investmentwatchblog--2020-06-15--RUSH: If you happen to be a ranking Democrat, it would not escape you how easy it was to convince th

RUSH: If you happen to be a ranking Democrat, it would not escape you how easy it was to convince the American people to destroy their economy, to destroy, in some cases, their own businesses.

RUSH : This is this is Dave , Sugar Grove , Illinois .
I ’ m glad you waited , sir , and it ’ s nice to have you here .
Hello .
CALLER : Thank you , Rush .
It ’ s an honor to be to the program and I hope your treatments are going well .
RUSH : Thank you , sir .
Thank you very much .
CALLER : Quickly , I want to say that I agree with you .
I don ’ t think there needs to be an organized armed population as @ @ @ @ @ @ @ showing any type of pushback would be great , but you honestly think that in the ultraliberal cradle that that area is , that people would do that ?
And also , do you think that this would stand in — for example , in Texas , even in liberal cities like Austin , San Antonio , and so forth ?
RUSH : Okay , wait .
I ’ m not sure what you ’ re asking .
Are you asking me if I would expect there to be an armed pushback in @ @ @ @ @ @ @ ?
But maybe there would be in Texas ?
CALLER : I ’ m sorry .
I ’ m sorry .
I ’ m saying that I don ’ t think that there should be an armed organized population .
RUSH : I ’ m not calling for that .
RUSH : I ’ m just talking about a bunch of braggarts who are letting people down , who are not doing things they said they were gon na do , and it leads to people think there is no pushback and it @ @ @ @ @ @ @ Right .
Also , I have friends of mine on the left who don ’ t even know that this thing in Seattle ’ s even going on because of the way the media ’ s portraying it .
In other words , the media is calling it something that it ’ s not , that there aren ’ t armed people .
It ’ s a farmers market or it ’ s a summer of love , as the mayor of Seattle put it .
RUSH : Right .
Yeah .
And @ @ @ @ @ @ @ no pushback because people don ’ t even know what ’ s going on there ?
CALLER : Right .
One more quick comment .
I think that the gun sales may not be as much of a pushback as more of a fear that their local police departments are not gon na protect them .
RUSH : Still pushback , if you ask me .
It ’ s still a response to what they ’ re seeing .
No comment ?
CALLER : I ’ m sorry .
My connection must have @ @ @ @ @ @ @ quite catch that .
RUSH : Oh , your connection didn ’ t go bad .
You just called to disagree .
Okay .
Quick time-out .
We ’ ll be back in just a second .
RUSH : Well , they don ’ t call it the fastest three hours in media for nothing , folks .
The first one ’ s already over .
It ’ s complete .
And now a brief , obscene profit break here at the top of the hour .
We ’ ll come back revved @ @ @ @ @ @ @ I ’ m going to have to continue to clarify what I say .
You know , it gets real frustrating to have to say everything I mean 10 times for people to understand it .
But if that ’ s what it takes , I ’ ll do it .
RUSH : We ’ re now gon na go back to the phones for a second time .
This is Don in Salina , Kansas .
It ’ s great to have you , sir .
I appreciate your waiting .
Hello @ @ @ @ @ @ @ ’ m glad to hear you ’ re back , Mr. Limbaugh .
CALLER : This is my opinion here .
We prostrated ourselves , America , before the federal government over this coronavirus , and that has incentivized the left into skipping socialism and going for full totalitarianism .
And that is why they ’ re allowing their shock troops to run wild in areas that they control so that the propaganda arm in the media can tell us all , “ You see ?
Independent thought and individuality is a virus @ @ @ @ @ @ @ causes injustice .
It causes us not to have national health care .
If only you give up everything , stay prostrated in front of the federal government , we will groupthink our way to utopia .
Quit thinking for yourself because when you do , that ’ s selfish , and when you ’ re selfish , somebody doesn ’ t get what they want.
” RUSH : Let me see if I understand .
You think because the American people laid down and allowed themselves to be lied to and stayed @ @ @ @ @ @ @ U.S. economy , that that sent a signal to the left that they can skip socialism and go straight to totalitarianism ?
CALLER : Yes , sir .
It told them , wow , look what happened .
We always wanted this , and now it happened .
Let ’ s take advantage of it .
RUSH : And they are doing that again by how ?
CALLER : What they ’ re doing is , they ’ re allowing like Black Lives Matter and Antifa to go crazy in areas that they @ @ @ @ @ @ @ this is the result of the virus of individuality and independent thought .
If only we all groupthink our way into utopia , this won ’ t be happening , everyone will be satisfied , and we will have a happy country .
I know it sounds wild .
RUSH : Well , yeah , ’ cause you ’ re making a jump from the coronavirus to the — I don ’ t know what virus .
CALLER : Well , if you ’ ve been paying attention to the media , they @ @ @ @ @ @ @ They ’ re calling white privilege a virus .
They ’ re couching everything as a virus now because the coronavirus worked , so let ’ s make everything else a virus and then we can put the controls on .
They ’ re already — even though President Trump is the president , they ’ re gon na — RUSH : So you think that most people are believing the fact that racism is a virus , that it ’ s something getting into their system and once they get it , @ @ @ @ @ @ @ , homophobia are all viruses ?
You think people believe that ?
CALLER : I think the woke people already believe that .
RUSH : No , no , no , no .
What have I done to deserve this ?
RUSH : Who ’ s next ?
Ah , Laura .
Great to have you on the program .
Welcome to the EIB Network .
Hello .
CALLER : Hi , Rush .
Thank you .
I ’ m a little nervous so please forgive me .
( chuckling ) RUSH : @ @ @ @ @ @ @ have no reason to be nervous ’ cause I ’ m the gneiss guy that you could ever speak to on the phone .
CALLER : I know .
I met you one time and you were wonderful , so… ( chuckles ) My comment is you were done listening , you were talking about pushing back .
Again , I ’ m… My home is in what ’ s called the Seward Park area , which is about six miles south of this area , this CHAZ or CHOP or whatever they @ @ @ @ @ @ @ m one of the few conservatives in the greater Seattle area , and , Rush , we push back by voting .
Okay , which obviously hasn ’ t been enough , and my answer now is , we push back by taking our money out of that damn city… I mean… Excuse me .
I ’ m sorry .
We take our money out of that city .
Quit paying .
Take our money out .
Take our taxpaying dollars and my husband and I can not get out of there quickly @ @ @ @ @ @ @ many , many people just like me .
I guess my only hope is I hope that the liberals who keep voting these socialist city council members and King County council members and our governor and our — although our mayor , she wasn ’ t voted in .
She wasn ’ t .
The old mayor was kicked out .
She ’ s… Anyway , that ’ s my hope that finally they ’ re gon na wake up .
But for the time being , take your money out of that @ @ @ @ @ @ @ have a personal anecdote .
You know , I left New York before it was fashionable to do so .
I took my tax dollars and came to Florida , which didn ’ t want them — which is one of the reasons I came here .
You would be stunned if I were to tell you how much money in state taxes I saved ( i.e.
, didn ’ t have to pay ) by moving to Florida .
This happened in 1997-1998 .
Well , at some point years later , @ @ @ @ @ @ @ of New York whose name escapes me .
( interruption ) That ’ s right .
David Paterson .
Somehow , this whole subject came up with a press conference , and a reporter said , “ Are you worried that there will be more people leaving the state like Rush Limbaugh did back in 1997-1998 ?
” The governor said , “ If we had known that we could get rid of Limbaugh before that , we would have raised taxes sooner.
” My point is , they ’ re not gon @ @ @ @ @ @ @ ’ ll just go elsewhere to get it .
I ’ m not trying to… I ’ m not trying to influence you not to do it .
I think what you ’ re doing is great ; don ’ t misunderstand .
RUSH : Take your commerce out .
If that ’ s what you ’ re gon na do , if that ’ s what pushing back is to you , fine and dandy .
I ’ m just telling you .
RUSH : These people would be more than happy @ @ @ @ @ @ @ left .
CALLER : Well , the other pushback I did when all these riots started , I actually had the audacity to hang my U.S. flag on our house .
And I let it hang out for two or three days , and my husband took it down .
And he said that there was reporting on our local station that people were setting houses on fire , Rush , who were hanging their American flags .
So he took it down .
So that ’ s what happens — I mean @ @ @ @ @ @ @ the center Capitol Hill there waving my flag and absolutely showing — I ’ m so angry , you can tell .
But Rush , I would be killed .
I know I would be , and I ’ m not willing to die for this .
CALLER : Okay .
Well , I ’ m sorry .
My daughter wants me to say hello to you , she loves you .
RUSH : Well , that ’ s very sweet and I appreciate it .
