Bill Ackman advises President Trump to shut down the US

Billionaire hedge fund manager Bill Ackman is calling on President Trump to shut down the U.S. in order to curtail the COVID-19 pandemic.

Jonathan Garber for FOXBusiness:

“Mr. President, the only answer is to shut down the country for the next 30 days and close the borders,” Ackman, CEO of Pershing Square Capital Management, tweeted Wednesday.

“Tell all Americans that you are putting us on an extended Spring Break at home with family,” he added. “Keep only essential services open. The government pays wages until we reopen.”

“Please send everyone home now,” Ackman tweeted. “With your leadership, we can end this now. The rest of the world will follow your lead. A global Spring Break will save us all.”

Yun Li for CNBC:

“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.”

In the emotional interview, Ackman revealed he went into lockdown almost a month ago to save his father’s life who is immunocompromised.

“The only shared sacrifice that is going on right now is the health-care community, the nurses, the doctors, the people taking care of patients. Those people are making enormous sacrifices,” said Ackman. ”[The president] is not saying storm the beaches of Normandy right, he’s saying go home, go home, spend a month with your family.”

MacDailyNews Take: “Hell is coming.” “America will end as we know it.” It doesn’t get much starker than that. Again, even if you think Ackman is overstating or misreading the situation, it’s better in this case to overreact. Stay home. Stay away from others. Be smart. Let’s work together to blunt the coronavirus as much as possible!

Here’s the plan: Allow the virus to spread to people who are not really affected by it while protecting the vulnerable as much as possible. If the group that recovered from the virus is large enough, herd immunity will protect the vulnerable against the virus. This will happen naturally, as some people have to work and some people will just not heed the warnings and properly distance socially. With the current measures already advocated and in place, the U.S. and other governments are trying to “flatten the curve” as much as possible to spread the peak of infections over a longer period. This way immunity is built up in the population that is best-equipped to survive it while the healthcare system is not fatally overloaded. Those who need help to fight and survive the virus will have access to the hospitals, doctors, nurses, and equipment they need. Most people who contract COVID-19 will not need hospitals, doctors, nurses, and equipment. They will get sick, their immune system will do its job, and they will be immune.

If no measures were taken and the virus were allowed to spread unhindered it would make too many people sick quickly, overloading the healthcare system (see Wuhan initially, Iran and, to some extent, Italy). On the other extreme, a “total lockdown” as advocated by Ackman is not the best option because it would result in fewer cases of COVID-19, but as soon as those controls were relaxed, the virus would spring right back into action and we do not and will not have an effective vaccine that is deemed safe for a year at least.

More info on the Prevention & Treatment of Coronavirus Disease 2019 (COVID-19) via the U.S. CDC is here. Track the Coronavirus COVID-19 Global Cases by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University (JHU) here.

66 Comments

  1. I think the US is already shutdown for the most part. While you can always perhaps go farther perhaps, its debatable as to whether more would accomplish much until we have more data

    1. The US is nowhere near shut down. Shut down means you do NOT leave your house. When you do, it is only one designated member of household. You must have a pass to show police as to why you have left your house. Welcome to life in Italy. Things have not even started in the US

  2. I think a month of social isolation with more in store has made Bill a bit nuts, but I’m now a first-time gun owner. You never know how bad things could get. We’ve all seen the movies. I’m happy to have my second amendment rights in times like these.

    For those wondering, I got a GLOCK 19. Quality Austrian semi-auto pistol. https://us.glock.com/en/pistols/g19

      1. Any cheap shotgun beats your Glock in 99% of home defense situations.

        A paper sign on your front door reading DO NOT ENTER CORONAVIRUS QUARANTINE is equally effective and far less expensive.

        Thanks for spreading the paranoia on MSM, hypocrites.

        1. It’s hardly paranoia, since places like Philadelphia are letting thieves out of jail and telling the police to reduce the number of arrests. Some clown can walk up to your door, think ‘hey, they are all sick inside’, and use your sign on the front door for toilet paper.

