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SEND THE INFANTRY: Elections ARE ON!

This article was contributed by Tom Beck of Portfolio Wealth Global. 

Should you care who wins THE COMING ELECTIONS? The answer is YES, more than ever before.

What is SO SPECIAL about this November vote? The answer is that unlike the majority of American history, today’s government plays such a huge role in the life of the average person that he MUST VOTE.

In ancient times and even just a few decades ago, the role of president was important, but it didn’t matter as much as it does today.

The government is PRO-ACTIVE in the life of the average voter in 2020 in the western world in ways and ORDERS OF MAGNITUDE unlike any other time in the past 80 years.

The next president will decide on tax reforms, foreign policy with China, and the fate of industry, commerce, and federal incentives.

The incoming administration will intervene in your local state, city, and municipality, with either MORE REGULATION or less of it, with stricter rules on education or with flexible ones. The agenda will either include open borders or enforcement of immigration laws; most of all, the administration will either STRIVE TO INCLUDE more people in the booms or keep it all to themselves.

More than anything, the next elections will either be, for the first time in American history, EXTREMELY GOOD or really bad for you, depending on your views – no in between.

Having said all that, the next president CAN’T MAKE you rich, unless you’re already tight with the key people in the administration, since the wealthy are the ones who care about elections the most.

If you want to become wealthy, you’ll have to DEVELOP SKILLS, not connections within the government.

Being around politicians is certainly a MAJOR ADVANTAGE in business, but it is reserved for the few in each city.

Having financial security in your own life will depend upon BUILDING STRONG TIES with successful people, be they your hotshot boss (if he/she isn’t, consider LEAVING THEM the first chance you get), a loyal and capable partner or a few CORE CLIENTS, whom you’ll need to make sure NEVER LEAVE YOU.

In the 21st century, riches are about BEING EXCEPTIONAL in a profession or FLAWLESS IN RELATIONSHIPS and judgement.

You’re either going to be paid a ton to make a few CRITICALLY IMPORTANT decisions every week and connect with people, so they’ll want to follow and do business with you; OR, you’re the one EXECUTING ORDERS, but in a way that few can.

If you’re neither, know that Biden and Trump can’t help you. The way you get out of this mess is by CRAWLING OUT of it.

Know that there are AMAZINGLY TALENTED people working their asses off to become the next CEOs of America’s biggest companies or the proud owners of a small business; they’re your direct competitors. Escape mediocrity, refuse to accept any of it, and STRIVE FOR EXCELLENCE.

Can you and WILL YOU give it your all? Can you put the stories behind you and BLOW PAST the competition, by knowing no limits to your craft?

The world is YOUR OYSTER then, no matter where you’re reading this and what the balance of your bank account is currently showing.

 

 

The post SEND THE INFANTRY: Elections ARE ON! first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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Mnuchin Begs For Coins Amid Shortage; Avoid Depositing These Pennies

This article was originally published by Tyler Durden at ZeroHedge. 

Treasury Secretary Steve Mnuchin urged his Twitter followers on Tuesday to swap out their spare coins for cash at banks amid a continuing nationwide coin shortage that appears to be worsening.

There’s currently a shortage of pennies, nickels, dimes, and quarters caused by the coronavirus pandemic, which led the Federal Reserve to start rationing coins in June.

Community banks have asked customers to deposit spare change to pump more coins into circulation. Because of the shortage, major retailers have told consumers to pay in cards or exact change.

“Until coin circulation patterns return to normal, it may be more difficult for retailers and small businesses to accept cash payments,” the US Mint said in late July. “For millions of Americans, cash is the only form of payment and cash transactions rely on coins to make change.”

Now, before readers start rummaging through their homes, underneath sofa cushions, and under car seats for spare coins to help the country in these challenging times, there are certain coins in circulation that are worth more in scrap than face value.

According to Coinflation.com, pennies from 1909-1982 are approximately 95% copper and have a metal value of about $0.0185. In this instance, once could almost double their money if they took these pennies to a scrapper than the bank. Here’s the complete list of what coins are worth in terms of face value versus metal value.

Another coin to watch is the nickel. It has been nine years since Kyle Bass first suggested the ‘nickel trade’, and the metal value is about 82% of face value. Though the trade is underwater, it’s not far off from the face value breakeven when considering other coins in circulation.

While Bass’ nickel trade underperforms, readers should think twice before depositing pennies from 1909-1982 at the bank because they’re worth way more in scrap.

