Krugminator2
Member

I just bought A Man for All Markets by Ed Thorp on Kindle. I came across this while reading. I don't fully agree but given that he is the smartest person in the world, it seems worthwhile to post it.

No he wasn't. http://reason.com/archives/2008/12/10/bushs-regulatory-kiss-off "Obama's assertions to the contrary, the 43rd president was the biggest regulator since Nixon." "It takes a lot of bureaucrats to create and enforce all those regulations. In eight years, Bush increased the federal government's regulatory staff by 91,196 employees. Clinton cut it by 969. "

That's another thing. Rand influenced Trump to stop his horrible neocon Sec of State picks. That's kind of a big deal. John Bolton could have easily been the guy calling the shots on North Korea right now. There was no other Republican in the field who Rand would have had that kind of influence with. The first person to endorse Rand is Trump's head of the Office of Budget Management. The guy who wrote Rand's budget, John Gray, who was a Rand Senate staffer, is the guy who is in charge of working out the budget details for Trump. The guy in charge of the EPA is a guy Rand coauthored this article with and likely would have been Rand's EPA choice. http://thehill.com/opinion/op-ed/234685-epa-water-rule-is-blow-to-americans-private-property-rights You can call it small potatoes but the federal government has cut 11000 jobs so far, which is unprecedented without some kind of outside force pushing. I think it is important to celebrate these kinds of victories. This is not Hillary Clinton who was pushing free college and banning Uber.

Let's say Gary Johnson got elected instead. I would have been thrilled at that. That said what actions would he have taken that would have gone beyond what Trump is doing? I am not saying in any way Trump is good philosophically. I just don't think most of the stuff he is bad on will ever be policy minus what Sessions will do to weed and civil liberties. But I think there is a high likelihood Johnson would have appointed a far worse justice than Gorsuch given his comments on judges and in particular Weld's affinity for liberal judges. Mulvaney is about as good as it gets for budget director. Given that Johnson is probably/definitely on the carbon tax train and Weld being a green energy lobbyist, he wouldn't have appointed someone as solid as Pruitt to the EPA. As long as Trump doesn't get involved in Syria in a serious way and passes tax reform, I think he will have earned my vote. I am pleasantly surprised that things have gone this well on the actual issues. I see Trump as kind of a Warren Harding equivalent. Historians will hate him, but an objective reading shows that he wasn't so bad for small government people. As far as Pruitt, he seems pretty aggressive in hacking away at the EPA. There was thing he did with California he did a few months back. http://www.slate.com/articles/health_and_science/science/2017/07/pruitt_s_deregulations_won_t_hold_up_in_court.html

Seems like credit should be given when it is due. http://reason.com/archives/2017/05/16/the-deregulator http://www.politico.com/agenda/story/2017/06/07/trump-regulation-slowdown-000446 http://thehill.com/blogs/pundits-blog/energy-environment/339140-trump-follows-through-on-deregulation-but-at-what-cost http://www.washingtontimes.com/news/2017/mar/27/trump-binges-deregulation-axes-4-obama-era-rules/ https://www.nytimes.com/2017/08/07/business/trump-deregulation-teams-transportation-department.html

I don't like Robert E. Lee. I am indifferent about whether he has a statue up. He means nothing to me. That isn't the issue. The issue is this is nothing burger. The press didn't give this kind of coverage to Obama who didn't condemn Black Lives Matter and Occupy Wall Street. 10 police officers have been shot by Black Lives Matter goons. Only 1 person was killed by a white supremacist. Ferguson, Milwaukee, and Charlotte had extensive damage done by Black Lives Matter rioters, who rioted over nothing. All three of those shootings were legitimate situations for officers to use lethal force. The press gave the assassination attempt on Steve Scalise and Republican Congressmen by a Bernie goon only a few days of extensive coverage and it was nowhere near to the extent of this. And there was almost no talk of the violent left, which is multiples larger than the violent right. The left is made up of violent animals. These white supremacists are a much smaller fraction of the right. I hear endlessly about Colin Kaepernick. The guy wore a shirt praising Fidel Castro. The press acts like you are racist if you don't support a Communist sympathizer. A white guy in a Hitler shirt would rightly never play again and no one would question in it.

The press is disgusting. And Republicans as a whole don't fight back. So many Republicans just want to be friends with these people. 898279650140585984

I saw that as well. Lew Rockwell egged this on a few years back. https://www.mediaite.com/online/ron-paul-wants-ronpaul-com-so-badly-that-hes-asking-the-un-for-help/ It wouldn't be a problem if they didn't criticize everyone else for being unprincipled.

