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keywestlou · 4 years

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MORNING STEW #35

Information overwhelming. Coronavirus motivated directly and indirectly. Impossible to provide any semblance of order. Ergo, a Morning Stew!

I have made the decision to remain in as much as possible. The virus concerns me. Eighty four makes me susceptible, especially when tied in with my maladies.

My day yesterday would have been ok because of the Syracuse/Louisville game in the evening. The game was cancelled. The balance of the season cancelled.

Watched TV, read, and dozzed on and off all day.

Media and White House at odds as to what should be done re the virus. Better to rely on TV and the experts rather than the White House. Ineptness leads us in Washington.

Spent a bit of time reading my friend Dot Downs’ Her Soldier of the Queen. Interesting. A U.K./Ireland war tale. Much romance. I can’t wait to see Dot again. She is my age. I want to know where in her early life experiences (if correct) she picked up the love/sex scenes.

What goes around, comes around. Trump screwed China with the trade war. China reciprocated. China’s impact nowhere as harsh as Trump’s hit.

Prior to coronavirus, the U.S. imported most of the raw materials to make pharmaceuticals, especially vaccines, from China. It was reported in yesterday’s Party newspaper that China may cut or reduce their supply of raw meds to the U.S.

Are school administrators losing it?

Last friday, State Police were called to the Union School District in Rimersburg, Pennsylvania, after a “known” juvenile allegedly robbed the school cafeteria of a juice box valued at 80 cents.

Paid leave during the virus crisis under consideration. A good idea!

Problem is where the money is to come from.

Trump proposes a “payroll tax holiday.” He is wrong again. Such a holiday would hurt Social Security and Medicare beneficiaries. It would also inure to the benefit of the rich. It would provide them with more disposable income than the poor.

How long will it take to make up for the recent market losses. History the best indication.

The 1987 Black Monday crash was 508 points. Market lower back then. The 508 points was equal to 22 percent of the market.

Took 2 years to recover.

The Great Depression of 1929 took 20 years to recover. And then only because of World War II which created employment for everyone.

It will take a long time for this market to return.

The American people are afraid. Properly so. Especially when our leader does not seem to know what he is doing.

Our world is closing down around us. Sport seasons and big time frames have been instituted. Some extremely quick. The Big East Tournament an example. The League called an end to the season at the half time of the St. John/Creighton game yesterday.

Sport stadiums, Broadway, political rallies, etc. The lights have gone dark.

Some do not want to recognize the reality of the virus nor the ineptness of Trump. One of the comments to my blog recently read, “Why is everybody trying to hurt him when all he is trying to do is what’s best for the country, not for himself…..The more they try, the more ‘we real people’ can see what a Hoax it really is.”

Signed “Anonymous, ” of course.

Is Steve Bannon or his thinking still involved in U.S. governing? He has been out of the White House for at least 2 years. I recall back in 2017 when he was part of Trump’s staff saying the deconstruction of America was “a daily fight.”

Everytime Trump or one of his cohorts speak of “testing,” the American people are assured “soon.” We are still waiting. When? We will never get a handle on the problem in the U.S. till we know what the numbers are and where.

As the virus becomes more acute, the number needing medical attention rises. We do not have enough hospital beds nor ventilators. Few plans are being made as to what to do. A few areas are making plans to go to tents.

While all this nothing is going on, Trump this morning was attacking Obama via tweeting.

We are still sitting on our asses re testing. Not my fault or yours. Donald’s.

Tell me why New York’s Governor Cuomo has drive through testing going on in New Rochelle. Trump has not implemented the procedure anywhere in the U.S. Where did Cuomo get the test kits? He seems to know more than the President.

Yesterday, Tom Hanks and his wife tested positive for coronavirus. Today, Canadian Prime Minister Trudeau’s wife Sophie.

Why is Donald not testing? We know he has had 2-3 contacts.

Perhaps he does not want to know. And, doesn’t care if he infects anyone.

Trump lied several times in his Oval Office report to the nation. The 2 most egregious included testing.

