Archive for the Covid / Coronavirus Category

Covid: One Year (March 8, 2021)

Posted in Covid / Coronavirus, Vaccine on March 8, 2021 by e-commentary.org

. . .

K          “A few folks got religion on Wednesday, March 11, a few more on Thursday, March 12, and a whole lot more on Friday the Thirteenth.  By Monday, March 16, religion was gotten by all.”

J          “I remember receiving reminders of meetings of upcoming events throughout the days up until Wednesday and then ‘Cancelled’ and ‘Delayed’ and ‘Rescheduled’ and ‘Postponed’ and ‘Closed’ all day on Thursday.  I said then that we as a society should have gotten two weeks ahead of it.”

. . .

Bumper sticker of the week:

It’s just the flu?

RIP: 2020: Vestigial Democracy; 2021: Free Speech (March 1, 2021)

Posted in Covid / Coronavirus, Elections, First Amendment on March 1, 2021 by e-commentary.org

. . .

K          “At the end of the year, they scroll through pictures of folks we lost in the past year.  In 2020, the year of the Virus, we may have lost ‘Vestigial Democracy’ and in 2021, the year of the Vaccine, we have already lost ‘Free Speech’ without recognizing either loss.  We are off to a terrible start.”

J          “I disagree about the lost democracy.  It was clean or clean enough for me in the real world of dirty politics.  Free speech is another thing.  The First Amendment protects against government intrusion, but now the ‘governments’ are private sector Behemoths who are beyond regulation.  However, I am not totally against bans on speech that is akin to yelling ‘fire’ in a crowded theater.”

K          “These private sector bans will come to haunt us.”

. . .

[See “YouTube Censors Senate Testimony From Doctor On Possible Covid Drug” by Jonathan Turley dated February 4, 2021.]

[See the e-commentary at YouTube:  Your University:  America’s Community College (December 8, 2014)” at a time when it seemed a more benign platform.]

Bumper sticker of the week:

Did they make it Amendment One for a reason?

The Populace Is “Dis-ed”: Discombobulated, Disequilibrated, Disquieted, Disconcerted, Dislocated, Disillusioned, Disappointed, Dismayed, Dissed And Dis-ed (February 8, 2021)

Posted in Covid / Coronavirus, Society, Vaccine on February 8, 2021 by e-commentary.org

. . .

J          “‘Not happy’ is what I am going with today.”

. . .

K          “Everyone is shuffling about the mist and the miasma in a dazed and dreary dreamland.”

. . .

J          “Intoxicated, lobotomized, anesthetized, euthanized, exhausted.”

. . .

K          “If the new age vaccines that have never been proven to be efficacious in the intermediate run turn out to ineffective or worse unacceptably unsafe, it is Katy bar the door.”

. . .

[See the e-commentary at “The Vaccine: The Shot Felt Round The World (November 23, 2020)”, “Covid-19 PanICdemic/Plague:  TSD/PTSD In The New Plague War.  A New Civilian Conservation Corps (CCC)? (April 27, 2020)” and “The Residue of Unrelenting Fear: PTSD Afflicts The Populace (August 28, 2006)”.]

Bumper sticker of the week:

I’d rather have a bottle in front of me than a frontal lobotomy

MLK 2021 (January 18, 2021)

Posted in Covid / Coronavirus, Race, Society, South, Vaccine on January 18, 2021 by e-commentary.org

. . .

K          “I need a break.”

J          “I need a brake.”

. . .

