Could This Be Another Case Of ‘Insider Trading’?

The case could be made that in an ‘Information Economy’ information is the coin of the realm.  Consequently one could posit that just as North Carolina’s Senator Burr is being investigated for Insider Trading for dumping his stock portfolio based on insider knowledge of the possible impact of the Coronavirus on the economy, shouldn’t the same happen to Pennsylvania’s Health Secretary, Rachel Levin?  After all, in the coin of the realm, what’s the value of a human being?  Certainly more than a stock portfolio, one would think.

 

President To Issue New Coronavirus Recommendations

Trump set to urge Americans to wear face coverings when outside

Politico – President Donald Trump is preparing to encourage Americans to wear face coverings, the latest effort to curb the spread of the coronavirus, according to three individuals with knowledge of the planned announcement.

Trump’s planned guidance — which two officials said is imminent but not yet finalized — would encourage Americans to use homemade coverings, like cloth masks, scarves or bandannas, when outside the home. Health experts believe that the practice, which is common in nations like Singapore and Japan but unusual in the United States, would reduce the risk of individuals not exhibiting symptoms spreading the disease.

No End To The Mainstream Media’s Coronavirus Hypocrisy

“Get a grippe, America. The flu is a much bigger threat than coronavirus, for now,” chides the Washington Post.

Oh yeah, America.  If we’re wrong we’ll just blame Donald Trump….yeah, yeah, that’s the ticket.  Oh, and by the way, the Flu has only “killed 25,000 so far” which is not so “extraordinary” and it “clearly poses a bigger and more pressing peril” than the “new coronavirus from China.”

Washington Post – The rapidly spreading virus has closed schools in Knoxville, Tenn., cut blood donations to dangerous levels in Cleveland and prompted limits on hospital visitors in Wilson, N.C. More ominously, it has infected as many as 26 million people in the United States in just four months, killing up to 25,000 so far.

In other words, a difficult but not extraordinary flu season in the United States, the kind most people shrug off each winter or handle with rest, fluids and pain relievers if they contract the illness.

But this year, a new coronavirus from China has focused attention on diseases that can sweep through an entire population, rattling the public despite the current magnitude of the threat. Clearly, the flu poses the bigger and more pressing peril; a handful of cases of the new respiratory illness have been reported in the United States, none of them fatal or apparently even life-threatening.