Guaido's High-Risk Gamble Flops as Maduro Keeps Grip on Military
Trump is advised by the notoriously dumb. Now the voters of Venezuelans have something, other than themselves, for their predicament. Stupid,stupid,stupid.
Tuesday, April 30, 2019
Sound familiar?
The Democratic leaders and the president agreed to pursue a $2 trillion plan — but they haven’t worked out how to pay for it.We still have to do teachers and moms and apple pie.
My banking errors would look pale in comparison
With S&P At All Time Highs, Trump Demands Fed Slash Rates By 1% As FOMC Meeting Begins
And the excess reserves drain into the short end of treasuries and government gets a subsidy boost from the fed earnings sheet. Shadow bankers loose, get drained of liquidity and compete for funds, move up the curve? Steeper curve? We shall see, this is our MMT guy folks, we shall see.
Trump is fouling up the Venezuela mess
Making it worse and shots be fired civil war style.
I admit things are horrid for the population, but horrid enough, yet, for civil war?
I dunno, but if I were prez my first goal would be that someone else fired that shot in Venezuela, not the USA. We are dealing with a lot of voter's regret down there, parents voted wrong then kids on the street.
I admit things are horrid for the population, but horrid enough, yet, for civil war?
I dunno, but if I were prez my first goal would be that someone else fired that shot in Venezuela, not the USA. We are dealing with a lot of voter's regret down there, parents voted wrong then kids on the street.
Aggregate lags
How long was the effect on the precious metals market after Nixon exited the market in 1972? How long did domestic oil production take, to response to export controls lifting? Lags
Lags happen when a impulse response hits a market with finite liquidity, the market drags its feet sand cycle through the adaptation.
But oil knew about the lags, and suspect the oil control might be lifted? Great, then they lag without cycles. Our MMT moment will be a lag without cycles.
Lags happen when a impulse response hits a market with finite liquidity, the market drags its feet sand cycle through the adaptation.
But oil knew about the lags, and suspect the oil control might be lifted? Great, then they lag without cycles. Our MMT moment will be a lag without cycles.
reduction to absurdity
Standard in theory. Why would a bunch of things do something so stupid? It leads to the quantum contradiction, there must me a level of natural stupidity in an aggregation of equilibriating, localized things. They are naturally bound between centrifugal and centrifugal, as their job is to agree on a center which is unagreeable in nature.
Like the Senate stuck in an existential moment. If the budget volatility hits this bound, then some states may not survive. It is the quantum contradiction, we will pay the cycle price to avoid the requant costs, go orbital. And get slightly better at it over time.
Like the Senate stuck in an existential moment. If the budget volatility hits this bound, then some states may not survive. It is the quantum contradiction, we will pay the cycle price to avoid the requant costs, go orbital. And get slightly better at it over time.
Economists can no longer confuse us
We have discovered that confusion is natural, and we can price it as we go, spread the confusion risk. No more 'Deterministic calculation of the natural rate'. Instead, we spread the confusion about current interest charges, spread it fairly when we observe it.
So, our MMT moment is quite fair, we are dispersing the past currency confusion over the economy fairly. Currency errors are real, necessary part of the market making function applied to currency. Central banking 'right to coin' transfers the currency errors to government insurance programs, and no one is at fault, or we are all at default.
The issues is not resolved, instead the different MMT. This time is a lucrative 15 year contract with Congress, we make it profitable to disperse currency errors more on schedule and gain endogenous accounting efficiency. But the key here is for all te tribes to get a opening p[rice, MMT needs to have a representative sample, it needs everyone's defuault number for Congress over 15 years.
This part, doing a different MMT, is also standard, the normal technology upgrade we attempt on a generation basis. There are no miracles, we just got an objective view from the mathematicians. All parties can still advocate for insurance in Congress, but Congress has a lucrative, 15 year contract with the Fed, and that makes a big difference, it yields cash flow accounting across large programs.
In terms of commutativity the initial bids, the chosen 15 year gift to Congress, is enough commutativity to 'fractionalize' a good 15 year estimate. We are setting a basket size for the 15 year term, dealing with a constitutional restriction. That will move large government programs to a 6 year liquidity position, twice the sample rate. large programs will hedge the monetary release, hedge the contract renewal; and all that hedging is nothing but a better fractional estimate of six year budget cycle. More liquid, operates shorter on the treasury curve, get better rates, multipliers all around. Good stuff, wide consensus, agree it is a fair deal on a lousy constitution.
Right to coin is a hard rock bound, cannot bump up against it. Einstein would have us add a term to our forces, a rem that forces a warning hill around the bound so all parties in the hologram do not cross the right to coin. This is equivalent to the government never goes broke doctrine of central banking. We are simply adding that term, and it works because we all can compute, 'Oh yes, let/s at least do it better'. The observable arbitrage causes a representative sample to attend MMT meeting with a 15 year price. The negotiated price almost certainty better than no deal. We are doing the natural thing all agents everywhere do, observably avoid long lines.
Reading estimates
If I read between the lines of all the tribes who have some distorted recognition of accumulated 'right to coin' error, and listed the estimates, I get numbers between 2 and 12 T over 15 years as the fair Congressional default. If this contract promises renewable 15 year government accounting stability, then there are people of all walks of life who find that a promise to avoid very long friggen government lines. It will pass, overwhelmingly. Get your estimate in the hopper, time is short! This is going to be the greatest MMT in Ameircan history, except the future.
So, our MMT moment is quite fair, we are dispersing the past currency confusion over the economy fairly. Currency errors are real, necessary part of the market making function applied to currency. Central banking 'right to coin' transfers the currency errors to government insurance programs, and no one is at fault, or we are all at default.
The issues is not resolved, instead the different MMT. This time is a lucrative 15 year contract with Congress, we make it profitable to disperse currency errors more on schedule and gain endogenous accounting efficiency. But the key here is for all te tribes to get a opening p[rice, MMT needs to have a representative sample, it needs everyone's defuault number for Congress over 15 years.
This part, doing a different MMT, is also standard, the normal technology upgrade we attempt on a generation basis. There are no miracles, we just got an objective view from the mathematicians. All parties can still advocate for insurance in Congress, but Congress has a lucrative, 15 year contract with the Fed, and that makes a big difference, it yields cash flow accounting across large programs.
In terms of commutativity the initial bids, the chosen 15 year gift to Congress, is enough commutativity to 'fractionalize' a good 15 year estimate. We are setting a basket size for the 15 year term, dealing with a constitutional restriction. That will move large government programs to a 6 year liquidity position, twice the sample rate. large programs will hedge the monetary release, hedge the contract renewal; and all that hedging is nothing but a better fractional estimate of six year budget cycle. More liquid, operates shorter on the treasury curve, get better rates, multipliers all around. Good stuff, wide consensus, agree it is a fair deal on a lousy constitution.
Right to coin is a hard rock bound, cannot bump up against it. Einstein would have us add a term to our forces, a rem that forces a warning hill around the bound so all parties in the hologram do not cross the right to coin. This is equivalent to the government never goes broke doctrine of central banking. We are simply adding that term, and it works because we all can compute, 'Oh yes, let/s at least do it better'. The observable arbitrage causes a representative sample to attend MMT meeting with a 15 year price. The negotiated price almost certainty better than no deal. We are doing the natural thing all agents everywhere do, observably avoid long lines.
Reading estimates
If I read between the lines of all the tribes who have some distorted recognition of accumulated 'right to coin' error, and listed the estimates, I get numbers between 2 and 12 T over 15 years as the fair Congressional default. If this contract promises renewable 15 year government accounting stability, then there are people of all walks of life who find that a promise to avoid very long friggen government lines. It will pass, overwhelmingly. Get your estimate in the hopper, time is short! This is going to be the greatest MMT in Ameircan history, except the future.
Monday, April 29, 2019
Russian babe cleared
Further investigation revealed that is was the Prof Misfud who revealed, on Apr 26, he the Russians had dirt on Hillary. By the Downer meeting, two week later, the hacker had been busted, Hillary informed and this was known to be emails. I do not think Papa heard email, except from generally inside information among their gang.
A hundred plus billion/yr for infrastructure says Nancy
Nancy and Chuck. The Old White Guy who adds and subtracts says it is an impossibility in California. We have neither income nor capability.
And, unbelievable to her constituents, they 'been there, done that', and the interest charges are fearsome. Remember, we just went through a three year period in which mortgage rates doubled Prior to that we had the Obamacare tax shocks of a lifetime. Prior to that, the run up in gas prices as we stimulated. This crowd has seen it, a complete sequence of tricks, the loop is priced and closing.
We fully expect to add on to the bill, like the following for: teachers and renters and unions and multiculturalists. A huge pack of Dems fighting for a spot in line, each having their own 50 billion dollar goodie. Scare the shit out of the voter, really.
Lease out the right to coin and the white guys can fix things.
