The NY Times has coverage of the 'wrong apartment' shooting in Dallas. There detail about neighbors complaining about marijuana smoke is new to me (and to Google News), and provides a rationale for the seemingly gratuitous marijuana 'smear' of a few days back. My emphasis:
In an echo of past police killings, there has been anger over what seem to be attempts to incriminate the victim: Police released a search warrant that revealed that 10.4 grams of marijuana in multiple baggies had been found in Mr. Jean’s apartment.
“First they assassinate his person, then they assassinate his character,” Mr. Crump said.
Hours earlier that evening, managers at the apartment complex had received complaints from residents that there was a strong smell of marijuana in the fourth-floor hallways. Managers knocked on Mr. Jean’s door and at least five other doors inquiring about the smell, the Jean family lawyers said. It was unclear who on the floor was responsible for the odor.
OK, first, the Times cites as its source "Jean family lawyers", who held a press conference which included denunciations of the marijuana search and coverage. Did the Times get this 'neighbors complaining' detail separately, or did the rest of the media overlook its significance?
And what is the significance? Well, if - IF - Jean had been smoking marijuana and had cracked his apartment door in order to get some cross-ventilation, that would explain the neighbors' complaints and might answer the riddle of whether his door could have been ajar at times during the night, as Citizen Guyger claims. Kind of a big deal.
Other details which might lean a bit towards Citizen Guyger:
Mr. Jean’s relatives, lawyers and supporters all say it would have been difficult for the officer to have mistaken Mr. Jean’s door: It had a large, bright-red, semicircular doormat, lying on a bare concrete floor. Officer Guyger had none. Would she not have noticed?
“My main concern is that she is lying,” said Mr. Merritt, one of the Jean family lawyers.
But Officer Guyger’s supporters say she had her hands full at the time she arrived at Mr. Jean’s door: Officials said she had with her a police vest, duty bag and lunchbox — items she might be expected to carry to her own front door, not someone else’s.
Depending on how she is holding those items the floor and doormat might not be immediately visible. Nor, if she is on autopilot after a long day, would she be checking for prompts and clues as to her whereabouts.
I still believe that if evaluated as a police officer, Ms. Guyger's decision to shoot can not be justified; if it was too dark for her to see anything other than a silhouette, as she claims, it was too dark for her to see a weapon that could have elevated this to a deadly force situation. IMHO police training in de-escalation is woefully deficient but she could have simply stepped back out of the apartment, re-assessed, and called for back-up. My goodness, what if she had been at her own apartment door and the superintendent had been responding to a complaint about a leak and then decided to change a burned out lightbulb in her entranceway? She's going to shoot the guy?
Evaluated as a civilian in her own residence, the standards for the use of a weapon in self-defense are more lenient and a case for self-defense to prevent a robbery could be made (Texas Penal Code 9.31, 9.32). IF she had been in her own home, which of course she wasn't. And since the hallway was available, shooting just seems to me to be a second or third choice. She lived alone, so she had no reason to think anyone inside was in danger. Stand in the hallway and think things over. Count to ten.
Well. Hindsight is twenty-twenty.
AS BEST I CAN TELL: The NY Times stands alone on this, as best I see.
I await developments.
And another icon is shattered. Good night madjack!
Posted by: boatbuilder | September 15, 2018 at 10:33 PM
I think there are two issues with the release of documents related to the Deep State scandal: timing and magnitude.
As we've seen throughout the last few years - and longer - the media will ignore or diffuse any story that doesn't for their agenda. They also promote fake news to drown out anything positive on our side. Because of this, timing is critical - and not static. There will have to be multiple releases of inescapable significance to keep momentum.
The sheer magnitude presents another hurdle. People who don't follow these events in detail have no clue to the width and depth of this treachery. With so many players at the highest levels of government, the evidence has to be irrefutable. That's not easy, especially considering how few in DC can be fully trusted by Trump.
Patience sucks - it's not one of my virtues - but I trust Trump to understand the parameters as well as anyone here. I pray for him.
Posted by: Beasts of England | September 15, 2018 at 10:33 PM
Roidger Clemens looks as fat as Mike Hargrove.
Regarding Ryan protecting the Swamp, both he and McTurtle showed their Uniparty allegiances when they neglected to unload on Lois Lerner for her Tea Party targeting. There was a chance to secure bipartisan agreement on gelding the IRS, which everyone hates, and they completely squandered the opportunity. It was at that point that I realized the GOP was worthless in terms of representing me.
