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Politics And The Markets 8/11/21

Aug. 11, 2021 12:00 AM ET661 Comments
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Political Comments

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Political Comments profile picture
This is the go-to destination for political comments on Seeking Alpha.These comments are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat...you know what they say...The one guideline we do still require strict adherence to is refraining from personal attacks on fellow commenters. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users.

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Comments (661)

A depressing report from the IPCC regarding our present status.


“This report tells us that recent changes in the climate are widespread, rapid, and intensifying, unprecedented in thousands of years,” Ko Barrett, vice chair of the IPCC and senior adviser for climate at the National Oceanic and Atmospheric Administration, said in a press conference. Climate change “is already affecting every region on earth in multiple ways,” Barrett said. “There’s no going back from some changes in the climate system.”
@daustin97222 Nobody cares about this stuff, they just like to say they do.

“Electric vehicles represent less than 1% of vehicles on American roads today (including cars, pickup trucks, and vans),”


This is just like Obama throwing a big party without masks, the left wants everyone else to do what they say, not what they do.
@AbolishtheFed POTUS Obama did NOT have the party that was planned because of the unvaccinated Delta donnie virus pandemic outbreak.
@crichardt13 I know Obama is out of touch, are you saying he was unaware of the ChinaVirus? Why wouldn’t he get vaccinated?

“A performer at former President Barack Obama’s birthday party managed to take stealth pictures of the opulent Martha’s Vineyard event and share them with Instagram followers.”

“Brownies and watermelon slices were served”


I heard all those elitist lefties flew on private jets emitting tremendous amounts of greenhouses gasses all along the way.

“Private jets and no masks — how Obama’s party was height of elite hypocrisy”


How anyone ever voted for that clown is beyond me.
techy46 profile picture

Extremely sick children have comorbidty just like adults.

"Results: 42 studies containing 275,661 children without comorbidities and 9,353 children with comorbidities were included. Severe COVID-19 was present in 5.1% of children with comorbidities, and in 0.2% without comorbidities. Random-effects analysis revealed a higher risk of severe COVID-19 among children with comorbidities than for healthy children; relative risk ratio 1.79 (95% CI 1.27 - 2.51; I2 = 94%). Children with underlying conditions also had a higher risk of COVID-19-associated mortality; relative risk ratio 2.81 (95% CI 1.31 - 6.02; I2 = 82%). Children with obesity had a relative risk ratio of 2.87 (95% CI 1.16 - 7.07; I2 = 36%).

Conclusions: Children with comorbidities have a higher risk of severe COVID-19 and associated mortality than children without underlying disease. Additional studies are required to further evaluate this relationship."

Namron Damron profile picture
@techy46 mandates to save the children will probably be the straw that breaks the camel's back. Easy sell.
techy46 profile picture
@Namron Damron

Not in rural areas full of conservatives that hate liberals and US Gov't.

They love their children, country, flag, freedoms and rights.

I recommend they shut down K6 until vaccine is available.

They could also let 7-12 be voluntary, no big deal.

"The Centers for Disease Control and Prevention (CDC) COVID Data Tracker indicates 39.8% of Yavapai County residents over 12 years of age are fully vaccinated, 41.7% over 18, and 59.1% over 65."

Namron Damron profile picture
@techy46 children will be the focal point no matter how conservatives hate liberals. Forget the country, flag and rights when the kid infections ramp up. Lots of regrets out there not getting the vaccine.
A mere few months ago any mention in public discourse of Covid passports was written off by the mainstream media as but the ravings of "conspiracy theorists" consigned to remote corners of the internet making supposedly far-fetched slippery slope arguments. On Wednesday CNBC now writes, "As the rampant delta variant of Covid threatens the post-pandemic travel and tourism rebound, there's growing acceptance of so-called vaccine passports among a once-hesitant U.S. public and of increased calls for their mandated use across the industry."

Citing a recent survey by a travel industry website, CNBC informs its readers that, "A survey found 81.8% of Americans support the idea of vaccine passports, digital or physical proof of vaccination against Covid."

I call bs on that survey, especially since only about 60% of Americans 18 and older have been fully vaccinated. If the poll was accurate, that would mean that there are many more waiting to be vaccinated, about a third as many as have already been vaccinated.

