I have set up our tax advantaged accounts in funds that automatically rebalance. So, we've been adding on the way down without having to make a "buy".Originally Posted by ranger
I rarely have to make manual adjustments to keep things within the desired bands.
There's nothing civil about this war.
So, my biggest fear about the corona virus is that it becomes the turning point in the national discussion about universal health care and leads to a huge dem win on election night.
Was at a business event this week reference utilities and chemical plants. A Canadian speaker mentioned that he moved from one part of Canada to another part of Canada - took over 2 years to get a new DR assigned.
Former President Obama is still the one to watch for how things are going to go in Nov. One thing that he is super good at is making sure that he'll be on the Right Side once the election is over and done, win or lose.
So, he's got to tiptoe carefully between the old Establishment on one hand, and the Bernie Bros on the other. He has lots of good karma on both sides, plus is politically astute enough to not burn his bridges with either, while not going down a dead end road with a loser.
-If he just coast along as he's currently doing, then gives more or less tepid support to the winner, post convention, then it's kind of clear that his wizards & scryers have predicted a loss. He'll do the absolute minimum, and hope to be a part of the rebuilding.
-If he comes out after the convention with dire warnings of doom regarding a potential Sanders presidency, then it's really clear that his wizards have predicted a massive Trump landslide, and he absolutely will be a part of the post disaster party rebuild.
-There's also the third possibility that he champions Mayor Pete, with the foreknowledge that he will fail in 20, but will be a serious force in 24.
We shall see.
"You win 100% of the fights you avoid. If you're not there when it happens, you don't lose." - William Aprill
"I've owned a guitar for 31 years and that sure hasn't made me a musician, let alone an expert. It's made me a guy who owns a guitar."- BBI
I think we have to wait to see how the adm handles the outbreak. People who have the virus won't be turned away because they have no health care. The fed is going to reimburse hospitals who have to treat the sick. If the CDC screws this up or it happens to be uncontrollable then the adm is probably going to get the blame. They also might get blamed for a bear market which of course is ridiculous. The fact that Trump gloated so much about the economy and the market, that will surely bite him in the ass if it goes south. Dems are waiting for a market crash like 87 so they can burn Trump at the stake. He should have kept his mouth shut because presidents have no control over the markets. But if he takes credit he's going to take all of it. Larry Kudlow is an idiot of the first order and a druggy Wall St. washout. Trump had a good econ adviser (Gary Cohn) but he ran him off because he cautioned against tariffs. Trump doesn't want advise, he wants praise.
Last edited by Borderland; 02-27-2020 at 08:37 PM.
In the P-F basket of deplorables.
I realize this reference is a few days old, but I came across it, and had to address it...
Since we’ve established that you’re referring to the GI Bill, let me correct a couple of inaccuracies in your statement above.
1. As has been pointed out, the “Post 9-11 GI Bill” is still very much available.
2. Both GI Bills were NOT “socialist programs”, but rather earned benefits resulting from military service. A “socialist program” would be available to all people in the United States. A benefit is something given in return for work - therefore a very capitalist mechanism.
Last edited by GyroF-16; 02-27-2020 at 08:57 PM.
Same here. I am thinking that the uncertainty will continue until we have enough cases stateside. At that point if we see 14 days quarantine impositions widely, it has got to go even lower. If it turns out to be no worse than previous cases of infectious mass hysteria, then it'll bounce back. I was thinking to put more money in next week, but maybe I'll wait a little.
A loooong stretch, imo. First, the morbidity and mortality from it has to be significant to matter. Second, our health care system has to fare worse than others that have had to deal with that. China has a nearly complete basic coverage, they aren't doing great. Italy has a universal national care coverage, reports suggest similar to Chinese mortality rates of around 3%. All we need to do better than them, and I actually have a high level of confidence that we can.
We do better than the rest of the world taking care of truly sick people, advanced cases, old folk etc. That's one of reasons, not often spoken about, that we spend that much money on health care. Cost and low impact on global health metrics are the downside. The upside is that when shit like this hits the fan, we have more ERs, readily available imaging capabilities, more ICUs and vents, better intensivists, tele-medicine structure, and infectious disease work force that have no rivals in the world to handle stuff like that. It might get hairy if COVID hits some underserved but populous area but I doubt that even that would translate into the Medicare for all promo.
Doesn't read posts longer than two paragraphs.
I believe you on the quality of our medical system, but the country is already probably 40-50% pro-socialized medicine. It doesn’t matter if y’all do a fantastic job of saving lives. If covid 19 spreads like a mild flu year I think the residual fear, bad press, plus a whole lot of people who can’t afford to miss work having to take a month of unpaid vacation could easily push those numbers to an easy Dem win.
I am rather calm about this. If it takes some viral panic, pun intended, to get Bernie elected, then too bad but OK, we'll survive through four years of Bernie. If he has four years in him, that is.
Tangential to the discussion but I don't see any cure for those who want socialized medicine other than letting them experience that. The rest of us will have to suck it up but I don't think it'll take too long for them to experience that side of Medicare they have no idea about.
Doesn't read posts longer than two paragraphs.
My mistake. I should know better having used the benefit myself.
In the P-F basket of deplorables.
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