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March 25, 2020 | CDC is a Private Organization – Not Government!

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

 

Some people have questioned my concern over both the CDC and John Hopkins University is a PRIVATE organization where the CDC accepts private funding – NOT ONLY GOVERNMENT! The CDC is quasi-government under the Department of Health and Human Services which strangely has sources of funding that are predicated on the fact that it also has a private 501(c)(3) public charity, like the Clinton Foundation. The CDC Foundation receives charitable contributions and philanthropic grants from individuals, foundations, corporations, universities, NGOs and other organizations to advance the work of the Centers for Disease Control and Prevention. This is NOT a government-funded organization. It is not exclusively a government-funded – very curious.

I have serious questions as to what is being driven by the CDC in conjunction with John Hopkins University who takes $1.8 billion from Bloomberg. The CDC and John Hopkins are either deliberately trying to create an economic depression, or are sublimely ignorant of the consequences of their scorched earth policy. Yes, we can cure contagions by sequestering everyone and shutting down the economy. We all then live on handouts from the government, stay home, don’t work, and watch TV? As one reader commented: “Mirror, Mirror, on the wall; Guess we are all socialists after all!”

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March 25th, 2020

Posted In: Armstrong Economics

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