Wuhan Coronavirus: Megathread - Got too big

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Jim's friend just noticed that Capital One is apparently confiscating TrumpBux checks for their customers, presumably to make sure they pay their credit card bills first.

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Imagine being told by your bank that your emergency stimulus check will be delayed by several months because they need to check to see if they can justify stealing it to pay a credit card bill.

As some in the replies have pointed out, the bank is likely putting it in mutual funds or something else to make money off it for a while first. Apparently the daily rates are bad so the banks are feeling the pinch.

Can't wait to see if we get a bank run and a great depression 2.0 out of this.
 
Jim's friend just noticed that Capital One is apparently confiscating TrumpBux checks for their customers, presumably to make sure they pay their credit card bills first.

View attachment 1232563


View attachment 1232564

Imagine being told by your bank that your emergency stimulus check will be delayed by several months because they need to check to see if they can justify stealing it to pay a credit card bill.

As some in the replies have pointed out, the bank is likely putting it in mutual funds or something else to make money off it for a while first. Apparently the daily rates are bad so the banks are feeling the pinch.

Can't wait to see if we get a bank run and a great depression 2.0 out of this.
Well shit. This could be answering a question I've had for the past couple of days. I wonder if military banks are doing this to customers who have debt even if they're current on their payments.

Here's a picture I found on Twitter. This is an hour before it's supposed to kick off.
What in the many names of the Commie Coof is this meant to accomplish aside from causing more problems? Protest stay-at-home orders by preventing travel for anyone, including medical workers. That logic really checks out.
 
Jim's friend just noticed that Capital One is apparently confiscating TrumpBux checks for their customers, presumably to make sure they pay their credit card bills first.

View attachment 1232563


View attachment 1232564

Imagine being told by your bank that your emergency stimulus check will be delayed by several months because they need to check to see if they can justify stealing it to pay a credit card bill.

As some in the replies have pointed out, the bank is likely putting it in mutual funds or something else to make money off it for a while first. Apparently the daily rates are bad so the banks are feeling the pinch.

Can't wait to see if we get a bank run and a great depression 2.0 out of this.

Ever since they tried their credit card student ID bullshit at my college some years back, I've stayed clear of CapitolOne. Nice to get confirmation they're scumbags.

I got my trumpbux from my credit union today. Feels great. But if big banks try to start shit like this people are going to start panicking and pull out harder than if they'd let things be.
 
Jim's friend just noticed that Capital One is apparently confiscating TrumpBux checks for their customers, presumably to make sure they pay their credit card bills first.

View attachment 1232563

Imagine being told by your bank that your emergency stimulus check will be delayed by several months because they need to check to see if they can justify stealing it to pay a credit card bill.
You would have to imagine that as it didn't happen.
You see that period then a space and a capital letter?
That means one thought is complete and another one has started.
 
I do want that. A voucher system would give parents the choice of state schools to send their kids to, and a choice of paid schools. Right now in the UK, most people don't have a choice of which school they send their kids to unless they can afford to pay for a 'public school', which is the UK's term for a school with usually pretty steep fees. If you're in a rich area, the local school is good. If you're rich and your local school isn't good you can afford to send your kids to a paid school. If you're in a poor area the local school will be terrible and you have no alternative. A voucher system makes all schools compete and gives choice to everyone, not just the rich. I don't really know enough about the Spanish system to comment but Sweden has a voucher system and it seems like it works well. No offense, but it seems like you're mixing up a voucher system with a completely privatized education system, picking the worst example of a privatized system you can find and saying 'vouchers will inevitably lead to this'. Also, we're way off-topic here.

Presser on the effect of Coronavirus on the economy


Local upload as mp3 because even the 240p version breaches the 100MB limit.

OBR report
https://archive.vn/ciAKx

Spectator article
https://archive.li/TFalG



There's an interesting discussion between Brendan O'Neill and Kate Andrews here that notes, ominously, that the government response to this assumes that you can shut down the economy and then restart it with government stimulus. However, that might not actually work. People might not go back to doing the things they were doing before the crisis afterwards no matter how much fake money the government pumps into the system


Audio only because it's a podcast.

