Achtually! If we tax the wealthiest 99% (excluding undocumented transsexuals, underserved at risk and of color Muslims and Salvadoran felons of course) at 99%, we will be able to pay off the debt quite rapidly. Maybe you should consider watching CNN more often drumpftard!
Pretty much. With a fiat currency and fractional reserve banking, "paying it back" becomes a mathematical impossibility. It was always designed to be that way, it's a ponzi scheme. As long as it doesn't inflate too quickly at one time, the rest of the world still shows "confidence" by using the dollar as the world reserve currency.
As long as we innovate and advance the rest of the world along with us, in some form, people put up with the bullshit. The second we turn full Idiocracy and only consume, globally the world will decide to drop the dollar as the world reserve currency and let us flounder. This is way oversimplified but the gist of it.
Then what happens? Can we just inflate our currency to insane levels, pay our debts off with the worthless currency, and then revalue the currency or use a different denomination?
No. We drop the bullshit all together and go back to gold standard. I fully expect that to be one of Trump's main goals after re-election. he won't stop until the feds proverbial head is on a proverbial stake.
Fun fact: 15% home mortgage interest rates suck no matter whether 17 trillion dollars is a lot or a little money.
Another fun fact: home mortgages were 15% in the 1980s.
A third fun fact: fed borrowing $2T overnight will reduce liquidity in the credit market and bring all your variable rate and new fixed rate loans up. Yay!
There are now commercials telling people to stay home and not many people are batting an eye.
The Social Distancing thing is fucking creepy as fuck. It's insane how it not only wormed its way into the public consciousness, but at at the speed it did.
You know something is fucked when the people who are unironically calling Trump Literally Hitler, are now practically begging for a form of Martial Law and they're okay with the police enforcing it.
You nailed it, these people are full-blown Stockholm syndrome on cuckbook. I saw 20+ people in a thread saying stuff like, "I pray they don't release the quarantine for at least 4-5 months" and "3 weeks isn't long enough, we need almost a year to make sure we're all safe".
What the fuck is wrong with these idiots. And of course, the other 100 comments were about Trump causing it.
There are people calling for the police to enforce it! Like literally calling for "marshall" Law! (I know it's martial, reddit people are retarded and can't even spell what they are calling for)
What's wrong with them? It's their nature. Some people are natural minions. Followers. People who are fearful and lack confidence. They adore the loss of their own, and other's, freedom.
I’ve been thinking about this a lot lately and that’s my conclusion as well. I have a roomate who went full panick mode, thought they’d close state borders, and fled town. Probably because CNN suggested it or something
Yep, been fascinating to watch the shift over the last 2 weeks or so. Before everyone thought that was ridiculous, a weeks worth of media blitz seems to have done a number though
Seperation of society and family units, removal of educationz locking people in with a controlled news and educational source is literally how tyranny has risen in the past.
Is that what's happening now? No.
But you better believe Soros is watching how to implement this when "we" finally "vote" in his guy/gay/xe. Mass pandemic, then control through fear and disinformation.
Yes!!! And Bill Gates with his electronic microchipping?? Id2020.org. I was reading that WHO was even in on that. Would explain why they scared to whole world. Get everybody to accept a chip that tells who is vaccinated and safe too be around.
Look into the smart cities they are pushing. Forced inoculations to join the smart cities.
I assume this place is safe to discuss the bible. I'm not a longtime Christian but I've been reading that the mark of the beast may not be a simple chip. More like a pledge.
The deep state also now know that not even a virus pandemic can touch Trump. Just like the impeachment boost Trump also receiving big boost for his incredible handling of the crisis. Check mate
I think this whole thing is above both our sides. It's something bigger and more sinister than just or country. We just have Dems trying to hop in the train and take advantage of it.
it was a pretty successful test in that regard. i am surprised they tried this with Trump in office though. i really hope he can build in some countermeasures for the next time they try this
Imagine if Obama had exploited any of the major disease outbreaks that happened on his watch rather than letting the media cover up for him to make him look good.
This has been my thinking all along, anyone that wants to shut the country down whether it be deep state or terrorist (one and the same I know) now have the blueprints to make it happen.
In a year, when everyone understands the true scope of what we just dodged, President Trump will go down in history as the best President ever. This wasn’t the seasonal flu, or even H1N1, this was a 100-year pandemic that in the past has wiped out tens of millions of people globally.
To get an idea of the virility, the average mortality rate of COVID19 is around 3%, whereas the Spanish Flu was 2.5% even with 1918 medicine. It’s one potent little bugger, which is why it’s kinda hilarious that generic malaria meds knock it out within a few hours.
Good point, but Japan has some of the best healthcare in the world and it was not overloaded at the time. On the other hand, bureaucracy was blamed for making the situation worse.
Bullshit. We are only testing people with the worst symptoms so of course the mortality rate looks worse. But in a couple of months the real numbers will come out and we’ll find out COVID-19 is just the flu (lite). That is, it doesn’t even affect children.
Feel free to message me in a couple months telling me I was wrong. But otherwise I’m gonna drop a preemptive “I told you so”
Eh. There's no evidence to support this claim and ample evidence to suggest that this was yet-another-in-a-string-of-coronaviruses that have hit China since 2003 (!). Three major outbreaks, countless minor outbreaks--and all this predating the lab people point to that came online in 2017.
That said, after keeping a close eye on the statistics and being fairly confident that this wasn't as bad as posters like u/Barbs have continued to claim, the increasing number of people under the ages of 40-45 who require invasive interventions just to stay alive has gotten me concerned enough to believe that not everything the worrywarts here have said is untrue.
