Dow tumbles 900 points for worst day of
year on fears of new Covid variant, S&P
500 drops 2%
Posted By: Dreadnought, 11/26/2021 1:26:33 PM
U.S. stocks dropped sharply on Friday as a new Covid variant found in South Africa triggered a global shift away from risk assets. The Dow Jones Industrial Average dropped about 905 points, or 2.5%, for its worst day of the year, while the S&P 500 and Nasdaq Composite slid 2.3% and 2.2%, respectively. The Dow was down more than 1,000 points at session lows. Friday is a shortened trading day because of the Thanksgiving holiday with U.S. markets closing at 1 p.m. ET. The downward moves came after WHO officials on Thursday warned
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Dreadnought"
South African Medical Head Says You May
Want to Slow-Roll the Panic Over New Omicron Variant 28 replies
Want to Slow-Roll the Panic Over New Omicron Variant 28 replies
We reported on the announcement of a new COVID variant which they are now calling the Omicron variant.
The variant was just discovered this week, but already you can hear the race to paint it in the worst light possible, suggesting that there was a lot to be concerned about because it was “heavily mutated,” that immunity and the vaccines might not protect against it. We saw the Dow take a huge plunge immediately after, likely in part because of thinking that this news could lead back to more government restrictions and problems.
The Biden administration reacted in a chaotic fashion. First, Dr. Anthony Fauci said
Towering Musical Theater Master, Broadway’s
‘West Side Story’ Lyricist, Stephen
Sondheim Dies at 91 8 replies
‘West Side Story’ Lyricist, Stephen
Sondheim Dies at 91 8 replies
New York — Stephen Sondheim, the songwriter who reshaped the American musical theater in the second half of the 20th century with his intelligent, intricately rhymed lyrics, his use of evocative melodies and his willingness to tackle unusual subjects, has died. He was 91.
Sondheim’s death was announced by Rick Miramontez, president of DKC/O&M. Sondheim’s Texas-based attorney, Rick Pappas, told the New York Times the composer died Friday at his home in Roxbury, Connecticut.
Sondheim influenced several generations of theater songwriters, particularly with such landmark musicals as “Company,” “Follies” and “Sweeney Todd,”
Democrats have long wanted the government to parent or co-parent your children, so it shouldn’t surprise anyone that President Joe Biden said the quiet part out loud Monday night. Is the administration upset that you might be spending too much time with your family?
The statement is also rather vague.
The “nearly 2 million” number, I assume, represents the 1.8 million-woman reduction in our labor force during the COVID-19 pandemic.
But it’s untrue to claim this loss is only due to women leaving work to care for a family member. There are myriad reasons why the pandemic and government-induced shutdowns could have diminished the female workforce.
I reported earlier today on the announcement about the new COVID variant out of South Africa that immediately had some freaking out because it was supposedly “heavily mutated” and that the spike protein was “dramatically different.” That raised questions about whether immunity and the vaccines would be protective against it. There were also suggestions that it was “highly contagious among young people.” So, it seemed obvious they were gearing up to go crazy over this again.
Then we reported on Dr. Anthony Fauci claiming they needed more time and information to decide on whether they needed to be talking about travel bans, that they wouldn’t be implementing a travel ban yet.
The World Health Organization (WHO) announced Friday that it would classify the new B.1.1.529 COVID-19 strain as a "variant of concern," and labeled it with the Greek letter "omicron."
WHO made the announcement after an emergency meeting of its Technical Advisory Group on SARS-CoV-2 Virus Evolution. President Biden was briefed Friday on the new variant, the White House said. "The B.1.1.529 variant was first reported to WHO from South Africa on [Nov. 24, 2021]. The epidemiological situation in South Africa has been characterized by three distinct peaks in reported cases, the latest of which was predominantly the delta variant," the WHO explained. "In recent weeks, infections have increased steeply,
Dow tumbles 900 points for worst day of
year on fears of new Covid variant, S&P
500 drops 2% 14 replies
year on fears of new Covid variant, S&P
500 drops 2% 14 replies
U.S. stocks dropped sharply on Friday as a new Covid variant found in South Africa triggered a global shift away from risk assets.
The Dow Jones Industrial Average dropped about 905 points, or 2.5%, for its worst day of the year, while the S&P 500 and Nasdaq Composite slid 2.3% and 2.2%, respectively. The Dow was down more than 1,000 points at session lows. Friday is a shortened trading day because of the Thanksgiving holiday with U.S. markets closing at 1 p.m. ET.
