The guy Trump fired at the NSC was not running some kind of program to defend us against pandemics. He was a Vindman type #Resister who had “called for” a strategy to contain a pandemic. NSC doesn’t actually do this kind of stuff anymore than they fight wars with guns in their hand. This is the job of the CDC, that’s why we give them all the money we do.
The CDC fucked this up, the “professionals” fucked this up. Trump deferred to the experts, to his shame.
But the other part of the story in Taiwan is the intrusive police state tactics, examining phone records, CCTV camera footage, etc, to trace down the contacts of infected people. Is that something we really wanted Trump to do? Or would the Democrats have been screaming bloody murder over that?
"He is absolutely responsible. His administration fired the U.S. pandemic response team in 2018 to cut costs." That was Bolton. Same administration, and I suppose in some way Trump has to responsible, but this notion you have of Trump systematically destroying our ability to respond to a virus outbreak to save the taxpayer a few million $ is absurd.
"fired the U.S. pandemic response team in 2018 to cut costs.”
Exaggeration to the point of lie. The person fired was responsible for writing white papers. Didn’t even work for the Center for Disease Control which is the government agency actually tasked with controlling disease. There was no “response team” in the NSC, whose job seems to be keeping a close eye on the Trump administration to make sure that Trump doesn’t interfere with the globalist agenda and Democrat graft.
It is very similar to the Bushes blowing up the Florida real estate market for their own short term gain.
Are you referring to the housing boom '05/6 while Jeb was Governor of Florida?? While 3.5 million people moved instate adding over a million jobs to the state's economy?? That comparison is too much of a stretch I think. Unless you are asserting Bush 2 was the one who drove the subprime lending crises???
But I do agree the bear market, which I think we will be coming out of by Nov, will have a political cost for him if the opposition can scream loud enough.
Both the WHO and CDC as well as the health professionals he is working with have said complementary things about the way he is handling this, so I'm guessing the left is shooting blanks. Again. Time will tell.
I guess that from the comments of the TDS suffers on this thread, what we need to confront and combat something like covid-19 isn't an incompetent like Trump, but a highly effective administrator like Joe Biden! Words fail me. But at least Biden isn't as monstrous as Bernie. Bernie admires regimes that put pandemic carriers into concentration camps.
Another thing is the widely circulating news that China is holding all the cards regarding our supply of pharmaceuticals. Who are people going to associate the need to return critical manufacturing to the US with?
If Althouse's prediction of 3 million dead comes true that's going to hurt his chances a lot, but there sure has been a run on hand sanatizer of late. I wonder if anyone's done an age study on who's responsible for that? Old people, who are at highest risk, can get pretty paranoid about their health. I'm washing my sneakers as we speak.
Women need to take extra protection from the coronavirus. Therefore, all women should stay away from gatherings if Joe Biden is there, because he might sneak up behind you, and stuff his infected face in your hair!
This is a terrible outbreak of the corona virus. Minnesota now has 9 that's NINE cases. We're all going to die! Stay home everyone! I'm heading to my bunker.
pacwest said... After a 10 year run Trump was all in on pumping it up more (you'll have your own opinion on why). Anyway, a bear market isn't that suprising on its own even without CV-1.
I have been saying this for the last two years. It is very similar to the Bushes blowing up the Florida real estate market for their own short term gain. And, its all fun and games until real voters start losing real money. I think your assessment of the voter's patience for this kind of thing is unrealistic. I could be wrong.
Talk about revising history and gaslighting! The housing "bubble" was on Clinton and the D congress, not Bush. Do you even read any actual history or just the NTY? Clinton and congress pushed for low down payment loans via freddie and fanny while their liberal pals used lawfare against ANY banks that wanted to see stuff like credit or income from low income folks, even if they were POC. All this drove up housing demand and prices while at the same time putting tons of low income folks into houses they could NOT afford! But it was ALL GOOD cause all the loans were Government backed! This gravy train just continued into the Bush terms. Anytime Bush tried to put on the brakes every major paper and every D in congress attacked him as hating POC and not wanting them to own homes. Once the train got rolling the speculators came in a started buying 2, 3 or more houses at a time to flip in a few months for profit. Some banks were greedy too (why not, Government backed thank you Ds) and by then the big banks involved were "too big to fail" and got bailed out when the S-hit-the-fan, so they got theirs and the little guys got screwed again, thanks Obama. But sure, it was all Bush's fault. Not any of the Dems that ran the oversite committees for freddie and fanny or any of the other congressional committees but boy did they all get rich!
