Is the Economy Trying to Kill Us?

Saving lives or saving markets?
Apparently, that’s a tough choice. I’m Francesca Fiorentini, and this is
Newsbroke’s “Helter Shelter” series, coming to you from my
one-bedroom LA apartment, which, after three weeks
of self-quarantine, I’ve converted into my very own
post-apocalyptic Pee-wee’s Playhouse. Today’s secret word is… “SACRIFICE.” Now you all know what you need to do
when you hear the secret word, right? Scream! Ahhhhhhh! Today, we’re looking at how defeating
coronavirus will mean deflating the Dow. And yet, accepting that reality
is something the president, and the hard-line conservatives advising
him, are trying to prevent at all costs. Yes, even our lives. [Newsbroke opening music] There still has yet to be a nationally
coordinated effort to end the pandemic through mass testing,
mass production of medical supplies or nationwide lockdowns, which many
experts say need to happen for months. That’s partially why the U.S.
has the most cases of coronavirus so far in the world, and counting. Instead, Trump first floated the idea
of loosening social distancing restrictions by Easter Sunday, because there’s
no better way to celebrate Jesus than by letting millions
meet him in the afterlife.  Trump then graciously agreed to
extend the CDC guidelines to April 30th. Now, maybe that was based on science, but it was probably because he realized
Tiffany was going to be visiting for Easter. And you know that would’ve been
an awkward encounter. Oh wonderful, we can all hug again.
Yes, Tiffany, right after the egg hunt! Is she still looking at me? Either way, press conference after press
conference has proven that Trump’s brain truly is a magnificent cocktail of
ignorance to the reality of COVID-19, and callous disregard for
the human lives it claims.  If we can hold that down, as we’re saying, to 100,000 – it’s a horrible number, maybe even less – but to 100,000. So we have between 100 and 200,000, we altogether have done a very good job. Alright, first of all, that’s
not even an achievable number without nationally coordinated action. And, secondly, that’s
not a number to brag about. Also, rest assured that no matter
how many people die from coronavirus, Trump will absolutely
claim he did a good job. Compared to the Black Plague,
we’re doing great. Compared to the Spanish flu,
we’re doing fantastic. Compared to the meteor that
wiped out all the alleged dinosaurs, we’re winning bigly. But Trump’s thinking is honestly
more sinister than crass, because there is one number
that he and his cronies, and even media pundits,
care a lot about: the stock market. And they talk about its recent slide
using an alarming metaphor. Stop the bleeding. Stop the bleeding. Stop the bleeding. Stop the economic bleeding. Global markets just cannot shake the coronavirus. How will the president try to stop the bleeding? Yeah, the market is bleeding so much
you wonder if it on its period. ‘Cause she is moody! Am I right?
Up high! No? No? Insensitive? OK. It’s almost like they care more about
markets bleeding than people bleeding. Newsbroke has looked
at the stock market before and how it’s just a legal casino
that gambles away our future so Jerry from Fidelity can get bottle service. The stock market isn’t a good
indicator for a healthy economy, given that “84% of all stocks
owned by Americans belong to the wealthiest
10% of households.” Yet when it comes to coronavirus, the market seems to be the only
measurement that worries Conservatives. This, at a time when the Fed estimates
we may hit 32% unemployment, which tops unemployment numbers
during the Great Depression. But, who cares? How’s your portfolio? In fact, some have been letting their
free-market flag fly a little too high, like Texas Lt. Gov. Dan Patrick. We can’t lose our whole country. We’re having an economic collapse. Let’s get back to work. Let’s get back to living. Let’s be smart about it. And those of us who are 70+, we’ll take care of ourselves. But don’t sacrifice the country. Sacrifice?! He said the secret word! [everyone screams] What is he saying? That seniors
should be left to fend for themselves like some AARP Thunderdome?  The first senior to master TikTok
shall be granted a ventilator. The same sentiment was
echoed by radio host and less-accomplished Tiger King,
Glenn Beck: I’m in the danger zone. I would rather have my children stay home and all of us who are over 50 go in and keep this economy going and working, even if we all get sick. I’d rather die than kill the country. No, don’t say that.
What would we do without you? Just so we’re clear, these guys are
saying they are willing to kill themselves and millions of others,
all to please the all-powerful line graph representing the invisible hand
of the free market. How is this not a cult? I’m starting
to think Jim Jones didn’t actually die. He just changed his first name to Dow. ‘Cause like Dow Jones …
It’s the stock market. It’s fine. This morbid cynicism of putting the
economy – or rich people’s poker chips – before human lives isn’t just something
media commentators have expressed. It’s what is guiding the Trump
