Financial topics

[aedens]

http://finviz.com/groups.ashx?g=sector&v=310&o=name
Watching price signals in sectors, shorting oil with no expectations but dry numbers.
Ankle deep on a few light switch names only since have been raising cash as noted
for just as I anticipated for selects. Was slowly walking out the door for a few months
and slowly will reselect. No reason to fubar the year. I think you are correct on the signal H
and indications are around the nov21st for slippage. I note the man appearing about the 6th
in beta basket watches.

Anyways http://www.newyorkfed.org/markets/tot_o ... edule.html

yea I thought so...

a few are watching tlt then will short em and pomo still has the wheel imo

[John]

It took me a while to put these two dots together.

When the President said that you wouldn't lose your health plan if you
like it, and now says losing it is an unintended consequence, I now
realize that it's an intended consequence.

The "substandard plans" are the ones that young, healthy people buy --
low premiums and little more than catastrophic coverage. The
President had to force these people off of these plans, and force into
the more expensive plans, because these people are main source of
money for Obamacare. So when the President promised that you could
keep your health plan, he knew that he was going to force you off your
health plan, because he needed to confiscate your money.

I also understand that HealthCare.gov consists of about 120 components
written by 50 or so different groups or contractors. In my
experience, the biggest cause of IT disaster is that managers assume
that when the components work individually, then they'll automatically
all work together. Actually, integration takes as much time and money
as the entire rest of the project -- and that's with only 3 or 4
components. An analogy is that you have an architect, a carpenter, a
plumber and an electrician from four different countries, and you want
them to build a house. They speak four different languages, and
they're familiar with four different building codes. There's no way
they can build a house together. Dealing with 120 components is going
to be many man-months of work, because there are at least 120
different interfaces, each with its own security and scalability
issues that obviously have not even been considered up till now.

This software system should have cost $10-25 million, and should have
worked satisfactorily on October 1, even though the product it was
selling is faulty. Instead, it's already cost $300-600 million, and
will cost billions before it's done, which may not happen because I
believe that this is a catastrophe of such magnitude that it will be
necessary to cancel it.

Here's a list of warning signs that were ignored and are still being
ignored:

• Development checkpoints were missed, almost from the beginning.
• There was no focus on integration problems to arise from having
  some 120 components from some 50 programming groups. In my personal
  experience, integration issues are the biggest technical factor in IT
  disasters.
• There was no configuration management.
• The main contractor warned the White House repeatedly, starting
  months in advance, that the web site wasn't ready, and the warnings
  were ignored. The suspicion is that these warnings were perfunctory,
  mainly for legal protection in case anything went wrong. At any rate,
  there's little doubt that the White House did not want to hear this.
  I have no doubt that anyone who was too exuberant in pointing out
  problems would have been quickly and firmly fired.
• A few tests were performed prior to launch. They failed, and were
  ignored.
• Warnings of security breaches were ignored.
• Warnings that "navigators" could be identity thieves or convicts,
  since no background checks were being performed, were ignored.
• Warnings that insurance companies were splitting up markets,
  creating regional monopolies, were ignored.
• Warnings that doctors and hospitals were leaving the program were
  ignored.
• Warnings that most people were signing up for free Medicaid, while
  only the old and sick are signing up for paid Obamacare, are being
  ignored.
• Warnings that prices are spiraling out of control are being
  ignored.

[aedens]

I agree John, no accidents in this. Scan the int news since the russ already pilfered name numbers ect and I left a red smoke link above...
Jindal was correct and appears to be trying to protect his state. 0bama handelers are insane and a wall street
operation. The initial run was done in puerto rico and this is a extension of another kill switch operation.

http://gdxforum.com/forum/viewtopic.php ... ico#p20482
Other threads are in forums with on the ground developements of the response modules.
Different probe zones for implementations.

Keyword: lights out

[Reality Check]

It took me a while to put these two dots together.

When the President said that you wouldn't lose your health plan if you
like it, and now says losing it is an unintended consequence, I now
realize that it's an intended consequence.

.....

I also understand that HealthCare.gov consists of about 120 components
written by 50 or so different groups or contractors. Instead, it's already cost $300-600 million, and
will cost billions before it's done, which may not happen because I
believe that this is a catastrophe of such magnitude that it will be
necessary to cancel it.

...

Here's a list of warning signs that were ignored and are still being
ignored:

• ...

That list of warning signs is on point and there are likely more that we do not know about.

But I have to disagree with you about the website being canceled.

The core functions this website has to do to meet Obama's immediate political needs are a very small subset of the design for functionality on October 1st.

It does NOT need to give accurate price information, it can low ball the prices.

It does NOT need to collect money along with an order, that can be left up to the insurance company.

All it needs to do is collect the information needed to forward a "final" order for insurance to an insurance company, along with the individuals personal information, the SSN, and the amount of subsidy the "tax payer" claimed he was entitled to.

Verifying identity can be left for the insurance company and the doctor to do - those back end interfaces of the website can be disconnected.

Verifying income does not have to be done - those back end interfaces of the website can be disconnected - that can be done when the taxpayer files his tax return over a year later.

As long as the website can provide statistics about how many people signed up for private insurance through the website, and that number is over 100,000 before January 1st, 2014, it meets Obama's immediate needs.

Is the new project manager smart enough to being doing this in cut down version of the original system, being tested offline ? Good Question.

