Friday, July 3, 2020

The Virus Drives the Economics

The reality check is only a COVID-19 va¢¢ine can save the economy:

"After June job gains, still a ‘deep hole,’ and new worries" by Ben Casselman and Nelson D. Schwartz New York Times, July 3, 2020

Employers brought back millions more workers in June as businesses began to reopen across the country, but the recent surge in coronavirus cases is threatening to stall the economic recovery long before it has reached most of the people who lost their jobs.

This article was on the front page lead in the bu$ine$$ $ection.

The gains were broad-based, cutting across industries and demographic groups, but the thaw is far from complete. The monthly jobs data was collected in mid-June, before coronavirus cases began to spike in Arizona, Florida, and several other states. More timely data, also released by the Labor Department on Thursday, showed that 1.4 million Americans filed new claims for state unemployment benefits last week — the 15th straight week that the figure exceeded 1 million — and another 840,000 filed for benefits under the federal Pandemic Unemployment Assistance program.

“Today’s announcement proves that our economy is roaring back,” President Trump exulted to reporters at the White House after the June numbers were released. He later added, ‘‘The crisis is being handled.”

That's his $pin, and I $uppo$e it is what he ha$ to $ay.

Two hours later, Joe Biden offered a darker assessment.

It's an economic football (which just so happens to be the second half of the section) as the ‘‘pandemic is getting worse not better,” and the turn-in leads to this:

The US unemployment rate is expected to stay above its pre-pandemic levels through the end of 2030, according to a 10-year economic report released Thursday by the Congressional Budget Office.

The CBO also comes up later, but who knows anything ten years out (other than the Rockefeller Foundation that predicted the Lock Step response to the $camdemic)?

If accurate, we are looking at a GRAND DEPRESSION the likes of which is unimaginable to current-day Americans. Trump will be dispatched this November and will be more reviled than Hoover in the history books. He didn't Make America Great Again, he Destroyed America.

Of course, he was sabotaged by the Democratic Deep State, but that won't make the history books. Never does.

The agency is predicting that the unemployment rate in the fourth quarter of 2030 will be 4.4 percent, down from 7.6 percent at the end of 2021 and 6.9 percent at the end of 2022. The current level, according to data published Thursday by the Labor Department, is 11.1 percent. Before the spread of the coronavirus pandemic shut down vast swaths of the US economy, unemployment had reached 50-year lows, coming in at 3.5 percent in February.

Yeah, Trump had just breezed through the sham impeachment and was on his way to a cakewalk in November. That was when the COVID card was played, ruining it all. Trump brought it on himself anyway. He never drained the swamp.

Weekly claims increased in Texas, Arizona, and several other states, although they fell in other states that have had a resurgence of the virus. Economists fear that layoffs could accelerate now that states have begun ordering some businesses to close again.

A fait accompli.

Economists warn there is another threat looming: the expiration of government assistance, in particular the enhanced unemployment benefits providing an extra $600 per week to laid-off workers. Without congressional action, those benefits will cease at the end of this month, potentially eliminating a key source of support not just for the workers but for the broader economy as well.

“We’re in a very deep hole, and we just set ourselves back again,” said Diane Swonk, chief economist at the accounting firm Grant Thornton. “It’s difficult to climb out of that hole.”

That woman's got me deep in the hole, but fortunately, the $afety net is making us all wealthier than our wildest dreams.

The H.Wood Group, which operates a dozen bars, restaurants, and nightclubs in the Los Angeles area, had just begun to dig out of that hole when the latest round of shutdown orders hit. The company spent weeks figuring out how to operate safely, installing plexiglass dividers between banquettes, eliminating reusable menus, and adopting policies like temperature checks at the door and mandatory masks.

In June, that work appeared ready to pay off: Two of the company’s restaurants reopened, and three bars were set to reopen this week. Customers, eager to eat out after weeks of lockdown, snapped up reservations.

“The first two nights were a little weird,” as people adjusted to masks, face shields, and temperature checks, said John Terzian, the company’s co-owner, “but after Night 3, I think people settled in, and honestly it felt perfect.”

Then Sunday, Gov. Gavin Newsom ordered Los Angeles bars to shut down; Wednesday, he ordered restaurants to suspend dine-in service as well. Terzian, who had brought back roughly half his 400-person workforce and was on track to bring back the rest, instead had to start telling people they were out of work again. He said he worried that many would leave the industry altogether.

What a $adi$tic f**k is the their governor.

That's the only thing you can call this jerk-job they are doing.

Terzian said many smaller restaurant businesses might not be able to afford to reopen a second time, and while H.Wood is financially stable, he said, he will be slower to reopen next time, lest authorities pull the rug out from under him.

“I think we would be really hesitant,” he said. “Staying shut we understood, but reopening and reshutting is just wrong.”

Then recall that damn governor like you did before. He's a CRIMINAL who should be in jail -- if for nothing other than his #MeToo harassment of women that the pre$$ dutifully ignores.

On the other hand, charges of disorderly conduct are down (if you see something, don't say something if black) and the ring of drunks is less.

Tell you what, we will hit the bars in Massachusetts later in this post, okay?

Economists say stories like Terzian’s drive home a central fact of the crisis: The economy cannot truly begin to recover until the pandemic is under control. Reopening quickly may bring back some jobs, but that rebound will not last if increased activity brings more virus cases.

That flies in the face of the numbers that are being touted with no references to the onerous restrictions and limited capacity we see everywhere as another fetal-cocoon $hutdown is ordered across the land.

At least the dead-cat bounce will kill Trump's chances in November.

“The virus drives the economics,” said Betsey Stevenson, a member of the Council of Economic Advisers under President Barack Obama who is now at the University of Michigan. If cases continue to rise, as health officials warn, “we’re not going to have people going back to work,” she added.

“In fact, we’re going to see more people staying home,” she said.