As an Old White Man in the mix, and redneck when I want, I have advice. Get a 15 year number and go to MMT meeting. Do your 'right to coin' on 15 year intervals instead of 2.
Your number specifies the amount of federal debt you want burnt over 15 years. We agree to a simple non profit Fed rule: Keep the one sigma price variation at 3%, and price entry and exit to keep a stable crowd. Otherwise fair trade loans to deposits and post currency losses. Congress agrees Fed may allow government S/L accounts, in general.
If Congress reneges, the court vacates the contract and bonds transferred. But Congress will agree, always, as they are clearly better off with government accounts on cash flow and more debt to default. Waiting for renewal will always be the best option.
Finance will love this, government much more efficient, almost a point more efficient every year, for sometime. But all the government price fixes and guarantees will be no good beyond five years or so, there is no natural accommodation, G competes fairly with I. Spectral containment, any change over the period will not pay for itself.
And, unbelievable to her constituents, they 'been there, done that', and the interest charges are fearsome. Remember, we just went through a three year period in which mortgage rates doubled Prior to that we had the Obamacare tax shocks of a lifetime. Prior to that, the run up in gas prices as we stimulated. This crowd has seen it, a complete sequence of tricks, the loop is priced and closing.
We fully expect to add on to the bill, like the following for: teachers and renters and unions and multiculturalists. A huge pack of Dems fighting for a spot in line, each having their own 50 billion dollar goodie. Scare the shit out of the voter, really.
Lease out the right to coin and the white guys can fix things.
As an Old White Man in the mix, and redneck when I want, I have advice. Get a 15 year number and go to MMT meeting. Do your 'right to coin' on 15 year intervals instead of 2.
Your number specifies the amount of federal debt you want burnt over 15 years. We agree to a simple non profit Fed rule: Keep the one sigma price variation at 3%, and price entry and exit to keep a stable crowd. Otherwise fair trade loans to deposits and post currency losses. Congress agrees Fed may allow government S/L accounts, in general.
If Congress reneges, the court vacates the contract and bonds transferred. But Congress will agree, always, as they are clearly better off with government accounts on cash flow and more debt to default. Waiting for renewal will always be the best option.
Finance will love this, government much more efficient, almost a point more efficient every year, for sometime. But all the government price fixes and guarantees will be no good beyond five years or so, there is no natural accommodation, G competes fairly with I. Spectral containment, any change over the period will not pay for itself.
If Goofy is X then Pluto is Y
The debate is revived in my head, I have a query. Can the dog know what the opposeable thumb is? How? Dogs never tried, once in millions years to make thumb meet forefinger.
Then, what is an opposeable to my Chihuahua? It is a mouth, it has soft teeth, and great to wrestle, like a fetch toy. And that brings up the other question, if my hand is a mouth, then does my chihuahua connect my hand to my face, which gets licked quite frequently? No, my chihuahua thinks me a pack, or thinks me a dominant with a bunch of fetch toys is more likely. It likely equates my hand with a stuffed bear.
But is my chihuahua typical? That brings up the goofy/Pluto paradox, I do not think the chihuahua typical. The equation is:
Dog = Goofy then Chihuahua = Pluto.
I believe the chihuahua was an evolutionary mistake. An evolutionary attempt to take over rodent space, and the species got stuck, the rodents too big. The chihuahua stuck with an inability to model a huge thing, gave up part of its brain, to crawl in rat tunnels.
A real dog would figure me out, make me a connected whole, a dude with three mouths.
Then, what is an opposeable to my Chihuahua? It is a mouth, it has soft teeth, and great to wrestle, like a fetch toy. And that brings up the other question, if my hand is a mouth, then does my chihuahua connect my hand to my face, which gets licked quite frequently? No, my chihuahua thinks me a pack, or thinks me a dominant with a bunch of fetch toys is more likely. It likely equates my hand with a stuffed bear.
But is my chihuahua typical? That brings up the goofy/Pluto paradox, I do not think the chihuahua typical. The equation is:
Dog = Goofy then Chihuahua = Pluto.
I believe the chihuahua was an evolutionary mistake. An evolutionary attempt to take over rodent space, and the species got stuck, the rodents too big. The chihuahua stuck with an inability to model a huge thing, gave up part of its brain, to crawl in rat tunnels.
A real dog would figure me out, make me a connected whole, a dude with three mouths.
Let us return to Morse Code
Buttigieg (D)(2): “Pete Buttigieg Stuns Campaign Crowd By Speaking To Manufacturing Robots In Fluent Binary” [The Onion]. “‘…01000001 01101101 01100101 01110010 01101001 01100011 01100001 01101110 01110011 00101110 00100000,’ said the 37-year-old South Bend, IN mayor to the awe-struck machines, delivering the message by emitting a series of high-pitched tones and beeps with a perfect accent. ‘To all of you, I say 01100001 01110011 00100000 01110000 01110010 01100101 01110011…'” • I can’t believe The Onion did that! (There are a lot more zeroes and ones in the original….).Really, -- --- .-. ... . .. ... ...--- -- ..- -.-. .... . .- ... .. . .-.
Great code, works with blind, deaf, a bit of touch is enough, in both directions. I should have recommended it to Steve. If you are injured, and only one toe works, then Morse Code is your thing.
Beto be at Camp Town:
O’Rourke (D)(1): “Beto O’Rourke opens his California campaign Saturday in Los Angeles” [Los Angeles Times].Beto in Texas and California seems to enjoy the camptown scene. Nancy used to hang around So Cal border for camptown time. I think camptown is a new venue, here to stay, it has economies of scale.
Did they mention the cost of flooding?
Wisconsin Dairy Farmers Going Bankrupt In Record Numbers, Blame Trump Tariffs
Wisconsin dairy losses will not take us down, but secondary effects from the ongoing floods will. So read the article, I didn't, and look for secondary effects from the floods.We have a camp town in LA
Ocasio-Cortez: 'I Don't Care If You're Documented Or Undocumented'
Bring your sleeping bag, the border patrol will issue a bus ticket, come on out.After the shock value, AOC hands the job of payments off to the white guy, we always get a Jerry Brown in the end. This time is no different. She has run out of super wealthy to cover the extremes, and austerity is setting into LA, even the multiculturals are getting worn out.
Kevin has been misinformed
Millennial incomes are no lower than previous generations. Nor, generally speaking, are millennials more in debt, less likely to own a home, or less likely to spend money. You can pick out a few small differences depending on how you cherry pick years and which generations you compare to, but millennials right now are roughly as well off as young people in previous generations and their spending habits are pretty similar too.I have a chart, it tell me what proportion of out income pays for Kevin Drum's boomer debt:
Unsustainable. Boomers were paying those charges in the 80s. Millennials are not living the horror show.
Kevin, like the rest of the Keynesians, are better off settling on a number they can bring to the MMT meeting, in time for some old fashioned Hcksonian. We always do it.
Sunday, April 28, 2019
All of us are selling America's right to coin
Paul Krugman: The Great Republican Abdication: "The modern G.O.P. is perfectly willing to sell out America if that’s what it takes to get tax cuts for the wealthy...Both Republicans and Democrats; selling our American birth right for a nice price.
If you do not like the price, give us your number or be uninvited and skip the MMT meeting. No more talking points, incantations and genuflects, time to deal.
Austerity, spreading across the land
Being a local mayor is becoming difficult, and this is spreading to county education departments. Who gets the new funds? Nurses and hospitals.
All these cuts are in the 5-10% range, relative to the plan one year ago. This is enough to show up on aggregate new hires, fewer entry level jobs, like summer jobs with the city. This is still, moderate, short lived recession soon.
Whitey isn't doing the White Man's Burden, anymore
White identity politics is about more than racism
A new discovery by political scientists, Whitey didn't do it, nor did the Jews while we are on the topic. So the advice to all the other multiculturals when you ask for Whitey to fix things, Whitey be be retired, like Jerry Brown.
This is the argument Duke political scientist Ashley Jardina makes in her book White Identity Politics. Drawing on a decade of data from American National Election Studies surveys, Jardina claims that white Americans — roughly 30 to 40 percent of them — now identify with their whiteness in a politically meaningful way. Importantly, this racial solidarity doesn’t always overlap with racism, but it does mean that racial identity is becoming a more salient force in American politics.
A new discovery by political scientists, Whitey didn't do it, nor did the Jews while we are on the topic. So the advice to all the other multiculturals when you ask for Whitey to fix things, Whitey be be retired, like Jerry Brown.
Fake Hate Things Crime Crime
Last week, a restaurant in the Canadian city of Winnipeg was allegedly defaced by racist graffiti and swastikas. News outlets described it as one of the "most brazen" attacks on the Jewish community in recent memory. A prayer vigil was planned for today.That event has been cancelled amidst revelations that the Winnipeg police now believe the hate crime was a hoax staged by the Jewish owners of the BerMax Caffe. All three were arrested and charged with "public mischief," which is the Canadian equivalent of misleading police investigators.And in addition, Conspiracy to Fake Hate Things Crime Crime. "Me and my pal, busted for the old CFHTCC".
