South Carolina Legislation Looks To Ban Mandatory Vaccines

South Carolina Legislation Looks To Ban Mandatory Vaccines

Authored by Steve Watson via Summit News,

Lawmakers in South Carolina have pre-filed a bill proposing a ban on mandatory coronavirus vaccines.

WCNC News reports that four state reps. have proposed the legislation to ensure that people may opt out of vaccination and not be discriminated against for doing so.

The proposal states that those refusing the vaccine would not face “adverse employment action” or any form of societal restrictions for doing so.

The legislation will also state that vaccines “may be provided only to those individuals who agree to vaccination.”

Currently in the state it is legal for employers to mandate vaccinations. This legislation would overturn that.

The proposed bill, which has been referred to the Committee on Medical, Military, Public and Municipal Affairs, is being sponsored by one Democratic representative, and three Republicans. They are Reps. Steven Long, R-Spartanburg, Leola Robinson, D-Greenville, Mike Burns, R-Greenville, and Sandy McGarry, R-Lancaster.

Rep. Burns told reporters “We want people to be able to go to their jobs, go to schools, go about their business, and not be mandated to do something that they feel is not in the best interest health-wise for themselves.”

“There should be no negative consequences for those opting out of the vaccine,” Rep. Burns added.

Representative Stephen Long said that the legislation was proposed following concerns from multiple constituents that “vaccine cards” could be introduced, effectively segregating society.

“Taking a vaccine should be a personal, private choice, and requiring ‘vaccine cards’ to board planes, attend school, etc is a very dangerous idea,” Rep. Long urged.

“I encourage everyone to speak with a physician about the benefits and risks of taking a vaccine, but it should never be mandatory,” Long added.

The proposal could progress through to committee next week, according to reports.

There has been much hype around potential ‘COVID passports’, especially concerning the fact that employers are currently allowed to mandate vaccination in many states.

Last week, Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases stated that mandatory vaccinations are still ‘on the table’, and that he is “sure” that institutions such as hospitals and schools will mandate all who work there to be vaccinated.

Tyler Durden
Wed, 01/06/2021 – 20:10

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Hank Paulson Returns To Wall Street To Run ‘Climate-Focused’ PE Fund

Hank Paulson Returns To Wall Street To Run ‘Climate-Focused’ PE Fund

Since overseeing the near-destruction of the global financial system, former Treasury Secretary Hank Paulson has kept a low profile, appearing in public every now and then to laugh in the face of worsening economic inequality – “We made it wider!” – or bemoan the deteriorating US-China bilateral relationship.

But from here on out, the public might be seeing and hearing more from the septaugenarian who once ran Goldman Sachs, before he was tapped to run the Treasury Department by President George W Bush.

As NYT editor and CNBC host Andrew Ross Sorkin reported on Wednesday, Paulson has been tapped by – of all people – U2 frontman Bono to lead a new climate-focused investment fund at private equity firm TPG Capital. The 74-year-old will now return to the private sector for the first time since leaving Goldman in 2006.

Here’s more from the NYT:

This past fall, Henry M. Paulson Jr., the former Treasury secretary, got a call from Paul David Hewson, better known as Bono. The musician-activist-investor had an idea and “an ask”: Bono, who helped found TPG’s $5 billion Rise funds focused on “impact investing,” told Mr. Paulson that the investment firm wanted to create an even bigger platform to focus exclusively on combating climate change — and he wanted Mr. Paulson to run it.

Mr. Paulson, who has spent the last 12 years since leaving his post at the Treasury away from the private sector running his nonprofit institute and working on climate change initiatives, demurred.

“He told me, ‘My dance card is full,’” Bono said of the call. “I thought he’d be amazing,” Bono added, but said he’d been warned by Mr. Paulson’s associates, “There’s just no way.”

This week, after months of calls and meetings that followed with Jon Winkelried, TPG’s co-chief executive – Mr. Paulson’s friend and former colleague when he ran Goldman Sachs – Mr. Paulson will become the executive chairman of a new global fund, TPG Rise Climate.

