My two-fer-Tuesday morning train reads:
• Investment Fads and Themes, 1996-2015 (thereformedbroker)
• Big losers mask net gains in hedge fund assets (Reuters) see also Hedge funds and institutional investors — one unhappy marriage (FT)
• Not all retirement advisers are required to give you good advice. That’s about to change. (Vox) see also Do I Have a Financial Advisor? (A Wealth of Common Sense)
• The Peter Meter: How Accurate Are Peter Schiff’s Predictions? (CNBC)
• 2015: The Best Year in History for the Average Human Being (The Atlantic) see also Here Are the Best Things That Happened During Every Day of 2015 (Slate)
“Defenders of Democracy”. If US “press” spent as much time finding out how Saudi royals fund ISIS and other extreme Sunni terror.
Visas for travelers through Iran which has done nothing to US since 1979.
http://www.bloombergview.com/articles/2015-12-21/iran-nuclear-deal-restricts-u-s-more-than-congress-knew
Trumped!
Believe in Trump! All those Muslim’s sneaking into the US can’t help but tell the truth that they’re Followers of Islam.
Bernie Sanders apologizes for his People’s Red Army hackers.
Donald Trump demands an apology from Hillary Clinton’s mean comments.
A member of the Bush family says someone is “not competent to govern.”
Christmas comes a little early for Venndata
Muslims protect Christians from extremists in Kenya bus attack
https://www.washingtonpost.com/news/acts-of-faith/wp/2015/12/22/muslims-protected-christians-from-extremists-in-kenya-bus-attack-reports-say/
Trump should demand we keep out extremist bus attackers.
IRS gains power to revoke tax scofflaws’ passports
http://www.usatoday.com/story/money/personalfinance/2015/12/22/irs-gains-power-get-tax-scofflaws-passports-revoked/77417570/
They should start with Tim Cook. or Let him keep it and go to Afghanistan and walk point on a tour with our troops he and Jim Cramer feel so patriotic about not paying for.
The jury still may be out on whether the logic of tax cuts is mostly just plutocratic propaganda with shiny objects attached to distract the gullible but the verdict is pretty much in regarding several categories of cuts including many of those on capital and wealth.
Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut
This paper tests whether the 2003 dividend tax cut—one of the largest reforms ever to a US capital tax rate—stimulated corporate investment and increased labor earnings, using a quasi-experimental design and US corporate tax returns from ears 1996–2008. I estimate that the tax cut caused zero change in corporate investment and employee compensation. …
Poll: 30% of GOP voters support bombing Agrabah, the city from Aladdin
Public Policy Polling also found that about 54% of the Republicans they polled support banning Muslims from entering the US, as Donald Trump has proposed
Of those who support the bombing of the fictional nation, about 45% support Donald Trump.
Friday 18 December 2015 13.34 EST
….
http://www.theguardian.com/us-news/2015/dec/18/republican-voters-bomb-agrabah-disney-aladdin-donald-trump
Mind you 19% of Democratic voters also supported the bombing of Agrabah – geographic ignorance is the American condition.
Yeah Democrats are the problem, not Republicans. Nice work Former. If it wasn’t for those damn 19% of Democrats who are as stupid as half the GOP this nation would be great again.
Nice Argument. Explains why you’re former not current.
Venndata, actually I have a level III brain tumour. After craniotomy, one month of radiation therapy and 18 months of chemotherapy I am currently stable but have short term memory loss and cannot practice.
I’ll Register My Drone When You Have to Register Your Gun
Written by Joshua Kopstein
December 14, 2015
For the past half-dozen months, I’ve owned and operated a tiny quadcopter that I built from parts sourced online. It’s only 110 millimeters wide, weighs about one pound, has a very small camera, and is more likely to be blown into a tree by a mild breeze than injure anyone.
And as of next week, I will need to register my dinky little drone with the federal government. Otherwise, I could potentially face civil and criminal penalties of up to $250,000 and three years in prison.
Meanwhile, if I decided to relocate to the nearby state of New Hampshire, I’d be able to purchase and own an assault rifle with a high-capacity magazine—no registration or license required.
That’s because I live in the United States, a country that will soon have a national registry for toy helicopters, but not for deadly machines used to commit horrifying mass-murder on a near-daily basis.
…
http://motherboard.vice.com/read/ill-register-my-drone-when-you-have-to-register-your-gun
Russia’s Syria bombing campaign ‘worse’ than regime
http://www.businessinsider.com/russia-bombing-in-syria-regime-assad-putin-2015-12
Trump can do this without killing any journalists.
Putin, hero to Giuliani, Trump and the GOP Base. Join Putin in an anti-Western jihad GOP Base members. Think of it as Tea Party rejection of Obama’s ultra high tax regime but with Soviet characteristics. And don’t forget your book of Republican facts. The whole truth-laden GOP Media Maxhine press isn’t as accessible over there.
‘Pageantgate’ still pumping out outrage, derision and talk of plots
http://www.usatoday.com/story/life/people/2015/12/22/pageantgate-still-pumping-out-outrage-derision-and-talk-of-plots/77746932/
Fox is a competent organization
I’m all for sensible gun control but let’s not hold reasonable regulation of drones hostage to the Second Amendment revanchists.
http://www.theguardian.com/sport/2015/dec/23/champion-skier-marcel-hirscher-has-near-miss-as-drone-falls-out-of-sky
Just like cars, these things can be dangerous and their owners need to be responsible.