Three color banking
Amazon just made Prime even harder to cancel
Jeff is reducing shipping costs for Prime customers. and taking a loss to do it.. Why not just offer Prime customers a deposit and loan facility? Run the Prime credit system as an entirely independent entity? His advantage at Amazon is that he has a prequalified customer set, he knows them to have consistent budgets already and his scofflaw costs drop.
Lord of the Flies Land
This is the white man's burden in my hometown.
OK, take a guess. Which culture has armed gangs that shoot up strangers? Those are not the Lilly White Flighters, they have already left the scene years ago.
--------------------
Here is George Will, a new Nixon Voter
A hail of assault rifle gunshots rang out at an apartment complex overnight Saturday, killing two parents of young children and ending what Fresno Police Chief Jerry Dyer described as “a very violent night in our city.” At a news conference on Sunday, Dyer said four shootings occurred in the city Saturday night into Sunday morning. No arrests had been made any of the cases as of Sunday afternoon.
Two people were shot and killed around 2:22 a.m. Sunday near Ashlan and Fruit avenues that left three children without parents. Five people, including three adult siblings and two teens, were parked in a car inside the Parks at Fig Garden apartment complex when several males walked up to the car and asked what they were doing there, Dyer told reporters Sunday. The people inside the car did not provoke the incident in any way and were there visiting a friend Dyer said. The group of men told the people in the car to leave. According to Dyer, two of the men pulled out guns as the car was leaving — one had an assault rifle, the other a handgun — and fired 26 shots at the car.
OK, take a guess. Which culture has armed gangs that shoot up strangers? Those are not the Lilly White Flighters, they have already left the scene years ago.
--------------------
Here is George Will, a new Nixon Voter
Biden Is Well-Positioned To Offer Chaos-Weary Voters A Rest
We hunger for the white guy who adds and subtracts. AOC and Kamala need a clue fairly fast, else the old white guys are in charge at MMT time.
Here we have Baltimore, Lord of the Flies land:
Here we have Baltimore, Lord of the Flies land:
Eight people were shot, leaving one dead, in West Baltimore Sunday evening as police say a man opened fire on a cookout.The mayor has run off, hiding from bribery charges. White Man's burden, no doubt. We need better affirmative action, can't we find someone other than the Old White Man?
Baltimore Police Commissioner Michael Harrison said the gunman approached two cookouts at the corner of Edmondson and Whitmore avenues and began firing indiscriminately into the crowd, striking several men and women. Officers were called to the scene at 5:03 p.m., the department wrote in a news release.
Oil wars and neighbors
Looks like Kurds won the oil by outing deranged marauding Arabs.
Now the deranged marauding Arabs want their oil back, but so does Bashar and the Allrighties. The Arabs get a share of the oil when they agree to stop running around with their bizarre violent religion.
Now the deranged marauding Arabs want their oil back, but so does Bashar and the Allrighties. The Arabs get a share of the oil when they agree to stop running around with their bizarre violent religion.
“Where is our oil? We won’t accept after today to transport our wealth outside our areas,” said a banner held by demonstrators in the village of Al-Shanan, pictures of which were sent by residents to Reuters and published on social media.
Residents, protesters and tribal chiefs said convoys of tankers from the nearby oil field of al Omar, the largest under YPG control in Syria, had been turned back by local mobs angered by what they see as theft of oil from their region.“No to Kurdish occupation,” chanted protesters in Husayn, one of the towns witnessing large protests.Spearheaded by the Kurdish YPG militia, the SDF has been the main US partner in Syria and has driven Daesh out of a swathe of the country’s north and east over the last four years.The YPG has formally declined comment on the unrest but two officials privately told Reuters they had begun talks with tribal elders over demands from local residents that include ending arbitrary arrests.The SDF has continued to sell oil to the Syrian government in Damascus despite US misgivings. It has increased shipments in recent weeks to ease acute fuel shortages caused partly by US sanctions on Iran, a main financial supporter of the Syrian government, which are hurting the Syrian economy.By ousting Daesh from Deir Ezzor, the YPG laid its hands on some of Syria’s biggest oil fields, beating the Syrian army and its Russian backers to the prize.
No Mexico without California
The Mexico Tragedy
This is beyond Kamala's league, she is self-delusional. The white guy, Gavin, has to indicate the direction, keep the equatorials educated.
Consider the agility of the drug trade. Mexicans have supplied the U.S. with illegal substances for more than a century—beginning with marijuana and heroin between the world wars, then Colombian cocaine in the 1980s, methamphetamines a decade later, and now fentanyl, by way of China. What began as a small, locally controlled business has evolved into a multibillion-dollar industry dominated by large networks that clash and collude with one another and with the state. Violence intensified after the PRI’s defeat in 2000 scattered power among competing factions. It grew still worse after 9/11 prompted the U.S. to harden the border.City Journal has much more on what is happening in Mexico. What we see is a mix, the interaction of Mexico and California, like two galaxies colliding. The narrative driven by the cartel funded non-profits, the same groups organizing the caravans.
This is beyond Kamala's league, she is self-delusional. The white guy, Gavin, has to indicate the direction, keep the equatorials educated.
Excess reserves still dropping
The counter balance is, all things being equal, the Fed still keeps all treasuries on the balance sheet, and they get an implicit rate cut via returned gains. That is, fewer deposits, smaller payouts on interest, more rebates back to Treasury.
Think about that loop, it is the 'right to coin' loop, via the gain clause. Congress really makes no money, it really means: before Treasury acts like a normal lender, it will confer with Fed. It seems innocuous, until it isn't.
The extra step is required for 'right to coin', and that is why I distinguish between the currency banker and central banker. I can do the currency banker, in pure sandbox, as two color. For two years I wanted to avoid the three color issue, but central banks requires the loop. The right to coin has an equivalent insurance value, it lets government get first choice at the commutative property machine. Now Keynesians write equations about the symmetry of G. But it cycles.
In which I have no answer
The country has been mired in chaos since the NATO-backed uprising that deposed and killed dictator Muammar Qaddafi in 2011.
Libya, a chaos in action. The whole mix is in there, and all of them got a militia to match. Gone are the days when the Romans handled all this. Trump and Putin agree about the solution, oddly.
And the solution to airline software management?
It is a problem I have now solved with the simple mantra:
Keep the total parameters space up to date and communicate, communicate, communicate the total parameter space to all autonomous systems.
Auto trim, yes, if the system knows, where, when, visuals, mode, etc, etc, etc. Just constructing a completely defined parameter space, that alone will organize your logic. Then what is the constraint in multi-processing? Communicating the aggregate view fast enough that it be accurate to all subsystems. You have inherent distribution error, add that in, warn pilots.
This is the heart of the AI concept, constructing sensors and actions to match with minimal uncertainty. The black box always has the best, and latest estimate of total parameter space, as known by all, with bounded congestion!!!!
Keep the total parameters space up to date and communicate, communicate, communicate the total parameter space to all autonomous systems.
Auto trim, yes, if the system knows, where, when, visuals, mode, etc, etc, etc. Just constructing a completely defined parameter space, that alone will organize your logic. Then what is the constraint in multi-processing? Communicating the aggregate view fast enough that it be accurate to all subsystems. You have inherent distribution error, add that in, warn pilots.
This is the heart of the AI concept, constructing sensors and actions to match with minimal uncertainty. The black box always has the best, and latest estimate of total parameter space, as known by all, with bounded congestion!!!!
My housekeeper and shopkeeper
She runs errands to the corner store, an intermediary. I sign the order. and pay the tab every couple of weeks. My ATM charges for cash drop way down, in its place is spiral notebook, ink and paper block chain. I cheat, I know the goods flow the shopkeeper deals with, and I have sub selected my regular purchases for low volatility, we both go through the order book, together, like collusion. My daily order almost always the same subset. I have beaten Bezos at his own game, and always will.
Boomer need give us a number
In our MMT moment, there is no clause that says,'Boomers get their usual guarantees'. There is a clause that says,'Boomers gave us this number as a starting point for right to coin over 15 years'. It is Simon Wren's favorite number, the generational overlap efficiency, and boomers make him proud by giving us their number. We need it in the meeting, else boomer insurance gets folded into other accounts.
It is a triple entry accounting problem, the more we default, the higher the monetary release, the more difficult to maintain senior budgets. But boomers have to bring their number to the meeting, as the meeting will happen. Investors should short the process, force it to be 15 year smooth. AOC crowd can get their number, start posting same. It is time to get a sample that meets spectral constraints, start hedging that number, and force the MMT meeting into contract.
The problem is that the outcome is Pareto efficient, aggregate numbers look better after the deal than before due to predicted efficiency gains, finance goes long and no longer pays attention. This is like herding a generation of cattle through a constrained cattle chute.
