After dark, not a car was seen on the road while walking the dog around the block.
Took a bike ride around again @ 10:30pm, everyone was home, cars parked.
Didn't see a car, didn't hear a traffic.
Calm as a Hindu cow, only different.
The bars are closed.
Movie theaters.
It will probably be (should be?) mandatory take out restaurant employees wear masks and gloves at some point.
A lot of freaked out people.
Like Wuhan, some folks around the New York area are fleeing elsewhere. Hundreds of dead, lines at the hospitals and not enough ventilators. Same thing happened in Italy before the lockdown of the whole country. It's spreading via panic.
The Feds waived the 10% penalty for taking 401k and IRA money out, but it will still be taxable, meaning more than a few are going to liquidate investments to get the cash out.
We spent a good chunk of dinner prep time making Phyllo dough Ricotta pastries which we have never done etc..., like riding around the block on bikes at night.
It was great fun, but probably not something that would happen otherwise.
The way we live is going to change.
If there’s less risk and higher return with a plan matching circumstances than forcing circumstances to fit a plan, relax, accept and embrace uncertainty, concentrate, question the status quo, consider the counter-intuitive, anticipate anticipation, find strength in weakness, weakness in strength and advantage in disadvantage.
Respect, listen, question, reflect, accept, balance, affirm, praise and improve by helping others.
Rise above and control emotion, respect momentum, adjust, accept responsibility and pay yourself forward.
Took a bike ride around again @ 10:30pm, everyone was home, cars parked.
Didn't see a car, didn't hear a traffic.
Calm as a Hindu cow, only different.
The bars are closed.
Movie theaters.
It will probably be (should be?) mandatory take out restaurant employees wear masks and gloves at some point.
A lot of freaked out people.
Like Wuhan, some folks around the New York area are fleeing elsewhere. Hundreds of dead, lines at the hospitals and not enough ventilators. Same thing happened in Italy before the lockdown of the whole country. It's spreading via panic.
The Great American Migration of 2020: On the move to escape the coronavirus https://t.co/T2KPpSOm35
— Abner Doon (@Aenbrnood) March 29, 2020
Scenes from India of mass exodus from the city are biblical. Destitute migrant workers are taking the virus to every corner of the subcontinent.
— Edward Luce (@EdwardGLuce) March 28, 2020
The Feds waived the 10% penalty for taking 401k and IRA money out, but it will still be taxable, meaning more than a few are going to liquidate investments to get the cash out.
We spent a good chunk of dinner prep time making Phyllo dough Ricotta pastries which we have never done etc..., like riding around the block on bikes at night.
It was great fun, but probably not something that would happen otherwise.
The way we live is going to change.
The great majority of mankind are satisfied with appearance
as though they were realities,
and are often more influenced by the things that seem than those that are.
Niccolo Machiavelli
Respect, listen, question, reflect, accept, balance, affirm, praise and improve by helping others.
Rise above and control emotion, respect momentum, adjust, accept responsibility and pay yourself forward.
There isn't actually any contradiction in the beliefs that (A) the virus is dangerous, (B) mass unemployment is dangerous, and (C) authoritarian government policies are dangerous. There needn't be any cognitive dissonance holding all three at once; they're not mutually exclusive.— Caitlin Johnstone ⏳ (@caitoz) March 28, 2020
Devastating thread about NYC officials’ firs response to virus. The health commissioner should obviously resign. https://t.co/5JK1xl0H42— Andrew Sullivan (@sullydish) March 28, 2020
"The whole "Rep, Dem" split in two rival camps is nothing more than theater meant to distract while those in control loot not only the here and now, but also rob the future generations blind. Pols on both sides are perpetuating the broken status quo for as long as possible.— Abner Doon (@Aenbrnood) March 28, 2020
I was bored. pic.twitter.com/bVoC0hyNzC— Andrew Cotter (@MrAndrewCotter) March 27, 2020
"April 1 will bring contract chaos when thousands of leaseholders decide not to pay, pushing a tide of unpaid debts from lessees to owners to banks—and sometime soon, a flood of litigation back from banks to owners to lessees.— Abner Doon (@Aenbrnood) March 28, 2020
"According to a 2016 JPMorgan study, the median independent retailer has enough cash to last 19 days; the median independent restaurant has enough for 16 days.— Abner Doon (@Aenbrnood) March 28, 2020
China Shuts Down All Cinemas, Again https://t.co/thQdw3oLBq via @thr— Abner Doon (@Aenbrnood) March 28, 2020
Just to put this week’s 18% bear market rally into perspective: S&P 500 bounced by 9%-19% six times between Sep and Dec2008, Goldman highlights. pic.twitter.com/KX1ubnP35u— Holger Zschaepitz (@Schuldensuehner) March 28, 2020
When this is all over and done with, and we're thinking about subpoenas, FOIA requests and investigating what really happened in China in a year or two, let us also not forget that the WHO Tweeted this on January 14. https://t.co/SgOrhP5aCD— Quoth the Raven (@QTRResearch) March 28, 2020
Stimulus bill lets Americans raid retirement accounts - CBS News https://t.co/jtwgLVtAu9 via @GoogleNews— Abner Doon (@Aenbrnood) March 28, 2020
Scary to say the least.— Otavio (Tavi) Costa (@TaviCosta) March 27, 2020
Not to mention both numbers are massively understated.
