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The Pronk Pops Show 1413, March 13, 2020, Story 1: President Trumps Declares A National Emergency — Unleashes Full Power of United States Government — $50 Billion in New Funding To Deal With COVID-19 Pandemic — Videos- Story 2: House Expected To Pass Family First Coronavirus Response Bill Supported By President Trump — Videos –Story 3: United State Stock Market Rallies — Best Day Since 2008 — Consumer Sentiment Beating Expectations At 95.9 — Videos

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Story 1: President Trumps Declares A National Emergency — Unleashes Full Power of United States Government — $50 Billion in New Funding To Deal With COVID-19 Pandemic — Videos

 

BREAKING: Donald Trump declares a national emergency

Trump declares National Emergency over coronavirus

Trump declares national emergency over coronavirus pandemic

Tucker: Regular life is all but suspended

Hannity: Major businesses working with Trump on coronavirus

 

Trump declares virus emergency; Pelosi announces aid deal

President Donald Trump on Friday declared the coronavirus pandemic a national emergency in order to free up more money and resources. But he denied any responsibility for delays in making testing available for the new virus, whose spread has roiled markets and disrupted the lives of everyday Americans.

Speaking from the Rose Garden, Trump said, “I am officially declaring a national emergency,” unleashing as much as $50 billion for state and local governments to respond to the outbreak.

Trump also announced a range of executive actions, including a new public-private partnership to expand coronavirus testing capabilities with drive-through locations, as his administration has come under fire for being too slow in making the test available.

Trump said, “I don’t take responsibility at all” for the slow rollout of testing.

Late Friday, House Speaker Nancy Pelosi announced a deal with the Trump administration for an aid package from Congress that aims at direct relief to Americans — free testing, two weeks of sick pay for workers, enhanced unemployment benefits and bolstered food programs.

“We are proud to have reached an agreement with the Administration to resolve outstanding challenges, and now will soon pass the Families First Coronavirus Response Act,” Pelosi announced in a letter to colleagues. The House was poised to vote.

The crush of late-day activity capped a tumultuous week in Washington as the fast-moving virus shuttered the capital’s power centers, roiled financial markets and left ordinary Americans suddenly navigating through self-quarantines, school closures and a changed way of life.

The White House was under enormous pressure, dealing with the crisis on multiple fronts as it encroached ever closer on the president.

Trump has been known to flout public health advice — eagerly shaking hands during the more than hour-long afternoon event — but acknowledged he “most likely” will be tested now after having been in contact with several officials who have tested positive for the virus. “Fairly soon,” he said.

Still, Trump said officials don’t want people taking the test unless they have certain symptoms. “We don’t want people without symptoms to go and do that test,” Trump said, adding, “It’s totally unnecessary.”

Additionally, Trump took a number of other actions to bolster energy markets, ease the financial burden for Americans with student loans and give medical professionals additional “flexibility” in treating patients during the public health crisis.

“Through a very collective action and shared sacrifice, national determination, we will overcome the threat of the virus,” Trump said.

Central to the aid package from Congress, which builds on an emergency $8.3 billion measure approved last week, is the free testing and sick pay provisions.

Providing sick pay for workers is a crucial element of federal efforts to stop the rapid spread of the infection. Officials warn that the nation’s healthcare system could quickly become overwhelmed with gravely sick patients, as suddenly happened in Italy, one of the countries hardest hit by the virus.

The ability to ensure paychecks will keep flowing — for people who stay home as a preventative measure or because they’re feeling ill or caring for others — can help assure Americans they will not fall into financial hardship.

Hopes for swiftly passing the package seemed to be fading throughout the day as talks dragged on and Trump dismissed it during as “not doing enough.”

Ahead of Trump’s new conference, Pelosi delivered a statement from the speaker’s balcony at the Capitol imploring the Trump administration and congressional Republicans to “put families first” by backing the effort to provide Americans with relief.

“Our great nation has faced crisis before,” Pelosi said. “And every time, thanks to the courage and optimism of the American people, we have prevailed. Now, working together, we will once again prevail.”

Pelosi and Mnuchin engaged in days of around-the-clock negotiations with cross-town phone calls that continued even as Trump was speaking, both indicating earlier they were close to a deal.

They both promised a third coronavirus package will follow soon, with more aggressive steps to boost the U.S. economy, which economists fear has already slipped into recession.

The financial markets closed on an upswing after one of the worst nosedives since the 1987 downturn.

For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia.

The vast majority of people recover. According to the World Health Organization, people with mild illness recover in about two weeks, while those with more severe illness may take three to six weeks to be over it.

Trump said he was gratified that Brazilian President Jair Bolsonaro tested negative for the virus, after the pair sat next to each other for an extended period of time last weekend at Trump’s Mar-a-Lago club. A senior aide to Bolsonaro tested positive.

Trump’s daugher, Ivanka Trump, worked from home Friday after meeting with Australian Home Affairs Minister Peter Dutton, now in isolation at a hospital after testing positive for the coronavirus. White House spokesman Judd Deere said she was evaluated by the White House Medical Unit and it was determined that because she was exhibiting no symptoms she does not need to self-quarantine.

Attorney General William Barr, who also met with the Australian official, was staying home Friday, though he “felt great and wasn’t showing any symptoms,” according to his spokeswoman Kerri Kupec.

Several lawmakers, including some close to Trump, have also been exposed to people who tested positive for the virus, and are self-isolating.

Among them are Republican Sens. Lindsey Graham and Rick Scott, who were at Trump’s club on the weekend. Graham announced Friday that he also met with the Australian official who has now tested positive. And GOP Sen. Ted Cruz of Texas, who had previously isolated himself after a potential exposure at a conservative conference in Washington, said Friday he met with a Spanish official and is now self-quarantining.

Hospitals welcomed Trump’s emergency declaration, which they and lawmakers in Congress had been requesting. It allows the Health and Human Services Department to temporarily waive certain federal rules that can make it harder for hospitals and other health care facilities to respond to an emergency.

The American Medical Association said the emergency declaration would help ensure America’s health care system has sufficient resources to properly respond to the ongoing outbreak.

Trump has struggled to show he’s on top of the crisis, after giving conflicting descriptions of what the U.S. is doing to combat the virus. On Wednesday he announced he would ban travel to the U.S. from Europe, and on Friday he suggested extending that to the U.K. because of a recent rise in cases.

Dr. Anthony Fauci, infectious disease chief at the National Institutes of Health, said more tests would be available over the next week, but warned, “We still have a long way to go.”

Fauci said Friday, “There will be many more cases. But we’ll take care of that, and ultimately, as the president said, this will end.”

___

Associated Press writers Aamer Madhani, Alan Fram, Lauran Neergaard, Martin Crutsinger, Laurie Kellman, Michael Balsamo and Kevin Freking in Washington and Bill Barrow in Atlanta contributed to this report.

https://apnews.com/83b0c8e168548fd453b0c177dd1f203a

 

Story 2: House Expected Passes Family First Coronavirus Response Bill Supported By President Trump — Videos

House Passes Coronavirus Relief Bill

House approves coronavirus response bill supported by Trump

House Speaker Nancy Pelosi says the House will pass coronavirus legislation

Mnuchin: Trump is very interested in putting money into the economy

PBS NewsHour West live episode, March 13, 2020

Story 3: United State Stock Market Rallies — Best Day Since 2008 — Consumer Sentiment Beating Expectations At 95.9 — Videos

The Dow Is Soaring – Here’s Why the Stock Market Is Cheering Trump

Barry Sternlicht: Stock market will make a comeback from coronavirus

El-Erian on markets: ‘It’s getting less scary than it has been for a while’

Cramer’s game plan for the trading week of March 16

Jim Cramer: Not sure this stock market sell-off can be stopped

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The Pronk Pops Show 1406, March 4, 2020, Story 1: President Trump Wins All 14 States and Over 740 Delegates On Super Tuesday and Has Total Delegates of 859 With 1,276 Delegates Needed To Win Republican Nomination for President — Americans Love A Winner — Videos — Story 2: Democrats Deeply Divided — Democratic Establishment Candidate Creepy Sleepy Dopey Joey Biden vs. Radical Extremist Democratic Socialist (REDS) Bernie Sanders — Lying Lunatic Leftist Losers vs. Trump The Winner — Americans Love A Winner — Videos — Story 3: Containing Circulating COVID-19 Communist Chinese Cough Crisis  Chaos — Do Not Touch Your Face and Wash Your Hands to Prevent Droplet Spreading and Infecting — Videos — Story 4: Federal Reserve Cuts Target Federal Fund Rate By 50 Basis Points or .5% To 1.00% to 1.25% — Return of Easy Monetary Policy — Bubble Blowing — Is Quantitative Easing or Money Printing Next? — Absolutely — Videos– Story 5: United States Stock Market Corrected for Bubble Prices —  Stock Market Prices Surge

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Story 1: President Trump Wins All 14 States and Over 740 Delegates On Super Tuesday and Has Total Delegates of 859 With 1,276 Delegates Needed To Win Republican Nomination for President — Americans Love A Winner — Videos

Patton (1/5) Movie CLIP – Americans Love a Winner (1970) HD

President Trump delivers remarks at CPAC

President Trump speaks at the Conservative Political Action Conference.

President Donald Trump Sweeps Super Tuesday

The president picked up hundreds of delegates in an unsurprising victory in more than a dozen states.

Story 2: Democrats Deeply Divided — Democratic Establishment Candidate Creepy Sleepy Dopey Joey Biden vs. Radical Extremist Democratic Socialist (REDS) Bernie Sanders — Lying Lunatic Leftist Losers vs. Trump The Winner — Americans Love A Winner — Videos

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Super Tuesday results show clear two-man race for Democratic nomination

Rubio on Biden vs. Sanders: It’s either old Obama policies or Marxism

Trump calls Warren ‘selfish’ for staying in 2020 race

Mike Bloomberg drops out of the 2020 race

Gowdy: Biden only looks moderate because he is next to Bernie

NOT A JOKE: Biden Has Dementia?! | Louder with Crowder

 

Mike Bloomberg QUITS 2020 race after disastrous Super Tuesday saying winning is ‘impossible’ after spending $1 BILLION for just 44 delegates – and immediately endorses Joe Biden, while Elizabeth Warren ‘assesses her path forward’

  • Mike Bloomberg and  Elizabeth Warren are the dramatic losers on Super Tuesday
  • Bloomberg quit at 10.11am having spent $1 billion to only win 44 delegates
  • Warren came in third in her own state of Massachusetts and came in third in nearby Maine too; aides said she was ‘assessing the path forward’
  • Dramatic count in Texas ends with Joe Biden winning the state – securing a sensational comeback from the political dead after he joked: ‘They don’t call it Super Tuesday for nothing.’ 
  • Bernie Sanders seized a victory in California in the last act of a dramatic Super Tuesday which saw Joe Biden win state after state in landslides across the nation – only for his rival to take the biggest prize of all 
  • Biden started Super Tuesday off strong, sweeping a swath of the south after first winning Virginia then picking up North Carolina, Alabama, Oklahoma, Tennessee, Minnesota, Arkansas, Massachusetts and Texas
  • Sanders currently has four states under his belt: California, Vermont, Utah and Colorado 
  • Both Sanders and Biden claimed victory, and both said they will take the nomination 
  • The path to the nomination in Milwaukee now runs through a mini-Super Tuesday on March 10, when Missouri, Michigan, Washington and Mississippi vote

Mike Bloomberg dramatically quit the presidential race Wednesday morning after a disastrous Super Tuesday and immediately backed Joe Biden.

The billionaire gained just 44 delegates by 10.11am, the time he announced his departure – but ran up a bill of $1 billion.

He immediately and whole-heartedly backed Biden, the night’s big winner, hinting that his vast fortune is now at the former vice-president’s disposal.

‘I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it,’ he said.

‘I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.

‘Today I am glad to endorse him – and I will work to make him the next President of the United States.’

Democrats are also urging Elizabeth Warren to drop out after further pulling votes from frontrunners Biden and Bernie Sanders without winning any states – including her home of Massachusetts.

She was reported by NBC News to he holding talks with aides about ‘the path forward,’ suggesting that she too is on the brink.

And in yet another blow to Warren early Wednesday morning, Biden was declared winner in Maine, the last of the 14 Super Tuesday states to declare – and Warren did not even get the 15 per cent threshold to pick up delegates there.

In the White House Donald Trump took time out of the coronavirus crisis to send a string of mocking tweets about his richer would-be rival and notably about Bloomberg’s campaign aide Tim O’Brien. Trump had tried and failed to sue O’Brien for libel for writing in 2006 that he was not a real billionaire.

Bloomberg had been a late bloomer to the race.

Seeing the relative weakness of frontrunner Biden, and after first saying he would not run for the White House in 2020 the billionaire decided to jump in after all around Thanksgiving.

Out: Mike Bloomberg quit the race hours after a drubbing, saying: 'After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists.'

Out: Mike Bloomberg quit the race hours after a drubbing, saying: ‘After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists.’

Still not out: Elizabeth Warren - who lost her home state of Massachusetts to both Joe Biden and Bernie Sanders Tuesday night

 

 

 

I’M ALL IN FOR JOE – HOW BLOOMBERG QUIT

This is Bloomberg’s statement as he left the race  

Three months ago, I entered the race for President to defeat Donald Trump. 

Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult.

I’m a believer in using data to inform decisions. After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists. 

But I remain clear-eyed about my overriding objective: victory in November. 

Not for me, but for our country. And so while I will not be the nominee, I will not walk away from the most important political fight of my life. 

I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. 

After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden. 

I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs. 

I’ve had the chance to work with Joe on those issues over the years, and Joe has fought for working people his whole life. 

Today I am glad to endorse him – and I will work to make him the next President of the United States. 

Like another former New York City Mayor, Rudy Giuliani, who ran for the White House in 2008, Bloomberg decided to skip the first states that held primaries – Iowa, New Hampshire, Nevada and South Carolina.

But a change in the Democratic National Committee rules allowed for Bloomberg to still make the Las Vegas debate stage last month.

It was the first time for American voters to see Bloomberg the candidate outside the flurry of television ads his hundreds of millions had bought.

And while the expectation was for Sanders, a democratic socialist, to push back on Bloomberg being there, within the first 10 minutes Warren brought up some of the alleged sexist behavior from the ex-mayor’s past.

‘I’d like to talk about who we’re running against: A billionaire who calls women ‘fat broads’ and ‘horse-faced lesbians.’ And no, I’m not talking about Donald Trump. I’m talking about Mayor Bloomberg,’ Warren said. ‘Democrats are not going to win if we have a nominee who has a history of hiding his tax returns, of harassing women, and of supporting racist policies like redlining and stop and frisk.’

Warren’s debate performance was the beginning of the end.

The results of the single-biggest primary contest night essentially narrowed the field to a two-horse race with Biden edging Sanders.

On Super Tuesday, 14 states and the U.S. territory of American Samoa voted, and Bloomberg only walked away with a win in Samoa – where six delegates were up for grabs.

Every other state was won by either the former vice president or senator from Vermont.

The scale of Biden’s comeback is not in doubt – and neither is Sanders’ ability to keep going, possibly even to the convention in Milwaukee in July.

Biden began by winning state after state, and appeared to stumble when California went to Sanders just after the polls closed there at 8pm – 11pm Eastern.

For the two frontrunners, Sanders’ win in California initially threatened to upend the narrative of the night being a sensational comeback for Biden.

However, the state may yet deliver the kind of resounding win or delegate haul for Sanders that had been forecast.

Sanders had a strong lead, with 87 per cent of the vote in, Biden was running nearly 9 points ahead, and the Vermont senator had garnered over a million votes. In California, Bloomberg also slipped below the 15 per cent threshold he would need to hit in order to collect delegates.

There was a dramatic race playing out through the night in Texas, the night’s second biggest prize. Biden opened up a lead over Sanders early Wednesday morning.

By the time the race was called around 2 am, he was leading Sanders by 50,000 votes, with 89 per cent reporting. Biden was at 33 percent, Sanders was at 30 per cent, and Bloomberg was at 15 per cent – just enough to earn delegates.

As votes continued to come in Wednesday morning, Bloomberg had slipped below that 15 per cent.

There were long lines in Harris County, home to Houston, where Biden was running up strong margins. As in southern states, Biden was running up big margins with the state’s African American voters, but Sanders heavily targeted Latino voters in the state. Biden’s margin, however was bigger.

Some voters were online for six hours, in a state that had pared back polling locations. Biden cleaned up among those who decided who to back late – winning the group 49 to 20 per cent in the state.

Virginia Gov. Terry McAuliffe called it ‘astounding,’ noting that Biden didn’t spend ‘a penny’ there, speaking on CNN.

Biden staged a dramatic rally in Dallas Monday where he secured endorsements from former presidential rivals Amy Klobuchar and Beto O’Rourke. Earlier Monday, Pete Buttigieg had also endorsed the former vice president.

O’Rourke later took Biden out to a Whataburger, a regional chain, for a milkshake.

Across the map there were signs of Biden’s sudden revival.

Biden dealt a humiliating blow to Warren in her home state of Massachusetts – snagging at least 28 delegates out of the state and beating her in her backyard. She vowed to stay in the race all the way to the conventions even as more centrist candidates flocked to 77-year-old former vice president.

He also denied the prize to Sanders, who hails from a neighboring state.

Bloomberg was born there, and had actor Michael Douglas stumping for him in Boston.

But the region where he dominated was the south, with wins stretching from Virginia to Tennessee, Arkansas, Alabama, North Carolina, and Oklahoma. Biden scored a surprise win in Minnesota.

Warren, hosting a rally in downtown Detroit, called herself ‘the woman who’s going to beat Donald Trump.’

The final details of delegate distribution were yet to be determined as the night wore on. But Biden’s overwhelming performance, and the collapse of Bloomberg and Warren, immediately reset the race, with the prospect that Sanders and his political ‘revolution’ would be up against a long slog against the Demoratic establishment-backed candidate as he was against Hillary Clinton in 2016.

Biden rushed to win after win early in the night, with Virginia, North Carolina and Alabama falling in rapid succession.

He took Minnesota without spending a dime on advertising and despite being third in the polls until Amy Klobuchar dropped out on Sunday. She endorsed Biden on Monday.

‘Prediction has been a terrible business and pundits have gotten it wrong over and over,’ she said. ‘Here’s my advice. Cast a vote that will make you proud.’

Then Sanders took some western wins in Utah and Colorado and snared the biggest state of all.

Bernie Sanders seized a victory in California in the last act of a dramatic Super Tuesday which saw Joe Biden win state after state in landslides across the nation – only for his rival to take the biggest prize of all

Bernie Sanders seized a victory in California in the last act of a dramatic Super Tuesday which saw Joe Biden win state after state in landslides across the nation – only for his rival to take the biggest prize of all

Biden rushed to win after win early in the night, with Virginia, North Carolina and Alabama falling in rapid succession. He took Minnesota without spending a dime on advertising and despite being third in the polls until Amy Klobuchar dropped out on Sunday

As Biden raced to a series of state victories, Mike Bloomberg's campaign said he plans to 'reassess' whether he should stay in the race tomorrow. His aides said his campaign chiefs were considering their next move. Dropping out would hand a huge victory to Biden and also the potential for Bloomberg's almost unlimited resources to be thrown behind him immediately

s Biden raced to a series of state victories, Mike Bloomberg’s campaign said he plans to ‘reassess’ whether he should stay in the race tomorrow. His aides said his campaign chiefs were considering their next move. Dropping out would hand a huge victory to Biden and also the potential for Bloomberg’s almost unlimited resources to be thrown behind him immediately

TRUMP ROASTS HIS RIVALS AND TOASTS HIS OWN SUCCESS

Donald Trump skewered his critics while toasting his own successes on Twitter as results rolled in from Super Tuesday ballots across the country.

The President reserved most of his ire for ‘Mini’ Mike Bloomberg and Elizabeth ‘Pocahontas’ Warren, who both had poor showings in the polls.

Hitting out at fellow New York billionaire Bloomberg, Trump branded him ‘the biggest loser of the night, by far’.

‘His ‘political’ consultants took him for a ride,’ Trump tweeted.

‘$700 million washed down the drain, and he got nothing for it but the nickname Mini Mike, and the complete destruction of his reputation. Way to go Mike!’

Trump also took aim at Warren after she failed to win her home state of Massachusetts, landing her a distant third in the delegate stakes.

‘Elizabeth ‘Pocahontas’ Warren, other than Mini Mike, was the loser of the night. She didn’t even come close to winning her home state of Massachusetts,’ he wrote.

While Trump made sure to put down his rivals, he donated most of his energy to cheering his own successes – albeit while facing token opposition.

As each win rolled in he tweeted out a message of thanks to his supporters, while vowing to retake the presidency in November.

In Los Angeles, before California was called for Sanders, Biden took to the stage and cast himself the victor, regardless if Sanders took both California and Texas.

First, he mixed up his wife Jill and sister Valerie, a characteristic gaffe which has clearly done nothing to put off Democratic voters.

Biden declared: ‘It’s a great night and it seems to be getting even better. They don’t call it Super Tuesday for nothing!’

The former vice president recalled how just days ago the suggestion was that Super Tuesday would mark the end of his campaign.

‘Well it may be over for the other guy,’ Biden said, a clear shot at Sanders.

Energized, coherent and not put off even by two militant vegan protesters who ran onto the stage to protest against the dairy industry, he painted himself as the one Democrat who can take on Trump.

‘A lifelong Democrat, an Obama-Biden Democrat,’ he said to cheers – a pointed way to contrast himself to Sanders, who is an independent senator.

Jill Biden was captured in a photograph grabbing the protester by the arm and grimacing.  Symone Sanders, Sanders’ former press secretary who’s not a top Biden adviser, had rushed across the stage to pull a protester off.

It was a return in part to the early days of the race, when Biden held a strong polling lead before the first states voted and caucused. With Sanders on the rise days ago and party leaders warning the democratic socialist could seize the nomination Tuesday, forces coalesced around Biden in South Carolina.

A key factor was the endorsement there of James C. Clyburn, the state’s most senior African American elected official.

In Vermont, Sanders pinned his hopes on California, pivoting to a victory speech and a string of attacks on Biden.

‘Tonight I tell you with absolute confidence we are going to win the Democratic nomination,’ he said.

The path to the nomination in Milwaukee now runs through a mini-Super Tuesday on March 10, when Missouri, Michigan, Washington and Mississippi vote.

Sanders had appeared to be ahead in Michigan but Biden’s upset in Minnesota is likely to weigh heavily there, and the combined demographic of African-Americans and disaffected blue collar voters could play to Biden’s strengths.

The following Tuesday, March 17, offers another selection of massive delegate counts when Florida, Illinois and Ohio all vote, along with Arizona.

The following week, March 24, sees Georgia vote, which Biden’s southern firewall should make a surefire victory.

For Sanders, the loss of momentum from a rocky Super Tuesday could be critical.

In 2016 he stayed in by rallying his base and railing against an ‘establishment’ determined not to give him the nomination and to install an ‘inevitable’ candidate in Hillary Clinton.

That may be more difficult as he faces in Biden an opponent whose comeback narrative offers him some of the advantages of the underdog, and whose narrative of empathy and standing up for those who were left behind overlaps with Sanders’ more radical rhetoric.

The string of endorsements Biden has garnered in the last few days from centrist party figures, including three of his former rivals, have been crucial in driving momentum.

In Los Angeles, before California was called for Sanders', Biden took to the stage and cast himself the victor, regardless if Sanders took California and Texas

Energized, coherent and not put off even by two militant vegan protesters (pictured) who ran onto the stage to protest against the dairy industry, Biden painted himself as the one Democrat who can take on Trump

Energized, coherent and not put off even by two militant vegan protesters (pictured) who ran onto the stage to protest against the dairy industry, Biden painted himself as the one Democrat who can take on Trump

Biden's early lead caused a dramatic shift and left Sanders, until last week the frontrunner, clinging to the hope of doing well in California before polls closed in the nation's most populous state. Shortly after polls in California closed, he was named the winner

Biden's campaign had suggested that the key to Super Tuesday was to minimize Sanders' lead and a Virginia victory appeared to put them on the path to that goal. The sign of momentum for the former vice president came as he saw a boost in last-minute opinion polls despite having trailed Sanders in recent weeks

WARREN LOSES HER HOME STATE

Elizabeth Warren’s campaign for president fell flat on Super Tuesday as she was unable to win even her home state of Massachusetts.

Warren lost to both Joe Biden – whose South Carolina win Saturday night restored his frontrunner status – and Bernie Sanders, who represents neighboring state Vermont. Warren was in third place with 22 per cent of the vote with 70 per cent of the votes counted.

‘Predictions are a terrible business. Pundits have gotten it wrong over and over,’ Warren told the Michigan crowd. ‘Cast a vote that will make you proud. Vote from your heart. And vote for the person who you think will make the best president of the United States.’

During her final rally in California Monday night, Warren dismissed the surging Biden as a same-old, same-old Washington politician.

Sanders supporters cheer as they hear election results during a party held at Central Machine Works Brewery in Austin, Texas

Sanders supporters cheer as they hear election results during a watch party held at Central Machine Works Brewery in Austin, Texas - a state he eventually lost to Biden

Supporters of Bernie Sanders look over Super Tuesday election results at a campaign center in Denver, Colorado

Supporters of Democratic Presidential hopeful Massachusetts Senator Elizabeth Warren attend a rally in Detroit

Tulsi Gabbard, a congresswoman from Hawaii, remains in the race though has only campaigned sporadically. She did make a pitch to voters in American Samoa, where she was born, to vote for her Tuesday

Tulsi Gabbard, a congresswoman from Hawaii, remains in the race though has only campaigned sporadically. She did make a pitch to voters in American Samoa, where she was born, to vote for her Tuesday

People wait to vote during the presidential primary in Santa Monica, California on Super Tuesday

People wait to vote during the presidential primary in Santa Monica, California on Super Tuesday

Voters cast their ballots in the Democratic presidential primary election at a polling place in Armstrong Elementary School o in Herndon, Virginia

Rochelle Marks, 77, votes at a polling station on Super Tuesday in Beverly Hills, California

People line up to vote at a polling station on Super Tuesday in Beverly Hills, California

Students at the University of Vermont Franklin fill out voter registration forms at a polling place on Super Tuesday in Burlington, Vermont. At the close of the polls on Tuesday night, Sanders won his home state

Students at the University of Vermont Franklin fill out voter registration forms at a polling place on Super Tuesday in Burlington, Vermont. At the close of the polls on Tuesday night, Sanders won his home state

Voters cast their ballots at a polling location inside an elementary school in Minneapolis, Minnesota

Those included former Senate Democratic Leader Harry Reid, former Virginia Gov. Terry McAuliffe, Rep. Veronica Escobar of Texas, Sen. Tammy Duckworth of Illinois, Rep. Don Beyer of Virginia, Rep. Debbie Wasserman Schultz of Florida, former Sen. Barbara Boxer of California and Rep. Jennifer Wexton of Virginia, among others.

