Economic index experienced biggest crash ever due to Wuhan panic

The beatings will continue until morale improves: The index of leading economic indicators experienced the biggest crash in March in its sixty year history, all due to the shutdowns imposed by the government in panic over the Wuhan flu.

The Conference Board said its index of leading economic indicators (LEI) tumbled 6.7% last month, the largest decrease in the series’ 60-year history. Data for February was revised down to show the index falling 0.2% instead of gaining 0.1% as previously reported. Economists polled by Reuters had forecast the index dropping 7.0% in March.

“The sharp drop in the LEI reflects the sudden halting in business activity as a result of the global pandemic and suggests the U.S. economy will be facing a very deep contraction,” said Ataman Ozyildirim, senior director of economic research at The Conference Board in Washington.

I continue to find it strange that these stories about the crashing economy are being reported in very few places. This is real news, effecting millions, unlike COVID-19.

Homebuilding market crashes due to Wuhan virus

The beatings will continue until morale improves: According to the Commerce Department, housing starts plunged 22.3% in the past month, the largest such decline since 1984, due to the Wuhan flu shutdowns imposed by state governments .

Economists are estimating the economy contracted as much as 10.8% in the first quarter, which would be the steepest drop in gross domestic product since 1947. They say the massive fiscal package will likely provide little cushion for the economy.

“The economy is in a downward spiral where job losses beget job losses and the federal government emergency relief checks will not be enough to turn the tide,” said Chris Rupkey, chief economist at MUFG in New York. “The recovery is looking less V-shaped by the day as the deeper we fall, the harder it will be for the nation to climb back out of this deep hole the pandemic has dug for the economy. The worst is yet to come.” [emphasis mine]

Once again, waiting two or three or four more weeks to release us from house arrest does not mean that the economy will simply come back to life then. Once businesses crash, it can take a long time to recover.

The lack of perspective astonishes me. We are going to bankrupt ourselves and bring on a Great Depression over a new disease this year that is comparable to the annual flu season.

Want to continue social distancing? Sure. Want people to wash their hands a lot? Sure. Wear masks? If you think it necessary, sure.

Shut down all business transactions so that millions become jobless and whole industries go bankrupt? Over this? That’s insane. Not only will such a economy crash cause far more suffering and deaths, it will make it far more difficult to fight the disease.

Clothing and cotton sales plummet 50% due to Wuhan panic

The beatings will continue until morale improves: According to the U.S. Census Bureau, the clothing and cotton industry has seen a 50% plunge in sales in the past month due to Wuhan panic.

The result?

As countries worldwide take measures to slow the spread of coronavirus by quarantining people and closing nonessential businesses, sales of cotton — and the clothing and textiles made from it — have declined sharply.

Demand for cotton is so low that even though prices hit their lowest levels in more than a decade, retailers and manufacturing facilities around the world are cancelling orders. “Every stage of the supply chain is getting hit,” said Jon Devine, senior economist for Cotton Incorporated, a nonprofit industry organization based in North Carolina. “Retailers are suffering,” he said. “In between, you’ve got all the manufacturers that are trying to get their orders cancelled. And then you get all the way back to the field. Farmers are entering their planting time. They have some difficult decisions to make.”

In other words, even if we get the country reopened in May (something that right now looks unlikely because of the desire of politicians to crush the economy and cancel the Bill of Rights in order to hurt Trump), this crash now is going to spiral into next year.

I should note that the stories on the crashing economy that I am posting are very easy to find. More to come. Sadly, I have had to widen my searches to more business related sources to find them. In more sane times, a business crash like this would be front page news on every news outlet in the country. Not now. We have gone insane.

Five million more applied for unemployment benefits last week

The beatings will continue until morale improves: More than five million people applied for unemployment benefits last week, a jump caused almost entirely by the government shutdown nationwide.

That brings total claims over the four weeks ended April 11 to nearly 22 million workers, erasing the entirety of labor market gains since the 2008 financial crisis, a stunning sign of the colossal economic damage inflicted by the virus outbreak. Before the pandemic, the largest number of Americans to seek jobless aid in a four-week stretch was 2.7 million in the fall of 1982.

With a labor force that totals about 162 million people, that brings the unemployment rate close to 13 percent.

That exceeds the 10 percent peak during the worst of the Great Recession more than a decade ago and tops the previous post-World War II high of 10.8 percent in 1982, bringing the U.S. closer to Depression-era levels of unemployment. A growing number of economists have warned the so-called “Great Lockdown” will push the global economy into the worst recession since the Great Depression.

This by the way is only the beginning. If businesses are not allowed to open in the next week or so, the cascade of new job loses will make these numbers seem tiny.

But hey, we have to prevent even one death from COVID-19, no matter what the cost, even though its overall impact remains comparable to the annual flu.

Best Buy furloughs 51,000 workers because of Wuhan panic shutdown

The beatings will continue until morale improves: Best Buy yesterday announced that it is furloughing 51,000 workers because their stores have been shuttered by the government imposed lockdown over the Wuhan flu.

