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    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #301

    May 10, 2020, 08:24 AM
    Hey Tal. Guess who else is in the high risk group? 8D,not
    I went on a supplement regimin when I got the virus that included vit c 2,000 mg Vitamin D 5,000 IU (going to cut back on the d now that I can soak in the sun ) zinc 50 mg and L Glutathione 500 mg although I hear intervenious pushes are more effective . I also got extract of cinchona which has naturally occuring quinine . I mixed that with fresh squeezed lemons and added it to fresh brewed herbal tea that includes licorice root ,fennel ,peppermint ,and ginger . Drank it both as a hot and cold tea . (this is not official medical advice) .

    especially those who get the "essentials" label
    I consider most work essential and even knowing the risk ,was happy to report to work ,and am happy to be back . I feel bad for those who were sold a bill of goods with the promise of an enhanced unemployment check and in many cases have not received it yet.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #302

    May 10, 2020, 11:34 AM
    I feel bad for those who were sold a bill of goods with the promise of an enhanced unemployment check and in many cases have not received it yet.
    And even at that, it was all based on borrowed money. That is going to come back and seriously bite us at some point in the future.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #303

    May 11, 2020, 02:29 AM
    Everything in America is based on borrowed money. No matter what we do somebody is going to have to borrow money. That's how things are financed in America. Folks will eventually get those enhanced checks once states get them processed with their antiquated systems. Imagine not updating your software since you bought your device. Ever wonder how Wall Street can process many millions of transactions almost instantly and accurately? Or your credit card company? Or banks?
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #304

    May 11, 2020, 04:07 AM
    Everything in America is based on borrowed money. No matter what we do somebody is going to have to borrow money.
    First of all, that is not true. Secondly, in the private sector, if money is borrowed it is with the understanding that it will be repaid, so it is borrowed with care. With the feds, we have become such a stupid country that our pols borrow money with no intention of ever paying it back, so indebtedness just grows ever larger.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #305

    May 11, 2020, 04:38 AM
    Can't express it much better than this.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #306

    May 11, 2020, 05:54 AM
    Quote Originally Posted by jlisenbe View Post
    First of all, that is not true. Secondly, in the private sector, if money is borrowed it is with the understanding that it will be repaid, so it is borrowed with care. With the feds, we have become such a stupid country that our pols borrow money with no intention of ever paying it back, so indebtedness just grows ever larger.
    Government and the private sector have different tools and financing options and the problem with you wingers is you don't know that. The private sector NEVER finances projects with it's own money. They always borrow from investors or banks or markets by being able to show a profit.

    This stupid country of yours never needs to show a profit, just the ability to pay. If the best economy in the history of mankind can't manage it's finances during this health crisis then we are all in trouble. Was this just lip service or what?

    Pretty obvious your caged bird has no clue what he is talking about.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #307

    May 11, 2020, 06:16 AM
    What different tools and options are you referring to?

    The private sector frequently finances projects from that company's own reserves, so your statement is absolutely incorrect. They sometimes borrow money, and at other times they sell shares in the company to raise funds, but it's always with the idea in mind of paying any borrowed money back. Local governments sometimes do the same thing by selling bonds. What the feds do is different and greatly more dangerous. They have figured out that they can just spend and spend and spend, and simply borrow the money. So we get our goodies without the burden of having to pay for them, and people like you eat it up without so much as a thought about it. They borrow money with no intention whatsoever of ever paying it back, so the indebtedness just grows and grows. We are surviving now because interest rates are low, but the day is coming when that will not be the case, and then your theory is going to be shown to be a liberal mirage.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #308

    May 11, 2020, 07:47 AM
    Do one thing for me. Look at the chart here. Look at the column "Debt to GDP Ratio". Look at what happened during WW2 (a legit national emergency if there ever was one) and then for the ten or fifteen years afterward, and then begin in 2008 and look up to the present. Tell me if it doesn't cause a sizable lump to come up in your throat.

    This is not a conservative/liberal debate, or a repub/dem issue. It's a question of whether or not the laws of common sense have been rescinded for the federal government.

    https://www.thebalance.com/national-...events-3306287
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #309

    May 11, 2020, 10:41 AM
    Quote Originally Posted by jlisenbe View Post
    What different tools and options are you referring to?

    The private sector frequently finances projects from that company's own reserves, so your statement is absolutely incorrect. They sometimes borrow money, and at other times they sell shares in the company to raise funds, but it's always with the idea in mind of paying any borrowed money back. Local governments sometimes do the same thing by selling bonds. What the feds do is different and greatly more dangerous. They have figured out that they can just spend and spend and spend, and simply borrow the money. So we get our goodies without the burden of having to pay for them, and people like you eat it up without so much as a thought about it. They borrow money with no intention whatsoever of ever paying it back, so the indebtedness just grows and grows. We are surviving now because interest rates are low, but the day is coming when that will not be the case, and then your theory is going to be shown to be a liberal mirage.
    Google is your friend.

    Quote Originally Posted by jlisenbe View Post
    Do one thing for me. Look at the chart here. Look at the column "Debt to GDP Ratio". Look at what happened during WW2 (a legit national emergency if there ever was one) and then for the ten or fifteen years afterward, and then begin in 2008 and look up to the present. Tell me if it doesn't cause a sizable lump to come up in your throat.