But why tap Paulson for such a role? As it turns out, the former Treasury Secretary has dedicated himself to combating climate change via various nonprofits over the past decade or so. Paulson and TPG co-founder Jim Coulter said their goal with the fund is to “to make investments in climate that are as profitable as any other kind of investment.”

Paulson plans to dedicate roughly 50% of his time to this new role. Right now, he’s focused on meeting with power players around the world to try and drum up some investment for the fund. But given all the hype around ESG investing, we suspect Paulson won’t have much trouble recruiting investors.

Unsurprisingly, when prodded to offer up an example of a successful ESG investment, Paulson pointed to Tesla. But unless Paulson plans on dumping the fund’s money in OTM $TSLA calls, he will need to find some other ESG-focused companies who are still in the early stages of running their business.

The early returns from TPG’s existing Rise funds — $2 billion of which are in climate-related investments — appear to suggest that socially responsible investing can be just as profitable as other approaches. Mr. Coulter said that with the reduction in the cost of solar energy — for example, bringing it to parity with the cost of building a new gas plant in some places in the United States — the opportunity to make attractive new investments has fundamentally changed. He said he was seeing similar opportunities in electric vehicles and the energy grid that powers them, in agriculture and in consumer packaged goods.

In the public markets, investors are throwing money at companies like Tesla and others that have positive environmental, social and governance models. However, there is not enough of a pipeline of climate-focused businesses ready to go public, Mr. Paulson said: “We need more high-quality investment opportunities from private equity investments that have the potential to become scalable public companies.”

Asked by Sorkin to explain why he thought Paulson would be best suited to lead such a fund, Bono explained that his years of work combating global poverty and AIDS have taught him that sometimes you need “the unusual suspects” to come in and do things differently.

Bono said of his new partnership with Mr. Paulson, “My work on global poverty and then the AIDS fight taught me that we don’t just need the usual suspects, we need some ‘unusual suspects,’ if you like, and some unexpected partnerships in the conversation as well.”

And just like that, Paulson has become the most important ESG investor in the world. Now, all he needs to do is hire Greta Thunberg as chief analyst.

Tyler Durden
Wed, 01/06/2021 – 19:50

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Medical Errors And The Cult Of Expertise In The Age Of COVID

Medical Errors And The Cult Of Expertise In The Age Of COVID

Authored by Ryan McMaken via The Mises Institute,

Ever since the covid panic began in February of this year, medical personnel such as doctors and nurses have been treated to a level of hero worship generally reserved for the government’s soldiers and cops. We were told they were heroically slaving away to treat covid victims. And although many of these nurses were apparently spending their time choreographing TikTok videos and dancing in hospital hallways, we were assured by government officials and their obedient allies in the media that medical staffers are the new model for self-sacrifice and civic virtue. 

Yet in the two decades leading up to 2020, researchers were repeatedly alarmed by the extent to which medical errors were a persistent problem in American clinics and hospitals. Beginning at least as early as 1999, an increasing number of studies suggested that perhaps nearly a hundred thousand patients per year were dying due to medical errors.

Numerous articles appeared in mass media outlets suggesting that medical training was insufficient, that systems devised by hospitals were error prone, and that malpractice was not as rare as doctors would have us believe. 

Not surprisingly, politics also intervened. Many outlets took the apparent prevalence of medical errors to prove that more government regulation and government funding were necessary. Others noted problems in how government agencies count deaths. 

But then the covid panic happened. Not surprisingly, concerns over medical competence have receded into the background, and medical personnel have instead been treated to a status of near apotheosis, with the opinion of every run-of-the-mill nurse or physician on everything from racism to “essential businesses” being of the utmost gravity. 

Moreover, with a focus on the maximization of counting covid deaths, it is likely we’ll see fewer deaths due to medical errors in official counts. And lobbying groups devoted to representing doctors and nurses are likely to use the current political situation to their own advantage. As has long been the case with police and soldiers, the medical profession is pressing the “never question us, we’re experts” line. The actual record, however, suggests the level of “expertise” ought to receive more scrutiny. 

How Many Deaths Are Caused by Medical Errors? 

