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Date Sent: 2020-03-12
Freedom's Phoenix AM Edition for Friday, March 13, 2020 |
Get Rid of the Safety Net
Get Rid of the Safety Net -- Pre-Market ETFs Signal Huge Drop - Circuit-Breakers Loom -- Dow plunges 10% in Wall Street's worst trading day since 1987 despite Fed pumping $1.5 TRILLION. -- Fed Injects $198 Billion Via Repos To Unfreeze Paralyzed Funding Markets -- Stocks Puke Into Bear Market As US Financial Conditions Crash Most 'Since Lehman' -- CASE Introduces World's First Fully Electric Backhoe Loader -- Watch Live: Christine Lagarde Explains How Even More QE Will Fix Virus-Crisis -- Bitcoin And Bullion Blasted As Traders Sell Everything -- Funding Markets Are Freezing: Global Dollar Shortage Hits Alarming Levels -- Financial Pain Is Coming -- Hotel Reservations @ BEST WESTERN PLUS Exec Court Inn - Manchester, NH - Vaccine Education Summit! -- Carnival Halts Global Cruise Operations For 60 Days -- Trading Stops - How They Work -- "If I Die, I Die" - Students "Risk It All" For 'Dream Trips' As Colleges -- Rich Rebuilds Installs Motor And Battery In Tesla Cyberquad -- Banking Crisis Imminent? Companies Scramble To Draw Down Revolvers -- ECB Unexpectedly Keeps Rates Unchanged, Boost QE By €120BN, Expands TLTRO Terms -- Global Systemically Important Bank Stocks Crash To Record Low -- NBA Suspends All Games, Sports Jackass of the Year Awarded -- The Bill That Killed Freelance -- Stock Buybacks Crash Just As Markets Need Them Most -- Hordes of starving monkeys seen storming empty streets in Thailand as tourists stay away -- Chinese Regime Deploys 1,600 Online Trolls To Suppress Information On Coronavirus -- More Chaos: House Iran War Vote, Coronavirus Stimulus, Euro Travel Ban! -- Six of 10 Vaccines Studied Increase Mortality -- S&P Extends Losses After Re-Opening, Down 8.5%; -- BofA's Shocking Warning: The Treasury Market Is No Longer Functioning Normally -- W.H.O. COVID-19 PANDEMIC! As Predicted in Bill Gates forum with ex-CIA... -- Interview 1523 " Is Coronavirus the Next 9/11? Discussion on The Ochelli Effect -- NCAA Cancels "March Madness", --
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News Link • Welfare: Social
Get Rid of the Safety Net
03-12-2020
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https://www.fff.org, by Jacob G. Hornberger
Central to the idea of a welfare state is the notion of the "safety net." The idea is that a free society is much like walking the high wire.
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Reported by:
Freedomsphoenix Readerfour
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News Link • Stock Market
Pre-Market ETFs Signal Huge Drop - Circuit-Breakers Loom
03-12-2020
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https://www.zerohedge.com, by Tyler Durden
SPY - the S&P 500 ETF - is trading down 6.5% this morning, well below the 5% limit-down in futures...
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Reported by:
Freedomsphoenix Readerfour
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News Link • Stock Market
Dow plunges 10% in Wall Street's worst trading day since 1987 despite Fed pumping $1.5 TRILLION.
03-12-2020
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https://www.dailymail.co, By KEITH GRIFFITH
Dow plunges 10% in Wall Street's worst trading day since 1987 despite Fed pumping $1.5 TRILLION into bond markets amid panic over Trump's European travel ban
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Reported by:
Freedomsphoenix Readerfour
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News Link • Federal Reserve
Fed Injects $198 Billion Via Repos To Unfreeze Paralyzed Funding Markets
03-12-2020
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https://www.zerohedge.com by Tyler Durden
Update: shortly after the Fed injected $95BN in liquidity via two term reports (a 2-week and the first 1-month op), it also announced $103.1BN injected via the overnight operation, which means that the Fed has injected a combined $198BN in liquidity
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Reported by:
Robert Lee
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News Link • Stock Market
Stocks Puke Into Bear Market As US Financial Conditions Crash Most 'Since Lehman'
03-12-2020
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https://www.zerohedge.com by Tyler Durden
Today the stench of a desperate liquidity scramble as The Dollar rallied while Stocks, Bonds, Bitcoin, Crude, and Gold were all dumped.
