>>> THE PRESIDENT OF THE UNITED STATES CAME OUT LAST NIGHT AND
GAVE AN OVAL OFFICE ADDRESS ON
CORONAVIRUS.
CORONAVIRUS. HE READ IT OFF A TELLEPROMPTER
AND WITHIN A SHORT PERIOD OF
TIME ADMINISTRATION HAD TO WALK
BACK AND CORRECT SEVERAL
SIGNIFICANT ERRORS THAT HE MADE
IN THAT WRITTEN SPEECH.
HE SAID THAT CARGO, CARGO WAS
GOING TO BE BANNED FROM EUROPE.
IT IS NOT.
HE SAID THAT INSURANCE COMPANIES
HAD AGREED TO PROVIDE
CORONAVIRUS TREATMENT FOR FREE.
THEY HAD NOT.
HE SUGGESTED FALSELY THAT
AMERICAN CITIZENS IN EUROPE
MIGHT NOT BE ALLOWED BACK IN THE
COUNTRY.
COUNTRY. THAT PROMPTED WHAT A "NEW YORK
TIMES" REPORTER DESCRIBED AS
AMERICANS PAID AS MUCH AS
$20,000 FOR LAST-MINUTE FLIGHTS
AND THIS, THIS WAS THE MARKET’S
FIVE MINUTES INTO HIS SPEECH AS
TRUMP KEPT TALKING, THE FUTURES
KEPT GETTING WORSE.
THIS MORNING THE DOW PLUNGED 10%
FOR ITS WORST DAY SINCE THE 1987
CRASH.
CRASH. IN FACT, IT DROPPED SO MUCH AND
SO QUICKLY IT TRIGGERED THE
SO-CALLED CIRCUIT BREAKER FOR
THE SECOND TIME IN A WEEK.
IT HAPPENED MONDAY AND AGAIN
TODAY.
TODAY. HALTING TRADING FOR 15 MINUTES.
ALL OF THIS IS A REFLECTION OF
THE UTTER MISMANAGEMENT AND
FAILURE BY THIS PRESIDENT FROM
THE VERY BEGINNING OF THIS
PANDEMIC.
PANDEMIC. THE CORONAVIRUS IS PRESENTING A
GOVERNING TEST FOR EVERY NATION
THAT IS FACING IT AND RIGHT NOW,
THE FEDERAL U.S. GOVERNMENT IS
FAILING THAT TEST.
AND IT IS FAILING IT FROM THE
TOP.
TOP. THAT IS NOT MY VIEW, THE
DIRECTOR OF HARVARD’S GLOBAL
HEALTH INSTITUTE SAID THIS, IT
HAS BEEN AN UNMITIGATED DISASTER
THE ADADMINISTRATION HAS BROUGHT
THE POPULATION AND I DON’T SAY
THIS LIGHTLY.
THIS LIGHTLY. WE HAVE HAD A MUCH WORSE
RESPONSE THAN IRAN, THAN ITALY,
THAN CHINA AND SOUTH KOREA.
THE NATIONAL SECURITY COUNSEL
USED TO HAVE A GLOBAL HEALTH
TEAM SPECIFICALLY TO DEAL WITH
PANDEMICS LIKE THIS.
PRESIDENT TRUMP SHUT IT DOWN
YEARS AGO.
YEARS AGO. THE PRESIDENT ORDERED TRAVEL
RESTRICTIONS FROM CHINA DURING
THE OUTBREAK THERE THAT DID NOT
PREVENT THE VIRUS FROM REACHING
THE U.S., OBVIOUSLY AND THEN OF
COURSE, THERE IS THE TESTING
SITUATION HERE WHICH TRUMP
CONTINUES TO LIE ABOUT AND IS
PROBABLY WORSE THAN ANY OTHER
COUNTRY OUTSIDE PERHAPS IRAN
WHERE WE DOCUMENT KNOWN’T KNOW R
WHAT’S GOING ON.
THIS IS THE PRESIDENT TODAY.
>> FRANKLY, THE TESTING HAS BEEN
GOING VERY SMOOTHLY.
IF YOU GO TO THE RIGHT AGENCY
AND AREA YOU GET THE TEST.
>> THAT IS FLATLY A LIE.
IT’S A LIE.
IT IS STILL EXTREMELY DIFFICULT
FOR MOST PEOPLE, THE
OVERWHELMING MAJORITY TO GET A
CORONAVIRUS TEST.
CORONAVIRUS TEST. THREE MONTHS AFTER THE FIRST
CASES WERE REPORTED IN WUHAN,
CHINA.
CHINA. AS THE TOP INFECTIOUS DISEASE
EXPERT IN THE GOVERNMENT, DR.
ANTHONY FAUCHI ANNOUNCED, THE
TESTING SYSTEM IS FAILING.
>> THE SYSTEM DOES NOT -- IS NOT
REALLY GEARED TO WHAT WE NEED
RIGHT NOW.
RIGHT NOW. WHAT YOU ARE ASKING FOR.
THAT IS A FAILING.
>> A FAILING?
>> IT IS A FAILING.
LET’S ADMIT IT.
>> THAT’S WHAT IS HAPPENING NOW
JUST WITH THE PANDEMIC BUT ON
TOP OF THAT, KEEP IN THIS MIND,
RIGHT NOW THE TRUMP
ADMINISTRATION IS IN COURT TO
TRY AND DESTROY THE ENTIRETY OF
THE AFFORDABLE CARE ACT.
THEY ARE RIGHT NOW PUSHING A
BUDGET INCLUDING AS OF THIS WEEK
IN TESTIMONY THAT WOULD
DRAMATICALLY CUT THE BUDGET FOR
THE IS UNDERSSUNDAY CENTERS OF D
AND REPEATEDLY SPREAD
DISINFORMATION THAT QUITE
LITERALLY ELEVATES THE RISK FOR
ALL OF US.
HE SAID THE CASES ARE GOING TO
BE DOWN CLOSE TO ZERO.
HE SAID ONE DAY IT’S LIKE AMIR
KIT,
KIT, MIRACLE IT WILL DISAPPEAR.
HE SAID IT IT TO THE FLU
TO TRY TO MINIMIZE IT, DESPITE
THE FACT THAT EVERY SERIOUS
PUBLIC HEALTH EXPERT SAYS IT IS
NOT LIKE THE FLU.
THIS HAS BEEN THE FEAR SINCE DAY
ONE OF THIS PRESIDENCY WHEN WE
ELECTED AND SWORE IN A RACIST
GAME SHOW HOST TO THE MOST
IMPORTANT JOB IN THE COUNTRY, A
JOB THAT TASKS HIM WITH MANAGING
HUGE RISKS ON OUR BEHALF.
THE FEAR IS THAT WE WOULD GET TO
THIS POINT.
THIS POINT. THE REPUBLICAN PARTY MADE A
DEAL.
DEAL. THEY ACCEPTED THAT RISK SO THEY
COULD GET TAX CUTS FOR THE RICH
AND CONSERVATIVE JUDGES.