restructure through the US process known as “ Chapter 11 .
”

Weekly jobless claims total 2.981 million, bringing coronavirus tally to 36.5 million
POINTS
New claims for unemployment insurance totaled 2.981 million last week.
That brings the rolling total during the coronavirus crisis to 36.5 million, though the weekly tally has declined for six straight weeks.
Economists surveyed by Dow Jones had been expecting 2.7 million claims.
Nearly 40% of low-income workers lost their jobs in March
New York (CNN Business) The Federal Reserve Bank on Thursday reported just how unequally the coronavirus-induced economic downturn is hitting Americans.
On one hand, lower-income people are getting slammed. Nearly 40% of those with a household income below $40,000 reported a job loss in March, according to the Economic Well-Being of US Households report
At the same time, for the majority of adults, their income and ability to pay current bills appeared to remain generally stable during the initial weeks of the coronavirus pandemic. Also essentially unchanged was the percentage of people who reported they could pay off an unexpected $400 emergency expense entirely using cash, savings, or a credit card at the next statement.
Wave of COVID-19 bankruptcies poses next threat to US economy
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New York (AFP) – Larger companies have generally survived the initial blow from the coronavirus crisis, but still face existential challenges to get through what will probably be a long and grinding recovery.
Since COVID-19 shuttered much of the global economy, airlines, major retail chains, oil companies and other hard-hit businesses have been able to tap bank facilities and public debt markets for the funds they need to keep paying the bills and stay afloat.
But many firms now bleeding cash are in for a tough ride until the economy fully rebounds, which likely will come only after a vaccine is developed and broadly employed.
That has raised worries about a much bigger wave of bankruptcies beyond the handful of retailers that have sought to restructure through the US process known as “Chapter 11.”
Here’s a round-up of the Federals Reserves lending programs — all nine of them — with details on what each will do and their current status. t.co/jDH9S55Uy3 — Bloomberg Asia (@BloombergAsia) May 14, 2020
‘If this isn’t the retail apocalypse I don’t know what would be.’ Thousands of stores will close as the coronavirus turbocharges a shift to e-commerce. t.co/BY3QvRq5Wy "Temporary" job loss? Distribution centers require less workers than department stores. — Darius Dale (@HedgeyeDDale) May 14, 2020
Berkshire Hathaway subsidiaries sold nearly half a million shares of U.S. Bancorp on Monday and Tuesday. Buffett’s firm now owns a stake of less than 10% in the bank. t.co/B7PwUA5LxB — Barron's (@barronsonline) May 13, 2020


investmentwatchblog--2020-05-14--Keep your eyes on #Montenegro. There have been several clashes between the country’s Serbian minorit

This will not be like the Serbian conflict in the 90 ’ s during the Clinton era .
The Russians @ @ @ @ @ the most part stayed out of that , uninvolved .
Any major conflict now in @ @ @ @ @ the major powers : U.S. , NATO , Russia .

Keep your eyes on #Montenegro. There have been several clashes between the country’s Serbian minority and the police. Some are saying that as the country slips into a debt crisis, the government is trying to refocus anger toward the Serbs. This could get nasty quickly. pic.twitter.com/yaZ6Ah2v1i — Jake Hanrahan (@Jake_Hanrahan) May 14, 2020
This will not be like the Serbian conflict in the 90’s during the Clinton era.
The Russians were completely disorganized and for the most part stayed out of that, uninvolved.
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Any major conflict now in the Balkans could draw in the major powers: U.S., NATO, Russia.
h/t Builder


investmentwatchblog--2020-05-14--Samantha Power: I have no recollection of making an unmasking request related to General Flynn.

MS. POWER : Yes .
I have no recollection of making a request related to General Flynn .
Samantha Power @ @ @ @ @ Unmask Michael Flynn , But Declassified Records Show She Unmasked Him 7 Times

MS. POWER: Yes. I have no recollection of making a request related to General Flynn.
Sean Davis
Verified account
@seanmdav
We are primarily funded by readers. Please subscribe and donate to support us!
Samantha Power Claimed She Never Tried To Unmask Michael
Flynn, But Declassified Records Show She Unmasked Him 7 Times
Samantha Power Claimed She Never Tried To Unmask Michael Flynn, But Declassified Records Show She Unmasked Him 7 Times t.co/dUuthryg2U — Sean Davis (@seanmdav) May 13, 2020


investmentwatchblog--2020-05-14--Senator Rand Paul: “The Senate must immediately hold hearings on this! Clapper, Comey, Brennan and e

Senator Rand Paul: “The Senate must immediately hold hearings on this! Clapper, Comey, Brennan and even Biden owe it to the American people…

The Senate must immediately hold hearings on this !
Clapper , Comey , Brennan and even Biden owe it to @ @ @ @ @ should testify under oath .
What did the former president know ?
Yesterday I wrote @ @ @ @ @ the names of those who were involved in Gen Flynn ’ s unmasking .
Today @ @ @ @ @ that @ JoeBiden and many others knew !
What did President Obama know ?
I @ @ @ @ @ testify next week in the Senate

Senator Rand Paul
Verified account
@RandPaul
The Senate must immediately hold hearings on this! Clapper,
Comey, Brennan and even Biden owe it to the American people.
They should testify under oath. What did the former president
know?
We are primarily funded by readers. Please subscribe and donate to support us!
The Senate must immediately hold hearings on this! Clapper, Comey, Brennan and even Biden owe it to the American people. They should testify under oath. What did the former president know? — Senator Rand Paul (@RandPaul) May 13, 2020
Senator Rand Paul
Verified account
@RandPaul
Yesterday I wrote to DNI @RichardGrenell requesting the
names of those who were involved in Gen Flynn’s unmasking.
Today I received the shocking reply that @JoeBiden and many
others knew! What did President Obama know? I am inviting
DNI Grenell to testify next week in the Senate
Yesterday I wrote to DNI @RichardGrenell requesting the names of those who were involved in Gen Flynn’s unmasking. Today I received the shocking reply that @JoeBiden and many others knew! What did President Obama know? I am inviting DNI Grenell to testify next week in the Senate pic.twitter.com/IHpGjeVWwM — Senator Rand Paul (@RandPaul) May 13, 2020


investmentwatchblog--2020-05-14--RUSH: They are subtly succeeding in continuing the lockdown here by finding ways to keep you from go

RUSH: They are subtly succeeding in continuing the lockdown here by finding ways to keep you from going to work.

