A Health-Care Crisis That’s Leading To A Financial Crisis | Morning Joe | MSNBC

The Dow Jones Industrial Average fell by 10 percent Thursday, with the Nasdaq and the S&P 500 both down by 9 percent. It was the worst point drop ever for the Dow and its worst performance since the market crash in 1987. The panel discusses. Aired on 03/13/20.
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A Health-Care Crisis That's Leading To A Financial Crisis | Morning Joe | MSNBC

106 comments

    1. THAT’S THE REPUBLICANS & WHY WE’VE HAD A RECESSION EVERY TIME A REPUBLICAN HAS BEEN IN OFFICE GOING ALL THE WAY BACK TO TEDDY ROOSEVELT!!✌😂😂😂

    2. THAT WAS THE WHOLE IDEA FOR GETTING RID OF THE PEOPLE THAT WERE IN THE WH THE GOOD PEOPLE AND PUT ALL REPUKES IN THERE HOW STUPID DOES TRUMP THINK PEOPLE ARE DUHHHHHH YOU SCREWED YOURSELF TRUMP

  1. Take a second to recognize how extraordinary it is that the potus, ostensibly the single most person in charge of the safety and care of all US citizens, has been trying to slow down testing for a deadly virus because the more cases are confirmed, the more he (rightfully) looks bad.

    Also think of just how stupid, how utterly infantile and cowardly, one has to be to think that this “wish it away” policy would help his optics on this. For of course the less people are tested and thus self quarantined and treated, the more the disease will spread, the more people will die, the more the populace will panic, and thus the worse the crisis, the worse 45* looks. It’s a simple causal chain that you’d think any person possessing even a below average but still normal range intelligence and comprehension of the world could grasp and foresee, much less a very stable genius who should thus posses an above average capacity for prescience.

    So even if all 45* cares about is his reputation (and reelection chances) which we know is true since he is a textbook malignant narcissist psychopath (no hyperbole), it is in his own interest to push for as much testing as possible as soon as possible to try to stem this crisis. And yet he’s too jaw dropping stupid, irrational, and ignorant to even comprehend this. This level of incompetence is beyond appalling and unbelievable in a purported leader and it is deeply dangerous to the welfare of all citizens, as we are unfortunately witnessing in real time.

    1. Robert Soneberg the flu comes with a shot unlike c-19. And yes I am a sheep and I see a wolf pretending to care. No more #tre45on burgers!!!

    2. @Ivan McBleedy 67k tweets today for trump’s national prayer day. fn astounding. He declared that so he could rile up his evangelical base for his campaign purposes. That and that only. about lost my lunch.

    3. They clearly explained why they slowed it down. But for some reason your long dribble of partisan BS didn’t address it

    1. @Sean Sopata New stats: Covid-19 mortality rates for people under 50 yrs is 0.1% – the same as the typical flu.

    2. ?? To say that the mass hysteria being created by this Chinese virus is rather convenient, would be an understatement. This is the perfect way for corrupt puppet politicians and the corporate owned puppet media to deflect blame for the stock market finally crashing, due to politicians deregulating the global financial system and not using the gold standard (creating a glorified Ponzi scheme designed to enrich the elite 1% for decades) that has left countries tens of TRILLIONS of dollars in debt. (The American government is over 23 TRILLION dollars in debt in 2020 and pays over 500 billion in debt interest every year!) Global banks have been hundreds of TRILLIONS of dollars in debt for decades and continue printing more and more money waiting for the bottom to collapse any day (long before this Chinese virus was ever mentioned.) Now of course, when the ‘too big to fail’ global banks and the corrupt puppet politicians (owned by the banks and corporations that ‘donate’ hundreds of millions of dollars to their election and re-election campaigns in exchange for profitable ‘favors’ owed later) are about to face the biggest financial collapse in history, this Chinese virus CONVENIENTLY appears. Now the politicians and the media can blame decades of rampant greed and corruption on this virus and the resulting mass hysteria being created. The global financial system was due to collapse months ago and the politicians would have had to answer to the public for letting this Ponzi scheme exist, but now they are able to shift the blame for tens of TRILLIONS of dollars in debt (created since the 70’s) on a virus that has only been around for a couple months! (It is like a junior league hockey coach raping a few of the boys on the team, for years, and before any of the boys decides to tell anyone, the school bus with the whole hockey team crashes off a cliff and the only survivor is the coach. CONVENIENT to say the least right? That is exactly what is going on today, as the greedy and corrupt politicians and bankers will get away with the massive Ponzi scheme they created decades ago, as the public focuses on the Chinese virus that crashed the global financial system.)

    3. Stop slamming the federal
      Government!!!!!! Start supporting the efforts being done!!!! You do a great amount of projection which you then judge. Stop stop stop this harping on testing!

