Stock Markets and Precious Metals Charts – FOMC Decision Wednesday, Stock Option Expiration Friday

“They never open their mouths without subtracting from the sum of human knowledge.”
Thomas Reed (R-Maine)
Bloomberg had economist Art Laffer, of the eponymous Laffer Curve, talking up the GOP ‘Tax Reform’ bill in all its ‘trickle down’ glory. I did not even know this retrograde nonsense peddler was still around, having been discredited in his economic theory of top down stimulus rebranded as ‘supply side economics’. Now we know just how bad for the people this new tax legislation may be.
The last refuge of a scoundrel is Art Laffer.
Can a credibly accused and completely unrepentant sexual predator with a penchant for the underaged be elected to the US Senate? We may find out the answer to that tomorrow. Could be a new low for manners and morals, and a new high for political hypocrisy, which these days is really saying something.
I was listening to a citizen of that state in question providing an argument for the reasonableness of the age of consent to be 13, as it was in the good old days. PR-wise the election may be a seminal event for Brand Alabama.
Most likely the Russians are to blame. And Wikileaks. Certainly it is not due to any failing on our parts. We are exceptional.

This post was published at Jesses Crossroads Cafe on 11 DECEMBER 2017.