RUSH : Back to the firing squad we go , Rush Limbaugh , back to the phones .
This is Anna in Bellevue , Washington .
It ’ s great to have you with us .
Hi .
CALLER : Hi , Rush .
So my question is this .
In these states that are postponing school , why don ’ t parents just pull their kids out of the school system entirely and homeschool them ?
And just kind of make it a game plan .
So for the next year we don ’ t know what the school @ @ @ @ @ @ @ we don ’ t know if one of us is gon na have a job or both of us isn ’ t gon na have a job , but we take our kid home , we homeschool ’ em , the school district , the taxes , the money that they get from the federal government comes to us directly .
RUSH : Ha .
Ha .
You think you ’ re gon na get tax money for educating your kids ?
CALLER : I ’ m not saying it ’ s gon @ @ @ @ @ @ @ it ’ s a possibility .
And it ’ s something for people to think about .
I think if enough people acted that way there would be a chance at least to take it to the federal government and say , “ Look .
We want the money .
Not the school district.
” RUSH : Okay .
I can see that I started your brain thinking in a way that I didn ’ t intend .
So I got ta go back and correct .
I made an observation .
Dr. @ @ @ @ @ @ @ t think we ’ re gon na be able to open the schools in the fall .
And then Lamar , “ What do you mean , you can ’ t open the schools ?
” and Fauci supposedly backtracked , “ Well , I didn ’ t quite mean that.
” But he did .
Can ’ t open ’ til we get a vaccine , can ’ t do sports fans in the stands until we got a vaccine , whatever else .
The practical reaction , if you tell a @ @ @ @ @ @ @ gon na reopen , that means they can ’ t go back to work .
I was trying to describe for you its own little self-contained conspiracy here , folks .
By sending health experts out to tell you the schools aren ’ t gon na reopen , they ’ re forcing you to stay home and not go to your jobs .
They ’ re helping keep the economy locked down .
My point is there are people attempting to ruin Donald Trump .
They ’ re trying to get rid of @ @ @ @ @ @ @ Russia collusion story , just as during the fake Ukraine impeachment story , now this is being used to get rid of Trump by destroying the U.S. economy .
The last thing these people want is for you going back to work .
So if they close your kids ’ schools , guess what ?
You can ’ t go back to work .
What does that mean ?
The economy stays effectively locked down .
That ’ s why they don ’ t want to open the schools .
So you heard @ @ @ @ @ @ @ , well , then we should all homeschool.
” What have people been doing in the past two months ?
That ’ s what people have been doing .
But look .
It ’ s not something every parent , every family ’ s gon na do .
There are some families who need schools for their kids to go to so they can leave the house during the day , to work , to go see the mistress , I don ’ t care what it is .
Most people are not @ @ @ @ @ @ @ it ’ d be a great thing and it is a great thing and I ’ m a big advocate of it , it was not my intended reaction that people have .
If you tell people that it ’ s not safe to open the schools , people are gon na do whatever they have to to protect their kids .
So you send the world ’ s foremost authority out to say , “ Schools , I don ’ t think we can open ’ em up .
No , no @ @ @ @ @ @ @ Well , you ’ re telling parents that they can ’ t go to work , at least one of them .
They got ta stay home with the kids .
Can ’ t leave the kids home alone .
Somebody has to be there .
Who ’ s gon na have to the money to hire a babysitter , nanny , whatever ?
Nobody has a job , nobody ’ s job ’ s open .
This guarantees that nobody ’ s job will open up .
It ’ s insidious to @ @ @ @ @ @ @ talking about the age-group of people least likely to acqiure the virus .
Crumb crunchers , skulls full of mush .
Young skulls full of mush .
And homeschooling , while it ’ s a wonderful thing , it ’ s not something most parents are inclined to do .
And then the idea , I mean , it ’ s really great thinking that the state would happily give you the tax revenue to teach your kids , but they don ’ t have the money to give .
You ’ re @ @ @ @ @ @ @ taxes .
Well , I take that back .
They ’ re still trying to collect property taxes .
I think if they prevent you from working , you ought to be able to tell them screw your taxes .
How the hell can I pay you property tax when you won ’ t open my job ?
Anyway , I ’ m out of time .
There ’ s not much more I can add to that .
If you want to homeschool , that ’ s fine .
Don ’ t @ @ @ @ @ @ @ m not criticizing it .
I was trying to explain how they are subtly succeeding in continuing the lockdown here by finding ways to keep you from going to work .
RUSH : Here ’ s David in Medford , Oregon .
You ’ re next , sir .
Hello .
CALLER : Rush , it ’ s so great to talk to you , and I can ’ t believe how strong your voice sounds and how strong you are .
RUSH : I ’ m glad to hear that , really @ @ @ @ @ @ @ .
CALLER : I ’ m a little younger than you .
I know a lot of people what have gone through health situations like yours , and I ’ ll just tell you that the power and the strength that you ’ re demonstrating is pretty dad-gummed amazing , I ’ ll tell you .
RUSH : Well , thank you , sir , very much .
Very , very much .
CALLER : So here ’ s the deal out in Oregon .
I don ’ t know of what other @ @ @ @ @ @ @ hasn ’ t been a blue state forever .
It used to business friendly .
A lot of people are probably looking at it going , “ What the heck happened ?
” And you talked a lot about education .
And you know that education has been , for lack of a better term , weaponized by the left .
And I ’ m just gon na give you an idea what that looks like in my state and why our governor , Kate Brown , really has a very practical reason @ @ @ @ @ @ @ .
So we ’ re a low-population state .
We got about 4.2 million people .
As far as COVID-19 cases , 70 % of all cases in Oregon are in about five of our 36 counties .
So from a data point of view it doesn ’ t makes to shut down the whole state and visit that economic damage on everybody .
But here ’ s the deal .
This financial damage is not equitably distributed .
There is a class of worker in the state of Oregon who is still @ @ @ @ @ @ @ the workers that receive a government paycheck .
So your teachers , your firemen — and , you know , not that they shouldn ’ t , not that they ’ re not earning it .
But the reality is they are , where we have tens of thousands of people out of work .
You know , we have record the unemployment claims in our state .
So what does that mean ?
We ’ re in a political season , and in our state , the political left receives the majority @ @ @ @ @ @ @ This 500-pound gorilla in the Oregon legislator is the Oregon Education Association , the teachers union .
That ’ s the 500-pound gorilla in Oregon politics .
So in politics , you fight with money .
So on one side , you have all the government employee unions that are still fully funded .
But on the other side , you have private business that have really all been cut off from the knees .
So you have a situation where just from a practical point of view — you know , without @ @ @ @ @ @ @ practically going into an election season — the left side still has all of their funding mechanisms almost 100 % intact .
But the people on the private business side , we ’ re lucky if we have — I ’ m just gon na pick a number — 40 % of the funding to work with that we would normally have in an election year .
RUSH : That ’ s actually a very good point .
Let me ask you a question : If the president of the United States were @ @ @ @ @ @ @ shut down ?
RUSH : No chance .
No chance .
California would not be shut down .
Oregon would not be shut down .
Colorado would not be — whatever , Illinois would not be — shut down .
If the president of the United States were a Democrat , it wouldn ’ t be shut .
But that is an excellent point that you ’ re making , that the private sector funding mechanisms for political campaigns have been frozen with the lockdown .
And the longer it goes on , @ @ @ @ @ @ @ , the public employee unions are getting paid .
They ’ re government employees .
They ’ re being paid — federal , state , it doesn ’ t matter — and their union dues are being automatically deducted and sent to various stages of the Democrat Party .
Great call .
RUSH : We just had a call from Oregon .
Listen to this .
This is a story from the Washington Examiner .
“ Washington to make reopening restaurants keep ‘ daily log ’ of patron names and contact information.
” @ @ @ @ @ @ @ the elderly and people with underlying health issues and nursing homes in poorly run blue states is the reason being used to shut down economies .
So now restaurants in Washington — who ’ s gon na go out and eat if you ’ ve got ta give your contact information ?
You have to give your name and whatever else the authorities want if you ’ re gon na go out to eat in the state of Washington .
Male waiters , male bartenders .
“ Hi .
Can I have your @ @ @ @ @ @ @ I have your contact information ?
I have to collect it for the state before you can be served.
” Man , oh , man , oh , man .

