The Nation's Financial Condition

[6ftstick]

So how do you come down on the Obama administration loosing 18,000 people and not declaring a national emergency till 1000 american had already died from H1 N1.

That's nonsense.

Via the NY Times: "The Centers for Disease Control and Prevention identified the first case of the virus on April 14, 2009. The Obama administration declared swine flu a public health emergency on April 26. The Food and Drug Administration approved a rapid test for the virus two days later. At the time, the C.D.C. had reported 64 cases and zero deaths. The C.D.C. began shipping test kits to public health laboratories on May 1 (at 141 cases and one death) and a second test was approved in July. From May to September 2009, the agency shipped more than 1,000 kits, each one able to test 1,000 specimens."

October 26, 2009
Since the H1N1 flu pandemic began in April, millions of people in the United States have been infected, at least 20,000 have been hospitalized and more than 1,000 have died, said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

"The 2009 H1N1 pandemic continues to evolve. The rates of illness continue to rise rapidly within many communities across the nation, and the potential exists for the pandemic to overburden health care resources in some localities," Obama said in a statement.
"Thus, in recognition of the continuing progression of the pandemic, and in further preparation as a nation, we are taking additional steps to facilitate our response." The president signed the declaration late Friday and announced it Saturday.

[Matnum PI]

The position in the white house was eliminated but responsibilities and accountabilities were spread amongst the rest of the task force that are still there. Not sure how a single individual would make the kind of difference you're talking about

Agreed... unless that person is the President of the United States. He is literally the most powerful man on earth. John Bolton disbanded the Pandemic team. Trump, despite repeated bipartisan urgings from lawmakers and experts, did not replace them in the nearly two years since. 6ft, this is undeniable. He messed up. He took his anti-vax-like perspectives and chose to ignore this very real possibility and... He lost. And, as he's the POTUS, we lost. The man cannot take responsibility for anything he does wrong. (What he is even within 100 yards of that goes right is very different.) But, 6 foot, you're not Trump. C'mon, man. You gotta be straight about this...

[Typical Lax Dad]

The position in the white house was eliminated but responsibilities and accountabilities were spread amongst the rest of the task force that are still there. Not sure how a single individual would make the kind of difference you're talking about

Agreed... unless that person is the President of the United States. He is literally the most powerful man on earth. John Bolton disbanded the Pandemic team. Trump, despite repeated bipartisan urgings from lawmakers and experts, did not replace them in the nearly two years since. 6ft, this is undeniable. He messed up. He took his anti-vax-like perspectives and chose to ignore this very real possibility and... He lost. And, as he's the POTUS, we lost. The man cannot take responsibility for anything he does wrong. (What he is even within 100 yards of that goes right is very different.) But, 6 foot, you're not Trump. C'mon, man. You gotta be straight about this...

The buck stops over there

[3rdPersonPlural]

Cheering on the impeachment of Trump so we wouldn't be in the situation we are in right now...

So another individual would have changed the situation.

Yeah, we would have had the Trump > Pence transition handling the issue. That would have been an even bigger clusterfrack.

A coherent WH comfortable with science and focused on the national interest rather than stunts to garner cheers from 'the base' would have been nice.

My Facebook friends who support Trump are still re-posting stuff from the right wing media that accredit this whole mess to a collusion between the Chinese Communists and the Socialists on our left. Apparently, Democrats will sacrifice lives to embarrass the Donald, and it's worked! We'll figure out this is a Democrat Hoax that has now gone wrong sooner or later, and there'll be supporters waiting to cheer the Donald when he wins yet again!!!!!!!!!!!!!!!

Alas

So new trade deals, deregulation, tax cuts, eliminating ISIS etc are nothing but stunts?

The trade deals are natural evolutions with bi-partisan support. When NAFTA was written is was loaded with Pork and bent out of shape but it did some good things, so it was passed back when my adult kids were toddlers. USMCA is not much different but is larded with less pork. I'm not sure why you credit DJT for this. Tell me you even believe that he's read it?

Regulation. I own restaurants. Food Service is heavily regulated, maybe more than any other customer facing industry. I haven't seen any regulatory relief. The only regulatory relief I've seen allows mining waste into country brooks and leaves it up to California to demand better efficiency in our vehicles.

ISIS hasn't been eliminated. They been whupped, but even Bush can claim to have whupped ISIS.

