Funds will be cut off immediately

Donald J. Trump @realDonaldTrump “Federal Court Deals Major Blow To Sanctuary Cities.” @FoxNews In other words, there will be no more Federal Tax Dollars to States & Cities that will not cooperate with Federal Law Enforcement (ICE). This is BIG NEWS! Funds will be cut off immediately. MAKE AMERICA GREAT AGAIN! 1:13 AM · Feb … Read more

Best-Run States Are Low-Tax Republican, Worst-Run Are High-Tax Democratic, Study Finds | Investor’s Business Daily

Several states, including Republican states, have decided to raise taxes this year to cover budget shortfalls. But a new study suggests that the states might find themselves in worse financial shape after the money starts rolling in. According to the latest ranking of states by the Mercatus Center at George Mason University, the most fiscally … Read more

Whistleblower says staff working with corona victims have to protection like masks or training

A whistleblower is alleging that HHS officials dispatched more than a dozen workers to aid quarantined Americans evacuated from China, without providing proper training or protective gear — a move that potentially exposed them to the coronavirus infection. The complaint from an HHS employee also claims those workers were not consistently tested for the virus, … Read more

CORONAVIRUS UPDATE: Chinese medical workers seem to be using academic journals as way to route around censorship and get a message out to the world.

I've never seen an article like this in the Lancet. It's not a study, it's a cry for help. Chinese medical workers seem to be using academic journals as way to route around censorship and get a message out to the world.https://t.co/UOtJebWgQD pic.twitter.com/dtX2TSnLyn — Balaji (@balajis) February 26, 2020 Wow. Looks like the censors got … Read more

Airline Stocks, Battered by Coronavirus & Boeing 737 MAX, Plunge to Four-Year Low

Boeing got battered too but not nearly enough. Introducing my SADJAUS stock index tracking the 7 largest US airlines. By Wolf Richter for WOLF STREET. Boeing shares dropped 5.8% today, to $287.76, below where they’d been on that infamous December 24, 2018, and back to where they’d been on December 12, 2017. My only question to the market … Read more

Story about Trump defunding NIH and CDC bogus

by Jake Congressional Minority leader Kevin McCarthy discusses how Republicans when they controlled the house created and funded a rapid response pandemic system. It was funded with 20 billion. Trump has held a dozen bipartisan meetings every step of the way with democrats and included them on everything that is happening. Starts at 10:30   … Read more

Fastest correction in S&P history, Junk bond yields are rising more rapidly than Treasury yields are falling…

Fastest correction in S&P history: correction we have seen in stock market over past 6 trading sessions is fastest 10% decline in S&P500 from a record high, DB says. Speed of the decline over the past week even beats Black Monday episode in Oct1987, where the peak was in Aug1987. pic.twitter.com/Y1SLjnaHkk — Holger Zschaepitz (@Schuldensuehner) … Read more

The Economist: A broad guess is that 25-70% of people in any infected country may catch the new coronavirus.

A broad guess is that 25-70% of people in any infected country may catch the new coronavirus. As it goes global, governments have an enormous amount of work to do. Our cover this week https://t.co/SuIZp1V6UV pic.twitter.com/SHC3W7opAz — The Economist (@TheEconomist) February 27, 2020 WASHINGTON — Federal health employees interacted with Americans quarantined for possible exposure … Read more

The issue with a possible stimulus is that it works on the demand side, not the supply side. The virus outbreak causes both a supply shock and a demand shock…

The issue with a possible stimulus is that it works on the demand side, not the supply side. The virus outbreak causes both a supply shock and a demand shock (people staying away from cinemas, theaters etc) but the supply side (people working from home, not flying, avoiding 1/2 https://t.co/CAIAdKGH2e — Bert Hofman(郝福满) (@berthofmanecon) February … Read more