Thursday, April 2, 2020

Of course, government is on the government’s own list of “essential” work.



Dr. Fauci needs bodyguards. What have we become.

The Senator Who Saw the #coronavirus Coming





"This is a threat to kill Americans, by withholding medicines…If that’s not a wake-up call, I don’t know what is.”

REMINDER FROM JANUARY - AND FEBRUARY





Trump, Oil CEOs to meet as crude tumbles

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President Trump is set to meet Friday with the heads of some of the largest U.S. oil companies to discuss government measures to help the industry weather an unprecedented oil crash, people familiar with the matter said. ⁣ ⁣The meeting is to take place at the White House and will include Exxon Mobil Corp. Chief Executive Darren Woods, Chevron Corp. Chief Executive Mike Wirth, Occidental Petroleum Corp. Chief Executive Vicki Hollub and Harold Hamm, executive chairman of Continental Resources Inc., the people said. ⁣ ⁣The U.S. oil and gas industry has been pummeled recently by the dual shock of plummeting oil demand because of the coronavirus pandemic and surging supply as Russia and Saudi Arabia are locked in a price war and flood the market with crude. ⁣ ⁣Oil prices plunged this week to just above $20 a barrel, the lowest level in nearly two decades.

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You shouldn't repeat stories you know are false.

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“Are you working for #CNN?”

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6.6 Million Laid Off

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More than 6.6 million Americans applied for unemployment benefits last week. The record 6,648,000 seasonally adjusted claims figure comes after 3.3 million sought benefits two weeks ago. Claims have skyrocketed after large segments of the U.S. economy shut down in response to government orders aimed at combating the coronavirus pandemic. Economists had expected claims to remain around 3 to 4 million but few had confidence about such forecasts in light of the rapidly changing economic conditions. On an unadjusted basis, new claims came in at 5.8 million. Some economists will look to that as a more accurate read of the labor market because seasonal adjustments are less relevant in the unusual circumstances prevailing now. Initial jobless claims are a proxy for layoffs. The extremely high levels recorded in the past two weeks are an indication that businesses have let go millions of workers as demand for goods and services, as well as the ability to provide them, has fallen dramatically due to fears of the virus and orders to stay at home. The layoffs are widespread across the U.S., according to state-by-state data reported with a one week delay. All states reported increases in initial claims for the week ending March 21. The largest increases were in Pennsylvania, Ohio, Massachusetts, Texas, and California. The smallest increases were in the Virgin Islands, South Dakota, West Virginia, Vermont, and Wyoming.

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JUST IN: The number of Americans filing claims for unemployment benefits surged to more than 6.6 million last week, breaking a record high for the second week in a row as more states and cities enforced strict stay-at-home measures in an attempt to stop the coronavirus pandemic. ⁣ ⁣Claims between the period of March 21 and March 28 blew past the previous week's record of 3.3 million, according to the weekly jobless claims report from the Labor Department published on Thursday. ⁣ ⁣That brings the total number of Americans who filed for unemployment over the past two weeks to nearly 10 million, a stunning sign of the colossal economic damage inflicted by the outbreak. ⁣ ⁣The report, which provides the most up-to-date evidence on the labor market and the health of the economy, likely reinforces economists' views that the U.S. has already entered a recession, bringing to end a historically long, 11-year economic expansion. ⁣ ⁣Lawmakers are looking to provide relief to laid-off workers with a $2 trillion stimulus package, the largest relief bill in recent memory, that President Trump signed last week. In addition to giving adults who earn less than $99,000 annually up to $1,200 cash checks, the bill expanded unemployment benefits. ⁣ ⁣(Re-gram: @FoxBusiness)

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"And the fact is, every time I called the President, he’s quickly gotten on the line. When we asked to get support for that Mercy ship for Southern California, he was able to direct that in real-time. We have 2,000 of these field medical sites that are up, almost all operational now in the state because of his support. Those are the facts."

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Wednesday on CNN’s “The Lead,” Gov. Gavin Newsom (D-CA) said President Donald Trump and his administration have been responsive to California’s needs during the coronavirus outbreak. Anchor Jake Tapper said, “I’ve talked to officials throughout the country who have said that they have to temper their remarks and what they say about the federal government response for fear that President Trump will punish the citizens of their state if he considers them to be a complainer. You and President Trump seem to have been working collaboratively. He praised you yesterday. Do you find yourself by necessity tempering what you say in terms of any issues you might have with the federal response? Newsom said, “I’ve been consistent, and Jake — know this, we’ve been dealing with historic wildfires and droughts out in the west here in California. And I’ve always said, I said it back a year ago, this is not time to bicker, I don’t care who is up and down, whose polls are looking better than someone else’s or who wants to run for President or who doesn’t. When it comes to times of crisis, we need to rise above the partisanship. And I’ve extended always an open hand, not a closed fist in those circumstances. And this is no different. But let me just be candid with you. I’d be lying to you to say that he hasn’t been responsive to our needs. He has.” He added, “And so, as a question, as a sort of an offer of objectivity, I have to acknowledge that publicly. And the fact is, every time I called the President, he’s quickly gotten on the line. When we asked to get support for that Mercy ship for Southern California, he was able to direct that in real-time. We have 2,000 of these field medical sites that are up, almost all operational now in the state because of his support. Those are the facts. We always want more. I could criticize this or that. At the end of the day, we’re just trying to focus on developing a relationship of trust as a matter of course because there’s too many Americans, 40 million, that live in this state that deserve for to us get together and get along.”

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Incomplete Chinese Data Misled Experts, WHO fails















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Dr. Deborah Birx on Tuesday said that medical experts failed to understand the seriousness of the coronavirus because of incomplete data coming out of China. “I think the medical community interpreted the Chinese data as that this was serious but smaller than anyone expected,” she said. “Because I think probably we were missing a significant amount of the data.” Birx spoke about the experts’ relationship with the data during a White House press briefing on Tuesday evening. She acknowledged frankly that when she saw early data from China reporting only 50,000 cases of the virus among the 20 million people in Wuhan, China, and the 80 million in Hubei province, she felt that the threat was similar to that of SARS, which had 8,098 cases globally and 774 deaths. The devastation hitting countries like Italy and Spain and South Korea gave the experts much more complete data, helping them draw models that were far more alarming. “Let’s see if we can do much better than that,” President Donald Trump said during the briefing, pointing to the models predicting 100,000 to 240,000 deaths in the United States. Trump noted that the virus was also more contagious than expected. “I think the one thing that nobody really knew about this virus was how contagious it was,” he said. “It’s so incredibly contagious, and nobody knew that.”

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From #WashTimes’ Ryan Lovelace: Huawei ran a new influence campaign using Facebook ads with disguised political messages, Twitter broadcasts by a leading American law firm, and the Chinese state television’s American division. The effort is designed to make the Chinese tech giant look like the solution to all the world’s problems just as the West’s economies have come to a screeching halt. Huawei ran ads in March on Facebook that predicted a global cyber crisis that could become just as severe or “maybe even worse” than the financial crisis of 2008. The ad encouraged people to “#TrustInTech #HuaweiNow.” Facebook removed the ad because it did not include a disclaimer that it was related to U.S. politics and because Huawei paid for the ad with a foreign currency. • Full story on our website #news #hauwei #china #trade #economics #markets #technologies #commerce #covid

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