The ADP payroll report shows a drop of 27,000 jobs, better than the forecast drop of 125,000; but many fear the worst is yet to come as millions of people file unemployment claims as a result of the coronavirus shut-down.

A big unknown question surrounds the number of employees that businesses will attempt to keep on the payroll through use of the coronavirus relief funds passed by congress.

The ADP period in the latest report ran through March 12th.  Within that data Goods-producers lost 9K jobs while Services were down twice that much. Small businesses (fewer than 50 employees) were the hardest hit, shedding 90K positions last month; while Large businesses (greater than 500 employees) actually gained 56K jobs; and Medium-sized businesses grew 7K through the March 12th period.

The big question surrounds how quickly small businesses can access the federal relief funds; and whether those businesses will use the incentives to retain their workers.

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On Tuesday evening March 31st President Trump and the coronavirus task force held a briefing that lasted more than two hours.  Here’s the 24,000 word transcript:

[Transcript] – THE PRESIDENT: Thank you very much, everyone. Our country is in the midst of a great national trial, unlike any we have ever faced before. You all see it. You see it probably better than most.

We’re at war with a deadly virus. Success in this fight will require the full, absolute measure of our collective strength, love, and devotion. Very important.

Each of us has the power, through our own choices and actions, to save American lives and rescue the most vulnerable among us.

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Yesterday during the white house briefing on the status of the coronavirus, CNN asked President Trump why he wasn’t being more dramatic and emphasizing the potential downsides to the COVID-19 impact on the nation.  President Trump responded:

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[Hat Tip Carpe Donktum for the video recap]

One of the many things that makes President Trump valuable during this crisis is his non-political authenticity. We can see and feel President Trump’s desire to get through this challenge, hold our people together, and exit even stronger than before.

No decisions are easy and the pressure is enormous; yet inherently most Americans know what President Trump is trying to do is deliver the best possible outcome for our nation.

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U.S. Treasury Secretary Steven Mnuchin has announced that small businesses (0 to 500 employees) and sole proprietorships can start applying for the coronavirus relief funds on April 3rd.  One week later, April 10th,  self-employed individuals, 1099 contractors and s-corps can apply.  [Visit SBA.gov/coronavirus]

[pdf link available here]

WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need.

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Earlier today President Trump re-emphasized a point he has made previously; with near-zero interest rates, now is the time to consider a $2 trillion direct infrastructure program to rebuild U.S. roads, highways, airports, bridges, tunnels and technology networks.

The U.S. dollar is in high demand as countries and international investors seek the security of U.S. bonds.  As a result, the value of the dollar is high – which has the negative impact of making our exported products more expensive.

However, this investment demand scenario provides an opportunity to sell bonds, take investment dollars with near-zero interest, and then use the funding to work on internal economic expansion offsetting the challenges of a high dollar value on exports.

President Trump clarified at his press conference today the objective of an infrastructure bill would be based on real, substantive improvements; and he would not support any investment toward the ridiculous schemes within the green new deal.

America First !

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MyPillow founder Mike Lindell has shifted the majority of his U.S. manufacturing plants to generate 50,000 healthcare masks per day.   During his announcement at the White House Mr. Lindell shared a hope that Americans will revisit their faith and embrace God and hope during their time at home. The media went absolutely bananas.

Today Mr. Lindell explains why he told people to pray during their time in isolation amid the coronavirus pandemic.  Mike Lindell is buckets of awesome.

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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 the White House will hold a briefing for the public and media on the latest mitigation efforts against the coronavirus. [Livestream Links Below]

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

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After the DOJ Offfice of Inspector General (OIG), Michael Horowitz, presented his December 2019 findings of the FISA application used against U.S person Carter Page, the gross deficiencies and intentional fraud were so extensive the IG said he was going to review a sample of FISA applications to identify if the fraud and abuse was widespread.

The OIG began reviewing FISA applications from eight field offices (the proverbial “rank and file”).  The OIG selected 29 FISA applications from those field offices over the period of October 2014 to September 2019.  Additionally, every field office and the DOJ-NSD generate internal “Accuracy Reviews”, or self-checks on FISA applications; so the OIG inspected 42 of the accuracy review FISA files to determine if they were compliant.

The results were so bad the IG produced an interim memorandum to the DOJ and FBI [pdf link here].  Within the 17-page-memo the IG notifies Attorney General Bill Barr and FBI Director Chris Wray that all of the claimed FISA processes, in every field office, are grossly deficient, and in most cases there is zero compliance with FISA standards.  The IG memorandum is presented before the IG even looks at the specifics of the non-compliance.

Below is the report/memorandum.  Additionally I am summarizing the stunning top-lines identified by the IG memo:

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First, the question is technically silly.  New York Governor Andrew Cuomo cannot “run for president” because all of the deadlines have passed, ballots printed, and the official architecture of the DNC election process would not support a “run for president” etc.

However, beyond the false question is the strong likelihood Gov. Andrew Cuomo is being positioned to be recruited as the consensus nominee at the DNC convention.  That scheme is 100% on track to be executed; and that plan would involve Andrew Cuomo saying exactly what he is saying in this interview; and then later he is recruited by the DNC club leadership and super-delegates.  [Oh, and the club can pull this off… easily.]

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Cuomo cannot hint he would be open to such a possibility because the democrat voters, who don’t understand private political club rules, may suddenly realize their precious “democracy”, vis-a-vis an election process, is really just a hall of mirrors.

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Beware of Lt. Gen. Todd Semonite. A review of his social media shows a strong political alignment with team “resistance“.  The head of the Army Corps of Engineers appears with Martha MacCallum to discuss his efforts within the COVID-19 response team.

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