What would it take for the U.S. to enter a recession?

[Fat Charlie]

Never watched her show. Won't do it.

[freebeard]

My friends who live upriver watch her daily. She doesn't have enough presence on Youtube or Bit-chute for me to follow.

Tim Pool had this to say: Trump Actually PRAISED Rachel Maddow??! Maddow Then Figuratively Spits In His Face

I put Jones and Maddow in the same bucket: Entertainers with en.wikipedia.org/wiki/Histrionic_personality_disorder.

[JSH]

Originally Posted by freebeard

I was asking Xist, but thanks for chiming in

I was just curious if we are talking about the same person. After all, back in post #65 you posted a news ranking site that has this to say about him:

"Overall, InfoWars/Alex Jones is a crackpot, tin foil hat level conspiracy website that also strongly promotes pseudoscience. The amount of fake news and debunked conspiracy claims, as well as extreme right wing bias, renders InfoWars a non-credible source on any level."

I had a contract engineer working on my team that was a HUGE fan.

Originally Posted by freebeard

How do you feel about Rachel Maddow?

Google tells me she is a host on MSNBC. I haven't had cable since 2005 so I can't really give you an opinion.

What little TV news I watch is pretty much limited to BBC World News (for actual news) and our local station for the weather and traffic while I get ready for work. (Local news hasn't had actual news in decades)

[Xist]

Originally Posted by Fat Charlie

That's it, we're screwed. You can't solve a pandemic in 144 characters.

The same Rachel Maddow--wait, were you asking JSH?

JSH, how do you feel about John Stewart?

[JSH]

Originally Posted by Xist

JSH, how do you feel about John Stewart?

He is a comedian - on cable - which I don't have.

[freebeard]

I was just curious if we are talking about the same person. After all, back in post #65 you posted a news ranking site that has this to say about him:

Impressive memory and eye for detail. That's a site I pulled out of my ...search engine; but looking again it might be worth exploring:

Left
Left-Center
Least Biased
Right-Center
Right
Pro-Science
Conspiracy-Pseudoscience
Questionable Sources
Satire
Re-Evaluated Sources
Country Profiles

I haven't watched TV since (basically) 1975 but since the mid-90s we've had other sources. Since 2017-10 we have authoritative sourcing in the open source intelligence community. [weaponized autists]

It's all according to prophesy. The choice to know is yours.

AJ is lyricist for one of my favorite folk songs: Alex Jones Rants as an Indie Folk Song

The same Rachel Maddow--wait, were you asking JSH?

I'm not like TexasCotton in that other thread. Just trying to be part of the conversation. I'd rather discuss the SpaceX Dragon XL's contract with Artemis or the first season of Hands Off Eizouken but that's not what's happening here.

Jon Stewart: apparently irreplaceable.

[redpoint5]

Originally Posted by JSH

This has the potential to go either way. Yes, the drop is way deeper than 2008/2009 but so could the rise. It all depends whether we react to this is a coordinated way or not. We must do a nationwide shut down to buy time and stop the spread.

...The Republicans that a loath to give the unemployed and poor any money didn't blink at giving every unemployed person an extra $600 a week check and expanding who qualified.... The Democrats that hate large corporations signed off on $500 billion to keep them in business with very few strings attached.

...I would feel a whole lot better with a President Pence in charge today instead of Trump. I would feel WAY better with my personal 2016 choice Kasich in charge. I wonder how many people in the GOP feel the same way and are secretly regretting not taking the chance to get rid of Trump when they could. They will all rise or fall on what Trump does.

The fact that dogs and cats are getting along is an indication that things are dire. An unprecedented "shelter in place" order in many cities is indicative of the problem. There's a study showing a best case scenario of 8x hospital capacity in the US and the UK. Then we have Trump saying maybe Easter. The truth is probably somewhere between those extremes, which still isn't pretty.

I just listened to Pence on Uncommon Knowledge and was extremely impressed with how he handled the interview. He gave answers with a political bent, but still stayed on topic without being dishonest. He is a credit to his political party. I'd be extremely comfortable with him running the show. I'd miss some of the comedy the current POTUS gives, but I'm willing to sacrifice amusement for serving US citizens with integrity.

Trump is the best bet for Rs despite the huge, glaring deficiencies. The same can be said of the Ds likely nominees.

Originally Posted by Xist

Iceland is testing everyone possible, finding many asymptomatic cases, and seemingly maintaining control.

Iceland has a population the size of Bend and Eugene (Oregon). Haven't heard of those towns; it's because they have a relatively small population... JHS beat me to it.

My point is that the entire country is a fraction of a small state in the US.

[Xist]

Originally Posted by JSH

It means the Fed is adding liquidity to the market. They are buying treasuries from banks (not directly from the Treasury in daily auctions) to pump money into the market and keep banks from hording cash and freezing up the system.

They did the same thing in 2008 / 2009. In late 2008 banks had a lot of assets but needed cash. The problem was nobody wanted to give up cash to buy the assets. So the Fed stepped in and bought those assets which pumped much need cash (liquidity) into the markets. Then when the economy got better they started selling off those assets (treasures, bonds, mortgages, etc) that they bought during the financial crisis back into the open market.

The European and Japanese central banks do the same thing.

JSH, were you discussing Quantitative Easing earlier?

Is Quantitative Easing Effective?
During the QE programs conducted by the U.S. Federal Reserve starting in 2008, the Fed increased the money supply by $4 trillion. This means that the asset side of the Fed's balance sheet grew significantly as it purchased bonds, mortgages, and other assets. The Fed's liabilities, primarily reserves at U.S. banks, grew by the same amount. The goal was that the banks would lend and invest those reserves to stimulate growth.

However, as you can see in the following chart, banks held onto much of that money as excess reserves. At its peak, U.S. banks held $2.7 trillion in excess reserves, which was an unexpected outcome for the Fed's QE program.

Most economists believe that the Fed's QE program helped rescue the U.S. (and world) economy following the 2008 financial crisis. However, the magnitude of its role in the subsequent recovery is more debated and impossible to quantify. Other central banks have attempted to deploy QE to fight recession and deflation with similarly cloudy results.

How The Fed’s Interest Rates Affect Consumers

[Xist]

Yet people insist that socialized medicine wouldn't be more expensive and complicated in a large country like the U.S.

It was weird when Soldiers argue this.

How many leaders do you need for four Soldiers?

One E5.

How many leaders do you need for sixteen Soldiers?

Four E5s and one E6.

The numbers vary, but the point is that each time that you increase the size, you need someone even better paid.

Iceland has a population of 341,243. That is bigger than Rhode Island, Delaware, South Dakota, North Dakota, Alaska, D.C., Vermont, or Wyoming, but Phoenix, Tucson, and Mesa have more people, so yes, it is small.

[redpoint5]

I don't know which way you're arguing on socialized medicine.

For sure it's simpler and can be less expensive. The only thing you lose is liberty. In my view, probably worth it considering our current situation (and I lean slightly libertarian). Our current system has the worst aspects of both capitalism and socialism. At least in socialized medicine you'll still have the option to pay out of pocket for private medicine. The only thing I don't like is that when the public is responsible for your healthcare, they are also responsible for your personal life decisions. Maybe the socialists make donuts illegal even though I don't abuse them.