Earlier today New York State Governor Andrew Cuomo complains to the media about only getting $35 million in initial emergency funding for Coronavirus impacts.  WATCH:

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Last night CTH did our first review of the $8.3 billion COVID-19 appropriation as it passed through congress.  It is loaded with pork spending and foreign aid.  The bill was $7.8 billion at the beginning of the day and ended with $8.3 billion on final passage.
The emergency Coronavirus appropriation passed 96-1 in the Senate. The Senator voting against the bill was Rand Paul of Kentucky.
The foreign aid section is roughly $3 billion of the spending.  Senator Rand Paul proposed an amendment to rescind unobligated balances of current foreign aid appropriations because so much new money is being spent on this bill.  His amendment was defeated.
Here’s the breakdown:
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Earlier today President Trump joined Vice President Pence’s coronavirus task force meeting with airline CEOs in the Roosevelt Room.  There was a separate task force business meeting at the conclusion of President Trump’s participation.
At approximately 23:04 of the video the attending press pool asked President Trump for his opinion on the Super Tuesday election.  Interesting remarks.
[Video Below – Transcript will Follow]

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Earlier this morning the Federal Reserve (Fed) announced a .50 drop in their lending rate in response to the potential for economic impacts from the coronavirus.  Following the rate cut Federal Reserve Chair Jerome Powell delivered a statement and held a press conference.  [Video Below]

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Corporate media initiated panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
Everything about Coronavirus is hyped with political purpose. The CDC official who lit the fuse to create the panic was Dr. Nancy Messonnier who read a script handed to her by resistance operatives inside government.  Dr. Messonnier is Rod Rosenstein’s sister.

(VIA CNBC) Stocks rebounded sharply from their worst week since the financial crisis on Monday, with the Dow Jones Industrial Average posting its best day in more than a decade. Expectations that the Federal Reserve would cut rates drove the gains, which accelerated aggressively into the close.
The Dow closed 1,293.96 points higher, or 5.1%, at 26,703.32. The move on a percentage basis was the Dow’s biggest since March 2009. It was the largest-ever points gain for the 30-stock average. (more)

The Coronavirus issue hits on three main points of policy outlined by President Trump since his announcement of candidacy in 2015: (1) The need for secure borders and strong immigration controls. (2) The need to stop reliance on Chinese manufacturing; and (3) The need for the U.S. to have independent control over key sectors of manufacturing; including healthcare products and pharmaceuticals, as a matter of national security.

President Trump is disrupting decades of multinational financial interests who use the U.S. as a host for their ideological endeavors. President Trump is confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie. YOU. There are trillions at stake; it is all about the economics; all else is chaff and countermeasures.

We are already familiar how China, Mexico and ASEAN nations export our raw materials (ore, coking coal, rare earth minerals etc.). The raw materials are used to manufacture goods overseas, the cheap durable goods are then shipped back into the U.S. for purchase.
It is within this decades-long process where we lost the manufacturing base, and the multinational economic planners (World Trade Organization) put us on a path to being a “service driven” economy.
The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle-class to thrive.
Elite financial interests, including those within Washington DC, gain wealth and power, the U.S. workforce is reduced to servitude, “service”, of their affluent needs.
The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the wealth gap has exploded in the past 30 years.
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Coronavirus As An Economic Contagion

Steve Bannon discusses the Chinese Coronavirus as an economic contagion and how the Trump economic security doctrine applies to the current downstream impacts.  Even before the Coronavirus surfaced in China there was lower manufacturing factory activity within the Chinese economy.  The necessary response within China to control the spread of the Coronavirus was to shut down most commerce.  Factories, schools &  businesses throughout China were impacted as various containment measures took hold.

Economic Nationalism -vs- Economic Globalism

Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal. We create and consume eighty percent of our own production.
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CTH is more confident than ever about POTUS having a comprehensive understanding of the bigger picture around COVID-19 and China’s Coronavirus outbreak.  In this interview Senator Marco Rubio discusses the risks that China now represents on a myriad of levels.
The Coronavirus issue hits on three main points of policy outlined by President Trump since his initial announcement of candidacy in 2015:  (1) The need for secure borders and strong immigration controls. (2) The need to stop reliance on Chinese manufacturing; and (3) The need for the U.S. to have independent control over key sectors of manufacturing; including healthcare products and pharmaceuticals, as a matter of national security.

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Stay big picture. Think about what you know of the aggressive Communist and strategic disposition of China. In addition to the risks within technology development (well discussed), allowing China to have a heavy influence over critical healthcare supply chains is too dangerous.
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Economic Nationalism -vs- Economic Globalism

Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal.  We create and consume eighty percent of our own production.

The U.S. economy is unique in the amount of balance within it as compared to other industrial economies.  We are not dependent on exports to sustain our economy; and we are not dependent on any imports at the macro level.  Unlike China, Asia and Europe, and despite decades of efforts by globalists and multinationals, the U.S. generates and sustains a tremendous amount of our own economic prosperity.  First the January data:
The Bureau of Economic Analysis (BEA) reveals data today showing January wage growth .5%, personal income increases .6%, consumer spending at .2%; overall U.S. savings at $1.33 trillion, and low inflation at 1.7 percent year-over-year.  Solid and stable.
Both consumer spending (+.2 Jan) and inflation (1.6% Jan) were impacted by lower energy prices (-.7%) & mild weather in January.  Reuters spins the lower rate of spending growth to imply a contracting U.S. consumer; there is no data to support that narrative.
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The media is attempting to initiate panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
Earlier today Vice President Mike Pence led a meeting of members of the COVID-19 taskforce.   The segment with Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health, is interesting.
Dr. Fauci discusses the evolution of novel-coronavirus’ from SARS to MERS to the latest version in COVID-19.  Fauci’s remarks begin at 01:06 of the video below:

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During a mid-afternoon session at the U.S. embassy’s Roosevelt House in New Delhi, India, President Trump met with U.S. and India business leaders. The president cancelled his prepared remarks to the business investors, instead he took questions from roundtable participants.

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