Whilst I still believe the R0 rate isn't as high as claimed and believe it's probably on par with the 1918 or 2009 H1N1 strains, this is problematic for the reason that this would infer there are fewer asymptomatic cases that people keep pointing to that don't seem to materialize (or don't stay asymptomatic, since current research suggests 95% of these cases eventually turn symptomatic in 5-10 days). Thus, the lethality rate is much higher than I've been speculating and therefore closer to the real figures.
But, fortunately, it looks like none of this matters. If the FDA doesn't suddenly decide to say the hydroxychloroquine/azithromycin combination "doesn't work because lol we want people to die," we'll be OK. I'm almost certain of it.
I would like to apologize to the posters I've labeled concern trolls. While I still don't completely agree with all of your collective conclusions, I have changed my mind upon seeing further evidence that supports at least some of your claims. This has changed my opinion on this virus as something that is the worst pandemic since 1918.
Maybe the difference is experience, and understanding and being able to easily spot propaganda when we see it. Most of the population doesn't notice these things, but some people just see through it without any problems. When you are 100% certain that a group is lying about something, but you don't fully know the degree, it's easier to drill down to the truth.
Numbers are nice, but statistics are one of the easiest things in the world for propagandists to fudge.
Numbers are nice, but statistics are one of the easiest things in the world for propagandists to fudge.
I'll concede this point, because one of the most egregious misapplications of statistics I've seen lately was the hospitalization-by-age-group breakdown released by the CDC. While it looked rather disconcerting for younger populations, the age groups were broken down according to 0-19, 20-44, 45-54, 55-64, 65-74, etc., with the 20-44 age group being overrepresented in hospitalizations.
See the problem?
I think the point I was making is that as data is coming out about this, it has me somewhat more concerned that this isn't just a mild disease. While it's mild for a majority of the population (>80%), it's the 20% figure that's concerning, and it would be nice to know why this affects some people severely but not others.
I've been posting a significant number of comments suggesting there's no reason to panic and this isn't as bad as some of the people around here have been suggesting (barbs, fastmandan, et al). You can validate this with some effort.
However, I don't cement my opinion into a single position. Certainly not as more information becomes available, which is why I disagree with the official metrics that this has an R0 of anywhere between 2-6 and is most likely closer to 1.4-1.6. Otherwise South Korea's positive results would be through the roof!
It's a lung thing, I think. Also, people panic when they have trouble breathing, and panic attacks can cause more trouble breathing. So, I think the complications there can explain some of that. I have one friend in Seattle who got 'really sick', and said he almost went to the hospital a week ago - from not being able to breathe. I get the impression that it's not a fun thing to get, if it gets ahold of you. It sounds a bit worse feeling than a flu? Still, people will survive it, and come out the other side.
If it's one thing I trust trump with it's our economy, and by extension, our finances. I trust he'll maneuver his way into doing something to get a chunk of change to help offset this at least. Here's looking at you CHYNA
I’m willing to bet he strong arms the Asshoe CCP in some fashion to relieve a portion of our debt to them. This is all also going to make it way more likely he’ll get support in bringing things back from China, and putting more sanctions and tariffs on them.
They can give us the money in debt relief, directly, through tariffs, or some combination of them all. If the whole world’s pissed at them, there’s not much they can do to save face here. They lost from the moment they bit the bat.
This stimulus is $6 trillion in total, and I think a significant portion is allocated to relocate vital supply lines to within the United States. The President wants us dependent on no one for our survival, and I don’t blame him.
There is still a lot of uncertainty in the market. We may have put in the lowest low of this pull back but we haven’t put in the bottom yet. The market needs to hear something definitive. This stimulus package is absolutely going to be bought up but it’s going to get faded too. Until we get back to work and companies can start issuing guidance on earnings, we’ll be chopping around where we’re at now. There’s still time to get in, even if it’s just a nibble.
Nice! I’m actually doing something on VXX. I had. VXX puts that I dumped at open yesterday and bought back into end of day after it climbed back up and the premiums were at a more appealing price again. I’m hoping for them to give decent returns, I’m just debating how long to hold with the jobs report looming.
Yeah, I agree with you. We haven’t put in the bottom yet, VIX trended higher today after gaping down at open, things are still shaky. We need the employment numbers to be at expectations or below this week and we need to get back to work ASAP.
Employment numbers are announced at 8:30 tomorrow morning. The expectation is that they’re priced in and everyone is expecting a big number but I think when that number actually gets posted it’s gonna be shocking to see in black and white. I think we’ll pull in more tomorrow and Friday. Getting back to work is the biggest piece of stabilizing the market.
It’s definitely priced in but I still expect movement, that movement depends on how it compares to expectations but I think you are right about the shock factor. And I agree, we won’t see VIX fall significantly until everything’s opening up, which I hope is asap/easter.
Well, that was a wildly unexpected day. I thought for sure we’d rally in the AM today and fade to a complete rollover during lunch and into close. That didn’t happen. lol
Too early for that, America still has 2 months of dealing with shelter in place bullshit and dem govs declairing mandatory lockdowns of their states. Hold on to your butts the next 2-4 weeks.
Careful tomorrow. It might be a “sell the news” event. Futures for the SP500 and Nasdaq are still red. DOW is up 50 points. I expect a huge recovery by the end of the year, though.
