Friday, January 08, 2016
Thursday, December 24, 2015
Saturday, December 05, 2015
Friday, December 04, 2015
It has been going on for almost a year – dollar has been trading in the range 95-100, I think since Euro, as well as EU, is doomed (never mind Thursday’s jump) – and world’s financial community expects rates to be finally raised in December therefore making sovereign debt repayments much more difficult and will promote inflows into US banks in search for higher than negative European return ….it is that wonderful time again for a new trade – I was on the sidelines since /ES short in September.
Saturday, November 14, 2015
“We are seeing a curtain of McCarthyism descend over many college campuses,” said Dershowitz. “I don't want to make analogies to the 1930s, but we have to remember it was the college students who first started burning books during the Nazi regime. And these students are book burners. They don’t want to hear diverse views on college campuses.”
“When I went to speak at Johns Hopkins University there were protests," he said. “It was said that because I won’t acknowledge that Israel commits crimes against the Palestinians, I am quote ‘harassing students’ and violating the ethical standards of Johns Hopkins University.”
“By expressing my opinion,” he continued, “I am ‘harassing students.’ This has become a very serious problem not only in American universities, but in universities around the world as well. And it is influencing and having a terrible impact on the education of students.”
“It is the worst kind of hypocrisy,” said Dershowitz.
Friday, November 13, 2015
Monday, October 19, 2015
The Obama administration is about to power up a massive new executive action on immigration and it’s far scarier than anyone could have imagined. Last November, when Homeland Security released its ten memos commandeering immigration policy from Congress, Secretary Johnson included a vague plan aimed at benefiting the tech industry, innocuously titled “Modernizing the Employment-Based Immigrant Visa System.” But a secret memo recently leaked on an immigration law blog now reveals that this ‘modernization’ plan will not only fast-track hundreds of thousands of work permits to employment visa-applicants in violation of longstanding U.S. worker protection laws, but will enable hundreds of thousands of illegal aliens to also receive work permits despite their unlawful status. As the full details leak out from the narrow clique of immigration lawyers and lobbyists advising the President, labor advocates are scrambling to warn the public.
Unlike the DACA executive amnesty program being challenged in the courts, USCIS is apparently opting to go through the normal regulatory process (although no details are up yet), complete with an opportunity for the public to submit comments. If enough patriotic American workers and their families flood the comment database, the agency may react like the ATF did when their proposed rule banning “green tipped” bullets was deluged with angry comments forcing them to rescind the proposal. If Americans care about their sovereignty like they do about their guns, Obama’s new immigration re-write won’t see the light of day.