Debt Rattle March 18 2020
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Matson Aircraft refueling at Semakh, British Mandate Palestine 1931 • Global Powers Unleash Trillions Of Dollars To Stem Coronavirus Crisis (R.
[See the full post at: Debt Rattle March 18 2020]I don’t want to publish -even- later, but that means I missed this again:
Iran reports +1,192 more cases and +147 new deaths
It’s all inverted, sideways, chaos.
Administrators, (read nurses, business managers, non-practicing doctors, pharmD) were nowhere to be seen and locked in closed door meetings for days. Only to emerge with two RNs giving me an order to review 8 weeks worth of scheduled patients and inversely prioritize these patient’s medical necessity. I sat down with my lead technician and determined the priorities and the tech gave the answer to the two sequestered RNs.
What happened next exposes the game. The RNs both send a reply thru the tech back to me that “Doctor, your responsibility is to give the answers to us. Your compliance is required.”Simultaneously, in this small and once proud town in western Pennsylvania now ravaged by the meth/opioid epidemics, they closed the bars and gyms.
And there you have it. This entire, massive exercise reduces down to obedience and loyalty testing.
Right now, The Other is being identified then marginalized or eliminated. I should never be amazed but I always am as to how quickly they identify the Outliers. Sometimes I wonder if the sign is printed on our foreheads.
It’s all inverted, sideways, chaos.
Yes. The tail wags the dog…
Time to make one’s way to Storey Book Land…
…and get control of one’s life; break the law if all else fails…I realized at least one important things I’m missing:
No sense following cases, that only shows how many tests are run.
No sense in following deaths, that only tells you how able the medical system still is.
Only follow serious/critical, which tracks the severity of the event on the public, on the resources. Only number that matters.“Global Powers Unleash Trillions of Dollars to Stem Coronavirus Crisis (R.)”
So they’re transferring MY money to you, or especially THEM, via inflation? Whatever, I knew they were going to anyway. MONEY means N O T H I N G. Only resources, real things, beds, doctors, time, etc have meaning. But they pretend they can make more of those while taking them FROM me and other workers, to the rich and non-working, and the people cheer. No doubt because they’re not working, and you always get the vote of Peter to rob Paul. Meh. Indifferent. It can oil the gears. And also expose how money has no value, no meaning, no purpose, no point, and reset the system to honesty. …Via hyperinflation. As targeted 40+ years.
Speaking of, that’s why the market can go up. We have no market anyway, just 99 & 44/100th rigging. So what’s the difference? We can have a price as devoid of real economy as casino chips and pokemon cards. It will be sidelined and replaced with something else, viz:
“What are the ramifications if the Fed Put doesn’t work anymore? Central Banks will need to move on.”Move on from markets, now that the government has totally, utterly corrupted and ruined them. Total destruction! Not a lick is working here anymore! Our work is done!
“Why is it so important to stop this crash?”
A: because my pals would lose money, duh. The roads, power lines, rails, factories, workers, machine tools, would all still exist. The country would be not a whit poorer. However in bankruptcy the assets would have new owners. And I would not be one of them, so it must be stopped at all costs. With your tax dollars. To me. And the people cheer!!! Save me daddy government, save me! Give all the power to government, to Trump personally! Right, deBlasio? What could go wrong??? Do nothing, do no work, take from others. Step 3: Profit!
“Companies such as Boeing that cut corners and blew money on buybacks”
This had always been illegal – and rightfully so – until Clinton? Rule change, not law. Anyway, anyone could see it should be illegal, and could be again, but if you make it legal to steal, don’t be surprised if the bank is empty. All of us said so, and 100 other things like Glass-Stegal. But who coulda knowd? Every dumbest hick in all America. But not Yale and Columbia and Harvard, with Summers and the Bernank. You can visit them in their palatial estate in the Caymans and give them whot-for, I’m sure they’re just eaten up with regret.
“I’m not opposed to the government stepping in to help in an emergency. That’s why we have government.”