What else you got? That the only reason Reagan got elected is cause me made a deal to not get the hostages released until after the election?
ehajm said... Market is limit up this morning. Based on the orders It will hit the breaker and when trading resumes will blow up on the upside. Hooray for President Trump!
Trump gives a speech that tanks global markets and we are going to grade on a curve?
You do know that we in flyover country are laughing at you idiots hoarding toilet paper. We are laughing at the sheer stupidity of the response to a minor flu variety. But mostly we are laughing at you taking the media at all seriously.
Remind me, who was the governor of Florida and President during the housing bubble?
3/13/20, 8:05 AM
That is JUST as ridiculous as blaming Trump for the "Russia, Russia, Russia" hoax because he was President during it. Congress controls all of that and you know it. Do better.
The Bushes pushed the housing bubble even when they had been warned about a bubble. Of course they have responsibility. They are not the only responsible ones but as President and Governor they have a major slice of responsibility.
They are both incompetents riding on Daddy's coattails.
"Congressman Frank, of course, blamed the financial crisis on the failure adequately to regulate the banks. In this, he is following the traditional Washington practice of blaming others for his own mistakes. For most of his career, Barney Frank was the principal advocate in Congress for using the government's authority to force lower underwriting standards in the business of housing finance. Although he claims to have tried to reverse course as early as 2003, that was the year he made the oft-quoted remark, "I want to roll the dice a little bit more in this situation toward subsidized housing." Rather than reversing course, he was pressing on when others were beginning to have doubts. His most successful effort was to impose what were called "affordable housing" requirements on Fannie Mae and Freddie Mac in 1992. Before that time, these two government sponsored enterprises (GSEs) had been required to buy only mortgages that institutional investors would buy--in other words, prime mortgages--but Frank and others thought these standards made it too difficult for low income borrowers to buy homes. The affordable housing law required Fannie and Freddie to meet government quotas when they bought loans from banks and other mortgage originators.
[more... stats and number]
Congressman Frank makes assertions about who was responsible, but he, like all those who hold his position, have no data. He says that the banks were responsible, but cannot challenge the numbers I have outlined above. These numbers show, beyond question, that it was government housing policy that caused the financial crisis. Even he has admitted it. In an interview on Larry Kudlow's show in August 2010, he said "I hope by next year we'll have abolished Fannie and Freddie ... it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it." "
Barney Frank admits he fucked it all over. Memory. Hole.
ARM wants us to forget that wonderful D-god, Barney Frank
Sorry BH, if ARM says it was not so, it was not so! How dare actual history and facts get in the way of his narrative! What are mere facts when up against ARM's TRUTH!
BCARM: Trump gives a speech that tanks global markets and we are going to grade on a curve?
Why yes, he did do that.
Amusing myself with trying to predict how this is going to be squared with the lefty article of faith that he doesn't give a damn about public health and his policies are motivated solely by re-election considerations and self-interest. How does this benefit a guy who's been touting the good economy and the go-go stock market as one of his top re-election selling points?
This is fun to do because, while for my own views I labor under the constraints of consistency and good faith, I know that lefties suffer no such limitations on their "any port in a storm" creative rationalization process.
You do know that we in flyover country are laughing at you idiots hoarding toilet paper. We are laughing at the sheer stupidity of the response to a minor flu variety. But mostly we are laughing at you taking the media at all seriously.
Years from now, this will be known as the toilet paper flu. Still would like to know what caused the toilet paper panic. Had to be a social media rumor. Twitter, Facebook, Reddit?