Simon was right, of course, Nyquist was doing the same overlapping generations model. But if things aggregate, then in reverse, we must, of necessity, engage in Simon-Wren overlapping, else we have no aggregation tendencies.
If we fail to prepare, we overlap with a wide band, overnight ker-thunk, and we will be a cyclo stationary impulse response, as we do not have the capacity to overlap at the higher rates. The cost of excess capacity is the cost of delay caused by internal commutative exercises. The wide band impulse response, we are delayed in executing the commutative property needed to maintain distribution algebra, the container size algebra. We literally run around with nearly empty loads on deliveries, trying to keep up with order volatility. The exchange basket sizes incoherent with the exchange quantities, velocity equations failing because inventory amount cycle, a requant happens.
In other words, Simon-Wren, we are quasi stable, it actually takes a bit ofenergy wealth to maintain agreement about basket sizes everywhere. Knocking the currency baker around is a bad idea in a quasi stable process, there is no natural path to the next equilibrium until it is suddenly is needed, white noise, a fixed energy barrier, a quantization cost and we tunnel through it with a slight inventory slop needing precision.
It is a triple entry accounting problem, the more we default, the higher the monetary release, the more difficult to maintain senior budgets. But boomers have to bring their number to the meeting, as the meeting will happen. Investors should short the process, force it to be 15 year smooth. AOC crowd can get their number, start posting same. It is time to get a sample that meets spectral constraints, start hedging that number, and force the MMT meeting into contract.
The problem is that the outcome is Pareto efficient, aggregate numbers look better after the deal than before due to predicted efficiency gains, finance goes long and no longer pays attention. This is like herding a generation of cattle through a constrained cattle chute.
Simon was right, of course, Nyquist was doing the same overlapping generations model. But if things aggregate, then in reverse, we must, of necessity, engage in Simon-Wren overlapping, else we have no aggregation tendencies.
If we fail to prepare, we overlap with a wide band, overnight ker-thunk, and we will be a cyclo stationary impulse response, as we do not have the capacity to overlap at the higher rates. The cost of excess capacity is the cost of delay caused by internal commutative exercises. The wide band impulse response, we are delayed in executing the commutative property needed to maintain distribution algebra, the container size algebra. We literally run around with nearly empty loads on deliveries, trying to keep up with order volatility. The exchange basket sizes incoherent with the exchange quantities, velocity equations failing because inventory amount cycle, a requant happens.
In other words, Simon-Wren, we are quasi stable, it actually takes a bit of
Was Mueller about sexual mass hysteria?
OK, a little review. How many men had this image of Hillary naked in the shower, all saggy of her? It happens, we be biological bots and all.
Libertarians laugh it off as a very good reason to keep central government at low profile. The Texas castratti NRA types have a difficult time, they get hysterical.
But pity all these hopeful women, wanting so much for Hillary to win, and what does their mind implant? A naked Trump, glittering in his golden ornamented shower. Then, overnight, Trump wins, shocked us all. Women would have suffered political sexual hysteria, the agonizing thought that their owndream idée fixe caused the election. The mass hysteria would have required a national cleansing, a sort of talk therapy, and that was Mueller's job. It was all about hysterical women and Kevin Drum. You talk about transaction costs!
The real goods shipment in this goofy channel remains as it always was, Trump wants to build a hotel in Moscow. Building hotels is as good a foreign policy as any other, I say build that damn hotel and be done with it. The women will get over the fact that yet another sexist male ego tripper ends up with a hotel on Broadway and a get out of jail card.
Libertarians laugh it off as a very good reason to keep central government at low profile. The Texas castratti NRA types have a difficult time, they get hysterical.
But pity all these hopeful women, wanting so much for Hillary to win, and what does their mind implant? A naked Trump, glittering in his golden ornamented shower. Then, overnight, Trump wins, shocked us all. Women would have suffered political sexual hysteria, the agonizing thought that their own
The real goods shipment in this goofy channel remains as it always was, Trump wants to build a hotel in Moscow. Building hotels is as good a foreign policy as any other, I say build that damn hotel and be done with it. The women will get over the fact that yet another sexist male ego tripper ends up with a hotel on Broadway and a get out of jail card.
Saturday, April 27, 2019
General Flynn's crime
Flynn also agreed that he lied about his lobbying activities in federal filings related to work on behalf of the Republic of Turkey throughout the 2016 campaign.And, like Cohen, Flynn had no dealings with emails or Russians. He was double dipping like everyone does back there. This whole Mueller fiasco was all about Hillary going hysterical and taking the down party with her.
I will bump the scary chart index
If we could just chuk it right now and say, hey, let's get our MMT done, then use the upcoming recession as the changeover point to get the new system in place.
Millennials and the super wealthy will buy into this minor Nixon shock of mine, it is the baseline agreement.
The Boomers seem a bit scaredy pooh. They will be under a fifteen year contract, with a renewal option. So they have to get their pay off number and go to MMT meeting. That meeting is likely to include the entitlement trade off.
But no more magic, the jig is up and the various tribes have to put numbers to their incantations and price them for the long term.
After the hacks discovered
DOJ emails show Nellie Ohr on May 30, 2016, directly alerted her husband and two DOJ prosecutors specializing in international crimes to the discovery of the “black ledger” documents that led to Manafort’s prosecution.
This is Nellie, private citizen leaking information to DOJ about political payments, by Manafort
on a case that was closed, prior. Now, at this point, the FBI had already discovered the hacks, shut them down. The hackers get no more emails. The FBI had not yet heard back from Downer about the word emails. Two weeks later Assange announces he has them. The FBI and Hillary knew, Crowd Strike had to warn Hillary. Hillary and the FBI almost certainly guessed emails.
This is three weeks after the second hack discovered, right after the mysterious russian lady appears. Does it matter who sent the Russian lady? No, the jig was up, emails was on everyone's mind, it would be indistinguishable what source the word 'emails' came from. It was going to appear within a week anyway, and likely had been floating around before. The entire episode is about one mysterious appearance of a Russian lady, and gossip about email hacks.
And, at the time, even a Putin niece, hanging around the diplomat bars, would not be immune to gossiping about political dirt. Even, likely, Putin fishing a bit since the gig was up, sent her along. It was all a big 'So what'?, collusion was practically public everywhere anyway, and not necessarily illegal.
What about the long term Manchurian candidate thing?
Trump was, still is, a hotel salesman. They don't manchurian for anyone, they are bribed by buying hotel rooms today. That was in fact one of the exonerating points, Trump was ready to be bought for a hotel, still is. Putin never needed emails.
Fake mohummerdude gets beheaded by real thing
Saudi Arabia mass execution – Lad, 16, tortured with electricity and BEHEADED just for sending WhatsApp messages about protests
Iranians need to revert back to Zoroastrianism. One way or the other Persians have to deal with marauding camel jockies, faking it is no help. No self respecting Pesian wants to be known as a mohummerdude.
Iranians need to revert back to Zoroastrianism. One way or the other Persians have to deal with marauding camel jockies, faking it is no help. No self respecting Pesian wants to be known as a mohummerdude.
Nor teachers more important than LA camptowns
Notre Dame can't be more urgent than people without food and shelter
So, what is it? Nurses or teachers go to camp town, otherwise one or the other be in the housing business. Nurses and teachers, both fighting to be the new entitlement.
As nurses, we have both spent our careers dealing with issues that impact the well-being of individuals and the larger community. We witness hunger and homelessness as both urgent local and global problems that require a collective spirit aimed at rectifying these problems.
And while we are not global policy experts, as nurses we are committed to helping people realize their fullest health potential. Hunger and homeless are barriers to achieving this goal and demands that we use our voices and collective advocacy to eliminate hunger and homelessness.
So, what is it? Nurses or teachers go to camp town, otherwise one or the other be in the housing business. Nurses and teachers, both fighting to be the new entitlement.
Oliver running guns again?
NRA president Oliver North just resigned in a dramatic fashion as rumors of infighting, extortion, and financial impropriety swirl around the embattled gun lobby group
There were also rumors of Rick Scott, High Schools and AR15s.
There were also rumors of Rick Scott, High Schools and AR15s.
Dear Elizabeth Warren: Don’t Make Other People Pay Off My Student Loans
Since my April student loan payment to the U.S. Department of Education was processed, I now have about $15,575 remaining on my balance for Denver’s Regis University, from which I graduated in 2011. Earlier on, as I paid back much of my debt mountain, I took out a few forbearances.In other words, I know what it’s like to feel the strain of student debt. But hardship and costliness are not enough to justify forcing taxpayers to pay my bills for me, or anyone else’s.The poster graduated in 2011, voted once and now owes $100,000 for federal stuff he never voted for. There is a transition point, now, where he and his parents are not sure who voted for all this. The issue is, how is he going to vote next time. A wrong vote and suddenly he has no claim come the moment of MMT.
