Tuesday, January 31, 2017

Seems that the Voter Fraud Investigator Was Registered in Three States

Hmm, maybe there is some fire to this smoke.
The man Trump called a voter fraud expert was registered to vote in three states during the 2016 presidential election, according to the Associated Press.
The AP found that Gregg Phillips was registered to vote in Alabama, Texas and Mississippi — although he voted only in Alabama in November.
Kind of wished Trump based it on this kind of advice rather than sour grapes that Hillary won the worthless popular vote.

Wait this Fake Twitter Account "Rogue POTUS Staff (@RoguePOTUSStaff)" Supposed to be News?

Maybe some subpoenas need to be served in the direction of Twitter.
Over the last few days, various anti-Trump rogue organizations have formed, and they’re all tweeting to get the word out. The most prominent such account is called Rogue POTUS Staff (@RoguePOTUSStaff), and it’s run by unknown, unhappy individuals who are supposedly working for the Trump administration.
There’s no way to verify the authenticity of the newly minted Twitter channel, but the rogues have already posted many tweets detailing inside information from the White House.
The White House can check network traffic coming out of the White House and pin-point these kinds of leaks. Imagine if this was coming out of the Obama White House. It would be a national security emergency. 

Chuck Todd Admits they Took it Easy on Hillary

I guess they were in the tank for her more then just the Wiki-leaks emails would have us believe.
“Where I think political correctness got in the way of what we all knew as reporters and didn’t fully deliver was how hated the Clintons were in the heartland,” the “Meet the Press” host admitted Thursday to former Bush White House press secretary Ari Fleischer in a interview for the “1947” podcast.
“And I think it was a fear of, ‘Oh, is it going to look like it’s sexist, anti-woman if we say that?’” he added, pointing out that on the hustings he saw numerous “Hillary for Prison” signs adorning the front yards of rural America. “I think we underplayed it a little bit out of political correctness fears,” Mr. Todd said. “No member of the press corps wants to look like they’re singling out a group and making a group feel bad, right, whatever that [group] is.
That last statement is a strait-up joke. They treat every conservative group like the evil enemy and single them out all the time. Todd lives in such a deluded bubble.

Monday, January 30, 2017

I Can Tell you Why Trump Isn't Following NSC Protocol: He is in a Big Damn Rush for Reasons Unknown

If there were a credible threat I can see the rush but not doing this is asking for trouble.
The first proof of this team's incompetence has been the drafting, vetting and implementation of their ban of people from any of seven nations entering the United States, including those that already live here. Whether or not you agree with the idea, which I do not, the chaos at airports around the country and the massive and spontaneous popular protest of the move might well have been avoided if the NSC system had been used to draft, vet and implement the idea. That system, properly employed, analyses proposals, identifies what will not work, prepares the groundwork with the Congress, media, and interest groups, and ensures that federal agencies are ready to carry out the new policy. Most importantly, the NSC system makes sure that any new policy is actually legal.
I bet Trump would have gotten distracted half-way through the "analyze proposals" stage. I can understand that he is a "man of action" but the best CEOs get all the facts before they pull the trigger. This whole "Muslim nation" ban thing was too quick by far and was implemented poorly. Now it is time for what a good CEO does. Write it off and re-do it after they get all the facts. It's not caving it is strategic re-assessment.

It Looks Like the "Muslim-ban" was half-assed and poorly thought out

All I can say is slow Down Donald. Don't implement things without getting your people in place first.
In all, it didn’t give the impression that the drafting and implementation of the immigration order had been terribly careful or cautious. Spicer all but admitted the government hadn’t taken much time to disseminate the policy and explain it to relevant officials before Trump signed the order: “What we couldn't do was telegraph our position ahead of time to ensure that people flooded in before that happened, before it went into place.”
The funny thing is that they thought terrorists would rush in if they announced the ban ahead of time. First of all if this is a well funded 9/11 style terrorist, they would be coming in via a South American, African or a European country so they won't be subject to this ban. Secondly they would probably have been home grown in the first place. This order would not have stopped San Bernadino or Orlando. It amounts to a feel-good measure that will probably not stop terror at all.

This also shows that the Trump White House is terrible with communication. They could have said they will stop the Syrian refugees because they were going to be crushing ISIS and making safe zones. If ISIS is defeated then the Syrians can stay in their homes instead of braving the US in the winter time. If they said this first this might have deflected some of the criticism. Instead they are rushing these orders out without thinking about them first. They need to slow things up and re-assess.

Wait the Universe is a Hologram?

Hmm this would explain a lot.
In a new paper published in the journal Physical Review Letters, a team of researchers from Canada, England and the United States argue a holographic explanation of the universe can account for irregularities in the cosmic microwave background, the echo of thermal energy leftover from the Big Bang.
So we are supposed to be two dimensional creatures that perceive a third dimension? Very strange indeed.

Friday, January 27, 2017

Trump! Get Steven Kopits on the Phone: His Fee-Based Visa Program is Pure Genius

This sounds like a market based solution that could solve a very expensive problem.
However, if we issued an appropriate number of visas, then we would cover domestic needs and Mexicans would no longer have an incentive to jump the border. We could do that by selling visas at market rates to eligible Mexicans and other Central Americans and monitoring the prices of visas and field wages to get the number more or less right.
The system does not have to be perfect. As long as Central Americans can buy visas at will and U.S. employers can obtain low-end labor on demand—even if it may be a bit costly at some times—both Mexicans and the U.S. businesses sectors would have an incentive to use the system.
Call them "Opportunity Visas" because that is what they are. The idea that the Mexican or Central American person can buy a chance to make 4 times more than their home country would be very enticing. The article says Visa jumpers would be deported and then ineligible to buy another would be a strong disincentive to try to sneak away. Then you would have to apply a strong stick against employers hiring foreign nationals that have not purchased an OV. Huge fines or even jail time for employers would prevent them from skirting the system. 

