Crude oil prices plummet

Originally posted by: Boilerman

I'll just address your first paragraph.  Be specific about what and when Trump should have done these things.


There are tons of things Trump should have done and should not have done. 
 
1.  He shouldn't have fired the pandemic response team in 2018. 
2.  He should have listened to Dan Coats when he reported in 2019, "[T]he United States and the world will remain vulnerable to the next flu pandemic or large-scale outbreak of a contagious disease that could lead to massive rates of death and disability, severely affect the world economy, drain international resources, and increase calls on the United States for support."
3. He should have prepared the US for COVID-19 especially considering he had a two month lead time. Instead, he said the warm weather was going to take care of it and he wasn't worried about it."
4. When the virus hit the US his first concern was the market and his "numbers" rather than the virus. 
5. There is still no plan to deal with how to pay for testing, extended hospital stays of 4-6 weeks for roughly 15% of people that require long-term hospitalization and how to compensate people for missing work for extended periods of time.
 
He shouldn't have done all of these things:
a. He locked down the CDC and all public health announcements had to go through Mike Pence to make sure such announcements didn't make Trump look bad.
b. He loaded infected people onto a plane with healthy people that were being evacuated from the cruise ship in Japan over the objections of the CDC. 
c. He had the untrained people that greeted the infected evacuees dressed in street clothes instead of protective gear.
d. He fired the person that reported this breach of quarantine.
e. People weren't and aren't being tested unless they traveled internationally or their case was/is so bad that they require immediate hospitalization which allowed the disease to spread across the entire country. 
f. He overruled the CDC when it was trying to issue a warning that people over 60 shouldn't take commercial flights. 
g. Multiple times he has ranted and raved like a lunatic claiming that the virus was a hoax.   
h. He claimed several times that the virus had been contained and implied it was becuase of his quick and brilliant actions. 
i. He claimed the flu has a higher mortality rate more than once.
j. Just today he issued a tweet suggesting that the flu is a more serious problem than COVID-19 and that everything is "fine." 
k. He bemoaned at the CDC that he didn't want to bring home the cruise ship passengers stuck off the coast of California because it would be bad for his "numbers."
l.  He ordered the CDC to scrub data from their site that showed how many people were being tested and how many people have died because it made him look bad. 
m. He told contagious people to go back to work and work through the virus.
n.  His Surgeon General on Sunday couldn't give even an approximate number of how many people have been tested in the US.  
 
 
Gosh, I am just getting warmed up.
Originally posted by: Boilerman

How many leaders around the World took action at the point Kevin claims was the correct time.  I suspect zero, meaning that there are zero competent leaders around the world.


What you suspect...is grossly incorrect. The response of every single country in the world was more prompt and better managed than ours. We did virtually nothing for almost two months.

 

Other countries were not crippled by having Trump as their leader, of course.

You answered Boilerman's question, much more extensively than I did, but I suspect we'll hear deafening silence from our loyal Trump lackey on this. He still thinks his hero has done a bigly wonderful job, which is absolutely hilarious and idiotic.

Edited on Mar 9, 2020 1:00pm

Kevin might want to read the timing of what Obama did during the Sars outbreak.  Now, explain what part of Obama's plan should Trump mimic.

 

 

https://www.redstate.com/elizabeth-vaughn/2020/03/01/in-april-2009-h1n1-became-a-pandemic-six-months-later-after-1000-u.s.-deaths-obama-declared-it-a-public-health-emergency


Originally posted by: Boilerman

Kevin might want to read the timing of what Obama did during the Sars outbreak.  Now, explain what part of Obama's plan should Trump mimic.

 

 

https://www.redstate.com/elizabeth-vaughn/2020/03/01/in-april-2009-h1n1-became-a-pandemic-six-months-later-after-1000-u.s.-deaths-obama-declared-it-a-public-health-emergency


I don't bother to look at right-wing propaganda that you scraped off the floor of the internet.

 

Whatever Obama did has nothing to do with what Trump is doing/failing to do. Let's say just for grins that Obama killed billions of people. What does that have to do with Trump? How would that excuse his incompetence and inaction now?

Kevin - too sick in his head to comprehend what he is posting.

The price war on oil may have dire consequences for US firms unless Russia/Saudi work something out.   Analysts today were predicting a bankruptcy of 15-20% of US oil companies if the price stays under $35 for more than a couple months.

 

 

Originally posted by: PJ Stroh

The price war on oil may have dire consequences for US firms unless Russia/Saudi work something out.   Analysts today were predicting a bankruptcy of 15-20% of US oil companies if the price stays under $35 for more than a couple months.

 

 


Gas under $2 a gallon sounds good to me. As boiler would say, those companies are only going bankrupt because of a lack of planning on their part. I won't be shedding any tears. 

Originally posted by: PJ Stroh

The price war on oil may have dire consequences for US firms unless Russia/Saudi work something out.   Analysts today were predicting a bankruptcy of 15-20% of US oil companies if the price stays under $35 for more than a couple months.

 

 


No doubt that crazy low oil prices will be terrible for many of the "wildcatter" oil companies.  These are the start up companies that get a small amount of investments from private citizens.  The US oil companies that we all know by name will be hurt, yet will easily survive.  My be friend, Pete, worked for a wildcatter some 12 years ago, and his company was bought out by the company now called Equinor.............for well over $1 billion...........with only 83 employees.  These are the companies that will die with low oil prices.  Pete landed quite nicely, and will be retiring in six weeks.

Obama responded six months after the pandemic began.  I believe that Kevin assured us that Trump should have followed the Obama model.  If Kevin disagrees, I'm willing to "cut and paste".

Edited on Mar 9, 2020 5:55pm
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