This tweet is from one of the judges Trump has on his Supreme Court list:
https://twitter.com/JusticeWillett/status/718280241752510465
This tweet is from one of the judges Trump has on his Supreme Court list:
https://twitter.com/JusticeWillett/status/718280241752510465
Regular readers know I’m pretty liberal politically, but I read all kinds of blogs. Red State has been holding the line on their principles and committing to vote for neither Trump nor Clinton. The site was largely for Cruz, so none of the bloggers are happy right now.
Still, this article by Leon Wolf amused me. Titled “The Trump Fans are Totally Not a Cult” it has the great line:
My working theory on Coulter … is that she’s just been drunk tweeting for nine solid months
If I were snarky I’d ask how you could tell, but a great line regardless.
Via Mark Thoma, I came across this post. I haven’t digested whether I agree or not, but interesting:

Increasing the number of police on the street, for example, would increase capture rates and deter crime and by doing so it would also reduce the prison population. Indeed, in a survey of crime and policing that Jon Klick and I wrote in 2010 we found that a cost-benefit analysis would justify doubling the number of police on the street. We based our calculation not only on our own research from Washington DC but also on the research of many other economists which together provide a remarkably consistent estimate that a 10% increase in policing would reduce crime by 3 to 5%. Using our estimates, as well as those of some more recent papers, the Council of Economic Advisers also estimates big benefits (somewhat larger than ours) from an increase in policing. Moreover, what the CEA makes clear is that a dollar spent on policing is more effective at reducing crime than a dollar spent on imprisoning.
Unfortunately, selling the public on more policing is likely to be difficult…
For political junkies, Decision Desk HQ is a site to check out. Their twitter feed is also interesting because they send out their own exit poll folks.
They seem to be enjoying the Wisconsin primary:
And they have a sense of humor:
Not sure if they know this, but the guys who created the movie Airplane grew up in Wisconsin…
Yeah, I know, I’m just putting fiduciary in the title as click-bait.
From Alpha Architect:
1) This new standard will limit investors’ choice of retirement options.
“This new standard will definitely limit my choice of yachts.”
2) Investors will “go it alone” and screw up their asset allocation.
“My Wolf of Wall Street theme party will have a totally inadequate seafood buffet.”
3) Rather than provide advice, advisors will sit on their hands for fear of legal reprisals associated with a fiduciary standard.
“Shhh. Don’t tell anyone there is a robust independent advisor ecosystem already available in the economy.”
4) New, innovative products will not be introduced to the marketplace.
“New, highly profitable, poor performing products will not be introduced to the marketplace.”
5) It’s not about the price you pay, but rather, the value you receive.
“It’s not about the price they pay, it’s about the soft dollars, revenue shares, and kickbacks we receive.”
6) Our legislative partners stand ready to protect investors and the middle class.
“We have taken every Congressman out for a lovely steak dinner and we will continue to do so.”
7) We have the best facilities in the world to provide cutting edge research and leading market insights.
“We pay the highest rent in Manhattan and hired a bunch of busted PhD students who can write fancy equations.”
8) Our robust RIA network fully leverages our economies of scale to provide superior service.
“We send our RIAs canned reports and shoddy back office services and charge them 50% of their revenues.”
9) We have been in the business for centuries.
“We have been exploiting clients for centuries.”
10) Our clients see the value we provide. They understand that we are well worth the price.
“Please don’t go to Vanguard. Please don’t go to Vanguard. Please don’t go to Vanguard.”
Via NYT, I’m assuming this is not good news..
It is unclear what useful data, if any, was found on Mr. Farook’s device.
The term fiduciary is actually in the news as a new standard is proposed for investment brokers. Here’s an old video explaining the difference:
This looks like the official North Korean government twitter account, but it must be a parody. It’s hilarious.
And the very best one…
The Onion has nothing on this.
Via Daring Fireball, from the husband of a victim in the San Bernandino attack:
In my opinion it is unlikely there is any valuable information on this phone. This was a work phone. My wife also had an iPhone issued by the County and she did not use it for any personal communication. San Bernardino is one of the largest Counties in the country. They can track the phone on GPS in case they needed to determine where people were. Second, both the iCloud account and carrier account were controlled by the county so they could track any communications. This was common knowledge among my wife and other employees. Why then would someone store vital contacts related to an attack on a phone they knew the county had access to? They destroyed their personal phones after the attack. And I believe they did that for a reason.
In the wake of this terrible attack, I believe strongly we need stronger gun laws. It was guns that killed innocent people, not technology. I also believe the FBI had and still has access to a lot of information which they have ignored and I’m very disappointed in the way they’ve handled this investigation.
Finally, and the reason for my letter to the court, I believe privacy is important and Apple should stay firm in their decision. Neither I, nor my wife, want to raise our children in a world where privacy is the tradeoff for security. I believe this case will have a huge impact all over the world.
You will have agencies coming from all over the world to get access to the software the FBI is asking Apple for. It will be abused all over to spy on innocent people.
I’m clearly going for click bait headlines today. From Nate Silver:
So even though the battle between Donald Trump and the Republican “establishment” has been a story since the summer, we should still pause now and again to gawk at the spectacle. On Thursday, Mitt Romney, the previous Republican presidential nominee and the closest thing the GOP has to a party elder, denounced Trump in the strongest possible terms. Trump responded by making what sounded to me like a blow job reference.
This is really happening. At least I think.