1. #1981
    So...unemployment = no taxes...

  2. #1982
    Quote Originally Posted by Zan15 View Post
    FUCKING
    SNOW
    BALLING.....


    my worst fear. employment to unemployment cluster fuck avalanche.

    so far in the last half an hour

    NCAA tourney canceled.
    Spring season canceled. Season delayed.
    NHL gone.
    update#1: Disney's flagship California theme park is being closed due to the coronavirus outbreak

    the downstream impact to employment is huge. talking about hundreds of thousand of workers and billions in goods.



    umm other news...
    Sen. Lindsey Graham becomes latest member of Congress to self-quarantine

    so, umm I won't say what I want to say...because...mods....umm...poor guy hope he recovers.
    That is my prime worry right now mostly because like i said earlier Western nations operate on a consumer economy which this will hurt further. I am still waiting to hear any legislature talk about the best plan to recovery, something in the sense that works from the ground up to further fix some of the more core issues in the western workers domain. Also recall how we were talking about credit ratings for the Corporations on the various markets i expect them to go back down to the ground floor which will pummel their share prices also which again to save face for those leaders they will have to cut the workforce instead of face the music, January 2020 literally set the record for CEO departures for the US.

    I am really worried about the west becoming what Japan was in the 1990s.
    Last edited by jeezusisacasual; 2020-03-12 at 09:22 PM.

  3. #1983
    Quote Originally Posted by Shadowferal View Post
    So...unemployment = no taxes...
    I think they charge taxes on unemployment checks :P

    - - - Updated - - -

    man I hope this does not gain traction....no move to close yet.
    unions on board to keep open...
    but any revolt from the workers might beat the auto companies to the trigger of production furloughs.







    Coronavirus case confirmed at Fiat Chrysler facility in Indiana

    From CNN’s Vanessa Yurkevich
    Auto giant Fiat Chrysler confirmed today that an employee has tested positive for COVID-19 at one of its facilities in Kokomo, Indiana, according to a statement from the car maker.
    “FCA [Fiat Chrysler Automobiles] is working with local area health authorities in Kokomo, Indiana, to support the treatment of an employee who tested positive for COVID-19. The employee, who works at the Kokomo Transmission Plant, is currently receiving medical care,” the statement read.
    The employee’s immediate co-workers have been placed into quarantine along with others in the facility who the person may have come into direct contact with. FCA has deep cleaned and disinfected the employees working area.
    The company is also “deploying additional sanitization measures across the entire facility, retiming break times to avoid crowding and deploying social spacing,” according to the statement.
    More context: The United Auto Workers union, which represents 400,000 members, is actively monitoring the situation and working with Fiat Chrysler on precautions and measures necessary to “protect our members and everyone who works in our facilities,” said United Auto Workers Vice President Cindy Estrada.

    The FCA Kokomo plant currently remains open.
    Whether SHE IS INDICTED OR EVEN GUILTY IT DOESNT MATTER. HER GUILT IS A MOOT POINT!!! - Fox News 2016
    You don’t have to be convicted of a crime to lose your job in this Constitutional Republic,” - Sen (r) Graham 1999

  4. #1984
    Quote Originally Posted by Omega10 View Post
    I was not being facetious. I don't think he was either.
    Nono, I meant *I* was being facetious about Beoing sponsoring another war to recoup their losses. Expected to be mocked not partially agreed with :P
    Quote Originally Posted by AeneasBK View Post
    Damnit hubcap, you are such a retard.
    Seriously guys, this forum would be a better place if everyone just stopped acknowledging Zenkai. It's just demeaning to everyone.

  5. #1985
    Quote Originally Posted by Thepersona View Post
    I laughed. Then i remembered that this is our reality now.
    Dude. I feel this way allllllllllllllllllll the time. I thought about making it my signature...

  6. #1986
    Quote Originally Posted by Zaydin View Post
    I know it's not what our resident Trump supporters want to hear, but you can 100% blame todays crash on Trump and the disastrous address he made last night.

    One of the most important duties a president has is trying to keep the nation calm in a time of crisis and Trump completely fucked it up yet again.
    I noticed last week most of them seemed to have gone on "vacation" from the forums. I wonder why?

  7. #1987
    Quote Originally Posted by AeneasBK View Post
    Nono, I meant *I* was being facetious about Beoing sponsoring another war to recoup their losses. Expected to be mocked not partially agreed with :P
    rofl.

    Ooops... sometimes sarcasm and such do not translate well over the internet

  8. #1988
    The Lightbringer Zaydin's Avatar
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    Quote Originally Posted by Low Hanging Fruit View Post
    I noticed last week most of them seemed to have gone on "vacation" from the forums. I wonder why?
    And those who aren't on vacation aren't posting in any of these threads.
    "If you are ever asking yourself 'Is Trump lying or is he stupid?', the answer is most likely C: All of the Above" - Seth Meyers


  9. #1989
    Legendary! Thepersona's Avatar
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    Quote Originally Posted by Levelfive View Post
    Dude. I feel this way allllllllllllllllllll the time. I thought about making it my signature...
    I understand you. Now i'm trying to escape it by playing weeb games on my repaired psp
    Forgive my english, as i'm not a native speaker



  10. #1990
    So with the New York ban on large gatherings
    Does that mean on Monday that all stock trading on the floor is banned?

  11. #1991
    Quote Originally Posted by D Luniz View Post
    So with the New York ban on large gatherings
    Does that mean on Monday that all stock trading on the floor is banned?
    I think it was social gatherings.