Futures started to move up a bit now. I’m not expecting anything even close to what we had today though. Hopefully market reaction to employment later this week doesn’t pull us back too much, but I’m still trying to stay optimistic and hope to see VIX fall back down some tomorrow with this passing.
I’m taking that as a sign that we’re gonna MOON tomorrow now. Can’t wait to ride this baby up and make even more than I did riding it down. If I’m lucky i’ll shave a few more years off the retirement wait thanks again to Trump.
I still don't think this should've been ruled unconstitutional. You want your pork? Override the veto. Instead congress gets to force the president into a shit position each time but fattening each bill with tons of bullshit.
Line item veto or pass each funding item separately. That way you have no doubt in what these people support or not.
No, I don't care how much time that would take or how many items it would be. We already overpay these idiots. Might as well make them use the time up.
She legitimately thought she we get at least a few things off the checklist because Trump couldn't wait. She only found out later that she took the heat for it not Trump
How the fuck is this getting upvoted? She's more than "the bad cop." So she's a scapegoat? Are you fucking kidding me? Seriously though, how is this stupid shit upvoted?
I'm REALLY hoping they held out against the crazy voting B.S. also, Schumer said it funded community health centers. If this is money to abortion centers I will be ballistic.
Doesn’t registration and ballot harvesting happen through state law? I was under the impression that the federal government doesn’t have the authority to regulate voting laws.
Yeah, I mean we definitely gave stuff up. Hopefully it was more unemployment compensation and more money to state governments. I can live with that stuff. I can't live with stuff not directly related to fighting coronavirus, money to American CITIZENS or propping up sectors of the economy.
Schumer tried to play the Savior of America, saying the democrats were working so hard, so many sleepless nights and the mean republicans were haggling. He's a piece of Schiff!
I hope to goodness it's a clean bill, not chock full of garbage.
I and others have been saying it for weeks now, but in 3-6 months we’ll all be saying this is the biggest and most expensive overreaction the history of mankind has ever seen. We’ve successfully played ourselves into multigenerational debt and a forever changed way of life. Congratulations us.
Great, now the Republicans will pretend that bill doesn't contain all the dem wishlist items and billions will be sent to agencies and institutes whose priority is hiring more transgender climate change victims.
Great, now the Republicans will pretend that bill doesn't contain all the dem wishlist items and billions will be sent to agencies and institutes whose priority is hiring more transgender climate change victims.
Yeah... 99% certain this was the senate bill they passed. The evil shit Democrats wanted was in the house bill.
If they had passed the house bill it would have to go to the senate next. Since it's not doing that, it appears they passed the senate bill, hopefully as-written.
As long as the money is put to use for fighting not only the Coronavirus but other viruses as well and putting us on a path moving forward to deal with the inevitable biological warefare/terrorism in the future I'm okay with it. If they sneaked in garbage like funding for Sanctuary Cities and giving illegals a pass, I'm going to be pissed.
Basically this means two things: 1) No one gives a shit about our national debt and 2) anytime shit hits the fan the government will be there to bailout the billion dollar companies.
The airlines have cancelled tens of thousands of flights. The ones still scheduled are flying with almost no passengers. They pay for the planes, the fuel in storage tanks, their employees, buildings, airport gates. It's likely some will have to merge to stay financially viable. The country can't get back to normal without airlines. That's just one example of big business that has been harmed.
Yep, this has been long established, unfortunately. At least this time a fraction of a percent of it goes directly to regular people...... progress??? I don't even know any more.
The national debt doesn’t matter unless you believe it is actually debt that will be paid. It’s not. The debt will always grow and never shrink because that is how the financial system sustains itself.
As long as we have a debt-based money, this will be true.
Letting these companies fail would not be good. They are struggling because the economy is shutdown. It’s not the same as failing from bad business decisions.
I’d rather the government not be involved at all, but if you use fiat currency then intervention is inevitable, and this is actually a good reason to intervene for once.
This is more robbery. 2 Trillion divided equally among each and every 350 million one of us (adult and child) is about $5700 EACH. Why not just give it to everyone? It would really simulate the economy and not just end up further enriching the top.
Ahh so this is the culmination of he hypochondriac society we live in. Whipped into a frenzy by the media and idiots who are convinced they have celiac disease or some other shit. Omg I’m coughing, better go get tested for covid!
Has any information surfaced yet on what they settled on in this deal. I know what Pelosi was proposing....
The little that I have been able to find so far sounds like GEOTUS and Cocaine Mitch made the Dems drop their demands completely (or the negative publicity did).
Spez: did some more reading and it sounds like she bent the knee....I still want to see it in writing though
I am going to have to get me one of those Treasury-Thingys. When I need more money, I'll just print off as much as I need with my "Home Basement Treasury Kit". Then I don't ever have to worry about that stupid budgeting, or that troublesome running out of money situation, or that hard math to figure out how much money I have left to spend.
Make them call out the line items on the floor and who wanted that line item. Two trillion??? No one can even fathom that amount of money! Don't give in, boss
It's almost a guarantee that they shoved a bunch of beneficial stuff for illegal immigrants and various types of refugees in there. Neither the left nor the right, at the political class level, understands why that's bad for the country.
Here comes inflation. I hope not, but I don't see how this doesn't cause the price of everything to instantly rise once everyone starts cashing those checks.
As long as the house is controlled by Dems. Every bill is going to have some ridiculous stuff. But I’m glad they passed this quickly. Hopefully it will bring the economy right back.
