Wednesday, November 25, 2020

On Civil Disobedience and improving prospects for growth

Everyone by now has heard about my governor's politically incorrect faux pas at The French Laundry restaurant in Napa. To make matters worse, LA County on Monday decreed that in-person dining (outdoor only had been the rule so far) at all county restaurants would no longer be acceptable starting Thanksgiving Day. Wow! Think of all the restaurants that booked tables and bought food in preparation for this! They are hurting, and not a few have already announced they are closing for good. Who wants to run a restaurant these days, when one day they encourage you to invest in outdoor patio dining and the next day they change their mind? 

Under Gavin Newsom's execrable leadership, California is really struggling. Fortunately, it seems that a number of police departments have decided not to enforce Newsom's limits on Thanksgiving family dinners, and a number of restaurants have decided to remain open on Thanksgiving. Thank goodness. Civil Disobedience is on the rise!

My friend Hector Cademartori has memorialized Newsom's latest foolishness with a new cartoon:



A few days ago, Zero Hedge caught my eye with this comment: "More than 1 million people traveled through American airports on Friday, according to data from the Transportation Security Administration, fueling fears of even greater spread of the virus." So I updated my charts to see whether this was a big deal or not. Turns out there has been only a modest uptick in air travel in the past month.

Chart #1

Chart #2

Chart #1 shows the daily and 7-day moving average of the number of people passing through TSA airport checkpoints. Chart #2 compares the 7-day moving average from this year with the same days from last year. On a 7-day moving average basis, the latest datapoint is only slightly higher than the previous high witnessed in mid-October. Comparing this year to last year at the same time, the percentage decline lessened a bit, rising from a previous high of -62% at the end of October to -60% as of yesterday.

Chart #3

As Chart #3 shows, there has been a modest decline in the Vix "fear index" since the end of October, and a correspondingly modest rise in equity prices, which is probably due to the market breathing a sigh of relief that the uncertainties surrounding the US elections have declined. In any event, the stock market is not greatly concerned about the "second wave" Covid flareup, most likely because we now know there are at least two vaccines that will be available shortly, with more likely on the way. The electorate seems to be regaining some tolerance for risk these days, as witnessed by rising equity prices and increasing cases of civil disobedience around the country. Hooray!

Chart #4

Increased tolerance for risk might explain why gold—almost alone among commodities—has dropped rather precipitously in the past month or so. As Chart #4 shows, gold prices had probably soared a bit too high and are now coming back to semblance of reason. Both gold and TIPS prices had benefited in recent years from the perception that the economic outlook was being threatened by political instability, Covid, and a weaker global economy. Those worries are now slowly fading. Why pay a huge price for a safe haven asset when the outlook is slowly brightening?

Chart #5

Chart #6

Chart #5 confirms that gold had become super expensive relative to crude prices, and crude, for that matter had become super cheap. Meanwhile crude remains historically very cheap compared to the value of the dollar, as Chart #6 suggests. Among the commodity universe, gold stands out as very expensive, while crude stands out as still very cheap. Expect these prices to normalize further in the months ahead.

Chart #7

Today's release of updated GDP data for Q3 brought with it the very welcome news that corporate profits surged. As Chart #7 shows, corporate profits have completely recovered to their previous highs, and remain very strong relative to GDP. This provides good fundamental support for the current level of equity prices.

Chart #8

Chart #8 is also encouraging: capital goods orders have increased meaningfully in recent months. This counts as more than a V-shaped recovery since it is a very important predictor of future economic strength.

77 comments:

Fred said...

We are still open on Georgia and our Governor says we will not shut down again. Our economy is doing much better than many states but our governor’s approval rating is only 37%. It will drop further now that Trump’s allies have accused him ( a die-hard Trump supporter) of rigging the election in exchange for payoffs from communists and are urging us not to vote on the January runoff. Reagan must be spinning in his grave.

Benjamin Cole said...

Great post.

Gold is risky and always has been. Gold moved up this cycle on inflation fears, yet once again it appears the inflation fears have been bloated. This is one of the longest-running stories of unmet expectations in our time. Charlie Brown and Lucy and football for those of you who are old enough to remember.

Also, I think Bitcoin is siphoning off some of the money that used to go into gold.