Now Biden will have Bloomberg out of his way in order to capture more moderate voters – and Bloomberg’s commitment to help him remove Trump from office.

President Trump, for his part, touted his string of Republican primary victories Tuesday night, tweeting his thanks after state after state was called in his favor.

The president only had token competition – former Massachusetts Gov. Bill Weld – in the Super Tuesday contests and one state, Virginia, canceled its GOP primary as Trump, like most incumbent presidents, is easily expected to win his party’s nomination.

Trump has played armchair pundit on Twitter as he’s watched the shake-up on the Democratic side.

‘Elizabeth “Pocahontas” Warren, other than Mini Mike, was the loser of the night. She didn’t even come close to winning her home state of Massachusetts. Well, now she can just sit back with her husband and have a nice cold beer!’ Trump tweeted early Wednesday.

The president relished the news that Bloomberg had bowed out.

‘Mini Mike Bloomberg just “quit” the race for President. I could have told him long ago that he didn’t have what it takes, and he would have saved himself a billion dollars, the real cost,’ Trump wrote. ‘Now he will pour money into Sleepy Joe’s campaign, hoping to save face.’

‘It won’t work!’ Trump said.

Biden talks with actor and comedian Keegan-Michael Key as he campaigns before his evening rally on Super Tuesday in LA

Meanwhile Bernie Sanders, who was earning frontrunner status, spoke to thousands at his rallies in Super Tuesday states including one Monday night in Minneapolis. With Amy Klobuchar out, her state is up for grabs

On Monday night at a really in Los Angeles Warren pitched herself as the candidate who could split the difference between Biden and Sanders. 'Voters deserve a choice of someone with unshakeable values who can also get things done and bring all kinds of Democrats along with her,' she argued

Voters from 14 states head to the polls on 'Super Tuesday,' with about a third of Democratic delegates at stake in a single day

WHO ARE THE 4 DEMOCRATS RUNNING FOR PRESIDENT IN 2020?

 

JOE BIDEN

Age on Inauguration Day 2021: 78

Entered race: April 25, 2019

Career: No current role. A University of Delaware and Syracuse Law graduate, he was first elected to Newcastle City Council in 1969, then won upset election to Senate in 1972, aged 29. Was talked out of quitting before being sworn in when his wife and daughter died in a car crash and served total of six terms. Chaired Judiciary Committee’s notorious Clarence Thomas confirmation hearings. Ran for president in 1988, pulled out after plagiarism scandal, ran again in 2008, withdrew after placing fifth in the Iowa Caucuses. Tapped by Obama as his running mate and served two terms as vice president. Contemplated third run in 2016 but decided against it after his son died of brain cancer.

Family: Eldest of four siblings born to Joe Biden Sr. and Catherine Finnegan. First wife Neilia Hunter and their one-year-old daughter Naomi died in car crash which their two sons, Joseph ‘Beau’ and Robert Hunter survived. Married Jill Jacobs in 1976, with whom he has daughter Ashley. Beau died of brain cancer in 2015. Hunter’s marriage to Kathleen Buhle, with whom he has three children, ended in 2016 when it emerged Hunter was in a relationship with Beau’s widow Hallie, mother of their two children. Hunter admitted cocaine use; his estranged wife accused him of blowing their savings on drugs and prostitutes

Religion: Catholic

Views on key issues: Ultra-moderate who will emphasize bipartisan record. Will come under fire over record, having voted: to stop desegregation bussing in 1975; to overturn Roe v Wade in 1981; for now controversial 1994 Violent Crime Act; for 2003 Iraq War; and for banking deregulation. Says he is ‘most progressive’ Democrat. New positions include free college, tax reform, $15 minimum wage. No public position yet on Green New Deal and healthcare. Pro-gun control. Has already apologized to women who say he touched them inappropriately

Would make history as: Oldest person elected president

Slogan: Our Best Days Still Lie Ahead

 

TULSI GABBARD

Age on Inauguration Day: 39

Entered race: Still to formally file any papers but said she would run on January 11 2019

Career: Currently Hawaii congresswoman. Born on American Samoa, a territory. Raised largely in Hawaii, she co-founded an environmental non-profit with her father as a teenager and was elected to the State Legislature aged 21, its youngest member in history. Enlisted in the National Guard and served two tours, one in Iraq 2004-2006, then as an officer in Kuwait in 2009. Ran for Honolulu City Council in 2011, and House of Representatives in 2012

Family: Married to her second husband, Abraham Williams, a cinematographer since 2015. First marriage to childhood sweetheart Eduardo Tamayo in 2002 ended in 2006. Father Mike Gabbard is a Democratic Hawaii state senator, mother Carol Porter runs a non-profit.

Religion: Hindu

Views on key issues: Has apologized for anti-abortion and anti-gay marriage views; wants marijuana federally legalized; opposed to most U.S. foreign interventions; backs $15 minimum wage and universal health care; was the second elected Democrat to meet Trump after his 2016 victory

Would make history as: First female, Hindu and Samoan-American president; youngest president ever

Slogan: Lead with Love 

 

BERNIE SANDERS

Age on Inauguration Day: 79

Entered race: Sources said on January 25, 2019, that he would form exploratory committee. Officially announced February 19

Career: Currently Vermont senator. Student civil rights and anti-Vietnam activist who moved to Vermont and worked as a carpenter and radical film-maker. Serial failed political candidate in the 1970s, he ran as a socialist for mayor of Burlington in 1980 and served two terms ending in 1989, and win a seat in Congress as an independent in 1990. Ran for Senate in 2006 elections as an independent with Democratic endorsement and won third term in 2018. Challenged Hillary Clinton for the Democratic nomination in 2016 but lost. Campaign has since been hit by allegations of sexual harassment  – for which he has apologized – and criticized for its ‘Bernie bro’ culture

Family: Born to a Jewish immigrant father and the daughter of Jewish immigrant parents in Brooklyn, New York. First marriage to college sweetheart Deborah Shiling Messing in 1964 ended in divorce in 1966; had son Levi in 1969 with then girlfriend Susan Cambell Mott. Married Jone O’Meara in 1988 and considers her three children, all adults, his own. The couple have seven grandchildren. His older brother Larry is a former Green Party councilor in Oxfordshire, England. 

Religion: Secular Jewish 

Views on key issues: Openly socialist and standard bearer for the Democratic party’s left-turn. Wants federal $15 minimum wage; banks broken up; union membership encouraged; free college tuition; universal health care; re-distributive taxation; he opposed Iraq War and also U.S. leading the fight against ISIS and wants troops largely out of Afghanistan and the Middle East

Would make history as: Oldest person elected president; first Jewish president

Slogan: Not me. Us.

ELIZABETH WARREN

Age on Inauguration Day: 71

Entered race:  Set up exploratory committee December 31, 2018

Career: Currently Massachusetts senator. Law lecturer and academic who became an expert on bankruptcy law and tenured Harvard professor. Ran for Senate and won in 2012, defeating sitting Republican Scott Brown, held it in 2018 60% to 36%. Was short-listed to be Hillary’s running mate and campaigned hard for her in 2016

Family: Twice-married mother of two and grandmother of three. First husband and father of her children was her high-school sweetheart. Second husband Bruce Mann is Harvard law professor. Daughter Amelia Tyagi and son Alex Warren have both been involved in her campaigns. Has controversially claimed Native American roots; DNA test suggested she is as little as 1,064th Native American

Religion: Raised Methodist, now described as Christian with no fixed church

Views on key issues: Was a registered Republican who voted for the party but registered as a Democrat in 1996. Pro: higher taxes on rich; banking regulation; Dream Act path to citizenship for ‘dreamers’; abortion and gay rights; campaign finance restrictions; and expansion of public provision of healthcare – although still to spell out exactly how that would happen. Against: U.S. presence in Afghanistan and Syria; liberalization of gambling

Would make history as: First female president 

Slogan: Warren Has A Plan For That

https://www.dailymail.co.uk/news/article-8074295/Democrats-tell-Mike-Bloomberg-Elizabeth-Warren-quit-Joe-Bidens-dramatic-comeback.html

 

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You can also keep up with CDC updates on Coronavirus Disease 2019 by signing up for email updatessyndicating available content, and subscribing to Coronavirus Disease 2019 RSS Feed.

 

https://www.cdc.gov/coronavirus/2019-ncov/whats-new-all.html

 

10 Things to Know About CORONAVIRUS COVID-19 + TOP 3 SOURCES to Follow—For

Family & Friends

These are the 10 things you MUST KNOW about CORONAVIRUS COVID-19 to keep your family safe. The video also explains why you should take this outbreak seriously and where to go for CREDIBLE INFORMATION to help you stay ahead of the news curve.

1) Coronavirus Covid-19 is not the flu, it’s not SARS, and it’s not MERS. It’s a completely new virus.

2) Coronavirus Covid-19 is 20x deadlier than the flu.

3) Although 81% of people experience mild symptoms, Coronavirus Covid-19 has a high complication rate.

4) If you contract the virus and you’re older, your chances of dying are higher. But young people in their 20’s and 30’s have died too, so don’t be complacent.

5) Coronavirus Covid-19 can have a very long incubation period, and it spreads asymptomatically.

6) Coronavirus Covid-19 spreads via droplets in the air and AEROSOL!

7) The R0 factor of this virus is incredibly high.

8) There have been reports out of Asia of people getting Covid-19 again, so recovering once does not guarantee immunity afterward.

9) In the United States, we are in the early part of the curve, where it looks like nothing much is happening.

10) Vaccines are not yet available and probably won’t be for 6-18 months, no matter what you read in the headlines.

*****3 TO FOLLOW***** Chris Martenson, Peak Prosperity: https://www.youtube.com/watch?v=QVQC1…

Dr. Roger Seheult, MedCram: https://www.youtube.com/watch?v=quDYb…

Dr. John Campbell, Retired: https://www.youtube.com/watch?v=cmIRM…

*****SOURCES***** Lessons from the Coronavirus outbreak in China 2019: https://jamanetwork.com/journals/jama…

Age of Coronavirus deaths: https://www.worldometers.info/coronav…

Outbreak country charts: https://www.zerohedge.com/geopolitica…

Why some Covid-19 cases are worse than others: https://www.the-scientist.com/news-op…

Too early to compare Coronavirus to Flu: https://www.pbs.org/newshour/health/w…

Covid-19 Coronavirus reinfection in Japan raises questions:

https://www.japantimes.co.jp/news/202… #coronavirus #covid19

 

 

WHO says coronavirus death rate is 3.4% globally, higher than previously thought

  • World health officials say the mortality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%.
  • “Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva.

World health officials said Tuesday the mortality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%.

“Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva. In comparison, seasonal flu generally kills far fewer than 1% of those infected, he said.

The World Health Organization had said last week that the mortality rate of COVID-19 can differ, ranging from 0.7% to up to 4%, depending on the quality of the health-care system where it’s treated. Early in the outbreak, scientists had concluded the death rate was around 2.3%.

During a press briefing Monday, WHO officials said they don’t know how COVID-19 behaves, saying it’s not like influenza. They added that while much is known about the seasonal flu, such as how it’s transmitted and what treatments work to suppress the disease, that same information is still in question when it comes to the coronavirus.

“This is a unique virus, with unique features. This virus is not influenza,” Tedros said Monday. “We are in uncharted territory.”

Dr. Mike Ryan, executive director of WHO’s health emergencies program, said Monday that the coronavirus isn’t transmitting the same exact way as the flu and health officials have been given a “glimmer, a chink of light” that the virus could be contained. 

“Here we have a disease for which we have no vaccine, no treatment, we don’t fully understand transmission, we don’t fully understand case mortality, but what we have been genuinely heartened by is that unlike influenza, where countries have fought back, where they’ve put in place strong measures, we’ve remarkably seen that the virus is suppressed,” Ryan said.

Do face masks work? Medical experts explain how to protect yourself from coronavirus

KEY POINTS
  • Epidemiologists and infectious disease experts have been at pains to emphasize against an unwarranted scramble for face masks in recent weeks.
  • South Korea, Italy and Iran have all recorded sharp upticks in cases of the coronavirus in recent days, with many other countries imposing travel restrictions on virus-hit areas worldwide.
  • Infections have now been reported in every continent except Antarctica.

GP: CHINA-HEALTH-VIRUS - 106419119 200203 EU

This photo taken on February 28, 2020 shows workers producing face masks at a factory in Handan in China’s northern Hebei province.
STR | AFP via Getty Images

Medical experts have urged people to stop panic buying face masks, warning that such equipment is not an effective way to protect yourself from the fast-spreading coronavirus.

The advice comes at a time of intensifying concern about COVID-19, which has killed more than 3,000 people worldwide since late last year.

The outbreak was first identified in Hubei province, China, where over 90% of the deaths have been reported. More recently, the virus has been spreading at a faster rate outside China than inside the country.

VIDEO02:38
Face mask shortage sparks global race to fulfill orders

The WHO has declared the outbreak a global health emergency, with almost 60 countries reporting cases of the coronavirus.

Epidemiologists and infectious disease experts have been at pains to emphasize against an unwarranted scramble for face masks in recent weeks, particularly because such hoarding behavior elevates the prospect of an equipment shortage for medical workers.

“Seriously people — STOP BUYING MASKS!” U.S. Surgeon General Jerome Adams said via Twitter over the weekend.

“They are NOT effective in preventing general public from catching coronavirus, but if healthcare providers can’t get them to care for sick patients, it puts them and our communities at risk!”

U.S. Surgeon General

@Surgeon_General

Seriously people- STOP BUYING MASKS!

They are NOT effective in preventing general public from catching , but if healthcare providers can’t get them to care for sick patients, it puts them and our communities at risk!
http://bit.ly/37Ay6Cm 

Coronavirus Disease 2019 (COVID-19)

Coronavirus disease 2019 (COVID-19) is a virus (more specifically, a coronavirus) identified as the cause of an outbreak of respiratory illness first detected in Wuhan, China.

cdc.gov

47.8K people are talking about this

The warning from America’s top doctor is consistent with medical advice from the U.S. Centers for Disease Control and Prevention, which has said there is no evidence to support wearing face masks.

Instead, Adams said “the best way to protect yourself and your community is with everyday preventative actions, like staying home when you are sick and washing hands with soap and water, to help slow the spread of the respiratory illness.”

‘Not a lot of evidence’ to support wearing face masks

It has been suggested wearing face masks could be useful if you’re sick in order to prevent you from sneezing or coughing into somebody’s face, David Heymann, who led WHO’s infectious disease unit at the time of the SARS epidemic in 2002-2003, said at a Chatham House press briefing last month.

But, “a mask that is used to stop getting an infection is sometimes not very effective because people take it off to eat, many times they are worn improperly (and) if they get wet and somebody sneezes on that mask it could pass through.

So, there is really not a lot of evidence (to support wearing masks).”

GP: THAILAND-CHINA-HEALTH-VIRUS 200204 EU
Children with face masks wash their hands before prayer at Erawan shrine, a popular spritual landmark in Bangkok on January 27, 2020.
MLADEN ANTONOV | AFP via Getty Images

“One of the most important ways of stopping respiratory outbreaks such as this is washing hands,” Heymann continued.

That’s because “if you touch a patient, if you shake hands, if you touch a door that has a droplet on it — which could theoretically happen — then you touch your face (or) your mouth and you become infected.”

“So, handwashing is the most important. And second is, people who are suspected as being patients, be very careful when you are dealing with them. Avoid face-to-face contact and wash hands when you’re treating,” Heymann said.

“It is very important that people understand that they can prevent themselves from being infected if they follow a few simple measures,” he added.

‘Don’t touch your face’

South Korea, Italy and Iran have all recorded sharp upticks in cases of the coronavirus in recent days, with many other countries imposing travel restrictions on virus-hit areas worldwide.

Infections have now been reported in every continent except Antarctica.

Emily Landon, medical director for infection control at the University of Chicago Medical Center, told CNBC late last week that face masks were “not a great choice” for everyday use.

“First of all, there are multiple different kind of face masks. There is the surgical mask that people wear that doesn’t really seal up very well. That’s super good if you put it on the patient who’s sick because that will contain their secretions and protect everyone around them.”

“However, if you are the one who wants to protect yourself, those N95 masks … are much better,” Landon said.

Face masks should be worn by people who show symptoms: University of Chicago Medical Director
“You need to be fit-tested in order to know exactly which size you should be wearing, you have to be trained on how to wear it properly and they can get pretty uncomfortable, so they are not a great choice for just going out in the public,” she continued.

“Keeping your hands clean so that you don’t touch your face no matter what things you are touching with your hands is a really important piece of preventing infection in hospitals, in schools and everywhere you go.”

“Soap and water works really well. It can dry your hands out a little bit more but when you do it, you want to do it right. That means getting your hands wet with warm water, cleaning them, getting all of the surfaces with soap for 20 seconds — that’s a full time through ‘Happy Birthday’ — and then also rinsing them off afterwards,” Landon said.

https://www.cnbc.com/2020/03/02/coronavirus-do-face-masks-work-and-how-to-stop-it-from-spreading.html?recirc=taboolainternal

Story 4: Federal Reserve Cuts Target Federal Fund Rate By 50 Basis Points or .5% To 1.00% to 1.25% — Return of Easy Monetary Policy — Bubble Blowing — Is Quantitative Easing or Money Printing Next? — Absolutely — Videos

See the source image

Federal Reserve cuts interest rates to combat coronavirus

Federal Reserve’s rate cut was a ‘disaster’: Expert

Fed Will Cut Rates 50 Basis Points Next Meeting, Strategist Orlando Predicts

The Fed’s gonna need a bigger rate cut – Ep 540

What Happens When the Fed Lowers Interest Rates

PBS NewsHour 9pm live episode, Mar 3, 2020

BlackRock’s Mike Pyle outlines three big uncertainties in the markets because of coronavirus

Story 5: United States Stock Market Corrected for Bubble Prices —  Stock Market Prices Surge Fueled by Easy Money Policy of Federal Reserve and Biden Victory on Super Tuesday — Videos

Stockman Warns: Coronavirus Will Crash Stock Market, ‘The Jig Is Up’

Hannity: Dems, media mob will do anything to stop President Trump

Dow soars more than 1,100 points as market rallies off Biden win, UnitedHealth pops 10%

https://www.cnbc.com/2020/03/03/dow-futures-show-300-point-pop-as-early-super-tuesday-results-favor.html

 

 

Trump Job Approval Relapses Amid Coronavirus Threat: IBD/TIPP Poll

Impeachment couldn’t stop President Donald Trump’s job approval from rising, but the coronavirus might. As Americans’ near-term view of the economy soured in February, amid worry over the coronavirus and a Dow Jones correction, Trump’s job approval rating relapsed.

President Trump Job Approval

Just 41% of Americans approve of how President Trump is handling his job, while 54% disapprove, the March IBD/TIPP Poll finds. That negative 13-point differential has nearly doubled in the past month. In late January, Trump’s job approval registered 44% and disapproval 51%.

Now just 37% of independents give Trump positive reviews, while 57% disapprove. That’s down from 39%-53% in late January.

Trump Job Approval Slumps With Economic Outlook

The drop in Trump’s job approval coincides with a sudden shift in the economic outlook. The U.S. economic outlook just suffered its biggest one-month drop since October 2013 amid spread of the coronavirus, the March IBD/TIPP Poll finds.

The six-month economic outlook index fell to a modestly pessimistic 47.8 from a strongly optimistic 57. Readings above the neutral 50 level reflect optimism.

Trump continues to get positive ratings for his handling of the economy, with 47% approving and 35% disapproving. Still, that’s a big comedown from late January. Back then, 53% of Americans rated his handling of the U.S. economy as good or excellent, while just 28% give him a negative rating.

Trump Slips In Matchups Vs. Democrats

Joe Biden leads Trump 49% to 46%, the March IBD/TIPP Poll finds, after Trump had cut the margin to 49%-48% in late January.

Sanders now leads Trump 49% to 47%, having trailed 47%-49% a month earlier. Warren leads Trump 48% to 46%, a reversal of her 46%-50% deficit.

Still, a narrow popular vote edge would not necessarily translate into an Electoral College victory for Democrats.

Trump leads all Democrats among self-described investors, with a four-point lead over Biden. He leads Sanders by seven points.

The IBD/TIPP Poll reflects responses from 908 adults contacted via mobile phones and landlines from Feb. 20-29 and carries a 3.3-point margin of error.

Please follow Jed Graham on Twitter at @IBD_JGraham for coverage of economic policy and financial markets.

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https://www.investors.com/politics/trump-job-approval-relapses-amid-coronavirus-threat-ibd-tipp-poll/

Story 1: President Trump Wins All 14 States and Over 740 Delegates On Super Tuesday and Has Total Delegates of 859 With 1,276 Delegates Needed To Win Republican Nomination for President — Videos

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The Pronk Pops Show 1405, February 28, 2020, Story 1: Progressive Propaganda Pandemic Panics People — Seven Straight Days of Stocks Prices Plunging — Selling Out Portfolio Positions — Videos — Story 2: COVID-19 Communist Chinese Coughing Contained? — Going Global — Mask and Testing Kit Supply Shortage Short-Term — Propagating Pandemic Panic — Videos — Story 3: President Trump Answers Press Questions on Way To Helicopter — Order Medical Supplies — Videos

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Stock market index

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A comparison of three major U.S. stock indices: the NASDAQ CompositeDow Jones Industrial Average, and S&P 500 Index. All three have the same height at March 2000. The NASDAQ spiked during the dot-com bubble in the late 1990s, a result of the large number of technology companies on that index.

stock index or stock market index is an index that measures a stock market, or a subset of the stock market, that helps investors compare current price levels with past prices to calculate market performance.[1] It is computed from the prices of selected stocks (typically a weighted arithmetic mean).

Two of the primary criteria of an index are that it is investable and transparent:[2] The method of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and “track” an index. The difference between an index fund’s performance and the index, if any, is called tracking error. For a list of major stock market indices, see List of stock market indices.

Types of indices

Stock market indices may be classified in many ways. A ‘world’ or ‘global’ stock market index — such as the MSCI World or the S&P Global 100 — includes stocks from multiple regions. Regions may be defined geographically (e.g., Europe, Asia) or by levels of industrialization or income (e.g., Developed Markets, Frontier Markets).

A ‘national’ index represents the performance of the stock market of a given nation—and by proxy, reflects investor sentiment on the state of its economy. The most regularly quoted market indices are national indices composed of the stocks of large companies listed on a nation’s largest stock exchanges, such as the S&P 500 Index in the United States, the Nikkei 225 in Japan, the NIFTY 50 in India, and the FTSE 100 in the United Kingdom.

Many indices are regional, such as the FTSE Developed Europe Index or the FTSE Developed Asia Pacific Index. Indexes may be based on exchange, such as the NASDAQ-100 or groups of exchanges, such as the Euronext 100 or OMX Nordic 40.

The concept may be extended well beyond an exchange. The Wilshire 5000 Index, the original total market index, includes the stocks of nearly every public company in the United States, including all U.S. stocks traded on the New York Stock Exchange (but not ADRs or limited partnerships), NASDAQ and American Stock Exchange. The FTSE Global Equity Index Series includes over 16,000 companies.[3]

Indices exist that track the performance of specific sectors of the market. Some examples include the Wilshire US REIT Index which tracks more than 80 real estate investment trusts and the NASDAQ Biotechnology Index which consists of approximately 200 firms in the biotechnology industry. Other indices may track companies of a certain size, a certain type of management, or more specialized criteria such as in fundamentally based indexes.

Ethical stock market indices

Several indices are based on ethical investing, and include only companies that meet certain ecological or social criteria, such as the Calvert Social IndexDomini 400 Social IndexFTSE4Good IndexDow Jones Sustainability Index, STOXX Global ESG Leaders Index, several Standard Ethics Aei indices, and the Wilderhill Clean Energy Index.[4]

In 2010, the Organisation of Islamic Cooperation announced the initiation of a stock index that complies with Sharia‘s ban on alcohol, tobacco and gambling.[5]

Strict mechanical criteria for inclusion and exclusion exist to prevent market domination, such as in Canada when Nortel was permitted to rise to over 30% of the TSE 300 index value.

Ethical indices have a particular interest in mechanical criteria, seeking to avoid accusations of ideological bias in selection, and have pioneered techniques for inclusion and exclusion of stocks based on complex criteria.

Another means of mechanical selection is mark-to-future methods that exploit scenarios produced by multiple analysts weighted according to probability, to determine which stocks have become too risky to hold in the index of concern.