A big thing to nail down is the the term that an OV lasts for. Maybe allow it to be active for 3 years and then the person cannot buy another one for a year. That would prevent someone from staying in the country indefinitely. Maybe allow the employer apply for a re-new depending on the worker. That way they won't lose a trained foreman or something due to the OV running out. You would need to figure out if the OV-holder has a kid during the employment period who would automatically be an American citizen. I would consider having the kid leave with the parent when the OV runs out. After the year off period the OV-holder can then bring the kid back into the country very easily afterward.

The other thing they would need to figure out is the price of the OV. I would suggest making it based on the job applied for. That way it could work for H-1B visas as well. So a computer programmer would cost several thousand but a fruit picker would be a few hundred dollars. You may even allow the employer to pick up some of that tab. If you need more fruit pickers or programmers then the company will need to subsidize bringing them in. You might also see the Mexican government paying for OVs which would be fine as long as there is a job for the person. You would need to figure out what would happen if the OV holder loses their job. If it was for cause then they have to go back. If they are downsized then they need to return to their homes and reapply for something new but their OV is still good in the meantime.

Finally, you need to add a layer of tech to the process. Make the OVs have chips in them and require the employer to scan them periodically for auditing purposes. Then you can get an accurate count of who is in the country and doing what job and how long they have left on their OV. Maybe you could have the card be eligible to purchase health-care and be used as identification to open a bank account and other financial transactions. They might even have a link to the employers account so they can pay them on the card and have the OV be used to purchase things. This would prevent a cash-based underground economy from continuing to flourish. Of course you would need to prevent counterfeiting and spoofing and such but that would be required anyway.     

Thursday, January 26, 2017

The Media Being Full of Crap: Washington Times Edition with a Side of David Muir Interview

Yeah the media is pretty much out to get Trump.
The mainstream media is in a hurry to delegitimize President Donald Trump, but in doing so may delegitimize itself.

Below are both egregious and minor examples of the press’s bias within the past few weeks. It’s not one example alone, but the confluence of all of them that’s so outlandish. Combined together, there’s little doubt about why Mr. Trump’s team may want to take a more combative tone with the working press:
They wanted Hillary and that is a fact. What was especially bad is how they treated Obama with kid gloves. I was watching the ABC interview with David Muir last night and what a freak-show that was. Muir must have asked him what seemed like a dozen times like an annoying child about that whole crowd size nonsense. Muir also had a perpetual scowl on the entire time. If Muir did this kind of combative interview with Obama he would be out of a job in a minute. You compare that to the grovelling way Charlie Rose asked Obama about the red-line in Syria and you have the narrative.

What really hit it home was Trump answered a question by saying he would get them the information later in the day. Then there was this voice-over saying as of whatever time they have not received the information. I have never seen something like that before on TV. They just couldn't wait to ding Trump on that. For whatever reason the sainted media never got whatever document by whatever arbitrary cut-off time and the viewers had to know.

In any case Trump needs to treat everyone in the main-stream media like the enemy because they certainly think he is one. Trump might need to pull a play out of the Obama playbook and only go on Fox News and avoid parasites like Muir and ABC.

Trump Just Did some Jui-Jitsu on the Press: He Now has them Saying there Was No Voter Fraud

Wait I thought the Russians stole the election? Now it seems they were run without reproach.
In fact, voting experts we talked to pointed to numerous studies that have found such in-person voter fraud — the type of fraud Trump is alleging — is virtually nonexistent. A Government Accountability Office report released in October 2014 said that “no apparent cases of in-person voter impersonation [were] charged by DOJ’s Criminal Division or by U.S. Attorney’s offices anywhere in the United States from 2004 through July 3, 2014.”
Remember the press said just a few weeks ago that the Russians were supposed to have stolen the election.
A new declassified report from the American intelligence community concludes that Russian President Vladimir Putin personally ordered a unprecedented, expansive effort to undermine the 2016 presidential election and help President-elect Donald Trump win—including the hack of the Democratic National Committee (DNC).
Now the press has to say that the election was not tainted. It seems the Trump people are playing the press like an accordion. I mean you can't say the election was hacked and then say that there was no fraud involved. These are obviously two quite different things entirely but can be easily conflated in a persons mind.

He is actually getting the press to validate the election by saying "fraud claims are debunked." Russian hacking claims seem to not been debunked but election fraud itself is getting that treatment. Then all the Trump people need to do is provide a climb down, simply ignore future questions, or do a Clintonian "that's old news" and suddenly the election was without reproach.

One thing is for certain. No one is talking about "illegitimate presidents" or Russian hacking anymore. They are now rushing to say election fraud "is virtually nonexistent." I think the 24-7 news cycle and its easily distracted nature is going to be quite a boon for Trump.