via rushlimbaugh
RUSH: Back to the firing squad we go, Rush Limbaugh, back to the phones. This is Anna in Bellevue, Washington. It’s great to have you with us. Hi.
CALLER: Hi, Rush. So my question is this. In these states that are postponing school, why don’t parents just pull their kids out of the school system entirely and homeschool them? And just kind of make it a game plan. So for the next year we don’t know what the school district’s gonna do, we don’t know if one of us is gonna have a job or both of us isn’t gonna have a job, but we take our kid home, we homeschool ’em, the school district, the taxes, the money that they get from the federal government comes to us directly.
RUSH: Ha. Ha. You think you’re gonna get tax money for educating your kids?
CALLER: I’m not saying it’s gonna happen. I’m saying it’s a possibility. And it’s something for people to think about. I think if enough people acted that way there would be a chance at least to take it to the federal government and say, “Look. We want the money. Not the school district.”
RUSH: Okay. I can see that I started your brain thinking in a way that I didn’t intend. So I gotta go back and correct. I made an observation. Dr. Fauci yesterday said that he doesn’t think we’re gonna be able to open the schools in the fall. And then Lamar, “What do you mean, you can’t open the schools?” and Fauci supposedly backtracked, “Well, I didn’t quite mean that.” But he did. Can’t open ’til we get a vaccine, can’t do sports fans in the stands until we got a vaccine, whatever else.
The practical reaction, if you tell a bunch of parents that schools are not gonna reopen, that means they can’t go back to work. I was trying to describe for you its own little self-contained conspiracy here, folks. By sending health experts out to tell you the schools aren’t gonna reopen, they’re forcing you to stay home and not go to your jobs. They’re helping keep the economy locked down.
My point is there are people attempting to ruin Donald Trump. They’re trying to get rid of him, just as during the Trump Russia collusion story, just as during the fake Ukraine impeachment story, now this is being used to get rid of Trump by destroying the U.S. economy. The last thing these people want is for you going back to work. So if they close your kids’ schools, guess what? You can’t go back to work. What does that mean? The economy stays effectively locked down. That’s why they don’t want to open the schools.
So you heard that, you say, “Oh, well, then we should all homeschool.” What have people been doing in the past two months? That’s what people have been doing. But look. It’s not something every parent, every family’s gonna do. There are some families who need schools for their kids to go to so they can leave the house during the day, to work, to go see the mistress, I don’t care what it is.
Most people are not going to homeschool. And even though it’d be a great thing and it is a great thing and I’m a big advocate of it, it was not my intended reaction that people have. If you tell people that it’s not safe to open the schools, people are gonna do whatever they have to to protect their kids. So you send the world’s foremost authority out to say, “Schools, I don’t think we can open ’em up. No, no, no, no, no.”
Well, you’re telling parents that they can’t go to work, at least one of them. They gotta stay home with the kids. Can’t leave the kids home alone. Somebody has to be there. Who’s gonna have to the money to hire a babysitter, nanny, whatever? Nobody has a job, nobody’s job’s open. This guarantees that nobody’s job will open up. It’s insidious to sit out there — we’re talking about the age-group of people least likely to acqiure the virus. Crumb crunchers, skulls full of mush. Young skulls full of mush.
And homeschooling, while it’s a wonderful thing, it’s not something most parents are inclined to do. And then the idea, I mean, it’s really great thinking that the state would happily give you the tax revenue to teach your kids, but they don’t have the money to give. You’re not working. Nobody’s paying taxes. Well, I take that back. They’re still trying to collect property taxes. I think if they prevent you from working, you ought to be able to tell them screw your taxes. How the hell can I pay you property tax when you won’t open my job?
Anyway, I’m out of time. There’s not much more I can add to that. If you want to homeschool, that’s fine. Don’t want anybody to misunderstand. I’m not criticizing it. I was trying to explain how they are subtly succeeding in continuing the lockdown here by finding ways to keep you from going to work.
BREAK TRANSCRIPT
RUSH: Here’s David in Medford, Oregon. You’re next, sir. Hello.
CALLER: Rush, it’s so great to talk to you, and I can’t believe how strong your voice sounds and how strong you are.
RUSH: I’m glad to hear that, really glad to hear that. Thank you.
CALLER: I’m a little younger than you. I know a lot of people what have gone through health situations like yours, and I’ll just tell you that the power and the strength that you’re demonstrating is pretty dad-gummed amazing, I’ll tell you.
We are primarily funded by readers. Please subscribe and donate to support us!
RUSH: Well, thank you, sir, very much. Very, very much.
CALLER: So here’s the deal out in Oregon. I don’t know of what other blue states look like, but Oregon hasn’t been a blue state forever. It used to business friendly. A lot of people are probably looking at it going, “What the heck happened?” And you talked a lot about education. And you know that education has been, for lack of a better term, weaponized by the left.
And I’m just gonna give you an idea what that looks like in my state and why our governor, Kate Brown, really has a very practical reason for wanting to keep business shut down. So we’re a low-population state. We got about 4.2 million people. As far as COVID-19 cases, 70% of all cases in Oregon are in about five of our 36 counties.
So from a data point of view it doesn’t makes to shut down the whole state and visit that economic damage on everybody. But here’s the deal. This financial damage is not equitably distributed. There is a class of worker in the state of Oregon who is still financially healthy, and those are all the workers that receive a government paycheck.
So your teachers, your firemen — and, you know, not that they shouldn’t, not that they’re not earning it. But the reality is they are, where we have tens of thousands of people out of work. You know, we have record the unemployment claims in our state. So what does that mean? We’re in a political season, and in our state, the political left receives the majority of their funding from government unions.
This 500-pound gorilla in the Oregon legislator is the Oregon Education Association, the teachers union. That’s the 500-pound gorilla in Oregon politics. So in politics, you fight with money. So on one side, you have all the government employee unions that are still fully funded. But on the other side, you have private business that have really all been cut off from the knees.
So you have a situation where just from a practical point of view — you know, without the philosophy or anything else, just practically going into an election season — the left side still has all of their funding mechanisms almost 100% intact. But the people on the private business side, we’re lucky if we have — I’m just gonna pick a number — 40% of the funding to work with that we would normally have in an election year.
RUSH: That’s actually a very good point. Let me ask you a question: If the president of the United States were a Democrat, would your state be shut down?
CALLER: Unlikely.
RUSH: (chuckles) Unlikely?
CALLER: Unlikely.
RUSH: No chance. No chance. California would not be shut down. Oregon would not be shut down. Colorado would not be — whatever, Illinois would not be — shut down. If the president of the United States were a Democrat, it wouldn’t be shut. But that is an excellent point that you’re making, that the private sector funding mechanisms for political campaigns have been frozen with the lockdown.
And the longer it goes on, the longer that discrepancy exists. Meanwhile, the public employee unions are getting paid. They’re government employees. They’re being paid — federal, state, it doesn’t matter — and their union dues are being automatically deducted and sent to various stages of the Democrat Party. Great call.
BREAK TRANSCRIPT
RUSH: We just had a call from Oregon. Listen to this. This is a story from the Washington Examiner. “Washington to make reopening restaurants keep ‘daily log’ of patron names and contact information.”
A virus that is a threat to the elderly and people with underlying health issues and nursing homes in poorly run blue states is the reason being used to shut down economies. So now restaurants in Washington — who’s gonna go out and eat if you’ve gotta give your contact information? You have to give your name and whatever else the authorities want if you’re gonna go out to eat in the state of Washington.
Male waiters, male bartenders. “Hi. Can I have your number?” “Hi. Can I have your contact information? I have to collect it for the state before you can be served.” Man, oh, man, oh, man.


