Bulls, Bears, and Pigs 0
A pandemic is, at this point, no more than a possibility, though the flu has already spread to Europe. The financial symptoms are already severe.
Mexico City’s streets were empty Sunday as an estimated 1,614 people in Mexico contracted the swine flu, killing 103 people.
(snip)
“Given that the virus strain is apparently transmissible from human to human, a feature that none of earlier bird flu outbreaks displayed, there is reason for concern,” said analysts from the Swiss brokerage Sarasin.
Bloomberg reports that the financial and commodities markets are also taking a hit:
Over at ASZ. Steve reminds us that the Republican Party thinks that the Centers for Disease Control is just so much pork. Follow the link for documentation and citations:
I think this is perhaps because
- pork is the only policy that Republicans understand and that
- money expended on the public health does not make the rich richer (except possibly Big Pharma), nor the poor poorer. It is therefore pork that is unacceptable to the Party of Nope.
Disregard their words and look at their actions: Making the rich richer and the poor poorer is the core belief and practice of Republicanism. Anything that does not further that goal is unacceptable.
