throwaway_USD

18 ms·

121.
by throwaway_USD 7y ago
If you have watched any of the daily Coronavirus Task Force Press Briefings you will no doubt have heard Trump championing "If I didn’t do that, we would’ve had hundreds of thousands more people dying"... To my understanding the b
122.
by throwaway_USD 7y ago
Ironically Trump refused to "shutdown" the States a decision he deferred to the Governors.
123.
by throwaway_USD 7y ago
>That's patently false...You can argue that U-6 is more meaningful in light of recent economic trends. But, no books have been cooked. Even U-6 removes people after 12 months...so yes there are 10's of millions who have not bee
124.
by throwaway_USD 7y ago
>The incentive for politicians to prop themselves up with the unemployment rate is clear. One of the funny things is when Trump ran in 2016 a big part of his campaign was acknowledging the fact that the unemployment numbers were a lie an
125.
by throwaway_USD 7y ago
>"What if people told me to put my 401k in index funds then half the companies on the index get wiped out due to a sudden policy 180?" Maybe it is time people paying into pensions and 401k's begin to understand they are sc
126.
by throwaway_USD 7y ago
It seems people don't realize how much $6T is and the effects of that kind of money being injected into the economy. Consider the 2008 housing bubble and financial crisis which was ultimately corrected with two stimulus packages total
127.
by throwaway_USD 7y ago
>Your analogy is only true on average. It is not an analogy it is math and how we commonly reference and understand federal debt. If you look at the US nation debt clock ( https://www.usdebtclock.org/ ) you will notice ne
128.
by throwaway_USD 7y ago
But even the Congressman is overlooking the fact that the stimulus bill was $6T, not $2T, the additional $4T went straight to the FED. Now the Congressman did divide the $2T by 150M to account for workers only; whereas, I divided $6T by 331
129.
by throwaway_USD 7y ago
Government indebted every US taxpayer $18,000+ on the promise of a $1,200 check per person...the remainder is given to the FED to "lend" back to taxpayers and businesses. In other words, imagine I took $18,000 from you, paid you $
130.
by throwaway_USD 7y ago
No they are just debtors...once they can't service their debt they are simply insolvent debtors whose assets will be foreclosed on.
131.
by throwaway_USD 7y ago
You have two very simple options: >option #1: a not for profit, so "the next Google" isn't owned by anyone. >option #2: give every user a non transferable share of in a for profit entity so users are owners of "the
132.
by throwaway_USD 7y ago
>The worker was exposed to covid-19, was told to quarantine, and came back on site anyway. worker was exposed to co-worker with covid-19; Amazon knowingly allowed exposed worker to continue working; when worker found out of the exposur
133.
by throwaway_USD 7y ago
$4T is going to the Federal Reserve...up to $1,200 will be going directly to taxpayers, to put the ratio in perspective, if the money was all going to taxpayers directly each taxpayer would be getting over $18,000, instead they will get $1,
134.
by throwaway_USD 7y ago
You seem to be referencing: >$340 million in Google Ads credits available to all SMBs with active accounts over the past year. Credit notifications will appear in their Google Ads accounts and can be used at any point until the end of 20
135.
by throwaway_USD 7y ago
What does that even mean? Is anything I said funny or incorrect?
136.
by throwaway_USD 7y ago
A quick googling returned nothing? Try "$6T stimulus" or read the Bill itself... It is true the vast majority of politicians and media are trying to not mention the $4T to the Fed for lending, I won't get into why that is ha
137.
by throwaway_USD 7y ago
>This is a choice Google is making on how it wants to conduct charity. Maybe they should choose not to maximize tax avoidance instead.
138.
by throwaway_USD 7y ago
>Google thinks Ads are the solution? No, they see their Ad sales declining, so they are trying to stimulate their own business with this act. "Grants" to new customers so they hopefully become buying customers in the future; l
139.
by throwaway_USD 7y ago
>Am I missing something more here? Apparently...they are doing the buy backs now (like right now) while they are flush with cash/no expenses, main street can't invest, and before they get their bailout cash. Never mind the buy
140.
by throwaway_USD 7y ago
>Or maybe they are buying because their factories have been shuddered and they have capital sitting with no other place to put it. That is one of my points: >because they are flush with cash, cut all costs
141.
by throwaway_USD 7y ago
>why the (millions?) of individuals whose actions are reflected in market prices from noise. Its not individuals buying, individuals sold to secure cash during this unknown period...it is the corporations themselves buying in bulk now, b
142.
by throwaway_USD 7y ago
The danger was businesses losing customers (revenue/income), which these initial numbers confirm...but on the other hand these jobless folks (and the whole country)just took out a $6T loan, of which $5.75T is going to these businesses
143.
by throwaway_USD 7y ago
Everyone should expect the stock market to thrive off this data today...
144.
by throwaway_USD 7y ago
I did an HN post this morning about Disney having the best day in company history yesterday...there is no rationality or reason for this, and sorry to every HNer I already mentioned the Keynes quote about the market remaining irrational lon
145.
by throwaway_USD 7y ago
They have been "donating" simply to get headlines so the American people complain until Trump apologizes for calling it a "Chinese virus", then China will agree to sell the US masks and price gouge the US. Trump apologi
146.
by throwaway_USD 7y ago
>All this article highlights is that you can't run the government as a business. To me it seems even worse than that...they are running it like a bunch of wantrepreneurs without a business idea or model. In fact they are completely
147.
Ask HN: Why are people investing in a cartoon mouse and not solutions
1 points by throwaway_USD 7y ago|0 comments
148.
Coronavirus Stimulus by House Creates New Digital Dollar(forbes.com)
2 points by throwaway_USD 7y ago|0 comments