Tax Cuts? Oh, hell yes!!! I lease prime locations from big RE conglomerates. They still need me to show a 7 figure balance sheet to get into their properties, which means that we have to co-sign with franchisees. The aspirational folks who saved and scrimped to make it into our world now need to have my companys balance sheet to get in the game. But the tax advantages for those in my position encourages us to set up LLCs and contracts so we get the 100% write off onto our balance sheets. I should be happy that the tax plan favors me!

I am, until I see the folks trying to do the bootstrap thing and realize that the tax code is helping me to keep them as servants. Designed for this, actually.

Am I the only Republican with a conscience?

[Typical Lax Dad]

So how do you come down on the Obama administration loosing 18,000 people and not declaring a national emergency till 1000 american had already died from H1 N1.

That's nonsense.

Via the NY Times: "The Centers for Disease Control and Prevention identified the first case of the virus on April 14, 2009. The Obama administration declared swine flu a public health emergency on April 26. The Food and Drug Administration approved a rapid test for the virus two days later. At the time, the C.D.C. had reported 64 cases and zero deaths. The C.D.C. began shipping test kits to public health laboratories on May 1 (at 141 cases and one death) and a second test was approved in July. From May to September 2009, the agency shipped more than 1,000 kits, each one able to test 1,000 specimens."

October 26, 2009
Since the H1N1 flu pandemic began in April, millions of people in the United States have been infected, at least 20,000 have been hospitalized and more than 1,000 have died, said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

"The 2009 H1N1 pandemic continues to evolve. The rates of illness continue to rise rapidly within many communities across the nation, and the potential exists for the pandemic to overburden health care resources in some localities," Obama said in a statement.
"Thus, in recognition of the continuing progression of the pandemic, and in further preparation as a nation, we are taking additional steps to facilitate our response." The president signed the declaration late Friday and announced it Saturday.

There were 60,000,000 cases of H1N1 and 12,000 deaths. If we get 60,000,000 cases of “the Chinese Virus”, at 1% mortality, that’s 600,000 people. 12,000 versus 600,000....see the difference?

[6ftstick]

So how do you come down on the Obama administration loosing 18,000 people and not declaring a national emergency till 1000 american had already died from H1 N1.

That's nonsense.

Via the NY Times: "The Centers for Disease Control and Prevention identified the first case of the virus on April 14, 2009. The Obama administration declared swine flu a public health emergency on April 26. The Food and Drug Administration approved a rapid test for the virus two days later. At the time, the C.D.C. had reported 64 cases and zero deaths. The C.D.C. began shipping test kits to public health laboratories on May 1 (at 141 cases and one death) and a second test was approved in July. From May to September 2009, the agency shipped more than 1,000 kits, each one able to test 1,000 specimens."

October 26, 2009
Since the H1N1 flu pandemic began in April, millions of people in the United States have been infected, at least 20,000 have been hospitalized and more than 1,000 have died, said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

"The 2009 H1N1 pandemic continues to evolve. The rates of illness continue to rise rapidly within many communities across the nation, and the potential exists for the pandemic to overburden health care resources in some localities," Obama said in a statement.
"Thus, in recognition of the continuing progression of the pandemic, and in further preparation as a nation, we are taking additional steps to facilitate our response." The president signed the declaration late Friday and announced it Saturday.

There were 60,000,000 cases of H1N1 and 12,000 deaths. If we get 60,000,000 cases of “the Chinese Virus”, at 1% mortality, that’s 600,000 people. 12,000 versus 600,000....see the difference?

Irrelevant to the performance in 2009.

[Typical Lax Dad]

So how do you come down on the Obama administration loosing 18,000 people and not declaring a national emergency till 1000 american had already died from H1 N1.

That's nonsense.

Via the NY Times: "The Centers for Disease Control and Prevention identified the first case of the virus on April 14, 2009. The Obama administration declared swine flu a public health emergency on April 26. The Food and Drug Administration approved a rapid test for the virus two days later. At the time, the C.D.C. had reported 64 cases and zero deaths. The C.D.C. began shipping test kits to public health laboratories on May 1 (at 141 cases and one death) and a second test was approved in July. From May to September 2009, the agency shipped more than 1,000 kits, each one able to test 1,000 specimens."

