Coronavirus spreads as the stock market tanks, the Trump administration calls for calm, as panic accelerates, and Bernie Sanders struggles to stop Joe Biden's momentum? Ben Shapiro explains why it s a good time to diversify into precious metals. He also explains why the global panic over coronavirus is driven by a lack of information and a patchwork global response, and why it's a good idea to invest in something solid, something real, maybe a precious metal like gold or silver, in the midst of all the chaos and panic that s going on right now. If you have not yet taken the first step of requesting a free information kit on gold, you should know this is not a complicated process for you. Text BONUS to 474747 to ask all your questions about investing in precious metals with my friends at Birch Gold. You have nothing to lose to take that first step to see how simple and straightforward the move can be for you! Text "ELT" for a FREE information kit from Birch Gold! Today's show is sponsored by ExpressVPN! Stop putting your online data at risk! Get protected at ExpressVPN.co/StopPuttingYourDataAtVpn. Stop it right now! You can protect your hard-earned savings by becoming a protected user of ExpressVPN today! Subscribe to Stop Putting Your Online Data at Risk: Stop It Right Now! at Express VPN. Get Protected at Parcast Connect with Parcast dot com dot com/StopItRight now! and get 20% off your first month free membership offer? Get Protect Your Online Privacy Protections and Access to all of your online privacy tools and access to Parcast's best practices, and access all of the latest tools, tips, knowledge, and information, including access to the most powerful tools and tools to protect your privacy tools, including the world's best privacy and information? Subscribe and access anywhere else you get a chance to access the most secure and access the world s best privacy benefits, including your privacy and financial benefits? You get 7 days early and access worldwide, you get 7% off the best deals and access, and you get $50% off of the most affordable, and get $25% discount, and $50,000 off of $75,000 gets $25,000, and they get $100,000 VIP access to VIP access and access gets $20,000 PRICED WORLD PRICING WORLDPRICED?
00:00:00.000Coronavirus spreads as the stock market tanks, the Trump administration calls for calm as panic accelerates, and Bernie Sanders struggles to stop Joe Biden's momentum.
00:00:35.000But this might be a good time to think about, hey, maybe I should invest in something solid, something real, maybe something like precious metals.
00:00:43.000Yeah, I've been noticing the market too, just like every other person in the United States.
00:00:46.000Birchgold, my friends, go talk to Birchgold right now, like now, like yesterday.
00:00:51.000If you have not yet taken the first step of requesting a free information kit on gold, you should know this is not a complicated process for you.
00:00:57.000Birchgold will go to work and make things super simple.
00:01:04.000You have nothing to lose to take that first step.
00:01:06.000Birchgold Group has thousands of satisfied customers, countless five-star reviews, and A-plus rating with the Better Business Bureau.
00:01:11.000Right now would be a great time to notice that maybe diversification into precious metals might be something you want to think about considering the state of the stock market and the volatility that is likely to last at this point, I would say probably for months.
00:01:23.000Do not wait until the market drops more to protect your hard-earned savings.
00:01:26.000Text BEN to 474747 today to see how simple and straightforward the move can be for you.
00:01:34.000My friends at Birchgold, the people I trust with precious metals investing, and now would be a good time Yesterday would have been a great time to think about diversifying.
00:01:40.000Text Ben to 474747 to ask all your questions about investing in precious metals with my friends at Birch Gold.
00:02:01.000We don't know infection rates when it comes to coronavirus.
00:02:03.000And this is leading people I think reasonably to be very afraid.
00:02:08.000Now, I think that panic and doing things that make no sense, like stocking up on vast quantities of toilet paper or going out and buying medical masks, like stuff that's ineffective, going out and buying water bottles.
00:02:19.000Guys, there's not going to be a cutoff in your water supply.
00:02:20.000You're going to be able to turn on your tap.
00:02:34.000At the same time, you're seeing Democrats in the United States claim that President Trump is botching the response and he should be doing more.
00:02:39.000You have Democrat cities like Seattle.
00:02:41.000Seattle had Comic-Con, like, last weekend with 100,000 people in an outbreak center.
00:02:47.000Marathon took place yesterday in Los Angeles with, like, tens of thousands of people running around together.
00:02:52.000Okay, so there's been no coordinated response.
00:02:55.000People don't know what the rules of the road are.
00:02:57.000People don't know how dangerous coronavirus actually is.
00:02:59.000We don't know how many people are dying.
00:03:01.000I've suggested that we can kind of look at the stats and determine that it's not a grave threat to people, particularly who are very young.
00:03:07.000There have been no reported deaths of kids under the age of nine.
00:03:10.000The death rates tend to go up fairly precipitously once you hit the age of 60.
00:03:14.000Once you hit the age of 80, they go up really precipitously.
00:03:16.000If you have a secondary health condition or if you are elderly, Then coronavirus is a real threat.
00:03:20.000This is particularly true if you're in a nursing home where it's very easy to transmit coronavirus and where, again, you have a very vulnerable patient population.
00:03:28.000But because we are watching these very outsized responses, which may or may not be a good idea in places like Italy, in places like China, in places like Israel.
00:03:37.000We look at other countries and we see that they're taking these very outsized responses.
00:03:42.000It's difficult to make the claim that a global panic Over coronavirus is driven by President Trump.
00:03:47.000So the media today are trying to blame President Trump for everything that is going on.
00:03:50.000President Trump is not helping the situation by being not a supremely, I would say, placid leader.
00:03:56.000You know, in these times, having the President of the United States online tweeting about media coverage of coronavirus is really not useful.
00:04:03.000You want a calming presence in the Oval Office, somebody who feels like there's a plan, somebody who feels like they're in control.
