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[World] Only 9 of the world’s top 100 billionaires have gotten richer during the pandemic — and all are Chinese In just two months, the masters of the economic universe have lost more than $400 billion.
Published:4/6/2020 9:06:11 AM
[World] Bond Report: U.S. government bond yields follow stocks higher on coronavirus hopes Treasury yields rise sharply on Monday as a global rally in risk assets drew demand away from government paper on hopes that the spread of the COVID-19 disease was beginning to slow in the U.S. and Europe.
Published:4/6/2020 7:08:41 AM
[World] Why Donald Trump's hydroxychloroquine fixation drives White House lynch corps nuts

It was hard not to think of President Trump as the Queen of England delivered one of the most moving speeches imaginable in this difficult coronavirus-plagued time.

The 93-year-old Elizabeth II did it to perfection.

"I hope in the years to come, everyone will be able to take pride in ... Published:4/6/2020 5:04:41 AM

[World] Adrian Vermeule’s Moral Madness

One can critique the limits of freedom and excesses of libertarianism without echoing the nihilism of totalitarians.

The post Adrian Vermeule’s Moral Madness appeared first on The American Conservative.

Published:4/5/2020 8:31:29 PM
[World] Coronavirus and the decline of the conservative sensibility

Donald Trump's presidency has brought its fair share of partisan and ideological inversions: The Democrats are now the party of Russia-hawkishness, free trade, and, rhetorically at least, fiscal probity. Republicans, meanwhile, now back conditions-free confabs with Stalinist dictators like Kim Jong-un and pass federal budgets whose deficits top $1 trillion ... Published:4/5/2020 7:02:23 PM

[World] The best, the bad and the ugly during the COVID-19 pandemic

The coronavirus pandemic is bringing out the best in people — and the bad and the ugly.

The best is coming from front line responders, medical personnel and many others who put themselves at risk to save lives.

Then there are President Trump, Vice President Mike Pence, and the tireless ... Published:4/5/2020 4:04:33 PM

[World] How the liberal media weaponizes COVID-19 against Trump

America faces an existential threat from the COVID-19 virus, but our response is made needlessly more difficult because a partisan media has weaponized the virus as a cudgel against the president. Instead of a rallying point for America, our fight against the pandemic has become a political football.

New York ... Published:4/5/2020 11:58:35 AM

[World] ‘Honestly, we don’t know what to expect’: Meg Whitman’s big-money streaming startup Quibi to launch in a new world Quibi, the mobile streaming service that has raised a staggering $1.75 billion, debuts Monday in the most unpredictable of circumstances. Most of the country sits at home, thirsting for any form of entertainment. But will they consume content designed for on-the-go viewing while commuting to work or waiting in line for coffee?
Published:4/5/2020 9:27:40 AM
[World] Teresa Giudice Shares Touching Tributes of Her Father a Day After His Death Teresa Giudice, Dad, Giacinto GorgaFamily is forever. Teresa Giudice is continuing to honor her father Giacinto Gorga--who passed away on Friday morning--with touching tributes on social media. "This is the...
Published:4/4/2020 8:58:08 PM
[World] America the humbled, America the crumbled

Just a few weeks ago, America's economy was chugging along, high school seniors were prepping for graduation, fitness clubs were rolling out their spring specials and Americans were starting to discuss their summer travel plans.

Now? Now it's a different world.

A brave new world.

Now, masked men and women ... Published:4/4/2020 7:55:33 PM

[World] Captain Crozier Was Right, And His Sailors Knew It

He put Men before the Mission. That the brass removed him and killed his Navy career calls into question their own judgment.

The post Captain Crozier Was Right, And His Sailors Knew It appeared first on The American Conservative.

Published:4/4/2020 7:55:33 PM
[World] The tyranny of the parked car in Washington, D.C.

The novel coronavirus and the resulting quarantine have revealed just how much deference we give to the automobile (or to be precise, parked automobiles) in Washington, D.C., to the detriment of nearly every single form of transportation — pedestrians, drivers, cyclists and bus riders.

Traffic flow is much better than ... Published:4/4/2020 12:53:29 PM

[World] The COVID-19 crisis validates 'America First' and Britain's Brexit strategies

Crises help us sort out our priorities. The global COVID-19 pandemic makes it clear that for all of the grand rhetoric of our pan-national global organizations, that when it comes to security and health, it’s every nation for themselves. The merits of both Trump’s “America First” and Britain’s “Take back ... Published:4/4/2020 12:22:57 PM

[World] American businesses are tapping their credit lines at the fastest pace ever Under normal circumstances, robust use of commercial credit lines would be good for banks, but these are not normal circumstances.
Published:4/4/2020 10:22:41 AM
[World] The Corona Cocktail Hour: Are We Paying Too High a Price?

Liquor stores are deemed essential across country, but we may be ignoring the darker implications of that decision.

The post The Corona Cocktail Hour: Are We Paying Too High a Price? appeared first on The American Conservative.

Published:4/3/2020 7:19:07 PM
[World] This might be the simplest no-sew DIY coronavirus mask When you can’t buy a mask, make it yourself.
Published:4/3/2020 1:48:19 PM
[World] No, the FDA Can’t Stop Doctors From Prescribing Chloroquine

The possible coronavirus cure is said to be pending government approval. But physicians have a way around that.

The post No, the FDA Can’t Stop Doctors From Prescribing Chloroquine appeared first on The American Conservative.

Published:4/3/2020 12:19:11 PM
[World] Coronavirus update: 1.04 million cases, 55,132 deaths and U.S. health care workers clamor for masks and gloves The U.S. labor market showed further signs of damage from the coronavirus that causes COVID-19 on Friday as the global case tally continued to extend beyond a million and the death toll passed 54,000.
Published:4/3/2020 10:17:54 AM
[World] Steel billionaire Gupta shuffles reporting dates at GFG Alliance In early March, several of GFG Alliance entities changed their financial year-ends from Mar. 31 to Jun. 30, according to filings with Companies House. This week, they changed the year-ends back again. It is unusual to do so twice in such quick succession.
Published:4/3/2020 1:45:40 AM
[World] The Coronavirus Could Spark a Nuclear Meltdown in North Korea

Now is the time to offer sanctions relief to safeguard against instability, and perhaps make an opening for peace.

The post The Coronavirus Could Spark a Nuclear Meltdown in North Korea appeared first on The American Conservative.

Published:4/2/2020 9:16:44 PM
[World] Latest genius Democrat plan: Make the election about Wuhan virus

As in life, in politics you should be careful what you ask for.

Some Democrat politicians appear hellbent on turning the 2020 election into a referendum on the Wuhan coronavirus pandemic.

They lash themselves to the splintered mast and accuse political enemies of being racist for uttering the place whence ... Published:4/2/2020 8:43:29 PM

[World] A Heinous Jobs Report, and Trump’s Path Forward

The Coronacrisis deepens with ghastly jobs numbers. In taking his next steps, the president must use his bully instincts for good.

The post A Heinous Jobs Report, and Trump’s Path Forward appeared first on The American Conservative.

Published:4/2/2020 8:43:29 PM
[World] Can President Trump break the 50 percent job approval rating?

One of the questions being asked by pollsters about President Trump is whether he will ever be able to achieve a 50 percent job approval rating.

A recent headline in an online analysis by The New York Times this week asks this question: “Can Trump Break a 50 Percent Approval ... Published:4/2/2020 4:42:32 PM

[World] BOOK REVIEW: 'More Myself'

NEW YORK - As a young woman growing up in the 1980s and ’90s in New York City’s Hell’s Kitchen — “the name was exactly accurate for what it looked like, what it felt like,” as Alicia Keys recalls it — the budding musician born Alicia Cook would purposely wear ... Published:4/2/2020 3:42:35 PM

[World] Hypocritical leftist media bias against Liberty University and Jerry Falwell Jr. is dangerous

Let’s set the record straight: The leftist media bias against Liberty University and President Jerry Falwell Jr. is hypocritical, but it’s also dangerous.

Just like the libelous assault against Nick Sandman and the Covington Catholic High School students last spring, many activist-journalists believe the pandemic gave them a permission slip ... Published:4/2/2020 1:40:46 PM

[World] Far-left wants prisoners set free as COVID-19 rages, but has no plan for jobs or housing

While the coronavirus pandemic rages on, it touches and alters nearly every part of American society — and while many of us take for granted our ability to socially distance and stay home to avoid getting sick, our detained populations face an entirely different set of challenges.