Biden Dirt
The January 2016 gathering, confirmed by multiple participants and contemporaneous memos, brought some of Ukraine’s top corruption prosecutors and investigators face to face with members of former President Obama’s National Security Council (NSC), FBI, State Department and Department of Justice (DOJ).The agenda suggested the purpose was training and coordination. But Ukrainian participants said it didn’t take long — during the meetings and afterward — to realize the Americans’ objectives included two politically hot investigations: one that touched Vice President Joe Biden’s family and one that involved a lobbying firm linked closely to then-candidate Trump. -The Hill
New information about the old scandal. Trump building hotels and Hunter Biden getting gas fees, along with Kerry, I hear. Except Trump was a private citizen, and made no bones that he hired lobbyists to build hotels.
Joe Biden and the mayor of Baltimore need one of those free pass on Fake Hating Things Crimes Crime, for a fee, of course. An ambiguity in the law specifically for this purpose, like an infinity.
Painting targets on high school kids
Trump and Pence tag-team for familiar refrains at NRA conference
Want your kids dead? Rick Scott is your best bet.
Want your kids dead? Rick Scott is your best bet.
How many groups doing deals with Russians and Ukrainians?
This is what the Mueller report should have shown, the complete sequence
Hillary using Steele to buy Russian dirt. Manafort using Ukraine to acquire dirt. Biden an Gore in Ukrainian gas board dirt. Trump doing hotel deals an digging up dirt. Uranium One, then add to this whole mess, the FBI conspiracy against Trump.
It is a zoo, quite frankly, and that is a good summary of the whole stinky Mueller mess, and the Mule Manure will forever be associated with the name Mueller. A new form of MMT, Mule Manure Theory.
This time line is nuts:
Start here:
All through the summer of 2015, the DOJ was releasing Hillary's personal stuff.
Then after the personal server fiasco we move on to DNC hacks: By the mid 2015, the FBI already knew about the first DNC hack, and emails everywhere,
Sanders, Oct 2015:
Mar 31, 2016 Papa proposes a summit
Apr Guccifer gets busted soon after installing a second virus.
May 2016 Downer meeting, fourth hand word of email
June 9, Trump Tower meeting
Mid June Assange admits knowing of the emails.
Late June 2016, Guccifer 2.0 informed reporters to visit the DCLeaks
June 2016, first DNC emails released
In May, Papa thinks this is typical political dirt, available for insider gossip. That leaves four weeks to negotiate and execute a collusion plot, two weeks if we count from the Trump Tower meeting. The obscure Russian lady reveals the emails about the same time Fancy bear is busted, game over.
July 2016:
Then we are still doing personal server stuff:
2 September – FBI releases documents on Clinton emails
28 October – FBI reviews new emails related to Clinton server
Then we see it was a zoo of loose data, and the Russians would have known, right away, their stuff was going to be lost in the noise with a bunch of other stuff. It was an open market for dirty data. They rushed what they had, out the door; as did about four or five other groups more or less. All legal journalism , by the way.
Miftsad, Downer and Papa are just middlemen gossipers, introducing people. Who sent the mysterious Russian lady? She arrived when the game was over, Guccifer busted, like one or the other parties attempting some last minute scam.
Hillary using Steele to buy Russian dirt. Manafort using Ukraine to acquire dirt. Biden an Gore in Ukrainian gas board dirt. Trump doing hotel deals an digging up dirt. Uranium One, then add to this whole mess, the FBI conspiracy against Trump.
It is a zoo, quite frankly, and that is a good summary of the whole stinky Mueller mess, and the Mule Manure will forever be associated with the name Mueller. A new form of MMT, Mule Manure Theory.
This time line is nuts:
Start here:
In 2013, Romanian hacker Marcel Lehel Lazăr (aka "Guccifer") distributed private memos from Sidney Blumenthal to Clinton on events in Libya.
According to security researchers at Secureworks the email leak was caused by Threat Group-4127 (TG-4127),
All through the summer of 2015, the DOJ was releasing Hillary's personal stuff.
Then after the personal server fiasco we move on to DNC hacks: By the mid 2015, the FBI already knew about the first DNC hack, and emails everywhere,
Sanders, Oct 2015:
“The American people are sick and tired of hearing about your damn emails.”Sanders Dec 2015:
Sanders apologizes to Clinton directly for staffers who accessed private voter data belonging to his rival’s campaign.Emails, hacking and data theft all the rage for over a year. Now we get the Trump collusion:
Mar 31, 2016 Papa proposes a summit
Cyber attacks that successfully penetrated the DNC computing system began in 2015. Attacks by "Cozy Bear" began in the summer of 2015. Attacks by "Fancy Bear" began in April 2016. It was after the "Fancy Bear" group began their activities that the compromised system became apparent.Apr 15 2016 Papa hears 'email', third hand
Apr Guccifer gets busted soon after installing a second virus.
May 2016 Downer meeting, fourth hand word of email
DOJ emails show Nellie Ohr on May 30, 2016, directly alerted her husband and two DOJ prosecutors specializing in international crimes to the discovery of the “black ledger” documents that led to Manafort’s prosecution.
June 9, Trump Tower meeting
Mid June Assange admits knowing of the emails.
Late June 2016, Guccifer 2.0 informed reporters to visit the DCLeaks
June 2016, first DNC emails released
In May, Papa thinks this is typical political dirt, available for insider gossip. That leaves four weeks to negotiate and execute a collusion plot, two weeks if we count from the Trump Tower meeting. The obscure Russian lady reveals the emails about the same time Fancy bear is busted, game over.
July 2016:
FBI director James Comey recommends no criminal charges against Clintonfor her handling of classified information while she was secretary of state but rebukes her for being “extremely careless”.FBI director Comey knew about the Crowd Strike report for nearly a year.
Then we are still doing personal server stuff:
2 September – FBI releases documents on Clinton emails
28 October – FBI reviews new emails related to Clinton server
Then we see it was a zoo of loose data, and the Russians would have known, right away, their stuff was going to be lost in the noise with a bunch of other stuff. It was an open market for dirty data. They rushed what they had, out the door; as did about four or five other groups more or less. All legal journalism , by the way.
Miftsad, Downer and Papa are just middlemen gossipers, introducing people. Who sent the mysterious Russian lady? She arrived when the game was over, Guccifer busted, like one or the other parties attempting some last minute scam.
Mueller's other known implausibility
Mueller used to be in the FBI, and was now head of the team looking for the source of the word 'emails'. At the time of the Downer meeting, the FBI had already know about the original hack, and crowd strike just spotted the second. So the hackers lost their source at that time, the same time that the words 'email' began to be spread by Assange.
So Muedller knew, right away, all parties had the word, the hack was busted. It would have been impossible to collude, ti was all over the White House, the DNC was hacked.
The word 'emails' became more widely known at about the time of the Downer meeting. Papa was the middle link in one five element chain from the Russian gal to Downer and the FBI. There were likely four or five other chains. Among the local crowd, likely twenty or more knew 'emails' by that time, and another 500 mistakenly remembered the personal server emails, and the missing batch.
Mueller, the White House, DOJ, knew, day one, that this was not an investigation of collusion, but a politically motivated wide ranging 'look see'. And that is manageable by the president, there is not, never was obstruction. Well known exculpatory evidence. Andy Napaloteon, the public lawyer is full of shit, my legal opinion.
Remember the icky feeling we had about Mueller? We were all there, sort of glued to our pundits and conspiracy theorists; run time entertainment, tweeted as we go. And it was already discovered, by FBI and concluded by Crowd Strike, and nearly public knowledge from day one. The more likely reason that Assange rushed the emails out was because everyone except Trump knew what was happening. Hillary obviously kept up to date. This was a committee of investigation from day one, not a DOJ crime scene. Trump walks into office, and the DOJ is obliged to show him exculpatory proof of a non crime. Game over.
So Muedller knew, right away, all parties had the word, the hack was busted. It would have been impossible to collude, ti was all over the White House, the DNC was hacked.
The word 'emails' became more widely known at about the time of the Downer meeting. Papa was the middle link in one five element chain from the Russian gal to Downer and the FBI. There were likely four or five other chains. Among the local crowd, likely twenty or more knew 'emails' by that time, and another 500 mistakenly remembered the personal server emails, and the missing batch.
Mueller, the White House, DOJ, knew, day one, that this was not an investigation of collusion, but a politically motivated wide ranging 'look see'. And that is manageable by the president, there is not, never was obstruction. Well known exculpatory evidence. Andy Napaloteon, the public lawyer is full of shit, my legal opinion.
Remember the icky feeling we had about Mueller? We were all there, sort of glued to our pundits and conspiracy theorists; run time entertainment, tweeted as we go. And it was already discovered, by FBI and concluded by Crowd Strike, and nearly public knowledge from day one. The more likely reason that Assange rushed the emails out was because everyone except Trump knew what was happening. Hillary obviously kept up to date. This was a committee of investigation from day one, not a DOJ crime scene. Trump walks into office, and the DOJ is obliged to show him exculpatory proof of a non crime. Game over.
