Recession...

U.S. equity markets were shoved into their fastest correction in history this week as fears of the coronavirus becoming a pandemic rattled investors and stoked recession fears.

Seven days of heavy selling, including two from the previous week, left the major averages licking their wounds from their steepest weekly plunge since the financial crisis. 

“If we get this into the pandemic stage, we are going to have a recession,” Scott Minerd, managing director and global chief investment officer at Guggenheim Partners, which oversees $270 billion in assets.

“Europe has probably already slipped into a recession and China is clearly in a recession at this point. It’s just a matter of how long it takes to hit our shores.”

The coronavirus outbreak, which originated in Wuhan, China, has sickened at least 83,694 people and killed 2,861 in 53 countries, according to the latest figures from the World Health Organization.  

The fast-spreading nature of the virus caused the lockdown of hundreds of millions of people in China, paralyzing supply chains and causing demand destruction for everything from oil to iPhones to automobiles.

Bow-out...

After South Carolina, it is the time for Sen. Warren, if she cares for any one else but herself, or if she can put aside her hate for billionaires,  to withdraw or retire from an activity, role, or commitment. Just a thought.

Caution...

Businesses in Wuhan, China, are temporarily suspending operations and moving out employees in an attempt to limit the spread of a deadly coronavirus that has so far killed 80 and infected more than 2,800.

The city of Wuhan, where the virus first broke out, is one of China's biggest industrial hubs. Several large Chinese and foreign corporations operate there.

Household names including PepsiCo, German conglomerate Siemens, and French automaker Peugeot Citroen all have bases in Wuhan and the wider Hubei province.

Sunk...

Bern...

The Dems are weary of the burn.

Disaster...

As Sen. Bernie Sanders emerges from his commanding victory in last weekend's Nevada caucuses, the Democratic establishment and the party's sizable moderate wing are increasingly anxious over his steady march to the presidential nomination -- yet they lack any sort of cohesive plan to stop him.

No outside group has taken the lead to focus resources against Sanders, and there are still too many candidates left in the race for moderates to coalesce around one standard bearer.

The fear isn't just over how Sanders and his far-left platform would fare against President Donald Trump in the general election, it's also about the effect his nomination could have on down-ballot races, particularly for Democrats running in tough elections in swing districts and states.

Several Democratic presidential campaigns agree with the premise that Sanders' candidacy is bad for the party, but that's where the agreement ends. No candidates are willing to make hard decisions about the future of their campaigns until the South Carolina primary on Saturday and Super Tuesday contests three days later, when 14 states and American Samoa weigh in.

Generic...

The FDA has approved the first generic Albuterol inhaler, which could save lives and money for the 26 million Americans suffering from asthma.

ProAir HFA — better known as Albuterol — is a common treatment for people with asthma. FDA Commissioner Stephen M. Hahn, M.D. said the approval of the generic version is "part of our longstanding commitment to advance patient access to lower-cost, high-quality generic drug products that are as safe and effective as their brand name counterparts.

The inhaler is a true generic — not made by a brand-name company — which will hopefully drive the price down.

In order for the FDA to approve a generic drug, it must have the same active ingredient as the name-brand product, and it must treat you the same way and have the same overall effects.

Corona...

Stocks fell sharply once again on Thursday as investors worried the coronavirus may be spreading in the U.S. A slew of corporate and analyst warnings also dragged down the major averages.

The Dow Jones Industrial Average plummeted 462 points, or about 1.7%. The Dow briefly fell more than 900 points earlier in the session. The S&P 500 slid 1.7% while the Nasdaq Composite dropped 2%. The Dow was on pace for its worst weekly performance since the financial crisis, falling more than 8% week to date. 

Apple, Boeing and Visa were among the worst-performing Dow stocks, dropping at least 4% each. AMD and Nvidia fell 4% and 4.2%, respectively.

Friday, before the weekend, the market would further loose steam not knowing the Corona Virous impact around the globe.

Since this virous is spreading slowly and impacting the world. The best preventive measures is to quarantine, block transportation, air ports etc, then the world economy got fragmented until further notice. With that, the companies profits deteriorated.

