Looks like four Republicon Senators so far (Richard Burr, Kelly Loeffler, Jim Inhofe, and Ron Johnson) are known to have sold off large quantities of personal stock holdings, after receiving briefings early on regarding the impending severity of the "hoax" virus. What do you think the mathematical probability might be that there are many more -- including, of course, Kim Don Un's family of grifting locusts -- that have been profiteering in real time from the delays and denials and supposed logistical difficulties in preparing for and responding to the situation?
I've expressed skepticism of the actual severity of the plague early on, and you could say I've cautiously revised those early assessments. Again, going from empirical data and common sense, it is now more clear that the numbers were artificially "low" here because no one's been tested yet. The numbers are likely to skyrocket in the coming weeks, and people will die.
(I'm still not entirely convinced that completely shutting down the world and trashing the economy is a practical solution, but clearly something needs to be done, since certain people were not as proactive as they could and should have been.)
Other people will be laid off or cut loose from their jobs, and in a country where a significant number of people are four hundred bucks away from the sidewalk, that can be as much or even more of a death sentence than the virus itself. Poverty is a health-care issue, duh.
And these fuckers are making a smooth buck of it, cashing in on the misery of their countrymen. Loeffler is the wealthiest member of Congress, worth half a billion dollars. Her husband is the FUCKING CHAIRMAN OF THE NEW YORK STOCK EXCHANGE. But she got the briefing several weeks ago, cashed in a few mil, and turned around and bought stock in Citrix, since people will be working from home for some time, doncha know. (Those that still have jobs, anyway.)
And the entire time, these dirtbags have been praising Dear Leader's competence and manly stamina, like the dutiful little bootlicking worms that they are. They knew what was coming down, could have taken any number of actions publicly or at least in their respective home states. But no, there was a precious dollar to be had. Money always comes first with people like that. Always. It is not figurative in the least.
Entire states are being shut down now; just a few hours ago, the governor of California instituted a "shelter in place" order for the entire state (the order had been going county-by-county over the past several days). One in eight Americans lives here. Forty million people, who now can't go to fucking work to get money to buy food and pay rent.
I feel grateful and fortunate that I have almost two months' worth of vacation and sick time banked, though given the extraordinary circumstances, I might not be able to use them. I won't know until tomorrow or Monday. I have enough in the bank to last us a couple months as well, though. The thing is, I know a lot of people who don't any such cushion. I'll try to help out a few friends if need be, and maybe find a way to donate to the local food bank.
But a lot of people are well and truly fucked, and are about to find their lives in a hole that may take them years to get back out of, if ever. Debt can be a prison of sorts, especially in an economy explicitly designed to keep the vast majority in a state of permanent precarity, of always being a missed paycheck or bad health-care break away from living in a van down by the river.
They should know that a small group of people deliberately profited from their misery. They deserve to have a political party that actually represents them and fights for them, instead of gutless incrementalists that couldn't lead a scout troop across a dirt road.
I've been thinking about this post I wrote last weekend, almost since the very minute I finished it. I was way, waaayyyyy too hard on Matt Colvin and the rest of the "garage arbitrageurs" in that article. I have read enough of the "side hustle" and "nichepreneur" blogs and articles and mini-books to know that there really is a very small but very committed group of folks out there that do this for their living. Usually through Amazon's affiliate program, they do things like find clearance pallets on Alibaba -- or, in Colvin's case, driving around to all the dollar stores in a hundred-mile radius, buy items that they know they can sell for a markup on their affiliate page, and move product or have it drop-shipped.
It's work, and while it occasionally ends up being some asshole in Tennessee sitting on a garage full of hand sanitizer, trying to gouge desperate panic-buyers, the fact is that we should be able to muster a proportionately larger volume of genuine outrage at wealthy people who have sworn a legally binding oath to never use their elected office for personal profit. The Tennessee Attorney General seized all the contents of Colvin's garage last weekend, and I sincerely hope Colvin was at least compensated for his expenses.
As long as the health-care gougers and corrupt politicians get away with their evil shit right out in the open, I feel embarrassed for even picking on a schmuck like Matt Colvin, who at the end of the day was trying to get what might have amounted to mid-five-figures at best. A life-changing amount for him and his family, unlike the couch-cushion change Kelly Loeffler sold out her country for. But I'm leaving that post up, unaltered, as a reminder to myself at least.
