Post by the Scribe on Apr 6, 2020 21:59:46 GMT
NEWS FLASH - there WAS A PANDEMIC PLAYBOOK - it was thrown out to help support TAX CUTS that Dimon enjoyed
Dimon was one of the billionaires that had to be bailed out in 2008. Guess his team didn't have a playbook prepared for the subprime mortgage crisis. Who allowed our medical equipment; medicines and country to be so dependent on China? This is where the next congressional investigation should be done. It was reported today that China bought billions of masks in January from the worlds supply system...before they reported that the virus was transmittable to humans.
Democrats, Liberals, Progressives and sane balanced people have been saying these things for decades as well as trying to enact them. Republicons, CONservatives, Libertarians have done everything they could do to THWART those common sense efforts. If CONSERVATISM is allowed to do so it will be the end of life on Earth as we have known it be it through pandemics, no universal health care system ready to react, global warming and climate change issues, etc. The conservative laissez -faire free market free trade crony capitalism ideology (trickle down) SCAM that enriches the 1% and keeps most Americans in debt needs to stop and self-described conservatives need to be minimalized and kept OUT of office. They have been allowed to steal elections at all levels for far too long. Time to speak up, speak out and stop the conservavirus that is killing us.
conservatism.freeforums.net/thread/3/stolen-elections-voter-suppression-crow
JPMorgan’s Dimon: 'There should have been a pandemic playbook'
www.yahoo.com/finance/news/jamie-dimon-on-covid-19-crisis-114330705.html
Julia La Roche Correspondent
Yahoo FinanceApril 6, 2020, 4:43 AM MST
JPMorgan Chase (JPM) CEO Jamie Dimon says “there should have been a pandemic playbook” to tackle the COVID-19 crisis, and the lack of preparation is part of a larger set of problems facing the country.
finance.yahoo.com/quote/JPM?p=JPM&.tsrc=fin-srch
“As a nation, we were clearly not equipped for this global pandemic, and the consequences have been devastating,” Dimon wrote in his firm’s widely-read annual letter to JPMorgan shareholders.
www.jpmorganchase.com/corporate/investor-relations/document/ceo-letter-to-shareholders-2019.pdf
The outspoken bank CEO went on to provide a laundry list of “flaws” in the U.S. beyond the lack of preparedness for the pandemic, from education to infrastructure, which he argues can be fixed in a non-partisan manner.
Dimon wrote: “Our inner city schools don’t graduate half of their students and don’t give our children an education that leads to a livelihood; our healthcare system is increasingly costly with many of our citizens lacking any access; and nutrition and personal health aren’t even being taught at many schools. Obesity has become a national scourge. We have a litigation and regulatory system that cripples small businesses with red tape and bureaucracy; ineffective infrastructure planning and investment; and huge waste and inefficiency at both the state and federal levels. We have failed to put proper immigration policies in place; our social safety nets are poorly designed; and the share of wages for the bottom 30% of Americans has effectively been going down.”
“We need to acknowledge these problems and the damage they have done if we are ever going to fix them,” he said.
‘America was an idea borne on principles’
If there’s a silver lining to the current coronavirus crisis, it’s “forcing us to work together” and “improving civility and remind us that we live on one planet.”
“I am hoping that civility, humanity, empathy and the goal of improving America will break through. We have the resources to emerge from this crisis as a stronger country,” Dimon added.
He went on to sing America’s praises as the “most prosperous nation the world has ever seen” built on plentiful natural resources; friendly neighboring countries; and rights and values including life, liberty and the pursuit of happiness, and freedom of speech, religion and enterprise.
Jamie Dimon, Chairman & CEO of JP Morgan Chase & Co, speaks during the Bloomberg Global Business Forum in New York on September 25, 2019. (KENA BETANCUR/AFP via Getty Images)
“These gifts have led to the most dynamic economy the world has ever seen – one that nurtures vibrant businesses large and small, exceptional universities, and a welcoming environment for innovation, science and technology,” he wrote. “America was an idea borne on principles, not based upon historical relationships and tribal politics. It has and will continue to be a beacon of hope for the world and a magnet for the world’s best and brightest.”
‘There will come a time when we will look back’
All said, the 64-year-old executive remains hopeful that this crisis can bring people together to recognize “our shared responsibility, acting in a way that reflects the best of all of us.”
“As we have seen in past crises of this magnitude, there will come a time when we will look back and it will be clear how we – at all levels of society, government, business, healthcare systems, and civic and humanitarian organizations – could have been and will be better prepared to face emergencies of this scale. While the inclination of some will be to finger-point and look for blame, I hope we can avoid that. I also hope we can avoid people using times of crisis to argue for what they already believe. We need to demand more of ourselves and our leaders if we want to prevent or mitigate these disasters.”
