Dec 18, 2017

The Tax Plan

I believe if this plan passes we are gonna have a tax code that is more gamable where more people are doing more things to rig the system or exploit the loopholes. Not that there's anything wrong with that I mean that's what every American is going to do righ, no American has a legal obligation to pay more taxes than what is owed and to the extent that you can rearrange your affairs such that you pay the lowest possible tax that's what everybody is going to do and that is why the projections that the Republicans are out there with that this is going to add just 1.5 trillion to the deficit over the next ten years are a bunch of nonsense. I'm sure that it will add more than twice as much more than three trillion to the deficit over the next 10 years.

Dec 14, 2017

Federal Reserve: 2 Years To Move The Rate From 0.00% to 1.375%

It's taken the Federal Reserve two years to move the rate from zero to 1.375%. This is an extraordinary amount of excess monetary stimulus to say that the Federal Reserve has been successful in normalizing rates is complete nonsense.

Dec 12, 2017

CNBC Becomes Crypto News BitCoin Network

This Bitcoin bubble is the most irrational of any of the bubbles I've seen. I think there is less of a legitimate case for Bitcoin than there was for any of the dot-com stocks that went to zero or buying subprime mortgages.

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