Best Buy announced Wednesday the tech chain will furlough roughly 51,000 hourly and part-time store employees nationwide beginning Sunday as the company grapples with the business impact of the coronavirus pandemic.

In addition to furloughing the workers, who include “nearly all part-time employees,” an unspecified amount of corporate staff members have volunteered to work reduced hours and, in turn, take pay cuts, while others have volunteered themselves for the temporary furloughs, Best Buy announced Wednesday.

The company will provide health benefits for three more months. No promises after that.

You know, if the company goes under, caused by the government-imposed shutdown, wouldn’t that be a kind of taking of property? And doesn’t the violate the fifth amendment of the Bill of Rights?

Oh, right, that doesn’t count anymore, according to the Democratic governor of New Jersey. I forgot.

Trump bows to bureaucrats, unveils a never-ending 3-phase program to end shutdowns

The house arrests will continue indefinitely: Though the country’s fifty governors are in charge of the nationwide house arrest and the only ones who can really end it, President Trump today unveiled a 3-phrase program to use as a guide for ending those state shutdowns.

The new guidelines are aimed at easing restrictions in areas with low transmission of the coronavirus, while holding the line in harder-hit locations. They make clear that the return to normalcy will be a far longer process than Trump initially envisioned, with federal officials warning that some social distancing measures may need to remain in place through the end of the year to prevent a new outbreak.

Places with declining infections and strong testing would begin a three-phased gradual reopening of businesses and schools — each phase lasting at least 14 days — to ensure that infections don’t accelerate again.

In phase one, for instance, the plan recommends strict social distancing for all people in public. Gatherings larger than 10 people are to be avoided and nonessential travel is discouraged.

In phase two, people are encouraged to maximize social distancing where possible and limit gatherings to no more than 50 people unless precautionary measures are taken. Travel could resume.

Phase three envisions a return to normalcy for most Americans, with a focus on identification and isolation of any new infections.

Essentially Trump has accepted the rules demanded by the nation’s health bureaucrats. The Bill of Rights and Constitution, meant to protect private property, personal freedom, and religious practice, will continue to be suspended and against the law until these petty dictators decide otherwise.

And even when they declare we can go back to “normal,” they want a program to hunt down infected individuals and label them as “unclean” (my term but quite accurate) so that they won’t be able infect the clean. For those individuals, all rights will still be suspended, possibly forever.

Meanwhile, the numbers continue to suggest that the total deaths from this disease will end up comparable to a somewhat normal flu season. Some might then argue that these deaths are in addition to those flu deaths, but that is incorrect. Most flu deaths occur in older and already sick populations. The Wuhan virus targets these same populations. Someone who dies from one would have been just as likely this year to have died from the other. Thus, the overall mortality will probably not change significantly, if at all, in 2020.

We never shut down the country and suspended the Bill of Rights during past similar flu seasons. In fact, it would have been considered insane to do so. I think it is insane now, suggesting that the real epidemic sweeping across the global is mass hysteria, based on an irrational fear fueled by a partisan press and Democratic politicians who are focused solely on attacking Donald Trump and endlessly seeking ways to hurt him, even if it means putting millions of people out of work and bankrupting the economy.

Moreover, there is tentative evidence that suggests the shutdowns are irrelevant to the spread of the disease. Regardless, these shutdowns were never meant to stop it, only to give the health system breathing room so it would not be overwhelmed by too many patients. That has not happened, meaning that the shutdowns are now unnecessary.

It is time for them to end, now. And if the government won’t back down, then maybe it is time for Americans to tell them to go to hell and go back to work anyway, as suggested by Sarah Hoyt.

Ignore their plans. Their plans are not for our good. The goal is to have everyone out of the house and doing the most productive thing they can by May 1st.

May First (Yes, I know, stealing the commies holiday is grand) is now National Hit the Streets Day. If you can get out of the house and work, do so. Open your shop, serve coffee on our front lawn, I don’t care. Be outside. Do something productive. And if you can’t do something productive AT LEAST BE OUTSIDE. Out in the street. Out in the park. Both of which are paid for by your taxes, btw.

May 1st, get out. Wear SOMETHING yellow (Hong Kong, the gillets jeunes, which though not like us also are fighting attempts at tyranny.) Snek optional.

Because we’re Americans. They govern by the consent of the governed. We don’t need their consent to exercise our natural rights.

As she adds, “They can’t arrest everybody.”

Judge rules health dept must give names of all COVID-19 patients to police

The law is only for the little people: An Illinois judge has ruled that the county health department must give the full list of patients infected with the Wuhan virus to the police, immediately making void all federal and state privacy laws designed to protect our health records.

On Friday, McHenry County Judge Michael Chmiel entered a temporary restraining order mandating that the Health Department disclose to police the names of those actively infected with COVID-19.

…The Health Department refused to reveal the names, prosecutors stated in a news release. Health departments have typically cited privacy concern in withholding such information, specifically the federal Health Insurance Portability and Accountability Act.

What this also means is that if you have been infected with the Wuhan flu, you are now a second class citizen in McHenry County, subject to increased police surveillance and restrictions, regardless of your rights. And your health records are now out of your control, and being freely distributed to government officials.

