BUY TO FRET

yo!.. tough... innit!

in palookaville..

if things ain't exactly..

lookin up..

than at least we can feel better..

when others are sufferin worse..

Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse

we don't like these people..

because we do like to holiday..

and in our opinion they have pushed costs up..

deprived locals of homes to buy..

Bsoder April 29, 2020 at 7:15 am

I do believe that each citizen has a right to safe and affordable housing.
Turning renting and home ownership into yet another racket..
 simply begs the question what are we doing to ourselves and each other.
 This is yet another something for nothing grift..
where anything goes and nothing matters.
It is morally degraded.
Is there even a notion that some things are sacred.
Making money is not only the sole purpose in life..
(the making of), but not even consistent with a good life.
We have to eat yes, but that is in earning a living.
On one level what is required is simply stopping.
Takes energy to game the system and it takes energy to pretend..
you're doing one thing while you know your doing another.
If you want to own a hotel buy one.


MONOPOLY MONEY


"One has to wonder why so many saw Airbnb as a risk-free trade.
Vacation and corporate travel slowed dramatically during the financial crisis..
and took a while to come back.
The recovery was even slower in what many think of a perma-destinations like Barcelona.^.
  And even more so than Uber..
which depends on drivers not understanding their economics..
(as in the true cost of using their car)..
so too did hosts who procured housing..
for the purpose of listing it on Airbnb..
seem to be naive that they were signing up for the risks in the deal..
high fixed costs with revenues that could evaporate.
And did. "


COMING UP


honey I shrunk the pension..

honey I blew up the apartment..

honey 
how about a quickie?.

 

FOR THE BIRDS

yo!.. only angels have wings... innit!

in palookaville..

the airport has had to close..

they ain't no flights..

an anyway..

it's too crowded..

it's line fo check-in..

line fo security..

line fo boarding desk..

crush onna bus..

line fo steps to board..

crush ta get on..

fight fo stowage ..

wait, wait wait..

fo a slot..

line fo a runway..

wait, wait, wait, fo a drink..

crap food..

drag flight, no movies..

all crowded together with..

crowds of pissed up passengers..

standin an leanin..

 ovva ya, inna isle..

an gobbin on an on an on..

noisy kids games - no head phones..

noisy phones..

noisy ipads..

when ya arrive..

wait fo a steps..

wait, wait, wait..

for crush onna bus..

or..

walk miles plus stairs..

with yo bags..

wait,wait,wait in..

endlessly long lines fo customs..

wait, wait, wait..

fo cases.. 

HOME TO ROOST

virus has grounded the aviation..

the aviation ain't saved..

aviation goin bust..

TIME FOR A MAKE OVER

not a comb over..

this experience stinks..

RE THINK THE UNTHINKABLE

backward facing seats..

you know..

like the cabin crew..

that the unions insist on..

for safety!!!

LOW COST PLUS

efficient airlines..

investing for the future..

instead o buyin up they own stock..

serving up a better flight..

no pissed up passengers..

and a much better experience..

duty free is bollocks..

get rid of it..

or make it pay for a better day's travel..

DON'T FLY CRAP AIRPLANES

you know..

the ones that fly into the ground..

maybe spend some money..

on a new design from scratch..

instead of trying to make pigs fly..

and better, safer seats..

NOT CHEAPER - BETTER

this rant is brought to you from quarantine..

lock down..

an fatigue with..

THE VIRUS GAMES

WAITING FOR THE END OF THE WORLD

yo!.. vaccine ready yet?.. innit!

in palookaville..

two gamblers..

are desperately..

waiting for alpha..

WHAT ARE THEIR NAMES

an on which streets do they live?

bull an bear..

the flowerpot men..

wall street an lombard st..

IT STARTED ON YANCY STREET

“You have a sense of humour..

I am in favor of jokes..

They have political value..

Jokes are a release for the cowardly and the impotent.”

 The Comedians 

In our call of the day..

former Goldman Sachs hedge-fund manager Raoul Pal..

said the dollar was the world’s “biggest problem” 

and that the signal to sell equities was coming soon.

He said the narrative that the Fed printing money..

would causes a dollar collapse was “very wrong.”

The chief executive of Global Macro Investor..

who predicted the 2008 financial crisis..

“You see the biggest problem the world faces is the dollar..

We are in a viscous doom loop..

where slowing growth causes the dollar to rise..

which causes slower growth..

which causes the dollar to rise..

as all borrowers play musical chairs..

to get access to the dollar to service debts..

