Trump wants to cut support to the World Health Organization.
The WHO is part of the UN so this falls in-line with the general attempts by Putin Trump to destroy the United Nations, which is the only thing standing in the way of many Dictator's and Despot's plans around the World. Our own self-proclaimed despot has always had it in for the UN but much more so since they laughed at his speach last year when he attempted to proclaim himself the best President in US history.
As ridiculous as dismantling the UN might seem, defunding the WHO in the middle of a pandemic is simply insane but not at all surprising since the WHO's job is to set standards and guidlines and that would include how to handle the coronavirus and Trump already knows he doesn't want to listen to that one. Trump is also looking to blame the WHO for the Administration's failed response to containing the virus – he'll blame the Girl Scouts if he has to – anything but face the truth of his incompetence.
Trump claims that he read the WHO report on Jan 15th that said they had not yet confirmed human to human transmission of the virus but he also claims he did not read Peter Navaro's (White House Trade Adviser) Jan 29th memo TO TRUMP which said:
“The lack of immune protection or an existing cure or vaccine would leave Americans defenseless in the case of a full-blown coronavirus outbreak on U.S. soil,” Mr. Navarro’s memo said. “This lack of protection elevates the risk of the coronavirus evolving into a full-blown pandemic, imperiling the lives of millions of Americans.”
Navarro warned the coronavirus crisis could cost the US trillions of dollars and put millions of Americans at risk of illness or death. So, very, very clearly, Trump and his team KNEW the virus was coming and KNEW it was a huge threat way back in January but Team Trump kept on telling Americans through March 9th that there was nothing to worry about. These are Trump's actual quotes over 45 days of willful inaction that has cost America 25,000 lives already:
- Jan 22nd - “We have it totally under control. … It’s going to be just fine”
- Jan 30th – "We think we have it very well under control. We have very little problem in this country at this moment — five. And those people are all recuperating successfully. But we’re working very closely with China and other countries, and we think it’s going to have a very good ending for it. So that I can assure you.”
- Feb 24th – "The Coronavirus is very much under control in the USA. … Stock market starting to look very good to me."
- Feb 26th - “And again, when you have 15 people, and the 15 within a couple of days is going to be down to close to zero, that's a pretty good job we've done."
- Feb 28th - “It’s going to disappear. One day, it’s like a miracle, it will disappear.”
- March 2nd - "We had a great meeting today with a lot of the great companies and they're going to have vaccines, I think relatively soon.”
- March 6th - “Anybody that needs a test, gets a test. They’re there. They have the tests. And the tests are beautiful.”
- March 9th - “So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on.”
- March 17th - "I've always known this is a real — this is a pandemic. I felt it was a pandemic long before it was called a pandemic."
As I predicted in last week's Live Trading Webinar (join us today at 1pm for another one), when the US had 400,000 confirmed cases, we are at 609,685 cases as of 7:25 this morning and I made my case for why we are on the cusp of a total disaster in last Wednesday's PSW Report, so I won't re-hash that but clearly DEFUNDING the WHO is not the way to turn things around. How about giving them an extra $5Bn instead of giving it to Exxon? Maybe that would be more helpful???
IN PROGRESS
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