You won't have a choice, and that's the cretin that whose quote became the title of this post for the obvious reason.

Of course, my first reaction it it was SINCE WHEN?

The problem is that the longer the public health crisis drags on, the more permanent damage is done to the economy. Total employment has grown the past two months because companies have begun recalling temporarily laid-off workers, but layoffs have continued as the economic effects of the pandemic ripple through the economy, reaching businesses and industries that were spared earlier.

By the end of it you will be clamoring for the Great Global Reset that is being rolled out for your con$umption.

If businesses cannot reopen, or can return only at a fraction of their previous sales, many temporary job losses are likely to become permanent. The number of people reporting they had permanently lost their jobs rose in June even as the number of workers on temporary layoff fell sharply for the second consecutive month.

“We’re going on four months now,” said Olugbenga Ajilore, a senior economist at the Center for American Progress, a progressive group. “There’s only so long that these businesses can hold out before it just doesn’t become feasible.”

Thanks for helping to destroy them, Marxi$t.

The rebound in jobs has not been shared equally across groups. The unemployment rate for white workers has fallen more than 4 percentage points over the past two months, to 10.1 percent. For Black workers, the jobless rate has fallen just over 1 point, to 15.4 percent, and the unemployment rate for Black men actually rose in June. Asian workers, too, have seen only small gains. Latinos, hit particularly hard when the pandemic shut down much of the service sector, have had a larger drop in unemployment but their jobless rate remains elevated at 14.5 percent.

They are being paid to protest and riot now as the he pre$$, of course, separates everything into race, gender, what have you, while studiously avoiding cla$$.

You are being played, America!


Time to $ee where the "viru$" is driving the $tock market and prices:

"Stay-at-home orders helped lift several Mass. stocks in the first half of 2020; Online home-furnishings retailer Wayfair has been one of the strongest performers this year" by Jon Chesto Globe Staff, July 2, 2020

We are in a Work From Home World, and Wall Street knows it.

This Che$to guy makes me $ick. F**king Globe's butt-boy for the ruling cla$$ of this crap state.

Just check out some of the top performers among the largest Massachusetts stocks through the first half of 2020.

Sure, No. 1 is obvious: Moderna, the superhero of the moment. Investors, along with most of us, are rooting for the Cambridge biotech to quickly come up with a viable COVID-19 vaccine. Shares in Moderna have more than tripled in value, rising 228 percent during the first six months of 2020, based on these hopes, even as the Standard & Poor’s 500 index fell 4 percent over the same time.

You first, and you can have my dose, too.


"During the 2009 H1N1 flu pandemic, U.S. officials confidently predicted there would be a vaccine in the early autumn, in time to fend off an expected second wave of infections, but the new virus grew poorly in eggs, the substrate used in influenza vaccine production [and] by the time mass amounts of vaccines were ready for distribution, the peak of infection in the country had already passed....." 

You wouldn't want that happening here, even if it already has because it has already been reported weeks ago that the virus had weakened in Europe to the point where scientists won't be able to develop a vaccine but that is all omitted from my pre$$!!

Many other life science companies seem somewhat inoculated against the market’s volatility these days as investors take the long view that the demand for life-saving medical treatments will remain strong, virus or no virus.


I guess the "viru$" only drives certain economics, huh?

Others are "inoculated" against it.

Woah, the $TENCH of FRAUD just hit me full in the face!

The second-best performer out of the state’s 25 biggest companies might come as a bit of a surprise, though. It’s home furnishings retailer Wayfair, which prior to the pandemic had been in retrenchment mode, by cutting hundreds of positions in February, and when the pandemic hit, Wayfair shares initially tumbled along with almost everyone else’s, but then, the Boston-based company started seeing better-than-expected sales as people stuck at home loaded up on furnishings and other supplies via its websites. Wayfair’s sales in April rose 90 percent compared to the same month last year, and the money-losing company even projected it would turn positive by at least one measure of profits this spring.

Do you see all the double-entendre in the insulting terminology this piece of slime uses?

Wayfair’s stock reversed course, and it ended up more than doubling in price (up 119 percent) between the start of the year and the close of the second quarter on Tuesday. The fun didn’t end there: The stock rose another 11 percent on Wednesday to a new record closing price before losing a little ground on Thursday to settle at $214 a share, presumably as investors digested the headlines in the past week and realized the COVID-19 pandemic isn’t ending anytime soon.

That is what is driving the economics of your destruction, of course.

There’s some question how long the shelter-in-place boost will last. Morningstar analyst Jaime Katz wrote in May that she expected the surge in sales to moderate during the coming months, as working from home becomes the norm. Sucharita Kodali, an analyst at Forrester Research, echoed those thoughts, saying she considered the unexpected revenue growth to be a short-term bump because most home-office items are typically a one-time purchase.

Meanwhile, the American people still think things will be returning to normal soon. They have not a clue.

A trio of life science companies followed Wayfair as the next strongest large-cap stocks for the first half of 2020: Abiomed (up 41.6 percent), Vertex (up 32.6 percent), and Alnylam (up 28.6 percent), and after those comes Akamai Technologies (up 24 percent), another “Shelter-in-Place” stock benefiting from the WFH trend. Revenue at the Cambridge-based company grew 9 percent in the first quarter (adjusting for currency exchange rates), beating expectations. Analysts at William Blair & Co. cited a surge in the online traffic handled by the company’s media delivery business — streaming video, games, and news — even with most major live sporting events put on hold.

F**k $ports. I'm never watching them again, and $omeone's agenda $ure is being fulfilled.

Ben Rose, president of Battle Road Research, pointed to another factor: Akamai’s fast-growing cloud-security business, now making up roughly one-third of its revenue. Rose said Akamai offers products that can help protect corporate networks at a time of additional exposure when so many employees are logging in remotely.

