Marco Rubio entertains infringing the Second Amendment

How about the First Amendment, Marco? Or the Sixteenth? or the Fourteenth? You skull full of mush.

Here:

"If we are going to infringe on the Second Amendment, it has to be a policy that will work," Rubio said in an interview Thursday with AP.

Ironman estimates stock repurchases by corporate America of $628 billion in 2018 due to tax cuts

Here:

What we find is that 2018's projected total of $628 billion in buybacks will break the previous record of roughly $589 billion worth of stock repurchases that was set by U.S. corporations in 2007, which would work out to be about a 7% increase over that previous record.

Time will tell if share repurchases were the right thing for the companies that are choosing this action to have done with the benefits they received from U.S. corporate income tax reform.

Surprise, the tax cuts are showing up in, not your wallet, but enormous stock buy-backs by large corporations, which explains the rising stock market

In other words, so-called sideline cash coming into the market is really nothing more than taxcut cash reallocated to stock buy-backs by corporate America.

Marketwatch reports here:

But now, courtesy of Goldman Sachs, we know where the tax cut is really going. Surprise! It’s paying for stock repurchases by corporations, as Corporate America despairs of investing in much other than dividing the pie provided by near-record profitability into fewer and larger pieces.

Buyback announcements are up 22% this year to $67 billion in just six weeks, Goldman said in a note to clients. This follows a report by benefits consulting firm Aon Hewitt finding that 83% of large companies don’t expect the tax cut to boost salaries at all — just help pay for small bonuses companies like WalMart and AT&T gave workers, which reporters soon discovered were, themselves, skewed toward higher-paid, longer-tenured employees in many cases.

Maybe the obvious just isn't obvious in the South

You know, like slavery being wrong: Durham County North Carolina District Attorney drops all charges against Confederate monument vandals, even though there's lots of film.

On the other hand, they must call it North Carolina for a reason.

Laugh of the Day: Michael Moore, useful idiot of Russia-instigated "Not My President" rally 11/12/16

Along with about 25,000 other dimwitted New Yorkers.

"Michael Moore participated in anti-Trump rally allegedly organized by Russians"

Just words: A total joke endorses a total joke

Mitt Romney, running for Senate from a shit-hole Utah, accepts endorsement of President Trump.

Story here.

Today's installment in unserious America: A movie is a defining moment for Black America

"Why ‘Black Panther’ Is a Defining Moment for Black America"

Might as well be talking about Bill Cosby in "I, Spy", or Oprah beating Donahue, or Roots.

What vaporous, ignorant and meaningless lives we live that we elevate the fantasy du jour on a pedestal of meaning, and imagine we find it there.

Antietam September 1862 was a defining moment for black America. All other moments, especially this one, pale in significance.

Indictment of 13 Russians says interference efforts began in 2014, long before Trump was a candidate

Jonathan Turley, here:

Now, the special counsel and the deputy attorney general are saying that there is no evidence of knowing interaction of campaign staff with Russians interfering with the election. The paucity of such evidence follows a year of intensive investigation and the much heralded plea bargains with former National Security Adviser Michael Flynn and campaign adviser George Papadopoulos and the expected plea with former campaign official Rick Gates. There is still no evidence of anyone “wittingly” or knowingly colluding with these Russians. Moreover, the indictment says that the Russian efforts began in 2014, long before the candidacy of Trump.

The scam known as Informed Electorate PAC is quite the little money maker for its operators

A commenter has provided the website information from the State of Utah where the Informed Electorate PAC discloses its financials:

https://disclosures.utah.gov/Search/PublicSearch/FolderDetails/1414465

If you are one of the many contributors to this so-called PAC, your full name, address and contribution level are listed there.

And wow, there's an awful lot of gulls out there in America. It's a goldmine of a mailing list, free for the taking.

You'll also be fascinated to learn that for the "privilege" of paying these grifters to take your opinion, for that is what they are in my opinion, shameless grifters, they netted about $1.91 million in contributions in 2017 alone, of which about $1.79 million was expended.

On what? you ask.

Never heard of 'em, right? Most people haven't, which kind of gives the lie to their objective of informing anyone. I search in vain for itemized expenditures under "public relations". Instead I see lots of consulting fees and W-2 payrolls, evidently going to the principals.

Nearly $336,000 in 2017 went straight into the pockets of the President, Brett Payne, a board member Rob Andra, and someone named Joseph Demma, who appears to be related to Stacy Demma the Vice President (who is also the only other listed board member), and presumably the CFO Kenneth Kohfel and other unnamed employees. The reports show that the consulting fees in 2017 stopped being paid in July, and that the W-2 payroll line items start appearing once a month beginning in June.

A company named Fiercecom gets large sums regularly for data management, telephone services and fulfillment. Other regulars include Airespring, Heartland Payment Solutions and Skymail International.

