Sen. Ted Cruz is a smart conservative, wrong on social issues; ready for prime time?
Sen. Ted Cruz (R-TX) is building a strong base among conservatives who want a strong, honest and smart president, but he is such a mindless social issues radical on gay marriage and abortion that his chances of getting to the White House don't look very good. In the Saturday, April 19, Wall Street Journal, Cruz is profiled as the guy other senators fear and don't like and the rest of the country's conservatives admire for his smarts, courage and integrity. Here are four reasons I like Cruz and six reasons I wonder how far he can go:
Ethics • Trust • Health insurance • Medicare • Immigration Reform • Taxes • (0) Comments • Read More
How a new owner of the Denver Post could make it better for readers, advertisers and more profitable
There are new rumors that the Denver Post may be for sale. I sure hope so, because the paper has gone down hill more than it should have during the newspaper industry's long implosion. The paper has to focus on Colorado and recognize that readers interested in national and international stories can get better stories on the web than the Post can afford to produce. Some ideas for how the paper could be made a must read for all, not just the Left:
Journalists who accept Obama’s claim that 7.1 million signed up for ObamaCare can’t be trusted
The Wall Street Journal's headline writers and most of the media proved that they can't be trusted when they promoted President Obama's blatant lie that 7.1 million people have signed up and enrolled in ObamaCare. Everyone knows that huge percentages of those who signup never pay their ObamaCare health insurance premiums to insurers. Indeed, one insurer says that only 53% of previously uninsured signups pay their premiums. How many will continue to pay their premiums after insurers pay for their initial claims, which will be huge, remains to be seen. The ObamaCare numbers released by Obama so far are pretty meaningless. ObamaCare will never be repealed in full, but Obama already has used his executive orders to unlawfully change the law. Here are a few of the law's big problems as I see them:
Ethics • Trust • Health insurance • Health Insurance Reform • Medicaid • Media • (0) Comments • Read More
Is high frequency trading (HFT) useful? How is it risky?
Is high frequency trading of stocks useful? Is it risky? My thoughts:
Ethics • Trust • Speculation • Trading Styles • Stocks • Technology • (0) Comments • Read More
Michael Lewis’ ‘Flash Boys’ shows SEC must revise high frequency trading rules
High frequencty trading on the stock exchanges has become a very controversial issue for Wall Street and speculators. Last week, Michael Lewis published his new book, Flash Boys, and took the debate to a new level. I've watched CNBC and Fox Business TV interviews and discussions and read stories about the debate and the book, but I haven't read the book yet. In response to a story on Politico.com this morning, I thought about the issue and decided the market is probably more manipulated than rigged. And I see the deals the exchanges give HFT funds as the same as the volume discounts Walmart and the Federal government get from their vendors. But the Securities and Exchange Commission, which wrote the rules that guide HFT funds, needs to update them. My thoughts:
Ethics • Trust • Media • Financial Media • Mutual Funds • Speculation • Trading Styles • Stocks • Technology • (0) Comments • Read More
Jeb Bush vs. Ted Cruz, Rand Paul for president? Mitt Romney?
Former Florida Governor Jeb Bush, the GOP son and brother of presidents, and Rand Paul seem to be the strongest candidates for the Republican Party's 2016 presidential nomination, according to Charlie Cook, a leading political odds maker. Here are some of my reactions to his column over at National Journal.com, for what they're worth, which probably isn't much:
Jeb Bush vs. Ted Cruz, Paul Rand for president? Mitt Romney?
