There’s been a debate about possible political motives surrounding the panic he has created; the massive economic damage he has inflicted; and the conflicting assertions of National Institute of Allergy and Infections Diseases (NIAID) Director Dr. Anthony Fauci.

CTH identifies the motives as sketchy.  He appears to use his position to advance theories and yet position himself to avoid scrutiny.

Sometimes within a 24 hour period Fauci will make a statement, then contradict the initial assertion, then attempt to cloud his own conflict with obtuse and wordy explanations.  After watching for several weeks, we called it out HERE.

Perhaps one way to help see through the professional obfuscation, and identify just exactly how political Dr. Fauci is, would be to: compare and contrast Dr. Fauci under President Obama in September 2009 after 3,000 to 4,000 H1N1 deaths in the USA  -vs- Dr. Fauci under President Trump in March 2020 after 200 to 300 COVID-19 deaths.  WATCH:

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Now, to better absorb the information…. According to the CDC final estimate of 2009 U.S. H1N1 cases (published in 2011): from April 12, 2009 to April 10, 2010 approximately 60.8 million U.S. cases, 274,304 U.S. hospitalizations, and 12,469 U.S. deaths occurred due to H1N1. That’s the empirical data.

After: (1) watching that 2009 video; and (2) comparing the 2009 H1N1 response to the current 2020 COVID-19 response; and (3) reviewing the empirical data; we must admit to ourselves there is a VERY BIG difference.  So now, with the baseline established, we look for why such a big difference; and to do that we (4) evaluate the politics:

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Hat Tip GKJoe

I knew there was something sketchy about Dr. Anthony Fauci.  Within the WikiLeaks HRC email files there are letters from Fauci to Hillary Clinton through her aid/lawyer Cheryl Mills: “rarely does a speech bring me to tears”?… “please tell her I love her more than ever”?… “please tell her that we all love her”… “Please tell her that we all love her and are very proud to know her.”  LOOK:

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A few months later:

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I can’t stop laughing….

According to the New York Post Michael Bloomberg spent $935,360,675 in his failed attempt to win/buy the democrat presidential nomination.

WASHINGTON — Mike Bloomberg’s failed White House bid cost the media mogul nearly $1 billion, according to a new FEC filing — double what was previously reported.

The total cost of the Big Apple billionaire’s fully self-funded campaign was a stunning $935,360,675.56, the filing made public Friday shows. (link)

For comparison, Donald Trump spent $66 million on his 2016 campaign and won the presidency.  Bloomberg spent over 14 times more than Trump… and LOST.  Bigly.

How’d ya like them apples?

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First, regardless of what the poll numbers reflect, based on a three-year track record of doing whatever it takes, it is safe to say President Trump would do whatever was the best approach while considering polling of those hard decisions irrelevant.

Second, even with the constant back-biting, snark and transparent attacks from the mainstream media, President Trump’s strength as a leader and manager of crisis is well identified by the majority of Americans. The media hate us, he’s just in their way.

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(Via ABC) As a deepening public health crisis rocks the nation, a new ABC News/Ipsos poll released Friday shows a far different portrait of a country than from only one week ago, as nearly three in four Americans now say their lives have been upended in some way by the novel coronavirus and President Donald Trump’s approval for his handling of the outbreak is on the rise.

In the new poll, 55% of Americans approve of the president’s management of the crisis, compared to 43% who disapprove. Trump’s approval on this issue is up from last week, when the numbers were nearly reversed. (read more)

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Former White House Council of Economic Advisers Chairman Kevin Hassett is returning to the administration as a senior economic advisor to President Trump during the COVID-19 response.

Kevin Hassett is very sharp and a happy warrior by disposition.  Hassett was excellent as CEA Chair and no doubt his rejoining the economic team with an advisory position to President Trump will bring a great voice back to the crew.

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Predictably odd, generally sketchy, and Tucker Carlson favorite, Representative Tulsi Gabbard, suspended her campaign for the 2020 democrat presidential nomination today while endorsing Joe Biden.  According to her brother posting on Facebook, Bernie Sanders refused the accept an endorsement.  Go figure.

