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WTF did Trump do to the stock market?

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Custard

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Re: WTF did Trump do to the stock market?
« Reply #330 on: April 22, 2020, 12:18:53 PM »
« Last Edit: April 22, 2020, 12:20:26 PM by Custard »
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murphstahoe

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Re: WTF did Trump do to the stock market?
« Reply #331 on: April 22, 2020, 12:58:18 PM »
Interesting take regarding Georgia.

Open Table shared some data that shows that restaurant bookings were down well over 50% *before* the restaurants were ordered closed - e.g. people stopped going to restaurants. Makes sense, my last meal out was March 4, and I had the heebie jeebies the whole time. Closure was March 16.

Kemp is allowing them to open back up, but a lot of restaurants may look at the cost/benefit and stay closed. If they are going to do 15-20% of typical business, it's not worth getting their supply chain back up only to let food rot. Not worth getting employees back in and pay them to do nothing.

BUT - if they are *allowed* to be open, but stay closed, then the State can deny them any money, PPP loans, etc... - they are "choosing" to stay closed. If they decide to stay closed, instead of their workers drawing from a pandemic related unemployment pool, they would be filing against the tab for the restaurant.
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Miniditka

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Re: WTF did Trump do to the stock market?
« Reply #332 on: April 22, 2020, 02:08:17 PM »
Quote from: Custard on April 21, 2020, 09:04:46 PM
Quote from: murphstahoe on April 21, 2020, 03:09:25 PM
Quote from: ThePAMan on April 21, 2020, 02:18:36 PM
Quote from: Custard on April 21, 2020, 01:28:46 PM
I mean let’s be honest humanity needs a good moldboard plowing once in a while.

The virus + social Darwinsim = culling of the boneheads. Should work out well for humanity in the end.

Here is an example:

https://www.thesun.co.uk/news/11441636/john-mcdaniel-killed-coronavirus-dismissing-political-ploy/

But we're still having to do things like "Go to the grocery store" - and so does that bonehead. Maybe the bonehead works at the grocery store. Or he's a cop. Or an admin at a hospital.

Who exactly gets culled?

You’re telling me you live in this wonderful modern world compared to the rest of us Neandertals and you can’t get groceries delivered to your exurban McMansion? GMAB.

As far as who gets culled, well it seems to be the old, stupid, and those who haven’t taken care of themselves for years that are among the hardest hit.
Well, it’s not really social Darwinism. Natural selection would dictate that the goddamn moron rabbit that stands in the road staring at the pretty lights is the one that gets its genes removed from the gene pool. But with this, it’s just as likely that some innocent person who is trying to be careful is the one who suffers.
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alum74

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Re: WTF did Trump do to the stock market?
« Reply #333 on: April 22, 2020, 02:32:54 PM »
Quote from: murphstahoe on April 22, 2020, 12:58:18 PM
Interesting take regarding Georgia.

Open Table shared some data that shows that restaurant bookings were down well over 50% *before* the restaurants were ordered closed - e.g. people stopped going to restaurants. Makes sense, my last meal out was March 4, and I had the heebie jeebies the whole time. Closure was March 16.

Kemp is allowing them to open back up, but a lot of restaurants may look at the cost/benefit and stay closed. If they are going to do 15-20% of typical business, it's not worth getting their supply chain back up only to let food rot. Not worth getting employees back in and pay them to do nothing.

BUT - if they are *allowed* to be open, but stay closed, then the State can deny them any money, PPP loans, etc... - they are "choosing" to stay closed. If they decide to stay closed, instead of their workers drawing from a pandemic related unemployment pool, they would be filing against the tab for the restaurant.

I think we all recognize that restaurants and many other businesses won't be popping back to normal.  We need a readiness and preparedness plan for getting our cities and communities back up and running.

We'll Need To Reopen Our Cities, But Not Without Making Changes First
https://www.citylab.com/equity/2020/03/coronavirus-cities-adapt-future-plan-economy-infrastructure/608908/

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Custard

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Re: WTF did Trump do to the stock market?
« Reply #334 on: April 22, 2020, 07:17:38 PM »
Quote from: Miniditka on April 22, 2020, 02:08:17 PM
Quote from: Custard on April 21, 2020, 09:04:46 PM
Quote from: murphstahoe on April 21, 2020, 03:09:25 PM
Quote from: ThePAMan on April 21, 2020, 02:18:36 PM
Quote from: Custard on April 21, 2020, 01:28:46 PM
I mean let’s be honest humanity needs a good moldboard plowing once in a while.