“Dollar swap lines, QE, jawboning, etc. 

have done nothing to stop this,” 

..he added in a post on Twitter..

He said no printing of money 

— by the Federal Reserve — 

would solve what he described as a “structural” problem..

 “All attempts to create more money..

to solve the dollar standard issue tend to devalue all fiat versus gold..

Gold is rallying on debt deflation probabilities.”

“My guess is that the next debt deflation signal..

will come when bonds begin to price in negative interest rates..

That day is coming soon... 

and that will be the signal to sell equities..

and the insolvency phase will begin.”

FIXING THE WORLD SERIES

 "'Meyer Wolfsheim? No, he's a gambler..

' Gatsby hesitated, then added coolly: 

'He's the man who fixed the World's Series back in 1919'. "

The 1919 World Series..

was between the Chicago White Sox (Black Sox) and the Cincinnati Reds..

The book and what really happened in history are similar..

because the World Series was fixed in 1919 by gamblers!

“The tears of the world are a constant quantity..

For each one who begins to weep somewhere else another stops. 

The same is true of the laugh.”

Samuel Beckett,  

Waiting for Godot
 

  SEEKING ALPHA 

KennethY

Comments315 | + Follow

 

The Fed has rigged the stock market!

How come no one seems to understand this basic concept? 

Every time you pull the slot machine, it is raining taxpayer dollars! 

 The Fed is printing infinity dollars until the stock market goes up. 

No amount of logic, reasoning or common sense..

can possibly stop the Fed's fix in the game.

The Fed wants the market to go up. 

 It will go up. 

They will print as many dollars as it takes until it goes up. 

The Fed cannot lose.

Anyone who doesn't understand this simple concept is just sheep...

Peter Cooper

Contributor

Comments1208 | + Follow
 

Warren Buffett is deafeningly silent. 

 But with his market value indicator now..

at 131% of GDP when 50-70% is 'fair value' 

the Sage of Omaha is wise to sit on his hands. 

The next decade may be his finest...

mostly bullish

PREMIUM

Comments1 | + Follow

 

I do not like this article, 

by July 4th many medical tests will be completed..

and doctors will know how to treat the virus, 

by September we will know we have a vaccine that works. 

 I look ahead and so does the market. 

Any downturn in the market will be short lived..

and will not reach the March 23rd lows.

mrenviro

Comments4 | + Follow

 

...The only thing holding the market up right now..

 is the word of panic-mode central banks that they have no regard..

for future generations Debt obligations..

and they will do anything and everything..

right here right now to “save the world“. 

What would we do without them...? 

Ultimately it’s another lesson in sticking to a long term diversified investment plan..

I guess..

Who the hell knows...

Nine9

Comments2 | + Follow

 

This is directly in line with my views. 

How strange is it that a remarkable bull rally..

could actually make one feel more shaken than the previous drop? 

But the idea that our entire retirement and livelihood..

is based off of a stock market so disconnected..

from economic fundamentals and reality..

is deeply disturbing to some of us..

with 20+ years left until retirement. 

RUNNING ON EMPTY

information is not knowledge..

knowledge is not wisdom..

he was a nice boy..

he used to cut the grass..

JUST ONE MORE IMAGINARY GUITAR SOLO

I wonder what it's like on the outside now..

a water melon in easter hay..

a little green rosetta..

DON'T GET ON THE BUS

don work for yuda..

with leather

 Samuel Beckett,  

Waiting for Godot

 

“The tears of the world are a constant quantity. 

For each one who begins to weep..

somewhere else another stops. 

The same is true of the laugh.” 

BUT YOU KNOW SOMETHING IS HAPPENING HERE 

...These shirts symbolize extreme luxury and wealth..

but it also foreshadows Daisy's change..

from purity to corruption..

.. It also symbolizes the end of the growth of Gatsby's dream.

 

“Gatsby believed in the green light..

the orgiastic future that year by year recedes before us. 

It eluded us then, but that's no matter..

tomorrow we will run faster, 

stretch out our arms farther.. 

And one fine morning..

 So we beat on, 

boats against the current, 

borne back ceaselessly into the past.”

J.D. Salinger,  

The Catcher in the Rye 

“I'm quite illiterate, but I read a lot. ” 

  

“If you had a million years to do it in, 

you couldn't rub out even half the "Fuck you" signs in the world. 

It's impossible.”

THIS IS NOT A DRILL

yo!.. slick gone sick... innit!

in palookaville..

everybody knows..

when you find yourself..

in a hole..

stop drillin..

NOW HEAR THIS

“There is a backlog and a wall of crude..

that the market just can’t look beyond..

as global storage hubs fill up,"..

