Saturday, August 31, 2019

Which direction?

Chanel Beauty Hires First Openly Transgender Model

Is this girl gone boy or boy gone girl?
The look seem unisex to me, a country bumpkin looking at the comsopolitans.  And who is Chanel Beauty to turn down sales in either direction?

The Taban have one foreign policy, be assholes and get bombed

KABUL, Afghanistan (AP) — The Taliban attacked a second Afghan city in as many days on Sunday, an official said, even as Washington’s peace envoy said the U.S. and the militant group are “at the threshold of an agreement” to end America’s longest war.
The attack on the capital of Baghlan province came hours after U.S. envoy Zalmay Khalilzad said he warned the Taliban during talks in Qatar that “violence like this must stop.” But he appeared determined to move forward on a deal that plans the withdrawal of some 14,000 remaining U.S. troops in exchange for Taliban guarantees that Afghanistan will not be used as a launch pad for global attacks.
Khalilzad was visiting Kabul on Sunday to brief the Afghan government on a deal that is not yet final. Both he and the Taliban confirmed the latest round of talks had ended.
The attacks are seen as strengthening the negotiating position of the Taliban, who control or hold sway over roughly half of Afghanistan and are at their strongest since their 2001 defeat by a U.S.-led invasion. Some critics have warned that the Taliban are merely waiting out the U.S. and that another U.S. goal in the talks, a cease-fire, likely will not happen as foreign troops leave.
The entire generation of Taliban resulted in them getting bombed, the power taking turns. It is Iran's turn, and the Taliban will do some stupid and get bombed by Iran. Eventually India and China will bomb them, they have no other cultural aim. 

Thus reducing the supply of low cos rentals

Gavin Newsom, top Democrats strike deal to cap rent hikes in California


San Francisco, (is it Saint Frank yet?), they tried this and got a swath of homeless.

Internet routing was based on the telephone numbering system

The telephones had, and have, a prefix, a switch identifier and subscriber lines. Hierarchical switching of electrons.  IP was not an invention, it was a Moore's law adjusttment of a prior hardware layer to the first level software layer, the typical boosting of the stack. That could be done in a few lines of optimized software, the capability deployed in all the universities, they become their own Bell network.  TPC was mostly pick the best practices from the earlier packet networks.

The addressing format got an upgrade giving it a much flatter, larger address base.  This was another Moore's Law update. Underneath was Morse's Law, data rates doubling about every five years.  Progress, helping the greatest number of biologies, is about controlling the electron. Today we are able to engage a network software bot in an honor bound contract, protected up to counterfeit, which is easily made difficult. That contract can expand over multiple trusted miner calls, over many trades, over a long timeout, autonomously, in confidence to the contract.

Evidence supressed by the judge

Court reverses sole conviction in Kate Steinle killing in San Francisco

The  evidence is the death was accidental. The gun wrapped in a tee shirt under a bench, it fired and ricocheted off a wall and hit the girl. There was no intent, a gun charge or involntary manslaughter.

How did the gun get under the bench? It was stolen earlier, by someone possibly the defendant, there was no evidence one way or the other.  The defendant, thus, may never have been in possession of a gun. He may have unknowingly picked up a object that was dangerous.

To eliminate doubt, and win a gun charge,  the prosecutor has to show the defendant originally had possession. Prosecution have to trace the gun back to the government truck where it was left by a negligent BLM employee. Now, who accidentally let the gun out? The BLM employee violated our right to regulated militia, leaving a gun unprotected in public. The gun continued its unregulated militia path until a bullet ricocheted of a wall and killed someone, by accident. Drop the whole case.

When is a gun accident involuntary manslaughter?

Fr example, you are the governor of Texas or Florida, and you knowingly hand out assault weapons to the deranged NRA nuts. That is at least mandatory impeachment, unless you are an idiot Floridian voter.  In the case of Rick Scott, it may have been voluntary manslaughter, first degree plot to shoot up high schools. The additional charge is violation of our right to regulated militia.

One more mass shooting in Texas and...

At Least 5 Dead, More Than A Dozen Injured In Shootings In Western Texas

What was my prediction? Texas is lost.  Repubs in the suburbs are no longer voting for the Texas NRA, and thanks to Guv Abbot, the Texas Repubs have the NRA and not much else.  What? The Texas Repubs got the Texas Space Cadet program, to help chase illegal aliens, otherwise the party is bankrupt. Suburban Repubs are not voting for one more mass shooting.

Boomers are still around

AOC Claim That Millennials "Most Informed, Historically-Literate" 


Using the same information technology as the millennials.
And the historically literate seems to notice a lot of failed Hispanic state, we are thus a bit skeptical of AOC's government theory, we are racist.

In California

Biden: Illegal Aliens Become Americans Faster Than Americans Do, You Know

They are immediately legalized and voting, twice because the still vote in Mexico.

Rick Scott organizes mass shootings

GOP fears Trump backlash in suburbs

The GOP comes into town handing our assault rifles to the town crazies.  That is not good politics.

Friday, August 30, 2019

Linsdey Graham driving up defense costs

A U.S.–Taliban deal will leave many American troops in Afghanistan. "Under the proposed deal, the initial withdrawal would include roughly 5,000 of the 14,000 U.S. troops in the country," The Washington Post reported Thursday.

"We're going to keep a presence there," Trump told Fox News' Brian Kilmeade yesterday. "We're reducing that presence very substantially. We're not fighting a war over there. We're just policemen."

But this comes after an announcement from Trump last December that the U.S. would be withdrawing 7,000 from Afghanistan within weeks. That didn't pan out. The new plan is the latest in what's becoming a Trumpian habit: promising a different path than his predecessors in places like Afghanistan, Iraq, and Syria, only to cave to the more militaristic forces in his party and in the broader media/corporate/political establishment.
In this case, Sen. Lindsey Graham (R–S.C.) has been one of the harshest critics of Trump's impulses to pull back the U.S. presence in Afghanistan and the Middle East. "Graham, one of Trump's closest allies on Capitol Hill, has repeatedly warned the president not to trust the Taliban to control al-Qaeda and other militant groups in Afghanistan," notes the Post.

Like Bolton,  spending money that California will not produce in taxes. So the more these dimwits drive up the deficit, the greater the tax rebellion, and Graham is fairly clueless.

Not really

Afghan vet reviews the war:
Through it all, the American people were told by their leadership that progress was just around the corner. The senior officers in charge of implementing a failed strategy refused to level with Americans about just how difficult the circumstances were.
The Taliban’s resurgence is the inevitable outcome of an inadequate organizational structure and an ineffective strategy. The Taliban in 2001 consisted of large units organized under a tribal military chain of command driven by a religious ideology. The U.S. won by March 2002, but instead of recognizing victory and departing, Washington took on greater responsibility by building political and security organizations that would lead to a Taliban resurgence, unparalleled corruption across the political system and an 18-plus-year conflict. By 2004, the Taliban took advantage of a sanctuary in Pakistan to reorganize, recruit and fundraise while co-opting village elders across the border. By 2005, the Taliban and other insurgent organizations had a foothold across Afghanistan.
Most of us knew that Afghanistan would return to the same nutty place it has always been. They live way up in the center of nowhere, completely isolated, stuck with a stone age philosophy. They are frigged, soon Iran will be bombing them, they are simply nuts.

