News Coronavirus Thread

[kelman]

Just because I don’t like him doesn’t mean I can’t agree with him when he’s right. That’s the problem these days, people choose their team and everything their team does is right and everything the other team does is bad.

that is what you are doing.

most others are saying China, WHO and Trump have been negligent here.

 

[7577969923]

I’m no fan of Trump. Been very critical of him. Anyone that has engaged me on him knows this.


Why aren’t I allowed to include the travel ban? That’s just you trying to stack the cards for your argument. I’m not playing by your rules. That’s dumb

I'm not saying can't include the travel ban. I am conceding it as I think it was the right thing to do. From my observation, it is the only thing that supporters of Trump's response seem to cite. My personal opinion is that any benefit gained from the travel ban has been negated multiple times over by pretty much every other thing Trump has done in response.
You seem incredibly reluctant to critique Trump's response. I am keen to understand why?

 

[Snake_Baker]

that is what you are doing.

most others are saying China, WHO and Trump have been negligent here.

Who is "most others"

The politically blinkered/invested, or the media organizations that profit from it?

I'll give you a tip Kel, social media does not represent "most others", as elections in recent years have proven.

 

[7577969923]

Are you referring to when he bailed out the banks and bankrupted his citizens in one of the worst cases of corporate socialism in recent history?

What do you think would have happened to US citizens if the entire banking system collapsed?

 

[kelman]

Who is "most others"

The politically blinkered/invested, or the media organizations that profit from it?

I'll give you a tip Kel, social media does not represent "most others", as elections in recent years have proven.

I meant most others in this thread.

 

[DesertRoo]

Are you referring to when he bailed out the banks and bankrupted his citizens in one of the worst cases of corporate socialism in recent history?

Same thing trumps about to do with BlackRock?

 

[Snake_Baker]

You seem incredibly reluctant to critique Trump's response. I am keen to understand why?

It's fascinating to see people who provide no rational basis for their opinions, and then turn around and demand it from others.

Why not step forward and apply this to yourself first?

1) What are the underlying factors, if any, that formulated Trump's response?
2) How did you deduce the conclusion that this has been a failure?
3) Do you have any relative comparisons that you can table, because you must have this in order to make your call?

Do you even know why you have taken this position?

 

[Val Keating]

Same thing trumps about to do with BlackRock?

Yep. And people like Bernie & AOC voted it through. You know, the saviours of the working class.

 

[Roogal]

Are you referring to when he bailed out the banks and bankrupted his citizens in one of the worst cases of corporate socialism in recent history?

If he hadn't bailed out the banks then people across America would have also lost their savings in addition to their homes. Don't forget that the Australian Government and every government in the OECD at the time did excatly the same thing. Hardly an act of Socialism, but a responsible use of the taxpayers money being invested back to keep businesses which cannot afford to fail from going over. You have a weird sense of what true socialism is. Socialism is when all businesses are nationalised. As far as I am aware, none of the banks or car companies or other big businesses which the US government subsidised or bailed out finished up under Government ownership or control.

 

[Val Keating]

What do you think would have happened to US citizens if the entire banking system collapsed?

Kept their houses?

 

[Val Keating]

If he hadn't bailed out the banks then people across America would have also lost their savings in addition to their homes. Don't forget that the Australian Government and every government in the OECD at the time did excatly the same thing. Hardly an act of Socialism, but a responsible use of the taxpayers money being invested back to keep businesses which cannot afford to fail from going over. You have a weird sense of what true socialism is. Socialism is when all businesses are nationalised. As far as I am aware, none of the banks or car companies or other big businesses which the US government subsidised or bailed out finished up under Government ownership or control.

What if that money went to helping people rather then the banks?

 

[Roogal]

Kept their houses?

No they didn't, but if the US government hadn't responded to bail out the banks then tens of millions of Americans would have also lost ALL of their savings as well.

 

[7577969923]

Kept their houses?

How do you figure that? Most Americans did keep their houses. Most of the ones that didn't probably shouldn't have been loaned to in the first place.

If the banking system collapsed the US recession would have been far deeper and longer than it was. Many more businesses would've gone broke and people lost their houses.

 

[Roogal]

What if that money went to helping people rather then the banks?

If the banks hadn't have been kept afloat then nobody would have anywhere to put their money, and what money was left in banks would have evaporated. After all, banks are places where people put their money, it's not the banks money, the money which they hold belongs to their account holders, not their boards, or their shareholders ... The account holders. Is it fair to watch a massive banknlike the Commonwealth which holds 50% of Australians savings go over? No. The Rudd government underwrite all savings accounts as did the US government with their big banks.

I cannot believe that you are serious or are you just being argumentative?

 

[Snake_Baker]

How do you figure that? Most Americans did keep their houses. Most of the ones that didn't probably shouldn't have been loaned to in the first place.

So it's Clinton's **** up?

