The Market Ticker
Commentary on The Capital Markets
Logging in or registering will improve your experience here
Main Navigation
MUST-READ Selection(s):
Don't Do It Lennar -- Talk To Me Instead

Display list of topics

Sarah's Resources You Should See
Sarah's Blog Buy Sarah's Pictures
Full-Text Search & Archives
Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.


The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Considering sending spam? Read this first.

2018-05-23 13:00 by Karl Denninger
in POTD , 56 references


Email now to hang this original piece on your wall!

View this entry with comments (opens new window)

2018-05-23 12:59 by Karl Denninger
in Technology , 62 references
[Comments enabled]  

Might want to read this Ticker again....

As of now this problem is, generally-speaking, solved.

Your IP camera does not need to be visible from the outside.  At all.

You also never need to store its password anywhere outside -- not even on your phone.

The HomeDaemon app also never stores the password to either the camera or the HomeDaemon controller; it authenticates using a key that it maintains while running (and can be set to run in the background), and the controller, on demand, negotiates with the camera, gets the unencrypted stream, encrypts it using SSL and a private-CA secured certificate (that is essentially unbreakable), and displays it.

There remain some issues with bandwidth consumption and for that reason I'm not currently using the highest resolution stream capacity available (especially on the 2k+ cameras!) but I have managed to get the latency down to roughly 1 second, which isn't bad at all.

All this on a Pi2, which has about a quarter of the power of the newer Pi3 series.

Encapsulating with the higher resolution and lower bandwidth consumption options is being worked on, as is the ability to move the camera both to presets and arbitrarily, along with setting the camera's presets.  Those latter capabilities are, since I have the camera interface worked out, simply a matter of adding the buttons to the screen.

Are you in the business of providing home automation solutions or selling houses with so-called "smart" features?  This is the one you want.

You can not only control and monitor everything in your house with real time notifications, zero cloud storage or use (therefore nothing to steal!) but the system also integrates fully with any of the Amcrest camera family.

Look to the right for contact info; it's available right here, right now.  Buy it all and make a fortune.

View this entry with comments (opens new window)

2018-05-23 07:00 by Karl Denninger
in Editorial , 201 references
[Comments enabled]  

Gee, fraud isn't a business model eh?  It sure is a public union model.

Here's how the math breaks down. Thompson, like all firefighters in Los Angeles, works 2,912 hours every year. With a base salary of $92,000, that comes to an hourly rate of $31.60. That means Thompson would earn overtime pay at a rate of $47.40 per hour—that's one and a half times the base rate. But earning $302,000 at a rate of $47.40 per hour would require working more than 6,370 hours. Add that to the 2,912 hours he worked as a salaried employee, and you get more than 9,280 hours worked, despite the fact that there are only 8,760 hours in a year.

So he not only worked more hours than there are, he didn't sleep either.


Pull the other one.

Where are the damned handcuffs?

We can love our firefighters, but these deals are destroying localities.

That's not a "deal", it's fraud.

And I don't love fraudsters -- I want to see them all locked up -- or hung by the neck until dead, in their skivvies, with all of their "fortune" confiscated and returned to those from whom they stole.

I don't give a crap if they're firefighters or cops -- run a scam like this, die broke hanging from a rope.

View this entry with comments (opens new window)

2018-05-22 12:19 by Karl Denninger
in POTD , 68 references


Ok, ok, maybe the lava isn't quite this dramatic.


Email today to hang this on your wall tomorrow!

View this entry with comments (opens new window)

2018-05-22 09:58 by Karl Denninger
in Editorial , 242 references
[Comments enabled]  


At least one additional government "informant" attempted to infiltrate the Trump campaign under President Barack Obama, former Trump campaign aide Michael Caputo revealed exclusively on Fox News' "The Ingraham Angle" Monday night.

"Let me tell you something that I know for a fact," Caputo told host Laura Ingraham. "This informant, this person that they tried to plant into the campaign -- and even into the administration, if you believe Axios -- he's not the only person who came at the campaign. And the FBI is not the only Obama agency who came at the campaign.

This is what you get when you allow Eric Holder to run guns to Mexican drug lords -- and he doesn't go to prison.

It's what you get when your "black Jesus" can literally ship pallets of cash to Iran -- without a bit of Congressional consultation or approval.

It's what you get when over 8 years we run a clean double in federal debt, which lifts the stock market (of course) but builds a welfare state that utterly nobody will or does take on.

And this isn't about Democrats, Republicans, Whites, Blacks, Yellows, Greens (Martians, for those who can't figure out the slur-of-the-day) or anything of the sort.

It's about Pajama Boys and Girls who refuse to pick up a pitchfork and torch, get bought off for a few bucks, allow an entire industry to screw them blind (health "care") for decades and nearly quintuple its size in the "economy", along with excusing whatever felony someone wants to commit so long as they have the right political party letter next to their name.

I remember Nixon's resignation like it happened yesterday.  I was ten -- literally by a few days.  I also remember the election campaign prior to it.  Nixon, Nixon is our man.  Throw McGovern in the garbage can! was the rallying cry on the grade school playground just a few months before and grade-school age kids who weren't "on board", and this was in a decidedly blue, union state even then were subjected to assaults on said playground that would be considered felonies if committed by adults.  And by the way, the number of suspensions or expulsions for such felony assaults, say much less teacher intervention to stop it?  Zero.  So cut the crap about our political system having gotten "more poisonous" in recent years as I lived this.

Yet despite "support" that strong -- support that reached all the way down to the first four grades of school Nixon's political support and ability to survive as President went to zero within months.

So where's your pitchfork folks?  Your torch?  I'm stunned at all the Pajama Boys and Girls who shake their fists about "gun control" and which bathroom you can use while outright Nazi and Stalinist tactics are ignored instead of resulting in an immediate political revolt -- at minimum.

The Constitution is toilet paper if you will not protect and defend it by whatever means are necessary and there's no reason for any politician to give a damn if you don't and won't force them to do so.

And don't run this "MAGA" horse**** either; Trump could fire every one of them and refuse to have anything to do with Congress, vetoing every single thing they send to his desk until this crap stops.

He has not and reason why is simple: He just wants control of it so he can use it himself!

View this entry with comments (opens new window)