If You Don't Go Out for Drinks With Friends, Lindsay Tucker from Glamor Magazine, then Trump Wins

The "special snow-flake" is strong with this one.
It’s been 77 days since I cried myself to sleep on election night, but the despair and disbelief won’t quit. I can’t concentrate on my work; I’m addicted to toxic news cycles—each day depicting crisis, scandal, and corruption in the new administration with no recipe for how we might be spared. There’s a blanket of pessimism that covers up my regular routine. I have no interest in grabbing drinks with friends or catching up, because things just feel too bleak. I’d be lying if I said I hadn’t wondered if my young marriage would survive the emotional crisis I’ve been going through since the election of one Donald Trump.
If she divorces over Trump being elected she will have officially lost touch with reality. So my advice is what Bush told us to do when fighting terrorists. If she doesn't go back to her normal life then Trump will have won. An election will have made this person upend their life. Some orange person in Washington is more important than her husband that I assume she loves or what-have-you. Also she sounds like she is surrounded by Trump-Deranged people as well. 
Over the holidays my mother-in-law confided that some of her lifelong friends weren’t invited to her Christmas Eve party for the first time in nearly 20 years because they’d voted for Trump. When I asked how things were going in her marriage since the election, she simply said, “It’s chilly.” She’s outraged and her husband’s apathetic, just like me and mine. In a conversation I had with my father-in-law, recently, I joked that with the way things have been going, we may not have a free election in four years. He told me I sounded like an idiot.
She sounds like an idiot. If she believes there won't be another election in four years Trump will win a second term very easily. Also dis-inviting life-long friends is a sign of some sort of Trump-Derangement psychosis as well. People, it is just an election. There will not be "permanent damage" because all executive orders can be backed out in the first few days as Obama is finding out right now. If she is concerned about a GOP Congress then you have two to four years to fix that. But crying and divorcing her husband (who has to be a saint to put up with this nonsense) is no way to win any elections in the future.

Wednesday, January 25, 2017

I Know it is Sour Grapes about Trump Saying there was Wide Spread Voter Fraud is Why he Lost the Popular Vote but How are Non-Citizens Voting at all?

I know that Trump pushing this idea that he lost the popular vote because of illegal voters is nonsense but this needs to be investigated.
The issue of noncitizen voting actually was examined in a 2014 study by two Old Dominion University professors who wrote about their findings in The Washington Post.
They did not conclude, as Spicer said, that more than 14 percent of voters were noncitizens. They said that an estimated 14 percent or more of noncitizens had registered to vote — a much smaller universe of people. Moreover, only "some of these noncitizens voted," they said.
Their "best guess" was that 6.4 percent of noncitizens voted in 2008 and 2.2 percent in 2010.
First of all, how is it that 14 percent of registered voters were non-citizens when that is illegal? If you go by this election where 200 million people registered to vote that amounts to 28 million potential illegal voters.

I would like to see the Congress or the FBI or whomever investigate this number. How many of these 28 million potential illegal votes were actually cast? Who did they vote for and how did they register in the first place? Is there some kind of records check when you register that checks your citizenship? I mean they obviously all didn't vote for Hillary but that 28 million illegal voter number seems pretty large. Also it shouldn't be Old Dominion professors investigating this but government officials like I said earlier.

Tuesday, January 24, 2017

Hanson Hits It Right on the Head: It's the GDP Growth Stupid

This paragraph should be framed and put into the Oval Office.
But it’s far more likely that Trump’s fate will hinge on his economic reforms. Achieve 4 percent–plus GDP growth rate and then Black Lives Matter, the residuals of Occupy Wall Street, the hysterical House Democrats, and the assorted unhinged fringe of Michael Moore, Lena Dunham, and Madonna will recede into the woodwork.
If he lifts all of America's boats vis-a-vis the economy then all of that residual nonsense drifts away as happy Americans spend and enjoy themselves. Living Well is the Best Revenge.

This Boston Globe Reporter Shows Exactly Why People Don't Trust Globalists

I think this is case-in-point of the Ivory Tower mentality of the press in America.
To be clear, there’s nothing necessarily wrong with allowing US companies to take advantage of cheap Mexican labor. Indeed, it’s part of the point of agreements like NAFTA.
By moving operations to Mexico, businesses can save money and pass the savings onto consumers — in the form of affordable clothing and cars, for example. And in the process, the whole US economy can become more productive, shifting routine tasks to lower-skilled Mexican workers while freeing American employees to move into higher-skill industries.
The problem is these companies do not "pass the savings onto consumers" they simply buy back their stock or have it go into some other non-productive avenue. The idea that these workers can move into "higher-skill industries" is short-sighted as well. There needs to be some training program in place. And even then what a person learns on the assembly line does not translate to coding or some other booming industry. This part especially shows why the Dems lost the Midwest to Trump.
But note that there are over 145 million jobs across the United States, plus more than a million new ones in any decent year. Against this scale, 40,000 lost jobs barely registers, even when you account for the fact that many are concentrated in the Midwest. We don’t have a trade agreement with China, yet competition from that fast-rising country sucks away roughly 200,000 US jobs a year.
That is 40,000 families Mr. Globalist. They barely register in Boston but they devastate the Midwest. This same view sacrificed coal jobs to placate environmentalists. The idea that the working man had a place in the Democratic party seems to have been a fantasy from a bygone era.

CDC Cancels Climate Shindig: I'm Not Sure Why they Were Going to Have it in the First Place

I guess Climate folks are running scared in the age of Trump.
The government's top public health agency has canceled a conference next month on climate change and health but isn't saying why publicly.
But a co-sponsor said he was told by the CDC that it was worried how the conference would be viewed by the Trump administration.
The incoming administration did not ask or order that the meeting be canceled, said Dr. Georges Benjamin, executive director of the American Public Health Association.
I'm sure they would have run the thing without issue if Hillary was boss. What I don't understand is how Climate Change got caught up with public health in the first place. This seems very skechy.
Benjamin called the CDC's decision understandable but worrisome. He was echoed by Kristie Ebi, a professor of global health at the University of Washington in Seattle, who was invited to speak at the conference.
"In the long run, climate change is affecting the health of Americans," she said. "At some point, I hope they will go forward with the conference."
The long run probably means decades even if we get the scare tactics warming that we were supposed to get. You would figure they would use their scarce money on actual diseases currently afflicting people. I guess Trump saved us the cost of flying out a bunch of people like Dr. Benjamin and Dr. Ebi to kibbutz about climate change when they are supposed to meet in November anyway. Saved some carbon there I bet.