[See the e-commentary at “Covid-19 PanICdemic/Plague:  Rioters / Protestors:  Too Much Noise / Too Little Signal (June 8, 2020)”, King Seale Newton X Davis Dellums Day.  Oh, And Happy Martin Luther King Day! (January 21, 2019)”, “Charlottesville . . . Chancellorsville? (August 14, 2017)”, “Rerouting History (February 15, 2016)”, “The Confederate Flag:  What Does It Mean To You? (July 6, 2015)”, “Celebrate Virginia’s ‘Celebrate Slavery Month’ (April 12, 2010)”, “King Daze (January 20, 2014)”, “Dixie Visited (September 17, 2012)”, “Brown Is The New Black (February 18, 2008)”, “Seeing 2020:  A Sanctuary City Is Legal If It Respects And Protects ____________.  Oh, And Happy Martin Luther King Day! (January 20, 2020)” and “Columbus And The Redskins (October 14, 2013)”.]

Bumper sticker of the week:

Respire and aspire

Letter to the editor of the week (Not published because it implicitly challenges the vaccine monomania):

Got D3 and Zn?

Vitamin D3 and Zinc sustain one’s immune system.  Discuss with your health care provider taking 5000 ius of Vitamin D3 and 50 mg of Zinc regularly along with a balanced diet and vigorous exercise after a night of restful sleep.  Take Zn with a hint of copper (Cu) and an ionophore to get the Zn into your cells!  We should create a contest to craft a catchy slogan like the “slip, slop, slap and wrap” campaign in Australia that encourages kids and adults to protect themselves against the sun and skin cancer.  However, we northerner folks need to address a lack of sun and thus a lack of vitamin D3.  For inspiration, think of the catchy first poem recited by some attentive seven year olds to their occasionally inattentive parents in the car:  “Click It or Ticket”.  Got D ‘n’ Z?

Seeing 20/20 In 2021 (January 4, 2021)

Posted in Covid / Coronavirus, Federal Reserve, Vaccine, Wall Street on January 4, 2021 by e-commentary.org

. . .

K          “We did not see 20/20 in 2020.”

J          “We will see 2020 on steroids in 2021.”

. . .

J          “Despite some concerns, I am ready to take the plunge. They can plunge the needle into my body.”

K          “You know my concerns.  First they said there were no adequate, approved and available treatments which was not true because no available treatments were adequately tested let alone approved.  Second they said their concoctions diagnosed, prevented and treated the disease which is also unproven and unfounded speculation.  I am taking care of myself and thus taking care of the entire community.  I will obtain natural immunity without taking or taxing any public or private resources.  We are in this alone.  I am obliging and accommodating to the reality.”

. . .

K          “Over the last more than dozen years, the economic system has been illiquid with those in power responding by giving more free money / liquidity to the major connected players.  At this time, the system is close to insolvent which cannot be solved by giving away even more money to the major connected players.”

J          “We started the year with this conversation four years ago or so.  This year may be the year.  The problem is giving away money is all they know how to do.  They will continue to give away even more money and give away what is left of our future.  I still hope it is a happy new year.”

. . .

[See the e-commentary one year ago today at “Seeing 2020:  Federal Reserve Logic:  QE =/= QE.  Print, Lie, Print, Lie, Print, Lie.  The Great Financial Coup D’état Rages On. (January 6, 2020)” and four years ago at “Twenty Sixteen (January 4, 2016)” and a few mid-summer reflections and premonitions at “Venturing A Few Unfounded And Unwarranted Predictions (July 13, 2015)”.  “Back Door Inflation (July 16, 2007)” is back knocking at the door.  The coming and not at all paradoxical 1) deflation/drop in the price of “bubble baubles / faux assets” (i.e. ETFs and theme parks) and 2) inflation/rise in the price of “real assets” (i.e. grub and farm land) is discussed in “Stagflation?!?  Hands Down Or Hands Up? (January 14, 2019)”.  In response, “They Can Print Money (November 2, 2015)” and they do print money.]

Bumper stickers of the week:

2021 to 2020:  “Watch this.”

2021 to 2020:  “Hold my beer.”

Keep your stick on the ice

Vaccine Vacillation And Vicissitudes (December 14, 2020)

Posted in Covid / Coronavirus, Health Care, Medicine, Public Health, Vaccine on December 14, 2020 by e-commentary.org

. . .