But what makes this 82% for passports all the more complete bs is the fact that the survey was taken in early June, when the fully vaccinated rate was probably no more than 50%, and it has been a slow process since then.
Dick Cod profile picture
Hey, kids! How about canning the playground insults and digs and playing moneyball? If we want to keep wealth and benefits flowing upstream to the investor class, we need a credibke candidate. I think many vote suppression tactics will survive/stick, and at least several states will take elections out of the hands of voters and put them in the hands of GOP legislatures, but even those successes can't turn a raging asshole candidate into a president.

The new fascist GOP is still a minority party. A minority party can't even come close unless the candidate looks, sounds and acts like a normal human AND ALSO hasn't stepped on their private parts by screaming against everything sensible. (Obviously, they also have to demonstrate they know who feeds them and are responsive to investor class policy preferences.)

So who now? DeSantis had a great resume, but he's going down with the COVID idiot ship. Trump is too old and unstable --- and if you think his repetitive blame-anybody-else-for-his-failures BS got boring last year, imagine this retired game show host repeating the same empty nonsense throughout '23 and '24. NOT a winner. So.....name some prospects who have not already disqualified themselves by screaming stupid stuff to the lowbrow gang and have some national profile. Who can we promote? I have my candidate, but would like to hear others.
@Dick Cod DeSantis 2024. Trump will be speaker of the house. Biden will be in a memory care facility in a a few months. Pelosi will be cast as ‘the Joker’ in the next Batman movie. Andrew Cuomo…. Never mind.
DoubleD44 profile picture
@AbolishtheFed "Trump will be speaker of the house."

That guy doesn't even know how or where a bill originates, keep dreaming
Dick Cod profile picture
@AbolishtheFed Perhsps....but I'm pretty sure DeSantis has disqualified himself --- behaving as rudely and stupily as Trump, but with no sense of humor. And I though Don was returning to the presidency this month ---- too busy to be Speaker.

More seriously, you forget that there are a lot of power-and-money-hungry younger GOP figures that will try to knee-cap poor old Don. Speaker ---- really, not enough votes ---- lean, hungry, smart guys want that role. I'm putting money and time on Pompeo. He's a guy with the balls to really crush dissent with an iron fist....not just prattle-on about it. Trump was all silly talk and no action.....and DeSantis might also shoot dissidents, but has COVID all over him.
No mingling. The state of Hawaii announced it would reintroduce restrictions on social gatherings due to the COVID-19 Delta variant.

"With COVID-19 cases going up, the State of Hawaii is taking precautions now to avert a strain on our healthcare systems. To that end - I'll be signing an Executive Order that will limit social gatherings, effective immediately," Gov. Dan Ige, a Democrat, announced Wednesday on Twitter.

The order would limit capacity at restaurants, bars, gyms, and social establishments to 50 percent of capacity. It also caps indoor and outdoor gatherings to 10 and 25 people, respectively.

"Patrons in restaurants, bars, and social establishments must remain seated with parties maintaining at least 6 ft distancing between groups (with maximum groups size of 10 indoors and 25 outdoors); there will be no mingling, and masks must be worn at all times except when actively eating or drinking," according to a news release from his office.

The order also stipulates that county governments "will review proposals for all professionally sponsored events for more than 50 people, to ensure that appropriate safe practices will be implemented."

"Organizers of these professional events must notify and consult with the following county agencies prior to the event. County approval is required for professional events for more than 50 people," Ige's office added.

The policies will remain in effect until Oct. 18, according to Ige's office, unless another order is implemented.

The government of Hawaii in June raised social gathering limitations to 25 indoors and 75 outdoors amid a decline in cases.

Hawaii, with more than 60% of its population fully vaccinated, has witnessed a rise in cases by 168% between July 26 and August 8, said the state's department of health.
@PIRockford Hawaii has the same problem as we do in Florida, lots of tourism. They should be peaking in the next few days without any restrictions.
GO WOKE GO BROKE.. sandwich edition

“Customers boycott Subway over 'unAmerican' soccer star Megan Rapinoe”


Franchisees are feeling it, and complaining.
@AbolishtheFed I stopped reading the biased article after the first sentence:

"American soccer star Megan Rapinoe has won many fans along the way to four World Cups, but pushback to her appearance in a Subway commercial is a reminder that haters are going to hate."

