Covid 6.0

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GBRforLife1

Redshirt
Feb 18, 2020
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I don't get it. Listen to Cuomo's press conference from today. They said that there has only been one transfer from one hospital to another and that it wasn't over capacity related. It seems to me that if these hospitals were so overrun, that they would be transferring patients all over the place in relation to the plan that they have set out. That has not happened yet. The question is, will it ever?

No they'll let them die and put them in refrigerated trucks so the media can see and make a point.

And that point is GTFO of NYC asap.
 

yort2000

Junior
Jan 23, 2007
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So what part of that $$$ are you questioning? Sasse had a good point about this. The feds wanted to add $600 a WEEK to unemployment benefits....that's on top of what the state pays. Usually unemployment is about 50% of wages? So for a worker making $15 an hour= $2640 a month, half would be $1320. Plus $2400 feds. Now the monthly income on unemployment is $3720. How does that make sense,? I think that passed as part of the bill.

And, that is just appeasement to the masses. I'm in the process of filing "loan" applications where I work for 3 separate companies under the PPP part of the bill to get 2.5 times our monthly payroll costs. This is not really a loan, because if we pay that money out for payroll, rent, utilities, mortgage payments over the next 8 weeks after funding, the federal gov't forgives it all and we don't have to pay any of it back, including interest. $350 billion of grants out of thin air, a lot of which is going to end up in rich guys' pockets.
 

Huskertransplant

Freshman
Oct 6, 2018
971
88
0
I'm questioning shutting down the USA/most of the western world. How did this turn into a $2 trillion problem in the US and more worldwide? This is not some "Super Bug".
We will never know what would have happened ie cost of lives...if we wouldnt have done all these things. This really lends to ethics.....
 
May 2, 2005
94,699
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So what part of that $$$ are you questioning? Sasse had a good point about this. The feds wanted to add $600 a WEEK to unemployment benefits....that's on top of what the state pays. Usually unemployment is about 50% of wages? So for a worker making $15 an hour= $2640 a month, half would be $1320. Plus $2400 feds. Now the monthly income on unemployment is $3720. How does that make sense,? I think that passed as part of the bill.
Sasse caught a lot of crap for holding that up, but I understood where he was coming from. He was basically saying that by doing that, they were just giving companies an incentive to lay employees off knowing that the employee would have a fallback with the extra $600 a week.
 

Huskertransplant

Freshman
Oct 6, 2018
971
88
0
And, that is just appeasement to the masses. I'm in the process of filing "loan" applications where I work for 3 separate companies under the PPP part of the bill to get 2.5 times our monthly payroll costs. This is not really a loan, because if we pay that money out for payroll, rent, utilities, mortgage payments over the next 8 weeks after funding, the federal gov't forgives it all and we don't have to pay any of it back, including interest. $350 billion of grants out of thin air, a lot of which is going to end up in rich guys' pockets.
Wow....who wouldnt sign up. What's the negative for companies?
 

Huskertransplant

Freshman
Oct 6, 2018
971
88
0
Sasse caught a lot of crap for holding that up, but I understood where he was coming from. He was basically saying that by doing that, they were just giving companies an incentive to lay employees off knowing that the employee would have a fallback with the extra $600 a week.
And...really no incentive to work. Dont work....and get paid more!
 
May 2, 2005
94,699
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And, that is just appeasement to the masses. I'm in the process of filing "loan" applications where I work for 3 separate companies under the PPP part of the bill to get 2.5 times our monthly payroll costs. This is not really a loan, because if we pay that money out for payroll, rent, utilities, mortgage payments over the next 8 weeks after funding, the federal gov't forgives it all and we don't have to pay any of it back, including interest. $350 billion of grants out of thin air, a lot of which is going to end up in rich guys' pockets.
My wife owns a daycare. I told her that she should go out and get one of these “loans” to help pay the rent, utilities, etc and then close the daycare and file for unemployment. I was only half serious. Maybe. :D
 

yort2000

Junior
Jan 23, 2007
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My wife owns a daycare. I told her that she should go out and get one of these “loans” to help pay the rent, utilities, etc and then close the daycare and file for unemployment. I was only half serious. Maybe. :D

You have to keep 75% of your payroll over that period or the amount forgiven will be reduced.
 

yort2000

Junior
Jan 23, 2007
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298
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I was thinking in terms of lives lost...if we hadn't encouraged social distancing etc. I lived in Sweden for a year. Nope

Sweden will give us the percentages. You can base everything off of that. And, as far as lives lost. There have been far less lives lost over the past four weeks than the averages at this time for the past five years.
 