This story is hardly an outlier. Government officials nationwide are now using the Wuhan flu as an excuse to make them immune from all laws, free to do anything they want in order to increase their power ad infinitum.

If Americans do not resist this abuse of power now, very soon we will not have even the hint of a free nation that we presently retain.

Economy crashes in March due to Wuhan lockdowns

Never let a crisis go to waste: Retail sales in March dropped a record 8.7%, almost entirely due to the nationwide lock downs and business closures imposed by the government on what government officials have arbitrarily determined are “nonessential” businesses.

The Census Bureau said though “many businesses are operating on a limited capacity or have ceased operations completely,” it had “determined estimates in this release meet publication standards.”

Last month’s decrease in retail sales reflected depressed receipts at car dealerships, with light vehicle sales crashing in March. With millions at home and crude oil prices collapsing amid worries of a deep global recession, gasoline prices have dropped, which weighed on sales at service stations in March.

In addition, the closure of non-essential retailers knocked sales at clothing, sporting goods and furniture stores.

There were also steep declines in receipts at restaurants and bars, which stopped in-person service and moved to take-out and delivery service. Though some businesses, including restaurants, have shifted to online sales, the volumes were insufficient to close the gap from social distancing measures. [emphasis mine]

I wonder if the families that run these “non-essential retailers” consider their livelihoods to be “non-essential.” Somehow I don’t think so.

State governments announce demands before releasing citizens from house arrest

A variety of state governments, having now enjoyed their first taste of unrestrained power over their citizens, have begun issuing their odious requirements before they will end the shut downs imposed due to the Wuhan virus, shut downs that are imprisoning their citizens in their homes, destroying businesses, and putting millions out of work.

Those requirements as stated are essentially impossible to meet, and will thus cause these shut downs to continue forever.

For example, the fascist Democratic governor of the fascist state of California has now released the six demands that must be met before it will consider lifting the house arrest it has placed on its citizens.

The actual order can be found here [pdf] The demands, all of which insist on heavy future surveillance and odious limits on the freedoms of California’s citizens, all violate the Bill of Rights, and all have been imposed by degree, with no election or legislative action. They state that before the government will release its citizens from house arrest, the government must have, to quote:
» Read more

Failed past predictions from a COVID-19 “expert”

Neil Ferguson, the Imperial College London epidemiologist and professor of mathematical biology that has been called the “gold standard” of disease modeling, according to the New York Times and Washington Post, and whose initial predictions that the Wuhan flu would kill more than two million people in the United States and half a million in the UK, has in the past routinely made absurdly wrong and vastly overstated predictions for numerous other diseases.

The article compared Ferguson’s predictions with the real data for the following:

Bird Flu: Ferguson predicted up to 200 million deaths worldwide. So far 455 people have died.

Mad Cow Disease: Ferguson predicted up to 150,000 deaths. So far 178 people have died.

Ferguson’s predictions for coronavirus have been as bad. His initial prediction of 2.2 million deaths in the U.S. is going to be so wrong that every politician and individual that cited it to justify the Wuhan panic should be made to apologize, publicly.

As COVID-19 numbers have come in, Ferguson downgraded his predictions, lowering his UK prediction from 500,000 to only 20,000. At this moment the death toll in the Great Britain is under 9,000. It is very unlikely it will reach Ferguson’s revised number. And even if that number ends up close to accurate, it just illustrates that Ferguson’s ability to predict is garbage. His only accurate number was issued on March 26, when almost anyone could have made a prediction of reasonable accuracy.

So we come to the fundamental question: Why have our press and politicians repeatedly relied on this quack’s predictions? Could it be that his over-the-top cries that the world is about to end might serve their interests, and not the general public’s? Might it be possible that they are using him to convince the pubic to give them more power? Could it?

These are valid questions. And the history of the past two decades justifies asking them, as the track record of our mainstream press and politicians during that time has consistently shown they are not interested in the public’s needs, but their own, exclusively.

COVID-19 vs other causes of death

Link here. The article freely admits that a new contagious disease is not the same as something like cancer and snakebites. It also notes the importance of putting this virus in its proper perspective, something unfortunately few are doing.

For example, about 4,700 deaths from the Wuhan flu have been recorded worldwide today. From all accounts we are also very near the peak of this epidemic. Compare this with other death rates:

According to the World Health Organisation’s (WHO) International Agency for Research on Cancer, there were 9.6 million deaths from cancer in 2018. That works out to around 26,000 deaths a day worldwide.

17.9 million people died from all cardiovascular diseases in 2016 according to the WHO—this works out as 49,000 a day.

Ischaemic heart disease or coronary heart disease specifically was the cause of 9.4 million deaths worldwide in 2016, 25,840 a day.

In 2016 the WHO estimated that 1.6 million people a year die from factors relating directly to diabetes. This is about 4,400 a day. [emphasis mine]

There’s more. Read it all. And remember also that of the 4,700 or so deaths from COVID-19 today, many occurred because the patient was already sick from some other illness and, based on the skewed reporting system being used, might really have died from those illnesses, not the Wuhan flu.