“Tankers filled with oil floating in the ocean with no place to go..

and producers cutting but not fast enough..

to overcome the most significant..

demand destruction event in the history of the globe,” 

brought on by efforts to prevent the spread of COVID-19.

“The carnage to oil production will be felt for decades..

 and yet in the short term..

it is all about the current glut of supply,”

 Flynn said.


THIS IS THE CAPTAIN OF YOUR SHIP

This is the captain of your ship, your heart speakin'

we're stuck in a great big slick..

the boat's leakin'

And if you haven't guessed

This is an SOS

If you still want to save her..

you just have to stop your drillin..

You're going to lose a good thing

You got to let it know that you need it
You got to let it know that you get it
You got to let them know that you..

don't need no oil now

You got to let it know that you need oil
You got to let us know that you get it
You got to let us know that you're..

gonna save oil now

This is the captain of your ship, the don calling..

You'd better turn yourself around, an quit stalling
You're running off your course..

You've got your signals crossed..

And now the compass points to lost


You're going to lose a real big thing

coming up..

crude jokes..

brooding chickens.. 

giant : the makeover

FOOT IN MOUTH VIRUS

yo!.. week a long time... innit!

in palookaville..

a great plague has come upon the land..

while all the folks are..

standin around waitin..

for herd immunity..

it strikes at the very heart..

of politics..

and national debate..

the two ronnies..

tweedle dee an tweedle dum..

have been struck down..

by a heavy virus load..

although now..

back in a saddle..

both hands look..

an sound..

much the worse for wear..

apart from misspeaking..

other symptoms include..

making poor decision..

appointing the wrong people..

includig but not onl..

the keystone cops..

and the tree stooges..

to create a test fo the bug..

an to..

make palookaville great again..

THE LONG GOODBYE

standing in front of the cameras ..

for the endless boring briefings..

you can see just by looking at their hair..

that they are not yet well enough..

to be in charge..

of the..

SHIP OF STATE

captains.. 

donald johnson and boris trump..

are having a bad hair day..

and saying the dumbest things..

while one quiffe wants to..

wash his hands of the whole virus thing..

the other quiffe wants to..

INJECT AND DISINFECT

the whole country..

although national panic has..

been avoided..

just in time..

as the media reported that..

it was the virus..

FOOT IN MOUTH

that was to blame..

it was all combed over..

with a promise of..

no more excruciatingly long briefings..

during which hardened political journos..

had either been found wanting..

or nearly laughing their heads off..

DON'T LOSE YOUR HEAD

boris trump and donald johnson..

have been criticized for being..

ASLEEP AT THE WHEEL

after nodding off in..

cobra meetings..

and not washing their hands properly..

when asked a direct question..

"when will there be masks"

they replied in unison..

and with one voice..

simultaniously..

together..

they promised..

help was on it's way..

but was very heavy

and had to come..

all the way from china..

in the mean time..

we should all sing along..

SIXTEEN TONS AND WHAT DO YOU GET

another day older..

an deeper in debt..

Tennessee Ernie Ford

Some people say a man is made outta mud
A poor man's made outta muscle and blood
Muscle and blood and skin and bones..

A mind that's a-weak and a back that's strong
You load sixteen tons, what do you get..

Another day older and deeper in debt

Saint Peter don't you call me 'cause I can't go
I owe my soul to the company store

I was born one mornin' when the sun didn't shine
I picked up my shovel and I walked to the mine..

I loaded sixteen tons of number nine coal
And the straw boss said "Well, a-bless my soul"

You load sixteen tons, what do you get?

Another day older and deeper in debt..

Saint Peter don't you call me 'cause I can't go..
I owe my soul to the company store...

If you see me comin', better step aside
A lotta men didn't, a lotta men died..

One fist of iron, the other of steel
If the right one don't a-get you
Then the left one will..

You load sixteen tons, what do you get
Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I owe my soul to the company store

meanwhile back at the

PHILLY BLUSTER

probably to be continued..

this could go on an on

see also..

mad cow disease

swine fever

animal farm

IN BED WITH RONA

yo!.. dedicated followers... innit!

in palookaville today..

we are looking at the novel..

CORONAGATE..

what are the symptoms..

an on what streets do they live?

SIGNS OF A PANDEMIC

you know that you're sick..

when..

ya cain't go ta work..

ya cain't go on holiday..

ya cain't fly..

ya cain't sail..

ya caint drive,

ya cain't go ta school..

ya cain't play sports..

ya cain't even watch sports..

hell they ain't no sports..

the world leaders are one an all..

