Tag: bankruptcy

Researchers: Miami COVID-19 infections could be 20x higher than estimated

11:44 am

Researchers at the University of Miami now estimate that the number of COVID-19 infections in Miami-Dade County could be twenty times higher than presently estimated, thus driving down the disease’s fatality rate to no different than the flu.

Scientists from the Sylvester Comprehensive Cancer Center at the university’s Miller School of Medicine revealed in a virtual meeting on Friday that a county-wide COVID-19 survey, which followed 1,400 participants over a two-week period, indicated that at least 4.4 percent, and as much as 7.9 percent of the county, could have already contracted the coronavirus.

That is a substantially larger number than the official data set logged by the state of Florida, which on Saturday afternoon had recorded just over 11,000 infections in Miami-Dade County, far and away the most out of any county in the state. Miami-Dade is the most populous county in Florida, with over 2.6 million residents.

The new numbers would also significantly drive down the county’s COVID-19 fatality rate, which with 295 deaths officially stands at around two percent. At the upper bound of the researchers’ new estimates, the death rate would fall to around 0.1 percent, roughly in line with that of the seasonal flu. [emphasis mine]

In other words, what was clearly obvious more than a month ago, the entire Wuhan flu panic was entirely unnecessary. And even if coronavirus returns next year, it still appears it will be comparable to the flu in its impact.

We have never bankrupted our society and nullified the Bill of Rights for past flu seasons, some of which were far worse than this year’s COVID-19 season. But then, we have never had such a bankrupt, idiotic, and brainless intellectual and political class as we do now. The left is driven by hate, hate of whites, hate of America, hate of Trump, while the right is driven by fear, fear of minorities, fear of the press, fear of themselves. None of them have the courage to be intellectually honest, to follow the facts where they go, and to determine their actions based on reality, not emotion, fear, hate, and passion.

Thus, welcome to the Great Wuhan Depression, brought to you by our elected leaders. I hope you have some financial cushion to weather the storm. And whether you do or not, is it not time to fire them all?

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Of almost 3,300 prisoners infected with COVID-19, 96% have no symptoms

10:05 am

Almost 3,300 prisoners in four state U.S. prison have tested positive for the Wuhan flu, with 96% exhibiting no symptoms at all.

When the first cases of the new coronavirus surfaced in Ohio’s prisons, the director in charge felt like she was fighting a ghost. “We weren’t always able to pinpoint where all the cases were coming from,” said Annette Chambers-Smith, director of the Ohio Department of Rehabilitation and Correction. As the virus spread, they began mass testing.

They started with the Marion Correctional Institution, which houses 2,500 prisoners in north central Ohio, many of them older with pre-existing health conditions. After testing 2,300 inmates for the coronavirus, they were shocked. Of the 2,028 who tested positive, close to 95% had no symptoms. “It was very surprising,” said Chambers-Smith, who oversees the state’s 28 correctional facilities.

As mass coronavirus testing expands in prisons, large numbers of inmates are showing no symptoms. In four state prison systems — Arkansas, North Carolina, Ohio and Virginia — 96% of 3,277 inmates who tested positive for the coronavirus were asymptomatic, according to interviews with officials and records reviewed by Reuters. That’s out of 4,693 tests that included results on symptoms.

Being a Reuters story, the goal is to spin this result as a terrifying disaster: “We can’t contain it! The disease is everywhere!”

In truth, this result is once again remarkably encouraging. It once again shows that the Wuhan flu is simply no threat to a very large percentage of the population, and that if enough of that population would stop social distancing and allow the infection to spread, they would end up killing it because it would soon have no place to go.

It also lends weight to the hypothesis that death rate from coronavirus is really not much different than the flu. There are almost certainly a vast number of people out there infected with the Wuhan virus who have showed no symptoms, meaning that our present estimates of the death rate are much too high.

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The Justice and FBI players under suspicion for FISA illegalities

11:10 pm

Today there were a bunch of stories claiming that newly revealed evidence, previously buried by the FBI, proves the innocence of former National Security Adviser Michael Flynn and was illegally withheld from his lawyers. In addition, another bunch of recent stories have also hinted that indictments might be coming in the FBI/Justice scandal involving the illegal misuse of FISA warrants to spy on Donald Trump as well as attempt to overthrow his presidency.

