Originally posted by Patient_Leech
Well in Brazil, a country without such a corporate propaganda machine presence, they're already calling for Bolsonaro to be ousted for how badly he's bungled it. And he handled it about the same as Trump...Millions of Brazilians Protest from Windows and Balconies Demanding President’s Ouster
Lol nice spin, but most of the propaganda here hasn't been pro Trump.
Originally posted by dadudemon
I was reading about this.What's the problem? Did he break the law? If he didn't, good for him for taking advantage of the situation to get maximum benefit.
If he broke the law, why does the law exist and what is the goal?
Are you kidding? Manipulating the market by saying everything is okay and then selling? You've got to be joking. Of course that's wrong.
Yeah, maybe there's not a specific law against it, but that's because it's like the highest form of corruption.
facepalm
Originally posted by Patient_Leech
Are you kidding? Manipulating the market by saying everything is okay and then selling? You've got to be joking. Of course that's wrong.Yeah, maybe there's not a specific law against it, but that's because it's like the highest form of corruption.
facepalm
I agree with you...what Burr, Feinstein, and others have done is wrong.
Originally posted by Patient_Leech
Are you kidding? Manipulating the market by saying everything is okay and then selling? You've got to be joking. Of course that's wrong.
Why?
I do similar things just like that to get the best deals when negotiating contracts. I'm praised for being an excellent tactician and an amazing negotiator. Back pats, bus cheers, etc.
The "environment" didn't go to shit for weeks after he sold his shit. Weeks. And we hit record highs after his actions.
Originally posted by Patient_Leech
Yeah, maybe there's not a specific law against it, but that's because it's like the highest form of corruption.facepalm
Is it corruption if it's not illegal?
Here's what I think your position is, "I am upset that he took advantage of the situation to make the most money possible while staying within the law."
But why are you upset? Who was harmed by his actions?
I need to understand the outrage. Keep in mind, I am very socially liberal. Quite libertarian when it comes to things like this. If there are no victims, there should be no crime (for the most part). I don't fall for the religious outrage that seeks to shame people for doing things that harm no one. I most certainly do not support this kind of shaming and outrage for victimless actions of selling stocks weeks ahead of a crash.
Broseph...
It's one thing to sell when you know the stocks are going to crash. But it's entirely another thing to be a person in power and to misinform the public by claiming nothing bad is coming in addition to selling when you know it's going to crash. That is a complete violation of the position you hold as an elected official.
Originally posted by Patient_LeechLike I said, as a politician, this is disgusting.
Broseph...It's one thing to sell when you know the stocks are going to crash. But it's entirely another thing to be a person in power and to misinform the public by claiming nothing bad is coming in addition to selling when you know it's going to crash. That is a complete violation of the position you hold as an elected official.
Originally posted by Patient_Leech
Broseph...It's one thing to sell when you know the stocks are going to crash. But it's entirely another thing to be a person in power and to misinform the public by claiming nothing bad is coming in addition to selling when you know it's going to crash.
But it's true: there was almost nothing bad came except inappropriate panic and mass hysteria. The bad part came from the media overplaying this and causing mass hysteria.
At the time, I would have called bullshit on it, as well.
Also, you'll have to prove that these same people don't buy and sell stocks in chunks like that at all.
Originally posted by Patient_Leech
That is a complete violation of the position you hold as an elected official.
That is not. Not at all. There is no rule that says you cannot buy and sell stock. It does not constitute insider trading, as well.
Your argument is thus: "I just don't like it that a politician sold stock."
Where's your argument about the stock market hitting records after he sold his stock? And did he sell his stock immediately after the briefing (no, it was days). And did he purchase any stock after the briefing (he did).
Did anyone besides Republicans do this (they did: millions did)?
Where's your outrage about the Dems doing this (absent from the conversation)? Is your outrage just partisan outrage and is not legitimate at all (finally, a scoop of truth about the topic)?
