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18 Feb 00:49

The gun guy and illegal militia founder who became President: George Washington

by David Kopel

Presidents' Day should be a day of reflection on the virtues of the leaders who helped to preserve, protect, and defend our constitutional republic. So let's look at the record of George Washington and the armed citizenry.

In early 1775, tensions between Great Britain and the American colonies were reaching the breaking point. The previous October, King George III had forbidden the import of arms and ammunition into the colonies, a decision which the Americans interpreted as a plan to disarm and enslave them. Kopel, How the British Gun Control Program Precipitated the American Revolution, 38 Charleston Law Review 283 (2012).

Without formal legal authorization, even from the Continental Congress, Americans began to form independent militias, outside the traditional chain of command of the royal governors. In February 1775, George Washington and George Mason organized the Fairfax Independent Militia Company.

According to Mason's Fairfax County Militia Plan for Embodying the People, "a well regulated Militia, composed of the Gentlemen, Freeholders, and other Freemen"
was needed to defend "our ancient Laws & Liberty" from the Redcoats. "And we
do each of us, for ourselves respectively, promise and engage to keep a good Fire-lock in proper Order, & to furnish Ourselves as soon as possible with, & always keep by us, one Pound of Gunpowder, four Pounds of Lead, one Dozen Gun Flints, & a pair of Bullet-Moulds, with a Cartouch [cartridge] Box, or powder-horn, and Bag for Balls." 1 The Papers of George Mason 210-11, 215-16 (Robert A. Rutland ed., 1970). Similar militias were being formed all over the American colonies, with no formal authorization and no chain of command to the established government. The legal bases of the militias were the natural rights of self-defense and self-government.

Because Virginia's House of Burgesses had been suspended by the Royal Governor, Lord Dunmore, the defiant Virginians assembled in Richmond in March 1775 as a special convention. There, delegate Patrick Henry gave his famous speech, "The War Inevitable." William Wirt, Sketches of the Life and Character of Patrick Henry (1817). As Henry accurately explained, all petitions for peaceful conciliation with the British had been "spurned with contempt." The British army in North America had only one purpose: "to force us to submission." Because war was inevitable, Henry argued, it was better to fight now, before the British could take Americans' guns:

An appeal to arms and to the God of hosts is all that is left us! They tell us, sir, that we are weak; unable to cope with so formidable an adversary. But when shall we be stronger? Will it be the next week, or the next year? Will it be when we are totally disarmed, and when a British guard shall be stationed in every house?…Sir, we are not weak if we make a proper use of those means which the God of nature hath placed in our power. Three millions of people, armed in the holy cause of liberty, and in such a country as that which we possess, are invincible by any force which our enemy can send against us.

Indeed, a few weeks later, on the evening of April 18, the British army occupying Boston would march off to Lexington and Concord to conduct house-to-house searches to seize firearms and gunpowder. The American resistance to arms seizures would mark the beginning of the American Revolution.

Persuaded by Henry's eloquence, the Virginia Convention formed a committee—including Patrick Henry, Richard Henry Lee, George Washington, and Thomas Jefferson—"to prepare a plan for the embodying, arming, and disciplining such a number of men as may be sufficient" to defend the commonwealth. The Convention urged "that every Man be provided with a good Rifle" and "that every Horseman be provided . . . with Pistols and Holsters, a Carbine, or other Firelock." ("Firelock" was a synonym for "flintlock," the most common firearms of the time.) Journal of Proceedings of Convention Held at Richmond 10-11 (1775).When the Virginia militiamen assembled a few weeks later, many wore canvas hunting shirts adorned with the motto from the conclusion of Henry's speech: "Liberty or Death." Henry Mayer, A Son of Thunder: Patrick Henry and the American Revolution 251 (1991).

As Major General and Commander-in-Chief of the Continental Army during the War of Independence, Washington had to deal with soldiers who were adamant about their personal independence. Even Americans who enlisted in the Continental Army often refused to sign up for more than a year. At the end of their year, they might leave for home, in the middle of a campaign. George Washington's surprise attack on the British at the Battle of Trenton, Dec. 26, 1776, was a risky, successful gamble to win a victory before the imminent expiration of enlistments left him without a functioning army. The previous winter, the American expedition to take Canada had been forced to launch a premature, unsuccessful attack on Quebec City because half the American enlistments would expire in January.