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FedCoin: A New Scheme for Tyranny and Poverty

This article was originally published by Ron Paul at The Ron Paul Institute for Peace and Prosperity. 

If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real-time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.”

Fedcoin was initially included in the first coronavirus spending bill. While the proposal was dropped from the final version of the bill, there is still great interest in fedcoin on Capitol Hill. Some progressives have embraced fedcoin as a way to provide Americans with a “universal basic income.”

Both the Senate Banking Committee and the House Financial Services Committee held hearings on fedcoin in June. This is the first step toward making fedcoin a reality.

Fedcoin would not be an actual coin. Instead, it would be a special account created and maintained for each American by the Federal Reserve. Each month, Fed employees could tap a few keys on a computer and — bingo — each American would have dollars added to his Federal Reserve account. This is the 21st century equivalent of throwing money from helicopters.

Fedcoin could effect private cryptocurrencies. Also, it would limit the ability of private citizens to protect themselves from the Federal Reserve-caused decline in the dollar’s value.

Fedcoin would not magically increase the number of available goods and services. What it would do is drive up prices. The damage this would do to middle- and lower-income Americans would dwarf any benefit they receive from their monthly “gift” from the Fed. The rise in prices could lead to Congress regularly increasing fedcoin payments to Americans. These increases would cause prices to keep rising even more until we face hyperinflation and a dollar crisis. Of course, we are already on the path to an economic crisis thanks to the Fed. Fedcoin will hasten and worsen the crisis.

Fedcoin poses a great threat to privacy. The Federal Reserve could know when fedcoin is used, who is using it, and what they use it for. This information could be shared with government agencies, such as the FBI or IRS.

The government could use the ability to know how Americans are spending fedcoin to limit our ability to purchase goods and services disfavored by politicians and bureaucrats. Anyone who doubts this should recall the Obama administration’s Operation Choke Point. Operation Choke Point involved financial regulators “alerting” banks that dealing with certain businesses, such as gun stores, would put the banks at “reputational risk” and could subject them to greater regulation.

Is it so hard to believe that the ability to track purchases would be used in the future to “discourage” individuals from buying guns, fatty foods, or tobacco, or from being customers of corporations whose CEOs are not considered “woke” by the thought police? Fedcoin could also be used to “encourage” individuals to patronize “green” business, thus fulfilling Fed Chair Jerome Powell’s goal of involving the Fed in the fight against climate change.

Fedcoin could threaten private cryptocurrencies, increase inflation, and give government new powers over our financial transactions. Fedcoin will also speed up the destruction of the fiat money system. Whatever gain fedcoin may bring to average Americans will come at a terrible cost to liberty and prosperity.

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How The Central Bank Makes You Poorer

Everything that we’ve been subjected to since the start of this coronavirus plandemic has all come back to the Federal Reserve.  Central banking has been, and always will be one of the biggest scams ever perpetrated on the public at large.

Unless you have your head in the sand, you’ve probably realized that governments and central banks can create money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary policies.  Every time they create more money, we all get poorer, yet those already at the top get richer.

Of course, they take care of their buddies who perform political favors first. Do you honestly still believe the government or banksters care about you? If anything good will ever come out of the plandemic it’ll be the eye-opening realization that people should have never allowed others power over them in any amount.  At some point, as history has proven, that power is ALWAYS abused. We are past that point now, and still, people think they are “free.”

It All Comes Back To The Federal Reserve: The NWO Is Being Shoved Down Our Throats

All the U.S. government is doing when they use the central bank to create fiat currency, is copying the tactics of currency debasement used by every fallen empire before it, like the Byzantines and Romans. Basic economics clearly shows that the increase of any money supply causes inflation and reduces purchasing power. The reason for this is because a spike in demand exceeds supply causing the prices for everything to jump higher. Every fallen empire and every modern government today has always inflated the money supply and the ‘just print more’ attitude has been infectious, reported Bitcoin News.  And that begs the question: Has the U.S. already fallen?

Politicians think they can cure the disease by just raising taxes on nearly everyone under the sun, but they claim they will take from the rich and corporations. To combat the rising inflation the common solution is higher taxes and increased austerity measures. When people ask why they can’t just print as much money as they want and just remove taxes, the question will not be answered. This is because bureaucrats expect you and future generations to pay for all of the debt with interest. A recent tweet from Coinshares executive, Meltem Demirors, notes how taxation is all part of the plan. –Bitcoin News

Robert Kiyosaki: What The Elites Don’t Want You To Know

The simple solution is to remove yourself from the Matrix they are desperate to keep you locked in. Use other money, such as gold, silver, or Bitcoin.  There’s a lot of chatter about not being able to easily spend those to purchase, but it can be done. It’s not easy to leave the system, but it’s worth it.

