XPost: sac.politics, ca.general, alt.california
XPost: ca.politics, ny.politics
From: Intelligent@savetheworldmsn.com

On 7/13/2020 11:55 AM, Intelligent Party wrote:
> 50% Increase in New Cases, every 10 days.
>
> My unscientific, ad hoc (educated) guesstimation...
>
>
> The 150,000 could come much faster.  This is up up and away.
>
> We know stay-at-home works.
>
> 2,000 new cases per day in California before stay-at-home abandoned before
5/30.
> 8,000 new cases per day in California now, in 6 weeks.
>
> We cannot continue stay-at-home without government money.
>
> Moving around = social distancing.
>
> It's sitting in one place, especially indoors, that gets someone infected
with COVID.
>
> Work, commercial parties, restaurants, barber shops, nail salons, public
> transportation.
>
> Unless you "catch cold."  Even at the gym, you MOVE AROUND while in it,
compared
> to sitting at one place in a restaurant, at work, or at a party, breathing
the
> virus in and out, in and out, in and out, in and out.
>
> Employee protections matter.  You can't employee people to commit self-harm.
> Commerce is exploitation, but instead of prohibition, we proceed as follows.
>
> We deserve a forbearance on all old rent and debt, and $1,250 per month for
every
> man woman and child.  Or else we have to go socialist, figuring there will
never
> be a vaccine, nor an eradication of COVID, and have no forbearance, and
default on
> the properties now, and have $2,500 per month for every man woman and child,
you
> can finance $200,000 in home equity, with 100% LTV, and no work documentation
> required for such loans, $1,250 per month.  Eradication would require 3-4
months
> of no new cases per day.  There has been no vaccine for HIV in 40 years, yet
they
> have vaccines for the new flu frequently, how does the flu compare to
coronavirus,
> study that.
> If there is never any vaccine nor eradication, we are loosing time waiting
for
> either, and how long should we wait before going in a new direction?  1.5
years?
> That is 1.5 years lost.  Should we not move in a new direction immediately? 
So
> $2,500 per month for every man, woman, and child.  All employee protections
are
> based on extreme discouragements, and advisements, NO GESTAPO LAWS, but work
from
> home if you can.  Make your own decisions.  Coronavirus is never going
away.  ALL
> EMPLOYEE ADVISEMENTS.  ALL CONSUMER ADVISEMENTS, likewise. Advertising,
Marketing,
> Product Labeling, Advisement.
>
> Consumer protections matter.
>
> The minimum wage will be $2,500 per month after taxes additionally, and
after you
> make a certain amount $60,000-$200,000+, you pay the $30,000 free money
back. More
> than a flat tax, a flat amount.  Also at a certain point we have a 75%
Federal
> sales tax, to encourage everyone to hold the capital. 70% wouldn't do that. 
But
> 80% would make them maybe not care enough about their capital.  The $2,500
will
> vary across the nation, by the County, and be 65% per capita GDP of the
county,
> both for the free money from the government, and for the minimum wage.
>
> The $1,250 or $2,500 shall be sent in T-Bills or Bonds.  If the bonds aren't
> converted cash, there is no effect.  So, for people without bank accounts,
we will
> have to send registered bonds.  The registered bonds will be transferable to
> book-entry bonds, or cash.  The Fed will guarantee to buy all the free money
bonds
> for sure, and if the Fed wants to sell bonds, it will sell other bonds.
>
> As to the forbearance, you know, if the tenant can't pay the property owner,
> because they don't have revenues due to COVID; a movie theater, a department
> store, are not going to be rented out to another tenant, who are not going
to earn
> revenues either.  A restaurant or nightclub, and the property owner won't be
able
> to rent and pay their mortgage to the bank.  The bank could be left holding
> possibly worthless property anyway, or just land.  Also, other companies,
such as
> airlines, you know, the idea was, an economic pause, COVID might be
eradicated or
> vaccinated against, and then those airlines could start right back up, and
not
> have to build the company from scratch, and other such companies with debt
> payments can go bankrupt, and fold, escalating, like dominoes, more
unemployment,
> less revenues.  Plus, just general unemployment, people could have a stay on
their
> mortgages, and on their rent or else renters be not able to pay rent at all,
or
> spend down their savings, and then not be able to pay rent, while passive
incomes
> are earned by landlords and equity owners who don't do anything, as rental
> payments and interest on debt, and the banks earn revenues and may pay
dividends.
> But I guess if we go with this $2,500 plan, then there is $1,250 to pay
rent; and
> you should get out of that rent as soon as possible, and buy $200,000, and
the
> rental properties will be converted into for sale housing or hotels.  And
you can
> get a job and earn more, and buy a nicer home.


So the forbearance would go for 4 years, then we decide there will be no
vaccine
(nor eradication), and COVID is forever.  Really 3.5 years is what that is,
but 4
years covers it.  Those businesses could just bounce back.  Otherwise, the bank
cam be left holding worthless properties, and you're saying we should just raze
the movie theater today, and use the land for something else?

--- SoupGate-Win32 v1.05
 * Origin: you cannot sedate... all the things you hate (1:229/2)