Critics of such initiatives argue that many firms satisfy mechanical “ethical criteria”, e.g. regarding board composition or hiring practices, but fail to perform ethically with respect to shareholders, e.g. Enron. Indeed, the seeming “seal of approval” of an ethical index may put investors more at ease, enabling scams. One response to these criticisms is that trust in the corporate management, index criteria, fund or index manager, and securities regulator, can never be replaced by mechanical means, so “market transparency” and “disclosure” are the only long-term-effective paths to fair markets. From a financial perspective, it is not obvious whether ethical indices or ethical funds will out-perform their more conventional counterparts. Theory might suggest that returns would be lower since the investible universe is artificially reduced and with it portfolio efficiency. On the other hand, companies with good social performances might be better run, have more committed workers and customers, and be less likely to suffer reputation damage from incidents (oil spillages, industrial tribunals, etc.) and this might result in lower share price volatility.[6] The empirical evidence on the performance of ethical funds and of ethical firms versus their mainstream comparators is very mixed for both stock[7][8] and debt markets.[9]

Presentation of index returns

Some indices, such as the S&P 500 Index, have returns shown calculated with different methods.[10] These versions can differ based on how the index components are weighted and on how dividends are accounted. For example, there are three versions of the S&P 500 Index: price return, which only considers the price of the components, total return, which accounts for dividend reinvestment, and net total return, which accounts for dividend reinvestment after the deduction of a withholding tax.[11]

The Wilshire 4500 and Wilshire 5000 indices have five versions each: full capitalization total return, full capitalization price, float-adjusted total return, float-adjusted price, and equal weight. The difference between the full capitalization, float-adjusted, and equal weight versions is in how index components are weighted.[12][13]

Weighting of stocks within an index

An index may also be classified according to the method used to determine its price. In a price-weighted index such as the Dow Jones Industrial AverageNYSE Arca Major Market Index, and the NYSE Arca Tech 100 Index, the share price of each component stock is the only consideration when determining the value of the index. Thus, price movement of even a single security will heavily influence the value of the index even though the dollar shift is less significant in a relatively highly valued issue, and moreover ignoring the relative size of the company as a whole. In contrast, a Capitalization-weighted index (also called market-value-weighted) such as the S&P 500 Index or Hang Seng Index factors in the size of the company. Thus, a relatively small shift in the price of a large company will heavily influence the value of the index.

Capitalization- or share-weighted indices have a full weighting, i.e. all outstanding shares were included. Many indices are based on a free float-adjusted weighting.

An equal-weighted index is one in which all components are assigned the same value.[14] For example, the Barron’s 400 Index assigns an equal value of 0.25% to each of the 400 stocks included in the index, which together add up to the 100% whole.[15]

modified capitalization-weighted index is a hybrid between capitalization weighting and equal weighting. It is similar to a capitalization weighting with one main difference: the largest stocks are capped to a percent of the weight of the total stock index and the excess weight will be redistributed equally amongst the stocks under that cap. In 2005, Standard & Poor’s introduced the S&P Pure Growth Style Index and S&P Pure Value Style Index which was attribute-weighted. That is, a stock’s weight in the index is decided by the score it gets relative to the value attributes that define the criteria of a specific index, the same measure used to select the stocks in the first place. For these two indexes, a score is calculated for every stock, be it their growth score or the value score (a stock cannot be both) and accordingly they are weighted for the index.[16]

Criticism of capitalization-weighting

One argument for capitalization weighting is that investors must, in aggregate, hold a capitalization-weighted portfolio anyway. This then gives the average return for all investors; if some investors do worse, other investors must do better (excluding costs).[17]

Investors use theories such as modern portfolio theory to determine allocations. This considers risk and return and does not consider weights relative to the entire market. This may result in overweighting assets such as value or small-cap stocks, if they are believed to have a better return for risk profile. These investors believe that they can get a better result because other investors are not very good. The capital asset pricing model says that all investors are highly intelligent, and it is impossible to do better than the market portfolio, the capitalization-weighted portfolio of all assets. However, empirical tests conclude that market indices are not efficient.[citation needed] This can be explained by the fact that these indices do not include all assets or by the fact that the theory does not hold. The practical conclusion is that using capitalization-weighted portfolios is not necessarily the optimal method.

As a consequence, capitalization-weighting has been subject to severe criticism (see e.g. Haugen and Baker 1991, Amenc, Goltz, and Le Sourd 2006, or Hsu 2006), pointing out that the mechanics of capitalization-weighting lead to trend following strategies that provide an inefficient risk-return trade-off.

Other stock market index weighting schemes

While capitalization-weighting is the standard in equity index construction, different weighting schemes exist. While most indices use capitalization-weighting, additional criteria are often taken into account, such as sales/revenue and net income, as in the Dow Jones Global Titan 50 Index.

As an answer to the critiques of capitalization-weighting, equity indices with different weighting schemes have emerged, such as “wealth”-weighted (Morris, 1996), Fundamentally based indexes (Robert D. Arnott, Hsu and Moore 2005), “diversity”-weighted (Fernholz, Garvy, and Hannon 1998) or equal-weighted indices.[18]

Indices and passive investment management

Passive management is an investing strategy involving investing in index funds, which are structured as mutual funds or exchange-traded funds that track market indices.[19] The SPIVA (S&P Indices vs. Active) annual “U.S. Scorecard”, which measures the performance of indices versus actively managed mutual funds, finds the vast majority of active management mutual funds underperform their benchmarks, such as the S&P 500 Index, after fees.[20][21] Since index funds attempt to replicate the holdings of an index, they eliminate the need for — and thus many costs of — the research entailed in active management, and have a lower churn rate (the turnover of securities, which can result in transaction costs and capital gains taxes).

Unlike a mutual fund, which is priced daily, an exchange-traded fund is priced continuously, is optionable, and can be sold short.[22]

Lists

References

  1. ^ Caplinger, Dan (January 18, 2020). “What Is a Stock Market Index?”The Motley Fool.
  2. ^ Lo, Andrew W. (2016). “What Is an Index?”. Journal of Portfolio Management42 (2): 21–36. doi:10.3905/jpm.2016.42.2.021.
  3. ^ “FTSE Global Equity Index Series (GEIS)”FTSE Russell.
  4. ^ Divine, John (February 15, 2019). “7 of the Best Socially Responsible Funds”U.S. News & World Report.
  5. ^ Haris, Anwar (November 25, 2010). “Muslim-Majority Nations Plan Stock Index to Spur Trade: Islamic Finance”Bloomberg L.P.
  6. ^ Oikonomou, Ioannis; Brooks, Chris; Pavelin, Stephen (2012). “The impact of corporate social performance on financial risk and utility: a longitudinal analysis” (PDF)Financial Management41 (2): 483–515. doi:10.1111/j.1755-053X.2012.01190.xISSN 1755-053X.
  7. ^ Brammer, Stephen; Brooks, Chris; Pavelin, Stephen (2009). “The stock performance of America’s 100 best corporate citizens” (PDF)The Quarterly Review of Economics and Finance49 (3): 1065–1080. doi:10.1016/j.qref.2009.04.001ISSN 1062-9769.
  8. ^ Brammer, Stephen; Brooks, Chris; Pavelin, Stephen (2006). “Corporate social performance and stock returns: UK evidence from disaggregate measures” (PDF)Financial Management35 (3): 97–116. doi:10.1111/j.1755-053X.2006.tb00149.xISSN 1755-053X.
  9. ^ Oikonomou, Ioannis; Brooks, Chris; Pavelin, Stephen (2014). “The effects of corporate social performance on the cost of corporate debt and credit ratings” (PDF)Financial Review49 (1): 49–75. doi:10.1111/fire.12025ISSN 1540-6288.
  10. ^ “Index Literacy”S&P Dow Jones Indices.
  11. ^ “Methodology Matters”S&P Dow Jones Indices.
  12. ^ “Indexes”Wilshire Associates.
  13. ^ “Dow Jones Wilshire > DJ Wilshire 5000/4500 Indexes > Methodology”Wilshire Associates.
  14. ^ Edwards, Tim; Lazzara, Craig J. (May 2014). “Equal-Weight Benchmarking: Raising the Monkey Bars” (PDF)S&P Global.
  15. ^ Fabian, David (November 14, 2014). “Checking In On Equal-Weight ETFs This Year”Benzinga.
  16. ^ S&P methodology via Wikinvest
  17. ^ Sharpe, William F. (May 2010). “Adaptive Asset Allocation Policies”CFA Institute.
  18. ^ “Practice Essentials – Equal Weight Indexing” (PDF)S&P Dow Jones Indices.
  19. ^ Schramm, Michael (September 27, 2019). “What Is Passive Investing?”Morningstar, Inc.
  20. ^ “SPIVA U.S. Score Card”S&P Dow Jones Indices.
  21. ^ THUNE, KENT (July 3, 2019). “Why Index Funds Beat Actively Managed Funds”Dotdash.
  22. ^ Chang, Ellen (May 21, 2019). “How to Choose Between ETFs and Mutual Funds”U.S. News & World Report.

External links

 Media related to Stock market indexes at Wikimedia Commons

https://en.wikipedia.org/wiki/Stock_market_index

 

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U.S. Influenza Surveillance System: Purpose and Methods

The Influenza Division at CDC collects, compiles and analyzes information on influenza activity year-round in the United States. FluView, a weekly influenza surveillance report, and FluView Interactive, an online application which allows for more in-depth exploration of influenza surveillance data, are updated each week. The data presented each week are preliminary and may change as more data is received.

The U.S. influenza surveillance system is a collaborative effort between CDC and its many partners in state, local, and territorial health departments, public health and clinical laboratories, vital statistics offices, healthcare providers, clinics, and emergency departments. Information in five categories is collected from eight data sources in order to:

  • Find out when and where influenza activity is occurring;
  • Determine what influenza viruses are circulating;
  • Detect changes in influenza viruses; and
  • Measure the impact influenza is having on outpatient illness, hospitalizations and deaths.

It is important to maintain a comprehensive system for influenza surveillance for the following reasons:

  • Influenza viruses are constantly changing (referred to as antigenic drift), and thus ongoing data collection and characterization of the viruses are required;
  • Influenza viruses can also undergo an abrupt, major change (referred to as antigenic shift) that results in a virus that is different than currently circulating influenza viruses; surveillance of viruses will detect these changes and inform the public health response;
  • Vaccines must be administered annually and are updated regularly based on surveillance findings;
  • Treatment for influenza is guided by laboratory surveillance for antiviral resistance; and
  • Influenza surveillance and targeted research studies are used to monitor the impact of influenza on different segments of the population (e.g. age groups, underlying medical conditions).

Surveillance System Components

1. Virologic Surveillance

U.S. World Health Organization (WHO) Collaborating Laboratories System and the National Respiratory and Enteric Virus Surveillance System (NREVSS) – Approximately 100 public health and over 300 clinical laboratories located throughout all 50 states, Puerto Rico, Guam, and the District of Columbia participate in virologic surveillance for influenza through either the U.S. WHO Collaborating Laboratories System or NREVSS.  Influenza testing practices differ in public health and clinical laboratories and each source provides valuable information for monitoring influenza activity.  Clinical laboratories primarily test respiratory specimens for diagnostic purposes and data from these laboratories provide useful information on the timing and intensity of influenza activity.  Public health laboratories primarily test specimens for surveillance purposes to understand what influenza virus types, subtypes, and lineages are circulating and the age groups being affected.

All public health and clinical laboratories report each week to CDC the total number of respiratory specimens tested for influenza and the number positive for influenza viruses, along with age or age group of the person, if available.  Data presented from clinical laboratories include the weekly total number of specimens tested, the number of positive influenza tests, and the percent positive by influenza virus type.  Data presented from public health laboratories include the weekly total number of specimens tested and the number positive by influenza virus type and subtype/lineage.  In order to obtain specimens in an efficient manner, public health laboratories often receive samples that have already tested positive for an influenza virus at a clinical laboratory.  As a result, monitoring the percent of specimens testing positive for an influenza virus in a public health laboratory is less useful (i.e., we expect a higher percent positive). In order to use each data source most appropriately and to avoid duplication, reports from public health and clinical laboratories are presented separately in both FluView and FluView Interactive.

The age distribution of influenza positive specimens reported from public health laboratories is visualized in FluView Interactive.  The number and proportion of influenza virus-positive specimens by influenza A subtype and influenza B lineage are presented by age group (0-4 years, 5-24 years, 25-64 years, and ≥65 years) each week and cumulative totals are provided for the season.

Additional laboratory data for current and past seasons and by geographic level (national, Department of Health and Human Services (HHS) region, and state) are available on FluView Interactive.

Virus Characterization – Most U.S. viruses submitted for virus characterization come from state and local public health laboratories. Due to Right Size Roadmapexternal icon considerations, specimen submission guidance to public health laboratories for the 2019-2020 season is that, if available, 2 influenza A(H1N1)pdm09, 3 influenza A(H3N2), and 2 influenza B viruses be submitted every other week. Therefore, the numbers of each virus type/subtype characterized should be more balanced across subtypes/lineages but will not reflect the actual proportion of circulating viruses. The goal of antigenic and genetic characterization is to compare how similar the currently circulating influenza viruses are to the reference viruses representing viruses contained in the current influenza vaccines and to monitor evolutionary changes that continually occur in influenza viruses circulating in humans. For genetic characterization, all influenza-positive surveillance samples received at CDC undergo next-generation sequencing to determine the genetic identity of circulating influenza viruses and to monitor the evolutionary trajectory of viruses circulating in our population. Virus gene segments are classified into genetic clades/subclades based on phylogenetic analysis. However, genetic changes that classify the clades/subclades do not always result in antigenic changes. “Antigenic drift” is a term used to describe gradual antigenic change that occurs as viruses evolve to escape host immune pressure. Antigenic drift is evaluated using hemagglutination inhibition and/or neutralization based focus reduction assays to compare antigenic properties of cell-propagated reference viruses representing currently recommended vaccine components with those of cell-propagated circulating viruses.

CDC also tests a subset of the influenza viruses collected by public health laboratories for susceptibility to the neuraminidase inhibitor antivirals (oseltamivir, zanamivir, and peramivir) and the PA cap-dependent endonuclease inhibitor (baloxavir). Susceptibility to the neuraminidase inhibitors is assessed using next-generation sequencing analysis and/or a functional assay. Neuraminidase sequences of viruses are inspected to detect the presence of amino acid substitutions, previously associated with reduced or highly reduced inhibition by any of three neuraminidase inhibitorspdf iconexternal icon. In addition, a subset of viruses is tested using the neuraminidase inhibition assay with three neuraminidase inhibitors. The level of neuraminidase activity inhibition is reported using the thresholds recommended by the World Health Organization Expert Working Group of the Global Influenza Surveillance and Response System (GISRS)pdf iconexternal icon. These samples are routinely obtained for surveillance purposes rather than for diagnostic testing of patients suspected to be infected with an antiviral-resistant virus. Susceptibility to baloxavir is assessed using next-generation sequencing analysis to identify PA protein changes previously associated with reduced susceptibility to this medication; a subset of representative viruses is also tested phenotypically using a high-content imaging neutralization test.

Results of the antigenic and genetic characterization and antiviral susceptibility testing are presented in the virus characterization and antiviral resistance sections of the FluView report.

Surveillance for Novel Influenza A Viruses – In 2007, human infection with a novel influenza A virus became a nationally notifiable condition. Novel influenza A virus infections include all human infections with influenza A viruses that are different from currently circulating human seasonal influenza H1 and H3 viruses. These viruses include those that are subtyped as nonhuman in origin and those that cannot be subtyped with standard laboratory methods and reagents.  Rapid detection and reporting of human infections with novel influenza A viruses – viruses against which there is often little to no pre-existing immunity – is important to facilitate prompt awareness and characterization of influenza A viruses with pandemic potential and accelerate the implementation of public health responses to limit the transmission and impact of these viruses.

Newly reported cases of human infections with novel influenza A viruses are reported in FluView and additional information, including case counts by geographic location, virus subtype, and calendar year, are available on FluView Interactive.

2. Outpatient Illness Surveillance

Information on outpatient visits to health care providers for influenza-like illness is collected through the U.S. Outpatient Influenza-like Illness Surveillance Network (ILINet). ILINet consists of outpatient healthcare providers in all 50 states, Puerto Rico, the District of Columbia and the U.S. Virgin Islands reporting approximately 60 million patient visits during the 2018-19 season. Each week, approximately 2,600 outpatient healthcare providers around the country report data to CDC on the total number of patients seen for any reason and the number of those patients with influenza-like illness (ILI) by age group (0-4 years, 5-24 years, 25-49 years, 50-64 years, and ≥65 years). For this system, ILI is defined as fever (temperature of 100°F [37.8°C] or greater) and a cough and/or a sore throat without a known cause other than influenza. Sites with electronic health records use an equivalent definition as determined by public health authorities.

Additional data on medically attended visits for ILI for current and past seasons and by geographic level (national, HHS region, and state) are available on FluView Interactive.

The national percentage of patient visits to healthcare providers for ILI reported each week is calculated by combining state-specific data weighted by state population. This percentage is compared each week with the national baseline of 2.4% for the 2019-2020 influenza season. The baseline is developed by calculating the mean percentage of patient visits for ILI during non-influenza weeks for the previous three seasons and adding two standard deviations. A non-influenza week is defined as periods of two or more consecutive weeks in which each week accounted for less than 2% of the season’s total number of specimens that tested positive for influenza in public health laboratories.  Due to wide variability in regional level data, it is not appropriate to apply the national baseline to regional data; therefore, region-specific baselines are calculated using the same methodology.

Regional baselines for the 2019-2020 influenza season are:

Region 1 — 1.9%
Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont

Region 2 — 3.2%
New Jersey, New York, Puerto Rico, and the U.S. Virgin Islands

Region 3 — 1.9%
Delaware, District of Columbia, Maryland, Pennsylvania, Virginia, and West Virginia

Region 4 — 2.4%
Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee

Region 5 — 1.9%
Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin

Region 6 — 3.8%
Arkansas, Louisiana, New Mexico, Oklahoma, and Texas

Region 7 — 1.7%
Iowa, Kansas, Missouri, and Nebraska

Region 8 — 2.7%
Colorado, Montana, North Dakota, South Dakota, Utah, and Wyoming

Region 9 — 2.4%
Arizona, California, Hawaii, and Nevada

Region 10— 1.5%
Alaska, Idaho, Oregon, and Washington

ILI Activity Indicator Map: — Data collected in ILINet are also used to produce a measure of ILI activity for all 50 states, Puerto Rico, the District of Columbia, and New York City. Activity levels are based on the percent of outpatient visits due to ILI in a jurisdiction compared with the average percent of ILI visits that occur during weeks with little or no influenza virus circulation (i.e., non-influenza weeks) in that jurisdiction.  The number of sites reporting each week is variable, therefore baselines are adjusted each week based on which sites within each jurisdiction provide data. To perform this adjustment, provider level baseline ratios are calculated for those that have a sufficient reporting history.  Providers that do not have the required reporting history are assigned the baseline ratio for their practice type.  The jurisdiction level baseline is then calculated using a weighted sum of the baseline ratios for each contributing provider.

The activity levels compare the mean reported percent of visits due to ILI for the current week to the mean reported percent of visits due to ILI for non-influenza weeks.  The 10 activity levels correspond to the number of standard deviations below, at or above the mean for the current week compared with the mean of the non-influenza weeks.  There are 10 activity levels classified as minimal (levels 1-3), low (levels 4-5), moderate (levels 6-7), and high (levels 8-10).  An activity level of 1 corresponds to values that are below the mean, level 2 corresponds to an ILI percentage less than 1 standard deviation above the mean, level 3 corresponds to ILI more than 1, but less than 2 standard deviations above the mean, and so on, with an activity level of 10 corresponding to ILI 8 or more standard deviations above the mean.

The ILI Activity Indicator map reflects the level of ILI activity, not the extent of geographic spread of flu, within a jurisdiction. Therefore, outbreaks occurring in a single city could cause the state to display high activity levels. In addition, data collected in ILINet may disproportionally represent certain populations within a state, and therefore, may not accurately depict the full picture of influenza activity for the whole state. Differences in the data presented here by CDC and independently by some state health departments likely represent differing levels of data completeness with data presented by the state likely being the more complete.

The ILI Activity Indicator Map displays state-specific activity levels for multiple seasons and allows a visual representation of relative activity from state to state.  More information is available on FluView Interactive.

3. Summary of the Geographic Spread of Influenza

State and territorial health departments report the estimated level of geographic spread of influenza activity in their jurisdictions each week through the State and Territorial Epidemiologists Report. This level does not measure the severity of influenza activity; low levels of influenza activity occurring throughout a jurisdiction would result in a classification of “widespread”.  Jurisdictions classify geographic spread as follows:

  • No Activity: No laboratory-confirmed cases of influenza and no reported increase in the number of cases of ILI.
  • Sporadic: Small numbers of laboratory-confirmed influenza cases or a single laboratory-confirmed influenza outbreak has been reported, but there is no increase in cases of ILI.
  • Local: Outbreaks of influenza or increases in ILI cases and recent laboratory-confirmed influenza in a single region of the state.
  • Regional: Outbreaks of influenza or increases in ILI and recent laboratory confirmed influenza in at least two but less than half the regions of the state with recent laboratory evidence of influenza in those regions.
  • Widespread: Outbreaks of influenza or increases in ILI cases and recent laboratory-confirmed influenza in at least half the regions of the state with recent laboratory evidence of influenza in the state.

Additional data displaying the influenza activity reported by state and territorial epidemiologists for the current and past seasons are available on FluView Interactive.

4. Hospitalization Surveillance

Laboratory confirmed influenza-associated hospitalizations in children and adults are monitored through the Influenza Hospitalization Surveillance Network (FluSurv-NET). FluSurv-NET conducts population-based surveillance for laboratory-confirmed influenza-related hospitalizations in children younger than 18 years of age (since the 2003-2004 influenza season) and adults (since the 2005-2006 influenza season). The network includes more than 70 counties in the 10 Emerging Infections Program (EIP) states (CA, CO, CT, GA, MD, MN, NM, NY, OR, and TN) and additional Influenza Hospitalization Surveillance Project (IHSP) states. The IHSP began during the 2009-2010 season to enhance surveillance during the 2009 H1N1 pandemic. IHSP sites included IA, ID, MI, OK and SD during the 2009-2010 season; ID, MI, OH, OK, RI, and UT during the 2010-2011 season; MI, OH, RI, and UT during the 2011-2012 season; IA, MI, OH, RI, and UT during the 2012-2013 season; and MI, OH, and UT during the 2013-2014 through 2019-20 seasons.

Cases are identified by reviewing hospital laboratory and admission databases and infection control logs for patients hospitalized during the influenza season with a documented positive influenza test (i.e., viral culture, direct/indirect fluorescent antibody assay (DFA/IFA), rapid influenza diagnostic test (RIDT), or molecular assays including reverse transcription-polymerase chain reaction (RT-PCR)). Data gathered are used to estimate age-specific hospitalization rates on a weekly basis and describe characteristics of persons hospitalized with influenza illness. The rates provided are likely to be an underestimate as influenza-related hospitalizations can be missed if testing is not performed.

Patient charts are reviewed to determine if any of the following categories of high-risk medical conditions are recorded in the chart at the time of hospitalization:

  • Asthma/reactive airway disease;
  • Blood disorder/hemoglobinopathy;
  • Cardiovascular disease;
  • Chronic lung disease;
  • Chronic metabolic disease;
  • Gastrointestinal/liver disease;
  • Immunocompromised condition;
  • Neurologic disorder;
  • Neuromuscular disorder;
  • Obesity;
  • Pregnancy status;
  • Prematurity (pediatric cases only);
  • Renal disease; and
  • Rheumatologic/autoimmune/inflammatory conditions.

During the 2017-18 season, seven FluSurv-NET sites (CA, GA, MN, NM, NYA, OH, OR) conducted random sampling to select cases ≥50 years for medical chart abstraction, while still performing full chart abstractions of all cases <50 years. During the 2018-19 season, six sites (CA, GA, NM, NYA, OH, OR) conducted random sampling of cases ≥65 years for medical chart abstraction. All other sites performed full chart abstractions on all cases. Data on age, sex, admission date, in-hospital death, and influenza test results were collected for all cases. For each season going forward, including 2019-20, sampling for medical chart abstraction may be considered in cases ≥50 years. In early January of each season, observed case counts across all FluSurv-NET sites will be compared against predetermined thresholds to determine whether sampling will be implemented for the season.

Additional FluSurv-NET data including hospitalization rates for multiple seasons and different age groups and data on patient characteristics (such as virus, type, demographic, and clinical information) are available on FluView Interactive.

5. Mortality Surveillance

National Center for Health Statistics (NCHS) mortality surveillance data – NCHS collects death certificate data from state vital statistics offices for all deaths occurring in the United States. Pneumonia and influenza (P&I) deaths are identified based on ICD-10 multiple cause of death codes.  NCHS surveillance data are aggregated by the week of death occurrence.  To allow for collection of enough data to produce a stable P&I percentage, NCHS surveillance data are released one week after the week of death.  The NCHS surveillance data are used to calculate the percent of all deaths occurring in a given week that had pneumonia and/or influenza listed as a cause of death. The P&I percentage for earlier weeks are continually revised and may increase or decrease as new and updated death certificate data are received from the states by NCHS.  The P&I percentage is compared to a seasonal baseline of P&I deaths that is calculated using a periodic regression model incorporating a robust regression procedure applied to data from the previous five years.  An increase of 1.645 standard deviations above the seasonal baseline of P&I deaths is considered the “epidemic threshold,” i.e., the point at which the observed proportion of deaths attributed to pneumonia or influenza was significantly higher than would be expected at that time of the year in the absence of substantial influenza-related mortality.

Additional pneumonia and influenza mortality data for current and past seasons and by geographic level (national, HHS region, and state) are available on FluView Interactive. Data displayed on the regional and state-level are aggregated by the state of residence of the decedent.

Influenza-Associated Pediatric Mortality Surveillance System — Influenza-associated deaths in children (persons less than 18 years of age) was added as a nationally notifiable condition in 2004. An influenza-associated pediatric death is defined for surveillance purposes as a death resulting from a clinically compatible illness that was confirmed to be influenza by an appropriate laboratory diagnostic test. There should be no period of complete recovery between the illness and death.  Demographic and clinical information are collected on each case and are transmitted to CDC.

Additional information on influenza-associated pediatric deaths including basic demographics, underlying conditions, bacterial co-infections, and place of death for the current and past seasons, is available on FluView Interactive.

Influenza Surveillance Considerations

It is important to remember the following about influenza surveillance in the United States.