00:04:07.000And honestly, on a political level, The president is making a fairly large mistake politically in not overreacting.
00:04:14.000What I mean by that is when people are feeling a real threat, going out there and being like, everything's fine.
00:04:28.000One of the reasons we have a panic on our hands in the United States is because people don't have any access to information.
00:04:34.000The fact is that because a lot of the early coronavirus testing gets failed, we don't know who has coronavirus and who does not in the United States, which is why we've ended up with this sort of bizarre, miasmatic feeling that anybody could have it, when in reality, very few people in the United States have actually been diagnosed with coronavirus.
00:04:51.000With all that said, this would be a time, as we're going to discuss in a little while, for the President of the United States and Congress to seriously consider measures like trying to coordinate a federal, state, and local response in terms of event planning.
00:05:04.000What size of events should go forward?
00:05:06.000What should the state not allow to go forward in terms of size of event?
00:05:10.000And you're seeing a lot of local communities taking the lead in all of this.
00:05:14.000I'm most aware of my local Jewish community.
00:05:16.000I know that major Purim events, right?
00:05:18.000Tonight is Purim, which is a major Jewish gathering, big parties happening all over the world.
00:05:23.000I know that in the Jewish community in Los Angeles, major events are being canceled, like Purim carnivals are being canceled.
00:05:29.000I know that at schools, local Jewish schools, they're now testing kids who are walking in the door.
00:05:34.000They're giving them temperature tests, and if they are above a certain temperature, they're sending them home for whatever good that is.
00:05:39.000So people on the local level across the country are taking voluntary steps to try and mitigate the effects of this virus.
00:05:46.000Obviously, best advice is still best advice.
00:05:49.000If you gotta cough, cough into your sleeve, cough into a napkin.
00:05:52.000If you gotta touch your face, try not to touch your eyes, try not to touch your mouth, try not to touch your nose.
00:06:13.000These are all the pieces of advice that everybody is giving and they are good pieces of advice.
00:06:17.000Social distancing is something that people are taking into account at this point, which frankly I'm comfortable with.
00:06:22.000I don't like being within a certain, Within a certain distance of other human beings so you know being within try to be without outside of like two and a half feet three feet of somebody handshaking apparently is bad because you can transmit germs that way instead go for like a fist bump or an elbow bump or something if you're gonna greet sorry these are all the steps that we can take but in the absence of information it's hard not to feel panic because the normal human response to lack of information is obviously going to be fear and protection right the amygdala the fear center of your brain is gonna respond and when the media coverage is so blanket this way
00:06:52.000It is very difficult not to feel caught up in it.
00:06:54.000And that's what you're seeing in the markets today.
00:06:56.000If the media during flu season covered flu wall-to-wall, if all you got during flu season was flu outbreak here, flu outbreak there, here's how many people in the United States are dying today, here's how many people worldwide are dying, we would be panicked every year about the flu.
00:07:09.000Now, by all available information, coronavirus is more deadly than the flu.
00:07:18.000We don't really know at this point, but suffice it to say that the media attention combined with lack of information and repetition of the same Conflicting information over and over is making people feel very uneasy.
00:07:29.000This is being reflected in the market.
00:07:30.000So this morning, the stock futures had already dumped over the weekend, and finally that materialized.
00:07:36.000The early morning trading, the S&P 500 sank 7% shortly after opening.
00:07:41.000The Dow Jones Industrial Average crated as much as 2,000 points before it clawed back a little bit.
00:08:08.000It dumped immediately, like in the opening minutes, all the way down to below 24,000.
00:08:13.000So it dumped 2,000 points in the opening minutes of the stock market.
00:08:18.000It paused for 15 minutes, it dumped a little bit more, and then there was sort of a slight recovery.
00:08:22.000It would not be a shock if by the end of the day there was another dump, because the bottom line is that people who are investing in short-term trading are not looking at this market and feeling that the market is being quieted.
00:08:32.000According to the Washington Post, the forced freeze was a sign of unprecedented volatility for Wall Street.
00:08:36.000Amid the most turbulent trading in recent memory, another 15-minute halt will be triggered if the S&P 500's losses hit the 13% threshold.
00:08:43.000In the event of a 20% decline, markets would actually shut down for the entire day.
00:08:47.000Now that is speculative, that the markets would dump that much, that there'd be that much of a dump.
00:08:53.000If you are investing over the long haul, that's actually a fantastic time to buy.
00:08:56.000But over the long haul, not over the short haul, not for the next year, not for the next six months.
00:09:00.000If you're investing over the next 30 years, now's a great time to buy, right?
00:09:03.000You got a little bit of a market discount.
00:09:05.000But if you are investing over the next two years or five years, anybody who tells you they know what's going to happen over the next year is lying to you.
00:09:11.000Nobody knows what's going to happen over the next year because nobody has enough information about coronavirus, the disruption of global supply lines, whether this thing is actually being mitigated in China or the reports are just going down, whether there are secondary infections available.
00:09:23.000That COVID-19 actually has two strains, and that one strain is less deadly, and there's a second strain that's more deadly, and you can be reinfected.
00:09:29.000We just don't know enough at this point, which is what you are seeing in the markets, and the fact that there is no credible, globally-coordinated response to this thing, and all you see are headlines about 15 million Italians being quarantined.
00:09:41.000That sort of stuff is going to make people pretty damned uneasy.
00:09:44.000Greg McBride, the chief financial analyst at Bankrate, said the bull market's 11-year birthday is today, but investors are not in a celebratory mood, with trading halted shortly after the open as markets plunged.