The Fed ramped up its liquidity bailout facility to a stunning $175 billion per day and still the market kept col
Read Full Story
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Reported by:
Robert Lee
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News Link • Transportation
CASE Introduces World's First Fully Electric Backhoe Loader
03-12-2020
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https://insideevs.com, Mark Kane
Another milestone for the construction equipment industry: the first electric backhoe loader arrives.
Read Full Story
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Reported by:
Robert Lee
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News Link • Central Banks/Banking
Watch Live: Christine Lagarde Explains How Even More QE Will Fix Virus-Crisis
03-12-2020
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https://www.zerohedge.com by Tyler Durden
After disappointingly not cutting rates even more negative than they already are - because that was working so well - ECB boss Christine Lagarde did, however, open the floodgates with some more liquidity facilities.
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Reported by:
Robert Lee
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News Link • Bitcoin
Bitcoin And Bullion Blasted As Traders Sell Everything
03-12-2020
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https://www.zerohedge.com by Tyler Durden
It;s a bloodbath out there. For now, only bonds are higher in price as it seems traders are selling everything that is not nailed down in order to meet margin calls or simply reduce overall uncertainty.
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Reported by:
Robert Lee
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News Link • Federal Reserve
Funding Markets Are Freezing: Global Dollar Shortage Hits Alarming Levels
03-12-2020
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https://www.zerohedge.com, Tyler Durden
The surging demand for repo liquidity - and massively expanded bailout facility size by the New York Fed - suggests there is a major global scramble for USD funding, and today's price action in the archaic money markets exposes it has now reached ext
Read Full Story
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Reported by:
Robert Lee
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Feature Article • Surviving the Collapse
Financial Pain Is Coming
Paul Rosenberg
Consider, please, the insanity of this: In the richest and most prosperous times of all human history - by far - millions of working people have literally no money saved, and/or are deeply in debt. And with paychecks about to stop for many people
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News Link • Business/ Commerce
Carnival Halts Global Cruise Operations For 60 Days
03-12-2020
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https://www.zerohedge.com by Tyler Durden
Shares of Carnival Corp. plunged by more than 20% on Thursday morning after it announced its Princess Cruises Line would halt operations for 60 days amid the Covid-19 outbreak.
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Reported by:
Robert Lee
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Letters to the Editor
• More about Economy - Economics USA
Trading Stops - How They Work
Written by: Ernest Hancock
From Mike on "Declare Your Independence with Ernest Hancock" Telegram Page...
Stocks opened limit down and triggered circuit breakers at 7% for 15-minute hold. Will be interesting if it hits the next breaker and then the next to end trading for th
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News Link • Pandemic
"If I Die, I Die" - Students "Risk It All" For 'Dream Trips' As Colleges
03-12-2020
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https://www.zerohedge.com, by Tyler Durden
Millennial students think they're invincible against Covid-19 as the virus mysteriously targets the elderly.
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Reported by:
Freedomsphoenix Readerfour
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News Link • Transportation
Rich Rebuilds Installs Motor And Battery In Tesla Cyberquad
03-12-2020
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https://insideevs.com, Andrei Nedelea
This Tesla Cyberquad project still has a long way before it's finished, though.
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Reported by:
Robert Lee
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News Link • Business/ Commerce
Banking Crisis Imminent? Companies Scramble To Draw Down Revolvers
03-12-2020
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https://www.zerohedge.com by Tyler Durden
Earlier today, we reported that Boeing shocked the investing community when it announced that due to "market turmoil", it would immediately draw down on its full $13.825 revolving credit facility,
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Reported by:
Robert Lee
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News Link • Central Banks/Banking
ECB Unexpectedly Keeps Rates Unchanged, Boost QE By €120BN, Expands TLTRO Terms
03-12-2020
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https://www.zerohedge.com, Tyler Durden
Surprising many who were expecting a rate cut from the ECB this morning, moments ago Christine Lagarde announced that rates would remain unchanged, with the all important deposit rate unchanged at -0.50%.
Read Full Story
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Reported by:
Robert Lee
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News Link • Central Banks/Banking
Global Systemically Important Bank Stocks Crash To Record Low
03-12-2020
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https://www.zerohedge.com by Tyler Durden
Despite Lagarde's increase in liquidity - but no further rate cuts - European banks are a bloodbath, crashing to an all-time record low this morning...