This was not Vietnam, the original goal was modest, bomb religious nuts from B52s, while wasting the trillions that  Reagan spent on exotic, worthless bombers.

Methhead drug wars

28 People Were Killed This Week In An Arson Attack In Mexico

This is not the first mass arson and killings between the brain damaged cartels.  They lose common sense after getting on the drug.

Fresno Calizuela gets some of this, mostly loners brandishing a weapon, paranoid.  But with the cartel bribery reaching ever deeper into politics around ere, we can bet that the problem moves north, right to Gavin's front door. Mayor Garcetti of the self declared sanctuary city will be a violent place in a year or two as the meth spreads.

For any politician in California, you can forget national office, except for our affirmative action senators. With Kamala and Gavin inviting this mess up to Calizuela, then middle America is voting no on Calizuela.

We ave a right to regulated militia

Missouri Rep. William Lacy Clay claims we’ve reached a “tipping point” on gun control, and is hoping that means we’ll see new gun control laws passed by Congress and signed by President Donald Trump. We recently discussed the congressman’s new bill that would gut firearms preemption laws across the nation and allow for cities to pass sweeping gun bans, institute gun licensing and firearms registration laws, as well as impose onerous taxes on firearms and ammunition and other measures that would eviscerate the 2nd Amendment rights of law-abiding Americans
It is in the Second, actual words. If the Supremes decide something else, then we can change the court because the words remain.

 The Second Amendment prohibits nutcases from Bearing Arms to possess an assault weapon.  We will hunt you and your assault weapons down until you learn what a regulated militia is.

Not all cow milkers

Feminist Thought-Leader Claims Milking Cows Is The Same As Rape


Here is our counter example:
Catherine "Cate" O'Leary (nee Donegan; March 1827 – 3 July 1895) was an Irish immigrant living in Chicago, Illinois who became infamous when it was alleged that an accident involving her cow had started the Great Chicago Fire of 1871. Born Catherine Donegan, she and her husband Patrick O'Leary had three children, one of whom, James Patrick O'Leary, ran a well-known Chicago saloon and gambling hall.

There is an infinity of counter examples. In fact, milking cows once was mainly a feminist occupation.

Nor did she mention goats. Is it just cows , as I am a White Racist who once milked goats, back on the farm.  Am I a rapist? I could be the White Racist Rapist of feminine goats.

Add me to the initials: LBTGIFWRR, get me on the gravy train.

Not white enough

She may have used coloring to hide her whiteness, but she looks more like an equatorial. She cannot be a white racist with that skin color.

Anyway, her complaint is failed Hispanics state, the same complaint most Hispanics have. That is what she is talking about.    Maybe she is talking about her countrymen in Italy, they also do failed state.

I hear from Hispanics every day, and they all say the same thing, 'we do not want a failed Hispanic state in California'. But it may be too late.

Robert Schiller is blowing smoke

The Trump Narrative and the Next Recession
There is too much randomness in Trump’s management of the presidency to make persuasive predictions. He will surely try to stick to his public narrative, which has worked so well for so long. But a severe recession may be his undoing. And even before economic catastrophe strikes, the public may begin paying more attention to his aberrations – and to contagious new counter narratives that crowd out his own.
This is the conclusion of the article, the the content itself had absolutely nothing to do with how and why we will get a recession.  Robert has not been in the news lately since housing is not yet leading the bust this time around. So he does the usual horse shit one does with a bunch of leftwards, he makes the usual psychological fantasy about Trump's style causing recessions.

How did we get recessions before Trump? Clinton had a minor recession, much of today's recession goes back to Obama, they do not just appear randomly.  Now, with Schiller and the other Keynesians in a rut, they will need two more yeas of anti-Trump ranting before they recover.

Escaping failed cities

New Yorkers leaving in droves now that DaBlowsio plans to bus them and tax them.  We get the same result in LA where Mayor Garcetti invited the world's poor to come and live. The middle class are leaving. What can we say about Chicago? Mayor Lightfoot has one job, turn out the lights, the party is over.

Dumbshit lawyer

In a big win for employers, the National Labor Relations Board has adopted a broad definition to distinguish independent contractors from employees, making it difficult for contractors to form or join a union.
Its decision in SuperShuttle DFW Inc., emphasized that contractors retain great flexibility to control their work, set their own schedules and use their own equipment. That means, the NLRB ruled, they are not covered by the National Labor Relations Act.
The decision will make it much harder for gig economy workers to seek union representation. It “throws a roadblock into unionization efforts involving such workers, as federal law does not permit independent contractors to unionize,” said a statement from the Fisher Phillips law firm.
The bold is a statement from a clueless lawyer. The truth:

As an independent contractor, the terms and conditions of the work you perform are set out in a contract between you and the employer. Even though you are not considered an “employee” under federal labor law, you may still join a union. However, you should keep in mind that a unit of independent contractors is not subject to the same privileges and protections as a regular union bargaining unit. For example, an employer is not under the same obligation to bargain with a union regarding contract terms for an independent contractor that it is to bargain over issues affecting its regular employees. Also, an independent contractor who went on strike would not be protected from employer reprisals under the National Labor Relations Act.

How would the lawyer up top make such an incredibly stupid statement? Anyone can unionize, it is the first Amendment. What the stupid lawyer means is that independent contractors cannot get all the special federal union protections, a different topic really.  But he is an idiot, not doubt he past leftward law school and forget everything important.

Do Blowsio is clueless

He is at 1%, he is the leftward mayor of New York City. He supports forced busing and identity politics.

DaBlowsio is unelectable, and his inability to see that makes him as clueless as Kamala from Cartel land.

Zuck and Elon are spouting horsemanure

Let’s do some science fiction today. Recently both Mark Zuckerberg and Elon Musk’s have announced that they’re building tech to read your mind.
I know this stuff, they propose the impossible, they will need to detect out emotional state, and there is no way they can read the state of that hormone release deep in the brain center.  Ghos neuronal firings in the cortex decay over one or two mylen sheaths before anyone can read the electrosatics.  The whole idea is horseshit.

Dems have been ignoring the Rednecks also

Many Muslim activists and operatives already felt all but neglected by the Democratic presidential candidates. 

Now, as most 2020 contenders are set to skip what is billed as the largest annual gathering of Muslims in the country this weekend, they’re growing increasingly fearful that Democrats may miss an opportunity to mobilize their community against President Donald Trump next year.

There is no official recognition of Rednecks as a special ethnic group.

