President Trump and the coronavirus task force will be updating the public and answering questions from the Brady press room at the White House today at 5:00pm ET.

There may be questions about the DOJ requests for increased authorities to arrest and detain non-compliant citizens without judges/lawyers – Livestreams Below:

WH Livestream Link – Fox News Livestream Link – State Dept. Livestream Link

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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 Deep State is playing COVID-19 perfectly.  With the intention to create/instill extra fears amid center-right Americans; and timed to emphasize the center-left narrative of authoritarian Trump; U.S. Attorney General Bill Barr steps in to execute his role.

U.S. AG Bill Barr asks legislators to empower him with more legal authority to take actions within the justice department amid the crisis known as the 2020 Coronavirus pandemic.

(Via Politico) The Justice Department has quietly asked Congress for the ability to ask chief judges to detain people indefinitely without trial during emergencies — part of a push for new powers that comes as the coronavirus spreads through the United States.

Documents reviewed by POLITICO detail the department’s requests to lawmakers on a host of topics, including the statute of limitations, asylum and the way court hearings are conducted.

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CTH analyzes data to assemble unemotional models that reflect/predict outcomes.  If this type of government mandate expands much further, there WILL be rationing – it is an inescapable conclusion.  It’s not a matter of “if“, it’s a matter of when… where… and how.

Perhaps that explains all the National Guard deployments and pre-staging:

Kansas/Missouri – Today the CORE 4 partners of Jackson County, Missouri; Johnson County, Kansas; Kansas City, Missouri, and the Unified Government of Wyandotte County/Kansas City, Kansas, based on the urgency of the COVID-19 public health emergency and the imminent rapid progression of the pandemic in our area, announce that beginning Tuesday, March 24, residents will be directed to stay at home except for essential needs.

All jurisdictions will issue orders that will stay in effect for 30 days from the effective date of March 24, with consideration after 30 days of whether to prolong these orders beyond that date, based on public health and critical care metrics available at that time.

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If Mitt Romney and Hillary Clinton had a child, it would be Nikki Haley.   Ms. Haley and her paid staff of political wind-testers, are constantly scanning the horizon for optics and issues that might upend her aspirations to the presidency.  Today she quits the board of Boeing after the likelihood of a government bailout starts to rise….

(Via CNBC) Former U.N. Ambassador Nikki Haley stepped down from Boeing’s board of directors after less than a year because she opposes government aid to help the aircraft manufacturer weather the coronavirus crisis, the company said Thursday.

Boeing earlier this week said it is seeking $60 billion in government aid for itself and its massive supply chain because of the virus. The manufacturer’s suppliers include United Technologies, General Electric, Spirit Aerosystems and dozens of others. The administration hasn’t yet said what Boeing, a top U.S. military contractor could receive.

President Donald Trump this week threw his support behind the manufacturer, saying: “We have to protect Boeing.”

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…there had to be a point where the value of the Wall St economy surpassed the value of the Main St economy… Part I Here

We now look forward, and consider the question: How would the multinational underwriters, the multinational financial systems, reset all transactional tables (the bookkeeping systems underneath the valuation) if the U.S. stock market was ever forced to re-value economic nationalism over multinational globalism?

To first answer the “how” question, we must visit the “why” question. Why would the multinational financial underwriters want to reset their valuations?

Obviously, the global financial system does not act altruistically. What would motivate the global wealth valuation authority (various market investment indexes) to want, or need, a reset.

The answer to the “why” question might not be as challenging as it appears.

First, there has been a seismic shift in how the world looks at the economic exploitation of multinational systems, or globalism.  See Bernie Sanders?  See those yellow vests in France?  See what happened with the U.K. Brexit referendum?  See the shrinking EU influence?  See the open/public confrontation and push-back against China? See Trump? All examples are consequences of the rise of economic nationalism.

Secondly, the original Wall Street corporate motive (during decades of mergers and acquisitions) to shift product manufacturing to Southeast Asia (ASEAN nations) was driven by a lower cost of overall business, higher profit margins and greed.

As a direct outcome economic wealth was shifted from the U.S. to ASEAN nations, and particularly China. Low wages, low regulation, cheap operational costs, incentives and subsidies from Asia equals cheap TV’s, sneakers, furniture and durable goods.