Massachusetts has a number of other Shelter-in-Place stocks, companies that enjoyed a surge in market value during the past six months as customers hunkered down at home. They include cell phone antenna host American Tower (up 12.5 percent), as well as mid-sized companies such as Samuel Adams brewer Boston Beer (up 42 percent). BJ’s Wholesale Club (up 64 percent) is still going strong, as most consumers choose grocery shopping over dining out, and iRobot (up 65.7 percent) said it’s cleaning up as consumers pay more attention to tidying their homes. Rose noted that a favorable government decision in April that removed an onerous tariff on iRobot’s China-made products probably helped lift the stock as well.

If you can keep it and haven't missed a mortgage payment. 

Of course, that's not the Globe's crowd.

Time to mow the lawn, right?

As usual, there are no thanks to Trump or even credit for the move. Those are the kind of a$$holes we are dealing with at the Bo$ton Globe.

The hanging-out-at-home thing has its losers, too. Two local companies linked to the travel industry, General Electric (down 38.8 percent) and Tripadvisor (down 37.4 percent), have suffered as considerably fewer people travel by plane or stay in hotels, and shares in office-tower owner Boston Properties plunged 34 percent, despite the company’s insistence that nearly all of its office tenants are keeping up with the rent even as most workers stay at home.

Well, $crew Bo$ton property and forgot Tripadvisor. 

So glad the state brought that lemon known as GE in, too. Thanks for helping pimp $tate and city loot to get 'em, Globe

Executives at those companies must be eager for things to return to normal. Aren’t we all? Everyone wants to emerge from this pandemic sooner rather than later, but being stuck at home has its advantages for some Massachusetts companies — and their investors.

And that is really the cla$$ of people we all serve, isn't it?

Of course, his whole article is how we will never be returning to "normal" and who is going to make out because of it.


Meanwhile, right next to that piece of cow flop was this $tock report:


"Stocks closed broadly higher on Wall Street Thursday as investors welcomed a report showing the US job market continues to climb out of the crater created by the coronavirus pandemic. The S&P 500 rose 0.5 percent, its fourth-straight gain. The index ended the holiday-shortened week with a gain of 4 percent. The Nasdaq composite climbed to another all-time high, aided by more gains in technology companies. Energy companies notched some of the biggest gains as oil prices strengthened on hopes that a recovering economy will mean more demand. The rally wasn’t impervious to worries about the virus outbreak. News that Florida had another sharp increase in confirmed cases helped cut the S&P 500’s early gains by more than half. The bond market also signaled caution, as yields moved broadly lower. Materials stocks in the S&P 500 rose 1.9 percent, the biggest gain among the 11 sectors that make up the index. Vulcan Materials led the pack, adding 4.2 percent. Energy stocks also notched solid gains. Noble Energy jumped 7.8 percent. The energy stocks benefited from hopes that a recovering economy will restore some of the demand for oil that vanished in the spring....."

They are hoping it explodes in the second half of the year.

$eriou$ly, readers, why am I bothering with this $hit?

"Congress eyes more spending as economy continues to struggle" by Jim Tankersley and Emily Cochrane New York Times, July 2, 2020

WASHINGTON — There is a growing recognition across party lines that Congress will need to spend more money, soon, to continue to prop up the US economy during the coronavirus recession, but there is little consensus on what that next aid package will look like and how quickly it will arrive before the end of summer, and there is a sense among Republicans and Democrats that the next bill will spend far less to help people and businesses than the nearly $3 trillion that Congress approved in March in a series of rapid-fire bills.

Those useless f***ing bastards down there!

Btw, they have already left town and returned to their secluded, privately-guarded mansions for the July 4th holiday so don't expect anything soon. 

They will also be taking an August recess, so.....

Some economists say lawmakers are risking further damage to an already fragile recovery by not moving more quickly. Forecasters at the Congressional Budget Office expect the economy to shrink by 5.6 percent this year, a contraction that would be more than twice as large as the one the United States experienced during the Great Recession in 2009.

Federal Reserve officials are worried that a possible “second wave” of the pandemic would further depress economic growth in a way that would be “more severe and protracted” than the current forecast, according to minutes from their most recent meeting published Wednesday.

Shutter the bars!

Virus cases have begun to surge across much of the country. Real-time indicators of shopping patterns and business openings suggest that a once-brisk economic rebound stalled in June as the virus began spreading more rapidly in Texas, Florida, and other states. Even the most encouraging signs of recovery — such as the report Thursday that the economy added 4.8 million jobs in June — underscore how far the recovery still has to get back to what was normal before the virus: Nearly 18 million Americans remain unemployed.

Quit dangling normal in front of us, you disingenuous liars.

Lobbyists and lawmakers say the Trump administration, which has lost several economic advisers in recent weeks, is not deeply engaged in devising another rescue package. Officials have hinted for weeks that they would formally propose tax cuts, infrastructure spending, and other initiatives, but they have not followed through. President Trump has asserted that the economy is rebounding but has expressed support for additional tax cuts and government spending.

Pretty much describes his entire presidency at this point, and that's when the paper stopped payment.

“Today’s announcement proves our economy is coming roaring back,” he said Thursday after the jobs report. “It’s coming back extremely strong.”

Treasury Secretary Steven Mnuchin, appearing with Trump, said: “Our work is not done. Our work won’t be done until every single American that lost their job due to COVID is back to work.”

Even if those jobs never come back, which will be in the millions.

This is all political posturing by $cumbags!

Senators are expected to leave Washington on Thursday after making only incremental progress toward an agreement to extend further relief to businesses and laid-off workers who are about to lose or have already exhausted federal assistance. Congress this week unanimously agreed to extend an aid program for small businesses through August, a move that small business groups called a good but insufficient step to help prevent bankruptcies, but the Senate’s Republican majority rejected a Democratic attempt to extend supplemental benefits for the unemployed until the economy has more fully recovered.

