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Everything posted by Look at Ray Ray Run
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Our people want to return to work. They will practice Social Distancing and all else, and Seniors will be watched over protectively & lovingly. We can do two things together. THE CURE CANNOT BE WORSE (by far) THAN THE PROBLEM! Congress MUST ACT NOW. We will come back strong! Just amazing incompetence and denial about the severity of this thing. I'm not a financial doomsday kind of guy, but if he reopens the economy and tells everyone to go back to work and many states/governors listen and businesses follow lead (hopefully they won't), you are looking at a depression level economic downturn worse than we've seen in my lifetime. Reopening wouldn't save the economy, it would destroy it.
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The US is talking about ending the shut down in like 4 days which is way sooner than any other country did.
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Retweeted by the President: "They should take a SERIOUS LOOK at this..." Chuck Callesto wrote in the tweet posted to the president's account, with a link to a story with the headline "REPORT: French Doctor Reports 100 % Cure Rate Using Malaria Drug to Treat Corona Virus." The president should be dealing in facts, not internet circulated nonsense. I wonder why supporters of trump would turn to drugs like this with a 100% success rate as reported by the president. Sigh.
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Dude he's the fucking POTUS. What arent you grasping. He had a cult like following who will listen to him at all costs. He's the leader of the biggest economy and most powerful military in the world. He should be cautious, articulate, and rational when he speaks about mattersile this. Making shit up and spouting off nonsense is dangerous for the people, period. He has misled and lied about drugs, tests, a website and companies making masks because all he cares about is the market. I'm not sure how anyone can defend his work throughout this and how anyone can defend him citing "miracle drugs" that have not been tested and approved! He needs to be responsible, honest and composed. He gone.
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No chance.
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Right now they have no bill to vote on. Republicans have put a bill with no checks and balances out there for 500 billion of the allocations; basically giving major companies no restrictions or guidance on how they distribute their "bailout money." Socialism is only a bad word when it's personal and not corporate in America. Major corporations are as pro-capitalism as it gets within their lobby's, but the second shit hits the fan they have their hands out quicker than anyone else. The most socialistic aspect of the American economy is it's major corporations. By far the biggest piece of news to come out of this is the Fed basically saying it will print however much money is necessary to stave off a depression. For all wondering if we could afford safety nets and etc, and the many who have argued against them, this is proof that the argument of "you can't just print money" was pure nonsense. The Fed is proving time and time again that the value of the dollar is not tied to any sort of demand network, nor is it tied to anything but for perceived value, and that their insistence on not attacking the homeless and poverty problem in this country with "money can't be printed" excuse was pure nonsense. The Fed Govt will once again give billions to big corporations to distribute among the top while they screw the average workers all the way to the bank.
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Hope all are healthy and well. It's been a wild and crazy week, and don't think it delivered much good news for most. Trump is already starting to push for an end after 15 days, which really wouldn't just be pointless and negate the positive effects of the 15 days. Regardless, the economy needs a boost that isn't the government printing money and buying bonds; you can put money in everyone's pocket, but if jobs aren't there when things reopen nothing will matter. Illinois is looking at 1,000,000 being furloughed possibly, and if the businesses with temporary closings don't get help soon, those furloughed employees will soon be permanently unemployed.
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You can be if you surround yourself with brilliant people... which we all know isn't the case right now.
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CEO/boss tested positive. Pretty ridiculous; he was at the office on Friday and reportedly symptomatic; we had meetings and etc all day. Just stupid.
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You're not a scientist, so you are not forming any hypotheses. Stay safe.
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No, this is what scientists are saying. You are speculating based on absolutely nothing but your own personal thoughts. Instead of spreading misinformation at a time like this, let's focus on the facts for now.
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I recommend you read this: https://www.linkedin.com/content-guest/article/notes-from-ucsf-expert-panel-march-10-dr-jordan-shlain-m-d-/
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Half the population does not have it right now. That is not at all what has been said. The growth rate puts it at 40-70% over the next 18 months. You're literally speculating and cherry picking numbers to better your case. That's not how statistics works.
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How is testing pointless?
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Yup, reversed course right after receiving the pressure but only by cancelling recess, not by agreeing to a bill to help people. Still won't pass the house bill because someone he doesn't like sponsored it... and the Senate nor the WH have a bill ready to go. The bill proposed by the House would have done a lot of good for a lot of people.
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There are ways to protect yourself; there would be even more if they pass a damn bill. I don't know much about what you do, but just know that there is hope and opportunity to maintain your business through a time of shutdown that is not within your control. For starters, review your insurance agreements and seek out your act of god clauses; see if there were any worked in protections on that side. There are other things as well. I hope it works out. Small businesses can't survive months of construction typically; let alone months of social distancing. There are ways to limit your liability to weather the wave though.
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WTF?
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Sure, but that's a SHIT TON of people.
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And here's your economic dagger boys: "BREAKING: Mitch McConnell says he won’t look at House relief bill for coronavirus for another 12 days. This is absolutely insane and obscene. I feel as if it’s criminal. This negligence and playing politics is beyond corruption. Shame on GOP." Get these self fulfilling scumbags out of office.
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Even if the rate is 1/6th of what is reported, you're looking at deaths north of 500,000 towards 750,000.
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Nothing they can do if no one is buying their products; China also isn't "past this" by any means IMO. China is just a COG in the supply chain and if the chain is broken/shut down, they can't benefit from their freedoms within the locked down market.
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Yes, I have spent days in meetings the past week and it's crazy to see the consensus (but not everyone) on the side I am presenting. I am not naive enough to think I have the answer, surely, but I do believe people on this side of the aisle have substantiated their position statistically and I feel this is the right direction to head. Odds are, the President and the GOP will not get on board. The financial industry is turning quickly on this administration. The tides have turned; hopefully action is next.
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The economy is not going to improve as long as things continue to progress. The economy has only gotten worse, not better. If you allow this to happen over 4 months, you're talking about a recession that takes years to recover from. If we all accept the bleeding today, up front, for the next few weeks the recovery can start sooner.
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My guy, my company has lost 10 million dollars in 5 days! No one will be making a living if this extends out over months and businesses are impacted over that time. I would rather cease operations for a couple weeks to get things in line and then begin the recovery.
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That's fair BMags, but sadly the way things are reported we have already downplayed the fatality percentages because it's "only effecting old people." As if old peoples lives don't mean as much to the average person. If my dad died - I don't have children yet - I would be absolutely destroyed and devastated.
