Are you personally worried about getting the Coronavirus?

[HawkGold]

I moved out of equities and stocks 18 months ago to fixed income instruments. My wife and I get our social security which we paid into our whole working lives, we make pretty modest interest due to the low interest rates which you call false, and we have our savings/investment principal as the backup.

So don't tell me about how I am living off other people during my retirement. Banks are making money off of me just like they make money off of all of us using our money. Have you even looked at the interest rates a brick and mortar bank are giving for savings accounts, they are super low but banks still make money off of your money. Equities are a crap shoot roulette table and only work well if you can time them or be in for the long haul of 30-50 years.

I'm not criticizing you and congrats about moving out of equities. My point is that almost everybody is not paying their own way. Even SS. It is a false narrative. I'll ask the same I asked PC. Do you drive? You don't really pay the real cost for the system. Do you fly? You don't pay the full cost. Do you use a library? Likely a grant involved and so on. Your hospital care? Someday a nursing home? Military protection?

 

[uihawk82]

PC, be serious. Let's break it down.

Illinois is a negative DC state. We pay in taxes to DC more than we get back. Iowa is a positive DC state. Iowa gets more than they pay in. In reality, you are living off Illinois (and other states Trump likes to bash and IS a part of Illinois economic woes.

You drive on a highway? You don't come close to paying your way. Your community gets grants for funding schools and libraries? You aren't paying your way. You likely will get more back in SS than you pay in.

You have a 401k/ESOP/IRA invested in equities? Sorry, but without Fed pumping your retirement is false and on the backs of others.

Let's be real. This isn't the beloved capitalism. It is a controlled economy. It will work until it doesn't. Then you will realize your false narrative. COVID 19 is moving it forward faster.

You ever going to need a hospital or nursing home? Likely...you got it, you won't really pay the real cost. The narrative about welfare is childish. We all live in it and benefit from it. I can guarantee the elite despise you.

Now I do agree with a lot of what you are saying in this post. US corporations import and export goods through ocean, air, train, and truck transit. The US military and Coast Guard get huge amounts, billions of dollars to keep the oceans, airways, and other transit safe and open. Yet I say that corporations do not pay near enough taxes to pay for their share of protecting their goods. Do corporations pay enough taxes for ports, airports, highway infrastructure ( I doubt it), and the police and fire departments to make them safe?

We definitely have corporate socialism with bailouts, set asides, price supports, etc to help businesses. But lawmakers and policy makers want the lower 50% of wage earners, most of whom hardly have much in equities, to make it pretty much on their own. Remember Warren Buffett saying his secretary pays a higher percentage of her income in taxes. Crazy.

 

[uihawk82]

I'm not criticizing you and congrats about moving out of equities. My point is that almost everybody is not paying their own way. Even SS. It is a false narrative. I'll ask the same I asked PC. Do you drive? You don't really pay the real cost for the system. Do you fly? You don't pay the full cost. Do you use a library? Likely a grant involved and so on. Your hospital care? Someday a nursing home? Military protection?

Read my very recent reply to you.

 

[HawkGold]

Now I do agree with a lot of what you are saying in this post. US corporations import and export goods through ocean, air, train, and truck transit. The US military and Coast Guard get huge amounts, billions of dollars to keep the oceans, airways, and other transit safe and open. Yet I say that corporations do not pay near enough taxes to pay for their share of protecting their goods. Do corporations pay enough taxes for ports, airports, highway infrastructure ( I doubt it), and the police and fire departments to make them safe?

We definitely have corporate socialism with bailouts, set asides, price supports, etc to help businesses. But lawmakers and policy makers want the lower 50% of wage earners, most of whom hardly have much in equities, to make it pretty much on their own. Remember Warren Buffett saying his secretary pays a higher percentage of her income in taxes. Crazy.

Yes, Crony Capitalism is a form of socialism. I first got to see it on a large scale in Ukraine.

 

[HawkGold]

Now I do agree with a lot of what you are saying in this post. US corporations import and export goods through ocean, air, train, and truck transit. The US military and Coast Guard get huge amounts, billions of dollars to keep the oceans, airways, and other transit safe and open. Yet I say that corporations do not pay near enough taxes to pay for their share of protecting their goods. Do corporations pay enough taxes for ports, airports, highway infrastructure ( I doubt it), and the police and fire departments to make them safe?