administration’s response to coronavirus and the money attached to it. The $2 trillion stimulus package
has both Wall Street and lobbyists licking their chops. Even though there are stipulations
and oversight committees on the money, Trump has pushed back and said
implementation will pretty much be up to him and Treasury
Secretary Steve Mnuchin. So we just handed over $2 trillion dollars
to a corrupt, impeached president and his treasury secretary, who
earned the nickname, Foreclosure King, after the last recession.
But, on the plus side, I just Bedazzled my jean jacket. It’s the little things. Just listening to the way
this administration explains the goal of the stimulus package gives
you a sense of who they hope it helps. The assistance bill here, which does have growth incentives, will help lead us back to a very strong economic rebound before this year is over. I think that too. I think we’re gonna have a tremendous rebound at the end of the year, toward the end of the year. I think we’re going to have a rebound like we have never seen before. Even now it wants to rebound. You can see it, feel it. It wants to rebound so badly. Why are we talking
about the stock market like it’s getting out of a
long-term relationship? It wants to rebound so badly.
Dust off that red dress, hook up with some randos
and just YOLO. Maybe the market
doesn’t need to rebound. Maybe it needs to learn to
be alone. We’re all doing it.  Another thing to know about that clip, besides the very overeager
predictions about the market, is that the guy talking about “growth
incentives” is Trump’s top economic advisor, Larry Kudlow.
No, he’s not an economist, but he did play one on
CNBC for many years. Kudlow’s entire legacy has
been about bolstering finance at the expense of people’s lives. In 2002, he advocated for the
invasion of Iraq because the quote, “shock therapy of decisive war
will elevate the stock market by a couple thousand points.” And in 2011, right after an 8.9 earthquake
and tsunami hit Japan, Kudlow said this: The human toll here looks to be much worse than the economic toll, and we can be grateful for that. Grateful? OK. Now we know what
the Kudlow family Thanksgiving looks like. Dear Lord, we are grateful for the gang
violence in Central America that has provided the migrant labor that
has given us this affordable meal. So while everyone in the health care
community was pleading with Trump for weeks to take coronavirus seriously, Trump instead was listening
attentively to people like Kudlow, who consistently puts markets over lives. And this is what he was saying back
in early March about COVID-19 from the White House press briefing room. We don’t actually know, uhh what the magnitude of the virus is gonna be, although frankly, so far, it looks relatively contained. And we don’t think most people, I mean, the vast majority of Americans are not at risk for this virus. I mean do the math. A couple
million isn’t the vast majority. We’ll have 328 million Americans left
over! That’s plenty of low-wage workers! Oh I did not wash that glass. Finally, it turns out Trump’s idea to
have everyone back to work by Easter might have been spurred
by a meeting earlier that day of some very Machiavellian minds. The White House earlier today convened a call with major Wall Street and hedge fund investors to get their views on what’s happening in the markets and the U.S. economy. These individuals from Wall Street were on the call. Dan Loeb from hedge fund, Third Point, Jeff Sprecher from ICE [Intercontinental Exchange] and the New York Stock Exchange… Yeah, Jeff Sprecher. You might not
have heard of him, but he is the CEO of the company that owns
the New York Stock Exchange, which apparently is a thing.
But you might have heard of his wife, Georgia Sen. Kelly Loeffler who
was one of a handful of senators to sell off stock after being
briefed about coronavirus- $3 million of both of her
and her husband’s holdings. Like, how is that legal? How is any
of this legal? It’s probably all illegal. Because even the cronies
in DC and Wall Street know, this economy isn’t rebounding –
not while the government continues to have no game plan to test,
save lives and quarantine communities. The economy isn’t just a line
that goes up or down. The economy is made up of people: people who make businesses
and banks a lot of money. People who are now out of work.
People who can’t make rent this month and who are struggling
to get healthy themselves, and people who sure as hell won’t
be rebounding with $1,200. Maybe it’s time to rethink this death duel
between people and the economy, and, for once, let
finance make the sacrifice. Uh oh! Ahhhhhhh! Thank you once again for watching
Newsbroke. We really appreciate it. So make sure to like this
video, and also share it. Share it with all the
people who need to hear it, and maybe people who don’t want to
hear it, but they need to hear it anyway. And because the economy is made
up of people, we wanna hear from you. How are you doing?
Do you still have a job? What’s going on with unemployment? How is your state handling
this current crisis? Let us know in the comments below,
and we will see you soon. Hang in there.