After years of growing discussion on the topic, Johns Hopkins University in 2016 released a study concluding that “medical errors” were the third leading cause of death:

Analyzing medical death rate data over an eight-year period, Johns Hopkins patient safety experts have calculated that more than 250,000 deaths per year are due to medical error in the U.S. Their figure, published May 3 in The BMJ, surpasses the U.S. Centers for Disease Control and Prevention’s (CDC’s) third leading cause of death — respiratory disease, which kills close to 150,000 people per year.

A death caused by a medical error is defined as a death caused by poorly skilled staff, errors in judgment, a preventable adverse effect, or systemic problems such as computer malfunctions or mix-ups over medication.

The Hopkins study concluded that the methods of reporting deaths in the United States are inadequate to account for the full role of medical errors. 

The Hopkins statistic was widely reported in the media, such as in this 2018 article at MSNBC. MSNBC even notes that other studies have reported medical errors as the cause of over four hundred thousand deaths per year. 

Closer to 100,000 per Year?

Since then, some researchers have expressed dismay and disbelief over the notion that deaths caused by medical errors could be so numerous. For example, researcher and medical doctor David Gorski insists that many who believe the Hopkins number of 250,000 are no better than “quacks.”

Gorski suggests that only fifty-two hundred deaths per year result from medical errors. But in this Gorski relies on a very narrow definition of medical errors as the overwhelming and obvious cause of death. He nonetheless admits that more than 108,000 deaths per year are cases in which “adverse effects of medical treatment” (i.e., medical errors) are “contributory.”

Gorski’s number of fifty-two hundred is likely little more than wishful thinking. While 250,000 may be on the high end, it’s unlikely medical errors are nearly as rare as Gorski hopes.

In this study published in 2020 at the National Institutes of Health, for example, the authors take for granted that “[m]edical errors in hospitals and clinics result in approximately 100,000 people dying each year.”

And it is also widely assumed, as noted in this study by the Washington Medical Commission that “Medical errors remain vastly underreported.” After all, medical personnel are often reluctant to report errors so as to avoid potential legal problems or sanctions from supervisors.

But while some doctors insist they’re being unfairly targeted, others have been sounding the alarm for years. Today, a commonly accepted number is between one hundred thousand and two hundred thousand deaths per year.

These are not small numbers. A total of one hundred thousand medical-error deaths makes medical errors among the top cause of deaths. If the current covid-19 pandemic plays out like previous pandemics, the total number of deaths will be much lower in 2021 than 2020’s official total of approximately 350,000. But deaths due to medical errors will continue to number around a hundred thousand year after year after year. 

Covid and Medical Errors

Gorski slams the practice in which cases where medical errors were only contributing factors in deaths are potentially counted as deaths due to medical errors. The debate has long been over how much medical errors must contribute to death before they are reasonably counted as the cause of death.

In 2020, however, look for the final tally to show that counting medical errors has been swept aside in the mortality documentation in favor of attributing more deaths to covid-19.

After all, it is now common practice to count any death in which covid-19 was a contributing factor as a death due to covid. That is, anyone who dies “with covid” is reported to be a death caused by covid.

A nurse gave a covid patient the wrong medication, which led to a severe adverse reaction? That’s a covid death. A doctor mixed up two covid patients and administered inappropriate treatment to both? That’s two covid deaths right there.

In other words, unless steps are taken to ensure accurate recording somewhere, if covid deaths are being overreported, we can expect medical-error deaths to be underreported.

Seizing a Political Advantage

Meanwhile, trying to take advantage of the current goodwill showered on medical personnel, many medical professionals are seeking additional legal protections from malpractice suits. Reuters reports:

State chapters of the powerful American Medical Association and other groups representing healthcare providers have been pressing governors for legal cover….More than half a dozen emergency room doctors and nurses told Reuters they are concerned about liability as they anticipate rationing care or performing unfamiliar jobs due to staff and equipment shortages caused by the outbreak.

Yet, there is no reason to assume covid treatments will make doctors and nurses easy targets. States already have standards in place which require plaintiffs to show that medical personnel “negligently deviated from the reasonable standard of care.” The fact that a doctor made a mistake is not enough to make a malpractice lawsuit successful.

