Saturday, April 11, 2020

Why Is The Microsoft Death And Infection Model So Exponentially Wrong?


NationalReview |  To describe as stunning the collapse of a key model the government has used to alarm the nation about the catastrophic threat of the coronavirus would not do this development justice.

In a space of just six days starting April 2, two revisions (on April 5 and 8) have utterly discredited the model produced by the University of Washington’s Institute for Health Metrics and Evaluation. I wrote about the IHME’s modeling at National Review on Monday, the day after the first revision — which was dramatic, but pales in comparison to Wednesday’s reassessment. This was not immediately apparent because the latest revision (April 8) did not include a side-by-side comparison, as did the April 5 revision. Perusal of the new data, however, is staggering, as is what it says about government predictions we were hearing just days ago about the likelihood of 100,000 deaths, with as many as 240,000 a real possibility.

As I noted in my last post on this subject, by April 5, the projection of likely deaths had plunged 12 percent in just three days, 93,531 to 81,766. Understand, this projection is drawn from a range; on April 2, IHME was telling us cumulative COVID-19 deaths could reach as high as approximately 178,000. The upper range was also reduced on April 5 to about 136,000.


 On April 8, the projected cumulative deaths were slashed to 60,145 (with the upper range again cut, to about 126,000). That is, in less than a week, the model proved to be off by more than 33 percent.


My use of the term “off” is intentional. There is no shortage of government spin, regurgitated by media commentators, assuring us that the drastic reductions in the projections over just a few days powerfully illustrate how well social distancing and the substantial shuttering of the economy is working. Nonsense. As Alex Berenson points out on Twitter, with an accompanying screenshot data updated by IHME on April 1, the original April 2 model explicitly “assum[ed] full social distancing through May 2020.”


The model on which the government is relying is simply unreliable. It is not that social distancing has changed the equation; it is that the equation’s fundamental assumptions are so dead wrong, they cannot remain reasonably stable for just 72 hours.

And mind you, when we observe that the government is relying on the models, we mean reliance for the purpose of making policy, including the policy of completely closing down American businesses and attempting to confine people to their homes because, it is said, no lesser measures will do. That seems worth stressing in light of this morning’s announcement that unemployment claims spiked another 6.6 million (now well over 16 million in just the past couple of weeks), to say nothing of the fact that, while the nation reels, the Senate has now chosen to go on recess, having failed, thanks to Democratic obstinacy, to enact legislation to give more relief to our fast-shrinking small-business sector.

LITTLE MAN! We're Goople - And We're Here To Help (What Could Possibly Go Wrong?)


bloomberg |  The technology, known as contact-tracing, is designed to curb the spread of the novel coronavirus by telling users they should quarantine or isolate themselves after contact with an infected individual.

The Silicon Valley rivals said on Friday that they are building the technology into their iOS and Android operating systems in two steps. In mid-May, the companies will add the ability for iPhones and Android phones to wirelessly exchange anonymous information via apps run by public health authorities. The companies will also release frameworks for public health apps to manage the functionality.

This means that if a user tests positive for Covid-19, and adds that data to their public health app, users who they came into close proximity with over the previous several days will be notified of their contact. This period could be 14 days, but health agencies can set the time range.

The second step takes longer. In the coming months, both companies will add the technology directly into their operating systems so this contact-tracing software works without having to download an app. Users must opt in, but this approach means many more people can be included. Apple’s iOS and Google’s Android have about 3 billion users between them, over a third of the world’s population.

The pandemic has killed more than 100,000 and infected 1.63 million people. Governments have ordered millions to stay home, sending the global economy into a vicious tailspin. Pressure is building to relax these measures and get the world back to work. Contact-tracing is a key part of this because it can help authorities contain a potential resurgence of the virus as people resume regular activities.

Controlavirus: The Chinese Communist Party CCP Virus And The Great Blame Game



SCMP |  In October, the US Senate Select Committee on Intelligence noted in the first line of its report on Russia’s use of social media to meddle in the 2016 US presidential election, that “information warfare [is] designed to spread disinformation and societal division”. Zhao’s tweets accom­plished both. The disinformation was obvious. Critical thinking in abeyance, plenty of people will believe a claim that the US Army planted Covid-19 in Wuhan; even more will want it to be true.

When US President Donald Trump, Secretary of State Mike Pompeo and others began fighting back by loudly and repeatedly calling Covid-19 “the Chinese virus”, social division in the US grew, if that is possible. The media accused Trump of being racist and xenophobic, and inciting more of the same towards Chinese-Americans. This only caused Trump to say it louder and more often.

One wonders how much longer Washington will conti­nue fighting the information war against Beijing with one arm tied behind its back. Chinese media enjoy free run of the US, including on Twitter. The US has no such freedom in China.

Not a few pundits in these past few weeks have predicted Covid-19 will end globalisation, or even “life as we know it”. That seems unlikely, given the short-term nature of people’s memories and how profitable “life as we know it” has been for so many. But given the mischief Zhao’s tweets caused, Beijing’s days on Twitter might be numbered.

The Covid-19 Economic and Political Restructuring Narrative In The Light Of Preference Falsification


Thanks to Eric Weinstein, this year's curriculum kicked-off with an introduction to the concept of "preference falsification".  The ongoing and encompassing tsunami of current events make it exceedingly germaine for you to revisit this little-known - but nevertheless determinative concept.

voxeu |  We characterise the motivations central to the workings of civil society by a series of other regarding or ethical values including reciprocity, fairness, and sustainability. Also included is the term identity, by which we refer to a bias in favour of those who one calls “us” over “them.” We draw attention to this aspect of the civil society dimension to stress that in insisting on the importance of community in fashioning a response to the pandemic, we recognise the capacity of these community-based solutions to sustain xenophobic, parochial, and other repugnant actions.

Figure 2 illustrates the location in “institution-space” of different responses to the epidemic. At the top left is the government as the insurer of last resort. Neither market nor household risk-sharing can handle an economy-wide contraction of activity required by containment policies; and neither can compel the near-universal participation that makes risk pooling possible.

Closer to the civil society pole are social distancing policies implemented through consent. The triangle opens up space for modern-day analogues of the so-called Dunkirk strategy – small, privately owned boats took up where the British navy lacked the resources to evacuate those trapped on the beaches in 1940.  An example is the public-spirited mobilisation by universities and small private labs of efforts to undertake production and processing of tests and to develop new machines to substitute for scarce ventilators.

These examples underline an important truth about institutional and policy design: the poles of the institution space – at least ideally – are complements not substitutes. Well-designed government policies enhance the workings of markets and enhance the salience of cooperative and other socially valuable preferences.  Well-designed markets both empower governments and make them more accountable without crowding out ethical and other pro-social preferences.

