🌞 New Permanent Stimulus – March 03 2021

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Happy Wednesday.

This video of two specially-abled persons in India spinning a ball has gone viral overnight. It’s easy to see why.


In Case You Missed It:

🚀 At least 10 rockets targeted a U.S. airbase in Iraq.


🛑 Neera Tanden has withdrawn from her nomination as President Biden’s pick as director for the White House Office of Management and Budget after Republicans opposed her confirmation due to controversial Tweets.


🧨pipe bomb was found at a school district election in Iowa. Thankfully no one was hurt.


📱 A new study shows that young people are addicted to their smartphones and it is negatively affecting their sleep. Duh.


🇬🇧 The BBC has apologized for airing an interview with a Senator Cory Booker impersonator, thinking it was the real Senator Booker.


Coronavirus Update: 😷 Total confirmed cases as of 2:30 p.m. ET on Tuesday: 28,678,537 — Total deaths: 515,337— Total tests: 351,801,124


  • Texas Governor Greg Abbott has declared the pandemic over in his state. He will lift all capacity restrictions and mask mandates and open the state 100% on March 10.
  • President Biden expects to have the Covid vaccine available to all adults by the end of May.
  • In New York, Governor Andrew Cuomo launched a program that would require a Covid passport to enter public places such as theaters and sports stadiums. The passport would either show that a person has been vaccinated or had a negative Covid test.
  • Smokers in Illinois are now eligible for the Covid vaccine because they are considered “high risk.”

Today’s Live Show


Youtube

Youtube


BREAKING Stimulus News! Dems Call For RECURRING Monthly Checks in New Plan


Youtube

Youtube

Join us on today’s live morning show. We’ll be analyzing the new Bernie Sanders-led push for recurring stimulus checks that would be tied to current economic conditions. We will analyze all the details. Click here to RSVP and I’ll see you at 9 AM Eastern.

INTEREST RATES

 
CONFORMING LOAN
Program Rate Change APR Change
30 year 2.91%  0.03%  2.97%  0.03%
15 year 2.26%  0.02%  2.36%  0.03%
 

The Lead: Progressives Push Biden on New Stimulus


credit: getty

A group of 10 Democratic senators is asking President Biden to work on a stimulus after the stimulus. They want a permanent solution – not another stand-alone package that has to go through the congressional rigamarole.


President Biden’s $1.9 billion relief package seems likely to pass in the coming days but it too will run out, most likely before the pandemic is over. The new proposal from Democrats involves permanently recurring stimulus and unemployment payments, much like universal basic income. This group is done fooling around, one stimulus at a time. They’ve been at it for almost a year! Enough already!


The Senators that signed this request include Ron Wyden, Cory Booker, Bernie Sanders, Sherrod Brown, Elizabeth Warren, Alex Padilla, Michael Bennet, Tammy Baldwin and Kristen Gillibrand.


Who knows how far this will go. Other Democrats don’t seem enthused and the President has not shown an appetite for it either. Maybe they just like all the drama.

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Navalny’s Long Harsh Winter


The prison where Alexei Navalny is being held. A notoriously harsh prison feared by inmates credit: getty

The Biden administration is exercising influence over Russia due to the imprisonment of Alexei Navalny. Navalny is Russian President Vladimir Putin’s number one political opponent. The Russian state tried to assassinate him last year and when that didn’t work, he was arrested and sent to the most feared prison in Russia. Coincidence?

Sanctions are a government’s only way to hold sway over another sovereign nation. The Russian sanctions announced Tuesday are against seven senior Russian officials. They also impose restrictions on exporting certain entities related to chemical and biological weapons.


Europe Too

The European Union has exerted similar sanctions against Russia. This marks the first time that the U.S. has shown a willingness to make a move against Russia in a very long time. Despite intelligence that the Russian state has been acting against Navalny, former President Trump refused to exert any condemnation on the country.

Trump To Be Re-Inaugurated Tomorrow?


credit: getty

Conspiracy theorists from the QAnon group think that tomorrow, March 4, is the real Presidential inauguration day.


As the story goes, the United States secretly became a corporation in 1871, meaning that all Presidents since have been illegitimate. They think that this somehow means that the country will revert to the old inauguration date of March 4 starting tomorrow and the President we will be inaugurating is Donald Trump. For his first legitimate term or his second illegitimate one? The logic is not clear on that bit.


Law enforcement has been keeping an eye out for more protests like the January 6 riots but they do not expect any major unrest tomorrow.


QAnon lost a lot of steam after the January 20 inauguration of President Biden, which they insisted would not happen. Some are now holding out that March 20 will be the next real inauguration date.

News By The Numbers


robinhood CEO vlad tenev credit: ap

50. That is how many lawsuits stock trading platform Robinhood is facing due to its actions in preventing users from buying GameStop stock when it was rising. More are expected.


6. That is how many Dr. Seuss books will no longer be published due to racist imagery or content. The decision was made by the business that controls the author’s estate and works. Don’t worry, “The Cat in the Hat” and “Oh, The Places You’ll Go!” are not amongst them. 98 and ¾ percent guaranteed! 


-79 degrees Fahrenheit. That is the temperature in Vostok, Antarctica, one of the coldest places on Earth right now. And you thought you’ve had a hard winter!


£182 million. That is how much one British couple thought that they won when their winning numbers came up in the lottery. They did not win this money however.


The autopay for their weekly lottery ticket was not completed due to insufficient funds in their online account.

The e-Learning Divide


giphy.gifcredit: savethechildren.org

A new study shows that e-learning is comparable to in-person learning for medical students. That’s nice for adult students but children are not doing nearly as well from remote learning.


Save the Children published data showing that 17 million American children are struggling with hunger, at least one out of four children do not have what they need for remote learning, and 69% of families are struggling to make ends meet. Currently, the hunger rate for children is three times higher than it was during the Great Depression!


Data shows that Texas, Mississippi, and Louisiana are the worst states for children during the pandemic. Meanwhile, Minnesota, Utah and Washington are the best.

Notably, the states that were the worst for children were not the states with the worst Covid cases. In fact, Utah, North Dakota and South Dakota had some of the country’s highest infection rates but still scored high for protecting their children. “Meanwhile, New York and West Virginia have had relatively low cases of the disease, yet much more suffering among children and families, compared to other states,” says the report.

That’s How The Infrastructure Crumbles


giphy.gifcredit: st. louis post dispatch

Infrastructure in the United States gets a C- from the American Society of Civil Engineers. This grade sucks but it is better than the D+ we got in 2017.

By infrastructure, the report refers to roads, buildings, utilities, transportation. You know, the things that make a society a society. The 170-page report concluded that the country faces a $2.59 trillion shortfall in infrastructure needs but former Presidents Obama and Trump were unable to earn congressional approval to pay for any of this.


Even though the average grade has gone up, 11 out of 17 categories still earned a D including, “aviation, dams, hazardous waste, inland waterways, levees, public parks, roads, schools, stormwater, transit, and wastewater.”


Wow. We knew this but now we really know it and that feels terrible. President Biden will meet with lawmakers on Thursday to discuss possible action.

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