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GSE'S: No Soup For You!
Free Money for all!
Treasury Secretary Steven Mnuchin said Tuesday that the Trump administration wants to get emergency funds in Americans’ pockets “immediately” amid the coronavirus crisis.
“Americans need cash now,” Mnuchin said during a White House press briefing on the administration’s latest efforts to combat the disease. “I mean now in the next two weeks.”
“The president has instructed me that we have to do this now,” Mnuchin added.
https://www.cnbc.com/2020/03/17/mnuchin-says-trump-administration-is-looking-to-get-cash-to-americans-immediately.html
The Second Coming
BY WILLIAM BUTLER YEATS
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.
Surely some revelation is at hand;
Surely the Second Coming is at hand.
The Second Coming! Hardly are those words out
When a vast image out of Spiritus Mundi
Troubles my sight: somewhere in sands of the desert
A shape with lion body and the head of a man,
A gaze blank and pitiless as the sun,
Is moving its slow thighs, while all about it
Reel shadows of the indignant desert birds.
The darkness drops again; but now I know
That twenty centuries of stony sleep
Were vexed to nightmare by a rocking cradle,
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?
If you're wondering why futures are up here is a list of reasons:
States are telling restaurants to close
People are being furloughed or laid off
There is no vaccine and the virus continues to spread
The president said this could last until july, august or longer
The CDC has reduced the number of group gatherings to 10 from 50
More workers are being told to stay home
As you can see, all these good news have given speculators reasons to believe the markets will recover their losses.
Nothing but good news out there. Keep buying.
everyone is entitled to their opinions, but I've read your posts and you are a reliable contrarian indicator
People got through the Black Death too, and it only took a century or so.
Dow 15,000
look out below
try to understand, it's the biggest and oldest study
What happening in the places you cite are too new to compare to the China data which covers a mature progression of the disease
https://www.livescience.com/new-coronavirus-compare-with-flu.html
Another recent study, considered the largest on COVID-19 cases to date, researchers from the Chinese Center for Disease Control and Protection, analyzed 44,672 confirmed cases in China between Dec. 31, 2019 and Feb. 11, 2020. Of those cases, 80.9% (or 36,160 cases) were considered mild, 13.8% (6,168 cases) severe and 4.7% (2,087) critical. "Critical cases were those that exhibited respiratory failure, septic shock, and/or multiple organ dysfunction/failure," the researchers wrote in the paper published in China CDC Weekly.
I'm not pushing an agenda and you are not reading with comprehension but whatever dude
It's the same data, and of course it's "treatable"
the questions are: how many how fast how serious
Anyone with a compromised immune system is not only at higher risk of death, but of permanent significant lung damage if they have a severe case but don't die, that means shorter life with more medical problems for potentially millions of americans as well as world citizens
let that sink in
It takes days to die in most instances
at most, if what you claim is even true, all you can say is they haven't died yet
only 60,000 tested in Italy
https://www.worldometers.info/coronavirus/covid-19-testing/
Problem is not solved, it is an anti-malarial drug that in limited trials is somewhat therapeutic with some curative effect, look up what that means as homework please
“Data from the drug’s [chloroquine] studies showed ‘certain curative effect’ with ‘fairly good efficacy’ … patients treated with chloroquine demonstrated a better drop in fever, improvement of lung CT images, and required a shorter time to recover compared to parallel groups. The percentage of patients with negative viral nucleic acid tests was also higher with the anti-malarial drug… Chloroquine has so far shown no obvious serious adverse reactions in more than 100 participants in the trials… Chloroquine was selected after several screening rounds of thousands of existing drugs.
You have no clue what you're talking about
next
https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
It will likely be down 2,000 on Monday, now that they've realized they don't have enough ventilators
Current Death Rate in Italy, where they don't have enough ventilators either; although it's dropped by about 1% overnight, that's due to the thousands of new cases identified overnight:
1,441/21,157 =6.81%
Sociailst Carney wants Government to give us Free Money
what a dope! Oh, wait a minute...I can use it to buy GSE Shares!
"" We need to put cash into the hands of the American people as quickly as possible.
I propose $1,000 of cash for every U.S. citizen. A family of four gets $4000 per month for the duration of the crisis. Bigger families get more. This boost of income will allow Americans to build emergency savings without having to drastically cut down on their spending. ""
https://www.breitbart.com/economy/2020/03/14/carney-how-to-respond-to-the-coronavirus-economic-emergency/
He even included me!
