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This reads like someone unleashed GPT2 on a bunch of CNBC interviews with a bunch of hedge fund managers making the case for why their portfolio deserves a "fair share" of the bailout pie.


> This reads like someone unleashed GPT2 on a bunch of CNBC interviews with a bunch of hedge fund managers making the case for why their portfolio deserves a "fair share" of the bailout pie.

I am struggling to see why you think that, since I don't watch CNBC and was not thinking of hedge funds or the stock market at all when I wrote the above post.

I didn't get into what I think should happen, which is this:

- immediate expansion of unemployment insurance to 75-100% of income for at least 12 months, with no shenanigans allowed at the state level

- for tip and gig workers and self-employed, 1040 income should be used to qualify for unemployment benefits up to a capped amount ($100k or whatever)

- immediate expansion of Medicare to anyone who qualifies for the ACA

- immediate open enrollment so people can switch to Medicare via the exchanges

- immediate expansion of SNAP and WIC

- 6 month moratorium on evictions nationwide

- any bailouts should be patterned on the Obama administration's auto bailout, which is to say the capital structure should be rewritten so that workers are given a piece of the company, and the public should benefit once the economy improves


This seems like the sensible minimum reaction to keep things functioning well to me.

I also expect to see a change in perception in the US to thinking that any civilized society that wishes to keep running needs to have a comprehensive health care system, a social safety net for basic income and housing, and a trusted set of expert institutions.


What part of it didn't you agree with and why?


And write book reviews explaining why the world will suffer a lot less if only more plebs will fall in line with your view of what is best for them.


Einstein: "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones."


when i was young there was this bully that screwed with everyone, one day someone put him down to the ground and several of his repeat victims fell upon him like animals, when he was down and vulnerable. the kid ended up in the hospital.

A tactical position requires caution when vulnerable. old festering wounds and international quarrels can quickly be escalated in a situation like this.

It is a feasible scenario that someone of less than level head thinking will:

see opportunity >take advantage >achieve an objective.


Is there a war coming?


Well, hopefully we don't follow the 1929 trajectory too closely...


China and the USA are leading up to one.


What would explain the differences among the 50 states? There seems to be quite a wide range.


But somehow, when all is said and done, companies like Boeing will not even face any consequence for their bad decisions.

When times are good, these companies divvy up the profits to give large bonuses.

When times are bad, they divvy up the bailout money to give smaller bonuses.

It certainly seems like there is no connection between compensation and performance once you are too big to fail.

And there is a very convenient "heads I win, tails you lose" structure in favor of the large companies.


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