Former Florida Governor Jeb Bush, the GOP son and brother of presidents, and Paul Rand seem to be the strongest candidates for the Republican Party's 2016 presidential nomination, according to Charlie Cook, a leading political odds maker. Here are some of my reactions to his column over at National Journal.com, for what they're worth, which probably isn't much:
Mark Udall anti-energy, anti-Colorado; votes to kill jobs
Sen. Mark Udall "has supported policies harmful to American energy that could cripple entire industries, destroy jobs and hurt workers in Colorado," says the latest email from the National Republican Senatorial Committee. Rep. Cory Gardner is challenging Udall in next November's election. Here's the NRSC email for oppositon research fans:
Colorado • Economics • Elections '14 • Gardner • Udall • Energy • (0) Comments • Read More
Mark Udall votes for ObamaCare and with Obama, Harry Reid, Nancy Pelosi 99% of the time
Sen. Mark Udall (D-CO) is notorious for voting against Colorado and with the hardest left Democrats, Obama, Sen. Harry Reid and Nancy Pelosi, 99% of the time, according to the National Republican Senatorial Committee, which, of course, is backing Rep. Cory Gardner's attempt to unseat Udall in next November's election. Here's the NRSC's latest opposition research against Udall:
Colorado • Economics • Elections '14 • Gardner • Udall • Environment • Climate Change • Health insurance • Health Insurance Reform • (0) Comments • Read More
CNBC, Fox Business reporters, commentators flacking for high frequency traders, rigged markets
High frequency stock traders, the stock exchanges and big Wall Street banks have rigged the stock markets against individual traders, their mutual funds, pension funds and exchange traded funds, and the business channels, CNBC and Fox Business are flacking for the culprits. In his new book, Flash Boys, and on CBS 60 Minutes, Michael Lewis calls the markets rigged. Mark Cuban, the owner of the Dallas Mavricks basketball team, brilliantlly agreed with Lewis and elaborated on the risks of HFT on CNBC as other panelists defended them. In response, Wall Street and the on air flacks and brokers are saying that while there is cheating and front running, so what? I think Lewis has more credibility and his book and TV appearances will force the SEC and Congress to stop defending those who are stealing trading information from individuals and regulate them. LINKs: Search the web for "The Market is Rigged."
Ethics • Trust • Speculation • Stocks • (0) Comments • Permalink
UN releases flawed, politically driven report on global warming, climate change
The United Nations today released its revised and still horribly flawed report on global warming and climate change. Of course, politically greedy liars for Obama, including Sec. of State and former presidential candidate, John Kerry, have seized on the report to advance their campaign for more political power and government spending on useless research. There is no greed worse that the Obama Democrats' greed for political power. Sen. Mark Udall (D-CO), who is up for re-election, is running on a climate change platform because he can't run on his votes for ObamaCare, which has cost him a lot of support. There is no greed worse that the Obama Democrats' greed for political power. LINKs:
Colorado • Elections '14 • Udall • Environment • Climate Change • Global Warming • Ethics • Trust • Science • (0) Comments • Read More
Why be skeptical about global warming, climate change, scientific studies? Poor reproducibility
There is a huge uproar about a global warming and climate change article over at FiveThirtyEight that has brought out Al Gore's warming alarmists and skeptics in the web site's comments section, where I've posted a few comments. Why should we be skeptics about scientific research of any kind? Because the reproducibility of huge percentages of studies published in "peer reviewed" journals is extremely poor.
It is so poor that governments and foundations are funding organizations like the Reproducibility Initiative, which is in the business of trying to reproduce the work of scientists who have claimed significant advances in peer reviewed journals.
At the same time, venture capital firms like Third Rock have built staffs to try to reproduce academic discoveries of new drugs that they might fund in startup drug companies if the studies can be replicated or reproduced. In an article, Trouble at the lab, the Economist explains the reproducibility movement. Read that article and you'll see why you have to be a global warming and climate change skeptic.
Global warming "scientists" frequently have refused to publish their raw data or their models. So it's hard to reproduce their findings. Of course, global warming researchers don't have the data, computer models, computer power, computer power or even the scientific knowledge needed to prove anything.
Environment • Climate Change • Global Warming • Science • (0) Comments • Read More
Condi Rice blasts Sen. Mark Udall’s President Obama on weak foreign policy, leadership
Former Sec. of State Condi Rice is fed up with President Obama. But Mark Udall is a strong Obama Democrat. Udall not only says he would vote for ObamaCare again, he also lets the most dishonest Senate Majority Leader in recent history, Sen. Harry Reid (D-NV), tell him what to do. Udall needs to be replaced.
No reason to believe 6 million have signed up for ObamaCare, much less enrolled
President Barack Obama is claiming that 6 million people have signed up—not necessarily enrolled — in ObamaCare. Does anybody believe anything Obama says about ObamaCare or anything else? No reason to believe him. Lots of reasons to not believe him. He's trying to rush people into signing up for ObamaCare with lies about signups, which are meaningless.
Ethics • Trust • Health insurance • Health Insurance Reform • (0) Comments • Read More
Gallup: Seniors, whites more Republican; under 65, minorities more Democratic
Gallup doesn't have the courage to put an honest headline on its news release, which shows that seniors and whites are more Republican than 20 years ago while people under 65 and minorities are more likely to vote for Democrats. Rather than republish Gallup's pretty extensive news release, I'll just give you the link.
Why are seniors and whites voting more Republican?
Why are people under 65 and minorities more Democratic?
Campaign Mgmt • Pollsters • Colorado • Elections '14 • (0) Comments • Permalink