"" What we need to do now is just start cutting checks for everyone. We need to go deep and broad. The checks go out to hardworking American families who have jobs, workers who lose their jobs, stay at home moms and dads, young people, and old. And, yes, even some of the deadbeats who do not really deserve them. ""
Doctor on coronavirus: 'I think we have between 50,000 and half a million cases right now walking around in the United States'
more 'fear mongering'?
https://www.yahoo.com/finance/video/dr-marty-makary-coronavirus-think-145547356.html
I'm glad I don't live in Ohio:
Ohio health official estimates 100,000 people in state have coronavirus
https://thehill.com/policy/healthcare/487329-ohio-health-official-estimates-100000-people-in-state-have-coronavirus
Worst-case coronavirus models show massive US toll:
https://thehill.com/homenews/state-watch/487489-worst-case-coronavirus-models-show-massive-us-toll
Wait until Monday haha
I shopped this morning at 7 am, stores quite busy, clerks said they were already out of many items.
Lots of government excitement and fear mongering going on right now live on TV, all for something Kudlow said was "locked down tight".
Trump: "the next eight weeks are critical"
capisce?
"Truth is the virus is now in 46 states..."
"look after the most vulnerable"
Sounds like a great business opportunity for Walmart, Target, Quest, Labcorp etc.
'Fortress America' is a popular fantasy, but it ain't gonna happen; not unless the government nationalizes all of our privately owned corporations (and not just Fannie and Freddie haha). There's a name for that type of political system, isn't there?
No; We are NOT Italy
We are so far in a slightly better spot, but we need to shutdown the virus in the next month.
This will require everyone in America to pull together and take it seriously.
And not blame the Chinese or call it a hoax.
It's what we do, folks.
Just do it.
Italy’s Nightmare Offers a Chilling Preview of What’s Coming
https://finance.yahoo.com/news/italy-nightmare-offers-chilling-preview-050009137.html
"" The unfolding financial crisis is deeply entwined with what’s happening in shoe stores, shops, and hospital wards. Unlike the last financial contagion, which largely came from within the banking system, this is a shock to the entire economic corpus. As business grinds to a halt, the country risks a domino effect of unpaid bills and loans that threaten to ripple across the globe.
“Basically, it’s a natural-disaster case,” Philipp Hildebrand, vice chairman at money manager BlackRock Inc., told Bloomberg TV. “If they don’t have customers for a couple of weeks, it becomes very hard to service their debt, it becomes hard to pay the rent.” ""
Why would Trump evoke emergency powers over a hoax?
Is he part of the conspiracy to scare weak retail out of their stocks?
https://www.sfgate.com/news/medical/article/Pelosi-White-House-near-agreement-on-coronavirus-15128582.php
It's all fun and games in our plutocratic kakistocracy, until people start dying of an out of control pandemic LOL
Correct on all points, thanks for sharing
unfortunately this board is full of idiots spreading misinformed opinions, so facts are needed in what often is a fact free-free zone here.
--Yes, that's the goal, push the curve down through massive voluntary social distancing and early identification and quarantine
All we need are the test kits
oh wait...
https://www.sfgate.com/bayarea/article/CDC-cold-flu-coronavirus-graphic-allergies-15119940.php
His case hasn't even gone to trial yet and apparently you're not very familiar with State of Texas DWI laws.
Well, actually the mainstream media was reporting it and lots of doctors were concerned about it. Alex Jones is a flea on the tail wagging the dog. Last week he got a DWI and his wife told the cops that he beats her. Great guy, he called Sandy Hook parents "crisis actors", and he sells bogus supplements to the deluded on his crackpot website LOL
you don't think I would tell you where I'm really going
well maybe you do
Trendy? I started mountaineering in 1963 so ok whatever
they may get cheaper haha
3 - 6 feet
WASHINGTON (AP) — A senior Brazilian official who attended weekend events with President Donald Trump in Florida has tested positive for the coronavirus, marking the first time that someone known to have the virus was in close proximity to the president. Trump does not plan to be tested or go into self-quarantine, the White House said.