As of writing ... Published:4/2/2020 12:43:28 PM

[World] The Afghan Air Force Gets More Money Than Infectious Disease Prevention

The coronavirus has exposed an awful crisis of priorities: we fund overseas wars before domestic health.

The post The Afghan Air Force Gets More Money Than Infectious Disease Prevention appeared first on The American Conservative.

Published:4/2/2020 12:14:05 PM
[World] See Modern Family's Eric Stonestreet Pull Off an Earthquake Prank on Jesse Tyler Ferguson Jesse Tyler Ferguson, Eric StonestreetYou saw the preview, now see what really happened when Modern Family stars Jesse Tyler Ferguson and Eric Stonestreet pranked each other on Jimmy Kimmel Live. Over the 11 seasons of Modern...
Published:4/2/2020 8:40:06 AM
[World] Need to Know: Bear-market survival tips from an analyst who spent years warning of a bubble Our call of the day comes from Jesse Colombo, an independent economic analyst who predicted the 2008 crash, and has been warning of an “everything bubble” for years, because underlying issues from that crisis were never resolved.
Published:4/2/2020 6:10:02 AM
[World] Outside the Box: What to know about how the coronavirus crisis will impact your money market fund Government intervention should be enough to keep your money market fund safe, writes Robert C. Pozen.
Published:4/2/2020 5:39:16 AM
[World] Bill Gates and his coronavirus conflicts of interest

Bill Gates, the billionaire who founded Microsoft and, along with his wife, the Bill and Melinda Gates Foundation, just called for a complete and utter shutdown and quarantining of the entire American nation, saying the spottiness of some states doing it and some states not has put all in coronavirus ... Published:4/2/2020 4:40:25 AM

[World] Yemen is Shattered and the U.S. Helped the Saudis Break It

Even with a cease-fire on the horizon it may never recover, thanks to the stupefying Western support for the Kingdom.

The post Yemen is Shattered and the U.S. Helped the Saudis Break It appeared first on The American Conservative.

Published:4/1/2020 8:39:44 PM
[World] How a nearly all-white Iowa city is trying to shed its racist image

A series of cross burnings 30 years ago led the residents of Dubuque, Iowa, to ask, "Why do we hate?" In the lead-up to the 2020 Iowa Democratic caucuses, L.A. Times reporter Tyrone Beason traveled to Dubuque, Iowa, to find out whether its efforts to confront racism and inequality are working, and what the rest of the country can learn from its example.

Published:4/1/2020 7:07:28 PM
[World] The World Health Organization and its leader play China's puppets on coronavirus

For over a decade, China has conducted a broad campaign to reshape the international system into a new, post-American global order. In this effort, it is essential that China project an image of being supremely capable and powerful, thereby demonstrating that China — not Europe or the United States — ... Published:4/1/2020 4:35:33 PM

[World] In One Chart: Coronavirus has sparked a surge in gun sales not seen since Sandy Hook Gun sales usually spike after mass shootings, but in this case, it was the coronavirus pandemic.
Published:4/1/2020 4:35:32 PM
[World] Taking constitutional rights seriously during COVID-19 pandemic

“If the provisions of the Constitution be not upheld when they pinch as well as when they comfort, they may as well be abandoned.”
— Justice George Sutherland (1862-1942)

In his 2008 book “Taking Rights Seriously,” the late professor Ronald Dworkin explored the origins and governmental treatment of human liberty. ... Published:4/1/2020 2:34:52 PM

[World] Marines will help make it clear that China can't expel America from South China Sea

Beijing’s desire to turn the South China Sea into a personal lake for President Xi Jinping is getting pushback from an unexpected source, the United State Marine Corps. When people think of the Marines, they generally think of assault troops and aggressive attacks on fortified positions, so sea control might ... Published:4/1/2020 1:37:30 PM

[World] The World Health Organization is Out of Control 

Rather leading during crisis, it's parroting Chinese government talking points and presenting unusable data.

The post The World Health Organization is Out of Control  appeared first on The American Conservative.

Published:4/1/2020 12:05:15 PM
[World] Futures Movers: Oil begins April on down note as U.S. supplies climb a 10th week in a row Oil futures trade lower Wednesday, beginning April on a sour note with U.S. crude supplies up 10th straight week and traders continue to contend with the destruction of demand from the COVID-19 pandemic and a price war between Saudi Arabia and Russia that promises to flood the world with unneeded crude.
Published:4/1/2020 10:35:37 AM
[World] Market Snapshot: Stock-index futures fall as Trump issues grim warning on coronavirus pandemic Stock-index futures point to a lower start for stocks Wednesday after the market logged its worst quarterly performance since 2008, as President Donald Trump warns that a “very, very painful” two weeks lies ahead as the COVID-19 pandemic continues.
Published:4/1/2020 6:33:17 AM
[World] Showing respect in a time of lockdown because of the coronavirus crisis

In this time of lockdown and social distancing, it is surprising to find that there are some beneficial revelations reminding us about the real nature of the world, and the impact of people around us.

While we are not going to parties or gathering with large groups, we are getting ... Published:4/1/2020 4:32:54 AM

[World] Don’t Play Identity Politics Games With Veterans

Some have suggested certain Americans aren't qualified to tell the stories of our Middle East wars. Nonsense.

The post Don’t Play Identity Politics Games With Veterans appeared first on The American Conservative.

Published:3/31/2020 10:01:19 PM
[World] Don't let coronavirus pivot squander liberty

If you haven't already noticed, here are some reasons why our civil liberties are among the threats posed by COVID-19 and why we mustn't squander them.

A patient at a major D.C. hospital opened fire in the waiting area of the emergency room. The perp was arrested, the weapon was ... Published:3/31/2020 9:30:49 PM

[World] Is Viktor Orbán Using the Pandemic to Impose Dictatorial Rule?

His new authoritarian policies are worrying those who had up to now defended his conservative-nationalist approach.

The post Is Viktor Orbán Using the Pandemic to Impose Dictatorial Rule? appeared first on The American Conservative.

Published:3/31/2020 9:01:07 PM
[World] Donald Trump might make 'the woman from Michigan' Gretchen Whitmer into Joe Biden's running mate

President Trump has single-handedly thrust a mostly unknown politician into the spotlight — and she might just wind up being Joseph R. Biden's running mate, bashing him relentlessly until Nov. 3.

During his daily press briefing last Friday, Mr. Trump complained about not getting enough credit for his administration's response ... Published:3/31/2020 7:31:03 PM

[World] Bond Report: Treasurys end mostly higher Tuesday, but 10-year, 30-year debt yields log steepest quarterly fall since 2011 U.S. Treasury yields mostly see modest gains Tuesday, amid continued uncertainty around the depth and duration of the COVID-19 pandemic
Published:3/31/2020 4:59:41 PM
[World] What a pandemic can teach us about the demise of insect biodiversity

It’s been over a century since so many people have been informed about the spread of a contagious disease. Concepts such as herd immunity, social distancing and how airborne pathogens are spread have become the centerpiece of numerous blogs, articles and conversations.

Perhaps a better-informed public can now appreciate what ... Published:3/31/2020 4:31:37 PM

[World] Demand for food stamps surges in California as virus takes economic toll

The economic toll of the COVID-19 pandemic has spurred a record surge in the number of people applying to CalFresh, the state's food stamp program.

Published:3/31/2020 2:00:37 PM
[World] Trump’s mileage-standard rollback will cost consumers and the climate, say analysts The Trump administration has rolled back the Corporate Average Fuel Economy, or CAFE, standards for new autos. It’s a hard-fought regulatory easing that freezes targets on gas mileage and impacts emissions, and had initially earned a tepid response from an auto industry that had already accepted change.
Published:3/31/2020 2:00:37 PM
[World] Vote-by-mail for 2020 election will make fraud and errors worse

The congressional battle over the coronavirus relief bill is over. Efforts to federalize American elections, including by mandatory vote-by-mail and forced early voting, failed. Those who sought to preserve state control over elections won.  