A commenter here with akid in the Navy claimed even the Navy is running out of toilet paper. Hysterical,literally..
As a moderate I doubt that Trump thought his speech was going to tank the market. I imagine that he thought it would appear very presidential. Once it became apparent that it did tank the market, I imagine that he started yelling at his advisors and blaming them. I have no evidence for any of this, other than the fact that the market tanked during Trump's speech, it didn't even wait for the speech to end.
BCARM: As a moderate I doubt that Trump thought his speech was going to tank the market.
Hey, I won my bet with myself. I predicted a variant of "Trump is too stupid to realize that things like travel bans will bitch-slap the market and cause economic damage", and you came through.
Glad I could help reinforce your world view. I still doubt he thought it would be the train wreck that ensued. Almost certainly there will be leaks that will reveal which scenario is correct. I am going with recriminations and yelling.
Angle-Dyne, Samurai Buzzard said... Your broker/financial adviser must dread dealing with your hysterics.
I don't really have a horse in the race at the moment. If it goes low enough I will go back. The collapse was reasonably predictable, although I thought it would happen earlier.
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235 comments:
«Oldest ‹Older 201 – 235 of 235The guy Trump fired at the NSC was not running some kind of program to defend us against pandemics. He was a Vindman type #Resister who had “called for” a strategy to contain a pandemic. NSC doesn’t actually do this kind of stuff anymore than they fight wars with guns in their hand. This is the job of the CDC, that’s why we give them all the money we do.
The CDC fucked this up, the “professionals” fucked this up. Trump deferred to the experts, to his shame.
But the other part of the story in Taiwan is the intrusive police state tactics, examining phone records, CCTV camera footage, etc, to trace down the contacts of infected people. Is that something we really wanted Trump to do? Or would the Democrats have been screaming bloody murder over that?
"He is absolutely responsible. His administration fired the U.S. pandemic response team in 2018 to cut costs."
That was Bolton. Same administration, and I suppose in some way Trump has to responsible, but this notion you have of Trump systematically destroying our ability to respond to a virus outbreak to save the taxpayer a few million $ is absurd.
"fired the U.S. pandemic response team in 2018 to cut costs.”
Exaggeration to the point of lie. The person fired was responsible for writing white papers. Didn’t even work for the Center for Disease Control which is the government agency actually tasked with controlling disease. There was no “response team” in the NSC, whose job seems to be keeping a close eye on the Trump administration to make sure that Trump doesn’t interfere with the globalist agenda and Democrat graft.
It is very similar to the Bushes blowing up the Florida real estate market for their own short term gain.
Are you referring to the housing boom '05/6 while Jeb was Governor of Florida?? While 3.5 million people moved instate adding over a million jobs to the state's economy?? That comparison is too much of a stretch I think. Unless you are asserting Bush 2 was the one who drove the subprime lending crises???
But I do agree the bear market, which I think we will be coming out of by Nov, will have a political cost for him if the opposition can scream loud enough.
Both the WHO and CDC as well as the health professionals he is working with have said complementary things about the way he is handling this, so I'm guessing the left is shooting blanks. Again. Time will tell.
I guess that from the comments of the TDS suffers on this thread, what we need to confront and combat something like covid-19 isn't an incompetent like Trump, but a highly effective administrator like Joe Biden!
Words fail me.
But at least Biden isn't as monstrous as Bernie. Bernie admires regimes that put pandemic carriers into concentration camps.
Another thing is the widely circulating news that China is holding all the cards regarding our supply of pharmaceuticals. Who are people going to associate the need to return critical manufacturing to the US with?
If Althouse's prediction of 3 million dead comes true that's going to hurt his chances a lot, but there sure has been a run on hand sanatizer of late. I wonder if anyone's done an age study on who's responsible for that? Old people, who are at highest risk, can get pretty paranoid about their health. I'm washing my sneakers as we speak.
Women need to take extra protection from the coronavirus. Therefore, all women should stay away from gatherings if Joe Biden is there, because he might sneak up behind you, and stuff his infected face in your hair!
Sorry ARM, no one with half a brain is going to blame Trump for this market drop.