Read Full Story
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Reported by:
Robert Lee
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News Link • Pandemic
NBA Suspends All Games, Sports Jackass of the Year Awarded
03-12-2020
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https://moneymaven.io, by Mish
The NBA suspended all games indefinitely after Utah Jazz superstar Rudy Gobert tested positive for the coronavirus.
Read Full Story
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Reported by:
Freedomsphoenix Readerfour
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News Link • Legislation
The Bill That Killed Freelance
03-12-2020
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https://www.youtube.com
A new California law is supposed to help millions of freelancers by dictating that they be hired as employees.
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Reported by:
Robert Lee
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News Link • Stock Market
Stock Buybacks Crash Just As Markets Need Them Most
03-12-2020
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https://www.zerohedge.com by Tyler Durden
At the start of January, when the market euphoria was at an all time high, the blow off top meltup was raging and an army of millennial Robinhood daytraders was about to be unleashed (only to be crucified at the end of February),
Read Full Story
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Reported by:
Robert Lee
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News Link • Pandemic
Hordes of starving monkeys seen storming empty streets in Thailand as tourists stay away
03-12-2020
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https://www.dailystar.co, ByAnders Anglesey
The normally well-fed primates had no food after coronavirus fears left the normally busy streets in Thailand completely empty of tourists
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Reported by:
Freedomsphoenix Readerfour
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News Link • Censorship
Chinese Regime Deploys 1,600 Online Trolls To Suppress Information On Coronavirus
03-12-2020
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https://www.zerohedge.com by Cathy He
The propaganda department in virus-stricken Hubei Province has engaged over 1,600 censors to scrub the internet of "sensitive" information relating to the coronavirus outbreak, according to an internal document obtained by The Epoch Times.
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Reported by:
Robert Lee
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News Link • Ron Paul Says...
More Chaos: House Iran War Vote, Coronavirus Stimulus, Euro Travel Ban!
03-12-2020
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Ron Paul Liberty Report
As the House further debates a resolution restricting President Trump's power to make war on Iran, the House is rushing through a "coronavirus stimulus" bill pumping more billions into the pockets of the well-connected. Meanwhile, President Trump has
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Reported by:
Donna Hancock
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News Link • Vaccines and Vaccinations
Six of 10 Vaccines Studied Increase Mortality
03-12-2020
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https://www.lewrockwell.com, By Joseph Mercola
The December 27, 2019, Science News DK article,1 "Vaccines -- An Unresolved Story in Many Ways," touches on one of the crucial talking points of vaccine safety and informed consent advocates, which is the intentional cover-up of real-world vacci
Read Full Story
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Reported by:
Robert Lee
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News Link • Stock Market
S&P Extends Losses After Re-Opening, Down 8.5%;
03-12-2020
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https://www.zerohedge.com by Tyler Durden
Europe Crashes By Most Ever
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Reported by:
Robert Lee
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News Link • Central Banks/Banking
BofA's Shocking Warning: The Treasury Market Is No Longer Functioning Normally
03-12-2020
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https://www.zerohedge.com by Tyler Durden
In a stunning report published this morning by BofA's Marc Cabana, the rates strategist warns that the US Treasury market is no longer functioning properly, and will "likely requires a rapid & large near-term policy response from the US Treasury or F
Read Full Story
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Reported by:
Robert Lee
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News Link • Bioterrorism
W.H.O. COVID-19 PANDEMIC! As Predicted in Bill Gates forum with ex-CIA...
03-12-2020
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veteranstoday.com, By Fabio Giuseppe Carlo Carisio
"Stop Devilish-antihuman biological war" says former Iranian president in appeal to UN SG
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Reported by:
Robert Lee
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News Link • Police State
Interview 1523 " Is Coronavirus the Next 9/11? Discussion on The Ochelli Effect
03-12-2020
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https://www.corbettreport.com, Corbett
In this conversation recorded on March 9th, James Corbett joins Chuck Ochelli on The Ochelli Effect to discuss the pandemic panic and its parallels to other "world-altering" (but ultimately manipulated) crises like 9/11.
