The Market Ticker
Commentary on The Capital Markets- Category [Politics]

If so then I challenge you to take on the medical monopoly system.

You can read here if you wish or I'd be happy to brief you, including the facts and figures.

Fact is that if you do take this on, and win (and then execute on what you say) our Federal, State and Local budget problems will all be solved without having to raise a single tax.

In fact, you'll be able to cut taxes -- by a lot.

What say you, The Donald?

PS: There are dozens of additional articles that have rolled off the timeline, but are still in the archives.  You're welcome to access them all on request -- have your office contact mine smiley

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I hate when that happens.

The man arrested in connection with the seemingly random killing of a woman who was out for a stroll with her father along the San Francisco waterfront is an illegal immigrant who previously had been deported five times, federal immigration officials say. 

Further, immigration officials say San Francisco had him in their custody earlier this year but failed to notify Immigration and Customs Enforcement when he was released. 

But they just want to come here for a "better life", right?

Yeah, and to commit murder, it would appear.

Further, our "catch and release" system, along with a refusal to put a stop to the invasion routinely leads to this sort of result.

On Friday, ICE revealed their records indicate the individual has been previously deported five times, most recently in 2009, and is from Mexico. 

"His criminal history includes seven prior felony convictions, four involving narcotics charges," ICE said in a statement. 

Oh, so Trump was right about him twice -- not only is he apparently a murderer but he's a convicted felon and drug dealer.

San Francisco, by the way, was the jurisdiction that let him go the last time.

Their so-called "justice department", mayor and chief of police all need to be indicted as accessories before the fact to murder.

Trump is right, and since we now have proof in the contemporary time I call for a boycott of every firm and organization that is ditching him as a result of his comments.

The list includes but is not limited to NBC, Macy's and Serta.

To all three, I say: You're fired!

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Ah...... yeah.

Top White House aides emailed Hillary Clinton on at least one of several private email accounts during her first year in office, suggesting President Obama's staff knew about the secretary's controversial email arrangement as early as 2009.

Clinton's chief of staff, Cheryl Mills, passed Clinton's private email address to David Axelrod, then a senior Obama adviser, in June 2009.

Weeks later, Axelrod sent a note of sympathy to the secretary after learning she had fallen and hurt herself.

Mills ensured Clinton was comfortable sharing her private email address again in September 2009 before giving it to Rahm Emmanuel, Obama's chief of staff.

Remember, the AP was told in March that the White House had no idea Clinton was using her own email server while in office.

That never passed the laugh test (really, nobody ever sent Clinton an email on an address that wasn't ".gov"?) but now we have documentary proof that this claim was a lie.

Where are the articles of impeachment?

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The stupid, it burns!

Louisiana Gov. and presidential candidate Bobby Jindal (R) believes that the US is headed down the path to a Greek-style financial disaster.

“Greece will happen here if we do not change course. Anyone who disagrees with this is a ‘math denier,'" Jindal said in a statement on Monday.

...

But though Romney and now Jindal appear to be making a point about excessive government spending and debt, the comparison is flawed.

That's because US debt and Greek debt are nothing alike.

Greece owes money to its creditors in a currency that it does not control. The International Monetary Fund, the European Commission, and the European Central Bank have bailed out Greece several times and set the terms for how Greece pays back its debt. Greece has no way to pay back its debt other than to accept austerity measures imposed by these three groups.

In contrast, the US is has a currency it controls and risks no debt default. And its debt is denominated in dollars.

And?

Oh, so you say....

As The Atlantic notes, if a debt situation got particularly bad in the US, America could technically print its own money to pay back its debt, since it owes money in a currency that it controls.

Actually, it can't.

The Treasury has to issue bonds, which someone has to buy.  It cannot issue currency (ok, technically it can -- $50 billion in coins); that was part of The Federal Reserve Act.

The Fed, for its part, can only issue currency in exchange for collateral of equal value -- in this case bonds.

But note that bonds have to be repaid with interest.

Further, Treasury has to sell them to someone, whether it be The Fed or someone else. While you can assume The Fed would "print" as many dollars as the Treasury wishes to issue bonds to cover, this is a presumption and not under Treasury's control.

Second, any such act inherently destroys an exactly equal amount of existing value in the economy.  This, incidentally, is why GDP has sucked so badly since the end of the recession was formally recognized in 2009 -- the government has been spending so much in deficit that all of the "so-called growth" has been absorbed, except for a bit, in this destruction of purchasing power.

So yes, Jindal is right and those who argue with him are in fact math deniers.

Oh, that would include Mylas and Business Insider, if you're keeping track.

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Oh oh.....

Secretary of State Hillary Clinton used her personal email account to handle high level negotiations in 2011 for a no-fly zone to help topple Libyan dictator Muammar Qaddafi, according to a series of emails obtained by Fox News, challenging her claim the private server did not hold classified information.

The emails conflict with Clinton's statement that she did not put national security at risk by using a personal account. 

"I did not email any classified material to anyone on my email. There is no classified material,"  Clinton, now a candidate for president, told reporters in March. "I'm certainly well-aware of the classification requirements and did not send classified material."

Oh, so high level negotiations on attempting to topple a foreign government leader wouldn't be considered classified?

smiley

Pull the other one Hillary..... and let's see what was in all those emails you allegedly "deleted"!

PS: Any wagers on whether the Chinese stole it all as well?

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