I'm about to buy large amounts of stocks. I'm a bad person taking advantage of the situation, right? I know more than these politicians do about the situation. So I'm unethically violating "rules", right?
COVID-19 Daily Update:
My original estimate for a true mortality rate is 0.1%-0.5%. As long as we keep getting more tests done, we should see those figures drop that low. The majority of people are asymptomatic and the figures we have are still grossly skewed towards the sick (such as the 1 out of 5 people have to be hospitalized figure - that is an impossible figure to maintain once you look at population totals instead of the micro-sets of only sick people being measured).
We will see this happen as people are more openly tested.
Greatly looking forward to the CDC's updates on the seasonal flu - I am hoping those figures improved as well.
Graphs will be done for tomorrow's figures.
Originally posted by Patient_Leech
Dude, you're not listening at all. You're leaving out the crucial detail of misinforming the public.
That's an outright lie on your part - I directly addressed this particular argument, here:
But it's true: there was almost nothing bad came except inappropriate panic and mass hysteria. The bad part came from the media overplaying this and causing mass hysteria.At the time, I would have called bullshit on it, as well.
Also, you'll have to prove that these same people don't buy and sell stocks in chunks like that at all.
Originally posted by Patient_Leech
Enough with the gaslighting.
I asked several valid questions that you did not answer. Because if you try to honestly answer them, you'll poke holes in your faux outrage. Instead, you dodge with the 'gaslighting' reply to avoid addressing the weaknesses in your position.
Great, your whole argument comes down to the idea that you think this isn't a bad situation. It's hunky dory, huh.
Well, you're delusional.
I mean, we can hope it's not going to be as bad for us as certain other countries, but we have to assume the worst and we know these Senators knew and intentionally lied about it.
Originally posted by Patient_Leech
Great, your whole argument comes down to the idea that you think this isn't a bad situation. It's hunky dory, huh.Well, you're delusional.
That's a strawman. That is not my position. You can characterize any opinion and then mock it. But it's rather dishonest and frankly, douchy to do that. Don't be a douche.
You're upset because I poked holes in your complaints about stocks. Check your emotions and engage with logic and your intellect.
Originally posted by Patient_Leech
I mean, we can hope it's not going to be as bad for us as certain other countries, but we have to assume the worst and we know these Senators knew and intentionally lied about it.
They didn't lie. People telling us this had a mortality rate of 2%-5% lied. It we knew the entire time it was weaker than common flu strains. I've quoted the WHO talking about this. No one is talking about the record deaths of children with the flue and the near epidemic levels of death with the flu - just COVID-19.
When we have former directors of the CDC telling us to calm the f*ck down that the mortality rate is likely less than 1%, exercise caution on how you consume this initial data, etc. etc. bla bla, you can only pretend that the politicians are these tricky bastards giving us false information. Your suspension of disbelief needs to be retrieved from the same toilet where you shit your logic.
I still have several questions about this very topic that you're avoiding:
1. Where's your argument about the stock market hitting records after he sold his stock?
2. Why are you and everyone like pretending like he sold his stock immediately after the briefing (when it was days)?.
3. Why are you and everyone like pretending like he didn't also purchase stock after the briefing (because he did as well as millions of others)?
4. Why are you and everyone like you pretending only Republicans sold stocks after the briefing (millions did and it was in the news before then, as well)?
5. Where is your outrage about the Dems doing this as well?
6. Do you understand that you and everyone like you have outrage that makes you look like partisan hypocrites?
7. I'm about to buy large amounts of stocks. I'm a bad person taking advantage of the situation, right? I know more than these politicians do about the situation. So I'm unethically violating "rules", right?
Originally posted by Blakemore
DDM, I thought you of all people on here would understand exponential growth.
Exponential growth has nothing to do why the points I am making.
Transmission rate of anything great than 1 would be exponential and the common cold has a Ro greater than 1.
Personnel involved in giving out information on COVID-19 grossly and inappropriate misrepresented both mortality rates and Ro.