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Keyword: denninger

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  • Heros and Zeros: Vegas

    10/12/2017 11:03:07 PM PDT · by JME_FAN · 53 replies
    The Market Ticker ^ | October 10, 2017 | Karl Denninger
    Time to call out a few, given that Reuters is making excuses (big shock). I'll start with the heroes. Among them was the unarmed hotel security guy who attempted to interdict the shooter but could not get through the door because the shooter had driven screws into the frame. He took a round to the leg when the shooter blindly emptied a mag through the door of the suite but he'll be ok. Next up is the ex-service member who stole a truck and used it to transport injured people out of the kill zone. If they prosecute that guy,...
  • Heroes And Zeros: Vegas

    10/11/2017 5:45:09 AM PDT · by Wolfie · 13 replies
    Market-Ticker ^ | 10/0917 | Karl Denniger
    Heroes And Zeros: Vegas Time to call out a few, given that Reuters is making excuses (big shock). I'll start with the heroes. Among them was the unarmed hotel security guy who attempted to interdict the shooter but could not get through the door because the shooter had driven screws into the frame. He took a round to the leg when the shooter blindly emptied a mag through the door of the suite but he'll be ok. Next up is the ex-service member who stole a truck and used it to transport injured people out of the kill zone. If...
  • The Graham-Cassidy Scam

    09/26/2017 11:28:59 AM PDT · by Wolfie · 9 replies
    Market-Ticker ^ | Sept. 25, 2017 | Karl Denniger
    The Graham-Cassidy Scam It appears that Graham-Cassidy, the latest "repeal and replace" load of nonsense out of the Republican Party, is doomed. The option to pass such "one party only" supported bills expires on September 30th in the Senate. That's when the reconciliation option runs out, at which point standard rules in the Senate apply -- if there is a filibuster you need 60 votes to proceed, and obviously you won't get them without at least some people crossing the aisle. Graham-Cassidy, in summary, would take Medicaid and turn it into a block grant -- in other words, a pile...
  • Where Are The Damned Handcuffs? (Equifax)

    09/09/2017 6:56:10 AM PDT · by Wolfie · 41 replies
    Market-Ticker ^ | Sept. 7, 2017
    Where Are The Damned Handcuffs? It's time to start locking people up and destroying businesses with federal criminal indictments. The Internet has made many things very easy -- and fast. But it has also made many things quite-insecure, especially when corners are cut. I can design and implement extremely secure internet-connected data facilities and services. I not only have done so they're in active use right now. Some are more-important than others, but all are important to me. Among other things my home is connected via same, never mind the work product I've developed for the last, oh, 30ish years...
  • Musings On The After-Eclipse

    08/23/2017 5:43:07 PM PDT · by DuncanWaring · 70 replies
    Market Ticker ^ | 23 August 2017 | Karl Denninger
    My daughter and I drove up to Andersen, SC for the eclipse, leaving Sunday early in the morning and hanging out there Sunday afternoon and evening.Let me first put an accolade out to the Hilton Garden Inn -- great people, and very accommodating.  We wound up having to run-n-gun at the last minute as one nasty cloud threatened to obliterate our shots of the totality, but that gamble paid big; we were able to get into the clear with time remaining, and were set up and "on-point" about 3-4 minutes before totality was achieved.The totality itself was surreal.  Photographs, no matter how...
  • The 'Hack' Narrative Collapses

    08/21/2017 4:57:38 PM PDT · by Attention Surplus Disorder · 22 replies ^ | 08/17/2017 | Karl Denninger
    This is a pretty-good read, all-in. ********************* “A speed of 22.7 megabytes is simply unobtainable, especially if we are talking about a transoceanic data transfer,” Folden said. “Based on the data we now have, what we’ve been calling a hack is impossible.” Last week Forensicator reported on a speed test he conducted more recently. It tightens the case considerably. “Transfer rates of 23 MB/s (Mega Bytes per second) are not just highly unlikely, but effectively impossible to accomplish when communicating over the Internet at any significant distance,” he wrote. “Further, local copy speeds are measured, demonstrating that 23 MB/s is...
  • To The Press, The Pols, And The Rest (Charlottesville)

    08/16/2017 5:54:12 PM PDT · by Wolfie · 8 replies
    Market-Ticker ^ | August 16, 2017 | Karl Denniger
    To The Press, The Pols, And The Rest Let me say this just one more time: That someone is a Neo-Nazi, a White Supremacist, KKK member or racist does not render them bereft of the First Amendment. Just as being a member of BLM or the Antifa does not render them bereft of the First Amendment. It is not acceptable, legal or excusable to meet speech by any such person with violence. Period. To suggest, state, or advocate that such is the case, or to promote the premise that violence is an appropriate remedy for speech you find vile and...
  • The Politics of Theft, Medical System Style