Adding another quirk into the gold story is that the largest buyers are Chinese and Indian retail investor-consumers, and then sometimes central banks.

Gold is an oddity. Ask your local astrologer, if you want to know where the price is going.

I might disagree with Scott Grannis on the long-term outlook for any particular commodity, and that includes oil, due to man's creativity and inventiveness.

Oil could become a cheaper commodity, and in the long-term, if man invents better ways of extracting it.

Right now, the price of oil is being held up artificially by OPEC+. Add on, large producers such as Venezuela, Mexico, Iran, Iraq and Nigeria are shooting themselves in the foot every day.

We may be on the cusp of electric vehicles that consumers buy because they want to, not because they are receiving tax incentives or are virtue signaling.

People talk about stagnation, but on some levels I think we are in an era of inventiveness never before matched.

Johnny Bee Dawg said...

President Trump received more votes than any previous incumbent seeking reelection. He got 11 million more votes than in 2016, the third largest rise in support ever for an incumbent.

By way of comparison, President Obama was comfortably reelected in 2012 with 3.5 million FEWER votes than he received in 2008.

Trump is the first incumbent in nearly 150 years to lose re-election after getting MORE votes in his second race, than his first.

PUBs picked up 13 seats in the House on his coattails...yet he lost to a senile man in diapers with a Communist running mate?
Really? Tens of thousands of people at each Trump rally, and Joe couldn't draw 200?
PUBs had 27 toss-up races in the House, AND WON ALL 27....all because of Trump. Yet Trump, himself, lost??

Really?? Does this make sense to you? Does it really?

You wanna see PROOF that Biden's victory was statistically impossible?
Click THIS if you have any curiosity
If you dont care, then go back to sleep.

Johnny Bee Dawg said...

More from the Spectator:

Trump increased his share of the national Hispanic vote to 35 percent. With 60 percent or less of the national Hispanic vote, it is arithmetically impossible for a Democratic presidential candidate to win Florida, Arizona, Nevada, and New Mexico. Bellwether states swung further in Trump’s direction than in 2016. Florida, Ohio and Iowa each defied America’s media polls with huge wins for Trump. Since 1852, only Richard Nixon has lost the electoral college after winning this trio, and that 1960 defeat to John F. Kennedy is still the subject of great suspicion.

Midwestern states Michigan, Pennsylvania, and Wisconsin always swing in the same direction as Ohio and Iowa, their regional peers. Ohio likewise swings with Florida. Current tallies show that, outside of a few cities, the Rust Belt swung in Trump’s direction. Yet, Biden leads in Michigan, Pennsylvania, and Wisconsin because of an apparent avalanche of black votes in Detroit, Philadelphia, and Milwaukee. Biden’s ‘winning’ margin was derived almost entirely from such voters in these cities, as coincidentally his black vote spiked only in exactly the locations necessary to secure victory. He did not receive comparable levels of support among comparable demographic groups in comparable states, which is highly unusual for the presidential victor.

We are told that Biden won more votes nationally than any presidential candidate in history. But he won a record low of 17 percent of counties; he only won 524 counties, as opposed to the 873 counties Obama won in 2008. Yet, Biden somehow outdid Obama in total votes.

Fred said...

I do believe it's possible there was fraud with mail-in- ballots. However, in Georgia, you had to request an absentee ballot to mail it in so I think it is less likely there was fraud with those ballots. It is strange that Biden outperformed Obama in Fulton County (Atlanta) but Atlanta and its metro counties are much bluer now than they were in 2008 and 2012. We've got a lot of Democrats who've moved from the Midwest and Northeast, not to mention our booming film industry that has no doubt attracted a lot of left leaning folks. I saw numerous Biden signs in my area this year and not one Trump sign whereas there were only a few Obama signs balanced against McCain and Romney signs in 2008 and 2012. I also find it hard to believe that if our Republican Governor and Secretary of State (both of whom supported Trump) were in on a massive fraud to switch votes to Biden, they would have done the same for Ossoff for the senate race. If someone can trace funds from Marxists governments to either Kemp or Raffensperger or evidence showing ballots were changed from Trump to Biden (our hand re-count counted the paper ballots that were produced after we voted electronically and I confirmed my paper ballot matched my electronic vote for Trump) then I'll change my mind.

steve said...