Monday, January 23, 2017

I Like this Rumored White House Science Adviser Pick Named David Gelernter

A computer scientist is exactly what is needed in today's world.
“The gap between the public & the sciences has grown so gigantic, it's dangerous,” he said. “People rely every day, sometimes every hour, on computers & the net—often without knowing even vaguely how they work. The 'educated public' no longer has the vaguest idea what physics is doing. Which means, in turn, that science & tech will increasingly be the work of an elite priesthood that does exactly what it likes.”
He added: “Science has never been less articulate, less interested in communicating its own excitement and wonder and fascination.”
Um "every hour?" Try every minute for anyone with a smart phone. I bet you couldn't find 1 person in a 1000 that knows how a computer works or how the network their phone connects to operates. He looks like a very unconventional choice but the Trump White House is "try something new because the old way isn't working."

Holy Crap! The Ohio Class Submarine is the Worlds Deadliest Weapon?

I'm glad it's on our side.
If you do the math, the Ohio-class boats may be the most destructive weapon system created by humankind. Each of the 170-meter-long vessels can carry twenty-four Trident II submarine-launched ballistic missiles (SLBMs) which can be fired from underwater to strike at targets more than seven thousand miles away depending on the load.

As a Trident II reenters the atmosphere at speeds of up to Mach 24, it splits into up to eight independent reentry vehicles, each with a 100- or 475-kiloton nuclear warhead. In short, a full salvo from an Ohio-class submarine—which can be launched in less than one minute—could unleash up to 192 nuclear warheads to wipe twenty-four cities off the map. This is a nightmarish weapon of the apocalypse.
In short one Ohio Class sub off the coast of North Korea could destroy every large city in that nation in less than a minute. We have 14 of these monsters. That is some scary stuff indeed. What's even scarier is this man can launch their payload at will.

The Dems are Still Missing the Point on the Working Class : #It's the Economy, Stupid

I think 2018 will be bad for the Dems unless they figure out what really went wrong.
“I think there’s a sense that some portion of the Democratic Party shares the blame for what happened,” New York Attorney General Eric Schneiderman told reporters. “The Democrats acquiesced in many ways to policies making people’s lives worse.”
He was referring obliquely to the legacy of former President Bill Clinton ― deregulating high finance, gutting welfare, feeding mass incarceration ― which leaders of a party ostensibly devoted to empowering the powerless have been reluctant to acknowledge
Okay this is exactly why Trump won working-class voters in the Midwest. They don't care about deregulating high finance. Jailing banksters does not help them get a job or bring back the plant or mill that left for Mexico. They don't want to be on welfare unless its absolutely necessary. Welfare amounts to failure in their eyes. And going to jail is incredibly shameful to them so mass incarceration doesn't factor into anything. 

Empowering the powerless (calling them powerless is an insult in itself) is protecting their good jobs and making sure that they don't leave for Mexico or China. This is exactly what Trump did and got their votes for it. Again Carville is 100% right when he says this.
“The Democratic coalition lives in the economy, all right?” former Bill Clinton campaign manager James Carville told reporters. “The idea that somehow it’s only white working-class people that live in an economy …  blacks, Hispanics, unmarried women, gay people ― they’re like everybody else.”
Yes and they all would like good jobs and a booming economy. They don't want minimum wage hikes or someone to call them "powerless." It was Carville who said "It's the economy stupid." Um Dems "It's the economy stupid." 

Wait Didn't Madonna Just Threaten the Presidents Life: Maybe she Should be Investigated

I think the Secret Service needs to check into this.
Madonna made a surprise appearance at the Women's March on Washington and in her remarks said, "Yes, I'm angry. Yes, I am outraged. Yes, I have thought an awful lot about blowing up the White House ... But I know that this won't change anything. We cannot fall into despair."
That is an overt threat against the President which is a crime. I think the Trump people need to crack down on this kind of loose talk before some crazy Madonna-lover actually tries it. You can disagree with Trump or work to vote him out in 2020 but these kind of threats are beyond the pale.

Friday, January 20, 2017

That Didn't Take Long: Chris Matthews Calls Trump Inaugural Address Hitlerian

Um shouldn't it be Hitler-like?
“He said today ‘America first,’” Matthews said as President Obama departed D.C. by helicopter on screen. “It was not just the racial—I shouldn't say racial, I should say Hitlerian—background to it. The message I keep thinking is: What does [U.K. prime minister] Theresa May think of this when she picks up the paper and says, ‘Oh my God, what did he just say? He said America first. What happened to the special relationship?’ What if you’re Putin? You’re probably pounding the table, saying, ‘That’s what I’ve been saying! Russia first!’”
Oh no what does the UK Prime Minister think! I guess that tingle in the leg for Obama just went right to Matthews brain. What is hilarious is that every country in the world thinks this way. It is only the US that has to knee-cap their industries for Global Warming while the Red Chinese say they will reduce emissions in 2030 maybe. Also Obama didn't think about the special arrangement with Britain all through-out his 8 years in office.

Trump Getting Ready to Cut $10.5 Trillion (Yes Trillion with a T!) in Spending over 10 Years

I guess we might need to get used to seeing commercials on Public Television.
The departments of Commerce and Energy would see major reductions in funding, with programs under their jurisdiction either being eliminated or transferred to other agencies. The departments of Transportation, Justice and State would see significant cuts and program eliminations.

