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April 22, 2020 06:37 AM UTC

Wednesday Open Thread

  • 26 Comments
  • by: Colorado Pols

“I said to my soul, be still, and wait without hope, For hope would be hope for the wrong thing.”

–T. S. Eliot

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26 thoughts on “Wednesday Open Thread”

  1. One interesting component of all this, while we are correctly focused on all the industries that are drastically reduced or completely shut down, a giant part of the economy is running at close to normal.

    In the software industry (what I know) there are some big losers, and some big winners (Zoom). But for a lot it's a lot more uncertain and some decisions are being delayed. But a lot of it is running at something close to normal.

    This will help a lot as things get turned back on. Because the majority of consumers will be worried about the virus, but they will likely go back to some semblance of normal purchasing behaviors.

    1. I’m sure you’ll return your SBA PPP loan, that used US taxpayer money to pay your employees to continue working and billing, when you find out your business was not actually negatively affected by the crisis. 

    2. Two friends working on software tell me their situations:

       * requests for program modification to better handle a much larger "work from home" workforce have increased, and the world-wide team he works with can schedule their calls a bit more easily.

       * one who primarily was doing data analysis has had to change long-established formulas to plug in WAGs of the impact of the new world on their business model.  Speculating about "seasonal demand" for their services has basically become a full-time, frequently modulating task.

      When they exchanged stories, both laughingly recognized demand = better job security (unless the whole enterprise tanks).

      1. My wife’s a software engineer, too. Her company builds systems for remote meetings and classroom learning using programs that allow participants to provide data and affect materials being used in real-time. Far from being in jeopardy, her company’s products are more in demand than ever.

    3. I know there are a lot of software engineers out there, but our economy is based on consumption. So when people in the bottom half of the economy stop going to Target or restaurants or Home Depot, how is the economy going to recover? Will the software engineers spend extra to make up for it?

        1. The clip actually reminded me of some of my really nice kin-folk when I was growing up. Probably a lot of nice people in these interviews, too. But just sad that they fell for the ultimate flim-flam man of our time.

    2. “You develop an instant global consciousness, a people orientation, an intense dissatisfaction with the state of the world, and a compulsion to do something about it. From out there on the moon, international politics look so petty. You want to grab a politician by the scruff of the neck and drag him a quarter of a million miles out and say, ‘Look at that, you son of a bitch.”

      ~Edgar Mitchell

    3. It seems mankind is engaged in a constant battle with the people they "elect" to rule them. There must be a better way to select our leaders . . . 

  4. (in my third-person *rump voice)

    NYT: Trump family seeks rent break for DC hotel from Trump administration

    The coronavirus pandemic is costing Trump Organization properties over a million dollars in lost revenue daily, according to The Wall Street Journal. The Washington Post reported earlier this month the company has laid off or furloughed nearly 1,500 employees at its hotels in the United States and Canada.

    For context, a stroll down memory lane: 

    Controversy Follows Donald Trump’s Winning Old Post Office Pavilion Bid

    Norman Groh, a hotel developer who led a team that included Hyatt and a proposed national Jewish museum. Like Metropolitan, Groh pointed to various Trump hotel and casino projects that either declared bankruptcy or defaulted on loans. As part of its protest to the GSA, Metropolitan included an 18-page list of such publicly documented cases.

    (Vanky with a straight face):

    Ivanka Trump forcefully stated that the company is ready and able to proceed with the project. “My father has never filed for bankruptcy and none of his properties have been foreclosed on. Metropolitan’s allegations are just baseless. As part of the RFP process, we submitted a full balance sheet and audited financials showing a net worth of $7 billion with over $300 million in cash alone,” she told The Washingtonian.

    (and they never miss a chance to miss a chance) 

    ‘He has to sell before he gets out of office’: Real estate investor to bid on Trump’s DC hotel

    Friedman noted, however, the 263-room property was underperforming. The hotel was 57% occupied in 2019, according to marketing materials released by a real estate firm hired by Trump’s company. 

