And businesses boarded up some closed for good as the pandemic leaves many of these places in downtown San Jose Holding on by a thread watching these invoices you can see him right here behind me these are all invoices that of piling up over the past few months that were working with our vendors pay cash born on a decade old bar called haberdashery in downtown san jose. Hes also the cochair of the newly formed 40 Person Coalition called the greater downtown san jose Economic Recovery Task force which was championed by Council Member role parolees in may. Over the last 5 weeks. The group examined ways to keep businesses in district 3 open this week they submitted a list of 9 recommendations to the city. Some of them include extending free parking downtown and a new Marketing Campaign for the store fronts so being able to help build Consumer Confidence that we are operating safely and were hearing to guidelines so that they can. Come in and and support the businesses they love. Of course
Economy both from a pragmatic standpoint and from a psychological standpoint as well the message that it would be sending to the rest of the world trying to own more of our debt in the United States than just about any country in the world so why would they be doing this right well think about it so just today as we reported here as breaking news about an hour ago the u. S. Federal reserve came within moments of being pressured into lowering Interest Rates below 0 in the end they pulled back from taking them into negative territory but even that build up of what they might do was significant significant enough so china is worried that when you combine what the fed has already done in buying back bonds and pouring billions into banks and printing 2 trillion dollars to pump into a sputtering economy in the United States. What you have what you have is the makings of a weaker dollar a weaker dollar in other words as. Describe it the u. S. Currency will be devalued. And what china is essen
Hour as he is in wisconsin right now, far northeast port of that state in the city of marinet. As the president will be at a shipyard there, you reason he is there, the ship in the back of the picture there, that Company Involved is getting a 5. 5 billion contract to build 10 of those very exact ships. 1000 jobs to come into that area. You will likely hear the president tout that and job creation in wisconsin. That state, the badger state has been a focus for the white house and the Trump Campaign this week. There is a pretty good reason why, when you look at the history there, democrats won seven consecutive president ial elections. President trump flipped that state in 2016, winning less than 1 , 22,000 votes. 10 electoral votes are in play in november. The polls right now, if you listen to them, look at them, believe them, not looking good for the president , the real clear politics average he is down to joe biden by eight points. Highly respected Marquette University law has same e
Economy both pragmatically and psychologically china owns more of our debt than just about any other country so why are they doing this why are they doing this all right so all right hold on im being told now that the 2nd breaking story that we would tell you about has just occurred and this is where this plays into this situation with china think about this just today the u. S. Federal reserve was getting ready to announce or at least contemplate a historic move the u. S. Federal reserve was considering moving the u. S. Interest rate into negative territory but weve just learned just moments ago confirming. That the fed will not lower Interest Rates below 0 will not this is coming in as im telling it to you its being told to me by by producer thats the announcement weve been waiting for the fact that it contemplated going below 0 is enough though to force china to do what its doing so you see china is essentially worried that when you combine the fed contemplating lowering Interest Ra
Of the world china more of our debt in the United States than just about any country in the world so why would they be doing this right well think about it so just today as we reported here as breaking news about an hour ago the u. S. Federal reserve came within moments of being pressured into lowering Interest Rates below 0 in the end they pulled back from taking them into negative territory but even that build up of what they might do was significant significant enough so china is worried that when you combine what the fed has already done in buying back bonds and pouring billions into banks in printing 2 trillion dollars to pump into a sputtering economy in the United States what you have what you have is the makings of a weaker dollar a weaker dollar in other words as berts describe it the currency will be devalued. And what china is essentially saying is we see a storm coming and were going to start getting out getting out of the way while the getting out of the way is good so wha