Posted by: Captain Hate | September 15, 2018 at 10:33 PM
Bear Stearns, why was Lehman so critical to blowing the sub prime bubble to bits.
Posted by: narciso | September 15, 2018 at 10:38 PM
CH--Yup re: Lois Lerner. The GOPe's active effort to label, undermine and discredit the Tea Party, a populist movement that supported the goals and policies the GOP purported to represent, was baffling to me at the time. I am of course very slow on the uptake; Trump has proven beyond a doubt that those people never had the slightest intention of pursuing the agenda they professed to represent.
Posted by: boatbuilder | September 15, 2018 at 10:41 PM
h/t BJG blog
https://sacramento.cbslocal.com/2018/09/07/sacramento-barbershop-california-supreme-court/
Barbershop Workers Quit After California Supreme Court Ruling
A recent California Supreme Court decision is changing the way independent contractors are classified, and it’s already having a big impact on local shops.
Posted by: JimNorCal | September 15, 2018 at 10:43 PM
I can't imagine they were this incompetent:
https://www.telegraph.co.uk/news/2018/09/15/russian-secret-services-crisis-fallout-botched-salisbury-attack/
Posted by: narciso | September 15, 2018 at 10:45 PM
Paul Ryan couldn't fight his way out of a wet paper bag. THAT'S NOT WHO HE IS. When this COUP became obvious, Paulie Ball less ran away.
Thanks for fighting for the country Paul.
Posted by: GUS | September 15, 2018 at 10:47 PM
Opening salvo in NFL reporting: Cowboys numbers tank ... but it's a boring team this year ... and teams are making more money despite the ratings.
OK ... if you say so.
https://www.zerohedge.com/news/2018-09-14/nfl-hell-continues-ratings-crater-dallas-cowboys
Posted by: JimNorCal | September 15, 2018 at 10:50 PM
No, but he did have some annoying tics, noe he has been a jackass to clarice and to others, this is why I came up with my division series of tales,
Posted by: narciso | September 15, 2018 at 10:50 PM
boatbuilder,
The GOP should have been less obvious in their disgust for the Tea Party; they could have strung me along for a bit longer. Now they're dead to me and that's not changing until every one of the quislings are gone.
Posted by: Captain Hate | September 15, 2018 at 10:51 PM
Does fox butterfield run the NFL front office?m
Posted by: narciso | September 15, 2018 at 10:51 PM
Marty's bizarre stalking and harassment of clarice was beyond the pale.
I don't care what he's right or wrong about, he's got some serious issues.
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 10:53 PM
Re: the 4D chess theory and patience:
After yet another undistinguished round of golf I was having a beer with my longtime NYT/NPR lib golfing buddy. We usually avoid politics but he brought up the mid-term elections, and asked me if I thought that the impending Manafort plea and the ongoing Muller investigation (with unknown blockbuster charges to come) meant that the Republicans were going to lose the House. Rather than explode with my full-force outcry about what stark staring unadulterated bullshit the whole damn Judas Goat thing is, I calmly suggested that the fact that the thing has been going on for two years without a single thing tying Trump to "The Russians" would seem to indicate that there's not really anything there.
He seemed to find this persuasive, to my considerable surprise.
This cuts both ways. Why should anyone who is not a true believer like us right-wing nutcases here at JOM believe that this is in fact the most outrageous political scandal in the history of the US IF NOBODY EVER GETS CHARGED? Time to move.
Posted by: boatbuilder | September 15, 2018 at 10:54 PM
And there in you miss the point of this community:
https://mobile.twitter.com/ClimateAudit/status/1040044187905748993
Posted by: narciso | September 15, 2018 at 10:56 PM
It's good to have benchmarks for success. If you are trying not to make friends, you have succeeded beyond all expectations. Congratulations.
Posted by: boatbuilder | September 15, 2018 at 10:59 PM
Captain Hate,
My feelings exactly. I had been a huge supporter of W and had mustered my party loyalty to vote for McCain and Romney.
However, I now see what has been going on, and I am only loyal to Trump and a few of his supporters in Congress, and the emphasis is on FEW.
Every day another mask is ripped off and things look even worse than they did the week before. My preference would be to fire every last person in the DOJ and FBI, and that includes secretaries and janitors. However, I realize that would be a destabilizing action.
