Pain as the krona virus has led to massive layoffs and struggling businesses whats the plan for recovery we have expert analysis on hand to break it all down we have a packed show today so lets go and dive right in. And there are Big Questions surrounding badly needed medical supplies and facemask that are currently sitting in warehouses in china the u. S. State department claims that u. S. Bound face masks test kits and other medical equipment urgently needed to fight the corona virus is not leaving china thanks to new chinese export restrictions those supplies are supposed to either already be here in the United States or at least should be on their way and yet they are not according to the wall street Journal Health care equipment maker perkin elmer ank based in massachusetts is an able to ship 1400000 test kits for cope with 1000 the disease caused by the new corona virus from their sous out factory because it lacks certification required by the new rules and then there is 3 m. Cor
Weeks of a downward trajectory many agree with the president to open the economy as there seems to be a push from the right and from many in the economic sector to do just that but theres also another if not equal push from the other side that saying that opening the economy would be both dangerous and irresponsible and that is the thinking of many in the Public Health sector and many on the left now whos right well were going to bring you a debate on this matter to take up whats going on but before we do i do want to share some numbers with you that i think might kind of help to put things in on to me 1st as the economy goes heres the latest 22000000. 00 americans have lost their jobs that would bring the Unemployment Rate to a record 15 percent and according to economists this is huge it could reach 20 percent if the president trends continue in a word dismal right now lets look at lethality. Some call it mortality or the death rate or whatever you want to call it its the death rate
Human activity has brought us to the brink of the worlds 6th major extinction of it and the people in this film just come take it anymore. Donald trump opens up a new front in the co the 19 war this time against the World Health Organization the experts will weigh in on this edition of politics. On tuesday President Trump announced that he would do with the whole contributions to the World Health Organization and blame the agency for not alerting his in ministration to the dangers of the coronavirus for reaction im joined by Andrew Sullivan former acting administrator of the centers for medicare and medicaid during the Obama Administration he joins us from minnesota whats your reaction and into. Strong and the w. H. O. Well thanks for having me on. You know this is its not an opportune time to start to defund any efforts at Public Health i think that should be hopefully obvious to most people you know donald trump is no fan of Global Institution i think he certainly would want to take
Journal is reporting that spending on political advertisements is projected to hit a new high in 2020 surging 3600000000 above the most recent president ial Campaign Year and how high you ask 9900000000 according to group am the Worlds Largest Advertising Media company so a close to 700000. 00 americans will soon be without Food Assistance just to save the federal government a buck or 2 Political Parties and their gilded corporate sponsors are more than happy to waste close to 10 1000000000. 00 on campaign commercials. That works out to a little over 14000. 00 per person who is now without boot stamps but guess what that 9900000000. 00 might be on the low end of estimates group global president of Business Intelligence brian weezer told the media that quote our understanding is that in the typical campaign 60 percent of funds raised may be deployed in the media spending consequently we recognize that the current political cycle could lead to higher levels of spending than we currently
Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have