Thursday, February 11, 2016
Summary Judgment: Sure Trump and Sanders won in New Hampshire while the rest of the wannabes embarrassed themselves, but the DNC and RNC were the biggest losers.
More And Better: The nation's senior spy, James Clapper, assured Congress that US intelligence agencies were ready and willing to integrate the “internet of things” into their 24/7 snooping into the lives of every American – through their smart phones, TV, computers, baby monitors, security systems, and all the new and coming devices that will monitor you and what you do in your home. Even Barbie has been recruited to spy on you and your child.
Zeroing In: JPMorgan suggests that the ECB may cut interest rates to a negative 4.5%, with the Bank of Japan going to 3.45% negative interest, the UK dipping to a minus 2.6% and the US Fed cutting rates to -1.3%. No wonder the world's central banks are interested in doing away with cash.
Order Of Battle: In New Hampshire Sanders won majorities of both men and women, won those with and those without college degrees, gunowners and the unarmed, those who had voted in previous primaries and those voting for the first time. He also won the young and those under 45, then tied Clinton for those 45 – 64. Hillary dominated among those over 65 and those making over $200,000. Any questions?
Ursa Major: Global stock markets are, or are fast becoming, bear markets – defined as a 20% drop in stock prices.
The Wheels on the Bus House Appropriations Chair Hal Rogers warns that conservative Republican representatives will not support the budget deal that was Boehner's death knell. If the House tries to change the deal, it is unlikely to pass the Senate and may put Paul Ryan in the same hopeless situation that got him the Speakership, trying to force an omnibus spending bill past an unhappy House.
Democratic Inaction: To insure electoral integrity, officials should insist on the use of paper ballots, publicly counted, stored with an impeccable chain of custody and available for recount and audit when necessary. The Democratic caucus in Iowa failed to follow this simple process, which is why there are still serious questions about the results.
Comes The Dawn: It seems that “the market” does not work the way we've been told; it may not work at all, by golly.
Words & Deeds: Before he was the second-place winner of the NH beauty pageant, Ohio's Governor John Kasich said he would sign a bill defunding Planned Parenthood if the legislature passed it. They now have and it'll be interesting to see whether candidate Kasich wants women's votes more than he wants to control their wombs.
Off To The Races: To those who claim that Sanders has not evidenced much support among non-whites, I'd like to point out the rather severe lack of non-whites in Iowa and New Hampshire. Maybe he hasn't drawn a lot of non-white votes because of Iowa and NH's problem with non-whites, not Bernie's.
The Parting Shot:
Posted by Charles Kingsley Michaelson, III at 7:59 AM