General Discussion

LiberalArkie

(15,719 posts) Wed Mar 18, 2020, 02:12 PM Mar 2020

'Hell is coming' -- Bill Ackman has dire warning for Trump, CEOs if drastic measures aren't taken no

Investor Bill Ackman urged President Donald Trump and corporate America in an impassioned plea on CNBC to shut down the country for 30 days to contain the fast-spreading coronavirus, calling it the only option to rescue the economy.

“What’s scaring the American people and corporate America now is the gradual rollout,” Ackman told CNBC’s Scott Wapner on “Halftime Report” on Wednesday. “We need to shut it down now... This is the only answer.”

“America will end as we know it. I’m sorry to say so, unless we take this option,” he said. Ackman added if Trump saves the country from the coronavirus, he will get reelected in November.

Ackman urged U.S. companies to stop their buyback programs because “hell is coming.” The biggest U.S. banks have already halted repurchasing stocks to put their capital to use helping consumers and businesses.

Snip

https://www.cnbc.com/2020/03/18/bill-ackman-pleads-to-trump-to-increase-closures-to-save-the-economy-shut-it-down-now.html

12 replies

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Highlight:

'Hell is coming' -- Bill Ackman has dire warning for Trump, CEOs if drastic measures aren't taken no (Original Post) LiberalArkie Mar 2020 OP

Dumps days are numbered. roamer65 Mar 2020 #1

A 30 Day Shutdown Won't Crash The Economy? ProfessorGAC Mar 2020 #2

reelected? he won't need a vote to remain in power Demonaut Mar 2020 #3

if he saves the country from this he will get reelected? start the fire, put it out and...hero? NRaleighLiberal Mar 2020 #4

Re-elected after 200,000+ deaths? FUCKING INSANITY! Brainfodder Mar 2020 #5

Something I called about 2 months ago. I'm sure we all did Roland99 Mar 2020 #6

We all suffer because of bigoted lazy Trump riversedge Mar 2020 #7

He's right, but his solution works best for the rich who have the resources not to have to work HotTeaBag Mar 2020 #8

That's the ticket, shut down the economy to save it. Progressive dog Mar 2020 #9

We have to prepare for BOTH waves of the virus. dixiegrrrrl Mar 2020 #10

The 1918 virus was H1N1 Progressive dog Mar 2020 #11

So it looks like he planned it DashOneBravo Mar 2020 #12

roamer65

(36,745 posts)

1. Dumps days are numbered.

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:15 PM

Mar 2020

ProfessorGAC

(65,078 posts)

2. A 30 Day Shutdown Won't Crash The Economy?

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:16 PM

Mar 2020

Not sure this guy thought this through.
Except for the part where he admits to snapping up bargains.

Demonaut

(8,919 posts)

3. reelected? he won't need a vote to remain in power

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:17 PM

Mar 2020

NRaleighLiberal

(60,015 posts)

4. if he saves the country from this he will get reelected? start the fire, put it out and...hero?

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:17 PM

Mar 2020

people would have to be pretty fucked up stupid to fall for that....

oh, wait! over 1/3 of the country would easily buy it!

Brainfodder

(6,423 posts)

5. Re-elected after 200,000+ deaths? FUCKING INSANITY!

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:18 PM

Mar 2020

'nuff said!

Roland99

(53,342 posts)

6. Something I called about 2 months ago. I'm sure we all did

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:19 PM

Mar 2020

The Great Pause

riversedge

(70,245 posts)

7. We all suffer because of bigoted lazy Trump

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:19 PM

Mar 2020

HotTeaBag

(1,206 posts)

8. He's right, but his solution works best for the rich who have the resources not to have to work

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:20 PM

Mar 2020

for 30 days (the investor class), not so much for the rest of us.

Progressive dog

(6,905 posts)

9. That's the ticket, shut down the economy to save it.

Reply to LiberalArkie (Original post)

Wed Mar 18, 2020, 02:49 PM

Mar 2020

Then when the virus stops targeting people, we can start back up as if nothing happened. We just have to convince the virus.

dixiegrrrrl

(60,010 posts)

10. We have to prepare for BOTH waves of the virus.

Reply to Progressive dog (Reply #9)

Thu Mar 19, 2020, 04:40 PM

Mar 2020

It was the 1918 flu's 2nd wave in the fall that did more damage than the first, because it had traveled around the world and mutated. the 2nd cluster of global victims had no anti-bodies to the newer version.

Progressive dog

(6,905 posts)

11. The 1918 virus was H1N1

Reply to dixiegrrrrl (Reply #10)

Fri Mar 20, 2020, 09:48 AM

Mar 2020

the 2nd wave was not a different flu.
https://www.ncbi.nlm.nih.gov/books/NBK22148/

DashOneBravo

(2,679 posts)

12. So it looks like he planned it

Reply to LiberalArkie (Original post)

Thu Mar 26, 2020, 08:57 PM

Mar 2020

“MSNBC’s Senior Business Correspondent Stephanie Ruhle called his interview ‘wildly irresponsible.”

And now the reporting is he made 2.6 billion.

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