I appreciate it more than you know @ @ @ @ @ @ @ you so much .
RUSH : You bet .
You bet .
On this pushback stuff , when you were growing up , folks , did your parents let you do whatever you want ?
If you broke a window , did they congratulate you , did they bring you in and say , “ Gee , what are you mad at ?
I hope you won ’ t do that again .
Go to the bank and borrow some money to fix it.
” What happened ?
Especially if you did it @ @ @ @ @ @ @ in anger .
If you broke the window ’ cause you were mad at them , what did they do ?
Any other example .
I see this as adults versus kids .
Now , in this case , the kids are really mean , and they do have weapons , and they do have the ability to nullify police departments because they have the power of the Democrat Party behind them .
But they ’ re a bunch of childish , immature kids who are being allowed to flout the law , @ @ @ @ @ @ @ , they are being allowed to totally rewrite , reconstitute American culture .
And there isn ’ t any pushback against it or , you heard her say , it ’ s not worth dying for .
I don ’ t want to lose my life over it .
So there are people who are convinced these people will kill them .
There are people convinced that they will set their houses on fire .
That ’ s a pretty successful campaign if you ask me .
For a bunch of people who @ @ @ @ @ @ @ got , who have to loot , who have to destroy places and break in to get what have , that ’ s a pretty powerful bunch of people who can make you fear for your life .
And stop and think .
In America today , the people who instill fear for your life are the people who are deferred to and coddled by Democrat , liberal government .
RUSH : This Lou Ann .
Lou Ann ’ s in East Dubuque , Illinois .
Welcome to the EIB Network .
Hello @ @ @ @ @ @ @ How you doing ?
Glad to talk to you .
First-time caller .
RUSH : Great to have you here , Lou Ann .
Glad you got through .
CALLER : Yeah , calling about this weekend .
I had ordered Trump 2020 flag , and I wanted to hang it on the front of my house , and my daughter says , “ Boy , I just don ’ t think you should be doing that right now.
” She says with all this stuff going on , she says , “ @ @ @ @ @ @ @ show your pushback , that you ’ re not happy about things , that you back Trump 100 percent , ” but she says , “ I just don ’ t think I ’ d be doing that .
You just don ’ t know what ’ s gon na be happening.
” I think there ’ s a lot of us out there like that , Rush .
We want Trump to know we ’ re behind him a kajillion percent , but we ’ re just that little bit afraid .
@ @ @ @ @ @ @ In fact , let me share this story here from Breitbart News all the way back on June the 9th .
“ Four homes in the Sungarden neighborhood of Citrus Heights , California - ” Citrus Heights is part of the Sacramento metroplex – “ Four homes in the Sungarden neighborhood of Citrus Heights in California were reportedly targeted early Saturday morning.
” Each of them was displaying the American flag .
“ Police are asking Sungarden residents to assist them in identifying those responsible for setting fire to four American flags on @ @ @ @ @ @ @ identify a motive , but in each case , the flags were specifically ignited.
” Damn it .
The cops can ’ t figure out why anybody would do it .
I think you probably know , don ’ t you , Lou Ann ?
CALLER : Oh , gosh .
Yes , I do .
Yes , I do .
It ’ s their pushback on us .
That ’ s what that is .
RUSH : Well , I know a lot of people are afraid of that .
So the @ @ @ @ @ @ @ also .
I mean , let me tell you something , folks .
I mean , this is undeniable .
So here comes the coronavirus , and here comes the task force , and here comes everybody involved .
And many of them are wearing respectable white lab coats .
And many of them have the credibility and the imprimatur of expertise .
And they ’ re all saying , “ You got ta shut it down .
You got ta shut it down .
If we don ’ t shut it down @ @ @ @ @ @ @ in a totally made-up , false computer model projection .
But what happened ?
The American people were dutiful .
The American people responded .
The American people shut down .
Some remain shut down going into the fourth month now .
And those states are blue states .
Those states are Democrat states .
Now , if you happen to be a totalitarian Marxist , if you happen to be a leader of the ChiCom Communist Party , if you happen to be Vladimir Putin , if you happen to be a @ @ @ @ @ @ @ you how easy it was to convince the American people to destroy their economy , to destroy , in some cases , their own businesses .
You would have to think , “ My God , this is the easiest thing we ’ ve ever done .
We didn ’ t think something like this was possible.
” But after four months of it , you really couldn ’ t blame these totalitarians if they ’ re salivating here over how easy it was .
And not only how easy it was , @ @ @ @ @ @ @ to destroy a three-year economic recovery .
That didn ’ t even take a month .
We were at recession , slash , depression unemployment levels in the first month .
We have so far printed either six or eight trillion dollars to pay people to remain locked down and shut down .
And what message does that send , by the way ?
“ Hey , you don ’ t have to go to work .
Hey , you don ’ t need that business .
Hey , we can make sure @ @ @ @ @ @ @ never working again .
Look at what we ’ ve done for you .
And we protected you at the same time .
You are not gon na get the virus if you do what we say.
” And now if you know where to look , you will see that there are renewed calls for a second lockdown based on record numbers of new cases in a few states .
They ’ re gon na try it again .
What will we do then ?
Will we go along with it again @ @ @ @ @ @ @ this headline .
It ’ s from Fox 29 in Philadelphia .
It ’ s from yesterday .
“ Philadelphia City Leaders Denounce Group Defending Columbus Statue in South Philadelphia.
” So I guess the idea of pushback ain ’ t gon na happen because now what we have , is we have city governments denouncing groups who are trying to push back .
Somebody ( a group , probably , of Italians ) are trying to defend the Columbus statue ; Philadelphia city leaders denounce them .
“ City leaders have denounced @ @ @ @ @ @ @ who spent the weekend and early hours of Monday morning defending the Christopher Columbus statue in Marconi Plaza .
Those guarding the statue against vandalism were countered on Sunday by groups who denounced ” Columbus .
“ Despite some tense moments and profane comments , the crowds remained mostly tame.
” Okay .
So this… I guess I ’ ll give up on the idea of pushback .
I ’ ve been talked out of it .
Ain ’ t gon na happen .
I have learned my lesson .
But I ’ @ @ @ @ @ @ @ s some things that happened during this lockdown… I ’ m talking about the coronavirus lockdown , before all this other crap sprung up with .
There ’ s some stuff that happened then that I really hoped some city officials and local/state/federal law enforcement were taking notes .
I ’ ll explain what I mean .
I hope that local , state , and federal law enforcement authorities are now going over whatever intel that they had — video , informants — and I hope they ’ re keeping track of as @ @ @ @ @ @ @ hope that at some point these people get charged .
Same with any violent organizations and their funders .
‘ Cause , folks , like I just shared with you , we now have mayors and governors undermining law and order .
They are siding with the lawbreakers — and they ’ re all Democrats doing this , because it is all about betraying Donald Trump .
It is all about getting rid of Donald Trump .
There is nothing that is extreme .
There ’ s nothing that ’ s wrong .
@ @ @ @ @ @ @ rid of Trump , it is admirable , including betrayal .
Anything in the service of removing Donald Trump is worthy of support and applause , including mayors and governors undermining law and order by siding with lawbreakers .
So the federal role needs to be rethought here .
( interruption ) No , no , no .
I ’ m not saying unleash federal power .
Look , my point is this : We ’ ve seen mayors and governors before these riots .
I ’ m talking about before the George @ @ @ @ @ @ @ were using law enforcement to threaten and punish peaceful protesters .
These are people that wanted to go to church .
Remember Michigan ?
The people wanted to go back to work .
They wanted to open their businesses .
They were peaceful protests .
They wanted to attend church .
They wanted to open their stores .
They wanted to go back to work .
And we have seen some of these same mayors and governors withdraw , removing , and undermine law enforcement when it came to violent protests .
They @ @ @ @ @ @ @ shod over everybody , and when it came to the peaceful protesters , they were run roughshod over and they were mischaracterized .
They were claimed to be violent .
They were said to be uncouth .
They ’ re said to be destructive .
All they wanted to do was going to church or open their businesses or go back to work , and they were peaceful .
The peaceful protesters , the so-called peaceful protesters , they were treated much differently when their goals were overthrowing this or that .
Then @ @ @ @

