Devin Nunes appears on Fox Business News for a discussion on current investigations.

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National Economic Council Director Larry Kudlow has been doing a great job in his role as an economic cheerleader and sounding board for President Trump on COVID mitigation. In this interview Kudlow discusses a ‘potential’ phase-4 stimulus package targeted to offset very specific sectors at risk from continued COVID-19 closures.

Additionally, Kudlow notes there could be financial incentives, offsets to expenses, to help schools re-open this fall in the event COVID mitigation creates higher costs. Lastly, Kudlow again notes that China is in a precarious position from the outlook of the White House.

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It sure seems this COVID economic battle is more psychological than anything else. The media is pushing the fear narrative hard… very hard.

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President Trump and First Lady Melania Trump participate in a National Dialogue on Safely Reopening America’s Schools. Anticipated start time 3:00pm ET

White House – Today at 3:00 p.m., President Trump, First Lady Melania Trump, several administration officials, and teachers, administrators, and students from around the country will participate in a roundtable discussion on the safe reopening of schools, with respect to the holistic health and learning needs of America’s students.

WH Livestream Link – Fox News Livestream – Alternate Livestream

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Earlier today Harvard University announced all classes this year and next will be taught virtually.  Incoming Freshman will have dorms, but no classes will have in-person instruction; all classes will be virtual.  The total student body on campus will be kept under a forty percent threshold due to COVID-19 efforts.

MASSACHUSETTS – “In addition to freshmen, Harvard will host as many students who “must be on campus to progress academically” this fall as it can without exceeding the 40 percent threshold. All courses will be taught virtually for students both on and off campus.”

Additionally, Harvard will not be making any adjustments to their tuition rates.

A few hours later U.S. Immigration and Customs Enforcement announced any foreign student who attends a U.S. university with only virtual classes will lose their student visa.

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In a carefully orchestrated, timed and planned effort to maximize the political strategy of Joe Biden’s campaign director, James Clyburn, the capitol building was used as a stage.

While simultaneously making cultural appropriation great again House Speaker Nancy Pelosi, gave her political stunt crew Kente cloths to wear while bringing New Black Pander Party (NBPP) together for a cringe-worthy political stunt at Emancipation Hall.

The motives of the effort are transparent.  The Democrat party, writ large, has made the calculation they cannot win the 2020 election without racial activism as the driver for votes.  South Carolina representative James Clyburn is directing the Joe Biden campaign on the best utility for black pandering, specifically focusing on the AME church network.

The strategy is not without risk.  Candidate Joe Biden defined the blackness of black people by saying if they did not support him “you ain’t black.”  Obviously the strategy to campaign on this issue was made in the days prior to the South Carolina primary.  What we see now is a continuation of that plan.  However, the pandering is over-the-top; and there are indications of a backlash from within the black community.

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First Lady Melania Trump leads a White House celebration, along with President Donald Trump, for the graduating class of 2020.

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Yesterday President Trump was questioned about Harvard receiving funds from the legislative CARES Act relief program:

Q I wanted to follow up on — you said about the small business program, Harvard is going to pay the money back. How confident are you that you can claw back money from places like Harvard?

THE PRESIDENT: Well, I’m going to have to look. I don’t like when Harvard — that has, I think, a $40 billion endowment or some incredible amount of money — that Harvard gets this money. Harvard should pay that money back. I want Harvard to pay the money back. Okay? And if they won’t do that, then we won’t do something else. They have to pay it back. I don’t like it. I don’t like it.

This is meant for workers. This isn’t meant for one of the richest institutions, not only — far beyond schools — in the world. They got to pay it back. I want them to pay it back.

Originally Harvard said they were not going to give back the funds.  Today, they reversed their position:

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Over the past three days a bipartisan group of senators, not leadership, constructed a $1.6 Trillion emergency aid package to rescue the U.S. economy and American workers.  The package had the support of Mitch McConnell. It is called The Coronavirus Aid, Relief, and Economic Security Act, or “CARE Act“. [READ BILL S.548 HERE]

However, at the last minute House Speaker Nancy Pelosi, having returned from her House recess vacation sipping cocktails poolside, instructed Senate Minority Leader Chuck Schumer to crush the senate effort.

Power hungry Pelosi sees an opportunity to use the looming economic crisis as leverage for selecting winners & losers amid the K-Street lobbying community.  Donors for Democrats will be rewarded; supporters of Republicans, not-so-much.  This is DC at it’s worst and Pelosi isn’t going to lose another opportunity.  It’s the same process she used in ’08/’09.

“Twice in one lifetime… How blessed am I?”

Senator Schumer did as he was instructed.  The relief bill did not pass cloture (60 votes needed), and the three-day effort collapsed.  Immediately the DOW futures dropped 5%.

WASHINGTON DC – “I want everybody to fully understand if we aren’t able to act tomorrow, it will be because of our colleagues on the other side continuing to dicker when the country expects us to come together and address the problem,” McConnell said on the floor. He added that over the last 48 hours there were bipartisan discussions among “regular members of the Senate, not in the Leadership office, not in the speaker’s office for goodness sakes.”

“She’s the Speaker of the House, not the Speaker of the Senate,” McConnell added. “We were doing just fine until that intervention.”  (more)

There are two main points Pelosi is targeting.  First, because COVID-19 creates a MASSIVE SPENDING opportunity, Speaker Nancy Pelosi wants to include the elimination of college debt, literally wipe out student loans – which ironically and intentionally were created under Obamacare, in the coronavirus bill.

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Presidential candidate and billionaire Michael Bloomberg is coming under scrutiny for his elitist comments about farmers not being smart enough to add value in the era of technology.   In some ways it’s predictably sad, in other ways his condescension simply reflects the outlook of modern Democrats.

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While it is angering to watch this pontificating condescension; at another level it is entirely predictable. Both the old school Fabian socialist outlook and the modern Democrat ideology is based on superiority.
George Bernard Shaw, a founder of modern socialist thought, famously said at some point each citizen should be required to stand before a tribunal and explain their value. If the community does not find value in that person, then society would be better off eliminating them. You can extend that same perspective into almost every policy advocated by the current political left.  It’s a short walk from Bloombergs’ speech to the cattle-cars.
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Earlier today President Trump held an oval office event focused on protecting every student’s constitutional right to pray in school. The president is updating Federal guidance regarding protected prayer and religious expression in public schools (not updated since 2003).  The new guidance makes clear that students can read religious texts or pray during recess and other non-instructional periods, organize prayer groups, and express their religious beliefs in their assignments.  [Video and Transcript Below]
The president also answered questions from the attending press pool:

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[Transcript] – THE PRESIDENT: Well, thank you very much. A couple of things happened today that are very exciting. The USMCA passed the Senate. It’s one of the biggest trade bills ever made.
And then, yesterday, as you know, China passed, and that’s something that is extraordinary. And it’s going to have tremendous far-reaching effects, including our relationship, long term, with China, our farmers and manufacturers and bankers, and everybody. It’s jobs. It’s jobs like we’ve never seen before, and that’s going to be something very special. And USMCA today, which just passed by a very comfortable vote — a very high vote — we are very proud to have that.
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