Much of the content that we think is essential to a successful post-COVID-19 economic vernacular is present in two recent advances in the field.

The first is the insight – dating back to Hayek – that information is scarce and local. Neither government officials nor private owners and managers of firms know enough to write incentive-based enforceable contracts or governmental fiats to implement optimal social distancing, surveillance, or deployment of resources to the health sector, including to vaccine development.

The second big change in economics gives us hope that non-governmental and non-market solutions may actually contribute to mitigating problems that are poorly addressed by contract or fiat.  The behavioural economics revolution makes it clear that people – far from the individualistic and amoral representation in conventional economics – are capable of extraordinary levels of cooperation based on ethical values and other regarding preferences.  

As was the case with the Great Depression and WWII, we will not be the same after COVID-19. And neither, we also hope, will be the way people talk about the economy.

But there is a critical difference between the post-Great Depression period and today. The pandemic of that era – massive unemployment and economic insecurity – was beaten new rules of the game that delivered immediate benefits. Unemployment insurance, a larger role for government expenditures and, in many countries, trade union engagement in wage-setting and the introduction of new technology reflected both the analytics and the ethics of the new economic vernacular. The result was the decades of performance referred to as the golden age of capitalism, making both the new rules and the new vernacular difficult to dislodge. 

It is possible, but far from certain, that the mounting costs of climate change and recurrent pandemic threats will provide an environment that supports a similar symbiosis between a new economic vernacular and new rules of the game yielding immediate concrete benefits. 

AG Bill Barr Say He Still Tryna Bring Coup Plotters To Justice


CTH |  AG Bill Barr notes John Durham will bring criminal charges against those in the previous administration: “he is looking to bring to justice people who were engaged in abuses if he can show that there were criminal violations; and that’s what the focus is on.”

INGRAHAM – John Brennan was smashing the President’s firing of Inspector General Michael Atkinson, let’s listen:

BRENNAN – “By removing Mr. Atkinson, and I think also sending a signal to others, Mr. Trump continues to show his insecurity in terms of trying to stop anybody who was going to expose, again the lawlessness, that I think he not only has allowed to continue, but also that he abets.”

BARR – “I think the president did the right thing in removing Atkinson. From the vantage point of the Dept. of Justice, he had interpreted his statute; which is a fairly narrow statute that gave him jurisdiction over wrong-doing by intelligence people; and tried to turn it into a commission to explore anything in the government, and immediately report it to congress without letting the executive branch look at it and determine whether there was any problem.  He was told this in a letter from the department of justice, and he is obliged to follow the interpretation of the department of justice, and he ignored it. So I think the President was correct in firing him.”

INGRAHAM – “An it’s the second inspector general he’s fired since the beginning of this pandemic. And of course that’s used to say: ‘well, the president doesn’t want a watchdog’.”

BARR – “No, I think that’s true. I think he want’s responsible watchdogs.”

INGRAHAM – What can you tell us about the state of John Durham’s investigation? People have been waiting for the, the final report, on what happened with this, what can you tell us?

BARR – “Well I think a report y’know, may be, and probably will be, a by-product of his activity; but his primary focus isn’t to prepare a report, he is looking to bring to justice people who were engaged in abuses if he can show that there were criminal violations; and that’s what the focus is on. And, uh, as you know, being a lawyer yourself, building these cases, especially the sprawling case we have between us that went on for two or three years here, uh…, it takes some time, it takes some time to build the case.”

“So he’s diligently pursuing it, uh.. My own view is that, uh, the evidence shows that we’re not dealing with just mistakes or sloppiness, there was something far more troubling here; and we’re going to get to the bottom of it. And if people broke the law, and we can establish that with the evidence, they will be prosecuted.”

AG Bill Barr Don't Remember Voting For No Bill Gates


dailywire |  LAURA: Bill Gates, the Gates Foundation are in favor of developing digital certificates that would certify that individuals, American citizens, have an immunity to this virus and potentially other viruses going forward to then facilitate travel and work and so forth. What are your thoughts from a civil libertarian point of view about these types of – what some would say tracking mechanisms that would be adopted going forward to reopen our broader economy?

BARR: Yeah, I’m very concerned about the slippery slope in terms of continuing encroachments on personal liberty. I do think during the emergency, appropriate, reasonable steps are fine.

LAURA: But a digital certificate to show who has recovered or been tested recently or when we have a vaccine who has – of people who’ve received it. That’s his answer in a Reddit ask me anything. They had a little forum.

BARR: Yeah, I’d be a little concerned about that, the tracking of people and so forth, generally, especially going forward over a long period of time.

LAURA: Are you surprised at how wildly partisan a response to this pandemic has become in the United States? I know everything’s political, but this is about saving lives and saving the broader life of America, and yet from a drug like hydroxychloroquine that’s been around for 65 years, 70 years, to other measures the president’s taken, working with Democrat governors quite well, looks like, it never seems to be good enough.

BARR: No, I have been surprised at it. In fact, it was very disappointing because I think the president went out at the beginning of this thing and really was statesman like, trying to bring people together, working with all the governors, keeping his patience as he got these snarky, gotcha questions from the White House media pool. And it – the stridency of the partisan attacks on him has gotten higher and higher, and it’s really disappointing to see. And the politicization of decisions like hydroxychloroquine has been amazing to me. Before the president said anything about it, there was fair and balanced coverage of this very promising drug, and the fact that it had such a long track record, that the risks were pretty well known, and as soon as he said something positive about it, the media’s been on a jahad to discredit the drug, it’s quite strange.

LAURA: There’s a lot of concern now, given the — again, the length of this time, the concern when you hear Dr. Fauci say, well we probably can’t go back to normal life until a vaccine, would be like 12 months, 18 months, that if things don’t open up pretty soon, over some gradual reopening with new protocols and all that, there’s a concern about social unrest. You’re seeing a lot of stores boarded up in San Francisco, Chicago, Detroit, St. Louis, and you’re seeing more of that, small businesses affected, especially by theft and — and other criminal activity. How concerned are you about the social unrest and criminal activity in an ongoing shutdown?