The militias posed even more problems. For one thing, they were reluctant to be sent on distant deployments, so Washington did not always have the manpower he needed for a given batttle. On the other hand, by fighting part time and working on their farms the rest of the time, American citizen-soldiers kept the economy afloat.

The sedentary nature of the militia created, surprisingly, a superiority in tactical mobility. British naval dominance (before the French arrived later in the war) meant the British army could always move faster than the Continental Army and could attack anywhere near the coast. But the militia, comprised of most able-bodied adult males, could rise wherever the British deployed. As historian Daniel Boorstin put it, "[t]he American center was everywhere and nowhere—in each man himself." Daniel
Boorstin, The Americans: The Colonial Experience 370 (1965).

The Americans could better afford losses in battle because a large fraction of the adult population was available to fight. Redcoats or German mercenaries imported from across the Atlantic were more difficult to replace. The British could capture cities on or near the coast—such as Boston, New York City, or Savannah. Yet control of the vast interior proved impossible. Many militiamen had learned warfare from Indian fighting. In the mountains, swamps, and forests, they denied use of the country to the British. The militiamen had the advantages of intimate knowledge of the terrain, support from much of the local population, and the ardor that comes with defending one's homeland.

Whether in the militia or the Continental Army, the guns deployed were mostly personal firearms. As late as 1781, George Washington insisted that enlistees in the Continental Army provide their own guns. Letter from George Washington to Joseph Reed (June 24, 1781), in 22 The Writings of George Washington 258 (Jared Sparks ed., 1834); Letter from George Washington to Thomas Parr (July 28, 1781), in id. at 427.

Americans' experience with firearms helped make them effective fighters. In 1789, historian David Ramsay recounted the June 1775 Battle of Bunker Hill: "None of the provincials in this engagement were riflemen, but they were all good marksmen. The whole of their previous military knowledge had been derived from hunting, and the ordinary amusements of sportsmen. The dexterity which by long habit they had acquired in hitting beasts, birds, and marks, was fatally applied to the destruction of British officers." 1 A History of the American Revolution 190 (Lester H. Cohen ed., Liberty Fund, 1990) (1789).

As Washington wrote in 1777, "Our Scouts, and the Enemy's Foraging Parties, have frequent skirmishes; in which they always sustain the greatest loss in killed and Wounded, owing to our Superior skill in Fire arms." Letter from George Washington to John A. Washington (Feb. 24, 1777), in 7 Writings of George Washington, at 198.

Washington worried, however, that although militiamen were good shots, they were troublesome to employ in a long campaign, for the militia's "want of discipline & refusal, of almost every kind of restraint & Government, have produced . . . an entire disregard of that order and subordination necessary to the well doing of an Army." Letter from George Washington to John Hancock, President of the Continental Congress (Sept. 2, 1776), in 5 Journals of the Continental Congress, 1774-1789, at 733 (Worthington Chauncey Ford et al. eds., 1904-37).

A modern study of Washington's use of the militia in Connecticut, New York, and New Jersey concludes that, while the militia usually could not, by itself, defeat the Redcoats in an open field battle, it was essential to American success:

Washington learned to recognize both the strengths and the weaknesses of the militia. As regular soldiers, militiamen were deficient. . . . He therefore increasingly detached Continentals to support them when operating against the British army. . . . Militiamen were available everywhere and could respond to sudden attacks and invasions often faster than the army could. Washington therefore used the militia units in the states to provide local defense, to suppress Loyalists, and to rally to the army in case of an invasion. . . . Washington made full use of the partisan qualities of the militia forces around him. He used them in small parties to harass and raid the army, and to guard all the places he could not send Continentals. . . . Rather than try to turn the militia into a regular fighting force, he used and exploited its irregular qualities in a partisan war against the British and Tories.

Mark W. Kwasny, Washington's Partisan War: 1775-1783, at 337-38 (1996). Thus, in 1777, when New Jersey was a major theater of the war, General George Washington implored the New Jersey county militias "by all you hold dear, to rise up as one Man, and rid your Country of its cruel invaders. . . . [T]his can be done by a general appearance of all its Freemen armed and ready to give them opposition. . . . I am convinced every Man who can bear a Musket, will take it up." 10 Writings of George Washington, at 90.