This is one of those situations were honestly... folks are gonna need that handout, Cause, they probably won't get that job back for a while even after this all blows over, people are gonna be nervous to travel for well... a few months if not into next year.
Oh good! Now our grandkids will pay for the great overreaction of 2020 for generations to come!
Spez: Downvote away! Anyone that's happy about 2 TRILLION more debt needs to get their head checked!
Even before this it was a mathematical impossibility to ever fix this shit. I have given up thinking about it.
Achtually! If we tax the wealthiest 99% (excluding undocumented transsexuals, underserved at risk and of color Muslims and Salvadoran felons of course) at 99%, we will be able to pay off the debt quite rapidly. Maybe you should consider watching CNN more often drumpftard!
If we just quarantined the federal government for 5 years, we could save $25 trillion and pay it all off.
This Pede knows how things work.
Hahahahaha
Can we try 'kill the poor'?
Original.
I loved this show. "Are we the baddies?"
You, sir/ma'm/it/they/them/he/she/at/in/raptor/Lego, are a mother fucking GENIUS!
Pretty much. With a fiat currency and fractional reserve banking, "paying it back" becomes a mathematical impossibility. It was always designed to be that way, it's a ponzi scheme. As long as it doesn't inflate too quickly at one time, the rest of the world still shows "confidence" by using the dollar as the world reserve currency.
As long as we innovate and advance the rest of the world along with us, in some form, people put up with the bullshit. The second we turn full Idiocracy and only consume, globally the world will decide to drop the dollar as the world reserve currency and let us flounder. This is way oversimplified but the gist of it.
Then what happens? Can we just inflate our currency to insane levels, pay our debts off with the worthless currency, and then revalue the currency or use a different denomination?
No. We drop the bullshit all together and go back to gold standard. I fully expect that to be one of Trump's main goals after re-election. he won't stop until the feds proverbial head is on a proverbial stake.
Every Republican, Democrat, and Independent in every town council, city hall, state house, and Congress:
Fun fact: 15% home mortgage interest rates suck no matter whether 17 trillion dollars is a lot or a little money.
Another fun fact: home mortgages were 15% in the 1980s.
A third fun fact: fed borrowing $2T overnight will reduce liquidity in the credit market and bring all your variable rate and new fixed rate loans up. Yay!
Thank goodness for my fixed APR then!
Treefifty!
Schfifteenteen
Thrieve
schfifty fi?
Bigly numbers!
Huge!
I'm just enjoying fresh produce and meats while they're available.
YES MEIN FUEHRER!
I mean, not no. Just worried that this will become the new norm whenever someone sneezes.
There are now commercials telling people to stay home and not many people are batting an eye.
The Social Distancing thing is fucking creepy as fuck. It's insane how it not only wormed its way into the public consciousness, but at at the speed it did.
You know something is fucked when the people who are unironically calling Trump Literally Hitler, are now practically begging for a form of Martial Law and they're okay with the police enforcing it.
You nailed it, these people are full-blown Stockholm syndrome on cuckbook. I saw 20+ people in a thread saying stuff like, "I pray they don't release the quarantine for at least 4-5 months" and "3 weeks isn't long enough, we need almost a year to make sure we're all safe".
What the fuck is wrong with these idiots. And of course, the other 100 comments were about Trump causing it.
There are people calling for the police to enforce it! Like literally calling for "marshall" Law! (I know it's martial, reddit people are retarded and can't even spell what they are calling for)
They like being paid to sit and home and do nothing.
They do realize they personally could just continue to stay in their parent’s basement and never come out?
What's wrong with them? It's their nature. Some people are natural minions. Followers. People who are fearful and lack confidence. They adore the loss of their own, and other's, freedom.
I’ve been thinking about this a lot lately and that’s my conclusion as well. I have a roomate who went full panick mode, thought they’d close state borders, and fled town. Probably because CNN suggested it or something
Yep, been fascinating to watch the shift over the last 2 weeks or so. Before everyone thought that was ridiculous, a weeks worth of media blitz seems to have done a number though
It’s the new buzzword on social media.
Seperation of society and family units, removal of educationz locking people in with a controlled news and educational source is literally how tyranny has risen in the past.
Is that what's happening now? No.
But you better believe Soros is watching how to implement this when "we" finally "vote" in his guy/gay/xe. Mass pandemic, then control through fear and disinformation.
Signs all over the interstate saying "STAY HOME". Incredibly creepy.
Are we gonna talk about this digital currency proposal that came out of nowhere?
This country is fucked by left and right.
Yes!!! And Bill Gates with his electronic microchipping?? Id2020.org. I was reading that WHO was even in on that. Would explain why they scared to whole world. Get everybody to accept a chip that tells who is vaccinated and safe too be around.
Look into the smart cities they are pushing. Forced inoculations to join the smart cities.
I assume this place is safe to discuss the bible. I'm not a longtime Christian but I've been reading that the mark of the beast may not be a simple chip. More like a pledge.
And weirdly, I normally practice staying away from people as my general MO.
Smart Mom
The deep state also now know that not even a virus pandemic can touch Trump. Just like the impeachment boost Trump also receiving big boost for his incredible handling of the crisis. Check mate
Eh, this whole thing seems way too coordinated from both sided.
I think this whole thing is above both our sides. It's something bigger and more sinister than just or country. We just have Dems trying to hop in the train and take advantage of it.
it was a pretty successful test in that regard. i am surprised they tried this with Trump in office though. i really hope he can build in some countermeasures for the next time they try this
It was intended to take him out of office. It backfired. As is tradition.