          1. Where do you get this stuff?

            No violent offenders are being released. If you are paranoid, then stay home. It’s a big scary world out there. Get full body armor and a positive pressure clean suit just in case you ever need to pick up milk from the corner store.

    1. Dumb in the extreme, once again should the farmers, call it a day, it isn’t the end of days. Only a new Coronavirus one of many to come if man continues to eat small things that hide in caves and live in burrows.

  3. The Wuhan virus is highly contagious, is likely spread by some with no symptoms and may have a mortality rate ten times that of the seasonal flu. This beast hasn’t even started its run in the States. Add to that that some may not be receptive to the “draconian” measures being implemented in some countries. Let alone the horrific measures taken at ground zero China. Advice for Americans from a quarantined Italian – if you think you have prepared, you haven’t even started to prepare. Things will deteriorate rapidly… within days, not weeks.

  4. This is dumb, and here is why: The idea behind Bill’s request is we can somehow “stop” Covid-19 cold. No one can. Rather, it will be with us virtually forever. All we can do is curb the speed at which it spreads so as to not create true massive panic and overwhelm the health care system.

    A few thousand a day spread? That’s incredibly slow for a population of 320 million. Further action only severs to kill the US and world economies and destroy US families.

    1. Keep in mind that the Wuhan virus transmission rate is estimated to be anywhere from 1.2 to a high of 2.4. This means that for each confirmed case, an estimated additional 1.8 (average) people are infected. So, for each 1,000 confirmed cases, there could be an additional 1,800 undetected cases (as they are in various stages of the incubation period – which is not fully known/ understood at this point). So, if there are 1,000 cases each day, there are probably closer to 2,800 per day. Or about 20,000 per week. Additionally, cases increase exponentially over time. This is why epidemics and pandemics typically have a steep bell curve. This is partly why explosive numbers have been seen in China, Hong Kong, Korea, and many parts of Europe. With such a large population available to infect in the US, Wuhan still has lots of room to stretch its legs. This is why with only 7,000+ cases so far, some believe we have barely started on the upside of the bell. Wuhan has barely started its run in the US. So, we are left with a nearly impossible choice; destroy economies, families and lives, or both. So, yes, extremely harsh and painful measures are in order. But, not as painful as losing loved ones.

    2. Incredibly slow? Didn’t the US just see a 40% increase in cases within 24 hours? We are all hoping for a slow spread, but that is going to take EXTREME measures. Remember, it takes about 10 to 14 days to see the effects of the steps we take today. There is a lag. For example, we won’t see the virus effects of all of the spring break party goes until late next week. As some people have suggested, with only 10,000 cases so far, the virus has plenty of room for growth. Shut it down!

  5. A statistician explained that for every 1 death there are approximately 500 in various stages of being infected. This estimate comes from the data of how quickly the virus spreads and the statistics of death percentages. If the US is 100 dead it’s 50,000 infected for sure. If the global number is 8,892 dead that’s 4,446,000 infected worldwide.

    1. Actually probably more complicated. When one person does, at that moment there are 500 infected. But some of those deaths were weeks and months ago. So on the one hand the number would be bigger from continued spread. On the other hand the number would be smaller because 98% of those infected a month or longer ago are now healthy and immune.

  6. Say the billionaire. Fuck him. If he is so concerned, give your money to people in need. Fuck these rich bastards who think they have the right to tell people how to live.

      1. In many cases, yes. Hand anyone a pile of cash like Frank Trump did and it will practically guarantee the brat on the receiving end grows up to be an entitled thin skinned condescending prick. Some even become habitual liars and cheaters.

  7. People here calling it the ‘Wuhan’ virus and other xenophobic crap (yes today calling it Wuhan is deliberately racist. Do they or senior officials call Ebola the ‘Black African Virus’ ? Or H1N1 the USA Contagion ? etc)

    A long time ago I said that being xenophobic is gonna to kill us.

    Why? because of the refusal to look at China and other Asian countries like Singapore, South Korea who have CONTAINED the virus. (new local Infections in China with 1.4 billion people was ONE a few days ago)

    They say ‘it’s IMPOSSIBLE to contain the outbreak’ which flies into reality of their success.
    Even if they acknowledge success, Xenophobe racists like here spew “horrific measures” etc to explain how they did it.