  • All influenza activity reporting by public health partners and health-care providers is voluntary.
  • The reported information answers the questions of where, when, and what influenza viruses are circulating.  It can be used to determine if influenza activity is increasing or decreasing but does not directly report the number of influenza illnesses.  For more information regarding how CDC classifies influenza severity and the disease burden of influenza, please see Disease Burden of Influenza.
  • The system consists of eight complementary surveillance components in five categories. These components include reports from more than 350 laboratories, approximately 2,600 outpatient health care providers, the National Center for Health Statistics, research and healthcare personnel at the FluSurv-NET sites, and influenza surveillance coordinators and state epidemiologists from all state, local and territorial health departments.
  • Influenza surveillance data collection is based on a reporting week that starts on Sunday and ends on the following Saturday.  Each surveillance participant is requested to summarize weekly data and submit it to CDC by Tuesday afternoon of the following week. The data are then downloaded, compiled, and analyzed at CDC. FluView and FluView Interactive are updated weekly each Friday.

    For CDC/Influenza Division influenza surveillance purposes, the reporting period for each influenza season begins during Morbidity and Mortality Weekly Report (MMWR) week 40 and ends week 39 of the following year. MMWR weeks pdf icon[65 KB, 2 Pages]refer to the sequential numbering of weeks (Sunday through Saturday) during a calendar year. This means that the exact start of the influenza reporting period varies slightly from season to season. The 2019-2020 influenza season began on September 29, 2019 and will end on September 26, 2020.

  • “Flu season” — as determined by elevated flu activity – also varies from season to season. During most seasons, activity begins to increase in October, most often peaks between December and February and can remain elevated into May. The flu season is said to have started after consecutive weeks of elevated flu activity is registered in the various CDC influenza surveillance systems.

https://www.cdc.gov/flu/weekly/overview.htm

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The Pronk Pops Show 1404, February 27, 2020, Story 1: All U.S. Stock Market Indices Correcting As Progressive Panic Propaganda Propagates Planet — Great Investment Buying Opportunities Ahead — Videos — Story 2: Chinese Communist Cough Containment Crisis Crashes Capitalism or Communism? — Are You Scared Yet — Not One Bit — Buy On The Correction and Hold On — Government Not The Answer — Government Is The Problem — Videos — Story 3: Coronavirus or COVID-19 Exposed America’s Heavy Reliance On China For Medicines — Trump Administration May Use Defense Production Act To Manufacture Protective Gear — What About Replacing Medicine, Drug and Ingredients  Imported From Communist China By Establishing American Producers in United States As In The Past? — Video

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Story 1: All U.S. Stock Market Indices Correcting As Progressive Panic Propaganda Propagates Planet — Great Investment Buying Opportunities Ahead — Videos — 

Maria Bartiromo warns against knee-jerk reactions to market selloff

Keiser Report: Billionaires re-gifting Some of the Fed’s free money (E1507)

 

Dow plunges 10% from peak and enters correction after largest one-day point drop in HISTORY as coronavirus fears fuel the worst week on Wall Street since the Great Recession

  • US major stock indexes closed down more than 4% for the day on Thursday
  • Markets have now entered correction, or declines from peak of more than 10%
  • Dow dropped 1,190.95 points, the index’s largest one-day point drop in history
  • Follows report of first US community transmission of coronavirus in California 
  • Netflix and other ‘stay at home’ companies saw shares rise, however 

 

U.S. stock indexes plunged dramatically yet again on Thursday, as the rapid spread of the coronavirus outside China deepens investor worries about growth and corporate earnings. 

The Dow Jones Industrial Average plummeted 1,190.95 points, or 4.42 percent, to 25,766.64, the largest one-day point drop in history. It comes during the quickest market plunge on a percentage basis since the financial crisis of October 2008.

The Dow, S&P 500 and Nasdaq all closed more than 10 percent below their recent highs. That means the market is officially in a correction, which is a normal phenomenon that analysts have said was long overdue.    T

At their heart, stock prices rise and fall with the profits that companies expect to make — and Wall Street’s expectations for profit growth are sinking as more companies warn that the virus outbreak will hit their bottom lines

Trader Peter Tuchman reacts at the opening bell on the New York Stock Exchange on Thursday as the Dow opens down another 500 points and the market enters correction territory

Trader Peter Tuchman reacts at the opening bell on the New York Stock Exchange on Thursday as the Dow opens down another 500 points and the market enters correction territory

Adding to worries, the U.S. Centers for Disease Control and Prevention confirmed an infection in California in a person who reportedly did not have relevant travel history or exposure to another known patient.

‘In the recent week, markets have come to realize that the outbreak is much worse and are now realistically pricing in the impact of the virus on the economy,’ said Philip Marey, senior U.S. strategist at Rabobank.

‘In that sense it’s a bit of a catching up from the relative optimism that was there in the beginning when markets thought (the virus) will be contained to China with some minor outbreak outside.’

Rising fears of a pandemic, which U.S. health authorities have warned is likely, have erased about $1.84 trillion off the benchmark S&P 500 this week alone.

Industry analysts and economists continued to sound the alarm as they assessed the impact of the coronavirus, with Goldman Sachs saying U.S. companies will generate no earnings growth in 2020.

Apple and Microsoft, two of the world´s biggest companies, have already said their sales this quarter will feel the economic effects of the virus.

Microsoft’s stock lost 2.8 percent after it told investors that the virus will hurt revenue from its Windows licenses and its Surface devices.

A one-day view of the Dow Jones Industrial Average shows Thursday's punishing losses

A one-day view of the Dow Jones Industrial Average shows Thursday’s punishing losses

A five-day view of the Dow Jones Industrial Average shows the cumulative declines this week

A five-day view of the Dow Jones Industrial Average shows the cumulative declines this week

Traders work during the opening bell at the New York Stock Exchange on Thursday. About five minutes into trading, the Dow Jones Industrial Average was down 1.8 percent

Traders work during the opening bell at the New York Stock Exchange on Thursday. About five minutes into trading, the Dow Jones Industrial Average was down 1.8 percent

Budweiser maker AB InBev projects 10% hit to profits in first quarter due to decline in Chinese sales

The world’s largest brewer Anheuser-Busch InBev forecast a 10 percent decline in first-quarter profit on Thursday after the coronavirus outbreak hit beer sales during the Chinese New Year, sending its shares skidding.

The maker of Budweiser, Corona and Stella Artois said the virus had led to a significant decline in demand in China – both at bars and drinking at home, notably during the Chinese New Year.

AB InBev stock plunged on Thursday after the beer maker said that it expected profits to be down 10% for the first quarter due to slumping Chinese sales

AB InBev stock plunged on Thursday after the beer maker said that it expected profits to be down 10% for the first quarter due to slumping Chinese sales

The outbreak, along with an expected weaker Brazilian market, could lead to a 10 percent drop in first-quarter core profit (EBITDA) on-year, AB InBev said, adding that it expected 2020 core profit growth of between 2 percent and 5 percent, with most expansion occurring in the second half.

The Belgium-based company, which sells more Budweiser in China than in the lager’s key U.S. market, said the disease shaved up to $285 million off its revenue in China in the first two months of this year, 2.3 percent of its first-quarter group revenue last year.

American Airlines plunged 8.5 percent as airlines continue to feel pain from disrupted travel plans and suspended routes. 

Delta Airlines, which is reducing flights to South Korea because of the outbreak in that nation, fell 4.5 percent.

Bank of America slashed its world growth forecast to the lowest level since the peak of the global financial crisis.

Financial warnings also came from Budweiser maker InBev and cloud-computing company Nutanix.

The virus has now infected more than 82,000 people globally and is worrying governments with its rapid spread beyond the epicenter of China.

The price of crude oil fell 4.7 percent. The price has been falling sharply as investors anticipate that demand for energy will wane as the economy slows.

Bond yields continued sliding as investors shifted money into lower-risk assets. The yield on the 10-year Treasury fell further into record low territory, to 1.28% from 1.31% late Wednesday. Gold prices edged higher.

Medical mask makers and ‘stay at home’ companies see shares rise as investors anticipate high demand

A number of companies that could see their business jump if coronavirus reaches epidemic levels in the U.S. saw their shares rise in mid-morning trading on Thursday.

Shares of 3M, which counts surgical masks among its many products, rose 1.5 percent.

Canadian company Alpha Pro Tech, which makes medical protective garments, saw shares skyrocket 57 percent on Thursday.

Chlorox, which makes the popular bleach brand that can be used to sterilize surfaces, was up 2.8 percent. 7

Traders work on the floor of the New York Stock Exchange in New York on Thursday

Netflix stock was up on Thursday, with investors betting that binge-watching at home could become more appealing than going out during an outbreak

Chlorox, which makes bleach that can be used to sterilize surfaces, was also up Thursday

Chlorox, which makes bleach that can be used to sterilize surfaces, was also up Thursday

Gilead Sciences jumped 6.4 percent, as the drugmaker said it had started two late-stage trials to test its experimental antiviral drug, remdesivir, in patients with cases of illness caused by coronavirus.

While travel stocks were punished, companies that focus on ‘stay at home’ products also saw shares rise, as investors anticipated that consumers will be more likely to avoid crowds and remain indoors.

Netflix was up 1.6 percent, with investors betting that binge-watching at home could become more appealing during an outbreak.

Teleconferencing company Teladoc, which offers remote medical consultations with doctors over the internet, surged 19.8 percent.

Story 2: Chinese Communist Cough Containment Crisis Crashes Capitalism or Communism? — Are You Scared Yet — Not One Bit — Buy On The Correction and Hold On — Government Not The Answer — Government Is The Problem — Videos —

Outbreak starts to look more like worldwide economic crisis

11 minutes ago

The coronavirus outbreak began to look more like a worldwide economic crisis Friday as anxiety about the infection emptied shops and amusement parks, canceled events, cut trade and travel and dragged already slumping financial markets even lower.

More employers told their workers to stay home, and officials locked down neighborhoods and closed schools. The wide-ranging efforts to halt the spread of the illness threatened jobs, paychecks and profits.

“This is a case where in economic terms the cure is almost worse than the disease,″ said Jacob Kirkegaard, senior fellow at the Peterson Institute for International Economics. “When you quarantine cities … you lose economic activity that you’re not going to get back.′

The list of countries touched by the illness climbed to nearly 60 as Mexico, Belarus, Lithuania, New Zealand, Nigeria, Azerbaijan, Iceland and the Netherlands reported their first cases. More than 83,000 people worldwide have contracted the illness, with deaths topping 2,800.

China, where the outbreak began in December, has seen a slowdown in new infections and on Saturday morning reported 427 new cases over the past 24 hours along with 47 additional deaths. The city at the epicenter of the outbreak, Wuhan, accounted for the bulk of both.

New cases in mainland China have held steady at under 500 for past four days, with almost all of them in Wuhan and its surrounding Hubei province.

With the number of discharged patients now greatly exceeding those of new arrivals, Wuhan now has more than 5,000 spare beds in 16 temporary treatment centers, Ma Xiaowei, director of the National Health Commission, told a news conference in Wuhan on Friday.

South Korea, the second hardest hit country, on Saturday morning reported 571 new cases, the highest daily jump since confirming its first patient in late January. Emerging clusters in Italy and in Iran, which has had 34 deaths and 388 cases, have led to infections of people in other countries. France and Germany were also seeing increases, with dozens of infections.

The head of the World Health Organization on Friday announced that the risk of the virus spreading worldwide was “very high,” citing the “continued increase in the number of cases and the number of affected countries.”

U.N. Secretary-General Antonio Guterres urged all governments to “do everything possible to contain the disease.”

“We know containment is possible, but the window of opportunity is narrowing,” the U.N. chief told reporters in New York.

The economic ripples have already reached around the globe.

Stock markets around the world plunged again Friday. On Wall Street, the Dow Jones index took yet another hit, closing down nearly 360 points. The index has dropped more than 14% from a recent high, making this the market’s worst week since 2008, during the global financial crisis.

The effects were just as evident in the hush that settled in over places where throngs of people ordinarily work and play and buy and sell.

“There’s almost no one coming here,” said Kim Yun-ok, who sells doughnuts and seaweed rolls at Seoul’s Gwangjang Market, where crowds were thin as South Korea counted 571 new cases — more than in China, where the virus emerged. “I am just hoping that the outbreak will come under control soon.”

In Asia, Tokyo Disneyland and Universal Studios Japan announced they would close, and events that were expected to attract tens of thousands of people were called off, including a concert series by the K-pop group BTS. The state-run Export-Import Bank of Korea shut down its headquarters in Seoul after a worker tested positive for the virus, telling 800 others to work from home. Japanese officials prepared to shutter all schools until early April.

In Italy — which has reported 888 cases, the most of any country outside of Asia — hotel bookings are falling, and Premier Giuseppe Conte raised the specter of recession. Shopkeepers like Flavio Gastaldi, who has sold souvenirs in Venice for three decades, wondered if they could survive the blow.

“We will return the keys to the landlords soon,” he said.

The Swiss government banned events with more than 1,000 people, while at the Cologne Cathedral in Germany, basins of holy water were emptied for fear of spreading germs.

In a report published Friday in the New England Journal of Medicine, Chinese health officials said the death rate from the illness known as COVID-19 was 1.4%, based on 1,099 patients at more than 500 hospitals throughout China.

Assuming there are many more cases with no or very mild symptoms, the rate “may be considerably less than 1%,” U.S. health officials wrote in an editorial in the journal. That would make the virus more like a severe seasonal flu than a disease similar to its genetic cousins SARS, severe acute respiratory syndrome, or MERS, Middle East respiratory syndrome.

Given the ease of spread, however, the virus could gain footholds around the world and many could die.

“It’s not cholera or the black plague,” said Simone Venturini, the city councilor for economic development in Venice, Italy, where tourism already hurt by historic flooding last year has sunk with news of virus cases. “The damage that worries us even more is the damage to the economy.”

Europe’s economy is already teetering on the edge of recession. A measure of business sentiment in Germany fell sharply last week, suggesting that some companies could postpone investment and expansion plans. China is a huge export market for German manufacturers.

In the U.S., online retail giant Amazon said Friday that it has asked all of its 800,000 employees to postpone any non-essential travel, both within the country and internationally.

The chairman of the Federal Reserve, Jerome Powell, said that the U.S. economy remains strong and that policymakers would “use our tools” to support it if necessary.

Larry Kudlow, the top economic advisor to President Donald Trump, told reporters that the selloff in financial markets may be an overreaction to an epidemic with uncertain long-term effects.

“We don’t see any evidence of major supply chain disruptions. I’m not trying to say nothing’s happening. I think there will be impacts, but to be honest with you, at the moment, I don’t see much,” Kudlow said.

The pain was already taking hold in places like Bangkok, where merchants at the Platinum Fashion Mall staged a flash mob, shouting “Reduce the rent!” and holding signs that said “Tourists don’t come, shops suffer.”

Tourist arrivals in Thailand are down 50% compared with a year ago, according Capital Economics, a consulting firm.

Kanya Yontararak, a clothing store owner, said her sales have sunk as low as 1,000 baht ($32) some days, making it a struggle to pay back a loan for her lease. The situation is more severe than the floods and political crises her store has braved in the past.

“Coronavirus is the worst situation they have ever seen,” she said of her fellow merchants.

Economists have forecast global growth will slip to 2.4% this year, the slowest since the Great Recession in 2009, and down from earlier expectations closer to 3%. For the United States, estimates are falling to as low as 1.7% growth this year, down from 2.3% in 2019.

But if COVID-19 becomes a global pandemic, economists expect the impact could be much worse, with the U.S. and other global economies falling into recession.

“If we start to see more cases in the United States, if we start to see people not traveling domestically, if we start to see people stay home from work and from stores, then I think the hit is going to get substantially worse,” said Gus Faucher, an economist at PNC Financial.

After the WHO raised its alert level, the agency’s Emergencies Program Director Michael Ryan called the situation “a reality check for every government on the planet.” Friday. “Wake up, get ready. This virus may be on its way.”

https://apnews.com/7d1a054f19cf1f33b4ee22c244603ebe

 

The Cantillon Effect

Expansionary monetary policy constitutes a transfer of purchasing power away from those who hold old money to whoever gets new money. This is known as the Cantillon Effect, after 18th Century economist Richard Cantillon who first proposed it. In the immediate term, as more dollars are created, each one translates to a smaller slice of all goods and services produced.

How we measure this phenomenon and its size depends how we define money. This is illustrated below.

Here’s GDP expressed in terms of the monetary base:

Here’s GDP expressed in terms of M2:

And here’s GDP expressed in terms of total debt:

What is clear is that the dramatic expansion of the monetary base that we saw after 2008 is merely catching up with the more gradual growth of debt that took place in the 90s and 00s.

While it is my hunch that overblown credit bubbles are better liquidated than reflated (not least because the reflation of a corrupt and dysfunctional financial sector entails huge moral hazard), it is true the Fed’s efforts to inflate the money supply have so far prevented a default cascade. We should expect that such initiatives will continue, not least because Bernanke has a deep intellectual investment in reflationism.

This focus on reflationary money supply expansion was fully expected by those familiar with Ben Bernanke’s academic record. What I find more surprising, though, is the Fed’s focus on banks and financial institutions rather than the wider population.

It’s not just the banks that are struggling to deleverage. The overwhelming majority of nongovernment debt is held by households and nonfinancials:

The nonfinancial sectors need debt relief much, much more than the financial sector. Yet the Fed shoots off new money solely into the financial system, to Wall Street and the TBTF banks. It is the financial institutions that have gained the most from these transfers of purchasing power, building up huge hoards of excess reserves:

There is a way to counteract the Cantillon Effect, and expand the money supply without transferring purchasing power to the financial sector (or any other sector). This is to directly distribute the new money uniformly to individuals for the purpose of debt relief; those with debt have to use the new money to pay it down (thus reducing the debt load), those without debt are free to invest it or spend it as they like.

Steve Keen notes:

While we delever, investment by American corporations will be timid, and economic growth will be faltering at best. The stimulus imparted by government deficits will attenuate the downturn — and the much larger scale of government spending now than in the 1930s explains why this far greater deleveraging process has not led to as severe a Depression — but deficits alone will not be enough. If America is to avoid two “lost decades”, the level of private debt has to be reduced by deliberate cancellation, as well as by the slow processes of deleveraging and bankruptcy.

In ancient times, this was done by a Jubilee, but the securitization of debt since the 1980s has complicated this enormously. Whereas only the moneylenders lost under an ancient Jubilee, debt cancellation today would bankrupt many pension funds, municipalities and the like who purchased securitized debt instruments from banks. I have therefore proposed that a “Modern Debt Jubilee” should take the form of “Quantitative Easing for the Public”: monetary injections by the Federal Reserve not into the reserve accounts of banks, but into the bank accounts of the public — but on condition that its first function must be to pay debts down. This would reduce debt directly, but not advantage debtors over savers, and would reduce the profitability of the financial sector while not affecting its solvency.

Without a policy of this nature, America is destined to spend up to two decades learning the truth of Michael Hudson’s simple aphorism that “Debts that can’t be repaid, won’t be repaid”.

The Fed’s singular focus on the financial sector is perplexing and frustrating, not least because growth remains stagnant, unemployment remains elevated, industrial production remains weak and America’s financial sector remains a seething cesspit of corruption and moral hazardwhere segregated accounts are routinely raided by corrupt CEOs, and where government-backstopped TBTF banks still routinely speculate with the taxpayers’ money.

The corrupt and overblown financial sector is the last sector that deserves a boost in purchasing power. It’s time this ended.

The Cantillon Effect

Richard Cantillon

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Richard Cantillon
Richard Cantillon.png
Born 1680s[1]

Died 1734[2] (aged about 54)

Era Age of Reason
Region Western philosophy
School Physiocracy
Main interests
Political economy
Notable ideas
Entrepreneur as risk-bearer,
monetary theory,
spatial economics,
theory of population growth,
cause and effect methodology
Signature
Richardcantillonsignature.png

Richard Cantillon (French: [kɑ̃tijɔ̃]; 1680s – May 1734) was an Irish-French economist and author of Essai sur la Nature du Commerce en Général (Essay on the Nature of Trade in General), a book considered by William Stanley Jevons to be the “cradle of political economy“.[4] Although little information exists on Cantillon’s life, it is known that he became a successful banker and merchant at an early age. His success was largely derived from the political and business connections he made through his family and through an early employer, James Brydges. During the late 1710s and early 1720s, Cantillon speculated in, and later helped fund, John Law‘s Mississippi Company, from which he acquired great wealth. However, his success came at a cost to his debtors, who pursued him with lawsuits, criminal charges, and even murder plots until his death in 1734.

Essai remains Cantillon’s only surviving contribution to economics. It was written around 1730 and circulated widely in manuscript form, but was not published until 1755. His work was translated into Spanish by Gaspar Melchor de Jovellanos, probably in the late 1770s, and considered essential reading for political economy. Despite having much influence on the early development of the physiocrat and classical schools of thought, Essai was largely forgotten until its rediscovery by Jevons in the late 19th century.[5] Cantillon was influenced by his experiences as a banker, and especially by the speculative bubble of John Law’s Mississippi Company. He was also heavily influenced by prior economists, especially William Petty.

Essai is considered the first complete treatise on economics, with numerous contributions to the science. These contributions include: his cause and effect methodology, monetary theories, his conception of the entrepreneur as a risk-bearer, and the development of spatial economics. Cantillon’s Essai had significant influence on the early development of political economy, including the works of Adam SmithAnne TurgotJean-Baptiste SayFrédéric Bastiat and François Quesnay.[6]

Biography

While details regarding Richard Cantillon’s life are scarce,[7] it is thought that he was born sometime during the 1680s in County Kerry, Ireland.[1][6] He was son to land-owner Richard Cantillon of Ballyheigue.[8] Sometime in the middle of the first decade of the 18th century Cantillon moved to France, where he attained French citizenship.[9] By 1711, Cantillon found himself in the employment of British Paymaster General James Brydges, in Spain, where he organised payments to British prisoners of war during the War of Spanish Succession.[10] Cantillon remained in Spain until 1714, cultivating a number of business and political connections, before returning to Paris.[11] Cantillon then became involved in the banking industry working for a cousin, who at that time was lead-correspondent of the Parisian branch of a family bank.[12] Two years later, thanks in large part to financial backing by James Brydges, Cantillon bought his cousin out and attained ownership of the bank.[13] Given the financial and political connections Cantillon was able to attain both through his family[14] and through James Brydges, Cantillon proved a fairly successful banker, specialising in money transfers between Paris and London.[15]

At this time, Cantillon became involved with British mercantilist John Law through the Mississippi Company.[16] Based on the monetary theory proposed by William Potter in his 1650 tract The Key of Wealth,[17] John Law posited that increases in the money supply would lead to the employment of unused land and labour, leading to higher productivity.[18] In 1716, the French government granted him both permission to found the Banque Générale and virtual monopoly over the right to develop French territories in North America, named the Mississippi Company. In return, Law promised the French government to finance its debt at low rates of interest.[19] Law began a financial speculative bubble by selling shares of the Mississippi Company, using the Banque Générale’s virtual monopoly on the issue of bank notes to finance his investors.[20]

Richard Cantillon amassed a great fortune from his speculation, buying Mississippi Company shares early and selling them at inflated prices.[21] Cantillon’s financial success and growing influence caused friction in his relationship with John Law, and sometime thereafter Law threatened to imprison Cantillon if the latter did not leave France within twenty-four hours.[22] Cantillon replied: “I shall not go away; but I will make your system succeed.”[22] To that end, in 1718 Law, Cantillon, and wealthy speculator Joseph Gage formed a private company centred on financing further speculation in North American real estate.[23]

In 1719, Cantillon left Paris for Amsterdam, returning briefly in early 1720. Lending in Paris, Cantillon had outlying debt repaid to him in London and Amsterdam.[24] With the collapse of the “Mississippi bubble”, Cantillon was able to collect on debt accruing high rates of interest.[25] Most of his debtors had suffered financial damage in the bubble collapse and blamed Cantillon—until his death, Cantillon was involved in countless lawsuits filed by his debtors, leading to a number of murder plots and criminal accusations.[26]

On 16 February 1722, Cantillon married Mary Mahony, daughter of Count Daniel O’Mahony [fr]—a wealthy merchant and former Irish general—spending much of the remainder of the 1720s travelling throughout Europe with his wife.[27] Cantillon and Mary had two children, a son who died at an early age and a daughter, Henrietta,[28] wife successively of the 3rd Earl of Stafford and the 1st Earl of Farnham. Although he frequently returned to Paris between 1729 and 1733, his permanent residence was in London.[29] In May 1734, his residence in London was burned to the ground, and it is generally assumed that Cantillon died in the fire.[2] While the fire’s causes are unclear, the most widely accepted theory is that Cantillon was murdered.[30] One of Cantillon’s biographers, Antoine Murphy, has advanced the alternative theory that Cantillon staged his own death to escape the harassment of his debtors, appearing in Suriname under the name Chevalier de Louvigny.[31]

Contributions to economics

Although there is evidence that Richard Cantillon wrote a wide variety of manuscripts, only his Essai Sur La Nature Du Commerce En Général (abbreviated Essai) survives.[6][32] Written in 1730,[33] it was published in French in 1755,[34] and was translated into English by Henry Higgs in 1932.[35] Evidence suggests that Essai had tremendous influence on the early development of economic science. However, Cantillon’s treatise was largely neglected during the 19th century.[5] In the late 19th century and it was “rediscovered” by William Stanley Jevons, who considered it the “cradle of political economy”.[4] Since then, Cantillon’s Essai has received growing attention. Essai is considered the first complete treatise on economic theory,[36] and Cantillon has been called the “father of enterprise economics”.[6][37]

William Petty is considered to be one of Richard Cantillon’s greatest influences.[38]