The virus + social Darwinsim = culling of the boneheads. Should work out well for humanity in the end.

Here is an example:

https://www.thesun.co.uk/news/11441636/john-mcdaniel-killed-coronavirus-dismissing-political-ploy/

But we're still having to do things like "Go to the grocery store" - and so does that bonehead. Maybe the bonehead works at the grocery store. Or he's a cop. Or an admin at a hospital.

Who exactly gets culled?

You’re telling me you live in this wonderful modern world compared to the rest of us Neandertals and you can’t get groceries delivered to your exurban McMansion? GMAB.

As far as who gets culled, well it seems to be the old, stupid, and those who haven’t taken care of themselves for years that are among the hardest hit.
Well, it’s not really social Darwinism. Natural selection would dictate that the goddamn moron rabbit that stands in the road staring at the pretty lights is the one that gets its genes removed from the gene pool. But with this, it’s just as likely that some innocent person who is trying to be careful is the one who suffers.

Obesity, lung disease from smoking, diabeetus, immune systems weakened by poor diet or lack of exercise, those with congenital issues that have been kept alive with modern medicine that would have perished early in life in previous times. These seem to be a lot of the people who’ve died from it, pretty much like any other flu. I’d be much more concerned if it were killing young healthy people at any kind of clip.
« Last Edit: April 22, 2020, 09:04:06 PM by Custard »
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Miniditka

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Re: WTF did Trump do to the stock market?
« Reply #335 on: April 22, 2020, 10:30:02 PM »
Quote from: Custard on April 22, 2020, 07:17:38 PM
Quote from: Miniditka on April 22, 2020, 02:08:17 PM
Quote from: Custard on April 21, 2020, 09:04:46 PM
Quote from: murphstahoe on April 21, 2020, 03:09:25 PM
Quote from: ThePAMan on April 21, 2020, 02:18:36 PM
Quote from: Custard on April 21, 2020, 01:28:46 PM
I mean let’s be honest humanity needs a good moldboard plowing once in a while.

The virus + social Darwinsim = culling of the boneheads. Should work out well for humanity in the end.

Here is an example:

https://www.thesun.co.uk/news/11441636/john-mcdaniel-killed-coronavirus-dismissing-political-ploy/

But we're still having to do things like "Go to the grocery store" - and so does that bonehead. Maybe the bonehead works at the grocery store. Or he's a cop. Or an admin at a hospital.

Who exactly gets culled?

You’re telling me you live in this wonderful modern world compared to the rest of us Neandertals and you can’t get groceries delivered to your exurban McMansion? GMAB.

As far as who gets culled, well it seems to be the old, stupid, and those who haven’t taken care of themselves for years that are among the hardest hit.
Well, it’s not really social Darwinism. Natural selection would dictate that the goddamn moron rabbit that stands in the road staring at the pretty lights is the one that gets its genes removed from the gene pool. But with this, it’s just as likely that some innocent person who is trying to be careful is the one who suffers.

Obesity, lung disease from smoking, diabeetus, immune systems weakened by poor diet or lack of exercise, those with congenital issues that have been kept alive with modern medicine that would have perished early in life in previous times. These seem to be a lot of the people who’ve died from it, pretty much like any other flu. I’d be much more concerned if it were killing young healthy people at any kind of clip.
It’s killing a LOT more young, healthy people than the flu does. We’re probably going to get off easy in this country, with only a couple of hundred thousand deaths. Places with high population densities and poverty like India, Pakistan, Bangladesh, Nigeria, etc., are going to lose far more people. Global death tolls will likely never be known, but I would guess it will be somewhere in the 20-30 million range.
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ThePAMan

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Re: WTF did Trump do to the stock market?
« Reply #336 on: April 23, 2020, 06:54:19 AM »
Quote from: Custard on April 22, 2020, 07:17:38 PM
Quote from: Miniditka on April 22, 2020, 02:08:17 PM
Quote from: Custard on April 21, 2020, 09:04:46 PM
Quote from: murphstahoe on April 21, 2020, 03:09:25 PM
Quote from: ThePAMan on April 21, 2020, 02:18:36 PM
Quote from: Custard on April 21, 2020, 01:28:46 PM
I mean let’s be honest humanity needs a good moldboard plowing once in a while.

