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Commentary on The Capital Markets- Category [Editorial]
2017-10-15 19:17 by Karl Denninger
in Editorial , 201 references
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Just three days folks.....

Get ready to rumble!

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2017-10-13 10:54 by Karl Denninger
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Let's face reality folks: In an honest society Amazon would be literally out of the media business this morning, and their stock price would crash by half.

Why?  Because Rose McGowan, one of many women who have accused Weinstein of sexual assault, also claims that Amazon optioned a series from her and then killed it when she discovered they were effectively covering up the Weinstein scandal and demanded they cut that crap out.

In other words she is accusing Amazon and Jeff Bezos, it's CEO, of intentionally enabling Weinstein's continued abuse of women and children and financially damaging her when she pushed back on their covering up allegations of criminal sexual assault.

May I remind you that central to Amazon's business model is Prime Video original shows?

Of course Amazon isn't the only firm that would be hacked to death in the market this morning if anyone gave a damn.  A huge percentage of media studios and affiliated firms would be literal zeros.

It gets better.  There are reports that Weinstein's employment contract with "his" company included a clause that literally gave him the right to "buy off" any future sexually-related complaints.  May I remind you (as does Gregg Jarrett, correctly so) that a contract to do or enable an illegal act is void as you cannot contract to do an illegal thing?  What's worse is that the board of the company knowingly entered into the agreement which, I'd argue, makes every one of its members explicitly connected to Weinstein's conduct and both explicitly and legally responsible for covering it up!

Look folks, everyone is entitled to the presumption of innocence, but can we cut the crap?  You have already demonstrated over the last 30 years that you will sit still while the entire medical industry buttrapes you to within an inch of your life on a daily basis, stealing $3 trillion a year from consumers through their price-fixing.  It's not just the big stuff, it's the little stuff too, like advertising a $15 price and then charging someone $25.  Worse, it's not posting a price at all and then charging someone five times that $15 after you already took their order and they're obligated to pay.  It's charging someone $800 for 20 minutes of a doctor's time, again, only after the person in question is committed to pay because the service was already performed.

If the business model for gasoline sales was to suddenly be that no station posted a price, you filled the tank and then were told how much you had to pay, with the station scanning your plate during the time you pumped the gas, used a database operated by all the insurance companies and gas stations together and then charged you a price that might be 500% higher based on who you bought your car insurance from and what coverages it had you'd be up in arms.  If one station did it they'd be out of business in an afternoon.  If they all did it you would insist that they all go to prison and if that was not immediately forthcoming you'd burn all of those so-called "businesses" to the ground and string the owners up on the nearest lamppost.

We currently throw people in jail when there's a hurricane coming if they charge someone $5/gallon for gas instead of $2.50.  Nobody has gone to jail for charging a heart-attack victim five times what they could have the same procedure done for across the street at The Surgery Center of Oklahoma, for cash, if they were not at that instant having a heart attack.  Yet a heart attack or other serious medical emergency is the very definition of an exigent circumstance during which you cannot meaningfully negotiate anything while a hurricane comes with days of warning and thus your exposure to said $5 price is in fact voluntary.

When it comes to politicians the abuses are literally too many to count.  I'll just name one to make my point: Tim Murphy, who for years has railed about making abortion illegal. Of course the consequence of his demand was to be enforced on everyone else but not him personally -- you see, he apparently had a mistress, couldn't manage birth control with her in an adult fashion, and when the expected outcome occurred he told her to get.......... an abortion.  He's resigning, of course, but only because he was outed.  He's been making laws for others -- which he expects to be able to ignore for himself -- since 1996.

In the medical field it's virtually impossible to find a firm or person who doesn't scam at some level.  Take the maker of a medication for a rare (less than 1% of the population) condition: Nuedexta. The company's business model can be roughly translated as screw Medicare and Medicaid out of hundreds of millions a year by getting this medication prescribed to elderly patients who don't have the condition for which it was approved, and in fact the medication has never been studied in the geriatric population!  But the money's good, whether the medicine does good or harm -- right?  Who pays for that?  You do.  Why aren't that company's officers all in prison and, if the government refuses to enforce the ****ing law why haven't the people of this nation decided to do something about that themselves?