If they do, if they CAN, 100% guarantee they WILL, always the rich, who have the seat, who have the ear, and always always always 100% at the expense of the poor. You’ll notice that yet another of the 10,000 things NOT authorized to government in the U.S. Constitution. They have zero mandate, zero authority. Because they knew if you give them the slightest authority they will corrupt, pick (buy) winners and losers, and the real and only loser would be the people, and their uncorrupted vote. Take away their power TO help/bail/decide/favor and you have Capitalism again. Add that power to the government and you have guaranteed Socialism/Fascism, but I repeat myself. And here we are, and here the people demand their own destruction.
Hoover noted this in his biography, the first thing that happened crash of ’21 (he was Secretary at the time) was rich guys came into his office whining like little babies, demanding all sorts of awful ends unless he gave them money and bailed them out of losses they could easily take. Embarassing. And expensive to the people who actually WORKED and DIDN’T make dumb, reckless decisions.
And the usual suspects, Boeing, Hotel Paris Hilton, Carnival Cruise, Casinos. No doubt Harley Davidson. Critical stuff.
“Mnuchin Warns Senators of 20% US Unemployment without Coronavirus Rescue (R.)”
I thought he was handing out money. Handing out jobs is something only the private sector can do. Remember the last “helping” bailout where “shovel ready” went forward with $1.5M paid/job? Oh and Solyndra went down. Hey, wait, I thought people were supposed to stay home; now they drive to work too??
If you want to “help” with bills, fine, but don’t pretend you’re creating jobs when the roads and bars are closed.
Because, always partisan, one article:
“Washington Post Columnist Jennifer Rubin Says “There Will Be Less Democrat Deaths” Than Republican” because they are old and dumb and in FoxTV denial vs. next article:
“Spring-Breakers Pack Florida & Texas Beaches as Pandemic Threatens Societal Collapse” as they are young and Liberal.
Seems like being unconcerned and unaware is an equal opportunity human trait.
“Spring-Breakers Pack Florida & Texas Beaches as Pandemic Threatens Societal Collapse” as they are young and Liberal.
Seems like being unconcerned and unaware is an equal opportunity human trait.
On the Beach, comes to mind…
Dr Rich,
Probably I’m thick but I sort of missed your point, but am VERY curious to understand your intent… What I got was that you HAD complied in putting together the priority list… Was there an inferred tone I missed in their message back to you? Did you step out of proper channels?Stay safe, keep commenting when able, please. I’m in SW Virginia, lots of “once proud” towns and once good, crumbling infrastructure here, too.
Oh, nuts. My link didn’t work.
“people with blood type A most susceptible to corona virus infection…” from “medRxiv” via Tass.“Are there a lot of people around here who have virus fatigue yet?”
Not on the TAE board since we tend to discuss reactions and ramifications instead of panic panic panicAn example of virus fatigue from MSM:today:
Virus infections reach 200,000!!!
Due to a math impaired population in my country… .0025% (approximate)Illargi,
I’m in the Appalachian mountains of SW Virginia, a mash-up of big-dollar non-profits (healthcare and higher education) slammed right up against a hard-scrabble mountain folk who have hard lives and low expectations.
One concern I’ve heard from the higher ed folks is that there simply isn’t the bandwidth available for every class to suddenly “go on-line”. Amongst them I also see a strange cognitive dissonance, as if simply going “on-line” is fine, and their tenured, well-paid, well-benefitted lives will just roll along after this “bump”. Thus far I haven’t seen any sign of acknowledgement that political and financial factors may become much bigger factors in their lives, but I watch for it.
An elementary special-ed teacher I spoke with last evening said there is a very wide variance in internet accessibility and speeds amongst her students, from those who live near town near the universities versus those in the single-wides farther out. But her bigger concern was simply FEEDING these kids.
I just bought more soup and flour and bread and am enroute to drop at the homes of elderly folks in my community, most with compromised systems.
Regarding your question on fatigue, one homebound friend texted, “I’m losing my F***G mind!” But we’ll get her settled down…
My comments and opinions don’t change anything.
I foresaw that the virus would mutate to MMT-ViRUS.
I’m sure that we all see how the virus is hiding all the scams and taking the blame for everything.
The virus is also, infecting the tropic countries.
We are seeing the changes of the fall of empires.The rich, with the help of their accountants, lawyers, and politicians are battling like pigs, for all dollars from the printing press.
If I cannot pay my bills, the rich will send the bill collectors to do me harm. There will be nobody to protect me. The protectors will be hired by the rich.