K          “They make great promises of a vaccine with a ‘success rate’ of 97.312159 % or even, . . . why not, . . . go big and claim 104.312159 % or just make up a number.  Like the Dow, nothing is real today.”

J          “I’ll take it.  Maybe not right now.  It won’t be available to me until April.  We will have more information by then.  If they have enough available vials.  And that turns on whether they can access enough sand to make enough vials.”

. . .

J          “I admit there are some health care workers who are balking at getting the vaccine.  The corporate medical machine instinctively fires them immediately with no severance pay or word of thanks . . . until it realizes there are no ready replacements.  So they are agreeing to keep the disagreement quiet.”

K          “Then the next wave of victims are the most vulnerable who are also more likely nonetheless to suffer unfavorable outcomes.”

J          “Some argue that the most productive should be protected next.”

K          “They can have mine.”

. . .

K          “Why is no one focusing on taking care of the individual?  Why not advise citizens to take Vitamins C and D3 and also Zinc with a ionophore to drive the Zinc into a cell?  And a healthy diet and peaceful sleep?  Maybe shed a few pounds?  A baby aspirin a day to deal with what appears to be a blood condition? That is the solution.”

J          “America is not a preventive medicine kind of place.”

. . .  

K          “Despite efforts to suppress any bad news, word is leaking out to the public.  The MSM and the new age MSM Tech Monsters continue the full-court press to deceive the public but with less success each week.”

J          “I’ll take yours.” 

. . .

[See “95% Vaccine Efficacy? Not So Fast” in “The Automatic Earth” dated December 6, 2020 by Raul Illargi Meijer.]

Bumper stickers of the week:

The self-inflicted Pearl Harbor of our time

We are transitioning from the nightmare of Trumpi to the nightmare of Biden.

2020:  The Year of the Virus; 2021:  The Year of the Vaccine 

Trumpi bungled the Virus; Biden is bungling the Vaccine

Trumpi:  RussiaRussiaRussia

Biden:  ChinaChinaChina

That’s the thing about the future, it is so predictable

The Vaccine: The Shot Felt Round The World (November 23, 2020)

Posted in Covid / Coronavirus, Vaccine on November 23, 2020 by e-commentary.org

. . .

K          “There is probably no other government action that would trigger immediate, spontaneous, unorchestrated, sustained and wide-spread resistance from the public than a mandatory Covid-19 vaccine.  Jamming a needle into a body would be the catalyst for a grand collective commotion from the body politic.”

J          “If a vaccine is rushed to market with even a small number of publicized side effects, the public across the political spectrum will resist.  However, the guinea pigs will all be eager volunteers.”

. . .

K          “So many people are concerned about gun confiscation.  I do not believe the government could possibly confiscate even some guns because there are so many guns and gun owners and too few law enforcement authorities who would enforce the order.  That threat is improbable but not impossible.  However, the threat of forced vaccines is very real.”

J          “If the government comes to confiscate guns, I believe and hope the American people will resist at the first warning.  Forced vaccines are beyond the red line.”

. . .

K          “I do remember being either firm or obstinate or pig-headed depending on your perspective and refusing to get into the car to get the vaccine.  He was far busier than I realized and did not have time to engage in gentle Dr. Spock persuasive reasoning.  The pictures in his medical books were graphic enough to get me to get on board.  I asked the nurse to give me a shot in each arm.  And have not missed a fall flu vaccine since.  But may not take any flu shot next year.”

J          “A friend told me that he remembers the pediatrician patriarch coming up the sidewalk with a treated sugar cube in a cup for the three of them.”

. . .

K          “Absent proof beyond a reasonable doubt, I will not get any Covid-19 vaccine.  I firmly believe there are currently available treatments that are much safer and much more effective and much much cheaper.”

J          “I may consider taking the vaccine, but I will be at the back of the line looking and listening attentively and possibly stepping out to move again to the back of the line.”