00:09:53.000The uncertain economic impact of coronavirus continues to grip markets, with stocks, commodities, and interest rates all dropping sharply.
00:10:03.000I mean, the fact is that airlines, I got two emails from separate airlines this morning.
00:10:07.000I'm sure all the airlines sent emails this morning about what they are doing about coronavirus, pledging to bleach the entire insides of planes, basically.
00:10:14.000They've used the bleach typically overnight in the lavatories, but now they're talking about bleaching entire planes.
00:10:20.000They talk about the sort of air recirculation they've been using on planes, the filters they've been using on planes to get coronavirus out of the air, if God forbid somebody on the planes has coronavirus, the sort of testing protocols they have in place.
00:10:30.000for fever and all the rest of this sort of stuff.
00:10:33.000The travel industry is taking a bath, just taking an absolute bath, right?
00:10:37.000The US government has already recommended that nobody go on a cruise.
00:10:39.000So that means that the cruise industry is basically shut down.
00:10:42.000The airline industry is basically going to shut down over the next several weeks.
00:10:46.000You're going to see people canceling trips en masse.
00:10:48.000I would be very surprised if over the next few months, you don't see the cancellation of, maybe over the next couple of weeks, of major sporting events because of local concerns about the spread of coronavirus.
00:10:59.000The economy is going to grind to a halt.
00:11:01.000And the question is going to be how long the economy grinds to a halt for.
00:11:06.000Which sectors of the economy are hardest hit?
00:11:07.000Now, the Dow Jones Industrial Average and the S&P 500 dumping, part of that also has to do With a major oil war that is going on between the Saudis and the Russians.
00:11:17.000So the commodities market is taking a dump.
00:11:19.000People are rushing to treasuries, but the problem is that as you rush to treasuries and the interest rates go down, that is not actually spurring people to borrow money from the government.
00:11:27.000The government, the Fed, has been lowering its rate, lowering its rate, lowering its rate.
00:11:30.000Who wants to expand their business in the middle of what could be a prolonged recession?
00:11:35.000We'll get to more of this in just one second.
00:11:37.000Again, none of this is to spread panic because I keep saying, Like, we just don't know enough to panic at this point, but it is to say that there is justifiable concern today, and unless we see more information emerge relatively soon from the state, local, and federal government, unless we start seeing some real answers as to these rates, This uncertainty is going to prevail.
00:11:59.000It's not unreasonable for uncertainty to prevail.
00:12:19.000It is hard to see how, given the resources at his disposal, the reaction could have been appreciably different from the federal government.
00:12:26.000Trump's rhetoric could have been appreciably different.
00:12:28.000But in terms of what the federal government has done and continues to do, the federal government just approved over $8 billion in coronavirus spending over the weekend.
00:12:36.000So I'm hard-pressed to see what Trump should be doing that he is not doing at this point, other than shut up.
00:12:43.000We'll get to more of this in just one second.
00:12:45.000First, you know, now would be a good time to buy some life insurance.
00:13:50.000Now, the reason that I'm not speculating too much on where I think this is gonna go is because I don't think speculation is supremely useful.
00:13:55.000If I were to speculate, I do not think that hundreds of thousands of people in the United States have died from coronavirus.
00:14:00.000I do not think that you're going to see, you know, the stand.
00:14:03.000I don't think that's best available information.
00:14:05.000That's speculating on the best available information.
00:14:07.000But again, taking those sort of safe procedures makes some sense.
00:14:12.000What's happening right now is also coronavirus is having some systemic impact.
00:14:16.000It's basically a trigger mechanism for what Is happening in the stock market, underlying the stock market anyway.
00:14:22.000The European economy has been weak for years.
00:14:24.000The Chinese economy has been overblown for years.
00:14:27.000And now that supply chains are being disrupted and demand is going down, you're starting to see the economy tumble into a recession that honestly is not completely unpredictable.
00:14:35.000Like literally every 8 to 10 years, the United States goes into some sort of recession.
00:14:43.000Anybody who thinks that the Federal Reserve is going to fix all of this is not telling you the truth.
00:14:47.000The Federal Reserve lowering interest rates is not going to jog the economy.
00:14:50.000People are not spending because there is too much uncertainty, because supply lines have been disrupted, because demand is going down.
00:14:56.000If you actually want to jog the economy right now, there are only a couple of things you can do.
00:14:59.000Stimulus packages, by the way, are also not going to work.
00:15:01.000Government spending is not going to work.
00:15:02.000The only thing that can be done, really, is you gotta solve the underlying issues.
00:15:05.000And that means get more information about coronavirus as soon as humanly possible.
00:15:10.000Once that happens, then things can go back to a level of stasis.
00:15:13.000And people in the media are saying, throw money at it.
00:15:15.000Stimulus packages will solve this thing.
00:15:17.000Stimulus packages did not solve the global recession of 2007 and 2008.
00:15:21.000What solved the global recession of 2007 and 2008 was basically time.
00:15:28.000Some of the bailouts helped, for sure, in terms of short-term recovery.
00:15:32.000But the stimulus package, in my opinion, did not have a markedly appreciable effect on the increase in the economy.
00:15:38.000In fact, government spending and increased taxation probably slowed the recovery, which is why you ended up with the most prolonged recovery in American history, because it was very slow and steady all the way till basically this point.
00:15:51.000But meanwhile, things are being complicated because oil prices are tumbling.
00:15:54.000So normally, again, when the stock market starts to tumble, people rush to invest in commodities like oil.
00:15:59.000But oil prices are also tumbling because the Saudis went to the Russians and they said, guys, we need to pump a little bit more.
00:16:06.000We need to do that in order to ease global economic tensions, global economic fears.
