Hide Ya Wives, Hide Ya Kids: Worldwide Coronavirus Pandemic!

[wuchi01]

I won't defend multi-billion institutions receiving federal aid, which, as I understand it, is the point of critique in those tweets. But here's a bit of context about the endowment.

The Columbia Spectator published a detailed comparative account of the endowments of these Ivy league institutions. Cash-on-hand made up Just 2% of Columbia's $10 billion. Income from fixed and real assets made up 3% and 18%, respectively. Put simply, the endowment of these multi-billion dollar institutions is not liquid, and there are all kinds of restrictions, be they measured in terms of penalties or law, informal or formal. For instance, Columbia spends the "returns on its investments, an amount that constitutes around 5 percent of the total endowment value." (https://www.columbiaspectator.com/n...mbia-braces-for-widespread-financial-fallout/)

What the bailout--lets keep 100--really does is plug the expected shortfalls in revenue from tuition and clinical procedures and medical faculty practice. So Columbia may charge $71K for tuition, but it's going to see less and and less of that money from increasing numbers of students. This is because already we're seeing students withdraw (effectively taking their pledged tuition dollars back), demand tuition rebates and even launch class action lawsuits against schools like Drexel and Miami Universities claiming breach of contract (https://www.insidehighered.com/news...le-class-action-seeking-tuition-reimbursement).

In a sense the endowments of these institutions are premised on big bets: continued returns on specific financial investments, continued support of the 1%, state and local government support, and the willingness of rich undergraduate and masters students, both domestic and international, to float these Universities. There are grave concerns about each of these revenue sources. Hence, the federal bailout.

Again, I'm not defending the act or the idea of taxpayer dollars redistributed to tax-exempt, multi-billion institutions at a time when working-class Americans are being pummeled (peep the breadlines in cities around the country: https://www.bloomberg.com/news/arti...read-lines-are-forming-in-mar-a-lago-s-shadow).

But the endowment is not what it seems. Or $40 billion is not what it seems.

If we’re going criticize across the board for large institutions private and public receiving funds, there is no reason Harvard University gets a pass for getting $9mm when the money should have been better used. Tax exempt multi billion institutions have reserve funds, sometimes multiple lines, just for these occasions. Read some budget cut news, but Harvard is so efficient that they can’t find $9mm in savings anywhere?!?!
BS.
Spent two sessions in two years back in the day on University (not Harvard) budget committee for student fees as Student Rep. Ever wonder why fees never decrease? Ever wonder why each department feels the need to automatically increase line items and overall total regardless of Reality?
Wealth vs Income argument is also not helpful especially on a $40 Billion Dollar endowment. Can’t find $9mm in that pile? Then call up wealthy famous alumni to fund raise.

 

[doublemesh96]

Some interesting information being presented by this doctor

 

[mr s j king]

its going on right now tho.
Her temp went up to 101 and per protocal they asked me to go home and quarantine for a week.
There supposely going to facetime me, im here just waiting.

Shes going to be at the hospital till the results come in.

I was referring to preparing your home for the arrival of the baby
If you're not showing symptoms I would demand that they allow you to be there with her
The restrictions state that one adult can be present
They made me stay outside of the room when my wife had her C-section because it is considered a surgery
But then I've heard other people say they got to remain in the room while a C-section was being done
Different hospitals or even different doctors may have differing policies

 

[daruma]

Shake Shack returning $10 million government loan meant for small businesses

With the Paycheck Protection Program already out of money, the burger chain says other restaurateurs need its loan more than it does.

www.nbcnews.com

i love shake shack

 

[cosmiccoffee9]

sounds like Shake Shack did some #quickmaths and saw that loan would cost over 10 mil in business to keep.

C-

 

[FThe45th]

We gotta go back to Boeing Tuesday like it never happened. See ya on the other side guys

 

[fluid hips]

P

Plot twist: people stayed home because the election was already decided

 

[sooperhooper]

And that was just one day.