Thus, some attorneys who represent victims of medical error and negligence worry that covid will be used as an excuse to further shield healthcare workers from legitimate lawsuits:

Joe Belluck, a New York lawyer who brings medical malpractice cases, said he’s concerned the coronavirus crisis could be used to enact a wish list of changes sought by doctors, hospitals and the medical industry to curb unrelated lawsuits.

Given the way that medical personnel have been treated by media and government personnel in the age of covid-19, it’s not hard to see how this current state of hero worship could be employed to ram through legislation favored by longtime rent-seeking special interest groups like the AMA.

Tyler Durden
Wed, 01/06/2021 – 19:30

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Iran Showcases Suicide Drones During Large-Scale UAV Combat Exercise

Iran Showcases Suicide Drones During Large-Scale UAV Combat Exercise

Iran is conducting two day large-scale drone exercises in Semnan province and in coastal waters which started Tuesday, involving hundreds of domestic built UAVs, and notably including suicide drones

According to the Iranian Army chief overseeing the combat exercises, Admiral Mahmoud Mousavi, naval drones will fly from warships in the country’s southern waters, while suicide UAVs will additionally conduct long-range sorties.

Via Reuters, Iran state media

Underscoring the nature of the exercise as a ‘show of strength’ at a moment US forces are in the region, including the USS Nimitz carrier strike group which days ago was called back to its Mideast area of operation after it was initially pulled out, Mousavi emphasized that “the Islamic Republic of Iran is one of the able and most powerful countries in the field of drone production.”

State media described that it was the first exercise of its kind in terms of extent and the variety of drones deployed for the combat simulations.

“UAV combat operations including air interception and destruction of aerial targets using air-to-air missiles, destruction of ground targets using bombs and pinpoint missiles, as well as widespread use of suicide drones, are among the measures that will be carried out in the operational part of this exercise,” Adm. Mousavi described further.

The commander added, “The flight of naval drones from a vessel in southern waters of the country, long-range flight of pinpointing suicide drones to destroy vital targets in the depths of enemy’s soil will be one of the drone combat exercise plans.”

Official footage showed what are commonly called Kamikaze drones crashing into targets to deliver munitions after previously circling above. These deadly advanced drone types were recently deployed by Azerbaijan during the recent Nagorno-Karabakh conflict.

On Sunday the Pentagon reversed its decision to remove the USS Nimitz carrier from the Gulf region, reportedly after President Trump intervened to rescind prior orders that it would return to the US. Acting Defense Secretary Christopher Miller said in a statement: “Due to recent threats issued by Iranian leaders against President Trump and other government officials, I have ordered the USS Nimitz to halt its routine redeployment.”

Washington is now likely closely monitoring Iran’s drone activities in and near the Persian Gulf, and will likely view the two-day exercises as a potential provocation, particularly if any drones circle near US vessels.

Tyler Durden
Wed, 01/06/2021 – 19:10

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Twitter Has Locked President Trump’s Account For 12 Hours

Twitter Has Locked President Trump’s Account For 12 Hours

Update (1905ET): Twitter just turned up the rage amplifier to ’11’ and has decided to lock President Trump’s account for the next 12 hours.

We wonder what this will do for Parler traffic?

*  *  *

For the first time ever, Twitter – which until now had merely “moderated” Trump’s tweets – took the unprecedented step of actually deleting the president’s tweets, removing three of this latest posts.

The decision follows Twitter’s earlier decision to “restrict engagement” of Washington DC protest images and tweets.

So far, Twitter has deleted at least three Trump tweets this evening alone.

Of course, leftists celebrated the decision by Jack Dorsey & Co.

At the same time, using almost the exact same language, Facebook also decided that video, photos and other content pertaining to Tuesday’s events must be “restricted” (despite the fact that the companies had no qualms with sharing such content during the “peaceful protests” that rocked the country following the killing of George Floyd).