It is interesting that ALL sore losers say the same thing; I was cheated! Dems did in '16 but at least Hillary conceded. It is incredulous beyond any scope to accept that there is some VAST left wing conspiracy that no one on the other side will admit to. Hey, Johnny, do you believe that man actually landed on the moon or was that that some vast conspiracy also.

Truly. Pathetic.

randy said...

We are all subject to Apophenia. Another downside of too much information. There are many powerful people who would like Trump to remain president... including Barr, Graham and a lot of powerful private groups. If there were such compelling evidence of massive fraud, why would they not pursue it - either now or after the dust settles?

Johnny Bee Dawg said...

Steve
I have no idea about your man in the moon but I’m positive there was widespread massive systemic voter fraud in this election.

Dozens of impossible statistical anomalies combined with hundreds of sworn eyewitness testimonies convinced me. I wonder if you’ve bothered to look into a single one.

Oh, and wear a mask. There’s a pandemic going on that has the same death rate as flu for anybody under age 70.

I think it’s pathetic, too.

Randy
I disagree 100% that Barr wants Trump to remain as President.
Otherwise he would have pursued the illegal wiretaps on the President and the lies to the FISA judge that were exposed for all to see in the declassified documents.

We are a lawless country. That will not end well as it plays out more brazenly as we go.
And people will one day regret they didn’t demand our government officials be held accountable for their crimes.

Johnny Bee Dawg said...

Fred
Kemp and his SOS are not the big Trump supporters you suppose.
They are PUB establishment supporters, however, and those are very different things.
Both of them worked hard to get Dominion Software into place to run GA elections, despite known problems.
In fact, that lobbying effort was funded with Clinton Foundation funds.
More will come out on all of that.

The recount was worthless, because they simply counted disputed ballots a second time.
They separated and destroyed the signed envelopes from the ballots, which means no signature audit is possible.
And the disputed ballots that gave Biden the lead were added in the middle of the night after PUB observers were sent home after the LIE about the water main break. Good ol Fulton County. More will come out on that, too.

Georgia is going to use the same mail-in ballot program with drop boxes again for the runoff.
Your governor has been hiding in the basement during this debacle.

In the meantime:
Dont think there are voter issues in Georgia?
Derek Somerville has 57,793 reasons why you may want to reconsider that

LOTS to look in to with this Georgia election count.

Fred said...

These claims are before a good federal judge right now in the Northern District of Georgia. If there is credible evidence to support them I believe Judge Batten will do the right thing. If you are of the mind that any disagreement with the claims or Trump means one is a thief and a liar, then there is no point in carrying on the debate.

Johnny Bee Dawg said...

Fulton County workers in Atlanta, GA have wiped data off the Dominion voting machines and a Dominion server crashed yesterday (Sunday), making any forensic analysis of the curious vote tabulations and calculations likely impossible.

A judge ordered the Dominion machine data preserved yesterday afternoon. Then reversed his order an hour later.
Then restored the original order at 10pm last night.
Except now we find the data was deleted during all the “confusion”.

Workers said they were eager to delete data quickly, so the machines will be ready for the Senate runoffs on Jan 5.
Emails show they deleted, rather than backed up.

Fulton County always has the most rotten luck with elections.

Duncan said...

Mail in ballets are rejected at a rate of .5% to 1% due to voter error like forgetting to sign them, etc. This would hurt the Dems. Conspiracies involving 1000s of confederates leaving no hard evidence that can stand up to legal scrutiny are hard to pull off. On the other hand, losing narrowly in states narrowly won four years ago due to an unfortunately timed virus is entirely within the scope of reasonable expectations.

Johnny Bee Dawg said...

WRONG.
Mail in ballot rejection rates have typically been over 3%.
In this election the rejection rate has been 0.3%.

Impossible.

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Johnny Bee Dawg said...

Gosh darn the luck.
Turns out somebody has now STOLEN one of the main Dominion servers in Atlanta.
AFTER the judge ordered all the equipment secured and untouched.

In other news, over 900,000 mail-in ballots have already been sent out for the Georgia runoffs.
Meanwhile, there has been no investigation or adjustment of the voter rolls to account for the 57,000+ likely non-residents who voted in the recent Presidential election.