The problem with all these stories is that they are based on anonymous sources, and the evidence in question remains under seal so we can’t see it.

I normally do not pay much attention to stories based on anonymous sources or rumors. Nonetheless, if indictments are coming it is also worthwhile for responsible citizens to get a handle on the players involved, including understanding why some people get indicted, when it happens. Since the entire scandal here involves almost the entire top management at both the Justice Department and the FBI during the Obama administration as well as during the first three years of the Trump administration, there are a lot of players.

Thus, I strongly advice my readers to spend some time and read this article at The Conservative Treehouse on the subject of the Mike Flynn case.

It outlines in great and very clear detail who the players have been who worked to abuse the power at the FBI and the Department of Justice, explaining their actions and positions during the entire scandal. Familiar names like John Brennan, Andrew McCabe, Peter Strzok, Lisa Page, James Comey, and Christopher Wray all come up. It adds however some less well known players — Dana Boente, David Bowditch, Scott Schools, David Archey — and gives us their part in the scandal, showing that they were apparently as culpable. The focus is mostly on the part that Boente played, but as the article notes in its conclusion:

There are no “good guys” in this. There are no “white hats” here. Certainly not Mueller, Rosenstein, Wray, Bowditch or Boente. Instead, this is a matrix of broad interests positioned only to benefit and sustain the status quo of the administrative state; and protect the larger community from the Trump disruption.

Even if all these individuals are not indicted, there is absolutely no justification for Trump to allow them to remain at their jobs. They should be shown the door now. You don’t need indictments to fire someone who is corrupt, and misuses his or her position.

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Another 4.4 million are out of work this week

10:08 pm

Are you enraged yet? Another 4.4 million applied for unemployment benefits this week, bringing the total of new unemployed since the Wuhan flu panic began in March to about 26 million, and raising the unemployment rate to about 16%.

Meanwhile, evidence continues to mount that the Wuhan flu is probably no more dangerous that the flu, thus making this entire government-imposed shutdown and resulting Great Wuhan Depression entirely uncalled for.

Worse, that any governor in any state is still refusing to end their lock downs at this point tells us that they goal was never to fight the epidemic, but to acquire unjustified power to rule us like dictators. If the voters don’t fire these people wholesale come November than the voters deserve the hell they are about to get.

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Two NY studies suggest Wuhan flu death rate comparable to the flu

10:02 pm

Are you enraged yet? A just released New York study now suggests that there are large numbers infected with the Wuhan flu with no symptoms, about 13.9% of the population, indicating that the overall death rate is probably quite close to the flu.

The article does not state that conclusion, being CNBC and therefore unwilling to come to any conclusion that might suggest things are not terrible. However, see this analysis of a different New York study, with comparable numbers:

Thinking about that study showing that 13.7% of pregnant women presenting for delivery at NYC hospitals in March-early April tested positive for COVID-19 AT THE TIME of admission. Unless one thinks pregnant women are more likely to have been exposed to the virus than other people in the population, surely must mean that ~15% of NYC has been exposed. (Recall also that the NYC study was only of active infections not of antibodies.) If so, then 10,000 deaths out of 15% of NYC (1.2 million) points to an infection fatality rate around .008, very much in the ballpark of seasonal flu. [emphasis mine]

The first reliable numbers from South Korea and the Diamond Princess had shown death rates of about 0.9% and 1.2% respectively. While about ten times higher than the flu’s death rate of about 0.1%, it was also very clear then that these death rates were grossly high because of very large underestimates of the total number of people infected.

Now we are getting better numbers on the total infection rate — including large numbers of healthy individuals who get the disease and never show symptoms — and the evidence is strongly telling us that the Wuhan flu is not that dangerous, killing mostly older and sick individuals, and doing it at the same rate as the flu.

For this we allowed the press and our power-hungry political class to nullify the Bill of Rights and bankrupt the nation? A lot of heads should roll. And soon.

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The real devastation from COVID-19: A destroyed economy imposed by government panic

2:01 pm

While many state governors across the United States dawdle and hesitate about lifting their panic-induced lock downs on their states out of fear it might cause a few more Wuhan virus deaths, the real devastation from their panic is propagating uncontrolled across the landscape, and will in the end kill far far more people.

