Treasury Secretary Steven Mnuchin discusses the steps the White House is taking to mitigate economic pain and suffering being felt by businesses and workers.  The U.S. economy has essentially been shut down In an effort to deal with the spread of the Chinese coronavirus; there are worries that parts of the economy will never recover if a rescue package doesn’t quickly reach businesses and workers. [Important Conversation]

Mnuchin helped design a relief bill to protect the economy and U.S. workers, and ensure the economy is able to restart quickly. Democrats are blocking proactive the emergency bill to take advantage of the crisis with demands unrelated to economic needs.

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Nancy Pelosi’s legislative stunt has revealed that the coronavirus panic is likely a well coordinated political stunt.  If it were as real as claimed, Pelosi wouldn’t have the time to organize a political spending scheme…. ergo, it’s more likely a planned hoax to bring the economy to a standstill and create a self-fulfilling prophecy.

Yes, people are unfortunately sick, but the reality is shutting the U.S. economy for a prolonged period of time will likely kill more people than any virus.  With that in mind, President Trump takes a bold step and puts a deadline for a decision.  All Caps:

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Man-o-man, this is some high-stakes poker playing, and it’s the United States economy on the table.   Mitch McConnell is going to put S.3548 The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, back on the senate floor at 9:45am ET tomorrow, 15 minutes after the stock market starts collapsing.

[Read Bill Here]

[Link To Tweet]

Sweet Baby Jesus… I can’t remember ever seeing anything like this.  A $20 trillion U.S. economy, and tens-of-millions of American jobs and businesses on the line….  And McConnell is calling Pelosi’s bluff.    P.U.B.L.I.C.L.Y!

Talk about seriously high stakes politics.   Yikes.  McConnell is going to make every democrat senator vote again to close debate and advance the bill; putting them on record for negotiating a deal and then walking away from the deal they assembled.

I would imagine Senator McConnell has talked to President Trump about this….

Over the past three days a bipartisan group of senators, not leadership, constructed a $1.6 Trillion emergency aid package to rescue the U.S. economy and American workers.  The package had the support of Mitch McConnell. It is called The Coronavirus Aid, Relief, and Economic Security Act, or “CARE Act“. [READ BILL S.548 HERE]

However, at the last minute House Speaker Nancy Pelosi, having returned from her House recess vacation sipping cocktails poolside, instructed Senate Minority Leader Chuck Schumer to crush the senate effort.

Power hungry Pelosi sees an opportunity to use the looming economic crisis as leverage for selecting winners & losers amid the K-Street lobbying community.  Donors for Democrats will be rewarded; supporters of Republicans, not-so-much.  This is DC at it’s worst and Pelosi isn’t going to lose another opportunity.  It’s the same process she used in ’08/’09.

“Twice in one lifetime… How blessed am I?”

Senator Schumer did as he was instructed.  The relief bill did not pass cloture (60 votes needed), and the three-day effort collapsed.  Immediately the DOW futures dropped 5%.

WASHINGTON DC – “I want everybody to fully understand if we aren’t able to act tomorrow, it will be because of our colleagues on the other side continuing to dicker when the country expects us to come together and address the problem,” McConnell said on the floor. He added that over the last 48 hours there were bipartisan discussions among “regular members of the Senate, not in the Leadership office, not in the speaker’s office for goodness sakes.”

“She’s the Speaker of the House, not the Speaker of the Senate,” McConnell added. “We were doing just fine until that intervention.”  (more)

There are two main points Pelosi is targeting.  First, because COVID-19 creates a MASSIVE SPENDING opportunity, Speaker Nancy Pelosi wants to include the elimination of college debt, literally wipe out student loans – which ironically and intentionally were created under Obamacare, in the coronavirus bill.

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Today Ohio, Delaware and Louisiana joined California, New York, Connecticut, New Jersey and Illinois by issuing mandatory stay at home orders for their citizens.  A total of eight states now have total coronavirus compliance orders restricting movement.

(Via Reuters) […] “Every piece of evidence that I can lay my hands on indicates that we’re at an absolutely crucial time in this war and what we do now will make all the difference in the world,” said Ohio Governor Mike DeWine. “What we do now will slow this invader. It will slow this invader so our health care system … will have time to treat casualties.”

Ohio has 351 cases and three deaths while Louisiana has 837 cases and 20 deaths, several in a senior care facility. Louisiana has the third highest number of cases per capita and saw a 10-fold increase in cases in the past week, Governor John Bel Edwards said.

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White House Trade and Manufacturing Policy Advisor Peter Navarro discusses some of the more granular details behind the COVID-19 mitigation strategy.   The policies are designed to counter the economic impacts, and then use a tactical approach toward the challenges in the supply chain for medical supply needs.

Navarro discusses some of the private sector shifts in production and manufacturing to generate medical supply needs as an outcome of the defense production act.

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Steve Bannon appears on Fox News with Maria Bartiromo to discuss the U.S. response to the coronavirus.   Bannon advocates for a military style shut-down of the U.S. to shut down everything now and get through the crisis as quickly as possible.

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Treasury Secretary Steven Mnuchin appears on Fox News to discuss the financial legislation (likely vote tomorrow) to support workers and businesses immediately impacted by President Trump’s proactive shut-down of the U.S. economy.

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The ‘good cop bad cop’ routine with deBlasio just seemed a little too scripted… Then the framework of a usefully constructed contrast narrative started to become clear… Then, as if on cue, all national broadcasts started being interrupted for maximum exposure; again a little odd.

A deep, very deep, connection to Bloomberg reappeared as a little flashing light in the corner of the picture… Then the Murdoch’s started to shape the landscape; curiosity piqued… Followed by positioning that seems a little too centrally located in the political sphere.. Then Hannity and Bannon started singing his praises.  Well, Bannon doesn’t exactly have a good track record of judgement… I digress.  But it really wasn’t until the CIA started publishing their endorsement that things possibly started making sense. WATCH:

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Are they positioning NY Governor Andrew Cuomo to exit the DNC convention as the consensus nominee; the chosen one?  It would take the construct, at least the optics of, a reluctantly drafted candidate to pull it off.  Then again, what is all this – if not that.

Think that’s crazy?…. Let’s keep watching.

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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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