Bailout / Stimulus Discussion (Hints Missed & Shartz Fired)

FROM THE MOUNTAINTOPS AND ROOFTOPS THEY SHOULD BE SHOUTING THIS!

Also, “Republicans are like that boss you hate who makes three times as much money as you, makes you do all the work while taking long lunches and leaving early, blames everything bad on you and takes all the credit for your work. Coincidentally, most of those bosses probably vote for Republicans because doing all that to you isn’t enough, they want to cut your Social Security and get themselves lower taxes.”

First, as for not having empathy, I cried like four days in a row in March when I realized how massive this financial crisis was going to be and how much suffering there would be. I didn’t expect any of it to be my own personal suffering, now I think it probably will be. I sobbed the first day. I fucking care.

But the long term victory means less suffering, death and homelessness for them in the long run. Nobody here is actively willing to trade more death or homelessness for a “win” we think that a win is less overall death and homelessness from this crisis, and we think that Dems standing their ground and demanding the full $600 until at least January etc etc is how that is accomplished, regardless of whether that means the GOP caves in or lets this get out of control bad.

The immediacy of suffering and the degree of it are awful and it’s hard emotionally not to just want to immediately stop that, I get it and agree with how you’re feeling… But Dems job is to make good, logical decisions to help their constituents the most overall, not to do what feels easiest in the immediate moment. I fully believe playing hardball now will save the max lives and prevent the max hardship/suffering.

I also want to point out that the reason we’re in this situation is that the Dems have systematically caved in every one of these less severe situations for several years. It always feels like you have to cave, I’ve even advocated for it in the past in some situations. Save them now, fight more later. But eventually “we’ll fight harder later” turns into never. The Dems have handled previous situations poorly in hindsight. Saying they have to cave now is like saying we have to open the schools because we fucked up so much earlier in the pandemic that we’re out of options.

Likewise, I graduated into the last recession and never made more than $13K in a year off my major. I had to work 2-3 jobs to scrape by and only accumulate like 8-10K of debt over a few years instead of way more. At one point as a recent college graduate I applied to 100 service/retail/menial jobs in a week. I literally walked shopping malls looking for a retail job. I didn’t get one off the 100 applications.

When it comes to Republican policy costing people money and impacting careers, I also lost a ton of potential income due to UIGEA. My plan was to grind online, where I was making $50/hr multi tabling 50NL and use that to make supplemental income for broadcasting. That going away led to me being in poverty for years, building up debt, then digging out of it and grinding my way to 2/5 when I started trying to go pro in 2014 at live poker. I know what it’s like to walk into a social services office and apply for Medicaid. I know what it’s like to wonder if you’ll be able to get healthcare (pre-ACA), to charge living expenses and not know when you’ll be able to pay them off, etc.

The amount of money that cost me is a really big number, to the extent that I could have been in a position now where I owned my home outright (and didn’t have to deal with landlords), had my retirement set pretty nicely, and was in a much better position to ride this out.

So I know what it’s like to be on the wrong end of bad policy. I just want the minimum amount of suffering for people over the long run, I’m not willing to get drawn into the immediacy right now and ignore the big picture.

I’m in a position where I would personally benefit immensely from extending CARES and another round of stimulus. I grinded my way up to stakes where I could make good money about a year ago. I was just starting to really make some progress toward a long term strong position financially. No the games are deteriorating here, if my income goes to $0 as I fear, if/when we get out of this, I may be back in the grinder trying to get back to making the kind of money where I can get ahead of the game and secure my financial future.

It’s not homelessness or starvation in the next few months, but it’s not nothing either.

It might, but that wouldn’t mean it was right. Ultimately it’s, suffer for a few months now or defer it and likely suffer for a few years later. People might say just end my current suffering, get me out of the current mess, we’ll deal with the rest later… but that doesn’t make it the right move.

Nah, you can’t blame Democrats for any of this.

  1. They passed HEROES on May 15, three months ago. The Senate hasn’t voted on it, or anything for that matter.

  2. They’d pass a clean extension of CARES through January. That’s a non-starter for the GOP.

  3. The GOP is shooting the hostages. We’re just not agreeing to give them band aids and no additional help for months on end. If you were just shot in the gut and bleeding out, would you settle for a band aid, or would you demand an ambulance?