BARR: I mean, I think if we extend a full shutdown, that’s a real — that’s a real threat in some of our communities. But, I don’t think it’s limited to that. I think the president’s absolutely right, we cannot keep, for a long period of time, our economy shut down. Just on the public health thing, you know, it means less cancer — cancer researchers are at home. A lot of the disease researchers, who will save lives in the future, that’s being held in abeyance. The money that goes into these institutions, whether philanthropic sources or government sources, is going to be reduced. We will have a weaker healthcare system if we go into a deep depression. So, just measured in lives, the cure cannot be worse than the disease. But when you think of everything else, generations of families who have built up businesses, for generations in this country — and recent immigrants who have — who have built businesses, snuffed out. Small business that may not be able to come back if this goes on too long. So, we have to find, after the 30 day period, we have to find a way of allowing businesses to adapt to this situation and figure out how they can best get started. That’s not necessarily instantaneously going back to the way life was —

LAURA: Well, people are going to be afraid to go out for a long period of time.

BARR: A period of time.

LAURA: And they’re going to be afraid to restaurants, not — maybe won’t go to the re-up at their health club —

BARR: Right. Right.

LAURA: — but people have to have confidence that it’s decently safe out there to move around.

BARR: Right. And that’s why they have to be given accurate information. But also we have to make PPE more broadly available. Restaurants have to change their protocols, perhaps, or other businesses —
LAURA: A lot of them can’t stay in business if they can’t pack it in. You know D.C., and they’ve got to pack — that’s the only way they make money paying these jacked up rents.

BARR: That’s — right, that’s a danger. That’s a danger. So, I think we have to allow people to figure out ways of getting back to work and keep their workers and customers safe. I’m not suggesting we stop social distancing overnight. There may come a time where we have to worry less about that. So, you know, I don’t know when that will be.

LAURA: One question I didn’t ask before — federalism, states rights, the president has been very clear on that during this health crisis. Are you surprised that certain states, New Jersey, in particular, had come in to say that gun stores are nonessential, gun shops are nonessential, but abortion facilities are essential, given — given what we’re facing?

BARR: Well, I’m not surprised. I mean, that’s where our politics are these days. But, obviously, the federal government agreed that gun stores are essential.

LAURA: And abortion facilities in Texas deemed nonessential by the governor, lieutenant governor very strong on that, that saw a lot of legal challenges. Do you foresee —

BARR: I think it was just upheld.

Friday, April 10, 2020

Little Man: Why Wall Street Gets A Bailout And You Don't!!!


mattstoller |  Three weeks ago, the government passed a giant multi-trillion dollar bailout. Supposedly, it was money for a host of stakeholders, including hospitals, states, Wall Street banks, big business, the unemployed, and small businesses. Today the Federal Reserve built on top of Congress’s framework, announcing yet another multi-trillion dollar set of facilities, on top of what it already put out, to help cities, states, small businesses, main street businesses, and so on and so forth. 

So what has happened so far? This is today’s change in stock price of a real estate venture run by one of largest private equity funds in the world. 

Image

A thirty five percent jump in a day is… a lot. The reason the stock skyrocketed is because investors believe the new measures from the Federal Reserve will bailout the debt of this private equity fund. There’s a ‘monetary bazooka’ aimed at the economy. And yet there’s a puzzle. If there’s money for the entire economy, why is that normal people and small businesses can’t access unemployment insurance and lending programs? To put it another way, why is the money meant for everyone only showing up in the stock market? 

The reason is because money has to travel through institutions, and right now, the institutions for the powerful function well, and those for the rest of us are rickety and broken. So money gets to the rich first. Eventually, some money will get to the rest of us, but in the interim period before that money fully circulates, the wealthy can use their access to money to buy up physical or financial assets.

An 18th century French banker and philosopher named Richard Cantillon noticed an early version of this phenomenon in a book he wrote called ‘An Essay on Economic Theory.’ His basic theory was that who benefits when the state prints a bunch of money is based on the institutional setup of that state. In the 18th century, this meant that the closer you were to the king and the wealthy, the more you benefitted, and the further away you were, the more you were harmed. Money, in other words, is not neutral. This general observation, that money printing has distributional consequences that operate through the price system, is known as the “Cantillon Effect.”

Rape Culture: $6-10 Trillion Additional Federal Debt Taken On To Bailout Predatory Speculative Parasites



sicsempercomments |  Below is a link to the growth in the Fed's balance sheet over the past few months. You will note that the Fed began expanding its asset purchases by $500 billion in the last quarter of 2019 even before the China virus hit our shores and shutdown our economy. Credit was already leaking and the Fed which has given itself the mandate to backstop financial speculation was already delivering on the Fed put. The China virus has brought out the bazooka adding nearly $2 trillion to their balance sheet just in the last 30 days.


The Fed has announced several new programs in addition to the repo program it had already initiated last year for liquidity squeezed banks. One is the purchase of investment grade corporate bonds many trading close to junk. The second announced today is the purchase of junk bonds via ETFs. This allows financial investors holding these credit instruments to sell them to the Fed enabling them to essentially not take or reduce their losses. The Fed will now hold credit instruments that could default. The third is to provide dollar liquidity to foreign banks with dollar liabilities through their central banks. Essentially the Fed is now willing to buy assets no matter how dodgy with significant credit risk.

An example is the shale patch debt. Shale companies raised junk bond financing to explore and produce oil & gas. With the crushing of the oil price, much of that debt got downgraded. Investors holding that debt were sitting on significant losses. The Fed will now buy that debt from investors with an opaque pricing essentially making them whole.

This is very similar to what they did during the 2008 mortgage credit crisis when they purchased mortgage-backed securities from investors enabling them to get out from their underwater positions. At that time Bernanke said that it was emergency action to prevent the collapse of the financial system and they would reduce their balance sheet by selling all the securities they acquired when the financial system was able to stand up again. Now they're significantly higher than at the peak of the 2008 crisis.

Chamath and others like Jack are upset because if the Fed really wanted to help the actual economy they could monetize (print money to buy up) infrastructure bonds issued by the various state, and local municipalities that could run various construction projects. They could also monetize Treasury, state and municipal debt that could be used to pay all those locked down and unable to earn a paycheck. What they're doing here as they did in 2008 is to backstop speculative losses of the financial sector.

The other story is that post-2008 it became clear to large speculators that risk taking is rewarded as long as the scale was large enough. The use of debt to buyback stock to the outsized benefit of management was immense in scale. So too was the revived CLO and other structured debt product financings. The impending downgrade of much of this corporate debt to junk meant that all those securities would have to be ejected from the portfolios that could only hold investment grade. Like most pension funds and life insurance portfolios. This was a huge crisis for the massively leveraged funds.

I work at an investment advisory firm providing services to pension funds and insurance companies. The word on the street is to expect the Fed balance sheet to be expanded by $6-$10 trillion.

Unfortunately Mom & Pop businesses most hard hit by the shutdown have no ability to get a Wall St bank to underwrite a junk bond offering that could be sold to the Fed.

Finally, I'd like to leave you with this story. This is why some are getting angry.

