Brent in Az
AH ambassador
The epidemiological characteristics of coronavirus do not match the response. .9% of the healthy people that get CV have died. About 3% of unhealthy people that get it have died. We accept that a half million flu deaths will occur yearly to the same vulnerable populations with underlying conditions. Are you less dead if the flu kills you? Why aren't we concentrating on those people with underlying conditions and limiting interactions with them? Instead, we are shutting down everything and everyone. Our free market economy is a risk. Recessions, depressions and unemployment cause deaths as well.
Big bailout for airlines and cruise ships. I think some will go bankrupt anyway. It was a terrible bill that should of been vetoed. For two years I've been getting checks from Trump.Well, we are FINALLY hearing some politicians talk about targeting and protecting the truly vulnerable and letting the rest of us get back to work as I mentioned weeks ago. My question to them: How many jobs and businesses have you destroyed with your shotgun (mostly political) approach??
I could not disagree with you more with respect to the airlines. They are a national asset. No corporation, however well run, can sustain a period of time when its very business case evaporates. I promise you Germany, the UK, France, etc will do whatever is necessary to preserve Lufthansa, BA, Air France, all the national carriers. Other developed countries outside Europe will do the same. We would cede every one of our routes to international competition. Secondly, and perhaps more importantly, the American flag airlines are an extremely important national defense asset. The US military can not sustain itself overseas in a significant conflict without vast support from the Civil Reserve Air Fleet (CRAFT). Designated numbers of long haul aircraft of every major US airline have that as a strategic mission. Every major overseas war plan assumes the availability of those sorties. It would be catastrophic if that capability was in any way jeopardized.Big bailout for airlines and cruise ships. I think some will go bankrupt anyway. It was a terrible bill that should of been vetoed. For two years I've been getting checks from Trump.
I dumped Wells Fargo 10 years ago.Why anyone would use Wells Fargo is beyond me.....
I don't think the airlines would disappear if they had to file bankruptcy. Somebody would be there to bail them out or snatch them up that happened to some big banks in the financial crisis.They're going to be hurting for a long time some will maybe have to consolidate. I have no problem with the small business loan. I do wonder the sanity of sending my wife and I 2400 dollars. We are retired from the government our check in the bank on the first. If anything were better off with all the cheap gas. Get to go in the grocery store first. Than not to say all the other pork that's was put in. Anita son in law got the small business loan but he said his employees would make more with the big unemployment check they could draw.I could not disagree with you more with respect to the airlines. They are a national asset. No corporation, however well run, can sustain a period of time when its very business case evaporates. I promise you Germany, the UK, France, etc will do whatever is necessary to preserve Lufthansa, BA, Air France, all the national carriers. Other developed countries outside Europe will do the same. We would cede every one of our routes to international competition. Secondly, and perhaps more importantly, the American flag airlines are an extremely important national defense asset. The US military can not sustain itself overseas in a significant conflict without vast support from the Civil Reserve Air Fleet (CRAFT). Designated numbers of long haul aircraft of every major US airline have that as a strategic mission. Every major overseas war plan assumes the availability of those sorties. It would be catastrophic if that capability was in any way jeopardized.
I also have a number of friends who run small businesses here and other parts of the country. The bill will keep them afloat and their employees paid for at least 90 days. If anything keeps us out of a depression it will be those "forgiven" loans. I can not imagine how anyone thinks that is a bad idea.
You were right it would have been better to pay the people who were high risk to stay at home if they were working. People retired like me if I'm worried about it stay home. The rest could of keep working. Nursing homes would be a problem but they are anyway. I think that some of the people overwhelming the hospitals in New York weren't the most outstanding citizens.You can thank the House and Schumer for that little extra.
Bloomberg is reporting that SA Airlines is offering severance to all employees and shutting down for good. Once this coronavirus is behind us, it will be interesting to see how one gets to South Africa and around that country in the future.