    Korea had the virus early. Was hit bad because a cult with hundreds of thousands of followers hid infected followers from authorities and the disease spread all over Korea.

    Yet they managed to contain it. Deaths less than 100 compared with about 3000 in Italy.
    South Korea used methods from China about heavy testing, contact tracing, quarantine etc.

    A relatively small country they set up 100 plus mobile testing centres and labs in 2 weeks. Which run 24 hours a day. Altogether with fixed facilities they have 633 testing centres.

    If you test negative you get a text on your phone. If positive a phone call which gives further instructions.
    Many more innovative methods.
    Are these methods “HORRIFIC” ?

    China also contained the outbreak, Apple products are coming out, new infections internally down to sub 10 daily . Death rate contained to 3000+ which is about Italy .
    Full Lockdown was only implemented in one city Wuhan,

    Racist Xenophobes refuse to see this and study how they succeeded.

    They dismiss WHO teams who visited these countries and came out with SOLUTIONS , racists said “Don’t listen to WHO, it’s socialist beholden to China and run by a BLACK ETHIOPIAN” (yes i read that Black Ethiopian quote right here at MDN , just like I keep reading ‘Wuhan’ virus)
    I even here the same crap from American officials and TV network doctors to ignore China, Korea data.

    One TV doctor stupidly said “Now with Italy the Administration FINALLY has REAL data because it’s ‘Western’ (i.e White) ” ignoring two months of data from China, Korea etc. No wonder we are screwed.

    Here again (as a public service), is video of Dr. Aylward a Canadian specialist who led the fight against Ebola, Zika, who led a team of USA, European etc doctors into China to study an outbreak. He gave insights to China’s implementation of Contact tracing, social distancing, use of A.I to track outbreak clusters, need for ventilators etc.

    I posted it weeks ago MAYBE PEOPLE SHOULD HAVE LISTENED. Many many issues the west would have avoided now if they listened.

    2 hrs long. A recipe of how outbreak was fought and contained.

    HIs comments are echoed by various talks given by Ian Lipkin, USA infections disease specialist who was at the China outbreak from the Start.

    Lipkin on PBS said China gave info early to the world and was transparent:

    ““But if they were not being transparent, they would have told us the numbers were going down long before they did. Everyone knows that there’s no way to contain this kind of information anymore. You have to be transparent. So, that also is good. ”

    Here is a shorter Lipkin interview on FoxNews

    https://video.foxnews.com/v/6141610029001#sp=show-clips

    1. Downvote idiots you can’t refute anything I said

      Look at new macs, iPad etc coming out from China. China outbreak contained Korea contained.

      Meanwhile after 2 months not even sufficient testing in America

      Like I said stupid xenophobic racism among people idiots including administration going to destroy economy and kill people.

      Outbreak solution already there for weeks. Idiot xenophobes won’t look at it.

      1. Yep! And neighborhood leaders doing door to door checks in Wuhan and surrounding townships are starting to find bodies in apartments. Yep, contained! If you are dead, that is pretty darn contained. Check for reports on We Chat and Weibo. But, better be quick before Daddy Xi deletes them.

      1. The dudes who screws up in Wuhan removed. And central government took action. Virus contained. (The USA didn’t screw up with tests, mis -understandthe danger etc ? Worse America had two months warning… )

        Go look at the Mac and iPad out showing China outbreak CONTAINED . or is REALITY staring you in the face invisible due to xenophobic blindness?

        So you going to ignore all the data , all the solutions that brought a giant 1.4 population outbreak under control because of some local Wuhan politicos mistakes?
        “We’re not going to look at the solutions they used to get it under control because some local Wuhan politico made a mistake” ?

        INSTEAD you want to watch economy fall apart, spend a trillion dollars on payouts, and then STILL have NO LONG term solution. What happens in a months time when have half hearted measures have to be lifted in USA. Would it be SOLVED ? Nope.

        so that’s OK, destruction fine, you say ” at least i didn’t have to listen to any Chinese, South Korean solutions.” Stew in the wreckage with no end in sight as you enjoy you xenophobia ?

