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I just got a spam email from his campaign begging for money.... on the last day of the quarter.

Watch this one carefully folks.

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2015-09-29 17:00 by Karl Denninger
in Politics , 378 references

Is it credible?

Too few Americans are working, too many jobs have been shipped overseas, and too many middle class families cannot make ends meet. This tax plan directly meets these challenges with four simple goals:

Tax relief for middle class Americans: In order to achieve the American dream, let people keep more money in their pockets and increase after-tax wages.

Simplify the tax code to reduce the headaches Americans face in preparing their taxes and let everyone keep more of their money.

Grow the American economy by discouraging corporate inversions, adding a huge number of new jobs, and making America globally competitive again.

Doesn’t add to our debt and deficit, which are already too large.

The plan sounds good.  But I am skeptical that the claimed revenue is there to evade a large growth in the deficit.

How would that change?  

If Trump was to do all of the following then his tax plan can and would work:

1. Dismantle the medical monopolies.  That would immediately remove more than $500 billion from the federal budget immediately and permanently on a yearly basis.  I've already gone over the math on this repeatedly.

2. Stop the offshoring.  That, and the corporate tax rate changes in this proposal, would result in the United States being a manufacturing and corporate haven.  The resulting increase in tax revenues would be substantial. 

3. Stop all giveaways to illegal immigrants, and prosecute everyone who employs them.  At the federal level the impact on this would be reasonably modest (tens of billions) but at the state and local level it would be huge, particularly in the funding of schools which would see huge decreases as the ESL and similar programs, along with many of the "freebie lunch" and similar giveaways, would disappear.  This in turn would greatly encourage more businesses to open as total tax burdens would fall dramatically.  If you own a home or business you know how this works -- the largest line item on your property tax bill is for schools.

Note that Trump has already said he is going to do #3 and put forward a detailed plan to do it.  He has said he'll do #2, but hasn't offered details as of yet.  #1 remains unaddressed and yet it is the largest component of the problem.

So for now I say the jury remains out, and yet until we know whether Trump is intending to, and will, dismantle the medical monopoly games (not just "allow a cross-border insurance marketplace) I cannot fairly evaluate whether his plan pencils out or not.

If that first point appears, however, then not only is this plan a big win for Americans on a tax basis it resolves our medical system and forward obligations in the form of medical entitlements at the same time.

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2015-09-29 15:24 by Karl Denninger
in Politics , 197 references

Whispers in the grapevine are that Cruz is well short of his fundraising goals for the quarter, and tomorrow's the last day before the quarter closes (and the figures "are what they are") when it comes to FEC reports.

Buh-bye Teddy?

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I'm beginning to think this is exactly what she is -- a sacrificial candidate.

Either that or she's just too damn stupid to be on the stage.  Either is certainly possible, given her record in the business world with both Lucent and HP.

Slate, not normally a site I read, pretty-much nails her to a tree with this piece:

For reasons I can’t even explain to myself, Carly Fiorina’s big fib at the GOP debate last week truly surprised me. Fiorina claimed a video of a Planned Parenthood clinic showed this: “Watch a fully formed fetus on the table, its heart beating, its legs kicking while someone says, ‘We have to keep it alive to harvest its brain.’ ”

The problem of course is that the videos didn't show that.  A Super-PAC that advocates for her put out a video shortly thereafter but it was hacked together from multiple sources and was not the CMP source tape that many people might have assumed.  That was obvious on first inspection and a few people pointed that out.

It got no traction and the mainstream "we lie by omission" media did not seize on and run with it.

Now I don't happen to subscribe to the doomsday nonsense that the left puts out on Planned Parenthood.  Among other things I have a daughter (now a legal adult) who has had exactly zero trouble getting any sort of birth control she wants from the local county health department.  There's clearly no issue with availability of birth control that I can see.  What you can't get at the county health department, however, is one particular "birth control" method: an abortion.

Hmmmm.... is it really that simple -- that cross-subsidy games are what's at issue and without them this entire edifice collapses down around the left's heads?


Can I prove it?  No, but I don't need to.  I simply need to observe that I see no reason on God's Green Earth for people to have a hissy fit about being unable to get routine pregnancy preventing drugs and devices (e.g. birth control pills, Depo shots and other prescription-related things of this sort) at very low or zero cost without Planned Parenthood being around.

Might this not have been true 5, 10, 20, 30 years ago?  Maybe.  I certainly didn't give a damn personally about whether you could get female birth control for "free" 10 years ago; I happen to be of the wrong gender and I wasn't poor, so there's two reasons it didn't matter to me, and as a guy I always bought my own birth control in the drugstore -- it's called a condom and men have always been expected to fork up a buck or so per busted nut.  But I can tell you that there's utterly no problem obtaining these services today for any woman in this state (Florida), and we're often seen as one of those redneck hillbilly places.

And incidentally, lest you think we're an anomaly in Florida, you'll be pleased (or perhaps infuriated that I already shot your straw man to pieces and then burned the remains) to know that we're not. Both Alabama, which is widely regarded as one of the biggest bible-banging states there is and Mississippi, another widely-regarded hard-right, bible-banging state, offer the same sort of services at their county health departments.

Oh, and by the way I found that with a quick web search; why do I think it's true basically everywhere in the US?

Never mind Obamacare, which is now the law, right?  If everyone has health "insurance" that must cover contraception (one of the "selling points" of the law) or is on Medicaid, which also offers such services, what's the problem even in the absence of county health departments that all seem to be providing these services too!

Did Carly rip off a whopper in the debate?  It looks like it.

Will it sink her? It should, if it was a knowing lie.

But let's leave that aside for a minute and ask exactly what so-called "essential services" Planned Parenthood provides to any woman these days that cannot be obtained at a County Health department at low or, if you're low-income, zero cost.

If you boil it all down and have an honest debate on this matter there's only one such service, isn't there.

And yeah, you know which service that is....

Cut the crap Slate -- along with the rest of the screaming, loony, forceps-wielding and wallet-robbing left.

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2015-09-25 10:14 by Karl Denninger
in Politics , 840 references

Good riddance you crybaby lying cuckservative.  May the door leave an imprint on your ass on your way out.

To the rest of the Republicans: Don't do that again, or else you will be abandoned.

Here is our list of demands, as Conservatives:

The Constitution means what it says; particularly the Second Amendment.  I need no damn permit to exercise a fundamental right and you had better stand up for that and make it so throughout the United States.  I'm tired of you telling me I need a "permit" to have a fighting chance against some jacked-up thug.  God allegedly made all men and women equal (so says our Constitution) but Samuel Colt equalized the odds between a 100lb woman and a 250lb thug and we expect so-called Conservatives to uphold and enforce our right to defend our own lives without having to ask permission from big-brother Government first.

No more deficit spending.  Period.  We're tired of having saved value stolen every single day by your hand, adding up to over a trillion dollars a year.  Hand-in-hand this means The Federal Reserve's Mandate shall be enforced by Congress -- zero inflation.  The shenanigans in both regards end now or your party ends now.  Choose.

No more medical monopolies.  We have a body of good and just law -- the Sherman, Clayton and Robinson-Patman Acts that bear on this, along with consumer protection laws in the 50 states.  We also have basic liberty interests -- that which I own I have a right to do with as I wish.  We need no more than that to put a stop to the outright frauds and scams in this so-called "industry" and if that happens the federal budget deficit disappears overnight.  So does any "need" for Obamacare.  Do it now or your party ends now.  Choose.

We'll start there but there will be more, specifically on your "open border" crap, your so-called "free trade" crap and more -- once the entirety of the above list is complete.

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