Steve's barking; Hedge Fund owners as Gangstas

What's a gangsta, it's a modern term used in hip hop for dug dealers.
How do I have the audacity to compare drug dealers to hedge fun operators.
Let's start that they both deal in human misery, for momentary highs.
One by selling dope the other by selling hope, but after all is said and done, the hope of the worker generally needs life support, true of the doper.
The man at the top of chain in hedge funds gives money to the community in the form of donations to hospitals, universities and possibly the arts.
The drug dealer or as better know as the gangsta donates to the ghetto and the projects in he form of free food on the holidays, fireworks, helping hip hop artist, and maybe even helping a local with money for school.


Why sell dope or having a hedge fund?
As Willie Sutton used to say, that's were the money is.

Steve's barking; Why does the Fed have to Raise I t's interest rate?

I keep hearing that the Federal Reserve Board has to raise it's interest rate..
My question is why?
Is it because the Fed governors show that they are doing something?
There are those who claim that raising the rates help stave off inflation, but depending on the situation raising interest rates is inflationary in itself.( Inflating the cost of money).

Speaking of the Fed's I believe I heard some person say that when the Fed sells release the bonds to the general market a major problem would exist in the bond market. My question is we're is it written that the Federal Reserve board has to sell back bonds. Heck if it keeps the bonds in real terms it reduces the federal deficit.
( The Feds at the end of the day would give the money to the treasury. I understand that a very difficult thing to understand).

Steve's barking; The burning of wealth

Wealth is burning all over the world.
The stock markets are in decline.
Commodities are in decline.
It therefore stands to reason that wealth is in decline.
When wealth is in decline one can reasonably presume that money is being burned, or to put it another way it's harder to borrow against ones assets. In an abstract way the money supply is dwindling. Even printing money might not increase the money supply.

Now I'll bet my bottom dollar that most if not all will not understand the above paragraph, that's what I get for having an abstract mind.

Steve's barking; Cap maximize campaign spending.

I have a great idea for campaign financing, let's put a cap on the amount of money a candidate can spend on his campaign.
For the president, one can spend only $1,000,000 dollars per state or $50,000,000 altogether.
For the general election $2,000,000 per state or $100,000,000 altogether. Now I don't know about the the rest of America but to me that's a whole sh*t load of money. If a candidate can't budget his or her campaign to spend that kind of money how can that person budget the United States.
While I'm at it, if a group of people libel a candidate, then those who put up the money for the libel should be accountable for any judgement of a libel law suit.

I have an other idea, candidates can only collect $50,000,000 and any overage goes to the U.S. Treasury.
The same is true for any candidate who collects over $100,000,000 for the general, any excess goes to the U.S. Treasury.

Steve's barking; China devalues it currency and imports to China from the U.S. Stays the same?

Today and yesterday China devalued it currency.
The U.S. Markets seem to think it's a terrible thing.
The Chinese consumer has less money to spend on imported goods.
Maybe, maybe not.
Let's say that when all is said and done China devalues it's currency by 5 percentage.
This year wages in China go up 5 percent or perhaps a little more.
The Chinese consumer feels good about his paycheck, psychology he or she's inclined to spend a little more. Because wages and and currency devaluation are a wash, the cost of import goods stay the
same.
Businesses profits appear to be going up, so,the need to,buy more equipment to keep up,with demand, borrowing dollars from the government, buying more factory equipment from exporting countries. If this is true then this is a good thing for all.
Now I have no way of knowing if my hypothesis is true, only the China government knows why they really devalue their currency, and if their anything like the U.S government their not even sure.

Steve's barking; To Donald or not to Donald

Thursday I saw a very entertaining show called the Republican debate staring Donald Trump as himself.
Why it was called a debate I'll never know, as all the combatants said pretty much the same bla, bla bla, and I am better at being a doofus then anybody else in this room.
Now let me put my two cents plain in what I think about this Rebublican primary season especially for news people.
The nomination process is a marathon not a sprint.
It doesn't matter the number of popular votes one gets, it's the number of delegates.
Just because one candidates has great pole numbers doesn't mean that those who are polled will actually vote.

The only candidate that seems to want to lead is this fellow on the Democrat side Bernie Sanders.
He doesn't talk in generalizations. He wants to fix Social Security by ending the cap on tax that one pays on salary going into  Social Security. Having Medicare for all. Etc.etc. ect.

Mr. Trump wants to put up a wall between the United States and Mexico. I can see (hear) it now, after the wall is put up Vladimir Putin comes to Mexico and and says Mr. Trump tear down this wall.

I've been as asked what's with this Trump guy, why is he behaving the way he is?
My reply is I guess one behaves that way when one had unprotected sex and refuses to get a penicillin shot to clear it up.

Now being a doofus doesn't make you stupid, it just makes you a jerk.
One can be stupid and also be a jerk at the same time. That makes one a stupid jerk.

Steve's barking; If the U.S. Congress votes against the Iran deal.

Now let me get this straight, right now we have sanctions against Iran to stop it from developing the bomb as in nuclear.
The negotiation lifting the sanctions so that Iran can be inspected as to not be building the bombs is to go to the UN.
Now This is what I'm trying to understand, if the UN says it's yes but the U.S. Congress says no, every country under the sun except the U.S. can trade with Iran. The U.S. would no say in the
inspections of Iran, now that doesn't seem very bright to me.
What happens to our companies who want to trade with Iran? Are they left out in the cold, or do they us their foreign subsidiaries and to paraphrase a character on Steinfeld (the soup nazi) no tax for you.