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Chainfire

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Member since: Sun Feb 16, 2020, 05:07 PM
Number of posts: 6,881

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The talking heads on the Sunday news

Are talking about bailouts for the airlines, entertainment industries, cruise lines, etc.

As individuals, we have to save money if we want a safety blanket. We pay out the ass for insurance. If we do not prepare, we go down. If I don't carry insurance and a storm wipes out my house, I am shit out of luck. If I don't carry health insurance and I get really sick, the hospitals will hound me into the ground for their money.

In the markets it appears that as long as they are making money, everything is groovy. They sure as hell don't share out their winnings. When they lose they go crying to the government to bail their sorry asses with our money. Something is bad wrong with our system. If we can't afford health care we can't afford to bail out rich people.

If industries pay out too much in dividends and don't keep a reserve, to hell with them. let them loose their business to failure to prepare. Someone else will take up the slack and sink or swim on their own merits. Let the big boys suffer for a change. Their trickle down theories have been working to steadily drive the working people down. It is time we "trickled on their legs for a change.

It is not an entrepreneurial system without risk. There is no risk if they can depend on being bailed out.

en∑tre∑pre∑neur
/ˌšntrəprəˈnər,ˌšntrəprəˈno͝o(?r/
Learn to pronounce
noun
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
"many entrepreneurs see potential in this market"


The Senate will come back on Monday and throw peanuts at the working people, while the real money goes to the investors.
You can bet that Delta will be getting money from this disaster far before Dad will.

The country is shutting down

The overriding purpose of the government is collective security; Trump's government has failed miserably.

The country is doing a slow motion shut down because the government was not smart enough to accept, and act on, the early warnings to protect the nation from the virus, or have a plan to deal with the possibility of mass illnesses.

The present situation is much like a house fire; it would have been prudent and effective to call the fire department when the smoke was first seen rather than waiting for the house to be fully involved in flame. Instead, the government, without any investigation or evidence, kept saying the the smoke was from the BBQ grill, it is normal, and nothing to worry about. People Bar-B-Q every day.... We know that there will be house fires and we invest in systems to address the events to prevent the spread to the whole neighborhood, it was only a matter of time before a viral pandemic wold strike. We knew it would come.

So when the inevitable happened, instead of leadership is denial, censorship, and excuses and knee jerk reactions and went searching for the innocent to blame. Trump's continuing denials not only failed to help, but by convincing people that it was a hoax, and an attack on him personally and his presidency in general, he has contributed to the spread of the disease.

The deaths, the illnesses, the fear, the financial losses all rests on the shoulders of the President of the United States, who was unprepared either intellectually or emotionally to deal with a crisis. We will only be safe when the president has left the People's House.

You will love this NPR story

https://www.npr.org/2020/03/11/814550474/missouri-sues-televangelist-jim-bakker-for-selling-fake-coronavirus-cure

Greedy, crooked bastard.

Reuters story;

https://www.reuters.com/article/us-health-coronavirus-usa-emergency-expl/explainer-what-happens-if-trump-declares-coronavirus-an-emergency-idUSKBN20Z3A6

WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday said he may declare the coronavirus pandemic an emergency by invoking a law known as the Stafford Act.

From hoax to emergency in a few short days.....The way to fix this problem is to give Trump more power. He brags about the powers he has that people don't know about.

For those who saw Trump twiddling his thumbs last night, I will tell you, it is what he has been doing for the last month.

I am seeing a Reichstag fire on Wall Street. Wait for it.

Trump has indicated

That he is willing to use the full power of the Federal Government, as necessary, to mitigate the health problem.


Here is the likely speech he will give: (just swap a few nouns)

http://www.worldfuturefund.org/Reports2013/hitlerenablingact.htm

Trump's delivery

Trump's delivery last night, was very untrumplike. I suppose he was trying to appear "Presidential," an act he couldn't pull off. His subdued monosyllabic delivery, without the usual attacks on his "enemies" was a bit disconcerting. I am not sure that it was really Trump speaking, but perhaps some sort of automaton driven by artificial unintelligence. At a time that we need dynamic leadership, we got Trump.

The fool may have come to a realization that the flu is a real issue, and knows that he has no solutions other than to try to divert more of our money to the rich.

Stopping travel from Europe reminds me of the old song, "Too Much, Too Little Too Late." He needed to do something, because he has nothing. News Flash D.J., the cat is already out of the bag. He has run up against a problem that he can't sue, bully, or buy his way out of and he is dazed and confused. He has nothing. We are sailing in very dangerous waters with no captain at the helm.

This is what the people get when they elect their leaders based on emotion.


Make America Great Again

Tax cut? Help me..

In a response to the virus, Trump wants to suspend payroll taxes to boost the economy.

Help me out, I do not understand how this helps people with the illness.

If you are working, you are probably feeling safe and are not ill, and are still getting your normal income.

If you are not working you are not paying payroll taxes so a tax cut helps nothing.

If you cut the payroll taxes without cutting the taxes, it will be hell to pay next April. (after the elections)

What is the theory behind the proposed Trumps tax suspension?

Who is really going to get the $800,000,000 Trump is talking about?

The Economic schizophrenia continues

I am am sitting back with a slushy, a bag of popcorn and some milk duds watching the battle between greed and fear, while the bulls and the bears fight over my pension.

For those of you who think that masks are only for keeping others from getting your illness

I will beat this drum one more time, then leave it alone

This is a headline from a current story from Reuters:

As coronavirus cases exploded across the world, federal medical workers tasked with screening incoming passengers at U.S. airports grew alarmed: Many were working without the most effective masks to protect them from getting sick themselves. (end of headline)

The Government and health care industry is downplaying the roll of masks for protection of the individual wearing the masks because there aren't enough masks to go around. If the gov admitted that masks were an effective preventive measure then people would be up in arms because there were not enough available to protect them. That scenario would indite the government in general and the health care institutions in particular that failed to plan ahead for a pandemic, and we would be demanding the heads of those responsible.

Again, I remind you, look at all of the photographs of health care workers that are in or near the scene of a virus case. All of them are wearing masks and none of them will have been diagnosed with the virus. I will believe the government line when high government officials will visit those sick with the virus without wearing a mask, and then just washing their hands when they leave the area. Let Trump board the cruise ship and meet with the victims, without a mask and I will admit I was wrong. Let them put their health where their mouths are.

I contend that is either/or proposition, either the masks are effective or the health care industry is pissing away a hell of a lot of money on unnecessary masks for health care workers. Take your pick.

The point of this post is not because I am paranoid about the situation. I am cautious but not afraid. What the point is, is that I am just damn tired of being lied to by the people elected to protect me. The truth will help us, lies will not.
We CAN handle the truth.
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