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DK Analytics, Blog #7: A long train of administrative state abuses continues; what to do?

DISCLAIMER:
This commentary is not intended as investment advice or an investment recommendation. Past performance is not a guarantee of future results. Price and yield are subject to daily change and as of the specified date. Information provided is solely the opinion of the author at the time of writing.  Nothing in the commentary should be construed as a solicitation to buy or sell securities. Information provided has been prepared from sources deemed to be reliable, but is not a complete summary or statement of all available data necessary for making an investment decision.  Liquid securities can fall in value.

 


Noteworthy follow-up news/discussions/cases-in-point


The IRS Scandal, Day 1333:  Republicans Weasel Out Of Impeaching IRS Commissioner John Koskinen by Paul L. Caron

Excerpts: “Conservatives had pushed for impeaching Mr. Koskinen, saying he cannot be allowed to get away with having misled Congress on the investigation into the IRS’s tea party targeting.  But GOP leaders, eager to clean up business and shut down for the year, ahead of a busy 2017, led the push to shunt the impeachment aside. Joined by Democrats, the House voted 342-72 to send the debate back to the Judiciary Committee.”


Excerpts: President Obama’s new Affirmatively Furthering Fair Housing (AFFH) regulation is arguably the most radical, transformative, and potentially controversial initiative that his administration has undertaken to date. Maybe that’s why the mainstream press barely covers it. Now, the Obama administration’s AFFH policy has morphed from “mere” massive regulatory overreach into a bald attempt to quash the freedom of speech of its political opponents. This is truly Orwellian stuff, a frightening demonstration of how the expansionist regulatory state ultimately chokes off political speech itself.

Excerpts: Transgenderism is ultimately about central planning and centralized government, not about protecting the transgender individuals it is currently exploiting for that purpose. Transgenderism is the perfect vehicle to enhance and grow the power of the state.

Excerpts: “The Obama administration’s Housing & Urban Development department is embarking on a social engineering experiment that wipes out one of the fundamental functions of local government – making neighborhood zoning decisions… Specifically, Mr. Obama’s AFFH rule seeks to radically reinvent local zoning laws in the United States – reengineering America neighborhoods based on racial and ethnic quotas… If this sounds Constitutionally-suspect, it should.”

Excerpts: “President Obama proposed 2,224 new regulations just before Thanksgiving, 144 of which are each expected to cost Americans $100 million or more. The regulations span the full scope of American life, ranging from labeling requirements for pet food, new test procedures for battery chargers, mandated paid sick leave for contractors, and automatic speed limiters for trucks to a dozen new rules limiting energy use (and increasing the price) of everything from furnaces and dishwashers to dehumidifiers.”

Excerpts: “The number and cost of government regulations continued to climb in 2014, intensifying Washington’s control over the economy and Americans’ lives. The addition of 27 new major rules pushed the tally for the Obama Administration’s first six years to 184, with scores of other rules in the pipeline. The cost of just these 184 rules is estimated by regulators to be nearly $80 billion annually, although the actual cost of this massive expansion of the administrative state is obscured by the large number of rules for which costs have not been fully quantified. Absent substantial reform, economic growth and individual freedom will continue to suffer. This ninth installment in the ongoing series of “Red Tape Rising” reports measuring trends in rulemaking activity details the enormous regulatory costs under the Obama Administration.”

Excerpts: “The Obama administration’s Clean Power Plan is expected to dramatically affect how Americans get their power. This sort of sweeping policy change should occur through the legislative process, during which amendments to proposed laws are tracked and debated.”

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DK Analytics, Post #6: $4.5trn in assets, $58bn in equity; the contortionist, political Fed

DISCLAIMER:
This commentary is not intended as investment advice or an investment recommendation. Past performance is not a guarantee of future results. Price and yield are subject to daily change and as of the specified date. Information provided is solely the opinion of the author at the time of writing.  Nothing in the commentary should be construed as a solicitation to buy or sell securities. Information provided has been prepared from sources deemed to be reliable, but is not a complete summary or statement of all available data necessary for making an investment decision.  Liquid securities can fall in value.

 


Noteworthy follow-up news/discussions/cases-in-point


 

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DK Analytics, Post #5: How to consider investing today

DISCLAIMER:
This commentary is not intended as investment advice or an investment recommendation. Past performance is not a guarantee of future results. Price and yield are subject to daily change and as of the specified date. Information provided is solely the opinion of the author at the time of writing.  Nothing in the commentary should be construed as a solicitation to buy or sell securities. Information provided has been prepared from sources deemed to be reliable, but is not a complete summary or statement of all available data necessary for making an investment decision.  Liquid securities can fall in value.

 


Noteworthy follow-up news/discussions/cases-in-point


Excerpts: “Did you know that 11 trillion dollars in global stock market wealth was wiped out during the third quarter of 2015?

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