Coronavirus General Discussion

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dualstow
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Re: Coronavirus General Discussion

Post by dualstow » Mon Jan 04, 2021 10:24 am

Libertarian666 wrote:
Mon Jan 04, 2021 10:21 am
dualstow wrote:
Mon Jan 04, 2021 10:18 am
SomeDude wrote:
Sun Jan 03, 2021 10:23 am
The Covid and Biden hoaxes ...
...
I've met two people on this forum who know firsthand that Covid is not a hoax.
Covid itself is not a hoax.
What is a hoax is the claim that it is so uniquely deadly that all of our civil rights must be suspended until it is completely gone.
Fair enough. I've turned something of a corner in that I think the damage to the economy does not warrant what they're doing to restaurants, for example. But I think "covid hoax" is too concise to let pass without comment.
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sophie
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Re: Coronavirus General Discussion

Post by sophie » Mon Jan 04, 2021 10:48 am

dualstow wrote:
Mon Jan 04, 2021 10:24 am
Libertarian666 wrote:
Mon Jan 04, 2021 10:21 am
dualstow wrote:
Mon Jan 04, 2021 10:18 am
SomeDude wrote:
Sun Jan 03, 2021 10:23 am
The Covid and Biden hoaxes ...
...
I've met two people on this forum who know firsthand that Covid is not a hoax.
Covid itself is not a hoax.
What is a hoax is the claim that it is so uniquely deadly that all of our civil rights must be suspended until it is completely gone.
Fair enough. I've turned something of a corner in that I think the damage to the economy does not warrant what they're doing to restaurants, for example. But I think "covid hoax" is too concise to let pass without comment.
Yeah, agree. COVID is a real virus and it is certainly a killer for vulnerable populations.

It's the response to COVID that's at issue. We're behaving as though it had the mortality of the Black Death. The lockdowns we're experiencing now are almost perfectly parallel to the measures put in place in 1347-49 - right down to the masks, travel restrictions, and Biden's isolation in his basement. That's the only known precedent for the current state of affairs. At least that I'm aware of. Anyone know of others?
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dualstow
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Re: Coronavirus General Discussion

Post by dualstow » Mon Jan 04, 2021 10:59 am

sophie wrote:
Mon Jan 04, 2021 10:48 am
Yeah, agree. COVID is a real virus and it is certainly a killer for vulnerable populations.

It's the response to COVID that's at issue. We're behaving as though it had the mortality of the Black Death. The lockdowns we're experiencing now are almost perfectly parallel to the measures put in place in 1347-49 - right down to the masks, travel restrictions, and Biden's isolation in his basement. That's the only known precedent for the current state of affairs. At least that I'm aware of. Anyone know of others?
I think at this point we should let people take calculated risks if they want to live their lives. No massive concerts in stadiums, but no arrests for 6 people in your own home because the neighbor told on you. (I saw that clip).
Balance.

Everyone has access to the info that's out there. Is it really a hoax, or are some gov'ts just being a little too heavy handed?
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Re: Coronavirus General Discussion

Post by vnatale » Mon Jan 04, 2021 12:01 pm

dualstow wrote:
Mon Jan 04, 2021 10:59 am

sophie wrote:
Mon Jan 04, 2021 10:48 am

Yeah, agree. COVID is a real virus and it is certainly a killer for vulnerable populations.

It's the response to COVID that's at issue. We're behaving as though it had the mortality of the Black Death. The lockdowns we're experiencing now are almost perfectly parallel to the measures put in place in 1347-49 - right down to the masks, travel restrictions, and Biden's isolation in his basement. That's the only known precedent for the current state of affairs. At least that I'm aware of. Anyone know of others?


I think at this point we should let people take calculated risks if they want to live their lives. No massive concerts in stadiums, but no arrests for 6 people in your own home because the neighbor told on you. (I saw that clip).
Balance.

Everyone has access to the info that's out there. Is it really a hoax, or are some gov'ts just being a little too heavy handed?


It is a typical government response of overkill. They do it out of fear that if they do not do so and something not good happens then they will be pilloried for not having done all that they could have done (and should have done with great hindsight). See response to 9/11. Classic overkill. It's actually the type of behavior the populace has demanded from their politicians. You must never not do anything that could have protected us from a bad outcome.

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Re: Coronavirus General Discussion

Post by tomfoolery » Mon Jan 04, 2021 12:13 pm

vnatale wrote:
Mon Jan 04, 2021 12:01 pm

It is a typical government response of overkill. They do it out of fear that if they do not do so and something not good happens then they will be pilloried for not having done all that they could have done (and should have done with great hindsight). See response to 9/11. Classic overkill. It's actually the type of behavior the populace has demanded from their politicians. You must never not do anything that could have protected us from a bad outcome.
Agree with my accountant 100%!!!

It’s classic, “show me the incentives and I’ll show you the outcome” or “every system is perfectly designed to get the results it achieves.

If the FDA allows a dangerous drug to be be released, the public will go crazy.

