Oso planning to go pro
These are the real stats that are needed.It's easy enough to say 50 twenty somethings are in the hospital. But what if 49/50 have no immune system?
I agree gooo. I am happy we seem to be mobilizing, but I have yet to see the coordinated response--so piecemail right now. Step one is getting people to shut it down and we finally got the Dr's out in front to declare the crisis (fauci). So much more to go. Get rules out of the way, re-purpose our infrastructure (factories, hotels, military), etc.
Many of us are. Hopefully, most of us are. But there are still many actively fighting against protective measures. In Kansas yesterday, the legislature took away many of the governor's powers to act against the virus after she closed schools for the rest of the semester. They even specifically included language that guns cannot be confiscated. Methinks their priorities might be a bit off kilter.https://www.usnews.com/news/best-states/kansas/articles/2020-03-18/gop-right-pushes-back-on-kansas-governor-for-closing-schools
Just curious. Why do you support companies using taxpayer-funded bailouts to engage in share repurchases?
The whole problem is that provision bans it forever. Stock repurchase is a health practice in normal times. If the provision was sunset on some recovery metric or a timeline(5 years after accepting bailout) I'm 100% on board. Otherwise it just feels like a Don Quixote position to take
I don't like the absolute "never" language. Share repurchases can be useful. I would prefer a time limit of say 20 years or so.
Debatable. It was illegal until the 1980s.
I don't think they'd be using bailout money in 20 years.
Let the airlines burn or limit their scummyness
Right. That's my point. As I recall, the Warren language says "can never repurchase shares."
I like the spirit of this. Unfortunately, we need healthy airlines to function as a society. The cost to let them all die and then start up new ones would be beyond exorbitant.But I agree with others that there should be significant strings attached. It's our turn, as taxpayers and consumers, to nickel and dime them!
Here's advice that I hadn't seen before this morning, and I'm wondering if anyone else has information about it:• When driving, keep windows slightly open to provide air flow.It's origin is an email blast from the State of Michigan DNR, letting people know that park trails, etc. are open. Then it lists the usual measures, including the one I hadn't heard of. I presumed most vehicles have adequate fresh air flow already, even with the windows sealed.
You are right. I saw the 3 years stipulation on executive bonuses and combined the two points.I have issues with a couple of Warren's points, but we cannot allow this bailout to line the pockets of executives and shareholders. The "point" of a bailout is to get companies through THIS crisis.
They do, but I did hear an expert from the Mayo Clinic yesterday on NPR answer a question about quarantining family members, and one of the precautions was to place them in a room and have the windows open. It was the first I'd heard of this, which I thought was weird since today is the first day of Spring, and its pretty chilly outside. Does anyone else have a guidance that suggests this? I'm curious about the reasoning. My uneducated guess is that "fresh air" is probably good for the sole reason of drying out or blowing out any water droplets which carry virus loads, thereby reducing viability.
That's why the cash should go right to the people and have it means tested.
Amazing article in the NYT. (They have lifted their paywall for most of their coronavirus stuff.)https://www.nytimes.com/2020/03/19/us/politics/trump-coronavirus-outbreak.html?fbclid=IwAR3R9APG4C5hw9HIMEMR0Rk3ptSFrmAPUBYcAMSVnRZRzmLMcxNa1Vqlxt0WASHINGTON — The outbreak of the respiratory virus began in China and was quickly spread around the world by air travelers, who ran high fevers. In the United States, it was first detected in Chicago, and 47 days later, the World Health Organization declared a pandemic. By then it was too late: 110 million Americans were expected to become ill, leading to 7.7 million hospitalized and 586,000 dead.That scenario, code-named “Crimson Contagion,” was simulated by the Trump administration’s Department of Health and Human Services in a series of exercises that ran from last January to August.The simulation’s sobering results — contained in a draft report dated October 2019 that has not previously been reported — drove home just how underfunded, underprepared and uncoordinated the federal government would be for a life-or-death battle with a virus for which no treatment existed.The draft report, marked “not to be disclosed,” laid out in stark detail repeated cases of “confusion” in the exercise. Federal agencies jockeyed over who was in charge. State officials and hospitals struggled to figure out what kind of equipment was stockpiled or available. Cities and states went their own ways on school closings.Many of the potentially deadly consequences of a failure to address the shortcomings are now playing out in all-too-real fashion across the country. And it was hardly the first warning for the nation’s leaders.