#41
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More covid-19, was Wheels and tires
On Thu, 26 Mar 2020 19:02:16 -0500, AMuzi wrote:
On 3/26/2020 3:28 PM, Tim McNamara wrote: On Thu, 26 Mar 2020 02:03:30 -0000 (UTC), news18 wrote: This was in the recent online offerings; https://arstechnica.com/science/2020...t-too-much-to- ask- for-an-actual-plan/ I say that you are a very nasty journalist who wants Donald Trump to fail in the next election! Expect the President and his Cabinet to do their jobs and save the lives of Americans? What are you, a socialist? Save the money first, it can't take care of itself unlike people. I see no humor in the many working people with whom I associate who are desperate. April rent is due... Unfortunately there are always peole who will willingy live life on the knife edge. Personally, lack of prior proper plannng on their part does not constitrute an emergency on my part. We've just been told of a related couple who will no tw have to move back home in a desperate gamble to save money to continue to pay off the negatively geared mortgages on all their rented properties because his pay has been slashed 75% and there is a good chance of having now- unemployed tennants default. I probably am not popular as I warned them of this about a yer ago as a generally unwise way to do things. Wrecking a nation is hardly the best way to save lives, That appears the choice presented by covid-19 unless you think the murder of many people is the better way. That will really wreck the economy. Dead peole can not buy bicycle and sercices, but they may be future customers if there are sufficent medical faciities to see them through and hopefuly they adaopt a healther lifestyle afterwards. You cannot name a prior example that turned out well - it's never been done. Sothe survival of country durg war time doesn't count? Now we're in midair after a huge dangerous leap. The dangerous leap was in not doing anything when the problem became known all those months ago. No your nation is forced to exteme masures to compensate for the blaise' dissmissal and lack of earl action. Economies always recover, especially if there is prior preparation. What will not recover is activities that were marginal in the first place. |
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#42
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More covid-19, was Wheels and tires
On 3/26/2020 8:02 PM, AMuzi wrote:
On 3/26/2020 3:28 PM, Tim McNamara wrote: On Thu, 26 Mar 2020 02:03:30 -0000 (UTC), news18 wrote: This was in the recent online offerings; https://arstechnica.com/science/2020...o-much-to-ask- for-an-actual-plan/ I say that you are a very nasty journalist who wants Donald Trump to fail in the next election! Expect the President and his Cabinet to do their jobs and save the lives of Americans?Â* What are you, a socialist?Â* Save the money first, it can't take care of itself unlike people. I see no humor in the many working people with whom I associate who are desperate. April rent is due... Wrecking a nation is hardly the best way to save lives, You cannot name a prior example that turned out well - it's never been done. Now we're in midair after a huge dangerous leap. We're in midair after being told it's fine to chop the pandemic response team; that there are only a few U.S. cases; that this would end quickly; that warm weather would stop its spread; that nobody knew this would be a problem; that we don't need to use tests available through other agencies; that anybody who needs a test can get a test... etc. But it's OK. It will be over by Easter, right? -- - Frank Krygowski |
#43
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More covid-19, was Wheels and tires
On 3/26/2020 7:48 PM, Tom Kunich wrote:
On Thursday, March 26, 2020 at 4:12:48 PM UTC-7, Frank Krygowski wrote: On 3/26/2020 6:43 PM, Tom Kunich wrote: On Thursday, March 26, 2020 at 1:28:56 PM UTC-7, Tim McNamara wrote: On Thu, 26 Mar 2020 02:03:30 -0000 (UTC), news18 wrote: This was in the recent online offerings; https://arstechnica.com/science/2020...o-much-to-ask- for-an-actual-plan/ I say that you are a very nasty journalist who wants Donald Trump to fail in the next election! Expect the President and his Cabinet to do their jobs and save the lives of Americans? What are you, a socialist? Save the money first, it can't take care of itself unlike people. Tell us all what the President is going to do against a disease. This ought to be interesting to listen to a moron run on about just how ignorant about the world around him he is. Many public health professionals can tell you what the president _should_ have done against a disease. It's hardly a secret. -- - Frank Krygowski It isn't a secret but you don't know what it is? Wrong. -- - Frank Krygowski |
#44
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More covid-19, was Wheels and tires
On Thursday, March 26, 2020 at 6:15:18 PM UTC-7, news18 wrote:
On Thu, 26 Mar 2020 19:02:16 -0500, AMuzi wrote: On 3/26/2020 3:28 PM, Tim McNamara wrote: On Thu, 26 Mar 2020 02:03:30 -0000 (UTC), news18 wrote: This was in the recent online offerings; https://arstechnica.com/science/2020...t-too-much-to- ask- for-an-actual-plan/ I say that you are a very nasty journalist who wants Donald Trump to fail in the next election! Expect the President and his Cabinet to do their jobs and save the lives of Americans? What are you, a socialist? Save the money first, it can't take care of itself unlike people. I see no humor in the many working people with whom I associate who are desperate. April rent is due... Unfortunately there are always peole who will willingy live life on the knife edge. Personally, lack of prior proper plannng on their part does not constitrute an emergency on my part. We've just been told of a related couple who will no tw have to move back home in a desperate gamble to save money to continue to pay off the negatively geared mortgages on all their rented properties because his pay has been slashed 75% and there is a good chance of having now- unemployed tennants default. I probably am not popular as I warned them of this about a yer ago as a generally unwise way to do things. Tenant defaults are a huge problem with multi-family, and one that me and my brothers are facing right now on several leveraged properties. We'll probably get $1M or so in financing to keep the properties afloat until rents stabilize. This is a Black Swan event for a lot of businesses -- and not because of poor planning. Every business is leveraged -- a retail business with no income will burn through even robust savings if it has to pay months of rent on unproductive space, and there is no rent holiday for commercial tenants. The response to COVID-19 has caused wages to plummet and may cause at least some service businesses to disappear. Maybe that's needed to protect the population and maybe not. Regardless of whether it is the right choice, one cannot deny the serious consequences of shutting down the economy and the effect on ordinary wage-earners and well-run small businesses. I think the public health should prevail, but that doesn't mean we just ignore the economy, particularly since there are health consequences of being poor. -- Jay Beattie. |
#45
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More covid-19, was Wheels and tires
On Thu, 26 Mar 2020 21:20:32 -0400, Frank Krygowski
wrote: On 3/26/2020 8:02 PM, AMuzi wrote: On 3/26/2020 3:28 PM, Tim McNamara wrote: On Thu, 26 Mar 2020 02:03:30 -0000 (UTC), news18 wrote: This was in the recent online offerings; https://arstechnica.com/science/2020...o-much-to-ask- for-an-actual-plan/ I say that you are a very nasty journalist who wants Donald Trump to fail in the next election! Expect the President and his Cabinet to do their jobs and save the lives of Americans?* What are you, a socialist?* Save the money first, it can't take care of itself unlike people. I see no humor in the many working people with whom I associate who are desperate. April rent is due... Wrecking a nation is hardly the best way to save lives, You cannot name a prior example that turned out well - it's never been done. Now we're in midair after a huge dangerous leap. We're in midair after being told it's fine to chop the pandemic response team; that there are only a few U.S. cases; that this would end quickly; that warm weather would stop its spread; that nobody knew this would be a problem; that we don't need to use tests available through other agencies; that anybody who needs a test can get a test... etc. But it's OK. It will be over by Easter, right? And the U.S. has now surpassed all other countries with 82,547 reported cases and 14,336 new cases since yesterday. That is a 21% increase from the "yesterday" figures of 68,211. Thailand which has a very aggressive prevention program with all stores other than food and medicines closed, borders closed to all foreigners, police check points throughout the country to restrict travel, all crowded venues closed, and even temperature checks to enter many stores, still has an increase of 11% since yesterday. -- cheers, John B. |
#46
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Wheels and tires
On Thu, 26 Mar 2020 08:58:50 -0500, AMuzi wrote:
With about 60 million Italians, of whom about 7,000 deaths are attributed to the Chinese Bioweapon virus, So you do not beleive the infrmation that shows this to be fake news. Have we found our third stooge. https://www.wired.com/story/opinion-...onavirus-myth- went-viral/ |
#47
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Wheels and tires
On Thu, 26 Mar 2020 19:04:03 -0500, AMuzi wrote:
On 3/26/2020 5:47 PM, John B. wrote: Think Tibet, think Tiananmen Square , think Uighur Muslims. It's a new age. Every Hong Kong citizen would be livestreaming a Tiananmen-like event. So what. Mobile phones do not stop tanks. |
#48
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Wheels and tires
On Thu, 26 Mar 2020 20:09:27 +0000, Ralph Barone wrote:
I wonder how fast Mexico and Canada can build border walls :-( Nope, they still want Trump to buld it. https://www.theshovel.com.au/2020/03...-hurry-up-and- build-the-****ing-wall/ |
