From the Star Ledger:
Selling or buying a home? See how coronavirus is affecting the real estate market in N.J.
Real estate agents are still working, but they said many buyers and sellers are putting their plans on hold.
“I have three potential sellers I was preparing to work with. All three have decided to wait at my recommendation,” said Darren Pecoraro, a broker associate with Keller Williams West Monmouth. “It’s just too risky right now, and we need to be concerned with liability as well.”
His company decided to have all clients sign a hold harmless agreement, just in case someone gets sick despite precautions. Other agencies have followed suit.
…
Chiquita Pittman, a sales associate with RE/MAX Platinum who works primarily in Middlesex, Somerset and Monmouth Counties, said she’s taking every precaution on home showing requests while following guidelines from the National Association of Realtors (NAR).
“We use disposable gloves, shoe covers and hand sanitizer,” Pittman said. “We turn on all the lights and open cabinets and doors for all showings.”
But the reality is that there haven’t been many showing requests since the governor’s stay-at-home order, she said.
Why not.
First!
The cure
https://www.nj.com/opinion/2020/03/covid-19-patient-successfully-treated-with-unproven-drug-in-nj-is-a-ray-hope-opinion.html
Taking my Herba Santa daily. In computers I trust.
https://chemrxiv.org/articles/Repurposing_Therapeutics_for_the_Wuhan_Coronavirus_nCov-2019_Supercomputer-Based_Docking_to_the_Viral_S_Protein_and_Human_ACE2_Interface/11871402/4
The novel Wuhan coronavirus (SARS-CoV-2) has been sequenced, and the virus shares substantial similarity with SARS-CoV. Here, using a computational model of the spike protein (S-protein) of SARS-CoV-2 interacting with the human ACE2 receptor, we make use of the world’s most powerful supercomputer, SUMMIT, to enact an ensemble docking virtual high-throughput screening campaign and identify small-molecules which bind to either the isolated Viral S-protein at its host receptor region or to the S protein-human ACE2 interface. We hypothesize the identified small-molecules may be repurposed to limit viral recognition of host cells and/or disrupt host-virus interactions. A ranked list of compounds is given that can be tested experimentally.
…
Of the top 41 ranked compounds, we highlight four (with scores ranging from -7.4 to – 7.1) based on their poses, which are represented in figure 2. These highlighted compounds are pemirolast41-42 (ZincID: 5783214), isoniazid pyruvate (ZincID: 4974291), nitrofurantoin (ZincID: 3875368), and eriodictyol (ZincID: 58117). Of the four small-molecules shown in figure 2, the top-ranked, pemirolast, is an anti-allergy medication or for use in treating chronic asthma41-42, while the second and third of the highlighted hits are related to well-known antibiotics, with nitrofurantoin an antibiotic for use against urinary tract infections43 and isoniazid pyruvate being a metabolite of the tuberculous antibiotic Isoniazid44. The last, Eriodictyol, is a flavanone found in Herba Santa and is a traditional herbal remedy used for asthma and treating colds 45.
Virus hysteria is the new TDS. Poo pooing experimental treatments, apocalyptic body count predictions, all symptoms of the same affliction.
use this stuff to keep people off ventilators and out of hospitals in the first place…then put the young back to work. Buy some time to figure out a vaccine while getting things back to semi normal…
overcrowded testing center in Jersey City
https://twitter.com/Magicflapjacks/status/1245068683669639168?s=20
China is now providing recovered C19 cases with a mobile app that they can display (green screen with barcode), indicating they are recovered and can freely travel and work. It’s scannable, so they can confirm.
Or, if you are not recovered, not exposed, or have traveled outside safe areas (or turned off your GPS), the app will indicate a red screen.
Privacy pundits in the US would be crying bloody murder.
Hold up D. Following fine tradition of this country, lets first test it out on poor blacks and unknowing military soldiers.
Rent due today
If I or anyone in my family get sick…I am DEMANDING that medicine. I’m not waiting for a study and you can bet doctors have it ready to go for their family members.
People have already been taking it for DECADES.
Bystander says:
April 1, 2020 at 8:14 am
Hold up D. Following fine tradition of this country, lets first test it out on poor blacks and unknowing military soldiers.
The identity politics folks never take a day off. They’ve been conditioned thoroughly. America is evil, America is racist, ya da, ya da.
People have already been taking it for DECADES.
I know, it’s idiocy. If Trump said penicillin, people would scream bloody murder about toxicity and allergies.
I watched the American experience polio episode last night.
Now that was a terror inducing disease. One day your a healthy person, mostly kids, and the next day paralysis.
When Salk was knocking on the door of a cure, there were rivals who tried to undermine him. Totally blinded by their own ambitions. I see a parallel.
Ladies and Gentlemen Larry David.
https://twitter.com/CAgovernor/status/1245110728199045120?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1245110728199045120&ref_url=https%3A%2F%2Fwww.nj.com%2Fnews%2F2020%2F04%2Flarry-david-curbs-his-enthusiasm-for-coronavirus-idiots-with-a-video-thats-pretty-pretty-pretty-good.html
The novel Wuhan coronavirus (SARS-CoV-2) has been sequenced, and the virus shares substantial similarity with SARS-CoV. Here, using a computational model of the spike protein (S-protein) of SARS-CoV-2 interacting with the human ACE2 receptor, we make use of the world’s most powerful supercomputer, SUMMIT, to enact an ensemble docking virtual high-throughput screening campaign and identify small-molecules which bind to either the isolated Viral S-protein at its host receptor region or to the S protein-human ACE2 interface. We hypothesize the identified small-molecules may be repurposed to limit viral recognition of host cells and/or disrupt host-virus interactions. A ranked list of compounds is given that can be tested experimentally.
I remember back in 2000 when I started scientific research. There was this guy, Paul Janssen, who was basically the godfather of medicine. He would just figure out ways to cure diseases like a wizard. You may have passed a subsidiary of J&J, Janssen pharma. He developed over 80 medicines and 4 of them are on the WHO list (back when the WHO wasn’t a puppet of China) of essential medicines. To put this in perspective….most scientists have no hope of getting 1 medicine on that list.
In his last project, he took computers and the 3 dimensional structure of HIV reverse transcriptase and they had a computer model essentially 300 possible compounds that would fit into the pocket of the protein. Think of the pocket as a keyhole and you have to design a key. His labs synthesized all of those compounds and they ran the in vitro trials. Basically, 15 of them worked, and 1 of them (rilpivirine) worked against all strains of HIV.
Unfortunately, he passed away before they were FDA approved but the guy was so good that he could just look at virus protein and figure out how to attack the virus. But he was the first person I saw to employ this method of computer modeling to design hypothetical drugs. He was wizard.
One of the benefits of this type of drug design is that the molecules are so shape specific that they have less of a chance of interacting with anything else in the body which drastically reduces their toxicity.
They already know the toxicity of all of these medicines they are testing. And it’s more than plausible than antiviral medications which attack viral replication mechanisms will work on this virus as they do other viruses.
The widespread skepticism or outright denial of the possibility of these antiviral drugs effectiveness is akin to the left’s version of science denial. If you watch Rudy Giuliani’s interview of Dr. Zelenko, you learn a lot about the virus and why he and others are treating it this way.
The side affect issue is laughable. You give them 1 dose, check their heart rate. If there is no side effect, you are part of the 99% than can safely take this drug. If you are the 1%…sorry, we’ll try something else.
Read a study last night that proves population density has nothing to do with quantity of spread. Only the speed of it. Also following Denmark, Sweden and Norway. Two of them locked down and are near peak. Sweden chose to go the U.S. route. No sign of slowing. It’s great study because all three cultures are amazingly similar in behavior. I wonder which economy will take the lesser hit while suffering lesser casualties? I’m not betting on Sweden.
Some good news. Both tenants paid their rent in full today.
#winning
Wow not much Yerba Santa available for quick delivery.
Just ordered three 900 mg supplements bottles of yerba santa from a Florida reseller. Hopefully it won’t be snake oil.
“overcrowded testing center in Jersey City”
Your posting some rando on twitter who records 4 seconds of a testing center that was probably closed at the time. Her next tweet is asking for money which means she is on the right-wing grifting kick. Kind of like the video you posted of the small lines at Morristown testing center which you didn’t mention was doing a dry run that day by appointment only. The #filmyourhospital people are just the worst as they are too dumb to realize that the outside of hospitals are quiet because visitors are not allowed and there are no elective procedures being done. They also probably don’t know where the refrigerator trucks pull up to collect the bodies. Maybe they should record that.
Are you just gullible or do you feel duty-bound to spread propaganda in defense of your Supreme Leader.
Also, the crowding at testing sites should be on the decline in NJ as more sites have popped up. Plus we’ve been near two weeks of social distancing so the number of people with symptoms and needing testing should be on the downswing. Hopefully this continues but that constant drumbeat of “its just the flu, its not that bad” ilk will only drag this out.
The reason for the lack of the line in Jersey City drive up is because you need an appointment and there is no number listed in the NJ virus testing sites web page to call for an appointment at this particular site.
But call it fake news anyway. You know. Don’t ever trust the MSM, blah, blah, blah.
Fortunately, people are smarter than that, unless they are Trumpies. They’ll believe anything they read. Like we are going back to work by Easter.
He wanted a closed border to the south of us and to bring back industry that went to China and other places. He’s going to get both through a way nobody expected. After this shit storm passes, you’ll never again hear a peep about open borders or against bringing back manufacturing.
https://www.yahoo.com/news/voters-behind-trumps-higher-approval-122519015.html
We can only hope the dems won’t bitch anymore about open boarders and belittle manufacturing jobs after this shortage in medical supplies. This should act as a wake up call to these Libtard morons.
Sounds good now Gary, but let’s see his poles when 3K people a day are dying in about another week or so.
Also saw a report today that said the unemployment numbers were way higher than reported due to a snafu. Remember, this is only the first inning. Don’t count your chickens.
Bystander. That chart of mine is still a thing of beauty no? So far, it (and Chi’s sage advice) has saved me a bundle.
The definition of Greatness.
https://twitter.com/pastajoe5/status/1245164515106402306/photo/1
Fabius,
Go get your f.ucking shine box.
Hey, remember when Pelosi was handing out pens and laughing it up during the impeachment signing? I wonder if they were concerned about spreading the virus.
If I were grading politicians on their overall response/performance:
Trump: B (should have closed the borders, air travel and ramped up production faster than he did)
Pelosi/Schumer: F- Decided to play politics when the initial stages of shutting down travel were in play.
Biden: Incomplete (this is what we gives students in High School who miss too many days. This guy has disappeared.)
Murphy: A – (should have come up with a better system for initial testing than allowing everyone and their mother to just show up. Also could have shut down the state a few days earlier. Should have also put measures in place to quarantine people who go to their summer homes)
Cuomo: A (he’s one of the few sane voices in the room and calls people out on their BS)
DeBlasio: F (jerk off goes to the gym at the last minute, has to be threatened with a mass call out by the teachers, and consistently told everyone to go out and have fun when he should have done the opposite)
DeSantis: D (needed to shut those beaches and businesses down immediately. Probably should have quarantined anyone flying from NY/NJ as well)
Raimondo: A+ (screens all New Yorkers coming in, quarantines them, and checks up on them)
Lib,
I love that chart. I was watching Dow bounce along that line toward end of day and each time retreated until sell-off pushed it out of reach. I can’t see next few days being good with Friday’s unemployment being depression level.
Ed,
Not surpising with Dumpy’s approval. This is like war times conditions and people look for leaders. Even that little cokehead W got mega-approval for his nuthugging “mission accomplished.” rah rah BS…then the bodycounts come and people turn on them. This is coming hard for the Orange clown. Geez, I can’t even people thought that nosferatu that ran NYC during 911 was a great leader. He is 100% insane.
I paid daycare for March. A week later the center closed. It’s been chaos and mayhem at my house since. I just received a bill for 100% of April’s tuition.
The center just started a once a week video call where kids show up and get bored ten minutes later. Now, I’m all for helping them through a tough time but not discounting it by even the slightest amount is just poor optics. If it’s business as usual – well minus the supplies they’re not using up or the hourly labor that’s not coming in – then there’s 20-25% profit on that bone.
If I cut this check I’m out $2,200 for services not rendered for the month of March and April.
Why not avail yourself of the payroll programs& defer commercial rent. What are they going to do next month? Send 100% bills out again?
What are your thoughts on this?
Advice from the board. How to proceed?
“due to the virus outbreak I could not work in 20 days, as I heard in the news, there would be a different 90-day process for tenants”
Why are landlords being forced to subsidize housing? Govt picking winners and losers again. Pay for it through taxes, so everyone pays, not just landlords.
BRT,
Let’s add:
McConnell – F – played politics in drafting bill without Dem involvement
Lindsay Graham – F – spent two days trying to kill “generous” 600 bucks in unemployment bump
There’s currently 200,000 cases in the U.S and 4400 deaths. At minimum, the forecast is for 100,000 deaths. So, if it’s 1.6 deaths per 100 cases, that means we’ll have ~ 6,250,000 cases. Meanwhile, the streets are deserted. I drove to the drug store this morning at 8:00 AM. I passed one car at “rush” hour. I was the only person in CVS… not another soul around. How long is it going to take for these other 6,000,000 cases to unfold if everyone is shuttered? What am I missing?
re: What are your thoughts on this?
I would inquire as to whether the daycare is paying their workers now with the tuition they are collecting. Anyone not getting paid will move on and when they reopen YOU have a bigger problem, still paying for services that cannot be rendered.
Projecting greatness as usual Gary!
https://www.cnn.com/world/live-news/coronavirus-outbreak-03-27-20-intl-hnk/h_970b40ad1b5fd90242c2bb8ad0af0f0f
I remember watching this. Munuchin was the only one that hesitated. He looked at the pen and you could see him thinking, “I dont want to, but I’m going to have to take this!”
Donnie gets a D- for this, up from the F. Pence gets the B and that grade is slipping.
