Thursday, August 23, 2018

Paul Manafort found guilty and Michael Cohen pleads guilty on same day Ann Coulter releases Resistance is Futile

I seem to remember In Trump We Trust was released in August 2016, just as Trump started backtracking on illegal immigration in Arizona.

Do Coulter book releases make the sky fall?


Today's reasons for hating Republicans (I don't need any to hate Democrats)

1) 52% of Republicans support Medicare for all.

2) 41% of Republicans support free college tuition.

Story here.

CNBC thinks rising number of murders of whites and of farm seizures in South Africa is a fringe talking point, not news


'At the start of August, Ramaphosa announced plans by the ruling African National Congress to change the constitution to allow the expropriation of land without compensation. ...

'The notion that white farmers are persecuted in South Africa largely stems from a fringe group called AfriForum. Some far-right commentators and pundits have picked up on the idea, suggesting that there could be a "genocide" of white people in the country.' 

Separately, the Australian press puts the number of whites murdered on farms in the last 15 months at 70.

The relatively small number is not important to liberals, any more than is the murder of Mollie Tibbetts in Iowa by an illegal alien, because they claim others who put the number at 400 are exaggerating.

Yeah I know, the Holocaust wasn't 6 million, either. 

Elizabeth Tin Ear Crockagawea smoke pipe, say murder of Mollie Tibbetts by illegal alien not heap big problem

Keep it up, Lizzie.

Quoted here:

SEN. ELIZABETH WARREN (D-MA): My, I’m so sorry for the family here and I know this is hard and not only for the family but for the people in her community, the people throughout Iowa. But one of the things we have to remember is we need an immigration system that is effective, that focuses on where real problems are.

FBI soft-pedaled first Hillary e-mail probe, Loretta Lynch, James Comey and Peter Strzok out-and-out suppressed the second probe of Weiner laptop e-mails

So says a special investigation by Paul Sperry for Real Clear, here, which suggests the 30,000 missing e-mails which Hillary originally deleted are still on it:

Although the FBI’s New York office first pointed headquarters to the large new volume of evidence on Sept. 28, 2016, supervising agent Peter Strzok, who was fired on Aug. 10 for sending anti-Trump texts and other misconduct, did not try to obtain a warrant to search the huge cache of emails until Oct. 30, 2016. Violating department policy, he edited the warrant affidavit on his home email account, bypassing the FBI system for recording such government business. He also began drafting a second exoneration statement before conducting the search.

The search warrant was so limited in scope that it excluded more than half the emails New York agents considered relevant to the case. The cache of Clinton-Abedin communications dated back to 2007. But the warrant to search the laptop excluded any messages exchanged before or after Clinton’s 2009-2013 tenure as secretary of state, key early periods when Clinton initially set up her unauthorized private server and later periods when she deleted thousands of emails sought by investigators.

Far from investigating and clearing Abedin and Weiner, the FBI did not interview them, according to other FBI sources who say Comey closed the case prematurely. The machine was not authorized for classified material, and Weiner did not have classified security clearance to receive such information, which he did on at least two occasions through his Yahoo! email account – which he also used to email snapshots of his penis.

Many Clinton supporters believe Comey’s 11th hour reopening of a case that had shadowed her campaign was a form of sabotage that cost her the election. But the evidence shows Comey and his inner circle acted only after worried agents and prosecutors in New York forced their hand. At the prodding of Attorney General Lynch, they then worked to reduce and rush through, rather than carefully examine, potentially damaging new evidence. ...

[C]onducting a broader and more thorough search of the Weiner laptop may still have prosecutorial justification. Other questions linger, including whether subpoenaed evidence was destroyed or false statements were made to congressional and FBI investigators from 2014 to 2016, a time frame that is within the statute of limitations. The laptop was not searched for evidence pertaining to such crimes. Investigators instead focused their search, limited as it was, on classified information.

Stock market return in the last 18 years has been better than during the Great Depression and WWII, but not by much


Tuesday, August 21, 2018

Another beautiful American girl murdered by an illegal alien, this time in Iowa


Cristhian Bahena Rivera, 24, has been in the area for four to seven years, officials said. Charges were filed in Poweshiek County court. He is being held on a $1 million cash bond. 

Unlike most violent crimes, this kind is entirely preventable by not letting illegal aliens stay here in the first place.

Ann Coulter agrees Cohen's "crimes" aren't crimes


If you haven't been listening to Mark Levin tonight, you are probably panicking about the Michael Cohen plea for no reason

Mark Levin says the myriad talking heads out there, especially Jonathan Turley, have the Cohen plea all wrong. In fact, he says Cohen stupidly pleaded guilty to things which aren't crimes. The special prosecutor wants it to appear that there are campaign crimes involving Trump, but there are not. And because this is a plea, this isn't a finding of a court. So there is no effect, setting a new precedent. Cohen's plea comes to avoid more serious charges.

Levin even had the former head of the Federal Election Commission on to explain how there was no violation involved.

Good stuff.

Watch for the synopsis later, here.

Hooah Rand Paul: Edward Snowden is no traitor, he didn't sell secrets to anybody, he proved Clapper a liar

Quoted here in July:

"He didn't sell secrets to the Russians, he wasn't a traitor. He revealed something that revealed the highest ranking member of our intelligence community lied. I think he did it as a whistle-blower, he was reporting malfeasance," Paul said.

Paul, who previously joked about Snowden sharing a prison cell with former intelligence director James Clapper, whose inaccurate testimony Snowden exposed, doubled down after polling students, finding a similar number viewed Snowden as a traitor and a whistleblower.

"I don't see him as a traitor at all," Paul added about Snowden, saying later, "People have to decide on Snowden. My preference has become stronger and stronger that he was revealing the government was lying to us in a big way." Paul said he'd like to see a deal struck where Snowden can return from Russia without a long prison sentence.