So I wait, impatiently.
Posted by: Miss Marple (the real one) | September 15, 2018 at 11:00 PM
Kev
You're in the marketing game. Here's a guy I just discovered. He has 158k subscribers. Take just 8 minutes and tell me what you think about this guy's skills. I also really love this song and this band. I'm wearing them out
Nearly Senior Citizen Reacts to Ghost-Square Hammer
https://youtu.be/90-lWyL-nKQ
Posted by: Pinandpuller | September 15, 2018 at 11:00 PM
So does being a complete asshole. Grow up.
Posted by: boatbuilder | September 15, 2018 at 11:02 PM
Bear Stearns!
from Wiki:
"By November 2006, the company had total capital of approximately $66.7 billion and total assets of $350.4 billion and according to the April 2005 issue of Institutional Investor magazine, Bear Stearns was the seventh-largest securities firm in terms of total capital.
A year later Bear Stearns had notional contract amounts of approximately $13.40 trillion in derivative financial instruments, of which $1.85 trillion were listed futures and option contracts. In addition, Bear Stearns was carrying more than $28 billion in 'level 3' assets on its books at the end of fiscal 2007 versus a net equity position of only $11.1 billion. This $11.1 billion supported $395 billion in assets,[9] which means a leverage ratio of 35.6 to 1. This highly leveraged balance sheet, consisting of many illiquid and potentially worthless assets, led to the rapid diminution of investor and lender confidence, which finally evaporated as Bear was forced to call the New York Federal Reserve to stave off the looming cascade of counterparty risk which would ensue from forced liquidation. "
Look at the leverage ratio above.
The they had to pay $3.2 billion to bail out one of their hedge funds.
Then in 2008: from Wiki again:
"On March 14, 2008, the Federal Reserve Bank of New York agreed to provide a $25 billion loan to Bear Stearns collateralized by free and clear assets from Bear Stearns in order to provide Bear Stearns the liquidity for up to 28 days that the market was refusing to provide. Shortly thereafter the Federal Reserve Bank of New York had a change of heart and told Bear Stearns that the 28-day loan was unavailable to them. The deal was then changed to where the NY FED would create a company to buy $30 billion worth of Bear Stearns assets. Two days later, on March 16, 2008, Bear Stearns signed a merger agreement with JPMorgan Chase in a stock swap worth $2 a share or less than 7 percent of Bear Stearns' market value just two days before."
You can see that the FED is uncomfortable with this approach so JPMorgan Chase swoops in. The free-market reigns.
For all kinds of reasons JPMorgan Chase had to up the offer to $10 per share.
The real problem with Bear Stearns was that it was smaller than Lehman Brothers and had similar investments, but people took to calling it a "crisis of confidence" if I remember correctly. People thought it was mismanaged. I think some people knew that its' holdings were impaired, but not enough.
If people had known, the panic of September 2008, would have started in March with Bear Stearns
Posted by: jim nj | September 15, 2018 at 11:09 PM
Boatbuilder. Good posts.
Posted by: GUS | September 15, 2018 at 11:09 PM
Texas scoring some points this evening...
Posted by: Beasts of England | September 15, 2018 at 11:11 PM
jim,
In my burn-it-down opinion, regardless of what the damage outside the institutions might have been, free markets work very well, especially at recovering and clearing corrections of malinvestment. Seems to me, with the ensuing 8 or 9 years of sluggish "growth" we would right now be money ahead if the economy had been allowed to destroy what needed t be destroyed and even some that didn't and then allowed to come roaring back on the ashes of what, after all the Fed with its easy money and the Feds with their interventions in the market had largely created in the first place.
Whatever extra wealth might have been destroyed in a free fall has been more than lost in the massive lack of real wealth creation since then. A good argument can be made the vast majority of the wealth created since then has been pretty much nothing but Fed fueled asset bubbles which will largely go poof when this present Fed fueled mess pops too and has in any event enriched the already wealthy through access to free money at the expense of the core of the economy's real engine of productive investment.
The preceding nine years has most certainly produced a hugely skewed mass of malinvestment that would never have occurred with sane Fed policy and a working price discovery mechanism.