The Corporation for Public Broadcasting would be privatized, while the National Endowment for the Arts and National Endowment for the Humanities would be eliminated entirely.

Overall, the blueprint being used by Trump’s team would reduce federal spending by $10.5 trillion over 10 years.
Thankfully this might also mean no more Piss Christ sponsored with Tax Payer money. I guess they might roll Commerce into Treasury and maybe Energy into Interior. I would be willing to bet Energy will probably drop all of its conservation work and maybe roll out its lab work to Universities or what-have-you. I also wonder if State would get rid of its security force as well? In any case this is why the tax cuts will be revenue neutral because they are going to cut spending by a bunch.

Thursday, January 19, 2017

I Just Figured out the Trump Presidency: He acts Crazy and his Cabinet walks it Back

I think I understand the Trump Presidency now. He acts like a crazy man and freaks out China or Germany and his people walk it back. Its Good Cop vs Crazy Cop. Trump comes out firing on Twitter and elsewhere so when the actual plan is hatched it looks reasonable. So Trump goes after the One China policy and Tillerson then calls the Red Chinese and assures them that he will talk Trump down. Then they get a currency plan/trade policy/whatever passed because "the alternate would be un-thinkable." Very canny policy and very tricky as well.

It Seems that the Trump Cabinet Might be Quite a Calming Influence on Trump Judging from Mnuchin Testimony

I guess Trump makes big sweeping statements and its his cabinets job to walk things back.
Mnuchin also provided a bit more clarity on the “border taxes” Trump has been tweeting about, saying Trump has no plan to institute across-the-board tax cuts on imports. Instead, those taxes would be levied only on specific companies that move jobs out of the United States and import products back into the country. “He’s referred to a small number of companies moving jobs and putting products back into the United States,” Mnuchin said. “In no way has he contemplated a broad 35% border tax.”
With that statement we have some clarity as to a border tax. It is only going to effect some companies (this might be restraint of trade but might not hit the WTO) and not every import into the country. So Apple brings the iPhone production back into the US and they don't get hit with the tax but if they keep it in China they might get the tax. You have a ton of questions (when is the tax triggered, who levies it, etc.) but at least you have more transparency and it isn't some broad tax tweeted out at 3am. I was also waiting for this tid-bit.
Like Wilbur Ross, Trump’s nominee for Commerce Secretary, Mnuchin outlined plans to revamp trade deals with Mexico and China that sound less draconian than what has come out of Trump’s own mouth. With regard to the North American Free Trade Agreement, which Trump faults for killing American jobs, Mnuchin said, “I’m optimistic we can renegotiate that deal in a way that is advantageous for us and advantageous for Mexico, and is a win-win for both countries.”
So it goes from "Trade War with China and Mexico" to bilateral trade talks with each country with a win-win scenario in mind. It's what a CEO would do with a negotiation with a difficult supplier. Sit down and figure a way for both of parties to profit and come away with something decent. If all goes well we might have 3-4% US GDP growth and maybe get Mexico's GDP growth up from that dismal 1%. If you improve their economy then the immigration problem might disappear because Mexicans might stay home and make a better wage then risking their lives to cross the border.

Um #Wall Street Journal a Powerful Venture Capitalist named Time Draper Just Accused Your Reporter of Taking a $4 Million Bribe for Exposing Theranos

I think he wants to not believe that he was taken by Theranos and their Steve Jobs worshiping CEO.
Draper said he wasn't troubled by the initial report about problems at Theranos. By the second report, he had already identified what he called a "vendetta."
"I dismissed it because there are always writers who want to take down big successes," Draper told Axios. "Then after the next one I realized there was some strange vendetta. Maybe it had to do with money. The guy is getting $4 million to continue this charade."
Emphasis ours, because it's worth pointing out here that a venture capitalist just accused a reporter of taking a four million dollar check.
I wonder who in Draper-world was supposed to be writing big checks to this reporter? Was it a bonus from the WSJ for "destroying Theranos?" Was it money paid from a competing lab service? Was it Alien astronaut theorists? That's where my bet is. Elizabeth Holmes is actually a Grey and the Lizard People paid this reporter to "expose her." Just standard stuff.

Wednesday, January 18, 2017

A Very Good Idea: Embed Young Reporters in the "Battleground States" in the Off Season

This would be a very interesting experiment in "getting outside of the bubble."
I’m confident that broadcast news viewers can learn a lot more from dispatches on issues and trends, filed from places like the Rust Belt and the New South―than they can from the predictable talking points doled out by the new administration’s White House spin machine, which has already proven itself adept at exploiting political journalism’s process-obsessed tendencies.
Editors and bureau chiefs: Instead of adding another body to the already overcrowded White House press corps, why not send that eager young journalist off to live in Ohio or Florida for a year, wielding a small video camera and keeping tabs on how the lives the people who elected Trump are being affected by his presidency?
They might have been able to have caught the Trump wave before it started and let the "bubble dwellers" in Washington know about it. You might even get a nice fish-out-of-water story where a young East Coast liberal that went to an Ivy goes down South and "embeds" with the locals for a year. Instead of finding endless redneck racists he finds salt-of-the-earth Americans while finding love or whatever. Kind of a real-life reality show without the fakery. 

It would be cheap because the reporter could Facebook Live the whole thing and simply file dispatches with a selfie stick. It might be pretty compelling TV depending on how charismatic the reporter is as well. But I will be willing to bet that some of them will go native and come back not as liberal as when they left. However, that would really improve the news rooms in Washington and New York though.