I went to a fee-paying school in britfagland. IIRC, I am slightly older than you, so I remember Michael Forsyth’s blethering about school vouchers as a thing that happened when it might actually have been of relevance in my early school years.

I can, as a former pupil, former member the board of governors of my old school, and imminently a parent at another one, tell you what would happen the very moment those vouchers (presumably, as under the Forsyth plan, for the equivalent cost of state education for a year) are introduced.

The fee paying schools will simply put the fees up by the amount of the voucher, and carry merrily on. That was what they say they would do back then, and it is absolutely what they will do now with the full support of the parents.

I am of the left, and I should be ideologically opposed to it, but I’m sitting with a two grand bill for uniform and equipment in my in tray, and I don’t have a problem with that. I am grateful that I am more able to pay it than my own parents were, because I had the single scholarship that was granted in each school intake year, and it wasn’t full ride, at that. The competitive examination was my friend when my father was broke. Now I am not broke and my children get of right what I had to hustle for.

The reason the parents will fall in line is totally simple: we buy our children two advantages via fee paying schooling. The first is academic hot housing to the limit of their academic abilities. That could absolutely be done in a school with pure meritocratic entry.

The other reason is that we do not want our children to associate with poor kids no matter how smart they are. This is total dickery that we do not admit upfront, but this is the Farms. I do not want my kids running about with, or marrying into, families of “poor grafters on the up”. There are many reasons for this, but my primary one is pure economics: the families of poor smart kids, even those expensively educated, lack social capital and most crucially, a safety net if their smart but poor kids have trouble at university or struggle afterwards.

The middle class in this country (I mean the actual traditional British middle class, the summer home owners, not the “new build on Brookside” estate dwelling lower middle/upper working class) are pulling the fucking ladder up behind them as fast as fucking possible. The medical journals come out now with flyers in them marketing “prep weekends” for medical school entry and selection directly to the children of people who are already doctors. Work experience in law firms is restricted to the kids of other lawyers; they swap them about so it’s not too obvious, but outside of government legal service or very large in house places, young lawyers in training here are all kids of a partner at another well-kent firm.

The professions, the traditional entry to the middle class for those not of means, are clamping shut the doors to protect their investment in their own children. I will do the exact same thing, because whilst pure meritocracy may be better for society as a whole, I didn’t give birth to and raise society as a whole. Society as a whole can go fuck itself as long as my babies live the good life. Other people’s children don’t matter a fuck to me if they are competing with my children for resources and opportunities, and they are. This is the parental imperative, and for as long as parents can buy advantage for their children, they will.

We want our children to associate with other kids who have been raised to understand that not going to university, or going to a redbrick or some kind of technical college, is simply not an option. It does not matter about the quality of STEM work or how highly IT professionals from these places are paid, because we don’t want fucking autists who drive a Toyota Prius for our adult children either. We could send them to poor school to be a “100k a year plumber” but we don’t want working class children. What we want is for our children to know people in life who will be influential. Those early networks may be invisible, but outside of autist country like programming, they are of vast importance. When I autistically post that I “heard X from someone“, I heard it from these networks. It was expected of my peers and youthful companions that we would inherit the world. It was drummed into us that we were born for greater things (ad majora natus sum, indeed) and that was our life expectation. We understood that school and (most) parents expected Oxbridge but Russell Group was their limit. It was expected that we would marry within our own circles.

So, when we came up with foolish ideas about start ups and being novelists and professional musicians in our mid twenties life crises, these were families with room and ample resources to take us back in for a year or two whilst we attempted the sort of project that needs a soft parental nest to launch from. And if we failed at it? Oh, well, time to return to the careers we were expensively educated for. Nothing lost. No bankruptcies, no repossessions. That is the economic advantage I refer to: the ability to fail painlessly.

This is not America, where the self made man is admired. This is the UK, where the popular image of the self made man is Del Boy Trotter and we elect prime minister after prime minister who has been publicly educated into Oxbridge. We want the reassuring veneer of the ruling class, the hint of noblesse oblige. Those who can buy it, will. And they want those who can’t locked out of that advantage as much as possible, because no parent will expose their children’s future opportunities to market forces.
 
