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    Daily Digest 12/1 – U.S. Briefly Became Net Petroleum Importer This Year, Bitcoin peaks at record high close to $20,000

    by Daily Digest

    Tuesday, December 1, 2020, 3:27 PM

Economy

Shop Small gets smaller in Illinois, with 11,200 fewer shop owners (thc0655)

After Black Friday comes Small Business Saturday, when Americans are encouraged to support their local retailers. But there will be over 11,200 fewer Illinoisans running retail stores on Nov. 28, thanks to COVID-19 and state-mandated lockdowns.

And when it is time to take a shopping break to eat and drink, there will be nearly 17,600 fewer Illinois bar and restaurant owners to serve you.

Unemployment benefits drop below poverty line in 13 states

Unemployment insurance benefits for Americans in 13 states dipped below the poverty line after the extra $600-a-week in federal aid expired at the end of July, according to a new report from the Government Accountability Office.

The $2.2 trillion CARES Act that Congress passed in March boosted jobless aid by $600 a week for laid-off workers.

CDC to release revised guidance reducing COVID-19 quarantine time from 14 days to 7-10

The Centers for Disease Control and Prevention is expected to release revised guidance on quarantine time for those who may have been exposed to the novel coronavirus from 14 days to 7 days, for those who have received a negative test, and 10 days for those who have not been tested, Fox News has learned.

Bitcoin peaks at record high close to $20,000

It took the virtual currency nearly three years to top its previous record, when it peaked about $137 lower.

Bitcoin has risen in value by more than 170% since the start of the year. Analysts suggest some investors have treated it as a “safe haven asset” at a time of uncertainty caused by the coronavirus pandemic, but others warn that it remains volatile.

Fed Economists Warn of Debt Overhang Problem From Covid Crisis

The Covid-19 crisis could be worse than the Great Recession for companies that had high levels of indebtedness at the start of the outbreak, according to economists at the Federal Reserve Bank of New York.

Firms in industries most affected by the pandemic such as tourism, travel and hospitality could grow as much as 10% more slowly than in ordinary times if the current crisis plays out in a similar way to the economic decline of 2007 to 2009, Kristian Blickle and João Santos wrote in a blog post on Tuesday.

S&P 500, Nasdaq clinch record closes on renewed hopes for fiscal aid package

U.S. stocks ended higher Tuesday, beginning the month on a positive note amid hopes Congress could make progress towards a new coronavirus aid package.

Equities are aiming to build on a historic November rally that was ignited partly by optimism over progress toward a COVID-19 vaccine to quell the pandemic that caused a recession this year.

Energy

U.S. Briefly Became Net Petroleum Importer This Year

The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil and refinery output slumped at the start of the pandemic, the Energy Information Administration (EIA) said on Tuesday.

The decline in U.S. crude oil production and the lower refinery runs resulted in a decline in America’s gross crude oil and petroleum product exports.

New Study Links Texas Oil Refineries To Elevated Cancer Risk

People who live close to oil refineries are at increased risk of cancer, a new study from the University of Texas Medical Branch (UTMB) has found.

Proximity to an oil refinery was associated with an increased risk of multiple cancer types, according to the conclusions of the multi-year study completed by a team of physicians, environmental scientists, and students at UTMB.

Gold & Silver

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9 Comments

  • Wed, Dec 02, 2020 - 8:57am

    #1

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 313

    1

    Dismissal of Lawsuit Challenging Commercial and Residential Protection Laws During COVID-19 Pandemic 

    New York, NY – The City Council won a legal challenge to several bills designed to protect residential and commercial tenants during the pandemic. The lawsuit was brought by landlords who argued that the three bills, which were part of a COVID-19 relief package for New Yorkers, violated their constitutional rights.

    https://mailchi.mp/council/rentprotection?e=575199e53e

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  • Wed, Dec 02, 2020 - 12:51pm

    #2
    westcoastjan

    westcoastjan

    Status: Silver Member

    Joined: Jun 04 2012

    Posts: 529

    1

    BC covidiots rising....

    Coronavirus: ‘Healthy’ B.C. family posts ad requesting exposure to COVID-19

    Hard to believe some folks do these dumb things instead of educating themselves properly.

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  • Wed, Dec 02, 2020 - 2:25pm

    #3

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2245

    4

    Looking ahead to 2021

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  • Wed, Dec 02, 2020 - 7:20pm

    #4
    ao

    ao

    Status: Platinum Member

    Joined: Feb 04 2009

    Posts: 1461

    8

    arrested for not wearing a mask

    A 43 year old single mother in our church with medical issues that make mask wearing problematic was arrested today when she refused to wear a mask when entering a local medical facility for tests for her one daughter.  She offered alternatives like wearing a face shield but they were not acceptable.  She was cuffed in front of her two children and placed in the back of a patrol car.  She was finally released with a court date.  She has essentially zero financial resources to pay fines or court costs or hire an attorney.  She was told if she came back without a mask, she would be jailed.

