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Well then I hope you don't like your privacy.... because with said systems will come the destruction of choice -- at least unless you'd like to pay a big fat penalty rate.

The head of the Techniker Krankenkasse (TK), Jens Baas, now in the "Sueddeutsche Zeitung" daring to push to want to use the information more in future. In an interview, he suggests that data should be collected in the future of fitness trackers in the planned electronic patient records, managed by the POS.

That's translated (the original is in German) -- the gist of it is that the insurance industry wants access to your fitness data as recorded by things like Fitbits and sports watches.

Uh huh.

So here's the problem -- the law "should" forbid this, but it won't.  What will wind up being implemented is that in order to get decent pricing, you will have to "volunteer" to let them have the data -- all the time.

Refusal is of course your right, but then you'll get to pay a penalty rate, and what's even better with socialized medicine (or Obamacare for that matter) there is no option to erect the middle finger when that happens.

Those of you who keep voting for these clowns here in America on the left -- you might want to consider that most of you are overweight or obese, nearly all have metabolic damage to your endocrine system as a result of eating lots of starches and grains, and this means that you're literally voting to be taxed to death for so-called "health insurance."

Stupid is as stupid does.

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It just takes time for an ******* to out himself.  You can suspect, but given enough time and an open microphone, someone who holds racist views will eventually do him or herself in -- all you have to do is wait.

According to The Aspen Times, Bloomberg addressed a variety of topics, and after commenting on poverty and education, he discussed guns. The Times reported that he said, “Cities need to get guns out of [the] … hands” of persons who are “male, minority, and between the ages of 15 and 25.”

So you don't have Constitutional Rights if you're male and minority.  In other words, in the context of New York and most other cities, black and latino.

Got it folks?

There's your ugly white bastard telling you straight-up, out of his own mouth, he's a racist prick.

The truth is that if you're consigned to live in a high-crime area due to poverty -- or any other reason -- the Second Amendment's existence suddenly becomes critical to your life and safety, because only through the personal possession of arms are the odds against thugs evened.

PS: You forgot your white sheet with the cut-out eyeholes, Mr. Mayor....

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2016-02-08 19:11 by Karl Denninger
in Editorial , 1134 references
 

There's a clean question on the table regarding dual citizenship for persons born in Canada prior to 1977 (when they changed their law to officially recognize dual nationality.)

Prior to that date, with few exceptions, you could not hold dual nationality with Canada.  In other words the very act of "renouncing" Canadian Citizenship means that Cruz never held US citizenship at birth because his parents had to declare his nationality at the time he was born.

There may be exceptions that were available at the time but the law now is immaterial.

The only material fact is what the law was then, in 1970, in Canada when Cruz was born.

If his parents declared US for him then he had nothing to renounce and he has a document called a Consular Report of Birth Abroad.

This is the legal equivalent of a US Birth Certificate and Cruz either has one from the time of his birth or he does not.  If he does not then he is not a US Citizen as he was never naturalized by his own admission and at birth the nation in which he was born did not recognize dual nationality.

Where is that document Cruz?  Your mother's birth certificate is immaterial.  What matters is whether you were declared a Canadian or US Citizen at birth and what documentation you have to prove it.

You see, in 1970 there was no "and" option.

Cruz either has that Consular Report of Birth Abroad, which is his legal proof of US Citizenship just as my Birth Certificate is mine, or he doesn't and he's not a citizen at all as his parents declared his citizenship as Canadian and the land he were born in prohibited dual nationality at the time.

If he doesn't have that document, of course, there's a little problem with the office Senator Cruz holds now, say much less his running for President.

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And so it begins today.

Chesapeake Energy, one of Cramer's former darlings if you remember, had been down some 30% last month.

Today it lost nearly half its tiny remaining value on reports of restructuring.  You see, this company, like so many others, took on a bunch of debt over the last few years -- and unfortunately has a $500 million note due soon.

Oh, did I mention that while they supposedly have the money it would cripple them to pay it out considering that their levered free cash flow is negative $2.52 billion and their total debt is more than five times their cash?

Oops.

Of course you ought to buy companies like Amazon and Facebook because they don't have said debt load and a looming coupon payment, but they do have P/Es that remain, even after their recent selloffs, in the stratosphere.

There's really nothing like losing a third of your money in a month, then another 40% in a morning, and, to top it off, you can then rotate what's left of your formerly-large pile of cash into tech stocks at 1,000 times earnings and lose 90% of the remainder.

For anyone who has forgotten the "sell side" folks (including Cramer) are experts at leading you into this sort of self-destruction; go back and read this piece if you need to and figure out how much of your money you'd have left if you went into those names at that time, and how fast the destruction came.  Pay very careful attention to the date of that missive.....

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Come and get it!  Today's segments include three talking about the markets and job report.

http://stocksandjocks.net/show-archives/big-shorts/#.VripEXfJiLk.twitter

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