There are dozens of similar if not worse examples; drugs that Medicare and Medicaid pay $50 for that you can buy for cash at under $20 for the same supply.  That's $30 per prescription stolen from the American people -- literally stolen!  Yet not one such drug company has been prosecuted for this and you won't hold either them or the government to account for it.

Of course there are the monster theft regimes such as diabetes which I've pointed out before -- that single condition costs you $400 billion a year via Medicare and Medicaid, every year, and kills tens of thousands.  If you add in the private insurance and medical costs I'm willing to bet the total is over $700 billion -- every single year.  The number of people who have demanded that stop right damn now?

Zero.

Tell me again why every single procedure and every single drug doesn't have a posted price at every business that sells any of them -- just like everything on the shelf has a price at Walmart, the gas station and the hardware store.  Tell me again why you tolerate a business model that obligates you to pay before you're told how much the bill will be, and where that amount varies by, in some cases, 1,000% or more simply based on whether you have "health insurance" and if so who you bought it from.  Tell me again why, when any such collusive action of this sort that is intended to or does diminish competition (how do you have any "competition" when you can't shop and get a price?) is a felony and has been for more than 100 years, yet nobody has gone to prison?  And finally, tell me why you sit on your ass and whine about the cost of "health insurance" instead of demanding all these *******s either post prices or go to prison when doing that would cause your cost of health care to drop by 80% or more in a single afternoon!

Facebook "outs" people who are sex workers (in some cases legal sex workers, such as those in the porn industry) all the time.  Nobody cares even if it gets the victims stalked, raped or killed.  Facebook's entire business model is predicated on shifting and amplifying your own personal belief system for their profit and to your detriment.  It has to be to your detriment; those billions of dollars come from someone, and the someone is you.  They not only admit this they disclaim any responsibility or for the results and you let them get away with it, taking billions from you in the process.  Never mind that Facebook has claimed more "reach" for their ads than there are people, which is the very definition of fraud -- and yet not one indictment has issued over their repeated false statements of "reach."  Is it not the law that all factual statements made in a public company report must be accurate?

It sure is, and was made a crime after all the lies of the 1990s -- yet the number of prosecutions under Sarbox over the last two decades can be counted on your fingers if you're a quadruple-amputee.

Uber's business model can be loosely translated as **** the law, do whatever we want and get big enough, fast enough that if they try to enforce said law we will get the public to whine about losing what we "gave" them.  They're not alone.  AirBNB runs on that business model, as does literally every "tech giant" today in the consumer-facing space.  Yelp is widely considered to be what amounts to an extortion-based business and I know people who have been fired from their jobs for unsubstantiated complaints posted on their site.  Netflix built their entire business on cost-shifting their firm's content distribution expense to those who don't subscribe -- in other words, they steal it.  When ISPs started to push back on this and demand they pay for excess distribution expense wildly out of the expected norm they went to the government and got their regime protected from market forces.  Who's after them today for this crap?  Nobody, and their stock price is near $200/share despite them being wildly cash-flow-negative even with all the forced theft from non-subscribers! In other words the market believes that despite being in a deep hole and continuing to dig it deeper someone will get buttraped to bail them out.  That someone will be you.

How do all these companies "succeed" (as defined by their stock prices and market caps) given this sort of conduct?  How is it that the movie and TV studios remain in business?

It's simple folks: Nobody is concerned about being monkey-hammered for anything they do no matter how legal (or not.)

They're not concerned about being prosecuted, they're not concerned about their company having its corporate charter yanked and they're not concerned about being boycotted and shunned to the point that not only is their business burnt toast but they, their wives and children cannot so much as walk the dog on a public sidewalk without getting protester's signs in their faces punctuated by birds flipped at them whenever and wherever they go.

Am I surprised that in this environment Weinstein did what he did for as long as he did and got away with it?  No more than I am about the allegations about Michael Jackson and how long that went on, and for the same reason.

