As the COVID-19 coronavirus has provided a political lever to for all purposes stop the economy, there will be an ongoing impact with many other industries. Since a recession has started, I warned that housing would be hit very hard, with results as potentially bad or worse than what happened in 2007 and 2008. Now […]
The Latest News from the Shoebat Foundation
New York State Shuts Down As Governor Orders All Non-Essential Business Closed, Veritable Public Shut Down
New York State Governor Cuomo has ordered all non-essential business to close completely, and while saying that he is not enforcing a “quarantine in place” regulation, he is ordering people to keep away from each other in a veritable self-quaranting according to CNBC. New York Gov. Andrew Cuomo ordered non-essential businesses to keep 100% of […]
Republicans Prepare To Give A “Trump Stack” To Americans Earning Under $75,000
Forget about Obama phones, it is the age of the “Trump stack”, or a government check paid out to people according to a deal reported on by US News, would pay people who earn less than $75,000 per year a check of $1,200 USD to help them with the economic effects of the COVID-19 virus. […]
US Extends Tax Filing Deadline To July 15
The effects of the COVID-19 virus, real or perceived, have been used to push major changes to American life. One of those pertains to taxes, as the IRS has extended the tax filing deadline to July 15th the Wall Street Journal reports. The U.S. is extending the April 15 tax-filing deadline to July 15, giving […]
California Predicts That Fifty-Six Percent Of The State Will Be Infected With COVID-19
The current spread of COVID-19 has spread to many people around the world, and according to the State of California, they are estimating that fifty-six percent of California residents will be infected with the illness. California Gov. Gavin Newsom (D) said in a letter to the Trump administration that 56 percent of the state’s population […]
Bank Of America Declares The Recession Is Here And Jobs Will Be Destroyed
I warned this would be coming. I started saying in 2018 that there would be about five years until a major recession hits the country because the economy was very weak and the fundamentals were crumbling because they never healed from 2007. I said it would be awful, and far worse than before. Almost nobody […]
Will The Military Be Used For Law Enforcement In The US?
According to the Army Times, the situation of the COVID-19 virus has seen deployments of the national guard, prompting concern that they may be called up to police the streets. The National Guard is expecting a rapid increase in unit activations over the next few weeks, leaders said at the Pentagon Thursday, filling roles like […]
China Reports No New COVID-19 Cases
In a story coming out of NBC News, China has reported no new COVID-19 deaths. For the first time since the outbreak began, China’s National Health Commission on Thursday morning reported no new domestic cases of the coronavirus illness COVID-19. The numbers from Wednesday on mainland China include 34 new confirmed cases, but the health […]
Kenya Economy Grinds To A Halt Due To COVID-19
Economies around the world are being seriously affected by the spread of COVID-19. The east African nation of Kenya is one of those suffering, as market closures have seriously impacted her agricultural sector, which she relies on for her economy according to Business Daily. The coronavirus outbreak has brought Kenya’s horticulture sector to a standstill […]
Ten Thousand Sodomites Potentially Exposed To COVID-19 Coronavirus At Massive Pride Party
A sodomite pride parade ended in a flaming disaster after it was discovered that ten thousand people may have been exposed to the COVID-19 coronavirus at it. The Winter Party Festival, an annual, weeklong LGBTQ event held in Miami, drew thousands from across the country when it kicked off earlier this month. But though it […]
Nigel Farage Declares The “West” Needs To “Rethink” Her Relationship With China
The British politician and provocateur Nigel Farage has declared in an article in Newsweek that the “West” needs to “rethink” its relationship with China after the COVID-19 epidemic. The West’s supply chains have become too dependent on China.To see China now exploiting a crisis that they have caused to spread their influence further and deeper […]
Jobless Claims Have One-Third Increase To 281,000 In One Week
The current epidemic of COVID-19 has caused a significant rise in jobless claims, rising in one week from 211,000 to 281,000, or a one-third increase in a week according to CNBC. Jobless claims rose to 281,000 last week, reflecting only the first indications of the impact the coronavirus will have on the U.S. employment picture. […]
Will Trucking Come To A Major Slowdown Because Of COVID-19?
The current epidemic with COVID-19 has caused many challenges, but according to the Wall Street Journal, one of the biggest challenges yet may transpire, which is that it is threatening disruptions to the trucking industry in the supply chain. Truckers are trying to navigate growing challenges on highways and at loading docks as they seek […]
Lets Talk About The Possibility Of 5 Million Americans Dying From Coronavirus
By Theodore Shoebat Lets talk about the coronavirus possibly killing millions:
The United States Currently Does Not Have Enough Life Saving Ventilators To Handle A Mass Infection Of Coronavirus
By Theodore Shoebat As some European countries are rushing to manufacture more life saving ventilators to deal with coronavirus infection, the United States does not have enough and is presently sluggish in getting more. As we read in a report from the New York Times: As the United States braces for an onslaught of coronavirus cases, […]
The US Was A Lot Slower Than Other Countries In Producing Covid-19 Tests
By Theodore Shoebat The US was a lot slower than other countries in producing Covid-19 tests, as we read in a recent report from Business Insider: After President Donald Trump declared a national emergency during a press conference on Friday, he declined to take responsibility for the US’s persistent delays in administering tests for COVID-19, the disease caused […]