OT - NO POLITICS All Things Coronavirus Covid-19 - Part III

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AngryMilkcrates

End of an Era
Jun 4, 2016
16,319
25,991
I put this in the OT thread but it probably belongs here as it is because of the corona situation

so I have a situation. My neighbors are the type that always cry poor. When the husband was on strike friends gave them money so help pay their bills and feed their kids. When he went back to work instead of saying thank you and giving money back to the ones that gave it to them (in some cases thousands) they went out and bought a boat, a motorcycle went over seas on vacation a few months ago, just got back from a florida vacation last week.

Now they are saying to us they don't have any money he can't work OT (he is considered essential so will continue to work through the lockdown). They don't have enough money for food they say.

Do I step up and give them some food knowing they are probably fine and taking advantage and would not do the same in return. Very selfish people and if it was just the two of them i wouldn't even blink but the kids are my kids ages and it is killing me.

in the meantime I have no idea if I will have a job for long or my wife either. again he will keep his as he is union and essential. They know I am kind of a prepper but on a small scale. I am always worried about finances so i keep a good store of items on hand for the family in case of financial hardship which maybe coming very fast.

I hate when people are like that and spend spend spend vacations, cars, toys and cry I have no money and wait a bailout days after something like this happens. Yet I have saved and over time prepared for a situation like this so I don't have to leave the house.

what would you all do? am i selfish wanting to tell them you should have thought about this when you were given money last year during you strike and not gone out and spent the hard earned money people gave you to feed your family?

i am rambling because I am very upset about this right now!!

/end rant

Fool me once, same on you. Fool me twice, shame on me.

Grasshopper and the ant story right here. They took peoples generosity and not only never repaid it, they took their profits from better times and did not save it. They did not learn their lesson.

IMO, time for some tough love. Give them not a red cent. If they have to tighten their belts they might learn this time around.
Better for them in the long run.
 

Ladyfan

Miss Bergy, Savvy and Quaider. Welcome back Looch!
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Jun 8, 2007
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As a person with a strong faith, I tell what happened today knowing what it was, but I will leave it up to you guys.

I never have worked from home in my entire life. Today, I did. I set up downstairs, and since I have no sunlight I opened the blinds on the window. It was nice, and about an hour in, I noticed an elderly woman walking up the hill. This is not all that uncommon, but I noticed she had a light jacket and wheeled walker, which again, not all that uncommon. She kept getting stuck on rocks and seemed frustrated, and something seemed off to me so I went out. I talked to her a bit, and not being a medical professional I don't know exactly what to look for. She said she was afraid and needed to go to the store. The store is about a quarter mile, along a very busy road ( I live 4 houses in from there so she was close) where cars fly. I said I would share with her what I had and she said, no I want to go...I said what do you need, she again said I just need to go to the store.....at this point I ask her to hang tight, get my wife who is an elder care nurse and she comes out and starts talking to her...text my son who is on duty patrolling and he gets there in a minute...seconds later a woman comes running up the street yelling for her....it was the lady;s daughter. She has dementia and escaped from the house without them knowing....Had I not been sitting there, this day, at that moment, she more than likely would have been injured or worse yet killed. The woman, who we know, broke down crying, hugging all of us, thanking us for caring enough to find out what was going on, and how hard it's been. It was an incredibly precious moment for all of us in this very confusing and scary time..
:heart: I knew you were a good one Lou !
 
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bossfan

Registered User
Apr 5, 2008
2,076
543
I put this in the OT thread but it probably belongs here as it is because of the corona situation

so I have a situation. My neighbors are the type that always cry poor. When the husband was on strike friends gave them money so help pay their bills and feed their kids. When he went back to work instead of saying thank you and giving money back to the ones that gave it to them (in some cases thousands) they went out and bought a boat, a motorcycle went over seas on vacation a few months ago, just got back from a florida vacation last week.

Now they are saying to us they don't have any money he can't work OT (he is considered essential so will continue to work through the lockdown). They don't have enough money for food they say.

Do I step up and give them some food knowing they are probably fine and taking advantage and would not do the same in return. Very selfish people and if it was just the two of them i wouldn't even blink but the kids are my kids ages and it is killing me.

in the meantime I have no idea if I will have a job for long or my wife either. again he will keep his as he is union and essential. They know I am kind of a prepper but on a small scale. I am always worried about finances so i keep a good store of items on hand for the family in case of financial hardship which maybe coming very fast.

