tag:blogger.com,1999:blog-6616959642391988608.post4466818171231993900..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Not out of the woods yetScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-6616959642391988608.post-68364497279559565672020-03-13T11:14:32.094-07:002020-03-13T11:14:32.094-07:00Btw, please keep up your great work here Scott! I ...Btw, please keep up your great work here Scott! I follow for the data and education. I don't agree with your politics, but I certainly don't begrudge exposure to them.Charliehttps://www.blogger.com/profile/04163738909524521887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44401589713382242302020-03-13T09:20:58.987-07:002020-03-13T09:20:58.987-07:00To be fair, Trump's decision to ban travel fro...To be fair, Trump's decision to ban travel from China should get credit for the fact that we are 11.5 days behind Italy in the viral expansion. However, it is here now. You can't stop at one good decision. Travel bans won't do much now. Most effective actions now are things that lower the curve so hospitals can handle folks who need it.Charliehttps://www.blogger.com/profile/04163738909524521887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-24220333104656202342020-03-13T09:15:01.708-07:002020-03-13T09:15:01.708-07:00>The virus originated in China, where governmen...>The virus originated in China, where government controls the healthcare system. It’s also spread most significantly in nations such as Iran and Italy, where government also plays a dominant role in health care.<br /><br />Keep in mind that current number in any country is irrelevant. What matters is the constant of the exponential curve. This is mostly impacted (at this stage of the pandemic)Charliehttps://www.blogger.com/profile/04163738909524521887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-65444631153495113802020-03-13T08:52:04.235-07:002020-03-13T08:52:04.235-07:00Scott, what’s that article demonstrates is that so...Scott, what’s that article demonstrates is that some governments were not able to handle this. What the Wired article that I cited demonstrated is that some governments were, in fact, able to handle it. So it’s not really a question of whether governments can or cannot, because obviously some can. The question is whether governments should prepare to try to handle something like this. And once Rick Joneshttps://www.blogger.com/profile/07007621082678493913noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35978347696466638152020-03-13T08:31:27.401-07:002020-03-13T08:31:27.401-07:00Rick, re whether more or less government control o...Rick, re whether more or less government control of healthcare is a good idea. Cato's Dan Mitchell gives examples why it is not: https://danieljmitchell.wordpress.com/2020/03/12/government-coronavirus-and-libertarianism/<br /><br />Excerpts:<br /><br />The virus originated in China, where government controls the healthcare system. It’s also spread most significantly in nations such as Iran Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-66186795305203223932020-03-12T23:01:34.937-07:002020-03-12T23:01:34.937-07:00>An expensive lesson...in how not to rely on go...<b> >An expensive lesson...in how not to rely on government to fix our problems.</b><br /><br />It seems that the governments of Singapore and a few other Asian countries provide a stark counter-example to your conclusion.<br /><br />It seems that the governments of Singapore and a few other Asian countries learned from the earlier SARS and H1N1 epidemics...took their <i>defense-of-the-nation<Rick Joneshttps://www.blogger.com/profile/07007621082678493913noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-9339219808440607502020-03-12T22:58:48.809-07:002020-03-12T22:58:48.809-07:00This comment has been removed by the author.Rick Joneshttps://www.blogger.com/profile/07007621082678493913noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84986277130745396352020-03-12T19:31:52.327-07:002020-03-12T19:31:52.327-07:00I would like to say that Scott Grannis has not, li...I would like to say that Scott Grannis has not, like so many others, engaged in fear-mongering. <br /><br />John Cochrane (who is not a fear-monger) is discussing the live possibility of a financial collapse.<br /><br />https://johnhcochrane.blogspot.com/2020/03/from-pandemic-to-financial-crisis.html<br /><br />The US commercial banking system has largely been rebuilt nearly to original specs, Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51086936873285443902020-03-12T12:48:27.702-07:002020-03-12T12:48:27.702-07:00just heard on Fox Business. old: "When blood&...just heard on Fox Business. old: "When blood's running in the street it's time to buy". now: "when they're out of toilet paper everywhere it's time to buy". JDonleyhttps://www.blogger.com/profile/00556948063590125297noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51253297189637250142020-03-12T10:12:09.781-07:002020-03-12T10:12:09.781-07:00>I've been told that I'm imagining thin...>I've been told that I'm imagining things. Did I imagine these statements?<br /><br />I don't know...I didn't see or hear that.<br /><br />On the other hand, I see the market made a sudden shift upward at about the same time news broke that some Brazilian who met Trump at Mar-a-Logo on Saturday has tested positive for the virus. Coincidence?Rick Joneshttps://www.blogger.com/profile/07007621082678493913noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-34520228573635922152020-03-12T09:47:01.466-07:002020-03-12T09:47:01.466-07:00I think I just heard the president say "Frank...I think I just heard the president say "Frankly, testing has been going very smooth". He also said that travelers to US are being tested and "We're not putting them on planes if they are positive."