Rednecks do not wear tent hats, we are generally educated in the basic of law.  Most of us do not advocate for special government religions except some of us dumbshit evangelicals.  So, if Rednecks can do it without special rules from the Dems, then Muslims (and evangelicals) can do it. 

Frankly all of us are tired of identity politics, and political correctness is a lousy, worthless course of studies. We are not sending checks to Muslims because they are too stupid to exit the religion.

Bribery is running deep on this issue

California Might Resurrect Redevelopment Agencies That Were Wasteful Exercises in Corporate Welfare
Milton Friedman famously observed that "nothing is so permanent as a temporary government program." The rare demise of a government program, it seems, is temporary too.
Sandra O'Connor considers them illegal:
But former Justice Sandra Day O'Connor's dissent encapsulated the evils of the redevelopment process in a way that we should all keep in mind, as state lawmakers try to bring these agencies back to life. "Under the banner of economic development, all private property is now vulnerable to being taken and transferred to another private owner, so long as it might be upgraded," she wrote. "The beneficiaries are likely to be those citizens with disproportionate influence and power in the political process," while the "victims" will be those "with fewer resources."
Who got the bribe?
Legislators have revived different elements of redevelopment, through various programs such as "infrastructure finance districts." These have been more limited than the original redevelopment concept, but state Assemblyman David Chiu (D-San Francisco) this year pushed a bill that would have brought back full-scale redevelopment.
last time is was the guy from Salinas. Construction contractors shop their bribes around.

We get the same cyber attacks back

19-year-old NYC man accused of plotting to commit ISIS-inspired attack
The incident came the same week that The New York Times reported a cyberattack carried out by U.S. Cyber Command in June severely limited Iran’s ability to target oil tankers in the Persian Gulf.
While Iran denied in June that the cyberattack had been successful, the country is still working to get all its servers back online and recover data that was lost, the Times reported.
The cyberattack took place the same day Trump called off a military attack on Iran amid tensions between the two nations after Tehran shot down an American surveillance drone.
The United States also reportedly carried out a cyberattack in June disabling Iranian computer systems that controlled its rocket and missile launchers.
And many small towns in Texas are struggling to get their servers back on line after  Iran retaliated.  The CIA and NSA are engaging in a game that harms our national security, we have no real defense against cyber attacks as long as the NSA blocks secure ID. 

Technicalities of the law

With secure ID.

Under standard natural human rights, we can hold secret data, and refuse to give it up under the fifth. Under the right to tax and regulate and coin, we can be required to honor warrants if we use dollars. 

Government can use the contractual capability of secure ID to place restrictions on legal transactions. This is voluntary, in that users still have bearer digital cash.  But most agents choose legitimate transactions for fear of the county sheriff, already bought off by the federales.  Regulation is no worse nor no better than before.

What about warrants for third party info, that my secure ID holds? This is where Tim and the NSA have work cut out, come to an agreement.

Thursday, August 29, 2019

Chicago is missing a billion

In the budget. No place to run.

Secure ID will obey a warrant

Ok, ok; this is a problem. today government can get a valid warrant and take you bearer cash.

Tomorrow a bunch of CEOs in she secure ID business will be dealing with warrants.  So, let us define a simple, valid and secure warrant a priori, and program that law into the secure ID, at the foundry. The secure ID only recognizes a warrant from a signed, and valid judge. The warrant then goes through the foundry, and onto the smart ID judicial built in app.  The foundry passes opn the secure ID  watermark from the established judicial level. Thus, the chip and cops rely in the validate the protocol as trusted miner.

This is where the NSA and the foundries need agreement a priori.  Define the simplest set of warrants, create the simple warrant contract for secure ID.  Then give us the power of bearer assets, up to $100.

I don't predict a recession

Nor unpredict it.

The most likely outcome is a few quarters of growth below 2%, a bubbling along close to zero as we adapt to long term deflation. I say that because the ten year was trending to something like 2%. A smooth ride into deflation with a lower bound, like a half point. The big shock is over, the Nixon Shock, it has settled, energy and prices should resort to neutral over the complete sequence. That would be the outcomes of double entry accounting done right, and we are close enough to right.

So an economy headed for a well predicted deflation will at various times and places drop a near zero growth without triggering the blue bar.

Bolton nearly caused catastrophe

The CIA’s Dark Prince Doesn’t Want War With Iran
Up until a couple of months or so ago, the U.S. was actively considering a full-scale military operation against Iran and was “98 per cent ready” for such an all-out attack, according to senior political sources in Washington and London spoken to by OilPrice.com last week. “The remaining two percent involved the final movement of men and materiel into attack positions and finalising the technology and software involved,” said one. “At that point, [John] Bolton [U.S. National Security Advisor] was the dominant voice in [U.S. President Donald] Trump’s ear, and this meant moving at least 120,000 troops into position to augment the [U.S.S Abraham Lincoln aircraft] carrier group that was already in place.”
“At about the same point, though, some of the President’s very close longstanding personal advisers and very senior CIA figures persuaded him that it would be an utter disaster, both militarily and economically, given the scale of the Iranian military and the terrain involved, its ability to launch guerrilla warfare anywhere in the world through its military proxies Hezbollah and Hamas and others, and its ability to disrupt the Strait of Hormuz,” one of the sources added. “In short, it was put to him that such a [full scale] military attack on Iran would lead to consequences potentially of a least the same length as the Afghanistan conflict and of at least the severity of Islamic State’s peak power,” he added.
Bolton and Trump are a couple of flounders.

Doing the cycle

Dovish comments from the European Central Bank’s next chief suggest the bank could present a major stimulus package in September, according to a prominent currency analyst.

Christine Lagarde, the former head of the International Monetary Fund who has been nominated for ECB President, told the European Parliament in written comments that the central bank has room to cut policy rates. It is “clear that monetary policy needs to remain highly accommodative for the foreseeable future,” she wrote.
Right on time. Accommodative means help Club Med increase debt ratios.  This is leading to a long term deflation, like Japan.

NSA is in a contradiction

Demonstrated by the drone problem, drones are here and can be licensed only with Secure ID, because we have to secure their protocols. Absent Secure ID for drones, we have extreme danger with no way to tell friend from foe.  Same issue with data theft from local government. As long as the NSA prevents Secure ID, there will be an infinite number of inside jobs.

NSA has a problem, has nothing to do with sandbox. If the NSA starts the sandbox with a $50 limit on bearer assets, then great, we can enforce it and Secure ID is here. Sandbox has enforced, bounded contracts.

MostThings for All

"We must immediately get to work and draw up a budget to avert the VAT hike, protects savers and offers solid prospects for economic growth and social development..."
The mere fact that he had to mouth the impossible shows are far into delusion are the Italian voters.

We suspected all along

Trump Made Up Those “High-Level” Chinese Trade-Talk Calls To Boost Markets, Aides Admit

I wonder who does his trades?

Looks like a dollar tree foam plane to me

Claim is that this is an Israeli drone.