I hate when people are like that and spend spend spend vacations, cars, toys and cry I have no money and wait a bailout days after something like this happens. Yet I have saved and over time prepared for a situation like this so I don't have to leave the house.

what would you all do? am i selfish wanting to tell them you should have thought about this when you were given money last year during you strike and not gone out and spent the hard earned money people gave you to feed your family?

i am rambling because I am very upset about this right now!!

/end rant

If all of your facts are correct then no you are not obligated to help them. Nobody deserves to suffer during this crisis but they did not pay people back the first time they received help instead they were selfish and spent money on non essential things. You need to worry about yourself and your wife during this difficult time. The neighbors do not get to cry poor they should have put the boat and vacation money into an emergency fund.
 
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Ladyfan

Miss Bergy, Savvy and Quaider. Welcome back Looch!
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Jun 8, 2007
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If a drug is already in use for a specific indication. Meaning its been approved and all its side effects and safety issues are known from its clinical....then yes it vcan very well be fast tracked for a different indication.
Lots of drugs can be used for more than one thing.....usually its found out by accident.

The post I made about Kevzara would be in that category. Safety complete, documented and approved.

Now prove statistical efficacy for new indication.
I really appreciate your posts on this It is nice to read something that isn't "fake news" Thanks Wally !
 

Smitty93

Registered User
Dec 6, 2012
8,200
9,365
I put this in the OT thread but it probably belongs here as it is because of the corona situation

so I have a situation. My neighbors are the type that always cry poor. When the husband was on strike friends gave them money so help pay their bills and feed their kids. When he went back to work instead of saying thank you and giving money back to the ones that gave it to them (in some cases thousands) they went out and bought a boat, a motorcycle went over seas on vacation a few months ago, just got back from a florida vacation last week.

Now they are saying to us they don't have any money he can't work OT (he is considered essential so will continue to work through the lockdown). They don't have enough money for food they say.

Do I step up and give them some food knowing they are probably fine and taking advantage and would not do the same in return. Very selfish people and if it was just the two of them i wouldn't even blink but the kids are my kids ages and it is killing me.

in the meantime I have no idea if I will have a job for long or my wife either. again he will keep his as he is union and essential. They know I am kind of a prepper but on a small scale. I am always worried about finances so i keep a good store of items on hand for the family in case of financial hardship which maybe coming very fast.

I hate when people are like that and spend spend spend vacations, cars, toys and cry I have no money and wait a bailout days after something like this happens. Yet I have saved and over time prepared for a situation like this so I don't have to leave the house.

what would you all do? am i selfish wanting to tell them you should have thought about this when you were given money last year during you strike and not gone out and spent the hard earned money people gave you to feed your family?

i am rambling because I am very upset about this right now!!

/end rant

The answer has to be no. We have no idea how long this is going to last. If you're not confident that you'll keep your job, then you may need that money later. Think of it like oxygen masks on an airplane. Secure yours first, and then help others.

I wouldn't necessarily advise it, considering we're supposed to be social distancing, but if you wanted to invite their kids over for dinner on occasion, I think that would be a nice thing to do. The parents don't deserve a bailout.
 
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BruinsFan1990

Registered User
Mar 29, 2016
2,536
1,458
Winthrop, MA
At some point they have to think about shutting down the stock market, right? Or even shorten the hours. We are in panic selling mode, and everything is being driven by fear, not rational thought.

People's retirement accounts are being decimated, and the FED's itchy trigger finger has left them powerless.
 

Bocephus86

Registered User
Mar 2, 2011
6,184
3,704
Boston
Hey all - so I've been following this really closely on a couple discussion forums (here and another); things are moving so fast/there are so many people home and posting volume is hard to keep up with. Last night I felt my axiety bubbling and realized I needed to take a step back from closely following everything for a bit (frankly, more about the economy and what we might be looking at as a result of a prolonged social distancing/mandated quarentine/lockdown stuation, but that's neither here nor there). My question:

Does anyone know of a reliable, easy to review website that tracks what's going on in Mass, maybe daily? I'm less concernsed with the numbers, more looking for updates on school/business closings, resources that might be made available at the local/state/federal level, changes to guidelines or response recommendations by the CDC, etc. I would hope the state might have some page they keep updated with pertinent information like that but googling just leaves me in a sea of corona updates, some old, some new, some useless, some blue...

Thanks
 
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Nothingbutglass

Registered User
Sep 28, 2017
3,967
3,090
At some point they have to think about shutting down the stock market, right? Or even shorten the hours. We are in panic selling mode, and everything is being driven by fear, not rational thought.

