Trump orders government agencies to make full use of Wikileaks

As part of his efforts to drain the Swanp, the Swamper-in-chief ordered immediate public release of all government horse manure within the nations capital. The gas alone maimed 10,000.

Jerry and his idiot legislature cower before Trump

Brown’s State of the State address is both conciliatory and defiant

My take away from his speech is about the same, Sacramento is all about moral cowardice. Those bums remind me of ignorant Texas Tea Party bums and their bankrupt cities.

How Trump can take your cookies and give them to me

How Trump Could Shrink the Government (While Still Keeping the Good Stuff)

Michael Byers at Politico takes a shot at scamming us. At least he is honest, announcing his fraud in the title.

Stiglitz should know better than to repeat the scam

Technocracy: Indian Prime Minister Narendra Modi has already removed 86% of his country’s currency from circulation in an attempt to curb tax evasion, tackle corruption and shut down the shadow economy.Should the US follow suit?Joseph Stiglitz, Nobel Prize-winning economist, thinks so. Phasing out currency and moving towards a digital economy would, over the long term, have “benefits that outweigh the cost,” the Columbia University professor said on day one of the World Economic Forum’s Annual Meeting in Davos.Stiglitz was speaking in the session Ending Corruption alongside Mark Pieth from the Basel Institute of Governance and APCO Worldwide Founder and Executive Chairman Margery Kraus. Stiglitz and Pieth co-authored a report, Overcoming the Shadow Economy, in November last year.

He still repeats the lie to Millennials. Stiglitz wants to work with the IRS to get government software embedded in pure cash.  Stiglitz covers up the hidden agenda, thus threatening to commit a crime against humanity. He knows it, that makes it premeditated, notify Interpol. 

The material girl is secessionist

As Breitbart News reported, “The U.S. Secret Service will reportedly open an investigation into Madonna after the singer told demonstrators at the Women’s March on Washington Saturday that she has often thought of ‘blowing up the White House.’”

I often think of making the White House a museum

The struggle surfaces

Reason Mag: Should the Internal Revenue Service (IRS) have authority to make financial-services companies turn over millions of customer records when they suspect a handful of customers could be evading taxes? Most people would respond with an emphatic no, yet this is exactly what the IRS is attempting to do with Coinbase, one of the most popular cryptocurrency service providers. And if the IRS prevails in this privacy-violating crusade against cryptocurrency users, it could have big implications for the future of everyone's digital privacy.

If you believe in central banking then you have a theory of repression.  How is it working? 

Advocates of pure cash have nullification, courtesy of Sotomayor. We can use nullification by segmenting the tax dollar, push it up to the smart contract layer. Then we let Congress default suddenly, blame Reagan and the Tea Party welfare bums.

Trade technology, the new era

Business Insider: Bond trading platform Tradeweb is pushing a type of trading known as RFQ, or request-for-quote trading, for US ETFs. Tradeweb launched a RFQ platform for US ETFs in the first quarter of 2016, and has seen quarterly volume increase steadily since then. The platform has now traded $24 billion in notional volume, with half of that in the fourth quarter. 

We have two themes, a relatively fair trading pit and exchange traded funds. 

The second issue is about ETFs causing incoherent aggregation in the stock market. The financial markets themselves are supposed to be 'flea market', no supply lines. Indexing adds the delusion of a stock market supply line. Then, in moments like this, when the conditional probabilities are aligned, the delusion suddenly evaporates.

The first issue is about the new sandbox technology, and Tradeweb is a huge hit. They may even beat Redneck Systems, especially if the get the price engine concept.

Bailout stampede

Zero Hedge: The plan includes $180 billion to rail and bus systems, $65 billion to ports, airports and waterways, $110 billion for water and sewer systems, $100  billion for energy infrastructure, and $20 billion for public and tribal lands.Cited by the Times, Chuck Schumer said “our urban and rural communities have their own unique set of infrastructure priorities, and this proposal would provide funding to address those needed upgrades that go beyond the traditional road and bridge repair." The Senate Democrat leader adds that “We’re asking President Trump to work with us to make it a reality/"

We know the hidden agenda, these states and localities have 4T in pension debt. Number one choice everywhere? Transfer the debt to federal taxpayer. 

Then why did Ca schools go on a construction binge?

SF Chronicle: Public schools around California are bracing for a crisis driven by skyrocketing worker pension costs that are expected to force districts to divert billions of dollars from classrooms into retirement accounts, education officials said. 

The depth of the funding gap became clear to district leaders when they returned from the holiday break: What they contribute to the California Public Employees’ Retirement System, known as CalPERS, will likely double within six years, 

according to state estimates.CalPERS, a public pension fund with $300 billion in assets that is the country’s largest, manages retirement benefits for 1.8 million current and former city, state and school district employees, though it does not cover teachers, who fall under a different pension system. 

School district officials say that unless the situation changes, they will have to make cuts elsewhere, possibly leading to larger class sizes, stagnant worker pay, fewer counselors and librarians, and less art and music in schools. Insolvency and state takeover are not out of the question for some districts.

Private sector rollover risk

Bloomberg: A $90 billion wave of maturing commercial mortgages, leftover debt from the 2007 lending boom, is laying bare the weak links in the U.S. real estate market.It’s getting harder for landlords who rely on borrowed cash to find new loans to pay off the old ones, leading to forecasts for higher delinquencies. Lenders have gotten choosier about which buildings they’ll fund, concerned about overheated prices for properties from hotels to shopping malls, and record values for office buildings in cities such as New York. Rising interest rates and regulatory constraints for banks also are increasing the odds that borrowers will come up short when it’s time to refinance.“There are a lot more problem loans out there than people think,” said Ray Potter, founder of R3 Funding, a New York-based firm that arranges financing for landlords and investors. “We’re not going to see a huge crash, but there will be more losses than people are expecting.”