According to Dimon, attacking these problems would help the country prepare for these catastrophic events and “create better economic outcomes for everyone” and “strengthen America’s role in the world.”
“If we acknowledge our problems and work together, we can lift up those who need help and society as a whole,” he wrote. “Business and government collaborating together can conquer our biggest challenges.”
Coronavirus cases are still on the rise. (Graphic: David Foster/Yahoo Finance)
—
Julia La Roche is a Correspondent at Yahoo Finance. Follow her on Twitter.
Mark Cuban: Capitalism will ‘lift us up from where we are’ www.yahoo.com/finance/news/mark-cuban-capitalism-will-lift-us-up-from-where-we-are-190022341.html
Mark Cuban: Trump is right on infrastructure, but we can’t do this the old school way www.yahoo.com/finance/news/mark-cuban-on-infrastructure-trump-181155714.html
Cuban won’t say if he’ll run for president, but notes the door is ‘wide open’ www.yahoo.com/finance/news/mark-cuban-answer-to-presidential-bid-question-202015951.html
Mark Cuban on $349B small-business loans: 'It's literally the best stimulus bill ever for small businesses' www.yahoo.com/finance/news/mark-cuban-on-paycheck-protection-program-for-small-businesses-loans-234227330.html
Find live stock market quotes and the latest business and finance news finance.yahoo.com/
For tutorials and information on investing and trading stocks, check out Cashay www.cashay.com/investing/stocks
Dimon was one of the billionaires that had to be bailed out in 2008. Guess his team didn't have a playbook prepared for the subprime mortgage crisis. Who allowed our medical equipment; medicines and country to be so dependent on China? This is where the next congressional investigation should be done. It was reported today that China bought billions of masks in January from the worlds supply system...before they reported that the virus was transmittable to humans.
Democrats, Liberals, Progressives and sane balanced people have been saying these things for decades as well as trying to enact them. Republicons, CONservatives, Libertarians have done everything they could do to THWART those common sense efforts. If CONSERVATISM is allowed to do so it will be the end of life on Earth as we have known it be it through pandemics, no universal health care system ready to react, global warming and climate change issues, etc. The conservative laissez -faire free market free trade crony capitalism ideology (trickle down) SCAM that enriches the 1% and keeps most Americans in debt needs to stop and self-described conservatives need to be minimalized and kept OUT of office. They have been allowed to steal elections at all levels for far too long. Time to speak up, speak out and stop the conservavirus that is killing us.
conservatism.freeforums.net/thread/3/stolen-elections-voter-suppression-crow
JPMorgan’s Dimon: 'There should have been a pandemic playbook'
www.yahoo.com/finance/news/jamie-dimon-on-covid-19-crisis-114330705.html
Julia La Roche Correspondent
Yahoo FinanceApril 6, 2020, 4:43 AM MST
JPMorgan Chase (JPM) CEO Jamie Dimon says “there should have been a pandemic playbook” to tackle the COVID-19 crisis, and the lack of preparation is part of a larger set of problems facing the country.
finance.yahoo.com/quote/JPM?p=JPM&.tsrc=fin-srch
“As a nation, we were clearly not equipped for this global pandemic, and the consequences have been devastating,” Dimon wrote in his firm’s widely-read annual letter to JPMorgan shareholders.
www.jpmorganchase.com/corporate/investor-relations/document/ceo-letter-to-shareholders-2019.pdf
The outspoken bank CEO went on to provide a laundry list of “flaws” in the U.S. beyond the lack of preparedness for the pandemic, from education to infrastructure, which he argues can be fixed in a non-partisan manner.
Dimon wrote: “Our inner city schools don’t graduate half of their students and don’t give our children an education that leads to a livelihood; our healthcare system is increasingly costly with many of our citizens lacking any access; and nutrition and personal health aren’t even being taught at many schools. Obesity has become a national scourge. We have a litigation and regulatory system that cripples small businesses with red tape and bureaucracy; ineffective infrastructure planning and investment; and huge waste and inefficiency at both the state and federal levels. We have failed to put proper immigration policies in place; our social safety nets are poorly designed; and the share of wages for the bottom 30% of Americans has effectively been going down.”
“We need to acknowledge these problems and the damage they have done if we are ever going to fix them,” he said.
Right Mark...Crony Capitalism and laissez-faire conservatism has caused this crisis:
[See Also: Mark Cuban: Capitalism will ‘lift us up from where we are’]
www.yahoo.com/finance/news/mark-cuban-capitalism-will-lift-us-up-from-where-we-are-190022341.html
[See Also: Mark Cuban: Capitalism will ‘lift us up from where we are’]
www.yahoo.com/finance/news/mark-cuban-capitalism-will-lift-us-up-from-where-we-are-190022341.html
‘America was an idea borne on principles’
If there’s a silver lining to the current coronavirus crisis, it’s “forcing us to work together” and “improving civility and remind us that we live on one planet.”