People's retirement accounts are being decimated, and the FED's itchy trigger finger has left them powerless.
Thats not going to happen unless its a health risk for them to be open logistically. If your old enough to remember the dotcom bubble, 911, and the bank collapse, markets were driven by fear. It comes back quicker than you think and good buying opportunities are available if you look longer term. This sucks but wont last forever
 

BruinsFan1990

Registered User
Mar 29, 2016
2,536
1,458
Winthrop, MA
Thats not going to happen unless its a health risk for them to be open logistically. If your old enough to remember the dotcom bubble, 911, and the bank collapse, markets were driven by fear. It comes back quicker than you think and good buying opportunities are available if you look longer term. This sucks but wont last forever

All fair points, and yes I agree this is a good buying opportunity, but for people with longer time horizons. It was also just announced today that a trader on the NYSE floor tested positive, so the dangers are definitely there.

They did close during hurricane Sandy and multiple times due to blizzards. This just seems like one of those times to me...
 

bb74

Thanks for Everything Bill
Sep 24, 2003
4,147
1,223
Cuttyhunk
All fair points, and yes I agree this is a good buying opportunity, but for people with longer time horizons. It was also just announced today that a trader on the NYSE floor tested positive, so the dangers are definitely there.

They did close during hurricane Sandy and multiple times due to blizzards. This just seems like one of those times to me...

The price drops are natural given the total upheaval of the economy. It feels unnatural but that is because we are not accustomed to these types of events. There is such variation on projected exits right now that no models work. Once the contamination curve flattens out and some treatment eta’s are established it will be easier to set a floor. Right now the market is wildly overpriced vs. the worst case scenario of depression. And we haven’t yet seen a run-away on govt bonds which is possible for key bond issuers. That happens and we have a burst of interest on govt debt that becomes unaffordable while at the same time depressing stock prices because of the risk factor. Think of these as being factors not just additive.

This was the big frustration in the EU with the ECB saying they didn’t see their role as protecting interest spreads across EU country govt bonds. Italy bond rates are going up fast and it only takes one card to fall to take the others.

Markets are in that red zone today and as crazy and frustrating as it seems it is actually a normal reaction to the risks out there. Didn’t say it was ethical or right, just normal given the rules of the game... a white collar casino gig where the house always wins....
 

bossfan

Registered User
Apr 5, 2008
2,076
543
I wouldn't necessarily advise it, considering we're supposed to be social distancing, but if you wanted to invite their kids over for dinner on occasion, I think that would be a nice thing to do. The parents don't deserve a bailout.

Again based on the facts you laid out these people are their own worst enemy with their irresponsible financial decisions but if you and your wife still want to help then if you want to practice social distancing then you don't need to invite them into your home. Make a meal for them and bring it to them. Or if you have local restaurants doing take out or delivery order food for them you'll be helping out both the restaurant and the neighbors.
 
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Smitty93

Registered User
Dec 6, 2012
8,200
9,365
Again based on the facts you laid out these people are their own worst enemy with their irresponsible financial decisions but if you and your wife still want to help then if you want to practice social distancing then you don't need to invite them into your home. Make a meal for them and bring it to them. Or if you have local restaurants doing take out or delivery order food for them you'll be helping out both the restaurant and the neighbors.

I think you're looking for @Scotto74. I was just replying to the post with a suggestion.
 
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sooshii

still dancing
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Jan 25, 2009
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I haven’t listened to this yet, but I have a lot of faith in AEC, and looking at the questions listed... just the kind of things I’ve been wondering about.

 
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Gee Wally

Old, Grumpy Moderator
Sponsor
Feb 27, 2002
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All fair points, and yes I agree this is a good buying opportunity, but for people with longer time horizons. It was also just announced today that a trader on the NYSE floor tested positive, so the dangers are definitely there.

They did close during hurricane Sandy and multiple times due to blizzards. This just seems like one of those times to me...

Im on the cusp of retirement. Within a year or two. Lost so far 40%. And huge , huge dollars.

Been through this a few times since the 80s. Just hang tight. Dont panic. It will rebound. It always has and usually in months to a coupke short years.
 

PatriceBergeronFan

Registered User
Jul 15, 2011
59,368
36,812
USA
Im on the cusp of retirement. Within a year or two. Lost so far 40%. And huge , huge dollars.

Been through this a few times since the 80s. Just hang tight. Dont panic. It will rebound. It always has and usually in months to a coupke short years.


Analysts are saying by the end of this year fortunately.
 
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