    - - - Updated - - -

    another industry hit.....in a bad way


    American Airline pilot tests positive for coronavirus

    An American Airlines pilot has tested positive for coronavirus, according to the airline and a second source familiar with the matter.
    Whether SHE IS INDICTED OR EVEN GUILTY IT DOESNT MATTER. HER GUILT IS A MOOT POINT!!! - Fox News 2016
    You don’t have to be convicted of a crime to lose your job in this Constitutional Republic,” - Sen (r) Graham 1999

  12. #1992
    Looks like tomorrow will be another ugly day. Microsoft, Apple and Amazon all went down in after hour trading. When this started, I made a joke to my wife about Microsoft going down to $130 per share. It is not so funny now.

    Morgan Stanley thinks that Chesapeake and Whiting will default in less than a year. Antero, Oasis and Range in a year. Occidental, Apache, Continental, Cimarex, Noble, Marathon and Hess will likely be reduced to junk bond status. I think oil/gas investments are dumb, but that's a lot of good paying jobs.
    Last edited by Rasulis; 2020-03-12 at 11:54 PM.

  13. #1993
    Quote Originally Posted by kail View Post
    Every time I'm checking my portfolio, I'm singing Free Fallin in my head. Time to buy a new bottle of whiskey.
    Part of me now wonders if companies selling alcohol actually do better when the economy falters.

    Probably not, but more financially literate people might consider this thought exercise .

  14. #1994
    Quote Originally Posted by Rasulis View Post
    Looks like tomorrow will be another ugly day. Microsoft, Apple and Amazon all went down in after hour trading. When this started, I made a joke to my wife about Microsoft going down to $130 per share. It is not so funny now.

    Morgan Stanley thinks that Chesapeake and Whiting will default in less than a year. Antero, Oasis and Range in a year. Occidental, Apache, Continental, Cimarex, Noble, Marathon and Hess will likely be reduced to junk bond status. I think oil/gas investments are dumb, but that's a lot of good paying jobs.
    so far in very very early trading its down another 1%

    - - - Updated - - -

    hmm spoke too soon

    21,056.62 20,595 -461.62 Last updated: Thu Mar 12 2020 | 7:51 PM EDT

    2,468.64 2,418.25 -50.39

    7,253.65 7,074 -179.65


    https://www.cnbc.com/pre-markets/

    - - - Updated - - -

    FINALLY SOME HOPE!!



    NBA's Cleveland Cavaliers to compensate all stadium employees regular wages


    The NBA’s Cleveland Cavaliers announced today that they plan to compensate all Rocket Mortgage FieldHouse employees, hourly and event staff team members, as if every game and every event is still taking place.
    Whether SHE IS INDICTED OR EVEN GUILTY IT DOESNT MATTER. HER GUILT IS A MOOT POINT!!! - Fox News 2016
    You don’t have to be convicted of a crime to lose your job in this Constitutional Republic,” - Sen (r) Graham 1999

  15. #1995
    So tomorrow drop below 20k, I guess?
    If it closes below 20k, it will be below 20k for a few days because of weekend and I wonder what stupid shit Trump will do only because of that

  16. #1996
    Quote Originally Posted by Omega10 View Post
    I was not being facetious. I don't think he was either.

    The problem seems to be (ok one of the problems) that as the FAA does more thorough testing, they are finding things that did not get noticed before.

    Kind of like the number of coronavirus cases in the US is likely underestimated due to the lack of testing.

    Don't test for coronavirus: it spreads faster and quicker and does a lot more damage.
    Don't test airplanes: 2 fall out of the sky and 300 people die.

    Now they ARE testing... or at least doing more than what was done before, and the things they are finding are not always cheap for Boeing to deal with.
    Damn regulations!!

    "Bad faith posters that just derail threads, best to just ignore these posters than to feed them:

    Shalcker, Dacien, Sulla, DocSavageFan, Daethz, PrimaryColor, Lockedout, Healing Rain, thewalkingdude( AKA Negan AKA Ned Stark), Maudib"

  17. #1997
    The Insane Daelak's Avatar
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    Quote Originally Posted by Shadowferal View Post
    So...unemployment = no taxes...
    Yeah, and piece of shit Republicans have spent three years patting themselves on the back for creating the largest deficit in US history via their tax cuts. People need to wake up and realize these fuckers have no qualms about democracy, fiscal responsibility, and human lives if it means they get to consolidate power and protect their base's self interests. They must be removed.
    Quote Originally Posted by zenkai View Post
    There is a problem, but I know just banning guns will fix the problem.

  18. #1998
    Merely a Setback Breccia's Avatar
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    Quote Originally Posted by Inuyaki View Post
    So tomorrow drop below 20k, I guess?
    Well we're at 21,200 now. So let's look at the futures market:



    Whoa. That's just...like...perfect.

    No-one is above the law.

  19. #1999
    Quote Originally Posted by Inuyaki View Post
    So tomorrow drop below 20k, I guess?
    If it closes below 20k, it will be below 20k for a few days because of weekend and I wonder what stupid shit Trump will do only because of that
    He'll blame mainstream media and democrats for all of it. And people will believe him.

  20. #2000
    Quote Originally Posted by melodramocracy View Post
    He'll blame mainstream media and democrats for all of it. And people will believe him.
    If it's only blaming everyone else, it's harmless.
    Pretty sure he will try some dumb shit. Some stupid tweets that people should be brave and go to work, so the economy can be saved. Can't believe I say that, but I think he is dumb enough for something like that.

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