investmentwatchblog--2020-05-14--Rome airport introduces “smart helmet” to detect corona virus

Engineers at a Rome airport tested a new “ smart helmet , ” Tuesday , May 13 , which scans passengers ’ temperatures as they are moving , in an attempt to fight the coronavirus amid an easing of travel restrictions .
————————— READ MORE : Italy ’ s virus reopening was supposed to be accompanied by a series of measures to limit infections in the one-time epicenter of Europe ’ s pandemic : the distribution of millions of inexpensive surgical masks to pharmacies nationwide , a pilot project of 150,000 antibody tests and , eventually , the rollout of @ @ @ @ @ @ @ is in place as Italy experiments with its second week of loosened restrictions , while looking ahead to Monday ’ s reopening of shops and , in some regions , bars and restaurants .
Italy ’ s commissioner for the emergency , Domenico Arcuri , went on the defensive Tuesday to respond to mounting criticism of his Phase II rollout .
He insisted , “ Italians know well what to do ” to protect themselves , even if they don ’ t have the tests , masks , contact-tracing or other measures that @ @ @ @ @ @ @ to reopen in safety .
————————— LINK : www.voanews.com/covid-19-pand…

CORONAVIRUS
Engineers at a Rome airport tested a new “smart helmet,” Tuesday, May 13, which scans passengers’ temperatures as they are moving, in an attempt to fight the coronavirus amid an easing of travel restrictions.
—————————
READ MORE: Italy’s virus reopening was supposed to be accompanied by a series of measures to limit infections in the one-time epicenter of Europe’s pandemic: the distribution of millions of inexpensive surgical masks to pharmacies nationwide, a pilot project of 150,000 antibody tests and, eventually, the rollout of a contact-tracing app.
None of these is in place as Italy experiments with its second week of loosened restrictions, while looking ahead to Monday’s reopening of shops and, in some regions, bars and restaurants.
We are primarily funded by readers. Please subscribe and donate to support us!
Italy’s commissioner for the emergency, Domenico Arcuri, went on the defensive Tuesday to respond to mounting criticism of his Phase II rollout.
He insisted, “Italians know well what to do” to protect themselves, even if they don’t have the tests, masks, contact-tracing or other measures that public health authorities deemed necessary for Italy to reopen in safety.
—————————
LINK: www.voanews.com/covid-19-pand…


investmentwatchblog--2020-05-14--“Rachel” Levine Moves Mother Out Of Nursing Home

Wolf and Levine have shutdown the entire state because they completely fucked up by allowing the virus to run rampant in nursing homes .
To date , state figures show that nursing homes residents have accounted for 2,529 of the state ’ s 3,707 reported covid-19 deaths .
So 68 % of the deaths in the state are in nursing homes , but every “ non-essential ” business is closed .
And then “ Rachel ” does what is best for his/her/it ’ s mother while allowing others to die due to his/her/it ’ s criminally inept failure .
Orwell @ @ @ @ @ @ @ equal , but some animals are more equal than others.
” HARRISBURG , Pa. ( WHTM ) — Nearly 70 % of Pennsylvania ’ s Covid-19 deaths , 2611 of 3806 , have occurred in nursing homes or long-term care facilities .
State Health Secretary Dr. Rachel Levine announced new guidance for those facilities on Tuesday to include more resources , education , and mass testing .
“ By testing every resident and every staff member in every nursing home , we will be able to pinpoint exactly who has Covid-19 , who @ @ @ @ @ @ @ , and cohort positive cases to prevent further spread , ” Levine said , adding that the state will also require nursing homes to report all cases and deaths which will be available publicly .
While Levine beefs up rules and oversight at nursing homes and long-term care facilities , ABC27 learned the health secretary ’ s mother recently vacated a personal care home in the Midstate .
“ My mother requested , and my sister and I as her children complied to move her to another location during the Covid-19 outbreak , @ @ @ @ @ @ @ is 95 years old .
She is very intelligent and more than competent to make her own decisions.
” Many in Harrisburg wondered what kind of message it sends — when a close relative of the person tasked with overseeing those types of facilities doesn ’ t choose to stay in one .
Levine countered that she is working to protect the health of all Pennsylvanians .
Governor Wolf continued to take fire Tuesday , mostly from Republican elected officials , over his decisions on what counties and businesses can or can not @ @ @ @ @ @ @ , in Wolf ’ s home county of York , defiantly opened its doors and is serving dine-in customers against the rules of the red phase .
The York district attorney , however , has vowed to not prosecute business owners who ignore the governor ’ s shutdown mandate .
Wolf insisted on Tuesday that his approach is not slow but deliberate and that it has saved Pennsylvanian lives .
“ We ’ re all fighting a common enemy and the enemy is not the Commonwealth of Pennsylvania , ” he said .
@ @ @ @ @ @ @ It ’ s not Donald Trump .
It ’ s not the General Assembly .
It ’ s this virus .
We are all fighting this war together .
We can ’ t run up the white flag .
We have got to fight this to the end.
” The governor maintains that if the state were to re-open too soon , and the virus comes roaring back , eight weeks of sacrifice and self-exile would have been wasted .