Where was great white father?
How California’s faltering high-speed rail project was ‘captured’ by costly consultants
Of course we did this to ourselves, lawyers and unions manage the monarchical right of law. That is our source of resentment, we always have to rely on the white guy at governor to sort our crap out.
Suggestion. Adding and subtracting first, multi-culturalism second.
Friday, April 26, 2019
The Fresno County Shrink
The medical person in charge of addicts, mostly.
They have this problem, they rarely see the patient, and the patient is pumping psychoactive drugs are an order of magnitude too high. And something like fentanyl is made to pop the brain blood barrier simply.
So the deputy shrinks can only lob the various psychoactive medicines they have, in experiments run over a two year period of six or eight meetings. A dart throw. I now this stuff, and I get overwhelmed in going over some of these prescription lists. All of them effect that critical emotional homeostasis center of the brain. Beware the shrink, if you are clean, the shrink knows less than he claims about these drugs.
They have this problem, they rarely see the patient, and the patient is pumping psychoactive drugs are an order of magnitude too high. And something like fentanyl is made to pop the brain blood barrier simply.
So the deputy shrinks can only lob the various psychoactive medicines they have, in experiments run over a two year period of six or eight meetings. A dart throw. I now this stuff, and I get overwhelmed in going over some of these prescription lists. All of them effect that critical emotional homeostasis center of the brain. Beware the shrink, if you are clean, the shrink knows less than he claims about these drugs.
Been there, done that
School spending popular, taxes not so much
Dan Walters, still opining on Cal Government. This time, the usual, voters want more school spending less taxes. Poll support for the new property taxes is weak, and they need a 2/3 majority. [How do we exercise states rights with a minority?].
The solution to this contradiction is what the vast majority of Cal voters really want, the white guy who can add and subtract at the governorship. We know we are nutty, really. White sexism is the price we pay for irresponsible voting.
Look back at Cal history, going 20 years. If the White Guy at the guv house screwed up, the economy screwed up. The Great White Father, he has the ice gene and can do abstract algebra automatically. Do not elect anyone south of Fresno, if we can avoid it, already too equatorial. The gals can go be senators. Just imagine a Nancy as governor, the system would fall apart, everyone be checking if the numbers add and Nancy having no clue.
The zoo of added entitlement coming from the lady candidates, plus Bernie and the thing for all stuff; it scares the shit out of those millennial gentrifiers, the ones who put AOC in power. When we get a growth spurt like this, just prior to primaries, the fantasies get out of control. All the Dem be adding to the list, and that be jamming the budget process something fierce. Trump is barely a Nixon alternative. Boobs Biden? Scary nightmare, he won't understand the generational change issue. We need a plain spoken Redneck, except more sublime, like a youthful Jerry Brown. That Indiana mayor might work.
The likelihood that we get a stable, intelligent group for the MMT meeting? Not good.
The zoo of added entitlement coming from the lady candidates, plus Bernie and the thing for all stuff; it scares the shit out of those millennial gentrifiers, the ones who put AOC in power. When we get a growth spurt like this, just prior to primaries, the fantasies get out of control. All the Dem be adding to the list, and that be jamming the budget process something fierce. Trump is barely a Nixon alternative. Boobs Biden? Scary nightmare, he won't understand the generational change issue. We need a plain spoken Redneck, except more sublime, like a youthful Jerry Brown. That Indiana mayor might work.
The likelihood that we get a stable, intelligent group for the MMT meeting? Not good.
And fake hate tax crimes get a break
Judge wants to know: Jussie Smollett gets a break, so why not Home Depot worker?
Those of us who may have, in the past, accused the federal government, with fake evidence, of unfairly targeting us for taxes. I support a reprieve for that (and their taxes) and all groups, who have committed fake hate crimes. A national holiday, Pardon for Fake Hating Things Crimes.
And about 40 million other Trump voters
The Trump campaign knew of Russia’s efforts, and in certain instances even welcomed them. The report makes it shockingly clear that there was a convergence of interests between the two.
Yes, I confess, me and the rest of us. We didn't mind at all, thought it great dirty tricks. It is why we voted Trump, we liked reading Hillary dirt. Otherwise, what is Mueller's point, and why bring up this, clearly a political attack on all that I hold sacred, political dirt.
Mueller simply states, implicitly, Congress can impeach whoever the frig they want to impeach, impeach away. Mueller held, in his hand, the clear impossibility of Trump himself being any more involved than the other 40 million of us during those hectic few weeks. And it was great political theater, an American right, as American as apple pie.
Now wait a minute
- GDP ‘stomped’ estimates, but some factors appear unsustainable, economists say
- Economy grows 3.2% in first quarter, GDP shows, in report showing strength as well as short-term boosts
- Americans are spending less even as incomes are growing — why’s that?
So all this 3.2% is subject to a revision coming up. How do they know? Because they know the bean counters got a price error at the moment, and bean counters be clearing the boards soon.
I hate to have an opinion here, as my odds of being incorrect exceed the alternative. Politely tend positive, avoid ridicule later.
We are on the edge of uncertainty. All the paths are well watched and hedged, and we are judged by unknown swans, a white noise no arbitrage, exogenous condition.
We are on the edge of uncertainty. All the paths are well watched and hedged, and we are judged by unknown swans, a white noise no arbitrage, exogenous condition.
Why we have tent ladies
YAZIDI SURVIVORS OF ISIS RAPE HAVE NEW HOPE AFTER COMMUNITY RULING
The tent hats are supposed to hide the ladies from this problem, namely, sweaty, uneducated teenage boys with the castration complex drilled into them by dufas country preachers.
No Jews in this story, no dirty old white men, no American castratti; it is all their culture, we do it our own way, and quit mixing metaphors. Learn to be a better American asshole, we know you can do it.
Singularity automates agriculture
I am unsure of the details, but it has been leaked to me that this is a bot in the pic to the left. A new biotbot invented by the network, it does farm work, just feed it burritos.
\
I digress. The bigger point maybe better information exchange yields a better understanding and consensus. If you have a NAFTA visa and want to pick strawberries, no one is really complaining. A great discovery. The discovered forensics is the political interference causes bunching and volatile labor mobility. Some would prefer to go back home after the season, or otherwise move to another venue. Or they rushed to the border because of Pelosi and the political hysteria.
Bunching, jamming. This is a blunder the new bots will spot right away, it would be understandable if handfuls of blogs and on line discussions mixed with search engines and translators may have autonomously educated us. It is a primitive singularity in action.
White swan of the decade?
Q1 GDP Smashes Expectations, Soars 3.2% As Fed Finds Itself Trapped
Whoa, Trump will be all over the twitter feed.
Not a problem for the Fed, the Fed can raise a quarter and say,'Screw you', and that would be its job. The Fed, in this case, is supposed to be as surprised as the rest.
This event re-inforces the 'large corporations are efficient' narrative, they got the tax cut, and it appears they are the ones powering through. Trump is a winner on that.
This also re-inforces more government spending, and this is where millennials need care. Corporations being efficient means government relatively inefficient.
Treasury rates are out of wack at the moment, six month cash is 2.45, the ten year is 2.5; five basis points will be adjusted up during the day, I would think.
This event re-inforces the 'large corporations are efficient' narrative, they got the tax cut, and it appears they are the ones powering through. Trump is a winner on that.
This also re-inforces more government spending, and this is where millennials need care. Corporations being efficient means government relatively inefficient.
Treasury rates are out of wack at the moment, six month cash is 2.45, the ten year is 2.5; five basis points will be adjusted up during the day, I would think.
Stimulus of the day
"I think the Fed is moving toward rate cuts," Kudlow said. "That is my view. It's true in the open market, the funds rate has traded a bit high, but I think they're moving toward rate cuts."
Larry Kudlow to Newsmax TV: Fed May Lower Rates Further | Newsmax.com
That would be a bit of nonsense from Kudlow.
I think they have an auto spam generator, each day it designates a spammer and spam, to be repeated by gullible talking heads. When I was on the job we had software
Kudlow is honest enough to point out short time rate trend a bit high. This is all part one of the MMT prep. Note that Kudlow, in the interview, does not expect to be voting Mr Euler much longer, at 71. I have news, though not his doctor. He might get to see a bit of a rate rise if he cooperates on the MMT moment.
How is the herd doing?
Here is Soros on the subject:
The first reflex is Deja Vu, that point the crowd recognizes a supply and demand with a variance observably less than1% sigma*. That causes a partial equilibrium, and leads to 'been there done that' in which agents have learned to exchange internal inventory to accommodate the spectral match, it is hedged and endogenous. it is our Hamiltonian. We can self measure it now.