Digital currency?
Travel bans for the next 4 years.
Imagine if Obama had exploited any of the major disease outbreaks that happened on his watch rather than letting the media cover up for him to make him look good.
This has been my thinking all along, anyone that wants to shut the country down whether it be deep state or terrorist (one and the same I know) now have the blueprints to make it happen.
In a year, when everyone understands the true scope of what we just dodged, President Trump will go down in history as the best President ever. This wasn’t the seasonal flu, or even H1N1, this was a 100-year pandemic that in the past has wiped out tens of millions of people globally.
To get an idea of the virility, the average mortality rate of COVID19 is around 3%, whereas the Spanish Flu was 2.5% even with 1918 medicine. It’s one potent little bugger, which is why it’s kinda hilarious that generic malaria meds knock it out within a few hours.
Yep, definitely designed in China.
Estimated to be 50 million worldwide and less than a million in the US.
Meanwhile, being fat counts for 18% of the total deaths in the US every year. Why aren't we panicking about that?
Listen fats! You can't catch fats!
No, instead we encourage it with all kinds of food programs and glorify fatties even in Sports Illustrated Swimsuit Edition.
That was also during a world war where countries resourses and medical ability were definitely depleted and strained
More like 0.7%. Remember, it was around 1% on the Diamond Princess, and that was mostly seniors.
Good point, but Japan has some of the best healthcare in the world and it was not overloaded at the time. On the other hand, bureaucracy was blamed for making the situation worse.
Bullshit. We are only testing people with the worst symptoms so of course the mortality rate looks worse. But in a couple of months the real numbers will come out and we’ll find out COVID-19 is just the flu (lite). That is, it doesn’t even affect children.
Feel free to message me in a couple months telling me I was wrong. But otherwise I’m gonna drop a preemptive “I told you so”
Well, you and me both agree.
Bullshit. You are buying into the fearmongering propaganda.
Eh. There's no evidence to support this claim and ample evidence to suggest that this was yet-another-in-a-string-of-coronaviruses that have hit China since 2003 (!). Three major outbreaks, countless minor outbreaks--and all this predating the lab people point to that came online in 2017.
That said, after keeping a close eye on the statistics and being fairly confident that this wasn't as bad as posters like u/Barbs have continued to claim, the increasing number of people under the ages of 40-45 who require invasive interventions just to stay alive has gotten me concerned enough to believe that not everything the worrywarts here have said is untrue.
Whilst I still believe the R0 rate isn't as high as claimed and believe it's probably on par with the 1918 or 2009 H1N1 strains, this is problematic for the reason that this would infer there are fewer asymptomatic cases that people keep pointing to that don't seem to materialize (or don't stay asymptomatic, since current research suggests 95% of these cases eventually turn symptomatic in 5-10 days). Thus, the lethality rate is much higher than I've been speculating and therefore closer to the real figures.
But, fortunately, it looks like none of this matters. If the FDA doesn't suddenly decide to say the hydroxychloroquine/azithromycin combination "doesn't work because lol we want people to die," we'll be OK. I'm almost certain of it.
I would like to apologize to the posters I've labeled concern trolls. While I still don't completely agree with all of your collective conclusions, I have changed my mind upon seeing further evidence that supports at least some of your claims. This has changed my opinion on this virus as something that is the worst pandemic since 1918.
Maybe the difference is experience, and understanding and being able to easily spot propaganda when we see it. Most of the population doesn't notice these things, but some people just see through it without any problems. When you are 100% certain that a group is lying about something, but you don't fully know the degree, it's easier to drill down to the truth.
Numbers are nice, but statistics are one of the easiest things in the world for propagandists to fudge.
I'll concede this point, because one of the most egregious misapplications of statistics I've seen lately was the hospitalization-by-age-group breakdown released by the CDC. While it looked rather disconcerting for younger populations, the age groups were broken down according to 0-19, 20-44, 45-54, 55-64, 65-74, etc., with the 20-44 age group being overrepresented in hospitalizations.
See the problem?
I think the point I was making is that as data is coming out about this, it has me somewhat more concerned that this isn't just a mild disease. While it's mild for a majority of the population (>80%), it's the 20% figure that's concerning, and it would be nice to know why this affects some people severely but not others.
I've been posting a significant number of comments suggesting there's no reason to panic and this isn't as bad as some of the people around here have been suggesting (barbs, fastmandan, et al). You can validate this with some effort.
However, I don't cement my opinion into a single position. Certainly not as more information becomes available, which is why I disagree with the official metrics that this has an R0 of anywhere between 2-6 and is most likely closer to 1.4-1.6. Otherwise South Korea's positive results would be through the roof!
It's a lung thing, I think. Also, people panic when they have trouble breathing, and panic attacks can cause more trouble breathing. So, I think the complications there can explain some of that. I have one friend in Seattle who got 'really sick', and said he almost went to the hospital a week ago - from not being able to breathe. I get the impression that it's not a fun thing to get, if it gets ahold of you. It sounds a bit worse feeling than a flu? Still, people will survive it, and come out the other side.
Only if Trump is in office, probably. If it were Obama, thousands can die and not a peep about needing equipment
Ahhhhhhh choo
You can’t really dust for vomit.
At this point, both Sears and K-Mart stores refuse to handle the album....
Money talks...and bullshit walks.
An under rated album to be sure.
Don't underestimate the leftists' resolve. Big Tech will move heaven and earth to mess with the election.