“I don’t understand how a senator can go home and not have delivered supercharged unemployment along the lines we’re talking about,” said Senator Ron Wyden, Democrat of Oregon, who introduced legislation Wednesday that would allow expanded unemployment benefits to continue as long as the economy was weak, but as is their tendency just before funding and programs are set to expire, several lawmakers expressed optimism that Senate Republicans could rapidly reconcile their divisions and deficit fears with the $3 trillion measure that House Democrats approved in May.

That would be for more than ten years, and how long until that printing pre$$ starts smoking from use?

Senator Mitch McConnell of Kentucky, the majority leader, told reporters Tuesday that the focus of any legislation taken up in the Senate would be “kids, jobs, and health care” as well as liability protections for hospitals, doctors, nurses, businesses, colleges, and universities.

Senator Roy Blunt, Republican of Missouri, said he had asked lawmakers and staff on the committee responsible for overseeing health, education, and labor spending to begin compiling a package that “will ensure we have more testing, that we continue to work on therapeutics, and we have the money we need to move forward with a vaccine.”

A bipartisan group of lawmakers is also homing in on a deal to revamp the government’s efforts to help small businesses, likely including at least a partial shift from offering what were essentially grants to companies that kept workers on their payrolls to offering low- or no-interest, long-term loans.

They will be trucking it to you as soon as possible.

Other issues are much further from resolution, including whether to extend, possibly with modifications, the $600-a-week supplemental unemployment benefit that was passed in March and expires at the end of July. Top Republicans are also pushing to grant some form of immunity from lawsuits to companies, schools, and businesses that reopen or have remained open while the virus continues to spread, and lawmakers will need to decide how much, if any, money to send to struggling state and local governments that have already begun laying off employees as tax revenue plummets.

I'm sorry, but I have no sympathy for the government employees who thought they were protected because they work for the good guys.

Of course, we know that will inoculate all corporations (individual businesses will soon no longer exist, and this thing is starting to stink of corporate Communi$m) for all time, just as the vaccine makers have immunity for the poisons they push.

Some conservatives continue to push congressional leaders and Trump to resist any additional government spending. Many economists disagree, saying further aid is needed to support the economy through what could be a long and slow recovery.

Federal spending has been “very important” to preventing an even steeper economic nosedive, said Aneta Markowska, chief economist at the investment bank Jefferies, but it is at risk of running out long before the economy is ready to stand on its own.

“The stimulus was very short-lived,” she said. “This problem is going to persist long beyond July.”

And thus will end the Trump presidency.


Also see:

Rate for 30-year loan at historic low

Who can afford to borrow?

US trade gap rises again

Even after we were shutdown?

Tesla delivered more cars in second quarter than first

Who is buying them?


"Fiat Chrysler issued a stern warning to employees after workers at two of its US plants stopped production last week over concern management wasn’t properly handling coronavirus risks. “Unauthorized work stoppages in our facilities create both disruption, and, potentially, safety concerns, and therefore cannot be tolerated,” Mike Resha, Fiat Chrysler’s head of North American manufacturing, wrote in a June 28 letter. Employees found to have instigated unapproved shutdowns will face disciplinary action, and stoppages “will result in zero pay,” he wrote. Fiat Chrysler’s threat following production pauses at key Jeep and Ram pickup factories shows tensions are still simmering at Detroit automakers, six weeks after they called workers back to the assembly line. While the companies are eager to restore pre-lockdown production to restock dealerships seeing recovering demand, employees are concerned about exposing themselves to COVID-19 in workplaces where social distancing can be difficult."

The are slamming the brakes on Trump's reelection.

"Wells Fargo & Co. is pulling back from student lending as the US surge in coronavirus cases threatens to further disrupt higher education and the broader US economy. The firm, which has been reviewing businesses under new chief executive Charlie Scharf, said student loans for the upcoming academic year will be granted only to people who submitted applications before July 1 or to customers who already have an outstanding balance on a prior student loan from the bank. The pandemic is disrupting academic programs and undermining the ability of many borrowers to repay as it halts commerce and costs tens of millions of Americans their jobs. Already, more than 40 million student-loan accounts were in deferment as of mid-June, according to Equifax."

Meanwhile, the city of Bo$ton wants you kids to go to summer school after they tossed you out of class for no good reason this past spring.

So what could po$$ibly be driving this?

"Baker says Phase 3 of reopening will begin on Monday, except in Boston" by Tim Logan, Matt Stout and Dasia Moore Globe Staff, July 2, 2020

With the coronavirus outbreak relatively contained in Massachusetts at least for now, Governor Charlie Baker Thursday announced plans to loosen more restrictions on daily life and gave businesses such as gyms, museums, and casinos the green light to reopen for the first time in months.

Yeah, everything is relative (they even changed the locks on him).


"Emily Saul, co-leader of the Boston chapter of The November Project, a free program that holds outdoor fitness classes year-round, said November Project will also wait until face masks are no longer a requirement before hosting workouts. “We are cognizant of the additional physiological stress that wearing a mask puts on your cardiovascular system,” she said. “We don’t want to add risk.” Under the state’s reopening guidelines, participants in outdoor workout classes must wear masks, even if they are socially distanced; however, the governor also issued an order on May 6 requiring masks or coverings in public places only if social distancing is not possible, and some gyms are following this protocol, instead....."

She JUST ADMITTED MASKS are a HEALTH RISK, and yet authority is telling us we must wear them! 

Also see:

Closed for more than 100 days, casinos in Atlantic City have reopened

Of course, their governor just shut down the bars and restaurants!

It’s the latest tentative step toward normalcy after a wave of infections that crested here this spring but comes as other states — particularly in the South and West — are seeing their most intense outbreaks yet. They are a reminder, Baker said, that both businesses and their customers must follow rules designed to encourage social distancing and prevent the virus from flaring here again.

FUCK OFF, Globe!