        YOU guys are like NAZIS who kicked out the NUCLEAR SCIENTISTS in the 1930s because they were ‘JEWS’. Who later built the Atom Bomb for US. The Nazis said : “We don’t listen to stupid Jews” just like here we don’t pay attention to (lying, idiot, stupid — I read these descriptions here at MDN) Chinese and Koreans and Singaporeans

        No Matter how you guys spin it , the Admid f–ked up.
        Two Months and no enough tests. Koreans testing 20000 a day , Chinese at one point 46,000 a day.

        1. Yes, it may be contained in China (or not – who really knows). But, again, could you really accept the methods used for containment in China? I’m not talking about the methods in The WHO’s candy covered report. I mean the methods reported by the victims of the communist regime that were reported on social media and grabbed by overseas supporters of freedom before being deleted by the commies. Yes, maybe it is contained in China. But we aren’t quite ready to take those steps.

          1. GWAD.

            “Yes, it may be contained in China (or not – who really knows)”

            . Who knows ? So it’s ZOMBIE workers making the new macs and iPads Apple just announced? the new Macbook does not exist?

            Apple said it opened ALL it’s Stores in China while closing elsewhere is Tim Cook lying through his teeth?

            whatever man.

            I can’t win against crazy xenophobia.

            (if it can SAVE me I don’t care if the solution came from a ‘commie’ or a pink three eyed giraffe. Aylward said Testing, contact tracing, need for extra ventilators etc WEEKS ago and people didn’t listen. See what’s happening now … )

          2. OK so there were ‘bad things’ so like I said you guys going to ignore the Aylward WHO, Ian Lipkin (American Columbia university) etc info on how the outbreak could be contained , not use the info because of that? All solutions discredited ?
            Throw the baby out with the dirty bath water ?

            Let me requote: Ian Lipkin (who was there at start of outbreak) on Chinese transparency, said they were transparent from early on:

            “But if they were not being transparent, they would have told us the numbers were going down long before they did. Everyone knows that there’s no way to contain this kind of information anymore. You have to be transparent. So, that also is good.”

            You ALSO GOING TO IGNORE THE KOREAN DATA (they use many Chinese methods), less than 100 dead? Basically contained. Factories open.

            Why aren’t people following that? Obviously they are not as Koreans as i said have 100 plus mobile test sites with Labs in 2 weeks, altogether 600+ testing sites which the USA after two months not remotely equal. If you scale using Korea’s solution USA should now have thousands of testing sites.

            why did USA Admin ignore or unable to do that Korean testing solutions?
            Koreans are NOT ‘COMMIES’, have democratic elections
            So what is the excuse now ?

            Similar Singapore. Democratic. More or less contained. I believe last i read ZERO deaths.
            Also using modified China methods.

            Go study how they did it.

            But whatever . Don’t think I’m going to convince anyone here.

            1. What? “Bad things” happened in China? But I thought their containment methods should be studied, admired and copied. Let’s look at the numbers from the John Hopkins site: Only 324,900 deaths with just 81,137 cases. And no new cases in ALLL of China yesterday. Amazing!!! Only Kim Jong-un deserves higher praise!

            2. @Bad things in China

              “Only 324,900 deaths with just 81,137 cases. And no new cases in ALLL of China yesterday. Amazing!”

              What are you babbling about. Deaths China about 3200. Italy with fraction of pop. reaching there unfortunately. China new cases 34 (majority from returning citizens after Europe lock down).

              They contained an outbreak of 1.4 billion, twice europes population in about 2 months. Factories opening to full . Apple stores opened. etc.

              USA , governor after governor complaining : “Not enough testing, not enough masks, ventilators, spare beds” after 2 months warning.

              No real ‘end game’ solution in USA in sight.

              That’s the reality. Call it ‘Wuhan Virus’ etc as deflection, doesn’t change anything.

              Want to learn or suffer? even if you don’t get sick or die, the economy will suffer.