If it's one thing I trust trump with it's our economy, and by extension, our finances. I trust he'll maneuver his way into doing something to get a chunk of change to help offset this at least. Here's looking at you CHYNA
I’m willing to bet he strong arms the Asshoe CCP in some fashion to relieve a portion of our debt to them. This is all also going to make it way more likely he’ll get support in bringing things back from China, and putting more sanctions and tariffs on them.
They can give us the money in debt relief, directly, through tariffs, or some combination of them all. If the whole world’s pissed at them, there’s not much they can do to save face here. They lost from the moment they bit the bat.
That would make me happy considering our debt to them is at least half of what we’re about to spend, so more than a fair chunk.
This stimulus is $6 trillion in total, and I think a significant portion is allocated to relocate vital supply lines to within the United States. The President wants us dependent on no one for our survival, and I don’t blame him.
Trump II: Trump’s Revenge! Four more years of globalist pain!
Implement digital currency
Hyper inflate
Debt went down
That’ll take out a little more than half of what this is going to cost so I’m down. But Trump needs to strongarm them into it rather then default.
It still hasn't been voted on yet. "We have a deal" doesn't mean shit in DC. I'll wait until the vote is official before I believe it.
Can't we trick her into shaking hands with Amy Klobuchar instead?
If we don't open back up for business, there will have to be more infusion. 😡
Theyre better not be BS in here
"We have a deal" also means you should be afraid.
DOW + 3000 tomorrow
I put in $200 on Monday. It ain't much but the profit will make a nice Trump donation!
There is still a lot of uncertainty in the market. We may have put in the lowest low of this pull back but we haven’t put in the bottom yet. The market needs to hear something definitive. This stimulus package is absolutely going to be bought up but it’s going to get faded too. Until we get back to work and companies can start issuing guidance on earnings, we’ll be chopping around where we’re at now. There’s still time to get in, even if it’s just a nibble.
This guys r/WSB
Yeah but try telling that to wsb right now, sun is in full 🌈 🐻 mode trying to will SPY200p into reality as soon as possible.
Aka the only tolerable sub that can pump out quality memes and not act all offended by SJW bullshit on Reddit.
So you think leaps are the play right now?
Nice! I’m actually doing something on VXX. I had. VXX puts that I dumped at open yesterday and bought back into end of day after it climbed back up and the premiums were at a more appealing price again. I’m hoping for them to give decent returns, I’m just debating how long to hold with the jobs report looming.
Yeah, I agree with you. We haven’t put in the bottom yet, VIX trended higher today after gaping down at open, things are still shaky. We need the employment numbers to be at expectations or below this week and we need to get back to work ASAP.
Employment numbers are announced at 8:30 tomorrow morning. The expectation is that they’re priced in and everyone is expecting a big number but I think when that number actually gets posted it’s gonna be shocking to see in black and white. I think we’ll pull in more tomorrow and Friday. Getting back to work is the biggest piece of stabilizing the market.
It’s definitely priced in but I still expect movement, that movement depends on how it compares to expectations but I think you are right about the shock factor. And I agree, we won’t see VIX fall significantly until everything’s opening up, which I hope is asap/easter.
Well, that was a wildly unexpected day. I thought for sure we’d rally in the AM today and fade to a complete rollover during lunch and into close. That didn’t happen. lol
This is why Trump is working his fucking ass off, to get a treatment and get America back to work!
I’ve never seen a president work harder than president Trump!
Same. People that say he’s not doing anything blow me away. He’s killing himself to end this thing and I think he’s crushing it.
Wait for volatility to fall a bit which hopefully will happen sooner than later and premiums should go down. Leaps aren’t to pricey right now.
I'm just letting my retirement accounts ride this one. I don't have the cash on hand and liquidating assets would be irresponsible right now.
Too early for that, America still has 2 months of dealing with shelter in place bullshit and dem govs declairing mandatory lockdowns of their states. Hold on to your butts the next 2-4 weeks.
This guy understands.
Those Dem govs need to be arrested and those lockdowns removed, or this is going to be ugly.
Careful tomorrow. It might be a “sell the news” event. Futures for the SP500 and Nasdaq are still red. DOW is up 50 points. I expect a huge recovery by the end of the year, though.
Futures started to move up a bit now. I’m not expecting anything even close to what we had today though. Hopefully market reaction to employment later this week doesn’t pull us back too much, but I’m still trying to stay optimistic and hope to see VIX fall back down some tomorrow with this passing.
Just looked a CPL min ago.
Dow +420 Nasdaq +69
;)
I’m taking that as a sign that we’re gonna MOON tomorrow now. Can’t wait to ride this baby up and make even more than I did riding it down. If I’m lucky i’ll shave a few more years off the retirement wait thanks again to Trump.
Was going to say, it climbed all day yesterday.
Futures are mostly unchanged. I think the big rally earlier today +2000 was factoring in an assumed deal already.
Just remember, whatever pork is in this bill, both “sides” wanted.
Rather have some pork than all the ridiculous bullshit Pelosi wanted
She was the “bad cop”. Both sides wanted it all. They will take whatever they can get while making as few representatives look like they wanted it.
They are a uniparty. We keep getting played.
Trump is not one of those people. Remember that. He stated he would no accept certain ideological bullshit.
So let's pray they kept that stuff out or he will be in a tough position.
I wish trump could line item veto.
I still don't think this should've been ruled unconstitutional. You want your pork? Override the veto. Instead congress gets to force the president into a shit position each time but fattening each bill with tons of bullshit.
