Wussie World

Many changes have occurred in the past few years. One is the gelding class of males known as Snowflakes. This group of “shemales” should be actually named steers. One thing they will find out is the meek do not inherit the earth. They inherit a small space in the slave pens.

Dresses for men is now touted as the new fashion. If it’s a kilt, sporran and claymore that’s acceptable. Something in chiffon with a pink pussy hat, stuff it. These young twits have not a clue.

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The Millennials

Believe some of what you hear and only what you actually see.

Senior Hillary Adviser Tells Students He’s Nervous They Will Like The Tax Cuts And Vote Republican

One of Hillary Clinton’s longest-serving, most-trusted political advisers is deeply worried that young voters will see more money in their bank accounts after the GOP tax cuts and therefore consider voting Republican. [snip]

Reines speculated that someone like Bernie Sanders or Elizabeth Warren would be good at tapping youth enthusiasm but went on to say he is fearful that Trump and GOP policies will begin to animate millennials, specifically when they see their taxes go down.

Donald Trump and his people want everyone to shut up, get over the election, Hillary Clinton go away, that’s in their best interest, but that’s not how it works. We are supposed to oppose what we disagree with. And I hope millennials don’t fall into a lull of accepting, this is what it is. God knows how many of them will see their taxes go down and base it just on that. But yeah, they are a key demographic that voted oddly in 2016, and I am not sure people understand how to get them to vote productively. In 2020.

God forbid.

Let us see how many of them are working, not sitting in Mom’s basement. Tax cuts mean nothing to someone with no income.

Snowflakes on Parade

How often have you heard that the Millennials can’t get worthwhile employment after graduating from institutions purporting to educate them. They have spent a large sum of money for their course of study. Why then the difficulty in finding gainful work.

Perhaps it is the type of courses pursued and the thrust of the academic leaning that is at fault.
Let us examine their course load.

  • ‘The Phallus’~ Occidental Collge:
    A seminar in critical theory and social justice, this class examines Sigmund Freud, phallologocentrism and the lesbian phallus.
  • ‘Queer Musicology’ ~ UCLA:
    This course welcomes students from all disciplines to study what it calls an “unruly discourse” on the subject, understood through the works of Cole Porter, Pussy Tourette and John Cage.
  • ‘Taking Marx Seriously’~ Amherst College:
    This advanced seminar for 15 students examines whether Karl Marx still matters despite the countless interpretations and applications of his ideas, or whether the world has entered a post-Marxist era.
  • ‘Adultery Novel’ ~ University of Pennsylvania:
    Falling in the newly named “gender, culture and society” major, this course examines novels and films of adultery such as “Madame Bovary” and “The Graduate” through Marxist, Freudian and feminist lenses.
  • ‘Blackness’ ~ Occidental College:
    Critical race theory and the idea of “post-blackness” are among the topics covered in this seminar course examining racial identity. A course on whiteness is a prerequisite.
  • ‘Border Crossings, Borderlands: Transnational Feminist Perspectives on Immigration’~ University of Washington:
    This women studies department offering takes a new look at recent immigration debates in the U.S., integrating questions of race and gender while also looking at the role of the war on terror.
  • ‘Whiteness: The Other Side of Racism’ ~ Mount Holyoke College:
    The educational studies department offers this first-year, writing-intensive seminar asking whether whiteness is “an identity, an ideology, a radicalized social system,” and how it relates to racism.
  • ‘Native American Feminisms’ ~ University of Michigan:
    The women’s studies and American culture departments offer this course on contemporary Native American feminism, including its development and its relation to struggles for land.
  • ‘”Mail Order Brides?” Understanding the Philippines in Southeast Asian Context’ ~ Johns Hopkins University:
    This history course — cross-listed with anthropology, political science and studies of women, gender and sexuality — is limited to 35 students and asks for an anthropology course as a prerequisite.
  • ‘Cyberfeminism’ ~ Cornell University:
    Cornell’s art history department offers this seminar looking at art produced under the influence of feminism, post-feminism and the Internet.
  • ‘American Dreams/American Realities’ ~ Duke University:
    Part of Duke’s Hart Leadership Program that prepares students for public service, this history course looks at American myths, from “city on the hill” to “foreign devil,” in shaping American history.
  • ‘Nonviolent Responses to Terrorism’ ~ Swarthmore College: Swarthmore’s “peace and conflict studies” program offers this course that “will deconstruct ‘terrorism’ ” and “study the dynamics of cultural marginalization” while seeking alternatives to violence.