Gynocracy: Nominating A Demented Rapist Puts Democrat Contempt For Wymyn #MeToo On Fleek


jacobin |  When it first became clear that Joe Biden was launching a 2020 campaign for president, a lot of us were amazed that centrist Democrats would, in the #MeToo era, be stupid enough to back his candidacy. But we shouldn’t have been surprised: their feminism is fleeting and opportunistic.
This week, Tara Reade, a former Biden aide, detailed her 1993 experience of sexual assault on “The Katie Halper Show” after trying for years to get someone to listen. Reade has, predictably, been smeared as a Russian agent, because that’s how mainstream Democrats respond to anything they don’t want to hear. But she’s just one of seven women who have accused Biden of horrible behavior, charges that have been public for years.

Democratic elites have known for years about Biden’s shabby, boorish treatment of Anita Hill, the dignified law professor who accused Clarence Thomas of sexual harassment in 1991. Hill brought workplace sexual harassment into the public eye years before #MeToo. Biden was chair of the Senate Judiciary Committee at the time. He has since said that he “wished he could have done something” to ensure that her claims got a fair hearing, a pretty inept apology considering he was in charge of the proceedings.

From mainstream feminists, we’re hearing little about Biden’s #MeToo problems. In fact, some have flatly declined to be involved. As the Intercept reported this week, the feminist legal group Time’s Up had refused to take Reade’s case. In a twist, Anita Dunn, a top Biden adviser, is managing director of Time’s Up’s PR firm, SKDKnickerbocker. In another twist, Dunn also advised big Democratic donor (now convicted rapist) Harvey Weinstein on how to handle his own rape allegations. Another partner in SKDKnickerbocker, Hilary Rosen, has also been advising Biden’s presidential campaign.

The allegations aren’t getting much play in the mainstream media either. Sure, it’s a busy news cycle. And everything about Biden is boring, even his sexual assault allegations. But the day Reade’s charges went public, CNN ran an “analysis” by Chris Cillizza about Biden and gender. Its theme? “The Top 10 Women Joe Biden Might Pick as VP.”

By contrast, we’ve heard for years from these same quarters about the supposed mean, sexist tweets of the Bernie Bros, and about Bernie Sanders’s alleged tone-deafness on gender issues. But Sanders is the only candidate now running for president with no sexual assault or harassment charges against him. That’s obviously a low bar, and it’s unfortunate we have to mention it. But, perhaps relatedly, Sanders is also the only one in the race who has always been pro-choice, has always been committed to full abortion access regardless of income, and has been fighting for universal childcare for decades, as well as for advancements that benefit working-class women even more than men, like the $15 minimum wage and Medicare for All. Yet if you relied on the mainstream media for information, you’d assume that Biden was the feminist candidate in the primary, while Sanders was “problematic” for women.

A New American Deal?


mattstoller |  Since 2016, the Republicans, long a party supportive of free trade with China, began changing their relationship to both China and big finance. Trump is a protectionist who loves tariffs and closing down borders. But behind him, there is a notable new thought collective of populists who pay attention to China, which includes figures like White House advisor Peter Navarro, Fox News anchor Tucker Carlson, Senators Josh Hawley, Marco Rubio, and Tom Cotton, American Compass founder Oren Cass, Rising anchor Saagar Enjeti and United States Trade Representative Robert Lighthizer. The shift is not party-wide by any means, but it is substantial enough to massively influence policy.

This new populist thought collective includes some of the first major political figures to really get the impact of the Coronavirus, and it also includes some of the more assertive influencers of the policy debate. There is a deep streak of raw nationalism here, with Tom Cotton almost seeking great power conflict and acting reflexively hostile to multilateral institutions. But the nationalist rhetoric and jingoism of Trump can obscure a more sophisticated recognition by some people in this new populist world that the core dynamic of the China-US relationship isn’t two nation-states opposed to one another, it is an authoritarian government in China that is deeply aligned with Wall Street, against the public in both nations.

One way Rubio has tried to deal with Chinese control in the American economy is through industrial policy, meaning the explicit shaping of industrial enterprises by state financing and control. One of Rubio’s initial goals was to meet the security threat from Huawei, the Chinese telecom giant that is threatening to take over the global communications apparatus. But he’s also gone more broadly into manufacturing in general, and small business, which is a more Brandeis-style frame.

Regardless, the intellectual ferment on the right is real, and fascinating. The first fruits of this philosophical discourse is the massive SBA Paycheck Protection Program, which is a $349 billion lending program to small business negotiated with Democratic Senators. So far, the program excludes private equity-controlled corporations, and though that may change, such legislative design implies genuine skepticism of the role of high finance. That’s a significant shift from traditional Republican orthodoxy.

Operationally speaking the PPP is a mess, and Republican populists will have to confront the many institutional challenges involved in trying to get large amounts of money through the ‘rusty pipes’ of our banking system. But it’s still a remarkable achievement.

SMDH@Caitlin Johnstone Pretending That The Little Man Fitna Get Woke....,


caitlinjohnstone |  If you ask a leftist what the west’s sudden uptick in anti-China hysteria is about, they might say racism, xenophobia, and/or anti-communism. If you ask a rightist, they might tell you it’s because China lied about the virus, or because of communism, or because of China’s economic relationship with the US, or because it’s a backwards culture of people who eat different animals from us. If you ask someone who occupies the mainstream so-called “center”, they might tell you that it’s because of humanitarian concerns about China’s oppressive government, along with racism or some mixture of the aforementioned claims.

Ultimately though, it’s not about any of those things. While racism, xenophobia, anti-communism, free trade deals, authoritarianism and the virus are all real concerns which play a real role in the propaganda campaign, it’s not ultimately about any of them. Ultimately, like so much else, this is about power.

 There can only be one top dog in a unipolar world. After the fall of the Soviet Union the prevailing philosophy slowly coalesced among US policymakers that the world’s only remaining superpower needed to remain that way at any cost in order to preserve the so-called liberal world order. This philosophy rose to dominance when the neoconservatives took over the Executive Branch during the George W Bush administration, and from there their ideas simply became the mainstream orthodoxy. Now the “unipolarity at any cost” ideology of neoconservatism is so pervasive that when you see someone like Tulsi Gabbard basically just advocating for pre-9/11 US foreign policy, you see them demonized as though they supported child cannibalism.

Napoleon Bonaparte once said, “China is a sleeping giant. Let her sleep, for when she wakes she will shake the world.” Preventing the rise of China (and its loose network of other unabsorbed allies like Russia) has been a lasting agenda of the western world for generations, and the continuation of this agenda has set the world on a trajectory toward aggressive confrontation. The US has been surrounding China with military bases, many of them nuclear-armed, in preparation for a confrontation that it sees as ultimately inevitable, since China has no interest in being absorbed into the US power alliance and the US has no interest in allowing China to surpass it as a superpower.