Huskertransplant

Freshman
Oct 6, 2018
971
88
0
I am sensitive to some of what is being put in place. Landlords can't evict renters for non-payment. What if this goes on for three months. I know someone who owns 50 units across town. He has mortgages. So he is out the money at the end of this? You know not everyone is going to catch up on rent. So what does the bank do with the owner who gets behind in bank notes....because the govt said renters couldnt be evicted?

We have created a lot of this ourselves. As a society we have demanded a lot of bail outs. Sure, I will take the $1200. But I wasnt expecting it....I dont think I am entitled....even though it has affected my work $$ a little bit
 

yort2000

Junior
Jan 23, 2007
2,267
298
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I am sensitive to some of what is being put in place. Landlords can't evict renters for non-payment. What if this goes on for three months. I know someone who owns 50 units across town. He has mortgages. So he is out the money at the end of this? You know not everyone is going to catch up on rent. So what does the bank do with the owner who gets behind in bank notes....because the govt said renters couldnt be evicted?

We have created a lot of this ourselves. As a society we have demanded a lot of bail outs. Sure, I will take the $1200. But I wasnt expecting it....I dont think I am entitled....even though it has affected my work $$ a little bit

I think under the bill, you can't evict if you have a government backed loan on the the property. Others are free to do so. However, the courts in that particular state may be closed at the moment holding up the eviction process. I'm in Missouri and the courts are closed until 5/1/20, but you can file now to get in line. A lot of property owners are getting 90 day pauses on their loans where they don't have to make payments for the next 90 days, no interest accrual, and the missed payments are made up on the back end.
 

Huskertransplant

Freshman
Oct 6, 2018
971
88
0
I think under the bill, you can't evict if you have a government backed loan on the the property. Others are free to do so. However, the courts in that particular state may be closed at the moment holding up the eviction process. I'm in Missouri and the courts are closed until 5/1/20, but you can file now to get in line. A lot of property owners are getting 90 day pauses on their loans where they don't have to make payments for the next 90 days, no interest accrual, and the missed payments are made up on the back end.
That's good
 

oldjar07

All-Conference
Oct 25, 2009
9,460
2,000
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So what part of that $$$ are you questioning? Sasse had a good point about this. The feds wanted to add $600 a WEEK to unemployment benefits....that's on top of what the state pays. Usually unemployment is about 50% of wages? So for a worker making $15 an hour= $2640 a month, half would be $1320. Plus $2400 feds. Now the monthly income on unemployment is $3720. How does that make sense,? I think that passed as part of the bill.
I agree the amount is probably too high and I'm surprised it was written the way it was. But even then that part of the bill was going to account for a small fraction of the funds. Would it really be worth delaying the emergency relief bill when you know damn well the Democrats are going to bring up the issue of oversight to companies who are also receiving funds? Everything in that bill including aid to hospitals, businesses, etc. could have been delayed weeks if the Republicans would have thrown a fit about unemployment being too high.
 

leodisflowers

Senior
Feb 25, 2011
14,801
808
0
My wife owns a daycare. I told her that she should go out and get one of these “loans” to help pay the rent, utilities, etc and then close the daycare and file for unemployment. I was only half serious. Maybe. :D

Your wife is a great woman, and the daycare system should be shown praise during this time as well. We are so grateful that our daycare has remained open and the steps they have taken to keep it clean in there. We've bought lunch twice now for all of the teachers and also are buying gift cards for groceries for the couple of teachers who work with our kids that are laid off. These are crazy times and daycare personnel are very underappreciated.
 