I typically find TA to make up about 20% of my decision. I usually try to use it to time my long-term buys and sells, but realize, at the end of the day, it’s predicting the change in fundamentals (and primarily earnings) that makes your money. I used to argue with ExPat about this all the time. He was more 80/20 TA/FA. I said, who has time to watch it? And every time he would show me a pattern, I would show him one that didn’t work. :P
Shame he is missing all of this excitement now.
let the lawsuits begin.
Fox News purportedly bracing for “legal bloodbath” after peddling coronavirus disinformation
https://twitter.com/joncoopertweets/status/1245106184199245830
The incompetence of this administration is stunning.
https://www.politico.com/news/2020/03/31/pence-task-force-coronavirus-aid-157806
Last week, a Trump administration official working to secure much-needed protective gear for doctors and nurses in the United States had a startling encounter with counterparts in Thailand.
The official asked the Thais for help—only to be informed by the puzzled voices on the other side of the line that a U.S. shipment of the same supplies, the second of two so far, was already on its way to Bangkok.
Here’s your boy Ed. Obamcare will be making a comeback, mark it down. Trump is just working on his “branding” of it to try to take credit. Red hat dolts will eat his steaming pile of “genius.” Rs, as usual, are lost on healthcare. No idea, no care..
“As the number of coronavirus cases in the U.S. keep growing, there have been calls for the Trump administration to create a nationwide special enrollment period (SEP) for uninsured Americans to sign up for health insurance coverage.
The Trump administration considered an SEP — which would involve re-opening the HealthCare.gov enrollment site — but has now reportedly decided that the administration will not be pursuing that route.”
If anyone knows where I can get the antibody test – I would love to test my hunch.
Then I wouldn’t need to make sacrifices to a witch doctor.
Cuomo and Warren summed up how badly the admin are screwing up. Donnie told the states to source their own PPE. So 50 states are bidding against each other. They are also bidding against FEMA who are not only out bidding them, but also instructing the companies to redirect the shipments that the states have won.
When this all calms down, the commission review will be stunning.
Juice,
At this point, the center has my CC on file and 1.5 months security so this will sort itself out over weeks/months. I parse contract language for a living, but didn’t even read through this one; go figure. Had the bill come with a 50% discount, I would have paid it without even blinking. I just wanted a sanity check as I mull this over.
A partner mentioned on our daily call that NYU Drama is being sued for refunds/credits by students who claim drama cannot be taught via video feed. Things just got real for a lot of people on the first.
Lib, population density is a big factor in the speed of spread. That is the issue up in a rural area where under normal circumstances there are limited interactions with people, the spread of virus will be markedly slower. Any study of population density that uses Europe as an example is faulty as even in rural areas the people cluster in villages. In the US most rural places were populated in the age of the automobile, agriculture is larger and more spread, people generally do not live in town. I surmise in rural areas they are less likely to be overwhelmed.
On Chloroquine, the Chinese were administering it early it was not by mistake. Our NIH did a study utilizing it against SARS, it had antiviral activity against it. They also did their own in-vitro testing and found it to have an inhibitory effect on SARS-CoV2. My view is that it is not working 100% but it does reduce the viral load and a true clinical test would prove that out. In the mean time the drug has been in use since the 1930’s and the side effects are well known and tolerated in most people. The telling thing is that a good many doctors are using it, a doctor from Hackensack hospital indicated that in 75% of their ICU COVID patients it is being administered. So while it doesn’t appear to be a magic bullet, we have it and know it’s long term side effects and it can be used to lessen severity. I also wonder if efficacy if administered earlier before patients are experiencing lung damage. So the media and political bent that we have no idea that it will have effect are ignoring years of research into quinine compounds as antivirals. Efficacy against COVID-19 is unproven but there is limited empirical data which indicates an effect from administering to COVID patients hence the willingness of some medical professional to try it.
I fully expect the daycare/preschool I send my kids to will want payment while closed. We too paid for March, I expect a bill for April. The people who work in these place do not make great money and it isn’t an easy job. I expect they will continue to be paid if not 100%, at least 80% so as to retain them, as long as you are paying they can still pay. I also image they will allow those who lost their income to stop paying and keep there spot when they re-open. These places(the good ones) typically have a waiting list a mile long so they tend to require payment to hold a spot, regardless of whether or not your kid is there.
Boomer,
I sympathize with your situation. I am fortunately out of daycare. They got you by the b$lls. You give up spot and you may not have it when people go back to work. It will be chaos. My 3 year old is special needs with therapy 3 hrs. every day. We had choice to stop but decided against it. We can’t risk losing her. The other cling-ons (who oversee her and charge a bomb) want to do video chat wth my son. I said no way. They won’t change billing rate of VC. It is nearly useless for him though I feel for those folks.
Here we go
“The surge is beginning to occur,” Persichilli said.
Seven North Jersey hospitals reported Tuesday night that they were on a divert status — some due to overcrowding in ER and some due to overall census.
https://dailyvoice.com/new-jersey/northernvalley/news/surge-begins-new-jersey-coronavirus-cases-hit-22255-7-hospitals-at-capacity/785925/
Bystander, agreed…99% of congress is useless
When this all calms down, the commission review will be stunning.
Just like the Mueller report?
The incompetence of this administration is stunning.
Reagan-Mondale.
Any questions?
Trump’s new healthcare plan for millions who got thrown off employer coverage yesterday:
Login to Trumphealthcareisperfect dot com
Redirect above to healthcare dot gov.
bystander.
They can all do what I’ve done in the past; pay the full COBRA premium out of pocket .
I had a low fever, hacking cough that lasted 3 weeks and an eye infection. Lost my voice too all in January. I swear I had it.
I’m sure there are a lot of people walking around the state today who had it.
Grim says:
April 1, 2020 at 1:14 pm
If anyone knows where I can get the antibody test – I would love to test my hunch.
Boom,
How with $1200 check? Eat or have healthcare? I had to do it as well but there is no way these people can afford that with zero income or severance. Obamacare is only quick and reasonable option to coordinate millions who are suffering right now.
re: where can I get the antibody test.
There is money to be made so tons of companies are making them.
https://www.finddx.org/covid-19/pipeline/?section=immunoassays#diag_tab
https://www.assaygenie.com/coronavirus-assays/
Colloidal Gold Antigen Rapid Test covid19
But I cannot find one for sale even on eBay and Alibaba, not FDA approved anyway.
https://twitter.com/adamscrabble/status/1245378516721549322?s=20
@adamscrabble
Updated NYC Covid-19 numbers. Note the cases with no underlying conditions
Replying to
@adamscrabble
Police cars revolving light NYC numbers are cooked so that “if it died, and it tested positive for Covid-19, book it”
Dr. Sucharit Bhakdi, Professor Emeritus of Medical Microbiology at the Johannes Gutenberg University Mainz,
“…the mistake is being made worldwide to report virus-related deaths as….
Adam Townsend
@adamscrabble
·
2h
(continued) soon as it is established that the virus was present at the time of death – regardless of other factors. This violates a basic principle of infectiology: only when it is certain that an agent has played a significant role in the disease or death…
Adam Townsend
@adamscrabble
·
2h
(continued) may a diagnosis be made. The Association of the Scientific Medical Societies of Germany expressly writes in its guidelines: „In addition to the cause of death, a causal chain must be stated, with the corresponding underlying disease in third place on the death…
Adam Townsend
@adamscrabble
·
2h
(continued) certificate. Occasionally, four-linked causal chains must also be stated.“ End of quote
what is medicaid for then?
Bystander says:
April 1, 2020 at 2:10 pm
Boom,
How with $1200 check? Eat or have healthcare? I had to do it as well but there is no way these people can afford that with zero income or severance. Obamacare is only quick and reasonable option to coordinate millions who are suffering right now.
Not entirely sure how many people are looking at this currently, but I’m looking at Debt Service across S&P1500 and 38% of these businesses cannot even service debt prior to the crisis without refinancing, let alone pay it. Pay close attention to said debt levels given what we’re looking at here.
Makes ya wonder….corporate debt levels were through the roof prior to COVID-19. How are companies managing this with many bringing in minimal to no revenue?
a little lol
https://babylonbee.com/news/jim-acosta-strikes-blow-against-racism-by-seeing-how-many-bats-he-can-fit-in-his-mouth
Yes caught with their pants down, companies have been juicing returns with cheap debt for the past 12 years. It is like musical chairs, the lack of income means many will be in deep trouble.
re: corporate debt levels
Yah Fed progrom 1- of 7 cash for trash investment grade U.S. companies bonds, including “In its new facility the Fed will buy IG [investment grade] corp bonds including the $1 trillion of ‘fallen angels’ IG bonds that are 1 step from being downgraded to junk bonds”
Whoops found them. 25 tests for $325.
Anybody want to buy a test at my clinic? I will be operating on the corner in a unmarked van, KASH MONEY!!! BABY!
https://www.antibodies.com/covid-19-igm-igg-rapid-test-kit-colloidal-gold-a121543
Tenants now have a precedent to not pay and evictions are illegal. When/if the economy worsens and unemployment is high what’s to make them pay? Nothing. I think the US is about to become a nation of squatters.
All these people crying for cheap housing…be careful what you ask for.
I had a low fever, hacking cough that lasted 3 weeks and an eye infection. Lost my voice too all in January.
I posted it before – I did two rounds of antibiotics with a nasty persistent cough. Stopped short of getting X-rays.
Drinking gin and tonic to get my daily quinine.
re-balancing the roller coaster folks.
https://twitter.com/elerianm/status/1245404640994144256
I have a vacancy in Florida, with the current rules changing daily , unless it’s a solid credit score, I’m inclined to let it sit and see what shakes out. We will see who pays on Friday this week
Grim, it seems a lot of people in this area had a severe flu like illness in Jan-Feb that wasn’t the flu. Either it was COVID or some other yet identified severe bug kicking around NYC, many people had something severe with a respiratory component and usually severe body ache, low fever although when I had it the fever spiked to about 103 when the symptoms were at there worst. It would be nice if it was COVID, at least then we could leave our homes. I also would not trust an antibody test from the internet, it would probably be made in China and be faulty!
Deadconomy, Tenants have had plenty of ways to not pay and not be evicted, this is nothing new. Practically speaking in a pandemic there can be no eviction proceedings anyway hence no evictions for non-payment. Being a landlord sucks if your tenants do not want to live up to the terms of your agreement(all too often the case).
Yeah I didn’t test positive, nor did my wife or the little guy.
My daughter had the flu twice – once positive swab the other not.
https://newjerseyglobe.com/governor/njpp-calls-for-tax-hikes-amid-covid-crisis/
NJPP calls for tax hikes amid COVID crisis
Progressive group wants taxes on wealthy to fill budget holes
By Nikita Biryukov, March 31 2020 12:27 pm
A progressive think tank renewed its call for a slew of tax increases in the wake of the COVID-19 crisis upending New Jersey’s economy.
NJ Policy Perspective called on lawmakers and Gov. Phil Murphy to create new tax brackets for those making between $250,000 and reversing changes made to the estate and sales taxes under former Gov. Chris Christie.
“New Jersey does not have the resources to weather an economic downturn right now,” NJPP senior policy analyst Sheila Reynertson said. “That is a direct result of tax cuts given to wealthy families and big corporations that have drained New Jersey’s budget coffers. If state lawmakers want to avoid brutal cuts to public services and programs that families rely on, especially during times of crisis, they must raise new revenue.”
The proposals in the NJPP report are little different from ones a progressive coalition that includes the think tank called for in February.
Budget negotiations are in disarray amid the progression of an international pandemic that has left almost 200 dead and more than 16,000 sickened in New jersey.
I powered through and still went to AC for a few days. Partied it right out of my system.
Grim says:
April 1, 2020 at 2:50 pm
I had a low fever, hacking cough that lasted 3 weeks and an eye infection. Lost my voice too all in January.
I posted it before – I did two rounds of antibiotics with a nasty persistent cough. Stopped short of getting X-rays.
Jcer, I just believe that nothing is free and everything has a cost. People not paying rent at this current rate will have severe repercussions on the economy. Basically writing a death sentence to your future self in terms of finding a job as those non rent payments trickle through the economy slowly destroying it.
The antibody will show up in doctors offices is this one is being distributed by Henry Schein in the USA and it’s the same one the Brits ordered as well, it’s now FDA approved.
Standard Q COVID-19 IgM/IgG Rapid Test
Made in Korea they are ramping up to daily output to more than a million test kits.
https://www.nst.com.my/world/world/2020/03/578778/coronavirus-test-kits-pour-south-korean-production-line
Jesus, the progressives are trying to use this crisis to raise taxes on individuals. What POS’s!! These people are slime of the worst sort.
Eddie.
Those 6,000,000 cases will show up at the same time as the Russian collusion, kavanaugh corroborating evidence and the impeachable offenses.
The models the POTUS based his decisions on are a hoax? Are the hospitals in North Jersey turning people away because this is a hoax? Are the refrigerated trucks for the dead bodies a hoax?
F’ingNitwitHopeless says:
April 1, 2020 at 3:39 pm
Eddie.
Those 6,000,000 cases will show up at the same time as the Russian collusion, kavanaugh corroborating evidence and the impeachable offenses.
Hey you were the one championing a pointless impeachment endeavor when the biggest outbreak of the past 50 years was emerging — completely gridlocking our government for a few months. Look yourself in the mirror.
Top hospital executive in Buffalo is fired for suggesting Trump supporters should infect each other with coronavirus and ‘pledge to give up their ventilators:
https://www.dailymail.co.uk/news/article-8172009/Hospital-exec-fired-suggesting-Trump-supporters-infect-coronavirus.html
D,
Not expert but how about the numerous red states that refused Medicaid expansion bc it was a black man’s socialsit agenda? What about people losing their doctors? You would have to force alot of crap through..or open up exchanges again and subdize it all.
F’ingNitwitHopeless,
Trump was unable to govern while the impeachment was going on? Too much going on for him to be able to do his job? This is supposed to sound plausible? That only furthers the argument that he is incapable.
