Thursday, May 31, 2018

Good stuff

Econometrics Beat: Dave Giles' Blog
The Uniqueness of the Cointegrating Vector

An optimum market match will be found if they be packing sphere. The pits and OTC markets find it in sandbox.

Ivanka's song

She has the cutest asterisks.

The theory of 'well regulaterd'

If you have a couple of bribed local cops gunning for you than pack heat. But you also have to report the crime, seek one of many additional fair channels of law enforcement. Have a lawyer make discreet enquiries to the stat AG, and soon.  Your duty, report crime.

Then we get the command and control part of  'well regulated'  You and the FBI and the dirty cops arrive at the scene, the FBI has to know you are packing heat, they need to have prior command and control so you don't get shot, like some dufas NRA nut.

The US Supremes need to mandate

The issue was, the right for the mayor to assemble and speak vs the states right to prohibit. He advocated, on his own time and money, for a lawful referendum

This conflict is very prone to misuse.  Are all rights of calizuela mayors so prohibited, or only political assemblies?  If Calizuela remains in the union, then the US Supremes need this case brought forth, it is fundamental to the union. If not, the misuse  from the large states creeps up, mixes with swamp sewage.

Consider the following.  A reasonable reform of government everywhere is to dump the county system,where a ton of corruption resides.   In a statewide referendum, the state would prohibit county politicians from defending on their own tim or money.  Would Calizuela make such a prohibition? No, they would be OKthe politicians were not crossing the union line, it is only union issue that the prohibition applies.  But, indeed, it is this misuse that the founders specifically reserved for the individual, especially politicians.

If the individual right is lost to state government, and Calizuela and Texa gains much larger House rule, then this kind of misuse will be very hard to stop, Congress too frightened to defend us with law.

Sell the peak day

Pension fund managers need the cash, they wanted  guv bonds with 3%, but gave up the effort when Italy spooked everyone to the yankee dollar. Our tiny inflationary bulge popped again.

Grey swans, from now on. Deflation til the kingdom gone. PIIGS now in bed with me, Camptown living, the life price free..

Its a great time to be a secessionist.

If you created the ideal government

How does society retain the right of law and order?

Your constitution will define the right of well regulated armed militias to operate in defense of law and order.

Or words to that effect.

Does your ideal society include associations actively trying to change these provisions? Sure, if they go through the amendment process. But if associations actively support the passing about of arms in violation of the well regulated clause, that is a violation.

Bitcoin market cap, 125 billion

Faitr? Depends, one has to define and price its utility.

Let us assume its function  is for central bank insiders to hedge the central bank, the insider puts the local fiat into bitcoin when they know the central banker is going somewhere.

We have six major central banks. On average, the neutral hedge is 20 billion per central bank. We have 1,000 insiders per central , then we see that each protects 20 million.

These numbers are bogus, but within ball park of a potential reality.  What is the imputed market share of Amazon's AWS web service? Maybe 20 billion. Add in the Apple and Microsoft web services then we have a similar number as bitcoin; as a complexity comparison.

If Bitcoin price is stuck at $7500, I would not be surprised. Nor would I be surprised if it halved in value.  Much below that,  it is underpriced.

Ivanka has two many asterisks

Samantha Bee Apologizes For Calling Ivanka Trump A "Feckless C**t" As Advertisers Flee


Every time I hear her in the news, someone is saying, 'oh, she is full of asterisks', 'her asterisks are tiny', or, 'hey,  cute asterisks'.

I don't get it.

Doing real estate deals

I am the  worst trader, 'buy high and sell low' kind.  But, I been dealing property here for 20 years I got good at doing it around Fresno. The trick must be about market knowledge, I just know this property market.  

No big deal

The global smartphone market fell 9% in a year this quarter, the biggest fall in smartphone history, with even Apple’s iPhone sales down 1% as users hang on to their phones longer.For Apple, which is shipping 5m fewer smartphones than a year ago, the decline is offset by an increase in the average sale price of its iPhone, thanks to the popularity of its £1,000 iPhone X.But as Samsung and others join Apple in pushing the top end of the market to higher prices the demand for new phones appears to be waning. Data from Strategy Analytics shows global smartphone shipments shrank year-on-year from 438.7m to 400.2m in the fourth quarter of 2017.
Everyone who uses them, has one and their are no new compelling apps requiring upgrades. 