    08/14/2017 4:11:12 AM PDT · by Wolfie · 14 replies
    Market Ticker ^ | August, 14, 2017 | Karl Denninger
    The Politics of Theft, Medical System Style This column demands a response, so here you go."There is nothing more we can do here. We tried everything else, and now it's time to do the right thing (ed: Single Payer). It's the American way."Well, let's see. I count three lies in three sentences, four if you call "Single Payer" the American Way. Let's start with the first: There is nothing we can do here. Sure there is. We could start with my one sentence extortion-stopping bill.. We could then follow up with the linked bill outline from that article, which you...

    07/31/2017 9:38:30 AM PDT · by Captain Peter Blood · 14 replies
    The Market Ticker ^ | 07-31-2017 | Karl Denninger
    Read this one folks. More evidence-based options have emerged for secondary prevention. The Improved Reduction of Outcomes: Vytorin Efficacy International Trial (IMPROVE-IT)4 reported that adding ezetimibe to effective statin therapy in stable patients who experienced an acute coronary syndrome reduced low-density lipoprotein cholesterol (LDL-C) from 70 mg/dL to 54 mg/dL (to convert LDL-C from mg/dL to mmol/L, multiply by 0.0259), and reduced risk of atherosclerotic cardiovascular disease outcome at 7 years from 34.7% to 32.7%. The Further Cardiovascular Outcomes Research with PCSK9 Inhibition in Subjects with Elevated Risk (FOURIER) trial5 reported that the addition of evolocumab, a proprotein convertase subtilisin–kexin...
  • Jail Them All (Pharmaceutical Fraud)

    07/20/2017 5:44:40 AM PDT · by Wolfie · 85 replies
    Market Ticker ^ | July 20, 2017 | Karl Denninger
    Jail Them All There is no greater scam in the world today than the blatant and outrageous lies told to everyone from school age onward over the last 40+ years when it comes to diet, exercise, health and various risk factors associated with same. The root of the scam goes back even further, but it really became evident with the so-called "food pyramid" which emphasized refined starches (breads and "white vegetables") and claimed that fats were bad for you and should be limited. Then, the scam evolved. Only saturated fats were bad, so it was claimed. The rest weren't so...
  • Jail. Now. Not Bailouts. (Healthcare).

    07/14/2017 6:27:53 AM PDT · by Wolfie · 21 replies
    Market-Ticker ^ | July 14, 2017 | Karl Denninger
    Jail. Now. Not Bailouts The latest Senate attempt to pass Obamacare Lite is now out. It contains a number of provisions that are interesting but exactly zero of them address cost. Notably, it does not include my one-sentence bill that would instantly destroy health insurance extortion rackets which are destroying the middle class and, if ended, would immediately force down costs for everyone in the system. Nor does it include any of the other provisions that I have in my larger model legislative proposal that would force price transparency and end collusion -- the very essence of which violates 100+...
  • Illinois is Collapsing: It's Coming Everywhere

    06/10/2017 1:36:34 PM PDT · by Wolfie · 65 replies
    Market-Ticker ^ | June 10, 2017 | Karl Denninger
    Illinois is Collapsing: It's Coming Everywhere The blame game is in full force, including in Crain's. Like in a good Agatha Christie mystery, there's a whole train-full (or, in this instance, Capitol-full) of suspects in the case of Who Killed Illinois? Just like on the Orient Express, they're all guilty to one degree or another. .... Here's who's at the top of my list: Gov. Bruce Rauner and House Speaker Michael Madigan, in that order. Other folks had their hands on the knife, but these two are the ones who really drove it in. Uh huh. Sure. Maybe you can...
  • Cut The Crap - Islamic Terrorism

    05/24/2017 10:58:30 AM PDT · by Wolfie · 25 replies
    Market-Ticker ^ | May 25, 2017 | Karl Denninger
    Cut The Crap -- Islamic Terrorism There is this ugly and pervasive "political" view that Islamic Terrorism is some "new thing." It usually comes with some line of crap about how we've "created" these monsters by invading their nations and displacing "their" people, and that "we" (the western world generally) are responsible. This is a bald lie. Islamic terrorism dates back centuries. It was a problem in the form of piracy and slavery in the early days of our Republic -- long before we had a military that could invade anything. The "big lie" is proved again in the present...
  • Go Ahead And Cheer The Fraud (Healthcare Bill)