Personally I’m beyond annoyed that the Fed thinks they have to keep bailing everyone out. This time the problem might be too big for them to fix. If the majority of “investors” needed leverage to get yield then they must know that leverage comes with risk. Now that the risk has been realized they should be allowed to fail so the prudent investors can pick up bargains – the way it’s always been. These bail outs are stealing opportunities from prudent risk takers.
Thankfully, he wasn’t so distracted by that very trying time period in his life that he couldn’t still golf.
https://trumpgolfcount.com/displayoutings
3:54 I have one of those funhouse mirrors that makes my junk look really big.
I find u freeeeeky fakeNewz :
https://youtu.be/8Uee_mcxvrw
ExEssex
Is the mirror on a wall, floor, or ceiling?
5:31 all three – I roll like dat. Who’s up for golf!?
Wisdom: https://youtu.be/MVL4wKnpx2U
ExEssex
Impressive
Gary I’ll buy you another drink at Grims Hooch Parlor, if you actually read the Muller report.
Interesting graphics from NY, once you get 2 hrs north, with no kids in the colleges.
https://www.syracuse.com/coronavirus-ny/
Is this what greatness looks like Gary?
I wonder what speed Saint Ronnie is spinning in his grave?
https://www.defenseone.com/politics/2020/04/russian-cargo-plane-medical-supplies-lands-new-york/164293/
Neither Orange Hoover or Sleepy Joe or the party they represent will do anything worthwhile. Is like asking Horse Buggy Cab driver in 1890 about the Space Shuttle in 1990.
We are at one of those generational/societal change point, regardless of whether you follow the Strauss-Howell Generational Theory or not. What was does not work anymore, something new will arise.
The right/left sniping here shows the view of the parking light that are on, when was needed is not just high beams, but 4×4 level roof forward lamps. Little by little you will the old ways crumbling.
In the next 2 months as corporate America reports to Wall Street you will see some tru damage. By the summer, you are going to see lots of small rural hospital failures, along with the well known insurance companies getting out of Medicare Advantage/Supplemental, Medicaid and ObamaCare, sticking with big business policies. Large chunk of the country will have no coverage. By this time 2022, most of the big Health Insurance Cos will be broke on hanging by a thread.
What is needed is big restructuring at multiple levels. But not allowed now with too many vested interests, as those interests fail, opportunity for change will occur.
Remember when Chinese paramount leader Xi Jinping closed the doors to the Middle Kingdom to all foreigners, and America’s liberal opinionmakers erupted with accusations of racism and xenophobia?
Me neither, but it happened: No more foreign devils!
China banned foreign visitors entirely, effective 12:01 am Saturday. For now, the Western finance bros and consultant types who profited from business with the totalitarian regime can’t go kowtow at the Forbidden City. And maybe we should thank Xi, for taking the key step toward disentangling our economy from China’s.
For decades, the United States and other Western powers traded our industrial strength and technology for access to China’s burgeoning markets and cheap consumer goods. Wall Street and a few large firms enjoyed this arrangement, as did American princelings like Hunter Biden, who until October sat on the board of a Chinese fund whose shareholders include many Communist-state-owned enterprises.
The Westerners returned from whirlwind business trips, gushing about the spanking new airports, fast trains, obedient workers and competent bureaucrats. Now these elites, who made China a powerhouse, wait out coronavirus in their Hamptons bunkers. They should use the time to reflect on what engagement with China meant meant: global supremacy delivered to the Beijing regime on a plate, with a “thank you” note.
The Chinese term for “crisis,” weiji, contains the same character as jihui, “opportunity.” The Communist Party is seizing this opportunity by spreading lies and attempting to dominate the coronavirus narrative — from conspiracy theories about the US Army creating the virus to “Go, China!” posters in Italy.
Never mind about America trying to lead the world with the counternarrative of truth. For now, our priority should be to just stop being China’s business colony, dependent on the anti-Western children of Mao Zedong for essentials.
We must bring back production of pharmaceuticals and medical devices, while rethinking our global trade arrangements to prioritize democratic allies in East Asia and elsewhere.
This is a matter of life and death now. Over the last two months, China nationalized foreign mask producers and demanded rock-bottom prices for all medical equipment, creating a shortage in the rest of the world. The industrial conglomerate 3M, for example, saw most of its protective masks built at a factory in Shanghai bought up locally even before the outbreak, and afterward the Chinese gripped and “effectively nationalized” the firm’s capacity, as White House trade czar Peter Navarro put it. This may be a good strategy for China but our country can’t be subject to the Communist Party.
A Communist Party official newspaper recently threatened that if China withheld medical supplies, America would “sink into the hell of a novel coronavirus epidemic.” Utterances like these aren’t made without approval from the top, even if the Beijing’s envoy in Washington sounds conciliatory. Many party officials and Chinese businesspeople have friendly feelings toward the US, but not the supreme leader, Xi, and the worse he treats America, the better he looks in the eyes of his nationalist subjects.
China has been the best single country for production and offers the second largest consumer market in the world. But we foolishly put all or nearly all our eggs in one basket, a basket completely controlled by a totalitarian regime determined to make the world bend to its will.
And there are now better, friendlier alternatives: In fact, Vietnam, Malaysia and Thailand are pulling ahead of China in “total cost-factor competitiveness”; the United Arab Emirates offers great tax incentives. Developing the Americas, from Mexico to Brazil, should be another priority. This process will be painful and costly because the best factories are now all in China, but it must happen for the sake of American economic independence.
President Trump’s greatest achievement was pausing America’s slide into becoming an economic tributary state of the Chinese Communist Party. His challenge now will be resisting calls to drop tariffs, which many will argue are preventing economic recovery.
We don’t know how long the ban on foreign entrants to China will last, but we do know the Sino-American rivalry is permanent and intractable. It’s time we acted like it. Our business elites might not get to enjoy the Peninsula Shanghai or Beijing St. Regis while they grovel before Commie officials, but it’s time to stop being useful idiots.
Nels Frye writes from Boston.
Planes to Mumbai and Delhi are going to be full in two months, there will be no bench for you.
Those existing visa holders here now even have the balls to write to the Orange Julius Caesar this week to cancel the applications for another 85,000 this year and suspend the recently approved addition of 35,000 workers for the H-2B visa in hopes that they could take their positions.
On a good note I managed to save one from the job action that will be here soon a good man after five years of living the american dream he now even eats meat.
Some of you are going to have a seizure, but reality will probably look more like this then not.
https://www.washingtonpost.com/opinions/2020/04/01/column-2025-when-president-alexandria-ocasio-cortez-takes-office/
We would never allow this in the USA, we won’t even allow the cruise ships to dock./
“In total, there have been 44,550 COVID-19 cases and 3,024 deaths in France as of March 30, The Hill reported.
On March 26, the first service of France’s “medicalized” TGV train — a high-speed train that connects major French cities to each other and other European cities — transported 20 critically ill COVID-19 patients from France’s Grand Est region in the northeast to the Lore region in the west where there are more hospital beds, according to NPR. “
2.5 MILLION GUNS WERE SOLD IN MARCH – the highest sales volume in recorded history
China is at war with us, we just haven’t realized it yet.
If AOC takes over, I will leave this country.
When history is written the US will be the laughingstock of humanity from the time hominoids first stood upright on all fours.
We were vacant land – not even a fcuking flag lot – less than 400 years ago. In that time we developed into the most advanced and powerful society this frozen rock has ever seen. Bar none.
And we just gave it all away. First, our manufacturing prowess. Then, our technological prowess. And we didn’t give it to just anyone. We gave it to our openly sworn enemies. And helped them take it.
Everyone laughs at the Indians selling Manhattan for $20 in beads and trinkets. We sold our entire country, citizenry included, for cheap plastic sh1t that ends up in a landfill. Our facepalm makes those Manhattan natives look like Warren fcuking Buffet.
I don’t know the source of your quote Chi, and bankers and businessmen are always easy targets….but, this was not unforeseen, and look at the players…..Bush is openly laughing. Clinton is looking at him like he is some weird unknown species of bug stuck on a windshield. And you continue to wonder how DJT was elected…..last grasp and gasp of a drowning society as it sinks beneath the surface, equally predictable.
https://www.youtube.com/watch?v=W3LvZAZ-HV4
Your daily blood boiling wtf video
https://twitter.com/wbyeats1865/status/1245017730169724931?s=21
“If AOC takes over, I will leave this country.”
Don’t worry, that article (?) was from WaPo.
NYT and WaPo have devolved into the equivalent of MAD magazine. Nothing to fear, just laugh.
Now playing “Stacy’s Mom” by Fountains of Wayne to commemorate their bassist Adam Schlesinger 52 years old who died today fgrom covid19 complications
https://youtu.be/dZLfasMPOU4
I know a person in a land locked state that voted for DJT solely because he cares about the manufacturing jobs his family has lost and they already live in an economic depressed area so finding another job is difficult. The other side of the isle has demonstrated they don’t care about people like him or his job and accuse him of being stupid for voting for DJT. We really do need restore our manufacturing prowess. It’s a shame we don’t have enough medical equipment made here.
Anyone here ever fallen asleep in the tanning bed?
https://twitter.com/i/status/1245491124040536066
April Fool’s Day?
Your daily blood boiling wtf video
https://twitter.com/wbyeats1865/status/1245017730169724931?s=21
They already found a past mugshot of her…shes toast.
https://twitter./iamanya5/status/1244823455666597890/photo/1
Blue – chill the fact that retail has them tells it’s own story.
There is a prick from Brooklyn hoarding it too, FBI picked him up.
re: April Fool’s Day
FYI folks many caught swimming as the tide goes out. Not news to the folks here.
History Rhymes as the bit players wash out to sea.
NOW the real carnage begins, as boards NOW wake up and demand layoffs.
70 Million?
Keep plenty in the rainy day fund.
Be Well.
JB
How the f does Mohamed El-Erian have time to appear on CNBC, give insightful perspective in a Gramercy call, update his Twitter 24 times a day and walk his dog(s)… and here I am trying to wrangle a toddler and bill some hours.
Booomer – song is Damm it feels to be a gangster one you don’t really know.
https://www.youtube.com/watch?v=rL9ihXiFAko
Mohamed El-Eria got plenty of cheddar Allianz and PIMCO at least $200m million?
https://www.njtvonline.org/news/video/a-staggering-increase-in-coronavirus-cases-at-one-hospital/
Too sad to lose doctors and nurses in this fight. It is every branch of governments job to supply PPEs, masks and whatever they need at the earliest. The growth rate is still high and will remain high in the near future.
Thanks boomers, at least the Wuhan will get them
This is the best they can pitifully do
https://boston.cbslocal.com/2020/04/02/coronavirus-covid-19-new-england-patriots-plane-china-robert-kraft-massachusetts-medical-supplies-politico/
Bystander – You see the movement in oil due to the admin discussing Saudi/Russia truce talks? You think this things has legs?
I obviously expected them to work something out but this seems to be happening much quicker than I expected. I figured the Saudis/Russians would hold out longer as Covid rips thru the economy.
I wonder how the administration got their foot off the gas.
Do hospitals get reimbursed at a higher rate if a patient is diagnosed with COVID-19?
Home,
Why did they even shoot down the price of oil if this is the result? And what difference does it make now when the economy will destroy the price on its own due to lack of demand.
Home,
Why did they even shoot down the price of oil if this is the result? And what difference does it make now when the economy will destroy the price on its own due to lack of demand.
WOWWWWWWWW
6.6 million
Do hospitals get reimbursed at a higher rate if a patient is diagnosed with COVID-19?
Don’t follow, for unemployed people without insurance?
We are all on socialized single payer now.
For anyone. I’m not expert but my understanding is they put in codes when they bill the insurance company. Would a COVID-19 diagnosis pay the hospital more?
grim says:
April 2, 2020 at 8:52 am
Do hospitals get reimbursed at a higher rate if a patient is diagnosed with COVID-19?
Don’t follow, for unemployed people without insurance?
Can’t afford to pay the deductible without a job….
I guess I’m trying to understand if there would be a financial incentive to detirmine a death was due to COVID-19
https://www.akingump.com/en/experience/industries/national-security/covid-19-resource-center/cares-act-summary-health-care.html
The CARES Act temporarily suspends sequestration-mandated cuts on Medicare claims from May 1, 2020 through December 31, 2020, which will have the effect of increasing payments to providers by approximately 2 percent. In addition, the Act creates a new 20 percent add-on payment under the Medicare inpatient prospective payment system (IPPS) for care provided to patients with COVID-19 and expands a program to provide hospitals with advance Medicare payments during the public health emergency.
I wonder what they’ll consider regular and customary for Covid-19.
Article on Realtor says housing markets in tourist areas will be hit hard but than bounce back, but rest is real estate market no problem!
Heather Cox Richardson is a national treasure. Her daily letter should be essential reading for everyone.
She nails the main issue.
“If I were looking back at today from the vantage point of a hundred years from now, I would write that the government, whose systems for handling a crisis have been dismantled, is faltering badly as inexperienced officials are trying to respond to a pandemic by relying on the private sector.”
You realize that AOC will not be old enough to run? Do I have to explain the Constitution again?
10 million filed in two weeks, new records for sure.
Chart is going straight up still
https://www.nbcnews.com/business/economy/america-s-stunning-unemployment-surge-during-coronavirus-visualized-n1174801
Nursing home one town over from me has 5 dead from CoVid and 22 who have tested positive.
Jobs – 10 million job losses in 2 weeks.
46 jobs lost for every confirmed case of COVID-19
1,946 jobs lost for every confirmed COVID-19 death.
No political/medical/moral commentary. But these #’s scare the crap out of me.
It’s under control homeboken.
We’ll be back to work by Easter.
Feel better?
Obama = hope and change
Orange = dope and deranged
(not my best work)
Lib,
Trump is an optimist and cheerleader. Can’t you see it?
“Outsource workers in India and the Philippines who write computer code or staff call centers for global corporations now must work from home because of the coronavirus. The change threatens technology and outsourcing hubs that have become economic mainstays, providing huge numbers of jobs and critical foreign currency, The Wall Street Journal reports.
Their clients, including tech companies, banks, insurers, hospitals, retailers and airlines, face new complications. Extending new loans or billing for services such as health care may be more difficult as a result as outsource workers in distant places now work outside of the office.