“Most secure election in US history”

Grechster said...

JBD: In their hearts they know you're right. I salute your depth of knowledge on the details and the willingness to take a position that the Left/woke weenies will condemn you for. Good on ya!

The Cliff Claven of Finance said...

I agree with Deputy Dawg that fraud in this election probably exceeded all fraud in the past 60 years of presidential elections combined.

But Biden will still be president because absentee ballots become anonymous after being separated from their envelopes. He is already getting a redesign of the White House basement, where he plans to live.

The Dems were trying to get rid of Trump since mid-2016, so why would they suddenly stop on November 3, 2020?

Recounts don't detect illegal ballots.

The same fraud will probably elect two Democrat Senators in Georgia even though one is a crackpot.

Fred said...


William Barr: "No evidence of fraud sufficient to change the outcome of the election."

White House Statement:

"William Barr is a short term low level employee in the Justice Department. President Trump doesn't recall ever meeting him nor was Barr ever involved or in attendance at mid or high level meetings. He has no knowledge of the investigations undertaken by the Dept of Justice"

Johnny Bee Dawg said...

William Barr has ignored hundreds of calls to the FBI from eyewitness whistleblowers reporting election fraud. None have received follow up calls. Bill has launched exactly zero investigations into election fraud in this election. Zero.

Watching the testimony before the AZ and MI legislatures the last 2 days is mind blowing. Witness after witness after witness. Completely ignored by mainstream media. Kinda like Joe’s millions of payments from China, Russia, Ukraine, Iraq and Luxembourg. Not a peep from nightly news on those either. Biden’s own family office CEO spilled the beans after Hunter’s laptop was unveiled, but no interest from the media.

Tons of evidence presented at these hearings showing massive widespread systemic election fraud...none of which any judge has agreed to hear thus far. Jaw dropping evidence.

And don’t forget, Jeffrey Epstein was murdered under Bill Barr’s direct supervision with no consequences. Barr is a Swamp Rat. Still waiting for Durham to question Comey and Clapper. Getting right to the bottom of things.
This is a lawless nation. This will not end well. Too many have fought and died for this country to give it away to a Marxist coup funded by China payoffs to government officials.

Fred said...

I actually think Barr ordered Epstein’s murder and that Brian Kemp and Brad Raffensperger are agents hired by China to rig the election. They may really be Chinese. This may explain why Kemp is such a lousy public speaker. I’m moving to Idaho and starting my own country.

randy said...

"I’m moving to Idaho and starting my own country."

A better solution might be to let California secede. Portland and maybe Seattle can seek to be provinces.

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sgt.red.blue.red said...

Or like Zappa said, goin’ to Montana, and raise me up some dental floss.

sgt.red.blue.red said...

Or like Zappa said, goin’ to Montana, and raise me up some dental floss.

Johnny Bee Dawg said...

There are now almost TWO THOUSAND sworn affidavits under penalty of perjury filed by eyewitnesses to election fraud from the swing states. Almost all are from poll workers, watchers, challengers and US Mail employees. Many with photo, video, and physical evidence.

Told you more was coming out on those ballots added in the middle of the night in Georgia. (Even more will come out.)

Bombshell video released and shown at the GA legislative committee today.
Shows all the observers and media being ejected from the counting facility late night on Election Night.
Then the video shows suitcases full of ballots being pulled out from under tables and added to the vote count. LOL. Brazen.

Cyber Security Colonel today testified to the extreme likelihood that ballots for Trump were removed and replaced by FAKE ballots for Biden. A forensic audit would settle it once and for all. Optical scanners can check signatures, ink, and paper origin.
He also testified that Dominion machines can be hacked in 2 minutes, and WERE connected to the internet and thumb drives in violation of GA election law. Also outlined statistical impossibilities in the vote. He does this for a living, and did in the Army with a top security clearance.

2 people testified to boxes of absentee ballots, unfolded, printed on pristine white paper all marked for Biden, and pre-filled by computer. Not the same type of paper that real absentee ballots have.

Another lady testified about a group of workers that were printing official ballots and loading them into suitcases.

Time for the GA Legislature to dump this election and pick the electors as the Founders mandated in the US Constitution.
The election was not only fraudulent, the procedures did not follow the law mandated by the legislature.