    05/04/2017 12:40:25 PM PDT · by Wolfie · 74 replies
    Market-Ticker ^ | May 4, 2017 | Karl Denninger
    Go Ahead And Cheer The Fraud The lies are ridiculous. "Obamacare" has not been repealed, nor replaced. Deductibles and premiums will not come down, because exactly nothing has been done to address the underlying cost of medical care, and that is, of course, what drives the cost of "health insurance." It also probably won't pass the Senate, so that The House has done so is immaterial. But heh, go ahead and take a victory lap Mr. Trump for something that hasn't passed the Senate yet, and by the way, may I remind you that the Executive, which you head, can...
  • Maybe The Snowflakes Are Right?

    04/29/2017 5:47:43 AM PDT · by Wolfie · 152 replies
    Market-Ticker ^ | April 28, 2017 | Karl Denninger
    Maybe The Snowflakes Are Right? What if "Pajama Boy" is right? GDP came in pretty punky this morning, and a big part of it was consumption -- consumer spending. Much has been said, including by myself, about millennials and other young people on both sides of the millennial generation being less ambitious, living at home even well into their 20s, working part time or not at all. What if their decision is a purely logical one? What if those folks have decided that they're not into "rocket science" (e.g. high-grade math, computer programming, etc) and are not going to go...
  • Prognostication: Here It Comes

    04/17/2017 8:06:15 PM PDT · by Wolfie · 34 replies
    Market-Ticker ^ | April 17, 2017 | Karl Denninger
    Prognostication: Here It Comes I claim no special power here, nor any inside information. This is simply arithmetic coupled with logic. I'll give you a "decision tree" sort of format with the critical points outlined. Note that if you're going to mitigate any of what I see coming around the bend you need to do it right damn now, not wait. By the time you get to those critical points it's too late. For many people it's already too late, but if you're not in that batch then you need to make your lifestyle changes today. I am operating on...
  • So I'm 'Negative Nancy', Eh? (Healthcare Costs Will Collapse The Eoconomy In 5 Years)

    04/05/2017 4:46:26 PM PDT · by Wolfie · 20 replies
    Market-Ticker ^ | April 4, 2017 | Karl Denninger
    So I'm 'Negative Nancy' Eh? Stop the inane folks. Seriously, stop it. (Snip) Health Care including VA (which I exclude in my current postings) was $850 billion in 2012. Last fiscal was $1,417 billion or nearly a double in five years. That's the same acceleration in spending that has been going on since the 1980s. This cannot continue. It must stop now. I have been writing on this incessantly since 2007 here in The Market Ticker, been raising hell about this since I was an Internet CEO in the 1990s and been doing presentations on it to so-called Conservative groups...
  • The Bill To Fix Health Care - Permanently

    03/30/2017 10:07:19 AM PDT · by Wolfie · 53 replies
    Market-Ticker ^ | March 30, 2017 | Karl Denninger
    The Bill To Fix Health Care - Permanently Let's lay out the parameters for a bill, a fairly-modest update to my two previous missives on this point here and here (note the dates) and which can be easily turned into formal legislative language: All providers must post, in their offices and on a public web site without any requirement to sign in or otherwise identify oneself to access it, a full and complete price list which shall apply to every person. This instantly allows customers to compare pricing between providers for services and products in the medical realm. All customers...

    01/30/2017 10:49:27 PM PST · by Auntie Mame · 12 replies
    The Market Ticker ^ | 1/30/17 | Karl Denninger
    Consider good or service "X". The producer has to compute a price to sell at. His computation is comprised of the expense to produce the good or service plus a profit. . . . Two things constrain his profit: 1) The ability for the consumer to refuse to buy at all and 2) competition. Now let's enter the world of drug prices . . . “We think we should always be value-based,” Celgene Inc. Chairman Robert Hugin said in an interview with Bloomberg Television. “If the drug doesn’t provide value to the system and to the patient, we shouldn’t have...
  • That'll Be Enough

    11/12/2016 4:41:22 AM PST · by ImaGraftedBranch · 42 replies
    The Market Ticker ^ | 11/12/2016 | Karl Denninger
    Let me make a few observations. First, eight years ago, and again four years ago, America elected a President. Fully half, give or take a couple of percent, disagreed with the outcome. There were exactly zero riots, fires, "mass protests" and similar following that outcome despite the fact that half the population vehemently disagreed with it. This time around, not so much. Now I want you think very carefully about the following. Most of the land mass of this nation is owned and resided upon by people who are in "red" (that is, the winner this time) areas of the...