 

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RUN THE GAMUT: Reversing Reopening – I’M SICK OF IT!

This article was contributed by James Davis of Future Money Trends. 

Not all businesses are built alike. Some industries are CAPITAL-INTENSIVE and operate on thin margins, deterring new entrants since it’s NEARLY IMPOSSIBLE to compete with the efficient dominators in the field. Other businesses have thick margins but are seasonal, while a small few have both wide margins and consistent clientele since they’ve built a MOAT (a world-class brand).

In capitalism, the chance at making profits pushes new entrepreneurs to innovate, differentiate, and figure out how to manufacture a product or deliver a service in a way that is currently underserved.

The reason why we CHERISH THIS WAY OF LIFE is that it has been the source and engine of innovation for the human race for the past century and it’s PROVEN ITSELF time and again as the best-suited system to the way nature has designed us.

We are happiest when we grow and we do that when we ARE PRODUCTIVE. The American free enterprise system GREATLY REWARDS those that are market-oriented, whose skills are more closely related to building and running corporations, and it ALMOST PUNISHES everyone else.

Of course, ALL AMERICANS and many others that are outside the country enjoy the fruits of this innovation, excellence, and the relentless pursuit of catering to THE WANTS of the marketplace, but in doing so, in the age of globalization, AMERICA SPITS OUT much of the wealth generation to regions outside of the country. The headquarters is located domestically, while much of the labor occurs internationally.

As a nation and society with its NONSTOP chase for producing cheaper, faster, and better, America has traversed the world and ventured into some 60 low-cost regions for labor from Southeast Asia to Eastern Europe, Central America, and parts of Africa, and this WILL NOT CEASE.

As a country, the United States has prioritized the health of its corporations over the inclusiveness of its population in business expansion. This is another way of saying that the RICH get richer, come what may.

It NEGLECTED TO educate its middle class of the rapid changes going on, just as the workers themselves FELL ASLEEP at the wheel, not noticing these huge changes taking place all around them. Whether you blame the individual, the corporation, or the government, the result is the same: out of all of the RICH COUNTRIES, the U.S. has the worst case of wealth disparity and it is now starting to show its consequences in backlash from the neglected segments of society.  For a long time, perhaps throughout the 1980s and 1990s, most Americans couldn’t see the tidal wave that’s about to hit them, but everyone’s well aware of it now.

Courtesy: Zerohedge.com

 

20 years after the Dotcom valuation bubble popped, today’s TECHNOLOGY-DRIVEN economy is real, based on genuine fundamentals, but it’s also exposing the human race to new challenges and unique obstacles.

The big tech companies are CASH MONSTERS whose products and services are used by people the world over. These companies exert IMMENSE INFLUENCE over the flow of information, goods, and the political outcomes of democratic elections.

They are the MOST POWERFUL entities on the planet. They’re probably more systemic than the banks were in 2008, more crucial than the government itself, and this trend ISN’T STOPPING anytime soon.

Their ethics are being put to the test by governments that are crooked and corrupt.

Courtesy: Zerohedge.com

This is all MESSED UP!

The government is just STRANGULATING SOUND MONEY by being responsible for a disproportionate and COUNTERFEIT currency-printing operation.

As you can see, the government issued very few payments under the gold standard, but they are handing it out for free today. The government is responsible for (WAIT FOR IT…) a full third of PERSONAL INCOME in the U.S. this year!

Is it any surprise that gold is about to BREAK OUT to over $2,000/ounce?

 

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DEBRIS SCATTERING: Oil Taken Prisoner – BAG HOLDING!

This article was contributed by Lior Gantz of the Wealth Research Group.

The WTI oil benchmark, which is the price gauge that matters in America, CRASHED yesterday to MINUS $40/barrel, right before the futures expiration time. Today, the price is right above ZERO and the problem is STORAGE SPACE.

You can’t make this stuff up; CLOSING DOWN an economy has proven itself to be FAR MORE disastrous than previously thought.

Don’t even look at the market in order TO UNDERSTAND what’s going on; there’s a major DISCREPANCY between the situation on the ground and the valuations of Corporate America businesses.