That wing is easy to make, in fact I just finished making one. I go with the tubular chassis also, as they can be purchased in carbon fiber form later.

The little turbos are expensive, just put a big gas honker engine and an 18 inch prop, works fine. RC plane fairs fill the sky with drones just like this.

Demonstrate the need for regulated militia

“May Issue” in New Jersey is, in practice, “no issue.” The legislature helped solidify this by passing a series of gun control bills last year. One, in particular, added to the statute a definition of “Justifiable Need.” In plain English, a law-abiding citizen, regular Joe, will not be able to get a permit to carry in NJ unless they are able to show they have been previously attacked, multiple times, or there have been multiple previous specific threats to the person. Therefore, New Jersey is a “no issue” state, unless perhaps you’re politically connected or know the right people.
This is gun control, and New Jersey law enforces the right to a regulated militia. In plain English, if conditions warrant a regulated militia, the we are guaranteed that right, private and public.

The court can select the option, emphasize right to bear or emphasize regulated militia.  Letting anyone have assault weapons with no connection to regulated militia is definitely a Constitutional error, we have seen the spread of assault weapons makes the public effort to keep a regulated militia very difficult.

Concealed hand guns approach the grey area, mainly because we have grand fathered in target shooters.  Hunting weapons are simple. It is the assault weapons, and concealed high powered handguns. Assault weapons need a highly regulated gun club or professional regulated security force. The high caliber handguns need be registered. No one is taking away the right to own, that is impossible since they are legally manufactured.

Duration is measured in cycles of default

Argentina Seeks to Extend Maturity of $101 Billion of Debt

Argentina promises a few more month before defaulting on long bonds.

Wednesday, August 28, 2019

Out twittered

DNC Red Alert: ‘People Generally Are Feeling Trump Is Beating Us On All Fronts Right Now’

One of my uncles


My recent accomplishment

Mentioned before, I have advanced the art of dollar Tree foam airplanes a bit. I perfected the art of using the hot glue system to slightly crease a wing along a line allowing us to select camber.  Actually it advanced the range of small aircraft because both upper and lower camber is possible, selected to give a narrow lift axis, but much more lift capacity. I will get minor mention somewhere, that blog guy did it this way, they will say. Like making history.

Fentanyl causes brain damage

Sacklers to Remain Billionaire Family If Purdue Settles Opioid Lawsuits
Doctors were too stupid to understand the causes of opioid's deep addiction.  The pain pathways get permanently altered, likely in the brain stem.  It is call brain damage, and doctors should have known.

Other bizarre news

Sex is cheaper if you dump the tent hat

Ilhan Omar’s Campaign Has Paid Over $200,000 to Her Alleged Lover for ‘Fundraising Consulting’

Will the IRS ditch my tax bill if I threaten suicide?

Court Rules Idaho Must Pay for Trans Sex Offender’s Transition Surgery


Glasgow is guilty of slave trading.  I should get reparations for tax evasion.
The British university sector has recently endured numerous regrettable American imports, from “safe spaces” and the campus culture wars to bans on non-woke food. Now we have been blessed with a new gift: the reparations debate.
To atone for its past sins, Glasgow will spend its reparations money on . . . itself.

Afghans going bzonkerville

KABUL - The Taliban said on Wednesday it was close to an agreement with U.S. officials on a deal that would see U.S. forces withdraw from Afghanistan in exchange for a Taliban promise that the country would not become a haven for international militants.
Negotiations over how to end the 18-year war in Afghanistan have been held in Doha, capital of Qatar, since late last year. The ninth round of talks began last week.
Taliban is back into nutty rule.
It is Iran's turn to bomb the nutcases.  Something about the nation, like the place never should have been inhabited.

How California spends CO2 taxes

An audit has found nearly 60 former Sacramento, California, city employees, including 18 former police officers, continued to use their city IDs to get free gasoline after leaving city employment. All told, they took some 10,000 gallons of fuel. Records show that the fleet management division was informed the employees had retired, resigned or been fired but did not revoke their access to city fuel pumps. Officials say they are taking steps to stop this from happening again, including installing surveillance cameras. No word on whether the former employees who took the gas will face charges or whether the employees who didn't revoked their pump access will face any punishment.
Waddya know, they use CO2 taxes to promote more CO2 pollution that otherwise would have been.  Thus, the 500 economists who signed the CO2 tax proposal all know this! That is why they signed, in an effort to increase CO2 pollution for their pals on government check.

Tuesday, August 27, 2019

One more Trump hotel on the way

Saudi Ruler Sends Brother to U.S. as Trump Wavers on Iran, Yemen
Our oil and military deal with Saudi is a bit expensive for us.

White politician practicing racism

Biden: Racism in US is institutional, ‘white man’s problem’

And Joe Biden, with this racist statement, proves his own point.

From my point of view the issue is, do we want a failed Hispanic state?  The answer from everyone will be no, Hispanics, Blacks and Whites, all agree, no failed Hispanics state.  So if that is racist, count me in, like my fellow Hispanics here in Calizuela; we are biased against failed Hispanic state, and we have three of four just south of us if you include Venezuela. California is already over the edge, so we have Calizuela Hispanics running to Texas where the economy still works.

My advice to Hispanics is get a primer on balance of power and checks and balances. Then Hispanics will not always vote for failed Hispanic state.

Chemical war attacks on the USA

The post gives us a map so we can follows the wars. The case, this time, was 60 thousand pounds of fentanyl.

Failed Hispanic states send high potency drugs to dumbshit kids in the USA.  The drugs mostly flow through California here the cartels have some protection.

California politicians cannot be trusted, many already on the cartel payroll.  Kamala can never win from California.

'This time is different' fraud

Insiders Don’t Criticize Other Insiders
A telling anecdote involves a dinner that Ms. Warren had with Lawrence H. Summers, then the director of the National Economic Council and a top economic adviser to President Obama. The dinner took place in the spring of 2009, after the oversight panel had produced its third report, concluding that American taxpayers were at far greater risk to losses in TARP than the Treasury had let on.
After dinner, “Larry leaned back in his chair and offered me some advice,” Ms. Warren writes. “I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders.
I is actually worse.

The insiders have to secretly check the group before expounding some new result.   But technology is ahead of the game, and the new result is widely discussed by outsiders, and insider always late to the game, cyclic.  This effort at conspiracy is why we are cyclic.

Fed's in a loop, says Dudley

https://www.zerohedge.com/news/2019-08-27/bill-dudley-shocker-ex-ny-fed-president-urges-feds-powell-prevent-trump-re-election
The Fed is easing its target rate before it finished sell portfolio. Short path out, long path in makes a loop. The curve is not responding, too sluggish, no liquidity because Fed is not circulating those bonds.

So, it is back out of the loop and try again. The Fed has to sell some bonds. But if the ten year drifts back up to 3% yield, that is no go for government budgets. The Fed needs to keep the ten year yields around 2.3% for a long term deflation. I think the ten year rate has to cover a 1% zero bound variation over the total double entry spectra, and we still get or 1.8% growth. So we are on the down half of a long term zero inflation adjustment.