We, the people of this nation, refuse to stand up and demand that this crap stop, whether it be some creep who makes sexual favors part of the "price" to get into and remain in "his" industry or whether it be some pharmaceutical company that makes hundreds of millions of dollars a year ****ing up your Grandma by dumping pills down her throat.

The latter literally costs every middle-class family more than a thousand dollars a month when it's all totaled up, which is enough for a house payment, while you politely ask "Please sir, may I be buttsexed some more?"

There should be no surprise that the abuses from companies like Amazon, Uber, Facebook and Netflix go unanswered, nor that the alleged rape-for-job game Weinstein is accused of running for decades also has gone unanswered when you sit still for three trillion a year in theft from every single family in America.

Again, we're talking about enough taken from every single American family for each of you to buy a house.

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2017-10-11 16:22 by Karl Denninger
in Editorial , 292 references
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From Fox:

"It was kind of relentless so I called over the radio what was going on," he added. "As soon as the shooting stopped we made our way down the hallway and took cover again and then the shooting started again."

So hotel security knew as soon as a couple hundred rounds went whizzing by these two guy's ears, with one getting hit in the leg, and didn't immediately summon the police?

Never mind that despite being under "continual surveillance" there were several burglars who broke into the shooter's house and none got caught?  Surveillance eh?  What were they watching -- the closest donut shop?

I ain't buying this crap and you shouldn't either.

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2017-10-11 10:34 by Karl Denninger
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.... about some women -- and probably even kids -- being harassed and, maybe, even raped by Weinstein.

Yes, it's outrageous that there is evidence that a news story in 2004 was spiked to "protect" him.  Yes, it's outrageous (to the point of my refusal to believe it) that his wife didn't know anything about any of it.  Yes, it's outrageous that dozens of actors who had to know, at least at a level of rumor, did exactly nothing because they loved the career boost that he "gave" them.

Of course the biggest outrage of all is that he didn't "give" anyone anything. He bought it, including from both Hillary Clinton and Barack Obama!

But spare me the outrage because I'm not outraged any more.  I merely look at articles like this:

While we can understand policymakers’ concerns, we at PIMCO – currently one of the largest non-government investors in GSE-issued mortgage-backed securities (MBS) – believe a draw on the Treasury by Fannie or Freddie would not be a market event, nor would it reduce our demand for these securities. Instead, we believe the policy focus should be on what agency MBS investors really care about: making the government guarantee explicit.

Let me remind you that The Federal Reserve is prohibited by law from buying or holding any debt that does not have the "full faith and credit" of the United States government behind it, with one small exception for "Revenue Anticipation Notes" issued by the States.  That law dates to 1913.

Let me further remind you that back when the financial crisis was just starting and The Fed announced it was going to buy Fannie and Freddie paper I posted a front page of their debt offering prospectus on which was emblazoned the fact that there was no such guarantee.

That made the entirety of the Fed's actions it that regard, which have continued daily since that time and in fact continue today, an illegal act.  Yet not one Fed governor has been referred for prosecution, not one such transaction has been ruled void as an illegal act, not one person has raised the fact that financial offenses which involve banks and a pattern of conduct are deemed Racketeering and in fact not one question has been asked and followed up as to exactly where the Fed acquired the ability to arrogate to itself the power to rewrite law to suit is own decisions.

Let me further remind you that in every single year since that time the Federal Government and Federal Reserve have in fact conspired to emit into the market enough credit via Treasury as a percentage of GDP to exceed the amount of growth in the economy.  In other words there has been no actual growth since that time, every economic statistic saying otherwise has been an intentional fraud and the entire group of same has been emitted by the press and the government for the explicit purpose of screwing you, the common person, with the sum total of same now amounting to more than $10 trillion dollars.

It would be nice if it ended there but it doesn't.  The scam in health care has resulted in, at this point, every single American family being scammed out of the mortgage payment on a middle-class house each and every month!  That's right -- every single American family is literally having a house stolen from them daily, monthly, annually and continually.