Aug 27, 2006
27,799
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I'm still waiting for a single email from anyone I do business with on any level telling me I don't have to make this months payment on whatever...haven't got one yet. Interesting, because for some reason my bank thinks I care about what they're recommendations are for the virus, or some car dealership I bought a car from years ago. If you ask me it's a sneaky way they're reminding us of our financial obligations even though they know many people are hurting and will be unable to pay their bills.
 
May 2, 2005
94,699
70,104
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Your wife is a great woman, and the daycare system should be shown praise during this time as well. We are so grateful that our daycare has remained open and the steps they have taken to keep it clean in there. We've bought lunch twice now for all of the teachers and also are buying gift cards for groceries for the couple of teachers who work with our kids that are laid off. These are crazy times and daycare personnel are very underappreciated.
She has really struggled with what to do with her daycare. She’s contacted the state to get guidance from them on what to do. It’s really made a lot more work for her with keeping the place clean and sanitized. Making sure the kids constantly wash and sanitize.

She put out a notice to the parents that of the child or a family member has a fever or any kind of sickness, to keep them home. She has parents that are bad about bringing kids when they are sick and then spreading it to others. She’s seen it all with them. I don’t know how many times a parent knows their kid has a fever, but loads them up on Tylenol and brings them anyway only to have it wear off a few hours later and the fever come back. I know parents struggle with work and kids but they don’t understand what it does to a daycare or school when they bring sick kids and expose them to other kids.

It’s really been a worry for us if she does have to close at some point, but we will get by. I don’t really want to have her apply for unemployment because the process looks painful. I was told by someone who has had to file that they were told that in a normal time that it would take 21 days to process their claim. Well, we know it isn’t a normal time right now.
 
May 2, 2005
94,699
70,104
0
Your wife is a great woman, and the daycare system should be shown praise during this time as well. We are so grateful that our daycare has remained open and the steps they have taken to keep it clean in there. We've bought lunch twice now for all of the teachers and also are buying gift cards for groceries for the couple of teachers who work with our kids that are laid off. These are crazy times and daycare personnel are very underappreciated.
She has really struggled with what to do with her daycare. She’s contacted the state to get guidance from them on what to do. It’s really made a lot more work for her with keeping the place clean and sanitized. Making sure the kids constantly wash and sanitize.

She put out a notice to the parents that of the child or a family member has a fever or any kind of sickness, to keep them home. She has parents that are bad about bringing kids when they are sick and then spreading it to others. She’s seen it all with them. I don’t know how many times a parent knows their kid has a fever, but loads them up on Tylenol and brings them anyway only to have it wear off a few hours later and the fever come back. I know parents struggle with work and kids but they don’t understand what it does to a daycare or school when they bring sick kids and expose them to other kids.

It’s really been a worry for us if she does have to close at some point, but we will get by. I don’t really want to have her apply for unemployment because the process looks painful. I was told by someone who has had to file that they were told that in a normal time that it would take 21 days to process their claim. Well, we know it isn’t a normal time right now.
 

GBRforLife1

Redshirt
Feb 18, 2020
13,913
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NorthwoodHusker

Sophomore
Jun 20, 2019
3,526
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So, the question that no one is asking, is that is it worth it? 7.8 billion people in the world. Total reported COVID-19 deaths to date 47,249. That percentage is infinitesimal. Was $2 trillion worth it? I know I'm going to come off as some insensitive ahole (who is probably going to get bad karma because my parents are high risk for death from CV), but look at the numbers. They don't add up. Let me list some numbers for you, just for the USA. Data from the CDC. Total annual deaths in the US 2,813,503.
  • Heart disease: 647,457
  • Cancer: 599,108
  • Accidents (unintentional injuries): 169,936
  • Chronic lower respiratory diseases: 160,201
  • Stroke (cerebrovascular diseases): 146,383
  • Alzheimer’s disease: 121,404
  • Diabetes: 83,564
  • Influenza and Pneumonia: 55,672
  • Nephritis, nephrotic syndrome and nephrosis: 50,633
  • Intentional self-harm (suicide): 47,173
The US is only (I know this is going to come as a shock to a lot of you) about 4.25% of the world's population. These global numbers are not even close to any of the major US causes of death. What has this printing of money bought us?
What is it? Better 99 guilty go free than one innocent is found guilty for something they didn't do.
The value is as we place it. Up to 2 million usa lives.
Are we worth a million bucks?
 