            3. Unfortunately you will never convince the core of MDN posters that empirical evidence is important. I’ve been posting about the seriousness of the approaching disaster for weeks. Many negative, hilariously uninformed, comments, ad hominems galore, xenophobia on the rise, hateful, insulting divisive misinformation and now the gun brigade are flexing their muscles. America is marching unconcerned into internal.conflict. There I said it.
              Trump has achieved his aim…”American Carnage” and the cultists are gloating as though the US has won, in total denial of the unfolding drama. Common sense, decisive actions and accepting the scientific consensus is now apparently ‘anti constitutional ‘, a plot to dethrone “our great leader”. There is zero chance of an admission that it could been hugely ameliorated by prompt action.
              Just great.

        2. It is the commies who f-ked up. You know… ignoring cases of pneumonia in Wuhan, arresting doctors, deleting social media posts, allowing free travel out of Wuhan and the rest of China, not allowing The WHO into China to assist or investigate for months, silencing the press, withholding data and assistance from neighboring Taiwan. The current administration is doing a great job in comparison. Open your eyes and get educated!

    2. “First of all, Wuhan is a place and not a race, and to identify the coronavirus by its place of origin, like naming the Ebola Virus for a river in Zaire, is not racist or xenophobic — it’s merely accurate. There is no racism or xenophobia in labeling an infection “Rocky Mountain Spotted Fever” or calling something “Lyme Disease” after a nearby town in Connecticut.” From American Thinker

      1. You’re a moron. They deliberately stop using terms like Rocky Mountain Fever etc TODAY as they consider it inappropriate.

        It was named Rocky Mountain Fever in 1800s. You know when they had African Slaves in USA and used the ‘N’ word ? (Are you going to say they used the N word openly then it’s OK now?)

        That’s why among civilized nations and peoples they have new naming schemes and call it COVID 19.
        The reason is because it’s hard to point start of diseases. AIDS was first thought of as a North American disease before they traced it elsewhere.

        You guys don’t even have the COURAGE to be freaking honest they you deliberately use Wuhan Virus to denigrate the Chinese? C’mon at least have the BALLS to admit it.

        At least Hitler had the balls to admit he was racist assjack.

          1. LOL admitting to being a racist assjack.

            I thought pond scum DNA like yours died in the Bunker in Berlin.

            Fact is ignoring action because of racism is going to affect you more than me.

            I live on an island an hour and half from Seattle. Walked on the beach just now. Comfortably retired. No need to work. No need to interact with anyone. I’m going to just sit this through.

        1. 4 different days of the same impassioned message for others to agree with your message that the readers here are racist and xenophobic.

          Time Machine beat dead horse. Horse dead except in his mind. Over_out_bye.

      2. Except the CDC’s website specifically warns against it.

        Why might someone blame or avoid individuals and groups(create stigma) because of Covid-19

        People in the U.S. may be worried or anxious about friends and relatives who are living in or visiting areas where COVID-19 is spreading. Some people are worried about the disease. Fear and anxiety can lead to social stigma, for example, towards Chinese or other Asian Americans or people who were in quarantine.

        Stigma is discrimination against an identifiable group of people, a place, or a nation. Stigma is associated with a lack of knowledge about how COVID-19 spreads, a need to blame someone, fears about disease and death, and gossip that spreads rumors and myths.

        Stigma hurts everyone by creating more fear or anger towards ordinary people instead of the disease that is causing the problem.

        How can people help stop stigma related to Covid-19

        People can fight stigma and help, not hurt, others by providing social support. Counter stigma by learning and sharing facts. Communicating the facts that viruses do not target specific racial or ethnic groups and how COVID-19 actually spreads can help stop stigma.

        ^^^ From your own government. It’s good and the right practice in the tense febrile state we are in.

      3. “First of all, Wuhan is a place and not a race, and to identify the coronavirus by its place of origin, like naming the Ebola Virus for a river in Zaire, is not racist or xenophobic — it’s merely accurate.“

        The most accurate and sober response I have read to date, take a bow 🙇‍♀️ and thank you.

        The “Spanish Flu” if I remember correctly, killed more people than any other global pandemic and was also accurately named for place of origin.