Amid the war of words, not all claims made rang true. For example, former Republican ... Published:3/31/2020 1:29:59 PM

[World] The Conversation: Census Day is Wednesday; coronavirus means college towns will be undercounted The Census determines the level of federal funding communities receive, and millions of students living in dorms and off-campus housing risk not being counted.
Published:3/31/2020 1:29:58 PM
[World] Key Words: CNN’s Chris Cuomo tests positive for coronavirus but will continue broadcasting his show from isolation I have been exposed to people in recent days who have subsequently tested positive and I had fevers, chills and shortness of breath,” Cuomo said. “I just hope I didn’t give it to the kids and Cristina. That would make me feel worse than this illness!”
Published:3/31/2020 1:01:02 PM
[World] Slippers You Can Actually Wear Outside E-Comm: Slippers You Can Actually Wear OutsideWe love these products, and we hope you do too. E! has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not...
Published:3/31/2020 12:00:19 PM
[World] The Technical Indicator: Charting the approach of major resistance, S&P 500 extends bear-market rally Technically speaking, a bear-market rally attempt remains underway in the wake of an historic, and severely damaging, March downdraft, writes Michael Ashbaugh.
Published:3/31/2020 12:00:19 PM
[World] Economic Report: Consumer confidence sinks in March to 32-month low and it’s going to keep falling Consumers started to rapidly lose confidence in the economy in March as a deadly coronavirus spread, a new survey shows, and it’s likely to plunge a lot more in the month ahead as millions are thrown out of work and the U.S. sinks into recession.
Published:3/31/2020 9:58:16 AM
[World] Futures Movers: Crude-oil prices rebound after tapping 18-year low Oil prices edge higher on Tuesday, after falling to the lowest level since 2002 amid a demand slump due to the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war.
Published:3/31/2020 9:27:58 AM
[World] NewsWatch: If stocks are headed higher, these ‘battleground’ underperformers are worth a look, says Jefferies Our call of the day from Jefferies equity strategists highlights a group of stocks that aren’t over popular and might be just what investors need if markets are ready to turn higher.
Published:3/31/2020 8:01:09 AM
[World] Your Digital Self: As coronavirus hits hard, Amazon starts licensing cashier-free technology to retailers The technology — featuring computer vision, sensor fusion and deep learning — enables shoppers to place items in bags and simply walk out the door.
Published:3/31/2020 5:56:51 AM
[World] Caroline Baum: There’s never been anything like this before. Really. President Donald Trump has frequently asserted that there’s never been anything like his presidency. After the unprecedented events of the past few weeks, it’s finally the truth.
Published:3/31/2020 5:27:45 AM
[World] Nancy Pelosi, the real coronavirus fiddler

House Speaker Nancy Pelosi went on "State of the Union" on CNN and railed against President Donald Trump for — her word — fiddling around while people died of the new coronavirus.

The only fiddler here is Pelosi.

But in classic redirect fashion, this is what she said on CNN, ... Published:3/31/2020 4:28:12 AM

[World] Next Avenue: How to help kids and teens during the pandemic Their need for support is becoming acute. Here are some mentoring ideas.
Published:3/31/2020 3:57:52 AM
[World] Everyone Does What They’re Told, But No One Knows Why

We're reliant on experts to tell us truths too complex to work out. When did we stop living on a human scale?

The post Everyone Does What They’re Told, But No One Knows Why appeared first on The American Conservative.

Published:3/30/2020 8:55:26 PM
[World] Personal Finance Daily: On frontlines fighting COVID-19… for $17.30 an hour and the $2 trillion coronavirus stimulus bill encourages Americans to donate to charity Monday’s top personal finance stories
Published:3/30/2020 4:54:16 PM
[World] We can do better than a parking lot for that temporary hospital during the COVID-19 pandemic

Coming soon to a parking lot near you — a hospital. Federal and state officials are rushing to create temporary medical centers to help patients during the pandemic.

The White House recently announced that the federal government will partner with state and local governments to increase hospital capacity. One method ... Published:3/30/2020 4:37:01 PM

[World] China challenges the world with flawed COVID-19 test kits

MADRID — Mass testing is more than ever a necessity at this stage of COVID-19’s outbreak. But would you trust a testing kit with a 30 percent accuracy rate only? If America launched mass testing on these terms, would you feel safer?

Here in Spain — with the world’s fourth-largest ... Published:3/30/2020 2:22:56 PM

[World] Audacious Chinese coffee chain Luckin, not content in its quixotic battle against Starbucks, dreams of becoming ‘Amazon-like’ The audacious Nasdaq-listed upstart came out of nowhere in 2017 and has used technology and breakneck expansion to remake the country’s coffee market
Published:3/30/2020 2:22:56 PM
[World] Anthony Fauci is a Doctor, Not a Dragon Slayer

Never Trumpers are trying to position him as the next head of the Resistance. That can only end badly.

The post Anthony Fauci is a Doctor, Not a Dragon Slayer appeared first on The American Conservative.

Published:3/30/2020 12:22:25 PM
[World] Outside the Box: America’s highly paid CEOs should give their 2020 salary and stock compensation to the coronavirus fight Millions of dollars could go to U.S. workers, cities and towns if corporate leaders do their part.
Published:3/30/2020 7:22:34 AM
[World] The Ratings Game: Lululemon will be in a better position post-coronavirus thanks to its strong balance sheet and online strategy, analysts say Analysts say Lululemon will come out of the coronavirus pandemic in a better position thanks to a few factors.
Published:3/30/2020 6:22:35 AM
[World] Fire Kennedy Center chief who sacked the National Symphony after getting $25M in virus relief

Kennedy Center President Deborah Rutter has pulled a surprise attack on the National Symphony Orchestra's 96 musicians.

She gave them a one-week notice. After April 3, the musicians won't see a paycheck till the Wuhan virus emergency ends and the Kennedy Center reopens for business.

Musicians' health benefits will go ... Published:3/30/2020 5:23:28 AM

[World] Coronavirus quarantine shows value of spending more time with your family

Back when America was marked by cottage industries, people worked in their homes or on their land, coordinating with neighbors to produce goods and services.

Fathers passed down trades to their children, and mothers often taught school lessons and cooked from "scratch." Families had two or three meals together nearly ... Published:3/29/2020 10:19:56 PM

[World] TAC Bookshelf: Rediscovering the Classics Under Quarantine

Here's what our writers and editors are reading this week.

The post TAC Bookshelf: Rediscovering the Classics Under Quarantine appeared first on The American Conservative.

Published:3/29/2020 9:49:05 PM
[World] Has Biden’s COVID-Era Campaign Gone Cold?

The famously hands-on pol now has to compete at a distance, while the President stands astride the ship of state.

The post Has Biden’s COVID-Era Campaign Gone Cold? appeared first on The American Conservative.

Published:3/29/2020 8:19:01 PM
[World] Market Snapshot: U.S. stock-index futures slump as investors keep focus on coronavirus numbers Stock-index futures fall Sunday, pointing to a lower start for Wall Street on Monday, as the number of coronavirus cases and deaths continues to rise and investors brace for data in the week ahead expected to underline the economic toll of the pandemic.
Published:3/29/2020 6:18:59 PM
[World] President Trump on target with facts and help during the coronavirus crisis

Did Donald Trump blow the coronavirus crisis? My Never Trumper friends keep telling me that he was wrong from the git-go, that he called the disease a “hoax,” that he refused to act quickly, that he failed to follow the science, etc, ad nauseam.

But the president never called the ... Published:3/29/2020 5:19:40 PM

[World] Wayne Gretzky vs. U.S. on coronavirus response

Wayne Gretzky would not be impressed with America's feckless response to the coronavirus.

Wayne Gretzky, the greatest hockey player in history, is reputed to have skated to where the puck was going — not where it was.

The United States government's inept response to the coronavirus epidemic, by contrast, has ... Published:3/29/2020 4:18:12 PM

[World] The Tell: Examining the unanswerable question: Dead-cat bounce or a market bottom? On thing’s for certain: Last week’s volatile stock-market action was a dead-cat bounce. Or a clear bottom. Or something in between. Or none of the above.
Published:3/29/2020 4:18:12 PM
[World] Soaring demand for ventilators creates political tension, promises to ramp up manufacturing Ventilators have become one of the most politicized and in-demand medical supplies as the number of COVID-19 cases in the U.S. grows and hospitals prepare for a surge in patients.
Published:3/29/2020 10:49:03 AM
[World] Coronavirus a crisis fit for a new world order

If crisis is a means by which Democrats achieve their political ends — and it is; just think of their famous "never let a crisis go to waste" playbook — then imagine what coronavirus means to the globalists.

What a dizzying opportunity for them to achieve massive goals.

