Panic

This is what the Left and their Progressive-Democrat governors are panicking over—actual data that give the lie to their claimed need to exercise control over the doings and businesses of their States’ citizens for those citizens’ own good. An exercise that’s actually for the power of that exercise.

The data don’t support their panic-mongering, though. Via a tweet from Carrie Sheffield, a Just the News anchor:

Getting sick is never fun. However, the mortality rate from the Wuhan Virus has always been very low—and getting very lower—for all ages under 70 years. We’ve learned a lot since the virus outbreak last spring, and the mortality rate for that last age group has gotten quite low, also.

Is It Possible?

Joe Biden so frequently ducks serious question-and-answer periods, even with what passes for today’s press, that even those pressmen are growing mildly discontented. Nearing the end of the latest charade, they started asking other questions:

“Hey guys, there tons of folks looking to ask questions and since this is being done once a week, could we PLEASE go longer or at least hold more frequent briefings,” Sam Stein from The Daily Beast wrote in the chat.
“Any chance you can take a few more questions? There are a lot of folks here with questions,” Zeke Miller from The Associated Press added.
“Is there a point in saying we want to ask questions if you only call on the same small group every week?” said White House reporter Andrew Feinberg.

It would be useful for a couple of things to happen. One would be to have Biden call on reporters without first checking with his handlers and for him to spend a half-hour or an hour just taking and answering questions—far more than the five questions his handlers currently limit the press to.

The other thing would be to have Biden do the question and answer periods without his handlers present—especially without “I’m a Dr” Jill “Edith Wilson” Biden present.

Another Rude Question

This one relates to Congressman Eric Swalwell’s (D, CA) apparent compromise by the reputed People’s Republic of China spy Fang Fang (Christine Fang).

It seems that Fang hooked up with Swalwell early on, when he was a local politician, and she helped him rise into Congress: fundraising, staff selections, and the like. My question doesn’t relate, directly, to this particular tale.

There is a stock investing technique that centers on gorilla investing. This is a technique that attempts to identify a bunch of companies that are likely to be highly successful while those companies are in their early stages of development. The gorilla investor then pumps money into the stocks of each of those early-identified companies. As some of the companies grow in the market place, and many of them flame out, the gorilla investor bails on the flameouts and adds the money withdrawn from their stocks into to remaining putative gorillas. The process is repeated until only a few gorillas remain, and are true gorillas.

My question is this: are the relevant intelligence and investigative authorities looking into whether the PRC’s intelligence community has been and/or is still engaging in gorilla politician compromise, even actively aiding those most…promising? If so, are those early ones being identified and their histories vetted, with responses for those who still fail vetting?

Economic Recovery

What sort of recovery will we have in 2021 with the Wuhan Virus situation under control and, with the release of two vaccines (I’m betting on the come with Moderna as I write on Friday) and others in the nearby pipeline about to stamp the virus into the mud?

Jon Sindreu, in The Wall Street Journal, provided a couple of clues, although he was writing toward a different purpose. This graph of his is my first clue:

He fleshed that out with this:

Flow-of-funds data recently published by the Federal Reserve shows that companies have accumulated even more cash than debt this year: their liquid assets were up 25% in the third quarter. On a net basis, debt was down 7.9%. Relative to GDP, it remains well below 2007 levels.

Another clue:

Nor are property and asset prices tanking, hitting households’ net worth as they did in 2008. So consumers have kept spending when they could.

There’s more in his article, but the upshot is this: 2021’s recovery (and into the later years) won’t be nearly as weak as some have feared. It’ll be strongly positive, although—because of 2020’s already in-progress recovery—it’s unlikely to be quite as strong as hoped.

Limits to Response

Massive Hack Blamed on Russia Tests Limits of US Response is the headline of a Wall Street Journal piece on the Russian hack of our government and some infrastructure facilities.

Despite its size, a sprawling computer hack blamed on Russia could leave President Trump and the incoming Biden administration struggling to find the right response, former US cybersecurity officials and experts said.

The Russian hack was an overt invasion of the United Space, just as much in cyber space as it would have been had it occurred in physical space. The only limits on our response—the only real limits—are our capacity to respond, and the mindsets of those with the authority to order the response.

Capacity includes our shamefully limited cyber capability coupled with the much lower degree of Russia’s dependence on cyber in its various facilities (military, political, economic).

Capacity also includes, though, political, economic, and physical response venues.

This attack badly wants a more prompt response than economic sanctions are capable of effecting.

 “It’s a hack. It’s a breach. It’s espionage. It’s not an attack,” said former White House and Justice Department official Jamil Jaffer, executive director of George Mason University’s National Security Institute. “I don’t think some major offensive response is warranted based on what we know now.”

And

…the former officials said the intrusions fell more along the lines of classic digital espionage, however brazen.

This insistence on downplaying the severity of an invasion is a major player in our vulnerability to such attacks is an illustration of the weakness of the mindsets involved, for all that Jaffer is not one of those charged with the responsibility. It increases our vulnerability to physical attack.

There needs to come an end to mental weakness, idle chit-chat, and vapid responses and to get serious about such invasions.

Now.