Wait? What? Half of All Adults in Detroit are functionally illiterate?

This is a crazy stat if true.
If Detroit’s charters are hardly world-class, they are demonstrably better than the city’s traditional public schools, which is the most relevant metric for Detroit parents. The traditional public schools have failed abysmally for generations (about half of adults in Detroit are functionally illiterate).
Wow I guess its true according to this report. That is a travesty and its sad that no one seems to care about that happening in America.

Tuesday, January 17, 2017

According to History (which is a Terrible Indicator) the Market Should go Up 18.5% by Year End

As always the past does not predict the future. However if it did we are going to be sitting on a pile of cash by year end.
What happens when the first five days of January finish higher and the month of January finishes higher during the first year of a presidential cycle? Good things!
During nine instances in which both the first five days of January and the month as a whole finished higher during the first year of a presidential cycle, stocks have closed the year in positive territory 8 times.
The average annual return? 18.5%.
I'll take half of that and be very happy for the year.

One more for the Inaugural Event: Sam from Sam and Dave: Why Don't they Have Ordinary Americans do the Event

Well I guess that is something.
Sam Moore of soul/R&B duo Sam & Dave has announced that he will perform at the “Make America Great Again! Welcome Celebration” on January 19 in Washington, D.C. “I was a participant in the civil rights movement and have seen many positive changes and advancement in my 81 years of living in this wonderful country, but I know we must all join hands and work together with our new President,” the “Soul Man” singer said in a press release. “I honestly believe that if we can accomplish this, the best is yet to come. We all as Americans need to unite behind our new President and give him a chance. He needs everyone’s support to make America greater, stronger and an even better country.”
Why don't they have a bunch of non-famous Americans play at the gala? They could make it like a pseudo American Idol but audition them first. Then they can play a handful of songs at the actual event. It is probably too late to bring something like that together but it would be interesting. It would show the grass-roots nature of the Trump win.

40 Dems to Not show up for Trump Inauguration: Um So What?

Here is a list of the various Congress-folk that will not show up for a peaceful transfer of power.
More than 40 Democratic lawmakers have announced they intend to skip Donald Trump’s inauguration this week to protest the president-elect’s plans for the country. The boycotters now make up one in five of all House Democrats, and their decision to protest represents a break with tradition that they say is warranted by Trump’s agenda.
Of course every one of them is from a safe liberal district and are actually probably big heroes due to their boycott. In any case let them sit out because they are soon to be very insignificant for the next 2 to 4 years.  

The End of the Clinton Global Influence Peddling err Initiative

I guess the money train has pulled into the station for a part of the Clinton machine.
But after the election, some of the foundation’s donors acted as if the causes CGI supported were no longer worthy. The Australian government said it did not intend to continue its donations to the Clinton Foundation; it had given $88 million over ten years. After dramatically increasing its yearly donation in 2014 and 2015, the government of Norway chose to reduce its donation by 87 percent after the election
I bet Australia and Norway were getting ready for the inside tract to the ear of the new President. Instead they are out in the cold with the rest of the countries trying to curry favor with the Trumps.

Friday, January 13, 2017

Wait! What? Conservatives are better Looking Than Liberals? Have you Seen Donald Trump?

You can say what you want about Donald Trump but good looking is not one of those things.
According to a study published in the Journal of Public Economics, attractive-looking politicians have an advantage when it comes to winning votes — and researchers have also concluded that conservative party members from Europe, Australia, and the United States tend to be “more beautiful” than liberal candidates.
Responding to previous research that found a connection between appearance and electoral success, a team of researchers from Sweden, Prague, and Germany theorized that Republicans are better-looking than Democrats and that voters who lean right value beauty more in a “low-information setting.”
I guess since these researchers are from Europe they had to get that dig about "low-information" in there. However, I don't think this applies when it comes to Donald Trump. He looks like a beady-eyed, wizened man-baby with a freaky blond comb-over. Hillary looked like a typical grandma but not seriously ugly or anything. Maybe they compared Bernie Sanders to Paul Ryan or something.

Kind of Poetic Justice: Soros Loses a Billion Dollars during the Trump Rally

Oh well, I guess you win some and lose some.
Billionaire George Soros lost nearly $1 billion after the stock market surged following Donald Trump 's unexpected Nov. 8 election victory, The Wall Street Journal reported.
The hedge-fund manager's former deputy, Stanley Druckenmiller, however, foresaw the rally and gained a sizable profit, the Journal reported, citing people close to the matter.
I guess Druckenmiller decided to bet his wallet and not his ideology as Soros seemed to have done.

Nicole Kidman Says We Need to Support Trump: Watch Hollywood Take Her Down

I would be willing to bet she will lose roles over this.
"He is now elected and we as a country need to support whoever is president because that's what the country's based on," the dual Australian-American citizen and Oscar-winning star told the BBC this week.
"However that happened … He's there … And let's go," she concluded in response to the interviewer's question on what Kidman thought of the president-elect.
You can support the good stuff and fight the bad stuff. That is what I plan to do. 

Thursday, January 12, 2017

#MK-Ultra: Mouse Edition

Now this is some scary stuff.
A team of scientists used brain control to turn about a dozen ordinary mice into killing machines. They employed a technique called optogenetics that manipulates neurons using light to make the fluffy critters go all Hulk on prey.
With the light switched off, the mice were mostly chill, sometimes even scurrying around their cages to avoid prey or toys made to resemble prey. But when the switch was on, things got ugly. Crickets in cages were attacked and beheaded, and plastic toys that looked like prey received powerful bites that would've been lethal.
Now how would you use this optogenetics to make humans do things other than attack their prey? Maybe certain lights are shined on people and they buy more stuff or become mind-less killers. This is entering very scary territory.