It is very clear that the fears pounded into us by the leftist academic community, working in league with the Washington bureaucracy, are way out of line. As the article concludes:

To sum up where we stand today, April 9: Based on the pretext that we must “limit the spread” of the Wuhan virus, the American economic boom of the past three years has been reversed in a matter of days, millions have lost their jobs, tens of thousands of small businesses have been shuttered and will probably never reopen, and three-quarters of the American population has been subjected to some form of house arrest by state, county and city governments.

All over the country people are being fined or arrested and jailed for violating suddenly imposed restrictions on their every movement and gathering, often with the aid of their neighbors, who turn them in to the police, following instructions on how to be a snitch. Attendance at religious services has been forbidden altogether or limited to ten people, even in vast cathedrals, while “permission” is granted to crowd supermarkets and convenience stores, buy booze, purchase cannabis and have pets groomed.

America’s almost instantaneous transformation into a police state is based on “models” that “predicted” upwards of 2 million deaths from the Wuhan virus without “mitigation” in the form of a preposterous attempt to quarantine 330 million people. And the people have obsequiously bowed to every ridiculous command.

We have been scammed. It is time that the scammers paid, not innocent Americans. It will however take innocent Americans to make that happen, at the voting booth in November.

IHME lowers its death prediction for Wuhan virus again

In what appears to be becoming an almost twice-weekly event, the scientists who created the Institute for Health Metrics and Evaluation (IHME) model that the White House has been depending on to deal with the Wuhan flu epidemic have once again lowered their projected total deaths from COVID-19, from about 82,000 to 61,000.

Wednesday’s dramatic reverse in the model’s projection of U.S. deaths was made without a press release from IHME explaining the reasons for the reduction. It marks the second reduction in the model’s U.S. deaths projections since April 1, when it forecast 93,765 U.S. fatalities.

On April 5, the death projections were lowered to 81,766.

Our estimates assume statewide social distancing measures are continuing in states where they have already been enacted, and for those states without such measures in place, it is assumed they will be will be in place within seven days,” IHME director Christopher Murray said on April 5. [emphasis mine]

Murray’s highlighted statement above gives the impression that these new lower numbers are because of the imposed “social distancing measures.” This is a lie. All their predictions, even their highest, always included such measures. Thus, their earlier predictions were simply wrong, and very badly wrong.

In only a week they have dropped their prediction by one third.

I must add that this is the same model that has vastly over-estimated the number of hospitalizations that would occur, to the point of absurdity. Instead of having so many coronavirus patients that hospitals were overwhelmed, hospitals have had numerous empty beds, even in New York.

If the deaths from the Wuhan flu end up around 61,000, that number will match exactly the number of total deaths during the 2017-2018 flu season. Remember how we shut down the entire economy then too? I don’t.

I will also make a prediction. The final numbers will still be far lower than the 61,000 they are now predicting, even though there is clear evidence that many states are exaggerating the number of Wuhan flu deaths, probably in order to justify their panic that has shutdown the country and is bankrupting millions. In the end, even with these overstated numbers, the totals (including the flu) will I bet end up not much more than a somewhat bad flu season, but not one far different than 2017-2018, the worst in many years.

If the voters don’t fire a lot of politicians come November for this disgusting travesty, then we are surely doomed to bankruptcy and tyranny in future years.

COVID-19 model predictions continue to be too high

Two stories off the wire today illustrate again the overheated and over-stated predictions of the computer models being used by federal and government officials are simply wrong.

The first prediction resulted in a panic that caused hospitals nationwide to cease all “non-essential” medical procedures out of fear they would overwhelmed with serious Wuhan virus sufferers. Instead, hospitals sit empty with little activity and some have had to cut staff and hours because the loss of the income from those “non-essential” procedures is bankrupting them. And in New York, the worst hit state, the model was four times too high:

The model projected that New York would need 65,400 hospital beds by April 4, but only 15,905 were actually used, according to former New York Times reporter Alex Berenson.

The second story reports that the IHME model that the White House and state governors have been relying on to justify shutting down the entire U.S. economy, bankrupting millions of small businesses, and putting millions of people out of work, has reduced its prediction for deaths from COVID-19 from about 93,000 to about 82,000, a number is still certainly too high based on the actual deaths so far. Earlier they were claiming hundreds of thousands could die.

Meanwhile, policy nationwide has been based on the assumption, clearly stated by Dr. Deborah Birx, head of the White House coronavirus task force, that “No state, no metro area, will be spared.”

The numbers however make this statement seem absurd. This state-by-state analysis today shows that the bulk of the problem is focused in the New York metropolitan area:

Thus, we can ascertain by these numbers that 53% of all U.S. Coronavirus deaths are coming from the two states of New York and New Jersey.

…If you throw out the numbers for the top five and bottom five states, removing the extreme highs and lows – the other 40 U.S. states (including Puerto Rico) will have suffered an average of 70 deaths from Coronavirus.

In other words, we have allowed our politicians to bankrupt us over an illness that has killed so few people in most of the country (most of which were aged and likely very sick already) that the numbers could almost have been considered rounding errors.