. . .

[See “How to Celebrate Thanksgiving in the Midst of Toxic Politics and COVID-19 Lockdowns” in “The Rutherford Institute” dated November 23, 2020 by the award-winning John W. Whitehead.]

[See the e-commentary at “Covid-19 PanICdemic/Plague:  Now What?!  Make Masks Great Again (June 15, 2020)”]

Bumper stickers of the week:

?Give it a shot?

Make masks good again

2020:  The Year of the Virus; 2021:  The Year of the Vaccine 

1963:  Kennedy

First Monday And “Patient One” (October 5, 2020)

Posted in Covid / Coronavirus, First Monday In October, Immanentizing The Eschaton, Presidency, Supreme Court on October 5, 2020 by e-commentary.org

. . .

K          “Are there gradations of illegitimacy?”

J          “Is the Supreme Court just quasi-illegitimate and semi-unrepresentative?”

. . .

K          “I gather that he becomes ‘Patient One’ and gets transported by ‘Marine Corps One’ to ‘Bed One’ for scrutiny by dozens and dozens of doctors.”

J          “Certainly more than one.  If you or I had presented with his symptoms, we would have been sent packing back home thus killing precious time to make a more careful diagnosis and treatment.”

. . .

K          “In the age of vicious irony, her introduction in the Oval Office to the powers that should not be may have turned into a superspreader event.”

J          “Moving from outside in the Rose Garden to inside in the Oval Office may have done it. No is speaking candidly who really knows his condition and the medical cocktail he is consuming.  The age of vicious irony is also the age of calculated ignorance.”

. . .

K          “The Court that may soon have 6.75 Catholics, with 5.75 solidly united in not allowing others to ‘immanentize the eschaton’ and one committed to allowing others to ‘immanentize the eschaton’ in this life.”

J          “And two other souls who also want others to be able to ‘immanentize the eschaton’ in this life.  The Court theoretically could be more unrepresentative but not much more unrepresentative.”

. . .

K          “What so many good folks fail to realize is that Trumpi is effectively packing the Court for the corporations.  A Court that went from the ‘Kennedy Court’ for years to the Roberts Court’ for months is now becoming the ‘Trumpi Court’ for decades with his three picks in three years.”

J          “A Court named not after a justice but someone outside the Court who was always outside the law.  Trumpi aspired successfully to achieve injustice by breaking the law in a legal system that allows the rich to break the law.”

. . .

J          “The controlling Corporatists on the Court hold opinions and values that do not represent the rest of the public pack in America.”

K          “If the opportunity presents, we the unrepresented pack should seriously consider packing the court and sending them packing.  Try to bring that topic up with others and you quickly discover that most folk’s Overton Window is the size of a side door peep hole.”

J          “Roberts sealed the front doors of the Court for the little people years ago and Trump is nailing them shut for two generations.”

K          “RBG opened doors for women and girls.  ACB will close doors for women and girls.”

. . .

[See the e-commentary under the Categories “First Monday In October” and the “Supreme Court”.]

Bumper sticker of the week:

RBG opened doors for women and girls.  ACB will close doors for women and girls.

Covid-19 PanICdemic/Plague: What Is A [Labor Day] Weekend? (September 7, 2020)

Posted in Covid / Coronavirus, Society, Work on September 7, 2020 by e-commentary.org

. . .

J          “The appeal of that show is still beguiling, yet the series appealed to the whole family wholeheartedly and to me.  ‘What is a weekend?’, the Dowager at Downton Abbey inquired at dinner.  What was a declining way of life for the wealthy is now an emerging way of life for the villagers.”

K          “And when you are self-unemployed under the old way of life, you only knew it was the weekend because your friends could come out to play.”

J          “But you are employee of the month every month.”

. . .

K          “The circus had its own calendar and dedicated days.  In the fall and winter, Friday night was demarcated by high school football, Saturday afternoons by college football and almost all of Sunday by professional football.”

