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A Record: 4 Million Acres Burned In California

A record 4 million acres have burned in California this year. Fire officials said that more than 8,200 fires have consumed more than double the previous record.

The exact amount of land burned is still unknown, and rising, however, annual statistics from the department dating to 1987 show that 2020 has more than doubled the previous record.  Firefighters, totaling more than 20,000, some coming from as far away as Israel, have responded to scores of major fires across the state this year. Thirty-one people have died in blazes in so far this year.

The largest, most destructive blazes have occurred since mid-August, when thousands of lightning strikes sparked dozens of fires in Northern California, including the largest wildfire in state history, the nearly 1 million-acre August Complex fire, which is burning across six counties.

Cal Fire said Sunday that the fire has killed one person and destroyed 159 structures. It was 51 percent contained. –NBC News

The Glass fire also created a major problem for those north of San Francisco. Thousands of firefighters continue battling the fire that roared through wine country September 27.  More than 36,000 people remain under mandatory evacuation orders in Sonoma and Napa counties Sunday, Cal Fire Deputy Chief Jonathan Cox said. As 12 teams continued surveying damage from the Glass Fire, the number of homes and businesses that have been destroyed rose to 564, Cox said. The teams have surveyed about 50 percent of the area, he said.

These fires have been devastating to those living in California and the smoke has traveled far. The grey smoky haze coating much of the west – from Portland, Oregon, to Santa Barbara, California, has created hazardous conditions that public health officials are concerned will have an impact even after the smoke clears. Researchers at Stanford University attributed roughly up to 3,000 additional deaths in California to just one month of the wildfire smoke, especially for at-risk or elderly people, according to The Guardian. 

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Only 9% Of Americans “Have Confidence” In A COVID-19 Vaccine

Only a single-digit percentage of adults in the United States, 9 percent to be exact, said they have a “great deal of confidence” in President Donald Trump’s ability to confirm the effectiveness of a COVID-19 vaccine. Sixty-nine percent of Americans in the poll released Sunday said they don’t have ANY confidence in Trump’s endorsement of the vaccine.

Trump announced Friday that a vaccine will be ready “sometime in October,” but the head of the Centers for Disease Control and Prevention (CDC) said it would likely not be widely available until mid-2021. Regardless, the vaccine is not popular with anyone.

Both parties are apprehensive about this vaccine and the epic rushing of it. Not to mention and the mainstream media’s propagandized demands to take it. According to Newsweek, Americans’ trust they could receive a “safe and effective coronavirus vaccine” has actually decreased since May, along with the number of people who say they would volunteer to receive an inoculation.

MORE Concern People Won’t Take The Vaccine. Why?

Republican respondents in the ABC News/Ipsos poll were one group where there was a sharp drop in people willing to receive a vaccination. In May, 75 percent of GOP voters said they were likely to get a vaccine if and when it became available, but that has now fallen a full one-quarter to 50 percent in this week’s poll. Conversely, 50 percent of Republican voters say they are unlikely to get the COVID-19 vaccine. –Newsweek

The Government Has Released Their Initial Plans To Force a Vaccine on EVERYONE

There are plans o force a vaccine on everyone. If you believe it “won’t be mandatory” because a liar in a suit said so, you haven’t figured it out yet. It probably will not be mandated by law, but that doesn’t mean it will be “voluntary.” You will be coerced to get this vaccine. If you don’t get it, you won’t be able to buy groceries or pay your mortgage. In order to “participate” in society you will have to be vaccinated. If you choose to not take the vaccine, which Trump has already promised to use the military to roll out in a “powerful way“, your life is going to change dramatically. You won’t be able to work or o to school. You won’t be able to buy anything or even be in public. I don’t think there’s anything voluntary about that. That’s a roundabout way to use force and coercion and you can sugar coat it all you want, but it won’t change the facts.

It’s beyond time to stop being naive. Wake up. The gravity of this situation is continuing to worsen and all people can focus on is the disingenuous words of politicians (liars in suits.)

 

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WE’RE ALL FRIED: Powell Went Off-Grid – PRAY FOR MERCY!

This article was contributed by our friend Lior Gantz at the Wealth Research Group. 

When Larry Kudlow, President Trump’s economic advisor, said that the Federal Reserve still has the ULTIMATE BAZOOKA at its disposal a week ago, many speculated as to WHAT IN THE HELL he was talking about.

