Objectively intelligent.

[Icky Thump]

Coming soon to a neighborhood near you

https://twitter.com/bostonTVguy/stat...82389382787072

[Icky Thump]

The purpose of this research study is to determine if chloroquine is effective in health care workers with moderate to high risk of exposure to COVID-19 in preventing symptomatic COVID-19 infections.

[Replaced_Texan]

Originally Posted by Icky Thump

The purpose of this research study is to determine if chloroquine is effective in health care workers with moderate to high risk of exposure to COVID-19 in preventing symptomatic COVID-19 infections.

I chatted with an ID doc today who explained to me that the corona virus is acting very similar in the way it attacks the hemoglobin to malaria. He thinks hydroxychloroquine will turn out to be a pretty good drug.

He's also very glad to be out of the game. He set up the Ebola protocols a few years ago and said getting in and out of the PPE is a right pain in the ass.

[Icky Thump]

Yes, may be heading toward team #paynobills

https://www.reuters.com/article/us-j...-idUSKCN21T0VU

tl:dr Icky, just kissed his $20 million goodbye

[LessinSF]

Originally Posted by Icky Thump

Yes, may be heading toward team #paynobills

https://www.reuters.com/article/us-j...-idUSKCN21T0VU

tl:dr Icky, just kissed his $20 million goodbye

I'm sure some are just opportunistic, but, damn, "The residential mortgage market is already under strain after borrower requests to delay mortgage payments rose 1,900% in the second half of March, Reuters reported."

[sebastian_dangerfield]

Originally Posted by Icky Thump

Yes, may be heading toward team #paynobills

https://www.reuters.com/article/us-j...-idUSKCN21T0VU

tl:dr Icky, just kissed his $20 million goodbye

Kind of a redundant action. Nobody’s applying or qualifying for shit anyway, as no bank could credibly believe the borrower would definitely have a job in two months.

Half the loans qualified today would never close because the borrower would lose their jobs before closing.

The market’s partly delusional. It’s not pricing in the lag between reopen and full resumption of consumer spending. And it definitely wants to climb as high as possible before it collapses. The big boys want one more run of Main Street and other suckers buying the dip.

There’s also a lot of stock pickers operating on the insane assumption certain sectors are significantly immune. I see no sector escaping this. Picking winners here is finding companies merely significantly damaged versus those obliterated.

We’re going to need a national moratorium on all fixed debt obligations for 3-6 months. You cannot fix this with a cash hose.

But ask yourself, if we did that, who would lose? Well, banks and many investors. Okay. But they’re both going to get killed anyway. Banks are fucked. They just don’t know it yet. And investors? If you aren’t out, well, good luck on a real long hold and road back.

Also, as the people outside HC and insurance who think they’re going continue working right through this start losing jobs, things will clarify. Wait for the white collar layoffs to really take hold. Then the panic will set in and you’ll see the market go insane. Lots of folks are still in the denial phase of the five stages of grief.

I’ve got one more month of receivables before I know I’ll go dry. Then it’s live like a hermit and spend like you’re on welfare until this is over. YMMV, but 75% of the country is going there, quickly.

Ya think anyone’s going to be paying lawyers for elective shit in the next few months? Closings? Ha. Starting lawsuits of choice? Forget it. Dealing with regulators? What regulators? Settling the big plaintiff’s cases? Well, maybe a few defendants will see this as leverage to settle at discount, but more will just hoard their money and see if the plaintiff’s firm collapses, which is entirely possible. Criminal lawyers can’t even get into court in most places!

75% of the country is going to be dormant soon. And I’d say half of those are going to be defaulting in the next 30 days.

We’re on the fucking Edmund Fitzgerald, and until those of us who think we can survive realize it, we’re going to dither thru dipshit half measure fixes and futile Fed interventions.

Freeze time. Freeze everything for 3 months except essential services. Nobody owes any fixed payment, lease, loan, or credit card. It’s like the country simply goes into a coma.

There is no other way.

[Icky Thump]

Originally Posted by sebastian_dangerfield

Ya think anyone’s going to be paying lawyers for elective shit in the next few months? Closings? Ha. Starting lawsuits of choice? Forget it. Dealing with regulators? What regulators? Settling the big plaintiff’s cases? Well, maybe a few defendants will see this as leverage to settle at discount, but more will just hoard their money and see if the plaintiff’s firm collapses, which is entirely possible. Criminal lawyers can’t even get into court in most places!

The have had luck getting $ from bankruptcy trusts during this pandemic so we are piling on. We have been doing deps (virtually) and think the courts may reopen virtually soon.

