Steve Balich Editors Note: We the people are being duped by the media that has its goal the destruction of the economy and the ushering in of Big Government/Marxism. Cloward – Piven the husband wife socialist team in 1966 created a plan to implode the system in an effort we are watching in real time. With 328,000,000 people in the U.S. and even if 300,000 deaths happen from the virus; the question becomes why is the entire economy shut down. Every life is important!!!!! How many lives are lost as result of a depression?
Why haven’t experts have not been right yet on any models ? Is the Media pushing a false narrative? Is the truth that the Coronavirus is really just a more contagious flu and not as close to being deadly for everyone that gets the disease.
Unleash Prosperity Hotline Issue #4 By Stephen Moore 1. Michael Burry calls Lockdown: “The Most Devastating Economic Force In Modern History” Burry picked up a medical degree from Vanderbilt before deciding to become a professional investor. His hedge fund made a spectacularly successful bearish call on mortgages before the 2008 financial crisis, leading to his being featured in “The Big Short.” It’s fair to say that Burry is now bearish on the wisdom of locking down the economy: “Universal stay-at-home is the most devastating economic force in modern history. And it is man-made. It very suddenly reverses the gains of underprivileged groups, kills and creates drug addicts, beats and terrorizes women and children in violent now-jobless households, and more. It bleeds deep anguish and suicide.” Read the whole thing: https://www.bloomberg.com/news/articles/2020-04-07/michael-burry-slams-virus-lockdowns-in-controversial-tweetstorm 2. Infections might be MUCH HIGHER than we thought… and that’s good! A new paper offers a theory based on CDC surveillance data of “influenza-like illness” that matches the observed coronavirus hospitalizations and deaths… but looks VERY different from the conventional models driving policymaking. They estimate the actual number of infections in the population is 100x to 1000x the confirmed number, which implies the death rate is that much lower. It would mean rather than a potential killer of millions this would be more like an extra flu season, except crammed into a few weeks (with a real risk of hospital overload, although New York looks like it’s holding up) instead of spread out over months.Here’s the Economist article: https://www.economist.com/graphic-detail/2020/04/11/why-a-study-showing-that-covid-19-is-everywhere-is-good-news Here’s the full study: https://www.medrxiv.org/content/10.1101/2020.04.01.20050542v1 3. Czech It Out: Another Country Begins To Open Up The Czech Republic suffered under Communism for 40 years, so they know something about living under suffocating conformity. Perhaps that’s why they’ve joined Austria, Denmark and Norway in starting to lift the strict “shelter in place” rules. Starting this past Tuesday, residents were allowed cycle, jog, and hike without face masks if they maintained a six-foot distance from others. Tennis courts and golf courses are open again. Stores will start reopening today with an additional wave planned for next week. This doesn’t mean the government isn’t closely monitoring the virus. Infected people will be asked permission by the government to use data from their cell phone and credit cards to track their contacts and the state of emergency has been extended to April 30. But clearly the Czechs believe it is both possible to contain the virus and also start the return to a more normal life. https://www.politico.eu/article/czech-republic-eases-lockdown-restrictions/ 4. Anti-Hero of the Day: Biden adviser Zeke Emanuel, for suggesting an 18 Month(!) Lockdown Some of the crazier governors have called for a lockdown of the economy until mid-June or July or even into September. That would, of course, be calamitous for our economy and society. Now along comes Ezekiel Emanuel, one of the architects of Obamacare, and this doctor prescribes up to 18 months of lockdown. “We’re not going to get rid of this, or be past it, or return to full normalcy until that vaccine is available,” he told Yahoo Finance. “And for the general public, you might get a lot of doses available in Q3, Q4 2021,” Emanuel predicted. “That’s the timeline, and that’s what people have to get into their head.” In other words, we can open up sometime around Christmas – of 2021! 5. Ike Warned Us “The prospect of domination of the nation’s scholars by Federal employment, project allocations, and the power of money is ever present — and is gravely to be regarded. “Yet, in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific-technological elite. “It is the task of statesmanship to mold, to balance, and to integrate these and other forces, new and old, within the principles of our democratic system – ever aiming toward the supreme goals of our free society.” President Dwight D. Eisenhower farewell address, January 17, 1961 https://www.youtube.com/watch?v=0zwGS0T1MoY&t=595 6. Today’s geometry lesson! |