And that, George, is how you construct your algebra, I get your reflexes in my spreadsheet.
* I mix one percent and one sigma by accident for the simple reason that our price variation is about 3%, max, and have a tendency to divide by three.
Soros has an algebra of the crowd. I have some details.
Financial markets, far from accurately reflecting all the available knowledge, always provide a distorted view of reality. This is the principle of fallibility. The degree of distortion may vary from time to time. Sometimes it’s quite insignificant, at other times it is quite pronounced.
Every bubble has two components: an underlying trend that prevails in reality and a misconception relating to that trend. When a positive feedback develops between the trend and the misconception, a boom-bust process is set in motion. The process is liable to be tested by negative feedback along the way, and if it is strong enough to survive these tests, both the trend and the misconception will be reinforced.
The first reflex is Deja Vu, that point the crowd recognizes a supply and demand with a variance observably less than
And that, George, is how you construct your algebra, I get your reflexes in my spreadsheet.
* I mix one percent and one sigma by accident for the simple reason that our price variation is about 3%, max, and have a tendency to divide by three.
Ready the stimulus
Trump administration pushes for quick action to raise debt limit
The spending cap raise is mostly about other past obligations due now. Taxes are down a bit, and rising everywhere else. Kamala Harris and education is about bailing out the school districts.
Repubs want to set the debt limit just to match current federal spending, except Dems have a new breed that never ordered any of the stuff, especially the bailout of state education.
Investors need increase their hedge against our MMT moment. We will see a sudden shift of state obligations to federal, more than liquidity back there can handle. This is what Repubs are guarding against, finance need hedge it.
I have a conflict of interest, I am 100 percent sure the MMT is coming but will not be a serious crisis. Hedging the MMT makes it more certain, but less volatile. A Pareto efficient preparation.
And, I speculate, the vast majority of financial analysts, and economists agree with the statement:
"Sure, the generational adjustment happens, and sure we can do it better than Nixon" I know because history says this same group of characters do this same stunt every time.
But the effort appears to be getting little traction so far, in part because some Democrats are insisting that any debt ceiling deal come as part of a package of changes that raises spending levels after October. The White House has sent mixed signals as to whether it would support raising spending caps, and Democrats have asked for firm commitments before they will proceed.
The spending cap raise is mostly about other past obligations due now. Taxes are down a bit, and rising everywhere else. Kamala Harris and education is about bailing out the school districts.
Repubs want to set the debt limit just to match current federal spending, except Dems have a new breed that never ordered any of the stuff, especially the bailout of state education.
Investors need increase their hedge against our MMT moment. We will see a sudden shift of state obligations to federal, more than liquidity back there can handle. This is what Repubs are guarding against, finance need hedge it.
I have a conflict of interest, I am 100 percent sure the MMT is coming but will not be a serious crisis. Hedging the MMT makes it more certain, but less volatile. A Pareto efficient preparation.
And, I speculate, the vast majority of financial analysts, and economists agree with the statement:
"Sure, the generational adjustment happens, and sure we can do it better than Nixon" I know because history says this same group of characters do this same stunt every time.
Santa Monica, the union's best friend
Pending financial shortfalls trigger job cuts at City Hall
City Hall will cut about 29 jobs and save $17 million in spending by mid-2021 to prepare for coming financial shortfalls as it pays down its $448 million unfunded pension liability over the next 13 years.Santa Monica is a bell weather for me. The city leaders always put union first, always insured good pensions. That was three years ago, now they change their tune.
Even with an accelerated payment plan for the pension liability that will save $106 million in interest and fewer employees and services, the City of Santa Monica’s General Fund will still be at least $15 million in the red in eight years. The fund, which comprises 60 percent of the City budget and collects revenue primarily from property, sales and hotel taxes, business licenses and parking fees, currently has a $7.1 million surplus.
While General Fund revenues are slowing or declining as more people shop online and fewer use parking lots, pension costs are the main driver of the City’s projected shortfall. The state pension system that covers City employees fell into crisis after the Great Recession and retroactively increased retirement benefits a decade before that. Cities around California now have to make up the lost pension funds and higher costs.
Thursday, April 25, 2019
Professor's answer to the test
The test for central banker candidates, what is the NPV for the 'Right to coin'.
I computed the imbalance over the generation to be 8 trillion, since the bankruptcy was 'declared' by zero crossing in 2009. The amount circulating as bloated debt as we can kicked the generation accounts.
But that always, or mostly, comes with technology advance after the new central banking contract, returning half the imbalance in productivity gains, net 4 trillion loss. All of this is calculated over a 15 year interval. The cost is a net loss of coinage by the central banker at a about 1% per year, at equilibrium, when the contract is up for renewal.
On a renewal basis, Congress is simply defining its constant, real inflation rate over the new contract period. In 15 years, Congress can charge another 4 trillion, and there is another wave of tech that will wash it with productivity. Good news for millennials, take this proposal with you to the meeting of the elders, coming soon, the best deal for all.
How do millennials gain from productivity?
The main point is major programs keep their own S/L account. They are twice as accuraely measured, is a good model. You monthly bills for taking care of mom and dad will gain from inventory smoothness. We will be able o easily separate the pharmacy bills out, and better math term and rates. Millennials need this deal, right now, oday, they should think that government interest term/rate is dropping, from ten at 2.53 to something like five at 1.5, shortly after contract. But there will be periods of volatility, collisions as the opportunistic defaults drop out. It is OK, Congress will have a lot more discretion to adjust accounts more rapidly. Defense cost benefit and inventory control much better managed u the cash flow system. All, leaving a very good future for the millennials, the AOC crowd.
How is this fair?
The vast majority opinion is, yes, central banking is difficult, sparse and stuck by constitution. There will be known bias, and given our sparsity, it is recovered on longer term intervals. Ex post, the Swamp has been in mostly bailout since 2009,the can kick. That is a universal tax on central bank money and dispersed as such fairly by defaults, without the impulse needed. We still have 2.1 generations, and mostly the one is responsible for stalling the productivity improvements. All parties better off if we price it now, get the productivity sooner.
Inflation adjustments
The problem here is that we haveplanned contractually computed inflation, a known Wiener process. Putting a government program on a planned raise may or may not work, so experiment. Most programs are price in and out, they would rather play the S/L. We are not making it to nearly zero inflation until maybe trial number three, we will need a 'been their done that'. Still, half the volatility of Nixon, easily.
I computed the imbalance over the generation to be 8 trillion, since the bankruptcy was 'declared' by zero crossing in 2009. The amount circulating as bloated debt as we can kicked the generation accounts.
But that always, or mostly, comes with technology advance after the new central banking contract, returning half the imbalance in productivity gains, net 4 trillion loss. All of this is calculated over a 15 year interval. The cost is a net loss of coinage by the central banker at a about 1% per year, at equilibrium, when the contract is up for renewal.
On a renewal basis, Congress is simply defining its constant, real inflation rate over the new contract period. In 15 years, Congress can charge another 4 trillion, and there is another wave of tech that will wash it with productivity. Good news for millennials, take this proposal with you to the meeting of the elders, coming soon, the best deal for all.
How do millennials gain from productivity?
The main point is major programs keep their own S/L account. They are twice as accuraely measured, is a good model. You monthly bills for taking care of mom and dad will gain from inventory smoothness. We will be able o easily separate the pharmacy bills out, and better math term and rates. Millennials need this deal, right now, oday, they should think that government interest term/rate is dropping, from ten at 2.53 to something like five at 1.5, shortly after contract. But there will be periods of volatility, collisions as the opportunistic defaults drop out. It is OK, Congress will have a lot more discretion to adjust accounts more rapidly. Defense cost benefit and inventory control much better managed u the cash flow system. All, leaving a very good future for the millennials, the AOC crowd.
How is this fair?
The vast majority opinion is, yes, central banking is difficult, sparse and stuck by constitution. There will be known bias, and given our sparsity, it is recovered on longer term intervals. Ex post, the Swamp has been in mostly bailout since 2009,the can kick. That is a universal tax on central bank money and dispersed as such fairly by defaults, without the impulse needed. We still have 2.1 generations, and mostly the one is responsible for stalling the productivity improvements. All parties better off if we price it now, get the productivity sooner.
Inflation adjustments
The problem here is that we have
The story as I see it
Has been told about the neighborhoods in the heart of chemical warfare.
The prevailing philosophy comes from the non-profit literature, all of it about young Hispanic kids crossing the border freely. Now you know the rest of the story, from the view of a small landlord in the middle of it. Get more accurate news in to the hood, get the kids out of the hood now and then.
The prevailing philosophy comes from the non-profit literature, all of it about young Hispanic kids crossing the border freely. Now you know the rest of the story, from the view of a small landlord in the middle of it. Get more accurate news in to the hood, get the kids out of the hood now and then.