Over a decade later, President George Washington's first State of the Union address to a joint session of Congress urged that "A free people ought not only to be armed but disciplined; to which end a uniform and well digested plan is requisite." 1 Journal of the Second Session of the Senate 103 (1820). Congress finally passed militia acts in 1792, organizing the Militia of the United States. As a practical matter, extensive militia training was beyond the capability of the small federal government, so training remained the responsibility of state and local governments.

While Washington strongly supported Americans taking up arms to defend their inherent rights, he strongly opposed the use of arms over transient political disputes. So in 1794, President Washington called forth the state militias to suppress the Whiskey Rebellion in western Pennsylvania. Indeed, Washington was the only American President to personally command the military in the field while he was President.

Washington obeyed the statutory command that before actually using the militia, "the President shall … by proclamation, command such insurgents to disperse, and retire peaceably to their respective abodes, within a limited time." First Militia Act of 1792, 1 Stat. 264 (1792). With the appearance of George Washington in command of a force of 13,000, the Whiskey Rebellion collapsed without need for fighting. Of course no one made any effort to prohibit the rebels' from possessing firearms. 

Like most land-owning Virginians, George Washington was an enthusiastic hunter. He was also a gun collector, particularly prizing a pair of pistols given him by the Marquis de Lafayette, and another pistol he received in 1755 from British Major General Edward Braddock, during the French & Indian War. This latter pistol was Washington's sidearm during the Revolution.

Like all men, including great ones, Washington had some of the character flaws typical of the men of his time. Americans who celebrate Washington's Birthday do not imagine that he was perfect; we do recognize that his patriotism, leadership, and rectitude are worthy of admiration. Whether we celebrate on Washington's actual birthday of February 22, or on the third Monday in February (pursuant to a congressional act in 1971), we honor the ethos of responsible firearms ownership that made American independence and liberty possible.

Note: some of this essay is taken from Nicholas J. Johnson, David B. Kopel, George A. Mocsary, & Michael P. O'Shea, Firearms Law and the Second Amendment: Regulation, Rights, and Responsibilities (Aspen/Wolters Kluwer, 2d ed. 2017).

18 Feb 00:48

US Breaks Cruise Ship Quarantine, Flies 13 Infected Americans To Omaha Facility

by Tyler Durden
US Breaks Cruise Ship Quarantine, Flies 13 Infected Americans To Omaha Facility

While China does everything in its power do demonstrate that the number of new cases in both Hubei province where the coronavirus epicenter of Wuhan is located, and across China, is declining with every passing day in a sign that the epidemic is being ringfenced and is gradually coming under control - whether people on the ground actually believe the government which for at least the first three weeks of the breakout was lying and arresting anyone who spread facts about the deadly disease is a different matter entirely and will manifest itself in how quickly China can return to normal - attention has gradually moved to the spread of the virus offshore, where the number of new cases is starting to turn exponential.

As the chart below shows, after growing at a modest pace, the number of people infected outside of the mainland is now accelerating at an alarming pace.

But one rather stunning fact when analyzing the offshore progression of the disease, is that there are now more cumulative coronavirus cases on just one cruise ship - the infamous Diamond Princess which has been quarantined in Japan for the past two weeks - then there are in all other localities outside of China (which begs the question just how many people are infected around the globe and have so far avoided detection).

As a reminder, the Princess Cruises ship was carrying 2,666 guests and 1,045 crew when it set sail and was quarantined after 10 cases of coronavirus were reported Feb. 4. Since then the number of cases on board has exploded, and on Monday alone, Japan announced an additional 99 infections on the Diamond Princess, raising the ship’s total number of cases to 454. And since most of the people on the ship have yet to be tested, the real number of infections may not be known for days.

Where things gets problematic, is that whereas until now most of those on board the cruise ship had remained in isolation, the self-imposed quarantine is now over, and on Sunday, fourteen evacuees from the Diamond Princess were allowed to fly back to the United States Sunday despite testing positive for coronavirus, the U.S. State Department and Health and Human Services said in a joint statement. Why were they released? Because supposedly they were not symptomatic, and in a very ominous twist, they had tested negative initially!

