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Everything posted by ralis
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economic injustice and the taboo about the stock market
ralis replied to roger's topic in The Rabbit Hole
The derivative market inflates the original value of the asset in question to astronomical proportions. -
economic injustice and the taboo about the stock market
ralis replied to roger's topic in The Rabbit Hole
The stock market is a rigged system for the big banks and that has been proven by such writers as Michael Lewis. 'High frequency trading' dominates the market in which a high volume of trades are executed every second by the same broker. Further, banks such as Goldman Sachs are able to monitor volume and positions on the NY Stock Exchange and use HFT to trade against any position or as it is known in the business, 'naked short selling.' Besides HFT and 'naked shorts' banks are only executing paper trading when it involves commodities and never take possession of the physical commodity when the contract expires. Trading on margin is an age old practice and until recently, anyone trading a commodity was required to take possession when the contract expired. However, with the relaxed rules as instituted by the 'Commodities Futures Modernization Act' banks are now allowed to be under capitalized. The bankruptcy of Bear Stearns is a perfect example of being without sufficient capital to cover losses. E.g. lets say Bear Stearns was capitalized for trades at 10% and the market moved 15% against, then a margin call wiped out their capital and the company went belly up. The same thing is happening today with the derivative market which could very well be over 1 Quadrillion USD which are bets on bets on bets....... http://www.nakedcapitalism.com/2013/03/worldwide-derivatives-market-estimated-as-big-as-1-2-quadrillion-as-banks-fight-efforts-to-rein-it-in.html http://www.investopedia.com/terms/h/high-frequency-trading.asp http://www.investopedia.com/terms/n/nakedshorting.asp -
http://www.democraticunderground.com/10141443359
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Make all the accusations you want, but you fail to understand the problem with your extremist narrative. You posit an extreme Ayn Rand selfish view and all others be damned. I am finished with this discussion.
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In your world view, it is perfectly acceptable to discriminate against what you consider a tiny minority and given the problems of rampant abuse and discrimination, the Civil Rights Act of 1964 was written to protect minorities. https://www.ushmm.org/outreach/en/article.php?ModuleId=10007677 http://research.calvin.edu/german-propaganda-archive/goeb41.htm I resent your incessant rant that a liberal is somehow beneath you and the cause of so many societies ills. I posted these quotes from Dr. Joseph Goebbels as a reminder!
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http://www.democraticunderground.com/10141449506 These are a few of the states that were required to have preclearance in regards to the 'Voting Rights Act' and the same discriminatory behavior rears its ugly head.
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Seems as though you have a problem with civil rights enforcement? If so, why? Texas and North Carolina have vowed not to enforce civil rights. There are many that are afraid of what they don't understand or are even afraid of their own sexuality and what that means. Freud theorized that babies are predisposed to bisexuality and at some juncture, specific biological functions determine what ones sexual expression will be.
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Transgender has been studied by cultural anthropologists and the findings conclude that it transcends all cultures and is not a contemporary political movement or caused by the water supply. There are specific occurrences where shamans are transgender as well as the transgender Aravanis.
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That is an outrageous rant! It is obvious that you have no understanding of transgenders and how such persons are being discriminated against in several states and to slight such persons as ones who just want to cross dress for political purposes is just plain absurd. Further, to bring in the bestiality argument is absolutely laughable. Such an argument has been presented by right wing uneducated religious bigots.
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A reminder to some as to what humans are capable of in the name of a so called moral 'higher cause'.
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Yes indeed! Puritanical ideology has infested many aspects of US society to its detriment.
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Will you stick to the OP as opposed to wandering around in your own mind. Further, your narrative around US slavery is a revisionist point of view.
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Philosophy and reason without empathy and heart are useless armchair activities.
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I guess you have no idea as to what human nature is about. Who or what institution will educate the ignorant masses that you feel are beneath you? Will the curriculum be based on Ayn Randism? How do you think University of Mississippi African American students feel about these white students chanting " the south will rise again" which took place at a University of Mississippi football game.
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Very well said!
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http://www.rawstory.com/2016/05/loretta-lynch-destroys-north-carolina-for-state-sponsored-discrimination-against-trans-people/
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In our Constitution, there can be no tyranny of a majority over a minority and vice versa. The establishment of law in the 1960's to give voting rights and civil rights to African Americans was the right thing to do. Prior to that, African Americans were discriminated against, which has already been mentioned in a prior post. Moreover, I don't want the worn out libertarian argument presented here, that 'rights are inherent and no government can grant such rights'. If such rights are inherent, then why are many denied such rights by racist groups? BTW, I can cite myriad examples that have nothing to do with the government.
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Everything? Meaning in your narrative that one must respect persons advocating discrimination? Hate speech? If so, I can hardly agree.
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What I stated is related to the OP which in and of itself, religious discrimination of LGBT persons can and does lead lead to violence.
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Even though I made a generalization, the basis of religious ideology as a contributing cause is a complex subject, which requires extensive research as opposed to relying on one set of books. I never rely on one document.
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I was making a generalization, but I stand behind the historical records of religion being one cause of hatred and violence. In this topic of discussion, discrimination based on religious ideology/demagoguery is the issue at hand.
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Their scholarship is in question and it is difficult to ascertain exact figures. Axelrod has advanced degrees in English and none are in history. Charles Phillips bio is nowhere to be found. To just pull something off the web without a little vetting will not find my approval.
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In your view it is always the fault of the government and if laws only protected Karl's castle and his stuff, then the world would be peaches and cream. Enjoy your illusions.
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Karl is channeling Ayn Rand and is possessed by her.
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Everyone else is an ape and you are not? Further, there are instances in Indiana where religious pizza makers will not cater a same sex marriage. Also, there are bakeries that have refused on religious grounds to serve same sex couples, both instances are violations of business license laws.