Trump Derangement Disorder Hollywood Edition: Rosie O’Donnell wants martial law to Prevent Trump

I guess we have to get used to these celebrities losing it over Trump.
Now, with less than 10 days until Trump takes the oath of office, O’Donnell says that she’d support “martial law” in order to delay his inauguration.
“FULLY SUPPORT IMPOSING MARTIAL LAW – DELAYING THE INAUGURATION – UNTIL TRUMP IS ‘CLEARED’ OF ALL CHARGES,” O’Donnell wrote in response to a Twitter user who suggested the U.S. military take control of the government until the president-elect can prove he  has no financial ties to Russia.
Yes lets let the military run the country until he is "cleared" of whatever imaginary charges the Hollywood elite is accusing him of. I think it will be an interesting 4 years.

Wednesday, January 11, 2017

Trump Strikes Back at CNN for Spreading Fake News

This is exactly why you need to corroborate sources before you just publish any old thing.
Trump scolded the network during his press conference on Wednesday and refused to take a question from CNN’s Jim Acosta.
“Your organization is terrible, don’t be rude,” the president-elect said. “No, I’m not going to give you a question. You are fake news.”
Trump accused CNN of reporting details from a 35-page intelligence document that the reporters were not able to independently corroborate.
I bet CNN is going to get all huffy about the 1st Amendment but the President-elect doesn't answer their questions if he doesn't want to. Especially if they report something as salacious as these allegations without any kind of independent corroboration. CNN would never have done this to Obama in a million years so I guess I can agree with Trump when he says this treatment is unfair. I hope Trump freezes them out for four years because they will lose it if that happened.

Tuesday, January 10, 2017

$2.3 trillion Moving From Bonds into Stocks?

That is what Societe Generale's Cross Asset Research team is thinking.

"Most investors have only just started to adapt the structure of their portfolios," the note said. "In most instances, truly bold and brave decisions that potentially concern all portfolio components have still yet to be taken."
Societe Generale estimates that a 10% reweighting to equities would imply a global portfolio reshuffle of $2.3 trillion.
Wait for a post inauguration pull-back and everyone will be buying that dip for sure. Will the uncertainty of Obama turn into a raging bull market for Trump? We need 3%+ GDP growth for that.

Friday, January 06, 2017

What a Bogus Chart: Jay Kaeppel Shows a Steep Decline whenever the GOP Secures Congress and the Presidency

I hate when you see something like this saying the Trump rally will fade just because it happened in the past.
The last three such turnovers came in 2000, with the election of George W. Bush; 1980, Ronald Reagan; and 1968, Richard Nixon. Kaeppel looks at the percentage gain and loss for the Dow Jones Industrial Average DJIA, +0.32%  from Dec. 31 of the election year through the subsequent midterm election year for each, in other words, roughly the first 20 months of each new administration.
Bush got hammered by 9/11 less than a year into his term. That torpedoed any chance of meaningful tax reform or anything else other than the drumbeat of war and trillions that it took to fight it. You also had a recession during this time as well. During this time you have the FED raising rates like crazy to cool off the stock market's "irrational exuberance." Nothing like we have now

During the 1980s with Ronald Reagan you had interest rates at 12%. Imagine if you could buy a bond that would pay better then nearly any stock out there today. However, if you bought the S&P500 on Jan 20, 1980 you were in at 111.07 and Jan 20, 1984 you were at 167.04. A very nice gain that looks nothing like this chart in the link above. If you held for Reagans entire term you would have made a pretty nice sum.

Nixon had high inflation to deal with along with the Vietnam war, riots, etc. in the early part of his term. Then you had the Yom Kippur War and a subsequent Oil Embargo dropping us into a recession. Finally, he had to resign because of Watergate. It's hard to think of economic policy when you are negotiating with the Vietnamese, while fighting a war, and then having the Congress voting on articles of impeachment. You add 10% inflation to this mix and its hard to think about any meaningful growth during this time.

In any case unless we fight a new war (with who I have no idea,) have insane inflation, or sky-high interest rates we won't see that BS cascading waterfall chart in that link above. The other thing that is messed up is this Jay Kaeppel guy also conveniently forgets the raging bull market in 1952-1954 when Eisenhower had a GOP Congress. I do agree that one should be careful at all time highs and missteps by the GOP Congress could give us a pullback but nothing like that 25% drop in the S&P 500 that this guy is predicting.

It Seems that Trump is Pro-Union and it Should have the Dems Running Scared

It does sound like he is a pro-Union protectionist Democrat in some of his auto-company Tweets.
Trump's protectionist threats continue to anger many conservative economic purists. But Democrats are the ones who should be irate, and they will be once they figure out what Trump is doing and doing successfully. He's pulling their most important source of financial and ballot box support right out from under them. 
I think what he is doing is what I like to call "Economic Nationalism." If you want to sell us cars you don't build your plant in Mexico and take advantage of cheap labor and then ship them across the border. You build them in the US and hire American workers (who happen to be Union) and then sell us the cars. 

The funny thing is that nearly every other country practices "economic nationalism." I mean the Mexicans can theoretically raise their minimum wage to match ours but they want American jobs for their people. They are playing the Great Game much better than we have done for the past 8 years. It must be weird for Democratic Unionists to back a flamboyant billionaire like this. But he seems like the only one listening to them.