More evidence that U.S. health system is not being overwhelmed by COVID-19

In an article today in the National Review focused on a lot of good coronavirus news the past week, a number stories jumped out at me, mostly focused on the surplus hospital beds available in the states of Florida, New Jersey, Washington, Maryland, Vermont, Ohio, Utah, and in southern Arizona, and in the cities of Dallas, St. Louis, San Francisco, and Orange County.

In other words, my conclusion earlier this week that the U.S. hospital system was not going to be overwhelmed by COVID-19 is proving to be true. Even in New York, which appears to have the biggest problem, they have arranged with twenty hotels to convert rooms for hospital care.

Much of this surplus is unfortunately caused by the forced lockdowns that have forbidden hospitals to do any elective surgeries (with “elective” sometimes defined so broadly that they have caused some hospitals to cut staff and hours) as well as the too-high predictions that have probably caused them to plan for more beds than they will need.

Nonetheless, these surpluses are good news.

Meanwhile, the daily death toll rose significantly today in the U.S., reaching almost 1,500, after several days where it appeared to have stabilized around 1,000. This rise is not unexpected, and further rises will also not be a surprise. The moment of truth however will be when it begins to drop, which should probably happen in less than two weeks. When that happens, we will then finally be able to get a realistic estimate of the total mortality from COVID-19.

I will add that based on the numbers of actual deaths so far in the U.S., it still appears to me that the prediction of between 100,000 to 240,000 U.S. deaths by Trump’s experts is going to be much too high, and very very wrong.

Shutdowns forcing hospitals to cut staff during Wuhan panic

This makes perfect government sense: The shutdowns that our governments have imposed on people and businesses nationwide due to the Wuhan panic has forced hospitals to cut staff and shorten hours.

The article describes the growing collapse of medical services caused by the state-imposed lockdowns in Ohio, Massachusetts, Kentucky, Connecticut, South Carolina, Tennessee, New Jersey, Oregon, Virginia, and Arizona. That’s only ten states, but it is very likely the remaining states are experiencing the same problems, as described in the article:

The Connecticut Children’s Medical Center is furloughing 400 across its health system as a result of surgeries being delayed, which has caused patient volumes to plummet, resulting in millions of dollars of lost revenue, according to the Hartford Courant.

The number of elective cases at Prisma Health in South Carolina has fallen by over 75% in two weeks. CEO Mark O’Halla issued a letter to employees informing them of furloughs, adding that they will be able to file for unemployment and apply for open positions at the hospital.

Two-hundred healthcare workers in Tennessee are being furloughed as a result of “dramatically reduced” hospital visits, which means a loss of revenue, according to the Tennessean.

We need to bankrupt ourselves in order to save us! Thank you government and centralized rule!

First estimate of the cost of the Wuhan panic shutdown

The estimated lose to the U.S. economy due to the shutdown over the Wuhan panic is now estimated at $32 trillion, more than the entire annual gross national product for the country.

That number is of course preliminary, but for a first guess I think it is probably low, especially because it does not include the following:

  • Lost opportunity cost for businesses
  • Lost opportunity cost for individuals who had to delay dreams, plans, etc.
  • The loss of freedom (priceless)
  • The cost of not educating millions of students and falling further behind in academic standards

It also assumes we get back to work relatively soon. Should the shut down extend through May, I think the Great Depression will appear like a lark in comparison.

Note that the overall social cost of this panic and shutdown cannot be measured, as it is also establishing new social distancing customs that are probably overwrought and counter-productive for a healthy society.

States begin push to end voting at polls

The rigging of elections begins: As part of the Wuhan panic, state legislators (as well as Joe Biden, the present Democratic Party front runner for president), are now pushing to change election laws to allow more voting by mail, and to even eliminate in-person voting at the polls.

States are weighing measures to change voting rules in November’s presidential election as they struggle with social-distancing orders during the worldwide coronavirus outbreak, according to a report Tuesday. “More people who vote early or vote by mail, means fewer people standing in line on election day,” California Secretary of State Alex Padilla told the Axios news website.

But the effort to keep voters from going to the polls in person Nov. 3 faces legislative and financial roadblocks. The price for states to change their methods of voting could pass $2 billion, Axios said.

Of course, they are completely sincere about their desire to protect us from this evil virus. None of them would ever take advantage of an election conducted entirely by mail to rig the results. Never! How could anyone think such a thing?!

I mean, really, these are the same kinds of people who wrote the FISA court legislation, and then administered it perfectly! They are also the same kind of governmental people who run the IRS and never use it to go after people they don’t like, for political reasons. Never!

I await the coming our perfect government-run utopia. All will be well. Just accept it.

The lack of context during the Wuhan virus panic

Link here.

