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The rich are getting richer

coroner

Peace Sells...but who's buying?
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To expand on those numbers, about 60 of the largest hospital chains collected $15 out of $175 billion to cover costs and lost revenue tied to treating COVID-19 patients. That’s only about 9%, but; those top 60 largest hospital chains actually account for more than 9% of the nation’s hospitals.

At least 36 chains laid off, furloughed, or reduced pay of employees. And, grant recipients included nonprofits and publicly traded firms (like HCA and Tenet Healthcare) with tens of billions in emergency cash reserves.

Where it gets controversial is the funds were allocated based on patient revenue and didn’t take into account financial need. This benefits hospitals serving wealthier, privately insured patients.

HHS said it had to get the money out fast, and accounting for need would’ve slowed things down. Hospitals didn’t have to apply for the grants, though it was encouraged they use them to pay and protect doctors, nurses, and other workers.

Bottom line is that many big hospitals are taking a hit. But their rainy day funds can survive a hurricane, whereas most smaller and rural hospitals only have 30 days of runway. “Even before COVID-19, roughly 400 hospitals in rural America were at risk of closing”, according to Alan Morgan chief executive of the National Rural Hospital Association. On average, the country’s 2,000 rural hospitals (roughly 1/3 in the nation) have enough cash to keep their doors open for 30 days.
 
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Napoleon1801

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According to our admin the bailout covers about half of our losses. Despite receiving it, we took 100's of month long furloughs across departments, fired off several VPs, and gave a 20% salary cut to all physicians and admin. This is pretty crazy stuff.
 

LADoc00

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Get popcorn, real action just started:
1.) Rapper just declared himself warlord of the autonomous zone in Seattle.
2.) Market just crapped itself.


Also dont try to get all "tactical Joe" now that the end of civilization is upon us. You had all your life to purchase and train with firearms, hit the gym, gear etc.

Every time one of these guys with a brand new, never fired AR roll out of their truck sporting some epic beer belly, all you end up doing is putting more weapons into the hands of chaos when you inevitably crump under real fire.
 

calvnandhobbs68

I KNOW NOTHING
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Get popcorn, real action just started:
1.) Rapper just declared himself warlord of the autonomous zone in Seattle.
2.) Market just crapped itself.


Also dont try to get all "tactical Joe" now that the end of civilization is upon us. You had all your life to purchase and train with firearms, hit the gym, gear etc.

Every time one of these guys with a brand new, never fired AR roll out of their truck sporting some epic beer belly, all you end up doing is putting more weapons into the hands of chaos when you inevitably crump under real fire.

lol wat
 
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Med Director New England

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Get popcorn, real action just started:
1.) Rapper just declared himself warlord of the autonomous zone in Seattle.
2.) Market just crapped itself.


Also dont try to get all "tactical Joe" now that the end of civilization is upon us. You had all your life to purchase and train with firearms, hit the gym, gear etc.

Every time one of these guys with a brand new, never fired AR roll out of their truck sporting some epic beer belly, all you end up doing is putting more weapons into the hands of chaos when you inevitably crump under real fire.
#2 - that one hurt. Gotta admit after about 11 am I was too distracted to be pondering cancer or not at the scope.

you still all cash ?
 

mikesheree

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Get popcorn, real action just started:
1.) Rapper just declared himself warlord of the autonomous zone in Seattle.
2.) Market just crapped itself.


Also dont try to get all "tactical Joe" now that the end of civilization is upon us. You had all your life to purchase and train with firearms, hit the gym, gear etc.

Every time one of these guys with a brand new, never fired AR roll out of their truck sporting some epic beer belly, all you end up doing is putting more weapons into the hands of chaos when you inevitably crump under real fire.

The Nighthawk Custom T4 is on the hip and ready!


Sent from my iPad using Tapatalk
 
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LADoc00

Gen X, the last great generation
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I feel fortunate that I have become a Pablo Escobar kind of character employing many hundreds of people (all legal jobs) in the hills of KY.

Go rural people.

I will regret staying in CA at some point. You will be probably be fine while Im fighting some last ditch rear guard action in my neighborhood....Firebase Gloria-style.

Hard when all your family for generations are buried somewhere though and your family is one place, Im reluctant to abandon the "homeland" and more inclined at this stage in my life to plant the flag and just die on it for closure.