Their actions have caused the entire economy to collapse, destroyed entire industrial sectors, prevented untold numbers from getting the proper healthcare when needed, and put millions of people out of work. In the end, this government-imposed depression will do far more harm that the Wuhan flu ever could, and do it for a much longer time spell.

Don’t believe me? Well let me count the ways, citing the numerous stories I have posted here on Behind the Black in only the past week.
» Read more

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8 million restaurant workers unemployed due to government-imposed shutdowns

9:41 pm

The beatings will continue until morale improves: Eight million restaurant workers out of work due to due to Wuhan panic and government-imposed shut downs.

In addition, the restaurant industry is predicting $240 billion (with a “b”) in losses by the end of the year. Moreover,

…roughly 3% of the restaurants in the US — or 30,000 restaurants — have already shuttered. In the early April survey, an additional 5% of operators said they anticipated closing in the next 30 days, meaning that more than 50,000 restaurants could shut down permanently.

In early April, UBS said that up to one in five restaurants in the US could close due to the coronavirus pandemic. Experts say that independent restaurants are particularly at risk, with many small businesses struggling to access PPP loans.

In my own neighborhood, I have already seen one restaurant go out of business, and another apparently destroyed just as it was about to open. Through the winter a new Indian restaurant was being built nearby, with signs saying it would soon open. Unfortunately the house arrest imposed by our fearless leader Governor Doug Ducey prevented them from opening as planned. Though the restaurant had signs up offering take-out this week, when Diane tried to pick up a menu so we could give them some business. the place was shut. I suspect they are out of business, a dream destroyed before it could even be born.

But hey, we can’t risk having anyone die from COVID-19, no matter how many other lives we destroy.

Are you enraged yet?

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Clean energy industry faces loss of a half million jobs

9:23 pm

The beatings will continue until morale improves: The clean energy sector faces the loss of a half million jobs due to Wuhan panic and government-imposed shut downs.

The coronavirus crisis is cutting a savage swath through the U.S. clean energy industry – some 106,000 jobs in the sector vanished in the month of March alone as demand evaporated amid nationwide stay-at-home orders Moreover, that one-month job loss was greater than what the industry gained in jobs in all of 2019.

By June of this year, the clean energy sector may lose up to 500,000 jobs – or 15% of the country’s entire clean energy workforce — according to a study by clean energy advocacy group E2 (Environmental Entrepreneurs), in cooperation with the American Council on Renewable Energy, E4TheFuture and BW Research Partnership.

Let me repeat: More jobs vanished in just March than were created in all of last year.

If the states don’t start reopening soon, this will just be the beginning.

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Cancer and heart patients dying because of government-imposed shut downs

9:03 pm

The beatings will continue until morale improves: Because state governments nationwide have forbid the entire healthcare system from treating anyone for anything that might in a rare instant be considered “non-essential”, cancer and heart patients are dying from lack of treatment.

Two stories from the article:

Although canceling procedures such as elective hernia repairs and knee replacements is relatively straightforward, for many interventions the line between urgent and nonurgent can be drawn only in retrospect. As Brian Kolski, director of the structural heart disease program at St. Joseph Hospital in Orange County, California, told me, “A lot of procedures deemed ‘elective’ are not necessarily elective.” Two patients in his practice whose transthoracic aortic valvular replacements were postponed, for example, died while waiting. “These patients can’t wait 2 months,” Kolski said. “Some of them can’t wait 2 weeks.” Rather than a broad moratorium on elective procedures, Kolski believes we need a more granular approach. “What has been the actual toll on some of these patients?” he asked.

Mr. R., a 75-year-old man with advanced heart failure, is another of Kolski’s patients for whom the toll has been great. Because he had progressive volume overload and delirium, Kolski referred him to a hospital for an LVAD workup in early March. Then, as his wife, Ms. R., told me, “the world went wonky, and everything went down the toilet.” Having begun admitting patients with coronavirus, the hospital told the couple it was kicking everyone else out. “They are telling me my husband has 6 to 12 months to live without this procedure,” Ms. R. said, “and now they are canceling it on us.” They were then quarantined at home — 2 hours away from the hospital — with no plan in place. Mr. R.’s health quickly deteriorated again, but his wife had been advised to keep him out of the hospital. When they finally had a video visit on April 9, he’d become so ill that the heart failure physician didn’t recognize him. Mr. R. was promptly admitted, and the LVAD was placed. Though Ms. R. is relieved, ongoing challenges include her husband’s persistent delirium, a visitor policy that allows her to be at the bedside only intermittently, and the need for nearby lodging that they can’t afford.

