Monday, October 31, 2016

Today's extra links

1--How much $$ has Wall Street given Hillary?

2--FBI has intensive ongoing investigation into Clinton Foundation

3--Nobody uses a private email server for official business. Period. Full stop.

Classified and unclassified information do not mix. They don’t travel in the same streams through the same pipes. They move in clearly well defined channels so that never the twain shall meet. Mixing them together is unheard of and a major criminal offense.
If you end up with classified information in an unclassified channel, you have done something very wrong and very serious.
Accidentally removing a single classified message from controlled spaces, without any evidence of intent or exposure to hostile forces, can get you fired and cost you your clearance. Repeated instances will land you in prison.
Every hostile intelligence agency on the planet targets senior American officials for collection. The Secretary of State tops the list. Almost anything the Secretary of State had to say about her official duties, her schedule, her mood, her plans for the weekend, would be prized information to adversaries.

The policy doesn't work, so Japan decides to continue the same policy. Got that?

Japan’s consumer prices fell for a seventh straight month and household spending slumped again in September, underscoring the challenges Prime Minister Shinzo Abe and Bank of Japan Governor Haruhiko Kuroda face in trying to revive the world’s third-largest economy.
The downbeat inflation and spending data came despite an increasingly tight labor market. The unemployment rate slipped to 3 percent in September, equal to the lowest since 1995. The low jobless figure hasn’t yet resulted in significant wage gains, a key element of efforts to reflate Japan’s economy.

Key Points

  • Consumer prices excluding fresh food, the BOJ’s primary gauge of inflation, dropped 0.5 percent in September from a year earlier (forecast -0.5 percent).
  • Household spending fell 2.1 percent from a year earlier (forecast -2.7 percent). It has fallen in 11 of the past 12 months.
  • The unemployment rate fell to 3.0 percent (forecast 3.1 percent).
BOJ’s policy board may revise its inflation outlook and projected time frame for hitting its 2 percent target when it meets on Oct. 31-Nov. 1. It has been trying for more than three years to reach that goal with extraordinary monetary easing.
Few economists think the BOJ’s current projection of reaching the goal sometime in the fiscal year ending March 2018 is realistic. A stronger yen this year has pushed down import prices, and households faced with weak wage gains have restrained spending.
Yet a strong majority of economists surveyed by Bloomberg News expect the BOJ to keep its easing program unchanged next week, after it shifted the focus of its policy framework in September from expanding the monetary base to controlling interest rates

5--BOJ loses bark and bite under humbled Kuroda

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