By the time he made that remark, the FED had already slashed rates to ZERO, buying TRILLIONS of dollars in bonds and mortgage-backed-securities, COMMITTED to loaning small businesses ADDITIONAL trillions of dollars and PROCLAIMED, on national TV, that it has an INFINITE AMOUNT of cash at its disposal. But a couple of days after Kudlow’s tease, this past Thursday, Jerome Powell UNLEASHED A H-BOMB upon the world.

There’s no going back from this.

On Thursday, the Federal Reserve began buying the bonds, graded as JUNK, and truly brought an end to the free-trading bonds markets. Risk isn’t priced in a NORMAL way any longer.

When a bank that is the world’s LENDER OF LAST RESORT has gone all-in, we’re no longer living under the same monetary and capitalistic roof we did before.

The Federal Reserve and the U.S. government have TAKEN A STAND that is of the following thought process: businesses, municipalities and individuals – indeed, the entire country, and for that matter, the entire globe – are NOT AT FAULT for getting caught off-guard by the pandemic. Therefore, there are NO BAD ACTORS and everyone should be MADE WHOLE, in Powell’s words.

Since this is hurting everyone, with no real way of pointing the finger to ERRONEOUS business practices, America’s politicians and central bankers REASON THAT the “greater good” (as they are calling it) is more important than PRESERVING the mechanics of PURE CAPITALISM.

Left alone, the market would have IMPLODED. Literally, if the FED hadn’t bailed out the sovereign bonds, the U.S. government would have been left without monies.

The world WOULD HAVE entered a spiraling depression, which would have been DESTABILIZING and may have led to wars, riots and years of DEVASTATION for all of us.

Instead, it MONETIZED debt. By simply increasing the dollar money supply, it injected all of the necessary amounts to keep markets alive, but the price to pay for this is NOT YET KNOWN and may end up being GREATER than the current predicament.

Experimental monetary policy is just that; the FED’s criminal-like actions will have LASTING IMPACT on the world for years to come, but we won’t know it until we can see it IN HINDSIGHT.

2008 QE programs and ZIRP led to excessive buyback programs, the INTENSIFICATION of the wealth gap in America, the rise of POPULISM, Brexit and many other UNFORESEEN events.

 

Courtesy: Zerohedge.com

Consumers are QUICKLY realizing that shutting down the ENTIRE ECONOMY, in response to the Covid-19 pandemic, is INDEED saving lives – but for each life saved, an ESTIMATED 1,200 jobs have been LOST.

As a society, we have decided that in this particular case, the price of not MITIGATING and not DISTANCING ourselves from others would be too great. Now, we’re facing the results of these decisions.

You can’t UNDO the cards that have ALREADY BEEN DEALT. When you decide to get into the mud, you’d better have an EXIT STRATEGY.

In this case, the decisions MADE BY POWELL this past week will historically be remembered as the ones that STARTED THE RESET.

The Federal Reserve doesn’t know WHICH WAY IS NORTH anymore.

As you know, the dollar isn’t a local currency at all. In total volume size, it comes out to about 62% of the global currency supply, and HALF of those dollars are BANKED outside the United States.

What the Federal Reserve does impacts ALL NATIONS. In contrast to what many think, we already have a GLOBAL CURRENCY, which is the dollar – it’s just not a one-world-currency.

I’m certain that China, Saudi Arabia, Russia, Germany and Japan have EXPRESSED their DISCONTENT with the Fed’s entrance into the JUNK bond market. The bank’s BALANCE SHEET is outrageous and puts us all in danger. For the first time, I believe that many question Jerome Powell’s capacity to handle this scenario.

Courtesy: Zerohedge.com

The above HOCKEY-STICK-shaped balance sheet expansion is, literally, ONLY THE BEGINNING. Their balance is going to hit $10T by the end of summer, at this pace.

I doubt, SERIOUSLY DOUBT, that in 10 years we will look back and JUSTIFY Powell’s performance as being APPROPRIATE.

The public has mostly LIQUIDATED its portfolios; we saw ENORMOUS selling volumes, so the working thesis is that the worst of the bloodbath is behind us. HOWEVER, if new UNKNOWN UNKNOWNS are introduced in the next two weeks, other investors, who don’t have the STAMINA to look at their equity crater AGAIN, will sell. So will others who are approaching retirement and no longer BUY INTO the V-shaped recovery model. This may result in TESTING THE MARCH 23RD lows again.

If that occurs, I will be buying certain companies, which have proven themselves to be DISPROPORTIONATELY mispriced in the recent sell-off.

This Tuesday, I’ll be revealing my PERSONAL SHOPPING LIST.

 

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