NON_POLITICAL China Coronavirus THREAD

[s0me0nesmind1]

Hotel industry wants $250 billion bailout..... Just so you understand, thats BILLION.

 

[brainhulk]

Hotel industry wants $250 billion bailout..... Just so you understand, thats BILLION.

Sure, after we turn their hotels into COVID19 quarantine rooms

 

[s0me0nesmind1]

Sure, after we turn their hotels into COVID19 quarantine rooms

Saw some good logic presented by others on another forum - basically - if Airlines and hotels want a bailout by the people - then they are subject to a "People's Bill of Rights" for their industry.

That means setting standards for things like seat-width/length, baggage charges (if any), hotel cancellation window, etc...

 

[[DHT]Osiris]

Saw some good logic presented by others on another forum - basically - if Airlines and hotels want a bailout by the people - then they are subject to a "People's Bill of Rights" for their industry.

That means setting standards for things like seat-width/length, baggage charges (if any), hotel cancellation window, etc...

That'd be worth the bailout imo.

That's pretty close to full-on socialist though, the citizenry dictating the policies of the companies it's a co-owner of, via the government it's a co-owner of.

Sign me up!

 

[s0me0nesmind1]

That'd be worth the bailout imo.

That's pretty close to full-on socialist though, the citizenry dictating the policies of the companies it's a co-owner of, via the government it's a co-owner of.

Sign me up!

It really isn't - and somehow I knew someone would latch on to that.

First and foremost - these are industries where capitalism no longer applies. An oligopoly is not capitalism. Limited places to fly via government mandated locations (Airports) is not free market capitalism.

 

[jpiniero]

You know what the Government should do - go full Corporate Raider. Form a VC firm to buy companies as they go bankrupt. Take the company public 4,5 years from now.

 

[shortylickens]

Remember all those times corporations whined about taxes killing them? Remember every time they lobbied for tax cuts? Remember every single time they grabbed tax dollars when they were in trouble?
I am betting the average voter forgets quickly, if they pay attention at all.

 

[CZroe]

There's been some posts in my FB feed saying that if you see a trucker trying to get a meal, maybe offer to go through the drive through for them to help them out. They're kinda screwed with current dine-in policies and obviously don't fit in the drive-thru. Right now and in the near future, they'll probably some of the most important people to help keep supply chains going.

I mentioned to my wife last night that there's another thing people aren't really talking about. Prior to all this, we were going thru a vaping epidemic involving some of our youngest demographics. I can't recall if we knew exactly what vaping was doing to their lungs, but with this covid business, who knows how it'll affect teens?

The vast majority will be better off than if they were smoking.

Gonna be an eye-opener to see what the pew polls show for voter blocs come November. I'm personally banking on a drop of ~10% R's, by death or by policy.

I'm just saying that, should the capitalist system collapse, anarchy is more likely than socialism ("exact opposite").

 

[CZroe]

Delete

 

[Artorias]

So whats the long term plan with all these closures. Do we all just magically think its going to gone when we get back to work?

Whats to stop the virus from going on the same upward trajectory when we all get back?

 

[ponyo]

The vast majority will be better off than if they were smoking.

I'm just saying that, should the capitalist system collapse, anarchy is more likely than socialism ("exact opposite").

Our capitalist system is not going to collapse. I wouldn't be buying stocks if I thought that. But our system is going to shift towards socialism. It won't be overnight but it'll happen. And that's going to give rise to China as new economic top dog and we'll be number 2. It was going to happen anyway but this world economic crash from the virus accelerated the timeline shift and position change.

 

[Six]

Truckers don't need help despite what anyone has heard from somebody who heard. You can still walk inside a restaurant, use the restroom, and get your food to go.

 

[brainhulk]

So whats the long term plan with all these closures. Do we all just magically think its going to gone when we get back to work?

Whats to stop the virus from going on the same upward trajectory when we all get back?

I think it will be a threat for as long as there is a population not yet exposed and no vaccine available.

 

[Mai72]

Just found out that someone from NY came down for the weekend in my area and has tested positive for COVID-19.

 

[s0me0nesmind1]

Just found out that someone from NY came down for the weekend in my area and has tested positive for COVID-19.

Traveling right now is a very smart idea.

 

[CZroe]

So whats the long term plan with all these closures. Do we all just magically think its going to gone when we get back to work?

Whats to stop the virus from going on the same upward trajectory when we all get back?

Nothing. The point was to delay some infections in order to flatten the hump. Going back LATER and getting infected LATER accomplishes that, since some people are getting it now.

Truckers don't need help despite what anyone has heard from somebody who heard. You can still walk inside a restaurant, use the restroom, and get your food to go.

Except that you can't in many/most populated places... including here. Where have you been? Most restaurants went delivery/drive-thru only in the last few days. Here's my local news report on this:

 

[Ichinisan]

This is getting serious. Circle-K has suspended the use of refill cups for pop. I reuse cups for months. This is like a 80% price hike overnight.

Well, since Chick-fil-A is drive-thru and curbside only, they've effectively stopped all drink refills too.

 

[Red Squirrel]

It's sickening all these big companies wanting (and probably going to get) bailouts. They make BILLIONS. Even if this goes on for a year they have a metric shit ton of money, they are the last people that need bailouts.