Check out the price of WTI going BELOW -$37:

Courtesy: Zerohedge.com

Howard Marks, the billionaire hedge fund manager behind Oaktree Capital and a person I greatly appreciate in terms of market hunches, SPECIFICALLY in times of distress, has said that the purpose of investing is to make a FEW GOOD TRADES, not one PERFECT trade.

Oil prices, measured by WTI (West Texas Intermediate) are reflecting a TRULY existential crisis.

It was the BIGGEST-EVER daily crash at over 300%.

This means that either a wave of defaults is coming or the banks will have to restructure thousands of loans, or it means the GOVERNMENT will have to come together to STOP THIS.

Either way, we are VERY CLOSE to a bottom, but since we can only know when it hits AFTER THE FACT, I’m making moves right now.

Millions of AMERICANS have lost the single source of income they rely on to make ends meet.

This is turning into a GIANT WEALTH TRANSFER, and the amount of EXPLAINING that governments will have to do in order to make this right is ENORMOUS.

In times like these, you must FORTIFY your psyche with the right thoughts.

I’m starting my day by writing everything that has made me stronger throughout my life, PROVING TO MYSELF that I know how to stand up to tyranny, crises, and situations that are out of my control.

My daily routine always begins with going over my PRIMARY LIFE PRINCIPLES.

Gratitude is the ONLY correct mental attitude that can put everything else in perspective.

Everything in life is a lesson, not a test. Right now, there’s suffering the world over and you can see that GREAT LEADERSHIP is a scarce commodity.

You need to focus on WRITING DOWN your current challenges and think them through. Crises birth ideas, insights, and new beliefs.

While we lie down on feathered cushions, we learn nothing. It’s only when we’re slapped that our mind kicks into OVERDRIVE.

I’m not wasting any energy on non-essentials. The COVID-19 pandemic has RAMIFICATIONS for all of us and we ought to be asking the following:

  1. Is there anything I should be concerned with physically? Am I in a high-risk group? Am I sleeping, eating, drinking, and exercising properly?
  2. How is my mental attitude? Do I have immediate goals that I’m presently pursuing? Am I evolving in compassion, patience, tolerance, and generosity when the globe is going through a TERRIBLE RESET?
  3. What’s my financial position? What expenses can be trimmed down? How can I generate more income? Can I do FAR MORE than I’m doing? Go radical with a life and death mentality.

None of us have EVER BEEN THROUGH a scenario where making money is nearly illegal. This is going to end up being DISRUPTIVE in ways we can’t even imagine, but if you keep COMPOSED, you can come out energized, strong, and READY on the other side.

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Sunny Hostin tries to bait Mark Cuban into Trump-bashing while on ‘The View’ — but Cuban won’t do it: ‘I’m not gonna throw him under the bus’

Sunny Hostin, co-host on “The View,” attempted to bait billionaire Mark Cuban three times into attacking President Donald Trump over his COVID-19 response.

Three times, Cuban refused.

What are the details?

Cuban appeared via video on Tuesday’s broadcast to discuss the coronavirus pandemic gripping the U.S. and the rest of the world.

“You know, in January, though, experts were raising the alarm about the coronavirus to President Trump, and some say that his refusal to respond quickly, efficiently, appropriately enough cost lives, American lives,” she said. “What are your thoughts about his leadership during the pandemic?”

Cuban responded by saying he believed the president was doing the best of his ability.

“You know,” he began, “I’m not a fan of President Trump, but I’m not going to rip on him either, because any senator could have stood up and said something and screamed loud. Any congressperson could have. I mean, nobody did. I didn’t have high expectations from President Trump, but I’m not going to throw him under the bus.”


Mark Cuban Shares What Worries Him Most About Pandemic | The View

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When it was clear that Hostin wasn’t getting what she was looking for, she attempted a more direct approach.

“Trump’s approval ratings match his all-time high — 49% — the highest mark since he’s been in office,” she said. “Are we underestimating how Americans are viewing his handling of this crisis?”

Cuban was unmoved.

“No,” he responded. “You know, he’s doing the best he can, and here’s what I’ll say, and I’m not a fan of his, but what’s real is real. When you have imperfect information, you make imperfect decisions. We’re not in a ready, aim, fire mode. That makes it tough. No matter what he did, it’s going to be wrong for some people.”

Hostin, determined, attempted one last time to encourage Cuban to attack Trump.