The five-year statutes of limitations for prosecuting Clapper expired in March 2018.

Our feckless Congress let him off.

One rule for Clapper, another for Snowden, who marks his fifth year in Russian exile this summer.

Should have executed more of them when we had the chance


Inmates plan to abstain from reporting to their assigned jobs, halt commissary spending, hold peaceful sit-in protests and refuse to eat during the strike.

Al Sharpton dresses down Donald Trump, tells him to show Omarosa a little R.E.S.P.I.C.T.

Here in "Sharpton misspells 'respect' while quoting Aretha Franklin to Trump".

Who knew Omarosa was Hispanic?

Monday, August 20, 2018

The Tobin Q ratios for Germany and America tell us Elizabeth Warren and David Dayen are wrong

Louis Woodhill, here:

Put simply, a Tobin Q ratio higher than 100% means that a company is creating economic value, and a Tobin Q below 100% means that a company is destroying value.  The most fundamental social responsibility of a company is to add value to the capital it employs, so the most fundamental job responsibility of a corporate CEO is to keep the Tobin Q ratio of the company he or she leads above 100%. 

Writing for The New Republic, progressive David Dayen argues:

“There’s proven evidence that this model of corporate governance [Warren's] can work. “Co- determination,” the term for worker representation on corporate boards, has created a form of capitalism in Germany where workers are far more equitably compensated and decisions are made with an eye toward long-term goals.”

The problem with this argument is that Piketty’s data shows that, since 1995, America’s Tobin Q ratio has averaged more than 100%, while Germany’s Tobin Q ratio has averaged about 55%.  In other words, America’s evil, rapacious corporations are creating economic value, while Germany’s enlightened companies are doing the equivalent of burning 45% of the euros entrusted to them.

The superstitious George Packer of The New Yorker imagines that the 2009 stimulus which PASSED failed because Republicans put a hex on it

Proving that it isn't just George Will who suffers from the disease. As Paul Krugman pointed out at the time, the stimulus simply wasn't big enough.

It never is.

Here is Packer:

In February, 2009, with the economy losing seven hundred thousand jobs a month, Congress passed a stimulus bill—a nearly trillion-dollar package of tax cuts, aid to states, and infrastructure spending, considered essential by economists of every persuasion—with the support of just three Republican senators and not a single Republican member of the House. Rather than help save the economy that their party had done so much to wreck, Republicans, led by Senator Mitch McConnell, chose to oppose every Democratic measure, including Wall Street reform. In doing so, they would impede the recovery and let the other party take the fall. It was a brilliantly immoral strategy, and it pretty much worked.

Atheist George Will conflates economy and stock market, remains oddly superstitious about deficits

George Will forgets we've had trillion dollar deficits quite recently but without a stock market crash. 

The trillion dollar deficits recently were in:

2009 $1.41 trillion
2010 $1.29 trillion
2011 $1.29 trillion
2012 $1.08 trillion.

These deficits triggered nothing in particular except fevers among Republicans, but are associated with the misallocation of capital which produces L-shaped instead of V-shaped economic recoveries. Meanwhile that it's an L-shaped recovery is a concept which eludes George Will, eyes fixed as they are on his towering S&P 500 idol. But we do agree the economy isn't the best it's ever been as the president insists. The gap is now about $5 trillion and rising.


When He, or something, decides that today’s expansion, currently in its 111th month (approaching twice the 58-month average length of post-1945 expansions), has gone on long enough, the contraction probably will begin with the annual budget deficit exceeding $1 trillion.



China eating America's lunch for 25 years by following exactly the protectionist strategy free traders say will destroy US

Jeff Ferry here in USA Today says free traders can't explain China's success because their free trade ideology blinds them to how protectionism has made China great:

China has been eating America’s lunch for a quarter-century. And they’ve done it by following exactly the strategy that pundits and free traders now suggest will be destructive to the US economy. ... Unless Washington stands up to China now, the trajectory of the past 25 years points to a troubling, continued decline for America’s working families. And so, for those who suggest that tariffs are a mistake, they need merely look at China’s rise for an instructive rethink.

Since the 1980s the share of job seekers relocating has fallen from more than a third to ten percent now

The Wall Street Journal reports via Mish, here:

The share of job seekers relocating for new employment has fallen dramatically since the late 1980s, when more than a third moved to take new opportunities elsewhere, according to surveys from outplacement firm Challenger, Gray & Christmas Inc. In the 1990s, job-related moves ebbed and flowed between 20% and 35%, then fell below 20% after 2000. Roughly 10% of job seekers relocated for new opportunities in the first half of this year, Challenger said.

Sunday, August 19, 2018

John Brennan and his liberal sycophants make Glenn Greenwald want to puke


Your next opportunity to pick a parasite is little more than two months away

In a truly representative republic which reflected the intent of the Founders, America would have 100 senators picked by the state legislatures, not by popular vote, and at least 6,561 members of the US House (using the ratio of 1 representative per 50,000 of population intended by Article the First, not ratified; the father of our country wanted a ratio of 1:30,000 for 10,934 members of the US House in 2018). Instead we have 100 senators and 435 representatives, and 10,840 lobbyists in 2018. The corporate takeover of the Congress was a fait accompli by 1929, thanks to Republicans.

The English today are better represented than Americans with one member of parliament to about 101,000 of population, for all the good it does them. In the US the current ratio is 1:754,092. When Republicans stopped the growth of representation once and for all in 1929, the ratio stood at about 1:280,460. Using the 1929 ratio in 2018 would mean 1,170 members in the US House instead of 435.

Surely what was good enough for 1929 is good enough for 2018, no? But good luck even with that.