IN BED WITH RONA

we too.. 

are all in bed with rona..

feds under the beds..

proppin up a conomy..

feds are inna countin house..

countin outta money.. 

president inna parlour..

feelin kinda funny..

bleach is inna bathroom..

makin lotsa money..

WAITING FOR THE VACCINE

It's my life
And I cain't do what I want  

cain't do what I like..

So please don't keep-a me waiting
Please don't keep-a me waiting..

'Cause I'm so tired
Tired of waiting..
Tired of waiting for you
So tired
Tired of waiting..

Tired of waiting for you
For you
For you

 coming up..

that was the briefing that was..

bleaching the house white..

on the west wing an a prayer..

GAMING THE VIRUS GAMES

yo!.. naughty... innit!

in palookaville..

folks everywhere..

are watching the scoreboard..

ta see who winning..

THE VIRUS GAMES

are this century's rerun of..

THE WORLD SERIES

going to surpass last century's?

the so called spanish games..

all are waiting for..

THE FINAL DESTINATION

will we be lucky?

will we win?

will we survive?.

THE SCOREBOARD SPEAKS

it is saying..

that all teams are not equal..

but worse than that..

some teams are being economical..

with the truth..

REMEMBER THE OLYMPICS

same names always top o the medals table..

women that look like the terminator..

the wrong coloured piss..

well lookie here..

the virus scoreboard..

may be telling us..

that a little finessing may be goin on..

some team's numbers..

don't add up

ROUND DOWN THE USUAL SUSPECTS

China, Russia and Iran..

are three but probably not all..

of those who have stats that may be..

too good to be true ..

china started early..

maybe jumped the gun..

WHO knows?

WHAT WOULD CHAIRMAN MAO SAY?

“In waking a tiger, use a long stick.”

  

“Everything under heaven is in utter chaos.. 

the situation is excellent.”

People who try to commit suicide..

don't attempt to save them!..

 China is such a populous nation..

it is not as if we cannot do without a few people.

WELL DID THEY OR DIDN'T THEY

it's too early to say.. 

 

 

 

THE MAN IN THE UBABE T-SHIRT

yo!.. sartorial... innit!

see the t-shirts range

THE WORLD ISN'T WORKING

yo!.. a great leveller... innit!

in palookaville today..

a great plague has come..

and sucked away the sea..

and all around were swimming naked..

world leaders..

with their bezzels hanging out..

WORLD VIRUS II

since the last world virus..

we have made it to the moon..

we have put ourselves online..

we have home delivery..

of whatevva..

ARTIFICIAL DUMBNESS

we have created a world equality..

everybody is now equally dumb..

and the virus..

is now available to all..

ALL FOOLS ARE EQUAL

but some are more equal than others..

because of the..

all pervasive..

stupidity..

every continent..

and practically every country..

is in the grip of this thing..

there are some with better scores..

but these are few..

and far between..

DUMB AN DUMBER

it was dumb to let it get out..

and it was even dumber to let it get in.. 

it was dumb to have no plan..

and even dumber to have no kit..

LEADERSHIP : THE SHIP THAT NEVER SAILED

the dumb..

lead by donkeys..

are floundering..

in a sea of sickness..

A NEW WORLD PLAN

is needed..

for it is clear that plan has yet to be formulated..

it's not like it wasn't expected..

it has happened before..

but the new world stupid..

has prevented progress..

ARE ALL WORLD LEADERS DUMB?

well some are definitely..

dumber than others..

but no one will admit..

to their mistakes..

as party loyalty and national pride prevail..

 

IT'S A ONE WORLD VIRUS

with a one world solution..

but not a one world approach..

and some will fair worse than others..

PUT AWAY CHILDISH THINGS

all your horses and all your men..

are ineffective here..

CO-OPERATION NOT CONTAMINATION

make a new plan stan..

get off the quay lee..

stay off the bus gus..

don't let the virus free

COMING UP

the road to palookaville..

how AD changed my life..

how much is that virus in the window?..

ONCE UPON A TIME.. IN THE WEST

yo!.. three billionaires... innit!

palookaville..

pantomime time..


Dusty, Lucky and Ned are three silent showmen..

The spectators love them because they are the heroes of the oppressed people..

When their last movie turns into a failure..

they are fired by their producer..

Carmen, a Mexican girl from Santo Poco engages them..

asking their help to face La Rona..

a merciless virus.

ANOTHER FISTFUL PLEASE 

“ Dusty : Time for plan B..

Plan A was to inject tequila into La Rona's corona..

