ARLINGTON, Va., March 3, 2020 /PRNewswire/ -- "The Fed must act immediately to cut interest rates and boost liquidity" says Prof. Victor Williams. "The Fed must act now. The Fed has foolishly fallen behind other central banks. The US Fed must lead in rate cuts and liquidity boosts immediately."
"By its delayed response to coronavirus uncertainty, the Fed threatens to stall the booming American economy. A significant (75 basis point) rate cut and a substantial boost to liquidity is needed now. By delay, the Fed jeopardizes America's economy and its own credibility."
Williams argues that American markets actually face two different threats – coronavirus uncertainties and the Democrats' leftward-lurch to socialism:
"The Fed must act now to protect the economy against uncertainties of coronavirus but Fed action is also needed to buffer the markets reaction to the Democrat Party's hard-left lurch to economic socialism."
"We do not know the extent of future disruptions by coronavirus. However, we know from history -- with absolute certitude – what horrendous economic and social damage will be caused by the Democrats' dangerous socialism."
"For America's economic health and future, Democrats like Bernie Sanders, Joe Biden, AOC+3, and Mark Warner must be stopped. There is not a dime's worth of difference between Sanders, Biden, and Warner. Warner has joined in the hard-left lurch as his party threatens to:
*Legalize and Encourage Late Term Abortions (including post-birth infanticide);
*Kill Economic Growth and Fiscal Stability (with increased taxes and regulations bankrupting Virginia's coal industry);
*Throw Open the Southern Border (to allow a massive flow –invasion -- of aliens who will then be given free health care and other largess);
*Eliminate Medicare (insuring "Medicare for None" with socialist schemes raising taxes on American workers and making private-employer insurance illegal)."
Williams' statement against Warner continued:
"Virginians remember that Mark Warner has never adequately explained his own 2014 Phil Puckett scandal. He has never explained his offer to sell a federal judgeship in a quid pro quo for a local politician's partisan cooperation? "Puckettgate" remains a viable issue in 2020. "
Warner's weak and conflicting responses to the 2019 Northam/Fairfax scandals are best described as "Puckettgate II" as Warner again chooses corrupt politicians over Virginia's interests. Sen. Warner actually said that Ralph Northam had a "right" to keep his high office if the Governor could manage to talk his way out of the racist scandal. "
16 years of Warner is enough. Virginia deserves much better."
On July 4, 2019, Prof. Williams announced his campaign with the intention of promoting an early, strong GOP field of candidates.
Today, Williams praised all his competitors in the primary contest. However, Williams gave special praise to veteran Daniel Gade for his proven fundraising abilities and his tireless campaigning throughout the Commonwealth of Virginia:
"I announced my campaign stating that I wanted to encourage the strongest, best Republican candidate to emerge early.
As Virginia filing deadline approaches, veteran Daniel Gade is fast emerging as that strongest candidate.
Dan Gade clearly has the public support, dedication, and passion to defeat Mark Warner in November 2020.
Williams, who is the founder of "Law Professor for Trump" also predicted that Donald Trump will win Virginia in the 2020 presidential contest.
Prof. Williams returned to his more immediate message:
"But meanwhile, the laggard Fed must significantly cut rates and substantially boost liquidity."
Paid for by: Victor Williams for Virginia vw4v.com.
SOURCE Professor Victor Williams