via rushlimbaugh
RUSH: This is this is Dave, Sugar Grove, Illinois. I’m glad you waited, sir, and it’s nice to have you here. Hello.
CALLER: Thank you, Rush. It’s an honor to be to the program and I hope your treatments are going well.
RUSH: Thank you, sir. Thank you very much.
CALLER: Quickly, I want to say that I agree with you. I don’t think there needs to be an organized armed population as the pushback. I think that just showing any type of pushback would be great, but you honestly think that in the ultraliberal cradle that that area is, that people would do that? And also, do you think that this would stand in — for example, in Texas, even in liberal cities like Austin, San Antonio, and so forth?
RUSH: Okay, wait. I’m not sure what you’re asking. Are you asking me if I would expect there to be an armed pushback in Seattle, which is a liberal cradle? But maybe there would be in Texas?
CALLER: I’m sorry. I’m sorry. I’m saying that I don’t think that there should be an armed organized population.
RUSH: I’m not calling for that.
CALLER: Yeah.
RUSH: I’m just talking about a bunch of braggarts who are letting people down, who are not doing things they said they were gonna do, and it leads to people think there is no pushback and it’s dispiriting people.
CALLER: Right. Also, I have friends of mine on the left who don’t even know that this thing in Seattle’s even going on because of the way the media’s portraying it. In other words, the media is calling it something that it’s not, that there aren’t armed people. It’s a farmers market or it’s a summer of love, as the mayor of Seattle put it.
RUSH: Right. Yeah. And so your theory is there’s no pushback because people don’t even know what’s going on there?
CALLER: Right. One more quick comment. I think that the gun sales may not be as much of a pushback as more of a fear that their local police departments are not gonna protect them.
RUSH: Still pushback, if you ask me. It’s still a response to what they’re seeing. No comment?
CALLER: I’m sorry. My connection must have been bad. I didn’t quite catch that.
RUSH: Oh, your connection didn’t go bad. You just called to disagree. Okay. Quick time-out. We’ll be back in just a second.
BREAK TRANSCRIPT
RUSH: Well, they don’t call it the fastest three hours in media for nothing, folks. The first one’s already over. It’s complete. And now a brief, obscene profit break here at the top of the hour. We’ll come back revved and ready to roll on.
Apparently I’m going to have to continue to clarify what I say. You know, it gets real frustrating to have to say everything I mean 10 times for people to understand it. But if that’s what it takes, I’ll do it.
BREAK TRANSCRIPT
RUSH: We’re now gonna go back to the phones for a second time. This is Don in Salina, Kansas. It’s great to have you, sir. I appreciate your waiting. Hello.
CALLER: Thank you. I’m glad to hear you’re back, Mr. Limbaugh.
RUSH: Thank you, sir.
CALLER: This is my opinion here. We prostrated ourselves, America, before the federal government over this coronavirus, and that has incentivized the left into skipping socialism and going for full totalitarianism. And that is why they’re allowing their shock troops to run wild in areas that they control so that the propaganda arm in the media can tell us all, “You see? Independent thought and individuality is a virus. It causes racial disparity. It causes injustice. It causes us not to have national health care. If only you give up everything, stay prostrated in front of the federal government, we will groupthink our way to utopia. Quit thinking for yourself because when you do, that’s selfish, and when you’re selfish, somebody doesn’t get what they want.”
RUSH: Let me see if I understand. You think because the American people laid down and allowed themselves to be lied to and stayed home for two months and killed the U.S. economy, that that sent a signal to the left that they can skip socialism and go straight to totalitarianism?
CALLER: Yes, sir. It told them, wow, look what happened. We always wanted this, and now it happened. Let’s take advantage of it.
RUSH: And they are doing that again by how?
CALLER: What they’re doing is, they’re allowing like Black Lives Matter and Antifa to go crazy in areas that they control so that they can tell America this is the result of the virus of individuality and independent thought. If only we all groupthink our way into utopia, this won’t be happening, everyone will be satisfied, and we will have a happy country. I know it sounds wild.
RUSH: Well, yeah, ’cause you’re making a jump from the coronavirus to the — I don’t know what virus.
CALLER: Well, if you’ve been paying attention to the media, they’re calling racism a virus. They’re calling white privilege a virus. They’re couching everything as a virus now because the coronavirus worked, so let’s make everything else a virus and then we can put the controls on. They’re already — even though President Trump is the president, they’re gonna —
RUSH: So you think that most people are believing the fact that racism is a virus, that it’s something getting into their system and once they get it, that explains it, racism, bigotry, homophobia are all viruses? You think people believe that?
CALLER: I think the woke people already believe that.
RUSH: No, no, no, no. What have I done to deserve this?
BREAK TRANSCRIPT
RUSH: Who’s next? Ah, Laura. Great to have you on the program. Welcome to the EIB Network. Hello.
CALLER: Hi, Rush. Thank you. I’m a little nervous so please forgive me. (chuckling)
RUSH: No, no, please. You have no reason to be nervous ’cause I’m the gneiss guy that you could ever speak to on the phone.
CALLER: I know. I met you one time and you were wonderful, so… (chuckles) My comment is you were done listening, you were talking about pushing back. Again, I’m… My home is in what’s called the Seward Park area, which is about six miles south of this area, this CHAZ or CHOP or whatever they want to call it. I’m one of the few conservatives in the greater Seattle area, and, Rush, we push back by voting.
Okay, which obviously hasn’t been enough, and my answer now is, we push back by taking our money out of that damn city… I mean… Excuse me. I’m sorry. We take our money out of that city. Quit paying. Take our money out. Take our taxpaying dollars and my husband and I cannot get out of there quickly enough, and there are many, many, many people just like me.
I guess my only hope is I hope that the liberals who keep voting these socialist city council members and King County council members and our governor and our — although our mayor, she wasn’t voted in. She wasn’t. The old mayor was kicked out. She’s… Anyway, that’s my hope that finally they’re gonna wake up. But for the time being, take your money out of that city.
RUSH: Well, I have a personal anecdote. You know, I left New York before it was fashionable to do so. I took my tax dollars and came to Florida, which didn’t want them — which is one of the reasons I came here. You would be stunned if I were to tell you how much money in state taxes I saved (i.e., didn’t have to pay) by moving to Florida.
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This happened in 1997-1998. Well, at some point years later, there was a governor of the state of New York whose name escapes me. (interruption) That’s right. David Paterson. Somehow, this whole subject came up with a press conference, and a reporter said, “Are you worried that there will be more people leaving the state like Rush Limbaugh did back in 1997-1998?”
The governor said, “If we had known that we could get rid of Limbaugh before that, we would have raised taxes sooner.” My point is, they’re not gonna miss your money, because they’ll just go elsewhere to get it. I’m not trying to… I’m not trying to influence you not to do it. I think what you’re doing is great; don’t misunderstand.
CALLER: Mmm-hmm.
RUSH: Take your commerce out. If that’s what you’re gonna do, if that’s what pushing back is to you, fine and dandy. I’m just telling you.
CALLER: Wow.
RUSH: These people would be more than happy with the fact that you’ve left.
CALLER: Well, the other pushback I did when all these riots started, I actually had the audacity to hang my U.S. flag on our house. And I let it hang out for two or three days, and my husband took it down. And he said that there was reporting on our local station that people were setting houses on fire, Rush, who were hanging their American flags. So he took it down. So that’s what happens — I mean, I would love to go into the center Capitol Hill there waving my flag and absolutely showing — I’m so angry, you can tell. But Rush, I would be killed. I know I would be, and I’m not willing to die for this.
RUSH: Yeah. Well, I understand that.
CALLER: Okay. Well, I’m sorry. My daughter wants me to say hello to you, she loves you.
DAUGHTER: I love you.
CALLER: She loves you.
DAUGHTER: I love you.
RUSH: Well, that’s very sweet and I appreciate it. I appreciate it more than you know.
CALLER: All right. Thank you so much.
RUSH: You bet. You bet. On this pushback stuff, when you were growing up, folks, did your parents let you do whatever you want? If you broke a window, did they congratulate you, did they bring you in and say, “Gee, what are you mad at? I hope you won’t do that again. Go to the bank and borrow some money to fix it.” What happened? Especially if you did it on purpose, if you did it in anger. If you broke the window ’cause you were mad at them, what did they do? Any other example.
I see this as adults versus kids. Now, in this case, the kids are really mean, and they do have weapons, and they do have the ability to nullify police departments because they have the power of the Democrat Party behind them. But they’re a bunch of childish, immature kids who are being allowed to flout the law, who are being allowed to flout convention, they are being allowed to totally rewrite, reconstitute American culture. And there isn’t any pushback against it or, you heard her say, it’s not worth dying for. I don’t want to lose my life over it.
So there are people who are convinced these people will kill them. There are people convinced that they will set their houses on fire. That’s a pretty successful campaign if you ask me. For a bunch of people who have to steal what they’ve got, who have to loot, who have to destroy places and break in to get what have, that’s a pretty powerful bunch of people who can make you fear for your life. And stop and think. In America today, the people who instill fear for your life are the people who are deferred to and coddled by Democrat, liberal government.
BREAK TRANSCRIPT
RUSH: This Lou Ann. Lou Ann’s in East Dubuque, Illinois. Welcome to the EIB Network. Hello.
CALLER: Hey, Rush. How you doing? Glad to talk to you. First-time caller.
RUSH: Great to have you here, Lou Ann. Glad you got through.
CALLER: Yeah, calling about this weekend. I had ordered Trump 2020 flag, and I wanted to hang it on the front of my house, and my daughter says, “Boy, I just don’t think you should be doing that right now.” She says with all this stuff going on, she says, “Mom, I know you want to show your pushback, that you’re not happy about things, that you back Trump 100 percent,” but she says, “I just don’t think I’d be doing that. You just don’t know what’s gonna be happening.” I think there’s a lot of us out there like that, Rush. We want Trump to know we’re behind him a kajillion percent, but we’re just that little bit afraid.
RUSH: Yeah, I know. In fact, let me share this story here from Breitbart News all the way back on June the 9th. “Four homes in the Sungarden neighborhood of Citrus Heights, California -” Citrus Heights is part of the Sacramento metroplex – “Four homes in the Sungarden neighborhood of Citrus Heights in California were reportedly targeted early Saturday morning.” Each of them was displaying the American flag.
“Police are asking Sungarden residents to assist them in identifying those responsible for setting fire to four American flags on Saturday morning. Authorities have yet to identify a motive, but in each case, the flags were specifically ignited.” Damn it. The cops can’t figure out why anybody would do it. I think you probably know, don’t you, Lou Ann?
CALLER: Oh, gosh. Yes, I do. Yes, I do. It’s their pushback on us. That’s what that is.
RUSH: Well, I know a lot of people are afraid of that. So the intimidation is working. And look, also. I mean, let me tell you something, folks. I mean, this is undeniable. So here comes the coronavirus, and here comes the task force, and here comes everybody involved. And many of them are wearing respectable white lab coats. And many of them have the credibility and the imprimatur of expertise. And they’re all saying, “You gotta shut it down. You gotta shut it down. If we don’t shut it down, 2.2 million Americans may die” in a totally made-up, false computer model projection.
But what happened? The American people were dutiful. The American people responded. The American people shut down. Some remain shut down going into the fourth month now. And those states are blue states. Those states are Democrat states. Now, if you happen to be a totalitarian Marxist, if you happen to be a leader of the ChiCom Communist Party, if you happen to be Vladimir Putin, if you happen to be a ranking Democrat, it would not escape you how easy it was to convince the American people to destroy their economy, to destroy, in some cases, their own businesses.
You would have to think, “My God, this is the easiest thing we’ve ever done. We didn’t think something like this was possible.” But after four months of it, you really couldn’t blame these totalitarians if they’re salivating here over how easy it was. And not only how easy it was, look at how little time it took to destroy a three-year economic recovery. That didn’t even take a month. We were at recession, slash, depression unemployment levels in the first month.
We have so far printed either six or eight trillion dollars to pay people to remain locked down and shut down. And what message does that send, by the way? “Hey, you don’t have to go to work. Hey, you don’t need that business. Hey, we can make sure that you have everything you need by never working again. Look at what we’ve done for you. And we protected you at the same time. You are not gonna get the virus if you do what we say.”
And now if you know where to look, you will see that there are renewed calls for a second lockdown based on record numbers of new cases in a few states. They’re gonna try it again. What will we do then? Will we go along with it again?
BREAK TRANSCRIPT
RUSH: Right. Look at this headline. It’s from Fox 29 in Philadelphia. It’s from yesterday. “Philadelphia City Leaders Denounce Group Defending Columbus Statue in South Philadelphia.” So I guess the idea of pushback ain’t gonna happen because now what we have, is we have city governments denouncing groups who are trying to push back.
Somebody (a group, probably, of Italians) are trying to defend the Columbus statue; Philadelphia city leaders denounce them. “City leaders have denounced the actions of a group of people who spent the weekend and early hours of Monday morning defending the Christopher Columbus statue in Marconi Plaza. Those guarding the statue against vandalism were countered on Sunday by groups who denounced” Columbus.
“Despite some tense moments and profane comments, the crowds remained mostly tame.” Okay. So this… I guess I’ll give up on the idea of pushback. I’ve been talked out of it. Ain’t gonna happen. I have learned my lesson. But I’ll tell you this. There’s some things that happened during this lockdown… I’m talking about the coronavirus lockdown, before all this other crap sprung up with.
There’s some stuff that happened then that I really hoped some city officials and local/state/federal law enforcement were taking notes. I’ll explain what I mean. I hope that local, state, and federal law enforcement authorities are now going over whatever intel that they had — video, informants — and I hope they’re keeping track of as many perps as they can.
I hope that at some point these people get charged. Same with any violent organizations and their funders. ‘Cause, folks, like I just shared with you, we now have mayors and governors undermining law and order. They are siding with the lawbreakers — and they’re all Democrats doing this, because it is all about betraying Donald Trump.
It is all about getting rid of Donald Trump. There is nothing that is extreme. There’s nothing that’s wrong. Everything… If you do it to get rid of Trump, it is admirable, including betrayal. Anything in the service of removing Donald Trump is worthy of support and applause, including mayors and governors undermining law and order by siding with lawbreakers.
So the federal role needs to be rethought here. (interruption) No, no, no. I’m not saying unleash federal power. Look, my point is this: We’ve seen mayors and governors before these riots. I’m talking about before the George Floyd circumstance. These mayors and governors were using law enforcement to threaten and punish peaceful protesters.
These are people that wanted to go to church. Remember Michigan? The people wanted to go back to work. They wanted to open their businesses. They were peaceful protests. They wanted to attend church. They wanted to open their stores. They wanted to go back to work. And we have seen some of these same mayors and governors withdraw, removing, and undermine law enforcement when it came to violent protests.
They let the violent protesters just run runoff shod over everybody, and when it came to the peaceful protesters, they were run roughshod over and they were mischaracterized. They were claimed to be violent. They were said to be uncouth. They’re said to be destructive. All they wanted to do was going to church or open their businesses or go back to work, and they were peaceful.
The peaceful protesters, the so-called peaceful protesters, they were treated much differently when their goals were overthrowing this or that. Then they were supported.