Carmen : And that you have done, now what?

Dusty : Well we really don't have a plan B. 

We didn't expect for the first plan to work..

Sometimes you can over-plan these things.”

THE KISS OF LA RONA 

Juanita : Which one do you like? 

Carmen: The one that's not too smart..

Juanita : Which one is that?


ALL ALONG THE BLEACHERS


Jill: What's he waiting for out there?

What's he doing?

Cheyenne: He's whittlin' on a piece of wood..

I've got a feeling when he stops whittlin'...

 Somethin's gonna happen.
 

PLAY DUSTY FOR ME

La Rona : Would you like to kiss me?

Dusty : Yeah..

La Rona : Well?

Dusty : What? Now? Here?

La Rona : Well, we could take a walk and you could kiss me on the veranda.

 Dusty : Lips would be fine.”

NOW FOR SOMETHING COMPLETELY DIFFERENT 

Sechel

comment from mish site

sounds like this could get ugly again come the fall and winter..

if we don't have serious mitigation and testing plans put in place..

New York seems to be doing that developing a testing and tracing plan..

I see Bloomberg is helping to organize one..

Why the Federal government is not taking a greater role..

on a federally mandated and locally run program is beyond me..

 this will come back when we re-open.

How can it not? 

there's no plan to limit reinfection


HEY HEY RONA


La Rona: You will die like dogs!

Dusty : No, we will not die like dogs..

we will fight like lions!



COMING UP


free money..

oil sick..

the way we were..

 



 

THE BLEACH STOPS HERE

yo!.. interestin... innit!

 Blood-pressure drugs are in the crosshairs of COVID-19 research  

By Deborah J. Nelso(Reuters)

 - Scientists are baffled by how the coronavirus attacks the body..

killing many patients while barely affecting others..

 

But some are tantalized by a clue..

A disproportionate number of patients hospitalized by COVID-19..

the disease caused by the virus..

have high blood pressure..

...In a recent interview with a medical journal, Anthony Fauci - the U.S. government’s top infectious disease expert - cited a report showing similarly high rates of hypertension among COVID-19 patients who died in Italy and suggested the medicines, rather than the underlying condition, may act as an accelerant for the virus...

..fierce debate among scientists over the impact of widely prescribed blood-pressure drugs...

...Researchers agree that the life-saving drugs affect the same pathways that the novel coronavirus takes to enter the lungs and heart. They differ on whether those drugs open the door to the virus or protect against it... 

read the full article

Coronavirus dies out within 70 days no matter how we tackle it..

 claims professor 

Prof Isaac Ben-Israel..

claims that his analysis shows that the virus is self-limiting..

and peaks at 40 days before entering a rapid decline.. 

Across the globe, debate is raging about the best way to tackle the spread of coronavirus, with countries adopting radically different approaches in the fight against the disease.

But one Israeli professor claims that all efforts will lead to the same result, because the disease is self-limiting, and largely vanishes after 70 days, with or without any interventions.

...Major General Ben-Israel, who was also head of the Analysis and Assessment Division of the Israeli Air Force Intelligence Directorate and former chief Cybernetics adviser to Israeli prime minister Benjamin Netanyahu, claims shutting down major economies is having devastating consequences for little gain...

Prof Babak Javid, a consultant in infectious diseases at Cambridge University Hospitals, said: “To suggest that mitigation measures are irrelevant to the trajectory of the spread of the virus doesn't take into account the fundamental concept of the dynamics of transmission of an infectious disease within infectious, susceptible and immune individuals in a population.”

“They are correct in surmising that if exponential growth is unchecked, it will, in due course, decline.  But that is only the case if a majority of the population are infected.  It is not true if mitigation efforts have reduced the base number of people infected.

“A striking example is Singapore: now three months (around 90 days) since its first case.  After an initial highly successful containment strategy, due to inability to prevent transmission in highly crowded worker dormitories, they are seeing a new, massive spike in cases in a population that was previously unexposed.”

read the full article 


MEANWHILE BACK AT THE RANCH


US president wonders if disinfectants could be injected into people to treat Covid-19 

John Balmes, a pulmonologist at Zuckerberg San Francisco General Hospital..
told Bloomberg News:

"Inhaling chlorine bleach would be absolutely the worst thing for the lungs..

The airway and lungs are not made to be exposed to even an aerosol of disinfectant..

Not even a low dilution of bleach or isopropyl alcohol is safe..

It's a totally ridiculous concept."


COMING UP


leeches sent for..

where is that little bleeder?

looking for the varmint..