The CDC Is America's New Landlord

This is astonishing, even by 2020 standards.

The Centers for Disease Control and Prevention, operating under the US Department of Health and Human Services, has asserted jurisdiction over private residential leases nationwide. It intends to curtail evictions until at least the end of the year, and in fact its new directive threatens federal criminal penalties against landlords who ignore tenant “declarations” made using CDC forms.

It is unclear, to put it mildly, exactly how this jurisdiction over private contracts and state/local courts flows even to Congress, much less an administrative agency acting on its own. One federal official justifies the bizarre and legally dubious action based on the CDC’s broad charter to stop the spread of communicable diseases — a charter at which they’ve failed miserably with covid:

U.S. Expats Can’t Renounce Their Citizenship Fast Enough

Better than renouncing. Photographer: Sean Gallup/Getty Images Europe

It’s hard being an American stateside right now. It’s hard in a different way being an American abroad.

The swearing in of new citizens often makes news in the U.S., especially if it happens in unusual circumstances such as one party’s national convention. Much less reported are the many citizenship renunciations by Americans, and the travails leading up to these life decisions. Almost all those giving up their U.S. nationality are expats. And for each renouncer going through the ordeal, there are countless others thinking about it. Why?

Peter Schiff: It’s the Biggest Bubble Ever

The S&P 500 charted its best August since 1986. Both the Nasdaq and the S&P 500 made new highs last month. Peter talked about the surging stock market in his podcast, saying that it is the biggest bubble ever. And despite what people seem to think, there will be consequences.

September is historically the weakest month for US stocks, but Peter said he thinks this year might be an exception to the rule.

It seems at this point there’s no reason to believe that this inflation-driven rally is going to peter out any time soon. Now, I wouldn’t be surprised if it did, but I’m just not willing to be that it will.”

Rex Murphy: Vandalism is not protest

The head of a statue of Sir John A. MacDonald is shown torn down following a demonstration in Montreal, on Aug. 29. PHOTO BY THE CANADIAN PRESS/GRAHAM HUGHES

Clearly, vandalism can be considered as an attitude or inclination to commit destructive actions against public property without any consideration for others, is that it denotes clear destruction or devastation of people with this attitude. Now, it should be noted that the protesters are not superior to the rules and temperament of democracy that allows protesting in the first place.

In relation to this, it is necessary to mention that in Montreal over the weekend, about 200 vandals demolished a statue of one of the founders of Canada, Sir John A. Macdonald. For their part, the media referred to them as “protesters”, however, the truth is that they were “protesters” until they put ropes around the statue, lowered it, and beheaded it. At that moment, they became vandals.

In a way, the act is a clear example of local protesters trying to catch up with many Americans.

Intolerable acts

U.S. dollar's woes are only beginning, some bears say

FILE PHOTO: U.S. Dollar and Euro notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/File Photo

NEW YORK (Reuters) — There are dollar bears, and then there’s Ulf Lindahl.

The chief investment officer of currency manager A.G. Bisset believes the U.S. currency will plunge 36% against the euro over the next year or so, taking it to levels it has not seen in more than a decade.

The greenback’s recent weakness “is the beginning of a very large move” that could hurt the droves of investors exposed to it through their holdings in U.S. stocks and bonds, Lindahl said.

Wall Street is swarming with bearish dollar forecasts, though few are as extreme as Lindahl’s. The U.S. currency is near its lowest level in 27 months and is down about 11% from its 2020 peak against a basket of its peers, with Goldman Sachs, UBS and Societe Generale among the banks forecasting more losses. =USD

Investors should consider rising odds of Trump win: JPMorgan

Biden’s lead in the betting markets was down to 1.9 points

President Trump’s chances of securing a second term are surging in the betting markets and investors are unprepared, according to JPMorgan Chase & Co.

An average of betting odds compiled by RealClear Politics showed former Vice President Joe Biden’s lead shrank to 1.9 points on Sunday, down from a high of 24.6 points on Aug. 1.

“Certainly a lot can happen in the next ~60 days to change the odds, but we currently believe that momentum in favor of Trump will continue, while most investors are still positioned for a Biden win,” wrote Marko Kolanovic, quantitative strategist at JPMorgan.

SHOCK REPORT: This Week CDC Quietly Updated COVID-19 Numbers – Only 9,210 Americans Died From COVID-19 Alone – Rest Had Different Other Serious Illnesses

So let’s get this straight — based on the recommendation of doctors Fauci and Birx the US shut down the entire economy based on 9,000 American deaths due entirely to the China coronavirus?

We were first to report that the Director General of the WHO on March 3, 2020 a set off the panic with his highly flawed statement:

While many people globally have built up immunity to seasonal flu strains, COVID-19 is a new virus to which no one has immunity. That means more people are susceptible to infection, and some will suffer severe disease.

Globally, about 3.4% of reported COVID-19 cases have died. By comparison, seasonal flu generally kills far fewer than 1% of those infected.