Friday Evening Post-Game

Just another week in the stock and bond markets.

Comments

[henry]

Yeah. Clearance sale time

[GUS]

I love SALES. Especially meat and beer.

[anonamom]

BTFD

[MissMarple2]

https://www.foxnews.com/opinion/rubio-hyde-smith-congress-should-see-the-light-and-make-daylight-saving-time-permanent
=================================
Crap. I thought we had another few weeks.

We did NOT switch our clocks until Mitch Daniels got elected governor. We hate it.

I am in full support of this bill.

[Narciso]

They keep moving the date, why we start in the first place.

[Ignatz Ratzkiwatzki]

Hans A. von Spakovsky [good thing he put that "A" in there] on the 9th circuit's latest shenanigans;
"Remain-in-Mexico" Policy Is Needed to Reduce Illegal Immigration

Given how clear the statute is, one might wonder how a court could say that the MPP is somehow invalid. But that is what the 9th Circuit did in East Bay Sanctuary Covenant v. Trump. It began by ignoring several provisions of federal immigration law that deprive courts of having any say over this issue to begin with.

One of those, 8 U.S.C. Sec. 1252(e)(3), specifically says that regardless of “the nature of the action or claim and without regard to the identity of the party or parties bringing the action, no court may enter declaratory, injunctive, or other equitable relief in any action pertaining to an order to exclude an alien.”

Of course, this is exactly what the lower court and 9th Circuit did in issuing an injunction against the order excluding immigrants from entry into the U.S. while their asylum claim is being evaluated.

The court then held that the MPP is an “arbitrary and capricious” interpretation of the law, even though federal immigration law unambiguously and without any limitation gives the federal government the ability to exclude immigrants who have crossed one of our land borders while their asylum claims are being evaluated.

How can applying the clear text of a federal law be arbitrary and capricious?

[clarice]

Iggy, Iggy, Iggy, you just lack a capacity for nuance.

[Another Bob]

Do not BTFD. It’s just too weird right now. Fantastic jobs report? Ignored.

I got all the way out today. I’m sitting this nonsense out, conserving my powder.

Some set of somebodies wants this market down. That so many are running to treasuries - the parking place when doom is expected - seems to confirm it.

This is not investment advice and the only license I have is a drivers.

[Dave (in MA)]

What's the latest on Pope Covid IXX?

[Ignatz Ratzkiwatzki]

Just to be clear, all that commentary was by Hans, not me, clarice.

[Narciso]

It seems the narrative doesnt want the truth to prevail

https://www.google.com/amp/s/cruxnow.com/vatican/2020/03/with-pius-xii-the-why-is-more-important-than-what-expert-says/amp/

[Dave (in MA)]

I think we should stay on Standard time.

Or just have one time all over the world and deal with it.

[Comanche Voter]

It's been a wild week in the markets. But I'm in it for the long run so just try to shut my eyes to all the movement. I'm staying in with my portfolio--figure that in the long run I'll be okay, and I've got enough to ride it out.

[Narciso]

I think concords legal team is making progress:

https://www.thegatewaypundit.com/2020/03/breaking-exclusive-crowdstrike-and-their-pr-firm-now-distance-themselves-from-russias-link-to-wikileaks-huge-development/

[Narciso]

Ok now what, thus come the zombies

https://mobile.twitter.com/disclosetv/status/1235623296923840520

[Another Bob]

Everyone’s situation is different Comanche. Gotta do what you think is best.

Me? I’m not far from retirement, and in my younger days I round-tripped enough to not make that mistake now.

[MissMarple2]

https://nypost.com/2020/01/29/joe-biden-says-hed-want-michelle-obama-to-be-his-running-mate/

Just when you think it couldn't be more horrifying....

[matt - deplore me if you must]

Ah, a new thread...like a breath of fresh air!

The 9th is going to get spanked again and they probably know it. We are seeing the last gasps of the far left judiciary at the 9th.