00:16:10.000We need to make it cheaper for people to go to work, cheaper for people to travel.
00:16:30.000The Saudis wanted to prop up the prices a little bit to prop up the oil industry, but did a reversal when Russia balked and decided instead to flood the market with hundreds of thousands of additional barrels per day at a steep discount.
00:16:40.000The Russians were attempting to undercut the American fracking industry, at least in part.
00:16:44.000And the Saudis were like, okay, you want to play this game?
00:16:46.000And the Saudis decided to lower the oil prices fairly dramatically.
00:16:50.000Cheap oil is one thing, super cheap oil is another, said John Kilduff of Again Capital.
00:16:53.000The stock market is looking at the oil price plunge as a canary in the coal mine of a disinflationary one-two punch, driven partly by cratering demand for transportation fuels and a wanton price war among the major oil producers that could result in big losses for oil producers across the planet.
00:17:09.000So you are seeing a radical reduction in demand at the same time that in terms of oil, you're seeing a radical increase in supply.
00:17:16.000As I say, the energy industry is about to take a major hit.
00:17:20.000The travel industry is going to take a bath.
00:17:22.000Public events are going to take a major bath.
00:17:24.000So we're looking at some very serious issues.
00:17:27.000And not all of those are driven by coronavirus.
00:17:29.000Part of that is driven by excessive government spending in the West that has been really debt-related.
00:17:35.000I mean, it's easy to say that the United States should just take out debt, but who exactly is going to be buying up that debt?
00:17:41.000Is there tons of appetite for American debt given the slowing of the American economy?
00:17:44.000There's more appetite for the debt right now than there is for stock market pricing, but you really have to incentivize people to take the debt, which is why I would not be surprised to see President Trump start to push negative interest rates.
00:17:55.000The idea that we are going to start actually paying people to borrow from the U.S.
00:18:11.000According to the Washington Post, Italy on Sunday launched a complicated and urgent plan to restrict the movement of roughly 16 million people, a measure that unleashed confusion about how it could be enforced and whether it would be enough to slow the spread of the coronavirus.
00:18:23.000The plan to lock down large swaths of the North was the first major attempt by a democracy during the coronavirus crisis to radically halt the routines of daily life, an effort that will have significant impact on civil liberties.
00:18:33.000But in the hours before and after the measure became law, people continued to stream out of the northern hubs of Milan and Venice on trains and planes for southern Italy or elsewhere in Europe.
00:18:41.000Sunday provided the first glimpse of a coronavirus lockdown European style, a test of how the open border spirit of the continent might change as countries grapple with the scale and risk of the disease.
00:18:51.000Italy is not trying to completely lockdown.
00:19:08.000A piece of good news that the virus's spread in China is apparently slowing.
00:19:11.000China on Sunday announced only 40 new cases of coronavirus and 22 additional cases of deaths.
00:19:16.000The problem is you can never really trust the Chinese government to be honest with you about this.
00:19:19.000China's propaganda arm, the media in China, they've been trying to suggest that Xi Jinping did a wonderful job with this whole coronavirus thing.
00:19:26.000Oh yeah, you mean except for the first six weeks where you were like imprisoning everybody talking about it and preventing everybody from effectuating effective travel bans?
00:19:33.000Like would that be the part where you did a great job or was the part where you're welding people inside their houses?
00:19:37.000Daily new infections in China had dropped into double digits Friday, again according to the Washington Post, for the first time since figures began coming out in January.
00:19:44.000As usual, the toll in China was concentrated in Hubei province, the outbreak's epicenter.
00:19:49.00021 of the reported deaths were in Hubei.
00:19:51.00036 of the new cases were in its capital city of Wuhan.
00:19:54.000But even in Wuhan, Chinese officials have been signaling optimism.
00:19:56.000The Communist Party boss said there on Friday he would begin a citywide thankfulness education campaign to encourage people to show their appreciation for the leadership.
00:20:04.000Because in a commie country, you can just force people to clap, even if those leaders were responsible for the spread of death inside your country.
00:20:11.000China's infections total about 81,000, more than 3,100 deaths inside the country.
00:20:16.000There's still almost 20,000 coronavirus patients remaining in the hospital.
00:20:19.0005,000 of them have been deemed critical.
00:20:21.000So, it could be that that death toll raises dramatically, right?
00:20:24.000If 5,000 people are critical, let's say half of those people end up dying, God forbid, then you end up with an initial 2,500 deaths on your hands, which is a pretty massive increase in the death rate, even in Wuhan.
00:20:36.000Yeah, Europe is trying to figure out what to do.
00:20:37.000There's a lot of talk about closing borders.
00:20:40.000Meanwhile, the government in the United States is stepping up its coronavirus response as the U.S.
00:20:45.000According to the Post, governments intensified their efforts on Sunday to combat the global spread of the novel coronavirus.
00:20:50.000Uncertainty continued to permeate the response effort amid muddled directives from the Trump administration and reports of some patients unable to access testing.
00:20:57.000It is true that the testing in the United States has been incredibly lackluster.
00:21:01.000And that's a real problem because we don't have information on the levels of spread based on the lack of testing.
00:21:07.000A virus-stricken cruise ship made its way to California to dock, only for Housing and Urban Development Secretary Ben Carson to decline to discuss the details of the federal response plan during a national television interview.
00:21:18.000We're going to get to the Trump administration response in just one second.
00:21:22.000Also, of course, we're going to get to the fact that Ted Cruz has self-quarantined.
00:21:26.000We've also seen Representative Paul Gosar of Arizona self-quarantine, which, by the way, is the responsible thing to do.