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Reported by:
Robert Lee
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News Link • Pandemic
NCAA Cancels "March Madness",
03-12-2020
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https://www.zerohedge.com by Tyler Durden
NYC Declares "State Of Emergency": Live Updates
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Reported by:
Robert Lee
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News Link • General Opinion
"They Know Nothing" (Again):
03-12-2020
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https://www.zerohedge.com by Tyler Durden
Jim Cramer Calls For Government To Suspend Taxes, Print Way Out Of COVID-19
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Reported by:
Robert Lee
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News Link • Census
Interview 1522 " James Bovard on the Dark History of the US Census
03-12-2020
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https://www.corbettreport.com
Author and researcher James Bovard joins us today to discuss Facebook's recent pledge to suppress all criticism of the US Census Bureau from its platform. We delve into the dark history of the US census and discuss how it has been used to round up
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Reported by:
Robert Lee
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News Link • Pandemic
Donald Trump Suspends All Travel from European Union for 30 Days to Fight Coronavirus
03-12-2020
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https://www.breitbart.com, CHARLIE SPIERING
President Donald Trump announced Wednesday his decision to suspend all travel from the European Union for the next 30 days to fight the spread of the coronavirus.
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Reported by:
Freedomsphoenix Readerfour
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News Link • Self-Defense
San Gabriel Valley Gun Sales Soar Among Asian Americans Who Fear Coronavirus-Related Attacks
03-12-2020
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https://losangeles.cbslocal.com
Gun sales are skyrocketing across the San Gabriel Valley as Asian Americans in the area fear they may be targeted because of their ethnicity amid rising fears about the spread of the coronavirus.
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Reported by:
Freedomsphoenix Readerfour
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News Link • General Opinion
The Knezovitch Effect
03-12-2020
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https://ncc-1776.org by L. Neil Smith
A couple of days ago, at a "pro-choice" protest rally in front of the Supreme Court, Democrat Senate Minority Leader Charles E. Schumer (he wants you to call him "Chuck") ranted against two Justices, both Trump appointees, who happen to disag
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Reported by:
Robert Lee
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News Link • Pandemic
Officials preparing Georgia state park for coronavirus patient isolation location
03-12-2020
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https://www.fox5atlanta.com
Georgia health officials have designated a Georgia state park as a possible location to isolate and monitor patients who could have been exposed to a new strain of the coronavirus.
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Reported by:
Robert Lee
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News Link • Politics: Democratic Campaigns
Sanders isn't dropping out, but where does he go from here?
03-12-2020
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By STEVE PEOPLES, WILSON RING and WILL WEISSERT
Bernie Sanders is vowing to press ahead with his presidential campaign at least long enough to debate Joe Biden this weekend, even while acknowledging his deficit in the Democratic race may be insurmountable.
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Reported by:
Freedomsphoenix Readerfour
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News Link • Immigration
Bionic Mosquito Is Back on Immigration
03-12-2020
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https://www.fff.org, by Jacob G. Hornberger
The Bionic Mosquito, a libertarian who favors America's system of immigration controls, is back on the subject of immigration.
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Reported by:
Freedomsphoenix Readerfour
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News Link • Whistleblowers
Chelsea Manning hospitalized after suicide attempt
03-12-2020
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https://www.politico.com, By MATTHEW CHOI
The attempt came just days before she was scheduled to appear in court over sanctions related to an investigation of Julian Assange.
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Reported by:
Freedomsphoenix Readerfour
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News Link • American History
Why Did Japan Bomb Pearl Harbor?
03-12-2020
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https://www.fff.org, by Jacob G. Hornberger
We all know that Japan's attack on Pearl Harbor, Hawaii, gave rise to U.S. involvement in World War II. But how many people ask an important question: Why did Japan bomb Pearl Harbor in the first place?
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Reported by:
Freedomsphoenix Readerfour
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News Link • Internal Revenue Service
The IRS's History Of Attacking Political Dissenters and Opponents
03-12-2020
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https://www.zerohedge.com by José Niño
The US purports to be the land of free speech, but you can always expect politicians to carve out exceptions. Just look at how government agencies such as the Internal Revenue Service can slither their way into the political affairs of individuals an
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Reported by:
Robert Lee
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News Link • Gold and Silver
Gold Pukes Below $1600 On Massive Volume, WTI Tests $30
03-12-2020
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https://www.zerohedge.com by Tyler Durden
This is liquidation - system-wide...
