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    • Five Hundred Million Dollar Negative Yield Bond Issued
      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bond, investors did. But central bank purchases of […]
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Ohhh, I get it now. It was the WaVe. 

A lot of people are scratching their heads about why Comey sent that letter, a letter that will live in Infamy, 10 days before the most important election of our lifetimes. The email thing is so outrageous. Just think about it. There’s no evidence that Hillary sent or received this email on her personal server. There’s no indication that the FBI found any classified material, which would be the only possible reason I can think of why they want to sift through hundreds of thousands of email.

There’s no suggestion that Hillary did anything criminal.

By the way, how is she supposed to pick a cabinet if each one of her choices is going to be subjected to this lunacy? How about her friends and acquaintances? Heck, she’s sent me a TON of email. Is my laptop next?

Anyway, Harry Reid said today that Comey had investigated and found that Russia is trying to influence our election and he refused to announce that becauussse…

He didn’t want to make an announcement on that so close to the election.

Hummph.

So, why write this vague and disturbing email letter to make Clinton look bad but hold back on the Russian Connection to the Trump campaign?

I’m sure it must be obvious by now.

Think back about a week ago. The Hillary supporters were shaking their geritol bottles a little too noisily because the polls put Hillary up to 14 points ahead of her opponent. I had to warn off some giddy twitter friends because we don’t want to look too confident or voters will stay home.

But more than that, it looked like the Democrats could take the Senate AND the House. I know, right? That prospect was making even me a little faint.

You can bet that Paul Ryan and what’s his face Chaffetz were none too pleased by that. And think of the conservative FBI agents who have an interest in preserving the status quo in Congress. They think Republicans are law and order types.

Stop laughing. I’m serious.

The Republicans looked at the lead she had and saw their date with destiny. If she had all three branches, well, she could just pitch that incremental shit and go for the full Scandanavian reconstruction of the American economy and society.

Imagine a country where family leave is fully paid for 6 months, where all children no matter their color or background start life sleeping in the American version of Finnish Baby Boxes.  Imagine a country where all citizens have access to Medicare, where genuinely highly skilled immigrants get a green card to keep wages high and where billionaires pay taxes for really reelz.

That must have given Republicans an existential moment.

I’m not sure what kind of pressure they applied to get Comey to write that letter but it must have been intense.

Whatever it was, I hope Comey and his squad of Eliot Ness wannabes (yeah, yeah, Ness was treasury. So what) have been rewriting their CVs. I’m betting that Obama is going to clean house on 11/9.

Yeah, let’s watch the Republican melt down during the lame duck session about the rout of the FBI. Get your tiny violins.

In other news, Democrats are flocking to the polls like gangbusters in Austin, Texas and elsewhere around the country. So, this ill conceived email bomb might be a squib.

What will Donald do? He’s going to have to double down. It’s not over yet and I have a feeling that if psyching is out doesn’t work, they might have to break out the thuggery.

Hold hands, stay out of dark alleys and vote together. We’re almost there.

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