This is ... Published:3/28/2020 8:14:11 PM

[World] Two Orthodox Jewish approaches to the coronavirus

In recent days, a stark distinction between two groups of Orthodox Jews made national news. Rabbi Hershel Schachter, the dean of Yeshiva University’s rabbinical seminary, was unequivocal in stating that religious communal gatherings, such as prayer services and study groups, should be suspended due to the coronavirus threat. 

His guidance ... Published:3/28/2020 4:12:32 PM

[World] How Democrats are wrongly taking advantage of the coronavirus crisis

Don’t look now, but powerful forces are maneuvering to subject our daughters to the draft. It’s part of the ongoing exploitation of the current crisis. More about this below.  

Right now, our home-grown socialists are delighted that Uncle Sugar will be handing out checks to everybody under the sun ... Published:3/28/2020 2:10:26 PM

[World] Key Words: As coronavirus ravages the U.S., media mogul David Geffen observes a sunset from his $400 million superyacht: ‘I’m hoping everybody is staying safe’ If ever there was a doubt about how the uber affluent are faring amid a pandemic for the ages, billionaire David Geffen wants to make it abundantly clear that, for his part, he’s doing just fine — and he wishes us all the best.
Published:3/28/2020 1:40:26 PM
[World] The Ratings Game: Peloton is ‘clearly benefiting from global quarantines,’ new data show With many gyms closed due to the COVID-19 pandemic, people are increasingly turning to at-home exercise and that seems to be helping Peloton Interactive Inc. raise its profile.
Published:3/28/2020 9:09:55 AM
[World] The Tell: These two factors may be driving the stock market’s double-digit gains this week, says JP Morgan strategist One strategist at JP Morgan says this week’s U.S. stock market rally may be less driven by economic and political fundamentals than market pundits would allow.
Published:3/28/2020 8:44:02 AM
[World] Dispatches from a Pandemic: Everything is insane. Everything is normal – How to cope with all this dizzying news while still sheltering in place The horrors inflicted by the coronavirus are a slow-burn story. Like disgraced politicians, we’ve all resigned to spend more time with our families. And for most of us there is nothing to do but wait for things to inevitably get much worse before they get better.
Published:3/28/2020 7:45:58 AM
[World] Why Didn’t We Test Our Trade’s ‘Antifragility’ Before COVID-19?

Deliberately shocking the system under normal conditions would have been key to surviving the crisis. Here's how.

The post Why Didn’t We Test Our Trade’s ‘Antifragility’ Before COVID-19? appeared first on The American Conservative.

Published:3/27/2020 8:37:10 PM
[World] What to Watch This Weekend: Our Top Binge Picks for March 28-29 What To Watch This WeekendAlready running low on things to watch as you continue social distancing? Don't worry, we're here to help! As we work on making permanent indents on our couches as we stay inside,...
Published:3/27/2020 7:13:03 PM
[World] Outside the Box: Why index investing still rules — even during a pandemic-fueled market meltdown Burt Malkiel foresaw the triumph of indexing — even in crazy markets
Published:3/27/2020 5:11:57 PM
[World] Key Words: Trump slams GM, says auto maker should start making ventilators ‘NOW!!!!!!’ General Motors Co. got sideswiped by a series of tweets from President Donald Trump, who criticized the auto maker for not providing the ventilators that it said it would.
Published:3/27/2020 3:10:55 PM
[World] The Moneyist: ‘These dogs have been kissed and cuddled by their owners.’ Are pet stylists deemed ‘essential services’ under lockdown rules? ‘We have no masks or gloves, and are required by the job to spend 15 to 20 minutes at a time interacting face-to-face with each client.’
Published:3/27/2020 1:05:29 PM
[World] Taiwan rises to coronavirus challenge despite Beijing's hostility

If you're looking for a silver lining in the dark cloud that is the COVID-19 outbreak, you might want to consider Taiwan's extraordinary response to this increasingly dangerous pandemic.

Taiwan's highly urbanized population of 24 million citizens live about 80 miles from mainland China. Some 1.25 million Taiwanese citizens either ... Published:3/27/2020 12:34:35 PM

[World] Why I’m Nominating a Hong Kong Freedom Fighter for the Nobel

As the China-originated coronavirus reminds us, truth and democracy must always prevail over lies and authoritarianism.

The post Why I’m Nominating a Hong Kong Freedom Fighter for the Nobel appeared first on The American Conservative.

Published:3/27/2020 12:34:34 PM
[World] Sorry AOC, COVID-19 is Not an Excuse for Economic Revolution

Progressives want is budget-busting structural change, but the stimulus is a temporary measure to keep the economy afloat.

The post Sorry AOC, COVID-19 is Not an Excuse for Economic Revolution appeared first on The American Conservative.

Published:3/26/2020 5:18:23 PM
[World] Public policy panic about the COVID-19 pandemic not supported by the facts

Politicians and medical experts assert that: 1) COVID-19 is lethal to many beyond those that typically succumb to pneumonia in flu season (typically up to 60,000 in the United States annually; and 2) COVID-19 is still slowly spreading in major industrialized countries, implying there is still some potential benefit to ... Published:3/26/2020 5:18:23 PM

[World] Rejoicing Over the Fall of the Houston Astros’ Cheating Architect

Jeff Luhnow was a McKinsey Man who did whatever he could to rob baseball of its joy. Thank goodness he's gone.

The post Rejoicing Over the Fall of the Houston Astros’ Cheating Architect appeared first on The American Conservative.

Published:3/25/2020 12:22:35 PM
[World] Donald Trump appoints Lora Shiao, Clare Linkins to lead U.S. counterterrorism efforts

On Monday, something very important happened for the country relevant to national security in general and certainly the impact of the origination of COVID-19, the disease caused by the novel coronavirus. Acting Director of National Intelligence Richard Grenell made a historic choice and named a woman, Lora Shiao, a widely ... Published:3/25/2020 4:51:39 AM

[World] MarketWatch First Take: Are any tech companies immune to the economic damage from coronavirus? Now that social media companies, once the darlings of Wall Street, are confirming lower ad revenue due to COVID-19, investors are wondering if any companies in tech are immune from the pandemic’s economic damage
Published:3/24/2020 10:18:14 PM
[World] The Tell: A day of reckoning nears for the stock market if a coronavirus rescue deal isn’t sealed before a Thursday labor report, says BTIG analysts The stakes are extremely high for a coronavirus fiscal stimulus bill to be passed soon by congress, according to BTIG analyst, Julian Emanuel and Michael Chu in a late Tuesday research report.
Published:3/24/2020 9:48:25 PM
[World] Americans try to keep sense of humor in face of coronavirus pandemic

It's called "gallows humor," defined by as "grim and ironic humor in a desperate or hopeless situation."

Like the kind of joke a guy might say with a rope around his neck back in the Wild West: "Man, I hate Mondays."

Human beings, when faced with those desperate situations, ... Published:3/24/2020 9:48:25 PM

[World] With Coronavirus Comes the Hobbesian Leviathan

As public health becomes the highest priority, big government steps into the chaos.

The post With Coronavirus Comes the Hobbesian Leviathan appeared first on The American Conservative.

Published:3/24/2020 9:48:25 PM
[World] Sacrifice the old to help the economy? Texas official's remark prompts backlash

Lt. Gov. Dan Patrick drew sharp retorts. 'No one should be talking about social Darwinism for the sake of the stock market,' New York's governor said.

Published:3/24/2020 5:19:11 PM
[World] Joe Biden's eroding Democratic liberal base problem

Avoiding Bernie Sanders’ nomination does not mean Democrats have avoided November base erosion. Until Super Tuesday, Democrats’ mounting concern had been that Mr. Sanders would drive away moderates and independents from the ticket. Now with the establishment Biden on track to nomination, Democrats can begin worrying that he could depress ... Published:3/24/2020 4:46:43 PM

[World] Congress' lack of action during COVID-19 pandemic threatens another Great Depression

The global economy is again in the grip of a financial crisis and economic contraction of unknown depth and duration.

In 2008, reckless behavior in financial markets — subprime mortgage lending — undid the real economy, whereas this time the equivalent of a natural disaster is panicking investors and businesses.

