News Focus
News Focus
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mick

09/01/19 5:33 PM

#25634 RE: NYBob #25630

thank you, good read , china thing
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mick

09/01/19 5:33 PM

#25635 RE: NYBob #25630

Trump Administration Goes Ahead With New Tariffs on Chinese Products

Tariffs on clothing and other imports from China went into effect on

Sunday, escalating the trade war in a move expected to squarely hit...
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mick

09/01/19 8:14 PM

#25638 RE: NYBob #25630

John James for U.S. Senate

Fellow Conservative:

After thousands of freedom-loving Americans urged combat veteran and businessman John James to run for the U.S. Senate again in Michigan, he has answered the call.

John James announced his campaign on the 75th anniversary of D-Day, and we are extremely proud to endorse him.

This race is important because it not only gives us a chance to replace liberal Democrat Gary Peters, but it also gives us a way to help President Trump win this battleground state again in 2020.

John James will have the strong support of President Trump and President Trump will have the strong support of John James. Together, they will make a compelling case to the voters in Michigan as they fight to defend the principles of freedom that make our country so great.
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mick

09/01/19 8:15 PM

#25639 RE: NYBob #25630

CONSERVATIVE OUTSIDER

John James is a husband, a father, a combat veteran, and a businessman. He graduated from West Point and served in Iraq as a Ranger-qualified aviation officer, logging over 750 flight hours and leading two Apache platoons.

After eight years in service to our country, he returned to Michigan to work in the family business. Under his leadership, the company has rapidly expanded and created over 100 new jobs.

John James is a rock-solid conservative who is passionate about our country and the principles of freedom that make it great. He's a pro-life, pro-Second Amendment, pro-free markets conservative who has demonstrated energetic and effective leadership.
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mick

09/02/19 9:00 PM

#25640 RE: NYBob #25630

i do not agree---re;Andrew Yang Wants To Put Voting On The Blockchain
Andy Pickering - Brave New Coin - Sun Aug 25, 2:00PM CDT
U.S. Democratic Presidential candidate Andrew Yang wants to
modernize the U.S. voting system by putting it on the blockchain.

Is he on to something?

U.S. Democratic Presidential candidate Andrew Yang comes from a tech-friendly background.

He was the CEO of Manhattan Prep and he founded the non-profit fellowship program,
Venture for America.

In a political field comprised of aging politicians,
many of whom struggle to send an email,

Yang stands out as a savvy technologist determined to
harness the best technology solutions to mitigate against the
worst technology caused problems.

The Freedom Dividend
Yang is running on a UBI (universal basic income) platform.

Yang’s position is that in the next 12 years,
1 out of 3 American workers are at risk of losing their jobs to new technologies.

On his campaign website, he says that unlike the past,
this time new jobs will not appear quickly enough or in large enough numbers to make up for it.

“To avoid an unprecedented crisis,
we’re going to have to find a new solution,
unlike anything we’ve done before.

It all begins with the Freedom Dividend, a universal basic income
for all American adults, no strings attached

– a foundation on which a stable, prosperous, and just society can be built,” he says.

The crypto candidate
Yang is certainly the most crypto-friendly candidate on
either side of the aisle. Back in 2018, Yang made it possible
to donate to his campaign using crypto assets,
and he is supportive of the US becoming a crypto innovator.

“Investment in cryptocurrencies and digital assets has far outpaced
our regulatory frameworks in the US.

We should let investors, companies,
and individuals know what the landscape and treatment will be

moving forward to support innovation and development.

The blockchain has vast potential,” says Yang on his website.

Now, Yang has gone further. He wants to modernize voting
by using mobile phones as the voting interface and device,

and a blockchain to ensure security and identity verification.

This would dramatically increase participation in all elections,
whether
local,
state or
federal.

Considering the advances in technology, according to Yang,
there’s no reason why people should still be waiting in line a
t polling stations to cast their vote.

By making it difficult and time-consuming to vote,
this discourages voting and rewards extreme points of view,
as opposed to the popular will of the people.

So what’s the solution? On his website, Yang says
“It is 100% technically possible to have fraud-proof voting
on our mobile phones today using the blockchain.

This would revolutionize true democracy and increase participation
to include all Americans

- those without smartphones could use the legacy system and lines would be very short.

Blockchain not a proven solution
While this sounds like a promising idea,

Yang’s website is punishingly short on details.

While it’s true that the US electoral voting system is antiquated, inefficient and
vulnerable to attack, i
t’s not yet clear whether blockchain can provide a solution.

On a recent Crypto Conversation podcast,
I spoke to Ed Felten, a Professor of Computer Science at Princeton University who served in the
White House as Deputy Chief Technology Officer to President Obama.

Felten is a co-founder at Offchain Labs, and a blockchain expert.

In 2008,
Felten and his team of researchers at Princeton uncovered serious vulnerabilities in the Diebold and Sequoia voting machines that

the U.S. electoral system uses. A decade later, Felten said that worries remain.

“The good news is that many more places in the U.S. use more secure voting machines
that create systems in which there is a paper record of the vote

which the voter examines before casting the vote.