October 26, 2009
Since the H1N1 flu pandemic began in April, millions of people in the United States have been infected, at least 20,000 have been hospitalized and more than 1,000 have died, said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

"The 2009 H1N1 pandemic continues to evolve. The rates of illness continue to rise rapidly within many communities across the nation, and the potential exists for the pandemic to overburden health care resources in some localities," Obama said in a statement.
"Thus, in recognition of the continuing progression of the pandemic, and in further preparation as a nation, we are taking additional steps to facilitate our response." The president signed the declaration late Friday and announced it Saturday.

There were 60,000,000 cases of H1N1 and 12,000 deaths. If we get 60,000,000 cases of “the Chinese Virus”, at 1% mortality, that’s 600,000 people. 12,000 versus 600,000....see the difference?

Irrelevant to the performance in 2009.

https://www.cnbc.com/quotes/?symbol=.DJI

[Matnum PI]

Mobsters give out turkeys on Thanksgiving, serial killers do shows for children, does this make their crimes any less shameful. Obviously Trump is not a serial killer but... Life is not black and white. I agree with 3rdPerson about Trump taking credit for far too much and... Of course positive things happened during his presidency. But what is happening right now is jaw dropping. Health-wise and financially. Later, certainly in November, we'll look at the big picture. But, for now, why not just look at the Coronavirus, the fall-out from the virus, and Trump's role in this happening?

[Matnum PI]

Irrelevant to the performance in 2009.

6foot, I may or may not agree with Obama's policies, but in terms of how he managed, the virus in 2009, he was relatively responsible, professional, appropriate. You simply cannot say the same for Trump. This is a mess and his role in creating it as well as his reaction after the fact are pretty jaw dropping.

[6ftstick]

Cheering on the impeachment of Trump so we wouldn't be in the situation we are in right now...

So another individual would have changed the situation.

Yeah, we would have had the Trump > Pence transition handling the issue. That would have been an even bigger clusterfrack.

A coherent WH comfortable with science and focused on the national interest rather than stunts to garner cheers from 'the base' would have been nice.

My Facebook friends who support Trump are still re-posting stuff from the right wing media that accredit this whole mess to a collusion between the Chinese Communists and the Socialists on our left. Apparently, Democrats will sacrifice lives to embarrass the Donald, and it's worked! We'll figure out this is a Democrat Hoax that has now gone wrong sooner or later, and there'll be supporters waiting to cheer the Donald when he wins yet again!!!!!!!!!!!!!!!

Alas

So new trade deals, deregulation, tax cuts, eliminating ISIS etc are nothing but stunts?

The trade deals are natural evolutions with bi-partisan support. When NAFTA was written is was loaded with Pork and bent out of shape but it did some good things, so it was passed back when my adult kids were toddlers. USMCA is not much different but is larded with less pork. I'm not sure why you credit DJT for this. Tell me you even believe that he's read it?
Former trade deals led to BS like 90% of our antibiotics and pharmaceuticals made in China. 100,000's of job loss. The growth of China to rival our position in the world. Trump wrote a book warning about china 20 years ago. You're so lasez faire about them did you help negotiate them

Regulation. I own restaurants. Food Service is heavily regulated, maybe more than any other customer facing industry. I haven't seen any regulatory relief. The only regulatory relief I've seen allows mining waste into country brooks and leaves it up to California to demand better efficiency in our vehicles.

Trump deregulates 2.7 regulations for every regulation created before his administration.

33 Billion savings to small business.

ISIS hasn't been eliminated. They been whupped, but even Bush can claim to have whupped ISIS.

Bush whupped ISIS? Trump took office they were crucifying, behaeading and torturing people within a 40,000 sq mi caliphate. Obama said they were the new normal—They're gone. For all intents and purposes

Tax Cuts? Oh, hell yes!!! I lease prime locations from big RE conglomerates. They still need me to show a 7 figure balance sheet to get into their properties, which means that we have to co-sign with franchisees. The aspirational folks who saved and scrimped to make it into our world now need to have my companys balance sheet to get in the game. But the tax advantages for those in my position encourages us to set up LLCs and contracts so we get the 100% write off onto our balance sheets. I should be happy that the tax plan favors me!

I am, until I see the folks trying to do the bootstrap thing and realize that the tax code is helping me to keep them as servants. Designed for this, actually.

Am I the only Republican with a conscience?

You sound like afans kind of republican

[MDlaxfan76]

So how do you come down on the Obama administration loosing 18,000 people and not declaring a national emergency till 1000 american had already died from H1 N1.