We definitely have corporate socialism with bailouts, set asides, price supports, etc to help businesses. But lawmakers and policy makers want the lower 50% of wage earners, most of whom hardly have much in equities, to make it pretty much on their own. Remember Warren Buffett saying his secretary pays a higher percentage of her income in taxes. Crazy.

Another false narrative. Iowa pays it's way. Illinois has a lot of problems and mismanagment...I get that. However, IL is a state that sends more money to DC than it gets back. Iowa is a receiver, paying less to DC than it gets back. It is a part of the problem.

 

[uihawk82]

Another false narrative. Iowa pays it's way. Illinois has a lot of problems and mismanagment...I get that. However, IL is a state that sends more money to DC than it gets back. Iowa is a receiver, paying less to DC than it gets back. It is a part of the problem.

I just listened to Sen. Murphy from Connecticut talking about comparing his state to Florida. Murphy's state he says consistently sends 10-20 billion more dollars to the Fed per year than what they get from the Fed. He said Florida is a big taker state and the Florida Senator Scott is making a big political stink about certain states like NY (which is a big giver state) should go bankrupt.

Yet Murphy says Florida doesn't have an income tax just a sales tax so you would think Florida could stop being such a big taker from the Fed, which is your and my tax dollars, by just having some level of income tax. No income tax yet a taker state, terrible.

This fits because Murphy said this covid time is a national disaster and he says he and the other Dem senators do not look at politics when there is emergency response needed. Remember Sen. Scott from Florida is their recent Gov who ran their state unemployment services into the ground so that people there are having trouble getting Covid relief unemployment so Scott not the best or sharpest of minds.

 

[Northside Hawk]

PC, be serious. Let's break it down.

Illinois is a negative DC state. We pay in taxes to DC more than we get back. Iowa is a positive DC state. Iowa gets more than they pay in. In reality, you are living off Illinois (and other states Trump likes to bash and IS a part of Illinois economic woes.

You drive on a highway? You don't come close to paying your way. Your community gets grants for funding schools and libraries? You aren't paying your way. You likely will get more back in SS than you pay in.

You have a 401k/ESOP/IRA invested in equities? Sorry, but without Fed pumping your retirement is false and on the backs of others.

Let's be real. This isn't the beloved capitalism. It is a controlled economy. It will work until it doesn't. Then you will realize your false narrative. COVID 19 is moving it forward faster.

You ever going to need a hospital or nursing home? Likely...you got it, you won't really pay the real cost. The narrative about welfare is childish. We all live in it and benefit from it. I can guarantee the elite despise you.

Or is this just fantasy?

 

[HawkGold]

Or is this just fantasy?

Well, you could make that case. I pointed out IL corruption. But the premise is still true.

 

[HawkGold]

I just listened to Sen. Murphy from Connecticut talking about comparing his state to Florida. Murphy's state he says consistently sends 10-20 billion more dollars to the Fed per year than what they get from the Fed. He said Florida is a big taker state and the Florida Senator Scott is making a big political stink about certain states like NY (which is a big giver state) should go bankrupt.

Yet Murphy says Florida doesn't have an income tax just a sales tax so you would think Florida could stop being such a big taker from the Fed, which is your and my tax dollars, by just having some level of income tax. No income tax yet a taker state, terrible.

Fractional reserve lending. It is the heartbeat of our standard of living. Yet, at best it is almost a ponzi scheme. It works until it doesn't. They we get bailouts and the bailouts favor too big to fail banks. But even in Iowa. Farm Credit has huge tax/regulatory advantages over commercial banks. The larger commercial banks can still compete in a different way, but still can.The small local banks can't compete on price and products. So they do crazy stuff on lending. Economic downturns create a situation where many banks of all sizes need "help". Sort of like biblical jubilee. Some small town IL banks were loaning 10500 on 12 to 13k land as Farm Credit held limits to about 5500. Small town ag banks (and big ones) got what was left. To get business they have to make loans that could almost be considered subprime.

COVID 19 just brings us back to reality. Gonna be a lot of pain, but will be smoothed some by the bailouts. Maybe things will snap back quickly. Not so sure.

 

[Ree4]

"The United States Attorney for Iowa's northern district is warning landlords looking to exploit vulnerable tenants during the COVID-19 pandemic that his office will hold them accountable. A news release issued from the office of US Attorney Peter Deegan, Jr. warns landlords demanding sexual favors in exchange for rent will be prosecuted.