Line item veto or pass each funding item separately. That way you have no doubt in what these people support or not.
No, I don't care how much time that would take or how many items it would be. We already overpay these idiots. Might as well make them use the time up.
She legitimately thought she we get at least a few things off the checklist because Trump couldn't wait. She only found out later that she took the heat for it not Trump
Her own people wouldn't stand up with her. When she has support, she has a bunch of other cucks standing behind her. On this... ghosted.
This. For the most part republicans are democrat lites. 2 trillion is over half of what the government gets from taxes in a year.
We are pulling in billions in tariffs. I guess tariffs are going to stay for a while.
If you need two dollars and I hand you a half-penny, are you meaningfully closer to your goal?
It isn't "this." What were the Republicans trying to get in the relief package that had zero tangential relationship to the pandemic? I'll wait.
Good cop/bad cop
Yep.
People really buying that the Dems were dumb enough to try to pull all of that? "Oh tee hee you caught us being sneaky".
Keep your eyes on this digital currency bullshit. Never let a good crisis go to waste.
How the fuck is this getting upvoted? She's more than "the bad cop." So she's a scapegoat? Are you fucking kidding me? Seriously though, how is this stupid shit upvoted?
And what did she manage to have stuffed into this one? We will find out tomorrow.
Ballot harvesting?
All I care about is there ballot harvesting in the bill?
I'm REALLY hoping they held out against the crazy voting B.S. also, Schumer said it funded community health centers. If this is money to abortion centers I will be ballistic.
I pray we didn't cave on the ideological stuff.
Agreed, that is what I'm listening for first and foremost.
Pardon the ignorance, but what is this “voting stuff”?
Same day registration, "ballot harvesting", maybe some other fuckin BS too?
I'm also concerned about the DACA clause.
Doesn’t registration and ballot harvesting happen through state law? I was under the impression that the federal government doesn’t have the authority to regulate voting laws.
Also my impression but limits on federal power have never stopped the authoritarians in the past.
Bipartisan = republicans caved.
Hopefully it has enough good in it to actually help those who are hurting the most though... Time will tell.
Yeah, I mean we definitely gave stuff up. Hopefully it was more unemployment compensation and more money to state governments. I can live with that stuff. I can't live with stuff not directly related to fighting coronavirus, money to American CITIZENS or propping up sectors of the economy.
Hate to break it to you but it's definitely abortion funding
Did they pass ballot harvesting?!
Did they pass that sneaky ass DACA clause?!
The most important question.
All that shit was in the House's bill.
Pretty sure they passed the Senate one as-written.
Yeah no, the bill suddenly cost a third more, another 500 BILLION. They added something.
Trump will know how to put any bad optics on the Democrats. It is what he is best at.
Schumer tried to play the Savior of America, saying the democrats were working so hard, so many sleepless nights and the mean republicans were haggling. He's a piece of Schiff!
I hope to goodness it's a clean bill, not chock full of garbage.
They were working hard—against America.
Ain't that the truth! They are incapable of working for anyone except themselves.
He had to know old Palsi was going to pull this. He was bargaining in bad faith.
Whenever "both sides come to an agreement", you can assume it's not a good bill.
I and others have been saying it for weeks now, but in 3-6 months we’ll all be saying this is the biggest and most expensive overreaction the history of mankind has ever seen. We’ve successfully played ourselves into multigenerational debt and a forever changed way of life. Congratulations us.
We let ourselves be sold into debt in 1913, and it’s been a long slide downward ever since then, but mention that and people’s eyes glaze over.
We gotta pay off the debt of our ancestors, we can't possibly borrow more! - cuckservatives that like losing everywhere
Senior citizen here... quarantined. The President is right and we need the country working again.
America is always a good investment. Stay healthy, you experienced patriot.
It really is wild. No one really seems to care whenever I brought it up.
You can cry about it until the train runs you over, no brakes!
WE JUST CAN'T STOP WINNING, FOLKS! THE TRUMP TRAIN JUST GOT 10 BILLION MPH FASTER!
CURRENT SPEED: 356,039,385,117,000 MPH!
At that rate, it would take approximately 4.713 years to travel to the Andromeda Galaxy (2.5 million light-years)!
Can we read the bill somewhere? Does it have airplane emissions and refugee bux?
Probably about 1.9 trillion worth.
No the bill text won't be available till morning
Gotta give the MSM shills time to write headlines about how pelosi kept Trump in check with her last minute audible
honk honk
Big dick trans bucks are the Dems fav. Especially bathhouse Barry of course.
It hasn't been written up officially yet.
~NYT, probably
😂🤣😂🤣👌👍
This guy is gonna be so disappointed when he finds out a “bull market” is not a market for “bulls.”
Great, now the Republicans will pretend that bill doesn't contain all the dem wishlist items and billions will be sent to agencies and institutes whose priority is hiring more transgender climate change victims.
Trump said today he wouldn't sign anything like that.
Yeah... 99% certain this was the senate bill they passed. The evil shit Democrats wanted was in the house bill.
If they had passed the house bill it would have to go to the senate next. Since it's not doing that, it appears they passed the senate bill, hopefully as-written.
If this was the senate bill, why does it suddenly cost an extra $500 billion? They changed something.
As long as the money is put to use for fighting not only the Coronavirus but other viruses as well and putting us on a path moving forward to deal with the inevitable biological warefare/terrorism in the future I'm okay with it. If they sneaked in garbage like funding for Sanctuary Cities and giving illegals a pass, I'm going to be pissed.