by Jim Quinn
Wolf and Levine have shutdown the entire state because they completely fucked up by allowing the virus to run rampant in nursing homes. To date, state figures show that nursing homes residents have accounted for 2,529 of the state’s 3,707 reported covid-19 deaths. So 68% of the deaths in the state are in nursing homes, but every “non-essential” business is closed. And then “Rachel” does what is best for his/her/it’s mother while allowing others to die due to his/her/it’s criminally inept failure. Orwell applies again:
“All animals are equal, but some animals are more equal than others.”
Via ABC27
HARRISBURG, Pa. (WHTM) — Nearly 70% of Pennsylvania’s Covid-19 deaths, 2611 of 3806, have occurred in nursing homes or long-term care facilities. State Health Secretary Dr. Rachel Levine announced new guidance for those facilities on Tuesday to include more resources, education, and mass testing.
“By testing every resident and every staff member in every nursing home, we will be able to pinpoint exactly who has Covid-19, who has been exposed but has no symptoms, and cohort positive cases to prevent further spread,” Levine said, adding that the state will also require nursing homes to report all cases and deaths which will be available publicly.
While Levine beefs up rules and oversight at nursing homes and long-term care facilities, ABC27 learned the health secretary’s mother recently vacated a personal care home in the Midstate.
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“My mother requested, and my sister and I as her children complied to move her to another location during the Covid-19 outbreak,” Levine said. “My mother is 95 years old. She is very intelligent and more than competent to make her own decisions.”
Many in Harrisburg wondered what kind of message it sends — when a close relative of the person tasked with overseeing those types of facilities doesn’t choose to stay in one. Levine countered that she is working to protect the health of all Pennsylvanians.
Governor Wolf continued to take fire Tuesday, mostly from Republican elected officials, over his decisions on what counties and businesses can or cannot reopen.
The Round the Clock Diner, in Wolf’s home county of York, defiantly opened its doors and is serving dine-in customers against the rules of the red phase. The York district attorney, however, has vowed to not prosecute business owners who ignore the governor’s shutdown mandate.
Wolf insisted on Tuesday that his approach is not slow but deliberate and that it has saved Pennsylvanian lives.
“We’re all fighting a common enemy and the enemy is not the Commonwealth of Pennsylvania,” he said. “It’s not me. It’s not Donald Trump. It’s not the General Assembly. It’s this virus. We are all fighting this war together. We can’t run up the white flag. We have got to fight this to the end.”
The governor maintains that if the state were to re-open too soon, and the virus comes roaring back, eight weeks of sacrifice and self-exile would have been wasted.


investmentwatchblog--2020-05-14--Democrats Try to Eliminate Proof of Who You Are to Vote

Just when you thought it could not get any more corrupt , the Democrats have demonstrated to the world that they are beyond all morality , ethics , and are outright corrupt .
Tucked inside House Democrats ’ new coronavirus bill is language that would create a loophole in states ’ voter ID requirements , allowing people to cast ballots without having to prove who they are .
After accusing Russia of influencing the 2016 election , they are trying to sneak in open-season for total corruption .
It has long been a joke in Chicago where all the dead @ @ @ @ @ @ @ the number of votes always exceeds the population .
Now they want votes to be counted with no proof of who you are , alive , dead , an illegal alien not paying taxes or a tourist from Europe , or perhaps even from Mars with green or grey skin .
I warned that the 2020 election will be the MOST CORRUPT in history .
The Democrats have proven this is beyond question .
The problem they are unleashing is if they have so corrupted the election to overthrow Trump , they will @ @ @ @ @ @ @ .
We will be looking at massive civil unrest and there will be blood in the streets .
If the Democrats think that they can get away with that , all civility will come to an end .
That would encourage civil war .
I have warned that I had good DIRECT information that those associated with Bill Gates sold out in January because of a coming “ virus ” that had not even made a blip on the news .
This is not about vaccines to save the world , perhaps ID2020 @ @ @ @ @ @ @ gives a shit if we live or die .
I have VERY GOOD sources and this has been about removing Trump BECAUSE they see him as the person stopping their dream of reconstructing the world economy to their New Green World Order .
They will do absolutely everything they possibly can .
Fauci just told the senate people will die needlessly if we open up too soon .
He is preaching the Gates Agenda to destroy the economy to rebuild this in their dream .
Of course , all the left press is @ @ @ @ @ @ @ York Times , Washington Post , CNN , MSNBC , are all conspiring to try to keep the country locked down to destroy as much as possible in hopes the people will overthrow Trump and then we will all openly accept mandatory vaccines from Bill Gates .
I wonder how much it cost him to buy the whole bunch ?
Did he get a discount as a package deal ?
They have certainly turned against the people for a price .
We are in for the battle of our lives .
They win @ @ @ @ @ @ @ we will perhaps remember only in films if they do not burn them to hide history .
They will NOT be successful in conquering the world .
There is resistance rising globally .
We will use Socrates to identify the safe havens .
This year , 2020 , was our timing target .
It was exactly 86 years to this decline and fall of the Roman Empire .
2020 is exactly 86 years from 1934 and the New Deal when they also confiscated gold .
Welcome to the New Green Deal .
They @ @ @ @ @ @ @ a digital currency to control everything .

by Martin Armstrong
Just when you thought it could not get any more corrupt, the Democrats have demonstrated to the world that they are beyond all morality, ethics, and are outright corrupt. Tucked inside House Democrats’ new coronavirus bill is language that would create a loophole in states’ voter ID requirements, allowing people to cast ballots without having to prove who they are.
After accusing Russia of influencing the 2016 election, they are trying to sneak in open-season for total corruption. It has long been a joke in Chicago where all the dead manage to vote Democratic in elections and the number of votes always exceeds the population.
Now they want votes to be counted with no proof of who you are, alive, dead, an illegal alien not paying taxes or a tourist from Europe, or perhaps even from Mars with green or grey skin.
I warned that the 2020 election will be the MOST CORRUPT in history. The Democrats have proven this is beyond question. The problem they are unleashing is if they have so corrupted the election to overthrow Trump, they will ignore the political bonfire of all time. We will be looking at massive civil unrest and there will be blood in the streets. If the Democrats think that they can get away with that, all civility will come to an end. That would encourage civil war.
We are primarily funded by readers. Please subscribe and donate to support us!
I have warned that I had good DIRECT information that those associated with Bill Gates sold out in January because of a coming “virus” that had not even made a blip on the news. This is not about vaccines to save the world, perhaps ID2020 to control the world, but nobody gives a shit if we live or die. I have VERY GOOD sources and this has been about removing Trump BECAUSE they see him as the person stopping their dream of reconstructing the world economy to their New Green World Order. They will do absolutely everything they possibly can.
Fauci just told the senate people will die needlessly if we open up too soon. He is preaching the Gates Agenda to destroy the economy to rebuild this in their dream. Of course, all the left press is in on this coup. The New York Times, Washington Post, CNN, MSNBC, are all conspiring to try to keep the country locked down to destroy as much as possible in hopes the people will overthrow Trump and then we will all openly accept mandatory vaccines from Bill Gates. I wonder how much it cost him to buy the whole bunch? Did he get a discount as a package deal? They have certainly turned against the people for a price.
We are in for the battle of our lives. They win and there will be little left that we will perhaps remember only in films if they do not burn them to hide history. They will NOT be successful in conquering the world. There is resistance rising globally. We will use Socrates to identify the safe havens.
This year, 2020, was our timing target. It was exactly 86 years to this decline and fall of the Roman Empire. 2020 is exactly 86 years from 1934 and the New Deal when they also confiscated gold. Welcome to the New Green Deal. They are back! This time they want a digital currency to control everything.


