A growing scene for those who venture out into the streets of Manhattan these days is boarded up storefronts. From luxury retailers to small bars, establishments that have no idea when they are going to be allowed to reopen are putting up protection over their glass doors and windows.
The businesses have taken the unsightly measure in an effort to defend against the potential for civil unrest caused by the coronavirus and a lack of officers on the streets.
Mayor Bill de Blasio ordered bars and restaurants closed except for takeout service in mid-March. Most stores were also ordered to shut down.
Now, from Lower Manhattan to the Upper East Side, outlets are boarded up. At least a few have offered makeshift messages of hope.
Gun sales exploded across the United States as the coronavirus pandemic spread, with retailers experiencing the highest sales volume in recorded history.
More than 2.5 million guns were sold in March as fears over the effects of the coronavirus spread, according to an analysis of FBI background check data released Wednesday by Small Arms Analytics and Forecasting (SAAF). The buying craze marked the busiest month on record for gun stores, even as some faced shutdown orders from state and local authorities. The record-setting monthly sales nearly doubled the 1.4 million guns sold in March 2019.
House Speaker Nancy Pelosi (D., Calif.) announced the formation of a new coronavirus oversight committee led by House Majority Whip Jim Clyburn (D., S.C.), who last month said the pandemic gives Democrats “a tremendous opportunity to restructure things to fit our vision.”
The speaker’s announcement on Thursday comes as her caucus plots another relief package, with a national vote-by-mail requirement as a top priority. Pelosi faced criticism in March after stalling the then-proposed stimulus bill in favor of her own version, which included increased fuel emissions standards for airlines, an expansion of wind and solar credits, and vote-by-mail provisions. President Donald Trump called the Democrat’s proposal “crazy.”
Pelosi said Thursday the committee would monitor the billions in federal money spent fighting the virus and would have subpoena power. House Republicans immediately expressed concern over Clyburn’s participation, arguing that his March remarks indicate he is looking to use the pandemic as a pretext to advance Democratic policy goals.
House Minority Leader Kevin McCarthy (R., Calif.) on Thursday said he is concerned by the choice. “[The committee] is concerning to me because Congressman Clyburn is the one who thought this crisis was an opportune time to restructure government,” McCarthy said in a conference call with reporters. “That’s not what we should be doing.”
And the partisan games continues. There are many videos available showing the mindset of Congressman Clyburn but I will not waste your time. Nancy Pelosi is doing an excellent job at that. In fact, that is the only job in which she is competent.
We created this specifically to be easy to watch & easy to share, in order to get this important message out. Do your part to beat the coronavirus by sharing this now!
The most effective step each of us can take right now to beat covid-19 is to start wearing a mask. It’s cheap. It’s easy. And if we call do it, it will give us a HUGE advantage in the fight against this pandemic.
You don’t need a fancy mask. A simple DIY version will suffice. Wearing one does the following:
1) greatly reduces the particles a sick person can spread
2) prevents you from touching your mouth and nose, by far the most common way we can get infected
3) substantially increases your odds of having a mild case, should you get infected If we all wear masks: I protect you, and you protect me. So let’s each start now.
New Jersey Gov. Phil Murphy signed an executive order Thursday authorizing Col. Pat Callahan, the State Police superintendent, to commandeer medical supplies and equipment needed to combat the worsening coronavirus pandemic.
The order, which Murphy announced during his daily briefing in Trenton, comes as hospitals throughout New Jersey are facing severe shortages in personal protective equipment, such as N95 masks and face shields, that the state’s overburdened health care workers desperately need.
While the state has received PPE from the federal stockpile and through corporate donations, Murphy has said it’s only been a fraction of what’s necessary. During Wednesday’s briefing, the governor said state has sourced around 10 million pieces of PPE at its own at a cost of “tens and tens of millions of dollars.”
Tonight at midnight, the most critical – if hardly biggest – part of the Fed’s $2 trillion fiscal stimulus is expected to begin: that’s when small and medium business with 500 employees or less can request a loan of up to 2.5x the average monthly payroll (capped at $10 million), meant to buy cash-strapped companies just under 3 months in liquidity. As we discussed previously, the loans which are packaged under the SBA’s Paycheck Protection Program carry a 0.5% interest rate, and would be forgiven if their proceeds are used toward operational uses such as payrolls, utilities, and rent.
Needless to say, getting these loans into the hands of America’s 30 million small businesses is absolutely critical: they employ about half of U.S. private sector employees, according to the Small Business Administration website.
There is just one problem: with just hours to go until millions in small businesses across the nation scramble to apply for much needed funding, the program appears to be on the verge of collapse amid what appears to be sheer chaos between the Treasury, the Small Business Administration, and the various commercial banks that will be tasked to loan the action money.
One reason why the program is woefully unprepared for a Friday midnight rollout is that banks that haven’t underwritten SBA loans before will need to get onboarded in the system. However, as Politico reports, as of last night, there was no application available for banks to do this, and as CNBC’s Kayla Tausche adds, Treasury remains committed to originating these loans beginning tomorrow, despite hiccups.
US authorities are now firing an opening salvo at China, claiming that the county misinformed the rest of the world about the severity of covid-19. And that better information would have spurred other nations to take the threat more seriously. That would perhaps make sense if it weren’t such a crock of baloney.