Then of course we have, as I've written on, Las Vegas where the LVMPD and CCSO take acclaim as "heroes" when in fact they deserted from their jobs and in doing so allowed hundreds of rounds to be put into innocent people, killing nearly 60 and injuring more than 500, when they could have stormed the hallway.  They might not have stopped him from shooting but they would have drawn his fire and thus would have certainly stopped him from shooting at innocent, unarmed people.  In addition they would have forced him to fire "blind" and we already know the results of that; he emptied 200 rds into the hallway and got one non-fatal injury out of it to the security guard.  So instead of taking a few rounds to themselves the cops allowed that jackass to rain close to 1,000 rounds down on innocent people where more than half of them were "hits" in order to avoid taking 1 in 200 rounds to one of their own.

Utterly none of these events, or the dozens of other outrageous events similar to it that either bankrupt or even kill people by the score register enough outrage for the American Public to rise, demand that it stop and that everyone involved go to prison right damn now.

So spare me the outrage over Weinstein.

His ability to get away with it for as long as he did -- and profit from it -- is a direct result of your refusal to get off your ass collectively and put a stop to the blatant and outrageous criminality throughout our political, financial and judicial system for the last several decades.

Oh, that includes most-especially all the women who went along with sucking-and-****ing Weinstein, encouraged his actions or enabled him for their own personal profit.

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2017-10-10 09:32 by Karl Denninger
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Update 2017/10/13: Now we have yet another timeline from the various copshops out there. IF you can't even get the basic facts straight (like, who called you and when -- you know, time-stamped 911 calls?) what else are you lying about?  Sorry, but I still ain't buying what you're selling -- ed.

-----------------

Time to call out a few, given that Reuters is making excuses (big shock).

I'll start with the heroes.  Among them was the unarmed hotel security guy who attempted to interdict the shooter but could not get through the door because the shooter had driven screws into the frame.  He took a round to the leg when the shooter blindly emptied a mag through the door of the suite but he'll be ok.

Next up is the ex-service member who stole a truck and used it to transport injured people out of the kill zone.  If they prosecute that guy, and you know they're thinking about it, everyone involved in attempting to do so needs to hang from a public gallows in the middle of the Las Vegas strip.  This guy put himself in harm's way, he saved lives, he did it at great personal risk and he made a decision that the jackbooted ****heads in our government can and might attempt to use to destroy him.  He in fact took more risk than dying in that if they come after him a felony grand theft auto conviction will ruin him for life, and his only defense to the charge is drawing a jury that refuses to convict him.

Not far behind that guy are the multiple reports of others, some active duty service members on leave, some off-duty officers and others who are just ordinary people, who (1) dragged, carried or otherwise got others out of the kill zone or behind hard cover where they could not be shot (again), (2) used their bodies as shields over the top of others, in some cases with tragic results and (3) took other actions that made them easier to hit but shielded or otherwise saved others.  There have been multiple reports of such people; they put their own life on the line for others.  Some of them were severely injured and I do not doubt that some number of them died.

There are undoubtedly many more than can be readily identified who took similar actions. 

They're heroes.  All of them.

Now let's talk about the zeros and be prepared to get pissed off.

VERY pissed off.

LAS VEGAS (Reuters) - Las Vegas had spent years planning for the worst: training its police force according to an anti-terrorism protocol it adopted in 2009 to respond to mass shootings, chemical attacks, suicide bombings, and planes flying into buildings, according to city officials and security professionals.

But when it came to Sunday night’s attack that killed 58 people and wounded hundreds more at an open-air concert in the city, police found themselves with few options to stop the gunman quickly, they said. It underscored the difficulty American cities face in protecting citizens from attacks that can take unpredictable forms.

Reuters even had the gall to run a photo of these guys posing on a balcony somewhere in the city.  I don't recognize the exact vista, but it doesn't matter.  That they would laud these people is outrageousnot one of them did one effective thing to end the attack.

It gets worse.  Much worse.