China's shipments to the United States are down 20% minimum. They are lying about getting many of the factories back up and running. It will take weeks to get back to normal, and so the

Allianz is expecting a $300 billion+ hit to world trade in the next couple of quarters. Demand will exceed the supply for a lot of China made goods.

I would expect a surge in heavy equipment sales as manufacturers relocate to other countries. Oil is at $40/bbl for WTI, so that's good news except in California, Hawaii and Alaska where it don't much matter what the price of crude is.

It seems to be serious, but manageable and I would expect things to get closer to normal by May.

[Narciso]

And now for sonething completely different

https://www.dailystar.co.uk/tv/kelly-brook-flaunts-eye-popping-21646197

[Narciso]

You wonder why they were not doing their job as atated

https://mobile.twitter.com/lawcrimenews/status/1235990662732034048

[MissMarple2]

Too late for me.

Nytol!

[GUS]

I thought MISCCCCHHHHHELLLE OBAMA was going to be our SURGEON GENERAL.

She's one hell of a DOCTOR.

That shit should be classic. A PHD in bullshit is proposed as SURGEON GENERAL, by a FUCKTARD LIB, name WHOOOPSIE DOOOOPSIE, who has a NATIONAL TEEEE VEEEEE SHOW, and it is completely IGNORED by the MEDIA.

[Narciso]

The thing about the two princes, now detained ahmed is the hardliner and mohammed is the supposed moderate.

[Ignatz Ratzkiwatzki]

Willis Eschenbach;
Crazy Brits scaremongering about fake sea level rise destroy the value of a Welsh Village.
Last part of the article has an amazing system for restoring or creating beaches. Looks like JiB's kinda stuff.

[sbwaters]

Iggy, Iggy, Iggy, you just lack a capacity for nuisance.

[Ignatz Ratzkiwatzki]

So if the Senate looking at Burisma is political and the most self important deliberative body in the history of the universe should be doing other stuff, how does a colossus of rectitude astride puny DC like Mutt Rumbley turn around and vote to look at Burisma?

[cathyf]

NOOOOOOO!!!! to Daylight Savings Time year round. That means kids going to school in pitch black all winter. Adults have cars and headlights and can suck it up. Standard time all year round would be fine...

[Ignatz Ratzkiwatzki]

I bow to no man in my capacity for nuisance.
Women on the other hand...

[Narciso]

Cofer black didnt send him a horses head or whatever is the equivalent over in kiev.

[Ignatz Ratzkiwatzki]

Plus if we have Daylight Savings Time year round that means we'll have to get up an hour earlier all year, right?

[rich]

Posted by: Narciso | March 06, 2020 at 10:47 PM

maybe a yak or a goat.

[Narciso]

Something like that

https://mobile.twitter.com/nomorenightowl/status/1235687831772622848

[Narciso]

And elon musk says dont panic?

[matt - deplore me if you must]

Mulvaney out, meadows in as Chief of Staff. Mulvaney to be special envoy to Ireland.

[clarice]

OMG, Iggy, an hour earlier every single day all year!Let's ask Dr Jill what effect it will have on our rhythms.

[matt - deplore me if you must]

Princess Suckajawea on warpath about Bernie Bros. Says Old Angry Owl let SJ warriors take many scalps and violate treaty between tribes.

[Narciso]

Would that position require senate confirmation, its not an ambassador per se.

[Narciso]

Well she did come in third in her own state, familiarity breeds comtempt?

[Narciso]

Like i said satire has been defeated by purported truth
https://www.theatlantic.com/ideas/archive/2020/03/weekend-bernies-theory-presidency/607489/

[Tom R]

The funniest tweet on Twitter today.

https://twitter.com/frankcaliendo/status/1236089350150111234?s=21

[Stephanie Nene Not Your Normal Granma]

Frank J. Fleming
@IMAO_
·
15h
One way to get rich is to keep asking Brian Williams to give you two tens for a five.

[Tom R]

The good thing about daylight savings time this weekend is that we will lose an hour of rain.