Canadian Oil prices below $20.00. Are the sellers the same as the buyers?
That not selling. That is stealing.This was my second attempt to post. Its much better.
The Canada – USA borders are officianly closed.
The border cameras were showing,Nobody was going across the borders.Raul Ilargi Meijer:
I look at the daily run on The Virus as installments in a comic book series. I’m frankly addicted to them. It’s something to do during the Great Shutdown.
I went for a long walk yesterday, and the number of people strolling about amazed me. Kids (school’s closed) were doing homework on park benches. Everybody was smiling and cheerful. So far, so good.Wasn’t Boeing “just” reflecting what Lagarde said: “Do you want jobs? Or do you want savings accounts?” Boeing didn’t want savings. I’m sure it had nothing to do with pumping up their share price. Jobs! /s
It was unclear as to why jobs or savings were exclusive of each other.So, not yet, RIM. But it’s early.
When you got a virus
When you got a bug,
Making rich folks richer
Is better than a hug.I’m sorry. I can’t help it. I’m one of those poets who hates reading poetry but can’t seem to stop writing it.
Before the flue, I saw Inventory that were pilling up everywhere.
Therefore, lets give businesses grants, loans all kinds of so that they can keep the workers producing more inventory that cannot be sold due to lack of customers.
Its printing only 3% of canadian GDPRemember all of these decisions are being done by people smarter than me and with more specialized education than me.
LET’S KEEP WATCHING THE STEPS THAT ARE BEING TAKEN TO SAVE THE EMPIRES.
• Global Powers Unleash Trillions Of Dollars To Stem Coronavirus Crisis (R.)
• Boeing Seeks ‘Tens Of Billions’ In Bailouts (ZH)I second everything Herr Docktor said about the markets. They haven’t existed since Clinton gave Wall Street the nod to deep-six Glass-Steagall. Since then it’s been off to the races, allowing greed and fraud to run unchecked. If that weren’t bad enough, the Fed, like Casey Jones reborn, continuously pumped more and more financial fuel into the supercomputer algos and board rooms that game the system every nanosecond in order to skim wealth from the unworthy and unconnected.
And when the mortgage industry blew a gasket in 2008, our glorious media did a wonderful job of providing cover. I couldn’t believe how many of my acquaintance were clueless as to the real cause: massive and systemic fraud. This cover kept all those bewildered citizens (victims) from ringing Congress and demanding in fits of rage to have the guilty thrown in into the darkest dungeon. And just in the nick of time, the silver-tongued sellout, Obama, let the bankers transfer all that private debt to the public, setting the stage for the ‘everything’ bubble we have today.
“Give a man a gun and he’ll rob a bank; give a man a bank and he’ll rob the world.”
My first post – hello to all.
That the UK was working towards a policy of “herd immunity” is shocking; that it considered 260000 deaths an acceptable cost is grotesque:
Inferred tone?
A physician with 32 years experience (that is military medical, public health, veteran care, combat casualty, mass casualty/disaster preparedness, disability evaluation, high volume outpatient, high volume surgical, medical error/malpractice investigation, aviation mishap investigation, “executive” medicine qualified/experienced) was ordered to report to two nurses, two nurses who were part of the special, secret, invitation only huddle that took place durung all working hours of the past week WHILE the rest of the hospital was run by the rest of the non-invitees and me. Y’all do know the hospital still had to run while the special invitees were receiving the special message that would burn our virgin ears?
Once enlightened from the special secret meeting information, the two nurses set forth to impose the plan, halt care and impose their authority……
over an independent authority, a physician surgeon.
How halting healthcare, indeed suspending clinics and surgery, serves the coronavirus hysterical fighting purpose escapes me entirely because it violates every concept of infection control, sterile procedure and communicable disease gathered over the history of man.
The plan, if they’re not just running the exercise from an empty playbook, seems to be:
1. Empower the most reactionary nutjob Authoritarians (located on most ICUs)
2. Impose mass hysteria, industrial scale social isolation and an epidemic of bewildered helplessness
3. Reward the Authoritarian Followers to greae the skids of this operation. Reward them with rank, title and land grants…worthless cash works too as in those billion dollar pallets of $100 bills air cargoed to Iraq late in 2008.http://www.johndayblog.com/2020/03/opportunity-or-denial.html
We, here in Austin, Texas have taken steps to slow the spread of coronavirus, before seeing evidence with our own eyes of people getting sick and dying.