Facebook then followed Twitter’s lead and decided that it would crack down on the president’s page, deciding to remove the video where President Trump asks the protesters to stand down, along with other posts for “inciting violence” – even though that’s literally the opposite of what Trump said during the videotaped statement from earlier. Here’s what a senior VP from FB said about the company’s reasoning:

“We removed it because on balance we believe it contributes to rather than diminishes the risk of ongoing violence.”

Meanwhile, the NYT reports that calls to bar Trump from Twitter permanently are intensifying.

Facebook is removing other Trump tweets as well.

To be sure, none of this is new. Twitter and Facebook both started tagging or removing posts last year, which is what inspired President Trump’s push to strip social media companies of the protections afforded by Section 230 of the Communications Decency Act.

Tyler Durden
Wed, 01/06/2021 – 19:07

via ZeroHedge News https://ift.tt/3nk0lMD Tyler Durden

Not The Onion: Maduro’s Venezuela Condemns Capitol Violence, Urges “Calm & Stability”

Not The Onion: Maduro’s Venezuela Condemns Capitol Violence, Urges “Calm & Stability”

In the ultimate irony to kick off the chaos that is 2021 – or as some are already calling this new year, “2020 on steroids” – the government of Venezuela is urging for calm and “stability” in the United States.

There’s little doubt that Maduro and his Foreign Minister Jorge Arreaza were giddy with excitement as the latter crafted a formal message to US leaders which “condemns the political polarization” in the USA.

The message, also posted to the Venezuelan FM’s verified Twitter account, calls out the “acts of violence” currently rocking the capitol in DC and expressed “concern”.

According to a partial rough translation, the communication says:

“Venezuela expresses its concern over the acts of violence that are taking place in the city of Washington, USA; it condemns the political polarization and hopes that the US people can open a new path towards stability and social justice.

Venezuela condemns the political polarization and the spiral of violence that only reflects the profound crisis that the political and social system of the United States is currently experiencing.”

The letter further calls out American hypocrisy in language that contains a bit of gloating over the apparent political instability in the US, even as the Trump administration has for years been lecturing Venezuela over its own internal strife.

It emphasizes that “with this unfortunate episode, the United States suffers the same thing that they have generated in other countries with their aggressive policies.”

“Venezuela hopes that the acts of violence will soon cease and the American people will finally be able to open a new path towards stability and social justice,” the message adds.

So this is where we are: socialist Venezuela which in the last two years has been hit with multiple failed coup attempts against the Nicolás Maduro regime is now gleefully lecturing the United States on bringing “stability” to its own serious domestic unrest.

Tyler Durden
Wed, 01/06/2021 – 18:50

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Chaos Rules in D.C.: Lyn Alden on the Fourth Turning and Her Latest Trades

Chaos Rules in D.C.: Lyn Alden on the Fourth Turning and Her Latest Trades

In this unique edition of the Real Vision Daily Briefing, managing editor Ed Harrison and senior editor Ash Bennington give a breaking news update on the unprecedented events unfolding in Washington, D.C., whether or not they will have impact on the markets having closed at record high, and if they are reflective of events on the ground or are divorced from political and social reality. Then, Real Vision’s Nick Correa discusses the ADP jobs report and the possibility of a jobless recovery for the U.S. economy. In the main segment, Lyn Alden of Lyn Alden Investment Strategy tells Real Vision’s Jack Farley how her reflation thesis has been shaped by recent events such as the Georgia runoff election, the release of the Fed’s FOMC minutes, and the chaos in the nation’s capital. Alden shares her latest trades on EM bank stocks and breaks down various quantitative measures to value Bitcoin.

Tyler Durden
Wed, 01/06/2021 – 17:45

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Ilhan Omar Pushes Impeachment As Lobbyists Float 25th Amendment Counter-Coup

Ilhan Omar Pushes Impeachment As Lobbyists Float 25th Amendment Counter-Coup

At this point, it’s starting to seem like Ilhan Omar is filing articles of impeachment against President Trump on an almost daily basis. But as protesters broke into the US Capitol during what MSNBC, CNBC, the NYT and (unsurprisingly) Buzzfeed described as an “attempted coup”, the Minnesota Congresswoman is back at it, demanding that Trump must be impeached (presumably in the remaining two weeks of his term).