I first heard about what a scam diamonds were when Stossel did a piece on them at ABC. He said he refused to buy his wife a diamond when they got married. There is absolutely no rational reason to ever own a diamond. And I really laugh at the idea of anyone being gullible enough to spend two months salary.

It went to 3800 intraday. Not sure what you call 15% drop in one day. I call it a crash. Bitcoin stocks got absolutely wrecked today. BTCS closed down 32%. BITCF down 38%. First down day after an extended run is more often than not is a top, at least for the time being.

The overwhelming majority of people in prison are leftists. http://www.factcheck.org/2015/12/cruz-on-violent-criminals-and-democrats/ Only 9% of felons registered Republican when they got out of prison. The estimate is 73% vote Democrat. And it is easy to see in the news. The political violence is almost entirely from leftists. And to the extent there has been violence from someone on the right it is almost always a leftist showing up to where they are wanted getting in someone's face and provoking the violence. You don't see right wingers going to leftist rallies and picking fights. Yes, there is the odd attack like Timothy McVeigh. But for every Timothy McVeigh there are 10 people like Christopher Dorner. People on the left are inherently violent.

Communists are just as bad. There is a 100% chance that the Anfita are more violent than the white supremacists at that rally.

897582531117297664 While I don't disagree with Amash, are very fine people allied with Antifa? What is wrong with calling out violent Communists? Almost certainly the leftists were the ones who provoked the reaction. They are violent people pounding on cars, blocking traffic and screaming. Trump saying both sides are bad seems like a very good point.

Trump's kind of right. Blocking traffic is never okay. Taking over public roads and pounding and cars is wrong. I don't think you should gun it and run people over like this kid but I also don't think you should should stop. It is kind of hard for me to feel bad about the girl who is dead. I would never be in the position of blocking traffic.

What's funny is the media will scream endlessly about racism and "He's Nazi's" and "He's a Nazi sympathizer" . Yet being a Communist or being a Communist sympathizer is just swell. The New York Times will give you a voice. To me, this person is just as bad a white supremacist. And this is what the author thought the problem with Joseph Stalin was. Is this real life?

It will be soon. Probably this session or the next one. OTC is cracking down on the trash penny stocks that are tied to Bitcoin. There will be some money flowing out of both the stocks as well as the currency. $GBTC is basically an ETF that just holds bitcoin. It is trading at almost double its bitcoin asset value. $BITCF is a bitcoin stock that has no revenue or assets and trading at $815 million market cap. This is a bubble. It doesn't mean I don't think bitcoin is for real but the fever is about to break at least for a couple of weeks.

Ron Paul and Rothbard propose full reserve banking. One way you would make full reserve banking work is by charging people a fee to hold their money. That is the same thing as a negative interest rate.

I was clearly not serious.

It sounds like this couple was diagnosed retarded.

Oh. Why didn't you say sooner that Bob Dole, Richard Nixon, Donald Trump and Gerald Ford are for it? That changes everything. Now I want California to determine the Presidency. If Newt Gingrich is for it, I'm in.

Most Americans are morons and belong in a zoo. This country needs much less democracy. The Framers very smartly didn't want one geographic region dominating. I don't want people from California, New York, and other failed states determining an outsized say on my life. If I could, I would give them a smaller voice because what the majority people in those states advocate is not only unconstitutional but outright immoral.

Heightism is a much bigger issue and actually somewhat legitimate. Short people are statistically the most discriminated against in society. Presidents are typically tall. The taller candidate usually wins. There is no rational reason for that. Short people earn much less. Black women earn more than short men. Jobs in sales and leadership, which are higher paying jobs, have a disproportionately high percentage of tall people.

I was curious what percentage of violent crime is committed by leftists. It is amusing that Politifact rated this clearly true statement about violent criminals "Mostly False." http://www.politifact.com/truth-o-meter/statements/2015/dec/01/ted-cruz/are-overwhelming-majority-violent-criminals-democr/

Funny how she didn't cut him off before the interview started. It shows financial TV is just entertainment. He has no business being on TV. He has a far worse record in money management than a monkey throwing darts. He has been wrong about EVERYTHING for 8 years. EVERYTHING.

Future member of Congress. 894921699564683264

I don't think these Einstein's get how voting works. Blacks are 10% of the population. An all black party might have trouble getting a majority. I highly encourage blacks voting third party though. Here is a chilling image.