This is exactly why it is essential to not give them a short-term victory that doesn’t even cover the lame duck, thus increasing the chances that they have the power to block help in the future. After this, there is no more help unless Dems control all three branches. You just made our case for us.

So if it’s lasting through December, that’s basically five months so about 20 weeks. That’s 7.35M payments per week. Unemployment is officially 10.2% right now, which means about 16M people unemployed give or take. So either they’re going to DQ more than half of unemployed people or it’s going to run out twice as fast.

My guess is they project a lot of states not to be able to kick in the $100, and then they’ll blame the governors.

What you’re essentially saying is that if you’re in that position, the only thing you will factor in is your short-term survival for one month. This is the type of thing that leads people to make desperate decisions with bad long-term repercussions. It’ll put 5-10 times as many people in the same position in a couple months, which will be way worse. The Dems job is not to make an emotional and irrational decision, it’s to minimize the damage and suffering in the medium-long run (6 months to 3 years).

Nunn, I like you man, we agree on a lot and I enjoy discussing politics and business with you. Next time I’m in your neck of the woods, I’d love to buy you a beer and talk. But on this take a second, take a breath, and remember this: we all agree about Barr. He’s a massive threat to democracy. What we are saying is he was obviously never being impeached by this Democratic Party run by Pelosi and Schumer. That’s all, that’s what we were saying. It’s was never about SHOULD he, it was WOULD he.

But eDems caved on that, and wussed out. Cause it’s what the eDems do.

They can accomplish it into November, not beyond. Then there won’t be shit for help at any point going forward if the GOP holds any chamber or the White House. So you’re advocating for getting about 3 months of help now, with a MAJOR risk of getting zero help whatsoever at any point after that. You seriously want to make that deal?

Even if Meadows is telling the truth, are you willing to trade $600 til the end of November for absolutely nothing for a minimum of 2-3 months after that, and for 2+ years if the GOP holds the Senate or White House? Remember if they get the help short-term through, it significantly boosts the GOP’s odds of holding onto something.

It’s not an unknown variable, it’s a quantifiable variable. And it’s a really bad one. REALLY bad.

You can argue over which strategy will save more lives, but full stop we all think like 10x as many people die and lose homes under your strategy as under ours. So it’s not about us being bad people, careless, lacking empathy, etc. It’s about us doing calculus to estimate a variable based on everything we know about the situation. You’re treating it as some variable that can’t possibly be known and saying we have to completely disregard it.

But again, we have tons of empathy, we all want to save the most lives. We think the right way to do that is not to cave here. You disagree, which is fine, but it’s not about empathy.

That’s exactly what we’re doing. With your strategy we prevent 3 months of suffering now, we guarantee 3 months of suffering after the election (when you admit the GOP will do nothing at all regardless of who wins), and we increase the likelihood of years of suffering later.

Under our plan we EITHER get the GOP to gave now OR take 3 months of suffering now, almost certainly 3 months of suffering after that, and almost certainly minimize all future suffering after January 20, 2021.

If no money comes in, the GOP cannot win.

If money comes in, the GOP has a much better chance of winning.

Now apply that to all the rest of your calculus.

We’re five months away from inauguration day, assuming this would be retroactive to 8/1, almost six months. You’re advocating for accepting an extension until mid-November, which is 3.5 months. So to be precise you’re advocating for 58% measure that increases the GOP’s odds of winning and thus increases the odds of ZERO measures going forward.

And you’re blaming the Democrats for it.

I voted no, it would be yes through the end of January.

A) Strong aid packages going forward as needed, and as quick of an economic recovery as actually possible from the hell we’ll be in when Biden is sworn in.

B) No additional aid until 2023. (Maybe another band aid for a few months right before the 2022 election just like this one they want.)

C) No additional aid ever.

D) No additional aid ever.

This is your problem. It’s not only predictable, the scenarios are all obvious.

Then it’ll be worse in the fall/winter.

You really want to bed lives on that? Damn man, that lacks empathy.

No matter what happens nothing will be done in the lame duck because the GOP wants to do nothing, the GOP has the power to block everything, and the GOP has zero electoral ramifications for doing nothing after the election.

No matter what happens, nothing will be done in the lame duck.

Which also means landlords and lenders can expect full balloon payments shortly after the inauguration, which means people probably stop being evicted.