#49
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Coronavirus, was Wheels and tires
tOn Thu, 26 Mar 2020 20:10:31 -0500, AMuzi
wrote: On 3/26/2020 7:40 PM, John B. wrote: On Thu, 26 Mar 2020 20:09:24 +0000 (UTC), Ralph Barone wrote: Radey Shouman wrote: Ralph Barone writes: John B. wrote: On Wed, 25 Mar 2020 19:26:32 -0500, AMuzi wrote: On 3/25/2020 12:43 PM, Tom Kunich wrote: [snip on-topic bicycle stuff] On Tuesday, March 24, 2020 at 3:18:09 PM UTC-7, Joerg wrote: I can't figure out what Newsome thinks he's doing saying that a couple of weeks from now isn't long enough to keep businesses shut down. Its been two weeks already and in another couple of weeks all of the restaurants, the largest business sector, will be dead. If your auntie was Nancy Pelosi, you could try your hand at being Governor too! Given that the virus "new case" rate in the U.S. is now the highest in the world (as of March 26, 2020, 00:12 GMT) the question of whether the restaurants go out of business because of a shutdown or whether they go out of business because their customers catch the virus is probably immaterial. -- cheers, John B. It’s a tough call. Either way people are going to be uncomfortable or die, but my guesses are with the shutdown being the better choice. Considering that pandemics are just compound interest with a very high interest rate and a very short compounding period (take out a loan at 250% interest per week and tell me how that works out for you), I’m surprised at the lack of serious response from the guy running things south of 49. Interesting analogy. Going a bit further, it seems immunity and bankruptcy are two sides of the same coin, while death works the same for both compounded debts and pandemic illness. Looks like we elected an experience-qualified guy after all. I guess, except his “go-to” move is declaring bankruptcy and letting the other people deal with the mess. So, if you’re paying 250% a week interest on a loan, when is a good time to start selling stuff on Craigslist for a two week repayment program? The correct answer is As Soon As You Borrowed The Money. The second best answer is Right ****ing Now! Perhaps an even better solution is "don't borrow money at 250% a week". That would be, 1100% over one year :-) -- cheers, John B. Mr Slocumb- You have many skills but this isn't one of them. Taking a $100 loan at 250% per week for 52 weeks on a regular amortization table sums to: $1 397 688 109 531 440 000 000 000 000 000.00 Compound interest is a powerful thing, underestimated by borrowers in every era, in every place. Which demonstrates that, at least for me, my policy of never borrowing money is the correct one :-) But are you sure? I just calculated it and I get $49,303,806,576,313,200,000,000.00 :-) -- cheers, John B. |
#50
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Wheels and tires
Ralph Barone writes:
AMuzi wrote: On 3/26/2020 11:20 AM, Sepp Ruf wrote: AMuzi wrote: On 3/25/2020 7:40 PM, John B. wrote: Given that the virus "new case" rate in the U.S. is now the highest in the world (as of March 26, 2020, 00:12 GMT) the question of whether the restaurants go out of business because of a shutdown or whether they go out of business because their customers catch the virus is probably immaterial. With about 60 million Italians, of whom about 7,000 deaths are attributed to the Chinese Bioweapon virus, an equivalent proportion of USAians would be just under 40,000 dead. As of today it's roughly 1,000. A thousand dead people is a real problem (to them, anyway) but it's not of the scale Italy has suffered. (I avoid repeating any of the lying lies spewed by the Chinese propaganda machine. Make a guess yourself.) Try F@løøn 6Øng's theepochtimes.com for China news. Hear, hear, in Chicago lawyer geography, "outside is not for 5Ks"... https://www.theepochtimes.com/chicago-officials-threaten-arrests-over-runs-bike-rides-basketball-amid-covid-19-pandemic_3286675.html Chicago mayor Lori Lightfoot heavy-handedly threatens commuters with death by prison infection: "Outside is for a brief respite, not for 5Ks. I can’t emphasize enough that we abide [by] the rules." Crook County reasoning, probably: When trails are fully closed, it's the outlaws who will be safest from full trails... https://chicago.suntimes.com/coronavirus/2020/3/26/21195127/latest-coronavirus-news-for-march-26-2020-live-updates Agreed, Epoch Times is a wonderful resource. If not for them we would know nothing of China. https://www.ejinsight.com/eji/articl...er-hk-autonomy Meanwhile here's a vote of confidence on the near futu https://www.washingtontimes.com/news...virus-spreads/ http://www.rfi.fr/en/americas/202003...ears-and-chaos https://www.washingtonexaminer.com/p...being-rationed I wonder how fast Mexico and Canada can build border walls :-( Mexicans are protesting in Nogales about untested yanquis crossing the border: https://www.bbc.com/news/world-us-canada-52053656 |
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