When Donald Trump isn't foaming at the mouth or howling at the moon, he is quietly assembling an American Renaissance.
Once more, the Dow is not the best economic indicator and a market correction is as certain as a rainy day. But a high DJIA is better than a low DJIA. Meantime, most other economic indicators (except perhaps the value of the dollar and that might also be in for a resurgence) are encouraging. My crystal ball shows ups and downs but it does not reveal an eight-year malaise.
These days I post less and smile more. We have a man in the White House who has never tasted booze, never smoked a cigarette and never fried his brain with exotic drugs. His vices include Diet Coke, meatloaf, ice cream and golf. Perhaps the prosecution should rest its case right there.
Should the prosecution require more ammunition, they might remind us that the president believes people have conspired against him and even "tapped his wires." Oh wait a minute, his paranoid fears are legitimate? They have all been confirmed? Well he does watch "Morning Joe!" OK, so the president is guilty of bad taste. That charge might stick.
This might be remembered as the era of the snicker and the shrug. A news cycle is consumed by discredited networks parroting a discredited author quoting a discredited source. We shrug at the claims of significance and snicker at our overlords' best efforts to control thought. Their minds spin 24 hours a day and all they can come up with is a Soros-sympathetic buffoon calling the president's son a traitor? Where have you gone, George Orwell? A fourth estate turns its lonely eyes to you.
Recently we heard that Dow 25 would trump the 25th Amendment. Dow 25? That is yesterday's coffee, dude. We are at 25.8 and we could hit 26 as early as next Tuesday. By February 1, Dow 25 might fade from our rear view mirror. The Dow 25 Era might surpass New Coke and Eliot Spitzer's TV show on the list of things that did not stick around very long.
So Trump is crazy? Let's hope he is forever denied access to treatment.
Saturday, January 13, 2018
Wednesday, January 10, 2018
The Star Witness In The Prosecution Of Mike Pence Reveais His Sources
IF YOU ARE SHORT OF TIME, FAST FORWARD TO 13:00
Maybe He Has Lost His Mind
First he suspended the commission on voter fraud because Dem pols weren't cooperating. Very un-Trump.
Then he says he will sign any bill of love Congress might out in his face.
Hours ago he said we might rejoin the Paris Accord.
Maybe he has lost his mind after all.
Then he says he will sign any bill of love Congress might out in his face.
Hours ago he said we might rejoin the Paris Accord.
Maybe he has lost his mind after all.
Tuesday, January 9, 2018
Did The Republican Tax Bill Kill The Day Trader?
I was probably duped. I thought the GOP tax bill was a good thing but I guess I should have read the fine print. By declaring every trade, a "taxable event" it makes compliance virtually impossible.
In years past, traders paid taxes on their net gains. Now, they are required to calculate the dollar value of a coin or currency or commodity at both the time of purchase and the time of sale. A trading bot can make hundreds of trades an hour. Calculating the US dollar value of a commodity at time of purchase, then recalculating its exact value at the precise tick when a portion is sold would ultimately result in a mountain of paperwork that no real trader could complete.
But the tax bill might be more onerous than just the compliance factor. If every trade is a taxable event, trading as we know it, will grind to a halt. This would be catastrophic. And yes, it would mean fewer dollars for the treasury.
Day traders might not make great poster children but that is not to say that they don't play an important role in supporting the integrity of securities markets. And if they are all chased offshore, America is NOT made great again.
Most of the focus so far has been on cryptocurrencies. Maybe there is a big bank conspiracy to kill off competition. But the tax bill will crush FOREX and commodity and stock traders as well.
THIS GUY SPELLS IT OUT
MORE BAD NEWS
BAD NEWS IN LEGALESE. CAN YOU IMAGINE KEEPING TRACK OF LIKE KIND FORMS IN ADDITION TO YOUR TRADES?????
In years past, traders paid taxes on their net gains. Now, they are required to calculate the dollar value of a coin or currency or commodity at both the time of purchase and the time of sale. A trading bot can make hundreds of trades an hour. Calculating the US dollar value of a commodity at time of purchase, then recalculating its exact value at the precise tick when a portion is sold would ultimately result in a mountain of paperwork that no real trader could complete.
But the tax bill might be more onerous than just the compliance factor. If every trade is a taxable event, trading as we know it, will grind to a halt. This would be catastrophic. And yes, it would mean fewer dollars for the treasury.
Day traders might not make great poster children but that is not to say that they don't play an important role in supporting the integrity of securities markets. And if they are all chased offshore, America is NOT made great again.
Most of the focus so far has been on cryptocurrencies. Maybe there is a big bank conspiracy to kill off competition. But the tax bill will crush FOREX and commodity and stock traders as well.
THIS GUY SPELLS IT OUT
MORE BAD NEWS
BAD NEWS IN LEGALESE. CAN YOU IMAGINE KEEPING TRACK OF LIKE KIND FORMS IN ADDITION TO YOUR TRADES?????
