The Question That DID NOT Get Asked
The Market Ticker - Commentary on The Capital Markets
2016-10-09 22:30 by Karl Denninger
in Editorial , 1750 references Ignore this thread
The Question That DID NOT Get Asked*
 

You didn't see this in the debate as it failed to garner enough votes.

Oh, and by the way, despite Trump's tape not having any votes (it was too late to be included) it got what was darn close to first billing.  So much for democracy and the people's voice, which the commission claimed was going to be responsible for the order of questions and which questions got included at all.

You see, according to the media and Hillary Clinton the most-important thing to talk about is whether someone made lewd comments 10 years in the past.  We cannot, of course, have the first question in the debate be about a 12 year old******victim that was sewed up after being violated, and yet Hillary Clinton, in defending the rapist, filed a motion in court alleging that she liked older menhad filed false allegations of sexual assault in the past and was taken to fantasies.  I've read that motion (it's available at the above link) and it was filed without presenting any objective evidence for those assertions in Hillary's bid to argue for a psych evaluation of the victim -- despite knowing that the original report of the******came about as a result of a call from the hospital where the victim was sewn up after being physically injured from being violated (to an extent sufficient to preclude her from ever being able to have children!) and the presence of forensic evidence linking her client to the offense (which she managed to argue had been compromised.)

But leaving both sides of the "ethics when it comes to women" aside -- a topic that, if given full exposure, I believe Hillary would lose badly -- there is the fact that the media utterly refuses to talk about the issues that are actually before this nation and this goes all the way back to 2008 and the financial crisis!

In point of fact I believe a clean case can be made that my question is the top issue when it comes to both the economy and health care in this election, simply on the arithmetic.

As I pointed out in my post on the budget deficit we ran a $1.4 trillion dollar deficit last fiscal year.  In a few days I will have the MTS and be able to break it down, but I already know what it's going to show me -- continued outrageous acceleration in spending on both Medicare and Medicaid, putting the lie to any claim that the spending acceleration is all about "people getting older."

No, it's not, and no, whether a candidate made lewd comments (even if there were lots of them) is immaterial to the inevitable outcome if we do not address this issue in the here and now.

The most-important issue in this campaign and in fact in our nation today is people getting screwed blind by the medical industry.  It will shortly, if not stopped, become not just about the millions of Americans who are bankrupted by this outrage but will expand to include the destruction of our government's funding model, the economy, the markets, and our way of life that will happen, with mathematical certainty, in the next few years -- almost certainly during the next President's first term.

There is exactly one way to stop it, and that is to start prosecuting and thus break up all of the price-fixing and monopoly practice in said industry, which will cause medical costs to fall through the floor -- a reduction of as much as 80% or even more.

If we do not do this, and do it today, the rest literally does not matter.  We cannot sustain $1.4 trillion deficits in a time of alleged economic expansion for long.  The markets will not allow it and the screwing you take as an individual in your cost of living will not bear it.

We either stop this, here and now, or we lose our nation.

Period.

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