America

CNN’s tale of contradictory titles

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In the same article – CNN make the inference that this Colorado couple are “now fighting to keep her from being deported” yet after opening the article it is titled  “Colorado couple wins battle” What a disgracefully misleading piece which we’ll discover was all to do with obtaining sufficient documentation with respect to legal custody rather than racist immigration officials executing this administration’s draconian rule.

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The inference was to take a potshot at the Trump administration for being insensitive jackbooted alt-right nutjobs when the reality is that the laws and processes that would have been required to get the child’s adoption approved would apply to everyone.

In any event she was “approved” hence making the dramatics of attacking the system a total falsehood. She had initially been rejected because according to CNN:

In its August 8 denial, the immigration agency said the couple “failed to demonstrate” that they had “legal custody” of Angela for two years before filing the petition for citizenship, Angela Becerra said.

Who would honestly censure a government agency that wanted to prevent any risk of child trafficking by demanding such proof? So typical of the garbage reporting we face today and why CNN is suffering in the ratings war. Stop insulting people’s intelligence if you want credibility, which amazingly leads to ratings!

Monkey Dust

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Monkey Dust is the latest drug to hit the streets in the UK turning users into zombies. Monkey Dust is the street name for Methylenedioxy-α-pyrrolidinohexiophenone or MDPHP. It is a synthetic drug made from bath salts which contain MDPHP. The off-white powder can be swallowed, injected or snorted, and can cost as little as two pounds. Effects of the drug can last several days and only requires doses as little as 3 milligrams to get a hit.

The drug makes users feel empowered, super human, paranoid and subject to eating their own flesh or throwing themselves in front of cars or off buildings. Users give off a sweat smell close to prawns and vinegar and feel no pain. Monkey Dust is also addictive.

Staffordshire Police said it had 950 reports in three months or roughly 10 a day. Ambulance crews reveal a lot of call outs are to revive users from heart attacks or strokes. For drug companies these addictions can be big business.

Across the pond, the total number of U.S. overdose deaths involving heroin from 2002 to 2015 show a 6.2-fold increase in the total number of deaths over the period. Automobiles killed around 32,000 people last year or a little over 2x that of heroin overdoses. When adding non-methadone opioids (illicit fentanyl) overdose that number surged to 20,000, a 33% YoY jump on 2014 and 5.9x 2002.

According to the National Institute on Drug Abuse (NIDA), “Suicide rates in the military were traditionally lower than among civilians in the same age range, but in 2004 the suicide rate in the U.S. Army began to climb, surpassing the civilian rate in 2008. Substance use is involved in many of these suicides. The 2010 report of the Army Suicide Prevention Task Force found that 29 percent of active duty Army suicides from fiscal year (FY) 2005 to FY 2009 involved alcohol or drug use; and in 2009, prescription drugs were involved in almost one third of them.”

As opioid overdoses rise, companies such as Adapt Pharma have seen sharp rises in the sales of products like Narcan (Naloxone) which basically revives victims from the dead. Narcan publicizes its price that is even insured meaning one can overdose and revive with a $10 co-payment.

“94% of insured lives in the US have coverage for NARCAN® Nasal Spray*. According to IMS Health, nearly three quarters (74%) of prescriptions for NARCAN® Nasal Spray have a co-pay of $10 or less**. For those paying cash, ADAPT Pharma has partnered with retail pharmacies to reduce out of pocket costs (Retail is $62.50/dose)…To expand community access, NARCAN® Nasal Spray is available to all qualified group purchasers for $37.50 per 4mg dose ($75 per carton of 2 doses). This pricing is available for all Qualified Group Purchasers, such as first responders (EMS, Fire Department, Police), community organizations and Departments of Health, regardless of size. This pricing represents a 40% discount off the Wholesale Acquisition Cost (WAC) of $125 per carton.”

Price hikes have been a feature of naloxene. As of January 2015, Amphastar’s version of naloxone was up to $41 a dose, according to Fierce Pharma, a pharmaceutical industry news website. That follows a price increase from $17 to $33 a dose back in October 2014, according to data provided by Truven Health Analytics. So not only is volume spiking, so is price. Walgreens has expanded the availability of prescription-free naloxone to 33 states.

West Virginia health officials are responding to opioid overdoses by distributing more than 8,000 kits with Naloxone that can get people breathing again if administered in time. Money for the kits comes from a $1 million federal grant to West Virginia, which has had the nation’s highest rate of overdose deaths at 41.5/100,000 people.

Local emergency medical services agencies in West Virginia administered 4,186 doses of Naloxone in 2016, up from 3,351 the year before and 2,165 two years ago and that data doesn’t include uses by hospital emergency departments, urgent care centers, first responders and family members.

There is a conundrum for narcotics suppliers as such synthetic drugs cause new markets enabling bigger highs from cheaper DIY ingredients. On the flip side, pharma companies stand to cash in  from our ability to poison ourselves with designer drugs. Monkey magic from monkey dust.

Ohio – 170 voters aged above 116. Some 200yo

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Victory at all costs? Seems like 170 registered voters in Ohio are aged north of 116. Interesting in that the oldest person in the world is 115. In fact, there are many voters on Ohio’s rolls that list their birthdays as Jan. 1, 1800, making them 218 years old. Is Ohio the secret to long life?

Democrats have fought hard to prevent legislation to stop voter fraud. In June, the Supreme Court ruled 5-4 in favour of Ohio’s system which will purge ineligible voters from the electoral rolls.