More liquid fiat

Bittrex has finally introduced fiat currency support. The US exchange, which was established in 2013, subsisted with tether as its USD surrogate until recently, before adding another stablecoin, TrueUSD, a couple of months ago. Around the same time, its CEO Bill Shihara revealed that the platform would be adding USD pairs and today they went live for corporate clients.
We have digital bearer dollars already, central banks will capitulate soon,

Texas govenor propose voluntary mass shooting

DALLAS — The governor of Texas unveiled his school safety plan, which includes increasing law enforcement presence, in wake of the deadly Santa Fe High School shooting.Gov. Greg Abbott announced the plan Wednesday in Dallas, less than two weeks after the shooting that killed 10 people, CNN reports. The plans lists a number of recommendations, including increasing law enforcement presence and armed marshals in schools. 
Strictly voluntary on a per school basis. The idea is that rebubs can volunteer to have their kids mass murdered by Texas NRA terrorists.

I like it, I think Texas Repubs should designate which of their kids should be mass murdered, maybe give them NRA tags to be identified by the shooter.

Timmy cheating

“Apple has been preventing Telegram from updating its iOS apps globally ever since the Russian authorities ordered Apple to remove Telegram from the App Store,” explains Durov in a Telegram message. “While Russia makes up only 7 percent of Telegram’s userbase, Apple is restricting updates for all Telegram users around the world since mid-April.”
Timmy, having missed the boat on sandbox now wants to allow only Apple version of swap net.  It won't work and iPhone users lose out.

Statistics prove Paul wrong

Says Paul.
Trump is going all in on (a) claiming that undocumented immigrants are responsible for a huge crime wave; (b) Democrats supporter immigrant criminal gangs. Both claims are lies, pure and simple 

The stats from the cops say half of home burglaries are meth related and nearly all the meth in Calizuela comes from Mexican cartels.  The cartels do indeed run under the cover of political correctness.

Wednesday, May 30, 2018

Kim takes a White House selfie


Colorado mom likely voted for the law unknowingly

Kids were selling lemonade for charity — until police arrived to stop it, Colorado mom says
Somewhere, something tells me mom did a NIMBY in the past, made her daughter's business illegal.  My bias tells me she is lillywhite liberal now screaming for her daughters exclusion, using the old identity argument that liberal lillywhite womens are a bit dim, get a free pass.

Ted Turner, fake liberal news

In overall cable channel rankings, CNN sits at number 8 behind Nickelodeon, Home and Garden TV, ESPN, Investigation Discovery, and more.
Being an expert on fake news I can help Home and Garden move up the ranks, past MeSsNBC , fake news, challenge FUX fake bews.

I take the Starbuck re-education test

1. ...noticed your racial identity
I notice all my racial identities, assuming the racial identity that fits my best racial bias at the moment,
2. ...noticed how your race affected beauty standards 
Yes, I am a pig, I rarely bathe.
3. ...felt your accent impacted people's perception of your intelligence or competence 
Most people observe me to be a politically incorrect asshole, I think, but can't be sure.
4. ...altered your communication style (dialed up or down) to avoid playing into stereotypes
The opposite, I alter my imaginary identities to accentuate the inherent racism.
5. ...had a friend of a different race who regularly visited your home 
I live amongst a bizarre bunch of races.
6. ...felt distracted at work because of external events related to race
I quit working so long ago I forget.
7. ...had a senior role model in your organization with a similar racial identity as your own 
Depending on my mood.
8. ...went to work with your natural hair without comments or questions from others 
Does the Starbucks CEO have any hair left? Is he one of those old bald white guys?
9. ...felt your race affected your ability to build a rapport with your manager  
I generally get fired when I used to work.

I think I passed, get my result in a week.


California hispanics know the difference

Noah Smith"MS-13" is just Republican for "Hispanic people":

Noah is just reciting the Overton window for  his sect.

I am like Rosanne, I adopt the point of view of another sect, I fake it.  From the old California hispanic culture, the drug cartels are public enemy number one.  In fact, Mexican hispanics take up voluntary arms against them and their government supporter.

Californians inherit an existential fear of the cartels, a fear much greater than any closed political correctness world from which Noah emerges. California hispanics are waking up to the dangers of political correctness, as practiced at Disneyland.

Not the Britain of our history books

On Friday, the British police arrested Tommy Robinson, founder and former leader of the English Defence League, a far-right anti-Islam group. Robinson is a controversial character, to be sure, a sort of Milo Yiannopoulos lite. His chief focus is on the threat of radical Islam, which he believes threatens the integrity of the British system. 
 You don't have to like Robinson. But whatever you think of him, his arrest is absurd by any measure. You see, Robinson was arrested for standing outside a court building and reporting on a trial involving the alleged grooming of young girls for sexual assault by radical Muslims.
I have uncovered a plot in Britain to confiscate all thing British, including the millennials, and burning it for cheap energy. 

Stealing from the 'used to be' blacks

LOS ANGELES (AP) — The estate of Michael Jackson sued ABC and parent company Disney on Wednesday, saying a two-hour documentary on the singer’s last days improperly used the King of Pop’s songs, music videos and movies.
Our favorite CEO almost violating the political correctness dogma. Almost, because Michael, with  the clever use of modern medicine, is almost lillywhite. 