Monday, January 8, 2018
Bill Kristol Tweets About Oprah.
Oprah.#ImWithHer
Oprah: Pro-regime change in Iraq (see her Oct. 9, 2002 show).#ImWithHer
Oprah: Friend of Allan Bloom (see her show "How Dumb Are We?" from I believe 1988).#ImWithHer
Oprah: Sounder on economics than Bernie Sanders, understands Middle America better than Elizabeth Warren, less touchy-feely than Joe Biden, more pleasant than Andrew Cuomo, more charismatic than John Hickenlooper.#ImWithHer
Hat tip to Pacific Pundit for compiling these.
Will Pizzagate/Pedogate Make America Suck Again?
In the 1980's and 1990's America endured a series of child molestation wrongful accusations. Wikipedia provides a tip of the iceberg overview:
https://en.wikipedia.org/wiki/Day-care_sex-abuse_hysteria
Repeat, this is the tip of the iceberg. If Pizzagate/Pedogate continues, we can revisit some of the absurdities and miscarriages of justice in these scandals. My hope is that we learned lessons from these abuses of power that might not ever be repeated. It seems I was overly optimistic once again.
Having escaped childhood and adolescence without being a victim of anything approaching molestation, maybe I tend to minimize the extent of the problem. Yes, there were weirdos in my day. A girl who lived down the street warned me that the father of some acquaintances was "dirty." In high school there were a couple of "funny" teachers but they could be politely avoided and as far as I know, they were always avoided.
Even with some minimization, I don't think that conspiratorial child molestation is all that prevalent. Nor do I believe that ritualistic child molestation is all that prevalent. Nor do I believe that being born into old money necessarily means that one has been exposed to and probably a participant in, ritualized and unritualized child molestation. Nor do I believe that clubs with secret rituals are necessarily child molesters.
It gets even more bizarre. Without a shred of evidence, we are told that elite globalists drink the blood of children as part of their antisenescence regimen. Conspiracies do exist but not every conspiracy is diabolical and not everyone who disagrees with you is a closet Satanist and most Satanists do not slaughter children either ritualistically or otherwise.
Some highlighted crazy talk:
1. A Youtube channel with a fair amount of subscribers repeated a rumor that Vice President Mike Pence has molested dozens of children and even murdered one of his victims.
2. A guest--not a caller, a guest--on Clyde Lewis's "Ground Zero" radio show stated that he had been repeatedly sodomized by Justice Anthony Scalia when the guest was a teenager. Furthermore, the hunting lodge where Scalia was found dead is an elaborate front for man/boy relationships. And of course Scalia was murdered. Clyde Lewis, being Clyde Lewis, never did a "hold on a second" or ask for evidence to support such wild allegations.
3. A woman with a lot of Youtube views and a big MAGA following tells us that the Getty Museum in California has underground tunnels and this is damning evidence of child molestation. Can we think of no reason whatsoever why a museum that moves priceless artwork to and fro might install underground tunnels? More imaginative minds have expanded on the Getty tunnels to inform us that they are a portal to safe refuge for Britain's Royal Family. Another tells us that it is not just the Royal Family but all sorts of global elitists who are ready to spelunk beneath the art should that comet hit. Others tell us babies are warehoused there.
4. Tunnels, robes, rituals, secret societies, clubs and of course, a blue blood lineage, are all damning evidence of child molestation if not child slaughter. What is it about this particular subject that makes people toss their rational judgment out the window?
I saw people go off the rails in 2016 with Pizzagate. An aside: Pizzagate is dismissed by MSM as a right wing tin hat conspiracy. If you want to silence something in the MSM, call it right wing. That is a dog whistle if ever there was one. Many of the people who jumped on Pizzagate and would not let it go were Berniebots.
The most prominent Pizzagator is probably David Seaman. I don't know what his politics are but he got canned from "Huffington Post" for saying politically incorrect things about Hillary. Mostly Seaman discusses the evils of HRC, cryptocurrencies and of course, Pizzagate.
Seaman, like a few others who I chose to ignore, could not let the Pizzagate go. Yes, there was one Podesta email that discussed the names and ages of three children that sounded suspicious and should have been investigated by the locals. The rest was circumstantial and subject to a high degree of extrapolation.
John Podesta and his friends are guilty of talking in code. Last I checked, that is not a crime. Because I don't want to spread baseless rumors, I did not offer a counter explanation that pizza and pasta and hot dogs might be code words for licit and illicit drugs. That seems much more plausible to me.
Why would Podesta block off an hour of time for a slice of pizza? I am hesitant to accuse him of anything but I can think of many activities that are more prevalent than child molestation. Ditto, Obama catered $65,000 of hot dogs to the White House. Huh? I can't say for certain what this really means but we know they were not talking about hot dogs. But do we have to jump to the conclusion that little boys were being trucked in for evening?