investmentwatchblog--2020-06-15--If Stocks Don’t Hold Here We Could See Another Crash of Sorts

Stocks have fallen hard over the weekend again .
The media is pinning this drop on the potential for another COVID-19 pandemic , but the facts don ’ t support that theory .
At times like these , it ’ s essential to ignore narratives , and focus on price .
With that in mind , the S & P 500 remains in an uptrend , barely ( blue lines in the chart below ) .
Stocks need to hold here for the bull market case to remain intact .
If stocks break down from here , there are two @ @ @ @ @ @ @ at 2,940 ( lower green line in the chart below ) .
The other is the gap established by the open on May 18th ( blue rectangle in the chart below ) .
When we plot the S & P 500 against the VIX ( inverted ) , it looks like there ’ s more downside to go here .
However , both breadth and credit suggest the downside is limited here .
My point with all of this is that today the market is literally a crap shoot .
The easy money @ @ @ @ @ @ @ and the next trend is not clear yet .
So now is NOT the time to be putting a load of capital to work .
However , if stocks don ’ t hold here , we could potentially see a crash down to 2,700 .
That is a high reward type move .
And one we need to consider .
In light of this , we ’ ve reopened our Stock Market Crash Survival Guide to the general public .
Within its 21 pages we outline which investments will perform best during a @ @ @ @ @ @ @ take out “ Crash insurance ” on your portfolio ( these instruments returned TRIPLE digit gains during 2008 ) .
There are only 33 copies available to the public .
To pick up your copy of this report , FREE , swing by :

Stocks have fallen hard over the weekend again. The media is pinning this drop on the potential for another COVID-19 pandemic, but the facts don’t support that theory.
At times like these, it’s essential to ignore narratives, and focus on price. With that in mind, the S&P 500 remains in an uptrend, barely (blue lines in the chart below). Stocks need to hold here for the bull market case to remain intact.
If stocks break down from here, there are two items in play. One is support at 2,940 (lower green line in the chart below). The other is the gap established by the open on May 18th (blue rectangle in the chart below).
When we plot the S&P 500 against the VIX (inverted), it looks like there’s more downside to go here.
However, both breadth and credit suggest the downside is limited here.
My point with all of this is that today the market is literally a crap shoot. The easy money from the rally has been made, and the next trend is not clear yet. So now is NOT the time to be putting a load of capital to work.
However, if stocks don’t hold here, we could potentially see a crash down to 2,700.
That is a high reward type move. And one we need to consider.
In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.
We are primarily funded by readers. Please subscribe and donate to support us!
Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).
There are only 33 copies available to the public.
To pick up your copy of this report, FREE, swing by:
phoenixcapitalmarketing.com/stockmarketcrash.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research


investmentwatchblog--2020-06-15--Full communism has been achieved in CHAZ. Theft is now excused as unplanned donations or object reas

Full communism has been achieved in CHAZ. Theft is now excused as unplanned donations or object reassigning.

CHAZ “ resident ” loses property , including a 16″ MacBook Pro , reaches out to find out who did @ @ @ @ @ has been “ redistributed ” to the community .
Resident immediately regret moving to CHAZ @ @ @ @ @ by mods .
Disclaimer : This is a guest post and it doesn ’ t @ @ @ @ @ IWB .

by slowmotrin
CHAZ “resident” loses property, including a 16″ MacBook Pro, reaches out to find out who did it, replies say it has been “redistributed” to the community. Resident immediately regret moving to CHAZ, post has been deleted by mods.
LIBERATE CHAZ
We are primarily funded by readers. Please subscribe and donate to support us!
CHAZ/CHOP: Warlord Raz Handing Out AR-15s To Minors — VIDEO
Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.


investmentwatchblog--2020-06-15--S&P 500 3 Day Running Correction Pattern & Price Targets

If the market momentum is strong enough I don ’ t think the fed and stop mass-market panic selling and @ @ @ @ @ what the charts are pointing to expect another sharp market sell-off this week 6-7 % @ @ @ @ @ : www.TheTechnicalTraders.com

If the market momentum is strong enough I don’t think the fed and stop mass-market panic selling and if this market unwinds like what the charts are pointing to expect another sharp market sell-off this week 6-7%. My ETF Trade Signals: www.TheTechnicalTraders.com
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-06-15--54 Scientists Given NIH Grants Fired for Failing to Disclose Foreign Ties – Mostly to China… Dozens

54 Scientists Given NIH Grants Fired for Failing to Disclose Foreign Ties – Mostly to China… Dozens of Colleges Fail to Disclose Millions in Chinese Donations.

54 Scientists Given NIH Grants Fired for Failure to Disclose Foreign Ties ( freebeacon.com ) – At least 54 scientists @ @ @ @ @ National Institutes of Health have been fired for failure to disclose their ties to foreign @ @ @ @ @ according to an ongoing investigation .
The NIH since 2018 has been investigating instances of @ @ @ @ @ federal grant money .
In 93 percent of cases investigated by NIH , these scientists @ @ @ @ @ to China .
Nearly $ 165 million in grants had been disbursed to these scientists @ @ @ @ @ reported by Science magazine , provide evidence that China has amplified its efforts to place @ @ @ @ @ research programs .
Once in the NIH system , these scientists can steal research and @ @ @ @ @ , where it can be used to boost the Communist regime…

54 Scientists Given NIH Grants Fired for Failure to Disclose Foreign Ties
(freebeacon.com) – At least 54 scientists who received grants from the National Institutes of Health have been fired for failure to disclose their ties to foreign governments, particularly China, according to an ongoing investigation.
The NIH since 2018 has been investigating instances of fraud by scientists who received federal grant money. In 93 percent of cases investigated by NIH, these scientists failed to disclose their ties to China. Nearly $165 million in grants had been disbursed to these scientists.
The findings, first reported by Science magazine, provide evidence that China has amplified its efforts to place its scientists into sensitive U.S.-funded research programs. Once in the NIH system, these scientists can steal research and send it back to China, where it can be used to boost the Communist regime…


investmentwatchblog--2020-06-15--NBA: Players Discuss Not Returning Until “Social Justice” Issues Are Resolved

NBPA ’ s Michele Roberts says players discussing best way to use influence on BLM movement National Basketball Players Association @ @ @ @ @ the players she represents spent the weekend discussing how they could best use “ our @ @ @ @ @ playing or not playing — to make sure we enhance and move this movement forward @ @ @ @ @ it .
After nearly 100 NBA players participated in a call Friday night , in @ @ @ @ @ NBPA vice president Kyrie Irving made a case against resuming the season in Orlando in @ @ @ @ @ players have spent the weekend considering how the league ’ s return might affect the @ @ @ @ @