By having programmers work from home, communications have slowed, said John Gikopoulos, global head of artificial intelligence and automation at Infosys Consulting, an arm of the Indian outsourcing giant Infosys Ltd.
“We are seeing delays,” he said. “We are seeing times of the day when the communication cannot be as seamless as required.”
Mr. Gikopoulos said 12 members of his team of data scientists were based in India supporting projects overseas. So far, no projects had been seriously disrupted or stopped, he said.“
Lib – I’ve heard you advocate, with good reason given my limited understanding of your family situation, that we are not doing enough to stop the spread. I am guessing here, but I would bet you would support a deeper and longer shut down in order to address the virus spread.
Yet above, you seem quite snarky in your view of the economic impact. How do you square those two beliefs? We can one of the three
1.Full economic shut down and very slow virus spread.
2. Full economic opening, and rampant spread
3. Something in between – which is where we are now.
What do you recommend? And don’t try to tell me that this would have all been avoided if we only did a bunch of stuff a lot sooner. That is useless commentary.
“Boeing Co. will offer voluntary buyouts to its entire staff of 161,000, in a bid to shed costs and adapt the massive manufacturer to a coronavirus crisis that could depress the aircraft market for years.
“When the world emerges from the pandemic, the size of the commercial market and the types of products and services our customers want and need will likely be different,” Chief Executive Officer David Calhoun said in a message to employees Thursday. “It’s important we start adjusting to our new reality now.””
How the f does Mohamed El-Erian have time to appear on CNBC, give insightful perspective in a Gramercy call, update his Twitter 24 times a day and walk his dog(s)… and here I am trying to wrangle a toddler and bill some hours.
Impossible to get anything done at home with a toddler. I remember when my kids were 1 and 3. I had 30 seconds of alone time per day which involved me sitting on the steps outside after taking out the trash at 8:30 pm. When my wife found out about the 30 seconds I would take every night, she got jealous.
Is she neo-nazi?
Fabius Maximus says:
April 2, 2020 at 9:20 am
Heather Cox Richardson is a national treasure. Her daily letter should be essential reading for everyone.
She nails the main issue.
“If I were looking back at today from the vantage point of a hundred years from now, I would write that the government, whose systems for handling a crisis have been dismantled, is faltering badly as inexperienced officials are trying to respond to a pandemic by relying on the private sector.”
You realize that AOC will not be old enough to run? Do I have to explain the Constitution again?
FWIW – based on market reaction……. already priced in…. although there was a bounce ready off yesterday that was dampened……
grim says:
April 2, 2020 at 8:47 am
WOWWWWWWWW
6.6 million
boken,
Yep, I saw it. I also saw Whiting Petroleum went bk..but not before execs got paid millions in bonus. One worked 8 mos. and got 2m. No one is SEC cares. Unreal. As chi said, tread carefully. Lots of bks coming so previous performance gets thrown out here.
I don’t know how it could be priced. Will 10m next, 20m by end of month? I think your other point is more accurate. Numbers don’t matter with Fed playing Oz on steroids. They are absolutely desperate to keep bottom from falling.
Short of locking up the border around lets say…Jan 1, I doubt you could have prevented the infection. This bug’s main strength is that it can travel through people showing no symptoms. It’s hit every country. They are going to be going back for years and learning of people actually dying in January because of this.
Wanna bet?
Fabius Maximus says:
April 2, 2020 at 9:20 am
You realize that AOC will not be old enough to run? Do I have to explain the Constitution again?
1.Full economic shut down and very slow virus spread.
2. Full economic opening, and rampant spread
3. Something in between – which is where we are now.
Homeboken,
Yes, I would have handled this differently so we wouldn’t be where we are now. With THAT out of the way, your question is a good one and I will try to answer it to the best of my ability.
Currently, the overload on our system is mainly in the tri-state area. My research tells me that population has less to do with the spread than most think because we are doing much less to stop the spread than we should be doing (and less than most countries are doing). Already, hospitals are overloaded in NY and NJ and we will be diverting infected to Pennsylvania hospitals within days. Those healthcare workers will be bringing the virus home to their families who will spread it to their neighbors at the supermarkets and takeout joints. Throw in air travel and people escaping their primary homes to hide out in their vacation homes and you can see how we are doing nothing to slow this thing down significantly enough to reduce the impact on hospitals. Once our hospitals are full, the death rate is going to explode upwards. Heck, D’s 6-month cancer MRI scan has now been cancelled. My sister’s partner just found out he has Leukemia and they need to delay his start of treatment. Now think of all of those who require dialysis who will now have to share machine time with the infected who require it once their kidneys fail (this is super common for those on the vents). And this is just a few examples. How many people who suffer chest pain are going to go to a hospital when merely waiting in line to get in will most likely expose you to the virus. What will the impact be on all of the therapies that are currently canceled?
So what do I propose? Seal the borders. End all air travel and public transit. A 100% iron-clad quarantine for the entire population. We test all military, fire, rescue and police and turn them into food delivery for those who run out. Learn how to make bread and make do with rations if you run out. No more fancy sh1t for the sake of the country. After 4 weeks, the spread will have stopped. Of course, we will have to test and quarantine all healthcare and emergency workers at this point. Flair ups will be handled with contact tracing and other methods that are working across Asia. We will quickly be able to return to where we were before.
Four weeks of draconian lock down will save the country and our economy. I will argue with you till I am blue in the face, that slowly letting this nightmare spread across the country will do way, way, way more damage to the economy then closing the country completely for one month. Let me ask you this? What is more likely to survive? A job where everyone has to endure a paycut equal to 1/12th their annual salary? Or a company that has to endure their revenue stream cut down by 50% (or likely much more) for the next 4 months and probably much longer if we continue to practice minimal spread suppression?
Then we keep our borders closed until this flu runs the course of the planet. Isn’t that What Trump wanted all along anyway?
This dumbass $1200 payment is the opposite of what we should be doing. It’s nearly as dumb as everyone running into ShopRite to horde after the virus was already running through the population.
And my national debit card to be used only on groceries, was a great idea.
Wow, I thought they would go bankrupt by the summer, not now..
https://www.nj.com/coronavirus/2020/04/nj-hospital-execs-take-pay-cuts-furlough-workers-due-to-coronavirus-financial-crunch.html
Lib,
But I am out of coffee creamer.
Bystander
I got me a 4 pack of powdered coffeemate on amazon a month ago.
Also coconut oil can be used as a substitute 1 for 1 in baking for butter and shortening. Refined coconut is flavorless.
Libturd
Will they deliver fries and kombucha? Otherwise your plan will not work
Georgia governor claims we didn’t know asymptomatic people could spread the virus until yesterday.
https://www.yahoo.com/news/didn-t-know-until-last-122146774.html
For laughs do an internet search for “21 million chinese cell phones”.
China now has 21 million fewer cell phone accounts then it did in December.
“Will they deliver fries and kombucha?”
And that is exactly the problem. I’ll take some government cheese and 1/4 pound of ground beef with my parents over gouda, a strip steak and their ashes on the mantle. But that’s just me.
Libturd.. good insights. I lurk and jump in on rare ocassion. You and a few others make me want to hang on this blog… while Freddy and Blue Ribbon Teacher disgust me.
Grim.. thanks for reopening the blog.
Been on and off here for 10 years
21M, I heard about 8M less subscription from China Telecom, but I’d suspect 60-70% of them income losses, but there is a lot to tell about the real numbers, not 3K.
As for GA governor lying publicly, this cannot be continued in this day and age where all things are recorded, will be played back in next elections and such. The bullshitting politicians will have a hard time to get away after this. That applies for R’s and D’s but mostly R’s.
Mail by vote will also change the dynamics. This would be in the right direction.
School Daze:
https://www.washingtonpost.com/education/2020/04/02/many-public-schools-never-recovered-great-recession-coronavirus-could-spark-new-education-crisis/
Homer,
Gotta disagree. As long as the masses are party sucking zombies, the lies will never end.
Easter. I’m still laughing.
“It is not much of a stretch to say that this virus has changed everything. Many of you may sense that the virus has undermined what you thought was still a fairly strong housing market around the country.
In truth, the so-called housing recovery since 2010 has been little more than a carefully constructed illusion. The belief in a strong housing recovery was carefully devised using a strategy of misleading information, withheld data and false impressions.
As I have explained in recent columns, the strategy to turn around collapsing housing markets unfolded in three parts: (1) restrict the number of foreclosed properties placed on the market; (2) radically reduce the number of seriously delinquent homes actually foreclosed and repossessed, and (3) provide millions of delinquent homeowners a mortgage modification as an alternative to foreclosure. This strategy fooled nearly everyone into believing that the disaster has been overcome.
The best example is Los Angeles County — ground zero for the collapse. In 2008, more than 37,000 properties were foreclosed. The plunge in foreclosures didn’t really kick in until 2012 when the number dropped to slightly over 10,000. The next year, foreclosures plunged to 3,340. Don’t think for a minute that this was due to an improving economy. Not at all. It was simply the strategy of desperate servicers. With so few properties foreclosed and even fewer placed on the market, home prices had no where to go but up.”
Lib – Your suggestion would work to stop the spread. Covid-19 deaths would drop majorly.
But poverty, unemployment and economic contraction would blossom. Poverty and crime would spike. The associated deaths caused by having zero economic growth for a year would kill far more people, IMHO. We wouldn’t call them Covid-19 deaths but the combination of Covid-19 and a national lock down would 100% be the cause of death.
Again – I am not being contentious, I am just trying to get the insights of anonymous internet friends that I happen to respect their world-view. The job of stopping the virus and not killing the economy is a Herculean task, I don’t agree with folks saying it’s as easy just shutting it all down and then opening back up in 4 weeks. Life is rarely binary like that.
When investing in Chinese companies, this example is all you need….
https://finance.yahoo.com/quote/LK?p=LK&.tsrc=fin-srch
Homeboken. Much respect. Though I disagree with ya. Let me know when you think we can go back to work non-remotely? Both for us and for the rest of the country. My sister lives in Mason, Ohio. Was on the phone with her yesterday. There have been three cases in her county. In mine, 2,413.
This woman is a scientist at a plant based protein company. Some time ago, she posted a series of tweets talking about the math of COVID 19 and she was very accurate. Her feed has a lot of interesting information including a couple of articles from Scientific American which talk about the horror of institutional protein farming. Apparently there is work underway to grow beef in a lab environment.
https://twitter.com/LizSpecht
Homeboken, some retailers already boarding up their windows just in case.
Libturd.. good insights. I lurk and jump in on rare ocassion. You and a few others make me want to hang on this blog… while Freddy and Blue Ribbon Teacher disgust me.
Grim.. thanks for reopening the blog.
Been on and off here for 10 years
lol, care to explain?
1:37 maybe they didn’t like science.
Who is Freddy?
Ugh. I meant to say Fast Eddy, not Freddy. I just skip the teacher’s comments. Fast Eddy’s I just skim. Glad he knows someone who got the virus.. maybe he will be less of a Trumper now.
Glad he knows someone who got the virus.. maybe he will be less of a Trumper now.
That would be my cousin, who’s still in ICU and on a ventilator. He’s a doctor, in Queens, was helping people when he got sick. It’s nice to know your side, like those hospital Administrators in Buffalo, are wishing death to any of those supporting Trump. You’re a piece of shit.
When this is all over we are going to be trading bat futures and rhino horn on the CME.
Nomad, factory farming is a real problem but in the context of SARS-CoV2 it was not the cause and realistically the production practices and automation make zoonotic infection of people a less likely. Farm animals in close proximity to people or worse in close proximity to wild animals is a problem. Most of the most severe infections come from eating things people have been advised against eating. Don’t eat bats or monkeys/apes we know it is inherently unsafe, among farmed animals pigs are most problematic. People in animal processing are most at risk from factory farming and it is my belief that they would be well contained based on where animal processing occurs and the number of people involved. It also helps that most times farmed animals are typically not asymptomatic carriers of disease and they are monitored cradle to grave, typically sick flocks of animals are euthanized. We should definitely take science based approaches to ensure the safety of our food supply but I also take anything a scientist for a plant based food company says with a big grain of salt.
That Liz Specht seems interesting. I do hate the concept of factory farming. Another thing I love about CR is that do not allow it. Meat is more expensive and more gamey and even less tender for sure. But it’s way healthier and leaner. The cows down there are skinny.
https://www1.nyc.gov/assets/doh/downloads/pdf/imm/covid-19-daily-data-summary.pdf
https://www1.nyc.gov/assets/doh/downloads/pdf/imm/covid-19-daily-data-summary-deaths.pdf
Rent Lord – You say you were a lurker here for years – If that’s true, you would know that extreme positions, such as wishing death to those that disagree with you, is not a common practice around here. This isn’t Reddit.
Perhaps you should go back to lurking. I doubt you will have anything worthwhile to offer this group with disgusting comments like that.
Lib realistically in some way or another factory farming needs to exist to provide the quantity of meat the market demands. That being said it needs to be reformed, the big ag companies have run a very successful lobbying campaign and have suppressed the whistler blowers and have limited visibility into how they operate successfully.
The factory farming processors also put incredible burdens on the farmers themselves, it can be feast or famine for a poultry farmer and they are taking all of the risk. If you don’t know how the arrangement works conglomerates like Tyson and Purdue enter into a contract with a farmer who buys the chicken embryos, and basically follows a process set forth by the processor who agrees to buy the finished product. If the flock gets sick and needs to be euthanized it’s the farmer who eats all the cost of the embryos and the feed. The margins are razor thin so best case is penny’s per bird, so they need to do volume, and if something goes wrong in each cycle there is a chance for bankruptcy. Most of these farmers are also levered as it is capital intensive between the land required, the buildings, automation, feed, etc.
Sounds like you’ve assumed the moral high ground
Shocking disgusting comments Eddie. I hope your Cousin recovers. The comment though is reflective though of many on the left, who claim to love and care about their fellow man. They are a bunch of hypocrites.
