OT - Dow plunges 1,175 - worst point decline in history

[mtechnica]

Originally Posted by Tony T

POTUS just said it was because he said that America will be open for business by Easter.
Really, he did just say that.

I heard, I just didn’t think people believed him.

[Tony T]

Originally Posted by mtechnica

I heard, I just didn’t think people believed him.

Dr. Fauci is back for the daily briefing. Hope he address that.

[notsew]

Whats the over under on the drop when the jobs report comes out Thursday? I'm sure they are trying to time the stimulus bill to get done before we all find out that two or three million people have already lost their jobs.


You want a safe place to park some money, look at Munis they are doing some craaazy stuff.

[Tony T]

Originally Posted by mtechnica

I heard, I just didn’t think people believed him.

I hope people didn’t believe him.
POTUS now saying not All of America will be open for businesses by Easter, he says large sections of America, such as the Farm Belt and large sections of Texas.

[Tony T]

Originally Posted by notsew

Whats the over under on the drop when the jobs report comes out Thursday? I'm sure they are trying to time the stimulus bill to get done before we all find out that two or three million people have already lost their jobs.

The number will be meaningless, as there is no way to know with Friday’s number how many unemployed will be back to work when this is over.
I expect that a lot of small businesses will be bankrupt.

[sparky33]

Originally Posted by Tony T

POTUS just said it was because he said that America will be open for business by Easter.
Really, he did just say that.

The federal leadership vacuum is astounding.
Thank goodness for private, local and state leaders who are doing their best with what they’ve been dealt.

[kppolich]

Originally Posted by sparky33

The federal leadership vacuum is astounding.
Thank goodness for private, local and state leaders who are doing their best with what they’ve been dealt.

Respectfully, please provide a list (or one) of any private, local, or state leader here in the U.S. that was ahead of the curve and shut things down during the month of January or February.
As politely as possible I would like to know if any elected leader here was proactive and bold enough to act before the $hit hit the fan.

Earliest I can find is this:
March 1, 2020 – Florida Gov. Ron DeSantis declares a public health emergency in the state of Florida. Over the next several days, Kentucky, New York, Maryland, Utah and Oregon declare states of emergency.

Edit: Washington was the first, after the first death in the U.S.
February 29, 2020 – A state health official announces that a patient infected with the novel coronavirus in Washington state has died, marking the first death due to the virus in the United States. Washington Gov. Jay Inslee declares a state of emergency, directing state agencies to use all resources necessary to respond to the outbreak.
Thoughts: That was less than a month ago!

Not something I normally say, but Florida was right...

[jimcav]

Originally Posted by kppolich

Respectfully, please provide a list (or one) of any private, local, or state leader here in the U.S. that was ahead of the curve and shut things down during the month of January or February.
As politely as possible I would like to know if any elected leader here was proactive and bold enough to act before the $hit hit the fan.

apart from the month, but hard to find good data because testing has been so low, but shutting down at the 100 case mark or lower seems to actually flatten the curve, which prevents the fan-feces situation to which you refer. New Rochelle went from 1st case to 100 in a week (doubling 6 times) then did lock down and it took 12 days to again double, far from the every-3-day doubling that has gotten other nations and cities into the doodoo zone. I've said early in the other thread that USA, like many others, missed the mark on containment, so now we must all work to mitigate, but since spread is not homogenic, there are areas that can still contain; versus wait and cope as things get bad.

[Llewellyn]

Governments never handle disasters or major incidents well. Incompetence just seems to be part of their DNA.

[MattTuck]

Originally Posted by kppolich

Respectfully, please provide a list (or one) of any private, local, or state leader here in the U.S. that was ahead of the curve and shut things down during the month of January or February.
As politely as possible I would like to know if any elected leader here was proactive and bold enough to act before the $hit hit the fan.

Earliest I can find is this:
March 1, 2020 – Florida Gov. Ron DeSantis declares a public health emergency in the state of Florida. Over the next several days, Kentucky, New York, Maryland, Utah and Oregon declare states of emergency.

Not something I normally say, but Florida was right...

Bill Gates

[kppolich]

Originally Posted by MattTuck

Bill Gates

Giving a warning in 2015 on a youtube video doesn't count. In fact, today he said,

“The U.S. is past this opportunity to control (COVID-19) without shutdown,” Gates said during a TED Connects program broadcast online. “We did not act fast enough to have an ability to avoid the shutdown.”