[Dave (in MA)]

LMAO IMAO

[Dave (in MA)]

Is this thing on?

[Dave (in MA)]

I love SALES. Especially meat and beer.

[jim nj]

https://hotair.com/headlines/archives/2020/03/iran-completely-utterly-botched-coronavirus/

[Dave (in MA)]

Former Iranian ambassador to Syria and a hostage-taker of U.S. diplomats, Hossein Sheikholeslam, died Thursday from a Covid19 infection, local news outlets report.

Probably more like sheep hole slam.

[jim nj]

I'm looking at Hot Air and I think it's important to post this non-link to an Allahpundit article.

[jim nj]

Good. Now I don't have Soupy Sales weirding me out with his wobbling image. Two birds, one stone.

[Dave (in MA)]

Heh

[jim nj]

The Atlantic has an article based on conversations with Warren campaign insiders on why it all went wrong.

Save your brain cells. Don't read it.

[Dave (in MA)]

I'm sure she'll come out with a book.
Then Howie Carr can come out with a book with a parody title, like WHAT REALLY HAPPENED as a response to Hillary's WHAT HAPPENED.

[jim nj]

Dave,

For some reason the Soupy Sales pic made me think of Uncle Floyd.

https://en.wikipedia.org/wiki/Floyd_Vivino

He was mostly local to the NYC metro area, but his show was syndicated for a while and some others here may have seen him.

[jim nj]

https://www.realclearpolitics.com/articles/2020/03/06/media_cant_keep_politics_out_of_coronavirus_coverage_142588.html

Well, it's not just the media doing it. Many Democrats are doing the same.

Interesting factoid I wasn't aware of about the 25,00 testing kits available that Pence mentioned.

"An hour later, after getting an earful about her tweet, Alcindor tweeted out some important context. Each one of these coronavirus kits can test 500 people, covering 1.25 million Americans. Perhaps that’s not enough, but for a disease that at the time had infected fewer than 100 Americans, it was on the right scale. And it’s far less panic-inducing than the mistaken belief only 2,500 people can be tested. Yet, Alcindor did not delete her tweet, and days later you can find thousands of people reciting the misleading 2,500 figure on social media as if it’s gospel."

[jim nj]

https://www.marinecorpstimes.com/news/your-marine-corps/2020/03/05/marine-corps-ship-sinking-missile-headed-for-test-fire/

[jim nj]

https://www.hughhewitt.com/discrimination-the-tyranny-of-the-majority/

"We are bright-eyed and bushy-tailed. We are the most productive people in the nation. We do chores before breakfast. We are a minority. WE ARE THE MORNING PEOPLE!

And daylight savings time, which begins this weekend, discriminates against us – it robs us of a precious hour of daylight in our wonderful, productive mornings."

John Schroeder joins the battle.

[jim nj]

https://wattsupwiththat.com/2020/03/06/ny-times-friedman-misrepresents-epas-transparency-rule-again/

Don't touch my secret science. It's important to me that you can't refute it.

[Dave (in MA)]

WE ARE THE MORNING PEOPLE!

AKA weirdos.

[jim nj]

https://www.technologyreview.com/s/615323/why-the-cdc-botched-its-coronavirus-testing/

The first testing kits from the Centers for Disease Control had a simple fault, and red tape prevented other labs from creating their own.

This is a very concise explanation of what went wrong. Money quote: “The great strength the US has always had, not just in virology, is that we’ve always had a wide variety of people and groups working on any given problem,” says Jerome. “When we decided all coronavirus testing had to be done by a single entity, even one as outstanding as CDC, we basically gave away our greatest strength.”

[jim nj]

https://www.cnbc.com/2020/03/06/citigroup-traders-joins-other-banks-in-coronavirus-precaution.html

Citigroup is sending hundreds of its traders and salespeople from its headquarters in downtown Manhattan to a backup facility in Rutherford, New Jersey, next week in contingency plans tied to the virus.
JPMorgan Chase told traders Thursday that some of them can expect to work from locations in New Jersey and Brooklyn, while Morgan Stanley has begun to send some employees to its Purchase, New York, office.

