California Bans Singing in Church

[Ed. Note: “Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.” – H.L. Mencken.]

by Penka Arsova
LaCorte News

California has issued a ban on singing in places of worship as part of its measures to stop the spread of the coronavirus.

How we got here: California’s Department of Public Health published new rules earlier this week amid an increase in coronavirus cases in the state. Most of the guidelines are similar to the initial measures that were introduced at the beginning of the pandemic, such as wearing masks, keeping recommended distance, and staying home.

California Gov. Gavin Newsom this week reintroduced some of the strictest measures to stop the spread of the virus. He ordered restaurants, bars, movie theaters, card rooms, museums, and other venues to halt indoor service.

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What Happens When Major Cities Go Broke Worldwide – Robert Kiyosaki Quarantine Updates

from The Rich Dad Channel

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Goldman Sachs Has Done the Math and a National Mask Mandate to Halt the Spread of Coronavirus Would Have a Big Impact on the U.S. Economy

Mask wearing could save the domestic economy from a 5% hit to GDP, Goldman says

by Mark DeCambre
Market Watch

Wearing a mask has become a uniquely hot-button issue in the U.S., which finds itself in the throes of a coronavirus crisis that appears to be drifting out of control by the day.

However a recent report from Goldman Sachs projects that a lack of a national policy mandating the use of facial coverings throughout the U.S. is delivering an unnecessary hit to the domestic economy.

A team of economists lead by Jan Hatzius, chief economist at Goldman, makes the case that a national face-mask mandate could partially substitute for renewed lockdowns, as COVID-19 inflections flare up in a number of southern and western states in the U.S., that would “otherwise subtract 5% from gross domestic product.” (See attached chart):

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Will Ghislaine Maxwell Tell All? Are the Super-Rich Billionaires in Trouble?!

from WeAreChange

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Ghislaine Maxwell “Knows Everything” and “Will Be Naming Names”, Former Epstein Associate Says

from Zero Hedge

Assuming that Ghislaine Maxwell doesn’t wind up with the means to kill herself in her jail cell, and assuming those who are supposed to be watching her 24 hours a day won’t be taking any well-timed coffee breaks, Maxwell will be “naming names” and “fully cooperating” with the FBI according to a former associate of Jeffrey Epstein, according The Daily Mail.

Epstein’s former employer Steven Hoffenberg said that Maxwell “knows everything” and will “totally co-operate”.

In addition, Prince Andrew, who has been nudged further and further toward the center of the Epstein/Maxwell controversy, is “among those very worried” about what she might reveal, the report says. “She’s going to cooperate and be very important. Andrew is definitely, definitely concerned,” Hoffenberg said.

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South Park Mocked Hate Crimes Back in 2000

from No B.S.

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Rand Paul is Right About Experts

by Art Carden
The American Institute for Economic Research

The Internet is having a bit of fun with Rand Paul’s claim during a Tuesday Senate committee hearing that “We shouldn’t presume that a group of experts somehow knows what’s best” (here’s Tommy Beer with more). After all, they’re the experts. Shouldn’t we get out of the way and do as the experts tell us?

No. Rand Paul is right.

Friedrich Hayek was famously skeptical of experts because they have a tendency to stretch beyond their expertise and make claims, recommendations, or policies that are beyond the narrow confines of their expertise. They also tend to collapse social problems into frameworks and models that seem easy to manipulate but that leave out a lot of important on-the-ground knowledge that, Hayek argued, is of a kind that is inaccessible to an outside observer. In short, it is easy to mistake a model for the actual underlying reality. It is just as easy to identify important considerations and act as if they are the only.

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China in Upheaval

from Jerome Corsi

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Market Report: Punters Paradox

by Alasdair MacLeod
Gold Money

After hitting new eight-year highs on Tuesday gold backed off. By morning trade in Europe today, gold was up $4 on the week at $1775 having traded at $1789, and silver up 24 cents at $17.99 having traded at $18.44.

The punters paradox referred to above is the contrast between their various indicators which warn them everyone is bullish on gold mines and the gold price. These are the conditions the swaps — bullion bank trading desks — normally prey for, allowing them to create a cascade of disappointed sellers by triggering their stops.

It has worked every time since the Comex gold contract moved from being a simple hedge against long positions on the LBMA to an easy way for bullion banks to make trading profits.

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You’ll Live to Regret Not Preparing for Economic Disaster: Rob Rirby

from Portfolio Wealth Global

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Could Left and Right Agree on This?

from New York Sun

The piece on the current crisis that catches our eye runs on the Times op-ed page today under the headline “The Neoliberal Looting of America.” It’s by a law professor on the Coast, Mehrsa Baradaran. It’s about how, as she puts it, “the health of the finance industry and stock market are completely disconnected from the actual financial health of the American people.” By our lights, it’s a fabulous issue.

Professor Baradaran lays the problem to what she calls an “ideological coup” that has “quietly transformed our society over the last 50 years, raising the fortunes of the financial economy — and its agents like private equity firms — at the expense of the real economy experienced by most Americans.” The roots of the “intellectual takeover,” she reckons, lie in a “backlash against socialism in Cold War Europe.”

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Never-Ending Story | Trump Runs Into Hurdle in Bid to Bring American Troops Back from Afghanistan

from RT

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Investors Feel Bulletproof Again

by Dan Amoss
Daily Reckoning

Investors are ignoring the worst economic and earnings data since 2008. They’ve piled into risky assets in the hope that conditions will soon be back to normal.

But as much as we all hope for restoration to pre-coronavirus economic conditions, there are many reasons why the environment for stocks won’t be back to normal for much of 2020.

The first reason is that corporate balance sheets were weak going into the coronavirus crash. Large corporations have taken full advantage of the Fed’s emergency actions in March to issue a tidal wave of new corporate bonds in April and May. This raised liquidity and staved off bankruptcy for many companies.

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Patriotic Democrat: Where Do You Go to Get Your Party and Your Country Back?

from Bill Whittle

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Market Update: Gold Hits $1800 – What’s Next?

Gold just had one of its best performing quarters ever

by Adam Taggart
Chris Martenson’s Peak Prosperity

As we committed to last week, this week’s video focuses on the precious metals and the exceptional performance gold is exhibiting right now after many years of disappointing returns.

Year-to-Date, it’s hard to find an asset class that has performed better than gold and gold mining stocks:

[…] And the reasons for owning gold just keep getting stronger and stronger. As this week’s expert guest Jeff Clark, Senior Precious Metals Analyst at enumerates, all of these gold-friendly trends are solidly in play:

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