Thus, the simple minded redneck, as myself, could easily get this stuff mixed. Our clever CEO is a fine printed master of PC law.

Me and Affleck both clueless redneck

During a famous 2014 appearance on HBO’s Real Time, Harris had a spirited argument with actor Ben Affleck about Islam, in which Affleck accused Harris of being “gross” and “racist.” 
See, Ben made the assumption I did, criticizing nutty islamics is racist.   We bought into PC 101 with the gross classifications, islam is arab. Neither of us graduating to upper  division political correctness.

So Ben and I both likely had to read the fine print on Rosanne's tweet before we figured it. We would have called that a racist attack on Arab, and who cares, Arabs are a bit nutty. 

Both Ben and I would have assumed the other stereotype, Obama hangs with lillywhite liberal women. Never would have guessed that Valarie had an ancestor playing the brown sugar side of life.

I guess the CEO of Disney has a Phd in the stuff because he explained it clearly, the African planet of the apes thing. Rednecks have the genetic problem having descended from barely human Kentuck mountain people. Were not quite caught up to the sophisticats, like our Disney CEO. But at least the jews are off the hook on this.

No camptown in Philadelphia

Cautious optimism as Kensington heroin camps prepare for eviction

It is not really working. Rather, improve the camptown, sell government approved heroin. Be glad it's heroin, not fentanyl.

Hit 'em again, harder, harder

Katie Pavlich, The Hill

Have we lost ten basis point in slope?

The  ten minus one year is  now about 65 basis points. We need to adjust precision on our 82 yard can kick, but it has been in flight for a year.

And that is a fairly cheap government toilet

NASA Astronaut Explains What It’s Like To Poop In A $19,000 Toilet In Space.

Government toilets have a history of running up in price.

A $600 toilet seat is nothing | News | dailyprogress.com


Those prices will go jump as the LBGTIF crowd declares  stand, sit, squat or kneel plumbing variations.

Sounds like the Taliban government in permanent exile

A U.S. rocket artillery attack in Afghanistan on May 24 killed at least 50 Taliban leaders, a U.S. military official revealed Wednesday.
Firing guided rockets, the U.S. strike obliterated a command-and-control position in Musa Qala in Helmand province where numerous senior Taliban leaders were gathered, Lieutenant Colonel Martin O’Donnell, a spokesman for the U.S.-led coalition in Afghanistan, introduced, according to the Associated Press. He suggested that the impacts of the strike, which involved just four rockets, “will be felt beyond Helmand province.”
One  less group of the deranged bearded islamic.

LA gonna need more camptown

SUMMER SURGE: 100,000 ILLEGALS ARRESTED ON BORDER IN JUST TWO MONTHS...

This looks more like a mass refugee problem.

Got motive

Disney CEO Iger quit Trump's business advisory board last year and also considered challenging the president in the 2020 election
The guy who introduced bogus political correctness dogma.

Maybe rednecks, like me, are naturally clueless, we descended from Sasquatch mountain people, but I didn't get the race thing.

Bad omen in Calizuela law

During oral arguments in San Francisco, a majority of the justices seemed sympathetic to claims by city labor unions that it was illegal for then-Mayor Jerry Sanders to place the pension measure on the ballot without labor negotiations.

The justices seemed skeptical of claims by attorneys for the city and for Proposition B proponents that Sanders was not obligated to meet with the unions because he was supporting the measure as a private citizen, not as the mayor.
If the justices rule that the cutbacks were illegally placed on the ballot, the city could be forced to overturn them and possibly be required to spend millions creating retroactive pensions for about 4,000 workers hired since 2012.

Does the US supremes believe that individual and groups can have access to the ballot box restricted?  In this case states rights may allow.  If true, then the supreme, ruling against San Diego throws the ball back into the state legislature,

In my town, Fresno, the unions had the ballot and are allowed to initiate a referendum on city contracts, but the elected officials have that right restricted?  Cities, and counties,  will demand and get a legislative solution, otherwise way too many cities simply stop hiring.

What is the federal conflict?

Rights reserved for the individual, free speech and assembly. These supercede right of state legislatures. This is something even Sotomayor would be upset with.

When the state supremes decide the california 'rule', then they are likely to call it a valid, understood oral agreement, and that will command action by state legislature, simply due to the sudden shock to future spending.

The cal supremes  would like to walk away here, there are no good outcomes except dumping back on the legislature. We are stuck with legislative law that gave unions extraordinary powers, going back to Reagan. The cities will slam shut awaiting legislative sorting. The economy will go through its limit cycle, sorting labor. 

My simple consensus algorithm

A finite, counted and connected directed graph of miners.

