Biden/Warren Democratic Ticket? — World Stock Markets Crash! — Trump Breaks New Ceiling in Polls — Trump A Leader — Political Elitist Establishment Panic — American People Want To Make America Great Again — Vidoes

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The Pronk Pops Show Podcasts

Pronk Pops Show 520: August 24, 2015 

Pronk Pops Show 519: August 21, 2015 

Pronk Pops Show 518: August 20, 2015  

Pronk Pops Show 517: August 19, 2015 

Pronk Pops Show 516: August 18, 2015

Pronk Pops Show 515: August 17, 2015

Pronk Pops Show 514: August 14, 2015

Pronk Pops Show 513: August 13, 2015

Pronk Pops Show 512: August 12, 2015

Pronk Pops Show 511: August 11, 2015

Pronk Pops Show 510: August 10, 2015

Pronk Pops Show 509: July 24, 2015

Pronk Pops Show 508: July 20, 2015

Pronk Pops Show 507: July 17, 2015

Pronk Pops Show 506: July 16, 2015

Pronk Pops Show 505: July 15, 2015

Pronk Pops Show 504: July 14, 2015

Pronk Pops Show 503: July 13, 2015

Pronk Pops Show 502: July 10, 2015

Pronk Pops Show 501: July 9, 2015

Pronk Pops Show 500: July 8, 2015

Pronk Pops Show 499: July 6, 2015

Pronk Pops Show 498: July 2, 2015

Pronk Pops Show 497: July 1, 2015

Pronk Pops Show 496: June 30, 2015

Pronk Pops Show 495: June 29, 2015

Pronk Pops Show 494: June 26, 2015

Pronk Pops Show 493: June 25, 2015

Pronk Pops Show 492: June 24, 2015

Pronk Pops Show 491: June 23, 2015

Pronk Pops Show 490: June 22, 2015

Pronk Pops Show 489: June 19, 2015

Pronk Pops Show 488: June 18, 2015

Pronk Pops Show 487: June 17, 2015

Pronk Pops Show 486; June 16, 2015

Pronk Pops Show 485: June 15, 2015

Pronk Pops Show 484: June 12, 2015

Pronk Pops Show 483: June 11, 2015

Pronk Pops Show 482; June 10, 2015

Pronk Pops Show 481: June 9, 2015

Pronk Pops Show 480: June 8, 2015

Pronk Pops Show 479: June 5, 2015

Pronk Pops Show 478: June 4, 2015

Pronk Pops Show 477: June 3, 2015

Pronk Pops Show 476: June 2, 2015

Pronk Pops Show 475: June 1, 2015

Pronk Pops Show 474; May 29, 2015

Pronk Pops Show 473: May 28, 2015

Pronk Pops Show 472: May 27, 2015

Pronk Pops Show 471: May 26, 2015

Pronk Pops Show 470: May 22, 2015

Pronk Pops Show 469: May 21, 2015

Pronk Pops Show 468: May 20, 2015

Pronk Pops Show 467: May 19, 2015

Pronk Pops Show 466: May 18, 2015

Pronk Pops Show 465: May 15, 2015

Pronk Pops Show 464; May 14, 2015

Pronk Pops Show 463; May 13, 2015

Pronk Pops Show 462: May 8, 2015

Pronk Pops Show 461: May 7, 2015

Pronk Pops Show 460; May 6, 2015

Pronk Pops Show 459: May 4, 2015

Pronk Pops Show 458: May 1, 2015

Story 1: Biden/Warren Democratic Ticket? — World Stock Markets Crash! — Trump Breaks New Ceiling in Polls — Trump A Leader — Political Elitist Establishment Panic — American People Want To Make America Great Again — Vidoes

Rudyard Kipling “If” Poem animation

(‘Brother Square-Toes’—Rewards and Fairies)