investmentwatchblog--2020-05-14--China gets ‘free pass’ after years of ‘gross and systematic’ human rights abuses

Recently declassified cable from June 4th 1989 , Tiananmen Square , to give an idea of the ethics and humanity of the government in power ” APCS OPENED FIRE ON THE CROWD ( BOTH CIVILIANS AND SOLDIERS ) BEFORE RUNNING OVER THEM IN THEIR APCS .
” ” STUDENTS LINKED ARMS BUT WERE MOWN DOWN INCLUDING SOLDIERS .
APCS THEN RAN OVER BODIES TIME AND TIME AGAIN TO MAKE QUOTE PIE UNQUOTE AND REMAINS COLLECTED BY BULLDOZER .
REMAINS INCINERATED AND THEN HOSED DOWN DRAINS .
” ” 4 WOUNDED GIRL STUDENTS BEGGED FOR THEIR LIVES BUT WERE BAYONETED .
@ @ @ @ @ @ @ BUT HER MOTHER WAS SHOT AS SHE WENT TO HER AID AS WERE SIX OTHERS WHO TRIED .
” ” ARMY SNIPERS SHOT MANY CIVILIANS ON BALCONIES , STREETSWEEPERS ETC FOR TARGET PRACTICE .
BEIJING HOSPITALS HAD BEEN ORDERED TO ACCEPT ONLY SECURITY FORCE CASULTIES .
” Know that China ’ s head of state at the time actually supported the protesters .
After the events , he was removed along with anyone else in any rank of government that had showed support for the protesters .
If anything , the current government @ @ @ @ @ @ @ than the one 30 years ago .

by leroy707
Recently declassified cable from June 4th 1989, Tiananmen Square, to give an idea of the ethics and humanity of the government in power
” APCS OPENED FIRE ON THE CROWD (BOTH CIVILIANS AND SOLDIERS) BEFORE RUNNING OVER THEM IN THEIR APCS. ”
” STUDENTS LINKED ARMS BUT WERE MOWN DOWN INCLUDING SOLDIERS. APCS THEN RAN OVER BODIES TIME AND TIME AGAIN TO MAKE QUOTE PIE UNQUOTE AND REMAINS COLLECTED BY BULLDOZER. REMAINS INCINERATED AND THEN HOSED DOWN DRAINS. ”
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” 4 WOUNDED GIRL STUDENTS BEGGED FOR THEIR LIVES BUT WERE BAYONETED. A 3 YEAR OLD GIRL WAS INJURED BUT HER MOTHER WAS SHOT AS SHE WENT TO HER AID AS WERE SIX OTHERS WHO TRIED. ”
” ARMY SNIPERS SHOT MANY CIVILIANS ON BALCONIES, STREETSWEEPERS ETC FOR TARGET PRACTICE. BEIJING HOSPITALS HAD BEEN ORDERED TO ACCEPT ONLY SECURITY FORCE CASULTIES. ”
Know that China’s head of state at the time actually supported the protesters. After the events, he was removed along with anyone else in any rank of government that had showed support for the protesters. If anything, the current government is much more ingrained in hardliner idealism than the one 30 years ago.


investmentwatchblog--2020-05-14--The true reason for the “lockdown”.

The true reason for the “lockdown”.

I ’ m wondering when people will actually understand that the “ lockdown ” wasn ’ t put in place to combat this pandemic .
It was put in place to slow down the initial spread of the pandemic so that medical facilities would have time to prepare for the full brunt of the pandemic .
Misnomer statements like , “ The cure shouldn ’ t be worse than the disease ” , in relation to the lockdown , facilitate this misunderstanding .
The lockdown has never been the cure and should not be embellished in such a way that @ @ @ @ @ @ @ no point did anyone say that the pandemic could be stopped by social distancing , washing our hands , or changing our behaviors for healthier practices .
At some point we will have to get back to work and face the fact that we , as individuals , are responsible for our own safety and well being .
That we are responsible for the safety of those around us .
That our actions are part of the bigger picture .
If you care about your health , then your behaviors should reflect that @ @ @ @ @ @ @ ’ s health , your behaviors should reflect that .
If you care about your neighbors and community , then your behaviors should reflect that .
It ’ s quite simple .
Large gatherings of people create the highest potential for contraction of the coronavirus .
Once you partake in a large gathering of people , you are not the only person you are putting at risk anymore .
When you go home , work , the gym , and yes , even when you go to church , everyone at those locations @ @ @ @ @ @ @ go to when they leave are put at a higher risk than if you did not partake in a large gathering .
Stop whining about your “ freedoms ” being taken away , because they aren ’ t .
You can still behave however you want , it ’ s just that your behaviors are impacting others lives in a more threatening way at this time and so the consequences are higher as well .
Edit : Thank you all for commenting .
It ’ s great that we have a community in @ @ @ @ @ @ @ also want to say this : To be clear , this is not a political post .
Every leader in the US involved with this pandemic has made mistakes .
Political ideals are not morals and will not help us advance past this pandemic .
We need to stop placing blame on others and berating others for their ideas .
Even the worst idea can give us insight .
Don ’ t just say , “ that won ’ t work.
” By determining why it won ’ t work , we gain @ @ @ @ @ @ @ # 2 : I am not advocating for the lockdown to continue .
It was mismanaged to put it lightly and has been in place for far longer than the intended results .
Disclaimer : This is a guest post and it doesn ’ t necessarily represent the views of IWB .

