Zombie The Coronavirus Financial Thread (Personal, Local, National)

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jonnyboy said:
No clue. Maybe nobody knows. As far as I can tell nobody knows jack shit about this virus except that the only way to prevent it is to shop at Walmart, avoid nature, fresh air and sunlight at all costs and drive around in your car with a mask on.
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Do you have a family? Wife and kids?
 
jonnyboy said:
What’s the alternative? The virus isn’t going anywhere whether we all hide in our closets or not. Might as well let all the young fucks develop antibodies and not be carriers to give it to the old.
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So I assume you are quarantining for a couple of weeks now, so that your antibodies can have a chance to develop while not infecting other people who don't choose to voluntarily contract the virus?

barfo
 
barfo said:
So I assume you are quarantining for a couple of weeks now, so that your antibodies can have a chance to develop while not infecting other people who don't choose to voluntarily contract the virus?

barfo
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Yeah totally doing that.
 
SlyPokerDog said:
Portland Restaurateur David Machado Will Close All of His Restaurants Permanently

The man behind places like Nel Centro and Altabira City Tavern will close every restaurant he owns

A Portland restaurateur has announced that he will close not one, but all of his five restaurants because of COVID-19. David Machado, a hotel-based restaurateur, will be permanently closing the rooftop bar Altabira City Tavern, Citizen Baker, Italian restaurant Nel Centro, Pullman Wine Bar and Merchant, and Northwestern bistro Tanner Creek Tavern. “There’s no pathway back to a viable business,” Machado says, referencing the many hurdles that the restaurants will likely face if reopened.

There are a few factors that make David Machado Restaurants especially vulnerable to the perils of reopening — perhaps most obvious is that all of them are housed in hotels, and there’s no indication at all when Portland’s tourism scene will return to anything approaching normal. Additionally, each of them relied heavily on a steady stream of concert, sports, and event-goers — Nel Centro was a popular spot for ticket-holders going to a show at the Keller Auditorium, while Altabira and Pullman pulled in Blazers fans heading to the nearby Moda Center and crowds attending the various events at the Convention Center across the street. Tanner Creek Tavern’s position in the Pearl meant that most nights saw diners headed to shows at the Armory, or stopping in for a post-performance drink.

Even the flashy design of the restaurants, once a selling point, is now a hindrance, as large dining rooms with hundreds of seats surrounding a central bar wouldn’t fit the new state guidelines for reopening, Machado says. “There’s going to be increased labor because of safety, sanitation, preparation, moving tables and chairs... opening duties, closing duties, hosting — everything changes. It will require more labor but we anticipate revenue going down 50 to 70 percent,” he explains. The private dining rooms in each restaurant would have to stay closed as well — social distancing is impossible in such intimate quarters.

Machado spent the last 40 years of his life in restaurants, the last 30 of them here in Portland. Nel Centro, which opened in 2009, was his first while his most recent, Pullman Wine Bar and Merchant, opened last September in the same Hotel Eastlund as Altabira. “I’ve had a long and successful career, I wouldn’t change anything,” Machado says. “But I had 170 employees that are now unemployed.” If he did reopen restaurants, and then a lack of revenue or a resurgence of the pandemic forced them to close again, it would just be worse. “I could not bear to go through layoffs again.”

He’s not feeling optimistic about the future of Portland’s restaurant scene as a whole, due to the pandemic. “I think more of what I’m telling you is going to happen in the next 30 days,” Machado says. “It has the potential to wipe out the owner-operator class: the mom and pop, independent places owned by one or two people... All the businesses grown from passion and creativity. It leaves the corporations, the highly capitalized with more space. Portland is built on the entrepreneurial spirit, it’s what’s made this city great,” says Machado. “This attacks the very notion of who are.”

https://pdx.eater.com/2020/5/22/212...virus-nel-centro-altabira-city-tavern-pullman
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Never been to any of those restaurants nor even heard of them.
riverman said:
and enjoyed it both times!
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yankeesince59 said:
JB, I enjoy the old one too, hell, everyone does, but IMO, this is not the time to play loose...not yet.
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It better be soon. It makes no sense to destroy thousands of lives to save hundreds of lives.
 
tlongII said:
It better be soon. It makes no sense to destroy thousands of lives to save hundreds of lives.
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Huh?...did you even read what/who I was responding to?...JB was describing what he had done the night before which was hanging out in a crowded bar. I simply commented that I thought he was pushing the envelope a bit and he didn't seem yo have a problem with what I said.

Not sure how that "saves hundreds of lives"...and refraining from going to bars certainly doesn't "destroy thousands of lives".
 
yankeesince59 said:
Huh?...did you even read what/who I was responding to?...JB was describing what he had done the night before which was hanging out in a crowded bar. I simply commented that I thought he was pushing the envelope a bit and he didn't seem yo have a problem with what I said.

Not sure how that "saves hundreds of lives"...and refraining from going to bars certainly doesn't "destroy thousands of lives".
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I wasn't really responding to you specifically or your post. It's just my feeling on how we're dealing with the pandemic overall. I wasn't trying to criticize you personally.
 
Food carts are going to own the restaurant biz.....Portland is way ahead of the curve...drive in music concerts have already begun...Alan Jackson did one today...we're looking at a generation that will park in the mall and shop in the parking lots
 
riverman said:
Food carts are going to own the restaurant biz.....Portland is way ahead of the curve...drive in music concerts have already begun...Alan Jackson did one today...we're looking at a generation that will park in the mall and shop in the parking lots
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scary, sad
 
SlyPokerDog said:
They're giving free rooms out everyone on the strip.
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I heard only a few hotels, 25-50% capacity? I think there will be high demand.

I'd like to stay at Red Rocks or something. Nothing really drawing me to the strip unless its the Wynn or Palazzo or Bellagio (nice, uncrowded pools).

Maybe Ceasars Palace, who knows. We'll see whats up. Nothing booked up yet.
 
EL PRESIDENTE said:
I heard only a few hotels, 25-50% capacity? I think there will be high demand.

I'd like to stay at Red Rocks or something. Nothing really drawing me to the strip unless its the Wynn or Palazzo or Bellagio (nice, uncrowded pools).

Maybe Ceasars Palace, who knows. We'll see whats up. Nothing booked up yet.
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I'm staying at Delano. They have their own pool and if MB's pool isn't crowded I can sneak down there.
 
tlongII said:
I wasn't really responding to you specifically or your post. It's just my feeling on how we're dealing with the pandemic overall. I wasn't trying to criticize you personally.
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Fair enough...just thought it was odd that you made the point of quoting me for some reason, before making your comment.
 
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