Brazilian President Jair Bolsonaro’s communications director, Fábio Wajngarten, tested positive just days after traveling with Bolsonaro to a meeting with Trump and senior aides in Florida. White House press secretary Stephanie Grisham said in a statement Thursday that “exposures from the case are being assessed, which will dictate next steps.”
“Both the President and Vice President had almost no interactions with the individual who tested positive and do not require being tested at this time," Grisham said.
Wajngarten joined Bolsonaro on a three-day trip to the U.S. and on Saturday was at Trump's Mar-a-Lago club, where he posted a photo of himself posing beside Trump. A video from the event also showed him standing directly behind both presidents as they addressed a crowd.
https://www3.nhk.or.jp/nhkworld/en/news/20200312_49/
I always win, even when I lose
"A man's gotta know his limitations"
--Harry Callahan
This is exactly why it's crucial to stop it quickly here within days and weeks.
And if we're right, we have one heck of a buying opportunity
Better to be safe than sorry
thank you - your experience in Hong Kong with SARS reflects what Dr. B. said in his blog. It's transmitted by droplets and that's 3-6 feet and it's both directional and potentially explosive like a shotgun blast over short distances, especially in enclosed places.
Hmmm...I think I'll go hike the Pacific Coast Trail...slowly
"fear mongering from the wicked liberals"
Seriously
wow
Excellent assessment by a practicing physician
FYI I follow Dr. B's SF Giants Fan Blog but he's also a medical doctor and he posted this today; no politics, just (non-politicized) facts and practical information
http://whenthegiantscometotown.blogspot.com/2020/03/thoughts-on-novel-coronaviruscovid-19.html#comment-form
Thursday, March 12, 2020
Thoughts on Novel Coronavirus(COVID-19)
As stated in my profile, I am a practicing physician. As the Novel Coronavirus(COVID-19) grew into a pandemic, I debated writing a post about it. Developments over the last 48 hours directly impact the Giants and MLB, so here it is. I will try to stick to facts as I know them. Any opinions I express are my own and not necessarily those of the leadership of my employing medical group or my profession.
If you look at the entirety of human history, pandemics of infectious diseases have played an enormous role. For centuries, they were likely the major reason why the human population of Earth remained relatively low and stable. It is only in the last 200-300 years that they have become rare and this rarity is a major reason why Earth's population exploded. This dramatic decrease in the frequency and severity of pandemics is due to equally dramatic developments in our understanding of transmissibility, basic public health and hygiene, anti-infective medications and vaccines. Long before COVID-19 showed up, I believed the single biggest threat to our civilization is a major pandemic due to a deadly respiratory virus like influenza or COVID-19.
The last major deadly pandemic due to a respiratory virus occurred in 1918, almost exactly 100 years ago when an antigenic shift produced a new influenza virus which killed millions of humans worldwide. Every year, influenza kills thousands of humans. The reason why it does not kill millions is the vast majority of humans have at least partial immunity through prior exposure to similar viruses and vaccines which produce both individual and herd immunity. The reason why another antigenic shift would likely kill millions is the the body's immune system does not recognize it as a foreign invader which delays an effective immune response. Interestingly, if you plot case-fatality ratio(CFR) vs time for the 1918 Influenza pandemic, it is bimodal with one peak at about 48 hours and another at 10-14 days. The first peak occurred most frequently in young healthy men ages 20-40 and was believed to be due to an overwhelming immune-mediated pneumonia. The second peak was due to secondary bacterial pneumonias. Remember, the 1918 influenza pandemic occurred prior to vaccines and antibiotics or antiviral medications.
While not an exact replica, the current COVID-19 pandemic resembles the 1918 influenza pandemic more closely than anything we have seen in the intervening years. Coronaviruses are a family of viruses which cause respiratory flu-like illnesses which we see fairly frequently on an ongoing basis. What makes COVID-19 different, is likely an antigenic shift for which there is no individual or herd immunity. Unlike influenza, we have not previously developed vaccines or antiviral agents against coronaviruses. This creates a perfect environment for a major deadly pandemic.