We are looking at a half point deflation indefinitely. But we cannot expect a half point deflation, don't think we are capable of that. That is the contradiction, and it will fit the shan soon.

Monday, August 26, 2019

Wanted, typist, female, loose morals

The Justice Department has submitted a brief to the Supreme Court arguing that federal civil rights laws do not protect workers against discrimination on the basis of sexual orientation or gender identity.
Hence the problem, is there a line and where is it drawn. 

Public access to commerce is not a stated human right, anywhere around our constitution. But the right to regulate interstate commerce allows the Civil Rights Law to lake the lead, what does i say? If it is not specific on the issue, then there is a problem, it should be kicked back to the legislature, which can do what they want.

The court today is likely to reach for new law, so as to prevent want ads like mins.  That will cause court jamming. I fully expect both the courts and Congress to totally fuck this up and jam the courts.

The farmer's flying tractor

The flying tractor is butt ugly, a single carbon fiber tube and a massive  rectangular carbon fiber wing. But it can carry 300 pounds of freight under is wing, slung onto the carbon fibertube.  It is a 1/2 scale STOL without the cabin and without the sheet metal. The motor is 30 hp, and it cruises at 40 mph about thirty feet above the field. It is a slow lifter, the motor is a four cycle, two cylinder.

It can spread seed or fertilizer or chemical  at ten acres an hour. It cost 15 grand, a third of that cost is the motor. It is all about the light weight, but strong, carbon fiber materials. Carbon fiber has filled an empty gap in air vehicles. Just above the earth, everywhere, we will deploy autonomous planes, fly bots.

Three parties drive this, hobbyists and educators demanding the carbon solutions, as is commercial aviation and military.  Everyone wants the small scaled down version, the flying bot.

My foam airplanes are analogous. I can take the bare foam board, roll it, laminate it and weave it, just like the carbon fiber is treated, with resin and heat.  That is what intrigued me about Dollar Tree foam airplanes, the limiting factor is not the air frame anymore, nor is it the autonomy; linux has that. There is nothing stopping the market at this moment.  Sufficient carbon fiber components already available in the proper shapes, they just need epoxy, bolts, and utility clamps on that fuselage. We are talking farmers, today do this; and it will spread far and wide.

Linux can be a real time avionics operating system

hat is a real time operating system? A controlled version of a non-real time operating system. RTOS can still be jammed by inputs gone wild. They may guarantee that no input can stop a real time event, but so can linux if it is not flooded with asynchronous events of significance.

The linux kernel is not too complex, and it run simulations just fine and could work in game configurations on a variety of hardware. Xwindows need not be included.  The problem is one of certification, it is expensive, it requires a different coding format, and it is given extreme tests which stretch the kernels normal 'intent'.   It is entirely possible to plug your linux laptop into the auto-pilot, just don't surf the web.

My new company, By Air, puts a linux micro flight computer in every vehicle it sells, at 2 grand a pop. The GPS module is on a USB interface, applications that manage flight read GPS like a file. The servo interface is on the UBS. So an application can send 'down four ticks' by writing to a file. No Xwindows because no user. The comm is on the UBS, and liinux shuffles video as needed from the camera, on the UBS. The on board linux tracks air traffic control space, keeps the local map. hWen there is trouble, linux takes the safety landing appropriate to the occasion..

Depending on how the Hong Kong rebellion goes

South American Shockwaves Bring the New Silk Road Into the Americas as Neo-Liberal Order Crumbles

Belt and suspenders is backed by the lending capacity of Hong Kong, the golden goose and linchpin to the operation.  The New Hong Kongers do not like the investments, think they are loses.

Central bank events trigger hedges

After Mark Carney Admits That Low Rates Lead To War, San Fran Fed Suddenly Changes Its Mind On NIRP
After Japan introduced a negative policy interest rate in 2016, market expectations for inflation over the medium term fell immediately. This can be seen by assessing how prices for Japanese bonds with embedded deflation protection responded to the policy announcement. The reaction stresses the uncertainty surrounding the effectiveness of negative policy rates as expansionary tools when inflation expectations are anchored at low levels. Japan’s experience also illustrates the desirability of taking preemptive steps to avoid the zero interest rate bound

Because of the long period of low inflation in Japan, its experience provides an interesting example of the impact of negative monetary policy rates when inflation expectations are well-anchored at very low levels. We examine movements in yields on inflation-indexed and deflation-protected Japanese government bonds to gauge changes in the market’s inflation expectations from the BOJ moving to negative policy rates. Our results suggest that this movement resulted in decreased, rather than increased, immediate and medium-term expected inflation. This therefore suggests using caution when considering the efficacy of negative rates as expansionary policy tools under well-anchored inflation expectations.

Mark Carney says we are not going to be happy with long term deflation, no matter how slight.  Mark thinks an autonomous, global reserve currency helps, but don't like bitcoin.

What are we getting? Yellow Vesters, Hong Kong, Bexiters protesters, and a colorful Congress. One thing these groups all have in common? They never voted for the stuff we bought with all that debt. They have no moral duty to pay it, no voter's regret to keep them in line.

One path in and another path out makes a loop

In late 2015, Treasury raised he one year rates. The Fed should have done nothing and continued to sell its it loans on balance. That would be taking the same path out it took in. The excess reserves would have left to fund the one year teasury market, the two together force the Fed back to the short end of the curve.

This is from a would should post by Selgin on the Fed. There is a chart I have:
See there, the Fed followed he One year rate on the way back out. That was a different path hen going in.

Treasury demand grew, that was when the Fed needed to expose the bankers to the new regime, kept IOER low, continued selling debt, flush out excess reserves and moved left on the curve, operate near the short end..

The Fed didn't, instead it followed the one year Treasury, which it always does. Look, lets be clear. Banker economists are limited in what hey can reveal, it is almost a legal requirement and we have gone over the constitutional issues on this, they are tough. But there is a natural course of events no subject to the double entry accounting constraints.

We do in fat, rescale at the Fed, and by our repeated denials, we generally end up doing it overnight.  The current law and current restrictions on accounting guarantee suddenness of some large natural event.  The build up on the contradiction is strictly Congress, and the Fed is strictly central banking. We need to bet the Nixon Shocks, keep them on account as hey are quite regular. Denialism does not back up the currency, it simply causes shocks intsead of processes.

Trade deals

Trump says he regrets the China thing a bi. Than says he doesn't. Then says Cina called. China denies. If nothing else, Trump is entertaining.

Secure ID makes drone traffic work anbywhere

Each drone has a secure ID, like each Daimler car will have one.

Drones can be verifiably proven to follow local flight control rules, stay 500 feet above traffic, follow main roads. Each drone will await approval before takeoff, even delivering the air traffic control person a visual as needed. All the drone type will be registered, their flight controls being tested. All fly bots communicate with traffic control and follow the commands of the cop flybots.