    This is not a conservative/liberal debate, or a repub/dem issue. It's a question of whether or not the laws of common sense have been rescinded for the federal government.

    https://www.thebalance.com/national-...events-3306287
    Great site with enough embedded links that answer all your questions.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #310

    May 11, 2020, 10:43 AM
    That would be good since you plainly have no answers at all. Thus your "Google is your friend" silliness. I have never understood why you make statements for which you have no knowledge and no support whatsoever.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #311

    May 11, 2020, 11:37 AM
    How would you know that unless you did your own homework fact finding? You really should try it my way before you question my knowledge and support for my stated positions.

    Dismissing them out of hand is NOT your friend. You do better explaining why having a sick population benefits the economy, in both the short term and long term.

    Facts over feelings only please.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #312

    May 11, 2020, 12:49 PM
    Try it your way? OK. Here we go. "Hey everyone. I'm going to make wild claims, but don't ask me to support them. You look up this stuff for yourself." There you go.

    I haven't dismissed any of your contentions. I've just asked you to clarify.

    You do better explaining why having a sick population benefits the economy, in both the short term and long term.
    If I had ever made such a dumb comment, I would explain it. Since I never have, I won't.

    "Facts over feelings?" How about facts over old cliches.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #313

    May 11, 2020, 02:08 PM
    Quote Originally Posted by jlisenbe View Post
    Try it your way? OK. Here we go. "Hey everyone. I'm going to make wild claims, but don't ask me to support them. You look up this stuff for yourself." There you go.

    I haven't dismissed any of your contentions. I've just asked you to clarify.

    If I had ever made such a dumb comment, I would explain it. Since I never have, I won't.

    "Facts over feelings?" How about facts over old cliches.
    It's okay if you rather play smart mouth instead of serious discussion, but I challenged you to explore your own provided link, one that I keep in favorites by the way, and then dispute my wild claims.

    "You do better explaining why having a sick population benefits the economy, in both the short term and long term.".

    Also how in the world can you reopen an economy and sustain it to growth with rising sickness and death? Even Korea and Germany are facing this situation after bending their infection curve DOWN. Even China is may be coming on a second wave of infections as corona19 related illness in kids is being found.

    May I remind you my response was to your own posts? Your facts and data? I made no wild allegations. Just simple suggestions.




    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #314

    May 11, 2020, 03:44 PM
    It's okay if you rather play smart mouth instead of serious discussion, but I challenged you to explore your own provided link, one that I keep in favorites by the way, and then dispute my wild claims.
    This was your claim. "Government and the private sector have different tools and financing options and the problem with you wingers is you don't know that." I asked a simple question for the smart liberal to explain what those options were. Plainly you have no idea what you're talking about since you could not offer a single syllable of explanation.

    That is so funny. You challenged me to explore my own link? The one you could not comment on?

    "You do better explaining why having a sick population benefits the economy, in both the short term and long term.".
    Who said that?

    Also how in the world can you reopen an economy and sustain it to growth with rising sickness and death? Even Korea and Germany are facing this situation after bending their infection curve DOWN. Even China is may be coming on a second wave of infections as corona19 related illness in kids is being found.
    Ask Sweden how it's done.

    May I remind you my response was to your own posts? Your facts and data? I made no wild allegations. Just simple suggestions.
    Right.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #315

    May 11, 2020, 04:04 PM
    1. When I went to the link YOU provided there was so much embedded data, some I had read before that made copy/paste unnecessary, since all you had to do was click through it like I did. Maybe you draw a different conclusion but we both had the same information. IT WAS YOUR LINK!

    Okay I just didn't feel like copy and pasting for you today! Happy now?

    2. It was another challenge for your right wing conservative mind.

    3. I did examine Sweden and their curve is edging upward.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #316

    May 11, 2020, 04:34 PM
    Okay I just didn't feel like copy and pasting for you today! Happy now?
    Well, you could have simply explained it in your own words, especially since you claim to know what conservatives don't know. For that matter, you still can.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #317

    May 12, 2020, 01:12 AM
    I did and ask you to google and explore your own links. That throws you into a snit. To your debt question,

    https://seekingalpha.com/article/434...t-rate-markets

    The U.S. Department of the Treasury will issue significantly more debt than the market had expected in the wake of the COVID-19 crisis, including some $54 billion over the next three months in the form of 20-year bonds, according to an official announcement on May 6.

    The Treasury believes that there will be strong demand from investors for the 20-year bonds, which will allow the Treasury to finance its longer-term obligations at today's very low interest rates.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #318

    May 12, 2020, 03:21 AM
    I guess you providing links will have to suffice for an explanation in your own words. But since you have this down, why don't you explain this paragraph?

    “We continue to emphasize that this Fed will act aggressively and in particular that central banks are focused on safeguarding market functioning at this point, and will continue to provide liquidity in scale,” Ebrahim Rahbari, director of global economics at Citi Research. “However, despite the sharp initial risk rally, we think these measures will still not be sufficiently to durably stabilize market sentiment yet in light of credit concerns and escalating health concerns.”
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #319

    May 12, 2020, 05:35 AM
    Quote Originally Posted by jlisenbe View Post
    I guess you providing links will have to suffice for an explanation in your own words. But since you have this down, why don't you explain this paragraph?

    “We continue to emphasize that this Fed will act aggressively and in particular that central banks are focused on safeguarding market functioning at this point, and will continue to provide liquidity in scale,” Ebrahim Rahbari, director of global economics at Citi Research. “However, despite the sharp initial risk rally, we think these measures will still not be sufficiently to durably stabilize market sentiment yet in light of credit concerns and escalating health concerns.”
    The fed will do what it can, but we have a long way to go before things get better.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #320

    May 12, 2020, 06:11 AM
    That's your explanation? Hmmm.

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