I'm all for the government assistance on small business as well as individuals, but not big corporations. They make more than enough money. Boo hoo they won't reach their target goal this quarter, cry me a river.

 

[ultimatebob]

Our capitalist system is not going to collapse. I wouldn't be buying stocks if I thought that. But our system is going to shift towards socialism. It won't be overnight but it'll happen. And that's going to give rise to China as new economic top dog and we'll be number 2. It was going to happen anyway but this world economic crash from the virus accelerated the timeline shift and position change.

It's true... this is just going to hasten the world domination of Amazon. Even those few people who were still shopping at brick and mortar stores are going to get scared of getting sick for the next few months and stop shopping more online now.

I'm sure that AWS will also make a fortune from the uptick in online video streaming, eSports, and online conference calls as well.

 

[Tweak155]

It's sickening all these big companies wanting (and probably going to get) bailouts. They make BILLIONS. Even if this goes on for a year they have a metric shit ton of money, they are the last people that need bailouts.

I'm all for the government assistance on small business as well as individuals, but not big corporations. They make more than enough money. Boo hoo they won't reach their target goal this quarter, cry me a river.

At the end of the day, these companies employ thousands and thousands of people. Regardless of how stupid they are with the money that comes in, I don't think the goal is to (only) support the people at the top, even though that's where a significant portion of a bailout would go.

 

[Amused]

Tell me about it. Remember this guy?


We had already been told from people who knew better not to let anyone spread that dangerous lie and that anyone spreading it should be ashamed of themselves. Is he? Nope. I called him out and he said I sounded like an Alex Jones conspiracy theorist:


He hasn't posted in this thread since January so I guess he really is "done here."

...but he did go into that OTHER thread to heap blame on the President with absolutely no shame for his own behavior. How do people like that sleep at night?!

Amused: People like you are the problem. You and others like you dismissed/ignored people who know including direct warnings ("don't let anyone tell you the flu is worse"), took comfort in pseudo-intellectual media distortions intended to calm people down, and spread those distortions just because they came from credible sources like the news media quoting flu statistics. Credible sources does not mean they have the right goal. Thanks to them and the people they influenced people who could have prepared much earlier didn't.

News writers aren't experts, no matter how much respect you have for CNN, ABC, etc. They are just writers paid to put a perspective on some numbers or info that make them sound smarter than everyone else so you'll go on reading their news. Read critically, between the lines, and you are your own expert.

When I said earlier that I appreciated this era where we could get first-hand accounting from witnesses and cut through the media narrative, I meant it. This is why. This is vindication.

For the love of fucking god, way to try a weak gotchtya.

I changed my mind way back in February when it became obvious it wouldn't be contained at all. I then made posts long before anyone else showing the exponential growth this would likely take.

Up until then there was no reason it wouldn't mimic the SARS and MERS outbreaks. Once it was obvious it wouldn't, I actually MADE A POST saying I was wrong in February in P&N.

You see, unlike Trump and his Cult, I can readily change my mind in the face of new information. And I did. While Trump was denying this and contradicting the CDC and WHO I did not. As soon as the CDC and WHO showed it was out in the wild and not containable I stopped saying it would be contained.

Here is my exact quote:

"Back when this was thought to be containable I made some statements that are obviously no longer true if the CDC and WHO prediction this will break containment is true.

My view has changed entirely based on new evidence from the CDC and WHO."

Where the fuck were you?

I sleep at night very well, thank you. Because I know I can change my mind based on new evidence and have no moral or ethical issues with my previous opinions being discovered to be misconceptions SO LONG as I can quickly and readily change that misconception in the face of conflicting evidence.

I do and I did.

Go pseudo-moralize somewhere else and defend Trump to someone who cares.

 

[s0me0nesmind1]

First Congressman that tested positive for COVID-19

Florida Republican becomes first lawmaker to test positive for coronavirus

Florida Rep. Mario Diaz-Balart (R) announced Wednesday he tested positive for COVID-19 after developing symptoms Saturday.He is the first member of Congress to test positive for the novel coronavir…

thehill.com

 

[s0me0nesmind1]

Heh, some Mark Cuban food for thought

Mark Cuban says bailed out companies should never be allowed to buy back their stocks ever again

"Not now. Not a year from now. Not 20 years from now. Not ever," the billionaire investor told CNBC.

www.cnbc.com

 

[Muse]

never heard anyone type or write rip in peace. strange.

Actually I'm ALIVE!

I hit 160 yesterday in my last stairs run. This morning the damn heart rate monitor started acting spooky and my mid-day run was even worse. It's only 6 weeks old, but the battery has evidently gone bad. Powr Labs guarantees the battery for 2 years and I posted to their Facebook page, presumably they'll contact me and send me a replacement battery. Anyway, I bought 15 new CR2032's a few weeks ago, damn prescient.

 

[ponyo]

Heh, some Mark Cuban food for thought

Mark Cuban says bailed out companies should never be allowed to buy back their stocks ever again

"Not now. Not a year from now. Not 20 years from now. Not ever," the billionaire investor told CNBC.

www.cnbc.com

I'm not a fan of Mark Cuban, but I agree 100% with him. These companies wasted billions on stock buybacks and even borrowed money to buyback even more stocks. If they had saved that money for rainy day, they could ride out this storm. That's what rest of us have to do with our finances. We go bankrupt when we don't. So should all these companies.