There should be a national dialogue in getting back to work

[Boatdrinks]

2 hours ago, Tiberius said:

Another socislized industry. Dairy industry is socialism in action 

If it were not subsidized , and folks paid actual market rate for dairy products we would hear constant whining about how the poor cannot afford to get their vitamin D from food sources. There is also something to be said for not being dependent on foreign counties for too much of the food supply. The reasons for subsidizing certain things isn’t the same as the intent of socialism. 

[Chef Jim]

6 minutes ago, Boatdrinks said:

If it were not subsidized , and folks paid actual market rate for dairy products we would hear constant whining about how the poor cannot afford to get their vitamin D from food sources. There is also something to be said for not being dependent on foreign counties for too much of the food supply. The reasons for subsidizing certain things isn’t the same as the intent of socialism. 

Well yeah....but it’s socialism!!!  <Tibs>

[Tiberius]

13 minutes ago, Boatdrinks said:

If it were not subsidized , and folks paid actual market rate for dairy products we would hear constant whining about how the poor cannot afford to get their vitamin D from food sources. There is also something to be said for not being dependent on foreign counties for too much of the food supply. The reasons for subsidizing certain things isn’t the same as the intent of socialism. 

 Socialism brings us affordable milk. 

[Niagara Bill]

3 hours ago, Tiberius said:

 Socialism brings us affordable milk. 

Socialism is a word that venture capitalists want you to think as evil. Danny May and Freddy Mac are socialist programs bigger than anything other countries have

[Tiberius]

Just now, Niagara Bill said:

Socialism is a word that venture capitalists want you to think as evil. Danny May and Freddy Mac are socialist programs bigger than anything other countries have

Yup! FDIC is socialism for banks. Socialist security is loved by everyone 

[Chef Jim]

1 hour ago, Tiberius said:

Yup! FDIC is socialism for banks. Socialist security is loved by everyone 

What??  

[jrober38]

On 4/4/2020 at 1:33 PM, Boatdrinks said:

It works, but it’s not exactly free.Huge taxes come with it.  In a disaster scenario like this, the US had far mare capacity, ventilators per 1000 etc than any other country. Still probably not enough, but socialized healthcare is even more stingy. You’re competing for even less resources, so your chances of survival go down. 

 

Right. You pay for it through taxes, and health care around the world is as good or better in most developed countries for a fraction of the cost. 

 

You're probably right about pandemic circumstances. We'll see where the death rates wind up when this is all said and done. 

On 4/4/2020 at 2:04 PM, Joe in Winslow said:

 

Like, say, in Italy, France and Spain?

 

 

Or Canada, which faced a similar set of challenges as the US when this pandemic broke out overseas. 

Edited April 6, 2020 by jrober38

[SoCal Deek]

1 minute ago, jrober38 said:

 

Right. You pay for it through taxes, and health care around the world is as good or better in most developed countries for a fraction of the cost. 

 

You're probably right about pandemic circumstances. We'll see where the death rates wind up when this is all said and done. 

 

Or Canada, which faced all the same challenges as the US when this pandemic broke out overseas. 

You guys are way over simplifying this. The impact of and reaction to this virus has way more variables than the health care system. The biggest variable in the US is population density. If we learned anything it’s that people need to SPREAD OUT! Take NYC out of the equation and our national numbers would look way way way different.

[jrober38]

9 minutes ago, SoCal Deek said:

You guys are way over simplifying this. The impact of and reaction to this virus has way more variables than the health care system. The biggest variable in the US is population density. If we learned anything it’s that people need to SPREAD OUT! Take NYC out of the equation and our national numbers would look way way way different.

 

Without NYC the US death rate is till about 1.8%. 

 

Over the next few weeks that number will continue to move higher. 

[Tiberius]

 

Austria plans to start reopening shops next week, easing coronavirus lockdown

Reuters·3 hours ago

[3rdnlng]

12 hours ago, Niagara Bill said:

Socialism is a word that venture capitalists want you to think as evil. Danny May and Freddy Mac are socialist programs bigger than anything other countries have

Well, you certainly are an expert.

[RochesterRob]

14 minutes ago, Tiberius said:

 

Austria plans to start reopening shops next week, easing coronavirus lockdown

Reuters·3 hours ago

  Get back out to the counter!  Poloncarz is waiting for his sheets and towels.

[Foxx]

35 minutes ago, jrober38 said:

 

Without NYC the US death rate is till about 1.8%. 

