WASHINGTON — President Donald Trump told lawmakers he wants a payroll tax cut that would last at least through the election to give consumer spending a jolt as the coronavirus threatens to cripple economic growth. The president told Republicans at a closed-door lunch Tuesday that he wants the payroll tax rate to drop to zero through the … Read more
by Lazonby I work in grocery retail and have a significant amount of knowledge regarding store level operations, logistics, and the manufacture of the goods you buy in the stores. The reason for this post is due to the sheer amount of customers, along with Instacart shoppers, who seem completely oblivious as to why products … Read more
“Please do the needful.” Did you know we are also bringing them in to be public school teachers now? PDX
https://watchers.news/2020/04/02/geologi…of-canada/ Geologists have found a remnant of an ancient lost continent off the coast of Baffin Island in Canada. After studying the samples, the team of scientists identified a fragment of the North Atlantic Craton– an ancient continental crust from millions of years ago that stretched from Labrador to Scotland. The researchers were investigating pieces … Read more
https://www.youtube.com/watch?v=VnxCJigrZSc 100% Fed Up reports, MSNBC’s Morning Joe hosts, Mika Brzezinski and Joe Scarborough may not agree on everything, but one thing their viewers can always count on is their neverending criticism of President Trump. On Monday, in a rare moment during one of their segments, Joe Scarborough praised President Trump over his decision to … Read more
https://www.youtube.com/watch?v=bjPe0qQoXm0 100% Fed up reports, On Saturday, President Trump helped to send off the USNS Comfort with a message of hope for the “incredible people of New York.” President Trump stood in front of the US Navy hospital ship and assured the citizens of New York City that he has their backs, saying: “We’re here … Read more
The FBI Can’t Be Trusted With the Surveillance of Americans: An inspector general report finds that the bureau has been systematically unscrupulous. For years, we civil libertarians were told that our concerns about the secret court that oversees the FBI’s applications to monitor U.S. citizens were overblown. So what if the Foreign Intelligence Surveillance Court approved more … Read more
by LV According to a Forbes article dated March 27th, “the stimulus is an advance of a refundable tax credit on your 2020 taxes.” If your 2020 tax return next year indicates that the IRS paid you too much stimulus, they can demand that you return the money they overpaid. If the IRS sent you less … Read more
by NineteenEighty9 JAPAN: WHO Should Be Renamed the CHO or the “Chinese Health Organization” Here is a Reuters report showing that China did not admit that it could be transmitted from person-to-person till January Even when China finally admitted it, they didn’t make it sound like it was highly infectious, which it is https://twitter.com/RealSaavedra/status/1245557594564911104
Black Conservative Patriot gives his take on today’s news AO
Advertising Karma Hits Corporate Media and the New York Times Calls for Bailout. The Media Matters / Sleeping Giants blocklists are just another spread of torpedoes that circled back around. A rational movement might start thinking about why that keeps happening. . . . Due to the coronavirus and a healthy dose of karma, newspaper … Read more
New video (not mine) from #NYC where bodies of the victims of #COVID19 line the sidewalk outside a hospital for transfer to a mobile morgue unit. #NewYork #coronavirus #FlattenTheCurve #CoronaUpdate #Quarantine @NYCEMSwatch pic.twitter.com/sJm6gQh7qT — Sam (@gotmybelton) March 29, 2020 Listen to everyone in the background, they all have Jamaican sounding accents, so where and when … Read more
2020 may be the first year of falling global GDP since WWII. Wow … that’s an impressive historical statistics. And it was only the final years of WWII/aftermath where output fell. @capitaleconomics via @SoberLook pic.twitter.com/25gjD23BKc — Adam Tooze (@adam_tooze) April 2, 2020 With this report, there should be little doubt that…US is already in deep … Read more
Maybe David is right. The cure for the GFC is beginning to look like it was worse than the disease. The difference between then and now is that the leverage is buried deeper and much of the lending has moved into the shadows. https://t.co/351KFwljWA — Danielle DiMartino Booth (@DiMartinoBooth) April 1, 2020 @bondstrategist stating the … Read more
by KimchiCuresEbola If there’s demand… I’ll do a part two on equity factors and how to use factors to decide what companies to buy options for. Commodity Term Structure Basics Mr. FuzzyBlankeet, Esq. touched upon futures in his last post, so I’m not going to go into more detail on the basics, but something he left out … Read more
By Wolf Richter for WOLF STREET: The lockdown regime has changed the once booming housing market. Real estate businesses, such as real estate brokers, mortgage brokers, and other types of businesses, and the government offices that make it all work are now considered “essential businesses” under federal guidelines and under California lockdown rules. Social distancing must still be observed. But … Read more
by quantize_me How many Americans do you think are currently infected with SARS-CoV-2? How many Americans do you think will die? Write your answers down, this isn’t China, no bullshitting. Trump’s estimation of 200,000 deaths with a peak in mid-April is almost certainly an underestimate. Information based on “confirmed cases” is a load of crap … Read more
by trophicspore2 Let’s rally together and estimate all unemployment numbers again: Also looks like last weeks number are going up “Last week’s headline number of 3.28 million claims — itself a more than 1,000 percent increase — is also expected to be revised upward, in part because of stark discrepancies between data that states reported at … Read more
https://t.co/fTBrCbIy1N — Invariant Perspective (@InvariantPersp1) April 1, 2020 The market should be more worried about a ‘second wave’ of coronavirus cases, JPMorgan says https://twitter.com/GregMannarino/status/1245428169772945408 Stocks never bottomed near peak consumer confidence. Period. pic.twitter.com/kFoR6t6t7N — Otavio (Tavi) Costa (@TaviCosta) April 1, 2020 185 stocks in the Russell 1000 are down more than 70%. — Michael Batnick … Read more
ANDREW CUOMO: ‘Four fifths of coronavirus patients who need ventilators will end up dead.’ “Governor Cuomo said: (The New York coronavirus death toll) is people who have been on a ventilator for a period of time. ‘If you go on a ventilator there is only a 20% chance you will come off it.’” So why’s he making … Read more