So according to The Hill, anyone boycotting Subway is a hater. Funny they never said that about those who boycotted Chick-fil-A a couple of years ago.
@PIRockford please work on your cut and paste skills, in typical liberal fashion, you got the quotes wrong.

“Several franchisees complained to Business Insider, accusing the company of "misusing advertising funds by featuring a potentially controversial spokesperson in commercials."

“Another found a sign posted to his door that read, "Boycott Subway until Subway fires the anti-American”

I’ve read that this blue haired soccer freak is more hated than hitler this week. I’ll try and find that link for you.
crademan profile picture
The city of Phoenix says 34% of police department employees have turned in proof of vaccination, earning what the city is calling a “safety reward” of $75.

Officer Matthew Hefter died on Aug. 7 due to a COVID infection. He is the third officer in Arizona to succumb to the contagious virus in recent weeks. Officer Lonnie Durham of the Glendale Police Department died on Aug. 2 after battling the coronavirus for several days. On Aug. 6, Lt. Nick Sessions of Bullhead City passed away after a prolonged fight against the virus.

The ongoing pandemic has caused officer deaths to spike nationwide by 300% over the last year, making 2020 one of the deadliest years for law enforcement since 1974, according to the National Law Enforcement Officers Memorial Fund.

California mandates for teachers to be vaccinated. Great idea. That will get them back to teaching critical race theory sooner than later.
i have to shut stuff down , seeker
MyPrivilegeIsShowing profile picture
Talk about a political climate change. This is the same Biden Administration that has spent six months doing everything it can to crush U.S. oil production.
MyPrivilegeIsShowing profile picture
Someone pass the smelling salts to Tom Steyer, the climate crusader who surely fainted when he heard that one. Oil production is beneficial? Fossil fuels are essential to economic growth? The world needs more petroleum to be burned to release more CO2 into the atmosphere?
MyPrivilegeIsShowing profile picture
Perhaps Mr. Sullivan missed Monday’s U.N. report that the world will soon be as hot as Hades if we keep pumping oil. In a single, brief statement, he managed to contradict President Biden’s entire energy message as a candidate and in office. But as it happens, Mr. Sullivan wasn’t talking out of his hat.
MyPrivilegeIsShowing profile picture
How about asking Congress and your own regulators to take their foot off the neck of U.S. oil and gas drillers? Before the pandemic, the U.S. had become the world’s largest oil producer. Thanks to private innovation, the end of the U.S. oil export ban passed by the GOP Congress in 2015, and President Trump’s deregulation, America has had to import far less foreign oil. The U.S. reduced the strategic leverage of foreign producers such as Russia’s Vladimir Putin.
Is this poetic or what?

“California may face severe grid shortfalls that could mean more oil, gas use”


The article goes on to say..

“The extreme drought has cut 1,000 MW of hydroelectric power capacity”

We all know that water evaporates then it rains or snows. Where is all that water going…



The penguins are happy.

Hey California… build more solar like Florida Power and Light does.

Long NEE
@AbolishtheFed They should plant corn, lol. An acre of corn gives off about 3,000-4,000 gallons of water each day through transpiration.
@PIRockford that sounds like lefty math to me!! Lol

Plant corn in a drought to magically make water. Lol. Why not plant magic beans to produce natural gas for power plants.

Thanks for that. Funny.
@AbolishtheFed It's actually true about the corn belt. www.sciencemag.org/...
relospecialist profile picture
Tomorrow let's discuss this headline:

Right wing talk radio hosts are dropping like flies

Namron Damron profile picture
@relospecialist the majority are tiring of the conspiracy stuff and the nondocumented news..... in other words, a little at a time folks are beginning to understand the power fakes news has had over them the past few years.
relospecialist profile picture
Melania Trump want's to know why she can't go out in public. All of her husbands other ex wives enjoy living, traveling and shopping their lives the Trump settlement gives them.

Melania is now stuck inside the Trump bubble. Pres. Biden's wife on the other hand travels freely and at will.
Kev pythonical
Kev totally attention deprivation
Guys come on 🏠 Heart 💜
CNN's resident fear monger medical "expert" Dr. Leana Wen declared Tuesday that children returning to school need to be forced to wear industrial grade face masks and should be subjected to weekly COVID tests until they are fully vaccinated.