This community effort in slowing down and distancing is now completely supported politically.
I say that because they have shut the strip clubs.
They shut all bars and restaurant dining rooms yesterday, and that includes the politically powerful strip clubs.
I saw rush hour traffic getting a bit less last week, including last Thursday, it was notably decreased on my bike commute Thursday, but markedly decreased Friday, when they closed schools the last day before spring break.
That was a powerful Friday the 13th message.
Friday the 6th, they had canceled South By Southwest, the big signal flare.
The Friday evening traffic out of Austin was much, much less than the week before. Traffic this weekend was very light. I should not really call it “traffic” now.
I worked at People’s Community Clinic Monday. I will no longer take Mondays off.
We were setting up the adult and pediatric patient flows for respiratory precautions, masks, gowns, gloves, swab-testing, cleaning the small set of rooms we are using for that, and isolating people to wait outside in chairs if they are going into that flow. I had no patients scheduled as I was point-man for the first kid (with suspicious and defensive dad) and first adult, then 4 more adults.
We discovered lots of things we needed to adjust, lots of kinks and catches, lots of expenses and limitations of supplies. We are very short of test kits. We can really only test people with a high suspicion of symptoms of coronavirus, nobody who is asymptomatic.
We have lots of spring pollen allergies, some colds, still some influenza, lots of worry, and anxiety-patients are all worse than usual.
I did our first parking-lot visit yesterday, because it was so much less wasteful of resources than using a dedicated room and protective gear for a young mom, there for anxiety/depression, whose very active 4 y/o daughter had allergies and a little cough. The daughter hung out of the back seat window “I’m on top of the world”, as I stood outside the driver’s door with pen and paper, having reviewed the medical record first, and printed up a few pages for reference.
Tomorrow a team of us will go to the first outdoor tent clinic set-up, being completed today, where I used to do urgent-care work. We will see what we should take, and what we should modify, as we set up our outdoor facility.
All of this seems quite mundane, and it is a benefit to us, to be able to work out our procedures while things still feel mundane.
We have not yet had a positive test result at People’s Clinic, though there were 10 confirmed cases reported in Austin yesterday, mainly because of when tests became available and the turn-around time on reporting. This morning there are 7 more confirmed cases here.Returning to the community response, it has been wholehearted at all levels, as much as such a thing can be.
My marker as a bike commuter is the traffic.
Traffic looks like something well under 10% of usual. It feels like 5-7% of usual. It’s just not “traffic”.
Everybody in stores and public places ha been showing reserve in their body motions for a week, keeping distances, being careful how they touch things, and there are fewer in the stores, somewhat fewer.There are a lot more people out walking as couples, walking dogs, walking with kids and riding bicycles in groups.
Most of Austin is far more spread out than Asian and European cities, so this is completely safe and sanctioned activity.
Here we see a hidden cost of high-density living, which community planners have been pushing for decades.
High density occupation is the perfect culture medium for dread contagion. If everybody goes outside the apartment in Wuhan, everybody is mingling in the street in close proximity. There are only some areas of central Austin with dense apartment blocks, of fairly recent construction. I’m concerned about those big, dense apartment blocks and dormitories.
Suburban layout is far safer for social distancing.
Vegetable gardening is the ideal activity in suburban quarantine, where you are good to walk the dog and ride your bike.
It’s funny. All employees are now routed into People’s Clinic through the vegetable garden I keep, into the downstairs kitchen-break area, where we get temperature screened before starting work. I intend to post to everybody to grab the sugar-snap peas and gobble them. Delicious, at their prime, and each one untouched-by-human-hands.Here at home, the birds and pill-bugs have taken all of the cucumber sprouts I planted last week. I’ve just planted again, and planted some beans in there to be decoys for the hungry critters.