NBPA’s Michele Roberts says players discussing best way to use influence on BLM movement
National Basketball Players Association executive director Michele Roberts said the players she represents spent the weekend discussing how they could best use “our obvious influence — either by playing or not playing — to make sure we enhance and move this movement forward” rather than distracting from it.
After nearly 100 NBA players participated in a call Friday night, in which Brooklyn Nets guard and NBPA vice president Kyrie Irving made a case against resuming the season in Orlando in late July, Roberts said players have spent the weekend considering how the league’s return might affect the Black Lives Matter movement.
We are primarily funded by readers. Please subscribe and donate to support us!
www.espn.com/nba/story/_/id/29312973/nbpa-michele-roberts-says-players-discussing-best-way-use-influence-blm-movement
h/t CrsCrpr


investmentwatchblog--2020-06-15--They Don’t Even Try to Hide Their Bias at this Point

YOU CAN ’ T RALLY .
WE CAN RIOT : The staggering hypocrisy of the Democrats over COVID-19 .
In the middle of May , DC Mayor Muriel Bowser extended her lockdown order through to the June 8 .
Two days prior to her own lockdown order was to be reviewed , on June 6 , she encouraged mass gatherings of protests , in a tweet saying ‘ Let ’ s all meet here soon # BlackLivesMatter ’ , with a photo showing off her big block yellow letters painted down a DC street .
In a press release about @ @ @ @ @ @ @ her city , after two weeks of protests she encouraged herself , Bowser announced that ‘ DC Health has confirmed that a new peak was detected in the data , resetting the Districts Phase One count to nine days of sustained decrease.
’ Florida congressswoman Val Demings , who features on the shortlist to be Joe Biden ’ s VP nominee , tweeted on June 8 that she had joined a ‘ Healing and Hope Rally last night to speak with our community as America grieves.
’ Two days later she scolded the @ @ @ @ @ @ @ rallies in Florida and elsewhere as we experience a resurgence in COVID cases is irresponsible and selfish ’ .
If there ’ s a gaping lack of curiosity about this blatantly hypocritical behavior from Democratic officials , it ’ s because members of the media are not only purposely ignoring it , but partaking in the same double-standard .

YOU CAN’T RALLY. WE CAN RIOT: The staggering hypocrisy of the Democrats over COVID-19.
In the middle of May, DC Mayor Muriel Bowser extended her lockdown order through to the June 8. Two days prior to her own lockdown order was to be reviewed, on June 6, she encouraged mass gatherings of protests, in a tweet saying ‘Let’s all meet here soon #BlackLivesMatter’, with a photo showing off her big block yellow letters painted down a DC street. In a press release about a possible spike in coronavirus cases in her city, after two weeks of protests she encouraged herself, Bowser announced that ‘DC Health has confirmed that a new peak was detected in the data, resetting the Districts Phase One count to nine days of sustained decrease.’
Florida congressswoman Val Demings, who features on the shortlist to be Joe Biden’s VP nominee, tweeted on June 8 that she had joined a ‘Healing and Hope Rally last night to speak with our community as America grieves.’ Two days later she scolded the President: planning to hold ‘mass rallies in Florida and elsewhere as we experience a resurgence in COVID cases is irresponsible and selfish’.
If there’s a gaping lack of curiosity about this blatantly hypocritical behavior from Democratic officials, it’s because members of the media are not only purposely ignoring it, but partaking in the same double-standard.


investmentwatchblog--2020-06-15--Portland police have declared a civil disturbance in downtown Portland:

A civil disturbance and an unlawful assembly has been declared .
SW Naito Pkwy to SW 10th Ave and SW @ @ @ @ @ Milk Street is closed .
Leave now to the south and to the west or @ @ @ @ @ arrest and or use of force , to include crowd control munitions .

A civil disturbance and an unlawful assembly has been declared. SW Naito Pkwy to SW 10th Ave and SW Lincoln Street to SW Harvey Milk Street is closed. Leave now to the south and to the west or you may be subject to arrest and or use of force, to include crowd control munitions.
— Portland Police (@PortlandPolice) June 15, 2020


investmentwatchblog--2020-06-15--Hertz Symbolizes The Complete Corruption Of The Stock Market

“ No one ever loses equity in a bankruptcy case , ” U.S. Bankruptcy Judge David Jones said during a status conference in the J.C. Penney case last month .
“ Equity gets lost long before the case is filed.
” Hertz filed Chapter 11 under the U.S. Bankruptcy Code after the market closed on May 22nd .
The filing was well telegraphed .
The next day the stock took a cliff dive down to 40 cents from the previous day ’ s close at $ 2.84 .
Below 50 cents is about where the stock of bankrupt company should @ @ @ @ @ @ @ debt outstanding exceeds the value of a company ’ s assets .
But don ’ t tell that to the new breed of retail daytrader , who has rediscovered the “ art ” of chasing insanely overvalued stocks , most of which will eventually go out of business .
Most if not all of the current batch of daytrading geniuses were not around during the dot.com boom/bust : Away from hedge fund computer algorithms set up by market professionals to take advantage of High Frequency Trading technology ( HFT ) , “ day @ @ @ @ @ @ @ are the beacons of inexperienced retail traders who have very little understanding of the risks involved in trading the markets .
The fact that large numbers of newly minted traders have searched on the term “ call options ” reflects their relative market ignorance .
It ’ s been estimated that 90 % of all retail daytraders were wiped out in the dot.com bust , which also took down Jim Cramer ’ s hedge fund .
Hertz has $ 15 billion of senior secured debt collateralized by its fleet and $ 4 billion @ @ @ @ @ @ @ of Hertz ’ s fleet is $ 14 billion .
With the crash in used car prices , the fleet is likely worth 10-20 % less – at least – than the value carried on the books .
This means the subordinated debt and shares are worthless .
The sub debt was trading at 40 cents on the dollar late last week .
Yet Hertz ’ s stock traded close to $ 900 million market cap on June 8th .
In the best case , if Hertz re-organizes the secured debt will get @ @ @ @ @ @ @ the sub debt will get 10 % .
The shares will be canceled and the shareholders will be tossed some gratuitous deep out of the money warrants .
And yet , the market cap of the equity traded as high as $ 887 million this past Monday .
The worst case for Hertz is a liquidation , in which case the senior secured debt be paid out while the sub debt and equity are bageled .
Even the lawyer for Hertz at the court hearing admitted that Hertz ’ s value had “ @ @ @ @ @ @ @ deal is an “ at-the-market ” offering , meaning the underwriter ( Jefferies ) will dump shares into the market when the Robinhood Einsteins bid the shares higher .
The only hurdle preventing Jefferies from unloading as many shares as possible until the stock approaches zero is a provision that prevents shares under this offering from being sold below $ 1 .
Said provision can be changed easily with written consent from parties to the agreement .
Any funds raised will either be used to pay for Hertz ’ s legal and operating @ @ @ @ @ @ @ bondholders .
This stock deal epitomizes the degree to which the stock market is completely corrupted .
I was not surprised the bankruptcy court judge and the SEC signed off on the deal .
Once upon a time in America bankruptcy judges and the SEC did their job as public servants by looking after the interests of the public – in this case unsophisticated retail investors who didn ’ t have a brokerage account 6 months ago .
But the three branches of Government in this country have morphed into a portal by @ @ @ @ @ @ @ sucking as much wealth from the public as possible before the system collapses , while compensating politicians , judges and lawyers well for their help .
Hertz and its lawyers admit that the Hertz shares will more than likely end up worthless .
Jefferies , the broker/agent for the sale of the shares , will receive 3 % of the proceeds .
Jefferies unsavory and corrupt nature dates back to the Drexel era , when Boyd Jefferies was nailed for colluding with Ivan Boesky for multiple SEC violations .
This entire stock bubble @ @ @ @ @ @ @ of printed money into the financial system is little more than a money transfer mechanism from the public to the Wall Street banks , corporate CEO ’ s , private equity funds and other sundry beneficiaries ( unicorn founders/employees , law firms , lobbyists , etc ) .
Hertz reflects the degree to which entire U.S. economic and financial system has deteriorated into a free-for-all for the wolves – foaming at the mouth – who are in a position to take advantage of this environment .
Note to Robinhood traders : that ’ @ @ @ @ @ @ @ 15 years ago that the Fed would eventually print enough money to enable the elitists to sweep every last crumb of the public ’ s money off the table into their own pockets before allowing the system to collapse .
We may be on that final stretch – gradually then suddenly – where we are entering the “ suddenly ” moment… “ …when you see that men get richer by graft and by pull than by work , and your laws don ’ t protect you against them , but protect them against @ @ @ @ @ @ @ honesty becoming a self-sacrifice–you may know that your society is doomed.
” – Francisco ’ s “ Money Speech , ” “ Atlas Shrugged .
”