[John]

I understand your point, and I've considered what's the minimum
they'd have to do to make the web site functional by 11/30. And
I've thought about exactly the solution you suggest.

So the "shell web site" takes the order, and stores the data in a data
base, and then a back end program does the processing, and sends an
e-mail message to the customer when it's all completed.

Any attempt like that would be the laughingstock of Fox News. Here
are just some of the problems:

• The customer needs an interactive session to "shop" among the
  different options -- different insurance companies and different
  policies. The shell web site would require the user to make several
  trips back to the web site, day after day for a long time, until he
  settles on a plan. This is beyond the technical capability of a lot
  of people.
• All of those interfaces have to be implemented anyway. Just
  pushing things off to the insurance companies doesn't solve the
  problem, because the administration wants to be able to sign up
  thousands of people per day, and that requires well-oiled interfaces.
• In fact, the "shell web site" might actually be MORE work, because
  the little software that already works would have to be rewritten.
• There would still remain the security and scalability
  issues.

The final point I would make is that the cancellation would not occur
because of the web site anyway. If the product were good, then
everyone would look past the web site. The problem is that the
product is a disaster, with or without the web site, though the web
site magnifies the disaster. When you have millions of people being
royally screwed by a lying president, which is how things are
developing, with no hope of improvement, then the political situation
is going to force something drastic.

However, I have to admit that when I talk about a "cancellation," I
don't know what that means. So much has damage has already been done
that things are going to get much worse no matter what happens.

[Trevor]

One other thing I've been reading is that now even the Democrats are beginning to criticize this thing, wanting to delay it into 2015. Essentially, they see that this is a brewing disaster and want to make sure the axe doesn't land on their necks. Obama has refused to bend even in the slightest. The fact that young people are essential to making this thing work seems to be the reason why we're being forced to buy what they want instead of trying to sell it? It's the only way; why should I buy a premium health care plan that I don't need?

And the excuse for the website problems is that they're so popular, it overloaded the server? How dumb do they think we are? Wait, don't answer that.

So far, something like 3 million people have gotten cancellations notices, mostly people who bought their own insurance and do not get it through their employer.

[Reality Check]

I understand your point, and I've considered what's the minimum
they'd have to do to make the web site functional by 11/30. And
I've thought about exactly the solution you suggest.

I agree. Even if one started ripping things out at the moment the test failed, referring to the test that failed a few weeks before 10/1/2013, -- 11/30 may be too optimistic for the front end to be working.

Of course it depends on what is really broke.

One critical business function that must be in place by 11/30 is the ability of the website to communicate to the insurance company that a given individual ( or family ) is entitled to a given level of subsidy from the U.S. government based on the income they ( the family or individual ) claimed to the website.

Another function is the ability of the individual ( or family ) to be able to locate, and contact, the insurance companies that provide insurance in his zip code.

Those are pretty basic functions and could be accomplished either manually, or with an automated web-site, or some combination of the two.

If those two functions are not in place in some fashion by 11/30, Obama has an immediate political crisis that will not end well, except for late night comedians.

[Reality Check]

Here are just some of the problems:

• ...
• All of those interfaces have to be implemented anyway. Just
  pushing things off to the insurance companies doesn't solve the
  problem, because the administration wants to be able to sign up
  thousands of people per day, and that requires well-oiled interfaces.
  
  ...

I agree that the insurance companies are not going to be able to keep up with a volume anywhere near what Obama promised for the website.

But the insurance companies are highly motivated to get the flow of U.S. government subsidy money coming and they want those canceled customer back with higher premiums and higher deductibles. So the Insurance companies have a huge profit motive to do their best and sign people up as fast as possible.

It would at least allow Obama, politically to point fingers at the insurance companies and share the blame, for slow signups.

If the website is not working on 11/30 and there is no way for people who lost their insurance to receive the promised subsidies, then there is nobody to blame except Obama. Politically, this is the worse possible case for Obama, for the immediate future.

[Reality Check]

However, I have to admit that when I talk about a "cancellation," I
don't know what that means. So much has damage has already been done
that things are going to get much worse no matter what happens.

That is the question.

How do you cancel Obamacare, or delay Obamacare for a year, without also canceling the millions of insurance policy cancellations?

Do you also delay, or cancel the mandates on insurance companies that start ( or started ) after January 1st, 2014?

If not, how do you ask insurance companies to sell insurance policies that are illegal in the United States ?

How does Obama, or the U.S. Congress cancel the insurance company cancellations ?

Will the Republican House of Representatives go along with just a one year delay at this point ?

Should the Republican House of Representatives go along with just a one year delay at this point ?

Will the Insurance companies go along with a one year delay?

Will the courts act immediately to enforce an executive order canceling cancellations ?

Will the courts act immediately to enforce a law canceling cancellations ?

Will you take a few insurance company executives out and shoot them without a trial to send a message about who is boss ?

[aedens]

Just a spiderweb to wrap them up to be augmented reality. It is related to a more general concept called mediated reality.
http://www.newsmax.com/GroverNorquist/O ... /id/443995
Simple cash grab as smashing a piggy bank just as the Brits warned and know inside out.
Like we noted for along time if you do a grid overview over time the modules and order of operation are there to see.
Certainly moving parts over zones and time but the over arching fact are clear even in a linear mode or populated venn construct.