This is the one scenario where the GOP may do something in the lame duck. If Dems control everything out of the election, and Biden, Pelosi and Schumer declare what will pass on 1/20/21, the GOP may elect to let it happen sooner than later because it doesn’t really make any difference.

I could seriously picture this happening and then Trump vetoing it out of pure spite.

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Me too.

I give up, seriously.

My position is I don’t want people to die and/or have their lives ruined unnecessarily because a bunch of people are posturing over an unknown future when one side is gleeful that millions of lives will be ruined by doing nothing (the GOP).

If we can get a skinny deal passed that gets several more months of $600 and an eviction moratorium while negotiating the rest I believe we should do it because I KNOW it will save lives right now. That’s all I’m advocating for here, and I am against doing nothing for the sake of proving a point that may never happen or when conditions on the ground could vastly change by the time the round runs out.

All I am trying to do is tell anyone who feels the way you do to identify your privilege and check it. This has nothing to do with empathy and is all about privilege that each of you continues to deny allows you to be comfortable yet conflicted in your thinking on this. 48 hours of nothing unless bureaucratic miracles can happen and you’re getting your scenario. Like I said when people just had to get out during COVID-19 on July 4, I hope it will be worth it to you.

I’m presented as the bad guy here by saying I don’t want people to die and don’t want people to have their lives ruined unnecessarily by doing nothing right now when something could be done right now incredibly easily. What a world.

Bro, Mitch McConnell is not going to find the light. There will be zero help in the lame duck and zero help of the GOP controls the Senate or White House after the election. That’s not unknown, that’s the situation.

We’re not doing it to prove a point, we’re doing it to save more lives in the medium-long term.

At least you admit it’s not about a lack of empathy now. I think numerous of us have admitted we have privilege in this situation, but we’re advocating for what will save the most lives in the next 6 months, 12 months, 24 months as opposed to the next 3 months.

Nah, it’s not our scenario. Our preferred scenario is the GOP caves and does the right thing and we get a clean extension through January. Our unacceptable scenario is Dems caving and giving the GOP a band aid that helps them keep the Senate and boosts Trump’s odds. What’s happening is the GOP’s scenario.

I don’t think anybody is calling you a bad guy, we’re not saying “Nunnehi hates people and wants them to die.” We’re telling you why you’re wrong about the strategy here that will save the most lives.

You’re like the jealous girlfriend/eyes wandering boyfriend meme. Over here are like 1M lives you can save over the next year, and you’re looking at the 100K lives you can save right now. Eyes straight ahead, we need to save the 1M lives.

That crystal ball you have looks really sweet, I hope it makes you a lot of money. I disagree with you on numerous variables other than the one that you are willing to sacrifice x number of lives to get a better future in 6, 12, or 24 months despite not knowing if there will be a better future. Act like you don’t know what’s going to happen or you should enter the psychic business. What I do know is doing nothing is going to cost lives and ruin lives, lots of them, soon. I know you don’t disagree.

Plus, you really don’t know how any of this is going to play with the voting public. Mitch is laying all the blame at the Democrats’ feet. We know that’s not true, but we don’t know whether it will work. My goal is for you to understand the GOP is willing to drive the whole country off a cliff by doing nothing and they will try to blame the Democrats for doing it. This country is well known for not realizing who the bad guy is and that’s how I think anyone should be thinking right now.

I have good news for you! No bill of any shape can pass right now due to unconditional blocking by Republicans, so you don’t have to stress about blaming the Democrats anymore!

Source?

No crystal ball, I just paid attention the last several years and I know all the players and I know their tendencies. You’ve basically admitted as much - the GOP wants the death, it’s a feature not a bug. You’re just saying there’s hope for some miracle like a cure/vaccine in a few months, herd immunity being lower than we think, etc. I’m telling you that going all-in on a long shot miracle between now and mid-November is a horrible idea.

I don’t appreciate you’re wording. I’m “sacrificing lives” for a “better future”?? I’m not sacrificing lives so the economy will bounce back faster. I’m saying we can lose a ton of lives now or many tons of lives later, and I’m trying to save the most.

You can disagree but let’s keep the wording uniform. If you claim I’m sacrificing lives now, you have to admit that I’m doing it because I want to save more lives later. If you want to say I’m doing it for a better future later, say I’m accepting a worse short-term future.

Just like I “didn’t know” that Barr was never getting impeached, that the eDems were never impeaching on Russia, that your hopes were misplaced, etc? I’m not trying to be a dick and dunk on you for that stuff again, I’m pointing out that it’s not a crystal ball, this stuff is predictable.