Depending how this virous moves and impacts, a recession might be in the work.

Law ..

A federal appeals court ruled that the Justice Department can refuse to give crime-fighting money to cities and states that consider themselves sanctuaries and refuse to share information with federal immigration authorities.

The unanimous ruling from a three-judge panel of the 2nd U.S. Circuit Court of Appeals was a defeat for New York City and seven states — Connecticut, Rhode Island, Massachusetts, New Jersey, New York, Virginia and Washington. 

They sued after the Justice Department said in 2017 that it would not award grants from a federal program to local governments that withheld information about undocumented immigrants in their jails.

So-called 'sanctuary' policies make all of us less safe because they intentionally undermine our laws and protect illegal aliens who have committed crimes," Sessions said at the time. "These policies also encourage illegal immigration and even human trafficking by perpetuating the lie that in certain cities, illegal aliens can live outside the law."

"From now on, the Department will only provide Byrne JAG grants to cities and states that comply with federal law.

Selling...

Mr. Sanders agenda is to provide Free education, free healthcare, Green deal and free immigration and housing. This will cost everyone to pay to support these programs. It will exceed 70 Trillion dollars.

Please come and see a sample to what to come if Sanders is the man.  An example is NYC housing programs, the Homeless that is expanded dramatically and the Mayor tried to ship them to New Jersey. The transportation system that collapsed for years and barley started to recover. Taxing people on every thing they can including congestion pricing that they cause it in the first place.

Just a thought.

Decide...

Democratic megadonor Bernard Schwartz has started reaching out to party leaders, to encourage them to back a candidate for president in order to stop the surge of Sen. Bernie Sanders.

Schwartz, the CEO of BLS Investments, told CNBC that in recent days he's been trying to speak with Pelosi and Schumer about making a pick, in the hope that voters will follow.

"We should know who is the best person to beat Donald Trump, and with all due respect, Bernie Sanders cannot beat Trump," describing the message he has relayed to the two Democratic leaders.

Although he isn't insisting on a particular candidate for Pelosi and Schumer to get behind, he said that he thinks the two best options, for now, are either former Vice President Joe Biden or former New York Mayor Mike Bloomberg, a billionaire funding his own candidacy for president. 

Schwartz's concerns to leaders are being echoed by many Democratic leaders,

Deja Vu...

On the stage in Charleston, S.C.,  One by one, the Democratic candidates took shots at the self-described socialist who is suddenly the front-runner for the party’s presidential nomination.

“If you think the last four years has been chaotic, divisive, toxic, exhausting, imagine spending the better part of 2020 with Bernie Sanders versus Donald Trump,” said former South Bend, Ind., mayor Pete Buttigieg.

“Russia is helping you get elected,” former New York mayor Mike Bloomberg told Sanders, “so you will lose to [Trump].”

Businessman Tom Steyer told Sanders, “The answer is not for the government to take over the private sector.”

Former vice president Joe Biden pointed out that Sanders voted against an assault-weapons ban and in 2012 said "we should primary Barack Obama.”

Sen. Elizabeth Warren (Mass.) declared that she “would make a better president than Bernie.”

And Sen. Amy Klobuchar (Minn.) informed Sanders that his “math does not add up" and that “we should pay attention to where the voters of this country are, Bernie.”

Sanders scoffed, smirked, grimaced and glowered. “Not true!” he interjected, and “categorically incorrect!” He shook his head and waved his hand dismissively. “I’m hearing my name mentioned a little bit tonight — I wonder why,” the front-runner said.

He chose to parry by shouting counter-assaults — against Bloomberg, against Buttigieg, against Biden. The others joined in, and soon it was an all-out food fight, with rhetorical mashed potatoes landing everywhere. Warren hit Bloomberg, who hit Sanders. Biden hit Klobuchar, while Steyer hit Sanders and Bloomberg. Biden hit Steyer, and Warren pummeled Bloomberg.

The melee brought a sickening sense of deja vu.

Stuff...

Promises of free stuff.

Debate...

Cow...

Beneficiary...