00:21:30.000If you think that you've been exposed to coronavirus, then you shouldn't show up to the office, Michael Moulse.
00:21:34.000You should probably instead stay home that day.
00:21:37.000In any case, we will get to more of this in just one second.
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00:22:52.000Okay, so the Trump administration response.
00:22:54.000Originally, the Trump administration was criticized for trying to run all this through Pence's office.
00:22:59.000Now, the fact of the matter is that the Trump administration does need to be very coordinated in its response because the markets are reacting to the Trump administration, the media are reacting to the Trump administration, and again, it is the blanket media coverage that is driving a lot of this.
00:23:14.000As I say, if there were blanket media coverage about the flu every year, there would be, if not a similar level of panic, because the flu ain't quite as dangerous as coronavirus by all available indicators, there would still be a significantly higher level of concern about the flu if we covered flu the same way that we cover coronavirus.
00:23:27.000With that said, Coronavirus did break out at CPAC.
00:23:32.000According to the Washington Post, a growing sense of concern and uncertainty about the reach of the novel coronavirus has begun to take hold in the White House after an attendee at a recent political conference where President Trump spoke tested positive for COVID-19, the disease caused by the virus.
00:23:44.000Trump was photographed shaking hands with Matt Schlapp, the chairman of the American Conservative Union.
00:23:48.000He confirmed he had been in direct contact with the infected man during CPAC.
00:23:53.000Meanwhile, Senator Ted Cruz apparently met the person who was affected By coronavirus at CPAC as well and released a statement saying that he briefly interacted with this person.
00:24:03.000He said he consulted with medical authorities from Houston Health Department, the Harris County Public Health Department, the Center for Disease Control and Prevention, the Department of Health and Human Services.
00:24:10.000And he also spoke with Vice President Pence, Leader McConnell and Mark Meadows, the new chief of staff to the president.
00:24:17.000He says, I'm not experiencing any symptoms.
00:24:19.000Given the interaction was 10 days ago that the average incubation period is five to six days.
00:24:23.000The interaction was less than a minute, and I have no current symptoms.
00:24:25.000Medical authorities have advised me that the odds of transmission were extremely low.
00:24:29.000But, out of an abundance of caution, because of how frequently I interact with constituents as part of my job, and to give everyone peace of mind, I've decided to remain at my home in Texas this week until a full 14 days have passed since the CPAC interaction.
00:24:54.000What everybody was saying was a hoax was the media coverage focused on Trump as though Trump were responsible for coronavirus as opposed to the Chinese government, that the Trump administration was responsible for the stock market drop as opposed to, you know, the global economy coming to a screeching halt.
00:25:10.000No, I'm not aware of anybody who suggested the coronavirus itself was a hoax.
00:25:15.000And again, I think everybody is, if not, you know, the panic I think is too much, but overt concern is not too much.
00:25:25.000And the fact is that we do have to spend more money on converting medical ICU beds, on preparing for the possibility of serious outbreak here in the United States.
00:25:34.000Now, with all of this said, there are experts who are sort of giving conflicting messages, and this is why it's hard to tell exactly what's going on.
00:25:39.000Dr. Tom Inglesby of Johns Hopkins University, he runs their public health department over there.
00:25:44.000He says, listen, we're actually fairly well prepared for a coronavirus outbreak here in the United States.
00:25:47.000We have good public health facilities.
00:26:08.000Surgeon General says, listen, the average age of people who are dying is 80 plus.
00:26:11.000So yes, this is mostly dangerous to people in nursing homes.
00:26:13.000So if you're going to have contact with somebody in a nursing home, don't go to a public event and then go to a nursing home, right?
00:26:18.000Don't be a person who has a grandmother who's 90 and you talk with her every week and she comes over to your house and then you like out in public all the time.
00:26:25.000That's what the Surgeon General was saying and this is correct.
00:26:27.000We know that the average age of people who are dying from coronavirus is 80 plus.
00:26:32.000We know that the average age of people who are needing medical care and advanced medical care is 60 plus.
00:26:36.000And so what we're telling folks is that if you're in an at-risk group, meaning you're elderly and or you have comorbidities, heart disease, lung disease, you're immunosuppressed for whatever reason, that you should be taking extra precautions not to put yourself in a situation where you may be exposed.
00:26:52.000And that, of course, is the responsible thing to do.
00:26:54.000Democrats and Republicans are basically saying that the public reaction is overblown.
00:27:00.000Andrew Cuomo, the governor of New York, is saying the same thing that Trump is saying.
00:27:02.000It's just that he's not getting blamed the same way that Trump is getting blamed.
00:27:05.000But just let's pause for a moment on how serious it is, because I'm afraid that the fear is actually outpacing the facts.
00:27:13.000And we're fighting the virus, but we're also fighting this anxiety.
00:27:18.000And people have to take a step back, a deep breath, and actually understand what we're looking at.
00:27:24.000Okay, now with that said, again, everybody is taking safety precautions.
00:27:27.000Princeton University in the last couple of hours issued a notice to students that people should be encouraged to stay home after spring break.
00:27:32.000They shouldn't even come back after spring break.
00:27:34.000That they should just stay home and they're gonna make sure that students can still fulfill their class requirements.
00:27:39.000Maybe the upside of all of this is everybody goes to online education, which wouldn't be the world's worst thing.
00:27:44.000I mean, not gonna make up for, obviously, the cost of all of this.
00:27:47.000Again, one of the problems here is that when the Trump administration responds, when President Trump responds, Because he speaks in superlatives.
00:27:54.000And now would be a time for measured response.