“Mark, you know, many people are calling Governor Cuomo ‘President Cuomo’ at this point for the way he’s leading New York state during this pandemic, but President Trump berated him saying, he needs to do more … Is this how President Trump should be spending his time?” she asked. “Criticizing the governor of one of the hardest hit states?”

Although he agreed personal attacks were unnecessary, Cuban reiterated a third time that he would not take the bait.

“There’s no good reason just to rip on, you know, I’m ripping on politicians generically, but the decisions that have been made particularly from the president, he is who he is. I’m not just going to stand around and tear him apart,” Cuban insisted. “President Trump can tweet about whatever he wants. I’m looking to see people doing work, and are we trying to solve things coming out of the government? Yes, we are. That’s what I focus on.”


Mark Cuban on Restarting the Economy | The View

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Did The Federal Reserve Just Purposely Try To Crash The Stock Market?

This article was originally published by Michael Snyder at The Economic Collapse Blog. 

Unless the Federal Reserve is purposely attempting to spread panic on Wall Street, the decisions that the Fed just made don’t make any sense at all.  Back on March 3rd, the Federal Reserve announced an unscheduled emergency interest rate cut for the very first time since 2008.

Wall Street immediately interpreted that as a “panic move” and the Dow Jones Industrial Average ended the session down 785 points.  So Fed officials had to know what was going to happen once they announced an even bigger unscheduled emergency interest rate cut on Sunday.  Predictably, stock futures hit “limit down” very rapidly, and now investors are bracing for a week of tremendous carnage.

But this didn’t have to happen.  Yes, we witnessed three of the worst trading days in U.S. stock market history last week, but on Friday the Dow Jones Industrial Average was up 1,985 points.  It was an absolutely epic rally, and if the Fed had not caused so much panic there may have been a good chance that the rally could have continued into next week.

In other words, U.S. stocks just had one of their best days ever, and there didn’t appear to be a need for any “emergency intervention” by the Fed.

If the Federal Reserve had just waited a couple of days until their normal monthly meeting, and if the Fed had just cut rates a quarter-point, that would have likely been greeted by the markets with warm enthusiasm.

But instead, Fed officials decided to load up their bazooka and go for broke on Sunday.  In addition to using up all of their “interest rate ammunition” in one epic volley, the Fed also officially restarted quantitative easing

The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates to essentially zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus.

The new fed funds rate, used as a benchmark both for short-term lending for financial institutions and as a peg to many consume rates, will now be targeted at 0%-0.25% down from a target range of 1% to 1.25%.

These moves have “panic” written all over them, and investors immediately responded accordingly

Stock market futures hit “limit down” levels of 5% lower, a move made by the CME futures exchange to reduce panic in markets. No prices can trade below that threshold, only at higher prices than that down 5% limit.

Dow Jones Industrial average futures were off by more than 1,000 points, triggering the limit down level. S&P 500 and Nasdaq 100 futures were also at their downside limits.

As I mentioned above, Fed officials saw what happened immediately after their March 3rd emergency rate cut, and so this sort of response by the markets should have been foreseeable.

As Wolf Richter has noted, these latest moves by the Fed were “the opposite of being confidence-inspiring”…

The whole Sunday afternoon maneuver, on top of the mega shock-and-awe maneuvers Thursday and Friday reek of sheer and outright panic – and they’re the opposite of being confidence inspiring. That stock futures plunged after the Fed had effectively put its biggest tools to work shows how obvious this panic is.

So then why did the Fed pull the trigger if this was going to be the result?

It would seem that there are two obvious conclusions.  Either Fed officials are completely and utterly incompetent, or they were purposely trying to crash the stock market.

And now that the Federal Reserve is completely out of interest rate ammunition to fight any future economic downturn, the only weapon they have left is “helicopter money”.

As economic activity comes to a grinding standstill due to fear of the coronavirus, it appears to be inevitable that we will see tremendous inflation as the Fed floods the system with money.

In other words, there is going to be a whole lot more money chasing a lot fewer goods and services in the months to come.

Meanwhile, we are already starting to see a run on U.S. banks.  On Thursday, so many people were taking money out of a Bank of America branch in midtown Manhattan that it actually ran out of cash

As the stock market was having its worst day in 30 years on Thursday, customers at a Bank of America branch in Midtown Manhattan, the financial heart of New York, were lining up to take cash out of their accounts — sometimes tens of thousands of dollars at a time.

So many people sought huge sums that the bank branch, at 52nd Street and Park Avenue, temporarily ran out of $100 bills to fulfill large withdrawals, according to three people familiar with the branch’s operations. The shortage hit after a rash of requests for as much as $50,000, said two people who witnessed the rush.