In October 1985, a few months after Bernie Sanders traveled to Nicaragua to celebrate the sixth anniversary of that country's socialist revolution, the Soviet-backed government suspended the civil liberties of its citizens, including the rights to free speech, free assembly and labor strikes.

A few days later, Sanders, then the socialist mayor of Burlington, Vermont, received a pointed letter from a constituent. How, the letter-writer wanted to know, could Sanders continue to embrace a "another in a long line of dictatorships, whose only true concern is its length of stay in power"?

In a written reply, Sanders — who had praised Nicaragua's leaders upon his return from the trip — made no apologies. The Nicaraguan government was fighting a "brutal war" funded by the United States, he wrote, which made the situation "complex." Didn't the U.S. government, Sanders wrote, intern Japanese Americans during World War II? Didn't Lincoln curtail basic rights during the Civil War?

Bernie is a millionaire who is in position of power in the US Government. And with his taxing agenda and socialist ideas, he will be the only beneficiary of his agenda.

Cough...

Dual...

 The new threat to the economy the Corona Virus and the Bernie Sanders. Watch your retirement plan as it dwindles with speed.

Buh...

Fullest...

The strong showing by Vermont Sen. Bernie Sanders in the Iowa caucuses and New Hampshire primary has moderate Democrats on Capitol Hill concerned that, if the self-described democratic socialist wins the party’s presidential nomination, it could jeopardize efforts to protect their House majority and take control of the Senate.

Sanders and his allies, however, believe his campaign will spur voter turnout, helping Democrats in local and statewide races across the country.

But in interviews and private conversations with roughly a dozen House Democrats across the political spectrum, many told ABC News they feared that Sanders and his proposals, including Medicare-for-All, the Green New Deal and tuition-free college, could alienate independent voters in the suburbs and exurbs who helped deliver the House majority to Democrats in 2018.

Tax, Tax, Tax and no one will get ahead. No Billionaires, no Millionaires, No Middle class and no Jobs. Enjoy the socialist party to the fullest.

Lefties...

Liberal Democrats in the Empire State appear far more concerned about playing identity politics and pandering to the far left than they are about protecting the citizens they were elected to represent.

New York City’s insane sanctuary policy recently led to the raping and killing of a 92-year-old woman at the hands of criminal illegal aliens who committed the murder after being released from local police custody -- and who otherwise would have been deported had New York City informed the feds of his whereabouts.

The lunacy has spread to the state capital in Albany where the Senate -- once ruled by Republicans capable of blocking some of the more radical leftist policies -- is now under the control of Democrats, many of whom see Rep. Alexandria Ocasio-Cortes, D-N.Y., as their role model. 

Gov. Andrew Cuomo, who once could have been considered a sensible moderate capable of blunting the more leftist leanings of the Democratic legislature, has morphed into a pandering leftist himself after the Working Families Party (a Socialist leaning entity) and actress Cynthia Nixon scared the bejesus out of him in a primary back in 2018.
So good luck New Yorkers with the new status.

Before Jumping...

Cuba...

To those who wants a better life... Here it is. Just a thought.

Narrowed...

Handouts...

Bernie Sanders released a fact sheet explaining that he’d pay for his sweeping new government programs through new taxes and massive lawsuits, as well as by slashing spending on the military, among other methods.

The effort sought to head off complaints from Republicans and some rival Democrats that his plans were economically unrealistic, especially after a head-turning CBS News interview in which the frustrated Vermont senator said he couldn’t “rattle off to you every nickle and every dime” about his proposed expenditures.

However, the fact sheet highlighted for the first time that many of Sanders’ expected cost-saving measures relied heavily on conjecture. For example, Sanders’ projections stated without providing details that his Green New Deal plan would create “20 million new jobs,” thus ensuring $2.3 trillion in “new income tax revenue.”

I''ll tax the hill out of everybody and four years from now, we will not have anybody else to tax nor any body with a job. Good luck to you all.

Vallow...

According to a statement released by the Kauai Police Department, Lori Vallow was arrested on a warrant issued by Madison County, Idaho.

She is accused of multiple offenses, including desertion and nonsupport of dependent children, resisting or obstructing officers, criminal solicitation to commit a crime, and contempt of court.