A transfer  request expands through the graph as usual, never rebroadcast if seen before. There are two outcomes,  a double spend collides, and a revoke is released for both, which expands and destroys both spend partitions.. All transfers timeout, to revoke,  if they are not concluded.

The count of miners is known,  when each miner cannot find an output path, it releases the clear. The clear accumulates back to the source with a miner count equal to total known miners.  Works great for networks of 20 thousand nodes, Completing in nlog n time because it i inherently multi-processed, a graph algorithm.

The miner network can be distributed about, but traders will ten to cluster over the high speed network.  They will position their bots right on top of the data center net.  The transactions should clear in milliseconds, as fast a context switch time in the processor. Traders have their miner code under some control, prequaled and code verified on demand. Kind of like gun control.
The system works best when each miner can issue public keys to neighbors, and hold a private key. The protocol is simple can be done in thread switching time as long as the processor can protect the thread private key.

Put the miners in a barely threaded system, run through each transaction request with array speed, keep the environment secure.  But swap net is web based, and in its most secure state relies on some bonded carrier of keys.  They need the armored box, a known device with hardware validation,it is counterfeit proofed. Traders buy a spot on the device, and only it generates public keyes and this armored box protects private keys, and can generate them.  It plugs into the net work.  There is enough here to ship public keys around, secretly, and validate them with the private key, in the box,  on a mass basis in a high speed network,

Multiple liquidity graphs

From the traders point of view, the swap net group could be running multiple liquidity graphs. One for bitcoin, fiat, or anything. The life  of pure liquidity is finite, it must mark to market in the exchange and returned to the external ledger.

Traders organized, directed graphs

In the data center, traders can own secure space, and swap net is the local high speed hardware, so we context switch and swap across the local optical net.   Some traders get a lot of traffic,  Let them spread the work load, split the request and pass them down  the directed graph.  Then each node can check the smaller batch and send revokes or clear back up the graph. You are assured of NlogN time, I think.  Traffic management can keep the minimum connected graph,  for distant data centers, each can batch up the largest set and ship it to the other.

Graphs constructed to minimize congestion, connections verify with public key neighbors. Counts known and finite,only 100% agreement allowed.

Where is the coin?

The fair transaction checksummes the collected signatures, with the transaction. It ids directly verifiable  by any miner, identifies the  holding trader account. Once the trader swaps its encoded trace, the new trader gets the new 100% trace, and the previous trace deleted.  That is nearly pure liquid form for any established currency.

Congestion

The graph is bidirectional, miner node store state. So, each miner checks double spends and issues conclusions. If work piles up, it ships unconfirmed transactions down stream. Clear or revoke will cover the graph and accumulate back to the source,

Add accounting rules to the nodes

How long should a miner wait for  a revoke?  After a timeout and no return revoke a miner can erase its partial verification, forget the transactions.   Miners can execute regulation requirements, exchange congestion information such as to rearrange the graph.

Delegation

Not all traders need run a mining process, they can thumbprint PoA to a trusted miner. We het large dispersed clusters.

Global Swap  times

If the network is truly unqueued, then a global swap net could clear one or two a second for the trader. But if the liquidity nets mostly trade inside one block of ice, economies of scale, global rate in the forty or fifty trades per second for the trader.

Here we go

Cache control your miners

If the validation algorithm that leads to a solution in finite steps, then put the algorithm under cache control. Any interested party can validate using the verifiable processor.

My miner protocol, hunt for and reject any double spends.  One can make finite block chain that allow each trader to collectively hunt and reject double spends. Like the poker game, all traders clear account by deleting settled transactions.  We get a simple liquidity system. With a clear exit, the block is pruned, checks done easily, simple double rejection discourage scofflaws. A trader pool of ten thousand could use my simple liquidity manager on any standard  swap net.

Redneck Trading systems is adding that ledger tech to its huge  order book of fantastic technology for the every  day banker. Use the finite liquidity ledger with any currency that offers revoke within timeout, or it will adapt to cache control nets or any combination. You know our company motto, just ask for Redneck standard systems, all the suppliers know.

I didn't remember Valarie Jarret

My bias, I assumed she is a lilly white liberal.

Obama had bunches of those.  My first take on the Rosanne tweet was great, insult the islamics. She is no doubt anti-religious, I got off on that.  The planet of apes thing was the movie, just a goofy ape thing. Had she tweeted, African monkey man, OK, I would have looked to see what Valarie was. I did look, she seems lillywhite to me.

But Rosanne did not tweet a thing about Africa. I thought, OK they were treating Arabs as the ethnic group.   It wasn't until dufas CEO started blabbering the political correctness mantra that I read the find print, Valarie did have some black blood in her ancestry somewhere, but still looked lillywhite in the picture. Maybe they air brushed it.