  2. Wow the Fed be breaking their necks to save Wall Street but can’t put a dime toward Universal Healthcare for the citizens. This country, I swear… 🙄

    1. @Yo_isJoe so I guess you’re going to decline Medicare then correct? I hope you walk the walk if you talk the talk.

  3. I had private health insurance when I retired. When I began having back problems they dropped me with no explanation. After that I couldn’t get insured and lost both my houses. A lifetime of hard work for a half hour surgery. To me the insurance companies are nothing but criminals.

    1. Bob Courtier having a way to go to doctor, hospital is a right that everyone should have. Insurance companies should be dinosaurs

    2. Sorry to hear what they did to you. The GOP doesn’t want national health b/c their friends or their stock portfolios would loose money.

    1. But soon they are going to GIVE money to the airlines for financial losses. ????? If you lost your job would Govt. of Putin/GOP give you money?

    2. Keoki Ciervo They’re about to. I love it when the government gives me back my own money that I paid in taxes.

    1. Karen Musilek no Karen. You aren’t the only ones that care about the poor. You guys give a ton to your candidates to be able to complain. Your double standards are coming home to roost. Your little pet names for people that don’t support your party are more than stale. Now you try to hide behind poor people? Is there anything your freaks won’t politicize? Such a pathetic state you ppl are in

    2. @DR NO Even the poor spend money. Even food stamps spend the same as dollars. All dollars float up.

    3. @T Boned I feel like we’ve had this talk before. The Fed was created to protect the big banks. The big 5 (I think it was) met at Jekyl Hill (I think it was) and then they ptched the FDIC to the Prez. The Central Bank doesn’t create recessions or depressions they correct the econony.on the supply side. There’s not much they can do with this situation because its driven by a lack of demand. The economy requires huge amounts of people spending their brains out every day. Trump is a wannabe whale, he’s never had one thought of another human being his whole life. This virus will take down the Fed, the stock market, the Prez, and the whales. Trump doesnt really understand that the little people are collectively more powerful than the Government, the Prez and the Corp combined.

  4. Wait the government just GAVE 1.5;trillion dollars to the banks??! AND NEVER WORRIED ABOUT HOW WE WOULD PAY FOR IT🤔🤔🤔🤔well gosh darn that sure sounds like socialism 🤔🤔🤔🤔

    1. It is. It’s socialism for the rich. But for some reason socialism for the poor and the American people is bad? Makes no sense.

    2. @kevin caudill yes $1.5 trillion loan at 0% interest rate. Free money they get to gamble with. If they make profit, they keep profit. If they go bankrupt, they don’t pay it back, and start over with new free money. That’s socialism for the rich.

    1. Bruce Barton you revere to the US as her. To me an country is more an it.
      I don’t live in the US. Been there many many times. Have lots off friends I’d different states. Interacted with numerous people.
      Every state I see the same as Europe has countries. They all have their own culture. Wray of life. Food and attitude.
      In some starters people are nicer and more open then others if they don’t know you. Some people were very glad to see me because it gave them the opportunity to speak in their own language. The nature is overwhelming and very beautiful.
      What also saw were people very very poor. Living under poor conditions in uninhabitable housing. Without running water an/or connecting to the sewer or another system. Where I live that is illegal and criminal.
      Slump lords like the Kushner family lose all their houses and go to jail. I saw what the poor medical system did to people.
      How they sat in an hospital for almost two days with an broken arm. How someone halfway his chemo treatment got and letter from his insurance that the money for the year was gone and they no longer paid. And a lot off other dreadful and heartbreaking stories. The system is very good for the well off and the rich.
      I hear the White House talking about that people will get very rich if they invest now in the stock market. Probably exactly what Murdoch is doing.
      I see that for the rich the US turned into an socialist state with 1,5 trillion subsidy for the rich fossil fuel industry, the banks and investors. 1 trillion tax cut for the rich.
      The subsidy for the farmers goes for the most part to big rich companies who buy out farmers. Little farmers go bankrupt and lots commit suicide.
      Far more then normal. For the poor there is the capitalistic state. The infrastructure is so old it false apart. The corruption is high.
      Your political system is fraud with gendermeandering or however you call it. Voter suppression and election fraud and corruption.
      The heat and fear instilled by Trump. The conspiracy theories and distrust. The far right that feels emboldened by Trump.
      The propaganda. The school system where the poor almost has no change
      You number 10 on the list off countries with the most mass shootings and dead’s as an consequence.
      So yes, in my eyes the US turned into an shithole country. On top an autocratic and kleptocrat. Under him plutocrats.

    2. But one that greatly aids those who already have money/wealth. Neat eh? The rest of us are just here to supply labor and blood.

