Updates about the COVID-19 virus

I wanted to note a few things that I reviewed today about the COVID-19 virus.
One thing that I want to emphasize, is Ron Paul’s warning that the US government, as well as other governments, have sort of a “perfect storm” in that they have plenty of reason to capitalize on the fear and gain for themselves more power. This must be examined and appropriate measures should be taken to address this if Ron Paul is correct.
Reference:

https://www.facebook.com/ronpaul/videos/656748105081884/
(this is probably on youtube as well)

Ron Paul who is a long time medical doctor would have to explain his reasoning for saying what he said in that video. I suspect that he is more accurate than one may suspect, he has a habit of being correct about things like this.

The second issue I wanted to talk about is President Trump’s proposal to give struggling family’s $1000 for each adult to add stimulus to the economy during the Corona Virus hysteria.
I will say a few things. First, Bankers just got somewhere in the neighborhood of $700,000,000,000 ($700 Billion) dollars from the federal reserve, as I understand it and other money from the government, once again called “Quantitative Easing”. If these folks need that money so much, then I believe they need it no less than the rest of the country. Ron Paul would say “let the banks fail, that is how the market works”. It’s true, poor performers or those who take risks and lose, pay the price by going out of business. It makes sense and gives other banks a reason to do things right.

This is what is being proposed for cash payments to needy families during this crisis.

$1000 one time payment per adult
$1000 per adult per month during the crisis
Up to $4000 per family.

It appears to have support from both sides of the isle.

Reference:

https://thehill.com/homenews/senate/487939-gop-sen-cotton-calls-for-monthly-cash-payments-to-americans-during

Reference:
https://www.buzzfeednews.com/article/salvadorhernandez/coronavirus-trump-mnuchin-1000-check-economy

Reference:
https://www.foxnews.com/media/geraldo-rivera-give1000-dollars-every-american-coronavirus-economy

I would rather end the Federal Reserve or the IRS. Or both hopefully. But until then, it doesn’t hurt to get a bonus refund on your taxes!