 

Over the next few weeks that number will continue to move higher. 

... of, diagnosed cases. the actual rate is significantly lower.

[B-Man]

 

 

 

 

 

 

.

 

[Deranged Rhino]

All the models are being reworked with 20k+ less expected deaths based on new data. Putting us at 80k by August. Far less than the 2 million some have been screaming about, and far less than the 200k estimates which were reassessed two weeks ago. Now it’s in line with a bad, bad flu season. 
 

http://www.healthdata.org/covid

(cue the sadness of the Tibs crowd) 

[B-Man]

 

 

 

 

 

.

[Magox]

This is Insane!

 

 

Quote

 

There is “good news” for those who think the U.S. economy will have a tough time recovering from the coronavirus pandemic, said St. Louis Fed President James Bullard, on Sunday.

“There is a solution using available technology today to fix the economic part,” Bullard said, In an interview on the CBS News program “Face the Nation.”

That solution? Universal testing.

Bullard laid out a system where every American would be tested every day and would wear a badge with their negative result, similar to the ones people wear after they vote.

 

This would help the economy because people “could interact with each other with a lot of confidence,” he said. And the health-care sector would be able to bring care quickly to those in need.

 

 

 

 

James Bullard clearly understands the economy more so than anyone here.  But this is insane.  How does he not see that this is nearly impossible to achieve from a logistical standpoint??

 

We are going to test everyone EVERY DAY???   Does he not know that this is not realistic?

 

And the very idea that there is a system of people wearing badges is beyond bizarre.

 

I hear that Germany is considering doing something similar.   

 

We all hear about the arguments on how minorities can't even get a photo ID to go vote, JUST FOR ONE SIMPLE FUNCTION, to vote.  But we are going to expect everyone, minorities included to go find testing centers or whatever mechanism they have in mind to get tested every single day??  Where does this badge come from?  Does it get revoked when you test positive?  Do you have to go somewhere to get it?  Do you print it?

 

This is beyond ludicrous.  I hope for the life of me that this IS NOT PART OF THE PLAN.

Edited April 6, 2020 by Magox

[leh-nerd skin-erd]

14 hours ago, Chef Jim said:

What??  

Oh boy. Loved by everyone. That's awesome. 

[Magox]

PPP applications for BOA are booming!

 

 

Quote

 

Bank of America said Monday that it’s seen fierce demand for emergency rescue loans with current applications already accounting for nearly 10% of the entire amount allocated by Congress.

The bank confirmed that it has received applications from 177,000 small businesses for a total of $32.6 billion in financing. The current Bank of America numbers are its applications and do not represent the sums the Small Business Administration has approved.

 

The bank was the first major lender to set up and launch its portal for the Paycheck Protection Program though it was quickly inundated with requests.

The chaotic and widespread demand stems from the nation’s small business owners, who have scrambled to apply for the rescue funds out of fear they could miss out on the historic, $350 billion program.

Steven Mnuchin, the U.S. Treasury Secretary, has assured business leaders that he would request more money if that happened, though any additional funding would require congressional approval and face potential hurdles from fiscal conservatives.

 

 

 

Just think of that for a second.  They have already received 177k applications and that was as of Monday early morning EST time.  Clearly not all of the $32.6 Billion will be approved and it will certainly be interesting to see how much of that gets approved.  But the idea that in less than 2 full business days, one single Bank alone could potentially already have close to 10% of the Small Business Relief Bill portion doled out.    The other major banks will soon be getting in along with the small business lenders.

 

This is potentially very good news and it's very likely that the entire $350 Billion they have allotted for this will run out within weeks.   They should look to increase that ASAP.

[Taro T]

2 hours ago, Magox said:

PPP applications for BOA are booming!

 

 

 

 

Just think of that for a second.  They have already received 177k applications and that was as of Monday early morning EST time.  Clearly not all of the $32.6 Billion will be approved and it will certainly be interesting to see how much of that gets approved.  But the idea that in less than 2 full business days, one single Bank alone could potentially already have close to 10% of the Small Business Relief Bill portion doled out.    The other major banks will soon be getting in along with the small business lenders.

 

This is potentially very good news and it's very likely that the entire $350 Billion they have allotted for this will run out within weeks.   They should look to increase that ASAP.

 

It will be interesting to see if anything is left for sole proprietorships which have to wait until this Friday to apply.