Reports of North Korea’s Kim Jong-un being in poor health, and/or dead, have been swirling for days.  President Trump said he did not trust the initial media reports and Secretary Mike Pompeo said “we’re watching the situation very keenly.”

Reuters is reporting today that China sent a team including doctors into North Korea to assist Chairman Kim; again, depending on the actual status of the DPRK leader, the delegation could mean a rather large difference in what’s going on.

China controls North Korea; it is simply part of their cunning geopolitical strategy to use the DPRK for their own interests and simultaneously have plausible deniability for it.  In essence Chairman Kim is the hostage of Chairman Xi Jinping, and the world has a poor understanding of the complexity created by this dynamic.

If Kim Jong-un is in a very serious physical state (and/or dead) then the visit by the Beijing delegation would likely be to establish the terms and conditions for his successor.  Again, another captive for the Chinese regime that must present an entirely different face to the world.  Hopefully this is not the issue and Chairman Kim will recover.

(more…)

The insufferable Cavuto made the mistake of asking White House Manufacturing and Policy Advisor Peter Navarro if he “trusts China”?   Well, Navarro immediately responds with his description of China’s “four kills”, so it’s safe to put Navarro in the no column.

(1) China created the virus, possibly in a bioweapons lab;  (2) China hid the virus from the world while seeding the planet with infected travelers; (3) while downplaying the virus through the WHO, China was simultaneously gathering up all PPE from around the world; (4) after they hoarded all PPE China then profiteers by selling at massively inflated prices.

China is asshoe.

(more…)

National Economic Council Director Larry Kudlow appears on Fox Business to discuss more details about reopening the U.S. economy.  As Kudlow shares if we advance Main Street policies to generate economic expansion there will likely be much less need for any financial recovery package.  We cannot spend our way out of the problem.

Providing tax relief and incentives for manufacturing and business investment in the U.S. is one way to generate faster growth and recover jobs without direct spending.

(more…)

The biggest of all the bigger financial issues around the economic shut-down will ultimately come down to a battle this spring/summer over a massive bailout for state governments to replace their missing revenue.  States like California, New Jersey, Illinois, Connecticut & New York have been struggling with financial issues for years.

“You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before.”  ~ Rahm Emanuel

Long before the Wuhan Virus those states were near financial collapse.  The only thing keeping them afloat was as expanding economy, and new revenue as a result of President Trump’s economic policies (making bigger pies).

The economic shut-down in those specific states makes their preexisting financial trouble exponentially worse.

Not only will CA, NJ, IL, CT and New York demand a bailout, a very massive bailout to cover their revenue shortfall, but they will almost certainly use the wuhan virus as an excuse to cover and bail-out preexisting budget deficits.  Governor Andrew Cuomo hinted toward his intention weeks ago.  He sees this as an opportunity to get federal money.

So when Senate Majority Leader Mitch McConnell throws a bucket of ice water in the face of blue state governors who were anticipating to “make money” by forcing the country to subsidize their overindulgent spending habits, obviously Cuomo is apoplectic.  WATCH:

(more…)

Labor Secretary Eugene Scalia appears with Maria Bartiromo to discuss the skyrocketing unemployment claims and catastrophic level of unemployed workers. Secretary Scalia says there is more reason for optimism in recovery than in past downturns because the coronavirus is a health crisis, not an underlying economic problem.

(more…)

Earlier today National Economic Council Director Larry Kudlow appeared on Fox Business with Lou Dobbs to discuss congress renewing funding for the small business and payroll protection program.   Kudlow estimates current unemployment at more than sixteen percent (16.3%).

When questioned about potential changes to our economic system, financial system and potential increases in taxes, Kudlow gets energized and jumps on the table to talk about the Main Street MAGA program. Focus on blue-collar, focus on the middle-class, let’s get manufacturing moved back into the United States and re-energize the economy….

(more…)

Along a party line vote in the House of Representatives, today House Democrats created a Coronavirus investigation committee to be led by candidate Joe Biden’s official political handler and control officer: South Carolina Democrat Rep. Jim Clyburn.

The assembly of the Clyburn Committee is the DNC’s fourth political effort to remove President Trump from office. (1) 2017: Russia Collusion; (2) 2018: Mueller Obstruction; (3) 2019: Ukraine interference; and now (4) 2020: Coronavirus caused by Trump.

The DNC Club boldly created the Coronavirus Oversight Committee to find new and insightful ways to claim the Wuhan Virus was caused by President Trump.  However, it is the installation of Jim Clyburn, the engineer for the Joe Biden campaign, as the head of that committee that shows the political intents for 2020.

Democrats are not even trying to hide it.

Right before the SC Primary the DNC Club knew they had a problem with the Bernie Sanders momentum.  An urgent assembly of all party control officers was called. The DNC Club designed a plan around using James Clyburn as the official spark for Joe Biden to take back control of the primary outcome.

(more…)

Unfortunately, with President Trump effectively communicating the latest information on the federal efforts to mitigate COVID-19, more corporate U.S. resistance media have decided not to carry the live broadcasts from the White House task force briefings.

Today at 5:00pm ET the White House will hold a beating for the media and share the latest mitigation efforts against the coronavirus. [Livestream Links Below]

White House Livestream Link – Fox News Livestream – CSPAN Livestream Link

(more…)

Earlier today New York Governor Andrew Cuomo released initial data from 3,000 people tested for COVID-19 antibodies throughout the state.  Interestingly, though not surprisingly, the field tests were conducted on the general public who were visiting retail supermarkets and box stores (WalMart, Target, Costco, etc.).  The resulting data falls directly in line with previous CTH analysis of human interface.

The preliminary New York results show a state-wide infection rate of 13.9 percent within the sample. Which would extend to 2.7 million people state-wide.  With that infection rate, the mortality rate from the infection would drop to 0.5 percent.

The samples show an infection rate in New York City is 21.2 percent. [WATCH]

(VIA CBS) – New York’s first survey of coronavirus antibodies shows that 13.9% of those tested in the state had coronavirus antibodies in their system, meaning they have contracted and recovered from the virus, New York Governor Andrew Cuomo said Thursday. That suggests that 2.7 million people have been infected statewide.

(more…)

Another painful week as the Dept. of Labor provides the latest data on jobs and the economy. For the week ending April 18, an additional 4.427 million Americans filed unemployment claims.

Over the past five weeks, more than 26 million Americans have filed unemployment insurance claims.

U.S. Labor Secretary Eugene Scalia issued the following statement:

“Today’s unemployment report shows continued, elevated unemployment claims caused by the coronavirus pandemic. The Department of Labor is continuing to provide guidance and support to the States as they implement the enhanced unemployment benefits under the CARES Act, with 44 States now paying the $600 additional weekly benefit provided by the Act.”

“The Department also continues to implement the paid leave requirements of the Families First Coronavirus Response Act, and has now initiated hundreds of cases to ensure workers receive what they’re entitled to under the law. As American businesses look to open up again under the guidelines presented by the White House last week, the Department’s Occupational Safety and Health Administration will continue to provide guidance and support to protect workers and ensure safe workplaces, backed up as necessary by appropriate use of OSHA’s enforcement authorities.”  (LINK)