Coronavirus in Massachusetts (Boston, Russell: debts, territory, invest)

[AtkinsonDan]

Originally Posted by htfdcolt

Ah, the Fox News talking points. Gotcha!

Never mind the fact that the US has its own epidemiology experts in the public & private sectors, and a world class CDC. My point is--the world knew about this in early January regardless of what China did or didn't do up to that point. And had the US acted then, we would not have the infection rate nor fatalities we have now. Dr. Fauci said this publicly not long ago...you can look it up.

Calling a fact a Fox talking point does not negate its truth. You continue to brush off China's role in the pandemic. I won't do that.

[justyouraveragetenant]

Originally Posted by Robert5

I have not seen the video. But would say it is reprehensible to validate Youtube for politically motivated censorship.



You need to reread the definition of censorship. It does not have to be a government.

If you want to see the video or do not know about this website you can still watch the video.

https://www.bitchute.com/video/qfPryV6foI47/

Bitchute is a site like youtube but it does not censor videos. Videos that have been banned from youtube are often found on Bitchute.

[Steephill2]

Stock market getting close to pre crisis levels. Yet like 30 million ppl out of work. makes a lot of sense to me.

[AtkinsonDan]

Originally Posted by Steephill2

Stock market getting close to pre crisis levels. Yet like 30 million ppl out of work. makes a lot of sense to me.

Most of the companies forced to shut down completely are small businesses or privately owned businesses such as independent restaurants that do not issue shares of stock on the stock market.

[Steephill2]

Originally Posted by AtkinsonDan

Most of the companies forced to shut down completely are small businesses or privately owned businesses such as independent restaurants that do not issue shares of stock on the stock market.

Ahh I see, so issue stocks and all is well. Not big enough? Oh well good luck at getting this loan or fire your employees. Wall Street > Main street.

[AtkinsonDan]

Originally Posted by Steephill2

Ahh I see, so issue stocks and all is well. Not big enough? Oh well good luck at getting this loan or fire your employees. Wall Street > Main street.

I think it is more complicated than that. Most non-technological service businesses operate on razor thin margins and do not generate the annual incomes to expand to the point of going public and issuing stocks. A lot of the publicly traded companies have developed into operations that can be done remotely or require little face-to-face interaction with their customers so they can continue to operate during the shutdowns. A notable exception is Disney who had to close their largest operations.

[Steephill2]

Originally Posted by AtkinsonDan

I think it is more complicated than that. Most non-technological service businesses operate on razor thin margins and do not generate the annual incomes to expand to the point of going public and issuing stocks. A lot of the publicly traded companies have developed into operations that can be done remotely or require little face-to-face interaction with their customers so they can continue to operate during the shutdowns. A notable exception is Disney who had to close their largest operations.

So Starbucks and McDonald’s have little face to face interaction? Some mom and pop diners, coffee shops have little to no interest to expand, They are just looking to earn an honest buck. Sorry but it looks like they are out of luck here.

Also taxes may be going up next year as cities and states try to raise money for funding stuff that we kinda need, like public safety.

meanwhile trillions of dollars are being poured into the stock market to prop it up, essentially giving money losing businesses(and there’s lots of them that are publicly traded), more cheap sources of $$$$? Can someone please tell me I am wrong?

And why is this board arguing about other petty stuff and not focusing on these pretty serious issues?

[AtkinsonDan]

Originally Posted by Steephill2

So Starbucks and McDonald’s have little face to face interaction?

The drive-thru operations qualify as limited interaction

Originally Posted by Steephill2

meanwhile trillions of dollars are being poured into the stock market to prop it up, essentially giving money losing businesses(and there’s lots of them that are publicly traded), more cheap sources of $$$$? Can someone please tell me I am wrong?

The stock market is a source of passive income for retirees and a secondary source of income for working people. That is why it exists to allow corporations to raise money by issuing stock and ordinary people to make money by investing in stocks and receiving quarterly dividend payments.

[Steephill2]

Originally Posted by AtkinsonDan

The drive-thru operations qualify as limited interaction



The stock market is a source of passive income for retirees and a secondary source of income for working people. That is why it exists to allow corporations to raise money by issuing stock and ordinary people to make money by investing in stocks and receiving quarterly dividend payments.

Drive through? Really? That’s pretty weak. I’d like to know what Starbucks’ drive through revenues are compared to their face to face numbers. Also you are still interacting with someone unless they developed a robot arm to give you your coffee( I’m not aware of this?) It’s a company with a market cap of what $100b?

Perhaps retirees should look to move their money into more safe asset classes when they retire.

Last time I checked only 55% of Americans owned stocked. Sorry other 45%. Double sorry if you are part of the 45% and you own or work in small business.

[Shrewsburried]

Originally Posted by Steephill2

Stock market getting close to pre crisis levels. Yet like 30 million ppl out of work. makes a lot of sense to me.

The moment the fed bought high yield "junk" bonds, they indicated to the markets that not only were corporations too big to fail, but everything was.