What this means for us ordinary people is that we have found ourselves smashed between steadily increasing escalations between two nuclear-armed nations and their nuclear-armed allies hurtling toward a confrontation which benefits none of us in the slightest, while propagandists spoon feed us narratives about why this is something we should eventually support.

Thursday, April 09, 2020

And That No Man Might Buy Or Sell, Save He That Had The Mark…


straightlinelogic  |  Anyone who thinks that “emergency” measures will be rescinded or will not serve as future precedents is referred to Draconian Emergency Measures Enacted By Governments Throughout History That Have Been Rescinded and Not Served as Precedents. It’s available for free on Amazon and takes only four seconds to read; the title is longer than the book.

Perhaps the most distressing aspect of this whole ordeal is that Americans have surrendered to panic and propaganda without a shot. Molon labe and They’ll take my gun when they pry it from my cold, lifeless fingers patriots—bumper-sticker freedom fighters—are cowering in place, living off their 3, 6, 12, 24, or 60 months of provisions, lest they encounter a germ. Neighbors are reporting on neighbors who leave their houses, take a walk, clear their throats, or other heretofore legal activities (they would still be legal if the Constitution had any remaining relevance). Apps have been developed to monitor and report people’s locations, coughs, sneezes, sniffles, and runny noses. Can one that monitors and reports social distances be far behind? If only one life is saved…

With a few noteworthy exceptions (lewrockwell.com) takes the gold medal), the alternative media has been a disappointment. Bloggers who would normally cast darkly skeptical doubts if the government announced the sun will rise tomorrow have accepted official statistics, projections, propaganda, and draconian measures without a peep of skepticism or doubt. Prepper sites have perpetuated and profited from the panic, selling face masks, sanitizers, and reusable toilet paper. More alternative media sites are glomming on to what’s happening to civil liberties and the dark designs behind it, but their warnings are too little, too late.

Surrendered without a shot—they’ve got us by what’s left of our balls. The men and women who risked probabilities of death far higher than some small fraction of one percent and paid the ultimate price to defend our freedom and our lives are spinning in their hallowed graves.

STOP CLENCHING LITTLE MAN!!! Just Let It Happen...,


strategic-culture |  In the Book of Revelation [13:16-17], there is a passage that has attracted the imagination of believers and disbelievers throughout the ages, and perhaps never more so than right now: “And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark…”

Was John of Patmos history’s first conspiracy theorist, or are we merely indulging ourselves today with a case of self-fulfilling prophecy? Whatever the case may be, many people would probably have serious reservations about being branded with an ID code even if it had never been mentioned in Holy Scripture. But that certainly has not stopped Microsoft founder Bill Gates, who has been warning about a global pandemic for years, from pushing such controversial technologies on all of us.

In September 2019, just three months before the coronavirus first appeared in China, ID2020, a San Francisco-based biometric company that counts Microsoft as one of its founding members, quietly announced it was undertaking a new project that involves the “exploration of multiple biometric identification technologies for infants” that is based on “infant immunization” and only uses the “most successful approaches”.

For anyone who may be wondering what one of those “most successful approaches” might look like, consider the following top contender for the contract. Researchers at the Massachusetts Institute of Technology (MIT) have developed what is essentially a hi-tech ‘tattoo’ that stores data in invisible dye under the skin. The ‘mark’ would be delivered together with a vaccine, most likely administered by Gavi, the global vaccine agency that also falls under the umbrella of the Bill & Melinda Gates Foundation.

“The researchers showed that their new dye, which consists of nanocrystals called quantum dots… emits near-infrared light that can be detected by a specially equipped smartphone,” MIT News reported.

And if the reader scrolls to the very bottom of the article, he will find that this study was funded first and foremost by the Bill and Melinda Gates Foundation.

Today, with the global service economy shut down to prevent large groups of infectious humans from assembling, it is easier to imagine a day when people are required to have their infrared ID ‘tattoo’ scanned in order to be granted access to any number of public venues. And from there, it requires little stretch of the imagination to see this same tracking nanotechnology being applied broadly across the global economy, where it could be used to eliminate the use of dirty money. After all, if reusable bags are being outlawed over the coronavirus panic-demic, why should reusable cash get special treatment?

Little Man - All You Have Learned From This Emergency - Is That You Must Relax And Let It Happen....,


economicoutlook |  Today we consider the claim by the Financial Times editorial the other day that “Radical reforms are required to forge a society that will work for all”. It was an extraordinary statement from an institution like the FT to make for a start. But it reflects the desperation that is abroad right now – across all our nations – as the virus/lockdown story continues to worsen and the uncertainty grows. But I also think we should be careful not to adopt the view that everything is going to change as a result of this crisis. The elites are a plucky bunch, not the least because they have money and can buy military capacity. Changing the essential nature of neoliberalism, even if what has been displayed by all the state intervention in the last few months exposes all the myths that have been used to hide that essential nature, is harder than we might imagine. I think hard-edged class struggle is needed rather than middle-class talkfests that outline the latest gee-whiz reform proposals. The latter has been the story of the Europhile progressives for two decades or so as the Eurozone mess has unfolded. It hasn’t got them very far.

Financial Times goes all radical 
Fear has a way of changing peoples’ minds. Ask any torturer.

On April 4, 2020, the Financial Times editorial – Virus lays bare the frailty of the social contract – seems to have struck a nerve.

Here is an essentially conservative voice and a doyen of the financial press coming out and saying:
1. “Radical reforms are required to forge a society that will work for all”.
2. The virus is shining “a glaring light on existing inequalities”.
3. That just like during the Great Depression and World War 2, which moulded the social democratic era in the post-war period, maybe the “current feelings of common purpose will shape society after the crisis”.
4. How? To repair the “brittleness of many countries’ economies” – their unprepared health systems, the lack of collective spirit that neoliberalism has fostered as a way of redistributing income to the top and depriving millions of jobs and opportunities for careers and material security.
5. That the precarious labour markets are now making it more difficult for governments “to channel financial help to workers with such insecure employment”.
6. And while central bankers are hell-bent on saving the financial system with even greater QE interventions, the FT thinks that they will only help the “asset rich” while “underfunded public services are creaking under the burden” of past austerity.
7. We have culled support mechanisms where cost-sharing (the FT call it the sharing of “sacrifices”) can be accomplished with any sense of equity. “Sacrifices are inevitable, but every society must demonstrate how it will offer restitution to those who bear the heaviest burden of national efforts.”
8. And then we start talking about:
Radical reforms — reversing the prevailing policy direction of the last four decades — will need to be put on the table. Governments will have to accept a more active role in the economy. They must see public services as investments rather than liabilities, and look for ways to make labour markets less insecure. Redistribution will again be on the agenda; the privileges of the elderly and wealthy in question. Policies until recently considered eccentric, such as basic income and wealth taxes, will have to be in the mix.