00:28:19.000It is also true that suggesting that the plan is perfectly coordinated and fine-tuned in the middle of people feeling like we can't even get testing done, that is not smart politics.
00:28:29.000The President of the United States should convene a massive conference, video conference, so people aren't coughing on each other, all the governors, The President of the United States, the heads of HHS and Homeland Security, and they should lay out some procedures for what exactly the federal government would like to see done in terms of public events, in terms of public gatherings, in terms of testing procedures and protocols, in terms of advice to give to the public.
00:28:53.000The administration and states at this point should be speaking with one voice in how they deal with all of this.
00:29:38.000Close businesses, close large gatherings, close theaters, cancel events.
00:29:42.000I think we need to think about how do we provide assistance to the people of these cities who are going to be hit by hardship, as well as the localities themselves, to try to give them an incentive to do this.
00:29:51.000And again, this Scott Gottlieb should be called in by the president.
00:29:56.000Right now, when we say we have to have a coordinated response, that coordinated response has to be made public because the problem is, like, Ben Carson shouldn't be on TV being asked these questions.
00:30:05.000So Ben Carson, who's the head of the Housing and Urban Development Department, why is he being asked about America's response, about the federal government's response to a cruise ship on which coronavirus has appeared off the coast of California?
00:30:17.000Ben Carson is heading the Housing Department.
00:30:19.000What the hell does he have to say about coronavirus outbreaks?
00:32:20.000He is the president of the United States.
00:32:21.000The president of the United States bears the brunt of all of this, fairly or unfairly.
00:32:25.000I don't think that the Trump administration has botched this in any serious way, but I do think that now it's time to up the ante.
00:32:32.000The president is being politically irresponsible if he does not come up with a coordinated and extremely public plan that doesn't involve him tweeting things like this within the last few hours.
00:32:40.000So last year, 37,000 Americans died from the common flu.
00:32:44.000It averages between 27,000 and 70,000 per year.
00:33:49.000And specifically, if President Trump says something at the beginning of February like, we think we have it under control, you're in the room.
00:33:55.000Were you able to- I pushed back, of course.
00:33:57.000Some people have been worried that you've been muzzled.
00:33:59.000I'm not muzzled because I'm talking to you.
00:35:06.000In fact, politically speaking, it's almost a perfect storm for Joe Biden.
00:35:09.000The reason it's almost a perfect storm for Joe Biden is a tanking economy is horrible for the incumbent president.
00:35:14.000Presidents do not win during a tanking economy.
00:35:16.000And two, If you are looking for reassurance, and the president doesn't provide it, and then Joe Biden, whose entire pitch is, back to normal, I'm gonna put together back the Obama team, you know me, I've been here for a long time, I'm your reassuring old uncle, right?
00:35:30.000That's actually a really good pitch for Joe Biden in the face of all of this.
00:35:33.000So Trump's vulnerabilities are being exposed by his response to the coronavirus.
00:35:37.000That doesn't mean that Trump loses the election.
00:35:40.000It does mean that a coordinated, serious response with coordinated, serious people is necessary.
00:35:46.000And by the way, there's a significant possibility that three months from now, We have more information, the fears have abated a little bit, the economy picks back up, and Trump is fine.
00:35:54.000But the current response from the Trump administration, and not even the administration, from Trump himself, is insufficient and very, very politically stupid.
00:36:03.000Now again, that doesn't alleviate the media from their responsibility of jumping with both feet on Trump even before he had done anything wrong.
00:36:08.000They were going to do that in any case.
00:36:10.000But just because somebody is shooting at you doesn't mean that you should put a gun to your own head and blow your face off.
00:36:13.000Like, that's just not a smart political strategy, as it turns out.
00:36:17.000Okay, we're gonna get to the 2020 race in just one second.
00:36:21.000But first, The Daily Wire's own Andrew Klavan has released the second entry in his Another Kingdom trilogy, The Nightmare Feast, Austin Lively.
00:36:27.000Once just an out-of-luck Hollywood screenwriter is now a chosen hero caught between two worlds in dual quest in both L.A.
00:36:32.000and the magical medieval world of Galliana.
00:36:34.000Experience the fantasy adventure that captivated and entertained thousands of listeners despite Michael Moulse doing the reading.
00:36:45.000And again, you're going to have some time on your hands while you're sitting home trying to avoid coronavirus.
00:36:49.000So pick up a copy of Drew's new book over at Amazon today.
00:36:52.000Meanwhile, time is running out to get 25% off all Daily Wire memberships with coupon code NEVERSOCIALIST.
00:36:57.000So hurry before the deal ends, just like the Bernie Sanders campaign.
00:37:01.000DailyWire members get an ad-free website experience, access to all of our live broadcast and show library, the full three hours of The Ben Shapiro Show, access to the mailbag, and now, exclusive election insight op-eds from yours truly.
00:37:12.000DailyWire members also get to ask us questions during backstage, and our new all-access tier allows you to join in live, online Q&As with me and the other hosts.
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00:37:37.000This is the last week we will be giving you this offer.
00:38:22.000When I hear people who I think know what they are talking about, I feel calmer.
00:38:25.000When I hear President Trump mouth off about this stuff, I don't feel calmer.
00:38:29.000What that means is that anyone who pledges to calm fears is going to be in a politically advantageous position.
00:38:34.000And if it's chaos all the way down, if there's a feeling of chaos leading into the election, like Trump's biggest asset was that as chaotic as he is as a human being, the feeling leading up to the election was not one that the United States was in chaos.
00:38:46.000Based on the stock market, based on coronavirus, based on the election itself.
00:38:51.000I mean, what happens if coronavirus is still affecting the population and we got a vote in November?