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:11 PM
So what are acceptable levels of leverage and why did both Stearns and Lehman so insistent in breaching them,
Posted by: narciso | September 15, 2018 at 11:14 PM
--The truth in this game gets you enemies.--
Are we sure JiB isn't socking E.D.? That line has got to be in at least one Mickey Spillane potboiler.
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:14 PM
Good night.
Posted by: boatbuilder | September 15, 2018 at 11:14 PM
There are some really talented meme makers on Twitter.
Posted by: Miss Marple (the real one) | September 15, 2018 at 11:19 PM
Miss Marple,
I don't know what happened to Paul Ryan. He used to be on Levin's show frequently and seemed to be a budgetary hawk. Then everything turned to shit starting when he was a shrinking violet VP choice for Romney and he's been worthless ever since. Where was any leadership from him after Scalice was shot? He didn't say a damn thing that I can remember.
I don't think the exit of Wexner is unrelated to what I'm talking about changing in the party. Good riddance to all of them.
Posted by: Captain Hate | September 15, 2018 at 11:19 PM
The fact of the matter is many people here are sympathetic to a great deal you say, Marty, and even the ones who aren't would disagree agreeably except you insist on being a total a-hole to everyone because you have some type of personality disorder.
You make enemies because you act like a horrible person and treat others horribly.
Stop doing that and you might actually have a little bit of influence and convince a few people instead of being blocked, ignored and dismissed as a nutcase by nearly everyone.
And now back to hushing you...cuz you so sedulously earn it .
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:19 PM
Why were gaap rules, not observed 're the previous bubble,
I am also concerned about how fast the accelerator might be going 're interest rate hikes.
Posted by: narciso | September 15, 2018 at 11:19 PM
--Why were gaap rules, not observed 're the previous bubble--
$$$
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:20 PM
Captain Hate,
I have to agree. I can remember looking forward to his debate and being completely gobsmacked at his ineffectual responses.
He never seemed the same after that. And he has continued, even though he is leaving the House, of making these annoying bland and passive-aggressive statements.
Given what we now know about the FBI, CIA, and other groups within the government, I have concluded he has been threatened or blackmailed.
Posted by: Miss Marple (the real one) | September 15, 2018 at 11:23 PM
He can't stop Ig. I've read his divorce transcripts. He's nuts.
Posted by: GUS | September 15, 2018 at 11:24 PM
Ryan has a degree in economics, which means he should have some practical knowledge of statistics and modeling. For him to lend any credence at all to that bullshit estimate of deaths is disgraceful.
Posted by: Beasts of England | September 15, 2018 at 11:24 PM
No Marty you can go most anywhere else and be a jackass, knock yourself at the Atlantic for instance.
Posted by: narciso | September 15, 2018 at 11:26 PM
he's a politician. All of his adult life Beasts.
That is WHO HE IS.
Posted by: GUS | September 15, 2018 at 11:29 PM
Another big Robertson Davies fan here.
Simone says Mueller's throwing in the towel>https://scontent-iad3-1.xx.fbcdn.net/v/t1.0-9/41744463_2030003487058400_5265593178630651904_n.jpg?_nc_cat=0&oh=038e09ce5f67b5e9766d501c6e70f1c6&oe=5C2DF2C4
Posted by: Clarice Feldman | September 15, 2018 at 11:33 PM
https://medium.com/@DBCopa/pattons-speech-and-president-trump-1067f0cc01c1
Posted by: Miss Marple (the real one) | September 15, 2018 at 11:33 PM
For sure, GUS. Thankfully one who is tucking tail and leaving...
Posted by: Beasts of England | September 15, 2018 at 11:34 PM
--Ryan has a degree in economics, which means he should have some practical knowledge of statistics and modeling.--
Doesn't Occasionally-Cornholed have one of them things?
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:37 PM
Your linky way stinky, clarice.
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:39 PM
I think he still gives too much latitude to McCarthys assurances
https://meaninginhistory.blogspot.com/2018/09/the-central-scandal-of-russia-hoax-and.html?m=1
Posted by: narciso | September 15, 2018 at 11:40 PM
Miss Marple,
The last time a significant lightbulb went on for me was when Huckabee said that because DJT didn't owe the GOP money men a thing, he could be different in delivering on campaign promises instead of us sitting around waiting for something to be different and being frustrated.
You can believe in blackmail but I think Ryan and the rest are doing what the people who paid for them want.