Tuesday, May 29, 2018

The complete solution

There’s a new application called Faast, a service that claims to enable secure cross-chain trades by utilizing a few popular wallet clients and two well-known hardware devices Ledger and Trezor. This means users can swap BTC for ETH, and trade various ERC-20 tokens in a secure manner without leaving a trusted environment.
Minus the thumbprints, but that is coming.  Faast must remarket themselves as the complete swap net.  Get python message interface, open architecture your swap net connector,  connect it to the exchanges, gt a liquid fiat solution.

Protocols in the cache

U assume that only a finite set of immediate addressed instructions be allowed in a proper protocol. The instruction set is unable to access kernel space, in the cache.  This can be proven prior to, and the protocol code uniquely checksummed.  A cain of valid protocols collectively secure to fill the cache.

Secret kets are unreadable, except by proven kernel protocols, generally to generate and validate public keys. Notary service called at check point. Now a good swap net can do a near perfect job of at least key management. Telegram does not need full cache control.

You can see that just the simplest of the Intel instruction set opens a dynamically active trading bot over the whole escrow net at thousands of trade per trader per second.

More on how great the Euro is

I have one rule, really, each of the Euro nations accept it for tax.  Otherwise, the currency function is two color S&L with congestion pricing. Let precision level adapt.  The residual, net losses and gains from the prior epic be negotiated guv to guv.

Otherwise, who cares what crazy parliaments do, as long as they sell government goods in Euro.  They can introduce a discount coin, everyone else in the sandbox does that.  Kick the humans out of currency banking.

A 30 basis point drop in the treasury bond yield.

OK, this is a requant, with a slope of 65 basis points, we are one more shock away from inversion.  Fed is boxed, a lowering signals the QE pile is stuck on account for a cycle. A hike admits defeat. The Fed will hold, then the Fed should signal their dot map is 'Who knows'. We have non-market political deals in the Euro, deliberately information hiding, no pricing. The Fed should admit they are stuck in discretion mode.

Let me guess. The German tax payer suffers 250 billion, US equivalent. Italy stays in, we do the multi-step bailout.

But keep the Euro, just free it from central bank monopoly and use congestion price entry and exit.  The Euro is great, the governments are stuck. But they can do CB to CB lending with price discrimination.  Seriously, keep the Euro, the bots would love it.

Under sandbox, no euro nation would leave, whatever the european issue, the automated euro knows the minimum state structure. Currency risk shared and marked to market first.

Simple step for central banks on digital liquidity

Just allow fuat banks narrow capability to offer digital S&L up to a finite amount, without  timeout, on the swap net.

I don't need the liquidity machine that holds my card. I got  the fiat banks pit boss giving me cash and taking my deposits in advance and setting interest charges.

Limit the amount to a thousand for trial run. The swapnet standards group has all the  details, the connectable products  available. We have  an orderbook, great tech. Solves a bunch of problems and would thrill the Fed geeks. You will learn a lot about where your fiat hangs. Banks earn their regular monopoly share.

A safe method for pure fiat liquidity

First, go get a swift compatible debit card from your fiat bank. Put a thousand on account.
Second, go to the pure liquidity ATM machine, insert your card, enter your passcode, go home.

You have a thousand dollars in liquid fiat, valid in any compatible swap net, of which there are more and more.

How did that work?  Your own personal notary bot was in that machine, it is what holds your codes. Your notary bot and your trading group are prequaled, each of the group can price the scofflaws.  The bots are your security because they hold power of attorney, you had thumb printed with them. These bots, in any compatible swap net can obtain and hold a secret key, unrevealed to anything.

Once in the sandbox, let your trading bots roam and goodies appear soon. Like a poker game. any time you exit the sand box, go back to the machine, get your card, accounts clear.

Soros says Trump dunnit

"The United States, for its part, has exacerbated the EU’s problems. By unilaterally withdrawing from the 2015 Iran nuclear deal, President Donald Trump has effectively destroyed the transatlantic alliance. This has put additional pressure on an already beleaguered Europe. It is no longer a figure of speech to say that Europe is in existential danger; it is the harsh reality."
I blame the taxpayer's willingness to pay 3% for government debt, way too high, unsustainable.  When we, periodically like clockwork, run up the debt the Euro debt becomes uncompetitive. We get Euro and emerging market  collapse. 

