Wednesday, February 26, 2020

Trump Flips 9th Circuit Court Like a Boss and Gets a Huge Win in His Quest to Defund Planned Parenthood

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by Megan Fox, PJ Media:

For the last forty years, at least, conservative media and thinkers have lamented the absolutely ridiculous rulings that have come out of the “cuckoo for Cocoa Puffs” 9th Circuit Court of Appeals. Many of those rulings targeted Christians, maliciously removing religious symbols and forcing pro-life crisis pregnancy centers to advertise for abortion clinics. More recently, the 9th Circuit tried to stop Trump’s travel ban, a ruling that was slapped down by the Supreme Court (a common occurrence). But the long reign of terror by the fruits and nuts on the California court appears to be finally over, thanks to President Trump.

Stocks Plunge (or Dip?), Traders Confused: This Wasn’t Supposed to Happen. Complacency Exacts its Toll

by Wolf Richter, Wolf Street:

The coronavirus is just the latest in a long series of issues successfully brushed off as irrelevant because all that mattered was that stocks went up.

“Complacency” – brushing off big issues as irrelevant or nonexistent because they don’t fit into the buy-buy-buy scenario – has a way of serving up a surprise tab just when the party is hopping at its wildest.

Today, we’re seeing a little of it. Already on Friday, some fallout had hit stocks, following a mild down-day on Thursday. As of early afternoon today, over those three days, the S&P 500 index has dropped 4.8% and the Nasdaq 5.8%.

8,000 Californians Under “Self-Imposed Quarantine”, South Korea Locks Down City Of 2.5 Million People: Virus Updates

from ZeroHedge:

Summary:

  • Stocks slide as CDC releases new US case numbers
  • The number of cases worldwide topping 80,000.
  • Italy reports 7th death, 200+ confirmed cases
  • Spain reports 3rd case
  • WHO says outbreak not yet a ‘pandemic’
  • WH reportedly considering expulsion of Chinese journalists in retaliation for WSJ reporters
  • US consulate in Milan temporarily halts visas

One Month After Hillary Clinton Says “Nobody Likes” Bernie Sanders, He Makes History Winning Popular Vote in First Three States

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by Pam Martens and Russ Martens, Wall St On Parade:

One month ago former presidential candidate Hillary Clinton confirmed to Hollywood Reporter Lacey Rose that the remark she had made in a recent documentary that “nobody likes” Senator Bernie Sanders was still her assessment of the situation. That assessment was silly a month ago and became even more nonsensical yesterday morning as newspapers landed in driveways across America showing a massive win for Sanders in the Nevada caucuses, including big support from both whites and minorities. 

WATCH: Fight breaks out in Italian supermarket as coronavirus fears reach fever pitch

from RT:

Fears are running high in Italy’s Lombardy region after authorities confirmed the seventh coronavirus death on Monday. The rush to stock up on essential goods has led to tensions spilling over into violence in supermarkets.

A 62-year-old man on dialysis died on Monday evening, while three other men, all in their 80s, also died from the infection at the start of the week. Meanwhile, supermarket shelves have been stripped bare due to panic-buying amid rising tensions and visible public anxiety, as evidenced by a brawl in the aisles.

American Gun Ownership: The Positive Impacts of Law-Abiding Citizens Owning Firearms

from Ammo:

It’s no secret that mainstream press coverage of gun ownership in the United States tends to be in favor of gun control – especially when those reporting on the topic are not firearm owners themselves. Journalists focus on how many people are killed by guns, how many children get their hands on improperly stored firearms, and how many deranged individuals go on shooting sprees.

This anti-gun news bias is widespread among the “urban elite” who have very little personal experience with guns and yet write for influential newspapers like The New York TimesWashington Post, etc. Despite this bias, law-abiding private citizens owning guns does have positive impacts on American society that often go unreported – many of which are significant.

The “Unsinkable” Financial Markets Just Slammed Into A Massive “Iceberg” Called The Coronavirus

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by Michael Snyder, The Economic Collapse Blog:

We just witnessed the third largest single day point drop in U.S. stock market history, and experts are warning that things will only get worse if this coronavirus pandemic continues to escalate.  On Monday, the Dow Jones Industrial Average was down a whopping 1,031 points, and it looks like there could be more volatility on Tuesday.  In fact, the Nikkei is already down 787 points as I write this article.  Of course this sudden decline is being mostly driven by fear of the coronavirus.  The rapid spread of the virus in South Korea, Italy and Iran over the weekend really rattled investors, and there was a rush to sell stocks when the markets opened on Monday morning.  And the worse this pandemic becomes, the lower stock prices are going to go.

Silver and Sanity

by Gary Christianson, Miles Franklin:

Silver is real money, not a debt-based fiat currency that will eventually fail. Silver bullion production requires capital and effort to mine and refine. We use it for solar panels, iPhones, cruise missiles and thousands of other items. Silver is monetary sanity.

Prices for silver rise as currency units are devalued. Silver sold for $1.29 in the 1960s. Today’s price is around $18.00 because dollars buy less. The continual devaluation benefits the political and financial elite who own most paper assets – stocks and bonds. The bottom 90% pay higher prices for necessities plus interest on their debts. Savings in silver coins will offset devaluation and loss of purchasing power.

‘White Lives Don’t Matter’ Signs Appear in Canadian City, Media Ignores

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by Paul Joseph Watson, Summit News:

Racist signs that say “white lives don’t matter” and other racial slurs were posted in the Canadian city of Kitchener but received no media coverage whatsoever.

One of the posters features an image of Jesus Christ being crucified along with the words ‘WHITE LIVES DON’T MATTER’ in capital letters.

Another sign says ‘It’s okay to hate white people’ and ‘racism against whites doesn’t exist’. That sign also features a logo for ‘Kitchener/Waterloo against fascism’