LaxPower Back-Up Stick

Peter Brown wrote: ↑Thu Oct 01, 2020 9:12 am Bulwark ‘jourmalisming’ followed by the even more august institution of Vox! A one-two punch to your intellect if ever there was one. Careful where you step this morning.

Solid serious journo’s working there.

Between Bulwark and Lincoln, the market to fleece impressionable Democrats is covered. Vox is the Teen Vogue of politics.

PB really cannot come up with logical reasons to put down the messengers so he calls the messengers names.

Bulwark was just reporting on what people said - the content is what they said. Hard to argue they did not say what they did...

So attack the messengers. Typical PB.

Still does not change the message.

As for Vox, PB does not like sources to actually propose good arguments. Where is the analysis of how they are wrong?

I think it would make his head hurt to actually try...

seacoaster wrote: ↑Thu Oct 01, 2020 9:14 am This is what the President cannot get himself around to specifically and plainly disavowing:

https://twitter.com/RexChapman/status/1 ... 5633381381

Seriously. The President cannot say it. This is who you are voting for?

How boring. Repeating falsehoods doesn’t make them true.

https://www.politifact.com/factchecks/2 ... emned-dav/

https://www.factcheck.org/2020/02/trump ... remacists/

When Snopes won’t pile on a Republican, you know you’re wrong

https://www.snopes.com/fact-check/trump ... remacists/

aFan,
Riddle me this please. I survived the dotcom bust and the credit crisis as a business owner. Many friends who were also business owners did not. I understand the pandemic magnitude is on a scale much larger. But both were pretty dramatic in their own way. The "big boys" got bailed out - I am thinking auto but the little guys - I had an 80 person software company at the time - did not. We were in the financial sector and we survived as I took my pay to $0, put more of my own cash into the company, re-organized debts of customers, was on an airplane 24x7, did the typical cut back on every operating expenses and my employees ponied up and we deferred some compensation until the storm passed. There were no PPP loans, no EIDL (?) loans, nothing. I have friends that never recovered. No one died but somehow parts of the economy thrived and grew and slowly the pants got hitched back up. I ask because sometimes throwing money (the fraud with PPP loans I think is going to be big) is not always the answer and look at the big boys squeezing many small businesses out. The folks in this country are creative so in your humble opinion when is enough, enough as sometimes these things create opportunities for some.

Yes, this is massively greater than those recessions. Massively.

The Fed is injecting liquidity at an extraordinary rate, which is good policy, but the chief beneficiaries are those in the equity markets, not Main Street. It's very important, but insufficient on its own.

Yes, some businesses will be able to pivot and actually thrive, but the many, many sectors that are under water are going to remain so until at least 2022. An enormous number of bankruptcies, at no fault of their management and employees.

2021 is going to be brutal if capital support isn't provided.

And all those businesses and people going bankrupt, unable to pay their bills, their landlords, their mortgages, will ripple across the economy.

We can debate how best to distribute support rationally, and what protections against fraud are prudent and necessary as we do so, but there's little question as to the costs of not doing so.

Peter Brown wrote: ↑Thu Oct 01, 2020 9:30 am

seacoaster wrote: ↑Thu Oct 01, 2020 9:14 am This is what the President cannot get himself around to specifically and plainly disavowing:

https://twitter.com/RexChapman/status/1 ... 5633381381

Seriously. The President cannot say it. This is who you are voting for?

How boring. Repeating falsehoods doesn’t make them true.

https://www.politifact.com/factchecks/2 ... emned-dav/

https://www.factcheck.org/2020/02/trump ... remacists/

When Snopes won’t pile on a Republican, you know you’re wrong

https://www.snopes.com/fact-check/trump ... remacists/

First link is about whether Trump has condemned David Duke and Richard Spencer, not the Proud Boys
Second one is a mixed review - Trump said he was willing to condemn white supremacists but not specifically the example of the Proud Boys.

Third one is from last February.

Do you actually read? I mean, with comprehension?

6ftstick wrote: ↑Wed Sep 30, 2020 11:06 am Spanish speaking viewers of Telemundo expressed their preference of who won tonight’s presidential debate: 66% Trump 34% Biden.

You do realize this was a meaningless, non-scientific online Twitter poll?

DocBarrister

RedFromMI wrote: ↑Thu Oct 01, 2020 9:29 am

Peter Brown wrote: ↑Thu Oct 01, 2020 9:12 am Bulwark ‘jourmalisming’ followed by the even more august institution of Vox! A one-two punch to your intellect if ever there was one. Careful where you step this morning.

Solid serious journo’s working there.

Between Bulwark and Lincoln, the market to fleece impressionable Democrats is covered. Vox is the Teen Vogue of politics.

PB really cannot come up with logical reasons to put down the messengers so he calls the messengers names.

Bulwark was just reporting on what people said - the content is what they said. Hard to argue they did not say what they did...

