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  • Oh Do Come On....

    10/29/2018 5:39:59 AM PDT · by eyeamok · 33 replies
    Market Ticker ^ | 2018-10-29 | Karl Denninger
    Let's start with the probability of mailing a dozen+ envelopes containing devices and not being questioned in any way, and them getting to their destinations "as we've been sold." 1. You mail them. 2. You don't take them to the counter, because if you did you'd be busted instantly. So you drop them in a box. 3. None have sufficient postage and it's grossly insufficient. This is ignored. 4. The stamps aren't canceled, despite being protocol to do so. 5. The packages do not have a barcode routing label added to them (which is also protocol for a stamped package)...
  • An Impending Shooting Civil War

    09/27/2018 4:38:50 AM PDT · by DuncanWaring · 76 replies
    The Market Ticker ^ | 26 Sept 2018 | Karl Denninger
    It is my contention that we are just one bad event away from a shooting civil war in America -- and in fact if you ask Steve Scalise it may have already started.The political process is often fraught with severe language, money and hard-fought contests.  But in the end there are winners and losers; a person who loses by one vote still lost, while the person who wins by one vote still gets the office.  The margin is immaterial and, in the context of a Presidential Election, the popular vote doesn't matter; it is the electoral vote that counts and thus all candidates tailor...
  • We Have A Congressman Calling For Civil War

    05/06/2018 7:22:23 AM PDT · by Wolfie · 90 replies
    We Have A Congressman Calling For Civil War Let's not mince words: Eric Swalwell is advocating for Civil War. "Instead, we should ban possession of military-style semiautomatic assault weapons, we should buy back such weapons from all who choose to abide by the law, and we should criminally prosecute any who choose to defy it by keeping their weapons. The ban would not apply to law enforcement agencies or shooting clubs.".... " The Parkland teens have taught us there is no right more important than every student’s right to come home after class. The right to live is supreme over...
  • The Smoking Gun In Mass Shootings By The Young

    02/20/2018 7:09:48 AM PST · by Wolfie · 29 replies
    Market-Ticker ^ | Feb. 18, 2018 | Karl Denninger
    The Smoking Gun In Mass Shootings By The Young Still won't raise the actual issue will you? “The concept that mental illness is a precursor to violent behavior is nonsense,” said Dr. Louis Kraus, forensic psychiatry chief at Chicago’s Rush University Medical College. “The vast majority of gun violence is not attributable to mental illness.” Oh really? The article goes on to claim that ~38,000 people died from firearm violence in 2016. What is being omitted is that the majority were suicides! In fact, of those 38,000 people (37,863 for 2015 according to the CDC) 22,928 were firearm suicides in...
  • Is This The Crash?

    02/06/2018 5:12:14 AM PST · by Wolfie · 25 replies
    Market-Ticker ^ | Feb. 5, 2018 | Karl Denniger
    Is This The Crash? Almost-certainly not. First, it is extremely unlikely for a market to crash from a spike high. China is the only place where it has happened with any sort of regularity; what usually comes first is a distribution pattern. But..... with that said it isn't impossible. However, as of 2/5 the S&P is now back to the 50DMA, which it has not touched for quite some time -- it bounced, and then collapsed. Of note the 200DMA is down around 2530, which would be back to about November 2017 levels and extraordinary in terms of the current...
  • For thine is the kingdom, and the power, and the glory, for ever Amen

    01/04/2018 7:12:23 AM PST · by Jedediah · 3 replies
    The Joshua Chronicles ^ | 1-4-18 | Bible
    Posthumous awareness is yours for the taking as you enter My gates of Thanksgiving and fill My courts with praise for Truly as you enter in My likeness I arise in you ! My words become yours and your words become My knowledge for you HAVE obtained The Mind of CHRIST that "IS" The Manifold Wisdom of God Himself in an eternal manner for His Glory "as" The Kingdom of ZION above all kingdoms for this is the inheritance of The Sons and Daughters of The Living GOD "YAHWEH" 8888888 EPHESIANS 3:8-11 8Though I am less than the least of...
  • Heros and Zeros: Vegas

    10/12/2017 11:03:07 PM PDT · by JME_FAN · 53 replies
    The Market Ticker ^ | October 10, 2017 | Karl Denninger
    Time to call out a few, given that Reuters is making excuses (big shock). I'll start with the heroes. Among them was the unarmed hotel security guy who attempted to interdict the shooter but could not get through the door because the shooter had driven screws into the frame. He took a round to the leg when the shooter blindly emptied a mag through the door of the suite but he'll be ok. Next up is the ex-service member who stole a truck and used it to transport injured people out of the kill zone. If they prosecute that guy,...
  • Heroes And Zeros: Vegas