Posted by: Captain Hate | September 15, 2018 at 11:40 PM
Just think, an old guy who comments on hard rock songs gets more views than any given CNN host.
Posted by: Pinandpuller | September 15, 2018 at 11:41 PM
It's mark Simones feed.
Posted by: narciso | September 15, 2018 at 11:41 PM
Captain Hate,
I don't disagree. It's all of the same piece - unelected people pulling the strings.
Posted by: Miss Marple (the real one) | September 15, 2018 at 11:42 PM
Just a random thought I heard Howard Dean had an office down the hall from Newt Gingrich at some institute or another. And that HD is against single payer which seems odd...
Posted by: Pinandpuller | September 15, 2018 at 11:44 PM
Heading to bed.
Nytol!
Posted by: Miss Marple (the real one) | September 15, 2018 at 11:44 PM
No single payer ain't like any democrat I ever heard.
Say no single payer again!
Posted by: Pinandpuller | September 15, 2018 at 11:45 PM
Her degree is in Economic Feelings. It's very popular these days, Ig.
Posted by: Beasts of England | September 15, 2018 at 11:47 PM
If he is agin single payer it's only because he's a saw bones who actually had some tenuous contact with the real world at some distant point in the past.
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:48 PM
Yes, I apologize--I tried to copy it and it turned out to be a FB link so I went to simone's twitter page and it's not on there. So I think it's probably fake. The tweet said Mueller's throwing in the towel--could find nothing on collusion or obstruction. It sure looked real, but I cannot confirm it so pls ignore it.
Posted by: Clarice Feldman | September 15, 2018 at 11:50 PM
Yeeaarrgghh is a doctor of some sort; a real medical doctor, not like the paste eater's spouse. He and friends in the field probably have some real horror stories about dealing with the feds for reimbursements.
Posted by: Captain Hate | September 15, 2018 at 11:51 PM
I was going to check your claim Beasts but when I Binged Occasionally-Cornholed the results were not applicable.
Posted by: Ignatz Ratzkiwatzki | September 15, 2018 at 11:51 PM
Narciso.
JPMprgan Chase most current leverage ratio is 9:1. The FED keeps a better eye on that now than they did back in 2008.
You use leverage to create more profit using fewer dollars. The problem the investment banks had was that they were using short-term funding to invest in long-term assets.
Lehman Brothers only became important in that period of time, IMO, because other players came to think of it as the next probable Bear Stearns.
Banks were beginning to realize that a lot of the debt assets they were holding had impaired value and some were very thinly traded. Lehman was in a position where any interruption of the short-term financing would cause it to lose its' liquidity. It had a huge warehouse, so to speak, of Goodwill assets. It can't find buyers, except at a loss, so it can't get the liquidity it needs from the market.
Short-term lenders get antsy and pull their money, other financial firms get leery about trading with you, etc.
Lehman Brothers just happened to be the next domino, but it was a very big one. That's the only important thing about Lehman.
Lewis Ranieri at Solomon Brothers created "debt securitization" and OWNED that market for years, but others like Lehman Brothers and Bear Stearns also became big players.
Posted by: jim nj | September 15, 2018 at 11:54 PM
I do remember That, from back when Michael Lewis, wasn't a,total hack, in liars poker,
So could say aigs collapse have created the credit avalanche.
Posted by: narciso | September 16, 2018 at 12:00 AM
I'm so sick of typepad.
Posted by: Ignatz | September 16, 2018 at 12:01 AM
We forget about these:
https://www.express.co.uk/news/uk/1018140/manchester-arena-bomb-attack-latest-news-Salman-Abedi-terror-news
Posted by: narciso | September 16, 2018 at 12:03 AM
Good night; even Ben and Marty. Praying for you both, and I mean that sincerely. If we're honest we're all broken to one extent or another.
Posted by: Ignatz | September 16, 2018 at 12:03 AM
Iggy,
I agree with you on everything one, there would not have been a free-market to sort out the pieces.
Did you see the Thread on the "repo" market that I posted some months ago?
Maybe someone can find it for me?
Basically, Iggy, all the markets collapsed at once. The "repo" is short for repurchase agreement. You let a firm hold your long-term asset in exchange for money. You agree to buy it back, usually the next day, at a pre-set price. It's basically an overnight loan. That market almost completely shutdown in the panic. The size of that market was equal to the assets of all US banks.
Pretty much everything connected to debt securities froze up at the same time.