00:38:55.000Are we all just going to vote absentee?
00:38:56.000Like, how's exactly that going to work?
00:38:58.000If the feeling is generalized chaos and Trump is an agent of chaos, that is not going to benefit him politically, which is why it behooves him to run a smart campaign and to be a smart president and to simply back off and shut up.
00:39:09.000This is a time when your Twitter account is not helping things.
00:39:11.000I know this ain't going to be popular with a lot of my conservative listeners who love Trump's Twitter.
00:39:16.000And who may feel, may feel correctly that coronavirus is overblown.
00:39:19.000I've written two pieces in the last week about how I think that the risks of coronavirus are not nearly as great as the media have been making them out to be.
00:39:26.000But with that said, reassurance is the name of the game politically and also in terms of public policy.
00:39:31.000If people feel reassured, then they are going to be more responsible in their handling of this stuff.
00:39:35.000They aren't going to panic, buy medical masks from Amazon for a hundred bucks a pop.
00:39:39.000They're not going to be looking for reams of toilet paper as though nobody's ever going to wipe their butt again.
00:39:45.000Reassurance is the name of the game here.
00:39:47.000And that is why, you know, that is why this is, it's a, it's a boon to Biden.
00:39:52.000Meanwhile, speaking of that 2020 Democratic presidential race, Bernie is basically out of this thing, right?
00:39:57.000Bernie has, there's an election coming up in Michigan, the Michigan primaries are coming up very soon, and Bernie is really trailing heavily in the Michigan primaries, which has led Bernie to attack Joe Biden.
00:40:07.000Bernie says, listen, I'm not dropping out no matter what.
00:40:10.000Even if I lose Michigan, I'm sticking around.
00:40:11.000That's a problem for the Democratic Party because there may be a lot of Biden supporters, I mean, Bernie supporters who don't show up in the election if Biden acts all ticked off all the way to the convention.
00:40:49.000Okay, and Bernie is also winding over Super Tuesday.
00:40:51.000This is bad news for the Democratic Party.
00:40:53.000Internally, the Democratic Party is still rift over the Biden versus Bernie split, and the consolidation behind Biden is not alleviating the concerns of the Bernie people who feel like he got job, like he was about to get the nomination, and then the entire party establishment swiveled behind Bernie.
00:41:08.000Here is Bernie winding over Super Tuesday.
00:41:11.000The establishment put a great deal of pressure on Pete Buttigieg, on Amy Klobuchar, who ran really aggressive campaigns.
00:41:21.000But suddenly, right before Super Tuesday, they announced their withdrawal.
00:41:24.000If they had not withdrawn from the race before Super Tuesday, which is kind of a surprise to a lot of people, I suspect we would have won in Minnesota, we would have won in Maine, we would have won in Massachusetts.
00:41:35.000The turnout may have been a little bit different.
00:41:38.000The ongoing consolidation behind Biden continues as well.
00:41:41.000Kamala Harris has now endorsed Joe Biden.
00:41:43.000She says that she believes in Joe, which is weird since he tried to prevent her, I heard, from taking a bus to her integrated public school.
00:41:49.000If it had not been for the rest of the government, then Joe Biden would have stopped Kamala Harris from being a senator, apparently.
00:42:22.000Okay, well that's weird because I'm old enough to remember when Kamala Harris had this to say.
00:42:27.000I was actually very, it was hurtful to hear you talk about the reputations of two United States senators who built their reputations and career on the segregation of race in this country.
00:42:43.000And it was not only that, but you also worked with them to oppose busing.
00:42:49.000Meanwhile, Hillary Clinton is still sounding off about Bernie Sanders, like slamming him over and over and over, ripping Bernie over lack of 2016 support.
00:42:58.000That's an ongoing threat to the Democratic Party because the fact is that the Bernie bros could simply not show up for Joe Biden either.
00:43:03.000His failure and the behavior of a lot of his top aides, and certainly many of his supporters, up to the convention, at the convention, and even up to election day, was not helpful.
00:43:45.000People would feel good about the country.
00:43:46.000Polls were showing this just a month ago.
00:43:49.000The assumption was that if it were Bernie Sanders, he could make it pretty easily a referendum on Bernie Sanders, and that's true.
00:43:54.000If Joe Biden is the nominee, if the economy is still in trouble, if Trump continues to demonstrate chaotic leadership in the face of something like coronavirus, it will be a referendum on Trump.
00:44:13.000I would not be surprised if the polling in the next week between Biden and Trump shows Biden up with very, very large numbers.
00:44:21.000Now, again, I think a lot of that will alleviate as time goes on, as coronavirus alleviates, as we get more information.
00:44:26.000But now is a time, I've been saying for a while, Republicans cannot be sanguine about President Trump winning re-election on the back of his chaotic campaigning.
00:44:58.000When you let your people do their jobs, people feel secure, and they're more willing to overlook all of the other sillinesses that have happened.
00:45:05.000But right now would be a time for discipline, particularly message discipline, when people are so deeply worried.
00:45:10.000And again, I think that some of the, I think the panic is overblown, but I think worry is appropriate in the face of a complete lack of information and the amount of chaos that is going on, not domestically in America, right?
00:45:20.000Not just driven by the US media, going on globally.
00:45:23.000We are seeing panic that is happening all across Europe, in Asia.
00:45:26.000Okay, that has nothing to do with Trump, it has nothing to do with the US media.
00:45:29.000Okay, time for some things I like, and then some things that I hate.
00:45:33.000Things that I like today, over the weekend reading some sci-fi, I've been sort of on a sci-fi kick.
00:45:38.000There's a fun series from a guy named Pierce Brown.