In a tweet, Omar wrote that “Donald J. Trump should be impeached by the House of Representatives & removed from office by the United States Senate. We can’t allow him to remain in office, it’s a matter of preserving our Republic and we need to fulfill our oath.”

An army of “reply guys” (and “reply girls”) jumped into Omar’s mentions to praise her.

Meanwhile, the National Association of Manufacturers and its President and CEO, Jay Timmons, released the following statement in response to the large groups of armed Trump adherents storming the Capitol, in which they demanded that Trump be removed with the help of the 25th Amendment, “to preserve democracy.”

“Armed violent protestors who support the baseless claim by outgoing president Trump that he somehow won an election that he overwhelmingly lost have stormed the U.S. Capitol today, attacking police officers and first responders, because Trump refused to accept defeat in a free and fair election. Throughout this whole disgusting episode, Trump has been cheered on by members of his own party, adding fuel to the distrust that has enflamed violent anger. This is not law and order. This is chaos. It is mob rule. It is dangerous. This is sedition and should be treated as such. The outgoing president incited violence in an attempt to retain power, and any elected leader defending him is violating their oath to the Constitution and rejecting democracy in favor of anarchy. Anyone indulging conspiracy theories to raise campaign dollars is complicit. Vice President Pence, who was evacuated from the Capitol, should seriously consider working with the Cabinet to invoke the 25th Amendment to preserve democracy.”

“This is not the vision of America that manufacturers believe in and work so hard to defend. Across America today, millions of manufacturing workers are helping our nation fight the deadly pandemic that has already taken hundreds of thousands of lives. We are trying to rebuild an economy and save and rebuild lives. But none of that will matter if our leaders refuse to fend off this attack on America and our democracy—because our very system of government, which underpins our very way of life, will crumble.”

The NAM is effectively proposing a 25th amendment “counter coup”, after the media repeatedly described Wednesday’s unrest as a “coup d’etat” (even though it clear wasn’t).

William Cohen, a former defense secretary who served under Bill Clinton, meanwhile echoed the NAM’s call for Trump’s cabinet to utilize the 25th Amendment to oust Trump in the final weeks of his presidency.

On a side note, we couldn’t help but be surprised at just how fast this group was able to draft a statement demanding Trump’s removal… almost as if they had it already prepared.

Tyler Durden
Wed, 01/06/2021 – 18:30

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Despite No Lockdown/Mask-Mandate, Florida Has Same Hospitalization Rate At 2018 Flu Season

Despite No Lockdown/Mask-Mandate, Florida Has Same Hospitalization Rate At 2018 Flu Season

Authored by Daniel Horowitz via TheBlaze.com,

The entire pretext for shutting down our liberties is built upon misinformation…

We are being told that our liberties must be suspended in order to keep hospitals from reaching apocalyptic levels. But what if those levels are just above normal and not anywhere near apocalyptic levels? And what if these lockdown measures do nothing to keep the levels down anyway?

Well, if there is anywhere we can cross-check this hypothesis, it would be in Florida, where there is no lockdown or mask mandate. In fact, people are flocking there from out of state to enjoy vacations and host conferences and even to live. Naturally, we’d expect hospital levels to be bursting at the seams if they rise and fall with lockdowns and masks, right?

Well, actually, you can barely see an increase in the hospitalization level in the Sunshine State from previous years, and the current level appears to be on par with the 2018 flu season, which was more of a pandemic flu than other flus in recent years. And in 2018, we did nothing as a nation to suspend liberties.

There is much debate over how to count a COVID hospitalization given the rampant and unprecedented testing of people relative to past flus. But one easy way to observe an apples-to-apples comparison to past flu seasons is to compare the overall average daily census of hospitalizations now to previous years and adjust those numbers per capita to existing population. In other words, if all of the COVID patients are legitimately there because of COVID, we would see an enormous excess in the total number of people in the hospital at any given moment for any ailment. Florida is simply not seeing a gigantic increase.