“It’s critical that we continue to be smart about how we do this,” he said. “We’d hate to have to move backwards.”

Still, the data here, he said, make “clear that Massachusetts is effectively bringing the fight to the virus.”

That f**ker is a mass-murdering criminal after what happened in the nursing and soldier homes (Globe dropped the ball after two days).

The recent surge in other parts of the country has prompted some states to pause, or even reverse, their reopening plans. The Baker administration has watched those numbers closely, trying to balance containing the virus with kick-starting an economy that has shed more than 1 million jobs since the pandemic first hit in March.

Still, Don Yaeger, executive director of the New England Museum Association, said, “It’s a balancing act,” Yaeger said. “You need the revenue.”

Massachusetts Gaming Commission spokesman Eric Kraus said, “This is really a blessing. We will do everything we can to keep our customers and staff safe and to preserve the guest experience.”

Now drop to a knee for King Baker.

This could be as open as life gets for a while, though.

While Massachusetts has progressed through the first two phases of Baker’s reopening plan in just six weeks, Baker cautioned that Phase 3 will last far longer than previous steps and that Phase 4 — basically full resumption of normal activities — won’t begin until effective COVID treatments or a vaccine are in place.



"The United States is on track to have a vaccine against the coronavirus by the end of this year or early next year, according to Food and Drug Administration Commissioner Stephen Hahn, a member of the White House Coronavirus Task Force. The FDA has given authorization to proceed with clinical trials for four different vaccines, Hahn said Thursday in an interview with ABC’s “Good Morning America.” “We have a lot of different shots on goal with respect to vaccines. That’s good news,” he said, adding the agency expects late, large clinical trials for two vaccines will start in July. “We are on target to reach a vaccine by year’s end or early next year.” Hahn said he is cautiously optimistic about what the data might show from the trials as the number of new infections continues to grow across the country, As the clamor for a vaccine continues, Hahn urged leaders to follow recommendations of the White House Coronavirus Task Force, which include guidance about hand washing, wearing masks and social distancing. “Those are common-sense things as we head into the Fourth of July weekend that we can do to stop the spread of the covid-19 virus,” he said....."

Hahn looks downright evil to me, and we are clamoring for it so much they need to roll out a PR campaign to get you to take it.

"Francis Collins, the director of the National Institutes of Health, testified before a Senate subcommittee Thursday that the novel coronavirus is very different from viruses that mutate rapidly to evade therapeutic and treatment strategies. “The good news is this is not like HIV. This is not like influenza,” Collins said. “It’s a fairly well-behaved virus that we think we ought to be able to tackle effectively with a vaccine strategy.” A genetic variant of the coronavirus has gained scientific attention and concern because of evidence in laboratory studies that it may be better at infecting cells, but Collins explained that the coronavirus has a slow mutation rate and underscored that none of the variants detected appear to be threats to the effectiveness of treatments and vaccines being developed. “We’re going to watch that very carefully, and the big question we all have is whether this is a circumstance where, once vaccinated, you are protected for life or whether, over the course of time, this virus will change its coat enough that you will need to have a booster that’s slightly better, designed for whatever it is this turns into next,” Collins said. “We don’t know the answer to that.”

Well, I already linked the reports from Europe that totally debunk what that evil liar says, so f**k off! The jabbing at you is intended to never end!

Btw, the reopen plan is the exact same one as developed by the American Enterprise Institute, Ma$$ liberals.

That, Baker said, could help prevent a resurgence of the virus, which he noted has spread quickly elsewhere in settings such as crowded bars and nightclubs. Those are still not allowed to open here, and may not be for some time.

They are FINISHED, but go race riot and loot!

“As difficult as it is for the people who operate and work in those institutions, we could not figure out a way to do that safely,” he said, “and I think some of the indicators we’ve gotten from other states that move forward with those is that they couldn’t figure that part out either.”

What an A$$HOLE!!!!!!!

Some, though, warn Massachusetts may be moving too fast, but public health experts Thursday said Baker’s approach makes sense for Massachusetts, at least right now.


Those hypocritical, agenda-pushing $cienti$ts and public health experts cited by my pre$$ are f**king liars!

“This has always been an epidemic that is locally driven, not homogeneous nationally,” said Dr. Sarah Fortune, a physician and chairwoman of the department of immunology and infectious diseases at Harvard T.H. Chan School of Public Health. “I think [moving to the next phase of reopening] is a reasonable decision for the state.”

For about a week.

Besides the low level of local transmission, experts said, Massachusetts is better-prepared to continue with reopening compared to some other states because of its investment in programs that trace infected people’s contacts, and thus keep close tabs on potential future outbreaks.

The tracers are funded by George Soros and Bill Gates, with Chelsea Clinton on the Board of Trustees. That is who Baker is partnering with.

The citizens of Ma$$achu$etts better WAKE THE FUCK UP!!

Barry Bloom, a professor and former dean at Harvard’s Chan School, said Baker’s strong team of health advisers and the state’s robust contact tracing program gave him confidence that Massachusetts will stay on top of any outbreaks to come, but he also said that with more freedom comes more responsibility, and residents would be wise to continue using masks, practicing good hygiene, and being careful to gather only outdoors and in small groups, no matter what “phase” we’re in.

Unless you are going to a pre-approved race riot or gay protest of some nature.

F**k you, you f**king lying hypocrite!

“The government can only do so much and make so many recommendations,” Bloom said. “The control of the pandemic is really now in the hands of the public.”

And we will fail, right, a$$hole?


Of course, the alternative is to go to the liquor stores that remain open for $ome rea$on.

"Baker, businesses ask Mass. high court to hear lawsuit challenging governor’s emergency powers" by Matt Stout Globe Staffm, July 2, 2020

Governor Charlie Baker and a group of business owners suing to overturn his emergency orders amid the coronavirus pandemic are asking the state’s highest court to hear the lawsuit, arguing it could provide clarity about his authority during this unprecedented time.