00:45:41.000The first book in this series is called Red Rising.
00:45:44.000And it basically, the basic premise of the book, it's sort of like a cross between Hunger Games and Game of Thrones, which is a fairly good recommendation.
00:45:55.000The basic premise of the book is that on Mars, there's a group of people who are kept in slavery in order to mine and provide the resources necessary in order to power a society they don't even know exists above them.
00:46:09.000And finally, one of these people escapes the kind of slave society and elevates in rank.
00:46:14.000The whole book is supposed to be based on Greek notions of – or Spartan notions, rather, of sort of divisions of society, that they're the people who are best tasked to lead, they're the people who are best tasked to follow, and why that is anti-democracy.
00:46:30.000The book is fun, and it's easy to read, and it's kind of a kick.
00:46:33.000Check out Red Rising if you're into sort of dystopian sci-fi.
00:46:36.000And again, it's kind of a cross between The Hunger Games and a little bit Game of Thrones, and it's fun.
00:46:44.000So one of the things that I love most is the fact that socialists in the United States are happy to live off the benefits of capitalism.
00:46:50.000Carlos Maza, who's just a garbage heap.
00:46:53.000Carlos Maza, you'll remember, is the person who tried to get Steven Crowder kicked off of YouTube for using terms for gay people that I would not use.
00:47:00.000Okay, and Carlos Maza was being made fun of by a comedian and decided he didn't like what the comedian said, and so he led a national campaign to get Steven Crowder kicked off of YouTube, leading the leadership of his then-publication Vox Media to try and kick Steven Crowder off of YouTube while claiming that they weren't actually in favor of censorship, despite the fact that Steven didn't actually violate any of YouTube's policies.
00:47:18.000And YouTube instead demonetized Crowder on the basis of not violating any of their policies.
00:47:22.000Okay, well now it turns out that Carlos Maza, he launched his own channel.
00:47:35.000If Maza wants to start eating the rich reports of the New York Post, he may have to begin with his own family.
00:47:40.000Through his clan, the millennial firebrand is connected to multiple Florida mega mansions, a $7.1 million pad on the Upper West Side purchased under an LLC, and a yacht by luxury boatmaker Donzie.
00:47:51.000As it turns out, the most ardent socialists in American society are very often the people who have never had to experience socialism because mommy and daddy made lots of money.
00:47:58.000So mommy and daddy will just let them live off the trust fund while they talk about revolution.
00:48:03.000Mazza's mother, Vivian Mazza, was one of the first employees at Ultimate Software, a Florida-based behemoth that now employs more than 5,000 people.
00:48:10.000Starting in 1990 as an office manager, she ultimately rose to become the group's chief people officer in 2004.
00:48:15.000In addition to her day job, Vivian Mazza also developed a very close personal relationship with the company's founder, Scott Sher, so close that an independent assessment of the company in 2016 cited the relationship as a corporate governance concern.
00:48:27.000The report said the pair were believed to be more than just co-workers and had a familial relationship.
00:48:33.000The couple has lived together for years.
00:48:35.000Sher is a de facto stepfather to Carlos, according to the New York Post.
00:48:38.000Public records show that Vivian, Scott, Carlos, and Sister Isabel all registered to vote in a five-bedroom, eight-bathroom waterfront palace in Boca Raton.
00:48:46.000The property sold in 2018 for $11 million.
00:49:24.000Weird, I don't see Carlos Maza going to his stepdad, who presumably has provided him a basis of support and being like, you know, it seems to me that you aren't living the principles of Marx, sir.
00:49:34.000It's not clear how much Vivian and Shir actively support Maz's lifestyle, but evidence suggests the family has been happy to pitch in to help spread his socialist message.
00:49:41.000Both Shir and Vivian Mazza are listed as comrades at the end of Carlos's most recent YouTube video.
00:49:46.000Basically, he sounds like the kind of child that they don't really want to deal with, and so they're like, okay, we'll just give him a little bit of money and he can go play commie over here on YouTube.
00:49:57.000Mazza didn't respond to multiple inquiries from the post, but then, because of the inquiries, he posted a statement on Twitter He said, my mom and her fiance are very wealthy thanks to a software company they started together when I was a kid.
00:50:07.000As a result, I've gotten to live a life of tremendous privilege.
00:50:10.000He said he acknowledged that he always had a safety net should his career to go south, but insisted nobody was bankrolling his effort.
00:50:16.000Okay, well, if you have a safety net of, you know, tens of millions of dollars, then you can afford to spend your life making useless YouTube videos about how communism is the greatest way of life of all.
00:50:25.000So again, I love that we live in a country so wealthy that the children of our wealthiest people can be communists.
00:50:31.000Normally when they say the proletariat are gonna rise, workers of the world unite, you have to be a worker.
00:50:35.000You know, not a lazy bum who relies on his parents' money for years on end and then gets a job writing garbage at Vox Media while trying to oust other YouTube stars and then makes stupid communist videos.
00:50:47.000Well, apparently taking money from mommy and daddy.
00:50:55.000Speaking, by the way, of socialists who are apparently happy to take advantage of the benefits of capitalism, Elizabeth Warren appeared on SNL over the weekend.
00:51:57.000How do you appear on, by the way, how do you appear on SNL and no one makes fun of the fact that the funniest thing in American politics is about you, that you pretended to be Native American for decades?
00:52:53.000Hey everybody, it's Andrew Klavan, host of The Andrew Klavan Show.
00:52:56.000You know, some people are depressed because the American Republic is collapsing, the end of days is approaching, and the moon has turned to blood.
00:53:02.000But on The Andrew Klavan Show, that's where the fun just gets started.