The virus + social Darwinsim = culling of the boneheads. Should work out well for humanity in the end.

Here is an example:

https://www.thesun.co.uk/news/11441636/john-mcdaniel-killed-coronavirus-dismissing-political-ploy/

But we're still having to do things like "Go to the grocery store" - and so does that bonehead. Maybe the bonehead works at the grocery store. Or he's a cop. Or an admin at a hospital.

Who exactly gets culled?

You’re telling me you live in this wonderful modern world compared to the rest of us Neandertals and you can’t get groceries delivered to your exurban McMansion? GMAB.

As far as who gets culled, well it seems to be the old, stupid, and those who haven’t taken care of themselves for years that are among the hardest hit.
Well, it’s not really social Darwinism. Natural selection would dictate that the goddamn moron rabbit that stands in the road staring at the pretty lights is the one that gets its genes removed from the gene pool. But with this, it’s just as likely that some innocent person who is trying to be careful is the one who suffers.

Obesity, lung disease from smoking, diabeetus, immune systems weakened by poor diet or lack of exercise, those with congenital issues that have been kept alive with modern medicine that would have perished early in life in previous times. These seem to be a lot of the people who’ve died from it, pretty much like any other flu. I’d be much more concerned if it were killing young healthy people at any kind of clip.

Not a large clip:

https://www.cnn.com/2020/04/22/health/strokes-coronavirus-young-adults/index.html
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Chickengeorge

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Re: WTF did Trump do to the stock market?
« Reply #337 on: April 23, 2020, 09:01:35 AM »
CNN.com as a news source.  You're funny.
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ridingthegrange

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Re: WTF did Trump do to the stock market?
« Reply #338 on: April 23, 2020, 10:53:05 AM »
Quote from: Mn on April 20, 2020, 03:38:01 PM
The Minnesotans I talk with and see interviewed on tv don't hide behind flags and NRA banners. They're social distancing, and concerned about health. And health includes physical health, their family's economic health and the country's economic health.
I doubt if they hid their flags for the tv interviews to talk about closing their businesses and laying off employees.

https://www.startribune.com/re-open-protests-make-important-points/569869862/

These are the folks the rest of us see.  Responding to dog whistles?  A rebirth of the Tea Party/Freedom Caucus?  Wait a minute, didn't the new WH Chief of Staff used to be one of those even as he now supports trillion dollar deficits?  My bad, there's no longer an African American President trying to get funding for hurricane relief.  I hope most of this goes to help the families you're talking about.  We're all in the same lifeboat, so it would help to try and row the same direction.

Since most states encompass a wide diversity of social/economic landscapes, the Governors all face tough decisions with very uneven federal backing. They will be judged, perhaps harshly, when all is said  and done.  It's relatively simpler to count economic metrics than to try counting lives/families that were spared.
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ThePAMan

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Re: WTF did Trump do to the stock market?
« Reply #339 on: April 23, 2020, 11:24:44 AM »
Quote from: Chickengeorge on April 23, 2020, 09:01:35 AM
CNN.com as a news source.  You're funny.

Figured it was ok since Drudge liniked to it. But Trump does hate Drudge now, so you are probably right.
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No one in Mn

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Re: WTF did Trump do to the stock market?
« Reply #340 on: April 23, 2020, 04:48:57 PM »
Quote from: ridingthegrange on April 23, 2020, 10:53:05 AM
Quote from: Mn on April 20, 2020, 03:38:01 PM
The Minnesotans I talk with and see interviewed on tv don't hide behind flags and NRA banners. They're social distancing, and concerned about health. And health includes physical health, their family's economic health and the country's economic health.
I doubt if they hid their flags for the tv interviews to talk about closing their businesses and laying off employees.

https://www.startribune.com/re-open-protests-make-important-points/569869862/

These are the folks the rest of us see.  Responding to dog whistles?  A rebirth of the Tea Party/Freedom Caucus?  Wait a minute, didn't the new WH Chief of Staff used to be one of those even as he now supports trillion dollar deficits?  My bad, there's no longer an African American President trying to get funding for hurricane relief.  I hope most of this goes to help the families you're talking about.  We're all in the same lifeboat, so it would help to try and row the same direction.

