COST OF PANDEMIC The travesty of the pandemic has repercussions that will last for decades. The national debt will exceed the GDP 10 years sooner than originally projected. Biden at the end of February 2020, on the pandemic, stated how important it was to listen to the doctors and medical professionals. For 3 weeks, Trump labeled it a political hoax and stated only 1 person had the virus. That it would disappear by April when the weather warms up. It…
MAKING AMERICA GREAT The Donald is missing out on world-wide efforts to find a vaccine. In a recent WHO meeting of developed member countries, a 5 point pledge was introduced, making corporation, data exchange, coordination, and communications on any progress and breakthroughs in real time mandatory. These developed countries recognized the value of world-wide cooperation in this global epidemic. Mr.Ed’s medical experts either choose or were told not to attend. His disenfranchisement of the WHO and insisting on its defunding,…
TRUMPS LAZER POINTER Yesterday Mr. ED (the Donald) (my previous rendering of the famous Mr. Ed and the likeness to that stable genius is why I will refer to him as Mr. Ed.) touted a listing of potential mediation and cures for the virus. These remedies came directly from the Trump University medical school. That is sarcasm. What Trump did last evening, in his daily dose of useless dangerous information, deflection, projection, blame and a re-writing of history, was to…
THE PAYROLL PROTECTION AND REALITY The Payroll protection relief bill was not intended (in concept) for large corporations to benefit, as it was intended for small businesses that do not have the assets to retain their key employees. That being said 2/3rds of the first relief bill was swept up within days by publicly traded corporations (big businesses). Big retail companies like Macy’s Nordstrom’s, Neman Marcus are all struggling. All these big stores were already in trouble due to on…
OIL AND OTHER BS The Administration is contemplating giving tax benefits in the form of grants and loans for Oil companies and individuals that invested in futures. Close at $1.37/ barrel. Futures contracts are a wager on the future price of oil. Investors invested at $50/barrel pay back at $1.37/barrel or the opposite depending on if it’s a put or a call type futures contract. The lunacy of a bailout for a gamble (futures contracts) is asinine. Oil companies own…
IMMIGRATION Today, Trump has threatened to sign an executive order (I’m sure he will sign soon) to cut off all immigration and green cards and basically close the southern border. Trump has already been accused of bio-terrorism by Mexico since he sent 14 individuals back that had the virus. California’s food crop harvest is totally dependent on immigrant and green card laborers. Just ask Ronald Reagan. He knew the importance of a vibrant temporary migrant work force. Reagan even…
DEMOCRACY AND TRUMP The political experiment called democracy (actually a constitutional republic because in a true democracy the head is elected by the people not electors) is in peril. Let us assume the basis for our economic system is Capitalism (defined as having both a political and economic component). In terms of a free market economy and macro-economic theory, savings equals investment. In the United States, savings rates for individuals is practically nil (50% of households have less than $400…
TRUMP DOCTRINE The Trump doctrine: Using all tools, including a pandemic, to spite his enemies. How does one have the tenacity to use a life and death matters in a blatantly political fashion, without any feeling of shame or guilt? Let me explain, last week the Trump administration issued guidelines for re-opening the economy. The guidelines state to get to Phase 1, the states need to show 14 days of decline in the numbers of cases. Phase 1 is the…
TIMELINE To start, let me state Pandemics are one of the worlds scourges that have re-occurred in history and has restructured society. Bill Gates in 2014 stated that pandemics not wars are the biggest danger to world stability. This proclamation is currently used as a conspiracy theory that basically states Gates foundation had the virus made up so that he could dominate the world health systems. Today is again the shortsightedness of the reality show host with his daily regurgitation…
WHO AND TRUMP The subject of today’s lunacy is a primer on why the WHO is being punished for the lack of Donald Trump’s leadership and his propensity to deflect and project his inadequacies. The United States provides 17% of the WHO funding. Trump in his announcement on the 15th stated “had the WHO done its job to get medical experts into China, to objectively assess the situation on the ground, the outbreak could have been contained at its source,…