Feminization Of Popular And Institutional Culture? Sure! Gynocracy? Don't Be Ridiculous!!!


theburningplatform |  If you think about it, the timeout has now become the go-to move from the gynocrats in charge of our culture. If you use the wrong word or phrase on social media, you get put in timeout for 12-hours. If you repeat the error, you end up in detention. Since the gynocrats have replaced the parents, there’s no parent conference for those who can’t conform to the rules. Instead, you are relegated to the trailers out back, which for the internet means setting up an account on Gab or Telegram.

This is just one reality of the world run by women. Since women have come to dominate the workplace, the fastest growing parts of the economy are those where women have the dominant position. For example, while STEM jobs get outsourced to barbarians, either imported from tribal areas or through outsourcing, health care, which is dominated by women, has been booming. Tech workers have seen declining wages, but registered nurses have seen their wages grow.

Of course, the feminization of society has been hardest on the working classes, as the jobs for working class men are replaced by jobs for women. The rise in death from despondency has been acute among working class males. A man with no way to support a family, relegated to living off a woman, has no reason to live. Inevitably, drugs, alcohol and eventually suicide become the answer. The white death that has afflicted our people is not all that different than what happened to the Indians.

The middle-class males have not escaped the ravages of the gynocracy. We’re onto at least the second generation of middle-class males raised by women in a female dominated society. The process began with the liberalization of divorce, which spread through the middle-class like a plague in the 70’s and 80’s. By the 1990’s, the feminization of America life was well underway. We’re onto our second generation of young middle-class males raised to live in the gynocracy.

You see it in marriage and dating. With scrambled sex roles, the males are ill-equipped to play their role, so they are less marriage worthy to females. On the other hand, men instinctively suspect a career woman will be a poor mother and mate. The subsequent drop in marriage and fertility is hardly a surprise. For the young men in the gynocracy, life is a bachelor’s ball on-line, punctuated by mock battles in video games and mock intimacy in the form of pornography.

As an aside, this is why someone like Richard Spencer was so appealing to young men in the alt-right days. He is the non plus ultra of gynocritic male. He is reckless, feckless and irresponsible, but immune to the consequences. Mom is always there to make everything better. He is the perpetual adolescent, unable to care for himself, but always in rhetorical revolt against the gynocracy. As a result, many young middle-class white males saw him as the ultimate expression of themselves.


Blacks Truly Do Hate Ni**ers - But "Black Privilege" Is As Preoposterous As "Gynocracy"


wsws |  Intended as a pilot for a potential full-length series, Black & Privileged is set in a neighborhood on Chicago’s south side. Upon its July release on Netflix, the film reached the top 10 most-viewed list on the streaming platform and has been featured prominently at a number of award ceremonies focused on African-American filmmaking.

While in reality a seriously impoverished community, the fictionalized version of Englewood in Black & Privileged is a well-off neighborhood whose residents are mostly upper-middle class African-American businessmen and women. One of the film’s central characters explains, in regard to the neighborhood’s composition, “We searched through the city of Chicago for folks who not only cared about this community, but they cared about the people. And they had to understand the value of money. So yes, we have our own schools, we have our own banks, we hired our own police force.”

In Harris’s film, the lives of Englewood’s happy residents are disrupted when a nearby housing project is torn down, causing low-income blacks to turn up in the wealthy gated community. This sets off an existential crisis among the well-heeled African Americans.

“If this happens, like, everybody’s going to leave—the doctors, the lawyers, entrepreneurs like myself … They’re all gone,” warns Eldon (Hendrix), on learning the unsettling news. The prosperous, self-deluded denizens of Engelwood ludicrously choose to interpret the influx of lower-income people as a scheme hatched by the “the [white] man” to break up their idyllic community.

Black and Privileged is at its best when it skewers the self-righteousness and hypocrisy of these layers. Another main character, Dawn (Halfkenny), initially supportive of the new neighbors, quotes W.E.B. DuBois: “To be a poor man is hard, but to be a poor race in a land of dollars is the very bottom of hardships.” She insists it is the community’s job to lend a “helping hand” to these poor souls. Her enthusiasm turns to panic and hostility overnight, however, when she discovers her new neighbors “standing in the middle of the street drinking 40-ouncers.” Dawn demands that her husband (Henderson) call the police on the new residents!

Wednesday, April 08, 2020

Controlaspecies: Just Let It Happen...,


alt-market |  Back in 2014 during the Ebola scare in the US I published an article warning about how a global pandemic could be used by the elites as cover for the implementation of an economic collapse as well as martial law measures in western nations. My immediate concern was the way in which a viral outbreak could be engineered or exploited as a rationale for a level of social control that the public would never accept under normal circumstances. And this could be ANY viral outbreak, not just Ebola. The point is the creation of an “invisible enemy” that the populace cannot quantify and defend itself against without constant government oversight.

I noted specifically how the government refused to apply air travel restrictions in 2014 to nations where the outbreak had taken hold when they could have stopped the spread in its tracks. This is something that was done again in 2020 as the UN's WHO and governments including our government in the US refused to stop air travel from China, pretending as if it was not a hot zone and that the virus was nothing to worry about.

This attitude of nonchalance serves a purpose. The establishment NEEDS the pandemic to spread, because then they have a rationale for strict controls of pubic activities and movements. This is the end goal. They have no care whatsoever for public health or safety. The end game is to acquire power, not save lives.  In fact, they might prefer a higher death count in the beginning as this would motivate the public to beg for more restrictions in the name of security.

Authorities went from downplaying the outbreak and telling people not to bother with preparations like purchasing N95 masks, to full blown crisis mode only weeks later. In January Trump initially claimed he "trusted" the data out of China and said that "everything was under control"; as usual only a couple months down the road and Trump flip-flopped on both assertions.  The World Health Organization refused to even label this outbreak a "pandemic" until the virus was entrenched across the globe.  The question people will ask is, was this all due to incompetence, or was it social engineering?

The Ebola event six years ago seems to have been a dry run for what is happening today.  I believe it is entirely deliberate, and I will explain why in this article, but either way, governments have proven they cannot be trusted to handle the pandemic crisis, nor can they be trusted to protect the people and their freedoms.