Now that’s true, I don’t know that. I am confident that the blame will ultimately fall on Trump and the GOP, but I could be wrong about that. I’ve made my case as to why - basically Trump’s EOs put the onus on him in a very clear way. That’s the one part of this that isn’t clear, though, and it’s important but that’s where the people making the decisions have to make the best assessment of the odds of how it’ll play out, and make the decision that saves the highest expected value of lives.

Right, we all know that. But if they won’t give a full extension to January now, we’re going over that cliff around Nov/Dec anyway. The goal should be saving the maximum expected number of lives, not kicking the can down the road three months on a hope and a prayer.

Senate Majority Leader Mitch McConnell (R., Ky.), who has largely stayed out of negotiations, has previously estimated that as many as 20 Senate Republicans will oppose any new spending on coronavirus relief. On top of the deep Republican divisions on another bill, negotiators are also grappling with the charged politics of crafting a major piece of legislation less than 100 days from a presidential election

There is literally no bill that will pass that won’t have more Democratic support than Republican, and Mitch will never let that happen.

This is it, right here. Your perception is the GOP and Trump get the blame for nothing getting done. In that scenario, the GOP gets curb stomped in the election, therefore it is correct to get something short term. In this scenario, if you’re right, Mitch will lose. He is up in this election and if the blame really does go to the GOP, he will be public enemy number 1. Kentucky already showed they will put a Democrat in a position statewide if they hate the opponent enough.

Please base all of your calculus from the position that we curb stomp them in November, get a significant majority in the Senate (4+ seat advantage), and that them obstructing in the lame duck will go extremely poorly. You’re making all of your calculus based on the GOP retaining the Senate. If you actually believe they will retain power in the Senate, that is a different calculus that fits more with your thoughts in this thread but would add current misery on top of future misery instead of delaying it. If you believe they will lose and lose significantly, your current calculus is not good. If you believe the GOP can win, you must get money to people now if you can for as long as you can.

If the GOP tries to block necessary aid in the lame duck because of the f you strategy after getting curb stomped in the election, I’m gonna guess what you’ll see in Washington will make the health care protests look like child’s play.

To me, you’re essentially taking the worst case scenario and making it massively worse, taking the best case scenario and making it unnecessarily bad, taking a realistic scenario and making worst case assumptions not realizing things could be 10 times worse by then forcing action, and also ignoring the voters’ will in November or sooner driving anything that will happen in the future.

No matter what you think, you are way too detached from this, which is the exact same problem the leaders of Congress have. You are thinking exactly the same way as Pelosi right now whether you want to believe that or not.

Any bill that passes the Senate will have unanimous Democratic support and will need a handful of GOP to get it over the 50 hump (this will happen). The biggest issue is getting the 60 votes needed for cloture. The reason the Democrats have so much ‘leverage’ is that if a deal must get done it will get done on largely Democratic terms. Those 20 senators will gleefully take unlimited loss of life to avoid making any deals. The question is whether 13+ GOP senators aren’t willing to burn it all down even if they don’t vote for the final bill.

Mitch does not bring bills to the Senate that don’t have majority Republican support. Full stop.

13 Republican senators are not going to break rank. Full Stop.

This is different, full stop.

Under your scenario there will never ever be a deal.

Oh boy he’s finally got there

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lol, you just think the whole country is going to burn down and everyone will just go, ‘oh well’. People on this site need to get off the nihilism train.

like when you told us to get off the impeachment nihilism train because it was def going to work?

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At what point did I ever say impeachment was going to work? I said I wanted those a-holes on the record on both sides of the aisle. I never said he was getting convicted.

No it’s not, because nothing getting done → curb stomping, getting something done → possibly a close election, a more likely loss. You’re acting like this deal and the election are independent events, they are not.

No I’m making all of it based on the outcome of this situation now having a HUGE impact on the outcome in November. You cannot treat them like two independent situations.

Mitch won’t let a bill pass with 47 Dem votes and a handful of Republican votes. If he would, he’d have let HEROES come to a vote already.

Cool, we’re back to my problem here. You’re putting a political calculation that you don’t know the outcome of above people’s lives. That’s what I don’t like and am pushing back against. It is gross no matter how much ‘EV’ you think it has.