H/T @SoberLook pic.twitter.com/vuhX5y3q1T
On June 6, 2008, while Wells Fargo was in possession of undisclosed FED TAF loans, former Wells Chairman Richard M. Kovacevich purchased 40,398 of Wells Fargo stock valued at $1,052,367 and was not charged for Insider Trading and Securities Fraud.https://t.co/a4CnlcpRL3 https://t.co/FAbdOfiWq0 pic.twitter.com/0SD8pJzOxC— Abner Doon (@Aenbrnood) March 27, 2020
Get into as best physical cardio etc... shape as possible between now and when it's going to matter https://t.co/D0asjlyg0q— Abner Doon (@Aenbrnood) March 27, 2020
AIG Bailout $85B— Danielle DiMartino Booth (@DiMartinoBooth) March 27, 2020
QE Infinity GFC $85B/month
Today
1) $625B/week QE
2) De facto Yield Curve Control via QE price discretion
3) Commercial Paper
4) Municipals
5) CORPORATE BONDS
6) $4.5T lending facility
7) Small business lending
We’re running depressionary, not GFC, Fed policy https://t.co/hXmmRLRkvO
Here Is A Breakdown Of The $12 Trillion In Global Stimulus Passed This Month | Zero Hedge https://t.co/xyFDA9OcVT— Abner Doon (@Aenbrnood) March 27, 2020
This announcement of layoffs by United Airlines came literally a few hours after they got $25B in grants from the government so they wouldn't have to lay anyone off.— Matt Stoller (@matthewstoller) March 27, 2020
Congress is full of a bunch of fucking morons. https://t.co/UrNRiOIgbO
In addition, Anthem’s CEO said his company expects to realize a “net saving” because hospitals are canceling non-emergency & elective procedures due to COVID-19. And we already know insurers are refusing to waive copays & deductibles for COVID-19 treatments. (9/11)— Wendell Potter (@wendellpotter) March 26, 2020
Get ready to be outraged. The country’s big for-profit health insurers may actually be one of the huge winners from the pandemic. Among the few corporations to see big jumps in their stock price this week are Anthem, UnitedHealthcare, Cigna & Humana (where I used to work). (3/11)— Wendell Potter (@wendellpotter) March 26, 2020
What's your favorite Churchill quote? pic.twitter.com/IlqwTNx4Dq— Andrew Heaton 🎩 (@MightyHeaton) March 26, 2020
NIH failed to test coronavirus drugs, but studied drunk monkeys, soap operas, and tailgating instead. Wasteful spending may render 87.5 percent of studies useless, key expert warned agencyhttps://t.co/BEpyaABB5w— John Solomon (@jsolomonReports) March 27, 2020
— greenbot (@gr33nbot) March 24, 2020
Well, its like a large pizza, with 20 pieces— Ryan Lawrence (@RyanOfKalamazoo) March 25, 2020
Each piece is a trillion dollars
We are going to throw half of it in the trash by not letting people work.
Then we are going to cut the remaining 10 pieces into 2.6 slices each.
We can say we have 26 pieces
But somehow its only half
So anyway, the Fed literally creates "infinite" currency out of electrons, and hands it to hedge funds at 0%, but we're gonna a little more cash out of you. pic.twitter.com/Acul3NUNRb— Rudy Havenstein, Monetary Policy Trailblazer (@RudyHavenstein) March 26, 2020
Where did we get $2 trillion? The American people are catching on.— Andrew Yang🧢 (@AndrewYang) March 26, 2020
$2 trillion (Congress)— Thomas Massie (@RepThomasMassie) March 26, 2020
+$4 trillion (Fed & Treasury)
———————————
$6 trillion stimulus
$6 trillion divided by 350 million citizens = $17,000 per citizen
times a family of 4
=$68,000 per family of new national debt and dollar devaluation in this stimulus.
