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This is Your Security Force

They don’t give a liquid shit about you or your family.

I posted a note in this space a week or so ago from my sister begging people to stop hoarding (that is, stockpiling more than they need) the highest quality N95 masks that healthcare workers need desperately. But this is the actual Surgeon General of the USA telling you to not bother wearing masks at all! LYING right to your face that they cannot protect you.

He should be forced from office immediately, along with the scum at the CDC and FDA who have worked so hard to prevent masks from being distributed and preventing doctors and independent companies from testing — for their own interests. While we’re at it, let’s just abolish the national government entirely. Who needs ’em?

And now look! The MFer is still at it! (Unbelievable.)

Via the Great Jim Bovard: New York Times writer:

Why Telling People They Don’t Need Masks Backfired
To help manage the shortage, the authorities sent a message that made them untrustworthy.

Ya think?

Update: How has Japan kept Coronavirus in check? MASKS.

Sanctions Are Inhumane – Now, And Always

Asli U. Bali and Aziz Rana at Boston Review on the brutality of sanctions and why they must end. The current covid-19 pandemic has exposed the brutality of the economic sanctions imposed on the world by the U.S. government. This current crisis reveals all of Trump’s personal deficiencies: his narcissism, xenophobia and brutal belief in “American Exceptionalism.” He has filled his administration with Christian and Jewish Zionists, China haters and nationalist imperialists that have used sanctions as a weapon to conduct their “civilization wars” against countries that don’t bow to pax Americana. Trump better get that wall finished because when the rest of the world comes to America they are going to slit our throats for what the government has done in our name.

Screenshot From 2020 03 28 08 42 22

Hat tip to Joshua Landis follow him on twitter

An Approach to Collective Problems

Libertarian political philosophy, as a practical matter, does not offer a prefabricated set of solutions to collective problems. Rather, it’s a liberty-based approach to ameliorating collective problems that begins by acknowledging (among other things) the dispersion, incompleteness, and tacit dimension of relevant knowledge. Thus, the approach favors decentralization, competition (in ideas and services), and choice about what trade-offs to make and with whom to cooperate. Perhaps ironically, to succeed, individualism requires and produces the collective intelligence that only markets embody.

Help For Small Business Owners

For any small business owner that needs to apply for a loan their is some good news.  Secretary Mnuchin announced that the emergency small business funding mechanism will be administered through the Treasury FDIC system rather than the SBA.  The contact point for the loans will be any FDIC bank so you should be able to go directly to a local bank and apply for emergency funding rather than having to go through the cumbersome SBA loan process.

Mnuchin describes how this will work here

Hat tip to Sundance at The Conservative Treehouse

Meet The New Boss – At The Fed

Jim Bianco at Bloomberg

1000x 1The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.

In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.

This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.”

 

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