At 9:59 p.m., Campos (e.d. The unarmed security guard above) was shot in the leg after Paddock fired 200 shots into the hallway. Paddock began shooting into the crowd six minutes later, contradicting original reports that Campos’ arrival is what stopped Paddock’s mass shooting.

Between the time that Campos was shot and Paddock began shooting, Campos notified authorities of what happened, which Las Vegas Metropolitan Police Department Undersheriff Kevin McMahill said Friday was “absolutely critical” as it gave police Paddock’s exact location.

**** you Kevin McMahill.  Your ******n department is directly responsible for the deaths of these people because your officers are cowards.

Those primped-up clowns up-armored, up-armed and then sat in the ****ing stairway for over an hour despite knowing this dickhead was loaded up and actively shooting innocent, unarmed and defenseless civilians from above.

The cops sat on their asses while the gunman shot and killed all the people in the crowd despite having every ability to stop it before it ever happened while knowing exactly where he was.

If you, in the military, sat and cowered behind hard cover while the enemy shot up your unit your ass would sit in front of a court martial for cowardice before the enemy under Article 99, you'd be convicted, you would go to Leavenworth as you'd be charged with those deaths due to your intentional inaction and then you'd get a dishonorable discharge when your sentence was served.

It is in fact possible under Article 99 to get the death penalty for cowardice of this sort in a military unit.

When these cowards finally blew the door open to the suite the shooter had ceased shooting (presumed dead of a self-inflicted gunshot) for roughly an hour.  Their "action" consisted of showing up to mop up his blood and sweep up his cartridges.  They saved exactly zero lives and took exactly zero effective actions to end or otherwise limit the assault.  They might have actually saved at least one life if they had gone into the crowd and attempted to stabilize those who had been shot rather than prance around in their body armor and play TV-style SWAT.

LET ME SAY IT AGAIN IN CASE YOU MISSED IT THE FIRST TIME: The effective actions of the police with regard to stopping the jackass during this incident number an exact zero.  They are ALL outrageously arrogant, cowardly *******s in that they posed for photos instead of apologizing and offering to resign for their utter failure to do one single effective thing with all the money, equipment and alleged "training" the people of Las Vegas and the State of Nevada have showered upon them in anticipation of exactly this sort of event.  The only thing those ****heads cared about was getting their ******n pension and every penny of it should be forfeit along with their job -- right damn now.  These rat bastards shouldn't be able to show their faces in public ever again without seeing the bird.

The lies being accepted by the media are even more-outrageous.

“Our officers showed incredible restraint. They can fire that distance. It’s not safe to do so,” said Robert Chamberlin, a member of the Las Vegas police department’s counter-terrorism force. “You are firing 32 floors up, from 500 meters (yards). So the trajectory of our rounds...even if we were accurate, they’re going to go up into the ceiling, up into the next floor.”

That is a knowing lie.  The floors (and of course ceilings, since the ceiling in your room is the floor of the one above) are poured reinforced concrete.  All high-rise buildings of reasonably-recent construction are put together this way and Mandalay Bay is no exception; the "grid" is made of steel and then the floors themselves are poured in place. The rounds thus fired, if any had been fired and if fired accurately enough to go in the broken window were most-certainly not going to go up into the ceiling and next floor because the surface they would impact is reinforced concrete.  The arrogant doucheface who made that statement knows this; his claim is thus not a mistake or an error, it is a lie told to attempt to excuse his personal lack of action, probably because they had staged exactly nobody and thus had no one in a reasonable position to immediately attempt to engage the shooter.

Now it is true that to get him you'd probably have to have a line of fire somewhere close to level because he was likely prone on the floor.  So what?  These ****heads didn't even try to get in; they cowered in the stairwell!  Even if they had challenged the gunman and he didn't at that moment kill himself for every second you distract him and either force him to keep his head down or induce him to shoot back at the cops with his weapons that had severely-degraded accuracy that is one second he cannot use to shoot at the compact mass of civilians below where hits are nearly certain!