Hillary Clinton's top campaign lawyer, Marc Elias, wrote the new mail-in voting rules that the GA Governor and SOS adopted, in violation of the GA Constitution. Those rules eliminated voter ID for mail in ballots, AND eliminated one of the 2 signature matching requirements for absentee ballots.
The new rules even mandate that any signature disputes must be approved by an expert picked exclusively by the DEM Party.
LOL...ever heard of such absurd changes, that benefit a single Party? Especially the opposing Party?

Isn't it odd that the supposed "Trump supporting" Gov and SOS set up such insane rules written by the Soros/Clinton cabal, and lobbied with Clinton Foundation funds to get Dominion machines in use?

Why would 2 top PUBs do that when GA is one of the few states in the nation to have a "State Government Trifecta". PUBs control the Gov, Lt. Gov, SOS, and the House, and the Senate. Yet they had Progressive Operatives write the new election rules that favored DEMs. Gosh, that's odd.
More will come out about this.

Fred, despite what you said, none of the issues I've detailed on this page are being heard by the judge in Georgia.

The Cliff Claven of Finance said...

Thanks for keeping us up to date on the latest election fraud news Deputy Dawg.

I suppose there was a lot of election fraud in 2016 ... but not enough ... because the polls showed Shrillary winning, so why take too many chances of getting caught if not needed.

Of course the Obama people trying to disrupt Trump's 2016 campaign failed and the Democrats were not going to fail again in 2000. They knew the polls showing Biden leading by a mile in 2020 were not accurate. After four years of hating Trump, they tried too hard this time and left too many tracks.

The problem is the absentee ballots, once separated from the envelopes, become anonymous, especially if the envelopes with the signatures "disappear".

The second problem is on December 14 the next president will be selected and that's not enough time for a good investigation.

Sometimes the bad guys win.

But there is still time to make the Georgia Senate runoff a more honest election.

Not easy if there will be one million absentee ballots mailed out.

They seem to get signature approval by those $@$&% machines if the name is spelled right.

Regina said...

The speech that sickened the WEF.
Pres. Trump January 2020 Davos.

https://www.youtube.com/watch?v=Yt86DUXju1k&feature=youtu.be

Regina

Johnny Bee Dawg said...

Evidence of election fraud in Georgia testified in legislature hearings today:

2,506 felons voted illegally
66,248 underage ineligible people voted
2,423 individuals not listed as registered
1,043 who registered using a P O Box
4,926 who voted after their voter registration date
10,315 individuals who were deceased

Trump “lost” by 27411 votes, FWIW

GA legislature needs to exert its plenary power to revoke the election and appoint its Electors, just as the US Constitution mandates.
Law over Fraud

But this just scratches the surface.
Worse corruption is coming out. $$$$

steve said...

"Thanks for keeping us up to date on the latest election fraud news Deputy Dawg."

This once venerable economics blog has turned into a hack for Trump who WILL exit stage left on Jan 20 but not until he likely costs the GOP the GA seats at which point it WILL be economic news.

Move on.

Fred said...

JDB: You do need to look at the actual settlement agreement between SOS and Plaintiffs signed back in March. I know the lawyers on both sides of the litigation and they are all very reputable. It provides that a majority of the election staff must agree that the signature on the ballot does not match the signature on file in order to reject it (and the voter's ID is on the SOS portal). This agreement applies state wide in many counties that are all Republican. I don't know where you are getting your information about a Democrat picking an expert to determine disputes. If you've got an actual citation to the Official Code of Georgia supporting your claim I'd like to see it. I do agree that the video from the State Farm arena apparently showing people pulling suitcases out from under tables after Republican observers were sent home needs to be investigated to see if poll workers were in fact counting ballots from 11 pm to 1 am. Gov Kemp is now saying they need to do a signature audit.

Johnny Bee Dawg said...

Fred:

I have not lived in Georgia for decades, but I am still pretty plugged in there for a number of business & personal reasons. And I am especially concerned about the widespread fraud which changed the election from Trump to Biden, and very concerned about lack of reforms for the upcoming Senate runoff which could deliver an actual BLUE WAVE of destruction on the entire country.

