Coronavirus vs Trump

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concordtom
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9:39a, 2/25/20
Been listening to a broadcast of an economist talking about production slow downs in China, how they impact ports like Long Beach and stores across America - leading to layoffs. If this continues and gets worse (which medical professions say is likely) then coronavirus could cause the economy to slow - meaning Trouble for Trump's #1 path to re-election: strong economy. And here's some articles about just that.

Trump's worst nightmare: Coronavirus tanks economy and hands race to (Name Your Opponent)

https://www.politico.com/news/2020/02/24/trump-threat-coronavirus-reelection-economy-117272

https://www.bostonherald.com/2020/02/24/trumps-worst-nightmare-coronavirus-tanks-the-economy-and-puts-socialist-bernie-sanders/

https://www.cnn.com/2020/02/09/politics/coronavirus-us-economy-risks/index.html
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okaydo
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9:43a, 2/25/20
Well, good news.

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okaydo
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10:03a, 2/25/20
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okaydo
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4:11p, 2/26/20
Good news!!!!





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Yogi89
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4:23p, 2/26/20
If I get the Corona virus, I'm immediately going to BearForce2's house
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concordtom
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In reply to Yogi89 • 4:36p, 2/26/20
Professor Bearitas said:
If I get the Corona virus, I'm immediately going to BearForce2's house
I'm heading to 1600 Penn Ave!!!
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Unit2Sucks
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4:45p, 2/26/20
It's a miracle Trump hasn't implemented a huge tariff on Mexican beers yet.
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bearister
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4:46p, 2/26/20
Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside
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Unit2Sucks
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4:53p, 2/26/20
I happened to be in the car and listened to about 5-10 min of the press conference. At this point I feel comfortable saying that the only reason our federal government holds press conferences is to announce their fealty to Trump and stroke his fragile ego. Very little of the discussion was for the benefit of the American people because they spent so much time praising Trump for his response to the crisis.

I give him credit for limiting travel early, which I think has bought us some time to cultivate a strategy to respond to the likely outbreak nationwide, but his over the top statements about how he's single handedly beaten back covid19 is dangerous and a wholly inappropriate response to a potential health crisis. It's the equivalent of holding a press conference to celebrate a victory during the first quarter of a game. As is his misleading promises of a "rapid" development of a vaccine that no one is projecting will be developed in time to prevent the outbreak (best estimate for development is 12-18 months).

The fact that Trump is more concerned about the impact on the stock market than public health has me very concerned that he is sugarcoating the risks of the spread of the virus and that he will cause the CDC to provide false information the way China reportedly has and the way he did with the hurricane in Alabama, among other things.
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Anarchistbear
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5:08p, 2/26/20
I fully expect him to use it sell his anti-immigration, anti- Chinese policies.
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okaydo
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5:18p, 2/26/20

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GBear4Life
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8:02p, 2/26/20
China created this virus for global chaos.
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Cave Bear
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In reply to GBear4Life • 12:42a, 2/27/20
GBear4Life said:
China created this virus for global chaos.
Mordor says America did it. The right-wing lately seems to think Mordor is trustworthy, so the suggestion is highly credible. Still, I really hope it's wrong. Even this administration wouldn't be so stupid, I hope.
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BearForce2
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In reply to Yogi89 • 1:25a, 2/27/20
Professor Bearitas said:
If I get the Corona virus, I'm immediately going to BearForce2's house
I won't be home when you show up. While you wait, you can play here:

cyberbears.com
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Yogi89
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In reply to BearForce2 • 8:11a, 2/27/20
BearForce2 said:
Professor Bearitas said:
If I get the Corona virus, I'm immediately going to BearForce2's house
I won't be home when you show up. While you wait, you can play here:

cyberbears.com
No problem. My good friend Mike Zillion and I will come over afterwards and give you a proper buggering.
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concordtom
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8:24a, 2/27/20
It just dawned on me that Trump must have assigned Pence to the Coronavirus for two reasons:
1) If we, the world defeat it, he can give Pence a political torch, which he will then claim as his own brilliance.
2) If it becomes an out of control pandemic, he can blame Pence and fire him.

He elevates it to the highest level so he can take the credit, but doesn't tuck it directly under his arm so he doesn't have to take the blame. Heads I win, tails you lose. Brilliant!
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Anarchistbear
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In reply to GBear4Life • 8:40a, 2/27/20
GBear4Life said:
China created this virus for global chaos.


Nah, to help Bloomberg.
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bearister
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In reply to concordtom • 9:09a, 2/27/20
concordtom said:
It just dawned on me that Trump must have assigned Pence to the Coronavirus for two reasons:
1) If we, the world defeat it, he can give Pence a political torch, which he will then claim as his own brilliance.
2) If it becomes an out of control pandemic, he can blame Pence and fire him.

He elevates it to the highest level so he can take the credit, but doesn't tuck it directly under his arm so he doesn't have to take the blame. Heads I win, tails you lose. Brilliant!


It broke my heart that the child prodigy Boy King didn't get the nod for Czar:




*Here the Boy King is pictured administering COVID 19 to Himself.

...and with regard to the Olympics:
" The state of play: Longtime International Olympic Committee member Dick Pound estimates that the IOC has until late May to decide if the Olympics can go forward as scheduled." * Axios

* I have always had a lot of respect for people whose name constitutes a complete sentence.

Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside
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B.A. Bearacus
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12:37p, 2/27/20
Not the leadership we need in this moment when truth, science, and competence, not personal political considerations, need to lead the way.

"The decision to put Mr. Pence in charge was made on Wednesday after the president told some people that the vice president didn't 'have anything else to do,' according to people familiar with the president's comments."

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bearister
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In reply to Yogi89 • 2:06p, 2/27/20
Professor Bearitas said:
No problem. My good friend Mike Zillion and I will come over afterwards and give you a proper buggering.


...or as Austin would say, a sound rogering.

Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside
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Unit2Sucks
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3:11p, 2/27/20
I wonder how many of our resident Trump defenders are shrewd enough to follow Trump's financial advice? LMK5? bearlyamazing? Golden One? namesofbearthingsfollowedbyrandomnumbers?



The market is down 8% in just the few days since he sent that tweet. If Obama or Pelosi had said something this monumentally stupid and dangerous, some deep state stooge in Barr's DOJ would be working on indictments right now. But because it's Trump, they are all probably figuring out how to declare an 8% drop (with more to come?) evidence that the market looked good a few days ago.

I hope the adults in the room are able to prevent Pence, Trump and Azar from politicizing our response to COVid19 and that we act in the best interests of the hundreds of millions of americans, rather than the audience of one unprincipled, amoral, narcissistic dementia-addled dotard.
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okaydo
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3:30p, 2/27/20




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B.A. Bearacus
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3:35p, 2/27/20
Intriguing, but let's wait and see. I think this type of vaccine would normally take up to a year to develop.


Quote:
Moderna's vaccine against COVID-19 was developed in record time because it's based on a relatively new genetic method that does not require growing huge amounts of virus. Instead, the vaccine is packed with mRNA, the genetic material that comes from DNA and makes proteins. Moderna loads its vaccine with mRNA that codes for the right coronavirus proteins which then get injected into the body. Immune cells in the lymph nodes can process that mRNA and start making the protein in just the right way for other immune cells to recognize and mark them for destruction.
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B.A. Bearacus
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3:36p, 2/27/20
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B.A. Bearacus
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3:46p, 2/27/20
Can a Republican please post this person's name?
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B.A. Bearacus
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4:04p, 2/27/20

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bearister
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4:26p, 2/27/20
Never fear, Czar Pence has this one and he is in it to win it!

Cancel my subscription to the Resurrection
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Cal88
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7:01p, 2/27/20
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B.A. Bearacus
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10:27p, 2/27/20
Cal law school professor clearly unable to tweet the words "Fuuuck you."

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okaydo
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11:13p, 2/27/20
Happy 2nd anniversary to this article!

https://www.washingtonpost.com/news/to-your-health/wp/2018/02/01/cdc-to-cut-by-80-percent-efforts-to-prevent-global-disease-outbreak/


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bearister
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8:37a, 2/28/20
Economists now say the coronavirus could cause a recession


https://www.axios.com/coronavirus-recession-warnings-9eb743aa-2fd2-47ac-9e85-19ff54a07d3c.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosam&stream=top

Coronavirus disruptions, told in headlines:

"Swiss government bans all events over 1,000 people"

"New virus prompts Mormons to cancel key leadership event"

Facebook cancels F8, its annual conference for developers

"National Symphony cancels Japan concerts"

"Serie A's biggest match will be played in empty stadium"

"Saudis close Islam's holiest sites to foreigners"

"South Korea, US postpone annual military drills"

"Virus fears lead K-pop superstars BTS to cancel Seoul shows"

"Tokyo Disneyland to close through mid-March" Axios
Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside
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Cal88
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10:18a, 2/28/20
If it subsides by the Fall, the economic effects won't be so bad, outside of a few industries (travel, tourism, conferences, gyms etc).
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concordtom
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In reply to Unit2Sucks • 11:07a, 2/28/20
Unit2Sucks said:
I wonder how many of our resident Trump defenders are shrewd enough to follow Trump's financial advice? LMK5? bearlyamazing? Golden One? namesofbearthingsfollowedbyrandomnumbers?



The market is down 8% in just the few days since he sent that tweet. If Obama or Pelosi had said something this monumentally stupid and dangerous, some deep state stooge in Barr's DOJ would be working on indictments right now. But because it's Trump, they are all probably figuring out how to declare an 8% drop (with more to come?) evidence that the market looked good a few days ago.

I hope the adults in the room are able to prevent Pence, Trump and Azar from politicizing our response to COVid19 and that we act in the best interests of the hundreds of millions of americans, rather than the audience of one unprincipled, amoral, narcissistic dementia-addled dotard.
I'm no longer working on a trading desk, but as a knee jerk reaction to a family member yesterday I said that this market could easily drop 30%, and then only fall back to the point (roughly) that we thought it was due for a correction.

Trump's market is heavily spurred on by $1T budget deficits and low interest rates, and corporate tax cut!

I'd have to go back to the charts to have an idea more clear than that, but in general, I don't see this ending until the coronavirus ends, and that appears to be NOWHERE NEAR to the horizon! Prepare for more pullback!
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concordtom
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In reply to B.A. Bearacus • 11:11a, 2/28/20
B.A. Bearacus said:

Well, we might as well go out numb.
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concordtom
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In reply to Cal88 • 11:13a, 2/28/20
Cal88 said:
lol.
that made me laugh.
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