One of the greatest influences on Cantillon’s writing was English economist William Petty and his 1662 tract Treatise on Taxes.[39] Although Petty provided much of the groundwork for Cantillon’s Essai,[38] Anthony Brewer argues that Petty’s influence has been overstated.[40] Apart from Petty, other possible influences on Cantillon include John Locke,[41] CiceroLivyPliny the ElderPliny the YoungerCharles DavenantEdmond HalleyIsaac NewtonSébastien Le Prestre de Vauban, and Jean Boisard.[3] Cantillon’s involvement in John Law’s speculative bubble proved invaluable and likely heavily influenced his insight on the relationship between increases in the supply of money, price, and production.[42]

Methodology

Cantillon’s Essai is written using a distinctive causal methodology, separating Cantillon from his mercantilist predecessors.[6][43] Essai is peppered with the word “natural”, which in the case of Cantillon’s treatise is meant to imply a cause and effect relationship between economic actions and phenomena.[44] Economist Murray Rothbard credits Cantillon with being one of the first theorists to isolate economic phenomena with simple models, where otherwise uncontrollable variables can be fixed.[45] Cantillon made frequent use of the concept of ceteris paribus throughout Essai in an attempt to neutralise independent variables.[46] Furthermore, he is credited with employing a methodology similar to Carl Menger‘s methodological individualism,[47] by deducing complex phenomena from simple observations.[48]

A cause and effect methodology led to a relatively value-free approach to economic science, in which Cantillon was uninterested in the merit of any particular economic action or phenomenon, focusing rather on the explanation of relationships.[49] This led Cantillon to separate economic science from politics and ethics to a greater degree than previous mercantilist writers.[45] This has led to disputes on whether Cantillon can justly be considered a mercantilist or one of the first anti-mercantilists,[50] given that Cantillon often cited government-manipulated trade surpluses and specie accumulation as positive economic stimuli.[51] Others argue that in instances where Cantillon is thought to have supported certain mercantilist policies, he actually provided a more neutral analysis by explicitly stating possible limitations of mercantilist policies.[52]

Monetary theory

Differences between prior mercantilists and Cantillon arise early in Essai, regarding the origins of wealth and price formation on the market.[53] Cantillon distinguishes between wealth and money, considering wealth in itself “nothing but the food, conveniences, and pleasures of life.”[54] While Cantillon advocated an “intrinsic” theory of value, based on the input of land and labour (cost of production),[55] he is considered to have touched upon a subjective theory of value.[56] Cantillon held that market prices are not immediately decided by intrinsic value, but are derived from supply and demand.[57] He considered market prices to be derived by comparing supply, the quantity of a particular good in a particular market, to demand, the quantity of money brought to be exchanged.[58] Believing market prices to tend towards the intrinsic value of a good, Cantillon may have also originated the uniformity-of-profit principle—changes in the market price of a good may lead to changes in supply, reflecting a rise or fall in profit.[59]

Rendition of Cantillon’s primitive circular flow model[60]

In Essai, Cantillon provided an advanced version of John Locke’s quantity theory of money, focusing on relative inflation and the velocity of money.[61] Cantillon suggested that inflation occurs gradually and that the new supply of money has a localised effect on inflation, effectively originating the concept of non-neutral money.[62] Furthermore, he posited that the original recipients of new money enjoy higher standards of living at the expense of later recipients.[63] The concept of relative inflation, or a disproportionate rise in prices among different goods in an economy, is now known as the Cantillon Effect.[64] Cantillon also considered changes in the velocity of money (quantity of exchanges made within a specific amount of time) influential on prices, although not to the same degree as changes in the quantity of money.[65] While he believed that the money supply consisted only of specie, he conceded that increases in money substitutes—or bank notes—could affect prices by effectively increasing the velocity of circulating of deposited specie.[66] Apart from distinguishing money from money substitute, he also distinguished between bank notes offered as receipts for specie deposits and bank notes circulating beyond the quantity of specie—or fiduciary media—suggesting that the volume of fiduciary media is strictly limited by people’s confidence in its redeemability.[67] He considered fiduciary media a useful tool to abate the downward pressure that hoarding of specie has on the velocity of money.[68]

Addressing the mercantilist belief that monetary intervention could cause a perpetually favourable balance of trade, Cantillon developed a specie-flow mechanism foreshadowing future international monetary equilibrium theories.[69] He suggested that in countries with a high quantity of money in circulation, prices will increase and therefore become less competitive in relation to countries where there is a relative scarcity of money.[70] Thus, Cantillon also held that increases in the supply of money, regardless of the source, cause increases in the price level and therefore reduce the competitiveness of a particular nation’s industry in relation to a nation with lower prices.[71] However, Cantillon did not believe that international markets tended toward equilibrium, and instead suggested that government hoard specie to avoid rising prices and falling competitiveness.[69] Furthermore, he suggested that a favourable balance of trade can be maintained by offering a better product and retaining qualitative competitiveness.[72] Cantillon’s preference towards a favourable balance of trade possibly stemmed from the mercantilist belief in exchange being a zero-sum game, in which one party gains at the expense of another.[73]

A relatively advanced theory of interest is also presented.[74] Cantillon believed that interest originates from the need of borrowers for capital and from the fear of loss of the lenders, meaning that borrowers have to recompense lenders for the risk of the possible insolvency of the debtor.[75] In turn, interest is paid out of earned profits originating from the return on invested capital.[76] While previously it was believed that the rate of interest varied inversely to the quantity of money, Cantillon posited that the rate of interest was determined by the supply and demand on the loanable funds market[77]—an insight usually attributed to Scottish philosopher David Hume.[78] As such, while saved money impacts the rate of interest, new money that is instead used for consumption does not; Cantillon’s theory of interest is therefore similar to John Maynard Keynes‘s liquidity preference theory.[79]

Other contributions[edit]

Traditionally, it is Jean-Baptiste Say who is credited for coining the word and advancing the concept of the entrepreneur, but in fact it was Cantillon who first introduced the term in Essai.[6][80] Cantillon divided society into two principal classes—fixed income wage-earners and non-fixed income earners.[81] Entrepreneurs, according to Cantillon, are non-fixed income earners who pay known costs of production but earn uncertain incomes,[82] due to the speculative nature of pandering to an unknown demand for their product.[83] Cantillon, while providing the foundations, did not develop a dedicated theory of uncertainty—the topic was not revisited until the 20th century, by Ludwig von MisesFrank Knight, and John Maynard Keynes, among others.[84] Furthermore, unlike later theories of entrepreneurship which saw the entrepreneur as a disruptive force, Cantillon anticipated the belief that the entrepreneur brought equilibrium to a market by correctly predicting consumer preferences.[85]

Spatial economics deal with distance and area, and how these may affect a market through transportation costs and geographical limitations. The development of spatial economics is usually ascribed to German economist Johann Heinrich von Thünen; however, Cantillon addressed spatial economics nearly a century earlier.[86] Cantillon integrated his advancements in spatial economic theory into his microeconomic analysis of the market, describing how transportation costs influence the location of factories, markets and population centres—that is, individuals strive to lower transportation costs.[87] Conclusions on spatial economics were derived from three premises: cost of raw materials of equal quality will always be higher near the capital city, due to transportation costs; transportation costs vary on transportation type (for example, water transportation was considered cheaper than land-based transportation); and larger goods that are more difficult to transport will always be cheaper closer to their area of production.[88] For example, Cantillon believed markets were designed as they were to decrease costs to both merchants and villagers in terms of time and transportation.[89] Similarly, Cantillon posited that the locations of cities were the result in large part of the wealth of inhabiting property owners and their ability to afford transportation costs—wealthier property owners tended to live farther from their property, because they could afford the transportation costs.[90] In Essai, spatial economic theory was used to derive why markets occupied the geographical area they did and why costs varied across different markets.[91]

Cover of the Ludwig von Mises Institute’s edition of Cantillon’s Essai

Apart from originating theories on the entrepreneur and spatial economics, Cantillon also provided a dedicated theory on population growth. Unlike William Petty, who believed there always existed a considerable amount of unused land and economic opportunity to support economic growth, Cantillon theorised that population grows only as long as there are economic opportunities present.[92] Specifically, Cantillon cited three determining variables for population size: natural resources, technology, and culture.[93] Therefore, populations grow only as far as the three aforementioned variables allowed.[94] Furthermore, Cantillon’s population theory was more modern than that of Malthus in the sense that Cantillon recognised a much broader category of factors which affect population growth, including the tendency for population growth to fall to zero as a society becomes more industrialised.[95]

Influence

While Essai was not published until 1755 as a result of heavy censorship in France, it did widely circulate in the form of an unpublished manuscript between its completion and its publication.[96] It notably influenced many direct forerunners of the classical school of thought, including Turgot and other physiocrats.[97] Cantillon was a major influence on physiocrat François Quesnay, who may have learned of Cantillon’s work through Marquis of Mirabeau.[98] While it is evident that Essai influenced Quesnay, to what degree remains controversial. There is evidence that Quesnay did not fully understand, or was not completely aware of, Cantillon’s theories.[99] Many of Quesnay’s economic beliefs were elucidated previously in Essai,[100] but Quesnay did reject a number of Cantillon’s premises, including the scarcity of land and Cantillon’s population theory.[101] Also, Quesnay recognised the scarcity of capital and capital accumulation as a prerequisite for investment.[99] Nevertheless, Cantillon was considered the “father of physiocracy” by Henry Higgs, due to his influence on Quesnay.[102] It is also possible that Cantillon influenced Scottish economist James Steuart, both directly and indirectly.[103]

Cantillon is one of the few economists cited by Adam Smith, who directly borrows Cantillon’s subsistence theory of wages.[6][104] Large sections of Smith’s economic theory were possibly directly influenced by Cantillon, although in many respects Adam Smith advanced well beyond the scope of Cantillon.[105] Some economic historians have argued that Adam Smith provided little of value from his own intellect, notably Schumpeter[6][106] and Rothbard.[107] In any case, through his influence on Adam Smith and the physiocrats, Cantillon was quite possibly the pre-classical economist who contributed most to the ideas of the classical school.[108] Illustrative of this was Cantillon’s influence on Jean-Baptiste Say, which is noticeable in the methodology employed in the latter’s Treatise on Political Economy.[6][109]

References…

https://en.wikipedia.org/wiki/Richard_Cantillon

Story 3: Coronavirus or COVID-19 Exposed America’s Heavy Reliance On China For Medicines — Trump Administration May Use Defense Production Act To Manufacture Protective Gear — What About Replacing Medicine, Drug and Ingredients  Imported From Communist China By Establishing American Producers in United States As In The Past? — Videos

New information on finding a coronavirus treatment

HOW DOES COVID-19 AFFECT THE BODY?

Coronaviruses (CoV) are a family of viruses that cause sicknesses like the common cold, as well as more severe diseases, such as Middle East Respiratory Syndrome and Severe Acute Respiratory Syndrome. A novel coronavirus (nCoV) is a new strain – one that hasn’t previously been recognized in humans. Coronaviruses cause diseases in mammals and birds. A zoonotic virus is one that is transmitted between animals and people. When a virus circulating in animal populations infects people, this is termed a “spillover event”.

How does CoVID-19 affect the body? The virus is fitted with protein spikes sticking out of the envelope that forms the surface and houses a core of genetic material. Any virus that enters your body looks for cells with compatible receptors – ones that allow it to invade the cell. Once they find the right cell, they enter and use the cell’s replication machinery to create copies of themselves. It is likely that COVID-19 uses the same receptor as SARS – found in both lungs and small intestines. It is thought that CoVID-19 shares many similarities with SARS, which has three phases of attack: viral replication, hyper-reactivity of the immune system, and finally pulmonary destruction.

Early on in infection, the coronavirus invades two types of cells in the lungs – mucus and cilia cells.

Mucus keeps your lungs from drying out and protects them from pathogens. Cilia beat the mucus towards the exterior of your body, clearing debris – including viruses! – out of your lungs. Cilia cells were the preferred hosts of SARS-CoV, and are likely the preferred hosts of the new coronavirus. When these cells die, they slough off into your airways, filling them with debris and fluid. Symptoms include a fever, cough, and breathing difficulties.

Many of those infected get pneumonia in both their lungs. Enter the immune system. Immune cells recognize the virus and flood into the lungs. The lung tissue becomes inflamed. During normal immune function, the inflammatory process is highly regulated and is confined to infected areas.

However, sometimes the immune system overreacts, and this results in damage to healthy tissue. More cells die and slough off into the lungs, further clogging them and worsening the pneumonia. As damage to the lungs increases, stage three begins, potentially resulting in respiratory failure. Patients that reach this stage of infection can incur permanent lung damage or even die. We see the same lesions in the lungs of those infected by the novel coronavirus as those with SARS. SARS creates holes in the lungs, so they look honeycomb-like. This is probably due to the aforementioned over-reactive immune response, which affects tissue both infected and healthy and creates scars that stiffen the lungs. As such, some patients may require ventilators to aid breathing.

The inflammation also results in more permeable alveoli. This is the location of the thin interface of gas exchange, where your lungs replace carbon dioxide in your blood with fresh oxygen you just inhaled. Increased permeability causes fluid to leak into the lungs. This decreases the lungs’ ability to oxygenate blood, and in severe cases, floods them so that you become unable to breathe. Sometimes, this can be fatal. The immune system’s over-reaction can also cause another kind of damage.

Proteins called cytokines are the immune system’s alarm system, recruiting immune cells to the infection site. Over-production of cytokines can result in a cytokine storm, where there is large-scale inflammation in the body. Blood vessels become more permeable and fluid seeps out. This makes it difficult for blood and oxygen to reach the rest of the body and can result in multi-organ failure. This has happened in the most severe cases of CoVid-19.

Although there are no specific treatments for coronaviruses, symptoms can be treated through supportive care. Also, vaccines are currently in development. What can you do to protect yourself from CoVid-19? Basic protocol comes down to regular hand washing, avoiding close contact with anyone coughing or sneezing, avoiding unnecessary contact with animals, washing hands after contact with animals, thoroughly cooking meat and eggs prior to consumption, and covering your mouth and nose while coughing or sneezing. Respiratory viruses are typically transmitted via droplets in sneezes or coughs of those infected, so preventing their travel stops the spread of disease.

 

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Coronavirus (COVID-19) Supply Chain Update

For Immediate Release:Statement From:

Commissioner of Food and Drugs – Food and Drug Administration

Stephen M. Hahn M.D.

As I have previously communicated, the FDA has been closely monitoring the supply chain with the expectation that the COVID-19 outbreak would likely impact the medical product supply chain, including potential disruptions to supply or shortages of critical medical products in the U.S.

A manufacturer has alerted us to a shortage of a human drug that was recently added to the drug shortages list. The manufacturer just notified us that this shortage is related to a site affected by coronavirus. The shortage is due to an issue with manufacturing of an active pharmaceutical ingredient used in the drug. It is important to note that there are other alternatives that can be used by patients. We are working with the manufacturer as well as other manufacturers to mitigate the shortage. We will do everything possible to mitigate the shortage.

Additional Information on Human Drugs

Since January 24, the FDA has been in touch with more than 180 manufacturers of human drugs, not only to remind them of applicable legal requirements for notifying the FDA of any anticipated supply disruptions, but also asking them to evaluate their entire supply chain, including active pharmaceutical ingredients (the main ingredient in the drug and part that produces the intended effects, e.g., acetaminophen) and other components manufactured in China.

Also, as part of our efforts, the FDA has identified about 20 other drugs, which solely source their active pharmaceutical ingredients or finished drug products from China. We have been in contact with those firms to assess whether they face any drug shortage risks due to the outbreak. None of these firms have reported any shortage to date. Also, these drugs are considered non-critical drugs.

We will remain in contact with manufacturers so that we can continue to assist them with any potential issues in the fastest way.

Medical Devices

We are aware of 63 manufacturers which represent 72 facilities in China that produce essential medical devices; we have contacted all of them. Essential devices are those that may be prone to potential shortage if there is a supply disruption. We are aware that several of these facilities in China are adversely affected by COVID-19, citing workforce challenges, including the necessary quarantine of workers. While the FDA continues to assess whether manufacturing disruptions will affect overall market availability of these products, there are currently no reported shortages for these types of medical devices within the U.S. market.

Regarding personal protective equipment—surgical gowns, gloves, masks, respirator protective devices, or other medical equipment designed to protect the wearer from injury or the spread of infection or illness—the FDA has heard reports of increased market demand and supply challenges for some of these products. However, the FDA is currently not aware of specific widespread shortages of medical devices, but we are aware of reports from CDC and other U.S. partners of increased ordering of a range of human medical products through distributors as some healthcare facilities in the U.S. are preparing for potential needs if the outbreak becomes severe.

It is important to note that no law exists requiring medical device manufacturers to notify the FDA when they become aware of a circumstance, including discontinuation of a product, that could lead to a potential shortage, and manufacturers are not required to respond when the FDA requests information about potential supply chain disruption. As with prior emergencies, the FDA has taken proactive steps to establish and remain in contact with medical device manufacturers and others in the supply chain, including hospitals and group purchasing organizations. The agency also encourages manufacturers and healthcare facilities to report any supply disruptions to the device shortages mailbox, deviceshortages@fda.hhs.gov. This mailbox is closely monitored and has proven to be a valuable surveillance resource to augment FDA efforts to detect and mitigate potential supply chain disruption.

Biologics and Blood Supply

The FDA is not aware of any cellular or gene therapies that are made in China for the U.S. market. There are no shortages of biologics to report at this time.

The potential for transmission of COVID-19 by blood and blood components is unknown at this time; however, respiratory viruses, in general, are not known to be transmitted by blood transfusion. Further, there have been no reported cases of transfusion-transmitted COVID-19.

The FDA has made information available to blood establishments and to establishments that manufacture human cells, tissues, or cellular or tissue-based products that may wish to consider additional donor screening measures in response to the COVID-19 outbreak.

Food

We are not aware of any reports at this time of human illnesses that suggest COVID-19 can be transmitted by food or food packaging. However, it is always important to follow good hygiene practices (i.e., wash hands and surfaces often, separate raw meat from other foods, cook to the right temperature, and refrigerate foods promptly) when handling or preparing foods.

Animal Drugs

There are 32 animal drug firms that make finished drugs or source active pharmaceutical ingredients in China for the U.S. The FDA has contacted all 32 firms and no shortages have been reported at this time. However, six of those firms have indicated that they are seeing disruptions in the supply chain that soon could lead to shortages. The FDA is working with these firms to help identify interventions to mitigate potential shortages.

Additional Resources

The FDA is using all our existing authorities to address COVID-19, and we welcome the opportunity to work with Congress to further strengthen our response capabilities and emergency preparedness. There are four specific proposals included in the President’s budget that would better equip the FDA to prevent or mitigate medical product shortages.

  1. Lengthen Expiration Dates to Mitigate Critical Human Drug Shortages: Shortages of certain critical drugs can be exacerbated when drugs must be discarded because they exceed a labeled shelf-life due to unnecessarily short expiration dates. By expanding the FDA’s authority to require, when likely to help prevent or mitigate a shortage, that an applicant evaluate, submit studies to the FDA, and label a product with the longest possible expiration date that the FDA agrees is scientifically justified, there could be more supply available to alleviate the drug shortage or the severity of a shortage.
  2. Improve Critical Infrastructure by Requiring Risk Management Plans: Enabling the FDA to require application holders of certain drugs to conduct periodic risk assessments to identify the vulnerabilities in their manufacturing supply chain (inclusive of contract manufacturing facilities), and develop plans to mitigate the risks associated with the identified vulnerabilities would enable the FDA to strengthen the supply chain by integrating contingencies for emergency situations. Currently, many medical product manufacturers lack plans to assess and address vulnerabilities in their manufacturing supply chain, putting them, and American patients, at risk for drug supply disruptions following disasters (e.g., hurricanes) or in other circumstances.
  3. Improve Critical Infrastructure through Improved Data Sharing and Require More Accurate Supply Chain Information: Empowering the FDA to require information to assess critical infrastructure, as well as manufacturing quality and capacity, would facilitate more accurate and timely supply chain monitoring and improve our ability to recognize shortage signals.
  4. Establish Reporting Requirements for Device Manufacturers: The FDA does not have the same authorities for medical device shortages as it does for drugs and biological products. For instance, medical device manufacturers are not required to notify the FDA when they become aware of a circumstance that could lead to a device shortage or meaningful disruption in the supply of that device in the U.S., nor are they required to respond to inquiries from the FDA about the availability of devices. Enabling the FDA to have timely and accurate information about likely or confirmed national shortages of essential devices would allow the agency to take steps to promote the continued availability of devices of public health importance. Among other things, the FDA proposes to require that firms notify the agency of an anticipated meaningful interruption in the supply of an essential device; require all manufacturers of devices determined to be essential to periodically provide the FDA with information about the manufacturing capacity of the essential devices they manufacture; and authorize the temporary importation of devices where the benefits of the device in mitigating a shortage outweigh the risks presented by the device that could otherwise result in denial of importation of the device into the U.S.

Overall, this remains an evolving and very dynamic issue. We are committed to continuing to communicate with the public as we have further updates.

We also continue to aggressively monitor the market for any firms marketing products with fraudulent COVID-19 diagnosis, prevention or treatment claims. The FDA can and will use every authority at our disposal to protect consumers from bad actors who take advantage of a crisis to deceive the public, including pursuing warning letters, seizures or injunctions against products on the market that are not in compliance with the law, or against firms or individuals who violate the law.

We know the public may have questions or concerns for the FDA as a result of this outbreak, including you and your family’s risk of exposure, or whether your critical medical products are safe and will continue to be available in the future. The FDA is working around the clock to monitor and mitigate emerging coronavirus issues through collaborative efforts with federal partners, international regulators and medical product developers and manufacturers to help advance response efforts to combat the COVID-19 outbreak.

The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.

https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-supply-chain-update

 

 

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The Pronk Pops Show 1393, February 6, 2020, Story 1: President Trump Speaks At National Prayer Breakfast — Slams Pelosi and Romney For Using Their Faith To Justify Their Actions — Faith Based Adoption — Videos — Story 2: President Trump Acquitted Forever By Senate Takes A Well Deserved Victory Lap Over Failed Coup Attempts By Clinton Obama Democratic Criminal Conspiracy — Nobody Including Democrats Are Above The Law — American People Demanding The Indictments of The Conspirators — The Trump Way — Videos — Story 3: DNC Chair Demands Iowa Recheck The Vote Count and Bernie Sanders Won By More Than 8,000 — Videos

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Story 2: President Trump Acquitted Forever By Senate Takes A Well Deserved Victory Lap Over Failed Coup Attempts By Clinton Obama Democratic Criminal Conspiracy — Nobody Including Democrats Are Above The Law — American People Demanding The Indictments of The Conspirators — The Trump Way — Videos —

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This linguist studied the way Trump speaks for two years. Here’s what she found.

Keiser Report: Canceling Debt to Avoid Economic Crisis (E1320)

Ep. 1548 David Stockman on Impeachment, the Democrats, the Fed, and More

 

Triumphant Trump lashes out ‘horrible person’ Pelosi and attacks ‘dirty cops’ in wild post-acquittal speech as he slams ‘Mueller top scum’ Russia probe and ‘evil’ impeachment as ‘all bulls**t’

  • President Trump gathered his political allies in the White House’s East Room Thursday to celebrate being acquitted on impeachment charges
  • Trump held up a copy of the Washington Post that said ‘Trump Acquitted’ in large font, saying it’s the ‘only good headline I’ve ever had in the Washington Post’ 
  • At the top of his speech, Trump called out the ‘leakers and liars’ and then name-dropped former FBI Director James Comey 
  • He bad-mouthed a number of individuals including House Speaker Nancy Pelosi, GOP Sen. Mitt Romney and Intelligence Committee Chairman Adam Schiff 
  • He again went after FBI lovers Peter Strzok and Lisa Page, while also slamming Hunter Biden and former FBI deputy director Andrew McCabe
  • Then Trump went around the room and complimented the Republicans who supported him, giving brief remarks about each one 
  • Trump spoke for more than an hour and didn’t use a teleprompter, though used swear words more than once 
  • ‘This is a day of celebration because we went through hell,’ Trump told the crowd, who gave him a standing ovation 

President Trump celebrated his Senate acquittal on Thursday with a freewheeling speech at the White House where he blasted the ‘vicious and mean’ Democrats, attacked ‘evil and dirty’ cops, thanked his ‘very good friends’ for their support and apologized to his family for what he put them through.

‘This is a day of celebration because we went through hell,’ he told a packed room of about 200 supporters in the East Room of the White House.

The president spoke – without the use of a teleprompter – for a little more than hour that veered back and forth between thanking his allies and blasting his enemies.

He began his remarks with his favorite hit term on the investigations into him and his presidency: ‘witch hunt.’

‘We’ve been going through this now for over three years. It was evil, it was corrupt, it was dirty cops. It was a leakers and lawyers. This should never happen to another president, ever. I don’t know that other presidents would have been able to take it,’ he said.

And he ended with an apology to his family, including young son Barron.

‘I want to apologize to my family for having them have to go through a phony, rotten deal by some very evil and sick people,’ he said. ‘And Ivanka is here, my sons, my whole family. And that includes Barron. He’s up there, he’s a young boy.’

Ivanka left her seat in the audience to come up to the podium and hug her father after his apology. First lady Melania Trump did the same.

‘I just want to thank my family for sticking through it. This was not part of the deal,’ the president said.

Trump also name-dropped those he blamed for impeaching him, re-upping his litany of attacks against the same people he has blamed since the first investigation of his presidency started.

Former FBI Director James Comey was the first opponent who came up.

‘Had I not fired James Comey – who was a disaster, by the way – it’s possible I may not have even been standing here right now,’ Trump said. ‘When I fired that sleazebag, all hell broke out,’ he later added.

He blamed the top FBI officials for his problems. ‘It was the top scum, and the FBI people don’t like the top scum,’ he said.

The president also had choice words for House Speaker Nancy Pelosi, House Intelligence Committee Chair Adam Schiff, Sen. Mitt Romney, Hunter Biden, former FBI deputy director Andrew McCabe – and the FBI lovers, Peter Strzok and Lisa Page.

