Home of the Grave

JM Ashby
Written by JM Ashby

(Cartoonist - Chris Britt)

In other news, sources within OPEC who spoke to Reuters say Saudi Arabia and Russia are prepared to agree cut output at their upcoming meeting on Thursday, but only if Americans agree to cut output as well.

I suppose it could happen, but I'm very skeptical.

Meanwhile, the mortgage industry is warning that the system could collapse if the government doesn't provide more liquid funding to support the program for delaying mortgage payments. This feels like a ticking time bomb.

The Cares Act, which seeks to limit the economic damage from COVID-19, mandates that all borrowers with government-backed mortgages — about 62% of all first lien mortgages according to Urban Institute — be allowed to delay at least 90 days of monthly payments and possibly up to a year’s worth.

Those payments would then have to be made at a later time through a payment plan. Servicers are granting the payment deferrals to borrowers with no questions asked, as is required by the law, but the servicers still have to pay mortgage bond holders.

Finally, Georgia Governor Brian Kemp bizarrely claimed that no one knew the virus could be spread by people without symptoms when he ordered a stay-wide shutdown last week, but his own department of health said as much over a month ago.

An email obtained by progressive watchdog Accountable.US via a public records request and shared with CNN showed that the head of the state's Department of Public Health, Dr. Kathleen Toomey, was advised in early March to inform the public that people who didn't display symptoms of the virus could still spread it to others.

"Note that this encourages staying away from others even if a person may not me [sic] experiencing symptoms themselves, but a family member does. Why? Because there is a strong chance that a person could be infected but asymptomatic, but could still infect others," Pinar Keskinocak, the director of Georgia Tech's Center for Health and Humanitarian Systems, wrote in the email sent to Toomey and other state officials on March 2. The message was first reported by the Atlanta Journal-Constitution.

The CDC, which is literally based in the same city as the Georgia governor's mansion, said asymptomatic carriers could spread the virus in mid February. Kemp obviously wasn't paying attention to that, but he also wasn't paying attention to his own health department which said the same thing a couple weeks later.

  • waspuppet

    Trump is too stupid to know that when he says “We’re going to help the oil industry,” it’s a direct contradictions with last week’s “Gas prices are so low! Great for consumers! It’s like a tax break!”

    And his followers are too stupid to know it too. And he doesn’t care about anyone else.

  • Badgerite

    The recent court decisions which require the Wisconsin people to hold an in person election in the middle of a pandemic is exactly why Moscow Mitch and the knucle draggers at the ‘Federalist’ Society wanted the court system so badly. Here in Wisconsin, it is the counties of Dane and Milwaukee that are being hit the hardest by the coronavirus as they actually have people living there. Mail in voting was the obvious way to go to protect the people of Wisconsin and their right to vote.
    The gop only wants empty land to vote.

    • stacib23

      I can only sit here and shake my head in sadness. These guys put lives on the line, for political reasons and right in everybody’s face, and there will never be any recourse or accountability. I’ve never believed there was a floor for these fuckers, but I am amazed that they can still surprise me with their inhumanity.

  • katanahamon

    From Daily Beast..

    “President Donald Trump has a “small financial interest” in the drugmaker of an anti-malarial drug that he has been touting as a “game changer” in treating coronavirus, according to The New York Times. Over the past two weeks, Trump and his Fox News allies have aggressively promoted hydroxychloroquine as a potential cure despite top infectious disease expert Dr. Anthony Fauci urging caution and noting that there was not enough evidence of the drug’s efficacy.

    The Times reports that the president’s family trusts all have investments in a mutual fund whose largest holding is Sanofi, the manufacturer of Plaquenil, the brand-name version of hydroxychloroquine. Associates of the president, such as major Republican donor Ken Fisher and Commerce Secretary Wilbur Ross, have also run funds that hold investments in the pharmaceutical firm.”

    Time for “Impeachment, Part Two”.

  • katanahamon

    Why is the stock market even continuing to trade during this disaster? Ohhhh..I almost forgot..America has lost its mind. Think about it..people are dying, suffering, families are being destroyed, people are out of work, yet, the machinery that the richest ten percent own eighty percent of, the stock market, continues to churn because the richest among us must have the money continue to roll in. Despicable. And now, we allow Rump to bluster and swagger and lie, outright lie in front of cameras just for his benefit. No, you can’t convince me that there is any benefit whatsoever to the country, he propagandizes and attacks, yet we somehow continue to play this ludicrous game where an infantile, morally bankrupt narcissist pretends to play at being president while we literally die as a result of his and others’ absolute disregard and disdain for Americans’ lives. I guess he can get away with shooting someone on Fifth Avenue. What’s one person’s life compared to the already over ten thousand he’s responsible for?

  • Aynwrong

    Everything I said about Florida the other day can simply be repeated here.

    Lives could have and would have been saved had a Democrat been elected governor of Georgia. That’s not what happened (I’m totally aware that Kemp and the GOP most likely cheated their asses off). People will die for this breathtaking, yet not remotely surprising incompetence.

    Calling this criminal is too weak by far.

    • mnpollio

      You are probably correct. Then again no one has concerned trolled in the media more than New York’s Andrew Cuomo (and basked in the glow of the adulation directed his way) and now comes word that he is drastically slashing the budget to Medicaid and hospitals in the midst of what he acknowledges is a major health catastrophe.

      From Democracy Now: “As New York races to keep up with the explosion of coronavirus cases,
      progressive critics say the state budget agreed to by Governor Cuomo and
      the New York Legislature last week will harm New Yorkers already
      suffering the most from the coronavirus crisis. The $177 billion budget
      will slash the state’s Medicaid program by $2.5 billion a year,
      including a $400 million cut in money for hospitals”

      Again, please note the timing of this was LAST WEEK. In the midst of this disaster.

      For all of the good will he generated towards himself with his initial handling of the COVID-19 crisis, he has now shot himself in the foot because he refuses to raise taxes on New York’s 1%. This last part seems more important to him (how conservative of him!) than the health of the New Yorkers he has been screaming about on TV all this time. How many will die now because of this decision to save money? I have a question for people like him (and the many conservatives in the same boat): Is this or is this not the health catastrophe that he claims? If so, then how does one defend the timing of allowing a massive slash that grossly impact hospitals and the health of his constituents in the midst of it? The fact that Mr. Cuomo is a Democrat buys him no leeway for this diabolical decision as far as I am concerned.

      • Aynwrong

        I agree completely. My point was that NY state and city, as hard as they have been slammed by this are still better off for having a Democrat in the Governor’s office if for no other reason that he didn’t pretend it was fake for fear of offending the Dear Leader’s ego.

        The cuts Cuomo pushed through are indefensible.