The downward moves came after WHO officials on Thursday warned
Most of the other 45 Senate Democrats must wonder how Saule Omarova got nominated to a high-ranking Treasury position in the first place. Joe Biden’s choice for Comptroller of the Currency advocated as last as this fall to nationalize banking and put government in control of private capital. Omarova tried dancing around her earlier positions by claiming they were “academic” exercises, but Pat Toomey blew up that argument last week: So did Tim Scott, who spent his entire five minutes quoting from Omarova’s writings — not from a foolishly idealistic youth, but again as recent as this year: At the time, I wondered how long centrist Democrats would stand behind
Joe Biden has spent months pitching class warfare against the rich and in particular, against billionaires, incessantly demanding that they “pay their fair share” in taxes. This, despite the fact that the top 1 percent pay 40 percent of all the taxes and the top 10 percent pay about 71 percent of all the taxes. After preaching that division and making it harder on Americans to afford their Thanksgiving meal (not to mention most other expenses), Biden then trundled off to stay at private equity billionaire David Rubenstein’s compound for his Thanksgiving celebration on Nantucket. He doubtless doesn’t care
Throughout the summer of 2020, the United States was wracked by civil unrest, unlike anything we had witnessed since the mid-1960s when the anti-war movement and militant elements of the Civil Rights Movement created a perfect storm of riots bordering on outright insurrection on campuses and in city streets. The two periods have more than a superficial resemblance. In both cases, social unrest, based on real or imagined grievances, was translated into street protests. In both cases, a hyper-violent fringe element attempted to create havoc to draw law enforcement into open conflict with the demonstrators. If you’ve studied communist National Liberation Movements and Maoist
When is a racial hate crime not a racial hate crime? When it doesn’t advance the left’s, and the Democrats’, narrative.
When white teenager Kyle Rittenhouse shot three white men who were violently assaulting him, it somehow got treated by the press and politicians as a racial hate crime. President Joe Biden (falsely) called Rittenhouse a white supremacist, and the discussion of his case was so focused on racial issues that many Americans mistakenly thought that the three men Rittenhouse shot were black. But when a black man, Darrell Brooks, with a long history of posting hateful anti-white rhetoric on social media drove a car into
While the news has been inundated with Kyle Rittenhouse trial reactions and the mass murder that took place in Waukesha, Joe Biden’s agenda continues to languish.
After Nancy Pelosi forced through the “Build Back Better” bill last week, the administration is no closer to seeing it come to fruition in the Senate. Multiple things were included in the House version that Joe Manchin has already said represent a redline, including climate provisions and federal funding for abortions.
Now, Manchin is making noise about the current gas-price crisis, and in doing so, he looks to have stumbled upon a major piece of leverage.
Watch – Ahmaud Arbery’s Father Declares
‘All Lives Matter’ After Guilty Verdict
in Son’s Murder 14 replies
‘All Lives Matter’ After Guilty Verdict
in Son’s Murder 14 replies
The father of Ahmaud Arbery declared “all lives matter” shortly after a jury found Travis McMichael, Gregory McMichael, and William Bryan “guilty” of the murder of his son.
Speaking on the steps of the courthouse on Wednesday afternoon, Marcus Arbery said that his son’s murder should not happen to anyone, be they black or white.
“For real, all lives matter,” Arbery said as the crowd, including Rev. Al Sharpton, nodded in agreement. “Not just black children, we don’t want to see nobody go through this.” He went on to say:
I don’t want to see no daddy to watch his kid get shot down like that. It’s all our problem.
Most Active Articles (last 48 hours)
Vice President Kamala Harris and former First Lady Michelle Obama are in the lead for a 2024 presidential run if President Biden decides not to try for a second term, a new Hill-HarrisX poll found. The poll found Harris in the lead among likely candidates, with 13 percent of respondents supporting her. Michelle Obama came in second at 10 percent. All other candidates listed received 5 percent or less support, with most voters surveyed still unsure of who they would back if Biden chose not run. Other candidates in the poll included 2020 presidential hopefuls Bernie Sanders, Elizabeth Warren, Cory
Hillary Clinton is emerging from the shadows and pimping censorship as the solution to the Democrats’ ills. All this is taking place just as talk builds of Kamala Harris’s disastrous performance as veep and the Democrats’ terrible presidential electoral prospects in 2024. Hillary’s never conceded the 2016 election, and the lust for power she’s exhibited in the past appears unabated. Something is going on that brings her back to the public spotlight.
She appeared with Rachel Maddow the past week and managed to compliment Joe Biden and push for censorship.
Chief White House medical adviser Dr. Anthony Fauci said Sunday that his Republican detractors are in reality criticizing science when they lambaste his work on the coronavirus pandemic, because “I represent science.” In an interview with CBS “Face the Nation” host Margaret Brennan, Dr. Fauci said that “anybody who’s looking at this carefully realizes that there’s a distinct anti-science flavor to this.” “So if they get up and criticize science, nobody’s going to know what they’re talking about. But if they get up and really aim their bullets at Tony Fauci, well, people could recognize there’s a person there. There’s a face, there’s a voice you can recognize
South African Medical Head Says You May
Want to Slow-Roll the Panic Over New Omicron Variant 28 replies
Want to Slow-Roll the Panic Over New Omicron Variant 28 replies
We reported on the announcement of a new COVID variant which they are now calling the Omicron variant.