Real Estate question why would someone transfer their house out of their names to another couple who are not family members, than transfer it back after one year?
3b no they’re not They are taxpayers that expect something more for their taxes than a kick in the teeth and another corporate bailout. Stick to what / who you know. The Retawwwds you are familiar.
Can we TRY to get away from the lame partisan stuff.
“They are a bunch of hypocrites.”
“maybe he will be less of a Trumper now.”
At least try to be funny. Honestly, the gross generalizations make whomever makes them look idiotic. As do the shallow deceptions. We are smarter than that here. I hope?
“I guess I’m trying to understand if there would be a financial incentive to detirmine a death was due to COVID-19”
There is none. Medicare will pay 20% more on cases that had Covid but preliminarily that is not near enough based on the types of encounters these are (long ICU stays).
But that is irrelevant to the cause of death which does not end up on a hospital claim. Cause of death is noted on a death certificate.
Ex You prove my point exactly. If we don’t tow the line and follow what the left says then we are accused of being Trump supporters, of course myself and many thousands of others never voted for the man, and stayed home on Election Day 2016.
As for bailouts Obama did the same were you Ok with that? Your side the left are supposed to be the sophisticated educated informed side, and yet you and other proud leftists resort to name calling and disparage people because they disagree. And as for taxpayers as I understand it, you have not worked in years but are a kept man out there on the west coast.
Lib Sorry. I will refrain going forward, but remember I said many , and not all.
There’s a difference between wishing someone death – which I was not, and knowing someone who is dying. Get a grip Fast Eddie.. it’s nothing compared to all the vitriol you throw up all the time.
And I hope your cousin gets through this fine. If he doesn’t, you know who’s to blame – your dear leader.
“homeboken says:
Jobs – 10 million job losses in 2 weeks…
1,946 jobs lost for every confirmed COVID-19 death.”
Solid post.
I was going to follow up that with median income of $45K with a bunch of assumptions on length of unemployment, how many patients would die regardless of lockdowns, etc. in any universe you’re well over $2m per life.
Rather than go there, since everyone will spend the government’s (our collective) money to “prevent even one death”, I thought let’s just use real numbers.
My town has 10,000 residents, and an LTC and an ALC facility.
Rather than put a monetary figure on it, let’s gather the town on the HS baseball field. Pull just ten 80+ year old residents from those facilities on the lawn. Then ‘auction’ them off….which 2,000 residents will give up one year of working right now, with all the ramifications to your family, so that grandma here can live another couple years or so? Takers? C’mon guys, I need more hands than that…it’s only a quarter of the town!
I don’t have any answers, and not even really a position. I do know that blindly supporting two fallacies – “even one unnecessary death is too many” and “you can’t put a cost on human life” – is uninformed and inaccurate. Every single day in many aspects of our pre-covid lives we did both.
3:29 staaaawp.
Left wing
More than 1/4 of the people on ventilators are under 50 with no pre existing conditions. And treating a surge in covid cases means worse care for people having strokes, heart attacks, appendicitis and all the other normal potentially life threatening illnesses
NY emergency services are no longer bringing in people who have flatlined and can’t be revived into hospitals. They leave there bodies wherever they are and call nypd to pick them up. When NYC hospitalizations have doubled or tripled next week, what cases and conditions will be added so more patients will left to die at home? Also over 1/4 of nyc paramedics have corona.
And if the government has ramped up testing in January and established protocols for quarantines and tracing down and testing close contacts for positive cases like Korea did, we wouldn’t be in this situation. And yes korea has 1/5 our population but the us is wealthier and should have been able to easily to the same.
Instead the right was calling it a cold and the left was calling the steps trump took racist and wanted schools to be left open for free lunch and a source of daycare. So both sides are to blame for the state we are in.
HMB – I think you may be accidentally making Leftwing’s point –
EMT’s aren’t bringing cardiac patients or other urgent care cases to the hospital…they are leaving bodies wherever…
So the EMT, the doctor, the cops – someone is deciding or decided which life is worth saving. Per your post, they clearly are prioritizing the COVID patient. Everyone else, tough luck.
So it’s OK for the medical community to prioritize life but the rest of us should just show some more compassion? Seems like cloudy logic.
re “And if the government has ramped up testing in January”.
You people are nuts, the Chinese did not ramp up testing in Wuhan until February.
“BGI Sequencer, Coronavirus Molecular Assays Granted Emergency Use Approval in China
Jan 29, 2020 | staff reporter
NEW YORK – BGI and its subsidiary MGI Tech said this week that their ultra-high-throughput sequencer DNBSEQ-T7, a metagenomic sequencing kit for coronaviruses, and 2019 novel coronavirus (2019-nCoV) reverse transcription PCR kit have all received emergency use approval from China’s National Medical Products Administration.”
How dare you bring math to an emotional discussion ?!?
leftwing says:
April 2, 2020 at 4:23 pm
“homeboken says:
Jobs – 10 million job losses in 2 weeks…
1,946 jobs lost for every confirmed COVID-19 death.”
Solid post.
Juice box
Korea and the US both had their first positive test in Jan 20th. By March 1st korea has tested over 140,000 people we tested 1,500. Korea traced contacts and quarantined. We are now getting more positive tests a day than korea has had since Jan 20th. Korea aggressively sought to contain it. We denied or called measures to slow it down racist
Lib, good post.
Long term, for your type of lockdown to be successful, we need an answer to whether this virus inevitably spreads to the entire population or not (ie, by isolation are we just trying to flatten the curve or is that a valid pathway for eradication). Seems the opinions of the most informed are it is inevitable that it spreads, other countries’ experiences say maybe not. Need an answer to that fundamental question.
Also, in that vein, I think we need to know whether once infected one can become reinfected, whether this virus will like its ‘relatives’ the cold and flu resurface in Nov, and whether it can morph slightly like the normal flu. These items likewise dictate long term if we are looking at inevitable nationwide exposure.
If the answer is that eventually everyone will become exposed/infected then there is only one rationale I can see for your measures.
Buy time short term for a therapeutic. There will be a therapeutic (not vaccine) soon. It would make all the sense in the world to me to temporarily halt the spread through the herd so that the healthcare edifice can catch up. Not only for a therapeutic, but even to buy time to manufacture more PPE, etc.
Otherwise, if it is going to make its way through the population any lock down is relatively futile and open ended….
Teacher’s union escalates fight with de Blasio over NYC school closures amid coronavirus
March 14, 2020 | 10:16pm
“The mayor is recklessly putting the health of our students, their families and school staff in jeopardy by refusing to close public schools. We have a small window of time to contain the coronavirus before it penetrates into our communities and overwhelms our health care system’s capacity to safely care for all the New Yorkers who may become gravely ill,” he continued.
Both sides are to blame people.
Wake UP
“My sister lives in Mason, Ohio. Was on the phone with her yesterday. There have been three cases in her county. In mine, 2,413.”
Despite the status of NY and FL, the disease is very much centered around population centers (density) and mobility. NYC metro and Dade are red hot. As of yesterday NYS still had one county with none and several in the single digits. FL as of Tues still had seven counties with none, many single digits.
Ouch I survived the furlough…
Those getting furloughed will get two weeks further pay, they are predicting a return to work in one month.
Lib,
You ever try the beef at trader joe, from New Zealand. A bit gamey but not all the crap in it.
Good news from Battelle as they are getting their N95 mask sterilizer into the market. Stony brook has one. The thing is the size of a 20 ft container and can sterilize 80,000 masks a day. Once this all settles out, they make make a smaller version. Hospitals generate a ton of hazmat so this thing has other benefits. Take a look at this bad boy. Apparently they are looking at other applications such as vent tubes.
https://www.newsday.com/news/health/coronavirus/decontamination-1.43591510
Battelle is crushing it. They have a rapid covid 19 test.
https://www.nsmedicaldevices.com/news/battelle-covid-19-test/
Flattening the curve is so that the healthcare system does not get overwhelmed. It doesn’t stop the virus from spreading across the population it just drags it out further. A lockdown of a month doesn’t end the virus it flattens the curve. What we must do during the month is prepare for months end so that we can go back to work. That means surveillance, rapid testing and isolation of positives. Increased cleaning and sanitation of public places and workspaces. Masks need to be made available and people need to be encouraged to wear them in populated areas. I haven’t been out in a while but my friends tell me maybe 1 to 2 out of 10 people are wearing masks. That blows my mind. We are Wuhan West and people just shop at stores with no protection whatsoever. I guess there’s a bunch of people like the governor of Georgia who don’t realize you can be positive with no symptoms. Its the reason why I have near zero faith we will be ready in a month to move forward.
Dink No masks available.
I was in Shoprite in Rochelle Park at 5AM today. Virtually every shopper was wearing a mask and gloves. Of course these were people who chose to shop at 5 in the morning to avoid crowds too.
Yea, I understand which is why I would hope we are mass producing them this month. Also, you can wear homemade masks, bandanas, t-shirts around your face. Anything is better than nothing. Go on Etsy and there’s plenty of homemade masks you can buy at quite a premium. They’ll sell out quickly though once the belated guidance comes from the government.
South Korea is the size of Indiana, has dealt with SARS and is culturally amenable to what was done….. the U.S. is homogeneous in custom, culture, thought, density, geography, climate and is preoccupied with menial stuff such as terrorism et al…… come on…… how would Seoul react to a someone blowing up their central train station?
Hold my beer says:
April 2, 2020 at 5:12 pm
Juice box
Korea and the US both had their first positive test in Jan 20th. By March 1st korea has tested over 140,000 people we tested 1,500. Korea traced contacts and quarantined. We are now getting more positive tests a day than korea has had since Jan 20th. Korea aggressively sought to contain it. We denied or called measures to slow it down racist
“More than 1/4 of the people on ventilators are under 50 with no pre existing conditions….”
Don’t think so? Joyce just posted some NYC data (TY!) showing that of all the deaths so far where the status of pre-existing conditions are known 98.2% had co-morbidities. Given once you go on a vent overwhelmingly you don’t come off alive someone’s data is wrong…
“Instead the right was calling it a cold and the left was calling the steps trump took racist and wanted schools to be left open for free lunch and a source of daycare. So both sides are to blame for the state we are in.”
Not picking sides, I’ve steadfastly avoided supporting either party or getting involved in the DJT/TDS volleyball game. I’m on record here for literally the last decade believing both parties are incompetent and self-serving, the Orange man is a fool and charlatan, and the other side has chosen someone (likely twice now) as a candidate from the very small pool of people unable to beat Orange.
I’ll pop up when the data and logic, left or right, is so mangled it just can’t be ignored…
Disney to furlough 177,000 in three weeks.
Shocker?
leftwing, the media focus is on people between age 25-50 without co-morbidities dying. What the overall data looks like isn’t clear to me but the narrative is that it is an indiscriminate killer almost at random. What I’ve heard about the ventilators are that about 50% get off and 50% die. The fact that our idiot leaders spend trillions on national defense but in the event of an actual war our supply lines literally depend on our enemy thousands of miles away is really telling. If we cannot produce masks, and basic drugs in huge numbers what the f would we do in a war? The US should know this best of anyone, we would have lost WWII if Germany had sufficient energy sources and manufacturing, they couldn’t make enough tanks to keep their troops on the line.
Note about Korea not only is it much smaller, homogeneous but they were also much more prepared. The other thing is they have been aggressively treating with Chloroquine. Personally it strikes me Remdesivir can keep people from ARDS if administered early but what we do is tell people don’t come to the hospital until you can’t breath than we will treat you, drugs need to be administered much sooner. People should start taking HCL once bad symptoms start to appear anything more than 2-3 days of severe symptoms that are not improving should be treated before the respiratory component even shows up. With any luck a reduction in the viral load would prevent the cytokine storm that kills healthy people. Once we get enough of a supply of Remdesivir and prove it’s safety it should be used more often, from what I can see they give it to people on deaths door and more than a few recover.
One of the most annoying things about the media is how inaccurate almost every article is. I’ve seen articles calling Gilead’s drug Remdesivir a malaria drug. I keep seeing article’s saying HCL is unproven and there is no reason to think it will work. First we have in-vitro testing and the fact that is part of the protocol in Korea who is having the most success treating this. The other thing is all of these countries are trying Chloroquine because in 2003 after the SARS outbreaks our NIH started studying it, we know from a study released in 2005 that in animal tests it was an effective treatment for SARS-CoV which has a very similar mechanism of action and is closely related to SARS-CoV2. So it isn’t like the orange moron invented this idea, some very smart people know there likely is an antiviral effect the drug will have. How effectively it inhibits the virus remains to be seen, but we in-vitro there is a marked reduction in viral load. People should remember democratic politicians were withholding access to something that potentially could save lives and for the most part the democratic majority states have been hit the hardest.
The government is irredeemable as I’ve said before and the “left” and the “right” are almost the same they bicker, never accomplish anything and waste a tremendous amount of resources. Our future is Italy in more ways than 1.
Forget residential sales going down, people are desperate to sell their business…. This isn’t good..
https://www.zillow.com/homedetails/525-Riverside-Ave-Lyndhurst-NJ-07071/2080224142_zpid/
Even during good times that looks like a loser of a business, sorry to say. The facility is ready for overhaul and the location leaves something to be desired as well, considering you are getting little in the way of hard assets even at 200k it’s a bad deal.
I’d rather have a crummy house than that business at least I could sit on the house where with the business I’m literally buying liabilities predicated on it returning to form whenever this crisis ends.
Agree, but this highlights how bad the small business situation is…
yes they literally have negative value right now, all liabilities and no cashflow….. At this point hand the keys over to someone or attempt to recover yourself after the crisis your business is worth 0 right now.
Went to Target for a quick pick up. N95 mask (that I purchased a while ago for a house project), latex gloves. I felt weird because not a single soul in Target had any gloves or mask. I did the self-checkout.. used my knuckles not the fingers. In and out in about 12 minutes. Wiped my gloves then wiped the box I purchased using chlorox before putting it in the van. Then shed the gloves using the typical lab protocol in the trash. Used hand sanitizer on my bare hands, before entering the vehicle.
