The Current Events, News, and Politics Thread
04-02-2020, 05:36 PM
This map shows which states are seeing the most job losses due to the coronavirus
"Another record-breaking spike in U.S. jobless claims hit Americans across the country, but varied in impact by state as each governor takes a different tact in slowing the spread of COVID-19.Claims for state unemployment benefits were most concentrated in Hawaii, Michigan, Pennsylvania, Kentucky and Rhode Island with claims of 73, 63, 62, 54 and 50 per 1,000 workers, respectively. The data is for jobless filings through the end of last week.
Those were the states that saw the most intense surges in claims when controlling for differences in the size of each state’s labor force.
Washington state, Massachusetts, Ohio and Louisiana also saw some of the most concentrated bumps in unemployment filings, according to the unadjusted Labor Department data."
"Another record-breaking spike in U.S. jobless claims hit Americans across the country, but varied in impact by state as each governor takes a different tact in slowing the spread of COVID-19.Claims for state unemployment benefits were most concentrated in Hawaii, Michigan, Pennsylvania, Kentucky and Rhode Island with claims of 73, 63, 62, 54 and 50 per 1,000 workers, respectively. The data is for jobless filings through the end of last week.
Those were the states that saw the most intense surges in claims when controlling for differences in the size of each state’s labor force.
Washington state, Massachusetts, Ohio and Louisiana also saw some of the most concentrated bumps in unemployment filings, according to the unadjusted Labor Department data."
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04-02-2020, 06:45 PM
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Anyone surprised?
JPMorgan says it’s not ready for small business loan applications as banks await Treasury guidance
KEY POINTS
JPMorgan says it’s not ready for small business loan applications as banks await Treasury guidance
KEY POINTS
- A few hours before the expected launch of a federal program to dole out at least $350 billion in loans to small businesses struggling amid the coronavirus pandemic, none of the participating banks interviewed by CNBC are sure they’ll be ready.
- From massive global institutions with trillion dollar balance sheets to regional banks and small local lenders, the companies all have one thing in common: They are awaiting key guidance from the Small Business Administration on exactly how to administer the program.
- “They’re not ready at all, they’re desperately awaiting guidance on how to do this,” said Ami Kassar, CEO of small business loan advisory firm MultiFunding. “I think it’s going to be a mess for weeks.”
https://nypost.com/2020/04/02/pelosi...virus-bailout/
Money should start flying out to SBA applicants in time to pay for the bankruptcy attorneys, or Labor Day - whichever comes first.
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04-02-2020, 07:02 PM
Anyone surprised?
JPMorgan says it’s not ready for small business loan applications as banks await Treasury guidance
KEY POINTS
JPMorgan says it’s not ready for small business loan applications as banks await Treasury guidance
KEY POINTS
- A few hours before the expected launch of a federal program to dole out at least $350 billion in loans to small businesses struggling amid the coronavirus pandemic, none of the participating banks interviewed by CNBC are sure they’ll be ready.
- From massive global institutions with trillion dollar balance sheets to regional banks and small local lenders, the companies all have one thing in common: They are awaiting key guidance from the Small Business Administration on exactly how to administer the program.
- “They’re not ready at all, they’re desperately awaiting guidance on how to do this,” said Ami Kassar, CEO of small business loan advisory firm MultiFunding. “I think it’s going to be a mess for weeks.”
There is simply no way for banks, regardless of size, to handle the flood of applications that are going to come in. There simply aren't enough trained people. For the Payroll Protection loans it is going to be a shitshow because it is a brand new program. The Disaster Relief loans might be a little better with the automatic $10k advance, but they need to be collateralized which will add time. Everyone will be screaming to get their loan proceeds, and the timelines are going to slip. My guess is a lot of people aren't going to get processed in time. Source: I'm a CPA who's been in contact with SBA lenders regarding this stuff on behalf of my clients.
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04-03-2020, 06:34 AM
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But the video was of Karen yelling at a teenager trying to leave his neighborhood in his car and threatening to call the cops on him while getting in his face and probably spitting on him...
found it on YT:
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04-03-2020, 07:10 AM
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The efficient government bureaucracy will save our businesses on schedule and on budget. We should trust and rely on government for everything.
Maybe we can get them to take over hospitals, too.
Maybe we can get them to take over hospitals, too.
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04-03-2020, 08:39 AM
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One option would be to use your smarts.
See, that's what I'm talkin' about. You are smart. 
(Also, that video was not worth the effort.)
found it on YT:
https://www.youtube.com/watch?v=ZsZsBX8EsGw
https://www.youtube.com/watch?v=ZsZsBX8EsGw
(Also, that video was not worth the effort.)
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04-03-2020, 10:14 AM
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How red tape has crippled America’s coronavirus response
https://marginalrevolution.com/margi...ome-tests.html
FDA Stops At-Home Tests
...
