New York Times and The Athletic workers demand company scrap Kalshi deal

Post by FireBeyond » Thu, Sep 03, 2026, 7:24 PM UTC

jameshart wrote: post #103

wbl wrote: post #10

Earlier quoted context omitted.

Insider trading is legal in commodities markets. If I am engaged in a hedging transaction I am doing so because I know about risks that I want to offload, and the buyer does also. You don't come to commodities markets without information.

If you and the buyer know about the risks then you’re not making a trade based on material non public information, are you? If you make a hedging trade while having material knowledge that you withhold from the counterparty… well, that sounds like it could be edging towards fraud. Like taking out life insurance while hiding a medical condition. But sure, it’s not against the law to do business with a sucker, so there…

Post by monideas » Thu, Sep 03, 2026, 7:35 PM UTC

newspaper1 wrote: post #189

monideas wrote: post #184

Earlier quoted context omitted.

Leftism and “imperialism” are orthogonal concepts. “Imperialism” isn’t even a thing, it just basically means “conquering other land” or “imposing your views/culture”.

Imperialism is definitely a thing and it indeed means conquering other land. It's not orthogonal to leftism at all. Lenin literally called it the "highest stage of capitalism". https://en.wikipedia.org/wiki/Imperialism#Definition

Post by utternerd » Thu, Sep 03, 2026, 7:42 PM UTC

AlexandrB wrote: post #182

utternerd wrote: post #174

Earlier quoted context omitted.

[flagged]

People betting online just destroy their families and cast their children into poverty. And gambling restrictions are hardly fascist. Online sports gambling wasn't legal a scant 10 years ago. Were we living under fascism at that time?

Post by stronglikedan » Thu, Sep 03, 2026, 7:56 PM UTC

jmull wrote: post #177

consensus1 wrote: post #83

Earlier quoted context omitted.

And I hope nobody is claiming that mainstream journalism has any accountability

I do. I’m open to being convinced, but if you’re claiming mainstream media has no accountability, I think you need to substantiate that. I realize there are information bubbles on the internet where this is accepted as truth, but unexamined. Nonsense is everywhere on the internet. I’d be curious how you’d substantiate this.

Post by seizethecheese » Thu, Sep 03, 2026, 7:59 PM UTC

giwook wrote: post #163

seizethecheese wrote: post #158

Earlier quoted context omitted.

Under 1% of the population is not the same as under 1% of people exposed, and if we dramatically increase exposure, we probably will proportionally increase problem gambling. Regardless, this is a good point, this isn’t nearly as high as alcoholism or even drug addiction, I suspect.

It's not nearly as available as alcohol or drugs. Of course the percentage will be lower.