by Dave Kranzler of Investment Research Dynamics
“No one ever loses equity in a bankruptcy case,” U.S. Bankruptcy Judge David Jones said during a status conference in the J.C. Penney case last month. “Equity gets lost long before the case is filed.”
Hertz filed Chapter 11 under the U.S. Bankruptcy Code after the market closed on May 22nd. The filing was well telegraphed. The next day the stock took a cliff dive down to 40 cents from the previous day’s close at $2.84. Below 50 cents is about where the stock of bankrupt company should trade, especially when the senior secured debt outstanding exceeds the value of a company’s assets.
But don’t tell that to the new breed of retail daytrader, who has rediscovered the “art” of chasing insanely overvalued stocks, most of which will eventually go out of business. Most if not all of the current batch of daytrading geniuses were not around during the dot.com boom/bust:
Away from hedge fund computer algorithms set up by market professionals to take advantage of High Frequency Trading technology (HFT), “day trading” and “call options” are the beacons of inexperienced retail traders who have very little understanding of the risks involved in trading the markets. The fact that large numbers of newly minted traders have searched on the term “call options” reflects their relative market ignorance. It’s been estimated that 90% of all retail daytraders were wiped out in the dot.com bust, which also took down Jim Cramer’s hedge fund.
Hertz has $15 billion of senior secured debt collateralized by its fleet and $4 billion unsecured subordinated debt. The book value of Hertz’s fleet is $14 billion. With the crash in used car prices, the fleet is likely worth 10-20% less – at least – than the value carried on the books. This means the subordinated debt and shares are worthless. The sub debt was trading at 40 cents on the dollar late last week. Yet Hertz’s stock traded close to $900 million market cap on June 8th.
In the best case, if Hertz re-organizes the secured debt will get 90% of the new equity and the sub debt will get 10%. The shares will be canceled and the shareholders will be tossed some gratuitous deep out of the money warrants. And yet, the market cap of the equity traded as high as $887 million this past Monday.
The worst case for Hertz is a liquidation, in which case the senior secured debt be paid out while the sub debt and equity are bageled. Even the lawyer for Hertz at the court hearing admitted that Hertz’s value had “disconnected from the fundamentals.”
We are primarily funded by readers. Please subscribe and donate to support us!
The stock deal is an “at-the-market” offering, meaning the underwriter (Jefferies) will dump shares into the market when the Robinhood Einsteins bid the shares higher. The only hurdle preventing Jefferies from unloading as many shares as possible until the stock approaches zero is a provision that prevents shares under this offering from being sold below $1. Said provision can be changed easily with written consent from parties to the agreement.
Any funds raised will either be used to pay for Hertz’s legal and operating costs or it will be distributed to bondholders. This stock deal epitomizes the degree to which the stock market is completely corrupted.
I was not surprised the bankruptcy court judge and the SEC signed off on the deal. Once upon a time in America bankruptcy judges and the SEC did their job as public servants by looking after the interests of the public – in this case unsophisticated retail investors who didn’t have a brokerage account 6 months ago. But the three branches of Government in this country have morphed into a portal by which the wealthy and powerful elite are sucking as much wealth from the public as possible before the system collapses, while compensating politicians, judges and lawyers well for their help.
Hertz and its lawyers admit that the Hertz shares will more than likely end up worthless. Jefferies, the broker/agent for the sale of the shares, will receive 3% of the proceeds. Jefferies unsavory and corrupt nature dates back to the Drexel era, when Boyd Jefferies was nailed for colluding with Ivan Boesky for multiple SEC violations.
This entire stock bubble enabled by the Fed’s flood of printed money into the financial system is little more than a money transfer mechanism from the public to the Wall Street banks, corporate CEO’s, private equity funds and other sundry beneficiaries (unicorn founders/employees, law firms, lobbyists, etc).
Hertz reflects the degree to which entire U.S. economic and financial system has deteriorated into a free-for-all for the wolves – foaming at the mouth – who are in a position to take advantage of this environment. Note to Robinhood traders: that’s not you.
I said over 15 years ago that the Fed would eventually print enough money to enable the elitists to sweep every last crumb of the public’s money off the table into their own pockets before allowing the system to collapse. We may be on that final stretch – gradually then suddenly – where we are entering the “suddenly” moment…
“…when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed.” – Francisco’s “Money Speech,” “Atlas Shrugged.”


investmentwatchblog--2020-06-15--T-MOBILE, SPRING, AT&T, VERIZON customers reporting widespread cell outages

For me it ’ s just incoming and outgoing calls .
I can still text and post this .
Idk @ @ @ @ @ conveniently IPhone FaceTime audio also works .
Which isn ’ t a feature that is @ @ @ @ @ from what I know .
A large number of T-Mobile , Sprint , AT & @ @ @ @ @ the country say they are experiencing outages with their cell service .
According to DownDetector.com @ @ @ @ @ U.S. are reporting problems with their service , with a large number of reports coming @ @ @ @ @ , Miami , Atlanta , New York , Chicago , Houston and Los Angeles .

by cocoblueworld22
For me it’s just incoming and outgoing calls. I can still text and post this. Idk about anyone else. But conveniently IPhone FaceTime audio also works. Which isn’t a feature that is available on other phones, from what I know.
downdetector.com/status/t-mobile/map/
A large number of T-Mobile, Sprint, AT&T and Verizon customers across the country say they are experiencing outages with their cell service.
According to DownDetector.com, customers from across the U.S. are reporting problems with their service, with a large number of reports coming from major cities including Tampa, Miami, Atlanta, New York, Chicago, Houston and Los Angeles.


investmentwatchblog--2020-06-15--The Pros and Cons of Home Warranty Plans

While home warranty plans can be extremely helpful to some homeowners , for others , these plans may not be worth the cost .
If you ’ re considering purchasing a home warranty plan , you need to think through the benefits and drawbacks of different plans .
By doing this , you ’ ll be able to decide whether or not a home warranty plan is a good decision for you financially and practically .
In your search for information on home warranty plans , ensure you ’ re using reliable sources of information .
Many sites offer information @ @ @ @ @ @ @ , giving you a holistic view of each plan .
Be sure to read reviews as well , such as reviews on American Home Shield , a popular home warranty company .
To learn more about the pros and cons of home warranty plans , keep reading .
Pro : They offer quick and convenient fixes for your home When something in your home breaks , home warranty plans are available to make repairs .
With a simple request for repair , most home warranty companies will schedule a contractor to visit your @ @ @ @ @ @ @ .
This takes the work out of finding a separate contractor , scheduling an appointment , and waiting for them to fit you in .
Pro : You can have peace of mind Knowing that you are covered in the event of something breaking is helpful for many homeowners .
As owning a home comes with many stressors , having something break is one of the last things you want to worry about .
With a home warranty plan under your belt , you ’ ll have peace of mind .
Pro : @ @ @ @ @ @ @ ll typically pay $ 350 to $ 600 a year for a basic home warranty plan .
If you have multiple repairs or replacements needed within a year , the cost of a home warranty plan can be less than the cost of repairing everything on your own .
Because of this , home warranty plans can end up paying for themselves .
Home warranty plans usually charge a monthly or yearly cost to have the plan .
On top of that , however , you ’ ll probably be charged for any @ @ @ @ @ @ @ call can cost around $ 50 to $ 75 per individual contractor sent .
Con : You can ’ t pick your own contractor When you make a service call to a home warranty company , they ’ ll usually send out the most available contractor .
Due to this , you aren ’ t able to make relationships with local contractors in the way you would without a home warranty company .
Some homeowners prefer to stick with one trusted contractor .
Con : You may be paying for nothing If nothing @ @ @ @ @ @ @ an extended period of time , that ’ s good .
But , you ’ re still paying your home warranty company .
This drawback may make some homeowners hesitant to purchase a home warranty plan — especially if they own a newer home with new appliances .
In order to decide whether or not you need to purchase a plan , you need to weigh these pros and cons based on your own circumstances .
Don ’ t hesitate to gather quotes , read reviews , and learn more about the home @ @ @ @ @ @ @ making any decisions .
Just make sure you ’ re making informed decisions !
Disclaimer : This content does not necessarily represent the views of IWB .

While home warranty plans can be extremely helpful to some homeowners, for others, these plans may not be worth the cost. If you’re considering purchasing a home warranty plan, you need to think through the benefits and drawbacks of different plans. By doing this, you’ll be able to decide whether or not a home warranty plan is a good decision for you financially and practically.
In your search for information on home warranty plans, ensure you’re using reliable sources of information. Many sites offer information outside of the home warranty company itself, giving you a holistic view of each plan. Be sure to read reviews as well, such as reviews on American Home Shield, a popular home warranty company.
To learn more about the pros and cons of home warranty plans, keep reading.
Pro: They offer quick and convenient fixes for your home
When something in your home breaks, home warranty plans are available to make repairs. With a simple request for repair, most home warranty companies will schedule a contractor to visit your home in a reasonable amount of time. This takes the work out of finding a separate contractor, scheduling an appointment, and waiting for them to fit you in.
Pro: You can have peace of mind
Knowing that you are covered in the event of something breaking is helpful for many homeowners. As owning a home comes with many stressors, having something break is one of the last things you want to worry about. With a home warranty plan under your belt, you’ll have peace of mind.
Pro: They can pay for themselves
You’ll typically pay $350 to $600 a year for a basic home warranty plan. If you have multiple repairs or replacements needed within a year, the cost of a home warranty plan can be less than the cost of repairing everything on your own. Because of this, home warranty plans can end up paying for themselves.
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Con: There are fees
Home warranty plans usually charge a monthly or yearly cost to have the plan. On top of that, however, you’ll probably be charged for any service calls you make. A service call can cost around $50 to $75 per individual contractor sent.
Con: You can’t pick your own contractor
When you make a service call to a home warranty company, they’ll usually send out the most available contractor. Due to this, you aren’t able to make relationships with local contractors in the way you would without a home warranty company. Some homeowners prefer to stick with one trusted contractor.
Con: You may be paying for nothing
If nothing happens to break in your home for an extended period of time, that’s good. But, you’re still paying your home warranty company. This drawback may make some homeowners hesitant to purchase a home warranty plan — especially if they own a newer home with new appliances.
In order to decide whether or not you need to purchase a plan, you need to weigh these pros and cons based on your own circumstances. Don’t hesitate to gather quotes, read reviews, and learn more about the home warranty companies that cover your region before making any decisions. Just make sure you’re making informed decisions!
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-06-15--Either this is wrong, or the Fed’s actions are illegal

Either this is wrong , or the Fed 's actions are illegal Only CARES funds *directly from Treasury are available @ @ @ @ @ ( 4 ) ( B ) secondary purchases .
Beyond that , 4003 ( c @ @ @ @ @ B ) requires 13 ( 3 ) collateral .
Bonds are n't their own collateral.t.co/1Po6hOjPpk @ @ @