by emptysku77
I’m wondering when people will actually understand that the “lockdown” wasn’t put in place to combat this pandemic. It was put in place to slow down the initial spread of the pandemic so that medical facilities would have time to prepare for the full brunt of the pandemic.
Misnomer statements like, “The cure shouldn’t be worse than the disease”, in relation to the lockdown, facilitate this misunderstanding. The lockdown has never been the cure and should not be embellished in such a way that implies it is the cure.
At no point did anyone say that the pandemic could be stopped by social distancing, washing our hands, or changing our behaviors for healthier practices. At some point we will have to get back to work and face the fact that we, as individuals, are responsible for our own safety and well being. That we are responsible for the safety of those around us. That our actions are part of the bigger picture.
If you care about your health, then your behaviors should reflect that. If you care about your family’s health, your behaviors should reflect that. If you care about your neighbors and community, then your behaviors should reflect that.
It’s quite simple. Large gatherings of people create the highest potential for contraction of the coronavirus. Once you partake in a large gathering of people, you are not the only person you are putting at risk anymore. When you go home, work, the gym, and yes, even when you go to church, everyone at those locations, plus all the locations those people go to when they leave are put at a higher risk than if you did not partake in a large gathering.
We are primarily funded by readers. Please subscribe and donate to support us!
Stop whining about your “freedoms” being taken away, because they aren’t. You can still behave however you want, it’s just that your behaviors are impacting others lives in a more threatening way at this time and so the consequences are higher as well.
Edit: Thank you all for commenting. It’s great that we have a community in which we can share ideas.
I also want to say this: To be clear, this is not a political post. Every leader in the US involved with this pandemic has made mistakes. Political ideals are not morals and will not help us advance past this pandemic. We need to stop placing blame on others and berating others for their ideas. Even the worst idea can give us insight. Don’t just say, “that won’t work.” By determining why it won’t work, we gain knowledge and can move forward.
Edit #2: I am not advocating for the lockdown to continue. It was mismanaged to put it lightly and has been in place for far longer than the intended results.
Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.


investmentwatchblog--2020-05-14--OFFICIAL: ALL DEATH TO BE FORBIDDEN BY 2030

Further directives in relation to the New Settled Science Normal are to be published tomorrow .
The Slog has obtained a prelease copy The Feral Bureau of Pot Exhalation ( FBPE ) has been using the learnings from the novel corona virus pandemic in order to develop and put forward science-led directives going forward to American , British and EU Gauleiters dealing with unpredictable but inevitable future mass-slaughter events on the same scale as the deadly killer Contrick19 .
The goal of FBPE will remain as always the eradication of all death from any cause whatsoever by 2030 , and @ @ @ @ @ @ @ ( SS ) requires your obligatory attention as from 22:30 CET next Sunday : It has been established beyond doubt by the Clinton , Gates and Chou en Zuckerberg Foundations that addiction to tobacco is in fact a long-dormant virus originally transmitted to civilised white settlers by the Germ Warfare division of Sioux Indian tribe extremists in 1958 .
Tobacco usage already kills seven million people worldwide a year , but based on studies extensively modelling the movement of the San Andreas fault , Dr Anthony Fauci and his colleagues at the Centre @ @ @ @ @ @ @ virus will mutate on the first rainy day in September 2021 .
The Cambridge University Boat Race team estimate , because of that mutation , that lung cancer , emphysema and passive smoking deaths will kill five billion people per annum in 2023 .
As this is a legal drug , we are naturally – under the Bill of Rights , Magna Carta & the EU Human Rights legislation – unable to stop Big Tobacco from selling it , especially as our tax revenues from them are so fucking enormous .
However , @ @ @ @ @ @ @ Tobmute21 will be traced , tested and imunised under the new Global Libertarian Anti-Xenophobia Operative ( GLAXO ) , whereby you still have a free choice because volunteering for vaccination will be obligatory .
The World Hype Orgnisation ( WHO ) records that drowning is the third biggest cause of unintentional injury death worldwide .
This is despite the fact that 99.8 % of all those who die from this excrutiating demise could in fact swim .
Many years of expert research have gone into what lies behind this engima .
The various @ @ @ @ @ @ @ Association – have concluded with total unanimity , following selective medically controlled purges , that water is a highly dangerous substance with an intoxicating effect known on frequent occasions to be a hiding place for anti-social elements such as sharks , giant squids , sea urchins , nuclear submarines , fish excrement , electric eels and so forth .
The WHO has declared the task of weaning our species off water the Number One Health Priority , and this year the UN will be asking all civilised , democratic governments to sign up @ @ @ @ @ @ @ , or WISE .
Further research by the University of Milwaukee ( sponsored jointly by the Freddie Heineken Institute and the OmniBooze Health Initiative ) has concluded that only water chemically cleansed by naturally occurring fruit and grain brewing and distillation is fit for human concsumption .
In this context , the Centre for Detoxification Cancellation ( CDC ) has directed that all liquid intake should be safely alcoholic , for example beer , wine , vodka , hard spirits and methylated spirits .
Top World leaders including Jereboam Dijesslbleom , Emmanuel Macron @ @ @ @ @ @ @ Jean-Claude Juncker have approved the report .
Accordingly , the following action is to be taken : • All beaches will be mined immediately • All non-commercial sailing is to be banned worldwide • Domestic Water Supply will be sold to Omnibooze and become 13.5 % ABV • DWS charges will be set at $ 25 a litre Low Altitude Satellite and social media surveillance of lakes and beaches will be handled by The Googleberg Clintgates Consortium .
All mine-laying will be overseen by Sedwill Robbins Associates .
A staggering 1.35 million people @ @ @ @ @ @ @ that ’ s a tragic 3,700 people who lose their lives every day on the roads – which is let ’ s face it , incredibly careless of them .
But in turn , a further 20-50 million suffer non-fatal injuries , often resulting in long-term disabilities and placing enormous stress on our hospitals whose beds are already 15 % occupied .
No less an organ than The Sun has predicted that this ‘ totally new phenomenon ’ will result in ‘ the dead going unburied unless something is done to crack down @ @ @ @ @ @ @ car madness ’ , adding that “ 100 % of all car journeys now result in the eventual death of all passengers and drivers ” .
The London Times has engaged the services of Inperilous University College ’ s Professor of Fundraising Nihil Fiddleshagger in the construction of a model .
In a world exclusive , The Slog now presents the first picture of this incredibly sensitive prediction device : Keen students of Settled Science will instantly recognise the model as a giant leap forward in the projection of where the insanity on @ @ @ @ @ @ @ something drastic immediately , viz , heading at 930 mph along the B4920 before taking the second left onto the A206 in the direction of Adverse Camber via Loader ’ s Crossing .
“ As a specialist in the virology of road safety , ” Professor Fiddleshagger commented last night , “ it is clear to me that we are seeing serious roadway collisions trebling in size .
Known to his intimates as “ Prof Crystalballs ” , Nihil told the Times , “ There is very clear evidence here that we are @ @ @ @ @ @ @ virus that causes drivers to behave recklessly once seated behind a steering wheel ” .
Fiddleshagger ’ s research into this deadly plague ( now renamed Deathwish20 ) is funded by the Motor Insurers ’ Foundation in partnership with the Institute of Global Bancassurance , the Sanofi-Zuckergates Implant Project , and the Hillary Epstein Trust in association with Darryl F Kissinger , Botmade Films , and The NSAGCHQ Philanthropic Elders of Langley Virginia ( 2018 ) Incorporated .
Immediately following publication of the model ’ s prediction that the automotive sector would die @ @ @ @ @ @ @ and forty-six chimpanzees , shares in the George Soros Horse & Cart conglomerate rose 136 % in two hours .
The New York Times reports that Fiddleshagger will recommend obligatory satnav brain chip and slow release anti-nutjob vaccination for all adults answering to the description Homo sapiens , plus a trebling of annual car insurance premiums in order to motivate the left brain hemisphere to get rather more involved in this driving shit .