Iggy, believe me it was worse than anyone could have imagined.
Posted by: jim nj | September 16, 2018 at 12:09 AM
I haven't been to Patterico's horrible blog for a week but one thing his penis sipping gallery fixates on is how much DJT lies. Perhaps in their alternate universe deadender minds that's correct in some obtuse way, but as I've tried to make clear here, people lying to me infuriates me. Almost every politician since Reagan has lied to the country and me; either by describing a situation deliberately inaccurately or saying they'll do something and not do it or saying they won't do something which they end up doing. Except DJT hasn't done it that I can remember.
So I have no idea what those retarded monkeys are dwelling on nor do I care.
Posted by: Captain Hate | September 16, 2018 at 12:14 AM
Here it is:MARK SIMONE
Verified account
@MarkSimoneNY
More
Sources in the Mueller team saying they have completely given up on collusion. That there is absolutely nothing there. They are also giving up on obstruction and are trying to figure out how to end this with some sort of victory.
He may have deleted it, but I found it in a google cache.
Posted by: Clarice Feldman | September 16, 2018 at 12:18 AM
Narciso,
AIG was the primary insurer for most insured debt obligations so it would have taken a huge hit.
I don't think what the FED did to AIG was legal, but courts have since disagreed with my opinion.
Posted by: jim nj | September 16, 2018 at 12:21 AM
https://www.wsj.com/video/why-warren-buffett-said-no-to-lehman-and-aig-in-2008/B576E2BA-DCCE-45EE-B289-C1653EF8383C.html
Short video in front of the paywall. AIG and Lehman Brothers both called Buffett before the panic looking for cash infusions.
Interesting.
Posted by: jim nj | September 16, 2018 at 12:23 AM
And yet I find his Rottweilers are unwilling to let go. Logically they should go after mercury skadden and podesta will he?
Posted by: narciso | September 16, 2018 at 12:24 AM
Herr Mueller didn't even manage to destroy diplomacy with Russia. A Blue Wave is their only hope.
Posted by: Pinandpuller | September 16, 2018 at 12:29 AM
I have problems with people who insist that Hillary and Barack are right of center.
Jimmy Dore had a good line about Obama keeping his Peace Prize next to his Kill List but I had to part ways when he said Tim Kaine is to the right of Hillary.
Posted by: Pinandpuller | September 16, 2018 at 12:45 AM
Jimnj, I reposted your repo posts at the bottom of the previous thread.
Posted by: Another Bob | September 16, 2018 at 12:59 AM
I saved them from the last time this came up...
Posted by: Another Bob | September 16, 2018 at 01:04 AM
Thank you, Another Bob. Iggy they are worth a read, if you didn't see them before.
Posted by: jim nj | September 16, 2018 at 01:08 AM
Concur Ig. Worth the time.
Posted by: Another Bob | September 16, 2018 at 01:10 AM
I haven't seen TWIP yet, but I found political cartoons at Twitchy.
https://twitchy.com/political-cartoons/2018/08/05/159125/
Posted by: jim nj | September 16, 2018 at 01:20 AM
Jim, aware if Chitown has commented on that? Suspect he might have some worthy additions.
Posted by: Another Bob | September 16, 2018 at 01:24 AM
I'm not aware of any Chitown comments. Others in the financial community have made comments about the panic, but not on the "repo" market. A lot of people don't even know it exists. You kind of have to be in the community.
Because I worked in Market Data I interfaced with every dept. in my firm. And I became a CFA and had to study all the esoteric stuff too.
Posted by: jim nj | September 16, 2018 at 01:44 AM
The infamous Sundance now says there won’t be a quick declassification of the Carter Page FISA warrant application.
Summarized: It would look too much like an act in his own interest and be a political disaster. We’ll have to be satisfied with slow leaks via Meadows et al. until enough political rationale exists to justify declassification on the basis of classification being used to cover illegality or prevent embarrassment.
Yes, I know.
Posted by: Another Bob | September 16, 2018 at 01:45 AM
Narciso,
Further on the leverage ratios. All investment banks have sit-downs where they allocate capital to each and every department in the firm. Whatever instrument is being traded that department knows how much capital they have to play with.
The same people allocating capital would also dictate the leverage ratios.
Risk managers exist at most firms and can dictate to the departments that they cut back if they think a department is risking too much. Unfortunately, the way the culture works, risk isn't always properly foreseen.