SCROLL DOWN TO READ TRUMP’S FREEWHEELING SPEECH IN FULL 

President Trump hoisted up a copy of the Washington Post in the East Room Thursday, marveling at the paper's good headline

President Trump hugs his daughter Ivanka Trump at his victory speech in the White House's East Room Thursday

President Trump hugs his daughter Ivanka Trump at his victory speech in the White House’s East Room Thursday

First lady Melania Trump (left) kisses President Trump (right) at the end of his speech Thursday in the East Room

First lady Melania Trump (left) kisses President Trump (right) at the end of his speech Thursday in the East Room

The president, showing off the 'Trump acquitted' headline, said he might even frame this copy of the Washington Post

President Trump addressed a crowd of allies at the White House Thursday after being acquitted by the U.S. Senate

President Trump was surrounded by his political allies at the White House Thursday as he took a victory lap on being acquitted on impeachment charges by the GOP-led Senate

President Trump went around the room and complimented his political allies, while describing House Speaker Nancy Pelosi as 'vicious' and 'horrible' x

President Trump (left) had first lady Melania Trump (right) come onstage at the conclusion of his hour-long, free-wheeling speech where he talked about impeachment

Ivanka Trump (right) listens to her father President Trump (left) speak a day after the conclusion of the Senate's impeachment trial

Comey’s May 2017 firing led to the appointment of Special Counsel Robert Mueller who took over the Russian interference probe.

The president referred to the Russia probe as ‘all bulls***’ to the East Room crowd.

That investigation wasn’t directly related to why Trump was impeached – over a scheme to hold up around $400 million in military aid to Ukraine in order to pressure the president to announce investigations into Joe and Hunter Biden.

Trump attacked the former vice president’s son for his work on the board of a Ukrainian gas company and for a Chinese hedge fund. He also reiterated his argument his July 25 phone call with newly-elected Ukrainian President Volodymyr Zelensky was perfect.

‘He’s a new president, seems like a very nice person, by the way. His whole thing was corruption. He’s going to stop corruption. We have a treaty, a signed treaty that we will work together to root out corruption in Ukraine. I probably have a legal obligation … to report corruption. They don’t even think a corrupt way son who made no money, that got thrown out of the military, that had no money at all, is working for $3 million upfront, $83,000 a month. And that’s only Ukraine. Then goes to China, picks up $1.5 billion. Then goes to Romania, I hear, and many other countries. They think that’s okay. Because, if it is, Ivanka in the audience? Boy, my kids could make a fortune,’ he said.

The East Room was filled with the president’s Republican Congressional and political allies. Lawmakers like Doug Collins, Jim Jordan, Elise Stefanik and Matt Gaetz, who all vocally defended the president during the House impeachment investigation. GOP senators who voted to acquit him were there too, including Chuck Grassley, Mike Lee and, of course, Senate Majority Leader Mitch McConnell.

Trump had personalized shout outs for many of them:

  • Mitch McConnell: ‘Great guy. Great guy. He’s a tough guy to read. I’m good at reading people. A tough guy to read.’
  • Jim Jordan: ‘When I first got to know Jim I said, “Huh, never wears a jacket. What the hell is going on?” He’s obviously very proud of his body. And they say where he works out with the congressmen, senators, they say when Jim works out, even though he’s not as young as he was, when he works out, the machine starts burning.’
  • Steve Scalise: ‘He got whacked, my Steve. Right? I went to the hospital with our great first lady that night. Right, honey? We saw a man who was not going to make it. He was not going to make it. The doctor — I told him, his wife, I said, “She loves you.” “Why did you say that?” Because she was devastated. A lot of wives wouldn’t give a damn.’ 
  • Elise Stefanik: ‘I didn’t realize, when she opens that mouth, you were killing them, Elise! You were killing them!’
  • John Ratcliffe: ‘If we were doing a remake of “Perry Mason,” the man I get — there is nobody in Hollywood like this.’ 
  • Matt Gaetz: ‘Sometimes controversial, but actually he’s not controversial. He’s solid as a rock and a friend of mine.’ 

The president’s impeachment legal team came in the room before Trump and was greeted with a standing ovation from the audience and shouts of ‘Bravo!’ 

Trump, too, was greeted by a crowd on its feet.

He held up a copy of the Washington Post in triumph as his supporters cheered him on.

‘It was the only good headline I’ve ever had in the Washington Post,’ Trump said, showing off a newspaper with the words ‘Trump acquitted’ in large typeface across the front. Trump said he might even frame it.

President Trump and Melania Trump leaving after his remarks

IN THE AUDIENCE: Reps. Doug Collins (center) and Elise Stefanik (right) were invited to attend Thursday's White House address by President Trump. Both lawmakers defended him during the impeachement saga

Senate Majority Leader Mitch McConnell arrives at President Trump's East Room address Thursday

During the speech, the president praised certain Republican lawmakers who defended him, including Rep. Elise Stefanik of New York

Rep. Matt Gaetz is seen entering the Whtie House's East Room Thursday prior to President Trump addressing the nation on his impeachment acquittal

Rep. Matt Gaetz stands as he is acknowledged by President Trump during a speech that lasted longer than an hour

Rep. Matt Gaetz stands as he is acknowledged by President Trump during a speech that lasted longer than an hour

White House Press Secretary Stephanie Grisham (center) greets Rep. Matt Gaetz (left) in the White House's East Room on Thursday

Rep. Louie Gohmert, a Republican member of the House Judiciary Committee who loudly defended President Trump during the impeachment hearings, wore a 'Quit, Mitt' button to the White House Thursday

Counselor to the President Kellyanne Conway chats with White House guests before President Trump appeared in the East Room Thursday

Acting White House Chief of Staff Mick Mulvaney is photographed in the East Room before the president delivered remarks

Acting White House Chief of Staff Mick Mulvaney is photographed in the East Room before the president delivered remarks

Republican political allies filed the White House's audience Thursday including (from left) Rep. Mark Meadows, Sen. Bill Cassidy, Sen. Mike Lee, Sen. Chuck Grassley and Rep. Devin Nunes. Nunes is Rep. Adam Schiff's GOP counterpart in the House Intelligence Committee

First daughter and White House senior adviser Ivanka Trump reacts to her father's speech in the White House's East Room Thursday

Attendees of President Trump's East Room speech included (from left) second lady Karen Pence, Vice President Mike Pence, Treasury Secretary Steven Mnuchin, Defense Secretary Mark Esper and Attorney General Bill Barr

Attendees of President Trump’s East Room speech included (from left) second lady Karen Pence, Vice President Mike Pence, Treasury Secretary Steven Mnuchin, Defense Secretary Mark Esper and Attorney General Bill Barr

 

White House press secretary Stephanie Grisham previewed the president's remarks on Fox News Channel Thursday morning

He had nicer things to say about those in the room.

TRUMP SHOUT OUTS

The president offered his thanks to many people during his remarks:

Melania Trump

Ivanka Trump

His sons and specifically Barron

Attorneys Pat Cipollone and Jay Sekulow

Sen. Tim Scott

Senate Majority Leader Mitch McConnell

Rep. Jim Jordan

Rep. Elise Stefanik

Rep. Mark Meadows

Rep. Doug Collins

Sen. Kelly Loeffler

Sen. Josh Hawley

Sen. Chuck Grassley

Rep. Louie Gohmert

Sen. Mike Braun

Sen. Bill Cassidy

Sen. John Barasso

Sen. Mike Lee

House Republican Leader Kevin McCarthy

Sen. Kelly Armstrong

Rep. Jim Banks

Rep. Andy Biggs

Abraham Lincoln

Rep. Matt Gaetz

Rep. Debbie Lesko

Gov. Ron DeSantis

Rep. Mike Johnson

Rep. Devin Nunes

Rep. John Ratliffe

Rep. Steve Scalise

Matt Schlapp

Rep. Bradley Byrne

Rep. Scott Perry

Lee, a Republican senator from Utah, got some attention from the president, in part because Lee’s counterpart, Sen. Mitt Romney, had voted alongside Democrats on voting in support of one article of impeachment.

Trump told Lee to deliver a message to the people of Utah: ‘Tell them I’m sorry about Mitt Romney.’

‘We can say, by far, Mike Lee is the most popular senator in the state,’ Trump said.

Rep. Louie Gohmert, a Republican member of the House Judiciary Committee who also loudly backed the president during impeachment hearings, was spotted wearing a ‘quit Mitt’ button to the White House event.

Trump complimented another Judiciary Committee member, Rep. John Ratcliffe, for being straight out of Central Casting.

‘If we’re doing a remake of Perry Mason,’ he said, nodding at Ratcliffe. ‘There’s nobody in Hollywood like this.’

The president also suggested that Rep. Steve Scalise became more attractive after recovering from a gun shot wound.

‘You weren’t that good looking,’ Trump said. ‘You look good now.’

The president also talked of Scalise’s wife’s devotion to the Louisiana Republican, as Trump had met her when her husband was in the emergency room.

‘A lot of wives wouldn’t give a damn,’ Trump remarked.

Trump also made colorful comments about Rep. Jim Jordan, another prominent defender.

‘When I first got to know Jim I said, heh, he never wears a jacket, he’s obviously very proud of his body,’ the president said.

Jordan was a collegiate wrestling champion and later a college-level coach.

The Ohio Republican did wear a jacket to Trump’s speech Thursday.

Trump also asked lawmakers to stand up if they had something to say.

That prompted retiring Rep. Mark Meadows, a North Carolina Republican, to briefly stand and say, ‘This reflection today is a small reflection of the support you have.’

‘We got your back,’ Meadows said.

White House press secretary Stephanie Grisham told a Fox News Channel audience Thursday what to expect from his remarks – that the president had previewed himself when he slammed Pelosi and Romney at the National Prayer Breakfast Thursday morning.

‘He is going to be honest,’ Grisham told Fox News, ‘going to speak with honesty and with humility and he and the family went through a lot. I think he’s also going to talk about just how horribly he was treated and, you know, that maybe people should pay for that.’

PEOPLE DONALD TRUMP CRITICIZED

The president also criticized many people in his speech:

Sen. Mitt Romney

Speaker Nancy Pelosi

Rep. Adam Schiff

Rep. Jerry Nadler

Sen. Kirsten Gillibrand

Former FBI director James Comey

Former Sen. Claire McCaskill

Hunter Biden

Lisa Page

Peter Strzok

Andrew McCabe

Christopher Steele

Bob Mueller

Sen. Chuck Schumer

Hillary Clinton

‘People should be held accountable,’ she added.

The president went after Pelosi and Romney for using their faith to justify their actions in the impeachment process during his remarks at the National Prayer Breakfast.

And, in his remarks later that day in the East Wing, he stood by what he said at the breakfast.

‘I had Nancy Pelosi sitting four seats away and I’m saying things that a lot of people wouldn’t have said, but I meant everything. I meant every word of it,’ he said.

At the breakfast, the president did not mention the two by name but his meaning was clear.

‘I don’t like people who use their faith as justification for doing what they know is wrong. Nor do I like people who say I pray for you when they know that’s not so. So many people have been hurt, and we can’t let that go on. I will be discussing that a little bit later at the White House,’ he said.

Romney was the lone Republican to find Trump guilty on one article of impeachment: abuse of power. He said in his remarks on the Senate floor Wednesday that it was his faith – Romney is a devout Mormon – that led him to that decision.

Pelosi, a devout Catholic, has repeatedly said she prays for the president. She was seated at the head table during Trump’s remarks and shook her head at one point during them. She pursed her lips a few times as he spoke. The speaker launched the impeachment inquiry into the president in September.

Back at the White House, Trump had no problem uttering Pelosi’s name. He called her a ‘vicious horrible person’ and said that Rep. Adam Schiff, the chairman of the House Intelligence Committee and one of the Democrats’ House impeachment managers, was a ‘horrible person.’

‘She may pray, but she prays for the opposite,’ Trump said of the speaker.

At the prayer breakfast, the president admitted he was having trouble liking his political enemies now that his impeachment trial is over.

‘We are grateful to the people of this room for the lovely show to religion, not one religion, but many religions. They are brave, they are brilliant, they are fighters, they like people and sometimes they hate people. I’m sorry. I apologize. I am trying to learn. Not easy. It’s not easy. When they impeach you for nothing, and you’re supposed to like them, it’s not easy, folks. I do my best,’ he said.

Donald Trump slammed Nancy Pelosi and Mitt Romney for using their faith to justify their actions in the impeachment trial and inquiry

Donald Trump slammed Nancy Pelosi and Mitt Romney for using their faith to justify their actions in the impeachment trial and inquiry

Speaker Nancy Pelosi sat on the opposite of the head table from President Trump

Speaker Nancy Pelosi sat on the opposite of the head table from President Trump

Speaker Pelosi sat grimed during President Trump's remarks

Speaker Pelosi sat grimed during President Trump’s remarks

President Trump addressed impeachment at the top of his remarks

Trump was acquitted on both articles of impeachment by the Senate on Wednesday, bringing to a close the fourth month, contentious process that led to a new level of bitter relations between the White House and congressional Democrats.

Harvard professor Arthur Brooks, in his key note address at the breakfast, urged those present not to hold political enemies in contempt, but to do as Jesus preached and ‘love your enemies.

‘I don’t know if I agree with you,’ Trump said to Brooks when it was his turn to speak. And then he proceeded to launch his attacks on Pelosi and Romney.

The president addressed the impeachment inquiry at the top of his remarks and, earlier, had triumphantly held up newspaper headlines announcing his acquittal. The audience cheered his move.

‘My family, our great country and your president has been put through a terrible ordeal by some very dishonest and corrupt people. They have done everything possible to destroy us and by so doing, very badly hurt our nation,’ Trump said.

‘They know what they are doing is wrong but they put themselves far ahead of our great country. Weeks ago and again yesterday, courageous Republican politicians and leaders had the wisdom, fortitude, and strength to do what everyone knows was right,’ he added.

The president and the speaker were meeting for the first time since the impeachment verdict at the National Prayer Breakfast Thursday morning.

Trump walked to the head table to applause and held up the front pages of USA Today and The Washington Post with their oversized headlines proclaiming his acquittal by the Senate.

‘Acquitted’ read USA Today. ‘Trump Acquitted’ was the Washington Post’s headline.

Pelosi stood and clapped as President Trump entered the room. She simply looked on as he displayed the newspapers declaring him acquitted.

President Trump waved around a USA Today headline proclaiming his acquittal on impeachment

President Trump waved around a USA Today headline proclaiming his acquittal on impeachment

He also waved the Washington Post front page

Speaker Pelosi spoke before President Trump at the breakfast

Speaker Pelosi led a prayer for the poor

Both the president and the speaker were seated at the head table but on opposite sides of the podium.

They did not interact.

Trump shook hands with his side of the head table when he entered the 68th Annual National Prayer Breakfast and did not walk over to the other side of the podium, where the vice president and the speaker were seated.

Pelosi spoke first, leading a prayer for the poor. The president head bowed during her prayer. He did not applaud when she was done.

Vice President Mike Pence, when he arrived ahead of the president, shook hands with the speaker and sat a few chairs down from her.

Several members of Congress and members of the president’s Cabinet attended the annual breakfast.

‘The lord works in mysterious ways. I do not think he could have picked a better day to bring us all together,’ House Republican Leader Kevin McCarthy said in his prayer.

The president thanked McCarthy and the breakfast hosts in his opening remarks.

Mitt Romney cited his faith as the reason for his guilty vote on Trump

‘Had failed presidential candidate @MittRomney devoted the same energy and anger to defeating a faltering Barack Obama as he sanctimoniously does to me, he could have won the election,’ the president tweeted.

Romney cited his faith as one of the reasons for his guilty vote. He voted to acquit the president on the second charge: obstruction of Congress.

‘The allegations made in the articles of impeachment are very serious. As a senator juror, I swore an oath before god to exercise impartial justice. I am profoundly religious. My faith is at the heart of who I am. I take an oath before god as enormously consequential. I knew from the outset that being tasked with judging the president, the leader of my own party would be the most difficult decision I have ever faced,’ Romney said.

And the Republican senator from Utah acknowledged he expected to feel the president’s wrath for his decision.

‘I’m aware that there are people in my party and in my state who will strenuously disapprove of my decision, and in some quarters I will be vehemently denounced. I’m sure to hear abuse from the president and his supporters. Does anyone seriously believe that I would consent to these consequences other than from an inescapable conviction that my oath before god demanded it of me?,’ he said.

It was also the first time Trump and Pelosi met since Tuesday’s State of the Union address when Trump refused to shake her hand at its beginning and she ripped up the text of his remarks at its conclusion.

After the president finished giving his annual address Tuesday night, Pelosi stood up and ripped the pages in half, dropping them on her desk.

The extraordinary clash between the two started when with Trump snubbed Pelosi’s outstretched hand after he came into the House chamber.

Trump handed Pelosi a copy of his speech when he reached the speaker’s dais – the same place she presided over his impeachment vote two months ago – but simply turned away as the Speaker took her copy of his speech, then stood in front of a chamber which echoed with cries of ‘four more years’ from Republicans – and where Democrats sat stone-faced.

Pelosi was visibly taken aback after Trump turned away from her offer.

House Speaker Nancy Pelosi ripped apart her copy of President Trump's State of the Union address after he finished speaking on Tuesday night

Earlier, Trump delivered an astonishing snub to Nancy Pelosi as he started his State of the Union speech Tuesday, ignoring her as she offered him a handshake

Earlier, Trump delivered an astonishing snub to Nancy Pelosi as he started his State of the Union speech Tuesday, ignoring her as she offered him a handshake

After the Senate acquitted the president on Wednesday, Pelosi said after the vote that the president remains a ‘threat’ that the House will continue to combat through its lawsuits against the administration and with the public.

‘Sadly, because of the Republican Senate’s betrayal of the Constitution, the President remains an ongoing threat to American democracy, with his insistence that he is above the law and that he can corrupt the elections if he wants to. The House will continue to protect and defend the checks and balances in the Constitution that safeguard our Republic, both in the courts of law and in the court of public opinion,’ she said in a statement.

DONALD TRUMP REMARKS ON IMPEACHMENT ACQUITTAL

Well, thank you very much.

Thank you. Thank you.

Wow.

Well, thank you very much, everybody. Wow. We’ve all been through a lot together. And we probably deserved that hand for all of us, because it’s been a very unfair situation. I invited some of our very good friends, and we have limited room, but everybody wanted to come. Kept it down to a minimum. Believe it or not, this is a minimum. But a tremendous thing was done over the last number of months. Really, if you go back to it, over the last number of years. We had the witch hunt, it started from the day we came down the elevator. Myself and our future first lady, who is with us right now.

Thank you, Melania.

And it never really stopped. We’ve been going through this now for over three years. It was evil, it was corrupt, it was dirty cops. It was a leakers and lawyers. This should never happen to another president, ever. I don’t know that other presidents would have been able to take it. Some people said no, they wouldn’t have. But I can tell you, at a minimum, you have to focus on this because it can get away very quickly, no matter who you have with you. It can get away very quickly. It was a disgrace. Had I not fired James Comey, who was a disaster, by the way, it’s possible I wouldn’t even be standing here right now. We caught him in the act. Dirty cops. Bad people. If this happened to President Obama, a lot of people would have been in jail for a long time already. Many, many years. I want to start by thanking some of — I call them friends because, you know, you develop friendships and relationships when you are in battle and in war, much more so than, “Gee, let’s have a normal situation.” With all we’ve gone through, I think we’ve done more than any president in any administration. Really, I say, for the most part, Republican congressmen and congresswomen and Republican senators — we’ve done more than any administration in the first few years. You look at all the things we’ve done. I watched this morning as they tried to take credit for the stock market.

Think of that. Let me tell you, if we didn’t win, the stock market would have crashed. The market was going up a lot before the election because it was looking like we had a good chance to win. It went up tremendously from the time we won the election to the time we took office, which was November 8th until January 20th. That’s our credit, that’s all our credit. Leading up to that point was our credit, because there was hope. One of the reasons the stock market has gone up so much in the last few days is people think we are doing so well. They liked the state of the union speech.

It really is, it’s a true honor. Making the state of the union speech, I was with some people who have been around. They’ve been all over the world. One of them is a highly sophisticated person. They said, “You know, no matter where you go in the world, it doesn’t make any difference. There is nothing like what I witnessed tonight. The beauty, the majesty of the chamber. The power of the United States. The power of the people in this room.” Really, amazing. I don’t think there’s anything like that anywhere in the world. You can go to any other country, any other location, any other place. It’s the beauty of everything. It’s what it represents, and how it represents our country. I want to start by introducing some of the people that are here. I know some are going to be left out, but they work so hard. And this is really not a news conference, it’s not a speech. It’s not anything, it’s just — we are sort of — it’s a celebration. Because we have something that just worked out. I mean, it worked out. We went through hell unfairly, did nothing wrong.

Did nothing wrong. I’ve done things wrong in my life, I will admit.

Not purposely, but I’ve done things wrong. This is what the end result is.

So… [holds up front page of The Washington Post] You can take that home. Honey, maybe we’ll frame it. The only good headline I’ve ever had on “The Washington post.”

But every paper is the same. Does anybody have those papers does anybody have them? They are like that. So I appreciate that. But some of the people here have been incredible warriors. They are warriors. There’s nothing from a legal standpoint — this is a political thing. Every time I say, “This is unfair, let’s go to court,” they say, “Sir, you can’t go to court, this is politics.” We were treated unbelievably unfairly. You have to understand, we first went through “Russia, Russia, Russia.” It was all bullshit.

We then went through the Mueller report. And they should have come back one day later. They didn’t, they came back two years later after lives were ruined. After people went bankrupt. After people lost all their money. People went to Washington to help other people. Bright eyed and bushy tail, they say they came, one or two or three people in particular. But many people, we had a rough campaign.

It was nasty. One of the nastiest, they say. They say Andrew Jackson was always the nastiest campaign. They actually said we topped it. It was nasty both in the primaries and in the election. But you see, we thought after the election it would stop. But it didn’t stop, it just started. Tremendous corruption. Tremendous corruption. So, we had a campaign — little did we know we were running against some very, very bad and evil people with fake dossiers, with all of these horrible, dirty cops that took these dossiers and did bad things. They knew all about it. The FISA courts, should be ashamed of themselves. It’s a very tough thing. And we ended up winning on the “Russia, Russia, Russia.” It should have taken the one day, it took years. Then Bob Mueller testified. That didn’t work out so well for the oversight.

But they should have said that first week, because it came out. Is that right, Jim Jordan? They knew the first two days, actually. Is that right? They knew we were totally innocent. But they kept it going, mark. The kept it going forever. Because they wanted to inflict political pain on somebody that — I had just won an election, a lot of people were surprised. We had polls that said we were going to win. We have the “Los Angeles times” were going to win. But it was going to be close. We did win. It was one of the greatest wins of all time. And they said, “Okay, he won.” I wrote this down because that was where a thing called an insurance policy — to me, when I saw the insurance policy, and that was done long before the election.

It was done when we thought Hillary Clinton was going to win. By the way, Hillary Clinton and the DNC paid for millions. Millions of dollars, the fake dossier. Now Christopher Steele admits that it’s a fake. Because he got sued by rich people. I should have sued him, too. But when you are president, people don’t like suing. I want to thank my legal team, by the way.

Not for that advice, but for other.

Pat, Jay, you guys, stand up.

Great job. Right at the beginning, they said, “Sir, you have nothing to worry about. All of the facts on your side.” I said, “You don’t understand, that doesn’t matter. That doesn’t matter.” And that was really true. They made up facts. A corrupt politician named Adam Schiff made up my statement to the Ukrainian president. He brought it out of thin air, just made it up. They say he’s a screenwriter, a failed screenwriter. Unfortunately he went into politics after that.

Remember, he said the statement? “Don’t call me, I’ll call you.” I didn’t say that. Fortunately for all of us here today and for our country, we had transcripts. We had transcribers, professional transcribers. Then they said, “Oh, well, maybe the transcription is not correct.” But Lieutenant Colonel Vindman and his twin brother, right? We had some people, really amazing. But we did everything. We said, “What’s wrong with that,” they didn’t at this word or that word. It didn’t matter. “At it.

They’re probably wrong, but added ” now everybody agrees they were perfectly accurate. Tim Scott — I don’t know if Tim is here, but he said, “Are –” he was the first want to call me. “Sir, I read the transcript. You did nothing wrong.” And, Mitch, he stayed there right from the beginning. He never changed. Mitch Mcconnell, I want to tell you. You did a fantastic job.

Somebody said, “You know, Mitch is quiet.” I said, “He’s not quiet. He’s not quite.”

He doesn’t want people to know him. And they said, “Is Mitch smart?” And I said, “Well, let’s put it this way. For many, many years, a lot of very smart — bad, in many cases, sometimes good — people have been trying to take his place. To the best of my knowledge, I’ve never even heard the subject come up, because they’ve been wiped out so fast.”

This guy is great and I appreciate Mitch. He has also given us 191, now. 191 federal judges. Two supreme court judges. Up to 191. Great guy. Great guy. He’s a tough guy to read. I’m good at reading people. A tough guy to read. I told him – my wife would say, “How do you do with Mitch?” And I’d say, “Uh, I don’t know.”

That’s what makes them good, when you can read somebody. Fantastic job. He understood right from the beginning this was crooked politics. This was crooked politics. How about all these people? They are running for office. They are saying the worst things about me, like eight senators on the democratic side. Most of them got wiped out. They got 1% or less. Most of them got less. They decided to go home. “Let’s go back to California. Let’s go back to –” wherever they came from. “Go back to New York.” How about that? Our New York Senator, Gillibrand. “Let’s go back to New York.” After they get nothing. Then they take an oath that they will be fair, that they will be reasonable come all the different things. They are not fair. But here’s the beauty, we have four left. They are saying the most horrendous things about me. It’s okay, it’s politics. And then they are supposed to vote! On me! They are trying to replace me, and then they are supposed to be voting. So I think — I mean, I think it’s incredible. So, Mitch, I want to thank you very much. Incredible. We have some of your folks here, they are incredible people. They’ve been great from the beginning. Again, you are out of session, unfortunately. I only told these folks, “Let’s do this today.” We did a prayer breakfast this morning. I thought that was really good. In fact, it was so good, it wiped us out. By the time we finished, this will wipe that one outcome of those statements.