That's nonsense.

Via the NY Times: "The Centers for Disease Control and Prevention identified the first case of the virus on April 14, 2009. The Obama administration declared swine flu a public health emergency on April 26. The Food and Drug Administration approved a rapid test for the virus two days later. At the time, the C.D.C. had reported 64 cases and zero deaths. The C.D.C. began shipping test kits to public health laboratories on May 1 (at 141 cases and one death) and a second test was approved in July. From May to September 2009, the agency shipped more than 1,000 kits, each one able to test 1,000 specimens."

October 26, 2009
Since the H1N1 flu pandemic began in April, millions of people in the United States have been infected, at least 20,000 have been hospitalized and more than 1,000 have died, said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

"The 2009 H1N1 pandemic continues to evolve. The rates of illness continue to rise rapidly within many communities across the nation, and the potential exists for the pandemic to overburden health care resources in some localities," Obama said in a statement.
"Thus, in recognition of the continuing progression of the pandemic, and in further preparation as a nation, we are taking additional steps to facilitate our response." The president signed the declaration late Friday and announced it Saturday.

There were 60,000,000 cases of H1N1 and 12,000 deaths. If we get 60,000,000 cases of “the Chinese Virus”, at 1% mortality, that’s 600,000 people. 12,000 versus 600,000....see the difference?

Irrelevant to the performance in 2009.

https://www.cnbc.com/quotes/?symbol=.DJI

Red Team BS.

This was explained really, really well by NYS Gov Cuomo today in his presser.
He went through the #'s: estimates of 40-60% transmission, 17% (based on current NY experience) seriously ill needing hospitalization VERSUS # of hospital beds.

Overwhelmed.

The deaths in these scenarios become not just those from the virus.

Obama declared the national emergency when it became apparent that some hospital systems in some regions COULD become overwhelmed at the rate it was going.

That would have been at least 6 weeks ago with this virus, if not further back. The % of those being hospitalized as well as the % dying was already known.

Just math.

[Typical Lax Dad]

So how do you come down on the Obama administration loosing 18,000 people and not declaring a national emergency till 1000 american had already died from H1 N1.

That's nonsense.

Via the NY Times: "The Centers for Disease Control and Prevention identified the first case of the virus on April 14, 2009. The Obama administration declared swine flu a public health emergency on April 26. The Food and Drug Administration approved a rapid test for the virus two days later. At the time, the C.D.C. had reported 64 cases and zero deaths. The C.D.C. began shipping test kits to public health laboratories on May 1 (at 141 cases and one death) and a second test was approved in July. From May to September 2009, the agency shipped more than 1,000 kits, each one able to test 1,000 specimens."

October 26, 2009
Since the H1N1 flu pandemic began in April, millions of people in the United States have been infected, at least 20,000 have been hospitalized and more than 1,000 have died, said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

"The 2009 H1N1 pandemic continues to evolve. The rates of illness continue to rise rapidly within many communities across the nation, and the potential exists for the pandemic to overburden health care resources in some localities," Obama said in a statement.
"Thus, in recognition of the continuing progression of the pandemic, and in further preparation as a nation, we are taking additional steps to facilitate our response." The president signed the declaration late Friday and announced it Saturday.

There were 60,000,000 cases of H1N1 and 12,000 deaths. If we get 60,000,000 cases of “the Chinese Virus”, at 1% mortality, that’s 600,000 people. 12,000 versus 600,000....see the difference?

Irrelevant to the performance in 2009.

https://www.cnbc.com/quotes/?symbol=.DJI

Red Team BS.

This was explained really, really well by NYS Gov Cuomo today in his presser.
He went through the #'s: estimates of 40-60% transmission, 17% (based on current NY experience) seriously ill needing hospitalization VERSUS # of hospital beds.

Overwhelmed.

The deaths in these scenarios become not just those from the virus.

Obama declared the national emergency when it became apparent that some hospital systems in some regions COULD become overwhelmed at the rate it was going.

That would have been at least 6 weeks ago with this virus, if not further back. The % of those being hospitalized as well as the % dying was already known.

Just math.

Yes. Just look at the rest of the nations’ actions.

[Matnum PI]

That's 100% right. Politicians nationally are focused, active, doing. While Trump, even now, is attacking Hillary, attacking other politicians, blaming, bragging, etc. It's truly amazing.

