Given the delay in official data during this crisis, I am calculating current unemployment rates using our own independent statistical database and proprietary methods – we use official data wherever possible.
Official data is more delayed than usual. And that in itself is not accurate due to the fact that US agencies are overwhelmed. Thus, I believe in times like this it is worthwhile to have a “real live” estimate for current unemployment and GDP.
FED chairman Powell also spoke this week and addressed unemployment and labor markets. I have made an independent analysis of that and a few other developments consensus is only scratching at the surface.
Unemployment – underreported
Based on our independent estimates US unemployment will reach 22.4% this month of May.
We estimated the real rate already above 18% in April, the US government reported it as slightly above 14%. Meanwhile German unemployment has edged up to 5.8%. See the chart below. The difference between the USA and Germany, Europe’s economic engine, could not be more striking.
Alan Dershowitz: “you have no right to refuse to be vaccinated”!! “I would like to see if a safe vaccine is developed for COVID 19, I hope it’s mandated and I will defend it, and we’ll argue that in the Supreme Court of the United States against your views and you wouldn’t get it” Constitutional Law Scholar and legal lightning rod Alan Dershowitz joins Jason Goodman to discuss the troubling recent attacks on allegedly inalienable rights of U.S. Citizens. Alan talks about mandatory Vaccinations and gives sketchy answers about Jeffery Epstein and Ghislaine Maxwell. “let me put it very clearly, you have no constitutional right to endanger the public and spread the disease even if you disagree, you have no right not to be vaccinated, you have no right not to wear a mask, you have no right to open up your business. And if you refuse to be vaccinated the state has the power to literally take you to a doctor’s office and plunge a needle into your arm. If there’s a disease that will kill you, you have the right to refuse that, but you have no right to refuse to be vaccinated against a contagious disease for public health. The police have the power of the Constitution that gives the state the power to compel that”. Full video can be found here at Crowdsource the Truth 2https://www.youtube.com/watch?v=TUf4h…
“You know it’s a massive job to give this vaccine,” Trump said in an interview broadcast Thursday on Fox Business Network. “Our military is now being mobilized so at the end of the year, we’re going to be able to give it to a lot of people very, very rapidly.”
He said he believes there will be a vaccine by the end of the year and the United States is mobilizing “our military and other forces” on that assumption.
The White House has set a target of having 300 million vaccine doses by the end of 2020. No such vaccine for this pathogen has been approved though a number are under development, and producing and distributing an effective vaccine are seen as key steps to jumpstarting the U.S. economy.
The common theme in conspiracy theories about a New World Order is that a secretive power elite with a globalist agenda is conspiring to eventually rule the world through an authoritarian world government—which will replace sovereign nation-states—and an all-encompassing propaganda whose ideology hails the establishment of the New World Order as the culmination of history’s progress. Many influential historical and contemporary figures have therefore been alleged to be part of a cabal that operates through many front organizations to orchestrate significant political and financial events, ranging from causing systemic crises to pushing through controversial policies, at both national and international levels, as steps in an ongoing plot to achieve world domination.
The UK sent about 50,000 coronavirus samples to the US after “operational issues” meant they could not be processed in British laboratories.
The news comes after testing once again fell below the target of 100,000 a day: in the 24 hours to 9am on Saturday morning only 96,878 tests had been carried out – the seventh day in a row where the target was missed.
Confirming that samples had been sent to the US last week, first reported in the Sunday Telegraph, a Department of Health and Social Care spokesperson said the difficulty had been a technical problem with an automated lab process, which slowed down test processing and created a backlog.
Money has been moving like lava through the economy for almost two months now amid the coronavirus shutdowns resulting in millions of layoffs, which some bank officials like J.P. Morgan’s Bob Michele, say will keep unemployment high for at least a decade.
The bleak prediction comes as the April jobs report, published today, reported that 20.5 million people joined the ranks of the unemployed. If we consider a study done by the Economic Policy Institute, the real figure could be twice larger.
Understanding the origins of coronavirus is vitally important to developing effective treatments and mitigation strategies as well as figuring out how to prevent future pandemics. Many Americans look to the National Institutes of Health and other federal public health agencies for leadership on investigating matters of urgent public health concern. Unfortunately, NIH Director Francis Collins once again appears to be circling the wagons to protect powerful interests rather than the American public. We can and must demand more accountability from government during this perilous time.
The Bayh-Dole Act of 1980 is arguably one of the most influential pieces of legislation to impact the field of intellectual property law in the twentieth century. The Bayh-Dole Act permits a university, small business, or non-profit institution using federal funds for research to produce an invention to retain the title on any patent issued for such inventions. Prior to this act, the government retained ownership of all patents granted using government money. The government also retained the right to license out the inventions to the private sector, which it did non-exclusively.
National Security Study Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests was completed on December 10, 1974 by the United States National Security Council under the direction of Henry Kissinger.
It was adopted as official US policy by US President Gerald Ford in November 1975. It was classified for a while but was obtained by researchers in the early 1990s.
LOS ANGELES — Near downtown Los Angeles, a meat processing plant ramped up production even as it worked to keep frontline employees separated from one another. In Salinas, Calif., a lettuce grower hustled to redirect supply after being forced to plow under unused crops.
In the Bay Area, a food distributor that previously served restaurants started selling produce boxes directly to consumers. Near the Mexico border, a food bank expanded distribution to meet an explosion of need. And in Hollywood, a nonprofit that has served sit-down meals to homeless people for 33 years shifted to takeout.
“We’ve completely had to change what we’re doing,” said Sherry Bonanno, executive director of the Hollywood Food Coalition. “We just keep adapting and adjusting.”
They want you to shut up, obey and do what you’re told.