I had Nancy Pelosi sitting four seats away and I’m saying things that a lot of people wouldn’t have said, but I meant everything.

I meant every word of it. We have some of the folks that are going to be leaving right after this. They work hard, and they did work hard. Though Bill Cassidy, senator, stand up, Bill. What a guy.

Great man. When I need to know about health insurance and pre-existing conditions and individual mandates, I called Bill.

Or I call Barrasso. Those two guys, they know more than anybody. A man who just became a senator. He’s a little bit like me. We have a couple of them. Very successful guy in business, and he said, “What the hell? I’ll run for the senate,” from Indiana. And he ran. I saw him on television, destroying his opponent in a debate. I said, “This guy could win.” I got behind him, and Mike Braun, you have done some great job. Thank you very much.

Tough! A man who got James Comey to choke. And he was just talking in his regular voice. He’s the roughest man — she’s actually an unbelievable — and I appreciate the letter you sent me today. I just got it. He’s got this voice that scares people.

You know, people from Iowa can be very tough. We are doing very well in Iowa, but I tell you, Chuck Grassley. “You tell me, what did you say,” he wasn’t being rough, that’s just the way he talked.

That’s when — I think that’s when Comey announced he was leaking, lying and everything else. He choked! Because he never heard anybody talk like that. I wish you got angry, you could have gotten the whole ball game. He would have said, “I give up!” Chuck Grassley is an incredible guy.

And a man who — you know, he was running against a tough, smart campaigner. We learned how good she was, right? She was a great campaigner. In fact, by the end of the campaign, I thought she was more for me than you were, Josh.

I was worried. She was saying the greatest things about me. You know I’m talking about I went to a great place, Missouri. And I said, “Who do you have to beat her?” And they said, “Well, we have four people.” I said, “Let me see them.” Can you imagine can make I’m interviewing people for the United States senate, this is what I do. Where have I gone? But I love it. We get great people. The first when I met with Josh Hawley. After about 10 minutes and said to the people, “Don’t show me anybody else, this is the guy.” He was the attorney general, ditto phenomenal job in the state. Highly respected. And Claire Mccaskill. The theory was you couldn’t beat her. Great campaign-the art. Remember last campaign, she was always going be taken up. People say, “How did that happen chemicals go it didn’t happen with him. I’m putting this in the archives is 1 of the best ads I’ve ever made. She tried to convince people we are best friends, but Josh ended up winning by five or six points. You are unbelievable, you were tough, and you are something. One of the greatest supporters of the impeachment hoax with Josh Hawley. He was incensed, actually. He was incensed at what they were doing and what they were doing. I had some who said, “I wish you didn’t make a call,” and that’s okay. If they need that. It’s incorrect. It’s totally incorrect. And you have some who used religion as a crutch. They never used it before… An article written today, “Never heard him use it before.” But today, it’s one of those things. It’s a failed presidential candidate, so things can happen when you fail so badly running for president.

But Josh Hawley, I want to thank you. You were right from the beginning. Man, did I make a good choice. Thank you, Josh. Tremendous future. A man who is brilliant, and who actually was deceived, to an extent. Comes from a great state, Utah, where my poll numbers have gone through the roof. And one of the senators’ poll numbers — not this one — went down big.

You saw that, Mike? Mike Lee is a brilliant guy. He’s difficult.

Whenever — we do sign a lot of legislation, it’s big and it’s powerful, but it sort of — everybody has to approve it. I see 99 to one. 99 to one. I say, “Don’t tell me who’s the one.”

“Is it Mike?” “Yes.”

And he always has a good reason for it, too come by the way but he is, he’s incredible. Right at the beginning, he knew we were right, Mike. I appreciate it very much. Fantastic. Say hello to the people of Utah, and tell them I’m sorry about Mitt Romney. I’m sorry. Okay?

We can say that Mike Lee is by far the most popular senator from the state. But you’ve done a fantastic job, Mike. In many ways. In many ways. A young woman who I didn’t know at all, but she has been so supportive. And I’ve had great support from other people in that state. She has been so supportive, and she has been downright nasty and mean about the unfairness to the president. Kelly Loeffler, I appreciate it very much. Thank you.

She started very early on. We have — I don’t know if we have other senators here, but we’ve got a hell of a lot of congressmen. I will go over them quickly. They’ve also been — it helped when we won, 197 to nothing. That’s got to be a first, Kevin, right? Is that, like, a first? Republicans have this image. I say Democrats are lousy politicians because they have lousy policy. Open borders, sanctuary cities. They have horrible policy. Who the hell can — oh, the new policy is raise taxes. They want to raise taxes. All my life, I wasn’t in politics, but I would say if you are a politician you say you want to lower taxes. They want to raise taxes. They have open borders, sanctuary cities, Reeser and Brady’s taxes, get rid of everybody’s health care, 180 million people in the United States — and they are really happy. And we are going to give you health care the cost more money if the country could make in 30 years if it does really well. That’s one year. I always said, they are. They do two things. They are vicious and mean. Vicious. These people are vicious. Adam Schiff is a vicious, horrible person. Nancy Pelosi is a horrible person. And she wanted to impeach a long time ago. When she said, “I pray for the president, I prefer the president.” She doesn’t pray. She may pray, but pray for the opposite.

They don’t pray at all. They do vicious — they stick to give it prehistorically. I’m not talking about now. They stick together like glue. That’s how they impeached, because they had whatever the numbers — 220 people. So they don’t lose anybody. They will be able to impeach anybody. You could be George Washington, you could have just won the war, and they would say, “Let’s get him out of office.

“They stuck together and they are vicious as hell. And they will probably come back for more, but they may not, because the Republican party’s poll numbers, Mitch, have now gone up more than any time, I think, since 2004 or 2005. You know what happened then. But in normal times, decades, you would call it — that was an unusual time. It was for a very short period. The Republican party’s poll numbers — and Donald Trump’s poll numbers of the highest I’ve ever had.

It’s no way to get your poll numbers up. Because from my family’s standpoint, it’s been very unfair for my family. It’s been very unfair to the country. Think of it. A phone call. A very good phone call. I know bad phone calls. This is a phone call where Merritt don’t like many people

— I think Mike Pompeo was probably on the call. Many people were on the call. They even have “Apprenti come” bring up a favorite word of my current apprentice. They have apprenti on this call. There many people. In the case of Ukraine, he’s a new president, seems like a very nice person, by the way. His whole thing was corruption. He’s going to stop corruption. We have a treaty, a signed treaty that we will work together to root out corruption in Ukraine. I probably have a legal obligation, Mr. Attorney, to report corruption. They don’t even think a corrupt way son who made no money, that got thrown out of the military, that had no money at all, is working for $3 million upfront, $83,000 a month. And that’s only Ukraine.

Then goes to China, picks up $1.5 billion. Then goes to Romania, I hear, and many other countries. They think that’s okay. Because, if it is, Ivanka in the audience? Boy, my kids could make a fortune.

It’s corrupt. But it’s not even that, it’s just general corruption. The other thing is mentioned in the call. Something I’ve told Mike Pence, our great vice president. I would tell him all the time, and I told him when he went on the trip. Because he was over there. He never mentioned anything about this, when you hide your meeting. It’s a terrible thing. I told Mike, I said, “Mike, we are giving them money, and you are always torn about that because we have our country to build. We have our cities to build and our roads to fix. But we are giving the money. Tell me, why isn’t Germany paying money? Why isn’t Frantz? Why isn’t the United Kingdom paying money? What aren’t they paying money? Why are we paying money? Is that the correct statement to find out what the hell is going on.” I told that all my people come on B. Asked that question. Why isn’t Germany paying? Why is the United States always the sucker?” Because we are a bunch of suckers. But that’s turning around fast. But it makes it harder when stuff like this happens. Because you want to focus, and you want to focus perfectly. Think we could have done, if the same energy was put into infrastructure, prescription drug prices. Think of what we could have done. And I’m now talking both sides. Think of what we could have done if we had the same genus. Because it’s genius. I will say, it’s genius on the other side. Maybe even more so, because they took nothing and brought me to a final vote of impeachment.

That’s a very ugly word to me. It’s a very dark word, very ugly. They took nothing. They took that phone call that was a totally appropriate call — I call it a perfect call, because it was — and they brought me to the final stages of impeachment. But now we have that gorgeous word. I never thought a word would sound so good. It’s called, “Total acquittal.” Total acquittal.

So, I want to come if I could real fast , just introduce a few of the people. I have to start with Kevin. Man, did you do a job. Lucky you are there. It wouldn’t have worked out. If you don’t have the right people, I tell you, Kevin McCarthy has done an incredible job. He loves his job, he loves his country. I’ll tell you what, Mitch and Kevin, they love what they do. Mitch wouldn’t even tell you he liked it.

Mitch, do you like it? “I don’t know.”

He’s the greatest poker player, right? And Kevin would say, “I love it.” Right? And I will say, you are going to be Speake of the house because of this impeachment hoax. And I’m going to work hard on it.

I’m going to try to get out to those trump areas that we won by a lot. You know, in ’18, we didn’t win back. We just won two seats in North Carolina. Two wonderful seats in North Carolina that were not supposed to be won. But I went and I made speeches, and we had rallies, and we did a great job and we won. We took two seats, nobody writes about that.

If we had lost them they would have been the biggest stories of the year. We are going to go, we are going to do a job, and we are going to enact a lot of seats. People are very angry that Nancy Pelosi and all of these guys — Nadler, I’ve known and much of my life. He has fought me in New York for 25 years. I always beat him. I had to beat him another time, and I will probably have to beat him again. If they find I happened to walk across the street and maybe go against the light or something, “Let’s impeach him!”

So I’ll probably have to do it again, because these people have gone stone cold crazy. But I’ve beaten him all my life and I will beat him again if I have to.

But what they are doing is very unfair. Very unfair. So, Kevin McCarthy has been great. So, a few names, right? If you want, you can raise and I will say, “Great, love to have you, wonderful.” But we will do the best we can. I have Mike evident but my cabin is different, I appoint them. I didn’t see all of them helping so much. They were running there, various bureaucracies. My cabinet is great and they are all here, but today is the day to celebrate these great warriors. They are great warriors, they really fought hard with us. Kelly Armstrong, North Dakota. Kelly, thank you, great job.

Jim Banks of Indiana. Jim, thank you, great job.

Andy Biggs. Where is Andy? Boy, oh, boy, Andy.

There’s a guy. He’s tough. I hear we are doing well in Arizona, huh? Going good, yeah? I saw a poll that was very good. For me. I think Martha is going to do — we have some states that are going to be not easy, but Arizona has been great and we are stopping illegal aliens from coming in.

We are putting up walls. New Mexico, too, the state that’s never been in play for Republicans, is totally in play. Nevada is really looking good. We are doing well. We are going to have a great — there is more spirit. I will say this, there is more spirit now for the Republican Party, by far, than the Democrats. Mike pence just got back from a place, a beautiful place that Chuck Grassley knows well. Iowa. And he was talking about this fiasco, the Democrats — they can’t count some simple votes, and yet they want to take over your health care system. Think of that. We also had an election out there, we got 98% of the vote. Have two people running, you know. I guess to consider them nonpeople, but they are running. One of them was the governor. One was a congressman. They are running. We’ve got 98% of the vote, and everybody from the media was saying, “Who are those crowds over there?” They expected to be competitive for everybody’s running because they want to enact. And it was Trump. Right, Mark Meadows? It was Trump. This was the trump crowd. Actually, a lot of my guys went there. They went to Iowa, and a lot of friends went there. They say the spirit for the Republican party right now is stronger, I think, than it’s ever been in the history of our country.

I think it’s stronger than it’s ever been. And that includes honest Abe Lincoln. A lot of people forget, Abe Lincoln — I wish you were here, I give him one hell of an introduction.

But he was a Republican. Abe Lincoln, honest Abe. Bradley Byrne, Alabama. What a great place.

Thank you, Bradley. A man who has been an unbelievable friend of mine and spokesman, and somebody who I really like.

And I know, Kelly, you are going to end up liking him a lot. Something’s going to happen that’s very good, I don’t know. I haven’t figured out yet. But Doug Collins. Where is he?

You have been so great. Thank you very much. Thank you very much. Thank you. Really, an amazing job. A young man who is born with a great gene, because I know his father and how great a politician he was. He’s from Florida. Sometimes controversial, but actually he’s not controversial. He’s solid as a rock and a friend of mine, Matt Gaetz. Thank you, Matt.

Great job. All right. This guy. So, he is the NCAA wrestling champion when he was in college a couple years ago. That’s a big deal. That means in all of college, you are a champ. You the best. His record was ridiculous, nobody could beat him. I see it, every time I see it. When I first get to know him, Jim Jordan, when I first got to know Jim I said, “Huh, never wears a jacket. What the hell is going on?”

He’s obviously very proud of his body.

And they say where he works out with the congressmen, senators, they say when Jim works out, even though he’s not as young as he was, when he works out, the machine starts burning. It’s a different form of a workout event us, right, sonny? There he is, look at that guy. One day and looking, he looks tough. I’m looking at those years. And I say, “Those years have something going on there.” I said, “Did you ever wrestle?” “I did.” He doesn’t talk, but I checked. This guy was a champion top wrestler.

When I had the top — I had all of the teams. By the way, your super bowl champions are coming. I think next week, or soon. Very soon. Every one of them want to be here. The coach loves us. The coach is great. Andy Reid.

Every one of them want to be here. People love it. But we had all of the NCAA championship teams here. They had the golf, the basketball, they had every team here. And one of the teams was wrestling. The wrestling team. Was that Penn state? And Penn state won the title, they have a great team. I walked up with Jim, and it’s like I didn’t exist.

Those wrestlers, they grabbed him, they love Jim Jordan, and we love you, too. Because you are some warrior.

A woman who became — we have a couple of women that became stars. You two. I always like the name, Lesko.” I so that face, I had the cards, seven opponents. You have no idea how much the public appreciates how smart, how sharp you are. This, I can’t tell. They just said, “You know, she’s really good, she’s really talented.” I said, “Let’s go.” We worked with her, she won her race. Tough race. It’s no longer tough. What she does out there is incredible. Arizona loves her. But you are so incredible, representing — I don’t see me, representing our country and getting us out of this impeachment hoax. We did was incredible. So, Debbie, please stand up. Debbie Lesko.

A man who I became very friendly with. I don’t know why. You ever have it where — I’ll ask the media. Certain people call, you take the calls. Other people call, if they don’t have information, they won’t take anybody’s call. Both are people call, and this is a guy who — he’s just a very special guy. His wife, I actually like better than him, to be honest.

Because he doesn’t know that I know that he didn’t actually support me right from the beginning, but she did.

And on my worst day — right? On my worst day, my worst, I won’t tell you why it’s my worst day, she got a bus, got many of the buses, and women all over well, Mark was sort of semi-supporting another candidate. Which he ended up leaving very quickly. I don’t think he had a choice, because of your wife. So thank her. Mark Meadows is an extra ordinary guy. The only problem is I guess he’s announcing that she would only win by 40 points, but he is announcing that he is not running this time. You have somebody good to run? Is somebody going to win your district by at least 20 points, please? Okay. But he’s a tremendously talented man. Not just as a politician, as a human being is incredible. And during these horrible times

— the way he worked, and Jim, and all of you guys, the way they worked was so — it was like their life was at stake. So many. Ron DeSantis is another one. He worked so hard. He called me, he said, “Sir, I would like to run for governor.” I said, “Governor? I don’t want you to run. I like you –” “No, I want to run for governor.” I said, “Well, if I have to. How can I support you, you are at three.” He had no money. Somebody else had $22 million in cash. I said, “If it’s important, I’ll do it.” These and great warrior. By the way, he ran, I endorsed him, his numbers went through the roof. The men who he beat, who was expected to win back easily, called me after the race. He said, “You endorsed him and it was like a nuclear bomb went off. There was nothing I could do.” He never even spent his money, he saved it. But Ron DeSantis is another one. And now he’s the governor of Florida. By the way, he’s a great governor. He is a very popular governor. His numbers are in the 70s, and he’s done a great job. But, mark, I want to thank you very much.

Fantastic job, thank you very much. Mark Meadows.

And Mike Johnson of Louisiana. Where’s Mike? Central casting, what a job. You can represent me any time. You can represent me anytime. Thank you. What a job you’ve done. Thank you, Mike. And a man nobody’s ever heard of except the other side. He’s the other side’s worst nightmare. This guy goes down into dungeons and basements, he will find a document no matter what. He’s the most legitimate human being, he’s the hardest worker. He’s unbelievable. He took tremendous abuse. The media, and the other side, the bad ones, the leakers, the liars, the dirty cops they, they want to destroy him. They tried, but he wouldn’t let it happen. In a certain way, he was the first one. Wouldn’t you say? This was the first guide. Came out of nowhere. He’s saying, “These people are corrupt.” He is still saying it. He was unbelievable. Devin Nunes. Unbelievable.

That’s so true, Devin. He would come in and say — I didn’t even know them. I just heard there was this congressman who just kept going into a basement come into files. He knew something was wrong. You felt it, right? Now we know a lot more than we knew then, right? You never thought it was as bad as it is, and hopefully we are going to take care of things, because we can never, ever allow this to happen again.

Scott Perry of Pennsylvania. Scott, thank you. Thank you, Scott. Really great. I’m doing very well over there, by the way. Just so you — a man who is — central casting, if I’m going to pick Perry mason, I’m going to do a remake of “Perry mason.” Other than Bill Barr, I would pick the sky. But I would pick Barr first. John Ratcliffe. If we were doing a remake of “Perry mason,” the man I get — there is nobody in Hollywood like this. John Ratcliff.

Such a great lawyer. Incredible guy, incredible talent. Just a great lawyer. We appreciate it. He gets on that screen and everybody says, “I agree.” The other side folds up so fast, we’ll probably be using a lot of you in the next year. We’ve been fantastic, John. We appreciate it. Thank you very much. I meant it was braver than me and braver than all of us in this room. He got whacked. He got whacked, my Steve. Right? I went to the hospital with our great first lady that night. Right, honey? We saw a man who was not going to make it. He was not going to make it. The doctor — I told him, his wife, I said, “She loves you.” “Why did you say that?” Because she was devastated. A lot of wives wouldn’t give a damn.

I would say, “How is he doing?” ?” She couldn’t even talk, she was inconsolable. “Not good.” “I’m going home now.”

She was a total mess. She was really devastated. It really looked like he had a 20, 25% chance — I think you set a record for blood loss. And Steve Scalise, actually — honestly, I think you’re a better looking, more handsome now. You weren’t that good looking, you look good now

He looks better now, can you believe it? I don’t know what the hell that is.

Better now.

What a guy. And he was practicing for the baseball game against the Democrats, right? And this whack job started shooting. Hurt Roger. I don’t know if Roger is here. Heard a heard a number of people. Steve was the second baseman. He went down, and it was terrible. I mean, I saw the whole thing, and it was terrible. Fortunately, you had to cope brave policeman with you because of your high position in congress. You had to policeman and they were amazing. A man and woman. They came in, they didn’t have rifles. They were supposedly against a pretty good sharpshooter with rifles, good equipment. All they had was a gun. They started coming in from the outfield, shooting. They are so far away, that a handgun is not preferred. This guy has a rifle, he’s hitting people, and he was going to move up, and there was no out. If he had been able to move up, there was no way to get out. The entrance was a single entrance way on the other side where he was. So everyone went into the dugout, ran into the dugout. But Steve was really hit badly in the stomach. With a bullet that rips you apart. It was supposed to do that, it rips you apart. These two people came, charging forward. Boom, boom, boom. And one of them — you know who? One of them, him, got the shooter. Hit him. And then got him.

Killed him. From long distance. It was amazing. If you didn’t have those two people, you could imagine. Right? You could imagine what would happen. Melania and I went to the hospital that night, and he was in such bad shape. He’s been working ever since, so hard. Six months ago, they had a baseball game at the national — I’m watching. It’s on television. It’s just. It’s a game, you want to win it. Right? Steve is second base. The poor guy can’t even walk. Do you remember Bobby Richardson for the New York Yankees? He was known for range, Louis. He had the greatest range. If the ball at the shortstop, Bobby Richardson is the second baseman. Bobby Richardson would feel the ball. If it went to first base, he was sure which first base and paint had unbelievable range. This was not Steve Scalise.

Steve had no range.

1 foot, and he has to fall down. Right? He was trying to get better. I don’t know who the hell put you on the field.

And this is a true story. The game starts, and the first pitch, Steve is standing there at second base and the guy is really in bad shape. And I said, “This is terrible.” A ground ball, shot, is hit to second. And Steve, I didn’t have time to think through much, but I said, “This is not good. That ball is going toward him.” And this guy stopped that ball, caught the ball. He’s now laying down. He throws the ball to first base, he gets them out. I said — it’s the most incredible thing. I’ve never seen it. I’ve never seen anything like it.

Right? And he gets him out, and they then took him out of the game. Which was a very wise thing.

Because you could ever do that again in a million years.

But you aren’t going to let that all go through — I don’t care if it was hit by the greatest of all time. Right? That ball is not going through you, because you are a warrior. Steve is fantastic. You are fantastic. You and Liz, Kevin, what a group. I mean, what a group. I got lucky. Because you need the right people. I fired the wrong people, it may be a different story. Maybe we’d be celebrating something else. But I really want to thank you. Steve Scalise. And Elise, you — I just read this story. Most incredible, what’s going on with you, Elise. I even said — I was up campaigning, helping. I thought, “She looks good, she looks like good talent.” But I didn’t realize, when she opens that mouth, you were killing them, Elise! You were killing them!

Elise, and there’s a big story in “The New York Post.” I love “The New York Post.” They treat me well. There aren’t many of you do, but today they are treating you well. I even had a great headline. “New York Times,” “Washington post.” I had all these great headlines. Maybe we should just send it right there. We had a great story yesterday in the post that people from all over the country are contributing to her campaign. They were so enthralled with the way you handled yourself. What you said, the way you said it. I’ll always be your friend. It’s really an amazing story. What a great future you have. What a great future, thank you.

The first lady agrees, by the way. The first lady agrees. And Michael turner, you can represent me any time. Where is Michael? Where is he? You can represent me. How good were you?

There’s another “Perry mason” type, I think.

What do you think, John? Michael, you are fantastic, and we appreciate it. Brad Wenstrup. Where is Brad?

Brad. Great, great job. It’s a big day. All the lawyers stayed behind. Lee Zeldin, how good are you?

How good are you? Man. And Louis, your name — they didn’t give me your name. If I didn’t announce Louie — whoever the hill made this list, I’ve got to get rid of them. If I wouldn’t have announced Louie, it might have been the end of the presidency. Louie, you have been so great. So tough and so smart. I got it. But Louie has been amazing. He’s a tough guy, a smart guy. He’s streetwise like crazy. We love Texas. We are with you all the way, Louie. We are with you all the way. Thank you very much.

So that’s the story. We have a great group of warriors, and there are others left. I guess, probably — I’m sure I didn’t mention a few. I apologize if that’s the case. How is CPAC doing, good? Stand up, will you? He’s the one who said, “You should run.”

Right? Matt said — it’s like five years ago, six years ago. I made a speech, and then they do some kind of a straw poll. Who made the best speech? And he said I made the best speech, out of all these professionals — I hate to say this, with all these professional politicians, they voted that by far the best speech was trump. He calls me and said, “We should run for politics.” I said, what do I know about politics,” we learned quickly at our country has ever done better than it’s doing right now.

But thank you, Matt.

So that’s the story. Even treated very unfairly. Fortunately we have great men and women that came to our defense. If we didn’t, this would have been a horrific incident for our country. When you have Lisa and Peter, the lovers, the FBI lovers.

I want to believe the path you threw out for deputy director Andrew McCabe. That’s the office. There’s no way he gets elected, meaning me. “There’s no way he gets elected.” This is Peter to Lisa. He’s probably trying to impress her, for obvious reasons.

“There’s no way he gets elected. But I’m afraid we can’t take the risk.” Think of this. In other words, if I get elected, they can’t — they, two lowlifes, they can’t take the risk. Think of it. That’s where it came up. The greatest word of all, “Insurance policy.” But he says, “I’m afraid we can’t take the risk. She may lose.” “It’s like an insurance policy, in the unlikely event you die before your 40. In other words, if I won, they were going to do exactly what they did to us. They were going to try and overthrow the government of the United States. A duly elected president. If I didn’t fire James Comey, we would have never found this stuff. Because when I fired that sleazebag, all hell broke out. They were ratting on each other, they were running for the hills. Let’s see what happens. Let’s see what happens. It’s in the hands of some very talented people. We are going to have to see what happens.

But I can tell you, in my opinion, these are the crooked-est, most dishonest, dirtiest people, I’ve seen. They said — this is Strzok — “God, who were he should win, 100 million to one.” This is about me. This is an agent from the FBI. Look how they let her off. 33,000 emails, deleted. Nothing happens to her. Nothing happens. It’s unbelievable. But think of that read “God, Hillary should win.” These guys are investigating Hillary. They go to work for Mueller, the two of them. And when Mueller found out that everybody knew that they were 100% this way, he let them go. But they deleted all of their emails and text messages. So when we got the phone, they were all deleted. Could you imagine the treasure trove? Of the illegally deleted so they left, Bob Mueller, he had to look but he didn’t have a lot of other things. Always had to look. Mr. G-man. I love the FBI and the FBI loves me, 100%. It was the top scum, and the FBI people don’t like the top scum. So think of that, 100 million, he’s investigating me. And then, “God, trump is a loathsome human being, isn’t he?” These are the people looking at me. I’m really not a bad person. And Page said , “Yes, he’s awful.” How would you like to have that? This is the good stuff. This stuff, there’s stuff 100 times worse than that. These are all dirty people. And now I just heard that they are suing the United States of America. Because they were interfered with.