Published:3/24/2020 1:45:35 PM
[World] Bond Report: Treasury yields come off lows as surge in Italy coronavirus cases buoys havens U.S. Treasury yields came off their lows on Tuesday as a rise in the total deaths from the COVID-19 disease in Italy struck a blow against hopes that one of the worst-hit European economies was recovering from the pandemic, while in Washington Congress was still debating a fiscal stimulus bill.
Published:3/24/2020 1:45:35 PM
[World] The New York Post: ‘You pick the 26,000 people who are going to die’: New York’s Cuomo, in plea to Trump White House for ventilators The governor accused President Trump, Health and Human Services Secretary Alex Azar and the Federal Emergency Management Agency of largely leaving New York to fend for itself.
Published:3/24/2020 12:50:20 PM
[World] Italy’s Health Care is in Triage, as the EU Sits on Its Hands

A journalist from Langosco is not optimistic: “Unfortunately, there are still people who don’t stay home."

The post Italy’s Health Care is in Triage, as the EU Sits on Its Hands appeared first on The American Conservative.

Published:3/24/2020 12:15:29 PM
[World] In One Chart: Why ‘no one will regret buying stocks’ at the lowest prices in years Now that’s a bounce. A well-timed bounce, for one longtime trader.
Published:3/24/2020 11:15:29 AM
[World] Economic Report: U.S. businesses dealt severe blow in March from coronavirus and slip toward recession Business in the U.S. posted the biggest contraction in March since the end of the Great Recession owing to massive disruptions caused by the coronavirus, according to an IHS Markit survey.
Published:3/24/2020 10:17:24 AM
[World] As Default Risk Soars, GM Draws Down $16 Billion From Credit Lines, Suspends Guidance As Default Risk Soars, GM Draws Down $16 Billion From Credit Lines, Suspends Guidance

The credit market is pricing the odds of default for General Motors at 49% as the economic collapse triggered by COVID-19 mitigation ripples through almost every industry.

And so, like many other companies, GM is erring on the side of more cash is better and announced today it is drawing down $16 billion from its credit lines and suspending its guidance:

General Motors announced today that it intends to drawdown approximately $16.0 billion from its revolving credit facilities. This is a proactive measure to increase GM's cash position and preserve financial flexibility in light of current uncertainty in global markets resulting from the COVID-19 pandemic. The funds will supplement the company's strong cash position of approximately $15 billion to $16 billion expected at the end of March.

"We are aggressively pursuing austerity measures to preserve cash and are taking necessary steps in this changing and uncertain environment to manage our liquidity, ensure the ongoing viability of our operations and protect our customers and stakeholders," said Mary Barra, GM chairman and CEO.

Over the past several years, we have made necessary, strategic decisions and structural changes that have transformed the company and strengthened the business, better positioning us for downturns."

In addition, GM Financial (GMF) has strong liquidity and capitalization. GMF had $24 billion of liquidity at the end of 2019 and expects to end the first quarter with similar levels of liquidity. Its liquidity level is targeted to support at least six months of cash needs, including new originations, without access to capital markets. GMF is managing below its target leverage ratios. Additional details can be found here.

"GM Financial has prepared for times like this by maintaining a strong financial position and ready access to cash. We are confident that we will be able to navigate the challenges created by this environment without capital from GM," said Dan Berce, GM Financial president and CEO.

GM is also suspending its 2020 guidance due to uncertainty around the business impact of the COVID-19 pandemic.

It would appear The Fed's unlimited money printing (and CP backstop) and the promise of a fiscal bailout were just not enough for GM's management. The question is - will they use the credit line funds to buyback stock, retire debt, or maintain their workforce throygh this interruption?

Tyler Durden Tue, 03/24/2020 - 08:15
Published:3/24/2020 7:16:44 AM
[World] Need to Know: Why a Wall Street strategist says it is ‘dangerous’ for investors to be negative on stocks Our call of the day is from JonesTrading’s chief market strategist Michael O’Rourke, who warns that “while it remains dangerous out there, from a liquidity perspective, it is getting dangerous to be negative on equities at these levels.”
Published:3/24/2020 6:15:58 AM
[World] Churches close during coronavirus outbreak, and America grows dark

The vast majority of people who came to America in her founding days did so to obtain the freedom to worship freely. New Jersey, Pennsylvania, Maryland — they were settled as "plantations of religion." The Pilgrims of Massachusetts were determined to live according to their Puritan ... Published:3/24/2020 4:44:05 AM

[World] If It Saves Even One Life, It's Totally Worth It? As deaths from the Xi Flu mount in the U.S., the media keeps announcing them as if it’s absolutely the end of the world. I have no idea what we’ll be up to by the time this article goes up, but I’d guess probably around 500 or a little under. Published:3/24/2020 12:43:30 AM
[World] Remembering Jon Basil Utley: Our Champion and Yours

The longtime publisher and booster of TAC built a colorful network of friends and allies who shared his unerring devotion to freedom.

The post Remembering Jon Basil Utley: Our Champion and Yours appeared first on The American Conservative.

Published:3/23/2020 9:14:36 PM
[World] Press stunts at briefings show how useless Fourth Estate has become

Every pandemic has a silver lining. In this one we have finally determined without any doubt that regular White House press briefings no longer serve any useful purpose and should never be resumed.

The current gathered press is entirely unworthy of them.

The Fourth Estate has become a useless appendage ... Published:3/23/2020 8:42:48 PM

[World] Why economic freedom is critical to beating the coronavirus pandemic

The debate in the United States over whether to move away from free markets and toward socialism may change dramatically as the latest coronavirus spreads throughout the world. That’s because in the fight against the global pandemic, we’ll likely witness one of the most compelling arguments in our lifetimes emerge ... Published:3/23/2020 4:43:42 PM

[World] BOOK REVIEW: 'The Glass Hotel'

Near the beginning of “The Glass Hotel” Emily St. John Mandel introduces Paul, who is studying finance at the University of Toronto. He’d prefer to study musical composition, but “His mother was unwilling to entertain the idea of an impractical degree, for which after several expensive rounds of rehab he ... Published:3/23/2020 3:41:49 PM

[World] Key Words: A ‘third wave?’ Hong Kong thought it had a handle on the coronavirus pandemic — it doesn’t Hong Kong Chief Executive Carrie Lam says the territory is facing the “most difficult and challenging wave” of the coronavirus pandemic: Surging numbers abroad and returnees bringing the disease back home.
Published:3/23/2020 3:41:48 PM
[World] How much money should be spent to save each life from the coronavirus?

Some government officials, politicians and commentators keep saying words to the effect, “we need to spend whatever it takes to stop the coronavirus deaths.” They, of course, do not literally mean the government should spend an infinite amount of money to save a life — because, if they did, we ... Published:3/23/2020 2:40:00 PM

[World] Zillow and Redfin are pausing home-buying — could the coronavirus pandemic make the iBuyer model more popular? As home sales screech to a halt, home-buying companies will face massive expenses.
Published:3/23/2020 2:40:00 PM
[World] No to Wasteful Coronavirus Stimulus, Yes to Social Insurance

Policymakers and central banks can cushion the crisis's blow, but they must act wisely.

The post No to Wasteful Coronavirus Stimulus, Yes to Social Insurance appeared first on The American Conservative.

Published:3/23/2020 12:13:28 PM
[World] I Have Questions About Our Response to COVID-19 How come the homeless aren’t dying in droves? Published:3/23/2020 11:43:21 AM
[World] With U.S. economy tanking, Democrats push to extend electric vehicle giveaway in stimulus bill

“You never want a serious crisis to go to waste.” Those words, made famous by former White House chief of staff and mayor of Chicago, Rahm Emanuel, appear in the same playbook House Democrats are using in the midst of the coronavirus epidemic that’s grinding the global economy to a ... Published:3/23/2020 10:42:22 AM

[World] Market Extra: How the coronvavirus stock-market rout left Chewy’s founder down $150 million on his Apple bet Ryan Cohen sold Chewy for $3.35 billion and shifted to full-time investing, only to be faced with the fastest bear market in history.
Published:3/23/2020 10:42:19 AM
[World] FA Center: This is a sure way to make costly investing mistakes in the coronavirus crash Constantly following the markets leads to anxiety and self-sabotage, writes Mark Hulbert.
Published:3/23/2020 5:37:49 AM
[World] Health professionals deserve daily thanks, prayers for being our heroes in fight against coronavirus

'Please, Lord, help me get one more. Help me get one more."

This was the prayer of World War II Army medic Pfc. Desmond Doss as he risked his life time and time again to rescue 75 wounded men on the bloody battlefield of Hacksaw Ridge.