Collectivist Banking

Playing the Bitcoin market? Your odds are better playing Russian Roulette.

Who Regulates Bitcoin Trading? No U.S. Agency Has Jurisdiction

Investors are frantically trying to learn everything they can about bitcoin—and so are regulators.

Furious trading in cryptocurrencies is testing many in the Trump administration who are eager to embrace financial innovation, after nearly a decade of tighter clamps on risk-taking put in place after the 2008 financial crisis.

The Commodity Futures Trading Commission, the agency with closest oversight of bitcoin trading, began the year by launching an in-house lab to encourage advances in blockchain, the technology that underpins digital currencies. Yet the regulator recently sounded an alarm on bitcoin itself, noting most exchanges are completely unregulated while the cryptocurrency is prone to wild price swings and potential flash crashes.

The CFTC has labeled bitcoin a commodity, but as with other commodities, the agency mostly lacks jurisdiction over the primary market: It regulates corn futures contracts but not the buying and selling of corn itself, for instance. As a result, bitcoin exchanges don’t have to tell participants how they operate, such as whether they offer preferential access to certain traders. [snip]

Many issuers say their tokens will trade, just like cryptocurrencies, on platforms that function as exchanges. There are now so many tokens trading that some securities lawyers say the landscape resembles the market for micro-cap companies, thinly traded stocks that are easily manipulated by promoters and pump-and-dump artists.

“When there is a lot of money in the space, you get well-meaning entrepreneurs and you get charlatans only looking to scalp, and pump and dump, and flip ICOs,” said Chris Padovano, a New York attorney specializing in advising blockchain-based businesses.

While many cryptocurrency and token exchanges are based overseas, SEC officials believe their authority can extend beyond U.S. borders, according to people familiar with the matter. The issue would turn on whether an exchange solicited U.S. investors or knew its activity would attract U.S. participants, the people said.

Other countries have also stepped up scrutiny of ICOs. China banned them in September, as part of a broader crackdown on cryptocurrencies. Regulators in Hong Kong and Singapore have also warned against ICOs, citing concerns about fraud, money laundering and terrorist financing. South Korean regulators have said they would ban ICOs, without giving details.

Idiot’s Corner

Friday Dec 22 was the first shock on the Bitcoin market.

Bitcoin swings wildly as its price plunges

The price of bitcoin dropped more than $4,600 on Friday, sparking fears that a major crash in the world’s biggest cryptocurrency could be underway.

By 2.20 p.m. GMT (9:2o a.m. ET) the price of one bitcoin was down almost 30%, or $4,680, to trade below $11,000.

But by 4.30 p.m. GMT (11.30 a.m. ET) it had recovered a little, trading just 20% lower, as the chart below illustrates:

At its lowest point so far on Friday, bitcoin was down as much as 45% from its recent high of nearly $20,000.

As is often the case with large-scale moves in either direction for bitcoin, there doesn’t seem to be any obvious catalyst for the sell-off. But given the general lack of liquidity in the market, small moves can turn into big ones very quickly.

Earlier in the week, bitcoin’s price started to plunge after one of the founders of the influential website Bitcoin.com announced he would sell his stake in bitcoin.

Unlike more traditional markets, bitcoin has no mechanism to halt trading when there are large losses in its value. These are known as circuit breakers, and they automatically pause trading when assets fall by a set percentage.

As Business Insider Australia’s Paul Colgan and David Scutt pointed out, Friday’s sell-off has had a ripple effect on other major cryptocurrencies.

“The price action appears to be spilling over into other cryptocurrencies, with the second-largest by overall market value, Ethereum, down 26%, and bitcoin spinoff bitcoin cash — which was moving in the opposite direction to bitcoin earlier this week — down a whopping 38% in 24 hours, according to CoinMarketCap,” they wrote.

Earlier this week, Garrick Hileman, an economic historian at the University of Cambridge, told Business Insider he thought cryptocurrencies could trigger the next financial crisis if they became a systemic risk to the financial system.

We saw this move over the wires late Friday and a posting on Drudge showed up in the PM. By no means is this shake out over. Like any other fiat currency, there isn’t a sugar coated donuts worth of value backing this marker.
If you own bitcoin and got in early, get out and take your profits; in last cut your losses.

A Merry Socialist Christmas

Moments in Religion