The release states Deegan's office will target not just those landlords who demand sexual favors, but will also go after landlords sexually harassing tenants.

The National Multifamily Housing Council released information earlier this month that 31% of the 13.4 million renters in the nation did not pay their rent between April 1 and April 5. Many who couldn't pay on time lost wages or jobs as a result of the pandemic.

Deegan says, “My office will work with all available partners, including state, local, and tribal officials, to address sexual harassment in housing, especially during this national crisis. “We will use every means at our disposal to investigate, prosecute, and hold responsible anyone who sexually harasses tenants or prospective tenants. Combatting sexual harassment associated with housing has been a priority for the Department of Justice for years and it remains a priority during this unique time in history. Such conduct cannot be tolerated.”

Some landlords have been working with tenants to work out partial payments or a payment plan until they can get back on their feet.

For those who want to report incidents of sexual harassment in housing there are number of resources available. The US Attorney's office lists the Department of Justice’s Sexual Harassment in Housing Initiative at 1-844-380-6178 or email fairhousing@usdoj.gov. More information is also available here and here."

It's amazing to me that we can suspend people from working but can't suspend landlords from collecting rent. Gotta make sure to take care of the wealthy I guess!

 

[HawkGold]

It's amazing to me that we can suspend people from working but can't suspend landlords from collecting rent. Gotta make sure to take care of the wealthy I guess!

Sony is a big player in the Trump Admin. Trump needs the former Dixiecrats.

 

[RobHowe]

 

[uihawk82]

Just now listening to the head of the Intl Rescue Committee who says Somalia has only 4 ventilators in the whole country and conservative models show 38 poorer countries from sub Saharan Africa thru the middle east to Asia will get about 1 billion cases and 3.2 million deaths in the next 6 months. South Sudan with about 11 million people have done only 700 covid tests. He says they need those digital forehead thermometers, masks, more tests, etc.

I write this because this is a way to get US citizens back to work. A WW2, Manhattan and Apollo type programs to turn factories into decent socially distant places to make digital thermometers, masks, test kits, swabs, PPE and other needed items, financed through the IMF and World Bank to pay American companies cost plus a decent profit nothing big OR I DONT CARE IF US FED BUILDS AND RUNS THE INDUSTRIES AND MFG PLANTS FOR TWO YEARS..

But do this, and put millions back to work in mfg, supply chain, etc. Make needed goods for here and the world.

Some of you do not remember all the CARE packages of food and medicine the US would give to the world or the Berlin Airlift. We can do this.

Murphy also said all Dem senators are putting a bill to the floor to require the prez to invoke the DPA and make these needed items.

 

[Hawk1960]

Below is an excellent discussion titled, "Is Cooperation or Coercion the Answer to COVID-19?". Matt Kibbe is the host and he is President of Free the People, a group that is dedicated to promoting Libertarian ideals. As I posted earlier, your typical Libertarian approaches things differently than your standard one-sided media drenched liberal or conservative.

 

[Ree4]

A lot of studies coming out showing that Vitamin D deficiencies play a big role in whether or not people get severe infections, which could partially explain why African Americans have a disproportionate number of deaths compared to the rest of the population. Make sure and get some sunlight if you can!

 

[Northside Hawk]

Well, you could make that case. I pointed out IL corruption. But the premise is still true.

That wasn't where i was going. Look at my reply to especially the caption of the picture with the boy, then think classic rock songs! You will figure it out from there.

 

[HawkPrdatr40]

This thread is being completely ruined by a couple yahoos on the left. Have a great day!

 

[HawkGold]

That wasn't where i was going. Look at my reply to especially the caption of the picture with the boy, then think classic rock songs! You will figure it out from there.

My brain was in granny gear.

 

[HawkGold]

This thread has been completely ruined courtesy of the left. Have a great day!

You are into parallel reality. Covid 19 is forcing you to look at it.

I doubt you have voted more conservatively than me over the years.

Crony Capitalism is socialism.

While you argue left v right the left and right are in your pocket book. If you are a true right winger, you likely understand budgets. Tell me how you ve paid your way?

 

[HawkPrdatr40]

You are into parallel reality. Covid 19 is forcing you to look at it.

I doubt you have voted more conservatively than me over the years.

Front Capitalism is socialism.

While you argue left v right the left and right are in your pocket book. If you are a true right winger, you likely understand budgets. Tell me how you ve paid your way?

One exposed! Can a hear from 2