I hope it works.Hey doc, thank you very much for that explanation, greatly appreciated! Like I said, I can be “thick” in understanding typed things where I can’t hear tone or see facial, and have zero understanding of the normal protocols and such, so thanks for taking the time and clearing me up on this…
I have a question if anybody can take a crack at it I would be extremely grateful. If I had (In an American bank savings account) a decent chunk of cash, and I am wanting to buy land like Nicole Foss and set up a farm/compound kinda thing, should I buy now or wait a few years or so for real estate to go down in price? She was concerned about capital controls being implemented and I don’t want to lose the savings because of that, but I don’t want to pay inflated prices for land either. In a podcast from 2015 she said don’t take on debt to make a purchase like that I think, but I won’t have to take on debt if the prices go down significantly. Is it likely capital controls will be put in place in the near future, like the next 18-36 months? Should I get out of the banking system sooner rather than later?
mmt -virus COMING TO THE RESCUE.
Update (1255ET): The UAW has reportedly succeeded in convincing Detroit automakers to shut down all US factories, following similar decisions by German and South Korean car companies.Corporations get Universal Basic Income for themselves and cover for all past mistakes. Boeing for 737 MAX & lesser failures coming to light. Auto manufacturers can stop producing vehicles that have no buyers.
Shutdown will show the scope of pollution as sky and water clear. This won’t correct the damage. That will take decades. It is like when smoking bans took place and we found out how stinky it made our indoor environments. People still dying from that last century smoke and other lung damaging economic activities.
To regrow and outgrow is where the coming necessities will take us. A greater community spirituality where competition focused on problem solving without proprietary hooks that thwart evolutionary development would be helpful. A singularity is not useful, as that is an end to creativity.
Banks are going to give a break on due dates for mortgage payment.
Did any one hear anything about credit card?Strangerdanger457, what was it Yogi Berra once said? Something like “Predictions are hard, especially about the future…” That being true, it is very hard to know if/when capital controls will come to the U.S. I tend to think that you won’t see capital controls until there is a fairly obvious run on the banks. What you seem to be envisioning, if I’m reading between the lines correctly, is One Big Jump out of The System. What I would suggest, instead, is to look for many little ways to lessen your dependence on the system, while still keeping your eyes open for an opportunity that matches your pocketbook. Some suggestions are to pick up useful skills like repairing things, growing and cooking food, and building social relations. Get out of debt at every level. Take complete responsibility for your health by paying a lot of attention to nutrition and exercise. And work hard to ensure that your entire family is on board for the lifestyle change you’re contemplating; sometimes that takes years, or doesn’t even happen then. Also, your question would probably spark a lively debate over at Peak Prosperity, where there are a lot of folks who have either made the transition you described, or are hoping to make the change in the near future.
John, pill bugs are the worst. In this dry climate they are great decomposers but shocking with vegetables. So hot and dry you need mulch in summer but if you put it down they ringbark every seedling. Our answer is to plant into tin cans open top and bottom dug into earth as a barrier. Also removing mulch until the plant stem hardens off.
Keep up the good work,
Oh and the cabbage whitefly can jump off a cliff- they are the worst.
Strangerdanger457 I think the titanic metaphor is useful here but not perfect. It is about timing – if the ship is actually going down then the rush is on already and the strategies you are contemplating may be a little late in the piece. Holding cash is always good as a hedge and buying something even this week may be hard or impossible as business everywhere is going full tilt wind back. Rototillerman’s advice above is spot on – spread your resilience into many areas including skill set and health. If you can buy without debt now – it may be safer than to try and hold large liquid sums in what ever form through the slide in prices. Avoid debt but trying to spot a bargain in this time is a high risk high speculation proposition in my opinion but I’m not an expert.
All the best and remember this virus in terms of actual percentage of the population dying may not be high but the risks are still there so focus on health as per John Day’s recommendations.Try these links. BC need to try to control the virus. So far, its been in care homes and the care workers.
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I just took the gran kids to the garden. Now, we are planting seeds in “starter pucks”Old Man Pepe weighs in on the mysterious origins of the virus and similar stuff:
I have noticed that Ontario health officials seem to have stopped their daily media briefings this week. I can find daily health briefings from the other 9 provinces, just not Ontario!
In the last 4 days, confirmed cases have fallen every day this week! Monday 43, Tuesday 32,. Wednesday 13, and today Thursday, just 12 new cases!
Obviously Ontario must be winning the war on the coronavirus! Just like China!
Wrong! They have just stop testing!