Here is how the math works: HHS tracks total daily hospital levels in all the states dating back to Jan. 1, 2020. If you take the average daily total hospitalization levels in Florida for the fourth quarter of 2020, you will find an average (some days are more, some are less) of 43,150.

Naturally, I wondered what the levels were in previous years, because the Florida Agency for Health Care Administration publishes quarterly data of hospital censuses for several recent years. I started with the first quarter of 2018, which included the harshest flu season we had in a decade. If you average the total hospital census over the 90 days from Jan. 1 to March 31, it works out to 41,094 people in the hospital on an average day. Adjusting for the population at the time, that would be 1,972 hospitalizations per 1 million people. That is compared to 1,998 per 1 million for this past quarter of 2020 with COVID as the predominant illness.

As you can see, although the hospital numbers for the fourth quarter of 2020 were about 6%-8% higher than in the fourth quarter of the previous two years, it was barely higher than the first quarters of every year. The reason it is fair to compare to the worst months of previous years is because it has become clear that the flu is gone for this year and that COVID-19 is this year’s version of the flu. Thus, with flu cases down 98.8%, it is reasonable to assume that the January census will not grow as it typically does during peak flu season.

In other states, lockdown proponents can theoretically suggest that the reason the hospital numbers aren’t worse is because of the measures they are taking. However, Florida serves as the perfect control group, given that there is no lockdown and there have been no statewide restrictions in place for several months.

It’s also important to remember that as a nation we have thrown hundreds of billions of dollars at hospitals to treat this virus as compared to past flu seasons. So, the level of hospitalization we are equipped to deal with is much higher than in the past.

Off the bat, the numbers for this past quarter are inflated because on Oct. 6, HHS updated its guidance requiring hospitals to include those in “observations beds” as part of the census. Any data from past years did not include observations beds, only inpatient beds where people stayed for over 24 hours.

Also, because the nation is panicked over this virus, unlike during the 2018 flu season, the threshold for people going to the hospital is likely much lower than in past flu seasons. While there are definitely some people who are gravely ill with this virus, we have decided to treat this virus in the hospital much more liberally than any other virus. Hospitals receive higher reimbursement rates for treating COVID-19 patients. However, many of the cases are not necessarily clinical level.

As I noted in November, hospitalization is required in order to treat someone with Remdesivir, the only FDA-approved drug, which was approved on Oct. 22. It’s very likely that a certain percentage of those people are not sicker than a typical flu patient who would be treated outpatient, but the Remdesivir necessitates admission to the hospital.

Taking all these factors in totality, especially in a state like Florida with no lockdown, it has become clear that the entire pretext for shutting down our liberties is built upon misinformation and lack of context. In other words, those 900,000 projected excess deaths due to unemployment from lockdowns are all for nothing.

Tyler Durden
Wed, 01/06/2021 – 18:10

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Northeast Braces For “High Impact” Snowstorms

Northeast Braces For “High Impact” Snowstorms

Weather models are beginning to show around Jan. 15 and beyond, the possibility of “high impact cold and storminess across eastern US and Canada,” said The Weather Network’s Ethan Sacoransky

Meteorologists at BAMWX also agree with the increased probability of winter storms after “Jan. 15” from the Ohio Valley into the Northeast. 

“The pattern is very quiet right now overall for the central to the eastern US…however, we are starting to see a change in the forecast atmospheric pattern drivers ahead that *could* lead to a more favorable pattern for wintry risks beyond Jan ~15th. Stay tuned!” said BAMWX’s Kirk Hinz

Breaking down the risk for more wintery weather, BAMWX shows Jan. 13 to Jan. 20 is a timeframe when increased probabilities of snowstorms from Ohio Valley, Mid Atlantic, and Northeast areas could materialize. 

Earlier this week, natural gas February Nymex contracts soared due to colder weather trends and increased heating demand forecasted for the next ten days. 

While nothing is set in stone and models can certainly change, keep an eye out for the possibility of winter weather returning to the Northeast within the next couple of weeks. 

Tyler Durden
Wed, 01/06/2021 – 17:50

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