Play Nice Random Chat Thread V

[Kangaroos4eva]

Revolution is certainly in the air.

Has been an underlying current since 2008-09. New left and Trump-style populist politicians is indicative of that at the higher level.

The corporate bailouts of particular companies, and situations like gamergate, are almost akin to the uncontrolled ultra-capitalism of the 19th century. Alongside high national debt, high living costs and cronyism, I see the current system as under considerable strain. Social democracy may increase as a result in the USA, but we’ll see.

But what would I know, economics isn’t my area.

 

[goalieboy82]

Coach Emeritus Scamper from yesterday (my yesterday)

this is my good side.

 

[ferball]

This Robinhood thing is absolutely insane. The piece they put out announcing why they're stopping people buying those stocks is a disaster. It's some of the most catastrophic PR seen in a long time. Six and a half thousand responses under the tweet in under 10 minutes. And the irony of their name is just so perfect. Haha holy sh*t.

Surely this episode is the most incontrovertible proof to even the most naive of people that the whole system is absolutely cooked, designed to make the rich get richer and nothing else.

Its time to burn the ****en thing down and using tools like Robinhood is the perfect way. We need an open source freeware type trading tool and a population of pissed of people with a couple of K to spare and we (as in the 99%) can do this.

 

[Flawed Genius]

Errrr

Talk about saying the quiet part loud

 

[Del191229]

Has been an underlying current since 2008-09. New left and Trump-style populist politicians is indicative of that at the higher level.

The corporate bailouts of particular companies, and situations like gamergate, are almost akin to the uncontrolled ultra-capitalism of the 19th century. Alongside high national debt, high living costs and cronyism, I see the current system as under considerable strain. Social democracy may increase as a result in the USA, but we’ll see.

But what would I know, economics isn’t my area.

I've have said repeatedly that the biggest mistake Obama made was not putting a couple of Wall Street types up for big widely publicised trials after the bailout.

Coming so hot on the heels after the Iraq War is proved to so many Americans that all politicians were crooks who lied and were in on it.

 

[Kangaroos4eva]

 

[Del191229]

 

[Val Keating]

Revolution is certainly in the air.

They are organising a protest right now on the capital

 

[LuvtheKangas]

Errrr

Talk about saying the quiet part loud

What a fkng scumbag. He epitomises what's broken in the US.

 

[Kangaroos4eva]

I've have said repeatedly that the biggest mistake Obama made was not putting a couple of Wall Street types up for big widely publicised trials after the bailout.

Coming so hot on the heels after the Iraq War is proved to so many Americans that all politicians were crooks who lied and were in on it.

Spot on.

Acting in pure self-interest undermines free markets. Unbridled capitalism, where pure self-interest reigned in the 19th century, is untenable. Capitalism only works with free and FAIR markets where the little man can have a fair crack at making it big. Social democracy a safety net. Interfering in the market for your wall street mates only creates a legitimacy crisis.

 

[Del191229]

They are organising a protest right now on the capital

That's not going to do shit.

Thing that makes the GameStop situation so terrifying for the elite is the way it showe4d their own system can be used against them.

Their only response was a hysterical overreaction that proves the are full of shit.

Need more of those.

Or a general strike lol.

 

[DesertRoo]

I've have said repeatedly that the biggest mistake Obama made was not putting a couple of Wall Street types up for big widely publicised trials after the bailout.

Coming so hot on the heels after the Iraq War is proved to so many Americans that all politicians were crooks who lied and were in on it.

It’s the whole reason why trumpism exists..

 

[Kangaroos4eva]

That's not going to do sh*t.

Thing that makes the GameStop situation so terrifying for the elite is the way it showe4d their own system can be used against them.

Their only response was a hysterical overreaction that proves the are full of sh*t.

Need more of those.

Or a general strike lol.

They could just temporarily placate the current masses by unbanning stuff and restrict shorting, which has its uses, but has become nearly unchecked.

 

[Kangaroos4eva]

It’s the whole reason why trumpism exists..

Not the whole, but a substantial part.

It was why he attracted so many ex-democrats in 2016.

 

[DesertRoo]

They are organising a protest right now on the capital

Good thing they took down the barricades...

 

[Del191229]

Spot on.

Acting in pure self-interest undermines free markets. Unbridled capitalism, where pure self-interest reigned in the 19th century, is untenable. Capitalism only works with free and FAIR markets where the little man can have a fair crack at making it big. Social democracy a safety net. Interfering in the market for your wall street mates only creates a legitimacy crisis.

 

[Del191229]

They could just temporarily placate the current masses by unbanning stuff and restrict shorting, which has its uses, but has become nearly unchecked.

I'm old enough to remember when Gordon Brown banned shorting after the UK banking system collapsed.

 

[Del191229]

 

[ferball]

That's not going to do sh*t.

Thing that makes the GameStop situation so terrifying for the elite is the way it showe4d their own system can be used against them.

Their only response was a hysterical overreaction that proves the are full of sh*t.

Need more of those.

Or a general strike lol.

Do you know any good coders? This is a real opportunity.

 

[ferball]

I'm old enough to remember when Gordon Brown banned shorting after the UK banking system collapsed.

Nothing wrong with shorting in principle. Its a fair way to regulate bubbles isn't it? I'm no economitrician or whatever the call themselves.

 

[Kangaroos4eva]

I'm old enough to remember when Gordon Brown banned shorting after the UK banking system collapsed.

Not that old, young fella.

UK moves to curb short-selling abuse

UK Prime Minister Gordon Browns government proposed new powers to suspend “abusive” short-selling deemed to be endangering the financial system.

m.economictimes.com

 

[Kangaroos4eva]

Nothing wrong with shorting in principle. Its a fair way to regulate bubbles isn't it? I'm no economitrician or whatever the call themselves.

It has its purposes, but its overuse has lead to ‘problems’.

 

[ferball]

Not the whole, but a substantial part.

It was why he attracted so many ex-democrats in 2016.

Yeah i agree. Would have been harder to atroturf the original tea baggers with a few of the 1% facing serious consequences. It was one of the things that cost Obama credibity imo. It certainly did with me.

 

[Del191229]

Not that old, young fella.

UK moves to curb short-selling abuse

UK Prime Minister Gordon Browns government proposed new powers to suspend “abusive” short-selling deemed to be endangering the financial system.

m.economictimes.com

Been a fairly big decade or so since then.

Essendon haven't won a final in that time though lol.

 

[Grogg]

Errrr

Talk about saying the quiet part loud

"Here you go Leon, we're just going to pop this blindfold on now. Would you like a cigarette?"