How dare they challenge King Charles?

The petition to the Supreme Judicial Court comes more than a month after the businesses, with the backing of a local conservative group, filed a lawsuit challenging the emergency powers Baker, a Republican, has used under a 70-year-old Cold War-era law to guide the state through the public health crisis, but the lawsuit is just one of six pending at the state or federal level offering similar challenges, raising the potential for a patchwork of court decisions, according to the motion.

A high court decision also could dramatically impact the sweeping, and indefinite, power Baker has wielded for months in closing businesses, mandating masks in public, and limiting crowds to try to stem the virus’s spread. State officials have reported more than 109,000 cases and 8,132 deaths during the pandemic, making Massachusetts one of the country’s hardest-hit states.

Seeing as we are one of the hardest hit, Baker's strategy failed and moving COVID-infected patients into the nursing homes was CRIMINAL!

“A definitive ruling by the full Court on the Governor’s authority and related legal issues will eliminate the possibility that judges in the other pending cases — or any additional cases yet to be filed — might issue conflicting decisions, with the confusion and disruption that would inevitably ensue,” the joint, nine-page petition reads.

“Given the unprecedented nature of the current pandemic, a decision by this Court will also serve the public interest in clarity and consistency regarding the validity of the public health measures implemented through the Governor’s emergency orders.”

The businesses sued Baker on June 1, and amended their complaints weeks later, arguing that his emergency declaration and the orders that followed violate both the “principle of separation of powers,” and the plaintiffs’ rights to “due process and free assembly.”

Been over a month already and all that lost revenue can not be made up.

In declaring a state of emergency, Baker leaned in part on the authority of the Civil Defense Act, which grants him sweeping authority in the face of enemy attacks, sabotage, riots, fire, floods, or other “natural causes.” It does not specifically cite a pandemic or public health emergency as a trigger, but Baker also points to a separate state law that empowers his public health commissioner to take action in the case of an emergency that “is detrimental to the public health.”

Who elected them?

What you are seeing there is MEDICAL FASCISM!

The business owners’ lawsuit was filed on behalf of 10 plaintiffs — including hair and tanning salon owners, a North End restaurateur, and two church pastors — and by a pair of attorneys: Michael P. DeGrandis, of the New Civil Liberties Alliance, and Danielle Huntley Webb, an attorney and board chair of the the Fiscal Alliance Foundation.

The New Civil Liberties Alliance is a Washington, D.C.-based nonprofit that advocates against what it calls the “unconstitutional administrative state,” and has taken as much as $2 million in contributions from the Charles Koch Foundation, according to nonprofit filings.

The Fiscal Alliance Foundation acts as a legal assistance arm of the Massachusetts Fiscal Alliance, a Boston-based conservative nonprofit known for shielding its donors.....

Just like the Globe $hields certain donors from certain movements for the most part, and believe me, you don't want those people in charge. They are literally coming to kill you.


May God damn him and maybe the lawsuits will end lockdowns.

It's our only hope.


Meanwhile, this was the Globe's top story today

"While America begins to reckon with the racism of its history and its present, President Trump is defiantly defending that past. As protesters and local governments around the country take down Confederate monuments and rethink the depiction of founding fathers who owned slaves, Trump has appointed himself their protector....."

They talk to Michael Steele, the former Republican National Committee chair who was the first Black man to hold that position; Brian Levin, of the Center for the Study of Hate and Extremism at California State University San Bernardino; and Stanley Greenberg, a Democratic pollster who has recently conducted focus groups with Republicans in Arizona, Michigan, and Georgia as they turn Trump into a modern day Paul Revere.


Richmond removes second Confederate statue as crowd cheers

Student leaders ask Virginia university to change name

They also want them to change the mascot.

Whipping post removed from Del. courthouse sq.

Isn't that Biden's home state?

Footage shows Fla. police celebrating after shooting

Colo. officer investigated in McClain death resigns

Of course, everything subject to revision.

Here are those chasing him (remember, Revere was arrested by the British; it was William Dawes that did the dirty work):

Supreme Court will hear arguments over Mueller’s secret evidence, a delay for House Democrats investigating Trump

The Globe's National lead and a Washington Compost pos, and as always, the future of the Supreme Court looms over this election -- as if it even matters

Trump’s pick for ambassador involved in racist smear against Black politician

Another piece of WaCompo crap, with the charge led by Bob Mendendez, who if my mind's eye is correct, prefers underaged Dominican girls.

Tell-all book on Trump can move forward pending hearing, judge rules

That's the New York Times with a selective book review.

Oklahomans back Medicaid expansion in narrow vote

The byline is Amy Goldstein of the Washington Compost.

Herman Cain is receiving treatment for coronavirus at an Atlanta hospital

Caught it at a Trump rally, of course.

Biden outraises Trump for second straight month, with $141 million June haul

The byline says Shane Goldmacher of the New York Times, and the voters have $poken!

Trump must be $hitting himself at the electoral environment presented by the Washington Compost, and needs to get a war going to wag the dog before he loses in a landslide. The only question is where.


So who is going to be the guinea pigs for the vaccines?

"Brazil’s virtually unchecked coronavirus outbreak, second-worst in the world and growing, is making the country an attractive proving ground for researchers racing to find a vaccine. A vaccine developed at Oxford University, said by the World Health Organization to be the furthest along of several candidates worldwide, is now being tested on 5,000 volunteers in Rio de Janeiro, São Paulo, and an undisclosed site in northeastern Brazil. The Chinese firm Sinovac Biotech will soon begin trials on a separate vaccine in partnership with a Brazilian research institute, and Italian researchers will probably follow with a third. Other immunological firms are also signaling interest in Brazil. Latin America’s largest country has reported more than 1.4 million cases and 59,000 dead, second in both only to the United States, in an outbreak that has leaped from the coastal cities to the country’s vast interior. The trials have been closely followed by national news here. Brazilians generally are celebrating the opportunity to contribute to the global search for a vaccine — and looking to capitalize on a potential winner — rather than griping at being used as international guinea pigs. Brazil’s eager participation in the vaccine trials could be seen as being at odds with how it has otherwise handled the pandemic. President Jair Bolsonaro has called for a national policy of doing nothing. The right-wing populist has repeatedly dismissed the danger of the coronavirus and has had little to say to or about its victims. Last week, he called Brazil’s response, one of the loosest in the world, ‘‘a little bit exaggerated.’’

