I had to check to make sure the first letter of every word didn't spell out "SEND HELP NOW" or something
lol. "can't hoard cash... if it's physically difficult to hoard cash". taps temple, smiles, nods What fraction of the credit union assets can the NCUA back up with cashmoney, in the event of mass withdrawals? The $2 tril bailout making the rounds is nuts. That's on top of QE, some form of which might go on for a loooooong time, right? Still can't believe we haven't subsidized medical equipment production, emergency hospital construction, and training of personnel. I don't really give a shit how the needs are met, but whatever's not transpiring right now is making me very, very upset. If invoking wartime production legal precedent is required, do it. In math-speak, the growth rate of the exponential (the number "b" in the function f(a, b, x) = a*(b)^x) has increased over the last two weeks in confirmed cases of American covid. This is almost certainly because we were not testing enough, and the number of confirmed cases is probably still not yet reflecting even 50% of actual cases, perhaps. Instead of just seeing roughly exponential growth over time, the more we test for it, the more we find cofvefe-19, and we're finally on the brink of 100k+ tests a day in the US. There is still perhaps hope of containment, but if America gets "re-opened for business" on April 12th, that's no bueno. Much too soon. It's almost like a staring match with all the rest of the world, though, innit? If we fail to contain covid significantly worse than most developed countries, we may face exile from markets, commerce, travel, etc. Italy got especially unlucky, I guess. They were either exposed much earlier, or had some super-spreader or widespread exposure, something like that. Scared for my friends and loved ones. Some, economically, and others, health. :(
Literally that. I think it was a missed opportunity. They should have made 500 euro notes the size of old IBM punchcards. Which would have created a subculture of 'baller wallets big enough to hold'em. Which would have created a sub-subculture of pants with oversized pockets to hold the oversized wallets that hold the money you've never seen. Homey Congress just wrote a $2T check. The Fed is now buying ETFs. At this point the government is just another shareholder. That can shore up their position by conjuring money out of thin air. The psychological construct that is the financial system has grown increasingly psychotic. LOL those fuckers will show up to work regardless. They have a conscience. We need to shore up Boeing, who has refused to even take government money unless it comes with no strings attached. On September 26 2007 Warren Buffett offered to buy a 20% equity stake in Bear Stearns for $40 a share. Dick Fuld was offended and rebuffed not just Buffett, but the Fed for making the deal. Occam's Razor up here is we've had community transmission amongst pediatric cases since late December. Something people forget about COVID-19 is that much of what we know about it is based on Chinese data. Never before in the history of the world has anyone taken Chinese data at face value. Italy got to hit crisis-stage first so that we could all watch. I've seen unverified shit out of New York that leads me to believe NYC is lookin' highly Lombardi-like at the moment. As of today, 3.8% of the CV19 fatalities in the United States are from the Life Care Center in Kirkland. As of yesterday that number was 7%. It's very easy to look at the Johns Hopkins map and see a nice uniform circle but it's not reality.lol. "can't hoard cash... if it's physically difficult to hoard cash". taps temple, smiles, nods
What fraction of the credit union assets can the NCUA back up with cashmoney, in the event of mass withdrawals?
The $2 tril bailout making the rounds is nuts. That's on top of QE, some form of which might go on for a loooooong time, right?
Still can't believe we haven't subsidized medical equipment production, emergency hospital construction, and training of personnel.
There is still perhaps hope of containment, but if America gets "re-opened for business" on April 12th, that's no bueno.
Italy got especially unlucky, I guess.
They were either exposed much earlier, or had some super-spreader or widespread exposure, something like that.
Some people have floated the idea of letting military trained medics help out. One aspect of law that I don't personally understand is that if you're a military medic, even a battle hardened one who field dresses blown-up legs and the like, none--zip, zero, zilch--of that training counts toward shit to even become a civilian EMT, let alone a nurse or physician assistant. I have a buddy who was a Navy corpsman, who while enlisted was allowed to more or less treat disease (under a doctor's supervision, of course), but who could only find work as a transport person in an ER when he returned from active duty. There are some ideas out there of passing laws that temporarily remove some of those restrictions. I don't know how much that could increase the supply of providers, but it sure couldn't hurt.Still can't believe we haven't subsidized medical equipment production, emergency hospital construction, and training of personnel. I don't really give a shit how the needs are met, but whatever's not transpiring right now is making me very, very upset. If invoking wartime production legal precedent is required, do it.
All military medics receive their EMT-B. It's not a paramedic license so their scope is definitely limited, but it's more than nothing. Withholding paramedic licenses absolutely makes sense; the training received and average proficiency of a military medic is far below that of a paramedic (except when it comes to trauma). That being said, the average military medic would be more than able to assist with COVID-19 response with minimal additional training. The real problem comes with the posse comitatus act. There are certain ways to get around it, but that's one hell of a dangerous precedent.