So if a management team thinks it's making good money with leverage, there is a chance they will raise their leverage for even more profit.
It all works, assuming you don't lose your short-term funding and that your markets have deep pools of liquidity, meaning that you can always sell your assets at proper prices. Lehman lost both at the same time.
Posted by: jim nj | September 16, 2018 at 01:59 AM
via Insty
https://nypost.com/2018/09/14/rahm-emanuels-failure-is-an-ill-omen-for-all-democrats/
Posted by: jim nj | September 16, 2018 at 02:03 AM
via Insty
https://www.cnn.com/2018/09/14/politics/greg-craig-foreign-agent-registration-investigation/index.html
Posted by: jim nj | September 16, 2018 at 02:08 AM
via Insty
https://www.mindingthecampus.org/2018/09/13/five-reasons-students-loans-are-an-enormous-disaster/
The next debt bomb to explode? This thing needs to be overhauled.
Posted by: jim nj | September 16, 2018 at 02:15 AM
Has Marty passed out yet?
Posted by: GUS | September 16, 2018 at 02:23 AM
If only PDJT was a whistleblower or something.
Posted by: Pinandpuller | September 16, 2018 at 02:27 AM
Loved this rude but funny comment in that post about Anderson Cooper pretending to be deep in flood waters:

I think he was hoping a snake would crawl into his ass.
Posted by: daddy | September 16, 2018 at 02:34 AM
Looking like there was some 4D happening on the black hat side, doesn’t it?
Posted by: Another Bob | September 16, 2018 at 02:38 AM
Who Knew? House centipedes are good. They don't nest because they are constantly on the hunt for other bugs you don't want in your either.
https://www.msn.com/en-us/lifestyle/home-and-garden/here%e2%80%99s-why-you-should-never-kill-a-house-centipede/ar-AAx2dxL?li=BBnbcA0
Posted by: jim nj | September 16, 2018 at 02:45 AM
I'm seeing ads on TV for a new show "FBI" from the creator of "Law & Order" considering how many times the Lenny Briscoe character dished on Bush what say you about the new show?
I assume it got the green light because it doesn't focus on corruption. Let's rebuild that old FBI reputation that Efrem Zimbalist, Jr., did so well.
Posted by: jim nj | September 16, 2018 at 03:16 AM
The NY Gubernatorial race decided this week. Cynthia Nixon ran against Andrew Cuomo. Andrew Cuomo ran against Trump. Cuomo only got 65% of the vote. That's an ugly win.
Posted by: jim nj | September 16, 2018 at 03:21 AM
I'm thinking of Hurricane Florence and suspect the main effect is going to be water, not wind.
The tidal surge is really going to hurt. All that water pushed upstream into the rivers and their tributaries.
The rain is going to have no place to go with tidal flooded rivers, etc.
It's a little like how Hurricane Sandy hit NJ. Everyone saw the damage at the shore, but in Northern NJ the chief casualty was Moonachie. The tidal surge swept up the Hackensack River and breached some century old dikes and Moonachie flooded.
Street sewer pumping stations failed in many towns along the river. They either lost power or couldn't push the sewer water into the river. Too much back pressure. Nothing they could do until the river went back to normal a few days later.
I suspect Florence is going to be like that. No way to get rid of the flooding until the rivers subside. Lots of flooding where it's not normally expected.
Posted by: jim nj | September 16, 2018 at 03:44 AM
Yuck, they're worried about ash heaps at coal-fired electric plants, hog farm waste ponds and snakes getting flushed into the overall flooding.
Posted by: jim nj | September 16, 2018 at 03:55 AM
Between October 1, 2017–March 31, 2018 something very interesting was happening.
The IG was AUDITING THE TREASURY!
This was a SEMI ANNUAL audit. There’s another one going on right now.
In the first audit, the work by the Office of Investigations resulted in 33 arrests, 35 indictments, and 21 convictions. What else was in the Report the IG handed to Congress?
🚨The United States MINT GOT AUDITED!😲
👉Financial Management: Audit of the United States Mint’s Schedules of Custodial Deep Storage Gold and Silver Reserves as of September 30, 2017 and 2016 (OIG-18-003, 10/24/2017
🚨The GOLD RESERVES GOT AUDITED!😲
👉Financial Management: Audit of the Department of the Treasury’s Schedules of United States Gold Reserves Held by Federal Reserve Banks as of September 30, 2017 and 2016 (OIG-18-007, 10/31/2017)
That’s not all this Report tells us.