Old Jesse the Americain, has what strikes me as an easily understood cogent overview of the economic crash aspect of it in terms of financial markets:
Having quarantined myself, I look forward to visiting the store when next needed wearing my patented bandito anti-virus face protector. And cheap cotton gloves. By then I suspect I won’t be the only one.
And now, a little arts and crafts:
Ontario Testing
Wes you better check your sources for those numbers – they are way off.
Today Ontario got the results of over 900 tests.
890 were negative and 25 were positive.
There are 3378 tests taken and awaiting results.
They have been holding back on tests a bit because of a shortage of swabs. (swabs were sourced in Italy!!!)
Apparently our Global ‘thought leaders’ never considered that a Global Pandemic would disrupt Global supply chains and thus make the fight against said Global Pandemic a lot harder than it should be!
Ontario should be able to process 1000 tests a day and they were looking to expand that – don’t know the current status on that but we’ll get a hint when we see the number of results tomorrow.
They are testing as much as they can.
The real number to watch is ‘Currently under investigation’.
They had that down to perhaps 10 or so after the initial impulse from China but now it keeps climbing
400 to 800 to 1300 to 1500 and now over 3000.
We are on that curve going up.It will take 2 weeks or so for any ‘social distancing’ to actually make a difference but I think that will be swamped by the number of returning snowbirds etc.
Buckle up kids!
Please keep Automatic Earth up to date on COV-19 pandemic. I’m starting my third week of sheltering in place, without this site I’d stop getting Deja-vu, over and over, again. WaPo finally admitted the likely number of deaths of Americans when the hospital system breaks down is a million or more. Only because the deep state insider, the Imperial College London, said so. Or that private hospitals won’t buy ventilators for critical patient surges that are already hitting in hot spots because it will eat into their profits. Only government can do this.
Owned by Jeff Bezos, the WaPo didn’t ask why the US federal government failed to make crash purchases two months ago of ventilators when it would have made a difference and cut the number of deaths. The people responsible for manslaughter need to be jailed and a Truth and Reconciliation Commission formed if the United States is to come out intact on the other side in the months and years ahead.
Each Western nation closing their border is the death knell for the Empire and the EU.
“Some days back, I stated that I didn’t think we’d bring Kung Flu patients into the hospital, but instead, triage them in tents outside, then send the ones meeting criteria to some FEMA-set-up Kung Flu Treatment Center, staffed as possible, and serviced by dedicated Hazmat 9-1-1 ambulances, whisking members of the community there as appropriate, in full protective gear, 24/7/365.
“Because, as I argued with flawless logic, to do otherwise would be to
a) risk our entire healthcare system being overwhelmed and destroyed, a la Italy, and
b) make every other medical emergency impossible to deal with, thus doubling casualties from every other treatable and preventable cause of death, from heart attacks and strokes to appendicitis, because the entirety of any and every hospital would be filled with Kung Flu-infected plague petri dishes, in every nook and cranny.Turns out, TPTB, top to bottom, make the Italians look like Leonardo da Vinci.
1) We’re not putting tents up everywhere.
2) We’re not segregating people out of the hospital.
3) We’ll do a half-assed triage assessment outside the building somewhere (fill in the blank where___________)
4) Using screening criteria overtaken by reality a month ago, because the CDC, no matter how asinine, is always the CDC
4a) to wit, asking about foreign travel, even though homegrown community-acquired cases outstrip foreign travel candidates, and have for two weeks
4b) ask about exposure to known Kung Flu patients, even though the CDC and local public health departments refused to test for Kung Flu until four days ago, in most cases, (due to jackassery, fuckwittery, and a dearth of functional kits for two months) thus insuring via Catch-22, that if you never test for King Flu, nobody anyone was in contact with ever officially has Kung Flu
5) then bring the infected into an appropriate sealed negative airflow room
5a) which cleverly has no patient monitoring equipment
5b) will not allow you to get portable chest x-ray equipment into the room with the patient with respiratory problems (which, cleverly, no one thought about prior to then)
5c) which would contaminate said portable x-ray equipment every time you got it into the quarantine room
5d) which would require an extensive, nigh impossible decontamination of said X-ray equipment for each and every subsequent patient…” and so on. He does consequetive cause-and-effect logic pretty well.
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