The tests are collected at home but the tests themselves are done in certified labs under quality-control standards (CLIA). It is of course possible, even likely, that tests collected at home are not as accurate as those collected by a trained nurse. But we don’t want trained nurses to be testing everyone–they have other things to do right now. Furthermore, some of these errors will be detected at the lab and can be fixed with a retest. False negatives are possible but going to a hospital or standing in line to get a test also comes with risk. False negatives will also become apparent to the extent that symptoms worsen at which time patients can seek medical assistance. Yes, of course, delay and false reassurance are also not without risk. Welcome to the world of tradeoffs. But at this point in time we need to unleash American ingenuity and enterprise and evolve our way to the frontier as conditions improve.
...
The tests are collected at home but the tests themselves are done in certified labs under quality-control standards (CLIA). It is of course possible, even likely, that tests collected at home are not as accurate as those collected by a trained nurse. But we don’t want trained nurses to be testing everyone–they have other things to do right now. Furthermore, some of these errors will be detected at the lab and can be fixed with a retest. False negatives are possible but going to a hospital or standing in line to get a test also comes with risk. False negatives will also become apparent to the extent that symptoms worsen at which time patients can seek medical assistance. Yes, of course, delay and false reassurance are also not without risk. Welcome to the world of tradeoffs. But at this point in time we need to unleash American ingenuity and enterprise and evolve our way to the frontier as conditions improve.
https://pjmedia.com/trending/unreal-...wing-machines/
UNREAL: FDA Sat on Critical Mask-Sanitizing Technology, Leaving the Job Up to Grandmas with Sewing Machines
https://www.wsj.com/articles/fda-sho...et-11585175286
FDA Shouldn’t Keep Safe Drugs off the Market
Congress’s mandate that medications be proved effective is unnecessary and delays potential cures.
Congress’s mandate that medications be proved effective is unnecessary and delays potential cures.
https://reason.com/2020/03/27/is-the...virus-testing/
Is the CDC to Blame for the Lack of Adequate Coronavirus Testing?
Reports from USA Today and ProPublica highlight CDC missteps that set back the United States' Covid-19 response.
Reports from USA Today and ProPublica highlight CDC missteps that set back the United States' Covid-19 response.
https://reason.com/video/the-fda-and...c-proportions/
The FDA and CDC's Coronavirus Response Is a 'Failure of Historic Proportions'
A Q&A with Alex Tabarrok, an economist at George Mason University and blogger at Marginal Revolution
A Q&A with Alex Tabarrok, an economist at George Mason University and blogger at Marginal Revolution
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04-03-2020, 10:45 AM
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Shocking.
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04-03-2020, 10:56 AM
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Serious question, hoping Joe will have some perspective since he's high up the food chain.
Does anyone have experience with ADA and employment lawsuits? As I have mentioned before, my lady has RA and is on two different drugs that suppress her immune system. She had to go to her RA specialist to give blood today, so her boss forced her to come into the office for the first time in 3 weeks.
He's knowingly putting her at risk for a possibly lethal disease to serve his own ego. I also have my mother contacting old colleagues at the DA office to see what we can do. I wish the ***** would just fire her.
Does anyone have experience with ADA and employment lawsuits? As I have mentioned before, my lady has RA and is on two different drugs that suppress her immune system. She had to go to her RA specialist to give blood today, so her boss forced her to come into the office for the first time in 3 weeks.
He's knowingly putting her at risk for a possibly lethal disease to serve his own ego. I also have my mother contacting old colleagues at the DA office to see what we can do. I wish the ***** would just fire her.
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04-03-2020, 11:58 AM
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Non-union.
If I could afford to maintain everything with out the help I get from her, I would have to told her to tell him to choke on a bag of dicks this morning. But if she quits, it will likely be hard to get unemployment, even with the current circumstances.
If I could afford to maintain everything with out the help I get from her, I would have to told her to tell him to choke on a bag of dicks this morning. But if she quits, it will likely be hard to get unemployment, even with the current circumstances.
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04-04-2020, 06:01 AM
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As Brain would say, that tweet by Miles Khan was "stunning and brave".
From some internet site:
"A non-profit business, also known as a not-for-profit organization, is a tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes. It is an incorporated business from which its shareholders or trustees do not benefit financially."
Plenty of businesses don't pay taxes just like plenty of people, too. And the tax laws say that's fine.
From some internet site:
"A non-profit business, also known as a not-for-profit organization, is a tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes. It is an incorporated business from which its shareholders or trustees do not benefit financially."
Plenty of businesses don't pay taxes just like plenty of people, too. And the tax laws say that's fine.
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04-05-2020, 12:12 PM
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Depending upon the laws in your state, she might have recourse after termination in the form of a civil suit claiming discrimination, but I'm definitely not a lawyer, and that's kind of the nuclear option. Litigation of that nature tends to take a while, and she might not want that cloud over her while also looking for a new position.
Anyway, since it's been a few hours since Brainey has accused anyone of promoting child ****, here's an excerpt from a user-survey which Facebook did recently:
https://www.theguardian.com/technolo...-sexual-images
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