Latest Coronavirus - Yikes

NYSE to Shut Trading Floors Monday After Two Are Infected

The New York Stock Exchange will temporarily shut its trading floors starting Monday and move to fully electronic trading after an employee and a person who worked on the floor both tested positive for coronavirus this week.


The exchange’s equities and options trading floors in New York will close, as will its options trading pit in San Francisco, according to a statement by NYSE owner Intercontinental Exchange Inc.


The company said in a notice to traders that two individuals were screened on Monday and tested positive for coronavirus. The NYSE employee and the person who worked on the trading floor both were barred from entering the building this week and were last inside on Friday.

“Our markets are fully capable of operating in an all-electronic fashion to serve all participants, and we will proceed in that manner until we can re-open our trading floors to our members,” said NYSE President Stacey Cunningham. “While we are taking the precautionary step of closing the trading floors, we continue to firmly believe the markets should remain open and accessible to investors. All NYSE markets will continue to operate under normal trading hours despite the closure of the trading floors.”

The site will remain open this week. On Tuesday, it was “thoroughly sanitized using treatments recommended by federal agencies” and will be again Wednesday evening.

“This is a big deal,” said independent analyst Larry Tabb. “The question is, does the floor provide a differentiated process or just differentiated marketing? I guess we will find out, if after this is over, the floor opens back up, or if they stay electronic and save the tremendous cost of operating.”

Bloomberg - Are you a robot?
 
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Why are they going through 2018 tax returns before doing this?
 
I'm not going to look it up because I don't care. But I believe percentage of accidents per miles driven have gone way down and percentage of deaths per accident is way down also. I dare you to go look it up.

Who cares.

You think the family that lost a father gives a damn about these useless statistics? Somebody died. It sucks, no matter the cause.

We dont stop the world for it.
 
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So the govt is now 26 trillion? in the hole (i.e. bankrupt) and they’re going to send out $1000 to $2000 checks to everyone. Brilliant!

“Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.”​
Frederic Bastiat
 
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I don't know. Is that something new tonight? I figured they would check to see if you had filed a return this year, then distribute stimulus accordingly.
That's what I read. That there are too many people who haven't filed yet this year, so they are conditioning the stimulus checks on last year's tax filings. I don't know. I'm suspicious of stimulus packages, but if this is basically the gov't giving tax money directly back to taxpayers, I'm not sure how it's comparable to socialist universal income like was floated here.

(I'm questioning the "Trump: I'm going to send every American $1,000" part of your post. It sounds like from your reply, you don't believe that to be the case.)
 
New polls show effect of right-wing media's dismissive and conspiratorial coronavirus coverage - CNN
Two polls released this week show the troubling effects that weeks of dismissive and conspiratorial coverage of the novel coronavirus from Fox News and other right-wing media outlets and personalities had on the American public.
The irresponsible coverage had a real effect.

Now that CNN - prime purveyor of false Russiaaaah!, Resistance!, and impeachment narratives, NYT who claims that “If you’re feeling awful, you know who to blame.” and "Let's call it Trumpvirus", Stelter "It's on him" - has cleared things up, I feel better.

I'm sure they have it right this time, even as their narrative falls apart and we see how bureaucracy at CDC and FDA are the primary reasons we're weeks behind in testing.
 
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If I recall correctly, you are a small "c" conservative dude. Thanks for sticking to your principles, regardless of party. It is refreshing to see on here.
Both sides are FOS, I have values and stick to them. People take sides in politics but neither side gives a rats ass about the American people, they're only in this for their own gain.
 
It's a petty thing for the President of the US to continually say. Call it a coronavirus. Call it COVID-19. Heck, even call it the Wuhan coronavirus if nobody can convince him otherwise since that's what it was known as for the most part till the name COVID-19 appeared.

Continually calling it the Chinese virus at this time is juvenile.

Yesterday it was racist.
 
Cutting taxes isn’t going to help the tens of thousands who are about to go many weeks without a paycheck
I know I will catch grief for this but imma gonna do it anyway.

This is what private charities, churches, families, community groups are for. They can distribute aid to those in need more efficiently and more effectively than Uncle Sam can. Also, if tens of thousands need help, give it to them if we must. But keep it confined to those who really need; not $1000 to everyone who passes the means testing.

Lastly, we used to be taught to save for a rainy day. We don't do that anymore. We live up to and beyond our means. We carry credit cards for emergencies but we max them out and carry balances. We need to feel the consequences of our decisions. We need to alter how we choose to live. We need to stop looking for the government to answer every crisis because they create more than they ever solve. We are 23T in the freakin red because everybody wants more and simply expects politicians to give it to them.

At some point, all these chickens will come home to roost.

End rant.
 
That's what I read. That there are too many people who haven't filed yet this year, so they are conditioning the stimulus checks on last year's tax filings. I don't know. I'm suspicious of stimulus packages, but if this is basically the gov't giving tax money directly back to taxpayers, I'm not sure how it's comparable to socialist universal income like was floated here.

(I'm questioning the "Trump: I'm going to send every American $1,000" part of your post. It sounds like from your reply, you don't believe that to be the case.)
I think there will be a stimulus package for everyone. I don't think it will be giving tax money back to taxpayers, it will be on top of that. And I guess it makes since to go back to last year, since so many still haven't filed a return this year.
 
I know I will catch grief for this but imma gonna do it anyway.

This is what private charities, churches, families, community groups are for. They can distribute aid to those in need more efficiently and more effectively than Uncle Sam can. Also, if tens of thousands need help, give it to them if we must. But keep it confined to those who really need; not $1000 to everyone who passes the mean testing.

Lastly, we used to be taught to save for a rainy day. We don't do that anymore. We live up to and beyond our means. We carry credit cards for emergencies but we max them out and carry balances. We need to feel the consequences of our decisions. We need to alter how we choose to live. We need to stop looking for the government to answer every crisis because they create more than they ever solve. We are 23T in the freakin red because everybody wants more and simply expects politicians to give it to them.

At some point, all these chickens will come home to roost.

End rant.
I agree on everything you said. I'm a proponent on Volunteerism. I believe the gov't bloats, wastes money and hordes power. I believe our culture and economy is built on debt, which creates slaves.
 
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