I have a copy of the Compromise Settlement Agreement. That is where I got my information from.
Of course Marc Elias, who wrote the decree, is "very reputable". He is from our friends at Perkins Coie in DC!! Yay!
Was Hillary campaign Chief Counsel, too. Who better to write an agreement for the state with the Republican Trifecta??

Page 4, paragraph 4 of the agreement states that signature guidance & training to follow when comparing voters’ signatures will be drafted by the Political Party Committees’ handwriting and signature review expert. The "Political Party Committee" is defined at the beginning of the document as 3 different DEM organizations. No PUBs. Does anyone see a problem with using guidance from a single political party to evaluate signatures, or is it just me?

The Trump team requested a signature audit from Gov Kemp FIVE TIMES, and were denied. Hmmmm.
Suddenly....the video has flooded his office with complaints, so he pretends to care.

Sad thing is....what signature audit is now available?? The ballots were separated from the signed envelopes upon opening.
Ga dictates that happens in order to preserve a secret ballot. That is why the state has a two step verification process in place which was eliminated by the unconstitutional agreement. The agreement does not follow state law.

The agreement gives election officials the option to check signatures against the one on file in eNet OR the signature on the application. Note that word, OR.

This is different from GA law which states:

“(B) Upon receipt of each ballot, a registrar or clerk shall write the day and hour of the receipt of the ballot on its envelope. The registrar or clerk shall then compare the identifying information on the oath with the information on file in his or her office, shall compare the signature or mark on the oath with the signature or mark on the absentee elector's voter registration card and application for absentee ballot or a facsimile of said signature or mark taken from said card or application, and shall, if the information and signature appear to be valid and other identifying information appears to be correct, so certify by signing or initialing his or her name below the voter's oath.”

State law says AND. The agreement says OR

Surely one can see the problem with matching a signature with the one on the application which could be sent in by a fraudulent voter originally. Massive mail-in balloting created a situation where the signature verification process was overwhelmed and possibly subverted. This is what needs to be investigated.

The bottom line is the consent agreement changed the manner in which elections are carried out in Georgia which is counter to the US Constitution - Article 1 Section 4 - in more ways than outlined here.

The new process proved to be a disaster, and did not follow state law. Procedures were disregarded throughout. This is documented in hundreds of sworn affidavits under penalty of perjury that NO JUDGE HAS LOOKED AT.

The Legislatures of GA, PA, MI, AZ, and NV all have the power and the duty mandated by the Founders in the US Constitution to disregard their flawed elections, and to pick their own Electors, just as every state used to do in the 1800s. There are FAR more than enough ballots in question in each state to alter the results. Follow the Law.

BTW, new video has emerged today showing the lady in the first video counting boxes of absentee ballots without return addresses, and without any poll observers present. This election process was a disaster.

Fred said...

JDB: Do you have an earlier draft of the settlement agreement or are you intentionally mispresenting what the actual document states? "the registrar or clerk must compare the
signature on the mail-in absentee ballot envelope to each signature
contained in such elector’s voter registration record in eNet and the
elector’s signature on the application for the mail-in absentee ballot" There is also no requirement that the State follow the advice of the Defendants' expert (just a good faith agreement to "consider" providing additional training from their expert) and there is certainly nothing in the agreement that the DEM's signature expert decide disputes as you alleged in your earlier comment. I thought you were better than this.