Even with high fuel prices and overseas shipping costs, there was a big difference between U.S. and ASEAN manufacturing costs.  As hundreds of U.S. Wall Street multinationals chased profits the rust-belt was created.

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A very big picture discussion requires a considerable baseline.

The stock market is not the U.S. economy; the stock market is an investment instrument that determines valuations of economic activity company by company. The valuation is considerably arbitrary, based on the determinations of the arbiters (investors). This is empirically true.

However, that said, how would the multinational underwriters, the multinational financial systems, reset all transactional tables (the bookkeeping systems underneath the valuation) …if the U.S. stock market was every forced to re-value economic nationalism over multinational globalism?    Enter “Coronavirus”.

Four years ago CTH first explained a new way to look at the U.S. economic system and how Main Street was/is disconnected from Wall Street.  We presented a metaphor to explain. Before going deeper into the discussion of tomorrow; and at the request of several people who now accept the era of “deglobalization” is upon us,  I first present that prior reference & then will use this as the baseline to describe what could come next.

There is a key phrase at the fulcrum of everything past:

…there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street).

What we are going to outline in part II is the possibility what happens when this natural truism is reversed.  The objective is to answer: How, specifically would Wall Street reset its evaluative systems if Main Street once again emerged as the priority?

But first, a baseline revisit is needed.

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Let me say up front, there’s something very sketchy about the wordy explanations provided by National Institute of Allergy and Infections Diseases (NIAID) Director Dr. Anthony Fauci.  Listen/watch or read what he says below.

Encapsulating Dr. Fauci’s position:  Data on the coronavirus assembled today doesn’t reflect what is actually taking place today, but rather reflects where we were several days ago…. OK, that part makes sense (there’s a lag).

He then goes on to say what is actually happening today will not be included in data until we arrive at a place a few days from now when today’s reality is quantified.  Again, that reasonably makes sense…  However….

The media is/are reporting on coronavirus impacts in real time.  There is no delay in what the media are reporting from various places around the nation.  The media reporting reflects what is taking place today; right now… and what the media is reporting today is not worse than the data Fauci is explaining.

Meaning if Dr. Fauci was correct, and if the coronavirus data (the reports of spread) was behind by several days from the reality of today; then what the media would be reporting (the on the ground reality of the spread today) would be significantly worse (higher incidents) than Fauci’s data, which he claims is lagging several days behind….

The problem with that supposition – The media ground reports do not reflect a higher incidence of coronavirus spread than Fauci’s data today.

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National Economic Council (NEC) Director Larry Kudlow held an impromptu press conference to describe what sectors of the U.S. economy may need direct financial assistance to bridge revenue gaps from mandated government policy. The stock market is not the U.S. economy.

Calling this type of financial assistance a “bailout” is not a fair term considering the financial impact was created by government instruction.  Government orders to shut down restaurants creates a financial loss for restaurants who also have bills and payroll obligations to meet.  These types of affected businesses will need immediate assistance.

Airlines, hotels, resorts, private parks, gyms, restaurants and various entertainment companies/industries may also need a direct infusion of cash or deferred tax payment to compensate for financial losses.  Again, these businesses have been impacted by government ordering their closure. Depending on the size of the business, the need for gap funds may be urgent.

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Almost everyone who researched the substance behind Rod Rosenstein and Robert Mueller’s heavily promoted Russian indictments knew the underlying claims were centered on the thinnest of evidence.

A few Facebook memes were used to accuse Russian company Concord LLC of violating FARA and FEC election laws.

In July,2018, Robert Mueller asked a federal judge in Washington for an order that would protect the handover of voluminous evidence to lawyers for Concord Management and Consulting LLC, one of three companies and 13 Russian nationals charged in a February 2018 indictment. They are accused of producing propaganda, posing as U.S. activists and posting political content on social media as so-called trolls to encourage strife in the U.S.

Indeed, to an incurious media, a Russian catering company posting Facebook memes might sound like a good justification for a vast Russian election interference prosecution; however, when Concord & the accused Russians show up in court and request to see the evidence against them, well, the prosecutors might just have a problem.  It’s that problem that dogged the Mueller prosecution since 2018.   Today, predictably and finally, the DOJ dropped the nonsense case (full pdf below):

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