This editorial tries to remind people that when you look at the whole picture, the coronavirus epidemic simply does not yet justify the fear it has caused, or the over-the-top authoritarian measures politicians have imposed. For example:

On its own, 3,000 fatalities [from COVID-19 as of yesterday] might seem like a tremendously large number. But that’s before you learn that an average of 7,700 people die in the U.S. every single day. Which means that over the past week, when the coronavirus took 2,000 lives, nearly 54,000 people died from other causes. [emphasis in original]

They then list the many other preventable causes of death that each year kill far more people than the coronavirus, and yet pass entirely unnoticed, with no panic, fear, or government-imposed edicts. The mortality numbers for other infectious diseases I find especially revealing:

  • 35,000: antibiotic-resistant bacteria
  • 40,922: blood poisoning resulting from bacteria
  • 55,672: flu and pneumonia

Once again, these are numbers for deaths that occur routinely, each year. I don’t remember the government declaring martial law over these. Do you?

COVID-19 could still be as bad as our panic-stricken leaders say, with predictions of between 100,000 to 200,000 deaths this year. I remain very skeptical. Such numbers would be from two to four times higher than the worse flu epidemic. The data from too many sources suggest this prediction is absurdly high.

And even if it is correct, I suspect these deaths will not be additional mortality, on top of all other causes. Instead, I predict that overall the mortality will be about the same, if not less, because of the imposition of martial law. Unable to go out, there will be fewer traffic accidents and flu infections, for example, causes that routinely kill a lot of people.

Thus, the overall death numbers will not be significantly different than we normally see, a result that will hardly justify the panic that has gripped everyone.

Total mortality is DOWN in Europe during Wuhan panic

According to the latest weekly report of overall mortality in Europe, the number of deaths during the March 18 to 24 time period had dropped, even though that was the exact period when the panic and alarm over the COVID-19 epidemic began to reach its height.

The article at the link also notes that this particular flu season has so far been relatively mild, which corresponds with the U.S. data I posted on March 26.

Both the article and his source speculate with some puzzlement as to why this is the case. Obviously, the panic shutting down our entire economy and society is probably helping. At the same time, this flu season was already clearly going to be a mild one, long before the Wuhan panic took over.

Regardless, what these numbers once again suggest is that the response to COVID-19 has been way out of line and over the top. While our bankrupt press keeps focusing on specific deaths and coronavirus mortality rates, they are failing to note that the overall death rate is not changing, and is possibly even dropping.

A good example are the wild rumors, widely reported, of a gigantic order of burial urns for China, implying that these urns were needed because of millions of extra COVID-19 deaths, not reported by the Chinese authorities. What nobody asks is how many urns are normally ordered each year? I suspect the numbers would be quite similar.

We are not all going to die from the Wuhan virus, though the extreme measures our government is forcing us to take might very well kill us, in other ways. At a minimum, those extreme measures are destroying what was once a free society.

Europe’s BepiColumbo mission to Mercury threatened by COVID-19

Because of the strict rules and work suspensions imposed due to the Wuhan virus panic, there will be a reduced workforce during the April 10, 2020 fly-by of Earth by the European Space Agency’s (ESA) BepiColumbo Mercury mission.

The press release tries to make it sound like they are heroically working through the fly-by, but the truth is revealed far down in the text:

The operation, however, will be performed with limited personnel at ESA’s European Space Operations Centre (ESOC) in Darmstadt, Germany, where engineers will have to comply with social distancing rules presently in place all over Europe as a response to the coronavirus pandemic. “The Earth swing-by is a phase where we need daily contact with the spacecraft,” says Elsa Montagnon, BepiColombo Spacecraft Operations Manager at ESA. “This is something that we cannot postpone. The spacecraft will swing by Earth independently in any case.”

The coronavirus threat forces the team to work with minimal face to face interaction while ensuring all steps in the process are properly covered. “During the critical two weeks prior to the closest approach, we need to upload safety commands to prepare the spacecraft for unexpected problems,” says Christoph Steiger, BepiColombo Deputy Spacecraft Operations Manager. “For example, we need to prepare the transfer module for the 34 minute-long eclipse when its solar panels will not be exposed to sunlight to prevent battery discharge.”

Operations can still be conducted as planned, he adds, but will require more effort and attention than in a normal situation. [emphasis mine]

I suspect that much of the software work is now being done remotely, but there is no doubt the inability to be present in the control room will prevent any quick fix, should the spacecraft need help during the fly-by.

Flu deaths appear to be plummeting as COVID-19 arrives

Sarah Hoyt has published a very revealing analysis of the CDC numbers of the on-going 2019-2020 flu season.

The graphs, which are astonishing, show two trends, one somewhat expected, the other completely a surprise. You should definitely go to the link to see.

First, this flu season there is a giant uptick in people seeing their doctor because of flu symptoms. Though the big rise in doctor visits began in December, when COVID-19 first began to make the news, the trend did began well before its appearance, making the uptick somewhat puzzling.

The second trend makes that uptick even more baffling. It appears that in the last four weeks the number of deaths because of flu and pneumonia has plummeted, dropping to far below any numbers for the past five years. As Hoyt notes at the link,

BTW the author and I had several “people who know better than us” look at the charts, and it remains a mystery. No, we don’t know what’s going on. We know it makes no sense.