    10/11/2017 5:45:09 AM PDT · by Wolfie · 13 replies
    Market-Ticker ^ | 10/0917 | Karl Denniger
    Heroes And Zeros: Vegas Time to call out a few, given that Reuters is making excuses (big shock). I'll start with the heroes. Among them was the unarmed hotel security guy who attempted to interdict the shooter but could not get through the door because the shooter had driven screws into the frame. He took a round to the leg when the shooter blindly emptied a mag through the door of the suite but he'll be ok. Next up is the ex-service member who stole a truck and used it to transport injured people out of the kill zone. If...
  • The Graham-Cassidy Scam

    09/26/2017 11:28:59 AM PDT · by Wolfie · 9 replies
    Market-Ticker ^ | Sept. 25, 2017 | Karl Denniger
    The Graham-Cassidy Scam It appears that Graham-Cassidy, the latest "repeal and replace" load of nonsense out of the Republican Party, is doomed. The option to pass such "one party only" supported bills expires on September 30th in the Senate. That's when the reconciliation option runs out, at which point standard rules in the Senate apply -- if there is a filibuster you need 60 votes to proceed, and obviously you won't get them without at least some people crossing the aisle. Graham-Cassidy, in summary, would take Medicaid and turn it into a block grant -- in other words, a pile...
  • Where Are The Damned Handcuffs? (Equifax)

    09/09/2017 6:56:10 AM PDT · by Wolfie · 41 replies
    Market-Ticker ^ | Sept. 7, 2017
    Where Are The Damned Handcuffs? It's time to start locking people up and destroying businesses with federal criminal indictments. The Internet has made many things very easy -- and fast. But it has also made many things quite-insecure, especially when corners are cut. I can design and implement extremely secure internet-connected data facilities and services. I not only have done so they're in active use right now. Some are more-important than others, but all are important to me. Among other things my home is connected via same, never mind the work product I've developed for the last, oh, 30ish years...
  • Musings On The After-Eclipse

    08/23/2017 5:43:07 PM PDT · by DuncanWaring · 70 replies
    Market Ticker ^ | 23 August 2017 | Karl Denninger
    My daughter and I drove up to Andersen, SC for the eclipse, leaving Sunday early in the morning and hanging out there Sunday afternoon and evening.Let me first put an accolade out to the Hilton Garden Inn -- great people, and very accommodating.  We wound up having to run-n-gun at the last minute as one nasty cloud threatened to obliterate our shots of the totality, but that gamble paid big; we were able to get into the clear with time remaining, and were set up and "on-point" about 3-4 minutes before totality was achieved.The totality itself was surreal.  Photographs, no matter how...
  • The 'Hack' Narrative Collapses

    08/21/2017 4:57:38 PM PDT · by Attention Surplus Disorder · 22 replies ^ | 08/17/2017 | Karl Denninger
    This is a pretty-good read, all-in. ********************* “A speed of 22.7 megabytes is simply unobtainable, especially if we are talking about a transoceanic data transfer,” Folden said. “Based on the data we now have, what we’ve been calling a hack is impossible.” Last week Forensicator reported on a speed test he conducted more recently. It tightens the case considerably. “Transfer rates of 23 MB/s (Mega Bytes per second) are not just highly unlikely, but effectively impossible to accomplish when communicating over the Internet at any significant distance,” he wrote. “Further, local copy speeds are measured, demonstrating that 23 MB/s is...
  • To The Press, The Pols, And The Rest (Charlottesville)

    08/16/2017 5:54:12 PM PDT · by Wolfie · 8 replies
    Market-Ticker ^ | August 16, 2017 | Karl Denniger
    To The Press, The Pols, And The Rest Let me say this just one more time: That someone is a Neo-Nazi, a White Supremacist, KKK member or racist does not render them bereft of the First Amendment. Just as being a member of BLM or the Antifa does not render them bereft of the First Amendment. It is not acceptable, legal or excusable to meet speech by any such person with violence. Period. To suggest, state, or advocate that such is the case, or to promote the premise that violence is an appropriate remedy for speech you find vile and...
  • The Politics of Theft, Medical System Style

    08/14/2017 4:11:12 AM PDT · by Wolfie · 14 replies
    Market Ticker ^ | August, 14, 2017 | Karl Denninger
    The Politics of Theft, Medical System Style This column demands a response, so here you go."There is nothing more we can do here. We tried everything else, and now it's time to do the right thing (ed: Single Payer). It's the American way."Well, let's see. I count three lies in three sentences, four if you call "Single Payer" the American Way. Let's start with the first: There is nothing we can do here. Sure there is. We could start with my one sentence extortion-stopping bill.. We could then follow up with the linked bill outline from that article, which you...