If the FDA withholds approval on a safe drug that saves lives, the outcry will be mute to non-existent.

Because it’s a lot easier to show the deaths caused by a dangerous drug approved incorrectly than it is to show the deaths caused by people not having access to a safe drug.

Since perhaps those people would have died anyway, even with access to the drug. We’ll never know for sure.

Thus, the incentives are aligned with over regulation. Especially since it generally means more power and larger budget to the regulators.

What happens to the CDCs budget and ability to hold press conferences that anyone gives a shit about after covid ends? Wouldn’t the CDC be incentivized to drag out covid as long as possible?
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Re: Coronavirus General Discussion

Post by dualstow » Mon Jan 04, 2021 12:26 pm

yep
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Re: Coronavirus General Discussion

Post by Tortoise » Mon Jan 04, 2021 12:40 pm

tomfoolery wrote:
Mon Jan 04, 2021 12:13 pm
What happens to the CDCs budget and ability to hold press conferences that anyone gives a shit about after covid ends? Wouldn’t the CDC be incentivized to drag out covid as long as possible?
Multiple physicians have told me they think the public health profession has seriously damaged its reputation in the eyes of the public as a result of the Covid mess.

That’s probably a big part of the reason why so many people are opting out of taking the vaccine. The public health professionals who are telling us the vaccine is safe are the same ones who have been telling us for nine months that Covid is the Black Death and that entire societies should be almost completely shut down to make things more convenient for 1% of the population.
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Re: Coronavirus General Discussion

Post by vnatale » Wed Jan 13, 2021 8:47 pm

This truly seems to have been accepted by all of us as the new normal as I was just shocked to see that no one had put anything here in this topic for nine (!!) days....

Vinny


Moderna CEO: We will have to live with COVID-19 ‘forever’

by Tyler Van Dyke, Breaking News Reporter | | January 13, 2021 07:53 PM


https://www.washingtonexaminer.com/news ... 19-forever
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Re: Coronavirus General Discussion

Post by Hal » Wed Jan 13, 2021 11:05 pm

On no....Not again!

https://www.rt.com/news/512142-victoria ... e-andrews/

I am interstate and now have to get a permit to return home :o
https://www.macrobusiness.com.au/2020/1 ... ity-award/
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Re: Coronavirus General Discussion

Post by pugchief » Thu Jan 14, 2021 6:56 am

vnatale wrote:
Wed Jan 13, 2021 8:47 pm
This truly seems to have been accepted by all of us as the new normal as I was just shocked to see that no one had put anything here in this topic for nine (!!) days....

Vinny


Moderna CEO: We will have to live with COVID-19 ‘forever’

by Tyler Van Dyke, Breaking News Reporter | | January 13, 2021 07:53 PM


https://www.washingtonexaminer.com/news ... 19-forever
The issue isn't living with Covid forever. We are living with the flu forever and go about our lives anyway. The issue is living with the masks, lockdowns and new draconian government power that Covid has brought that we can't endure.
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dualstow
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Re: Coronavirus General Discussion

Post by dualstow » Thu Jan 14, 2021 8:26 am

vnatale wrote:
Wed Jan 13, 2021 8:47 pm
This truly seems to have been accepted by all of us as the new normal as I was just shocked to see that no one had put anything here in this topic for nine (!!) days....
...
What else is there to say?
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Re: Coronavirus General Discussion

Post by sophie » Thu Jan 14, 2021 11:29 am

pugchief wrote:
Thu Jan 14, 2021 6:56 am
The issue isn't living with Covid forever. We are living with the flu forever and go about our lives anyway. The issue is living with the masks, lockdowns and new draconian government power that Covid has brought that we can't endure.
This is beautifully put pugchief...as usual!! I just couldn't resist adding a little coda: being FI with the PP has got to be the best possible situation to be in today, apart from being the CEO of Amazon. We're set no matter what happens now:

Possibility #1: end of lockdowns -> market keeps going, economy recovers, your PP does just fine.
Possibility #2: perennial or recurring lockdowns with permanent ongoing restrictions/mask mandates putting up social barriers and discouraging a return to normal life, with no endpoint in sight -> we dive into an outright depression . PP will do just fine (just keep that bond allocation going).
Possibility #3: regardless of lockdowns, this board gets identified as containing the wrong opinions/views, all of us are doxxed, and we are penalized in various ways. The most important being that we get fired and blacklisted from future employment.

So who is close to being FI? I think that should be everyone's #1 priority right now. I did my numbers in the beginning of January, and I'm 6 months away from a comfortable, well-padded retirement but could easily scrape by right now. I'm assuming a standard 4% safe withdrawal rate, a 27% discount to Social Security, average tax rate of 17% and adding a 10% expense cushion, increasing to 20% after age 70.

I've been mostly lurking guys, with really very little opportunity to post. I'm definitely enjoying the commentaries, and very much thankful that the forum has been able to get it together and keep the tradition going.
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