I admire Bolsonaro, but it appears he has been neutered despite exposing the empty hospital that underpins the fraud and if the Brazilians truly are that idiotic to take the pharmaceutical poisons after the Zika experience, they are not worth saving.


Mexico City deaths spiked to three times normal

So we are told by a lying, agenda-pu$hing, pharma-fronting pre$$.

Bolivia tries to hold elections amid coronavirus pandemic

Just as the streets are roiling again with protests.

May God help them:

"A group of Catholic priests has anointed about 1,100 extremely ill or dying COVID-19 patients in eastern Massachusetts, and officials from the Archdioceses of Boston said none of these priests has contracted the virus. Nearly 30 priests have visited hospitals and long-term health care facilities during the pandemic to anoint the sick, one of the church’s seven sacraments. “For Catholics, the chaplin isn’t just a visitor, he’s a part of the critical care team,” said MC Sullivan, the chief health care ethicist for the archdiocese. “Having the priest at the bedside brings comfort to the patient and reassurance to the patient’s family that they are in good care.” Sullivan said each priest gears up in the same personal protective equipment medical workers and hospital staff wear during their shifts. They say a special prayer outside the patient’s room, and go inside only to anoint them with a blessed oil using a cotton swab. Not all of the COVID-19 patients who received the sacrament have died, but Sullivan said the archdiocese has received copies of death notices and obituaries that thank the priests for these visits. Sullivan said the priests have gone to nearly all of the 45 hospitals that are in the archdiocese’s coverage area."

You can't go see your beloved elderly in the nursing home per King Baker, though, and you have to wonder where God's heart is by not plaguing pedophile priests with COVID.

The calling of souls home hasn't stopped in Boston:

"A 20-year-old man who allegedly shot and killed a Boston woman in Lowell last week has been added to the State Police most wanted list, the department announced Thursday. Xavier DeJesus of Lowell is wanted for the murder of Deija Mendez, 23, who was found dead of a gunshot wound in the front street of an SUV parked on Coral Street on June 23. DeJesus is also facing charges of unlawful carrying of a firearm, and unlawful possession of ammunition, State Police said in a press release. Authorities identified DeJesus as the alleged shooter and obtained a warrant for his arrest from Lowell District Court. He also has another warrant for his arrest on unrelated charges out of Nashua, N.H., police said. “DeJesus is actively avoiding law enforcement and should be considered armed and dangerous,” State Police said in the press release. On Monday, officials announced that three people have been charged with witness intimidation in connection to the case. He is described as a white and of Hispanic ethnicity, about 5 feet, 7 inches tall, and weighing about 120 pounds, police said. He is also described as having black hair and brown eyes along with numerous tattoos on his right arm, including the word “Blessed” on his outer right forearm and “R.I.P. Chi Chi” on his inner right forearm. Anyone who has information about DeJesus’ whereabouts should call the Massachusetts State Police Violent Fugitive Apprehension Section....."

Looks like racist persecution to me.

"A 15-year-old boy was shot and killed in Roxbury Thursday night, the third homicide in less than 24 hours in Boston, officials said. The youth was one of three people shot on Mount Pleasant Avenue around 10 p.m. The conditions of the other two victims were not known. The shooting was announced less than an hour after Boston police confirmed that a man was fatally shot at 42 Hosmer St. around 8:15 p.m. Hours earlier, a 45-year-old man was fatally shot at 12:15 a.m. Thursday in Dorchester, according to police. “It’s been a busy and violent night folks,” Police Commissioner William Gross told reporters at the scene of the Roxbury shooting late Thursday night. Mayor Martin J. Walsh condemned the violence coming ahead of the July 4th holiday weekend. “The violence is unacceptable,” Walsh told reporters. “As we head into this weekend, I’m asking people involved in violence in the city of Boston, put your guns down,” the mayor said. Suffolk District Attorney Rachael Rollins said safety must be a priority in city neighborhoods this weekend. “We need to make sure this 4th of July weekend families are able to stay safe,” she said. Rollins said the 15-year-old was killed across from a park, and in front of the home of a family with young children. “They are deeply impacted by what happened,” she said. Her office is working with Boston police to solve the three homicides. She urged anyone with information to contact authorities. “Please come forward,” Rollins said. “We’ll get you protection.” The violent day started in the early hours of Thursday in Dorchester. Boston police said officers responded to an activation from the ShotSpotter gunshot tracking system at 12:19 a.m. on Norfolk Street near the intersection with Peacevale Road. Ballistic evidence was later recovered on Norfolk Street and on Peacevale Road, police said. The victim, Rashawn Washington-Clark of Dorchester was discovered about a block away on Armandine Street near the intersection with Milton Avenue. He was rushed to a Boston hospital, where he was later pronounced dead. Police also recovered a vehicle on Armandine Street that they said the victim may have been in when he was shot. The homicide was the city’s 21st this year and came after four people were shot Tuesday evening, one fatally, on Circuit Street in Roxbury. Police on Thursday identified the man killed in that shooting as Tierece G. Wiley, 19, of Roxbury. Police ask anyone with information about the crimes to contact the Homicide Unit or provide an anonymous tip to the CrimeStoppers Tip Line or by texting the word ‘TIP’ to....."

