patrick.net

~ 3:50
"What you have is very good for the medical insurers."

All Rep/Con/Teas will now love Obamacare because it benefits private insurance companies.

I'm looking for health stocks and insurance companies to short my self.

If the new ACA deal was so fucking hot, then you'd think there would be all of these competing insurance companies from the exchanges, advertising on TV and radio around the clock touting how much affordable their insurance, and how much more they cover than brand B. Especially since the federally ran government site is down. They had to dump a shit load of insured people and it seems that people are neither able to find an alternate plan that suits their needs and budget, nor able to complete the application process even if they wanted to(allegedly!).

A crashing dollar would be very good for this country, bringing more work home as our wages became more competitive.

It would be bad for the wealthy, in that their spending power to buy imports and jet overseas would be cut thereby.

The secret of the successful eurosocialist nations is their trade surpluses, and you can only have a trade surplus if you run a "weak" currency regime.

http://research.stlouisfed.org/fred2/series/MANEMP

Bellingham Bill says

A crashing dollar would be very good for this country, bringing more work home as our wages became more competitive.

It would be bad for the wealthy, in that their spending power to buy imports and jet overseas would be cut thereby.

The secret of the successful eurosocialist nations is their trade surpluses, and you can only have a trade surplus if you run a "weak" currency regime.

http://research.stlouisfed.org/fred2/series/MANEMP

Not true.
Switzerland has been recording continued trade surpluses while the CHF became a fucking monster compared to the USD (see graph).

USDCHF:

BB said: The secret of the successful eurosocialist nations is their trade surpluses, and you can only have a trade surplus if you run a "weak" currency regime.
I'm a bit skeptical, but could be convinced. My understanding was they run trade surpluses in spite of having a stronger currency. The eurosocialist automobile manufacturers are building plants in the US because we're so cost competitive. The European Central Bank has joined the currency wars, so maybe it's time to plan that vacation?

Germany had almost a $200B Trade Surplus with ~90M people in a country about the size of Texas.
http://www.reuters.com/article/2013/02/08/germany-trade-idUSL5N0B82DI20130208

Compare to the US, with about a $550B Trade Deficit and more than 300M People.

Where does the money to pay for the past few decades of trade deficits come from? Private Lending, I suppose. This is really not so great for the economy, but the Elite does not care as the Elite is no longer composed of manufacturers, but is overwhelmingly Financial.

So as long as interest is paid and they can own assets at home and abroad, they really don't give a shit about fixing a deficit, especially if it might mean curbing lending at all.

Walter Williams and the rest of the Heritage/George Mason gang claim that selling to Zimbabwe or India makes up for Chinese imports. As you can see from the chart, when you have a half trillion dollar annual deficit, this is not the case.. At some point, if you don't sell, you can no longer buy. That day might be long off, but it will come.

I should also add, you won't see a weak dollar in a country where the biggest companies are the biggest importers (Walmart, Apple) or want to buy foreign infrastructure and productive assets (Bechtel).