[Typical Lax Dad]

That's 100% right. Politicians nationally are focused, active, doing. While Trump, even now, is attacking Hillary, attacking other politicians, blaming, bragging, etc. It's truly amazing.

He mentioned his son today. It struck me as the first time in a long time that he has mentioned he has a kid. Just a bizarre human being.

[Matnum PI]

A bit of a divergence from the topic at hand but... I'll come back.

Trump's just a typical guy with a Narcissistic Personality Disorder (NPD). Having a parent with a NPD is not simple. Trump talks about trying to connect with his kids and just being incapable. So he decided to do what he does (work on Trump Inc.) and when they'd be old enough to work with him, then he'd connect with them. (Needless to say, he still can't connect with them in any real way.) So, they went into the family business and then they had some semblance of a relationship with him. People think people with a NPD are like that self-centered friend you have but worse and it's inaccurate. An NPD is much more like a psychopath than a self-centered person. He cannot feel other's feelings. He cannot empathize. He cannot love. They're truly awful.

Anyway, back to the economy...

[a fan]

Now that the dumb*sses in DC have decided to wait until it's too late before they do anything meaningful....

They better drop $2,000 in every taxpayers account before the end of the week. That's it. Nothing else will do if they have any interest in keeping us out of a Depression. The entire economy is being shredded instantaneously. A piddly stipend won't stop the bleeding.

[Typical Lax Dad]

A bit of a divergence from the topic at hand but... I'll come back.

Trump's just a typical guy with a Narcissistic Personality Disorder (NPD). Having a parent with a NPD is not simple. Trump talks about trying to connect with his kids and just being incapable. So he decided to do what he does (work on Trump Inc.) and when they'd be old enough to work with him, then he'd connect with them. (Needless to say, he still can't connect with them in any real way.) So, they went into the family business and then they had some semblance of a relationship with him. People think people with a NPD are like that self-centered friend you have but worse and it's inaccurate. An NPD is much more like a psychopath than a self-centered person. He cannot feel other's feelings. He cannot empathize. He cannot love. They're truly awful.

Anyway, back to the economy...

Yes.

[a fan]

And now Andrew Yang on direct payments to Americans.....




"What exactly is the political downside of putting money into people’s hands? Get your sh-- together Congress and do the right thing," Yang tweeted Monday morning.

Yang then retweeted a video of Sen. Tom Cotton, R-Ark., on Fox News, where the Republican said legislation from the House did not go far enough.

"We’re going to do everything we can to get cash into the hands of affected workers and families as quickly as possible so we can all get through this pandemic together," Cotton said.

--------

We've wiped out how many billions in the stock market, blown how many billions on tax breaks.....

And these geniuses are too stupid to give $2K to every tax filer for a month? $300 Billion is all that would cost. A nothing expense, given the context.

Idiots.


https://www.foxnews.com/politics/yang-d ... s-together

[3rdPersonPlural]

Trump deregulates 2.7 regulations for every regulation created before his administration.

33 Billion savings to small business.

Yeah, but the only regulations that he eliminates that appear on my radar are those that protect the environment.

Crushing the EPA is not something that small businessmen care about. Allowing miners and chemical manufacturers to flush their waste into local waterways doesn't excite those of us who just want to sell pizza and tacos.

[LandM]

afan,
I opted to get off this board for awhile as I got tired of reading many of the commentary that goes on repetitively, same people, same thoughts yet no answers but Monday morning QB's. I hope I get to be as intelligent as many out here are. It was a great Lent move. I wanted to tell you that we were stopping by your place - me for the Bourbon - but we were just informed that Telluride has closed the mountain at the suggestion of the Gov of CO. We are still taking the home one wheels (we think unless crossing state lines become an issue) to get there as we are not leaving our 2 hairy 4 legged kids behind for 2 months. If you watched the debate last night, your $2,000 for someone like me or you or many out here will have to be paid back somewhere, somehow in taxes. Everything we own is in an LLC so maybe we can take the tax write-off on lost income for the Telluride place that we rent when not there. The local coffee shop and restaurants and bars are empty in Canandaigua not sure what Telluride will be like. Meanwhile, our Gov in NY keeps flapping his gums as he usually does when it snows here - my wife worked for him for a few years before retirement - telling the public what we already know. I am just thankful, I am not in the game of business anymore.....gonna be tough times. Baring a disaster, for either of us, we will see you late March.
Best