"These individuals were moved in the most expeditious and safe manner to a specialized containment area on the evacuation aircraft to isolate them in accordance with standard protocols," the statement, published Sunday, read.

The State Department was unaware the individuals had coronavirus when they were being removed from the ship; they had tested negative just a few days before, Robert Kadlec, the assistant secretary for preparedness and response at the U.S. Department of Health & Human Services, said on a phone call with reporters.

"If those results had come back four hours earlier before we’d started to disembark the ship and before these people were evacuees within an evacuation system, then it would’ve been a different discussion." Dr. William Walters, director of operational medicine at the U.S. Department of State, said on the call.

In other words, the quarantine that had isolated the biggest incubator of coronavirus cases outside of Wuhan was broken simply because an initial test had given a false negative, and subsequents test confirmed that at least 14 indeed had the coronavirus.

Kadlec said that individuals received multiple screenings when moving from ship to bus to plane and a more extensive medical assessment upon arrival.

In any case, the Diamond Princess quarantine is now broken, and two charter flights carrying at least 14 infected passengers landed at military bases in California and Texas overnight, starting the clock on a 14-day quarantine period to ensure those passengers don’t have coronavirus. In total, approximately 380 Americans were on board the Diamond Princess ship for the duration of the cruise and quarantine at sea.

One plane carrying American passengers touched down at Travis Air Force Base in northern California just before 11:30 p.m. Sunday local time. A second flight arrived at Lackland Air Force Base in Texas around 2½ hours later, early Monday.

The California flight had 177 people on it, seven of whom tested positive for coronavirus, Walters said. An additional three people were isolated during the flight for fever. Upon arrival, 171 stayed in Travis while six traveled to Omaha.

The Texas flight had 151 people board and included the other seven who tested positive for coronavirus. Two additional passengers were isolated on account of fever. All passengers who tested positive for coronavirus then moved on to Omaha.

How did all those Americans who were flying alongside the infected feel? Well, according to USA Today, "the aircraft design allowed passengers to sit in isolation thanks to a plastic divider at the tail of the aircraft."  We can only hope that "plastic divider" was enough to keep the virus confined to its own class aboard the aircraft.

* * *

Anyway, now that hundreds of passengers were locked up in that ship for almost two weeks for nothing with the US rushing to break quarantine without waiting to verify the initial "all clear" test, officials from the University of Nebraska Medical Center and Nebraska Medicine confirmed that they are assessing 13 adults at their quarantine and biocontainment facility in Omaha.

“Late last night at about 2 or 3 a.m., we were asked to bring some individuals here who had either tested positive or had a high likelihood of testing positive because of symptoms they were exhibiting,” said Dr. Chris Kratochvil, the executive director at the University of Nebraska Medical Center’s Global Center for Health Security.

The Nebraska Medical Center’s Global Center for Health Security

Twelve of them are housed in the quarantine center while one man was transferred to the hospital’s biocontainment unit for testing and observation because of symptoms including cough, fever, shortness of breath, lightheadedness and an undisclosed chronic condition that would make him particularly vulnerable to the COVID-19 virus, the USA Today reported.

"He is doing good and in stable condition at this time,” reported Shelly Schwedhelm, Nebraska Medicine’s executive director of emergency management and biopreparedness. She went on to note that “the folks in the quarantine center have all been tested, and we’re waiting for those results.” She added that the other 12 are isolated in “very nice rooms with WiFi, TV and a small refrigerator – a lot of the amenities at hotels but with engineering controls” to prevent contaminated air from escaping.

Inside the Nebraska Medical Center’s Global Center for Health Security

Their test results, which are due back any moment (Monday afternoon), will determine whether the patients will be allowed to see their spouses or leave their rooms. Regardless of whether they test positive or negative, all of the new arrivals will spend at least 14 days in the facility, and any who test positive will likely stay longer, said Dr. Mike Wadman, the co-medical director of the National Quarantine Unit without a trace of irony.

Kratochvil says it’s possible that they may be asked to take more patients should more of the Diamond Princess passengers now in quarantine at the airbases test positive.