The best goal would be setting is in a path to fucking ruin China.
Hear, hear.
Please let it be a clean bill.
2021 we start talking about how to reverse the debt problems
Thank you Mitch McConnell!
Basically this means two things: 1) No one gives a shit about our national debt and 2) anytime shit hits the fan the government will be there to bailout the billion dollar companies.
The airlines have cancelled tens of thousands of flights. The ones still scheduled are flying with almost no passengers. They pay for the planes, the fuel in storage tanks, their employees, buildings, airport gates. It's likely some will have to merge to stay financially viable. The country can't get back to normal without airlines. That's just one example of big business that has been harmed.
ALL business needs help right now.
So you want the billionaire dollar corporations to fail? That's a little short-sighted. But fuck billionaires and the rich, amirite?
Yep, this has been long established, unfortunately. At least this time a fraction of a percent of it goes directly to regular people...... progress??? I don't even know any more.
Fed ready to hit the print button every time now.
The national debt doesn’t matter unless you believe it is actually debt that will be paid. It’s not. The debt will always grow and never shrink because that is how the financial system sustains itself.
As long as we have a debt-based money, this will be true.
Letting these companies fail would not be good. They are struggling because the economy is shutdown. It’s not the same as failing from bad business decisions.
I’d rather the government not be involved at all, but if you use fiat currency then intervention is inevitable, and this is actually a good reason to intervene for once.
And when do we get to see what's in the bill?
We have to pass the bill to find out what's in it.
When it's too late to turn back. Like Obummercare.
And even then, probably quietly during some new crisis reporting.
Tomorrow, sounds like.
New an Improved!, with less Pelosi!
That makes anything better!
WORTH IT. Trump II: Trump’s Revenge is going to be awesome. Coming to theaters November 4, 2020.
It was pretty much 100% during a period under Obama
😳
I hope the Republicans ain't agreeing to a bunch of shit here. I'm going to wait to see what's in it before deciding how I feel.
Same here, it didn't take long to have the scumbag dems on board, so I fear it'll still be full of useless garbage.
So did they manage to slip the VOTER FRAUD provisions and 'ballot harvesting/ID' etc into the package??
...because that's ALL the Dems are focussed on at this stage imo. EVERYTHING else is a distraction...probably even the "coronavirus".
Digital currency
You can guarantee that Pelosi got something in this bill that we do not want her to have.
I'll consider it as receiving the first installment of money being returned me that was stolen by obamacare fines.
This is more robbery. 2 Trillion divided equally among each and every 350 million one of us (adult and child) is about $5700 EACH. Why not just give it to everyone? It would really simulate the economy and not just end up further enriching the top.
Enjoy your breadcrumbs and go back to sleep
Ahh so this is the culmination of he hypochondriac society we live in. Whipped into a frenzy by the media and idiots who are convinced they have celiac disease or some other shit. Omg I’m coughing, better go get tested for covid!
Politicians win!!!! Both sides special interests benefit!!!
Most people lose!!
Has any information surfaced yet on what they settled on in this deal. I know what Pelosi was proposing....
The little that I have been able to find so far sounds like GEOTUS and Cocaine Mitch made the Dems drop their demands completely (or the negative publicity did).
Spez: did some more reading and it sounds like she bent the knee....I still want to see it in writing though
I am going to have to get me one of those Treasury-Thingys. When I need more money, I'll just print off as much as I need with my "Home Basement Treasury Kit". Then I don't ever have to worry about that stupid budgeting, or that troublesome running out of money situation, or that hard math to figure out how much money I have left to spend.
Does this mean that we're going to pay China for giving us the virus? Or owe them for it?
Make them call out the line items on the floor and who wanted that line item. Two trillion??? No one can even fathom that amount of money! Don't give in, boss
So is this the one where i get all my socialism money??
Modern socialism replaces useless hard currency with SJW Bucks! Threaten the freedoms of a functioning society today to get yours!
Remember: Legislators don't write legislation. Donors do.
So how much money is each person getting?
WHO is getting this? Unemployed, employed, self-employed, disabled, retired, illegal?
I don't believe so- I think it will be based on 2018 tax returns.
I'm not sure, but if you don't want your check can I call dibs on it please
1200
The details are unclear, but Trump has repeatedly said that it should be around $3000 for a family of four.
It's almost a guarantee that they shoved a bunch of beneficial stuff for illegal immigrants and various types of refugees in there. Neither the left nor the right, at the political class level, understands why that's bad for the country.
Here comes inflation. I hope not, but I don't see how this doesn't cause the price of everything to instantly rise once everyone starts cashing those checks.
Hey this Trump guy is actually pretty good at presidenting
SHOW ME THE BILL
That’s too much money.
As long as the house is controlled by Dems. Every bill is going to have some ridiculous stuff. But I’m glad they passed this quickly. Hopefully it will bring the economy right back.
It’ll be slow but it will absolutely help reduce the economic impact of all this shutdown.
Short term slightly better long term not so much
What is in it.......
Nah it's fine go to bed
Can anyone summarize what is actually in this version?
I don't think we'll find out until later on Wednesday morning.
This is one of those situations were honestly... folks are gonna need that handout, Cause, they probably won't get that job back for a while even after this all blows over, people are gonna be nervous to travel for well... a few months if not into next year.
Can’t wait to see how much PROGRESSIVE BULLSHIT is hidden in this fucking turd sandwich.
2 trillion?!
Oh great, a late-night deal. They never cram a bunch of bullshit into those.