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Mystery jump in oil trading ahead of Trump post draws scrutiny

bbc.com

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

#161

Post by underlipton »

0xffff2 wrote: post #146
underlipton wrote: post #140

Earlier quoted context omitted.

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.

Campaign finance reform gets rid of private financing of PACs and Super PACS altogether. You might call that limiting speech, and I guess it is, in a way, but it's not a restriction for its own sake, but rather to emphasize that actual main reform: public financing (and necessarily limited).

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

#162

Post by johngossman »

surgical_fire wrote: post #142
bushbaba wrote: post #63

Earlier quoted context omitted.

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

It just feels that way sometimes

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

#163

Post by MSFT_Edging »

d1sxeyes wrote: post #89
bushbaba wrote: post #63

Earlier quoted context omitted.

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

Almost every new system of governance has been better than what came before.

No matter how much you hate Communists, you must admit the fall of the USSR was catastrophic in terms of quality of life and life expectancy. All the public goods and services were sold off en masse and children were driven to prostitution to avoid starvation.

~30 years later all the quick investors of the privatization run the country and have been sending all their able bodied men into a drone-based meat grinder with no end in sight.

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

#164

Post by bakies »

pear01 wrote: post #101
fraywing wrote: post #17

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?

It's not that complicated. Elect a Democrat in 2028 who will nominate a strong AG, not a useless ditherer like Garland. What a disgraceful tenure he had. If he was going to take so long to bring charges he should have just avoided it. Instead he takes 3 years to bring all these charges which naturally look like election interference and as such are paused until they choke the election away and the new justice departm…

The last dem did shit

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

#165

Post by MSFT_Edging »

IncreasePosts wrote: post #141
nozzlegear wrote: post #52

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

Well then they'd be forced to live the rest of their lives in the prison of Florida and Texas.

I hope they have enough direct flights to not have a layover in an unfriendly state.

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

#166

Post by linhns »

philistine wrote: post #156
kortilla wrote: post #137

Earlier quoted context omitted.

That’s false. The petrodollar is irrelevant because two non-US companies trading using an intermediate currency like the USD create a balanced buy and sell of the intermediary.

If the petrodollar is irrelevant, why is Iran insisting that anything transiting the straight of Hormuz be bought using the Chinese Yen?

Yuan. Not Yen. Iran shouldn’t be insisting anything.

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

#167

Post by whamlastxmas »

acdha wrote: post #132
Bratmon wrote: post #123

Earlier quoted context omitted.

Okay enlighten me: Why is it good when Democrats insider trade but bad when Republicans take the exact same trades?

It’s not different because of who’s doing it but due to scale: creating news which steers markets is worse than trading based on insider information, and there’s a scale question as well (billions versus millions). I want them both prosecuted but in terms of priorities I’d favor the police going after armed robbers over porch thieves.

I think this sort of thinking is why we have people who continue to vote against their own self interests. The fact is we really don't have enough information to make meaningful conclusions about which party is causing more harm with insider trading. It would take a team of accountants and lawyers years to confidently measure this. A random individual isn't going to assess this well.

But because people confidently draw often incorrect or baseless conclusions based on vibes and what largely democrat controlled corporate news media tells them, they're going to fall into us versus them mentality at party lines instead of better understanding that both sides are screwing us over tremendously and not accepting a perceived lesser evil

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

#168

Post by QuantumGood »

pear01 wrote: post #115
chinathrow wrote: post #104

Earlier quoted context omitted.

> Elect a Democrat in 2028 Does everyone still believe this will be possible/happen/allowed by the current regime?

Is this supposed to be an intelligent comment? Is your answer to forgo elections ahead of time? You plan for the worst outcome by already accepting it as reality? Why don't you work on lobbying your grandparents and their vote because I seriously doubt you are equipped for whatever armed conflict you are imagining. Have some dignity. If Americans are so called upon to defend the constitution then so be it, there is n…

People often in essence say "I think the odds of [the alternate option(s)] are greater than are being represented". It can be helpful to frame it that way, rather than "I will over-react to what I feel is an over-reaction".

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

#169

Post by QuantumGood »

nostrademons wrote: post #58
fraywing wrote: post #17

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?

I think it's likely that they'll see justice in a chaotic way , ie not connected to the specific crime. Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses and the property rights that enforce the wealth they gained from these transactions disappear as the government is toppled. Another likely outcome is that they get in the habit of doing criminal…

Hidden profiteering off ill-gotten gains happens continously. In some areas it becomes more known or suspected, but because beheadings and such are very far outside the Overton Window that is mostly controlled by the media, the focus of society moves on as the media directs.

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

#170

Post by leptons »

lynndotpy wrote: post #51
fraywing wrote: post #17

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?

For starters, you're not alone in this feeling. A lot of us are very hungry for justice, and a lot of the Trump administrations current tactics are openly grappling with the reality of jailtime and restitution if they lose power. These are unusual times, and so people who are not usually inclined toward retribution are hungry for it. That said, it's hard to reconcile that with the fact that Democrats continue to be t…

>the fact that Democrats continue to be the opposition party, and failed to even imprison Trump over four years for the things he'd done

I'd like to point out it was NOT the Democrats who failed us, it was Republicans in congress who failed us. I'm really not sure how you can suggest Democrats failed us, when they had 2 successful impeachments against trump, but it was Senate Republicans that voted to not remove him when 60 votes were required in a Senate split 50/50. Every single Republican Senator except Mitt Romney in the first impeachment failed us. The second impeachment for insurrection got closer at 57 votes in the senate, but Republicans failed us again.

Democrats absolutely did not fail us, they were the ones trying to hold a criminal accountable. It was and always is Republicans who fail us.

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