Those are the best systems from a security standpoint and the
proportion of U.S. voters who use that kind of system continues

to go up. The bad news is that there is still a substantial number who are voting on less secure systems.”

In the meantime, says Felten, the nature of the threat to elections
has evolved. There are new threats around disinformation and attempts
to undermine the public discourse.

Felten says that a majority of decision-makers understand there is
an issue but getting them to act against one threat in preference to

acting against another is one of the challenges from the standpoint of policymakers.

“I can tell you from being in those policymaking rooms in the
Obama Administration that the cyber security space is home to a

huge array of threats and the need to choose which things to
address and which to leave until later is constant.

Even though you wish you could address them all now, it’s not always possible and unfortunately,

our election systems have been left behind in a lot of places.”

While there is a general skepticism amongst security professionals towards online voting,

the problems of maintaining a free and fair electoral system are
many and complex.

Felten says that blockchain is unlikely to provide the answer.

“I'm skeptical of the use of blockchains for voting in public elections.

The reason that public elections are so difficult from a security standpoint is that you have

two strong security requirements that are in tension with each other.

First is the need to protect the secrecy of every vote.

The secret ballot is important to protect against the threat of vote-buying.

Secondly, we need to be certain that every vote that is counted
matches up with one voter who was authorized to vote

and came and voted. So you need to have a strong one to one correspondence between counted votes and voters on the one hand,

and on the other hand, the voter and their vote cannot be linkable together.

Blockchains are good at public record-keeping and the creation of
a public audit log of what happened.

That is not as useful for voting as one might hope because of the
secret ballot requirement and so unfortunately

I think we need to look in other places for the bulk of election security.”

Can Andrew Yang and the #YangGang make progress in this area?

He’ll have to win the nomination to become the Democratic nominee first, and realistically,
he’s an outside chance at best.

Still, strange things can happen in American election cycles,
and with a growing social media army, and a successful viral
appearance on the Joe Rogan Experience, it’s too soon to count him out.

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mick

09/03/19 5:20 PM

#25641 RE: NYBob #25630

Federal Reserve Quietly Buying Treasuries


During the years the Federal Reserve was engaging in quantitative easing (QE), the bank would routinely purchase assets such as U.S. Treasuries. This buying stopped in October 2014, with the end of the QE program.

However, over the past few weeks, the central bank appears to have started buying up Treasuries again, with about $14 billion bought so far. That’s based on changes in the Federal Reserve’s balance sheet in recent weeks.
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mick

09/06/19 10:23 AM

#25643 RE: NYBob #25630

Donald Trump, however you feel about him, has a plan. He knows he needs a big victory to ride into the 2020 election. He needs the markets to be looking good and trade talks with China to be complete.

But if those trade talks are still going on and the markets are still turbulent, he’s got an ace up his sleeve that will help him secure more swing voters without alienating his base. It might even get some more young voters on board, too.

I’m talking, of course, about legalizing cannabis nationwide.

You might be thinking, “How does that not alienate a conservative base?” Drafting a law that says cannabis is legal probably wouldn’t make most hard-line conservatives happy.

But there are ways the president can make cannabis legal without actually making it legal. Politics is just lousy with loopholes.

Simply removing cannabis from the controlled dangerous substance list where it’s classified along with crack, cocaine, and heroin would make it much easier for states to pursue their own legalization efforts.

But if I had to wager a guess as to how President Trump would legalize cannabis without legalizing it, it would be this: cannabis becomes a states’ rights issue.

“Government Is the Problem”

Some people reading this may not be old enough to remember hearing Ronald Reagan utter those now-famous words. But there’s little doubt you have heard them since.

He was talking about the current economic situation the country found itself in and said that government regulations and taxes weren’t the solution to the problem, but the problem itself.

And that caught the ear of the country. Especially folks who felt the federal government had grown too big and was interfering in too many aspects of personal life.

Ever since then, the fight for a “small government” has become a pillar of the GOP. And that’s why Trump can retain his base.

All the federal government really has to do is pass the buck, so to speak. Trump can just give the decision to the states. The states have been making them already despite federal prohibition.

And the president doesn’t have to legalize it to let states continue to do so. He just has to encourage the federal government to give the power to the states.

That’s exactly what a true conservative wants. Get Washington D.C. out of our backyard and let us make our own decisions.

And that’s Trump’s ace in the hole. He can appease more liberal voters and make his base happy at the same time.

If Alabama wants cannabis to be a drug, Alabama can vote to make it one. If New Hampshire wants it legal, well, New Hampshire can make it so.

Coming Soon to a Portfolio Near You

I’m not sure if you all were watching cannabis stocks before Canada implemented nationwide legalization. But I was. I was invested in a few. And I was pretty happy with the results.

You see, by 2016, legal cannabis was a pretty foregone conclusion. The questions were all about when, not really if, it would happen.

You had to do a little more research to find the good investments. It was kind of like the Wild West boomtowns with everyone rushing to cash in. But there were good ones out there.

And if you’d identified them back in 2016 — just two years before Canada legalized cannabis — you’d have seen the biggest profits of your life.

In the two years before Canada legalized, shareholders in Canopy, Cronos, Aphria, and Aurora saw their investments skyrocket.