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Trump - MORE $ to Americans + Warren Buffet & Video Games Skyrocket

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What Are the Libs Up to Now?

 

While so many Democrats are USING this crisis to try and hurt the President rather than help the American people, there is one who keeps popping up.


Democratic Gov. Gretchen Whitmer has been floated as a possible running mate for former Vice President Joe Biden in the coming 2020 election. 


However, her actions in the wake of the COVID-19 pandemic may have seriously hurt her popularity.


What Are the Libs Up to Now?

Michigan paper Detroit News (A liberal biased paper of all things!) severely criticized Whitmer for playing politics as her state suffers through an unprecedented crisis.


"Gov. Gretchen Whitmer must send an unequivocal message to her constituents that Michigan is her priority in this hour of crisis," wrote Detroit News. "Her running feud with President Donald Trump calls into question whether she's acting in the best interests of this state, or on behalf of the Democratic Party."


That's an EASY answer – she DEFINITELY putting the interests of the Democratic party above the residents of Michigan!  


Sadly she's not the only one.  The Democrats are using this crisis in a disgusting manner to play politics with people's lives.


More Here

 

The Trump Agenda


He wants to help more.


President Trump said Sunday night that he is considering a second round of direct payments to Americans to offset the economic impact of the coronavirus pandemic.


"I like the concept of it," Trump said at his daily White House press briefing on the coronavirus. "I like money going directly to people. It's not their fault that this happened."


The Trump Agenda

Most Americans are set to receive direct payments as part of a $2.2 trillion stimulus package signed into law by President Trump. 


Unemployment is expected to soar to 15% during the second quarter of the year, while the U.S. gross domestic product (GDP) is set to plunge by 34% as the coronavirus slams the nation's economy, according to a forecast by Goldman Sachs released on Tuesday.

 

Goldman Sachs also said the $2.2 trillion economic relief package passed by Congress last week should help alleviate longer-term problems. "Both monetary and fiscal policy are easing dramatically further, which will tend to contain these second-round effects and add to growth down the road."


The President has also indicated he wants a second bill to boost the recovery even more through an infrastructure Bill.


More Here

Market Intel


Keeping track Of Warren Buffet…


Warren seems to really dislike the airlines at the moment.


Billionaire investor Warren Buffett unloaded significant stakes in Delta Air Lines and Southwest Airlines as the industry contends with unprecedented headwinds related to the coronavirus pandemic, according to SEC filings on Friday.

 

Buffett's holding firm, Berkshire Hathway, sold nearly 13 million shares of Delta, or about 18 percent of its overall stake in the airline. The share sales were worth about $314 million.

 

18% is substantial, you don't unwind a billion and a half dollar position overnight or it would be to your own detriment, so take notice.


Market Intel

The firm also sold about 2.3 million shares of Southwest Airlines, or about 4 percent of its stake. The shares were worth about $74 million.

 

Delta shares plunged more than 11 percent in after-hours trading on Friday. Southwest Airlines shares fell nearly 5 percent after market close.

 

Berkshire Hathaway holds significant stakes (minus nearly 20% now) in Delta, Southwest, United Airlines and American Airlines. The filings did not say why Buffett's firm opted to sell stock.


Don't be surprised to see his firm "quietly" sell more over time.  18% out of a 1.5+ billion position is a strong statement.

 

Airline executives have warned in recent days that business is unlikely to improve any time soon. In a letter to employees published Friday, Delta CEO Ed Bastian said the airline is burning more than $60 million per day and expected second-quarter revenue to be down by 90 percent.


More Here

Hmm, That Makes Your Think


How are we spending all this time cooped up at home?


Here's how the CNBC tech crew are getting through their days – Computer games, bread making, puzzles, music lessons and basketball drills and more.


Like office workers across much of the U.S., CNBC's reporters, editors and producers just wrapped up their third full week working from home, doing our part to help slow the spread of the coronavirus. The news never stops and we spend most of the working day glued to our devices. But in the off hours, we're finding other ways to pass the time productively.


Alex Sherman — Princeton, NJ

Playing the piano for my kids was one of the things I dreamed about growing up. I'm a pretty good piano player, and I couldn't wait to expose my kids to it. Maybe they'd get inspired and be great piano players. Now I have two sons, four and six. My wife and I have been doing daily "music class" with both kids during quarantine. I play the piano and we all join in the sing-alongs.

Playing the piano for my kids was one of the things I dreamed about growing up. I'm a pretty good piano player, and I couldn't wait to expose my kids to it. Maybe they'd get inspired and be great piano players. Now I have two sons, four and six. My wife and I have been doing daily "music class" with both kids during quarantine. I play the piano and we all join in the sing-alongs.


Annie Palmer – Brooklyn, NY

One of the unexpected benefits of quarantine life has been that it's forced me to slow down. When I log off for the day, my favorite activities certainly reflect that.

A big one has been cooking, and specifically, pickling. I've been eating a lot of things in bowls – rice, quinoa, spaghetti, lentils – and pickled veggies are a great way to spice things up. I made some pickled cucumbers and have now graduated to jalapenos. It takes about a day to be able to sample the finished product, but luckily I have nothing but time right now.

The other way I've been keeping busy is playing the video game Animal Crossing: New Horizons.


Hmm, That Makes Your Think

Kif Leswing — Oakland, CA

I've been playing dozens of games of Risk. I don't have enough people to play with in my one-bedroom apartment, so it's all virtual.

I'm mostly playing with old friends from high school, now scattered around the country.


So there you have it, a few examples of how some members of the tech team are passing the time at home after work.


What are you doing?


More Here

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