I suspect the drop in deaths is connected to the high level of concern by the general population, causing them to get treatment earlier so that many who would have died in past seasons don’t. I also suspect that this data also confirms the relatively minor impact so far of COVID-19 overall. As the author notes,

As to conclusions, there isn’t enough data for any concrete conclusion. Looking at this logically, IF there have been COVID-19 cases in the US since December, it doesn’t appear to have been deadly enough to have been very noticeable.

This data is very preliminary, has great uncertainties. Nonetheless, it suggests once again that the panic over the Wuhan flu is way out of line.

TMT protesters abandon camp due to Wuhan virus fears

The protesters who have been blocking construction of the Thirty Meter Telescope (TMT) on Mauna Kea in Hawaii have abandoned their camp due to fears of COVID-19.

Though this gives the consortium an opportunity to begin construction, don’t expect it. Based on info I’ve gotten from within the astronomy community (most of which is liberal and thus very focused on identity politics), the consortium that wants to build TMT is torn over these protests, with many astronomers sympathetic to the protesters’ false claims of bigotry and religious oppression.

TMT will not be built in Hawaii. Whether it is built at all remains an open question.

Pork galore in Senate-passed COVID-19 “stimulus” bill

The so-called COVID-19 “stimulus” bill that the Senate passed yesterday is apparently stuffed with billions in hand-outs to friends and buddies of Congress and the Washington bureaucracy, all of which have nothing to do with helping the American public being bankrupted by the forced shutdowns imposed on them by government.

Go to the link for a full list, which includes money for the National Endowment for the Arts, the National Endowment for the Humanities, the Kennedy Center in DC, the Corporation for Public Broadcasting, the post office, NASA, and the Department of Education, to name only a few. It also includes a pay raise for Congress, money to sanctuary cities to allow them to continue to flout immigration laws (thereby making it harder to control the virus), and half a billion in foreign aid to Africa. The bill also will force unions on businesses who wish to take any government money.

There’s more of course. It will take a few days for decent people to dig through the entire document [pdf]. By that time however the House, under Democratic Party control, will have added more goodies, the Senate and Trump will have approved, and the bill will be law.

Three cheers for Congress!

COVID-19 is NOT going to overwhelm our healthcare system

As part of the panic that has been overwhelming the world because of COVID-19, one of the typical lies that is being spread is that the epidemic is going to overwhelm the world’s healthcare systems. This CNN article from yesterday, entitled “‘That’s when all hell broke loose’: Coronavirus patients start to overwhelm US hospitals”, is typical:

“We ended up getting our first positive patients — and that’s when all hell broke loose,” said one New York City doctor.

The doctor, who spoke to CNN on condition of anonymity out of concern for his job, described a hospital that was woefully unprepared for an influx of Covid-19 patients that started roughly two weeks ago — which has already stretched the hospital’s resources thin and led to severely ill patients outnumbering ventilators.

“We don’t have the machines, we don’t have the beds,” the doctor said.

“To think that we’re in New York City and this is happening,” he added. “It’s like a third-world country type of scenario. It’s mind-blowing.” [emphasis mine]

We’re all gonna die!

Not! To dispell these mainstream media lies, I am going to give my readers an example of what a real journalist does, in comparison to the brainless non-researchers at CNN (and elsewhere) who make believe they are journalists but instead play them, on television and cable each day, in order to push an anti-American and leftist agenda that is downright evil and destructive.

I’m going to do some real research, and provide it to my readers so that they can get some context and a deeper understanding of the fake Wuhan flu “pandemic.”
» Read more

SpaceX commercial launch for Argentina postponed because of COVID-19

Because of travel restrictions imposed by the worldwide panic over the COVID-19 virus, Argentina’s space agency has postponed the planned March 30, 2020 launch by SpaceX of an Earth observation radar satellite.

“This decision (to postpone the launch) has been made considering the restrictions imposed by the COVID-19 pandemic and that could affect the availability of own resources and foreign third-party resources, necessary not only for a safe insertion into orbit, but also for further operation of the satellite,” CONAE said in a statement.

CONAE said the decision to postpone the launch, which was made in consultation with SpaceX, is the “best decision in these moments of uncertainty … that the whole world suffers because of COVID-19.”

Argentina has halted all flights to and from the United States, impacting the ability of Argentine personnel needed to support the planned launch to travel to the Florida spaceport.

The more I research the Wuhan flu, the more I am convinced that the world’s governments have gone crazy. More on this later today.

Today COVID-19 made my doctor and I criminals

Because I have in my later years developed a minor case of chronic asthma, I make quarterly visits to a lung specialist to take a basic lung function test to monitor the progress of my workout regimen plus medicines. This began two years ago when the asthma was first diagnosed, forcing me to take puffs of an inhaler twice each day, in the morning and evening.

My long term goal is to get off these meds, but to do so I need to improve the numbers in this quarterly check-up.

Today was my appointment for the first checkup in 2020. I get to the doctor’s office and, not surprisingly, cannot enter without letting them take my temperature and confirm that I have no cough or cold. I expected this, since a doctor’s office is one of the most likely places to catch a disease from others, and with the COVID-19 panic dominating society, they need to be sure everyone is uninfected before allowing them in.