“I am hoping that civility, humanity, empathy and the goal of improving America will break through. We have the resources to emerge from this crisis as a stronger country,” Dimon added.
He went on to sing America’s praises as the “most prosperous nation the world has ever seen” built on plentiful natural resources; friendly neighboring countries; and rights and values including life, liberty and the pursuit of happiness, and freedom of speech, religion and enterprise.
Jamie Dimon, Chairman & CEO of JP Morgan Chase & Co, speaks during the Bloomberg Global Business Forum in New York on September 25, 2019. (KENA BETANCUR/AFP via Getty Images)
“These gifts have led to the most dynamic economy the world has ever seen – one that nurtures vibrant businesses large and small, exceptional universities, and a welcoming environment for innovation, science and technology,” he wrote. “America was an idea borne on principles, not based upon historical relationships and tribal politics. It has and will continue to be a beacon of hope for the world and a magnet for the world’s best and brightest.”
‘There will come a time when we will look back’
All said, the 64-year-old executive remains hopeful that this crisis can bring people together to recognize “our shared responsibility, acting in a way that reflects the best of all of us.”
“As we have seen in past crises of this magnitude, there will come a time when we will look back and it will be clear how we – at all levels of society, government, business, healthcare systems, and civic and humanitarian organizations – could have been and will be better prepared to face emergencies of this scale. While the inclination of some will be to finger-point and look for blame, I hope we can avoid that. I also hope we can avoid people using times of crisis to argue for what they already believe. We need to demand more of ourselves and our leaders if we want to prevent or mitigate these disasters.”
According to Dimon, attacking these problems would help the country prepare for these catastrophic events and “create better economic outcomes for everyone” and “strengthen America’s role in the world.”
“If we acknowledge our problems and work together, we can lift up those who need help and society as a whole,” he wrote. “Business and government collaborating together can conquer our biggest challenges.”
Coronavirus cases are still on the rise. (Graphic: David Foster/Yahoo Finance)
—
Julia La Roche is a Correspondent at Yahoo Finance. Follow her on Twitter.
Mark Cuban: Capitalism will ‘lift us up from where we are’ www.yahoo.com/finance/news/mark-cuban-capitalism-will-lift-us-up-from-where-we-are-190022341.html
Mark Cuban: Trump is right on infrastructure, but we can’t do this the old school way www.yahoo.com/finance/news/mark-cuban-on-infrastructure-trump-181155714.html
Cuban won’t say if he’ll run for president, but notes the door is ‘wide open’ www.yahoo.com/finance/news/mark-cuban-answer-to-presidential-bid-question-202015951.html
Mark Cuban on $349B small-business loans: 'It's literally the best stimulus bill ever for small businesses' www.yahoo.com/finance/news/mark-cuban-on-paycheck-protection-program-for-small-businesses-loans-234227330.html
Find live stock market quotes and the latest business and finance news finance.yahoo.com/
For tutorials and information on investing and trading stocks, check out Cashay www.cashay.com/investing/stocks
Dear Jamie, there was a "playbook". What was lacking was a capable leader, not a narcissistic child. Dr. Anthony Fauci, the U.S. government’s top infectious disease specialist, warned in early 2017 that a “surprise outbreak” would occur during the Trump administration, and he said that more needed to be done to prepare for a pandemic.
“There is no question that there will be a challenge to the coming administration in the arena of infectious diseases,” he said in a speech titled “Pandemic Preparedness in the Next Administration” at Georgetown University Medical Center. He delivered it just days before Trump was inaugurated on Jan. 20, 2017.
Fauci ticked off a list of measures needed to prepare for such a crisis, including creating and strengthening global health surveillance systems, as well as public health and health care infrastructure; practicing transparency and honest communication with the public; coordinating and collaborating on both basic and clinical research, and developing universal platform technologies to better facilitate the development of vaccines.
“There is no question that there will be a challenge to the coming administration in the arena of infectious diseases,” he said in a speech titled “Pandemic Preparedness in the Next Administration” at Georgetown University Medical Center. He delivered it just days before Trump was inaugurated on Jan. 20, 2017.
Fauci ticked off a list of measures needed to prepare for such a crisis, including creating and strengthening global health surveillance systems, as well as public health and health care infrastructure; practicing transparency and honest communication with the public; coordinating and collaborating on both basic and clinical research, and developing universal platform technologies to better facilitate the development of vaccines.