In addition there were all sorts of zeros at and before the incident itself, but expecting a 100% correct response and interdiction by authorities is not reasonable.  It won't happen.  The hotel missed him hauling two dozen weapons and thousands of rounds of ammunition into his room, for example.  Roughly 1,000 rounds of 5.56 will fit in a military-surplus "ammo can" that is under a foot on a side but all that lead is heavy; 8 of those stacked on a luggage cart is definitely going to draw attention.  Sticking the same contents in a big suitcase would make it impossible to lift; said suitcase would weigh over 200lbs! The weapons themselves aren't all that heavy (~11lbs each) but 20 of them are and they're also relatively large -- civilian-legal 16" barrels are, well, 16" long -- minimum, of course, plus the rest of the mechanism assuming they're assembled.  So figure a rifle has a 2', roughly, minimum length dimension broken down.  Hauling 20 of them into a room again, is not impossible but will take multiple trips and some planning.

Then there's "where the hell do you put all of that where the cleaning crew won't find it by accident?"  We're talking about more guns than fit in most residential gun safes and a good part of a closet full of ammunition.  There's plenty of closet space in a hotel suite, of course, but guns look like, well, guns.

This guy was a known high-roller so him being there wasn't odd, and apparently we now have reports his room was comp'd.  Ok, but how'd he get that room?  The hotel was full.  Special request?  Made when, may I ask?  No answers on that so far.  But let's just leave the hotel thing this way: The hotel missed multiple opportunities, but this guy did apparently attempt to get rooms with this sort of view over festivals over the previous few months, did succeed, and nobody thought it was odd.  That's sort of like 9/11 -- nobody really thought boxcutters were weapons to be afraid of on airplanes.  They were wrong, and that points out the simple fact that unless you notice that something is odd and dangerous you're not going to be bothered by it.  The world is full of odd people and you can't arrest or detain someone for being strange; the strange has to also be accompanied by something that appears to be harmful.

Just like with 9/11, however, there were multiple additional things that were missed and those we can properly charge to the authorities in specific terms since they continually have, use and demand a nearly-airtight "surveillance state" in the US.

Prior to 9/11 the FBI received actual reports of suspicious activity at a flight simulator in Florida.  They ignored those reports and, as it turns out, those were the hijackers.  Florida's Governor Bush issued driver licenses to several of the hijackers despite exactly zero of those being issued to citizens; in other words, he issued Florida Driver Licenses to foreign nationals who did not have green cards.  He was never held to account for this nor was the Secretary of State.  Those credentials were used to board the planes.  If either of those two things hadn't happened neither would have 9/11 and that's a fact so we can properly charge all 3,000 deaths to both the FBI and Governor Bush because in both cases there was no legitimate excuse for refusing to investigate the report nor is there one for issuing state identification credentials (driver licenses) to non-permanent residents.

Similarly, in this case if the hotel had paid attention to a guy hauling multiple large and heavy items up to his suite, vastly out of character for someone who is coming to gamble for a few days, there would have been no attack.  But they didn't.  The only real difference is that Las Vegas hotel security postures aren't really set up for this purpose and it's not really their job either, when you get down to it.  Their posture has always been about not getting robbed with the crazy amount of money they have in the counting room and the cage, and with good cause.  That might change a bit now, of course. 

The bottom line when it comes to what is now showing up in the light of day is this:

For a rage-monster attack, which this appears to have been thus far, the most-important thing is to offer resistance to his assault immediately.

To offer resistance you must be armed in some fashion and be there, which means the most-effective way to stop these attacks and limit their body count is for everyone to be armed all the time.  Had just one person in an adjoining room had a gun and used it, even ineffectively in this instance it is a near-certainty that the shooter would have killed fewer than 10 people and injured less than 50.

He got more than five times the body count and ten times the injury rate because (1) nobody in the immediate vicinity, all of whom were ordinary civilians, were armed and the LEO response was their usual SWAT-style chicken**** nonsense of up-arm and up-armoring first to "coordinate" and "protect themselves" instead of immediately storming the floor despite knowing exactly where the shooter was several minutes before he started shooting at the crowd.

This is EXACTLY the same sort of horse**** that played out near Orlando.