    3. Keoki Ciervo not hero. Hero slave. While it is the workers that keep the economy going the rich still think in terms at the time off slavery.
      With workers the economy goes and falls. They keep forgotten that when they are gone everything will keep on running for an long time.
      When there bad paid and bad treated workers stop working the the economy comes abruptly tot an standstill

    1. ‘hoax’, word handpicked for his dumb dumb believers. & that his more intellectual believers aren’t put off by that childish mentality has always astonished me.

    1. @G G You want to repeat that ?? Recall there were more than one record setting down days last week – cause is NOT the virus it is the incompetence and lack of confidence in The Emperor. Any gains in the entire back patting WH since day one gone in less than a week. The recovery was smaller than the total week’s decline by a huge amount – offsetting just 1 of days down turns. TODAY you are seeing that confidence level drop again. YOU CAN’T BELIEVE THIS MAN no matter what SPIN he throws at us. His FAKE NEWS is FAKE FAKE FAKE! Reality is hitting us where all that toilet paper being horded is targeted!

    2. @G G Don’t forget to follow the leaders words. You wouldn’t want to follow the wrong instructions and catch or spread the virus to your family. After all he just said he talked it over with his son. No need to consider experts.

    3. @P Costello No worries, we Russians have the Vaccine. FYI- 2020 Elections are postponed indefinitely. We decided to anoint him the King of the US. Be gone infidel.

    4. @G G Yet another day of WINNING on the market this Wednesday. He was right we are getting sick of his winning! CRASH goes Trump’s Market … The Gas Light is not working anymore.

  5. Wait so the Federal Government can pump 1.5 trillion dollars into the stock market to ease investors anxieties, but not pay for the creation of more Covid-19 tests or give people guarunteed sick leave for the two week mandatory quarantine if they do get the illness? That’s pretty neat.

    1. @the list,
      -I never said to just print more money
      – And what difference does it make what kind of political Nation China is, it’s still insane to allow them to manufacture everything!

    2. @Rebecca Grace,
      The government has got to STOP behaving UNFAIRLY!
      Using taxpayer money to pay off student debt is extremely unfair to the rest of society!

    3. @Rebecca Grace,
      – You mean like in France when Queen Marie Antoinette’s head got cut off for as a rich person saying something so stupidly selfish?
      – Do you remember when our own $Billionaire queen, Speaker Nancy Pelosi, after another large round of layoffs late into the Obama presidency said, “Look on the brightside if you lose your job you can finally take that walk in the Park or take up watercolor painting.”
      – We should have cut her stupid, selfish air-head off!

    4. Rand Kocher – I know what you’re trying to say, but there is no possible way anymore for the U.S. to be able to manufacture anything at the cost China does. There will never be a resurgence in U.S. manufacturing. Those days have sadly past. That’s the reality we live in. Also, with Biden as the Democratic nominee you can forget about Medicare For All and student debt payoffs. That was all Bernie, and he never would’ve got those things to pass anyway. Biden will ensure that wall street is allowed to continue to screw over the middle class. Biden could easily have an R in front of his name instead of a D.

  6. Thanks to our very stable genius and his administration for doing NOTHING to prepare us for the onslaught of the coronavirus.

    1. @Kevin Kieb Why is everyone freaking out?? President Trump said the number of cases “within a couple of days is going to be down to close to zero.” soooo it MUST be true!!

    2. @I.K. Grey EVERYONE IS FREAKING OUT. CAUSE THEY LISTEN TO WHATEVER SAYS LOL. WITH YOUR APPROACH… SO WHATEVER LIBERAL MEDIA SAYS MUST BE TRUE TOO… WHICH THERE KNOWN TO LIE AS WELL. IM NOT DEFENDING TRUMP, I USE MY OWN COMMON SENSE AND REASONING. AND PEOPLE ARE IN HYSTERIA ( WHICH AGAIN EVERYONE COMMON SENSE PERSON KNOWS IS HUGE IS 2020 ) DRAMA IS EVERYWHERE

    3. @Kevin Kieb you sound like a trump kind of businessman. Tax libs and giving them 0 healthcare. Isn’t that what’s already going on. Medicare and Medicaid and Social Security are coming out of our paychecks but I can’t use it because I make too much. As for believing everything you hear. Didn’t trump tell you to only believe him because he would never lie to you. By that effect, all this should be fake to you.

    4. @S M I’m not in love with trump. I actually think he’s got issues for sure. I’m looking at this from a point of reason. The problem with this country is people take everything for granted. Act like 5 year olds, think there’s 0 consequences.
      I’m frustrated, this whole web started with the liberal approach to everything make it sound cute. Not just liberals are like this it’s across the board wide spread.
      But Democrats political beliefs were all these things and that’s not a debate.

    5. @Mike Ray FACTS TELL THESE POO NANIES. THERE ACTING LIKE LIFE IS A REALITY SHOW OR A NIGHT STUCK IN FROM A SNOW STORM.