Right, the pissed on police are going to answer the call.

Why are none of the perps in lockdown or observing distancing rules?

Wouldn't have anything to do with all the convicts released from the jails because of COVID, right? 

They have all returned to their cells since the curve has been flattened, right?

I mean, the Globe and government never followed up on them so who knows where they are and what they are doing? 

Probably protesting, looting, and rioting.

"A Quincy man was arrested after officers allegedly found a large quantity of fireworks, several bags containing drugs, and a loaded gun in his car following a traffic stop in Mattapan Wednesday night, police said. Curtis Howard, 32, is facing charges of unlawful possession of a firearm, unlawful possession of ammunition, carrying a loaded firearm on a public way, possession of a large capacity firearm, possession with intent to distribute Class B drugs, and possession of unlawful fireworks, police said in a statement. He is expected to be arraigned in Dorchester District Court. He was arrested shortly after 9 p.m. Wednesday, when police investigating a report of shots fired observed two cars at the intersection of Owen Street and Tiverton Road, police said. Officers watched the cars accelerate through the intersection onto Tiverton Road “with no regard for the posted stop sign,” police said. Both cars, a Ford Escape and a Nissan sedan, soon came to an abrupt stop, police said. The driver of the Nissan left his car and entered the Ford, which drove onto Lorna Road to Morton Street before driving back to Owen Street. The Ford then stopped in front of 11 Owen St., the statement said. When officers performed a traffic stop and approached the car, they immediately saw a folding knife next to the gearshift, police said. Officers removed the driver, later identified as Howard, and the passenger and found a silver Taurus PT92 AFS pistol, loaded with seven rounds of ammunition, inside the middle console, the statement said. Both people were taken into custody, but the passenger was later released. During a search of the car, officers found a substance believed to be cocaine in a small plastic bag, a substance believed to be marijuana in multiple plastic bags, and “a large quantity of miscellaneous fireworks,” police said."

Going to be a hot time in the old city tomorrow!

That's what all the fireworks are for, so antics can burn down our cities, and speaking of crooks:

Former House Speaker Sal DiMasi wins fight to become a registered lobbyist

We were told he was dying of cancer and neglect years ago, the f**king $cumbag!

Better get to the beach before they fence it off:

"As crowds flock to beaches along Cape Cod to get a break from the pandemic-induced isolation, beachgoers are urged to take precautions during the holiday weekend and summer — it’s great white shark season. Every summer, great white sharks inhabit the waters off Cape Cod for the plentiful food source of seals and the warm waters. Several great white sharks have been seen in the waters off the Cape this year, with three spotted in one day off Monomoy in mid-June. Another shark was spotted in Cape Cod Bay the same day. “The sharks have no idea that COVID is happening,” said Cynthia Wigren, chief executive of Atlantic White Shark Conservancy, a nonprofit which assists with research and education on great white sharks. “We know they’re already here, returning to the Cape,” but as the peak shark months approach — July, September, August, October — people need to be mindful of both sharks and the coronavirus. The state and towns have set safety protocols to prevent the spread of the virus, but nothing has changed in regards to shark safety. “The messaging has remained the same: follow warning signs, pay attention to signs on beaches, follow safety tips put out by safety officials, listen to lifeguards and what they have to say, stay in waist-deep water,” Wigren said. As the waters begin to cool in November, the sharks leave in search of warmer waters in the south, she said. In recent years, the Cape has attracted nationwide attention for shark attacks. In 2018, a 61-year-old man was standing in the waters at Long Nook Beachcq in Truro when he was bitten. A month later, a 26-year-old man died after he was attacked by a shark at Newcomb Hollow Beach in Wellfleet, the first deadly shark attack in the state in over 80 years and the fourth in state history." 

Ah, memories of the summer of 2001.

Of course, you have a better chance of being bitten by a shark than dying from COVID, but stay out of the water and off the beach anyway.

Speaking of $harks:

"Facebook biased against Black workers, complaint says" by Elizabeth Dwoskin Washington Post, July 2, 2020

WASHINGTON — An Black manager and two job applicants who were rejected by Facebook filed a complaint against the company Thursday, alleging that the social media giant is biased against Black employees in evaluations, promotions, pay, and hiring practices.

The complaint, filed with the Equal Employment Opportunity Commission (EEOC), the federal agency that enforces civil rights laws in employment, is the latest salvo in mounting tensions over how Facebook handles issues of race. Facebook has said in the past that it is working to promote diversity and inclusion.

Facebook CEO Mark Zuckerberg and chief operating officer Sheryl Sandberg will meet with at least three civil rights groups on Tuesday after their organizations led an advertising boycott of the social media giant. The Facebook executives will meet with Anti-Defamation League Chief Executive Officer Jonathan Greenblatt; Color of Change President Rashad Robinson; and Derrick Johnson, chief executive officer of the National Association for the Advancement of Colored People, a Facebook spokesman confirmed. 

Just don't boycott Israel!

Hope you f**kers cannibalize yourselves!

Corporate America has been shaken in recent weeks as protests over the killing of George Floyd in Minneapolis erupted and helped trigger new examination of diversity and prejudice in the workforce.

They have been so $haken they have doled out millions to the extortionists, yeah.

Who wrote this crap?

Knowing he would be one of few Black employees working at the company’s sprawling campus in Menlo Park, Calif., Oscar Veneszee, a 46-year-old operations program manager and decorated 23-year veteran of the Navy whose job was to help recruit veterans to the company, figured he would be underestimated and have to work harder than other people to prove his worth, he said. He referred to it as an expectation of par-for-the-course discrimination known as ‘‘the Black tax’’ in corporate America. ‘‘I knew I would have to pay that Black tax,’’ he said. ‘‘I knew that was the armor I had to wear,’’ but then the George Floyd protests came.....

That's the argument they use so they can slack off more!


Time to put the mask on that face!