Wednesday, January 04, 2017

My Idea for the Megyn Kelly Replacement on Fox: Trish Regan on a Financially Themed Program also Cancel Red Eye and put Tomi Lahren vs a Liberal

Here is the short-list on who will replace Kelly at 9pm on Fox. This is the most interesting person on the list.
Trish Regan
Regan has filled in admirably for Kelly in the past and would bring a finance and business skill set to Fox News’ primetime lineup.
I think the Trump Years will be dominated by economic moves more than anything else. His foreign policy seems to be a retreat from foreign entanglements and multi-lateral things. So being an expert here will not be the most helpful. However, a person that has a grasp of economics would serve the public well. 

Have her explain how the tax cuts will affect the Fox Viewer. Explain a potential bi-lateral trade deal with China would take shape. Expose a potential trade war with Mexico. Talk about what cuts to regulations the Trump White House will push to Congress. This will kind of be like what Neil Cavuto used to do before he went to Fox Business. Some politics with a heavy dose of economics. I would watch this kind of show every night no matter what. Also I think this person needs a show.
Tomi Lahren
The conservative commentator is a rising star on TheBlaze and it’s only a matter of time until she lands on a major cable news network.
Snap her up early and add her to the Fox Family. She can be the conservative bomb thrower that Glenn Beck used to be on Fox. I would cancel Red Eye, which has always been terrible, and put her in that spot. Maybe square her off against a liberal a la Hannity and Colmes and let the debate begin. That would be a very difficult to beat hard news block and would have a little bit of everything for the viewer. 

I Think it is a Mistake for Megyn Kelly to Leave Fox News

Well the election made her a giant star so she is cashing her chips in when it counts.
Kelly's closing remarks came less than 12 hours after the surprise announcement that she will be giving up her prime-time role at Fox for a multi-year deal that includes several roles at NBC. She will launch a daytime program as well as a Sunday evening news magazine show, and be part of the network’s coverage of major political and breaking-news events.
First of all a daytime program is nothing like the second most popular ratings spot on cable news. She gets to go up against Ellen, Hoda and Kathie Lee, and more light-hearted people like that. People watching daytime TV probably don't want too high a dose of hard news. Case-in-point is how the View seems to be flounder when the election is not on. So I have a feeling that her daytime TV show (which I guess will be after Hoda and Kathie Lee in the 11th Hour of the Today show or whatever it is called) seems destined to flop. I don't think you can go from the hard-ish news of the Today show, the drunken frivolity of Hoda and Kathie Lee, and back to the hard news of Kelly.

The Sunday News magazine might be watched somewhat but I just don't see it beating the Fox comedies, NCIS: LA, Amazing Race etc. It will get strait-up buried if its up against Game of Thrones or Walking Dead. Also the show might get pushed back time and again because of Sunday Night Football. I guess NBC will be using this as a lead-in much of the time but will people go from Football to hard-news just like that? NBC is betting big money on people making that jump.

Finally, is she really going to replace Lester Holt doing the breaking-news and political coverage? He seems to be the face of NBC and is doing a good job of that. If there is a disaster or something I'm almost certain NBC will cut to Holt instead of Kelly. I'm certain she will be the debate moderator if NBC gets another debate in 2020 but will her shows actually last that long?

So, other than the money, I think this might actually be a step back for her. I know she wanted to get out of O'reilly's huge shadow but this might not have been the best offer. I think whoever replaces her will become a huge star in their own right while Kelly disappears into irrelevance. I enjoyed watching her on Fox but will probably not follow her anywhere on NBC since I have a daytime job and I like watching Simpsons, Game of Thrones, etc.       

Tuesday, January 03, 2017

Zuckerberg to Get Amongst the Hoi Polloi: Ask them How Technology and Globalization is Effecting Them: PS "It's Messing them Up Mark"

Maybe more lefties should have done this traveling and talking earlier. They could have staved off the Trump-Revolution.
"After a tumultuous last year, my hope for this challenge is to get out and talk to more people about how they're living, working and thinking about the future," Zuckerberg wrote in the post.
This is the latest personal challenge Zuckerberg has given himself. In previous years, he has built artificial intelligence for his home, learned Mandarin, read 25 books and ran 365 miles.
With this challenge, Zuckerberg is wading into a national debate over the societal impact of technology and Silicon Valley's disconnect with big segments of its users. The technology boom has created massive wealth and high-paying jobs in tech hubs such as Silicon Valley but technological advances and increased automation have destroyed jobs elsewhere.
Technology and Globalization is what took many of the jobs of the people that voted for Obama twice then voted for Trump. Maybe if more Silicon Valley billionaires like Zuckerberg actually meet some everyday Americans they might have a little more compassion for them. It would be interesting what Zuckerberg learns from this trip. 

Sign of the #RobotTakeover: 3000 Autonomous Cars could Replace NYCs 13,000 Car Taxi Fleet with a 2.3 Minute Wait Time

That means robot cars running around picking people up and jetting around the city to busy areas.
CSAIL's Daniela Rus and her team created an algorithm that crunched data from three million New York City taxi rides, calculating routes and schedules for two-person, four-person, and ten-person vehicles. The results showed that 3,000 four-person cabs could help handle 98 percent of the City's demand (with a waiting time of 2.3 minutes), while 3,000 two-person cabs could handle 94 percent and just 2,000 ten-person vehicles could handle 95 percent.
I wonder if this study just had the cars gather people and deposit them in the most efficient manner? So if a person had a long trip would a car be routed to them empty? Or would it wait and gather 3 other people before it came to pick the person up?

In any case the idea of empty cars picking people up sounds pretty creepy. I would refuse to ride in a empty taxi fearing that it could be hacked and rerouted to someplace where you can be robbed. I guess that could happen in a regular taxi but you figure you could catch the guy easier then some faceless hacker.