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Opinion - Coronavirus: Who cares about stocks when people are dying?
Deutsche Welle ^ | March 27, 2020 | by Kate Ferguson

Posted on 03/27/2020 11:36:37 AM PDT by Oldeconomybuyer

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To: Oldeconomybuyer

I just saw this post.  True?  False?  I can believe it.  I am not buying the corona pandemic:
A grandmother 92 dies in hospital  after 3rd stroke, family at her side.
Death Certificate issued the following week.
It read “Corona virus”!
The family asked “Why?”.
Coroner said he would lose his job if listed a different cause of death.
Wanna bet she died in one of the cities run by LYING Trump hating Democrats? But I repeat myself!


61 posted on 03/27/2020 1:16:01 PM PDT by Dick Bachert (THE DEEP STATE HATES YOU!)
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To: Oldeconomybuyer
A message to Kate,

I CAN care about both, you know, Kate. Part of taking care of my family is to make sure we're financially secure. If I'm financially secure, I am more able to help out people who aren't (which I have) during this crisis. So, just because you are unable to think critically and strategically, don't insult those of us who can.

Sincerely, grateful
62 posted on 03/27/2020 1:32:22 PM PDT by grateful
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To: Wuli
It is not about “stocks” per se, nor really about the companies represented by those stocks.

Those things are stand-ins for the economy in general, and the economy in general is about the people, their livelihoods, their savings, their ability to pay for the things they need, to provide for their children and to prepare for a future.

It is not about “saving corporations”. It is very much about saving one of the most important things in people’s lives - the economic ability to care for themselves.

Of course to all Leftists THAT is not so important.

In trying to articulate such thoughts, I like to use the word society: American socialists have been determined to evade the totalitarian implications of socialism. Thus, they call socialism “liberalism.” And thus, they follow longstanding tradition of suppressing - by propagandistic abuse of the very word for it - the very concept of “society:”
SOME writers have so confounded society with government, as to leave little or no distinction between them; whereas they are not only different, but have different origins.
Society is produced by our wants, and government by our wickedness;

the former promotes our happiness POSITIVELY by uniting our affections, the latter NEGATIVELY by restraining our vices.

The one encourages intercourse, the other creates distinctions.

The first is a patron, the last a punisher.

Society in every state is a blessing, but Government, even in its best state, is but a necessary evil; in its worst state an intolerable one . . .
For were the impulses of conscience clear, uniform and irresistibly obeyed, man would need no other lawgiver; but that not being the case, he finds it necessary to surrender up a part of his property to furnish means for the protection of the rest . . . — Thomas Paine, Common Sense (1776)
I, Pencil is an article written in 1958 by Leonard E. Read. The burden of the article is how diffuse are the inputs to make a simple item like a pencil. Of course a particular company - Eberhard Faber, in the example instance - made the pencil. But Mr. Faber did not simply speak the pencil into existence; the company has to have buildings housing machinery, and workers to operate the machines. But beyond that, the Eberhard Faber workers have to have food, shelter, and normal amenities - including those required by their families.

And the same is true of the vendors who supply Eberhard Faber with the machinery they require, and all the obvious materials - wood, graphite, rubber, and the ferrule material and the enamel. All those vendors have their own equipment, workers, and supply chain. And in all cases the workers need food, shelter, and normal amenities. So although the pencil certainly does not exist without Eberhard Faber, society works together to make pencils - and everything else.

So, “You didn't build that? Somebody else made that happen?” Yes - but that “somebody else” was not government. The “somebody” was more like everybody - mostly very indirectly. It is not the government but society - as Thomas Paine points out in Common Sense, a very different thing - which makes the pencil.

Government planning is merely interference in society’s subtle workings by people who have nowhere near the competence needed to make such large decisions and be responsible for them. It is nothing more than the irresponsible separation of responsibility from authority, in violation of the first principle of good management. Improvement in efficiency via government “planning” is a paper tiger.


63 posted on 03/27/2020 2:42:35 PM PDT by conservatism_IS_compassion (Socialism is cynicism directed towards society and - correspondingly - naivete towards government.)
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To: Oldeconomybuyer

Here is my bet:

I am betting that covid-19 will kill less people in 2020 than the routinely appearing influenza kills in an average year, less than Americans who will die of heart attacks in 2020, less than Americans who will die from cancer in 2020, less than Americans who will die from car accidents in 2020, and FAR LESS THAN H1N1 killed during Obama regime in one year.

My only point is the fear from covid-19 is excessive, and due the hype by media and democrats, PDJT and the congress had no better option except drop helicopter money on everyone.


64 posted on 03/27/2020 2:46:58 PM PDT by entropy12 (You are either for free enterprise or want gov't to guarantee your wages.)
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To: entropy12

By people I mean Americans. Not including Chinese, Italians or anyone else.


65 posted on 03/27/2020 2:48:09 PM PDT by entropy12 (You are either for free enterprise or want gov't to guarantee your wages.)
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To: SkyDancer

“How many deaths so far from regular flu that’s not being reported?”

You’re not supposed to notice that. It might put the kung flu in perspective and upset the pearl clutchers and deep state panic-mongers.


66 posted on 03/27/2020 3:19:16 PM PDT by sergeantdave (Teach a man to fish and he'll steal your gear and sell it)
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To: Oldeconomybuyer

Consider this, socialists: Life has to go on, and a healthy stock market benefits the living. And don’t turn up your noses at the private sector — it supports the hospitals and government welfare programs that are so PC now.


67 posted on 03/27/2020 3:35:11 PM PDT by Socon-Econ (adical Islam,)
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To: conservatism_IS_compassion

A good economy is a result, a result of tons of great planning - immediate, short term, long term, of which none of it is centralized in or by government. The total outcome happens, but not because someone, some central plan, could know how to “make” it happen.


68 posted on 03/27/2020 4:38:53 PM PDT by Wuli
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To: SkyDancer

Here’s a graphic that illustrates that and more:

https://www.infographicsarchive.com/wp-content/uploads/2011/08/deadliest-pandemics1.jpg


69 posted on 03/27/2020 5:32:31 PM PDT by USFRIENDINVICTORIA
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To: USFRIENDINVICTORIA
Good illustration. So where are we now world-wide with COV deaths to date?

512,701 Confirmed cases

23,495 Confirmed deaths

Countries, areas or territories with cases 202

Updated : 27 March 2020, 14:12 GMT-7

70 posted on 03/27/2020 6:09:07 PM PDT by SkyDancer ( ~ Just Consider Me A Random Fact Generator ~ Eat Sleep Fly Repeat ~)
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