What on Earth is going on in the world today? It's gone mad

[tented]

the loony left are out and about...

View attachment 3633

It will be interesting to see what property owners do in the next few months when people/organizations don’t have the money to pay rent. It’s not like it’s going to be a handful of renters or one failing restaurant. This is going to be epic. It’s not that they don’t want to pay rent; it’s that they can’t pay it.

 

[tented]

and just plain loonies too....

Overweight man with covid-19 and diabetes attempted 'suicide by cop'

An unidentified NYC man, 55, who claimed to have contracted Covid-19 attacked police with a knife and gun in an attempted 'suicide by cop', reports claim. He will survive being shot by police officers.

www.dailymail.co.uk

Fortunately this was recorded by the police on their body-cams, so there won’t be any claims of wrongful shooting.

 

[Federberg]

It will be interesting to see what property owners do in the next few months when people/organizations don’t have the money to pay rent. It’s not like it’s going to be a handful of renters or one failing restaurant. This is going to be epic. It’s not that they don’t want to pay rent; it’s that they can’t pay it.

I'm seeing on Bloomberg that 40% of New York tenants won't be able to make their rent payments in the coming months

 

[tented]

I'm seeing on Bloomberg that 40% of New York tenants won't be able to make their rent payments in the coming months

I saw that too. What will happen? Are 40% of New Yorkers going to be kicked out, escalating homeless numbers to unprecedented levels? It would be uncontrollable. So either the government steps in to prevent such a catastrophe, or property owners have to be prepared to lose an incredible amount of money.

 

[Federberg]

I saw that too. What will happen? Are 40% of New Yorkers going to be kicked out, escalating homeless numbers to unprecedented levels? It would be uncontrollable. So either the government steps in to prevent such a catastrophe, or property owners have to be prepared to lose an incredible amount of money.

This is why the bail out directed to corporates was colossally stupid in my view. And I've had huge arguments with some of my colleagues in the financial sector about this. The bail out should have been focused on small business and landlords in my view. Giving bailouts to corporates who wilfully cleared their reserves to pay money to the rich deserve nothing but contempt in my view. Shareholders should have been on the hook for such capital misallocation. Please note I'm not saying the companies should have been allowed to fail. By all means some of those businesses could have been allowed to go to the wall and existing shareholders wiped out. Others could then come in and purchase the businesses. Only at that point would I be willing to support financial assistance for those businesses and even then it should be a matter of law banning share buybacks, executive pay increases etc. Just my view...

 

[Federberg]

you gotta love it. We will find a way!!

 

[Federberg]

topical....

 

[Jelenafan]

I have friends from Turkey who tell me their official numbers are a complete joke. Deaths/cases by COVID are far more rampant. Yes, this is anecdotal but I have no reason not to believe them as opposed to the official numbers by their Government.

 

[Horsa]

Is this the first celebrity death? RIP Eddie...

Coronavirus: Little and Large comedian Eddie Large dies 'after contracting COVID-19 in hospital'

Eddie Large's family were unable to sit with him due to coronavirus, but have paid tribute to the "fantastic" NHS for his care.

news.sky.com

Gosh! I'm very sorry to hear that. I loved Little & Large as a girl. R.I.P. Eddie.

 

[calitennis127]

The model that the Trump administration is relying on has been incorrect:

 

[Federberg]

The model that the Trump administration is relying on has been incorrect:

seemed a bit extreme to me. I actually wondered if it was a cynical attempt to over-estimate and claim success for an undershoot..

 

[britbox]

I saw that too. What will happen? Are 40% of New Yorkers going to be kicked out, escalating homeless numbers to unprecedented levels? It would be uncontrollable. So either the government steps in to prevent such a catastrophe, or property owners have to be prepared to lose an incredible amount of money.

In Australia, they've put a six month ban on evictions.

 

[Moxie]

I saw that too. What will happen? Are 40% of New Yorkers going to be kicked out, escalating homeless numbers to unprecedented levels? It would be uncontrollable. So either the government steps in to prevent such a catastrophe, or property owners have to be prepared to lose an incredible amount of money.

There is a proposal in the NYS legislature to put a freeze on rents for 3 months. (I'm not sure why @Federberg thinks that guy with a sign is a lefty, btw.)

In Australia, they've put a six month ban on evictions.

There's a ban on evictions here, too. Plus, I have to tell you, it's takes well over a year to evict people here in normal times, for any reason, including non-payment of rent.

 

[Moxie]

Here's a feel-good story for you, though:

Williamsburg Landlord Mario Salerno Waives Rent for Hundreds of Tenants Due to Coronavirus - Greenpointers

Lifelong Williamsburg resident and landlord to hundreds of tenants, Mario Salerno announced on Monday that he will waive April’s rent for all of his residential and commercial tenants. Salerno who […]

greenpointers.com

 

[britbox]

There is a proposal in the NYS legislature to put a freeze on rents for 3 months. (I'm not sure why @Federberg thinks that guy with a sign is a lefty, btw.)

There's a ban on evictions here, too. Plus, I have to tell you, it's takes well over a year to evict people here in normal times, for any reason, including non-payment of rent.

They also need to protect landlords. A lot of landlords aren't big housing associations, but mom and pop who have bought an investment property and still need to pay down a mortgage.

 

[Moxie]

They also need to protect landlords. A lot of landlords aren't big housing associations, but mom and pop who have bought an investment property and still need to pay down a mortgage.

This I am well-aware of. That's why I posted about that guy that who chose to gift a month's rent. I used to have great landlords, but they got old (and have since died) and gave it over to a soulless management company to handle. All of their (many) properties are held by their heirs, and there is no mortgage, only property taxes and maintenence. There are several tiers, really. The ones I have sympathy for are small investors. Those are the ones the state government should help float. The big investors and big management companies have held all the cards for a long time, including getting so many laws passed that protect them, and not renters. They should take the big hits on this, not renters, and not the small landlords.

 

[Federberg]

Brussels Becomes First Major City to Halt 5G Due to Health Effects | Take Back Your Power

Great news. A Belgian government minister has announced that Brussels is halting its 5G plans due to health effects.

www.takebackyourpower.net

 

[Federberg]

for those of you going stir crazy being cooped up at home. Here are some puzzles and games to keep you entertained.

First one...

 

[Federberg]

and then....

 

[Federberg]

And finally... (and here's a clue, try to memorise the numbers before making your attempt. Obviously you can do this as many times as you want). Perhaps screen shot your time to prove how good you are! I haven't been able to do better than 56 seconds , but one of my friends a head of trading at a major investment bank has 32secs! Don't know how the b*stard managed that....

1to50

1to50 : Just touch the numbers 1 to 50 in order.

zzzscore.com