One wonders if any of this PAC's principals have any personal business interests in any of the businesses which provide services back to the PAC.

Someone really ought to look into it, like 60 Minutes, or maybe the FBI.

I wonder what they'd find?

At any rate, for the umpteenth time, no legitimate polling organization asks YOU to pay to give your opinion.

The wonder of it all is that these snakes have found the ones that will pay, and that Utah has listed them all for the whole world to laugh at.

This is just one month from the disclosures, October 2017

Stock market boom? What stock market boom? It's been a bear market for return since August 2000 . . .

. . . and it could easily continue to be a bear market for return for three more years. The average length of the last three secular bears was 20 years, and we're only at 17.4 years through January 2018. Or, it could all end Monday in tears. Have a nice weekend!

As good as you think it's been, average return is underperforming the long term average of 9.13% by almost 38%.

The legacy of Mueller and Comey is yet more FBI incompetence revealed today: Tipster phone call to FBI ignored

From the story here:

PARKLAND, Fla. - Gov. Rick Scott called on the FBI director to resign Friday after the agency admitted that it failed to investigate a tip in January about the Parkland school shooting suspect. ...

The FBI confirmed Friday that a tipster who was close to Cruz called the FBI on Jan. 5 and provided information about Cruz's guns, desire to kill people, erratic behavior and disturbing social media posts.

The FBI said the caller expressed concerns Cruz could attack a school.

Laugh of the Day, 2.0: Terrible day at Cape Canaveral

Laugh of the Day: Map of countries with cars in space (Elon Musk, eat your heart out)

We have met the enemy and it's corporate America, for supporting amnesty

Farcebook, IBM you bm we all bm, Microsoft, Marriott and NAM, the National Association of Manufacturers.

Gee, US manufacturers want the cheap foreign labor just as much as the hotels. What was that again about bringing the manufacturing jobs back to America, Mr. President?

Corporate America ADMITS they hire illegals instead of you, here:

Ending protected status for DACA recipients would push them out of the legal workforce – costing companies as much as $1.8 million a day in restaffing, according to the think tank New American Economy. America's corporate titans have cited the potential damage to the nation's labor force in urging Congress to find a solution for those workers before the program officially winds down March 5.

More FBI incompetence: "Unable to further identify the person who made the comment 'I'm going to be a professional school shooter'"

According to the story here.

These malcontents can get a FISA warrant on the basis of Democrat opposition research to surveil Trump, but somehow can't get to the bottom of whose YouTube account was used to post what appears to be the Florida shooter's threat.

Reminds me of James Comey, the former head of the FBI, testifying about the San Bernardino shooting that he did not know how guns are purchased on the internet (they are not).

As I recall, Google can be compelled by a court order, but the FBI was obviously keeping the court busy with something "more important".

I don't remember ever seeing this during the Obama administration

The president doesn't need any stinkin' reason to revoke any Executive Order, legal or otherwise

The judges in this country need a good ass whoopin'.

If Trump has any balls he'll ignore this.

The story, "Court orders full restoration of DACA program", here.

Obamas' gay artist Kehinde Wiley uses four to ten assistants in Beijing to produce art cheaper, admits some of his paintings are complete frauds

Kinda like the former president himself, wouldn't you say?

Here:

The spectacle is always carefully staged, particularly with “the boys,” which can sell for more than $100,000. “There are certain ground rules,” says Wiley. Eight to ten paintings per show. Men, usually. Street casting: Wiley goes out with a team to recruit young men as models. Back in the studio, they leaf through art-history books, and the subject gets to decide which old-style work he wants to be portrayed as. He poses for photos, and the photos become templates for full-size paintings, which Wiley produces with his assistants in New York, Dakar, and Beijing.

Or not. In many cases, Wiley acknowledges, none of that official process—the street casting, the selection of poses from art books, the painting based on those ­poses—happens at all. “The clothing, sometimes completely made up,” he says. “The models themselves, brought in from a fashion agency.” And in at least one case, the “boy” is in fact a girl. “Oftentimes, if there’s a show of ten paintings, four of them will be complete frauds.”

Brian Wesbury is back in the excuse-making business for future GDP

Here, complaining that the upcoming two-year Republican $300 billion discretionary spending extravaganza will crowd out the private sector.

Really?

Republicans were quite content under Obama to permit deficits of $7,313 billion over eight years, and Wesbury chirped the whole time about his good old Ploughhorse Economy which produced, for him, passable GDP.

Republicans now are rewarding their constituencies through spending, no less than Democrats did under Obama. The constituencies are different.

We'll see if the spending gets as out of control as it was formerly, but the handwringing, given the disparities, is misplaced. 

The debt bomb rearmed