        Biologists, one I work with on an international scale is a renowned PHD fisheries biologist, author, columnist, NPR guest, his profession routinely names and classifies species as native by geographical origin. German Brown Trout is the Rosetta Stone classic example in my personal interests.

        Trying to convince politically correct Libtards like Time Machine is a TOTAL WASTE of time.

        He or she is more concerned with recklessly throwing around politically correct “xenophobic” labels to cower those like you and me who think differently and post the TRUTH. Well, guess that failed miserably. 🤣

        Responding to biased “moron” posts is a waste of time…

          1. Exactly! Downtown Philadelphia at the swank Bellevue Stratford three blocks from my college dorm room once upon a time. They were also filming Rocky around that time…

            1. Temple is a good 45+ minute walk up Broad St. in North Philly. The college I went to is South, blocks you can count on one hand from the hotel on Broad. Both the college and hotel have different names present day so old timers will most likely get the following: back in the day it was known as PCA. 🤠

    3. “People here calling it the ‘Wuhan’ virus and other xenophobic crap (yes today calling it Wuhan is deliberately racist.”

      Absolutely NOT, @TimeMachine!!!

      I believe you are the racist.

      https://www.cdc.gov/coronavirus/mers/index.html

      “Middle East respiratory syndrome-related coronavirus, or EMC/2012, is a species of coronavirus which infects humans, bats, and camels”

      So, is calling MERS, racist? Don’t tax yourself your head may explode… 🤣

      1. MERS is SPECIFICALLY one reason Tedros of WHO said they changed the definitions to stop geographic identification.

        WHO
        “”Under agreed guidelines between WHO, the @OIEAnimalHealth & @FAO, we had to find a name that did not refer to a geographical location, an animal, an individual or group of people, and which is also pronounceable and related to the disease,” said Dr Tedros Adhanom Ghebreyesus, Director-General of the WHO.”

        Like I said , want to be racist (only reason to use Wuhan instead of the accepted COVID 19 is to degenerate Chinese and by inference Asia Americans) at least have the BALLS to admit it.

        Cowering around definitions when EVERYBODY KNOWS THE UNDERLYING INSINUATIONS is just squirrelly cowardice.

        1. Horse dead, Time Machine. Horse can no longer lift head. No evidence of breath.

          Again, horse dead. You beat horse dead.

          OCD alive and driving Time Machine. Problem solved elsewhere.

          1. Hey squirrel coward. Want a nut?

            (like i said ignore the China, Korea, Singapore data, countries that contained the outbreak because of whatever xenophobia crack you’re on and you’re just going to suffer.

            Better to tell your political reps to look at the data.
            .
            Opps maybe your rep is Mario Balart republican now infected.

            New iPad, Macs FROM CHINA staring you in the face. Apple Stores in China OPEN.
            What does that tell you ?)

        1. “Firstfuck identifies all science as leftist.”

          The leftist absolutist Paul is so cute with his hate and denigration. Name calling accomplishes NOTHING and speaks volumes about you.

          Specifically, you did not DISAGREE with ANYTHING regarding Firsty’s main point.

          The WHO is a CLUELESS leftist organization and partner of the equally CLUELESS United Nations. Also, both parents of the CLUELESS Paris Climate Accord President Trump rightfully put an end to USA involvement.

          All three groups are protected and supported media darlings with noble goals, but the reality is they waste billions accomplishing next to NOTHING.

          The media does not have a problem with all three. The Democrats don’t have a problem with wasteful government spending they often create. Liberals are clueless and not worth mentioning.

          Bottom line: Independents and conservatives DO have a problem with exorbitant spending with little results to show for it. So, get a grip people…

    1. “Things are only racist if Trump says it.”

      Absolutely correct! You won’t read that in the lamestream media that denigrates everything about the man every minute…

        1. Once again you have a deflection problem not specifically answering posts you denigrate.

          The topic Paul is it is not racist for others to say MERS, but if President Trump said it he would be denigrated thoroughly by the biased press. Agree or disagree?

          Spare us MORE deflection, we get you HATE Trump. Simply answer the question for a change…

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