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Mystery jump in oil trading ahead of Trump post draws scrutiny

bbc.com

141–150 of 419 posts

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#141

Earlier quoted context omitted.

Zero when the president has the power to issue blanket pardons to his family and inner circle. Hell, he might even extend it fully to ICE. There's precedent too since the previous president pardoned his son for all crimes committed over a period of time.

The president can't issue pardons for state convictions, so: prosecute offenders at the state level for state crimes.

Well, then we'll just have a situation where texas and Florida are safe havens for these people, and the governor will refuse to extradite them to New York or whatever to face trial

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#142
post #48

Earlier quoted context omitted.

Revolution, not election. We need a new governance framework in the US. I believe it’s genuinely silly to think this type of activity is limited to one party or one administration or that it is new. I believe the Constitution and related artefacts should be stored in the British Museum with other historical documents. Civic religion needs to be done away with.

That assumes the new system will be better. History tells us otherwise

Which is why we are still living in nomadic tribes following chieftains.

No wait

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#143
post #78

I'm growing pessimistic that this kind of activity + the egregious presidential-level crypto scams will never see justice. What's the path for that, really?

"The Treasury just declared the U.S. insolvent. The media missed it" - https://fortune.com/2026/03/23/us-government-insolvent-fisca...

I am not an economist but my worry is that government deficit spending was the largest driving factor for the bull run. Balance the budget and the economy crashes.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#144
post #119

Earlier quoted context omitted.

I made a face, reading this article. They present the US gov't's very large and scary liabilities and future obligations, but they don't present the other side of the picture, the future income streams. (How much can the US government realistically expect to earn annually via taxation?) Without being able to compare future liabilities to future income, we're lacking critical context. It's like they wrote half an arti…

There is no feasible scenario where tax revenues will allow the US government to pay a 39 Trillion, soon to be 40 Trillion debt. And paying the debt its not even in discussion right now. What is in discussion, are the multiple, very feasible, and very realistic scenarios, where an increase in interest rates, and a run from the dollar...Will force the US government to spend over 80% of the tax revenue, JUST TO SERVICE…

I know a way.

https://i.4pcdn.org/pol/1773582592057062.jpg

Close out enough debt to make what's left serviceable. Thank our richest for their sacrifice for the nation's greater good.

The alternative is that they take the money and run. Or start WWIII. There is no in-between.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#145

Earlier quoted context omitted.

The president can't issue pardons for state convictions, so: prosecute offenders at the state level for state crimes.

Well, then we'll just have a situation where texas and Florida are safe havens for these people, and the governor will refuse to extradite them to New York or whatever to face trial

But is that better or worse than the current situation where they're not prosecuted at all?

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#146
post #86

Earlier quoted context omitted.

Not GP, but I think there are a few things that could be done either through a complete re-write of the constitution or through amendments if that process somehow becomes tenable again. 1. Massively increase the size of congress. Modern technology makes this feasible in a way that it wasn't when the size was capped. More congress critters means it's harder to buy off a majority of them. 2. Re-write the first amendmen…

1 is something I've been saying for a while. One rep for every 35k residents was the count at one point, right? I hear it's something like one for every 800k now. And constituency shouldn't be based on geography; if the most important issue to me is whatever, I should be able to fill my ranked-choice ballot with candidates that support Whatever. We can work out the mechanics, but the point would be to have a legislat…

2 is campaign finance reform. The only meaningful campaign finance reform is going to come with limits on political speech. Otherwise you just get the same amount of spend with even more of it being funneled through PACs.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#147
post #122
post #71

Earlier quoted context omitted.

[flagged]

To reduce the insider trading's attack surface, we should first reduce the things a govt can control or legislate on.

Do you have more specifics on that? Because unless you plan to abolish the military, it doesn't really seem relevant to this incident.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#148
post #116
post #96

Earlier quoted context omitted.

No idea why you're getting downvoted, this is absolutely true. The people have lost faith in both parties, we now expect our leaders to be cronies.

People just don't like the "both sides are the same" clownery anymore. It's not true and will never be true.

So are you asserting that Nancy Pelosi wasn't insider trading when her party was in power?

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#149
post #135

Earlier quoted context omitted.

Or just legalize it across the board recognizing that when only the powerful can make use of it. and we're not going to do anything about the powerful, we might as well let everyone else in on the game. That is truly my cynical mindset at this point. The degree to which my trading is regulated is beyond absurd in a market and society where things like this are allowed to happen.

The biggest issue here is not insider trading itself, but the fact that (foreign) policy is being used for insider trading. Think of the tariff madness of last year. The biggest issue wasn't that insider billionaires were robbing outsider billionaires. The bigger issue was the massive stress small businesses had to endure, who didn't know how they were going to survive.

I am of the mind that legalization of this practice would decrease trust in the marketplace to an extent that I think is necessary at this point. Of course, the better alternative would be to actually enforce these laws and increase confidence in the marketplace but how will the inside track billionaires make their money if we do?

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#150
post #73

Earlier quoted context omitted.

If you run the numbers: https://news.ycombinator.com/item?id=47504505 You will see, that anything else other than a ground invasion, is guaranteed to give Iran a war victory.

if a ground invasion goes they will destroy oil trade and everyone is screwed. The war should not be won. it should be ended before everyone loses.

> The war should not be won. it should be ended before everyone loses.

No one ever really wins in war, except those not participating.

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