THE IG CAUGHT A LEAKER TOO.
“The complainant alleged that a senior staff member at a Treasury bureau may have released information regarding the existence of a DOJ and Treasury OIG investigation.”
💥Substantiated and Referred to DOJ for Prosecution💥
WHO instructed all these Audits to take place?
THIS GUY! Treasury Secretary Steven Mnuchin👊
All this was going on AND NO ONE KNEW ABOUT IT.
The Swamp IS being drained! First you have to discover the crime, then you deal the punishment.
It’s ALL getting cleaned up, one Department at a time.
Just like Candidate Trump said…’EVERY DEPARTMENT WILL BE AUDITED’.👊
Source – Lisa Evans Rockwell
READ THE WHOLE 87 PAGE REPORT HERE
https://americandigitalnews.com/2018/08/31/oig-semiannual-audit-results/#.W54MDuhKjIV
Posted by: Pinandpuller | September 16, 2018 at 04:02 AM
In an interview with the religious-Zionist media outlet Arutz Sheva, Prof. Horev noted that one topic that came up at the event was Chinese investments in Mediterranean ports, and in Israel in particular. Pointing out that a Chinese company will soon start operating Haifa Port, he said that Israel needs to create a mechanism that will examine Chinese investments to ensure that they do not put Israel’s security interests at risk.
“When China acquires ports,” Horev said, “it does so under the guise of maintaining a trade route from the Indian Ocean via the Suez Canal to Europe, such as the port of Piraeus in Greece. Does an economic horizon like this have a security impact? We are not weighing that possibility sufficiently. One of the senior American figures at the conference raised the question of whether the U.S. Sixth Fleet can see Haifa as a home port. In light of the Chinese takeover, the question is no longer on the agenda.”
Horev also noted that the Americans are now turning most of their attention to the southern China Sea and the Persian Gulf, at the expense of the Middle East. In a period like this, he said, it would be right for Israel to bolster its status as a strategic base for the Americans.
https://www.analystsforchange.org/2018/09/analysis-israel-is-giving-china-keys-to.html
Posted by: Pinandpuller | September 16, 2018 at 04:08 AM
https://www.breitbart.com/big-government/2018/09/14/yet-another-democrat-endorses-gop-challenger-to-menendez-in-nj-senate-race/
Three, so far.
Posted by: jim nj | September 16, 2018 at 04:16 AM
Clarice's Pieces shows up in time for my second cup of coffee.
https://www.americanthinker.com/articles/2018/09/democrats_lets_do_the_time_warp_again.html
Posted by: hoyden | September 16, 2018 at 04:24 AM
Pin,
I don't want to rain on your parade, but I assume the OIGs of every Federal Department find wrong doing on a regular basis.
It would be nice if the MSM reported on these things, but that's not their job anymore.
What would be really nice is if the OIG staffs in each department could kick up the pace even more.
Posted by: jim nj | September 16, 2018 at 04:34 AM
Hoyden! thanks for the link. Clarice, as usual, delivers.
Posted by: jim nj | September 16, 2018 at 04:42 AM
Thanks!
Posted by: Clarice Feldman | September 16, 2018 at 04:46 AM
https://www.breitbart.com/national-security/2018/09/15/report-u-s-marines-conduct-large-scale-drills-with-syrian-rebels/
Looks like the US is making a point with the Russians and Iranians. You guys want the at Tanf base, you're welcome to die trying.
Posted by: jim nj | September 16, 2018 at 04:47 AM
Clarice,
I liked the way you roamed around connecting the dots. Very effective.
Posted by: jim nj | September 16, 2018 at 04:49 AM
As to that bogus Puerto Rico Hurricane Maria new death tale that I demolished a week ago, I want names or bodies. Without them it's a false statistical exercise.
Posted by: jim nj | September 16, 2018 at 04:55 AM
"wide fully accepted"
By whom, not me.
Posted by: jim nj | September 16, 2018 at 04:57 AM
http://www.foxnews.com/world/2018/09/15/us-backed-forces-storm-is-held-village-in-east-syria.html
That's in the at Tanf area.
Posted by: jim nj | September 16, 2018 at 05:05 AM