TheGoodBits Posted March 18, 2020 Share Posted March 18, 2020 1 minute ago, FanboyOf91 said: Isn't the cruise industry based offshore? Why the **** would we bail them out? $0.00 in federal taxes paid from my understanding. 2 Link to comment Share on other sites More sharing options...
Springfield Posted March 18, 2020 Share Posted March 18, 2020 2 minutes ago, Llevron said: ok im freaking out looks like the hoarding of goods has moved from toilet paper and meats now to chips and medicine. people are insane. Link to comment Share on other sites More sharing options...
BatteredFanSyndrome Posted March 18, 2020 Share Posted March 18, 2020 As someone who finances aircraft, from $20K to $20 million. I see financials, bank statements, and credit reports all day, every day. Liquid reserves are king in aviation financing. I can't tell you how many americans, from those making $50K per year to those making $400-500K per year, have virtually no liquidity. Lighting money on fire is the american way across all demographics. I entirely believe that 40% of americans don't have access to $400 at a given time. 5 1 Link to comment Share on other sites More sharing options...
CousinsCowgirl84 Posted March 18, 2020 Share Posted March 18, 2020 14 minutes ago, Fergasun said: So honestly, we can take care of this virus slowly and cause economic hell or we can get through it quickly and go through public health hell. Link to comment Share on other sites More sharing options...
nonniey Posted March 18, 2020 Share Posted March 18, 2020 (edited) disregard. Edited March 18, 2020 by nonniey Link to comment Share on other sites More sharing options...
The Sisko Posted March 18, 2020 Share Posted March 18, 2020 17 minutes ago, TheGreatBuzz said: This is where I feel like some of us will be able to chuckle. The poor are used to being poor. But much of the rich have little in actual liquidity. So they are the bigger losers financially. They will learn quick that you can't eat stocks and bonds. True, for those of us outside the top 1% and above. Those folks might get a pretty good haircut on their net worth, but does it really matter to you if your net worth drops from say $2 Billion to $1B? I think those folks can just wait it out, buy more stuff on the cheap and get even richer on the other side. I guess the system works then. 6 minutes ago, Springfield said: looks like the hoarding of goods has moved from toilet paper and meats now to chips and medicine. people are insane. Well, chips are a staple food in the US. Link to comment Share on other sites More sharing options...
NickyJ Posted March 18, 2020 Share Posted March 18, 2020 3 minutes ago, nonniey said: disregard. 9 Link to comment Share on other sites More sharing options...
CousinsCowgirl84 Posted March 18, 2020 Share Posted March 18, 2020 35 minutes ago, NickyJ said: When businesses close down during a quarantine, businesses won't be paying their employees. No hours worked = No pay. That's why the government is making plans for paying individuals. In I’m certainly not planning on leaving my employees in the cold... 1 Link to comment Share on other sites More sharing options...
EmirOfShmo Posted March 18, 2020 Share Posted March 18, 2020 7 minutes ago, skinsfan_1215 said: $0.00 in federal taxes paid from my understanding. Yeah, read that in one of the articles in this thread. Plus, they're all 'flagged' in different countries (Liberia, Bahamas, etc.) If I'm recalling this correctly, the flagging in non-US countries allows them to follow that countries employment rules instead of US rules (i.e., pay low wages, treat people like ****, etc.) Travel related industries should be towards the bottom of the list for bailouts. White House Occupant has his own business interests at the forefront of $$, obviously, because he's an asshole. 1 Link to comment Share on other sites More sharing options...
NickyJ Posted March 18, 2020 Share Posted March 18, 2020 Just now, CousinsCowgirl84 said: I’m certainly not planning on leaving my employees in the cold... As far as I know, that puts you in a very small but very well respected minority. In its rush to get funding through to the public, I doubt the government is giving much consideration to businesses who take your approach. 1 Link to comment Share on other sites More sharing options...
visionary Posted March 18, 2020 Share Posted March 18, 2020 (edited) Edited March 18, 2020 by visionary Link to comment Share on other sites More sharing options...
TD_washingtonredskins Posted March 18, 2020 Share Posted March 18, 2020 2 minutes ago, NickyJ said: As far as I know, that puts you in a very small but very well respected minority. In its rush to get funding through to the public, I doubt the government is giving much consideration to businesses who take your approach. Agreed. My girlfriend works for a small company and her owner has let them know that they will likely be furloughed if operations must shut down (they haven't had to yet). It's a lot to expect a business owner to be able to cover salaries for a long time. Link to comment Share on other sites More sharing options...
