In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to ride to the rescue, it only succeeded in making matters worse. The government then pulled out all the stops. To our staunchly capitalist leaders, socialism is suddenly looking good.
The financial crisis began in late February, when the World Health Organization announced that it was time to prepare for a global pandemic. The Russia-Saudi oil price war added fuel to the flames, causing all three Wall Street indices to fall more than 7 percent on March 9. It was called Black Monday, the worst drop since the Great Recession in 2008; but it would get worse. Continue reading
Filed under: Ellen Brown Articles/Commentary | Tagged: Andrew Yang, coronavirus, Federal Reserve, Jim Cramer, KfW, Larry Kudlow, People's Bank of China, public banking k collapse, stock market, stock market collapse, Tulsi Gabbard | 46 Comments »
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When Profits and Politics Drive Science: The Hazards of Rushing a Vaccine at “Warp Speed”
More than 100 companies are competing to be first in the race to get a COVID-19 vaccine to market. It’s a race against time, not because the death rate is climbing but because it is falling – to the point where there could soon be too few subjects to prove the effectiveness of the drug.
So says Pascal Soriot, chief executive of AstraZeneca, a British-Swedish pharmaceutical company that is a frontrunner in the race. Soriot said on May 24th, “The vaccine has to work and that’s one question, and the other question is, even if it works, we have to be able to demonstrate it. We have to run as fast as possible before the disease disappears so we can demonstrate that the vaccine is effective.”
If the disease is disappearing of its own accord, why throw billions of dollars at developing a vaccine? The US Department of Health and Human Services (HHS) has already agreed to provide up to $1.2 billion to AstraZeneca and another $483 million to US frontrunner Moderna to develop their experimental candidates. “As American taxpayers, we are justified in asking why,” writes William Haseltine in Forbes. Continue reading →
Filed under: Ellen Brown Articles/Commentary | Tagged: AstraZeneca, bioweapons, CDC, coronavirus, covid-19, DARPA, Imperial College London, Moderna, mRNA vaccines, pump and dump, stealth viruses, stock market, vaccines | 16 Comments »