The variant was just discovered this week, but already you can hear the race to paint it in the worst light possible, suggesting that there was a lot to be concerned about because it was “heavily mutated,” that immunity and the vaccines might not protect against it. We saw the Dow take a huge plunge immediately after, likely in part because of thinking that this news could lead back to more government restrictions and problems.
The Biden administration reacted in a chaotic fashion. First, Dr. Anthony Fauci said
A Canadian school has cancelled an event with ISIS survivor Nadia Murad, saying her visit would be offensive to Muslims and foster 'Islamophobia'. Murad was scheduled to sit down with students from the Toronto District School Board (TDSB)—the largest school Board in Canada with nearly 600 schools—to discuss her book The Last Girl: My Story Of Captivity in February 2022. Murad's graphic exposé detailed how she escaped the Islamic State, where she was ripped from her home and sold into sexual slavery aged just 14 years old, according to The Telegraph. She uses the book to talk about how she was raped and tortured before finding her way
Teen thieves descended on Home Depot as part of a smash and grab robbery before taking off with sledgehammers and crowbars amid Black Friday chaos across the US. Up to ten young men - believed to be aged 15 to 20 - stormed the DIY store on Hardwick Street in Lakewood, Los Angeles at around 7.45pm. Employees said the mob pulled up in vehicles with ski masks on before grabbing multiple tools and fleeing into several waiting cars. The Los Angeles County Sheriff's Department said the entire hammer section was cleared by the suspects. It is feared the brazen looters may have
Despite rave reviews, Disney’s Encanto, an animated musical with songs from Lin-Manuel Miranda, took a nosedive at the holiday box office.
Lol.
As of Thursday, this tale of a magic castle in Colombia (or something) is expected to gross just $26 million over three days and an anemic $38.6 million over the full five-day holiday.
First off, no one can blame streaming. This is a theatrical-only release.
Secondly, no one can blame the pandemic. Plenty of movies are opening just fine.
How bad is this?
Oh, it’s bad.
By comparison, one of Disney’s biggest bombs, The Good Dinosaur, grossed $55.4 million over the five-day Thanksgiving weekend.
Canada’s indigenous health expert Carrie
Bourassa loses job when ancestry claims
prove false 25 replies
Bourassa loses job when ancestry claims
prove false 25 replies
She’s Sitting Bulls-t. A Canadian medical researcher who rose to become the nation’s top voice on indigenous health has been ousted from her government job and her university professorship—after suspicious colleagues investigated her increasingly fanciful claims of Native American heritage and learned she was a fraud. Carrie Bourassa, a public health expert who served as scientific director of the Canadian Institutes of Health Research’s Institute of Indigenous Peoples’ Health, was suspended on Nov. 1, five days after the state-owned Canadian Broadcasting Corporation published a lengthy expose on her background. Far from being a member of the Métis nation, as she had long claimed, a laborious trace of
Democrats have long wanted the government to parent or co-parent your children, so it shouldn’t surprise anyone that President Joe Biden said the quiet part out loud Monday night. Is the administration upset that you might be spending too much time with your family?
The statement is also rather vague.
The “nearly 2 million” number, I assume, represents the 1.8 million-woman reduction in our labor force during the COVID-19 pandemic.
But it’s untrue to claim this loss is only due to women leaving work to care for a family member. There are myriad reasons why the pandemic and government-induced shutdowns could have diminished the female workforce.
Wow, 72 hours ago no one even heard the name Omicron variant. Now, in less than three days, a variant has been identified, global travel has been halted, states of emergency have been declared, and now we see a pharmaceutical company announcing the variant specific vaccine trial that will begin in the U.S. in a few weeks. This government relationship with Big Pharma is certainly generating some fast action, eh?
If a person was cynically inclined; while knowing governments’ need to control inflation yet cannot raise interest rates or stop purchasing debt because current legislative spending continues – a remarkable control option would be to halt demand; and a
Normally, when going to stay at a friend’s house, etiquette requires bringing a gift – say, flowers, some wine, or something to eat. But what about the strange circumstances Joe and Dr. Jill Biden face while staying at the Nantucket estate of multi-billionaire hedge fund founder David Rubenstein? It’s a really, really long (since Tuesday night) weekend stay, so one might wonder if Benjamin Franklin’s famous aphorism, that guests, like fish, start to smell after 3 days, comes into play. But nope, not a chance.
You see, while “visiting” their “friend’s” estate, Joe and Dr. Jill are not going to see the Rubensteins at all.
I reported earlier today on the announcement about the new COVID variant out of South Africa that immediately had some freaking out because it was supposedly “heavily mutated” and that the spike protein was “dramatically different.” That raised questions about whether immunity and the vaccines would be protective against it. There were also suggestions that it was “highly contagious among young people.” So, it seemed obvious they were gearing up to go crazy over this again.
Then we reported on Dr. Anthony Fauci claiming they needed more time and information to decide on whether they needed to be talking about travel bans, that they wouldn’t be implementing a travel ban yet.