Either this is wrong, or the Fed's actions are illegal
Only CARES funds *directly from Treasury are available for 4003(b)(4)(B) secondary purchases. Beyond that, 4003(c)(3)(B) requires 13(3) collateral. Bonds aren't their own collateral.t.co/1Po6hOjPpk@JeffCoxCNBCcom pic.twitter.com/udpG0kqN4C
— John P. Hussman (@hussmanjp) June 15, 2020


investmentwatchblog--2020-06-15--Former Harvard  Professor Indicted

Former Harvard  Professor Indicted

Lieber is charged with lying about his involvement in China ’ s Thousand Talents Program .
The # CCP uses @ @ @ @ @ experts to bring their knowledge and experience to # China—and rewards them for stealing # @ @ @

Former @Harvard Professor Indicted
Lieber is charged with lying about his involvement in China’s Thousand Talents Program. The #CCP uses the program to lure foreign experts to bring their knowledge and experience to #China—and rewards them for stealing #intellectualproperty. pic.twitter.com/qY7QaSjQLH
— NTD News (@news_ntd) June 14, 2020


investmentwatchblog--2020-06-15--Surprise surprise…  CAPEX expectation barely rebounded last month.  Companies are reluctant to spend

Hard to see labor markets going back to normal any time soon .
pic.twitter.com/Nt1EJjHrHE

Surprise surprise…
CAPEX expectation barely rebounded last month.
Companies are reluctant to spend capital.
Hard to see labor markets going back to normal any time soon. pic.twitter.com/Nt1EJjHrHE
— Otavio (Tavi) Costa (@TaviCosta) June 15, 2020


investmentwatchblog--2020-06-15--“History Doesn’t Repeat Itself, but It Often Rhymes”

Here ’ s the daily SPY chart for the past six months : Also , you could argue the past @ @ @ @ @ 3 peaks and a domed house ’ formation ( a smaller version of the one @ @ @ @ @ ) Disclaimer : This information is only for educational purposes .
Do not make any @ @ @ @ @ information in this article .
Do you own due diligence .

by TRENT_BING
Here’s the daily SPY chart for the past six months:
Of note:
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Euphoric peak with low volume Sudden gap down off extreme highs Large intraday moves with increasing volume MACD crossover
Also, you could argue the past 3 months are another ‘3 peaks and a domed house’ formation (a smaller version of the one that preceded the March crash)
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-06-15--Bankrupt shares can have risk??!!

Bankrupt shares can have risk??!!

“ Hertz says it expects stockholders to lose all their money in filing for selling more stock ” “ Hertz @ @ @ @ @ in its common stock offering that it ’ s almost certain that the equity will @ @ @ @

Bankrupt shares can have risk??!! t.co/nENz1UadG0 — Win Smart, CFA (@WinfieldSmart) June 15, 2020
Hertz: We’re selling some stock here, but just so you know you will lose all of your money Robinhooders: Sweet! Hold my beer — GreekFire23 (@GreekFire23) June 15, 2020
“Hertz says it expects stockholders to lose all their money in filing for selling more stock”
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“Hertz Global Holdings warned potential buyers in its common stock offering that it’s almost certain that the equity will become worthless.”


investmentwatchblog--2020-06-15--$USD liquidity is withdrawn from markets again! GFC can’t compare with Covid jobs shock. How bad wil

$USD liquidity is withdrawn from markets again! GFC can’t compare with Covid jobs shock. How bad will defaults get? V Recovery? How?

$ USD liquidity is withdrawn from markets again !
The US Treasury builds up cash faster than the Fed prints.. @ @ @ @ @ why risk assets have run out of steam .
How to trade it ?
- @ @ @

$USD liquidity is withdrawn from markets again!
The US Treasury builds up cash faster than the Fed prints..
This is likely the reason why risk assets have run out of steam.
How to trade it? -> t.co/HzMmS383rg pic.twitter.com/8SmhZcNQ5I
— AndreasStenoLarsen (@AndreasSteno) June 14, 2020


investmentwatchblog--2020-06-15--NPR: Coronavirus 2nd Wave? Nope, The U.S. Is Still Stuck In The 1st One

NPR : Coronavirus 2nd Wave ?
Nope , The U.S. Is Still Stuck In The 1st One Nationwide more than @ @ @ @ @ day after day.t.co/beNi0fkh4m pic.twitter.com/yxUZPcujU9

NPR: Coronavirus 2nd Wave? Nope, The U.S. Is Still Stuck In The 1st One
Nationwide more than 800 people continue to die day after day.t.co/beNi0fkh4m pic.twitter.com/yxUZPcujU9
— M/I_Investments (@MI_Investments) June 14, 2020


investmentwatchblog--2020-06-15--Robinhood traders are not behind the rally and their favorites actually underperform, Barclays says

Retail investors speculating in stocks are not responsible for the market ’ s comeback and their top picks tend to @ @ @ @ @ .
The Wall Street firm looked at historic data for Robinhood customers and examined their @ @ @ @ @ prices .
Barclays concluded there was no clear relationship between Robinhood customers adding shares and @ @ @ @ @ moves .

by KJ6BWB
www.cnbc.com/2020/06/12/robinhood-traders-are-not-behind-the-rally-and-their-favorites-actually-underperform-barclays-says.html
Retail investors speculating in stocks are not responsible for the market’s comeback and their top picks tend to underperform, according to Barclays.
The Wall Street firm looked at historic data for Robinhood customers and examined their top holdings and closing stock prices. Barclays concluded there was no clear relationship between Robinhood customers adding shares and S&P 500 index moves.


investmentwatchblog--2020-06-15--Has anyone else noticed how Amazon has jacked up their prices all across the board?

I use amazon to buy a wide variety of things .
None of them are related to Covid-19 like sanitizer @ @ @ @ @ etc .
Yet still I ’ m noticing crazy price hikes all across the board @ @ @ @ @ for 8 dollars in February are now 14 dollars .
Searching on twitter and Reddit @ @ @ @ @ the same thing.Seems like small items are now 50 % -75 % more expensive while @ @ @ @ @ 25 % -35 % more expensive This is completely disgusting .
Amazon gains a monopoly @ @ @ @ @ uses a pandemic as an excuse to jack up all of its prices after people @ @ @ @ @ And it ’ s not true that 3rd party sellers determine the cost of items @ @ @ @ @ if it ’ s sold through Amazon Prime , which is really the only economical @ @ @ @ @ Otherwise you ’ re paying for 3-5 day shipping instead of getting 1-2 day shipping @ @

by TrumpsToupee12
We are primarily funded by readers. Please subscribe and donate to support us!
I use amazon to buy a wide variety of things. None of them are related to Covid-19 like sanitizer, gloves, masks, etc. Yet still I’m noticing crazy price hikes all across the board. Things that I bought for 8 dollars in February are now 14 dollars. Searching on twitter and Reddit and other people are reporting the same thing.Seems like small items are now 50% -75% more expensive while more costly items are around 25%-35% more expensive This is completely disgusting. Amazon gains a monopoly through government subsidies and then uses a pandemic as an excuse to jack up all of its prices after people become dependent on amazon. And it’s not true that 3rd party sellers determine the cost of items, amazon decides the price if it’s sold through Amazon Prime, which is really the only economical way to use amazon. Otherwise you’re paying for 3-5 day shipping instead of getting 1-2 day shipping for free


investmentwatchblog--2020-06-15--Hydrogen Fuel Economy Is Finally Going Mainstream