J          “And the professional game metastasized into Monday night and then into the Thursday night edition of Monday night football that became Thursday night football.  Tuesday and Wednesday are the weekend for football.  The circus markers are gone or limited.”

. . .

J          “A friend notes that she only knows the day of the week if the newspaper does not arrive which means it is Saturday.”

K          “And then there is always Sunday night.  A friend described the Sunday night malaise that set in every week around 5 o’clock began sooner each year and then set in earlier in the day and then set in upon getting up and then set in around 5 o’clock on Saturday night and then set in earlier in the day and then set in upon getting up and then set in around 5 o’clock on Friday night.”

J          “On Sunday night, you are only seven days away from Sunday night and a fortnight away from Sunday night.”

. . .

K          “And the winter solstice this year falls on a Monday.”

J          “And the day the sun starts returning springs on a Tuesday.”

. . .

K          “Until recently, of course, one typically spent five days in an office and two days in or operating out of a home.  Now seven days are spent in a home office that creates a sense of uninterrupted house arrest.  I even use the word ‘prisoner’ in some conversations to describe my confined circumstances.”

J          “Although I am likely to cancel the furlough, I booked an airline ticket in December that I hold in my hand to hold out hope of getting a work release from the prison I am booked in today.  The ticket is a psychological get out of jail card for fee.”

K          “Book ’im, Danno.”

. . .

J          “What is a weekbegin?”

K          “T.G.I.?.”

. . .

[Follow the criminal proceedings – by the English and American court systems – against Julian Assange at Consortium News.]

[See the e-commentary at Labor Day and Labor Day weekend at “Laboring Day (September 2, 2019)”, “Labor Day.  Oh, And Happy Labor Day! (September 3, 2018)”, “On Writin’ And Livin’ And Laborin’ (September 4, 2017)” and “Doctorin’ And Lawyerin’ And Laborin’ (September 5, 2011)”.]

Bumper stickers of the week:

Labor on!

What is a weekend?

Unions – The folks who brought you the weekend

Everybody’s playing for the week

“Eight hours of work, eight hours of sleep and eight hours of what you will”

T.G.I.?.

“A job?”

Housing:  Another Bubble Blown By Criminally Low Interest Rates (August 24, 2020)

Posted in Covid / Coronavirus, Housing, Interest Rates on August 24, 2020 by e-commentary.org

. . .

K          “We are back in the 2005 – 2007 housing bubble.”

J          “We are careening toward the 2008 bubble burst.”

. . .

K          “The current nearly zero interest rates are a sign of a severely broken economy.  The time value of money should not be zero.”

J          “An irreparably broken economy.  They may drive them negative.  That should be inconceivable and anathema in a market economy.  Free money is not free.”

. . .

K          “Last year it was $49.99 and further reduced with the $10 off coupon for my birthday.  This year it was $59.99 and only reduced with the new $5 off coupon for my birthday.  $39.99 to $54.99 in one year.”

. . .

J          “$7.98 last month to $9.98 this week.  And because of limited supply, I had to drive across city to two stores to find what I needed.”

K          “The cost of the sticks to build a house has gone through the roof.  The cost of roofing materials has gone through the roof.”

. . .   

K          “So many folks are skipping their mortgage payments and using the money and the enhanced and very temporary government financial assistance to buy vehicles and other personal property on credit they may not be able to afford in the coming year.”

J          “Skip one month, look around and discover no immediate consequences.  Skip a second month, look around and discover no immediate consequences.  Skip a third month, look around and discover no immediate consequences.  Then it becomes habit.  Each month they get further and further and further in the hole.  And they forget that when you are in a hole, quit digging.”

. . .

K          “The state foreclosure moratoriums have largely expired yet the federal foreclosure moratoriums are still in place.  The surprise in the market is that the title companies are so busy refinancing loans they cannot get around to handling foreclosures.”