There are others. Read it all. I will also bet these doctors then wrote a fraudulent death certificate, claiming the heart patients died of the Wuhan flu.

This reminds me of my experience with my lung specialist. Unlike these people, I would not take no for an answer. How dare these doctors allow a heart patient to die because of a government edict?!

But we can’t let COVID-19 kill anyone, even if it means more people die from other causes!

This is madness, at a very high level.

And are you enraged yet? Or will you sit with folded hands while these tyrants smash their boots into your face?

13 comments

100K airline jobs facing elimination due to Wuhan panic shut downs

3:44 pm

The beatings will continue until morale improves: Because of the panic over the Wuhan flu, the airlines are contemplating eliminating more than hundred thousand jobs as well as shrinking their fleets.

Unable to cut jobs or salaries while receiving grants to cover payroll, airlines will staff their typical summer peak largely as usual, even with millions of fewer travelers. But come fall, it could get ugly for employees. “We’re going to be smaller coming out of this,” Delta Chief Financial Officer Paul Jacobson told employees last month. “Certainly quite a bit smaller than when we went into it.”

The reversal of fortune comes as a shock for an industry that just last year was breaking passenger traffic records. Last week, the average number of U.S. daily passengers declined 96%, to 95,531, compared with 2.39 million last year, according to Transportation Security Administration data compiled by Bloomberg. United shares fell Monday after it gave a snapshot of the industry bloodbath triggered by the pandemic, projecting a $2.1 billion loss in the first quarter. Delta, American and Southwest Airlines Co. will release their earnings in the coming days.

Such anemic demand means that anything less than a robust rebound over the coming months will prompt airlines to cut more employees, jettison older aircraft and cut more salaries, which in turn could persuade more workers to depart. During the past two months, at least 87,000 employees—more than one quarter of the Big Three airlines’ workforce—have taken voluntary leaves, early retirement or reduced work hours.

Carriers face “the worst cash crisis in the history of flight,” with booked revenues down 103% year over year, according to industry lobby Airlines for America. Domestic flights are averaging just 10 passengers while international flights average 24, the group said. “We could see the airlines look to shed 800 to 1,000 aircraft, which could result in a reduction of 95,000 to 105,000 airline jobs.”

In this case, the government shut downs only have had an indirect effect. By panicking and overstating the threat from COVID-19, the authorities and the press have made people terrified of flying. Even if the shutdowns end, the airlines will not recover until the public decides it is safe to fly again.

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Rural hospitals in eastern Washington state face bankruptcy

3:14 pm

The beatings will continue until morale improves: Because the state government’s panicked reaction to the Wuhan virus resulting in a banning of almost all procedures, rural hospitals in eastern Washington state now face financial collapse, bankruptcy, and possible closure.

With the state’s support, federal aid and advanced Medicare loans, the critical access hospital will be able to stay afloat – for now. But the financial impact of COVID-19 on Washington state’s rural hospitals cannot be understated. “This is unprecedented. There’s no way you could be financially prepared for this,” Jacqueline Barton True, vice president of rural health programs at the Washington State Hospital Association, said. “This sort of financial devastation is not something that we could have prepared for, and I have a lot of concerns about what happens if help doesn’t come soon enough.”

Some rural hospitals have received their first installment of funds from the federal CARES Act. Those payments are about $400,000 to $600,000 on average for smaller hospitals, according to WSHA.

Despite having a robust way for most rural hospitals to access community taxpayer support through the public hospital district model, rural hospitals in Eastern Washington are losing money on a daily basis as they balance pandemic preparations with canceled elective surgeries, primary care or patient therapy.

The article is long, outlining in frightening detail the impending collapse of the entire rural hospital network. The bottom line however remains the same: The state government arbitrarily decided that most medical procedures were “non-essential” and banned them so that the hospital would not be overwhelmed by Wuhan flu patients.

Those patients have never arrived in the feared numbers however. Instead we are looking at a normal flu season, when you combine coronavirus with flu cases. Lacking the revenue stream from all other cases, the hospitals are losing money and face bankruptcy.

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