Hydrogen power has been on the market for decades but has never really been able to break the glass ceiling of mass-market appeal , mainly due to a host of technical and cost issues .
Indeed , battery power appears to be winning the race to replace the internal combustion engine ( ICE ) more than any other alternative fuel type .
EV companies like Tesla Inc. ( NASDAQ : TSLA ) have already hit the fast lane while hydrogen-powered fuel cell electric vehicles ( FCEVs ) appear to have stalled on the start line .
Case in point is @ @ @ @ @ @ @ in the United States .
The golden state boasts a grand total of 20,992 EV charging stations compared to just 40 public hydrogen fueling stations .
But now some experts believe that the hydrogen fuel economy has finally reached a tipping point , and hydrogen could soon develop into a globally-traded energy source , just like oil and gas .
The revelation comes as dozens of countries have started committing billions of dollars , especially to green hydrogen , in a bid to combat climate change .
The term “ hydrogen economy ” @ @ @ @ @ @ @ to replace traditional fuels such as oil and natural gas as low-carbon fuels for transportation or heating .
London–based global information provider , IHS Markit , has reported that a growing number of oil , automotive and other companies have been proactively investing in hydrogen technologies .
The analyst says that countries across the globe are investing in hydrogen either as a tool to meet ambitious decarbonization goals or an opportunity for export .
For instance , hydrocarbon exporting countries in the Middle East which are well endowed with high solar insolation ; @ @ @ @ @ @ @ like Russia as well as highly industrialized energy-importing countries in Asia and Europe are all showing a keen interest in hydrogen .
A good case in point is Germany , which has recently committed to invest €9B ( about $ 10.2B ) in hydrogen technology over the next two decades .
Last Wednesday , Germany ’ s cabinet passed a national hydrogen strategy that will help decarbonize the economy and cut CO2 emissions .
The government has proposed to build electrolysis capacity of 5,000MW by 2030 and another 5,000MW by 2040 over the @ @ @ @ @ @ @ Germany currently consumes 55 TWh each year of CO2-intensive hydrogen in its steel , chemical and fertilizer industries , among others .
However , it wants to get rid of “ grey ” fossil hydrogen generated from natural gas and instead scale green hydrogen produced from wind and solar energy .
That level of investment is likely to catapult Germany into a regional and global fuel hydrogen powerhouse .
Other countries with huge hydrogen commitments include Australia , China , France , Norway , South Korea , and the UK , among others @ @ @ @ @ @ @ and must , therefore , be produced from other compounds such as water , natural gas , biomass , or alcohols .
In all these cases , it takes energy to convert these primary fuels into pure hydrogen ; for that reason , hydrogen is viewed as a storage medium or energy carrier rather than an energy source in itself .
Consequently , the climate impact of using hydrogen as a fuel depends on the carbon footprint of the energy that is used to produce it .
Currently , hydrogen is mostly produced @ @ @ @ @ @ @ CO2 .
However , it can also be produced from low-carbon sources such as solar or wind power , which are used to split water into hydrogen and oxygen through electrolysis .
Methane gas from landfills and sewage treatment facilities are another potential source of low-carbon hydrogen as long as methane leakage is minimized .
The surprising find is that FCEVs using hydrogen from natural gas are still considerably cleaner than traditional ICEs .
A 2014 study by the Union of Concerned Scientists found that FCEVs using hydrogen generated from natural gas had @ @ @ @ @ @ @ warming emissions more than 30 % lower than conventional gasoline vehicles and under California ’ s renewable hydrogen requirements .
California ’ s grid–and the US ’ as a whole–have become considerably greener since then , implying that the carbon footprint by hydrogen-powered devices such as FCEVs and forklifts has also declined by a considerable margin .
Last year marked an important milestone for the hydrogen fuel industry , after the world added 1GW of global hydrogen fuel capacity , crossing the 1GW mark for the first time ever .
That represented 40 @ @ @ @ @ @ @ global EV unit sales growth .
Hydrogen fuel cell stocks have lately been cleaning house : PlugPower Inc. ( NASDAQ : PLUG ) has soared 50.6 % YTD and 81.1 % over the past 12 months , Ballard Power Systems ( NASDAQ : BLDP ) is up 67.6 % YTD and 188.5 % over 12 months , FuelCell Energy , Inc. ( NASDAQ : FCEL ) has rallied 1.2 % YTD and 534.8 % over 12 months while Bloom Energy Corporation ( NASDAQ : BE ) has returned 16.3 % YTD and -17.1 @ @ @ @ @ @ @ A big reason why the hydrogen marketplace is opening up is due to falling production costs .
According to IHS Markit , fuel hydrogen production costs declined 45 % between 2015-2020 and could fall another 42 % by 2030 .
The organization anticipates that hydrogen could provide anywhere from 10-25 % of the world ’ s energy needs by 2030 , or as much as natural gas , as costs continue to fall .
This could prove to be yet another blow for the fossil fuel industry .
But even more importantly , @ @ @ @ @ @ @ for their money .
For instance , Japan has outlined plans to quit fossil fuels and import clean hydrogen with plans to have as many as 800,000 hydrogen-powered fuel cell cars on its roads by 2030 .
Others like the UK have come up with more novel measures , such as adding hydrogen directly to natural gas .
Elon Musk claims to have never lost sleep over the threat posed by the hydrogen fuel cell industry , dismissing them as “ mind-bogglingly stupid , ” “ fool cells , ” and also “ @ @ @ @ @ @ @ developments in the industry , as well as this survey of 1,000 industry executives that concluded that hydrogen fuel cell technology will ultimately outperform battery-powered EVs , should at least give him some food for thought .

By Alex Kimani
Hydrogen power has been on the market for decades but has never really been able to break the glass ceiling of mass-market appeal, mainly due to a host of technical and cost issues. Indeed, battery power appears to be winning the race to replace the internal combustion engine (ICE) more than any other alternative fuel type. EV companies like Tesla Inc. (NASDAQ:TSLA) have already hit the fast lane while hydrogen-powered fuel cell electric vehicles (FCEVs) appear to have stalled on the start line.
Case in point is California, one of the greenest states in the United States. The golden state boasts a grand total of 20,992 EV charging stations compared to just 40 public hydrogen fueling stations.
But now some experts believe that the hydrogen fuel economy has finally reached a tipping point, and hydrogen could soon develop into a globally-traded energy source, just like oil and gas.
The revelation comes as dozens of countries have started committing billions of dollars, especially to green hydrogen, in a bid to combat climate change.
The Hydrogen Economy
The term “hydrogen economy” refers to the vision of using hydrogen to replace traditional fuels such as oil and natural gas as low-carbon fuels for transportation or heating.
London–based global information provider, IHS Markit, has reported that a growing number of oil, automotive and other companies have been proactively investing in hydrogen technologies.
The analyst says that countries across the globe are investing in hydrogen either as a tool to meet ambitious decarbonization goals or an opportunity for export.
For instance, hydrocarbon exporting countries in the Middle East which are well endowed with high solar insolation; coal-rich countries like Australia, gas-rich countries like Russia as well as highly industrialized energy-importing countries in Asia and Europe are all showing a keen interest in hydrogen.
Source: IHS Markit
A good case in point is Germany, which has recently committed to invest €9B (about $10.2B) in hydrogen technology over the next two decades.
Last Wednesday, Germany’s cabinet passed a national hydrogen strategy that will help decarbonize the economy and cut CO2 emissions. The government has proposed to build electrolysis capacity of 5,000MW by 2030 and another 5,000MW by 2040 over the following decade to produce fuel hydrogen.
Germany currently consumes 55 TWh each year of CO2-intensive hydrogen in its steel, chemical and fertilizer industries, among others. However, it wants to get rid of “grey” fossil hydrogen generated from natural gas and instead scale green hydrogen produced from wind and solar energy.
That level of investment is likely to catapult Germany into a regional and global fuel hydrogen powerhouse.
We are primarily funded by readers. Please subscribe and donate to support us!
Other countries with huge hydrogen commitments include Australia, China, France, Norway, South Korea, and the UK, among others.
Hydrogen in Climate Change
Hydrogen is a highly reactive element and must, therefore, be produced from other compounds such as water, natural gas, biomass, or alcohols. In all these cases, it takes energy to convert these primary fuels into pure hydrogen; for that reason, hydrogen is viewed as a storage medium or energy carrier rather than an energy source in itself. Consequently, the climate impact of using hydrogen as a fuel depends on the carbon footprint of the energy that is used to produce it.
Currently, hydrogen is mostly produced by converting natural gas to hydrogen and CO2. However, it can also be produced from low-carbon sources such as solar or wind power, which are used to split water into hydrogen and oxygen through electrolysis. Methane gas from landfills and sewage treatment facilities are another potential source of low-carbon hydrogen as long as methane leakage is minimized.
The surprising find is that FCEVs using hydrogen from natural gas are still considerably cleaner than traditional ICEs.
A 2014 study by the Union of Concerned Scientists found that FCEVs using hydrogen generated from natural gas had a full lifecycle “well-to-wheels” global warming emissions more than 30% lower than conventional gasoline vehicles and under California’s renewable hydrogen requirements. California’s grid–and the US’ as a whole–have become considerably greener since then, implying that the carbon footprint by hydrogen-powered devices such as FCEVs and forklifts has also declined by a considerable margin.
Hydrogen Fuel Stocks Soaring
Last year marked an important milestone for the hydrogen fuel industry, after the world added 1GW of global hydrogen fuel capacity, crossing the 1GW mark for the first time ever. That represented 40% Y/Y growth, or double the global EV unit sales growth.
Hydrogen fuel cell stocks have lately been cleaning house: PlugPower Inc. (NASDAQ:PLUG) has soared 50.6% YTD and 81.1% over the past 12 months, Ballard Power Systems (NASDAQ:BLDP) is up 67.6% YTD and 188.5% over 12 months, FuelCell Energy, Inc. (NASDAQ:FCEL) has rallied 1.2% YTD and 534.8% over 12 months while Bloom Energy Corporation (NASDAQ: BE) has returned 16.3% YTD and -17.1% over the past 12 months.
A big reason why the hydrogen marketplace is opening up is due to falling production costs. According to IHS Markit, fuel hydrogen production costs declined 45% between 2015-2020 and could fall another 42% by 2030. The organization anticipates that hydrogen could provide anywhere from 10-25% of the world’s energy needs by 2030, or as much as natural gas, as costs continue to fall.
Source: IHS Markit
This could prove to be yet another blow for the fossil fuel industry.
But even more importantly, FCEVs could start giving EVs a run for their money.
For instance, Japan has outlined plans to quit fossil fuels and import clean hydrogen with plans to have as many as 800,000 hydrogen-powered fuel cell cars on its roads by 2030. Others like the UK have come up with more novel measures, such as adding hydrogen directly to natural gas.
Elon Musk claims to have never lost sleep over the threat posed by the hydrogen fuel cell industry, dismissing them as “mind-bogglingly stupid,” “fool cells,” and also “a load of rubbish.”
But current developments in the industry, as well as this survey of 1,000 industry executives that concluded that hydrogen fuel cell technology will ultimately outperform battery-powered EVs, should at least give him some food for thought.
By Alex Kimani for Oilprice.com


investmentwatchblog--2020-06-15--The CDC is not a ‘public health’ agency, it’s a vehicle for corporate lobbying

Go to www.cdcfoundation.org/FY2019/organizations and go through all the funding throughout the fiscal years .
It ’ s all Fortune 500 @ @ @ @ @ Cola , Amazon , GlaxoSmith Kline , etc !
Do they really care about ‘ @ @ @ @ @ are they backing a medical tyranny ?
“ The CDC Foundation is an independent nonprofit @ @ @ @ @ by Congress to mobilize philanthropic and private-sector resources to support the Centers for Disease Control @ @ @ @ @ health protection work .
”

by bobbypolitic
Go to www.cdcfoundation.org/FY2019/organizations and go through all the funding throughout the fiscal years. It’s all Fortune 500 banks and corporations, Coca Cola, Amazon, GlaxoSmith Kline, etc! Do they really care about ‘public health’, or are they backing a medical tyranny?
2018 2017 2016 2015
We are primarily funded by readers. Please subscribe and donate to support us!
From the CDC’s foundation’s page:
“The CDC Foundation is an independent nonprofit and the sole entity created by Congress to mobilize philanthropic and private-sector resources to support the Centers for Disease Control and Prevention’s critical health protection work.”