Lori's children, Joshua "JJ" Vallow and Tylee Ryan, were last seen in September 2019. Their disappearances have uncovered a complicated sequence of events related to Lori and Chad Daybell, including details surrounding the death of Vallow's former husband, Charles Vallow, details surrounding the death and subsequent burial of Daybell's former wife, Tammy, and allegations of cult membership.

In late January, authorities in Idaho say a child protection action was filed on behalf of JJ and Tylee, and that a court has ordered Vallow to physically produce the two children to the Idaho Department of Health and Welfare in Rexburg within five days of being served with the order. No results.

Nasty Liz...

The Democrats are tearing each other apart. Good strategy since they clearly announced we want to replace Trump in the White House.

What are you going to do for the people?

We will tax the hill out of you all and we will be in the White House. We will satisfy CNN and NBC whose information are anti Trump regardless.      Just a thought.

Destruction

Harve...

Jurors in Harvey Weinstein's trial sent the court 10 notes over four days of deliberations -- including one note suggesting they may be deadlocked on the two most serious charges.

Judge James Burke asked jurors Friday to try to render verdicts on all counts, something that requires a unanimous vote on each. They deliberated another half hour before breaking until Monday.

Jurors asked Burke whether they could fail to reach a unanimous verdict on Count 1 and/or Count 3 while agreeing on other counts.

Weinstein, 67, is charged with first-degree criminal sexual act, first-degree rape, third-degree rape and two counts of predatory sexual assault. The charges are primarily based on Haley's testimony that Weinstein forced oral sex on her in 2006 and Mann's testimony that he raped her in 2013 during what she described as an abusive relationship.

Rich guy, women around, years later, the details became sketchy. But the Media has so much hate for the guy, the accusations are repeated all day long and here we are. Just a thought.

Front...

Sen. Bernie Sanders said Friday that his campaign was briefed about Russian efforts to help his presidential campaign, intensifying concerns about the Kremlin's role in the US presidential race.

It remains unclear how Russia is attempting to help Sanders, according to The Washington Post, which first reported the effort. The revelation comes a day after it was reported that the US intelligence community believes Moscow is taking steps to help President Donald Trump win and at a time when Sanders is emerging as the Democratic front-runner.

Speaking to reporters in Bakersfield, California, Friday afternoon, Sanders confirmed that his campaign was briefed about the Kremlin's efforts about a month ago and condemned Russia's attempts to interfere in US elections. The Vermont senator speculated that the news broke on Friday afternoon in order to have an impact on Saturday's Nevada caucuses, in which he is a leading candidate.

Disperate...

Democrats  want a presidential nominee who can defeat President Donald Trump. But after nine series of debates, Democratic voters still don't know who that candidate is.

Former Vice President Joe Biden held the honor for many months but slipped precipitously after poor performances in Iowa and New Hampshire's contests and amid lackluster fundraising.

Sen. Bernie Sanders of Vermont is moving from movement candidate to most-electable candidate, but many in the party worry Sanders, if nominated, would lose the presidency and take the House down with him. In addition, Sanders is not a Democrat.

Billionaire businessman Michael Bloomberg has seen meteoric rises in polls after spending hundreds of millions of dollars on ads, but that was before he got verbally body slammed at Wednesday night's debate by Sen. Elizabeth Warren of Massachusetts.

The contentious, and at times chaotic, debate underscored the upheaval in a party that hasn't settled on a vision for its future, with a single exception – a world that does not have Trump in a decision-making role.

Dvele...

California is the first state to require all new homes to have rooftop solar systems. Adding residential battery storage will help make Dvele homes more competitive in a crowded market.

Dvele has developed a new building envelope with a thermal barrier that ensures any heating or cooling produced in the house stays in the house, according to Curbed.  The company claims its homes need 84% less energy per square foot to operate than a conventional stick built home, which means running totally on solar power is actually achievable.

The company has two primary goals  efficiency and sustainability. Despite having many floor plans and styles to choose from, most of their homes use common modules, which keeps design and construction costs low. It also reduces the amount of waste created and permits the usage of leftover materials in other modules.