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Good Thursday Morning.

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In Today’s Newsletter:

  • YouTube deplatforms a slew of independent news channels
  • The GOP wants cake that it can eat too
  • Britain experiences Brexit pains


Program Rate Change APR Change
30 year 2.65%  0.05% 2.70%  0.04%
15 year 2.13%  0.09% 2.22%  0.09%

In Case You Missed It

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🩱Facebook post from an Australian nurse group has gone viral because it shows a child in blue swimwear nearly invisible at the bottom of the pool. The group asks parents to avoid blue bathing suits for this very reason. Yikes!

⚖️ Former Trump advisor Steve Bannon may face New York State charges for the federal charges he was already pardoned for.

🔥 The CEO of Parler says that he has been fired.

🏟 People are calling for the resignation of the head of the Tokyo Olympics Organizing Committee because he resisted putting more women on the board, saying that they talk too much in meetings. He is refusing to resign.

🚔 A former police officer has been indicted with the fatal shooting of Andre Hill, a Black man who was shot in his garage.

🇦🇺 President Biden met with Australian Prime Minister Scott Morrison to discuss how to deal with the Myanmar coup.

Coronavirus Update: 🗣 Total confirmed U.S. cases as of 2 p.m. ET Wednesday: 26,478,930 — Total deaths: 448,337 — Total tests: 307,405,946

  • The Better Business Bureau is asking people not to share photos of their Covid vaccine card on social media because it has personal information that could make them susceptible to scams. 
  • The UK is going to study the effects of mixing Covid vaccines. Excuse me while I DON’T sign up for that clinical trial. 
  • The CDC is recommending that schools can re-open safely without vaccinating teachers. 
  • France has mandated that all of its overseas territories suspend tourism indefinitely due to the pandemic. No St. Barts for you this year, Beyoncé! 

The Lead: Covid Relief Plan

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President Biden’s $1.9 billion Covid relief package passed the House of Representatives on Wednesday with a 218-212 vote. It now moves to the Senate for a vote. If it passes, it will have to pass another vote on budget reconciliation in both chambers. So many hurdles but one cleared.

Republicans are united in voting against this due to the high price tag. Recall they pitched a lighter version of a relief package to President Biden on Monday but it was pretty dead on arrival. It has not been formally proposed for a vote in either legislative chamber.

President Biden’s plan includes $1,400 in one-time stimulus funds directly to the American people, in addition to $400 per week in extra unemployment funds. Democrats need at least 10 Republican Senators to pass the bill under normal vote process, which is pretty unlikely.

The President has said that he will do it the nice way, lobbying for votes but if that doesn’t work, he’ll use his executive powers to put the plan in place.

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YouTube Censors Indie News Channels

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Something is amiss with YouTube. The company has removed videos from a U.S. Senate testimony regarding early Covid treatments, claiming that they contain misinformation. It has also flagged smaller channels that shared the video.

In the testimony from December, Dr. Pierre Kory, a critical care specialist, claims that the drug ivermectin has been used successfully to prevent Covid infection.

Ivermectin is cheap and widely available, unlike the Covid vaccine. Dr. Kory referenced a study in Argentina where 800 health-care workers took ivermectin and none of them were infected with Covid. In the same study, 400 health-care workers did not take the drug and 58% of them were infected.

Dr. Kory is asking the National Institutes of Health to review this evidence and reconsider its guidance against ivermectin. For context, ivermectin has been used since the 1980s to prevent and treat paracistic infections and is listed by the WHO as an essential drug. The NIH did change its recommendation in January to say that there is “insufficient data,” which is just a hair above “against.”

Is ivermectin a preventative for Covid? We can’t say. We’re news people, not medical people. But is it for YouTube to decide that people should NOT hear about this? Whyyyyyy are they doing this? The Wall Street Journal put it aptly:

The censors at YouTube have decided for all of us that the American public shouldn’t be able to hear what senators heard. Apparently they are smarter than medical doctors who have devoted their lives to science and use their skills to save lives. They have decided there is only one medical viewpoint allowed, and it is the viewpoint dictated by government agencies. Government-sanctioned censorship of ideas and speech should frighten us all.

It does.

News By The Numbers

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81. That is how many people were sent home at an orgy in France because they were violating Covid curfew rules. Authorities say that they were also violating mask and social distancing rules.

174,000. That is how many jobs were added by private companies in January, more than tripling the Dow Jones estimate of only 50,000.

$3.6 billion. That is how much Apple will invest in Kia motors to make an electric car, according to Bloomberg.

13,000. That is how many layoffs American Airlines is planning to make if summer travel does not rebound. United Airlines gave a similar forecast with 14,000 jobs at stake. 

Today’s Live Show

Are you going to be in our audience this morning watching our live show? I hope so. Please be sure to say hello in our live chat and let me know you received the newsletter. Be sure to join at 9 AM Eastern where we’ll deep dive the latest on $1,400 stimulus checks, minimum wage, and the fate of Majorie Taylor Greene. Set a reminder right here.

Republican Reckoning

giphy.gifliz cheney and marjorie taylor greene credit: getty

The Republican Party voted to keep Repblican Representative Liz Cheney in leadership on Wednesday. The House will vote in a similar measure about Representative Marjorie Taylor Greene later today.

These two ladies have been under fire for a variety of nonsensical things. Cheney opposed the November Presidential election. Greene did the same but has also promoted conspiracy theories saying that mass shootings at schools were fake, the California fires were started by Jewish space lasers, and she has advocated for assisination of top Democrats. The House held a hearing to discuss removing her from Committees and it will be put to a vote today.

While House Republican Leader Kevin McCarthy has said that while he does not fall in line with these beliefs, he does not want his Representatives dethroned. He is trying to strike a deal with Democrats offering to demote Greene from the Education and Labor committee and instead putting her on the Small Business committee. Democrats said, “No thank you.” They want a full House vote to bar her from all committees and they will get it today.

Look, she says crazy things but the Georgia voters knew that. They elected her anyway. Is it for Congress to strip elected officials of their leadership? This is a tricky and upsetting one. 

Native American Deaths Outpace White Americans

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A new report shows that Native Americans are dying at twice the rate of white Americans from Covid. This comes from research by APM Research Lab. 

One in every 825 white Americans has died from Covid, a shocking enough statistic. But not shocking enough when you compare it to one in every 475 Native Americans.

Why is this happening? Tribal leaders point to income inequality and substandard medical resources for lower-income Native Americans. By contrast, the Cherokee Nation in Oklahoma has a relatively good health care system with active public testing and contact tracing. That tribe has fared much better as a result with a relatively low death count.

Native Americans show a higher willingness than the general population to take the vaccine. Roughly 75% say that they will take it when offered, compared to 56% of the general population. 

Britain Made Its Bed 🇬🇧

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Britain is having a hard time with international business due to Brexit. Now the UK has asked the European Union for a grace period that would help imports and exports move more smoothly through 2023.

Goods moved across the Britain/Northern Ireland border are stockpiling because Northern Ireland is still a part of the European Union. Now goods must be checked and taxed as they cross this border and that has created much-anticipated pain. It’s almost as if they did not have four years to plan this… 

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