 

[Val Keating]

No they didn't, but if the US government hadn't responded to bail out the banks then tens of millions of Americans would have also lost ALL of their savings as well.

Do you know what corporate socialism is?

Using taxpayer money on corporations. It’s literally what they did. Do you know the figure they spent to do it? It’s a lot. Ask yourself, did they do it so people still had their savings or to bail out the banks and wall st? The banks took people’s houses, got bailed out by the government and here’s the kicker, the banks then sold those houses for a profit. The government did not give a **** about people.

 

[North Viking]

North Viking mentioned he does business over there and he was hearing rumors.

Can't see any reason for him to lie.

As mentioned previously a Colleague’s Father, who lived in Wuhan died of some sort of respiratory illness that the Doctors were unable to diagnose at that time. That was late August. To further add my colleague, A very well respected within my industry and educated Hubei native, that has studied abroad in Europe and the USA stated to me around Chinese New Year, that he believed it to be a an early form of the coronavirus. Though he doesn’t have any evidence.
At the time the Doctors states they were seeing many similar cases in Wuhan and were desperately trying to give he and his family answers. Around October November the Doctors simply stoped communicating with him.

I have no reason to not believe him. He is very suspicious of the CCP. Though he would never voice this publicly. He has also said to me that the cover up in Wuhan was immense and beyond even his comprehension of what the CCP and Local officials were even capable of.

Make of this what you will. Many other native Chinese from many different provinces and Australian Chinese people I know have voiced similar concerns on a cover up.

All I know is that we the ‘West’ can speculate on the severity, the origins till the cows come home, we will never know the full truth. That’s just how the CCP want it! Disinformation!

 

[year of the roo]

Can you guys take this boring af US politics debate somewhere else?

 

[Scallop Industry Thug]

Do you know what corporate socialism is?

Using taxpayer money on corporations. It’s literally what they did. Do you know the figure they spent to do it? It’s a lot. Ask yourself, did they do it so people still had their savings or to bail out the banks and wall st? The banks took people’s houses, got bailed out by the government and here’s the kicker, the banks then sold those houses for a profit. The government did not give a fu** about people.

And don’t forget the Obama administration put no safeguards in place to prevent that happening again.

It’s a ****ed system, Trump is just a more entitled, unintelligent, dumb racist outgrowth if it.

It’s on its knees now.

 

[DesertRoo]

If he hadn't bailed out the banks then people across America would have also lost their savings in addition to their homes. Don't forget that the Australian Government and every government in the OECD at the time did excatly the same thing. Hardly an act of Socialism, but a responsible use of the taxpayers money being invested back to keep businesses which cannot afford to fail from going over. You have a weird sense of what true socialism is. Socialism is when all businesses are nationalised. As far as I am aware, none of the banks or car companies or other big businesses which the US government subsidised or bailed out finished up under Government ownership or control.

“What we’ve done is disproportionately prop up poor-performing CEOs and boards, and you have to wash these people out.”

“Just to be clear on who we are talking about. We’re talking about a hedge fund that serves a bunch of billionaire family offices, who cares? They don’t get the summer in the Hamptons?” he said. “These are the people that purport to be the most sophisticated investors in the world.”

Chamath Palihapitiya: US shouldn't bail out hedge funds, billionaires during coronavirus pandemic

Chamath Palihapitiya, founder and CEO of investment firm Social Capital, said the U.S. shouldn't be bailing out billionaires and hedge funds during the coronavirus pandemic and should help out the general public.

www.cnbc.com

 

[Val Keating]

Can you guys take this boring af US politics debate somewhere else?

Yeah I will stop.

Fwiw I started off writing about my thoughts on China but it got turned into ‘what about America’ for some reason

 

[Gasometer]

It's fascinating to see people who provide no rational basis for their opinions, and then turn around and demand it from others.

Why not step forward and apply this to yourself first?

1) What are the underlying factors, if any, that formulated Trump's response?
2) How did you deduce the conclusion that this has been a failure?
3) Do you have any relative comparisons that you can table, because you must have this in order to make your call?

Do you even know why you have taken this position?

Haters gunna hate Snake

 

[krakouers]

Wat grinds my gears is his press conferences that are a train wreck and have been for the past 4 weeks. It’s like listening to my drunk Uncle at 3pm on Xmas Day

Now, c’mon, surely that’s unfair on your uncle?

 

[Gasometer]

I did say 'as long as you live close by.' I use the reason that I am one of her carers. My mum has Parkinson's and I check in on her regularly in addition to the home help program that she gets where people check in on her regularly. But I am recognised by her home care package providers as a carer.

From wat I have heard anecdotally today living close in Melbourne makes no difference

 

[D23D]

Can you guys take this boring af US politics debate somewhere else?

That's a great name for the thread title- boring af US politics!

Ok, ok, leave the boring bit from the title, but a dedicated US thread would be handy and appreciated!