nh what about who counts the votes and
how significant is the ectronic aspect of voting ?
Livingston nh 00:34:31 GMT - 10/17/2016
There are two things that some folks don't understand about this election -- because of the Electoral College it is possible to be crushed in states like California and New York (coastal elites) and still emerge victorious, it is a very tricky process especially before the census readjustments
The second thing is the 3rd party aspect of this race - John Anderson and Ross Perot (some folks throw in Nader in 2000 altho GORE was so bad he couldn't even win his HOME state of TN -- George Wallace actually took Electoral Votes
There are no issues just personality on offer here so WHO votes is the KEY - is this a country of deplorables or a country of elites?
Brisbane Flip 22:32:27 GMT - 10/16/2016
The Fed could raise rates now that the Presidential election is over.
It'll just be less of a landslide.
Greenspan , Bernanke and Yellen destroyed the free capitalist market economy and transformed it into a central planned soviet style economy where the central planners at the FED decide everything .
Interest rates are no longer set by the market but by some old politically appointed apparatski at the FED . The FED QE allocates capital based on some soviet style based input output models which destroyed the Soviet economy .
Worst of all the rest of the Western world seems to be following the policies of the American central banks since most of their economists have been indoctrinated at American universities and at Goldman Sachs ( one of the biggest beneficiaries of these policies ) .
Europe should go back to sound Austrian economic principles and stop the central planning . If USA wants to destroy itself it is up to them but we should stop following bad examples .
Livingston nh 12:40:51 GMT - 10/15/2016
from THE DARKSIDE:
The FED has THREE goals (Bernanke introduced two as Mandates)
Section 2A. Monetary policy objectives
The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.
[12 USC 225a. As added by act of November 16, 1977 (91 Stat. 1387) and amended by acts of October 27, 1978 (92 Stat. 1897); Aug. 23, 1988 (102 Stat. 1375); and Dec. 27, 2000 (114 Stat. 3028).]
The third goal, MODERATE Long Term Interest Rates, although acknowledged by the FED and its individual employees has been ignored as a mere derivative of the two mandates, a position espoused and explained by a Former Board Governor -- the currently popular Wicksellian neutral/natural rate (R*) is not a long term interest rate; it is a theoretical unknown and the recent Fed concern with this is a SNARK HUNT
Both employment and the "preferred" inflation measure are near the limits of their recent (20 years) levels while long term interest rate remain suppressed
Yellen's comments that MORE EXTREME measures may be necessary are truly frightening as markets and the broader economy are jerked around by an unelected group of policy wonks
GVI Forex Blog 22:27:37 GMT - 10/14/2016
John M. Bland, MBA
Fed Policy Resolve Softening? The latest week saw the release of Meeting Minutes for the September 14 FOMC Conference. From my perspective, policy Minutes were a jumble. I had been expecting a clear tightening bias and the central bank seemed to be backing away modestly from its previous aggressive hawkish posture vis-a-vis a December rate hike. One thing that markets do not focus on much these days is that the U.S. central bank has a unique twin policy mandate. It is charged with maintaining full-employment and managing inflation.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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