Wall Street Journal

Hillary Clinton Is In Deep Trouble: "Hordes Of Wall Street Executives" Descend Upon Philly

We believe Hillary Clinton lost the Presidency this past week. While the explosive DNC leaks will undoubtably have a long lasting effect, this post will barely reference the leaks. Rather, it will explain how recent decisions by the Hillary campaign played right into Trump’s hands by essentially waving a gigantic middle finger to the 73% of Americans who think the country is headed in the wrong direction.

Koch Brothers Now Supporting "Often Confused" Hillary Clinton

On July 20th, a Republican U.S. Senator lost his main financial backers for having urged Republicans to vote for Donald Trump instead of for Hillary Clinton. The Koch brothers speak with their words, which can’t be trusted, but they also speak with their money, their investments, which are always honest expressions of their actual beliefs and desires. This time, the Kochs spoke with their money, just a day after that Senator spoke with his words.

The Market For Lemons, The Market For Bullshit, And The Great Cascading Credence Crash Of 2016

The underlying problem is, I think, a very strange one. But it’s a risk faced by any society that both undergoes rapid technological change, and contains organized interest groups. (Formal or informal.) Something really bad is happening to all our bullshit. In fact, I’ve begun to worry that there’s actually a sort of crash or cascading failure going on in the bullshit market. If there is, I think it’s driven, as previous bullshit crashes were, by changing technology.

'Pokemon Go' Bubble Bursts: Nintendo Tumbles As Indonesia Issues "National Security Threat"

Indonesian officials have warned that 'Pokemon Go' is a "national security threat," and military headquarters have banned personnel from playing the game while on duty, according to Jakarta Post. It appears the 'Pokemon Go' bubble is bursting, after surging 120% in 8 days, Nintendo is down over 12% today (as the bubble passes over to McDonalds Japan, which is up 12%, after reports of sponsoring 'Pokemon Go' in Japan).

"The Case For Donald Trump Is Simple"

The alternative is President Hillary Clinton... Fair enough to argue that Mr. Trump represents a huge risk. But honesty requires that this risk be weighed against a clear-eyed look at the certainties a Hillary Clinton administration would bring.

The 'BLM' Paradox - Black Accountability Matters

Given recent distressing killings between Blacks and police -in the past week - it is worth poring into the broad statistics that underlie homicides in this country, by race. We dejectedly note that an astonishing 4/5 of these police killed were done so by Black civilians (the same ones who are killing one another at 8x the national rate and paradoxically expecting law enforcement to stop that, but then shriek when the police do).

Trump Narrows Clinton's Lead But Latest Polls Show Voters "Hate Them Both"

The last few weeks have seen Hillary Clinton's lead over Donald Trump reduced notably from over 8pts to below 3pts as her poll numbers tumbled post-Comey. While variance (discussed here) across the polls remains yuuge, Clinton remains the clear winner among African-Americans and younger Americans while Trump leads among whites and men; but as one pollster noted with regard the unfavorables, "Let me summarize the poll into four little words: 'They hate them both'."

Who Gave Us Justice Ginsburg?

The federal code of judicial conduct for U.S. judges states that a “judge should not... publicly endorse a candidate for public office.” But does not Ginsburg’s relentless trashing of Trump constitute a political attack on him, to help his opponent Hillary Clinton? Ginsburg “should resign from the Court before she does the reputation of the judiciary more harm,” says the Journal. There is a precedent...

"It's Prohibited By Law" - A Problem Emerges For Japan's "Helicopter Money" Plans

"Adopting helicopter money in the strict sense is impossible as it's prohibited by law," said one of the officials. "If it's about the BOJ buying huge amounts of bonds and the government deploying fiscal stimulus, we're already doing that." Japan shouldn't make its central bank directly underwrite government borrowing, "or it could suffer the kind of runaway spending and inflation that followed a similar move in the 1930s."

Elon Musk Is The Face Of This Bubbling Stock Market (But Maybe Not For Long)

Simply put, Musk is supporting the system’s determination to strip people of various forms of self-reliance. It’s one thing for government agencies to promote “clean” energy. Many are immediately suspicious. But Musk’s overriding talent is to make federal authoritarianism seem positively sexy. He is the rock star of alternative energy... "Elon Musk is an obvious fraud. Something that all of his companies rely upon is continued gub’mint cheese. Without the largesse of the state, his entire empire would have already collapsed."