 

[160jordansdeep]

'We hear you, Dad': A daughter stays on the phone for hours and hours as her father dies alone from coronavirus — USA TODAY

Abby Adair Reinhard couldn't be with her father as he died in a hospital 5 miles away. She stayed on the phone with him for hours as he passed.

apple.news

 

[160jordansdeep]

Wife is having a C-Section.
her temperature went up and all the nurses went into panic mode.
Sent my *** home to quarantine.
Idk when ill see my first bboy.
Feels bad maing

My god bless your and your family keep your wife and baby boy safe

if that was me I think I would go out if my mind

 

[Grine]

A harsh reminder: 8-plus pages of obituaries in Sunday's Times-Picayune | New Orleans Advocate

A harsh reminder: 8-plus pages of obituaries in Sunday's Times-Picayune | New Orleans Advocate

The Times-Picayune | The New Orleans Advocate printed eight-and-a-half pages of obituaries Sunday, almost double the amount normally published.

www.nola.com

 

[gry60]

much of the south is like that. Different mindset which is why I feel it’s important to start having protocol that will allow opening as safe as possible. Pushback is only going to mount from here on.

Are you saying that we should enable the idiots and endanger everybody else as a result?

There is no way to accommodate those who believe that covid-19 is a hoax. They're not out there asking for the federal government to widen testing and the distribution of PPE, they're telling folks that the virus doesn't exist and there's no reason to isolate.

 

[sooperhooper]

I'm just wondering when will people feel comfortable gathering in large crowds again, like games or graduations. I don't think it will go back to normal for another year.

 

[Lee And His Sneaks]

To all the anti quarantine terrorist:

 

[Betonblck]

I'm just wondering when will people feel comfortable gathering in large crowds again, like games or graduations. I don't think it will go back to normal for another year.

I agree. Just wait until they open up and our jobs are requiring sick and infected people to come to work and hiding who came down with Covid-19. People are going to realize, if my job is doing it, why would I go to a bar or restaurant and increase my potential risk of dying where they probably have sick employees too. Emergency room bills are no joke.

Is going to happy hour worth a $10,000 emergency room bill because the bar allows sick workers to come in and make your drinks?

 

[shibadekobe]

 

[shibadekobe]

WIDESPREAD TESTING IN U.S. NOT LIKELY UNTIL SEPTEMBER: GOTTLIEB

 

[shibadekobe]

The record for a vaccine, any vaccine, is 4 years.

 

[shibadekobe]

NovaBay Pharmaceuticals Signs Agreement to Distribute COVID-19 Antibody Rapid Point-of-Care Test to U.S. Healthcare Professionals - NovaBay

Company to submit the ISO 13485 and CE Mark certified fluorecare® test kit under FDA’s EAU and 510(k) clearance for U.S. commercial use EMERYVILLE, Calif. (April 20, 2020) – NovaBay®...

novabay.com

NOVABAY PHARMACEUTICALS SIGNS AGREEMENT TO DISTRIBUTE COVID-19 ANTIBODY RAPID POINT-OF-CARE TEST TO U.S. HEALTHCARE PROFESSIONALS
The fluorecare SARS-CoV-2 IgG & IgM Antibody Combined Test Kit is a point-of-care test to be administered by healthcare professionals. The test uses a drop of blood for the detection of COVID-19 antibodies, with results available in approx. 10 minutes.

The test kit has been ISO 13485 and CE Mark certified.

Cyclacel Pharmaceuticals Announces Collaboration With the University of Edinburgh to Study Its CDK Inhibitors to Reduce Runaway Inflammation in COVID-19 Disease | Cyclacel Pharmaceuticals, Inc.

The Investor Relations website contains information about Cyclacel Pharmaceuticals, Inc.'s business for stockholders, potential investors, and financial analysts.

investor.cyclacel.com

The parties will assess Cyclacel’s medicines above for their suitability for use in safety and efficacy studies in COVID-19 patients. This evaluation is part of a broader project (“STOPCOVID”) studying the inflammatory pathways that lead directly to COVID-19 lung injury.

Press Releases :: Anixa Biosciences, Inc. (ANIX)

ir.anixa.com

Anixa Biosciences and OntoChem Announce Collaboration to Develop Novel COVID-19 Therapeutics

 

[had pants]

 

[had pants]

 

[equality]

Shake Shack returning $10 million government loan meant for small businesses

With the Paycheck Protection Program already out of money, the burger chain says other restaurateurs need its loan more than it does.

www.nbcnews.com

i love shake shack

This sounds better than it was. They faced a ton of backlash before deciding to give it back. Good consequence overall but not as pure as they'd like to make you think

 

[had pants]

 

[shibadekobe]

 

[sneakaprince]

Going to be an interesting couple of weeks with the protest that happened nationwide over the last couple of days.