Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Nevilledog

(51,203 posts)
Thu Oct 15, 2020, 01:19 AM Oct 2020

The Intellectualist: WH Tipped Off GOP Investors On COVID Danger While Publicly Saying All Was Fine




Unrolled thread here
https://threader.app/thread/1316554828861112320

BREAKING1. On Feb. 24, President Trump tweeted that the U.S. had the coronavirus under control, but that same day, senior members of his economic team privately told members of the conservative Hoover Institution they were not so confident. https://mavenroundtable.io/theintellectualist/news/wh-tipped-off-gop-investors-on-covid-danger-while-publicly-saying-all-was-fine-2KCWeJpAfEiTrAM00jZ9cw …

2. According to a document obtained by The New York Times, “Tomas J. Philipson, a senior economic adviser to the president, told the group he could not yet estimate the effects of the virus on the American economy.” https://mavenroundtable.io/theintellectualist/news/wh-tipped-off-gop-investors-on-covid-danger-while-publicly-saying-all-was-fine-2KCWeJpAfEiTrAM00jZ9cw …

3. Larry Kudlow, director of the National Economic Council, followed up the next day saying publicly that the virus was contained “pretty close to airtight” but told board members it was “contained in the U.S., to date, but now we just don’t know.” https://mavenroundtable.io/theintellectualist/news/wh-tipped-off-gop-investors-on-covid-danger-while-publicly-saying-all-was-fine-2KCWeJpAfEiTrAM00jZ9cw …

4.“The document, written by a hedge fund consultant who attended the three-day gathering of Hoover’s board, was stark.”(NYT)Hedge fund veteran William Callanan wrote that nearly every official raised the virus “as a point of concern, totally unprovoked.” https://mavenroundtable.io/theintellectualist/news/wh-tipped-off-gop-investors-on-covid-danger-while-publicly-saying-all-was-fine-2KCWeJpAfEiTrAM00jZ9cw …

5. The circulating memo made a clear implication: “The president’s aides appeared to be giving wealthy party donors an early warning of a potentially impactful contagion at a time when Mr. Trump was publicly insisting that the threat was nonexistent.” https://mavenroundtable.io/theintellectualist/news/wh-tipped-off-gop-investors-on-covid-danger-while-publicly-saying-all-was-fine-2KCWeJpAfEiTrAM00jZ9cw …

6. The NYT interviewed 8 people who either had copies of or were briefed on the memo, showing how “elite traders had access to information from the administration that helped them gain financial advantage during a chaotic three days” for global markets. https://mavenroundtable.io/theintellectualist/news/wh-tipped-off-gop-investors-on-covid-danger-while-publicly-saying-all-was-fine-2KCWeJpAfEiTrAM00jZ9cw …

You can follow @highbrow_nobrow. (Source: https://threader.app/thread/1316554828861112320)
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The Intellectualist: WH Tipped Off GOP Investors On COVID Danger While Publicly Saying All Was Fine (Original Post) Nevilledog Oct 2020 OP
A bunch of greedy, depraved fucks Blue Owl Oct 2020 #1
Latest Discussions»General Discussion»The Intellectualist: WH T...