So attack the messengers. Typical PB.

Still does not change the message.

As for Vox, PB does not like sources to actually propose good arguments. Where is the analysis of how they are wrong?

I think it would make his head hurt to actually try...

Might be better to Boycott Stupid.

You can bet Mike Pence had the WH interns furiously refreshing on telemundo. They needed something to show Trump to say "see they really did love you" to keep him from blowing his top over his reviews. The guy actually thinks he did a good job the other night.

Can't even imagine how that debate was understood/translated into spanish; it was mostly unintelligible in English .

MD,
I get that but I think the combo of those two created allot of havoc as did WW2. This country survived. We are getting back into or have exceeded WW2 debts yet I do not see a whole lot being built nor industries created nor ideas being pushed to market.....this is just survival mode - maybe I am wrong. There is a new normal now and the sooner we get to that, the better. Create some more Zooms.

Red,
I am assuming, I could have gone to Fox news and found probably the same number of people who felt the same way about Biden. If someone is going to keep telling folks to boycott then at least be intellectually honest and do not do the same thing as being accused of PB.

CU88 wrote: ↑Thu Oct 01, 2020 7:15 am Anyone see this video clip post-debate? IMPOTUS o d kept yanking his escorts hand trying to incite a more emotional response, as they were watching Joe and Jill hug on stage. I guess he didn't get it in her contract to do more than hold hands; in public. Hoe's can be a complain...

https://twitter.com/RogueHOUSports/stat ... 8794915840

I had noticed that in real time. Thought it was funny. The guy is such a loser.

MD,
I get that - the only one's benefiting are those that have money IMHO. The little guy, the people IMHO who make the economy go and the heart and sole, is hanging on IMHO. What is there opportunity? How is flooding the market with cash going to help that person? The money and there are allot of examples now is going to those that could have found other more creative ways to survive.

To your landlord comment. For kicks and something to do, I started a business lending money. 10 loans outstanding - 9 current and 1 very late. The late guy, used the pandemic to not pay his loan payments. I will take a hit on this loan, but this was "play" money to me. Most people I know in real estate investments - emphasis on most - can take a hit. I do not like it but I can take it. Reminds me of Black Monday. I got a friend in the market mostly with mutual funds. He is calling me frantically as the ticker keeps going down asking me what to do, I said you should have sold last week He turned out just fine in the market.

This too will pass.

Lots of companies announcing furloughs today and yesterday. Nancy holding up PPP.

Does anyone want to back Joe Biden/Democrats when he/they promise to shut down the economy? Seriously?

LandM wrote: ↑Thu Oct 01, 2020 10:01 am MD,
I get that but I think the combo of those two created allot of havoc as did WW2. This country survived. We are getting back into or have exceeded WW2 debts yet I do not see a whole lot being built nor industries created nor ideas being pushed to market.....this is just survival mode - maybe I am wrong. There is a new normal now and the sooner we get to that, the better. Create some more Zooms.

Red,
I am assuming, I could have gone to Fox news and found probably the same number of people who felt the same way about Biden. If someone is going to keep telling folks to boycott then at least be intellectually honest and do not do the same thing as being accused of PB.

Yes, getting to a new normal soon is important....but we're in for a long hard slog until the virus is quashed.

We're seeing accelerations of a variety of technologies being adopted (Zoom etc simply being the most obvious to consumers), massive increases in cloud, delivery systems, contactless payments, etc. but I agree that in these 6 months we have not yet seen the industries of the future...but there are certainly lots of creative folks out there, so you and I would have some justified optimism in that regard...eventually.

WWII was actually a boon to our economy and particularly its aftermath of a world destroyed with America in the best position to expand rapidly relative to all competitors. The Great Depression is perhaps a better analogue, an extended turndown impacting millions of families, yet many at the top of the food chain did just fine. IMO, we faced a choice of fascism or an evolution of capitalism to include a social safety net and thankfully we made the choice we did...but it took many years to recover economically. However, we darn sure don't want a war to be our economic exit from this depression.

This situation is rather unlike any we've had before.

I'd like to see some massive infrastructure and technology investments be the key drivers out of this, recognizing that there will be long tail effects of the virus even after being quashed and further recognizing that we've fallen behind in some areas relative to China... so time to address those investments. It's not 'war' but it certainly is recognizing the competition is moving forward aggressively, so wake up America.

LandM wrote: ↑Thu Oct 01, 2020 10:22 am MD,
I get that - the only one's benefiting are those that have money IMHO. The little guy, the people IMHO who make the economy go and the heart and sole, is hanging on IMHO. What is there opportunity? How is flooding the market with cash going to help that person? The money and there are allot of examples now is going to those that could have found other more creative ways to survive.

