Attorney General William P. Barr issued the following statement: “In light of the COVID-19 pandemic, the President has issued guidelines calling on all Americans to do their part to slow the spread of a dangerous and highly contagious virus. Those measures are important because the virus is transmitted so easily from person to person, and […]
Supreme Court Will Hold Hearings Via Teleconference and Broadcast Live Audio of Consolidated Trump Financial Cases…
The resistance appears to be coming together. In a stunning and historic change of protocol the United States Supreme Court will hold teleconference hearings and will actually live-stream broadcast the oral arguments and questions. Two elements are remarkable. First, that the Supreme Court would permit a livestream broadcast of any hearing is historic. The purposeful […]
Taiwan Reports No New Wuhan Coronavirus Cases for First Time in a Month…
As the number of confirmed global COVID-19 infections nears 2 million, Taiwan on April 14 reported no new cases for the first time in more than a month. “Of course, we hope it has passed,” Health Minister Chen Shih-chung told a news conference, referring to the outbreak on the island. Chen said the last time […]
AEI Releases ‘Conservative’ Estimate of China’s True Outbreak Numbers. It’s Staggering…
The American Enterprise Institute (AEI) released a new “conservative estimation” on the true extent of China’s coronavirus outbreak and determined that China, even when given every benefit of the doubt, has severely and “deliberately” under-reported its real numbers. The estimate from AEI resident scholar Derek Scissors, PhD, was included in an article published Monday night […]
MNUCHIN: RE-OPENING ECONOMY TARGETING MAY 1…
Treasury Secretary Stephen Mnuchin said Monday he and his team had winnowed down a list of 100 business people to join a special task force dedicated to re-opening the economy after the coronavirus pandemic passes. The task force will work with medical advisers to develop a timeline for re-opening the economy, with May 1 as […]
Another 6.6 Million People File Unemployment Claims This Week Bringing Total in Two Weeks to 16 Million…
The news is horrific. The Dept. of Labor release today shows another whopping 6.6 million people filed for unemployment compensation last week. That brings the total over the past three weeks to over sixteen million. With 16 million people filing unemployment claims, the actual rate of unemployment is likely well into double digits [13% to […]
The Fed Apparently Thinks It’s Going to Lose $454 Billion on Its Wall Street Bailout…
On Thursday, March 26, in the midst of a growing panic on Wall Street over a lack of liquidity for toxic debt, the Federal Reserve Chairman Jerome Powell did something unprecedented. He appeared live on the Today show. His interviewer, Savannah Guthrie, opened the interview by noting that one writer had said that the Fed […]
‘Made in America’ is Going to Become a ‘Rallying Cry’…
One of the key outcomes from the new coronavirus outbreak that continues to sicken people across the globe, crush global markets and keep millions of Americans out of work is that “Made in America” will become a “really powerful rallying cry, ” Buck Sexton, the host of “The Buck Sexton Show” said on Friday. “You’re […]
The Oil Glut Is About to Get Even Worse…
With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid the Covid-19 crisis, building one of the biggest oil supply gluts the world has ever seen, UK operator INEOS has decided to postpone its scheduled maintenance for the […]
Senate Passes $2 Trillion Coronavirus Stimulus Bill…
The Senate passed the largest rescue package in modern history on Wednesday to alleviate economic pressure caused by the novel coronavirus, which has killed more than 1,000 people in the U.S. and over 21,000 people globally. Why it matters: The roughly $2 trillion COVID-19 relief package includes thousands of dollars in direct payments to most […]
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