Got home and placed the purchase on a folding table that we set aside in the garage. Wiped it down again.
This is my first visit to the store in about 3 weeks.
I feel like my wife and I are the only paranoid folks in central NJ. My 3 kids think so too as well :-(
JCer, pretty much agree with everything…
Only thing at 7:02 is check the 50% coming off vents…seem to recall Cuomo (whose data I trust) saying at his presser that it’s 20% or less…
On patient age, reposting Joyce’s link on NYC deaths through today. It is crazy clear, this virus segregates on age and co-morbidities…If you are young and healthy – hell, old and healthy – don’t worry. As many have mentioned here (and one CEO on CNBC today) they likely went through the disease and cleared it weeks ago…
Data may not be perfect, but the sample size is the largest we have,,,
https://www1.nyc.gov/assets/doh/downloads/pdf/imm/covid-19-daily-data-summary-deaths.pdf
You know, if a crisis like this can’t allow us to sort through our difference of opinions and realize we should all be on the same team, nothing ever will. I do not dislike someone because their political opinions or ideologies differ from me. More than half of my family and friends fall into that category.
Blue Ribbon – I agree with you that we can all bring down the rhetoric a bit.
If I was worried (informed citizen) in late jan / early feb – when I saw what was going on in Wuhan, and then when italy had its first 10 cases, i don’t see the govt could miss it…
glad i stocked up on everything pre panic.
what about Obama?
https://youtu.be/4bFhYvADjl4?t=248
Blue Ribbon Teacher says:
April 2, 2020 at 7:49 pm
You know, if a crisis like this can’t allow us to sort through our difference of opinions and realize we should all be on the same team, nothing ever will. I do not dislike someone because their political opinions or ideologies differ from me. More than half of my family and friends fall into that category.
Mike.
I was flying on Jan and Feb and I was using a surgeon mask most of the time. Knew the Wuhan situation and didn’t want to catch anything from another passenger in full metal containers. Government, especially Fed should have been better prepared.
Four major hurricanes predicted this year.
If the Covid doesn’t end Florida, the evacuation to evacuation Covid centers might on a direct hit.
Is Rentlord pumpkin’s new name?
I doubt he is happy with his renters.
BRT, I wish I could grow things like you do. I’ve got 4 acres, but it’s not flat and mostly wooded. Trees keep in dying so maybe in a few more years I’ll at least have more sunny land. I’m more of a free trader than you, but depending upon a malevolent authoritarian collectivist country as a core supplier is nuts. Probably good to learn this now instead of finding ourselves helpless during some future war with them.
So on April 3rd all the politicians stated emergency loans from the SBA Banks become available. Debozo said go online 8am sharp and enter your application. As of 11 pm right now all the banks are stating they will not meet the April 3rd deadline, give us your name and email and we will get back to you.
Walking,
Don’t worry bud, checks in the mail! I promise.
Boomer, looks like when the treasury capped the rate of the loans to .05%(from 4%) with no origination fees, banks lost interest in participating in the program. Getting the loan forgiven is the bonus of going through the trouble to apply for it.
Walking,
You may find this relevant:
h–s://www.reddit.com/r/smallbusiness/comments/ftw4fm/sba_should_be_held_accountable_for_direct/
So on April 3rd all the politicians stated emergency loans from the SBA Banks become available. Debozo said go online 8am sharp and enter your application. As of 11 pm right now all the banks are stating they will not meet the April 3rd deadline, give us your name and email and we will get back to you.
Clear that the money is already earmarked to go to specific companies, seems that no typical SBA lender is going to be taking PPP program applications today.
Kind of like that 401k baby withdrawal thing I was ticked off about. Put into law last year. By the way, it’s still not available to anyone, not a penny was ever paid out. Probably never will.
What was the point? Purely for political clout.
My business bank outright told me on the phone yesterday to not come to a branch to attempt to file the loan application. They would not be taking them in the branch, and didn’t know when they would anyway.
Stocks are cheap, correct?
Just like they didn’t take the virus seriously, they are not taking this economic crash seriously. The stock market is completely out of touch with what’s going on. Not surprising, greed is a hell of a drug. Everyone and their mother taking every penny they have and buying cheapies.
Funny part, I ask to provide evidence of why it is exactly cheap right now…crickets. Not one person has given me evidence as to why it is exactly cheap right now. It’s cheap, but you can’t explain to me why. Got it. Buy the dip!! Easy money. Yet, I’ve learned long ago, no such thing as easy money.
Treasury isn’t wasting anytime bailing our the retired boomers. They will get their money starting April 17th via the direct deposit for their Social Security checks.
Rookie move really, the money should be deposited in the three payments dates in October right before the election.
SS Benefits paid Monthly based on Birth date
Second Wednesday 1st – 10th
Third Wednesday 11th – 20th
Fourth Wednesday 21st – 31st
https://www.ssa.gov/pubs/EN-05-10031-2020.pdf
Buy the dip?
10 million layoffs so far and we are just getting warmed up every economic indicator out there is going to tank, and now we find out that 300 Billion going to small business well good luck with that. So that visceral gut feeling to jump in?
Folks History Rhymes and it teaches us the next bailout has to be much much bigger than the last.
So that visceral gut feeling to jump in? I am starving mine for now.
Amazing how the soc*ialists have now pivoted to become lib*ertarians.
https://www.amnesty.org/download/Documents/POL3020812020ENGLISH.pdf
BTW if we are not back to work by May?
Even the vampire squid has been way off in their layoff projections.
https://www.epi.org/blog/nearly-20-million-jobs-lost-by-july-due-to-the-coronavirus/
NEJM – just penned an opinion piece they say we need a 10 week lock-down to “crush” covid19 aka welding people into their homes.
https://www.washingtontimes.com/news/2020/apr/2/hydroxychloroquine-rated-most-effective-therapy-do/
No worries Phase IV plan aka the next 2 trillion is safely in Pelosi’s hands.
“large infrastructure projects”
Just what we need to solve this crisis, bridges to nowhere.
https://thehill.com/blogs/congress-blog/economy-budget/490809-planning-phase-iv-what-do-workers-need-most
I listened to Fauci on Fox and Friends this morning and they pressed him pretty hard on the Choloroquine/Zpack cocktail.
Fauci is representative of the government position and he is being very evasive in his answers. Due to years of training and thoughts of malpractice lawsuits? OR The US is agreeing with the Int’l community that this mix of drugs might be the best chance we have against Kung Flu being lethal or manageable. Perhaps it does have the ability to stop the spread too.
It all sounds an awful lot like the govt. position on masks, at least early on. I interpret this all as a head fake as they figure out exactly how to go about prescribing in the most effecient manner as well as, stock-piling and producing as much of it as possible.
The admin response to masks and these drugs has been – If we publicize too much to fast, the supply chain will break down and hoarding commences. So they have to treat the public like morons so we don’t act like our evolution has taught us in a mob mentality.
I’ll bet a big 25 cents that we hear some sort of results and distribution plan for the meds in the next 5 days. Doctors across Europe and Asia are prescribing it and hell, they are taking it themselves. Watch what they do, not what they say.
Lots of stuff might work as a prophylactic.
Problem is keeping the infected and more than just mild symptoms alive. Real effective late stage treatments to get those people sedated and intubated well, as we know once you go on the ventilator your chances of survial from what we are hearing is 20%-50%.
CytoDyn Leronlimab seems promising so far, their NYC trial which seems to have saved some and trials are now being expanded.
In COVID-19, the primary benefit appears to be in patients with respiratory complications. The drug seems to strengthen the “immune response mitigating the ‘cytokine storm’ that leads to morbidity and mortality in these patients.”
CytoDyn indicates that it plans to enroll patients in both the Mild-to-Moderately Ill and Severely Ill protocols quickly under the IND that the FDA issued with a “safe to proceed” letter. The Severely Ill protocol will randomize 342 patients in a 2:1 ratio. They will receive leronlimab for two weeks. The primary endpoint will be mortality rate at 14 days.
https://finance.yahoo.com/news/treatment-cytodyns-leronlimab-indicates-significant-100010636.html
Fredo is such a blowhard. Ever see a young child with a 102+ fever? Delirious. Last time I had the flu real bad I prepared to meet my maker. I didn’t create a spectacle however. I would not be surprised if he knowingly exposed himself.
Good interview earlier this morning on CNBC with Gottlieb, former FDA Commissioner. They do it daily around 815-830a.
He touched on what we were discussing yesterday, what flattening the curve accomplishes which in his words is delay, not eradication.
One other interesting comment, he says among the other ways this virus differs from others is they are now finding persons with antibodies who continue to “shed” (ie, produce) the virus. Would seem the major implication is that any antibody based test is probably not worthwhile.
Question here: What is meant by airborne? I understand when you cough or sneeze, that is airborne status but I’m wondering if that includes normal exhaling at rest. Can the virus be transported through exhaled breath?
Eddie – now worries.
Early on research is the key the WHO analysis of more than 75,000 coronavirus cases in China revealed no cases of airborne transmission.
Who are you going to believe the Chinese or Trump or the WHO or CDC or the preacher or the local witch doctor?
Stay Strong, Stay Well and Stay the F-AWAY!
left,
Theoretically, if people are told to stay at home otherwise punishable by death. Then four weeks later;
a) anyone with COVID who had it and fared poorly, will have died
b) anyone with COVID who shook it off, shook it off and is no longer contagious
This is how you eradicate COVID at the household level, right? Complete isolation and let run course.
social distancing flattens the curve – because there is a subset of people that doesn’t follow the tules – but doesn’t Wuhan style lock down effectively eradicate it?
Boomer, would think so.
Another alternative with the same outcome….
Tell any 75+ year old with multiple comorbidities that their treatment baseline is palliative care. Helping them die peacefully and painlessly. We will of course try to do better, but anything above palliative is “best efforts”. Let everyone else go about their business, with reasonable constraints and good practices. Lock down nursing homes as ‘safe spaces’, someone wants to see grandma or grandpa you need to take them out and they can’t come back.
It is becoming increasingly clear to me based on the data that this is a sick old persons’ disease, and when that cohort catches it there is death.
The only logical counter argument I see is what I mentioned yesterday, a short term lockdown to bridge to a near term (weeks, not months) highly effective therapeutic.
Boomer in the Philippines and other places it isn’t theoretical.
“Shoot them dead”: Philippine President Rodrigo Duterte orders police and military to kill citizens who defy coronavirus lockdown”
“ but doesn’t Wuhan style lock down effectively eradicate it?”
Are we going to keep international travel bans and interstate checkpoints in place in perpetuity?
Response on Stock Markets, broken in pieces to figure out how to get around filter..
Re: stocks, I used to have good discussions with Lib and others, Ex when he was around, on markets here.
I’m pretty well documented on this blog….exited nearly all LT positions last summer. Missed the Fed induced non-QE QE Fall run up of 15% but more than made up for it sw1ng trading various individual names. My horizon moved from months to days to in many cases hours.
Net short through about the 13th, went pretty neutral. Hopped in hard hedged long from 3/16-23. Everything…AAL, BAC, a cas1no, CAKE, PLNT, etc, etc. Almost always by writing deep OTM puts, often paired with an OTM calendar call. It was insane, on just the weekly puts I was getting 5%. For the week. The paired trades were 2-3x returns.
Just exited the last of these weeklies yesterday. Have a few residual put writes (long positions) deep ITM that are monthlies so they’ll sit until they expire at 100% value. Have a bunch of dead wood monthlies hanging around – hedges and busted trades – that will expire worthless.
Neither of these situations I consider an active position, so omitting these pieces I am now once again 100% cash in my main account for the first time in a while. Retirement is about 75% cash….
I’m so disciplined in trading/investing especially relative to the rest of my life it’s scary. I’m not hopping into anything now, certainly not the broad market, unless a specific situation presents itself. There will be pops – probably the biggest in a week or two when a working, tested therapeutic gets FDA support; likely another when NY gets on the downside of the curve which early indications now show may occur sooner than anticipated. But the market in total….I just don’t see how we don’t avoid a major recession and soc1al dislocation, right in front of an election….
Having a job would be so inconvenient right now.
Happy Friday !
Leftwing re:any antibody based test is probably not worthwhile.
No antibody then usually you die, during an infection just one mL of blood can contain millions of virus particles as it continues to replicate. You might have an underlying problem with your white blood cell count an immunity deficiency.So your body has not cleared out the virus completely from your system as the antibodies bind to the virus and the white blood cells then devour them, but not enough of that going on and the war rages on longer perhaps much longer than three weeks.
But anyway human reservoirs do exist for viruses but there is no proof that humans are reservoirs for Covid19.
Last thought on the markets that seems to keep tripping the filters abridged..
Know why you invest, know your parameters, don’t chase. My worse returns, and I track every trade closely, come when I force a trade.
good luck all
Juice, looked at the CNBC website which usually has dozens of these interviews up and posted. Seems their WFHers are more home than work, pretty barren.
I’m just parroting Gottlieb, he seemed to think there was a difference with this virus and antibody load. Didn’t seem he was talking about residual virus, but that the body continues to produce new. Interested if you dig up any research, please post.
BAC CEO explains the first rule of banking. To get the loan, you have to first show you don’t need it.
https://twitter.com/WilfredFrost/status/1246078440706637824
Moynihan making clear on @SquawkStreet that small businesses should not only apply to their existing bank – but primarily to their existing LENDER. Just having a small business checking account will not suffice initially – you need to have borrowed from $BAC in recent past.
Munuchin has 500Billion to dole out and Donnies signing statement means the oversight will be appointed by the WH and approved by the senate. Watch that money disappear!
re: airborne
h–s://vimeo.com/402577241
Joyce,
I never claimed to be the most intelligent individual, but again, once the four weeks are up, and humans leave their dwellings there will be no virus in circulation. What am I missing?
re:body continues to produce new.
There are different strains being tracked, is it possible to be reinfected, just like the FLU? Inconclusive as there is no vaccine to test.
Research here.
https://nextstrain.org/ncov
Boomer,
Great video, that pretty much answers my question.