If you can keep your head when all about you
    Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
    But make allowance for their doubting too;
If you can wait and not be tired by waiting,
    Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
    And yet don’t look too good, nor talk too wise:
If you can dream—and not make dreams your master;
    If you can think—and not make thoughts your aim;
If you can meet with Triumph and Disaster
    And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
    Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
    And stoop and build ’em up with worn-out tools:
If you can make one heap of all your winnings
    And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
    And never breathe a word about your loss;
If you can force your heart and nerve and sinew
    To serve your turn long after they are gone,
And so hold on when there is nothing in you
    Except the Will which says to them: ‘Hold on!’
If you can talk with crowds and keep your virtue,
    Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
    If all men count with you, but none too much;
If you can fill the unforgiving minute
    With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
    And—which is more—you’ll be a Man, my son!
http://www.poetryfoundation.org/poem/175772
Monday, August 24
Race/Topic   (Click to Sort) Poll Results Spread
President Obama Job Approval Gallup Approve 45, Disapprove 51 Disapprove +6
President Obama Job Approval Rasmussen Reports Approve 45, Disapprove 54 Disapprove +9
Direction of Country Rasmussen Reports Right Direction 27, Wrong Track 66 Wrong Track +39
Friday, August 21

2016 Republican Presidential Nomination

Polling Data

Poll Date Trump Bush Carson Walker Rubio Cruz Fiorina Paul Kasich Huckabee Christie Perry Santorum Jindal Graham Spread
RCP Average 8/9 – 8/16 22.0 10.7 9.7 7.7 7.3 7.3 6.3 4.3 4.3 4.3 3.3 1.3 1.0 0.7 0.3 Trump +11.3
CNN/ORC 8/13 – 8/16 24 13 9 8 8 5 5 6 5 4 3 2 1 0 0 Trump +11
FOX News 8/11 – 8/13 25 9 12 6 4 10 5 3 4 6 3 1 1 1 0 Trump +13
Rasmussen 8/9 – 8/10 17 10 8 9 10 7 9 4 4 3 4 1 1 1 1 Trump +7

All 2016 Republican Presidential Nomination Polling Data

Peter Schiff Economic Collapse Headed for U S in 2015

Will Wall Street’s rough week prove an overdue correction?

Keiser Report: $32 trillion in pointless trading (E799)

Gordon Chang on the China Problem

Gordon Chang – A Lot Of People Are Losing Substantial Amounts In China – 20 Aug 15 | Gazunda

Keiser Report: Planet Ponzi dwarfing world’s economy (E795)

Keiser Report: China Mainland MSM Myths (E704)

Is China’s Economy On The Verge Of Collapse?

Alex Jones & Max Keiser – American Economic Crisis! Dollar Collapse Imminent!

Why China is Panicking About the Stock Market Crash | China Uncensored

China Reality Check: Has the Hard Landing in China Already Started?

China’s economic growth rate fell to 7.4% in 2014, and many believe the official figure is actually more generous than the reality. Most forecasts expect growth to come in well under 7.0% in 2015. What are we to make of these trends? Are we at the beginning of a hard landing where the long history of structural inefficiencies are finally and inescapably being revealed and the possibilities of a financial crisis more ever looming? Or are we in a gradual shift toward a “new normal” of healthier and still relatively robust growth as a result of foresighted policy adjustments? Or is something else going on altogether? Anne Stevenson-Yang, co-founder of J Capital Research, is a veteran analyst of the China’s economy and economic policy process. She travels widely in China in order to compare official data with actual behavior and performance. Bob Davis of the Wall Street Journal is a leading expert on macroeconomic policy and recently completed an extended posting in Beijing, where he wrote regularly about China’s economy.

Why 99% of trading is pointless

Published: Aug 1, 2015

An astonishing $32 trillion in securities changes hands every year with no net positive impact for investors, charges Vanguard Group Founder John Bogle.

Meanwhile, corporate finance — the reason Wall Street exists — is just a tiny slice of the total business. The nation’s big investment banks probably could work for less than a week and take the rest of the year off with no real effect on the economy.

“The job of finance is to provide capital to companies. We do it to the tune of $250 billion a year in IPOs and secondary offerings,” Bogle told Time in an interview.
“What else do we do? We encourage investors to trade about $32 trillion a year. So the way I calculate it, 99% of what we do in this industry is people trading with one another, with a gain only to the middleman. It’s a waste of resources.”