When I worked at Schroder we had a leased disaster-recovery site in NJ that could accommodate a bare bones trading capacity if something happened to our primary location.

It was a first-come first-served deal. Several investment firms used the same facility as a back-up site in the expectation that not all of them would need it at the same time.

Some of the larger firms had dedicated sites that they owned. While dispersing traders may be a good idea all by itself some of the firms may also be thinking this is a good time to test the concept.

We used to do a drill every 6-12 months. We knew the date. The vendor didn't. We would invoke the contract first thing in the morning and travel to the site after the close of business to see if it was set up correctly.

The first test was an absolute disaster. It was so bad the contract was re-worked and we did some dry runs without the traders before invoking a real test.

An upside for any NJ resident who works in NYC and gets transferred to the NJ satellite location is that they will be exempt from NYC and NY State taxes while working in their home state.

[jim nj]

https://spectrum.ieee.org/the-human-os/biomedical/bionics/darpas-firebreak-treatment-for-the-coronavirus

Launched two years ago "Researchers working under the program sought ways to confer instant (but short-term) protection from a dangerous virus or bacteria."

"In the P3 program, the 60-day clock begins when a blood sample is taken from a person who has fully recovered from the disease of interest. Then the researchers screen that sample to find all the protective antibodies the person’s body has made to fight off the virus or bacteria. They use modeling and bioinformatics to choose the antibody that seems most effective at neutralizing the pathogen, and then determine the genetic sequence that codes for the creation of that particular antibody. That snippet of genetic code can then be manufactured quickly and at scale, and injected into people.

Jenkins says this approach is much faster than manufacturing the antibodies themselves. Once the genetic snippets are delivered by an injection, “your body becomes the bioreactor” that creates the antibodies, she says. The P3 program’s goal is to have protective levels of the antibodies circulating within 6 to 24 hours."

It's an interesting idea. Not a vaccine, not an anti-viral, not even a complete antibody, IOW a semblance of a treatment, but only a partial temporary blocker.

Hence the idea of a fire-break. A means to temporarily block infectious transmissions. To buy time.

"Moderna was involved in a related DARPA program known as ADEPT that has since ended. The company’s work on mRNA-based therapies has led it in another interesting direction—last week, the company made news with its announcement that it was testing an mRNA-based vaccine for the coronavirus. That vaccine works by delivering mRNA that instructs the body to make the “spike” protein that’s present on the surface of the coronavirus, thus provoking an immune response that the body will remember if it encounters the whole virus."

As Insty would say "read the whole thing."

[jim nj]

https://www.northjersey.com/story/money/food/2020/03/06/costco-samples-coronavirus-suspends-free-samples/4980216002/

Coronavirus panic spreads: Costco is pulling free samples over COVID-19

[jim nj]

https://www.msn.com/en-us/news/us/florida-2-dead-in-the-state-who-tested-covid-19-positive/ar-BB10R0M9?li=BBnb7Kz

The Florida Department of Health said the two people who died were in their 70s and had traveled overseas.

The daily perfecta. Old people and travel, presumably of the foreign kind.

[Pinandpuller]

In times like these the difference between Koontz and King is mostly a matter of taste but Koontz never had a forward to a book written by Pablo Escobar.

[Pinandpuller]

M-O-O-N spells Koontz. Laws yes.

[Pinandpuller]

Blast from the past but AG Barr is worried about White Supremacy and ADL talking points:

All but one of the murder victims in St. Louis last year were Black, and everybody accused of those murders were also Black. Those were the statistics that prompted one of the city’s top law enforcement officials to make a personal plea to his fellow African-Americans: Stop it now.