THE SECOND AMENDMENT PROVIDES THE IMMEDIATE AND NECESSARY ANTIDOTE TO THESE SORTS OF ATTACKS. THE POLITICIANS AND OTHERS WHO HAVE CONTINUALLY DESTROYED BOTH ITS INTENT AND THE BLACK LETTERS IN WHICH ITS WORDS ARE WRITTEN MUST BE HELD TO ACCOUNT FOR THESE DEATHS ALONG WITH THE RANK COWARDICE OF THOSE WHO DARE CALL THEMSELVES POLICE OFFICERS BUT ARE IN FACT COWARDLY *******S WHO ARE SO MORALLY AND ETHICALLY BANKRUPT THAT IT WOULD BE AN INSULT TO SWINE TO CALL THEM "PIGS".

THE LATTER'S COWARDICE, WHICH WOULD BE A CRIMINAL ACT IF A MEMBER OF THE MILITARY DID THE SAME THING IN A COMBAT ZONE, IS WHY THIS JACKASS MANAGED TO KILL 50+ AND WOUND MORE THAN 500.

THE BLOOD AND LIVES OF THOSE INJURED AND KILLED IN LAS VEGAS ARE LITERALLY ON THE HANDS OF EVERY LAST ONE OF THOSE COWARDS.  NOW I KNOW WHY ALL THOSE LOCAL COPS LOOKED SO DAMN SCARED ON THE TEE VEE -- THEY KNEW WITHIN HOURS OF THE ATTACK THAT THIS WOULD COME OUT AND WHEN IT DID THEY WOULD BE EXPOSED FOR THE COWARDS THAT THEY ARE AND THAT THEY ARE WHY THE SHOOTER MANAGED TO KILL MORE THAN 50 AND WOUND MORE THAN 500.

LET ME BE CLEAR JUST IN CASE YOU HAVE TROUBLE WITH READING: THE LAW ENFORCEMENT COMMUNITY IN LAS VEGAS WAS DIRECTLY RESPONSIBLE FOR EVERY ONE OF THOSE DEATHS AND INJURIES BECAUSE THEY COWERED IN A STAIRWELL AND LET THAT ******* SHOOT CIVILIANS UNTIL HE WAS BORED, THEN KILL HIMSELF AT HIS LEISURE, INSTEAD OF DOING THEIR ****ING JOB AND IMMEDIATELY STORMING THE ROOM.

WE NEED A FEDERAL ARTICLE 99 THAT APPLIES TO EVERY LAST LAW ENFORCEMENT AGENCY AND WE NEED IT NOW SO THOSE WHO ARE COWARDS UNDER FIRE INSTEAD OF MANNING UP AND DOING THEIR JOB CAN BE TOSSED IN PRISON, THEN STRIPPED OF THEIR PENSIONS AND REPUTATION AFTER THEIR JUST SENTENCE HAS BEEN SERVED.

IN ADDITION THE SECOND AMENDMENT MUST BE RESTORED VIA FEDERAL PREEMPTION TO ITS ORIGINAL WORDS IN FULL ON AN IMMEDIATE BASIS SO THAT EVERY SINGLE CITIZEN CAN CARRY OPENLY OR CONCEALED AS HE OR SHE CHOOSES EVERYWHERE AND ALL THE DAMN TIME, THUS PROVIDING THE ORDINARY PERSON A FAIR CHANCE TO DEFEND THEMSELVES.  THIS IS MADE NECESSARY BY THE FACT THAT THE SO-CALLED "POLICE OFFICERS" HAVE REPEATEDLY SHOWN THEY HAVE AND WILL REFUSE TO DO THEIR DAMN JOBS.  ANY POLITICIAN WHO REFUSES TO TAKE AND ENFORCE THIS ACTION RIGHT HERE AND NOW MUST BE REMOVED FROM OFFICE FOR CAUSE, ASSET STRIPPED TO THEIR UNDERWEAR AND SEE ONLY MIDDLE FINGERS WHEREVER THEY OR THEIR FAMILY GO FOR THE REST OF THEIR LIVES.

PERIOD.

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