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Covfefe-19: Do What Now?

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Re: Covfefe-19: Do What Now?

What an asshat

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">I will be having a news conference today to discuss very important news from the FDA concerning the Chinese Virus!</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1240234698053431305?ref_src=twsrc%5Etfw">March 18, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Re: Covfefe-19: Do What Now?

I agree we shouldn't call it anything but COVID-19. But i also agree we shouldnt let China spread lies about its origin.

Unless of course we did actually plant it... conspiracy!
 
I agree we shouldn't call it anything but COVID-19. But i also agree we shouldnt let China spread lies about its origin.

Unless of course we did actually plant it... conspiracy!
It was Hunter Biden in a secret Burisma superlab. He spread it in China to throw off suspicion.
 
Re: Covfefe-19: Do What Now?

Interesting- I was kind of surprised how quickly my company made decisions (based on the real business decisions that have been going on over... different thread). We cut off the outside very quickly- stopped all travel, limited who could enter buildings, etc. And then just as our Governor did the press conference, we went to mass WFH. Still some people testing, so we can be somewhat productive- but you can see that the amount of personal exposure is drastically cut back. It would actually take corporate VP approval for me to go back to my building. And my wife's organization was more painful, but once it was done, they went from "why are you working from home" to "why are you at work when you can work from home". Not required. but VERY encouraged.

Noting the traffic in AA, more are that way than not.

We drastically reduced travel. Those that can work from home are. We're asked not to bring visitors in unless necessary, and then they are screened. But we are still open. Manufacturing production can't be done from home.


This article is a week old, and I'm not sure if it was already shared, but I'm finding it interesting:
https://medium.com/@tomaspueyo/coronavirus-act-today-or-people-will-die-f4d3d9cd99ca
This is what you can conclude:
Excluding these, countries that are prepared will see a fatality rate of ~0.5% (South Korea) to 0.9% (rest of China).
Countries that are overwhelmed will have a fatality rate between ~3%-5%
Put in another way: Countries that act fast can reduce the number of deaths by a factor of ten.
 
It has been reported more than once that they are saying it came from the US.

1 example of many:

https://www.cnn.com/2020/03/13/asia/china-coronavirus-us-lijian-zhao-intl-hnk/index.html
Who is they though? The actual president? The government?
 
Re: Covfefe-19: Do What Now?

If they had started quarantining people coming in from International locations in January and testing them before allowing them to mix with the population this could have been a nothing burger. Instead WE DID NOTHING for months. Now we're in a complete ****ing **** show.
 
Re: Covfefe-19: Do What Now?

If they had started quarantining people coming in from International locations in January and testing them before allowing them to mix with the population this could have been a nothing burger. Instead WE DID NOTHING for months. Now we're in a complete ****ing **** show.

Italy did a pretty darn good job early on closing their borders to many Asian countries, one of the quickest to react in Europe, and they still got it bad.
 
Re: Covfefe-19: Do What Now?

Our payloads are even less than I saw with a regional.

Company told the union yesterday they think we can get through this without involuntary furloughs. Sounds like Cathay Pacific is starting to ramp operations back up. Trans States announced a few weeks ago they were shuttering in December...I imagine that will be moved up to in the next month or so.

I just have to wonder, when we provided the airlines and all other businesses tax cuts and they used them to buy back stock, why can't they sell stock to balance their books?

Also: **** THOSE COMPANIES
 
Re: Covfefe-19: Do What Now?

It has been reported more than once that they are saying it came from the US.

1 example of many:

https://www.cnn.com/2020/03/13/asia/china-coronavirus-us-lijian-zhao-intl-hnk/index.html

That particular diplomat was already called on the carpet for those remarks. I consider them BS and not the word from China.

Look, I'm certainly not going to defend China in just about everything. Their cyberwars, industrial spying, etc. (even in their not fully disclosing information on this pandemic) is wretched. But, nowhere do I believe China is officially trying to pass the buck on where this virus originated.
 
I just have to wonder, when we provided the airlines and all other businesses tax cuts and they used them to buy back stock, why can't they sell stock to balance their books?

Also: **** THOSE COMPANIES

They have made bank on fees after 9/11 and got huge tax breaks. I know delta has some some profit sharing, not sure others did.

They should all get to back of the line, along with everyone who said Bernie is as bad as trump
 
Re: Covfefe-19: Do What Now?

They have made bank on fees after 9/11 and got huge tax breaks. I know delta has some some profit sharing, not sure others did.

They should all get to back of the line, along with everyone who said Bernie is as bad as trump

Yeah, it's time to start attaching some pretty big strings to these bailout packages.

Interest paid in cash, no exec bonuses for TEN years and raises capped at the median raise for their employees (not the two or three some ********s are proposing, make sure these companies know they need to start planning for this), no stock buybacks for five years, no dividend increases for five years.
 
Yeah, it's time to start attaching some pretty big strings to these bailout packages.

Interest paid in cash, no exec bonuses for TEN years and raises capped at the median raise for their employees (not the two or three some ********s are proposing, make sure these companies know they need to start planning for this), no stock buybacks for five years, no dividend increases for five years.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This is how it's done.<a href="https://t.co/Ly5TiL87uW">https://t.co/Ly5TiL87uW</a></p>— Marshall Steinbaum 🔥🍉 (@Econ_Marshall) <a href="https://twitter.com/Econ_Marshall/status/1240014293988343815?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Re: Covfefe-19: Do What Now?

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This is how it's done.<a href="https://t.co/Ly5TiL87uW">https://t.co/Ly5TiL87uW</a></p>— Marshall Steinbaum 🔥🍉 (@Econ_Marshall) <a href="https://twitter.com/Econ_Marshall/status/1240014293988343815?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

That's why she should have been President.
 
Re: Covfefe-19: Do What Now?

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This is how it's done.<a href="https://t.co/Ly5TiL87uW">https://t.co/Ly5TiL87uW</a></p>— Marshall Steinbaum &#55357;&#56613;&#55356;&#57161; (@Econ_Marshall) <a href="https://twitter.com/Econ_Marshall/status/1240014293988343815?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Permanently banning buybacks isn't probably going to fly. That seems unworkable.

Otherwise, I like it.
 
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