And according to Zero Hedge, wealthy individuals in the Hamptons are doing the same thing…

As the ultra rich Snake Plisken out of the soon-to-be quarantined Manhattan – where at least one bank has are already run out of $100 bills – to fortify themselves against the viral zombie peasant hordes in their impregnable castles in the Hamptons, one thing they’re looking to hoard is cash, which has caused some substantial pressure on financial institutions in the area, according to Bloomberg. At least one New Yorker had his $30,000 cash withdrawal request denied at a Chase bank after being told the limit was $10,000. Meanwhile, bank employees said they were waiting on a “shipment of cash” to fulfill other requests that have been made exceeding the $10,000 amount.

Other branches in the area were unable to help in fulfilling the request, with the East Hampton branch reportedly telling the Southampton branch that it had “two massive withdrawal orders” of its own that it was trying to deal with.

Hopefully, we won’t see similar scenes all over the country in the weeks ahead.

But without a doubt, panic continues to spread all over the globe.  The following examples come from CNN

A woman at an Australian supermarket allegedly pulls a knife on a man in a confrontation over toilet paper. A Singaporean student of Chinese ethnicity is beaten up on the streets of London and left with a fractured face. Protesters on the Indian Ocean island of Reunion welcome cruise passengers by hurling abuse and rocks at them.

The coronavirus risks bringing out the worst in humanity.

Yes, this virus is definitely bringing out the worst in humanity.

Here in the United States, two “panic shoppers” became so enraged with one another that they began hitting each other with broken wine bottles

A brawl erupted in a Georgia Sam’s Club packed with shoppers during which two feuding men slashed each other with broken wine bottles.

A second incident in a Costco in Brooklyn saw an employee pleading with two women to calm down after a screaming match began when carts collided in the mobbed store.

This is why it was so important to get prepared in advance.

For years I have been mocked for telling my readers to “get prepared”, but now those that did are going to be very thankful for the things that they have stored up.

If you are not prepared, you can go brave the giant crowds storming the stores if you wish, but at this point, the big stores are going to be one of the very best places in the entire country to catch the virus.

I don’t know about you, but I am not eager to experience the “blinding pain” that survivors of COVID-19 have told us about.  So I would highly recommend avoiding big stores and other major public gathering places as much as possible.

We need to accept that life has changed for the foreseeable future.  According to Newt Gingrich, it is time for us to adopt a wartime mindset…

We should be planning for a worst-case pandemic and using the kind of intensity of implementation which served us so well in World War II. Getting enough ventilators, masks, intensive care units, treatment medications and aggressive community-wide testing are the minimum steps to saving lives and stopping the pandemic.

The Pence-led Coronavirus Task Force has begun to pull things together, but it should have a planning group that creates a worst-case projection and then devises the steps necessary to smother the pandemic and minimize its impact.

And this is also a time for prayer.  In fact, President Trump designated Sunday as a “National Day of Prayer”

President Donald Trump on Saturday declared Sunday, March 15, a “National Day of Prayer for All Americans Affected by the Coronavirus Pandemic and for our National Response Efforts.”

“I urge Americans of all faiths and religious traditions and backgrounds to offer prayers for all those affected, including people who have suffered harm or lost loved ones,” Trump said in his statement announcing the day of prayer.

Let us all hope that this pandemic passes as quickly as possible.

But the CDC just issued new guidelines that recommend that gatherings of 50 people or more not be held for the next eight weeks.

Of course, most decision-makers in this country will follow those guidelines, and so that means that our lives will not be getting back to normal for at least the next two months.

And it could be a whole lot longer than that.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep. My name is Michael Snyder and I am the publisher of The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I have written four books that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing those books you help to support my work. I always freely and happily allow others to republish my articles on their own websites, but due to government regulations, I need those that republish my articles to include this “About the Author” section with each article. In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished. This article may contain opinions on political matters, but it is not intended to promote the candidacy of any particular political candidate. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished. I encourage you to follow me on social media on Facebook and Twitter, and anyway that you can share these articles with others is a great help.

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Federal Reserve issues $500 billion to overnight lending program

On Friday’s radio program, Glenn explained, last night the Federal Reserve announced its largest ever overnight lending program. The price tag, $500 billion, ten times the size of the attempted 2008 Bear Stearns loan. So, why did the Federal Reserve lend money so a bank could open its doors? Glenn explains…

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