“It’s January when everybody should’ve been on notice,” Gates added. The virus was first discovered in December in China.

Sorry, but should have isn't acting, but he was right. We did not act fast enough.

Not trying to argue, just pointing out that it was a worldwide group effort of failure here.

[Buzz]

Originally Posted by sparky33

The federal Italian, French, Spanish, Swiss, Belgium, Dutch, British, German, etc etc etc leadership vacuum is astounding.
Thank goodness for private, local and state leaders who are doing their best with what they’ve been dealt.

Fixed it for you. All of those countries, essentially all of Europe, have been swamped despite their sophistication, wealth/resources, advanced planning contingencies and universal healthcare systems.

If you want to criticize, start with the Chinese government, knowing they had an epidemic on their hands, first covered it up and then never sent out a world wide message to its citizens who had been in or near Wuhan and who travelled back overseas to quarantine.

We are in a fight right now. It seems to me it’s better to pull together, get through this and then at a later date have a meaningful discussion of what did and didn’t work.

[MattTuck]

Originally Posted by kppolich

Giving a warning in 2015 on a youtube video doesn't count. In fact, today he said,

“The U.S. is past this opportunity to control (COVID-19) without shutdown,” Gates said during a TED Connects program broadcast online. “We did not act fast enough to have an ability to avoid the shutdown.”

“It’s January when everybody should’ve been on notice,” Gates added. The virus was first discovered in December in China.

Sorry, but should have isn't acting, but he was right. We did not act fast enough.

Not trying to argue, just pointing out that it was a worldwide group effort of failure here.

In words that now seem prescient, Bill Gates said in an interview with STAT two years ago that he had urged President Trump to invest in technologies to respond to a pandemic.

“The president was kind enough to spend time with me, and one of the issues I brought up is this opportunity to build new tools that would help us deal with a pandemic,’’ said Gates, who has long warned of the possibility of a global disease outbreak.

He added: “It is strange that this risk, that the world isn’t doing more. We talk about doing more when we have smaller epidemics like Ebola and Zika, but then the actual follow-up is pretty modest. We think the idea of spending what would be a tiny part of the budget to be ready for a pandemic makes sense.’’

Since December, a new coronavirus that originated in China has spread rapidly, causing outbreaks around the world, including in Iran, South Korea, Italy, Japan, and the United States, including in Seattle, where the Bill & Melinda Gates Foundation is headquartered. Last month, the foundation made a commitment of up to $100 million to the global coronavirus response. And on Tuesday, it announced a partnership with Wellcome Trust and Mastercard that will provide up to $125 million to speed up the development of drugs for Covid-19, the disease caused by the novel coronavirus.

https://www.statnews.com/2020/03/10/...ss-investment/

[kppolich]

Yes that is all well and good and Bill Gates his foundation lead great humanitarian efforts, but that was not action like we needed a month ago, it was words 2 years ago. Again it is easy to look back and say should have and could have knowing what we know now. Hopefully those words rings true and the response and preparation for the next one are dialed in.

[MattTuck]

Originally Posted by kppolich

Respectfully, please provide a list (or one) of any private, local, or state leader here in the U.S. that was ahead of the curve and shut things down during the month of January or February.

Originally Posted by kppolich

Yes that is all well and good and Bill Gates his foundation lead great humanitarian efforts, but that was not action like we needed a month ago, it was words 2 years ago. Again it is easy to look back and say should have and could have knowing what we know now. Hopefully those words rings true and the response and preparation for the next one are dialed in.

You literally just asked for the name of someone who was ahead of the curve and took action in January or February.

I gave you the name of private individual who committed over $100 million of HIS own money to the cause in January and February. It seems like he fits the criteria you outlined.


SEATTLE, February 5, 2020 – The Bill & Melinda Gates Foundation today announced that it will immediately commit up to $100 million for the global response to the 2019 novel coronavirus (2019-nCoV). The funding will help strengthen detection, isolation and treatment efforts; protect at-risk populations; and develop vaccines, treatments and diagnostics. The new funding is inclusive of $10 million the foundation committed to the outbreak in late January.