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health, told the USA TODAY editorial board and reporters Monday that the original idea to keep people safely quarantined on the ship wasn't unreasonable. Yet where the entire story falls on its face is that even with the quarantine process on the ship, virus transmission still occurred. One can only hope that there are proper precaution pathways in place to prevent transmission now that at least 13 infected cruise passengers are now on US soil.

"The quarantine process failed," Fauci said. "I'd like to sugarcoat it and try to be diplomatic about it, but it failed. People were getting infected on that ship. Something went awry in the process of the quarantining on that ship. I don't know what it was, but a lot of people got infected on that ship."

What might have gotten awry is that the virus is airborne and spread via the air conditioning system. But before we get banned from another social network, we will wait for someone "more credible" to make that claim.

Unfortunately, since the Diamond Princess was the single biggest incubator of coronavirus cases outside of Wuhan, and since nobody still seems to have a full grasp on how to contain the infection, we have a nagging feeling that this breach of quarantine will come back to haunt the US.

* * *

Separately, Holland America said that 255 passengers and 747 crew members remained on the MS Westerdam, which docked in Sihanoukville, Cambodia, Friday, after being turned away from ports in Japan, Thailand and Guam. One female American passenger tested positive for coronavirus at a Malaysian hospital over the weekend. She remains stable, and her travel companion tested negative, the cruise line said.

It was unclear if quarantine on that cruise ship had also been broken, as the cruise line stated that at least some passengers had been transported to a local hotel: the cruise line said Cambodian health officials tested those on board Monday, a process expected to last several more days.

"Guests at a hotel in Phnom Penh have all completed the COVID-19 screening," the cruise line said. "Results are being returned when completed, with the first batch of 406 all being negative. Cleared guests may travel home, and arrangements are being made for those guests. Guests in both locations are being very well cared for, including assisting with any medications needed." 

* * *

Finally, some good news: in keeping with its daily attempts to minimize the threat from the coronavirus pandemic, JPMorgan's inhouse virologist insurance strategist, MW Kim, said that even as attention shifts to cases outside of China, "at this stage, we see the virus contagion risk remaining relatively small, considering hospital capacity and strong local efforts to minimize the outbreak." Yet even here, the bank sounded decidedly unsure of its cheerful prediction (this is the same bank whose credibility was shattered last week when China unexpectedly hiked the total number of cases by 15,000 in one day, crushing JPMorgan's "epidemiological model"), to wit:

Mapping the virus spread scenario outside China. Our epidemiology model forecasts the virus outbreak in mainland China. However, we are observing early signs of community spread, as local infected toll without travel history to China is growing in Singapore, Japan, South Korea, and a few European countries. We intend to add mini-epidemic scenarios for each country once the infected toll exceeds the 100-200 level (depending on population/density).

The following table from JPM lists the number of international cases, excluding the 454 infected on the Diamond Princess, and excluding the 60 cases reported in Hong Kong. Expect the numbers to surge as more thorough testing reveals just how extensively the virus has spread.

Tyler Durden Tue, 02/18/2020 - 05:45
18 Feb 00:48

Trump rejects Obama taking credit for strong economy

by Justine Coleman
President Trump on Monday accused former President Obama of "trying to take credit" for the strong economy.The president tweeted in response to Obama's commemorating the 11th anniversary of the A...
18 Feb 00:48

Epic Walmart Prank: Employee Pages “Palosy Sabich”

by Infowars.com
'Can I get Palsoy Sabich to the fitting room to meet her party?' worker announces over store intercom.
18 Feb 00:48

Report: Senate Democrats Held Secret Meeting With Iran Foreign Minister To Undermine Trump Policy

by Infowars.com
This is what real collusion looks like.
18 Feb 00:48

Apple unlikely to meet revenue guidance due to coronavirus impact

Apple Inc warned on Monday it was unlikely to meet a sales target set just three weeks ago amid lost production and weakening demand in China from the coronavirus outbreak.
18 Feb 00:48

Coronavirus Reaches Africa: First Patient Identified in Egypt

by Frances Martel
Egypt has confirmed the first case of novel Chinese coronavirus in Africa, the South China Morning Post reported on Sunday, alarming experts who fear the continent's healthcare systems are too fragile to combat another epidemic.
18 Feb 00:47