So, you see, it is not just digital money, it is transportation everywhere, humans enforce obey and protect, once proven, the bot can be let go.

Sunday, August 25, 2019

Hezbollah got drone

Hezbollah leader says Israeli army to face quick retaliation to drone 'attack' in Beirut

Drones be coming to Israel. Hezbollahs are one fo the fake mohummerdudes, whom they hate. They are palls with Iran who are also fake mohummerdudes, and they hate the real thing also. Half of the middle east is schizophrenic, made that way by marauding arabs.  So, Israel has to battle these confused psycho fake mohummerdudes, like zombies. And they all got drones.

Trump pulled out his big thing and wagged it around

Trump promises 'very big trade deal' with Britain post-Brexit

At the dinner table, no less. 

There is Boris, laughing,'That is a delicious big thing', he said. All got a big laugh.

The Chrome password manager

It maintains the list of passwords and user names per URL login. Hopefully is is Secure ID, but I think not yet, Chrome can still pass the info on.

But password manager, with secure ID,  is a great app, you just keep your secure ID handy, whether it is an NFC card or a smart phone or on your computer. If it is secure ID, then contracts are verifiable back to the foundry.

I know chrome password manager is not secure ID as otherwise we would already be seeing bearer pennies on the web. If you password manager is scure ID, then it is easy to modify it to carry digital bearer pennies.

Brazil, failed state?

Homicides Of Young Brazilian Males Higher Than Syria And Iraq, Report Says

AP has the drone story

Drone war takes flight, raising stakes in Iran, US tensions

My drone machines revitalize mall shopping

I am delivering these planes with a price point of two grand. They can land and pickup goods at any mall given a 15 foot clear runway. The plane is completely carbon fiber, the winch with a ten inch chord is dual cambered for list and five feet long.  That wing, with the right motor, should be able to deliver a standard 30 pound of cargo, to any back yard with 5 feet of exposed runway. These drone panes can land on grass.

There is no Uber, there is a coordinate map bu google maps work just fine. Just locate the sore address and find the designated lat and long. It is just a standard flight plan.

peed limit above town is 60 mph at five hundred feet above the streets. The drones have beeper tones for air traffic control, run by the local airport and police, complete with police flybots.  Just in time delivery of critical parts for enterprises will be common, just send he fly bot to go get it. Send it to the local liquor store for a six pack of cools ones.

If you are paying 20%, you already are gone

Investors Say No Thanks to Ghana Debt Offering Yield Above 20%

Losses endogenous to government, counted

My post was about expressing skepticism. We always hear big promises from rightward-leaning economists about the growth-enhancing powers of tax cuts and deregulation, but these policies often fail to deliver.
Noah Smith takes this line, Cochrane says no. How do we calculate the lost GDP from government activities?

The best estimate is calculate the generational write off of government debt during our regularly scheduled Nixon Shocks.  The roughest, back of the envelope numbers I read are about 1/3 of principle is written off over one generation. That comes to about 200 billion in interest charges or 1% gain to surplus. Add that to the nominal 2.3% growth we have now, get 3.3%.

Huge error in my method, but it is  good first order number, and the actual number will be what the elders think, and the elders read my blog. The elders have the problem of calculating what the millennials are willing to pay, and I guess giving them a 1/3 break on federal interest charges would seal the deal.

For the current Nixon Shock, we need to restructure government agencies a bit so they prepare for the successive Nixon Shocks to come. Basically the New Fed forces government agencies to schedule their Nixon Shocks on a 15 year basis. They have to keep twice the accuracy on balances, work but not a disaster.  Millennials would do well, much better than the WW2 generation, and twice as good as Boomers. We are writing off about /3 of the ice that John McCain and Diane Feinstein melted, calling is higher ocean levels.

Saturday, August 24, 2019

Drone wars

JERUSALEM/DAMASCUS, Aug 24 (Reuters) - Israeli aircraft on Saturday struck Iranian forces near Damascus that had been planning to launch "killer drones" at targets in Israel, an Israeli military spokesman said.
"The strike targeted Iranian Quds Force operatives and Shiite militias which were preparing to advance attack plans targeting sites in Israel from within Syria over the last number of days," the military said in a statement.
The elite Quds Force is the overseas arm of Iran's Revolutionary Guards (IRGC). Israeli military spokesman Jonathan Conricus told reporters the forces on Thursday had been preparing to launch "killer drones" armed with explosives at northern Israel.
Israeli Prime Minister Benjamin Netanyahu said the military had thwarted the planned Iranian attack. "Iran has no immunity anywhere. Our forces operate in every sector against the Iranian aggression," he said on Twitter.

2 Israeli drones crash over Beirut, Hezbollah denies firing

BEIRUT (AP) — Two Israeli drones crashed in a Hezbollah stronghold in the Lebanese capital overnight without the militants firing on them, a spokesman for the group said Sunday, saying the first fell on the roof of a building housing Hezbollah’s media office while the second landed in a plot behind it.
The drones crashed amid heightened tensions between neighboring Israel and Iran, which backs Hezbollah, and shortly after Israeli warplanes attacked targets near the Syrian capital, Damascus. Israeli aircraft buzzed over Beirut on Sunday, hours after the drones crashed, raising fears of a wider conflict.
Hezbollah spokesman Mohammed Afif said a small, unmanned reconnaissance drone fell on a building housing Hezbollah’s media office in the Moawwad neighborhood in Dahyeh, the group’s stronghold in southern Beirut.

20 years of Gavin Newsom generates Hispanic failed state.

CALIFORNIA GOVERNOR BLAMES TEXAS FOR CALIFORNIA’S POLICIES THAT CAUSED THE HOMELESS CRISIS
California’s authoritarian governor, Gavin Newsom, blamed the state of Texas for California’s homeless crisis. Rather than put the blame directly on the policies California has instituted that stifle free enterprise and punish heavily those who produce, Newsom said it’s the fault of Texas.
Newsom said many homeless people on the streets of San Francisco are from Texas. in an attempt to shift the blame from himself and the polices of socialists (who get rich peddling socialism to the masses as everyone else becomes impoverished.)
Former California assemblyman turned Texas resident Chuck DeVore reacted to Newsom pushing the blame onto others. The vice president of the Texas Public Policy Foundation, Chuck DeVore, said Wednesday that Gavin Newsom is “responsible for the policies that have created California’s homeless crisis,” in the wake of the governor blaming Texas for San Francisco’s homeless crisis. “What you’re seeing here are the words of a desperate man that we should almost feel sorry for,” DeVore, who served as a California assemblyman for six years, told “Fox & Friends.”
“Governor Gavin Newsom has been in office now for 22 straight years, starting at the San Francisco board of supervisors,” DeVore added. Homelessness has been rampant across the state of California in the past few years and merchants and homeowners have become increasingly vocal and incredibly irate at how things are going in the socialist dystopia.
He was the daring of San Francisco rich, liberals. Had great parties, dated teenagers, was just a cool dude.  Reality never played a part.