100 Replies to “Is the Economy Trying to Kill Us?”

  1. Conservatives always want to view themselves as having the moral high ground, as being heros. They need to tell themselves those lies because they actively participate in double standards and immoral practices that stem from conservative policy and ideologies.

    Take for instance, glen beck. He says that older people should go back to work to prevent a collapse in the economy. But back to work for Glen us a studio in the comfort of his own home. He wants to be viewed as heroic, while his policy would create needless deaths in order to protect his pocket book, his investments in the stock market.

  2. I was unemployed before the crisis as a stay-at-home parent. Now I have a job sewing non-surgical masks on commission for just a little over material costs (because I'd rather give them away, but want to be able to afford more supplies in case there's greater need. )

    I plan to donate a few to the low income housing residents, as we lived there a while and know a lot of the elderly residents on a budget. So long as I make it explicitly clear they are not the best defense, but they are preferable to nothing, I hope it can be a big help.

  3. Made me think of that time during the 2016 campaign that Trump said of some woman, I don't recall which one at the moment… something about… bleeding out of whatever. Yeah, he's a classy man.

  4. Can't lie. Each time I hear you say letting millions meet him in the afterlife. It's good. I laugh each time. ?

  5. Fran the Internet is not the same without you. AJ plus should consider themselves lucky to have you. Lots of love from the UK

  6. Fran the Internet is not the same without you. AJ plus should consider themselves lucky to have you. Lots of love from the UK

  7. Once again we have a socialist complaining that economics matter….while being a socialist and not understanding a thing about economics. Why am I not shocked?

  8. Once again we have a socialist complaining that economics matter….while being a socialist and not understanding a thing about economics. Why am I not shocked?

  9. Francesca is hell of a host…An amazing one..
    Stay safe n stay happy…
    We will win this battle..( from an Indian)

  10. 4:25 He's being a lying dickhead. He wouldn't risk shit, he's not risking shit. Check out what he's doing right now. I bet he's been hoarding supplies for years and staying put at a palatial estate. To make these kinda statements is as authentic as when Trump said he would've talked down the Stoneman Douglas High shooter without any support.

  11. But in the u.s we can't afford it! We need to pay for bills, rent, mortgage and other. Not everyone has a job where they pay us during these times or offer pay leave, pay vacation time or personal time. It be amazing to do a whole lock down. But we can't.

  12. $1,200 would last me 6 months in 1820 dollars ($26,531).

    In 2020 dollars, it should last me about 2 weeks.

  13. Absolutely love this assessment, love the way you explain it and make your point. ??

    Keep up the good work!!!

  14. I’m really worries about you guys in the us and other countries with no social protection! Here, in Switzerland we’re guaranteed to all get a minimum wage during the crisis so it’s ok.
    Take all good care of you and each other 🙂

  15. 9:30 Trump DOES have a game-plan.

    make the States do everything so he does not have to be responsible for a damn thing.

  16. Im in texas, i lost my job, im now on unemployment and im not sure how im supposed to keep saving like i was for moving cause even though i made shit money with a job i make way less now

    I think i had a heart attack last night and im too scared to go to the hospital also im only 22 but all this is making my super shit mental health worse

  17. Very foolish to blame the Chinese. This virus came from a lab ONE BLOCK from the market. That research was run by two Chinese who were trained AND FUNDED by USA researchers of "gain of function" viruses. DuckDuck that term. USAID, GATES FOUNDATION, NIH, and Military Concerns FUNDED this reseach IN CHINA to the tune of MILLIONS OF DOLLARS. THE GLOBAL ELITE ARE USING THIS PANDEMIC FOR THEIR OWN AIMS. Now is the time to hit the streets to fight for Medicare 4 All, STAY HOME, BOYCOT AMAZON, NATIONAL STAY AT HOME STRIKE TO WIN FOR THE PEOPLE, NOT THE OLIGARGHS.

  18. this video got serious at the 9 min mark….but in all seriousness, this was great thanks for making me smile 🙂

  19. This Thing that is currently in office is so bad that I can't even listen to his voice before my skin begins to crawl rampantly but, frustratingly, I really need to know what is happening…..
    Thank you for what you do – it gives me that ability to know what's happening but completely absent of that pesky skin crawling thing.

  20. Thank you!!! Using the novelty of COVID-19, the US is waging biological warfare intent on inciting fear to sway the upcoming presidential election and implementing population control. Sacrafice the blood for the cult of capitalism!

  21. Trump Haters want to keep the economy shut down for as long as possible because they believe it hurts Trump. Party over country. If it hurts Americans more, then so be it. That's why they act like lunatics when anyone mentions a slow and careful return to normalcy. Their lust for power is insatiable and their seething hatred for Trump is almost pathological in nature.