by John Ward
Further directives in relation to the New Settled Science Normal are to be published tomorrow. The Slog has obtained a prelease copy
The Feral Bureau of Pot Exhalation (FBPE) has been using the learnings from the novel corona virus pandemic in order to develop and put forward science-led directives going forward to American, British and EU Gauleiters dealing with unpredictable but inevitable future mass-slaughter events on the same scale as the deadly killer Contrick19.
The goal of FBPE will remain as always the eradication of all death from any cause whatsoever by 2030, and to this end the following Settled Science (SS) requires your obligatory attention as from 22:30 CET next Sunday:
Smoking
It has been established beyond doubt by the Clinton, Gates and Chou en Zuckerberg Foundations that addiction to tobacco is in fact a long-dormant virus originally transmitted to civilised white settlers by the Germ Warfare division of Sioux Indian tribe extremists in 1958.
Tobacco usage already kills seven million people worldwide a year, but based on studies extensively modelling the movement of the San Andreas fault, Dr Anthony Fauci and his colleagues at the Centre for Panicdemic Nurturing have concluded that the virus will mutate on the first rainy day in September 2021.
The Cambridge University Boat Race team estimate, because of that mutation, that lung cancer, emphysema and passive smoking deaths will kill five billion people per annum in 2023.
As this is a legal drug, we are naturally – under the Bill of Rights, Magna Carta & the EU Human Rights legislation – unable to stop Big Tobacco from selling it, especially as our tax revenues from them are so fucking enormous.
However, all those found to be vulnerable to Tobmute21 will be traced, tested and imunised under the new Global Libertarian Anti-Xenophobia Operative (GLAXO), whereby you still have a free choice because volunteering for vaccination will be obligatory.
Drowning
The World Hype Orgnisation (WHO) records that drowning is the third biggest cause of unintentional injury death worldwide. This is despite the fact that 99.8% of all those who die from this excrutiating demise could in fact swim. Many years of expert research have gone into what lies behind this engima. The various studies – funded by the Global Hooch Association – have concluded with total unanimity, following selective medically controlled purges, that water is a highly dangerous substance with an intoxicating effect known on frequent occasions to be a hiding place for anti-social elements such as sharks, giant squids, sea urchins, nuclear submarines, fish excrement, electric eels and so forth.
The WHO has declared the task of weaning our species off water the Number One Health Priority, and this year the UN will be asking all civilised, democratic governments to sign up to The Water Is Severely Effluent accord, or WISE.
Further research by the University of Milwaukee (sponsored jointly by the Freddie Heineken Institute and the OmniBooze Health Initiative) has concluded that only water chemically cleansed by naturally occurring fruit and grain brewing and distillation is fit for human concsumption. In this context, the Centre for Detoxification Cancellation (CDC) has directed that all liquid intake should be safely alcoholic, for example beer, wine, vodka, hard spirits and methylated spirits.
Top World leaders including Jereboam Dijesslbleom, Emmanuel Macron, Vladimir Putin, Nicola Sturgeon and Jean-Claude Juncker have approved the report.
We are primarily funded by readers. Please subscribe and donate to support us!
Accordingly, the following action is to be taken:
All beaches will be mined immediately All non-commercial sailing is to be banned worldwide Selling bottled water will become illegal Domestic Water Supply will be sold to Omnibooze and become 13.5% ABV DWS charges will be set at $25 a litre
Low Altitude Satellite and social media surveillance of lakes and beaches will be handled by The Googleberg Clintgates Consortium.
All mine-laying will be overseen by Sedwill Robbins Associates.
Driving
A staggering 1.35 million people die in road crashes each year: that’s a tragic 3,700 people who lose their lives every day on the roads – which is let’s face it, incredibly careless of them.
But in turn, a further 20-50 million suffer non-fatal injuries, often resulting in long-term disabilities and placing enormous stress on our hospitals whose beds are already 15% occupied.
No less an organ than The Sun has predicted that this ‘totally new phenomenon’ will result in ‘the dead going unburied unless something is done to crack down on this nightmare shock epidemic of motor car madness’, adding that “100% of all car journeys now result in the eventual death of all passengers and drivers”.
The London Times has engaged the services of Inperilous University College’s Professor of Fundraising Nihil Fiddleshagger in the construction of a model. In a world exclusive, The Slog now presents the first picture of this incredibly sensitive prediction device:
Keen students of Settled Science will instantly recognise the model as a giant leap forward in the projection of where the insanity on our roads is going unless we do something drastic immediately, viz, heading at 930 mph along the B4920 before taking the second left onto the A206 in the direction of Adverse Camber via Loader’s Crossing.
“As a specialist in the virology of road safety,” Professor Fiddleshagger commented last night, “it is clear to me that we are seeing serious roadway collisions trebling in size. Known to his intimates as “Prof Crystalballs”, Nihil told the Times, “There is very clear evidence here that we are dealing with some form of novel brain virus that causes drivers to behave recklessly once seated behind a steering wheel”.
Fiddleshagger’s research into this deadly plague (now renamed Deathwish20) is funded by the Motor Insurers’ Foundation in partnership with the Institute of Global Bancassurance, the Sanofi-Zuckergates Implant Project, and the Hillary Epstein Trust in association with Darryl F Kissinger, Botmade Films, and The NSAGCHQ Philanthropic Elders of Langley Virginia (2018) Incorporated.
Immediately following publication of the model’s prediction that the automotive sector would die along with at least 7.8 billion humans and forty-six chimpanzees, shares in the George Soros Horse & Cart conglomerate rose 136% in two hours.
The New York Times reports that Fiddleshagger will recommend obligatory satnav brain chip and slow release anti-nutjob vaccination for all adults answering to the description Homo sapiens, plus a trebling of annual car insurance premiums in order to motivate the left brain hemisphere to get rather more involved in this driving shit.
This post issued by Settled Science