Appears to be settling.

Yeah, it does

https://archive.vn/wip/DIU8q

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Doesn't have today's figures on the graph yet but you can see them in context below

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Given a bit of noise and the government occasionally increasing testing like they did on the 10th, it looks like plateau at the top of a normal distribution. The US looks further along actually - it has passed the plateau at the top of the curve and is going down the other side.

https://archive.vn/wip/89fgR

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I'm surprised no one has tried to fit a normal curve to the daily cases for each country and tried to use that as a forecasting tool, but I can't find a site doing it.
 
So turns out Brits are sensible sorts who're following government advice far more than their counterparts on the continent, according to a Financial Times and reported via Guido.

Oh and it seems the lolcow worthy nature of various police forces is because they're just not issuing any fines and are clearly getting bored ignoring all the burglaries and other non-social media related "crime" they used to deal with.

#Across all of England specifically, just 3,203 fines have been issued to the 56 million brits who live here. Spain saw a staggering 650,000 fines issued issued to their 47 million population.
 
Seems pretty dismissive of anyone who's worried more for the people in their lives than the economy to me. Besides, it wasn't an exact quote.

Since we're playing this game though, could you point out where I disagreed with the idea that we can't shut down the entirety of society over this? Or did you literally not read a word of the post you quoted other than "fuck your loved ones"?
You want to play games? OK. My original comment was in response to this post, where the poster said they would push for 12+ month quarantine waiting for a vaccine:
I'm absolutely not advocating stopping lockdown measures, if I was in charge I'd push for it until a vaccine is ready. I'm not sure if that's realistic though.
My response was that, fuck no, that isnt realistic at all. Then you responded with this shit:
You do realize that I don't have to disagree with you to think that the way @DNA_JACKED was stating their point was fucking ghoulish, right? There's better ways of saying "hey, there's no putting this genie back in the bottle so we might as well move on with our collective lives" than basically saying "fuck you and your loved ones, nobody gives a shit, society is more important".
I did NOT say "fuck you and your loved ones, nobody gives a shit, society is more important" You took part of my comment out of context like a smooth-brained autistic copy of Drain Todger. IF you had bothered to read my previous comments and arguments, you'd see I am in favor of a plan that would quarantine the most vulnerable and allow the rest of society to get back to work, a plan that would allow for the development of herd immunity while protecting the vulnerable AND preventing economic collapse, because some will die during a pandemic, and we are reaching the point of diminishing returns from quarantine where the economic damage will begin to outpace corona deaths by may. But you'd rather shoot at the hip to achieve some smug victory points. There is nothing wrong with caring for your loved ones, but the ones most likely to die of corona would ALSO stand a good chance of dying from the flu, and virtue-fuckers like you were not implementing social distancing every flu season, quarantining yourself, and shutting the economy down whenever cases flared up, to protect gramma, yet now corona is here anyone who advocated for gradually returning to normal life is "ghoulish".

So kindly suck my fucking dick you exceptional sperg.
 
Remember how people were saying they wouldn't install the app that will let Google officially spy on you for the Coof?


As I mentioned, you won't be asked if you want it installed. The second you connect to Google's App store (which you can't uninstall and I don't think you can disable) you'll get it installed automatically. This is a stopgap until they build it into the next OS revision, permanently.

The only good thing is, supposedly this is all voluntary and just tracks what Android/iOS phones you were near. It abuses Bluetooth to track anonymously every phone you come within contact of.


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And if you believe they'll wait for your permission to share your information, I have a bridge to sell you.
 
So turns out Brits are sensible sorts who're following government advice far more than their counterparts on the continent, according to a Financial Times and reported via Guido.

Oh and it seems the lolcow worthy nature of various police forces is because they're just not issuing any fines and are clearly getting bored ignoring all the burglaries and other non-social media related "crime" they used to deal with.

#Across all of England specifically, just 3,203 fines have been issued to the 56 million brits who live here. Spain saw a staggering 650,000 fines issued issued to their 47 million population.

