Videos of armored military vehicles being transported by train through Southern California concerned people after the governor called on the National Guard in response to the coronavirus. Officials claimed it was only routine movement and that the National Guard has not been officially mobilized.
The Department of Justice (DOJ) is using the COVID-19 outbreak to press for sweeping new powers that include being able to detain Americans indefinitely without a warrant or a trial. [Not to worry. It’s necessary to protect against coronavirus. Right?]
Millions of dollars of produce is rotting due to the closure of restaurants, and is affecting many other businesses. Food shortages could result from this unprecedented strain on supply chains. He concludes that shutdown of the economy will cost more lives than the virus.
The Gun Violence Prevention and Community Safety Act of 2020, proposes all imaginable gun-control regulations, including national gun license, “Red Flag” gun confiscation, a 30% gun tax, an a 50% ammo tax, more no-gun zones, and much more.
The Treasury, financed by the Fed, now is buying securities and backstopping loans, essentially nationalizing large swaths of the financial markets. The Fed announced $1-trillion a day in repurchase agreements (repo loans) and unlimited quantitative easing.