Anyone paying attention (like we here at PeakProsperity.com) could see sufficient signs by late January that the virus was extremely contagious, deadly, and had overwhelmed China’s attempts to contain it.
And yet US, and CDC officials continued to downplay its risks into early March. And, c’mon. Who believes official Chinese reports about *anything*, let alone something as potentially disruptive as a brewing pandemic?
After all, we’ve spent many trillions amassing the largest security state in world history — you’d think that investment might actually get us some accurate “intelligence”. I guess not.
In today’s video, Chris explains why this blame game is both farcical and dangerous. Remember all those warm fuzzies we were sold throughout 2019 about the great benefits of the coming China Trade Deal? Kiss those good-bye. In a future that will surely put continued globalization into question, slinging blame, especially when there is so much culpability on our own end, will only increase the odds that China morphs from trading partner into global adversary.
The stakes in this blame game are high, and we play it at our peril.
Well, here’s an interesting one for you. I don’t have a crystal ball, but looking at what is going on right now, I have a number of concerns. Are you ready for some far-fetched thinking? Here is a little summary:
In my 2013 novel ‘Patriot Dawn: The Resistance Rises’ we started with a financial / economic collapse. This was simply a scenario that I built in order to get to what the book was about, which was a civil war as a reaction to domestic tyranny. The books are basically combat books set in a collapse – Patriot Dawn was written to tell a tactical story in a novel format, and thus needed the right story setting (see the sequel: “Patriot Rising: The Unbroken” for even more of a war story).
What happened in Patriot Dawn was a terrorist attack / financial collapse. However, at a certain point in time when China realized that there was no more mutual benefit to be had with the current international order, they took the US down with a cyber attack on SCADA systems, which ushered in the true grid-down scenario.
What we currently have is an epidemic, which I surmise is most likely to be in the form of a bio-weapon released by China. China can suffer the casualties it has so far due to COVID-19, because there are 1.6 billion of them, and they don’t care. In the US, we are now teetering on the edge of an economic collapse, due to these epidemic lock-downs. There are reports of an energy market collapse, which of course is in part due to the current oil war, overlain with worker restrictions in the US.
Now, we are in lock-down till June. At least we are in Virginia. People are out of work, can’t pay bills. Soon, the civil unrest will start. What about the EBT cards? There are reports that the carrier USS Theodore Roosevelt, docked in Guam, is combat ineffective due to COVID-19 and the Captain is begging to be able to offload the casualties to shore and maintain a 10% skeleton crew to man the ship. So US forces are also starting to become combat ineffective.
We are apparently in the process of restructuring our economy to rely less on China. The petrodollar is a key part of the US economy. We are seeing issues with that not only as the economy starts to crash, but as oil wars affect it.
So, at some point, when does China wake up and say that the mutual benefit of being in a symbiotic relationship with the US is no longer worth it for them? The only thing that we are waiting for in the Patriot Dawn timeline is the cyber attack on our SCADA systems. Yes, the Chinese are in there, you better believe it. Imagine the areas that they could attack to make a bad situation worse as we suffer through the lock-down. EBT cards? Power grid? The list goes on.
The COVID-19 virus appears to be very real. At what point is the cure worse than the disease? The ‘economy’ appears to me to be mainly a propped-up sham anyway – but there are going to be very real consequences to people not working, and not able to afford to feed themselves. Bills are not going to be paid. How far are we going to go before it all starts falling apart?
The premise of Patriot Dawn was that Russia and China figured, at a certain point, that there was no benefit to the current world order, and they acted to pull the rug out from the US. They did not physically attack, but used cyber warfare. Later, they did invade parts of the Continental US in order to claim land and resources. Hence the massive battle with Russian forces in West Virginia!
If this keeps going, you may want to become very familiar with the tactical manual. Mind you, if you have not trained yet, time is running out fast. MVT has been here for you, offering training since 2013 – have you taken advantage?
As if we didn’t have enough reasons to be angry at our “leaders”…. Yes, “it didn’t have to be this way”. We should have had a much higher state of readiness to face this pandemic — it was a certainty that sooner or later, one of this magnitude would hit.
So faced as we’ve been with medical supply shortages, botched mobilization efforts, and contradictory/harmful official guidance — it’s inexcusable. But just as maddening is the predictable outcome we’re seeing with governments’ response to the economic crisis triggered by covid-19.
In short, as happened in 2008, those who created the economic instability in the first place, by looting and abusing the system, are being bailed out — generously. And the tab is being picked up by the taxpayer.
Most folks don’t realize this because the details are hidden behind the “we need to do whatever it takes” emergency measures and the alphabet soup of “facilities” being set up to pump the stimulus out.
But at the end of the day, the trillions in forgivable loans and bailouts being funded come either directly from the public Treasury or from a reduction in purchasing power of our currency. Just as we were in 2008, we are being shafted to rescue the rich.
But on a much larger scale this time. Chris walks through the numbers in today’s video. These parasites are famous for saying “never let a crisis go to waste”.
Perhaps it’s time for we citizens to do the same, and declare the current disaster as a reason to demand the risk-takers start eating their own losses.