It really is going to depend upon the degree of mutation. Any RNA virus will naturally mutate but antibodies are able to recognize multiple strains if it the recognition area of the strand has not mutated.
There will still be plenty of virus in circulation in 4 weeks. People are not obeying the recommendations. NYC only shut down their parks like two days ago, kids playing with each other. Adults playing basketball. People who are supposed to be in “quarantine” are out and about going “I have no symptoms”. Transmission rates will definitely be way down, but still present. Health care workers are getting infected at high rates. Police are getting infected at high rates as well.
BRT,
No need to state the obvious. I get it. I see it.
If we welded people into their homes, theoretically four weeks later – and if we kept out borders closed – we’d be rid of this.
And that is the point of my post – what we’re doing is merely a suppression tactic due to a certain level of noncompliance. If you hit it hard martial law, the potential to eradicate it exists.
We all need to view this from a higher elevation –
The goal is two-fold –
1. Eradicate the virus as quickly and completely as possible
2. Protect our economy, while accomplishing goal 1.
There is a task force that has center stage right now. For good reason, they are medical experts only.
There will be an economic task force that is assembled to accomplish goal 2.
Calling for a martial-law shut down is just as foolish as the “do-nothing, let Covid 19 sort em out” strategy.
Would you listen to Jaime Dimon or Warren Buffet tell you how to slow the spread of the virus? So why am I listening to Dr. Fauci tell me that a loss of 10 million jobs is “inconvenient”
Guys, watch Cuomo’s pressers. Very good info, and entertaining.
Cuomo signed an order to borrow (“don’t say sieze”) vents from upstate. National Guard to collect and relocate. Gets a press question, will he be sued and will the order withstand the fourth amendment. Cuomo, “John, it is a slow day when I get sued only five times”. Lol.
You won’t eradicate it during a lockdown ecause complete social distancing is impossible. Infra family spread and spread among essential people will continue during a lockdown. It’s flaring up in Asia again where there were totalitarian lockdowns.
The near term answer will be masks, screenings, thermometers, rapid tests, limited socialization and tracing of contacts when a positive is found. This will go in for a while.
“You won’t eradicate it during a lockdown ecause complete social distancing is impossible.”
Oh yeah?
h—s://www.nydailynews.com/coronavirus/ny-coronavirus-philippines-president-shoot-violators-lockdown-orders-20200402-6svpclrdz5eptkksuyecvjepp4-story.html?fbclid=IwAR0pR_L7QY6n20dcn-v4zVB6ddniySIAElIk2gXUvqHwG_h9ejJ1WjLezbo
My Hong Kong tailor is now offering to ship PPE and ventilators. Their are up front with their 5-15% markup.
Its times like these that people get creative.
Let’s hope your math is better today.
Fabius Maximus says:
April 3, 2020 at 10:52 am
BAC CEO explains the first rule of banking. To get the loan, you have to first show you don’t need it.
https://twitter.com/WilfredFrost/status/1246078440706637824
Moynihan making clear on @SquawkStreet that small businesses should not only apply to their existing bank – but primarily to their existing LENDER. Just having a small business checking account will not suffice initially – you need to have borrowed from $BAC in recent past.
Munuchin has 500Billion to dole out and Donnies signing statement means the oversight will be appointed by the WH and approved by the senate. Watch that money disappear!
Because the entire world won’t be doing it.
BoomerRemover says:
April 3, 2020 at 10:52 am
re: airborne
h–s://vimeo.com/402577241
Joyce,
I never claimed to be the most intelligent individual, but again, once the four weeks are up, and humans leave their dwellings there will be no virus in circulation. What am I missing?
Boomer, I dont think a lock down is going to work. You ask the question no one wants to ask or answer. What happens after lockdown and some people continue to shed the virus? Our society is changing week to week before our eyes. Today’s drive up covid testing site becomes tomorrows -Mandatory test site/fail/I need you to step out of the vehicle and move over to that line for further testing. I can easily see society breaking down, with interment camps needed. We separate the sick from the healthy. Met life is a stones throw from the CSX terminal. Tinfoil hat excuse, I had parents that lived through the WWII with stories of stored meat under floor boards with Nazis screaming Chai, Chai (they do love their tea).
Yes Joyce, I was wrong AOC makes the cut by days.
If by days, you mean months… yes.
Redefiining greatness.
https://twitter.com/ENBrown/status/1246105088164335616
So per Kushner, It’s their stock pile and its “No Soup for You!” for the states.
Pittsburgh professors see flaws in coronavirus modeling, predict more grim outlook
https://triblive.com/local/pittsburgh-allegheny/pittsburgh-professors-see-flaws-in-coronavirus-modeling-predict-more-grim-outlook/
“The duration of containment efforts does not matter, if transmission rates return to normal when they end, and mortality rates have not improved,” they write. “This is simply because as long as a large majority of the population remains uninfected, lifting containment measures will lead to an epidemic almost as large as would happen without having mitigations in place at all.”
At what point does the election get canceled? We will still be dealing with this in Nov.
GA GOP is admitting Mail-In will be bad for them. Donnie knows that the moment he leaves the WH, the indictments are unsealed and he and the kids will spend the next 5 years in the courts.
https://www.esquire.com/news-politics/politics/a32020353/georgia-republicans-voting-turnout-bad/
Seems diabetes is a huge factor in covid severity 40% of those in Louisiana who died from it who had underlying conditions and 28% in Dallas county who have been hospitalized with covid are diabetic. Source WFAA a Dallas abc affiliate.
joyce,
Well, duh.
The continued closure of our borders for human travel and cargo air-gap was a given; I guess I should have made that explicit?
Right. So when do we open them back up? 2 years from now?
Why socialized medicine won’t work in the US.
Nobody would accept the necessary decisions to be able to deliver care effectively.
I don’t think she can go through the primaries and be registered while still 34. So no she can’t run at that time.
joyce says:
April 3, 2020 at 12:11 pm
If by days, you mean months… yes.
Why would you give a ventilator to a male over 65 with comorbidities?
left you were right about the Ventilator survival rate, based on what I can find globally it ranges from about 10% to 30%, if you are put on a vent basically 1 out of 4 survive and that is if you are in a good hospital.
Grim
“Why would you give a ventilator to a male over 65 with comorbidities?”
Cause big pharma and big medicine can’t bill the dead. If there’s a 50/50 chance of survival on the ventilator they can keep the survivors with comorbidities in meds and monthly doctor visits for another decade or more.
Based on what I’ve seen of people’s eating habits the past few weeks we’re going to have a lot more diabetics in the near future. Nestle said that chocolate sales are going through the roof. There is even a joke about the “covid 19” circulating.
I ordered a respirator from china last night for 15 bucks, can’t hurt to have one (P95 cartridge respirator so it should suffice), we will see when it arrives. I can’t image the e-packet china post to US post will be fast right now, in the best of times customs took weeks. I told my wife it would come with Corona pre-installed!
You still can’t get a firearms ID in NJ. They closed the fingerprinting company (by order of the NJSP)
https://www.identogo.com/locations/new-jersey
If you don’t already have a firearm…you are not allowed to exercise your rights until further notice. Thank you.
That’s incorrect. The only age requirement is:
“At the time of taking office, the President must be … at least 35 years old…”
Here’s FOX news:
https://www.foxnews.com/politics/is-aoc-alexandria-ocasio-cortez-eligible-to-be-president-or-vice-president-in-2020-or-2024
GeeWiz says:
April 3, 2020 at 1:00 pm
I don’t think she can go through the primaries and be registered while still 34. So no she can’t run at that time.
joyce says:
April 3, 2020 at 12:11 pm
If by days, you mean months… yes.
Joyce,
We certainly have that discussion after we triage the bleeding within our borders, yes?
Right now, stay the f home or get popped. If you’re hungry, well you should have planned ahead. Drink plenty.
https://aironusa.com/airon-corp-teams-with-ford-and-ge-healthcare-to-fight-covid-19/
Thought provoking:
https://whitney.org/artport-commissions/new-york-apartment/index.html
Hang tough peeps.
Looks like a relatively uncomplicated device.
https://spectrum.ieee.org/cars-that-think/biomedical/devices/coronavirus-news-automakers-ford-gm-pivot-produce-ventilators-respirators-face-masks
Ford has teamed up with GE Healthcare to produce 1,500 ventilators by the end of April and 12,000 by the end of May. In addition, Ford plans to make 50,000 ventilators in 100 days beginning on April 20 at a plant in Ypsilanti, Mich. The simplified, FDA-approved design, licensed from Florida-based Airon Corp., runs on pneumatic pressure and requires no electricity to operate. Ford plans to start production using paid volunteers from the United Auto Workers.
It doesn’t matter because she is way too far out to the left. Normal people would never vote for her.
The DNC could also change their own rules to block her. Just look at how they treat sanders.
So the Chinese have done studies on monkeys, so far it appears they have immunity after contracting the disease once. From what I understand the mutations have been somewhat limited and the belief is at least for what exists the people who have had any strain would be immune. Also on a positive note if it was relatively mild the first time you had it, it is highly likely subsequent infection would likely be similarly mild.
Right, but that’s the problem with the lock down strategy. What happens when we lift it?
BoomerRemover says:
April 3, 2020 at 1:35 pm
Joyce,
We certainly have that discussion after we triage the bleeding within our borders, yes?
Right now, stay the f home or get popped. If you’re hungry, well you should have planned ahead. Drink plenty.
Uncensored Chinese Report May Have Accidentally Revealed Millions of New COVID Deaths
Ben Marquis
If Chinese government authorities are to be believed, the new coronavirus thought to have originated within its city of Wuhan in 2019 has largely run its course in China and, contrary to worst-case estimates, only a few thousand people died from the COVID-19 disease.
Of course, the Chinese regime can’t exactly be trusted completely as virtually all “official” information coming out of the country is carefully controlled propaganda designed to promote the Communist Party’s preferred narratives, with information that reflects unfavorably on the regime often being suppressed or countered.
However, it appears that one particular piece of official information slipped past the censors that might contradict the “official” death toll from the coronavirus: an unfathomable and difficult-to-explain decline by about 21 million in the number of mobile phone users in China, according to The Epoch Times.
First, The Times took a moment to explain just how ubiquitous mobile phones are among the Chinese people, given that they are needed to do just about anything in that country.
Indeed, all cellphones are registered and connected to their user’s identity and are required for using everything from bank accounts to bus tickets and employment to shopping, among countless other day-to-day activities. Recently, the regime even linked health codes — red for infected, yellow for suspected infection and green for healthy — to every single mobile user as a means to help track the spread of the coronavirus.
Given the reported indispensable nature of mobile phones in Chinese society, consider a standard quarterly report released in mid-March by the Chinese Ministry of Industry and Information Technology that documents the number of active cellphone and landline accounts in the country over the past three months.
According to the MIIT report, as compared with the previous report released in November, the number of mobile phone accounts had declined by roughly 21.03 million, from about 1.6 billion to 1.57 billion. Over the same time, landline accounts decreased by about 840,000, from 190.83 million to 189.99 million.
Do you believe the impact of the coronavirus has been far worse in China than the communist regime has admitted?
During a similar period a year ago, however — December 2018 to February 2019 — mobile phone accounts had increased by about 24 million, from 1.55 billion to 1.58 billion. Likewise, landlines had increased over that time frame by about 6.6 million, from 183.4 million to 190.1 million.
Meanwhile, China’s population was estimated to have grown from the end of 2018 to the end of 2019 by roughly 4.67 million people, for an estimated total population of 1.4 billion.
To be sure, there might be some legitimate reasons for the steep decline in the numbers of active phone accounts over the past few months, particularly for landlines, given the strict lockdowns that were imposed across the country, especially in Wuhan and other cities with major outbreaks. Those lockdowns forced the closure of the vast majority of businesses, most of which use landlines that may have been canceled or deactivated.
That doesn’t explain the decrease in cellphone accounts, though, and The Times dug into the data provided for the three major mobile phone providers in the country — China Mobile, China Telecom and China Unicom.
The largest carrier, China Mobile, reported a decline of more than 8 million accounts over January and February after having gained roughly 3.7 million users in December and about 3.5 million users in the first two months of 2019.
China Telecom, the second-largest provider, reported losing slightly more than 6 million users in January and February. But the company had gained more than a million accounts in December, and had increased by more than 7 million in the early months of 2019.
The data for the third-largest carrier, China Unicom, was incomplete, but it nonetheless showed a decrease of nearly 1.2 million in January, as compared with an increase of around 5 million users in the first two months of 2019.
The communist regime has sought to explain away the steep decline in mobile phone accounts as being attributable to the shutdowns, which could have prompted migrant workers and students locked down in their home towns to get rid of extra phones linked to the place they worked or attended school.
Additionally, the sharp economic downturn that resulted from the lockdown could also prompted other citizens to ditch spare phones that must be paid for every month.
That said, even if those excuses were legitimate, it is hard to believe that at least some of the now nonexistent mobile phone accounts weren’t canceled or deactivated due to the account holder having died from the coronavirus.
Even if death from the virus accounted for only 10 percent of the 21 million missing accounts, that would be about 2.1 million who died.
The communist regime has maintained that the death toll from the coronavirus is a tiny fraction of that — about 3,300 — but as noted before, that is difficult to believe.
We may never know for sure why roughly 21 million mobile phone accounts suddenly disappeared in January and February, but odds are, a portion of them were the result of coronavirus deaths that occurred far in excess of what the Chinese Communist Party is willing to publicly admit.
Just got my instacart delivery from sprouts. Sprouts is like a cross between trader joes and whole foods.
Got skunked on flour again but got everything else.
So there is a hypothesis that 15% of the population has congen*tal defects related to the perforin pathway that under typical circumstances do not pose a problem. When presented with SARS-CoV2 the response is a cytokine response which increases mortality and requires them to have intensive care. Treating these people with immune suppressing drugs(Actemra) has the potential to slow the cytokine release thus potentially keep these people off the vent.
So the thought is that there is a genetic factor, certain people who appear totally healthy can get very, very sick from it where as for others it is more similar to a flu or very bad cold.