We will see.

The conversations we are having on SDN now I would have NEVER imagined when I first joined like 16+ years ago.
 
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y2k_free_radical

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I will regret staying in CA at some point. You will be probably be fine while Im fighting some last ditch rear guard action in my neighborhood....Firebase Gloria-style.

Hard when all your family for generations are buried somewhere though and your family is one place, Im reluctant to abandon the "homeland" and more inclined at this stage in my life to plant the flag and just die on it for closure.

We will see.

The conversations we are having on SDN now I would have NEVER imagined when I first joined like 16+ years ago.
This is like living the 1960s all over again
 

gbwillner

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Get popcorn, real action just started:
1.) Rapper just declared himself warlord of the autonomous zone in Seattle.
2.) Market just crapped itself.


Also dont try to get all "tactical Joe" now that the end of civilization is upon us. You had all your life to purchase and train with firearms, hit the gym, gear etc.

Every time one of these guys with a brand new, never fired AR roll out of their truck sporting some epic beer belly, all you end up doing is putting more weapons into the hands of chaos when you inevitably crump under real fire.

I wouldn't discount the army of basement-dwelling internet tough-guys and their AR-15s. They have proven combat effectiveness (in Battlefield AND in Call of Duty: Modern Warfare). They are usually separated into two different elite units: Meal Team Six and the Gravy Seals.

While formidable, they only have two known weaknesses: speaking to members of the opposite sex, and Cheetos.
 
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gbwillner

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I just realized I have been incredibly unfair to these special forces units. I mistakenly stated that MT6 and the Gravy Seals are different elite units. In reality, as I'm sure you are all aware, MT6 is a subunit within the Gravy Seals. Both operate in amphibious assaults.

The other division of the internet tough-guy brigade is of course, the Delta Forks.

/OK, I'm done now.
 
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LADoc00

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You guys laugh but I literally had a guy ride a beater moped to my house and ask if I could "upgrade" his AR he built himself after having a conversation with my 10 year old on Fortnite...I almost lost it before politely telling him it was bad idea to riding around on his moped with an AR in his backpack....
 

gbwillner

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You guys laugh but I literally had a guy ride a beater moped to my house and ask if I could "upgrade" his AR he built himself after having a conversation with my 10 year old on Fortnite...I almost lost it before politely telling him it was bad idea to riding around on his moped with an AR in his backpack....
Doesn't your 10-year-old know about "stranger danger"? How often is [he] giving out your home address to randos in the internet? Does Chris Hansen stake our your property?
 
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LADoc00

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Bets on date for the market crash? I'm amazed that it hasn't happened, but I guess the Fed has the ring to rule them all.

Dont ask me....please...I would have guessed we would have already revisited 2300 in the S&P by now. Now I think our eventual bottom will take far longer to reach and due to circumstances be far lower than I predicted in early March. We are facing a dual tsunami threat of 1.) low consumer spending that will last for a very long time and get much worse 2.) massive corporate debt balances that create zombie corporations stinking up the exchanges and related ETFs for the next several decades (see Japan circa 1989).

Im thinking August-September we revisit near 2000. Then trickle down into sub2000 in 2021 and stay there for 2-3 years. No clue what the real bottom is but alot of people have called sub1000 based on technical patterns.

The Fed is propping up the entire market with both junk bond purchases and ETF buys in the TRILLIONS. This is mind boggling. The premise that this will be short lived was wrong and if that balance sheet goes south as I think it will, the Fed as we know it will be gone after this. Which to me is a great thing.
 

Spikebd

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Dont ask me....please...I would have guessed we would have already revisited 2300 in the S&P by now. Now I think our eventual bottom will take far longer to reach and due to circumstances be far lower than I predicted in early March. We are facing a dual tsunami threat of 1.) low consumer spending that will last for a very long time and get much worse 2.) massive corporate debt balances that create zombie corporations stinking up the exchanges and related ETFs for the next several decades (see Japan circa 1989).

Im thinking August-September we revisit near 2000. Then trickle down into sub2000 in 2021 and stay there for 2-3 years. No clue what the real bottom is but alot of people have called sub1000 based on technical patterns.