    I was doing fine psychologically up until today but the insanity of all this is beginning to get to me. 

     

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  • Wed, Dec 02, 2020 - 8:21pm

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 313

    3

    000 said:

    Where, when, who?

    I should like to point out that it is easy to put on some BS mask and breath just fine. At this time the social signaling is more important than any reality of safety. I too must walk without a mask because I get faint but I always have a mask (I have (BS) blue splash, N95, N100) in my go bag, which goes with me everywhere. One needs to be smart and compassionate about what others are experiencing. People I pass, just today, who freak out don't seem to care if I tell them that I'm not infectious, they want to see a mask, any mask. In the end, "I have seen the enemy and it is us".

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  • Thu, Dec 03, 2020 - 9:31am

    #6

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2245

    4

    He seems nice and he is concerned about some big problems

    https://www.breitbart.com/environment/2020/12/03/u-n-chief-guterres-demands-the-world-reset-to-forestall-a-climate-apocalypse/

    Nature is determined to destroy humanity through flood, famine, fire, and pestilence, U.N. Secretary-General Antonio Guterres declared Wednesday, prophesizing the time has come for us to repent and mend our ways through a great climate and economic reset.

    In an address at Columbia University in New York City, Guterres said the global climate has long been “reacting” to man-made changes, but emphasized there’s still time to prevent a total biodiversity collapse if we fall in behind the U.N. and its multiple agencies.

    “Humanity is waging war on nature,” the Portugese socialist said. “This is suicidal. Nature always strikes back — and it is already doing so with growing force and fury.”

    Guterres’ remarks begin a month of U.N.-led climate actions and came 10 days before its climate summit on Dec. 12, which is the fifth anniversary of the Paris Climate Accords.

    He declared companies must adjust their business models for a green economy, and that means making carbon-free investments and follow the plans for recovery as laid out by the globalist organization.

    “Biodiversity is collapsing. One million species are at risk of extinction. Ecosystems are disappearing before our eyes. Deserts are spreading. Wetlands are being lost. Every year, we lose 10 million hectares of forests,” he said.

    “Oceans are overfished — and choking with plastic waste. The carbon dioxide they absorb is acidifying the seas. Coral reefs are bleached and dying. Air and water pollution are killing nine million people annually — more than six times the current toll of the [coronavirus] pandemic.”

    Guterres said instead of looking to a return to “normal,” the world should take advantage of the “pandemic reset” to create “a more equitable and just world.”

    The problems are mostly real, but I’m not onboard with giving the global elite the centralized global power to remake the world in their image. After all, who led us into this crisis?

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  • Thu, Dec 03, 2020 - 3:35pm

    #7
    Chris Martenson

    Chris Martenson

    Status: Platinum Member

    Joined: Jun 07 2007

    Posts: 5600

    6

    Come to Youtube channel tonight (12/3) at 7:00 pm for the premier!

    Tonight's video will be premiering at 7:00 EST.  Why watch during a premier?  Well, for starters I'll be there in the chat window interacting with the chatters.  Second, it's fun to be part of something with a 'live' feel like that.

    The subject is the latest data on Ivermectin.  I go so far as to state that any MD *not* using or prescribing it for Covid is engaging in malpractice.  There's no hiding this magic drug any longer.  It's time has come and any who stand against it will simply be revealed as evil hacks and frauds.

    Yes, I feel pretty strongly about it.  🙂

     

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  • Thu, Dec 03, 2020 - 6:46pm

    #8
    ao

    ao

    Status: Platinum Member

    Joined: Feb 04 2009

    Posts: 1461

    1

    megadose of vitamin C and synergism

    Here's an interesting story from the Australian news about a megadose of vitamin C for treating a serious ill COVID19 patient.

    https://www.abc.net.au/news/2020-12-03/mega-dose-of-vitamin-c-treats-sepsis-florey-institute-austin/12939202

    The more I've been studying about food interactions and drug interactions, the more that I am realizing that very often there can be synergistic effects where 1+1=3. It makes me wonder if combining Ivermectin with megadoses of vitamin C could be even more powerful than either treatment individually.

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  • Fri, Dec 04, 2020 - 2:36pm

    #9

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 313

    1

    Bill Title: Minor Consent for Vaccinations Amendment Act of 2019

    https://legiscan.com/DC/text/B23-0171/id/1948361

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