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Finance, coronavirus, the economy, etc (Read 14704 times)

Oldmanmatt

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andy popp

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Without comment.
Because my irony circuit overloaded:
https://www.reuters.com/article/us-health-coronavirus-ppp-ayn-rand-idUSKBN248026

Ayn Rand received at least $11,000 in social security during the last years of her life. She also received Medicare. But this was ok, apparently, because it was "restitution" of her stolen tax dollars, and not an entitlement.

Oldmanmatt

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Without comment.
Because my irony circuit overloaded:
https://www.reuters.com/article/us-health-coronavirus-ppp-ayn-rand-idUSKBN248026

Ayn Rand received at least $11,000 in social security during the last years of her life. She also received Medicare. But this was ok, apparently, because it was "restitution" of her stolen tax dollars, and not an entitlement.

I am surprised not a jot.

She probably also drove/was driven on public highways, cared for in her dotage by nurses or carers educated in state schools and generally benefitted from a myriad of aspects of social democracy, that she would have called socialist; if her head hadn’t been rammed so far up her own arse.
I really should read Atlas Shrugged though. Do the great and elite, wash their own underwear in their retreat? Or do they take staff with them? If so, did they raise and educate those employees from birth? When they built their business empires, did they also build the roads, educate all their employees, provide all their medical and welfare needs etc etc etc, during that time of wealth generation?
I don’t know. I’ll have to read it...
But I’m not paying for it, so a rip off copy.

Oldmanmatt

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I was going to put something in the YYFY thread, because we’ve been “silly” again here, in the name of having “adventure” and generally not doing what we would normally do.
You see, I would normally be quite careful with money. Had a bit of experience with “rainy days” and all that.
We’re not doing that.
We (Polly and I) have lost all our remaining grandparents over the last six months. Whilst it is possible that my Grandmother had Covid, at 93 and frail, it really could have been anything or, even, nothing. Both of Polly’s grandparents went to strokes and too early to be Covid related.
However, we both received small inheritances as a result.
We bought “kit” with it.
We bought a small RIB yesterday. Big enough for the six of us, small enough to break down and roll up into the van. Good for exploring the coast in fair weather and pootling around on the Dart or the Teign, towing the Kayaks or the SUP and finding little coves for a bbq etc. Coastal dive sites too.

Anyway, we wouldn’t have done this, if it wasn’t for Covid.
I’m sure we’re being way more “grab life by the balls” than we would normally be. Way more willing to spend than save.

Do you think this might be a common reaction?

Is anyone else feeling this way?

dunnyg

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That sounds amazing. Im sure it is a common reaction but i think economy suggests that saving is cureently the more common choice!

Offwidth

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I really should read Atlas Shrugged though. Do the great and elite, wash their own underwear in their retreat? Or do they take staff with them? If so, did they raise and educate those employees from birth? When they built their business empires, did they also build the roads, educate all their employees, provide all their medical and welfare needs etc etc etc, during that time of wealth generation?

I read The Fountainhead on El Cap, partly for the irony! Although I felt its main ideas were complete bollocks, being an overlong Mills and Boon for proto political philosophers of her ilk, it was not without interest and I like to know the enemy. As ever in such works, her villains are real villains (at least despite the pantomime vision of them) but the heros seem to me like monsters as well: as an example one of the two main protagonists rapes the other, but that's OK as theirs will be one of the great true loves. That anyone could see these things as the most inspirational works ever seems laughable until you look at the names who said it was, when it becomes dangerous. I'm sure I will read Atlas Shrugged one day as well.
« Last Edit: July 09, 2020, 09:14:19 am by Offwidth »

petejh

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If rape isn't your thing in literature then don't go near Greek mythology! But Greek mythology could also be said to be some of the most inspirational works ever. Certainly more inspirational than Rand. Zeus seemingly raped his way through half his extended family, along with beastiality and torture.

jwi

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Neither the Scandinavians nor the Mediterraneans never asked of their gods that they would be good or virtuous. The gods where not to be liked but to be feared and mistrusted.

andy popp

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The god of the Old Testament is not such a nice chap either, I believe.

As to Rand, I've long meant to read at least one of the novels, partly on a know thine enemy basis, and partly because I taught her work for several years. But I've never been able to summon up the resolve and fortitude.

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If rape isn't your thing in literature then don't go near Greek mythology! But Greek mythology could also be said to be some of the most inspirational works ever. Certainly more inspirational than Rand. Zeus seemingly raped his way through half his extended family, along with beastiality and torture.

A bit late for that advice as Greek myths were a staple of mine from 13. I took them as a useful parable of bad behaviour, like most religion. People with power will very often abuse that position and any claims of religious motives must be treated with great sceptisism. The total dysfunction of Rand's great love story, starting from rape and moving to a public play of hate but totally dedicated passion in private seems an alien example to sell her philosophy but that's maybe because the philosophy was always going to be alien to me, as sell it does, and more.

Mike Highbury

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The god of the Old Testament is not such a nice chap either, I believe.

Careful now, the Jewish god as vengeful and the Christian god as compassionate is an extraordinarily unsympathetic description of G-d in Judaism. About as popular as Roman law, if you like.

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A report of some economical analysis on the costs of prevention of future pandemics.

https://www.theguardian.com/world/2020/jul/23/preventing-next-pandemic-fraction-cost-covid-19-economic-fallout

 

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