    “I think he has to sell before he gets out of office, because it’s not going to get better — it’s going to get worse,” he said. 

    The Trump Organization said it was seeking as much as $500 million for the property, which Friedman said was not realistic.

  5. Expert claims reprisal for opposing virus drug Trump touted

     

    WASHINGTON (AP) — The head of a government agency combating the coronavirus pandemic alleged Wednesday that he was ousted for opposing politically connected efforts to promote a malaria drug that President Donald Trump touted without proof as a remedy for COVID-19.

    Rick Bright, former director of the Biomedical Advanced Research and Development Authority, said in a statement that he was summarily removed from his job on Tuesday and reassigned to a lesser role. His lawyers, Debra Katz and Lisa Banks, called it “retaliation plain and simple.”

    Controversy has swirled around the malaria drug hydroxychloroquine since Trump started promoting it from the podium in the White House briefing room.

     

    https://apnews.com/891831132bb34b915fc9c844392f1a11

    I want to see the facts about T***ps' ownership of manufacturers of Hydroxychloroquine made public. I have seen a couple  of reports about it, but looking forward to theYammie Pie trying to 'splain that one.

     

     

  6. CDC director tries to walk back remarks on coronavirus

     

    Centers for Disease Control and Prevention (CDC) Director Robert Redfield on Wednesday tried to temper remarks he made about the threat of a second wave of the novel coronavirus, saying the thrust of his comments was meant to urge Americans to embrace the vaccine for the flu.

    “I didn’t say that this was going to be worse. I said it was going to be more difficult and potentially more complicated because we would have flu and coronavirus circulating at the same time,” Redfield said at the top of a White House briefing Wednesday evening.

    https://thehill.com/homenews/administration/494224-cdc-director-tries-to-walk-back-remarks-on-coronavirus

    “I didn’t say that this was going to be worse. I said it was going to be more difficult and potentially more complicated

    I was watching when he said this…and everyone knows "more difficult" and "more complicated" is better…not worse.

    It hurts my head sometimes.

  7. The president and the network suddenly stopped hyping the drug treatment after mentioning it hundreds of times

    Trump previously touted a small French study which claimed to have a 100% success rate in treating coronavirus patients with the drug. The study has since been discredited by its publisher after it was discovered that researchers removed several patients who died or were moved into an intensive care unit from their results.

    I saw a report I can’t find which said T***p has an ownership interest in Sanofi, a French manufacturer of Hydroxychloroquine. I believe there are a couple of American companies involved, as well.

     

    Trump has not mentioned hydroxychloroquine at his coronavirus news briefings since last Tuesday, according to Politico. The president was asked about a study which found more deaths among COVID-19 patients at Veterans Health Administration medical centers who took the drug than those who did not on Tuesday. The study, which has not yet been peer-reviewed and was not a “rigorous experiment,” found that 28% of patients who received the drug and routine care died, compared to 11% who died after only receiving routine care.

     

    https://www.salon.com/2020/04/22/trump-and-fox-news-stop-hyping-hydroxychloroquine-as-nih-warns-against-using-it-to-treat-covid-19/

    1. The NYTimes came out with the story first, Duke. Trump and his family invest in a mutual fund , for which a  main stock is Plaquenil,the brand name for hydroxychloroquine. Then Gigglesinsani and the TVdoctors on Fox all started hyping it, probably more as a sensational “miracle cure” story about saving people from the virus and how the lame stream media is maliciously ignoring it than for pure profit.

      I understand that they want to let people just buy it over the counter without a prescription, incidentally depriving Lupus and RA patients of a drug they need for their conditions. That was what the whistleblower doctor said, anyway.  Is Cory Gardner in on this action yet?

      1. Right. I did not see that Forbes report, and as memory serves it didn't use the words small and distant. I will look for the other story that mentioned T***ps' attempts to get in on the American companies. Might be phony.

         

         

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