This is the calm before the storm. If you don't believe me, see the hashtag by that name. 10k sealed indictments? Maybe they do all involve child abuse/human trafficking in some capacity. Maybe I will be proven wrong and we will find out that discarded baby parts provide sustenance for all the alligators in New York's sewers. I doubt it.
Maybe a lot of questions will be answered when we open the envelopes. Let The Storm Begin!
https://en.wikipedia.org/wiki/Day-care_sex-abuse_hysteria
Repeat, this is the tip of the iceberg. If Pizzagate/Pedogate continues, we can revisit some of the absurdities and miscarriages of justice in these scandals. My hope is that we learned lessons from these abuses of power that might not ever be repeated. It seems I was overly optimistic once again.
Having escaped childhood and adolescence without being a victim of anything approaching molestation, maybe I tend to minimize the extent of the problem. Yes, there were weirdos in my day. A girl who lived down the street warned me that the father of some acquaintances was "dirty." In high school there were a couple of "funny" teachers but they could be politely avoided and as far as I know, they were always avoided.
Even with some minimization, I don't think that conspiratorial child molestation is all that prevalent. Nor do I believe that ritualistic child molestation is all that prevalent. Nor do I believe that being born into old money necessarily means that one has been exposed to and probably a participant in, ritualized and unritualized child molestation. Nor do I believe that clubs with secret rituals are necessarily child molesters.
It gets even more bizarre. Without a shred of evidence, we are told that elite globalists drink the blood of children as part of their antisenescence regimen. Conspiracies do exist but not every conspiracy is diabolical and not everyone who disagrees with you is a closet Satanist and most Satanists do not slaughter children either ritualistically or otherwise.
Some highlighted crazy talk:
1. A Youtube channel with a fair amount of subscribers repeated a rumor that Vice President Mike Pence has molested dozens of children and even murdered one of his victims.
2. A guest--not a caller, a guest--on Clyde Lewis's "Ground Zero" radio show stated that he had been repeatedly sodomized by Justice Anthony Scalia when the guest was a teenager. Furthermore, the hunting lodge where Scalia was found dead is an elaborate front for man/boy relationships. And of course Scalia was murdered. Clyde Lewis, being Clyde Lewis, never did a "hold on a second" or ask for evidence to support such wild allegations.
3. A woman with a lot of Youtube views and a big MAGA following tells us that the Getty Museum in California has underground tunnels and this is damning evidence of child molestation. Can we think of no reason whatsoever why a museum that moves priceless artwork to and fro might install underground tunnels? More imaginative minds have expanded on the Getty tunnels to inform us that they are a portal to safe refuge for Britain's Royal Family. Another tells us that it is not just the Royal Family but all sorts of global elitists who are ready to spelunk beneath the art should that comet hit. Others tell us babies are warehoused there.
4. Tunnels, robes, rituals, secret societies, clubs and of course, a blue blood lineage, are all damning evidence of child molestation if not child slaughter. What is it about this particular subject that makes people toss their rational judgment out the window?
I saw people go off the rails in 2016 with Pizzagate. An aside: Pizzagate is dismissed by MSM as a right wing tin hat conspiracy. If you want to silence something in the MSM, call it right wing. That is a dog whistle if ever there was one. Many of the people who jumped on Pizzagate and would not let it go were Berniebots.
The most prominent Pizzagator is probably David Seaman. I don't know what his politics are but he got canned from "Huffington Post" for saying politically incorrect things about Hillary. Mostly Seaman discusses the evils of HRC, cryptocurrencies and of course, Pizzagate.
Seaman, like a few others who I chose to ignore, could not let the Pizzagate go. Yes, there was one Podesta email that discussed the names and ages of three children that sounded suspicious and should have been investigated by the locals. The rest was circumstantial and subject to a high degree of extrapolation.
John Podesta and his friends are guilty of talking in code. Last I checked, that is not a crime. Because I don't want to spread baseless rumors, I did not offer a counter explanation that pizza and pasta and hot dogs might be code words for licit and illicit drugs. That seems much more plausible to me.
Why would Podesta block off an hour of time for a slice of pizza? I am hesitant to accuse him of anything but I can think of many activities that are more prevalent than child molestation. Ditto, Obama catered $65,000 of hot dogs to the White House. Huh? I can't say for certain what this really means but we know they were not talking about hot dogs. But do we have to jump to the conclusion that little boys were being trucked in for evening?
This is the calm before the storm. If you don't believe me, see the hashtag by that name. 10k sealed indictments? Maybe they do all involve child abuse/human trafficking in some capacity. Maybe I will be proven wrong and we will find out that discarded baby parts provide sustenance for all the alligators in New York's sewers. I doubt it.
Maybe a lot of questions will be answered when we open the envelopes. Let The Storm Begin!
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