Just not going to let it happen “We cannot let this happen to our country.

So, I’m going to leave now. I don’t know if any of you have anything to say. You could say it, but this is sort of a day of celebration, because we went through hell. I’m sure that Pelosi and Crying Chuck — the only time I ever saw him cry was when it was appropriate. I’ve known them for a long time. Crying Chuck. I’m sure they will try and cook up other things that go through the state of New York. Other places. They will do whatever they can. Instead of wanting to heal our country and fix our country, all they want to do, in my opinion, it’s almost like they want to destroy our country. We can’t let it happen. Jim Jordan, did you want to say something cannot go ahead. Mark Meadows? Huh? My?

[Mark Meadows comment: I just want to say that this reflection today is a small reflection of the kind of support you have all across the country.]

This was a highly partisan situation. Pelosi said — I copied it down exactly. Before the impeachment. She wanted to impeach from day one, by the way. Don’t let it fool you. “No, impeachment is a very serious thing.” I said, “She wants to impeach, watch.” “The impeachment is so divisive to the country that unless there is something so compelling and so overwhelming and bipartisan.” Bipartisan? It was 170 to nothing. The one failed presidential candidate, and I call that half of the vote because he actually voted for us on the other one.

But we had one failed presidential candidate. That’s the only half of what we lost. So, we had almost 53 to nothing. We had 197 to nothing. And the only one that voted against was a guy that can’t stand the fact that he ran one of the worst campaigns in the history of the presidency. But she said, “It has to be something so compelling and so overwhelming and bipartisan.” “I don’t think we should go down that path, because it divides the country.” She was right about that. “And it’s just not worth it.” That was Nancy Pelosi a year ago. I think it’s a shame. I think it’s a shame. As I said, if we can put this genius to work on roads and highways and bridges and all of the things we can do, prescription drugs. You know, we had — secretary Azar is here, and I want to thank you for this — we had the first time in 51 years where drug prices actually came down last year. First time in 51 years. We can do working with both parties in congress would be unbelievable. It would be unbelievable. All we can do. I know Chuck Grassley is working very hard on it, and Mitch is working very hard on it. We can do is incredible. What we can do just generally. We’ve done so much without it. We rebuilt our military, we’ve cut regulations at a level that nobody thought possible. We will always protect our second amendment, we all know that. I just want to tell you that it’s an honor to be with you all.

I want to apologize to my family for having them have to go through a phony, rotten deal by some very evil and sick people. And Ivanka is here, my sons, my whole family. And that includes Barron. He’s up there, he’s a young boy. Stand up, honey. Ivanka, thank you, honey.

I just want to thank my family for sticking through it. This was not part of the deal. I was going to run for president, and if I won, I was going to do a great job. I didn’t know I was going to run and then when I got in I was going to have to run again and again and again. Every week, I had to run again. That wasn’t the deal, but they stuck with me. I’m so glad I did it, because we are making progress and doing things for our great people that everybody said couldn’t be done. Our country is thriving, our country is just respected again. And it’s an honor to be with the people in this room. Thank you very much, everybody. Thank you. Thank you very much. Thank you.

https://www.dailymail.co.uk/news/article-7974859/Trump-goes-leakers-liars-acquitted.html

Story 3: DNC Chair Demands Iowa Recheck The Vote Count and Bernie Sanders Won By More Than 8,000 — Videos

DNC chair calls for Iowa to recanvass caucus vote, says ‘enough is enough’

The results of Monday’s Iowa caucuses were delayed after there were problems with a smartphone app.
Image: Tom Perez

Tom Perez, chairman of the Democratic National Committee, speaks on stage ahead of the fourth Democratic primary debate at Otterbein University in Westerville, Ohio, on Oct. 15, 2019. Saul Loeb / AFP via Getty Images file.Saul Loeb / AFP via Getty Images file

By Phil Helsel

Democratic National Committee Chair Tom Perez is calling on Iowa Democratic officials to immediately recanvass Monday’s caucus vote after days of uncertainty and growing concerns about “inconsistencies” found in the data.

“Enough is enough,” Perez said in a tweet. “In light of the problems that have emerged in the implementation of the delegate selection plan and in order to assure public confidence in the results, I am calling on the Iowa Democratic Party to immediately begin a recanvass.”

A recanvass is essentially a double-checking of the vote. Iowa officials would have to hand -audit the caucus worksheets and reporting forms to ensure that they were correctly calculated and reported.

In a statement released later Thursday, Iowa Democratic Party Chair Troy Price did not address the request from Perez and instead said that the party would take on a recanvass if any of the presidential campaigns request it.

“We owe it to the thousands of Iowa Democratic volunteers and caucusgoers to remain focused on collecting and reviewing incoming results,” Price said, noting that officials “identified inconsistencies in the data and used our redundant paper records to promptly correct those errors. This is an ongoing process in close coordination with precinct chairs, and we are working diligently to report the final 54 precincts to get as close to final reporting as possible.”

As of Thursday morning, former South Bend, Indiana, Mayor Pete Buttigieg was clinging to the narrowest of leads in Iowa over Sen. Bernie Sanders, I-Vt., with 97 percent of the caucus vote released.

Buttigieg was at 26.2 percent and Sanders had 26 percent, with Sen. Elizabeth Warren, D-Mass., running behind the pair of leaders at 18.2 percent. Former Vice President Joe Biden had 15.8 percent, Sen. Amy Klobuchar, D-Minn., at 12.2 percent and other candidates were in low single digits.

Sanders told reporters Thursday that he is not concerned about the DNC’s call for a recanvassing.

“We won an 8-person election by some 6,000 votes,” Sanders said. “That is not going to change.”

Klobuchar told NBC News on Thursday that she supported the process.

“You have to make sure that every single vote was counted,” she said. “Sometimes in caucuses things can be close.”

Iowa Democratic caucus results are not actual votes cast. The percentages, based on partial returns of the estimated number of state convention delegates won by each candidate through the caucus process, are known as state delegate equivalents, or SDEs.

The totals were put out by the Iowa Democratic Party over the past two days after chaos over the caucuses Monday night. More data may be released Thursday.

NBC News has not called a winner in the first-in-the-nation contest.

In addition to the estimates of convention delegates, the Iowa Democratic Party also released two other numbers:

In voters’ initial candidate preference at the caucuses, Sanders had 24.7 percent, or 42,672 votes, and Buttigieg took 21.3 percent, or 36,718 votes.

In voters’ reallocated preference, Sanders had 26.5 percent, or 44,753 votes, and Buttigieg had 25 percent, or 42,235 votes. The reallocated preference is the raw tally taken after the caucus process known as realignment. If a caucusgoer’s initial candidate preference did not receive enough support to meet the precinct location’s viability threshold (15 percent in most caucus locations), the caucusgoer is allowed to shift his or her support — or realign — to another candidate who did attain viability.

Results from the contest were delayed by what organizers said was a problem with a smartphone app. Final tallies had been expected that evening, but instead, partial results were released Tuesday and the remainder Wednesday.

Nevada’s Democratic Party, which had planned to use the app for its Feb. 22 caucus, said a day after the fiasco in Iowa that it would not use the app after all. The state’s Democratic Party said Tuesday that it had previously developed backup plans for its reporting systems and was in the process of “evaluating the best path forward.”

Cybersecurity experts who examined a public version of the smartphone app told NBC News it contained technical and design flaws and appeared to have been rushed into use.

Caucusgoers gathered Monday at nearly 1,700 sites across Iowa to tally support for their preferred candidates. As the delay stretched on into Tuesday, candidates came out to give speeches that sounded a lot like declarations of victory despite no numbers to support or refute them.

The state has 41 pledged delegates up for grabs, and the high-stakes contest traditionally plays a major role in determining who is a legitimate contender in the race.

Even with only a little more than 90 percent reporting in Iowa, Buttigieg on Wednesday night continued to tout the caucus as a win, telling a New York fundraiser that “we remain in the lead.”

“There is just no question that Monday in Iowa represents an astonishing victory for our vision, for our candidacy and for this country,” the former South Bend, Indiana, mayor said according to a pool report.

https://www.nbcnews.com/politics/2020-election/buttigieg-sanders-neck-neck-iowa-nearly-all-votes-reported-n1131261

Story 4: Americans Satifaction With Life Highest in Forty Years and With Economy Highest in 20 Years — Gallup Poll — Videos

New High of 90% of Americans Satisfied With Personal Life

New High of 90% of Americans Satisfied With Personal Life

STORY HIGHLIGHTS

  • Americans’ satisfaction with personal life highest in four-decade trend
  • Two in three Americans say they are very satisfied, also a new high
  • High-income households, Republicans, married adults the most satisfied

WASHINGTON, D.C. — Nine in 10 Americans are satisfied with the way things are going in their personal life, a new high in Gallup’s four-decade trend. The latest figure bests the previous high of 88% recorded in 2003.

Line graph. Americans’ satisfaction with their personal lives, 1979-2020.

These results are from Gallup’s Mood of the Nation poll, conducted Jan. 2-15, which also recorded a 20-year high in Americans’ confidence in the U.S. economy. The percentage of Americans who report being satisfied with their personal life is similar to the 86% who said in December that they were very or fairly happy — though the happiness figure, while high, is on the low end of what Gallup has measured historically for that question.

Despite some variation, solid majorities of Americans have reported being satisfied with their personal life over the past few decades, with an average of 83% satisfied since 1979. The historical low of 73% was recorded in July 1979, as the effects of that year’s oil crisis took a toll on U.S. motorists. During that poll’s fielding dates, then-President Jimmy Carter delivered his “malaise speech,” which was interpreted by some as placing blame on Americans themselves for the rough economic spot the country was in.

2019 survey on 10 aspects of Americans’ lives found that they are most satisfied with their family life, their education and the way they spend their leisure time — and least satisfied with the amount of leisure time they have, their household income and their job.

Two in Three ‘Very’ Satisfied With Direction of Personal Life

Gallup has asked a follow-up question since 2001 to measure the extent to which Americans are satisfied or dissatisfied with their personal life. The 65% of U.S. adults who are currently “very satisfied” marks a new high in the two-decade trend.

The more nuanced satisfaction ratings reveal that the relatively small four-percentage-point drop in personal satisfaction from 2007 to 2008 — as the global economic crisis unfolded — obscured greater movement (12 points) in the percentage “very” versus “somewhat” satisfied.

Line graph. Americans’ level of satisfaction with their personal life, 2001-2020.

Income, Political Party, Marital Status the Biggest Factors in Satisfaction

Household income, political party affiliation and marital status are associated with the largest subgroup differences in Americans’ satisfaction with their personal life.

Roughly 95% of Americans who live in high-income households, who identify as Republicans and who are married say they are satisfied with their personal life — and about three in four among each of these groups are very satisfied.

Meanwhile, adults in low-income households are the least likely to say they are satisfied with their life, followed by Democrats and unmarried adults. Among each of these groups, small majorities report being very satisfied. Low-income Americans hold the distinction of having the lowest percentage very satisfied.

Smaller differences in personal satisfaction are seen by race and gender. Whites are a bit more likely than nonwhites to say they are satisfied (92% vs. 86%, respectively) or very satisfied (67% vs. 59%) with their personal life. And men report slightly higher levels of satisfaction than do women.

U.S. Satisfaction With Personal Life, by Subgroup
Ranked by % Satisfied
Satisfied Very satisfied
% %
$100,000+ 96 76
Republicans 93 80
Married 93 74
College graduate only 93 71
Men 92 67
Postgraduate 92 66
Age 18-34 92 62
$40,000-<$100,000 92 66
Whites 92 67
Age 55+ 90 67
Have children under 18 90 68
Have no children under 18 89 64
Some college 89 63
Independents 89 60
Age 35-54 87 63
High school or less 87 62
Women 87 63
Nonwhites 86 59
Unmarried 86 56
Democrats 86 56
<$40,000 80 54
GALLUP, JAN. 2-15, 2020

Bottom Line

It’s likely no coincidence that Americans’ heightened satisfaction with their personal life comes as confidence in the U.S. economy and their personal finances are also at long-term or record highs. That two in three Americans are very satisfied is reflective of this upbeat moment in time, and whether these sentiments carry through the coming decade will be something to watch.

The vast majority of Americans in all major demographic and political subgroups are content with the way their lives are going, but the additional question on how satisfied they are provides more insight. Some groups — wealthier households, Republicans, married people — report especially high levels of satisfaction, while lower-income Americans, Democrats and those who are unmarried report more tepid satisfaction.

View complete question responses and trends.

https://news.gallup.com/poll/284285/new-high-americans-satisfied-personal-life.aspx

 

 

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The Pronk Pops Show 1382, January 22, 2020, Story 1: The American People and Electoral College Not Congress Will Decide The Winner of The 2020 Presidential Election — Trump Should Win In A Landslide Victory — Do Not Be Surprised When Trump Wins A Majority of The Votes With 70 Million Plus Popular Votes and 330 Plus Electoral College Votes —  Elections and Impeachments Have Consequences — Over And Over — Long and Winding Road — All By Myself –My Way — Videos — Story 2: Chinese Communist Coronavirus Coming To A City Near You — Arrives in United States — Are You Scared Yet? — Videos —

Posted on January 24, 2020. Filed under: 2020 Democrat Candidates, 2020 President Candidates, 2020 Republican Candidates, Addiction, Addiction, American History, Bernie Sanders, Blogroll, Breaking News, Bribery, Budgetary Policy, Cartoons, Congress, Constitutional Law, Corruption, Countries, Crime, Culture, Defense Spending, Diet, Disasters, Diseases, Donald J. Trump, Donald J. Trump, Eating, Economics, Education, Elections, Elizabeth Warren, Employment, Environment, Exercise, Fiscal Policy, Flu, Foreign Policy, Freedom of Religion, Freedom of Speech, Government, Government Dependency, Government Spending, Health, Health Care, Health Care Insurance, High Crimes, History, House of Representatives, Housing, Human, Human Behavior, Impeachment, Independence, Labor Economics, Language, Law, Life, Media, Medicare, Mike Pompeo, Monetary Policy, Music, National Interest, News, People, Philosophy, Photos, Politics, Polls, Progressives, Public Corruption, Public Relations, Radio, Raymond Thomas Pronk, Subversion, Tax Policy, Trade Policy, Treason, Ukraine, United States of America, Welfare Spending | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

 

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The Pronk Pops Show Podcasts

Pronk Pops Show 1382 January 22, 2020

Pronk Pops Show 1381 January 21, 2020

Pronk Pops Show 1380 January 17, 2020

Pronk Pops Show 1379 January 16, 2020

Pronk Pops Show 1378 January 15, 2020

Pronk Pops Show 1377 January 14, 2020

Pronk Pops Show 1376 January 13, 2020

Pronk Pops Show 1375 December 13, 2019

Pronk Pops Show 1374 December 12, 2019

Pronk Pops Show 1373 December 11, 2019

Pronk Pops Show 1372 December 10, 2019

Pronk Pops Show 1371 December 9, 2019

Pronk Pops Show 1370 December 6, 2019

Pronk Pops Show 1369 December 5, 2019

Pronk Pops Show 1368 December 4, 2019 

Pronk Pops Show 1367 December 3, 2019

Pronk Pops Show 1366 December 2, 2019

Pronk Pops Show 1365 November 22, 2019

Pronk Pops Show 1364 November 21, 2019

Pronk Pops Show 1363 November 20, 2019

Pronk Pops Show 1362 November 19, 2019

Pronk Pops Show 1361 November 18, 2019

Pronk Pops Show 1360 November 15, 2019

Pronk Pops Show 1359 November 14, 2019

Pronk Pops Show 1358 November 13, 2019

Pronk Pops Show 1357 November 12, 2019

Pronk Pops Show 1356 November 11, 2019

Pronk Pops Show 1355 November 8, 2019

Pronk Pops Show 1354 November 7, 2019

Pronk Pops Show 1353 November 6, 2019

Pronk Pops Show 1352 November 5, 2019

Pronk Pops Show 1351 November 4, 2019

Pronk Pops Show 1350 November 1, 2019

Pronk Pops Show 1349 October 31, 2019

Pronk Pops Show 1348 October 30, 2019

Pronk Pops Show 1347 October 29, 2019

Pronk Pops Show 1346 October 28, 2019

Pronk Pops Show 1345 October 25, 2019

Pronk Pops Show 1344 October 18, 2019

Pronk Pops Show 1343 October 17, 2019

Pronk Pops Show 1342 October 16, 2019

Pronk Pops Show 1341 October 15, 2019

Pronk Pops Show 1340 October 14, 2019

Pronk Pops Show 1339 October 11, 2019

Pronk Pops Show 1338 October 10, 2019

Pronk Pops Show 1337 October 9, 2019

Pronk Pops Show 1336 October 8, 2019

Pronk Pops Show 1335 October 7, 2019

 Pronk Pops Show 1334 October 4, 2019

Pronk Pops Show 1333 October 3, 2019

Pronk Pops Show 1332 October 2, 2019

Pronk Pops Show 1331 October 1, 2019

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Story 1: The American People and Electoral College Not Congress Will Decide The Winner of The 2020 Presidential Election — Trump Should Win In A Landslide Victory — Do Not Be Surprised WhenTrump Wins A Majority of The Votes With 70 Million Plus Popular Votes and 330 Plus Electoral College Votes —  Elections and Impeachments Have Consequences — Over And Over — Long and Winding Road — All By Myself — I DID IT MY WAY — Videos —

U.S. Senate: Impeachment Trial (Day 3)

Impeachment Trial: Watch LIVE Senate Impeachment trial of President Donald Trump day two

Impeachment Trial: Watch LIVE Senate Impeachment trial of President Donald Trump day two

Tucker: Schiff relishes his turn in the spotlight

Jim Jordan blasts Schiff’s speech: The American people aren’t buying it

Trey Gowdy blasts Schiff’s arguments as ‘wildly stupid trial strategy’

Collins Joins Sean Hannity to Talk Senate Impeachment Trial

January 22, 2020: Senator Tom Cotton Joins the Ingraham Angle

Mark Levin Delivers His Opening Statement on Impeachment to Senate | LevinTV

Giuliani: I can’t sit by and watch my country be sold out by Joe Biden

Giuliani breaks his silence: Responds to accusations from Lev Parnas

Lindsey Graham talks impeachment, Hunter Biden, and Burisma

Swamp Watch: The Biden family

Biden sidesteps questions about son’s foreign work

Hannity: Biden Inc. has been exposed

Joe Biden Brags about getting Ukranian Prosecutor Fired

Hunter Biden defends ethics of foreign ventures l ABC News

Biden’s Ukraine Scandal Explained I Glenn Beck

JOE BIDEN CAMPAIGN: Threatens Journalists to Deny Corruption in Ukraine, Argues JJMalpractice

Glenn Beck Presents: Ukraine, The Democrats’ Russia

Glenn Beck Presents: The Democrats’ Hydra

Over And Over Dave Clark Five HQ {Stereo}

The Beatles-The Long And Winding Road -Rare

Eric Carmen – All By Myself (1976)

FRANK SINATRA I DID IT MY WAY

My Way

And now, the end is near
And so I face the final curtain
My friend, I’ll say it clear
I’ll state my case, of which I’m certain

I’ve lived a life that’s full
I’ve traveled each and every highway
But more, much more than this
I did it my way

Regrets, I’ve had a few
But then again, too few to mention
I did what I had to do
And saw it through without exemption

I planned each charted course
Each careful step along the byway
And more, much more than this
I did it my way

Yes, there were times, I’m sure you knew
When I bit off more than I could chew
But through it all, when there was doubt
I ate it up and spit it out
I faced it all and I stood tall
And did it my way

I’ve loved, I’ve laughed and cried
I’ve had my fill my share of losing
And now, as tears subside
I find it all so amusing

To think I did all that
And may I say – not in a shy way
Oh no, oh no, not me
I did it my way

For what is a man, what has he got
If not himself, then he has naught
To say the things he truly feels
And not the words of one who kneels
The record shows I took the blows
And did it my way

Yes, it was my way

Writer/s: Claude Francois, Gilles Thibaut, Jacques Revaux, Paul Anka
Publisher: JEUNE MUSIQUE EDITIONS, BMG Rights Management, CONCORD MUSIC PUBLISHING LLC
Lyrics licensed and provided by LyricFind

Frank Sinatra, My Way, With Lyrics

Impeachment Doesn’t Require a Crime

President Donald Trump talks with reporters next to Senate Majority Leader Mitch McConnell and Sen. Roy Blunt as he arrives for a closed Senate Republican policy lunch on Capitol Hill, March 26, 2019. (Brendan McDermid/Reuters)

Senate Republicans, by and large, have reached an unspoken consensus about President Trump and Ukraine. He should not have put a temporary freeze on congressionally authorized aid to Ukraine, should not have dabbled with using the aid to get Ukraine to investigate Joe Biden or a nutty theory about Ukrainian hacking during the 2016 election, and should not have kept defending his “perfect call” as such. At the same time, his conduct does not merit his removal from office — especially since voters will get to pass judgment on that conduct in a few months.

Hence the claim now being advanced half-heartedly by Republicans that presidents cannot be impeached for any abuse of power unless that abuse took the form of a criminal violation of a statute. The consensus of those who have studied this question is to the contrary. Jonathan Turley, the Republicans’ star witness in the House hearings about the constitutional issues raised by impeachment, has repudiated this view. Attorney General William Barr has in the past denied it. The Founding-era debates about impeachment are clear that Congress was to be able to remove a president from office if he had exercised his legal powers in an abusive way. One example that came up during those debates: What if the president tacitly encouraged a crime and then pardoned the perpetrator? The pardon power is arguably unreviewable, and certainly very nearly so. It was left to the judgment of a majority of the House and a supermajority of the Senate, as always under the supervision of the voters, whether a president’s conduct had rendered his continuation in office intolerable.

Attempts to impeach presidents have thus frequently combined charges of crimes with charges of non-criminal abuses. A categorical denial of the latter class of charge would do violence to the Constitution and one of its checks on presidential misconduct. Republicans would be better off arguing that in this case the president’s behavior, while objectionable, should be left, as scheduled, to the judgment of the voters directly — an argument that already has the support of most voters in polls and accords with Senate Republicans’ actual beliefs. There is no need for constitutional contortions.

https://www.nationalreview.com/2020/01/impeachment-doesnt-require-a-crime/

National Review Calls Out ‘Embarrassing’ Pro-Trump Arguments in Scathing Op-Ed: ‘Impeachment Doesn’t Require a Crime

A very common refrain among loyal defenders of President Donald Trump amid the current impeachment proceedings is that, because there was no crime committed, he cannot be removed from office. It is a rather shockingly simple defense that parades one’s middle school level of understanding of the Consitution or is a willfully misleading take designed to misinform the misinformable.

Enter conservative thought leader National Review into this strange legal defense phenomenon, to publish a remarkably banal take in the form of a scathing Op-Ed that rather embarrasses Trump’s loyal defenders. It’s banal not because of National Review’s editorial wisdom, but because we sadly find ourselves in a political moment when even the banalest takes need to be said.

Editors behind the column say of this “no-crime” defense: “Instead of sticking to the most defensible case for a Senate acquittal of Trump, Republicans from the president on down are making arguments that range from the implausible to the embarrassing.”

The op-ed features a remarkably effective, if not on-the-nose, headline “Impeachment Doesn’t Require a Crime” which features the following nut graf:

Hence the claim now being advanced half-heartedly by Republicans that presidents cannot be impeached for any abuse of power unless that abuse took the form of a criminal violation of a statute. The consensus of those who have studied this question is to the contrary. Jonathan Turley, the Republicans’ star witness in the House hearings about the constitutional issues raised by impeachment, has repudiated this view. Attorney General William Barr has in the past denied it. The Founding-era debates about impeachment are clear that Congress was to be able to remove a president from office if he had exercised his legal powers in an abusive way. One example that came up during those debates: What if the president tacitly encouraged a crime and then pardoned the perpetrator? The pardon power is arguably unreviewable, and certainly very nearly so. It was left to the judgment of a majority of the House and a supermajority of the Senate, as always under the supervision of the voters, whether a president’s conduct had rendered his continuation in office intolerable.

The National Review editors don’t so much chide Republicans for what seems a foolhardy errand of alleging the “no-crime” defense, but rather it arrives at a rather thoughtful suggestion that Republicans would be better served by arguing that President Trump’s behavior, while objectionable, should be left to voters.

Attempts to impeach presidents have thus frequently combined charges of crimes with charges of non-criminal abuses. A categorical denial of the latter class of charge would do violence to the Constitution and one of its checks on presidential misconduct. Republicans would be better off arguing that in this case the president’s behavior, while objectionable, should be left, as scheduled, to the judgment of the voters directly — an argument that already has the support of most voters in polls and accords with Senate Republicans’ actual beliefs. There is no need for constitutional contortions.

https://www.nationalreview.com/2020/01/impeachment-doesnt-require-a-crime/?utm_source=CNN+Media%3A+Reliable+Sources&utm_campaign=758cde2d36-EMAIL_CAMPAIGN_2018_09_11_04_47_COPY_01&utm_medium=email&utm_term=0_e95cdc16a9-758cde2d36-83150969

Trump accuses Adam Schiff of ‘making up’ conversation with Ukraine

Schiff slammed for ‘parody’ of Trump call transcript

WATCH: Rep. Adam Schiff’s full opening statement on whistleblower complaint | DNI hearing

Rep. Adam Schiff, D-Calif., the chair of the House Intelligence Committee, questioned Director of National Intelligence Director Joseph Maguire’s handling of a whistleblower complaint involving a phone call between Donald Trump and Ukraine’s president. In his opening statement during a hearing featuring Maguire, Schiff emphasized the need for whistleblower complaints to be presented to Congress to prevent leaking, which Schiff said would threaten U.S. national security. Schiff later admitted that he included words in his opening statement that the president did not say, noting that his characterization was meant to be taken “at least, in part, in parody.”

Trump claims Schiff ‘helped write’ whistleblower complaint

What is CrowdStrike, the Cybersecurity Firm Mentioned in Trump’s Ukraine Call?