  22. You funny Francesca Fiorentini! Really enjoying your content. When you getting that political satire gig on Netflix/HBO/..Disney+???

  23. The economy wants to rebound ummm what about the health of the American people will a rebound be seen

  24. So, Glenn Beck is saying that old folks need to go out to do the "necessary jobs" so that the young can stay home?
    I wonder what kind of "job" can he do that someone younger can't do from home?
    Can he pick strawberries? Fix a sewer line? Pick up the trash?

  25. To paraphrase Farquaad, " many of you will die (to save the economy) but it is a sacrifice I'm willing to make "

  26. You guys focused too much on your Facebook AJ+ account, the YouTube account was always neglected (for years), and its truly a shame .

  27. Here in Australia, the government is paying every worker in the country $750 per week. There is also a moratorium on various loans, rents and mortgages, this to ensure the survival of the economy when we are eventually able to return to some semblance of normalcy. This current crisis has laid bare the horrendous cost you will continue to pay for electing the moral and ethical black hole that is Trump. My sincere condolences, and best wishes for your ongoing safety.

  28. Let's be honest here..

    The billionaires are the brains behind the society . They have mastered the art of team building and creating value. If you get rid of them, you might get people with big mouths and no experience nor education to become presidents (ahem… Sanders!!)

    Even being a Nobel-Prize winning economist does NOT give you the power to magically make a small business succeed. And, thus you have a permanent lack of understanding of how businesses actually work.

    Are some billionaires greedy ?! Yes!! Billionaires are just human afterall..

    But, let's be extremely blunt here … Most of you are peasants (employees), who actually would fail miserably as a small business owner, let a lone a medium size company..

    Billionaires are like the Greek gods for you peasants. You must worship them. You know they have faults, but your peasant nature makes you NOT see that you are WAY more faulty than them!!!

    Let's help billionaires see that investing in a better future for our kids is the best way forward, and will yield much refined educated and business savvy future generations

    If you can't run a small business successfully, you are ABSOLUTELY a peasant !!!!

  29. Well yes, Glen Beck is saying he is willing to kill himself.. from his bunker. Let all these guys go out to work at the pandemic's peak and rely on only the same hospital services the uninsured have access to, and maybe we can take them seriously.
    100% he is sending other people out to defend his investment portfolio, while he continues to work from home, if you call that work.

  30. awesome vid, very fitting for the times. Socioeconomic Empowerment to the People!…but where's the cat? video missing a cat. Anyhoo, copyright 2009, An American Socioeconomic Empowerment Project: The Proposal for a PUBLIC market date is about Civic LLC health parks in USA, 10 locations, 1000 citizens ea location. project originally started to address poverty, crime, nutrition and health. has expanded to community and leadership issues, mental health awareness, social and economic bridges to build communities. free link Thank you for asking input at the end of the video. I love beautiful spirits, you are definitely one. beauty inside and out. Hoping we come out as a better people on the other side of this new order. stay blessed.

  31. Francesca Fiorentini I think you are a beautiful woman. But in this video you seem to dial in the Trump orange. Maybe it's just me. Been in shelter in place too long and I could be losing it.

  32. Unemployment is a pain and only pays once a week and less than half of what I made in a slow week and the Bank of America EDD card doesn’t work unless you go in person to withdraw your money or go online to transfer your money but it doesn’t work on app. And they still wonder what are you going to use your big check of $80.00 for week. I worked at Six Flags Magic Mountain in California and was about to start my second job when this whole thing started. If we had close down back in January in our slow season I would been in a better shape since I had 2 months saved up since the park was not in great shape starting this year and I was really having a hard time landing a new job until late February…. and yet membership/Season pass holders are complaining where’s their free stuff when they get updates and the employees are left hanging…

  33. I am still working, considered essential,UPS trucks going bye, mail being delivered,grocery stores open, auto parts stores open, liquor stores open, hmm, so who is in quarantine?

  34. Francesca was good on TYT but her truth, humor and sarcasm are unmatched and highly enjoyable when she’s flying solo.
    Tell it Franny!

  35. You do this so very well: maximum brains + serio-humorous analysis + minimum tech. All the 'Late Night' hosts – even my faves – are flailing appallingly by comparison w/o their massive staff+tech and add-on guests. I hope you help reshape this cyber-media info-scape

  36. Trump doesn’t care about a rebound if he doesn’t get re-elected. So, therefore he might re-start the economy just so that he can get an advantage in being voted in.

  37. The capitalist economy is going strong and thanks to the Coronavirus, it gives the capitalist economy an opportunity to make a killing.

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