Rent seekers

It’s a lot of money, $32 trillion. Nearly double the entire U.S. economy moving from one pocket to another, with a toll-taker in the middle. Most people refer to them as “stock brokers,” but let’s call them what they are — toll-takers and rent-seekers.

Rent-seeking as an occupation is as old as the hills. In exchange for working to build up credentials and relative fluency in the arcane rules of an industry, one gets to stand back from actual work and just collect money.

Ostensibly, the job of a financial adviser is to provide advice. Do you actually get that from your broker? It is worth anything?

Research shows, over and over, that stock brokers can’t do much of anything demonstrably valuable. They don’t know which stocks will go up or down and when. They don’t know which asset classes will outperform this year or next.

Nobody knows. That’s the point. If you’re among that small cadre of extremely high-level traders who can throw loads of cash at a short-term fluke, fantastic. If you have a mind for numbers like Warren Buffett that allows you to buy companies on the cheap and hold them forever, excellent.

If you’re a normal retirement investor trying to get from A to B and retire on time, well, you have a really big problem to face: The toll-taker wants your money.

Dead weight

So he needs you to trade — a lot. Because that’s how stock brokers make money. Not by doling out retirement advice, but by ensuring that your account is active and churning commissions on behalf of them and their employers.

What’s a highway with no traffic on it? If you’re a toll-taker, it’s a money loser. So Wall Street’s rent-seekers need traffic in the form of regular trading. An account that sits invested for months at a time with no trades is dead weight to them.

Nevertheless, as Bogle maintains, doing nothing is the key. “Don’t do something, just stand there!” he has often said.

A portfolio indexing approach to investing codifies Bogle’s time-tested and effective way of investing for retirement — without lining the pockets of toll-taking stock brokers along the way.

http://www.marketwatch.com/story/why-99-of-trading-is-pointless-john-bogle-2015-07-30?link=sfmw_fb

Trump widens lead over U.S. Republican presidential field: Reuters poll

Reuters

Republican Donald Trump is pulling away from the pack in the race for the party’s U.S. presidential nomination, widening his lead over his closest rivals in the past week, a Reuters/Ipsos poll showed on Friday.

Republican voters show no signs they are growing weary of the brash real estate mogul, who has dominated political headlines and the 17-strong Republican presidential field with his tough talk about immigration and insults directed at his political rivals. The candidates are vying to be nominated to represent their party in the November 2016 general election.

Nearly 32 percent of Republicans surveyed online said they backed Trump, up from 24 percent a week earlier, the opinion poll found. Trump had nearly double the support of his closest competitor, former Florida Governor Jeb Bush, who got 16 percent. Retired neurosurgeon Ben Carson was third at 8 percent.

Even when Trump was pitted directly in the poll against just his top two competitors, 44 percent backed him. Bush won about 29 percent of respondents, and Carson 25 percent.

“He’s not taking any guff from anybody,” Dewey Stedman, 70, a Republican from East Wenatchee, Washington, said of the publicity-loving billionaire. “If you don’t have something in your brains, you’re not going to have billions of dollars.”

Trump has driven the debate on the campaign trail with a hard-line immigration plan that calls for the deportation of undocumented immigrants, amendment of the Constitution to end automatic citizenship for all people born in the United States, and construction of a wall along the border with Mexico.

He also has feuded with Bush and other rivals while boasting he could easily beat Democratic front-runner Hillary Clinton.

Trump’s campaign momentum has paid off with bigger crowds on the campaign trail. On Friday night, he moved a planned rally in Mobile, Alabama, to a football stadium seating more than 40,000.

“It is an appeal to people that are just aggravated about what’s going on,” Republican strategist Rich Galen said, adding that Trump is a “novelty act” that voters will tire of.

Friday’s results in the online rolling opinion poll are based on a survey of 501 Republicans and have a credibility interval of plus or minus 5 percent.

Separate results found Clinton leading among Democrats, though support for her dipped below 50 percent to 48.5 percent.

U.S. Senator Bernie Sanders of Vermont came in second in the poll of 625 Democrats, followed by Vice President Joe Biden, who has not entered the race. That survey had a credibility interval of plus or minus 4.5 percent.

http://news.yahoo.com/trump-widens-lead-over-u-republican-presidential-field-224439794.html

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