The numbers are scary. Worldwide, the CFR(Deaths/Confirmed Cases) remains remarkably stable at approximately 3.5%(by comparison, the CFR for seasonal influenza not due due an antigenic shift is approximately 0.1%). Estimates of real CFR including unconfirmed cases are closer to 1.0-1.5%, but in Italy which has an older population, the reported CFR is around 7%. Incubation period is 5-6 days(compared to 3-5 for influenza). Number of secondary infections generated from one individual is 2-2.5(higher than influenza). While a secondary infection ratio of 2:1 does not seem so bad, this virus remains highly contagious. In one town in New York, 80 cases have been traced to 1 individual. Another cluster of cases in the Boston area grew out of a single conference attended by employees of a biomedical company. Transmission is through direct contact, droplets(produced by breathing, cough or sneeze) and fomites(dormant viruses on contaminated surfaces). Approximately 80% of infections are mild or asymptomatic, but 15% are severe(requiring oxygen) and 5% are critical(require ventilation support).
Extrapolation of these numbers leads to some truly frightening projections. If the virus spreads unchecked, it will likely infect a minimum of 30% of the population. U.S. population is approximately 350 million which means 100 million infected. A CFR of 3.5% would produce 3.5 million deaths. A CFR of 1% would produce 1 million deaths. It does not appear that this virus is losing transmissibility or virulence over time. At this point, our only current hope of avoiding these catastrophic numbers is to limit transmission rates. An effective vaccine will likely take at least months to develop and an effective antiviral medication remains elusive.
It appears China successfully blunted the spread of the virus through reportedly draconian quarantine measures which go far beyond anything even contemplated in the U.S up to this point. Current measures such as cancelling the NBA season and the Coachella Festival are likely just the beginning of restrictions which will go far beyond anything any of us have ever experienced. How effective these measures prove to be remains to be seen. Early in my career, I had a patient who remembered living through the 1918 influenza pandemic. She lived on a remote farm in Missouri approximately 20 miles from the closest neighbor. She lost half her immediate family.
I receive many requests for my personal recommendations for avoiding COVID 19 and many readers here may have the same question. Here is what I currently recommend:
1. Follow directions from the CDC and local authorities.
2. Avoid gatherings of people such as hotels, conferences, church services and entertainment events including sporting events. Avoid mass transportation, planes, trains, buses, etc. DO NOT BOOK ANY CRUISES for the foreseeable future! Avoid popular tourist sites.
3. Remember droplet radius is 3-6 feet.
4. Use of masks is controversial. All I can say is for years droplet precautions in my hospital involve wearing a simple surgical mask. Of course, we take the mask off and wash our hands immediately upon exiting the room. I don't know if wearing a mask at all times would be as effective. It is unlikely that N95 masks are more effective than a simple surgical mask which is effective against direct inhalation of droplets.
5. Wash hands after every contact with another person or surfaces which may be contaminated. Avoid handshakes!
6. Although I am not aware of foodborn transmission, droplets containing the virus could theoretically remain on uncooked food for a long time. Avoidance of uncooked food is a consideration. Fast food is probably safer than a sit-down restaurant and the drive-through window is probably safer than physically entering the restaurant.
7. If you develop cough and fever, you should immediately self quarantine until you can be tested(testing should become more readily available in the next few days). If possible, put on a mask or some type of facial covering before presenting to a healthcare facility for evaluation.
8. Much as I hate to say it, you probably should postpone routine medical visits.
While panic is never helpful in a crisis, it is appropriate to maintain a vigilant respect for the ability of this virus to produce mass casualties and take appropriate steps to protect yourself and others.
Posted by DrBGiantsfan at 3:53 AM
Walmart alone employs over 1% of all US workers
Think of all those jobs in all those 4,500 communities, all those jobs in all those communities are tied to China via the global supply chain, as that's where Walmart sources most of their goods. Walmart has already placed their orders for next year's Christmas season.
Well, look at the bright side...most of Walmart's employees are too poor to have a mortgage, so we shouldn't see many defaults from them.
Shot by our own side
Thanks, yes I understand the Saudis aim and that we are just collateral damage; my point was is that is all that we are (even after clutching their orb).
Hopefully they won't renege on our sweet $110B arms deal...what will they kill the Yemeni children with, their ceremonial swords?!
These idiots are just getting around to admitting that the coronavirus is more dangerous than the flu.
Trump is in way over his head. Always remember that, when given a chance, he bankrupted a casino.
https://thehill.com/policy/healthcare/public-global-health/487175-pence-coronavirus-more-lethal-than-flu-predicts
Not me, I knew it 35 years ago
I tried to warn people
SCOTUS are all over sixty
there's a movie plot in there [cough]