Another prime example from this week is that spring break kid from the Florida beach, who just wasn't all that concerned about the virus. If I get it, I get it. People expressed their outrage at his "selfishness," as if we weren't all that way when we were nineteen. As if that kid, and everyone in his generation, hasn't been explicitly told their entire lives, tough shit, your problem. Climate change? Your problem. Mass shootings in schools? Your problem. Decades of student-loan usury and gig-economy wage slavery? Your fucking problem. We got ours, sucks to be you.
But yeah, surfer dude's the selfish asshole. Right. I'd say he's internalized the lessons that have been taught to him his entire life.
A decent society that had a real understanding of what it's facing right about now would truss up that cohort of Senate profiteers like Thanksgiving turkeys, set up a guillotine in front of the White House gates, and commence with justice. It's bad enough that they'd happily watch you die in the gutter, but they decided to cash in on a situation that they knew would worsen drastically, and say nothing about it. They aided and abetted an ongoing crime that will kill people and ruin lives. They should be punished accordingly. The Republican Party is an organized crime syndicate that needs to be detained, investigated, and imprisoned, before they completely destroy what's left of the country. Really, it might already be too late now.
Since we are no longer a decent, serious society, and maybe never really were, we all already know what will happen to them -- nothing. They won't resign, they won't get censured or fined, there might be some insincere mea culpas and a few enraging homina-homina moments from the prime suspects, and then maybe some canned rebukes muttered on whichever MSNBC host needs a guest at the moment, and that will be that. It's all just a big game to them -- your life, my life, all of it.
Because let's face it, folks -- the real problem right now, the one truly undermining the stout fabric of a once-proud nation, is that the Chapo Trap House guys are dicks, and someone was mean to Bret Stephens on Twitter that one time. Priorities, people.
Oh, and fuck your feelings. Remember that one? Good times. They weren't joking.
I've expressed skepticism of the actual severity of the plague early on, and you could say I've cautiously revised those early assessments. Again, going from empirical data and common sense, it is now more clear that the numbers were artificially "low" here because no one's been tested yet. The numbers are likely to skyrocket in the coming weeks, and people will die.
(I'm still not entirely convinced that completely shutting down the world and trashing the economy is a practical solution, but clearly something needs to be done, since certain people were not as proactive as they could and should have been.)
Other people will be laid off or cut loose from their jobs, and in a country where a significant number of people are four hundred bucks away from the sidewalk, that can be as much or even more of a death sentence than the virus itself. Poverty is a health-care issue, duh.
And these fuckers are making a smooth buck of it, cashing in on the misery of their countrymen. Loeffler is the wealthiest member of Congress, worth half a billion dollars. Her husband is the FUCKING CHAIRMAN OF THE NEW YORK STOCK EXCHANGE. But she got the briefing several weeks ago, cashed in a few mil, and turned around and bought stock in Citrix, since people will be working from home for some time, doncha know. (Those that still have jobs, anyway.)
And the entire time, these dirtbags have been praising Dear Leader's competence and manly stamina, like the dutiful little bootlicking worms that they are. They knew what was coming down, could have taken any number of actions publicly or at least in their respective home states. But no, there was a precious dollar to be had. Money always comes first with people like that. Always. It is not figurative in the least.
Entire states are being shut down now; just a few hours ago, the governor of California instituted a "shelter in place" order for the entire state (the order had been going county-by-county over the past several days). One in eight Americans lives here. Forty million people, who now can't go to fucking work to get money to buy food and pay rent.
I feel grateful and fortunate that I have almost two months' worth of vacation and sick time banked, though given the extraordinary circumstances, I might not be able to use them. I won't know until tomorrow or Monday. I have enough in the bank to last us a couple months as well, though. The thing is, I know a lot of people who don't any such cushion. I'll try to help out a few friends if need be, and maybe find a way to donate to the local food bank.
But a lot of people are well and truly fucked, and are about to find their lives in a hole that may take them years to get back out of, if ever. Debt can be a prison of sorts, especially in an economy explicitly designed to keep the vast majority in a state of permanent precarity, of always being a missed paycheck or bad health-care break away from living in a van down by the river.
They should know that a small group of people deliberately profited from their misery. They deserve to have a political party that actually represents them and fights for them, instead of gutless incrementalists that couldn't lead a scout troop across a dirt road.