      THIS RIDICULOUSNESS HAS SERIOUS CONSEQUENCES AND WHEN MONEYS TIGHT FOR THOSE WORRY WARTS ( I HOPE THE PRESIDENT SAYS TOO BAD ) I THOUGHT YALL WANTED ME GONE SO BAD, NOW ITS UP TO ME TO FUND YOUR POCKETS….. NO THANKS

      BECAREFUL WHAT YOU WISH FOR LIBERALS
      – SINCERELY

      A NORMAL PERSON

    1. It’s only polite to flush the turds when your done n they start stankin’ up the entire house.🌊🌊🌊

    2. Wake up stupid. It is your economy as well. Mission accomplished from the Deep State with the geo-engineered virus. Unfortunately for them, it won’t work. In six months or less everything will be even better. Go vote for Bernie, stupid.

    1. @T Boned no, the Fed is here to try to create flexibility and stability in the markets so that we don’t have crashes as often. So you flipped huh? Your other post said the Federal Reserve was “in bed with the democrats” now you’re saying “Trump is now controlling the FED”. One of those statements cannot be right as they’re opposing points, but you seem too weak minded to actually use logic or facts to debate. Instead you rely on your poor education, anger, and attempting to sound smarter than you are to win arguments. You want a completely even playing field with no interest rates? Ok, then say good bye to Wall Street and our dominance of the global banking industry. Say goodbye to foreign investments into our different business sectors, say goodbye to America having influence on the rest of the world, say goodbye to America leading the world for good. The virus is just the straw that broke the camel’s back. As I explained before we were already showing signs of a terrible economy before this virus first appeared in December, when so much action was taken to prop up the economy with bailouts in September last year. You’re a simple troll, and flipped on your main arguments between your two posts because you don’t have any actual education on this topic. Stop crying and making stuff up, you aren’t nearly smart enough to keep your lies straight and I just debunked your entire argument ok Snowflake?😘

      Though it is ironic a troll named “T Boned” got broad sided by a 18 wheeler of truth, there were no survivors of your ignorance sadly…

    2. @Some Person Idiots like yourself don’t understand plain English. The FED is not a government operation despite the fact that the President chooses the chairman. They work independently and care about themselves and the big banks only. You have absolutely no idea of who they are, how they were created and anything about the Federal Reserve Act. Clearly, you a moronic troll out writing essays on things that you know nothing about and your stupidity is evident in your patronage to MSNBC. Try to learn something today and leave the thinking to those capable of critical thought. Aholes like you are irritating at best.

    3. @Blossom Bouquet you have to dig into federal financial reports and actual news reports to puzzle everything together and confirm you aren’t just seeing things or being lied to. Unlike T Boned here who can’t decide if the Fed is controlled by dems, Trump, or is independent I actually enjoy learning and my curiosity drives me to educate myself.

    4. If they gamble in the market and make massive cash yay, but as soon as they lose on their bets, then Uncle Sam covers their losses.

      Privatize gains and nationalize losses. That America right there.

    1. you do lol shipping is still disrupted & there’s still no apple products on the shelves in your country right now are there! Won’t be for quite some time!

  7. The markets crash after the financial genius tries giving a speech loaded with lies to stabilize the markets? Fake President

    1. Yeah right clown. There is literally nothing he can do more for you to speak the truth. This president whom you called ‘xenophobic’ saved your butt if it wasn’t for him banning travel from China back in January. The death toll in US would’ve been second to China. But thanks to him and his ‘xenophobia’ you have death toll of 40 smaller than island countries.

      As for other president your hero Obama/Biden H1N1 virus.
      Over 59 million Americans contracted the H1N1 virus, 265,000 were hospitalized as a result, and 12,000 died.

      REMEMBER FCTS MATTER
      https://en.m.wikipedia.org/wiki/2009_flu_pandemic_in_the_United_States

    2. Nobody good luck thinking that, it is your right but I’m curious on which definition of xenophobia are you referring.

    3. @Nobody What is the problem with your analogy is here sir, one the virus has only just begun spreading in the US so we can expect those numbers to expand exponentially as they have throughout the rest of Western and Eastern Europe where it has hit
      had quite hard already. I hope that a lot of Americans don’t die and that there is not enormous suffering however this is going to dwarf H1N1 by a factor that it’s just exponential. I see a lot of trumpanzees out there pushing the but but but H1N1 but H1N1 Obama Obama Obama…. Obama is not in charge this is not h1n1 and trump has failed Americans are at risk because of his actions prior to epidemic inaction incompetence and lies.

  8. The sooner we realize as a nation that medical coverage for all is a human right the stronger we will become as a nation.

    1. Seth Meyers has a good vid on Americas “Opportunity Zones”, the USA is a corrupt and crippled nation of liars and thieves. You will never be strong.

    1. @EEE GGG So when the job creaters lose stock market money they go bankrupt., and lay off employees.

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