Well, it is Thanksgiving (at least, in the USofA), so there should be something to be thankful for. One would think so? Here's some musings on The Donald's announced appointments.
Atty. General, Jeff Sessions: will bring white supremacy to a head, by actually implementing voter suppression, as he did while Alabama AG.
HUD, Ben Carson: will implement a voucher-only housing support program, which will enable slum lords across this great land to be even richer;…
Added by Robert Young on November 24, 2016 at 9:30am — No Comments
Those following Mr. Market have seen the argument about whether twitter's worth its share price, who might buy it, and how soon it goes the way of My Space. It occurs to me that The Donald's use of twitter as his propaganda vehicle will be its salvation. Technology to the rescue. I guess.
As chronicled here for some time, well, once more. The divide here in the USofA has been urban/rural from the time of the Constitution's construction. It's only in the last few decades, from when Nixon instituted the Southern Strategy, the divide became Red State, Blue State. But that just confuses the issue. As mentioned here before, there are few, if any, homogeneous Red states; even Red states have Blue cities.…Continue
Andy Grove, of Intel fame, is famous for "Only the Paranoid Survive", both epithet and book. While a reasonable adage in the micro world of corporations and sectors (not that corporates engage in oligopoly as a matter of course, of course), it's a bad foundation for heads of state. With Putin and his puppet The Donald leading the Western world in thin skinned whininess, we're in for a spiral into totalitarianism. The Donald tweets (will he still be spending his Presidential overnights all…Continue
Quants, whether finance, bio, or econ consider themselves amoral in their approach. Just crunch the numbers.
After Adam Smith, Wilfredo Pareto is likely the "quant" most likely familiar to those interested in econ. Well, more theory than stat, but still. He defined a sort of optimal equilibrium, in the macro sense. In sum, the optimal allocation has been reached when further shifting of resources amongst participants yields…Continue
In 1964 Goldwater, or as he was known to his followers AuH2O, ran as the President of not governing. He lost. Reagan ran the same way, but won. Neither, at least once the job's purpose became manifest, shirked their duty. Much of what they did was to turn governance to lining the pockets of the wealthy, but at least they governed.
Make no mistake, what you see going on with Trump is a purposeful effort to destroy governance. I see the various pundits, the not Breibart wing,…Continue
Leave it to the Brits to figure out the US. For some months, these endeavors have argued that the Red/Blue dichotomy is actually false. The issue is urban/rural, and always has been. Except for the most empty of the Empty States™, blue cities abound. It's just that what have been characterized as Red states were, for a couple of hundred years, devoid of cities. Not so much anymore. Only if the Trump…Continue
That didn't take long.
Was it just yesterday that Hillary and Barack told us to give King Donald of Orange a chance to lead?
Well, the protests have already started. Reporting has it that EPA admin candidates are climate deniers.
His lead bullet point is abortion ban.
Lead? I predict, on the economic front, that he'll (by intent or stupidity) Volckerize the economy because
1 - he and his buddies…
The electoral college is a constitutional relic of a fundamentally different nation, one with 13 states and a potential electorate of 2.5 million citizens, slashed dramatically by restrictions that limited the franchise to white, land-owning Protestant men.
-- The Guardian
Just the sort of electorate the reactionary rural rubes who gave us Trump have wet…Continue
Well, now we know the unvarnished truth: middle America, God's country, is unrepentantly white supremacist. While they live fat and happy on their $14 billion (and climbing) farm subsidies. And, I suppose, King Donald of Orange will bray about his "mandate", denying the simple fact he got fewer votes than Clinton. The wonders of gerrymandering and the Electoral College.…Continue
"Business Insider" is, as one might expect, a capitalist's organ. So you should read up its paranoid ravings on the result of anointing King Donald of Orange.
Trump's proposed tax cuts for the rich will not stimulate growth, just as the Bush tax cuts did not stimulate growth (because taxes on the wealthy are not actually stifling growth -- what is stifling growth is the lack of…
These endeavors exist in a number of versions on multiple platforms.
One version has the following sub-title:
It's the Distribution, Stupid
That version also has some relevant quotes, among which is this:
As mass production has to be accompanied by mass consumption; mass consumption, in turn, implies a distribution of wealth -- not of existing wealth, but of wealth as it is currently produced -- to provide men with buying…
A couple of interesting pieces in today's news on the data front. Some may recall the Triage piece from the early days of these endeavors. The point being to parse factors driving voter motivation to mete out cash in the most effective way. There's been more reporting during this election on "algorithmic modeling" in campaign management. You read it here half a decade ago.
Added by Robert Young on November 3, 2016 at 10:08am — No Comments
Major European indices trade in negative territory amid widespread risk aversion associated with Tuesday's presidential election in the United States.
-- briefing.com/2 November 2016 @7:24am
Not that King Donald of Orange cares what anyone thinks, so long as he gets his unearned tax breaks.
Added by Robert Young on November 2, 2016 at 9:45am — No Comments
It will be discovered, some months from now, that the Abedin email dump on the Weiner machine were planted by rogue (or so it will be claimed at the time) FBI agents using the copies made from the private server. These will be the self same agents who demanded further action against Clinton during the initial private server inquiry. Unrequited, they set out to elect Trump.
[update] Well, that didn't take long:…Continue