“One hundred percent of the people that were caught and accused of those crimes were African-Americans. We have to address that,” St. Louis Public Safety Director Jimmie Edwards said specifically to “Black folk” during an event marking the annual martin Luther King, Jr. national holiday on Monday. “We cannot go forward and continue King’s dream unless we look in the mirror and address that problem. That’s a problem that’s on us.”

https://newsone.com/3769526/black-murders-st-louis-african-american-crime-statistics/

[jim nj]

I think Iran took a risk in allowing people to queue up for their elections. Primarily because I don't think the government was honest about the risks.

You really don't want people to congregate if there is a risk of propagating infections.

Some of the possible congregational events in the US being cancelled seem less about disrupting viral transmission risk as much as reputational risk to the sponsoring organization.

It's a judgement call if you have a scheduled event. You've spent time and money advertising it. You can't absolutely quantify the risk, yet people will attend the event if you don't cancel. Because you asked them to attend.

Do you go ahead with the event and hope for the best? Assuming that the attendees are making rational decisions to participate and have weighed the risk and agreed with you that the event should continue.

Or do you cancel the event so no one can blame you for an outbreak? No one comes to the event, but they go somewhere else and infections happen there instead.

Are these decisions based on altruism or fear of being blamed?

Not our fault. We covered our ass.

[jim nj]

nytol

[hoyden]

All the other 57 genders are chopped liver. That's it. I'm voting for Donald John Trump.

THE WEEK IN PICTURES: YOU KNOW THE THING EDITION

You know The Thing: We hold these truths to be self-evident, that Joe Biden is a complete dufus, endowed by Darwin with certain undeniable liabilities, among which are lies, liberty with womens’ and childrens’ hair, and the pursuit of word salads about Corn Pop, leg hair, and other deeds that got Chris Matthews fired from MSNBC.

[anonamom]

Standard time all year around gets my vote.
Quit messing with stuff.

[Captain Hate]

NOOOOOOO!!!! to Daylight Savings Time year round. That means kids going to school in pitch black all winter.

For the children? When did we become the left? I don't care and standard time is fine; just stop the stupid changing!

[Another Bob]

Year-round “daylight savings time” is, literally, meaningless

Anyone advocating for it is, literally, an idiot.

[Another Bob]

It’s not “reputational risk”, it’s legal risk. You know there are ambulance chasers ready to pounce right?

[Buckeye]

If you don’t like waiting for the sun to come up, move East:)

[Another Bob]

Never saw the point to daylight “savings” time. Absolutely no daylight is “saved”. If enough people are that concerned about children in the dark, the school districts can shift their start times.

Someone has probably tried this “study” - I’d not be surprised to find that more people are injured and killed by the mucking with their circadian rhythms than are injured and killed by having to do a normal activity in the dark.

Want a radical idea? Let’s do away with timezones.

[anonamom]

Ig---I think you will find this of interest:

https://optimisingnutrition.com/2020/03/07/can-longevity-be-bought-in-a-bottle-thoughts-on-david-sinclairs-lifespan/

(Open to all. I have not a thing to add to it--no plans to discuss)

[Tom Bowler]

I'd prefer daylight savings time year round. If it's too dark in the morning, delay the start of school by a half hour or an hour. I like more daylight in the evening.

[Buckeye]

I’m going full sexist this morning.

I don’t think women should be allowed to run for President.

We’ve had Hillary bitching for nearly 4 years about getting screwed in an election, and now Lizzie is talking the same crap.

Oughta be a law against it.

No, I didn’t run this past Mrs. Buckeye:)

[Extraneus]

Director of taxpayer-funded museum resigns after online backlash over post wishing death to Republicans

Melonnie Hicks was the executive director of the Pioneer City County Museum in Sweetwater, Texas, when she posted the offensive missive on Facebook.

"I hope every single one of you pieces of s**t that votes republican, dies today," she wrote on Super Tuesday.

The post quickly went viral on social media with many bombarding the Twitter account of the library.

The museum released a lengthy statement later on Friday about the debacle and said Hicks had resigned.