I don’t object to these precautions. I just wonder why they didn’t do such testing last year, when we were having the worst flu season in decades, killing far more people than the Wuhan virus. This contradiction once again illustrates the irrationality of the COVID-19 response.

The office was empty, obviously because many people have cancelled their regular checkups out of a media-induced terror.

When it comes time for my checkup, the doctor’s medical assistant started going through the normal preliminaries, taking my blood pressure, pulse, etc. However, he then tells me that he will not be doing the lung function test, as is normal.

“What?” I say. “That’s the prime reason I’m here. It gives us data for measuring my progress.”
» Read more

Details of the Wuhan virus Congressional pork bill

With the Democrats in Congress retreating from their effort to stuff the fake COVID-19 stimulus bill with many provisions irrelevant to the virus, including many that would have helped them steal elections, the basic features of the new $2 trillion bill are now becoming clear.

Not surprisingly, it is filled with wonderful payoffs to big and small business, as well as the voters, all of which our federal government cannot afford, and all of which are sadly desperately needed by the citizenry because of the very bad policies the government imposed on the nation because of the virus.

  • Big Businesses: About $500 billion can be used to back loans and assistance to companies, including $50 billion for loans to U.S. airlines, as well as state and local governments.
  • Small Businesses: More than $350 billion to aid small businesses, including $10 billion in SBA grants of up to $10,000 for small business costs, and $17 billion for SBA to cover six months of payments for businesses with current SBA loans.
  • Hospitals: A $150 billion boost for hospitals and other health-care providers for equipment and supplies.
  • Individuals: Direct payments to lower- and middle-income Americans of $1,200 for each adult, as well as $500 for each child.

The bill has a number of restrictions on these payments, which on their face make sense. The problem however is that so far the numbers of people sick from COVID-19 simply do not justify this spending.

No matter. Chicken Little has won again. Common sense no longer exists.

Rocket Lab suspends launches due to Wuhan virus

Chicken Little wins again! Rocket Lab announced yesterday that it is postponing its next launch from New Zealand, scheduled for March 30, due to the Wuhan virus.

The decision to postpone the launch came after the government of New Zealand announced March 23 that it was moving to Level 4, or its highest response level to the pandemic, effective just before midnight local time March 25. Under Level 4, residents are instructed to remain at home and only essential businesses allowed to remain open.

What the government considers essential is very limited. “Only the businesses absolutely essential to ensure the necessities of life, like supermarkets and pharmacies, can stay open. If in doubt, the business premises should be closed,” Paul Stocks, deputy chief executive of New Zealand’s Ministry of Business, Innovation and Employment said in a March 24 statement.

My sense is that Rocket Lab was forced to do this by the government. The result is the government has become more powerful, and private enterprise weaker, partly because of the former, and partly because its profit margin will be slashed due to the unnecessary delay.

European planetary missions go dark because of Wuhan virus

The European Space Agency has suspended operations and shut down several planetary missions, including two Mars orbiters and two solar missions, because of lockdowns imposed because of COVID-19.

The problem is that they don’t have enough people in their mission controls to operate everything. They are shutting these down so that they can continue operations on their Mecury mission BepiColumbo, for example.

The article also tries to lay the blame for the recently announced launch delay of Europe’s Mars 2020 rover to 2022 on the virus, but that’s false. The mission was delayed because it simply wasn’t ready.

Bezos’ Feb Amazon stock sale earned $3.4 billion, not $1.8 billion

In early February Jeff Bezos sold of 3% of his Amazon stock, almost twice what had been reported at the time, earning him $3.4 billion not $1.8 billion.

This information is part of an overall sell-off in early February by the top executives of many U.S. companies, totaling $9.2 billion.

While Mr. Bezos’s sales accounted for more than a third of the 2020 sales, thousands of other insiders sold stock. More than 150 executives and officers individually sold at least $1 million worth of stock in February and March after having sold no stock in the previous 12 months, the Journal analysis found.

Wall Street executives also sold large dollar amounts, including Laurence Fink, CEO of BlackRock Inc., who sold $25 million of his company shares on Feb. 14, pre-empting potential losses of more than $9.3 million and Lance Uggla, CEO of IHS Markit Ltd., a data and analytics firm, who sold $47 million of his shares around Feb. 19. Those shares would have dropped in value by $19.2 million if Mr. Uggla had retained them. A spokesperson said the shares were sold under a preset plan.

These early February sell offs are in addition to the sudden sales of stock by four Senators, all conveniently timed to beat the crash that has since occurred.

If I was a cynic I would say they got inside information from their buddies in Congress and the state governments, telling them that the government was going to shut down the economy because of COVID-19, and you better sell.

If I was a fool I’d say that can’t be, these people are all upfront and honest, especially those in Congress. They would never work with the big stockholders on Wall Street to manipulate stocks so those stockholders could make a killing. Never!

Meanwhile, Bezos’ stock sale now gives him a total of $8.2 billion in cash from all his stock sales since 2017. While he has said this money was intended to support his space company Blue Origin, he has also said he wants to spend $10 billion on “climate change.”

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