There’s no time to waste

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

We have heard over and over again that the stock market hates uncertainty. Humans likewise hate uncertainty. However, today, both our lives and our economy are more uncertain than ever. If this is “war,” then let’s spend as if it were. This is no time for nickel-and-diming or pennywise-and-pound-foolish thinking. We’re $22 trillion in debt, with nothing to show for it and. So, now, in a literally life-and-death struggle, we must spend $10 trillion to $20 trillion. We must act decisively and spend wherever it’s needed over 3-6 months, or we’ll die a death of a thousand cuts and descend into a 5-10 year depression. The markets are reaching new lows every week. There are no safe havens like gold, bonds, treasuries or money markets that we used to rely on. The supply chain and the demand side are broken. Our health care system is in turmoil. The death toll is rising daily. Millions are out of work — overnight. Remember, when millions were out of work due to the great recession, it took 9-10 years for all of them to eventually return. Now, not tomorrow, is the time to act big and be bold.

Other articles published by Las Vegas Sun

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

Since the first person tested positive for the coronavirus in Nevada, the pathogen has swept Southern Nevada with alarming speed — from one to two cases, then a few dozen and then a couple hundred. By the time you read this, the number will certainly...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

Awaiting a COVID-19 test result, Shira has been isolated in her Henderson home since Sunday. Unable to spend time with her family until she receives the results of her test in a few days, she did her best to celebrate her daughter’s birthday on Monday, ...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

It was a simple, yet powerful message from a high school student-athlete: “You can’t win a game by yourself,” the Spring Valley High flag football player said. One by one, students in Billy Hemberger’s sports leadership course at Spring Valley...

President just passes the buck Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

I am amazed at how often President Donald Trump, in the public arena, blames others as part of his explanation of whatever topic he has on his mind. Recently, the topic has been mostly the coronavirus pandemic. If Trump gets any pushback from reporters,...

Utility workers being responsible Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

I’m a lineman for NV Energy. I’m not a spokesperson, just an average guy, just doing my part to keep the power on. I want to let the public know that NVEnergy has taken a proactive approach to provide reliable of service during the pandemic. My union ...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

Zach Whitecloud signed a two-year extension with the Golden Knights on Sunday, securing the 23-year-old defenseman’s future with the team through the summer of 2022. Even when his contract expires, however, Whitecloud likely isn’t going anywhere....

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

LOS ANGELES — Los Angeles County health officials backtracked Tuesday on their announcement that a child died from coronavirus, saying it’s possible the death was caused by something else. During their daily briefing, the county health department...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

YPSILANTI, Mich. — Washtenaw Golf Club, one of the oldest courses in Michigan, typically only has to worry about the weather in March. Now there is a far more serious issue to contemplate: the new coronavirus. "This is the one thing we didn't think...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

Trevor May has been preparing for this. Not precisely for a global pandemic that would bring sports — and so much else — to an unprecedented standstill. Even hours and hours of dystopian video games couldn't help foresee that. But a break in the...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

WASHINGTON — The State Department has advised against all international travel because of the coronavirus, but that didn't stop Secretary of State Mike Pompeo from flying to Afghanistan this week. Gyms across the nation's capital are shuttered, but...

South Korea investigates chatroom sex abuse allegations Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

SEOUL, South Korea — South Korean prosecutors on Wednesday began reviewing whether to formally charge a man arrested last week on allegations that he operated secret chatrooms where he posted sexually abusive videos of blackmailed women in return for...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

NEW DELHI — The world's largest democracy went under the world's biggest lockdown Wednesday, with India's 1.3 billion people ordered to stay home in a bid to stop the coronavirus pandemic from spreading and overwhelming its fragile health care system...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

For Anna, a 33-year-old American woman stranded in a Peruvian hotel room and out of life-saving medication to treat her auto-immune disease, the clock is ticking. After Peru ordered its borders closed March 15 in an effort to hinder the spread of the new ...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

STORRS, Conn. — All but one of Anna Makurat's teammates headed home after the NCAA canceled this year's postseason basketball tournament and the school suspended classes amid the COVID-19 pandemic. For the 19-year-old UConn freshman from Poland, the...

Posted Wednesday, 25 March 2020 ‐ Las Vegas Sun

WASHINGTON — President Donald Trump has a new daily ritual now that the pandemic has put the kibosh on the signature campaign rallies that helped him get elected four years ago: the coronavirus briefing. Standing on the once-abandoned White House...