Calizuela dem support for the drug cartels is deep

Nancy Pelosi hit with GOP ad: 'Democrats' Midterm Message? MS-13 killers aren't so bad' 
The Republican Party made clear on Tuesday that House Minority Leader Nancy Pelosi’s comments on the violent MS-13 gang will haunt Democrats until the midterm elections.
 President Trump recently prompted an angry backlash by members of the media and his political opponents by referring to MS-13 members as “animals,” but the Republican Party is betting that American voters are on his side. Its new campaign ad titled Democrats’ Midterm Message? MS-13 killers aren’t so bad” tallied over 52,000 views in less than six hours.
Absolutely, hit the  Calizuela dems on the existential risk from their supporting chemical warfare on our citizens.  Mention the three or four cases  where the cartels already bribed the cops.  Mention that Pelosi and the political correctors make it difficult to root out the dangerous cartels attacking Calizuela hispanics.  Mention that Gavin has a sex problem with teenagers and he he is way too corrupt to guide Calizuela through the hard times.

Call for a conservative revival of the Californian Franciscan system.

And mention all the hispanic gas taxes being sent to Elon.  Mention that lilly white liberals get CO2 spewing rails while hispanics pay impossible gas taxes. In fact, make the entire election  about saving our hispanic community from corrupt lilly white liberals. 

What do cal repubs have to lose? But they might just wake cal hispanics up to the mortal danger they face.

Mention what dems did in Illinois:

38 Shot, 8 Fatally, in Gun-Controlled Chicago over Memorial Day Weekend


Poverty inducing, un-ending, unsupportable pensions result in social collapse. If I were a repub candidate I would trash dems in any  election. Lucky for dems I think repubs are mostly dumb as a mushroom.

Calizuela kills Magic Walrus

Despite a fresh warning from the Internal Revenue Service, a key committee in the California Legislature on Friday unanimously advanced legislation designed to shield wealthy residents from the effects of the federal tax overhaul enacted by Congress in December.
When the Calizuela politicians stop wealth taxes from reaching the Swamp then all the Magic delusions disappear. 

It is ABC executives that equates blacks and apes

Valerie Jarrett: Roseanne's tweet 'a teaching moment' about racism
Rosanne never mentioned race, though she accused you of being a dumbshit, and I agree, seeing you chat through the political correctness dogma.  

I never connected the racism until the CEO pointed out that blacks are like apes and we need to be polite. So Valarie, you and ABC taught me a lesson, blacks are considered apes, I will be sensitive about the subject among my black acquaintances. 

Is it generally ok to call people using animal names? Another subject, though Obama was a lap dog to affirmative action, affirmative action being another form of racism.  But calling Obama a lap dog does not mean we descended from dogs.

I don't see racism

Barr's post early Tuesday morning, which has since been deleted, said that Jarrett, who is African-American, was a product of the Muslim Brotherhood and "Planet of the Apes" -- "muslim brotherhood & planet of the apes had a baby=vj." 
OK, she doesn't like islamics. Few of us like that deranged religion, likely the same people who don't like evangelicals selling their children into sex slavery. Not racism, just a dislike of stupid  religious behavior. 

The real racism is ABC executives equating apes with black people, an act they did, not Rosanne.  Notice, Rosanne never mentioned blacks, ABC did, and they made the equation because apes were mentioned.

I say we keep Rosanne, she is not racist, and instead boycott the racist, anti-black pigs who run ABC, they hate black people, they think blacks are closely related to apes.

Fed rate hikes no longer believable

The latest bout of market turmoil is denting investor confidence in how aggressively the Federal Reserve will tighten policy this year.
 Activity in options on eurodollar futures shows traders are starting to unwind bets that the central bank will hike four times in 2018. The evaporation of that wager, which implied one more increase this year than indicated in officials’ quarterly projections, is also apparent in rallying fed funds futures.
The Fed, instead will be dealing with the Italian fallout; from California to Iran.  We are getting a deflationary effect and the Fed has no idea and will follow the market.

All that work cancelled when Iran offers up a Trump hotel

Bolton and the Pompous pushing a sanctions war. Trump's hotel business will take a crap and the sanctions removed, making Bolton look the idiot he is.
A U.S. State Department official, speaking only on background, told the Free Beacon that under newly installed Secretary of State Pompeo's leadership, American diplomats are already developing relationships aimed at ensuring U.S. sanctions on Iran have a maximum impact.
"We are hard at work in our efforts to build our new effort to counter the totality of Iran's malign activity with our friends around the world. Secretary Pompeo speaks frequently with his counterparts from the UK, France, and Germany as well as our allies in the Middle East and Asia," the official said.
Teams of U.S. diplomats are being sent across the globe to galvanize support for the new U.S. sanctions, the official said.

The instapundit guy is a socialist bum

My USA Today column: Be thankful tycoons likehe Jeff Bezos and Elon Musk are focused on space and moon bases.

No, Glenn, the little brown people give  up cash to guv which sends billions to these two government officials. Jeff gets a 10 billion break on covering postal pension costs, and Elon gets subsidies from California and federal tax payers.

Glenn pulls the same horse manure conservatives pull, call socialism free market, the Tea Party bums too stupid to tell the difference.