The Fed is propping up the entire market with both junk bond purchases and ETF buys in the TRILLIONS. This is mind boggling. The premise that this will be short lived was wrong and if that balance sheet goes south as I think it will, the Fed as we know it will be gone after this. Which to me is a great thing.
Yep. Covid will be used to tank the market, especially before the November election. There might not even be an election due to the pandemic, instead we may see a coup.

Trump said he’s open to approving another “very generous” stimulus. This is getting us accustomed to Universal Basic Income, which will be given to about 30% of the populace. A permanent underclass of slug-human will be created.
 

LADoc00

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Im not sure slug human is fair. People will utilize the resources around them in a predictable fashion based on heuristic genetic programming of our 500,000 year evolutionary history.

If government creates a slug sandbox, then they are problem and not the participants who are merely puppets in the show.
 
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Spikebd

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I think LA is right, a lot of people like to get up and work at something during the day. But Who knows how UBI would look. The men will either sit at home in an apartment getting fat playing video games, or else get high on drugs. Who knows what women will do with their UBI?
 

LADoc00

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you are assuming that most folks have a good work ethic.
i’m not sure.


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Almost no life form, plant, animal, bacteria..on the planet have a good work ethic if put in the wrong environment. Look at overweight pets, their wild counterparts are nearly unrecognizable now.

Look at wine making: the grapes are stressed a little bit, just a bit, as that is essential for their full development and most rich expression.

The industrial revolution and the tech boom that has since followed is both the twin bane and boon to the human race. What has taken us to stars will be what puts whole civilizations and races into the grave.

Modern mega cities are truly a disease that at least in one sense we are about to get the cure for.
 
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Guest8

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Almost no life form, plant, animal, bacteria..on the planet have a good work ethic if put in the wrong environment. Look at overweight pets, their wild counterparts are nearly unrecognizable now.

Look at wine making: the grapes are stressed a little bit, just a bit, as that is essential for their full development and most rich expression.

The industrial revolution and the tech boom that has since followed is both the twin bane and boon to the human race. What has taken us to stars will be what puts whole civilizations and races into the grave.

Modern mega cities are truly a disease that at least in one sense we are about to get the cure for.
Even if humans temporarily flee cities, they'll go right back. Heck, humans live right next to Mt. Vesuvius still. We still build houses on crumbling shore lines. Next to the Mississippi river. Etc etc. Our short-term memories don't even last a generation. Cities exist because concentrating human knowledge and wealth is innate. Cities will always exist.
 

NITRAS

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Almost no life form, plant, animal, bacteria..on the planet have a good work ethic if put in the wrong environment. Look at overweight pets, their wild counterparts are nearly unrecognizable now.

Look at wine making: the grapes are stressed a little bit, just a bit, as that is essential for their full development and most rich expression.

The industrial revolution and the tech boom that has since followed is both the twin bane and boon to the human race. What has taken us to stars will be what puts whole civilizations and races into the grave.

Modern mega cities are truly a disease that at least in one sense we are about to get the cure for.


Say. . . What?!

Modern mega cities? You been reading Judge Dredd? Or just too much environmentalist BS? This pandemic will kill lots of people and leave scars, but it isn’t a society or world ending plague. In a few years, this will just be a couple sentence in the post modern history books.

People aren’t bacteria nor animals. The highest marginal income tax rates are for poor people because of the plethora of government subsidies and programs to “assist” the poor folk, and people get surprised that people stay poor.

We have breed an environment of victim hood and we have lost the “can do” Mentality. We shouldn’t be surprised when people don’t work to succeed.
 

gbwillner

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Say. . . What?!

Modern mega cities? You been reading Judge Dredd? Or just too much environmentalist BS? This pandemic will kill lots of people and leave scars, but it isn’t a society or world ending plague. In a few years, this will just be a couple sentence in the post modern history books.

People aren’t bacteria nor animals. The highest marginal income tax rates are for poor people because of the plethora of government subsidies and programs to “assist” the poor folk, and people get surprised that people stay poor.

We have breed an environment of victim hood and we have lost the “can do” Mentality. We shouldn’t be surprised when people don’t work to succeed.
I was going to post a thorough and philosophical response to this, particularly to the part blaming poor people on an environment of victimhood (I can smell the Reaganomics from here), but then I remembered this is a Pathology forum and realized that the only noteworthy thing to respond to you is that Judge Dredd rules and is an accurate prediction of the future of the US.
 
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