not a good deal
Somewhere in China there's a bat getting high-fives from every other animal he sees.— God (@TheTweetOfGod) March 26, 2020
Best economy of all time pre-shock managed to deliver 0% profit growth over a five-year span (as per today’s National Accounts earnings data for Q4). This market is still NOT cheap! pic.twitter.com/G6tXLDVCVF— David Rosenberg (@EconguyRosie) March 26, 2020
Breaking news- US tests negative for capitalism— James Marsh (@JamesMarsh79) March 25, 2020
Meanwhile, Ghislaine Maxwell has still not been arrested.— Michael Krieger (@LibertyBlitz) March 25, 2020
Your government is criminal.
"Based on what we have documented so far, it appears that the virus has a harder time spreading between people in warmer climates,” Uni of Maryland Institute of Virology prof.https://t.co/4575126o9T pic.twitter.com/2z5FicSxL6— Kabir Taneja (@KabirTaneja) March 25, 2020
I feel that 🙄 pic.twitter.com/KUU7wwZBnc— Calvin and Hobbes (@Calvinn_Hobbes) March 25, 2020
— Fred E ⚡️ (@Fredilly) March 24, 2020
Debt-based economies are fragile.— Pierre Rochard (@pierre_rochard) March 24, 2020
Savings-based economies are robust.
Keynesian economists were wrong.
Austrian economists were right. https://t.co/XsXuXgGw79
Without government, who would exploit a global pandemic to enrich special interests at the expense of citizens?— Bradley Thomas (@EraseState) March 24, 2020
This is our opportunity to reset, not to go "back to normal." Normal was sick and broken. pic.twitter.com/lfL0cHvizL— Michael Krieger (@LibertyBlitz) March 24, 2020
The Comprehensive Timeline of China’s COVID-19 Lies https://t.co/MgnRSJCgUy— Abner Doon (@Aenbrnood) March 24, 2020
A loss of smell or taste might be an early sign of infection with the pandemic virushttps://t.co/0fYVpSYy1b— Abner Doon (@Aenbrnood) March 24, 2020
"FDA granted Gilead Sciences “orphan” drug status for Remdesivir. allows the pharmaceutical company to profit exclusively for 7 years, which could block supplies to generic. Joe Grogan, who serves on the White House coronavirus task force, lobbied for Gilead from 2011 to 2017.— Abner Doon (@Aenbrnood) March 24, 2020
"Nearly half of the Diamond Princess cruise ship passengers and crew who tested positive for the novel coronavirus were asymptomatic at the time they were tested, according to a new report from the US Centers for Disease Control and Prevention.— Abner Doon (@Aenbrnood) March 24, 2020
"The coronavirus survived for up to 17 days aboard the Diamond Princess cruise ship, living far longer on surfaces than previous research has shown, according to new data published Monday by the Centers for Disease Control and Prevention.— Abner Doon (@Aenbrnood) March 24, 2020
"reported"... https://t.co/ycbTOdZ0uX— Abner Doon (@Aenbrnood) March 24, 2020
Rip the Band Aid Off https://t.co/h8Wyzf7FQj— Marc Cohodes (@AlderLaneeggs) March 23, 2020
"Biggest Lockdown In World History" – India Paralyzed As COVID-19 Crisis Unfolds | Zero Hedge https://t.co/KI92BR7csw— Abner Doon (@Aenbrnood) March 24, 2020
Probably already happening in the present. Already been overtly happening by Switzerland central bank. https://t.co/mcr0cL0S3x— Abner Doon (@Aenbrnood) March 23, 2020
@leadlagreport— Abner Doon (@Aenbrnood) March 23, 2020
Invests....;?
"The SNB invests its foreign currency mainly in bonds, with 20% in stocks of companies like Apple and Starbucks"https://t.co/5MoNintyGL
"U.S Treasury Secretary Steven Mnuchin is seeking to tap executives from Goldman Sachs Group Inc. and other Wall Street firms to help oversee more than $200 billion in bailout packages."— Michael Krieger (@LibertyBlitz) March 23, 2020
You almost just have to laugh at this point.https://t.co/7eqAObKamG
I think it’s just permanently Wednesday. https://t.co/KAYgu2LZbu— Victoria Guida (@vtg2) March 23, 2020
High blood pressure and Covid-19 with links etc... Guilford County NC at 11 cases https://t.co/KpTGFrBCc6— Abner Doon (@Aenbrnood) March 23, 2020