4430 Loc: Little Egypt ** Southern Illinory

Milosia

Whose money is that in my account?
When the Federal Reserve starts recalling green backs, label as worthless , whose money will it be in your account then?

Singularity

As long as we all believe in fairies, Tinkerbell will fly.

As long as we, the People, in the form of the U S government and Federal Reserve, believe and support that it is worth its salt, the numbers in our bank accounts belong to us.

But that's just a number. Its not really real; not a house, not food, not medical care, but a quasi material sort of promise that the NUMBER will be there whenever you check.

Quantum finance. Spooky action at a distance....

Milosia

Stocks are starting to tumble wickedly.
Do you know where a Your bank keeps its money?
If they lose it all on junk bonds , whose money will be left in the bank?
Only your money I suppose.

Singularity

I am 64, chronically disabled and had pneumonia 18 months or so ago. "Vulnerable."

My 27 year old son has Dystonia. A neuromuscular condition that gives him painful cramps and continuous writhing movements.... In the Parkinson's disease family, except the movements are slow, not jerky. When he drinks a beer or has a slight fever, the lactic acid buildup in his muscles causes excruciating pain. Also "Vulnerable."

He delivers sandwiches for Jimmy John's 20 hours a week and is struggling to increase his hours enough to not have to depend on Social Security Disability. If he stops working and self quarantines he will be unable to make his car payment and auto insurance premiums, lose the car and thus... lose the job as well.

Does anyone have any real facts about how this "stay home from work and we will pay sick leave somehow" is supposed to work for people who work gig jobs, depend on tips and can't afford the financial disruption of two weeks without pay? I'm pretty sure the details aren't going to be ironed out by 10 tomorrow when he will go deliver sandwiches, "Freaky Fast!" to 30 or 40 office workers and kids stuck at home while parents work.. in order for his paychecks to not be interrupted... Are any of the vague promises our leaders are throwing out there, being fast tracked for "vulnerable" workers and their "vulnerable family members..

We need to know Freaky fast! By 10 tomorrow, if possible. We have checked with HR at Jimmy John's and with BCBS of TN support services. They have no idea. I do not want to call a doctor's office about legal/work/financial issues, when they might be busy preparing and dealing with already actually sick people with symptoms....

jwrevagent

Unfortunately, I do not think there is any mechanism in place to get help to those, like your son, who actually need it, and certainly not in time to stave off disaster for them. As far as I know, they are still bickering about how this will work, what form it will take and that kind of thing. Never, ever depend upon government to get help to anyone quickly, efficiently, on time, or in amounts that actually help-unless, of course, you are one of the insiders to the elite and ruling class. That is the way it is. The thing is, that local control over help is a thing of the past, but it makes sense. Who better to know who actually needs help, what form and how much than locals? During the depression era, welfare was doled out by the local towns and counties who had some one in charge of such things. Money was not given, but food, clothing, vouchers for services and utilities were. That allows for much less fraud-there will always be some fraud, I suppose-but the local people knew who was the person in charge, and the person in charge was a local, and some one you could personally confront or question about irregularities. My grandfather was the county board person for his county and had the responsibility for that in an area of the county he lived in. Thus he knew most of the residents of the country and what their situation was. The further from local control, the more centralized the government, the less accountability and the more waste in the program. And that is how the swamp began....and grew...and grew, and continues to grow, both in DC and in each state and municipality. And the beat goes on...

lindajoy Loc: right here with you....

I know very little as nothing has officially come out yet but here's something very discouraging relative to who gets it and who does not~~ The bill past Senate Saturday morning and this is just a commentary on how the measure was good but falls short of reality..

There is paid sick leave for workers — but millions aren’t covered.
The measure gives some workers two weeks of paid sick leave and up to three months of paid family and medical leave, equal to no less than two-thirds of their pay. The provision is aimed at encouraging people to follow the advice of public health officials who have said the best way to contain the spread of the v***s is to have anyone experiencing symptoms stay at home.

But those benefits only apply to employees of businesses with fewer than 500 employees, or the government, who are infected by the v***s, quarantined, have a sick family member or are affected by school closings. Large employers are excluded, and the Labor Department will have the option of exempting workers at any company with fewer than 50 employees, if it determines that providing paid leave “would jeopardize the viability of the business as a going concern.”

Those exemptions could potentially exclude nearly 20 million workers. About 59 million Americans work for companies with 500 or more employees, according to the Bureau of Labor Statistics, and about 6.5 million of them do not have any paid sick days. Another 12 million work for companies with fewer than 50 employees and do not have paid sick days. (Some large companies have announced since the outbreak began that they will provide paid leave for workers who get the v***s. Walmart said it would give up to two weeks of pay; Target said it would give 14 days.)

The bill also limits benefits to workers who are sick, subject to a quarantine or caring for a family member; it stops short of what some public health experts have called for — effectively paying any worker to stay home, in order to reduce the spread of the v***s.

It also excludes “certain health care providers and emergency responders” from the benefit.

Companies covered by the policy will not foot the bill for paid leave. The government is providing new tax credits to both help offset the costs of accommodating the new mandate and the economic impact of the outbreak.

https://www.google.com/amp/s/www.nytimes.com/2020/03/14/us/politics/congress-c****av***s-bill.amp.html

Navigator

Rather than pin our hopes on the government to solve all our problems I would hope reasonableness will prevail across the US. For example, I would expect banks and credit card companies would allow people to defer their payments for a few months without re-possessing or charging late fees just as my local library will not charge late fees for the next month. Unfortunately some of us will just have to suck it up for a bit, especially if you work for a small business. Imagine running a yoga place, a restaurant or small movie theater that is ordered to close or just has no business, how are they going to give "paid sick leave" to their employees when they have no income? If everyone is reasonable, compassionate and refrains from sticking their hand out we'll get through this.

jwrevagent

I cannot recall the last time "reasonableness" prevailed in this country. We sue the manufacturer of a lawn mower because we used it to trim a hedge and dropped it on our foot and severed a toe or two-and we won! We sue McDonald's because we do not realize their coffee, when spilled, is likely to burn-and we are still allowed to drive-this was in a drive thru lane! We elect the same people over and over again and expect them to finally work for us, when they have shown in the last 4 terms that they do not work, certainly do not work for us, and have not even a twinge of conscience about that-but somehow we think this time it will be different. We complain about the salaries of sports figures and the cost of games, yet we continue to mortgage our homes to buy the season tickets, watch the games on TV, line up for autographs and pay exorbitant prices for the clothing and gee gaws of the players, as they laugh all the way to the bank. We complain about the level and immorality of the entertainment available, yet we do not make use of the "off" button on TV, as though we have no idea where it is, we click on "News" sites on computers, though we have some kind of inkling they are not telling the whole story, or at least, are spinning it to fir their narrative, yet we continue to watch and listen. I suspect we can barely see "reasonable" in the rear view mirror anymore. Wish it were not so.