3. Signature Match.
(a) Secretary of State Raffensperger, in his official capacity as Secretary of
State, agrees to issue an Official Election Bulletin containing the following
procedure applicable to the review of signatures on absentee ballot envelopes by
county elections officials and to incorporate the procedure below in training
materials regarding the review of absentee ballot signatures for county registrars:
County registrars and absentee ballot clerks are required, upon receipt
of each mail-in absentee ballot, to compare the signature or mark of the
elector on the mail-in absentee ballot envelope with the signatures or
marks in eNet and on the application for the mail-in absentee ballot. If
the signature does not appear to be valid, registrars and clerks are
required to follow the procedure set forth in O.C.G.A. § 21-2-
386(a)(1)(C). When reviewing an elector’s signature on the mail-in
absentee ballot envelope, the registrar or clerk must compare the
signature on the mail-in absentee ballot envelope to each signature
contained in such elector’s voter registration record in eNet and the
elector’s signature on the application for the mail-in absentee ballot. If
the registrar or absentee ballot clerk determines that the voter’s
signature on the mail-in absentee ballot envelope does not match any
of the voter’s signatures on file in eNet or on the absentee ballot
application, the registrar or absentee ballot clerk must seek review from
two other registrars, deputy registrars, or absentee ballot clerks. A mailin absentee ballot shall not be rejected unless a majority of the
registrars, deputy registrars, or absentee ballot clerks reviewing the
signature agree that the signature does not match any of the voter’s
signatures on file in eNet or on the absentee ballot application. If a
determination is made that the elector’s signature on the mail-in
absentee ballot envelope does not match any of the voter’s signatures
on file in eNet or on the absentee ballot application, the registrar or
absentee ballot clerk shall write the names of the three elections
officials who conducted the signature review across the face of the
absentee ballot envelope, which shall be in addition to writing
“Rejected” and the reason for the rejection as required under OCGA
21-2-386(a)(1)(C). Then, the registrar or absentee ballot clerk shall
Case 1:19-cv-05028-WMR Document 56-1 Filed 03/06/20 Page 4 of 7
4
commence the notification procedure set forth in O.C.G.A. § 21-2-
386(a)(1)(C) and State Election Board Rule 183-1-14-.13.
(b) The Parties agree that the guidance in paragraph 3(a) shall be issued in

Consideration of Additional Guidance for Signature Matching.
The State Defendants agree to consider in good faith providing county registrars and
absentee ballot clerks with additional guidance and training materials to follow when
comparing voters’ signatures that will be drafted by the Political Party Committees’
handwriting and signature review expert.

Johnny Bee Dawg said...

No, Fred, I quoted it exactly.

Johnny Bee Dawg said...

Fred:
What I said is exactly right.
Georgia law requires the signature match procedure to be followed when the absentee ballot is received.

Georgia has a TWO STEP process in state law to verify signatures. If one fails, hopefully the other one will catch the mismatch.

This is especially important in a year in which the sheer volume of absentee applications and mail in ballots superseded previous elections significantly. Because fraud is rampant, and was witnessed by hundreds of people who swore affadavits under penalty of perjury.

The settlement agreement changed the signature verification procedure upon receipt of the ballot as I explained above. I didn’t mention that it also created a process where multiple people had to be involved in the verification process which is burdensome given the volume of ballots this year and is also inconsistent with Georgia law. AND was changed to OR.

The fact remains that the settlement agreement changed the manner in which the election was carried out which is unconstitutional. The law would need to be changed by the Legislature, not by a Governor and SOS.

In yesterday’s Georgia legislative hearing, a constitutional lawyer/expert explained all of this much better than I can. It really is indisputable. In fact, even the DEMs are not disputing this. They just dont want the remedy of a called session of the Legislature to take it up. Legislature in GA can be called into special session by either a 3/5 vote, or by proclamation by the Governor.

So I guess we shall see if the Constitution will be followed.
God help us if we stop following our Constitutions in this country, and make voting irrelevant.

randy said...

A little ironic:

Former national security adviser Michael Flynn promoted a petition Tuesday calling on President Donald Trump to temporarily suspend the U.S. Constitution, declare martial law and order the military to oversee a national re-vote for the 2020 presidential election.

randy said...

AirBnB valued at $42 billion
Door Dash $39b
Uber $100b (where my son is an engineer - or was, now Aurora... maybe)
Tesla $600b for selling carbon credits

Exciting valuations. JBD thinking value may close on growth. Sure seems reasonable.



steve said...

The problem is TIMING the reversion of growth Vs value. Good luck with that.

Johnny Bee Dawg said...

I was too early this summer on the value, high beta, small cap trade, but no harm done.
Everything has gone up.

But the gap has already been closing between Growth & Value. High beta & Low vol. Large & Small.

Just this quarter (since 9/30/20):
S&P Pure Value RPV: +27%
S&P Pure Growth RPG: +11%

S&P High Beta SPHB: +38%
S&P Low Vol SPLV: +4%

Core Small Cap IJR: +27%
S&P 100 OEF: +8%

All numbers are total return, including dividends

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Sarkari Mail said...
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Sarkari Mail said...
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