    07/31/2017 9:38:30 AM PDT · by Captain Peter Blood · 14 replies
    The Market Ticker ^ | 07-31-2017 | Karl Denninger
    Read this one folks. More evidence-based options have emerged for secondary prevention. The Improved Reduction of Outcomes: Vytorin Efficacy International Trial (IMPROVE-IT)4 reported that adding ezetimibe to effective statin therapy in stable patients who experienced an acute coronary syndrome reduced low-density lipoprotein cholesterol (LDL-C) from 70 mg/dL to 54 mg/dL (to convert LDL-C from mg/dL to mmol/L, multiply by 0.0259), and reduced risk of atherosclerotic cardiovascular disease outcome at 7 years from 34.7% to 32.7%. The Further Cardiovascular Outcomes Research with PCSK9 Inhibition in Subjects with Elevated Risk (FOURIER) trial5 reported that the addition of evolocumab, a proprotein convertase subtilisin–kexin...
  • Jail Them All (Pharmaceutical Fraud)

    07/20/2017 5:44:40 AM PDT · by Wolfie · 86 replies
    Market Ticker ^ | July 20, 2017 | Karl Denninger
    Jail Them All There is no greater scam in the world today than the blatant and outrageous lies told to everyone from school age onward over the last 40+ years when it comes to diet, exercise, health and various risk factors associated with same. The root of the scam goes back even further, but it really became evident with the so-called "food pyramid" which emphasized refined starches (breads and "white vegetables") and claimed that fats were bad for you and should be limited. Then, the scam evolved. Only saturated fats were bad, so it was claimed. The rest weren't so...
  • Jail. Now. Not Bailouts. (Healthcare).

    07/14/2017 6:27:53 AM PDT · by Wolfie · 21 replies
    Market-Ticker ^ | July 14, 2017 | Karl Denninger
    Jail. Now. Not Bailouts The latest Senate attempt to pass Obamacare Lite is now out. It contains a number of provisions that are interesting but exactly zero of them address cost. Notably, it does not include my one-sentence bill that would instantly destroy health insurance extortion rackets which are destroying the middle class and, if ended, would immediately force down costs for everyone in the system. Nor does it include any of the other provisions that I have in my larger model legislative proposal that would force price transparency and end collusion -- the very essence of which violates 100+...
  • Illinois is Collapsing: It's Coming Everywhere

    06/10/2017 1:36:34 PM PDT · by Wolfie · 65 replies
    Market-Ticker ^ | June 10, 2017 | Karl Denninger
    Illinois is Collapsing: It's Coming Everywhere The blame game is in full force, including in Crain's. Like in a good Agatha Christie mystery, there's a whole train-full (or, in this instance, Capitol-full) of suspects in the case of Who Killed Illinois? Just like on the Orient Express, they're all guilty to one degree or another. .... Here's who's at the top of my list: Gov. Bruce Rauner and House Speaker Michael Madigan, in that order. Other folks had their hands on the knife, but these two are the ones who really drove it in. Uh huh. Sure. Maybe you can...
  • Cut The Crap - Islamic Terrorism

    05/24/2017 10:58:30 AM PDT · by Wolfie · 25 replies
    Market-Ticker ^ | May 25, 2017 | Karl Denninger
    Cut The Crap -- Islamic Terrorism There is this ugly and pervasive "political" view that Islamic Terrorism is some "new thing." It usually comes with some line of crap about how we've "created" these monsters by invading their nations and displacing "their" people, and that "we" (the western world generally) are responsible. This is a bald lie. Islamic terrorism dates back centuries. It was a problem in the form of piracy and slavery in the early days of our Republic -- long before we had a military that could invade anything. The "big lie" is proved again in the present...
  • Go Ahead And Cheer The Fraud (Healthcare Bill)

    05/04/2017 12:40:25 PM PDT · by Wolfie · 74 replies
    Market-Ticker ^ | May 4, 2017 | Karl Denninger
    Go Ahead And Cheer The Fraud The lies are ridiculous. "Obamacare" has not been repealed, nor replaced. Deductibles and premiums will not come down, because exactly nothing has been done to address the underlying cost of medical care, and that is, of course, what drives the cost of "health insurance." It also probably won't pass the Senate, so that The House has done so is immaterial. But heh, go ahead and take a victory lap Mr. Trump for something that hasn't passed the Senate yet, and by the way, may I remind you that the Executive, which you head, can...