Thursday, February 27, 2020

Generic...

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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...

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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.

Wednesday, February 26, 2020

Law ..

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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...

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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...

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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...

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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...

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Promises of free stuff.

Debate...

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Cow...

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Beneficiary...

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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.