Crisis Exposes Devastating Result of Ongoing Fed Policy: Americans Have No Savings

usissuescom Monetary Policy , , , ,

By Jp Cortez – Re-Blogged From Headline Wealth

Two weeks ago, during a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people.

And last week, on March 27, Trump signed a stimulus package of over $2 trillion dollars to provide relief to an economy on the precipice of collapse.

The aid package includes handouts and loans to individuals, small businesses, and other distressed industries.

Despite Trump’s “having created the greatest Economy in the history of our Country,” when the markets tanked, massive and immediate government intervention was the only thing left to forestall a total collapse.

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SanFran Bans Virusy REUSABLE Bags — Brings Back Plastic!

usissuescom Regulation , , , ,

– Re-Blogged From Liberty Headlines

‘ I certainly understand why store employees don’t want to handle somebody else’s things…’

Sustainable ‘Green’ Shopping Bags Can Spread the Coronavirus

‘Sustainable’ shopping bags / IMAGE: The Grommet via Youtube

(Joshua Paladino, Liberty Headlines) San Francisco became one of the first cities in the nation to ban plastic bags in 2007, but now the coronavirus pandemic has forced the progressive stronghold to reverse course by banning reusable bags and mandating that customers use plastic bags.

As part of the city’s shelter-in-place order, grocery stores must not permit “customers to bring their own bags, mugs or other reusable items from home,” Politico reported.

San Francisco will force recycling proponents to use single-use plastic bags so that germs are not transmitted from the much-dirtier reusable bags to food and other customers.

The entire state of California banned single-use plastic bags in 2016.

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US Sheds 701K Jobs, Ending a Record-Long Hiring Streak

usissuescom GDP & Employment , , , , ,

By Associated Press – Re-Blogged From Liberty Headlines

Two-thirds of the job cuts during March were at restaurants, hotels and casinos…

US Sheds 701K Jobs, Ending a Record-Long Hiring Streak

A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich./AP Photo

A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that’s all but shut down the U.S. economy.

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Gold Stocks Crash, V-Bounce!

usissuescom Stocks & Commodities , , , , , ,
By Adam Hamilton – Re-Blogged From Gold Eagle

Gold miners’ stocks have endured epic volatility in this past month, literally crashing before blasting back higher in a violent V-bounce.  That preceding wicked capitulation flush savagely forced the weak hands out, paving the way for gold stocks’ next major upleg.  The resulting fierce rebound signals it is already underway, with plenty of speculators and investors now chasing the huge gains this sector is famous for.

Perspective is essential and exceedingly-valuable for traders.  If you don’t know where we’ve been and how we got here, you can’t figure out where we’re likely going.  Context is necessary to frame this past month’s extraordinary gold-stock action, and to successfully game where this sector should be heading.  Extreme volatility creates extreme opportunities, neither of which come around very often.  Carpe diem!

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Disease Expert Touts Early Success w/ Trump’s ‘Game-Changer’ COVID Cure

usissuescom Discussion Categories , , , , , ,

– Re-Blogged From Liberty Headlines

‘I think this is the beginning of the end of the pandemic. I’m very serious…’

(Joshua Paladino, Liberty Headlines) An infectious disease specialist joined Fox News‘ “The Ingraham Angle” Wednesday night to share an optimistic opinion about hydroxychloroquine, an anti-malarial drug that has been effective in treating COVID-19.

Dr. Stephen Smith, founder of The Smith Center for Infectious Diseases and Urban Health, said hydroxychloroquine in combination with azithromycin, a common antibiotic, is a “game-changer,” echoing prior statements made by President Donald Trump.

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BBC: Green Energy Plant Threat to Wilderness Areas

usissuescom Energy Policy , , , ,

By Eric Worrall – Re-Blogged From WUWT

“If we let these developments go ahead, the biodiversity will be gone long before climate change starts affecting it”

Climate change: Green energy plant threat to wilderness areas

By Matt McGrathEnvironment correspondent

Wind, solar and hydro power installations pose a growing threat to key conservation areas, say researchers.

Researchers found that over 2,200 green energy plants have been built within the boundaries of the Earth’s remaining wilderness.

They say that around 17% of renewable facilities globally are located in protected regions.

A further 900 plants are now being developed in key areas of biodiversity.

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