I've been thinking about this post I wrote last weekend, almost since the very minute I finished it. I was way, waaayyyyy too hard on Matt Colvin and the rest of the "garage arbitrageurs" in that article. I have read enough of the "side hustle" and "nichepreneur" blogs and articles and mini-books to know that there really is a very small but very committed group of folks out there that do this for their living. Usually through Amazon's affiliate program, they do things like find clearance pallets on Alibaba -- or, in Colvin's case, driving around to all the dollar stores in a hundred-mile radius, buy items that they know they can sell for a markup on their affiliate page, and move product or have it drop-shipped.
It's work, and while it occasionally ends up being some asshole in Tennessee sitting on a garage full of hand sanitizer, trying to gouge desperate panic-buyers, the fact is that we should be able to muster a proportionately larger volume of genuine outrage at wealthy people who have sworn a legally binding oath to never use their elected office for personal profit. The Tennessee Attorney General seized all the contents of Colvin's garage last weekend, and I sincerely hope Colvin was at least compensated for his expenses.
As long as the health-care gougers and corrupt politicians get away with their evil shit right out in the open, I feel embarrassed for even picking on a schmuck like Matt Colvin, who at the end of the day was trying to get what might have amounted to mid-five-figures at best. A life-changing amount for him and his family, unlike the couch-cushion change Kelly Loeffler sold out her country for. But I'm leaving that post up, unaltered, as a reminder to myself at least.
Another prime example from this week is that spring break kid from the Florida beach, who just wasn't all that concerned about the virus. If I get it, I get it. People expressed their outrage at his "selfishness," as if we weren't all that way when we were nineteen. As if that kid, and everyone in his generation, hasn't been explicitly told their entire lives, tough shit, your problem. Climate change? Your problem. Mass shootings in schools? Your problem. Decades of student-loan usury and gig-economy wage slavery? Your fucking problem. We got ours, sucks to be you.
But yeah, surfer dude's the selfish asshole. Right. I'd say he's internalized the lessons that have been taught to him his entire life.
A decent society that had a real understanding of what it's facing right about now would truss up that cohort of Senate profiteers like Thanksgiving turkeys, set up a guillotine in front of the White House gates, and commence with justice. It's bad enough that they'd happily watch you die in the gutter, but they decided to cash in on a situation that they knew would worsen drastically, and say nothing about it. They aided and abetted an ongoing crime that will kill people and ruin lives. They should be punished accordingly. The Republican Party is an organized crime syndicate that needs to be detained, investigated, and imprisoned, before they completely destroy what's left of the country. Really, it might already be too late now.
Since we are no longer a decent, serious society, and maybe never really were, we all already know what will happen to them -- nothing. They won't resign, they won't get censured or fined, there might be some insincere mea culpas and a few enraging homina-homina moments from the prime suspects, and then maybe some canned rebukes muttered on whichever MSNBC host needs a guest at the moment, and that will be that. It's all just a big game to them -- your life, my life, all of it.
Because let's face it, folks -- the real problem right now, the one truly undermining the stout fabric of a once-proud nation, is that the Chapo Trap House guys are dicks, and someone was mean to Bret Stephens on Twitter that one time. Priorities, people.
Oh, and fuck your feelings. Remember that one? Good times. They weren't joking.
I just read that Diane Feinstein cashed out a bit too before the big drop, supposedly hers was in a blind trust or some such. Already we are hearing the line "my investment adviser makes all the buy and sell decisions for my portfolio, I had no knowledge of it". But the revelation about Burr seems particularly egregious as he had the direct inside scoop of how bad it was likely to get, cashed out stock, shared his insider knowledge with fellow Tarheel high rollers, then to the general public he put forth the line of "oh it ain't that bad" - when he knew and believed that the opposite was true. Some public servant! Now they will all be patiently waiting to make a bundle on the rebound same as in 2009, a crash leads to a buying opportunity. Buy low, sell high, wash your hands. Wonder how many more similar tales will come out in the next few days.
ReplyDeleteI recall reading the same thing as well, and of course Feinstein's husband, Richard Blum is wealthy through his long-standing and lucrative dealings with Chinese businesses and industrialists.
ReplyDeleteI think the real dividing line between being merely a craven opportunist and perhaps more of a plague profiteer is, as you point out, when high-ranking pols who had been briefed and knew better, such as Burr and Loeffler, made a point of being cheerleaders and shills for this failure of an administration, while they were cashing out and feathering their nests the whole time.
We'll see if their voters have it in them to pay attention to the vulgar shenanigans and vote accordingly, or if they get gulled once again by some dopey combination of gawwwd, gunz, Jebus, and sociamalism.