Announcement – “[T]oday, I’m suspending my presidential campaign, and offering my full support to Vice President Joe Biden in his quest to bring our country together.”

I will continue to advocate for a 21st century foreign policy. One based on mutual respect and cooperation instead of confrontation, where we as a community of nations can work together to overcome the challenges that our people face — preventing and stopping pandemics like the coronavirus that is now affecting all of us, tackling climate change, combating terrorism, and removing the existential threat of nuclear war which hangs over the heads of all of us.

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…there had to be a point where the value of the Wall St economy surpassed the value of the Main St economy… Part I Here

We now look forward, and consider the question: How would the multinational underwriters, the multinational financial systems, reset all transactional tables (the bookkeeping systems underneath the valuation) if the U.S. stock market was ever forced to re-value economic nationalism over multinational globalism?

To first answer the “how” question, we must visit the “why” question. Why would the multinational financial underwriters want to reset their valuations?

Obviously, the global financial system does not act altruistically. What would motivate the global wealth valuation authority (various market investment indexes) to want, or need, a reset.

The answer to the “why” question might not be as challenging as it appears.

First, there has been a seismic shift in how the world looks at the economic exploitation of multinational systems, or globalism.  See Bernie Sanders?  See those yellow vests in France?  See what happened with the U.K. Brexit referendum?  See the shrinking EU influence?  See the open/public confrontation and push-back against China? See Trump? All examples are consequences of the rise of economic nationalism.

Secondly, the original Wall Street corporate motive (during decades of mergers and acquisitions) to shift product manufacturing to Southeast Asia (ASEAN nations) was driven by a lower cost of overall business, higher profit margins and greed.

As a direct outcome economic wealth was shifted from the U.S. to ASEAN nations, and particularly China. Low wages, low regulation, cheap operational costs, incentives and subsidies from Asia equals cheap TV’s, sneakers, furniture and durable goods.

Even with high fuel prices and overseas shipping costs, there was a big difference between U.S. and ASEAN manufacturing costs.  As hundreds of U.S. Wall Street multinationals chased profits the rust-belt was created.

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A very big picture discussion requires a considerable baseline.

The stock market is not the U.S. economy; the stock market is an investment instrument that determines valuations of economic activity company by company. The valuation is considerably arbitrary, based on the determinations of the arbiters (investors). This is empirically true.

However, that said, how would the multinational underwriters, the multinational financial systems, reset all transactional tables (the bookkeeping systems underneath the valuation) …if the U.S. stock market was every forced to re-value economic nationalism over multinational globalism?    Enter “Coronavirus”.

Four years ago CTH first explained a new way to look at the U.S. economic system and how Main Street was/is disconnected from Wall Street.  We presented a metaphor to explain. Before going deeper into the discussion of tomorrow; and at the request of several people who now accept the era of “deglobalization” is upon us,  I first present that prior reference & then will use this as the baseline to describe what could come next.

There is a key phrase at the fulcrum of everything past:

…there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street).

What we are going to outline in part II is the possibility what happens when this natural truism is reversed.  The objective is to answer: How, specifically would Wall Street reset its evaluative systems if Main Street once again emerged as the priority?

But first, a baseline revisit is needed.

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Tonight Florida, Illinois and Arizona are holding their 2020 democrat presidential primary.  Ohio Governor Mike DeWine cancelled/postponed the Ohio primary due to Wuhan virus fears.

The polls began to close in Florida at 7pm ET/ panhandle polls will be closed in FL at 8pm ET.

Polls also close in in Illinois at 8pm ET, and in Arizona at 10pm ET.

Bernie Sanders is expected to get crushed in Florida as a result of his supportive politics toward Fidel Castro and Cuba, the only question will be the size of the Biden win.  However, Illinois and Arizona might fare better for Bernie depending on turnout.

New York Times Election Results Here

CNN Election Results Here

Politico Election Results Here

National Economic Council Director Larry Kudlow discusses what economic options the U.S. government has to mitigate and assist businesses and individuals dealing with the financial impacts of coronavirus.

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Note to Mr. Kudlow: Do not trust Dr. Anthony Fauci.

Fauci is a purposeful panic seller. His goals are not the administrations goals.

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