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Daniel Tobias
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Best analysis of the political system I've seen. Changed my perspective.

The Federal Reserve should monitor systemic exposure across the banking industry for each asset type (real estate, auto loans, credit cards, small business loans, stocks, etc) and require extra cash reserves from banks based on their exposure to asset types with high systemic exposure. So the Federal Reserve does not try to determine the risk associated with an asset type, it simply monitors how widely held it is within the banking sector. For example, if an individual bank is highly exposed to auto loans, that wouldn't require extra cash reserves unless the banking sector in general were also highly exposed to auto loans. If auto loan exposure were systemic, extra cash reserves would be required from each bank based on their respective auto loan exposure. 

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Hey that's me +NY Times​
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President Eisenhower's Warning Of Military Expansion, 50 Years Later

"In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists, and will persist. We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals so that security and liberty may prosper together."


http://www.npr.org/2011/01/17/132942244/ikes-warning-of-military-expansion-50-years-later

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The Trade Deficit Isn’t a Scorecard, and Cutting It Won’t Make America Great Again http://nyti.ms/22QZrIk

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Let's talk about sesame street 
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Hope we're adding to the strategic oil reserves at these prices... 

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Costa Rica
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Thoughts on Europe:

Create European standards for social programs that at least 2/3 of European countries approve of. Fund those programs with European taxes and Euro bonds. If a country wants to provide additional social support for their citizens, they can fund it themselves with their own taxes and bonds. But country-specific bonds aren't guaranteed by the rest of Europe. In fact, it needs to be illegal to bailout a country. This needs to be explicitly clear and iron clad. It's important that investors believe their investment is at risk so that they demand an appropriate interest rate. This way, if a country is reckless with their finances, investors will demand a higher interest rate. The discipline imposed by high interest rates is automatically enforced. Government has no choice but to cut spending and/or raise taxes when investors stop lending. Hopefully the fear of this automatic austerity prevents reckless spending.

If a country does find itself in a situation where investors refuse to lend, or demand rates that are unpayable, and government is forced to cut spending and/or raise taxes, at least there is some social support provided by Europe that should prevent a humanitarian crises.

The key, again, is that investors believe their investment is at risk (these bailouts aren't helping). That means it is illegal to bailout countries, and a country can declare bankruptcy and restructure their debts in bankruptcy court, without being forced to leave the Euro.
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