Inside job

The Incredible Story Of How Hackers Stole $100 Million From The New York Fed

The Bangladesh bank official gave up the authorizing codes to the crooks.

In the sandbox, this does not happen. The authorizing bank official does not know the secret key, it is hidden inside the counterfeit  proof smart cash card, no human sees it. Instead, the transfer is initiated via thumb print which causes the card to generate a public key. Thus we have a verified thumb print, we have identified the living tissue doing the theft.

The internet uses this system for entering the guarded URL servers. Call that the smart URL card.  Central banks are  behind the curve and the North Koreans are smart.

Sandbox has one possible theft path, counterfeiting a card via reverse engineering.  Hardware engineers work at the gate level are very good at stopping counterfeit.  

This issue is five years old, get a clue bankers.

Roseanne Barr is ok by me

'Roseanne' Cancelled at ABC After Roseanne Barr's Racist Tweet

I like her show, her comedy form is resignation with a hint of despair, works great. I can quit watchung ABC easily, put her on you tube. Screw the TV networks. Her crime:
The 65-year-old comedian and vocal Trump defender had written that the Obama-era White House adviser was the child of the Islamist organization Muslim Brotherhood and the movie “Planet of the Apes.”
Nothing wrong with sarcasm.  ABC is full of horse manure, let's boycott.  I tire of all the political correctness.

Valerie is basically a windbag repeating all the political correctness dogma.  Here she is with a  fake news anchor doing the mantras:
"Thank heavens for you and the press who are really holding everyone's feet to the fire," she said to Mika Brzezinski.
Scarborough called Jarrett an "inspiration" and a "great help" for "knowing her value" in the White House for being a woman.

"You continue to do," Scarborough said about 'knowing her value.' "You continue to do. You certainly were a great help and inspiration for knowing your value. You asked Mika to work on and counsel focusing on that."
Complete waste of viewers time, like a religious ritual. Like Calizuela appointing affirmative action senators and calling it an election, just scams all around.

If it is currency, we don't want bulls

Bitcoin Price Rebounds From $7,040 to $7,450 but Bulls Yet to Turn…

The crypto traders do not quite get finance.  They are like gold hoarders after the Nixon shock. 

Telegram and their supporting trade groups can fix that. We would like to get a bit more of the sandbox done before the defaults.

Good riddance

The Post-War Order Is Over

Says  Victor Davis Hanson, Fresno's resident scholar.  NATO is kaput, Turkey gone nutty, Germany dropping out, and now the Italian crisis.

He is right, but the endeavor was fraught with trillion dollar mistakes and repub ignorance, like Vietnam and the invasion of Iraq.  Now we write off the losses, acknowledge our accounts off balance, unsustainable, devalue the currency.

The system is being replaced by sandbox, actually, Singularity 1.0

Starbuck CEO suffer delusions?

Starbucks's Howard Schultz Thinks America May Need Him To Save The Country From Trump


Seems a  bit nutty to me, and I make my  own coffee.  His business model was built around the white liberal crowd, and they don't hang much with blacks.  

No, markets teach ECB not to bailout governments

Italians Furious After EU's Oettinger Says "Markets Will Teach Them" Not To Vote For Populists

Starbuck CEO be learning the muslims political correctness

The Safest Country for European Jews? Try Hungary.
Whatever residual anti-Semitism remains among Hungarians, it doesn’t interfere with the open embrace of Jewish life. There are no risks to Jews because there are very few Muslim migrants.
The CEO has his work cut out especially since the political correct crowd don't really like jews. 

We need prequals

Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System

We are trying to avoid the problem of regulation checks in the trade path.  The idea to anonymous pre-qualified contracts.    The trader thus automatically agrees to regulations by contract before he begin trading, the regulation being between trader and government. Leave the exchanges out of the agreement. 

We need prequal contracts, otherwise traders keep separate accounts for each level of regulation. Instead we want one anonymous account with regulation contract enforced outside the trade mechanism.

Bankruptcy

The Italian benchmark 10-year BTP has seen its yield increase 16% to 3.118% on Tuesday. 

Italy cannot make those interest charges. Stocks don, yields down, California pensions will not make even 5% total return, so public sector hiring will shut until this sorts out.

Monday, May 28, 2018

Fresno has a meth task force!

The Fresno Methamphetamine Task Force (FMTF) is a High Intensity Drug Trafficking Area Initiative in the Central Valley, consisting of law enforcement personnel from various federal, state and local agencies. The unit's primary mission is to dismantle Drug Trafficking Organizations and Drug Cartels operating in the Central Valley. 
I suggested this just blindly, but the idea had already caught on.  Here is how the Mexican cartels import the stuff:
Most of the methamphetamine is currently being manufactured in Mexico and then dissolved into liquid form. The dissolved methamphetamine is then placed into containers such as Tequila bottles, water thermoses, and Ice tea containers and transported over the border to various sites in California and other states where it is then converted into methamphetamine ice. 
I feel better that we have a task force, but education about the brain lesions is another defense as no one really wants to be zombie. 