FAKE NEWS. That's 650,000 CALLS TO THE POLICE. Take into account most infringements have multiple calls because, well, we also got our busybodies over here. And also that most of the calls were later proved to be due to misunderstandings like the autism thing (autists under 6 can come out with a handler) and you can quash the actual number of fines in more than half. Infact if I remember correctly there were less than 150k in that very press conference. Still a lot more than the brits. But that's also cause our regulations were a lot stricter than the brits.
 
And if you believe they'll wait for your permission to share your information, I have a bridge to sell you.

If the governments make it against the law to breach quarantine then the police could just send a subpoena to Apple or Google to get the data of suspected quarantine breakers. And while they're at it they can ask for your location data which allows them to work out if you were speeding too. Mind you ever since Google Maps started showing both your speed and the speed limit, I've been extra careful not to do that.
 
FAKE NEWS. That's 650,000 CALLS TO THE POLICE. Take into account most infringements have multiple calls because, well, we also got our busybodies over here. And also that most of the calls were later proved to be due to misunderstandings like the autism thing (autists under 6 can come out with a handler) and you can quash the actual number of fines in more than half. Infact if I remember correctly there were less than 150k in that very press conference. Still a lot more than the brits. But that's also cause our regulations were a lot stricter than the brits.

Still one hell of a difference either way.
 
Well shit. This could be answering a question I've had for the past couple of days. I wonder if military banks are doing this to customers who have debt even if they're current on their payments.

Doubt it. As people have mentioned the IRS could have coded these deposits in such a way, similar to SSI payments, that they are not allowed to be seized.

So either the IRS fucked up and didn't code these properly, weren't allowed to code them like that, or they intentionally didn't just to let the banks have enough rope to hang themselves.

We'll see if Trump makes an issue of this. If he does, well, he'd make an issue either way, but I could see that crafty bastard intentionally leaving a loophole open to see if the greedy fucking banks are stupid enough to do so, all so he can swoop in and be the hero of the day by forcing CapitalOne et all to stop being exceptional.
 
Remember how people were saying they wouldn't install the app that will let Google officially spy on you for the Coof?


As I mentioned, you won't be asked if you want it installed. The second you connect to Google's App store (which you can't uninstall and I don't think you can disable) you'll get it installed automatically. This is a stopgap until they build it into the next OS revision, permanently.

The only good thing is, supposedly this is all voluntary and just tracks what Android/iOS phones you were near. It abuses Bluetooth to track anonymously every phone you come within contact of.


View attachment 1232636

And if you believe they'll wait for your permission to share your information, I have a bridge to sell you.

The Google Play Store can be disabled, at least on my Android phone. I have no idea who just keeps Bluetooth on, though.
Looks like I'm just going to rely on F-Droid until this all blows over.

edit: Looks like I'm going to have to go on /g/ or something to try rooting my phone, RIP.
 
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Remember how people were saying they wouldn't install the app that will let Google officially spy on you for the Coof?


As I mentioned, you won't be asked if you want it installed. The second you connect to Google's App store (which you can't uninstall and I don't think you can disable) you'll get it installed automatically. This is a stopgap until they build it into the next OS revision, permanently.

The only good thing is, supposedly this is all voluntary and just tracks what Android/iOS phones you were near. It abuses Bluetooth to track anonymously every phone you come within contact of.


View attachment 1232636

And if you believe they'll wait for your permission to share your information, I have a bridge to sell you.
Didn't other countries already do that with pure anonymous information? No names or personal info, just pointers of locations people have been in so others can avoid getting Bat soup AIDs. What's more baffling is that Google/Apple are acting like people don't already know this; boomers are already flaming Bill Gate's instagram and twitter for being greedy cunts.
comic for dummies like me explaining the better alternative
 
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Didn't other countries already do that with pure anonymous information? No names or personal info, just pointers of locations people have been in so others can avoid getting Bat soup AIDs. What's more baffling is that Google/Apple are acting like people don't already know this; boomers are already flaming Bill Gate's instagram and twitter for being greedy cunts.

A spanish company made such an app but it was never implemented guvernmentally and at this point I doubt it will. Indeed it was (supposedly) wholly anonymous. Only dots on s map. Its fucking easy to censor all data other than location too, I only know how to code on C basic and even I know how to get a program to only look at 1 point of data and erase the rest.
 
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