Month: April 2020

Government employees don’t pay enough taxes to cover their own salaries, and municipalities don’t have a printing press.

Private sector unemployed don’t pay taxes. Schools, police, and other government services aren’t free. Neither are pension liabilities that are due to retired government employees.

More federal bailouts are inevitable.

Muni bond issuers and investors call for rapid relief from the Fed

City of San Francisco complains that coronavirus fears have turned market ‘crazy’

https://www.ft.com/content/bce34af4-2c67-435f-a881-7c2fbaad31d7

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Gold is approaching it’s $1800 all time high while forming one of the most beautiful inverse head and shoulders patterns I’ve ever seen. 😘

I wonder who is going to win this battle, free money for everyone or Gold.

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Economic problems associated with changes implemented by communist governments result in famine and agricultural destruction.

It’s an old story wasted on the deaf ears of a populace busy grieving the presidential campaign suspension of their beloved socialist candidate.

Dairies Are Dumping Millions of Gallons of Milk While Stores Are Rationing It Due to the Coronavirus. What’s Going On? | Dan Sanchez, Tyler Brandt

During the Great Depression, government interventions impelled farmers to destroy crops and livestock even while American children were suffering from food deprivation and malnutrition. As the coronavirus lockdown continues to hogtie the economy, and as the government gets even more deeply into agri…

https://fee.org/articles/dairies-are-dumping-millions-of-gallons-of-milk-while-stores-are-rationing-it-due-to-the-coronavirus-what-s-going-on/

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Putin is doing it right. Wear a mask.

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The rent was too damn high.

Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent

Nearly a third of apartment renters didn’t pay any of their April rent during the month’s first week, according to new data providing the first hard look at how many Americans are struggling to make rent during the coronavirus pandemic.

https://www.wsj.com/articles/nearly-a-third-of-u-s-renters-didnt-pay-april-rent-11586340000

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If you missed out on buying a decent sized house for cheap during the 2008 financial crisis, you’ll get another chance soon enough.

Requests to delay payments rose 1,270% from 3/2 to 3/16, and another 1,896% from 3/16 to 3/30.

Retain employment and raise cash for a 20% downpayment.

Mortgage forbearance surges amid coronavirus pandemic

The Mortgage Bankers Association said Tuesday mortgage forbearance requests surged amid signing of a coronavirus relief bill last month, allowing many people to delay at least 90 days of monthly payments.

https://www.upi.com/Top_News/US/2020/04/07/Mortgage-forbearance-surges-amid-coronavirus-pandemic/5281586278010/

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That’s a great way to discourage people from getting tested.

Tested positive for coronavirus? Health workers may share your address with police

Police say the information helps first responders stay safe. But some privacy advocates and public health experts are raising concerns.

https://www.nbcnews.com/news/us-news/tested-positive-coronavirus-health-workers-may-share-your-address-police-n1178696

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The unseen of government action. Often, the road to hell is paved with good intentions. This right here is why liquor stores are an essential business. Pretty much says it all.

Relevant. (https://www.indystar.com/story/news/health/2020/04/03/coronavirus-indiana-how-get-help-mental-health-addiction/5104357002/)

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COVID-19 STRESS TEST – 2020-04-08

Countries over 4,000 cases, inc. Mexico, Taiwan, Singapore, and Hong Kong. Included is the 2020-04-01 stress test CFR, as well as the difference.

Previous stress test.

https://www.methylated.net/2020/04/01/covid-19-stress-test-2020-04-01/

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Here’s a tip for you all. If you’re tired of being stuck at home, but are a non-essential human being, neither the coronavirus nor Gavin Newsom’s Karen brigade can get you in virtual reality.

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