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Reported by:
Robert Lee
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News Link • Trump Administration
Saxo: "Trump's Address To The Nation Failed Abysmally In Calming Sentiment"
03-12-2020
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https://www.zerohedge.com by Eleanor Creagh
Summary: The resounding theme throughout markets is too little too late when it comes to policymakers promises.
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Reported by:
Robert Lee
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Feature Article • Books
"You're Already Rich"
Paul Rosenberg
I got an email from my old friend Dick not too long ago - maybe the smartest guy I ever met, and I've known a lot of smart guys. He was coming through town and we decided to meet at our old hangout, Jay's Bar.
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News Link • Legislative Mischief
McConnell Cancels Senate Recess, Will Remain In Town To Craft COVID-19 Legislation
03-12-2020
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https://www.zerohedge.com by Tyler Durden
(Update 13:45 ET): McConnell has canceled the Senate recess over the coronavirus, saying on Tuesday that they will remain in town to craft COVID-19 legislation.
Read Full Story
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Reported by:
Robert Lee
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News Link • California
Had Enough? Californians Turn Down Higher Taxes, Debt
03-12-2020
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https://www.usnews.com, By Associated Press
California residents pay some the nation's highest taxes on gas, clothing and the money they earn -- and those revenues have contributed to a massive state budget surplus.
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Reported by:
Freedomsphoenix Readerfour
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News Link • Death
Chelsea Manning attempts suicide in jail, legal team says
03-12-2020
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FOX News
Former Army intelligence analyst Chelsea Manning tried to "take her own life" in a Virginia jail on Wednesday ahead of a looming court date, her legal team said in a statement.
Read Full Story
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Reported by:
Donna Hancock
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News Link • Vaccines and Vaccinations
Covid-19 Coronavirus Vaccine Could Kill 8-16 Times More Senior Americans...
03-12-2020
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https://www.lewrockwell.com, By Bill Sardi
According to a Washington Post report, this 2020 flu season more than 173 million Americans have undergone vaccination against the flu.
Read Full Story
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Reported by:
Robert Lee
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News Link • Biofuel
Gardening Enthusiast Shows How to Make Cooking Gas from Food Scraps...
03-12-2020
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https://needtoknow.news, Gardenerd
HomeBioGas is a bacteria digester that transforms organic waste such as food scraps and manure into methane gas for cooking. It also produces liquid fertilizer as a byproduct. The device needs a warm climate for bacteria growth. -GEG
Read Full Story
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Reported by:
Robert Lee
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News Link • Movies
News Documentary Compares Homeless Policies in 3 Cities: Seattle, San Francisco and Los Angeles
03-12-2020
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https://needtoknow.news, KOMO News
KOMO News produced the documentary 'Seattle Is Dying' that showed how homeless people in Seattle are suffering from drug addiction problems, compounded by criminal justice policies that tolerate repeat offenders.
Read Full Story
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Reported by:
Robert Lee
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News Link • Transportation
Exclusive First Look At Lucid Motors Showroom, Plus CEO Interview
03-12-2020
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https://insideevs.com, Tom Moloughney
We recently found out that Lucid Motors plans to open 9 retail showrooms before the end of 2020. Thanks to our friends over at E For Electric, we now get the chance to see the inside of the very first one.
Read Full Story
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Reported by:
Robert Lee
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News Link • Economy - Recession-Depression
Forget the Oil Prices, the Whole US Dollar Bubble is Deflating (video)...
03-11-2020
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LewRockwell.com - By Peter Schiff
The drop in oil prices is likely to be short-lived, veteran stock broker Peter Schiff told RT, since the deflation of the whole US debt bubble and crash of the dollar will make the prices of oil and other commodities bounce up.
Read Full Story
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Reported by:
Donna Hancock
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News Link • Economy - Recession-Depression
The Rollercoaster Ride Has Begun
03-11-2020
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Minds.com - The Corbett Report
So, are you feeling optimistic about the global economy now? Yeah, neither am I. Here's why: Record-breaking point drops followed by record-breaking point gains followed by yet more dramatic downswings are not the sign of a healthy and happy market
Read Full Story
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Reported by:
Donna Hancock
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| Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom |
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Feature Article • 
Opinion • 