Anyone who has seen ... Published:3/22/2020 9:40:09 PM

[World] TAC Bookshelf: James Howard Kunstler’s ‘Long Emergency’

Here's what our writers and editors are reading this week.

The post TAC Bookshelf: James Howard Kunstler’s ‘Long Emergency’ appeared first on The American Conservative.

Published:3/22/2020 8:36:52 PM
[World] Market Snapshot: Dow futures plunge the most allowable as coronavirus slams market, Fed officials warns unemployment could hit 30% U.S. stock-index futures fell by the most allowable Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic.
Published:3/22/2020 6:34:56 PM
[World] United States must fight against any internationally mandated "coronavirus economy'

The United States should pay close attention to developments in Europe, beyond their governments’ response to the COVID-19 virus. Other contagions loom. For example, we now see proof that the retrenchment embodied by the current “coronavirus economy” could become legally mandated, with no recovery permitted but only worsening, in the ... Published:3/22/2020 5:38:56 PM

[World] The Wall Street Journal: Marriott to furlough thousands of corporate employees as payroll-cutting push expands Marriott International Inc. plans to furlough thousands of corporate employees at its headquarters and other cities around the world, the company confirmed to the Wall Street Journal, continuing a massive shrinking of payroll this week.
Published:3/22/2020 2:10:34 PM
[World] Tax Guy: What the Family First coronavirus relief bill means for small-business owners and self-employed people The Families First Coronavirus Response Act requires paid leave for small-business employees affected by coronavirus and includes tax relief for employers.
Published:3/21/2020 10:00:00 PM
[World] Recep Tayyip Erdogan blackmailing Europe by threatening a flood of refugees

Rahm Emmanuel, once former President Obama’s White House chief of staff, is remembered for saying that politicians should never let a serious crisis go to waste. While the European Union is trying to deal with the coronavirus pandemic and the trade effects of Brexit, Turkish President Recep Tayyip Erdogan is ... Published:3/21/2020 3:58:51 PM

[World] BOOK REVIEW: 'Every Drop of Blood'

No U.S. president has been analyzed, researched and written about more than Abraham Lincoln. More than 16,000 books have focused on the 16th occupant of the White House. The number of scholarly articles, editorials, book reviews and columns could easily fill an entire reading room, too.

Yet, little nuggets of ... Published:3/21/2020 3:00:09 PM

[World] These industries will be hardest hit by the coronavirus pandemic — but one sector will likely remain ‘recession-proof’ As the government continues to introduce measures to slow the spread of the virus and promote the best ways to guard against it, some employers may be reluctant to let their staff go just yet.
Published:3/21/2020 1:27:44 PM
[World] The Moneyist: ‘This is such a blatant disregard for the coronavirus advice from the CDC.’ Can my employer force me to go to work?  ‘We still have quite a bit of foot traffic throughout the building.’
Published:3/20/2020 10:23:54 PM
[World] The Great Recession Destroyed My Life. Fear Over the Coronavirus Won’t

But our leaders have to step up and make sure deep-rooted reactions don't turn into something destructive.

The post The Great Recession Destroyed My Life. Fear Over the Coronavirus Won’t appeared first on The American Conservative.

Published:3/20/2020 7:24:14 PM
[World] Liberal media cover up hard left views of Joe Biden and Bernie Sanders to portray them as moderates

Bernie Sanders may have missed his chance to finally head the Democratic ticket, but he still holds considerable clout.

Which is why Joe Biden was busy wooing the Vermont socialist’s supporters this past week. “Senator Sanders and I may disagree on tactics,” he said. “But we share a common vision.”

Published:3/20/2020 4:53:20 PM
[World] Trump Today: Trump calls powers to order coronavirus supplies ‘in gear’ as Pence says more masks on way President Donald Trump on Friday said he is using emergency powers to get medical supplies to those affected by the coronavirus, going a step further than he did earlier this week.
Published:3/20/2020 12:51:18 PM
[World] Prince Harry and Meghan Markle Share Helpful Tips to Combat Loneliness Amid Social Distancing Meghan Markle, Prince HarryPrince Harry and Meghan Markle are here for you in these scary times. The Duke and Duchess of Sussex posted on their Instagram on Friday tips to combat loneliness, as they and millions of...
Published:3/20/2020 12:51:18 PM
[World] Neither Snow Nor Rain Nor Heat Nor…Coronavirus?

The pandemic is putting a real strain on the U.S. postal service, which must balance duty with public health.

The post Neither Snow Nor Rain Nor Heat Nor…Coronavirus? appeared first on The American Conservative.

Published:3/20/2020 12:21:13 PM
[World] Existing-home sales skyrocketed 6.5% in February — but that could soon change because of the coronavirus It was the strongest existing-home sales figure for the month of February since 2007.
Published:3/20/2020 10:22:27 AM
[World] A disaster foretold: Shortages of ventilators and other medical supplies have long been warned about

Shortages of ventilators, masks and other medical supplies have been a persistent weak link in U.S. disaster preparedness. For two decades, expert warnings have largely gone unheeded.

Published:3/20/2020 10:22:27 AM
[World] The Wall Street Journal: Wuhan death rate from coronavirus lower than previously estimated, study finds The death rate from the new coronavirus may have been lower than previously believed in the city in China where it originated, according to a new study, offering a hopeful sign for other parts of the world
Published:3/20/2020 6:27:21 AM
[World] The real lesson of the Chinese pandemic

To paraphrase a former White House chief of staff, "Never let a pandemic go to waste."

Ex-President Obama's top policy enforcer offered his glint of wisdom at the height of the 2008 economic catastrophe that the U.S. is still digging out of today.

"You never want a serious crisis to ... Published:3/19/2020 8:49:03 PM

[World] America: ‘At Home’ With Absurd Consumer Excess

The home goods superstore, often situated in the ruins of old strip malls, is like an algorithmic fever dream.

The post America: ‘At Home’ With Absurd Consumer Excess appeared first on The American Conservative.

Published:3/19/2020 8:49:03 PM
[World] Young people need coronavirus message they can understand

"Stupid is as stupid does," as author Winston Groom's Forrest Grump said.

Witness the spring break throngs that had collegians and young adults romping along the beaches of Florida, Texas and elsewhere this week as if fellow partyers had socially distanced themselves only to text or DM invitations to girls-gone-wild ... Published:3/19/2020 6:46:16 PM

[World] Telemedicine will make us better prepared for the next coronavirus

It’s a lonelier time in America than usual. The coronavirus (COVID-19) has everyone keeping our distance from one another, and more people are entering quarantine every day. It appears we’ve reached the end of handshaking, and many Americans are avoiding human contact at all costs. That’s the smart thing to ... Published:3/19/2020 5:46:12 PM

[World] Trump's mixed messages about coronavirus

As Americans were doing their best to cope with the coronavirus pandemic, President Trump was sending mixed messages this past week.

As the week began, Mr. Trump was telling the country to just “relax” and stop its panic buying at grocery stores and other businesses. “We’re doing great. It will ... Published:3/19/2020 2:47:13 PM

[World] Bond Report: Treasury yields slide as central bank bond-buying works its way into market U.S. Treasury yields fall sharply Thursday as investors say asset purchases from the Federal Reserve and other global central banks help to stabilize government bond markets that have been rocked by selling in the last few days.
Published:3/19/2020 2:47:13 PM
[World] The Margin: Take your mind off of the coronavirus for few minutes with these feel-good videos, memes and threads Such viral content has become an important part of self care, mental health experts say.
Published:3/19/2020 2:17:38 PM
[World] Americans are at their best in times of crisis

On the morning of Sept. 11, 2001, both of my sons were eating breakfast before heading to their elementary school when my wife called from work. She told me to go to the living room and turn on the television. To my disbelief, I watched images of another plane crashing ... Published:3/19/2020 12:46:17 PM

[World] America Needs Stronger Political Parties

Party bosses used to stabilize primaries and keep hyperpartisanship at bay. No longer.

The post America Needs Stronger Political Parties appeared first on The American Conservative.