Cher Panics Ahead of Nevada Caucuses: 'Don’t Think Dems Running Can Beat Trump'

by David Ng
Actress-singer Cher sounded a note of panic over the weekend when she tweeted her concerns about the 2020 presidential election, saying that Joe Biden carries too much negative baggage and appears unable to run a smooth presidential campaign.
18 Feb 00:47

Donald Trump Jr. Helps Teen NASCAR Star Hailee Deegan Get Her Helmet Signed by the President

by Warner Todd Huston
When 18-year-old NASCAR star Hailie Deegan heard Trump was going to attend the Daytona 500, she said she wanted Trump to sign her helmet.
18 Feb 00:47

Watch: Bloomberg in 2011 Suggested Denying Cancer Treatment to Elderly

by John Binder
Billionaire and former New York City Mayor Michael Bloomberg once suggested denying cancer treatment to elderly Americans as a solution to overcrowding in hospitals. 
18 Feb 00:47

London Bloodbath: 15-Year-Old Boy and Two Others Stabbed Within 90 Minutes of Each Other

by Kurt Zindulka
Three people are in life-threatening condition, including a 15-year-old boy, after a series of stabbings took place within the span of 90 minutes, covering the streets of London with blood.
18 Feb 00:47

Michael Bloomberg Floated Cuts to Social Security and Medicare in 2011

by Charlie Spiering
"We cannot continue to say we've got to cut, but we can't touch Medicare and Medicaid, Social Security, defense," Bloomberg said. "That's virtually 90 percent of all of our spending."
18 Feb 00:47

China's Latest Data Fabrication: Home Prices "Increased" Even As Largest Home Developer Offers 25% Discounts

by Tyler Durden
China's Latest Data Fabrication: Home Prices "Increased" Even As Largest Home Developer Offers 25% Discounts

There has been a slew of openly bizarre, if not outright ridiculously manipulated and fabricated data out of China in the past month - which is to be expected by an authoritarian regime that for much of January arrested anyone who "leaked" the facts about the deadly coronavirus pandemic which Beijing was hoping to cover up until it simply became far too big - but the latest house price "data" may have been the straw that broke the camel's back.

Overnight, the National Bureau of Statistics reported that the latest 70-city housing price data showed that in January, the average home price appreciation in the primary market was 0.4% in January, the identical same pace as December, despite tens of millions of Chinese citizens living under quarantine or some form of lock down. Even more surreal, the number of cities with housing price increases was higher in January - which China's economy ground to a halt ahead of both the Lunar New Year and the subsequent coronavirus chaos - than in December.

Here are the details according to Beijing: Commercial housing prices in the primary market in the 70 cities tracked by China's National Bureau of Statistics (NBS) (weighted by population) rose 0.4% month-over-month in January after seasonal adjustment, same as December. Property price appreciation was faster in tier 1 cities and unchanged in tier 2/3 cities, while price declines narrowed in tier 4 cities.

It gets better: out of the 70 cities monitored, 60 cities saw seasonally adjusted housing prices increase in January (53 cities saw price increase in December last year.) On a year-over-year, population-weighted basis, in the primary market, housing price appreciation was 6.2% in January in the 70 cities, slower than 6.5% in December.

That, in a nutshell, is the official version.

Meanwhile, in the real world outside of Beijing's excel spreadsheets and goalseek models (as a reminder, and as we wrote three years ago, "the Fate Of The World Economy Is In The Hands Of China's Housing Bubble", as the bulk of China's net worth is not in the financial market but in real estate), China's biggest property developer Evergrande Group announced on Sunday that amid tumbling demand, it would launch "great incentives" to lure domestic consumers via online subscriptions starting Tuesday, a "self-rescue" promotion which analysts said would help shore up the sluggish domestic housing market in February amid the novel coronavirus outbreak.

Paradoxically, even as Beijing reports a sequential increase in home prices, Evergrande will offer a 25 percent discount for consumers who purchase housing units, including apartments and office buildings, from Tuesday to February 29. The discounts will continue and be adjusted to 22% off from March 1 to 31.

Putting the move in context, "it will be the largest incentives the firm has offered in its business history, Liu Xuefei, vice president in charge of sales with Evergrande, told an online meeting on Sunday", according to the Global Times.

But why offer the biggest incentive in firm history if the housing market is firing on all cylinders as China's NBS reported, even as tens of millions of people are threatened with arrest if they so much as exit their apartments?