kerpal_68

Senior
Dec 12, 2005
120,770
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Starting to get worried they won't allow me to be in the room for the birth of my child in the next 6 weeks.
 

jflores

All-Conference
Feb 3, 2004
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6.6 million new unemployment applications. A total of ~10 million unemployed. Bank of America predicting 16-20 million unemployed during the recession. Apparently outpaces 2008.
 

jlb321_rivals110621

All-American
Aug 8, 2014
7,956
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That tent hospital to hold a whopping 64 patients?

The hospital ship is to treat non covid patients.


I believe there are approximately 44 med ICU beds at the Univ of Nebraska Med Center

64 beds would be the equivalent of adding 2-3 entire floors to a hospital tower
 
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Sporty

Senior
Jul 4, 2007
2,622
638
113
What I find interesting is there are people still down playing this as something like the flu. RIght now if the death rate keeps growing as it is two weeks from now the US will have 160,000 deaths on account of the coronavirus. IMO that puts in perspective why we should all be very concerned!
 

NorthwoodHusker

Sophomore
Jun 20, 2019
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6.6 million new unemployment applications. A total of ~10 million unemployed. Bank of America predicting 16-20 million unemployed during the recession. Apparently outpaces 2008.
Huge difference, forced by government layoffs vs lousy economy.
The new job market,commerce is fertile, no humps to jump, it's all there to restart in fertile ground.
Add in, if folks haven't cashed out their 401s etc, theyll be in a much better position to jump back in.

The stim package back then never got to the folks, and food stamps were encouraged, things never existed back then that are waiting for us today.
 

NorthwoodHusker

Sophomore
Jun 20, 2019
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What I find interesting is there are people still down playing this as something like the flu. RIght now if the death rate keeps growing as it is two weeks from now the US will have 160,000 deaths on account of the coronavirus. IMO that puts in perspective why we should all be very concerned!
It goes beyond just mortality rate. Those early warnings of folks having their lungs effected, having learned why, now I see why, many will be damaged for life after this. Flu just doesn't make that happen.
 

jflores

All-Conference
Feb 3, 2004
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Huge difference, forced by government layoffs vs lousy economy.
The new job market,commerce is fertile, no humps to jump, it's all there to restart in fertile ground.
Add in, if folks haven't cashed out their 401s etc, theyll be in a much better position to jump back in.

The stim package back then never got to the folks, and food stamps were encouraged, things never existed back then that are waiting for us today.

Yah I mean its not like the economy dropped out on its own. Other factors....kicking the financial can for decades and then force stopping the economy may just trigger those chain reactions. You don't just stop those by going back into the office.

The stimulus bill allows folks easy access to their 401k so that is something to keep an eye on. The fact that they added that function tells me they expect people to do it in large numbers.

Also remains to be see what structure remains in place after this is all over. If you lose a huge percentage of small business in the next couple months it'll be a slower start than it otherwise should have been (or even large business for that matter). On this point, the Donald has certainly been nervous.

There will be more stimulus, I'm fairly certain on that. But I could easily be wrong.
 

jflores

All-Conference
Feb 3, 2004
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What is it? Better 99 guilty go free than one innocent is found guilty for something they didn't do.
The value is as we place it. Up to 2 million usa lives.
Are we worth a million bucks?

I saw an article in the recent past that said the median net worth of Americans is about 97K. Assuming that your value is the amount of money you could expend to save yourself, then we're worth about 100k each.

Coincidentally, I believe the Dept of Labor will pay my wife 100k if I die as part of my federal death benefits. Its been a minute since I looked up the particulars on that.
 

Headcard

Heisman
Feb 2, 2005
192,507
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I saw an article in the recent past that said the median net worth of Americans is about 97K. Assuming that your value is the amount of money you could expend to save yourself, then we're worth about 100k each.

Coincidentally, I believe the Dept of Labor will pay my wife 100k if I die as part of my federal death benefits. Its been a minute since I looked up the particulars on that.
I bet she knows ;)
 
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