Was supposed to be leaving for Florida tomorrow, got back $2500 on my house rental minus $100 feel. Airlines are playing hardball and only offering credit/vouchers. They did cancel my flights, DOT Regs say “If your flight is cancelled and you choose to cancel your trip as a result, you are entitled to a refund for the unused transportation – even for non-refundable tickets. You are also entitled to a refund for any bag fee that you paid, and any extras you may have purchased, such as a seat assignment.”
I am not playing their game here, $2550 in tickets is money I want back, I am not accepting a voucher or credit good for six months after all I am not the one getting bailed out they are.
chicagofinance
Young chinese adults move from villages and small towns to cities for work and go home for chinese new year. Since 5 million people left hubei I find it hard to believe villages a few hundred miles from wuhan had no outbreaks with the return of young adults to their home villages and towns over chinese new year.
JCer rockin as usual – thanks
Shedding or not…. if you can go to the front lines (or be out in public) and not be “at-risk”, isn’t that valuable? Also, we are all going to get this thing eventually, so what is the long-term implication?
leftwing says:
April 3, 2020 at 9:39 am
Good interview earlier this morning on CNBC with Gottlieb, former FDA Commissioner. They do it daily around 815-830a.
He touched on what we were discussing yesterday, what flattening the curve accomplishes which in his words is delay, not eradication.
One other interesting comment, he says among the other ways this virus differs from others is they are now finding persons with antibodies who continue to “shed” (ie, produce) the virus. Would seem the major implication is that any antibody based test is probably not worthwhile.
Seriously…… why the fcuk would you do that?
JCer says:
April 3, 2020 at 1:13 pm
I ordered a respirator from china last night for 15 bucks, can’t hurt to have one (P95 cartridge respirator so it should suffice), we will see when it arrives. I can’t image the e-packet china post to US post will be fast right now, in the best of times customs took weeks. I told my wife it would come with Corona pre-installed!
Ancidental reports are coming in
https://techstartups.com/2020/03/27/breaking-tolicizumab-shown-effective-hydroxychloroquine-treating-coronavirus-patients-doctors-say/
Some ER doctors recognize CRS and are treating accordingly, Actemra is the standard course of treatment. General consensus around Hydroxychloroquine is that it does not help a crashing patient. I believe it is a moderately effective anti-viral agent against COVID but it would need to be administered early. I believe we will find that Remdesivir is actually a highly effective antiviral, so much so that it will stop CRS by reducing viral load so much in short time that the immune systems stops it’s response.
“Right, but that’s the problem with the lock down strategy. What happens when we lift it?”
Contact tracing and quarantine. Masks, gloves, knowledge will keep it from spreading like it does now. Until it dies out. Seal the borders until then.
I find it hard to believe deceased people cancelled their cellphone plans.
ChiFi obviously stumbled upon China’s Breitbart site. Was that report written by Aloxtail Jongs?
Chi, basically the Chinese government is not sending this stuff, they are not permitting exports, small numbers of units mailed by individuals are what is going to get through. Also industrial cartridge respirators are not terribly usable in a medical setting anyway. I might give it to my sister she’s an emergency vet, they aren’t giving PPE unless surgery is being performed and they have been asked to keep working. So if fido has a medical emergency he is likely to receive better treatment than you!
What’s this?
https://www.nytimes.com/interactive/2020/us/coronavirus-us-cases.html#g-cases-over-time
Growth in cases still increases (not just number)
Growth in deaths increasing exponentially (not just in number)
Italy we will be. Density does not mean sh1t if you don’t lock down. We are bending the curve alright. As steeply as possible to the Y axis.
Get ready for the body bags.
That TA chart still remains a thing of beauty.
I think a lot of the 21 million is secondary phones being cancelled as business shut down and people just not paying the bills(recessionary action). That being said some are the dead and no 3300 people is not a real number. It is likely in the 100’s of thousands, millions are possible but even in China it would be hard to hide.
Craziest thing I have read so far is what Big Tobacco is doing.
“British American Tobacco is working on a COVID-19 vaccine using proteins extracted from tobacco leaves. Its Kentucky BioProcessing (KBP) unit expects to produce between 1 million and 3 million doses per week beginning in June. The company’s KBP, a division of its U.S. unit Reynolds American, will develop the vaccine on a not-for-profit basis. The vaccine, in preclinical studies, uses a cloned portion of SARS-CoV-2’s genetic sequence to create an antigen that the researchers then insert into tobacco plants for reproduction.”
Dallas county extended its state of emergency until 5/20.
https://www.wfaa.com/article/news/health/coronavirus/live-covid-19-updates-friday-april-3/287-813ce4ab-7418-4069-86b8-41791b3ade4f
It’s not just in the cities and suburbs. It’s in the rural farming and ranching towns of north Texas too now. Since the rural counties have 0 to 5 ICU beds per county they will be showing up in the 4 major populated counties for treatment.
Juice,
that’s a great example of how beneficial GMO research and industries can potentially be, despite all the noise the masses have made about it being bad.
Why do we trust a leaked report and not China’s official numbers? The Epoch Times? Isn’t that a Far Right English Language, Chinese-American, anti-communist rag? I’ll take the numbers from the Chinese Politburo of Propaganda over anything written by them.
Lib, no one believes Chinese numbers. The Epoch times doesn’t give numbers only that 21 million phones were shut down and leaps the the conclusion that they are from deaths totally ignoring the number of phones used in business and there fact that china is probably in hard recession at the moment, something the politburo would not let out to the western world, no customers….no need for multiple phone lines. Most Chinese cell phones can have two lines so that’s something to think about. What I trust is some of the footage released from china and the mobile incinerators they brought in to dispose of bodies, that wouldn’t be needed for 3300 people in a city of 12 million.
Juice – What airline? United?
I don’t doubt the lying from the Chinese Government about everything, which is why I always thought that making them honor American Copyrights and Patents was a supreme waste of time for Trump. But the Epoch Times? I have done my best never to post from far left sources such as HUFFPO or WAPO and even restrict my NYT linking. But come one now. It’s almost as absurd as my right-wing friends arguing all day on Facebook about articles from the Daily Mail or even the NY Post. These are sensationalized tabloids. They literally make up stories. Or at best, report rumors as fact. Please don’t make me resort to posts about alien anal probes!
United? Too rich for my blood, I fly cheapo with wife kids and grandparents in tow. Spirit Airlines.
No airlines are issuing refunds unless tickets were purchased in March. I just got my cert for Vegas (was supposed to be flying right now). Hoping they freeze air traffic out of NY before the 16th so I can refund on 4 Toronto tickets. Right now, United is routing us through Philadelphia both ways. There’s nothing quite like a 5-hour flight to Toronto.
Our flight home from Vegas was on a 787, which I was really looking forward too. It is now a 737.
Turd – They must issue a refund per DOT regs if they cancel the flight. I am willing to play the long game here. I will hit up my credit card protection as well, as I said I ain’t getting bailed out, and who knows where the airline will be in 6 months if I accept a voucher. I might have to use that voucher as emergency TP.
I waited till the last second.
I read that according to the Canadian passenger protections, they too were supposed to issue a refund, but the government has yet forced the airlines to do it.
Let me know what happens, but in theory, I agree with you. I think the only reason the airlines are still flying (at 10% capacity on most flights) is to avoid paying all of those refunds.
It does seem that a lot of industries are now too big to fail. It’s not like airlines even compete anymore. Look at Newark. It’s way cheaper to fly out of Philly or JFK in every case because United has a monopoly over the gates. Might as well just socialize the airlines and combine them into one. Heck, there are three logos designed already. US Air, United and American.
Sweden is rolling the dice.
https://news.sky.com/story/coronavirus-sweden-determined-it-has-smarter-strategy-for-dealing-with-covid-19-11968101
Not sure about you, but I don’t know what to do at this point. We, same as most, are on our 17th day of self-isolation and social distancing and it’s just killing me to watch my wife standing at the living room window staring aimlessly with tears running down her cheeks. It worries and breaks my heart to see her like this. Ive been trying to figure out how I could cheer her up. I even considered letting her back in the house, but rules are rules.
Booooooooom that’s nooooice.
Juice Box
Lol. Good one.
For those of you in north jersey, looks like hmart is doing home delivery in some areas. Could be a solution if you can’t get Instacart. Hmart does have a good selection of
Produce, eggs, and meats.
U.S. dairy farmers dump milk as pandemic upends food markets
https://www.reuters.com/article/us-health-coronavirus-dairy-insight/u-s-dairy-farmers-dump-milk-as-pandemic-upends-food-markets-idUSKBN21L1DW
Sweden has been on a suicide mission for years
I dig through my garage because we had a lot of materials that were given to me from a leftover construction project. Literally crates of stuff. Found a brand new MSA filtered mask. That’s a score.
This is how Morgan Stanley sees the COVID timeline as of today:
h–p://s000.tinyupload.com/?file_id=99947599828115353080
I had an emergency root canal yesterday. Tooth number 11 started hurting real bad two days ago. I called my dentist, closed of course, which I sort of knew. I left a message. He calls back immediately, I tell him number 11 hurts like he11 and especially when I tap it. He says nerve damage, root canal required, says he’d see me but he’s in another state and says I’m intelligent unlike most who can’t even speak correctly, let alone self-diagnose. He says I’ll call you right back.
He calls back, the endodontist will take me. An hour later, they call, tell me no other patients will be there, bring a thermometer and to call them from the parking lot. I call on arrival, enter, told to take my temperature, wash my hands.
Three people in the place… the doctor, assistant and front desk assistant. An hour later, I’m done. They assured me repeatedly that EVERYTHING, including the chair is wiped down with disinfectant. I hope so. :)
Welcome to the new normal.
Yes, you got me too juice.
I used to see a dentist who practiced from 10PM to 4AM daily. Cash only. The prosthetic lab was in Brighton Beach and was staffed by 10’s from Odessa (a lil’ JJ there). Xray machine bolted to the living room floor. The strangest part was that he didn’t own the house he practiced in.
Fast Eddie
What happened? Gritted you’re teeth too hard binge watching msnbc?
Brighton Beach dentists, was that before or after the wave of phony dentists?
Lib Success!
A real agent from the airline finally got back to me. Quote this “Per DOT regulations I am requesting a refund for my cancelled flight”
Bingo refund in 7-10 days.
Recommend getting in line now. Make sure they send the cancellation notice first.
Folks just downloaded tune-in app . Pretty much all I need now. Radio from everywhere. Always loved radio. Now it’s turned the mobile phone into a siiiiick-ass am/fm Walkman…….
“The duration of containment efforts does not matter, if transmission rates return to normal when they end, and mortality rates have not improved,” they write. “This is simply because as long as a large majority of the population remains uninfected, lifting containment measures will lead to an epidemic almost as large as would happen without having mitigations in place at all.”
So basically, the definition of flattening the curve? Delay but not eradication?
re: “mortality rates have not improved”
I maybe a humble cobbler but we shall save the Boomers and Silent generation (and everyone else with an immune deficient system). Those that think that they are an amortal entity well I saw plenty of you at Whole Foods tonight, make sure your will is up to date.
JCer, totally on board with the IL6 inhibitors…I seriuosly don’t know why these things take so long in the press and hopefully not clinically….
Part of the reason I bolted NNJ to the South in mid-March was because of that and cytokine storm, I’m at risk….long family history of RA/psoraisis the underlying mechanism of action being an autoimmune disorder. Good news, zero history of cancer and high resistance to ailments in my family, the bad news used to be just be an overactive immune system with bad skin and joint damage. Now, cytokine storm is a killer among that population with this virus.
What’s puzzling is that weeks ago it was known that IL6 inhibitors like Kevzara or Actemra cleared the inflammation in the lungs and not just of autoimmune patients. Documented cases in Korea and Italy of patients ready to be vented and injected who then literally walk out of the hospital two days later. Fcuking maddening. I pounded into my family – dad through my sons – if you are hit with this disease or if I am do what you need to do to get some physician to grab a needle and inject. However, where ever….Jesus…DIY healthcare
Left – re” Fcuking maddening”
Yup….we could inject everyone with all kinds of stuff problem is it actually takes time and as you know they did not pass legal immunity on the Docs only Pharma. Without a doubt I love at the Docs and well the rest legal stuff well it’s really time.. Pelosi and crew in the next legislation? The two biggest lobby organisations are Docs and Lawyers. That is where the real battle is.
Figure it out folks. Love ya all stay safe, stay healthy and please stay away!
I maybe a humble cobbler but we shall save the Boomers and Silent generation (and everyone else with an immune deficient system). Those that think that they are an amortal entity well I saw plenty of you at Whole Foods tonight, make sure your will is up to date.
I went into whole foods today and immediately ran out. No one wearing masks, gloves, no respect to the 6ft rule. Wegmans by me seems to be the best in terms of staff and customers respecting the boundaries and taking precautions. My goal is to not go back for another 3 weeks.
https://www.zerohedge.com/economics/delta-passenger-volumes-down-94-it-burns-60mm-day-buffett-dumps-delta-southwest-shares
Which airline……. how did you accomplish?
Juice Box says:
April 3, 2020 at 6:32 pm
Lib Success!
A real agent from the airline finally got back to me. Quote this “Per DOT regulations I am requesting a refund for my cancelled flight”
Bingo refund in 7-10 days.
Recommend getting in line now. Make sure they send the cancellation notice first.
BRT,
Trust me. It’s supermarket’s and takeout that is doing the damage.
Was that you?
Juice Box says:
April 3, 2020 at 7:23 pm
re: “mortality rates have not improved”
I maybe a humble cobbler but we shall save the Boomers and Silent generation (and everyone else with an immune deficient system). Those that think that they are an amortal entity well I saw plenty of you at Whole Foods tonight, make sure your will is up to date.
Juice….. did you see the blonde in Lululemon? GTFOOH…..
If you want to know how #PPP went today, ask yourself this?
WHY DIDN’T
@realDonaldTrump
HAVE THE BANK CEOs JOIN HIM AT THE PRESS BRIEFING?
It’s what he does with all the other industry leaders.
https://twitter.com/SRuhle/status/1246247310671196160