At the same time, the pandemic itself is tightly intertwined with economic collapse. The two events feed off one another. The pandemic provides perfect cover for the crash of the massive debt bubble central banks and international banks have created over the years. I noted in February that the global economy was crashing long before the coronavirus ever showed up.  At the same time, economic chaos increases 3rd world conditions within each country, which means poor nutrition and health care options that cause more sickness and more deaths from the virus. As outlined in 2014:

Who would question the event of an economic collapse in the wake of an Ebola (virus) soaked nightmare? Who would want to buy or sell? Who would want to come in contact with strangers to generate a transaction? Who would even leave their house? Ebola (viral) treatment in first world nations has advantages of finance and a cleaner overall health environment, but what if economic downturn happens simultaneously? America could experience third world status very quickly, and with it, all the unsanitary conditions that result in an exponential Ebola (pandemic) death rate. 

...Amidst even a moderate or controlled viral scenario, stocks and bonds will undoubtedly crash, a crash that was going to happen anyway. The international banks who created the mess get off blameless, while Ebola (viral outbreak), an act of nature, becomes the ultimate scapegoat for every disaster that follows.”

Is There A Single Peasant Living Who Failed To Grasp That The Odds Are In The House's Favor?


wsws |  Like every great crisis, the coronavirus pandemic has laid bare everything rotten and degenerate in capitalist society.

Nowhere is that exposure more pronounced than in the case of the stock market—that vast institutionalised mechanism through which the wealth of society, produced by the labour of the working class, is siphoned to its highest echelons at the expense of the mass of the population.

Corporations are now lining up to receive a portion of the Trump administration’s massive $2.2 trillion bailout. They are employing an army of lobbyists, lawyers and financial advisers (all taking a fat fee for their services) to maximise their gains as they plead that they are strapped for cash and must be provided with money to “save the economy.”

But a report published in the Wall Street Journal at the weekend reveals that one of the main reasons for the cash shortage is the trillions of dollars spent by major corporations on share buybacks, particularly over the decade since the global financial crisis.

According to Brian Reynolds, the chief market analyst at the research firm Reynolds Strategy, upon whose research the article is based, corporate buybacks have been the “only net source of money entering the stock market” since 2008.

The sole purpose of buyback programs is to enhance the wealth of the executives who sit atop the major corporations as well as hedge funds and other traders in shares. By cutting the number of shares on issue, the stock of the corporation rises. Executives and others can then exercise their stock options to make a killing while hedge funds strike at the opportune time and rake in billions.

The buybacks are financed by using the accumulated profits of the company or, in some cases, by the raising of debt, taking advantage of the ultra-low interest rate policies of the US Federal Reserve.
According to the economist William O. Lazonick, the proportion of corporate buybacks funded through the issuing of bonds went as high as 30 percent in both 2016 and 2017.

By Reynolds’ calculations, since the beginning of 2009, buybacks have added a net $4 trillion to the stock market, an amount equivalent to one-fifth of the total $20.9 trillion market value of the companies in the S&P 500 index.

Calculations by Lazonick put share buybacks as equivalent to 52 percent of all corporate profits, with dividends on shares accounting for another $3.3 trillion.

Tuesday, April 07, 2020

Father Of Neoliberalism Says U.S. Needs To Unclinch Buttcheeks With China And Just Let It Happen...,


project-syndicate |  Trump’s 2017 National Security Strategy focused on great power competition with China. Many Americans of both major political parties agree that Trump was correct to punish China for cybertheft of intellectual property, coerced intellectual property transfer, and unfair trade practices such as subsidized credit to state-owned enterprises.

Reciprocity does need to be enforced. If China can ban Google and Facebook from its market for security reasons, the US can take similar steps against Huawei or ZTE. 

Anger and mistrust festers in both countries’ capitals.But what the COVID-19 crisis teaches us is that this competitive approach to national security is inadequate. And COVID-19 is not the only example. The information revolution and globalization are changing world politics dramatically.

While trade wars have set back economic globalization, environmental globalization, reflected in pandemics and climate change, obeys the laws of biology and physics, not politics. In a world where borders are becoming more porous to everything from drugs and illicit financial flows to infectious diseases and cyber terrorism, countries must use their soft power of attraction to develop networks and institutions that address the new threats.

As technology expert Richard Danzig points out, “Pathogens, AI systems, computer viruses, and radiation that others may accidentally release could become as much our problem as theirs. Agreed reporting systems, shared controls, common contingency plans, norms, and treaties must be pursued as means of moderating our numerous mutual risks.” Tariffs and border walls cannot solve these problems.

On transnational issues like COVID-19 and climate change, power becomes a positive-sum game. It is not enough to think of power over others; one must also consider power with others. On many transnational issues, empowering others helps a country accomplish its own goals. For example, all can benefit if others improve their energy efficiency, or improve their public health systems.

All leaders have a responsibility to put their country’s interests first, but the important moral question is how broadly or narrowly they choose to define those interests. Both China and the US are responding to COVID-19 with an inclination toward short-term, zero-sum, competitive approaches, and too little attention to international institutions and cooperation.

Great Britain Seeking £351Billion In Reparations From China


thesun |  CHINA owes Britain £351billion in coronavirus compensation and the government should pursue it through the international courts, a study has concluded.

An investigation into the crisis has claimed the horrific impacts of coronavirus could have been mitigated if China had just been more honest about the outbreak.

The report, to be published tomorrow by the Henry Jackson Society (HJS), a British foreign policy think-tank, claims China directly breached international healthcare treaty responsibilities.

It also argues there are ten legal avenues major nations - such as Britain - could take to pursue damages from Beijing.

Experts calculated the G7, the world’s leading economies, face a bill of £3.2trillion.

And they said this could have been avoided if the Communist Party was more open about coronavirus, reports The Mail on Sunday.

Britain’s slice of the compensation would be used to cover the full costs of the treasury’s economic bailout plan and the hike in NHS spending to manage the crisis.

World governments have been forced to inject huge sums of cash into their economies to keep them going, helping to prop up businesses and support laid off or furloughed workers.

HJS experts concluded the Communist Party “sought to conceal bad news at the top” and to “conceal bad news from the outside world”.

It comes as British ministers are now reportedly not discounting the theory that coronavirus actually came from a leak from a Chinese lab in Wuhan.

And meanwhile, the report has spurred a group of 15 top Tories to call on Prime Minister Boris Johnson to “rethink and reset” the United Kingdom’s relationship with China.

In a joint letter, the four former Cabinet ministers and 11 MPs said they are worried about the “damage to the rules-based system caused by China’s non-compliance with international treaties”.