Going Commando Posted March 18, 2020 Share Posted March 18, 2020 29 minutes ago, visionary said: I'm not sure this is something we can just 'get through'. It's a flu. Yes, we can get through it. 2 Link to comment Share on other sites More sharing options...
China Posted March 18, 2020 Author Share Posted March 18, 2020 So I'm looking at the JHU Coronavirus dashboard and there are zero (0) people in the US that have recovered from the virus. That can't be right. Somebody must have recovered by now. I think not only are the number of cases artificially low because of the poor testing, but reporting anything other than deaths isn't accurate. 1 Link to comment Share on other sites More sharing options...
TheGoodBits Posted March 18, 2020 Share Posted March 18, 2020 3 minutes ago, TD_washingtonredskins said: Agreed. My girlfriend works for a small company and her owner has let them know that they will likely be furloughed if operations must shut down (they haven't had to yet). It's a lot to expect a business owner to be able to cover salaries for a long time. Yeah I think the discrepancy is just expectations. People who are thinking this will go away in a month or two can say yeah we’ll keep paying everyone. People who realize we’re likely looking at a multi-year old effort know there’s no way to keep paying people at the same rate if they aren’t earning money. Link to comment Share on other sites More sharing options...
CousinsCowgirl84 Posted March 18, 2020 Share Posted March 18, 2020 Bill Ackman sounds like he is going kill himself.... Link to comment Share on other sites More sharing options...
bcl05 Posted March 18, 2020 Share Posted March 18, 2020 2 minutes ago, China said: So I'm looking at the JHU Coronavirus dashboard and there are zero (0) people in the US that have recovered from the virus. That can't be right. Somebody must have recovered by now. I think not only are the number of cases artificially low because of the poor testing, but reporting anything other than deaths isn't accurate. Not even the death numbers are accurate. There have been deaths in patients who have suspected/likely COVID19 but who aren't counted in the total if the testing wasn't done. Hopefully going forward that will be less of an issue. Link to comment Share on other sites More sharing options...
HOF44 Posted March 18, 2020 Share Posted March 18, 2020 I mean the reality is this social distancing thing is gonna be over with in a month or two. People will lose jobs and run out of money and have to do something besides sit in the house and starve. So you will see people ignoring it if/when it gets to that point. 1 Link to comment Share on other sites More sharing options...
visionary Posted March 18, 2020 Share Posted March 18, 2020 1 Link to comment Share on other sites More sharing options...
EmirOfShmo Posted March 18, 2020 Share Posted March 18, 2020 1 minute ago, China said: So I'm looking at the JHU Coronavirus dashboard and there are zero (0) people in the US that have recovered from the virus. That can't be right. Somebody must have recovered by now. I think not only are the number of cases artificially low because of the poor testing, but reporting anything other than deaths isn't accurate. Yeah, I haven't been able to find any site that has a count of the actual tests conducted OR the number of tests requested (i.e., in the queue to be tested). We have doubled the number of cases from March 16th to TODAY. March 16th - 3,487 Cases 68 Deaths from the CDC website during the day 3/16 March 18th - 7,392 Cases 112 Deaths from CNN on TV 15-20 minutes ago Link to comment Share on other sites More sharing options...
visionary Posted March 18, 2020 Share Posted March 18, 2020 Link to comment Share on other sites More sharing options...
NickyJ Posted March 18, 2020 Share Posted March 18, 2020 https://www.bbc.com/news/av/world-europe-51945855/coronavirus-temporary-hospital-being-built-in-moscow Quote So far, Russia has reported a low number of cases which officials claim is the result of their swift reaction to the outbreak in neighbouring China. On the outskirts of Moscow, urgent building works are underway to build a temporary hospital. Something must be up if Russia has kept low numbers of cases for this long but still expects to need a temporary hospital. Link to comment Share on other sites More sharing options...
visionary Posted March 18, 2020 Share Posted March 18, 2020 Link to comment Share on other sites More sharing options...
NickyJ Posted March 18, 2020 Share Posted March 18, 2020 11 minutes ago, China said: So I'm looking at the JHU Coronavirus dashboard and there are zero (0) people in the US that have recovered from the virus. That can't be right. Somebody must have recovered by now. I think not only are the number of cases artificially low because of the poor testing, but reporting anything other than deaths isn't accurate. This site I'm looking at says 106 recovered: https://www.worldometers.info/coronavirus/country/us/ Link to comment Share on other sites More sharing options...
visionary Posted March 18, 2020 Share Posted March 18, 2020 2 Link to comment Share on other sites More sharing options...
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