If Obama were president he would have learned about coronavirus by reading the newspapers, like he did everything else.
"If Althouse's prediction of 3 million dead comes true ..."
3 million??? I missed that.
How many died in China?
Clearly, the best way to fight the panic is to sell the shares you bought last year for $100 for $80.
The parts of Biden’s plan that differ from Trump’s plan:
1: No travel bans at all whatsoever.
2: Free health care to anybody who manages to make it to the US.
Democrats are fucking children.
I wouldn't be surprised if Biden's mighty brain had already come up with two pairs of plans.
This is a terrible outbreak of the corona virus. Minnesota now has 9 that's NINE cases. We're all going to die! Stay home everyone! I'm heading to my bunker.
Beloved Commenter AReasonableMan said...
pacwest said...
After a 10 year run Trump was all in on pumping it up more (you'll have your own opinion on why). Anyway, a bear market isn't that suprising on its own even without CV-1.
I have been saying this for the last two years. It is very similar to the Bushes blowing up the Florida real estate market for their own short term gain. And, its all fun and games until real voters start losing real money. I think your assessment of the voter's patience for this kind of thing is unrealistic. I could be wrong.
Talk about revising history and gaslighting! The housing "bubble" was on Clinton and the D congress, not Bush. Do you even read any actual history or just the NTY? Clinton and congress pushed for low down payment loans via freddie and fanny while their liberal pals used lawfare against ANY banks that wanted to see stuff like credit or income from low income folks, even if they were POC. All this drove up housing demand and prices while at the same time putting tons of low income folks into houses they could NOT afford! But it was ALL GOOD cause all the loans were Government backed! This gravy train just continued into the Bush terms. Anytime Bush tried to put on the brakes every major paper and every D in congress attacked him as hating POC and not wanting them to own homes. Once the train got rolling the speculators came in a started buying 2, 3 or more houses at a time to flip in a few months for profit. Some banks were greedy too (why not, Government backed thank you Ds) and by then the big banks involved were "too big to fail" and got bailed out when the S-hit-the-fan, so they got theirs and the little guys got screwed again, thanks Obama. But sure, it was all Bush's fault. Not any of the Dems that ran the oversite committees for freddie and fanny or any of the other congressional committees but boy did they all get rich!
What else you got? That the only reason Reagan got elected is cause me made a deal to not get the hostages released until after the election?
Market is limit up this morning. Based on the orders It will hit the breaker and when trading resumes will blow up on the upside.
Hooray for President Trump!
Remind me, who was the governor of Florida and President during the housing bubble?
ehajm said...
Market is limit up this morning. Based on the orders It will hit the breaker and when trading resumes will blow up on the upside.
Hooray for President Trump!
Trump gives a speech that tanks global markets and we are going to grade on a curve?
You do know that we in flyover country are laughing at you idiots hoarding toilet paper. We are laughing at the sheer stupidity of the response to a minor flu variety. But mostly we are laughing at you taking the media at all seriously.
Beloved Commenter AReasonableMan said...
Remind me, who was the governor of Florida and President during the housing bubble?
3/13/20, 8:05 AM
That is JUST as ridiculous as blaming Trump for the "Russia, Russia, Russia" hoax because he was President during it. Congress controls all of that and you know it. Do better.
A Tale Of Two Pandemics: Media Downplayed Swine Flu Outbreak Under Obama
The Bushes pushed the housing bubble even when they had been warned about a bubble. Of course they have responsibility. They are not the only responsible ones but as President and Governor they have a major slice of responsibility.
They are both incompetents riding on Daddy's coattails.
ARM wants us to forget that wonderful D-god, Barney Frank
Hey, Barney Frank: The Government Did Cause the Housing Crisis
"Congressman Frank, of course, blamed the financial crisis on the failure adequately to regulate the banks. In this, he is following the traditional Washington practice of blaming others for his own mistakes. For most of his career, Barney Frank was the principal advocate in Congress for using the government's authority to force lower underwriting standards in the business of housing finance. Although he claims to have tried to reverse course as early as 2003, that was the year he made the oft-quoted remark, "I want to roll the dice a little bit more in this situation toward subsidized housing." Rather than reversing course, he was pressing on when others were beginning to have doubts.