It is written

Most Jews Don’t Vote For Trump Because We Don’t Share His Values

Most Rednecks were ever asked.  

Friday, August 23, 2019

Cops have flybots

The buy them from my ByAir company, they get the rugged version. 

But when the average homeowner can buy one of my flybots, for two grand, then we gotta have air traffic control out with their bots keeping an eye. If the cop bot thinks a fly bot is rogue, it may fire on it. We will typically have a thousand bots in the air above our roads at any given time. Five hundred feet above us, delivering groceries and beer.  There is no end to this.

Hybrid airplane motor

Take a standard piston motor and add an electrical motor/generator between the shaft and propeller.

So, with electrical storage, the stepper motor can drive extra power from short term storage, and replenish at cruising speed. The resultant piston moor can then run at fixed speed, really simplifying design. This is the optimum hybrid aircraft prop engine, great for ultra lites.

The piston motor can be geared down to low RPM, so you end up with this two piston, fixed speed, engine with electrical energy providing infinite torque variation. Store enough energy for five minutes of flight, or one take off. The rest of the energy comes from the combustion chamber.

The piston engine is now electronically controlled, constant fuel consumption, constant rotation lowers the weight all around. It is easier to mount,  a bit farther into the cowl.   The electrical system provides all the instrument power, with the five minute back up.  Engine vibrations into the chassis greatly reduced.   Add more electrical storage and include two electrical wing props, possibly VTOL capable. The craft has enough storage to get you mostly to cruising where three engine flight is possible.

The whole idea is why waste all that rotation power. Intervene at the main prop shaft and run the electric modulator as a computer controlled, dual torque flow  clutch.


Including crime suppression traffic stops

ChevronSevenDeferred3 points·5 hours ago
Mayor Bernard C. “Jack” Young asked Hogan for more state police deployments in the city, more staff for parole and probation in Baltimore and the release of $7 million in funding for technology upgrades in the Baltimore Police Department.***Nearly 700 people have been shot this year in Baltimore, a 27 percent increase from the same time last year.***Hogan said he believed the state would be able to fund “a lot” of Young’s requests. The Republican governor said he “gave them some input and some advice about how to improve the working relationship between the state and the city.”***Young’s office said, he asked for more “crime suppression traffic stops” by Maryland State Police and Maryland Transportation Authority Police; more parole and probation officers in each Baltimore police district to better monitor repeat offenders, including a unit focused on the “top 25 most violent offenders”; more state staffing of Central Booking and Juvenile Booking to free city officers for police work; state reimbursement for overtime for Baltimore officers who work stadium events, allowing city overtime spending to be used on crime-fighting; release of the $7 million Hogan is withholding for Baltimore police technology amid a budget dispute with General Assembly Democrats; $2.4 million relocate the Baltimore police academy; and $1.5 million for a new records management system, among other requests.
Quite the turn around from the protests of years ago.  But they will not remember the cycle, they will forget and when the next police shooting happens, protests and crime restart. They wash, rinse and repeat. 

No, the father failed the regulated militia test

FBI investigators say the Norwalk Police Department received a tip about Wagshol’s activity from a concerned citizen. The joint investigation began after the FBI received a tip that Wagshol was trying to buy high capacity magazines from out of state.
Police say all the weapons recovered from the home are legally owned and registered to Wagshol’s father, but that the 22-year-old had access to them. Investigators also recovered body armor with a titanium plate, camouflage shirt, pant and belt, ballistic helmet, tactical gloves, camouflage bag and computers. (source)
That’s right. The confiscated guns belong to his father. The son “had access” to them by living in the same house, but they are his father’s property. His father didn’t do anything wrong, but his property has been seized nonetheless.
The father violated my rights to a regulated militia. The ignorant ass let his son have access to the weapons without militia command and control. The father is unqualified to own guns and the guns need be taken away until father and son get some clues about regulated militia. The two boneheads are NRA castratti, dead enders, candidates for evolutionary removal.

Bitcoin has that covered, for now

Then along came former Goldman banker and current (outgoing) BOE governor, Mark Carney, who in his lunchtime address laid out a shocking, radical proposal - perhaps the most stunning thing to ever be unveiled at Jackson Hole - urging to replace the US Dollar with a "Libra-like" reserve currency in a dramatic revamp of the global monetary, financial and economic order.

If we need a pure liquidity FX pit, then bitcoin can handle that for now, and there is no sense in replacing it.  It is already widely traded and hedged. 

At some point, central bankers might want an improved block chain. Central bankers do not need a block chain with memory to time zero. But, with bitcoin available, I am not thinking this through.

ByAir outsources to Japan

Trump: I Hereby Order American Businesses To Immediately Start Looking For Alternatives To China

Or anyone else who can source servos, motors, electronic speed control, receivers and transmitters.

Libertarian spying for deep state

It’s a tough job, but someone’s gotta do it. Overstock CEO Patrick Byrne resigned yesterday after writing about the “deep state” and his personal knowledge of its operations. In two interviews, on Fox and CNN, Byrne then alleged that the FBI made him an operative — and that James Comey had directed him to “rekindle a romantic relationship” with Russian spy Maria Butina.

Female Russian spies are too ugly to do it for free, evidently.

Supply and demand according to John Taylor

This is a prediction market. Note, the volume jumped as the price increased. This seems like pricing sets the queues to stable. It is true, but what are they buying and selling? Money, or prices is the thing sold, this is pure liquidity, the finite set of examples where John Taylor is correct. Real goods markets the queue is managed first, then pricing set second only after the queues are stable.

Demonstrating two things, proof by listing the finite exceptions of an infinite set. And, in pure liquidity the only uncertainty is the serialization of the trade book.

Pure liquidity generally devolves to a standard, but implicit, two color S/L, as in this case.  This is an S/L that is backed by a recession! On resolution, the parties have adequately hedged their peculiar risks in a recession.

Chart from Menzie who is sneaking event studies into the recession prediction. Menzie has a problem, separating out the regularity of a recession from its local occurrence. That has always been the problem with event studies, the events generally trigger prior hedges set before the event.

I still support Iran

The enemy of my enemy is my friend — an alliance that may save the Middle East
The United States, Israel and Saudi Arabia, the keeper of Islam’s Two Holy Cities, are banding together to roll back the tide of Iranian expansionism set loose by Barack Obama, John Kerry and the other American apologists who crafted the ruinous Iranian nuclear deal.
The United States has maintained a robust military presence in the Middle East for a generation. That presence — not only carrier battle groups and special operations forces, but also fixed bases in Turkey, Jordan, Bahrain and Qatar — is being significantly enhanced, and one of the most dramatic signs of that enhancement involves the expansion of an American operating base in Saudi Arabia.
Several hundred US Air Force personnel are already on the ground in Saudi Arabia working on enlarging facilities at Prince Sultan Air Base that will house fighter planes and Patriot missiles. American forces left this facility 15 years ago in the face of tensions caused by radical Islamic forces. The threat of Iranian expansionism and the new, more moderate regime in Riyadh has brought them back.
Sorry, but it was this same deal that got us bombed in 2001.  This whole mess is a Bolton disaser, untold expenses and we will lose anyway.

