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Tag Archives: Hot Topics

The President of the United States is a Russian asset?

The President of the United States is a Russian asset? That the President of the United States is a Russian asset needs to be openly acknowledged. He may be a naive, negligent or unwitting asset, a coerced asset, or a willing and enthusiastic asset, or some combination thereof, but at this point there is no getting around that he is a Russian asset. My readers who have followed me from progressive blogs presumably have no trouble accepting this.  But I...

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Accidentally Booked on Fox News

.@teambarbara's website says Congress should "abolish ICE and start fresh, building a new immigration enforcement system that is fair, just, compassionate and reflects the values of a nation of immigrants." She was accidentally booked for a Fox News interview this morning: pic.twitter.com/WFT0JDu88b — Matt Shuham (@mattshuham) July 23, 2018 Accidentally booked on Fox News as the only Democrat who supports ICE. Fox news booked the wrong candidate who...

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The Most Important Issue At Helsinki

The Most Important Issue At Helsinki No, folks, it was not the much ballyhooed issue of Russian election interference in 2016, which got so much attention because of Trump’s bungled and false statements at the press conference. Oh yes, for those of us who are convinced he is a bought out stooge of Putin, this all was very delicious, but it was far from the most important issue dealt with in Helsinki. As always, the most important issue between Russia and...

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86% of the 2018 Congressional Election Already Determined

A projection was made by Fair Vote Org as to what will happen in the 2018 Congressional Elections based upon a series of variables such as whether a candidate is an incumbent, the geographical location or rural versus city, the underlying partisan lean of a district etc. If we apply those variables to this election; the likelihood of a House takeover even with a Blue Wave of angry Democrats going to the poll will not yield us what we hope to achieve. It...

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A Bit of Trivia – Big Boy

This is mostly a C&P as taken from Justin Frantz’s article One of the World’s Largest Steam Locomotives Is About to Make a Triumphant Return It is a fun post with a tad of economics tied to it. It was not seventy years ago and may be more like sixty years ago when I took the train with my father out to Buffalo New York. I remember seeing the old steam driven locomotives in Chicago. I do not think one of them made the pull to Buffalo. It would have...

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The Banking Hustle

The Fed just let Morgan Stanley and Goldman Sachs off the hook after both failed the required stress tests under Dodd-Frank. The stress test is supposed to predict whether banks and so-called banks like Morgan Stanley and Goldman Sachs can weather a financial crisis. This is not an instance of if you remember in 2008, who could forget? Few TBTF had set aside the necessary reserves to back the tranched MBS and the more risky CDS/naked CDS. These were the...

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It is All in the Timing

In his editorial “Say Hello to Your Boy. A Special Guy,” Josh Marshall at TPM had this to say: “When I first read the Times story I wasn’t sure whether the younger Kennedy (Justin), whose title was Managing Director and Global Head of Real Estate Capital Markets, would have been someone to actually make loans to someone like Trump as opposed to overseeing more complex or synthetic efforts like mortgage backed securities and such. But it turns out he...

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Recent SCOTUS Decisions

“I have rarely seen so much inconsistency and even hypocrisy from the Supreme Court as in its decision to uphold President Trump’s travel ban.” On the Colorado SCOTUS Decision A few weeks ago, the court found that members of the Colorado Civil Rights Commission had expressed impermissible hostility to religion because of relatively mild statements that every business in Colorado should serve all customers regardless of the owner’s religion, and that...

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Just a “stab at humor”

The ACLU’s Ría Tabacco Mar reviewed a recent SCOTUS decision in the NYT. South Dakota is being allowed to murder a man rather than commit him to a life time of hell in a natural life sentence . Charles Rhines was convicted of murdering a man while robbing a Dunkin Donut store he used to work at and was fired from a couple of weeks earlier. The jury in deciding Charles Rhines fate in deliberation sent questions to the judge asking; Would Rhines have a...

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