I generally refuse to vote for a political party whose voters believe Jesus used to ride around on dinosaurs, but since I would never vote for Hillary (although I liked Bubba) this guy might be interesting [from Barron's]
Kasich, once he declares, will quickly rise to the top of the GOP field. He’s currently polling at 2%, compared with 13.2% for Bush, 12.5% for Walker, and 12% for Rubio. But he’s the one candidate Hillary Clinton should fear because his unusual, unscripted style gives him appeal across all demographic groups.
Kasich is also unafraid of the GOP’s wacky far right, which gives him curb appeal among independent voters. He used Obamacare to expand his state’s Medicaid coverage, arguing that he was putting federal tax dollars back into Ohioans’ pockets. In 2014, the tax-and-budget cutter was elected to a second term by a 30-point margin. He even swept counties that voted heavily for Barack Obama. He’s a committed conservative without the steamroller zealotry of a Cruz or a Paul. He opposes big government, and he doesn’t much like big business, either. When Kasich ran for president in 2000, he railed against corporate welfare in the tax system. And he has opposed the far right’s hard line against illegal immigrants.
Kasich’s conservative fiscal credentials are strong. He turned Ohio’s $8 billion budget deficit into an $800 million surplus. In doing that, he cut income taxes and government spending, while raising sales taxes to make up for revenue shortfalls. His goal is to eliminate Ohio’s personal income tax, which is now at a median of 3.5%, down about one percentage point since Kasich took office. Demonstrating his commitment to society’s underdogs, he set aside 20% of the money for a $267 million highway-construction project in Cleveland for minority and disadvantaged businesses. At least 20% of the roadway’s workers must be residents of Cleveland wards adjacent to the project, many of which are impoverished areas.
1) It's just not possible for someone trading out of their parent's basement to crash the most liquid futures market in the world. And in the remote chance it is, this is the CME's fault not the trader's.
2) If "layering" orders and canceling bids is illegal then you should round up half the position traders on the Street
3) An "old school" trader who had "always been good with his reflexes and doing things quick." cannot outwit HFT firms like Virtu which have a virtual monopoly on stealing spreads from the market. How exactly do regulators believe Virtu can go 1,000 days without incurring a net loss on a session? Not by losing money to nerds still living with their parents.
4) Anybody who is not a child realizes this is more about him telling the SEC to get fucked than it is about a trillion dollar crash in the market on the same day. Telling someone to get fucked is not illegal.