[sebastian_dangerfield]

Originally Posted by Icky Thump

The have had luck getting $ from bankruptcy trusts during this pandemic so we are piling on. We have been doing deps (virtually) and think the courts may reopen virtually soon.

We’re in near total closure. Nothing’s being heard until May. All statutes of limitations in civil matters this month are extended into May.

Getting a deed filed is a fucking chore.

But this place is a shitho— er, I mean, commonwealth. That means each county is its own little fiefdom. Courts may operate more normally in states where the courts are more unified.

[Hank Chinaski]

Originally Posted by sebastian_dangerfield

We’re in near total closure. Nothing’s being heard until May. All statutes of limitations in civil matters this month are extended into May.

Getting a deed filed is a fucking chore.

But this place is a shitho— er, I mean, commonwealth. That means each county is its own little fiefdom. Courts may operate more normally in states where the courts are more unified.

Patent Office has sort of relaxed due dates EXCEPT response dates are statutory, and I do not think it can relax a date set by Congress. Al least that is what I'm telling clients- "sure it might be okay, it might also kill your patent in some lawsuit in 10 years."

[Icky Thump]

Originally Posted by sebastian_dangerfield

We’re in near total closure. Nothing’s being heard until May. All statutes of limitations in civil matters this month are extended into May.

Getting a deed filed is a fucking chore.

But this place is a shitho— er, I mean, commonwealth. That means each county is its own little fiefdom. Courts may operate more normally in states where the courts are more unified.

We are open. Our judge has heard and denied emergency motions to stay virtual depositions of dying people because the defendants are insisting on in person depositions. So he may open the courts virtually just to despite defendants.

[Replaced_Texan]

Originally Posted by sebastian_dangerfield

Also, as the people outside HC and insurance who think they’re going continue working right through this start losing jobs, things will clarify. Wait for the white collar layoffs to really take hold. Then the panic will set in and you’ll see the market go insane. Lots of folks are still in the denial phase of the five stages of grief.

HC is weird right now. Some of us are crazy busy (*waves*) but a lot are sitting at home with nothing to do because their clinics are closed to all but telemedicine and the absolute essentials. And billing is obviously way down. We are projecting a super busy June and July, because even if this thing isn't under control by then, people aren't going to be able to hold off care for tooo long. So we're trying to use this downtime (for the non-busy) to work on infrastructure projects that we never have time to do. My practice is upgrading it's EMR with a go-live date of May 2021. We're doubling the implementation meetings for April and May because we know we're going to have a lopsided summer.

We aren't looking at layoffs, but some places are. Which is insane given that HC is the heart and soul of this thing.

[sebastian_dangerfield]

Originally Posted by Replaced_Texan

HC is weird right now. Some of us are crazy busy (*waves*) but a lot are sitting at home with nothing to do because their clinics are closed to all but telemedicine and the absolute essentials. And billing is obviously way down. We are projecting a super busy June and July, because even if this thing isn't under control by then, people aren't going to be able to hold off care for tooo long. So we're trying to use this downtime (for the non-busy) to work on infrastructure projects that we never have time to do. My practice is upgrading it's EMR with a go-live date of May 2021. We're doubling the implementation meetings for April and May because we know we're going to have a lopsided summer.

We aren't looking at layoffs, but some places are. Which is insane given that HC is the heart and soul of this thing.

They’re furloughing docs and nurses and pas in nonessential areas in various parts of this state.

It’s nuts. I know of highly paid admin in these systems who aren’t essential who aren’t getting furloughed or even had their pay cut. But actual medical professional are. Seems bizarre.

[Tyrone Slothrop]

Originally Posted by sebastian_dangerfield

They’re furloughing docs and nurses and pas in nonessential areas in various parts of this state.

It’s nuts. I know of highly paid admin in these systems who aren’t essential who aren’t getting furloughed or even had their pay cut. But actual medical professional are. Seems bizarre.

It's because hospitals are canceling elective surgeries to (a) make room for Covid-19 patients, and (b) reduce the risk that other patients will infect people. There are a lot of actual medical professionals who have skills that are specialized and not hugely useful in the current crisis.

Also, administrations are very good at protecting administrators. It's what they do.

[Icky Thump]

The countries that lock down (New Zealand) with those who don’t.
https://sg.news.yahoo.com/brazil-bra...150712295.html

[Icky Thump]

https://www.nytimes.com/2020/04/23/o...us-states.html

BREAK IT UP: Secession, Division, and the Secret History of America's Imperfect Union is out August 18.