<br /><br />I've been told that I'm imagining things. Did I imagine these statements?Charliehttps://www.blogger.com/profile/04163738909524521887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-468597967215873282020-03-12T09:00:31.376-07:002020-03-12T09:00:31.376-07:00I think I hear the Fed's bazooka being loaded....I think I hear the Fed's bazooka being loaded... I know more liquidity doesn't cure a virus. But let us not forget how powerful the US Federal Reserve is...Grechsterhttps://www.blogger.com/profile/08898953158865778397noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55431810008303051782020-03-12T08:58:42.246-07:002020-03-12T08:58:42.246-07:00Cliff: I think the spirit of your point is wise. ...Cliff: I think the spirit of your point is wise. I've been using the same input to guide me. The data from China, as always, is murky at best. But the visit by Xi seemed important.Grechsterhttps://www.blogger.com/profile/08898953158865778397noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75471374340478122872020-03-12T08:57:27.277-07:002020-03-12T08:57:27.277-07:00Yes, watch China. But Italy is good "short-le...Yes, watch China. But Italy is good "short-leading" indicator to see how things will be in 11.5 days. Japan is an interesting model for what could happen if we took action before things get bad. https://bonddad.blogspot.com/2020/03/this-is-what-exponential-growth-looks.html<br /><br />If the goal is to reduce the coming hospital overload and all that entails, this tweet is relevant: Charliehttps://www.blogger.com/profile/04163738909524521887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81735537364724719782020-03-12T08:23:46.847-07:002020-03-12T08:23:46.847-07:00"China's President Xi Jinping Visits Wuha..."China's President Xi Jinping Visits Wuhan, Coronavirus Epicenter"<br /><br />China is a leading indicator of the COVID-19 virus in other nations.<br /><br />The headline above strongly implies COVID-19 met a communist dictator, and the dictator is now winning the fight.<br /><br />Watching what is happening in China makes more sense than wild guessing what will happen in the U.S.<The Cliff Claven of Financehttps://www.blogger.com/profile/13541954550199246606noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84796550493402332552020-03-12T07:58:36.414-07:002020-03-12T07:58:36.414-07:00President Trump has proven himself able and willin...President Trump has proven himself able and willing to cut through government red tape. I suspect the problem is that there was no one near him (in January) with the correct domain of knowledge to tell him what needed to be done. Dr. Helen Y. Chu should have been on Fox news telling the president directly.Charliehttps://www.blogger.com/profile/04163738909524521887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-37701967639057058032020-03-12T06:56:13.979-07:002020-03-12T06:56:13.979-07:00Can certainly go down further but the prices have ...Can certainly go down further but the prices have just gotten too low to pass up. Ron Thttps://www.blogger.com/profile/05874030041401176690noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-57997816035609144862020-03-12T06:53:22.177-07:002020-03-12T06:53:22.177-07:00Blood in streets and shaking out the weak hands, t...Blood in streets and shaking out the weak hands, time to start adding to equities for the long term rational investor. Ron Thttps://www.blogger.com/profile/05874030041401176690noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23474272410756377732020-03-12T03:10:50.672-07:002020-03-12T03:10:50.672-07:00I think we can all agree that the CDC dropped the ...I think we can all agree that the CDC dropped the ball-big time. I agree with both perspectives on this; if ever we need government whose primary function is the protection of its citizens it's now. But government agencies should listen to local agencies and allow for coordination. Good luck with that. This has been going on since Washington had to rely on local militias to help fight the stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27916928727974559842020-03-12T01:48:31.838-07:002020-03-12T01:48:31.838-07:00Well, arguments about government and health care a...Well, arguments about government and health care aside (and I respect all views), what I want to know is....can we go bottom-fishing yet? There has been a huge drop in the market, and the outlook for some industries, travel/hospitality, is as grim as can be. <br /><br />Sorry to ask a mercenary question, but when the hour is darkest...and prospects are worst...is the time to buy. <br /><br />GoodBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91230653634379304182020-03-12T01:13:33.123-07:002020-03-12T01:13:33.123-07:00Why do old people love medicare if a government ru...Why do old people love medicare if a government run program is a bad thing ?amritsarihttps://www.blogger.com/profile/03968805404670583901noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48590440199742000452020-03-11T23:14:55.904-07:002020-03-11T23:14:55.904-07:00Yes but a local neighbourhood response will not cu...Yes but a local neighbourhood response will not cut it. Who will make sure there are enough test kits and protocols, who will close off transportation who will set up emergency treatment facilities? The analogy with a war situation works _ would you recommend a local militia determine your defence response. By the way love your blog anh have followed for years!Ausgarryhttps://www.blogger.com/profile/11601643688889567439noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26674655936407174612020-03-11T23:14:24.556-07:002020-03-11T23:14:24.556-07:00>The very same article I recommend reading give...>The very same article I recommend reading gives you the answer: local people who see things first hand in their own neighborhood...An expensive lesson, unfortunately, in how not to rely on government to fix our problems. <br /><br />But suppose for a minute that the Cornonvirus happened to be some biological warfare agent that accidentally escaped the lab and got into the general population. Rick Joneshttps://www.blogger.com/profile/07007621082678493913noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80989130837593518472020-03-11T22:08:13.409-07:002020-03-11T22:08:13.409-07:00Re "If not the government who?" The very...Re "If not the government who?" The very same article I recommend reading gives you the answer: local people who see things first hand in their own neighborhood. People who have a stake in getting things right, not bureaucrats who lives thousands of miles away. Local control, not federal control! Why in the world was the CDC not allowing doctors who saw the illness in front of them to Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82492496504335392392020-03-11T20:03:30.558-07:002020-03-11T20:03:30.558-07:00Excellent blogging.
Ask for a national health ins...Excellent blogging.<br /><br />Ask for a national health insurance, perhaps we should see if Canada responds better than the US to the coronavirus panic.<br /><br />The VA, a communist healthcare program, takes care of a lot of old people, and old people are vulnerable to the coronavirus. Let's see how the VA does. A friend of mine had his cataracts fixed at a VA facility and said the care Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com