Since most states encompass a wide diversity of social/economic landscapes, the Governors all face tough decisions with very uneven federal backing. They will be judged, perhaps harshly, when all is said  and done.  It's relatively simpler to count economic metrics than to try counting lives/families that were spared.

Yes, we are in the same boat and rowing in the same direction is the hope. Unfortunately, in Michigan you can't even get in your boat unless it's a canoe. I see absolutely zero reason for that.
Minnesota recommendations are immediate family members from under the same roof in a boat. No car pooling with friends, and no friends in the boat. Kids in the boat who are not living at home aren't recommended. It's going to be a weird year ahead of us, but I hope we can take the social distancing and other precautions and continue to apply those to whatever steps are taken to open the economy.
There is plenty of ground between the draconian measures being taken in some locales vs the pushing for a full open economy.
No matter what level of open economy we see, some businesses will adapt and some will fail. We're in a social distancing and precautionary situation until this time next year, plus or minus.
60-70% +/- of the country may be able to agree on which direction to take the boat. It's the other 30-40% +/- who can be the most vocal.
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Custard

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Re: WTF did Trump do to the stock market?
« Reply #341 on: April 23, 2020, 07:29:24 PM »
I don’t see a whole lot of discussion about personal liberty from the limited amount of news consumption I do. There’s no shortage of education and information out there regarding the risks and preventative measures, so I believe people should have the right to make their own decisions as to how and when they want to interact socially and economically.

Now all you government loving nanny state aficionados will argue that Americans are simply too stupid to handle this without the government forcing them to adhere to these completely contradicting guidelines from state to state. And maybe you’re right.

But the way I see it people have been armed with knowledge to make good decisions and take proper precautions. Let people who want to go back to work go back to work. Let them and their families decide how to take precautions and protect their loved ones in their own household.

At the end of the day it’s not really much different than trusting people with gun ownership, driving a car, walking around with untreated drug addiction or mental illness, AIDS, etc. At any given time any given person can cause untold numbers of deaths and destruction, but in general people aren’t as bad and stupid as they’re made out to be.
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Miniditka

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Re: WTF did Trump do to the stock market?
« Reply #342 on: April 23, 2020, 08:55:31 PM »
Quote from: Custard on April 23, 2020, 07:29:24 PM
I don’t see a whole lot of discussion about personal liberty from the limited amount of news consumption I do. There’s no shortage of education and information out there regarding the risks and preventative measures, so I believe people should have the right to make their own decisions as to how and when they want to interact socially and economically.

Now all you government loving nanny state aficionados will argue that Americans are simply too stupid to handle this without the government forcing them to adhere to these completely contradicting guidelines from state to state. And maybe you’re right.

But the way I see it people have been armed with knowledge to make good decisions and take proper precautions. Let people who want to go back to work go back to work. Let them and their families decide how to take precautions and protect their loved ones in their own household.

At the end of the day it’s not really much different than trusting people with gun ownership, driving a car, walking around with untreated drug addiction or mental illness, AIDS, etc. At any given time any given person can cause untold numbers of deaths and destruction, but in general people aren’t as bad and stupid as they’re made out to be.
It’s actually more akin to vaccination. Just like with people who refuse to vaccinate or child, the victim of their selfish actions is not likely to be themselves or their child. Instead, it will be someone who is older, more fragile, immune-compromised, etc. I’m OK with people not being legally allowed to be that selfish.
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fucking

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Re: WTF did Trump do to the stock market?
« Reply #343 on: April 23, 2020, 10:17:39 PM »
Quote from: Custard on April 23, 2020, 07:29:24 PM
in general people aren’t as bad and stupid as they’re made out to be.

It's almost as if you didn't have access to the internet.
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Custard

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Re: WTF did Trump do to the stock market?
« Reply #344 on: April 23, 2020, 10:52:26 PM »
Please refer back to my posts regarding Darwinism
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