Downing Street Says China Faces A Reckoning


dailymail |  Boris Johnson’s allies turned on China over the coronavirus crisis yesterday, as Britain’s death toll from the epidemic reached four figures.

Ministers and senior Downing Street officials said the Communist state now faces a ‘reckoning’ over its handling of the outbreak and risks becoming a ‘pariah state’.

They are furious over China’s campaign of misinformation, attempts to exploit the pandemic for economic gain and atrocious animal rights record.

In another dramatic day:
  • The UK death toll soared to 1,019 – up 260 in 24 hours, including the first surgeon to die from Covid-19;
  • NHS medical chief Stephen Powis said ‘every one of us has a part to play’ if deaths were to be kept below 20,000;
  • As No 10 released pictures of Mr Johnson at work, a poll found Chancellor Rishi Sunak is the voters’ favourite to be interim Prime Minister if Mr Johnson cannot perform his duties;
  • Tracking by this newspaper suggested the virus sweeping Whitehall may have originated with the EU’s chief Brexit negotiator Michel Barnier;
  • The first images emerged from inside London’s ExCel Centre as it is being transformed into a 4,000-bed makeshift hospital;
  • Deaths across Europe exceeded 20,000, with Italy suffering 10,023 fatalities and Spain seeing its biggest daily rise of 889 to reach 5,690;
  • Global infections hit 600,000;
  • Ministers were considering using the RAF to airlift Britons stranded abroad after Opposition pressure;
  • A front line NHS doctor gave a harrowing account to this newspaper about how medics are having to ‘play God’ due to equipment shortages;
  • Amid fear of more domestic abuse cases, Home Secretary Priti Patel warned culprits they would be ‘brought to justice’;
  • Police risked fresh claims of snooping by tracking motorists’ cars to check how far they have travelled;
  • Panic buyers provoked anger by throwing away excess food – some of it unopened;
  • US President Donald Trump suggested he may try to put New York in quarantine;
  • Wuhan, the Chinese epicentre of the crisis, partially reopened after more than two months in isolation;
The latest British victims of the epidemic to be named include the first surgeon to die from the virus. 
Transplant consultant Dr Adil El Tayar, 63, who died on Wednesday, is thought to have become infected while was working at a hospital in the Midlands.

His cousin, the BBC presenter Zeinab Badawi, said: ‘Adil was a stoic and an optimist and thought he would soon recover. This virus is unforgiving, indiscriminate and it can be brutal.’


Monday, April 06, 2020

Whole Burrows Full Of Uselessly Eating Oxygen Thieves And Their Nubile Labile Wymyn...,


nypost |  When the going gets tough, the rich get going … to luxurious underground bunkers. Suddenly, heading six feet under doesn’t sound so bad, especially when the new digs often include pre-stocked food and blast-proof doors.

Helicopters are on standby “if that moment comes,” says one bunker specialist, to whisk elites into subterranean palaces with below-ground swimming pools, tennis courts and gourmet food rations in spaces you’d never know were originally designed for the military, both American and Soviet.

If you’re not in the 1 percent, no problem, there are modest bunkers available, as well, and even some reasonably-priced getaways above ground.

Fast-talking entrepreneurs, boutique hotel owners and survivalists are hoping to profit from the coronavirus pandemic by giving people a route out of despair — and boredom — with varying degrees of success.

Real estate salesman Robert Vicino is literally sitting pretty when it comes to his business — selling underground bunkers from the Black Hills of South Dakota to a remote underground city in Rothenstein, Germany. Unlike the millennial owner of a Manhattan startup who had to pull the plug on his luxe, mask-free spa last week, Vicino says business is booming in what survivalists call the “bug-out” business.

His company, Vivos, also sells bunkers in Indiana and is planning new bunkers in Asia and Marbella, Spain. He said sales are up 400% this year although his cheaper properties (35,000 euros for a big bunker in South Dakota) are selling faster than the 2 million euros, five-star Vivos Europa One underground apartments carved into a German mountain, part of a facility originally used by the Soviets to store munitions in case they invaded western Europe.

Vicino has been at the doomsday game since 2007 and it’s paying off after a slight blip when a Mayan-predicted apocalypse in 2012 never materialized and he had to dump plans for a 5,000-person bunker in Atchison, Kansas.

This Aristocratic Nutlessness Is Why Celebrities Pretend To Be On Your Side


dailymail |  New York's 'one percent' are hiring armed guards to protect them from a feared 'zombie apocalypse' - stationing former cops outside their luxury properties in Manhattan and the Hamptons in preparation for a coronavirus doomsday where criminals come breaking down their doors. 

Two leading private investigative agencies in Manhattan, Sage Intelligence and Beau Dietl & Associates, tell the DailyMail.com that business is booming from rich New Yorkers who worry they'll become prime targets if the coronavirus spirals out of control. 

Clients are citing potential red flags - thousands of police officers are getting sick, stores are running out of basic supplies, millions of families are losing their livelihoods, and hundreds of potentially violent inmates are being released from Rikers Island and other jails - all due to the pandemic. 



'These people are fearful of anarchy, that crime is going to spike and that people will get desperate and steal to feed their families,' said Mike Ciravolo, a retired NYPD detective who serves as president of Dietl. 

'They fear they will become targets if this thing really ramps up. These are very affluent people, with very, very expensive units.' Ciravolo said he's assigned guards, round-the-clock, to secure an upscale co-op in Soho and two luxury apartment buildings on the Upper East Side, and is getting more calls every day. 

Herman Weisberg, of Sage, said he started receiving Covid-19 business two weeks ago. 

At first, it was clients who wanted security guards to accompany them on errands to their banks, so they could withdraw stockpiles of cash in the event of a run on banks. 

Another client, a business executive in Soho, called him in a panic, saying he was seeking to acquire a firearm to protect himself, but couldn't find one because all the stores he contacted were sold out.
'That moved up his decision to hire me,' Weisberg said. 

Another Manhattan power couple called Weisberg from their summer home in the Hamptons, where they were hunkered down with their kids. 'They got on the phone and explained they have an alarm system that they almost never turned on,' Weisberg said. 

'Now they're turning it on, but the husband was still stressed, saying, 'What good is an alarm if nobody's around to respond?' 

The husband was insistent on hiring 24-7 security, despite his wife's hesitation and the fact the East Hampton police department is still fully operational, with just one officer reportedly testing positive for the coronavirus.

Fuck Robert Kagan And Would He Please Now Just Go Quietly Burn In Hell?

politico | The Washington Post on Friday announced it will no longer endorse presidential candidates, breaking decades of tradition in a...