Don't answer: that's rhetorical.

Some more details on Evergrande's panicked sales promotion via the Global Times:

Since Evergrande started online sales promotion Thursday amid the novel coronavirus outbreak, the number of apartments subscribed online was 47,500 units from more than 600 housing projects the company has nationwide, worth 58 billion yuan ($8.3 billion), according to the company.

Consumers who pay 5,000 yuan ($715.6) down payments and sign subscription books on the company's online platform Hengfangtong, can preorder housing resources from projects the company has across the country, said Evergrande.

From the day that consumers sign contracts until May 10, they can enjoy a right to buy at the lowest price - if the price on the home they buy goes down, they can obtain the difference and can return the apartment.

"Online promotions by real estate companies do not affect the domestic housing market that much, but if one can preorder an apartment with a 5,000-yuan down payment, the stimulus will be quite large and will attract many first home buyers who have rigid demand," Yan Yuejin, research director at Shanghai-based E-house China R&D Institute, told the Global Times on Sunday.

"I found Evergrande's promotion ad on WeChat moments and the incentives are quite attractive. I cannot remember such large discounts a Chinese developer offered in recent years," a Beijing resident surnamed Lei in her 30s told the Global Times on Sunday.

One would almost think that Evergrande would not be offering such a giant discount if the housing market was doing as well as China's official indicated. Almost.

As the Global Times concludes, Evergrande's incentives "will help it drive sales volume and many other domestic housing developers are more likely to follow suit, experts said."

Of course, the communist party's populist mouthpiece is correct, but a familiar question emerges: just what will be the full extent of the coronavirus damage on China's housing market, when as even Goldman admits, "the outbreak of coronavirus suppressed property transaction volumes in February" and "daily property transaction volume remained low in top tier cities in the first half of February, and total transaction volume in 30 major cities were less than 10% of what the usual seasonal pattern would suggest after the Chinese New Year."

Speaking to the Global Times, Yan Yuejin, research director at Shanghai-based E-house China R&D Institute, who described Evergrande's new policy as "self rescuing," noted that instead of waiting for government support policies, domestic real estate companies should take the initiative to actively reduce housing inventories and stabilize their cash flow.

Is that a tacit admission that China will not be bailing out the housing market this time around?

In any case, in light of the above data one can see why Beijing is in such a rush to force the country's 1.4 billion residents and countless (zombie) businesses to pretend that the epidemic is over (which ifs one believes China's fake infection data, it almost is) and for people to get back to business as usual. The alternative is not only banks being flooded with trillions in bad loans, but China's biggest household asset, real estate, getting a crash course in price discovery under a severe crisis. We already know that with the Chinese economy on lock down for two weeks after the Lunar new year, the clearing price is now roughly 25% below where it was just a month ago (and a far cry from the 0.4% sequential increase according to the NBS). Will it be 50% in another two weeks, then 75% two more weeks after that, and so on?

For the sake of Xi Jinping's dictatorship, one can only hope that if the coronavirus epidemic persists - and any fake news that the virus is no longer a threat will be promptly refuted as new cases break out in work places across the country - that Beijing can find the tens of trillions in dollars, yuan or both it will need to bail out not only China's banking system, but the country's housing market as well.

Tyler Durden Mon, 02/17/2020 - 19:30
18 Feb 00:47

Dems label GOP legislator 'a domestic terrorist'

by Rachel Alexander

Washington state isn't known for conservative politicians. But there is one state legislator who stands out amidst a sea of Democrats and moderate Republicans. Matt Shea represents the conservative side of the state, the Spokane area. Because of his views and activism, Democrats made him a target.

Democrats in the legislature spent $120,000 of taxpayers' money to commission an investigation and report about Shea. They hired former FBI Agent Kathy Leodler and her husband, Paul Leodler. Mrs. Leodler has contributed money to Seattle Mayor Jenny Durkan, a far-left Democrat. The report charged that Shea "planned, engaged in, and promoted a total of three armed conflicts of political violence against the United States government between 2014 and 2016." It referenced the two standoffs involving the Bundy family over land rights in Nevada and Oregon.