One his statement that all people coming in from Europe were being tested “Heavily tested.” In fact, there was and is no system set up to so test.

The other is that the testing is “going very smoothly.” Of course it is. There is no testing! How can there be any screw-ups?

Dr. Fauci reported yesterday that the system is “a failing…..admit it!”

Another Governor taking the bull by the horns is California’s Newscom. He signed an order to take over California hotels for use of coronavirus patients. Solves the anticipated shortage of hospital beds problem.

New York’s Mayor de Blasio declared a state of emergency for the City yesterday.

Many universities are closing down. Going off line. Beside class room lectures, all activities canceled till April 6.

California finally finished its count. As anticipated, Sanders won. He took in 34 percent of the vote as opposed to Biden’s 27 percent.

Room was found this week for a bit of news re global warming.

Polar ice caps are melting 6 times faster than in the 1990’s. The loss in Greenland and Antarctica is accelerating.

Your cell phone is “dirty.” Possible carrier of the virus. A wipe with a product having 70 percent isopropyl alcohol recommended. Clorox suggested. Wipe easy.

I have been suggesting for 2 years another recession was going to hit. Thought it would last year. I was wrong.

My motivation was two-fold. The banks were playing the same games they did in 2008 and the banks were losing funds.

The Fed saw this happening. They began playing the Repo game. I first reported on Repos 2 months ago.

Banks sometimes do not have enough money. If all depositors wanted their money back at the same time, banks doors would close. There would not be sufficient funds.

The problem especially concerning smaller banks.

To avoid bank defaults, the Fed would lend money today to a bank and the bank would pay the money back tomorrow. Simple. Then the monies were probably reborrowed for another day on the tomorrow.

The amounts were relatively insignificant. In the millions. Then billions.

Beginning to day, in the trillions!

Bigger banks involved. Money needed for longer periods. Twenty four hour rule out the window. Now banks can “borrow” for up to a 3 month period before repaying.

What is happening is no less than a bank bailout. A bailout to Wall Street.

Who bails us out?

South Carolina’s James Clyburn turned the Democratic primary in Biden’s direction. He is an elderly black man. He was there with Martin Luther King Jr. Majority Leader today of the House of Representatives. One of the most respected men in Washington.

An Axios HBO show will be run this sunday at 6 pm.

In a portion of the show already released, Clyburn said, The U.S. “could very well go the way of Germany in the 1930’s.”

I have been saying it for 2 years.

Ian Welsh is a Canadian blogger who I frequently read. In a blog published 3/12 titled Coronavirus Bungling Is What We Voted For, Welsh wrote, “Donald Trump is a blittering idiot and incompetent at the actual mechanics of running a government. This is not to deny his other competencies at bullying and running a campaign, but he’s seriously mentally deficient. He is bungling the Coronavirus response. That’s going to lead to a lot of dead people, including a lot of old people who, forgive me, voted for him.”

Zeroing in on Keys coronavirus cases. It must safely be assumed they are on the rise. However, not all the sick are being tested. Actually few.

Bob Eadie is the Director of the Florida Keys Chapter of the Florida Health Department. A full time job. He has held it since 2007. One problem. He is not a doctor. He’s a lawyer.

The past few weeks he has been the politician…..Speaking as Washington and Tallahassee do. Not as a Dr. Fauci.

For example, he claims tests are available. All one has to do is go to a doctor. Then be directed to the Health Department for a test.

The Health Department cannot test everyone. Would result in an “overload.” It would be a “wasting of resources.”

So some tests are being done. How many, we do not know.

The reason we do not know is Eadie cannot tell us till Tallahassee gives him permission.

So much for transparency.

Dana Milbank is the much respected Washington Post columnist. His most recent column was titled: “Got A Medical Question? Ask Dr. Trump!”

Cartoons were big time in my youth…..1930’s and 1940’s. Especially Walt Disney ones.

The Disney ones generally closed with Porky Pig saying: That’s all folks!

I sign off in a similar fashion today…..That’s all folks!

Enjoy your day!

MORNING STEW #35 was originally published on Key West Lou

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