Ohio has voted for the winner in presidential races in twenty-eight out of the last thirty elections.

In Tuesday’s special election for Ohio’s 12th Congressional District, Republican Troy Balderson won by around around 1,600 votes with 3,000 provisional votes yet to be counted.

Musk to be investigated by SEC over tweets

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CM has always thought that Elon Musk is the ultimate salesman. CM has also wrote that the biggest risk to being a short seller was then”cult” status of the company. On any rational investment grounds the stock is ridiculously priced but as the old adage goes, “the market can stay irrational longer than you can remain solvent!

Tesla is a car company that is worth more than GM, Ford & FiatChrysler combined. One that trades at 5x Daimler in valuation terms, a luxury competitor that is in the sweet spot of its product line up and rudely profitable.

Back in June, Musk bought $35mn worth of shares in Tesla. The whole idea that someone is willing to fork out $75bn on a whim seems somewhat implausible. Is it safe to assume that all of 100s of lawyers, bankers and brokers would need a little bit of time to prepare the necessary documentation to cement such a ridiculous sum? Or is money now just so free and easy that a billionaire deploys a vault full of cash loaded full of Zero Halliburtons into a private jet after a few phone calls?

SEC enforcement attorneys had already been gathering general information about Tesla’s public statements on manufacturing goals and sales targets. Now SEC attorneys are investigating whether his tweets about securing funding were factual.

CM is not accusing Musk of insider trading albeit as a matter of course the SEC should investigate when he knew about his mega financier. One wonders how it is that we know so little about the buyer, the term sheet, the question of shareholder approval and how “secure” it is? Taking it private will remove the lens of quarterly reporting but it doesn’t remove the fact of how dreadfully the company is run or how amateur production is. Even if public scrutiny is removed, the problems of profitability don’t disappear and the need for funds, credit ratings etc if he taps public markets for debt capital remain.

If Musk pulls it all off and the company becomes a roaring success then CM will gladly eat a whole humble pie and openly admit it was wrong.

As to the SEC investigation let’s hope it has learnt the lessons of its bumbling incompetency over Bernie Madoff and doesn’t miss anything that might be bleeding obvious.

Pathetically Priceless

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Double standards are a strong feature of the liberal elites and Hollywood. Instead of living up to the Chanber of Commerce’s view that it does not remove stars over public backlash by citing  historical landmark status., when it comes to Trump all bets are off. While Bill Cosby, a convicted rapist, keeps his Hollywood star, Trump’s disturbing treatment of women (locker room talk and allegations of paying porn stars) is deemed a more heinous crime. Liberal logic.

The response to Trump

The resolution on which the West Hollywood City Council voted urged the removal of Mr. Trump’s star “due to his disturbing treatment of women and other actions that do not meet the shared values of the City of West Hollywood, the region, state, and country.

The Washington Time reports, “Among other things, the council’s staff report cites Mr. Trump’s border-security policies [an Obama era policy], his stance on climate change [Paris is non binding and the biggest polluters are doing next to nothing], the Vladimir Putin summit [since when did the Hollywood City Council enforce foreign policy?], and policies on transgenderism.”  

In effect, the Council endorses vandalism and destruction of public property.  Why not burn down Trump Tower or run an excavator  over the pristine greens of Mar-a-lago?

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The Response to defacing of Bill Cosby’s star

In response, the Hollywood Chamber of Commerce released a statement politely asking fans not to deface anyone’s stars, no matter how many rapes they may be accused of: “When people are unhappy with one of our honorees, we would hope that they would project their anger in more positive ways. 

Probably stands to reason for an industry that turned a blind eye to decades of  #MeToo antics because it self-served their careers would vote for someone that has outed them for the blatant hypocrites they are. Bill Cosby’s star will likely be defended with the fervor of the NYT backing Sarah Jeong. Why not replace Trump’s star for Jeong? Strike will the pick axe is hot!

It is just a star but symbolic of the radical left’s standards that it’s the side that matters, not the principle. We should be happy that the left champion victories like this. Ever more sanctimonious preaching of the highest moral standards to the masses who already have such low opinions of them most are suffering from vertigo – remember this?

Trump Derangement Syndrome is a national health crisis. Perhaps POTUS should direct billions to help fund a cure. Otherwise poor old taxpayers will need to fork out for even more property damage.

Harassing “soft fascists”

Good to to see conservative journalists get harassed out of a restaurant in Philly after being spotted by leftist activists who one man qualifies them as “soft-fascists.” Even nicer to see these protestors open up to debating these soft fascists with superior intellectual acumen. No, just scream chants through microphones, blow whistles and yell obscenities. This will undoubtedly stop the #WalkAway campaign dead in its tracks. CM wonders if any Democrat voters were trying to enjoy their breakfast?

Maxine Waters would be proud of these freedom fighters. Or is this what a Russian bot actually looks like? Repeating totalitarian slogans on a loop.

Thankfully WaPo’s fact checkers cleared Huckabee Sander’s audacious claim

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When CNN’s Jim Acosta demanded White House Spokeswoman Sarah Huckabee Sanders apologize for the administration’s stance that the media is the “enemy of the people”, she claimed one reporter “wanted to choke her”. Thankfully WaPo fact checkers cleared up her misrepresentation quoting they only wanted to “wring her neck. ” Huckabee Sanders is just so irresponsible to make such audacious claims.