Trump Tweets “FINALLY, STIMULATE,” for Friday’s Open Thread

Trump Tweets Logo. Image by Lenny Ghoul.

It’s Friday aka Thank Fuck It’s Friday (TFIF).

For TFIF President Impeached has tweeted 6 times and retweeted 1 time.

In his first tweet for Friday sent at 6:22 a.m. D.C. time, President Impeached threw the CDC under the bus in the new blame everyone else for my short comings as a crisis manager game.

From the CDC regarding the H1N1 aka the Swine Flu pandemic of 2009.

From 12 April 2009 to 10 April 2010, we estimate that approximately 60.8 million cases (range: 43.3-89.3 million), 274,304 hospitalizations (195,086-402,719), and 12,469 deaths (8868-18,306) occurred in the United States due to pH1N1. Eighty-seven percent of deaths occurred in those under 65 years of age with children and working adults having risks of hospitalization and death 4 to 7 times and 8 to 12 times greater, respectively, than estimates of impact due to seasonal influenza covering the years 1976-2001. In our study, adults 65 years of age or older were found to have rates of hospitalization and death that were up to 75% and 81%, respectively, lower than seasonal influenza. These results confirm the necessity of a concerted public health response to pH1N1.

CDC. January 2011.

They note that in order to “calculate the burden of 2009 pandemic influenza A (pH1N1) in the United States, we extrapolated from the Centers for Disease Control and Prevention’s Emerging Infections Program laboratory-confirmed hospitalizations across the entire United States, and then corrected for underreporting.”

In an NPR article published on November 26th, 2013, they explain that based on a new report that the World Health Organization’s estimate of 18,449 people killed by H1N1 was really 10 times higher with the virus responsible for the deaths of up to 203,000 people from April 1st, 2009 to December 31st, 2009.

The coronavirus (COVID-19) according to a CDC telebriefing conducted on Wednesday of this week, there were 110,000 cases reported world-wide.

According to the John Hopkins coronavirus resource center, as of Friday the 13th, there are a total of 136,390 cases confirmed worldwide. The global death toll is 5,058 people. Currently in the U.S. there are *1,268 confirmed cases of COVID-19 with a reported *33 deaths.

NBC News reported Friday, after John Hopkins updated their data, that the current total of cases or suspected cases of COVID-19 has surpassed *1,700 in the U.S. with *41 deaths.

*The number difference near as I can gather is based on when the data was published.*

The coronvirus first appeared in China late December 2019, the pandemic is not even 3 months old.

He moves away from driving the bus over the CDC to focus on the economy.

Right, let’s cut payroll tax now, so we have to pay for it in 2021. #Winning.

President Impeached then moves on to pressuring the Federal Reserve to slash interest rates, FINALLY, as well for them to STIMULATE, the economy because reasons…

As the News Blender reported On March 3rd, the Federal Reserve Bank lowered the benchmark putting the rate just below 1.25 percent from 1.75 percent.

CNBC News reported on Thursday that the Fed announced they would be pumping up to $1.5 trillion into the financial system amid economic worry over the coronavirus.

The Federal Reserve stepped into financial markets Thursday for the second day in a row and the third time this week, this time dramatically ramping up asset purchases amid the turmoil created by the coronavirus.

CNBC News. 03/12/2020.

The numbers:

  • the Fed widen the scale for its $60 billion worth of money the Treasury purchases, which to now had been confined to short-term T-bills. (starting 3/11/2020 continuing until April 13th.)
  • The second part of the new operations will see the New York Fed desk offer $500 billion in a three-month repo operation and a one-month operation. The offerings will happen on a weekly basis through the remainder of the program.
  • the Fed will continue to offer at least $175 billion in overnight repos and $45 billion in two-week operations. Repos are short-term operations in which financial institutions provide high-quality collateral in exchange for cash reserves they use to operate.

CNBC News reported on Friday that the Federal announced Friday that “The New York Federal Reserve will begin buying Treasurys across the yield spectrum as part of its efforts to help the financial system through the coronavirus scare.”

The schedule for Friday’s operations looks like this:

    null
  • About $4 billion each in 20- to 30-year purchases from 10:30-10: 45 a.m. ET.
  • About $5 billion in the 7- to 20-year space from 11:15-11:30 a.m. ET.
  • About $8 billion in the 4.5- to 7-year sector from 12:45-1 p.m. ET.
  • About $8 billion in the zero- to 2.25-year sector from 1:30 to 1:45 p.m. ET.

The Federal Reserve Bank will meet March 16th, and 17th, and is expected to announce the lowering of the benchmark interest rate to zero.

After he supported more debt for the taxpayer, President Impeached focused on how it’s his immigration policy responsible for the U.S. only having 40 deaths related to the coronavirus.

via GIPHY

President Impeached moves on from wanting praise for a low death toll regarding the coronavirus to announce his intent to hold presser.

It’s being reported by multiple sources that he’s expected to declare an emergency regarding the U.S. coronavirus outbreak.

For What It’s Worth: Just prior to his presser announcement the Stock Market had gained over 700 points, currently the market is hovering around a 400 point gain, after closing more than 2,000 points down on Thursday.


This post might be updated within reason.

This is an Open Thread.

Happy Friday 13th, y’all!

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About Tiff 2086 Articles
Member of the Free Press who is politically homeless and a political junkie.