Published:3/19/2020 12:14:41 PM
[World] The Ratings Game: Walmart stock wins second upgrade of the week as shoppers flock to grocers amid coronavirus Shoppers are eating at home more due to the coronavirus pandemic, and they’re buying more items from grocers like Walmart.
Published:3/19/2020 11:16:13 AM
[World] Capitol Report: Coronavirus stimulus package could pass Congress next week, analysts say As Republican and Democratic lawmakers and the Trump administration work on measures that could stimulate the U.S. economy and help workers, analysts say a big stimulus package could pass Congress next week.
Published:3/19/2020 10:45:13 AM
[World] Coronavirus update: 222,642 cases, 9,115 deaths, GE Healthcare to boost manufacturing of ventilators The U.S. response at home to the COVID-19 pandemic is broadening, with more states and cities shutting down restaurants and gathering spots and a federal response package signed into law.
Published:3/19/2020 9:46:22 AM
[World] Spike in jobless claims due to corornavirus provides dramatic evidence that economy is stalling

First-time jobless claims for the week ending Saturday jumped by 70,000, or about one-third, from just the prior week.

Published:3/19/2020 8:15:51 AM
[World] Memo to Congress: Don’t send checks! Let banks quickly compensate businesses so they’ll hang onto workers, says JPMorgan economist JP Morgan Chase economist Jim Glassman has an idea he thinks is a better stimulus plan than sending checks to workers
Published:3/19/2020 6:46:41 AM
[World] Boeing bailout because of coronavirus? Gimme a break

Airlines, suffering from lack of passengers due to coronavirus fears, say they need a bailout — that they deserve a bailout, are worthy of a bailout because, by gosh, they're the airlines and they bring people here, and carry people there, and shuttle VIPs and freight and products here and ... Published:3/19/2020 4:43:03 AM

[World] We May Never Be the Same Once This Virus is Through With Us

The Great Mississippi Flood of '27 and the Depression led to a massive political realignment in America. This could too.

The post We May Never Be the Same Once This Virus is Through With Us appeared first on The American Conservative.

Published:3/18/2020 9:12:28 PM
[World] It's the virus, stupid -- not the economy

Forget that President Trump brought us record-low unemployment and a growing economy.

It's over. Gone.

The Donald's re-election now depends completely on earning an "A" for Wuhan-virus leadership.

He says our great economy will be back in a flash, and the virus emergency may be over by August. But the ... Published:3/18/2020 8:44:24 PM

[World] Will Trump Defuse the Coming Debt Deflation Bomb?

Trillions of dollars in global debt could default, and the economic cleanup from COVID-19 could take many years.

The post Will Trump Defuse the Coming Debt Deflation Bomb? appeared first on The American Conservative.

Published:3/18/2020 8:44:24 PM
[World] Market Extra: Why a ‘disorderly’ U.S. dollar surge is being blamed for amplifying the stock-market selloff and global market volatility The U.S. dollar continues to soar against practically everything as liquidity starved investors around the world scramble for greenbacks. That’s not helping.
Published:3/18/2020 7:11:15 PM
[World] Saving the world's international organizations

Over the years, many observers have become disenchanted with the United Nations. Setting up international organizations to bring countries together for discussing and dealing with common concerns is an intuitively good idea. Unfortunately, like an unsupervised kindergarten class, the U.N. and many other international organizations have gotten off track.

What ... Published:3/18/2020 5:39:45 PM

[World] Taiwan successfully managing COVID-19 outbreak

Well done to Taiwan for its response so far to the coronavirus outbreak — so too Hong Kong and Singapore. Taiwan has even managed to cope despite not being a member of the World Health Organization (WHO). 

It was refused entry as China does not want it to be recognized ... Published:3/18/2020 2:40:09 PM

[World] Outside the Box: Any corporate bailouts should wipe out shareholders first We are being told that we must give billions of dollars to big companies or the world will end. It’s not so.
Published:3/18/2020 2:40:09 PM
[World] The mysterious rise, fall and rise of gaffe-prone Joe Biden

For most of early 2019, Democratic presidential candidate Joe Biden — the declared custodian of liberalism who would continue the Obama glory years — seemed unstoppable.

He led all other rivals for months. Mr. Biden seemed above the fray. Many Democrats saw the pre-debate and pre-election race for the nomination ... Published:3/18/2020 1:41:02 PM

[World] Market Snapshot: Dow down 10% after stocks trip circuit-breaker as investors gauge government response to coronavirus U.S. stocks are extending sharp losses on Wednesday afternoon, as investors grapple with a flood of plans by governments to limit the economic blow of the COVID-19 outbreak and debate whether the measures will be enough to limit the economic fallout.
Published:3/18/2020 1:41:02 PM
[World] Trump Today: Trump invokes Defense Production Act in fight against coronavirus President Donald Trump on Wednesday said he’s invoking the Defense Production Act, which authorizes commanders-in-chief to force industries to produce goods, in a fresh effort to fight the coronavirus.
Published:3/18/2020 12:38:47 PM
[World] The Mystery Deepens Over the Pre-Dawn Police Killing of Duncan Lemp

Cops are giving curiously muddled messages as to why this 21-year-old Marylander was shot while he was sleeping.

The post The Mystery Deepens Over the Pre-Dawn Police Killing of Duncan Lemp appeared first on The American Conservative.

Published:3/18/2020 12:07:57 PM
[World] Coronavirus can survive up to 3 hours in aerosols and up to 3 days on some surfaces, peer-reviewed study finds COVID-19 is most similar to the SARS virus, but that doesn’t explain why it has become a much larger outbreak, The New England Journal of Medicine study concluded.
Published:3/18/2020 11:43:57 AM
[World] Your Digital Self: Wildly popular coronavirus-tracker app helps South Koreans steer clear of outbreak areas Also, Apple and Alphabet make changes to apps to prevent misinformation.
Published:3/18/2020 8:40:32 AM
[World] Column: Joe Biden could learn from Ronald Reagan

What should Joe Biden do now? Three things: be presidential, reach out to Bernie Sanders' supporters, and campaign the way Reagan did.

Published:3/18/2020 6:07:51 AM
[World] General News: Here’s one analyst’s take on the coronavirus drugs for today and the future Analysts at Bernstein Research in a comprehensive note discussed what approaches are worth keeping an eye on.
Published:3/18/2020 5:36:41 AM
[World] Lessons from the coronavirus pandemic

To say the last few weeks have been surreal would be an understatement. In January, the Democratic Party was having hearings in the House of Representatives on the impeachment of President Trump. That same month, as the bureaucratic establishment was wasting our time with dumb partisan politics, a deadly virus ... Published:3/18/2020 4:36:45 AM

[World] The Coronavirus, Ants, and Our Hard Right-Wing Reality

As the death toll climbs, we're reminded again why walls matter and why the grasshopper, in the end, died.

The post The Coronavirus, Ants, and Our Hard Right-Wing Reality appeared first on The American Conservative.

Published:3/17/2020 8:34:01 PM
[World] When We Need It Most, ‘Losing Our Religion’ Means Less Giving

Americans who attend church are more likely to donate to charity than anyone else--but fewer people are regularly going.

The post When We Need It Most, ‘Losing Our Religion’ Means Less Giving appeared first on The American Conservative.

Published:3/17/2020 8:07:27 PM
[World] COVID-19 in the U.S.: Doomsday numbers just don't add up

Last week, when people in America used to leave their homes (remember that?), I was finishing up a big household project and stopped off at Lowe's (every project I do requires at least 17 trips to the hardware store).

I walked in, wearing some scuzzy jeans and a paint-splotched CNN ... Published:3/17/2020 7:33:32 PM

[World] It's the Corona Tuesday Primary Drunkblog Americans have a real talent for throwing crazy elections, but add a little pandemic to the mix and mere craziness turns to chaos. As I've been out and about the last few days, taking care of chores and errands before everything gets locked down, I've noticed just how crazy Americans aren't in the face of possible COVID-19 infection. But don't tell that to the governor of Ohio, Mike DeWine (R-Panic! at the Disco), who overruled Judge Richard Frye in order to postpone today's primary until June. Maybe it's the right move, although PJMedia's own Ohio native Paula Bolyard isn't sure if it's actually legal. Florida is being Florida. We went from hanging chads in 2000 to hangin' with Chad in 2020 -- enough poll workers have decided to sit this one out that it's becoming a problem. Things are so bad in Illinois that local Democrats aren't sure which ballot boxes are safe to stuff. So far, so good in Arizona, but keeping voters at a safe distance from one another is slowing everything down. Still, lots of delegates are up for grabs tonight, and in conditions like these, maybe only the most dedicated voters will bother to show up. As always, the drunkblog begins (directly underneath the returns widget) in five... four... three... Published:3/17/2020 6:04:07 PM
[World] Joe Biden and Bernie Sanders can only promise huge tax increases and a path to recession

Joe Biden has made it clear: The first thing he would do if elected president is “repeal those Trump tax cuts.” Bernie is even worse: Repeal the tax reform legislation and impose a wealth tax. America would say goodbye for good to President Trump’s blue-collar boom.