His most successful effort was to impose what were called "affordable housing" requirements on Fannie Mae and Freddie Mac in 1992. Before that time, these two government sponsored enterprises (GSEs) had been required to buy only mortgages that institutional investors would buy--in other words, prime mortgages--but Frank and others thought these standards made it too difficult for low income borrowers to buy homes. The affordable housing law required Fannie and Freddie to meet government quotas when they bought loans from banks and other mortgage originators.
[more... stats and number]
Congressman Frank makes assertions about who was responsible, but he, like all those who hold his position, have no data. He says that the banks were responsible, but cannot challenge the numbers I have outlined above. These numbers show, beyond question, that it was government housing policy that caused the financial crisis. Even he has admitted it. In an interview on Larry Kudlow's show in August 2010, he said "I hope by next year we'll have abolished Fannie and Freddie ... it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it." "
Barney Frank admits he fucked it all over. Memory. Hole.
BleachBit-and-Hammers said...
ARM wants us to forget that wonderful D-god, Barney Frank
Sorry BH, if ARM says it was not so, it was not so! How dare actual history and facts get in the way of his narrative! What are mere facts when up against ARM's TRUTH!
Barney Frank hit his stride during the Clinton years.
The cool part is whenever unintended consequences hit the fan, the D-party is never to blame.
This, after 37 years in the Senate and 8 years near the White House.
BCARM: Trump gives a speech that tanks global markets and we are going to grade on a curve?
Why yes, he did do that.
Amusing myself with trying to predict how this is going to be squared with the lefty article of faith that he doesn't give a damn about public health and his policies are motivated solely by re-election considerations and self-interest. How does this benefit a guy who's been touting the good economy and the go-go stock market as one of his top re-election selling points?
This is fun to do because, while for my own views I labor under the constraints of consistency and good faith, I know that lefties suffer no such limitations on their "any port in a storm" creative rationalization process.
Blogger Megthered said...
You do know that we in flyover country are laughing at you idiots hoarding toilet paper. We are laughing at the sheer stupidity of the response to a minor flu variety. But mostly we are laughing at you taking the media at all seriously.
Years from now, this will be known as the toilet paper flu.
Still would like to know what caused the toilet paper panic. Had to be a social media rumor. Twitter, Facebook, Reddit?
A commenter here with akid in the Navy claimed even the Navy is running out of toilet paper. Hysterical,literally..
Angle-Dyne, Samurai Buzzard said...
lefties
As a moderate I doubt that Trump thought his speech was going to tank the market. I imagine that he thought it would appear very presidential. Once it became apparent that it did tank the market, I imagine that he started yelling at his advisors and blaming them. I have no evidence for any of this, other than the fact that the market tanked during Trump's speech, it didn't even wait for the speech to end.
BCARM: As a moderate I doubt that Trump thought his speech was going to tank the market.
Hey, I won my bet with myself. I predicted a variant of "Trump is too stupid to realize that things like travel bans will bitch-slap the market and cause economic damage", and you came through.
Glad I could help reinforce your world view. I still doubt he thought it would be the train wreck that ensued. Almost certainly there will be leaks that will reveal which scenario is correct. I am going with recriminations and yelling.
Wow, just an excuse to raise funds.
BCARM: I still doubt he thought it would be the train wreck that ensued.
"Train wreck"? You really do freak out over market fluctuations, don't you? Your broker/financial adviser must dread dealing with your hysterics.
Almost certainly there will be leaks that will reveal which scenario is correct. I am going with recriminations and yelling.
This is better. Stick with msm gossip. It keeps you out of the hair of serious people.
Angle-Dyne, Samurai Buzzard said...
Your broker/financial adviser must dread dealing with your hysterics.
I don't really have a horse in the race at the moment. If it goes low enough I will go back. The collapse was reasonably predictable, although I thought it would happen earlier.
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