She also claimed that the "type of mask also matters, N95 or K95 if the children are able to tolerate that, if not at least a three-ply surgical mask." Wen further emphasized that "cloth masks are not enough."

This is interesting because when Senator Rand Paul pointed out that cloth masks are useless, citing two peer reviewed scientific papers, he was attacked by leftists, and censored by YouTube.

Yet here is Wen admitting the same thing, they don't work, albeit using the fact to advocate forcing children to wear stronger masks that it is recommended adults do not wear for prolonged periods because they severely impair breathing.

So when Rand Paul says cloth masks don't work, it's anti-science. But when CNN's "expert" says the same thing, it's pro-science and should be applauded?

Given that it's now well established that vaccinated people can still spread the virus, there is no evidence to wholly blame the "surge" of the delta variant on unvaccinated people.

Wen is merely continuing her narrative of attempting to frame the unvaccinated as second class citizens who should face discrimination.

Dr. Leana Wen was President/CEO of Planned Parenthood. She doesn't have the best interests of children in mind.
The thing about bribing voters is that quickly becomes a ‘what have you done for me lately’ scenario.

Now that the free money is starting to run out out and Biden voters can no longer just sit at in their un-evictable apartments and smoke weed and play Xbox. These people have to go out and try and panhandle for their weed money, and they are angry.

“In the Quinnipiac poll, the share of Americans who approved of the president’s Covid-19 handling fell to 53 percent, down 12 points from May. His job approval fell to 46 percent, from 49 percent in May. Approval of Biden’s handling of the economy also fell, with 43 percent approving and 48 percent disapproving.”

Henry Miles profile picture
I can't imagine that this will help Accenture's I/T consulting and cloud businesses: www.cnn.com/...
@Henry Miles I can't type here what I am thinking we should do to these guys (when/if we find them).

Their biz is now over.
@Henry Miles Julie sweet, Accenture CEO, just can’t do anything right. She is an ardent Biden supporter and democrat ‘influencer’.


Perhaps she should be less political and woke and be a better CEO. She should resign, obviously she is lousy at her job.

Go woke, Go Broke.
Henry Miles profile picture

Yeah, and I suppose you said the same thing when Colonial pipeline was cyber-attacked; did I get that right?
Though the comment received little more than a headline from the newswires, the White House acknowledged earlier on Wednesday that it has started to see COVID cases leveling off in the hardest-hit states.

South Carolina recorded the fourth straight daily decline in new cases, while Florida saw cases decline again after the CDC "adjusted" a supposedly "record-breaking" daily tally which was actually an aggregation of the tally (eventually, the number listed was only 50% of the original figure).

Texas also reported a day-over-day decline on Wednesday (~14K cases vs. nearly 17K the day before). Even Arkansas, supposedly the state hardest hit by the latest delta-driven wave of infections, which at the start of this week reportedly had just 8 ICU beds left in the entire state, saw its daily cases drop by nearly half on Wednesday, from 4,851, to 2,664.

The worst case scenario shows the wave cresting later this month. But as the White House acknowledged, it looks like the hardest hit states are already seeing the declines that many experts, including former FDA Director Dr. Scott Gottlieb, had expected.

In his latest tweet, Dr. Gottlieb highlighted the decline in the "R" rate in four of the hardest hit states: Fla., La., Nev. & Ark.

The rate represents the number of patients that each person infected with COVID will pass the virus on to. Once it falls below one, that means the virus is decidedly starting to slow. Covidestim, an academic project frequently cited by Gottlieb, showed the "R" rate for Arkansas has broken decidedly below 1.

Nationwide, data from the CDC shows that the number of new cases has already moved solidly back below 100K/day after news organizations made a big deal about the case numbers breaking back above that milestone.

The big question now, as more states impose draconian mandatory vaccination orders (California being the first to officially require teachers to get vaccinated or submit to weekly testing), is whether they'd be just as well off if they simply waited for the latest wave to subside.

Oh...the definition of 'the hardest hit states' = those Red states where we dumped bus loads of unvaxxed illegals that were not only positive for Covid, but also TB and Hepatitis.
Henry Miles profile picture

techy46 profile picture

Good news is blather for Henry ;)
@techy46 Vocabulary challenged...
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