Hand wave the real, current AI model
Take me to a nondescript college campus, to some nondescript two story building. My AI watches the doors, a plain two door entrance. If an asychronous stream of five people per hour go in and out, my AI agent will guess this is the lab building.
This came up in Klings blog. My AI makes a basic assumption, nondesript builds are designed by the same AI algorithm, designed to efficiently flow people throughout the building. So, the door is my hole into a Black Body, and my AI is finding the orbitals inside. But more generally, finding orbitals from a limited and known set of building types. It does not expect an airport inside of a building, it is not doing Isaac's grammar.
This is a hologram algorithm, finding a hidden symmetrical axis that acts as a 'Lagrange' point for all, within the boundary conditions of the finite set. So, for a lab, there are only a few finite ways to spread them out in a two story. So, this general quantization problem reduces to a large uncertainty, finite selection set; more like estimating the NBA rankings going forward then solving an atomic orbital. The hologram concept remains, it is like reverse engineering the Black Body by observing a small, radiation from a tiny hole, except we are extremely sparse.
Pattern matching sparse is a term, much to be contrasted with almost Euler dense. When we are so sparse, our Lagrange points are easily discovered distance measures (small set of numbers) between to finite sequences. In this case, computations should boil down to finite, directed graph; low order (3-9).
This came up in Klings blog. My AI makes a basic assumption, nondesript builds are designed by the same AI algorithm, designed to efficiently flow people throughout the building. So, the door is my hole into a Black Body, and my AI is finding the orbitals inside. But more generally, finding orbitals from a limited and known set of building types. It does not expect an airport inside of a building, it is not doing Isaac's grammar.
This is a hologram algorithm, finding a hidden symmetrical axis that acts as a 'Lagrange' point for all, within the boundary conditions of the finite set. So, for a lab, there are only a few finite ways to spread them out in a two story. So, this general quantization problem reduces to a large uncertainty, finite selection set; more like estimating the NBA rankings going forward then solving an atomic orbital. The hologram concept remains, it is like reverse engineering the Black Body by observing a small, radiation from a tiny hole, except we are extremely sparse.
Pattern matching sparse is a term, much to be contrasted with almost Euler dense. When we are so sparse, our Lagrange points are easily discovered distance measures (small set of numbers) between to finite sequences. In this case, computations should boil down to finite, directed graph; low order (3-9).
The daughter of the plantation owner is exempt
Ouch! Pelosi Was On Tarmac When Trump Cancelled “Excursion” Overseas
So what is a government shutdown, then? Is it a period for elites to get their goodies, a vacation with goodies? Nancy should have known better. We are going to perfect the shutdown, do it better so Nancy has to stay indoors for the period, quit being a public dunce. Republicans are simply hopeless welfare bums.
Judiciary Chairman Sen. Lindsey Graham said Pelosi’s request to postpone the State of The Union was inappropriate but so is Trump’s decision to cancel her trip to Brussels, Egypt and Afghanistan at the last minute.So Lindsey is the usual clueless Republican Communist, advanced thought never entering the brain.
So what is a government shutdown, then? Is it a period for elites to get their goodies, a vacation with goodies? Nancy should have known better. We are going to perfect the shutdown, do it better so Nancy has to stay indoors for the period, quit being a public dunce. Republicans are simply hopeless welfare bums.
This is the cartel position
Kamala Harris: Stop "human rights abuse" at the border
Kamala is actually not even trying here. She has already assumed a bunch of dumb shit Cal legislature hence it is quoting from the cartel non-profit manual. No need for real thought.
Except is exposes the scam, for the obvious reason that human rights need protection in El Salvador, as Gavin will tell you. Our cartel candidate has not yet proposed and foreign aid from California to El Salvador, and until I hear that, I consider most of the Cal Dem Party to be war criminals.
So, cowards they are, these foul politicians from California, and Repubs are hardly better. Do not vote a Cal Cartel Member to the presidency, you will regret it.
I have a funny story
Where is Baltimore Mayor Catherine Pugh? It’s the question buzzing around the city as the FBI and IRS raid Pugh’s home, City Hall and several other locations tied to her Thursday. But, no one has seen the mayor and her own spokesperson doesn’t know where she is even though she’s supposed to be recovering from pneumonia.Pugh’s spokesman, James Bentley, told The Associated Press Thursday that he hadn’t spoken with the mayor and doesn’t know where she is. Her defense attorney, Steve Silverman, did not immediately return calls; his office routed calls to an answering machine.However, a source tells WJZ however Pugh was at her home when the raid began, but has since left the state.
Many years ago the Fresno mayor had a similar problem coming up, it was in the news. I happened to be golfing with a few of the boys and we ran up against the mayor's group.
Golf is tough, and the mayor making a few excuses,'Back a little sore today', I think is excuse.
One of the nuts from my group has to chime in: 'Must be from carrying all those bags of money". I kind of wandered of a bit and disassociating from the comment while suppressing a hilarity. Life and news, sometimes match.
The pee tapes
The absurdity of the Steele dossier was that Trump was still trying to build a hotel in Moscow, up to the day of the election. Putin had all the leverage he needed, prior to the election, and Trump may have made the trade he didn't expect to be elected.
The hotel deal never happened. Trump had won and given up. He decided to build it via a foreign policy grant, I am sure, but that was not the point at the time. All of this plain and obvious. The Muller investigation was never about Trump, he was cleared early on. It was Muller proving to shell shocked Hillary that there was nothing new, same old dirty tricks.
The hotel deal never happened. Trump had won and given up. He decided to build it via a foreign policy grant, I am sure, but that was not the point at the time. All of this plain and obvious. The Muller investigation was never about Trump, he was cleared early on. It was Muller proving to shell shocked Hillary that there was nothing new, same old dirty tricks.
Andy, I know the law and you are wrong
Judge Andrew Napolitano: Did President Trump obstruct justice?
Both parties agreed implicitly, early, that there was no conspiracy to investigate.
There was well know exculpatory evidence of the conspiracy, Mueller knew it. Thus no realistic indictment from the start of the presidency, and executive authority includes the ability to quash dead end investigations.
The entire investigation since the election had resolved around one fact, there was no conspiracy, Muller's investigation moot and also any obstruction. Any side indictments were illegally obtained evidence. That is Muller's legal predicament, and that is why one should read my blog and ignore Andy.
Mueller had one overwhelming problem. The word about Hillary emails was becoming public in a few weeks from multiple sources. To pick one chain, the Miftsad, Papadropolousos, Downer chain; at random?, and then to sub self the middle link, at random. Then claim a conspiracy occurred over four weeks of hectic primaries when everyone was becoming aware? Papa clearly was making small talk about political dirt with no hint of exchange. There was every hint by Downer, Mifstad and Papa that this was typical, political dirt hunting.
Mueller knew this was exculpatory, so did Trump.
Mueller laid out at least a half-dozen crimes of obstruction committed by Trump -- from asking former Deputy National Security Adviser K.T. McFarland to write an untruthful letter about the reason for Flynn's chat with Kislyak, to asking Corey Lewandowski and then-former White House Counse lDon McGahn to fire Mueller and McGahn to lie about it, to firing Comey to impede the FBI's investigations, to dangling a pardon in front of Michael Cohen to stay silent, to ordering his aides to hide and delete records.
The essence of obstruction is deception or diversion -- to prevent the government from finding the truth. To Mueller, the issue was not if Trump committed crimes of obstruction. Rather, it was if Trump could be charged successfully with those crimes.
Both parties agreed implicitly, early, that there was no conspiracy to investigate.
There was well know exculpatory evidence of the conspiracy, Mueller knew it. Thus no realistic indictment from the start of the presidency, and executive authority includes the ability to quash dead end investigations.
The entire investigation since the election had resolved around one fact, there was no conspiracy, Muller's investigation moot and also any obstruction. Any side indictments were illegally obtained evidence. That is Muller's legal predicament, and that is why one should read my blog and ignore Andy.
Mueller had one overwhelming problem. The word about Hillary emails was becoming public in a few weeks from multiple sources. To pick one chain, the Miftsad, Papadropolousos, Downer chain; at random?, and then to sub self the middle link, at random. Then claim a conspiracy occurred over four weeks of hectic primaries when everyone was becoming aware? Papa clearly was making small talk about political dirt with no hint of exchange. There was every hint by Downer, Mifstad and Papa that this was typical, political dirt hunting.
Mueller knew this was exculpatory, so did Trump.
Your dad did it, twice; and you did it, James
As the maladies of modern capitalism have multiplied, fundamental questions about the future of the world’s dominant economic model have become impossible to ignore. But in the absence of viable alternatives, the question is how to reform a system that is increasingly at odds with democracy.And you and I be doing it again, a second time.
We call it freaking out about the maladies multiplying and then have an MMT moment and the maladies multiply more accurately; our freaking better matching its cause.
We have nothing to be volatile about except volatility itself, and it be cut by half relative to your Dad's second try. Standard stuff, James.
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