J          “Many present refinancings are future foreclosures in wait.  When you are in a hole, I say, quit digging.”

. . .

K          “Debt may not be repaid but it is always paid.”

J          “Anything that cannot go on forever will not go on forever.”

. . .

K          “Remember when the Queen of England asked some e-con-omists at the LSE why no one had predicted the credit crisis.  She asked the right question to the wrong gang.  What was coming was clear as gin in 2005 and then unfolded predictably over the next few years.”

J          “Do you have her number?”

. . .              

[See the e-commentary at “Housing Again (October 8, 2007)” that discusses the anatomy of a house, “America the Bankrupt: Economics 210 in the Land of the Freeway and the Home of the Wave (January 17, 2005)” discussing the looming “Hyperdive“ decline in the economy, “When the Bubbles Burst (December 4, 2006)” discussing the macroeconomic and microeconomic consequences of the housing market collapse, and “The Dow Jones (the Murdoch ?) Hits 14 K In A Hollow Economy (July 23, 2007)“ discussing the coming decline in the stock market that can only be delayed not avoided.]

Bumper stickers of the week:

“History does not repeat itself, but it rhymes.”  Mark Twain?

Housing Again (October 8, 2007)

A house is a bundle of 1) sticks, 2) dirt, and 3) money/interest obligation.  The Truth In Lending Act requires the lender to provide basic information about the terms of a loan.  A $100,000 house subject to a 30 year mortgage at 10 percent requires the borrower to pay a total of over $316,000 during the life of the loan.  Thus, more than 2/3rds of the money ($216,000) pays for the money; less than 1/3rd ($100,000) pays for the sticks and the dirt.

When interest rate drops to 5 percent, the borrower pays a total of over $192,000 during the life of the 30 year loan.  Thus, less than 1/2 of the money ($92,000) pays for the money; more than 1/2 ($100,000) pays for the sticks and the dirt.

Reducing the interest rate reduces the total purchase price of the sticks, dirt and money/interest obligation needed to acquire the house.  When Greenspan reduced the Federal Funds Rates in 2001 and mortgage interest rates dropped, the price of the money/interest obligation dropped correspondingly.  Those who had the sticks and the dirt at the time were in the money.  Others were able to acquire a house (sticks, dirt, and money/interest obligation), for at least a few years.  Those who obtained a house in the early days of the run-up with a fixed rate mortgage of 5 to 6 percent have a “bird’s nest on the ground” if they keep a cool head.

The interest rate in a typical adjustable rate mortgage (ARM) adjusts upward in the next months and years even if other interest rates do not rise.  When the interest rate rises to 15 percent, the borrower pays a total of over $455,198 during the life of the 30 year loan.  Thus, almost 4/5ths of the money ($355,198) pays for the money; little more than 1/5th ($100,000) pays for the sticks and the dirt.

Many of the ARMs are more difficult to refinance because they include “pre-payment penalties” if the notes are paid early.  A borrower could pay off all but the last month’s obligation and then pay off the last month according to the terms of the note.  Some judges might allow it; some would not.  The pre-payment penalty provisions should be stricken because they are 1) against public policy, 2) unconscionable, 3) fraudulently obtained, 4) buried in adhesion contracts, and/or 5) _________.  There will still be an economic impact because so many investors were fooled and/or fooled themselves into believing that they would receive the substantial returns from the ARMs and other bogus instruments.

The “wealth effect” now has been supplanted by the “poverty effect.”  The “multiplier effect” is being supplanted by the “divider effect.”  And there is not a whole lot that the Fed can do to improve our lot.

However, Al Greenspan recently announced unambiguously that the credit crunch is behind us.  In the near future, no one will even remember this latest pronouncement and hold him to it.

Bumper sticker of the week:

“Time is money, money is time, that is all ye know on earth, and all ye need to know.”    John Maynard Keats