Also, all parties need to be  aware of potential bribery within the task force.

Here are random news links:


Authorities discover 23 pounds of meth during Fresno County traffic stop







The Central Valley of California is a hub of the nation's methamphetamine ... of the nation's "super labs," controlled by Mexican drug trafficking organizations, 
So, I am right, Fresno, Calizuela is a threat to your union back east.  The cartels have militia organizations all over the USA, Mexican and Fresno cartels can destroy the union. 


California Dems and their CO2 spewing rail projects

As bullet train costs rise, only 31 percent of California voters want to keep paying for it

This won't help repubs much, but the two repub winning themes are gas taxes and dem support of the cartels. In the context of gas taxes, just mention the stealing from the poor to write checks for Elon Musk.

Political correctness class for customers

Starbucks has completely changed what is and isn't allowed in stores — here's what customers need to know
Tuition free! I never use Starbucks, I make my own black coffee. But, if they allow rednecks in class, and provide lunch, why not?

Idiot Repubs

Republicans Who Thought North Korea Summit Would Save Election Now Rebooting

The Dim Kim is manipulating the election, and that is fine  with me.  Repubs manipulated by the dictator can only be manipulated to  something slightly more intelligent.

Euro fear drives down Treasury bond yield

"We Are Due For A Very Rude Wake Up Call": These Are The Biggest Short-Sellers Of Italian Bonds
Now we have a twenty basis point yield drop to below 2.9 from 3.1, in three days!  Euro investors are moving to the dollar reserve currency and only ECB is buying Italian debt. Another interest rate hike and another Euro catastrophe will invert the US  curve. The Fed will thunk twice on this.

Even Timmy got a clue

Apple is set to announce that iOS 12 will include “a significant change” to the iPhone’s NFC capabilities that “could pave the way for people to use iPhones for other security-sensitive interactions, from paying transit fares and opening car doors to verifying their identity in other ways”, according to a report in The Information.
Apple had a design patent on using the near field communications on their iPhone . No one was allowed to use it except Apple.

NFC is a critical component of smart cash card and Timmy effectively locked iPhone out of sandbox.  Someone over at Apple briefed Timmy and his tone changed.

2018 is the critical year, spectre was the breakthrough. Spectre gave us safety and a path to pipeline control.

Carney got the lecture

The Bank of England has not closed the door on a central bank-issued cryptocurrency, despite announcing such a decision earlier this year.Mark Carney, the governor of the Bank of England, speaking on a panel in Stockholm on the future of central banks, said he would consider a digital currency issued by the central bank but that it is not a pressing concern, according to Bloomberg. He reaffirmed previous statements that cryptocurrencies are not acting as money at the present time.
He got briefed and he likely noticed IHS Markit testing digital bearer fiat.  The central bankers begin to discover sandbox is way  more than blockchain.  Took about two years to get everyone briefed.

Expand the service, move anything

Gig deliveries are here
Bellhops arranges friendly, low-stress moving services.

Here  we go,  the gig delivery services.   

This company has the ledger to reserve movers, and a notary system to track the move.  Great, now expand the service to move anything, connect the system to the swap net, and away we go, any trader can have a goodie moved around. We will have knocked out half of Amazon's advantage. Go,go,go.

I keep mentioning the swap net Telegram.  They are in the lead for the next big thing, competing with Coinbase. In the process we will get the web standard swap net protocol. Game over for paper and traditional central banking, and we have not yet deployed pipeline controlled escrow net. Sandbox has a wealth of technology, the best mathematicians and the most experienced traders. We cannot be defeated.

Negotiating with Trump is getting easier

Trump agreed in a phone call with President Moon to “bless” South Korea’s talks with North Korea and accept Moon’s proposal to postpone U.S.-South Korea military exercises until after the Olympics. (During the call, Trump reportedly asked Moon to publicly credit him for forcing North Korea into negotiations, which Moon has since done profusely—repeatedly recommending before the summit collapsed this week that Trump receive the Nobel Peace Prize.) 
If Trump dumps Bolton I propose he get a bunch of Nobel bananas, all they got. Just dump the guy before he starts a military boondoggle we cannot afford.

The pensions would collaose

Lacy Hunt: Bond Bull Market Will Endure As Debt Strangles Economic Growth


Thus is the recurring debate. We get debt/deflation, but pensions have no reserve currency. Hence we get a repricing storm and devaluation, and bond bulls collapse.  The Fed cannot do artificially low rates lest we have global monetary regime change.