[Another Bob]

TomB, I assume you work a “punch a clock” job?

[Extraneus]

https://theconservativetreehouse.com/2020/03/06/attorney-general-bill-barr-responds-to-federal-judge-who-questioned-his-credibility/

[Another Bob]

I’m kinda with you Buckeye. The identity politics slicing and dicing has created a lot of excuses for certain sets of people to not look inward when they fail.

[Tom Bowler]

Actually, I'm retired, AB. When I was gainfully employed I was a legacy programmer - COBOL - in the financial services industry. I was the technical designer of a margin account segregation system in the 90s.

[Captain Hate]

We’ve had Hillary bitching for nearly 4 years about getting screwed in an election, and now Lizzie is talking the same crap.

The nags couldn't have come up with two worse examples of the weaker sex than those two.

[Captain Hate]

Time zones are the only thing there seems to be international agreement on, like a useful UN. I don't think the commies or the French Revolution loons tried screwing around with that; the calendar and resetting the year numbers were another thing...

[Tom Bowler]

I suppose my preference for evening daylight comes of playing so much slow pitch softball after work. And then I took up running and I did that after work. Hated getting up in the morning to do it.

Apologies for joining in conversation and then bolting, but I have to drive to Connecticut, so I have to sign off.

[Another Bob]

That’s actually not true CH. I deal with timezone maps regularly, and they change regularly (yes, usually but not always in small ways, but still). There are timezone disputes in many places. Some localities declare themselves part of a timezone they’re not part of, etc.

The air travel systems have worked on a timezone-less system forever, because it simplifies and removes opportunities for errors.

[Buckeye]

CH

Is Mrs. Hate resting comfortably?

[Captain Hate]

Yes, Buckeye; thanks for asking. Her idiot sister is annoying her so the recovery is progressing nicely.

AB, I know India goes by being off by a half hour, and I'm sure there are other odd quirks for whatever reason. My point was it's almost universally understood that noon is a concept that should mean something specific no matter where you are.

[Buckeye]

Well CH, If her sister is doing the “step and fetch”, probably worth it.

Means less times you have to get up outta your chair:)

[peter]

Iggy mentioned Robert Gordon on the last thread. I didn't think anyone remembered him. I had a great cassette of his, which unfortunately got stolen from my car back in the day.

[Ignatz Ratzkiwatzki]

--I’m going full sexist this morning.

I don’t think women should be allowed to run for President.--

Whether you're a sexist or not I don't know. However I can confidently say you are mistaken.
There are enough competent women to run for President.
There just aren't enough competent ones to vote.
Nineteenth amendment delenda est.

[Ignatz Ratzkiwatzki]

I love Robert Gordon, peter. Hey, Peter and Gordon!
Probably the same cassette I had.
My Gal is Red Hot.

[Captain Hate]

I've got a bootleg of Robert Gordon playing with Link Wray here in Cleveburgh.

[henry]

A 5 story hotel in China collapsed overnight. Was a Coronavirus quarantine site.

https://www.zerohedge.com/health/dozens-trapped-after-chinese-hotel-used-coronavirus-quarantine-site-collapses

[Ignatz Ratzkiwatzki]

The Zerohedge Tyler Durdens may as well don their "The End of the World is Nigh! And This Time We Mean It!" sammich boards.

You'd think a place whose motto is "On a long enough timeline the survival rate for everyone drops to zero" might be a bit more phlegmatic.
But you'd be wrong.

[Ignatz Ratzkiwatzki]

Robert Gordon sang with Link Wray a lot and also Danny Gatton.

[Captain Hate]

ZH is an odd place. Seriously what is the upside for so many of you that lets you endure the ugly Jew hating comments?

[henry]

CH, I never look at ZH comments.

[Captain Hate]

I wish my wife's idiot friends would stop bringing over inedible swill for her. I'm a much better cook than they are. Maybe if I threw it directly into the trash can they'd get the message.

Plus showing up at my doorstep unannounced is a good way to piss me off.