To your landlord comment. For kicks and something to do, I started a business lending money. 10 loans outstanding - 9 current and 1 very late. The late guy, used the pandemic to not pay his loan payments. I will take a hit on this loan, but this was "play" money to me. Most people I know in real estate investments - emphasis on most - can take a hit. I do not like it but I can take it. Reminds me of Black Monday. I got a friend in the market mostly with mutual funds. He is calling me frantically as the ticker keeps going down asking me what to do, I said you should have sold last week He turned out just fine in the market.

This too will pass.

Yes, thanks to the Fed, the guy who held on in the markets did just fine.

Did the one guy stiff you completely or did you just roll it over? We were prepared to do that on the tenants (gym and a church) in the small 40k ft building I manage for my mom but they both received a bit of PPP support and were able to pivot how they operated sufficient to keep paying their rent, though really squeezing every nickel. Some layoffs. The most we've had to do was spread out a recent large pass through expense that wasn't expected, but in the scheme of things not a problem. I am concerned about whether they make it another six months without substantial improvement or some more support, but they're at least scraping by right now.

Our little technology business is surviving without PPP or other support, though some major client opportunities in the grocery sector stalled out as they were overwhelmed operationally and we're more of a marketing play for them than essential operational investment. Right now they don't need increased 'basket' as they are having trouble just filling existing demand. We'll eventually move forward, but we'd invested heavily to be able to grow that side of the business and so are taking some gas now as a result. On the other hand, the health/wellness side of what we do has increased as employers and health plans are recognizing that what we do is a really attractive and effective benefit for employees and insureds, so we've picked up new clients in that area who purchase our service for all their employees and members. But even there, clients remain distracted. Fortunately, we opted early on to keep overhead low and largely variable, so we've been able to flex with the tide. Fingers crossed that some of the largest deals come through eventually!

DocBarrister wrote: ↑Thu Oct 01, 2020 9:47 am

6ftstick wrote: ↑Wed Sep 30, 2020 11:06 am Spanish speaking viewers of Telemundo expressed their preference of who won tonight’s presidential debate: 66% Trump 34% Biden.

You do realize this was a meaningless, non-scientific online Twitter poll?

DocBarrister

So what

You post meaningless non scientific personal bias all the time.

Wait a minute wait a minute.

This is from Bidens official campaign website. This morning!

Biden believes the Green New Deal is a crucial framework for meeting the climate challenges we face. It powerfully captures two basic truths, which are at the core of his plan: (1) the United States urgently needs to embrace greater ambition on an epic scale to meet the scope of this challenge, and (2) our environment and our economy are completely and totally connected.

No news there Six.

For many months Biden has been saying he has his own plan. Excludes many of the pieces of the gnd but overlaps in someother areas.

Maybe you could analyze the differences/similarities for us? That would be interesting.

Thanks.

"C-R-U-C-I-A-L F-R-A-M-E-W-O-R-K"

Say it slowly six and maybe you can keep up. Negotiating and compromising on a P-L-A-N is how effective government takes place. You know, government for the good of EVERYONE. The Green New Deal is a CRUCIAL FRAMEWORK from which to discuss the issue. Duh.

Course, for a guy who is just peachy keen with governing by Wishful Thinking and the "gut impulses" of a lifelong narcissist, business failure and conman...having a "plan" probably sounds like radical far-left ideology.

..

LandM wrote: ↑Thu Oct 01, 2020 9:34 am aFan,
Riddle me this please. ........ The folks in this country are creative so in your humble opinion when is enough, enough as sometimes these things create opportunities for some.

You're forgetting multiple things, and only one of them happened (#2) during the 08 bailouts.


1. State governments, using Trump's Federal guidance, are barring businesses like mine from opening. That alone merits financial compensation. I literally can't bring the public into my building in financially sustainable numbers, according to government order.

2. They already have sent FAR LARGER bailouts to large corporations. So there's no excuse for sending them to businesses that didn't qualify for the last round of bailouts.

3. Travel is extremely limited, if not outright banned (EU). This has a massive effect on all but a handful of States that rely heavily on tourism.

6ftstick wrote: ↑Thu Oct 01, 2020 11:20 am Wait a minute wait a minute.

This is from Bidens official campaign website. This morning!

Biden believes the Green New Deal is a crucial framework for meeting the climate challenges we face. It powerfully captures two basic truths, which are at the core of his plan: (1) the United States urgently needs to embrace greater ambition on an epic scale to meet the scope of this challenge, and (2) our environment and our economy are completely and totally connected.

What are you gonna say now, 6ft?

What's your argument? That we can't (snicker) afford it?

Trump borrowed almost $4 Trillion BEFORE Covid, and for NO REASON. Can you even tell me where that money went? Yep, $700 billion+ went to defense. And besides that? Where did it go......?

You don't care. Why? Because when an R spends money, you look the other way.

This is going to be fun if Biden manages a miracle, and wins the election. You're not going to be able to whine about ANYTHING that Trump didn't already do, my man.