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Trump's failure to appoint

This is not original but it does explain why Trump is having such a hard time appointing people to serve his administration:  people just don't want to work for him!

Trump fired Comey more than 2 months ago, and the White House said they would nominated a new head of the FBI within days, it took nearly 6 weeks to find a willing candidate and as far as I know the confirmation process has not even started...considering that Congress is in recess until September. That means that to replace one of the most visible figures in US law enforcement will take more than 7 months.  Its important to note that its not Congress that has been slow, the process is driven by the White House, they're not sending anything to Congress (although in Trump's reality its still the fault of Congress).  By this time, Obama had more than 200 posts filed in 2009 -- its even more for Bush and Clinton.  Trump, the number is 51, that it.  Right now there are only two or three names in the pipeline and Co…
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Italeave: No longer a a taboo subject

These are the forces at work in Italy right now:

The path to Italeave is a difficult one, requiring a referendum and a constitutional change, but trouble is brewing on a huge number of fronts simultaneously:


The Italian banking system is insolventAnother refugee crisis is brewing (this time via boats from Libya)Italy’s youth unemployment is a whopping 37%The ECB is the buyer of only resort for Italian bondsItaly’s debt to GDP ratio is over 130% to the consternation of Eurozone officialsThe global recovery is extremely long in the toothItaly made no progress during the recoveryThe topic of Italeave is no longer taboo

Any number of things could start a chain reaction making Italeave look good to a majority of Italian voters.  Political parties tend to follow (from the front), 2/3 of all Italians political parties are pro exit, in a sense the negociations between Europe and the UK are going to be key here.  Italy accounts for 12% of Europe's GDP and is Europe's third largest bond …

Who are you calling a homo Sapien...I am no homo!

This was a line from an 1980's movie about a "meat head" who is called by a New York smart ass a Homo Sapiens...hilarity (and a fight) ensues!  Its the same for some un-name trump supporter who referred to Clinton supporters an a sign as "Morans".

Yesterday was America's birthday -- literally it marks the day America declared independence "and the church bells of Philadelphia were ringing", against the reign of "mad" king George. Now, NPR, that hot bed of leftist crazies has for almost 30 years read out the declaration of independence, and this year, I guess having a bit of fun with the twitter madness that has overtaken the oval office has decided to tweet the whole thing 140 character at a time...

Part of the declaration of independence refers the a people's right to abolish a government and form a new one...some true Trump supporter thought that this was a dig at Trump -- being completely unaware that it referred to King George...

Florida: Parents can now object to the school curriculum

Parents who object to the concept of evolution or global warming can now make sure that their kids will never hear such things!  This is the new law past last Friday in Florida.  The ideal is to shape the minds of young Americans to a reality where God is central and where science is banished to the sidelines. It used to be more complicated, and getting Harry Potter out of school libraries was a major victory for the Christian right (no joke) they also objected to Catcher in the Rye

The idea seams to be removing anything "objectionable" from the young minds so that they get the party line early -- now American education (second most expensive after Luxemburg) and which ranks the US in 30th position in reading, math and comprehension, is rather bad at doing what its suppose to do.  Needless to say that top schools still teach important facts, but there too the rot is spreading.  Just last week a national TV presenter assumed that an aircraft accident had occurred because of t…

Trump's weird vocabulary

What's with Trump these days.  You read his Tweets and every other word seems to make little sense.  Is there something afoot here?  It is evident that Trump suffers from ADHD -- its been proven time and time again that he cannot focus on a subject for more than a few minutes at a time -- his calls with world leaders are often substance less.  Its not so much that he doesn't get stuff he just cannot focus.

His latest, which is to accuse Obama in the Russia election interference is probably the worse idea he's had (excluding the firing of Comey and the hiring of Flynn) he's now recognized that there was election tampering -- that got HIM elected!  Until recently, the party line was that there was no Russian interference -- now the leader of the free world say there was:  Who benefited -- Trump so he's scored another own goal, for no good reason, again.

Listing to his speeches there is something going on with his vocabulary, its shrinking.  Trump knows his audience&#…

Lying is the simplest solution!

The White House talking heads have been selling TrumpCare to the public and have simply resorted to lying.  Simple math tell you that if you cut a few trillions from Medicare then the service provided will have to be less than what it is today!  Its a little like the decision to allocate US$ 8 billion to people with preexisting conditions sure its a lot of money ( but its no where near enough for the reality of a country with 330 million inhabitants) -- the equivalent of US$ 23.00 per person.

The news story is that premium will go down (no mention of deductibles or exclusions) for self insured Americans and that Medicare recipients will not be affected (true insofar as the changes to Medicare are slated to be in place by 2021 only... after the next presidential elections).  In a sense, Trump and his allies are playing the game well, they will be able to tell their constituents that right now there is no change to their premium, and that it may even reduce -- not mentioning what is and…

February 14, 2018 -- mark your calendar

So over the weekend i was doing a bit of surfing the interweb to find on Zero Hedge, the Trump supporter financial news service, the date on which the end of the upsurge in the financial market will end...You got it, Valentine's day of 2018 -- unfortunately, ZH failed to share why that particular day was going to be the day of reckoning -- but in their world a massive correction would start on that day.

You got to wonder how they can predict the "end of the world" so very accurately!  I for one am amazed by their ability -- turns out its not really ZH but some hedge fund (i've never heard of) that predicts that day, as the beginning of the end.

Personally, I suspect that some trader at "unknown" hedge fund has some shorts that are about to expire on or around March 1, 2018, and is looking to boost the value of these out of the money positions -- but lets just say that some trader has some rather large put options that expire in 6 months -- and these are way…