Israel is not the USA, Israel is an independent state and can protect itself. We have history ignorant buffoons in the Repub party pushing this costly mess, and Trump is quite confused.

Future residents of LA

Mexico Risks Recession as Second-Quarter GDP May Be Revised Down

Lower industrial production. The 8% interest rate they pay is not helping.

Thursday, August 22, 2019

How is my new company you ask?

My transportation company, By Air, which got eaten by another company of mine.

The idea is simple. Anyone can buy my autonomous plane, it will take off on a ten foot runway, spiral up above the canopy, and fly to Walmart, where the attendant packs it full of groceries, less than 20 pounds.

Anyone can do this, for two grand per plane. No license needed, your machine will take legal flights to and from Walmart. Just fill it with gas, like a lawn mower. Watch the blades, like a lawn mower.

Anyway, my lab here in Fresno is producing experimental ones, and I can get them to fly straight up with a huge five foot wing. I have seven of them, all of different designs.  Sign up to be the first for your own airline. I can sell them for two grand, good for a hundred flights between maintenance.

What kind of power?

I like combustion for the task, though I am electric in the lab. Why not methanol based biofuel? The convenience is worth the extra p[rice, and by using methanol, the extra pollutants are not there, engine is much simpler. The autonomous plane only needs 3 kw of power, about three horses. The plane is very lightweight, the cargo is only 20 pounds, and under mass production, using carbon fiber or hardened foam, we get retail pricing down to two grand. Why buy a car? Just sent plane bot.

The Fed is negotiating with Congress

The Fed knows MMT time is arriving, they want a better deal than my 8 trillion buyout.  They want something closer to 4 trillion the size of the last recession balance sheet.  Congress might blink first. 

Congress is selling an asset, the Fed. At best, the Fed generates a hundred bill a year in fees to Congress. That is significant relative to their interest bill of 600 billion a year. So we have a net present value issue, and he best we can do is shift the spectrum.

The New Fed will deliver the negotiated amount over 15 years. But the New Fed cannot predict the moments of default, the market determines that by their hedges. The current Fed is cheap, how about we split the difference?

Close but no cigar Mr. Milken Institute

Handicapping the High-Stakes Race to Net-Zero
But the argument for relying primarily on financial incentives has historically not been very persuasive. Democracies tend to adopt policies that yield benefits concentrated among the few and spread costs among the many. Thus we see income or electricity being taxed in many jurisdictions to subsidize renewables, rather than the more economically efficient approach of using taxes on greenhouse emissions to offset reductions in other distorting taxes (like the payroll tax). In addition, of course, many politicians around the world simply distrust markets.

Even in California and the European Union, where cap-and-trade systems for CO₂ have been established, so-called “ancillary” or “belt-and-suspenders” policies that target particular sectors or sources have also been deployed. Both jurisdictions subsidize renewables: the EU subsidizes energy efficiency, while California has a low-carbon fuel standard. To the extent that such policies affect behavior, they distort the patterns of investment and emissions abatement and so raise the total cost of abatement. Moreover, they reduce the carbon price implicit in the cap and trade systems, and thereby discourage productive investment and innovation in abatement technologies.If it persists, this neither-fish-nor-fowl policy architecture will make the path to net-zero both longer and more expensive. A clear focus on incentives will not be easy to obtain as a political matter, but if the heavy lifting is left to the future, it will only become more difficult to achieve.

California has no net reduction in carbon. Most of the carbon taxes are spent on pensions, which are inflation adjusted, or light rail, which is an enormous polluter relative to buses.

Pay me now or...The more costly it is, economically and politically, to get to net-zero, the less likely the world will manage the feat in time to avoid unacceptably large permanent damage. Because policy choices in the near term can have an appreciable impact on those costs, it is in the nation’s interest (as well as the world’s) for policymakers to play the long game. But stating the obvious, alas, doesn’t make it much easier to get from here to there.

You almost got there, you missed the part about you being a pre-industrial of carbon you can prove you have been damaged. You get first claim on the carbon taxes, not California union members, not construction companies.

My tort case went nowhere. I had first claim on some California gas taxes, and my class action lawyers whimped out.  I am a pre-industrial user of carbon, except for electronics, a few 10 watt bulbs, and foam, lots of foam. I am a rare meat eater. I am not driving, I take a bus once a week or so.

Why cannot I get into tort court? Because politicians want to rule the green tax, that is why so many politicians are planning to melt trillions in ice; they intend to globally warm with that tax money.

Brexit causing wage growth?

Wages grew 3.9% annually according to the latest data set.
Immigration has slowed somewhat, but remains positive.  This number is net, so should include exits and entries.

Britain is almost at recession, the British currency is way down making exports competitive.

Stay tuned! 

This may simply be Britain adjusting to external evens and will be followed by the normal recession. This could be Brexit, positive or negative.  Who knows, just yet, give it a few days and sharper minds will look.

Macro Business had the initial report, HT to Naked Capitalism.

We have the electorial college because we are a republic

Ocasio-Cortez Claims Electoral College a Racist Scam to Benefit Middle America

The poster criticizes AOC, then goes on to explain that we are not a democracy, but a republic. The lack of education is explaining that we are not a proportional democracy, a point which most pundits tend to miss. AOC is right, in her terms, just as right as the post criticizing her.  Both parties explain this is a republic, one party likes it the other doesn't. 

Can we change the Constitution? No, not with a Hispanic failed state in Calizuela, the new constitution would need a thousand pages. We are stuck, there is no repair. When half your population has no understanding of checks and balances, then any new constitution is doomed to failure. No, we would not trust the elites to make a new constitution.

Hispanics do not like failed Hispanic states

Hundreds March In Mexico City to Demand Action Against Police Accused of Rape

Actual humans looking just like Northern Europeans are protesting the failed Hispanic state down south.  It is a philosophy. These women understand checks and balances, and they are on the wrong side of checks, and government makes them unbalanced.

These women want individual rights applied to all, as in English law. But they are Hispanic, does that make them racist?

As Calizuelan politicians continue to push for ill managed regulatory state, the Hispanics will rebel. Most are fleeing failed Hispanic state, the last thing they want is Gavin and the failed Staters.

The NSA is holding cities hostage

Vox Sentences: Hackers are holding cities hostage


It is the NSA that prohibits wide use of secure ID, and secure id protects government data.

We have no idea who is locking up the data, and who is releasing passwords. These could be inside jobs, bribing government employees to accept a phish. The ability to alter or change data should be restricted to someone holding secure ID so that data security is guaranteed.