In the new coronavirus ... Published:3/17/2020 4:33:28 PM

[World] The Margin: Tom Hanks’ son shares good news about his dad — he also has a pointed message for toilet-paper hoarders Chet Hanks, this time fully dressed, has some great news about his dad.
Published:3/17/2020 3:33:40 PM
[World] ‘I use a lot of Febreze to mask the stench of Lysol:’ California Lyft driver can't afford NOT to work during coronavirus outbreak Edan Alva gets no sick days, no vacation days and a health-insurance plan that offers a $100 co-pay and an $8,000 deductible.
Published:3/17/2020 1:32:53 PM
[World] Deep Dive: Bank stocks look like bargains and their dividends are safe, these analysts say Many of the stocks have fallen well below book value yet the industry is well-capitalized.
Published:3/17/2020 12:32:41 PM
[World] Surprise! The Army is Now Using ISIS as an Excuse to Stay in Africa

The Pentagon makes one sane proposal to shift troops off the continent and the brass roils with resistance.

The post Surprise! The Army is Now Using ISIS as an Excuse to Stay in Africa appeared first on The American Conservative.

Published:3/17/2020 12:02:22 PM
[World] NewsWatch: Top forecaster who exited stocks weeks ago predicts ‘rolling bear markets’ until 2022 Our call of the day comes from a forecaster who escaped this bear market by exiting 90% of stocks before the virus started to grip the world, and he sees more bear markets ahead.
Published:3/17/2020 8:01:43 AM
[World] America, with coronavirus, gets a taste of socialism

Socialism-loving millennials, look and take note: The clearing of store shelves, the closing of retail, the shuttering of restaurants and nightclubs and bars — these are the outcomes of mass response to the global pandemic called coronavirus.

But they're also what befalls when socialism takes over.

The current store runs ... Published:3/17/2020 4:32:45 AM

[World] Localities shouldn't have to wait for federal authority during coronavirus pandemic

States and localities have considerable DIY authority — and well they should, especially during the COVID-19 pandemic.

If your local schools need textbooks, they shouldn't wait to get permission from state or federal bureaucrats.

Ditto toilet paper, which is being hoarded during this COVID-19 scare.

Just imagine your children heading ... Published:3/16/2020 9:34:50 PM

[World] Joe Biden, Bernie Sanders are 'Grumpy Old Men' Part Two

The Democrats' nomination horror flick "Weekend at Bernie's" has turned into an even dumber horror movie: "Grumpy Old Men."

Watching Joe Biden and Bernie Sanders slug it out Sunday night — elbow-bumping from six feet apart in a social-distancing TV studio — was beyond bizarre. Perhaps it was a perfect ... Published:3/16/2020 8:28:22 PM

[World] Russia Strikes Back Where It Hurts: American Oil

Amid mounting sanctions aimed at crippling Moscow's economy, Putin seems resolved to do the same to Trump's re-election.

The post Russia Strikes Back Where It Hurts: American Oil appeared first on The American Conservative.

Published:3/16/2020 8:28:22 PM
[World] Capitol Report: Senate seen passing coronavirus bill around midweek, as lawmakers also work on more aid The Republican-led Senate appears on track to pass a bipartisan coronavirus bill around the middle of the week. Lawmakers also are working on other measures to aid Americans, small businesses and other sectors of the economy.
Published:3/16/2020 4:56:49 PM
[World] Why this year's 'recession' will be nothing like the Great Recession of 2009

If you run a small business, then you don’t need anyone explaining how the coronavirus is affecting you. You’re well aware that the closures, quarantines and restrictions in your community and worldwide are either severely impacting your operations (or will be). You know that this will cause a significant decrease ... Published:3/16/2020 3:27:19 PM

[World] Part of Impossible Foods’ $500 million in fresh funding will help it ‘weather the current macroeconomic volatility’ related to coronavirus Impossible Foods has secured $500 million in funding — including what it calls for unpredictable stresses to “weather the current macroeconomic volatility related” to COVID-19.
Published:3/16/2020 3:27:19 PM
[World] Is this panic over coronavirus justified, or not?

A friend tweeted from Ireland (in time for St. Patrick’s Day), blaming President Trump for the major decline in the value of stocks. This same friend credited Barack Obama’s economic policies when the Dow Jones Industrial Averages approached 30,000.

This — and more — is part of our political, economic ... Published:3/16/2020 2:29:35 PM

[World] Airlines’ ‘free fall’ brings talk of bankruptcies With COVID-19 spurring more U.S. airlines capacity cuts, Wall Street is drawing comparisons with the post-Sept. 11, 2001 downfall and even predicting bankruptcies .
Published:3/16/2020 12:30:50 PM
[World] Vin Diesel: Populist Action Hero in an Unmanly World

The popularity of his 'Fast & Furious' franchise reflects how masculinity has managed to thrive in Hollywood.

The post Vin Diesel: Populist Action Hero in an Unmanly World appeared first on The American Conservative.

Published:3/16/2020 12:30:50 PM
[World] Biden: "No new fracking" Published:3/16/2020 11:26:54 AM
[World] Inside Blue Ivy Carter's Insanely Fabulous Life Beyonce, Blue IvyThink back to how you rang in the new year back when you were in elementary school. Probably some variation of sparkling grape juice, those crinkly headbands that dig into your scalp after roughly...
Published:3/16/2020 8:28:33 AM
[World] Travelex owner Finablr halted as company reveals $100 million in checks used to finance third-party borrowing It’s been a perfect storm of problems for Finablr, the U.K.-listed owner of currency exchange provider Travelex.
Published:3/16/2020 7:56:13 AM
[World] Should I Get Out of the Military?

A reformed Army officer's exchange with a disillusioned active duty soul in need turns thoughtful.

The post Should I Get Out of the Military? appeared first on The American Conservative.

Published:3/15/2020 9:21:35 PM
[World] Market Extra: Stock-market futures sink after emergency Fed rate cut — ‘if this doesn’t work, what will?’ U.S. stock-index futures tank, Treasury futures rally and oil sells off after the Federal Reserve on Sunday delivers an emergency rate cut in an effort to cushion the economy from the effects of global coronavirus pandemic.
Published:3/15/2020 8:23:01 PM
[World] Grumpy Old White Men: Drunkblogging the Democratic Diversity Debate How's that whole party of youth and diversity thing working out for you? And then there were two: Grumpy and grumpier, white and whiter, rich and richer. Well, three actually, since Tulsi Gabbard is technically still in the race. But having changed the rules once to exclude her, the DNC can't very well just change them again to let her in. That kind of thing is reserved for old rich white men like Mike Bloomberg, who is not still in the race -- technically or otherwise -- despite the DNC's rule-breaking efforts to make a contender out of him. Speaking of diversity, tonight's moderators will be Dana Bash, Jake Tapper, Ilia Calderón, who run the gamut from drearily progressive to shopworn progressive. With Calderón as one of the moderators, I'm hoping the candidates get a chance to try out their campaign trail Spanish. Or in Biden's case, his English. To help the DNC push, pull, or tow Biden across the finish line, tonight's debate format -- over objections from the Sanders campaign -- has been changed to favor the slow and the sleepy. The candidates will be seated, and (due to the coronavirus) there will be no live audience. There will be a live drunkblogger, but I'm wondering if I shouldn't make that first drink an Irish coffee to make up for the lack of energy you can be sure we'll see on the stage tonight. Once again, the Powers That Be are offering a special one-time promo code to drunkblog fans wanting to become VIP or VIP Gold members. Membership can get you everything from an ad-free reading experience to members-only columns and podcasts on all six Townhall websites. You can join here, and tonight's doorbuster 15% promo code is Diversity. The drunkblog begins in five... four... three... Published:3/15/2020 7:22:43 PM
[World] The coming coronavirus carnage

"Lisbon is no more, but they dance in Paris," Voltaire wrote after an earthquake in 1755 killed tens of thousands in the Portuguese city.

And so it is today. Rome, Paris and Madrid, at least as we know them, are effectively "no more." Commerce, except for a few essential services, ... Published:3/15/2020 6:22:27 PM

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