They described Shea as a domestic terrorist. The media dutifully reported it. "Terrorist Matt Shea must be expelled from the Washington State House of Representatives" ran the headline of a Dec. 20 column in the Cascadia Advocate.

But if Shea is a domestic terrorist, why has he not been charged, arrested and prosecuted by federal, state, or local authorities?

The report relies on Wikipedia, which has a left-wing slant and often gets facts wrong. It cites anonymous witnesses. The report contains no evidence Shea "planned" or "led covert strategic pre-planning" in the Nevada and Oregon confrontations involving the Bundys. Shea and the Bundys both deny he did this. He went there merely to observe on a fact-finding mission.

Regardless, the case against Cliven Bundy and three others was dismissed with prejudice. The Hammonds were pardoned by President Trump. And the Malheur 7 from the Oregon standoff were unanimously acquitted of conspiracy and firearms charges. So if those orchestrating the protest were exonerated, why is Shea still being accused of being a domestic terrorist?

The report produces as more evidence a meeting Shea had with the leadership of Oath Keepers at a restaurant in Spokane. But nothing bad happened; they merely discussed land rights and some other issues.

The report cites a 2015 "Priest River Armed Conflict" in Idaho. But it wasn't an armed conflict. Shea, the Bonner County Sheriff and over 100 citizens demonstrated outside the home of a disabled Vietnam War veteran to protest a decision by the VA to disarm him. Some of the protesters legally carried firearms. It was a peaceful protest.

The report says Shea is associated with Marble Community Fellowship, a "Christian Identity ideology church" that holds "a racist, anti-Semitic, and white supremacist interpretation of Christianity." This is not true. Two of the pastors are black, but the media won't report that nor interview them. The pastors are rightfully upset at being called white supremacists.

The report says Shea trained young people to fight a "holy war" by creating a pamphlet called "Biblical Basis for War." The report called it a "Biblical manifesto" to make it sound more ominous. It claimed that Shea "[a]dvocated replacing the U.S. democracy with a theocracy and killing all males who do not agree." But the pamphlet merely analyzed the "just war theory," which is studied at universities today. It goes over the moral basis for wars. It's a study on what the Old Testament said about warfare, mainly from Deuteronomy 20. It analyzes the history of warfare. A soldier contacted Shea recently and asked him if he was justified in a situation where he had to put a gun to someone's head.

Another accusation says Shea "condoned violence and intimidation during an online chat." Shea happened to be in an online chat with others when someone made a comment about firearms, but Shea didn't respond. The person who leaked the message string said he thought the guy who wrote the message was just venting, not calling for violence. Regardless, Shea has been very public about the right to keep and bear arms.

Another allegation said Shea "[e]ngaged in and promoted Patriot movement militia training and readiness exercises in preparation for armed conflict against the government and law enforcement." This was nothing more than an annual paintball war with teens.

The report concludes, "Shea is likely to plan, direct, and engage in additional future conflicts that could carry with them significant risk of bloodshed and loss of life." It went on, "Although this investigation found no evidence that Representative Shea presents an imminent direct threat to any individual or group … (nevertheless) Representative Shea has since 2014, presented a significant threat of political violence against employees of the Federal Government and state and local law enforcement officers, carried out through intermediaries."

Democrats think if they call Shea enough scary-sounding names, maybe one will stick. Besides a terrorist, he's been called a racist, a homophobe, an Islamophobe, a white supremacist, an anti-Semite and a neo-Nazi.

Democrats in the legislature want to remove him from his seat or at least censure him, but they don't have the votes. They need a few Republicans on board to achieve the two-thirds required to expunge him. House Republicans, who have a reputation as moderates afraid of the left, suspended Shea from their caucus after the report's release and removed him from his committee assignments. Members of both parties called on him to resign. Shea intends to run for reelection this year.

This report was a sham. Shea is nothing more than a regular Christian conservative. In a more conservative state, no one would blink an eye. But because he's in a very liberal state he's a target. The left has decided by labeling him a domestic terrorist they can destroy him. But unfortunately for them, they don't have a shred of evidence and look ridiculous.

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The post Dems label GOP legislator 'a domestic terrorist' appeared first on WND.

18 Feb 00:46

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The post Hillary Clinton touts Electoral College abolition: ‘The person who gets the most votes should win’ appeared first on The Savage Nation.

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